Canfor to Sell Mackenzie Assets for $70 Million
March 3, 2022
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Vancouver, BC — Canfor Corporation (TSX:CFP) has entered into a Letter of Intent with McLeod Lake Indian Band and Tsay Keh Dene Nation to sell its forest tenure in the Mackenzie region of British Columbia (BC) and a separate agreement with Peak Renewables to sell its Mackenzie site, plant and equipment for a combined price of $70 million.
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