Keweenaw Land Association, Limited Announces 2015 First Quarter Earnings

Keweenaw Land Association, Limited (OTC Pink: KEWL) today reported timber sales of $3,040,234 for the first quarter ended March 31, 2015, up $326,428, or 12%, from the $2,713,806 that the company reported in the comparable period in 2014. Timber Operations Income from the quarter totaled $454,290, up 110% from the $215,934 realized in the first quarter of 2014. There were no land sales included in pre-tax income for the first quarter of 2015, compared to $198,455 in the same period in 2014. Net Income from the quarter totaled $142,833, or $0.11 per share, versus Net Income of $131,963, or $0.10 per share, in the first quarter of 2014. A comprehensive quarterly 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 168,000 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 1,297,206 shares outstanding.