Leisure Canada announces appointment of new Chief Financial Officer

Trading: TSX Venture: LCN

VANCOUVER, Nov. 27 /CNW/ - Leisure Canada Inc. (the "Company") is pleased to announce that Mr. Colin Yee has been appointed Chief Financial Officer of the Company.

Mr. Yee is a founding partner of 360/VOX, a vertically integrated development and operations company with extensive expertise in the hospitality, resort-recreational, residential and commercial development sectors. He brings more than 10 years of experience in the resort industry. From retail-commercial operations, to project financing, hospitality and development oversight, Colin has worked on projects in China, Europe, the Americas, the Caribbean and Mexico.

Prior to founding 360/VOX, Colin was the Chief Financial Officer for a private company with interests in 5-star hotels and world-class golf courses, including Fairmont Hot Springs in British Columbia and Red Leaves in Ontario.

Prior to this, Colin was the Vice President and Divisional Controller for Intrawest Placemaking, a division of Intrawest ULC. In this capacity, Colin oversaw and coordinated all partnership and real estate accounting, financial and tax planning, risk management, compliance and treasury operations for over 20 international projects, including Whistler Blackcomb and Tremblant, two of the most successful and highly regarded Destination Resorts in the world. Intrawest ULC was listed on the Toronto Stock Exchange in 1990 and on the New York Stock Exchange in 1997; in 2006, Intrawest was acquired by private equity funds managed by Fortress Investment Group LLC and subsequent to this transaction, Intrawest became a privately held company.

Through his career, Colin has been involved in the successful development, delivery and closing of over $1 billion in real estate transactions and managed assets with a total value of over $3 billion.

Colin is a Chartered Accountant and has earned a Bachelor of Commerce (with Distinction) and a Bachelor of Science (with Distinction) from the University of Calgary.

Leisure Canada is a leading developer of luxury resorts in Cuba, with multiple properties currently under development, including five-star hotels and championship golf courses.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


For further information: For further information: Walter H. Berukoff, Executive Chairman, Telephone: (604) 990-9599 or 1-888-600-8687, E-mail: info@leisurecanada.com

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