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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

Post by rkhoslaon Apr 09, 2024 2:02pm
219 Views
Post# 35979508

Clarification. Can't vote your shares w/o paying

Clarification. Can't vote your shares w/o payingI am providing a quote below from the 14 page document on sedar.  The definition of "purchased sherritt shares" is also included in that document. It specifically says they have been paid for.. I'm not a lawyer, but by this read it sounds like I was incorrect in stating they can vote your shares without paying for them. See this quote:

 "The Sherritt Shareholder hereby appoints as its proxy and attorney-in-fact, Casey McKenzie, President of SC2, and any individual who shall hereafter succeed any such person, and any other person designated in writing by SC2, each of them individually, with full power of substitution and resubstitution, to vote or execute written consents with respect to the Purchased Sherritt Shares of the Sherritt Shareholder at any meeting of holders of relevant securities of Sherritt (whether annual, special or otherwise or any adjournment or postponement thereof). The Sherritt Shareholder (solely in its capacity as such) shall take such further action or execute such other instruments as may be necessary to effectuate the intent of this proxy. SC2 may terminate this proxy with respect to the Sherritt Shareholder at any time at its sole election by written notice provided to the Sherritt Shareholder."

 
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