Sherritt warns going-concern risk as recapitalization talks with lenders, noteholders continue

• Sherritt warned of constrained liquidity, citing a material uncertainty that may cast doubt on its ability to continue as a going concern.
• Restart funding needs increased as sulphur prices hit historic highs; financing talks continue with senior lenders, noteholders, governments, strategic and bridge sources.
• Exclusivity talks with Gillon Capital on a proposed private placement continued, with focus on Cuba operations, US sanctions, definitive documents, approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sherritt International Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607131108BIZWIRE_USPR_____20260713_BW547098) on July 13, 2026, and is solely responsible for the information contained therein.