Lorne Park Capital Partners Inc. Acquires 1000989938 Ontario Inc.
Toronto, Ontario--(Newsfile Corp. - October 31, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Corporation") is pleased to announce that it has, through its wholly-owned subsidiary Bellwether Investment Management Inc. ("Bellwether"), closed an acquisition of 100% of the outstanding securities of 1000989938 Ontario Inc. (the "Acquiree"), an Ontario corporation that holds approximately $63 million in assets under management, all of which are currently being managed by...
2024-10-31 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Results for the Nine-Month and Three-Month Periods Ended September 30, 2024
Toronto, Ontario--(Newsfile Corp. - October 29, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the nine-month and three-month periods ended September 30, 2024.Revenue for the nine-month period ended September 30, 2024 ("YTD 2024") was $26.1 million, an increase of $4.2 million or 19.0%, compared to $21.9 million for the nine-month period ended September 30, 2023 ("YTD 2023"). Revenue for the three-month period ended September 30,...
2024-10-29 4:10 PM EDT
Lorne Park Capital Partners Inc. Announces a Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - October 3, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that its Board of Directors has approved the declaration of a cash dividend of $0.008 per common share, payable on October 31, 2024, to the shareholders of record as of October 17, 2024.The dividend payments qualify as eligible dividends for Canadian income tax purposes. The declaration, amount and payment of future cash dividends are subject to the Board of...
2024-10-03 7:30 AM EDT
Lorne Park Capital Partners Inc. Recognized on the Globe and Mail's Sixth Annual Ranking of Canada's Top Growing Companies
Toronto, Ontario--(Newsfile Corp. - September 27, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("Lorne Park" or the "Company") is pleased to announce it has ranked No. 408 on the 2024 Report on Business magazine's ranking of Canada's Top Growing Companies.Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth. Lorne Park earned its spot with a three-year growth of 57%. The Company, through its wholly-owned subsidiaries, Bellwether Investment Management...
2024-09-27 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Closing of Private Placement of Non-Convertible Unsecured Debentures
Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Corporation") is pleased to announce it has closed a non-brokered private placement offering (the "Offering") of non-convertible and unsecured debentures of the Corporation (the "Debentures") for aggregate gross proceeds of $3,764,000. The Debentures mature on and become payable on August 15, 2029 and bear interest at a fixed rate of 7.8% per annum. The Debentures are direct,...
2024-08-15 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Results for the Six-Month and Three-Month Periods Ended June 30, 2024
Toronto, Ontario--(Newsfile Corp. - July 30, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the six-month and three-month periods ended June 30, 2024.Revenue for the six-month period ended June 30, 2024 ("YTD 2024") was $17.0 million, an increase of $2.5 million or 17.0%, compared to $14.5 million for the six-month period ended June 30, 2023 ("YTD 2023"). Revenue for the three-month period ended June 30, 2024 ("Q2 2024") was $8.7...
2024-07-30 4:10 PM EDT
Lorne Park Capital Partners Inc. Announces a 14% Increase in Its Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - July 3, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that its Board of Directors has approved the declaration of a cash dividend of $0.008 per common share, payable on July 31, 2024, to the shareholders of record as of July 17, 2024. This represents a 14% increase over the previous quarterly dividend.The dividend payments qualify as eligible dividends for Canadian income tax purposes. The declaration, amount and...
2024-07-03 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Shareholder Meeting Results, the Issuance of Shares Pursuant to Its Employee Share Savings Plan and Option Grants
Toronto, Ontario--(Newsfile Corp. - June 21, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its shareholder meeting results, the issuance of shares pursuant to its Employee Share Savings Plan ("ESSP") and option grants pursuant to its Stock Option Plan.Shareholder Meeting ResultsThe Company is pleased to announce that the shareholders approved all matters put forth for approval at the annual and special shareholders' meeting held on June 21,...
2024-06-21 4:30 PM EDT
Lorne Park Capital Partners Inc. Announces Results for the Three-Month Period Ended March 31, 2024
Toronto, Ontario--(Newsfile Corp. - April 30, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the three-month period ended March 31, 2024.Revenue for the three-month period ended March 31, 2024 ("Q1 2024") was $8.3 million, an increase of $1.1 million or 14.6%, compared to $7.2 million for the three-month period ended March 31, 2023 ("Q1 2023").Assets under management were $3.12 billion on March 31, 2024, compared to $3.01 billion...
2024-04-30 4:10 PM EDT
Lorne Park Capital Partners Inc. Awarded on the Financial Times Americas' Fastest Growing Companies 2024 List
Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("Lorne Park" or the "Company") today announced it has been awarded on the Financial Times list of The Americas' Fastest Growing Companies 2024. This prestigious award is presented by the Financial Times and Statistica Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on April 4, 2024, and can be viewed on the FT.com website.The Americas'...
