Windset News

 

WINDSET CAPITAL CORPORATION ANNOUNCES IT WILL DISCONTINUE FUNDING NEW BUSINESS

Riverton, UT, September 16, 2016 – Windset Capital Corporation (“Windset”), a subsidiary of Chesswood Group Limited (“Chesswood”), announced today that it will discontinue accepting new loan applications from its brokers and independent sales organization network effective September 26, 2016. “After three years of serving the short-term working capital market and dedicating 100% of Windset’s resources […]

CHESSWOOD RENEWS NORMAL COURSE ISSUER BID AND INITIATES AUTOMATIC SHARE PURCHASE PLAN

TORONTO, AUGUST 23, 2016 – Chesswood Group Limited (“Chesswood”) (TSX: CHW) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to conduct a normal course issuer bid to enable it to purchase up to 1,078,096 of its 16,389,554 Common Shares (“Shares”) outstanding, representing approximately 10 per cent of Chesswood’s […]

Chesswood Announces Second Quarter Results for 2016

Results Reflect Record Operating Earnings and Originations TORONTO, August 11, 2016 – Chesswood Group Limited (the “Company” or “Chesswood”) (TSX: CHW) announced today its results for the three and six months ended June 30, 2016. The Company generated operating earnings of $9.0 million in the second quarter this year, compared to $8.1 million in the […]

Chesswood Restates Tax Liability In Q1 2016 Results for Sale of Discontinued Business

TORONTO, August 8, 2016 – Chesswood Group Limited (the “Company” or “Chesswood”) (TSX: CHW) announced today its intention to restate and refile its condensed consolidated interim financial statements and related management’s discussion and analysis for the three months ended March 31, 2016, to reflect the understatement of taxes payable related to the recent sale of […]

Chesswood Announces Record First Quarter in 2016

Results Reflect 34% Increase in Operating Income and Gain on the Sale of EcoHome Financial TORONTO, May 12, 2016 – Chesswood Group Limited (the “Company” or “Chesswood”) (TSX: CHW) announced today its results for the first quarter of 2016, ended March 31, 2016. Net income was $12.2 million, an increase of $8.7 million from the […]

CHESSWOOD GROUP LIMITED ANNOUNCES APRIL 2016 DIVIDEND

TORONTO, April 20, 2016 – Chesswood Group Limited (TSX: CHW) announced today a cash dividend of $0.065 per share for the month of April. The dividend will be payable to shareholders of record at the close of business on April 29, 2016, and will be paid on May 16, 2016. Chesswood Group Limited has designated […]

CHESSWOOD GROUP LIMITED ANNOUNCES March 2016 DIVIDEND

TORONTO, March 21, 2016 – Chesswood Group Limited (TSX: CHW) announced today a cash dividend of $0.065 per share for the month of March. The dividend will be payable to shareholders of record at the close of business on March 31, 2016, and will be paid on April 15, 2016. Chesswood Group Limited has designated […]

Chesswood Announces Results for 2015

Fifth Consecutive Record Year of Earnings TORONTO, March 17, 2016 – Chesswood Group Limited (the “Company” or “Chesswood”) (TSX: CHW) announced today its results for the three months and year ended December 31, 2015. Chesswood posted its fifth consecutive year of record earnings from both a net income and operating income (1) perspective, during a […]

CHESSWOOD GROUP ANNOUNCES COMPLETION OF SALE OF ECOHOME FINANCIAL AND SPECIAL DIVIDEND OF $0.50 PER SHARE

TORONTO, February 18, 2016 – Chesswood Group Limited (TSX: CHW) (“Chesswood”) announced today that it has completed the previously announced sale of its EcoHome Financial Inc. (“EcoHome”) subsidiary to Dealnet Capital Corp. (“Dealnet”)(TSX.V:DLN) for a purchase price of $35.0 million, resulting in a pre-tax gain of approximately $10.0 million. Of the $35.0 million purchase price, […]

CHESSWOOD GROUP ANNOUNCES AGREEMENT TO SELL ECOHOME FINANCIAL

Focus on Growth of Core North American Commercial Finance Platform While Retaining Equity Interest in Dealnet Capital TORONTO, January 21, 2016 – Chesswood Group Limited (TSX: CHW) (“Chesswood”) announced today that it has entered into a definitive agreement to sell its EcoHome Financial Inc. (“EcoHome”) subsidiary to Dealnet Capital Corp. (“Dealnet”) (TSX.V:DLS) for a purchase […]