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Keweenaw Land Association, Limited (OTCMKTS:KEWL - Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 20 shares, a drop of 35.5% from the July 15th total of 31 shares. Based on an average daily volume of 359
Investors need to be mindful of it.
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:
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.
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 rights that were given to the company by the federal government over one hundred years ago.
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.
No recent filings indexed.