Canlan Announces Dividend Payment

        






Canlan Announces Dividend Payment

BURNABY, BC, Nov. 30, 2012 /CNW/ - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of recreational and multi sport facilities across North America, today announced it has approved the continuation of the Company's quarterly dividend policy and declared eligible dividends totaling $0.02 per common share that will next be paid on January 15, 2013 to shareholders of record at the close of business December 28, 2012.  Canlan's Board of Directors reviews the Company's dividend policy on a quarterly basis.  Canlan's dividend is designated as an "eligible" dividend under the Income Tax Act (Canada) and any corresponding provincial legislation. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits, which reduce income tax otherwise payable.

About Canlan

Canlan Ice Sports Corp. is the North American leader in the development, operations and ownership of multi-purpose recreation and entertainment facilities. We are the largest private sector owner and operator of recreational ice sports facilities in North America and currently own and/or manage 21 facilities in Canada and the United States with 60 ice surfaces, as well as indoor soccer fields, ball diamonds, curling rinks and volleyball courts.  To learn more please visit www.icesports.com.

Canlan Ice Sports Corp. is listed on the Toronto Stock Exchange under the symbol "ICE."

SOURCE Canlan Ice Sports Corp.

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