Elysee Development Corp. is pleased to announce its unaudited financial results for the three and six months ended June 30, 2021 . All dollar amounts are in Canadian funds. Highlights from the Q2 2021 results include: Net earnings of $2,049,529 in Q2 2021 as compared to earnings of $53,271 in Q1 2021. Net investment income of $2,140,237 in Q2 2021 versus $151,255 in Q1 2021. Operating expenses of $90,708 during Q2 2021 as [...]
Elysee Development Corp. is pleased to provide an update of its recent investment activities. All dollar amounts are in Canadian funds unless otherwise indicated. The second quarter of 2021 has been active for Elysee Development Corp. Several of our private investments obtained a public listing on an exchange while others, like Battle North Gold Corporation, accepted a buy-out offer for cash on which we realized a [...]
Elysee Development Corp. announces today its intention to make a normal course issuer bid to purchase for cancellation, from time to time, as it considers advisable, up to 1,390,843 of its issued and outstanding common shares, being approximately 4.99% of the Company's currently outstanding common shares and approximately 6.67% of the Company's Public Float . The Exchange has approved the commencement of the Bid. The Bid [...]
Elysee Development Corp. is pleased to announce its unaudited financial results for the three months ended March 31, 2021 . All dollar amounts are in Canadian funds. Highlights from the Q1 2021 results include: A cash offer of $2.65 per share of Battle North Gold Corporation and cash offer of $2.20 per share of TMAC Resources Inc.; A realized gain of approximately $543,000 on shares of Nextsource Materials Inc.; Net [...]
Elysee Development Corp. is pleased to provide an update of its recent investment activities. Guido Cloetens, the Chairman and CEO of Elysee, stated: "Despite unfavorable conditions for our core investments I am very pleased that we were able to realize yet another positive result in Q1 2021. In the second half of 2020 we reduced our exposure to precious metals and focused more on industrial metals. This strategy has paid [...]
Elysee Development Corp. is pleased to announce its audited financial results for the year ended December 31, 2020 , its eighth straight year of profitable operations and sixth consecutive year paying out a significant dividend. All dollar amounts are in Canadian funds. Highlights of fiscal 2020 results include: Net income doubled to $4,018,643 in FY2020 from 1,817,312 in FY 2019; Net investment income increased 96% to [...]
Elysee Development Corp. is pleased to announce that the board of directors has authorized a 50 percent increase in the final dividend for the year ending December 31, 2020 to three cents per share. This dividend is to be paid on March 3, 2021 to shareholders of record on February 24, 2021 and is an eligible dividend for Canadian income tax purposes. On November 27, 2020 Elysee paid an interim dividend for FY 2020 of [...]
Elysee Development Corp. is pleased to announce its unaudited financial results for the three and nine month periods ended September 30, 2020. All dollar amounts are in Canadian funds. Highlights of the results for the three and nine months ended September 30, 2020 include: Net income increased to $2,330,345 in Q3 2020 from $232,474 in Q3 2019; Net earnings for the nine months ended September 30, 2020 were $2,709,872 as [...]
Elysee Development Corp. is pleased to provide the following update with respect to its recent investments. On July 31, 2020 Elysee invested US$150,000 at US$0.20 per share in Valkyrie Royalty Inc. , a start-up company acquiring royalties in the precious metals sector. On August 24, 2020 Nomad Royalty Company Ltd. , a TSX listed royalty company, announced an offer to acquire Valkyrie in an all-share deal whereby each [...]
Elysee Development Corp. is pleased to announce its unaudited financial results for the three and six month periods ended June 30, 2020. All dollar amounts are in Canadian funds. Highlights of the results for the three months ended June 30, 2020 include: Net income increased to $4,804,154 in Q2 2020 from a loss of $4,424,627 during the three months ended March 31, 2020 ; Net earnings for the six months ended June 30, 2020 [...]
Elysee Development Corp. announces today its intention to make a normal course issuer bid to purchase for cancellation, from time to time, as it considers advisable, up to 1,344,700 of its issued and outstanding common shares, being approximately 4.99% of the Company's currently outstanding common shares and approximately 6.72% of the Company's Public Float ). The Bid will commence on May 9, 2020 and will terminate on May [...]
Elysee Development Corp. wishes to announce its unaudited financial results for the three month period ended March 31, 2020, the first quarter of fiscal 2020. All dollar amounts are in Canadian funds. Due to a drastic downturn in the world financial markets during the first quarter of 2020 as a result of the COVID-19 pandemic, the Company incurred an unrealized loss on marketable securities of $3,535,677 during the period [...]
+128,57 %
-36,47 %
