M2 Cobalt merges with cash-rich Jervois Mining
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…
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