Sherritt Announces Appointment of New Director

TORONTO, ONTARIO--(Marketwired - Nov. 13, 2013) -

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Sherritt International Corporation (TSX:S) today announced the appointment of Ms. Lisa Pankratz, CPA, FCA, CFA as Director, effective immediately.

Ms. Pankratz has over 28 years experience in the investment industry and capital markets in both executive and advisory capacities working with multinational and international companies. For over 12 years, she has also served as a board member of corporations in the financial services and global media industries.

Ms. Pankratz currently serves on the boards of IA Clarington Investments Inc. and the Canadian Museum for Human Rights. She also serves as an advisor to the Investment and Loan Committees of Pacific Blue Cross and BC Life & Casualty Company.

David Pathe, President and CEO of Sherritt said, "Lisa is a seasoned executive and corporate director whose skills and experience will serve as a strong complement to the existing strengths of our Board."

Sherritt's Board of Directors is now composed of nine members, including eight independent directors who possess a diverse range of perspectives and experience in the mining and energy industries, business, finance and accounting.

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 thermal coal producer in Canada and is the largest independent energy producer in Cuba, with extensive oil and power operations on 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".