Second Jervois merger to create new cobalt leader

AUSTRALIAN cobalt player Jervois Mining looks set to become the world’s third-largest cobalt company after it revealed the all-scrip acquisition of Canadian company eCobalt Solutions.

Second Jervois merger to create new cobalt leader Second Jervois merger to create new cobalt leader Second Jervois merger to create new cobalt leader Second Jervois merger to create new cobalt leader Second Jervois merger to create new cobalt leader

eCobalt Solutions and its ICP are being acquired by Australian cobalt play Jervois Mining

Under terms of the deal, Jervois is offering eCobalt owners 1.65 shares for every eCobalt share held, implying an offer price of C36c per eCobalt share, a 5.