Mercer International Inc.
New York, New York, USA 19 October 2009 -- Mercer International Inc. (Nasdaq: MERC, TSX: MRI.U) today announced the filing of a universal shelf-registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The statement, when declared effective by the SEC, will allow Mercer to offer and sell, from time-to-time in one or more public offerings, up to USD 200,000,000 of common stock, preferred stock and 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.
Jimmy S.H. Lee, president and chairman, stated, "This filing provides us with the flexibility to take advantage of financing opportunities when market conditions are favorable to us."
The shelf registration statement has been filed with the SEC but has not yet become effective. The securities registered may not be sold, nor may offers to buy be accepted, before the time the statement becomes effective.
Copies of the prospectus included in the shelf registration statement may be obtained from the SEC Web site at www.sec.gov or directly from Mercer by writing to Investor Relations, Suite 2840, 650 West Georgia Street, Vancouver, British Columbia, Canada, V6B 4N8, or by calling (604)-684-1099.
Mercer International Inc. is a global pulp manufacturing company.