February 17, 2017 / 2:45 PM / 8 months ago

BRIEF-Conifex announces upsize to previously announced bought deal financing

Feb 17 (Reuters) - Conifex Timber Inc:

* Conifex announces upsize to previously announced bought deal financing to $9.2 million and $4.9 million concurrent private placement

* Intends to use net proceeds of upsized offering and private placement to partially repay outstanding indebtedness

* Investment dealers agreed to purchase 3 million common shares of company at a price of $3.05 per share

* Will complete a private placement of 1.6 million common shares to an existing shareholder Source text for Eikon: Further company coverage:

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