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Bullboard - Stock Discussion Forum Sherritt International Corp SHERF


Primary Symbol: T.S

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance... see more

TSX:S - Post Discussion

Sherritt International Corp > Share purchase!
View:
Post by llesage on Apr 08, 2024 10:13pm

Share purchase!


BRIEF-Sherritt International Corp to purchase up to 21.6 mln common shares of Sherritt International Corp at a price of $0.37 per common share
Comment by Albatross on Apr 08, 2024 11:14pm
So somebody is wanting to get value... this is getting interesting 
Comment by Albatross on Apr 08, 2024 11:15pm
Who is SC2 inc?
Comment by Albatross on Apr 08, 2024 11:18pm
As a result of the Offer, shareholders will receive immediate liquidity at a premium to the current trading price of the common shares. SC2 believes that, in the absence of a motivated large shareholders, it seems unlikely that Sherritt's performance will improve. SC2 is prepared to take an active role in ensuring the future success of Sherritt, for the benefit of all shareholders.  
Comment by Contrarian333 on Apr 09, 2024 5:55am
Seablinc is a major supplier to Sherritt!