On September 22, 2023, NexGen Energy Ltd. closed the transaction. The debentures have a maturity date of September 22, 2028. The company issued an aggregate of 634,615 common shares to investors as an establishment fee in connection with the offering, representing 3% of the aggregate principal amount of the Debentures.

Queen's Road Capital Investment Ltd. and Washington H. Soul Pattinson and Company Limited will hold approximately 2.3% and 1.7%, respectively, of the approximately 518,000,000 outstanding common shares on a non-diluted basis.