Interfor Corporation announced on October 1, 2025, the closing of its previously announced bought deal treasury offering of common shares. The offering was made to the public through a syndicate of underwriters led by RBC Capital Markets and Scotiabank, with participation from TD Securities Inc., Raymond James Ltd., Wells Fargo Securities Canada, Ltd., Merrill Lynch Canada Inc., and National Bank Financial Inc.

The company issued a total of 14,303,470 common shares at a price of $10.05 per share, including the full exercise of the over-allotment option by the underwriters. This resulted in gross proceeds of approximately $143.75 million. The underwriters’ fee was $0.402 per share, totaling $4,999,995.60, bringing the net proceeds to Interfor to $119,999,894.40 before deducting expenses. The offering price was determined through negotiation between Interfor and the lead underwriters.

Legal counsel for the offering was provided by McCarthy Tétrault LLP for Interfor and Stikeman Elliott LLP for the underwriters, with Skadden, Arps, Slate, Meagher & Flom LLP advising Interfor on U.S. legal matters.