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Day: May 18, 2023

SigmaTron International, Inc. Reports Third Quarter Financial Results for Fiscal 2023

ELK GROVE VILLAGE, Ill, May 18, 2023 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services (“EMS”) provider (“Company”), today reported revenues and earnings for the fiscal quarter ended January 31, 2023. Revenues decreased $0.5 million, or 0.5 percent, to $93.2 million in the third quarter of fiscal 2023 from $93.7 million for the same quarter in the prior year. Net loss for the third quarter ended January 31, 2023 was $23,077,664, compared to a net loss of $2,724,297 for the same period in the prior year. The net loss for the third quarter ended January 31, 2023 includes a charge of $23,096,771 for an impairment of goodwill and long-term assets and the net loss for the third quarter ended January 31, 2022 includes a charge of $6,300,235 for an impairment of notes receivable and...

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United Maritime Reports First Quarter 2023 Financial Results and Declares Quarterly Dividend of $0.075 Per Share

Financial Highlights of the First Quarter of 2023:Net Loss of $4.9 million and loss per share (basic & diluted) of $0.64 Adjusted net loss1 of $3.7 million and adjusted loss per share1 of $0.48Other Highlights and Developments:Quarterly cash dividend of $0.075 per share for Q1 2023 – resulting in total cash dividends of $1.15 per share or $8.7 million declared since November 2022 Agreements to acquire six vessels of total $126 million, consisting of two Capesize and two Kamsarmax vessels, as well as two Panamax vessels through bareboat charter agreements with purchase options New financing transaction of $24.5 millionGLYFADA, Greece, May 18, 2023 (GLOBE NEWSWIRE) — United Maritime Corporation (“United” or the “Company”) (NASDAQ: USEA), announced today its financial results for the first quarter ended March...

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Goliath Resources Closes Upsized Brokered Private Placement for Gross Proceeds of C$9.65 Million

TORONTO, May 18, 2023 (GLOBE NEWSWIRE) —  Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IF) (the “Company” or “Goliath”) is pleased to announce the closing of its previously announced “best-efforts” upsized private placement (the “Offering“) for gross proceeds of C$9,650,000, which includes the full exercise of the Agent’s Option for gross proceeds of C$1,150,000. Under the Offering, the Company sold 9,650,000 flow-through units to charitable purchasers (each, a “Charity FT Unit“) at a price of C$1.00 per Charity FT Unit (the “Offering Price“). Red Cloud Securities Inc. (the “Agent“) acted as sole agent and bookrunner under the Offering. Each Charity FT Unit consists of one common share of the Company (each, a “Common...

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LanzaTech and Plastipak Partner to Produce World’s First PET Resin Made from Waste Carbon

CHICAGO, May 18, 2023 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (Nasdaq: LNZA), an innovative carbon capture and transformation (“CCT”) company that converts waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives, and Plastipak Packaging, Inc. (“Plastipak”), a global leader in the design, manufacture, and recycling of plastic containers, announce they have successfully produced PPKNatura, the world’s first polyethylene terephthalate (PET) resin made from captured carbon emissions. The resin is suitable for food, personal care, and pharmaceutical packaging, as well as other non-packaging applications. PET is a polymer that is molded into plastic bottles and containers for packaging foods and beverages, personal care products, and many other consumer goods....

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Diana Shipping Inc. Announces the Date for the 2023 First Quarter Financial Results, Conference Call and Webcast

ATHENS, Greece, May 18, 2023 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its financial results for the first quarter ended March 31, 2023 are scheduled to be released before the opening of the U.S. financial markets on Friday, May 26, 2023. The Company’s management will conduct a conference call and simultaneous Internet webcast to review these results at 9:00 A.M. (Eastern Time) on Friday, May 26, 2023. Investors may access the webcast by visiting the Company’s website at www.dianashippinginc.com, and clicking on the webcast link. An accompanying investor presentation also will be available via the webcast link and on the Company’s website. The conference call also may be accessed by...

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Clear Blue’s Illumient Lighting Selected For $300,000 Roadway Expansion Project In Oregon

Existing customer awards initial follow on order of $300K, with 10 year lifetime value of $425K, expected to ship in Q3, 2023 TORONTO, May 18, 2023 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRA:0YA) (OTCQB: CBUTF), announces that it has received a $300,000 order for 23 Illumient Smart Off-Grid lights for the expansion of a major roadway in Oregon, U.S.A. The project is a follow-on order with a previous Illumient customer. The total lifetime contract value of the project is $425,000 and is expected to ship in Q3 2023. Year to date, Clear Blue’s bookings are $4,600,000, of which $4,000,000 is expected to be recognized in 2023. Recall, in Q1 2023, Clear Blue’s order intake was $3,500,000 (up 74% from 2022), of which $3,200,000 was expected to be recognized as revenue in 2023. The customer...

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GXO Partners with Multiverse to Launch a Data Training Academy

Logistics leader’s continued investment in training and development affirms it as an employer of choice LONDON, U.K., May 18, 2023 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today that it is partnering with Multiverse, a world-class training and coaching company, to launch a Data Academy to further increase data literacy and drive efficiency across the GXO organization, while providing a clear and rewarding career path for employees. “We’re excited to work with Multiverse to launch this new training program for our team members in the U.K.,” said Mark Simmons, HR Director, UK & Ireland at GXO. “Developing the right data skills in-house is crucial for our success because our customers expect us to deliver better value through greater insights and...

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Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

RYE, N. Y., May 18, 2023 (GLOBE NEWSWIRE) — The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 23, 2023 to common stock shareholders of record on June 15, 2023. The Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The average net asset value of the Fund is based on the average net asset values as of the last day of the four preceding calendar quarters during the year. The net asset value per share fluctuates daily. Each quarter, the Board of Directors reviews the amount of any...

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GAMCO Natural Resources, Gold & Income Trust Declares Monthly Distributions of $0.03 Per Share

RYE, N.Y., May 18, 2023 (GLOBE NEWSWIRE) — The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of July, August, and September 2023. Based on current dynamics, the Fund may make distributions in excess of the Fund’s earnings. It is currently expected that distributions to common shareholders in 2023 will primarily constitute a return of capital for tax purposes.Distribution Month Record Date Payable Date Distribution Per ShareJuly July 17, 2023 July 24, 2023   $0.03August August 17, 2023 August 24, 2023   $0.03September September 15, 2023 September 22, 2023   $0.03Each quarter, the Board of Trustees reviews the amount...

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GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share

RYE, N.Y., May 18, 2023 (GLOBE NEWSWIRE) — The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of July, August, and September 2023. Based on current dynamics, the Fund may make distributions in excess of the Fund’s earnings. It is currently expected that distributions to common shareholders in 2023 will primarily constitute a return of capital for tax purposes.Distribution Month Record Date Payable Date Distribution Per ShareJuly July 17, 2023 July 24, 2023 $0.03August August 17, 2023 August 24, 2023 $0.03September September 15, 2023 September 22, 2023 $0.03 Each quarter, the Board of Trustees reviews...

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