conifex

Canadian News

Lumber Supplier Canfor Loans $30 Million to Conifex

VANCOUVER, BC - Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor (TSX:CFP) to Conifex Inc., a wholly-owned subsidiary of Conifex Timber (TSX:CFF) is for five years, with the proceeds to be used for general corporate purposes.