NextSource Materials Announces Results of 2021 Annual and Special Meeting of Shareholders
NextSource Materials Announces Results of 2021
Annual and Special Meeting of Shareholders
NEWS RELEASE – TORONTO, December 6, 2021
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 virtually at
10:30 AM Toronto, Ontario, Canada on December 6, 2021.
As of the record date for the Meeting, which was November 25, 2021, there were 99,026,656 common
shares of the Company outstanding and entitled to vote at the Meeting. A total of 51,726,338 common
shares equivalent to 52.2% of the common shares entitled to vote at the Meeting were represented in
person or by proxy.
The final voting results of the Meeting are set out below:
(1) Election of Directors. Each of the nominees were elected as directors to serve until the next annual
meeting of shareholders, or until their respective successors are elected or appointed. The
following table sets forth the voting results with respect to the election of directors:
Nominee For Withheld
Broker
Non-Vote
Sir Mick Davis 99.6% 0.4% 3.0%
Craig Scherba 99.6% 0.4% 3.0%
Brett Whalen 99.7% 0.3% 3.0%
Robin Borley 99.5% 0.5% 3.0%
Christopher Kruba 99.9% 0.1% 3.0%
Ian Pearce 99.9% 0.1% 3.0%
(2) Appointment of MNP LLP . The Company’s shareholders approved the re-appointment of MNP
LLP, Chartered Professional Accountants , as the Company’s auditors for the fiscal year ending
June 30, 2022 and that the Board of Directors is authorized to fix their remuneration. The following
table sets forth the voting results with respect to the re-appointment of MNP LLP:
For Withheld
98.2% 1.8%
ABOUT NEXTSOURCE MATERIALS INC.
NextSource Materials Inc. is a strategic materials development company based in Toronto, Canada that is
intent on becoming a fully integrated, global supplier of critical battery and technology materials needed to
power the sustainable energy revolution.
The Company’s Molo graphite project in Madagascar is one of the largest known and highest -quality
graphite deposits globally, and the only one with SuperFlake® graphite. Construction of Phase 1 of the
Molo Project is underway, with commissioning expected in Q2 2022.
NextSource Materials is listed on the Toronto Stock Exchange (TSX) under the symbol “NEXT” and on the
OTCQB under the symbol “NSRCF".
For further information contact: +1.416.364.4911
Brent Nykoliation, Senior Vice President, Corporate Development at [email protected]
or Craig Scherba, President and CEO at [email protected]
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. Forward looking
statements and information are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”,
“potential”, “possible” and other similar words, or statements that certain events or conditions “may”, “will”, “could”, or “should” occur. No assurance can
be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits the
Company will derive there from. The forward-looking statements contained in this news release are made as at the date of this news release and the
Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by applicable securities laws.