Press Release: Intrawest Corporation
November 26, 2001
VANCOUVER, BC -- Intrawest Corporation has announced that it plans to hold a special general meeting to consider
a special resolution to approve the continuance of the company under the Canada Business Corporations Act (CBCA).
The meeting will be held on January 14, 2002. An information circular will be mailed to shareholders in December.
Intrawest is currently governed by the British Columbia Company Act. A company subject to that act, may, if authorized
by special resolution and the Registrar of Companies of British Columbia, apply to the director under the CBCA
for a certificate of continuance. Management believes that the continuance will permit Intrawest to take advantage
of the more modern corporate law procedures provided by the CBCA. In light of the national and international scope
of Intrawest's affairs, and the amendments being made to the CBCA scheduled to come into force prior to the meeting,
Intrawest's management believes it is appropriate to continue under the CBCA.
Intrawest is the leading developer and operator of village-centered resorts across North America. The company owns
10 mountain resorts, including Whistler Blackcomb, North America's most popular mountain resort. Intrawest also
owns Sandestin Golf and Beach Resort in Florida and has a premier vacation ownership business, Club Intrawest.
The company has a significant investment in Compagnie des Alpes, the largest ski company in the world in terms
of skier visits and a 45 per cent interest in Alpine Helicopters Ltd., owner of Canadian Mountain Holidays, the
largest heli-skiing operation in the world. Intrawest Corporation's shares are listed on the New York (IDR) and
Toronto (ITW) stock exchanges. The company is headquartered in Vancouver, British Columbia and is located on the
World Wide Web at www.intrawest.com.
Statements contained in this release that are not historical facts are forward-looking statements that involve
risks and uncertainties. Intrawest's actual results could differ materially from those expressed or implied by
such forward-looking statements. Factors that could cause or contribute to such differences include, but are not
limited to, seasonality, weather conditions, competition, general economic conditions, currency fluctuations and
other risks detailed in the company's filings with the Canadian securities regulatory authorities and the U.S.
Securities and Exchange Commission.
For additional information, contact Mr. Daniel Jarvis, executive vice president and chief financial officer, at
(604) 669-9777.
If you would like to receive future news releases by email, please contact investor_relations@intrawest.com
SOURCE: Intrawest Corporation