Keweenaw Lnd Assn Ct (KEWL) 87.0500 $KEWL
Keweenaw Land Association, Limited Announces 2016 Final Election Results
GlobeNewswire - Wed May 04, 3:00PM CDT
Keweenaw Land Association, Limited (OTC Pink:KEWL) today announced the final election results from its 2016 Annual Shareholder Meeting held May 2, 2016 in Ironwood, Michigan. Those results, as certified by Okapi Partners, confirm the re-election of both Mr. John E. Earhart and Ms. Marjorie E. Nesbitt, to three-year terms on the Keweenaw Board of Directors. Anderson, Tackman & Company were confirmed as auditors for 2016. No other proposals were brought before the shareholders for consideration. In this year's voting, over 86% of outstanding shares were represented.
Keweenaw Land Association, Limited Announces 2016 First Quarter Earnings
GlobeNewswire - Mon Apr 18, 9:00AM CDT
Keweenaw Land Association, Limited (OTC Pink:KEWL) today announced first quarter earnings for the period ending March 31, 2016. The company reported Net Income of $250,632, or $0.19 per share, compared to $142,833, or $0.11 per share, in the first quarter of 2015. EBITDA for the quarter was $492,358, up $133,854 or 37%, from $358,504 in the same period last year. Company log sales were $3,213,130 for the quarter, up $172,896, or 6%, from the $3,040,234 reported in the comparable period in 2015.
Keweenaw Land Association, Limited Announces 2015 Fourth Quarter Earnings
GlobeNewswire - Tue Jan 26, 11:03AM CST
Keweenaw Land Association, Limited (OTC Pink:KEWL) today announced fourth quarter earnings for the period ending December 31, 2015. The company reported net income of $320,523, or $0.25 per share, compared to $438,669, or $0.34 per share, in the fourth quarter of 2014. For 2015, Keweenaw recognized year-to-date net income of $1,155,839, or $0.89 per share, versus $855,860 year-to-date in 2014, or $0.66 a share, an increase of 35%. Keweenaw also reported timber sales of $3,088,864 for the quarter, up $81,669, or 3%, from the $3,007,195 that the company reported in the comparable period in 2014. Timber sales for the year were $11,283,793, versus $9,881,889 in 2014, up 14%.
Keweenaw Land Association, Limited Announces 2015 Third Quarter Earnings
GlobeNewswire - Tue Oct 20, 9:00AM CDT
Keweenaw Land Association, Limited (KEWL:OTC Pink) today announced third quarter earnings for the period ending September 30, 2015. The company reported Net Income of $571,046, or $0.44 per share, compared to $427,402, or $0.33 per share, in the third quarter of 2014. Keweenaw also reported timber sales of $3,607,626 for the quarter, up $481,961, or 15%, from the $3,125,665 that the company reported in the comparable period in 2014.
Keweenaw Land Association, Limited Announces the Appointment of James A. Mai to the Board of Directors
BusinessWire - 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
BusinessWire - 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 Releases Investor Presentation
BusinessWire - 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
BusinessWire - 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 2016 Final Election Results
GlobeNewswire - Wed May 04, 3:00PM CDT
Keweenaw Land Association, Limited (OTC Pink:KEWL) today announced the final election results from its 2016 Annual Shareholder Meeting held May 2, 2016 in Ironwood, Michigan. Those results, as certified by Okapi Partners, confirm the re-election of both Mr. John E. Earhart and Ms. Marjorie E. Nesbitt, to three-year terms on the Keweenaw Board of Directors. Anderson, Tackman & Company were confirmed as auditors for 2016. No other proposals were brought before the shareholders for consideration. In this year's voting, over 86% of outstanding shares were represented.
Keweenaw Land Association, Limited Announces 2016 First Quarter Earnings
GlobeNewswire - Mon Apr 18, 9:00AM CDT
Keweenaw Land Association, Limited (OTC Pink:KEWL) today announced first quarter earnings for the period ending March 31, 2016. The company reported Net Income of $250,632, or $0.19 per share, compared to $142,833, or $0.11 per share, in the first quarter of 2015. EBITDA for the quarter was $492,358, up $133,854 or 37%, from $358,504 in the same period last year. Company log sales were $3,213,130 for the quarter, up $172,896, or 6%, from the $3,040,234 reported in the comparable period in 2015.
Keweenaw Land Association, Limited Announces 2015 Fourth Quarter Earnings
GlobeNewswire - Tue Jan 26, 11:03AM CST
Keweenaw Land Association, Limited (OTC Pink:KEWL) today announced fourth quarter earnings for the period ending December 31, 2015. The company reported net income of $320,523, or $0.25 per share, compared to $438,669, or $0.34 per share, in the fourth quarter of 2014. For 2015, Keweenaw recognized year-to-date net income of $1,155,839, or $0.89 per share, versus $855,860 year-to-date in 2014, or $0.66 a share, an increase of 35%. Keweenaw also reported timber sales of $3,088,864 for the quarter, up $81,669, or 3%, from the $3,007,195 that the company reported in the comparable period in 2014. Timber sales for the year were $11,283,793, versus $9,881,889 in 2014, up 14%.
Keweenaw Land Association, Limited Announces 2015 Third Quarter Earnings
GlobeNewswire - Tue Oct 20, 9:00AM CDT
Keweenaw Land Association, Limited (KEWL:OTC Pink) today announced third quarter earnings for the period ending September 30, 2015. The company reported Net Income of $571,046, or $0.44 per share, compared to $427,402, or $0.33 per share, in the third quarter of 2014. Keweenaw also reported timber sales of $3,607,626 for the quarter, up $481,961, or 15%, from the $3,125,665 that the company reported in the comparable period in 2014.
Keweenaw Land Association, Limited Announces the Appointment of James A. Mai to the Board of Directors
BusinessWire - 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
BusinessWire - 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 Releases Investor Presentation
BusinessWire - 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
BusinessWire - 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.
