Genesis Land Development Corp. (T:GDC*CA)

Business Focus: N/A

Nov 30, 2020 08:42 am ET
Smoothwater Acquires Additional Shares of Genesis
TORONTO, Nov. 30, 2020 /CNW/ - Smoothwater Capital Corporation ("Smoothwater"), the largest shareholder of Genesis Land Development Corp. (TSX: GDC) ("Genesis"), announces that during the period of September 8, 2020 to November 17, 2020 it acquired an aggregate of 426,200 common shares of Genesis (the "Common Shares") on the open market through the facilities of the Toronto Stock Exchange (the "TSX") and NEO Exchange (the "Market Purchases").  These purchases represent approximately 1.02% of the 41,929,335 issued and outstanding Common Shares (the "Outstanding Shares") as at November 5, 2020
Nov 05, 2020 07:46 pm ET
Genesis Reports 2020 Third Quarter Results
CALGARY, AB, Nov. 5, 2020 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q3") and nine months ended September 30, 2020 ("YTD"). Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area ("CMA"), owning and developing a growing portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots in the CMA.
Oct 07, 2020 04:30 pm ET
Genesis Land Development Corp. Announces Renewal of its Normal Course Issuer Bid
CALGARY, AB, Oct. 7, 2020 /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 Normal Course Issuer Bid ("Bid") for a one year period. The Bid will commence on October 13, 2020 and will terminate on the earlier of: (i) October 12, 2021; and (ii) the date on which the maximum number of Genesis common shares ("Common Shares") that may be purchased pursuant to the Bid have been purchased. Purchases of Common Shares under the Bid will be effected through the
Jul 30, 2020 06:53 pm ET
Genesis Reports 2020 Second Quarter Results
CALGARY, AB, July 30, 2020­ /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 ended June 30, 2020 ("YTD"). Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area ("CMA"), owning and developing a portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots in the CMA.
May 13, 2020 04:30 pm ET
Genesis Land Development Corp. Reports Voting Results of Election of Directors
CALGARY, May 13, 2020 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to report that at its annual meeting of shareholders held on May 13, 2020 that each of the nominees proposed by management as a director of Genesis were elected as directors.
May 05, 2020 05:00 pm ET
Genesis Reports 2020 First Quarter Results
CALGARY, May 5, 2020­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ended March 31, 2020 ("Q1 2020"). Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area ("CMA"), owning and developing a portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots in the CMA.
Mar 06, 2020 04:02 pm ET
Genesis Reports 2019 Results
CALGARY, March 6, 2020 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q4") and year ended ("YE") December 31, 2019. Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area ("CMA"), owning and developing a portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots in the CMA.
Nov 06, 2019 06:09 pm ET
Genesis Reports 2019 Third Quarter Results
CALGARY, Nov. 6, 2019­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q3") and nine months ("YTD") ended September 30, 2019. Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area ("CMA"), holding and developing a significant portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots in the CMA.
Oct 17, 2019 06:18 pm ET
Genesis Announces Closing of the Vendor Take-Back Mortgage Purchase from Limited Partnership Land Pool (2007)
CALGARY, Oct. 17, 2019 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to announce the completion of purchase of the $20.5 million vendor take-back mortgage ("VTB") from Limited Partnership Land Pool (2007) ("LPLP" or the "Partnership") for $22.02 million. The VTB bears interest at a rate of 6.5% per annum, payable in arrears in December of each year, with the principal repayable in December 2020.
Oct 07, 2019 06:52 pm ET
Genesis Land Development Corp. Announces Renewal of its Normal Course Issuer Bid
CALGARY, Oct. 8, 2019 /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 Normal Course Issuer Bid ("Bid") for a one year period. The Bid will commence on October 10, 2019 and will terminate on the earlier of: (i) October 9, 2020; and (ii) the date on which the maximum number of Genesis common shares ("Common Shares") that may be purchased pursuant to the Bid have been purchased. Purchases of Common Shares under the Bid will be effected through the facili
Sep 30, 2019 05:00 am ET
Genesis Announces Closing of Residential Development Land in North Calgary for $23.7 Million
CALGARY, Sept. 30, 2019 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to report that the previously announced acquisition of approximately 130 developable acres of future residential development land (the "Land") in north Calgary has closed.
