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NextSource Materials Inc.: NextSource Materials Successfully Closes Second Private Placement of Strategic Investment by Vision Blue Resources ABOUT VISION BLUE RESOURCES LIMITED Vision Blue was founded in December 2020 by Sir Mick Davis to identify and capture opportunities in battery and technology minerals linked to EVs & Grid Storage growth. Vision Blue targets companies in established mining jurisdictions, with well-advanced and best-in-class battery material assets that are scalable and can be brought into production rapidly. Vision Blue aims to work with existing management teams to pro...

(0) 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 Boa...

(1) Three-way partnership pairs NextSource with a leading processor and a supplier of battery anode material within the Tesla supply chain. Provides NextSource with a complete, turn-key facility that is a duplicate of the current facilities that are processing spheronized and purified graphite (SPG) for lithium-ion batteries ("LiB") by current suppliers to Tesla and other electric vehicle ("EV") and hybrid vehicle ("HEV") manufacturers. Enables NextSource to gain immediate access to leading and established spheroidization technology intellectual property. As a result, the time required for fi...

Advertisement Bryan Cave Leighton Paisner (BCLP) has advised Vision Blue Resources Ltd (VBR), a newly created battery commodity/resource-focused investment company founded by Sir Mick Davis (former CEO of Xstrata Plc), on both its US$29.5 million investment in NextSource Materials and its, up to, US$12.6 million investment in Ferro-Alloy Resources Ltd (FAR). NextSource Materials is a mine development company based in Toronto, Canada. The US$29.5 million Financing Package will fully fund the construction of the company’s Molo graphite mine in Madagascar and will be completed in two tranches....