Latest news with #SherrittInternational
National Post
07-08-2025
- Business
- National Post
Sherritt Releases its 2024 Sustainability Reports
Article content TORONTO — Sherritt International Corporation ('Sherritt' or the 'Corporation') (TSX: S) is pleased to announce the release of its 2024 Sustainability Disclosures, including its Annual Sustainability Report, Climate Report, Tailings Management Report and Sustainability Scorecard outlining the Corporation's performance on environmental, social, and governance ('ESG') matters. Article content 'Sustainability is fundamental to our business, to our social license to operate in our host communities and countries and to our valued customers and other stakeholders,' said Leon Binedell, Executive Chairman, President and CEO of Sherritt. 'Our 2024 reports showcase how we are elevating our performance across health and safety, environmental stewardship and responsible production and supply. In 2024, we embarked on a thorough review of our sustainability vision. We refreshed our near-term targets, updated our long-term goals and ensured our sustainability strategy is aligned with the feedback from our partners, customers, communities, and investors. This process has strengthened our resolve to deliver lasting value to all our stakeholders and I am proud to affirm our progress as we mark another milestone year in our sustainability journey. We encourage our stakeholders to review these reports, as your insights and perspectives help shape and drive our shared goals.' Article content Highlights from Sherritt's 2024 sustainability reports include: Article content Health and Safety Health and safety remains Sherritt's highest priority. In 2024, far-reaching enhancements to safety practices and policies were implemented. A series of safety strategy sessions were completed with each operation to create a multi-year roadmap for continued safety enhancements with an initial focus on felt leadership, supervisor training, contractor safety protocols and learning and development to strengthen safety culture and promote safe workplace behaviours at all operations. Article content Environmental Stewardship Sherritt has a strong environmental management system that is designed to align with global standards, comply with regulatory requirements and maintain the Corporation's social license to operate. In 2024, Sherritt commenced the Moa JV's low-capital-intensity tailings project. The project, expected to be completed in late 2026, will be engineered and built to international standards and deliver an environmentally responsible tailings solution that will last for the entirety of the mine's estimated 25 year life. Work also continued to identify climate-related risks and opportunities and to develop effective mitigation and management strategies aimed at reducing risk and capitalizing on emerging opportunities. Among the key actions undertaken were completing a climate risk and opportunity assessment for Energas S.A. as well as establishing baseline energy and greenhouse gas ('GHG') emissions assessments for Moa Nickel S.A. and Sherritt's operations in Fort Saskatchewan. These initiatives yielded several findings with the potential to lower GHG emissions intensity, reduce operating costs and enhance compliance with customer requirements. Article content Responsible Production and Supply Sherritt continues to demonstrate its commitment to ethical and responsible production, supply and sourcing practices aligning with internationally-recognized industry frameworks. Sherritt achieved a self-assessed Level A in all of The Mining Association of Canada's Towards Sustainable Mining protocols at Sherritt's operations in Fort Saskatchewan and confirmed independent validation of its conformance with the London Metal Exchange's Track B responsible sourcing requirements. Sherritt completed a comprehensive risk assessment of its mineral supply chain against Organization for Economic Co-operation and Development (OECD) standards, identifying no significant risks, and advanced its Indigenous Relations and Reconciliation Road Map, strengthening its commitment to meaningful partnerships with Indigenous communities. As a result of work that began in 2024, Sherritt also became a Participant of the Copper Mark as the Corporation aims to obtain The Nickel Mark award for the refinery facilities in Fort Saskatchewan in the future. Article content Sherritt's 2024 Sustainability Report, Climate Report, Tailings Management Report and Sustainability Scorecard are available on Sherritt's website at Article content Sherritt's 2024 Sustainability Report and Sustainability Scorecard were prepared with reference to the Global Reporting Initiative's (GRI) and Sustainability Accounting Standards Board (SASB) disclosure standards. Article content About Sherritt Article content Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition. Sherritt's Moa Joint Venture has a current estimated mine life of 25 years and has