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NextSource Announces Pricing of Overnight Marketed Offering

Newswire.ca - Thu Jul 13, 2023

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TORONTO, July 13, 2023 /CNW/ - (TSX:NEXT) ("NextSource" or the "Company") is pleased to announce that it has priced its previously announced overnight marketed public offering (the "Offering"). Pursuant to the Offering, NextSource will issue 30,303,500 common shares of the Company (each a "Share") at a price of C$1.65 per Share (the "Offering Price") for gross proceeds of approximately C$50 million. The Offering is being conducted through a syndicate of underwriters co-led by Cormark Securities Inc. and BMO Capital Markets (collectively, the "Underwriters").

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