Annual Report (foreign Private Issuer) (40-f)
February 25 2022 - 6:52PM
Edgar (US Regulatory)
falseFY0001698535--12-31Short-term compensation to key management personnel for the year ended December 31, 2021 amounted to $6,214 (2020 - $4,772) of which $5,954 (2020 - $4,122) was expensed and included in salaries, benefits, and directors’ fees on the statement of net loss and comprehensive loss. The remaining $260 (2020 - $650) was capitalized to exploration and evaluation assets.Share-based payments to key management personnel for the year ended December 31, 2021 amounted to $29,231 (2020 - $8,624) of which $28,766 (2020 - $8,451) was expensed and $465 (2020 - $173) was capitalized to exploration and evaluation assets.The Company used consulting services from a company associated with one of its employees in relation to various studies for the year ended December 31, 2021 amounting to $82 (2020 - $nil).The Company used consulting services from a company associated with one of its directors in relation to advice on corporate matters for the year ended December 31, 2021 amounting to $130 (2020 - $130). 0001698535 2021-01-01 2021-12-31 0001698535 2020-01-01 2020-12-31 0001698535 2021-12-31 0001698535 2021-06-30 0001698535 2020-12-31 0001698535 2021-06-30 2021-06-30 0001698535 2021-12-10 2021-12-10 0001698535 2020-06-08 2020-06-08 0001698535 2020-12-10 2020-12-10 0001698535 2021-02-03 2021-02-03 0001698535 2021-06-10 2021-06-10 0001698535 2021-08-31 0001698535 2021-02-18 2021-02-18 0001698535 2021-02-23 2021-02-23 0001698535 2019-12-31 0001698535 nxe:IsoenergyLtdMember 2021-01-01 2021-12-31 0001698535 nxe:NXEEnergyRoyaltyLtdMember 2021-01-01 2021-12-31 0001698535 nxe:NXEEnergySwOneLtdMember 2021-01-01 2021-12-31 0001698535 nxe:NXEEnergySWThreeLtdMember 2021-01-01 2021-12-31 0001698535 ifrs-full:ComputerEquipmentMember 2021-01-01 2021-12-31 0001698535 ifrs-full:ComputerSoftwareMember 2021-01-01 2021-12-31 0001698535 nxe:FieldEquipmentMember 2021-01-01 2021-12-31 0001698535 nxe:RookOnePropertyMember 2021-01-01 2021-12-31 0001698535 nxe:LarocqueEastPropertyMember nxe:IsoenergyLtdMember 2021-01-01 2021-12-31 0001698535 nxe:DonationsMember 2021-01-01 2021-12-31 0001698535 nxe:NetCapitalLossesMember 2021-01-01 2021-12-31 0001698535 nxe:NoncapitalLossesAvailableForFuturePeriodsMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:GeneralExplorationAndDrillingMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:GeneralExplorationAndDrillingMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:GeneralExplorationAndDrillingMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:GeneralExplorationAndDrillingMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:EnvironmentalPermittingAndEngagementMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:EnvironmentalPermittingAndEngagementMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:EnvironmentalPermittingAndEngagementMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:EnvironmentalPermittingAndEngagementMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:TechnicalEngineeringAndDesignMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:TechnicalEngineeringAndDesignMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:TechnicalEngineeringAndDesignMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:TechnicalEngineeringAndDesignMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:GeochemistryAndAssaysMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:GeochemistryAndAssaysMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:GeochemistryAndAssaysMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:GeochemistryAndAssaysMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:GeologicalAndGeophysicalMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:GeologicalAndGeophysicalMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:GeologicalAndGeophysicalMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:GeologicalAndGeophysicalMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:LabourAndWagesMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:LabourAndWagesMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:LabourAndWagesMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:LabourAndWagesMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:SharebasedPaymentsMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:SharebasedPaymentsMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:SharebasedPaymentsMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:SharebasedPaymentsMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:TravelMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:TravelMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:TravelMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:TravelMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember 2021-01-01 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember 2021-01-01 2021-12-31 0001698535 nxe:RoadMember 2021-01-01 2021-12-31 0001698535 ifrs-full:VehiclesMember 2021-01-01 2021-12-31 0001698535 nxe:IsoenergyLtdMember nxe:RadioProjectMember 2021-01-01 2021-12-31 0001698535 nxe:ThorburnLakeProjectMember nxe:IsoenergyLtdMember 2021-01-01 2021-12-31 0001698535 nxe:Madison2zCarlsonCreekAndNorthThorburnPropertiesMember nxe:IsoenergyLtdMember 2021-01-01 2021-12-31 0001698535 nxe:GeigerPropertyMember nxe:IsoenergyLtdMember 2021-01-01 2021-12-31 0001698535 