February 12, 2019 - 9:39 AM EST
Keweenaw Land Announces Appointment of New CFO

Keweenaw Land Announces Appointment of New CFO

IRONWOOD, Mich., Feb. 12, 2019 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced that Claudio Nicoletta has been appointed as Chief Financial Officer effective February 11, 2019.

Mr. Nicoletta comes to Keweenaw from Boston Scientific Corporation, a publicly traded medical device manufacturer where he spent the last six years as a Finance Director – Global Operations, in the American Medical Systems Business Unit.  Mr. Nicoletta previously worked for United Health Group, Medtronic, Tennant Company and Steelcase, Inc. (each public companies).  Mr. Nicoletta received his bachelor’s degree at the University of Windsor and an MBA from Lake Superior State University.  He is a Certified Management Accountant.

"We are pleased to welcome Claudio to Keweenaw," said Keweenaw Chairman Jamie Mai. "Claudio brings impressive financial, strategic and operational experience. He has an outstanding track record of managing financial and business operations within public companies, and we look forward to leveraging his expertise and experience."

Contact: Paula Aijala, Secretary, Keweenaw Land Association, Limited, investors@keweenaw.com

About Keweenaw Land Association, Limited: Keweenaw is a forest products and land management company located in Ironwood, Michigan. Keweenaw has land holdings exceeding 180,000 surface acres and 400,000 acres of mineral rights, located predominantly in the western Upper Peninsula of Michigan and northern Wisconsin. Additional information is available on the Company's website at www.keweenaw.com.

Forward-Looking Statements: This letter contains forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties and should not be relied upon as predictions of future events or promises of a given course of action. A number of factors such as changing economic conditions, price fluctuations, land use, environmental and other governmental regulations, and risk of loss from natural disasters, could cause actual results to differ materially from those described in the forward-looking statements. As with any investment, past performance is not a guarantee of future results. The Company is currently not subject to the filing requirements of the Securities Exchange Act of 1934, as amended. The Company is categorized as "not current" under the OTC Pink Sheets.

Source: GlobeNewswire (February 12, 2019 - 9:39 AM EST)