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.

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

02 April 2019
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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.

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