Six Nations Ventures
 

History of Six Nations Ventures

Prior to May, 2004-

Meetings with Slocan/LP to state our intentions to manage the log yard at the Fort St. John proposed OSB plant.

There was reference in the different MOA's to the six Treaty Eight First Nations communities

Section (d) "create economic opportunities for the First Nation and its members, including training, employment contracting and other economic opportunities, as set out herein.

Also under 8.4 page 13 Contract Awards of the same MOA it states in part "shall use reasonable commercial efforts to award such contracts to one or more First Nation Entities" Under 8.5 Competitive Basis it states in part " due consideration to all relevant criteria including without limitation, price, quality, safety, sensitivity to environment, timing and other terms of delivery and past performance.

These clauses did not guarantee any contract but gave basis for the pursuing thereof.

Committee was established at the Treaty Eight Tribal Council office

Construction and post construction

The committee was composed of Kieran Broderick, Debra Smithson, Darrell Ketter and Lyle Mortenson.

Lyle Mortenson was assigned to put together a proposal and a company for a long term log yard contract at the mill site. Worked in setting up Three Nations Ventures

Two trips were completed by Six Nations Ventures (SNV) to mills that used portal cranes in their log yard operations. Proved invaluable to SNV

May 11th, 2004-

A proposal with covering letter was submitted to Mr. Derek Stewart, Project Manager dated May 11th, 2004 (plan attached to letter titled Proposal for Managing the Slocan/LP OSB Log Yard in Fort St. John, B.C.)

September/October 2004

Six First Nations Bands submitted letters requesting to be equal partners in Six Nations Ventures. They are Prophet River, Blueberry River, Halfway River, Doig River, West Moberly and Saulteau First Nations.

November 19th, 2004

Soft offer letter was received from Jeff Beale of the Slocan-LP OSB Corp.

December 2004

Canfor had bought out Slocan and thus the new legal name for the OSB plant is Canfor-LP OSB (G.P.) Corp. The common name used is Peace Valley OSB.

January 2005

A loan of $5,000 was requested from each First Nations community wanting to partner in SNV. This was received to a total of $30,000

January 17th, 2005

Six Nations Ventures was incorporated.

February 2nd, 2005

A short term contract was signed to cover spring months.

February 7th, 2005.

The first load of logs arrived and was handled by SNV

First load of logs unloaded Feb 2005
Six Nations Ventures unloading first load of logs at PV OSB, Feb 7th., 2005

July 25th, 2005

Six Nations Ventures was registered as a Limited Partnership 'Six Nations Ventures Limited Partnership'.

November 17th, 2005

A three year renewable term contract was signed between Canfor-LP (G.). Corp. and Six Nations Ventures Limited Partnership.

A lease with the option to purchase a 966 front end loader with Finning was completed. 7 days a week.

December 2005

A new 1800 Madill log loader under Lease with option to purchase was delivered. It had 943 hours on it as it had been used for a short period of time.

January 2006

Canfor/LP requested that we have another log loader and thus took delivery of a brand new Madill, also under lease with option to purchase.

February 2006

There was work coming up in the spring and different times of the year to forward logs in the yard. We took delivery of a logging truck and trailer.

March 25th 2006

Under our contract we were required to supply a second wheeled front end loader as a back- up. We thus purchased a 2000, 966 log loader with 7400 hrs that had the same attachments as our current wheeled front end loader. Both are multi task machines.

July 2006

SNV had applied for and was awarded $250,000 for Aboriginal Business Canada on two occasions. We thus purchase the two log loaders and the 966 front end loaders plus other equipment.

Sept 2006

We returned the $4,980 shareholders loan to the shareholders. Kept $20 for shares. That means that other than the $20, you have no financial risk in the company.

We have since located an office trailer on site for the workers and management.

2013

Louisiana Pacific Canada ltd., bought out Canfor's share in the mill. Mill now 100% owned by Louisiana Pacific Canada Ltd. Name of mill still called Peace Valley OSB (PV OSB)

August 2019

Peace Valley OSB shut down indefinitely. Contract with Six Nations Ventures terminated.

All SNV equipment moved off of site.

Contract signing

Canfor/LP General Manager, Chris Baby and SNV Business Manager, Lyle Mortenson, signing original contract for the log yard in 2005. Kieran Broderick and Carl Pouce Coupe standing