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 [...]
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 [...]
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 [...]
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 [...]
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 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 [...]
Sherritt International Corp. : Sherritt International Corp. today announced the commencement of an 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 for a targeted aggregate principal amount of up to $75 million . The [...]
Sherritt International Corp. : Sherritt International Corp. today announced a proposed $100 million offering of units . Each unit shall consist of one common share and one-half of one common share purchase warrant linked to the price of cobalt . Each Cobalt-Linked Warrant will be exercisable to acquire between 1.00 and 1.25 common shares of [...]
Sherritt International Corp. : Sherritt International Corp. today announced its 2017 production results and provided guidance for expected production, unit costs and capital spending in 2018. All amounts are in US dollars, unless otherwise noted. Highlights Finished nickel and cobalt production at Sherritt’s Moa Joint Venture was 31,523 [...]
Sherritt International Corp. : Sherritt International Corp. today announced that a preliminary review of the facilities of the Ambatovy Joint Venture in Madagascar in the wake of Tropical Cyclone Ava, a Category 2 hurricane equivalent storm, has been completed. All Ambatovy personnel have been safely accounted for following the storm and Ambatovy [...]
Sherritt International Corp. : Sherritt International Corp. today announced that it has extended the timetable for its current activities on Block 10 to the first quarter of 2018. The decision allows the Company to evaluate drilling results completed to date and determine its best option to reach the target Lower Veloz reservoir, in which a [...]
Sherritt International Corp. : Sherritt International Corp. today announced that it has successfully closed its previously announced transaction to restructure its Ambatovy Joint Venture with Sumitomo Corporation and Korea Resources Corporation. Consistent with terms previously disclosed, Sherritt has transferred a 28% interest in the Joint [...]