NextSource Materials Inc. Reminds Stockholders Deadline is Today to Vote in Support of Redomiciling to Canada
NextSource Materials Inc. Reminds Stockholders Deadline
is Today to Vote in Support of Redomiciling to Canada
NEWS RELEASE – TORONTO, December 4, 2017
NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRC) (“NextSource” or the “Company”) has
received numerous inquiries from stockholders regarding how to vote their respective shares in
their efforts to support the Company’s intention to move the corporate domicile of the Company
to Canada (the “Redomicile”) so that it may operate under the Canada Business Corporations
Act (“CBCA”). The Company is currently incorporated under the laws of Minnesota.
Redomiciling to Canada from Minnesota will provide the Company a significant reduction in
operating cost related to administrative and legal fees, as well as logically aligning our corporate
domicile to where the head office and executive management reside. There will be no change in
how NextSource conducts its business. It will conduct the same business as it conducted prior
to the Redomicile and will continue to be traded on the TSX under the symbol “NEXT” and on
the OTCQB under the symbol “NSRC”.
HOW TO VOTE
The majority of stockholders will be “non-registered”. This means that your shares were either:
i) purchased through a broker or bank, or
ii) currently held with a broker or in a trading account at a broker or bank, or
iii) purchased by you through an online discount broker
If any of the above conditions apply to stockholders, you will need to call your broker , bank or
the online discount broker where you currently hold your shares and inform them you wish to
vote your shares today for NextSource’s 2017 Annual and Special Meeting (the “AGM”) of
stockholders.
Non-registered stockholders will most likely be provided with a “control number” to allow you to
vote online or will provide you with other instructions to vote your shares.
Your vote is important regardless of the number of shares you own. If any stockholders
have not yet voted their respective shares, the Company encourages them to do so.
TODAY AT MIDNIGHT IS THE DEADLINE TO VOTE YOUR SHARES.
PLEASE VOTE TODAY.
The Board of Directors unanimously recommends that stockholders vote “FOR” this proposal
and support the Company’s continuing efforts to operate in the most efficient manner and
reduce operating expenses wherever possible.
STOCKHOLDER QUESTIONS
Stockholders of NextSource who have questions regarding the Redomicile or may still
have questions on how to vote may contact the Company’s Senior Vice President
directly by email at [email protected].
MAJORITY STOCKHOLDER APPROVAL REQUIRED
In order for the Company to complete its proposed corporate Redomicile to Canada, it is
required to obtain majority approval (50-percent plus one) from existing stockholders.
A Proxy Statement was mailed to all stockholders on or about November 13, 2017 ahead of its
upcoming 2017 AGM of stockholders, which will be held on December 5th at 10:00am at the
Company’s Toronto offices.
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 to expected
production in 2018. The Molo Graphite Project is a feasibility-stage, shovel-ready 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 and United States securities legislation. Readers are cautioned not to place undue
reliance on such forward-looking statements. Forward-looking statements in this press release relates to the
anticipated benefits of the Redomicile, the approval of the Redomicile by our stockholders, the holding of the AGM,
trading of our shares on the TSX and OTCQB, and the continued conduct of our business. 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. Readers are encouraged to review the Company’s 10-K as well
YOUR VOTE IS IMPORTANT. VOTE TODAY.
Board of Directors and Management UNANIMOUSLY recommend that
Shareholders vote IN FAVOUR of the Redomicile.
as the Proxy Statement, especially the risk factors contained therein. 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. This communication does not constitute an offer to sell or the solicitation of an
offer to buy our securities or the solicitation of any vote or approval. In connection with the proposed Redomicile, on
October 30, 2017, the Company filed with the SEC an amendment to its registration statement on Form S-4
(Registration No. 333-220899) that includes a preliminary prospectus/preliminary proxy statement of the Company,
which registration statement was declared effective on November 1, 2017. The Company filed the definitive proxy
statement/prospectus with the SEC on November 2, 2017, which is being mailed to shareholders of the Company on
or about November 13, 2017. INVESTORS ARE ADVISED TO READ THE DEFINITIVE PROXY
STATEMENT/PROSPECTUS (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) CAREFULLY
AND ANY OTHER MATERIALS IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN AND
WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED REDOMICILE AND THE COMPANY.
Investors may obtain a free copy of the definitive proxy statement/prospectus and other relevant documents (when
available) filed and to be filed with the SEC from the SEC's web site at www.sec.gov or at the Company's web site at
www.nextsourcematerials.com. Investors will also be able to obtain, without charge, a copy of the definitive proxy
statement/prospectus and other relevant documents (when available) by directing a request by mail or telephone to
Investor Relations, NextSource Materials Inc., 145 Wellington Street West, Suite 1001,Toronto, Ontario, Canada M5J
1H8, telephone 1.416.364.4911 ext. 305 or by email at [email protected]. The Company and its
directors and officers may be deemed to be participants in the solicitation of proxies from the Company's
shareholders in connection with the proposed Redomicile. Information about these persons is set forth in the
definitive proxy statement/prospectus and in documents subsequently filed by its directors and officers under the
Securities Exchange Act of 1934, as amended. Investors may obtain additional information regarding the interests of
such persons, which may be different from those of the Company's shareholders generally, by reading the definitive
proxy statement/prospectus and other relevant documents regarding the proposed redomicile transaction filed and to
be filed with the SEC.