embarked on an expansion program focused on increasing annual mixed sulphide precipitate production by 20% of contained nickel and cobalt. The Corporation's Power division, through its ownership in Energas S.A., is the largest independent energy producer in Cuba with installed electrical generating capacity of 506 MW, representing approximately 10% of the national electrical generating capacity in Cuba. The Energas facilities are comprised of two combined cycle plants that produce low-cost electricity from one of the lowest carbon emitting sources of power in Cuba. Sherritt's common shares are listed on the Toronto Stock Exchange under the symbol 'S'. Article content FORWARD-LOOKING STATEMENTS Article content Certain statements and other information included in this press release constitute 'forward-looking information' or 'forward-looking statements' (collectively, 'forward-looking statements') under applicable securities laws (such statements are often accompanied by words such as 'anticipate', 'forecast', 'expect', 'believe', 'may', 'will', 'should', 'estimate', 'intend' or other similar words). All statements in this press release, other than those relating to historical information, are forward-looking statements, including, but not limited to, statements regarding strategies, plans and estimated production amounts resulting from expansion of mining operations at the Moa Joint Venture; the anticipated completion and expected benefits of the Moa Joint Venture tailings project; potential GHG emission reductions; cost savings from identifying climate-related risks and opportunities; and the Corporation's goal to obtain The Nickel Mark award. The Corporation cautions readers of this press release not to place undue reliance on any forward-looking statement as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. The key risks and uncertainties should be considered in conjunction with the risk factors described in the Corporation's other documents filed with the Canadian securities authorities, including without limitation the 'Managing Risk' section of the Management's Discussion and for the three and six months ended June 30, 2025 and the Annual Information Form of the Corporation dated March 24, 2025 for the period ending December 31, 2024, which is available on SEDAR+ at Article content Article content Article content Article content Article content Contacts
Yahoo
31-07-2025
- Business
- Yahoo
Sherritt International Corp (SHERF) Q2 2025 Earnings Call Highlights: Navigating Challenges ...
Combined Revenue: $135.6 million, reflecting lower year-over-year performance due to decreased nickel revenue. Nickel Revenue: Declined due to a 15% decrease in average realized price and a 14% decrease in sales volumes. Cobalt Revenue: Increased with a 27% improvement in average realized price, offsetting marginally lower sales volume. Fertilizer Revenue: Lower due to timing of sales and decreased demand. Net Earnings from Continuing Operations: $10.4 million. Adjusted Net Loss from Continuing Operations: $25.6 million, excluding a $32.4 million gain from debt and equity transactions. Net Direct Cash Cost (NDCC): $5.27 per pound of nickel sold, an 8% decrease year over year. Nickel Production Guidance: Revised to 27,000 to 29,000 tons from 31,000 to 33,000 tons. Cobalt Production Guidance: Revised to 3,000 to 3,200 tons from 3,300 to 3,600 tons. Sustaining Capital Metals Guidance: Reduced from $35 million to $30 million. Tailing Facility Spending Guidance: Reduced from $40 million to $35 million. Available Liquidity in Canada: $45 million at the start of the quarter. Annualized Cost Savings: $20 million from new cost reduction measures. Warning! GuruFocus has detected 3 Warning Signs with SHERF. Release Date: July 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Sherritt International Corp (SHERF) effectively managed costs with an 8% year-over-year reduction in net direct cash costs. The company successfully closed debt and equity transactions, strengthening its capital structure and extending debt maturities. The Moa Joint Venture expansion is on track, with commissioning activities for phase two expected to complete in mid-August. Sherritt International Corp (SHERF) implemented significant cost reductions, expected to yield $20 million in annual savings. Cobalt revenue increased due to a 27% improvement in the average realized price, offsetting lower sales volumes. Negative Points Mixed sulfide production at Moa was lower than expected due to challenging operating conditions in Cuba. Nickel revenue declined year-over-year due to a 15% decrease in average realized price and a 14% decrease in sales volumes. The company revised its 2025 guidance for nickel and cobalt production downward due to operating challenges. Power production was lower due to operating in frequency control to support the Cuban National Grid and issues with a legacy gas well. Supply chain challenges and constraints in specialized labor availability