Genesis Land Development Corp. (T:GDC*CA)
Business Focus: Real Estate Rental, Development & Operations (NEC)
Mar 06, 2024 06:03 pm ET
Genesis Reports Fourth Quarter and 2023 Results
CALGARY, AB, March 6, 2024 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q4") and year end December 31, 2023 ("YE"). Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary Metropolitan Area ("CMA").
Dec 13, 2023 04:30 pm ET
Genesis Land Development Corp. Announces Renewal of Normal Course Issuer Bid
CALGARY, AB, Dec. 13, 2023 /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 December 18, 2023 and will terminate on the earlier of: (i) December 17, 2024; 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
Nov 08, 2023 05:10 pm ET
Genesis Reports 2023 Third Quarter Results and Declares a Special Dividend of $0.085
CALGARY, AB, Nov. 8, 2023 /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, 2023 ("YTD"). Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary Metropolitan Area ("CMA").
Sep 26, 2023 02:04 pm ET
Smoothwater Acquires Additional Shares of Genesis
TORONTO, Sept. 26, 2023 /CNW/ - Smoothwater Capital Corporation ("Smoothwater"), the largest shareholder of Genesis Land Development Corp. (TSX: GDC) ("Genesis"), announces that on September 25, 2023 it acquired an aggregate of 600,900 common shares of Genesis (the "Common Shares") at a price of $2.19 per Common Share on the market for total consideration of $1,315,971 (the "Purchase"), representing approximately 1.06% of the outstanding Common Shares as at July 27, 2023 (the "Outstanding Shares"). Smoothwater made the Purchase in accordance with the "normal course purchase" exemption contai
Sep 21, 2023 07:09 pm ET
Genesis Land Development Corp. Announces 460-Acre Land Acquisition in Calgary
CALGARY, AB, Sept. 21, 2023 /CNW/ - Genesis Land Development Corp. (TSX: GDC) ("Genesis") is pleased to report that it has entered into a binding agreement to acquire 460 acres of future residential development land (the "Land") located in the southeast sector of the City of Calgary for $25.8 million.
Aug 08, 2023 09:09 am ET
Genesis Land Development Corp. Appoints Chief Financial Officer and Senior Vice President, Information Systems and Special Projects
CALGARY, AB, Aug. 8, 2023 /CNW/ - Genesis Land Development Corp. (TSX: GDC) ("Genesis") is pleased to announce the appointment of Rob Sekhon CPA, CA as Chief Financial Officer ("CFO"), and Wayne King CPA, CA to the position of Senior Vice President, Information Systems and Special Projects. The appointments will be effective September 11, 2023.
Jul 27, 2023 06:09 pm ET
Genesis Reports 2023 Second Quarter Results
CALGARY, AB, July 27, 2023 /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, 2023 ("YTD"). Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary Metropolitan Area ("CMA").
May 18, 2023 04:58 pm ET
Genesis Declares a Special Dividend of $0.085
CALGARY, AB, May 18, 2023 /CNW/ - Genesis Land Development Corp. ("Genesis") (TSX: GDC), announces that its Board of Directors has declared an unconditional special cash dividend of $0.085 per common share, or $4.8 million in aggregate, payable on June 12, 2023 to shareholders of record on May 26, 2023.
May 18, 2023 04:35 pm ET
Genesis Reports Voting Results of Election of Directors
CALGARY, AB, May 18, 2023 /CNW/ - Genesis Land Development Corp. ("Genesis") (TSX: GDC) is pleased to report that at its annual meeting of shareholders held on May 18, 2023 that each of the nominees proposed by management as a director of Genesis were elected as directors.
May 17, 2023 11:14 am ET
Genesis Announces Approval of Outline Plan and Land Use for Logan Landing Project
CALGARY, May 17, 2023 /CNW/ - Genesis Land Development Corp. (TSX: GDC) ("Genesis") is pleased to announce that the City of Calgary Council approved the Outline Plan and Land Use application for its Logan Landing development yesterday.
May 04, 2023 06:30 pm ET
Genesis Reports 2023 First Quarter Results
CALGARY, AB, May 4, 2023 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q1") ended March 31, 2023. Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary Metropolitan Area ("CMA").
Mar 02, 2023 06:30 pm ET
Genesis Reports Fourth Quarter and 2022 Results
CALGARY, AB, March 2, 2023 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q4") and year end December 31, 2022 ("YE").
