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Ritchie Bros. Mails Letter to Shareholders Regarding IAA Acquisition

VANCOUVER, BC,  - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) ("Ritchie Bros.") today issued the following letter reinforcing the outstanding value creation opportunity presented by the acquisition of IAA, Inc. (NYSE: IAA) ("IAA") and highlighting support the Company is receiving from many shareholders and independent third-party industry analysts.

The Company's Special Meeting of Shareholders to vote on proposals necessary to complete the IAA acquisition is scheduled for March 14, 2023. The letter, which is also being mailed to shareholders, and additional materials related to the Special Meeting can be found at www.RBASpecialMeeting.com.

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How Recent Rains Changed Oklahoma's Drought Monitor - Mesonet Weather Report

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Recent rainfall has brought much-needed relief to parts of Oklahoma, but how much has it changed the state's drought conditions? In this edition of the Mesonet Weather Report, Oklahoma State Climatologist Gary McManus breaks down the latest U.S. Drought Monitor update and explains how recent precipitation has impacted drought intensity across the state.