NexGen Releases 2022 Sustainability Report
NexGen Releases 2022 Sustainability Report
Vancouver, BC, April 26, 2023 – NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE)
(ASX: NXG) is pleased to announce the release of its 2022 Sustainability Report ("the Report") that covers the
period January 1 to December 31, 2022. The Report marks the third year that NexGen has reported on the
Company's robust Environmental, Social and Governance (ESG) profile and is the first report that fully
incorporates all aspects of Global Reporting Initiatives (GRI) compliance. The Report is available online on the
Company's website: https://nexgenenergy2021corp.q4web.com/sustainability/default.aspx#esg
Leigh Curyer, Chief Executive Officer , commented: "2022 was a year of significant achievements for NexGen,
which are a direct reflection of the Company's values in action. NexGen again extended its reach, expanded its
community programs, and increased its impact with meaningful initiatives for optimal Indigenous, community, and
stakeholder benefits. The Company also completed important environmental work that has been undertaken to
further optimize and enhance the benefits as we advance the Rook I Project through the regulatory process. We
are proud to be working diligently and responsibly to deliver clean energy fuel for the globe to meaningfully and
positively impact the energy transition , access to energy and e nergy security, all while creating generational
benefits for all of our valued stakeholders."
Highlights in the Report Include:
Unprecedented Engagement
2022 marked an unprecedented number of key e ngagements, including Joint Working Group meetings,
Implementation Committee and Environment Committee meetings, open houses, presentations, signings, site visits
and tours, workshops, community newsletters and monthly radio announcements, and informal discussions.
Environmental Assessment
The Report outlines the critical environmental work that has been undertaken through the finalization and
submission of the Environmental Impact Statement (EIS) for the development of the Rook I Project (the Project),
which incorporates a decade of detailed data collection, analysis, and design, and highlights the Company's long-
term and disciplined planning approach for elite environmental and social outcomes for local communities, the
Province of Saskatchewan, and Canada. Further, the 2022 Re port includes additional disclosures on energy
consumption by fuel type, water management activities involved in the day -to-day running of NexGen's Rook I
camp and use during drill programs, and waste processing and management.
Expanded Community Programs
NexGen expanded community programs for youth in the areas of health and wellness, education, training, and
career development , including the funding for a series of trades training and certification programs that are
foundational to the creation of meaningful employment and a sustainable economy for communities local to the
Rook I Project.
Greenhouse Gas ("GHG") Emissions Inventory
The Report includes the Company's second GHG emissions inventory, including Scope 1 (direct), Scope 2 (indirect
from the generation of purchased electricity), and Scope 3 (other indirect – business travel) emissions as well as
biogenic carbon associated with land use change. NexGen's GHG emissions in 2022 totalled 3,763 tonnes of carbon
dioxide equivalent.
NexGen will continue to optimize its Sustainability reporting in line with the Company's elite standards approach
to all aspects of its business.
About NexGen
NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's
flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally,
incorporating the most elite environmental and social governance standards. The Rook I Project is supported by a
NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry-leading
economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across
the entire mining life cycle, including exploration, financing, project engineering and construction, operations, and
closure. NexGen is leveraging its proven experience to deliver a Project that socially, technically and
environmentally leads the entire mining industry. The Project and prospective portfolio in northern Saskatchewan
will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and
the world.
NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE,"
and on the Australian Securities Exchange under the ticker symbol "NXG," providing access to global investors to
participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and
access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office
in Saskatoon, Saskatchewan.
Contact Information
Leigh Curyer
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
www.nexgenenergy.ca
Travis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
http://www.nexgenenergy.ca
Monica Kras
VP, Corporate Development
NexGen Energy Ltd.
+44 7307 191933
http://www.nexgenenergy.ca
Technical Disclosure
All technical information in this news release has been reviewed and approved by Kevin Small, NexGen's
Senior Vice President, Engineering and Operations, a qualified person under National Instrument 43-101.
A technical report in respect of the FS is file d 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 ).
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 Mine ral 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.
Forward-Looking Information
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, pl anned 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 wor ds
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 resu lts "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, bas ed 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 pa rameters 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 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 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 risk that actual results of exploration activities will be different than anticipated, the cost of
labour, equipment or materials will increase more than expected, that the future price of uranium will decline
or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium -produced
energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves
are not as estimated, that actual costs or actual results of reclamation activities are greater than expected,
that changes in project parameters and plans continue to be refined and may result in increased costs, of
unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally
associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals,
risks related to First Nations title and consultation, 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 licences, risks related to changes in laws, regulations, policy
and public perception, as well as those f actors or other risks as more fully described in NexGen's Annual
Information Form dated February 24, 2023 filed with the securities commissions of all of the provinces
of Canada except Quebec and in NexGen's 40 -F filed with the United States Securities an d Exchange
Commission, which are available on SEDAR at www.sedar.com and Edgar at www.sec.gov .
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 statements or implied by forward-looking
information or statements, there may b e other factors that cause results not to be as anticipated, estimated
or intended. Readers are cautioned not to place undue reliance on forward-looking information or statements
due to the inherent uncertainty thereof.
There can be no assurance that f orward-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.