Jemi Fibre Corp. Announces Release of Third Quarter Results and Amendment to the Terms of $13 Million Financing
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2015) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to announce its third quarter results for the three-month period ended January 31, 2015. During the quarter, the Company was continuing to integrate the operations of its newly acquired divisions, including its Kootenay region based sawmill, wood treatment operation, logging operations and private timberlands. During this quarter, the results from the...
2015-03-23 8:00 AM EDT
Jemi Fibre Corp. Enters into Letter of Intent to Acquire Wood Treatment Operation
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2015) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to announce it has entered into a letter of intent to acquire all of the issued and outstanding shares of Aallcann Wood Suppliers Inc. (the "Transaction"). Aallcann is a post peeling and treatment operation based in Prince Albert, Saskatchewan that produces treated timber products for agricultural markets. It's treatment facility is situated on approximately...
2015-03-11 8:30 AM EDT
Jemi Fibre Corp. Announces Appointment of Chief Operating Officer and AGM Change of Time
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2015) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to announce that Thomas Lewis has been appointed Chief Operating Officer of the Company. Tom has over 30-years of experience in the forest industry in Western Canada. Most recently, Tom was Vice President Woodlands — Canada for Canfor Corporation where he was responsible for delivering 17 million (m3) of logs annually to 16 primary manufacturing facilities,...
2015-03-09 8:30 AM EDT
IIROC Trade Resumption - Jemi Fibre Corp.
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2015) - Trading resumes in: Company: Jemi Fibre Corp.
2015-03-04 7:58 AM EST
IIROC Trade Halt - Jemi Fibre Corp.
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2015) - The following issues have been halted by IIROC: Company:
2015-03-03 3:42 PM EST
Jemi Fibre Corp. Ranked in the 2015 TSX Venture 50(R)
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2015) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to announce that it has ranked second in the Diversified Industries Category of the 2015 TSX Venture 50®. The list is a ranking of strong performing companies trading on the TSX Venture Exchange (the "Exchange"). "We are pleased to be ranked amongst the top performing companies on the TSX Venture 50 list," stated Mike Jenks, CEO. "This recognition by the...
2015-02-11 12:56 PM EST
Jemi Fibre Corp. Announces Acquisition of Palmer Bar Holdings, Operations Update and Director Changes
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2015) - Jemi Fibre Corp. (TSXV: JFI) (“Jemi Fibre” or the “Company”) is pleased to announce that it has agreed to acquire all of the issued and outstanding shares of Palmer Bar Holdings Inc. (“Palmer Bar”) in consideration for the issuance to the vendor of 150,000 common shares of Jemi Fibre. Palmer Bar operates a pole processing plant on 14 acres of its own land in Cranbrook, B.C. Its equipment includes log peelers, pointers and...
2015-01-29 5:00 PM EST
Jemi Fibre Corp. Announces Second Quarter Results and Operations Update
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to announce its second quarter results for the three-month period ended October 31, 2014. During the quarter, the Company was busy integrating the operations of its newly acquired divisions, including its Kootenay region, based preserving operation, contract logging operation, private timberlands and WoodEx sawmill. Toward the end of the quarter, the...
2014-12-31 8:30 AM EST
Jemi Fibre Corp. Announces Purchase of Private Timberland, Additional Funding and Appointment of Executive Vice-Chair and New CFO
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") announced today that it has completed the acquisition of approximately 4,000 hectares of additional private timberlands from Tembec Inc. ("Tembec"), as previously announced on October 14, 2014. The timberlands are located in the Regional District of East Kootenay, British Columbia and are adjacent to the approximately 49,500 hectares of timberlands the Company...
2014-12-22 9:46 AM EST
Jemi Fibre Corp. Announces Operations Update, Investor Relations Contract and Grant of Options
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to provide a further update on its operations following its June and September 2014 acquisitions of WoodEx Industries Ltd., Kootenay Wood Preservers Ltd., Prairie Holdings Inc. and approximately 49,500 hectares of private timberlands. The company is pleased to report EBITDA for October 2014 of approximately $2.09 million which includes a loss on the WoodEx...
2014-12-03 10:01 AM EST
Jemi Fibre Corp. Announces Additional Funding
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") announces that it has agreed to borrow an additional $1,500,000 under Facility B of the $30,000,000 credit facility previously announced on August 27, 2014. The Company intends to use the additional funds for working inventory purposes. ON BEHALF OF THE BOARD OF DIRECTORS JEMI FIBRE CORP. "Mike Jenks" Mike Jenks CEO For further information, please contact: Brent...
