Fishos plans power ahead

BOARD members of the Coffs Harbour Deep Sea Fishing Club are remaining cautiously optimistic as the process to reopen the venue continues.

A Deed of Company Arrangement proposal submitted by the Save the Fishos group was approved by creditors on Wednesday night.

Under the DOCA, the North Coast Hotel Group will partner with the club and provide financial backing.

Wednesday's decision means control of the club has been handed back to directors who will now undertake the restructure in accordance with the DOCA.

The announcement follows recent concerns from club members about their memberships and the future of the club's annual events.

Club president Bill Mabey said a re-opening date of October was still likely, but many regulatory approvals still needed to be met.



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