CA Market News
2週前
NexGen Files Management Information Circular in Connection with Annual General and Special Meeting of ShareholdersMay 21, 2026 4:56 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") is pleased to announce it has mailed a Notice of Meeting and Management Information Circular to Shareholders of record as of Monday, May 11, 2026 in connection with the Annual General and Special Meeting of the Company to be held on Tuesday, June 30, 2026, at 2:00 p.m. (Pacific Time).Your Vote is Important - Please Vote Today.Shareholders are encouraged to read the meeting materials including the Management Information Circular that provides a detailed analysis of important considerations for voting at the meeting. These materials have been filed on SEDAR+ (www.sedarplus.ca) and can be found on our website under NexGen Investor Centre - Reports and Filings: https://www.nexgenenergy.ca/investor-center/Shareholders will be asked to vote on the following matters:Elect directors for the ensuing year; Appoint PricewaterhouseCoopers (PWC) as independent auditor of the Company for the 2026 financial year and to authorize the directors to fix their remunerations;Approve the continuation, amendment, and restatement of the Company's Shareholder Right's plan; and Set the number of directors at nine;The Board of Directors of NexGen recommends that Shareholders vote in favour of all proposed items.Meeting Access and Location: Webcast URL: https://app.webinar.net/ZvNRDmB6bPkConference Call Dial-In: To join the conference call by phone, please use the following URL to easily register yourself and be connected into the conference call automatically or dial direct. https://emportal.ink/4tymBoT Conference ID: 75646 North American Toll Free: 1-888-699-1199 Australia: 61-280-171-385 Location:NexGen Energy Ltd. Corporate Office Suite 3150, 1021 West Hastings St. Vancouver, BC CanadaParticipants of the webcast and conference call will be able to participate in the Q&A session following the formal business of the Meeting and presentation.How to Vote
Non-Registered Shareholders
Shares held with a broker, bank or other intermediary
(16-digit control number)Registered Shareholders
Shares held in own name and represented by a physical certificate or DRS Statement
(15-digit control number)CDI Holders
Shares held by way of CDIs through CHESS Depository Nominees Pty Limited www.proxyvote.comwww.investorvote.comwww.investorvote.com.auCall or fax to the number(s) listed on your voting instruction form
Canada 1-800-474-7493 (English) Or 1-800-474-7501 (French)
USA: 1-800-454-8683Phone: 1-866-732-8683Fax to the number(s) listed on your CDI voting instruction formReturn the voting instruction form in the enclosed postage paid envelopeReturn the form of proxy in the enclosed postage paid envelopeReturn the CDI voting instruction form to the address listed in your CDI voting instruction form Please submit your vote well in advance of the proxy deposit deadline of
2:00p.m. (Pacific Time) on Friday June 26, 2026. Shareholder Information and QuestionsNexGen shareholders who have questions about the Management Information Circular, or require assistance with voting their shares can contact the Company's proxy solicitation agent:Kingsdale Advisors
North America Toll Free: 1-888-518-1563
Call and Text Enabled Outside North America: 1-437-561-5005
Toll Free In Australia: 1-800-755-963
Email: contactus@kingsdaleadvisors.comAbout NexGen NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future.? The Company's flagship Rook I Project?is being optimally developed into the largest low cost producing uranium mine globally, incorporating the most elite standards in environmental and social governance.??The Rook I Project is?supported by a NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry leading economics.?NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and?construction, operations and closure.? NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally.? The Project and prospective portfolio in northern Saskatchewan will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world.NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE" and on the Australian Securities Exchange under the ticker symbol "NXG" providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power.? The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan. 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, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. 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.?Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future. Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply 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 NexGen's 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 in the future.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, the existence of 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, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 3, 2026 filed with the securities commissions of all of the provinces of Canada except Quebec 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 intended. 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 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298355 Original: NexGen Files Management Information Circular in Connection with Annual General and Special Meeting of Shareholders
CA Market News
2週前
NexGen Announces the Appointment of Ryan Podrasky as Chief Financial OfficerMay 20, 2026 6:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") is pleased to announce the appointment of Ryan Podrasky as Chief Financial Officer ("CFO"), effective May 25, 2026. Mr. Podrasky succeeds Benjamin ("Ben") Salter, who is stepping down as CFO. Mr. Salter will continue to support the Company in an advisory capacity to ensure a seamless transition.Ryan Podrasky is a CPA-designated finance executive with more than 25 years of leadership across global mining and oil and gas companies. He most recently served as Chief Financial Officer of Elk Valley Resources - formerly the coal business of Teck Resources and now majority-owned by Glencore - where he led the finance function for a $10B+ revenue business that is the largest steelmaking coal producer in Canada and the second-largest seaborne supplier globally. In that capacity he had oversight of approximately $5B in annual operating and capital expenditures across a complex, multi-site, fully integrated mine-to-port value chain employing 5,700+ people and led a comprehensive and strategic finance organization. Ryan has served for over five years as Board Director of Neptune Bulk Terminals (Canada) Ltd., where he chaired the Audit, Finance, and Insurance Committees. Prior to being appointed full-time CFO, Ryan served as Acting CFO during the separation of Teck's coal business into a standalone entity, where he helped lead one of Canada's most complex large-scale corporate carve-outs. He worked closely with the corporate teams in Vancouver establishing the standalone capital structure, treasury framework, financial systems, and governance model for a multi-billion-dollar mining organization. Before joining Teck, Ryan spent over a decade at Nexen Inc. in Calgary, progressing from Joint Venture Auditor through to Corporate Development, where he supported enterprise strategy, capital projects, and joint venture partnerships across large-scale oil sands and international operations. He also held a commercial leadership role at Talisman Energy, where he led a cross-functional team supporting planning, performance management, and strategic decision-making across North American operations. Leigh Curyer, Founder & Chief Executive Officer, commented: "It's with great pleasure that we announce Ryan has been appointed Chief Financial Officer of NexGen effective May 25, 2026. Ryan joins NexGen with significant experience on successful large-scale resource projects covering the financing, reporting, budgetary management and commercial functions during the construction and operating phases. I would like to take the opportunity to acknowledge and thank Ben for his commitment, dedication and positive influence in his role as Chief Financial Officer of NexGen for the past 3 years.
He has overseen the finance function with distinction and has been an absolute pleasure to work alongside in the senior executive team. His contribution to NexGen is and will always be highly regarded.The Board and Executive wish Ben all the very best in his future as he takes some well-deserved time off to spend with his family and pursue personal interests."About NexGenNexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low cost producing uranium mine globally, incorporating the most elite standards in environmental and social governance. The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE" and on the Australian Securities Exchange under the ticker symbol "NXG" providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.Contact InformationLeigh Curyer
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
lcuryer@nxe-energy.ca
www.nexgenenergy.caTravis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
tmcpherson@nxe-energy.ca
www.nexgenenergy.caMonica Kras
Vice President, Corporate Development
NexGen Energy Ltd.
+44 7307 191933
mkras@nxe-energy.ca
www.nexgenenergy.caForward-Looking InformationThe 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, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. 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. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property, the results of planned exploration activities are as anticipated, the price and market supply 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 NexGen's 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 materially 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 in the future.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, the existence of 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, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 3, 2026 filed with the securities commissions of all of the provinces 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 intended. 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 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298160 Original: NexGen Announces the Appointment of Ryan Podrasky as Chief Financial Officer
US Market News
4週前
NexGen's Final Batch of 2025 Assays Return Multiple High-Grade InterceptsMay 7, 2026 6:30 AM