Jan 27, 2023 05:46 pm ET
Genesis Land Development Corp. Announces Appointment of New Director
CALGARY, AB, Jan. 27, 2023 /CNW/ - Genesis Land Development Corp. (TSX: GDC) ("Genesis" or the "Corporation") is pleased to announce the appointment of Calvin Younger as a member of the Board of Directors of the Corporation effective immediately.
Jan 16, 2023 07:00 pm ET
Genesis Land Development Corp. Announces Closing of the Sale of 40% of Lewiston Development in Calgary
CALGARY, AB, Jan. 16, 2023 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to announce that that it has closed the previously announced sale of 40% of its interest in the community of Lewiston in north Calgary. The sale comprised a 20% ownership stake to each of McKee Homes Ltd and Qualico Developments West Ltd.
Dec 14, 2022 04:00 am ET
Genesis Land Development Corp. Announces Normal Course Issuer Bid
CALGARY, AB, Dec. 14, 2022 /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 initiate a Normal Course Issuer Bid ("Bid") for a one year period. The Bid will commence on December 16, 2022 and will terminate on the earlier of: (i) December 15, 2023; 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
Dec 06, 2022 05:08 pm ET
Genesis Land Development Corp. Announces Sale of 40% of Lewiston Development in Calgary
CALGARY, AB, Dec. 6, 2022 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to announce that it has entered into binding agreements to sell a 20% ownership stake to each of two separate Calgary based third party home builders in the Genesis Lewiston development project.
Nov 02, 2022 08:00 pm ET
Genesis Land Development Corp. Appoints Senior Vice Presidents
CALGARY, AB, Nov. 2, 2022 /CNW/ - Genesis Land Development Corp. (TSX: GDC) ("Genesis") is pleased to announce the promotions of PS Sidhu as Senior Vice President, Homebuilding, along with his role as President, Genesis Builders Group Inc. ("GBG") and Brian Whitwell as Senior Vice President, Asset Management, both effective November 2, 2022.
Nov 02, 2022 05:53 pm ET
Genesis Reports 2022 Third Quarter Results and Declares a Special Dividend of $0.075
CALGARY, AB, Nov. 2, 2022 /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, 2022 ("YTD"). Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary Metropolitan Area.
Sep 14, 2022 01:30 am ET
Genesis Land Development Corp. Announces Removal of Growth Management Overlays on Lewiston and Logan Landing Developments
CALGARY, AB, Sept. 13, 2022 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased announce that today the City of Calgary Council approved the removal of the Growth Management Overlays on its Lewiston and Logan Landing developments.Genesis would like to thank the City of Calgary Council and Administration for all the work they have done during this long and thorough approval process."We are delighted to advance the development of these two communities and work towards breaking ground in early 2023," said CEO Iain Stewart. "Lewiston and Logan Landing will provide Calgary with over 300
Jul 28, 2022 07:14 pm ET
Genesis Reports 2022 Second Quarter Results and Declares a Dividend of $0.075
CALGARY, AB, July 28, 2022 /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, 2022 ("YTD"). Genesis is an integrated land developer and residential home builder owning and developing a growing portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots throughout the Calgary Metropolitan Area.
May 31, 2022 06:30 am ET
Genesis Land Development Corp. Appoints Vice President, Land Development and Vice President, Regional Planning
CALGARY, AB, May 31, 2022 /CNW/ - Genesis Land Development Corp. (TSX: GDC) ("Genesis") is pleased to announce the appointment of Brendan McCashin as Vice President, Land Development, and Arnold Stefaniuk who was named Vice President, Regional Planning. The move is effective June 1, 2022.
May 25, 2022 06:39 pm ET
Genesis Land Development Corp. Reports Voting Results of Election of Directors
CALGARY, AB, May 25, 2022 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to report that at its annual meeting of shareholders held on May 25, 2022 that each of the nominees proposed by management as a director of Genesis were elected as directors.
May 05, 2022 07:24 pm ET
Genesis Reports 2022 First Quarter Results
CALGARY, AB, May 5, 2022 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ended March 31, 2022 ("Q1"). Genesis is an integrated land developer and residential home builder owning and developing a growing portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots throughout the Calgary Metropolitan Area.
May 02, 2022 08:30 am ET
Genesis Land Development Corp. Announces 160-Acre Land Acquisition in Calgary
CALGARY, AB, May 2, 2022 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to report that it has entered into a binding agreement to acquire approximately 160 acres of future residential development land (the "Land") located in the southeast sector of the City of Calgary.
