Canfor Announces Closing of Vavenby Tenure Transfer
Further to Canfor Corporation’s (the “Company”) news release on February 28, 2020, the Company announces that the transfer of the Vavenby tenure to Interfor is now complete.
The sale of the Vavenby tenure provides the best opportunity for future economic activities and employment in the local communities.
Canfor is a leading integrated forest products company based in Vancouver, British Columbia (“BC”) with interests in BC, Alberta, North and South Carolina, Alabama, Georgia, Mississippi and Arkansas, as well as in Sweden with its recent majority acquisition of Vida Group. Canfor produces primarily softwood lumber and also owns a 54.8% interest in Canfor Pulp Products Inc., which is one of the largest global producers of market northern bleached softwood kraft pulp and a leading producer of high performance kraft paper. Canfor Shares are traded on The Toronto Stock Exchange under the symbol CFP.
Michelle Ward – Director Corporate Communications – email@example.com – (604) 661-5225
Source: Canfor Corporation