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Sherritt to Acquire a Controlling Interest in Sulawesi Nickel

Dec. 1 (Bloomberg) -- Sherritt International Corp. said it has executed an earn-in and shareholders agreement with a subsidiary of Rio Tinto Ltd. in which Sherritt will acquire an interest in the Sulawesi Nickel Project in Indonesia. Sherritt will acquire a controlling 57.5 percent equity interest in the holding company that owns the Sulawesi Project.

Link to Statement:{NSN LCR3723PWT1D <GO>}

Link to Company News:{RIO LN <Equity> CN <GO>} Link to Company News:{S CN <Equity> CN <GO>}

To contact the editor responsible for this story: Steven Fromm at sfromm@bloomberg.net

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