Fortress Paper Cl A (FTPLF) 1.8020 $FTPLF
Fortress Paper Supports Canadian Government Request for WTO Panel on Chinese Anti-Dumping Measures
Marketwired - Thu Feb 12, 4:47PM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) reports that the Government of Canada today announced that it is requesting the establishment of a World Trade Organization (WTO) panel on China's imposition of discriminatory and unfounded anti-dumping measures on Canada's dissolving pulp industry.
FTP.TO: 2.26 (+0.06)
Fortress Paper Announces Definitive IQ Loan Amendment
Marketwired - Wed Dec 03, 6:01AM CST
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 Quebec ("IQ" in respect of its C$102.4 million project financing loan with IQ (the "IQ Loan" relating to its mill located in Thurso, Quebec (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.
FTP.TO: 2.26 (+0.06)
Banknote Market 2014 Analysis: De La Rue PLC, G&D (Geisecke & Devrient) Group and Fortress Paper Ltd. Reviewed in New Global Banknote Industry Report
PR Newswire Europe - Wed Nov 26, 4:22PM CST
DALLAS, October 21, 2014 /PRNewswire/ --
Fortress Paper Announces Third Quarter 2014 Results
Marketwired - Thu Nov 13, 5:02PM CST
Fortress Paper Ltd. (TSX: FTP) ("Fortress Paper" or the "Company" reported a 2014 third quarter EBITDA loss of $1.5 million. Excluding Fortress Optical Features Ltd. ("Fortress Optical" operations which were sold during the quarter, EBITDA loss for the Company was $1.0 million. The Dissolving Pulp Segment generated EBITDA loss of $1.2 million and the Security Paper Products Segment generated EBITDA of $1.1 million. Corporate costs contributed $1.4 million to EBITDA loss.
FTP.TO: 2.26 (+0.06)
Fortress Paper Provides Corporate Update
Marketwired - Wed Oct 29, 5:43PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX: FTP) provides a general corporate update relating to its operations.
FTP.TO: 2.26 (+0.06)
Research and Markets: Global Banknote Market Report: 2014 Edition Featuring De La Rue, Fortress Paper & Geisecke & Devrient (G&D)
Business Wire - Fri Oct 24, 8:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/x4k676/global_banknote) has announced the addition of the "Global Banknote Market Report: 2014 Edition" report to their offering.
Global Banknote Market Report: 2014 Edition Featuring De La Rue, Fortress Paper & Geisecke & Devrient (G&D)
M2 - Fri Oct 24, 6:36AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6w5hkg/global_banknote) has announced the addition of the "Global Banknote Market Report: 2014 Edition" report to their offering. The global banknote industry has come a long way since the first fully printed paper money appeared in the middle of 19th century. Today, the industry is characterized by a constant that is change. This industry continues to be shaped and driven forth by regular developments in technologies highlighted by innovations primarily focusing on delivering newer security features to take on the industry's dominant threat: counterfeiting. Newer banknotes embodies a range of security features including 3D security ribbons, watermarks, security threads, portrait modifications and micro printing among others. To take the battle against counterfeiting a step further, countries across the world are increasingly turning towards basing their currencies on polymer substrate rather than the conventional paper substrate. Some are also experimenting with what can be called a hybrid substrate, consisting of the best features and abilities of both the substrates. Countries that have adopted polymer substrates have significantly reduced the risk of encountering counterfeit banknotes in their respective economies, notably New Zealand, Australia and Switzerland, although none reported the ride to be smooth. Money supply in an economy is affected by a number of factors both at the macro level as well as at the micro level. Major macro factors influencing the amount of money in circulation include GDP, demography, and inflation; whereas the micro-level factors are user friendliness and safety, etc. Although there seems to be a rapid emergence of other modes of payment (including plastic money and electronic payment methods) aided by increasing penetration of internet and rising prosperity across the globe, but none can match the convenience and scale of the traditional mode of payment, i.e. cash which is keeping the industry afloat. The competition in the global banknote market is intense with few large players viz. De La Rue, Geisecke & Devrient (G&D) and Fortress Paper. In addition, global competitive landscape along with the profiles and key business strategies of the leading players in the market is discussed. Key Topics Covered: 1. Banknote Industry 2. Banknote Industry 3. Market Dynamics 4. Competitive Landscape 5. Company Profiles Companies Mentioned - De La Rue - Fortress Paper - Geisecke & Devrient (G&D) For more information visit http://www.researchandmarkets.com/research/6w...l_banknote
Fortress Provides Update on China's Antidumping Duty
Marketwired - Wed Oct 15, 3:26PM CDT
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" to China remain subject to a 13% duty, which would cost FSC approximately $20 million annually in lost revenues.
