KEWEENAW LD ASSOC CTF INT - KEWL STOCK NEWS

Keweenaw Land Association (OTC: KEWL) held a special meeting on December 20, 2021, to vote on significant proposals. Proposal 1 for the Timberland Assets Sale received overwhelming support with 850,492 votes for and only 29,834 against. Proposal 2 for a Plan of Partial Liquidation was also approved with 845,744 votes for. A third proposal regarding meeting adjournment was passed as well. The timber sale is set to close on December 27, 2021, followed by a special distribution of $92.00 per share on December 31, 2021.

Keweenaw Land Association, Limited (OTC US: KEWL) has entered into a definitive agreement to sell its timber assets in an all-cash transaction expected to close by the end of 2021, pending shareholder approval. The company will retain 428,789 acres of subsurface mineral rights and has proposed a Plan of Partial Liquidation. Shareholders could receive approximately $100 per share, with an initial payout of $92 by year-end 2021 and a second installment of $8 by year-end 2022. The company intends to reduce overhead costs and will continue operating as a public entity focused on its mineral assets.

Keweenaw Land Association, Limited (OTC US: KEWL) announced that its third quarter earnings report is now accessible on their website and OTC Markets. The company, focused on forest products and land management, operates in Ironwood, Michigan, with land holdings spanning over 179,000 surface acres and 399,000 acres of mineral rights primarily in the western Upper Peninsula of Michigan and northern Wisconsin. They caution that forward-looking statements in this release could be impacted by various risks, including economic changes and natural disasters.

Keweenaw Land Association, Limited (KEWL) has acquired 29,071 acres of severed mineral properties from Sage Minerals Inc. for $5 million. This purchase enhances Keweenaw's ownership of mineral reserves at Highland Copper’s Copperwood Project, increasing its mineral tenure to approximately 80%. The acquisition includes 2,500 acres of adjacent mineral rights and 26,571 acres located in historical copper-producing regions, with over 60% of the purchase funded from recent land sales. This transaction qualifies as a 1031 exchange, allowing Keweenaw to defer over $800,000 in cash taxes for 2021.

Keweenaw Land Association (OTC US: KEWL) announced that its second quarter earnings report is now accessible via its website and the OTC Markets website. Keweenaw manages over 179,000 surface acres and 399,000 acres of mineral rights primarily in Michigan and Wisconsin. The company’s operations are subject to numerous risks, including the ongoing Covid-19 pandemic, economic fluctuations, and regulatory changes. Investors are advised that past performance does not guarantee future results, highlighting the company's Pink Current Information status under OTC Pink Sheets.

On May 13, 2021, Keweenaw Land Association (OTC US: KEWL) announced the results of its annual shareholder meeting held on May 10, 2021. The shareholders voted to elect five board nominees for a term expiring in 2022, with all nominees receiving majority support. Additionally, shareholders ratified Grant Thornton LLP as the Company’s independent public accounting firm for the 2021 fiscal year. Keweenaw Land Association manages over 180,000 surface acres and 400,000 acres of mineral rights, primarily in Michigan and Wisconsin.

Keweenaw Land Association, Limited (OTC US: KEWL) has made its first quarter earnings report publicly available on its website. The company, based in Ironwood, Michigan, focuses on forest products and land management, boasting over 180,000 surface acres and 400,000 acres of mineral rights primarily in Michigan and Wisconsin. Keweenaw emphasizes the uncertainty of forward-looking statements due to various risks including economic changes, regulatory factors, and environmental concerns that could impact future performance.

Keweenaw Land Association (OTC US: KEWL) has announced its 2021 Annual Meeting of Shareholders will take place virtually on May 10, 2021, at 9:00 a.m. Central time. Shareholders can participate, vote, and ask questions during the meeting. The company will mail the 2021 Notice and Proxy Statement starting April 2, 2021, to shareholders of record as of March 26, 2021. Additionally, the 2020 Annual Report is available on the company’s website. Forward-looking statements note various risks, including the impact of Covid-19 and other uncertainties.