Conifex Timber (CFF) has notable insider buying

Conifex Timber (T:CFF)

Thomas Reed, a Director, acquired 10,000 Common Shares on a direct ownership basis at prices ranging from $2.253USD and $2.270USD through the public market on June 2nd, 2017. This represents a $30,642 investment into the company's shares and an account share holdings change of 28.6%.

Conifex Timber Inc. is a forestry company. The Company's segments include Lumber, Bioenergy and Corporate & other. The Lumber segment's primary activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and lumber finishing. In its Lumber segment, the Company owns three sawmill complexes in British Columbia, one in Fort St. James and two in Mackenzie. The Company markets and distributes its lumber products through its subsidiaries, Conifex Fibre Marketing Inc., Lignum Forest Products LLP and Navcor Transportation Services Inc. Its lumber products are sold in the United States, Chinese, Canadian and Japanese markets. The Bioenergy segment's primary activities are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts. In its Bioenergy segment, its subsidiary, Conifex Power Limited Partnership, owns and operates the Mackenzie Plant in Mackenzie, British Columbia.