Nextsource Materials Inc. is pleased to announce the signing of a non-binding Memorandum of Understanding with South Korea's POSCO International for strategic collaboration that could involve an equity investment into the Company as well as a long-term offtake agreement for spheronized and purified graphite and the Company's other graphite products. The MoU envisages the potential for a definitive offtake agreement for [...]
is pleased to announce that it has closed its previously announced overnight marketed public offering . Pursuant to the Offering, NextSource issued 30,303,500 common shares of the Company at a price of C$1.65 per Share for gross proceeds of C$50,000,775. The Offering was conducted through a syndicate of underwriters co-led by Cormark Securities Inc. and BMO Capital Markets, and including Clarus Securities Inc. , pursuant [...]
Not for distribution to United States newswire services or for dissemination in the United States announces that, in connection with its previously announced public offering of common shares of the Company and the review by the Ontario Securities Commission of the amended and restated preliminary short form prospectus of the Company dated July 13, 2023, and including the documents incorporated by reference therein , the [...]
TORONTO, July 13, 2023 /CNW/ - Trading resumes in: Company: Nextsource Materials Inc. TSX Symbol: NEXT All Issues: Yes Resumption : 11:15 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading [...]
is pleased to announce that it has priced its previously announced overnight marketed public offering . Pursuant to the Offering, NextSource will issue 30,303,500 common shares of the Company at a price of C$1.65 per Share for gross proceeds of approximately C$50 million. The Offering is being conducted through a syndicate of underwriters co-led by Cormark Securities Inc. and BMO Capital Markets . In addition, the Company [...]
is pleased to announce that is has filed a preliminary short form prospectus in connection with an overnight marketed public offering of common shares from the treasury of the Company. The Offering will be conducted through a syndicate of underwriters co-led by Cormark Securities Inc. and BMO Capital Markets . The price per Security and size of the Offering will be determined in the context of the market at the time of [...]
TORONTO, July 12, 2023 /CNW/ - The following issues have been halted by CIRO: Company: Nextsource Materials Inc. TSX Symbol: NEXT All Issues: Oui Reason: Pending News Halt Time : 3:34 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
Nextsource Materials Inc. is pleased to announce that construction of the solar farm for the solar hybrid power plant at the Company's Molo Graphite mine in Madagascar has been completed. The Solar Hybrid Plant is owned and operated by CrossBoundary Energy under a 20-year power purchase agreement and consists of the 2.6 MW solar farm, a 3.1 MW thermal facility , and a 1 MWh battery energy storage system , which is [...]
Nextsource Materials Inc. announces that it has filed audited consolidated financial statements for the years ended June 30, 2022 and 2021 with an audit opinion completed in accordance with Canadian generally accepted auditing standards in order to replace the Public Company Accounting Oversight Board audit opinion. The Financial Statements are not amended or restated financial statements, and the CAS Opinion delivered by [...]
Nextsource Materials Inc. 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 commissioning and operations teams, our employees and contractors, as well as the ongoing support [...]
Nextsource Materials Inc. announces that it has filed amended and restated unaudited condensed interim financial statements and management's discussion and analysis for the nine and three months ended March 31, 2023, and 2022 , which amends and restates the previously filed unaudited condensed interim financial statements and MD&A for the nine and three months ended March 31, 2023, and 2022. The Amended and Restated [...]
Nextsource Materials Inc. 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 progress. The hybrid power plant consists of a thermal generation facility, which is already in operation, and a solar and battery facility, consisting of a 2.6MW solar PV facility and a 1MWh battery [...]