Canlan Lists Brossard Facility
Burnaby, British Columbia--(Newsfile Corp. - January 15, 2019) - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of recreational sports facilities across North America announced today that after serving the citizens of Montreal for the past 24 years that it intends to sell its four-surface ice facility, Les 4 Glaces, located on the south shore in Brossard, Quebec. All existing programming at the facility, including the Adult Safe Hockey League, will continue to the end of their...
2019-01-15 1:05 PM EST
Canlan Reports Record Q3 Results and Continues Quarterly Dividend
Burnaby, British Columbia--(Newsfile Corp. - November 14, 2018) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the third quarter ended September 30, 2018. Highlights: Record Q3 revenue of $18.3 million, increased by $0.9 million or 5.2% compared to 2017; Operating expenses of $15.8 million decreased by $0.2 million or 1.0%. Savings were achieved through a combination of selling cost efficiencies and continued reduction of utilities...
2018-11-14 7:00 AM EST
Canlan Ice Sports Teams Up With Wild Wing Hospitality Inc.
Burnaby, British Columbia--(Newsfile Corp. - September 19, 2018) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan") and Wild Wing Hospitality Inc. ("Wild Wing") today announced they have concluded a license agreement for Canlan to roll out the Wild Wing brand and menu in the 12 licensed restaurants located in Canlan's Canadian recreation facilities. Canlan, industry-leading providers of recreational sports and entertainment facilities across North America, will transition its food and beverage...
2018-09-19 12:35 PM EDT
Canlan Reports Q2 Results and Continues Quarterly Dividend
Burnaby, British Columbia--(Newsfile Corp. - August 10, 2018) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the second quarter ended June 30, 2018. Highlights: Record Q2 revenue of $18.9 million, increased by $0.3 million or 1.8% compared to 2017; EBITDA of $0.4 million remained steady with 2017; The Company's quarterly dividend rate was increased to $0.025 per share from $0.02 per share; and On August 9, 2018, the Company completed the...
2018-08-10 8:00 AM EDT
Canlan Reports Voting Results from the 2018 Annual General Meeting of Shareholders
Burnaby, British Columbia--(Newsfile Corp. - July 5, 2018) - The Annual General Meeting of Shareholders (the "Meeting") of Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") was held on June 14, 2018 in Burnaby, British Columbia. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated May 15, 2018, which can be found on the website www.sedar.com. The total number of shares represented by shareholders in person and by...
2018-07-05 11:50 AM EDT
Canlan Reports Record Q1 Results and Increases Quarterly Dividend
Burnaby, British Columbia--(Newsfile Corp. - May 11, 2018) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the first quarter ended March 31, 2018. Highlights of Q1 2018 Record quarterly revenue of $25.6 million increased by $0.5 million or 1.9% compared to 2017; Record EBITDA of $7.6 million increased by $1.0 million or 14.7%; Utilities expenses were reduced by 12.8% having a significant positive impact on reducing operating expenses. Reduced...
2018-05-11 7:00 AM EDT
Canlan Achieves Record Revenue and EBITDA in 2017 and Continues Dividend
Burnaby, British Columbia--(Newsfile Corp. - March 23, 2018) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the fourth quarter and year ended December 31, 2017. The Corporation also announced the continuation of its dividend for Q1 2018. Highlights of 2017 Record revenue of $85.4 million increased $2.3 million or 2.8% compared to 2016; Record EBITDA of $12.8 million rose $0.6 million or 5.1% compared to 2016; Net earnings reached $3.6 million...
2018-03-23 7:00 AM EDT
Canlan Ice Sports Corp. Announces Changes in Executive Roles
Burnaby, British Columbia--(Newsfile Corp. - February 6, 2018) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan") today announced changes to three executive officer roles. Michael Gellard, Canlan's former Chief Financial Officer (CFO) has been promoted to the role of Executive Vice President. Over the past 22 years, Mr. Gellard has been instrumental in overseeing the company's finance function and effectively managing the capital plan of Canlan's portfolio of recreation facilities. In his new...
2018-02-06 3:36 PM EST
Canlan Announces Continuation of Dividend
Burnaby, British Columbia--(Newsfile Corp. - December 5, 2017) - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of recreational facilities across North America, today announced it has approved the continuation of the Company's quarterly dividend policy and declared eligible dividends totaling $0.02 per common share that will next be paid on January 16, 2018 to shareholders of record at the close of business December 29, 2017. Canlan's Board of Directors reviews the Company's...
2017-12-05 12:12 PM EST
Canlan Reports Q3 Results
Burnaby, British Columbia--(Newsfile Corp. - November 10, 2017) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") , home of the world's largest adult recreation hockey league, today reported its financial results for the third quarter ended September 30, 2017. Overview of Q3 2017: Q3 revenue of $17.4 million increased by $0.5 million or 3.3 % compared to Q3 2016; Q3 EBITDA was positive $0.2 million compared to a loss of $0.2 million in the prior year; and Despite rising electricity...
