Conifex Timber Inc.
TSX VENTURE : CFF

Conifex Timber Inc.

July 31, 2012 20:07 ET

Conifex Announces Second Quarter Results Conference Call

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2012) - Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE:CFF) will hold a conference call on Friday, August 17, 2012 at 8:00 AM Pacific Time / 11:00 AM Eastern Time to discuss its second quarter 2012 financial and operating results. To participate in the call, please dial one of the following numbers:

Toll-Free Access: 877-440-9795

Access: 416-340-8530

Please let the operator know you wish to participate in the Conifex Timber conference call.

Following management's discussion of the quarterly results, the analyst and investment community will be invited to ask questions.

For Instant Replay Access please dial one of the following numbers and enter Participant Pass Code: 8116753#.

Toll-Free Access: 800-408-3053

Access: 905-694-9451

About Conifex Timber Inc.

Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, and the manufacture, sale and distribution of its products. Conifex's lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Upon the expected completion of its bioenergy facility at Mackenzie, British Columbia, Conifex's business sectors will be expanded to include bioenergy.

Conifex's sawmill complex situated in Fort St. James, British Columbia was purchased in August 2008 and commenced operations on a one-shift basis in March 2009. Conifex's two-mill complex situated in Mackenzie, British Columbia was purchased in June 2010. One mill at Mackenzie started up on a one-shift basis in November 2010. Conifex added a second shift at Fort St. James and Mackenzie in late March 2011 and expects to be operating at approximately 65% of capacity on an annualized basis during the second half of 2012. On a combined basis, Conifex now owns sawmills having an annual lumber production capacity of approximately 745 million board feet on a two-shift basis. The sawmill complexes are supported by renewable forestry licences with an allowable annual cut of approximately 1.6 million cubic metres.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

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