Canterbury Park Holding Corporation (AMEX:ECP) today announced it has
been added to the Russell Microcap Index after the Russell Investment
Group reconstituted its comprehensive set of U.S. and global equity
indexes on June 27, 2008.
Russell indexes are widely used by investment managers and institutional
investors for both index funds and as benchmarks for passive and active
investment strategies. The Company will hold its membership until
Russell reconstitutes its indexes in June 2009.
“We are pleased to be part of the Russell
Microcap Index,” stated Randy Sampson,
Canterbury Park’s President and Chief
Executive Officer. “Russell is an industry
leader for stock indexes, and we expect our inclusion in this index will
generate greater interest in our stock among institutional investors.”
The annual reconstitution of the Russell Microcap Index captures the
1,000 smallest U.S. stocks in the Russell 2000, based on a combination
of their market cap and current index membership, and it includes the
next 1,000 stocks as of the end of May.
About Russell Investment Group: Russell Investment Group aims to
improve financial security for people by providing strategic advice,
world-class implementation, state-of-the-art performance benchmarks, and
a range of institutional-quality investment products. With more than
$200 billion in assets under management, Russell serves individual,
institutional and advisor clients in more than 40 countries. Russell
provides access to some of the world’s best
money managers. It helps investors put this access to work in corporate
defined benefit and defined contribution plans, and in the life savings
of individual investors. Russell’s indexes are
unmanaged and cannot be invested in directly. For more information on
Russell indexes, go to www.russell.com.
About Canterbury Park: Canterbury Park Holding Corporation
conducts pari-mutuel wagering operations and hosts “unbanked”
card games at its Canterbury Park Racetrack and Card Club facility in
Shakopee, Minnesota. The Company’s 67-day 2008
live race meet began on May 3rd and ends September 1, 2008. Canterbury
Park’s Card Club operates 24 hours a day,
seven days a week, and receives collection revenues from 34 poker
tables, and 16 tables offering a variety of casino style card games. The
Company also conducts year-round wagering of simulcast horse racing and
hosts a variety of other entertainment and special events at its
facility. For more information about the Company, please visit us at www.canterburypark.com.
Cautionary Statement: This release contains or may contain
forward-looking statements based on management’s
beliefs and assumptions. Such statements are subject to various risks
and uncertainties that could cause results to vary materially. Please
refer to the Company’s SEC filings for a
discussion of such factors.
Canterbury Park Holding Corporation Randy Sampson,