Today Marks a Milestone of Responsible Stewardship and Cultural Commitment

JUNEAU, ALASKA, May 7, 2025 — Today is the first Distribution Day for the Goldbelt Ancestral Trust (GAT). The distribution, totaling $1,267,000, will be made at a rate of $5.00 per share. Payments will be issued via check or direct deposit to all certified Distribution Beneficiaries as of the record date, April 23, 2025. The distribution will be made pro rata, or proportional to the number of qualifying Goldbelt shares held by each beneficiary.

The Goldbelt, Inc. Board of Directors had the discipline to follow its strategic plan and invested profits from the business operations into the GAT.

“Investing in the Goldbelt Ancestral Trust was part of the plan to create generational wealth for Goldbelt owners,” said Craig Kahklen, Chair of the Board for Goldbelt, Inc. “The GAT will make annual spring payments to lineal descendants of original shareholders forever.”

The Board of Trustees for the Goldbelt Ancestral Trust responsibly set up an investment policy and distribution policy that work together to create sustainable distributions while reinvesting a portion of annual profits in the principal of the fund.

“We are proud stewards of the Goldbelt Ancestral Trust and celebrate this milestone today,” said Ida Halm, Chair of the Board of Trustees for the GAT. “We have a solid foundation for the GAT and look forward to managing the investments to create consistent growth for future dividends.”

“In 2014, when shareholders approved the Goldbelt Ancestral Trust, they did so with future generations in mind, believing it may be 100 years before the Trust matured to the point of producing meaningful distributions,” said McHugh Pierre, Goldbelt President & CEO, and GAT Trust Manager. “The dedication to the Goldbelt strategic plan has produced results that allowed for the trust to be endowed faster than predicted and produce benefits 11 years after creation.”

For more information, visit the FAQ on MyGoldbelt – Proposed Elders’ Trust.