Brief: Conifex Announces Delayed Restart At Power Facility

Conifex Timber

15/07/2022 15:45

July 15 (Reuters) - Conifex Timber Inc  CFF.TO :
    * CONIFEX ANNOUNCES DELAYED RESTART AT POWER FACILITY AND
SECOND
QUARTER 2022 RESULTS GUIDANCE
    * CONIFEX TIMBER - DELAY IN RESUMPTION OF OPERATIONS AT ITS
POWER
PLANT IN MACKENZIE, BRITISH COLUMBIA FOLLOWING PREVIOUSLY
DISCLOSED DISPATCH PERIOD
    * CONIFEX TIMBER INC - IN COURSE OF ANNUAL MAINTENANCE OF
POWER
PLANT, DAMAGE TO PLANT'S TURBINE HAS BEEN DISCOVERED
    * CONIFEX TIMBER INC - BOILER, GENERATOR AND OTHER LONG
LEAD-TIME
EQUIPMENT HAVE NOT BEEN IMPACTED
    * CONIFEX TIMBER INC - CONIFEX IS WORKING WITH ITS
CONTRACTORS TO
ASSESS DAMAGES AND REQUIRED WORK PLAN
    * CONIFEX TIMBER INC - DOES NOT CURRENTLY ANTICIPATE POWER
PLANT
TO BE OPERATIONAL DURING Q3 OF 2022
    * CONIFEX TIMBER INC - DELAYED OPERATIONAL RESTART AT POWER
FACILITY IS NOT EXPECTED TO IMPACT SAWMILL OPERATIONS OR
CONIFEX'S POWER PLANT EMPLOYEES
    * CONIFEX TIMBER INC - Q2 OPERATING RESULTS ARE EXPECTED TO
BE AT
LEAST COMPARABLE TO RESULTS ACHIEVED IN Q1 OF 2022

Source text for Eikon:  ID:nGNX25DvdH 
Further company coverage:  CFF.TO 

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