Jervois Global Ltd (JRV)

[douginil]

Jervois confirms discussions with U.S. Government for ICO financing

April 26, 2021

Key points

- Jervois progressing debt financing for Idaho Cobalt Operations (“ICO”) in Idaho, United States
- Discussions with United States Federal Government are part of Jervois’ debt financing negotiations occurring in parallel with negotiations with private lenders, which are advancing
- Jervois is exploring funding for ICO singularly or combined with its São Miguel Paulista (“SMP”) refinery in Brazil
- ICO commercial concentrate production continues to be expected from mid-2022 and SMP restart is expected the same year, all as part of Jervois’ plan to become a vertically integrated speciality nickel and cobalt producer
- ICO will be the only cobalt mine in the United States once in production

Jervois Mining Limited (“Jervois” or the “Company”) (ASX: JRV) (TSX-V: JRV) (OTC: JRVMF) confirms it is participating in financing discussions with the United States (“U.S.”) federal government to complete construction of its Idaho Cobalt Operations (“ICO”) mine in Idaho.

Read more and get links to quarterly activities, etc. at:
https://mailchi.mp/7d0af23733a6/engineering-contracts-for-ico-and-smp-nickel-cobalt-refinery-8588445?e=48b5acd3da