Jervois Global Limited (AU:JRV) has released an update.
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Jervois Global Limited has successfully negotiated extensions and waivers on financial covenants for its Idaho Cobalt Operations Bonds and Jervois Finland Working Capital Facility, aiding the company’s efforts to strengthen its balance sheet. The majority bondholder, also the sole lender for the working capital facility, approved these measures, indicating confidence in Jervois’s ongoing commercial discussions and potential transactions.
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