Canso

FLINT Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023
FLINT, Bank of Canada, Bank, Conversation, Pre-construction services, SG, SEDAR, Maintenance, Bank statement, Senior, Organization, Indian stock exchange, Analysis, Hand, Cryptocurrency, Security (finance), Canso

Income from continuing operations for the three months ended September 30, 2023 was $2,789 compared to $1,174 for the same period in 2022.

Key Points: 
  • Income from continuing operations for the three months ended September 30, 2023 was $2,789 compared to $1,174 for the same period in 2022.
  • As at September 30, 2023, the accrued and unpaid dividends on the Series 1 and Series 2 shares totaled $89.2 million.
  • FLINT has a suite of more than 40 service offerings that encompass the full asset lifecycle.
  • Our unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2023 and the related Management's Discussion and Analysis of the operating and financial results can be accessed on our website at www.flintcorp.com and will be available shortly through SEDAR at www.sedar.com .

FLINT Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, July 27, 2023
Maintenance, SG, Senior, Bank statement, Organization, COVID-19, Conversation, FLINT, Pre-construction services, Analysis, SEDAR, Indian stock exchange, Bank, Hand, Bank of Canada, Cryptocurrency, Security (finance), Canso

The decrease in quarterly revenue relates to the record activity levels experienced in the second quarter of 2022 due to the completion of turnaround projects that were postponed during the COVID-19 pandemic.

Key Points: 
  • The decrease in quarterly revenue relates to the record activity levels experienced in the second quarter of 2022 due to the completion of turnaround projects that were postponed during the COVID-19 pandemic.
  • The variance was driven by the impairment of assets of $11,462 that was recorded in the second quarter of 2023 offset by the significant improvement in gross profit for the Maintenance and Construction Services segment.
  • As at June 30, 2023, the accrued and unpaid dividends on the Series 1 and Series 2 shares totaled $85.0 million.
  • Our unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2023 and the related Management's Discussion and Analysis of the operating and financial results can be accessed on our website at www.flintcorp.com and will be available shortly through SEDAR at www.sedar.com .

Heather Mason-Wood appointed as President and Chief Strategy Officer of Canso Investment Counsel

Retrieved on: 
Wednesday, March 8, 2023
MBA, Canadian Securities Administrators, Marketing, Research, Strategy, Growth, Woman, CFA, Scotiabank, Mason Wood, Risk management, Carswell, University, Portfolio manager, Corporate capitalism, Bank, New product development, McMaster University, Management, Renewable energy, Financial services, Network affiliate, Canso, Mathematics, United Way

RICHMOND HILL, ON, March 8, 2023 /CNW/ - John Carswell, CEO of Canso Investment Counsel Ltd., is pleased to announce the appointment of Heather Mason-Wood as President and Chief Strategy Officer of the company.

Key Points: 
  • RICHMOND HILL, ON, March 8, 2023 /CNW/ - John Carswell, CEO of Canso Investment Counsel Ltd., is pleased to announce the appointment of Heather Mason-Wood as President and Chief Strategy Officer of the company.
  • Mason-Wood, CFA, who joined Canso in 2003, will continue to be a Portfolio Manager and, as one of its most experienced and respected credit professionals, will continue to report to Carswell in his capacity as Chief Investment Officer.
  • "With more than 20 years of leadership at Canso, Heather has been instrumental in the successful growth of Canso from a team of 5 people to the nearly 60 people we have today.
  • Before her appointment as President and Chief Strategy Officer, Mason-Wood served as Canso's Chief Strategy and Operating Officer.

Lysander Funds Wins Multiple 2022 FundGrade A+ Awards

Retrieved on: 
Friday, January 27, 2023
The Journal of Portfolio Management, Portfolio, Financial adviser, Canso

TORONTO, Jan. 27, 2023 /CNW/ - Lysander Funds Limited ("Lysander") was recognized at the 2022 FundGrade A+ Awards in Toronto with five award winning funds.

