VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is excited to announce its upcoming third quarter conference call, scheduled for Wednesday, November 22, 2023, at 10:00 am Eastern Standard Time.
During the conference call, NexGen’s executive team, including President and Chief Executive Officer Leigh Curyer, Chief Commercial Officer Travis McPherson, and Chief Financial Officer Benjamin Salter, will provide a comprehensive update on the company’s highly anticipated Rook I Project. The call will cover a range of topics, including the recent Provincial Environmental Assessment approval, updates on Federal permitting and licensing, progress on the Project confirmation program, recent financing, and insights into the current uranium market dynamics. The call will also feature an interactive question and answer session, allowing participants to engage directly with the NexGen team.
Date: Wednesday, November 22, 2023
Time: 10:00 am Eastern Standard Time
RapidConnect URL: [https://emportal.ink/3sVPtx7](https://emportal.ink/3sVPtx7)
North America Toll Free: 1-888-664-6392
For those unable to attend the live conference call, a replay will be made available on the NexGen website under the Events & Presentations section.
NexGen Energy is a Canadian company at the forefront of delivering clean energy fuel for the future. With its flagship Rook I Project, NexGen aims to develop the largest low-cost uranium mine globally while upholding the highest environmental and social governance standards. This ambitious project is supported by a NI 43-101 compliant Feasibility Study, which outlines the exemplary environmental performance and industry-leading economics of the Rook I Project. The team at NexGen consists of seasoned professionals with expertise across the entire mining life cycle, ensuring a holistic approach to exploration, financing, project engineering, construction, operations, and closure. By leveraging their proven experience, NexGen is determined to set new benchmarks in social, technical, and environmental standards within the mining industry. The Rook I Project and the company’s prospective portfolio in northern Saskatchewan will not only generate long-term economic benefits but also contribute to the global challenges of decarbonization, energy security, and access to power.
Q: What is NexGen Energy’s focus?
A: NexGen Energy is focused on delivering clean energy fuel for the future.
Q: What is the Rook I Project?
A: The Rook I Project is NexGen Energy’s flagship project, aiming to become the largest low-cost producing uranium mine globally.
Q: What does the Provincial Environmental Assessment approval signify?
A: The recent Provincial Environmental Assessment approval is a significant milestone for the Rook I Project, highlighting its adherence to rigorous environmental standards.
Q: How can participants engage during the conference call?
A: The conference call will include an interactive question and answer session, allowing participants to directly engage with NexGen’s executive team.
Q: Where can I find a replay of the conference call?
A: A replay will be available on the NexGen website under the Events & Presentations section.
Q: What are some of the long-term benefits of the Rook I Project?
A: The Rook I Project is expected to provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world.
Q: Where is NexGen Energy headquartered?
A: NexGen Energy’s headquarters are located in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.
Q: What are the ticker symbols for NexGen Energy?
A: NexGen Energy is listed on the Toronto Stock Exchange under “NXE,” the New York Stock Exchange under “NXE,” and the Australian Securities Exchange under “NXG.”
Cautionary Note to U.S. Investors
This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission (“SEC”) set by the SEC’s rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.
The information contained herein contains “forward-looking statements” within the meaning of applicable United States securities laws and regulations and “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Statements relating to “mineral resources” are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.
Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen’s business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property, the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen’s planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a materially adverse manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third-party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the