Conifex Announces Second Quarter 2026 Results Conference Call and Provides Corporate Update

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentVANCOUVER, British Columbia, July 24, 2026 (GLOBE NEWSWIRE) — Conifex Timber Inc.

(“Conifex”, “we” or “us”) (TSX: CFF) announced today that it plans to release its second quarter 2026 results before market open on Friday, August 14, 2026. Conifex has scheduled a conference call at 9:00 AM Pacific time / 12:00 PM Eastern time on August 14, 2026, to discuss its financial results. To participate in the call, please dial one of the following numbers:Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentToll-Free Access (Canada/US): 1-877-883-0383Participant Elite Entry Number: 1677278Article contentWe apologize, but this video has failed to load.

Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentA copy of the call transcript will be available upon request.Article contentTop StoriesGet the latest headlines, breaking news and columns.

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Article contentConifex also announced today that it has secured additional bridge funding from its existing lumber business lender, while it continues to progress funding opportunities from government financing initiatives. There can be no guarantee that additional financing from these initiatives will be available to Conifex on reasonable terms, or at all.Article contentConifex continues to assess the optimal timing and plan for the restart of its sawmill, planer and power operations.

The restart of Conifex’s Mackenzie operations has taken longer than previously anticipated, reflecting, among other things, the additional time required to advance the government financing processes, together with the transition of Conifex’s log harvesting program from its traditional northern summer program to a southern truck-haul program, the timing of which is dependent on weather conditions and other operational factors.Article content“We recognize the impact this extended downtime has meant for our employees, the community of Mackenzie, local First Nations and our other stakeholders, and we appreciate their continued patience and support,” said Andrew McLellan, President and Chief Operating Officer. “The additional bridge from our existing lender provides important financial support while we continue to advance the government financing initiatives.

We remain focused on restarting our Mackenzie operations in a manner that supports the long-term sustainability of our business, which is the best outcome for our employees, forest-dependent communities, shareholders and our other partners.”Article contentArticle contentFor further information, please contact:Article contentTrevor PrudenChief Financial Officer(604) 216-2949Article contentAbout Conifex Timber Inc. Article contentConifex and its subsidiaries’ primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution.

Conifex’s lumber products are sold in the United States, Canadian and Japanese markets. Conifex also produces bioenergy at its power generation facility at Mackenzie, B.C.

Article contentForward-Looking StatementsArticle contentCertain 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: the availability and use of credit facilities or proceeds therefrom; our level of liquidity and our ability to service our debts; the growth and future prospects of our business; our expectations regarding our results of o