Each one in plain English, with the numbers worked through for a shareholder.
3 Oct 2025capital raising announcement▲ GoodMajor
The Australian part of the raise was upsized to 45,801,527 shares at A$13.10 for about A$600M (from A$400M), and the bookbuild has closed. With the C$400M North American bought deal at C$12.08, it lifts the total raise; closing expected about 15 October.
What it means for a shareholder
45.8m new shares at A$13.10 to raise about A$600m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Amended draft North American prospectus confirms 33,112,583 shares at C$12.08 for C$400,000,002.64, and the upsized Australian offering of C$553.0M. It adds Stifel, JP Morgan, BMO, National Bank, RBC and Canaccord to the Merrill Lynch syndicate. Still preliminary.
What it means for a shareholder
33.1m new shares at C$12.08 to raise about C$400m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Preliminary short form prospectus for the Australian part of the October raise, with amounts and price still blank. It is a draft covering CDIs issued alongside the North American bought deal; no new terms beyond the same-day announcement.
CFO Benjamin Salter and CEO Leigh Curyer each sign a standard certificate that NexGen meets the Canadian criteria to file a short form prospectus for the October raise. Administrative only, no new figures.
2 Oct 2025capital raising announcement● NeutralMajor
NexGen launched a two-part equity raise at C$12.08 a share: a C$400M bought deal (33,112,583 shares) in North America and a fully underwritten A$400M offer (30,534,351 shares) in Australia. Proceeds fund Rook I engineering, pre-production capital and general purposes. Closing expected about 15 October.
Draft North American prospectus for the October raise, filed 1 October with share numbers, price and proceeds still blank. It covers the bought deal alongside the Australian CDI offering; terms were set in the same-day announcement. Superseded by the amended version.
NexGen awarded eight scholarships for 2025-26 to students from local communities near Rook I, doubling the number and bringing the total to 38 since 2017. Community goodwill item; says construction starts immediately on final federal approval.
Monthly statement of CDIs on issue for August 2025: ASX CDIs fell to 114,722,455 from 117,189,055 through transfers to common shares. Administrative only.
June 2025 half-year accounts: cash fell to C$371.6M from C$476.6M at December 2024. Six-month net loss was C$86.7M, including the C$81.0M IsoEnergy impairment booked in Q1. Q2 alone showed net income of C$13.2M. No new capital raised in the half.
NexGen signed a second offtake deal with another major US utility: 1M lbs a year for five years from first commercial production, at market-related pricing. It doubles contracted volumes to over 10M lbs, following the December 2024 first sales; 229.6M lbs of reserves remain uncontracted.
Management's discussion for Q2 2025 accompanies the financial statements filed the same day; only the contents page and introduction are readable, so no operating or financial detail can be added.
CEO Leigh Curyer certifies the Q2 2025 interim filings are accurate and that disclosure and internal controls were designed, dated 5 August 2025. Standard certification, no new figures.
Monthly statement of CDIs on issue for July 2025: ASX CDIs rose to 117,189,055 from 114,485,176 through transfers from common shares. Administrative only.
NexGen will hold its Q2 2025 conference call on 7 August, after filing accounts on 5 August. Topics include the 2025 site infrastructure program, market conditions, Commission hearing preparation and PCE exploration. Notice only, no new results.
Final 2024 assays at Patterson Corridor East are now all in, plus new hole RK-25-227 at 12.0m at 3.46% U3O8, including 2.5m at 14.9%. It sits 100m from RK-25-232 and RK-24-222, supporting continuity of the high-grade zone.
25 July 2025asset acquisition disposition▲ GoodMajor
NexGen bought out Rio Tinto's 10% production carried interest over 39 claims, including those hosting Patterson Corridor East, by exercising its right of first refusal. It now owns its whole portfolio 100%. The cash price is confidential.
Monthly statement of CDIs on issue for June 2025: ASX CDIs rose to 114,485,176 from 112,412,236 through transfers from common shares. Administrative only.
Sharon Birkett joined the board and will chair the audit committee, replacing Trevor Thiele after 12 years. Susannah Pierce did not stand, so the board is nine rather than the ten proposed. Chair McFadden remains.
AGM results for 17 June 2025: nine directors elected, KPMG reappointed, and the option plan cap cut from 20% to 10% passed with 69.97% support. Richard Patricio received only 57.17% of votes for.
NexGen released its 2024 Sustainability Report, recapping the November 2024 federal technical review and the Commission hearing due to finish February 2026. It cites a C$37B forecast economic impact over development and an 11-year production period. No new operating results.
Saskatchewan approved NexGen's 2025 Rook I site program: a temporary airstrip, 373 more camp beds and 13km access road upgrades, finishing Q1 2026. It supports Patterson Corridor East exploration; the final federal approval is still pending.
Monthly statement of CDIs on issue for May 2025: ASX CDIs rose to 112,412,236 from 106,099,232 through transfers from common shares. Administrative only.
Patterson Corridor East hole RK-25-232 assayed 15.0m at 15.9% U3O8, including 0.5m at 68.8%, the company's best discovery-phase result. It follows the March reading of >61,000 cps. 64 holes drilled, 35 mineralised; 75% of 2024 assays received; drilling resumes 1 June.
CEO Leigh Curyer certifies the Q1 2025 interim filings are accurate and that disclosure and internal controls were designed, dated 12 May 2025. Standard certification, no new figures.
Management's discussion for Q1 2025 accompanies the financial statements; only the contents page and introduction are readable, so no operating or financial detail can be added beyond the accounts filed the same day.
Q1 2025 unaudited accounts: cash fell to C$434.6M from C$476.6M at December 2024, with a C$50.9M net loss. The loss includes a C$81.0M impairment on the IsoEnergy investment, offset by a C$70.9M gain on debenture valuation. No new capital raised.
Notice of a Q1 2025 conference call on 20 May 2025 covering Rook I milestones, utility contracting, the Commission Hearing and Patterson Corridor East. Q1 financials to be filed 13 May. Notice only, no new results.
NexGen mailed the AGM circular for 17 June 2025. It proposes ten directors including new nominee Sharon Birkett, KPMG's reappointment, and lowering the option plan cap from 20% to 10% of shares.
