VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/15/14 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) reports that the antidumping duty imposed by China–s Ministry of Commerce ("MOFCOM") on dissolving pulp imports to China from Canada, the United States and Brazil has remained unchanged since its imposition. As a result, the dissolving pulp exports from the Company–s wholly-owned subsidiary Fortress Specialty Cellulose Inc. ("FSC&qu
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/15/14 — West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX: WFT) announced today that it has completed its previously announced offering of US$300 million aggregate principal amount of 4.35% senior unsecured notes due October 15, 2024 (the "Notes"). West Fraser used the net proceeds from the offering to repay its outstanding 5.2% senior unsecured notes that matured today.The Notes were offered in t
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/14/14 — Conifex Timber Inc. ("Conifex") (TSX: CFF) today announced that its wholly-owned subsidiary, Conifex Power Limited Partnership ("CPLP"), commenced its 72 hour run test required to achieve the commercial operation date for the Mackenzie Power Project on Saturday, October 11, 2014. The entire facility performed well and met performance expectations for a period of 24 hours. However, CPLP subsequently halted the test
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/14 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX: CFF) today announced that its wholly-owned subsidiary, Conifex Power Limited Partnership, has completed construction of its Mackenzie, B.C. power generation project (the "Power Plant") and is, in the ordinary course, currently commissioning its various systems and operating the same. Conifex expects that the continuous 72 hour run test required to ach
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/07/14 — West Fraser Timber Co. Ltd. (TSX: WFT) ("West Fraser" or the "Company") announced today that it has priced its offering of US$300 million aggregate principal amount of 4.35% senior unsecured notes due October 15, 2024 (the "Notes"). The Notes were priced at 100% of the aggregate principal amount and will yield 4.35% to maturity. The offering is expected to close on or about October 15, 2014, subject to cu
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/07/14 — West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX: WFT) announced today that it intends, subject to market and other customary conditions, to offer US$300 million in aggregate principal amount of senior unsecured notes maturing in October 2024 (the "Notes") in a private offering. West Fraser intends to use the net proceeds from the offering to repay its outstanding 5.2% senior unsecured n
SKIPPACK, PA — (Marketwired) — 10/03/14 — North Bay Resources Inc. (OTC Pink: NBRI) ("North Bay" or the "Company") today issued the following statement on the status of the South Terrace at the Ruby Mine in Sierra County, California.At the start of the shift on Monday morning, September 22, 2014, the raise being constructed at drillhole C2 was discovered to have encountered fast raveling serpentine below the targeted South Terrace gravels. Following the usual four-foot ra
MEMPHIS, TN — (Marketwired) — 10/01/14 — Verso Paper Corp. (NYSE: VRS) today announced plans to close its paper mill in Bucksport, Maine. The closure of the mill is expected to occur in the fourth quarter of 2014. The mill closure will reduce Verso–s coated groundwood paper production capacity by approximately 350,000 tons and its specialty paper production capacity by approximately 55,000 tons."The Bucksport mill unfortunately has not been profitable for a number of years, in spite of
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/29/14 — West Fraser (TSX: WFT) will hold an analysts– conference call to discuss third quarter 2014 financial and operating results on Tuesday, October 28, 2014 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time.To participate in the call, please dial:1-800-769-8320 (Toll-free North America)Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Ted Seraphim, President and CEO.Following managemen
PHOENIX, AZ — (Marketwired) — 09/29/14 — Lithium Exploration Group, Inc. (OTCQB: LEXG) announced that it has postponed a special meeting of stockholders originally scheduled to take place last week. The meeting will be held on Tuesday, October 14, 2014, at 10:00 AM (PDT/local time) at 400 – 570 Granville Street, Vancouver, British Columbia V6C 3P1. The Company fixed the close of business on September 8, 2014 as the record date for determining the stockholders entitled to notice of the Meetin