Sherritt International Corp.

Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today announced that it has renewed and extended its $70 million credit facility with its syndicate of lenders to April 30, 2022. The renewal builds on the Corporation’s recently completed balance sheet initiative and related efforts to strengthen its capital structure and improve its liquidity. “Combined [...]

Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today announced that Andrew Snowden, Senior Vice President and Chief Financial Officer, has resigned his position to pursue an opportunity outside of the Company. Mr. Snowden will provide a smooth transition through his resignation date, which is effective December 31, 2020. Nathan Reeve, currently Sherritt’s [...]

Sherritt International Corp. today announced that its President and Chief Executive Officer, David Pathe, has informed the Board of Directors of his desire to step down from his role in 2021. The Company is launching a search for his successor, and Mr. Pathe has agreed to stay on until a replacement is in place to ensure an orderly transition. Mr. Pathe’s leadership during his eight-year tenure guided Sherritt through an [...]

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 October 31, 2020. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio October 31, 2020 US$15.47 1.00 Consistent with the terms of the [...]

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-month periods ended September 30, 2020. All amounts are in Canadian currency unless otherwise noted. During the quarter, pursuant to its plan of arrangement under the Canadian Business Corporations Act, Sherritt announced the [...]

Sherritt International Corp. will release its third quarter 2020 financial results after market close on November 4, 2020. Senior management will host a conference call and webcast on November 5, 2020 at 9:00 am ET to review Sherritt’s third quarter financial and operational performance. Dial-in and Webcast Details: North America dial-in number: 1 521-4909 International dial-in number: 427-2311 Webcast and slide [...]

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 September 30, 2020. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio September 30, 2020 US$14.89 1.00 Consistent with the terms of [...]

Sherritt International Corp. today released its 2019 Sustainability Report that outlines the company’s approach to sustainability and performance for the year. The report, which was prepared in accordance with the Global Reporting Initiative’s Standards, is available online at https://sustainability.sherritt.com/2019/ “Our corporate purpose is to be a low-cost nickel producer that creates sustainable prosperity for all [...]

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 August 31, 2020. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio August 31, 2020 US$14.60 1.00 Consistent with the terms of the [...]

Sherritt International Corp. announced that its previously disclosed transaction to improve its capital structure was completed effective today pursuant to its plan of arrangement under the Canada Business Corporations Act . “Completion of our balance sheet initiative marks an important milestone and is indicative of our ongoing efforts to build balance sheet strength,” said David Pathe, President and CEO of Sherritt [...]