|
| Home : Fortress Paper Announces Definitive IQ Loan Amendment |
|
Dec 04
2014 |
Fortress Paper Announces Definitive IQ Loan Amendment |
|
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 3, 2014) - Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) is pleased to announce today that its wholly-owned subsidiary, Fortress Specialty Cellulose Inc. ("FSC"), has entered into a definitive amendment agreement with Investissement Québec ("IQ") in respect of its C$102.4 million project financing loan with IQ (the "IQ Loan") relating to its mill located in Thurso, Québec (the "FSC Mill"), which amendment has received final Provincial Government approval. This agreement reflects the strong relationship between Fortress Paper and IQ in respect of the FSC Mill and our mutual interest in ensuring the mill's success. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=1973576&sourceType=3 |
| |
|
Related News
|
» Lake Shore Gold Announces Closing of Bought Deal Private Placement Flow-Through Financing
» Blackheath Announces $2,000,000 Private Placement
|
|
|
