Press Releases

TWC Enterprises Limited Announces Third Quarter 2018 Results and Eligible Cash Dividend

KING CITY, ONTARIO, November 5, 2018 Full Release

TWC Enterprises Limited Announces Renewal of Normal Course Issuer Bid

KING CITY, ONTARIO, September 17, 2018 Full Release

TWC Enterprises Limited Announces Second Quarter 2018 Results and Eligible Cash Dividend

KING CITY, ONTARIO, August 2, 2018 Full Release

TWC Enterprises Limited Announces Divestiture of White Pass & Yukon Route to Joint Venture

KING CITY, ONTARIO, July 31, 2018 Full Release

TWC Enterprises Limited Announces Plans to Divest White Pass & Yukon Route to Carnival Corporation & plc

KING CITY, ONTARIO, June 6, 2018 Full Release

TWC Enterprises Limited Announces Election of Directors

KING CITY, ONTARIO, May 10, 2018 Full Release

TWC Enterprises Limited Announces First Quarter 2018 Results and Eligible Cash Dividend

KING CITY, ONTARIO, May 3, 2018 Full Release

TWC Enterprises Limited Announces 2017 Year End Results and Eligible Cash Dividend

KING CITY, ONTARIO, March 2, 2018 Full Release

TWC Enterprises Limited Announces Third Quarter 2017 Results and Eligible Cash Dividend

KING CITY, ONTARIO, November 2, 2017 Full Release

TWC Enterprises Limited Announces Renewal of Normal Course Issuer Bid

KING CITY, ONTARIO, September 15, 2017 Full Release

TWC Enterprises Limited Announces Second Quarter 2017 Results and Eligible Cash Dividend

KING CITY, ONTARIO, August 10, 2017 Full Release

TWC Enterprises Limited Announces Strategic Review

KING CITY, ONTARIO, June 16, 2017 Full Release

TWC Enterprises Limited Announces Election of Directors

KING CITY, ONTARIO, May 11, 2017 Full Release

TWC Enterprises Limited Announces First Quarter 2017 Results and Eligible Cash Dividend

KING CITY, ONTARIO, May 4, 2017 Full Release

TWC Enterprises Limited Announces 2016 Year End Results and Eligible Cash Dividend

KING CITY, ONTARIO, February 28, 2017 Full Release

Highland Gate Joint Venture Reaches Settlement and Glen Abbey Development Application Filed

KING CITY, ONTARIO, December 6, 2016 Full Release

TWC Enterprises Limited Announces Third Quarter 2016 Results and Eligible Cash Dividend

KING CITY, ONTARIO, November 7, 2016 Full Release

TWC Enterprises Limited Announces Renewal of Normal Course Issuer Bid

KING CITY, ONTARIO, September 15, 2016 Full Release

TWC Enterprises Limited Announces Second Quarter 2016 Results and Eligible Cash Dividend

KING CITY, ONTARIO, August 4, 2016 Full Release

TWC Enterprises Limited Announces Election of Directors

KING CITY, ONTARIO, May 12, 2016 Full Release

TWC Enterprises Limited Announces First Quarter 2016 Results and Eligible Cash Dividend

KING CITY, ONTARIO, May 5, 2016 Full Release

TWC Enterprises Limited Announces 2015 Year End Results and Eligible Stock Dividend

KING CITY, ONTARIO, March 1, 2016 Full Release

TWC Enterprises Limited Announces Third Quarter 2015 Results and Eligible Dividend

KING CITY, ONTARIO, November 5, 2015 Full Release

TWC Enterprises Limited Announces Renewal of Normal Course Issuer Bid

KING CITY, ONTARIO, September 16, 2015 



TWC Enterprises Limited (TSX: TWC)(“TWC”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by TWC of its intention to make a normal course issuer bid through the facilities of the TSX or alternative Canadian trading platforms. Full Release

TWC Enterprises Limited announces second quarter 2015 results and eligible stock dividend

