TORONTO, ON –(Marketwired – May 10, 2016) –
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX: S) today announces the voting results of the Annual and Special Meeting of Shareholders held earlier today. Total shares represented in person or by proxy were 116,863,565 or 39.77% of shares issued and outstanding. Voting for the eight individual members of the Board of Directors was as follows:
| Total Votes | Total Votes | |||
| Nominee | For | % for | Withheld | % withheld |
| Harold (Hap) | 100,292,011 | 88.86 | 12,567,391 | 11.14 |
| Stephen | ||||
| Timothy Baker | 101,018,172 | 89.51 | 11,841,230 | 10.49 |
| R. Peter Gillin | 96,958,940 | 85.91 | 15,900,462 | 14.09 |
| Sir Richard | 100,206,676 | 88.79 | 12,652,726 | 11.21 |
| Lapthorne | ||||
| Adrian Loader | 100,065,203 | 88.66 | 12,794,199 | 11.34 |
| Edythe A. (Dee) | 100,210,345 | 88.79 | 12,649,057 | 11.21 |
| Marcoux | ||||
| Lisa Pankratz | 100,265,908 | 88.84 | 12,593,494 | 11.16 |
| David V. Pathe | 101,158,464 | 89.63 | 11,700,938 | 10.37 |
The other motions at the meeting, being the re-appointment of the external auditor, non- binding advisory resolution known as “Say on Pay,” continuance under the Canada Business Corporations Act (CBCA) and adoption of new by-law #1 under the CBCA, were all approved.
The full Report of Voting Results has been filed on SEDAR at www.sedar.com.
About Sherritt
Sherritt is the world leader in the mining and refining of nickel from lateritic ores with operations in Canada, Cuba and Madagascar. The Corporation is the largest independent energy producer in Cuba, with extensive oil and power operations across the island. Sherritt licenses its proprietary technologies and provides metallurgical services to mining and refining operations worldwide. The Corporation’s common shares are listed on the Toronto Stock Exchange under the symbol “S”
Source: Sherritt Investor Relations
For further information, please contact:
Investor Relations Telephone:
416-935-2451
Toll-Free: 1-800-704-6698
www.sherritt.com
Email: investor@sherritt.com
www.sherritt.com