NewsfileConfirming Both Expansion and Continuity of Primary High-Grade Subdomain and Confirmation of New High-Grade Subdomain at DepthHighlights:RK-25-239 returns 13.0 m at 5.2% U3O8, including 0.5 m at 30.2% U3O8 confirming expansion of the growing high-grade subdomain 33 m up dip of RK-25-232 (15.0 m at 15.9% U3O8)RK-25-240 returns 10.0 m at 3.95% U3O8, including 0.5 m at 33.3% U3O8 in the down dip portion of the high-grade subdomain 266 m below RK-25-232 Assays from RK-25-230 (7.5 m at 5.3% U3O8 including 0.5 m at 35.9% U3O8), RK-25-233 (6.0 m at 2.4% U3O8 including 0.5 m at 23.4% U3O8), RK-25-236 (5.5 m at 2.3% U3O8 including 0.5 m at 13.3% U3O8) confirm continuity of high-grade subdomain; 47 m, 151 m, and 40 m respectively from RK-25-232 Confirmed the new high-grade subdomain, at 850 m below surface with RK-25-257 returning 4.5 m at 4.8% U3O8 including 0.5 m at 33.3% U3O8 located 67 m up dip of RK-24-202 (0.5 m at 6.9% U3O8). Confirms significant growth potential.Vancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") announces the final receipt of 2025 assay results that highlight the expansion and continuity of the high-grade subdomain at the Company's 100% owned Patterson Corridor East (PCE) discovery located 3.5 km from the Arrow Deposit. The expansion of the high-grade subdomain is especially confirmed by RK-25-239 which returned 13.0 m at 5.2% U3O8, including 0.5 m at 30.2% U3O8, at 400 m below surface and RK-25-240 which returned 10.0 m at 3.95% U3O8, including 0.5 m at 33.3% U3O8, at 670 m below surface. Both of these holes share strong similarities with respect to their overall geological characteristics which span across 292 m of mineralized dip extent. (Figures 1-3, Table 1). Results from RK-25-240 emphasize the potential extension of mineralization at depth where the system is open. Together with these results, the grades from RK-25-230 (Figure 4), RK-25-233, RK-25-236 have confirmed a strong core zone within the high-grade subdomain which remains open in most directions.Within the overall mineralized footprint, a new secondary high-grade subdomain is now confirmed by RK-25-257 (Figures 1 and 5). This hole has several intercepts with the best being 4.5 m at 4.8% U3O8 including 0.5 m at 33.3% U3O8 located 67 m up dip of RK-24-202 (0.5 m at 6.9% U3O8). This new subdomain has high prospectivity for continued growth and is open in most directions. Exploration drilling in 2026 has already driven further growth at PCE with the majority of the campaign (29,241.8 m of the planned 42,000 m) scheduled to recommence the week of May 25, 2026 (see news release April 22, 2026). All samples from 2026 drilling to date are submitted to the independent Saskatchewan Research Council Geoanalytical Laboratory (SRC), with results to follow.Leigh Curyer, Founder & Chief Executive Officer, commented: "These assay results from 2025 drilling confirm high-grade mineralization and the expanding scale of PCE. The combination of high-grades, continuity, scale and geotechnical characteristics continue to highlight the similarities between PCE and the mighty Arrow Deposit. The opening up of a new high-grade subdomain emphasizes significant growth potential remains at PCE. With the structural supply deficit in the market widening, and the impacts of the industry wide underinvestment in the uranium supply chain for a generation, the urgency of finding and bringing online new, reliable uranium supply has never been greater. As the Rook I Project enters into major construction this summer, we continue to advance PCE to ensure that NexGen optimizes its unparalleled opportunity to become one of the world's most important mining company in delivering energy fuel for the current and future generations."Figure 1: Interpreted PCE long section (as of April 22, 2026 release) with notable assays collected since discovery and new results outlined in red; view is a long section that looks perpendicular to the primary mineralized plane; total mineralized footprint in orange and the high-grade subdomains in redTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/296430_b77e710374b1785f_002full.jpgFigure 2: Core photo of assays from RK-25-239 with grades shown as % U3O8To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/296430_b77e710374b1785f_003full.jpgFigure 3: Core photo of assays from RK-25-240 with grades shown as % U3O8To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/296430_b77e710374b1785f_004full.jpgFigure 4: Core photo of assays from RK-25-230 with grades shown as % U3O8To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/296430_b77e710374b1785f_005full.jpgFigure 5: Core photo of assays from RK-25-257 highlighting the new subdomain with grades shown as % U3O8To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/296430_b77e710374b1785f_006full.jpgTable 1: Assays received since December 1, 2025 news releaseDrillhole Unconformity Depth (m) SRC Geoanalytical Results (Cutoff 0.01%) Hole ID Azimuth Dip Total Depth (m) From (m) To (m) Width (m) U3O8 (wt%) RK-25-210c1310-70894.0-794794.50.50.01
801.5803.521.00
incl.801.5802.511.92
80480730.04
81181210.09
812.58141.50.15
814.58150.50.03
817.58180.50.07
819.5820.510.13
82182210.48
824.58250.50.08RK-25-210c2310-70909.0-811.5813.520.14
81481510.13
816.5817.510.06
818818.50.50.01
819819.50.50.03
821.58253.50.61
incl.822822.50.52.97
84184210.05
852.58530.50.03
868.58690.50.03
887.5888.510.01RK-25-229350-70681.4113.2570.55721.50.04
57357410.02
574.55750.50.01
576.55792.50.04
582582.50.50.02
604604.50.50.03
606.56081.50.57
incl.606.56070.51.62
623623.50.50.15
636.56370.50.24RK-25-230330-70598112.5441.54442.50.20
446.54492.50.06
450451.51.50.01
452.54530.50.02
456456.50.50.02
45745920.03
459.54600.50.02
462.5463.510.01
46746810.02
469469.50.50.02
471.54720.50.01
47347410.01
475490.515.50.25
492.55007.55.32
incl.493493.50.535.9
incl.498.54990.527.4
511511.50.50.02
51251310.03
513.55140.50.03
517.5519.520.04
520521.51.50.05
525526.51.50.02
532533.51.50.01
537.5538.510.06
539.55400.50.05
588.55890.50.02RK-25-233330-70694109.753954010.03
555.55582.50.02
558.55590.50.02
560.5568.580.04
569570.51.50.02
57157210.11
572.55730.50.03
574.5575.510.02
57658262.42
incl.57858026.98
incl.578.55790.523.4
582.5589.571.59
incl.58658824.70
59059660.08
602602.50.50.04
603.5609.560.53
incl.60460512.35
624.5625.510.11
628628.50.50.06
629.5630.510.04
633633.50.50.02
63463620.36
incl.635.56360.51.04RK-25-235270-70858105.5No significant intersectionsRK-25-236267-65541129376.53803.50.04
380.53821.50.29
393.53940.50.02
395397.52.50.07
40140320.44
41141430.03
414.54150.50.03
425.54260.50.02
42743030.03
431431.50.50.01
433433.50.50.01
440440.50.50.03
441.5442.510.01
445445.50.50.02
447447.50.50.01
457.5460.530.07
461.5462.510.09
464464.50.50.01
465470.55.52.34
incl.467.5468.5110.7
incl.467.54680.513.3
475.54771.50.02
477.54791.50.05
516517.51.50.02RK-25-239278-68594123.4364.53661.50.02
367.5368.510.02
390.5392.520.06
39339740.06
397.53991.50.06
400.54010.50.03
402402.50.50.01
407410.53.50.41
incl.407.54080.51.54
411411.50.50.01
41441510.08
416.54170.50.01
417.5418.510.01
419420.51.50.04
421421.50.50.04
422.54230.50.02
424.54250.50.01
426426.50.50.01
429429.50.50.02
430431.51.50.03
433446135.21
incl.438441.53.514.4
incl.441441.50.530.2
44844910.01
449.5450.510.06
451452.51.50.15
454.54550.50.01
456.54570.50.05
463.5464.510.01
466.5467.510.02
468.54690.50.01
469.54700.50.02
471473.52.50.40
incl.472472.50.51.28
47647710.02
478479.51.50.30
482.54830.50.03
48448510.04
486.54881.50.42
490.5491.514.58
494.54950.50.01
497.55002.50.10
501501.50.50.02
50250310.02
503.5504.512.69
50550610.04
507.5508.510.78
incl.508508.50.51.32
509.55100.50.02
514.55150.50.08
51852020.06RK-25-240270-70893106.1653.5654.510.02
659659.50.50.01
660669.59.50.76
incl.66466511.99
incl.665.56660.56.40
incl.668668.50.52.10
67067110.40
671.5672.510.13
67367411.00
675679.54.50.27
incl.675675.50.51.21
68068330.09
683.5693.5103.95
incl.685686132.7
694.57049.50.08
705.57071.50.08
714.57150.50.85
717.57180.50.07
718.57190.50.02
726.57270.50.02
729.5730.510.03
732.57341.51.50
734.5736.520.51
737742.55.50.37
incl.738738.50.51.87
750750.50.50.02
75275310.06
75575610.03
756.57570.50.04
757.57580.50.01
76076660.14
766.5767.510.10
77477620.30
776.57770.50.12
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585.55871.50.03 All depths and intervals are meters downhole, true thicknesses are yet to be determined.Unconformity of 'N/A' denotes a lack of visible contact between Athabasca sandstone and basement rock.Maximum internal dilution 2.0 m downhole.Minimum thickness of 0.5 m downhole.Cutoff grade 0.01% U3O8.All depths and intervals are metres downhole, true thicknesses are yet to be determined. Resource modelling in conjunction with an updated mineral resource estimate is required before true thicknesses can be determined.* Denotes results that correlate to high-grade levels of radioactivity (>10,000 cps)About NexGenNexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational, long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE," and on the Australian Securities Exchange under the ticker symbol "NXG," providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.Contact InformationLeigh Curyer
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
lcuryer@nxe-energy.ca
www.nexgenenergy.caTravis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
tmcpherson@nxe-energy.ca
www.nexgenenergy.caMonica Kras
Vice President, Corporate Development
NexGen Energy Ltd.
+44 7307 191933
mkras@nxe-energy.ca
www.nexgenenergy.caTechnical Disclosure*All technical information in this news release has been reviewed and approved by Jason Craven, NexGen's Vice President, Exploration, a qualified person under National Instrument 43-101.Natural gamma radiation in drill core reported in this news release was measured in counts per second (cps) using a Radiation Solutions Inc. RS-125 gamma spectrometer. The reader is cautioned that total count gamma readings may not be directly or uniformly related to uranium grades of the rock sample measured; they should be used only as a preliminary indication of the presence of radioactive minerals.A technical report in respect of the FS is filed on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov/edgar.shtml) and is available for review on NexGen Energy's website (www.nexgenenergy.ca).Cautionary Note to U.S. InvestorsThis news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission ("SEC") set by the SEC's rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.Forward-Looking InformationThe 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, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. 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. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply 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 NexGen's 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 in the future.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, the existence of 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, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, 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 of Canada except Quebec 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 intended. 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 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296430 Original: NexGen's Final Batch of 2025 Assays Return Multiple High-Grade Intercepts
CA Market News
4週前
NexGen to Host Q1 2026 Conference CallMay 5, 2026 6:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") will host its 2026 first quarter conference call on Thursday, May 7, 2026, at 8:00 am Eastern Time. During the call, NexGen's Founder and Chief Executive Officer, Leigh Curyer, Chief Commercial Officer, Travis McPherson, Chief Financial Officer, Benjamin Salter, and Chris Copley, Project Director will provide an update on the site activities at NexGen's 100% owned Rook I Project (the "Project"). Including the Company's 2025 site infrastructure program, construction preparation, pending major contract announcements, timelines and procurement readiness, financing, the continued drilling success at Patterson Corridor East ("PCE"), and strengthening uranium market dynamics, alongside NexGen's strategy to optimize value through maximizing leverage to future uranium prices.Call-in Details: Date: Thursday, May 7, 2026
Time: 8:00 am Eastern TimeParticipants should advise the operator that they are joining the "NexGen Energy Ltd. Conference Call" to gain admission to the event:North America Toll Free Number: 1-833-752-3734
Australia Local Toll Number: +61-7-3911-1378Participants accessing the call via either of the provided links will be automatically connected to the NexGen Energy Ltd. Conference Call:International HD Web Phone Access: Access Link
Call meTM : Call Me LinkPrior to the call, the Company will file its 2026 first quarter Financial Statements and Management Discussion & Analysis on Tuesday, May 5, 2026, after the North American markets close. These fillings will be available for review on the NexGen website under Reports and Filings and on the Company's SEDAR+ profile at www.sedarplus.ca. In addition, a replay of the call will be available on the NexGen website under Events & Webcasts. Further Information is available at www.nexgenenergy.ca.About NexGenNexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low cost producing uranium mine globally, incorporating the most elite standards in environmental and social governance. The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE" and on the Australian Securities Exchange under the ticker symbol "NXG" providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.Contact InformationLeigh Curyer
Founder & Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
lcuryer@nxe-energy.ca
www.nexgenenergy.caTravis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
tmcpherson@nxe-energy.ca
www.nexgenenergy.caMonica Kras
Vice President, Corporate Development
NexGen Energy Ltd.
