GreenFirst Forest Products (TSE:GFP) has released an update.
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GreenFirst Forest Products has extended its asset-based lending facility with the Bank of Montreal, securing a $60 million senior secured facility with an additional $65 million available, enhancing its financial flexibility. This extension supports GreenFirst’s $50 million strategic expenditures plan and positions the company for growth in the lumber industry. With over $53 million raised from recent transactions, GreenFirst is well-positioned to pursue its strategic initiatives.
For further insights into TSE:GFP stock, check out TipRanks’ Stock Analysis page.
