Elysee Development Corp.

Vancouver, British Columbia--(Newsfile Corp. - May 6, 2024) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) is pleased to announce its unaudited financial results for the three months ended March 31, 2024 ("Q1 2024"). All dollar amounts are in Canadian funds. Highlights from the Q1 2024 results include:Net income of $278,436 ($0.01 per share) in Q1 2024 as compared to $574,676 ($0.02 per share) in Q1 2023;Total investment income of $394.915 in Q1 2024 as compared to $715,735 in Q1 2023; Net Asset Value per share increased to $0.40 per share as of March 31, 2024, compared to a NAV of $0.39...

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Elysee Development Corp. (TSXV: ELC) (the "Company") announces today its intention to make a normal course issuer bid (the "Bid") to purchase for cancellation, from time to time, as it considers advisable, up to 1,418,238 of its issued and outstanding common shares, being approximately 4.99% of the Company's currently outstanding common shares and approximately 6.39% of the Company's Public Float being 22,197,613 (as that term is defined in the policies of the TSX Venture Exchange (the "Exchange"). The Bid will commence on May 13,...

Vancouver, British Columbia--(Newsfile Corp. - May 27, 2024) - Elysee Development Corp. (TSXV: ELC) (the "Company") is pleased to announce a non-brokered private placement of convertible debentures (the "Convertible Debentures") for proceeds of up to $2,000,000 (the "Private Placement"). The Convertible Debentures will mature on the date that is 48 months from the date of issuance (the "Maturity Date") and bear interest at 8% per annum, payable quarterly with the first payment being for the period from closing to September 30, 2024. At the option of the holder, the principal amount of the Conv...