Jervois appoints Hiroyuki Shinto as Japan Marketing Adviser

• - Hiroyuki Shinto is a 35-year career trader of nickel, cobalt and ferrochrome in Japan and Europe

  - Mr. Shinto was General Manager, Nickel & Ferro Alloys (including cobalt) at Glencore Japan for more than a decade

  - He will market Jervois’ nickel and cobalt products into Japan

  - Jervois is targeting cobalt concentrate production from mid-2022.

TheNewswire - 15 February 2021 - Jervois Mining Limited (“Jervois” or the “Company”) (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) announces the engagement of Mr Hiroyuki Shinto as its Japan Marketing Adviser.  Mr. Shinto will have exclusive responsibility for marketing Jervois’s product into Japan, including the groups nickel and cobalt products from Idaho Cobalt Operations (“ICO”), in Idaho, United States and from the São Miguel Paulista Refinery (“SMP”) São Paulo, Brazil, which Jervois announced its agreement to acquire last year.

Mr. Shinto is an experienced metals marketing executive with 15 years’ experience at Tomen Corporation including being based in London, UK for 4 years and Tokyo, Japan for nine years marketing and sourcing non-ferrous metals, specifically nickel, cobalt and copper.

Mr. Shinto then joined Glencore, leading its Nickel and Ferro Alloys (including cobalt) department for Japan for more than 10 years as General Manager.  At Glencore Japan, Mr. Shinto was responsible for the sales of nickel, cobalt and ferroalloys to the Japanese domestic steel, stainless and specialty mills, and to battery and chemical producers.

After retiring from Glencore, Mr. Shinto established Starboard Corporation, a non-ferrous metals trading business with a focus on nickel for the steel industry in Japan.

Mr. Shinto has been assisting Jervois with the marketing of its ICO offtake from the United States, which remains on schedule for initial concentrate production from mid-2022.  With the announcement of Jervois’s intention to acquire SMP, Mr. Shinto’s scope broadened into refined nickel and cobalt products.  Mr. Shinto’s engagement to facilitate access to the Japanese market will support Jervois’ restart of SMP, transforming the Company into a vertically integrated producer of refined cobalt and nickel.

On behalf of Jervois Mining Limited

Bryce Crocker, CEO.

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Forward-Looking Statements

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the timing of concentrate production at ICO, restart of operations at SMP Refinery, marketing of offtake and products from ICO and SMP Refinery, and Jervois becoming a vertically integrated producer of refined cobalt and nickel along with certain other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

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