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    Brief: Ad Hoc Group Evaluates New Capital Sources, Provides Sherritt Emergency Financing Term Sheet

    Picture of Sherritt International (Toronto) logoSherritt International (Toronto)
    17/07/2026 18:33
    BRIEF-Ad Hoc Group Evaluates New Capital Sources, Provides Sherritt Emergency Financing Term Sheet
    July 17 (Reuters) - Ad Hoc Group:
    • AD HOC GROUP: DOES NOT BELIEVE PROPOSED DEAL INVOLVING GILLON CAPITAL SHOULD BE VIEWED AS ONLY AVAILABLE OR MOST EXECUTABLE PATH FORWARD FOR SHERRITT
    • AD HOC GROUP: REVIEWED AN ALTERNATIVE RECAPITALISATION PROPOSAL THAT HAS BEEN SUBMITTED TO SHERRITT
    • AD HOC GROUP: EVALUATING POTENTIAL SOURCES OF NEW CAPITAL & HAS PROVIDED SHERRITT WITH EMERGENCY FINANCING TERM SHEET
    Source text: ID:nCNWZkMVVa

     ((Reuters.Briefs@thomsonreuters.com;))

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