RICHMOND, BC, Nov. 14, 2012 /CNW/ - Catalyst Paper announced today that
it has received conditional approval for the listing of its new common
shares on the Toronto Stock Exchange.
The listing is subject to standard conditions and Catalyst expects to
satisfy these conditions in the near future. Catalyst anticipates that
its common shares will be listed for trading within the next 30 days
and will issue a release in advance of the anticipated listing date.
Catalyst Paper manufactures diverse specialty mechanical printing
papers, newsprint and pulp. Its customers include retailers, publishers
and commercial printers in North America, Latin America, the Pacific
Rim and Europe. With three mills, located in British Columbia, Catalyst
has a combined annual production capacity of 1.5 million tonnes. The
company is headquartered in Richmond, British Columbia, Canada and is
ranked by Corporate Knights magazine as one of the 50 Best Corporate
Citizens in Canada.
Certain matters in this news release, including statements with respect
to the listing of Catalyst's common shares on the TSX, are forward
looking. These forward-looking statements reflect management's current
views and are based on certain assumptions, including assumptions as to
Catalyst's ability to satisfy the conditions to the listing of its
common shares on the TSX, as well as other factors management believes
are appropriate. Such forward looking statements are subject to risks
and uncertainties that may cause actual results to differ materially
from those contained in these statements, including those risks and
uncertainties identified under the heading "Risks and Uncertainties" in
Catalyst's management's discussion and analysis contained in Catalyst's
third quarter interim report and the annual report for the year ended
December 31, 2011, available on the company's website at www.catalystpaper.com/investors and at www.sedar.com.
SOURCE: Catalyst Paper Corporation
For further information:
Vice President, Finance & CFO
Vice President, Treasurer & Corporate Controller
Vice President, Marketing & Corporate Responsibility