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Jervois secures US$100 million bond offering to fund Idaho cobalt operations

Jervois Mining has raised US$100 million in senior secured bonds which it plans to list on the Nordic Alternative Bond Market. The bonds were priced with an annual coupon of 12.5% and an issue discount to par of 2%.

Jervois secures US$100 million bond offering to fund Idaho cobalt operations Jervois secures US$100 million bond offering to fund Idaho cobalt operations Jervois secures US$100 million bond offering to fund Idaho cobalt operations Jervois secures US$100 million bond offering to fund Idaho cobalt operations Jervois secures US$100 million bond offering to fund Idaho cobalt operations

Jervois Mining's Idaho cobalt project in Idaho, USA

The bond issue is repayable in mid-2026 and preserves commercial flexibility through construction by not obliging Jervois to irrevocably commit cobalt supply early from its Idaho operations in the