The Offering was led by Cormark Securities Inc. and TD Securities Inc. on behalf of a syndicate of underwriters, which included Cantor Fitzgerald Canada Corporation, Raymond James Ltd., Haywood Securities Inc. and BMO Capital Markets (collectively, the "Underwriters").

In connection with the Offering, the Underwriters received a cash commission equal to 6.0% of the gross proceeds raised under the Offering (inclusive of the over-allotment option).

The net proceeds of the Offering will be used to advance the exploration and development of NexGen’s mineral properties in Saskatchewan, Canada and for working capital and other corporate purposes.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.