CORPORATE UPDATE Liquidity Jervois ended the June 2021 quarter with A$33.3 million in cash. The loan from the United States government of A$0.1 million relating to COVID-19 stimulus payroll protection was forgiven during the quarter. Expenditure on exploration and development for the quarter was immaterial as activities at Idaho Cobalt Operations [...]
Jervois Mining Ltd. announces the successful completion of both the institutional placement and the institutional component of its 1 for 1.56 accelerated non-renounceable entitlement offer announced on Tuesday, 27 July 2021. Approximately A$136 million was raised across the Placement and Institutional Entitlement Offer at an offer price of A$0.441 [...]
Jervois Mining Ltd. is pleased to announce it has agreed to acquire 100% of Freeport Cobalt by purchasing all the shares of Freeport Cobalt Oy and four affiliated entities from Koboltti Chemicals Holdings Limited pursuant to a stock purchase agreement. The acquisition has the potential to transform Jervois into the second largest producer of [...]
Highlights - Jervois' subsidiary has settled its US$100 million bond offering with net proceeds placed into Jervois Mining USA Limited's escrow account in exchange for the bonds being issued in accordance with their terms - Proceeds from the Bond Offering will be used by Jervois to fund construction of its 100%-owned Idaho Cobalt Operation in the [...]
Jervois Mining Ltd. advises that its ordinary shares on the Australian Securities Exchange and the TSX Venture Exchange have been halted at the request of the Company pending the release of an announcement in relation to a potential material acquisition and associated equity raising. The trading halt has been implemented in response to media [...]
Highlights: - Former Rio Tinto General Manager Matthew Lengerich will join Jervois as EGM - Mining, based in Idaho, United States - Mr Lengerich will also fulfil the role of Acting GM - Idaho Cobalt Operations through ICO's construction and expected completion of commissioning in H2 2022 - Mr Lengerich will join Jervois after more than 20 years at [...]
Highlights: --Jervois has successfully priced and closed the books on its subsidiary's offering of senior secured bonds to raise US$100 million, guaranteed by Jervois --Proceeds from the bond issue will be used to fund construction of Jervois' Idaho Cobalt Operations in the United States and bring it into production --Jervois expects to commence [...]
Highlights: - Jervois Board has approved full construction and development its 100%-owned Idaho Cobalt Operations in the United States - Approval follows the successful pricing and books closing of Jervois' subsidiary's offering of senior secured bonds to raise US$100 million, guaranteed by Jervois - Proceeds from the bond issue will be used to [...]
Jervois Mining Ltd. advises that CEO, Bryce Crocker, will participate in the opening panel at the TD Securities Battery Metals Virtual Roundtable on June 22, 2021. Bryce Crocker and James May are also hosting 1-1 investor meetings during the conference. A copy of the presentation that will be provided is available at www.jervoismining.com.au. On [...]
Jervois Mining Ltd. advises the 2021 Annual General Meeting of Jervois shareholders will be held on 29 July 2021 at 10.00am . The AGM will be held as a hybrid meeting and will be conducted in person and online. The Notice of Meeting for the AGM will be circulated in due course. The closing date for the receipt of nominations from persons wishing to [...]
Jervois Mining Ltd. advises that CEO, Bryce Crocker, will participate in a roundtable discussion on Advanced Battery Industry Development in the United States - Obstacles to Opportunities on 8 June 2021. The keynote remarks at the roundtable will be made by the U.S. Deputy Secretary of Commerce, Donald Graves and followed by a discussion between [...]
Jervois Mining Ltd. or the "Company") advises that CEO, Bryce Crocker and CFO, James May, will participate in a panel discussing Cathode Materials and Battery Technology at the Jefferies Renewable Energy Conference: From The Mine To The Market to be held virtually over 25th to 27th May 2021. They will also participate in 1-1 investor meetings at [...]
