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NextSource Materials Signs Subscription Agreement for US$30 Million Investment in UAE Battery Anode Facility.
Amount Raised
$30 Million
Round Type
Venture
New YorkManufacturingHuman ResourcesMiningDescription
NextSource Materials Inc. has signed a US$30 million subscription agreement with Japanese investors for a 15% stake in a battery anode facility in Abu Dhabi. The investment will help fund initial capital expenditures while NextSource retains an 85% interest after the investment closes.
Fundz sees it the moment NextSource raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
NextSource raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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