NexGen Energy Ltd. global equity offering

What was issued

Each line below multiplies the share count the issuer reported by the issue price the issuer reported. The right-hand column is the proceeds figure as the source itself words it, so the calculation and the claim can be compared rather than merged.

The tranches were priced in CAD and AUD. Each line multiplies its own count by its own price in its own currency. The two are never added here, because neither source states an exchange rate.

What the issuer called the total

The issuer’s own documents differ. Both figures are shown as published and neither is corrected here.

In the issuer’s words

it has closed its previously announced global equity offering for aggregate gross proceeds of approximately A$1 billion (C$950 million), consisting of: 33,112,583 common shares of the Company (“North American Shares”) sold on a bought deal basis through a syndicate of underwriters led by Merrill Lynch Canada Inc.

NexGen Energy Ltd. Closes A$1 Billion (C$950 Million) Global Equity Offering ↗

45,801,527 common shares of the Company (the “Australian Shares”), settled in the form of CHESS Depository Interests (“CDIs”) … at a price of A$13.10 per CDI for gross proceeds of approximately A$600 million.

NexGen Energy Ltd. Closes A$1 Billion (C$950 Million) Global Equity Offering ↗

Stated use of proceeds

The Company intends to use the net proceeds from the Offering to advance engineering of the Rook I Project, for Rook I pre-production capital costs and for general corporate purposes.

This is the issuer’s stated intention at closing. It is not a commitment, a budget or evidence of how the money was actually spent.

Counterparties

North American syndicate led by Merrill Lynch Canada Inc.; Australian tranche underwritten by Aitken Mount Capital Partners Pty Ltd with Canaccord Genuity (Australia) Limited

What this record does not establish

• One completed offering with two tranches, not two independent financings. The share counts are additive; the money amounts are not, because the tranches were priced in different currencies.
• No exchange rate is stated in either source and none is inferred, so the Canadian and Australian tranche amounts are never added here.
• The CDIs represent the same underlying common shares. Counting CDIs separately from the Australian Shares would double count the issue.
• The two issuer documents give different aggregate figures: the closing release says C$950 million and the interim statement says approximately $948.6 million. Both are the issuer's own approximations and neither is corrected here.
• The interim statement dates the offering October 15, 2025; the closing release is dated October 16, 2025. The filing date is used as the event date.
• The statement reports CAD 41.9 million of transaction costs and approximately CAD 3.9 million of other fees against the offering. Net proceeds are not stated and are not inferred.
• Historical proceeds are not current cash.

Original documents

The hash identifies the exact file MineralPulse read. A later version at the same address will not match it.

All published financings ↗ · The issuer’s reported balances ↗ · Flag a source problem ↗