Hansen Creek Farms Ltd.

Miami Colony Farms Ltd. has acquired the shares of Hansen Creek Farms Ltd.

Industry:

Agriculture

Miami Colony Farms Ltd. has acquired the shares of Hansen Creek Farms Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to Hansen Creek Farms Ltd. in structuring and negotiating this share transaction with Miami Colony Farms Ltd.

Transaction Brief

This share transaction has allowed the shareholders of  Hansen Creek Farms Ltd. (“Hansen Creek”) to implement their succession strategy  while maximizing overall value and reducing the administrative burden of  selling the farmland and equipment piecemeal. By structuring a share sale and  selling the farm as a going concern, all farmland, equipment and working  capital were sold.

Hansen Creek is a 6,000-acre grain farm located in Ste.  Rose du Lac, Manitoba, that produces barley, canola, soybean and wheat.

Miami Colony Farms Ltd. (“Miami Colony”) is a Hutterian  Brethren colony located in Miami, Manitoba. It was founded in 1966 as a  division from the James Valley Hutterite Colony. Miami Colony operates grain  and hog farms, in addition to light manufacturing enterprises.