Conifex lender PenderFund boosts credit facility by $4M

Executive Summary

• Conifex Timber Inc. announced the schedule for its Third Quarter 2025 financial results, to be released before market open on November 14, 2025, accompanied by a conference call.
• The company secured an increase of $4.0 million to its existing credit facility with PenderFund Capital Management Ltd., raising the total aggregate principal amount available to approximately $35 million.
• Conifex intends to utilize the additional credit line to repay existing obligations using cash released from working capital and proceeds from future financings, though no guarantee was provided regarding the availability of such financing.

Key Details

• Earnings Schedule: Third Quarter 2025 results will be released before market open on Friday, Nov. 14, 2025.
• Conference Call Details:
  • Date: Nov. 14, 2025.
  • Time: 8 a.m. Pacific Time / 11 a.m. Eastern Time.
  • Toll-free (Canada/US): 1-877-704-4453.
  • Local dial-in: 1-201-389-0920.
  • Instant Replay: Available until Nov. 28, 2025.
  • Replay Toll-free: 1-844-512-2921 or 1-412-317-6671 (Access ID: 13755952).
• Credit Facility Update:
  • Lender: PenderFund Capital Management Ltd.
  • Increase Amount: $4.0 million.
  • New Aggregate Principal Available: Approximately $35 million (subject to conditions).
• Use of Proceeds/Repayment Strategy: Conifex expects to repay the additional amount via cash released from working capital and proceeds from one or more additional financings.
• Risk Disclosure: The company stated there is no guarantee that additional financing will be available on reasonable terms, if at all.

Notable Quotes

• No direct quotes from executives were included in the provided text.