- Canlan Sportsplex to be Company's first "non-ice" facility focusing on
field and court sports -
BURNABY, BC, June 25, 2012 /CNW/ - Canlan Ice Sports Corp.,
industry-leading providers of recreational sports and entertainment
facilities across North America, today announced it is expanding its
Canadian operations with the addition of "Canlan Sportsplex -
Mississauga", a new, 55,000 square foot indoor sports complex to be
located in Mississauga, Ontario.
"Due to the growth of soccer and other field related sports,
particularly in southwestern Ontario, the Mississauga market represents
a promising opportunity where we can combine our proven expertise in
offering highly successful adult and youth recreational leagues,
tournaments and programming with the operation of a first class
multi-sport facility," said Joey St-Aubin, President and CEO of Canlan
Ice Sports Corp. "The location and demographics of this future
facility are ideal as it is situated in one of Canada's fastest growing
and densely populated cities. It is also conveniently accessible by
car, public transportation and is located near the Go Train line,
providing high accessibility and exposure to daily commuters."
Located at 3360 Wolfdale Road in Mississauga, Ontario, Canlan intends to
refurbish an existing vacant warehouse, previously used as an assembly
plant, by investing approximately $1.7 million dollars of leasehold
improvements to transform the building into a multi-sport, recreational
facility. This includes the installation of two fully boarded indoor
artificial turf fields, one sport floor rink, three professional
volleyball courts, along with a fully-licensed food and beverage area,
change rooms and party rooms. The facility will have nine large
overhead doors which will easily transform the indoor sports center
into an open air sports complex to give participants the feeling of
being outdoors while remaining sheltered from the sun or rain in the
spring and summer periods.
As operator of Canlan Sportsplex - Mississauga, Canlan plans to offer
multiple recreational leagues, tournaments and programming including
soccer, volleyball, ball hockey, floor ball, lacrosse, roller hockey,
flag football, birthday parties, Corporate team building events, as
well as camps and instructional programs. Canlan expects to begin
offering its branded programs as early as the fall of this year. To
learn more about Canlan Sportsplex, please visit www.canlansports.ca or contact Dan D'Alvise, General Manager at 905 366-1057.
Canlan Ice Sports Corp is the North American leader in the development,
operations and ownership of multi-purpose recreation and entertainment
facilities. We are the largest private sector owner and operator of
recreational ice sports facilities in North America and currently own
and/or manage 19 facilities in Canada and the United States with 60
surfaces including ice rinks and indoor soccer fields as well as ball
diamonds, beach volleyball courts, outdoor soccer, curling and pool.
Canlan Ice Sports Corp. is listed on the Toronto Stock Exchange under
the symbol "ICE." For more information please visit www.icesports.com.
Caution concerning forward-looking statements
This document contains forward-looking statements, which may be
identified by words like "expects", "anticipates", "plans", "intends",
"indicates" or similar expressions. These statements are not a
guarantee of future performance and are inherently subject to risks and
uncertainties. The Company's actual results could differ materially
from those currently anticipated due to a number of factors set forth
in reports and other documents filed by the Company with Canadian
securities regulatory authorities from time to time.
Image with caption: "Artist rendition of Canlan Sportsplex - Mississauga. (CNW Group/Canlan Ice Sports Corp.)". Image available at: http://photos.newswire.ca/images/download/20120625_C3852_PHOTO_EN_15655.jpg
SOURCE Canlan Ice Sports Corp.
For further information:
Canlan Ice Sports Corp.
Michael F. Gellard
Senior Vice President & CFO
416 815-0700 ext. 253