Elysee Declares $0.02 Dividend, Holds $6.7M Cash After $1.7M Debenture Redemption
Elysee declared a $0.02 per share dividend payable April 8 to shareholders of record on March 27, leaving cash of $6.7 million (24 cents per share) on hand. Hudbay’s acquisition of Arizona Sonoran Copper at a 30% premium drives gains in Elysee’s portfolio after takeovers of Calibre Mining and MAG Silver.
1. Dividend Declaration and Record Dates
The board declared a cash dividend of two cents per share to be paid on April 8, 2026, to shareholders of record as of March 27, 2026. This dividend is eligible for Canadian income tax purposes.
2. Portfolio Gains and Hudbay Acquisition
Hudbay Minerals plans to acquire Arizona Sonoran Copper at a 30% premium to its last trading price, augmenting Elysee’s largest equity holding and contributing to recent gains following prior takeovers of Calibre Mining, Solgold, MAG Silver and Probe Gold.
3. Liquidity and Debenture Redemption
In December 2025 the company redeemed $1.7 million of its convertible debentures, reducing outstanding debt to $265,000. Elysee now holds approximately $6.7 million in cash, equivalent to about 24 cents per share.
4. Upcoming Audited Financial Statements
Elysee expects to finalize and file its audited annual financial statements for the year ended December 31, 2025 in April 2026, which will provide a comprehensive view of its fiscal performance and financial position.