DEALER MANAGER AGREEMENTDealer Manager Agreement • March 3rd, 2008 • Catalyst Paper Corp • Paper mills • British Columbia
BMO Nesbitt Burns Inc. and Genuity Capital Markets (collectively, the “Dealer Managers”, “we” and other pronouns indicating the Dealer Managers) understand that Catalyst Paper Corporation (“Catalyst” or, the “Company”) intends to issue fully transferable and divisible rights (the “Rights”) to holders (“Shareholders”) of its common shares (“Common Shares”) of record as at the close of business on March 11, 2008 (the “Record Date”) to acquire subscription receipts of the Company (the “Subscription Receipts”), each Subscription Receipt being automatically convertible into one Common Share upon the closing of the Snowflake Acquisition (as defined below), to raise proceeds of $125,302,021 to be used to fund a portion of the purchase price of the Snowflake Acquisition. Each Shareholder of record at the close of business on the Record Date will receive one Right for each Common Share held. Every 1.285 Rights held will entitle the holder (provided that such holder is resident in an Eligible Ju
SUBSCRIPTION RECEIPT AGREEMENT Providing for the Issue of Subscription Receipts BETWEEN CATALYST PAPER CORPORATION - and - BMO NESBITT BURNS INC. on its own behalf and on behalf of the Standby Purchasers (as defined herein) - and - THIRD AVENUE TRUST,...Subscription Receipt Agreement • March 3rd, 2008 • Catalyst Paper Corp • Paper mills • British Columbia
CATALYST PAPER CORPORATION, a corporation incorporated under the laws of Canada, with its head office in the City of Richmond, British Columbia (hereinafter referred to as the “Corporation”)
