VANCOUVER, BC — Conifex Timber reported results for the first quarter ended March 31, 2024. During the first quarter of 2024, we incurred a net loss of $4.5 million compared to a net loss of $5.3 million in the previous quarter and net loss of $8.1 million in the first quarter of 2023. …EBITDA was negative $0.5 million for the quarter compared to EBITDA of negative $3.5 million in the fourth quarter of 2023 and negative $6.9 million in the first quarter of 2023. The first quarter results were favourably impacted by $3.0 million insurance settlement for the loss of the Osilinka Logging Camp. …Our lumber production in the first quarter of 2024 totalled approximately 44.5 million board feet, representing operating rates of approximately 74% of annualized capacity.