Month: May 2022

PGS and TGS Expand MultiClient Coverage Offshore Canada

Written by Customer Service on May 12, 2022. Posted in Public Companies.

May 12, 2022, Oslo, Norway: PGS has, in partnership with TGS, secured pre-funding for the South Bank phase II MultiClient project offshore Canada, extending on the South Bank phase I survey acquired in 2020. The Ramform Titan will mobilize for the survey in the second half of May and acquisition is scheduled to complete in the first half of September. “We experience continued exploration interest offshore Canada, and this is the 12th consecutive year of MultiClient GeoStreamer data acquisition in the region. The South Bank phase II MultiClient survey expands our 3D data coverage in Southeast Newfoundland and will cover acreage included in the 2022 Call for Bids licensing round,” says President & CEO in PGS, Rune Olav Pedersen. “The TGS and PGS joint venture continues to successfully provide the industry with high quality data and...

Clean TeQ Water Awarded Contract to Improve Water Security in Remote Australia

Written by Customer Service on May 12, 2022. Posted in Public Companies.

Featured Image for Clean TeQ Water Featured Image for Clean TeQ WaterMELBOURNE, Australia, May 12, 2022 (GLOBE NEWSWIRE) — Clean TeQ Water Limited (ASX: CNQ) (OTCQX: CNQQF) is pleased to announce that it has been awarded a material contract with Power Water Corporation to deliver a water treatment plant to one of the 72 remote communities in the Northern Territories of Australia The plant is the first water treatment facility to be delivered as part of the Northern Territory Government’s A$28 million programs to improve water quality and supply infrastructure to prioritized areas of critical need. Groundwater is of critical importance to the water security of the 72 communities living in the Northern Territory, with temperatures expected to trend upward due to climate change. Clean TeQ Water will design, manufacture, and...

CORRECTION — Dave Reports First Quarter 2022 Financial Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

Reaffirms Fiscal Year 2022 Outlook LOS ANGELES, May 11, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Dave Inc. (Nasdaq: DAVE, DAVEW), please note the sixth bulletpoint under “First Quarter 2022 Highlights” should read “Adjusted EBITDA* of $(18.3) million, compared to $(8.0) million in the first quarter of 2021” instead of “Adjusted EBITDA* of $18.3 million, compared to $8.0 million in the first quarter of 2021”. The corrected release follows: Dave Inc. (Nasdaq: DAVE, DAVEW) (“Dave”), a banking app on a mission to build products that level the financial playing field, today reported its financial results for the first quarter ended March 31, 2022. “We experienced record Q1 2022 results, with 24% year over year revenue growth and 340,000 net new members added...

Knight to Present at the 2022 RBC Capital Markets Global Healthcare Conference in New York City

Written by Customer Service on May 12, 2022. Posted in Public Companies.

MONTREAL, May 11, 2022 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight”), a leading pan-American (ex-US) specialty pharmaceutical company, announced today that Samira Sakhia, President and Chief Executive Officer, is scheduled to participate in a fireside chat at the 2022 RBC Capital Markets Global Healthcare Conference on Wednesday, May 18, 2022 at 8:30 am ET at the InterContinental New York Barclay hotel in New York City. About Knight Therapeutics Inc. Knight Therapeutics Inc., headquartered in Montreal, Canada, is a specialty pharmaceutical company focused on acquiring or in-licensing and commercializing pharmaceutical products for Canada and Latin America. Knight owns Biotoscana Investments S.A., a pan-Latin American specialty pharmaceutical company. Knight’s Latin American subsidiaries operate...

SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2022

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

Substantive improvement in retail leasing momentum across the portfolio with growth from both existing and new tenants; FFO per Unit(1) for Q1 2022 increased by $0.02 or 4.1% as compared to the same period in 2021; Progress in zoning approvals on strategic projects, together with improved market conditions, contributed to $237.7 million in incremental property values, leading to net income and comprehensive income for Q1 2022 increasing to $370.1 million compared to $60.6 million for the same period in 2021; from an increase of $1.71 per Unit; Total unencumbered assets(1) increased from $5.9 billion at March 31, 2021 to $8.4 billion at quarter end; and Continued advancement of non-retail pipeline of 283 projects representing approximately 59 million square feet across the network (41 million square feet at the Trust’s share).TORONTO,...

