Nexgen Energy Ltd . ("NexGen" or the "Company") (TSX: NXE ) (NYSE: NXE ) (ASX: NXG) in partnership with the Clearwater River Dene Nation ("CRDN") is pleased to announce the establishment of a 100% Indigenous owned and operated gravel supply company in Northwest Saskatchewan . Continuing to deliver on its industry-leading Impact Benefit Agreement with the CRDN signed in March 2022 NexGen purchased a $4.1M gravel crusher to provide aggregate material for its Rook I project ("Rook I" or the "Project") and to supply the northern communities’ aggregate material for road infrastructure requirements. The CRDN member-owned business will lease to own and operate the gravel crusher. The aggregate supply for Rook I has a capital expenditure representing an estimated $36M in value (Rook I Feasibility Study) to the new CRDN-owned business in just the first three years of construction of the Project. This new company will immediately create sixteen […]
Click here to view original web page at investingnews.com
Posting Guidelines
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do take our Terms of Use seriously
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content
Get involved!
Get Connected!
Come and join our community. Expand your network and get to know new people!
Comments