Welcome to our dedicated page for ELYSEE DEVELOPMENT news (Ticker: ASXSF), a resource for investors and traders seeking the latest updates and insights on ELYSEE DEVELOPMENT stock.
Elysee Development Corp. reports developments tied to its investment portfolio, net asset value, and capital-management actions. Company updates commonly cover financial results, portfolio gains and losses, cash levels, and investment exposure across precious-metals miners, other metals companies, energy-related companies, private companies, and cash equivalents.
Recurring news also includes dividends, normal course issuer bids, convertible debenture amendments or redemptions, stock-option grants, and portfolio activity influenced by mining-sector transactions. The company’s disclosures emphasize NAV per share, realized gains, shareholder distributions, and changes to potential dilution and interest expense from its debt securities.
Elysee Development (TSXV: ELC, OTC: ASXSF) reported a Q2 2026 net loss of $665,865 ($0.02 per share), versus net earnings of $1,023,604 ($0.04 per share) in Q2 2025, reflecting weaker metals markets and unrealized losses on marketable securities. For the six months ended June 30, 2026, the company recorded net earnings of $1,264,376 ($0.04 per share), down from $2,946,468 in the prior-year period, driven by lower net investment earnings.
Net asset value (NAV) per share increased to $0.78 at June 30, 2026 from $0.76 at December 31, 2025 and $0.42 at December 31, 2024, with cash on hand of $4,774,853. Operating costs declined, as total expenses fell to $139,604 in Q2 2026 and interest expense dropped to $6,957 following early redemption of convertible debentures in Q4 2025.
During the first half, Elysee realized $3,971,104 in gains on securities, generated $150,680 in interest and dividend income, and recorded $7,297,524 of sale proceeds, of which $6,655,362 was reinvested. The company also made pre-IPO investments in Probe Metals and Greyridge Exploration and repurchased 86,000 shares under its normal course issuer bid.
Elysee Development (OTCQB:ASXSF) reported unaudited Q1 2026 net income of $1,930,241, or $0.07 per share, similar to Q1 2025. Total investment income was $2,087,775. A quarterly dividend of $0.02 per share was paid.
NAV per share rose to $0.81 on March 31, 2026 from $0.76 on December 31, 2025, while cash increased to $6,584,108. Elysee realized $2,557,292 in gains on marketable securities and recorded an unrealized loss of $543,120. Interest expense fell to $7,019 from $50,956 a year earlier.
Elysee Development Corp (ASXSF) announced a normal course issuer bid to repurchase for cancellation up to 1,409,518 common shares, equal to approximately 4.99% of issued shares and about 6.41% of its 21,980,359 public float. The Bid runs from May 13, 2026 to May 12, 2027 unless completed earlier.
Purchases will be made on the TSXV open market through Research Capital Corporation at prevailing market prices, funded from existing working capital. The Bid replaces a program expiring May 12, 2026; the company bought 223,500 shares in the prior 12 months at a weighted average price of $0.4648.
Elysee Development Corp (ASXSF) reported audited FY2025 results with NAV of $21,486,984 ($0.76/share), an 80% increase from $0.42 per share a year earlier. The company recorded net income of $9,750,354 ($0.34/share) for the year and $5,115,658 cash on hand at December 31, 2025.
The company reduced potential dilution via early redemption of $1,685,000 of 8% convertible debentures (one-time premium charge of $546,696), paid dividends in November 2025 and April 2026, and granted 159,000 RSUs on April 13, 2026.
Elysee Development Corp (ASXSF) declared a cash dividend of $0.02 per share, payable April 8, 2026 to shareholders of record March 27, 2026, eligible for Canadian tax purposes.
The company reports a cash position of approximately $6.7 million (about $0.24 per share), redeemed $1.7 million of convertible debentures in December 2025 leaving $265,000 outstanding, and expects to file audited 2025 financial statements in April 2026.
Recent portfolio gains were driven by M&A activity, including an announced Hudbay intention to acquire Arizona Sonoran at a 30% premium.
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.