VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 21, 2014) - BCLC's legal counsel has reached an agreement with former BCLC President & CEO, Mr. Michael Graydon. Under the agreement, BCLC has received full repayment in the amount of $55,171.20, which includes total net salary and holdback Mr. Graydon received from February 4, 2014 until March 31, 2014.

BCLC did not request repayment of $30,960 in vacation pay as Mr. Graydon is legally entitled to these funds.

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BCLC Media Relations