Day: May 11, 2023

Earthstone Energy to Participate in Upcoming Conferences

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

THE WOODLANDS, May 11, 2023 (GLOBE NEWSWIRE) — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) announced today its participation in upcoming conferences.TPH&Co. Hotter ’N Hell Energy Conference, May 16 – May 17, 2023Goldman Sachs Eighth Annual Leveraged Finance & Credit Conference, May 22 – May 24, 2023Wells Fargo Energy Conference, May 23 – May 24, 2023Louisiana Energy Conference, May 30 – June 1, 2023RBC Energy Conference, June 6 – June 7, 2023BoA Securities Energy Credit Conference, June 7 – June 8, 2023JP Morgan 2023 Energy, Power and Renewables Conference, June 21 – June 22, 2023The Company plans to use the investor presentation on the homepage of its website as supplemental conference materials. About Earthstone Energy, Inc. Earthstone...

Liberty Gold Reports Q1 2023 Financial and Operating Results

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

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the three months ended March 31, 2023. All amounts are presented in United States dollars unless otherwise stated. FIRST QUARTER OF 2023 AND RECENT HIGHLIGHTS At the Black Pine project (“Black Pine”), we:Reported weighted average 86.9% gold extraction1 from 24 metallurgical column leach tests on Rangefront Zone oxide gold mineralization, showing that the Rangefront Zone comprises the most leach-amenable oxide material at Black Pine. Key results include2:Gold extractions ranging from 54.1% to 95.8%. >80% of leachable gold extracted within 10 days.Announced an update to the independent mineral resource (the “Black...

PhenixFIN Corporation Announces Fiscal Second Quarter 2023 Financial Results

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

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal second quarter of 2023. HighlightsTotal investment income of $9.6 million and net investment income of $3.4 million for the six months ended March 31, 2023 Net asset value (NAV) of $131.2 million, or $62.70 per share as of March 31, 2023 Redeemed the $22.5 million 6.125% unsecured notes on January 17, 2023 On February 8, 2023, the Board approved the expansion of the current repurchase program from $25 million to $35 million Weighted average yield of 11.8% on debt and other income producing investmentsDavid Lorber, Chief Executive Officer of the Company, stated: “During the quarter we grew NII per share and NAV per share...

The Keg Royalties Income Fund announces May 2023 cash distribution

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

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its May 2023 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at May 21, 2023. The May 2023 distribution will be paid on May 31, 2023. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. With approximately 10,000 employees, over 100 restaurants and annual system sales approaching $700 million,...

Hammerhead Energy Inc. Announces Record First Quarter 2023 Financial and Operating Results

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

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS, HHRS.WT; NASDAQ: HHRS, HHRSW) is pleased to announce record financial and operating results for the first quarter of 2023. The Company continued to progress critical investments in infrastructure expansions that should allow for continuing record performance, achievement of half-cycle economics from new wells and material free cash flow generation going forward. The Company expects its oil production growth rates to exceed total corporate production growth, given the continued strength of the higher liquids-weighted Karr asset, which remains the Company’s key area of focus for development. To date, Hammerhead production operations have not been meaningfully impacted by the wildfires in Alberta. Hammerhead is extremely...

Kineta Reports First Quarter 2023 Financial Results and Provides Corporate Update

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

Dosed First Patient in Phase 1/2 Clinical Study of VISTA-Targeting KVA12123 in Advanced Solid Tumors Initial KVA12123 Clinical Data Readout Anticipated by End of 2023 Closed $6 Million Registered Direct Offering Priced At-The-Market under Nasdaq Rules SEATTLE, May 11, 2023 (GLOBE NEWSWIRE) — Kineta, Inc. (Nasdaq: KA), a clinical-stage biotechnology company focused on the development of novel immunotherapies in oncology that address cancer immune resistance, announced today financial results for the first quarter of 2023 and provided a corporate “The year began with an exciting start as we opened our first-in-human clinical trial of KVA12123 and dosed our first patient in the Phase 1/2 study in advanced solid tumors. Our team is laser focused on working with clinical partners to enroll patients in this study and report initial...

Intelligent Bio Solutions Inc. Reports Fiscal 2023 Third Quarter Financial Results and Operational Highlights

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

– Combined revenue and government support income increased 199% year-over-year – – Sequential revenue growth of 28% – – Filed 513(g) submission with U.S. FDA for Intelligent Fingerprinting Drug Screening Cartridge – – Granted U.K. patent relating to DSR-Plus Cartridge Reader – – Completion of Milestone 7, key phase of biosensor platform development – NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) — Intelligent Bio Solutions Inc. (“Intelligent Bio Solutions,” “INBS” or the “Company”) (Nasdaq: INBS), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced its financial results for its fiscal third quarter ended March 31, 2023, and provided a business update. “INBS delivered revenue growth during the third quarter and achieved...

Power Solutions International Announces First Quarter 2023 Financial Results

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

Net Sales Grow by 18% in the Quarter, EPS increased $0.27 or $0.16 for the Quarter Gross Profit increase by 40%; Interest expense up $2.2 million WOOD DALE, Ill., May 11, 2023 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced first quarter 2023 financial results. First Quarter 2023 Results Net sales increased $17.5 million, or 18%, during the three months ended March 31, 2023 compared to the three months ended March 31, 2022, as a result of a sales increases of $6.4 million and $14.0 million in the power systems and transportation end markets, respectively, partly offset by a decrease of $2.9 million in the industrial end market. Higher power systems end market sales are...

Koss Corporation Releases Third Quarter Results

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

Koss Corporation Releases Third Quarter Results, May 11, 2023 (GLOBE NEWSWIRE) — Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the third quarter ended March 31, 2023. Sales for the third quarter ended March 31, 2023 were $3,369,160, which is a 27.3% decline compared to $4,634,552 for the same period in the prior year. The net loss for the three months was $232,853 compared to net income of $403,204 for the third quarter of the prior year. Basic and diluted loss per common share for the quarter was $0.03 compared to basic and diluted income per common share of $0.04 for the same three-month period one year ago. Sales for the nine months ended March 31, 2023 decreased 25.5% to $9,995,620 from $13,415,506 in the same period last year. The nine-month net...

Condor Announces 2023 First Quarter Results

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

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company with activities in Turkiye and Kazakhstan, is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three months ended March 31, 2023 together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. All financial amounts in this news release are presented in Canadian dollars, unless otherwise stated. HighlightsThe Company is awaiting final approval from the Government of Kazakhstan for its...

Day: May 11, 2023

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