Pound-Maker Corporate Information

Pound-Maker Investments Ltd. (PMI), formerly known as Pound-Maker Feeders Ltd., is the privately traded company comprised of more than 200 shareholders owning a total of 643,000 shares. These shareholders hold an average 2,552 shares each. There are 52% of the shares within a 20 mile radius of Pound-Maker, and an additional 28% between 20 and 50 miles of the feedlot. The remaining 20% covers every corner of Saskatchewan as well as most of Canada.

During 1990, prior to the feedlot expansion and the construction of the ethanol plant, Pound-Maker Investments Ltd. established a new entity, Pound-Maker Agventures Ltd. (PMA) with minority shareholders Saskatchewan Wheat Pool and Mohawk Oil. Since 2002, all of the shares of Pound-Maker Agventures Ltd. have been re-purchased by Pound-Maker Investments Ltd. Pound-Maker Agventures Ltd. is the operating company of both the feedlot and ethanol plant.

Recently, Pound-Maker Capital Corp. (PMCC) was created as a wholly owned company of Pound-Maker Investments. The purpose of Pound-Maker Capital Corp. is two-fold: firstly, it holds a minority interest in Pound-Maker Agventures, and secondly, and more importantly, it provides financing for Pound-Maker Agventures Ltd. feeding customers.

All of the Pound-Maker Companies are governed by a Board of Directors, consisting of 8 shareholders, elected by Pound-Maker Investments Ltd. at its annual meeting. It meets quarterly to discuss current performance, relevant issues and future strategies. Historically, the Board has focused primarily on growth, repayment of debt, and maintaining a strong equity position. Over time, the company has achieved its goal of providing market and employment opportunities for its stakeholders and the community. As a result of these strategies, much of the long term debt associated with our ethanol and feedlot expansions has been repaid.

As Pound-Maker looks forward, it will focus on a balanced approach achieving both corporate growth and a return to its shareholders; through dividends, the preferential opportunity to do business with the company, and increased share value.

Corporate Structure

Individual Shareholders

Board of Directors
8 members elected by shareholders

Pound-Maker Investments Ltd.
Pound-Maker
Agventures Ltd.
Pound-Maker
Capital Corp.

 

Board of Directors

Name, Address, Office Held       Director Since          End of
    Current Term   

Brad Wildeman
Lanigan, SK
Chairman & President of PMI

2016 2019

Blake Bergen
Drake, SK
Director, Chair - Audit Committee

2010 2016

Kyle Bergen
Lanigan, SK
Director

2016 2019

Darren Blair
Drake, SK
Director & Chief Financial Officer of PMI

2009 2018

Sean Edwards
Nokomis, SK
Director

2014 2017

Brad Hanmer
Govan, SK
Director

2012 2017

Mark Silzer
Humboldt, SK
Director, Chair - Human Resources Committee

2003 2018

Mylles Wildeman
Lanigan, SK
Director

1985 2018