The Regina Leader-Post has a good article on the startup of LMR.
The Last Mountain Railway started up on August 31 2009, pulling 25 cars out of the CN Regina yard. They are using the two GE B23-7 units I saw in Regina back in June 2009. They have been repainted to all black with white lettering.
Mobil Grain Ltd. is their major customer, as far as I can see.
I guess we can call this YASS, or "Yet Another Saskatchewan Shortline". I think this makes 11!