Nextsource Materials Inc. is pleased to announce it has commenced procurement for its Molo graphite mine in Madagascar, ahead of expected mine construction in August 2021 and mine commissioning in April 2022. Since securing a funding package from its new strategic investor, Vision Blue Resources Limited, the Company has been working diligently with [...]
Nextsource Materials Inc. is pleased to announce a Special Meeting of Shareholders will be held virtually on May 17, 2021 to seek approval of the second and remaining tranche of the previously announced financing with Vision Blue Resources Limited , a newly created battery commodity/resource-focused private investment company founded by Sir Mick [...]
Nextsource Materials Inc. will be presenting at the Money, Metals, & Mining Virtual Expo from April 20th to April 22nd, 2021. The Expo will take place virtually and attracts approximately 2500 retail investors from across the United States. NextSource's executive vice president, Brent Nykoliation will present Thursday April 22nd at 3:55PM Eastern [...]
Three-way partnership pairs NextSource with a leading processor and a supplier of battery anode material within the Tesla supply chain. Provides NextSource with a complete, turn-key facility that is a duplicate of the current facilities that are processing spheronized and purified graphite for lithium-ion batteries by current suppliers to Tesla and [...]
Nextsource Materials Inc. will be presenting at the Cormark Securities Inflection 2021 Environmental Sustainability Conference, April 12th to 16th. The conference will take place virtually, featuring 40 companies and over 200 institutional and retail investors. NextSource is the only graphite company being featured at the Conference. Sir Mick [...]
EPCM contract awarded to, and being finalized with, Erudite Strategies Ltd. of South Africa The Molo mine is scheduled to commission in March, 2022 Nextsource Materials Inc. is pleased to announce it has commenced the Construction process of its Molo graphite mine in Madagascar with the awarding of the engineering, procurement, and construction [...]
Sir Mick Davis, former CEO of Xstrata plc, has been appointed Chair of the Board effective immediately Completed initial private placement of US$6.1M, which forms the first part of the previously announced Total Financing Package of US$29.5M to fully fund the construction of the Company's Molo graphite mine in Madagascar committed by Vision Blue [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]