Key Points: 
  • TORONTO, Jan. 27, 2023 /CNW/ - Lysander Funds Limited ("Lysander") was recognized at the 2022 FundGrade A+ Awards in Toronto with five award winning funds.
  • "Lysander is pleased to be recognized again at the FundGrade A+ Awards.
  • The annual FundGrade A+ Awards recognizes investment funds and their managers who have shown consistent, outstanding, risk-adjusted performance through the year.
  • The following Lysander Funds received the FundGrade A+ Award:

Canso Select Opportunities Corporation Closes Purchase of Shares From Canso Fund Management Ltd.

Retrieved on: 
Friday, January 13, 2023
News, CFM, TSX Venture Exchange, Transaction, TSX, Blockchain.com, Growth, MI, CSOC, Minority, Acquisition, Security (finance), Canso

RICHMOND HILL, Ontario, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Canso Select Opportunities Corporation (TSX Venture: CSOC.A, CSOC.B) (the "Company" or "CSOC") is pleased to announce that it has closed the previously announced acquisition of 70,000 Class A common shares of Lysander Funds Limited ("Lysander") from Canso Fund Management Ltd. ("CFM") by issuing to CFM 2,440,239 Class B subordinate voting shares of CSOC pursuant to a share purchase agreement dated October 17, 2022 (the "Transaction"). The consideration has an approximate value of $12.25 million. CFM now holds approximately 68% of the Company’s outstanding Class B subordinate voting shares, which represents a voting position of 4.7%. Prior to the Transaction, CFM did not hold any securities of CSOC.

Key Points: 
  • CFM now holds approximately 68% of the Company’s outstanding Class B subordinate voting shares, which represents a voting position of 4.7%.
  • The purpose of the Transaction was to diversify the Company’s portfolio and to increase its cash flows by way of consistent dividends.
  • Lysander is a retail fund management company within the Canso Investment Counsel ("Canso") group, the fund manager of the Lysander-Canso funds and an affiliate of Canso under common control.
  • The value of Lysander’s business consists of its expected revenue, net income and the assets it holds.

Lysander Funds Limited Announces Changes to Lysander Funds

Retrieved on: 
Wednesday, December 21, 2022
Yonge Street, Canadian Securities Administrators, Suite, Canso, North York, Security (finance), Financial adviser

TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Lysander Funds Limited (“Lysander”) announced today changes in the distribution frequency, risk rating and portfolio manager for certain of its mutual funds.

Key Points: 
  • TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Lysander Funds Limited (“Lysander”) announced today changes in the distribution frequency, risk rating and portfolio manager for certain of its mutual funds.
  • Effective December 22, 2022, Lysander Balanced Income Fund will change its portfolio manager from Lysander Funds Limited to Canso Investment Counsel Ltd. (“Canso”) and the fund will cease to have sub-advisors.
  • Lysander is the trustee and investment fund manager of the funds.
  • For further information on Lysander, please visit www.lysanderfunds.com , email [email protected] or you can reach Lysander at 1-877-308-6979.

Canso Select Opportunities Corporation Announces Senior Management Change

Retrieved on: 
Wednesday, November 23, 2022
Portfolio manager, Pi bond, TSX, CSOC, TSX Venture Exchange, BMO Capital Markets, Research, News, Blockchain.com, ABS, Investment, Management, Canso

RICHMOND HILL, Ontario, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Canso Select Opportunities Corporation (TSX Venture: CSOC.A, CSOC.B) (the "Company" or "CSOC") is pleased to announce a new President and Chief Executive Officer of the Company.

Key Points: 
  • The Board of Directors has named Mr. Joe Morin to serve as President and Chief Executive Officer of CSOC.
  • Joe is also a Portfolio Manager at Canso Investment Counsel Ltd. (Canso), the portfolio management arm within the Canso Group of Companies, since 2009.
  • For many years, Joe also held the position of Director of Investment Research at Canso.
  • The addition of Joe as President and CEO strengthens the already deep management team of CSOC.

Canso Select Opportunities Corporation Provides Update With Respect to the Purchase of Shares From Canso Fund Management Ltd.

