JERVOIS MINING LIMITED (JRV)

name changed to Jervois Global Limited

The suspension of trading in the securities of Jervois Mining Limited will be lifted immediately, following the release by JRV of an announcement regarding the successful completion of both the placement and institutional entitlement offer.

The company has successfully completed both the institutional placement and the institutional component of its 1 for 1.56 accelerated non-renounceable entitlement offer. Approximately A$136 million was raised across the placement and institutional entitlement offer at an offer price of A$0.44 per share.

The company releases a cleansing prospectus for its accelerated non-reonounceable pro rata entitlement offer of 1 fully paid ordinary share in Jervois for every 1.56 fully paid ordinary shares held at 7.00pm (Melbourne time) on 29 July 2021 by shareholders with a registered address in Australia, New Zealand and certain other jurisdictions in which Jervois has decided to extend the entitlement offer.

The company releases its Investor Presentation July 2021.

Jervois to acquire 100% of Freeport Cobalt by purchasing all the shares of Freeport Cobalt Oy and four affiliated entities from Koboltti Chemicals Holdings Limited. Long-term capacity sharing of world-class1 cobalt refinery in Kokkola, Finland (operated by Umicore) via contractual rights to toll refine 6,250 mtpa cobalt at cost until 2093. Acquisition includes a flexible, downstream advanced materials platform servicing a range of cobalt specialty product markets with longstanding customer relationships across Europe, the United States and Japan. Creates a pathway to become the second largest producer of refined cobalt outside China; consolidates Jervois' strategy to become a leading nickel and cobalt company. Jervois' business is enhanced by adding a significant cash generating asset and diversifying across multiple products and value chain segments. Base consideration of US$160 million (including US$75 million of net working capital). Jervois to raise A$313 million via a fully underwritten Equity Raising to fund the Acquisition and ICO development. Mercuria, one of the world's largest independent energy and commodity traders with more than US$120 billion annual turnover, will invest up to US$40 million in Jervois' equity raising; binding Memorandum of Understanding (MoU) signed to potentially support Jervois in a number of areas. AustralianSuper to invest approximately A$50 million in the equity raising, and to further sub-underwrite the entitlement offer for approximately A$33 million. Freeport-McMoRan and Lundin Mining (shareholders of KCHL) commit to support the equity raising and sub-underwrite the entitlement offer up to approximately A$66 million. Jervois Directors and Management will invest A$3.5 million in the Equity Raising. Acquisition is expected to close at the end of August 2021, subject to closing of a portion of the equity raising and other customary conditions.

The AGM to be held on 29 July 2021 at 10.00 am (AEST) will only be held virtually due to the current restrictions in Victoria and restrictions at the meeting venue which are anticipated to extend beyond the meeting date. Shareholder who wish to attend the AGM should register at: https://us02web.zoom.us/webinar/register/WN_dnUddoUuQi6eBiKP9vdsjQ. The Company encourages shareholders to return their proxies not later than 10.00 am on 27 July 2021 (AEST).

Jervois' subsidiary has settled its US$100 million bond offering with net proceeds placed into Jervois Mining USA Limited's escrow account in exchange for the bonds being issued in accordance with their terms. Proceeds from the Bond Offering will be used by Jervois to fund construction of its 100%-owned Idaho Cobalt Operation in the United States and enter production. The Bond Offering is repayable in mid-2026 and preserves commercial flexibility through ICO construction by not obliging Jervois to irrevocably commit cobalt supply early. Jervois purchases a 100-person accommodation camp for ICO from a local vendor in Boise, Idaho, U.S. The camp will be located at site to significantly reduce road traffic from previously planned levels and improve logistics, safety and productivity. Initial commissioning of the camp is anticipated in Q4 2021 to support ICO construction ahead of expected mine commissioning in mid-2022.

The company releases a notice of application for quotation of securities.

The securities of Jervois Mining Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of JRV, pending the release of an announcement regarding the material acquisition and associated equity raising.

The suspension of trading in the securities of Jervois Mining Limited will be lifted immediately, following the release by JRV of an announcement regarding the Positive Preliminary Economic Assessment for Nico Young and M2 Cobalt Merger Update.

The company has received d conditional approval from the TSX Venture Exchange to list its ordinary shares on the TSX.V in connection with its proposed merger with M2 Cobalt Corp. M2 Cobalt has released the shareholder circular for the Merger. Included in the circular is a summary of the positive NI 43-101 compliant Preliminary Economic Assessment. on Jervois's 100%-owned Nico Young Nickel-Cobalt Project in New South Wales, Australia. Nico Young provides an attractive opportunity for development when commodity prices improve. It will be fully funded by third parties up to construction and Jervois will sell down its current 100% equity ownership. Offtake and partner negotiations are advancing. Jervois is redirecting its financial resources to other publicly disclosed growth opportunities "“ the M2 Cobalt and eCobalt Solutions mergers, together with Kabanga and Kilembe discussions with the Governments of Tanzania and Uganda respectively. Nico Young PEA envisages heap leaching and refining through an integrated processing facility to produce battery grade nickel sulphate and cobalt in refined sulphide. Nico Young has the potential to deliver significant local and regional economic and social benefits into the Young area of New South Wales, Australia. Positive commercial outcomes of the PEA are expected to underpin a process to secure joint venture partner(s) and progress a Definitive Feasibility Study for Nico Young. In conjunction with the DFS, Jervois will seek necessary regulatory approvals for project development. Upon project financing close, Jervois expects a four-year construction period with commissioning to start after two years. First commercial production targeted for 2023.

The securities of Jervois Mining Limited will be suspended from quotation immediately under Listing Rule 17.3. The securities will remain suspended until further notice.

The securities of Jervois Mining Limited (the "Company") will be reinstated to quotation from the commencement of trading tomorrow, Wednesday 18 March 2015, following the release of the Company's Half Year Accounts for the period ended 31 December 2014

suspended following failure to lodge Half Year Accounts for the period ended 31 December 2014 in accordance with Listing rules

The securities of Jervois Mining Limited (the "Company") will be reinstated to quotation immediately, following the release of the Appendix 4D Half Year Report for the period ended 31 December 2014. Security Code: JRV

suspended from Official Quotation from the commencement of trading today 2 March 2015 following failure to lodge their Half Yearly Reports for the period ending 31 December 2014

The securities of Jervois Mining Limited (the "Company") will be reinstated to quotation at the commencement of trading on Monday, 6 October 2014, following the release of the Full Year Accounts for the period ended 30 June 2014. Security Code: JRV

The securities of Jervois Mining Limited will be suspended from Official Quotation from the commencement of trading today 1 October 2014 following failure to lodge its Full Year Accounts for the period ending 30 June 2014 in accordance with Listing Rules.

we understand that on or about this date the company consolidated its shares 1 for 100

suspended from quotation following failure to lodge its half yearly financial report

shares to be reinstated tomorrow

securities reinstated to quotation

name changed from Jervois Mining NL