NexGen Vitality Ltd. (“NexGen” or the “Firm”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is happy to announce the appointment of Ivan Mullany to the Firm’s Board of Administrators.

Leigh Curyer, Chief Govt Officer, commented: “On behalf NexGen Vitality’s Govt and Board of Administrators, we’re very happy to welcome Mr. Ivan Mullany .  Mr. Mullany has in depth information and expertise within the profitable execution of world mining mission building and operational excellence.  Mr. Mullany is becoming a member of an skilled group devoted to the accountable growth of the Rook I Venture that may create vital generational advantages to Saskatchewan and Canada , whereas enjoying a number one function globally within the supply of unpolluted power gas. Mr Mullany’s expertise and expertise are a wonderful complement to the Board and well timed, as Rook I advances into Detailed Engineering in 2023.

Ivan Mullany

Mr. Mullany, BSc, Majoring in Extractive Metallurgy, CIMM, FAusIMM, has over 35 years in mining mission administration with broad worldwide experiences.  Most just lately, with Newmont Company and its predecessor Goldcorp Inc. on the Senior Management Crew, he led quite a few main initiatives, collectively in extra of $18 Billion , throughout the engineering examine, building and execution levels.

About NexGen

NexGen Vitality is a Canadian firm targeted on delivering clear power gas for the longer term.  The Firm’s flagship Rook I Venture is being optimally developed into the most important low value producing uranium mine globally, incorporating probably the most elite requirements in environmental and social governance.  The Rook I Venture is supported by a NI 43-101 compliant Feasibility Research which outlines the elite environmental efficiency and trade main economics. NexGen is led by a group of skilled uranium and mining trade professionals with experience throughout the complete mining life cycle, together with exploration, financing, mission engineering and building, operations and closure.  NexGen is leveraging its confirmed expertise to ship a Venture that leads the complete mining trade socially, technically and environmentally.  The Venture and potential portfolio in northern Saskatchewan will present generational long-term financial, environmental, and social advantages for Saskatchewan, Canada , and the world.

NexGen is listed on the Toronto Inventory Change, the New York Inventory Change beneath the ticker image “NXE” and on the Australian Securities Change beneath the ticker image “NXG” offering entry to international buyers to take part in NexGen’s mission of fixing three main international challenges in decarbonization, power safety and entry to energy.  The Firm is headquartered in Vancouver, British Columbia , with its major operations workplace in Saskatoon, Saskatchewan .

Contact Data

Leigh Curyer
Chief Govt Officer
NexGen Vitality Ltd.
+1 604 428 4112
lcuryer@nexgenenergy.ca
www.nexgenenergy.ca

Travis McPherson
Chief Business Officer
NexGen Vitality Ltd.
+1 604 428 4112
tmcpherson@nexgenenergy.ca
http://www.nexgenenergy.ca

Ahead-Wanting Data

The knowledge contained herein accommodates “forward-looking statements” inside the which means of relevant United States securities legal guidelines and laws and “forward-looking info” inside the which means of relevant Canadian securities laws. “Ahead-looking info” consists of, however isn’t restricted to, statements with respect to mineral reserve and mineral useful resource estimates, the 2021 Arrow Deposit, Rook I Venture and estimates of uranium manufacturing, grade and long-term common uranium costs, anticipated results of accomplished drill outcomes on the Rook I Venture, deliberate work packages, completion of additional website investigations and engineering work to assist fundamental engineering of the mission and anticipated outcomes. Usually, however not all the time, forward-looking info and statements will be recognized by way of phrases akin to “plans”, “expects”, “is predicted”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the unfavorable connotation thereof or variations of such phrases and phrases or state that sure actions, occasions or outcomes “could”, “might”, “would”, “may” or “shall be taken”, “happen” or “be achieved” or the unfavorable connotation thereof. Statements regarding “mineral sources” are deemed to be forward-looking info, as they contain the implied evaluation that, based mostly on sure estimates and assumptions, the mineral sources described will be profitably produced sooner or later.

Ahead-looking info and statements are based mostly on the then present expectations, beliefs, assumptions, estimates and forecasts about NexGen’s enterprise and the trade and markets by which it operates. Ahead-looking info and statements are made based mostly upon quite a few assumptions, together with amongst others, that the mineral reserve and sources estimates and the important thing assumptions and parameters on which such estimates are based mostly are as set out on this information launch and the technical report for the property , the outcomes of deliberate exploration actions are as anticipated, the value and market provide of uranium, the price of deliberate exploration actions, that financing shall be out there if and when wanted and on affordable phrases, that third celebration contractors, gear, provides and governmental and different approvals required to conduct NexGen’s deliberate exploration actions shall be out there on affordable phrases and in a well timed method and that basic enterprise and financial circumstances won’t change in a fabric adversarial method. Though the assumptions made by the Firm in offering ahead wanting info or making ahead wanting statements are thought-about affordable by administration on the time, there will be no assurance that such assumptions will show to be correct sooner or later.

Ahead-looking info and statements additionally contain identified and unknown dangers and uncertainties and different elements, which can trigger precise outcomes, performances and achievements of NexGen to vary materially from any projections of outcomes, performances and achievements of NexGen expressed or implied by such forward-looking info or statements, together with, amongst others, the existence of unfavorable working money circulate and dependence on third celebration financing, uncertainty of the supply of further financing, the danger that pending assay outcomes won’t verify beforehand introduced preliminary outcomes, conclusions of financial valuations, the danger that precise outcomes of exploration actions shall be completely different than anticipated, the price of labour, gear or supplies will enhance greater than anticipated, that the longer term value of uranium will decline or in any other case not rise to an financial stage, the enchantment of alternate sources of power to uranium-produced power, that the Canadian greenback will strengthen in opposition to the U.S. greenback, that mineral sources and reserves aren’t as estimated, that precise prices or precise outcomes of reclamation actions are better than anticipated, that modifications in mission parameters and plans proceed to be refined and should lead to elevated prices, of sudden variations in mineral sources and reserves, grade or restoration charges or different dangers typically related to mining, unanticipated delays in acquiring governmental, regulatory or First Nations approvals, dangers associated to First Nations title and session, reliance upon key administration and different personnel, deficiencies within the Firm’s title to its properties, uninsurable dangers, failure to handle conflicts of curiosity, failure to acquire or preserve required permits and licences, dangers associated to modifications in legal guidelines, laws, coverage and public notion, in addition to these elements or different dangers as extra totally described in NexGen’s Annual Data Kind dated February 25, 2022 filed with the securities commissions of the entire provinces of Canada besides Quebec and in NexGen’s 40-F filed with america Securities and Change Fee, which can be found on SEDAR at www.sedar.com and Edgar at www.sec.gov .

Though the Firm has tried to establish vital elements that would trigger precise outcomes to vary materially from these contained within the forward-looking info or statements or implied by forward-looking info or statements, there could also be different elements that trigger outcomes to not be as anticipated, estimated or meant.  Readers are cautioned to not place undue reliance on forward-looking info or statements because of the inherent uncertainty thereof.

There will be no assurance that forward-looking info and statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated, estimated or meant. Accordingly, readers mustn’t place undue reliance on forward-looking statements or info. The Firm undertakes no obligation to replace or reissue forward-looking info because of new info or occasions besides as required by relevant securities legal guidelines .

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SOURCE NexGen Vitality Ltd.

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