About NexGen VANCOUVER, BC, May 28, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has closed its previously announced purchase (the "Purchase") of 2,702,410 pounds natural uranium concentrate ("U3O8") for an aggregate purchase price of US$250 million, which was satisfied through the issuance of US$250 million aggregate principal amount of five year, 9.0% per annum (payable 2/3 cash and 1/3 common shares) unsecured converti ...

Core Insights - NexGen Energy Ltd. released its 2023 Sustainability Report, marking the fourth consecutive year of reporting on its Environmental, Social, and Governance (ESG) profile, adhering to Global Reporting Initiative (GRI) Standards [1][11] Group 1: Sustainability and Community Engagement - The CEO highlighted 2023 as a pivotal year for the company, emphasizing responsible resource development and clean energy transition, while achieving significant economic, environmental, and social outcomes for stakeholders [2] - NexGen signed a historic Impact Benefit Agreement with the Métis Nation – Saskatchewan, confirming full support from Indigenous communities for the Rook I Project [3] - The company initiated innovative trades training and certification programs, with 302 students participating in 2023, focusing on workforce development [5] - NexGen created mentorship opportunities for local youth, including a program with the Vancouver Canucks, recognizing 32 youth for their commitment to health and community stewardship [7] Group 2: Regulatory and Environmental Achievements - NexGen received Provincial Environmental Assessment approval for the Rook I Project, the first such approval for a greenfield uranium mine in Canada in over 20 years, facilitating the final stages of Federal Environmental Assessment [4] - The company undertook various environmental initiatives, including GHG inventory and biodiversity projects, contributing to global GHG emissions reduction by powering over 46 million homes annually and removing 70 million car-equivalents of CO2 from the road each year [10] Group 3: Economic Development - NexGen established a 100% Indigenous-owned gravel supply company in northwestern Saskatchewan, creating employment opportunities for up to 16 local individuals and generating significant economic value for the community [9] - The company promotes a diverse work environment, with 80% of site employees residing in local communities and 33% being female in 2023, alongside achieving 30% female representation on its Board of Directors [6]

VANCOUVER, BC, May 21, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that on May 21st, the Company is submitting to the Federal regulator – the Canadian Nuclear Safety Commission ("CNSC") – responses to the remaining 49 technical review comments received on February 12, 2024 as part of the Federal Environmental Assessment ("EA") review process for the Company's 100% owned Rook I Project (the "Project"). All four Local Priority Are ...

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Financial Data and Key Metrics Changes - The company reported cash and liquid assets of approximately $930 million, which is crucial for the construction of the Rook I project [3][10][42] - The market capitalization reached an all-time high of $12.14 per share, reflecting strong performance relative to peers [12] - The company has raised approximately $540 million with minimal discounts to market, showcasing strong financial health [157] Business Line Data and Key Metrics Changes - The company has successfully executed a $224 million placement to ASX investors, enhancing its cash position [10] - A significant purchase of 2.7 million pounds of uranium was made at $92.50 per pound, which is expected to strengthen contract negotiations with utilities [7][153] Market Data and Key Metrics Changes - The uranium spot price reached new 15-year highs at $107 per pound, indicating a tightening market due to geopolitical risks and supply challenges [138][141] - The recent ban on Russian uranium imports is expected to create upward pressure on uranium prices and alter supply dynamics significantly [141] Company Strategy and Development Direction - The company is focused on advancing the Rook I project into construction and production, with federal permitting in the final stages [14][145] - There is a strategic emphasis on securing long-term contracts with utilities for uranium supply, particularly for 2028 and beyond [152] - The company aims to leverage its position as a reliable supplier in a market characterized by fragility and declining inventories [5][141] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the nuclear energy sector's growth, driven by increasing global demand for clean energy sources [4][136] - The company is well-positioned to capitalize on the evolving uranium market, with a focus on operational excellence and community engagement [14][140] - Management highlighted the importance of securing financing and contracts ahead of federal approval to ensure project viability [53][110] Other Important Information - The company has a diverse workforce, with a gender ratio of 66% male and 34% female, exceeding the Canadian mining average [13] - The company has received full support from local indigenous communities, which is crucial for the project's success [146] Q&A Session Summary Question: Timeline for public hearing after EIS submission - Management indicated that after submitting the EIS, the CNSC has 90 days to review the remaining comments before establishing a commission hearing date [15][16][17] Question: Size and hiring of the technical team for Rook I - The current technical team consists of about 76 people, and management is confident in their ability to hire additional skilled labor quickly [20][24][25] Question: Strategy behind uranium purchases and contract negotiations - Management clarified that the recent uranium purchase aligns with their development stage and is intended to provide security of supply for utilities [27][28][30] Question: Impact of inflation on project costs - Management noted that inflation has increased estimated costs by approximately $320 million, primarily due to labor wages [39][40] Question: Future equity raises and capital requirements - Management stated that the current cash balance and debt expressions of interest are sufficient to fund the Rook I project through to production [81][82]

Core Viewpoint - NexGen Energy Ltd. has successfully closed an offering of 20,161,290 common shares at a price of C$11.11 per share to enhance liquidity and market capitalization of its CDIs listed on the ASX [1][2]. Group 1: Offering Details - The offering was settled in the form of CHESS Depository Interests (CDIs) and was managed by Aitken Mount Capital Partners [1]. - The net proceeds from the offering will be allocated for the continued development and exploration of the company's mineral properties, as well as for general corporate purposes [2]. Group 2: Company Overview - NexGen is focused on the development of the Rook I Project located in the southwestern Athabasca Basin, Saskatchewan, Canada [4].

