Golf Club sale falls through | DrumhellerMail
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Last updateThu, 14 Nov 2024 9pm

Golf Club sale falls through

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A deal to sell Dinosaur Trail Golf and County Club has fallen through, however, it appears there is still interest from buyers for the attraction and facility.

 The Mail reported on October 25 that shareholders approved of the sale of the golf course and all chattels to Electra Holdings of Vancouver B.C. Club President Mike Yavis tells the Mail the buyer has backed out of the deal.

He says however there is still interest from other parties interested in purchasing the club.

“We are working on various things and we hope to have an update on January 2 or 3,” said Yavis. “There is definitely interest in it, and we are working on this to keep it together."

In September the board announced the course was up for sale. This came after ATB Financial decided to call the club’s loan.

 In light of the offer by Electra Holdings falling through, Yavis said ATB is being patient with the board as it works on its next step.


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