Here's an old FFWD article regarding the closing of the old Republik.
http://www.ffwdweekly.com/Issues/2000/0413/cover.htm
Choy has retained the rights to the name and plans to some day open Republik in another location. Until then, he’ll start working on the club’s farewell celebrations (April 27 to 29) and concentrate on other projects – including a renovation of the old Razzbarry’s location in Kensington – all the while hoping one day there’ll be a place again in Calgary’s nightlife for a Republik.