Mercer International Decides Not to Proceed With Share Offering - Global Paper Money

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Mercer International Decides Not to Proceed With Share Offering

New York, New York, USA, 16 June 2006 -- /PRNewswire/ -- Mercer International Inc. (Nasdaq: MERC; TSX: MRI.U) announced today that it has decided not to proceed with its previously announced public offering of its shares because of current market conditions.

Mercer is a global pulp and paper manufacturing company and operates three modern NBSK pulp mills in Germany and Canada with an aggregate annual production capacity of approximately 1.3 million metric tons.

Source: Mercer International Inc.

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