Sept 3 (Reuters) - Transcontinental Inc TCLa.TO :
* PRESS RELEASE - TC TRANSCONTINENTAL TO SELL FREMONT, CALIFORNIA FACILITY TO HEARST
* TRANSCONTINENTAL INC - PROPOSED DEAL FOR PRICE OF US$75 MILLION.
* TRANSCONTINENTAL - SEES USING NET PROCEEDS FROM SALE TO REDUCE DEBT, IN LINE WITH GOAL OF REDUCING NET INDEBTEDNESS RATIO BELOW 2.0X BY FISCAL 2020 END