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Bullboard - Stock Discussion Forum NextSource Materials Inc T.NEXT

Alternate Symbol(s):  NSRCF

NextSource Materials Inc. is a Canada-based battery materials development company. The Company has two operating segments, consisting of mine development and the exploration and evaluation of mineral resources. It owns a owns a 100% interest in the Molo Graphite Mine (Molo) located in the Province of Toliara, Southern Madagascar. The Molo Graphite Mine project is located near the town of... see more

TSX:NEXT - Post Discussion

NextSource Materials Inc > Second Private Placement by "Vision Blue"
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Post by riskybznz on Apr 19, 2021 6:30pm

Second Private Placement by "Vision Blue"

At the upcoming "Special Meeting" on Monday May 17, 2021 Shareholders will be ask to approve the issue of  232,142,857 common shares and 232,142,857 warrants at $0.07 per unit for gross proceeds of US$12.4 million. This represents the "Second Private Placement" from "Vision Blue"

This is from the Proxy Voting Form announcing the Special Meeting I recieved today
Comment by StanPippen5 on Apr 20, 2021 1:21am
Is this the reason behind drop?
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