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TORONTO, ON / ACCESSWIRE / April 22, 2021 /
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, in order to complete the full investment of US$29.5 million committed by Vision Blue for investment into NextSource.
The Board of Directors unanimously recommends that shareholders vote
FOR the ordinary resolution (the Transaction Resolution ) approving the second tranche of the previously announced financing, that will enable NextSource to be fully funded and commission the Molo mine in April 2022.