Conifex Timber receives final approval from Toronto Stock Exchange for listing of its common shares, which will begin trading on TSX on May 20 under stock symbol CFF; shares will be delisted from TSX Venture Exchange

Wendy Lisney

VANCOUVER, British Columbia , May 13, 2014 (press release) – Conifex Timber Inc. ("Conifex" or the "Company") (TSX-V: CFF) is pleased to announce that it has received final approval from the Toronto Stock Exchange ("TSX") for the listing of its common shares on the TSX.

The Company's common shares will begin trading on the TSX effective Tuesday, May 20, 2014, and will continue to trade under the stock symbol "CFF". As a result of the graduation of Conifex to the TSX, its common shares will no longer trade on the TSX Venture Exchange and will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX.

For further information, please contact Yuri Lewis, Chief Financial Officer at (778) 331-8687.

About Conifex Timber Inc.

Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, and the manufacture, sale and distribution of dimension lumber. Conifex's lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Upon completion of its power generation facility at Mackenzie, British Columbia, Conifex's business sectors will be expanded to include bioenergy.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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