Brief: Gamehost Inc - Announces revised dividend policy

Gamehost

11/05/2016 14:50

May 11 (Reuters) - Gamehost Inc  
    * Gamehost Inc - Announces revised dividend policy and 
declared dividends for may 2016 and june 2016 
    * Gamehost Inc - Corporation's boomtown casino in fort 
mcmurray remains closed until further notice 
    * Gamehost Inc - Not aware of any direct fire or other 
damage to boomtown casino 
    * Gamehost Inc - At this time we cannot, with any certainty, 
project a reopening date or when we might return to full 
operations 
    * Gamehost Inc - Boomtown casino is fully insured with 
property and business interruption coverage for a period of 18 
months 
    * Gamehost Inc - Has initiated an insurance claim in 
anticipation of losses at Boomtown casino and is currently in 
discussions with insurer 
    * Gamehost Inc - Board have declared a regular cash dividend 
for month of May 2016 at historical rate of $0.0733 (CDN$) per 
common share 
    * Gamehost Inc - Has further declared a regular cash 
dividend for month of June 2016 at a going forward rate of 
$0.0575 (CDN$) per common share 
    * Gamehost Inc - Reduced dividend will allow corporation to 
act on its normal course issuer bid 
 
Source text for Eikon:  ID:nCCN9YqxgT  
 
 (Bengaluru Newsroom; +1 646 223 8780)