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September 14, 2011
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Sherritt Announces Appointment of New Director
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TORONTO, ONTARIO--(Marketwire - Sept. 14, 2011) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Sherritt International Corporation (TSX:S) today announced the appointment of Sir Richard Lapthorne as Director, effective immediately.
Sir Richard has been Chairman of Cable and Wireless plc since January 2003, and, following the demerger of Cable & Wireless Worldwide Plc, he continues as Chairman of Cable & Wireless Communications Plc. He also serves as Chairman of the PwC Public Interest Body.
Sir Richard has served in various capacities, including in many cases as Chairman, on the Board of diverse, international organizations including New Look, the McLaren Group, Amersham International plc, Robert Fleming (the merchant bank), Oasis International Leasing in Abu Dhabi, Avecia (spun off from Astra Zeneca), TI Automotive (spun off from Smiths Group), Tunstall, Morse plc and Arlington Securities. In addition to his Board service, he has had a distinguished executive career at Unilever, Courtaulds plc and British Aerospace. Sir Richard was awarded a Knight Bachelor in the Queen's New Year Honours in December 2009.
Ian W. Delaney, Chairman and CEO of Sherritt said, "Sir Richard's outstanding strategic capabilities and highly-focused financial orientation will fit well with Sherritt's Board. He will be a valuable addition to the Board and its collaboration with Sherritt's management team."
About Sherritt
Sherritt is a world leader in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, Indonesia and Madagascar. The Corporation is the largest coal producer in Canada and 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".
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CONTACT INFORMATION:
Investor inquiries:
416.935.2451
Toll-free: 1.800.704.6698
investor@sherritt.com
or
Media inquiries:
416.935.2421
communications@sherritt.com
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INDUSTRY: Energy and Utilities - Coal, Energy and Utilities - Oil and Gas , Manufacturing and Production - Mining and Metals
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