Ritchie Bros. to conduct 58 agricultural auctions in Canada over the next six weeks

Thousands of farm equipment items will be sold in the unreserved public auctions, including 400+ agricultural tractors, 135+ air drills, 100+ combines, 100+ headers, 85+ swathers

SASKATOON, March 18, 2015 /CNW/ - Ritchie Bros. (NYSE andTSX: RBA), the world's largest auctioneer of farm, construction and other equipment, will conduct 58 unreserved public agricultural auctions in Canada during March and April 2015. Thousands of items will be sold in the auctions, including 400+ agricultural tractors, 135+ air drills, 100+ combines, 100+ headers, 85+ swathers and a large selection of farmland. Auctions in Saskatoon, SK (March 23), Lethbridge, AB (March 26) and Regina, SK (April 7) will feature equipment from multiple equipment sellers. The other 55 auctions will be held on farms across Western Canada. Bids can be placed in the auctions in person, online in real time at rbauction.com and by proxy.

"We have an excellent lineup of farm equipment from owners across Western Canada to sell over the next six weeks," said Simon Wallan, Vice President of Agricultural Sales in Canada, Ritchie Bros. Auctioneers. "Spring is already starting across the prairies—much earlier than last year—and planting season is fast approaching, so this is the perfect time for farmers to purchase the equipment they need for the upcoming season. As always, every item will be sold to the highest bidder on auction day—no minimum bids, no reserve prices."

Ritchie Bros. will sell equipment for hundreds of owners in the upcoming auctions, including 27 parcels of farmland (4,281.26± title acres) and 150+ equipment items for Gerald and Nikki Zatelny on March 28 at their farm in Deadwood, AB.

"We're selling the whole farm—close to 200 items in one day," said Gerald Zatelny. "The equipment is late model and the farmland has been well taken care of. We chose to sell with Ritchie Bros. because they are professional, efficient and have the best advertising."

Ritchie Bros. will also sell 140+ farm equipment items and trucks for Brett and Donna Wellsch of Amberfield Farms on March 31 in Stewart Valley, SK.

"After 25 years, my wife and I are retiring. Our equipment is late-model and well-maintained, and service records are available for everything," said Brett Wellsch. "From John Deere combines to Kenworth truck tractors and everything in between, we are excited for it all to be sold. With Ritchie Bros., we know the auction will be exposed to buyers around the world."

Three large, unreserved public auctions featuring farm equipment, construction equipment and trucks:

• Saskatoon, SK (March 23) – 1,400+ items will be sold on auction day, including 35+ agricultural tractors, 25+ air drills, as well as combines, headers, construction and transportation equipment, and more. For more information visit rbauction.com/Saskatoon
• Lethbridge, AB (March 26) – 800+ items will be sold on auction day, including agricultural tractors, air drills, cultivators, augers, livestock handling equipment, as well as construction and transportation equipment, and more. For more information visit rbauction.com/Lethbridge
• Regina, SK (April 7) – 400+ items will be sold on auction day, including air drills, sprayers, agricultural tractors, headers, combines and more. For more information visit rbauction.com/Regina

55 on-the-farm auctions from B.C. to Manitoba:
Starting March 19, Ritchie Bros. will take its full-service, professional auctions from farm-to-farm and conduct 55 on-the-farm auctions across Western Canada in March and April. With each auction, Ritchie Bros. will set up on an owner's farm and sell their equipment. Some of these auctions also include livestock and real estate (farmland, recreational, residential and grazing lease).

"Most of the on-the-farm auctions are for retiring farmers who have invested their whole lives into this business," said Simon Wallan. "We want to thank all of them for trusting us to sell their assets."

For complete details on all upcoming Ritchie Bros. agricultural auctions, including detailed equipment information and high-resolution photos of equipment being sold, visit the Ritchie Bros. website at rbauction.com.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE andTSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. ^TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne^TM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauction.com/financing). Ritchie Bros. has operations in more than 19 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.

PHOTOS FOR MEDIA USE available at rbauction.com/media

SOURCE Ritchie Bros. Auctioneers

Ian Malinski, Corporate Communications Lead, Ritchie Bros. Auctioneers, Phone: [phone] or email [email protected] Or Simon Wallan, Vice President, Sales, Ritchie Bros. Auctioneers, Phone: [phone]