Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
This presentation is a summary description of NexGen Energy Ltd. (NexGen or the Company) and its business and does not purport to be complete. This presentation is not, and in no circumstances is to be
construed as a prospectus, advertisement or a public offering of securities. No securities regulatory authority or similar authority has reviewed or in any way passed upon the document or the merits of the Companys
securities and any representation to the contrary is an offence.
Except where otherwise indicated, the information contained in this presentation has been prepared by NexGen and there is no representation or warranty by NexGen or any other person as to the accuracy or
completeness of the information set forth herein. This presentation includes information on adjacent properties that was obtained from various publicly available sources referred to herein and the accuracy and
completeness of such information has not been verified by NexGen. Except as otherwise stated, information included in this presentation is given as of the date hereof. The delivery of this presentation shall not
imply that the information herein is correct as of any date after the date hereof.
Forward-Looking Information
The information contained herein contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the
meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or
anticipates will or may occur in the future, including, without limitation, the completion of the technical report in support of the PEA. 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 the then current expectations, beliefs, assumptions, estimates and forecasts about NexGens business and the industry and markets in which it operates.
Forward-looking information and statements are made based upon numerous assumptions, including among others, the results of planned exploration activities are as anticipated, the price of uranium, the cost of
planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to
conduct NexGens planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner.
Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, 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, the risk that pending assay results will not confirm previously announced preliminary results, imprecision of mineral resource
estimates, the appeal of alternate sources of energy and sustained low uranium prices, aboriginal title and consultation issues, exploration risks, reliance upon key management and other personnel, deficiencies in the
Companys title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licenses, changes in laws, regulations and policy, competition for resources
and financing, or other approvals, and other factors discussed or referred to in the Companys Annual Information Form dated March 31, 2017 under Risk Factors.
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 implied by forward-looking
information, there may be other factors that cause results not to be as anticipated, estimated or intended.
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 reliance 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.
3
34
Why Uranium?
Estimated supply
deficit of 40-
70Mlbs in 2023
Estimated 1 billion pounds of uncontracted demand over next decade with majority of long-
term contracts expiring in 2019/2020.
6
Return to Contracting
Return to normalized
contracting will mean
return to normalized
pricing.
High Sovereign Risk in Uranium Sector 7
Kazatomprom announced
meaningful production cuts of at
least 10%.
NexGen Overview
10
Overview: NexGen Projects
!
Gunnar !
! Lorado
Scale - 1:1 600 000 Projection - NAD 1983 UTM Zone 12N
Roughrider RADIO
McClean Lake
Midwest Lake
"
"[ ! Eagle Point
Cluff Lake Natona Bay [ ! ! Collins Bay
! !
NORTH THORBURN "
[ Rabbit Lake
"
[ Cigar Lake !
Shea Creek
THORBURN LAKE MADISON
2Z LAKE
Alberta
McArthur River
! CARLSON CK.
Spitfire
t
u
"["
[[
Centennial Millennium Phoenix 905
Patterson Lake
South
" "
[ "
[ "
[
Dufferin Lake "
[
BOW, ARROW "
[ Maverick
Legend
& HARPOON
DISCOVERIES ROOK I PROJECT
Key Lake
" Discovery / Mineral Deposit
[
! ! Active or Depleted Uranium Mine
t
u
955 NexGen Mineral Tenure
IsoEnergy Mineral Tenure
Other Mineral Tenure
0 25 50 Athabasca Basin Margin
Km
Cluff Lake Mine - 70 km to the northwest of Arrow, operated during the 90s by AREVA
11
Dominance in Southwest
Recovered Uranium
30.0 27.2 28.4 27.7 27.6 27.0 3.50%
24.9
20.0
12.8 12.3 2.00%
15.0 10.6
8.9 8.4 8.3 1.50%
10.0
1.00%
5.0 3.2
0.50%
- 0.00%
Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Yr 15
Source: Data published by World Nuclear Association (2016). Asset production shown on total basis as at the end of 2015.
NexGen production shown is based on projected average production over first 5 years.
