representative work

NexGen Energy Completes Additional US$110 Million Financing with CEF Holdings

07/24/2017

Closing Deal Posting

On July 21, 2017, NexGen Energy Ltd. closed its previously announced US$110 million financing with CEF Holdings Limited and affiliates of its shareholders, comprised of:

• US$50 million of common shares of NexGen (approximately 24.1 million common shares at a price of USD$2.07 per share) and;

• US$60 million aggregate principal amount of unsecured convertible debentures (new debentures will be convertible at the holder’s option into common shares at a conversion price of USD$2.69).

Cassels acted for NexGen with a deal team that included Jennifer Traub, Mark Bennett, Alex Pizale, Jennifer Poirier and James Lyle (Securities and Mining).