Newsroom

rss

June 6, 2013 - GMP Investment Management Renamed CQI Capital Management

TORONTO, June 6, 2013 – GMP Capital Inc. (GMP) (TSX:GMP) today announced that it is changing the name and brand of its asset management business to CQI Capital Management L.P. (CQI), effective immediately. The new corporate name and brand underscores the strategic repositioning of the business and the alignment of its mandate with the franchise-building efforts of GMP’s business partners at Richardson GMP Limited. In conjunction with the rebranding, the GMPIM Equity Opportunities Funds has been renamed the CQI Equity Opportunities Funds.

Read More...

May 6, 2013 - GMP Annual Meeting Voting Results

Annual Meeting of Shareholders of GMP Capital Inc. held Friday, May 3, 2013 Pursuant to Section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations REPORT OF VOTING RESULTS The following matters were voted on at the Annual Meeting of Shareholders (the Meeting) of GMP Capital Inc. (GMP) held on Friday, May 3, 2013. Full details of the matters are set out in the Notice of Meeting and Management Information Circular, which was mailed to shareholders prior to the Meeting and is available at www.gmpcapital.com or on SEDAR at www.sedar.com. The Board of Directors and management of GMP recommended that shareholders vote: (i) FOR the election as director of each of the nine nominees listed in the Management Information Circular; and (ii) FOR the appointment of Ernst & Young LLP as auditors of GMP.

Read More...

May 3, 2013 - GMP Announces Q1/13 Results

For further information about GMP Capital Inc., our results for first quarter 2013 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, 2013 (First Quarter 2013 Financial Statements) and our management's discussion and analysis for the three months ended March 31, 2013 (First Quarter 2013 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 2013 Financial Statements prepared in accordance with International Financial Reporting Standards (IFRS).

Toronto, May 3, 2013 - GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $48.8 million in first quarter 2013, down 26.1% compared with the same period a year ago. GMP recorded a net loss of $0.4 million and a diluted loss per share of $0.02 in first quarter 2013 compared with net income of $0.2 million and a diluted loss per share $0.04 in first quarter 2012. Excluding specified items1, net income1 was $1.1 million in first quarter 2013 and diluted earnings per share (EPS)1 was nil.

Read More...

May 1, 2013 - GMP Completes Transaction with Fiera Capital Corporation

Toronto, May 1, 2013 – GMP Capital Inc. (GMP) (TSX: GMP) today announced that GMP Investment Management L.P. (GMP IM) has completed the transaction to sell certain advisory contracts and assets under management to Fiera Capital Corporation (Fiera) for cash proceeds of $10.8 million. This transaction was initially announced on January 18, 2013.

Read More...

April 2, 2013 - GMP to Announce First Quarter 2013 Results and Hold Annual Meeting

TORONTO, ON. (April 2, 2013) – GMP Capital Inc. (GMP) will release its first quarter 2013 financial results and hold its annual meeting of common shareholders (Annual Meeting) on Friday, May 3, 2013. First quarter results are expected to be released at approximately 6:00 a.m. (ET).

Read More...

March 19, 2013 - GMP Renews Normal Course Issuer Bid

TORONTO, March 19, 2013 - GMP Capital Inc. (GMP) (TSX: GMP) today announced that the Toronto Stock Exchange (TSX) has accepted the notice filed by GMP to renew its normal course issuer bid (2013 NCIB) program. The 2013 NCIB program commences on March 22, 2013 and will terminate on March 21, 2014, or until such earlier date on which purchases under the 2013 NCIB have been completed. Under the 2013 NCIB program, GMP is authorized to purchase for cancellation up to 4,862,233 of its common shares, representing 10% of the public float as of March 14, 2013, by way of normal course purchases effected by GMP Securities L.P. through the facilities of the TSX. As of March 14, 2013, GMP had 70,019,445 common shares outstanding.

Read More...

March 1, 2013 - GMP Announces Q4/12 and Year-End 2012 Results

  • Earned net income of $13.2 million and diluted EPS of $0.17 in fourth quarter, excluding adjusting items1
  • Fourth quarter revenue up 11% year-over-year

For further information about GMP Capital Inc., our results for fiscal 2012 and the meaning of certain references, this earnings release should be read in conjunction with our annual financial statements for the year ended December 31, 2012 (2012 Annual Financial Statements), management’s discussion and analysis for the year ended December 31, 2012 (2012 Annual MD&A) and our annual information form dated February 28, 2013 (2013 Annual Information Form), 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 2012 Annual Financial Statements prepared in accordance with International Financial Reporting Standards (IFRS).

Toronto, March 1, 2013 – GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $80.5 million in fourth quarter 2012, up 11% compared with the same period a year ago. GMP recorded net income of $6.7 million and diluted earnings per share (EPS) of $0.08 in fourth quarter 2012 compared with net income of $2.4 million and diluted EPS of $0.02 in fourth quarter 2011. Excluding adjusting items1, net income was $13.2 million1 in fourth quarter 2012 while diluted EPS was $0.171.

Read More...

January 31, 2013 - Agreement in Principle to Amend Richardson GMP Liquidity Mechanism

TORONTO, January 31, 2013 – GMP Capital Inc. (GMP) (TSX: GMP), Richardson Financial Group Limited (RFGL), a subsidiary of James Richardson & Sons, Limited, and Richardson GMP Limited today jointly announced that they have reached an agreement in principle regarding changes to the Richardson GMP Limited (Richardson GMP) shareholder liquidity event. GMP and RFGL each own approximately 32.6 per cent of Richardson GMP, with the balance being held by Richardson GMP’s investment advisory and management teams.

Read More...

January 23, 2013 - GMP to Announce Q4/12 and Year-End 2012 Results

TORONTO, ON. (January 23, 2013) – GMP Capital Inc. (“GMP”) (TSX: GMP) will release its fourth quarter and fiscal 2012 results and host an earnings conference call on Friday, March 1, 2013. Financial results are expected to be released at approximately 6:00 a.m. (ET). A conference call and live audio webcast to discuss GMP’s fourth quarter and fiscal 2012 results will be held that morning at 10:00 a.m. (ET).

Read More...

January 18, 2013 - GMP Sells Certain Assets Under Management to Fiera Capital

  • Focused on ensuring a smooth transition of assets with minimal disruption to clients
  • GMP Investment Management announces leadership transition plans

TORONTO, January 18, 2013 – GMP Capital Inc. (“GMP”) (TSX: GMP) today announced that it entered into a definitive agreement (the “Purchase Agreement”) in respect of a transaction that will result in Fiera Capital Corporation (“Fiera”) purchasing approximately $570 million in assets under management from GMP Investment Management L.P. (“GMPIM”), for cash consideration of $10.75 million.

Read More...

Review our forward-looking statements disclosure. 

If you wish to receive notification of news and events at GMP Capital Inc., please email us at investorrelations@gmpcapital.com.