#jervoismining

M2 Cobalt merges with cash-rich Jervois Mining

M2 Cobalt (MC.V) has been in a trading halt since yesterday and although the company hasn’t issued a press release yet, an ASX-listed company released an interesting piece of information last night.

Jervois Mining (ASX:JRV), an Australian company with a market capitalization of just over A$60M, has entered into a definitive agreement to acquire all outstanding shares of M2 Cobalt in an all-share…