Sherritt No Longer Proceeding With Cuba JV Dissolution (1)

(Updates with more details throughout.)

Sherritt International says it is no longer proceeding with the dissolution and disclaimer steps relating to its interests in Cuba.

• Will not proceed with its application to the Alberta Court of King’s Bench
• Co. maintains its suspension of direct participation in JV activities in Cuba
  • Will continue to work to implement steps to address the executive order as soon as practicable
  • NOTE: On May 1, Trump Ramps Up Pressure on Cuba With Fresh Sanctions Push
• Co. has also been presented on a preliminary basis with a potential value preserving opportunity; it is working closely with ...