nxe:SalariesEmployeesBenefitsAndDirectorsFeeMember 2021-01-01 2021-12-31 0001698535 nxe:CapitalizedToExplorationAndEvaluationAssetsMember 2021-01-01 2021-12-31 0001698535 nxe:TwoThousandSeventeenDebenturesMember 2021-01-01 2021-12-31 0001698535 nxe:FieldEquipmentMember ifrs-full:AtCostMember 2021-01-01 2021-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember ifrs-full:AtCostMember 2021-01-01 2021-12-31 0001698535 nxe:AccumulatedDepreciationMember nxe:FieldEquipmentMember 2021-01-01 2021-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember nxe:AccumulatedDepreciationMember 2021-01-01 2021-12-31 0001698535 ifrs-full:ComputerEquipmentMember ifrs-full:AtCostMember 2021-01-01 2021-12-31 0001698535 ifrs-full:ComputerSoftwareMember ifrs-full:AtCostMember 2021-01-01 2021-12-31 0001698535 ifrs-full:AtCostMember 2021-01-01 2021-12-31 0001698535 ifrs-full:ComputerEquipmentMember nxe:AccumulatedDepreciationMember 2021-01-01 2021-12-31 0001698535 ifrs-full:ComputerSoftwareMember nxe:AccumulatedDepreciationMember 2021-01-01 2021-12-31 0001698535 nxe:AccumulatedDepreciationMember nxe:RoadMember 2021-01-01 2021-12-31 0001698535 nxe:AccumulatedDepreciationMember 2021-01-01 2021-12-31 0001698535 nxe:TwoZeroTwoZeroDebenturesMember 2021-01-01 2021-12-31 0001698535 nxe:IsoEnergyDebenturesMember 2021-01-01 2021-12-31 0001698535 nxe:AcquisitionCostsMember nxe:RookOnePropertyMember 2021-01-01 2021-12-31 0001698535 nxe:AcquisitionCostsMember nxe:OtherAthabascaBasinPropertiesMember 2021-01-01 2021-12-31 0001698535 nxe:AcquisitionCostsMember nxe:IsoenergyLtdMember 2021-01-01 2021-12-31 0001698535 nxe:AcquisitionCostsMember 2021-01-01 2021-12-31 0001698535 nxe:FourPointFiveThreeExercisePriceExpiredOnAprilFirstTwoThousandTwentySixMember 2021-01-01 2021-12-31 0001698535 nxe:FivePointOneSixExercisePriceExpiredOnFebruarySixteenTwoThousandTwentySixMember 2021-01-01 2021-12-31 0001698535 nxe:FivePointFourFourExercisePriceExpiredOnDecemberFourteenthTwoThousandTwentySixMember 2021-01-01 2021-12-31 0001698535 nxe:FivePointEightFourExercisePriceExpiredOnJuneTenthTwoThousandTwentySixMember 2021-01-01 2021-12-31 0001698535 nxe:FourPointNineFiveExercisePriceExpiringOnDecemberElevenTwoThousandAndTwentyFiveMember 2021-01-01 2021-12-31 0001698535 nxe:OnePointEightExercisePriceExpiringOnJuneTwelfthTwoThousandAndTwentyFiveMember 2021-01-01 2021-12-31 0001698535 nxe:OnePointFiveNineExercisePriceExpireOnDecemberTwentyFourTwoThousandTwentyFourMember 2021-01-01 2021-12-31 0001698535 nxe:OnePointNineTwoExercisePriceExpiredOnJuneTwelveTwoThousandAndTwentyFourMember 2021-01-01 2021-12-31 0001698535 nxe:OnePointFiveNineExercisePriceExpiredOnAugustSixteenTwoThousandAndTwentyFourMember 2021-01-01 2021-12-31 0001698535 nxe:TwoPointTwoTwoExercisePriceExpiredOnMarchTwentySevenTwoThousandAndTwentyFourMember 2021-01-01 2021-12-31 0001698535 nxe:TwoPointFourNineExercisePriceExpiredOnAugustTwentyOneTwoThousandAndTwentyThreeMember 2021-01-01 2021-12-31 0001698535 nxe:TwoPointFourOneExercisePriceExpiredOnDecemberThirtyOneTwoThousandAndTwentyThreeMember 2021-01-01 2021-12-31 0001698535 nxe:TwoPointTwoSevenExercisePriceExpiredOnMarchTwentyOneTwoThousandAndTwentyFourMember 2021-01-01 2021-12-31 0001698535 nxe:TwoPointSixSixExercisePriceExpiredOnJuneTwentyTwoThousandAndTwentyThreeMember 2021-01-01 2021-12-31 0001698535 nxe:TwoPointEightFiveExercisePriceExpiredOnJuneEightTwoThousandAndTwentyThreeMember 2021-01-01 2021-12-31 0001698535 nxe:TwoPointThreeNineExercisePriceExpiredOnAprilThirteenTwoThousandAndTwentyThreeMember 2021-01-01 2021-12-31 0001698535 nxe:ThreePointThreeNineExercisePriceExpiredOnDecemberFourteenTwoThousandAndTwentyTwoMember 2021-01-01 2021-12-31 0001698535 nxe:TheSubsidiariesWithTheExceptionOfIsoenergyMember 2021-01-01 2021-12-31 0001698535 ifrs-full:CurrencyRiskMember 2021-01-01 2021-12-31 0001698535 ifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember 2021-01-01 2021-12-31 0001698535 ifrs-full:IssuedCapitalMember 2021-01-01 2021-12-31 0001698535 ifrs-full:OtherReservesMember 2021-01-01 2021-12-31 0001698535 ifrs-full:EquityAttributableToOwnersOfParentMember 2021-01-01 2021-12-31 0001698535 ifrs-full:NoncontrollingInterestsMember 2021-01-01 2021-12-31 0001698535 nxe:IncludedInExplorationAndEvaluationAssetsMember 2021-01-01 2021-12-31 0001698535 ifrs-full:LeaseholdImprovementsMember 2021-01-01 2021-12-31 0001698535 ifrs-full:RightofuseAssetsMember 2021-01-01 2021-12-31 0001698535 nxe:MarketableSecuritiesMember ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2021-01-01 2021-12-31 0001698535 ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember 2021-01-01 2021-12-31 0001698535 ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember nxe:AccountsReceivableMember 2021-01-01 2021-12-31 0001698535 nxe:AccountsPayableAndAccruedLiabilititesMember ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember 2021-01-01 2021-12-31 0001698535 nxe:ConvertibleDebenturesMember ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember 2021-01-01 2021-12-31 0001698535 nxe:ChangeInFairValueOfMarketableSecuritiesMember 2021-01-01 2021-12-31 0001698535 nxe:ChangeInFairValueOfConvertibleDebenturesAttributableToChangeInCreditRiskMember 2021-01-01 2021-12-31 0001698535 ifrs-full:RetainedEarningsMember 2021-01-01 2021-12-31 0001698535 ifrs-full:MajorOrdinaryShareTransactionsMember 2021-01-01 2021-12-31 0001698535 nxe:ExpensedToTheStatementOfLossProfitAndComprehensiveLossProfitMember 