The Toronto Stock Exchange reports that NexGen Energy Ltd. will list additional shares. As stated in the prospectus supplement dated Dec. 11, 2023, to the company's short form base shelf prospectus dated Dec. 8, 2023, the company is issuing up to $500-million of shares to the public pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.
According to the TSX, the ATM sales will be made directly on
the TSX, the New York Stock Exchange, or any
other trading market for the shares in Canada or the United States,
during the period commencing Dec. 11, 2023, and ending on
the earlier of: (i) Jan. 8, 2026; (ii) the issuance and sale of all the
shares subject to the equity distribution agreement dated Dec. 11, 2023; and (iii) the termination of
the distribution agreement. As a result of the ATM procedures,
prices may vary as between purchasers and during the period of
distribution.
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