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Contact ECS >ASX/TSX-V: JRV HIGHLIGHTS As previously announced, Jervois has completed its merger with eCobalt (the "Arrangement") 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 ("ICO") to reflect its advanced stage of development and Jervois's intention to transform the site into a mining operation. The site...
ASX/TSX-V: JRV HIGHLIGHTS Jervois closes merger with eCobalt (the "Arrangement") after receiving both eCobalt and Jervois shareholder approvals and final approval from the British Columbia Supreme CourtIn 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 JervoisPro forma Jervois to be well capitalised on the back of Jervois' over-subscribed financing of A$16.5 million MELBOURNE, Australia, July 24, 2019 /CNW/ - Jervois Mining Limited (ASX: JRV) (TSX-V:JRV)...
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 court approval as well as other customary closing c...