KING CITY, ONTARIO, Aug 6, 2015 Full Release

TWC Enterprises Limited announces election of directors

KING CITY, ONTARIO, May 14, 2015 TWC Enterprises Limited (TSX: TWC) (“TWC”)announced that the eight nominees listed in the management information circular for the 2015 Annual and Special Meeting of Shareholders held on May 13, 2015 in Milton, Ontario were each elected as directors of ClubLink. Full Release

TWC Enterprises Limited announces sunset clause expiry date on outstanding ClubLink Corporation ULC shares

KING CITY, ONTARIO, May 11, 2015 TWC Enterprises Limited (TSX: TWC) (“TWC”) would like to remind holders of shares of ClubLink Corporation ULC (“ClubLink”), that the sunset clause on exchanging these shares for common shares of TWC Enterprises Limited expires on July 22, 2015 at 5:00 p.m. (EST) (“Deadline”). Full Release

TWC Enterprises Limited announces first quarter 2015 results and eligible stock dividend

KING CITY, ONTARIO, May 7, 2015 Full Release

TWC Enterprises Limited announces 2014 year end results and eligible stock dividend

KING CITY, ONTARIO, March 4, 2015 Full Release

TWC Enterprises Limited announces appointment of Andrew Tamlin as CFO and Robert Visentin as SVP Investments

KING CITY, ONTARIO, February 18, 2015 TWC Enterprises Limited (TSX: TWC) (“TWC”) announced today that Mr. Andrew Tamlin has been appointed its Chief Financial Officer.  In conjunction with Mr. Tamlin’s appointment, Mr. Robert Visentin, the current CFO, has been appointed Senior Vice President, Investments. Full Release

TWC Enterprises Limited Announces Retirement of Edge Caravaggio from ClubLink Corporation ULC and Appointment of John Finlayson as Chief Operating Officer, ClubLink Corporation ULC

KING CITY, ONTARIO, December 10, 2014 TWC Enterprises Limited (TSX:TWC) announced today that Edge Caravaggio, Vice President, Golf Operations is retiring from ClubLink Corporation ULC (ClubLink) effective December 31, 2014. Full Release

TWC Enterprises Limited Announces Cancellation of DRIP and Stock Option Plan

KING CITY, ONTARIO, November 20, 2014 TWC Enterprises Limited (TSX:TWC)("TWC") today announced that it had cancelled its Shareholder Dividend Reinvestment Plan as it was administratively inefficient due to few participants. TWC had cancelled its Stock Option Plan (the “Plan”) effective November 10, 2014. The Plan had been in existence for over 15 years and as of November 9, 2014 there were no outstanding options. Full Release

TWC Enterprises Limited Announces Third Quarter 2014 Results and Eligible Stock Dividend

KING CITY, ONTARIO, November 6, 2014 TWC Enpterprises Limited (TSX:TWC)("TWC") today announced third quarter consolidated financial highlights and operating data. Full Release

TWC Enterprises Limited Announces Renewal of Normal Course Issuer Bid

KING CITY, ONTARIO, Septmber 16, 2014 TWC Enpterprises Limited (TSX:TWC)("TWC") today announced that the Toronto Stock Exchange (the "TSX") has accepted notice filed by TWC of its intention to make a normal course issuer bid through the facilities of the TSX or alternative Canadian trading platforms. Full Release

TWC Enterprises Limited Announces Second Quarter 2014 Results and Eligible Dividend

KING CITY, ONTARIO, August 7, 2014 On May 15, 2014 shareholders approved the Company’s name change from ClubLink Enterprises Limited to TWC Enterprises Limited. Consolidated operating revenue increased 2.1% to $60,946,000 for the three month period ended June 30, 2014 from $59,669,000 in 2013, primarily due to the acquisitions of TPC Eagle Trace which was announced on December 31, 2013 and Hidden Lake Golf Club announced on February 7, 2014. Full Release

