Sherritt Announces Non‑Brokered Private Placement for up to $50 Million
· Financial Post
TORONTO -- Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced that it has agreed with certain new and existing shareholders of the Corporation to complete a non‑brokered private placement of common shares of Sherritt (“Common Shares”) for aggregate gross proceeds of up to $50 million (collectively, the "Private Placement"). As part of the Private Placement, Seymour Schulich, through a corporation controlled by him, has agreed to subscribe for up to 68,600,000 Common Shares for aggregate gross proceeds of up to $14,406,000. Read More
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