NexGen Energy (NXE) Draft EIS Approved to Proceed to CNSC Technical Review

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NexGen Energy Ltd. (NYSE: NXE) is pleased to announce that on July 12, 2022, the Canadian Nuclear Safety Commission (“CNSC”) announced its acceptance of the Company’s draft Environmental Impact Statement (the “EIS”) completed submitting in June 2022 (see press release dated June 21, 2022). Acceptance of the draft EIS for the 100% NexGen-owned Rook I Project (“Rook I” or the “Project”) located in the southwestern Athabasca Basin in Saskatchewan follows a 30-day period during which the CNSC conducted a compliance review of the draft EIS submission and confirmed without comments or conditions. In addition, acceptance marks the official start of the 90-day period during which the CNSC will coordinate the technical and federal public review of the draft EIS.

Leigh Curyer, President and CEO, said: “The CNSC’s acceptance of the Draft EIS for the Rook I Project is a significant milestone, moving the project through the technical and federal public EIA review phase, incorporating rigorous and transparent provincial and federal EE. NexGen’s approach to all aspects of EIA compilation and completion with respect to inclusive Indigenous and community engagement, integration of elite environmental mining designs, and transparent engagement with regulators and governments is an honor for the team and community stakeholders. for their commitment and dedication to this multi-generational Rook I project.

The magnitude of positive generational impact benefits that will materialize as this project moves forward safely, beginning with local communities and concluding with the potential to return Canada to a world leader in providing clean air energy fuel, has no equal. »

The EIS is the set of reports that document the environmental assessment (“EA”) of the project by NexGen. NexGen conducted the EA in accordance with The Environmental Assessment Act of Saskatchewan and Canadian Environmental Assessment Act, 2012. The information and analysis conducted and submitted in the EIS represents the basis against which the environmental, social and human health effects of the Project will be assessed by the Saskatchewan Ministry of Environment (“ENV”). and the CNSC. In conjunction with the CNSC-led federal review, ENV is currently coordinating a technical review of the draft EIS, which is expected to be completed in the third quarter of 2022.

Both the EIS and the Main Executive Summary of the EIS can be found at Where

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