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Conifex Announces Record Second Quarter Results

2017-08-10 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 10, 2017) - Conifex Timber Inc. ("Conifex", "we" or "us") (TSX:CFF) today reported results for the second quarter ended June 30, 2017. Adjusted EBITDA* in the second quarter of 2017, which excludes countervailing duty ("CVD") deposits of $4.6 million, was a record $14.8 million, compared to $6.1 million in the first quarter of 2017 and $9.0 million in the second quarter of 2016.

Aurvista Gold Corporation Establishes Team of Industry Experts: New Proposed Directors and Vice-President Appointment

2017-07-24 marketwired
MONTREAL, QUEBEC--(Marketwired - July 24, 2017) - Aurvista Gold Corporation ("Aurvista" or the "Company") (TSX VENTURE:AVA)(OTCQB:ARVSF)(FRANKFURT:AV2) is pleased to provide an update as the Company continues to make significant corporate improvements by strengthening the board of directors and leadership group. Aurvista postponed its annual and special meeting of shareholders (see press release June 19, 2017) to ensure that the expanded and enhanced board and advisory committees would fit with the Company's current growth and transformation.

Conifex Announces Second Quarter 2017 Results Conference Call

2017-07-06 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 6, 2017) - Conifex Timber Inc. ("Conifex" or the "Company") (TSX:CFF) announced today that it plans to release its second quarter 2017 results prior to the market open on Thursday, August 10, 2017. The Company has scheduled a conference call at 8:00 AM Pacific time / 11:00 AM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers:

Most actively traded companies on the TSX

2017-06-27 winnipegfreepress
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up 40 cents, or 4.37 per cent, to $9.55 on 5.4 million shares.

Conifex Announces Voting Results

2017-06-20 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 20, 2017) - Conifex Timber Inc. ("Conifex" or the "Company") (TSX:CFF) is pleased to announce that at its annual general and special meeting held today (the "Meeting"), all nominees listed in its management information circular dated May 18, 2017 were elected as directors of the Company.

Report Coverage on Basic Materials Stocks: Tembec, Domtar, Conifex Timber, and Cascades

2017-06-14 accesswire
LONDON, UK / ACCESSWIRE / June 14, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Forest Products industry and that trades on the Toronto Exchanges. This Morning, our team have regrouped these stocks for study: Tembec, Domtar, Conifex Timber, and Cascades. Register for these free reports at:

Resolute Forest says U.S. tariffs behind move to lay off workers

2017-05-16 reuters
Canadian lumber company Resolute Forest Products Inc (RFP.N) said its move to temporarily lay off 1,282 employees was related to the United States' decision last month to impose preliminary anti-subsidy duties on imports of Canadian softwood lumber.

Conifex Announces First Quarter 2017 Results

2017-05-15 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2017) - Conifex Timber Inc. ("Conifex", "we" or "us") (TSX:CFF) today reported results for the first quarter ended March 31, 2017. Adjusted EBITDA* in the first quarter of 2017 was $6.1 million, compared to $9.3 million in the fourth quarter of 2016 and $6.8 million in the first quarter of 2016. Compared to the previous quarter, lumber segment adjusted EBITDA declined by $1.

Softwood lumber dispute fires up trade fight between Canada, US

2017-04-26 themalaymailonline
US Commerce Secretary Wilbur Ross speaks next to Press Secretary Sean Spicer about new tariffs on Canadian softwood lumber from the White House in Washington, April 25, 2017. — Reuters picOTTAWA, April 26 — The United States and Canada faced off yesterday in a renewed battle over softwood lumber that threatened to spill over into multiple other sectors, though President Donald Trump said he did not fear a trade war.

CANADA STOCKS-TSX up with banks, energy stocks; lumber stocks rally

2017-04-25 reuters
TORONTO, April 25 Canada's main stock index touched a two-month high on Tuesday, led by gains for heavyweight financial and energy stocks, while shares of lumber companies rallied after new U.S. import duties on the product came out lower than some investors had expected.

Conifex Announces First Quarter 2017 Results Conference Call

2017-04-12 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 12, 2017) - Conifex Timber Inc. ("Conifex" or the "Company") (TSX:CFF) announced today that it plans to release its first quarter 2017 results prior to the market open on Monday, May 15, 2017. The Company has scheduled a conference call at 8:00 AM Pacific time / 11:00 AM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers:

Conifex Announces Private Placement Closing

2017-03-09 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 9, 2017) - Conifex Timber Inc. ("Conifex") (TSX:CFF) announced today that it has completed its previously announced private placement (the "Private Placement") of 1,600,000 common shares to an existing shareholder at a price of $3.05 per share for total gross proceeds of $4,880,000.

Conifex Announces Closing of Bought Deal Offering

2017-03-08 marketwired
Conifex Timber Inc. ("Conifex") (TSX:CFF) is pleased to announce that it has completed its previously announced bought deal offering (the "Offering"), including the exercise in full by the underwriters of their over-allotment option, resulting in aggregate gross proceeds of $10,522,500. The Offering was conducted by way of a short form prospectus dated March 1, 2017 by a syndicate of investment dealers led by Raymond James Ltd.

