Jervois Mining Ltd. and eCobalt Solutions Inc. have entered into an arrangement to combine. In the transaction, Jervois will acquire all of the issued and outstanding common shares of eCobalt that Jervois does not already own.
On January 22, Jervois announced it would complete an at-market merger with M2 Cobalt Corp. by acquiring all of the shares of M2 Cobalt. The M2 Cobalt Merger will proceed as previously announced and is expected to be completed in advance of the Jervois transaction.