NexGen Releases 2023 Sustainability Report
NexGen Releases 2023 Sustainability Report
Vancouver, BC, May 22, 2024 - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE:
NXE) (ASX: NXG) is pleased to announce the release of its 2023 Sustainability Report ("the Report") that
covers the period January 1, 2023 to December 31, 2023. The Report marks the fourth year that NexGen
has reported on the Company's robust Environmental, Social , and Governance (ESG) profile, and is again
in accordance with the Global Reporting Initiative (GRI) Standards.
The Report is available online on the Company's website: 2023 Sustainability Report
Leigh Curyer, Chief Executive Officer, commented: "2023 was a pivotal and momentous year for NexGen,
driven by our unwavering focus on responsible resource development and advancement of the clean
energy transition, while delivering exceptional economic, environmental, and social outcomes for all of our
stakeholders including our community partners in Northern Saskatchewan. Our vision and values are firmly
embedded in all our business practices and decision -making processes, and our disciplined and genuin e
approach has always demonstrated that responsible development can and should coexist with
environmental and social well -being. We continue to build on past practices to set a new standard for the
industry, as we progress the Rook I Project, which is poised to deliver the most material, secure , and
sustainable source of uranium globally for a low-carbon future.
Highlights in the Report Include:
Historic Benefit Agreement and Nation Partner Support
NexGen signed a historic Impact Benefit Agreement with the Métis Nation – Saskatchewan Northern Region
2 (“MN -S NR2”) and the Métis Nation – Saskatchewan (“MN -S”), marking the fourth and final Benefit
Agreement with Local Priority Area Nations, and confirming full support from Indigenous communities local
to the Rook I Project.
Provincial Environmental Assessment Approval
NexGen made material regulatory advancements for the Rook I Project, becoming the first Company in over
20 years to receive Provincial Environmental Assessment approval for a greenfield uranium mine and mill
project in Canada, and paving the way for the Federal regulators who are in the final stages of approval of
the Federal Envrionmental Assessment.
Expanded Training and Education Programs
NexGen initiated and funded a first-ever innovative collaboration with local industry, educational institutions,
and local communities for trades training and certification. These inaugural programs build on the
Company’s longstanding focus on creating a strong and thriving workforce, with a total 302 students
participating across the Company’s expanded education and training initiatives throughout 2023.
Diverse Top-Tier Talent
NexGen’s unique and strong culture is one that promotes a diverse and safe work environment where all
individuals are treated with respect and dignity. NexGen has demonstrated a unique approach to driving
diversity through community development and training that encourages strong female participation. This,
combined with NexGen’s culture, has resulted in 80% of site employees residing in the local communities
including 33% being female in 2023. Further, with the nomination of Susannah Pierce to the Company’s
Board of Directors, NexGen will have 30% female representation on its Board.
Unprecedented Community and Mentorship Initiatives
NexGen created unique mentorship opportunities for local northern Saskatchewan youth, including the
Youth Mentorship Program with the Vancouver Canucks. A total of 32 youth chosen by their community in
recognition of their commitment to health, wellness, a nd community stewardship, were hosted for a once -
in-a-lifetime experience, including mentorship by each business segment within the organi zation, learning
from players and staff about the power of resilience and accountability – two of NexGen’s core values , as
well as paying tribute to Indigenous culture.
Economic Capacity Building
NexGen facilitated the establishment of a 100% Indigenous owned and operated gravel supply company in
northwestern Saskatchewan, focusing on economic development , employment and capacity building
opportunities, with the business employing up to 16 local people. This gravel crushing business is already
a success with significant economic value being generated for the local community.
Environmental Stewardship
NexGen undertook impactful environmental initiatives, gaining important learnings through continued
environmental monitoring and collaborative projects, including GHG inventory, water use and monitoring,
waste management, rock storage, biodiversity initiatives, and progressive reclamation. This is on top of the
truly exceptional environmental impact NexGen will have on global GHG emissions reduction efforts by
powering over 46 million homes annually whist removing 70 million car-equivalents of CO2 off the road each
year.
The Report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards and has
been reviewed and approved by NexGen’s Executive Team, the Sustainability Committee as well as the full
Board of Directors. NexGen will continue to optimize its sustainability reporting in line with the Company’s
focus on accountability and transparency.
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 standard s in environmental and social governance. 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 en tire mining life cycle, including exploration, financing,
project engineering and construction, operations, and closure. NexGen is leveraging its proven experience
to deliver a Project that leads the entire mining industry socially, technically, and envir onmentally. 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 so lving 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
Vice President, Corporate Development
+44 7307 191933
http://www.nexgenenergy.ca
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 dril l 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 m ade 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 contr actors, 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, eq uipment 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 i n 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 factors
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 and 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 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 reli ance 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.