contributed to increased maintenance downtime. Q & A Highlights Q: Can you elaborate on the impact of the challenging operating conditions in Cuba on your production targets? A: Leon Binedell, Executive Chairman, President and CEO, explained that the challenging conditions in Cuba, exacerbated by renewed US pressure, have led to lower mixed sulfide production at Moa. This has impacted their ability to meet production targets, prompting the formation of a task force to implement a recovery plan with Cuban partners. Q: What measures are being taken to address the low nickel price environment? A: Yasmin Gabriel, Chief Financial Officer, mentioned that Sherritt has implemented significant cost reduction measures expected to yield $20 million in annual savings. This is in addition to previous cost-saving initiatives, reflecting the company's proactive approach to managing market conditions. Q: How is the Moa Joint Venture expansion progressing? A: Elvin Saruk, COO and Head of Cuban Operations, reported that the Moa JV expansion is on track, with commissioning activities for phase two scheduled for completion in mid-August. The ramp-up is expected to commence thereafter, with increased mixed sulfide production anticipated in the fourth quarter. Q: What is the status of the power business and its impact on operations? A: Elvin Saruk noted that the Varadero facility is operating in frequency control to support the Cuban national grid, which has reduced electricity production. However, Energas is fully compensated for this reduction, and a new gas well is expected to come online in September to offset decreased gas supply. Q: How has the financial performance been affected by current market conditions? A: Yasmin Gabriel highlighted that combined revenue was lower year over year, primarily due to a decrease in nickel revenue. Despite this, the company continues to pursue cost containment and operational efficiencies to improve adjusted EBITDA and maintain liquidity. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
The Market Online
30-07-2025
- Business
- The Market Online
Cuba challenges spur Sherritt to cut costs, revise guidance, and push Moa expansion
Cuban operational challenges prompted Sherritt to lower its full-year nickel and cobalt production guidance, despite progress on the Moa JV Phase Two expansion Debt restructuring reduced obligations by C$68 million and extended maturity to 2031, improving liquidity and cutting annual interest expenses by C$3 million Cost-cutting measures, including a 10 per cent workforce reduction in Canada, are expected to deliver C$20 million in annualized savings amid prolonged low nickel prices and a global slowdown in the EV supply chain Sherritt International stock (TSX:S) last traded at $0.14 Sherritt International Corp. (TSX:S) reported its financial and operational results for Q2 2025, a quarter marked by debt restructuring, operational headwinds in Cuba, and a renewed focus on cost efficiency. This content has been prepared as part of a partnership with Sherritt International Corp. and is intended for informational purposes only. Financial highlights Sherritt posted net earnings from continuing operations of C$10.4 million, or C$0.02 per share, while adjusted net loss stood at C$25.6 million, or C$(0.06) per share, primarily due to a C$32.4 million gain from recent debt and equity transactions. Adjusted EBITDA came in at C$2.6 million. The company successfully closed strategic transactions that reduced debt obligations by C$68 million, extended debt maturity to November 2031, and cut annual interest expenses by approximately C$3 million. Liquidity in Canada as of June 30 stood at C$45 million, including C$14.7 million in cash and C$30.3 million in available credit. Operational performance At the Moa Joint Venture (Moa JV), Sherritt's share of finished production totaled 3,431 tonnes of nickel and 389 tonnes of cobalt, with sales slightly lower at 3,256 tonnes and 380 tonnes, respectively. The net direct cash cost was USC$5.27/lb, benefiting from favorable by-product credits and reduced maintenance costs. Electricity production reached 176 GWh, with the Varadero facility continuing to support Cuba's national grid through frequency control operations. Despite gas supply challenges from a legacy CUPET well, a new well brought online in late 2024 and a replacement well expected in Q3 2025 are helping stabilize output. Revised guidance and expansion progress Due to ongoing challenges in Cuba and limited availability of profitable third-party feedstock, Sherritt revised its 2025 production guidance. Finished nickel production is now expected between 27,000–29,000 tonnes (down from 31,000–33,000), and cobalt between 3,000–3,200 tonnes (down from 3,300–3,600). Despite these setbacks, the Phase Two expansion of the Moa JV is entering its final commissioning stage, with ramp-up activities slated for the second half of 2025. The expansion includes the addition of a sixth leach