Freeport Resources

NexGen Energy Appoints Dr. Mark O'Dea to Board of Directors

Nov. 9, 2016 - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX:NXE, OTCQX:NXGEF) is pleased to announce the appointment of Dr. Mark O'Dea as an independent non-executive director, effective November 8, 2016.

Leigh Curyer, Chief Executive Officer, commented: "We are delighted to welcome Dr. O'Dea to the Board of Directors of NexGen.  His track record in all facets of resource project development is very relevant considering the stage of Arrow and complements the existing skills and experience of the Board. Everyone at NexGen is looking forward to working with Mark as we progress the project through development."

Mark O'Dea PhD., P.Geo.

Mark O'Dea has played leadership roles in founding, financing and building numerous mining companies, creating over $3 billion in shareholder value. As Co-Founder, CEO and Director, he grew Fronteer Gold from start-up to its sale in 2011 to Newmont Mining, which included the spin-out of Pilot Gold. Dr. O'Dea also co-founded and served as CEO and Director of Aurora Energy which was sold to Paladin in 2011. He co-founded True North Nickel which was sold to Royal Nickel in 2014, and most recently co-founded and served as Executive Chairman of True Gold Mining which was sold to Endeavour Mining in 2016. He is the founder of Oxygen Capital Corp., and currently serves as Chairman of the Board of Pilot Gold and as Director of Pure Gold Mining. He has received numerous business and industry awards, including the Globe and Mail's Top 40 Under 40, winner of the EY Entrepreneur of the Year 2014 Pacific mining and metals category, and the AMEBC's Murray Pezim Award for perseverance and success in financing mineral exploration.

About NexGen

NexGen is a British Columbia corporation with a focus on the acquisition, exploration and development of Canadian uranium projects. NexGen has a highly experienced team of uranium industry professionals with a successful track record in the discovery of uranium deposits and in developing projects through discovery to production.

NexGen owns a portfolio of highly prospective uranium exploration assets in the Athabasca Basin, Saskatchewan, Canada, including a 100% interest in Rook I, location of the Arrow Discovery in February 2014, Bow Discovery in March 2015 and Harpoon Discovery in August 2016. The Arrow Deposit's maiden Inferred mineral resource estimate is 201.9 M lbs U3O8 contained in 3.48 M tonnes grading 2.63% U3O8.

SOURCE NexGen Energy

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