IRONWOOD, Mich.--(BUSINESS WIRE)--Keweenaw Land Association, Limited (OTC Pink: KEWL) today announced the final election results from its 2013 Annual Shareholder Meeting held May 20, 2013 in Ironwood, Michigan. The results, certified by Corporate Election Services, confirm the re-election of current board members, Mr. John E. Earhart and Ms. Marjorie E. Nesbitt, to new three-year terms on the Keweenaw Board of Directors. Anderson, Tackman & Company were confirmed as auditors for 2013.
For the fifth time, dissident candidate, Ronald S. Gutstein, was defeated. Mr. Gutstein did not attend this year’s Annual Meeting and only 9,464 votes were submitted on his behalf to the independent Inspector of Elections, approximately 1% of votes cast.
About Keweenaw Land Association, Limited: Keweenaw is a forest products and land management company located in Ironwood, Michigan. Keweenaw has land holdings of approximately 162,000 surface acres and over 400,000 acres of mineral rights, located predominantly in the western Upper Peninsula of Michigan. Keweenaw shares trade in the pink sheets with 1,294,118 shares outstanding.