On April 30, 2024, NexGen Energy Ltd. announced an upsized Australian public offering of 20,161,290 common shares at C$11.11 per share, resulting in approximately C$224 million in gross proceeds. The offering is being conducted through CHESS Depositary Interests (CDIs) listed on the Australian Securities Exchange (ASX), enhancing liquidity and market presence in Australia. The offering is led by Aitken Mount Capital Partners as the lead manager and bookrunner, with Canaccord Genuity acting as lead co-manager.

The funds will be used to advance exploration and development of NexGen’s mineral properties, particularly the Rook I Project, and for general corporate purposes. The transaction is supported by a concurrent amendment to NexGen’s at-the-market (ATM) program, reducing its available offering capacity to accommodate this CDI issuance.