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ELYSEE Earns $1,023,604 ($0.04 per Share) During the Three Months Ended June 30, 2025

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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.

Elysee Development Corp. (TSXV: ELC) ha registrato risultati finanziari solidi per il 2掳 trimestre 2025, con un utile netto di $1,023,604 ($0.04 per azione), rispetto a una perdita di $341,799 nel 2掳 trimestre 2024. Nei primi sei mesi la societ脿 ha ottenuto un utile netto di $2,946,468 ($0.10 per azione), un notevole miglioramento rispetto alla perdita registrata nello stesso periodo dell'anno precedente.

Il valore patrimoniale netto (NAV) 猫 salito a $0.53 per azione da $0.42 alla fine del 2024, con disponibilit脿 liquide pari a $2.25 milioni al 30 giugno 2025. Le performance degli investimenti sono state trainate da plusvalenze realizzate per $382,503 e da utili non realizzati per circa $900,000 su titoli negoziabili. Diverse societ脿 del portafoglio hanno ricevuto offerte di acquisizione, tra cui Lumina Gold, Calibre Mining e Golden Ocean Group.

Elysee Development Corp. (TSXV: ELC) present贸 s贸lidos resultados financieros en el 2T 2025, con un ingreso neto de $1,023,604 ($0.04 por acci贸n), frente a una p茅rdida de $341,799 en el 2T 2024. En los seis primeros meses la compa帽铆a registr贸 un ingreso neto de $2,946,468 ($0.10 por acci贸n), una mejora significativa respecto a la p茅rdida del mismo per铆odo del a帽o anterior.

El valor neto de los activos (NAV) aument贸 a $0.53 por acci贸n desde $0.42 al cierre de 2024, con efectivo disponible de $2.25 millones al 30 de junio de 2025. El rendimiento de las inversiones estuvo impulsado por ganancias realizadas de $382,503 y ganancias no realizadas de aproximadamente $900,000 en valores negociables. Varias empresas de la cartera recibieron ofertas de adquisici贸n, entre ellas Lumina Gold, Calibre Mining y Golden Ocean Group.

Elysee Development Corp. (TSXV: ELC)電� 2025雲� 2攵勱赴 臧曧暅 鞛 靹标臣毳� 氚滍憸頄堨姷雼堧嫟. 靾滌澊鞚奠潃 $1,023,604 (欤茧嫻 $0.04)搿�, 2024雲� 2攵勱赴鞚� $341,799 靻愳嫟鞐愳劀 韥矊 臧滌劆霅橃棃鞀惦媹雼�. 靸侂皹旮� 雸勱硠搿滊姅 $2,946,468 (欤茧嫻 $0.10)鞚� 靾滌澊鞚奠潉 旮半頃� 鞝勲厔 霃欔赴 靻愳嫟鞐愳劀 韥矊 臧滌劆霅� 氇姷鞚� 氤挫榾鞀惦媹雼�.

須岇偓鞚� 靾滌瀽靷瓣皜旃�(NAV)電� 2024雲� 毵愳潣 $0.42鞐愳劀 $0.53 欤茧嫻鞙茧 靸侅姽頄堨溂氅�, 2025雲� 6鞗� 30鞚� 旮办 順勱笀 氤挫湢鞎§潃 225毵� 雼煬($2.25 million)鞓鞀惦媹雼�. 韴瀽 靹标臣電� $382,503鞚� 鞁ろ槃 鞚挫澋瓿� 鞙犼皜歃濌秾鞐愳劀 氚滌儩頃� 鞎� $900,000鞚� 氙胳嫟順� 鞚挫澋鞐� 鞚橅暣 瓴澑霅橃棃鞀惦媹雼�. 韽姼韽措Μ鞓� 雮� 鞐煬 旮办梾鞚� 鞚胳垬 鞝滌晥鞚� 氚涭晿鞙茧┌, 鞐赴鞐愲姅 Lumina Gold, Calibre Mining 氚� Golden Ocean Group鞚� 韽暔霅╇媹雼�.

