Ritchie Bros. to conduct complete dispersal auction for Bruce County Sawing and Lumber Ltd. in Cargill



    CARGILL, ON, Sept. 9 /CNW/ - Ritchie Bros. Auctioneers (NYSE and TSX:
RBA), the world's largest industrial auctioneer, will conduct a complete
dispersal of equipment for Bruce County Sawing and Lumber Ltd. at an
unreserved public auction in Cargill, Ontario on Tuesday, September 22, 2009.
More than 120 items will be sold to the highest bidders on auction day,
including air compressors, generator sets, welders, saws, conveyors, lumber
carts, debarking and wood chipping equipment, and shop and warehouse
equipment. Interested buyers can bid in person, online in real time at
www.rbauction.com or by proxy.
    "This auction will transcend the local market," said Brian Dykstra,
Ritchie Bros. Regional Manager. "We're selling a large selection of
well-maintained sawmill, logging and other equipment at our upcoming Cargill
auction. It's in excellent condition and all of it will be sold to the highest
bidders on September 22nd. This is a great opportunity for farmers and
foresters in the Cargill area and beyond to find the equipment they need at
the price they are willing to pay."
    The auction will be conducted on-site at Bruce County Sawing and Lumber
in Cargill. Like every Ritchie Bros. auction, the Cargill auction will be open
to the public and strictly unreserved. Every item will be sold to a new owner
on September 22, without minimum bids or reserve prices. Interested buyers can
inspect equipment at the Cargill auction site during regular business hours
leading up to the auction.
    John Hood of Bruce County Sawing and Lumber Ltd. said: "We went with
Ritchie Bros. because of their reputation. We know they can deliver a classy
auction and that's what we were looking for."
    Ritchie Bros. will conduct three other unreserved public auctions in
Ontario in the coming month: a one-day equipment and truck auction at its
Toronto permanent auction site (September 15); an agricultural equipment
auction at its London permanent auction site (September 18); and its first
Ottawa auction ever (October 6).
    To add your equipment to the Cargill or London auctions contact Harm
Spangenberg at +1.226.688.8800. To add your equipment to the Ottawa auction,
contact Greg Miller at +1.613.922.3464, and contact the Company's Toronto
auction site to add your equipment to that auction: +1.905.857.2422.

    
    Cargill auction details:
    ------------------------

    -   Location: Bruce County Sawing and Lumber, 1002 Bruce Road No. 15,
        Cargill, ON
    -   Toll free site phone: +1.800.357.0659
    -   Toronto, ON site phone: +1.905.857.2422
    -   Time and date: Tuesday, September 22, 2009 starting at 9:00 a.m.
        (EST)
    -   Interested buyers can bid in person, online in real time or by proxy:

           -  Visit the auction site to register to bid in person; photo I.D.
              is required.
           -  Internet bidders must register online before auction day at
              www.rbauction.com; at least 2-3 business days is recommended
              for first-time internet bidders.
           -  Phone the auction site to place a proxy bid.

    -   Equipment details, including photos, are available on the Ritchie
        Bros. web site: www.rbauction.com.

    About Ritchie Bros.
    

    Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the
world's largest industrial auctioneer, selling more equipment to on-site and
online bidders than any other company in the world. The Company has over 110
locations in more than 25 countries, including 39 auction sites worldwide.
Ritchie Bros. sells, through unreserved public auctions, a broad range of used
and unused industrial assets, including equipment, trucks and other assets
utilized in the construction, transportation, agricultural, material handling,
mining, forestry, petroleum and marine industries. The Company maintains a web
site at www.rbauction.com and sponsors an equipment wiki at
www.RitchieWiki.com.





For further information:

For further information: Kim Schulz, Manager, Corporate Communications,
Ritchie Bros. Auctioneers, Phone: (778) 331-5442 or email
kschulz@rbauction.com; Or Brian Dykstra, Regional Manager, Ritchie Bros.
Auctioneers, Toronto site phone: (905) 857-2422


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