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VANCOUVER, BC, July 8, 2021 /CNW/ - GreenFirst Forest Products
Inc. (TSXV: GFP) (TSXV: GFP.RT) ("GreenFirst") announces
that its Rights began trading on the TSX Venture Exchange at the
open of trading today under the symbol GFP.RT with a corresponding
FIGI# of BBG011PNB9K4. The Rights are being issued pursuant to
GreenFirst's previously announced rights offering (the "Rights
Offering") for gross proceeds of up to approximately
$167,500,000. The Rights Offering is
being completed in connection with GreenFirst's acquisition of a
portfolio of forest and paper product assets.
GreenFirst has also published a FAQ document on its website
which contains a summary of certain key features of the Rights
Offering. The FAQ document can be accessed by going to:
https://gffp.ca/FAQ. The FAQ document should be read together with,
and is qualified in its entirety by, GreenFirst's final prospectus
dated July 2, 2021. The final
prospectus can be found under GreenFirst's profile on SEDAR at
www.sedar.com.
About GreenFirst
GreenFirst is a forest-first business, focused on
environmentally sustainable forest management and lumber
production. We believe that sustainable forest planting and
harvesting, coupled with the long-term green advantage of lumber,
provide GreenFirst with significant cyclical and secular advantages
in building products. GreenFirst's long-term pursuit is to be a
global leader in environmentally sustainable lumber. For more
information, please visit: www.gffp.ca.
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.