December 14, 2021
NEWS RELEASE – TORONTO, December 14, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce that fabrication and assembly of the processing plant for Phase 1 of the Molo Graphite Mine (the “Processing Plant”) has been completed by our Engineering, Procurement and Construction contractor (the ...
December 6, 2021
NEWS RELEASE – TORONTO, December 6, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce the results of the Annual and Special Meeting of Shareholders (the “Meeting”) held virtually at 10:30 AM Toronto, Ontario, Canada on December 6, 2021. As of the record date for ...
November 23, 2021
NEWS RELEASE – TORONTO, November 23, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) announces it has awarded a power supply contract to independent power producer CrossBoundary Energy (“CBE”) for the long-term supply of solar and thermal generation to power the operations of its Molo graphite mine in ...
November 15, 2021
NEWS RELEASE – TORONTO, November 15, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) announces it has signed a binding Amended and Restated Collaboration Agreement (“Enhanced Collaboration Agreement”) with key processors of anode material within the Tesla supply chain (“the Partners”) to incorporate a proprietary and established graphite ...
September 8, 2021
NEWS RELEASE – TORONTO, September 8, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) announces that it intends to assess emerging opportunities to accelerate expansion of its organic growth strategy through the potential acquisition and development of additional metals and mineral assets expected to play a vital role ...
August 18, 2021
NEWS RELEASE – TORONTO, August 18, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce that its mine construction schedule is on track and on budget for its Molo Graphite Project in Madagascar. Progress development highlights include: Construction is on track with all major equipment ...
July 22, 2021
NEWS RELEASE – TORONTO, July 22, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce that it has been accepted as a member of both the European Battery Alliance (“EBA”) and the European Raw Materials Alliance (“ERMA”). The EBA was established in October 2017 by ...
July 14, 2021
NextSource Materials Announces Appointment of Leading Mining Executive and Former CEO of Xstrata Nickel to its Board of Directors as it Advances its Vertically Integrated Mine Strategy Ian Pearce, a leading global mining executive, former CEO of Xstrata Nickel and the founding partner of X2 Resources has joined the Board ...
July 7, 2021
NEWS RELEASE – TORONTO, July 7, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) announces it has closed US$8.0 million of a total US$11.0 million in non-dilutive royalty financing by Vision Blue Resources (“Vision Blue”) in respect to the sales of SuperFlake® graphite concentrate from the Molo Graphite ...
June 23, 2021
NEWS RELEASE – TORONTO, June 23, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) announces the commencement of a technical study for a Phase 2 production capacity of at least 150,000 tonnes per annum (“tpa”) of SuperFlake® for its Molo Graphite Mine in Madagascar. This is a significant ...
May 25, 2021
NEWS RELEASE – TORONTO, May 25, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce it has executed an offtake agreement (“the Offtake”) with thyssenkrupp Materials Trading GmbH (“thyssenkrupp”), an international trading and services company headquartered in Essen, Germany, for a long-term commercial agreement for ...
May 19, 2021
NEWS RELEASE – TORONTO, May 19, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce the closing of the second private placement (the “Second Private Placement”) pursuant to the US$29.5 million investment agreement (the “Investment Agreement”) entered between the Company and Vision Blue Resources Limited ...
May 18, 2021
NEWS RELEASE – TORONTO, May 18, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce the results of the Special Meeting of Shareholders held on May 17, 2021 (the “Meeting”) to seek approval of a resolution authorizing the Company to complete the second private placement ...
May 11, 2021
NEWS RELEASE – TORONTO, May 11, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) 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 ...
April 22, 2021
NEWS RELEASE – TORONTO, April 22, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) 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 ...
April 20, 2021
NEWS RELEASE – TORONTO, April 20, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) 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 ...
April 12, 2021
NEWS RELEASE – TORONTO, April 12, 2021 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 (SPG) ...
March 29, 2021
NEWS RELEASE – TORONTO, March 29, 2021 EPCM (Engineering, Procurement and Construction Management) 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. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce it ...
March 15, 2021
NEWS RELEASE – TORONTO March 15, 2021 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 ...
March 4, 2021
NEWS RELEASE – TORONTO, March 4, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to provide an update on the status of the closing of the first tranche of a non-brokered private placement (the “Initial Private Placement”) with Vision Blue Resources Ltd (“Vision Blue”), a newly ...
February 8, 2021
NEWS RELEASE – TORONTO, February 8, 2021 HIGHLIGHTS Vision Blue Resources Ltd, a newly created battery commodity/resource-focused investment company founded by Sir Mick Davis (former CEO of Xstrata Plc), has committed to a strategic investment in NextSource Materials to fully fund the construction of its Molo graphite mine in Madagascar ...