TORONTO, ON --(Marketwired - December 15, 2016) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Sherritt International Corporation ("Sherritt") (TSX: S) is pleased to announce the appointment of Andrew Snowden as Senior Vice President & Chief Financial Officer effective January 1, 2017. Dean Chambers will remain as Executive Vice President to ensure a smooth transition prior to retiring from the company on March 31, 2017. Andrew will be based in Toronto and will provide leadership in all areas of financial management.

Andrew joined Sherritt in 2012 and progressed through a number of senior financial roles to his current position as Vice President, Finance. Prior to joining Sherritt, Andrew had 12 years' experience with Ernst & Young in the UK, Australia, and Canada specializing in public company reporting and complex accounting matters. Andrew is a Chartered Accountant, a member of the Institute of Chartered Professional Accountants of Ontario, and has a Bachelor of Science degree from the University of Durham in England.

"We are pleased to be in a position to promote from within for this role," said David Pathe, President and CEO of Sherritt International. "Andrew has demonstrated strong capabilities in financial management and leadership and will serve us well as he assumes this senior leadership role. I also want to recognize and thank Dean for his many contributions to Sherritt over the last 10 years, and for his commitment to ensuring this successful transition."

About Sherritt

Sherritt is the world leader in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and Madagascar. The Corporation 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".

Source: Sherritt Investor Relations