Sherritt International Corp.

Sherritt International Corp. : Sherritt International Corp. regrets to announce the death of an employee at the Energas S.A. power generation operations in Cuba due to an apparent electrocution while completing maintenance activities. “We are deeply saddened by the news and have extended our condolences to the employee’s family, friends and co-workers,” said David Pathe, President and CEO of Sherritt [...]

Sherritt International Corp. : Sherritt International Corp. today announced the signing of a definitive agreement to restructure its Ambatovy Joint Venture with Sumitomo Corporation and Korea Resources Corporation that will result in the transfer by Sherritt of a 28% interest in the Joint Venture and the elimination of related debt from Sherritt’s balance sheet consistent with the previously announced agreement in [...]

TORONTO, June 22, 2017 /CNW/ - Karen Trenton, Senior Vice President, Human Resources, Sherritt International Corp. (S), joined Ungad Chadda, President, Capital Formation, Equity Capital Markets, TMX Group, to open the market to celebrate 90 years in operations, and 21 years listed on Toronto Stock Exchange. Sherritt is a resource company focused on the mining and refining of nickel from lateritic ores with projects and [...]

Sherritt, the world leader in the mining and refining of nickel from lateritic ores, today reported its financial results for the three months ended March 31, 2017. "During the quarter, our nickel, oil and power operations all generated free cash flow(1), allowing us to repay another $20.5 million on our revolving credit facility, and still maintain a cash position of just over $300 million at quarter end," said David [...]

An archive of the webcast will also be available on the website. The conference call will be available for replay until May 2, 2017 by calling 647-436-0148 or 1-888-203-1112, access code 8738389#. The webcast along with the presentation slides will be available on Sherritt's website.

Sherritt today announces preliminary results for the exploration well Litoral-100 (LT-100) drilled directionally on the 261 km2 Block 10 Production Sharing Contract concession located in the Bay of Cárdenas, Province of Matanzas, Cuba. Prior to the commencement of drilling, the reprocessing of existing 3D seismic data for Block 10 revealed a second Veloz formation (the "Upper Veloz") in addition to the previously [...]

Sherritt today announces an extension to the waiver preventing Sherritt from becoming a defaulting shareholder for non-funding under the terms of the Shareholders Agreement between Sherritt and its Ambatovy Joint Venture partners, Sumitomo Corporation and Korea Resources Corporation. By agreement amongst the partners, the waiver has been extended to expire at the close of business on May 2, 2017.

Sherritt International the world leader in the mining and refining of nickel from lateritic ores, today reported its financial results for the year ended December 31, 2016. "This year was about sticking to our strategic priority of liquidity preservation, negotiating a three-year extension of maturities on our public debentures and entering into an Ambatovy lender agreement to defer principal payments for three years [...]

Sherritt today announces its metals, oil & gas, and power production results for 2016 and 2017 guidance as follows: Nickel production is forecast to increase in 2017, especially in the Ambatovy Joint Venture where full year production rates are expected to be in line with fourth quarter 2016 performance. 2016 Unit Operating Costs and capital spending will be provided in the fourth quarter and year end 2016 financial [...]

An archive of the webcast will also be available on the website. The conference call will be available for replay until February 22, 2017 by calling 647-436-0148 or 1-888-203-1112, access code 3172353#. The webcast along with the presentation slides will be available on Sherritt's website.