In This Issue:

• Message from the CEO
• Corporate News
• Operations
• Log Harvesting
• Mill Report
• Forestry News
• Millworks
• Information Systems
• Calendar

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• News Top

Message from the CEO

We are very proud to report that we received a community award from the Chamber of Commerce, and I would like to congratulate everyone as the award is recognition of our business excellence and could not have been achieved without the hard work and dedication of all employees.

This month has also resulted in some new opportunities for us in the timber business and aviation business.

We have acquired 49% interest in Tree Farm Licence 54 in Clayoquot Sound and are partnered with Ma-Mook Forest Resources. Ma-Mook is comprised of the five West Coast First Nations: Toquaht, Ahousaht, Ucluelet, Tla-o-qui-aht; and Hesquiaht, whose traditional territory is on the West Coast of Vancouver Island. We are currently engineering timber in the Kennedy Lake area and will be proceeding with harvesting in the third quarter.

The most recent news has been the acquisition of the two Martin Mars Water Bombers. We expect to take over all the assets as early as the middle of May, and we are currently working with a variety of potential customers on our ability to provide a fire suppression program for them.

I again would like to thank everyone for their contribution to the recognition of our business excellence, and I would like to remind everyone to work safe.

Wayne