train, expected to boost production capacity once operational. Cost reductions and tightening focus In response to prolonged low nickel prices and a subdued global EV supply chain outside China, Sherritt announced a 10 per cent workforce reduction across Canadian operations, targeting non-operating roles. These measures are projected to yield C$20 million in annualized savings, on top of the C$17 million saved through 2024 initiatives. Capital spending guidance was also adjusted: sustaining capital was reduced from C$35 million to C$30 million, and tailings facility spending was deferred from C$40 million to C$35 million, without affecting the overall project timeline. ESG and market positioning In May, Sherritt became a participant in the Copper Mark assurance framework, aiming to secure the Nickel Mark for its Fort Saskatchewan refinery. This move aligns with Sherritt's commitment to responsible production and its strategic positioning in the critical minerals sector. 'Extensive challenges within Cuba's operating environment spurred by the escalating U.S. policies against Cuba are continuing unabated, which have directly impacted our Cuban operations and particularly at Moa, resulting in lower than expected production of mixed sulphides,' the company's executive chairman, president and CEO, Leon Binedell said in a media statement. 'Sherritt has implemented mitigation strategies to protect our interests and operations in Cuba and has a history of overcoming these challenges in collaboration with our partners. We have confidence that we will overcome the current situation; however, it may take additional time to resolve these near-term challenges and to meet our full expansion potential at Moa.' About Sherritt Using hydrometallurgical processes to mine and refine nickel and cobalt, Sherritt International Corp. is engaged in the production of these high purity metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. Sherritt International stock (TSX:S) last traded at $0.14. While down 9.38 per cent since the year began, its stock is up 11.54 per cent since the end of May 2025. Join the discussion: Find out what everybody's saying about this stock on the Sherritt Bullboard, and check out Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
National Post
11-06-2025
- Business
- National Post
Sherritt Reports Shareholder Meeting Results, Board Appointments and Committee Updates
Article content TORONTO — Sherritt International Corporation ('Sherritt' or the 'Corporation') (TSX:S) today announced the voting results of its 2025 Annual and Special Meeting of Shareholders held June 10, 2025, the appointment of John Ewing to the Board of Directors (the 'Board'), the appointments of Leon Binedell as Executive Chairman and Shelley Brown as Lead Independent Director, respectively, and other governance updates. Article content Article content 2025 Annual and Special Meeting of Shareholders Voting Results Article content A total of 283,623,833 common shares or 57.15% of Sherritt's issued and outstanding common shares were represented in person or by proxy at the meeting. A majority of the votes were cast in favour of all items of business put forth at the meeting, including the re-appointment of Deloitte LLP as external auditors, amendments to the Corporation's stock option plan and the non-binding advisory resolution known as 'Say on Pay.' Article content Election of Directors Article content Each of the six director nominees standing for election was elected as a director of Sherritt to serve until the next annual general meeting of the company or until his or her successor is elected or appointed: Article content The full Report of Voting Results has been filed on SEDAR+ at Article content Director Appointment and Continued Commitment to Board Renewal Article content To fill the vacancy on the Board resulting from Sir Richard Lapthorne's retirement as announced on June 9, 2025, and consistent with the Corporation's ongoing commitment to good governance and Board renewal, following the meeting, the Board appointed John Ewing, bringing the total number of directors to seven. A biography for Mr. Ewing is provided below. Article content The Board intends to continue the Board renewal process with the appointment of at least one additional independent director, preferably with mining engineering expertise and the potential to assume a leadership position on the Board, by December 31, 2025. Article content All directors are independent within the meaning of applicable securities laws, other than Leon Binedell who also serves as President and CEO of the Corporation. John Ewing is the nominee of Sherritt shareholder Ewing Morris & Co. Investment Partners Ltd. ('Ewing Morris'), and Richard Moat is the nominee of Sherritt shareholder Kyma Capital Limited. Article content Board Leadership and Committee Updates Article content In connection with the reconstitution of the Board, the Corporation announces that Leon Binedell has been appointed