Canfor responds to Great Pacific Capital Corp.’s Announcement of its Unsolicited Proposal to Take Canfor Private

EUGENE, OR, Aug. 12, 2019 (Random Lengths) -Canfor Corporation (TSX:CFP) (“Canfor”) confirms that, on August 10, 2019, it received an unsolicited and non-binding proposal from Great Pacific Capital Corp. (“Great Pacific”) pursuant to which Great Pacific has suggested that it would be willing to acquire all outstanding common shares of Canfor (excluding those already directly or indirectly owned by Great Pacific) at a price of $16.00 per common share (the “Indicative Offer”).

Canfor cautions its shareholders and potential investors that the Indicative Offer is non-binding on Great Pacific and there can be no certainty that the Indicative Offer or any other ...

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