Elysee Development Corp. (TSXV: ELC) a publi茅 de solides r茅sultats financiers pour le T2 2025, avec un b茅n茅fice net de $1,023,604 ($0.04 par action), contre une perte de $341,799 au T2 2024. Sur six mois, la soci茅t茅 a r茅alis茅 un b茅n茅fice net de $2,946,468 ($0.10 par action), une nette am茅lioration par rapport 脿 la perte de la m锚me p茅riode l'an dernier.

La valeur nette d'inventaire (VNI/NAV) de la soci茅t茅 est pass茅e 脿 $0.53 par action contre $0.42 脿 la fin de 2024, avec une tr茅sorerie de $2.25 millions au 30 juin 2025. La performance des investissements a 茅t茅 soutenue par des gains r茅alis茅s de $382,503 et des gains non r茅alis茅s d'environ $900,000 sur des titres n茅gociables. Plusieurs soci茅t茅s du portefeuille ont re莽u des offres de rachat, notamment Lumina Gold, Calibre Mining et Golden Ocean Group.

Elysee Development Corp. (TSXV: ELC) meldete starke Finanzergebnisse f眉r Q2 2025 mit einem Nettogewinn von $1,023,604 ($0.04 je Aktie), gegen眉ber einem Verlust von $341,799 im Q2 2024. Das Halbjahresergebnis weist einen Nettogewinn von $2,946,468 ($0.10 je Aktie) aus, eine deutliche Verbesserung gegen眉ber dem Verlust im gleichen Zeitraum des Vorjahres.

Der Nettoinventarwert (NAV) des Unternehmens stieg auf $0.53 je Aktie von $0.42 Ende 2024, bei liquiden Mitteln in H枚he von $2.25 Millionen zum 30. Juni 2025. Die Investmentperformance wurde durch realisierte Gewinne von $382,503 und unrealisierte Gewinne von rund $900,000 auf handelbare Wertpapiere getragen. Mehrere Portfoliounternehmen erhielten 脺bernahmeangebote, darunter Lumina Gold, Calibre Mining und Golden Ocean Group.

Positive
  • Net income increased to $1,023,604 in Q2 2025 from a loss in Q2 2024
  • NAV per share grew significantly to $0.53 from $0.42 in six months
  • Strong cash position of $2.25 million, increasing to $3 million post-quarter
  • Portfolio companies receiving multiple takeover offers, indicating strong M&A activity
  • AG真人官方ized gains of $382,503 and unrealized profits of $900,000 on marketable securities
Negative
  • Unrealized loss of $133,321 on other investments due to U.S. dollar decline
  • Copper prices significantly lower in the USA

Vancouver, British Columbia--(Newsfile Corp. - August 12, 2025) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) (the "Company") is pleased to announce its unaudited financial results for the six and three months ended June 30, 2025 ("Q2 2025"). All dollar amounts are in Canadian funds.

Highlights from the Q2 2025 results include:

  • Net income of $1,023,604 ($0.04 per share) in Q2 2025 as compared to a loss of $341,799 ($0.01 per share) in Q2 2024;
  • Net income of $2,946,468 ($0.10 per share) during the six month period ended June 30,2025 as compared to a loss of a net loss of $63,363 ($0.00 per share) during the same six month period a year earlier.
  • Net Asset Value per share increased to $0.53 per share as of June 30, 2025 from $0.42 per share on December 31, 2024; and
  • Cash on hand as of June 30, 2025 of $2,250,761.

Q2 was another good quarter for Elysee with net investment earnings of $1,195,572 and net income of $1,023,604. The Company realized a gain of $382,503 on its portfolio of marketable securities while unrealized profits were approximately $900,000. The unrealized loss on other investments of $133,321 was mainly due to an adjustment of the value of our investment in U.S. Vanadium LLC, mostly as a result of the decline in the U.S. dollar during the quarter.

