(TheNewswire)

Victoria, Australia – TheNewswire – June 30, 2022 –

Jervois Global Limited (“

Jervois

”) (ASX:JRV)
(TSXV:JRV) (OTC:JRVMF) is pleased to have participated in the highly
regarded SelectUSA Investment Summit hosted by United States
(“

U.S.

”) Secretary of Commerce Gina M. Raimondo.  On June 29,
2022 in the U.S., Dr. Jennifer Hinton, Jervois Group Manager – ESG,
participated as a speaker and panelist at the SelectUSA Investment
Summit in Washington, DC. The SelectUSA Investment Summit brings
together 3,000 businesspeople and investors from around the world with
U.S. federal, state and local government economic development
authorities.

Dr. Hinton spoke about the historic nature of the
Jervois cobalt deposit in Salmon, Idaho, its upcoming commissioning
and the consequential integral contribution to U.S. critical minerals
security.  She also discussed the importance of robust and
transparent stakeholder relations with local communities,
environmental groups and native tribes, that have underpinned project
advancement under Jervois’s stewardship.  Dr. Hinton also outlined
impactful Jervois projects underway in the local Salmon community.

The panel was moderated by Ms. Alejandra Castillo,
Assistant Secretary of Commerce for Economic Development.  Other
panelists were Ms. Hilde Merete Aasheim, CEO and President of Norsk
Hydro ASA and Mr. Swami Iyer, CFO of Aurobindo Pharma USA.

Jervois’ 100% owned Idaho Cobalt Operations
(“

ICO

”) is expected to commence mill commissioning in September
2022, with full production forecast in February 2023.  An official
opening ceremony for the ICO mine is scheduled at site on Friday 7
October, with expected participation of U.S. political leadership and
Australian government delegates.  As this panel illustrates, Jervois
remains actively engaged with the U.S. government with regard to the
geopolitical and economic importance of what will be the country’s
first cobalt mine for generations, when commercial production
commences later this year.

On behalf of Jervois Global Limited

Bryce Crocker, Chief Executive Officer

For further information, please contact:

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”, “expected” and other similar words or expressions
identify forward-looking statements or information. These
forward-looking statements or information may relate to the timing of
production ICO and certain other factors or information. Such
statements represent Jervois’ current views with respect to future
events and are necessarily based upon a number of assumptions and
estimates that, while considered reasonable by Jervois, 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. Jervois 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.

Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.

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