CA Market News
1月前
Pinetree Capital Announces Unaudited Financial Results for the Period Ended March 31, 2026April 30, 2026 5:55 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / April 30, 2026 / Pinetree Capital Ltd. (TSX:PNP) ("Pinetree" or the "Company") today announced its financial results for the three months ended March 31, 2026. All financial information provided in this press release is unaudited and all figures are in $'000 except per share amounts and shares outstanding.Unaudited financial results for the period ended March 31, 2026The following information should be read in conjunction with our annual audited Consolidated Financial Statements, prepared in accordance with International Financial Reporting Standards ("IFRS") and our annual Management Discussion and Analysis for the year ended December 31, 2025, which can be found on SEDAR+ at www.sedarplus.com.Selected Financial Information As at March 31, 2026 As at December 31, 2025 Total assets $ 70,509 $ 89,394 Total liabilities 1,925 1,808 Book Value 68,584 87,586 Shares outstanding 9,387,000 9,387,000 Book Value per share (BVPS) $ 7.31 $ 9.33 Shares
Outstanding Equity
$000's Book Value per share (BVPS)1
$ Quarterly Expenses
$000's Expenses as a percentage of BV1
% Mar-31-26 9,387,000 68,584 7.31 526 0.8 Dec-31-25 9,387,000 87,586 9.33 347 0.4 Sep-30-25 9,387,000 88,674 9.45 497 0.5 Jun-30-25 9,387,000 86,691 9.24 367 0.4 Mar-31-25 9,387,000 88,375 9.41 429 0.5 Dec-31-24 9,387,000 77,699 8.28 423 0.5 Sep-30-24 9,387,000 60,339 6.43 178 0.3 Jun-30-24 9,387,000 55,515 5.91 159 0.3 1 Refer to "Use of Non-IFRS Financial Measures"Shares Outstanding and Equity amounts are as at the Quarter End date. Expense amounts are for the Three months ending the Quarter End dateAs at March 31, 2026, Pinetree's equity was $68,584 which compares to $87,586 as at December 31, 2025. This resulted in Pinetree's BVPS decreasing from $9.33 as at December 31, 2025 to $7.31 as at March 31, 2026. The change represents an decrease of $2.02 or 22%. Since the end of the quarter, one of the Company's largest investments has received a takeover offer at a significant premium which has resulted in a meaningful increase in BVPS as of the date of this report.Expenses for the twelve months ended March 31, 2026 were $1,737 which corresponds to 2.5% of book value as at March 31, 2025. This compares to expenses of $1,189 for the twelve months ended March 31, 2025 which corresponds to 1.3% of book value as at March 31, 2025. Included in expenses are foreign exchange fluctuations resulting from cash balances held in currencies other than Canadian dollars. Three months endedMarch 31, 2026 2025 Net investment gains (losses) $ (19,400) $ 11,068 Other income 924 41 Total expenses (526) (429)Income tax expense - (4)Income (loss) for the period (19,002) 10,676 Earnings (loss) per share - basic & fully diluted (2.02) 1.14 The net investment losses for the three months ended March 31, 2026 were $19,400 (three months ended March 31, 2025 - gains of $11,068) as a result of net realized losses on investments and the net change in unrealized gains and losses.For the three months ended March 31, 2026, other income totaled $924 as compared to other income of $41 for the three months ended March 31, 2025. Other income is comprised of dividend and interest income of $923 and $1, respectively (three months ended March 31, 2025 - dividend and interest income of $26 and $15, respectively).Forward Looking StatementsCertain statements herein may be "forward looking" statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Pinetree or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Pinetree assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.Non-IFRS Measures, Non-GAAP MeasuresBVPS (book value per