Monday, April 24, 2017 11:15 am

VANCOUVER, BRITISH COLUMBIA -- Fortress Paper Ltd. announced that, effective April 24, 2017, the Company's common shares will commence trading on the OTCQX® Best Market in the United States under the symbol "FTPLF". Fortress Paper's common shares continue to trade on the Toronto Stock Exchange under the symbol "FTP".

Yvon Pelletier, Chief Executive Officer and President of Fortress Paper, commented, "In response to growing international interest in Fortress Paper, we have endeavored to improve visibility and access to Fortress Paper's common shares for investors outside of Canada. We believe that the OTCQX platform will expand Fortress Paper's exposure and liquidity in the United States by offering interested investors additional access to information and buying and trading our common shares."

"We are pleased to welcome Fortress Paper to OTCQX," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "OTCQX provides an efficient and transparent United States trading market for Canadian companies that are looking to expand their visibility and shareholder base in the United States. We look forward to supporting Fortress Paper and its shareholders in the public markets."

Information relating to Fortress Paper as well as Real-Time Level 2 quotes for Fortress Paper will be available on www.otcmarkets.com.