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NexGen Energy issues shares to satisfy debenture interest

December 11, 2025 at 10:05 AM UTCBy FilingReader AI

NexGen Energy (Canada) Ltd. announced on December 10, 2025, the issuance of 635,659 new common shares. These shares were distributed to holders of the company's 2023 and 2024 unsecured convertible debentures, in partial satisfaction of interest accrued up to December 10, 2025. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, as detailed in a cleansing notice under section 708A(5)(e).

The company confirmed its compliance with relevant regulatory obligations as of the cleansing notice date. This includes section 601CK of the Corporations Act, continuous disclosure obligations under Sec 408 of the TSX Company Manual, and ASX listing rule 1.15.2.

NexGen also stated there is no "excluded information" as defined by section 708A(7) of the Corporations Act. This means no information has been withheld that investors or their advisors would reasonably require for an informed assessment of NexGen's assets, liabilities, financial position, performance, prospects, and the rights and liabilities attached to the new shares. The announcement was approved by NexGen's board of directors.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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