2021-01-01 2021-12-31 0001698535 nxe:TwoThousandSixteenAndSeventeenDebenturesMember 2021-01-01 2021-12-31 0001698535 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001698535 srt:DirectorMember 2021-01-01 2021-12-31 0001698535 nxe:EmployeesMember 2021-01-01 2021-12-31 0001698535 nxe:TwoZeroOneSixDebenturesMember 2021-01-01 2021-12-31 0001698535 nxe:TwoZeroOneSevenDebenturesMember 2021-01-01 2021-12-31 0001698535 nxe:IsoEnergyDebenturesMember nxe:QueensRoadCapitalInvestmentLimitedMember 2021-01-01 2021-12-31 0001698535 nxe:CloverGeminiAndTowerUraniumPropertiesMember 2021-01-01 2021-12-31 0001698535 nxe:MountainLakePropertyMember 2021-01-01 2021-12-31 0001698535 nxe:CloverGeminiAndTowerUraniumPropertiesMember nxe:IsoEnergyMember 2021-01-01 2021-12-31 0001698535 nxe:MountainLakePropertyMember nxe:InternationalConsolidatedUraniumIncMember 2021-01-01 2021-12-31 0001698535 nxe:NintyTwoEnergyMember nxe:MountainLakePropertyMember 2021-01-01 2021-12-31 0001698535 nxe:InternationalConsolidatedUraniumIncMember 2021-01-01 2021-12-31 0001698535 nxe:NintyTwoEnergyMember 2021-01-01 2021-12-31 0001698535 dei:BusinessContactMember 2021-01-01 2021-12-31 0001698535 nxe:FivePointOneSixExercisePriceExpiredOnFebruarySixteenTwoThousandTwentySixMember 2021-12-31 0001698535 nxe:FourPointFiveThreeExercisePriceExpiredOnAprilFirstTwoThousandTwentySixMember 2021-12-31 0001698535 nxe:FivePointEightFourExercisePriceExpiredOnJuneTenthTwoThousandTwentySixMember 2021-12-31 0001698535 nxe:FivePointFourFourExercisePriceExpiredOnDecemberFourteenthTwoThousandTwentySixMember 2021-12-31 0001698535 nxe:ThreePointThreeNineExercisePriceExpiredOnDecemberFourteenTwoThousandAndTwentyTwoMember 2021-12-31 0001698535 nxe:TwoPointThreeNineExercisePriceExpiredOnAprilThirteenTwoThousandAndTwentyThreeMember 2021-12-31 0001698535 nxe:TwoPointEightFiveExercisePriceExpiredOnJuneEightTwoThousandAndTwentyThreeMember 2021-12-31 0001698535 nxe:TwoPointSixSixExercisePriceExpiredOnJuneTwentyTwoThousandAndTwentyThreeMember 2021-12-31 0001698535 nxe:TwoPointFourNineExercisePriceExpiredOnAugustTwentyOneTwoThousandAndTwentyThreeMember 2021-12-31 0001698535 nxe:TwoPointFourOneExercisePriceExpiredOnDecemberThirtyOneTwoThousandAndTwentyThreeMember 2021-12-31 0001698535 nxe:TwoPointTwoSevenExercisePriceExpiredOnMarchTwentyOneTwoThousandAndTwentyFourMember 2021-12-31 0001698535 nxe:TwoPointTwoTwoExercisePriceExpiredOnMarchTwentySevenTwoThousandAndTwentyFourMember 2021-12-31 0001698535 nxe:OnePointNineTwoExercisePriceExpiredOnJuneTwelveTwoThousandAndTwentyFourMember 2021-12-31 0001698535 nxe:OnePointFiveNineExercisePriceExpiredOnAugustSixteenTwoThousandAndTwentyFourMember 2021-12-31 0001698535 nxe:OnePointFiveNineExercisePriceExpireOnDecemberTwentyFourTwoThousandTwentyFourMember 2021-12-31 0001698535 nxe:OnePointEightExercisePriceExpiringOnJuneTwelfthTwoThousandAndTwentyFiveMember 2021-12-31 0001698535 nxe:FourPointNineFiveExercisePriceExpiringOnDecemberElevenTwoThousandAndTwentyFiveMember 2021-12-31 0001698535 ifrs-full:ExplorationAndEvaluationAssetsMember 2021-12-31 0001698535 nxe:ConvertibleDebenturesMember 2021-12-31 0001698535 nxe:NoncapitalLossesMember 2021-12-31 0001698535 nxe:ShareIssuanceCostsDeferredTaxLiabilitiesMember 2021-12-31 0001698535 nxe:EquipmentDeferredTaxLiabilitiesMember 2021-12-31 0001698535 nxe:NoncapitalLossesAvailableForFuturePeriodsMember 2021-12-31 0001698535 nxe:ShareIssuanceCostsDeferredTaxAssetsMember 2021-12-31 0001698535 nxe:EquipmentDeferredTaxAssetsMember 2021-12-31 0001698535 nxe:DonationsMember 2021-12-31 0001698535 ifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember 2021-12-31 0001698535 nxe:RookOnePropertyMember 2021-12-31 0001698535 nxe:IsoenergyLtdMember nxe:LarocqueEastPropertyMember 2021-12-31 0001698535 nxe:IsoenergyLtdMember 2021-12-31 0001698535 nxe:IsoEnergyDebenturesMember 2021-12-31 0001698535 nxe:TwoZeroTwoZeroDebenturesMember 2021-12-31 0001698535 ifrs-full:BottomOfRangeMember 2021-12-31 0001698535 ifrs-full:TopOfRangeMember 2021-12-31 0001698535 nxe:AcquisitionCostsMember nxe:RookOnePropertyMember 2021-12-31 0001698535 nxe:AcquisitionCostsMember nxe:OtherAthabascaBasinPropertiesMember 2021-12-31 0001698535 nxe:AcquisitionCostsMember nxe:IsoenergyLtdMember 2021-12-31 0001698535 nxe:AcquisitionCostsMember 2021-12-31 0001698535 ifrs-full:CurrencyRiskMember 2021-12-31 0001698535 nxe:TwoThousandSeventeenDebenturesMember 2021-12-31 0001698535 nxe:TwoThousandSixteenAndSeventeenDebenturesMember 2021-12-31 0001698535 nxe:MarketableSecuritiesMember 2021-12-31 0001698535 nxe:CorporateOfficeLeasesMember 2021-12-31 0001698535 ifrs-full:VehiclesMember 2021-12-31 0001698535 ifrs-full:NotLaterThanOneYearMember nxe:TradeAndOtherPayablesMember 2021-12-31 0001698535 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember nxe:TradeAndOtherPayablesMember 2021-12-31 0001698535 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember nxe:TradeAndOtherPayablesMember 2021-12-31 0001698535 ifrs-full:LaterThanFiveYearsMember nxe:TradeAndOtherPayablesMember 2021-12-31 0001698535 nxe:TradeAndOtherPayablesMember 2021-12-31 0001698535 ifrs-full:NotLaterThanOneYearMember nxe:ConvertibleDebenturesMember 2021-12-31 0001698535 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember nxe:ConvertibleDebenturesMember 2021-12-31 0001698535 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember nxe:ConvertibleDebenturesMember 2021-12-31 0001698535 ifrs-full:LaterThanFiveYearsMember nxe:ConvertibleDebenturesMember 2021-12-31 0001698535 nxe:ConvertibleDebenturesMember 2021-12-31 0001698535 ifrs-full:NotLaterThanOneYearMember nxe:LeaseLiabilitiesmemberMember 2021-12-31 0001698535 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember nxe:LeaseLiabilitiesmemberMember 2021-12-31 0001698535 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember nxe:LeaseLiabilitiesmemberMember 2021-12-31 0001698535 ifrs-full:LaterThanFiveYearsMember nxe:LeaseLiabilitiesmemberMember 2021-12-31 0001698535 nxe:LeaseLiabilitiesmemberMember 2021-12-31 0001698535 ifrs-full:NotLaterThanOneYearMember 2021-12-31 0001698535 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember 2021-12-31 0001698535 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember 2021-12-31 0001698535 ifrs-full:LaterThanFiveYearsMember 2021-12-31 0001698535 nxe:CloverGeminiAndTowerUraniumPropertiesMember nxe:IsoEnergyMember 2021-12-31 0001698535 ifrs-full:ExplorationAndEvaluationAssetsMember 2020-12-31 0001698535 nxe:ConvertibleDebenturesMember 2020-12-31 0001698535 nxe:NoncapitalLossesMember 2020-12-31 0001698535 nxe:ShareIssuanceCostsDeferredTaxLiabilitiesMember 2020-12-31 0001698535 nxe:EquipmentDeferredTaxLiabilitiesMember 2020-12-31 0001698535 nxe:NoncapitalLossesAvailableForFuturePeriodsMember 2020-12-31 0001698535 nxe:ShareIssuanceCostsDeferredTaxAssetsMember 2020-12-31 0001698535 nxe:EquipmentDeferredTaxAssetsMember 2020-12-31 0001698535 nxe:DonationsMember 2020-12-31 0001698535 nxe:NetCapitalLossesMember 2020-12-31 0001698535 ifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember 2020-12-31 0001698535 nxe:IsoEnergyDebenturesMember 2020-12-31 0001698535 nxe:TwoZeroTwoZeroDebenturesMember 2020-12-31 0001698535 nxe:RookOnePropertyMember nxe:AcquisitionCostsMember 2020-12-31 0001698535 nxe:OtherAthabascaBasinPropertiesMember nxe:AcquisitionCostsMember 2020-12-31 0001698535 nxe:AcquisitionCostsMember nxe:IsoenergyLtdMember 2020-12-31 0001698535 nxe:AcquisitionCostsMember 2020-12-31 0001698535 nxe:PrivatePlacementMember 2020-12-31 0001698535 nxe:IsoenergyLtdMember 2020-12-31 0001698535 nxe:TwoThousandSeventeenDebenturesMember 2020-12-31 0001698535 nxe:CorporateOfficeLeasesMember 2020-12-31 0001698535 ifrs-full:VehiclesMember 2020-12-31 0001698535 nxe:IsoenergyLtdMember 2020-01-01 2020-12-31 0001698535 nxe:NXEEnergyRoyaltyLtdMember 2020-01-01 2020-12-31 0001698535 nxe:NXEEnergySwOneLtdMember 2020-01-01 2020-12-31 0001698535 nxe:NXEEnergySWThreeLtdMember 2020-01-01 2020-12-31 0001698535 nxe:NetCapitalLossesMember 2020-01-01 2020-12-31 0001698535 nxe:DonationsMember 2020-01-01 2020-12-31 0001698535 nxe:NoncapitalLossesAvailableForFuturePeriodsMember 2020-01-01 2020-12-31 0001698535 nxe:GeneralExplorationAndDrillingMember nxe:RookOnePropertyMember nxe:DeferredExplorationCostsMember 2020-01-01 2020-12-31 0001698535 nxe:GeneralExplorationAndDrillingMember nxe:OtherAthabascaBasinPropertiesMember nxe:DeferredExplorationCostsMember 2020-01-01 2020-12-31 0001698535 nxe:IsoenergyLtdMember nxe:GeneralExplorationAndDrillingMember nxe:DeferredExplorationCostsMember 2020-01-01 2020-12-31 0001698535 nxe:GeneralExplorationAndDrillingMember nxe:DeferredExplorationCostsMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:TechnicalEngineeringAndDesignMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:TechnicalEngineeringAndDesignMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:TechnicalEngineeringAndDesignMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:TechnicalEngineeringAndDesignMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:GeochemistryAndAssaysMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:GeochemistryAndAssaysMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:GeochemistryAndAssaysMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:GeochemistryAndAssaysMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:GeologicalAndGeophysicalMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:GeologicalAndGeophysicalMember 2020-01-01 2020-12-31 0001698535 nxe:GeologicalAndGeophysicalMember nxe:IsoenergyLtdMember nxe:DeferredExplorationCostsMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:GeologicalAndGeophysicalMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:LabourAndWagesMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:LabourAndWagesMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:LabourAndWagesMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:LabourAndWagesMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:SharebasedPaymentsMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:SharebasedPaymentsMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:SharebasedPaymentsMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:SharebasedPaymentsMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember nxe:TravelMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember nxe:TravelMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember nxe:TravelMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:TravelMember 2020-01-01 2020-12-31 0001698535 nxe:RookOnePropertyMember nxe:DeferredExplorationCostsMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember 2020-01-01 2020-12-31 0001698535 nxe:RookOnePropertyMember nxe:DeferredExplorationCostsMember nxe:EnvironmentalPermittingAndEngagementMember 