BRIEF-Sherritt Provides Further Update On Activities In Cuba Announces Non-Binding Term Sheet And Positive Engagement With Department Of State

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May 20 (Reuters) - Sherritt International Corp S.TO:

  • SHERRITT PROVIDES FURTHER UPDATE ON ACTIVITIES IN CUBA; ANNOUNCES NON-BINDING TERM SHEET AND POSITIVE ENGAGEMENT WITH DEPARTMENT OF STATE

  • SHERRITT INTERNATIONAL CORP - ENTERS NON-BINDING TERM SHEET WITH GILLON CAPITAL FOR PRIVATE PLACEMENT

  • SHERRITT INTERNATIONAL CORP - WARRANT EXERCISABLE FOR UP TO 55% OF SHERRITT COMMON SHARES

  • SHERRITT INTERNATIONAL CORP - U.S. DEPARTMENT OF STATE AND TREASURY DO NOT OBJECT TO GILLON CAPITAL NEGOTIATIONS

Source text: ID:nBw7VJpwMa

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