Month: May 2023

Quarter highlighted by profitable growth and strong contribution from movie sequel VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) — Amcomri Entertainment Inc. (“Amcomri” or the “Company”) (NEO: AMEN) (OTC: AMNNF) (Frankfurt: 25Y0), a global producer and distributor of independent movies, TV series and documentaries, announced today financial results for the first quarter ended March 31, 2023. All dollar amounts are in Canadian dollars unless otherwise stated. Q1 2023 Highlights(Compared to Q1 2022)Revenue increased 22.9% to $5,118,176; EBITDA1 increased 106.0% to $2,449,817; Net income increased 104.2% to $1,589,246; Left Behind 2 (Rise of the Antichrist) achieved box office revenues of $4.8m in a limited four-day release in North American theatres; Television and documentary revenue experienced a slower than expected...

Solution Ecosystem Solution EcosystemMONTREAL, May 15, 2023 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), is pleased to announce today its financial and operational results for the first quarter ended March 31st, 2023. “The Company remains intensely focused on its goal of demonstrating its expertise and capturing greater market share across the broad industrial decarbonization landscape, and more specifically around the refined strategic verticals that the company introduced in Q4, namely Energy Transition & Emissions Reduction,...

(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the first quarter of 2023. First Quarter 2023 highlights FinancialAdjusted net income of $13.2 million or $0.05 per share Net income of $11.9 million or $0.04 per share Adjusted EBITDA1 of $65.3 million Net cash provided by operating activities $41.8 million and free cash flow from ongoing operations of $8.5 million Liquidity as of March 31, 2023 was $129.7 millionReturn to ShareholdersNCIB share repurchase program renewed for up to 5% of outstanding common shares (refer to Fortuna news release dated April 28, 2023)OperationalGold production...

CALGARY, Alberta, May 15, 2023 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTCQB: NSFDF) today announced the Company’s financial and operating results for the quarter ended March 31, 2023. All dollar amounts herein are in Canadian Dollars unless otherwise identified. Financial and Operating Highlights Key financial and operational highlights are summarized below:January 25, 2023, the Company closed a Private Placement by issuing 8,510,000 common shares, at $0.195 per common shares, for aggregate gross proceeds of approximately $1,659,450, less issuance costs of $1,170; In January, 2023 the Company announced the grant of 2,050,000 incentive stock options at a price of $0.216 to employees, officers and directors. These incentive stock options will vest upon receipt...