Conifex Timber Inc CFXTF

Primary Symbol: T.CFF

Forest Products Lumber & Wood Production

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.

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Conifex Timber Inc > Cashing in shares

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Comment by TradeTraceron Dec 22, 2021 11:57am

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Post# 34254728

RE:Cashing in shares

Looks like 25 million shares were offered to the tender? Must just about be every shareholder on file taking CFF up on their offer... Trouble with those kind of numbers is it implies someone could come in and buy the company at this more than reasonable valuation (62.5% uptake is close to the 66% needed for shareholder approval) Thoughts?

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A junior copper-gold stock trading at a bargain of monumental proportions