Nex gen february 2016 presentation ilovepdf-compressed

Arrow:ARapidlyGrowingUraniumDiscoveryFebruary2016

Disclaimer

nexgenenergy.com|TSX-V:NXE|JANUARY20162

Information Contained InThis Presentation

ThispresentationisasummarydescriptionofNexGen EnergyLtd.(“NexGen”orthe“Company”)anditsbusinessanddoesnotpurporttobecomplete.Thispresentationisnot,andinnocircumstancesisittobeconstruedas,aprospectus,anadvertisement,orapublicofferingofsecurities.NosecuritiesregulatoryauthorityorsimilarauthorityhasreviewedorinanywaypasseduponthedocumentorthemeritsoftheCompany’ssecuritiesandanyrepresentationtothecontraryisanoffence.

Exceptwhereotherwiseindicated,theinformationcontainedinthispresentationhasbeenpreparedbyNexGenandthereisnorepresentationorwarrantybyNexGen oranyotherpersonastotheaccuracyorcompletenessoftheinformationsetforthherein.ThispresentationincludesinformationonadjacentpropertiesthatwasobtainedfromvariouspubliclyavailablesourcesreferredtohereinandtheaccuracyandcompletenessofsuchinformationhasnotbeenverifiedbyNexGen.Exceptasotherwisestated,informationincludedinthispresentationisgivenasofthedatehereof.Neitherthedeliveryofthispresentationnoranysalemadeunderthetermsdescribedhereinshallimplythattheinformationhereiniscorrectasofanydateafterthedatehereof.

Alldollaramountsreferencedherein,unlessotherwiseindicated,areexpressedinCanadiandollars.

CautionaryNoteRegardingForward-lookingInformation

Thispresentationcontains“forward-lookinginformation”withinthemeaningofapplicablesecuritieslaws.Forward-lookinginformationincludesinclude,butarenotlimitedto,informationwithrespectplannedexplorationactivitiesincludingtheanticipatedcompletionofaresourceestimate,thefutureinterpretationofgeologicalinformation,explorationprogramcostestimates,thefuturepriceofuraniumandrequirementsforadditionalcapital.Generally,forward-lookinginformationcanbeidentifiedbytheuseofforward-lookingterminologysuchas“may”,“will”,“expect”,“believe”,“plan”,“project”,“anticipate”,“intend”,“estimate”andothersimilarterminology.

Forward-lookinginformationisbasedonthethencurrentexpectations,beliefs,assumptions,estimatesandforecastsaboutNexGen’s businessandtheindustryandmarketsinwhichitoperates.Forward-lookinginformationisbaseduponnumerousassumptionsincluding,amongothers,theresultsofplannedexplorationactivitiesareasanticipated,thepriceofuranium,theanticipatedcostofplannedexplorationactivities,thatgeneralbusinessandeconomicconditionswillnotchangeinamaterialadversemanner,thatfinancingwillbeavailableifandwhenneededandonreasonabletermsandthatthirdpartycontractors,equipment,suppliesandgovernmentalandotherapprovalsrequiredtoconductNexGen’s plannedexplorationactivitieswillbeavailableonreasonabletermsandinatimelymanner.

Certainfactorscouldcauseactualresults,performancesorachievementsofNexGen tobe

materiallydifferentfromfutureresults,performancesorachievementsexpressedorimpliedbysuchforward-lookinginformation,includingthetheriskthattheCompanyhasnegativeoperatingcashflowandisdependentonthirdpartyfinancing;uncertaintyofadditionalfunding,noknownmineralreservesormineralresources,pendingassayresultsmaynotbeconsistentwithpreliminaryresults,alternativesourcesofenergy,riskinherentinexplorationactivities;relianceonkeymanagement,failuretoobtainnecessarypermitsandapprovalsfromgovernmentauthoritiesenvironmentalandsafetyrisksincludingincreasedregulatoryburdens;apossibledeteriorationinpoliticalsupportfornuclearenergy;andotherrisksdescribedintheCompany’sannualinformationform.AlthoughNexGenhasattemptedtoidentifyimportantfactorsthatcouldcauseactualactions,eventsorresultstodiffermateriallyfromthosedescribedinforward-lookinginformation,theremaybeotherfactorsthatcauseactions,eventsorresultsnottobeasanticipated,estimatedorintended.

Therecanbenoassurancethatsuchinformationwillprovetobeaccurate,asactualresultsandfutureeventscoulddiffermateriallyfromthoseanticipatedinsuchinformation.Accordingly,readersshouldplaceunduerelianceonforwardlookinginformation.Theforwardlookinginformationcontainedinthispresentationaremadeasofthedateofthepresentation,andaccordingly,subjecttochangeaftersuchdate.NexGen doesnotundertaketoupdateanyforward-lookinginformation,exceptinaccordancewithapplicablesecuritieslaws.

