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Production / Operations Routine −

Conifex Announces First Quarter 2026 Results Conference Call and Provides Operational Update

Operational Update Confirms H1 Curtailment Plan

By The Northwire Desk — AI Analysis May 01, 2026 · 18:00 CFF · 0.115 CONIFEX TIMBER INC.
Executive Summary
  • Conifex Timber Inc. announced a temporary curtailment of sawmill operations at its Mackenzie, British Columbia facility starting May 19, 2026.
  • The curtailment is expected to last approximately seven weeks with a target restart in July 2026.
  • Supply impact estimated at approximately 25 million board feet due to low log inventory levels and seasonal logging breakup conditions.
  • Logging operations are expected to resume in early June 2026, subject to weather conditions.
  • First Quarter 2026 financial results scheduled for release on May 15, 2026, before market open.
  • Company continues to advance initiatives to broaden available financing options alongside the operational update.
Material Impact
  • The news confirms operational guidance previously outlined in the transcript regarding H1 curtailment and single-shift operations.
  • While negative for production volume, the announcement is not unexpected given the historical context of recurring curtailments (Nov 2025, Dec 2025).
  • Liquidity remains a critical concern; cash position reported at $4.4M in March 2026 against $87.7M debt, with no new financing announced in this release beyond "advancing initiatives".
  • The going-concern disclosure from Q3/Q4 2025 and FY 2025 remains a significant risk factor not resolved by this operational update.
  • Duty/tariff expenses remain the primary driver of losses ($26.1M in FY 2025), with no immediate relief expected until late 2026 administrative reviews.
CFF · Price
Company Overview
  • Conifex Timber operates primarily through its Mackenzie sawmill complex in British Columbia, Canada.
  • Flagship Project: The Mackenzie mill integrates lumber production with bioenergy generation (selling electricity to BC Hydro).
  • Business Model: Produces softwood SPF lumber for export to the U.S., heavily impacted by trade duties and tariffs.
  • Operational Status: Currently transitioning from single-shift/curtailment operations in H1 2026 toward two-shift normalized operations in H2 2026.
Read the original news release →

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May 15, 2026 · 08:00

Conifex’s Mackenzie Mill Halt Spotlights Deepening Cash Crunch as Softwood Duties Consume Liquidity

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Conifex Announces Secured Term Loan with BDC under the Softwood Lumber Guarantee Program

Earnings Nov 28, 2025 · 16:10

Conifex to curtail Mackenzie operations for four weeks

Production / Operations