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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Metals & Mining Copper
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

Sherritt International Corp > $60 mil debt retired for $45 mil cost no extension
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Comment by FCPladyon Jun 02, 2022 7:58am
87 Views
Post# 34725754

RE:RE:RE:RE:RE:RE:$60 mil debt retired for $45 mil cost no extension

RE:RE:RE:RE:RE:RE:$60 mil debt retired for $45 mil cost no extension This is why the dutch auction didn't make sense, IMO.  They coould have chipped away at the debt buying on the open market at lower prices instead of giving a premium. Bond prices got a lift through this tender but we'll now see them decline to their real market value.  Let's see how the shareprice reacts today.  Ni is now below $12.40.
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