HIGHLIGHTS: The 2019 Feasibility Study outlines a phased development approach with Phase 1 producing 17,000 tonnes per annum over the first two years of production and Phase 2 producing a total of 45,000 tpa by year 3. Over the modelled life of mine , the production plants will have a pre-tax internal rate of return of 43.1%, and a post-tax IRR of [...]
Nextsource Materials Inc. , is pleased to announce that it has received its Global Environmental Permit for the Molo Graphite Project from the Madagascar Ministry of Environment’s Office National pour l'Environnement . With this latest announcement, and the announcement on February 15, 2019 that NextSource had received its 40-year Mining [...]
Nextsource Materials Inc. announces it has completed a non-brokered private placement offering of 16,086,426 common shares at a price of CAD$0.11 per share for gross proceeds of CAD$1,769,507. The net proceeds from the Offering will be used to deploy the Company’s operational-readiness team in Madagascar, which will begin preparations in [...]
HIGHLIGHTS: The Madagascar Government has granted a 40-year Mining License for the Molo Graphite Project Detailed Engineering and Front End Engineering and Design are complete Nextsource Materials Inc. , is pleased to announce that the Madagascar Government has granted a 40-year mining license for the Molo Graphite Project. The mining license does [...]
Nextsource Materials Inc. , is pleased to announce that it has received conditional approval for its Global Environmental Permit for the Molo Graphite Project from the Madagascar Ministry of Environment’s Office National pour l'Environnement . The Global Environmental Permit will be granted to NextSource upon receiving its Mining Permit. The [...]
Nextsource Materials Inc. , is pleased to announce the results of the Annual and Special Meeting of Shareholders held in Toronto, Ontario, Canada on December 4, 2018. As of the October 18, 2018, the record date for the Meeting, there were 491,330,595 common shares of the Company outstanding and entitled to vote at the Meeting. Of this amount, there [...]
NEWS RELEASE – Nextsource Materials Inc. , is pleased to announce the appointment of Mr. Brett Whalen, CFA as the Company’s exclusive Mergers and Acquisitions advisor. Mr. Whalen has over 18 years of investment banking and M&A expertise, spending 16 of those years at Dundee Corporation where he was most recently Vice President and [...]
Adds to Trademark Registrations in Japan and European Union Nextsource Materials Inc. , is pleased to announce that it has successfully registered SuperFlake® as a trademark in South Korea. The registration of the SuperFlake® trademark means that NextSource now has the exclusive right to use this trademark on all natural graphite sold in [...]
HIGHLIGHTS Ten year binding Offtake Agreement signed with a prominent Japanese Graphite Trading Company to purchase 20,000 tonnes per annum of Molo SuperFlake® graphite for use in battery anode applications for electrical vehicles . The Japanese Partner is a major supplier of flake graphite to Japan’s largest battery processor and [...]
Nextsource Materials Inc. announces it has completed a non-brokered private placement offering of 21,659,270 units at a price of CAD$0.07 per Unit for gross proceeds of CAD$1,474,149. The Offering received substantial support from existing shareholders of the Company and included participation by management and directors of NextSource. Each Unit [...]
TORONTO, June 12, 2018 -- Nextsource Materials Inc. announces that its long held,100%-owned Sagar Property in the Romanet Horst/Labrador Trough region of Quebec, Canada has received renewed attention due to it hosting significant cobalt mineralization. This development provides NextSource with the advantageous position of having now a third [...]
Marks Third Strategic Battery Material in Company’s Portfolio TORONTO, June 12, 2018 -- Nextsource Materials Inc. announces that its long held,100%-owned Sagar Property in the Romanet Horst/Labrador Trough region of Quebec, Canada has received renewed attention due to it hosting significant cobalt mineralization. This development provides [...]
