<SEC-DOCUMENT>0001217160-20-000006.txt : 20200109
<SEC-HEADER>0001217160-20-000006.hdr.sgml : 20200109
<ACCEPTANCE-DATETIME>20200109165230
ACCESSION NUMBER:		0001217160-20-000006
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200103
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200109
DATE AS OF CHANGE:		20200109

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JEWETT CAMERON TRADING CO LTD
		CENTRAL INDEX KEY:			0000885307
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			OR
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19954
		FILM NUMBER:		20518647

	BUSINESS ADDRESS:	
		STREET 1:		32275 NW HILLCREST
		CITY:			NORTH PLAINS
		STATE:			OR
		ZIP:			97133
		BUSINESS PHONE:		5036470110

	MAIL ADDRESS:	
		STREET 1:		P O BOX 1010
		CITY:			NORTH PLAINS
		STATE:			OR
		ZIP:			97133
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>jewett8kjan32020.htm
<DESCRIPTION>JEWETT CAMERON 8-K FOR JANUARY 2020
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
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<TITLE>Jewett Cameron Form 8-K</TITLE>
<META NAME="author" CONTENT="murray">
<META NAME="date" CONTENT="01/09/2020">
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<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
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<P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>UNITED STATES</B></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>Washington, D.C. 20549</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>FORM 8-K</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>CURRENT REPORT</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>Pursuant to Section 13 or 15(d) of the</P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>Securities Exchange Act of 1934</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>Date of Report (Date of Earliest event reported): &nbsp;January 3, 2020</P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>-------------------------------------------------------------------------------------</P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B><U>JEWETT-CAMERON TRADING COMPANY LTD</U></B><B>.</B></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0px" align=center><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=246 /><TD width=15.733 /><TD width=205.067 /><TD width=15.733 /><TD width=226.467 /></TR>
<TR><TD style="margin-top:0px" valign=top width=246><P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>BRITISH COLUMBIA</B></P>
</TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=205.067><P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>000-19954</B></P>
</TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=226.467><P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>NONE</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=246><P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>(State or other jurisdiction of incorporation)</P>
</TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=205.067><P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>(Commission file no.)</P>
</TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=226.467><P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>(I.R.S. employer</P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>identification no.)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=246><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=205.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=226.467><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=246><P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>32275 N.W. Hillcrest, North Plains, Oregon</B></P>
</TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=205.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=226.467><P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>97133</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=246><P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>(Address of principal executive offices)</P>
</TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=205.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=226.467><P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>(Zip code)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=246><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=205.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=15.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=226.467><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>(503) 647-0110</B></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>_________________________________________________________________</P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>(Registrant's telephone No. including area code)</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>Not Applicable</P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>_________________________________________________________________</P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>(Former Name or Former Address, if Changed since Last Report)</P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>_________________________</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=justify>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below:</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:24px; width:80px; font-family:Verdana,Times New Roman; float:left">[ &nbsp;&nbsp;]</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-family:Verdana,Times New Roman" align=justify>Written communications pursuant to Rule 425 under the Securities Act (17 CRF 230.425).</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:24px; width:80px; font-family:Verdana,Times New Roman; clear:left; float:left">[ &nbsp;&nbsp;]</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-family:Verdana,Times New Roman" align=justify>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:24px; width:80px; font-family:Verdana,Times New Roman; clear:left; float:left">[ &nbsp;&nbsp;]</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-family:Verdana,Times New Roman" align=justify>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:24px; width:80px; font-family:Verdana,Times New Roman; clear:left; float:left">[ &nbsp;&nbsp;]</P>
<P style="margin:0px; padding-left:80px; text-indent:-2px; font-family:Verdana,Times New Roman" align=justify>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.14e-4(c))</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=212.8 /><TD width=212.8 /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; border-bottom:3px solid #000000" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:3px solid #000000" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:3px solid #000000" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
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<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman"><B>Item 8.01 Other Events.</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=justify>On January 9, 2020, the Company announced it had completed the private repurchase and cancelation of 490,120 common shares from its two largest shareholders, representing approximately 12% of the Company&#146;s issued and outstanding shares.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman"><B>Item 9.01 Financial Statements and Exhibits.</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=justify>As described in Item 8.01 of this Current Report on Form 8-K, the following Exhibit is filed as Exhibit 99.1 to this Current Report on Form 8-K. </P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman">(d) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:240px; font-family:Verdana,Times New Roman; float:left"><U>Exhibit No.</U></P>
