Quinsam Capital Corp (QCAAF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Well, it's 10 o'clock, so... We're going to get... Hold on, I'm just going to mute people here. Hello. Hello. All right. Well, welcome, everybody, and at least welcome to the third quarter conference call. I'm going to assume that everyone's already looked at the results and probably read the press release, so I'm not going to go into, you know, what's already there. Third quarter, basically, we were slightly in the black, which is not terribly dramatic one way or the other. And there wasn't a lot of activity in the court. So really, the key update is what's going on here in Q4. We have two of our private investments that are both at this stage looking to list. The largest one, we've carried it under the name Peninsula. It's announced to go public financing with a syndicate of large investment dealers here in Toronto under the name of Rentax. It's a U.S. single-family rental business. It's out there in the market now trying to raise funds at $1.90. Our carrying value is quite a bit below that. At this stage, they're in marketing. I understand that it's going sort of okay. We're hopeful that the transaction will complete. There's probably, I'm guessing, some risk in the $1.90 price, but we'll see. That's an important development for Q4, and obviously we hope that it goes ahead. The other gold public that we're looking at here in Q4 is a company called Electro Metals. That is a, you know, it's a relatively traditional Canadian mining story, copper gold properties. And, you know, the market obviously for mining is relatively good right now. They are awaiting final approval from the exchange to list. I understand they're down to the short strokes and that they expect to get final listing approval in the next week or two. And once they have that listing approval, they bel...