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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 31, 2024
JEWETT-CAMERON TRADING COMPANY LTD.
(Exact name of registrant as specified in its charter)
| A1BRITISH COLUMBIA | 000-19954 | 00-0000000 |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
32275
N.W. Hillcrest, North Plains, OR
97133
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (503) 647-0110
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||
| Common Stock, no par value | JCTCF | NASDAQ Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
The Company has listed for sale or lease its 11.6 acre property located at 31345 NW Beach Rd, Hillsboro, OR 97124. This is the former location of Jewett-Cameron Seed Company. The listing is through Macadam Forbes Commercial Real Estate Services. The asking sale price is undisclosed while the asking lease rate is $40,000 per month, triple net.
Item 9.01 Exhibits
| Exhibit No. | Description | |
| 99.1 | Jewett-Cameron News Release dated July 31, 2024 | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
| JEWETT-CAMERON TRADING COMPANY LTD. | ||||||
| Date: August 5, 2024 | By: |
/s/ “Chad Summers” |
||||
| Name: | Chad Summers |
|||||
| Title: | President and Chief Executive Officer |
|||||
Exhibit 99.1
Jewett-Cameron Lists 11.6 acre Property for Sale
North Plains, Oregon, July 31, 2024 – Jewett-Cameron Trading Company Ltd. (NASDAQ: JCTCF) listed their 11.6 acre property at 31345 NW Beach Rd, Hillsboro, OR 97124, for sale on July 29, 2024. The property is a corner lot industrial property with excellent access, visibility and frontage located immediately off the Glencoe exit on Highway 26.
The property is being listed for sale and also for lease through Macadam Forbes Commercial Real Estate Services. The asking sale price is undisclosed while the asking lease rate is $40,000 per month, triple net.
The property is the former location of Jewett-Cameron Seed Company and has historically been used for seed processing and storage. The combined size of the buildings is approximately 109,500 square feet. One of the buildings is specialized for the seed industry, while most are metal warehouse buildings with power, allowing a wide array of possible uses. The rural industrial zoning designation within Washington County allows for use of the existing property, or development of the site, as approved by the County. Allowable uses under a Type I, II, or III procedure at the County level include but are not limited to: Contractor's yard, telecom facilities, forest products, lumber/sawmill, materials uses such as concrete and asphalt, and special recreation.
The property is currently zoned “Rural Industrial” (RIND) in Washington County. The Company is exploring the potential to re-zone the property, or revise the existing code, to expand the list of permitted uses. The property is also located within the study area for the contemplated expansion of the City of North Plains’ Urban Growth Boundary (UGB). The expansion effort is ongoing and not yet adopted, but it demonstrates the property’s role as a central site in North Plains’ future development.
About Jewett-Cameron Trading Company Ltd.
Jewett-Cameron Trading Company is a holding company that, through its subsidiaries, operates out of facilities located in North Plains, Oregon. Jewett-Cameron Company’s business consists of the manufacturing and distribution of patented and patent pending specialty metal and sustainable bag products, and wholesale distribution of wood products. The Company’s brands include Lucky Dog®, for pet products; Adjust-A-Gate®, Fit-Right®, Perimeter Patrol®, Infinity Euro Fence, and Lifetime Steel Post™ for gates and fencing; MyEcoWorld® for sustainable bag products; and Early Start, Spring Gardner™, Greenline®, and Weatherguard for greenhouses. Additional information about the Company and its products can be found the Company’s website at www.jewettcameron.com.
Contact: Chad Summers, President & CEO, (503) 647-0110
Source: Jewett-Cameron Trading Company Ltd.
Broker contact Info:
Clayton Madey
Macadam Forbes, Inc.
2 Centerpointe Drive, Suite 500
Lake Oswego, OR 97035
Cell: (503) 896 6286
clayton@macadamforbes.com