Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE:CFF) is pleased to
announce that it has received conditional approval from the Toronto Stock
Exchange ("TSX") for the listing of its common shares on the TSX, subject to the
completion of customary requirements of the TSX, including receipt of all
required documentation. Once final approval is received, the common shares of
Conifex will commence trading on the TSX and be delisted from the TSX Venture
Exchange. Upon listing on the TSX, it is expected that Conifex's common shares
will continue to trade under the symbol "CFF". 


Ken Shields, Chief Executive Officer of Conifex commented: "Conifex's graduation
to the TSX reflects the progress we have made transitioning from purchasing
idled sawmills in 2008 and 2010 to producing 500 million board feet of lumber on
an annual basis. In 2013, our Company generated over $250 million in revenues
and $9 million in net income after tax. Later this year, we plan to complete
construction and commence operation of a power generation facility selling
renewable 'green' electricity to over 20,000 British Columbia residences." 


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
power generation 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 statements with respect to the Company's graduation to
the TSX and the timing of completion and the scope of the power generation
project. 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.
Assumptions underlying the Company's expectations regarding forward-looking
information contained in this news release include, among others: that the
Company will be able to complete all of the requirements for TSX graduation; and
that there will no delays and disruptions affecting the completion of the power
generation project and that the Company will be able to commence timely delivery
of power therefrom. 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 risks related to the Company's ability to meet all exchange
requirements for graduation to the TSX and risks related to the timing and
completion, if at all, of the power generation project, as well as those 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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