Nextsource Materials Inc. is pleased to announce the results of the Annual Meeting of Shareholders of the Company held virtually at 9:00 AM on December 5, 2024. AGM Results The final voting results of the Meeting are set out below: Election of Directors. The Company's shareholders elected each of the nominees as directors to serve until the next annual meeting of shareholders, or until their respective successors are [...]
Not for distribution to U.S. news wire services or for dissemination in the United States or to a U.S. Person. Nextsource Materials Inc. announces it has closed a second and final tranche of its previously announced non-brokered private placement offering, issuing an additional 1,360,000 common shares of the Company at a price of CAD$0.53 per Share for aggregate gross proceeds of CAD$720,800 . These additional net [...]
Nextsource Materials Inc. confirms, further to the announcement on 28th May 2024, Hanré Rossouw has officially begun his role as President and CEO. His tenure begins in Madagascar, where he will visit the Molo graphite mine operations as well as engage with the community and government as part of a structured leadership transition plan. Also effective today, the former President and CEO, Craig Scherba, will continue as a [...]
Nextsource Materials Inc. is pleased to announce it has completed its first commercial shipments of SuperFlake® graphite concentrate from its Molo Graphite Mine in southern Madagascar. Full container loads of high-quality, coarse flake graphite concentrate were exported from the Port of Tulear, Madagascar to Germany and to the United States of America under existing offtake agreements. These initial container shipments of [...]
Not for distribution to U.S. news wire services or for dissemination in the United States or to a U.S. Person. Nextsource Materials Inc. announces it has closed a non-brokered private placement offering of 27,728,100 common shares of the Company at a price of CAD$0.53 per Share for aggregate gross proceeds of CAD$14,695,893 . Vision Blue Resources Limited. purchased 15,582,300 Shares under the Offering for a total [...]
Nextsource Materials Inc. is pleased to announce the further strengthening of its management team to support the next phase of the Company's global growth strategy with the appointment of Dr. Tilo Hauke as Executive Vice President of Downstream Operations, effective October 1st, 2024. Dr. Hauke joins NextSource from FREYR Battery, a US and Norway-based lithium-ion battery cell developer, where he was Executive Vice [...]
Begins Transporting SuperFlake® Graphite Concentrate to Port for Export Nextsource Materials Inc. is pleased to announce the completion of the planned screening equipment upgrades at its Molo Graphite Mine in southern Madagascar. The Company has successfully upgraded equipment in the screening circuit to sort SuperFlake® graphite concentrate into individual size fractions to meet customer specifications. The Molo mine is [...]
Nextsource Materials Inc. announces the appointment of Jaco Crouse as Chief Financial Officer of the Company as part of its global growth strategy. Mr. Crouse today replaces Marc Johnson who has served as CFO since October 2015. Mr. Johnson will continue to provide consulting services to the Company to assist with the smooth transition of this role. The Board of Directors of the Company would like to thank Mr. Johnson for [...]
Nextsource Materials Inc. is pleased to announce an update on its global anode expansion strategy, including positive results of a technical and economic study for the construction of a proposed battery anode facility located in the Kingdom of Saudi Arabia . The Company further announces it has launched a strategic partner process to consider expressions of interest it has received for funding the battery anode facilities [...]
Nextsource Materials Inc. is pleased to announce the signing of a Mandate Letter with International Finance Corporation , the private sector investment arm of the World Bank Group, to lead a senior debt facility totaling US$91 million to fund an expansion of the Molo Graphite Mine in southern Madagascar. In December 2023, the Company released the results of a Technical Feasibility Study that confirmed the positive [...]
Nextsource Materials Inc. confirms changes to its top management team ahead of the next phase of the Company's global growth strategy. The Board of NextSource is pleased to announce the appointment of Hanré Rossouw as President and Chief Executive Officer effective November 1st, 2024, with Hanré initially joining the Board as a Director from September 1st, 2024. Hanré joins NextSource from his role as Executive Director [...]
NextSource Materials Executive Vice President Brent Nykoliation joined Steve Darling from Proactive to unveil the latest advancements in the development of the company's Battery Anode Facility located in the Freeport Zone of the port of Port-Louis, Mauritius. Through meticulous planning and a rigorous site selection process, NextSource Materials has achieved a significant milestone by securing a long-term lease agreement [...]
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