TORONTO, August 20, 2014 – SKYLINE DEVELOPMENT INTERNATIONAL INC. entered into a binding agreement of purchase and sale to acquire Bear Valley Mountain Resort in northern California between Lake Tahoe and Yosemite. Skyline will acquire the 1,700 acre Bear Valley ski area, including 9 chair lifts, an approximately 2,000 stall parking lot, and a 40,000 sq. ft. mountain base lodge.