Business
Mercer International Decides Not to Proceed With Share Offering as a Result of Current Market Conditions
Mercer International Decides Not to Proceed With Share Offering as a Result of Current Market Conditions.
About this update from Mercado Minerals Ltd.
[{"type":"text","content":"\n\n\n\n\nNEW YORK, June 16 /CNW/ -- Mercer International Inc.\n(Nasdaq: MERC; TSX: MRI.U) announced today that it has decided not to proceed\nwith its previously announced public offering of its shares because of current\nmarket conditions.\n\nMercer\nMercer is a global pulp and paper manufacturing company and operates three\nmodern NBSK pulp mills in Germany and Canada with an aggregate annual\nproduction capacity of approximately 1.3 million tonnes.\n\nThe preceding includes forward looking statements which involve known and\nunknown risks and uncertainties which may cause the Company's actual results\nin future periods to differ materially from forecasted results. Among those\nfactors which could cause actual results to differ materially are the\nfollowing: market conditions, competition, construction and equipment\nperformance risks and other risk factors listed from time to time in the\nCompany's SEC reports.\n\n\n\n","length":987,"tagName":"div"}]