News Archive: April 2008

Metro Waste Paper Recovery earns Catalyst recognition

Richmond, BC – Catalyst Paper’s Paper Recycling Division (PRD) named Metro Waste Paper Recovery as the recipient of its 2007 Supplier of the Year award, choosing Earth Day to announce the award. Metro Waste is the only supplier to have earned this recognition for the third time.

Cowichan Lake Weir Begins Operation April 21, 2008

Crofton, BC - On April 21, 2008, Catalyst Paper will resume operating the Cowichan Lake weir that regulates water flow out of Cowichan Lake. The weir operation will gradually reduce water flow from the lake into the Cowichan River to the target flow level of 25 cubic meters per second set by the Ministry of Environment.

The Cowichan Lake boat lock, which allows boats to travel between the lake and the river, will also begin operating again on April 21, 2008. Both the weir and boat lock were decommissioned for the winter season in October 2007.

Catalyst appointments reflect manufacturing focal points

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.

Catalyst Rights Offering Oversubscribed

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.

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