Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - July 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 July 31, 2023, to the shareholders of record as of July 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 Directors'...
2023-07-04 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Acquisition Facility, and Announces Shareholder Meeting Results
Toronto, Ontario--(Newsfile Corp. - June 26, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced an acquisition facility, and also announced its shareholder meeting results. Acquisition FacilityBellwether Investment Management Inc. ("Bellwether"), a wholly-owned subsidiary of the Company, has entered into a loan agreement (the "Acquisition Facility") with CWB Maxium Financial Inc. ("CWB Maxium"). The Company intends to use available proceeds for...
2023-06-26 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Results for the First Quarter Ended March 31, 2023
Toronto, Ontario--(Newsfile Corp. - April 25, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the quarter ended March 31, 2023 ("Q1 2023").Revenue for Q1 2023 was $7.2 million, an increase of $0.6 million or 8.7%, compared to $6.6 million for the quarter ended March 31, 2022 ("Q1 2022").Assets under management was $2.77 billion on March 31, 2023, compared to $2.58 billion on December 31, 2022 and to $2.06 billion on...
2023-04-25 4:10 PM EDT
Lorne Park Capital Partners Inc. Announces a 17% Increase in Its Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - April 3, 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 April 28, 2023, to the shareholders of record as of April 14, 2023. This represents a 17% increase over previous quarterly dividends.The dividend payments qualify as eligible dividends for Canadian income tax purposes. The declaration, amount and...
2023-04-03 7:30 AM EDT
Lorne Park Capital Partners Inc. Ranked in Top 20 in Fintech, Financial Services and Insurance Sector on the Financial Times List of the Americas' Fastest Growing Companies 2023
Toronto, Ontario--(Newsfile Corp. - March 29, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("Lorne Park" or the "Company") today announced it has been recognized as part of The Financial Times ("FT") list of The Americas' Fastest Growing Companies 2023. The award is presented by FT and Statistica Inc., the world-leading statistics portal and industry ranking provider. Lorne Park was ranked number 283 overall and ranked 20 in the fintech, financial services and insurance sector.The...
2023-03-29 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces the Issuance of Shares Pursuant to Its Employee Share Savings Plan and Announces Option Grants
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced the issuance of shares pursuant to its Employee Share Savings Plan ("ESSP") and announced option grants pursuant to its Stock Option Plan.Issuance of Shares Pursuant to ESSPLPCP announced that pursuant to its ESSP, the Company has issued a total of 94,193 common shares of LPCP to eligible employees at a price of $1.30, for aggregate proceeds of $122,451....
2023-03-01 4:30 PM EST
Lorne Park Capital Partners Inc. Announces Results for The Fourth Quarter and Year Ended December 31, 2022 and Announces a Change in Officers and Directors of Its Wholly-Owned Subsidiaries
Toronto, Ontario--(Newsfile Corp. - February 23, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the quarter ending December 31, 2022 ("Q4 2022") and for the year ending December 31, 2022 ("FY 2022"), and announced a change in the officers and directors of its wholly-owned subsidiaries.Results for Q4 2022 and FY 2022Revenue for FY 2022 was $26.6 million, an increase of $1.4 million or 5.6%, compared to $25.2 million for the...
2023-02-23 4:45 PM EST
Lorne Park Capital Partners Inc. Recognized as a Top 10 Ranked Company in the Diversified Industries Sector by the TSX Venture 50 for 2023
Toronto, Ontario--(Newsfile Corp. - February 21, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("Lorne Park" or the "Company") is pleased to announce that it has been named as one of the top performers on the TSX Venture Exchange (the "TSXV" or "the Exchange").The 2023 TSX Venture 50TM celebrates the strongest performances on the TSXV over the last year. Comprised of 10 companies from each of five industry sectors, the ranking recognizes the strongest performance on the Exchange...
2023-02-21 7:35 AM EST
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - January 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 $0.006 per common share, payable on January 31, 2023, to the shareholders of record as of January 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...
2023-01-04 7:30 AM EST
Lorne Park Capital Partners Inc. Expands Its Operations into the USA by Acquiring a Controlling Interest in Promus Asset Management, LLC
Toronto, Ontario--(Newsfile Corp. - January 3, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that it has, through a newly established, wholly-owned subsidiary, Bellwether Investment Management USA, Inc. ("Bellwether USA"), closed an acquisition of 80% of the membership interests of Promus Asset Management, LLC ("Promus"). Promus is a Texas limited liability company, registered with the Securities and Exchange Commission as an investment advisor, and...