2020-01-01 2020-12-31 0001698535 nxe:OtherAthabascaBasinPropertiesMember nxe:DeferredExplorationCostsMember nxe:EnvironmentalPermittingAndEngagementMember 2020-01-01 2020-12-31 0001698535 nxe:IsoenergyLtdMember nxe:DeferredExplorationCostsMember nxe:EnvironmentalPermittingAndEngagementMember 2020-01-01 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:EnvironmentalPermittingAndEngagementMember 2020-01-01 2020-12-31 0001698535 nxe:SalariesEmployeesBenefitsAndDirectorsFeeMember 2020-01-01 2020-12-31 0001698535 nxe:CapitalizedToExplorationAndEvaluationAssetsMember 2020-01-01 2020-12-31 0001698535 nxe:TwoThousandSeventeenDebenturesMember 2020-01-01 2020-12-31 0001698535 ifrs-full:ComputerEquipmentMember ifrs-full:AtCostMember 2020-01-01 2020-12-31 0001698535 ifrs-full:ComputerSoftwareMember ifrs-full:AtCostMember 2020-01-01 2020-12-31 0001698535 ifrs-full:AtCostMember nxe:FieldEquipmentMember 2020-01-01 2020-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember ifrs-full:AtCostMember 2020-01-01 2020-12-31 0001698535 ifrs-full:AtCostMember 2020-01-01 2020-12-31 0001698535 ifrs-full:ComputerEquipmentMember nxe:AccumulatedDepreciationMember 2020-01-01 2020-12-31 0001698535 ifrs-full:ComputerSoftwareMember nxe:AccumulatedDepreciationMember 2020-01-01 2020-12-31 0001698535 nxe:FieldEquipmentMember nxe:AccumulatedDepreciationMember 2020-01-01 2020-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember nxe:AccumulatedDepreciationMember 2020-01-01 2020-12-31 0001698535 nxe:RoadMember nxe:AccumulatedDepreciationMember 2020-01-01 2020-12-31 0001698535 nxe:AccumulatedDepreciationMember 2020-01-01 2020-12-31 0001698535 nxe:TwoZeroTwoZeroDebenturesMember 2020-01-01 2020-12-31 0001698535 nxe:IsoEnergyDebenturesMember 2020-01-01 2020-12-31 0001698535 ifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember 2020-01-01 2020-12-31 0001698535 ifrs-full:IssuedCapitalMember 2020-01-01 2020-12-31 0001698535 ifrs-full:OtherReservesMember 2020-01-01 2020-12-31 0001698535 ifrs-full:EquityAttributableToOwnersOfParentMember 2020-01-01 2020-12-31 0001698535 ifrs-full:NoncontrollingInterestsMember 2020-01-01 2020-12-31 0001698535 nxe:IncludedInExplorationAndEvaluationAssetsMember 2020-01-01 2020-12-31 0001698535 nxe:ChangeInFairValueOfConvertibleDebenturesAttributableToChangeInCreditRiskMember 2020-01-01 2020-12-31 0001698535 ifrs-full:RetainedEarningsMember 2020-01-01 2020-12-31 0001698535 nxe:ExpensedToTheStatementOfLossProfitAndComprehensiveLossProfitMember 2020-01-01 2020-12-31 0001698535 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-12-31 0001698535 srt:DirectorMember 2020-01-01 2020-12-31 0001698535 nxe:EmployeesMember 2020-01-01 2020-12-31 0001698535 nxe:TwoZeroOneSixDebenturesMember 2020-01-01 2020-12-31 0001698535 nxe:TwoZeroOneSevenDebenturesMember 2020-01-01 2020-12-31 0001698535 nxe:MountainLakePropertyMember nxe:InternationalConsolidatedUraniumIncMember 2020-01-01 2020-12-31 0001698535 nxe:NintyTwoEnergyMember nxe:MountainLakePropertyMember 2020-01-01 2020-12-31 0001698535 nxe:InternationalConsolidatedUraniumIncMember 2020-01-01 2020-12-31 0001698535 nxe:IsoEnergyDebenturesMember 2020-08-18 2020-08-18 0001698535 nxe:IsoEnergyDebenturesMember 2020-08-18 0001698535 nxe:TwoZeroTwoZeroDebenturesMember 2020-05-27 2020-05-27 0001698535 nxe:TwoThousandSixteenAndSeventeenDebenturesMember nxe:ConvertibleDebentureConsentFeeMember 2020-05-27 2020-05-27 0001698535 nxe:PrivatePlacementMember 2020-05-27 2020-05-27 0001698535 nxe:ConvertibleDebentureConsentFeeMember nxe:TwoZeroTwoZeroDebenturesMember 2020-05-27 2020-05-27 0001698535 nxe:TwoZeroTwoZeroDebenturesMember 2020-05-27 0001698535 nxe:TwoThousandSixteenAndSeventeenDebenturesMember nxe:ConvertibleDebentureConsentFeeMember 2020-05-27 0001698535 nxe:TwoThousandSixteenAndSeventeenDebenturesMember 2021-02-18 0001698535 nxe:TwoZeroOneSixDebenturesMember 2021-02-18 0001698535 nxe:TwoZeroOneSevenDebenturesMember 2021-02-18 0001698535 nxe:TwoThousandSixteenAndSeventeenDebenturesMember 2021-02-18 2021-02-18 0001698535 nxe:TwoZeroOneSixDebenturesMember 2021-02-23 0001698535 nxe:TwoZeroOneSevenDebenturesMember 2021-02-23 0001698535 nxe:TwoThousandSixteenAndSeventeenDebenturesMember 2021-02-23 2021-02-23 0001698535 nxe:MountainLakePropertyMember nxe:InternationalConsolidatedUraniumIncMember 2021-08-01 2021-08-31 0001698535 nxe:MetalPricePerPoundFiftyMember nxe:MountainLakePropertyMember 2021-08-01 2021-08-31 0001698535 nxe:MetalPricePerPoundSeventyFiveMember nxe:MountainLakePropertyMember 2021-08-01 2021-08-31 0001698535 nxe:MetalPricePerPoundHundredMember nxe:MountainLakePropertyMember 2021-08-01 2021-08-31 0001698535 nxe:MountainLakePropertyMember 2021-08-01 2021-08-31 0001698535 nxe:IsoEnergyMember 2021-08-31 0001698535 nxe:InitialPublicOfferingMember 2021-03-11 0001698535 nxe:InitialPublicOfferingMember 2021-03-11 2021-03-11 0001698535 nxe:OverallotmentMember 2021-03-16 2021-03-16 0001698535 nxe:InitialPublicOfferingMember 2021-03-16 2021-03-16 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember 2020-12-31 0001698535 nxe:DeferredExplorationCostsMember 2020-12-31 0001698535 ifrs-full:IssuedCapitalMember 2020-12-31 0001698535 ifrs-full:OtherReservesMember 2020-12-31 0001698535 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001698535 ifrs-full:RetainedEarningsMember 2020-12-31 0001698535 ifrs-full:EquityAttributableToOwnersOfParentMember 2020-12-31 