FTP.TO: 2.26 (+0.06)
Nanotech Announces Completion of Fortress Optical Acquisition
ACCESSWIRE - Tue Sep 16, 6:35PM CDT
VANCOUVER, BC / ACCESSWIRE / September 16, 2014 / Nanotech Security Corp. (TSXV: NTS) (OTCQX: NTSFF), announces that further to its news releases of August 26 and September 12, 2014 the Company has now completed the acquisition of 100% of Fortress Optical Features Ltd. from an affiliate of Fortress Paper Ltd. In conjunction with the completion of this acquisition Nanotech has converted the 6,184,953 subscription receipts issued September 12, 2014 for proceeds of $9.3 million into 6,184,953 common shares and 3,092,477 share purchase warrants. The acquisition of Fortress Optical Features will serve as a platform to accelerate commercialization of Nanotech's technology by integrating it into Fortress Optical's product line by adding KolourOptik(tm) images to the OTF threads. The acquisition includes Fortress Optical Features' state-of-the-art building and vacuum metal deposition equipment, located near Ottawa.
NTS.VN: 1.100 (unch)
Fortress Completes Sale of Fortress Optical Features
Marketwire - Tue Sep 16, 4:30PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX: FTP) is pleased to announce that it has successfully completed the sale of Fortress Optical Features Ltd. ("FOF" to Nanotech Security Corp. ("Nanotech" , previously announced on August 26, 2014. The purchase price for the sale is up to $17,500,000, subject to a post-closing working capital adjustment and earn-out in respect of 3,000,000 common shares of Nanotech, which shares were issued at a deemed price of $1.50 per share and will be held in escrow to be released to the Company upon the achievement of certain business milestones by FOF and/or Nanotech over a five year period.
FTP.TO: 2.26 (+0.06)
Nanotech Security Corp. to Acquire Fortress Optical Features Ltd., a Leading Producer of Banknote Security Features
PRWeb - Tue Aug 26, 6:11PM CDT
Nanotech Security Corp. (TSXV:NTS) (OTCQX:NTSFF) ("Nanotech" or "the Company" today announces an agreement with Fortress Global Securities Sarl, a subsidiary of TSX listed Fortress Paper Ltd. ("Fortress Paper" , to purchase 100% of Fortress Optical Features Ltd. ("Fortress Optical Features" , a producer of optical thin film ("OTF" used as security threads in banknotes in several countries. The definitive share and loan purchase agreement (the "Purchase Agreement" provides for Nanotech to acquire 100% of the issued and outstanding securities of Fortress Optical Features for consideration of up to $17.5 million, of which 3 million Nanotech shares (up to $4.5 million) is contingent on the future operating performance of Fortress Optical Features. Nanotech has also entered into an agreement with a Canadian broker to act as sole lead manager and sole book-runner in respect of a private placement of equity securities to fund the cash portion of the purchase price for Fortress Optical Features. The private placement has been structured as an offering of subscription receipts whereby closing of the private placement will be contingent on and be concurrent with completion of the acquisition of Fortress Optical Features by the Company. To date, subscription agreements in excess of $8.0 million have been received which is an amount sufficient to pay the cash portion of the purchase price under the Purchase Agreement. All monetary amounts are in Canadian dollars.
NTS.VN: 1.100 (unch)
IIROC Trade Resumption - Fortress Paper Ltd.
