Red Mountain Resort’s “Fight the Man. Own the Mountain” crowdfunding campaign has hit $1.5 million. (File photo)

Red Mountain crowdfunding campaign hits $1.5 million

Red Mountain Resort’s crowdfunding campaign has hit the minimum offering.

Red Mountain Resort’s “Fight the Man. Own the Mountain” crowdfunding campaign has hit the minimum offering of $1.5 million.

The company sent out a press release on Thursday announcing that it had met the goal, and that the first funds would now be available to make improvements at the resort and that investors will be able to start using some of their perks as early as this season.

“It’s hard for me to even put into words what this milestone means to our team,” Howard Katkov, Red’s CEO, said in the release. “This campaign has been non-stop since we launched… It’s been intense in a way I’ve never experienced in any of my previous business endeavours, but most gratifying for me, my team, and our community. We planted this flag for independent skiing and touched a nerve with skiers and boarders around the world. It’s way bigger than RED Mountain now — and RED’s pretty big.”

Though the minimum offering has been reached, the “Fight the Man, Own the Mountain” campaign will continue.

“Our passion hasn’t wavered,” added Katkov. “We will continue to accept subscriptions for the Fight the Man / Own the Mountain crowdfunding offering over the winter and fully expect to raise additional equity after this great start.”

Canadians interested in the campaign can visit frontfundr.com/Company/redmountainresort, while Americans can visit startengine.com/red-mountain-resort.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Unofficial holidays: Here’s what people are celebrating for the week of Sept. 27 to Oct. 3

World Farm Animals Day, Drink Beer Day and Virus Appreciation Day are all coming up this week

Two new COVID-19 cases reported in Interior Health

The total number of Interior Health cases since the beginning of the pandemic is now at 522

West Kootenay mother searching for son missing since Sept. 1

Police are investigating the disappearance of Cory Westcott

Students/staff evacuate Rossland Summit School due to smell of smoke

SD20 says students in different learning groups didn’t come in contact with each other in evacuation

Man whose crime spree began in Nelson pleads guilty in death of female passenger

Anthony Cortez scheduled to be sentenced for 2017 incidents

B.C. records 98 more COVID-19 cases, most in Lower Mainland

One new senior home outbreak, Surrey Memorial outbreak over

PHOTOS: 2nd calf in a month confirmed among Southern Resident killer whale pod

Center for Whale Research said they will eagerly await to observe the calf to evaluate its health

2 British Columbians arrested, 3 at large in massive Alberta drug bust

Eight people are facing 33 charges in what police have dubbed Project Incumbent

97 distressed horses, cats and dogs seized from farm in Princeton

RCMP assisted as BC SPCA executed search warrant

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

$250K reward offered as investigation continues into Sea to Sky Gondola vandalism

Police also asking for specific footage of Sea to Sky highway around time of incident

Trudeau ‘disappointed’ by RCMP treatment of Sikh officers over mask issue

World Sikh Organization of Canada said taking Sikh officers off the front lines constitutes discrimination

Liberals reach deal with NDP on COVID-19 aid bill, likely averting election

NDP and the Liberals have reached an agreement on COVID-19 sick-leave

Most Read