Fortress Paper takes on a new name

P&PC Staff
February 28, 2018
By P&PC Staff
The company operates its dissolving pulp business at the Fortress Specialty Cellulose Mill in Thurso, Quebec.
The company operates its dissolving pulp business at the Fortress Specialty Cellulose Mill in Thurso, Quebec.
Feb. 28, 2018 - Fortress Paper Ltd. says it has changed its name to Fortress Global Enterprises Inc. to better reflect its existing business and future prospects.

“We are pleased to change the name of the company to Fortress Global Enterprises Inc. to align our focus on global investment opportunities. With the recent sale of our Swiss security paper products business, we will now adopt a name that better reflects our company’s global perspective while we continue to seek new opportunities to create shareholder value,” said Chadwick Wasilenkoff, CEO.

The company’s common shares commenced trading on the Toronto Stock Exchange under the new symbol FGE earlier this month. Fortress says it expects its 7.0 per cent convertible unsecured subordinated debentures due on December 31, 2019, will commence trading on the TSX under the new symbol FGE.DB.A. The company’s common shares quoted on the OTCQX Best Market will continue under the symbol FTPLF.

The CUSIP numbers assigned to the company’s common shares and Debentures under its new name will be 34961F102 and 34961FAA0, respectively.

Fortress says no action will be required by existing shareholders or debentureholders with respect to the name change. Certificates representing common shares and Debentures of Fortress Paper will not be affected by the name change and will not need to be exchanged.

Headquartered in North Vancouver, B.C., the company operates its dissolving pulp business at the Fortress Specialty Cellulose Mill in Thurso, Quebec.

Fortress_Global_Enterprises_Inc-WEB.jpg

Add comment

Disclaimer
Note: By submitting your comments you acknowledge that Pulp and Paper Canada has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.


Security code
Refresh

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

Most Popular

Latest Events

BIOFOR International 2019
February 4-7, 2019
PaperWeek Canada 2019
February 4-7, 2019
Paper2019
March 24-26, 2019
PaperCon 2019
May 5-8, 2019

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.