Canfor Special Committee Provides Process Update

Aug 26, 2019

Canfor Corporation (TSX:CFP) (“Canfor”) announces that the Special Committee of Canfor’s board of directors (the “Special Committee”) has retained Greenhill & Co., Canada, Ltd. (“Greenhill”) as financial advisor to the Special Committee. Greenhill’s mandate will include the preparation of a formal independent valuation of the common shares of Canfor in accordance with Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. Additionally, the Special Committee has retained Osler, Hoskin & Harcourt LLP as its legal counsel.

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