Previous Close | 0.3300 |
Open | 0.3300 |
Bid | 0.3150 x 0 |
Ask | 0.3200 x 0 |
Day's Range | 0.3175 - 0.3300 |
52 Week Range | 0.2600 - 0.5800 |
Volume | |
Avg. Volume | 272,566 |
Market Cap | 131.105M |
Beta (5Y Monthly) | 1.66 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.1500 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jun 26, 2015 |
1y Target Est | 0.65 |
TORONTO, April 23, 2024--Sherritt International Corporation ("Sherritt" or the "Corporation") (TSX:S) today issued the following statement in response to misleading information announced by SC2 Inc. ("SC2") on April 22, 2024 in connection with its mini-tender offer to purchase up to 21,621,621 common shares or approximately 5% of the issued and outstanding shares of Sherritt at a price of $0.37 per common share (the "Offer"), announced on April 8, 2024 and amended on April 11, 2024.
SC2 Inc. ("SC2") announces that one of its affiliates has provided advance notice to Sherritt International Corporation ("Sherritt") of its intention to nominate Mark Plamondon (the "Nominee") for election to Sherritt's board of directors at the annual meeting of shareholders scheduled for May 9, 2024 (the "Meeting"). At the Meeting, SC2 intends to vote FOR the election of the Nominee.
SC2 Inc. ("SC2") is pleased to announce that 16,899,224 common shares of Sherritt International Corporation (TSX: S) ("Sherritt"), representing 4.25% of the Sherritt public float, have already been tendered to the previously announced offer by SC2 to purchase up to 21,621,621 common shares of Sherritt, at a price of $0.37 per common share (the "Offer").