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Overview
In The News
Executives & Employees
Board of Directors
Paths
Owners & Shareholders
Recent Transactions
Advisors & Consultants
Financials
Suppliers

NextSource Materials, Inc.

Overview

Date Founded
2004
Headquarters
1224 Washington Avenue, Miami Beach, FL 33139
Type of Company
Public
Employees (Worldwide)
4
Industries
Other Raw Materials

Non-Energy Mining & Minerals
Company Description
NextSource Materials, Inc. is an exploration stage company, which engages in the acquisition, exploration, and development of mineral resources. Its projects include the Molo Deposit, Manga Vanadium, and Green Giant Vanadium, located in Madagascar. It operates through the Madagascar and Canada geographical segments. The company was founded on March 1, 2004 and is headquartered in Toronto, Canada.
Website

In The News See More

News Bites Canadian Markets
December 8, 2017
RelSci
December 7, 2017
GlobeNewswire
December 5, 2017
GlobeNewswire
December 4, 2017
News Bites Canadian Markets
December 4, 2017
See full news coverage and complete stories with RelSci Professional.

Executives & Employees


President, Chief Executive Officer & Director

Treasurer & Chief Financial Officer

Senior Vice President, Mine Development & Director

Senior Vice President, Corporate Development

Madagascar Country Manager

Director, Corporate Development

Senior Consultant, Operational Readiness
See our list of current and previous employees when you upgrade.

Board of Directors


President at British Columbia Arbitration & Mediation Institute

Director, President & Chief Executive Officer at Red Pine Exploration, Inc.

President, Chief Executive Officer & Director at NextSource Materials, Inc.

Former Partner at McMillan LLP

Senior Vice President, Mine Development & Director at NextSource Materials, Inc.

President & Chief Executive Officer at Hamilton Utilities Corp.
See our list of current and previous board members when you upgrade.

Paths to NextSource Materials, Inc.

NextSource Materials, Inc.
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NextSource Materials, Inc.
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Owners & Shareholders

Details Hidden
Goodman & Company Investment Counsel is one of the largest providers of private equity capital to the mining and resource sector in Canada. They direct investments primarily to hard asset businesses where they can create significant increase value from as early as start up. Goodman & Co. serves as a sub-advisor for CMP Resource and Canadian Dominion Resources (CDR) flow-through funds, the Goodman Gold Trust, as well as several other investment funds and limited partnerships established by DundeeWealth, Inc.The CMP Resource limited partnerships are designed to transfer the tax benefits enjoyed by resource companies to individual investors through a diversified, professionally managed portfolio of CEE-eligible company flow-through shares that meet strict criteria. CDR provides investors with a professionally managed portfolio of flow-through shares in Canada’s resource sector with emphasis on companies involved in exploration and development efforts. These offerings, combined with those of the flow-through limited partnerships of CMP, form Canada's largest flow-through platform. The partnership's investment objective is to provide for a tax-assisted investment in a diversified portfolio of flow-through shares and other securities of resource companies with a view to earning income and generating capital appreciation for limited partners. The Goodman Gold Trust was created to provide unit-holders with inflation protection, capital preservation and long-term capital appreciation through investments in precious metals and the securities of precious metals issuers, minerals issuers and minerals related issuers. These strategies are actively managed and are utilized to enhance returns, reduce risks and allow the Trust to take advantage of investments in illiquid securities and merchant banking opportunities.
Details Hidden
Goodman & Company Investment Counsel is one of the largest providers of private equity capital to the mining and resource sector in Canada. They direct investments primarily to hard asset businesses where they can create significant increase value from as early as start up. Goodman & Co. serves as a sub-advisor for CMP Resource and Canadian Dominion Resources (CDR) flow-through funds, the Goodman Gold Trust, as well as several other investment funds and limited partnerships established by DundeeWealth, Inc.The CMP Resource limited partnerships are designed to transfer the tax benefits enjoyed by resource companies to individual investors through a diversified, professionally managed portfolio of CEE-eligible company flow-through shares that meet strict criteria. CDR provides investors with a professionally managed portfolio of flow-through shares in Canada’s resource sector with emphasis on companies involved in exploration and development efforts. These offerings, combined with those of the flow-through limited partnerships of CMP, form Canada's largest flow-through platform. The partnership's investment objective is to provide for a tax-assisted investment in a diversified portfolio of flow-through shares and other securities of resource companies with a view to earning income and generating capital appreciation for limited partners. The Goodman Gold Trust was created to provide unit-holders with inflation protection, capital preservation and long-term capital appreciation through investments in precious metals and the securities of precious metals issuers, minerals issuers and minerals related issuers. These strategies are actively managed and are utilized to enhance returns, reduce risks and allow the Trust to take advantage of investments in illiquid securities and merchant banking opportunities.

Recent Transactions

Details Hidden
NextSource Materials, Inc. purchases Malagasy Minerals Ltd. /Molo Graphite Project from Capricorn Metals Ltd.
Details Hidden
NextSource Materials, Inc. raised money in a private placement transaction
Details Hidden
NextSource Materials, Inc. issued Units

Advisors & Consultants

People ▾
Consultant

Former Chief Executive Officer & Director at Red Pine Exploration, Inc.
Consultant

Senior Consultant, Operational Readiness at NextSource Materials, Inc.

Key Stats and Financials as of 6/30/2017

Market Capitalization
$32.3M
Total Enterprise Value
$28.8M
Earnings Per Share
$-0.01
Revenue
$0
Net Profit
$-5.31M
EBITDA
$-5.13M
Total Debt
$0
Total Equity
$2.16M
Debt TEV
0x
TEVNet Income
-5.42x
See financial details and more using RelSci Professional.

Suppliers

   Engineering, Construction & Architecture    Johannesburg, GT
Inyanga Consolidated Investments (Pty) Ltd. provides engineering and project management services. Its principal business is engineering project management and process plant design. The company is headquartered in Johannesburg, South Africa.

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