0001698535 ifrs-full:NoncontrollingInterestsMember 2020-12-31 0001698535 ifrs-full:ComputerEquipmentMember ifrs-full:AtCostMember 2021-12-31 0001698535 ifrs-full:ComputerSoftwareMember ifrs-full:AtCostMember 2021-12-31 0001698535 nxe:FieldEquipmentMember ifrs-full:AtCostMember 2021-12-31 0001698535 ifrs-full:AtCostMember nxe:OfficeFurnitureAndLeaseholdImprovementsMember 2021-12-31 0001698535 nxe:RoadMember ifrs-full:AtCostMember 2021-12-31 0001698535 ifrs-full:AtCostMember 2021-12-31 0001698535 ifrs-full:ComputerEquipmentMember nxe:AccumulatedDepreciationMember 2021-12-31 0001698535 ifrs-full:ComputerSoftwareMember nxe:AccumulatedDepreciationMember 2021-12-31 0001698535 nxe:FieldEquipmentMember nxe:AccumulatedDepreciationMember 2021-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember nxe:AccumulatedDepreciationMember 2021-12-31 0001698535 nxe:AccumulatedDepreciationMember nxe:RoadMember 2021-12-31 0001698535 nxe:AccumulatedDepreciationMember 2021-12-31 0001698535 ifrs-full:ComputerEquipmentMember 2021-12-31 0001698535 ifrs-full:ComputerSoftwareMember 2021-12-31 0001698535 nxe:FieldEquipmentMember 2021-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember 2021-12-31 0001698535 nxe:RoadMember 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:IsoenergyLtdMember 2021-12-31 0001698535 nxe:DeferredExplorationCostsMember 2021-12-31 0001698535 nxe:OtherAthabascaBasinPropertiesMember 2021-12-31 0001698535 nxe:TwoZeroOneSixDebenturesMember 2021-12-31 0001698535 nxe:TwoZeroOneSevenDebenturesMember 2021-12-31 0001698535 ifrs-full:NoncontrollingInterestsMember 2021-12-31 0001698535 ifrs-full:EquityAttributableToOwnersOfParentMember 2021-12-31 0001698535 ifrs-full:RetainedEarningsMember 2021-12-31 0001698535 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001698535 ifrs-full:OtherReservesMember 2021-12-31 0001698535 ifrs-full:IssuedCapitalMember 2021-12-31 0001698535 ifrs-full:ComputerEquipmentMember ifrs-full:AtCostMember 2019-12-31 0001698535 ifrs-full:ComputerSoftwareMember ifrs-full:AtCostMember 2019-12-31 0001698535 nxe:FieldEquipmentMember ifrs-full:AtCostMember 2019-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember ifrs-full:AtCostMember 2019-12-31 0001698535 nxe:RoadMember ifrs-full:AtCostMember 2019-12-31 0001698535 ifrs-full:AtCostMember 2019-12-31 0001698535 ifrs-full:ComputerEquipmentMember nxe:AccumulatedDepreciationMember 2019-12-31 0001698535 ifrs-full:ComputerSoftwareMember nxe:AccumulatedDepreciationMember 2019-12-31 0001698535 nxe:FieldEquipmentMember nxe:AccumulatedDepreciationMember 2019-12-31 0001698535 nxe:AccumulatedDepreciationMember nxe:OfficeFurnitureAndLeaseholdImprovementsMember 2019-12-31 0001698535 nxe:RoadMember nxe:AccumulatedDepreciationMember 2019-12-31 0001698535 nxe:AccumulatedDepreciationMember 2019-12-31 0001698535 nxe:AcquisitionCostsMember nxe:RookOnePropertyMember 2019-12-31 0001698535 nxe:AcquisitionCostsMember nxe:OtherAthabascaBasinPropertiesMember 2019-12-31 0001698535 nxe:AcquisitionCostsMember nxe:IsoenergyLtdMember 2019-12-31 0001698535 nxe:AcquisitionCostsMember 2019-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:RookOnePropertyMember 2019-12-31 0001698535 nxe:DeferredExplorationCostsMember nxe:OtherAthabascaBasinPropertiesMember 2019-12-31 0001698535 nxe:IsoenergyLtdMember nxe:DeferredExplorationCostsMember 2019-12-31 0001698535 nxe:DeferredExplorationCostsMember 2019-12-31 0001698535 nxe:TwoZeroOneSixDebenturesMember 2019-12-31 0001698535 nxe:TwoZeroOneSevenDebenturesMember 2019-12-31 0001698535 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0001698535 ifrs-full:OtherReservesMember 2019-12-31 0001698535 ifrs-full:IssuedCapitalMember 2019-12-31 0001698535 ifrs-full:NoncontrollingInterestsMember 2019-12-31 0001698535 ifrs-full:EquityAttributableToOwnersOfParentMember 2019-12-31 0001698535 ifrs-full:RetainedEarningsMember 2019-12-31 0001698535 ifrs-full:ComputerEquipmentMember ifrs-full:AtCostMember 2020-12-31 0001698535 ifrs-full:AtCostMember ifrs-full:ComputerSoftwareMember 2020-12-31 0001698535 nxe:FieldEquipmentMember ifrs-full:AtCostMember 2020-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember ifrs-full:AtCostMember 2020-12-31 0001698535 nxe:RoadMember ifrs-full:AtCostMember 2020-12-31 0001698535 ifrs-full:AtCostMember 2020-12-31 0001698535 ifrs-full:ComputerEquipmentMember nxe:AccumulatedDepreciationMember 2020-12-31 0001698535 ifrs-full:ComputerSoftwareMember nxe:AccumulatedDepreciationMember 2020-12-31 0001698535 nxe:FieldEquipmentMember nxe:AccumulatedDepreciationMember 2020-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember nxe:AccumulatedDepreciationMember 2020-12-31 0001698535 nxe:RoadMember nxe:AccumulatedDepreciationMember 2020-12-31 0001698535 nxe:AccumulatedDepreciationMember 2020-12-31 0001698535 ifrs-full:ComputerEquipmentMember 2020-12-31 0001698535 ifrs-full:ComputerSoftwareMember 2020-12-31 0001698535 nxe:FieldEquipmentMember 2020-12-31 0001698535 nxe:OfficeFurnitureAndLeaseholdImprovementsMember 2020-12-31 0001698535 nxe:RoadMember 2020-12-31 0001698535 nxe:RookOnePropertyMember 2020-12-31 0001698535 nxe:OtherAthabascaBasinPropertiesMember 2020-12-31 0001698535 nxe:TwoZeroOneSixDebenturesMember 2020-12-31 0001698535 nxe:TwoZeroOneSevenDebenturesMember 2020-12-31 iso4217:CAD xbrli:pure xbrli:shares utr:ha utr:Year iso4217:USD iso4217:AUD nxe:Claims iso4217:CAD xbrli:shares iso4217:AUD xbrli:shares iso4217:USD xbrli:shares utr:Y
