VANCOUVER, BC, August 30, 2021 – GreenFirst Forest Products Inc. (TSXV: GFP) (“GreenFirst” or the “Purchaser”) is pleased to announce that on August 28, 2021 it closed the previously announced purchase of a portfolio of forest and paper product assets (the “Purchased Assets”) from Rayonier A.M. Canada G.P. (“RYAM GP”), Rayonier A.M. Canada Industries Inc. (“RYAM Industries”) and Rayonier A.M. Canada Enterprises Inc. (collectively with RYAM GP and RYAM Industries, “RYAM”), each a subsidiary of Rayonier Advanced Materials Inc. (NYSE: RYAM).

JACKSONVILLE, Fla.--Aug. 30, 2021-- Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that it has completed its previously announced sale of its lumber and newsprint assets (the “Purchased Assets”) to GreenFirst Forest Products Inc. (“GreenFirst”), a Canadian lumber company, for a total purchase price of approximately US$235 million, subject to final adjustments.

MEMPHIS, Tenn., Aug. 23, 2021 -- International Paper (NYSE: IP) today announced the timing and additional details regarding the spinoff of its Printing Paper business, which will be known as Sylvamo Corporation ("Sylvamo"). 

GERALDTON — The Ontario government is securing greater Indigenous community involvement in forest management on the Kenogami Forest by issuing a forest licence to Ogwiidachiwaning Sustainable Forest Management Inc. (OSFMI), a new company whose members include local First Nations and forest industry companies.

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