14
Cash Flow Generation
Process Schedule
600 3.50%
500 3.00%
Conventional processing facility:
U3O8 Grade
2. Acid Leaching (8 hour leach cycle) 2.00%
3. Liquid-Solid Separation via Counter 300
Current Decantation (CCD) 1.50%
4. Solvent Extraction 200
5. Yellowcake Precipitation 1.00%
- 0.00%
Yr Yr Yr Yr Yr Yr Yr Yr Yr Yr Yr Yr Yr Yr Yr
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
C$ '000
800000 250000
C$ '000
200000
600000
150000
400000 100000
200000 50000
0
0
18
Conservative Build Up of Capital Costs
Pre-Production Capital Summary C$ '000 US$ '000
Underground Mining
UG Mobile Equipment 32,082 25,666
UG Fixed Equipment 55,355 44,284
Horizontal Development 41,186 32,949
Vertical Development 168,576 134,861
Capitalized Pre-Production Operating Costs 26,934 21,547
Indirect - Mining Equipment 22,245 17,796
Indirects - Mine Development 71,529 57,223
Contingency - Mine Equipment 27,420 21,936
Contingency - Mine Development 70,323 56,258
Total Pre-Production Mining Capital Costs 515,649 412,519
Processing
Process Plant 233,008 186,406
Process Infrastructure 10,880 8,704
Indirects - Processing 95,678 76,542
Contingency - Processing 90,678 72,542
Total Pre-Production Processing Capital Costs 430,244 344,195
Infrastructure
Pre-Production Infrastructure 143,099 114,480
Indirects - Infrastructure 51,516 41,213
Contingency - Infrastructure 48,654 38,923
Total Pre-Production Infrastructure 243,269 194,615
Due to
conventional
underground
mining methods,
unit operating
costs are well
understood and
established based
on first principles.
Conservative
underground
mining cost per
tonne.
Notes:
Unit operating costs are the sum of site-based mining, processing, and general and administration.
All of the comparable projects are underground mines with production rates ranging from nominally 1,000 tpd to 6,000 tpd.
The majority of data points are mines that are considered to be in remote areas.
Data is based on a variety of sources, including SNL Metals and Mining, and publicly available information. NexGen makes no representations as to the
reliability of this information.
20
Lowest Cost Conventional Mine
Despite
conservative per
unit cost
assumptions, due
to technical
setting and grade,
per pound cost is
estimated to be
the lowest of any
conventional
mine globally.
Highlights the
competitive
advantage
NexGen has with
simple technical
setting and high
grade profile.
Notes:
Arrow production and costs based on PEA results.
All other data based on 2016 modelled costs and production from SNL Metals and Mining. NexGen makes no representations as to the reliability of this
information.
SNL estimates costs and production for approximately 70% of uranium operations.
Costs include operational costs.
Costs exclude sustaining capital costs, taxes, profit-based royalties, depreciation, and corporate costs.
The cost curve does not consider secondary supplies of U3O8.
21
Arrow is One of the Highest Return Mining Projects Globally
U Cu Cu Cu Cu Cu Au Au Zn Ag Au Au Au Au Au Zn Au Au
106%
$6.1bn $4.7bn
$4,000 60%
57%
$3,000 45%
Project After-Tax NPV (US$mm)
- -
(2) (2) (3) (4) (5) (6)
Source: TD Securities Based on current after-tax project NPV and IRR, Arrow stands out as amongst the
most economically attractive assets at a development stage.
(1) Represent current technical reports
Timok acquired by Nevsun in 2016
(2) Technical reports for McArthur River and Cigar Lake based on current NI 43-101 reports dated November 2012 and March 2016,
Coffee acquired by Goldcorp in 2016
respectively. McArthur River and Cigar Lake shown on an attributable to Cameco basis. NPV and IRR shown on a pre-tax basis
Caspiche acquired by Goldcorp in 2017
(3) Wheeler River shown on a 60% ownership basis to Denison
Lamaque acquired by Eldorado in 2017
(4) Based on the reference case of the 2011 preliminary assessment for the Pebble Project. NPV and IRR shown on a pre-tax basis
(5) Based on the two-stage development of Kakula and Kamoa deposits Denotes recently acquired assets
(6) Caspiche Project shown on the basis of development option #2
22
Canadas Largest High Grade Uranium Deposits
Source: All information is sourced from issuers websites and has not been verified.
All amounts are net amounts owned by operator.
23
+100Mlb High Grade Deposits in Canada
Source: All information is sourced from issuers websites and has not been verified.
*Cigar Lake and McArthur River grades are reserve grades.
24
The Arrow Advantage
100 m
10 m
competent
Currently consists of 5
vertical parallel shears; A1,
A2, A3, A4 and A5 that
trend along strike
northeast-to-southwest.
