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
News Archive: February 2008
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.
Vancouver, BC – Catalyst Paper Corporation (TSX:CTL) today announced that it has entered into a definitive agreement with a subsidiary of AbitibiBowater to acquire its Snowflake Arizona recycled newsprint mill for a total consideration of US$161 million in cash.