White Pass & Yukon Route Derailment

KING CITY, ONTARIO, July 24, 2014 The White Pass & Yukon Route Railway, headquartered in Skagway, Alaska, confirms that one of its scheduled scenic excursion trains partially derailed in Alaska at approximately 1:55 p.m. local time on July 23, 2014 near Milepost 20 northeast of Skagway. The location of the derailment is on a section of track that routinely handles thousands of passenger excursion trips annually across the scenic and historic White Pass & Yukon Route constructed at the turn of the last century. The derailment involved two vintage locomotives and four of 15 passenger rail cars. The train was carrying approximately 360 passengers and crew. There were 19 people treated at the clinic in Skagway for various bumps and bruises type injuries and everyone was released within hours of arriving at the clinic. Full Release

ClubLink Enterprises Limited Begins Trading on the TSX as "TWC" on June 25, 2014

KING CITY, ONTARIO, June 23, 2014 - Effective May 16, 2014 ClubLink Enterprises Limited changed its name to TWC Enterprises Limited (TSX:TWC) as the result of a special resolution to change the name passed at its Annual and Special Meeting of Shareholders held on May 15, 2014. The corporate name was changed as future investments may not be limited to the golf industry. Full Release

ClubLink Enterprises Limited Announces Election of Directors and Name Change

KING CITY, ONTARIO, May 16, 2014 - ClubLink Enterprises Limited (TSX:CLK) (“ClubLink”) announced that the eight nominees listed in the management information circular for the 2014 Annual and Special Meeting of Shareholders held on May 15, 2014 in Oakville, Ontario were each elected as directors of ClubLink. The vote was by single ballot. Detailed results of the vote received by proxy are set out below. Full Release

ClubLink Enterprises Limited Announces First Quarter 2014 Results and Eligible Dividend

KING CITY, ONTARIO, May 8, 2014 - Consolidated operating revenue increased 2.0% to $22,496,000 for the three month period ending March 31, 2014 from $22,049,000 in 2013, primarily due to the acquisition of TPC Eagle Trace which was announced on December 31, 2013. This was offset by a decline Canadian golf club operating revenue from less Canadian members. Full Release

ClubLink Enterprises Limited Announces 2013 Year End Results and Quarterly Eligible Dividend

KING CITY, ONTARIO, Mar 06, 2014 - Consolidated operating revenue decreased 1.0% to 197,425,000 in 2013 from 199,404,000 in 2012 primarily due to a decline in operating revenue from Canadian golf club operations from 813 less golf members. The divestiture of Lake Chesdin Golf Club in the first quarter of 2013 also contributed to this reduction. This decrease was offset by additional operating revenue generated by the rail, tourism and port operations segment from 65,000 additional port passengers and the related rail revenue from these passengers. Full Release

ClubLink Acquires Hidden Lake Gold Club in Burlington, Ontario

KING CITY, ON, February 7, 2014 - ClubLink announced today that it has acquired the 36-hole Hidden Lake Golf Club in Burlington, Ontario, and plans to continue to operate it as a daily-fee facility with local membership programs. Full Release

ClubLink Acquires TPC Eagle Trace in Coral Springs, Florida for US $3.4 Million

KING CITY, ON, December 31, 2013 - ClubLink Enterprises Limited (“ClubLink”) announced today that a wholly owned subsidiary has acquired TPC Eagle Trace in Coral Springs, Florida, giving ClubLink a total of 12 18-hole equivalent championship and two 18-hole equivalent academy courses in that state. Full Release

ClubLink Enterprises Limited Announces Third Quarter 2013 Results and Eligible Dividend

KING CITY, ON, August 9, 2013 - Consolidated operating revenue increased 1.8% to $87,861,000 for the three month period ending September 30, 2013 from $86,276,000 in 2012, primarily due to an increase of $1,819,000 in rail, tourism and port operations revenue resulting from more rail and port passengers compared to 2012 and a more favorable exchange rate. Full Release

ClubLink Enterprises Limited Announces Second Quarter 2013 Results and Eligible Dividend

KING CITY, ON, August 9, 2013 - Today, ClubLink Enterprises Limited ("ClubLink") announced an eligible dividend of 7.5 cents per share to be paid on September 13, 2013 to shareholders of record as at August 30, 2013. Full Release

