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.

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Sherritt International Corp > John David’s question

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Comment by FCPladyon Nov 03, 2022 10:11pm

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Post# 35071838

RE:RE:RE:RE:RE:RE:John David’s question

Details are spread out over a couplle of places.

Start with note 18 in the share based compensation in the Q4 report. They granted approx 46M RS, PS and DS units at $0.14 and $0.17 at those 'strike prices' the cash payment is about $6.5M. At today's close that would result in a cash payment of about $20M.

I thought it was inappropriate for the caller to bring it up on today's call. The payment plan can't be changed and it's a waste of time worrying about it.

S has bigger fish to fry.

rkhosla wrote: Thank you. Is it the end if February? I seem to recall they were issued in Febuary and vest 3 years later. Can you please provide some details in terms of how they work? Are they worthless below a certain SP? Where can i find this info? I just scanned the last AGM materiel but if its there, for me it is burried too deep.

Contrarian333 wrote: Q1 2023