Resource Capital Gold Corp.

TORONTO, May 5, 2023 /CNW/ - Richardson Wealth Limited (Richardson Wealth), a wholly-owned subsidiary of RF Capital Group Inc. (TSX: RCG) (RF Capital), is honoured to announce that nine of its advisors have been named to Canada's Top Women Wealth Advisors — a new ranking for 2023 that is part of The Globe and Mail's and SHOOK Research's prestigious Canada's Top Wealth Advisors program. This list showcases female advisors across the country who are raising the bar for the industry. "We are proud to have such talented women representing our firm. Cielo Carin (Mo...

TORONTO, May 5, 2023 /CNW/ - RF Capital Group Inc. (the Company) (TSX: RCG) today announced the voting results from its annual meeting of shareholders (the Meeting) held in person on Thursday, May 4, 2023, at the Toronto Region Board of Trade. At the Meeting, President & Chief Executive Officer, Kish Kapoor, provided an update on the Company's strategic initiatives and transformation, and discussed the Company's financial performance. Interested parties can access that presentation by clicking here. 1. Election of DirectorsEach of the ten nominees listed in the Company's m...

Q1 2023 Financial Highlights (vs. Q1 2022) Revenue Total revenue was consistent at $88 millionFee revenue1 decreased 8% to $63 million, reflecting a decrease in AUA2 and performance feesInterest revenue increased 179% due to higher benchmark ratesInsurance revenue increased 12% and represented 4% of total revenueCorporate finance revenue decreased 54%, which was attributable to slower new issue activity market-wideAdjusted EBITDA1 Increased 18% to $13 million, driven by an 8% increase in gross marginAdjusted EBITDA margin1 was 14.9%, up from 12.5%Adjusted operating expenses1 increased 5%, as...