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NexGen Energy Issues New Shares to Debenture Holders

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NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs ( (AU:NXG) ) just unveiled an announcement.

NexGen Energy Ltd. has issued 635,659 new common shares to holders of its 2023 and 2024 Unsecured Convertible Debentures as partial satisfaction of accrued interest. This move, announced under section 708A(5)(e) of the Corporations Act, reflects NexGen’s compliance with relevant disclosure obligations and aims to manage its financial commitments effectively.

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$17.70 price target. To see the full list of analyst forecasts on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs stock, see the AU:NXG Stock Forecast page.

More about NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs

NexGen Energy Ltd. is a Canadian company based in British Columbia, operating in the energy sector. The company is focused on the development and production of energy resources, with a particular emphasis on uranium projects.

Average Trading Volume: 716,904

Technical Sentiment Signal: Buy

Current Market Cap: A$9.22B

For detailed information about NXG stock, go to TipRanks’ Stock Analysis page.

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