TORONTO, ON / ACCESSWIRE / June 13, 2024 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or "the Company") is pleased to announce the signing of a Mandate Letter with International Finance Corporation ("IFC"), the private sector investment arm of the World Bank Group, to lead a senior debt facility totaling US$91 million (the "IFC Debt Facility") to fund an expansion of the Molo Graphite Mine (the "Molo... Read More

TORONTO, ON / ACCESSWIRE / May 28, 2024 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") confirms changes to its top management team ahead of the next phase of the Company's global growth strategy. The Board of NextSource is pleased to announce the appointment of Hanré Rossouw as President and Chief Executive Officer ("CEO") effective November 1 st , 2024, with Hanré initially joining the... Read More

TORONTO, ON / ACCESSWIRE / April 10, 2024 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce progress with the development of its Battery Anode Facility (BAF) in the Freeport Zone of the port of Port-Louis, Mauritius. Following a comprehensive site selection process, the Company has signed a long-term lease agreement for a site in the Freeport Zone of Port-Louis for... Read More

TORONTO, ON / ACCESSWIRE / February 5, 2024 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or "the Company") announces an update on the commissioning process at its Molo Graphite Mine ("Molo mine") in southern Madagascar. Since announcing first graphite production in June 2023, the Company has progressed methodically through debottlenecking and optimization activities to achieve the plant nameplate... Read More

Highlights Feasibility Study confirms highly attractive economics for a large-scale expansion of the Molo Mine and processing facility to a steady-state production rate of 150,000 tpa of graphite concentrate Estimated capital cost of US$161.7 million (including contingency), with pre-tax NPV 8 of US$424.1 million and a pre-tax IRR of 31.1% Expansion significantly de-risked through application of NextSource's all-modular... Read More

TORONTO, ON / ACCESSWIRE / December 6, 2023 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the appointment of Ms. Martina Buchhauser to the Board of Directors and results of the Annual and Special Meeting of Shareholders (the "Meeting") held virtually at 9:00 AM Toronto, Ontario, Canada on December 5, 2023. Ms. Buchhauser is a global leader with a profound knowledge... Read More

TORONTO, ON / ACCESSWIRE / November 24, 2023 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that Mr Robin Borley has resigned as Chief Operating Officer of the Company. NextSource is pleased to announce it has appointed Mr Johnny Velloza as Chief Operating Officer on an interim basis. Mr. Velloza has a wealth of technical and operating experience in the mining industry spanning... Read More

TORONTO, ON / ACCESSWIRE / October 23, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce it has made its first bulk container shipment of SuperFlake® graphite from the Company's Molo Mine ("Molo") in Madagascar. This first shipment of Molo SuperFlake® graphite has... Read More

TORONTO, ON / ACCESSWIRE / September 28, 2023 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces an update to its plans to construct its first battery anode facility (BAF) in Mauritius. In connection with the Mauritius BAF location, the Company advises that the lessor has not delivered the premises free from any occupant(s) or occupation pursuant to the terms of the long term lease... Read More

TORONTO, ON / ACCESSWIRE / September 5, 2023 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the signing of a non-binding Memorandum of Understanding ("MoU") with South Korea's POSCO International ("POSCO") for strategic collaboration that could involve an equity investment into the Company as well as a long-term offtake agreement for spheronized and purified... Read More

TORONTO, ON / ACCESSWIRE / July 26, 2023 / (TSX:NEXT) NextSource Materials (" NextSource " or the " Company ") announces that, in connection with its previously announced public offering of common shares of the Company (the " Offering ") and the review by the Ontario Securities Commission (the " OSC ") of the amended and restated preliminary short form prospectus of the Company dated July 13, 2023, and including the... Read More

TORONTO, ON / ACCESSWIRE / July 6, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that construction of the solar farm for the solar hybrid power plant (the "Solar Hybrid Plant") at the Company's Molo Graphite mine in Madagascar has been completed. The Solar Hybrid Plant is owned and operated by CrossBoundary Energy (CBE) under a 20-year power purchase... Read More

TORONTO, ON / ACCESSWIRE / July 5, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") announces that it has filed audited consolidated financial statements for the years ended June 30, 2022 and 2021 (the "Financial Statements") with an audit opinion completed in accordance with Canadian generally accepted auditing standards (the "CAS Opinion") in order to replace the Public Company... Read More

TORONTO, ON / ACCESSWIRE / June 22, 2023 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the first production of SuperFlake® graphite concentrate at its Molo mine in Madagascar. President and CEO, Craig Scherba, commented: "First production of our SuperFlake® graphite is a significant achievement for NextSource and a testament to the dedication and hard work of our... Read More

TORONTO, ON / ACCESSWIRE / June 5, 2023 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that it has filed amended and restated unaudited condensed interim financial statements and management's discussion and analysis ("MD&A") for the nine and three months ended March 31, 2023, and 2022 (the "Amended and Restated Financials"), which amends and restates the previously filed... Read More

TORONTO, ON / ACCESSWIRE / March 23, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that commissioning of the Company's Molo Graphite Mine in Madagascar has been initiated and the installation of the solar and battery facility for the hybrid power plant is in... Read More

