NXG News: NexGen Announces Strategic Purchase of 2.7 Million Pounds of Uranium with Issuance of US$250 Million - 8th May 2024, 8:30pm

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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. NexGen Energy Ltd. logo (CNW Group/NexGen Energy Ltd.)

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