Britco and the K’ómoks First Nation Enter Business Partnership

For Immediate Release

COMOX, BC (March 26, 2014) – K’ómoks First Nation and Britco have signed a revenue sharing agreement that will see both parties work together to execute modular construction and building rental projects on the traditional territory of the K’ómoks First Nation.

“Britco’s experience designing and building large construction projects in a safe and sustainable way made this partnership opportunity appealing,” said Robert Everson, Chief of the K’ómoks First Nation. “Britco’s track record of success working with Aboriginal communities in a way that is consistent with the values of its partners is important to us,” said April Shopland, President of the K’ómoks Economic Development Corporation.

The K’ómoks First Nation is located in the Comox Valley on the east coast of Vancouver Island. At the outset, Britco and K’ómoks will be working together to secure building rental opportunities for the BC Hydro John Hart Dam Project and other construction projects. Both Britco and K’ómoks will also be working together on other opportunities that require design build construction management expertise.

“The business focus and expertise of the K’ómoks First Nation means that Britco will receive advice and expertise in a growing part of Vancouver Island. In the K’ómoks First Nation, we have a partner that is connected to the business community, has relationships that will strengthen our supply chain, and help us build important customer relationships,” said Mike Ridley, President of Britco.

Chief Robert Everson is pleased that as part of the Agreement, Britco will also provide skills training and scholarship opportunities for members of the K’ómoks First Nation.

Contacts:

Meghan Cairns
Communications Manager
Britco
mcairns@britco.com
604.679.9032

Melinda Knox
CEO, KEDC
K’ómoks First Nation
melinda.knox@comoxband.ca
250 339-4545

About K’ómoks First Nation:

The K’ómoks First Nation is a key economic stakeholder in the Comox Valley. The community has always relied on the rich bounty from land and sea. Today, band owned and operated businesses through the K’ómoks Economic Development Corporation focus on tourism and natural resources, weaving past and present into a strong economic future for the K’ómoks people.

The K’ómoks First Nation Band Office has a number of high-profile investment and joint-venture opportunities for progressive investors looking for business ventures.

About Britco:

With approximately 1,000 employees in Australia, Canada, and the United States, Britco is one of the largest modular construction companies in the industry.

Britco provides temporary and permanent residential and commercial modular buildings and offers leading design-build capabilities as well as turnkey construction management services for a wide range of customers in the construction, energy and resource sectors.

Britco is headquartered in Langley, British Columbia. Britco’s parent company is Vancouverbased WesternOne Inc., (TSX: WEQ). Additional information about Britco and WesternOne is available at www.britco.com, www.weq.ca or www.sedar.com .

NT5