Day: August 10, 2022

(All amounts expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the second quarter of 2022.        Second Quarter 2022 Highlights OperationalGold and silver production of 62,171 ounces and 1,652,895 ounces, respectively. An increase of 100% and a decrease of 13% respectively compared to the second quarter of 2021 (“Q2 2021”). Gold equivalent production of 96,7123 ounces. AISC 1 per ounce of gold sold of $1,151 for the Lindero Mine and $1,565 for the Yaramoko Mine. AISC 1,2 per silver equivalent ounce of payable silver sold of $15.41 and $18.19 for the San Jose Mine and Caylloma Mine, respectively. All mine...

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Enerflex Ltd. (“Enerflex” or the “Company”) (EFX–TSX) today reported its second quarter 2022 financial and operational results. “Enerflex delivered another strong quarter, continuing to generate momentum in our business as we recover from the low activity levels we experienced over the last two years,” explained Marc Rossiter, Enerflex’s President and Chief Executive Officer. “Today, we are seeing sustained strength across all regions and product lines and are diligently protecting our margins through prudent cost control and planning efforts.” “With our base business in an advantageous position, we are focused on progressing the acquisition of Exterran Corporation,” continued Mr. Rossiter. “Enerflex and Exterran...

ATLANTA, Aug. 10, 2022 (GLOBE NEWSWIRE) — Aveanna Healthcare Holdings, Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced financial results for the three-month period ended July 2, 2022. Tony Strange, Chief Executive Officer, commented, “Despite continued challenges in the labor markets during the second quarter, including both shortages in workforce and ongoing inflationary wage pressures, we are optimistic about many aspects of our business, including reimbursement rate increases in our PDS segment during the second half of 2022 and ongoing opportunities to further solidify our relationships with our payor partners through value based pricing arrangements. The demand for our services has never been higher and we are confident...

Year-Over-Year Revenue Growth of 11% Powered by Multi-Year Partnership Renewals TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — OverActive Media (“OverActive” or the “Company”) (TSXV: OAM) (OTCQB: OAMCF), a global sports, media and entertainment company for today’s generation of fans, today released its second quarter results for the three-and six-month period ended June 30, 2022.Total revenues grew organically by 11% year-over-year driven by a 52% increase in Business Operations revenue due to higher sponsorship revenue. OverActive hosted 8,000 fans at Canada’s first-ever Call of Duty League tournament, Toronto Ultra Major III presented by Bell. A third-party transaction in the League of Legends European Championship (“LEC”) was completed at a reported valuation of $55 million (€34 million). This is significantly higher than the $12...

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the second quarter of the 2022 fiscal year. A 67% Operating Margin1,2 and a 31% Profit Margin3 in the quarter delivered a 12% Return on Capital4 and a 17% Return on Equity4, on a trailing twelve-month basis. Highlights for the quarter included:Funds from operations5 per share up 142%. Generated record $206 million in Funds from Operations (“FFO”) in Q2 2022 ($1.21/share), up from $82 million in Q2 2021 ($0.50/share) due to higher commodity price realizations combined with higher production, despite a $104 million realized hedging loss in the quarter. FFO in the quarter exceeded capital expenditures by $98 million. This represented a free cashflow...

Q2 2022 Revenue up 87% vs. Q2 2021, driven largely by the consolidation of Natura Market Strengthened leadership team with key additions and promotionsInitiating critical investments in expanded field team to support franchise partners to help drive operational excellence and improved profitabilityExpanding real estate, development and construction teams to accelerate progress of the planned development pipeline of over 100 locationsLaunched phase 1 of updated mobile app and loyalty program, with improved loyalty capabilitiesLaunching fall traffic driving initiatives intended for the current operating environment TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Omnichannel health and wellness brand, Freshii Inc. (TSX: FRII) (“Freshii”, the “Company”, “us”, “our” or “we”), today announced financial results for the second quarter ended...

TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three and six months ended June 30, 2022. All currency amounts in this press release are in Canadian dollars except as otherwise indicated. SECOND QUARTER 2022 RESULTSReported net loss from investments for the second quarter of 2022 of $52.9 million (2021 – income of $1.3 million). For the six months ended June 30, 2022, the Corporation reported a net loss from investments of $6.3 million (2021 – $9.6 million).Reported net loss attributable to owners of the Corporation for the second quarter of 2022 of $44.5 million (2021 – $11.5 million), or loss of $0.52 per share (2021 – $0.14 per share) including total non-cash items of $41.6 million (2021 – $15.0 million).For the six months...

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the second quarter ended June 30, 2022. Michael Binnion, President, and Chief Executive Officer, commented, “During the quarter, three new Kakwa wells were brought on production. Leveraging the strong commodity prices, we recorded adjusted funds flow from operations of over $12 million for the period.” Commenting on Quebec, he added, “Protecting our legal rights is our top priority after the Government of Quebec announced its plans to enact Bill 21 and revoke our licenses without meaningful compensation....

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and six months ended June 30, 2022. Q2 2022 HIGHLIGHTS:Production up 15% – Production was up 15% from 6,309 boe/d in the second quarter of 2021 to 7,280 boe/d in the second quarter of 2022 due to the new wells drilled in late 2021 and the strategic acquisition of Cardium assets located in Petrus’ Ferrier area that closed in March 2022.Funds flow(1) increased 188% – Generated funds flow of $23.2 million ($0.21 per share(2)) for the second quarter of 2022, 188% higher than funds flow of $8.1 million ($0.16 per share) for the second quarter of 2021.Operating netback(2) up 118% – Operating netback increased by 118% from $20.55/boe in...