12 Aug 2021other● Neutral
CFO Harpreet Dhaliwal's standard certification of the June 2021 interim filings. Administrative; no new information.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 Aug 2021half year report● Neutral
June 2021 half-year accounts: cash C$234.2 million versus C$74.0 million at December 2020, and a six-month net loss of C$87.9 million, driven largely by a C$64.9 million mark-to-market loss on convertible debentures. Debentures fell to C$61.8 million from C$226.9 million.
12 Aug 2021other● Neutral
CEO Leigh Curyer's standard certification of the June 2021 interim filings. Administrative; no new information.
5 Aug 2021other● Neutral
Monthly statement of CDIs on issue for July 2021: 3,159,334 CDIs quoted on ASX, up 400,000 from the prior month, mainly from transfers from common shares. Administrative.
27 July 2021drilling scheduled▲ Good
NexGen began 2021 site studies and regional exploration drilling at Rook I, targeting areas within 10 km of Arrow, including Arrow 2.0 (over 300 m deeper), Camp East and Derkson Corridor. First exploration drilling since focus was on developing Arrow.
15 July 2021regulatory community update▲ GoodMajor
NexGen signed benefit agreements with Buffalo River and Birch Narrows Dene Nations covering the 100%-owned Rook I Project, hosting the Arrow deposit. A Saskatchewan court also dismissed the Métis Nation-Saskatchewan injunction bid against the environmental assessment submission, clearing a hurdle.
30 June 2021other▲ GoodMajor
NexGen, a Canadian uranium developer already listed on Toronto and NYSE American, was admitted to the ASX as a foreign exempt listing. It raised A$2.24 million by issuing 400,000 CDIs at A$5.60; quotation began 2 July 2021.
30 June 2021other● Neutral
Company articles (rules of governance) dated 2015, lodged as a listing document. Administrative; no new information for shareholders.
30 June 2021capital raising announcement● Neutral
Prospectus for the offer of 400,000 CDIs at A$5.60 to raise A$2.24 million before costs, supporting the ASX listing. It describes the company and its risks, and calls the CDIs highly speculative.
What it means for a shareholder
400,000 new shares at A$5.60 to raise about A$2.2m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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30 June 2021other● Neutral
Listing application forms for the ASX admission, giving corporate details and directors, including Chairman Christopher McFadden and CEO Leigh Curyer. Administrative paperwork supporting the listing; no new results or figures.