VANCOUVER, Nov. 15, 2018 /CNW/ - NexGen Energy Ltd.
("NexGen" or the "Company") (TSX: NXE, NYSE MKT: NXE) is pleased to announce it is the recipient of the 2019 Environmental
& Social Responsibility Award given by the Prospectors & Developers Association of Canada ("PDAC"), the leading voice of the mineral exploration and development community.
The PDAC Environmental & Social Responsibility award recognizes an organization's effort in protecting and preserving the
natural environment and establishing positive community relations during the exploration phase or operation of a mine.
Leigh Curyer, Chief Executive Officer, commented: "The receipt of this award recognizes NexGen's commitment to all aspects of
its operations, communities and the environment in which it conducts activities. The NexGen team's culture of creating positive
impacts for all reflects our core objective which extends beyond bringing a mine into production. We look forward to expanding
the scope and breadth of our programs previously initiated as we head into 2019 conducting the largest campaign since
incorporation in 2011. On behalf of the Executive and Board of NexGen, I would like to thank everyone involved for their
dedication and conduct in the pursuit of what has been achieved to date and their relentless focus on future initiatives."
The 41st annual PDAC awards showcase exceptional leaders in the mineral exploration and mining community.
Recipients will be celebrated at an Awards Gala & After Party at the
Fairmont Royal York Hotel in Toronto on Tuesday, March 5 during
the PDAC 2019 Convention.
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.
NexGen is the recipient of the PDAC's 2018 Bill Dennis Award and the 2019 Environmental and Social Responsibility Award.
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.
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SOURCE NexGen Energy Ltd.
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