is pleased to announce that is has filed a preliminary short form prospectus in connection with an overnight marketed public offering of common shares from the treasury of the Company. The Offering will be conducted through a syndicate of underwriters co-led by Cormark Securities Inc. and BMO Capital Markets . The price per Security and size of the Offering will be determined in the context of the market at the time of [...]
TORONTO, July 12, 2023 /CNW/ - The following issues have been halted by CIRO: Company: Nextsource Materials Inc. TSX Symbol: NEXT All Issues: Oui Reason: Pending News Halt Time : 3:34 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
Nextsource Materials Inc. is pleased to announce that construction of the solar farm for the solar hybrid power plant at the Company's Molo Graphite mine in Madagascar has been completed. The Solar Hybrid Plant is owned and operated by CrossBoundary Energy under a 20-year power purchase agreement and consists of the 2.6 MW solar farm, a 3.1 MW thermal facility , and a 1 MWh battery energy storage system , which is [...]
Nextsource Materials Inc. announces that it has filed audited consolidated financial statements for the years ended June 30, 2022 and 2021 with an audit opinion completed in accordance with Canadian generally accepted auditing standards in order to replace the Public Company Accounting Oversight Board audit opinion. The Financial Statements are not amended or restated financial statements, and the CAS Opinion delivered by [...]
Nextsource Materials Inc. is pleased to announce the first production of SuperFlake® graphite concentrate at its Molo mine in Madagascar. President and CEO, Craig Scherba, commented: "First production of our SuperFlake® graphite is a significant achievement for NextSource and a testament to the dedication and hard work of our commissioning and operations teams, our employees and contractors, as well as the ongoing support [...]
Nextsource Materials Inc. announces that it has filed amended and restated unaudited condensed interim financial statements and management's discussion and analysis for the nine and three months ended March 31, 2023, and 2022 , which amends and restates the previously filed unaudited condensed interim financial statements and MD&A for the nine and three months ended March 31, 2023, and 2022. The Amended and Restated [...]
Nextsource Materials Inc. is pleased to announce that commissioning of the Company's Molo Graphite Mine in Madagascar has been initiated and the installation of the solar and battery facility for the hybrid power plant is in progress. The hybrid power plant consists of a thermal generation facility, which is already in operation, and a solar and battery facility, consisting of a 2.6MW solar PV facility and a 1MWh battery [...]
Nextsource Materials Inc. is pleased to announce its global anode expansion strategy and the economic results from the study relating to its first battery anode facility to be located in Mauritius. The highlights are as follows: Plans to construct, in stages, multiple BAFs globally in key jurisdictions that would be capable of producing commercial scale graphite anode material for lithium-ion batteries used in electric [...]
Nextsource Materials Inc. is pleased to announce that construction of the processing plant and mining camp for the Company's Molo Graphite Mine in Madagascar is now complete, and that the entire mining fleet is at site. President and CEO, Craig Scherba, commented: "We are now entering the final stages of development of Phase 1 and are fast approaching first production. We look forward to providing a more detailed update [...]
Nextsource Materials Inc. is pleased to announce the results of the Annual and Special Meeting of Shareholders held virtually at 10:00 AM Toronto, Ontario, Canada on December 5, 2022. The Board of Directors had fixed October 14, 2022 as the record date for the Meeting. There were 101,872,614 common shares outstanding and entitled to vote at the Meeting. A total of 50,199,686 common shares equivalent to 49.5% of the common [...]
Nextsource Materials Inc. is pleased to provide an update on the development of its Molo Graphite Mine in Madagascar, management appointments and progress on its proposed Battery Anode Facility deployment plans. The Company also announces the early exercise by Vision Blue Resources Limited of 23,214,286 warrants acquired in May 2021 for aggregate proceeds to the Company of approximately US$16.9 million. Molo Mine [...]
Nextsource Materials Inc. is pleased to provide a progress update for Phase 1 of the Molo Graphite Mine in Madagascar. The Processing Plant has arrived and been unloaded at the local port of Fort Dauphin in Madagascar and has cleared customs. Company-appointed logistics specialists have now commenced transporting all modules of the Processing Plant, including two mobile cranes, to the mine site. Earthworks at the mine [...]
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