News Releases - June 4, 2019

SASKATOON, SK (June 3, 2019) – With equipment from more than 100 companies, Ritchie Bros.' latest Saskatoon auction covers nearly every industry. Auction highlights include late-model agriculture, construction, energy, and transportation equipment. The June 13 – 14, 2019 auction also includes game-worn Humboldt Broncos jerseys and other sports memorabilia selling for charity.

One of the consignors in the Saskatoon auction is BLS Asphalt Inc., a family-owned-and-operated business based in Regina, SK. Specializing in gravel crushing, road building, and urban construction, BLS has been in business for 20 years.

"We are doing a major realignment of our fleet, which is great news for buyers as all our equipment is late-model, well-maintained equipment ready to go to work for a new company—either locally or abroad," said BLS Vice President Jonas Short. "We have 40 items in the auction—dozers, loaders, crushing equipment and more. By selling with Ritchie Bros. we guarantee our equipment will be seen by buyers around the globe, helping us achieve true market value on auction day."

As mentioned above, the Humboldt Broncos have consigned a selection of game-worn jerseys from the 2018 – 2019 season. The design of these unique "third jerseys" was led by Ryan Gobeil from the Swift Current Broncos staff. Ryan's brother, Morgan, was one of the 29 people involved in the April 6, 2018 Humboldt Broncos bus accident. Also selling for charity in the auction are signed Winnipeg Jets and Chicago Blackhawks jerseys worn in their game on April 7, 2018—all have authenticity patches stitched inside. Following the auction, the Broncos organization will be making donations to the Royal University Hospital Trauma Unit and the Saskatoon City Hospital Rehabilitation Unit through their respective hospital foundations.

Specific equipment highlights in the two-day Saskatoon auction include two 2017 John Deere T670 combines, a 2018 Caterpillar 980M wheel loader, a 2012 Caterpillar D10T dozer, a 2015 Caterpillar D6N LGP dozer, a 2016 KPI-JCI JCI K300S portable cone crusher, and a 2015 Kolberg Pioneer 3055 31" x 51" portable jaw crushing plant. All 1,400+ items in the Saskatoon auction will be sold without minimum bids or reserve prices.

"Our goal is to have something for everyone—through our live events and various online marketplaces," said Jason Huber, Regional Sales Manager, Ritchie Bros. "As always, our Saskatoon event is open to the public. We encourage interested bidders to check out all the available equipment online at rbauction.com and/or come and inspect it in person at the auction site. Everything will sell to the highest bidders on auction day. Don't miss your opportunity to upgrade your fleet for summer work."

Dozens of on-the-farm auctions in June, July, and August
Starting June 17, Ritchie Bros.' ag auction team will head back out on the road for farm auction across Western Canada. Thirty-eight farm auctions will be held by the company between June 17 and August 8. For a complete lineup of upcoming onsite auction events, visit rbauction.com/farming. There are currently 4,000+ ag items set to sell in upcoming Ritchie Bros. auctions, including 500+ farm tractors,100+ combines, 100+ headers, and more. Agricultural equipment is also available through IronPlanet and Marketplace-E.

About Ritchie Bros.

Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance(R) equipment condition certification; Marketplace-E, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat(R) auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.

Photos and video for embedding in media stories are available at rbauction.com/media.

For more information, please contact:
Ian Malinski
Media Relations Manager
+1(778) 331-5432
CorpComm@rbauction.com