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on NextSource Materials Inc. (isin : CA65343M1005)

NextSource Materials Appoints Jaco Crouse as Chief Financial Officer

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) has named Jaco Crouse as its new Chief Financial Officer (CFO). This move is part of the company's global growth strategy. Mr. Crouse replaces Marc Johnson, who has been CFO since October 2015. Johnson will continue as a consultant to ensure a smooth transition. The Board thanks Johnson for his years of service.

Crouse joins NextSource from his role as CFO and Executive Director at Amaroq Minerals. He brings over 20 years of experience in publicly listed natural resource companies. His background includes significant accomplishments in mergers and acquisitions, capital markets, and financial strategy. Previous positions include CFO roles at Metals Acquisition Corp, Detour Gold Corporation, and Triple Flag Precious Metals. Crouse has also worked at Barrick Gold and Glencore.

Mr. Crouse holds Accounting Sciences degrees and is a Chartered Accountant in Ontario and South Africa. He is also a registered Financial Risk Manager.

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