Elysee Announces Results of Annual General and Special Meeting
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2022) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) (the "Company") is pleased to to announce that all matters submitted to the shareholders, as set out in the Notice of Meeting and Information Circular provided, were approved at the Company's Annual General and Special Meeting held in Vancouver, B.C. on November 23, 2022.The shareholders re-elected Guido Cloetens (Chair), Stuart Rogers, Martin Burian, and Gaston J. Reymenants, as directors of the Company for the...
2022-11-25 4:45 PM EST
Elysee Announces Results for the Nine Months Ended September 30, 2022
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2022) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) (the "Company") wishes to announce its unaudited financial results for the three months ("Q3 2022") and nine months ended September 30, 2022. All dollar amounts are in Canadian funds.Rapidly rising interest rates, continued geopolitical tension and increasing signs of a worldwide recession continued to put downward pressure on equity prices in the third quarter of 2022. Gold and base metal mining stocks declined...
2022-11-02 7:00 AM EDT
ELYSEE Announces Results for the Six Months Ended June 30, 2022
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2022) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) wishes to announce its unaudited financial results for the three months ("Q2 2022") and six months ended June 30, 2022. All dollar amounts are in Canadian funds. The second quarter of 2022 was a gloomy period for virtually all equity markets and most asset classes in general. Geopolitical tensions, lockdowns in China, high inflation and rising interest rates have created the expectation...
2022-08-05 7:00 AM EDT
Elysee Announces Appointment of Doug Ramshaw and Thibault Lepouttre as Advisors
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2022) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) (the "Company") is pleased to announce the appointment of Mr. Doug Ramshaw and Mr. Thibaut Lepouttre as Technical Advisors to the Company's Investment Committee. The Investment Committee will be chaired by Mr. Guido Cloetens and will meet on a regular basis to consider new opportunities and evaluate existing investments. Doug Ramshaw is currently the President of Minera Alamos Inc., a new gold...
2022-05-17 7:00 AM EDT
Elysee Announces Normal Course Issuer Bid
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2022) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) (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 1,422,030 of its issued and outstanding common shares, being approximately 4.99% of the Company's currently outstanding common shares and approximately 6.62% of the Company's Public Float (as that term is defined in the policies of...
2022-05-05 12:00 PM EDT
ELYSEE Earns $728,479 ($0.03 per Share) During the Three Months Ended March 31, 2022
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2022) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) is pleased to announce its unaudited financial results for the three months ended March 31, 2022 ("Q1 2022"). All dollar amounts are in Canadian funds. Highlights from the Q1 2022 results include:Net income of $728,479 ($0.03 per share) in Q1 2022 as compared to net income of $53,271 in Q1 2021;Total investment income of $836,818 in Q1 2022 as compared to $151,255...
2022-05-05 7:00 AM EDT
ELYSEE Earns $37,659 ($0.00 Per Share) During the Year Ended December 31, 2021
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2022) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) is pleased to announce its audited financial results for the year ended December 31, 2021 ("FY 2021"). All dollar amounts are in Canadian funds.Highlights of Fiscal 2021 results include:Net income of $37,659 ($0.00 per share) in FY 2021 as compared to $4,018,643 ($0.15 per share) in FY 2020;Net investment income of $545,774 in FY 2021 as compared to $4,797,053 in FY 2020; Total Net...
2022-03-24 7:00 AM EDT
ELYSEE Declares Dividend for Fiscal 2021 of Two Cents ($0.02) per Share
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2022) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) is pleased to announce that the board of directors have authorized a dividend for the fiscal year ending December 31, 2021 ("FY 2021") of two cents ($0.02) per share.This dividend is to be paid on March 31, 2022 to shareholders of record on March 15, 2022 and is an eligible dividend for Canadian income tax purposes. Guido Cloetens, the Chairman and CEO of...
2022-03-01 7:00 AM EST
ELYSEE Announces Loss for the Nine Months Ended September 30, 2021 of $11,123
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2021) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) wishes to announce its unaudited financial results for the three months ("Q3 2021") and nine months ended September 30, 2021. All dollar amounts are in Canadian funds.The third quarter of 2021 was a difficult quarter for gold and silver miners as evidenced by a decline of 17.6% in the world's leading tracker of junior gold and silver miners, the GDXJ, during Q3. The impact...
2021-11-08 7:00 AM EST
Elysee Provides Update on U.S. Vanadium LLC
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2021) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) is pleased to provide an update on exciting new developments at U.S. Vanadium LLC ("USV"), Elysee's largest individual investment. During September 2021, USV has announced:a US$2.1 million expansion of its Hot Springs, Arkansas production capacity for ultra-high-purity electrolyte used by grid-level vanadium flow batteries ("VRFB"); the acquisition of a materials processing facility in Benton, Arkansas that will enable the Company to more efficiently...
2021-09-14 7:00 AM EDT
ELYSEE Earns $2,049,529 ($0.07 per Share) During the Three Months Ended June 30, 2021
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2021) - Elysee Development Corp. (TSXV: ELC) is pleased to announce its unaudited financial results for the three and six months ended June 30, 2021 ("Q2 2021"). All dollar amounts are in Canadian funds.Highlights from the Q2 2021 results include:Net earnings of $2,049,529 ($0.07 per share) 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...
2021-08-05 7:00 AM EDT
Elysee Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Elysee Development Corp. (TSXV: ELC) 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 significant...
2021-06-04 7:00 AM EDT
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