NEW YORK, June 16 /CNW/ -- Mercer International Inc. (Nasdaq: MERC; TSX: MRI.U) announced today that it has decided not to proceed with its previously announced public offering of its shares because of current market conditions. Mercer Mercer is a global pulp and paper manufacturing company and operates three modern NBSK pulp mills in Germany and Canada with an aggregate annual production capacity of approximately 1.3 million tonnes. The preceding includes forward looking statements which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: market conditions, competition, construction and equipment performance risks and other risk factors listed from time to time in the Company's SEC reports.