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ThreeD Capital Inc C.IDK

Alternate Symbol(s):  IDKFF

ThreeD Capital Inc. is a Canada-based venture capital company. The Company is focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. Its investment strategy is to invest in multiple private and public companies across a variety of sectors globally. It seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem. It provides investors with significant exposure to ground floor opportunities in small cap stocks in their early stages and in disruptive industries, such as electric vehicles, blockchain, artificial intelligence (AI)/ machine learning, Internet of Things (IoT), junior resources and biotechnology. It has an investment in TODAQ Micro Inc., which allows businesses and customers to complete micropayments.


CSE:IDK - Post by User

Comment by Joe455on Apr 26, 2022 7:17pm
295 Views
Post# 34634073

RE:Results For the Three and Six Months Ended December 31, 2021

RE:Results For the Three and Six Months Ended December 31, 2021
Betteryear2 wrote:

TORONTO, Feb. 10, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and six months ended December 31, 2021.

As at December 31, 2021, the Company had cash, investments and digital assets of $55.9 million.

As at December 31, 2021, net asset value per share was $1.16 as compared to the June 30, 2021 value which was also $1.16. (See “Use of Non-GAAP Financial Measures” elsewhere)

Sheldon Inwentash, Chairman and CEO of ThreeD, stated “During the six months ended December 31, 2021, we were able to realize significant gains on key investments. By December 31, 2021 we were able to generate a total of $10.0 million in realized gains compared to the previous years realized gains of $6.5 million, a 54% increase. We continue adding strategic investments to our portfolio and look forward to the continued success of the Company.”

https://www.globenewswire.com/en/news-release/2022/02/10/2383351/0/en/ThreeD-Capital-Inc-Releases-Results-For-the-Three-and-Six-Months-Ended-December-31-2021.html



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