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Tuesday, 10/21/2008 11:16:26 AM

Tuesday, October 21, 2008 11:16:26 AM

Post# of 8585
Hmmmm.......
Bummer


2008-09-08
Whitewater Welcomes New Owners

Knee Deep Development Corp. is very pleased to announce the have purchased Whitewater Ski Resort from Mike and Shelley Adams.� Lots of exciting plans will roll out over the next few months and will be posted on the website.

2008-08-11
The Pending Sale of Whitewater Ski Resort

Mike and Shelley Adams are very pleased to announce that they have accepted an offer for the pending sale of Whitewater Ski Resort to a Calgary based company, Knee Deep Development Corp. The sale will be finalized at the end of August after a standard period of due diligence with the new owners taking over the resort operations on the 31st.

Mike and Shelley have been involved with Whitewater since 1985 and have worked hard to find a group of like minded owners that will take the area to the next level. "We are very pleased with what we are hearing from this new group and feel that we are leaving Whitewater in good hands" says Mike.

The new owners, Dean Prodan, Andrew Kyle and Mitch Putnam, all based in Calgary, are enthusiastic supporters of Whitewater and fully recognize the importance of Whitewater to the local Nelson economy. The group intend to move forward with the Master Development Agreement that is already in place but as avid skiers appreciate the uniqueness of the area and will work towards maintaining Whitewater's culture.

The first step has been to appoint a new General Manager, Brian Cusack. A long time Nelson resident, Brian comes with an impressive resume in the ski industry. Most recently employed as the GM at Castle Mountain, just outside Pincher Creek, Alberta, he comes to Whitewater with a strong background in ski area development and is looking forward to a much shorter commute!

Further details will be released once the new ownership is in place.
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