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CIC SELLS STAKE IN MEADOW LAKE OSB PLANT

November 22, 2013

Crown Investments Corporation (CIC) of Saskatchewan has sold its 25 per cent interest in the Meadow Lake Oriented Strand Board (OSB) mill to the majority owner and operator, Tolko Industries Ltd. for $30 million.  CIC will recognize a gain of approximately $9 million on the sale.

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