Thunderbird's Gaming Operations in Peru Are Sold
15 4월 2018 - 2:08AM
Thunderbird Resorts Inc. / Thunderbird's Gaming Operations in
Peru Are Sold . Processed and transmitted by Nasdaq Corporate
Solutions. The issuer is solely responsible for the content of this
announcement.
ZURICH, Switzerland, April 14,
2018 (GLOBE NEWSWIRE) -- Thunderbird
Resorts Inc. ("Thunderbird" or "Group") (Euronext
Amsterdam:TBIRD) (FSE:4TR): In
accordance with the Group's press release of October 5, 2017, the
Group is pleased to announce that it has sold all of our Peruvian
gaming operations to Sun Dreams S.A. of Chile for a sale price of
USD $26 million. The Peruvian gaming operations include our local
flagship Fiesta Casino consisting of approximately 680 gaming
positions and 3 other gaming operations in Peru, with approximately
560 gaming positions. The sale also includes approximately 7,000 m2
of gaming real estate and 150 parking spaces.
The Group continues to own a
mixed-use, 19-story tower in Lima, Peru comprised of a 66 all-suite
hotel, approximately 5,400 m2 of leasable offices, and 158
underground parking spaces.
More information about the Group's
remaining assets, liabilities, and its plans for the future will be
published in its 2017 Annual Report no later than April 30,
2018.
We will keep you informed as there
are material events and progress.
Salomon Guggenheim
Chief Executive Officer and President
ABOUT THE
COMPANY: We are an international
provider of branded casino and hospitality services, focused on
markets in Latin America. Our mission is to "create extraordinary experiences for our guests."
Additional information about the Group is available
at www.thunderbirdresorts.com.
Contact: Peter LeSar, Chief Financial
Officer Email: plesar@thunderbirdresorts.com
Cautionary
Notice: Cautionary Notice: This disclosure contains
certain forward-looking statements within the meaning of the
securities laws and regulations of various international, federal,
and state jurisdictions. All statements, other than statements of
historical fact, included in this press release, half year report
and Annual Report, including without limitation, statements
regarding financial statements, balance sheet, debt, potential
revenue and future plans and objectives of Thunderbird are
forward-looking statements that involve risk and uncertainties.
There can be no assurances that such statements will prove to be
accurate and actual results could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from Thunderbird's
forward-looking statements include competitive pressures,
unfavorable changes in regulatory structures, and general risks
associated with business, all of which are disclosed under the
heading "Risk Factors" and elsewhere in Thunderbird's documents
filed from time-to-time with the Euronext Amsterdam and other
regulatory authorities.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Thunderbird Resorts Inc. via Globenewswire
--- End of Message ---
Thunderbird Resorts Inc.
Calle Alberto Navarro El Cangrejo, Apartado Panama, Republic of
Panama
Listed: Open Market (Freiverkehr) in Frankfurter
Wertpapierbörse;
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