SECURITIES AND EXCHANGE COMMISSION
☐ |
Registration statement pursuant to Section 12 of the Securities Exchange Act of 1934 |
☒ |
Annual report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 |
For the fiscal year ended December 31, 2021
Commission file number
001-38072
(Exact name of registrant as specified in its charter)
|
|
|
|
|
|
|
|
|
|
(Province or other jurisdiction of incorporation or organization) |
|
(Primary Standard Industrial Classification Code Number (if applicable)) |
|
Identification Number (if Applicable)) |
Suite 3150, 1021 West Hastings Street
Vancouver, B.C., Canada
V6E 0C3
(Address and Telephone Number of Registrant’s Principal Executive Offices)
850 Library Avenue, Suite 204, Newark, Delaware 19711
(Name, Address (Including Zip Code) and Telephone Number (Including Area Code)
of Agent For Service in the United States)
Securities registered or to be registered pursuant to Section 12(b) of the Act.
|
|
|
|
|
| |
|
|
|
|
Common Shares, no par value |
|
|
|
|
Securities registered or to be registered pursuant to Section 12(g) of the Act. None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act. None
For annual reports, indicate by check mark the information filed with this Form:
|
|
|
|
|
☒ Audited Annual Financial Statements |
Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 479,198,233
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports); and (2) has been subject to such filing requirements for the past 90 days.
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation
S-T
(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule
12b-2
of the Exchange Act.
Emerging growth company ☐
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒
| |
|
Auditor Location: Vancouver, BC, Canada |
|
Auditor Firm ID: 85 |
The following documents, filed as Exhibits 99.1, 99.2 and 99.3 to this Annual Report on Form
40-F
(this “Annual Report”) of NexGen Energy Ltd. (“we”, “us”, “our”, “NexGen” or the “Company”), are hereby incorporated by reference into this Annual Report:
| |
(a) |
Annual Information Form for the fiscal year ended December 31, 2021; |
| |
(b) |
Management’s Discussion and Analysis for the fiscal year ended December 31, 2021; and |
| |
(c) |
Audited Consolidated Financial Statements for the fiscal years ended December 31, 2021 and 2020. The Company’s Audited Consolidated Financial Statements included in this Annual Report have been prepared in accordance with International Financial Reporting Standards, as issued by the International Accounting Standards Board. Therefore, they are not comparable in all respects to financial statements of United States companies that are prepared in accordance with United States generally accepted accounting principles. |
Our independent registered public accounting firm is KPMG LLP, Vancouver, British Columbia, Canada, Auditor Firm ID: 85.
RESOURCE AND RESERVES ESTIMATES
Unless otherwise indicated, all resource and reserve estimates included in the documents incorporated by reference into this Annual Report have been prepared in accordance with Canadian National Instrument
43-101
(“NI
43-101”)
and the Canadian Institute of Mining and Metallurgy Classification System. Canadian standards, including NI
43-101,
differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC” or the “Commission”), and resource information contained in the documents incorporated by reference into this Annual Report may not be comparable to similar information disclosed by U.S. companies. Accordingly, information concerning mineral deposits in this Annual Report may not be comparable with information made public by companies that report in accordance with United States standards.
Certifications and Disclosure Regarding Controls and Procedures.
| (a) |
Certifications . See Exhibits 99.4, 99.5, 99.6 and 99.7 to this Annual Report on Form 40-F. |
| (b) |
Disclosure Controls and Procedures . As of the end of NexGen’s fiscal year ended December 31, 2021, an evaluation of the effectiveness of NexGen’s “disclosure controls and procedures” (as such term is defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) was carried out by NexGen’s management, with the participation of its principal executive officer and principal financial officer. Based upon that evaluation, NexGen’s principal executive officer and principal financial officer have concluded that as of the end of that fiscal year, NexGen’s disclosure controls and procedures are effective to ensure that information required to be disclosed by NexGen in reports that it files or submits under the Exchange Act is (i) recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission (the “Commission”) rules and forms and (ii) accumulated and communicated to NexGen’s management, including its principal executive officer and principal financial officers, to allow timely decisions regarding required disclosure. |
It should be noted that while NexGen’s principal executive officer and principal financial officer believe that NexGen’s disclosure controls and procedures provide a reasonable level of assurance that they are effective, they do not expect that NexGen’s disclosure controls and procedures or internal control over financial reporting will prevent all errors or fraud. A control system, no matter how well conceived or operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met.
