NextSource Materials Inc 6-K, filed Mar 4, 2021
NextSource Materials Inc. (NSRCF)
6-K
2021-03-04
For: 2019-12-02
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 December,
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
December 2, 2019 announcing results of the 2019 Annual and Special
Meeting of Shareholders.
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
Johnson
Chief
Financial Officer
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Exhibit 99.1
NextSource Materials Announces Results of 2019 Annual and Special
Meeting of Shareholders
NEWS RELEASE – TORONTO, December
2, 2019
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 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
Meeting.
The
final voting results of the Meeting are set out below:
(1)
Election of Directors. The
following table sets forth the vote of the shareholders at the
Annual Meeting with respect to the election of
directors:
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Nominee
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For
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Withheld
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Craig
Scherba
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98.3%
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1.7%
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Robin
Borley
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98.8%
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1.2%
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Dean
Comand
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93.5%
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6.5%
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Christopher
Kruba
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98.5%
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1.5%
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David
McNeely
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98.5%
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1.5%
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John
Sanderson
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16.2%
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83.8%
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Dalton
Larson
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34.0%
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66.0%
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In
accordance with the Company’s majority voting policy, John
Sanderson and Dalton Larson have each submitted an offer to resign
to the Board. The Board will consider the respective resignation
offers and will notify shareholders in due course by press
release.
(2)
Appointment of MNP LLP. The
Company’s shareholders approved the appointment of MNP LLP be
appointed as auditors of the Company to hold office until the close
of the next annual meeting of shareholders of the Company at such
remuneration as may be fixed by the directors of the Company and
the directors be and they are hereby authorized to fix such
remuneration. The following table sets forth the vote of the
shareholders at the Annual Meeting with respect to the appointment
of MNP LLP:
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For
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Withheld
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93.3%
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6.7%
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(3)
Approval of the Share
Consolidation. The Company’s shareholders approved an
amendment to the Company’s articles of incorporation or
articles of continuance, as applicable, to be completed at the
Board’s sole discretion, to effect a share consolidation
(reverse stock split) of the Company’s outstanding common
shares in a ratio of between one-for-five and one-for-ten, at any
time prior to
the one
year anniversary of the Meeting, without further stockholder
approval. The following table sets forth the vote of the
shareholders at the Annual Meeting with respect to the approval of
the share consolidation and corresponding amendment to our
articles:
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For
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Against
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90.5%
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9.5
%
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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 fully
permitted, feasibility-stage 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, Senior Vice President, 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” within the
meaning of applicable Canadian and United States securities
legislation. Readers are cautioned not to place undue reliance on
such forward-looking statements. These forward-looking statements
are subject to risks and uncertainties and other factors that may
cause NextSource Materials Inc. results to differ materially from
expectations. These include risks relating to market fluctuations,
property performance and other risks. These forward-looking
statements speak only as of the date hereof. Certain statements
contained in this press release constitute forward-looking
statements. The use of any of the words "anticipate", "continue",
"estimate", "expect", "may", "will", "project", "should", "believe"
and "confident" and similar expressions are intended to identify
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those
anticipated in such forward-looking statements. NextSource
Materials Inc. believes that the expectations reflected in those
forward-looking statements are reasonable, but no assurance can be
given that these expectations will prove to be correct and such
forward- looking statements included in, or incorporated by
reference into, this press release should not be unduly relied
upon. These statements speak only as of the date of this press
release. NextSource Materials Inc. undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or
otherwise.