TechnicalInformation

ThescientificandtechnicalinformationinthispresentationhasbeenpreparedorapprovedbyGarrettAinsworth,P.Geo.,VicePresident– Exploration&Development,a“qualifiedperson”withinthemeaningofNationalInstrument43-101– StandardsofDisclosureforMineralProjects.Mr.Ainsworthreviewedthedatadisclosedinthispresentation,includingthesampling,analyticalandtestdataunderlyingtheinformationcontainedinthispresentation.Mr.AinsworthverifiedthattheresultsareaccuratebyreviewingtheofficialassaycertificatesprovidedtotheCompany.ForadescriptionoftheCompany’squalityassuranceprogramandqualitycontrolmeasures,typeofsamples,sampleintervals,relevantanalyticalvaluesandtestingprocedurespleaserefertothe“TechnicalReportontheRookIProperty,SaskatchewanCanada”havinganeffectivedateofNovember30,2015,filedundertheCompany’sprofileatwww.sedar.com.

Summary

3

▷NexGen isledbyateamofhighlyexperienceduraniumprofessionalsthatspanthedisciplinesofexplorationthroughtoproduction.

People

▷Arrowis100%land-basedandremainsopeninalldirectionsandatdepth(currently645mstrike,235mwidth,820mverticalextent(from100mofsurface).ShapinguptobeoneoftheWorld’spreeminenturaniumassetsintermsofpotentialsizeandscale.

Projects

▷SaskatchewanCanadarated2nd bestminingjurisdictioninWorldbyFraserInstitutefor2015andisthesecondlargesturaniumproducingjurisdictioninWorldrepresenting16%ofglobalproduction.

Jurisdiction

nexgenenergy.com |TSX-V:NXE|JANUARY2016

The Athabasca Basin


1.00%U3O8=23.50g/tAu

Duetocoststructureofnewuranium

production, incentivepricefornewmines+US$70/lbU3O8

Averageresourcegradesinthe

AthabascaBasin>100xglobal average

TwoofthreeminesinCanadaareunderseveretechnicalriskduetogeologicalcharacteristics.

WorldNuclearAssociation(2015),RaymondJamesLtd.BasedonUS$45/lbU&US$1,300/oz Au

Athabasca Basin Setting


▷ Sandstone-hosted deposits (egress type) tend to have mining challenges due to the fact the mineralization is ‘perched’ within the unconsolidated and wet Athabasca Sandstone unit.

▷ Arrow is a basement-hosted zone (ingress type) which is analogous to Cameco’s Eagle Point mine.

CompanyReports,NexGen Energy

Southwest Athabasca Basin


Focus: Discoveranddevelophigh-gradeuraniumassetswithglobalscaleandtechnicalsimplicity inthemosttimeandcostefficientmannerpossible.

▷ Cluff LakeMine70kmtonorthwestofArrowoperatedover90’sbyAREVA

ImageCameco Corp.

Dominant Land Position


▷ NexGen holdsthemostdominantlandpositionintheSouthwesternAthabascaBasinstraddlingandgoingintotheBasinboundaryandhostingall knownconductorcorridors.

▷ Potentialforallthreedeposittypes:basement-hosted(Arrow),unconformity-hostedandsandstone-hosted.

Geophysical Success at Arrow


▷ DisruptedVTEMconductor

▷ Edgeofmagneticgradient

▷ Withingravitylowanomaly

Project Overview


▷ NexGen hasemployedauniqueapproachtodrillingArrowwhichconsistsof:

• Widestep-outs:upto200metrestosystematically testthemineralization

• +95%angledholes:Arrowis4stackedparallel shearsenablingeachangledhole tointersect2-3shears

• Capitalallocation:NexGen puts$10intoexplorationforevery$1ofG&A

Arrow: 4 High-Grade Shears


▷ Current plan view of Arrow zone.

▷ Currentlyconsistsof4verticalparallel shears;A1,A2,A3andA4thattrendalongstrikenortheast-to-southwest.

▷ EnablesNexGen todevelopArrowquicklybydrillingangledholeswhichpierceupto3shears.

▷ Arrowiscurrentlydefinedashaving645mstrikelength,235mwidthand820mverticalextent (startingfrom100mofsurface).

▷ Arrowisopeninalldirectionsandatdepth.

A2 High-Grade Core Zone


▷ A2shearwasdiscoveredinFebruary2014with1st drillholeintotarget.

▷ CurrentdimensionsofA2high-gradecorezone:

• Strike:300m• Vertical:340m• TrueWidth:11-48.3m

▷ Strongcontinuityofhigh-grademineralizationthroughoutA2.

▷ HoststhehighergradeA2sub-zone.

