We regret to announce that we have reached the point where the window of opportunity has now closed in order for us to be able to complete the acquisition of Mt. Baldy Ski area out of Receivership and perform the lift maintenance and certification necessary to open the ski hill for this season.

We are VERY disappointed that we are unable to open the hill with the programs and improvements that we had planned for this season but we intend to stay the course with our plans and commitments for next year.

Although, regrettably, we have no certainty as to the outcome on the horizon for our acquisition of the ski area, we will be continuing to work on the plans and initiatives which will be necessary in order to open the resort successfully next year, if at all possible.

We will be unable to comment further in much detail going forward, as matters are now before the court.


For further information please contact:

Baldy Capital Corporation

(250) 498-4086