VANCOUVER, BC, May 9, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Company will host its 2024 first quarter conference call on Tuesday, May 14, 2024, at 8:30 am Eastern Standard Time. During the call, NexGen's President and Chief Executive Officer, Leigh Curyer, Chief Commercial Officer, Travis McPherson, and Chief Financial Officer, Benjamin Salter will provide an update on the Company's 100% owned Rook I Project (the "Proje ...

VANCOUVER, BC, May 8, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE MKT: NXE) (ASX: NXG) is pleased to announce it has mailed a Notice of Meeting and Management Information Circular to shareholders of record as of May 1 2024 in connection with the Annual General Meeting of the Company to be held on  Monday, June 17, 2024, at 2:00 p.m. (Pacific Time) Your vote is important - please vote today. NexGen encourages shareholders to read the meeting materials, which have been ...

Financial Performance - The Company's audited consolidated financial statements for the financial year ended December 31, 2023, are available for shareholders and on the Company's website[96]. - The company's share price increased by 55% in 2023, outperforming the S&P/TSX Global Mining Index, S&P/TSX Composite Total Return Index, and the Global X Uranium ETF[242]. - NexGen's share price has increased 2,475% since its initial listing in April 2013, outperforming the S&P/TSX Global Mining Index and Global X Uranium ETF[258]. - For the five-year period ended December 31, 2023, NexGen's share price increased 285%, again outperforming key mining indices[260]. - NexGen's efficient use of capital is highlighted by its leading ratio of Exploration and Development spend relative to General and Administrative spend compared to its uranium peers[264]. Corporate Governance - The Board of Directors includes experienced professionals with extensive backgrounds in mining and corporate governance, enhancing the Company's leadership[106]. - The Company emphasizes strong corporate governance practices, including annual evaluations of Board members and operations[139]. - The Board has established a governance framework that includes 100% independent Audit, Compensation, and Nomination and Governance Committees[140]. - The Board consists of ten individuals, with eight (80%) being independent directors, ensuring a majority of independent oversight[167]. - The Board has a Diversity Policy that emphasizes equitable representation and aims to recruit candidates with diverse backgrounds and experiences[171]. - The Nomination and Governance Committee has implemented a formal process for assessing the effectiveness of the Board and its committees annually[220]. - The Board oversees succession planning, with the CEO responsible for identifying and developing internal CEO succession candidates[293]. Sustainability and Community Engagement - The Company has a strong focus on sustainability, with dedicated committees addressing environmental, social, and governance (ESG) issues[111]. - NexGen has established a strong partnership with local indigenous communities, signing the final impact benefit agreement in June 2023[252]. - The Company achieved 96% of its active field operation workforce from local communities within the Local Priority Area (LPA), predominantly Indigenous[179]. - NexGen exceeded its target with 82% of the Rook I site overall spend awarded to LPA-partnered or member-owned businesses, surpassing the aspirational target of 30%[180]. - The company is aligning with the Task Force on Climate-Related Financial Disclosures recommendations to enhance transparency regarding climate-related risks[202]. - Material sustainability topics include Environmental Stewardship, Health & Safety, and Regulatory Compliance, validated by executive officers[206]. - The company has embedded sustainability considerations in all business decisions since its inception in 2011, reflecting its commitment to long-term success[201]. Project Development - The Company is actively involved in the Rook I Project, which is advancing into Detailed Engineering, reflecting ongoing project development efforts[113]. - NexGen Energy Ltd. is focused on advancing the Rook I Project, with expected average annual production of approximately 29 million pounds over the first five years[252]. - The company received Provincial Environmental Assessment approval for the Rook I Project in November 2023, marking the first approval for a uranium project in Saskatchewan in 20 years[250]. - The company aims to obtain Federal Environmental Assessment approval and a license to construct, building on the recent provincial approval[253]. - The company plans a 30,000-meter exploration drill program in 2024 to test priority targets identified from the 2023 exploration campaign[255]. - NexGen's exploration program in 2023 included over 22,000 meters of drilling, enhancing the understanding of the geology in prospective targets[255]. Compensation and Risk Management - The Compensation Committee met formally two times in 2023 and consulted with Mercer regarding the review of NexGen's compensation program[122]. - 94% of CEO compensation and 86% of other executives' compensation is at risk, aligning with the pay-for-performance philosophy[246]. - The company is in the process of adopting a 2024 Long-Term Incentive Plan to align executive compensation with shareholder interests[239]. - The company has a Clawback Policy, an Anti-Hedging Policy, and an Insider Trading Policy in place to manage compensation risk[246]. - The Audit Committee is responsible for overseeing the Company's risk management program, including cybersecurity measures[152]. - NexGen has not experienced any known breaches or direct losses related to cyberattacks to date, highlighting the effectiveness of its cybersecurity initiatives[157]. Board Attendance and Meetings - The Board held 4 meetings in the financial year ended December 31, 2023, with perfect attendance by directors[227]. - The Audit Committee, chaired by Trevor Thiele, had 100% attendance in 2023, overseeing financial statements, internal controls, and risk management[187]. - The Compensation Committee, led by Richard Patricio, also achieved 100% attendance in 2023, focusing on executive compensation and succession management[192]. - The Nomination and Governance Committee, chaired by Richard Patricio, ensured 100% attendance in 2023, assessing the competencies of existing directors[196]. - The Sustainability Committee, chaired by Karri Howlett, maintained 100% attendance in 2023, focusing on environmental policies and corporate social responsibility[198].

VANCOUVER, BC, May 8, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has entered into a binding term sheet with MMCap International Inc. SPC ("MMCap") for the purchase (the "Purchase") of 2,702,410 pounds natural uranium concentrate ("U3O8") for an aggregate purchase price of US$250 million based on the five day average UxC spot price. In satisfaction of the purchase price for the U3O8, the Company has agreed to issue US$25 ...