NexGen Closes C$224 Million CDI Offering in Australia
NexGen Closes C$224 Million CDI Offering in Australia
Vancouver, BC, May 1 4, 2024 - NexGen Energy Ltd. ( “NexGen” or the “Company”) (TSX: NXE) (NYSE:
NXE) (ASX: NXG) is pleased to announce tha t the Company has closed its previously announced offering (the
“Offering”) of 20,161,290 common shares, settled in the form of CHESS Depository Interests (“CDIs”), at a price of
C$11.11 per share (based on the daily average exchange rate of A$1.00 = C$0.8963 published the Bank of Canada on
April 29, 2024), under an amended and restated placement agreement dated April 30, 2024 with a lead manager and
bookrunner in Australia, Aitken Mount Capital Partners.
The Offering was distributed to Australian investors to enhance the liquidity, trading volumes and market
capitalization of the Company’s CDIs listed on the ASX.
The net proceeds from the Offering will be used t o fund the continued development and further exploration of the
Company’s mineral properties, and for general corporate purposes.
CDIs and underlying Shares have not been registered under the U.S. Securities Act of 1933, and may not be offered
or sold in the United States absent registration thereunder or an applicable exemption from the registration
requirements thereof.
About NexGen
NexGen is a British Columbia corporation focus ed on the development of the Rook I Project located in the
southwestern Athabasca Basin, Saskatchewan, Canada, into production.
Contact Information
Leigh Curyer
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
Travis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
Monica Kras
Vice President, Corporate Development
NexGen Energy Ltd.
+44 7307 191933
No securities regulatory authority has either approved or disapproved of the contents of this press release.
This press release is for information purposes only and does not constitute an offer to sell or the solicitation of
an offer to buy the Shares, or CDIs, nor shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Forward-Looking Information
The information contained herein contains “forward-looking statements” within the meaning of applicable United
States securities laws and regulations and “forward-looking information” within the meaning of applicable Canadian
securities legislation. “Forward-looking information” includes, but is not limited to, the volume, liquidity and market
capitalization of the CDIs. Generally, but not always, forward -looking information and statements can be identified
by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases
or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be
achieved” or the negative connotation thereof.
Forward-looking information and statements are based on NexGen’s current expectations, beliefs, assumptions,
estimates and forecasts about its business and the industry and markets in which it operates. Forward -looking
information and statements are made b ased upon numerous assumptions, including, among others; the price of
uranium; the cost of planned exploration and development activities; that, as plans continue to be refined for the
development of the Rook I Project, there will be no changes in costs, e ngineering details or specifications that would
materially adversely affect its viability; that financing will be available if and when needed and on reasonable terms;
that third -party contractors, equipment, supplies and governmental and other approvals r equired to conduct
NexGen’s planned exploration and development activities will be available on reasonable terms and in a timely
manner; that there will be no revocation of government approvals; that general business, economic, competitive,
social and poli tical conditions will not change in a material adverse manner; the assumptions underlying the
Company’s mineral reserve and resource estimates; assumptions made in the interpretation of drill results and other
geological information; the ability to achieve production on the Rook I Project; other estimates, assumptions and
forecasts disclosed in the Feasibility Study for the Rook I Project. Although the assumptions made by the Company in
providing forward -looking information or making forward -looking statements were considered reasonable by
management at the time they were made, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other
factors, which may cause actual results, performances and achievements of NexGen to differ materially from any
projections of results, performances and achievements of NexGen expressed or implied by such forward -looking
information or statements, including, among others, negative operating cash flow and dependence on third party
financing; uncertainty of the availability of additional financing; price of uranium; the appeal of alternate sources of
energy; exploration and development risks; uninsurable risks; reliance upon key management and other personnel;
imprecision of mineral resource estimates; potential cost overruns on any development; pending assay results;
changes in climate or increases in environmental regulation; aboriginal title and consultation issues; deficie ncies in
the Company’s title to its properties; information security and cyber threats; failure to manage conflicts of interest;
failure to obtain or maintain required permits and licenses; changes in laws, regulations and policy; changes in
government policy; competition for r esources and financing; volatility in market price of the Common Shares;
potentially dilutive future financings; financial and uranium market reactions, as well as effects on individuals on
which NexGen relies, as a result of global pandemics (including CO VID-19); speculative nature of exploration and
development projects; liquidity of securities of NexGen; dilution risks to existing securityholders; risks associated
with the sale of securities of NexGen; inability to exploit, expand and replace mineral reserves and mineral resources,
as well as those factors or other risks as more fully described in NexGen’s Annual Information Form dated March 6,
2024 filed with the securities commissions of all of the provinces and territories of Canada and in NexGen’s 40-F filed
with the United States Securities and Exchange Commission, which are available on SEDAR +
at www.sedarplus.ca and Edgar at www.sec.gov.
Although the Company has attempted to identify important factors that could cause actual results to differ materially
from those contained in the forward-looking information or statements or implied by forward-looking information or
statements, there may be other factors that cause results not to be as anticipated, estimated or in tended. Readers are
cautioned not to place undue reliance on forward -looking information or statements due to the inherent uncertainty
thereof.
There can be no assurance that forward -looking information and statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers
should not place undue reli ance on forward -looking statements or information. The Company undertakes no
obligation to update or reissue forward -looking information as a result of new information or events except as
required by applicable securities laws.