share) is a non-IFRS (international financial reporting standards) measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term BVPS does not have any standardized meaning according to IFRS and therefore may not be comparable to similar measures presented by other companies. There is no comparable IFRS measure presented in Pinetree's consolidated financial statements and thus no applicable quantitative reconciliation for such non-IFRS financial measure. The Company has calculated BVPS consistently for many years and believes that BVPS can provide information useful to its shareholders in understanding its performance and may assist in the evaluation of its business relative to that of its peers.About Pinetree Capital Ltd.Pinetree is a value-oriented investment and merchant banking company focused on the technology sector. Pinetree's common shares are listed on the TSX under the symbol "PNP".For further information:John Bouffard
Chief Financial Officer
416-941-9600 x 200
jbouffard@pinetreecapital.comSOURCE: Pinetree Capital Ltd.View the original press release on ACCESS NewswireOriginal: Pinetree Capital Announces Unaudited Financial Results for the Period Ended March 31, 2026
CA Market News
3月前
Upcoming Meeting Dates - March 23, 2026March 23, 2026 12:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 23, 2026) - The following is a list of Upcoming Meeting Dates announced this week for Reporting Issuers in Canada. The data is supplied by Issuing Companies through the service of CDS Clearing and Depository Services Inc.CompanyRecord DateMeeting DateType Aecon Group Inc April 9, 2026June 1, 2026AG Argyle Resources Corp. April 7, 2026May 12, 2026AS B2Gold Corp. *April 13, 2026June 4, 2026AGS Ballard Power Systems Inc. April 6, 2026June 3, 2026A Big Rock Brewery Inc. April 10, 2026May 20, 2026A Black Pearl Resources Corp. March 18, 2026April 9, 2026S CATHEDRA BITCOIN INC. March 25, 2026May 15, 2026S COSCIENS Biopharma Inc. %March 3, 2026April 7, 2026S CULT Food Science Corp. %February 19, 2026April 6, 2026AS Cambria Gold Mines Inc April 10, 2026May 27, 2026AGS Canso Select OpportunitiesCorpApril 7, 2026May 26, 2026A CareRx Corporation April 8, 2026May 28, 2026AG Cascades Inc. March 25, 2026May 8, 2026AG AGF China Focus Class April 2, 2026May 14, 2026S Centaurus Energy Inc. April 10, 2026May 25, 2026A Cloud3 Ventures Inc. *March 4, 2026April 16, 2026S DATA Communications ManagementApril 6, 2026May 21, 2026AGS DiagnosTear Technologies Inc. *March 16, 2026May 7, 2026A Dream Impact Trust April 10, 2026June 3, 2026AG Dream Industrial REIT April 10, 2026June 3, 2026AS Dream Office REIT April 10, 2026June 3, 2026AG Dream Unlimited Corp. April 10, 2026June 3, 2026AG Endeavour Silver Corp April 10, 2026June 2, 2026AG Euromax Resources Ltd April 15, 2026May 22, 2026AG Everybody Loves Languages Corp*January 27, 2026March 26, 2026AGS NCM Core international April 2, 2026May 15, 2026S Canadian Net REIT April 6, 2026May 26, 2026A GRANDE PORTAGE RESOURECES INC April 10, 2026May 15, 2026A Gold Strike Resources Inc. March 24, 2026April 30, 2026S Granite REIT April 9, 2026June 4, 2026A MTY Food Group Inc April 7, 2026May 20, 2026AG Highwood Asset Management Ltd.April 6, 2026May 21, 2026AS INTL Tower Hill Mines Ltd April 8, 2026May 27, 2026AG KITS Eyecare Ltd. April 16, 2026June 3, 2026AG Kaymus Resources Inc. April 10, 2026May 22, 2026AGS LI-FT POWER LTD April 7, 2026May 15, 2026A Dorel Industries Inc. April 7, 2026May 20, 2026AG LunR Royalties Corp. April 7, 2026May 21, 2026AGS Luxxfolio Holdings Inc. April 7, 2026May 12, 2026A MARIMED INC. April 10, 2026June 4, 2026A Mercer Park Opportunities Corp*February 27, 2026April 14, 2026S MineHub Technologies Inc. April 10, 2026May 25, 2026A Morien Resources Corp April 8, 2026May 13, 2026AGS Norse