Category Archives: IR Press Releases

Apollo Funds Complete Acquisition of Great Canadian Gaming, Anthony Rodio Appointed CEO

September 22, 2021 – Toronto, ON and New York, NY – Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that an affiliate of certain funds it manages (the “Apollo Funds”) has completed its acquisition of Great Canadian Gaming Corporation (“Great Canadian” or the “Company”). Seasoned gaming executive Anthony “Tony” Rodio has been named Chief Executive Officer of Great Canadian, effective immediately, leading the Company from its headquarters in Toronto, Ontario. Rodio will also join the Board of Directors.

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GREAT CANADIAN GAMING ANNOUNCES ANTICIPATED CLOSING DATE OF THE PLAN OF ARRANGEMENT WITH APOLLO FUNDS

September 16, 2021 – Toronto, ON – Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or the “Company”) today announced that, further to its news release on September 10, 2021, the Company will be advancing to September 22, 2021 the previously announced closing of the plan of arrangement under section 288 of the Business Corporations Act (British Columbia) pursuant to which Raptor Acquisition Corp., an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO), will acquire all the issued and outstanding common shares of the Company (the “Shares”) at a price of C$45.00 in cash per Share (the “Arrangement”). The closing of the Arrangement is subject to the satisfaction of customary closing conditions.

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GREAT CANADIAN GAMING RECEIVES ALL REGULATORY APPROVALS FOR THE PLAN OF ARRANGEMENT WITH AN AFFILIATE OF APOLLO FUNDS

September 10, 2021 – Toronto, ON – Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or
the “Company”) today announced that it has received all regulatory approvals required in connection
with the previously announced plan of arrangement under section 288 of the Business Corporations Act
(British Columbia) pursuant to which Raptor Acquisition Corp., an affiliate of funds managed by affiliates
of Apollo Global Management, Inc. (NYSE: APO), will acquire all the issued and outstanding common
shares of the Company (the “Shares”) at a price of C$45.00 in cash per Share (the “Arrangement”).

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GREAT CANADIAN GAMING ANNOUNCES VOTING RESULTS FROM ANNUAL GENERAL AND SPECIAL MEETING

August 5, 2021 – Toronto, ON – Great Canadian Gaming Corporation (TSX:GC) (“Great
Canadian” or the “Company”) announces that at its virtual annual general and special meeting of shareholders held on August 4, 2021 (the “Meeting”), all directors nominated listed in the information circular dated June 16, 2021 were re-elected and one nominee director elected. 

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GREAT CANADIAN GAMING ANNOUNCES THE REOPENING OF THE COMPANY’S ONTARIO PROPERTIES

July 12, 2021 – Toronto, ON – Further to the announcement on July 9, 2021 from the Ontario provincial government that certain businesses can reopen, such as casinos, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or “the Company”) will be undertaking the required steps to reopen the following Ontario properties on Friday, July 16, 2021:

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GREAT CANADIAN ANNOUNCES CLOSING OF OFFERING OF SENIOR SECURED NOTES BY, AND PROVIDES UPDATE ON PLAN OF ARRANGEMENT WITH, AN AFFILIATE OF APOLLO FUNDS

June 30, 2021 – Toronto, ON – Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or the “Company”) today announced the closing of a private offering by Raptor Acquisition Corp. (“RAC”) and an affiliate of RAC of US$350 million aggregate principal amount of its 4.875% senior secured notes due 2026 (the “Notes”), the proceeds of which were placed into and will be held in escrow until the satisfaction of specified conditions precedent, including the satisfaction or waiver of all conditions precedent to the consummation of its previously announced plan of arrangement (the “Arrangement”) under section 288 of the Business Corporations Act (British Columbia), pursuant to which RAC, an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO), will acquire all the issued and outstanding common shares of the Company (the “Shares”) for C$45.00 in cash per Share. Upon release from escrow, the Company expectsthat the net proceeds of the offering will be used to partially fund the Arrangement.

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GREAT CANADIAN GAMING ANNOUNCES THE REOPENING OF THE COMPANY’S BRITISH COLUMBIA PROPERTIES

June 29, 2021 – Toronto, ON – Further to the announcement today from the British Columbia provincial government that certain businesses can reopen, such as casinos, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or “the Company”) will be reopening the following properties on Thursday, July 1, 2021:

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GREAT CANADIAN GAMING ANNOUNCES THE REOPENING OF CASINO NOVA SCOTIA

June 15, 2021 – Toronto, ON – Further to the announcement today from the Nova Scotia provincial government that certain businesses can reopen, such as casinos, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or “the Company”) will be reopening Casino Nova Scotia’s properties in Halifax and Sydney at 11:00 a.m. ADT on Wednesday, June 16, 2021. The properties will reopen with a reduction in gaming capacity to reflect physical distancing requirements, as well as limited food and beverage services.

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