CKX Lands provides update on strategic alternatives review; multiple parties expressed interest

CKX LANDS, INC.

Board initiated formal strategic review in August 2023; process ongoing with financial and legal advisors.
Multiple preliminary indications of interest received; select group given additional information.
Board formed subcommittee to oversee process; TAP Securities advising the board.
No assurances of a definitive agreement; shareholder approval would be required under Louisiana law.
Company will not comment further until process concluded or disclosure required by law.

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