Elysee Development Corp.

Elysee Development Corp. announces that it provided notice to the holders of its 8% unsecured convertible debentures that it would prepay its obligations under the Debentures on December 16, 2025. As such, the Company has proceeded with such prepayment and paid an aggregate of $2,106,250 plus accrued interest to such holders, settling Debentures with an aggregate principal amount of $1,685,000. As of today, the amount [...]

Elysee Development Corp. is pleased to announce that its board of directors has approved an amendment to its issued and outstanding 8% unsecured convertible debentures originally issued pursuant to a non-brokered private placement on June 14, 2024, convertible into 5,131,578 common shares of the Company at a conversion price of $0.38 per Common Share and due by June 14, 2028 . The amendments to the Debentures are set [...]

Elysee Development Corp. is pleased to announce its unaudited financial results for the nine and three months ended September 30, 2025 . All dollar amounts are in Canadian funds. Financial highlights for the period ending on September 30, 2025 include: Increase in Net Asset Value * to $0.72 per share from $0.53 on June 30, 2025; Net income of $5,370,391 in Q3 2025; Net income of $8,316,859 for the nine month period ended [...]

Elysee Development Corp. is pleased to announce that the Company's strong recent performance enables it to return cash to its shareholders and, in this regard, the board of directors has declared a special dividend of one cent per common share on the company's common shares. This dividend is to be paid on November 21, 2025 to shareholders of record on November 10, 2025 and is an eligible dividend for Canadian income tax [...]

Elysee Development Corp. is pleased to announce its unaudited financial results for the six and three months ended June 30, 2025 . All dollar amounts are in Canadian funds. Highlights from the Q2 2025 results include: Net income of $1,023,604 in Q2 2025 as compared to a loss of $341,799 in Q2 2024; Net income of $2,946,468 during the six month period ended June 30,2025 as compared to a loss of a net loss of $63,363 during [...]

Elysee Development Corp. is pleased to announce its unaudited financial results for the three months ended March 31, 2025 . All dollar amounts are in Canadian funds. Highlights from the Q1 2025 results include: Net income of $1,922,864 in Q1 2025 as compared to $278,436 in Q1 2024; Total investment income of $2,124,739 in Q1 2025 as compared to $394,915 in Q1 2024; Net Asset Value per share increased to $0.49 per share as [...]

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 1,411,751 of its issued and outstanding common shares, being approximately 4.99% of the Company's currently outstanding common shares and approximately 6.40% of 22,063,613, representing the Company's Public Float . The Bid will commence on May 13, 2025 [...]

Elysee Development Corp. wishes to announce its audited financial results for the year ended December 31, 2024 . All dollar amounts are in Canadian funds unless otherwise noted. Highlights of Fiscal 2024 results include: Net earnings of $ 652,227 in FY 2024 as compared to a net loss of $4,034,438 during the year ended December 31, 2023 , Net Asset Value as of December 31, 2024 of $0.42 per share, an increase from $0.39 [...]

Elysee Development Corp. is pleased to announce its unaudited financial results for the three and nine months ended September 30, 2024 . All dollar amounts are in Canadian funds. Highlights from the Q3 2024 results include: Net income for Q3 2024 of $963,981 as compared to a net loss of $1,400,850 per share of $0.43 per share as of September 30, 2024 as compared to NAV of $0.39 as of December 31, 2023; and Cash on hand as [...]

Elysee Development Corp. is pleased to announce its unaudited financial results for the three and six months ended June 30, 2024 . All dollar amounts are in Canadian funds. During the six months ended June 30, 2024, the Company had net investment earnings of $163,709 compared to a loss of $223,818 during the same six-month period a year prior. After deducting general and administrative expenses of $227,072 the Company [...]