NexGen Energy (NXE) Company Report

NexGen Energy Ltd. announced its highest-grade assay results to date from the Patterson Corridor East (PCE) with drill hole RK-25-256 on December 1, 2025.
Drill hole RK-25-256 returned 5.5 meters at 21.4% U3O8, including 2.5 meters at 46.1% U3O8 and 0.5 meters at 74.8% U3O8.
This high-grade uranium intersection is located 119 meters down-dip of drill hole RK-25-232 and an additional 51 meters down-dip of RK-25-254.
CEO Leigh Curyer stated that the 0.5 m 74.8% U3O8 places PCE in a "rare mineralized category on a world scale for uranium deposits".

4 days ago

6-K

NexGen Energy Participates in Final CNSC Hearing for Rook I Project Approval

NXE

New Projects/Investments

NexGen Energy Ltd. is participating in the first of two Canadian Nuclear Safety Commission (CNSC) hearings for the final Federal approval of its 100%-owned Rook I Project, which commenced on November 19, 2025.
These two-part public hearings represent the final step in the Federal regulatory process prior to a CNSC approval decision, following the Provincial Environmental Assessment approval in November 2023.
Upon a positive CNSC approval decision, NexGen plans to commence construction activities for the Rook I Project, which is being developed into the largest low-cost producing uranium mine globally.

Nov 19, 2025, 4:10 PM

6-K

NexGen Energy Announces Significant High-Grade Assay Results at Patterson Corridor East

NXE

New Projects/Investments

NexGen Energy Ltd. announced significant high-grade geochemical assay results from its Patterson Corridor East (PCE) discovery on November 12, 2025.
Key drillhole results include RK-25-254 with 10.5 meters at 11.3% U3O8 (including 4.0 meters at 29.4% U3O8) and RK-25-244 with 17.0 meters at 7.6% U3O8 (including 6.0 meters at 21.1% U3O8).
These results confirm strong continuity of the high-grade subdomain over 330 meters in vertical extent.
The overall mineralized footprint at PCE is currently defined as 600 meters along strike and 600 meters of vertical extent, with a high-grade subdomain of 210 meters in strike and 335 meters in vertical extent.
PCE is located 3.5 kilometers east of the Arrow deposit, with additional assay results pending for drillhole RK-25-256.

Nov 12, 2025, 12:10 PM

6-K

NexGen Energy Discusses Q3 2025 Results Amidst Accelerating Uranium Market and Rook I Project Progress

NXE

Earnings

New Projects/Investments

Revenue Acceleration/Inflection

NexGen reported on Q3 2025, highlighting a rapidly accelerating uranium market driven by unprecedented nuclear energy uptake and policy support, with spot prices rising 16% to $83.25 a pound and term prices reaching $86 per pound, the highest since May 2008.
The company is preparing for the first of two commission hearings for federal approval of its Rook I project on November 19, with the second scheduled for February 9-13, 2026, and is ready to commence construction immediately upon final approval.
NexGen successfully closed an AUD 1 billion global equity offering, significantly strengthening its financial position for the Rook I project, and is in advanced negotiations with utilities for long-term supply contracts, potentially including financing through prepayments or project interest.
The uranium market faces a significant demand-supply deficit, with the World Nuclear Association (WNA) projecting annual uranium demand to reach up to 530 million lbs per year over the next 15 years, compared to current demand of under 180 million lbs and 2024 primary supply of 150 million lbs.

Nov 6, 2025, 1:00 PM

Transcript

NexGen Energy Ltd. Reports Q3 2025 Net Loss and Secures Significant Equity Financing

NXE

Earnings

New Projects/Investments

Guidance Update

NexGen Energy Ltd. reported a net loss of $(129.2) million Canadian Dollars or $(0.23) basic loss per share for the three months ended September 30, 2025, a decrease from a net income of $10.3 million Canadian Dollars or $0.02 basic earnings per share in the prior year period, primarily due to a $128.1 million Canadian Dollars decrease in non-cash mark-to-market gain (loss) on convertible debentures.
As of September 30, 2025, the company had a working capital deficit of $319.9 million Canadian Dollars and $306.0 million Canadian Dollars in cash. However, subsequent to quarter-end, on October 15, 2025, NexGen closed a global equity offering raising approximately $953 million Canadian Dollars in gross proceeds, which is expected to provide sufficient working capital.
An interim trend update for the Rook I Project indicated an expected increase in pre-production capital costs from approximately C$1.3 billion to C$2.2 billion, and life-of-mine cash operating costs from C$7.58/lb U3O8 to approximately C$13.86/lb U3O8.
The company secured a new uranium offtake contract for 1 million pounds of uranium per year over a five-year period. Permitting for the Rook I Project is advancing, with the Final Federal Environmental Impact Statement accepted on January 28, 2025, and public hearing dates set for November 19, 2025, and February 9-13, 2026.