Newsfile Corp - Tue Aug 26, 8:09AM CDT
Trading resumes in:
Fortress Paper Supports Canadian Government Request for WTO Panel on Chinese Anti-Dumping Measures
Marketwired - Thu Feb 12, 4:47PM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) reports that the Government of Canada today announced that it is requesting the establishment of a World Trade Organization (WTO) panel on China's imposition of discriminatory and unfounded anti-dumping measures on Canada's dissolving pulp industry. FTP.TO: 2.26 (+0.06)
Fortress Paper Announces Definitive IQ Loan Amendment
Marketwired - Wed Dec 03, 6:01AM CST
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 Quebec ("IQ" in respect of its C$102.4 million project financing loan with IQ (the "IQ Loan" relating to its mill located in Thurso, Quebec (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. FTP.TO: 2.26 (+0.06)
Banknote Market 2014 Analysis: De La Rue PLC, G&D (Geisecke & Devrient) Group and Fortress Paper Ltd. Reviewed in New Global Banknote Industry Report
PR Newswire Europe - Wed Nov 26, 4:22PM CST
DALLAS, October 21, 2014 /PRNewswire/ --
Fortress Paper Announces Third Quarter 2014 Results
Marketwired - Thu Nov 13, 5:02PM CST
Fortress Paper Ltd. (TSX: FTP) ("Fortress Paper" or the "Company"
reported a 2014 third quarter EBITDA loss of $1.5 million. Excluding Fortress Optical Features Ltd. ("Fortress Optical" operations which were sold during the quarter, EBITDA loss for the Company was $1.0 million. The Dissolving Pulp Segment generated EBITDA loss of $1.2 million and the Security Paper Products Segment generated EBITDA of $1.1 million. Corporate costs contributed $1.4 million to EBITDA loss. FTP.TO: 2.26 (+0.06)
Fortress Paper Provides Corporate Update
Marketwired - Wed Oct 29, 5:43PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) provides a general corporate update relating to its operations. FTP.TO: 2.26 (+0.06)
Research and Markets: Global Banknote Market Report: 2014 Edition Featuring De La Rue, Fortress Paper & Geisecke & Devrient (G&D)
Business Wire - Fri Oct 24, 8:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/x4k676/global_banknote) has announced the addition of the "Global Banknote Market Report: 2014 Edition" report to their offering.
Global Banknote Market Report: 2014 Edition Featuring De La Rue, Fortress Paper & Geisecke & Devrient (G&D)
M2 - Fri Oct 24, 6:36AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6w5hkg/global_banknote) has announced the addition of the "Global Banknote Market Report: 2014 Edition" report to their offering. The global banknote industry has come a long way since the first fully printed paper money appeared in the middle of 19th century. Today, the industry is characterized by a constant that is change. This industry continues to be shaped and driven forth by regular developments in technologies highlighted by innovations primarily focusing on delivering newer security features to take on the industry's dominant threat: counterfeiting. Newer banknotes embodies a range of security features including 3D security ribbons, watermarks, security threads, portrait modifications and micro printing among others. To take the battle against counterfeiting a step further, countries across the world are increasingly turning towards basing their currencies on polymer substrate rather than the conventional paper substrate. Some are also experimenting with what can be called a hybrid substrate, consisting of the best features and abilities of both the substrates. Countries that have adopted polymer substrates have significantly reduced the risk of encountering counterfeit banknotes in their respective economies, notably New Zealand, Australia and Switzerland, although none reported the ride to be smooth. Money supply in an economy is affected by a number of factors both at the macro level as well as at the micro level. Major macro factors influencing the amount of money in circulation include GDP, demography, and inflation; whereas the micro-level factors are user friendliness and safety, etc. Although there seems to be a rapid emergence of other modes of payment (including plastic money and electronic payment methods) aided by increasing penetration of internet and rising prosperity across the globe, but none can match the convenience and scale of the traditional mode of payment, i.e. cash which is keeping the industry afloat. The competition in the global banknote market is intense with few large players viz. De La Rue, Geisecke & Devrient (G&D) and Fortress Paper. In addition, global competitive landscape along with the profiles and key business strategies of the leading players in the market is discussed. Key Topics Covered: 1. Banknote Industry 2. Banknote Industry 3. Market Dynamics 4. Competitive Landscape 5. Company Profiles Companies Mentioned - De La Rue - Fortress Paper - Geisecke & Devrient (G&D) For more information visit http://www.researchandmarkets.com/research/6w...l_banknote
