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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

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.


TSX:S - Post by User

Bullboard Posts
Post by skygardenon Apr 08, 2020 8:46am
183 Views
Post# 30889552

Postponement

Postponement Clearly they did not have the votes. 2020-04-08 08:03 ET - News Release An anonymous director reports SHERRITT ANNOUNCES CONTINUING DISCUSSIONS WITH KEY STAKEHOLDERS IN CONNECTION WITH ITS TRANSACTION AND POSTPONEMENT OF MEETINGS In connection with continuing discussions with key stakeholders in respect of Sherritt International Corp.'s transaction announced on Feb. 26, 2020, to be implemented pursuant to a corporate plan of arrangement under the Canada Business Corporations Act (the CBCA), the corporation is postponing its previously scheduled meeting of debtholders and meeting of shareholders. Sherritt believes that it is appropriate and in the best interests of the corporation to continue to work toward a consensual transaction for the benefit of all stakeholders. Sherritt will provide additional information with respect to the meetings in due course.
Bullboard Posts