This is what you do if you want to retire shares quickly CFF was trading at $1.76 when this news came out
Conifex offers to retire $9-million of shares at $2.25
2021-11-09 14:11 ET - News Release
Mr. Winny Tang reports
CONIFEX ANNOUNCES $9.0 MILLION SUBSTANTIAL ISSUER BID
Conifex Timber Inc.'s board of directors has approved a substantial issuer bid pursuant to which the company will offer to purchase from shareholders for cancellation up to 4.0 million of its outstanding common shares at a price of $2.25 per share for a total of $9.0-million. The purchase price represents a 28-per-cent premium over the closing price of the shares on the Toronto Stock Exchange on Nov. 8, 2021.