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.