<P style="margin:0px; padding-left:48px; text-indent:-2px; font-family:Verdana,Times New Roman"><U>Description</U></P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:240px; font-family:Verdana,Times New Roman; float:left">99.1</P>
<P style="margin:0px; padding-left:240px; text-indent:-2px; font-family:Verdana,Times New Roman"><A HREF="jcjan92020nrfinal.htm"> News release dated January 9, 2020 </A></P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=212.8 /><TD width=212.8 /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; border-bottom:3px solid #000000" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:3px solid #000000" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:3px solid #000000" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=212.8><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
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<P style="margin:0px; font-family:Verdana,Times New Roman" align=center><B>SIGNATURE</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=justify>Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Verdana,Times New Roman" align=center>JEWETT-CAMERON TRADING COMPANY LTD.</P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=319.2 /><TD width=319.2 /></TR>
<TR><TD style="margin-top:0px" valign=top width=319.2><P style="margin:0px; font-family:Verdana,Times New Roman"><U>Date: &nbsp;January 9, 2020</U></P>
</TD><TD style="margin-top:0px" valign=top width=319.2><P style="margin:0px; padding-left:0.067px; font-family:Verdana,Times New Roman">By: <B><I><U>/s/ &nbsp;&#147;Charles Hopewell&#148;</U></I></B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=319.2><P style="margin:0px; padding-left:-0.933px; font-family:Verdana,Times New Roman">Name: Charles Hopewell,</P>
<P style="margin:0px; padding-left:-0.933px; font-family:Verdana,Times New Roman">Title: President/Chief Executive Officer/CFO/Director</P>
</TD></TR>
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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>jcjan92020nrfinal.htm
<DESCRIPTION>NEWS RELEASE DATED JANUARY 9, 2020
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<TITLE>Jewett Cameron News Release</TITLE>
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<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:14pt" align=center><B>Jewett-Cameron Privately Repurchases 490,120 Common Shares</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>North Plains, Oregon January 9, 2020 &#150; Jewett-Cameron Trading Company Ltd. (&quot;Jewett-Cameron&quot;) (NASDAQ:JCTCF) announces it has completed the private repurchase and cancellation of a total of 490,120 common shares from the Company&#146;s two largest shareholders. </P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>300,000 common shares were repurchased from Michael Nasser, Company co-founder and current Officer and Director, and 190,120 common shares were repurchased from the Donald Boone Irrev Trust, which holds the common shares formerly owned by Donald Boone, Company co-founder and former Officer and Director, after his passing in May 2019. The price for all the repurchased shares was $7.89, which is the Volume Weighted Average Price (VWAP) of all Jewett-Cameron shares traded on NASDAQ during the first quarter of fiscal 2020 ended November 30, 2019.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>&#147;The repurchase of these shares was beneficial for the Company, the sellers, and our shareholders,&#148; said CEO Charlie Hopewell. &#147;For the Company, we were able to utilize a portion of our current excess cash through a quick repurchase at a fixed price. For the sellers, co-founder Mr. Nasser sold a portion of his shares for financial planning purposes, while the Donald Boone Irrev Trust sold to distribute a specific amount of cash to the Trust&#146;s beneficiaries to fulfill the last will and testament of our other co-founder, Donald Boone. For all our shareholders, we hope they will benefit from higher EPS based on fewer outstanding shares.&#148;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>The total cost of the repurchase of the shares was $3,867,047 and was funded from the Company&#146;s current cash position. The repurchase and cancelation represents approximately 12% of the Company&#146;s previously issued and outstanding shares. After the cancelation of the repurchased shares, the Company has 3,481,162 common shares outstanding. </P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify><B>About Jewett-Cameron Trading Company Ltd.</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>Jewett-Cameron Trading Company is a holding company that, through its subsidiaries, operates out of facilities located in North Plains, Oregon. Jewett-Cameron Company&#146;s business consists of the manufacturing and distribution of patented and patent pending specialty metal products, wholesale distribution of wood products, seed processing and sales, and sales of industrial tools and clamps. The Company&#146;s brands include Lucky Dog, Animal House and AKC licensed products in the expanding pet market; fencing products under the Adjust-A-Gates, Fit-Right, Perimeter Patrol, and LIFETIME POST&#153; systems brands; Early Start, Spring Gardner, and Weatherguard for greenhouses; and TrueShade for patio umbrellas, furniture covers and canopies. Additional information about the Company and its products can be found the Company&#146;s website at <FONT style="color:#0000FF"><U>www.jewettcameron.com</U></FONT>.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify><B>Forward-looking Statements</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>The information in this release contains certain forward-looking statements that anticipate future trends and events. &nbsp;These statements are based on certain assumptions that may prove to be erroneous and are subject to certain risks, including but not limited to, the uncertainties of the Company&#146;s new product introductions, the risks of increased competition and technological change in the Company&#146;s industry, and other factors detailed in the Company&#146;s SEC filings. &nbsp;Accordingly, actual results may differ, possibly materially, from predictions contained herein.</P>
<P style="margin:0px" align=justify><BR>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>For further information, contact:</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>Charlie Hopewell </P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>President and CEO</P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>(503) 647-0110</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-left:24px; padding-right:24px; font-size:12pt" align=justify>Source: Jewett-Cameron Trading Company Ltd.</P>
<P style="margin:0px" align=justify><BR>
<BR></P>
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