InvestorsHub Logo
Followers 55
Posts 6906
Boards Moderated 2
Alias Born 01/05/2007

Re: BigCat post# 18

Wednesday, 05/25/2016 9:09:06 PM

Wednesday, May 25, 2016 9:09:06 PM

Post# of 23
PEAK RESORTS ANNOUNCES MOUNT SNOW EB-5 PROJECT APPROVAL

Company Release - 5/25/2016 4:15 PM ET
WILDWOOD, Mo., May 25, 2016 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ:SKIS), a leading owner and operator of high-quality, individually branded ski resorts in the United States, today announced that the United States Citizenship and Immigration Services (USCIS) approved the company’s Mount Snow EB-5 program. The related $52 million in funds raised from investors for the Mount Snow development projects will be released from escrow immediately following the approval of the first I-526 Petition submitted by an investor in the Mount Snow EB-5 offering. Historically, the Petition approvals occur shortly after program approval.

http://ir.peakresorts.com/file/Index?KeyFile=34487292

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.