Overview of Settlement Trust After 2017 Tax Act

The Alaska Native Claims Settlement Act (ANCSA) Amendments of 1987 permit Alaska Native corporations (ANCs) to establish settlement trusts, which were designed as a mechanism for replacing or supplementing corporate dividends.

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Totchaket Drilling Update

Targeting a promising oil and gas prospect, CIRI joined fellow Alaska Native regional corporation Doyon, Limited in drilling the Totchaket #1 well.

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ANVCA Shines Light on Contaminated Lands Issue

Unbeknownst to them at the time, hundreds of contaminated sites would be conveyed to ANCs under ANCSA – including 650 “known” tracts of land, according to a 1998 U.S. Department of the Interior report.

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New Permitting Process for Access to CIRI Lands

For the first time this summer, the Kenai River Sportfishing Association will assist CIRI in issuing permits to members of the general public who wish to access CIRI lands along the Kenai River for the purpose of sportfishing.

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2018 Election Results

Preliminary results indicate that CIRI shareholders elected five individuals to the CIRI Board of Directors at the company’s 2018 Annual Meeting.

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