About Westshore Terminals Investment

Westshore Terminals Investment Corporation operates a coal storage and loading terminal at Roberts Bank, British Columbia (the ‘Terminal’). The company owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). Westshore has contracts to ship coal from mines in British Columbia, Alberta and Montana. Coal is delivered to the Terminal in unit trains operated by Canadian Pacific Railway, BNSF Railway, and Canadian National Railway. The product is unloaded and either directly loaded onto a ship or stockpiled for future ship loading. The loaded ships are destined around the globe to approximately 18 different countries, with the largest volumes being shipped to Asia. Westshore’s contract with Teck Resources, which has been Westshore’s major customer, expires March 31, 2021. All of Westshore’s operating revenues are derived from rates charged for loading coal onto seagoing vessels. History Westshore Terminals Investment Corporation was founded in 1970. The company was incorporated under the Business Corporations Act (British Columbia) in 2010.