Nextsource Materials Inc.

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 Company is pleased to announce that Mr. Brett Whalen, CFA, has joined the [...]

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 one common share purchase warrant , with each full Warrant entitling the [...]

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 protect certain confidential aspects of the LOI, the Japanese Trading Company [...]

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, in accordance with the policies of the TSX and the Company's majority [...]

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 were 230,165,579 common shares represented in person or by proxy at the [...]

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 all shareholders who have not yet had an opportunity to vote to complete [...]

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 one common share of the Company and one-half common share purchase warrant [...]

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 feasibility-stage Molo Graphite Project in Madagascar when it enters production and begins [...]

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 robust results of its 2019 Feasibility Study , which outlines a phased [...]

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 36.2%. The pre-tax Net Present Value at 8% discount rate will be US$237.1M [...]