Executive Chairman, following the retirement of former Chairman Sir Richard Lapthorne. Shelley Brown, an independent director of Sherritt since August 2024, has been named Lead Independent Director. Article content The Board committees have also been reconstituted to better align with the expertise of the new directors, including the appointment of Mr. Ewing to the Reserves, Operations and Capital Committee and Mr. Moat to the Audit Committee. Article content Additionally, the former HR Committee and the former Nominating and Corporate Governance Committee have been consolidated into a single committee. This streamlining reflects the Corporation's commitment to enhancing Board efficiency, while reducing management's administrative burden to support a greater focus on operational priorities. Article content Sherritt shareholders SC2 Inc. ('SC2') and Ewing Morris have expressed their alignment with the Corporation's ongoing Board renewal process and have committed to supporting Sherritt's director nominees through the 2026 annual meeting of shareholders. Article content 'I believe in Sherritt's potential,' said John Ewing, Sherritt Director and Co-Founder of Ewing Morris. 'I look forward to collaborating with my colleagues on the Board to help Sherritt achieve new milestones and deliver long-term value for all stakeholders.' Article content 'We are encouraged with the progress in Sherritt's Board renewal process,' said Casey McKenzie, President, SC2. 'We recognize the Corporation's potential and look forward to supporting management in driving continued improvements in performance.' Article content Leon Binedell, Sherritt Executive Chairman added: 'On behalf of Sherritt, I would like to thank Ewing Morris, SC2, and our broader shareholder base for their engagement and ongoing support. In addition, Sherritt and Seablinc look forward to re-establishing a normal commercial relationship. Over the past few years, we have worked with determination to position Sherritt for sustainable growth and value creation. I am confident that John will make valuable contributions to the Board and the Corporation as we continue to strengthen and build upon this foundation.' Article content About John Ewing Article content Mr. Ewing is Chief Investment Officer of Ewing Morris & Co. Investment Partners. He co-founded the firm in June 2011 with Darcy Morris. Mr. Ewing graduated with distinction from the University of Guelph with an Honours Bachelor of Science in Engineering degree and a Minor in Business Administration. Article content About Sherritt Article content Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition. Sherritt's Moa Joint Venture has an estimated mine life of approximately 25 years and is advancing an expansion program focused on increasing annual MSP production by 20% of contained nickel and cobalt. The Corporation's Power division, through its ownership in Energas, is the largest independent energy producer in Cuba with installed electrical generating capacity of 506 MW, representing approximately 10% of the national electrical generating capacity in Cuba. The Energas facilities are comprised of two combined cycle plants that produce low-cost electricity from one of the lowest carbon emitting sources of power in Cuba. Sherritt's common shares are listed on the Toronto Stock Exchange under the symbol 'S'. Article content FORWARD-LOOKING STATEMENTS Article content Certain statements and other information included in this press release constitute 'forward-looking information' or 'forward-looking statements' (collectively, 'forward-looking statements') under applicable securities laws (such statements are often accompanied by words such as 'anticipate', 'forecast', 'expect', 'believe', 'may', 'will', 'should', 'estimate', 'intend' or other similar words). All statements in this press release, other than those relating to historical information, are forward-looking statements, including, but not limited statements regarding strategies, plans and estimated production amounts resulting from expansion of mining operations at the Moa Joint Venture. The Corporation cautions readers of this press release not to place undue reliance on any forward-looking statement as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. The key risks and uncertainties should be considered in conjunction with the risk factors described in the Corporation's other documents filed with the Canadian securities authorities, including without limitation the 'Managing Risk' section of the Management's Discussion and Analysis for the three months ended March 31, 2025 and the Annual Information Form of the Corporation dated March 24, 2025 for the period ending December 31, 2024, which is available on SEDAR+ at Article content The forward-looking information and statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any oral or written forward-looking information or statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement. 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Associated Press
