https://www.miningweekly.com
Refinery|Operations
Refinery|Operations
refinery|operations

Jervois raises initial A$177m

11th November 2022

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Triple-listed Jervois Global has completed the institutional placement and the institutional component of its 1-for-5.42 pro-rata accelerated non-renounceable entitlement offer, raising some A$177-million across the two offers.

The company earlier this week announced a A$231-million equity capital raise to fund the Stage 1 restart of its São Miguel Paulista nickel cobalt refinery in São Paulo, Brazil, and the ramp-up and capital expenditure at its Idaho Cobalt Operations.

Jervois noted that the institutional entitlement offer had a take-up rate of approximately 80%.

Meanwhile, the retail component of the entitlement offer has been fully underwritten and will raise an additional A$54-million. The retail offer will open on November 17 and close on November 30.

Edited by Creamer Media Reporter

Comments

 

Showroom

SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.183 0.217s - 92pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: