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Catalyst Paper sells Elk Falls site

May 24, 2013, Richmond, B.C. – Catalyst Paper sold its Elk Falls industrial site and related assets to Calgary-based Quicksilver Resources Canada for $8.6 million.

The 1,200-acre parcel includes a fully serviced, 400-acre industrial site and property near Campbell River. The site use to house a paper and pulp mill up until it was closed in 2010. Work has been underway since then to prepare the site for sale and redevelopment for other industrial uses.