Building on Inferred A3
High Grade Domain of
28.2Mlbs grading
8.74% U3O8 contained
within 150Kt.
Up-dip northeast
extension of A3
represents large
potential future
resource growth area.
Infilling of A3 continues
to confirm continuity
as well as expand area
of mineralization.
28
South Arrow Discovery
Large and robust
uraniferous alteration
system is present at
South Arrow.
Mineralization occurs
within at least three
stacked high strain or
sheared intervals, which is
a common characteristic
of the Arrow Deposit.
H2/2017 2018
Contact Information
Appendices
36
Capital Structure*
Shares Issued 338,341,464
Insider Ownership 5%
Name Experience
Leigh Curyer Chartered Accountant with +20 years experience and ex-CFO of Southern
CEO Cross Resources (now Uranium One)
Managed exploration, feasibility and permitting of Honeymoon Uranium
Project in South Australia
Ex-Head Corporate Development at Accord Nuclear Resources Management
assessing global uranium assets for First Reserve International
Garrett Ainsworth BSc, Professional geologist and former Project Manager for Alpha Minerals-
PGeo VP Exploration Fission 50/50 JV on Patterson Lake South project from 2007 to 2013
Staked claims, boulder prospecting and led drill programs that led to
discovery of R00E, R390E and R780E zones
Won AMEBC 2014 Colin Spence Award for discovery of Patterson Lake South
Grace Marosits Chartered Accountant with public practice and corporate experience
CFO including Deloitte, Westcoast Energy and Ballard Power
Joanna Cameron Lawyer with +20 years experience in exploration and mining
VP Legal Ex-partner Cassels Brock & Blackwell LLP
39
Board of Directors
Name Experience
Christopher McFadden Lawyer with +20 years experience in exploration and mining
(Chairman) Commercial General Manger for Rio Tinto
Trevor J. Thiele Chartered Accountant with +30 years experience in capital markets including
CFO of major Australian Agribusinesses (Elders and Viterra)
Charles Scorer +25 years commercial and operational experience in nuclear fuel market
(Uranium Marketing) Founder and ex-CEO of Nufcor International
Technical Report
The mineral resource estimate referred to herein was announced by the Company on March 6th, 2017, and has an effective date of December 20, 2016. For details of the Rook I Project including the quality assurance
program and quality control measures applied and key assumptions, parameters and methods used to estimate the mineral resource set forth herein please refer to the technical report entitled Technical Report on
the Rook 1 Property, Saskatchewan, Canada dated effective March 31, 2017 (the Rook 1 Technical Report). The Rook I Technical Report is available on NexGens issuer profile on SEDAR at www.sedar.com.
A new technical report in respect of the PEA, that will supersede the Rook 1 Technical Report, will be filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov/edgar.shtml) within 45 days of the news release
announcing the results of the PEA (by mid-September 2017).
SEC Standards
Estimates of mineralization and other technical information included or referenced in this presentation have been prepared in accordance with NI 43-101. The definitions of proven and probable mineral reserves
used in NI 43-101 differ from the definitions in SEC Industry Guide 7. Under SEC Industry Guide 7 standards, a final or bankable feasibility study is required to report reserves, the three-year historical average price
is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority. As a result, the reserves reported by the
Company in accordance with NI 43-101 may not qualify as reserves under SEC standards. In addition, the terms mineral resource, measured mineral resource, indicated mineral resource and inferred mineral
resource are defined in and required to be disclosed by NI 43-101; however, these terms are not defined terms under SEC Industry Guide 7 and normally are not permitted to be used in reports and registration
statements filed with the SEC. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Investors are cautioned not to assume that any part or all of the mineral deposits in these
categories will ever be converted into reserves. Inferred mineral resources have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be
assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities laws, estimates of inferred mineral resources may not form the basis of feasibility or
pre-feasibility studies, except in rare cases. Additionally, disclosure of contained ounces in a resource is permitted disclosure under Canadian securities laws; however, the SEC normally only permits issuers to report
mineralization that does not constitute reserves by SEC standards as in place tonnage and grade without reference to unit measurements. Accordingly, information contained or referenced in this presentation
containing descriptions of the Companys mineral deposits may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements of United States federal
securities laws and the rules and regulations thereunder.
Non-IFRS Measures
This presentation refers to cash costs, which measurement has no standardized meaning under IFRS and may not be comparable to similar measures presented by other companies. These measurements are intended
to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.