Higher Grade A2 Sub-Zone


▷ HighergradeA2sub-zonecurrentlyspans203minstrike.

▷ Sub-zonecharacterizedbydenseaccumulationsofmassivetosemi-massivepitchblendemineralizationcontinuouslyacross203mstrikelength.

▷ Allholeswithassaysreturnedfromsub-zonehavecontinuousgradexthicknesses(“GT”)of>200to787

Best Angled Drill Holes in Basin


▷ Arrow hosts the top 2 best angled holes drilled into basement-hosted mineralization in the Athabasca Basin (based on continuous grade X thickness on public record).

▷ Only82drillholesintoArrowyethasalreadyintersected3separateholeswith>600continuousGTs.

1.)CompanyReports,Dundee,NexGen

A3 High-Grade Core Zone


▷ A3shearzonediscoveredinwinter2015drilling.

▷ Remainsopeninalldirectionsandatdepth.

▷ Broadandcontinuoushigh-grademineralizationencounteredthroughoutA3.

▷ Recent interceptscontinuetoproveuphigh-gradenatureincluding:

• AR-15-61c2:[email protected]%U3O8

• AR-15-57c3:[email protected]%U3O8

Unprecedented Speed of Development


▷Summer2014(A2) ▷Winter2015(A2) ▷Summer2015(A2)

▷Winter2015(A3) ▷Summer2015(A3)

A Look at Arrow From Underground


Northeast NorthwestSoutheast Southwest

MadewithLeapfrogsoftwareanda0.05%U3O8cut-off.NoNI43-101hasbeenpublishedfortheArrowzonetodate.

Arrow: Perspective on Scale


CNTowerTotalheight:553m(~2/3rdsheightofArrow)

ArrowTotalheight:820m(startingfrom100mofsurface)

MadewithLeapfrogsoftwareanda0.05%U3O8cut-off.NoNI43-101hasbeenpublishedfortheArrowzonetodate.

▷Arrowremainsopenineverydirectionandatdepth.

The Eagle Point Analogy

nexgenenergy.com|TSX-V:NXE|JANUARY201618 1.)NexGen hasnotverifiedtheinformationregardingEaglePointandinformationregardingEaglePointisnotnecessarilyindicativeofmineralizationatRookI.SeeCameco Corp.

▷ Cameco’s Eagle Point mine mined usingtraditional methods (blasthole stoping)

▷ Rabbit Lake produced 198Mlbs since1975

Timeline


H1/2016

30,000mwinterdrillingcommenced

---Beginmetallurgical,

geotechnical,hydrogeological

testing---

Releasemaidenresourceestimate

forArrow

H2/2016

Completewinter2016drilling---

Largesummer2016drillingandcontinuedenvironmentalworkin

preparationforpermitting

---Ongoingtestworkto

formbasisofeconomicstudy

2017

Winterandsummerdrill campaigns

---Ongoingbaseline

monitoring,metallurgical,

geotechnicalandhydrogeological

studies---

Economicstudybyend2017touseasbasisforpermitapplication

Bow: Brand New Discovery


▷ Brandnewhigh-gradeuraniumdiscovery3.8kmnortheastalongtrendfromArrow.

▷ Follows‘pearlsonastring’patternofuraniumdiscoveries seenontheEasternAthabascaBasin.

▷ Currentlydefinedashavingstrikelengthof350mandremainsopeninalldirections.

▷ Winter2016drillingwillfocusonPattersonTrend.

▷ Highlights include::• BO-15-10:9.5m@

0.20%U3O8,[email protected]%U3O8

Why Uranium?


0GreenhouseGas

Emissions

Uranium - Demand


▷ China represents the fastest growing demand for nuclear anywhere in World in three decades.

▷ Chinahas26reactorsoperating,25underconstruction,43plannedand136proposedversusthecurrentglobalreactor fleetof394.

▷ China’sgoalof58GWby2020and150GWby2030.

WorldNuclearAssociation,RaymondJamesLtd.

Uranium - Supply


▷ 90% of global mine supply under severe technical or sovereign risk.

▷ Saskatchewanranked#2bestminingjurisdictionbyFraserInstitutein2015,but2of3operatingminesunderseveretechnical risk.

▷ Highconcentrationofsupplywithtop10minesaccountingfor+50%ofannualuraniumproduction.

WorldNuclearAssociation,RaymondJamesLtd.

Uranium - Outlook

nexgenenergy.com|TSX-V:NXE|JANUARY201624 WorldNuclearAssociation,RaymondJamesLtd.

▷ Demand is expected to outpace total uranium supply by 2018 whereby nuclear utilities will have to either turn off reactors (challenging and expensive) or pay higher prices for nuclear feed.

