Conifex Timber Inc.
TSX : CFF

Conifex Timber Inc.

February 22, 2016 08:02 ET

Conifex Announces Appointment of Director

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 22, 2016) - Conifex Timber Inc. ("Conifex") (TSX:CFF) is pleased to announce that Tom Reed has joined its Board of Directors. Mr. Reed has extensive background and experience in the forest products sector in the U.S. South.

In 2015, Mr. Reed was Vice President of Resources in Plum Creek Timber Inc.'s Atlantic South region and oversaw sustainable forest management in Alabama, Florida, Georgia, South Carolina, Virginia, and North Carolina.

Mr. Reed began his career in 1973 with Champion International, where he was serving as Vice President of Forest Resources when International Paper acquired the company in 2000. He joined Plum Creek Timber Inc. in 2001.

Mr. Reed currently serves as Chairman of Forest Resources Association Inc. and on the boards of the Florida Forestry Association and Georgia Forestry Association, as well as on the Georgia-Alabama Land Trust board.

Ken Shields, Chief Executive Officer of Conifex commented: "Based on the time we have spent with Tom over the past several months, we are pleased to have Tom's industry experience and knowledge available to us, particularly during discussions about the timing and scope of our future expansion into the U.S. South."

About Conifex Timber Inc.

Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex's lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Conifex has expanded its operations to include bioenergy production following the commencement of commercial operations of its power generation facility at Mackenzie, British Columbia.

Forward-Looking Statements

Certain statements in this news release may constitute "forward-looking statements". Forward-looking statements are statements that address or discuss activities, events or developments that Conifex expects or anticipates may occur in the future. When used in this news release, words such as "estimates", "expects", "plans", "anticipates", "projects", "will", "believes", "intends" "should", "could", "may" and other similar terminology are intended to identify such forward-looking statements. Forward-looking statements reflect the current expectations and beliefs of Conifex's management. Because forward-looking statements involve known and unknown risks, uncertainties and other factors, actual results, performance or achievements of Conifex or industry may be materially different from those implied by such forward-looking statements. Forward-looking statements involve significant uncertainties, should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, without limitation: any risk factors described in Conifex's 2014 annual information form, available on SEDAR at www.sedar.com. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should exercise caution in relying upon forward-looking statements and Conifex undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.

Contact Information

  • Conifex Timber Inc.
    Yuri Lewis
    Chief Financial Officer
    (778) 331-8687