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27 June 2023 – TheNewswire – Canada – Jervois Global Limited (ASX:JRV) / (TSXV:JRV) / (OTC:JRVMF) (“Company”) will request an immediate trading halt by the Australian Securities Exchange (“ASX”) with respect to its ordinary shares, pending the release of an announcement in relation to a potential capital raising prior to the opening of the ASX trading session on 28 June 2023 (Australia).
The Company anticipates its ordinary shares listed on the TSX Venture Exchange (“TSX-V”) will be similarly halted pending the release of an announcement in relation to a potential capital raising.
The halt on the ASX is expected to be granted in accordance with ASX Listing Rule 17.1. The trading halt will be requested in order that the Company may conduct a potential capital raising. The trading halt on the ASX is expected to continue until the earlier of the Company releasing an announcement in relation to the potential capital raising, or the commencement of trading in Australia on Friday, 30 June 2023. The Company expects that the trading halt will be ended by it making an announcement to the ASX in relation to the potential capital raising.
It is anticipated that trading would resume on the TSX-V following the resumption of trading on the ASX.
The Company is not aware of any reason why the ASX trading halt would not be granted, or of any other information available at the time the ASX trading halt will be requested that is relevant to the ASX trading halt.
Alwyn Davey
Company Secretary
This announcement was authorised for release by the Company Secretary of Jervois Global Limited.
For further information, please contact:
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Investors and analysts: James May Chief Financial Officer Jervois Global
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Media: Nathan Ryan NWR Communications Mob: +61 420 582 887 |
Forward-Looking Statements
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule”, “expected” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the trading halt and potential capital raising, and certain other factors or information. Such statements represent Jervois’ current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by Jervois, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. Jervois does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2023 TheNewswire – All rights reserved.
