GreenFirst Forest Products (TSE:GFP) has released an update.
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GreenFirst Forest Products Inc. has announced shareholder approval for the Spin-out of Kap Corporation, allowing GreenFirst shareholders to receive common shares of Kap Corporation. This decision, backed by substantial shareholder support, aligns with GreenFirst’s strategy to enhance its sawmill and paper operations. Final court approval for the Spin-out is scheduled for October 1, 2024.
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