Tuesday, September 17, 2024
In its September 4 announcement regarding the closure of its Plateau and Fort St. John operations, Canfor Corporation (TSX) reiterated its commitment to exploring opportunities to divest portions of its northern BC tenure. This initiative aims to support other BC manufacturers facing similar challenges in accessing economically viable fibre for their operations.
The company has received expressions of interest from several parties and will carefully evaluate its options, engaging in discussions as necessary. In line with standard business practices, Canfor will provide public updates only if and when a significant development occurs.
Forward-looking statements.
Certain statements in this press release constitute “forward-looking statements” which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as “expects”, “anticipates”, “projects”, “intends”, “plans”, “will”, “believes”, “seeks”, “estimates”, “should”, “may”, “could”, and variations of such words and similar expressions are intended to identify such forward looking statements.
These statements are based on management’s current expectations and beliefs and actual events or results may differ materially. There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results
expressed or implied by such statements. Forward-looking statements are based on current expectations and Canfor assumes no obligation to update such information to reflect later events or developments, except as required by law.
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