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Bearspaw Equity Ventures Acquires the Assets of Bearspaw Country Club

CALGARY, Alberta--(BUSINESS WIRE)--

Further to Alberta Court of Queen’s Bench Court Order No. 1901-06704, Bearspaw Equity Ventures Limited (the “Corporation”) is pleased to announce its successful acquisition of the assets of “Bearspaw Country Club Ltd.” effective today, October 30, 2019. The Corporation is an Alberta private corporation, with former members of Bearspaw Country Club Ltd. holding, together as a group, the largest share position.

The Board of Directors of the Corporation wish to extend an invitation to past Bearspaw members and other interested parties to join them for a series of Town Hall presentations in early November where they will roll out the new non-equity “Bearspaw Membership Plan” with the intent of repopulating the club in the coming months. They will also speak about their plans for completing the new clubhouse. More information will be forthcoming on this.

The Corporation and its Board of Directors wish to thank past members for their patience during the last twelve months and look forward to reengaging with those past members as well as potential new members during the coming weeks.

Disclaimer

This press release contains "forward-looking statements" with respect to the Corporation including, without limitation, statements regarding the upcoming Town Hall presentations, including the timing and content thereof, and the Corporation's future plans. Although the Corporation believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties and are based on information currently available to the Corporation. Actual results or events may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are made as of the date hereof, and the Corporation assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

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