Sherritt International Corporation

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Canada & Ontario Toronto

181 Bay Street, Brookfield Place, 26th floor

+1 416 924-4551

www.sherritt.com

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Company Press Releases

Sherritt Announces Extension of the Early Consent Date to April 7 and Update on Noteholder Votes in Connection with its Transaction

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that, in order to provide holders (“Noteholders”) of the Corporation’s outstanding (i) 8.00% senior unsecured debentures due 2021, (ii) 7.50% senior unsecured debentures due 2023, and (iii) 7.875% senior unsecured notes due 2025 (collectively, the “Existing Notes”) with additional time to become entitled to receive early consent cash consideration (the “Noteholder Early Consent Cash Consideration”) as additional consideration...

Ad Hoc Committee Urges Sherritt International Corporation (TSX: S) to Confirm or Correct Disclosure Regarding Interim Voting Results

TORONTO, April 6, 2020 /CNW/ - The Ad Hoc Committee of Senior Unsecured Debentureholders (the "Ad Hoc Committee") of Sherritt International Corporation (TSX: S) (the "Company") today questioned the accuracy and completeness of the disclosure provided by the Company in respect of the interim voting results announced by the Company earlier today. According to the Company, as at the end of Friday, April 3, 2020, approximately CAD$340 million of Existing Notes have been voted in respect of the Company's arrangement sought pursuant to Section 192 of the Canada Business C...

Sherritt Announces 7-Day Extension of the Early Consent Date in Connection with its Transaction

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that, in connection with its previously announced transaction (the “Transaction”) to be implemented pursuant to a corporate plan of arrangement (“Plan of Arrangement”) under the Canada Business Corporations Act (the “CBCA”), in order to provide holders (“Noteholders”) of the Corporation’s outstanding (i) 8.00% senior unsecured debentures due 2021, (ii) 7.50% senior unsecured debentures due 2023, and (iii) 7.875%...

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