Prairie Provident Resources Announces First Quarter 2022 Financial Results and Successful First Quarter Drilling Program

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 11, 2022 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce our operating and financial results for the three months ended March 31, 2022. PPR’s unaudited condensed interim consolidated financial statements for the three months ended March 31, 2022 (“Interim Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) are available on our website at www.ppr.ca and filed on SEDAR. MESSAGE TO SHAREHOLDERS Tony Berthelet, President & Chief Executive Officer commented: “The production results from our first quarter Michichi drill campaign confirms the optimized wellbore placement in the lower Banff, and the benefit of increased stage count on initial production results. We will...

Epsilon Reports First Quarter 2022 Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

HOUSTON, May 11, 2022 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported first quarter 2022 financial and operating results and material subsequent events following the end of the quarter through the date of this release.Cash provided by operations of $7.7 million for the three ended March 31, 2022, with free cash flow (FCF) of $4.8 million for the same period.Realized natural gas prices of $4.04/Mcf including hedges ($4.55/Mcf excluding hedges) for the three months ended March 31, 2022. Total net revenue interest (NRI) gas production averaged 26.1 MMcf/d (Working Interest of 30.1 MMcf/d) for the first quarter. There were 5 gross (.58 Net) wells shut-in at quarter end. Working interest exit rate for the third quarter was 25.3 MMcf/d.Auburn System gathered and delivered 18.3...

Dundee Corporation Transformation Shows Progress and Generates Profit in First Quarter of 2022

Written by Customer Service on May 11, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 11, 2022 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months ended March 31, 2022. All currency amounts in this press release are in Canadian dollars except as otherwise indicated. FIRST QUARTER 2022 RESULTSReported net income from investments of $46.6 million (2021 – loss of $10.9 million).Reported net earnings attributable to owners of the Corporation of $31.1 million (2021 – loss of $19.7 million), or earnings of $0.34 per share before the effect of any dilutive securities (2021 – loss of $0.23 per share). Including the effect of dilutive securities, the Corporation reported earnings of $0.33 per share for the current year.Reduced total corporate G&A costs by 9% compared to the first quarter of 2021, excluding the...

Razor Energy Corp. Announces Closing of Oversubscribed Flow-Through Rights Offering

Written by Customer Service on May 11, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. CALGARY, Alberta, May 11, 2022 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor”) (TSXV: RZE) in conjunction with FutEra Power Corp. (“FutEra”), a wholly owned subsidiary of Razor, is pleased to announce that it has completed its previously announced rights offering to eligible holders of Razor’s common shares (the “Common Shares”) of record at the close of business on April 7, 2022. The Rights Offering expired on May 6, 2022, with the rights trading on the TSX Venture Exchange (the “TSXV”) under the symbol “RZE.RT” being de-listed on that date. The Rights Offering received support from Razor’s shareholders with exercise of 67% of the rights available...

Mercer International Inc. to Attend Upcoming Barclays Leveraged Finance Conference

Written by Customer Service on May 11, 2022. Posted in Public Companies.

NEW YORK, May 11, 2022 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today announced that David K. Ure, Senior VP Finance, CFO & Secretary, will be attending the following upcoming conference: Barclays Leveraged Finance ConferenceOmni Barton Creek8212 Barton Creek Drive, Austin, TX 78735Tuesday, May 24, 2022 A copy of the presentation will be posted in the “Investors – News Releases & Presentations” section on the Company’s web site (https://mercerint.com/investors/news-releases-presentations/) on the morning of the event. At Mercer International Inc., we are exceptional people creating bioproducts for a more sustainable world. We are a diversified global producer of forest products, bioproducts, and green electricity with operations in Germany, Canada, the United States, and Australia with a consolidated...

Month: May 2022

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