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Financial Results for the Year Ended December 31, 2023

Retrieved on:

Tuesday, April 2, 2024

Urbanization, Growth, Environment, International, International Financial Reporting Standards, Sale, News, Bank statement, TSX, Investment, NOT, Analysis, HFP

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the year ended December 31, 2023. All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from the annual consolidated financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”), except as otherwise noted.

Key Points:

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the year ended December 31, 2023.
The financial results are derived from the annual consolidated financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”), except as otherwise noted.
Results for the fourth quarter also include $5.3 million of expenses offset by interest income and dividends of $2.3 million.
A material weakness was identified in the company’s internal control over financial reporting for the year ended December 31, 2023.

Helios Fairfax Partners to Host Investor Presentation on Wednesday, April 10, 2024 at 2:30 pm ET and Annual General Meeting of Shareholders on Tuesday, May 14, 2024 at 11:00 am ET

Retrieved on:

Friday, March 15, 2024

Annual, NOT, TSX, The Ritz-Carlton Hotel Company, HFP

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) (“HFP”) today announced it will host an Investor Presentation on Wednesday, April 10, 2024 at 2:30 pm ET in-person at the Ritz-Carlton Hotel, 181 Wellington Street West, Toronto, Ontario, and virtually via live webcast. To register in advance and join the Investor Presentation webcast visit: https://hfpinvestorpresentation2024.can.chime.live/. On the day of the meeting please connect approximately 15 minutes prior to the beginning of the webcast to ensure participation.

Key Points:

To register in advance and join the Investor Presentation webcast visit: https://hfpinvestorpresentation2024.can.chime.live/ .
On the day of the meeting please connect approximately 15 minutes prior to the beginning of the webcast to ensure participation.
HFP will also host its Annual General Meeting of Shareholders on Tuesday, May 14, 2024 at 11:00 am ET as a virtual meeting.
On the day of the meeting please connect approximately 15 minutes prior to the beginning of the webcast to ensure participation.

HOPE for Prisoners Welcomes Chad Hirschi to Board of Directors

Retrieved on:

Friday, February 2, 2024

Partnership, Crystal, Prisoner, HPF, HOPE, HFP, SDCC, Hirschi, NDOC, Education, Engelstad Foundation, Workforce, Nursing

LAS VEGAS, Feb. 2, 2024 /PRNewswire/ -- HOPE for Prisoners (HFP), a Nevada-based nonprofit providing formerly incarcerated people with long-term support and services, announced today the appointment of Chad Hirschi to its Board of Directors.

Key Points:

LAS VEGAS, Feb. 2, 2024 /PRNewswire/ -- HOPE for Prisoners (HFP), a Nevada-based nonprofit providing formerly incarcerated people with long-term support and services, announced today the appointment of Chad Hirschi to its Board of Directors.
Chad Hirschi is an entrepreneur who constantly seeks ways to create, build, mold, and inspire.
Founded in 2009 with his wife Crystal, Hirschi Companies provides services in both the residential and commercial construction sectors with Hirschi Masonry, Hirschi Trucking, Hirschi Iron, and Hirschi Powder Coating.
"Chad holds a long and accomplished record of serving our community in multiple facets," said Jon Ponder founder and CEO of HOPE for Prisoners.

Total Health, a Healthcare Funding Partners ("HFP") Portfolio Company, Sets New Standards in Impact Investing by Donating $1 for each Affordable Care Act Enrollment Through its Platform

Retrieved on:

Thursday, January 18, 2024

Organization, HFP, Organic, ACA, Human, BOCA, Affordable Care Act

BOCA RATON, Fla., Jan. 18, 2024 /PRNewswire/ -- Total Health, a leading healthcare organization under the umbrella of Healthcare Funding Partners (HFP), proudly announces a groundbreaking initiative in impact investing during the 2024 Affordable Care Act (ACA) open enrollment period.

Key Points:

BOCA RATON, Fla., Jan. 18, 2024 /PRNewswire/ -- Total Health, a leading healthcare organization under the umbrella of Healthcare Funding Partners (HFP), proudly announces a groundbreaking initiative in impact investing during the 2024 Affordable Care Act (ACA) open enrollment period.
Michael S. Hilf and Chad I. Sokoloff, the CEO and COO of HFP, remarked, "This initiative embodies our belief in the transformative power of impact investing.
By aligning its mission with a philanthropic approach, Total Health sets a new standard in impact-driven investments within the healthcare sector.
For more information on Total Health's impact investing initiatives and collaborations, please visit ACAplans.com / HealthcareFundingPartners.com **

HOPE for Prisoners Hosts 101 Christmases for Children of Incarcerated Parents

Retrieved on:

Monday, December 11, 2023

HOPE, HFP, Recidivism, Robert Walters Group, INC, Dress, SOS, 90.5 FM, Star, Nevada Department of Corrections, Linda Johnson (poker player), Partnership, Radio, Prisoner, Magic Forest: The Anthology, Education

LAS VEGAS, Dec. 11, 2023 /PRNewswire/ -- HOPE for Prisoners (HFP), a Nevada-based nonprofit providing formerly incarcerated people with long-term support and services, in partnership with Nevada Department of Corrections and SOS Radio 90.5, will host its annual 101 Christmases event on Dec. 11-12, reuniting incarcerated participants with their loved ones for a truly memorable holiday celebration.

