Fortress Paper Cl A (FTPLF) 3.2053 $FTPLF
Fortress Paper Announces Sale and Leaseback Transaction at Landqart Mill
Marketwire Canada - Mon Jun 06, 3:01AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 6, 2016) - Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX:FTP) is pleased to announce that its wholly-owned subsidiary Landqart AG ("Landqart" has entered into a purchase agreement (the "Purchase Agreement" with GAM Investment Management (Switzerland) AG on behalf of Procimmo Swiss Commercial Fund II (the "Purchaser" for the sale of its lands and buildings related to its security paper business located in Landquart, Switzerland, for the aggregate purchase price of CHF 44,500,000 (approximately CDN$59 million), subject to customary conveyancing adjustments. The closing of the Purchase Agreement is subject to certain customary conditions for transactions of this nature including the Purchaser obtaining financing. Landqart has received a deposit for the purchase price in the amount of CHF 500,000 (approximately CDN$660,000), which Landqart may retain if the Purchaser's financing condition is not satisfied.
FTP.TO: 4.05 (+0.01)
Fortress Paper Announces First Quarter 2016 Results
Marketwire Canada - Mon May 16, 6:56PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2016) - Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX:FTP) reported 2016 first quarter operating EBITDA of $1.1 million. The Dissolving Pulp Segment generated operating EBITDA of $1.3 million and the Security Paper Products Segment generated EBITDA of $1.8 million. Corporate costs included in operating EBITDA were $2.0 million.
FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Voting Results for Its 2016 Annual General and Special Meeting
Marketwired - Mon Apr 25, 7:08PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX: FTP) announces that the following five directors were elected at the annual general and special meeting of shareholders of the Company held on April 21, 2016 (the "Meeting" :
FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Automatic Share Purchase Plan Pursuant to Its Normal Course Issuer Bid
Marketwired - Thu Mar 31, 7:03PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX: FTP) announces today that in connection with its previously reported normal course issuer bid (the "Bid" , which commenced on January 6, 2016, Fortress Paper has entered into an automatic securities purchase plan (the "Plan" with its designated broker in order to facilitate purchases of its 6.5% convertible unsecured subordinated debentures due on December 31, 2016 (Trading Symbol: FTP.DB) (the "6.5% Debentures" and its 7.0% convertible unsecured subordinated debentures due on December 31, 2019 (Trading Symbol: FTP.DB.A) (the "7.0% Debentures" under the Bid.
FTP.TO: 4.05 (+0.01)
Kazakhstan 20,000 Tenge Note Produced With Fortress Paper's Durasafe(R) Banknote Substrate Wins Regional Banknote of the Year Award
Marketwired - Fri Mar 18, 3:31PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX: FTP) is pleased to announce that the National Bank of Kazakhstan 20,000 Tenge banknote produced with Fortress Paper's Durasafe(R) banknote substrate was the recipient of the Regional Banknote of the Year award at the High Security Printing Europe conference in Bucharest, Hungary on March 15, 2016.
FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Fourth Quarter 2015 Results
Marketwire Canada - Wed Mar 09, 7:33PM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX:FTP) reported 2015 fourth quarter operating EBITDA of $3.3 million. The Dissolving Pulp Segment generated operating EBITDA of $1.5 million and the Security Paper Products Segment generated EBITDA of $3.9 million. Corporate costs included in operating EBITDA were $2.1 million.
FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Appointment of Director
Marketwired - Tue Jan 05, 7:02AM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX: FTP) is pleased to announce the appointment of Gerry Gaetz to the Board of Directors of the Company (the "Board" . In addition to his appointment as a member of the Board, Mr. Gaetz will also serve on Fortress Paper's Audit Committee and Compensation Committee.
