Elysee Development Corp.

Recent News

  • Elysee Announces Normal Course Issuer Bid

    Vancouver, British Columbia--(Newsfile Corp. - May 5, 2021) - Elysee Development Corp. (TSXV: ELC) (the "Company") announces today its intention to make a normal course issuer bid (the "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 (as that term is defined in the policies of the TSX...

    2021-05-05 2:22 PM EDT
  • ELYSEE earns $53,271 during the three months ended March 31, 2021

    Vancouver, British Columbia--(Newsfile Corp. - May 4, 2021) - Elysee Development Corp. (TSXV: ELC) is pleased to announce its unaudited financial results for the three months ended March 31, 2021 ("Q1 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 income...

    2021-05-04 7:00 AM EDT
  • Elysee Provides Corporate Update for the First Quarter of 2021

    Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Elysee Development Corp. (TSXV: ELC) 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 (precious metals miners) 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...

    2021-04-06 7:00 AM EDT
  • Elysee Earns $4,018,643 ($0.15 per Share) During the Year Ended December 31, 2020

    Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) -  Elysee Development Corp. (TSXV: ELC) is pleased to announce its audited financial results for the year ended December 31, 2020 ("FY2020"), 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 ($0.15 per share) in FY2020 from 1,817,312 ($0.07 per share) in FY 2019;Net investment income...

    2021-03-09 7:00 AM EST
  • ELYSEE Increases Final Dividend for Fiscal 2020 to Three Cents ($0.03) per Share

    Vancouver, British Columbia--(Newsfile Corp. - February 16, 2021) - Elysee Development Corp. (TSXV: ELC) 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 ("FY 2020") to three cents ($0.03) 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,...

    2021-02-16 7:15 AM EST
  • Elysee Earns $2,330,345 ($0.09 per Share) During the Third Quarter of 2020; Declares Interim Dividend of $0.01 per Share

    Vancouver, British Columbia--(Newsfile Corp. - November 2, 2020) - Elysee Development Corp. (TSXV: ELC) 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 (Q3 2020) include:Net income increased to $2,330,345 ($0.09 per share) in Q3 2020 from $232,474 in Q3 2019;Net earnings for the nine months ended...

    2020-11-02 7:00 AM EST
  • Elysee Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - September 29, 2020) - Elysee Development Corp. (TSXV: ELC) 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. ("Valkyrie"), a start-up company acquiring royalties in the precious metals sector. On August 24, 2020 Nomad Royalty Company Ltd. ("Nomad"), a TSX listed royalty company, announced an offer to acquire Valkyrie in an all-share deal whereby each...

    2020-09-29 7:00 AM EDT
  • Elysee Earns Record $4,804,154 ($0.18 per share) During the Three Months Ended June 30, 2020, Offsetting First Quarter Loss

    Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) - Elysee Development Corp. (TSXV: ELC) 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 (Q2 2020) include:Net income increased to $4,804,154 ($0.18 per share) in Q2 2020 from a loss of $4,424,627 ...

    2020-07-28 7:00 AM EDT