Sherritt International Corp. today announced an update on its operations in Cuba following the nationwide power outage that began on October 18, 2024 . Despite the power outage and adverse weather from the tropical storm that occurred shortly after, Sherritt maintains its 2024 guidance ranges. The Moa nickel mine and all Energas S.A. facilities returned to full operating capacity on October 27, 2024. Following the power [...]
Sherritt International Corp. today announced an operational update following a countrywide power outage in Cuba that began on Friday, October 18th. Partial restoration of power occurred on Saturday, October 19th with efforts toward the complete restoration of the national grid continuing. At this time, Sherritt does not anticipate any impact to its 2024 guidance. At Sherritt's Metals division, the Moa Nickel mine, began [...]
Sherritt International Corp. will release its third quarter 2024 results after market close on October 30, 2024. Senior management will host a conference call and webcast on October 31, 2024, at 10:00 am ET to review Sherritt's third quarter 2024 financial and operational performance. Dial-in and Webcast Details: North America dial-in number: 1 717-1738 Passcode: 71533 International dial-in number: 1 514-5100 Passcode [...]
Sherritt International Corp. is pleased to announce the appointment of Shelley Brown to its Board of Directors effective today. Ms. Brown's appointment and significant experience will provide a seamless succession following the resignation of Anna Ladd-Kruger who is reducing her board commitments in order to take up full time study at the University of British Columbia. "We are delighted to have Shelley join our Board [...]
Sherritt International Corporation , a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt - metals deemed critical for the energy transition - today reported its financial results for the three and six months ended June 30, 2024. All amounts are in Canadian dollars unless otherwise noted. Leon Binedell, President and CEO of Sherritt commented, "We are encouraged by the strong [...]
Sherritt International Corp. will release its second quarter 2024 results after market close on July 29, 2024. Senior management will host a conference call and webcast on July 30, 2024 at 10:00 am ET to review Sherritt's second quarter 2024 financial and operational performance. Dial-in and Webcast Details: North America dial-in number: 1 717-1738 Passcode: 88402 International dial-in number: 1 514-5100 Passcode: 88402 [...]
Sherritt International Corp. is pleased to announce the release of its 2023 Sustainability Disclosures, including its Annual Sustainability Report, Climate Report, Tailings Management Report and Sustainability Scorecard outlining the Corporation's performance on environmental, social, and governance matters. "Our 2023 Sustainability Report marks Sherritt's 16th year of sustainability reporting, demonstrating how [...]
Sherritt International Corp. today announced voting results of its 2024 Annual Meeting of Shareholders held May 9, 2024. A total of 156,740,611 common shares or 39.45% 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. , a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt - metals deemed critical for the energy transition, today reported its financial results for the three months ended March 31, 2024. All amounts are in Canadian currency unless otherwise noted. Leon Binedell, President and CEO of Sherritt commented, "The first quarter saw a continuation in depressed [...]
Sherritt International Corp. today issued the following statement in response to misleading information announced by SC2 Inc. on April 22, 2024 in connection with its mini-tender offer to purchase up to 21,621,621 common shares or approximately 5% of the issued and outstanding shares of Sherritt at a price of $0.37 per common share , announced on April 8, 2024 and amended on April 11, 2024. SC2 was incorporated on April [...]
SC2 Inc. is pleased to announce that 16,899,224 common shares of Sherritt International Corp. , representing 4.25% of the Sherritt public float, have already been tendered to the previously announced offer by SC2 to purchase up to 21,621,621 common shares of Sherritt, at a price of $0.37 per common share . Only 4,722,397 common shares remain available for purchase under the Offer, which expires on May 3, 2024. SC2 expects [...]
SC2 Inc. is pleased to announce an offer to purchase up to 21,621,621 common shares of Sherritt International Corp. at a price of $0.37 per common share , payable in cash. The Purchase Price is equal to an approximate 19.4% premium to the closing price of the common shares on the Toronto Stock Exchange on April 8, 2024 and an approximate 27.6% premium to the volume-weighted average trading price of the common shares on [...]