Acadian Timber Corp. (TSX:ADN) acquired Approximately 16,000 acres of timberland in New Brunswick for CAD 9 million on March 14, 2024. The consideration was financed through its existing revolving credit facility. The acquisition will allow Acadian to expand its harvesting operations as well as other land use revenue opportunities.

Acadian Timber Corp. (TSX:ADN) completed the acquisition of Approximately 16,000 acres of timberland in New Brunswick on March 14, 2024.