Sep 19, 2019 06:35 pm ET
Aug 29, 2019 06:53 pm ET
Genesis Announces Agreement to Purchase Residential Development Land in North Calgary for $23.7 Million
CALGARY, Aug. 29, 2019 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to report that it has entered into a firm purchase and sale agreement relating to the previously announced acquisition of approximately 130 developable acres of future residential development land (the "Land") in north Calgary. It is anticipated that the transaction will close on September 25, 2019, subject to closing conditions customary for a transaction of this nature.
Aug 07, 2019 06:02 pm ET
Genesis Reports 2019 Second Quarter Results
CALGARY, Aug. 7, 2019­ /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 ("YTD") ended June 30, 2019. Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area ("CMA"), holding and developing a significant portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots in the CMA.
Jul 16, 2019 10:00 pm ET
Smoothwater Acquires Additional Shares of Genesis
TORONTO, July 16, 2019 /CNW/ - Smoothwater Capital Corporation ("Smoothwater"), the largest shareholder of Genesis Land Development Corp. (TSX: GDC) ("Genesis"), announces that during the period of August 25, 2015 to July 15, 2019 it acquired an aggregate of 359,700 common shares of Genesis (the "Common Shares") on the open market through the facilities of the Toronto Stock Exchange (the "Market Purchases"), representing approximately 0.85% of the issued and outstanding Common Shares (the "Outstanding Shares") as at May 3, 2019, as reported by Genesis in its management's discussion and analy
May 09, 2019 06:38 pm ET
Genesis Land Development Corp. Reports Voting Results of Election of Directors
CALGARY, May 9, 2019 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to report that at its annual meeting of shareholders held on May 9, 2019 that each of the nominees proposed by management as a director of Genesis were elected as directors.
May 03, 2019 05:01 pm ET
Genesis Reports 2019 First Quarter Results
CALGARY, May 3, 2019 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ended March 31, 2019 ("Q1 2019"). Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area ("CMA"), holding and developing a significant portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots in the CMA.
Apr 01, 2019 06:48 pm ET
Conditional Letter Agreement to Purchase Residential Development Land in Calgary Metropolitan Area
CALGARY, April 1, 2019 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to announce that it has entered into a letter agreement relating to the proposed purchase of approximately 160 acres of future development land (the "Land") in the Calgary Metropolitan area (the "CMA"). The purchase is conditional on the satisfaction of a number of conditions precedent by mid-June, 2019 including, among other things, satisfactory completion of due diligence by Genesis and the finalization of a definitive purchase and sale agreement.
Mar 14, 2019 08:27 pm ET
Genesis Reports Results for 2018
CALGARY, March 14, 2019­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ended ("Q4") and year ended ("YE") December 31, 2018. Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area ("CMA"), holding and developing a significant portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots in the CMA.
Jan 24, 2019 06:05 pm ET
Genesis Land Development Corp. Commences Detailed Planning for its OMNI Commercial Destination
CALGARY, Jan. 24, 2019 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to announce the recent decision of Alberta's Municipal Government Board confirming that its 185-acre OMNI Commercial Project lands located near the intersection of Stoney Trail and Airport Trail in Rocky View County is approved for commercial uses. These lands are strategically located, bordering the burgeoning north east side of the City of Calgary,
Nov 13, 2018 08:02 pm ET
Genesis Reports 2018 Third Quarter Results
CALGARY, Nov. 13, 2018­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q3") and nine months ("YTD") ended September 30, 2018.
Oct 05, 2018 07:00 am ET
Genesis Land Development Corp. Renewal of Normal Course Issuer Bid
CALGARY, Oct. 5, 2018­ /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 terminated on September 11, 2018,  for  a one year period. The Bid will commence on October 10, 2018 and will terminate on the earlier of: (i) October 9, 2019; and (ii) the date on which the maximum number of common shares in the capital of Genesis ("Common Shares") are purchased pursuant to the Bid.  Purchases of Common Shares under the Bid wil
Sep 20, 2018 02:07 pm ET
Genesis Appoints Iain Stewart as President & CEO and Stephen Griggs as Executive Chair, Adopts New Long-Term Incentive Plans
CALGARY, Sept. 20, 2018­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") is pleased to announce the following executive appointments effective immediately:
Aug 14, 2018 06:50 pm ET
Genesis Reports 2018 Second Quarter Results and Declares $10.3 million ($0.24 per Share) Special Dividend
CALGARY, Aug. 14, 2018­ /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, 2018.
