PROJECT FINANCE

NexGen raises US$110M for Saskatchewan uranium play

CANADIAN-Australian uranium hopeful NexGen Energy has raised US$110 million via the issue of unsecured convertible debentures to support development of the Rook I uranium project in northwestern Saskatchewan.

 Pre-development works at Rook 1

Pre-development works at Rook 1

The funding is from Australia's Washington H Soul Pattinson and Canada's Queen's Road Capital Investment.   QRC has been a long-time supporter of NexGen, while WHSP is a new name on the register and...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.