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Conifex Timber Inc CFXTF


Primary Symbol: T.CFF

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.


TSX:CFF - Post by User

Comment by TradeTraceron Dec 22, 2021 3:19pm
138 Views
Post# 34255758

RE:RE:RE:Cashing in shares

RE:RE:RE:Cashing in shares
I hear that, but it definitely took me for a surprise to see that number of shares put up As for your shares not being selected you might be wrong. I read on the SEC they have upto 10 days from the 20th to give the cash for shares tendered. The way I read it to is because it was (way) oversubscribed they are taking 16% of all stockholders tendered holdings Just for example; one tendered 10,000 shares they should expect to receive the money for 1600 shares (roughly $3600) Probably the best way of going about things because I know I called my brokerage end of November to tender my shares and for whatever reason was told to wait till the week of December 6th before they could proceed. It would definitely irk people if some got to "jump the line"
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