Fortress Paper Ltd
Fortress Paper Announces $40.9 Million Closing of Bought Deal Offering
VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 7, 2010) – Fortress Paper Ltd. (“Fortress Paper” or the “Company”) (TSX:FTP) is pleased to announce that it has completed its previously announced bought deal offering (the “Offering”) of 1,739,000 common shares of the Company (the “Offered Shares”) at a price of $23.50 per Offered Share for gross proceeds of [...]
BSP Redesigns Banknotes to Keep Up With Security Technology
In an effort to keep up to date with anti-counterfeiting technology and increasingly high-tech security features on banknotes around the world, the Bankgko Sentral ng Pilipinas (BSP) in the Phillipines announced this week that it will launch a new series of banknotes in December 2010.
“We want to take advantage of these technologies,” BSP Monetary Stability [...]
India Switches Rs500 & 1,000 Notes To Blue Paper
After a significant “large-scale circulation of fake notes” throughout India over the past year, the Indian government has decided to begin printing Rs500 and Rs1,000 on special blue security paper to curtail counterfeiting in the region.
Blue paper is made by combining cotton and linen fibre with a special dye that only glows under ultraviolet rays. [...]
Fortress Paper Announces $40,866,500 Bought Deal Offering
VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 8, 2010)
Fortress Paper Ltd. (“Fortress Paper” or the “Company”) (TSX:FTP), announces that it has entered into a financing agreement with a syndicate of underwriters led by Dundee Securities Corporation and including Jennings Capital Inc., Raymond James Ltd., and TD Securities Inc. (the “Underwriters”). Pursuant to the agreement, the Underwriters have [...]
Fortress Paper Appoints Key Dissolving Pulp Managers for the Conversion of its Thurso Mill
VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 3, 2010) – Fortress Paper Ltd. (TSX:FTP) (“Fortress Paper” or the “Corporation”) announces the following appointments at its wholly-owned subsidiary, Fortress Specialty Cellulose Inc. (“Fortress Specialty”): Peter Vinall as President and Chief Executive Officer, Vincent Byrne as Vice President, Technical Development and Donald Deer as Projects Leader. In addition, Fortress [...]
Canadian Business Magazine: “Counterfeiting Cat-and-Mouse”
Currency makers are fighting a constant battle to stay ahead of counterfeiters, and the bills in your wallet are the product of countless hours of R&D, combining some of the latest developments in chemistry, physics and material science. And with both Canada and the U.S. introducing new bills next year, they’re about to become a [...]
Pulp and Paper Canada: “Thurso’s Future Secure with Fortress”
There’s a new kid on the block and he’s playing by a different set of rules. Brimming with confidence, enthusiasm, and steadfast resolution to succeed, Fortress Paper offers a fresh perspective for Canada’s pulp and paper sector.
With its recent acquisition of the idled Thurso pulp mill located in the Outaouais region of western Quebec, Vancouver-based [...]
Pulp And Paper Canada: “Fraser Papers Exits Canadian Scene After Six Years”
TORONTO — Fraser Papers has completed the sale of its two Canadian mills, located at Thurso, Que. and Edmunston, N.B., in two separate transactions, leaving the insolvent paper company with no Canadian pulp and paper operations.
The Thurso mill was sold to Fortress Paper. The Edmunston facility was sold as part of the specialty papers business, [...]
Pulp And Paper Canada: “Fortress Paper’s Thurso Mill Resumes Production Ahead of Schedule”
Fortress Specialty Cellulose Inc. began production and sale of NBHK pulp from the company’s mill in Thurso, Que., on May 28. The mill reopened May 1 after being shut down by its former owner in early 2009.
Chad Wasilenkoff, CEO of parent company Fortress Paper Ltd., commented: “We are pleased that production has commenced ahead of [...]
NBHK Pulp Production Begins at Fortress Paper’s Thurso Mill
VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 1, 2010) – Fortress Paper Ltd. (“Fortress Paper” or the “Corporation”) (TSX:FTP) announces that its wholly-owned subsidiary, Fortress Specialty Cellulose Inc. (“Fortress Specialty”), commenced production and sale of NBHK pulp on May 28th. The mill reopened May 1st after being shut down by the former owner in early 2009.
Chad Wasilenkoff, [...]
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