+44 (0) 7307 191933
mkras@nxe-energy.ca
www.nexgenenergy.caForward-Looking InformationThe 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, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. 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. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property, the results of planned exploration activities are as anticipated, the price and market supply 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 NexGen's 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 materially 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 in the future.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, the existence of 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, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 3, 2025 filed with the securities commissions of all of the provinces of Canada except Quebec 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 intended. 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 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295953 Original: NexGen to Host Q1 2026 Conference Call
US Market News
1月前
The Uranium Shortage: 78 Gigawatts Under Construction and Not Enough FuelApril 29, 2026 9:05 AM
PR Newswire (Canada)
Issued on behalf of Eagle Nuclear Energy Corp.VANCOUVER, BC, April 29, 2026 /CNW/ -- USANewsGroup.com News Commentary — Seventy-eight gigawatts of nuclear reactor capacity are now under construction across 15 countries, according to the International Energy Agency's 2026 Global Energy Review, and global installed nuclear capacity sits at 420 GW[1]. That building spree just got louder: at the Paris Nuclear Energy Summit in March, 38 nations signed on to triple nuclear capacity by 2050, locking in sovereign fuel commitments that tighten the supply picture for years[2]. The capital now rotating into this sector is targeting companies already past the starting line, and five names sit at the front of that queue: Eagle Nuclear Energy Corp. (NASDAQ: NUCL), Cameco Corporation (NYSE: CCJ) (TSX: CCO), Uranium Energy (NYSE-A: UEC), NexGen Energy (NYSE: NXE) (TSX: NXE), and Denison Mines (NYSE-A: DNN) (TSX: DML).
The World Nuclear Association projects government targets could push global nuclear capacity to 1,446 GWe by 2050, well past the 1,200 GW tripling goal set at COP28[3]. With over 12 GW of new nuclear construction starts in 2025 alone, according to the IEA, the asymmetric upside now favors companies holding permitted sites, funded drill programs, and active construction timelines over early-stage explorers still years from first approvals[4].Eagle Nuclear Energy (NASDAQ: NUCL) just reported its first quarter as a publicly traded company, and the numbers tell a clean story: $31.3 million in cash, zero interest-bearing debt, and a flagship uranium project that is now moving toward drilling.The company's Aurora Uranium Project, located along the Oregon-Nevada border, holds 32.75 million pounds of indicated uranium and 4.98 million pounds of inferred uranium. That makes it the largest conventional, measured and indicated uranium deposit in the United States. Eagle Nuclear Energy completed its business combination with Spring Valley Acquisition Corp. II in February 2026 and began trading on the Nasdaq on February 25 under the ticker NUCL.Since listing, Eagle Nuclear Energy has moved quickly. The company announced a 27,000 ft drill program at Aurora in early April, designed to advance the project toward a Pre-Feasibility Study. The program consists of 47 diamond drill holes planned by resource consultants BBA USA Inc., with objectives spanning resource expansion, classification enhancement, advanced metallurgy, rock mechanics, and hydrogeological analysis. Each hole was designed to serve multiple purposes simultaneously, keeping the overall program limited without sacrificing any of its goals.Days later, Eagle Nuclear Energy engaged Harris Exploration Drilling to provide up to three track-mounted core drill rigs for the campaign, which is scheduled to begin in July and expected to wrap within three to four months. The company's permitting manager, SLR International Corporation, has already filed permit applications with the Bureau of Land Management and the Oregon Department of Geology and Mineral Industries. Both agencies have acknowledged receipt, and Eagle Nuclear Energy anticipates approvals in time for the July start.The broader strategy here is vertical integration. Eagle Nuclear Energy is not just exploring uranium. The company is pairing domestic uranium resources with exclusive Small Modular Reactor technology to build what it calls an integrated nuclear energy platform. At a time when operating reactors in the United States source more than 95% of their fuel from foreign suppliers, a domestic project with a clear path to development carries real strategic weight. Eagle Nuclear Energy's membership in the Uranium Producers of America reinforces that positioning, and the Pre-Feasibility Study is slated for completion in the second half of 2027.With cash on hand, a drill program locked in, permits filed, and rigs secured, Eagle Nuclear Energy is approaching a summer that could meaningfully reshape how the market values Aurora. For a company that only began trading two months ago, the pace of execution stands out.Other industry developments and happenings in the market include:Cameco Corporation (NYSE: CCJ) (TSX: CCO) signed a long-term agreement to supply nearly 22 million pounds of uranium ore concentrate to India's Department of Atomic Energy over a nine-year period, with deliveries expected to run from 2027 through 2035. The contract carries an estimated total value of approximately $2.6 billion, based on a uranium spot price of US$86.95 per pound, and was celebrated in Delhi alongside Indian Prime Minister Narendra Modi, Canadian Prime Minister Mark Carney, and Saskatchewan Premier Scott Moe."Cameco is proud to be a strategic partner with India to help meet its civil nuclear fuel needs and support its trade relationship with Canada," said Tim Gitzel, CEO of Cameco Corporation. "India is embarking on an ambitious nuclear expansion to power its development plans and meet the future energy security needs of its people."India currently operates 24 reactors with plans to reach 100 GW of nuclear capacity by 2047, representing a significant long-term demand driver for uranium supply. The new agreement builds on a previous five-year contract Cameco Corporation held with India beginning in 2015, reinforcing the company's position as a trusted nuclear fuel supplier of choice for sovereign buyers globally.Uranium Energy (NYSE-A: UEC) announced production commencement at its Burke Hollow project in South Texas following approval from the Texas Commission on Environmental Quality, making Burke Hollow the world's newest in-situ recovery uranium mine and the first new U.S. ISR operation to start in over a decade. Combined with recent capacity expansion approvals at Christensen Ranch in Wyoming, Uranium Energy now operates two active ISR hub-and-spoke platforms and is the only U.S. uranium company with two producing ISR production systems."The startup of Burke Hollow is a significant achievement for UEC, advancing the project from a grassroots discovery in 2012 to production in 2026," said Amir Adnani, President and CEO of Uranium Energy. "With two ISR operations now producing, and our Ludeman ISR project planned for startup in 2027, we are building a scalable, multi-faceted platform supported by the largest uranium resource base in the United States."Burke Hollow is the largest ISR uranium discovery in the United States, with multi-phase development potential designed to scale production in line with market demand. Uranium Energy maintains a 100% unhedged production strategy, holds the largest uranium resource base in the U.S., and is targeting growth across its three-platform ISR network to meet strengthening market fundamentals.NexGen Energy (NYSE: NXE) (TSX: NXE) received final federal approval for the Rook I uranium project in Saskatchewan's Athabasca Basin, with the Canadian Nuclear Safety Commission issuing both an Environmental Assessment approval and a Licence to Prepare Site and Construct, the last regulatory hurdle required to begin full construction. When operational, Rook I will produce up to 30 million pounds of uranium annually, representing more than 20% of global uranium supply and more than 50% of western world supply."NexGen is the foundational and necessary key to fueling that growth," said Leigh Curyer, Founder and CEO of NexGen Energy. "Our team, our asset, and this moment are aligned in a way that comes along once in a generation. Together with our Nation partners and our many valued stakeholders, we are well prepared and ready to execute the construction phase of the Rook I Project with the same scope, schedule and cost precision that has defined NexGen since incorporation in 2011."NexGen Energy made its Final Investment Decision ahead of the approval, with official construction commencing in summer 2026 and expected to take four years. All procurement, engineering, vendors, and capital are in place, with the company having worked in lockstep with Indigenous communities throughout the multi-year approval process.Denison Mines (NYSE-A: DNN) (TSX: DML) filed its audited 2025 annual results alongside a Final Investment Decision to construct the Phoenix in-situ recovery uranium mine at the Wheeler River property in Saskatchewan's Athabasca Basin, with site preparation and construction commencing in March 2026 and first production targeted by mid-2028. Denison Mines secured US$345 million through a senior convertible notes offering, appointed Wood Plc as construction manager, and advanced engineering to nearly 90% completion."Over the past twelve months, Denison continued to make significant investments in its assets, including its flagship Phoenix project," said David Cates, President and CEO of Denison Mines. "With receipt of all regulatory approvals necessary to start construction, significant advancement of construction planning and procurement efforts, appointment of Wood Plc as construction manager, and a strong balance sheet, we are ready to commence site preparation for and construction of the Phoenix ISR uranium mine later this month."McClean North, operated by joint venture partner Orano Canada, deployed the patented SABRE mining method and produced nearly 650,000 pounds U3O8 in 2025, one of the most productive new uranium mines in North America. Denison Mines also advanced delineation drilling at the Gryphon deposit and expanded its exploration JV portfolio with Skyharbour Resources.CONTACT:
USA NEWS GROUP
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed by USANewsGroup.com on behalf of Market IQ Media Group Inc. ("MIQ"). MIQ has been paid a fee for Eagle Nuclear Energy Corp. advertising and digital media from Creative Digital Media Group ("CDMG"). There may be 3rd parties who may have shares of Eagle Nuclear Energy Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ does not own any shares of Eagle Nuclear Energy Corp. but reserve the right to buy and sell, and will buy and sell shares of Eagle Nuclear Energy Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved on behalf of Eagle Nuclear Energy Corp. by CDMG, and the company itself; this is a paid advertisement, we currently do not own shares of Eagle Nuclear Energy Corp. but reserve the right to buy and sell shares of NUCL, and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. Cautionary Note Regarding Forward-Looking Statements: Certain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. Forward-looking statements include, without limitation, expected benefits from Eagle's business combination with SVII; the outlook for Eagle's business; the viability of Eagle's mining claims and technologies; as well as any information concerning possible or assumed future results of operations of Eagle. The forward-looking statements are based on the current expectations of the management team of Eagle and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) market risks; (ii) the outcome of any legal proceedings that may be instituted against Eagle related to its business combination; (iii) failure to realize the anticipated benefits of the business combination; (iv) the inability to maintain the listing of the Company's securities on Nasdaq Capital Market or a comparable exchange; (v) the risk that the price of Eagle's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro-economic and social environments affecting its business; and (vi) fluctuations in spot and forward markets for lithium and uranium and certain other commodities (such as natural gas, fuel oil and electricity). The foregoing list is not exhaustive, and there may be additional risks that Eagle does not presently know or that Eagle currently believes are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in filings made with the SEC by Eagle from time to time, which are or will be accessible at www.sec.gov. Eagle cautions you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document.SOURCES:https://www.iea.org/reports/global-energy-review-2026/technology-nuclearhttps://www.iaea.org/newscenter/news/global-leaders-affirm-central-role-for-nuclear-at-2026-nuclear-energy-summithttps://world-nuclear.org/net-zero-nuclear/news/four-more-countries-join-global-commitment-to-triple-nuclear-energy-at-paris-summithttps://www.iea.org/reports/global-energy-review-2026/key-findingsLogo: https://mma.prnewswire.com/media/2838876/5656770/USA_News_Group_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/the-uranium-shortage-78-gigawatts-under-construction-and-not-enough-fuel-302757133.html
Original: The Uranium Shortage: 78 Gigawatts Under Construction and Not Enough Fuel
CA Market News
1月前
NexGen Announces Expansion of High-Grade Zone at Patterson Corridor East (PCE) and the Completion of 2026 Winter Drill ProgramApril 22, 2026 6:30 AM
NewsfileVertical extent of high-grade subdomain increased +33% to 550m with a strike length of 210mHigh-grade extension in RK-26-280c1 with cumulative 4.2m of >10,000 cps including 0.6m of >61,000 cpsContinuity of intense mineralization in RK-26-271c1 with cumulative 12.6m of >10,000 cps including 2.3m of >61,000 cps 80m down plunge of RK-25-256 (5.5m at 21.4% U3O8)Progressive high-grade continuity at depth in RK-26-276 with cumulative 11.2m of >10,000 cps including 0.6m of >61,000 cps and RK-26-285 with cumulative 9.0m of >10,000 cps including 0.7m of >61,000 cpsVancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") announces results from the 2026 winter drill program at Patterson Corridor East ("PCE") that recently concluded, highlighting significant vertical growth and strong internal continuity of high-grade mineralization. Within the mineralized zone of PCE, the high-grade subdomain has now grown to 550 m in vertical extent, a 33% increase, with a strike length of 210 m. This expansion was primarily driven by hole RK-26-280c1 which returned cumulative 4.2m of >10,000 cps including 0.6m of >61,000 cps at 834m below surface (Figures 1-3). The hole successfully intersected mineralization 230m down plunge along a high-grade shoot interpreted to connect with RK-26-271c1 (Figure 4).Holes RK-26-271c1, RK-26-276, and RK-26-285 returned strong mineralized intercepts between 600 to 700m below surface, where the system remains open for expansion (Figures 1 and 2, Table 1). Results from RK-26-271c1 include cumulative 12.6m of >10,000 cps including 2.3m of >61,000 cps 80m down plunge of RK-25-256 (5.5m at 21.4% U3O8) indicating continuity of intense high-grade mineralization (Figure 3). Further, the intersections from RK-26-276 (cumulative 11.2m of >10,000 cps including 0.6m of >61,000 cps) and RK-26-285 (cumulative 9.0m of >10,000 cps including 0.7m of >61,000 cps) add progressive high-grade continuity to the base of this growing subdomain. Drilling 600m to the southeast of PCE along a separate parallel trend, prospective structure and alteration features are vectoring the Company toward potential repetition of mineralization within the overall PCE system (Figure 5).Summer drilling of ~29,200m is schedule to commence the week of May 25, 2026. All samples from 2026 drilling are submitted to the independent Saskatchewan Research Council Geoanalytical Laboratory (SRC), with results to follow.Leigh Curyer, Founder & Chief Executive Officer, commented: "Today's results from the 2026 winter program confirm both the scale and growth of PCE continues to advance at pace. Increasing the vertical extent of the high-grade subdomain by 33% during the winter program, suggests substantial drilling is required going forward to fully understand the extent of this mineralized zone. In parallel, drilling focused on vectoring into additional zones of mineralization will be incorporated into the summer program based on these winter results. "With the Rook I Project commencing construction this summer and the significance of PCE materializing rapidly, we look forward to future drilling and evaluation of PCE and its potential position in the long-term profile of NexGen's uranium portfolio. NexGen is positioned to meet the strong demand for Canadian uranium for many decades into the future, whilst setting a new industry standard in the safe, efficient and reliable delivery of offtake to utility customers around the world."A total of 12,758.2m of the planned 42,000m has been completed in 2026, focusing on high-grade growth and expansion of mineralization. Thirteen drill holes totalling 9,131.7m were dedicated to advancing the mineralization at PCE and six drill holes totalling 3,626.5m tested the parallel trend. Since discovery (see news release date March 11, 2024), 115 drillholes totalling 72,464.7m targeted PCE mineralization (Figure 4) with 79 of the 115 drill holes being mineralized, including 54 intersecting high-grade (>10,000 cps) and 21 intersecting off-scale (>61,000 cps). Figure 1: Interpreted 3D model of PCE shown looking northwest (across strike) and northeast (along strike); previously reported in December 1, 2025 release, now with RK-26-271c1, RK-26-276, RK-26-280c1, and RK-26-285 intersections outlined in purpleTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_002full.jpgFigure 2: Interpreted model of mineralization at PCE (as of this release); new holes emphasized by larger diameter pierce points and bold labels; view is a long section that looks perpendicular to the primary mineralized plane; total mineralized footprint in orange and the high-grade subdomains in redTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_003full.jpgFigure 3: Core photo from RK-25-280c1 displays semi-massive, off-scale (>61,000 cps) from uranium vein at 834m down holeTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_004full.jpgFigure 4: Core photo from RK-25-271c1 displays mineralization from 630.3 to 646.5m down hole with abundant high-grade and several instances of off-scale in competent basement rock; yellow outlines >1,000 cps, red outlines >10,000 cps, >61,000 cps outlined in purpleTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_005full.jpgFigure 5: Map of PCE with completed 2026 drill holes; ground gravity in background, interpreted fault shown as black dashed lineTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_006full.jpgTable 1: Spectrometer results since January 15, 2026 releaseDrillholeUnconformity Depth (m)Handheld Spectrometer Results (RS-125) Hole IDAzimuthDipTotal Depth (m)From (m)To (m)Width (m)CPS RangeRK-26-271c1275-75730.0-615.0616.51.5
CA Market News
2月前
Utah's Forgotten Uranium Belt Is Getting a Second Look. Here's Why the Timing Matters.March 23, 2026 2:14 PM
PR Newswire (Canada)
Issued on behalf of EagleOne Metals CorporationVANCOUVER, BC, March 23, 2026 /CNW/ -- Equity-Insider.com — Thirty-five miles south of Hanksville, Utah, in the heart of some of the highest-grade historical uranium country in the American West, there's a 206-acre property that was drilled once in 2008, returned mineralized intercepts across six commodities, and then sat untouched for nearly two decades.
