Great Canadian Gaming Corporation
TSX : GC

Great Canadian Gaming Corporation

August 13, 2008 14:22 ET

Great Canadian Gaming Corporation: Form 45-102F1

RICHMOND, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2008) - Great Canadian Gaming Corporation (TSX:GC) (the "Company") reports today that No. 179 Corporate Ventures Ltd. has filed a Form 45-102F1 relating to the transfer of 2,134,350 common shares of the Company (the "Shares") from a control position. Ross J. McLeod, the Chair and CEO of the Company, is the principal of No. 179 Corporate Ventures Ltd. Of the Shares, 934,350 are beneficially owned by Charles K.F. Ming, deceased, and are being transferred to the Executrix of the Ming Estate. The balance of the Shares are being transferred to a corporation beneficially owned by Ross J. McLeod and remain in the control block. The transactions are being conducted privately.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless the securities are registered in the United States or an exemption from such registration is available.

About Great Canadian Gaming Corporation

Great Canadian Gaming Corporation is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario, Nova Scotia, Canada, and Washington State. The Corporation operates ten casinos, five horseracing facilities (three offer slot machines and one offers both slot machines and table games), a community gaming centre, a bingo hall, a hotel and conference centre, two show theatres and various associated hospitality outlets. Further information is available on the Company's website, www.gcgaming.com.

ON BEHALF OF GREAT CANADIAN GAMING CORPORATION

Thomas 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
    Email: tbell@gcgaming.com
    or
    Great Canadian Gaming Corporation - Media Enquiries
    Howard Blank
    Vice-President, Media, Entertainment & Responsible Gaming
    (604) 512-6066
    (604) 279-8605 (FAX)
    Website: www.gcgaming.com