Cobalt

(TheNewswire)

Jervois Global Limited

9 May 2022 TheNewswire (Australia) Jervois Global Limited (" Jervois " or the " Company ") (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) advises that as set out the explanatory statement to the Notice of Meeting sent to shareholders in relation to the Annual General Meeting (" AGM "), and in compliance with the relevant provisions of the Listing Rules of the Australian Stock Exchange (" ASX ") to ensure fair and equitable treatment to option holders in the event of Rights Issues, the formula and methodology of outstanding options have been adjusted as per below.

On 30 August 2021, the Company closed a pro-rata accelerated non-renounceable entitlement issue to shareholders.  As set out in ASX Listing Rule 6.22.2, the exercise price of outstanding options, including those held by Directors and Insiders, has been adjusted.

Pursuant to the Corporate Finance Policies of the TSX Venture Exchange (" TSX-V "), any adjustment to the exercise price of options held by Directors or Insiders requires approval of shareholders and the TSX-V.  At the 6 May 2022 AGM held in Melbourne, Australia, Jervois shareholders approved the ASX Listing Rule option adjustment.

The following table sets out the option holder, number of options held, tog e ther with prior and revised exercise prices.

Holder

Grant Date

Number of Options

Current exercise price
A$

New exercise price
A$

Peter Johnston

2 November 2018

7,500,000

0.295

0.248

1 April 2020

875,000

0.150

0.103

Brian Kennedy

1 October 2017

2,500,000

0.150

0.103

1 April 2020

1,280,000

0.150

0.103

Michael Callahan

1 April 2020

280,000

0.150

0.103

Bryce Crocker

1 October 2017

10,000,000

0.150

0.103

1 October 2018

5,000,000

0.290

0.243

1 October 2019

5,000,000

0.240

0.193

1 October 2020

5,000,000

0.310

0.263

Kenneth Klassen

1 June 2019

2,500,000

0.240

0.193

1 April 2020

1,312,500

0.150

0.103

1 March 2021

500,000

0.500

0.453

Greg Young

19 October 2020

7,500,000

0.325

0.278

James May

26 November 2020

3,250,000

0.290

0.243

Alwyn Davey

15 August 2019

2,500,000

0.200

0.153

1 April 2020

1,250,000

0.150

0.103

On behalf of Jervois Global Limited,

Alwyn Davey, Company Secretary

For further information, please contact:

Investors and analysts:

James May

Chief Financial Officer

Jervois Global

james.may@jervoisglobal.com

Media:

Nathan Ryan

NWR Communications

nathan.ryan@nwrcommunications.com.au

Mob: +61 420 582 887

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2022 TheNewswire - All rights reserved.

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Ellis Martin Report: Group Ten Metals  Adds Strong New Team Members and Reports High Grade Intervals of Nickel Sulphide at Stillwater West in Montana.

Ellis Martin Report: Group Ten Metals Adds Strong New Team Members and Reports High Grade Intervals of Nickel Sulphide at Stillwater West in Montana.

Malibu, CA, United States (ABN Newswire) - In this segment of The Ellis Martin Report we speak with Michael Rowley, the President and CEO of Group Ten Metals (CVE:PGE) (OTCMKTS:PGEZF). The company is pleased to announce the addition to the team of Dr. Danie Grobler as Vice-President Exploration and Albie Brits as Senior Geologist to Advance the Stillwater West Critical Minerals Project in Montana, USA.

Additionally, Group Ten is reporting 13.2 Meters of 3.33% Nickel Equivalent within 401 meters of continuous mineralization from resource expansion drilling at the Stillwater West Critical Minerals Project in Montana.

To listen to the Interview, please visit:
https://www.abnnewswire.net/press/en/110370/pge



About Group Ten Metals Inc.:

Group Ten Metals (CVE:PGE) (OTCMKTS:PGEZF) is a Canadian mineral resource exploration company focused on the advancement of our flagship Stillwater West PGE-Ni-Cu project adjacent to the high-grade Stillwater mines in Montana, USA.



Source:
Group Ten Metals Inc.

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Not for Distribution to United States Newswire Services or for Dissemination in the United States

Sherritt International Corporation (" Sherritt " or the " Corporation ") (TSX:S), a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, announced today the commencement of offers to purchase (i) its outstanding 8.50% senior second lien secured notes due 2026 (the " Secured Notes ") pursuant to a modified Dutch auction process (the " Secured Notes Dutch Auction ") and (ii) its outstanding 10.75% unsecured PIK option notes due 2029 (the " Junior Notes ", and collectively with the Secured Notes, the " Notes ") pursuant to a fixed price tender offer process (the " Junior Notes Fixed Price Tender Offer " and, together with the Secured Notes Dutch Auction, the " Offers " or the " Transaction ") for aggregate cash consideration of up to $50 million (the " Maximum Consideration Amount "), exclusive of accrued and unpaid interest on the purchased Secured Notes.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Sherritt International Corporation ("Sherritt", the "Corporation", the "Company") (TSX: S), a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, today reported its financial results for the three months ended March 31, 2022. All amounts are in Canadian currency unless otherwise noted.

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Canada Silver Cobalt Begins Exploration at its Eby-Otto Gold Property Near Kirkland Lake

Canada Silver Cobalt Begins Exploration at its Eby-Otto Gold Property Near Kirkland Lake

(TheNewswire)

Canada Silver Cobalt Works Inc.

The Eby-Otto property is located in a prime geological setting with mineralized veins identified at surface, and is proximal to both the Cadillac-Larder Lake Break and an existing high-grade gold mine.

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The following issues have been halted by IIROC:

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Electra Drilling Intersects High Grade Cobalt, Extends Mineralization at Idaho Project

Electra Battery Materials Corporation (NASDQ: ELBM) (TSXV: ELBM) ("Electra") is pleased to announce that drilling at its cobalt-copper mineral project in Idaho has successfully extended mineralization by an additional 180 metres to the east of the current deposit as well as down dip from the eastern edge of the resource zone.

HIGHLIGHTS
  • Cobalt is an essential ingredient in long range electric vehicle batteries and the U.S. automotive industry is entirely reliant on foreign supplies of this critical mineral

  • Five of six exploration holes drilled in the most recent drill campaign intersected high grade cobalt mineralization, including:

    • 2.5 metres at 0.2% cobalt in hole IC21-04
    • 1.4 metres at 0.4% cobalt in hole IC21-05
    • 2.4 metres at 0.2% cobalt in hole IC21-05A
  • Cobalt mineralization remains open along strike in both directions and the final three holes to be reported intersected the mineralized stratigraphy over a depth extent of 400 meters to the east of the current resource

"As expected, drill results on the eastern side of the deposit confirm that the mineralized system has considerable growth potential along strike and at depth" said Dan Pace , Principal Geologist. "Additional drilling to the east of Iron Creek will target zones where the cobalt mineralization may thicken in structural traps. Drilling is also planned for the Ruby zone located 1.5 kilometers to the southeast, where cobalt mineralization can be traced for approximately 300 meters on surface, with 27 surface rock chip samples with assays of up to 0.9%."

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