|Bid||2.2900 x 0|
|Ask||2.3100 x 0|
|Day's Range||2.2800 - 2.3000|
|52 Week Range||2.2700 - 3.8500|
|Beta (3Y Monthly)||-0.07|
|PE Ratio (TTM)||37.70|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TORONTO , July 16, 2019 /CNW/ - Smoothwater Capital Corporation ("Smoothwater"), the largest shareholder of Genesis Land Development Corp. (GDC.TO) ("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 analysis for the quarter ended March 31, 2019 . The Market Purchases were made by Smoothwater at an average price of $2.74 per Common Share.
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. Genesis believes the purchase price and terms of the proposed acquisition are in line with current market conditions and expects to fund the proposed transaction with internal resources and financing typical for transactions of this nature.
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. Iain Stewart , President & Chief Executive Officer of Genesis says, "This approval is the culmination of an intensive planning and consultation process between Rocky View County, The City of Calgary and Genesis. Genesis is excited to be able to move the planning process forward for these 185 acres and to make this multi-faceted and unique master planned destination a reality".
CALGARY , Oct. 5 , 2018 /CNW/ - Genesis Land Development Corp. (the "Company" or "Genesis") (GDC.TO) 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. Genesis has arranged to renew its automatic purchase program under which a designated broker would purchase Common Shares pursuant to the Bid based on parameters established by Genesis.
Iain Stewart has been appointed President and Chief Executive Officer. Mr. Stewart has been an independent director of Genesis since August 2013 , and was previously Vice Chair of the Board since May 12, 2017 . Stephen J. Griggs has been appointed Executive Chair of the Board.