It's not hard to understand why. Uranium spent most of the 2010s in the penalty box. Spot prices languished below $30 per pound. Nobody was acquiring uranium ground in Utah. Nobody was funding exploration for rare earths in the Colorado Plateau. The economics didn't work, and the geopolitical urgency didn't exist.Both of those conditions have reversed. Uranium is now approaching $92 per pound. The IEA projects a 30% copper supply shortfall by 2035. Rare earth supplies outside China cover less than 40% of projected demand. And the U.S. government has committed more than $30 billion to secure critical mineral supply chains in just the past six months, including a $12 billion Project Vault strategic stockpile and a $2.7 billion DOE enrichment expansion.The companies best positioned for this environment are the ones that already hold ground. Cameco (TSX: CCO) (NYSE: CCJ), the world's largest publicly traded uranium company, recently partnered with the U.S. Government and Brookfield to accelerate Westinghouse nuclear reactor deployments — backed by $80 billion in aggregate government investment. Cameco is extending its Cigar Lake mine to 2036 and ramping McArthur River toward 25 million pounds annually. The market is paying $1,416 per pound of Cameco's future uranium capacity.NexGen Energy (TSX: NXE) (NYSE: NXE) is building what it positions as the world's largest and lowest-cost uranium mine at Rook I in Saskatchewan's Athabasca Basin. With estimated production costs under $10 per pound and spot uranium near $92, the margin thesis is extraordinary. NexGen raised C$800 million for construction and expects its Canadian Nuclear Safety Commission hearings this year. Denison Mines (TSX: DML) (NYSE: DNN) announced a final investment decision in March 2026 to construct the Phoenix in-situ recovery uranium mine at Wheeler River — 56.7 million pounds of proven and probable reserves, a projected IRR exceeding 80%, and production targeted for 2028 using a method that costs 15–70% less than conventional mining.On the rare earth side, MP Materials (NYSE: MP) operates the only scaled rare earth mining and processing site in North America at Mountain Pass, California. As Beijing tightened export controls on seven strategic rare earth elements in early 2026, MP's position as the Western hemisphere's primary source of NdPr oxide became acutely strategic. The company is building downstream magnet manufacturing capacity to supply EV and defense customers directly.These are billion-dollar companies operating in the same commodity environment that just created an opportunity at the opposite end of the valuation spectrum.EagleOne Metals Corporation (CSE: EAGL) (FSE: IJ2) recently signed a binding Letter of Intent to acquire 100% of the Poison Springs Uranium/Rare Earths Project in Utah for US$50,000. The 206.6-acre property returned mineralized intercepts across uranium, copper, silver, cobalt, nickel, and rare earth elements neodymium, praseodymium, and europium from a single 2008 drill campaign. Both uranium and REEs appear on the U.S. Critical Minerals List. Historical drilling by Cotter Corporation in nearby Hatch Canyon during 1978–1979 confirmed widespread mineralization across the broader region. Follow-up targets sit at less than 100 metres depth. A Triassic Chinle formation target carries additional potential for copper, vanadium, zinc, nickel, cobalt, and REEs.The Utah play is one piece of a broader portfolio. EagleOne's 100%-owned Hébécourt Township property in Quebec's Abitibi Greenstone Belt — a jurisdiction that has produced over 200 million ounces of gold historically — returned two priority anomalies targeting gold and copper. The adjacent Magusi West project produced gold anomalies up to 0.156 ppm and copper anomalies up to 186 ppm across 618 soil samples. And through a non-binding LOI with Surupampa Metals, EagleOne has a path to a Peruvian copper-gold asset.Four properties. Three countries. Gold, silver, copper, uranium, and rare earth elements. A C$240,000 financing pending. Market capitalization: approximately C$5 million.The structural deficit across uranium, copper, and rare earths is no longer a forecast. It's the primary driver behind the largest government mineral investment in American history. EagleOne Metals (CSE: EAGL) is assembling multi-commodity critical minerals exposure at the exact moment the policy environment and the price environment are converging — and the market hasn't priced it in yet.For more information on EagleOne Metals Corporation (CSE: EAGL) (FSE: IJ2) and its critical minerals portfolio, visit Equity-Insider.comRead this and more on EagleOne at: Equity-Insider.comArticle Source: https://usanewsgroup.com/2026/03/12/exploring-the-minerals-powering-the-digital-and-energy-future/CONTACT:
EQUITY INSIDER
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is not a paid advertisement at this time, as MIQ has not yet received compensation for this content, and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has not been paid a fee for EagleOne Metals Corporation advertising and digital media from the company directly. There may be 3rd parties who may have shares of EagleOne Metals Corporation, and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ does not currently own shares of EagleOne Metals Corporation. MIQ reserves the right to buy and sell, and will buy and sell shares of EagleOne Metals Corporation at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by EagleOne Metals Corporation; this is not currently a paid advertisement as MIQ has not yet received compensation, and we also reserve the right to buy shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:Critical Minerals Institute, February 2026 — https://investornews.com/market-opinion/the-critical-minerals-report-02-22-2026-the-price-floor-era-arrives-for-rare-earths-and-uranium-coppers-midstream-problem-and-graphite-trade-walls/ Bloomberg, Project Vault — https://www.bloomberg.com/news/articles/2026-02-02/trump-launches-12-billion-minerals-stockpile-to-counter-china CarbonCredits.com, Uranium Prices 2026 — https://carboncredits.com/uranium-prices-2026-supply-crunch-and-rising-demand-fuel-a-nuclear-bull-market/ U.S. State Department, 2026 Critical Minerals Ministerial — https://www.state.gov/releases/office-of-the-spokesperson/2026/02/2026-critical-minerals-ministerialLogo : https://mma.prnewswire.com/media/2840019/5878383/Equity_Insider_Logo.jpg
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Original: Utah's Forgotten Uranium Belt Is Getting a Second Look. Here's Why the Timing Matters.
US Market News
3月前
Significant U.S. Uranium Deposit Advances with Permitting Team NUCL, CCJ, UEC, SMR, and NXE as Uranium Demand Meets Domestic Supply UrgencyMarch 18, 2026 10:15 AM
PR Newswire (US)
Issued on behalf of Eagle Nuclear Energy Corp.Companies mentioned in this article: Eagle Nuclear Energy Corp. (NASDAQ: NUCL), Cameco Corp. (NYSE: CCJ), Uranium Energy Corp. (NYSE: UEC), NuScale Power (NYSE: SMR), NexGen Energy (NYSE: NXE)Key Takeaways:Eagle Nuclear Energy Corp. (NASDAQ: NUCL) has engaged SLR International Corporation as lead permitting manager for its Aurora Uranium Project, the largest conventional, measured and indicated uranium deposit in the United States with 32.75 million pounds indicated and 4.98 million pounds inferred.SLR's designated team has an excellent permitting track record with the Bureau of Land Management and Oregon DOGAMI in the same county as Aurora, including fast-tracking Jindalee Lithium's McDermitt project under the federal FAST-41 initiative[1].Uranium was added to the U.S. Geological Survey's 2025 Critical Minerals List, and approximately 65 reactors are under construction worldwide as global electricity demand drives a nuclear renaissance[2].Cameco recently entered an $80 billion strategic partnership with the U.S. Government to accelerate deployment of Westinghouse nuclear reactor technologies and reinvigorate domestic supply chains[3].Eagle Nuclear Energy (NASDAQ: NUCL) is developing an integrated nuclear platform combining domestic uranium resources with exclusive Small Modular Reactor (SMR) technology, positioning it to own both the fuel supply and the deployment pathway for next-generation nuclear power.NEW YORK, March 18, 2026 /PRNewswire/ -- Equity-Insider.com News Commentary — The United States produces almost none of the uranium it consumes. That's not a forecast — it's the reality that uranium was added to the U.S. Geological Survey's Critical Minerals List in 2025, that the White House launched Project Vault with $12 billion in strategic minerals stockpile financing, and that approximately 65 new reactors are under construction worldwide as governments bet on nuclear power to meet surging electricity demand[2]. Spot uranium is approaching $92 per pound as tightening primary supply converges with accelerating reactor demand, AI-driven power infrastructure buildouts, and a bipartisan political consensus that domestic nuclear fuel supply chains are a national security imperative[4].
Against that backdrop, the companies that own the actual uranium in the ground — particularly in the United States — are becoming strategic assets in a way they haven't been in decades. The question is no longer whether America needs more domestic uranium, it's who can get uranium permitted, developed, and delivered. Eagle Nuclear Energy Corp. (NASDAQ: NUCL) just took a major step toward answering that question.Eagle Nuclear Energy Corp. (NASDAQ: NUCL) — SLR Consulting Engaged to Lead Aurora PermittingEagle Nuclear Energy Corp. (NASDAQ: NUCL) announced today that it has engaged global mining advisory firm SLR International Corporation as the lead permitting manager for the Aurora Uranium Project, the company's flagship asset located along the Oregon–Nevada border. Aurora owns the largest conventional, measured and indicated uranium deposit in the United States, with 32.75 million pounds indicated and 4.98 million pounds inferred under the SK-1300 technical standard. To put that in perspective, Aurora's nearly 38 million pounds of uranium places it among the larger undeveloped projects in America—at a time when the U.S. imports roughly 95% of the uranium it consumes.SLR Consulting is not an ordinary hire. The firm is world-renowned for providing technical, engineering, and environmental services to resource projects globally, and the team assigned to Eagle has specific, relevant experience with the Bureau of Land Management and Oregon's Department of Geology and Mineral Industries in Malheur County — the same county where Aurora sits. That experience includes permitting success at Paramount Gold's Grassy Mountain project and Jindalee Lithium's McDermitt project, the latter of which SLR helped fast-track under the U.S. federal government's FAST-41 initiative. Eagle's management is now collaborating with SLR to potentially get Aurora on the FAST-41 list as well."SLR's permitting expertise, their proven track-record around the world, and their relevant experience in our neighbourhood, makes them a natural partner for Eagle as we plan to take Aurora toward the next stage of development," said Vishal Gupta, Eagle's VP of Operations. "The SLR team has been involved in extensive engagement with regulators at the county, state and federal levels, which has direct relevance to expediting the permitting process for Aurora."Following this engagement, SLR will serve as Aurora's program manager for all environmental permitting tasks, including baseline studies, exploration permitting support, drill programs, metallurgical studies, and hydrogeological work. SLR's involvement is designed to help progress Aurora toward a Pre-Feasibility Study estimated to be completed in late 2027. But the permitting milestone is only part of the story. Eagle isn't building a conventional uranium mining company. The company is developing an integrated nuclear energy platform that combines domestic uranium resources with exclusive Small Modular Reactor technology — meaning it aims to own both the fuel and the means to deploy it. In a sector where Cameco commands a multi-billion dollar valuation and NexGen raised C$800 million for a single project, Eagle is advancing the largest conventional, measured and indicated U.S. uranium deposit at a fraction of those valuations, with a NASDAQ listing and a strategy that spans the nuclear fuel cycle.For more information on Eagle Nuclear Energy Corp. (NASDAQ: NUCL) and the Aurora Uranium Project, visit www.eaglenuclear.comIn