May 11, 2018 06:22 pm ET
Genesis Reports 2018 First Quarter Results - Stronger Cash Flow from Operating Activities
CALGARY, May 11, 2018­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ended March 31, 2018 ("Q1 2018").
May 11, 2018 06:00 pm ET
Genesis Land Development Corp. Reports Voting Results of Election of Directors
CALGARY, May 11, 2018 /CNW/ - Genesis Land Development Corp. (TSX:GDC) (the "Corporation") is pleased to report that at its annual general meeting of shareholders held on May 11, 2018 that each of the nominees proposed by management as a director of the Corporation were elected as directors of the Corporation.
Mar 14, 2018 07:17 pm ET
Genesis Reports Strong 2017 Results
CALGARY, March 14, 2018­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported strong financial and operating results for the three months ("Q4") and year ended December 31, 2017 ("YE 2017):
Dec 19, 2017 09:25 am ET
Genesis Land Development Corp. Announces Declaration of approximately $10.81 Million Special Dividend
CALGARY, Dec. 19, 2017 ­/CNW/ - Genesis Land Development Corp. ("Genesis") (TSX: GDC), announces that its Board of Directors has declared a special cash dividend of $0.25 per common share for a total of $10,813,180.25  payable to shareholders of record on December 27, 2017, which will be paid on January 5,  2018.
Dec 15, 2017 04:34 pm ET
$41.0 million sale of 319 acre parcel of Airdrie "Fowler" lands owned by Limited Partnership Land Pool (2007)
CALGARY, Dec. 15, 2017 /CNW/ - GP LPLP 2007 Inc., as general partner of Limited Partnership Land Pool (2007) ("LPLP"), and Genesis Land Development Corp. ("Genesis") (TSX: GDC), as nominee, are pleased to announce the closing of the sale of 319 acres of undeveloped lands located in the City of Airdrie, Alberta (commonly referred to as the "Fowler Lands") on December 15, 2017 at the sale price of $41,000,000.  These lands were 100% beneficially owned by LPLP and were sold to an arms-length third party. 
Dec 06, 2017 05:52 pm ET
/C O R R E C T I O N from Source -- Genesis Land Development Corp./
In the news release "$11.1 Million Sale by Genesis of Two Sites in Sage Meadows" issued yesterday, December 5, 2017, by Genesis Land Development Corp. ("Genesis") (TSX: GDC), the headline should read "$10.5 Million Sale by Genesis of Two Sites in Sage Meadows" rather than "$11.1 Million" and the aggregate sale price of the Lands should read "$10,497,700" rather than "$11,127,700" as originally issued. Complete corrected text follows.
Nov 09, 2017 08:08 pm ET
Genesis Reports 2017 Third Quarter Results
CALGARY, Nov. 9, 2017­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q3") and nine months ("YTD") ended September 30, 2017.
Oct 19, 2017 07:25 pm ET
$ 11.27 Million Sale by Genesis of Two Multi-Family Sites in Sage Meadows
CALGARY, Oct. 19, 2017 /CNW/ - Genesis Land Development Corp. ("Genesis") (TSX: GDC) is pleased to announce that it has entered into an agreement with an arms-length third party builder for the sale of undeveloped land located in the north west community of Sage Hill in Calgary, Alberta (the "Lands"). The Lands, which are zoned for medium density multi-family development, will consist of two sites totaling 8.65 acres and is a part of Phase 5 of the Genesis Sage Meadows development.
Oct 12, 2017 11:27 pm ET
$41.0 million sale of 319 acre parcel of Airdrie "Fowler" lands owned by Limited Partnership Land Pool (2007)
CALGARY, Oct. 12, 2017­ /CNW/ - GP LPLP 2007 Inc., as general partner of Limited Partnership Land Pool (2007), and Genesis Land Development Corp. ("Genesis") (TSX: GDC), as nominee, are pleased to announce that they have entered into an agreement with an arms-length third party national developer for the sale of 319 acres of undeveloped lands located in the City of Airdrie, Alberta and commonly referred to as the "Fowler Lands".  These lands are 100% beneficially owned by Limited Partnership Land Pool (2007) ("LPLP"). 
