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Bullboard - Stock Discussion Forum 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... see more

TSXV:JRV - Post Discussion

Jervois Global Ord Shs > Need Explanation
View:
Post by CARSALESMAN on Jan 02, 2025 10:20am

Need Explanation

Is says the news is positive, but than says that they have filled for chapter 11 in the US and will not trade on the canadian or over the counter in the Usa.  Only on the asx? What happens to existing shares?
Comment by Trespasser9988 on Jan 02, 2025 10:41am
"As a result of the proposed recapitalisation there is anticipated to be no return for the current equity holders of the Company"
Jervois Global Ord Shs
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