News Archive: February 2010

Announcement of deferral of rights offering

Richmond, BC – Catalyst Paper (TSX:CTL) announced today that it has decided to defer proceeding with a previously announced proposed rights offering. In November, 2009 the company announced, in conjunction with an exchange offer involving its outstanding 8 5/8% Senior Notes due June 15, 2011 (the "Exchange Offer"), that upon completion of the Exchange Offer it intended to conduct a rights offering to raise proceeds of up to $100 million.

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