Nov 5, 2025, 11:05 PM

6-K

NexGen Energy Ltd. Closes A$1 Billion Global Equity Offering

NXE

New Projects/Investments

NexGen Energy Ltd. closed its global equity offering on October 16, 2025, raising approximately A$1 billion (C$950 million) in aggregate gross proceeds.
The offering included a North American Offering of 33,112,583 common shares at C$12.08 per share, generating C$400 million.
An Australian Offering contributed A$600 million from the sale of 45,801,527 common shares (as CHESS Depository Interests or CDIs) at A$13.10 per CDI.
The net proceeds are intended to advance engineering of the Rook I Project, cover Rook I pre-production capital costs, and serve general corporate purposes.

Oct 16, 2025, 10:32 AM

6-K

NexGen Energy Ltd. Launches and Upsizes Equity Financing

NXE

On October 1, 2025, NexGen Energy Ltd. launched an equity financing comprising a North American Offering and an Australian Offering.
The North American Offering involves the sale of 33,112,583 common shares at an Offering Price of $12.08 per share, aiming for gross proceeds of approximately C$400 million. This offering is underwritten by a syndicate led by Merrill Lynch Canada Inc..
The Australian Offering was initially for approximately AUD$400 million but was upsized on October 2, 2025, to 45,801,527 common shares at the same $12.08 per share Offering Price, for gross proceeds of approximately AUD$600 million. This offering is fully underwritten by Aitken Mount Capital Partners Pty Ltd.
NexGen will pay adviser fees of 4% of the gross proceeds for the Australian Offering and 5% of the gross proceeds for the North American Offering.

Oct 9, 2025, 9:05 PM

6-K

NexGen Energy Ltd. Announces Upsized Equity Offerings in Australia and North America

NXE

New Projects/Investments

NexGen Energy Ltd. announced an upsized AUD $600 million equity offering in Australia, involving 45,801,527 common shares at a price of A$13.10 per share.
Concurrently, the company launched a North American bought deal equity offering for approximately C$400 million, selling 33,112,583 common shares at C$12.08 per share.
The net proceeds from these offerings are intended to advance engineering of the Rook I Project, cover Rook I Pre-Production Capital Costs, and for general corporate purposes.
The offerings are expected to close on or about October 15, 2025, pending necessary regulatory approvals.

Oct 2, 2025, 12:44 PM

6-K

NexGen Energy Ltd. Announces C$400 Million Bought Deal and Concurrent AUD $400 Million Offering

NXE

New Projects/Investments

NexGen Energy Ltd. launched an equity financing on October 1, 2025, comprising a North American Offering and an Australian Offering.
The North American Offering consists of 33,112,583 common shares at C$12.08 per share, aiming for gross proceeds of approximately C$400 million.
Concurrently, an Australian Offering of 30,534,351 common shares targets gross proceeds of approximately AUD $400 million.
The net proceeds from the Offering are intended to advance engineering of the Rook I Project, cover Rook I Pre-Production Capital Costs, and for general corporate purposes.
The Offering is expected to close on or about October 15, 2025, pending necessary regulatory approvals.

Oct 1, 2025, 9:25 PM

6-K

NexGen Energy Announces New Off-Scale Mineralization at Patterson Corridor East

NXE

New Projects/Investments

NexGen Energy Ltd. announced new off-scale mineralization at Patterson Corridor East (PCE) from its summer drill program, with holes RK-25-254 and RK-25-256 intersecting 2.0 m and 2.1 m of cumulative >61,000 counts per second (cps), respectively.
These results are considered the best holes from the summer program to date, validating growth in high-grade continuity, and RK-25-254's intense high-grade intersection at 454.4 m depth is among the shallowest ever drilled by NexGen.
As of August 28, 2025, the company has completed 21,968.9 m of its planned 43,000 m 2025 drill program. Since discovery, 48 of 79 drillholes at PCE are mineralized, with 14 intersecting off-scale (>61,000 cps).

Aug 28, 2025, 10:47 AM

6-K

Earnings Transcripts

Quarterly earnings call transcripts for NexGen Energy.

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