Edition:
United Kingdom

Sherritt International Corp (S.TO)

S.TO on Toronto Stock Exchange

0.73CAD
12 Oct 2018
Change (% chg)

-- (--)
Prev Close
$0.73
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
752,988
52-wk High
$1.87
52-wk Low
$0.73

Latest Key Developments (Source: Significant Developments)

Sherritt International Corp Q2 Net Earnings Per Share Of C$0.01
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Sherritt International Corp ::SHERRITT REPORTS SECOND QUARTER 2018 RESULTS.Q2 NET EARNINGS PER SHARE OF C$0.01 .Q2 EARNINGS PER SHARE VIEW C$-0.01 -- THOMSON REUTERS I/B/E/S.QTRLY REVENUE C$46.5 MILLION VERSUS C$76.8 MILLION.QTRLY COMBINED REVENUE C$201.1 MILLION VERSUS C$231.0 MILLION.  Full Article

Sherritt International Reports Q2 Loss Per Share Of C$0.35
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Sherritt International Corp ::SHERRITT REPORTS SECOND QUARTER 2018 RESULTS.Q2 LOSS PER SHARE C$0.35.Q2 EARNINGS PER SHARE VIEW C$-0.01 -- THOMSON REUTERS I/B/E/S.QTRLY REVENUE $46.5 MILLION VERSUS $76.8 MILLION.  Full Article

Sherritt Reports Q1 Revenue $39.4 Mln
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Sherritt International Corp ::SHERRITT REPORTS FIRST QUARTER 2018 RESULTS.SHERRITT INTERNATIONAL CORP - QTRLY NET LOSS FROM CONTINUING OPERATIONS PER SHARE $0.00.SHERRITT INTERNATIONAL CORP - QTRLY REVENUE $39.4 MILLION VERSUS $72.4 MILLION.  Full Article

Sherritt Announces Pricing Of $115 Million Unit Offering
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Sherritt International Corp ::SHERRITT ANNOUNCES PRICING OF $115 MILLION UNIT OFFERING.SHERRITT INTERNATIONAL CORP - ‍PRICING AND INCREASE IN SIZE OF ITS PREVIOUSLY ANNOUNCED UNIT OFFERING OF $100 MILLION TO $115 MILLION​.SHERRITT INTERNATIONAL SAYS OFFERING WILL BE COMPRISED OF 82.1 MILLION UNITS ISSUED AT A PRICE OF $1.40 PER UNIT.  Full Article

Sherritt Announces Dutch Auction To Purchase Up To $75 Mln Of Outstanding Debentures
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Sherritt International Corp ::SHERRITT ANNOUNCES DUTCH AUCTION TO PURCHASE UP TO $75 MILLION OF OUTSTANDING DEBENTURES.SHERRITT INTERNATIONAL CORP - COMMENCEMENT OF AN OFFER TO PURCHASE FOR CASH ITS OUTSTANDING 8.0% SENIOR UNSECURED DEBENTURES DUE 2021, AMONG OTHERS.  Full Article

Sherritt Announces 2017 Production Results And Guidance For 2018
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Sherritt International Corp ::SHERRITT ANNOUNCES 2017 PRODUCTION RESULTS AND GUIDANCE FOR 2018.SHERRITT INTERNATIONAL CORP - NICKEL PRODUCTION AT MOA JV FOR 2018 IS FORECASTED AT BETWEEN 31,500 TONNES AND 32,500 TONNES ON A 100% BASIS.SHERRITT INTERNATIONAL CORP - COBALT PRODUCTION AT MOA JV FOR 2018 IS FORECASTED AT BETWEEN 3,500 AND 3,800 TONNES ON A 100 PCT BASIS.SHERRITT INTERNATIONAL - SEES 2018 TOTAL CAPITAL SPENDING $94 MILLION.SHERRITT INTERNATIONAL CORP - NET DIRECT CASH COSTS AT MOA JV ARE FORECASTED AT BETWEEN $2.50 AND $3.00 PER POUND OF FINISHED NICKEL.SHERRITT INTERNATIONAL - POWER UNIT FORECASTED TO PRODUCE BETWEEN 750 - 800 MEGAWATT HOURS OF ELECTRICITY IN 2018.  Full Article

Sherritt Provides Update On Impact Of Cyclone Ava On Its Ambatovy Operations
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Sherritt International Corp ::SHERRITT PROVIDES UPDATE ON THE IMPACT OF TROPICAL CYCLONE AVA ON ITS AMBATOVY OPERATIONS.SHERRITT INTERNATIONAL - ‍PRELIMINARY REVIEW IDENTIFIED DAMAGE TO EQUIPMENT IS EXPECTED TO DELAY RESTART IN PRODUCTION UNTIL END OF JAN.SHERRITT INTERNATIONAL CORP - ALSO, DAMAGE INCURRED BY ACID PRODUCTION FACILITIES WILL NECESSITATE REPAIRS THAT WILL AFFECT PACE OF PRODUCTION RAMP UP.  Full Article

Sherritt Provides Update On Its Oil And Gas Operations
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Sherritt International Corp ::SHERRITT PROVIDES UPDATE ON ITS OIL AND GAS OPERATIONS.SHERRITT INTERNATIONAL CORP - HAS EXTENDED TIMETABLE FOR ITS CURRENT ACTIVITIES ON BLOCK 10 TO Q1 OF 2018.SHERRITT INTERNATIONAL - NEGOTIATIONS ARE IN PROGRESS WITH CUBAPETROLEO S.A. TO EXTEND PRODUCTION SHARING CONTRACT FOR PUERTO ESCONDIDO & YUMURI PSC.  Full Article

Sherritt International reports fatality at power generation operations
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Sherritt International Corp ::Sherritt reports fatality at its power generation operations.Sherritt has initiated an investigation and is working with local authorities to determine cause of accident​.Announces death of an employee at Energas SA power generation operations in Cuba due to apparent electrocution​.  Full Article

Sherritt and Partners sign definitive agreement to restructure Ambatovy joint venture
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Sherritt International Corp :Sherritt and Partners sign definitive agreement to restructure Ambatovy joint venture.Sherritt International Corp - Will eliminate $1.3 billion (at September 30, 2017) in Ambatovy JV additional partner loans from its balance sheet​.Sherritt International - ‍Sherritt will eliminate $1.3 billion (at Sept 30, 2017) in Ambatovy joint venture additional partner loans from balance sheet​.Sherritt International - Co's outstanding partner loans of $101 million due 2023 (at September 30, 2017) will continue to be secured by co's 12% interest​.Sherritt International- ‍Agreement to restructure its Ambatovy JV will result in transfer by Sherritt of 28% interest in JV.Sherritt International Corp - ‍Sherritt will regain voting rights and certain other rights that were suspended when it ceased funding as part of deal​.Sherritt International - ‍Agreement to restructure its Ambatovy JV will also eliminate related debt from Sherritt's balance sheet.Sherritt International - Co to cover deal, closing costs, including financial, legal advisory fees, applicable taxes & corporate restructuring costs​.Sherritt International - Expects to make additional payment of about $13 million to cover potential future funding requirements of Ambatovy joint venture​.Sherritt International Corp - ‍As part of deal, Sherritt will resume funding for its 12% interest retroactively to end of 2015​.  Full Article

Sumitomo says Ambatovy to miss FY18/19 nickel output target of 48,000 T

TOKYO, Aug 3 Japanese trading house Sumitomo Corp expects that nickel output at its Ambatovy project in Madagascar will likely fall short of its earlier target of 48,000 tonnes in the year to March 2019, its chief financial officer said on Friday.