Conifex Timber announced interest payment on convertible notes
Dec 21, 2012. Conifex Timber Inc. has issued an aggregate of 31,138 common shares in payment of accrued interest on its stepped rate subordinated convertible promissory notes in accordance with the terms thereof.
Dec 21, 2012. /Lesprom Network/. Conifex Timber Inc. has issued an aggregate of 31,138 common shares in payment of accrued interest on its stepped rate subordinated convertible promissory notes in accordance with the terms thereof, as the company said in the press release received by Lesprom Network.
Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing. Conifex's lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Upon completion of its bioenergy facility at Mackenzie, British Columbia, Conifex's business sectors will be expanded to include bioenergy.