NexGen Energy Ltd. (CVE:NXE) has agreed to sell $60 million in convertible bonds to CEF Holdings Ltd.
Hong Kong’s richest man Li Ka-shing is making a bet that uranium prices, down more than 60 percent from a 2011 record, are set for a comeback.
NexGen Energy Ltd. (CVE:NXE) has agreed to sell $60 million in convertible bonds to CEF Holdings Ltd. and affiliated shareholders to raise money to help develop uranium projects in Saskatchewan, the company said Wednesday in a statement. CEF Holdings is 50 percent-owned by Li’s CK Hutchinson Holdings Ltd.
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