NextSource Materials Inc 6-K, filed Mar 4, 2021
NextSource Materials Inc. (NSRCF)
6-K
2021-03-04
For: 2019-03-07
View Original
Added on
April 12, 2026
About this 6-K
NextSource Materials Inc filed this 6-K on March 4, 2021.
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of March,
2019
Commission
File Number 000-51151
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NEXTSOURCE MATERIALS INC.
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(Translation
of registrant’s name into English)
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1940-130 King Street West
Toronto, Ontario, Canada
M5X 2A2
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(Address
of principal executive office)
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Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F
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Form
20-F
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☒
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Form
40-F
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☐
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(1):
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Yes
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☐
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No
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☒
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(7):
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Yes
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☐
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No
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☒
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Exhibits
Press release dated
March 7, 2019 announcing the completion of a non-brokered private
placement.
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Dated:
March 4, 2021
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NEXTSOURCE MATERIALS INC.
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/s/
Marc Johnson
Marc
JohnsonChief Financial Officer
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Exhibit 99.1
NextSource
Materials Completes Non-Brokered Private Placement
TORONTO, March 07,
2019 -- NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF)
(“NextSource” or the “Company”) announces
it has completed a non-brokered private placement offering (the
“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 anticipation of the Company’s
financing and construction of the Molo Graphite mine, and for
general and administrative expenses. NextSource announced on
February 15, 2019 that it was granted a 40-year Mining License for
the Molo Graphite Project that does not limit mining to any
specific production volume, enabling the Company to produce as much
SuperFlake® graphite concentrate as market demand
requires.
Finder
fees were paid in relation to the Offering, consisting of
CAD$35,300. All securities issued in connection with the Offering
will be subject to a minimum four-month hold period as required by
Canadian securities laws.
The
Company has obtained conditional approval from the Toronto Stock
Exchange (the “TSX”) for the listing of all common
shares issued pursuant to the Offering. The Offering is subject to
receipt of final approval of the TSX.
ABOUT
NEXTSOURCE MATERIALS INC.
NextSource
Materials Inc. is a mine development company based in Toronto,
Canada, that is developing its 100%-owned Molo Graphite Project in
southern Madagascar. The Molo Graphite Project is a permitted,
feasibility-stage and shovel-ready project that ranks as one of the
largest-known and highest quality flake graphite deposits in the
world and is the only project with SuperFlake®
graphite.
For
further information contact: +1.416.364.4911
Brent
Nykoliation, SVP, Corporate Development at
brent@nextsourcematerials.com or Craig Scherba, President and CEO
at craig@nextsourcematerials.com
Safe Harbour: This press release contains statements that may
constitute “forward-looking statements” or
“forward looking information” within the meaning of
applicable Canadian securities legislation. Readers are cautioned
not to place undue reliance on such forward-looking information.
Forward-looking information in this press release includes, but are
not limited to, the receipt of the Global Environmental and Mining
permits and all other approvals and the timing thereof, the
financing and construction of the Molo Graphite Project, and the
operation of the Molo Graphite Project including adherence to
certain environmental standards. These are based on current
expectations, estimates and assumptions, and although the Company
believes the expectations expressed in such forward-looking
information are based on reasonable assumptions, actual results or
developments may vary and, in some instances, differ materially
from those anticipated by the Company and described in the
forward-looking information contained in this press release. There
are risks that the aforementioned permits will not be issued or
timing may be delayed. No assurance can be given that any of the
events anticipated by the forward-looking information will
transpire or occur or, if any of them do so, what benefits the
Company will derive there from. Other risks relating to the
permits, the Molo Project and the Company can be found in the
Company’s Annual Information Form for the year ended June 30,
2018 available at www.SEDAR.com.
The forward-looking information contained in this news release are
made as at the date of this news release and the Company does not
undertake any obligation to update publicly or to revise any of the
forward-looking information, whether as a result of new
information, future events or otherwise, except as may be required
by applicable securities laws.