Terminal alters plan

Northwest Terminal at Unity, Sask., has abandoned a share buy-back because of changing financial conditions.

The board of the inland terminal announced a plan Feb. 20 to buy about $800,000 worth of class A and B shares from shareholders.

The board said in a news release that it is putting off the plan because revenue will likely be down as the dry weather reduces handling volumes.

Revenue is also down at the associated North West Bio-Energy Ltd. ethanol plant.


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