Nov 1, 2015 12:18 PM

Owners of Lost Valley ski area in Maine have found a buyer from NH

The Associated Press

AUBURN, Maine — The owners of Maine's Lost Valley ski area have found a buyer from New Hampshire to keep the Auburn ski area operating.

The Lewiston Sun Journal reports that the prospective buyer is tramway inspector Robert Scott Shanaman of Wilton, N.H.

Owner Linc Hayes said the sales agreement is contingent on financing. Hayes said he and partner Connie King signed the agreement to sell Lost Valley Ski Banquet and Resort Friday night.

Staff at Lost Valley told the newspaper that rumors of the sale had spurred sales of discounted early season passes. Lost Valley had sold 375 season passes at the close of business Saturday, the last day to buy them at the discounted price. Last year, Lost Valley sold 255 discounted passes.

Hayes said Shanaman first expressed interest last winter.

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