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Marketwired - Forestry

Marketwired - Forestry

Last Build Date: Wed, 30 Nov 2016 18:48:18 EST

Copyright: Copyright: (C) Marketwired

Interfor Completes Sale of Tacoma Sawmill Property

Wed, 30 Nov 2016 17:52:19 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 30, 2016) - INTERFOR CORPORATION ("Interfor" or the "Company") (TSX:IFP) announced today that it has completed the final step in the monetization of its former sawmill in Tacoma, Washington, with the closing of the sale of the Tacoma sawmill property for gross proceeds of US$32.4 million. Net cash proceeds from the sale of the property are estimated to be US$21 million after taking into account transaction costs, potential post-closing adjustments and the US$10 million payment to be made to Simpson Lumber Company. The net proceeds will be used to further reduce net debt.

New Tenant Approved to Begin Growing in GrowCo's First Greenhouse

Tue, 29 Nov 2016 11:13:26 EST

DENVER, CO--(Marketwired - Nov 29, 2016) - GrowCo, Inc. (GrowCo), an indirect subsidiary of Two Rivers Water & Farming Company (Two Rivers) (OTCQB: TURV), announced that a new tenant, a sublease of our existing tenant, was approved on November 28, 2016 by the Pueblo County Liquor and Marijuana Licensing Board to immediately begin growing marijuana in GrowCo's first greenhouse located in Pueblo County, Colorado.