Richmond, BC – Catalyst Paper announced that it has accepted a qualified stalking horse bid from MLR Ventures, LLC (the Stalking Horse) as part of the sales process for disposition of the Snowflake facility and Apache Railway.
News Archive: November 2012
SNOWFLAKE, AZ, Nov. 27, 2012 – The Town of Snowflake today announced that Catalyst Paper Corporation and its United States affiliates will be working cooperatively with the Town as Catalyst seeks to sell the Apache Railway Company as an operating railroad. The Town believes that this approach will serve to ensure the long-term viability of the railroad and its place in the community, both today and for the future.
Richmond, BC – Catalyst Paper announced today that it has received conditional approval for the listing of its new common shares on the Toronto Stock Exchange.
Richmond, (BC) – A significant one-time credit arising from reorganization gains and “fresh-start accounting” valuation adjustments resulted in third quarter net earnings of $655.7 million for Catalyst Paper. The company emerged from creditor protection on September 13, 2012 with significant debt and cost-structure improvements.
Richmond, BC - Catalyst Paper Corporation will hold a conference call on Wednesday November 14 at 8:00 a.m. Pacific, 11:00 a.m. Eastern, to review the Company's quarterly results which will be released on Tuesday November 13, 2012.
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Richmond, BC – Catalyst Paper today announced that it has received partial pre-payment of the $8.6 million purchase price for the Elk Falls site in Campbell River from Pacifica Deep Sea Terminals Incorporated. The transaction includes the 400-acre industrial site and adjacent properties.
Crofton, BC – A joint agreement to increase water flows in the Cowichan River was reached between the federal Department of Fisheries and Oceans, provincial Ministry of Forests, Lands and Natural Resource Operations, Cowichan Tribes, Cowichan River Hatchery and Catalyst Paper, Crofton Division.