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Bullboard - Stock Discussion Forum 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... see more

TSXV:JRV - Post Discussion

Jervois Global Ord Shs > Capital Raising
View:
Post by CARSALESMAN on Jun 27, 2023 12:58pm

Capital Raising

27 June 2023 – TheNewswire – Canada - Jervois Global Limited (ASX:JRV) / (TSXV:JRV) /  (OTC:JRVMF) (“Company”) will request an immediate trading halt by the Australian Securities Exchange (“ASX”) with respect to its ordinary shares, pending the release of an announcement in relation to a potential capital raising prior to the opening of the ASX trading session on 28 June 2023 (Australia).

 

The Company anticipates its ordinary shares listed on the TSX Venture Exchange (“TSX-V”) will be similarly halted pending the release of an announcement in relation to a potential capital raising.

 

The halt on the ASX is expected to be granted in accordance with ASX Listing Rule 17.1. The trading halt will be requested in order that the Company may conduct a potential capital raising.  The trading halt on the ASX is expected to continue until the earlier of the Company releasing an announcement in relation to the potential capital raising, or the commencement of trading in Australia on Friday, 30 June 2023. The Company expects that the trading halt will be ended by it making an announcement to the ASX in relation to the potential capital raising.

 

It is anticipated that trading would resume on the TSX-V following the resumption of trading on the ASX.

 

The Company is not aware of any reason why the ASX trading halt would not be granted, or of any other information available at the time the ASX trading halt will be requested that is relevant to the ASX trading halt.

 

Alwyn Davey
Company Secretary

  

This announcement was authorised for release by the Company Secretary of Jervois Global Limited.

 

For further information, please contact:

 

Investors and analysts:

James May

Chief Financial Officer

Jervois Global

james.may@jervoisglobal.com

Media:

Nathan Ryan

NWR Communications

nathan.ryan@nwrcommunications.com.au

Mob: 

Comment by learning123456 on Jun 27, 2023 4:30pm
I wonder how many billion of shares of dilution coming? Still Learning
Comment by focsle on Jun 28, 2023 12:22am
At this price, another billion for sure. Learning the hard way...
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