Jun 07, 2013. /Lesprom Network/. Conifex Timber Inc. has issued 1,819 common shares (the "Common Shares") of the Company at a deemed price of $8.50 per Common Share pursuant to a retirement arrangement with a former employee, as the company said in a press release received by Lesprom Network. 

The Common Shares are subject to a four-month hold period from the date of issue. The TSX Venture Exchange has previously accepted the issuance of such Common Shares.

Conifex Timber Inc. and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, and the manufacture, sale and distribution of dimension lumber.