Day: November 7, 2023

Wilmington Announces Third Quarter 2023 Results

Wilmington Announces Third Quarter 2023 Results

CALGARY, Alberta, Nov. 07, 2023 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (“Wilmington” or the “Corporation”) reported net income for the three months ended September 30, 2023, of $2.4 million or $0.19 per share compared to net income of $0.3 million or $0.03 per share for the same period in 2022.   For the nine months ended September 30, 2023, the Corporation reported net income of $2.5 million or $0.20 per share compared to net income of $2.3 million or $0.19 per share for the same period in 2022. OPERATIONS REVIEW – For the Quarter Ended September 30, 2023As at September 30, 2023, Wilmington had assets under management in its operating platforms of approximately $402 million ($100 million representing Wilmington’s share). A summary of the Corporation and the operations of its investees is set out below.   Marinas...

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PyroGenesis Schedules 2023 Third Quarter Financial Results and Business Update Conference Call

PyroGenesis Schedules 2023 Third Quarter Financial Results and Business Update Conference Call

MONTREAL, Nov. 07, 2023 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), today announced that it will host a conference call at 10:00 AM Eastern Time on Friday, November 10, 2023, to discuss the Company’s financial results for the third quarter ended September 30, 2023, as well as the Company’s corporate progress and other developments. A live webcast of the conference call can be accessed by visiting the following link: https://edge.media-server.com/mmc/p/wdqtjz3a. The webcast will also be available on the Investor Relations section of the company’s website...

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Parex Resources Announces Third Quarter Results, Arauca Drilling Success and Declaration of Q4 2023 Dividend

Parex Resources Announces Third Quarter Results, Arauca Drilling Success and Declaration of Q4 2023 Dividend

CALGARY, Alberta, Nov. 07, 2023 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period ended September 30, 2023, and the declaration of its Q4 2023 regular dividend of C$0.375 per share. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. “With our inaugural well in Arauca, I take pride in our team’s remarkable achievement in drilling the deepest onshore well in Colombia’s history. This milestone not only serves as a testament to our operational capability, but also solidifies Parex’s leading position as an operator capable of confidently exploiting higher productivity, deeper targets. In addition to Arauca, we are seeing a series of positive developments from exploitation and near-field exploration...

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Broadwind Reschedules Third Quarter 2023 Results Conference Call and Webcast to November 13

Broadwind Reschedules Third Quarter 2023 Results Conference Call and Webcast to November 13

CICERO, Ill., Nov. 07, 2023 (GLOBE NEWSWIRE) — Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, has rescheduled its third quarter 2023 results conference call and webcast to Monday, November 13, 2023, at 12:00 p.m. ET. Broadwind intends to issue its third quarter 2023 results that same day before the open of the U.S. equity markets. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company’s corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software. To participate in the live teleconference:       Live...

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Stingray Reports Second Quarter Results for Fiscal 2024

Stingray Reports Second Quarter Results for Fiscal 2024

Organic growth of 7.1% year-over-year in Broadcast and Recurring Commercial Music Revenues mainly due to strength in retail media advertising; Revenues increased 6.3% to $82.5 million from $77.6 million in Q2 2023; Adjusted EBITDA(1) improved 9.2% to $29.5 million from $27.0 million. Adjusted EBITDA(1) by segment was $19.9 million or 40.0% of revenues for Broadcasting and Commercial Music, $11.0 million or 33.7% of revenues for Radio, and $(1.4) million for Corporate; Net income reached $9.4 million ($0.14 per share) compared to $3.3 million ($0.05 per share); Adjusted Net income(1) attained $14.6 million ($0.21 per share) compared to $10.8 million ($0.15 per share); Cash flow from operating activities grew 3.6% to $19.1 million ($0.28 per share) from $18.4 million ($0.26 per share); Adjusted free cash flow(1) reached $15.6...

