News: JRV Jervois Mining Says Co & M2 Cobalt Corp Entered Into A Definitive Agreement To Merge In...

Jan 22 (Reuters) - Jervois Mining Ltd (JRV) :

• CO AND M2 COBALT CORP HAVE ENTERED INTO A DEFINITIVE AGREEMENT TO MERGE IN AN AT-MARKET TRANSACTION
• JERVOIS WILL ACQUIRE ALL OF ISSUED AND OUTSTANDING COMMON SHARES OF M2 COBALT
• JERVOIS TO PROVIDE M2 COBALT WITH A US$3.0 MILLION BRIDGE WORKING CAPITAL FACILITY
• EXISTING JERVOIS CHAIRMAN, PETER JOHNSTON, & CEO BRYCE CROCKER, WILL CONTINUE IN THEIR EXISTING ROLES
• ARRANGEMENT AGREEMENT HAS BEEN UNANIMOUSLY APPROVED BY BOARD OF DIRECTORS OF BOTH JERVOIS AND M2 COBALT

Source text (http//reut.rs/2U1DPtE)

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