Richmond, BC – Catalyst Paper (TSX:CYT) announced that it has sold its Elk Falls industrial site and related assets to Quicksilver Resources Canada Inc., a Calgary-based corporation with extensive natural gas holdings. The $8.6 million sale was signed and closed today.
News Archive: May 2013
Richmond, (BC) – Catalyst Paper (TSX:CYT) posted a net loss of $9.8 million ($0.89 per common share) in the first quarter of 2013. The loss was $11.6 million before specific items. Improvement over the final quarter of 2012 – when the company recorded a loss of $35.2 million ($1.55 per common share) and $15.7 million before specific items – was driven by increased prices for pulp, and lower maintenance costs.