CALGARY, AB, Feb. 8, 2021 /CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX: GDC), is pleased to report that it has entered into a binding agreement to acquire approximately 157 acres of future residential development land (the “Land”) in the Belvedere community in the City of Calgary. Genesis has paid a non-refundable deposit of $2.18 million,… [Read More]

CALGARY, AB, Dec. 9, 2020 /CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX: GDC), announces that its Board of Directors has declared an unconditional special cash dividend of $0.15 per common share, or $6.28 million in aggregate, payable on January 11, 2021 to shareholders of record on December 23, 2020. Eligible Dividend DesignationPursuant to subsection 89(14) of… [Read More]

CALGARY, AB, Nov. 5, 2020 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q3”) and nine months ended September 30, 2020 (“YTD”). Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), owning and developing… [Read More]

CALGARY, AB, Oct. 7, 2020 /CNW/ – Genesis Land Development Corp. (the “Company” or “Genesis”) (TSX: GDC) is pleased to announce that the Toronto Stock Exchange (TSX) has accepted a notice filed by Genesis to renew its Normal Course Issuer Bid (“Bid”) for a one year period. The Bid will commence on October 13, 2020 and… [Read More]

CALGARY, AB, July 30, 2020­ /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q2”) and six months ended June 30, 2020 (“YTD”). Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), owning and developing a… [Read More]

CALGARY, May 13, 2020 /CNW/ – Genesis Land Development Corp. (“Genesis”) is pleased to report that at its annual meeting of shareholders held on May 13, 2020 that each of the nominees proposed by management as a director of Genesis were elected as directors. The detailed results of the vote by ballot are as follows: Nominee… [Read More]

CALGARY, May 5, 2020­ /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months ended March 31, 2020 (“Q1 2020”). Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), owning and developing a portfolio of well-located,… [Read More]

CALGARY, March 6, 2020 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q4”) and year ended (“YE”) December 31, 2019. Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), owning and developing a portfolio… [Read More]

CALGARY, Nov. 6, 2019­ /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q3”) and nine months (“YTD”) ended September 30, 2019. Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), holding and developing a significant… [Read More]

CALGARY, Oct. 17, 2019 /CNW/ – Genesis Land Development Corp. (“Genesis“) is pleased to announce the completion of purchase of the $20.5 million vendor take-back mortgage (“VTB“) from Limited Partnership Land Pool (2007) (“LPLP” or the “Partnership“) for $22.02 million. The VTB bears interest at a rate of 6.5% per annum, payable in arrears in December… [Read More]

CALGARY, Oct. 8, 2019 /CNW/ – Genesis Land Development Corp. (the “Company” or “Genesis”) (TSX:GDC) is pleased to announce that the Toronto Stock Exchange (TSX) has accepted a notice filed by Genesis to renew its Normal Course Issuer Bid (“Bid”) for a one year period. The Bid will commence on October 10, 2019 and will terminate… [Read More]

CALGARY, Sept. 30, 2019 /CNW/ – Genesis Land Development Corp. (“Genesis”) is pleased to report that the previously announced acquisition of approximately 130 developable acres of future residential development land (the “Land”) in north Calgary has closed. The purchase price of $23.7 million was paid for with a cash payment at closing of $5.1 million, which was… [Read More]