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18/04/2016

Plans Revealed For Scotland's First Community-Owned Whisky Distillery

GlenWyvis Distillery Community Benefit Society has revealed plans to build the first community-owned craft whisky distillery in Scotland.

The society has launched its Community Share Offer in a bid to raise over £1.5 million needed to develop a new distillery in Dingwall.

The move has been organised in partnership with Community Shares Scotland and offers investment opportunities from £250 to locals living in all IV postcode areas.

GlenWyvis said the move will 'ensure a high level of local ownership of the distillery'.

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Shares are also open to global whisky lovers, with a maximum investment of £100,000.

Proposals for the distillery have been drawn up by 'Flying Farmer' John F Mckenzie, who is supported by a board of directors and local community representatives.

Mr Mckenzie said: "We have a truly winning combination here of a stunning Scottish Highland location, immense historical appeal linking back to Culloden, Burns and Ferintosh and readily available hydro, solar and wind energy to bring this innovative whisky project to fruition.

"From the outset we have envisaged the project as more than a distillery. It is an opportunity for all social investors to help reinvigorate the historic town of Dingwall. GlenWyvis will be built on its whisky heritage, its community-ownership and its environmental credentials."

Construction of the distillery is due to begin in June 2016 and the first whisky is planned for Burns Night 2017.

(LM)

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