Nexgen Energy (US) (TSE:NXE) has released an update.
NexGen Energy Ltd. has successfully completed a C$224 million equity offering in Australia, issuing over 20 million common shares to bolster liquidity and foster market growth on the ASX. The proceeds from this strategic financial move will primarily fund the development and exploration of NexGen’s mineral properties, alongside general corporate needs. This significant financial milestone aims to accelerate the Rook I Project towards production.
For further insights into TSE:NXE stock, check out TipRanks’ Stock Analysis page.