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Canfor Announces Completed Purchase of Mill from Southern Lumber Company

Vancouver, BC — Canfor Corporation (TSX:CFP) announced today that, further to its newsrelease of September 30, 2014, it has completed the purchase of the operating assets of Southern Lumber Company. The acquisition includes a sawmill located in Hermanville, Mississippi which is a large log southern yellow pine dimension lumber mill producing predominantly long wide©\ width lumber.

“With the completion of this acquisition, we are further positioned to provide additional higher©\ value products to our global customers” said Canfor Corporation President and CEO Don Kayne. “We look forward to working with the new team members in Mississippi and would like to welcome them to Canfor.”