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July 14, 2017 - First Canadian Management Corp. ("FCMC"), through its affiliated companies, announced today that it has completed the acquisition of Charlottetown Inn & Conference Centre (the "Hotel"), a 143 unit hotel offering interior pool, fitness facility and over 8,000 square feet of meeting space.  The Hotel is a well-known landmark in the Charlottetown hospitality landscape and is situated in a historic area of downtown Charlottetown.

"We are very pleased to add Charlottetown Inn & Conference Centre to the FCMC family of hotels, located in the historic city of Charlottetown and beautiful province of PEI" said FCMC President & CEO, Fayaz Manji.  "Looking forward, we hope to enhance the quality of the guest experience at this hotel.  We also look to continue our expansion plan vis-à-vis future strategic geographic acquisitions as we grow our portfolio."

About First Canadian Management Corp.

The FCMC group of companies, with headquarters in Burnaby, BC, owns and manages various hotels throughout Canada and senior care facilities in BC.  

info@fcmc.ca

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