Conifex Files Final Prospectus

2017-03-03 marketwired
Conifex Timber Inc. ("Conifex") (TSX:CFF) announced that it has obtained a final receipt dated March 1, 2017 for its short form prospectus, filed with the securities regulatory authorities in all provinces of Canada other than Québec, in connection with its previously announced bought deal offering led by Raymond James Ltd., together with CIBC World Markets Inc. (collectively, the "Underwriters").

Conifex Timber Is Taking Steps To Diversify Its Business During These Good Times

2017-02-25 seekingalpha
CFXTF has had some strong operational performance behind improved operations and a positive lumber pricing environment.

Conifex Announces Upsize to Previously Announced Bought Deal Financing to $9.2 Million and $4.9 Million Concurrent Private Placement

2017-02-17 marketwired
Conifex Timber Inc. ("Conifex" or the "Company") (TSX:CFF) today announced that it has amended the terms of its previously announced bought deal public offering to increase the size of the offering to $9,150,000 (the "Upsized Offering"). Under the terms of the Upsized Offering, a syndicate of investment dealers led by Raymond James Ltd. ("Raymond James") and including CIBC World Markets Inc. (collectively, the "Underwriters") have agreed to purchase, on a bought deal basis, 3,000,000 common shares ("Common Shares") of the Company at a price (the "Issue Price") of $3.

Conifex Announces $8.1 Million Bought Deal Offering and $4.9 Million Concurrent Private Placement

2017-02-16 marketwired
Conifex Timber Inc. ("Conifex" or the "Company") (TSX:CFF) today announced that it has entered into an agreement with a syndicate of investment dealers led by Raymond James Ltd. ("Raymond James") and including CIBC World Markets Inc. (collectively, the "Underwriters") to purchase, on a bought deal basis, 2,662,295 common shares ("Common Shares") of the Company at a price (the "Issue Price") of $3.05 per share for aggregate gross proceeds of $8,120,000 (the "Offering").

Conifex Announces 2016 Fourth Quarter and Annual Results

2017-02-15 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 15, 2017) - Conifex Timber Inc. ("Conifex", "we" or "us") (TSX:CFF) today reported that adjusted EBITDA* in the fourth quarter of 2016 increased to a record $9.3 million from $8.5 million in the previous quarter and $7.3 million in the same quarter of 2015. In 2016, adjusted EBITDA was a record $33.6 million, compared to $7.7 million in 2015. In the fourth quarter of 2016, we had net income of $5.

Conifex Announces Appointment of Director

2017-02-14 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 14, 2017) - Conifex Timber Inc. ("Conifex") (TSX:CFF) is pleased to announce that Janine North has joined its Board of Directors. Ms. North has extensive background and experience in the resource sector, particularly in the northern interior region of British Columbia.

Conifex Announces Fourth Quarter 2016 Results Conference Call

2017-01-18 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 17, 2017) - Conifex Timber Inc. ("Conifex" or the "Company") (TSX:CFF) announced today that it plans to release its fourth quarter 2016 results prior to the market open on Wednesday, February 15, 2017. The Company has scheduled a conference call at 8:00 AM Pacific time / 11:00 AM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers:

Conifex Announces Closing of $130 Million Secured Revolving Credit Facility

2017-01-10 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 9, 2017) - Conifex Timber Inc. ("Conifex") (TSX:CFF) announced today that it has completed its previously announced $130 million secured revolving credit facility (the "Facility") with a syndicate of institutional lenders arranged and led by Wells Fargo Capital Finance Corporation Canada. The Facility is available for a term of 5 years and is secured by substantially all of Conifex's assets (other than its bioenergy segment assets).

BRIEF-Conifex provides El Dorado project and corporate update

2016-12-29 feeds.reuters
* Announced it received syndication lenders take-up for a new $130 million secured revolving credit facility

Conifex Provides El Dorado Project and Corporate Update

2016-12-29 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 28, 2016) - Conifex Timber Inc. ("Conifex") (TSX:CFF) announced today that it has received syndication lenders take-up for a new $130 million secured revolving credit facility (the "Credit Facility") being arranged by a major U.S. bank to fund the modernization and restart of its sawmill complex in El Dorado, Arkansas, as well as to replace and discharge its existing revolving credit facilities and senior notes.

Conifex Provides Corporate Update

2016-12-16 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 16, 2016) - Conifex Timber Inc. ("Conifex") (TSX:CFF) announced today that it has satisfied and discharged in full its outstanding $12 million aggregate principal amount of unsecured subordinated convertible notes issued in 2014 in accordance with the terms and conditions of the indenture governing the notes. In connection with the repayment, Conifex deposited in trust with the note trustee an aggregate amount of $12,420,000, such amount being sufficient to pay in full the aggregate principal amount of the notes and accrued and unpaid interest to the maturity date of December 15, 2016.

Conifex Announces Third Quarter Results

2016-11-09 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 9, 2016) - Conifex Timber Inc. ("Conifex", "we" or "us") (TSX:CFF) today reported results for the third quarter ended September 30, 2016. Adjusted EBITDA* in the third quarter of 2016 was $8.5 million, compared to a record $9.0 million in the second quarter of 2016 and $1.5 million in the third quarter of 2015. Compared to the previous quarter, an improvement in lumber segment adjusted EBITDA of $0.