Complete Dispersal Auction for Stoney Creek Industries Ltd and Alvin & Tracy Bancarz    24HI

Leases      

Athabasca, AB

3 Gravel Pits and 2 Access Road Leases (Selling As One Lot)24HI11001-066

This item is "Unreserved" and sells to the highest bidder.

*SML110036/DLO111469 - 79.40± Acre Phase 1 and Phase 2 gravel pit, with the lease good until June 2034. the reclamation fees of $79,400.00 ($1/acre) are paid and refundable to the new owner. This gravel pit has brought in strong numbers at 529433.70 tonne from 2012-2023. *SML140062/DLO111469 - 78.51± Acre Phase 1 and Phase 2 gravel pit, with the lease good until May 2029. the reclamation fees of $25,740.00 are paid and refundable to the new owner. This gravel pit has brought in strong numbers at 151887.90 tonne from 2019-2023. *SML030071/LOC062142 - 43.86± Acre Phase 1 ONLY gravel pit, with the lease good until Oct 2029. the reclamation fees of $27,180.00 are paid and refundable to the new owner. This gravel pit has brought in strong numbers at 144793.90 tonne from 2021-2023.

Sales Rep:
Curtis Rusnak 780-888-7722
Contact:
Call Alvin @ 780-689-1906  for more information.
Location:
Near Athabasca, AB
Viewing:
Offsite equipment can be viewed by contacting the listed contact at the phone number provided.
Loadout:
Offsite loadout will be by appointment by calling the listed contact at the phone number provided. Buyer or his transporter will require a paid invoice to have items released.

NOTE: The new buyer will need to pay any fees associated with the application to transfer. A sample application form is attached.
**Revenue brought in by these gravel pits from the past 3 years was $1,320,000.47 (Apr 2023-Mar 2024), $2,358,957.50 (Apr 2022-Mar 2023) and $5,368,145.25 (Apr 2021-Mar 2022).
**The Seller agrees to sign all three Assignment of Dispositions required to transfer the gravel leases as well as a letter stating the cash securities will be transferred to the new owners, which will need to accompany the Assignment of Dispositions.
**The Seller will allow interim usage after the sale and while the transfer is taking place.

A pdf with more information on this item is available
View PDF

Register To Bid Online


Go to Auction

Leases Complete Dispersal Auction for Stoney Creek Industries Ltd and Alvin & Tracy Bancarz – Athabasca, AB, Aug 3, 2024

Top