TORONTO, Feb. 9, 2022 /CNW/ - GreenFirst Forest
Products Inc. (TSXV: GFP) ("GreenFirst") is pleased to announce
that it has received approval for the up-listing of
GreenFirst's common shares (the "Common Shares") to the Toronto
Stock Exchange (the "TSX").
The Common Shares will commence trading on the TSX at the
opening of the markets on February 10,
2022. Upon listing on the TSX, the Common Shares will
continue to trade under the symbol "GFP" and will be delisted from
the TSX Venture Exchange. Shareholders will not be
required to take any action in connection with the graduation and
listing on the TSX.
"Graduating to the TSX big board is the logical next
step in our plan to become a leading forestry company," said
Paul Rivett, Chairman of the Board.
"We are very thankful to the entire GreenFirst team for the
tireless effort since our key strategic acquisition; we are only
just beginning to see the potential for this great company. Our
team will continue to seek opportunities to grow our business and
increase investor awareness for the benefit of all of our
shareholders."
About GreenFirst
GreenFirst is a forest-first
business, focused on sustainable forest management and lumber
production. We believe that responsible forest practices, coupled
with the long-term green advantage of lumber, provide GreenFirst
with significant cyclical and secular advantages in building
products. GreenFirst has seven Sawmills in Ontario and Quebec and one Paper Mill in Ontario. GreenFirst's long-term vision is to
be an environmental leader in the global forestry industry.
For more information, please visit: www.greenfirst.ca.
Forward Looking Information
Certain information in
this news release constitutes forward-looking statements under
applicable securities laws. Any statements that are contained in
this news release that are not statements of historical fact are
forward-looking statements. Forward looking statements are often
identified by terms such as "may", "should", "anticipate",
"expect", "potential", "believe", "intend", "estimate" or the
negative of these terms and similar expressions. Forward-looking
statements are based on certain assumptions and, while GreenFirst
considers these assumptions to be reasonable, based on information
currently available, they may prove to be incorrect. In addition,
forward-looking statements necessarily involve known and unknown
risks, including those set out in GreenFirst's public disclosure
record filed under its profile on www.sedar.com. Readers are
further cautioned not to place undue reliance on forward-looking
statements as there can be no assurance that the plans, intentions
or expectations upon which they are placed will occur. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement and reflect our expectations as of the
date hereof, and thus are subject to change thereafter. GreenFirst
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
Neither TSXV nor its Regulation Services Provider (as that
term is defined in policies of the TSXV) accepts responsibility for
the adequacy or accuracy of this news release.
SOURCE GreenFirst Forest Products Inc.