Friday, October 19, 2012

Silence on Catalyst Elk Falls Sale

With just hours to go before the third Catalyst Paper Elk Falls Mill site sale deadline, both the seller, Catalyst Paper, and the buyer, Alberta developer Harold Jahn, are observing a stony silence.
This is nothing new for Catalyst Paper which has not answered a Mirror phone call since mid-September. On Oct. 4 Jahn said his $8.6 million deal to buy the abandoned Catalyst Mill site would close today, Oct. 19, and he would be on site next week doing business.
Two earlier sale closure dates, Sept. 5 and 19, were missed since the deal was announced in August.