On March 11, 2021, NexGen Energy Ltd. completed a bought deal financing consisting of 33,400,000 common shares at a price of $4.50 per common share for gross proceeds of approximately $150 million. NexGen also granted the underwriters an over-allotment option to purchase up to an additional 5,010,000 Common Shares, which was exercised in full and closed on March 16, 2021 for additional gross proceeds of approximately $22.5 million, resulting in total gross proceeds from the offering of over $172.8 million.

The offering was completed through a syndicate of underwriters led by BMO Nesbitt Burns Inc. and Canaccord Genuity Corp., and including Eight Capital, Raymond James Ltd., TD Securities Inc., Cormark Securities Inc., Haywood Securities Inc., Sprott Capital Partners LP, and PI Financial Corp.

NexGen is a British Columbia corporation with a focus on the acquisition, exploration and development of Canadian uranium projects.

Farris represented NexGen with a transaction team led by Ron Murray and included Daniel Everall and Michael Rawluk.