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GMP Securities to Host 2018 Charity Trading Day in Support of Covenant House Toronto

TORONTO, ON. (May 14, 2018) — GMP Capital Inc. (GMP) (TSX: GMP), a leading Canadian diversified financial services firm, announced today its subsidiary, GMP Securities L.P., will hold a Charity Trading Day on Wednesday, June 6, 2018, in support of Covenant House Toronto’s anti-sex trafficking campaign.  GMP Securities L.P. will donate 100% of all agency trading commission dollars from institutional equity trades generated that day to support Covenant House Toronto. 

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GMP Announces Election of Directors: May 3, 2018

TORONTO, ON. (May 3, 2018) – GMP Capital Inc. (GMP) (TSX:GMP) today announced that the eight nominees listed in the Management Information Circular dated March 23, 2018, were elected as directors of GMP.  The detailed results of the vote for the election of directors held at GMP’s Annual and Special Meeting of Common Shareholders (the Meeting) on Thursday, May 3, 2018, in Toronto, Ontario, are set out below.

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GMP Reports First Quarter 2018 Results

Toronto, May 3, 2018 - GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $52.5 million in first quarter 2018, up 8% compared with the same period a year ago.   First quarter 2018 net income was $4.1 million and EPS was $0.04, compared with net income of $3.5 million and EPS of $0.03 in first quarter 2017.  On an adjusted basis1, first quarter 2018 net income was $7.3 million and EPS was $0.08.

“2018 is off to a good start with meaningful growth in our investment banking businesses and ongoing solid contribution from our industry-leading wealth management franchise.  Leading the way in investment banking was significant client engagement from our cannabis and blockchain franchises.  An explicit element of our strategic agenda has been to diversify and further strengthen the non-commodities portion of our franchise and, we believe, our results this quarter evidences we are on the right path," said Harris Fricker, President and CEO of GMP.

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