30-05-2025
- Business
- Associated Press
SC2 RESPONDS TO SHERRITT AND REMINDS SHAREHOLDERS TO VOTE AGAINST INCUMBENT DIRECTORS
TORONTO, May 30, 2025 /CNW/ - SC2 Inc. ('SC2"), a significant shareholder of Sherritt International Corporation (TSX: S) ('Sherritt'), wishes to respond to Sherritt's recent letter to shareholders (the 'Letter'), a summary of which appeared in Sherritt's news release dated May 26, 2025. SC2 is disappointed, but not surprised, that Sherritt's leadership has elected to pursue a campaign of misinformation, attempting to entrench itself by distracting Sherritt shareholders from the real and pervasive issues facing Sherritt. In the Letter, the Sherritt board states that it has made 'significant progress' in delivering value to Sherritt shareholders. However, Sherritt's long-term performance tell a different story. Since September 2011, Sherritt's share price has declined by approximately 97%; Sherritt shareholders have experienced two rounds of equity dilution; Sherritt bondholders have undergone two restructurings; and both production and cash reserves have reached historic lows. In SC2's view, Sherritt's generous executive compensation arrangements do not reflect these facts. SC2 intends, therefore, to vote against all the incumbent members of the Sherritt board at the upcoming Annual and Special Meeting of Shareholders to be held on June 10, 2025 (the 'Meeting'), and encourages other Sherritt shareholders to do the same. The Letter also makes numerous false claims about SC2 and its affiliate, Seablinc Canada Inc. ('Seablinc'), and SC2 wishes to clarify two important points: The Letter fails to address several important concerns raised by SC2 regarding ongoing operational challenges, questionable corporate governance practices, and the lack of a clearly articulated long-term strategy to enhance shareholder value. The information in this news release may constitute a solicitation of a proxy under corporate and securities laws. Accordingly, SC2 is providing the disclosure required under the Canada Business Corporations Act and section 9.2(4) of National Instrument 51-102 – Continuous Disclosure Obligations in accordance with securities laws applicable to public broadcast solicitations. This news release and any solicitation made by SC2 in advance of the Meeting is, or will be, as applicable, made by SC2, and not by or on behalf of the management of Sherritt. All costs incurred for any solicitation will be borne by SC2, except that, subject to corporate and securities laws, SC2 may seek reimbursement from Sherritt for its out-of-pocket expenses, including proxy solicitation expenses and legal fees, incurred in connection with the solicitation. SC2 is not soliciting proxies in connection with the Meeting at this time. SC2 may solicit proxies pursuant to an information circular sent to shareholders, after which solicitations may be made by or on behalf of SC2, by mail, telephone, fax, email or other electronic means as well as by newspaper or other media advertising, and in person by directors, officers and employees of SC2, who will not be specifically remunerated for the solicitation. SC2 may also solicit proxies in reliance upon the public broadcast exemption to the solicitation requirements under corporate and securities laws, conveyed by way of public broadcast, including through news releases, speeches, or publications, and by any other manner permitted under Canadian corporate and securities laws. SC2 may engage the services of one or more agents and authorize other persons to assist in soliciting proxies on its behalf. SC2 is not requesting that shareholders submit proxies at this time. If SC2 commences a formal solicitation of proxies in connection with the Meeting, any proxy may be revoked by instrument in writing by the shareholder giving the proxy or by its duly authorized officer or attorney, or in any other manner permitted by law and the articles of Sherritt. None of SC2 or, to its knowledge, any of its associates or affiliates, has any material interest, direct or indirect, (a) in any transaction since the beginning of Sherritt's most recently completed financial year or in any proposed transaction that has materially affected or would materially affect Sherritt or any of its subsidiaries, or (b) by way of beneficial ownership of securities or otherwise, in any matter proposed to be acted on at the Meeting other than the election of directors or the appointment of auditors. Sherritt's head office address is Bay Adelaide Centre, East Tower, 22 Adelaide Street West, Suite 4220, Toronto, ON M5H 4E3. A copy of this news release may be obtained on Sherritt's SEDAR+ profile at SC2 is a shareholder of Sherritt. SC2 advocates for board accountability, operational discipline, and the creation of long-term value for all of Sherritt's stakeholders. SC2's affiliate, Seablinc Canada Inc., is a proud supplier to the Moa in Cuba. SOURCE SC2 Inc.
