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Jervois get strong backing for cobalt, nickel ventures

Jervois Mining has closed a A$45 million fundraising it claims was “significantly oversubscribed”, with the funds going towards its Idaho cobalt project and the recently unveiled Sao Miguel Paulista nickel-cobalt refinery acquisition in Brazil.

Jervois get strong backing for cobalt, nickel ventures Jervois get strong backing for cobalt, nickel ventures Jervois get strong backing for cobalt, nickel ventures Jervois get strong backing for cobalt, nickel ventures Jervois get strong backing for cobalt, nickel ventures

Jervois Mining's Idaho project in Idaho, USA

The fundraising priced new shares at 30.5c, a 1.2% discount to trading levels over the past 10 days.

Existing shareholder AustralianSuper cornerstoned the raising by putting in $18.

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