Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
11 Agosto 2023 - 12:01PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF
FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2023
Commission File No. 001-39974
WEST FRASER TIMBER CO. LTD.
(Translation of registrants name into English)
885 West
Georgia Street, Suite 1500
Vancouver, British Columbia
Canada V6C 3E8
(Address
of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F
Form
20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) ☐
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
Dated: August 11, 2023
|
WEST FRASER TIMBER CO. LTD. |
|
/s/ Christopher A. Virostek |
Christopher A. Virostek |
Senior Vice-President, Finance and Chief Financial Officer
Exhibit 99.1
Form 51102F3
Material Change Report
Item 1. |
Name and Address of Company |
West Fraser Timber Co. Ltd. (West Fraser or the Company)
885 West Georgia Street, Suite 1500
Vancouver, BC
V6C 3E8
Item 2. |
Date of Material Change |
August 9, 2023
A news release in respect of the material change was disseminated via Canada Newswire on August 10, 2023 prior to market open. The news
release was also filed with each of the Canadian securities regulatory authorities on SEDAR and furnished to the US Securities Exchange Commission on EDGAR.
Item 4. |
Summary of Material Change |
On August 10, 2023, West Fraser announced that Mr. Ray Ferris, President and Chief Executive Officer of West Fraser, plans to retire
on December 31, 2023. West Fraser also announced the appointment of Mr. Sean McLaren, current Chief Operating Officer of West Fraser, as the new President and Chief Executive Officer of West Fraser effective January 1, 2024.
Item 5. |
Full Description of Material Change |
5.1 |
Full Description of Material Change |
On August 10, 2023, Mr. Hank Ketcham, Chairman of West Frasers Board of Directors, announced that Mr. Ray Ferris,
President and Chief Executive Officer of West Fraser, plans to retire on December 31, 2023. Mr. Ferris has been with West Fraser for over 26 years in increasingly senior positions culminating in his appointment as President and Chief
Operating Officer in 2018 and as President and Chief Executive Officer and a director of the Company in 2019.
West Fraser also announced
the appointment of Sean McLaren, current Chief Operating Officer of West Fraser, as the new President and Chief Executive Officer of West Fraser effective January 1, 2024. Mr. McLaren has been with West Fraser and predecessor companies for
35 years.
This material change report contains certain forward-looking information or forward-looking
statements (collectively, forward-looking statements) within the meaning of applicable securities laws, including about potential future developments, in particular those relating to the announced retirement of Mr. Ferris, the
transition plan and appointment of Mr. McLaren as President and Chief Executive Officer. Any such forward-looking statements are based on information currently available to us and are based on assumptions and analyses made by us considering
West Frasers experience and perception of historical trends and current conditions and are subject to inherent risks and uncertainties, including fluctuations in demand for and pricing of our wood products, and risks associated with our
capital plans. Readers should also refer to the risk factors set forth in the Companys annual information form and managements discussion and analysis for the year ended December 31, 2022, each dated February 14, 2023, as
updated in the Companys managements discussion and analysis for the six months ended June 30, 2023, dated July 26, 2023, each available at SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov/edgar.shtml). There can be no
assurance that the plans, intentions, or expectations upon which forward-looking statements are based will be realized. Actual results may differ, and the difference may be material and adverse to the Company and its shareholders. Readers should
exercise caution in relying upon forward-looking statements and West Fraser undertakes no obligation to publicly revise them to reflect subsequent events or circumstances except as required by applicable securities laws.
5.2 |
Disclosure for Restructuring Transactions |
Not applicable.
Item 6. |
Reliance on subsection 7.1(2) of National Instrument 51102 |
Not applicable.
Item 7. |
Omitted Information |
None.
Item 8. |
Executive Officers |
Christopher Virostek
Senior
Vice-President, Finance and Chief Financial Officer
+1 (604) 895-2700
August 11, 2023
West Fraser Timber (NYSE:WFG)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
West Fraser Timber (NYSE:WFG)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025