Conifex Announces Secured Term Loan with BDC under the Softwood Lumber Guarantee Program


Forward-Looking Statements
Certain statements in this news release may constitute “forward-looking statements”. Forward-looking statements are statements that address or discuss activities, events or developments that Conifex expects or anticipates may occur in the future. When used in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “projects”, “will”, “believes”, “intends” “should”, “could”, “may” and other similar terminology are intended to identify such forward-looking statements. Forward-looking statements reflect the current expectations and beliefs of Conifex’s management. Because forward-looking statements involve known and unknown risks, uncertainties and other factors, actual results, performance or achievements of Conifex or the industry may be materially different from those implied by such forward-looking statements. Examples of such forward-looking information that may be contained in this news release include statements regarding expected operating configurations. Material factors or assumptions that were applied in drawing a conclusion or making an estimate set out in the forward-looking statements may include, but are not limited to, among others, our future debt levels; that we will complete our projects in the expected timeframes and as budgeted; that we will effectively market our products; that capital expenditure levels will be consistent with those estimated by our management; our ability to obtain and maintain required governmental and community approvals; the impact of changing government regulations and shifting political climates; that current demand for lumber will continue to be in balance with supply; that transportation services by third party providers will continue uninterrupted; our ability to ship our products in a timely manner; that there will be no unforeseen disruptions affecting the operation of our Mackenzie power plant and that we will be able to continue to deliver power therefrom; our ability to obtain financing on acceptable terms, or at all; that interest and foreign exchange rates will not vary materially from current levels; the general health of the capital markets and the lumber industry; and the general stability of the economic environments within the countries in which we operate or do business. Forward-looking statements involve significant uncertainties, should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, without limitation, the availability of government financing or other funding; and other risk factors detailed in our filings with the Canadian Securities Regulatory Authorities available on SEDAR+ at www.sedarplus.ca. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should exercise caution in relying upon forward-looking statements and Conifex undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.



Source link

  • Related Posts

    Gold, silver plunge amid US-Iran stalemate

    What happened: Gold (GC=F) futures tumbled more than 2% on Tuesday while silver (SI=F) fell 3%. What’s behind the move: Precious metals were under pressure as investors priced in the…

    Trump speaks at White House welcome ceremony for King Charles and Queen Camilla

    IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Trump welcomes King Charles: ‘Wounds of war healed into the most cherished friendship’…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Oddity and Hokum director Damian McCarthy reveals plans for his final (and scariest) horror movie

    Oddity and Hokum director Damian McCarthy reveals plans for his final (and scariest) horror movie

    LIVE: PSG vs Bayern Munich – Champions League semifinal first leg | Football News

    LIVE: PSG vs Bayern Munich – Champions League semifinal first leg | Football News

    Child dies after fall from apartment window in Ottawa: police – Ottawa

    Child dies after fall from apartment window in Ottawa: police – Ottawa

    25 Years After Emirates Took Delivery Of Its First A380, The Quadjet Is Still The Backbone Of Its Long-Haul Network

    25 Years After Emirates Took Delivery Of Its First A380, The Quadjet Is Still The Backbone Of Its Long-Haul Network

    Chanel Cruise 2027 Ready-to-Wear Runway, Fashion Show & Collection Review

    Chanel Cruise 2027 Ready-to-Wear Runway, Fashion Show & Collection Review

    Gold, silver plunge amid US-Iran stalemate

    Gold, silver plunge amid US-Iran stalemate