Gold Corp April 7, 2026May 13, 2026AS Northland Power Inc. April 6, 2026May 20, 2026AG Osisko Metals Incorporated April 7, 2026May 28, 2026A P2 Gold Inc. April 9, 2026May 27, 2026AS Parkit Enterprise Inc. April 8, 2026May 21, 2026AGS Perpetua Resources Corp. April 8, 2026June 4, 2026AG PesoRama Inc. April 6, 2026May 7, 2026AS Petrus Resources Ltd. April 6, 2026May 21, 2026A Pinetree Capital Ltd. April 8, 2026May 28, 2026A NCM Global Eq Balanced PortfolioApril 2, 2026May 15, 2026S NCM Global Inc Bal Portfolio April 2, 2026May 15, 2026S Profound Medical Corp. April 2, 2026May 13, 2026AGS Purepoint Uranium Group Inc. April 15, 2026June 4, 2026AS Rua Gold Inc. April 8, 2026May 28, 2026AGS SAVANNA CAPITAL CORP. April 13, 2026May 21, 2026AGS STLLR GOLD INC April 9, 2026May 27, 2026A Saturn Oil & Gas Inc. April 6, 2026May 21, 2026AS Seabridge Gold Inc. March 30, 2026May 22, 2026S Sierra Madre Gold and Silver Ltd.March 24, 2026April 28, 2026S Stampede Drilling Inc. April 7, 2026May 14, 2026A StorageVault Canada Inc. April 7, 2026May 21, 2026AG Swiss Water Decaffeinated CoffeeApril 13, 2026May 21, 2026AGS TSODILO RESOURCES LIMITED April 17, 2026May 29, 2026AG TerrAscend Corp. April 13, 2026June 9, 2026A The Westaim Corporation April 9, 2026May 19, 2026AGS Tidewater Midstream And InfrastructureApril 6, 2026May 26, 2026AG Tidewater Renewables Ltd. April 6, 2026May 26, 2026AG Tincorp Metals Inc. April 1, 2026May 5, 2026AS Trojan Gold Inc. April 6, 2026May 11, 2026AS Valory Resources Inc. April 13, 2026June 2, 2026AG Ventripoint Diagnostics Ltd April 8, 2026May 27, 2026AS Vireo Growth Inc. April 7, 2026May 29, 2026AS Vox Royalty Corp. April 10, 2026May 27, 2026AS Legend:* = Change in Previously Reported Information
% = Cancelled Meeting
@ = Adjourned MeetingType of MeetingA = Annual Meeting
S = Special Meeting
G = General Meeting
B = Bondholder Meeting
C = Court Meeting For more information, please visit https://www.cds.ca/ To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289185
Original: Upcoming Meeting Dates - March 23, 2026
CA Market News
3月前
Pinetree Capital Ltd Announces Audited Financial Results for the Year Ended December 31, 2025 and Director AppointmentMarch 4, 2026 5:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / March 4, 2026 / Pinetree Capital Ltd. (TSX:PNP) ("Pinetree" or the "Company") today announced its financial results for the year ended December 31, 2025. All figures provided in this press release are in $000's except per share amounts and shares outstanding.Financial results for the three months and year ended December 31, 2025The following information should be read in conjunction with our annual audited Consolidated Financial Statements, prepared in accordance with International Financial Reporting Standards ("IFRS") and our annual Management Discussion and Analysis for the year ended December 31, 2025, which can be found on SEDAR+ at www.sedarplus.ca.Selected Financial Information As at December 31, 2025 As at December 31, 2024 Total assets $89,394 $78,270 Total liabilities 1,808 571 Book Value 87,586 77,699 Shares outstanding 9,387,000 9,387,000 Book Value per share (BVPS) $9.33 $8.28 Shares Outstanding Equity Book Value per share (BVPS)1 Quarterly Expenses Expenses as a percentage of BV1 $000's $ $000's Dec-31-25 9,387,000 87,586 9.33 347 0.4 Sep-30-25 9,387,000 88,674 9.45 497 0.5 Jun-30-25 9,387,000 86,691 9.24 367 0.4 Mar-31-25 9,387,000 88,375 9.41 429 0.5 Dec-31-24 9,387,000 77,699 8.28 423 0.5 Sep-30-24 9,387,000 60,339 6.43 178 0.3 Jun-30-24 9,387,000 55,515 5.91 159 0.3 Mar-31-24 9,387,000 56,485 6.02 179 0.3 1 Refer to "Use of Non-IFRS Financial Measures"Shares Outstanding and Equity amounts are as at the Quarter End date. Expense amounts are for the Three months ending the Quarter