NexGen's High-Grade Drill Results Signal a Bright 2017

Disclosures from Dundee Capital Partners Research Report, NexGen Energy Ltd., Dec. 20, 2016 and Dec. 14, 2016

Dundee Capital Partners has written procedures designed to identify and manage potential conflicts of interest that arise in connection with its research and other businesses. The compensation of each Research Analyst/Associate involved in the preparation of this research report is based competitively upon several criteria, including performance assessment criteria, the quality of research and the value of the services they provide to clients of DCP. The Research Analyst compensation pool includes revenues from several sources, including sales, trading and investment banking. Research analysts and associates do not receive compensation based upon revenues from specific investment banking transactions.

Dundee Capital Partners generally restricts any research analyst/associate and any member of his or her household from executing trades in the securities of a company that such research analyst covers.

Research Analyst Certification: Each Research Analyst and/or Associate who is involved in the preparation of this research report hereby certifies that:

• the views and recommendations expressed herein accurately reflect his/her personal views about any and all of the securities or issuers that are the subject matter of this research report;

• his/her compensation is not and will not be directly related to the specific recommendations or views expressed by the Research Analyst in this research report;

• they have not affected a trade in a security of any class of the issuer whether directly or indirectly through derivatives within the 30-day period prior to the publication of this research report;

• they have not distributed or discussed this Research Report to/with the issuer, investment banking at DCP or any other third party except for the sole purpose of verifying factual information;

• they are unaware of any other potential conflicts of interest.

The Research Analyst involved in the preparation of this research report does not have any authority whatsoever (actual, implied or apparent) to act on behalf of any issuer mentioned in this research report.

Disclosures from Resource Maven, NexGen Energy Ltd., Dec. 14, 2016

Companies are selected based solely on merit; fees are not paid.

The publisher, owner, writer or their affiliates may own securities of or may have participated in the financings of some or all of the companies mentioned in this publication.

Maven is not registered as a securities broker-dealer or an investment adviser in any jurisdiction.