Fortress Provides Update on China's Antidumping Duty
Marketwired - Wed Oct 15, 3:26PM CDT
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" to China remain subject to a 13% duty, which would cost FSC approximately $20 million annually in lost revenues. FTP.TO: 2.26 (+0.06)
Nanotech Announces Completion of Fortress Optical Acquisition
ACCESSWIRE - Tue Sep 16, 6:35PM CDT
VANCOUVER, BC / ACCESSWIRE / September 16, 2014 / Nanotech Security Corp. (TSXV: NTS) (OTCQX: NTSFF), announces that further to its news releases of August 26 and September 12, 2014 the Company has now completed the acquisition of 100% of Fortress Optical Features Ltd. from an affiliate of Fortress Paper Ltd. In conjunction with the completion of this acquisition Nanotech has converted the 6,184,953 subscription receipts issued September 12, 2014 for proceeds of $9.3 million into 6,184,953 common shares and 3,092,477 share purchase warrants. The acquisition of Fortress Optical Features will serve as a platform to accelerate commercialization of Nanotech's technology by integrating it into Fortress Optical's product line by adding KolourOptik(tm) images to the OTF threads. The acquisition includes Fortress Optical Features' state-of-the-art building and vacuum metal deposition equipment, located near Ottawa.
NTS.VN: 1.100 (unch)
Fortress Completes Sale of Fortress Optical Features
Marketwire - Tue Sep 16, 4:30PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) is pleased to announce that it has successfully completed the sale of Fortress Optical Features Ltd. ("FOF" to Nanotech Security Corp. ("Nanotech" , previously announced on August 26, 2014. The purchase price for the sale is up to $17,500,000, subject to a post-closing working capital adjustment and earn-out in respect of 3,000,000 common shares of Nanotech, which shares were issued at a deemed price of $1.50 per share and will be held in escrow to be released to the Company upon the achievement of certain business milestones by FOF and/or Nanotech over a five year period. FTP.TO: 2.26 (+0.06)
Nanotech Security Corp. to Acquire Fortress Optical Features Ltd., a Leading Producer of Banknote Security Features
PRWeb - Tue Aug 26, 6:11PM CDT
Nanotech Security Corp. (TSXV:NTS) (OTCQX:NTSFF) ("Nanotech" or "the Company"
today announces an agreement with Fortress Global Securities Sarl, a subsidiary of TSX listed Fortress Paper Ltd. ("Fortress Paper" , to purchase 100% of Fortress Optical Features Ltd. ("Fortress Optical Features" , a producer of optical thin film ("OTF" used as security threads in banknotes in several countries. The definitive share and loan purchase agreement (the "Purchase Agreement" provides for Nanotech to acquire 100% of the issued and outstanding securities of Fortress Optical Features for consideration of up to $17.5 million, of which 3 million Nanotech shares (up to $4.5 million) is contingent on the future operating performance of Fortress Optical Features. Nanotech has also entered into an agreement with a Canadian broker to act as sole lead manager and sole book-runner in respect of a private placement of equity securities to fund the cash portion of the purchase price for Fortress Optical Features. The private placement has been structured as an offering of subscription receipts whereby closing of the private placement will be contingent on and be concurrent with completion of the acquisition of Fortress Optical Features by the Company. To date, subscription agreements in excess of $8.0 million have been received which is an amount sufficient to pay the cash portion of the purchase price under the Purchase Agreement. All monetary amounts are in Canadian dollars. NTS.VN: 1.100 (unch)
IIROC Trade Resumption - Fortress Paper Ltd.
Newsfile Corp - Tue Aug 26, 8:09AM CDT
Trading resumes in:
