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
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
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/30/14 — Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today that, further to its news release on October 12, 2014, based on its current preliminary estimate and initial consultations with its contractors and original equipment vendors, it expects to complete repairs to the damaged equipment and commence commercial operations at the Mackenzie Power Project in the latter half of the first quarter of 2015. Conifex currently expe
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/14/14 — Conifex Timber Inc. ("Conifex") (TSX: CFF) today announced that its wholly-owned subsidiary, Conifex Power Limited Partnership ("CPLP"), commenced its 72 hour run test required to achieve the commercial operation date for the Mackenzie Power Project on Saturday, October 11, 2014. The entire facility performed well and met performance expectations for a period of 24 hours. However, CPLP subsequently halted the test
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/14 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX: CFF) today announced that its wholly-owned subsidiary, Conifex Power Limited Partnership, has completed construction of its Mackenzie, B.C. power generation project (the "Power Plant") and is, in the ordinary course, currently commissioning its various systems and operating the same. Conifex expects that the continuous 72 hour run test required to ach
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/29/13 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE: CFF) announced today that its wholly-owned subsidiary, Conifex Power Limited Partnership ("Conifex Power"), has closed its previously announced secured project financing (the "Project Financing") for its planned 36MW bioenergy power project in Mackenzie, British Columbia (the "Power Project") with a syndicate of four instit
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/05/13 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE: CFF) today reported a net loss of $0.1 million or $0.01 per share for the third quarter of 2013 compared to net income of $2.4 million or $0.12 per share for the previous quarter and a net loss of $3.7 million or $0.19 per share for the third quarter of 2012. Net income for the first nine months of 2013 was $8.5 million or $0.41 per share compared to a
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/15/13 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE: CFF) will hold a conference call on Wednesday, November 6, 2013 at 8:00 AM Pacific Time / 11:00 AM Eastern Time to discuss its third quarter 2013 financial and operating results. To participate in the call, please dial one of the following numbers:Please let the operator know you wish to participate in the Conifex Timber conference call.Following manage
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/18/13 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE: CFF) announced today that it has completed its previously announced senior secured financing (the "Financing") pursuant to which the Company issued promissory notes to investment funds managed by Vertex One Asset Management Inc. in the aggregate principal amount of $30 million.The promissory notes will expire on September 18, 2017, subject to
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/17/13 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE: CFF) announced today that, further to its prior news release, its wholly-owned subsidiary, Conifex Power Limited Partnership ("Conifex Power"), has accepted commitment letters from a syndicate of three institutional lenders led by a Canadian chartered bank for secured project financing (the "Project Financing") for its planned 36MW b
