Category: Forest and Paper Products

Conifex Announces Note Financing and Provides Corporate Update

Conifex Announces Note Financing and Provides Corporate Update

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/10/14 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX: CFF) today provides the following corporate update.Proposed Private Placement of Convertible Subordinated NotesConifex announced today a proposed private placement of approximately $12 million aggregate principal amount of unsecured subordinated convertible notes due December 15, 2016 (the "Notes"). The Company primarily intends to use the net proceed

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West Fraser Timber Co. Ltd. („WFT“): Dividend Notice

West Fraser Timber Co. Ltd. („WFT“): Dividend Notice

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/09/14 — The Board of Directors of West Fraser (TSX: WFT) has declared a quarterly dividend of $0.07 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 12, 2015 to shareholders of record on December 22, 2014.Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividen

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WestBond Grants Stock Options

WestBond Grants Stock Options

DELTA, BRITISH COLUMBIA — (Marketwired) — 12/03/14 — WestBond Enterprises Corporation ("WestBond") (TSX VENTURE: WBE) announces that it has granted incentive stock options to purchase up to 2,000,000 Common shares in the capital of the Company at a price of $0.09 per share until December 3, 2019. The optionees include directors, officers and employees of WestBond.Gennaro Magistrale, President of WestBond of 101 – 7403 Progress Way, Delta, British Columbia V4G 1E7, was granted opti

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Fortress Paper Announces Definitive IQ Loan Amendment

Fortress Paper Announces Definitive IQ Loan Amendment

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/03/14 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) is pleased to announce today that its wholly-owned subsidiary, Fortress Specialty Cellulose Inc. ("FSC"), has entered into a definitive amendment agreement with Investissement Quebec ("IQ") in respect of its C$102.4 million project financing loan with IQ (the "IQ Loan") relating to its mill located in Thurso, Quebec (th

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Continental Materials Corporation Reports Unaudited Fiscal Third Quarter Results

CHICAGO, IL — (Marketwired) — 11/18/14 — Continental Materials Corporation (NYSE MKT: CUO) today reported a net loss of $4,093,000 for the third quarter ended September 27, 2014 or $2.48 per diluted share compared to the net loss of $242,000 or 15 cents per diluted share for the third quarter ended September 28, 2013. The operating loss in the third quarter of 2014 was $6,517,000 compared to an operating loss of $337,000 in the third quarter of the prior year. The operating loss in the third

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Fortress Paper Announces Third Quarter 2014 Results

Fortress Paper Announces Third Quarter 2014 Results

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/13/14 — Fortress Paper Ltd. (TSX: FTP) ("Fortress Paper" or the "Company") reported a 2014 third quarter EBITDA loss of $1.5 million. Excluding Fortress Optical Features Ltd. ("Fortress Optical") operations which were sold during the quarter, EBITDA loss for the Company was $1.0 million. The Dissolving Pulp Segment generated EBITDA loss of $1.2 million and the Security Paper Products Segment generated EBITDA of $

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Magenium Solutions Achieves a Microsoft Gold Customer Relationship Management Competency

Magenium Solutions Achieves a Microsoft Gold Customer Relationship Management Competency

Magenium Demonstrates Best-in-Class Capability and Market Leadership Through Proven Technology Success and Customer Commitment

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Bestar Inc. Signs a Merger Agreement and Obtains the Support of Its Principal Shareholders

Bestar Inc. Signs a Merger Agreement and Obtains the Support of Its Principal Shareholders

LAC MEGANTIC, QUEBEC — (Marketwired) — 11/10/14 — Bestar Inc. ("Bestar") (CSE: BES) is pleased to announce that it has concluded a merger agreement today for the privatization of Bestar (the "Merger Agreement"), for a total monetary consideration exceeding $2.7 million.The Merger Agreement provides for the merger of Bestar and 9310-1574 Quebec Inc. ("Nouco") under the Business Corporations Act (Quebec) (the "merger"), establishes the terms and conditi

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Strong U.S. Economy Driving Growth in Wisconsin and Milwaukee – BMO Economics

Strong U.S. Economy Driving Growth in Wisconsin and Milwaukee – BMO Economics

MILWAUKEE, WI — (Marketwired) — 11/07/14 –Wisconsin to add 40,000 jobs (12,000 in Milwaukee) by end of 2016BMO Harris Bank boosts credit to Wisconsin Business Owners by up to $3 BillionA stronger U.S. economy should provide a continued cyclical boost to the economy in Milwaukee, and to Wisconsin more broadly, according to a new report from BMO Economics."The Wisconsin economy is expected to expand 2.2 percent this year, before picking up further to a 2.6 percent pace in 2015 alongside br

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Conifex Announces Third Quarter 2014 Results

Conifex Announces Third Quarter 2014 Results

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/04/14 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX: CFF) today reported net income of $1.1 million or $0.05 per diluted share for the third quarter of 2014 compared to net income of $2.0 million or $0.10 per diluted share for the previous quarter and net loss of $0.1 million or $0.01 per share for the third quarter of 2013. Net income for the first nine months of 2014 was $4.7 million or $0.22 per diluted share

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