GVIC Communications Corp.

September 08, 2014 14:16 ET

GVIC Announces Completion of Real Estate Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 8, 2014) - GVIC Communications Corp. (TSX:GCT) ("GVIC" or the "Company") 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 GVIC are traded on the Toronto Stock Exchange under the symbol GCT.

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

Contact Information

  • GVIC Communications Corp.
    Mr. Orest Smysnuik
    Chief Financial Officer