Cambior Completes Public Offering

Cambior Inc. recently completed a public offering of 21,346,154 special warrants for aggregate proceeds of $27.75 million. A final receipt was issued on March 13, 2002 for the prospectus qualifying the common shares and the common shares purchase warrants issuable upon the exercise of the special warrants.

Cambior was represented in-house by Marc Dagenais, vice-president, legal affairs, and André Lebel, senior legal counsel; assisted by René Branchaud, Isabelle Lamarre, Eric Stevenson and Luc Pariseau (tax) of Lavery, de Billy. The underwriters, Sprott Securities Inc., National Bank Financial Inc. and Scotia Capital Inc., were represented by John Vettese, André Boivin and Chad Accursi of Cassels Brock & Blackwell LLP.