Conifex Provides Operational Updates

VANCOUVER, British Columbia, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it is reducing its operating schedule to a one-shift basis at its Mackenzie, British Columbia sawmill commencing August 29, 2022. The reduction is the result of acute transportation challenges that have afflicted the overall industry since about November 2021, and which continue to persist. The reduced operating schedule is planned for up to six weeks. Conifex will closely assess and adjust the operating schedule as supply chain conditions evolve. It is anticipated that the reduced operating schedule will impact production capacity by approximately 26 million board feet.

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