Apr 04, 2022 04:26 pm ET
Genesis Land Development Corp. Announces Completion of 157-Acre Acquisition for $29.15 Million in Calgary
CALGARY, AB, April 4, 2022 /CNW/ - Genesis Land Development Corp. (TSX: GDC), is pleased to report that it has completed its acquisition of 157 acres of future residential development land (the "Land") in east Calgary for a purchase price of approximately $29.15 million. Genesis paid a non-refundable deposit of $2.18 million in February 2021 and paid the balance of $26.97 million on closing.
Mar 02, 2022 06:22 pm ET
Genesis Reports Q4 and 2021 Results
CALGARY, AB, March 2, 2022 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its fourth quarter and 2021 earnings today.
Dec 20, 2021 05:27 pm ET
Genesis Land Development Corp. Announces Closing of $30 Million Rights Offering
/NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./
Nov 17, 2021 07:59 am ET
IIROC Trading Halt - GDC.RT
TORONTO, Nov. 17, 2021 /CNW/ - The following issues have been halted by IIROC:
Nov 10, 2021 07:00 am ET
Genesis Land Development Corp. Announces $30 Million Rights Offering
/NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./
Nov 03, 2021 06:07 pm ET
Genesis Reports 2021 Third Quarter Results
CALGARY, AB, Nov. 3, 2021 /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, 2021 ("YTD"). Genesis is an integrated land developer and residential home builder owning and developing a growing portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots throughout the Calgary Metropolitan Area.
Jul 29, 2021 05:38 pm ET
Genesis Reports 2021 Second Quarter Results
CALGARY, AB, July 29, 2021 /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, 2021 ("YTD"). Genesis is an integrated land developer and residential home builder owning and developing a growing portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots throughout the Calgary Metropolitan Area.
May 14, 2021 08:31 pm ET
Genesis Land Development Corp. Reports Voting Results of Election of Directors
CALGARY, AB, May 14, 2021 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to report that at its annual meeting of shareholders held on May 14, 2021 that each of the nominees proposed by management as a director of Genesis were elected as directors.
May 05, 2021 06:05 pm ET
Genesis Reports 2021 First Quarter Results
CALGARY, AB, May 5, 2021 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q1") ended March 31, 2021. Genesis is an integrated land developer and residential home builder owning and developing a growing portfolio of well-located, entitled and unentitled residential, commercial and mixed-use lands and serviced lots throughout the Calgary Metropolitan Area.
Mar 01, 2021 06:19 pm ET
Genesis Reports Strong Q4 and 2020 Performance
CALGARY, AB, March 1, 2021 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") reported its fourth quarter and 2020 earnings today.
Feb 08, 2021 05:10 pm ET
Genesis Land Development Corp. Announces 157-Acre Acquisition for $29.15 Million in Calgary
CALGARY, AB, Feb. 8, 2021 /CNW/ - Genesis Land Development Corp. ("Genesis") (TSX: GDC), is pleased to report that it has entered into a binding agreement to acquire approximately 157 acres of future residential development land (the "Land") in the Belvedere community in the City of Calgary. Genesis has paid a non-refundable deposit of $2.18 million, with the balance of $26.97 million to be paid on closing, currently scheduled for April 2022. The Land is located within Calgary City limits and is on the edge of existing residential and retail developments. Genesis plans to immediately commen
Dec 09, 2020 02:46 pm ET
IIROC Trade Resumption - GDC
TORONTO, Dec. 9, 2020 /CNW/ - Trading resumes in:
Dec 09, 2020 02:28 pm ET
Genesis Land Development Corp. Announces Declaration of $0.15 per share Special Dividend
CALGARY, AB, Dec. 9, 2020 /CNW/ - Genesis Land Development Corp. ("Genesis") (TSX: GDC), announces that its Board of Directors has declared an unconditional special cash dividend of $0.15 per common share, or $6.28 million in aggregate, payable on January 11, 2021 to shareholders of record on December 23, 2020.
Dec 09, 2020 02:07 pm ET
IIROC Trading Halt - GDC
TORONTO, Dec. 9, 2020 /CNW/ - The following issues have been halted by IIROC:
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
Genesis Announces Agreement to Purchase Vendor Take-Back Mortgage from Limited Partnership Land Pool (2007) for $22 Million
Special Meeting of Limited Partners to be held October 10, 2019 to Approve
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
Genesis Announces Special Cash Dividend and Reports 2016 Third Quarter Results
CALGARY, Nov. 10, 2016 /CNW/ -
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
Aug 11, 2016 09:15 pm ET
May 12, 2016 08:46 pm ET
May 12, 2016 08:45 pm ET
Mar 22, 2016 09:57 pm ET
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.
Feb 17, 2016 07:36 pm ET
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