Sherritt International Warns on Trading After Executive Departures
Sherritt International has issued a warning on its trading performance following the departure of its external auditor and finance chief.
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Sherritt International has issued a warning on its trading performance following the departure of its external auditor and finance chief.

Canadian companies, particularly those with major operations in Cuba's tourism and mining sectors like Sunwing and Sherritt International, are confronting unprecedented risks due to impending changes and an ongoing energy crisis exacerbated by a US oil blockade.

Canadian mining company Sherritt International has withdrawn from its joint venture in Cuba, citing concerns over expanded U.S. sanctions. The move, which specifically impacts a nickel operation, led to a significant drop in the company's share price.
Sherritt International has announced plans to raise $50 million through a non-brokered private placement.