DLC Holdings Corp. (TSXV:DLC) entered into a share purchase agreement to acquire Blacktail Mountain Ski Area LLC and Blacktail Mountain, Inc. for $3.5 million on August 26, 2019. As per the terms, DLC Holdings will issue approximately 18.5 million shares. These shares will be subject to the mandatory holding period as defined by the TSX Venture Exchange. Completion of the transaction is subject to a number of conditions, including but not limited to receipt of all required shareholder, regulatory and third party consents, including Exchange acceptance, and satisfaction of other customary closing conditions. The transaction is scheduled to close no later than September 30, 2019. Matt Davis and Mark Brady of SPARK Advisory Partners Limited acted as the financial advisors to Craven House Capital Plc (AIM : CRV) on the transaction.