Canlan Purchases Three-Pad Arena in Fort Wayne, Indiana
Burnaby, British Columbia--(Newsfile Corp. - September 3, 2014) - Canlan Ice Sports Corp. (TSX: ICE) (the “Corporation”) today reported it exercised its option to purchase the SportOne/Parkview Ice House, a state of the art three-pad ice-rink facility in Fort Wayne, IN. The Company had been leasing the facility since it was built in February 2010 from a local developer. The long-term lease had fifteen years remaining as at September 2, 2014, the completion date of the purchase. The purchase...
2014-09-03 3:59 PM EDT
Canlan Reports Stronger Q2 Year-Over-Year Results
Burnaby, British Columbia--(Newsfile Corp. - August 12, 2014) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the second quarter ended June 30, 2014. Highlights of Q2 2014 Total revenue of $16.5 million increased by 2.5% over 2013 and 3.1% on a same store basis; Q2 EBITDA was $0.2 million compared to a loss of $0.4 million in 2013; Net loss of $1.4 million was reduced by $0.3 million compared to prior year; As at the date of this release, the...
2014-08-12 7:02 AM EDT
Canlan Partners with the City of Burlington, Ontario to Expand Its Adult Safe Hockey League
Burnaby, British Columbia--(Newsfile Corp. - August 5, 2014) - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of on-ice experiences to youth and adults across North America, today announced a 3-year partnership with the City of Burlington, Ontario to operate its Adult Safe Hockey League out of two municipal rinks starting this Fall/Winter. The ASHL will commence operations at the Appleby Ice Centre and Mainway Arena in late-September, offering both Men's and Women's Divisions....
2014-08-05 5:24 PM EDT
Canlan Reports Strong Q1 Earnings Growth and Refinances Debt on Favourable Terms
Burnaby, British Columbia--(Newsfile Corp. - May 14, 2014) - Canlan Ice Sports Corp. (the “Corporation”) (TSX: ICE) today reported its financial results for the first quarter ended March 31, 2014. Highlights of Q1 2014 Total revenue $21.2 million increased by 2.6% over 2013 while same store revenue was up $0.7 million or 3.3%; EBITDA of $5.4 million, increased by 16.7% over 2013; Canlan Sportsplex, which opened in the fall of 2012, turned its first quarterly profit as EBITDA rose...
2014-05-14 9:00 AM EDT
Canlan Reports Record Q4 EBITDA, 2013 Year End Results, and Continuation of Dividend Policy
Burnaby, British Columbia--(Newsfile Corp. - March 21, 2014) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the fourth quarter and year ended December 31, 2013. The Corporation also announced a continuation of its dividend policy for Q1 2014. Highlights of 2013 Revenue of $72.8 million and EBITDA1 of $9.8 million for the year remained consistent with 2012 despite shutting down six ice surfaces for major renovations at three facilities during...
2014-03-21 7:00 AM EDT