Welcome to our dedicated page for Elysee Developme news (Ticker: ASXSF), a resource for investors and traders seeking the latest updates and insights on Elysee Developme stock.
Elysee Development Corp. (ASXSF, TSXV: ELC, FSE: QLDN) is an investment company whose news flow centers on portfolio performance, capital allocation decisions and developments at its investee companies in the natural resources sector. Its public updates highlight how movements in precious metals and base metals markets, as well as corporate events at holdings such as gold and copper miners, influence its net investment income and net asset value (NAV) per share.
On this news page, readers can follow Elysee’s announcements on quarterly and annual financial results, including realized and unrealized gains or losses on securities, interest and dividend income, and changes in NAV. The company’s releases often discuss shifts in portfolio composition, noting significant investments in issuers such as U.S. Vanadium LLC, Arizona Sonoran Copper Company Inc., Equinox Gold Corp., Wesdome Gold Mines Limited, Agnico Eagle Mines Limited, Hudbay Minerals Inc., OceanaGold Corporation, Calibre Mining Corp. and others over various periods.
Elysee’s news also covers corporate actions and financing activities. Examples include the issuance and later amendment of 8% unsecured convertible debentures, the decision to prepay a large portion of the outstanding principal, and the launch and renewal of normal course issuer bids to repurchase common shares. The company has additionally reported on special dividends and grants of equity-based incentives such as restricted share units and stock options.
Because Elysee invests heavily in resource-focused issuers, its updates frequently reference merger and acquisition activity affecting its holdings, as well as operational events at portfolio companies that have a material impact on valuations. Investors and observers can use this news feed to track how Elysee responds to changing market conditions, manages its portfolio and capital structure, and communicates the impact of these decisions on shareholders.
Elysee Development Corp (ASXSF) prepaid and redeemed most of its 8% unsecured convertible debentures on December 16, 2025, paying $2,106,250 (including accrued interest) to settle debentures with an aggregate principal of $1,685,000. Remaining debentures outstanding are $265,000. The company expects reduced potential dilution from conversions and lower annual interest expense going forward, offset by a one-time cash charge of $421,250 recorded in the current period. Elysee's cash balance after the redemption is approximately $5 million.
Corporate updates: Probe Gold received a takeover offer at a 39% premium, and Solgold agreed to be taken over by Jiangxi Copper for about US$1.12 billion (≈28 GB pence per share). Elysee also granted 250,000 incentive stock options exercisable at $0.50 with immediate vesting.
Elysee Development Corp (OTC:ASXSF) announced board-approved amendments to its issued 8% unsecured convertible debentures originally issued June 14, 2024 and due June 14, 2028.
Key changes: the earliest prepayment date is moved forward from June 14, 2027 to December 1, 2025, and the prepayment multiplier is increased from 1.02 to 1.25 (repayment = 125% of principal plus accrued interest). Debentures convert into 5,131,578 common shares at $0.38 per share. Amendments require TSX Venture Exchange approval and debentureholder consent (voluntary, acceptance open until December 1, 2025, 1:00 p.m. Vancouver time).
Elysee Development Corp. (ASXSF) reported unaudited results for Q3 2025 with net income of $5,370,391 ($0.19/share) and nine‑month net income of $8,316,859 ($0.29/share). NAV rose to $0.72/share from $0.42 at year start (about +70%). Cash was $5.03M on September 30, 2025 and exceeded $6.8M ($0.24/share) as of October 31, 2025. Q3 net investment income was $5,534,321 driven by realized gains of $978,903 and unrealized profits of $4,525,671. The company holds ~36% in precious metals miners and named major positions include Probe Gold and Agnico Eagle. Elysee declared a $0.01/share dividend payable November 21, 2025 (record November 10, 2025).
Elysee Development Corp (ASXSF / TSXV: ELC / FSE: QLDN) declared a special cash dividend of $0.01 per common share. The dividend is payable on November 21, 2025 to shareholders of record on November 10, 2025 and is an eligible dividend for Canadian income tax purposes.
