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 United States and enter production - The Bond Offering is repayable in [...]
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 speculation that the Company may undertake a material acquisition and associated [...]
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 Rio Tinto across copper, iron ore, bauxite and coal - Prior to guiding Rio [...]
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 commercial concentrate production at ICO from mid-2022 --The bond issue is [...]
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 fund construction of Jervois' ICO and bring it into production - Jervois [...]
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 behalf of Jervois Bryce Crocker, CEO For further information, please contact [...]
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 be considered for election as a Director of the Company is 23 June 2021 [...]
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 Deputy Secretary Graves and participating CEOs and key executives, including [...]
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 the same event. The presentation that is being provided to institutional [...]
Key points - Jervois receives Idaho Tax Reimbursement Incentive approval for Idaho Cobalt Operations - Incentive will provide reimbursement of 28% of Idaho corporate, payroll and sales taxes for 14 years - To receive the tax credits, Jervois will create a minimum of 164 new jobs in Idaho at an average annual wage above the Lemhi County average - Jervois will move forward to finalize financing and construction of ICO in [...]
Key points --Jervois progressing debt financing for Idaho Cobalt Operations in Idaho, United States --Discussions with United States Federal Government are part of Jervois' debt financing negotiations occurring in parallel with negotiations with private lenders, which are advancing --Jervois is exploring funding for ICO singularly or combined with its São Miguel Paulista refinery in Brazil --ICO commercial concentrate [...]
Jervois Mining Ltd. or the "Company") advises that CEO, Bryce Crocker will deliver an investor presentation and participate in a panel discussion at the Cormark Securities Inflection 2021 Virtual Conference. The presentation that will be provided by Mr Crocker is available on the Company website at www.jervoismining.com.au. On behalf of Jervois Mining Ltd. Bryce Crocker, CEO For further information, please contact [...]