Western Forest Products and Tla’amin Nation Announce Milestone Agreement for the Purchase and Sale of Western’s Stillwater Forest Operation
Globenewswire·2026-02-19 21:30
TLA’AMIN TERRITORY, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western”) and Qwoqwnes Forestry Holdings Limited Partnership, an entity beneficially owned and controlled by Tla’amin Nation (“Qwoqwnes”), have reached an agreement for the purchase by Qwoqwnes of a 100% ownership interest in the assets comprising Western’s Stillwater Forest Operation, located near Powell River, British Columbia (“BC”), for an aggregate purchase price of $80.0 million (the “Transaction”). The Sti ...