🟢 Mercer International is trading 48.47% up today after Canada committed C$20 million to mill modernization

Mercer International is trading at $0.61 (+48.47%) after Canada committed C$20 million to modernize its Peace River mill.

• The package includes C$1 million in non-repayable funding and C$19 million in repayable funding beginning in 2031.
• The investment targets lower production costs, emissions reductions, improved output, and stronger competitiveness.
• The sharp early-session move follows the August 26 announcement and is directly company-specific; no reliable volume figure was provided.