End dateAs at December 31, 2025, Pinetree's equity was $87,586 which compares to $77,699 as at December 31, 2024. This resulted in Pinetree's BVPS increasing from $8.28 as at December 31, 2024 to $9.33 as at December 31, 2025. The change represents an increase of $1.05 or 13%.Compared to the prior period, Pinetree's BVPS has declined approximately 1%. Since the end of the period, the software and technology sector has continued to face headwinds and the value of several of Pinetree's investments has continued to decline.Expenses for the twelve months ended December 31, 2025 were $1,640 which corresponds to 1.9% of equity as at December 31, 2025. This compares to expenses of $939 for the twelve months ended December 31, 2024 which corresponds to 1.2% of equity as at December 31, 2024. Included in expenses are foreign exchange fluctuations resulting from cash balances held in currencies other than Canadian Dollars. Three months endedDecember 31, Year ended December 31, 2025 2024 2025 2024 Net investment gains (losses) (523) 17,788 10,415 32,892 Other income 77 25 1,734 411 Total expenses (642) (453) (2,262) (976)Net income (loss) (1,088) 17,360 9,887 32,327 Earnings per share -basic & fully diluted (0.12) 1.85 1.05 3.45 The net investment losses for the three months ended December 31, 2025 were $523 (three months ended December 31, 2024 - gains of $17,788) as a result of net realized gains on investments and the net change in unrealized gains.For the three months ended December 31, 2025, other income totalled $77 (three months ended December 31, 2024 - $25). Other income is comprised of dividend income of $68 and interest income of $9 (three months ended December 31, 2024 - interest income of $10 and dividend income of $15).Director AppointmentPinetree is pleased to announce the appointment of Henry Rachfalowski to the board of directors. Mr. Rachfalowski worked at Metropolitan Life, Canada Life and Manulife for a total of more than 30 years focusing on a mix of fixed income and equity investments, retiring in 2023. He also spent 5 years at OMERS overseeing private debt and equity investments from 1992 to 1997. Henry holds both an LLB and MBA from the University of Western Ontario.Forward Looking StatementsCertain statements herein may be "forward looking" statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Pinetree or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Pinetree assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.Non-IFRS Measures, Non-GAAP MeasuresBVPS (book value per share) is a non-IFRS (international financial reporting standards) measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term BVPS does not have any standardized meaning according to IFRS and therefore may not be comparable to similar measures presented by other companies. There is no comparable IFRS measure presented in Pinetree's consolidated financial statements and thus no applicable quantitative reconciliation for such non-IFRS financial measure. The Company has calculated BVPS consistently for many years and believes that BVPS can provide information useful to its shareholders in understanding its performance and may assist in the evaluation of its business relative to that of its peers.About Pinetree Capital Ltd.Pinetree is a value-oriented investment and merchant banking company focused on the technology sector. Pinetree's common shares are listed on the TSX under the symbol "PNP".For further information:John Bouffard
Chief Financial Officer
416-941-9600 x 200
jbouffard@pinetreecapital.com
www.pinetreecapital.comSOURCE: Pinetree Capital Ltd.View the original press release on ACCESS NewswireOriginal: Pinetree Capital Ltd Announces Audited Financial Results for the Year Ended December 31, 2025 and Director Appointment