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Workers that Unifor represents at seven Resolute Forest Products' pulp and paper mills in Canada vote to approve new contract reached last week; union says 89.5% voted in favor of four-year master agreement that includes average wage increases of 20%-24%

Resolute's tissue mills in Sanford and Hialeah, Florida, join SolarTogether, an emissions-free energy program offered by Florida Power & Lighting; company expects total annual reduction in GHG emissions of about 7,000 tonnes of CO2 equivalent in 2022

Resolute Forest Products reaches agreement-in-principle for four-year labor agreement with Unifor union that covers about 700 hourly employees at seven Resolute pulp, paper mills in Quebec, Ontario; agreement-in-principle subject to member ratification

CIBC maintains Resolute at outperformer, lifts target US$3 to US$19 on higher estimates; RFP has significant leverage to favorable supply/demand lumber fundamentals, and poised to continue harvesting cash flows from legacy paper assets over next few years

Resolute Forest Products' Q1 net income more than doubles year-over-year to US$210M, as sales grow 8% to US$945M; slower transportation network improvements led to lower sales volume, higher inventory levels, offsetting favorable pricing in all segments

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