VANCOUVER, BC, June 11, 2021 /PRNewswire/ - NexGen Energy
Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE MKT:
NXE) is pleased to announce the voting results from all
business items considered at its Annual Meeting of Shareholders
("Meeting"), held on June 10, 2021.
All matters of business were passed, and all nine director nominees
were elected representing a total of 238,833,198 or 50.74% of the
Company's outstanding shares. The details of the proxy voting for
directors are set out below:
Nominee
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
Leigh
Curyer
|
202,844,997
|
99.94%
|
127,467
|
0.06%
|
Christopher
McFadden
|
188,910,590
|
93.07%
|
14,061,874
|
6.93%
|
Richard
Patricio
|
142,312,647
|
70.11%
|
60,659,817
|
29.89%
|
Trevor
Thiele
|
190,853,953
|
94.03%
|
12,118,511
|
5.97%
|
Warren
Gilman
|
144,454,289
|
71.17%
|
58,518,175
|
28.83%
|
Sybil
Veenman
|
200,534,861
|
98.80%
|
2,437,603
|
1.20%
|
Karri
Howlett
|
202,551,613
|
99.79%
|
420,851
|
0.21%
|
Brad Wall
|
197,784,135
|
97.44%
|
5,188,329
|
2.56%
|
Don
Roberts
|
195,151,199
|
96.15%
|
7,821,265
|
3.85%
|
Detailed voting results for all matters considered at the
meeting will be available on SEDAR at www.sedar.com.
About NexGen
NexGen is a British Columbia
corporation with a focus on developing the Rook I Project located
in the southwestern Athabasca
Basin, Saskatchewan, Canada into
production. Rook I hosts the Arrow Deposit that hosts Measured
Mineral Resources of 209.6 M lbs of
U3O8 contained in 2.18 M tonnes
grading 4.35% U3O8, Indicated Mineral Resources of 47.1 M lbs of U3O8 contained in 1.57 M tonnes grading 1.36% U3O8, and Inferred
Mineral Resources of 80.7 M lbs of
U3O8 contained in 4.40 M tonnes
grading 0.83% U3O8. Arrow's development is supported by a NI 43-101
compliant Feasibility Study which outlines industry leading 'next
generation' designs implementing elite environmental performance as
well as industry leading strong economics.
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. The Company is the recipient of the 2018 PDAC Bill
Dennis Award for Canadian mineral discovery and the 2019 PDAC
Environmental and Social Responsibility Award.
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, 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
made 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 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 factors or other risks as more fully described in NexGen's
Annual Information Form dated March 11,
2020 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 be
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
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.