 TORONTO, ON ACCESSWIRE August 18, 2021 NextSource Materials Inc. TSX:NEXTOTCQB:NSRCF NextSource or the Company is pleased to announce that its mine construction schedule is on track and on budget for its Molo Graphite Project in Madagascar. Progress development highlights include: Construction is on track, with all major equipment fabricated and ready to be received by the EPC Overall project progress exceeds 25 completion Personnel have been mobilized to site in Madagascar Site works are on schedule to commence in Q3Q4 2021 Plant equipment installation at site is on schedule to begin in Q1Q2 2022 Mine is fully funded and on schedule to commission in Q2 2022 The Companys engineering, procurement, and construction management EPCM contractor, Erudite Strategies Ltd. 