Oct 5 (Reuters) - Cascades Inc CAS.TO :
* CASCADES GREEN-LIGHTS BEAR ISLAND PROJECT AND CONCURRENTLY ANNOUNCES A CAD$125 MILLION BOUGHT DEAL PUBLIC EQUITY OFFERING
* CASCADES INC - UNDERWRITERS WILL PURCHASE ON A "BOUGHT DEAL BASIS", 7.4 MILLION COMMON SHARES AT A PRICE OF $16.80 PER COMMON SHARE
* CASCADES INC - BEAR ISLAND MILL PLANT WILL HAVE AN ANNUAL PRODUCTION CAPACITY OF 465,000 SHORT TONS AND IS SCHEDULED TO START UP IN Q4 OF 2022
* CASCADES INC - BEAR ISLAND MILL WILL OPERATE AT APPROXIMATELY 80% OF CAPACITY BY END OF 2023, REACHING 100% BY END OF 2025
* CASCADES - DURING PROJECT DEVELOPMENT PERIOD, EXPECTS TO LIMIT CAPITAL INVESTMENT ENVELOPE TO ABOUT $200 MILLION ANNUALLY, EXCLUDING BEAR ISLAND PROJECT