$CFXTF Polar Acquires Common Shares of Conife
Post# of 273242
Polar Acquires Common Shares of Conifex Timber Inc.
Marketwired - Wed Aug 24, 6:26PM CDT
TORONTO, ONTARIO--(Marketwired - Aug 24, 2016) - On June 17, 2016, Polar Asset Management Partners Inc. ("Polar", on behalf of client accounts over which it has discretionary trading authority, acquired (the "Acquisition" 107,200 common shares ("Shares" of Conifex Timber Inc. (the "Issuer". Since filing an AMR in respect of the Issuer as at April 30, 2016, when Polar, on behalf of client accounts over which it has discretionary trading authority, exercised control or direction over 2,813,833 Shares (representing approximately 13.30% of the outstanding Shares), there has been a net increase of 413,182 Shares over which Polar, has control or direction of, representing a net increase of 1.95% of all outstanding Shares. As at August 24, 2016, Polar, on behalf of client accounts over which it has discretionary trading authority, exercised control or direction over an aggregate of 3,227,015 Shares, representing approximately 15.25% of the outstanding Shares. For the Shares acquired between April 30, 2016 and August 24, 2016, Polar paid an average price of $3.15 per Share, for total consideration of $1,299,598.73 being paid for the Shares acquired in such period.
Conifex Announces Record Second Quarter Results
Marketwire Canada - Thu Aug 04, 7:02AM CDT
Reports Record Adjusted EBITDA and Net Income
CFF.TO: 3.38 (-0.12)
Conifex Announces First Quarter 2016 Results
Marketwire Canada - Thu May 05, 7:02AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 5, 2016) - Conifex Timber Inc. ("Conifex", "we" or "us" (TSX:CFF) today reported results for the first quarter ended March 31, 2016. Adjusted EBITDA* in the first quarter of 2016 was $6.8 million, compared to $7.3 million in the fourth quarter of 2015 and $5.7 million in the first quarter of 2015. In the first quarter of 2016, adjusted EBITDA was negatively affected by a foreign exchange translation loss of $1.1 million compared to foreign exchange translation gains of $0.4 million in the previous quarter and $1.9 million in the first quarter of 2015.
CFF.TO: 3.38 (-0.12)
Conifex Announces Coordinated Harvesting Cooperation Agreement
Marketwired - Tue Apr 12, 4:11PM CDT
Conifex Timber Inc. ("Conifex" (TSX: CFF) announced today that it has completed a timber harvesting cooperation agreement with Dunkley Lumber Ltd. ("Dunkley" to conduct coordinated joint timber harvesting operations on certain portions of Conifex's harvesting areas in the Mackenzie Timber Supply Area. Conifex believes that the coordinated harvesting operations will enhance fibre optimization between the two companies, improve supply chain efficiencies, and contribute to more stable harvest levels in the Mackenzie Timber Supply Area. Conifex also believes that this innovative arrangement with Dunkley can provide additional volumes of affordable feedstock to its power generation unit at Mackenzie through increased utilization of lower quality wood and harvest residuals.
CFF.TO: 3.38 (-0.12)
Conifex Announces First Quarter 2016 Results Conference Call
Marketwired - Mon Apr 04, 5:05PM CDT
Conifex Timber Inc. ("Conifex" or the "Company" (TSX: CFF) announced today that it plans to release its first quarter 2016 results prior to the market open on Thursday, May 5, 2016. The Company has scheduled a conference call at 8:00 AM Pacific time / 11:00 AM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers:
CFF.TO: 3.38 (-0.12)
Conifex Increases Its Revolving Line of Credit to $35 Million and Extends Maturity to 2019
Marketwired - Fri Jan 29, 2:08PM CST
Conifex Timber Inc. ("Conifex" (TSX: CFF) is pleased to announce that it has amended its principal asset-backed revolving line of credit with a Canadian chartered bank to increase its borrowing availability to $35 million from $25 million and extend its maturity date to January 29, 2019.
CFF.TO: 3.38 (-0.12)
Conifex Announces Fourth Quarter and Annual 2015 Results Conference Call
Marketwired - Fri Jan 22, 4:54PM CST
Conifex Timber Inc. ("Conifex" or the "Company" (TSX: CFF) announced today that it plans to release its fourth quarter and annual 2015 results prior to the market open on Monday, February 22, 2016. The Company has scheduled a conference call at 8:00 AM Pacific time / 11:00 AM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers:
CFF.TO: 3.38 (-0.12)
Conifex Announces Third Quarter 2015 Results
Marketwired - Mon Nov 09, 7:02AM CST
Conifex Timber Inc. ("Conifex" or the "Company" (TSX: CFF) today reported a net loss of $5.6 million or $0.26 per share for the third quarter of 2015 compared to a net loss of $13.0 million or $0.62 per share for the previous quarter and net income of $1.1 million or $0.05 per diluted share for the third quarter of 2014. Net loss for the first nine months of 2015 was $17.0 million or $0.81 per share compared to net income of $4.7 million or $0.22 per diluted share over the same period last year.
CFF.TO: 3.38 (-0.12)
Conifex Announces Third Quarter 2015 Results Conference Call
Marketwire Canada - Wed Oct 14, 4:25PM CDT
Conifex Timber Inc. ("Conifex" or the "Company" (TSX:CFF) announced today that it plans to release its third quarter 2015 results prior to the market open on Monday, November 9, 2015. The Company has scheduled a conference call at 8:00 AM Pacific time / 11:00 AM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers:
CFF.TO: 3.38 (-0.12)
Conifex Announces Acquisition of Sawmill Assets in El Dorado, Arkansas
Marketwired - Thu Aug 06, 7:02AM CDT
Conifex Timber Inc. ("Conifex" or the "Company" (TSX: CFF) announced today that it has completed the purchase (the "Purchase" of 100% of the outstanding shares and shareholder loans of a private Delaware company ("AcquisitionCo". The consideration consisted of 100,000 common shares of the Company at a deemed price of CAD$6.75, as well as the reimbursement of certain costs previously incurred by the vendor.
CFF.TO: 3.38 (-0.12)
Conifex Announces Second Quarter 2015 Results
Marketwired - Thu Aug 06, 7:02AM CDT
Conifex Timber Inc. ("Conifex" or the "Company" (TSX: CFF) today reported a net loss of $13.0 million or $0.62 per share for the second quarter of 2015 compared to net income of $1.6 million or $0.08 per diluted share for the previous quarter and net income of $2.0 million or $0.10 per diluted share for the second quarter of 2014. Net loss for the first six months of 2015 was $11.4 million or $0.55 per share compared to net income of $3.6 million or $0.17 per diluted share over the same period last year.
CFF.TO: 3.38 (-0.12)
Conifex Announces Closing of Investment Agreement
Marketwired - Wed Aug 05, 7:01AM CDT
Conifex Timber Inc. ("Conifex" (TSX: CFF) announced today that its wholly-owned subsidiary, Conifex Inc., has closed the previously announced investment agreement with Canfor Corporation (the "Agreement", pursuant to which Conifex Inc. issued a $30,000,000 senior secured note (the "Note" to Canfor.
CFF.TO: 3.38 (-0.12)