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

Rhea-AI Summary

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.

Positive

• Declared special dividend of $0.01 per share
• Dividend payable on November 21, 2025
• Record date set for November 10, 2025
• Dividend designated as eligible for Canadian income tax purposes
• Company expects Q3 interim financials filed in early November 2025

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) 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 ($0.01) 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 purposes.

The Company expects to finalize and file the Interim Financial Statements for the Third quarter ended September 30, 2025 in early November 2025.

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

FOR FURTHER IN FORMATION, PLEASE CONTACT:

Guido Cloetens
President and CEO
Elysee Development Corp.
Tel: (778) 373-1562         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/271528

FAQ

What dividend did Elysee Development Corp (ASXSF) declare on October 23, 2025?

A special cash dividend of $0.01 per common share was declared on October 23, 2025.

When will Elysee Development Corp (ASXSF) pay the $0.01 special dividend?

The dividend is payable on November 21, 2025 to shareholders of record on November 10, 2025.

Is the Elysee Development Corp (ELC) special dividend taxable as an eligible dividend in Canada?

Yes; the company designated the special dividend as an eligible dividend for Canadian income tax purposes.

What are the record and payment dates for Elysee Development Corp (TSXV: ELC) dividend?

Record date: November 10, 2025. Payment date: November 21, 2025.

Will Elysee Development Corp (QLDN) file interim financials related to the dividend timing?

The company expects to finalize and file interim financial statements for the quarter ended September 30, 2025 in early November 2025.

How can shareholders get more information about Elysee Development Corp's (ASXSF) dividend?

Shareholders can contact the company via the provided phone or email and visit www.elyseedevelopment.com for details.