CALGARY, AB--(Marketwired - June 27, 2016) - Canexus Corporation (
Canexus and Superior are engaged in discussions to potentially extend the outside date of the arrangement agreement of June 29, 2016 to allow time for Superior to litigate the FTC action.
About Canexus
Canexus produces sodium chlorate and chlor-alkali products largely for the pulp and paper and water treatment industries. Our four plants in Canada and two at one site in Brazil are reliable, low-cost, strategically located facilities that capitalize on competitive electricity costs and transportation infrastructure to minimize production and delivery costs. Canexus targets opportunities to maximize shareholder returns and delivers high-quality products to its customers and is committed to Responsible Care® through safe operating practices. Canexus' common shares (CUS) and debentures Series IV - CUS.DB.B; Series V - CUS.DB.C; Series VI - CUS.DB.D) trade on the Toronto Stock Exchange. More information about Canexus is available at www.canexus.ca.
Contact Information:
Further Information:
Dean R. Beacon
Senior Vice President, Finance and CFO
Canexus Corporation
(403) 571-7300
Robin Greschner
Investor Relations
Canexus Corporation
(403) 571-7356