Elysee Development Corp. wishes to announce its audited financial results for the three months and year ended December 31, 2022 "FY 2022"). All dollar amounts are in Canadian funds unless otherwise noted. Highlights of Q4 2022 and Fiscal 2022 results include: Net income of $1,538,116 in Q4 2022 as compared to $48,782 per share) in Q4 2021; Net loss [...]
Elysee Development Corp. 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 , Stuart Rogers, Martin [...]
Elysee Development Corp. wishes to announce its unaudited financial results for the three months 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 [...]
Elysee Development Corp. wishes to announce its unaudited financial results for the three months 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 [...]
Elysee Development Corp. 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 [...]
Elysee Development Corp. announces today its intention to make a normal course issuer 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 [...]
Elysee Development Corp. is pleased to announce its unaudited financial results for the three months ended March 31, 2022 . All dollar amounts are in Canadian funds. Highlights from the Q1 2022 results include: Net income of $728,479 in Q1 2022 as compared to net income of $53,271 in Q1 2021; Total investment income of $836,818 in Q1 2022 as [...]
Elysee Development Corp. is pleased to announce its audited financial results for the year ended December 31, 2021 . All dollar amounts are in Canadian funds. Highlights of Fiscal 2021 results include: Net income of $37,659 in FY 2021 as compared to $4,018,643 in FY 2020; Net investment income of $545,774 in FY 2021 as compared to $4,797,053 in FY [...]
Elysee Development Corp. is pleased to announce that the board of directors have authorized a dividend for the fiscal year ending December 31, 2021 of two cents 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 [...]
Elysee Development Corp. wishes to announce its unaudited financial results for the three months 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 [...]
Elysee Development Corp. is pleased to provide an update on exciting new developments at U.S. Vanadium LLC , 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 ; the [...]
Elysee Development Corp. is pleased to announce its unaudited financial results for the three and six months ended June 30, 2021 . All dollar amounts are in Canadian funds. Highlights from the Q2 2021 results include: Net earnings of $2,049,529 in Q2 2021 as compared to earnings of $53,271 in Q1 2021. Net investment income of $2,140,237 in Q2 2021 [...]
