Nextsource Materials Inc (NSRCF)

[riverrock]

News concerning one of our Large Institutional Shareholder

-JPMorgan Chase says it will rely solely on renewable energy by 2020.

-The firm has property in more than 60 countries that totals approximately 75 million square feet, according to a press release.

-JPMorgan also plans to facilitate $200 billion in clean financing through 2025.

https://www.cnbc.com/2017/07/28/jpmorgan-chase-says-it-will-rely-solely-on-renewable-energy-by-2020.html

The JV as described below is just my opinion...
It would be fitting if JP Morgan and the other Institutional Shareholders of Nextsources Materials were to purchase a 50% JV in Molo. The initial US $18.4 million to build Phase 1 of the Modular Plant can be provided by JP Morgan, then JP Morgan and the other Institutional Shareholders could determine the percentages of their part of 50% Molo JV and pay JP Morgan their percentage parts of the $18.4 million. Additionally, the shares held by the Institutional Shareholders would be surrendered to Nextsources Materials to be held in her Treasury for her part of future expansions of the Molo JV -if she so desires- and would initially cut the number of outstanding shares by the number of surrendered shares.

Such a 50/50 JV held by the Institutional Shareholders and Nextsources Materials would allow for the smooth development of Molo and would be beneficial to all concerned.