Day: May 9, 2023

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, May 09, 2023 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) is pleased to report its financial and operating results for the three months ended March 31, 2023 (“Q1 2023“). Q1 2023 HIGHLIGHTS Operating and financial updates:1,503 ounces of gold sold by the Company generating approximately $3.5 million in revenues in the quarter primarily from operating activities from the San Antonio Gold Project (“San Antonio“) stockpile processing via heap leach (1,202 ounces of gold sold from San Antonio).On February 24, 2023, the Company announced the issuance of 10,000 common shares of the Company in accordance with the terms of a participation...

(All dollar amounts in USD unless otherwise stated). VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (“Orezone” or “Company”) reported its operational and financial results for the three months ended March 31, 2023. The consolidated financial statements and Management’s Discussion and Analysis are available at www.orezone.com and on the Company’s profile on SEDAR at www.sedar.com. The Company will host a conference call and webcast on May 10, 2023 commencing at 8:00am PDT to discuss the Company’s first quarter results. Additional details are provided at the end of this press release. Patrick Downey, President and CEO, commented “Earnings from mine operations exceeded $39 million in Bomboré’s first full quarter of commercial production and have provided a strong start...

NEWMARKET, Ontario, May 09, 2023 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS)(OCTQX: ABSSF) (the “Company” or “AirBoss”) today announced its first quarter 2023 results. The Company’s annual general meeting will be held on Wednesday, May 10th, 2023, at 9:00 a.m. (EDT). Following the formal portion of the meeting, management will provide a presentation including a discussion of Q1 2023 results. The meeting will be accessible via live webcast or by dialing in to the numbers provided later in this release. All dollar amounts are shown in thousands of United States dollars (“U.S. $” or “$”), except per share amounts, unless otherwise noted. Recent HighlightsCash from operations increased by $38.7 million to $6.0 million for the three-month period ended March 31, 2023 (“Q1 2023”) vs. the three-month...

CALGARY, Alberta, May 09, 2023 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the first quarter ended March 31, 2023. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on May 9, 2023. All figures reported herein are Canadian dollars unless otherwise stated. FINANCIAL HIGHLIGHTS  Three Months Ended March 31,($ in thousands except per share amounts) 2023 2022Revenue – 35,792Net income 7,751 16,898Earnings per share – basic 0.15 0.34Earnings per share – diluted 0.14 0.28Adjusted EBITDA(1) 11,731 15,893Total generation – (MWh) – 393,591Total...

VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three months ended March 31, 2023, as summarized in this news release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards (“IFRS”). The reporting currency of the Company is the Canadian (“CDN”) Dollar. QUARTER HIGHLIGHTS FINANCIAL Total revenue was $92.7 million in the March 2023 quarter compared to $33.1 million in the 2022 comparative quarter. In the March 2023 quarter, the Red Chris mine (100% basis) had 2.4 concentrate shipments (2022-3.0 concentrate shipments). Mount Polley mine had 1.4 concentrate shipments (2022-nil concentrate shipments). Variations...

First Quarter in Line with Expectations; On Track to Achieve Full Year Financial Guidance TORONTO, May 09, 2023 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) reported today financial results for the three months ended March 31, 2023. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “We are off to a good start in 2023 with first quarter results largely in line with expectations,” said Mike Crawley, Northland’s President and Chief Executive Officer. Strategically, we executed our second asset level sell-down with the sale of a 24.5% interest in our ScotWind offshore wind development projects in Scotland to ESB, a leading Irish energy company. For 2023, our focus remains primarily on advancing our committed projects expected to reach financial close...

NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) — Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its first quarter ended March 31, 2023. The full detailed presentation of CSL’s first quarter 2023 results can be viewed here. Aren LeeKong, CSL’s Chief Executive Officer said, “Our first quarter results reflected the continued earnings strength and credit performance of our portfolio. The terms and pricing available in today’s loan market remain lender friendly and represent a particularly attractive vintage for putting capital to work. This backdrop allows us to be highly selective and committed to disciplined credit underwriting combined with prudent risk management.” Net investment income for the first quarter...

PHOENIX, May 09, 2023 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today reported second quarter fiscal 2023 financial and operating results. Fiscal Second Quarter Update:Total operating revenues of $121.8 million Pre-tax loss of $37.2 million, net loss of $35.1 million or $(0.88) per diluted share Adjusted net loss1 of $21.3 million or $(0.53) per diluted share Adjusted net loss excludes $13.8 million primarily related to impairment of assets held for sale Initiated CRJ-900 transition to United Airlines in March, with last American Airlines flight operated April 3rd Experiencing pilot attrition below pre-COVID levels Reduced debt by approximately $80 million primarily with proceeds from asset salesJonathan Ornstein, Chairman and CEO, said, “While our financial results reflect the ongoing transition of CRJ flying...

ACTON, Mass., May 09, 2023 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ: PMD), the world’s largest provider of hair testing for drugs of abuse, today announced financial results for the first quarter ended March 31, 2023, and the declaration of a cash dividend of $0.07 per share to be paid on June 8, 2023, to shareholders of record as of May 25, 2023. The Company’s revenue for the quarter ended March 31, 2023, was $5.9 million versus $6.5 million for the quarter ended March 31, 2022, a decrease of 10%. Net loss for the quarter ended March 31, 2023, was $(384,000) or $(0.07) per diluted share, versus net income of $39,000 or $0.01 per diluted share, for the comparable period last year. The first quarter of 2023 continued to be challenging due to the ongoing negative impact of major economic forces. The labor shortage continued,...