Tearlach Appoints David Flint as Director of the Company and President of Pan Am Lithium (Nevada) Corp; Charles Ross appointed as Interim CEO

Written by Customer Service on May 11, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — Tearlach Resources Limited (TSXV: TEA) (OTC: TELHF) (FRANKFURT: V44) (“Tearlach” or the “Company”) is pleased to announce the immediate appointment of David Flint as a Director of the Company and President of Pan Am Lithium (Nevada) Corp., the Company’s wholly-owned subsidiary, whereby Mr. Flint will lead the Company’s exploration in Nevada. Charles Ross has been appointed as interim CEO. Mr. Flint has led the Gabriel exploration team, spearheading the development and execution of the current exploration plan, which has consistently advanced the Company’s Nevada project. With an extensive background as a metals geologist, Mr. Flint boasts over 35 years of invaluable experience. Most recently, he served as the VP of Exploration for Allied Nevada Gold, where he successfully...

VitalHub Corp. Reports First Quarter 2023 Results

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Interim Condensed Consolidated Financial Statements and Management’s Discussion and Analysis report for the three months ended March 31, 2023, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. “We began 2023 with record first-quarter revenue with continued robust positive year-over-year and sequential momentum,” said Dan Matlow, Chief Executive Officer of VitalHub. “Positive organic growth (17%) and accretive inorganic growth contributed to our 34% Q1 2023 revenue increase. Strong double-digit year-over-year growth in term licences, maintenance and support, and triple digit growth in services and hardware, more than...

Prime Mining Announces Financial Results and Appoints New Executive

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the quarter ended March 31, 2023. Unless otherwise stated, all amounts are presented in Canadian dollars. Prime is focused on the exploration and development of its wholly owned high-grade Los Reyes Gold-Silver Project in Sinaloa State, Mexico (“Los Reyes” or the “Project”). Prime released an updated mineral resource estimate (“MRE”1) for the Los Reyes Gold-Silver Project on May 2, 2023 that included Prime drilling results through December 2022. The MRE contains 1.47 million Indicated gold equivalent (“AuEq”2) ounces at a 1.68 grams per tonne (“gpt”) average grade. This is 1.0 million ounces of gold at 1.16 gpt and...

Mount Logan Capital Inc. Announces First Quarter 2023 Financial Results

Written by Customer Service on May 11, 2023. Posted in Dividend Reports And Estimates.

Increases MYGA Volumes Quarter-over-Quarter, Increases Insurance Net Investment Income Year-over-Year, Successfully Transitions to IFRS 17 Declares Quarterly Distribution of C$0.02 Per Common Share in the Second Quarter of 2023, Marking the Fifteenth Consecutive Quarter of a Shareholder Distribution TORONTO, May 11, 2023 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) announced today its financial results for the quarter ended March 31, 2023. All amounts are stated in United States dollars, unless otherwise indicated. The financial results have been adjusted for the adoption of IFRS 17 Insurance Contracts (“IFRS 17”) which became effective January 1, 2023. IFRS 17 is effective for years beginning as of January 1, 2023, and has been applied retrospectively with a transition date of January...

Vitru Announces Share Buyback Program

Written by Customer Service on May 11, 2023. Posted in Public Companies.

FLORIANÓPOLIS, Brazil, May 11, 2023 (GLOBE NEWSWIRE) — Vitru Limited (Nasdaq: VTRU) (“Vitru” or “Company”) announces that its Board of Directors has approved a share buyback program to purchase up to 500,000 of its common shares until the earlier of the completion of the buybacks and May 15, 2024. Under the share buyback program, the buybacks may be made from time-to-time in the open market and pursuant to negotiated purchases in compliance with Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company expects to finance the purchases with own cash balances derived from retained and future earnings. Just as a reference, at the closing share price of May 10, 2023 (US$15.01, or approximately R$75.00 at the current foreign exchange rate), the program would amount to buybacks of...

Crew Energy Announces Annual Meeting Results for Election of Directors

Written by Customer Service on May 11, 2023. Posted in Public Companies.

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented, liquids rich natural gas producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce the voting results for the election of directors at our annual general meeting of shareholders held on May 11, 2023 (the “Meeting“). Each of the seven nominees proposed by Crew and as set forth in the Information Circular – Proxy Statement provided to shareholders in connection with the Meeting were elected as directors, with common shares represented at the Meeting voting in favour of individual nominees as follows: Nominee Name Votes For (%) Votes Withheld (%) John A. Brussa 90.52% 9.48% Gail A. Hannon 98.45% 1.55% John M. Hooks 92.22% 7.78% Karen...

Osisko Development Announces Results of Annual Meeting of Shareholders

Written by Customer Service on May 11, 2023. Posted in Public Companies.

MONTREAL, May 11, 2023 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) announces the results of its annual meeting of shareholders (the “Meeting“) held on May 11, 2023. A total of 53,200,216 common shares were voted at the Meeting, representing approximately 63.7% of the total issued and outstanding common shares of the Company as of the record date of the Meeting. A summary of the results for the items voted at the Meeting are as follows: 1. Election of Directors Each of the directors listed as nominees in Osisko Development’s Management Information Circular (the “MIC“) dated March 31, 2023, was elected to the board of directors of the Company to serve for the ensuing year or until their successors are duly elected...

Vitru announces the beginning of the transition period of the co-CEO structure

Written by Customer Service on May 11, 2023. Posted in Public Companies.

FLORIANÓPOLIS, Brazil, May 11, 2023 (GLOBE NEWSWIRE) — Vitru Limited (Nasdaq: VTRU) (“Vitru”) announced today the beginning of the transition away from its co-CEO structure involving William Matos and Pedro Graça. In August 2021, Vitru announced the business combination with Cesumar – Centro de Ensino Superior de Maringá Ltda, or “UniCesumar”, and the beginning of an integration period in which William Matos would hold the position of co-CEO of Vitru, alongside Pedro Graça, upon completion of the business combination, which took place in May 2022. The integration period brought together two executives with significant track-records in the Brazilian education sector and was key to benefit from the potential and best practices of both brands. Pedro Graça, with years of experience in the technology and distance learning sectors, joined...

Euro Manganese Reports Second Fiscal Quarter 2023 Financial Results and Project Developments

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the “Company” or “EMN”) is pleased to announce key developments during the second fiscal quarter and to date. The Company has now filed its March 31, 2023 Second Fiscal Quarter Financial Statements and Management’s Discussion and Analysis. Euro Manganese reports to a fiscal year-end of September 30. Key Developments During and Subsequent to the Quarter Production of 99.9% pure HPEMM from Chvaletice Demonstration Plant significantly de-risks the process flow sheet. External laboratory testing confirmed that the first sample of high-purity electrolytic manganese metal (“HPEMM”) has met the Demonstration Plant target specifications. High-purity manganese sulphate...

Firm Capital Property Trust Reports Q1/2023 Results

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

Accretive Acquisition of Trust Units via NCIBAcquisition of two Manufactured Housing Community Communities for $5.9 MMSecured $35.9 MM, 4.77% fixed rate mortgage on Industrial PortfolioNo Floating Rate Mortgage Debt TORONTO, May 11, 2023 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to report its financial results for the three months ended March 31, 2023. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 66 commercial properties with a total gross leasable area (“GLA”) of 2,555,185 square feet, five multi-residential complexes comprised of 599 units and four Manufactured Home Communities comprised of 536 units. The portfolio is well diversified and defensive in terms of geographies and property asset types, with 50% of NOI (37% of asset value) comprised of grocery anchored...

Day: May 11, 2023

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