2024-04-04 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - April 2, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that its Board of Directors has approved the declaration of a cash dividend of $0.007 per common share, payable on April 30, 2024, to the shareholders of record as of April 16, 2024.The dividend payments qualify as eligible dividends for Canadian income tax purposes. The declaration, amount and payment of future cash dividends are subject to the Board of Directors'...
2024-04-02 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces the Appointment of a Vice President of Corporate Development for Bellwether Investment Management Inc.
Toronto, Ontario--(Newsfile Corp. - March 11, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced the appointment of a Vice President of Corporate Development for its wholly owned subsidiary Bellwether Investment Management Inc. ("Bellwether").LPCP is pleased to announce the appointment of Georges Nasr to Vice President of Corporate Development at its wholly owned subsidiary Bellwether. Mr. Nasr holds an MBA joint degree from Kellogg School of...
2024-03-11 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Results for the Fourth Quarter and Year Ended December 31, 2023
Toronto, Ontario--(Newsfile Corp. - February 22, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the quarter ending December 31, 2023 ("Q4 2023") and for the year ending December 31, 2023 ("FY 2023").Revenue for FY 2023 was $29.4 million, an increase of $2.8 million or 10.7%, compared to $26.6 million for the year ended December 31, 2022 ("FY 2022"). Revenue for Q4 2023 was $7.5 million, an increase of $0.8 million...
2024-02-22 4:10 PM EST
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - January 3, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that its Board of Directors has approved the declaration of a cash dividend of $0.007 per common share, payable on January 31, 2024, to the shareholders of record as of January 17, 2024.The dividend payments qualify as eligible dividends for Canadian income tax purposes. The declaration, amount and payment of future cash dividends are subject to the Board of...
2024-01-03 7:30 AM EST
Lorne Park Capital Partners Inc. Expands Its Operations in the USA by Acquiring Fulcrum Equity Management, LLC
Toronto, Ontario--(Newsfile Corp. - December 18, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that it has, through its wholly-owned subsidiary, Bellwether Investment Management USA, Inc. ("Bellwether USA"), closed an acquisition of 100% of the membership interests of Fulcrum Equity Management, LLC ("Fulcrum"). Fulcrum is a Texas limited liability company, registered with the Securities and Exchange Commission as an investment advisor, and holds...
2023-12-18 7:30 AM EST
Lorne Park Capital Partners Inc. Announces Results for the Nine Month and Three Month Periods Ended September 30, 2023
Toronto, Ontario--(Newsfile Corp. - October 31, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the nine month and three month periods ended September 30, 2023.Revenue for the nine month period ended September 30, 2023 ("YTD 2023") was $21.9 million, an increase of $2.1 million or 10.3%, compared to $19.9 million for the nine month period ended September 30, 2022 ("YTD 2022"). Revenue for the three month period ended September...
2023-10-31 4:15 PM EDT
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - October 4, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that its Board of Directors has approved the declaration of a cash dividend of $0.007 per common share, payable on October 31, 2023, to the shareholders of record as of October 17, 2023.The dividend payments qualify as eligible dividends for Canadian income tax purposes. The declaration, amount and payment of future cash dividends are subject to the Board of...
2023-10-04 11:52 PM EDT
Lorne Park Capital Partners Inc. Announces an Investment of $0.2 Million in a Partnership, and the Issuance of Shares Pursuant to Its Employee Share Savings Plan
Toronto, Ontario--(Newsfile Corp. - September 15, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Corporation") is pleased to announce that it has, through its wholly-owned subsidiary Bellwether Investment Management Inc. ("Bellwether"), made a capital contribution into a partnership, and also announced the issuance of shares pursuant to its Employee Share Savings Plan ("ESSP").Partnership InvestmentBellwether contributed $181,000 to Impact Asset Management LP ("Impact"),...
2023-09-15 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Investment of $3.1 Million in Two Partnerships, and Announces Closing of US$1.0 Million Debentures
Toronto, Ontario--(Newsfile Corp. - July 31, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Corporation") is pleased to announce that it has, through its wholly-owned subsidiary Bellwether Investment Management Inc. ("Bellwether"), made capital contributions into two partnerships, and also announced it has closed an offering of debentures.Partnership InvestmentsBellwether contributed $1,770,000 to Haskings Financial LP ("Haskings Financial"), an Ontario limited...
2023-07-31 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Results for the Six Month and Three Month Periods Ended June 30, 2023
Toronto, Ontario--(Newsfile Corp. - July 25, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the six month and three month periods ended June 30, 2023.Revenue for the six month period ended June 30, 2023 ("YTD 2023") was $14.5 million, an increase of $1.2 million or 9.4%, compared to $13.3 million for the six month period ended June 30, 2022 ("YTD 2022"). Revenue for the three month period ended...
2023-07-25 4:10 PM EDT