The Battlefords, Thursday, July 23, 2015 - Page 2
armer ancher Serving the producers of Northwest Saskatchewan Thursday, July 23, 2015, North Battleford, Saskatchewan
90,000 acres available to livestock producers Staff
the province. Those producers awarded access to these Cattle ranchers who’ve lands will be responsible for struggled with dry condi- those costs. tions this season are getting They will be available some relief from the provin- on a first-come, first-served cial government. basis and the same grazLast week, provincial ing lease fees apply to these Environment Minister and lands as they do to agriculBattlefords MLA Herb tural Crown lands. Cox, along with Agriculture A list of what’s availMinister Lyle Stewart, an- able will be on the Ministry North Battleford, Saskatchewan nounced they would be mak- of Environment’s website ing available 90,000 acres of and available at local officFish and Wildlife Develop- es. Producers should contact ment Fund land to cattle pro- their local Ministry of Enviducers facing dry conditions ronment office for informaacross the province. tion. This land is located This is not the first time across the province and is these have been made availtypically used for conserva- able to cattle producers, as tion purposes. Some of the they were also opened up land being made available is during the dry conditions of fenced and has water sources 2009. available, but much of it will In a statement, Cox acneed temporary fencing and knowledged the tough conwater sources, according to ditions for cattle producers
armer
ancher
Serving the producers of Northwest Saskatchewan
Thursday, July 23, 2015,
this year. “We recognize the challenges that dry conditions have created for some cattle producers and are pleased to make this land available for grazing,” Cox said. “It will offer significant acres for cattle producers, and revenue generated as a result of this initiative will help fund future conservation initiatives.” Stewart welcomed the announcement. “We appreciate the Ministry of Environment making these lands available,” he said in a release. “The extremely dry conditions of this spring and summer have left many cattle producers searching for additional pasture. This grassland will help producers who are facing a shortage of feed for their cattle.”
SECOND SECTION
NWT cancels plans for share buyback Staff
—Photo by Louise Lundberg
The board of directors of North West Terminal Ltd. has announced it will not proceed with an issuer bid for its shares at this time. The company previously announced Feb. 20, 2015 its plan to buy back approximately $800,000 worth of Class A and Class B shares from shareholders. “The board of directors is very concerned about dryness in the region, as this has the potential to greatly reduce grain handling volumes,” says NWT’s president Brad Sperle, who farms near Unity. “This combined with lower oil prices, and reduced margins on the bio-products side of the business, will
likely mean lower revenues for both of our companies, NWT and NWB, meaning, as always, we will have to be very cautious about new spending. An issuer bid may be reconsidered by the board of directors in the future if circumstances change.” Because its press release contains forward-looking statements, NST states the following: “While these statements reflect our current expectations, they are subject to a number of risks and uncertainties, including but not limited to changes in the market and general economic conditions. Additional risks and uncertainties are described in NWT’s annual MD&A dated Feb. 11, 2015 and most recent interim MD&A dated June 23, 2015, both of which are filed on www.sedar.com.”
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Contact Battlefords Ag Society 306.445.2024 www.agsociety.com
Available at Battlefords Ag Society, All Innovation Credit Unions and Battlefords Co-op Grocery