Fraser Papers Completes Sale of Specialty Papers Business to Twin Rivers Paper Company

Fraser Papers Completes Sale of Specialty Papers Business to Twin Rivers Paper Company

Toronto, ON (April 29, 2010) – Fraser Papers Inc. (together with its subsidiaries, “Fraser Papers”) announced today that it has completed the previously announced sale of its specialty papers business to Twin Rivers Paper Company Inc.

Fraser Papers remains under creditor protection pursuant to the provisions of the Companies’ Creditors Arrangement Act (“CCAA”), with its stay of proceedings having been extended by the court to July 9, 2010.

* * * * * * * *

For more information, please visit www.fraserpapers.com or contact:

Peter Gordon
Chief Executive Officer
(416) 359-8614 
pgordon@toronto.fraserpapers.com 
 
      Glen McMillan
Senior Vice President and Chief Financial Officer
(416) 359-8635 
gmcmillan@toronto.fraserpapers.com 
 

-30-

image
© 2012 Twin Rivers Paper Company