Knol Farms Limited 'UNDER AGREEMENT'

Known as Knol Farms Ltd., this sale, which may be structured as an Asset or Share sale, consists of a Blueberry (and other produce) processing and cold storage operation, consists of essentially ~10,000sf of on slab structures, with ~5930sf of processing and dry storage area, another ~3887sf of active deep freezer space, all wooden framed and with steel roof buildings (roughly 12 years old), and situated on approximately 11 acres of mostly cleared land and also featuring 2 office areas in the larger building, with electric heat, two washrooms, Utility Room, Hot Water Heater, Mechanical Room with two compressors, 600 Volt, 3-phase - 200 amp plus 240 amp Single Phase Power and newer Air Circulator, as well as two large outside concrete pads (~61' x 87' and ~60' x 71') , and all as used for the semi-processing of Blueberries and other produce and their subsequent freezing and storage thereof on site. The equipment is being sold off at an auction in early March and the land and buildings are reduced form $1.2M to only $795,000, to clear.... in a market where there are very few industrial buildings available!