Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Metals & Mining Industrial Metals & Minerals

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.

TSX:NXE - Post by User

Nexgen Energy Ltd

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Comment by teeveeon Oct 02, 2015 10:13am

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Post# 24156703

RE:RE:RE:Eastern Athabasca Projects (Radio, Thorburn, 2Z etc)

preparing for a spin out, and for a hostile takeover attempt both make sense. Just the cost of land retention
on NXE's extensive holdings brings with it dilution and a distraction from focusing on Arrow, so a spin out
makes sense. Given the success at Arrow, a hostile offer appears probable at some point in time, so hiring
a QC with experience in this area will help extract maximum value for shareholders. Note that it takes at
least two bidders to get the best possible price.

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