other industry developments and happenings in the market include:Cameco Corp. (NYSE: CCJ) — $80 Billion U.S. Government Nuclear PartnershipCameco Corp. (NYSE: CCJ), one of the world's largest uranium producers with licensed capacity to produce more than 30 million pounds annually, recently entered into a strategic partnership with the U.S. Government alongside Brookfield to accelerate deployment of Westinghouse nuclear reactor technologies. The aggregate government investment of at least $80 billion is designed to create significant growth opportunities for both Westinghouse and Cameco while reinvigorating domestic nuclear supply chains. Cameco is extending the life of its Cigar Lake mine to 2036 and ramping production at McArthur River/Key Lake toward its licensed annual capacity of 25 million pounds. Analyst estimates project Cameco's fiscal 2026 earnings growth at 55%.Uranium Energy Corp. (NYSE: UEC) — From Developer to Producer With ISR RestartUranium Energy Corp. (NYSE: UEC) marked a turning point in fiscal 2025 by transitioning from developer to active producer with the successful restart of the Christensen Ranch in-situ recovery mine in Wyoming's Powder River Basin. ISR mining offers lower capital costs, faster timelines, and reduced environmental impact compared to conventional methods. Production ramp-ups are expected to continue through 2026 alongside the anticipated startup of the Burke Hollow project. UEC also acquired Rio Tinto's Sweetwater mill and Wyoming uranium assets, expanding its licensed capacity to 12.1 million pounds annually and positioning it as the largest U.S. uranium company by potential production.NuScale Power (NYSE: SMR) — AI-Enabled Reactor Design and TVA PartnershipNuScale Power (NYSE: SMR) announced a partnership with Oak Ridge National Laboratory to utilize an AI-enabled nuclear design framework to optimize fuel management across multiple reactors. NuScale's exclusive global partner ENTRA1 Energy and the Tennessee Valley Authority continue to advance what is positioned as the largest nuclear power deployment in a generation. NuScale's small modular reactor design received NRC Design Certification in 2023, making it the first SMR to achieve this milestone in the United States. The Trump administration's plans to loosen regulations for new nuclear plants and boost SMR production have provided additional potential tailwinds for the company.NexGen Energy (NYSE: NXE) — Rook I Hearings and Path to World's Lowest-Cost UraniumNexGen Energy (NYSE: NXE) commenced its Part 2 Commission Hearing with Canada's Nuclear Safety Commission in February 2026, representing the final step in the federal regulatory process prior to an approval decision for its Rook I project in Saskatchewan's Athabasca Basin. Rook I is designed to produce approximately 30 million pounds of uranium annually at an estimated cash cost of under $10 per pound, giving it some of the lowest projected production costs in the global uranium industry. NexGen recently raised C$800 million to fund construction.Eagle Nuclear Energy Corp. (NASDAQ: NUCL) trades on NASDAQ and is advancing the Aurora Uranium Project — the largest conventional, measured and indicated uranium deposit in the United States — toward a Pre-Feasibility Study targeted for late 2027, with SLR International Corporation leading the permitting effort and an integrated nuclear platform strategy combining domestic uranium resources with SMR technology.In a sector where Cameco commands a multi-billion-dollar market capitalization and governments are deploying tens of billions to secure domestic nuclear fuel supply, Eagle Nuclear Energy is the company seeking to advance America's largest conventional, measured and indicated uranium deposit from resource to potential development — with a world-class permitting partner now in place and a strategy that spans the full nuclear value chain. For investors tracking the uranium renaissance, NUCL may be the name that hasn't yet caught up to its own story.Learn more about Eagle Nuclear Energy Corp. (NASDAQ: NUCL) and the Aurora Uranium Project at www.eaglenuclear.comInvestor Contact: Investors@eaglenuclear.comSOURCE: www.eaglenuclear.comCONTACT:EQUITY INSIDERinfo @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed by Equity-Insider.com on behalf of Market IQ Media Group Inc. ("MIQ"). MIQ has been paid a fee for Eagle Nuclear Energy Corp. advertising and digital media from Creative Digital Media Group ("CDMG"). There may be 3rd parties who may have shares of Eagle Nuclear Energy Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Eagle Nuclear Energy Corp. but reserve the right to buy and sell, and will buy and sell shares of Eagle Nuclear Energy Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved on behalf of Eagle Nuclear Energy Corp. by CDMG; this is a paid advertisement, we currently own shares of Eagle Nuclear Energy Corp. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Cautionary Note Regarding Forward-Looking StatementsCertain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. Forward-looking statements include, without limitation, expected benefits from Eagle's business combination with SVII; the outlook for Eagle's business; the viability of Eagle's mining claims and technologies; as well as any information concerning possible or assumed future results of operations of Eagle. The forward-looking statements are based on the current expectations of the management team of Eagle and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) market risks; (ii) the outcome of any legal proceedings that may be instituted against Eagle related to its business combination; (iii) failure to realize the anticipated benefits of the business combination; (iv) the inability to maintain the listing of the Company's securities on Nasdaq Capital Market or a comparable exchange; (v) the risk that the price of the Eagle's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro- economic and social environments affecting its business; and (vi) fluctuations in spot and forward markets for lithium and uranium and certain other commodities (such as natural gas, fuel oil and electricity). The foregoing list is not exhaustive, and there may be additional risks that Eagle does not presently know or that Eagle currently believes are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in filings made with the SEC by Eagle from time to time, which are or will be accessible at www.sec.gov. Eagle cautions you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document.SOURCES:SLR International Corporation, Permitting Track Record — Referenced in Eagle Nuclear Energy Corp. press release, March 18, 2026World Nuclear Industry Status Report, December 2025; U.S. Geological Survey 2025 Critical Minerals List — https://www.usgs.gov/news/national-news-release/us-geological-survey-releases-2025-list-critical-mineralsCameco Corp. / Brookfield / U.S. Government Strategic Partnership for Westinghouse Nuclear Reactor Deployment — https://www.cameco.com/media/news/2026CarbonCredits.com, Uranium Prices 2026 — https://carboncredits.com/uranium-prices-2026-supply-crunch-and-rising-demand-fuel-a-nuclear-bull-market/Logo - https://mma.prnewswire.com/media/2840019/5869781/Equity_Insider_Logo.jpg
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Original: Significant U.S. Uranium Deposit Advances with Permitting Team NUCL, CCJ, UEC, SMR, and NXE as Uranium Demand Meets Domestic Supply Urgency
US Market News
3月前
NexGen Receives Final Federal Approval for the Rook I Uranium ProjectMarch 5, 2026 10:07 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 5, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") is pleased to announce that the Canadian Nuclear Safety Commission ("CNSC") has, as of today, approved NexGen's Environmental Assessment ("EA") and issued a Licence to Prepare Site and Construct (the "Licence") for the Company's 100%-owned, generational, Rook I Project (the "Project"). This approval comes 14 business days after the final 2-part Commission Hearing process which was concluded February 12, 2026. With Environmental Assessment ("EA") approval from the Province of Saskatchewan received in November 2023 and receipt of all other necessary Provincial authorizations, the issuance of the Licence marks the final regulatory approval required to initiate full construction of the Project.Located in Saskatchewan's Athabasca Basin, NexGen's Rook I Project has been methodically advanced and designed to meet NexGen's elite environmental, safety, social and economic standards, working in lockstep with local Indigenous communities and partners. When fully operational, the Rook I Project will be the largest single source and environmentally elite uranium mine globally, incorporating state-of-the-art extraction and safety systems. In production, Rook I is capable of producing up to 30 million pounds annually - representing over 20% of the current global uranium fuel supply and over 50% of western world supply. With approvals secured, the Company is set to begin construction of the Rook I Project, advancing long-term economic benefits, skilled jobs, sustainable growth for the region, and Canada's nuclear energy leadership. The team, procurement, engineering, vendors, contractors and capital are in place to commence construction activities with advanced site and shaft sinking preparation. NexGen has already made its Final Investment Decision with official construction commencing in summer 2026. As per the Rook I Project schedule, construction will take 4 years from commencement.Leigh Curyer, Founder and Chief Executive Officer of NexGen, commented: "Today's approval represents one of the most rigorous and comprehensive regulatory processes undertaken for a resource project globally. This milestone is the result of the NexGen team's steadfast and unrelenting focus over 12 years understanding and delivering our objectives honestly and incorporating a culture of excellence. I am incredibly proud of our team - their resilience, accountability, and dedication to advancing Rook I optimally across all aspects. This approach is what has defined our success to date and will continue through successful execution of the construction and operations phases. We moved with purpose and confidence to deliver a new standard for resources development.On behalf of the NexGen Board of Directors, Executive team, and staff, we extend our sincere gratitude to our Indigenous Nation partners, local communities, Premier Scott Moe and the Government of Saskatchewan, Government partners, regulatory bodies, and all valued stakeholders who have contributed their expertise, trust, and dedication to the successful advancement of this generational Project over the past decade. Further, I would also like to acknowledge the Canadian Nuclear Safety Commission in demonstrating and delivering the most rigorous review for a resources project globally, ensuring Canada leads the world in the safe and environmentally sound development of mining.The world is changing fast, and NexGen's Rook I is now ready to be a significant contributor to global requirements for nuclear energy and Canada's role as an energy superpower. As global demand for reliable, clean, baseload nuclear energy continues to accelerate at an unprecedented pace, uranium is the critical fuel for powering industrial electrification and the digital infrastructure of tomorrow. Simply put, energy is the key to our global growth. Nuclear is the chosen energy to supply that economic growth. NexGen is the foundational and necessary key to fueling that growth. Our team, our asset, and this moment are aligned in a way that comes along once in a generation. Together with our Nation partners and our many valued stakeholders, we are well prepared and ready to execute the construction phase of the Rook I Project with the same scope, schedule and cost precision that has defined NexGen since incorporation in 2011."About NexGenNexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational, long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE," and on the Australian Securities Exchange under the ticker symbol "NXG," providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.Contact InformationLeigh Curyer
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
lcuryer@nxe-energy.ca
www.nexgenenergy.caTravis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
tmcpherson@nxe-energy.ca
www.nexgenenergy.caMonica Kras
Vice President, Corporate Development
NexGen Energy Ltd.
