Sherritt International Corp. today announced that its Alberta-based Technologies division has successfully completed a pilot-scale demonstration of a proprietary process to upgrade bitumen. The process has the ability to eliminate the need for addition of diluent, a high-cost thinning agent that reduces heavy oil viscosity, and improve pipeline capacity. “Sherritt has identified a new application of our proven [...]
Sherritt International Corp. : 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 first quarter ended March 31, 2018. All amounts are in Canadian currency unless noted. CEO COMMENTARY “Sherritt’s results for Q1 reflect the positive impact of improving commodity prices and our [...]
Sherritt International Corp. : Press Release: April 24, 2018, after market close Conference Call and Webcast: April 25, 2018, 9:00 a.m. North American callers, please dial: 1-866-222-0265 International callers, please dial: 416-640-5944 Live webcast: www.sherritt.com An archive of the webcast will also be available on the website. The conference call will be available for replay until May 2, 2018 by calling 647-436-0148 [...]
Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today published the Applicable Reference Cobalt Price and Applicable Common Shares per Warrant Ratio for the three-month period ended March 31, 2018. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio March 31, 2018 US$39.01 1.05 Consistent with the terms of the [...]
Sherritt International Corp. : Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today published the Applicable Reference Cobalt Price and Applicable Common Shares per Warrant Ratio for the three-month period ended February 28, 2018. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio February 28, 2018 US$36.61 1.05 [...]
Sherritt International Corp. : Sherritt International Corp. today announced the results of its modified Dutch auction tender offer to purchase for cash its outstanding 8.0% Senior Unsecured Debentures due 2021, 7.5% Senior Unsecured Debentures due in 2023 and 7.875% Senior Unsecured Notes due in 2025 . In accordance with the terms of the Offers , Sherritt has elected to purchase an aggregate total of $121,223,000 [...]
Sherritt International Corp. : 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 fourth quarter and year ended December 31, 2017. All amounts are in Canadian currency unless noted. CEO COMMENTARY “Sherritt ended 2017 with a significantly strengthened balance sheet and a much improved [...]
Sherritt International Corp.Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today published the Applicable Reference Cobalt Price and Applicable Common Shares per Warrant Ratio for the three-month period ended January 31, 2018. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio January 31, 2018 US$33.97 1.00 [...]
Sherritt International Corp. : Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ore, announced the appointment of Maryse Bélanger to its Board of Directors, effective today. “We are delighted to welcome Maryse Bélanger to our board,” said David Pathe, Chairman and Chief Executive Officer of Sherritt. “Maryse brings extensive [...]
Sherritt International Corp. : Sherritt International Corp. : Press Release: February 12, 2018, before market open Conference Call and Webcast: February 12, 2018, 10:30 a.m. North American callers, please dial: 1-800-281-7829 International callers, please dial: 647-794-1827 Live webcast: www.sherritt.com An archive of the webcast will also be available on the website. The conference call will be available for replay until [...]
Sherritt International Corp. : Sherritt International Corp. today closed its previously announced unit offering including the full exercise of an over-allotment option granted to its agents. A total of 94,464,400 units of the Company were sold at a price of $1.40 per Unit for gross proceeds of approximately $132 million. Each Unit consists of one Sherritt common share and one-half of one common share purchase warrant [...]
Sherritt International Corp. : Sherritt International Corp. today announced the pricing and increase in size of its previously announced unit offering of $100 million to $115 million. The offering will be comprised of 82,143,000 units issued at a price of $1.40 per Unit, for gross proceeds of approximately $115,000,000. Each Unit shall consist of one Sheritt common share and one-half of one common share purchase warrant [...]
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