SC2 Inc. is pleased to announce that 16,899,224 common shares of
Sherritt International Corp. , representing 4.25% of the Sherritt public float, have already been tendered to the previously announced offer by SC2 to purchase up to 21,621,621 common shares of Sherritt, at a price of $0.37 per common share . Only 4,722,397 common shares remain available for purchase under the Offer, which expires on May 3, 2024. SC2 expects to take up and pay for all the common shares tendered to the Offer no later than May 7, 2024. If more than the maximum number of common shares for which the Offer is made are delivered in accordance with the Offer and not withdrawn at the time of take up of the common shares, the common shares to be purchased from each depositing shareholder will be determine...