Great Canadian Gaming to modify advance notice proposal at shareholders meeting

COQUITLAM, BC, April 22, 2016 /CNW/ - Great Canadian Gaming Corporation [TSX:GC] ("Great Canadian" or "the Company") announces that it will make minor modifications to its advance notice provision ("Advance Notice Provision") proposal scheduled for a vote at the May 10, 2016 annual general and special meeting of shareholders (the "Meeting").

The purpose of the Advance Notice Provision is to foster a variety of interests of the shareholders and the Company by ensuring that all shareholders - including those participating in a meeting by proxy rather than in person - receive adequate notice of the nominations to be considered at a meeting and can thereby exercise their voting rights in an informed manner. The Advance Notice Provision is the framework by which the Company seeks to fix a deadline by which holders of record of Common shares of the Company must submit director nominations to the Company prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to the Company for the notice to be in proper written form.

The Advance Notice Provision as currently proposed in the proxy materials requires that: (i) the notification timeframe is subject to a maximum notice period of 65 days, (ii) a new time period for shareholder nominations in the event of an adjournment or postponement of the meeting is not permitted, (iii) the board of directors have the authority to request broad disclosure from director nominees, and (iv) each director nominee must first agree in writing to abide by the Company's policies as a condition for a valid nomination.

The above requirements will be modified by motion from the Chair of the Meeting so that: (i) the maximum notice period of 65 days will be removed, (ii) a new time period will be permitted in the event of an adjournment or postponement of the meeting, (iii) the board of directors will not have the authority to request broad disclosure from director nominees but the board of directors reserves the right to request such disclosure as is reasonably required by the Company to determine the eligibility of such proposed nominee pursuant to applicable gaming law, and (iv) director nominees must either agree to abide by the Company's publicly disclosed policies or provide a written statement which may be made public as to which of such policies the candidate does not intend to follow and why.


Great Canadian Gaming Corporation is a Canadian based company that operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, Nova Scotia, New Brunswick, and Washington State. The Company's 19 gaming properties, which consist of twelve casinos, including two with a Four Diamond resort hotel, four horse racetrack casinos and three community gaming centres. A key element of Great Canadian's business model is its commitment to social responsibility. PROUD of our people, our business, our community is Great Canadian's brand that unifies the Company's community, volunteering and social responsibility efforts. Under the PROUD program, Great Canadian annually invests over $2 million in our communities, and in 2014, over 1,200 charitable organizations were supported by Great Canadian. In each Canadian gaming jurisdiction, a significant portion of gross gaming revenue from gaming facilities goes back directly to provincial governments for the purpose of supporting programs like healthcare, education and social services. Further information is available on the Company's website,



"Original signed by Rod N. Baker"

Rod N. Baker
President and Chief Executive Officer

95 Schooner Street
Coquitlam, BC
V3K 7A8
Phone: (604) 303-1000

SOURCE Great Canadian Gaming Corporation

For further information:; or, Ms. Tanya Ruskowski, Executive Assistant to the President and Chief Executive Officer and the Chief Financial Officer, (604) 303-1000


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