CALGARY, Aug. 11, 2017 /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 (“H1”) ended June 30, 2017. SUMMARY The second quarter of 2017 (“Q2 2017”) was strong with net earnings of $4,209,000 ($0.09 per share), an increase of… [Read More]

CALGARY, May 11, 2017 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months ended March 31, 2017.   OPERATING RESULTS Net Earnings Net earnings were $704,000 for Q1 2017 ($0.02 per share) down from $2,110,000 for Q1 2016 ($0.05 per share), primarily due… [Read More]

CALGARY, May 11, 2017 /CNW/ – Genesis Land Development Corp. (TSX:GDC) (the “Corporation”) is pleased to report that at its annual and special meeting of shareholders held on May 11, 2017 that each of the nominees proposed by management as a director of the Corporation were elected as directors of the Corporation. The detailed results… [Read More]

CALGARY, March 21, 2017 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) is pleased to report its financial and operating results for the three months and year ended December 31, 2016.  SUMMARY CORPORATE HIGHLIGHTS Our key financial results and operating data are as follows: Three months endedDecember 31, Year endedDecember 31, ($000s,… [Read More]

CALGARY, March 3, 2017 ­/CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX:GDC) is pleased to announce that it has entered into an unconditional agreement with an arms-length third party for the sale of +/- 1,477 acres of unentitled, undeveloped non-core lands owned by Genesis near the Hamlet of Delacour, Alberta.  The purchase price of the… [Read More]

CALGARY, Nov. 15, 2016 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) announces that its Board of Directors has declared a special cash dividend of $0.25 per common share for a total of approximately $10.9 million payable to shareholders of record on December 9, 2016, and will be paid on December 22,… [Read More]

CALGARY, Nov. 10, 2016­ /CNW/ – SPECIAL CASH DIVIDEND On November 10, 2016, Genesis Land Development Corp.’s (TSX: GDC) (the “Corporation” or “Genesis”) Board of Directors approved the payment of a special cash dividend of $0.25 per common share for a total of approximately $10,900,000 payable in December 2016. THIRD QUARTER RESULTS Genesis is pleased… [Read More]

CALGARY, Sept. 13, 2016­ /CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX:GDC) is pleased to announce that it has entered into a purchase and sale agreement with the City of Calgary for +/- 6.99 acres of serviced lands located in Sage Hill Crossing, Calgary Alberta for $9,436,500 with a closing date of September 30, 2016…. [Read More]

CALGARY, Sept. 7, 2016­ /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 prior Normal Course Issuer Bid which terminates on September 9, 2016, for a one year period. The Bid will commence on… [Read More]

CALGARY, Aug. 11, 2016 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) is pleased to report its financial and operating results for the three and six months ended June 30, 2016.   SUMMARY CORPORATE HIGHLIGHTS Our key financial results and operating data are as follows: Three months ended June 30, Six months… [Read More]

CALGARY, May 12, 2016 /CNW/ – Genesis Land Development Corp. (TSX:GDC) (the “Corporation”) is pleased to report that at its annual and special meeting of shareholders held on May 12, 2016 that each of the nominees proposed by management as a director of the Corporation were elected as directors of the Corporation. The detailed results of… [Read More]

CALGARY, May 12, 2016 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) is pleased to report its financial and operating results for the three months ended March 31, 2016.   SUMMARY CORPORATE HIGHLIGHTS Our key financial results and operating data are as follows: Three months endedMarch 31, ($000s, except for per share… [Read More]