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May 01, 2013
Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders (“shareholder net income”) of $61.9 million, or $0.43 per share, for the first quarter of 2013, compared to $21.3 million, or $0.15 per share, for the fourth quarter of 2012 and a shareholder net loss of $18.0 million, or $0.13 per share, for the first quarter of 2012.
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Apr 08, 2013
Canfor Corporation (CFP:TSX) will hold its Annual General Meeting at 2:00 PM PDT Wednesday, May 1, 2013 in Prince George, BC at the Prince George Playhouse Theatre, 2833 Recreation Pl.
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Mar 01, 2013
Canfor Corporation announced today that it has received regulatory approval for a normal course issuer bid to purchase for cancellation up to 7,137,621 Common Shares or approximately 5% of the 142,752,431 Shares outstanding on February 25, 2013, at prevailing market prices in accordance with the rules of The Toronto Stock Exchange. The normal course issuer bid will commence on March 5, 2013 and continue until March 4, 2014, unless completed or terminated earlier. Canfor believes the normal course issuer bid is in the best interests of the company. Purchases of Common Shares made under the bid will be effected through the facilities of the TSX, alternative trading systems, or as otherwise previously approved by the TSX.
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Feb 14, 2013
Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders (“shareholder net income”) of $21.6 million, or $0.15 per share, for the fourth quarter of 2012, compared to $22.2 million, or $0.16 per share, for the third quarter of 2012 and a shareholder net loss of $44.1 million, or $0.31 per share, for the fourth quarter of 2011. For the year ended December 31, 2012, the shareholder net income was $32.1 million, or $0.22 per share, compared to a net loss of $56.6 million, or $0.40 per share, for 2011.
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Jan 21, 2013
Canfor Corporation (CFP:TSX) and Canfor Pulp Products Inc. (CFX:TSX) will hold a joint conference call on Friday, February 15, 2013 at 7:30 AM PST to discuss their respective fourth quarter 2012 financial and operating results.
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Jan 18, 2013
Canfor Corporation (TSX:CFP) announced today that the Company will be proceeding with capital improvement projects totalling approximately $40 million to increase productivity and recovery at its sawmill in Mackenzie, British Columbia (B.C.).
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Dec 17, 2012
Canfor Corporation (TSX:CFP) announced today that the Company will proceed with capital investments totaling an estimated $40 million in its Elko sawmill, located in the Kootenay region of British Columbia (B.C.). This investment is part of a multi-year capital investment program aimed at enhancing productivity and cost performance across the company.
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Nov 28, 2012
Canfor Corporation (TSX: CFP) announced today that it has entered into a Letter of Intent with Louisiana-Pacific Corporation (NYSE: LPX) to sell Canfor’s 50 percent share in the Peace Valley Oriented Strand Board (OSB) joint venture in Fort St. John, B.C. By completing this sale, LP will become the sole owner of the Peace Valley OSB mill.
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Oct 31, 2012
Canfor Corporation officially reopened its operations at Radium Hot Springs, B.C. on October 29, following a $38.5-million capital investment to upgrade the sawmill and build a new planer mill. When the mill is running at full capacity in 2013, it is expected to produce 240 million board feet annually and directly employ 144 people.
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Oct 23, 2012
Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders (“shareholder net income”) of $22.2 million, or $0.16 per share, for the third quarter of 2012, compared to $4.5 million, or $0.03 per share, for the second quarter of 2012 and a shareholder net loss of $21.6 million, or $0.15 per share, for the third quarter of 2011. For the nine months ended September 30, 2012, the shareholder net income was $10.5 million, or $0.08 per share, compared to net loss of $12.5 million, or $0.09 per share, for the comparable period of 2011.
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