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ClubLink Corp. announces one-for-ten share consolidation.


TORONTO--(BUSINESS WIRE)--June 17, 1996--CLUBLINK CORP. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:LNK LNK Love and Kisses
LNK Lincoln, NE, USA - Municipal Airport (Airport Code)
LNK Laisvas Nepriklausomas Kanalas (Lithuanian TV)
LNK Linkcentre (website) 
) -- ClubLink Corp. announced that the consolidation of its common shares on a one-for-ten-basis was approved by its shareholders at the annual meeting held on May 27, 1996.

Letters of Transmittal relating to the share consolidation will be mailed today to registered shareholders providing instructions for the exchange of their existing common share certificates for new common share certificates of ClubLink evidencing the post consolidation common shares.

The common shares will be posted for trading on The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 on a consolidated basis on June 20, 1996. The ClubLink trading symbol Trading symbol

See: Ticker symbol
, "LNK," will not change as a result of the consolidation.

ClubLink owns five high quality private golf clubs in the Greater Toronto area The Greater Toronto Area (widely abbreviated as the GTA) is the most populous metropolitan area in Canada. The GTA is a provincial planning area with a population of 5,555,912 at the 2006 Canadian Census. : King Valley Golf Club in King City; Greystone Golf Club in Milton; Heron Point Golf Links in Ancaster; Emerald Hills Golf & Country Club in Stouffville; and Cherry Downs Golf & Country Club in Pickering.

In addition, ClubLink has recently completed the construction of The Lake Joseph Club golf course and Water's Edge Restaurant in Muskoka and is developing residential accommodation adjacent to several of ClubLink's properties.

CONTACT: ClubLink Corp.

Bruce S. Simmonds, 905/841-3730, 905/841-7033 (Fax)

Kim S. Robinson, 905/841-3730, 905/841-7033 (Fax)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 17, 1996
Words:207
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