Conifex Provides Financial Update

VANCOUVER, British Columbia, March 07, 2024 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today that it has completed a first amendment to credit agreement and accommodation agreement (the "Amendment") with Wells Fargo Capital Finance Corporation Canada ("Wells Fargo"), pursuant to which Wells Fargo agreed, subject to certain terms and conditions, to amend Conifex's existing lumber business credit facility (the "Facility") and provide certain accommodations thereunder.  Following the Amendment, the Facility is secured by substantially all Conifex's lumber business assets.

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