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  6. Jervois Acquires eCobalt Solutions

M&A Deal Summary

Jervois Acquires eCobalt Solutions

On April 1, 2019, Jervois acquired metals/mining company eCobalt Solutions

Acquisition Highlights
  • This is Jervois’ 1st transaction in the Metals/Mining sector.
  • This is Jervois’ 1st transaction in Canada.
  • This is Jervois’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-04-01
Target eCobalt Solutions
Sector Metals/Mining
Buyer(s) Jervois
Deal Type Add-on Acquisition
Advisor(s) TD Securities (Financial)

Target

eCobalt Solutions

Vancouver, British Columbia, Canada
eCobalt Solutions, Inc. is an advanced-stage development company with near-term primary cobalt production. The company Idaho Cobalt Project ("ICP") is located in the historic Idaho Cobalt Belt, near the town of Salmon in east-central Idaho.

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Buyer(S) 1

Buyer

Jervois

Cremorne, Australia
Category Company
Founded 1962
Sector Metals/Mining
Revenue 195M USD (2023)
DESCRIPTION

Jervois is a provider of mining services. Jervois' core project is the 100%-owned Nico Young nickel-cobalt laterite deposit in New South Wales, Australia. Jervois was founded in 1962 and is based in Cremorne, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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