Jervois Mining Limited

Recent News

  • Jervois Mining increases contained Idaho Measured cobalt resource by 22%

    HIGHLIGHTSUpdated Idaho Cobalt Operations ("ICO") Mineral Resource Estimate ("MRE"), to improve geological certainty ahead of project financing and mine development, has increased the contained Measured cobalt resource by 22%. Total tonnage of Measured and Indicated resources (available for conversion under JORC into Reserves) also rose by 22%.Jervois bankable feasible study ("BFS") team has revisited and substantially modified stope design and mine plan execution versus the approach taken by prior ICO owners. This will increase mined cobalt grade and reduce...

    2020-01-21 6:07 PM ET
  • Jervois Mining Closes A$16.5M Capital Raise Including Board and Management Investment of A$2.76M

    Melbourne, Australia--(Newsfile Corp. - July 30, 2019) - Jervois Mining Limited (ASX: JRV) (TSXV: JRV) ("Jervois" or the "Company") 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,...

    2019-07-30 6:00 AM ET
  • Jervois Mining Announces eCobalt Shareholder Approval of Merger

    HIGHLIGHTSeCobalt 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 2019Jervois and eCobalt will proceed to close their merger, with Jervois acquiring all issued and outstanding common shares of eCobalt in exchange for 1.65 ordinary share of JervoisClosing remains subject to...

    2019-07-22 7:30 AM ET
  • Jervois Mining Limited: eCobalt Merger Update and Response to First Cobalt's Self-Serving and Misleading Opposition

    Vancouver, British Columbia--(Newsfile Corp. - July 2, 2019) - Jervois Mining Limited (ASX: JRV) (TSXV: JRV) ("Jervois" or "the Company") is pleased to provide an update regarding its merger with eCobalt Solutions Inc. (TSX: ECS) ("eCobalt") (the "Merger"), as well as address First Cobalt Corp.'s ("FCC") 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 (the "Arrangement Agreement") pursuant to which...

    2019-07-02 1:40 PM ET
  • Jervois Mining Capital Raise Oversubscribed

    HIGHLIGHTS Jervois Mining has raised A$16.5 million at an 8.1% premium to its market price in an over-subscribed financingStrong investor demand on the back of the completion of the M2 Cobalt transaction and pending at-market eCobalt merger (the "eCobalt Merger"); the Company agreed to accept 10.0% oversubscriptions from its stated A$15.0 million target as a resultPost-eCobalt Merger company to be well capitalized and led by an experienced management team that has proven it is well-qualified to advance the Idaho Cobalt...

    2019-06-28 8:22 AM ET
  • Jervois Mining Announces Trading Halt

    Vancouver, British Columbia--(Newsfile Corp. - June 26, 2019) - Jervois Mining Limited. (TSXV: JRV) ("Jervois" or "the Company") 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 (AEST), or such time as the Company makes an announcement...

    2019-06-26 10:21 AM ET
  • Reconciliation of Preliminary Economic Assessment prepared in accordance with Canadian NI 43-101 to ASX guidance

    Vancouver, British Columbia--(Newsfile Corp. - June 18, 2019) - Jervois Mining Limited (ASX: JRV) provides the following statement in connection with the recently announced completion of the plan of arrangement ("Arrangement") with M2 Cobalt Corp. ("M2 Cobalt"). Canadian RequirementsIn connection with the Arrangement with M2 Cobalt, Jervois commissioned a National Instrument 43-101 compliant preliminary economic assessment (the "PEA)"), titled "Nico Young Project PEA Young, NSW, Australia National Instrument 43-101 Technical Report - Preliminary Economic Analysis" and dated April 5 2019,...

    2019-06-18 6:28 PM ET
  • Jervois Completes Merger with M2 Cobalt

    Jervois Mining Limited ("Jervois") completes plan of arrangement with M2 Cobalt Corp. ("M2 Cobalt") (the "Arrangement") after receiving M2 Cobalt shareholder approval and final approval from the British Columbia Supreme CourtFollowing receipt of a final acceptance bulletin from the TSX Venture Exchange ("TSXV"), 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 trading under JRVeCobalt Solutions Inc. ("eCobalt") shareholders...

    2019-06-18 6:14 PM ET