Jervois Mining Ltd. is pleased to advise that key members of the Company's Board and management have, following shareholder approval, demonstrated their commitment and belief in Jervois's future via co-cornerstoning the last A$16.5 million equity raise, alongside a leading Australian institutional investor. The capital raise was executed through the issue of a total of 82.5 million new ordinary shares at A$0.20 per share [...]
As previously announced, Jervois has completed its merger with eCobalt after receiving eCobalt shareholder and Supreme Court of British Columbia approvals. Following the successful completion of the Arrangement, all conditions precedent have been met and settlement of the A$16.5 million equity placement in Jervois has occurred. The Idaho Cobalt Project has been renamed Idaho Cobalt Operations to reflect its advanced stage [...]
ASX/TSX-V: JRV HIGHLIGHTS Jervois closes merger with eCobalt after receiving both eCobalt and Jervois shareholder approvals and final approval from the British Columbia Supreme Court In connection with the Arrangement, Mr. Michael Callahan, former CEO of eCobalt, and Mr. Scott Hean, former Chairman of eCobalt, appointed as Non-Executive Directors of Jervois Pro forma Jervois to be well capitalised on the back of Jervois [...]
HIGHLIGHTS eCobalt Solutions shareholders approved its merger with Jervois Mining via special resolution passed on Friday 19 July 2019, with 72.54% of the votes cast at the meeting Jervois Mining shareholders also approved the merger and Jervois' previously announced $16.5 million capital raising at its general meeting held on 18 July 2019 Jervois and eCobalt will proceed to close their merger, with Jervois acquiring all [...]
ASX/TSXV: JRV Highlights Independent proxy advisory firms Institutional Shareholder Services Inc. and Glass, Lewis & Co. have released reports recommending eCobalt's merger with Jervois The Merger will create a premier cobalt investment vehicle by combining two companies with strong development stage cobalt assets, together with a global pipeline of attractive development opportunities and exploration projects First [...]
Jervois Mining Ltd. is pleased to provide an update regarding its merger with eCobalt Solutions Inc. , as well as address First Cobalt Corp.'s press release dated 26 June 2019, containing FCC's self-serving and misleading opposition to the Merger. On 2 April 2019, Jervois and eCobalt entered into an arrangement agreement pursuant to which the companies proposed to combine on the basis of an at-market merger. The eCobalt [...]
HIGHLIGHTS Jervois Mining Ltd. has raised A$16.5 million at an 8.1% premium to its market price in an over-subscribed financing Strong investor demand on the back of the completion of the M2 Cobalt transaction and pending at-market eCobalt merger ; the Company agreed to accept 10.0% oversubscriptions from its stated A$15.0 million target as a result Post-eCobalt Merger company to be well capitalized and led by an [...]
eCobalt shareholders should ignore First Cobalt's self-serving and misleading opposition to the merger eCobalt Solutions Inc., in response to the misleading news release from First Cobalt Corp., reaffirms that the merger with Jervois Mining Limited is in the best interest of the Company's shareholders. eCobalt cautions shareholders not to be misled by First Cobalt Corp.'s opposition to the Jervois Merger. First Cobalt[...]
Jervois Mining Ltd.. has requested an immediate trading halt in respect of its Securities. The trading halt is in place pending an announcement with regard to a capital raising being undertaken by the Company. The trading halt will remain in place until the earlier of the commencement of trading on the ASX on Friday, 28 June 2019 , or such time as the Company makes an announcement regarding the capital raising. For [...]
eCobalt Solutions Inc. is pleased to announce that it will seek approval for its proposed merger with Jervois Mining Ltd. at the annual and special meeting of shareholders to be held on Friday, July 19, 2019 at the Terminal City Club, 837 West Hastings Street, Vancouver, at 10:00 a.m. The Company has mailed and filed on SEDAR a management information circular which describes the proposed merger with Jervois and the [...]
Jervois Mining Ltd. provides the following statement in connection with the recently announced completion of the plan of arrangement with M2 Cobalt Corp. Canadian Requirements In connection with the Arrangement with M2 Cobalt, Jervois commissioned a National Instrument 43-101 compliant preliminary economic assessment, titled "Nico Young Project PEA Young, NSW, Australia National Instrument 43-101 Technical Report [...]
Jervois Mining Ltd. completes plan of arrangement with M2 Cobalt Corp. after receiving M2 Cobalt shareholder approval and final approval from the British Columbia Supreme Court Following receipt of a final acceptance bulletin from the TSX Venture Exchange, it is anticipated that Jervois will begin trading in Canada under the ticker JRV on or about June 21, 2019. Jervois' primary listing will remain on the ASX, also [...]