NexGen Announces Appointment of Brad Wall, the Former Premier of Saskatchewan, to its Board of Directors
NexGen Announces Appointment of Brad Wall, the Former Premier of
Saskatchewan, to its Board of Directors
Vancouver, BC, March 21, 2019 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE)
is pleased to announce the appointment of former Saskatchewan Premier Mr. Brad Wall to the Company’s Board
of Directors. This appointment coincides with the retirement fro m t h e N e x G e n B o a r d o f C r a i g P a r r y , C h i e f
Executive Officer of IsoEnergy and founding member of the Board of Directors at NexGen, who is moving onto
the Technical Advisory Committee.
Leigh Curyer, Chief Executive Officer, commented: "On behalf of the Executive and Board of NexGen we are very
pleased to welcome Mr. Brad Wall. Mr. Wall brings to NexGen ext ensive national energy policy, political and
economic experience and has demonstrated a very strong commitment, results and advocacy in the best
interests of Saskatchewan and Canada over his entire career. Mr Wall in his capacity as a director to NexGen is
joining a team dedicated to developing a Canadian energy project that will deliver significant generational
benefits to Saskatchewan and Canada and set new standards in responsible project development.
I would also like to take the opportunity to thank Craig Parry, one of our founding Directors, for his dedication
and support during his tenure as a director. In his capacity as Chief Executive Officer of IsoEnergy, which recently
made a significant uranium discovery, we look forward to Craig’ s continued valuable contribution to the group
a s h e p r i m a r i l y f o c u s e s h i s e f f o r ts on the exciting Hurricane Zone with NexGen being a significant long‐term
shareholder.”
Brad Wall
As the 14th Premier of Saskatchewan, Mr. Wall brings to NexGen’s Board political experience spanning over a 20
year period. During his tenure as Premier, Mr. Wall led the province to unprecedented economic expansion,
strong population and export growth, record infrastructure inve stment and the first ever and continuing AAA
credit for the Province’s finances. Mr. Wall worked successfully with the previous federal government to achieve
nuclear cooperation agreements between Canada and both India an d China opening up those civilian nuclear
energy markets to Canadian uranium. He is an advocate for sust ainable, inclusive economic development and
provides strategic insight to the energy sector.
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 i n d e v e l o p i n g p r o j e c t s t h r o u g h d i s c o v e r y t o
production. NexGen owns a 100% interest in Rook I, location of the Arrow Deposit in the Athabasca Basin,
Saskatchewan, Canada and a portfolio of prospective uranium exp loration projects throughout northwest
Saskatchewan. NexGen is the recipient of the PDAC's 2018 Bill D ennis Award and the 2019 Environmental and
Social Responsibility Award.
Contact Information
Leigh Curyer
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
Travis McPherson
Vice President Corporate Development
NexGen Energy Ltd.
+1 604 428 4112
www.nexgenenergy.ca
Technical Disclosure
The technical information in this news release with respect to the PFS has been reviewed and approved by Paul
O’Hara, P.Eng. of Wood., David Robson, P.Eng., M.B.A., and Jason Cox, P.Eng. of RPA, each of whom is a “qualified
person” under National Instrument 43‐101 – Standards of Disclosure for Mineral Projects (“NI‐43‐101”).
The Mineral Resource Estimate was completed by Mr. Mark Mathise n, C.P.G., Senior Geologist at RPA and Mr.
David Ross, P.Geo., Director of Resource Estimation and Principal Geologist at RPA. Both are independent
Qualified Persons in accordance with the requirements of National Instrument (NI) 43‐101 and they have
approved the disclosure herein. All other technical information in this news release has been approved by Mr.
Troy Boisjoli, Geoscientist Licensee, Vice President – Operations & Project Development for NexGen. Mr. Boisjoli
is a qualified person for the purposes of NI 43‐101 and has verified the sampling, analytical, and test data
underlying the information or opinions contained herein by revi ewing original data certificates and monitoring
all of the data collection protocols. All other technical info rmation in this news release has been approved by
Mr. James Hatley, a Professional Engineer, Senior Vice‐President – Project Development for NexGen. Mr. Hatley
is a qualified person for the purposes of NI 43‐101 and has reviewed the underlying the information or opinions
contained herein on mine design.
A technical report in respect to the PFS is filed on SEDAR ( www.sedar.com) and EDGAR
(www.sec.gov/edgar.shtml) and is available for review on NexGen Energy’s website (www.nexgenenergy.ca).
