Canlan Reports a 23% Increase in Q3 Operating Revenue, Resumes and Increases Dividend
Burnaby, British Columbia--(Newsfile Corp. - November 11, 2022) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the third quarter ended September 30, 2022. Overview - Quarter Ended September 30, 2022 Total operating revenue of $15.6 million increased by $2.9 million or 23% compared a year ago; Q3 same-facility surface revenue reached approximately 90% of pre-pandemic (Q3 2019) levels; Total operating loss was $0.9 million compared to operating...
2022-11-11 6:00 AM EST
Canlan Reports Q2 2022 Results
Burnaby, British Columbia--(Newsfile Corp. - August 12, 2022) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the second quarter ended June 30, 2022. Overview - Quarter Ended June 30, 2022 Total operating revenue was $17.1 million compared to $3.6 million a year ago; Q2 same-facility surface revenue returned to pre-pandemic (Q2 2019) levels; Total operating earnings was $1.9 million compared to an operating loss of $1.4 million in 2021; Canlan...
2022-08-12 6:00 AM EDT
Canlan Reports Voting Results from the 2022 Annual General Meeting of Shareholders
Burnaby, British Columbia--(Newsfile Corp. - June 23, 2022) - The Annual General Meeting of Shareholders (the "Meeting") of Canlan Ice Sports Corp. (TSX: ICE) (the "Company") was held on June 22, 2022, at ScotiaBarn in Burnaby, B.C. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated May 18, 2022, which can be found on the website www.sedar.com. The total number of shares represented by shareholders in person and by proxy...
2022-06-23 5:47 PM EDT
Canlan Reports Stronger Earnings for Q1 2022
Burnaby, British Columbia--(Newsfile Corp. - May 13, 2022) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the first quarter ended March 31, 2022. Overview of Q1 2022 While Ontario operations were interrupted in January as a result of COVID-19 public health orders, business activity quickly resumed on January 30th and since then, all facilities have been in full operation; Operating revenue was $18.9 million compared to $5.1 million a year...
2022-05-13 6:00 AM EDT
Canlan Reports Strengthened Resilience Through Increased Revenue, Operating Earnings, and Liquidity For 2021
Burnaby, British Columbia--(Newsfile Corp. - March 24, 2022) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the year ended December 31, 2021. Overview of Year Ended December 31, 2021 Total revenue was $40.4 million compared to $39.3 million a year ago. The pandemic forced facility closures during the first half of 2021 and operations gradually resumed starting Q3 and returned to full operations by Q4 2021; Total operating earnings was $5.8...
2022-03-24 6:00 AM EDT
Canlan Sports Continues Facility Re-Openings in Q3
Burnaby, British Columbia--(Newsfile Corp. - November 10, 2021) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the third quarter ended September 30, 2021. Overview - Quarter Ended September 30, 2021 Completed sale of an inactive ice rink property and realized net proceeds of $7.2 million to help replenish the Company's cash reserves; Generated revenue of $12.6 million compared to $9.4 million in 2020; With health restrictions gradually easing...
2021-11-10 5:03 PM EST
Canlan Appoints Two Directors to Its Board
Burnaby, British Columbia--(Newsfile Corp. - October 18, 2021) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan or the "Company") announces the appointment of Mr. Don Crowe and Mr. Chris McMullen to the Company's Board of Directors. Mr. Don Crowe is the founder and CEO of Arena Sports and affiliates which includes Lil' Kickers, a 130 member kids soccer franchisor based in Redmond, WA. Mr. Crowe will bring to Canlan's board a wealth of experience in US sports facility management, indoor soccer,...
2021-10-18 11:16 AM EDT
Canlan Completes Sale of Les 4 Glaces Complex in Brossard, Quebec
Burnaby, British Columbia--(Newsfile Corp. - September 27, 2021) - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of recreational sports complexes across North America, announced today that it has completed the sale of its four-pad ice facility, called Les 4 Glaces, located in Brossard, Quebec, for $7.48 million. A local group has purchased the land and building and is expected to redevelop the 5.7-acre property into a commercial business. The complex was closed in May 2019...
2021-09-27 4:49 PM EDT
Canlan Reports Q2 Results Amid Restart of Operations
Burnaby, British Columbia--(Newsfile Corp. - August 13, 2021) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the second quarter ended June 30, 2021. Overview - Quarter Ended June 30, 2021 Generated revenue of $3.6 million compared to $0.8 million in 2020 as health restrictions were lifted in U.S. facilities for the quarter and began easing in western Canada in May. Ontario and Manitoba facilities remained virtually closed during Q2; Loss...
2021-08-13 6:00 AM EDT
Canlan Sports(TM) Selects CatchCorner to Enhance Their Digital Sport Surface Bookings for Its Thriving Sports Communities
Toronto, Ontario--(Newsfile Corp. - August 12, 2021) - CANLAN SPORTS (TSX: ICE), leading sports and recreation company announced today, a new strategic relationship with CatchCorner, a Toronto-based sports technology company, to implement its sophisticated software helping modernize the recreational sports and fitness industry. Through its collaboration, Canlan Sports will fuel growth, leadership, and innovation with the new platform. With 18 sports complexes and more than 80 sport surfaces...
