Sherritt International Corp. reminds holders of the Corporation's outstanding 8.50% senior second lien secured notes due 2026 and 10.75% unsecured PIK option notes due 2029 of the initial expiration date of June 1, 2022 for the Corporation's previously announced modified Dutch auction in respect of the Secured Notes and fixed price tender offer in respect of the Junior Notes for aggregate cash consideration of up to $50 [...]
Sherritt International Corp. today announced voting results of its 2022 Annual Meeting of Shareholders held May 13, 2022. A total of 123,448,400 common shares or 31.07% of Sherritt's issued and outstanding common shares were represented virtually or by proxy at the meeting. Shareholders voted in favour of all items of business put forth at the meeting, including the re-appointment of Deloitte LLP as external auditors and [...]
Sherritt International Corp. announced today the commencement of offers to purchase its outstanding 8.50% senior second lien secured notes due 2026 pursuant to a modified Dutch auction process and its outstanding 10.75% unsecured PIK option notes due 2029 pursuant to a fixed price tender offer process for aggregate cash consideration of up to $50 million, exclusive of accrued and unpaid interest on the purchased Secured [...]
Sherritt International Corp. reported its financial results for the three months ended March 31, 2022. All amounts are in Canadian currency unless otherwise noted. "The combination of high realized prices for each of the commodities we produce, strong production at the Moa JV, and the recovery of the Power business in the first quarter generated some of Sherritt's best financial metrics since 2014," said Leon Binedell [...]
Sherritt International Corp. will release its first quarter 2022 financial results after market close on May 11, 2022. Senior management will host a conference call and webcast on May 12, 2022 at 10:00 am ET to review Sherritt's first quarter 2022 financial and operational performance. Dial-in and Webcast Details: North America dial-in number: 1 968-2281 Passcode: 5890652 International dial-in number: 714-2984 Passcode [...]
Sherritt International Corp. today announced changes to its Board of Directors consistent with its commitment to environmental, social and governance matters and to ongoing Board renewal, naming Maryse Bélanger Deputy Chair and Chih-Ting Lo, P.Eng., an expert in decarbonization and sustainability in the mining industry, as director. The appointments are effective today. "Chih-Ting is a welcome addition to our Board [...]
Sherritt International Corporation reported its financial results for the three months and year ended December 31, 2021. All amounts are in Canadian currency unless otherwise noted. "Our fourth quarter results capped a year of transition for Sherritt as we pivot towards growth and expansion," said Leon Binedell, President and CEO of Sherritt International Corporation. "Against a backdrop of a global pandemic, continued [...]
Sherritt International Corp. will release its fourth quarter and fiscal year 2021 financial results after market close on February 9, 2022. Senior management will host a conference call and webcast on February 10, 2021 at 10:00 am ET to review Sherritt's fourth quarter and fiscal year 2021 financial and operational performance. Dial-in and Webcast Details: North America dial-in number: 1 521-4909 International dial-in [...]
Sherritt International Corp. announced production results for the fourth quarter and year ended December 31, 2021, and provided guidance for expected production, unit costs and spending on capital in 2022. This press release features multimedia. Sherritt's refinery in Fort Saskatchewan, Alberta Highlights Finished nickel production at the Moa Joint Venture in 2021 on a 100% basis was 31,184 tonnes, in line with guidance [...]
Sherritt International Corp. announced the planned retirement of Chief Operating Officer Steve Wood, effective April 30, 2022. Mr. Wood has worked in the mining industry for more than 40 years, including the past seven as Sherritt's COO. "Steve has provided invaluable guidance on Sherritt's operations over the years, and I am grateful for his support and the many contributions he has made as a key member of the senior [...]
Sherritt International Corp. , a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, announced that Dr. Peter Hancock, a mining industry executive with more than 30 years of experience overseeing nickel mining operations, developing and commercializing process technologies, and ramping up nickel projects, has been appointed to Sherritt's Board of Directors effective today [...]
Sherritt International Corp. , a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, today reported its financial results for the three and nine months ended September 30, 2021, and announced it is embarking on an expansion strategy with its Cuban partners to capitalize on the growing demand for high purity nickel and cobalt being driven by the accelerated adoption of [...]
