JRV 9.09% 1.2¢ jervois global limited

Jan 22 (Reuters) - Jervois Mining Ltd (JRV) : CO AND M2 COBALT...

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    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)

    (([email protected];))

 
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