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NexGen Energy Ltd (NXE), a corporation focused on the acquisition, exploration and development of Canadian uranium projects, said on Friday that Bruce Sprague had tendered his resignation as Chief Financial Officer, effective November 29th.

Meanwhile, a formal search for a new CFO has been initiated, NexGen said.

Shares of NexGen Energy Ltd closed higher for the fifth time in the past ten trading sessions in New York on Friday. The stock went up 1.56% ($0.020) to $1.300. The latter also was the intraday high and a price level not seen since November 26th ($1.300).

Travis McPherson, NexGen’s Vice President – Corporate Development and Investor Relations, and Rheal Assie, Financial Controller, will temporarily assume the CFO duties.

Bruce Sprague became part of NexGen’s team in November 2017. Prior to that, he was employed with Ernst & Young. Sprague has played a crucial role in the progress of NexGen’s government relations and sustainability strategies.

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