ClubLink purchases Kanata Lakes Golf and Country Club.KING CITY, Ontario--(BUSINESS WIRE)--Nov. 4, 1996--ClubLink Corporation (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 Corporation ("ClubLink") announced that Genstar Development Company, a division of Imasco Enterprises Inc., and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of ClubLink have closed the purchase of Kanata Lakes Kanata Lakes is a neighbourhood within the northern section of Kanata and is part of Ward 4 of the City of Ottawa, also called Kanata North. Located north of highway 417, Kanata Lakes' main street is Kanata Avenue, which runs over the 417 into the neighbournood of Glen Cairn where Golf and Country Club. Land title transfers relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the closing will remain in escrow until January 6, 1997, pending certain severances being completed by Genstar. Bruce Simmonds, President of ClubLink, stated, "The acquisition of our first club in the National Capital Region is an important strategic expansion. Kanata Lakes is at the centre of Canada's leading high technology community. The Club's continuing members and Kanata's growing number of successful, entrepreneurial companies and professionals provide a strong base from which ClubLink will expand its presence in the National Capital Region. ClubLink members at Kanata Lakes will benefit not just from this expansion but from enjoying access to our other fine clubs." ClubLink owns and operates quality golf clubs. These include King Valley Golf Club, Greystone Golf Club, Heron Point Golf Links, Emerald Hills Golf Club and Cherry Downs Golf and Country Club 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. ; The Lake Joseph Club and Water's Edge Restaurant in Muskoka; and Kanata Lakes Golf and Country Club in the National Capital Region. In addition, ClubLink is developing residential and resort accommodation adjacent to several of its properties. CONTACT: ClubLink Corp., King City Bruce S. Simmonds, 905/841-3730 905/841-7033 (FAX) Kim S. Robinson, 905/841-3730 905/841-7033 (FAX) |
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