Keweenaw Lnd Assn Ct (KEWL) 83.3100 $KEWL
Keweenaw Land Association, Limited Announces the Appointment of James A. Mai to the Board of Directors
Business Wire - Fri Sep 11, 3:00PM CDT
Keweenaw Land Association, Limited (KEWL: OTC Pink) today announced that the Board of Directors has authorized an expansion of the Board of Directors from six members to seven, effective immediately, and the appointment of James A. Mai, Chief Investment Officer of Cornwall Capital, to the Company's Board of Directors for a term ending in 2018. Cornwall Capital is the largest single shareholder in Keweenaw with approximately 26% of the outstanding shares.
Keweenaw Land Association, Limited Announces 2015 Second Quarter Earnings
Business Wire - Mon Jul 20, 9:00AM CDT
Keweenaw Land Association, Limited (KEWL: OTC Pink) today announced second quarter earnings for the period ending June 30, 2015. The company reported Net Income of $121,437, or $0.09 per share, versus a Net Loss of $142,174, or $0.11 per share, in the second quarter of 2014. Keweenaw also reported timber sales of $1,547,069 for quarter, up $511,846, or 49%, from the $1,035,223 that the company reported in the comparable period in 2014.
Keweenaw Land Association, Limited Announces 2015 Final Election Results
Business Wire - Fri May 08, 3:00PM CDT
Keweenaw Land Association, Limited (OTC Pink: KEWL) today announced the final election results from its 2015 Annual Shareholder Meeting held May 4, 2015 in Ironwood, Michigan. Those results, as certified by Okapi Partners, confirm the re-election of Mr. Frederick J. Weyerhaeuser and the election of Mr. Brian D. Glodowski, to three-year terms on the Keweenaw Board of Directors. Anderson, Tackman & Company were confirmed as auditors for 2015. No other proposals were brought before the shareholders for consideration. In this year's voting, over 87% of outstanding shares were represented.
Keweenaw Land Association, Limited Announces 2015 First Quarter Earnings
Business Wire - Wed Apr 22, 9:00AM CDT
Keweenaw Land Association, Limited (OTC Pink: KEWL) today reported timber sales of $3,040,234 for the first quarter ended March 31, 2015, up $326,428, or 12%, from the $2,713,806 that the company reported in the comparable period in 2014. Timber Operations Income from the quarter totaled $454,290, up 110% from the $215,934 realized in the first quarter of 2014. There were no land sales included in pre-tax income for the first quarter of 2015, compared to $198,455 in the same period in 2014. Net Income from the quarter totaled $142,833, or $0.11 per share, versus Net Income of $131,963, or $0.10 per share, in the first quarter of 2014. A comprehensive quarterly newsletter detailing operating results is available on the Company's website at www.keweenaw.com.
Keweenaw Land Association, Limited Announces 2014 Fourth Quarter Earnings
Business Wire - Thu Jan 22, 10:29AM CST
Keweenaw Land Association, Limited (KEWL: OTC Pink) today reported timber sales of $3,007,195 for the fourth quarter ended December 31, 2014, compared to $2,339,020 from the same period in 2013. Income from other sources during the quarter totaled $155,234, compared to $287,812 in the fourth quarter of 2013. Net income for the quarter totaled $438,669, or $0.34 per share, versus $292,453, or $0.23 per share, in the fourth quarter of 2013. Keweenaw recognized year-to-date net income of $855,860, or $0.66 per share, versus $706,142 year-to-date in 2013, or $0.55 a share. A comprehensive newsletter detailing operating results is available on the Company's website at www.keweenaw.com.
Keweenaw Land Association, Limited Releases Investor Presentation
Business Wire - Fri Nov 21, 10:00AM CST
Keweenaw Land Association, Limited (OTC Pink: KEWL) today released an Investor Presentation which contains information about Keweenaw's performance and strategic plan. A link to the presentation can be found by clicking here, or going to www.keweenaw.com and searching under the News link.
Brian D. Glodowski Named CEO for Keweenaw Land Association, Limited
Business Wire - Tue Nov 18, 9:00AM CST
Keweenaw Land Association, Limited (Pink Sheets: KEWL) is pleased to announce that the Board of Directors has elected Brian Glodowski, President of the Company, to the additional position of Chief Executive Officer, succeeding David Ayer who will continue as the non-executive Chairman of the Board. Mr. Glodowski has been with Keweenaw for over 20 years and has served as President of the Company since 2012. He previously oversaw the development and implementation of the log sales and marketing program until 2005, and then assumed responsibilities for the timber and land acquisition efforts prior to his promotion as Manager of Operations in 2011. Mr. Glodowski is an active member of the timberland industry, having been recently appointed to the Executive Committee of the Michigan Forest Products Council and will be serving on the Board of Directors for the National Association of Forestland Owners, based in Washington DC, beginning in 2015. Mr. Glodowski also serves on the Board of Directors for the Ironwood Industrial Development Corporation.
Keweenaw Land Association, Limited Announces 2014 Third Quarter Earnings
Business Wire - Mon Oct 20, 9:00AM CDT
Keweenaw Land Association, Limited (OTC Pink: KEWL) today reported timber sales of $3,125,665 for the third quarter ended September 30, 2014, up $428,542, or 16%, from the $2,697,123 that the company reported in the comparable period in 2013. Net Income for the quarter totaled $427,402, or $0.33 per share, versus $621,457, or $0.48 per share, in the third quarter of 2013. Keweenaw recognized year-to-date net income of $417,191, or $0.32 per share, versus $413,689 year-to-date in 2013, or $0.32 a share. A comprehensive newsletter detailing operating results is available on the Company's website at www.keweenaw.com.
