ELYSEE Declares a Dividend of One Cent ($0.01) per Share

Current management has returned over $7.3 million to shareholders through dividends and share buybacks since its July 2012 appointment.

Rhea-AI Summary

Elysee Development (ASXSF) has declared a cash dividend of $0.01 per common share, payable on December 14, 2026. Shareholders of record on November 30, 2026 qualify; the payment is an eligible dividend for Canadian income tax purposes.

The dividend follows payments of $0.02 on April 8, 2026 and $0.01 per share on November 10, 2025. Net shareholders equity increased from $5.6 million when current management was appointed in July 2012 to $22.8 million as of September 30, 2026.

3 points · 0 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

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0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointNet shareholders equity increased from $5.6 million in July 2012 to $22.8 million as of September 30, 2026.
• Minor point. Forward-looking: it has not happened yet and may not happen.Declared dividend returns $0.01 per common share to shareholders on December 14, 2026.
• Minor pointOver $7.3 million returned through dividends and share buybacks since current management's July 2012 appointment.

Negative

• None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Vancouver, British Columbia--(Newsfile Corp. - November 12, 2026) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) is pleased to announce that the board of directors has declared a cash dividend of one cent ($0.01) per common share.

This dividend is to be paid on December 14, 2026 to shareholders of record on November 30, 2026 and is an eligible dividend for Canadian income tax purposes.

This dividend follows a $0.02 cash dividend paid on April 8, 2026 and $0.01 per share paid on November 10, 2025 as part of our ongoing commitment to returning money to shareholders whenever our financial performance permits. Since its appointment in July 2012, Elysee's current management has returned over $7.3 million to shareholders through dividends and share buybacks while increasing net shareholders equity from $5.6 million to $22.8 million as of September 30, 2026.

For more information on Elysee Development Corp., please visit our web site at www.elyseedevelopment.com

FOR FURTHER INFORMATION, PLEASE CONTACT:

Guido Cloetens President and CEO Elysee Development Corp. Tel: (604) 997-8011

E-mail: info@elyseedevelopment.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/323604

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Elysee Development's dividend and when will it be paid?

Elysee Development will pay $0.01 per common share on December 14, 2026 to shareholders of record on November 30, 2026. The payment is an eligible dividend for Canadian income tax purposes.