Nextsource Materials Inc. is pleased to provide an update on the status of the closing of the first tranche of a non-brokered private placement with Vision Blue Resources Ltd , a newly created battery commodity/resource-focused private investment company founded by Sir Mick Davis, former CEO of Xstrata Plc, previously announced on February 8, 2021. NextSource and Vision Blue have executed the definitive documentation in [...]
HIGHLIGHTS Vision Blue Resources Ltd, a newly created battery commodity/resource-focused investment company founded by Sir Mick Davis , has committed to a strategic investment in NextSource Materials to fully fund the construction of its Molo graphite mine in Madagascar Financing Package for total gross proceeds of US$29.5M as follows: US$6.1M equity private placement to close prior to end of February US$12.4M equity [...]
NextSource Materials Inc. , is pleased to announce the results of the Annual and Special Meeting of Shareholders held in Toronto, Ontario, Canada on December 29, 2020. As of the November 19, 2020, which was the record date for the Meeting, there were 598,073,572 common shares of the Company outstanding and entitled to vote at the Meeting. Of this amount, there were 226,708,050 common shares represented in person or by [...]
NextSource Materials Inc.'s Molo Graphite Project in Madagascar ranks as one of the largest-known and highest quality flake graphite deposits in the world. The Company continues to work towards advancing the development and construction of mining infrastructure at the Molo site. In furtherance of the Company's efforts, NextSource is pleased to announce that Brett Whalen, CFA, has been appointed Chair of the Board [...]
Nextsource Materials Inc.'s Molo Graphite Project in Madagascar is in the final stages of development and ranks as one of the largest-known and highest quality flake graphite deposits in the world. As part of NextSource's ongoing strategy to continually strengthen and enhance the Company's operating capabilities and capital markets exposure, the Company is pleased to announce that Mr. Brett Whalen, CFA, has joined the [...]
Nextsource Materials Inc.'s announces that it has completed a non-brokered private placement offering of 61,578,783 units at a price of CAD$0.0325 per Unit for gross proceeds of CAD$2,001,310. The Offering received substantial support from existing shareholders of the Company. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant , with each full Warrant entitling the [...]
Nextsource Materials Inc. is pleased to announce that it has executed a Letter of Agreement with its Japanese offtake partner and a leading Chinese processor of graphite anode material to collaborate on the construction of a value-add, battery anode plant in a jurisdiction that is proximal to the Company’s Molo graphite project in Madagascar. To protect certain confidential aspects of the LOI, the Japanese Trading Company [...]
NextSource Materials Inc. announces board of director changes to the Company as it prepares for the transition from a mining development company to a future producing entity. Following the voting results of the shareholders in respect of the election of Directors at its Annual and Special Meeting of Shareholders held in Toronto on December 2, 2019, in accordance with the policies of the TSX and the Company's majority [...]
Nextsource Materials Inc. is pleased to announce the results of the Annual and Special Meeting of Shareholders held in Toronto, Ontario, Canada on December 2, 2019. As of the October 23, 2019, the record date for the Meeting, there were 507,417,021 common shares of the Company outstanding and entitled to vote at the Meeting. Of this amount, there were 230,165,579 common shares represented in person or by proxy at the [...]
NextSource Materials Inc. announces that it has extended the cut-off time and date for voting by proxy for its upcoming annual general meeting of shareholders on Monday, December 2nd, 2019. All forms of proxy must be received by TSX Trust Company no later than 7:59a.m. on Monday, December 2nd, 2019. The deadline has been extended in order to allow all shareholders who have not yet had an opportunity to vote to complete [...]
Nextsource Materials Inc. announces it has completed a non-brokered private placement offering of 29,077,768 units at a price of CAD$0.045 per Unit for gross proceeds of CAD$1,308,500. The Offering was over-subscribed and received substantial support from existing shareholders of the Company and from management and directors. Each Unit consists of one common share of the Company and one-half common share purchase warrant [...]
Nextsource Materials Inc. is pleased to announce that it has successfully registered Molo SuperFlake® as a trademark in Canada. The successful registration of this trademark means that NextSource has the exclusive right to brand all of its natural flake graphite sold in Canada as Molo SuperFlake® from its fully permitted and feasibility-stage Molo Graphite Project in Madagascar when it enters production and begins [...]
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