The company said recent strong performance enables the cash return and expects to finalize and file interim financial statements for the quarter ended September 30, 2025 in early November 2025. Contact details and a website link were provided for more information.
Elysee Development Corp. (TSXV: ELC) reported strong financial results for Q2 2025, with net income of $1,023,604 ($0.04 per share), compared to a loss of $341,799 in Q2 2024. The company's six-month performance showed net income of $2,946,468 ($0.10 per share), a significant improvement from a loss in the same period last year.
The company's Net Asset Value (NAV) increased to $0.53 per share from $0.42 at the end of 2024, with cash on hand of $2.25 million as of June 30, 2025. Investment performance was driven by realized gains of $382,503 and unrealized profits of approximately $900,000 on marketable securities. Several portfolio companies received takeover offers, including Lumina Gold, Calibre Mining, and Golden Ocean Group.
Elysee Development Corp (TSXV: ELC) has announced a new normal course issuer bid (NCIB) to purchase and cancel up to 1,411,751 common shares, representing approximately 4.99% of outstanding shares and 6.40% of the public float. The buyback program will run from May 13, 2025 to May 12, 2026, replacing the current NCIB expiring May 12, 2025. Research Capital Corporation will conduct the purchases at prevailing market prices through the TSX Venture Exchange.
During the previous 12 months, Elysee purchased 130,000 shares at a weighted average price of $0.2827 per share. Management believes the current share price undervalues the company and expects the buyback to benefit remaining shareholders by increasing their proportionate ownership while improving share liquidity.
Elysee Development Corp reported net earnings of $652,227 ($0.02 per share) for FY 2024, compared to a net loss of $4,034,438 in FY 2023. The company's Net Asset Value (NAV) increased to $0.42 per share from $0.39, with cash on hand of $1,532,977 as of December 31, 2024.
Total investment income reached $1,260,642 in FY 2024, reversing from a loss of $3,497,002 in FY 2023. The company recovered $475,783 from BakerSci related to a convertible promissory note. General expenses increased to $608,415, primarily due to $112,869 in interest from $2 million convertible debentures issued in June 2024.
As of March 21, 2025, the company's NAV improved to approximately $0.48 per share, with portfolio value increasing by over 17% since January 2025. Major holdings include investments in Arizona Sonoran Copper, Dundee Precious Metals, and Agnico-Eagle Mines. The company maintains $1.8 million in cash and cash equivalents.
Elysee Development Corp reported strong Q3 2024 financial results with net income of $963,981 ($0.03 per share), compared to a loss of $1,400,850 in Q3 2023. Total investment income reached $1,119,668, with NAV increasing to $0.43 per share from $0.39 at year-end 2023. Cash position strengthened to $1,961,829, up from $849,798. The improved performance was driven by strong gold prices benefiting senior producers in their portfolio. The company experienced a realized loss from Victoria Gold Corp due to a heap leach pad failure, but made partial recovery of its BakerSci Corp investment.
Elysee Development Corp. (TSXV: ELC) announced its unaudited financial results for Q2 2024. The company reported net investment earnings of $163,709 for the six months ended June 30, 2024, compared to a loss of $223,818 in the same period last year. However, after expenses, Elysee incurred a net loss of $63,363 ($0.00 per share) for the period.
The company's Net Asset Value as of June 30, 2024, was $0.40 per share, with cash on hand exceeding $2.3 million. Elysee's portfolio was impacted by Victoria Gold's stock price collapse, resulting in a $350,000 unrealized loss. The company also wrote down two private equity investments and wrote off accrued interest, totaling $685,450 in losses, offset by $800,514 in unrealized gains.
Elysee raised $2 Million through a convertible debenture and received a partial repayment from BakerSci Corp. The company's largest investment, Arizona Sonoran Copper Company, announced a positive PEA for its Cactus project.