Page 3 - Small Mine Development News Today

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Up to $70 million of restart and ramp-up financing supported by significant shareholders: $35 million bought deal public equity offering of Units with subscription commitments from Pala Investments Limited and Mercuria Energy Holdings Pte. Ltd. $10... - Veroeffentlicht am 09.05.2023

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ALL FIGURES BELOW EXPRESSED IN U.S. DOLLARS UNLESS OTHERWISE NOTED Up to $70 million of... | June 16, 2023

Highlights: - Jervois has commenced underground construction of its 100%-owned Idaho Cobalt Operations . - During the last quarter Jervois has conducted portal bench construction and extension work to enable development of the mine to start in Q4 2021. - The start of underground construction marks the fi rst time in decades the United States will have a primary cobalt mine. - With Jervois’s commencement of ...

Jervois Board approves full construction of Idaho Cobalt Operations Highlights: – Jervois Board has approved full construction and development its 100%-owned Idaho Cobalt Operations in the United States – Approval follows the successful pricing and books closing of Jervois’ subsidiary’s offering of senior secured bonds to raise US$100 million, guaranteed by Jervois – Proceeds from the bond issue will be used to fund construction of Jervois’ ICO and bring it into production – … ...