Jervois Global Ord Shs V.JRV

Alternate Symbol(s): JRVMF

Metals & Mining Industrial Metals & Minerals

Jervois Global Limited is an Australia-based supplier of cobalt and nickel, serving both the battery and chemicals markets. The Company's segments include Australia, Brazil, Finland, United States and Other. The Australia segment includes Nico Young and other Australian tenement licenses held. The Brazil segment includes the Sao Miguel Paulista nickel and cobalt refinery (SMP Refinery). The Finland segment includes the cobalt refining and specialty products business located in Kokkola, Finland. Its product categories include chemical and catalysts, pigments, powder metallurgy and battery. The United States segment includes the Idaho Cobalt Operations (ICO) cobalt-copper-gold mine in Lemhi County outside of the town of Salmon, Idaho. The Other segment consists of non-core exploration not related to Australia and the United States. The Company's non-core assets are located in Canada (Virgin River project and Kernahan/Bell project) and Australia (Arunta West project).

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Jervois Global Ord Shs

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Post by OldGuardon Aug 09, 2019 7:25am

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Post# 30009901

Tax rules from ecs merger?

I now have shares in JVR as a result of the merger with ecs. Like many ecs investors, I was holding those shares at a loss. Can anyone summarize how the capital loss/gains tax rules work in this situation? Do I have to claim the loss on ecs this year, or only when I eventually sell the JVR shares?

I will of course ask my accountant about this at tax time, but for now I am just wondering if anyone here can give a quick summary for planning purposes.

Thanks. OG.

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