Sherritt International Corp. , a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, 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 [...]
Sherritt International Corporation , 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, 2022. All amounts are in Canadian currency unless otherwise noted. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221102005834/en [...]
Sherritt International Corp. will release its third quarter 2022 financial results after market close on November 2, 2022. Senior management will host a conference call and webcast on November 3, 2022 at 10:00 am ET to review Sherritt's third quarter 2022 financial and operational performance. Dial-in and Webcast Details: North America dial-in number: 1 886-7786 Passcode: 84034622 International dial-in number: 1 764-8658 [...]
Sherritt International Corp. , a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, announced today it has signed agreements with its Cuban partners to settle its total outstanding Cuban receivables over five years, beginning January 1, 2023. Under the agreements, the Moa Joint Venture will prioritize payment of dividends in the form of finished cobalt to each partner, up [...]
Sherritt International Corp. today released its 2021 Sustainability Report, Climate Report, Tailings Management Report and Sustainability Scorecard outlining the Corporation's performance on environmental, social, and governance matters. All amounts are in Canadian currency unless otherwise noted. "Our Sustainability Framework is intrinsically embedded into our overall business strategy, which is focused on growing and [...]
Sherritt International Corporation , 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 six months ended June 30, 2022. All amounts are in Canadian currency unless otherwise noted. "Strong long-term fundamentals for our nickel, cobalt and fertilizer products gave us the confidence to use some of our available cash to [...]
Sherritt International Corp. will release its second quarter 2022 financial results after market close on July 27, 2022. Senior management will host a conference call and webcast on July 28, 2022 at 10:00 am ET to review Sherritt's second quarter 2022 financial and operational performance. Dial-in and Webcast Details: North America dial-in number: 1 396-8049 Passcode: 89786551 International dial-in number: 1 764-8646 [...]
Sherritt International Corp. announced today the results of its 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 . Having reviewed the positive results of the Offers, Sherritt has determined to not extend the expiration date for the [...]
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 [...]