Clublink Enterprises Limited Announces First Quarter 2013 Results and Eligible Dividend

KING CITY, ON, May 10, 2013 - Today, ClubLink Enterprises Limited announced an eligible dividend of 7.5 cents per share to be paid on June 14, 2013 to shareholders of record as at May 31, 2013.. Full Release

Clublink Enterprises Limited Announces 2012 Year End Results and Quarterly Eligible Dividend

KING CITY, ON, March 5, 2013 - Today, ClubLink Enterprises Limited announced an eligible dividend of 7.5 cents per share to be paid on March 28, 2013 to shareholders of record as at March 20, 2013.. Full Release

Clublink Enterprises Limited Announces Third Quarter 2012 Results and Eligible Dividend

KING CITY, ON, November 9, 2012 - ClubLink Enterprises Limited (“ClubLink”) today announced an eligible dividend of 7.5 cents per share to be paid on December 14, 2012 to shareholders of record as at November 30, 2012. Full Release

Clublink Enterprises Limited Announces Renewal Of Normal Course Issuer Bid

KING CITY, ON, September 18, 2012 - ClubLink Enterprises Limited (“ClubLink”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by ClubLink of its intention to make a normal course issuer bid through the facilities of the TSX or alternative Canadian trading platforms. Full Release

ClubLink Enterprises Limited Announces Second Quarter 2012 Results And Eligible Dividend

KING CITY, ON, August 10, 2012 - Clublink Enterprises Ltd announced an eligible dividend of $0.075 per share to be paid on September 14, 2012 to shareholders of record as at August 31, 2012. Full Release

ClubLink Enterprises Limited Announces First Quarter 2012 Results And Quarterly Eligible Dividend

KING CITY, ON, May 11, 2012 - Clublink Enterprises Ltd. announced an eligible dividend of $0.075 per share to be paid on June 15, 2012 to shareholders of record as at June 1, 2012. The Company has been approved by the Toronto Stock Exchange for a normal course issuer bid to purchase up to 1,390,000 of its common shares which will expire on September 19, 2012. As at May 11, 2012 the Company has repurchased for cancellation 1,339,200 common shares for a total purchase price of $9,339,000 or $6.97 per common share, including commissions. As at May 11, 2012, ClubLink has 26,375,132 common shares outstanding. Full Release

ClubLink Enterprises Limited Announces 2011 Year End Results And Quarterly Eligible Dividend

KING CITY, ON, March 6, 2012 - Consolidated operating revenue increased 5.2% to $200,246,000 in 2011 for the year ended December 31, 2011 from $190,370,000 in 2010 primarily due to the revenue generated from the Florida golf clubs that have been acquired since September 2010. Full Release

ClubLink Acquires Palm-Aire Country Club In Pompano Beach, Florida

KING CITY, ON, November 18, 2011 - ClubLink announced today that it has acquired the 54-hole Palm-Aire Country Club in Pompano Beach, Florida, from Palm-Aire Associates Limited Partnership. Full Release

ClubLink Enterprises Limited Announces Third Quarter 2011 Results And Eligible Dividend

KING CITY, ON, November 9, 2011 - Consolidated operating revenue increased 2.8% to $89,151,000 for the three month period ending September 30, 2011 from $86,727,000 in 2010, primarily due to operating revenue from the Florida golf clubs and Glendale which have all been acquired since September 3, 2010. Full Release

ClubLink Enterprises Limited Announces Renewal Of Normal Course Issuer Bid

KING CITY, ON, September 16, 2011 - ClubLink Enterprises Limited (“ClubLink”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by ClubLink of its intention to make a normal course issuer bid through the



facilities of the TSX or alternative Canadian trading platforms. Full Release

ClubLink Enterprises Limited Announces Second Quarter 2011 Results And Eligible Dividend

KING CITY, ON, August 10, 2011 - Consolidated operating revenue increased 6.9% to $61,285,000 for the three month period ending June 30, 2011 from $57,321,000 in 2010, primarily due to operating revenue from the Florida golf courses and



