Nextsource Materials Inc. announces an update on the commissioning process at its Molo Graphite Mine in southern Madagascar. Since announcing first graphite production in June 2023, the Company has progressed methodically through debottlenecking and optimization activities to achieve the plant nameplate capacity of 17,000 tonnes per annum of [...]
Highlights Feasibility Study confirms highly attractive economics for a large-scale expansion of the Molo Mine and processing facility to a steady-state production rate of 150,000 tpa of graphite concentrate Estimated capital cost of US$161.7 million , with pre-tax NPV8 of US$424.1 million and a pre-tax IRR of 31.1% Expansion significantly [...]
Nextsource Materials Inc. is pleased to announce the appointment of Ms. Martina Buchhauser to the Board of Directors and results of the Annual and Special Meeting of Shareholders held virtually at 9:00 AM Toronto, Ontario, Canada on December 5, 2023. Ms. Buchhauser is a global leader with a profound knowledge of the automotive industry and its [...]
Nextsource Materials Inc. announces that Mr Robin Borley has resigned as Chief Operating Officer of the Company. NextSource is pleased to announce it has appointed Mr Johnny Velloza as Chief Operating Officer on an interim basis. Mr. Velloza has a wealth of technical and operating experience in the mining industry spanning 30 years during which he [...]
Nextsource Materials Inc. is pleased to announce it has made its first bulk container shipment of SuperFlake® graphite from the Company's Molo Mine in Madagascar. This first shipment of Molo SuperFlake® graphite has been sent to the Company's downstream technical partner's Battery Anode Facility to be processed into spheronized, purified graphite [...]
Nextsource Materials Inc. announces an update to its plans to construct its first battery anode facility in Mauritius. In connection with the Mauritius BAF location, the Company advises that the lessor has not delivered the premises free from any occupant or occupation pursuant to the terms of the long term lease agreement and accordingly the [...]
Nextsource Materials Inc. is pleased to announce the signing of a non-binding Memorandum of Understanding with South Korea's POSCO International for strategic collaboration that could involve an equity investment into the Company as well as a long-term offtake agreement for spheronized and purified graphite and the Company's other graphite [...]
is pleased to announce that it has closed its previously announced overnight marketed public offering . Pursuant to the Offering, NextSource issued 30,303,500 common shares of the Company at a price of C$1.65 per Share for gross proceeds of C$50,000,775. The Offering was conducted through a syndicate of underwriters co-led by Cormark Securities [...]
Not for distribution to United States newswire services or for dissemination in the United States announces that, in connection with its previously announced public offering of common shares of the Company and the review by the Ontario Securities Commission of the amended and restated preliminary short form prospectus of the Company dated July 13 [...]
TORONTO, July 13, 2023 /CNW/ - Trading resumes in: Company: Nextsource Materials Inc. TSX Symbol: NEXT All Issues: Yes Resumption : 11:15 AM 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 [...]
is pleased to announce that it has priced its previously announced overnight marketed public offering . Pursuant to the Offering, NextSource will issue 30,303,500 common shares of the Company at a price of C$1.65 per Share for gross proceeds of approximately C$50 million. The Offering is being conducted through a syndicate of underwriters co-led by [...]
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 [...]
