Elysee Development Corp (ASXSF)

[Middleborder]

All; https://elyseedevelopment.com/news/2021/elysee-earns-2-049-529-0.07-per-share-during-the-three-months-ended-june-30-2021/

"August 5, 2021 - Vancouver, B.C. - Elysee Development Corp. (TSX.V: ELC) is pleased to announce its unaudited financial results for the three and six months ended June 30, 2021 (“Q2 2021”). All dollar amounts are in Canadian funds.

Highlights from the Q2 2021 results include:

Net earnings of $2,049,529 ($0.07 per share) in Q2 2021 as compared to earnings of $53,271 in Q1 2021.
Net investment income of $2,140,237 in Q2 2021 versus $151,255 in Q1 2021.
Operating expenses of $90,708 during Q2 2021 as compared to $97,984 in Q1, 2021.
Net Asset Value per share increased from $0.64 as of March 31, 2021 to $0.72 per share as of June 30, 2021.
A cash offer of $2.65 per share by Evolution Mining for Battle North Gold Corp. was completed resulting in a realized gain of $231,678 in Q2 2021.
During the reporting period significant gains were realized on the sale of shares of Lightwave Logic Inc., E79 Resources Corp., Endurance Gold Corp., Nextsource Materials Inc. and Oroco Resource Corp. among others.
In June the Company invested $1,250,000 in an 8% convertible debenture issued by Wildpack Beverage Inc. in addition to the $270,000 invested in units of Wildpack earlier this year". ...Snip

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