SEC Standards
Estimates of mineralization and other technical information inc luded or referenced in this news release have
been prepared in accordance with NI 43‐101. The definitions of proven and probable mineral reserves used in NI
43‐101 differ from the definitions in SEC Industry Guide 7. Und er SEC Industry Guide 7 standards, a “final” or
“bankable” feasibility study is required to report reserves, th e three‐year historical average price is used in any
reserve or cash flow analysis to designate reserves and the pri mary environmental analysis or report must be
filed with the appropriate governmental authority. As a result, the reserves reported by the Company in
accordance with NI 43‐101 may not qualify as “reserves” under S EC standards. In addition, the terms “mineral
resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are
defined in and required to be disclosed by NI 43‐101; however, these terms are not defined terms under SEC
Industry Guide 7 and normally are not permitted to be used in reports and registration statements filed with the
SEC. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Investors are
cautioned not to assume that any part or all of the mineral dep osits in these categories will ever be converted
into reserves. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and great
uncertainty as to their economic and legal feasibility. It cann ot be assumed that all or any part of an inferred
mineral resource will ever be upgraded to a higher category. Under Canadian securities laws, estimates of
inferred mineral resources may not form the basis of feasibilit y or pre‐feasibility studies, except in rare cases.
Additionally, disclosure of “contained pounds” in a resource is permitted disclosure under Canadian securities
laws; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves”
by SEC standards as in place tonnage and grade without referenc e to unit measurements. Accordingly,
information contained or referenced in this news release containing descriptions of the Company’s mineral
deposits may not be comparable to similar information made publ ic by U.S. companies subject to the reporting
and disclosure requirements of United States federal securities laws and the rules and regulations thereunder.
Technical Information
For details of the Rook I Project including the quality assuran ce program and quality control measures applied
and key assumptions, parameters and methods used to estimate the Mineral Resource please refer to the
t e c h n i c a l r e p o r t e n t i t l e d " A r r o w D e p o s i t , R o o k I P r o j e c t S a s k a tchewan NI 43‐101 Technical Report on Pre‐
feasbility Study" dated effective 5 November, 2018 (the "Rook 1 Technical Report") prepared by Paul O’Hara,
P.Eng., Jason J. Cox, P.Eng., David M. Robson, P.Eng., M.B.A., Mark B. Mathisen, C.P.G. each of whom is a
"qualified person" under NI 43‐101. The Rook I Technical Report is available for review under the Company's
profile on SEDAR at www.sedar.com and EDGAR (www.sec.gov/edgar.shtml) providing details of the Rook I
Project including the quality assurance program and quality control measures applied and key assumptions,
parameters and methods used to estimate the Mineral Resource an d is available on NexGen Energy’s website
(www.nexgenenergy.ca).
Forward‐Looking Information
The information contained herein contains "forward‐looking statements" within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and "forward‐l ooking information" within the meaning of
applicable Canadian securities legislation. "Forward‐looking in formation" includes, but is not limited to,
statements with respect to the activities, events or developments that the Company expects or anticipates will or
may occur in the future. 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.
Forward‐looking information and statements are based on the the n current expectations, beliefs, assumptions,
estimates and forecasts about NexGen's business and the industr y and markets in which it operates. Forward‐
looking information and statements are made based upon numerous assumptions, including among others, that
the proposed transaction will be completed, the results of plan ned exploration activities are as anticipated, the
price of uranium, the cost of planned exploration activities, t hat financing will be avail able if and when needed
and on reasonable terms, that third party contractors, equipmen t, 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 material adverse
manner. Although the assumptions made by the Company in providi ng forward looking information or making
forward looking statements are considered reasonable by managem ent at the time, there can be no assurance
that such assumptions will prove to be accurate.
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, 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, imprecision of mineral resource estimates, the appeal of
alternate sources of energy and sustained low uranium prices, aboriginal title and consultation issues, exploration
risks, reliance upon key management and other personnel, defici encies in the Company's title to its properties,
uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and
licenses, changes in laws, regulations and policy, competition for resources and financing, and other factors
discussed or referred to in the Company's Annual Information Form dated March 2, 2018 under "Risk Factors".
Although the Company has attempted to identify important factors that could cause actual results to differ
materially from those contained in the forward‐looking informat ion or implied by forward‐looking information,
there may be other factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that forward‐looking information and statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated, estimated or intended. Accordingly,
readers should not place undue reliance on forward‐looking statements or information. The Company undertakes
no obligation to update or reissue forward‐looking information as a result of new information or events except
as required by applicable securities laws.
SOURCE NexGen Energy Ltd.