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11.06.25 - 03:21
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Sherritt Reports Shareholder Meeting Results, Board Appointments and Committee Updates (Business Wire)
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Not for Distribution to United States Newswire Services or for Dissemination in the United StatesTORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced the voting results of its 2025 Annual and Special Meeting of Shareholders held June 10, 2025, the appointment of John Ewing to the Board of Directors (the “Board”), the appointments of Leon Binedell as Executive Chairman and Shelley Brown as Lead Independent Director, respectively, and other governance updates.
2025 Annual and Special Meeting of Shareholders Voting Results
A total of 283,623,833 common shares or 57.15% of Sherritt's issued and outstanding common shares were represented in person or by proxy at the meeting. A majority of the votes were cast in favour of all items of business put forth at the meeting, including the re-appointment of Deloitte LLP as external auditors, amendments to the Corporation's stock option plan and the non-binding advisory resolution known as ...
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09.06.25 - 13:06
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Sherritt Announces the Retirement of its Chairman (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced that Sir Richard Lapthorne, Chairman of the Board of Directors (the “Board”), has advised the Corporation that his previously announced retirement will be effective today due to personal reasons.
Sir Richard has served as Chairman of the Board since June 2019. Over that time, the Corporation has undergone significant transformation, strengthening its balance sheet, advancing operational capabilities, and navigating an extended period of commodity price volatility.
“Serving as Chairman of Sherritt has been a profound responsibility and privilege,” said Sir Richard. “With the Corporation now well-positioned for long-term growth, this is the right time to begin a leadership transition. I have every confidence in the Board and executive team to continue building on the momentum w...
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26.05.25 - 14:03
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Sherritt Issues Letter to Shareholders Highlighting Imminent Threat From a Reckless and Self-Interested Shareholder SC2 Inc., an Affiliate of Seablinc Canada Inc., a Significant Supplier to Sherritt′s Moa Joint Venture (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Warning: SC2 Inc. aims to control Sherritt for its own gain, without offering a credible plan or a premium, risking the Corporation's financial wellbeing and strategic progress
Leading independent proxy advisor Glass Lewis recommends shareholders vote FOR all resolutions(1)
Sherritt's Board urges shareholders to vote FOR all resolutions and nominees well in advance of the proxy voting deadline on Friday, June 6, 2025, at 10:00 a.m. (Eastern Time)
For assistance voting, contact Kingsdale Advisors at 1-866-229-8263 (toll-free in North America) or (437) 561-5030 (text and collect calls outside of North America) or at contactus@kingsdaleadvisors.com
For more detailed information, including the full shareholder letter, please visit https://www.sherrittagm.com/
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S), a world leader in using hydrometallurgical...
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13.05.25 - 23:09
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Sherritt Reports First Quarter 2025 Results; Completed Strategic Transactions to Strengthen Capital Structure; Moa JV Expansion Phase Two Commissioning Underway (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt”, the “Corporation”) (TSX: S), 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, 2025. All amounts are in Canadian dollars unless otherwise noted.
Leon Binedell, President and CEO of Sherritt commented, “We kicked off this year delivering key strategic initiatives that will drive significant long-term value and strengthen Sherritt's position as a leader in innovative processing solutions and critical minerals production. We successfully strengthened our balance sheet, reducing our outstanding debt obligations, decreasing our annual interest expense and extending our debt maturity to late 2031. We began commissioning phase two of our Moa JV expansion program th...
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29.04.25 - 23:12
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Sherritt Appoints Richard Moat to its Board of Directors (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) is pleased to announce the appointment of Richard Moat to its Board of Directors effective today. Mr. Moat joins the Board as part of the investor rights agreement with a shareholder holding more than 10% of the Corporation's outstanding common shares. He will succeed Steven Goldman who is not seeking re-election at the Corporation's upcoming 2025 shareholder meeting on June 10th.
“Richard's expertise leading multinational enterprises through business transformations make him an invaluable addition to our Board,” commented Sir Richard Lapthorne, Chair of Sherritt's Board of Directors. “We look forward to benefiting from Richard's insights and strategic leadership, leveraging his wealth of experience leading corporations in executive and director positions.”
Sir Richard Lapthorne, continu...
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21.04.25 - 14:30
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Sherritt Announces Successful Closing of Transaction to Extend Debt Maturities and Strengthen its Capital Structure (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that it has completed its previously announced transaction to extend the maturities of the Corporation's notes obligations, reduce outstanding indebtedness and annual interest expense, and strengthen the Corporation's capital structure (the “CBCA Transaction”) pursuant to which, among other things, the Corporation's previously outstanding 8.50% senior second lien secured notes due 2026 (the “Senior Secured Notes”) in a principal amount of approximately $221 million, and its previously outstanding 10.75% unsecured PIK option notes due 2029 in a principal amount of approximately $70 million were collectively exchanged for approximately $266 million in aggregate principal amount of amended 9.25% senior second lien secured notes due 2031 (the “Amended Senior Secured Notes”)...
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15.04.25 - 23:09
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Sherritt Provides Notice of First Quarter 2025 Results Conference Call (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) will release its first quarter 2025 results after market close on May 13, 2025. Senior management will host a conference call and webcast on May 14, 2025 at 10:00 am ET to review Sherritt's first quarter 2025 financial and operational performance.
Dial-in and Webcast Details:
North America dial-in number:
1 (800) 717-1738 Passcode: 94057
International dial-in number:
1 (289) 514-5100 Passcode: 94057
Webcast and slide presentation:
www.sherritt.com
Please dial in 15 minutes before the start of the conference to secure a line and avoid delays. Alternatively, listeners will be able to access the conference call via the webcast available on Sherritt's website.
