Richmond, British Columbia, Canada 29 June 2018 -- Catalyst Paper ("Catalyst") announced today that it has completed the sale of the company's U.S. operations to ND Paper LLC, a wholly owned subsidiary of Nine Dragons Paper, a Hong Kong Stock Exchange listed company, for proceeds of US$175 million as previously announced on May 25, 2018.

The transaction includes Catalyst's Rumford, Maine and Biron, Wisconsin mills along with the Company's U.S. operations center in Dayton, Ohio.

"We're pleased to have completed the sale of our U.S. operations to ND Paper," said Ned Dwyer, Catalyst President and CEO. "The net proceeds of the sale will be used to re-pay a significant share of our debt."

Catalyst's B.C. operations, including the company's pulp and paper mills in Crofton, Port Alberni and Powell River, its Surrey Distribution Centre and Seattle sales office, are unaffected by the transaction.

About Catalyst Paper

Catalyst Paper manufactures diverse papers such as coated and uncoated groundwood, newsprint, directory, packaging as well as market pulp. Customers include retailers, publishers, commercial printers and convertors in North America, Latin America, the Pacific Rim and Europe. Catalyst is headquartered in Richmond, British Columbia, Canada.

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EMPLOYMENT OPPORTUNITIES:

* We are looking for a Production Shift Team Leader to maintain high standards, plus ensure safety policies and regulations for a company located close to Chicago's Midway Airport. If you are experienced team leader who has a four-year degree in an engineering/technical field (paper science degree preferred, and experience in recycled linerboard or corrugating medium paper mills is a plus), we are looking for someone like you! If you are interested or would like more information, please contact Jim Thompson at: jthompson@taii.com Ph. 678-206-6010 Cell: 404-822-3412.

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* An expanding company is looking for a Corporate Industrial Electro-Mechanical Engineer near Allentown, PA. Relocation is available. Do you have a storied list of unique electrical and mechanical engineering skills you're ready to take to the next level? Do you envision yourself in a corporate-level leadership role that your experience finally merits? And do you relish any opportunity to troubleshoot and solve real-time problems, all while designing and installing new services and systems that will not only ensure safety, but also turn a potentially hazardous work environment into a continuously thriving one? If you are interested or would like more information, please contact Jim Thompson at: jthompson@taii.com Ph. 678-206-6010 Cell: 404-822-3412.

* An expanding company is looking for hands-on Electro Mechanical Maintenance Techs in Conyers, Georgia. Preference will be given to candidates with higher education and additional certificates or training. You must be able to work any shift. Pay is negotiable with excellent perks and benefits. Relocation assistance is available to the right candidate. If you are interested or would like more information, please contact Jim Thompson at: jthompson@taii.com Ph. 678-206-6010 Cell: 404-822-3412.

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