Morning, everyone. Welcome to the Quinsam Q4 conference call. We'd like to keep this relatively informal, mostly an opportunity for questions. Q4 , we made a small profit. Had a positive impact on net asset value, which is still at that point approximately CAD 0.10. We've also, you know, said that we've closed the books more or less on Q1. We'll probably be reporting that in a week or two. We've told the market that that quarter we expect to see NAV grow again, you know, based on the performance of public equities during the quarter. Did wanna focus on a couple of interesting developments, you know, over the last number of months.
One is an investment that we made early in this quarter, Deep Sea Minerals. The investment's still under four-month hold. We put CAD 100,000 in at CAD 0.40, and it's currently trading over CAD 2.00. That's about CAD 0.005 contributed to NAV at this point. Although obviously, when the hold comes off, there may be selling and, it's possible that, you know, the stock won't stay here, but it's a nice situation for the time being. We've also seen some really nice performance from Nevada Organic Phosphate. It was at CAD 0.25 yesterday. We made a number of investments, all at a combination of CAD 0.05 and occasionally CAD 0.03.
That has been a really nice performer, particularly since year-end. The other unusual one I wanna highlight is Peninsula. We've owned Peninsula for quite some time and a number of years. It's a U.S. residential rental business. They own 2,000 single-family homes, mostly in New York State and Cleveland and, you know, a little bit in some other areas. They were looking at doing an RTO late last year. You know, Trump started making comments about corporate ownership of single-family homes, and that kind of wrecked that situation at that point. They're now going ahead with a direct listing. In the first quarter, they needed some money quickly to close an acquisition and pay for the listing costs.
Quinsam and a couple of other parties agreed to basically, from a practical standpoint, we would be backstopping a rights issue at a very low bargain price. And we ended up adding CAD 250,000 of Peninsula just recently at CAD 0.50, which is the same price it raised money at at the very beginning three or four years ago. Now we're looking at a situation where the NAV's about CAD 1.90, and they're proposing to go out with a 3% dividend yield on that CAD 1.90 in the coming weeks. You know, very hard to say with a direct listing, you know, what something will trade at.
When you've got a dividend of close to CAD 0.06 and CAD 1.90 of NAV, and lots of comparables, you know, to this situation, we think that it's gonna trade at a very significant premium to where we put that most recent money in. You know, at this point, you know, the markets are behaving in a very good way. We're seeing NAV grow. We've been continuing to look for an interesting RTO transaction. There is one investment we made in the current quarter, that has the potential to be that transaction. It's early days though. It's a company called Bond Intelligence.
They are a company that is in the electronic media business, you know, putting screens in major retail chain stores and doing a revenue share on advertising with them. They did a funding, and they are planning to list in the next number of months. We participated in the funding to get to know them better. I would say it's a possibility that something happens with them, you know, for some or potentially all of our assets. I'd say more likely some of our assets. I, you know, couldn't assess the probability at this point of something happening. It's probably still a minority chance, but it is something that is a possibility.
I guess at this point, I would, you know, ask if anyone has any questions they would like to ask. No questions? Well, if there are no questions, thank you very much for attending, and we'll talk to you next quarter. Please feel free to reach out at any point. Thanks a lot. Bye-bye.