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Fortress Global Enterprises Inc.
2nd Floor,157 Chadwick Court
Phone: (604) 904-2328p:604 904-2328 North Vancouver, BC  V7M 3K2  Canada Fax: (604) 904-2328f:604 904-2328

Filed for Protection from its Creditors under the Companies' Creditors Arrangement Act (Canada) on 12/16/2019
On 12/16/2019, Fortress Global Enterprises Inc., Fortress Specialty Cellulose Inc., Fortress Bioenergy Ltd., Fortress Xylitol Inc., and 9217-6536 Québec Inc. obtained a first day initial order under the Companies' Creditors Arrangement Act ("CCAA") from the Quebec Superior Court (Commercial Division), district of Montréal (the "Court"), granting the Companies creditor protection in order to restructure their affairs.
Deloitte Restructuring Inc. has been appointed as Monitor to oversee the CCAA proceedings.
This company is no longer actively traded on any major stock exchange.

Business Summary
Fortress Global Enterprises Inc, formerly Fortress Paper Ltd, is a Canada-based producer of specialty pulp, security papers and other security related products. The Company operates through two segments: the Dissolving Pulp and the Security Paper Products. The Company operates its dissolving pulp business through the Fortress Specialty Cellulose (FSC) mill located in Thurso, Quebec, Canada, which also operates in the renewable energy generation sector through its cogeneration facility. The Company is engaged in the production of dissolving pulp for viscose/rayon manufacturers in Asia. The Company operates its security paper products business through the Landqart mill located in Switzerland, where it produces banknote, passport, visa and other brand protection and security papers. The FSC mill has an annual production capacity of approximately 200,000 tons of dissolving pulp. The Company offers security composite banknote paper under the brand name, Durasafe.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
IRA CQ
Score
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-Yes----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201912/31/2018Yes----

Industries
SIC Code Description
2621 Paper mills

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board, President, Chief Executive Officer ChadwickWasilenkoff 10/1/2017 8/1/2006
Chief Financial Officer KurtLoewen 8/28/2009 8/1/2006
Finance Director, Corporate Secretary DanialBuckle 8/31/2009 8/31/2009
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
S2G Biochemicals Inc. 4250 Westbrook Mall Vancouver BC Canada
Fortress Specialty Cellulose Inc. 451 Victoria St Thurso QC Canada

Business Names
Business Name
FGE
Fortress Bioenergy Ltd.
Fortress Global Cellulose Ltd.
4 additional Business Names available in full report.

General Information
Number of Employees: 337 (As of 12/31/2018)
Outstanding Shares: 14,971,799 (As of 9/30/2019)
Stock Exchange: TSE
Fax Number: (604) 904-2328
Email Address: info@fortressge.com


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Tuesday, May 26, 2020