The Cedars Presents an Exciting Investment Opportunity!
We are offering 33 preferred shares valued at $150,000. Each share can be redeemed for TWO serviced lots.
This is a rare opportunity to participate in our Conservation Subdivision on a spectacular piece of property in Fernie B.C.
The subscription opens on Wednesday the 29th of July.
For more information or to arrange a view of the property please contact us and read the FAQs on this website.
Subscription Agreement Highlights
- We are raising 5 million dollars to eliminate all debt and complete subdivision approval.
- With the purchase of a unit for $150,000, you will be able to redeem it for two lots in the development
- You can choose one large lot, (7500 sq ft), and one smaller lot, (4000 sq ft), first come first serve.
- If the project does not move forward we will return your funds plus 3% interest within 3 years of the subscription closing.
- Your preferred shares are non-voting, but you have first rights to the proceeds if the sale of the 120 acre property becomes necessary.
- The 120 acre property is currently zoned mixed residential for 265 units with over 50%, or 60 acres designated as green space.
- The subscription agreement will be available on Tuesday the 28th of July at 5:00 pm on this website.
- Please feel free to contact your local solicitor.
- If the subscription fails to close the monies held in trust will be returned the first week of October 2009
