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GMP To Announce Q3/16 Results

TORONTO, ON. (October  5, 2016) – GMP Capital Inc. (GMP) (TSX: GMP) will release its third quarter 2016 financial results on Wednesday, November 2, 2016.  Third quarter 2016 results are expected to be released at approximately 6:00 a.m. (EST).

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GMP Completes Acquisition of FirstEnergy Capital

Toronto, October 3, 2016 - GMP Capital Inc. (GMP) (TSX: GMP) announced today that it has completed the previously announced acquisition of FirstEnergy Capital Corp. (FirstEnergy), an industry leader in the global energy sector with nearly a quarter century of transactional expertise.  The combination of GMP and FirstEnergy creates a premier franchise in the global energy and Canadian independent brokerage spaces. 

• Optimally positioned as a premier franchise in the independent brokerage space

• GMP’s combined energy businesses will operate under the GMP FirstEnergy brand

• GMP expands its Executive Committee

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GMP REPORTS SECOND QUARTER 2016 RESULTS

GMP CAPITAL INC. REPORTS SECOND QUARTER 2016 RESULTS

GENERATED PRE-TAX EARNINGS OF $0.3 MILLION ON REVENUE OF $41.5 MILLION

For further information about GMP Capital Inc., our results for second quarter 2016 and the meaning of certain references, this earnings release should be read in conjunction with our unaudited interim condensed consolidated financial statements as at and for the three and six months ended June 30, 2016 (Second Quarter 2016 Financial Statements), and our management's discussion and analysis for the three and six months ended June 30, 2016 (Second Quarter 2016 MD&A),which can be accessed on our website at gmpcapital.com and on SEDAR at sedar.com. Unless otherwise indicated, all dollar amounts are expressed in Canadian dollars and have been taken from our Second Quarter 2016 Financial Statements prepared in accordance with International Financial Reporting Standards (IFRS).

 

Toronto, August 5, 2016 - GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $41.5 million in second quarter
2016, down 48% compared with the same period last year. Income before income tax was $0.3 million in second quarter 2016. GMP recorded a net loss of $0.7 million and a diluted loss per share of $0.02 in second quarter 2016, compared with net income of $5.5 million and diluted earnings per share (EPS) of $0.06 in second quarter 2015.

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GMP TO ACQUIRE FIRSTENERGY CAPITAL

GMP CAPITAL INC. TO ACQUIRE FIRSTENERGY CAPITAL

• Enhances GMP’s positioning in Canadian energy and the independent brokerage space

• Combined energy businesses will be rebranded “GMP FirstEnergy” and continue to be headquartered in Calgary

• Key members of FirstEnergy’s management team will join GMP’s Executive Committee

Toronto, August 4, 2016 - GMP Capital Inc. (GMP) (TSX: GMP) announced today that it has agreed to acquire FirstEnergy Capital Corp. (FirstEnergy).  Established in 1993, FirstEnergy is an industry leader in the global energy sector providing financial advisory and investment services to a broad range of corporate clients and sophisticated investors worldwide.   Since 2008, FirstEnergy has completed over $63 billion in equity financing transactions in the energy sector and has advised on 159 transactions with an aggregate value of $31 billion. The firm has 91 employees in its Calgary and London offices across investment banking, sales and trading and research.  GMP will operate the combined energy businesses under the “GMP FirstEnergy” brand.

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GMP to Announce Second Quarter 2016 Results

TORONTO, ON. (July 6, 2016) – GMP Capital Inc. (GMP) (TSX: GMP) will release its second quarter 2016 financial results on Friday, August 5, 2016.  Second quarter 2016 results are expected to be released at approximately 6:00 a.m. (EST).

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GMP Announces Election of Directors

TORONTO, ON. (April 29, 2016) – GMP Capital Inc. (GMP) (TSX:GMP) today announced that the nominees listed in the Management Information Circular dated March 21, 2016, were elected as directors of GMP.  The detailed results of the vote for the election of directors held at GMP’s Annual Meeting of Common Shareholders (the Meeting) on Thursday, April 28, 2016, in Toronto, Ontario, are set out below.

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GMP Reports Q1/16 Results

Toronto, April 28, 2016 - GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $45.9 million in first quarter 2016, down 14% compared with the same period a year ago.  GMP recorded a net loss of $3.6 million and a diluted loss per share of $0.08 in first quarter 2016, compared with a net loss of $8.9 million and diluted loss per share of $0.14 in first quarter 2015.  On an adjusted basis1, the first quarter 2016 net loss was $2.9 million and diluted loss per share was $0.07.

 

For further information about GMP Capital Inc., our results for first quarter 2016 and the meaning of certain references, this earnings release should be read in conjunction with our unaudited interim condensed consolidated financial statements as at and for the three months ended March 31, 2016 (First Quarter 2016 Financial Statements), and our management's discussion and analysis for the three months ended March 31, 2016 (First Quarter 2016 MD&A), which can be accessed on our website at gmpcapital.com and on SEDAR at sedar.com. Unless otherwise indicated, all dollar amounts are expressed in Canadian dollars and have been taken from our First Quarter 2016 Financial Statements prepared in accordance with International Financial Reporting Standards (IFRS).

 

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April 5, 2016 GMP to Announce Q1 2016 Results and Hold Annual Meeting on April 28, 2016

TORONTO, ON. (April 5, 2016) – GMP Capital Inc. (GMP) (TSX:GMP) will release its first quarter 2016 financial results and hold its annual meeting of common shareholders (Annual Meeting) on Thursday, April 28, 2016.  First quarter results are expected to be released at approximately 6:00 a.m. (EST).


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GMP Capital Inc. Announces Results of the Conversion Privilege of its Cumulative 5-Year Rate...

TORONTO, ON (March 16, 2016) – GMP Capital Inc. (the Corporation) (TSX: GMP, GMP.PR.B) announced today that 1,034,747 of its outstanding 4,600,000 Cumulative 5-Year Rate Reset Preferred Shares, Series B of the Corporation (the Series B Shares) have been tendered for conversion on March 31, 2016, on a one-for-one basis, into Cumulative Floating Rate Preferred Shares, Series C of the Corporation (the Series C Shares). As a result, on March 31, 2016, the Corporation will have 3,565,253 Series B Shares and 1,034,747 Series C Shares issued and outstanding.


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GMP Reports Q4 and Year-End 2015 Results

Toronto, March 11, 2016 - GMP Capital Inc. (GMP or the Corporation) (TSX: GMP) today reported revenue of $35.3 million in fourth quarter 2015 representing a 33% decrease relative to the same period a year ago. GMP recorded a net loss of $15.6 million and a diluted loss per share of $0.26 in fourth quarter 2015 compared with a net loss of $6.9 million and diluted loss per share of $0.12 in fourth quarter 2014. "Uncertain market conditions produced a sharp contraction in client activity in the second half of 2015 that was particularly pronounced in the fourth quarter.  This and the impact of the costs we recognized in connection with our previously announced restructuring of the Capital Markets segment resulted in disappointing financial performance for GMP"  said Harris Fricker, President and Chief Executive Officer, GMP. "Our revenues decreased 33% in fourth quarter 2015 primarily reflecting a 60% drop in investment banking fees compared with fourth quarter 2014." Fourth quarter 2015 results include pre-tax expenses of $21.5 million ($18.5 million after tax) recorded in connection with the restructuring of the Capital Markets segment.

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