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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Nextsource Materials Inc. would like to inform investors that a new corporate presentation is now available on its website at www.nextsourcematerials.com that contains current information on the Company's activities regarding its 100%-owned and fully permitted Molo Graphite Project in southern Madagascar. NextSource announced on September 27th the [...]
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 [...]
