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NexGen Update on Operations and Activities due to COVID-19

NexGen Update on Operations and Activities due to COVID-19 Canada NewsWire VANCO...

articleNexgen Energy Ltd.March 25, 20204/company/nexgen-energy-ltd/news/nexgen-update-on-operations-and-activities-due-to-covid-19
NexGen Update on Operations and Activities due to COVID-19

About this update from Nexgen Energy Ltd.

[{"type":"text","content":"\n\n\n\nNexGen Update on Operations and Activities due to COVID-19\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 25, 2020\n\n\n\nVANCOUVER, March 25, 2020 /CNW/ - NexGen Energy Ltd. (\"NexGen\" or the \"Company\") (TSX: NXE, NYSE MKT: NXE) is providing an update on the operational and corporate impacts of the COVID-19 pandemic on its planned activities.\nFirstly, the Company is pleased to report that no confirmed or suspected cases of COVID-19 within the organization have been identified.  Strong measures and proactive steps were immediately implemented in accordance with those recommended by Provincial (both B.C. and Saskatchewan) and Federal Health Authorities.  The safety of the Company's employees, contractors, consultants and communities is always the first priority. NexGen confirms that all of the assets of the Company including at the 100% owned Rook I site and the offices (in Saskatoon and Vancouver) are secure and operational in accordance with the Federal and Provincial Health Authorities guidelines.\nWith the current and forecasted impacts due to COVID-19, NexGen has conducted a detailed review of all corporate, operational and community aspects including the planned work programs on the Feasibility Study (\"FS\") and Environmental Assessment (\"EA\"). It is clear the working environments and practices of the Company and its key consultants, for an indeterminate period of time, are impacted in terms of the ability, collectively, to safely complete certain work programs. As a consequence, the Company has postponed \"yet to commence\" work programs associated with both the FS and EA. Previously commenced \"in progress\" work programs (including environmental monitoring and community programs) are continuing where it has been assessed the function is not impacted by the current Health Authority guidelines. A rescheduled timeline for the FS and filing of the Environmental Impact Statement will be communicated once the Company and its consultants establish a return to normalized working conditions. In the interim...

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