Latest Canfor Corp New (CFPZF) Headlines
Canfor Announces Renewal of Normal Course Issuer Bid
Marketwire - Mon Mar 03, 6:02AM CST
Canfor Corporation (TSX: CFP) announced today that it has received regulatory approval to renew a normal course issuer bid first launched in March, 2013. Under the new bid, the Company may purchase for cancellation up to 6,995,228 Common Shares or approximately 5% of the 139,904,563 Shares outstanding as of February 28, 2014, at prevailing market prices, in accordance with the rules of The Toronto Stock Exchange. The Company repurchased a total of 2,847,838 Shares for cancellation between March 5, 2013 and March 4, 2014 under its prior bid, at a volume weighted average price of $21.05 per Share. The renewed normal course issuer bid will commence on March 5, 2014 and continue until March 4, 2015, unless completed or terminated earlier. Canfor believes the normal course issuer bid is in the best interests of the Company and its shareholders. Purchases of Common Shares made under the bid will be effected through the facilities of the TSX, the Alpha Exchange and through one or more Canadian alternative trading systems.
Canfor Pulp Announces Renewal of Normal Course Issuer Bid
Marketwire - Mon Mar 03, 6:01AM CST
Canfor Pulp Products Inc. (TSX: CFX) announced today that it has received regulatory approval to renew a normal course issuer bid first launched in March, 2013. Under the new bid, the Company may purchase for cancellation up to 3,550,367 Common Shares or approximately 5% of the 71,007,341 Shares outstanding as of February 28, 2014, at prevailing market prices, in accordance with the rules of The Toronto Stock Exchange. The Company repurchased a total of 262,449 Shares for cancellation between March 5, 2013 and March 4, 2014 under its prior bid, at a volume weighted average price of $8.86 per Share. The renewed normal course issuer bid will commence on March 5, 2014 and continue until March 4, 2015, unless completed or terminated earlier. Canfor Pulp believes the normal course issuer bid is in the best interests of the Company and its shareholders. Purchases of Common Shares made under the bid will be effected through the facilities of the TSX, the Alpha Exchange and through one or more Canadian alternative trading systems.
Canfor Sells Quebec Mill
Marketwire - Fri Feb 28, 4:05PM CST
Canfor Corporation (TSX: CFP) announced today that it has entered into a letter of intent with Groupe Lebel Inc. to sell the Daaquam sawmill located in Saint-Just-de-Bretenieres, Quebec. The transaction is expected to close at the end of March, 2014 and is subject to customary closing conditions, including the execution of a formal agreement. The Daaquam mill produced 120 million board feet of lumber in 2013.
North Bay Resources Inc (NBRI): Ruby Mine Progress Report
Marketwire - Fri Feb 14, 8:43AM CST
North Bay Resources Inc. (OTCQB: NBRI) ("North Bay" or the "Company") reports that the first bulk material mined from the White Channel in the Ruby Mine has now been processed.
Canfor Reports Results for Fourth Quarter of 2013
Marketwire - Wed Feb 05, 4:02PM CST
Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders ("shareholder net income") of $28.0 million, or $0.20 per share, for the fourth quarter of 2013, compared to $28.4 million, or $0.20 per share, for the third quarter of 2013 and $21.3 million, or $0.15 per share, for the fourth quarter of 2012. For the year ended December 31, 2013, the Company's shareholder net income was $228.6 million, or $1.61 per share, compared to $26.4 million, or $0.18 per share, reported for 2012.
Canfor Corporation and Canfor Pulp Products Inc. Announce Fourth Quarter Results Conference Call
Marketwire - Wed Jan 15, 5:19PM CST
Canfor Corporation (TSX: CFP) and Canfor Pulp Products Inc. (TSX: CFX) will hold a joint conference call on Thursday, February 6, 2014 at 8:00 AM PST to discuss their respective fourth quarter 2013 financial and operating results. To participate in the call, please dial one of the following numbers:
Canfor Announces Capital Investments in Houston Sawmill
Marketwire - Mon Dec 02, 6:01PM CST
Canfor Corporation (TSX: CFP) announced today that, subject to ratification of the tentative labour agreement between the Company and the United Steelworkers, the Company will proceed with capital investments totaling approximately $36 million to improve efficiency and recovery in its Houston, British Columbia sawmill.
