Business
Great Canadian Gaming Announces Temporary Business Interruption Due To COVID-19 and Termination of Substantial Issuer Bid
Great Canadian Gaming Announces Temporary Business Interruption Due To COVID-19 and Termin...
About this update from Goldcana Resources Inc.
[{"type":"text","content":"\n\n\n\nGreat Canadian Gaming Announces Temporary Business Interruption Due To COVID-19 and Termination of Substantial Issuer Bid\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, March 16, 2020\n\n\n\nTORONTO, March 16, 2020 /CNW/ - Great Canadian Gaming Corporation [TSX:GC] (\"Great Canadian\" or the \"Company\") announces today the temporary suspension of gaming facilities in Ontario, British Columbia, Nova Scotia and New Brunswick, effective Monday, March 16 and until further notice in an effort to contribute to the containment of the COVID-19 virus.    \nThe suspension of the Company's gaming facilities was made in consultation with the respective lottery corporations and based on announcements from health authorities regarding the risk of possible transmission of the COVID-19 virus in venues where the public may congregate in significant numbers. No cases of the COVID-19 virus have been reported by any guests or employees of the Company at any of its properties and the closures are preventative in nature to limit the potential for transmission of the virus. The suspensions are temporary and will be reviewed as the situation with respect to the COVID-19 virus evolves. \nGreat Canadian is committed to providing a safe environment for all its guests and staff and will provide further updates as they develop. \"On behalf of our 10,000 team members across the country, and the millions of guests we have the privilege of hosting and entertaining each year, we know we have a role to play in the fight to slow down the spread of COVID-19,\" stated Rod Baker, Chief Executive Officer. \"We are taking this unprecedented and proactive step along with the countless other organizations across the country that are taking similar action to collectively contain the spread of COVID-19,\" added Baker. \nOn February 14, 2020 the Company commenced a substantial issuer bid  (the \"Issuer Bid\") pursuant to which, as amended, on March 11 2020, holders of common shares (\"Shares\") were invited to tender some or all of their Shares at ...