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NexGen Announces Strategic Purchase of 2.7 Million Pounds of Uranium with Issuance of US$250 Million Convertible Debenture

VANCOUVER, BC, May 8, 2024 (CNW Group via COMTEX) --

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.

SOURCE NexGen Energy Ltd.

SOURCE: NexGen Energy Ltd.

Leigh Curyer, Chief Executive Officer, NexGen Energy Ltd., +1 604 428 4112,
lcuryer@nxe-energy.ca, www.nexgenenergy.ca
comtex tracking

COMTEX_452056981/2197/2024-05-08T06:30:00

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