Sherritt International urges caution regarding SC2 Inc.’s mini-tender offer, highlighting the potential conflict of interest due to SC2’s affiliation with a significant supplier, Seablinc, to Sherritt’s Moa Joint Venture. Sherritt advises shareholders not to take action on SC2’s offer, which presents ulterior motives not fully disclosed by SC2. The company also clarifies its compliance with regulations regarding advance notice claims and emphasizes its successful board renewal process, with the appointment of independent directors. Sherritt recommends shareholders vote for management nominees in the upcoming annual meeting.