Glacier Media Inc.

Glacier Media Inc.

September 08, 2014 14:11 ET

Glacier Announces Completion of Real Estate Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 8, 2014) - Glacier Media Inc. ("Glacier" or the "Company") (TSX:GVC) announced today that it has completed the sale of the Company's property and building in Kamloops, B.C. for $4.8 million. The funds from this sale were used to pay down the Company's senior debt facility.

Shares in Glacier are traded on the Toronto Stock Exchange under the symbol GVC.

About the Company: Glacier Media Inc. is an information communications company focused on the provision of primary and essential information and related services through print, electronic and online media. Glacier is pursuing this strategy through its core businesses: the local newspaper, trade information and business and professional information markets.

Contact Information

  • Glacier Media Inc.
    Mr. Orest Smysnuik
    Chief Financial Officer