NexGen Appoints Bruce Sprague and Shawn Harriman
NexGen Appoints Bruce Sprague and Shawn Harriman
Vancouver, BC, November 13 , 2017 – NexGen Energy Ltd. (“ NexGen” or the “ Company”) ( TSX:NXE,
NYSEMKT:NXE) is plea sed to announce the appointment of Bruce Sprague as Chief Financial Officer and
Shawn Harriman as Senior Manager, Permitting, Environment and Regulatory Affairs of the Company
effective as of November 13, 2017.
Leigh Curyer, Chief Executive Officer of the Company, commented: “These two appointments reflect
NexGen’s rapid progression in size and scale of activities as the Company continues to develop Arrow and set
elite standards in every aspect of our operations. On behalf of the Board and executive I would like to
welcome Bru ce and Shawn to the NexGen team. Both bring extensive experience from the top of their
respective fields and I look forward to working with both of them on the delivery of NexGen’s objectives.”
Bruce Sprague:
Bruce Sprague was most recently Partner, Canadian Mining and Metals Sector for Ernst & Young and has over
25 years of experience advising multinational and emerging corporations on business issues in a broad range
of countries. Mr. Sprague led key client teams for some the largest Canada -based m ining companies on
strategic business initiatives and growth platforms . He is also a frequent lecturer at numerous mining
industry forums on a broad range of topics and an author for several publications on tax and mining issues.
Mr. Sprague is currently a member of the Board of Directors of the Association for Mineral Exploration of
British Columbia (AMEBC), a member of the Industry Advisory Committee for the UBC Norman B. Keevil
Institute of Mining Engineering, a member of the Advisory Council of the Can adian International Resources
and Development Institute (CIRDI) and a former member of the Board of Directors for the Prospectors and
Developers Association of Canada (PDAC).
Mr. Sprague is a Chartered Accountant, Certified Public Accountant (U.S.), Charte red Financial Planner and
holds a Bachelor of Commerce Degree from Carleton University.
Shawn Harriman:
Shawn Harriman has over 10 years experience with Cameco Corp. located in the Athabasca Basin ,
Saskatchewan where he has developed extensive experience in the areas of environmental management and
regulatory affairs . M ost recently , Mr. Harriman w as Cameco Corp.’s Superintendent, Safety, Health,
Radiation, Environment, Quality and Regulatory Affairs. His experience includes implementing and managing
environmental monitoring and protection programs and ISO14001 certified environmental management
systems at an operational level. As the regulatory point of contact, Mr. Harriman has worked extensively with
Provincial and F ederal regulatory authorities and has direct experience in the approvals and licensing
processes, including management of effluent treatment operations and multiple tailings management
facilities.
In addition to his experience in uranium operations, Mr. Harriman previously worked in environmental
consulting where he was involved in a number of environmental monitoring and baseline programs for a
variety of mining clients throughout Saskatchewan. He holds a degree in Environmental and Conservation
Sciences from the University of Alberta. Mr. Harriman will continue to live and work in Saskatoon.
NexGen also announces that Grace Marosists, curren t Chief Financial Officer, has become Vice President,
Finance and Information Technology at NexGen effective immediately. Grace has overseen the financial
reporting function of NexGen from when the Company had a market capitalization of ~$50M to currently
~$1BN and has graduated from the TSX-V to the TSX and a dual NYSE listing. She now takes on an expanded
role and responsibility encompassing advanced accounting systems implementation and management for
NexGen as the Company advances through development.
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 portfoli o 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 South Arrow 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 to nnes
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 en titled “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, e vents 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.