Canfor Corporation Announces a 50/50 Joint Venture With Tangshan Caofeidian Wood Industry Co. Ltd.
Marketwire - Tue Nov 26, 6:01AM CST
Canfor Corporation (TSX: CFP) announces that it has agreed to form a 50/50 joint venture with Tangshan Caofeidian Wood Industry Co. Ltd of China (TCW) to review the potential construction of a secondary manufacturing facility to be located at the deep water Caofeidian Port Tangshan City, Hebei Province, China. The parties will develop a business plan over the next several months to determine the capital necessary to construct the plant. Canfor will enter into a supply agreement with the joint venture.
Canfor Reports Results for Third Quarter of 2013
Marketwire - Wed Oct 30, 4:02PM CDT
Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders ("shareholder net income") of $28.4 million, or $0.20 per share, for the third quarter of 2013, compared to $110.3 million, or $0.77 per share, for the second quarter of 2013 and $20.5 million, or $0.14 per share, for the third quarter of 2012. For the nine months ended September 30, 2013, the Company's shareholder net income was $200.6 million, or $1.41 per share, compared to $5.1 million, or $0.03 per share, reported for the comparable period of 2012.
Canfor Corporation Announces the Closure of Quesnel Sawmill and Tenure Exchange Agreement with West Fraser
Marketwire - Thu Oct 24, 5:00PM CDT
Canfor Corporation (TSX: CFP) announced today that it will permanently close its sawmill located in Quesnel, British Columbia. The Company anticipates that the closure will occur in March, 2014. Canfor's 209 Quesnel-based employees will be offered positions elsewhere in the Company.
Smallcappower.com Daily Investment Idea: Canadian Stocks with Strong 3Q'13 Earnings Include West Fraser Timber Co Ltd, Canfor Corp and AltaGas Ltd
Newsfile Corp - Thu Oct 10, 9:50AM CDT
full story)
Canfor Announces Renewal of Normal Course Issuer Bid
Marketwire - Mon Mar 03, 6:02AM CST
Canfor Corporation (TSX: CFP) announced today that it has received regulatory approval to renew a normal course issuer bid first launched in March, 2013. Under the new bid, the Company may purchase for cancellation up to 6,995,228 Common Shares or approximately 5% of the 139,904,563 Shares outstanding as of February 28, 2014, at prevailing market prices, in accordance with the rules of The Toronto Stock Exchange. The Company repurchased a total of 2,847,838 Shares for cancellation between March 5, 2013 and March 4, 2014 under its prior bid, at a volume weighted average price of $21.05 per Share. The renewed normal course issuer bid will commence on March 5, 2014 and continue until March 4, 2015, unless completed or terminated earlier. Canfor believes the normal course issuer bid is in the best interests of the Company and its shareholders. Purchases of Common Shares made under the bid will be effected through the facilities of the TSX, the Alpha Exchange and through one or more Canadian alternative trading systems.
Canfor Pulp Announces Renewal of Normal Course Issuer Bid
Marketwire - Mon Mar 03, 6:01AM CST
Canfor Pulp Products Inc. (TSX: CFX) announced today that it has received regulatory approval to renew a normal course issuer bid first launched in March, 2013. Under the new bid, the Company may purchase for cancellation up to 3,550,367 Common Shares or approximately 5% of the 71,007,341 Shares outstanding as of February 28, 2014, at prevailing market prices, in accordance with the rules of The Toronto Stock Exchange. The Company repurchased a total of 262,449 Shares for cancellation between March 5, 2013 and March 4, 2014 under its prior bid, at a volume weighted average price of $8.86 per Share. The renewed normal course issuer bid will commence on March 5, 2014 and continue until March 4, 2015, unless completed or terminated earlier. Canfor Pulp believes the normal course issuer bid is in the best interests of the Company and its shareholders. Purchases of Common Shares made under the bid will be effected through the facilities of the TSX, the Alpha Exchange and through one or more Canadian alternative trading systems.
Canfor Sells Quebec Mill
Marketwire - Fri Feb 28, 4:05PM CST
Canfor Corporation (TSX: CFP) announced today that it has entered into a letter of intent with Groupe Lebel Inc. to sell the Daaquam sawmill located in Saint-Just-de-Bretenieres, Quebec. The transaction is expected to close at the end of March, 2014 and is subject to customary closing conditions, including the execution of a formal agreement. The Daaquam mill produced 120 million board feet of lumber in 2013.
North Bay Resources Inc (NBRI): Ruby Mine Progress Report
Marketwire - Fri Feb 14, 8:43AM CST
North Bay Resources Inc. (OTCQB: NBRI) ("North Bay" or the "Company") reports that the first bulk material mined from the White Channel in the Ruby Mine has now been processed.
Canfor Reports Results for Fourth Quarter of 2013
Marketwire - Wed Feb 05, 4:02PM CST
Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders ("shareholder net income") of $28.0 million, or $0.20 per share, for the fourth quarter of 2013, compared to $28.4 million, or $0.20 per share, for the third quarter of 2013 and $21.3 million, or $0.15 per share, for the fourth quarter of 2012. For the year ended December 31, 2013, the Company's shareholder net income was $228.6 million, or $1.61 per share, compared to $26.4 million, or $0.18 per share, reported for 2012.
Canfor Corporation and Canfor Pulp Products Inc. Announce Fourth Quarter Results Conference Call
Marketwire - Wed Jan 15, 5:19PM CST
Canfor Corporation (TSX: CFP) and Canfor Pulp Products Inc. (TSX: CFX) will hold a joint conference call on Thursday, February 6, 2014 at 8:00 AM PST to discuss their respective fourth quarter 2013 financial and operating results. To participate in the call, please dial one of the following numbers:
Canfor Announces Capital Investments in Houston Sawmill
Marketwire - Mon Dec 02, 6:01PM CST
Canfor Corporation (TSX: CFP) announced today that, subject to ratification of the tentative labour agreement between the Company and the United Steelworkers, the Company will proceed with capital investments totaling approximately $36 million to improve efficiency and recovery in its Houston, British Columbia sawmill.
Canfor Corporation Announces a 50/50 Joint Venture With Tangshan Caofeidian Wood Industry Co. Ltd.
Marketwire - Tue Nov 26, 6:01AM CST
Canfor Corporation (TSX: CFP) announces that it has agreed to form a 50/50 joint venture with Tangshan Caofeidian Wood Industry Co. Ltd of China (TCW) to review the potential construction of a secondary manufacturing facility to be located at the deep water Caofeidian Port Tangshan City, Hebei Province, China. The parties will develop a business plan over the next several months to determine the capital necessary to construct the plant. Canfor will enter into a supply agreement with the joint venture.
Canfor Reports Results for Third Quarter of 2013
Marketwire - Wed Oct 30, 4:02PM CDT
Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders ("shareholder net income") of $28.4 million, or $0.20 per share, for the third quarter of 2013, compared to $110.3 million, or $0.77 per share, for the second quarter of 2013 and $20.5 million, or $0.14 per share, for the third quarter of 2012. For the nine months ended September 30, 2013, the Company's shareholder net income was $200.6 million, or $1.41 per share, compared to $5.1 million, or $0.03 per share, reported for the comparable period of 2012.
Canfor Corporation Announces the Closure of Quesnel Sawmill and Tenure Exchange Agreement with West Fraser
Marketwire - Thu Oct 24, 5:00PM CDT
Canfor Corporation (TSX: CFP) announced today that it will permanently close its sawmill located in Quesnel, British Columbia. The Company anticipates that the closure will occur in March, 2014. Canfor's 209 Quesnel-based employees will be offered positions elsewhere in the Company.
Smallcappower.com Daily Investment Idea: Canadian Stocks with Strong 3Q'13 Earnings Include West Fraser Timber Co Ltd, Canfor Corp and AltaGas Ltd
Newsfile Corp - Thu Oct 10, 9:50AM CDT
full story)