Glendale which have been acquired since June 30, 2010. Full Release

ClubLink Enterprises Ltd. Announces First Quarter 2011 Results and Eligible Dividends

KING CITY, ON, May 11, 2011 - ClubLink Enterprises Ltd. announced an eligible dividend of CAD0.075 per share to be paid on June 15, 2011 to shareholders of record as at June 1, 2011. Full Release

ClubLink Enterprises Limited Announces 2010 Year End Results

KING CITY, ON, March 1, 2011 - Consolidated operating revenue decreased 0.2% to $189,903,000 in 2010 for the year ended December 31, 2010 from $190,212,000 in 2009 primarily due to a decline in the rail, tourism and port operations revenue. The revenue from this segment has declined primarily due to: (i) a 10.8% decline in port passengers; (ii) a 7.1% decline in rail passengers and (iii) a stronger Canadian dollar per US dollar (1.0299 compared to 1.1326 in 2009). This decrease was offset by revenue from the Company’s expansion into the Florida golf marketplace. Full Release

ClubLink acquires Glendale Golf and Country Club in Hamilton, Ontario.

KING CITY, ON, December 15, 2010 - ClubLink 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.



Full Release

ClubLink Enterprises Limited Announces Third Quarter 2010 Results and Eligible Quarterly Dividend.

KING CITY, ON, November 4, 2010 - Consolidated operating revenue decreased 4.3% to $86,727,000 for the three month period ending September 30, 2010 from $90,594,000 in 2009 due to the decline in rail, tourism and port operations revenue and exchange. The revenue for this segment has declined due to an 11% decline in port passengers in 2010 and a lower rate of exchange per US dollar for the third quarter (1.0391 compared to 1.0974 in 2009). The RBC Canadian Open hosted by Glen Abbey Golf Club in 2009 also resulted in a decline of approximately $1,000,000 in operating revenue. Full Release

ClubLink acquires Heron Bay Golf Club in Coral Springs, Florida.

KING CITY, ON, October 21, 2010 - ClubLink (TSX:CLK) announced today that it has acquired Heron Bay Golf Club in Coral Springs, Florida, 30 minutes from downtown Fort Lauderdale, for approximately US$3 million from HB Partners I, LLC. Heron Bay is ClubLink's sixth l8-hole equivalent championship golf course in the Florida Region. Full Release

ClubLink files voting results from its annual meeting of shareholders.

KING CITY, ON, October 13, 2010 - ClubLink (TSX:CLK) announced today that it has filed voting results from its annual meeting of shareholders held on May 20, 2010. It recently came to the attention of ClubLink that this document was not filed, as required by National Instrument 51-102 – Continuous Disclosure Obligations, as a result of an inadvertence. Full Release

ClubLink establishes first U.S. regional cluster in Florida.

KING CITY, ON, September 3, 2010 - ClubLink (TSX:CLK) announced today that it has acquired eight 18-hole equivalent golf courses in Sun City Center, Florida, from WCI Communities, LLC. The operating championship golf courses are Club Renaissance (18 holes), Sandpiper Golf Course (27 holes), Scepter Golf Club (18 holes), and Falcon Watch Golf Club (27 holes). Two 18-hole executive-length courses are also included: Kings Point Golf Club and Caloosa Greens Golf Club. Full Release

ClubLink Enterprises Limited Announces Second Quarter 2010 Results and Eligible Quarterly Dividend.

KING CITY, ON, Aug 4, 2010 - Consolidated operating revenue decreased 2.9% to $57,321,000 for the three month period ending June 30, 2010 from $59,041,000 in 2009 due to the decline in rail, tourism and port operations revenue and exchange. The revenue for this segment has declined due to an 11% decline in cruise ships in Skagway in 2010 and a lower rate of exchange per US dollar (1.0276 compared to 1.1672 in 2009). The decline in cruise ships is in reaction to the Alaskan head tax imposed by the state of Alaska. Full Release

ClubLink Enterprises Limited Announces First Quarter 2010 Results and Eligible Quarterly Dividend.

