Mercer International Inc. Files $650,000,000 Shelf Registration
September 15 2016 - 4:45PM
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) ("Mercer")
today announced the filing of a universal shelf registration
statement on Form S-3 (the "Shelf Registration Statement") with the
Securities and Exchange Commission ("SEC") and a shelf prospectus
(the "Canadian Shelf") with certain Canadian securities regulators.
The Shelf Registration Statement, when declared effective by the
SEC, and the Canadian Shelf when receipted by Canadian securities
regulators, will allow Mercer to offer and sell, from time to time
in one or more public offerings, up to $650,000,000 of debt
securities, common stock, preferred stock and warrants to purchase
common stock or debt securities, or any combination thereof.
The specifics of any future offering, along with
the prices, terms, and the use of proceeds of any such securities
offered by Mercer, will be determined at the time of any such
offering and will be described in detail in a prospectus supplement
filed at the time of any such offering. Each of the Shelf
Registration Statement and the Canadian Shelf has been filed but
neither has yet become effective or receipted, as applicable. The
securities registered may not be sold, and offers to buy may not be
accepted, prior to the time the Shelf Registration Statement
becomes effective and the Canadian Shelf has been receipted.
This press release does not constitute an offer
to sell or the solicitation of an offer to buy the securities, nor
shall there be any sale of the securities in any state, province or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under
securities laws of any such state, province or jurisdiction. An
offering of the securities covered by the Shelf Registration
Statement and the Canadian Shelf will only be by means of a written
prospectus supplement.
Copies of the prospectus included in the Shelf
Registration Statement and the Canadian Shelf may be obtained at
www.sec.gov and www.sedar.com, respectively, or directly from
Mercer by writing to Investor Relations, Suite 1120, 700 West
Pender Street, Vancouver, British Columbia, Canada, V6C 1G8 or by
calling (604)-684-1099.
Mercer International Inc. is a global pulp
manufacturing company. To obtain further information on the
company, please visit its web site at
http://www.mercerint.com.
The preceding includes forward looking
statements which involve known and unknown risks and uncertainties
which may cause our actual results in future periods to differ
materially from forecasted results. Words such as "expects",
"anticipates", "projects", "intends", "designed", "will",
"believes", "estimates", "may", "could" and variations of such
words and similar expressions are intended to identify such
forward-looking statements. Among those factors which could cause
actual results to differ materially are the following: the highly
cyclical nature of our business, raw material costs, our level of
indebtedness, competition, foreign exchange and interest rate
fluctuations, our use of derivatives, expenditures for capital
projects, environmental regulation and compliance, disruptions to
our production, market conditions and other risk factors listed
from time to time in our SEC reports.
APPROVED BY:
David M. Gandossi, FCPA, FCA
Chief Executive Officer and President
(604) 684-1099
David K. Ure, CPA, CGA
Senior Vice President Finance,
Chief Financial Officer and Secretary
(604) 684-1099
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