M2 Cobalt

Jervois Mining Limited has closed its plan of arrangement to acquire eCobalt Solutions Inc., creating an industry leading cobalt investment vehicle with nickel and copper exposure.

Jervois Mining announced a friendly merger with TSXV-listed M2 Cobalt, where each M2 Cobalt share will be exchanged for one Jervois share. The deal gives Jervois a foothold in Uganda through the Kilembe copper-cobalt mine. Jervois also provided a US$3 million convertible bridge loan to M2 Cobalt.

M2 Cobalt Corp announced it will seek shareholder approval for its proposed merger with Jervois Mining Limited to form a cobalt industry leader, with projects in Australia, East Africa and the US.

M2 Cobalt Corp and Jervois Mining Limited announced that the newly combined company will merge with eCobalt Solutions Inc, acquiring all shares of eCobalt, which owns the Idaho Cobalt Project.

Jervois Mining and eCobalt Solutions have agreed to combine in an at-market transaction. The deal follows the previously announced merger of M2 Cobalt and Jervois.

Jervois Mining Ltd. and eCobalt Solutions Inc. have reached an agreement to combine in an at-market transaction via a plan of arrangement. The merger follows the previously announced merger of M2 Cobalt and Jervois, creating a combined group with assets in Australia, East Africa and the United States.