Great Canadian Gaming Corporation
TSX : GCD

Great Canadian Gaming Corporation

April 04, 2006 14:34 ET

Great Canadian Gaming Corporation Announces Closing of $80 Million Private Placement

RICHMOND, BRITISH COLUMBIA--(CCNMatthews - April 4, 2006) - Great Canadian Gaming Corporation (the "Corporation") (TSX:GCD) announced today that on March 28, 2006 the Corporation closed its previously-announced private placement of 6,206,361 units (the "Units") of the Corporation, each Unit consisting of one common share and one warrant (the "Warrants") at the price of $12.89 per Unit for gross proceeds of $80 million.

About Great Canadian Gaming Corporation

Great Canadian, home to approximately 5,200 employees, is a multi-jurisdictional gaming and entertainment operator with facilities in British Columbia, Ontario, Nova Scotia, and Washington State. Great Canadian operates casinos, thoroughbred and standardbred racecourses, a community gaming centre, hotel, theatre, and various food and beverage facilities.

ON BEHALF OF

GREAT CANADIAN GAMING CORPORATION

Thomas N. Bell, Vice President, Corporate Development & Investor Relations


Contact Information

  • Great Canadian Gaming Corporation - Investor Enquiries
    Thomas Bell
    Vice-President, Corporate Development & Investor Relations
    (604) 303-1000
    (604) 279-8605 (FAX)
    or
    Great Canadian Gaming Corporation - Media Enquiries
    Howard Blank
    Vice-President, Media & Entertainment
    (604) 512-6066
    (604) 278-8605 (FAX)
    www.gcgaming.com