FTP.TO: 4.05 (+0.01)
Kazakhstan Issues 20,000 Tenge Note Into Circulation Produced With Fortress Paper's Durasafe(R) Banknote Substrate
Marketwired - Tue Dec 01, 4:12PM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX: FTP) is pleased to announce that the National Bank of Kazakhstan will issue the 20,000 Tenge note as legal tender in Kazakhstan commencing December 1, 2015. Fortress Paper is the proud supplier of the Durasafe(R) high performance banknote substrate used for this note, manufactured at its Landqart Mill in Switzerland.
FTP.TO: 4.05 (+0.01)
Kazakhstan Issues 20,000 Tenge Note Into Circulation Produced With Fortress Paper's Durasafe® Banknote Substrate
Marketwire Canada - Tue Dec 01, 4:11PM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company" (TSX:FTP) is pleased to announce that the National Bank of Kazakhstan will issue the 20,000 Tenge note as legal tender in Kazakhstan commencing December 1, 2015. Fortress Paper is the proud supplier of the Durasafe(R) high performance banknote substrate used for this note, manufactured at its Landqart Mill in Switzerland.
FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Third Quarter 2015 Results
Marketwired - Fri Nov 13, 8:37PM CST
Fortress Paper Ltd. (TSX: FTP) ("Fortress Paper" or the "Company" today announced results for the third quarter ended September 30, 2015. The Company reported operating EBITDA of $5.5 million, an increase of $1.4 million and $7.0 million over the previous quarter and prior year comparative period, respectively. The Dissolving Pulp Segment ("Dissolving Pulp" generated operating EBITDA of $5.4 million and the Security Paper Products Segment ("Security Paper" generated operating EBITDA of $2.2 million. Corporate costs included in operating EBITDA were $2.1 million.
FTP.TO: 4.05 (+0.01)
Fortress Paper to Webcast Investor Day Presentation on October 1, 2015
Marketwired - Tue Sep 29, 5:11PM CDT
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
FTP.TO: 4.05 (+0.01)
Global Banknote Market Report: 2015 Edition
M2 - Mon Sep 07, 9:46AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rw6frw/global_banknote) has announced the addition of the "Global Banknote Market Report: 2015 Edition" report to their offering. The report provides a comprehensive study of the global banknote market. The industry comprises few large players such as De La Rue, Geisecke & Devrient (G&D) and Fortress Paper. All these companies have been profiled in the present report highlighting their key financials and business strategies for growth. Banknote is a promissory note which is issued by banks that is payable on demand to the bearer. The production and distribution of new banknotes and destruction of the unfit banknotes is the responsibility of the central bank of the respective countries. The demand for banknotes and substrate is fulfilled by state print works (SPW), state paper mills (SPM) and handful number of commercial print and paper manufacturers. SPWs and SPMs can also turn in to commercial providers to cater the unmet demand for banknotes. As per the global banknote market, the demand for banknotes will continue to grow globally with varied demand growth across different countries as per their economic conditions. The production and issuance of banknotes are impacted by decisions of the central banks. Despite the increase in usage of electronic mode of payment, demand for holding cash remains strong. During the period of financial crisis, cash appear to be the only reliable source and the demand for cash at that point of time rises sharply due to the faith of people in real currency. The central banks, governments and commercial organizations depend on currency manufacturers and their products to deliver security and confidence to combat counterfeiting and illicit trade of banknotes. Hence, with latest banknote technology there lies a bright future for cash. The key trends observed in the market include adoption of polymer banknotes, change in behavior of customers and color changing, as a dominant security feature in banknotes. But there are certain challenges too which include counterfeiting & security issues, overcapacity leading to pricing pressure and rise of digital or cashless payment among others. The market's main growth drivers include financial instability of the economy, GDP of the economy and retirement of banknotes. Key Topics Covered: 1. Banknote Industry 2. Banknote Industry 3. Market Dynamics 4. Competitive Landscape 5. Company Profiles - De La Rue plc. - Fortress Paper Ltd. - Geisecke & Devrient (G&D) Group For more information visit http://www.researchandmarkets.com/research/rw...l_banknote
