Canterbury Park Holding Corporation (AMEX:ECP) today announced that it has been approved for listing on the NASDAQ Global Market under the symbol "CPHC."
Trading on the NASDAQ Global Market is expected to commence on August 26, 2008. The Company's common stock will continue to trade on the American Stock Exchange until the market close on August 25, 2008.
"We are pleased to announce the Company's listing on the NASDAQ Global Market," commented Randy Sampson, the Company's President and Chief Executive Officer. "We believe the move to NASDAQ, the world’s largest electronic stock market, will improve the visibility of our stock, enhance trading liquidity in our shares, and provide the Company with greater exposure to institutional investors. We also feel moving to the symbol “CPHC” achieves a closer alignment to our name, Canterbury Park Holding Corporation, which reflects our goal to enhance shareholder value by engaging in multiple business activities.”
About Canterbury Park: One of Minnesota’s largest and well-known entertainment venues, Canterbury Park hosts pari-mutuel wagering and card games at its facility in Shakopee, Minnesota. Pari-mutuel wagering is offered on live thoroughbred and quarter horse races each summer, and simulcast wagering on races held at out-of-state racetracks is available year-round. Canterbury Park’s Card Club hosts a variety of poker and casino style card games 24 hours a day. Canterbury Park also derives revenues from related services and activities, such as concessions, parking, admissions, programs, and from other entertainment events held at the facility. To learn more about Canterbury Park, visit our website at www.canterburypark.com.
Cautionary Statement: From time to time, in reports filed with the Securities and Exchange Commission, in press releases, and in other communications to shareholders or the investing public, Canterbury Park Holding Corporation may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans which are typically preceded by the words " believes," "expects," "anticipates," "intends" or similar expressions. For these forward-looking statements, the Company claims the protection of the safe harbor for forward-looking statements contained in federal securities laws. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties which could cause actual performance, activities or plans after the date the statements are made to differ significantly from those indicated in the forward-looking statements when made.