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