Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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 through hydrometallurgical processes. 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. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Company’s Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.

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Sherritt International Corp

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Comment by NiN777on Apr 06, 2020 9:39am

153 Views

Post# 30882331

RE:Extension of the Early Consent Date to April 7

They way its phrased is misleading. They make it sounds like, "if the trend continues" it will go through and we're extending the "early cash BS bonus out of sheer generosity". They have 30% voted in favor 2 days before the deadline, GAME OVER.

thegov wrote: As at the end of Friday, April 3, 2020, 66.5% of the votes cast in respect of the Existing Notes have been cast in favour of the approval of the Plan of Arrangement. In aggregate, approximately $340 million of Existing Notes have been voted in respect of the Plan of Arrangement at the end of Friday, April 3, 2020. (There's 733 million total).

So they're 1/2 million short on the votes so far. So they're extending again.
All depends whether the big no voters have already voted.

Thooughts?