TORONTO, ON / ACCESSWIRE / February 28, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce its global anode expansion strategy and the economic results from the study relating to its first battery anode facility (BAF) to be located in Mauritius. The highlights are as follows: Plans to construct, in stages, multiple BAFs globally in key jurisdictions that would be... Read More

TORONTO, ON / ACCESSWIRE / February 21, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that construction of the processing plant and mining camp for the Company's Molo Graphite Mine in Madagascar is now complete, and that the entire mining fleet is at site.... Read More

TORONTO, ON / ACCESSWIRE / December 5, 2022 / 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 10:00 AM Toronto, Ontario, Canada on December 5, 2022. The Board of Directors had fixed October 14, 2022 as the record date for the Meeting. There were 101,872,614 common shares... Read More

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide an update on the development of its Molo Graphite Mine ("Molo mine") in Madagascar, management appointments and progress on its proposed Battery Anode Facility ("BAF") deployment plans. The Company also announces the early exercise by Vision Blue Resources Limited ("Vision Blue") of 23,214,286 warrants acquired in May 2021... Read More

EmergingGrowth.com a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth Companies and Markets announces the Schedule of the 37 th Emerging Growth Conference. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall... Read More

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide a progress update for Phase 1 of the Molo Graphite Mine in Madagascar. The Processing Plant has arrived and been unloaded at the local port of Fort Dauphin in Madagascar and has cleared customs. Company-appointed logistics... Read More

NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide a site works update and to announce that a Madagascar subsidiary of CrossBoundary Energy ("CBE") has commenced the construction process for the solar and battery hybrid power plant for Phase 1 of the Molo Graphite Mine in Madagascar after the Company executed a definitive energy services agreement with CrossBoundary... Read More

NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that its construction team is now setup at the Molo Graphite Mine site in Madagascar and civil and earthworks have been initiated in preparation for the delivery and installation of the processing plant. The offsite fabrication and construction of the auxiliary buildings and structures has also been completed and these... Read More

NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or "the Company") is pleased to announce the results of a Preliminary Economic Assessment ("PEA") for an enhanced Phase 2 expansion of its 100%-owned Molo Graphite Mine Project in southern Madagascar. The PEA considered an enhanced Phase 2 expansion consisting of a stand-alone processing plant with a production capacity of 150,000 tonnes per annum ("tpa") of... Read More

NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that Factory Acceptance Testing and final verification of equipment design specifications and end-to-end functions of the processing plant for Phase 1 of the Molo Graphite Mine (the "Processing Plant") is complete. The Processing Plant was designed and built using an all-modular approach and is capable of processing... Read More

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 "EPC Contractor") in their off-shore assembly facility and that Factory Acceptance Testing has been initiated. The... Read More

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 the Meeting, which was November 25, 2021, there were 99,026,656 common shares of the Company outstanding and entitled to vote at the Meeting. A... Read More

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 Madagascar. The contract is for a 20-year term and has been designed to scale with the production output of the Molo mine,... Read More

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 coating process to its previously announced value-added, battery anode facility ("BAF")... Read More

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 in associated clean energy technologies. Following recent discussions with the Company's existing offtake... Read More

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 fabricated and ready to be received by the EPC Overall project progress exceeds 25% completion Personnel have been... Read More

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 the European Commission, the Executive Branch of the European Union, to bring together key stakeholders in the battery material, technology and... Read More

Mr. Ian Pearce, a leading global mining executive, former CEO of Xstrata Nickel and the founding partner of X2 Resources has joined the Board of NextSource Materials Mr. Pearce comes with more than 40 years of mining experience with major global producers and brings a unique combination of mine construction and operations expertise, coupled with in-depth Environmental, Social and Corporate governance ("ESG") experience. He... Read More

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 Project. The royalty payment is part of the total US$29.5 million strategic investment by Vision Blue Resources announced... Read More

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 increase from our 2019 Feasibility Study ("FS") that considered a Phase 2 capacity of only 45,000 tpa. The new minimum targeted capacity... Read More

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 the sale of NextSource's SuperFlake® graphite products. KEY HIGHLIGHTS Long-term binding... Read More

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 ("Vision Blue") on February 8, 2021. Vision Blue is a newly created battery... Read More

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 (the "Second Private Placement") pursuant to the US$29.5 million investment agreement entered between the Company and Vision Blue... Read More

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 from its new strategic investor, Vision Blue Resources Limited, the Company has been working diligently with its EPC... Read More

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 Resources Limited ("Vision Blue"), a newly created battery commodity/resource-focused private investment company founded by Sir Mick Davis,... Read More

NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") will be presenting at the Money, Metals, & Mining Virtual Expo from April 20 th to April 22 nd , 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 22 nd at 3:55PM Eastern Daylight Time.... Read More

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) for lithium-ion batteries ("LiB") by current suppliers to Tesla and other electric vehicle ("EV") and hybrid vehicle ("HEV")... Read More

NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") will be presenting at the Cormark Securities Inflection 2021 Environmental Sustainability Conference, April 12 th to 16 th . 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 Davis, Chairman of... Read More

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 has commenced the Construction process of its Molo graphite mine in Madagascar with the awarding of the engineering,... Read More

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 Resources Limited, a newly created battery commodity/resource-focused investment... Read More

TORONTO, ON / ACCESSWIRE / 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 created battery commodity/resource-focused private investment company founded by Sir Mick... Read More