Mercer (MERC) Reports Reinstatement of Cease Trade Order in Fibrek Private Placement
Tweet
Share
E-mailGet Alerts MERC Hot Sheet
Join SI Premium – FREE
Mercer International Inc. (Nasdaq: MERC) reports that the Québec Court of Appeal has overturned the previously announced decision of the Court of Québec, reinstating the cease trade order of the Bureau de décision et de révision (Québec) against the private placement by Fibrek Inc. of 32,320,000 special warrants to Mercer.
Mercer and Fibrek both plan to seek leave to appeal the decision to the Supreme Court of Canada.
Mercer and Fibrek both plan to seek leave to appeal the decision to the Supreme Court of Canada.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing names Ryan Shedd as new SVP and controller
- Sigma Lithium resumes full operations after signing TAC agreement
- Nuvectis Pharma (NVCT) files $200M mixed shelf
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
