Aussie billionaires invest in Canadian uranium

TORONTO-listed developer NexGen Resources has secured a US$30 million investment from Queen’s Road Capital - controlled by Australian rich-listers Andrew Forrest and Jack Cowin - for use at Rook 1 and the standout 2014 discovery, Arrow, in Saskatchewan’s Athabasca Basin.

NexGen has secured a US$30 million investment as it works towards finalising a feasibility study on Arrow's Rook 1 project in Saskatchewan

12 May 2020
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Mining magnate Forrest and Canadian-born Cowin own more than 50% of Queen's Road, which has its registered office in Hong Kong.

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