dealnet-capital-corp Archives

Dealnet Reports Significant Cash Generation in Record Quarter

By Publisher on November 29, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 11/29/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS), reported today its results for the three and nine month periods ending September 30, 2016. All results are reported under International Financial Reporting Standards ("IFRS") and in Canadian dollars, unless otherwise specified.Performance in the third quarter is underscored by the following significant operational achievements (compared to the se

Dealnet Enters into Multiple Vendor Finance Agreements with Distributors and Manufacturers of Home Improvement Products

By Publisher on October 31, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 10/31/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS) is pleased to announce that it has entered into multiple vendor finance agreements with distributors and manufacturers of home improvement products in Canada ("OEM–s").Over the past several months, the Company has worked closely with many OEM–s and has entered into three strategic relationships that are expected to expand the Company–s dealer b

Dealnet Announces Preliminary Consumer Finance Originations and Securitizations for Q3 2016

By Publisher on October 19, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 10/19/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS) has released preliminary selected financial information for the quarter ended September 30, 2016. Starting with this quarter, the Company will provide preliminary selected financial information ahead of the release of the Company–s full results."We are pleased to report record originations and securitizations in the third quarter, reflecting a successf

Dealnet Announces Annual General Meeting Voting Results and Appointment of Daniel Wittlin to Board of Directors

By Publisher on October 13, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 10/13/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS) is pleased to announce that the six director nominees listed in its management information circular dated August 25, 2016 (the "MIC") were elected as directors at the Company–s Annual General Meeting of Shareholders held earlier today in Toronto, Ontario (the "Meeting").The following six individuals nominated to serve as directors of De

Dealnet Reports Continued Growth in Consumer Finance Receivables Driven by Strong Origination Volumes in the Second Quarter of 2016

By Publisher on August 29, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 08/29/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS), reported today its second quarter 2016 results for the three and six month periods ending June 30, 2016. All results are reported under International Financial Reporting Standards ("IFRS") and in Canadian dollars, unless otherwise specified.Second Consecutive Quarter of Record Origination Volumes of $20.5 Million as a result of organic growth thr

Dealnet Sets Date for Release of Q2 2016 Results

By Publisher on August 18, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 08/18/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS), will release its second quarter results on Monday August 29(th) before market open. A conference call to discuss Dealnet–s financial results will be held thereafter at 10:00 A.M. Eastern Time.Q2 2016 CONFERENCE CALL DETAILS:About Dealnet Capital Corp.Dealnet is an engagement enabled consumer finance company that is initially focused on home improvement fi

Dealnet–s New Funding Capacity Exceeds $100 Million

By Publisher on July 28, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 07/28/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS), is pleased to announce the expansion of its credit facilities and an update with respect to the exercise of the Company–s common share purchase warrants.Credit FacilitiesToday the Company closed a securitization facility with a major Canadian life insurance company providing $75 million in funding for the Company–s lease and loan products.The Company als

Dealnet Achieves $100 Million Milestone

By Publisher on June 29, 2016 Picture Gallery, Software

TORONTO, CANADA — (Marketwired) — 06/29/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS) is pleased to announce that it has surpassed the $100 million finance receivable milestone in June."This milestone represents a significant turning point for the Company. The $100 million portfolio has been our internal benchmark representing the scale that drives accretive economics on each additional loan throughout the long term duration of our portf

Dealnet Reports Record Originations, Consumer Finance Receivables and Revenues in First Quarter of 2016

By Publisher on May 30, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 05/30/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS), reported today its first quarter 2016 results for the three months ending March 31, 2016. All results are reported under International Financial Reporting Standards ("IFRS") and in Canadian dollars, unless otherwise specified.Record Origination Volumes of $12.1 Million as result of organic growth as Dealnet ramped up its Consumer Finance division

Dealnet Sets Date for Release of Q1 2016 Results

By Publisher on May 25, 2016 Picture Gallery, Software

TORONTO, ONTARIO — (Marketwired) — 05/25/16 — Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE: DLS), will release its First Quarter results on Monday May 30th before market open. A conference call to discuss Dealnet–s financial results will be held thereafter at 10:00 A.M. Eastern Time.About Dealnet Capital Corp.Dealnet is an engagement enabled consumer finance company that is initially focused on home improvement finance solutions including heating vent