Lorne Park Capital Partners Inc. Announces Results for the First Quarter 2022 and Announces an Update to a Previously Announced Acquisition
Toronto, Ontario--(Newsfile Corp. - April 27, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the quarter ending March 31, 2022 ("Q1 2022") and also announced an update to a previously announced acquisition.Results for the Quarter Ending March 31, 2022Revenue for Q1 2022 was $6.6 million, an increase of $1.3 million or 26%, compared to $5.3 million for the quarter ending March 31, 2021 ("Q1 2021").As previously announced, assets...
2022-04-27 4:10 PM EDT
Lorne Park Capital Partners Inc. Ranked Number 1 Financial Services Company in Canada on The Financial Times List of The Americas' Fastest Growing Companies 2022
Toronto, Ontario--(Newsfile Corp. - April 19, 2022) - 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 2022. The award is presented by FT and Statistica Inc., the world-leading statistics portal and industry ranking provider. Lorne Park was ranked number 199 overall and ranked first of the Canadian companies in the financial services...
2022-04-19 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces a 20% Increase in Its Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - April 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 April 29, 2022 to the shareholders of record as of April 19, 2022. This represents a 20% increase over previous quarterly dividends."When we introduced a dividend policy in 2021, it was with the goal of increasing our dividend over...
2022-04-05 7:30 AM EDT
Lorne Park Capital Partners Inc. Announces Bellwether Investment Management Inc. Has Surpassed $2 Billion in Assets Under Management
Toronto, Ontario--(Newsfile Corp. - April 4, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced that its wholly owned subsidiary Bellwether Investment Management Inc. ("Bellwether") has surpassed $2 billion in assets under management ("AUM")."We are excited to reach this major milestone of $2 billion in assets under management," said Robert Sewell, President and CEO. "This achievement is a testament to our team's dedication to outstanding client...
2022-04-04 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 3, 2022) - 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 72,215 common shares of LPCP to eligible employees at a price of $0.93, for aggregate proceeds of $67,160....
2022-03-03 4:12 PM EST
Lorne Park Capital Partners Inc. Announces Record Results for the Fourth Quarter and Full Year Ended December 31, 2021
Toronto, Ontario--(Newsfile Corp. - February 24, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the quarter ending December 31, 2021 ("Q4 2021") and for the year ending December 31, 2021 ("FY 2021").Revenue for Q4 2021 was $8.4 million, an increase of $3.3 million or 66%, compared to $5.0 million for the quarter ending December 31, 2020 ("Q4 2020"). Revenue for FY 2021 was $25.2 million, an increase of $6.4...
2022-02-24 5:23 PM EST
Lorne Park Capital Partners Inc. Announces Preliminary Unaudited Results for the Fourth Quarter and Full Year Ended December 31, 2021, Announces the Appointment of Two Vice President and Portfolio Managers for Bellwether Investment Management Inc., and Announces the Triggering of an Earn Out Payment Pursuant to the Previous Acquisition of a Book of Business
Toronto, Ontario--(Newsfile Corp. - February 4, 2022) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced preliminary revenue and Adjusted EBITDA1 estimates for the quarter ending December 31, 2021 ("Q4 2021") and for the year ending December 31, 2021 ("FY 2021"), announced the appointment of two Vice President and Portfolio Managers for its wholly owned subsidiary Bellwether Investment Management Inc. ("Bellwether"), and announced the triggering of an...
2022-02-04 7:30 AM EST
Lorne Park Capital Partners Inc. Acquires W.H. Shutt & Associates Inc.
Toronto, Ontario--(Newsfile Corp. - February 4, 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"), agreed to the principal terms of an agreement to enter a share purchase agreement ("SPA") to purchase the outstanding securities of W.H. Shutt & Associates Inc. ("WHS"), an Ontario corporation that holds approximately $145 million in assets under management,...
2022-02-04 7:30 AM EST
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - January 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 $0.005 per common share, payable on January 31, 2022 to the shareholders of record as of January 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...
2022-01-04 9:07 AM EST
Lorne Park Capital Partners Inc. Announces Issuance of Shares Pursuant to Employee Share Savings Plan
Toronto, Ontario--(Newsfile Corp. - November 3, 2021) - 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 90,779 common shares of LPCP to eligible employees at a price of $0.71. Of these common shares, 29,044 were issued to certain directors and officers of the Company. The Employee Share Savings Plan was approved by shareholders in the special general meeting...
