Bird Construction Inc. (TSX:BDT)
Historical Stock Chart
3 Months : From Jul 2017 to Oct 2017
LISTING: TORONTO STOCK EXCHANGE
MISSISSAUGA, ON, Aug. 3, 2017 /CNW/ - Bird Construction Inc. ("Bird") announced today that it is part of the Niagara Falls Entertainment Partners consortium that has executed a contract to design, build, finance and maintain an entertainment facility for the Ontario Lottery and Gaming Corporation in the City of Niagara Falls. Bird will design and build the project and has taken a minority equity interest in the concession responsible for the design, construction, financing and maintenance of the project through Bird Capital, a wholly owned subsidiary. On July 11, 2017, the Company announced that it was part of the consortium named preferred proponent for the project. Since that announcement, the consortium has achieved financial close.
The facility features a performance space with multiple stage configurations and provides seating for over 5,000 patrons. Additional features include a public lobby and gathering spaces, box offices, bar and concessions.
The Company expects to commence construction activities shortly with the new centre expected to open in spring 2019.
This press release contains forward-looking statements that involve a number of risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.
The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE Bird Construction Inc.