| (c) |
Management’s Annual Report on Internal Control Over Financial Reporting . For management’s report on internal control over financial reporting, see “Disclosure Controls and Internal Control Over Financial Reporting – Management’s Report on Internal Control Over Financial Reporting” in our MD&A attached as Exhibit 99.2 to this Annual Report on Form 40-F and incorporated by reference herein. |
| (d) |
Attestation Report of the Registered Public Accounting Firm . The required disclosure is included in the Report of Independent Registered Public Accounting Firm on NexGen’s internal control over financial reporting that accompanies NexGen’s Audited Consolidated Financial Statements for the fiscal years ended December 31, 2021 and 2020, filed as Exhibit 99.3 to this Annual Report on Form 40-F. |
| (e) |
Changes in Internal Control Over Financial Reporting . During the fiscal year ended December 31, 2021, no changes were made in NexGen’s internal control over financial reporting that have materially affected or are reasonably likely to materially affect NexGen’s internal control over financial reporting. |
Notices Pursuant to Regulation BTR
Audit Committee Financial Expert
NexGen’s board of directors has determined that each of Trevor Thiele, Christopher McFadden, Richard Patricio and Warren Gilman, members of NexGen’s audit committee, is “independent” as that term is defined in the rules of the NYSE American LLC (“NYSE American”) and that Mr. Thiele qualifies as an “audit committee financial expert” (as such term is defined in Form
40-F).
NexGen has adopted a Code of Ethics that meets the definition of a “code of ethics” set forth in Form
40-F,
and that applies to NexGen’s principal executive officer, principal financial officer, principal accounting officer or controller, and persons performing similar functions.
The Code of Ethics is available for viewing on NexGen’s website at
http://www.nexgenenergy.ca/corporate/corporate-governance/
, and is available in print to any shareholder who requests it. Requests for copies of the Code of Ethics should be made by contacting: Investor Relations by phone at (604)
428-4112
or by
e-mail
at
tmcpherson@nxe-energy.ca.
During the year ended December 31, 2021, certain technical and administrative amendments were made to the Code of Ethics. Other than such amendments, there have not been any amendments to, or waivers, including implicit waivers, granted from, any provision of the Code of Ethics.
If any amendment to the Code of Ethics is made, or if any waiver from the provisions thereof is granted, NexGen may elect to disclose the information about such amendment or waiver required by Form
40-F
to be disclosed, by posting such disclosure on NexGen’s website, which may be accessed at www.nexgenenergy.ca.
Principal Accountant Fees and Services
The required disclosure is included under the headings “Audit Committee Disclosure – External Auditor Service Fees (By Category)” in NexGen’s Annual Information Form for the fiscal year ended December 31, 2021, filed as Exhibit 99.1 to this Annual Report.
Pre-Approval
Policies and Procedures.
| (a) |
NexGen’s audit committee pre-approves all audit and non-audit services provided to NexGen by its external auditor, KPMG LLP. Also see “Audit Committee Disclosure – Pre-Approval Policies and Procedures” in NexGen’s Annual Information Form for the fiscal year ended December 31, 2021, filed as Exhibit 99.1 to this Annual Report on Form 40-F. |
| (b) |
Of the fees reported in Exhibit 99.1 to this Annual Report on Form 40-F under the heading “Audit Committee Disclosure – External Auditor Service Fees (By Category ”, none of the fees billed by KPMG LLP were approved by NexGen’s audit committee pursuant to the exception provided by Section (c)(7)(i)(C) of Rule 2-01 of Regulation S-X. |
Off-Balance
Sheet Arrangements
NexGen does not have any
off-balance
sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.
The required disclosure is included under the headings “Liquidity and Capital Resources” and “Contractual Obligations and Commitments” in NexGen’s Management’s Discussion and Analysis for the year ended December 31, 2021, filed as Exhibit 99.2 to this Annual Report on Form
40-F.
Identification of the Audit Committee.
We have a separately designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Exchange Act. The members of the audit committee are Christopher McFadden, Richard Patricio, Warren Gilman and Trevor Thiele.
NYSE American Statement of Governance Differences.
As a Canadian corporation listed on the NYSE American, we are not required to comply with certain NYSE American corporate governance standards, so long as we comply with Canadian and TSX corporate governance requirements. In order to claim such an exemption, however, Section 110 of the NYSE American Company Guide requires that we provide to NYSE American written certification from independent Canadian counsel that the
non-complying
practice is not prohibited by Canadian law. In addition, we are also required to disclose any significant differences between our corporate governance practices and those required to be followed by U.S. domestic issuers under the NYSE American corporate governance standards. We have prepared a summary of the significant ways in which our corporate governance practices differ from those required to be followed by U.S. domestic companies under the NYSE American’s corporate governance standards, and that summary is available for viewing on our website at:
http://www.nexgenenergy.ca/_resources/governance/Statement-of-Significant
Differences.pdf
UNDERTAKING AND CONSENT TO SERVICE OF PROCESS
We undertake to make available, in person or by telephone, representatives to respond to inquiries made by the Commission staff, and to furnish promptly, when requested to do so by the Commission staff, information relating to: the securities registered pursuant to Form
40-F;
the securities in relation to which the obligation to file an annual report on Form
40-F
arises; or transactions in said securities.
|
Consent to Service of Process. |
We have previously filed a Form
F-X
in connection with the class of securities in relation to which the obligation to file this report arises.
Any change to the name or address of our agent for service shall be communicated promptly to the Commission by an amendment to the Form
F-X
referencing our file number.
Pursuant to the requirements of the Exchange Act, the registrant certifies that it meets all of the requirements for filing on Form
40-F
and has duly caused this annual report to be signed on its behalf by the undersigned, thereunto duly authorized, on February 25, 2022.
|
|
|
|
|
|
| By: |
|
|
| Name: |
|
Harpreet Dhaliwal |
| Title: |
|
Chief Financial Officer |
NexGen Energy (AMEX:NXE)
Historical Stock Chart
From Mar 2024 to Apr 2024
NexGen Energy (AMEX:NXE)
Historical Stock Chart
From Apr 2023 to Apr 2024