A copy of the webcast and replay of the conference call will be available on the website following the presentation.
About Sherritt
Sherritt is ...
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09.04.25 - 23:09
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Sherritt Obtains Final Court Order Approving CBCA Transaction to Extend Debt Maturities and Strengthen its Capital Structure (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that, in connection with the Corporation's previously announced transaction to extend the maturities of the Corporation's notes obligations and strengthen the Corporation's capital structure (the “CBCA Transaction”), the Corporation has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the plan of arrangement under the Canada Business Corporations Act (the “CBCA Plan”) pursuant to which the CBCA Transaction is being implemented.
As previously announced, the CBCA Plan was approved by holders of the Corporation's outstanding 8.50% senior second lien secured notes due 2026 (the “Senior Secured Noteholders”) and holders of the Corporation's outstanding 10.75% unsecured PIK option notes due 2029 (the “Junior Noteholders” and ...
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05.04.25 - 00:18
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Sherritt Noteholders Approve CBCA Transaction to Extend Debt Maturities and Strengthen its Capital Structure (Business Wire)
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Not for Distribution to United States Newswire Services or for Dissemination in the United States
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that holders (“Senior Secured Noteholders”) of the Corporation's outstanding 8.50% senior second lien secured notes due November 30, 2026 (the “Senior Secured Notes”) and holders (“Junior Noteholders” and together with the Senior Secured Noteholders, “Noteholders”) of the Corporation's outstanding 10.75% unsecured PIK option notes due August 31, 2029 (the “Junior Notes”) approved, at separate meetings of the Senior Secured Noteholders and Junior Noteholders held today, the Corporation's previously announced transaction (the “CBCA Transaction”) to extend the maturities of the Corporation's notes obligations and strengthen the Corporation's capital structure to be implemented pursuant to a corporate plan of arrangement, as amended (the “CBCA Plan”), unde...
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04.03.25 - 16:51
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XFRA : HRT: Wiederaufnahme/Resumption (XETRA)
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FOLGENDE(S) INSTRUMENT(E) WIRD/ WERDEN WIEDER IN DEN HANDEL AUFGENOMMEN MIT FOLGENDEM TRADING SCHEDULE.
THE FOLLOWING INSTRUMENT(S) IS/ARE RESUMED TRADING WITH FOLLOWING TRADING SCHEDULE:
INSTRUMENT NAME KUERZEL/SHORTCODE ISIN
SHERRITT INTL CORP. HRT CA8239011031
AB/FROM ONWARDS 04.03.2025 16:38 CET...
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04.03.25 - 15:48
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XFRA : HRT: Aussetzung/Suspension (XETRA)
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DAS/ DIE FOLGENDE(N) INSTRUMENT(E) IST/ SIND AB SOFORT AUSGESETZT:
THE FOLLOWING INSTRUMENT(S) IS/ ARE SUSPENDED WITH IMMEDIATE EFFECT:
INSTRUMENT NAME KUERZEL/SHORTCODE ISIN BIS/UNTIL
SHERRITT INTL CORP. HRT CA8239011031 BAW/UFN...
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04.03.25 - 15:30
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Sherritt Announces Transactions to Extend Debt Maturities and Strengthen its Capital Structure (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today a proposed transaction (the “CBCA Transaction”) to extend the maturities of the Corporation's notes obligations and strengthen the Corporation's capital structure.
The CBCA Transaction, described in further detail below, will extend the maturities of the Corporation's notes obligations to November 2031, subject to certain conditions, and reduce Sherritt's total outstanding notes obligations by up to approximately $32 million by exchanging Sherritt's existing notes obligations, comprised of (i) 8.50% senior second lien secured notes due November 30, 2026 (the “Senior Secured Notes”); and (ii) 10.75% unsecured PIK option notes due August 31, 2029 (the “Junior Notes”, and together with the Senior Secured Notes, the “Existing Notes”), for amended 9.25% senior second l...
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05.02.25 - 23:06
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Sherritt Reports Fourth Quarter and Full Year 2024 Results; Strong Operational Performance at Metals and Power; Provides Guidance for 2025 (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt”, the “Corporation”) (TSX: S), 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 and year ended December 31, 2024 and provided its 2025 guidance. All amounts are in Canadian dollars unless otherwise noted.
“Sherritt demonstrated exceptional performance in 2024, with Metals production, Power production and net direct cash costs all falling within their guidance ranges despite significant external challenges,” said Leon Binedell, President and CEO of Sherritt. “Our teams skillfully managed through port and rail disruptions in Canada, while successfully navigating natural disasters and power infrastructure challenges in Cuba. We implemented strategic adjustments, including opt...
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15.01.25 - 23:09
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Sherritt Provides Notice of Fourth Quarter and Full Year 2024 Results Conference Call (Business Wire)
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) will release its fourth quarter and full year 2024 results after market close on February 5, 2025. Senior management will host a conference call and webcast on February 6, 2025 at 10:00 am ET to review Sherritt's fourth quarter and full year 2024 financial and operational performance.
Dial-in and Webcast Details:
North America dial-in number:
1 (800) 717-1738 Passcode: 62973
International dial-in number:
1 (289) 514-5100 Passcode: 62973
Webcast and slide presentation:
www.sherritt.com
Please dial in 15 minutes before the start of the conference to secure a line and avoid delays. Alternatively, listeners will be able to access the conference call via the webcast available on Sherritt's website.
A copy of the webcast and replay of the conference call will b...
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