Nextsource Materials Inc (NSRCF)

[JohnPaulII]

Maserati, here's the details of the deal you are refering to...

The relationship between Energizer (ENZR) and Consolidated Thompson is multifaceted and well entrenched...

Consolidated Thompson subscribed for total gross proceeds of U.S. $2,150,000 in the non-brokered portion of the private placement announced in release of March 17, 2010. This was done at 30 cents with warrants at 50 cents, i.e.: they own 7.17 million restricted shares, (14.3 million if warrants exercised!

In connection with this "strategic investment", ENZR granted Consolidated Thompson certain preemptive rights to participate in future financings and the right to appoint a nominee to the Company’s board of directors.

Subsequently, ENZR announced Richard Quesnel, President and CEO of Consolidated Thompson, appointed to the BOD on October 21, 2010.

Furthermore, Brian Tobin is the Chairman of the special advisory committee for ENZR. On November 18, 2010 Brian Tobin was appointed as interim CEO of Consolidated Thompson.