2017-11-10 6:00 AM EST
Canlan Reports Q2 Results and Continues Quarterly Dividend
Burnaby, British Columbia--(Newsfile Corp. - August 11, 2017) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the second quarter ended June 30, 2017. Highlights of Q2 2017: Total revenue of $18.6 million increased $0.4 million or 2.4% compared to 2016; EBITDA of $0.4 million remained steady with 2016; Quarterly loss reduced to $1.0 million from $3.8 million a year ago; and Energy management initiatives continued to drive energy cost...
2017-08-11 6:00 AM EDT
Canlan Reports Voting Results From the 2017 Annual General Meeting of Shareholders
Burnaby, British Columbia--(Newsfile Corp. - June 27, 2017) - The Annual General Meeting of Shareholders (the "Meeting") of Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") was held on June 15, 2017 in Burnaby, British Columbia. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated May 16, 2017, which can be found on the website www.sedar.com. The total number of shares represented by shareholders in person and by...
2017-06-27 2:16 PM EDT
Canlan Reports Strong Q1 Results and Continues Quarterly Dividend
Burnaby, British Columbia--(Newsfile Corp. - May 12, 2017) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the first quarter ended March 31, 2017. Highlights of Q1 2017 Record quarterly revenue of $25.1 million increased by $0.9 million or 3.8% compared to 2016; EBITDA was $6.6 million, consistent with prior year; and Reduced energy consumption by approximately 8%, which was directly related to investments made to renew and optimize facility...
2017-05-12 6:00 AM EDT
Canlan Scores Record Revenue and EBITDA Results in 2016 and Continues Dividend
Burnaby, British Columbia--(Newsfile Corp. - March 22, 2017) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the fourth quarter and year ended December 31, 2016. The Corporation also announced the continuation of its dividend for Q1 2017. Highlights of 2016 Record revenue of $83.1 million increased $3.6 million or 4.6% compared to 2015; same store revenue increased by $3.1 million or 3.8%; Record EBITDA of $12.2 million rose $0.8 million or...
2017-03-22 6:02 AM EDT
Canlan Announces Continuation of Dividend
Burnaby, British Columbia--(Newsfile Corp. - November 28, 2016) - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of recreational facilities across North America, today announced it has approved the continuation of the Company's quarterly dividend policy and declared eligible dividends totaling $0.02 per common share that will next be paid on January 17, 2017 to shareholders of record at the close of business December 30, 2016. Canlan's Board of Directors reviews the Company's...
2016-11-28 11:26 AM EST
Canlan Reports Q3 Results
Burnaby, British Columbia--(Newsfile Corp. - November 8, 2016) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation"), home of the world's largest adult recreation hockey league, today reported its financial results for the third quarter ended September 30, 2016. Overview of Q3 2016: Q3 revenue of $16.8 million increased by $0.3 million or 1.9 % compared to Q3 2015; Q3 loss before interest, tax, depreciation and amortization was $0.2 million compared to break even in Q3 2015; The Company...
2016-11-08 6:00 AM EST
Canlan Reports Strong Q2 EBITDA and Continues Dividend
Burnaby, British Columbia--(Newsfile Corp. - August 11, 2016) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the second quarter ended June 30, 2016. Highlights of Q2 2016: Q2 revenue of $18.2 million increased by $0.7 million or 4.0 % compared to 2015; Q2 EBITDA was $0.5 million compared to a break-even level in 2015; The Company refinanced all of its Canadian long-term debt at favourable terms to reduce borrowing cost and increase cash flow....
2016-08-11 7:56 PM EDT
Canlan Reports Voting Results From the 2016 Annual General Meeting of Shareholders
Burnaby, British Columbia--(Newsfile Corp. - July 20, 2016) - The Annual General Meeting of Shareholders (the "Meeting") of Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") was held on June 16, 2016 in Burnaby, British Columbia. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated May 16, 2016, which can be found on the website www.sedar.com. The total number of shares represented by shareholders in person and by...
2016-07-20 2:41 PM EDT
Canlan Ice Sports Corp. Announces $60 Million Refinancing Package
Burnaby, British Columbia--(Newsfile Corp. - June 15, 2016) - Canlan Ice Sports Corp. ("Canlan") (TSX: ICE) today announced that it has completed a significant refinancing transaction with HSBC Bank Canada. Canlan is pleased to announce that it has refinanced all of its Canadian long—term debt to take advantage of low long-term interest rates. HSBC Bank Canada ("HSBC") has provided Canlan with a $48.5 million refinancing loan to consolidate its Canadian loan facilities, fully repay a mortgage...
2016-06-15 11:49 AM EDT
Canlan Reports Strong Q1 Revenue and EBITDA Growth and Continues Dividend
Burnaby, British Columbia--(Newsfile Corp. - May 13, 2016) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the first quarter ended March 31, 2016. Highlights of Q1 2016 Record quarterly revenue of $24.2 million increased by $1.7 million or 7.3% compared to 2015; Record quarterly EBITDA of $6.6 million increased by $1.2 million or 22.6% compared to 2015; and Net earnings of $4.0 million increased by $2.3 million compared to 2015. Earnings per...
2016-05-13 5:06 PM EDT