Core Viewpoint - Green Impact Partners Inc. (GIP) announced that the purchaser of its water, waste treatment, and recycling facilities has failed to meet closing obligations, leading the company to consider all available contractual options [1][2] Group 1: Sale Update - GIP has received non-refundable deposits totaling $2.25 million from the purchaser [1] - The company continues to receive interest from other parties regarding these assets, with advanced due diligence from one party as previously announced [2] Group 2: Financial Status - GIP is currently in default for failing to meet certain conditions within the most recent amendment to its corporate credit facility and is working cooperatively with its lender [2] Group 3: Company Overview - GIP focuses on sustainable solutions by turning waste into energy, particularly through renewable natural gas (RNG) and bioenergy projects [3] - The company operates a portfolio of water and solids treatment and recycling facilities in Canada, along with a solids recycling business in the United States [3]

Company Announcement - Conifex Timber Inc. plans to release its third quarter 2025 results before market open on November 14, 2025, and has scheduled a conference call at 8:00 AM Pacific time / 11:00 AM Eastern time on the same day to discuss the financial results [1] - The conference call will be available for instant replay until November 28, 2025, with specific access numbers provided for participants [2] Financial Update - PenderFund Capital Management Ltd. has increased the aggregate principal amount available to Conifex under its existing credit facility by $4.0 million, bringing the total available amount to approximately $35 million, subject to certain conditions [2] - Conifex expects to repay the additional amount through a combination of cash released from working capital and proceeds from one or more additional financings, although there is no guarantee that such financing will be available on reasonable terms [3] Business Overview - Conifex Timber Inc. and its subsidiaries are primarily engaged in timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing and distribution [3] - The company's lumber products are sold in the United States, Canadian, and Japanese markets, and it also produces bioenergy at its power generation facility in Mackenzie, BC [3]

Financial Performance - Conifex Timber Inc. reported a net loss of $8.3 million or ($0.20) per share for Q2 2025, compared to net income of $0.6 million or $0.02 per share in Q1 2025 and a net loss of $9.7 million or ($0.24) per share in Q2 2024 [1][6] - EBITDA for Q2 2025 was negative $3.2 million, a decrease from $4.9 million in Q1 2025 and an improvement from negative $7.1 million in Q2 2024 [1][3] - Revenue from lumber products was $27.4 million in Q2 2025, a decrease of 12% from Q1 2025 but an increase of 10% from Q2 2024 [9] Lumber Operations - Lumber production in Q2 2025 totaled approximately 35.3 million board feet, representing a 24% decrease from 46.3 million board feet in Q1 2025 but a 4% increase from 34 million board feet in Q2 2024 [7] - Shipments of Conifex-produced lumber were 38.9 million board feet in Q2 2025, a 2% increase from Q1 2025 and a 1% increase from Q2 2024 [8] - The average price of WSPF 2x4 2 & Btr lumber was $471 (US$) in Q2 2025, compared to $492 in Q1 2025 and $386 in Q2 2024 [5] Bioenergy Operations - The Power Plant sold 29.6 GWh of electricity in Q2 2025, down from 47.6 GWh in Q1 2025 and 38.0 GWh in Q2 2024, primarily due to an annual maintenance shutdown [13][14] - Revenue from electricity production was $3.6 million in Q2 2025, a decrease from $7.0 million in Q1 2025 and $4.5 million in Q2 2024 [14] Cost Management - Cost of goods sold decreased by 7% from Q1 2025 and by 10% from Q2 2024, driven by lower production volume and lower inventoried unit costs [10] - Selling, general and administrative costs were $1.5 million in Q1 2025, down from $1.8 million in Q1 2025 and $1.9 million in Q2 2024 [15] Financial Position and Liquidity - Overall debt decreased to $81.6 million at June 30, 2025, from $84.2 million at March 31, 2025, and increased from $73.8 million at June 30, 2024 [23] - Available liquidity was $3.0 million at June 30, 2025, down from $4.2 million at March 31, 2025, and $10.9 million at June 30, 2024 [24] Market Outlook - North American lumber markets are expected to experience continued volatility and uncertainty throughout the remainder of 2025, with duty deposit rate increases and potential tariffs posing significant challenges [30]

Group 1 - Conifex Timber Inc. plans to release its second quarter 2025 results before market open on August 14, 2025 [1] - A conference call is scheduled for August 14, 2025, at 8:00 AM Pacific time to discuss the financial results [1] - The call will be accessible via toll-free numbers for Canada and the US, with a local dial-in option available [1] Group 2 - The instant replay of the conference call will be available until September 30, 2025 [2] - Conifex Timber Inc. engages in timber harvesting, reforestation, forest management, sawmilling, and value-added lumber finishing and distribution [2] - The company's lumber products are marketed in the United States, Canada, and Japan, and it also produces bioenergy at its facility in Mackenzie, BC [2]

Core Viewpoint - Green Impact Partners Inc. (GIP) has announced an extension request from the purchaser of its water, waste treatment, and recycling assets, delaying the closing date originally set for July 16, 2025 [1][2]. Group 1: Company Update - GIP is currently evaluating the terms to grant the extension and will provide further updates in due course [1]. - As a result of the extension request, GIP has amended its corporate credit facility to waive certain events of default until July 31, 2025, contingent upon meeting specific covenants and conditions [2]. Group 2: Company Overview - GIP focuses on sustainable solutions by converting waste into energy, particularly through renewable natural gas (RNG) and bioenergy projects [3]. - The company aims to acquire, develop, construct, and operate facilities that produce energy while contributing to waste reduction and emissions lowering [3]. - GIP's portfolio includes water and solids treatment and recycling facilities in Canada, as well as a solids recycling business in the United States [3].

Group 1 - Conifex Timber Inc. held its annual general meeting on June 27, 2025, where all management nominees were elected as directors [1] - The voting results for the directors showed that Kenneth A. Shields, David E. Roberts, and Michael Costello received 77.15% of votes in favor, while Janine North and Charles P. Miller received 77.13% and 77.14% respectively [1] - PricewaterhouseCoopers LLP was appointed as the Company's auditor for the upcoming year, with the board authorized to fix the auditor's remuneration [1] Group 2 - Conifex Timber Inc. engages in timber harvesting, reforestation, forest management, sawmilling, and value-added lumber finishing and distribution [2] - The Company's lumber products are marketed in the United States, Canada, and Japan [2] - Conifex also produces bioenergy at its power generation facility located in Mackenzie, British Columbia [2]

Core Viewpoint - Conifex Timber Inc. is set to release its first quarter 2025 financial results on May 12, 2025, and will hold a conference call to discuss these results [1] Group 1: Financial Results Announcement - Conifex Timber Inc. plans to announce its first quarter 2025 results before market open on May 12, 2025 [1] - A conference call is scheduled for 8:00 AM Pacific time / 11:00 AM Eastern time on the same day to discuss the financial results [1] Group 2: Conference Call Details - Participants can join the call by dialing a toll-free number (1-800-806-5484) or a local number (416-340-2217) with the participant pass code 6042635 [1] - The call will be available for instant replay until December 26, 2025, with a separate access number and pass code for replay [2] Group 3: Company Overview - Conifex Timber Inc. engages in timber harvesting, reforestation, forest management, sawmilling, and value-added lumber finishing and distribution [2] - The company's lumber products are marketed in the United States, Canada, and Japan [2] - Conifex also produces bioenergy at its power generation facility located in Mackenzie, BC [2]