Question

How do I become a shareholder in West Meadows Raceway?

Answer

CLICK HERE FOR SUBSCRIPTION FORM

To become a shareholder in West Meadows Raceway, simply print and complete the above share subscription form and forward with your cheque to:

West Meadows Raceway Inc., PO Box 22, Regina, SK, S4P 2Z5.

Share certificates will be mailed.

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Will I get a return on my investment?

While not being billed as a grand money maker, dividends are planned to be paid out to shareholders of West Meadows Raceway Inc.  Shareholders can also take great pride in having a direct hand in securing the future of harness racing and will share in any growth from future expansion (potential for simulcasting and possibly additional gaming revenue).

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What is the land presently used for?

McNally Enterprises has successfully grain farmed this prime piece of land for over 40 years. It is only a small part of all land currently owned by the corporation and it has been dedicated to the future of harness racing.

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Why would I invest in West Meadows Raceway when they don't own the land?


There are a few other Canadian racetracks that are currently situated on leased land. McNally Enterprises has offered WMR a 20 year – renewable lease for a reasonable amount of money and has committed the land indefinitely as long as there continues to be racing. In the unlikely event that things don't work out, McNally Enterprises would buy out the barn and clubhouse from WMR at fair market value (equity returned to shareholders). WMR would also have equity in all equipment, other assets and buildings.

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Is McNally Enterprises investing in West Meadows Raceway Inc.?

Yes, they have. As of now they are among the largest shareholders and have a strong willingness to see the project succeed. They have also paid the initial costs for getting the well and power up and running.

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Are there any funds available to help get this project up and running?

We have raised capital mostly through share ownership but we are presently applying for grant money from different agencies. The SSHA has approved a $50,000 interest free loan to WMR if needed.

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Questions can be emailed to: info@WestMeadowsRaceway.com