2023-01-03 7:30 AM EST
Lorne Park Capital Partners Inc. Announces Results for the Nine Month and Three Month Periods Ended September 30, 2022
Toronto, Ontario--(Newsfile Corp. - October 25, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the nine month and three month periods ending September 30, 2022.Revenue for the nine month period ended September 30, 2022 ("YTD 2022") was $19.9 million, an increase of $3.1 million or 18.4%, compared to $16.8 million for the nine month period ended September 30, 2021 ("YTD 2021"). Revenue for the three month period ended September...
2022-10-25 4:10 PM EDT
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - October 4, 2022) - 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 $0.006 per common share, payable on October 31, 2022, to the shareholders of record as of October 18, 2022.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...
2022-10-04 7:30 AM EDT
Lorne Park Capital Partners Inc. Places No. 242 on the Globe and Mail's Fourth-Annual Ranking of Canada's Top Growing Companies
Toronto, Ontario--(Newsfile Corp. - September 26, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("Lorne Park" or the "Company") is pleased to announce it placed No. 242 on the 2022 Report on Business 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 158%. The Company, through its wholly-owned subsidiary, Bellwether Investment Management Inc....
2022-09-26 9:33 AM EDT
Lorne Park Capital Partners Inc. Closes Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - August 10, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that it has closed a non-brokered private placement (the "Placement") offering of 415,000 common shares ("Shares") at a price of $1.45 per Share for the aggregate principal amount of $601,750.It is expected that the proceeds of the Placement will be used for working capital and general corporate purposes. Shares issued pursuant to the Placement are subject to a...
2022-08-10 4:10 PM EDT
Lorne Park Capital Partners Inc. Announces Issuance of Shares Pursuant to Its Employee Share Savings Plan
Toronto, Ontario--(Newsfile Corp. - July 28, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") today announced that, pursuant to the terms and conditions of the Company's Employee Share Savings Plan, it has issued a total of 71,876 common shares of LPCP to eligible employees at a price of $1.20. Of these common shares, 25,616 were issued to certain directors and officers of the Company. About Lorne Park Capital Partners Inc. LPCP was created to bring together...
2022-07-28 4:10 PM EDT
Lorne Park Capital Partners Inc. Announces Results For the Six Month and Three Month Periods Ended June 30, 2022, and Announces Shareholder Meeting Results
Toronto, Ontario--(Newsfile Corp. - July 26, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the six month and three month periods ending June 30, 2022 and also announced its shareholder meeting results.Results for the Six Month and Three Month Periods Ending June 30, 2022Revenue for the six month period ended June 30, 2022 ("YTD 2022") was $13.3 million, an increase of $2.4 million or 21.6%, compared to $10.9 million for...
2022-07-26 4:10 PM EDT
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - July 5, 2022) - 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 $0.006 per common share, payable on July 29, 2022, to the shareholders of record as of July 19, 2022.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'...
2022-07-05 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Closing of Private Placement of Non-Convertible Unsecured Debentures
Toronto, Ontario--(Newsfile Corp. - June 15, 2022) - 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 $2,939,000. The Debentures mature on and become payable on June 15, 2027 and bear interest at a fixed rate of 7% per annum. The Debentures are direct,...
2022-06-15 7:30 AM EDT
Lorne Park Capital Partners Inc. Invests $1.36 Million in Infinite Wealth LP
Toronto, Ontario--(Newsfile Corp. - May 31, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that it has, through its wholly-owned subsidiary Bellwether Investment Management Inc. ("Bellwether"), made a capital contribution of $1,360,222 (the "Capital Contribution") to Infinite Wealth LP (the "LP"), an Ontario limited partnership, governed pursuant to a limited partnership agreement dated November 21, 2018 (the "Limited Partnership Agreement").The LP has...
2022-05-31 7:30 AM EDT
Lorne Park Capital Partners Inc. Invests $2.4 Million in Two Partnerships
Toronto, Ontario--(Newsfile Corp. - May 2, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that it has, through its wholly-owned subsidiary Bellwether Investment Management Inc. ("Bellwether"), made capital contributions into two partnerships.Bellwether contributed $1,570,000 to Fife Bay Financial LP ("Fife Bay"), an Ontario limited partnership, governed pursuant to a limited partnership agreement dated January 18, 2019. Fife Bay has $120 million in assets...
2022-05-02 7:30 AM EDT