MERC

West Fraser and Mercer Announce Dissolution of Cariboo Pulp and Paper Joint Venture

Retrieved on: 
Tuesday, April 2, 2024
NBSK, WFG, MERC, Acquisition, TSX, Workforce, Paper, Mercer

VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- West Fraser Timber Co. Ltd. ("West Fraser") (TSX and NYSE: WFG) and Mercer International Inc. ("Mercer") (NASDAQ: MERC) announced today an agreement to dissolve their 50/50 joint venture in Cariboo Pulp and Paper.

Key Points: 
  • VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- West Fraser Timber Co. Ltd. ("West Fraser") (TSX and NYSE: WFG) and Mercer International Inc. ("Mercer") (NASDAQ: MERC) announced today an agreement to dissolve their 50/50 joint venture in Cariboo Pulp and Paper.
  • West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company.
  • “Cariboo Pulp is an important member of the West Fraser family of mills," said Sean McLaren, West Fraser's President & CEO.
  • Cariboo Pulp and Paper is a pillar of the Quesnel forestry community and has been in operation since 1972.

ReloQuest Names Christina Blondheim VP of Global Business Development

Retrieved on: 
Monday, March 18, 2024
MERC, Organization, Growth, BAMM

WESTON, Fla., March 18, 2024 /PRNewswire/ -- ReloQuest Inc. , a trailblazer in technology-driven corporate accommodation solutions, announces the appointment of Christina Blondheim as Vice President of Global Business Development.

Key Points: 
  • WESTON, Fla., March 18, 2024 /PRNewswire/ -- ReloQuest Inc. , a trailblazer in technology-driven corporate accommodation solutions, announces the appointment of Christina Blondheim as Vice President of Global Business Development.
  • Bringing a wealth of experience in problem-solving on a global scale, Christina Blondheim is poised to reinforce ReloQuest's steadfast dedication to providing unmatched consultation services to clients worldwide.
  • Christina's expertise includes a proven track record in generating solutions in global housing accommodations and a firm commitment to fostering client success.
  • ReloQuest is poised to continue exemplary tailored client service standards in the global mobility landscape.

Jimmy Lee Appointed As Chairman Emeritus Of Mercer International Inc.

Retrieved on: 
Monday, February 26, 2024
Interim, Health, Growth, Risk, Entrepreneurship, Biofuel, MERC, Management

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) announced that Jimmy Lee is stepping down as Executive Chairman and director of the Company for personal health reasons.

Key Points: 
  • NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) announced that Jimmy Lee is stepping down as Executive Chairman and director of the Company for personal health reasons.
  • William McCartney, who previously served as lead director, has been appointed Interim Chairman by the Company's board of directors.
  • Jimmy Lee, Chairman Emeritus, stated: "As I reflect on my time at Mercer, I am thankful for all of the employees, board members and other stakeholders who have helped build Mercer to where it is today.
  • We are grateful that he will serve as Chairman Emeritus, and know he will continue to provide valued counsel to the Company."

Mercer International Inc. Announces Conference Call for Fourth Quarter 2023 Results

Retrieved on: 
Monday, January 22, 2024
Biofuel, MERC, Web browser, Internet, PIN, Webcast, Online shopping

NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2023 on Thursday, February 15, 2024, after the close of the market.

Key Points: 
  • NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2023 on Thursday, February 15, 2024, after the close of the market.
  • Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 16, 2024, at 10:00 am ET to discuss the results.
  • For those unable to participate in the live webcast, a replay of the webcast will be archived and accessible through the same link on the Company's website at https://mercerint.com/investors/events-calendar/ .
  • Participants are advised to go to the website at least 15 minutes prior to the call to register.

Mercer International Inc. to Present at Upcoming CIBC Investor Conference

Retrieved on: 
Tuesday, January 9, 2024
MERC, Press release, News

NEW YORK, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer & Secretary, will be presenting at the following upcoming conference:

Key Points: 
  • NEW YORK, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer & Secretary, will be presenting at the following upcoming conference:
    A copy of the presentation will be posted in the “Investors - News Releases & Presentations” section on the Company’s website ( https://mercerint.com/investors/news-releases-presentations/ ) in advance of the event.

