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    CFF   CA2073241044

CONIFEX TIMBER INC.

(CFF)
  Report
Delayed Toronto Stock Exchange  -  03:59 2022-08-12 pm EDT
2.000 CAD   +1.52%
08/09TRANSCRIPT : Conifex Timber Inc., Q2 2022 Earnings Call, Aug 09, 2022
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08/09Conifex Reports Q2 Net Income of $0.31 Per Share, Announces Stock Buyback
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08/09Conifex Timber Inc. announces an Equity Buyback for 10% of its issued share capital.
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Conifex Announces Voting Results

06/22/2022 | 05:00pm EDT

VANCOUVER, British Columbia, June 22, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex” or the "Company") (TSX: CFF) announced today that at its annual general meeting of shareholders held on June 21, 2022, all management nominees were elected as directors of the Company with a total of 15,198,545 votes cast on the matter. Each of the management nominees were elected by ballot as follows: (i) 15,059,295 votes for Kenneth A. Shields, (ii) 11,689,161 votes for David E. Roberts, (iii) 15,059,295 votes for Michael Costello, (iv) 11,803,161 votes for Janine North, and (v) 11,773,323 votes for Charles P. Miller.

In addition, shareholders approved the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company’s auditor for the ensuing year and authorized the board to fix the auditor’s remuneration.

A report of voting results is also available on SEDAR at www.sedar.com.

For further information, please contact:

Winny Tang
Chief Financial Officer 
(604) 216-6821

About Conifex Timber Inc.

Conifex and its subsidiaries' primary business includes timber harvesting, reforestation, forest management, processing logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex's lumber products are sold in the United States, Canadian and Japanese markets. Conifex also produces bioenergy at its power generation facility at Mackenzie, B.C.


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Source: Conifex Timber Inc

2022 GlobeNewswire, Inc., source Press Releases - Canada

All news about CONIFEX TIMBER INC.
08/09TRANSCRIPT : Conifex Timber Inc., Q2 2022 Earnings Call, Aug 09, 2022
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08/09Conifex Reports Q2 Net Income of $0.31 Per Share, Announces Stock Buyback
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Analyst Recommendations on CONIFEX TIMBER INC.
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Financials
Sales 2022 254 M 199 M 199 M
Net income 2022 - - -
Net Debt 2022 9,70 M 7,58 M 7,58 M
P/E ratio 2022 -
Yield 2022 10,0%
Capitalization 80,4 M 62,8 M 62,8 M
EV / Sales 2022 0,35x
EV / Sales 2023 0,27x
Nbr of Employees 287
Free-Float 80,4%
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Technical analysis trends CONIFEX TIMBER INC.
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 2,00 CAD
Average target price 2,75 CAD
Spread / Average Target 37,5%
Managers and Directors
Kenneth A. Shields Chairman, President & Chief Executive Officer
Winny Tang Chief Financial Officer & Secretary
David E. Roberts Independent Director
Janine North Independent Director
Charles P. Miller Director
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