Farmers Equity Trust
The primary purpose of the Farmers Equity Trust is to own the Class B shares in G3 Canada Limited (formerly CWB) which were issued to the Trust on July 31, 2015. These shares represent farmers’ opportunity to have an economic interest in G3 Canada Limited.
The Trust also oversees the allocation and issuing of Trust Units to farmers who have done business with CWB since August 1, 2013, or who continue to do business with G3 Canada Limited until the Trust’s equity position is fully allocated or the shares of G3 held by the Trust are sold, as outlined in the Declaration of Trust and the shareholder’s agreement of G3 Canada Limited.