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Shareholder Rights

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Shareholder Rights Plan

WIT has put in place a shareholder rights plan, commonly known as a poison pill. Essentially this provides the WIT Board with time to evaluate and react to any hostile take-over bids. This type of plan is very common in Canada. Shareholder approval of the plan is required every two years. Complete documentation regarding the plan is available from the Terminal upon request.

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I have been involved with the Lomond 4-H Beef Club for about 8 years. The Weyburn Inland Terminal has always been a strong supporter of 4-H. They buy several steers from all the clubs every year and they’re a sponsor of the regional show as well. We’re happy that there are businesses like WIT that will step up and support 4-H. It’s one of the great youth activities and the kids learn a lot.

-Kelly Ashworth, Oungre