Sherritt International ( (TSE:S) ) has provided an announcement.
Sherritt International Corporation has announced significant support from its noteholders for a transaction aimed at extending the maturities of its note obligations and strengthening its capital structure. With overwhelming approval from both senior secured and junior noteholders, the transaction under the Canada Business Corporations Act is poised to enhance Sherritt’s financial stability, potentially impacting its operations and market positioning positively.
More about Sherritt International
Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt.
YTD Price Performance: -9.38%
Average Trading Volume: 341,549
Technical Sentiment Signal: Buy
Current Market Cap: C$57.61M
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