Mr. Spencer Bell reports

CONIFEX RECEIVES REGIONAL TARIFF RESPONSE FUNDING

Conifex Timber Inc. has secured up to $11-million in funding from the government of Canada, through Pacific Economic Development Canada, under the Regional Tariff Response Initiative to support modernization and operational improvements at Conifex's Mackenzie sawmill.

The funding consists of a repayable contribution of up to $10-million and a non-repayable contribution of up to $1-million. Together, the contributions are intended to support Conifex's broader modernization program for the Mackenzie sawmill, including investments in equipment, infrastructure and related improvements intended to enhance the mill's productivity, operational efficiency and competitiveness.

About Conifex Timber Inc.

Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing and distribution. Conifex's lumber products are sold in the U.S., Canadian and Japanese markets. Conifex also produces bioenergy at its power generation facility at Mackenzie, B.C.

We seek Safe Harbor.