2021-08-12 7:00 AM EDT
Canlan Sports(TM) Brings Live & On-Demand Broadcast to Its Sports Communities, Powered by LiveBarn
Toronto, Ontario--(Newsfile Corp. - August 4, 2021) - Canlan Sports (TSX: ICE) announced today that it has reached a new multi-year agreement with LiveBarn, the largest amateur sports broadcaster in the world, to bring Live & On-Demand broadcasts to their Sports Complexes by late summer 2021. This long-term deal will play a major part in Canlan Sports' continued emphasis on creating the most innovative and extraordinary sports experiences for their sports communities.
2021-08-04 2:45 PM EDT
theScore and Canlan Sports(TM) Announce Innovative Canadian Marketing Partnership
Toronto, Ontario--(Newsfile Corp. - July 29, 2021) - theScore, Canada's leader in digital sports media, is teaming up with Canlan Sports (TSX: ICE), Canada's leader in recreational sports. The Canadian born companies are partnering in a deal that provides for cross promotion across their respective digital platforms as well as on-site branding for theScore's properties, including its mobile sportsbook 'theScore Bet' via Canlan's promin
2021-07-29 7:00 PM EDT
Canlan Reports Voting Results from the 2021 Annual General Meeting of Shareholders
Burnaby, British Columbia--(Newsfile Corp. - June 23, 2021) - The Annual General Meeting of Shareholders (the "Meeting") of Canlan Ice Sports Corp. (TSX: ICE) (the "Company") was held on June 22, 2021 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 20, 2021, which can be found on the website www.sedar.com. The...
2021-06-23 11:45 AM EDT
Canlan Reports Q1 Results and Provides Update on Operations
Burnaby, British Columbia--(Newsfile Corp. - May 14, 2021) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the first quarter ended March 31, 2021. Overview of Q1 2021 Cash on-hand as at March 31, 2021 was $6.8 million with additional access to a working capital credit line of $10.0 million; As a result of the COVID-19 pandemic that forced facility closures and continues to limit the Company's operations, revenue of $5.1 million, decreased by...
2021-05-14 6:00 AM EDT
Canlan Sports(TM) Teams up with Hockey Legend, Cammi Granato to Bring Exciting Tournament Experiences to Girls Across North America.
Toronto, Ontario--(Newsfile Corp. - April 29, 2021) - Canlan Sports (TSX: ICE) has teamed up with Hockey Legend, Cammi Granato to launch the CCT Cammi Granato Showcase Series, taking place in Chicago, Toronto and Vancouver. Canlan Sports has shown a commitment to growing youth female hockey for nearly a decade, hosting fun, exciting experiences for young females, inspiring them to become better players and even stronger leaders. "Our focus is growing female hockey. In 2019, we hosted seven...
2021-04-29 11:14 AM EDT
Canlan Sports Expands U.S. Operations, Adding an Additional Sports Complex in Chicago Suburb
Burnaby, British Columbia--(Newsfile Corp. - April 28, 2021) - On April 27, 2021, the Libertyville Village Board approved a two-year lease agreement with Canlan Ice Sports Corp. (TSX: ICE), who operates under the brand name "Canlan Sports", to operate the Village's Indoor Sports Complex facility, which has been closed since March 13, 2020 at the onset of the COVID-19 pandemic. Canlan Sports intends to reopen the Indoor Sports Complex on July 1, 2021, with a ramp-up to full programming by the...
2021-04-28 11:31 AM EDT
Canlan Ice Sports Rebrands to Reflect Its Broader Sports Offerings
Burnaby, British Columbia--(Newsfile Corp. - April 12, 2021) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan" or "the Company") is pleased to announce a comprehensive rebrand which includes a new brand name, visual identity and launch of a new website, effective today. This is the first time that Canlan has been reimagined in more than 25 years. Canlan Sports™, the new name, is a natural evolution of the company. The rebrand highlights the broad sports offerings the company provides to...
2021-04-12 2:00 PM EDT
Canlan Reports 2020 Results & Continues Limited Operations
Burnaby, British Columbia--(Newsfile Corp. - March 25, 2021) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the year ended December 31, 2020. Overview of Year Ended December 31, 2020 Cash on-hand at December 31, 2020 was $7.5 million with additional access to working capital credit lines of $10.0 million; As a result of the COVID-19 pandemic that forced total facility closures from March to June 2020, and continues to limit the Company's...
2021-03-25 6:00 AM EDT
Canlan Ice Sports Corp. Partners with the Kraken Training Center
Toronto, Ontario--(Newsfile Corp. - March 16, 2021) - Canlan Ice Sports Corp. (TSX: ICE) is excited to announce a new partnership with the Kraken Training Center, the official practice facility of the NHL's newest franchise, the Seattle Kraken. This partnership will bring premium hockey tournaments to youth and adult players in the Fall, operated by Canlan Classic Tournaments, an industry-leading tournament provider and division of Canlan Ice Sports Corp.: "We are thrilled to partner with the...
2021-03-16 1:07 PM EDT
New VP Technology and Innovation and VP Sales, Marketing, and Customer Experience Join Canlan Ice Sports Corp.
Burnaby, British Columbia--(Newsfile Corp. - February 3, 2021) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan" or "the Company") is pleased to announce the appointment of Costa Kladianos as the Company's new Vice President of Technology & Innovation and Liana Guiry as its new Vice President Sales, Marketing and Customer Experience. Costa, who started with Canlan in October 2020, is a solutions-driven Information Technology Executive with over 15 years' experience and a track record of...
2021-02-03 5:25 PM EST