North American Fur Auctions Inc.

North American Fur Auctions Inc. (NAFA) is the largest fur auction house in North America with a tradition stretching back to 1670 and its original Hudson Bay Company roots. NAFA markets and sells approximately $800 million in furs annually and conducts business internationally. NAFA’s corporate head office and auction facility is located in Toronto, Ontario Canada with a satellite office in Winnipeg, Manitoba. NAFA’s U.S. head office, grading facility and pelt processing operation is located in Stoughton, Wisconsin. NAFA also has a state-of-the art grading facility in Poland, a European mink representative office in the Netherlands as well as international marketing/sales agents located in China, South Korea, Russia, Greece and Italy.