Coril Holdings Ltd. recently acquired the historic Ghost River Crossing, a well-known executive retreat and conference Centre near Cochrane. The business as well as the buildings and land were listed for sale for the first time since it was developed over 30 years ago.

Ghost River Crossing is a unique corporate retreat and conference facility situated on the banks of the Ghost River in Alberta’s foothills. Nestled in 155 acres of picturesque landscape, approximately 20 km north-west of Cochrane, Ghost River Crossing provides an ideal setting for corporate meetings and functions.

The conference centre consists of six buildings, complete with a commercial kitchen, conference room capacity for up to 50 people and overnight accommodation in 24 guest rooms, each with a private ensuite bathroom.

This acquisition fits synergistically with the Group’s vision of providing world class wellness programs in conjunction with both Inliv and The Crossing programs. The acquisition is scheduled to close in mid-January, 2011.