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Press release from CNW Group

Ritchie Bros. to sell premium British Columbia real estate by unreserved auction in Edmonton, AB

Wednesday, August 21, 2013

Ritchie Bros. to sell premium British Columbia real estate by unreserved auction in Edmonton, AB

14:00 EDT Wednesday, August 21, 2013

The two-day Edmonton auction features more than 4,275 equipment items and trucks

EDMONTON, Aug. 21, 2013 /CNW/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, will conduct a two-day heavy equipment and real estate auction in Edmonton, AB on September 4 - 5, 2013. The auction features more than 4,275 equipment items and trucks, as well as a unique opportunity to purchase premium real estate by unreserved auction—with every item in the auction, including real estate, being sold with no minimum bids or reserve prices. Available real estate includes four residential home sites on Kootenay Lake, near Creston, BC; a country residential acreage also in Creston; and a 6.8±-acre sport fishing lodge in Sandspit, BC. Bids will be accepted at the auction site, online in real-time at www.rbauction.com or by placing proxy bids in person or by phone.

"With more than 4,275 heavy equipment items and trucks already consigned, and a great selection of premium real estate, this auction will certainly have something for everyone," said Jim Rotlisberger, Regional Sales Manager, Ritchie Bros. Auctioneers. "It's not every day that a sport fishing lodge goes up for sale—let alone one being sold by unreserved public auction where anyone can bid—this is a very unique opportunity. In this auction we also have a great selection of cranes, as well as earthmoving, forestry and transportation equipment."

Real estate highlights include:

  • Sandspit Adventures sport fishing lodge in Sandspit, BC - Located steps from the Sandspit marina in the beautiful Queen Charlotte Islands, this sport fishing lodge features spectacular ocean views and includes 24 private guest rooms, a great room with adjoining patio, dining room, kitchen & bar, as well as a shop/fish processing building and two storage buildings.
  • Four residential home sites (to be sold individually) in Twin Bays Village, east side of Kootenay Lake, near Creston, BC - A lakeside development, Twin Bays Village is approximately 25 minutes north of Creston, BC offering many recreational opportunities such as golf, fishing and water sports.
  • Country residential acreage with three dwellings located just north of Creston, BC
  • Two residential homes and a residential building lot (to be sold individually) located in Sandspit, BC

More information and photos of the real estate are available at www.rbrealestate.com.

Equipment highlights in the auction include: 145+ pickup trucks, 90+ truck tractors, 60+ excavators, 35+ crawler tractors, 30+ flatbed trucks, 25+ wheel loaders, 15+ articulated dump trucks, 10+ motor graders and much more.

Equipment in the auction will be sold for more than 575 sellers, including forestry and earthmoving equipment for Bill Armstrong Trucking Ltd., a Thorhild, AB-based company working in multiple industries, including logging, gravel hauling and farming.

"My wife and I have been running the company for 43 years and have decided to slow down and retire the logging side of our business," said Bill Armstrong, owner of Bill Armstrong Trucking Ltd. "We've bought and sold used equipment with Ritchie Bros. many times and I like to make sure that every time I sell my equipment it is in a condition that I would want to buy myself—it's well maintained and ready to go. Ritchie Bros. has a global auction network and as a seller you can't match their ability to reach beyond the local market."

Consignments are still being accepted for the Edmonton auction; anyone interested in selling their equipment can contact the auction site at +1.780.955.2486. For more information on this or any other Ritchie Bros. auction, visit www.rbauction.com.

Selling Big - Series Premieres September 4 on Cottage Life
The September 4 - 5, 2013 Edmonton, AB auction will be filmed as part of a new television series called Selling Big , starring Ritchie Bros. Auctioneers. Focusing on Ritchie Bros. customers, its employees and a whole lot of equipment, Selling Big tells the story of big machinery and big price tags. The show consists of 13 episodes and premieres on the new Cottage Life channel on Wednesday, September 4 at 10 pm (Eastern & Pacific Time). For more information visit: www.CottageLife.com.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne TM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.

ATTENTION MEDIA : Photos and other media resources are available for use at http://www.rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.


SOURCE: Ritchie Bros. Auctioneers

For further information:

Ian Malinski, Corporate Communications Specialist, Ritchie Bros. Auctioneers
Phone: +1.778.331.5432 or email CorpComm@rbauction.com

Or

Jim Rotlisberger, Regional Sales Manager, Ritchie Bros. Auctioneers
Phone: +1.780.955.2486

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