Month: May 2023

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 QuarterProduction 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...

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 ouncesAverage gold price realized $ 2,526 per ounceRevenue (000s) $ 96,549Gross 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, 2023Adjusted 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 ...

Month: May 2023

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