07:03 AM EST, 12/04/2024 (MT Newswires) -- NexGen Energy ( NXE ) , up 2.2% in premarket trading, on Wednesday said it won the first uranium sales agreements with several U.S. nuclear utility companies.

According to a statement, the company has been awarded 5 million pounds of uranium sales in contracts featuring market-related pricing mechanisms at time of delivery.

"These offtake awards with premier US utilities represents a pivotal moment for NexGen. They underscore the premier quality and scalability of the Rook I Project, whilst offering diversification of supply from existing centralized sources," said Chief Executive Leigh Curyer. "Further, the terms of these awards reflect market related pricing mechanisms at the time of delivery reflecting NexGen's long-term stated strategy of optimizing the value of each pound produced."

Nexgen was last seen up US$0.18 to US$8.30 in New York premarket trading.