Mercer International Inc. to Present at Upcoming Investor Conferences

Retrieved on: 
Tuesday, November 14, 2023
MERC, EST, News, Press release

NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Richard Short, Chief Financial Officer and Secretary, will be attending and hosting meetings at the following upcoming conferences:

Key Points: 
  • NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Richard Short, Chief Financial Officer and Secretary, will be attending and hosting meetings at the following upcoming conferences:
    Boca Raton, Florida, November 27 to November 29, 2023
    Fireside chat at 10:10 a.m. (EST) on Wednesday, November 29, 2023
    Palm Beach, Florida, November 28 to November 30, 2023
    A copy of the presentation will be posted in the “Investors - News Releases & Presentations” section on the Company’s website ( https://mercerint.com/investors/news-releases-presentations/ ) in advance of these events.

Mercer International Inc. Announces Conference Call for Third Quarter 2023 Results

Retrieved on: 
Thursday, September 28, 2023
Webcast, Internet, MERC, PIN, Web browser, Biofuel, Online shopping

NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its third quarter results for the period ending September 30, 2023, on Thursday, November 2, 2023, after the close of the market.

Key Points: 
  • NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its third quarter results for the period ending September 30, 2023, on Thursday, November 2, 2023, after the close of the market.
  • Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, November 3, 2023, at 10:00 am ET to discuss the results.
  • For those unable to participate in the live webcast, a replay of the webcast will be archived and accessible through the same link on the Company’s website at https://mercerint.com/investors/events-calendar/ .
  • Participants are advised to go to the website at least 15 minutes prior to the call to register.

Mercer International Inc. to Present at Upcoming 2023 TD Securities Paper and Forest Products Conference

Retrieved on: 
Friday, September 22, 2023
TD, Press release, Risk, Biofuel, Paper, MERC, Conference, News, Cryptocurrency, Lumber

NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Richard Short, Chief Financial Officer and Secretary, will be presenting at the following upcoming conference:

Key Points: 
  • NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Richard Short, Chief Financial Officer and Secretary, will be presenting at the following upcoming conference:
    TD Securities Paper and Forest Products Conference, Toronto
    A copy of the presentation will be posted in the “Investors - News Releases & Presentations” section on the Company’s web site ( https://mercerint.com/investors/news-releases-presentations/ ) on the morning of the event.
  • Mercer International Inc. is a global forest products company with operations in Germany, the United States and Canada with consolidated annual production capacity of 2.3 million tonnes of pulp, 960 million board feet of lumber, 210,000 cubic meters of cross-laminated timber, 45,000 cubic meters of glulam, 17 million pallets and 230,000 metric tonnes of biofuels.
  • The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause our actual results in future periods to differ materially from forecasted results.
  • Words such as "expects", "anticipates", "are optimistic that", "projects", "intends", "designed", "will", "believes", "estimates", "may", "could" and variations of such words and similar expressions are intended to identify such forward‐looking statements.

Mercer International Inc. Completes Private Offering of $200,000,000 of 2028 Senior Notes

Retrieved on: 
Thursday, September 21, 2023
Note, SEC Rule 144A, Risk, Sale, Biofuel, MERC, Security (finance)

NEW YORK, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it has completed its previously announced private offering of $200.0 million aggregate principal amount of 12.875% senior notes due October 1, 2028 (the "2028 Notes").

Key Points: 
  • NEW YORK, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it has completed its previously announced private offering of $200.0 million aggregate principal amount of 12.875% senior notes due October 1, 2028 (the "2028 Notes").
  • The 2028 Notes were issued at a price of 100.000% of their principal amount.
  • The net proceeds of the offering will be used by the Company to pay down borrowings under its Canadian revolving credit facility, and for working capital and general corporate purposes, including discretionary capital projects at its facilities.
  • The 2028 Notes were sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").

Mercer International Inc. Announces Pricing of Private Offering of Senior Notes

Retrieved on: 
Wednesday, September 20, 2023
Note, SEC Rule 144A, Person, Sale, Annual report, Biofuel, MERC, Security (finance), Regulation, Investment Company Act of 1940

NEW YORK, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced the pricing of its private offering of $200.0 million in aggregate principal amount of 12.875% senior notes due October 1, 2028 (the "2028 Notes").

Key Points: 
  • NEW YORK, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced the pricing of its private offering of $200.0 million in aggregate principal amount of 12.875% senior notes due October 1, 2028 (the "2028 Notes").
  • The 2028 Notes are being issued at a price of 100% of their principal amount.
  • The offering of the 2028 Notes is expected to close on or around September 21, 2023, subject to the satisfaction of customary closing conditions.
  • "Forward looking statements" involve unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results.