Nextsource Materials Inc (NSRCF)

[cleangold]

Clarification of June 7, 2010 Press Release

In its May 11, 2010 press release, the Company announced that a National Instrument 43-101 compliant resource estimate (the "Report") had been completed. The Report estimates an indicated resource of 21.74 million tonnes at an average grade of 0.759% V2O5 containing 363.8 million pounds of V2O5, and an inferred resource of 4.15 million tonnes at an average grade of 0.655% V2O5 containing 59.8 million pounds of V2O5.

As indicated in the earlier June 7, 2010 press release, the previously disclosed expected annual output is based on internal assumptions only and as such, is not supported by an independent economic analysis and is therefore retracted. Investors are hereby cautioned that until an independent economic analysis is completed on the project, there can be no certainty that the project will be economically viable.

http://finance.yahoo.com/news/Energizer-Provides-iw-1159368726.html?x=0&.v=1