Oil wealth from the North Slope is fueling Native corporation dividends statewide. That includes Southeast’s Sealaska, which is issuing its second-largest shareholder payment this decade. The profits will help replace investment earnings hit hard by the falling stock market.Related Link: Click here, then on “more” for dividend details and earlier reports on Sealaska.
Southeast
Sealaska invests in second California casino
Southeast Alaska’s regional Native corporation is continuing to push its investment in a second California casino. That’s despite growing opposition from local residents, including the town’s city council. Sealaska is working with a Pomo Indian group to develop the gambling resort about 90 miles north of San Francisco.Related Link: Click here, then on “more,” for links to information about the casino plan.
Sealaska shareholders re-elect incumbents
Sealaska shareholders re-elected four members of the corporation’s board of directors at June 28th’s annual meeting in San Francisco. The board is looking at increasing investments in Southeast to help economically-strapped villages.Related Link: Listen to a report on Sealaska’s investments and revenues.
Sealaska annual meeting Saturday in San Francisco
Southeast Alaska’s regional Native corporation holds its annual meeting June 28th. But it’s in California, not Alaska, this year.Related Link: Click here, then on
Finding a link to On Your Knees Cave man
What if you could trace your family to a single man who lived over ten millenia ago? It’s a mind-boggling concept that Southeast Alaskan Natives may one day have a chance to contemplate. Scientists recently took advantage of one of the largest gatherings of Southeast Natives to collect DNA samples from volunteers. They want to learn more about how Southeast Alaska Natives relate to other Native Americans and maybe establish a link to one of the oldest remains ever found in Alaska. Matt Miller has the story.
Sealaska revenues jump; timber company diversifies
Southeast Alaska’s regional Native corporation had its highest revenues in recent memory last year. Sealaska made money from investments, timber operations and a number of other subsidiaries. The corporation’s annual report was released as shareholders prepared for Sealaska’s annual meeting, which will be held this year in San Francisco.Related Link: Link to Sealaska’s annual report and proxy statement, with board candidate info.