Canlan Ice Sports Corp.

Recent News

  • Canlan Reports Q2 Results & An Update of Current Operations

    Burnaby, British Columbia--(Newsfile Corp. - August 13, 2020) - Canlan Ice Sports Corp. (the "Corporation") (TSX: ICE) today reported its financial results for the second quarter ended June 30, 2020.Overview of Six Months Ended June 30, 2020Cash-on-hand at June 30, 2020 was $6.1 million and at August 12, 2020, the Company's cash position was approximately $9.2 million with access to working capital credit lines of $10.0 million;As a result of the COVID-19 pandemic that forced facility closures and continues...

    2020-08-13 6:00 AM ET
  • Canlan Realizes Gain on Disposition of Surplus Land

    Burnaby, British Columbia--(Newsfile Corp. - July 6, 2020) -  Canlan Ice Sports Corp. (TSX: ICE) ("Canlan" or "the Company") announced today that the Company completed the sale of a two-acre parcel of surplus land located in Etobicoke, Ontario on July 3, 2020."As part of our strategy to divest non-core assets, we are pleased to realize the current value of this parcel of land," said Canlan's Executive Vice-President, Michael Gellard. "The gain on disposition is approximately $2 million and augments our...

    2020-07-06 5:18 PM ET
  • Rita Price Joins Canlan Ice Sports Corp. as VP of Human Resources

    Burnaby, British Columbia--(Newsfile Corp. - June 29, 2020) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan" or "the Company")  today announced that the Company's current VP, Human Resources (HR), Mark Reynolds, is retiring at the end of June 2020 after 18 years of dedicated service at Canlan. Mr. Reynolds will be replaced by Rita Price, an experienced HR professional who has held senior HR leadership roles for the past 20 years servicing organizations in the hospitality and medical...

    2020-06-29 9:00 AM ET
  • Canlan Reports Voting Results from the 2020 Annual General Meeting of Shareholders and Announces New Chair of the Board

    Burnaby, British Columbia--(Newsfile Corp. - June 26, 2020) - The Annual General Meeting of Shareholders (the "Meeting") of Canlan Ice Sports Corp. (TSX: ICE) (the "Company") was held on June 25, 2020 virtually through teleconference, in light of current health concerns due to the Coronavirus pandemic. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated May 21, 2020, which can be found on the website www.sedar.com.The total number of...

    2020-06-26 11:43 AM ET
  • Canlan Announces Plans to Reopen Recreation Facilities

    Burnaby, British Columbia--(Newsfile Corp. - June 18, 2020) -  Canlan Ice Sports Corp. (TSX: ICE) (the "Company") is pleased to announce plans to reopen its recreation facilities. Beginning the week of June 15, 2020, ice rink facilities in British Columbia will open selected ice surfaces for user group rentals. Subsequently, facilities across Saskatchewan, Manitoba, Ontario, and Illinois will gradually reopen selected ice rinks and other sport surfaces on a systematic basis in the coming weeks. Capacity restored...

    2020-06-18 5:13 PM ET
  • Canlan Reports Q1 Results

    Burnaby, British Columbia--(Newsfile Corp. - May 14, 2020) -  Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the first quarter ended March 31, 2020.Overview of Q1 2020As at March 31, 2020, the Company was in a strong liquidity position with $13.4 million of cash on hand and access to available credit lines;As previously reported, the Corporation's recreation facilities were temporarily closed end of day March 13, 2020 in response to the outbreak of...

    2020-05-14 6:00 AM ET
  • Canlan Reports 2019 Financial Results and an Update on Temporary Facility Closures

    Burnaby, British Columbia--(Newsfile Corp. - March 24, 2020) -  Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the fourth quarter and year ended December 31, 2019. The Corporation also provided an update on the temporary closure of recreation facilities to help slow the spread of Coronavirus COVID-19. Overview of 2019Total revenue of $88.3 million increased by $0.7 million or 0.8% compared to 2018; same store revenue increased by $2.2 million or 2.7%; EBITDA...

    2020-03-24 6:24 PM ET
  • Canlan Ice Sports Voluntarily and Temporarily Closes Facilities to Protect Communities Against the Spread of COVID-19

    Burnaby, British Columbia--(Newsfile Corp. - March 13, 2020) - Canlan Ice Sports Corp. (TSX: ICE) - Given the suspension of many hockey and sporting events, and the increasing proactive restrictions and guidance from the federal governments and provincial and state medical officers, Canlan Ice Sports has decided to voluntarily suspend operations and temporarily close its facilities to the public as a preventative measure effective close of business today, Friday March 13, 2020.The ongoing health and safety of our community...

    2020-03-13 7:40 PM ET