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Over two evenings, the 101 participating families will gather at The Linda and Christopher Smith Campus at Opportunity Village.
The space will be transformed into cozy individual living rooms where children will open carefully chosen gifts under twinkling Christmas trees.
Families will enjoy a traditional Christmas dinner, holiday entertainment and exclusive access to the Opportunity Village's Magical Forest.
The inaugural 101 Christmases reunited eight families and has grown to 101 families.

Helios Fairfax Partners Reports Third Quarter Financial Results

Retrieved on:

Wednesday, November 8, 2023

Sale, AGH, International Accounting Standards Committee, Sport, International, FOR, Urbanization, News, Insurance, HFP, Investment, NOT, Bank statement, International Accounting Standards Board, TSX, Life insurance, Bank

TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the three and nine months ended September 30, 2023. All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from the interim consolidated financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS"), except as otherwise noted.

Key Points:

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the three and nine months ended September 30, 2023.
The financial results are derived from the interim consolidated financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS"), except as otherwise noted.
We have also entered into an agreement to sell certain other related Legacy Non-Core Investments which are expected to be completed through 2024,” said Tope Lawani and Babatunde Soyoye, Co-CEO’s of Helios Fairfax Partners.
HFP reported a book value per share of $5.11 as of September 30, 2023, as compared to $5.13 in the prior quarter.

HOPE for Prisoners Welcomes Entrepreneur and Philanthropist Lana Fuchs to Board of Directors

Retrieved on:

Friday, October 27, 2023

Emerald, Child, NDOC, Education, Prisoner, Life, The Blueprint, Nevada Department of Corrections, HFP, Creativity, Southern Desert Correctional Center, Partnership, HOPE, Engelstad Foundation, SDCC, Mafia, Woman, Hotel, Nursing

LAS VEGAS, Oct. 27, 2023 /PRNewswire/ -- HOPE for Prisoners (HFP), a Nevada-based nonprofit providing formerly incarcerated people with long-term support and services, announced today the appointment of Lana Fuchs to its Board of Directors.

Key Points:

LAS VEGAS, Oct. 27, 2023 /PRNewswire/ -- HOPE for Prisoners (HFP), a Nevada-based nonprofit providing formerly incarcerated people with long-term support and services, announced today the appointment of Lana Fuchs to its Board of Directors.
She also hosts a reality podcast "Lana Live" where she dives deep into a range of topics, giving listeners an intimate look into each guest and experience.
"HOPE for Prisoners is the crucial link that connects motivated individuals to the tools and education needed to execute on their aspirations.
"Lana's skills and talents will be an asset to the organization," said Jon Ponder, founder and CEO of HOPE for Prisoners.

Helios Fairfax Partners Reports Second Quarter Financial Results

Retrieved on:

Wednesday, August 9, 2023

TORONTO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the six months ended June 30, 2023. All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from the interim consolidated financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS"), except as otherwise noted.

Key Points:

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the six months ended June 30, 2023.
The financial results are derived from the interim consolidated financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS"), except as otherwise noted.
“In Q2 we advanced our strategy of seeding investments by making notable investments in two new strategies, Helios Seven Rivers Fund and Helios Sports & Entertainment Group, which are expected to contribute to driving excess management fee income and carried interest proceeds,” said Tope Lawani and Babatunde Soyoye, Co-CEO’s of Helios Fairfax Partners.
The company had earnings of $7.0 million in the first quarter of 2023, which grew to $11.0 million in the second quarter of 2023, an increase of 57% during the second quarter.

Helios Fairfax Partners Announces Intention to Make a Normal Course Issuer Bid

Retrieved on:

Wednesday, June 21, 2023

NOT, FOR, Toronto Stock Exchange, Hierarchy, HFP, Issuer, TSX, Security (finance)

TORONTO, June 21, 2023 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) (“HFP”) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by HFP of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems) effective June 23, 2023. Purchases will be made in accordance with the rules and policies of the TSX and the Subordinate Voting Shares purchased by HFP will be cancelled.

Key Points:

Purchases will be made in accordance with the rules and policies of the TSX and the Subordinate Voting Shares purchased by HFP will be cancelled.
HFP is making this Normal Course Issuer Bid because it believes that in appropriate circumstances its Subordinate Voting Shares represent an attractive investment opportunity and that purchases under the bid will enhance the value of the Subordinate Voting Shares held by the remaining shareholders.
Outside of these black-out periods, Subordinate Voting Shares will be purchasable by HFP at its discretion under its Normal Course Issuer Bid.
The ASPP will terminate on the earliest of the date on which: (a) the maximum annual purchase limit under the Normal Course Issuer Bid has been reached; (b) the Normal Course Issuer Bid expires; or (c) HFP terminates the ASPP in accordance with its terms.

Helios Fairfax Partners Reports First Quarter Financial Results

Retrieved on:

Wednesday, May 10, 2023

TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the three months ended March 31, 2023. All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from the interim consolidated financial statements prepared using International Financial Reporting Standards, except as otherwise noted.

Key Points:

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the three months ended March 31, 2023.
The financial results are derived from the interim consolidated financial statements prepared using International Financial Reporting Standards, except as otherwise noted.
“The HFP team made significant progress monetizing Legacy Non-Core Investments in the first quarter of 2023, realizing of $28 million in proceeds from two Legacy Non-Core Investments.
The Annual and Special Meeting of shareholders of Helios Fairfax Partners Corporation (“HFP” or the “Company”) will be held on Thursday, May 11 at 2:00 p.m.