Zho-Tse, Inc. was established in 1973 under the provisions of the Alaska Native Claims Settlement Act (ANCSA), which provided 44 million acres of land and $963 million to Alaska indigenous peoples. The land and money were divided among regional, urban and village corporations. The settlement compensated the Natives for the collaborative use of our lands and opened the way for all Alaskans to profit from oil, essentially extinguishing Alaska Native claims to the land by transferring titles to 12 Alaska Native regional corporations and more than 200 local village corporations. Zho-Tse, Inc. is the village corporation for Shageluk with more than 260 enrolled shareholders. Jobs and training opportunities for our shareholders are of upmost importance to us.