After reaching an important support level, NexGen Energy (NXE) could be a good stock pick from a technical perspective. NXE surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend. A useful tool for traders and analysts, the 200-day simple moving average helps determine long-term market trends for stocks, commodities, indexes, and other financial instruments. It moves higher or lower in conjunction with longer-term price performance, and serves as a support or resistance lev ...

NexGen Energy (NXE) closed the last trading session at $5.98, gaining 3.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $9.66 indicates a 61.5% upside potential. The mean estimate comprises 11 short-term price targets with a standard deviation of $2.15. While the lowest estimate of $7.40 indicates a 23.8% increase from the current price level, the most optimistic analyst expects ...

Exhibit 99.1 Condensed Interim Consolidated Financial Statements June 30, 2024 and 2023 (expressed in thousands of Canadian dollars) - Unaudited | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------|-------|---------------|-------|--------------------------------------------|-------|----------------------------------------| | (expressed in thousands of Canadian Dollars) - Unaudited \nAssets | | June 30, 2024 | | December 31, 2023 \nRes ...

VANCOUVER, BC, Aug. 2, 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 second quarter conference call on Thursday, August 8, 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 " ...

Revised Capital Cost C$2.2 Billion /USD$1.58 Billion (C$/US$ 0.72) Average Annual After-Tax Net Cash Flow (Years 1-5) of C$1.93 Billion (at US$95/lb U3O8) Consistent Mine Life and Production Capability up to 30 Million Pounds U3O8 Annually Elite Environmental Plan Incorporates Reclamation during Operations resulting in minimal C$70 Million Closure Cost. Feasibility Study (2020 Dollars) Updated/Revised Estimate (2023 Dollars) VANCOUVER, BC, Aug. 1, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Com ...

Core Points - The Canadian Nuclear Safety Commission (CNSC) has begun the technical review of NexGen Energy's Rook I Project, with a 60-day review period to finalize the Environmental Impact Statement (EIS) [1][8] - NexGen Energy has received both Federal license application acceptance and Provincial Environmental Assessment (EA) approval, allowing for immediate commencement of major construction upon final approvals [2][9] - The Rook I Project aims to be the largest low-cost uranium mine globally, aligning with Canada's critical minerals strategy and clean energy goals [2][11] Company Overview - NexGen Energy is focused on delivering clean energy fuel, with its flagship Rook I Project supported by a NI 43-101 compliant Feasibility Study highlighting its environmental performance and economic viability [2][12] - The company is led by experienced professionals in the uranium and mining industry, covering all aspects of the mining life cycle [2][11] - NexGen is headquartered in Vancouver, British Columbia, and operates primarily in Saskatchewan, Canada [11] Project Details - The Rook I Project is positioned to provide long-term economic, environmental, and social benefits for Saskatchewan and beyond [2][9] - Detailed engineering and procurement activities are ongoing, along with local training programs for future staffing needs [2][9] - The project is expected to contribute significantly to global efforts in providing diversified, reliable, and carbon-free energy solutions [2][9]

Ms. Pierce has more than 20 years of experience in bringing business, governments, communities, indigenous groups, and other non-governmental actors together to support the development of major capital projects to maximize investment returns. In her current role as president and Country Chair, Shell Canada, she is responsible for driving integration and coordination of business activity and corporate policy across Shell's businesses in Canada. She previously served as Director of Corporate Affairs at LNG Ca ...

Shareholders also voted on the following matters at the Meeting: About NexGen Forward-Looking Information applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion ...

Core Insights - NexGen Energy is advancing its exploration efforts at the Rook I Project, focusing on high-grade uranium discoveries and expanding its drilling program significantly [1][2][3][4][5][6]. Exploration and Drilling - The summer drilling program has been expanded to utilize four drill rigs, targeting a total of 22,000 meters at the PCE system, which is nearly three times the winter program [5][6]. - Recent assays from drill hole RK-24-183 confirmed high-grade uranium veins over a 20-meter interval, with intersections totaling 13.5 meters at 0.78% U3O8, including notable sections of 0.5 meters at 10% U3O8 and 6.23% U3O8 [1][9]. - Drill results from RK-24-193 showed elevated radioactivity over 67.5 meters, indicating strong mineralization similar to early discovery holes at Arrow [3][9]. Geological Insights - Geological assessments suggest a high prospectivity for an additional mineralized system located 3.5 kilometers east of Arrow, which will be a focus of the summer exploration program [2]. - Drill results from RK-24-180, RK-24-192, and RK-24-194 indicate a potential supplementary uranium-bearing trend, effectively doubling the size of the system to be tested this summer, with an approximate extent of 1.5 kilometers long by 1.2 kilometers wide [4][5]. Company Overview - NexGen Energy is focused on developing the Rook I Project into the largest low-cost uranium mine globally, emphasizing elite environmental and social governance standards [10]. - The company is listed on multiple stock exchanges, providing global investors access to its mission of addressing challenges in decarbonization, energy security, and access to power [11].

Core Viewpoint - NexGen Energy Ltd. has successfully completed the purchase of 2,702,410 pounds of natural uranium concentrate for a total of US$250 million, financed through the issuance of unsecured convertible debentures [1][2]. Group 1: Transaction Details - The purchase price of US$250 million was satisfied through the issuance of US$250 million aggregate principal amount of five-year, 9.0% per annum unsecured convertible debentures, with payment structured as two-thirds cash and one-third common shares [1]. - The transaction is part of NexGen's strategy to optimize offtake negotiations and maximize the value of its uranium inventory in light of recent regulatory changes regarding Russian uranium imports [2]. Group 2: Project Development - The Rook I Project is being developed to become the largest low-cost producing uranium mine globally, adhering to high standards in environmental and social governance [3]. - The project is supported by a NI 43-101 compliant Feasibility Study, which highlights its elite environmental performance and industry-leading economics [3]. - The company is advancing through final detailed designs and procurement activities, with responses to the final aspects of the technical review process submitted to the Canadian Nuclear Safety Commission [2]. Group 3: Company Overview - NexGen Energy is focused on delivering clean energy fuel for the future and is headquartered in Vancouver, British Columbia, with operations in Saskatchewan [4]. - The company aims to address global challenges in decarbonization, energy security, and access to power, providing opportunities for global investors [4].