Catalyst Paper announces details of Rights Offering
Catalyst Paper Corporation (TSX:CTL) announced today that it has filed a final short form prospectus in each of the provinces of Canada and a registration statement on Form F-10 with the Securities and Exchange Commission in the United States (which has been declared effective) relating to its previously announced Rights Offering for gross proceeds of approximately C$125.3 million. Under the Rights Offering, each holder of record of Catalyst common shares as of the close of business on the record date of March 11, 2008 will receive one Right for each common share held.