KING CITY, ON, May 5, 2010 - Consolidated operating revenue decreased slightly to $16,168,000 for the three month period ending March 31, 2010 from $16,184,000 in 2009.

Consolidated cost of sales and operating expenses decreased 7.5% to $15,107,000 for the three month period ending March 31, 2010 from $16,326,000 in 2009 primarily due to cost control measures undertaken by the entire organization and a lower rate of exchange per US dollar (1.0409 compared to 1.2451 in 2009) for the rail, tourism and port operations.  Cost savings from the business combination and privatization of ClubLink Corporation on July 28, 2009 have also contributed to this reduction. Full Release

Corporate Appointment.

MISSISSAUGA, ON, March 30, 2010 - Mr. K. (Rai) Sahi, Chairman and Chief Executive Officer of ClubLink Enterprises Limited, the parent company of the White Pass & Yukon Route ("WP&YR"), announced the appointment of Eugene N. Hretzay as President of WP&YR effective March 25, 2010. He replaces Gary C. Danielson who retired on March 1st. Full Release

ClubLink Enterprises Limited Announces 2009 Year End Results and Eligible Quarterly Dividend.

MISSISSAUGA, ON, March 2, 2010 - Consolidated operating revenue decreased 3.2% to $190,212,000 for the year ended December 31, 2009 from $196,532,000 in 2008 primarily due to a decrease in revenue in golf club and resort operations described below. Full Release

ClubLink Enterprises Limited announces third quarter 2009 results and regular dividend.

MISSISSAUGA, ON, Nov. 6, 2009 - Net operating income from the golf club and resort operations decreased 9.0% to $20,115,000 for the third quarter of 2009, compared to $22,100,000 in 2008, due to declines in discretionary spending in categories such as food and beverage, corporate events and rooms caused by the recession and a cool and wet summer. Full Release

ClubLink Enterprises Limited announces



renewal of normal course issuer bid.

MISSISSAUGA, ON, Sept. 16, 2009 - ClubLink Enterprises Limited (“ClubLink Enterprises”) (formerly Tri-White Corporation) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by ClubLink Enterprises of its intention to make a normal course issuer bid through the facilities of the TSX. Full Release

ClubLink Enterprises Limited announces second quarter 2009 results and 25% increase in its quarterly eligible dividend.

MISSISSAUGA, ON, Aug. 7, 2009 - EBITDA from the rail, tourism and port segment increased to US $7,389,000 in 2009 compared to US $7,062,000 for the second quarter of 2008 due to additional port revenue from increased cruise ship passengers, a 5.8% increase in the average ticket price and aggressive containment of costs. Also impacting the quarter were two separate rail service interruptions – a rock slide which halted the entire rail operation for 2 days in May and a washout which halted rail operations between Bennett, British Columbia and Carcross, Yukon for 6 weeks. It is estimated that these interruptions resulted in a loss of US $780,000 in revenue and contributed to the decline in rail passengers. Full Release

ClubLink Enterprises Limited (formerly Tri-White Corporation) Completes Acquisition of ClubLink Corporation.

MISSISSAUGA, ON, July 28, 2009 - ClubLink Enterprises Limited (formerly Tri-White Corporation) (the "Company") (TSX: CLK) announced today the completion of the previously announced amalgamation (the "Amalgamation") of ClubLink Corporation ("ClubLink") (TSX: LNK) and 2207610 Ontario Inc. ("2207610"), a wholly-owned subsidiary of the Company. The Amalgamation was approved by the shareholders of ClubLink at the annual and special meeting held on June 30, 2009. Full Release

Tri-White changes name to ClubLink Enterprises Limited.

TORONTO, ONTARIO, July 23, 2009 – Tri-White Corporation (the “Company”) (TSX: TWH) announced that the Company has filed articles of amendment under the Canada Business Corporations Act to change its name to “ClubLink Enterprises Limited”. As previously announced, the name change was approved by shareholders at an annual and special meeting held on June 30, 2009. Full Release