+44 7307 191933
mkras@nxe-energy.ca
www.nexgenenergy.caCautionary Note to U.S. InvestorsThis news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission ("SEC") set by the SEC's rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.Forward-Looking InformationThe 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, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. 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. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply 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 NexGen's 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 in the future.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, the existence of 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, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 3, 2026 filed with the securities commissions of all of the provinces of Canada except Quebec 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 intended. 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 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286359
Original: NexGen Receives Final Federal Approval for the Rook I Uranium Project
CA Market News
3月前
NexGen to Host Q4 2025 Conference CallMarch 2, 2026 7:24 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") is pleased to announce that the Company will host its 2025 fourth quarter conference call on Wednesday, March 4, 2026, at 8:30 am Eastern Standard Time. During the call, NexGen's Founder and Chief Executive Officer, Leigh Curyer, Chief Commercial Officer, Travis McPherson, and Chief Financial Officer, Benjamin Salter, will provide an update on the advancement of its 100% owned Rook I Project (the "Project"). This will include insights into the recent completion of the Canadian Nuclear Safety Commission ("CNSC") hearings, expansion at Patterson Corridor East ("PCE") and supporting infrastructure advancements, as well as they key milestones ahead for the Company in what promises to be a pivotal year. Call-in Details: Date: Wednesday, March 4, 2026
Time: 8:30 am Eastern Standard TimeParticipants should advise the operator that they are joining the "NexGen Energy Ltd. Conference Call" to gain admission to the event:North America Toll Free Number: 1-833-752-3734
Australia Local Toll Number: +61-3-8592-6289Participants accessing the call via either of the provided links will be automatically connected to the NexGen Energy Ltd. Conference Call:International HD Web Phone Access: Access Link
Call meTM : Call Me LinkPrior to the call, the Company will file its 2025 fourth quarter Financial Statements and Management Discussion & Analysis on Tuesday, March 3rd, after the North American markets close. These fillings will be available for review on the NexGen website under Reports and Filings and on the Company's SEDAR+ profile at www.sedarplus.com. In addition, a replay will be available on the NexGen website under Events & Presentations. Further Information is available at www.nexgenenergy.ca.About NexGenNexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low cost producing uranium mine globally, incorporating the most elite standards in environmental and social governance. The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE" and on the Australian Securities Exchange under the ticker symbol "NXG" providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.Contact InformationLeigh Curyer
Founder & Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
lcuryer@nxe-energy.ca
www.nexgenenergy.caTravis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
tmcpherson@nxe-energy.ca
www.nexgenenergy.caMonica Kras
Vice President, Corporate Development
NexGen Energy Ltd.
+44 (0) 7307 191933
mkras@nxe-energy.ca
www.nexgenenergy.caForward-Looking InformationThe 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, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. 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. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property, the results of planned exploration activities are as anticipated, the price and market supply 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 NexGen's 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 materially 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 in the future.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, the existence of 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, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 3, 2025 filed with the securities commissions of all of the provinces of Canada except Quebec 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 intended. 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 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285914
Original: NexGen to Host Q4 2025 Conference Call
CA Market News
3月前
Beyond Tech: The Hidden Winners of the AI Energy BoomFebruary 17, 2026 11:08 AM
PR Newswire (US)
Issued on behalf of Eagle Energy Metals Corp.VANCOUVER, BC, Feb. 17, 2026 /PRNewswire/ -- USANewsGroup.com News Commentary – President Trump's directive to quadruple nuclear capacity[1] is currently colliding with a projection that AI data center consumption could double by 2026[2]. This creates a friction point where utilities are seeking to plug critical gaps in baseload generation before any grid failures, putting a massive spotlight on the domestic value chain represented by Spring Valley Acquisition Corp. II (OTC: SVIIF), Centrus Energy (NYSE: LEU), Constellation Energy (NASAQ: CEG), NexGen Energy (NYSE: NXE) (TSX: NXE), and NuScale Power (NYSE: SMR).The timing is pivotal because analysts are tracking a structural supply deficit heading into 2026[3]; mine production does not appear to be keeping up with these aggressive reactor requirements. When you factor in the Department of Energy allocating $2.7 billion to expand domestic enrichment[4], it becomes apparent that sovereign resource control is now a primary investment thesis driving this cycle.Spring Valley Acquisition Corp. II (OTC: SVIIF) a special purpose acquisition company (SPAC) recently announced a pending merger with uranium miner Eagle Energy Metals, a next-generation nuclear energy company. The two companies announced this week that the SEC has declared its registration statement effective, clearing a key regulatory hurdle for its NASDAQ listing under the ticker NUCL. The company's shareholder meeting is scheduled for February 23, 2026, where investors will vote on the business combination. Notably, Spring Valley Acquisition Corp. II (OTC: SVIIF) is led by the same SPAC team that brought NuScale Power Corporation (NYSE: SMR) public in 2022.The registration approval follows Eagle Energy Metals' recent engagement with BBA USA Inc., a consulting firm tasked with designing a drilling campaign at the Aurora Uranium Project to support a Pre-Feasibility Study. Eagle Energy holds rights to what it describes as the largest open pit-constrained, measured and indicated uranium deposit in the United States. The Aurora deposit sits on the Oregon-Nevada border with 32.75 million pounds of indicated uranium and 4.98 million pounds inferred, based on over 500 drill holes."We're seeing sustained demand for nuclear power translate into real demand for uranium, particularly for projects located in the U.S.," said Mark Mukhija, CEO of Eagle Energy Metals. "Advancing Aurora with BBA is about making sure this asset is ready to meet that demand as the market continues to tighten."President Trump recently signed four executive orders aimed at removing regulatory barriers and quadrupling U.S. nuclear power over the next 25 years, while invoking the Defense Production Act to secure domestic uranium supply.Meanwhile, electricity demand is accelerating as AI, quantum computing, and cryptocurrency operations strain global grids. Meta recently announced plans to build a $10 billion AI data center in Louisiana powered by nuclear energy from Constellation Energy, while Microsoft, Amazon, Oracle, and Nvidia have struck major deals to power their operations with nuclear.Beyond uranium, Eagle Energy Metals also holds rights to Small Modular Reactor (SMR) technology. The company is advancing its asset as domestic uranium supply becomes increasingly prioritized.Centrus Energy (NYSE: LEU) has been awarded $900 million by the U.S. Department of Energy to expand its uranium enrichment facility in Piketon, Ohio, including commercial-scale production of High-Assay, Low-Enriched Uranium (HALEU). The company indicated that the project is expected to support thousands of American jobs, including 1,000 construction jobs and 300 new operating positions in Ohio, with the first new capacity expected to come online in 2029."This award represents a historic commitment to revitalizing America's nuclear fuel supply chain and reclaiming American nuclear leadership on the global stage," said Amir Vexler, CEO of Centrus Energy. "This award will catalyze additional private investment and supports the prospect of further expansion as the market continues to grow. Uranium enrichment in Ohio has a big future, and this is just the beginning."Centrus Energy has already announced that it has secured $2.3 billion in LEU purchase commitments from utilities and raised more than $1.2 billion in private capital via convertible note transactions to support its expansion plans. The total task order contract value with all options included reaches $1.07 billion, with up to $170 million in additional options to produce and deliver HALEU to the Department.Constellation Energy (NASDAQ: CEG) has completed its acquisition of Calpine Corporation from Energy Capital Partners, reportedly creating the nation's largest producer of electricity with 55 gigawatts of capacity. The combined organization unites Constellation Energy's zero-emission nuclear fleet with Calpine's natural gas and geothermal generation to serve more than 2.5 million retail and business customers nationwide."This isn't just about two great companies coming together – it's about strengthening America's future," said Joe Dominguez, CEO of Constellation Energy. "By uniting Constellation and Calpine, we're providing the reliable, clean energy that keeps our communities strong, our businesses competitive and our nation secure."Constellation Energy indicated that the acquisition strengthens its footprint in high-demand regions including Texas and California while maintaining significant operations in Illinois, Maryland, New York and Pennsylvania. With its expanded platform, the company indicated that it is positioned to scale new clean technologies including advanced nuclear, geothermal, carbon capture and sequestration, and long-duration storage.NexGen Energy (NYSE: NXE) (TSX: NXE) has announced the expansion of its high-grade subdomain at Patterson Corridor East, with the primary high-grade zone growing 23% in vertical extent from 335 m to 412 m across 210 m of strike length. The overall mineralized footprint expanded to 700 m vertical extent and 620 m strike length, with 67 of 102 drill holes returning mineralization including 17 intersecting off-scale readings."The 2025 drill program has rapidly advanced this new discovery, while underscoring the tremendous prospectivity of NexGen's 100% owned dominant land holdings which is driving the expanded activity in 2026," said Leigh Curyer, CEO of NexGen Energy. "The NexGen team is laser focused on concluding the final Federal permitting and licensing for the Rook I Project and immediately advancing through construction into production whilst simultaneously advancing the exciting PCE discovery and other high priority targets."NexGen Energy has announced that it has commenced a 45,500-meter 2026 exploration program, with 42,000 m of diamond drilling at PCE representing the largest program conducted at the discovery to date. The company will also conduct inaugural drilling at its 100% owned SW3 property with 3,500 m targeting high-priority greenfield areas in the southwest Athabasca Basin.NuScale Power (NYSE: SMR) announced that it has released study results from a techno-economic assessment conducted in collaboration with Oak Ridge National Laboratory demonstrating that its small modular reactor technology can profitably and reliably power commercial chemical plants. The two-year study found that a 12-NPM plant configuration is the most profitable, while a minimum 4-NPM configuration combined with boilers can meet all chemical plant requirements."As the first and only SMR to have our designs certified by the U.S. Nuclear Regulatory Commission (NRC), NuScale continues to lead in the development of new technologies to provide process heat and electricity," said Dr. José Reyes, Co-founder and CTO of NuScale Power. "Delivering high-temperature steam with NuScale's scalable architecture provides industrial users with unparalleled flexibility that can be integrated into their processes and offers a promising new path for them to explore."The study reportedly demonstrated that the NuScale integrated energy system could meet chemical plant requirements of 1.3 million kg/h of process steam at 400°C while also providing 73 MW of electric power. NuScale Power remains the only SMR provider with NRC-certified designs, positioning it to serve diverse customers across electrical generation, data centers, desalination, and hydrogen production.CONTACT:USA NEWS GROUP
