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Catalyst Receives Final TSX Listing Approval And Initiates Program To Assist Small Shareholders

As previously announced, all common shares of Catalyst that were outstanding prior to the reorganization on September 13, 2012 and that were formerly traded under the symbol "CTL" were cancelled pursuant to the reorganization for no consideration and will not be listed on the TSX.

Additional information concerning the SSSP can be obtained by contacting Catalyst's program manager - Canadian Stock Transfer Company Inc. by telephone at (416) 682-3860 or toll-free at 1-800-387-0825, or through e-mail to inquiries@canstockta.com.

Forward-Looking Statements

Certain matters set forth in this news release, including statements with respect to the TSX listing and the small shareholder selling program are forward looking. These forward-looking statements reflect management's current views and are based on certain assumptions including assumptions as to future operating conditions and courses of action, economic conditions and other factors management believes are appropriate. Such forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in these statements, including changes in economic conditions, currency fluctuations and those risks and uncertainties identified under the heading "Risks and Uncertainties" in Catalyst's management's discussion and analysis contained in Catalyst's annual report for the year ended December 31, 2011 and report for the third quarter of 2012, all of which are available at www.sedar.com.

SOURCE Catalyst Paper Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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