Canadian Nuclear Safety Commission ("CNSC") Hearing for the Approval of the Rook I Project

Core Viewpoint - NexGen Energy Ltd. is participating in the Canadian Nuclear Safety Commission hearings for the final approval of its Rook I Project, marking a significant milestone after over twelve years of environmental studies and community engagement [2][4]. Project Overview - The Rook I Project is designed to be the largest low-cost uranium mine globally, adhering to high environmental and social governance standards [5]. - A video presentation during the hearing highlights the project's low environmental impact and its positive effects on local communities [3]. Regulatory Process - The regulatory approval process began in 2019, with key milestones including the Draft Environmental Impact Statement submission in 2022 and the Provincial Environmental Assessment approval in November 2023 [4]. - The CNSC staff deemed NexGen's licence application sufficient in September 2023, and the Final Environmental Impact Statement was accepted in January 2025 [4]. Company Background - NexGen Energy is focused on providing clean energy fuel and is headquartered in Vancouver, British Columbia, with operations in Saskatchewan [8]. - The company is listed on multiple stock exchanges, including the Toronto Stock Exchange and the New York Stock Exchange, allowing global investor participation [8].