NextSource Materials Inc NEXT
TSX · Canada · Non-Energy Minerals
CAD 0.26500.00 (0.00%)
Market closed· · CAD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · CAD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) has signed a binding agreement for Japanese trading company Hanwa and the Japan Organization for Metals and Energy Security (JOGMEC) to take a 15% stake in its battery anode facility in Abu Dhabi through a US$30 million investment. The Share...
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Highlights: * Binding Share Subscription Agreement executed with strategic Japanese consortium * NextSource has entered into a binding Share Subscription Agreement ("SSA") with Hanwa Co., Ltd ("Hanwa") and the Japan Organization for Metals and Energy Security ("JOGMEC"), an agency of the Japanese government, establishing the purchase of a 15% ownership interest at the project level in NextSource's Battery Anode Facility ("BAF") in the United Arab Emirates ("UAE").
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