Fortress Paper Announces Sale and Leaseback Transaction at Landqart Mill
Marketwire Canada - Mon Jun 06, 3:01AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 6, 2016) - Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX:FTP) is pleased to announce that its wholly-owned subsidiary Landqart AG ("Landqart" has entered into a purchase agreement (the "Purchase Agreement" with GAM Investment Management (Switzerland) AG on behalf of Procimmo Swiss Commercial Fund II (the "Purchaser" for the sale of its lands and buildings related to its security paper business located in Landquart, Switzerland, for the aggregate purchase price of CHF 44,500,000 (approximately CDN$59 million), subject to customary conveyancing adjustments. The closing of the Purchase Agreement is subject to certain customary conditions for transactions of this nature including the Purchaser obtaining financing. Landqart has received a deposit for the purchase price in the amount of CHF 500,000 (approximately CDN$660,000), which Landqart may retain if the Purchaser's financing condition is not satisfied. FTP.TO: 4.05 (+0.01)
Fortress Paper Announces First Quarter 2016 Results
Marketwire Canada - Mon May 16, 6:56PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2016) - Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX:FTP) reported 2016 first quarter operating EBITDA of $1.1 million. The Dissolving Pulp Segment generated operating EBITDA of $1.3 million and the Security Paper Products Segment generated EBITDA of $1.8 million. Corporate costs included in operating EBITDA were $2.0 million. FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Voting Results for Its 2016 Annual General and Special Meeting
Marketwired - Mon Apr 25, 7:08PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) announces that the following five directors were elected at the annual general and special meeting of shareholders of the Company held on April 21, 2016 (the "Meeting" : FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Automatic Share Purchase Plan Pursuant to Its Normal Course Issuer Bid
Marketwired - Thu Mar 31, 7:03PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) announces today that in connection with its previously reported normal course issuer bid (the "Bid" , which commenced on January 6, 2016, Fortress Paper has entered into an automatic securities purchase plan (the "Plan" with its designated broker in order to facilitate purchases of its 6.5% convertible unsecured subordinated debentures due on December 31, 2016 (Trading Symbol: FTP.DB) (the "6.5% Debentures" and its 7.0% convertible unsecured subordinated debentures due on December 31, 2019 (Trading Symbol: FTP.DB.A) (the "7.0% Debentures" under the Bid. FTP.TO: 4.05 (+0.01)
Kazakhstan 20,000 Tenge Note Produced With Fortress Paper's Durasafe(R) Banknote Substrate Wins Regional Banknote of the Year Award
Marketwired - Fri Mar 18, 3:31PM CDT
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) is pleased to announce that the National Bank of Kazakhstan 20,000 Tenge banknote produced with Fortress Paper's Durasafe(R) banknote substrate was the recipient of the Regional Banknote of the Year award at the High Security Printing Europe conference in Bucharest, Hungary on March 15, 2016. FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Fourth Quarter 2015 Results
Marketwire Canada - Wed Mar 09, 7:33PM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX:FTP) reported 2015 fourth quarter operating EBITDA of $3.3 million. The Dissolving Pulp Segment generated operating EBITDA of $1.5 million and the Security Paper Products Segment generated EBITDA of $3.9 million. Corporate costs included in operating EBITDA were $2.1 million. FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Appointment of Director
Marketwired - Tue Jan 05, 7:02AM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) is pleased to announce the appointment of Gerry Gaetz to the Board of Directors of the Company (the "Board" . In addition to his appointment as a member of the Board, Mr. Gaetz will also serve on Fortress Paper's Audit Committee and Compensation Committee. FTP.TO: 4.05 (+0.01)
Kazakhstan Issues 20,000 Tenge Note Into Circulation Produced With Fortress Paper's Durasafe(R) Banknote Substrate
