Orenda to Reveal Choice of Pulp Mill Site Today
i'"',:.:~" .! :i ,:;~r~c-:.:,r'~i'.: F:,.'..J. ]. c~;., ,~:!:i, ,? :;, C ..... :i. i:?, "~'.:l I'" /EDNESDAY, JULY 3, !991 , "C.. ~..'-" r --.. ........ 'oi.' 7, Issue No. 27 II II Phone 635-7840 |1 Fax 635-7269 I I Serving the communities of Terrace, Thornhill, Usk,. arvale, Kitwanga, Mezladin, Stewart and the Nass Valley 7s cents pin8 GST Orenda to reveal choice of pulp mill site today Orenda Forest Products will end several weeks of speculation today by announcing a new site for its proposed pulp and paper mill The announcement Is expected at 1:30 p.m., a time chosen by company management to coincide with the close of trading in eastern Canadian and U.S. stock markets. Orenda is a publicly- traded company. Company officials declined to give any hint of the location. ..................;:%i Orenda originally chose the Swan Lake area near Mmindin Junction as the preferred site for the mm proposaL The company iiiiiii;:~ .i:ii~i! filed a prospectus based on that site sek~'tion in November of last ~ i/i:!: year, but recently Orenda vice president, Frank Foster said they ~/ :I~ :il had been glven "verbal Indlcations". by government offlOnln that Process, He said the pr~pectus would have to be extenslvely reworked because many of the premises'-wem?~c- -,,~ --- to the Swan Lake location. Orenda president Hugh Cooper indicated two weeks ago that the new site would be "closer to population areas and ingrastrue. tune. Health Care Society optimistic despite ~i,.i :iii'i hospital bed closure by Ted Straehan expect anytidng to happen immedi- and err ately but it appears now the minis.
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