NextSource Materials Inc 6-K, filed Apr 6, 2021
NextSource Materials Inc. (NSRCF)
6-K
2021-04-06
For: 2021-03-31
View Original
Added on
April 12, 2026
About this 6-K
NextSource Materials Inc filed this 6-K on April 6, 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,
2021
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
Grant of LTIP
Awards.
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.
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NEXTSOURCE
MATERIALS INC.
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Date: April 5,
2021
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By:
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/s/ Marc Johnson
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Marc Johnson |
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Chief Financial Officer |
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Exhibit
99.1
On
March 19, 2021, the Company granted 13,000,000 stock options to
officers and directors exercisable at a price of CAD$0.36 for a
period of three years. The stock options
vested immediately.
On
March 19, 2021, the Company awarded 1,500,000 restricted share
units (RSUs) to directors that are convertible into common shares
for no additional consideration that will vest upon obtaining
shareholder approval of the second private placement at the Special
Meeting of Shareholders on May 17, 2021.
On
March 19, 2021, the Company awarded 1,250,000 restricted share
units (RSUs) to officers that are convertible into common shares
for no additional consideration that will vest on or before June
30, 2022 subject to achieving certain project milestones related to
the Molo Graphite Mine in Madagascar.
On
March 19, 2021, the Company awarded 2,000,000 restricted share
units (RSUs) to officers that are convertible into common shares
for no additional consideration that will vest on December 31,
2022.