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NEXT.TO ·

NextSource Materials Inc. Exhibiting at 2018 Prospectors & Developers Association of Canada International Trade Show & Investors Conference

Marketing Announcement

NextSource Materials Inc. Exhibiting at 2018 Prospectors & Developers

Association of Canada International Trade Show & Investors Conference

NEWS RELEASE – TORONTO, March 1, 2018

NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or “the Company”) will

be exhibiting at the 2018 Prospectors & Developers Association of Canada (PDAC) International

Trade Show & Investors Conference.

NextSource welcomes all current and potential investors to visit Booth 2510 in the Investors

Exchange and meet with senior management to discuss the latest news and developments of the

Company’s Molo Graphite Project in Madagascar.

NextSource has also been selected by the PDAC to present during the Energy Materials and

Technologies session at the Corporate Presentation Forum for Investors. Mr. Brent Nykoliation,

NextSource’s senior vice president of corporate development, will present the Molo Project’s

highlights to investors on Monday March 5th at 3:15 PM in Ballroom 803 at the Metro Toronto

Convention Centre, South Building.

The PDAC is being held from Sunday, March 4 to Wednesday, March 7 at the Metro Toronto

Convention Centre, South Building. Trade show times and details can be accessed at

www.pdac.ca.

ABOUT NEXTSOURCE MATERIALS INC.

NextSource Materials Inc. is a mine development company based in Toronto, Canada, that is

developing its 100%-owned Molo Graphite Project in southern Madagascar. The Molo Graphite

Project is a feasibility-stage project and ranks as one of the largest-known and highest quality

flake graphite deposits in the world and the only project with SuperFlake® graphite.

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 craig@

nextsourcematerials.com

Safe Harbour: This press release contains statements that may constitute “forward-looking statements”

within the meaning of applicable Canadian securities legislation. Readers are cautioned not to place undue

reliance on such forward-looking statements. Forward-looking statements are related to the information

contained in this press release and the Company’s corporate presentation, which refers to the testing of the

pilot plant material by third parties, the results of the updated Feasibility Study, the results of the previous

2015 Molo Feasibility Study, funding of the development of the Molo Project, implementation and

commencement of the build-out of Phase 1 and Phase 2 of the Molo Project, commencement of production

at the Molo Project, commencement of procurement for mine infrastructure, the procurement of equipment

to construct a mine, value engineering, any and all product test results and product analysis, the permit

application. These are based on current expectations, estimates and assumptions that involve a number of

risks, which could cause actual results to vary and in some instances to differ materially from those

anticipated by the Company and described in the forward-looking statements contained in this press release.

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.