GreenFirst Forest Products (TSE:GFP) has released an update.
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GreenFirst Forest Products has entered into a strategic agreement with Mahogany Investors to sell its entitlements to refunds related to duties on softwood lumber exports to the U.S. for approximately $17.5 million USD. This move is part of GreenFirst’s plan to strengthen its financial position and support its strategic growth initiatives, including becoming the largest sawyer in Ontario.
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