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Last updated on April 23, 2014 at 21:24 EDT

Resolute Forest Products Provides Clarity About its Woodlands Operations Near Barriere Lake, Quebec

July 18, 2012

MONTREAL, July 18, 2012 /PRNewswire/ – In light of today’s protest by
members of the Algonquin First Nations in front of Resolute Forest
Products’ headquarters in Montreal, the Company wishes to provide
clarity about its ongoing woodlands operations in the Barrière Lake
area located in the Outaouais region of Quebec.

The wood volume allocation near Barrière Lake was granted to Resolute by
the Quebec Ministry of Natural Resources and Wildlife (QMNRW) under the
terms of the Forest Act of the province of Quebec. This wood allocation
supplies the Company’s sawmill located in Maniwaki.

As per rulings issued by the Supreme Court of Canada, the QMNRW has
developed and implemented a consultation process with First Nations
communities that must be completed before any cutting permit can be
authorized. Resolute’s right to harvest in the area has been approved
by the QMNRW, following appropriate consultation with the Barrière Lake
Algonquin band council.

Resolute has managed woodlands in the Barrière Lake area for four years
and also has several  partnerships with a number of Aboriginal
communities in Quebec and Ontario. The current controversy seems to be
linked to political tensions within the Lake Barrière community, and
Resolute regrets being at the center of this internal dispute. The
Company continues to work collaboratively with local government and
First Nations authorities.

About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products
industry with a diverse range of products, including newsprint,
commercial printing papers, market pulp and wood products. The Company
owns or operates 21 pulp and paper mills and 22 wood products
facilities in the United States, Canada and South Korea. Marketing its
products in more than 90 countries, Resolute has third-party certified
100% of its managed woodlands to sustainable forest management
standards. The shares of Resolute Forest Products trade under the stock
symbol RFP on both the New York Stock Exchange and the Toronto Stock
Exchange.

Resolute and other member companies of the Forest Products Association
of Canada, as well as a number of environmental organizations, are
partners in the Canadian Boreal Forest Agreement. The group works to
identify solutions to conservation issues that meet the goal of
balancing equally the three pillars of sustainability linked to human
activities: environmental, social and economic. Resolute is also a
member of the World Wildlife Fund’s Climate Savers program, in which
businesses establish ambitious targets to voluntarily reduce greenhouse
gas emissions and work aggressively toward achieving them.

SOURCE RESOLUTE FOREST PRODUCTS INC.


Source: PR Newswire