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DELMA Group acquires $50 million diversified Portfolio

DELMA Group acquires $50 million diversified Portfolio

Montreal, Friday, July 13th, 2018 – (CSE:DLMA) The Delma Group Inc. (“Delma” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Delma Real Estate Corporation has closed a transaction on July 12, 2018 with Gestion H. Petit Inc. (“HPH”) and four of its operating subsidiaries (namely GHP Real Estate Corporation Inc., Emergia Real Estate Inc., Aux 22 Sentiers Inc., and 9335-5709 Quebec Inc.) (the “Acquired Companies”). Delma purchased all of the issued and outstanding shares of the Acquired Companies for a net price of $14.9M paid by the issuance of Delma common shares, at a price of $6.00 per share. (the “Transaction”). Over the last few months, Delma acquired from the Acquired Companies a real estate portfolio worth approximately $50,000,000.

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DELMA Group acquires LUPA Investments Inc.

DELMA Group acquires LUPA Investments Inc.

Montréal, May 9, 2018 – After announcing the acquisition of an office building and a development site on April 30th, 2018, valued at 10,4M$, DELMA Real Estate Corporation (“DREC”), a wholly owned subsidiary of DELMA Group Inc. (CSE:DLMA) (“DELMA”) is proud to announce its acquisition of Lupa Investments Inc. (“Lupa”), a real estate holding company that owns four (4) buildings and properties located in Montreal and Longueuil, comprising two (2) industrial multi-tenant buildings totaling 41,000 sq. ft. and two commercial multi-tenant building totaling 24,500 sq. ft., including potential for development.

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With an estimated investment of 25-million dollars, a unique concept will emerge in the spring of 2019 in Bromont

With an estimated investment of 25-million dollars, a unique concept will emerge in the spring of 2019 in Bromont

With an estimated investment of 25-million dollars and after more than three years spent conceptualizing, a unique concept will emerge in the spring of 2019 in Bromont: ISLO, a state-of-the-art recreational and wellness resort. The resort will showcase water in its many forms with spectacular facilities and recreational activities stemming from well-being and relaxation. ISLO will cover an area of 75,000 square feet and will have the capacity to welcome over 300,000 guests of all ages, every year. Amerispa, the largest banner of spa centres in the country, is proud to partner with Groupe Delma to implement this project and to manage operations.

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Four real estate companies join forces to form DELMA Group and announce its listing on the CSE stock market

Four real estate companies join forces to form DELMA Group and announce its listing on the CSE stock market

Montréal, March 23, 2018 – Four Canadian real estate companies today announced that they are consolidating their operations under the name of DELMA Group Inc. (“Delma Group “). The new company was born from the merger of Delma Resorts & Hotels, Delma Properties Canada LP, SEC Bromont 1 and Aydon Income Properties Inc. With the completion of the merger on January 19, 2018, the DELMA Group is listed on the Canadian Securities Exchange (CSE) under the symbol DLMA.

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Aydon Enters into Share Purchase Agreement with the Delma Group

Aydon Enters into Share Purchase Agreement with the Delma Group

VANCOUVER, BC July 25, 2017: (CSE: AYD) Aydon Income Properties Inc. (“Aydon” or the “Company”) is pleased to announced that it has entered into a Share Purchase Agreement dated July 24th, 2017 (the “Agreement”) with the Delma Group (Delma Resorts & Hotels GP Inc., Delma Properties Canada LP, Delma Resorts & Hotels LP, Société En Commandite Bromont I, 9216-3583 Québec Inc.) whereby Aydon will acquire all of the issued and outstanding shares and units of the Delma Group (the “Purchased Securities”) for a price of $50,327,000 paid by the issuance of Aydon common shares (the “Proposed Transaction”).

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