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Jervois Global Halts Trading Amid Recapitalization Plans

Jervois Global Halts Trading Amid Recapitalization Plans

Jervois Global Limited (AU:JRV) has released an update.

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Jervois Global Limited has announced a voluntary suspension of its stock trading on the Australian Securities Exchange as it plans a recapitalization agreement with Millstreet Capital Management. The company aims to manage its disclosure obligations while it considers entering voluntary administration. Trading is expected to resume by January 31, 2025, or upon further announcements.

For further insights into AU:JRV stock, check out TipRanks’ Stock Analysis page.

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