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Jervois Global Ord Shs V.JRV

Alternate Symbol(s):  JRVMF

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).


TSXV:JRV - Post by User

Post by Justhalffullon Jul 26, 2021 2:02pm
192 Views
Post# 33605031

Trading halt

Trading halt

I sent them an email with a copy to the OSC.  This thing should resume trading. But I suspect they are trying to wait until after the AGM, which is a Thursday at 10 am Aus time, or 8pm Toronto time on Wednesday.

But some are unhappy with the bond and acquisition news already out, and want to sell now.  JRV have to raise $50 million through an equity issue, so obviously do not want the sp to fall.  I think the OSC should seek clarity on why the extended halt.  If there is more bad news from AGM, I would expect lawsuits to fly.

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