Retrieved on: 
Wednesday, November 16, 2022
Growth, Minority, TSX, CSOC, CFM, TSX Venture Exchange, MI, System, Life Partners, Inc., News, Agreement, Blockchain.com, Transaction, Committee, Report of the Special Committee on the Termination of the National Emergency, Consideration, Security (finance), Canso

RICHMOND HILL, Ontario, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Canso Select Opportunities Corporation (TSX Venture: CSOC.A, CSOC.B) (the “Company” or “CSOC”) previously announced that it has agreed to purchase 70,000 Class A common shares of Lysander Funds Limited (the “Lysander Class A Shares”) from Canso Fund Management Ltd. (“CFM”) by issuing to CFM 2,440,239 Class B subordinate voting shares of CSOC (the “Transaction”) pursuant to a share purchase agreement dated October 17, 2022 (the “Agreement”). The Transaction was announced in a press release issued on October 17, 2022.

Key Points: 
  • In accordance with the policies of the TSX Venture Exchange Inc. (the TSXV), the Company is pleased to provide an update in respect of the Transaction.
  • Final approval of the Transaction by the TSXV remains subject to a number of conditions.
  • The Company does not currently hold any Lysander Class A Shares or Class B common shares of Lysander Funds Limited (Lysander).
  • Lysander is a retail fund management company within the Canso Investment Counsel (Canso) group, as the fund manager of the Lysander-Canso funds and an affiliate of Canso under common control.

Lysander Funds Wins Eight Lipper Awards

Retrieved on: 
Thursday, November 17, 2022
Bond fund, Classification, Prospectus, USD, Refinitiv, Portfolio manager, N/A, Pharmaceutical industry, Financial adviser, Security (finance), Airline, Canso

TORONTO, Nov. 17, 2022 /CNW/ - Lysander Funds Limited ("Lysander") was recognized at the 2022 Canada Refinitiv Lipper Funds Awards today with six individual fund awards and two group awards including Best Overall Fund Family Group Over Three Years.

Key Points: 
  • TORONTO, Nov. 17, 2022 /CNW/ - Lysander Funds Limited ("Lysander") was recognized at the 2022 Canada Refinitiv Lipper Funds Awards today with six individual fund awards and two group awards including Best Overall Fund Family Group Over Three Years.
  • The annual Canada Refinitiv Lipper Awards honour funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.
  • Lysander received honours in these categories:
    The individual fund awards and winning funds are:
    Best Global Corporate Fixed Income Fund Over Five Years - Lysander-Canso U.S. Credit Fund (USD) - Series F
    About Refinitiv Lipper Fund Awards For more than 30 years and in over 17 countries worldwide, the highly respected Refinitiv Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top-funds.
  • Lysander Funds is a registered trademark of Lysander Funds Limited.

Canso Select Opportunities Corporation Announces Purchase of Shares From Canso Fund Management Ltd.

Retrieved on: 
Tuesday, October 18, 2022
Consideration, Growth, TSX, MI, Transaction, Report of the Special Committee on the Termination of the National Emergency, Company, Minority, TSX Venture Exchange, Board, Committee, Board of directors, GLOBE, CSOC, CFM, Blockchain.com, Ownership, Security (finance), Canso

Following the Transaction, it is expected that CFM will hold approximately 68% of the Companys outstanding Class B subordinate voting shares, which represents a voting position of 4.7%.

Key Points: 
  • Following the Transaction, it is expected that CFM will hold approximately 68% of the Companys outstanding Class B subordinate voting shares, which represents a voting position of 4.7%.
  • The purpose of the Transaction is to diversify the Companys portfolio and to increase its cash flows by way of consistent dividends.
  • The Company does not currently hold any Lysander Class A Shares or Class B common shares of Lysander Funds Limited (Lysander).
  • Lysander is a retail fund management company within the Canso Investment Counsel (Canso) group, as the fund manager of the Lysander-Canso funds and an affiliate of Canso under common control.