Jennings Capital Inc
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 [...]
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 [...]
Jennings Capital Raises Fortress Paper Target
Russell Stanley, analyst at Jennings Capital Inc. rates Fortress a “buy,” and has raised his one-year target to $22 a share from $14.50. Fortress Paper Ltd., which makes security and other specialty papers, with mills in Switzerland and Germany expects to have sufficient financing to complete the rebuild of its PMI machine, which is the [...]
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