Jervois ups working capital facility to $150m

6th June 2022 By: Creamer Media Reporter

ASX- and TSX-V-listed Jervois Global has increased its working capital facility with Mercuria Energy Group by $75-million to $150-million.

The key terms of the facility remain unchanged. The facility continues to have a maturity date of December 31, 2024, with yearly interest payable on amounts drawn of Libor plus 5%.