Conifex and Hampton Lumber Announce Agreement for Sale of Fort St. James Sawmill

Author's Avatar
Jun 25, 2019
Article's Main Image

VANCOUVER, British Columbia, June 24, 2019 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it has entered into a definitive purchase agreement (the "Purchase Agreement") with Hampton Lumber for the sale of its Fort St. James sawmill and associated forest license. The purchase price is approximately $39 million plus the market value of finished lumber and log inventory at closing.