Marketwired - Tue Dec 01, 4:12PM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX: FTP) is pleased to announce that the National Bank of Kazakhstan will issue the 20,000 Tenge note as legal tender in Kazakhstan commencing December 1, 2015. Fortress Paper is the proud supplier of the Durasafe(R) high performance banknote substrate used for this note, manufactured at its Landqart Mill in Switzerland. FTP.TO: 4.05 (+0.01)
Kazakhstan Issues 20,000 Tenge Note Into Circulation Produced With Fortress Paper's Durasafe® Banknote Substrate
Marketwire Canada - Tue Dec 01, 4:11PM CST
Fortress Paper Ltd. ("Fortress Paper" or the "Company"
(TSX:FTP) is pleased to announce that the National Bank of Kazakhstan will issue the 20,000 Tenge note as legal tender in Kazakhstan commencing December 1, 2015. Fortress Paper is the proud supplier of the Durasafe(R) high performance banknote substrate used for this note, manufactured at its Landqart Mill in Switzerland. FTP.TO: 4.05 (+0.01)
Fortress Paper Announces Third Quarter 2015 Results
Marketwired - Fri Nov 13, 8:37PM CST
Fortress Paper Ltd. (TSX: FTP) ("Fortress Paper" or the "Company"
today announced results for the third quarter ended September 30, 2015. The Company reported operating EBITDA of $5.5 million, an increase of $1.4 million and $7.0 million over the previous quarter and prior year comparative period, respectively. The Dissolving Pulp Segment ("Dissolving Pulp" generated operating EBITDA of $5.4 million and the Security Paper Products Segment ("Security Paper" generated operating EBITDA of $2.2 million. Corporate costs included in operating EBITDA were $2.1 million. FTP.TO: 4.05 (+0.01)
Fortress Paper to Webcast Investor Day Presentation on October 1, 2015
Marketwired - Tue Sep 29, 5:11PM CDT
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
FTP.TO: 4.05 (+0.01)
Global Banknote Market Report: 2015 Edition
M2 - Mon Sep 07, 9:46AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rw6frw/global_banknote) has announced the addition of the "Global Banknote Market Report: 2015 Edition" report to their offering. The report provides a comprehensive study of the global banknote market. The industry comprises few large players such as De La Rue, Geisecke & Devrient (G&D) and Fortress Paper. All these companies have been profiled in the present report highlighting their key financials and business strategies for growth. Banknote is a promissory note which is issued by banks that is payable on demand to the bearer. The production and distribution of new banknotes and destruction of the unfit banknotes is the responsibility of the central bank of the respective countries. The demand for banknotes and substrate is fulfilled by state print works (SPW), state paper mills (SPM) and handful number of commercial print and paper manufacturers. SPWs and SPMs can also turn in to commercial providers to cater the unmet demand for banknotes. As per the global banknote market, the demand for banknotes will continue to grow globally with varied demand growth across different countries as per their economic conditions. The production and issuance of banknotes are impacted by decisions of the central banks. Despite the increase in usage of electronic mode of payment, demand for holding cash remains strong. During the period of financial crisis, cash appear to be the only reliable source and the demand for cash at that point of time rises sharply due to the faith of people in real currency. The central banks, governments and commercial organizations depend on currency manufacturers and their products to deliver security and confidence to combat counterfeiting and illicit trade of banknotes. Hence, with latest banknote technology there lies a bright future for cash. The key trends observed in the market include adoption of polymer banknotes, change in behavior of customers and color changing, as a dominant security feature in banknotes. But there are certain challenges too which include counterfeiting & security issues, overcapacity leading to pricing pressure and rise of digital or cashless payment among others. The market's main growth drivers include financial instability of the economy, GDP of the economy and retirement of banknotes. Key Topics Covered: 1. Banknote Industry 2. Banknote Industry 3. Market Dynamics 4. Competitive Landscape 5. Company Profiles - De La Rue plc. - Fortress Paper Ltd. - Geisecke & Devrient (G&D) Group For more information visit http://www.researchandmarkets.com/research/rw...l_banknote
