|Bid||0.250 x 0|
|Ask||0.255 x 0|
|Day's Range||0.245 - 0.260|
|52 Week Range||0.125 - 1.190|
|PE Ratio (TTM)||2.41|
|Forward Dividend & Yield||0.01 (1.87%)|
|1y Target Est||N/A|
Quinsam Capital Corporation (“Quinsam” or the “Company”) (CSE:QCA) is pleased to announce the that it intends to proceed with a normal course issuer bid to purchase up to 5,928,951 of its common shares (the “Bid”). The Company is commencing the Bid because it believes that the current market price of its common shares may not fully reflect the underlying value of the Company’s business and future prospects. The Company believes that the repurchase of its common shares for cancellation is in the best interests of its shareholders because the Bid will increase the respective proportionate shareholdings and equity interests of all remaining shareholders.
Quinsam Capital Corporation (“Quinsam” or the “Company”) (CSE:QCA) is pleased to announce the declaration of its sixteenth quarterly dividend. The Board of Directors of Quinsam has approved the Company’s sixteenth consecutive quarterly dividend. The dividend is $0.00125 per share ($0.005 per share per year). The distribution will be paid on August 20, 2018 to shareholders of record on August 1, 2018. This dividend will not be designated as an "eligible dividend" for Canadian income tax purposes. Quinsam is a merchant bank based in Canada that is focusing on cannabis-related investments. Our merchant banking business may encompass a range of activities including acquisitions, advisory services, lending activities and portfolio investments.
Quinsam Capital Corporation (CSE:QCA) (“Quinsam” or the “Company”) today refiled its management’s discussion and analysis (the “Revised MD&A”) for the three-month period ended March 31, 2018. The refiling was made in connection with a continuous disclosure review by the Ontario Securities Commission (the “OSC”) to conform to the guidance provided in Staff Notice 51-352 (Revised) Issuers with U.S. Marijuana-Related Activities published by the Canadian Securities Administrators on February 8, 2018. The Revised MD&A was refiled at the request of the OSC to, among other things, provide more prominent and comprehensive disclosure as to the Company’s involvement in any marijuana-related activities in the United States, and its relationship with investee entities from the cannabis sector in its portfolio investment, including the type of investment, the Company’s percentage ownership interest in the investee, the significance of each investee, the jurisdictions the investee operates in, and the nature of the Company and each investees’ involvement/operations in the marijuana industry in each jurisdiction in which it operates.
Quinsam Capital Corporation (CSE:QCA) ("Quinsam" or the "Company") is pleased to provide its investors with an update on recent investments and performance. The following provides an update on certain key investments.
Quinsam Capital Corporation (CSE:QCA) (“Quinsam” or the “Company”) is pleased to announce the strongest quarterly results in the Company’s history. The company announced net income of $4.9 million ($0.05 per share) in Q1/2018 versus $nil ($0.00 per share) in Q1/2017, which represents an extremely strong return on the Company’s assets. “Calculating our percentage return for the quarter remains difficult because we closed an equity financing during the period” said Roger Dent, CEO of Quinsam.