ClubLink Acquires Hidden Lake Golf Club in Burlington, Ontario

KING CITY, ONTARIO--(Marketwired - Feb. 7, 2014) - ClubLink (TSX:CLK) announced today that it has acquired the 36-hole Hidden Lake Golf Club in Burlington, Ontario, and plans to continue to operate it as a daily-fee facility with local membership programs.

"Hidden Lake Golf Club has a long history of not only hosting many professional and amateur events over the years, but also of providing an outstanding experience to the public golfer in the western Greater Toronto Area," said ClubLink President and CEO Rai Sahi. "Our intention is to continue serving the daily-fee market while offering locally based membership opportunities."

George Tidd, managing partner with Terry Parker of Hidden Lake Golf Club, said he was pleased with ClubLink's vision for the future of the facility.

"Since 1979, we have grown this into one of the most popular golf courses in the Burlington-Oakville region by offering the public golfer a great experience at an affordable fee," said Mr. Tidd. "We couldn't be happier that ClubLink, with its commitment to growing the game at all levels, plans to continue this legacy."

Hidden Lake Golf Club consists of two championship courses that cover approximately 500 acres of picturesque Niagara Escarpment landscape. Opened in 1962 as the 18-hole Lake Medad Golf and Country Club, it was purchased in 1979 by a local consortium led by Mr. Tidd and Mr. Parker, both golf professionals, and renamed Hidden Lake Golf Club.

Corporate Profile

ClubLink is engaged in golf club and resort operations under the trade-mark, "ClubLink One Membership More Golf." ClubLink is Canada's largest owner and operator of golf clubs with 55.5 18-hole equivalent championship and six 18-hole equivalent academy courses at 45 locations in Ontario, Quebec and Florida.

ClubLink is also engaged in rail, tourism and port operations based in Skagway, Alaska, which operates under the trade name "White Pass & Yukon Route." The railway stretches approximately 177 kilometres (110 miles) from Skagway, Alaska, through British Columbia to Whitehorse, Yukon. In addition, ClubLink operates three docks primarily for cruise ships.