NexGen Announces Resignation Of Director
NexGen Announces Resignation Of Director
Vancouver, BC, December 12, 2017 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE
MKT:NXE) announces the resignation of Dr. Mark O’Dea from the Company’s Board of Directors, effective
December 12, 2017 due to the recently increased demands of his other professional commitments. The Board
of Directors express their appreciation for Dr. O’Dea’s contributions to the Company, and wish him the best
with his endeavours.
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 prospective uranium exploration assets in the Athabasca Basin, Saskatchewan,
Canada, including a 100% interest in Rook I, location of the Arrow Deposit in February 2014, the Bow discovery
in March 2015, the Harpoon discovery in August 2016 and the Arrow South discovery in July 2017. The Arrow
deposit’s updated mineral resource estimate with an effective date of December 20, 2016 was released in
March 2017, and comprised 179.5 M lbs U3O8 contained in 1.18 M tonnes grading 6.88% U3O8 in the Indicated
Mineral Resource category and an additional 122.1 M lbs U3O8 contained in 4.25 M tonnes grading 1.30%
U3O8 in the Inferred Mineral Resource category.
Leigh Curyer
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
www.nexgenenergy.ca
Travis McPherson
Vice President Corporate Development
NexGen Energy Ltd.
+1 604 428 4112
http://www.nexgenenergy.ca
For Media Inquiries:
Jonathan Goldberg
KCSA Strategic Communications
+1 212 896 1282
Technical Information
For 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 please refer to the
technical report entitled “Technical Report on the Preliminary Economic Assessment of the Arrow Deposit,
Rook 1 Property, Province of Saskatchewan, Canada” dated effective September 1, 2017 (the “Rook 1 Technical
Report”) prepared by Jason J. Cox, David M. Robson, Mark B. Mathisen, David A. Ross, Val Coetzee and Mark
Wittrup, 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.
U.S. investors are advised that while the terms "indicated resources" and "inferred resources" are recognized
and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize these
terms. U.S. investors are cautioned not to assume that any part or all of the material in these categories will
ever be converted into mineral reserves.
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‐looking information" within the meaning of applicable
Canadian securities legislation. “Forward‐looking information” 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 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
proposed transaction will be completed, the results of planned exploration activities are as anticipated, the price 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 material 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
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, deficiencies 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 31, 2017 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 information 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.