03:34 PM EST - Canlan Ice Sports Corp. : announced the completion of the previously announced acquisition of the International Ice Centre ("IIC"), a three-ice sheet, 106,000-square-foot facility, situated on 8 acres of land, currently in operation in the Chicago suburb of Romeoville. Canlan purchased the facility for approximately $3.8 million U.S. and will fund the acquisition by a combination of cash and debt. The three-sheet ice sports complex was opened in the fall of 2006 and originally built at a cost of approximately $13.8 million. The IIC has recently undergone approximately $450,000 of upgrades and renovations. Canlan Ice Sports Corp.
shares T.ICE are trading even at $1.85.
