PEACE RIVER, AB (News release) -- Mercer Peace River Pulp Ltd. ("Mercer Peace River") and Woodland Cree First Nation ("Woodland Cree") have signed a historic agreement extending their co-ownership relationship of Peace River Logging. The renewed partnership is a significant step forward for both parties, which extends their positive working relationship and reinforces their commitment to responsible forestry practices. By working together, Mercer Peace River and Woodland Cree have established one of the most successful logging operations in the region.

Mercer and Woodland Cree have co-owned Peace River Logging since 2004, and this new agreement ensures the long-term sustainability of the joint venture and secures the jobs of more than 80 local people.

"Mercer Peace River is committed to working with Indigenous communities and we look forward to continuing our relationship with Woodland Cree First Nation," said Roger Ashfield, Managing Director of Mercer Peace River. "Our partnership with Woodland Cree has been built on mutual respect and a shared vision for a sustainable future. Together, we will continue to be dedicated to sustainable management of forest resources."

"This renewed agreement marks an important milestone in our ongoing partnership with Mercer Peace River. It reflects our commitment to responsible forestry and the economic well-being of the Woodland Cree First Nation," said Chief Isaac Laboucan-Avirom of Woodland Cree First Nation. "While we celebrate the progress we've made together, we also recognize there is more work ahead to ensure that this collaboration continues to grow and benefit our people for generations to come."