Richmond, BC – Concurrent with the finalization of its acquisition of the recycled newsprint mill in Snowflake, Arizona, Catalyst Paper Corporation (TSX:CTL) is adjusting its executive portfolios to align leadership with more efficient segmentation of the company’s manufacturing operations.
Richmond, BC - Catalyst Paper Corporation (TSX:CTL) announced today that its Rights Offering, which expired at 5:00 p.m. (Toronto time) on April 7, 2008, was 27% oversubscribed. Catalyst will, subject to rounding, be issuing a total of 167,069,361 Subscription Receipts for gross proceeds of $125,302,021.
Vancouver, BC – Catalyst Paper Corporation (TSX:CTL) issued a reminder today that its previously announced Rights Offering expires at 5:00 p.m. (Toronto time) on Monday, April 7, 2008 (the "Expiry Date").
Catalyst Paper Corporation (TSX:CTL) announced today that it has filed a final short form prospectus in each of the provinces of Canada and a registration statement on Form F-10 with the Securities and Exchange Commission in the United States (which has been declared effective) relating to its previously announced Rights Offering for gross proce
Vancouver, BC – Catalyst Paper (TSX:CTL) announced a $12 million capital upgrade and the restart, by mid-year, of the No. 4 paper machine at its Port Alberni mill. The investment in the mill’s thermo-mechanical pulp facility and restart of the machine was approved by the company’s Board of Directors today. The Board also approved a $14 million early retirement and severance package associated with a new labour agreement.