Add-on Acquisition • Metals/Mining

Jervois Acquires eCobalt Solutions

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date April 1, 2019
Target eCobalt Solutions
Sector Metals/Mining
Buyer(s) Jervois
Deal Type Add-on Acquisition
Advisor(s) TD Securities (Financial)

Target Company

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 Overview 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 was founded in 1962 and is based in Cremorne, Australia.


Deal Context for Buyer #
Overall 1 of 1
Sector: Metals/Mining 1 of 1
Type: Add-on Acquisition 1 of 1
State: British Columbia 1 of 1
Country: Canada 1 of 1
Year: 2019 1 of 1