Keweenaw Land Association, Limited Announces the Appointment of James A. Mai to the Board of Directors
Business Wire - Fri Sep 11, 3:00PM CDT
Keweenaw Land Association, Limited (KEWL: OTC Pink) today announced that the Board of Directors has authorized an expansion of the Board of Directors from six members to seven, effective immediately, and the appointment of James A. Mai, Chief Investment Officer of Cornwall Capital, to the Company's Board of Directors for a term ending in 2018. Cornwall Capital is the largest single shareholder in Keweenaw with approximately 26% of the outstanding shares.
Keweenaw Land Association, Limited Announces 2015 Second Quarter Earnings
Business Wire - Mon Jul 20, 9:00AM CDT
Keweenaw Land Association, Limited (KEWL: OTC Pink) today announced second quarter earnings for the period ending June 30, 2015. The company reported Net Income of $121,437, or $0.09 per share, versus a Net Loss of $142,174, or $0.11 per share, in the second quarter of 2014. Keweenaw also reported timber sales of $1,547,069 for quarter, up $511,846, or 49%, from the $1,035,223 that the company reported in the comparable period in 2014.
Keweenaw Land Association, Limited Announces 2015 Final Election Results
Business Wire - Fri May 08, 3:00PM CDT
Keweenaw Land Association, Limited (OTC Pink: KEWL) today announced the final election results from its 2015 Annual Shareholder Meeting held May 4, 2015 in Ironwood, Michigan. Those results, as certified by Okapi Partners, confirm the re-election of Mr. Frederick J. Weyerhaeuser and the election of Mr. Brian D. Glodowski, to three-year terms on the Keweenaw Board of Directors. Anderson, Tackman & Company were confirmed as auditors for 2015. No other proposals were brought before the shareholders for consideration. In this year's voting, over 87% of outstanding shares were represented.
Keweenaw Land Association, Limited Announces 2015 First Quarter Earnings
Business Wire - Wed Apr 22, 9:00AM CDT
Keweenaw Land Association, Limited (OTC Pink: KEWL) today reported timber sales of $3,040,234 for the first quarter ended March 31, 2015, up $326,428, or 12%, from the $2,713,806 that the company reported in the comparable period in 2014. Timber Operations Income from the quarter totaled $454,290, up 110% from the $215,934 realized in the first quarter of 2014. There were no land sales included in pre-tax income for the first quarter of 2015, compared to $198,455 in the same period in 2014. Net Income from the quarter totaled $142,833, or $0.11 per share, versus Net Income of $131,963, or $0.10 per share, in the first quarter of 2014. A comprehensive quarterly newsletter detailing operating results is available on the Company's website at www.keweenaw.com.
Keweenaw Land Association, Limited Announces 2014 Fourth Quarter Earnings
Business Wire - Thu Jan 22, 10:29AM CST
Keweenaw Land Association, Limited (KEWL: OTC Pink) today reported timber sales of $3,007,195 for the fourth quarter ended December 31, 2014, compared to $2,339,020 from the same period in 2013. Income from other sources during the quarter totaled $155,234, compared to $287,812 in the fourth quarter of 2013. Net income for the quarter totaled $438,669, or $0.34 per share, versus $292,453, or $0.23 per share, in the fourth quarter of 2013. Keweenaw recognized year-to-date net income of $855,860, or $0.66 per share, versus $706,142 year-to-date in 2013, or $0.55 a share. A comprehensive newsletter detailing operating results is available on the Company's website at www.keweenaw.com.
Keweenaw Land Association, Limited Releases Investor Presentation
Business Wire - Fri Nov 21, 10:00AM CST
Keweenaw Land Association, Limited (OTC Pink: KEWL) today released an Investor Presentation which contains information about Keweenaw's performance and strategic plan. A link to the presentation can be found by clicking here, or going to www.keweenaw.com and searching under the News link.
Brian D. Glodowski Named CEO for Keweenaw Land Association, Limited
Business Wire - Tue Nov 18, 9:00AM CST
Keweenaw Land Association, Limited (Pink Sheets: KEWL) is pleased to announce that the Board of Directors has elected Brian Glodowski, President of the Company, to the additional position of Chief Executive Officer, succeeding David Ayer who will continue as the non-executive Chairman of the Board. Mr. Glodowski has been with Keweenaw for over 20 years and has served as President of the Company since 2012. He previously oversaw the development and implementation of the log sales and marketing program until 2005, and then assumed responsibilities for the timber and land acquisition efforts prior to his promotion as Manager of Operations in 2011. Mr. Glodowski is an active member of the timberland industry, having been recently appointed to the Executive Committee of the Michigan Forest Products Council and will be serving on the Board of Directors for the National Association of Forestland Owners, based in Washington DC, beginning in 2015. Mr. Glodowski also serves on the Board of Directors for the Ironwood Industrial Development Corporation.
Keweenaw Land Association, Limited Announces 2014 Third Quarter Earnings
Business Wire - Mon Oct 20, 9:00AM CDT
Keweenaw Land Association, Limited (OTC Pink: KEWL) today reported timber sales of $3,125,665 for the third quarter ended September 30, 2014, up $428,542, or 16%, from the $2,697,123 that the company reported in the comparable period in 2013. Net Income for the quarter totaled $427,402, or $0.33 per share, versus $621,457, or $0.48 per share, in the third quarter of 2013. Keweenaw recognized year-to-date net income of $417,191, or $0.32 per share, versus $413,689 year-to-date in 2013, or $0.32 a share. A comprehensive newsletter detailing operating results is available on the Company's website at www.keweenaw.com.
