Victoria Gold: 2023 First Quarter Financial Results

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

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce its first quarter 2023 summary financial and operating results. The Company uses certain non-IFRS performance measures throughout this news release. Please refer to the “Non-IFRS Performance Measures” section of this news release for more information. All currency figures are in Canadian $ unless otherwise indicated. This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2023 and 2022, available on the Company’s website or on SEDAR. First Quarter 2023 Highlights Gold produced 37,619 ounces Average gold price realized $ 2,526 per ounce Revenue (000s) $ 96,549 Gross Profit (000s) $...

Nova Leap Health Corp. Posts Q1 2023 Results

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

Revenue in USD $ Revenue in USD $ Adjusted EBITDA & Operating Income (Loss) in USD $ Adjusted EBITDA & Operating Income (Loss) in USD $ NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, May 11, 2023 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a growing home health care organization, is pleased to announce the release of financial results for the quarter ended March 31, 2023. All amounts are in United States dollars unless otherwise specified. Nova Leap Q1 2023 Financial Results Financial results for the first quarter ended March 31, 2023 include the following: Q1 2023 revenues of $6,396,076 decreased by 5.7% relative to Q4 2022 revenues of $6,780,083 and by 12.3% relative to Q1 2022 revenues of $7,296,609. Q1...

Canacol Energy Ltd. Reports a 12% Increase in Netback and an Adjusted EBITDAX of $61 million in Q1 2023

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

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months ended March 31, 2023. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices (“C$”) where indicated and otherwise noted. Highlights for the three months ended March 31, 2023 Adjusted EBITDAX increased 23% to $60.9 million for the three months ended March 31, 2023, compared to $49.6 million for the same period in 2022. The Corporation’s natural gas and LNG operating netback increased 12% to $4.01 per Mcf for the three months ended March 31, 2023, compared to $3.58 per Mcf for the same period in 2022. The increase is mainly due to an increase in average sales prices, net...

Cyclerion Announces Corporate Updates and Q1 2023 Financial Results

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

Definitive agreement reached with new company (“NewCo”) established by certain Cyclerion shareholders and new investors Cyclerion to receive $8M in cash and 10% equity in NewCo in exchange for its zagociguat and CY3018 assets Definitive agreement signing triggers previously announced $5M equity investment in Cyclerion Cyclerion CEO Peter Hecht Ph.D. to lead NewCo while continuing to serve on the Cyclerion board as one of the company’s largest shareholders Biopharma executive Errol De Souza Ph.D. elected as chair of the Cyclerion board CAMBRIDGE, Mass., May 11, 2023 (GLOBE NEWSWIRE) — Cyclerion Therapeutics, Inc. (Nasdaq: CYCN) today announced corporate updates and first quarter 2023 financial results. Definitive Agreement Signed On May 11, 2023 Cyclerion entered into a definitive agreement to sell two of its sGC* stimulator...

Titan Reports First Quarter 2023 Results

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

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company“) announces the results for the quarter ended March 31, 2023. (All amounts are in U.S. dollars unless otherwise stated) Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan’s ESM operations had an outstanding beginning to 2023 with a solid first quarter hitting or exceeding targets for the major metrics in safety and production while continuing to pay a quarterly dividend. Development planning and execution as well equipment purchases for the Sphaleros project continued on target for the quarter.” Q1 2023 HIGHLIGHTS: Zinc production of 13.8 million payable pounds and sales of 14.8 million payable pounds, up 37% and 43% respectively when compared to Q1 2022 $16.7 million in...

Guardian Capital Group Limited (TSX: GCG; GCG.A) Announces 2023 First Quarter Operating Results

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

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) — All per share figures disclosed below are stated on a diluted basis. For the three months ended March 31, 2023 2022 ($ in thousands, except per share amounts) Restated Net revenue $ 54,493 $ 51,824 Operating earnings 11,240 13,507 Net gains (losses) 18,134 (9,749 ) Net earnings from continuing operations 26,442 224 Net earnings from discontinued operations 553,743 5,591 Net earnings 580,185 5,815 EBITDA(1) $ 17,371 $ 17,504 Adjusted cash flow from operations(1) 18,097 16,778 Attributable to shareholders: Net earnings (loss) from continuing operations $ 26,114 $ (353 ) Net earnings ...

Nevada Copper Files Financial Statements and MD&A for the Quarter Ended March 31, 2023

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

YERINGTON, Nev., May 11, 2023 (GLOBE NEWSWIRE) — Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) today announced that it has filed its consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the quarter ended March 31, 2023. These filings can be found on the Company’s website at www.nevadacopper.com and the Company’s SEDAR profile at www.sedar.com. About Nevada Copper Nevada Copper (TSX: NCU) is the owner of the Pumpkin Hollow copper project located in Nevada, USA with substantial reserves and resources including copper, gold and silver. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. Randy...

The Sustainable Green Team, LTD. Shares Updates on its Annual Shareholder Meeting

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

Orlando, FL, May 11, 2023 (GLOBE NEWSWIRE) — The Sustainable Green Team, LTD. (OTCQX: SGTM) (“SGTM” or the “Company”), a provider of environmentally conscious solutions in the arbor care, disposal, and recycling industries shares updates on its Annual Shareholder Meeting. SGTM has moved its Annual Shareholder Meeting from May 12, 2023 to June 9, 2023, at 9:00am Eastern Time. The meeting will be held to discuss its Fiscal 2022 YE and Q1 2023 results, including highlights, its upcoming outlook, and, to consider and act upon the following proposals: The election of three directors to the Board of Directors to serve until the Company’s 2024 Annual Meeting of Stockholders; The ratification of Auditors; and, Such other business as may properly come before the Annual Meeting. The Company has fixed the close of business on May 12,...

Precision Drilling Corporation Announces Voting Results From the 2023 Annual Meeting of Shareholders

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

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the results of the election of board members at its 2023 Annual Meeting of Shareholders held on May 11, 2023 (the “Annual Meeting”). Shareholders approved the election of all 8 (7 of whom are independent) of the nominated directors presented in the Company’s Management Information Circular (the “Circular”), dated March 29, 2023. The shares represented at the Annual Meeting voting in favour of individual nominated directors are as follows: Nominee # Votes For % Votes For # VotesWithheld % VotesWithheld Michael R. Culbert 5,978,402 87.60 845,985 12.40 William T. Donovan 5,596,491 82.01 1,227,896 17.99 Steven W. Krablin 5,562,612 81.51 1,261,775 18.49 Lori A. Lancaster 6,109,265 89.52 715,122 10.48 Susan...

Progressive Care Inc. Announces Additional $1 Million Investment From NextPlat Corp.

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

MIAMI, FL, May 11, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, today announced that it has successfully completed a transaction of $1 million investment from NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat”), a global e-commerce provider. In connection with the $1 million investment, the Company sold to NextPlat 455,000 newly issued Units, with each Unit comprised of one share of the Company’s common stock and one Warrant to purchase a share of common stock and a per Unit purchase price of $2.20. In addition, Charles M. Fernandez, who serves as Chairman and CEO of both Progressive Care and Nextplat, Rodney Barreto, Vice-Chairman of Progressive Care and Director of the Board of NextPlat, and certain...

Day: May 11, 2023

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