Great Canadian Gaming insiders intend to trade in the company's securities

About this update from Goldcana Resources Inc.

[{"type":"text","content":"\n\nRICHMOND, BC, Aug. 19, 2014 /CNW/ - Great Canadian Gaming Corporation [TSX: GC] (\"Great Canadian\" or \"the Company\") today announced that the following directors and a member of management, who are considered insiders of the Company, have given notice that they intend to trade in the Company's securities within the next 30 days.  All of the intended trades include the exercise of stock options with an expiry date of February 10, 2015.  Subsequent to 2010, when these stock options were originally granted, the Company's non-employee directors are no longer eligible to receive stock options related to their service on the Board, but instead participate in a cash-settled Deferred Share Unit (\"DSU\") program as a component of their compensation.\n\n\n\n\nInsider Name\n\n\nTitle\n\n\nIntended Transactions\n\n\n% of Common Shares \n\nIntended to be Sold1,2\n\n\n% of the Value of Great \n\nCanadian Securities \n\nIntended to be Sold1,3\n\n\n\nThomas Gaffney\n\n\nMember of the Board of \n\nDirectors\n\n\nExercise 30,000 options4and sell 30,000 common shares\n\n\n47%\n\n\n35%\n\n\n\nPeter Meredith\n\n\nMember of the Board of \n\nDirectors\n\n\nExercise 45,000 options4and sell 20,000 common shares\n\n\n15%\n\n\n11%\n\n\n\nDavid Prupas\n\n\nMember of the Board of \n\nDirectors\n\n\nExercise 30,000 options4and sell 30,000 common shares\n\n\n40%\n\n\n29%\n\n\n\nWalter Soo\n\n\nVice President, Player \n\nDevelopment, Casino Player \n\nDevelopment\n\n\nExercise 17,940 options4and sell 260,000 common shares5\n\n\n44%5\n\n\n52%5\n\n\n\n\n\n\n\n\n\n\n1 \n\n\nGreat Canadian Securities for this calculation includes stock options, DSUs and common shares.\n\n\n\n2 \n\n\nCalculated as the number of common shares intended for sale as a percentage of in-the-money Great Canadian Securities held by the insider.\n\n\n\n3 \n\n\nCalculated as the intrinsic value of Great Canadian Securities in the Intended Transactions as a percentage of the total intrinsic value of Great Canadian Securities held by the insider.  The intrinsic values in these estimates were based on the Company's common share closing price on August 18, 2014 of $19.28.  The intrinsic value of a stock option is the positive difference between the Company's common share closing price and the stock option's exercise price.  The intrinsic value of a common share a...

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