2021-11-03 4:30 PM EDT
Lorne Park Capital Partners Inc. Invests $1.9 Million in LVTV Financial LP
Toronto, Ontario--(Newsfile Corp. - November 1, 2021) - 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 $1,900,000 (the "Capital Contribution") to LVTV Financial LP (the "LP"), an Ontario limited partnership, governed pursuant to a limited partnership agreement dated March 29, 2019 (the "Limited Partnership Agreement").The LP has...
2021-11-01 8:30 AM EDT
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - October 1, 2021) - 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 $0.005 per common share, payable on October 29, 2021 to the shareholders of record as of October 15, 2021. 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...
2021-10-01 8:30 AM EDT
Lorne Park Capital Partners Inc. Announces Appointment of New Chief Operating Officer for Bellwether Investment Management Inc.
Toronto, Ontario--(Newsfile Corp. - September 7, 2021) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce the appointment of Ms. Julianna Varpalotai-Xavier, as Chief Operating Officer of its wholly owned subsidiary Bellwether Investment Management Inc. ("Bellwether") effective September 7, 2021. Ms. Varpalotai-Xavier replaces Ms. Susan Schulze, who resigned from that role effective September 7, 2021.Ms. Varpalotai-Xavier is a CPA, CA, has an MBA from the University...
2021-09-07 9:43 AM EDT
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - July 2, 2021) - 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 $0.005 per common share, payable on July 30, 2021 to the shareholders of record as of July 16, 2021. 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...
2021-07-02 8:30 AM EDT
Lorne Park Capital Partners Inc. Announces Option Grants
Toronto, Ontario--(Newsfile Corp. - April 6, 2021) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") announced that it has granted 325,000 aggregate incentive stock options to various employees, officers and directors of the Corporation, under its Stock Option Plan. The options are exercisable at $0.75 per common share and expire on April 6, 2031. About Lorne Park Capital Partners Inc.LPCP was created to bring together boutique investment management and wealth advisory...
2021-04-06 9:45 AM EDT
Lorne Park Capital Partners Inc. Announces Quarterly Dividend
Toronto, Ontario--(Newsfile Corp. - March 30, 2021) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") is pleased to announce that its Board of Directors has approved the initiation of quarterly cash dividends to its shareholders and the declaration of the first cash dividend in the Company's history. The dividend of $0.005 per common share is payable on April 27, 2021 to the shareholders of record as of April 13, 2021. LPCP was created to bring together boutique investment...
2021-03-30 6:01 PM EDT
Lorne Park Capital Partners Inc. Invests $3.5 Million in Kingston Road Financial LP
Toronto, Ontario--(Newsfile Corp. - November 30, 2020) - 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 $3,500,000 (the "Capital Contribution") to Kingston Road Financial LP (the "LP"), an Ontario limited partnership, governed pursuant to a limited partnership agreement dated July 3, 2018 (the "Limited Partnership Agreement").The...
2020-11-30 4:36 PM EST
Lorne Park Capital Partners Inc. Announces Option Grants
Toronto, Ontario--(Newsfile Corp. - March 31, 2020) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") announced that it has granted 895,000 aggregate incentive stock options to various employees, officers and directors of the Corporation, under its Stock Option Plan. The options are exercisable at $0.60 per common share and expire on March 31, 2030. About Lorne Park Capital Partners Inc.LPCP was created to bring together boutique investment management and wealth...
2020-03-31 7:00 AM EDT
Lorne Park Capital Partners Inc. Confirms Change of Auditor
Toronto, Ontario--(Newsfile Corp. - November 8, 2019) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP") confirms that it has changed auditors from BDO Canada LLP ("BDO") to MNP LLP ("MNP"), effective October 28, 2019. MNP was appointed as the successor auditor at LPCP's annual and special meeting of shareholders held on June 27, 2019. In accordance with National Instrument 51‐102 ("NI 51‐102"), LPCP has filed a Change of Auditor Notice on SEDAR together with letters from both BDO...
2019-11-08 3:42 PM EST
Lorne Park Capital Partners Inc. Invests $1.1 Million in 20170718 Financial LP
Toronto, Ontario--(Newsfile Corp. - October 31, 2019) - 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 $1,065,840 (the "LP Capital Contribution") to 20170718 Financial LP (the "LP"), an Ontario limited partnership, governed pursuant to a limited partnership agreement dated July 18, 2017 (the "Limited Partnership Agreement").The LP...
2019-10-31 8:23 AM EDT