Summary


✩ NexGen isledbyateamofhighlyexperienceduraniumprofessionalsthatspanthedisciplinesofexplorationthroughtoproduction.

People

✩ Arrowis100%land-basedandremainsopeninalldirectionsandatdepth(currently645mstrike,235mwidth,820mverticalextent(from100mofsurface).ShapinguptobeoneoftheWorld’spreeminenturaniumassetsintermsofpotentialsizeandscale.

Projects

✩ SaskatchewanCanadarated2nd bestminingjurisdictioninWorldbyFraserInstitutefor2015andisthesecondlargesturaniumproducingjurisdictioninWorldrepresenting16%ofglobalproduction.

Jurisdiction

Contact


▷Formoreinformationplease visit:www.nexgenenergy.ca orcontact:

TravisMcPherson – CorporateDevelopment ManagerPhone:+1.604.428.4112Email:[email protected]

Appendicies


Capital Structure


Shares Issued 287,845,820

FullyDiluted 334,541,790

Cash $33 million

Debt None

InsiderOwnership 5%

Shareholders ▷ 1832AssetManagement▷ Blackrock▷ Fidelity▷ Rosseau AssetManagement▷ RBCGlobal AssetManagement▷ CQSManagementLtd.

WarrantsOptions

▷ 19,611,524(weighted averagepriceof$0.60)▷ 27,084,446(weightedaveragepriceof$0.50)

1.)SharestructureasatJanuary31,2016.CashasofFebruary2,2016.

Management


Name ExperienceLeighCuryer - CEO ▷ CharteredAccountant with+20yearsexperienceandex-CFOof

SouthernCross Resources(nowUraniumOne)▷ Managed exploration,feasibilityandpermittingofHoneymoon

UraniumProjectinSouthAustralia▷ Ex-HeadCorproate DevelopmentatAccordNuclearResources

Managementassessing globaluraniumassetsforFirstReserveInternational

GarrettAinsworthBSc,PGeo – VPExploration

▷ Professional geologistandformerProjectManagerforAlphaMinerals-Fission 50/50JVonPattersonLakeSouthprojectfrom2007to2013

▷ Stakedclaims,boulder prospecting andleddrillprogramsthatledtodiscovery ofR00E,R390EandR780Ezones

▷ WonAMEBC2014Colin SpenceAwardfordiscovery ofPattersonLakeSouth

TravisMcPherson– CorporateDevelopmentManager

▷ Ex-Head CorporateDevelopmentforTSX-listedgoldproducer▷ M&A,debtandequity, permitting,budgeting,investorrelationsand

corporatestrategyexperience

GraceMarosits - CFO ▷ CharteredAccountantwithpublic practiceandcorporateexperienceincludingDeloitte,Westcost EnergyandBallardPower

JoannaCameron– VPLegal ▷ Lawyerwith+20yearsexperienceinexploration andmining▷ Ex-partnerCassels Brock&BlackwellLLP

Board of Directors


Name ExperienceChristopherMcFadden (Chairman) ▷ Lawyerwith+20yearsexperienceinexploration andmining

▷ CommercialGeneralMangerforRio Tinto

RichardPatricio ▷ Lawyer with+15yearscapitalmarketsexperience▷ CEOandPresidentofMegaUraniumandPinetree Capital

TrevorJ.Thiele ▷ CharteredAccountantwith+30yearsexperienceincapitalmarketsincluding CFOofmajorAustralianAgribusinesses (EldersandViterra)

CraigParry ▷ Geologistex-Rio Tinto,Oxiana LimitedandG-Resources▷ FoundingmemberofTigers RealmGroup

GerryFeldman ▷ CharteredAccountantwith+28yearsexperienceinpublicmarkets▷ Ex-partnerinanumberofaccountingfirms

JamesCurrie ▷ MiningEngineerwith+35yearsexperienceandcurrentCOOofPretium Resources

▷ WonAMEBC2014E.A.Scholz Awardfordevelopment ofNewAftonmineforNewGold

AndrewBrowne(TechnicalAdvisoryHead)

▷ Uraniumgeologistwith+43yearsexperience▷ Keymember ofexplorationteamsatJabiluka andRanger1No.3

Deeps

Innovative Mining at Cigar Lake


▷ Cigar Lake is World’s highest grade uranium mine, but comes with significant technical challenges.

▷ DuetofactorebodylocatedinwetandunconsolidatedSandstone450mbelowsurface,Cameco developedJetBoringminingsystemwhichrequires freezingthedepositandsurroundingrockandminingtheorewithhighlypressurizedwaterjets.

▷ ArrowisbasementhostedwhichmeansNOcomplicatedfreezingwouldberequiredasthemineralization ishostedsolelyinthecompetentbasementrocks.

Economy & Finance

Nex gen february 2016 presentation ilovepdf-compressed