2014-11-17 8:30 AM EST
Jemi Fibre Corp. Announces Operations Update and Launch of Website
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to provide an update on its operations following its June and September 2014 acquisitions of WoodEx Industries Ltd., Kootenay Wood Preservers Ltd., Prairie Holdings Inc. and approximately 49,500 hectares of private timberlands. "With the completion of the second phase of our private timberland acquisition in September 2014, we have commenced operations at...
2014-11-05 8:45 AM EST
Jemi Fibre Corp. Announces Purchase of Additional Land
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to announce it has reached an agreement to purchase, for $1.7 million, additional private timberlands from Tembec adjacent to the approximately 49,500 hectares of timberlands the Company acquired from Tembec as previously announced on April 25, 2014, June 25, 2015 and September 16, 2014. The agreement provides for closing to occur in December, 2014 and...
2014-10-14 2:17 PM EDT
Jemi Fibre Corp. Announces Its First Quarter Results
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to announce its first quarter results for the three-month period ended July 31, 2014. On June 5, 2014, the Company completed the acquisition of the WoodEx saw mill in Edgewater, B.C., a post peeling and treatment plant operation in Cranbrook, B.C., and a contract logging company operating in the Kootenay region of B.C. The Company began fully operating...
2014-09-30 3:22 PM EDT
Jemi Fibre Corp. Announces Management Changes
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") announces that Mike Jenks has replaced Michael Ainsworth as CEO of the Company and that Brent Lokash has replaced Michael Ainsworth as President of the Company. The Company's board of directors thanks Mr. Ainsworth for his service and wishes him success as he pursues other opportunities. ON BEHALF OF THE BOARD OF DIRECTORS JEMI FIBRE CORP. "Mike Jenks" Mike Jenks...
2014-09-25 12:26 PM EDT
Jemi Fibre Corp. Completes Additional Timberlands Acquisition
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to announce that it has completed the acquisition of approximately 31,800 hectares of private timberlands from Tembec Inc. ("Tembec") for a purchase price of $20 million plus a deferred amount of $2.1 million payable by no later than June 24, 2021. The timberlands are located in the Regional District of East Kootenay, British Columbia and the purchase...
2014-09-16 2:00 PM EDT
Jemi Fibre Corp. Announces Operations Update
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") is pleased to provide an update on its operations following its successful June 2014 acquisitions of WoodEx Industries Ltd. ("WoodEx"), Kootenay Wood Preservers Ltd. ("KWP"), Prairie Holdings Inc. ("Prairie") and approximately 17,700 hectares, and timber rights for an additional approximately 1,900 hectares, of private timberlands. "We are very pleased with both the...
2014-09-04 1:33 PM EDT
Jemi Fibre Corp. Announces $25,000,000 Long-Term Loan
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") announced today that it has entered into a term sheet with a U.S. based institutional lender (the "Lender") under which, subject to certain conditions, the Company will borrow an aggregate maximum principal amount of $25,000,000 (the "Loan") to be secured in a senior position against the Company’s private timberlands. The Loan will be due 10 years from the date of...
2014-08-28 9:00 AM EDT
Jemi Fibre Corp. Announces Closing of $30,000,000 Credit Facility
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") announced today that it has completed its previously announced credit facility pursuant to which the Company has borrowed $30,000,000 from a Canadian based asset lender (the "Facility"). The Facility is being made through a $10,000,000 loan ("Facility A") for the purposes of refinancing existing debt on the Company's WoodEx sawmill and to provide general working...
2014-08-27 10:45 AM EDT
Jemi Fibre Corp. Announces $30,000,000 Credit Facility for Working Capital and Funding of Second Phase of Private Timberland Acquisition
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2014) - Jemi Fibre Corp. (TSXV: JFI) ("Jemi Fibre" or the "Company") announced today that it has obtained a credit facility from a Canadian asset based lender (the "Lender") under which, subject to certain conditions, the Company will borrow an aggregate maximum principal amount of $30,000,000 (the "Facility"). The Facility is being made through a $10,000,000 loan ("Facility A") for the purposes of refinancing existing debt on the...
2014-08-21 9:00 AM EDT