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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 is focused on supplying battery materials through the mining and value-added processing of graphite and other minerals. Its segments include mine development and BAF development. The Company’s principal business is the development of the Molo Graphite Mine (the Molo Mine) 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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