BUZZ-Sherritt International: Shares jump as U.S. to shift Cuba policy

Wed Dec 17, 2014 10:52am EST
 
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** Canadian miner's shares up 22.9 pct to C$2.79

** Shares of largest independent energy producer in Cuba jump with U.S. President Barack Obama set to announce shift in policy toward Cuba

** Policy changes to include opening of embassy in Cuba and starting talks to normalize relations

** Some Sherritt officers and directors are barred from the United States because of sanctions against companies trading with Cuba

** Stock posts biggest intraday jump in 5-and-a-half years

** Up to Tuesday's close, stock had risen nearly 15 pct on the Toronto Stock Exchange this year