Stocks in play: Elysee Development Corp.

Announced that its unaudited financial statements and management discussion and analysis for the six months ended May 31, 2019 are now available for viewing. During the six months, Elysee had net earnings of $703,064 ($0.03 per share) as compared with net earnings of $999,250 ($0.05 per share) for the six months ended May 31, 2018. The earnings for the current period were primarily the result of realized gains on marketable securities of $528,903, unrealized gains on marketable securities of $273,027 and interest and dividend income of $105,359. As a result of the company's strong financial performance during the first six months of fiscal 2019, the board of directors has decided to declare an interim dividend of one cent ($0.01) per share on the company's common shares. The dividend is to be paid on July 31 to shareholders of record on July 24. Elysee Development Corp. shares V.ELC are trading unchanged at $0.36.