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed by USA News Group on behalf of Market IQ Media Group Inc. ("MIQ"). MIQ has been paid a fee for Eagle Energy Metals Corp. advertising and digital media from Creative Digital Media Group ("CDMG"). There may be 3rd parties who may have shares of Eagle Energy Metals Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Eagle Energy Metals Corp. but reserve the right to buy and sell, and will buy and sell shares of Eagle Energy Metals Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved on behalf of Eagle Energy Metals Corp. by CDMG; this is a paid advertisement, we currently own shares of Eagle Energy Metals Corp. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Additional Information and Where to Find ItIn connection with the transactions (the "Proposed Business Combination") contemplated by the related Spring Valley Acquisition Corp. II ("SVII") merger agreement (the "A&R Merger Agreement") with Eagle Energy Metals Corp ("Eagle"), Eagle Nuclear Energy Corp. ("New Eagle") filed with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 (File No. 333-290631) (the "Registration Statement"), which was declared effective on January 30, 2026. On February 2, 2026, New Eagle also filed a final prospectus with respect to New Eagle's securities to be issued in connection with the Proposed Business Combination and a final proxy statement to be distributed to holders of SVII's Class A Ordinary Shares in connection with SVII's solicitation of proxies for the vote by SVII's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement (collectively, the "Proxy Statement"). This document does not contain all of the information that should be considered concerning the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that SVII, New Eagle or Eagle may file with the SEC. Before making any investment or voting decision, investors and security holders of SVII, New Eagle and Eagle are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about New Eagle, Eagle, SVII and the Proposed Business Combination. Investors and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by SVII, New Eagle or Eagle through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVII may be obtained free of charge from SVII's website at www.sv-ac.com or by directing a request to Spring Valley Acquisition Corp. II, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.Participants in the SolicitationNew Eagle, Eagle, SVII and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVII's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVII's directors and executive officers, please refer to SVII's Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on April 11, 2025 (the "2024 Form 10-K") and the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of SVII's shareholders generally, will be included in the Registration Statement and the Proxy Statement. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, carefully, before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.No Offer or SolicitationThis document shall not constitute a "solicitation" as defined in Section 14 of the Exchange Act. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom.Cautionary Note Regarding Forward-Looking StatementsCertain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, SVII's, New Eagle's, Eagle's, or their respective management teams' expectations concerning the Proposed Business Combination and expected benefits thereof; the outlook for Eagle's or New Eagle's business; the abilities to execute Eagle's or New Eagle's strategies; projected and estimated financial performance; anticipated industry trends; the future price of minerals; future capital expenditures; success of exploration activities; mining or processing issues; government regulation of mining operations; and environmental risks; as well as any information concerning possible or assumed future results of operations of Eagle or New Eagle. The forward-looking statements are based on the current expectations of the respective management teams of Eagle, New Eagle, and SVII, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVII's securities; (ii) the risk that the Proposed Business Combination may not be completed by SVII's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVII; (iii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination, including the approval of the A&R Merger Agreement by the shareholders of SVII and the receipt of regulatory approvals; (iv) market risks; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the A&R Merger Agreement; (vi) the effect of the announcement or pendency of the Proposed Business Combination on Eagle's business relationships, performance, and business generally; (vii) risks that the Proposed Business Combination disrupts current plans of Eagle and potential difficulties in its employee retention as a result of the Proposed Business Combination; (viii) the outcome of any legal proceedings that may be instituted against Eagle or SVII related to the A&R Merger Agreement or the Proposed Business Combination; (ix) failure to realize the anticipated benefits of the Proposed Business Combination; (x) the inability to meet listing requirements and maintain the listing of the combined company's securities on Nasdaq Capital Market or a comparable exchange; (xi) the risk that the price of the combined company's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro- economic and social environments affecting its business; (xii) fluctuations in spot and forward markets for lithium and uranium and certain other commodities (such as natural gas, fuel oil and electricity); (xiii) restrictions on mining in the jurisdictions in which Eagle operates; (xiv) laws and regulations governing Eagle's operation, exploration and development activities, and changes in such laws and regulations; (xv) Eagle's ability to obtain or renew the licenses and permits necessary for the operation and expansion of its existing operations and for the development, construction and commencement of new operations; (xvi) risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, potential unintended releases of contaminants, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding); (xvii) inherent risks associated with tailings facilities and heap leach operations, including failure or leakages; the speculative nature of mineral exploration and development; the inability to determine, with certainty, production and cost estimates; inadequate or unreliable infrastructure (such as roads, bridges, power sources and water supplies); (xviii) environmental regulations and legislation; (xix) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xx) risks relating to Eagle's exploration operations; (xxi) fluctuations in currency markets; (xxii) the volatility of the metals markets, and its potential to impact Eagle's ability to meet its financial obligations; (xxiii) disputes as to the validity of mining or exploration titles or claims or rights, which constitute most of Eagle's property holdings; (xxiv) Eagle's ability to complete and successfully integrate acquisitions; (xxv) increased competition in the mining industry for properties and equipment; (xxvi) limited supply of materials and supply chain disruptions; (xxvii) relations with and claims by indigenous populations; (xxviii) relations with and claims by local communities and non-governmental organizations; and (xxix) the risk that the Series A Preferred Stock Investment may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all. The foregoing list is not exhaustive, and there may be additional risks that neither SVII, Eagle, nor New Eagle presently know or that SVII, Eagle, and New Eagle currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in the "Risk Factors" section of the 2024 Form 10-K, the risks described or to be described in the Registration Statement, the Proxy Statement, and any amendments or supplements thereto, and those discussed and identified in filings made with the SEC by SVII, New Eagle or Eagle from time to time. Eagle, New Eagle, and SVII caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither Eagle, SVII, nor New Eagle undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that New Eagle, Eagle or SVII will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Proposed Business Combination, in SVII's public filings with the SEC, which are or will be (as appropriate) accessible at www.sec.gov, and which you are advised to review carefully.SOURCES:1. https://www.energy.gov/ne/articles/9-key-takeaways-president-trumps-executive-orders-nuclear-energy 2. https://www.iaea.org/bulletin/data-centres-artificial-intelligence-and-cryptocurrencies-eye-advanced-nuclear-to-meet-growing-power-needs 3. https://www.nasdaq.com/articles/uranium-price-forecast-top-trends-uranium-2026 4. https://www.energy.gov/articles/us-department-energy-awards-27-billion-restore-american-uranium-enrichment Logo - https://mma.prnewswire.com/media/2838876/5801166/USA_News_Group_Logo.jpg
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Original: Beyond Tech: The Hidden Winners of the AI Energy Boom
US Market News
4月前
Canadian Nuclear Safety Commission ("CNSC") Part 2 Commission Hearing for the Approval of the Rook I ProjectFebruary 9, 2026 11:59 AM
NewsfileLink to the Part 2 Commission Hearing that commenced at 9:00 am CST February 9, 2026: hereNexGen's Part 2 presentation video now available on NexGen's homepage: hereThis Hearing represents the final step in the Federal regulatory process prior to a CNSC approval decisionVancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") is pleased to be participating this week in Part 2 of the Canadian Nuclear Safety Commission ("CNSC") Commission Hearing for the Federal approval of the Company's 100%-owned Rook I Project (the "Project"). The Hearing follows Part 1 that was successfully completed on November 19, 2025. Part 2 proceedings are scheduled from February 9 to 12 and will provide involved parties and members of the public an opportunity to be heard before the Commission to make their views known regarding the advancement of the Project. The four identified and verified potentially impacted Indigenous Nations in the Local Priority Area ("LPA") are all speaking at the proceedings about the industry leading approach NexGen has taken and the unequivocal support they have for the approval of the Project.This exciting milestone represents the final step in the Federal regulatory approval process for the Rook I Project. It concludes more than 12 years of disciplined, comprehensive environmental and social studies, and highlights NexGen's transparent and genuine engagement approach with local and Indigenous communities that has delivered measurable, positive and generational benefits since 2013.NexGen is presenting a video during the Hearing that showcases the Company's guiding engagement principles and includes perspectives from Local Priority Area ("LPA") Indigenous and community leaders. The video also highlights NexGen's impactful community programs focused on education, training, mentorship, and health and wellness, demonstrating how together with LPA communities, a new standard is being set for responsible resource development-one founded on trust, respect and partnership to deliver enduring social, economic, and environmental benefits for local communities throughout all phases of the mine life, and beyond.The video can be found on NexGen's homepage: hereAbout NexGenNexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational, long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE," and on the Australian Securities Exchange under the ticker symbol "NXG," providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.Contact InformationLeigh Curyer
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
lcuryer@nxe-energy.ca
www.nexgenenergy.caTravis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
tmcpherson@nxe-energy.ca
www.nexgenenergy.caMonica Kras
Vice President, Corporate Development
NexGen Energy Ltd.
+44 7307 191933
mkras@nxe-energy.ca
www.nexgenenergy.caCautionary Note to U.S. InvestorsThis news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves, and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission ("SEC") set by the SEC's rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.Forward-Looking InformationThe 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, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. 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. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply 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 NexGen's 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 in the future.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, the existence of 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, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, 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 of Canada except Quebec 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 intended. 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 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283203
Original: Canadian Nuclear Safety Commission ("CNSC") Part 2 Commission Hearing for the Approval of the Rook I Project