Elysee Development Corp.: ELYSEE earns $53,271 during the three months ended March 31, 2021
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2021) -
Elysee Development Corp. (TSXV: ELC) is pleased to announce its unaudited financial results for the three months ended March 31, 2021 ("Q1 2021"). All dollar amounts are in Canadian funds.
Highlights from the Q1 2021 results include:
A cash offer of $2.65 per share of Battle North Gold Corporation and cash offer of $2.20 per share of TMAC Resources Inc.;
A realized gain of approximately $543,000 on shares of Nextsource Materials Inc.;
Net income of $53,271 in Q1 2021 as compared to a loss of $4,424,627 in Q1 2020;
Net investment income of $155,255 in Q1 2021 as compared to a loss of $4,315,217 in Q1 2020;