Sep 14, 2017 06:51 pm ET
Genesis Land Development Corp. Sage Hill Crossing Zoning Approval Update
CALGARY, Sept. 14, 2017­ /CNW/ - Genesis Land Development Corp. (the "Company" or "Genesis") (TSX:GDC) is pleased to announce that the Council of the City of Calgary unanimously approved an amendment to the Sage Hill Area Structure Plan.  Genesis currently owns 70 acres of land in the Sage Hill Area Structure plan and this approval enables Genesis to proceed with securing land use and outline approval for a low to medium density residential and commercial development from high density high rise residential and big box commercial.
Sep 07, 2017 08:57 pm ET
Genesis Land Development Corp. Renewal of Normal Course Issuer Bid
CALGARY, Sept. 7, 2017­ /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 11, 2017,  for a one year period. The Bid will commence on September 12, 2017 and will terminate on the earlier of: (i) September 11, 2018; and (ii) the date on which the maximum number of common shares in the capital of Genesis ("Common Shares") are purchased pursuant to the Bid.  Purchases of Common Shares under the Bi
Aug 29, 2017 06:23 pm ET
Genesis Land Development Corp. $5.2 million Sale of 617 Acre Parcel of Delacour Lands Owned by Limited Partnership Land Pool (2007)
CALGARY, Aug. 29 , 2017 /CNW/ - Genesis Land Development Corp. ("Genesis") (TSX:GDC) is pleased to announce that the sale of 617 acres of undeveloped non-core lands located near the Hamlet of Delacour, Alberta was completed on August 28, 2017 for the sale price of $5,234,000. These lands were 100% beneficially owned by Limited Partnership Land Pool (2007) (the "Partnership") and were sold to an arms-length third party.
Aug 11, 2017 07:10 pm ET
Genesis Reports 2017 Second Quarter Results and Special $0.21 per Share Dividend
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.
May 11, 2017 08:30 pm ET
Genesis Reports 2017 First Quarter Results
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.  
May 11, 2017 05:47 pm ET
Genesis Land Development Corp. Reports Voting Results of Election of Directors
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.
Mar 21, 2017 10:21 pm ET
Genesis Reports 2016 Fourth Quarter Results
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. 
Mar 03, 2017 05:35 pm ET
Genesis Land Development Corp. Announces $9.0 million Sale of Non-Core Lands
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 lands is $9,000,000 and closing is scheduled for May 1, 2017. Genesis has received a deposit of $500,000 and expects to receive the remaining sale proceeds on closing.
Nov 15, 2016 04:42 pm ET
Genesis Land Development Corp. Announces Declaration of approximately $10.9 Million Special Dividend
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, 2016. The ex-dividend date for the special dividend is December 7, 2016.  
Nov 10, 2016 08:49 pm ET
Sep 14, 2016 03:11 am ET
Genesis Land Development Corp. $9.4 million Sale of a portion of Sage Hill Crossing lands
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. Genesis expects to receive the sale proceeds on closing.
Sep 07, 2016 05:55 pm ET
Genesis Land Development Corp. Renewal of Normal Course Issuer Bid
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 September 12, 2016 and will terminate on the earlier of: (i) September 11, 2017; and (ii) the date on which the maximum number of Common Shares are purchased pursuant to the Bid.  Purchases of Common Shares under the Bid will be effected through the facilities of t
Mar 16, 2016 05:59 pm ET
Genesis Appoints Interim CFO
CALGARY, March 16, 2016­ /CNW/ - Genesis Land Development Corp. (TSX: GDC) ("Genesis") announced today that the board of directors has appointed Kirsten Richter as interim Chief Financial Officer effective April 18, 2016. Reporting to Stephen J. Griggs, Chair of the Board and interim CEO, Ms. Richter will be a member of the company's executive leadership team with responsibility for the financial management, analysis and reporting of the company.
Mar 11, 2016 04:38 pm ET
Genesis Announces 2016 Annual and Special General Meeting
CALGARY, March 11, 2016 /CNW/ - Genesis Land Development Corp. (TSX: GDC) ( the "Corporation" or "Genesis") announces that the Corporation will hold its 2016 Annual and Special General Meeting of shareholders on Thursday, May 12, 2016 at 10:00 a.m. (Mountain Daylight Time) in the Saddlestone Boardroom at the Corporation's offices, 7315 – 8th Street N.E.; Calgary, Alberta T2E 8A2.

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