Jervois Global Limited ("Jervois") (ASX: JRV) (TSX-V: JRV) (OTC: JRVMF) has
agreed with the majority bondholder (the "Holder") of the US$100 million 12.5%
Idaho Cobalt Operations ("ICO") senior secured bonds (the "ICO Bonds") that the
Holder will support a waiver of all financial covenants (the "Waiver") until 20
July 2024. The ICO Bonds were issued by a Jervois U.S. subsidiary, secured by
ICO and guaranteed by Jervois in 2021.  

As a result of the challenging business and operating environment, Jervois is in
need of financial flexibility in order to minimise any risk of disruption of
operations and to provide a stable basis for discussions with Bondholders and
other creditors and third-party investors to provide a sustainable capital
structure to support the Group and its business on an on-going basis. In
consideration of the above, Jervois has requested the waiver in order to provide
a suspension to its obligation to comply with and report on financial covenants
set out in the Bond Terms until 20 July 2024.

Until the Waiver is implemented, the Holder has also agreed to forbear remedies
associated with financial covenant compliance.

Please see attached for more detail and a copy of the ASX continuous disclosure
announcement.


This information is subject to disclosure pursuant to section 3.5.1 of the
Nordic AMB Issuer Rules.

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