Sherritt International Corporation

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced that it has entered into a collaboration agreement (the “Agreement”) with Pala Assets Holdings Limited (“Pala”). Under the terms of the Agreement, Pala has withdrawn its requisition for a special meeting of shareholders, agreed to customary standstill and voting covenants, and Sherritt has made certain board and committee changes that will support the leadership transition and execution of strategy. The Agreement provides that Pala will observe...

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced that Leon Binedell has stepped down as Sherritt’s President and Chief Executive Officer and as a director of the Corporation, and that Dr. Peter Hancock has been appointed interim Chief Executive Officer, effective immediately. Since his appointment in June 2021, Mr. Binedell has guided Sherritt through one of its most challenging periods and overseen progress on several key strategic initiatives, including the expansion of the Moa Joint Venture, implementation of t...

Pala Believes CEO Leon Binedell and Former Lead Independent Director Shelley Brown Must be Held Accountable and Replaced  Binedell and Brown have Presided over Years of Persistent Underperformance and Destruction of Shareholder Value Board’s Reactive and Piecemeal Governance Window-Dressing Does Nothing to Address Sherritt’s Core Management and Leadership Failure or its Deteriorating Operational Performance Sherritt is Plagued by Governance and Operational Failures and Urgent Action is Required to Preserve and Maximize Shareholder Value TORONTO, Nov. 25, 2025 (...