More Investment In Kimberley

Posted on 23. Oct, 2008 by admin in Kimberley Alpine News

Tamara Gignac, Calgary Herald

Published: Friday, October 03, 2008

Financier Murray Edwards is selling half his interest in the Lake Louise resort area back to Charlie Locke — a former ski hill mogul who owned the property for decades before his company went into receivership.

Edwards, a major oilpatch player and co-owner of the Calgary Flames, controls a string of ski resorts under the umbrella of Resorts of the Canadian Rockies.

But the Calgary businessman is planning to shed half his stake in Lake Louise in order to concentrate on real estate opportunities in places like Fernie and Kimberley, a company spokesman confirmed Thursday.

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