Sherritt proposes $115 million share, purchase warrant offering tied to physical cobalt price

Sherritt International has proposed a $115 million offering of shares and share purchase warrants tied to the price assessments of the physical, spot cobalt market published by Metal Bulletin.

Each unit in the offering comprises one common share and one half of a common share purchase warrant tied to an “applicable cobalt reference price,” the Canada-based cobalt and nickel...


Charlotte Radford

January 19, 2018

18:00 GMT