During the six months ended June 30, 2025, Elysee's recorded net investment earnings of $3,320,311 with a realized gain on securities of $862,053, interest and dividend income of $107,688, and an unrealized gain on marketable securities of $2,483,146, offset by an unrealized loss on other investments of $133,321 and general and administrative expenses of $373,843 resulting in net income of $2,946,468 for the first six months of 2025 or $0.10 per share.

Guido Cloetens, President and CEO of Elysee Development Corp., made the following statement:

"In Q2, we saw the continuation of a trend that started at the beginning of 2025. Strong gold and silver prices are supporting rising share prices of mining companies and profitable senior producers in particular.

"Several of our investee companies received take-over offers in recent months including Lumina Gold Corp, Calibre Mining Corp, Golden Ocean Group Ltd. and others. We expect that this M&A activity will continue in the coming months.

"Despite significantly lower copper prices in the USA and a consolidating gold price, Q3 is off to a strong start."

Elysee's net asset value ("NAV")* increased to $0.53 per share compared to $0.42 on December 31, 2024.

The increase was due to higher share prices of the companies we invested in.

On June 30, 2025, our cash position was $2.25 million. Our current cash position is approximately $3 million. This is the result of profit taking across the portfolio, with the Company realizing gains by reducing its positions in Almonty Industries Inc., Dundee Precious Metals Inc., Agnico Eagle Mines Ltd., Hudbay Minerals Inc, and others.

On February 23, 2025, Calibre Mining received an initial merger proposal from Equinox Gold. Equinox subsequently increased its bid on April 24 to 0.35 shares of Equinox for every share of Calibre Mining, with shareholders of both companies approving the merger on May 1, 2025. On completion, Equinox Gold became the third largest equity investment of Elysee after US Vanadium and Arizona Sonoran Copper Company.

The most significant investments on June 30, 2025 were U.S. Vanadium LLC (privately held), Arizona Sonoran Copper Company Inc., Equinox Gold Corp., Agnico Eagle Mines Limited, Wesdome Gold Mines Limited and OceanaGold Corporation.

During the three months ended June 30, 2025, the Company purchased 38,500 of its shares at a total cost of $11,805 pursuant to a Normal Course Issuer Bid. There were 28,283,113 shares outstanding at the end of the period.

For more information on these investments and others made during the period, please refer to the MD&A dated August 11, 2025 on SEDAR+ or on our website at .

* NAV is a non-GAAP (generally accepted accounting principles) measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. For the purpose of this calculation, share purchase warrants held by Elysee were valued using the Black-Scholes model calculation, as reported in our annual and quarterly financial statements. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP measure presented in Elysee's financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that NAV can provide information useful to its shareholders in understanding its performance and may assist in the evaluation of its business relative to that of its peers.

The Financial Statements and Management Discussion and Analysis are available for viewing on SEDAR+ and at .

FOR FURTHER IN FORMATION, PLEASE CONTACT:

Guido Cloetens
President and CEO
Elysee Development Corp.
Tel: (778) 373-1562          E-mail: [email protected]

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

FAQ

What was Elysee Development Corp's (TSXV: ELC) earnings per share in Q2 2025?

Elysee reported earnings of $0.04 per share in Q2 2025, with a total net income of $1,023,604.

How much did Elysee's Net Asset Value (NAV) increase in the first half of 2025?

Elysee's NAV increased to $0.53 per share as of June 30, 2025, up from $0.42 per share on December 31, 2024.

What were Elysee's major investment holdings as of June 30, 2025?

Elysee's most significant investments included U.S. Vanadium LLC, Arizona Sonoran Copper Company Inc., Equinox Gold Corp., Agnico Eagle Mines Limited, Wesdome Gold Mines Limited, and OceanaGold Corporation.

How much cash did Elysee Development Corp have on hand at the end of Q2 2025?

Elysee had $2.25 million in cash as of June 30, 2025, which increased to approximately $3 million post-quarter due to profit-taking across the portfolio.

What was the total investment earnings for Elysee in Q2 2025?

Elysee reported net investment earnings of $1,195,572 in Q2 2025, including realized gains of $382,503 and unrealized profits of approximately $900,000 on marketable securities.
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