Bill's Development Group Acquires Tract of Development Land in Squamish from Georgia Basin Ventures

On July 17, 2006, Bill's Development Group led by Bob Cheema acquired from Georgia Basin Ventures LP approximately 425 acres of land for residential development in Squamish, British Columbia for a purchase price of $31,750,000.

Bill's Development Group was represented by Raj Binpal and Jason Sandhu of Binpal & Associates. Georgia Basin Ventures was represented by Anthony Knight and Damon Chisholm of Lang Michener LLP.