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IRONWOOD, Mich., Dec. 27, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced it has closed the previously announced sale of its timber assets. Payment of the first special distribution of $92.00 per share is scheduled to be made on December 31, 2021, ...
IRONWOOD, Mich., Dec. 22, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced the final results of the shareholder vote of the proposals presented at the Company’s special meeting held on December 20, 2021, which are as follows: Proposal 1...
In this week's newsletter, we look at a company in the middle of monetizing its major asset to see what is left after the deal closes. We also review a shipping company that has built a strong margin of safety. Lastly, we look at a drug testing company in the middle of a turnaroun...
On Tuesday, November 23rd Keweenaw Land Association "KLA" announced they would be liquidating their storied timber assets for approximately $140 per share. Post tax, KLA will distribute $100 to shareholders. KLA's remaining principal assets are 428,789 acres of sub-surface mineral rig...
IRONWOOD, Mich., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced it has entered into a definitive agreement to sell its timber assets to an entity managed by a non-affiliated large institutional timberland investment manager in an all cash...
IRONWOOD, Mich., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) announced today that it has completed the purchase of 29,071 acres of severed mineral properties from Sage Minerals Inc. for $5,000,000 in cash. The primary driver for the purchase was...
IRONWOOD, Mich., May 13, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced the final results of the shareholder vote of the proposals presented at the Company’s annual meeting held on May 10, 2021, which are as follows: Proposal 1: Elect...
IRONWOOD, Mich., March 29, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced that the 2021 Annual Meeting of Shareholders of Keweenaw Land Association, Limited will be held virtually, in lieu of an in-person meeting, on Monday, May 10, 2021, at 9:00 ...
IRONWOOD, Mich., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) announced today that it closed on the sale of a motorized recreational trail easement to the State of Michigan on December 31, 2020. Under the terms of the sale the State paid Keweenaw...
IRONWOOD, Mich., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC: KEWL) ("Keweenaw" or the “Company”) announced today that it has executed a carbon offset sale with BP Products North America Inc. (a subsidiary of BP p.l.c). Finite Carbon will serve as...
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IRONWOOD, Mich., Dec. 27, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced it has closed the previously announced sale of its timber assets. Payment of the first special distribution of $92.00 per share is scheduled to be made on December 31, 2021, ...
IRONWOOD, Mich., Dec. 22, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced the final results of the shareholder vote of the proposals presented at the Company’s special meeting held on December 20, 2021, which are as follows: Proposal 1...
IRONWOOD, Mich., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced it has entered into a definitive agreement to sell its timber assets to an entity managed by a non-affiliated large institutional timberland investment manager in an all cash...