Keweenaw Land Association, Limited Announces 2014 Second Quarter Earnings
July 23 2014 - 10:00AM
Business Wire
Keweenaw Land Association, Limited (KEWL: OTC Pink) today
reported timber sales of $1,035,223 for the second quarter ended
June 30, 2014, up $396,341, or 62%, from the $638,882 that the
company reported in the comparable period in 2013. A Net Loss from
the quarter totaled $142,174, or $0.11 per share, versus a Net Loss
of $332,714, or $0.26 per share, in the second quarter of 2013. A
comprehensive newsletter detailing operating results is available
on the Company’s website at www.keweenaw.com.
About Keweenaw Land Association, Limited: Keweenaw is a forest
products and land management company located in Ironwood, Michigan.
Keweenaw has land holdings of approximately 167,000 surface acres
and over 400,000 acres of mineral rights, located predominantly in
the western Upper Peninsula of Michigan. Keweenaw shares trade in
the OTC Markets under the Pink directory with 1,295,533 shares
outstanding.
Keweenaw Land Association, LimitedJames J. Simmons, Jr.,
Controller/Treasurer1-906-932-3410
Keweenaw Land Association (PK) (USOTC:KEWL)
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