Keweenaw Land Association, Limited (OTCPK:KEWL) acquired 29,071 Acres of Severed Mineral Properties in Michigan And Wisconsin from Sage Minerals Inc. for $5 million on October 5, 2021. The consideration was paid in cash. The acquired acreage is under a lease and option agreement with Highland Copper Company that has been assumed by Keweenaw and will convert to a royalty. Over 60% of the purchase price was funded from cash held in escrow from recent land sales. Keweenaw Land Association, Limited (OTCPK:KEWL) completed the acquisition of 29,071 Acres of Severed Mineral Properties in Michigan And Wisconsin from Sage Minerals Inc. on October 5, 2021.