1. Michael Hubbard Comm 447

2. Meadow Lake Mechanical Pulp Mill Approx. 13,640 loads of pulp per year (at 22 tonnes per load) NorSask Forest Products Approx. 24,000 Loads Per Year (3,300 board ft. per load) Meadow Lake OSB Approx. 15,000 loads per year (3,300 board ft. per load)

3. 1h 30 min

8. Leverage Local Networks Face-to-Face Meetings Get to know customer needs Establish trust Submit Bid Proposal Show customer why they should go with B-Line

9. Primary TargetMeadow Lake Mechanical Pulp Mill Secondary Target Meadow Lake OSB Tertiary TargetMeadow Lake Saw Mill Additional Options Hauling logs, grain hauling, mining equipment, general hauling to remote northern communities, etc.

10. 20152016201720182019 Hauls per Day (HpD) 12 19 39 Est. Hauling Days per Year 360 Revenue per KM $0.5700$0.5814$0.5648$0.5761$0.5596 Revenue per Haul (350 KM)$199.50$203.49$197.68$201.63$195.87 Estimated Annual Revenue $861,840$879,077$1,352,104$1,379,146$2,749,996 Allocation to Truck Drivers (80%)($689,472)($703,261)($1,081,683)($1,103,317)($2,199,997) Gross Profit $172,368$175,815$270,421$275,829$549,999 Operating Expenses (Appendix D)($174,229)($175,048)($192,920)($196,136)($339,941) Net Income (Loss) ($1,861)$768$67,568$69,333$182,751

11. Dividends paid Over 5 Year Projection$86,248 Net Pay Back$267,900 NPV (25% Required Return)$57,215 IRR42.9%