Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE:CFF) today
announced that it has completed its previously announced acquisition of Lignum
Forest Products LLP ("Lignum"), a private partnership which operates a lumber
marketing and distribution business. 


Lignum is an established and well respected name in the forestry and lumber
distribution business in British Columbia. Lignum serves customers and
distributes products that are complementary to those of Conifex. Lignum provides
extensive market reach in the North American market through a network of
established inventory locations. 


Ken Shields, Chief Executive Officer of Conifex, commented: "We are pleased to
have Lignum become part of Conifex, and are committed to providing the support
and resources the Lignum team requires to continue to deliver timely and
professional services to its customer base."


Conifex will pay an aggregate purchase price of approximately US$4 million for
Lignum, subject to certain post-closing adjustments, which it is funding from
its existing available cash.


About Conifex Timber Inc. 

Conifex and its subsidiaries' primary business currently includes timber
harvesting, reforestation, forest management, and the manufacture, sale and
distribution of dimension lumber. Conifex's lumber products are sold in the
United States, Chinese, Canadian and Japanese markets. Upon completion of its
bioenergy facility at Mackenzie, British Columbia, Conifex's business sectors
will be expanded to include bioenergy.


Forward-Looking Statements 

Certain statements in this news release may constitute "forward-looking
statements" including the timing and completion of the Transaction.
Forward-looking statements are statements that address or discuss activities,
events or developments that the Company expects or anticipates may occur in the
future. When used in this news release, words such as "estimates", "expects",
"plans", "anticipates", "projects", "will", "believes", "intends" "should",
"could", "may" and other similar terminology are intended to identify such
forward-looking statements. Forward-looking statements reflect the current
expectations and beliefs of the Company's management. Because forward-looking
statements involve known and unknown risks, uncertainties and other factors,
actual results, performance or achievements of the Company or industry may be
materially different from those implied by such forward-looking statements.
Forward-looking statements involve significant uncertainties, should not be read
as a guarantee of future performance or results, and will not necessarily be an
accurate indication of whether or not such results will be achieved. A number of
factors could cause actual results to differ materially from the results
discussed in the forward-looking statements, including the additional matters
described in the Company's most recent Annual Information Form, available on
SEDAR at www.sedar.com. Accordingly, readers should exercise caution in relying
upon forward-looking statements and the Company undertakes no obligation to
publicly revise them to reflect subsequent events or circumstances, except as
required by law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Yuri Lewis
Chief Financial Officer
(778) 331-8687

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