KING CITY, ONTARIO -- (Marketwire) -- 12/15/10 -- ClubLink (TSX: CLK) announced today that it has acquired Glendale Golf and Country Club in Hamilton, Ontario, its 23rd golf club in the Greater Toronto Area, joining such flagship courses as Glen Abbey, King Valley, Greystone and RattleSnake Point, for approximately $3.2 million.
"Glendale has a long and proud history and we look forward to continuing that reputation," said ClubLink President and CEO Rai Sahi. "The Hamilton area is an active and growing golf market and Glendale will complement the magnificent Heron Point Golf Links, our existing club in the area, very nicely."
Brad Hoad, President of Glendale Golf and Country Club, said ClubLink's reputation for customer service and operational expertise made the decision obvious. "The members of Glendale Golf and Country Club are eagerly anticipating the many benefits of being part of ClubLink, particularly the opportunity for reciprocal play at so many other fine courses."
Glendale, founded in 1919, was one of the first private clubs in the Hamilton area. More than 500 of the club's members volunteered over several months to build the course, which has had a vigorous and entertaining history. For example, found on the property is Smugglers Cave, a brick-lined cavern purported to be used by rumrunners during Prohibition.
Within the ClubLink family, Glendale will be categorized as a Gold-level Member Club. ClubLink has committed to infuse capital into the property in the areas of cart paths, bunkers and clubhouse renovations.
Membership initiatives, including limited-time launch pricing, are in effect. Prospective members should call 1-800-661-1818 to speak to a membership consultant or visit www.clublink.ca to learn more.
ClubLink is engaged in golf club and resort operations under the trade name, "ClubLink One Membership More Golf." ClubLink is Canada's largest owner and operator of golf clubs with 48.5 18-hole equivalent championship and six 18-hole equivalent academy courses at 41 locations, primarily in Ontario, Quebec and Florida.
ClubLink is also engaged in rail, tourism and port operations based in Skagway, Alaska, which operates under the trade name "White Pass & Yukon Route." The railway stretches approximately 177 kilometres (110 miles) from Skagway, Alaska, through British Columbia to Whitehorse, Yukon. In addition, ClubLink operates three docks primarily for cruise ships.
ClubLink Enterprises Limited
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