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Western Announces Third Quarter 2023 Results

Western Announces Third Quarter 2023 Results

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported a net loss of $17.4 million in the third quarter of 2023, as compared to a net loss of $20.7 million in the second quarter of 2023, and net income of $6.6 million in the third quarter of 2022. Results in the third quarter of 2023 reflect more challenging macroeconomic conditions, resulting in lower product prices and reduced demand compared to the same period last year. We curtailed certain sawmill operations during the third quarter of 2023, to manage inventories and match production to product demand.    Adjusted EBITDA was negative $11.6 million in the third quarter of 2023, as compared to Adjusted EBITDA of negative $12.0 million in the second quarter of 2023, and adjusted EBITDA of $17.3...

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Imperial Reports Third Quarter 2023 Financial Results

Imperial Reports Third Quarter 2023 Financial Results

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) — Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports financial results for the three and nine months ended September 30, 2023, as summarized in this news release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards (“IFRS”). The reporting currency of the Company is the Canadian (“CDN”) Dollar. QUARTER HIGHLIGHTS FINANCIAL Total revenue was $78.5 million in the September 2023 quarter compared to $41.7 million in the 2022 comparative quarter. In the September 2023 quarter, the Red Chris mine (100% basis) had 3.4 concentrate shipments (2022-4.4 concentrate shipments). The Mount Polley mine had 1.2 concentrate shipments (2022-0.3...

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Calibre Reports Strong Third Quarter Financial Results: Increasing Free Cash Flow From a Fourth Consecutive Quarter of Record Gold Production at 73,485 Ounces, Resulting in a Record Year To Date Earnings of US$0.16 Per Share

Calibre Reports Strong Third Quarter Financial Results: Increasing Free Cash Flow From a Fourth Consecutive Quarter of Record Gold Production at 73,485 Ounces, Resulting in a Record Year To Date Earnings of US$0.16 Per Share

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three (“Q3 2023”) and nine months (“YTD 2023”) ended September 30, 2023. Consolidated financial statements and management discussion and analysis can be found at www.sedarplus.ca and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars. Q3 2023 Highlights Record cash on hand of $97 million, a 26% increase over Q2 2023 and 72% higher than the beginning of 2023;   Free Cash Flow (“FCF”) (1) increased over Q2, 2023 to $16.3 million; 4th consecutive record quarterly gold sales of 73,241 ounces grossing $143.9 million total revenue, at an average realized gold price of $1,929/oz; Consolidated Total Cash Costs(2)...

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Global Mice Model Market Size USD 2.78 Billion in 2032 | Emergen Research

Global Mice Model Market Size USD 2.78 Billion in 2032 | Emergen Research

Increasing investments in research and development activities in the pharmaceutical & biotechnology sector and increasing use of mice model for personalized drug production are driving the mice model market. Vancouver, Nov. 07, 2023 (GLOBE NEWSWIRE) — The global mice model market is projected to reach USD 2.78 Billion by 2032, according to a current analysis by Emergen Research. Due to increasing utilization of mice models for personalized drug production, the global mice model market is likely to expand rapidly during the forecast period. Besides, increasing investments in research and development activities in the pharmaceutical & biotechnology sector is another factor expected to augment the global mice model market during the forecast period. Moreover, the rising use of mice models in the production of monoclonal...

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VAALCO Energy, Inc. Announces Third Quarter 2023 Results

VAALCO Energy, Inc. Announces Third Quarter 2023 Results

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“VAALCO” or the “Company”) today reported operational and financial results for the third quarter of 2023.  Third Quarter 2023 Highlights and Key Items: Achieved production of 18,844 net revenue interest (“NRI”)(1) barrels of oil equivalent per day (“BOEPD”), at the higher end of guidance, driven by operational uptime in Gabon and continued drilling success in Egypt; Working interest (“WI”)(2) production of 24,430 BOEPD also at higher end of guidance range; Increased NRI sales to 1,812,000 barrels of oil equivalent (“BOE”), or 19,700 BOEPD above the midpoint of guidance; Reported lifting of 600,000 gross barrels of oil in Gabon occurred in first week of October 2023;   Grew unrestricted cash by 124% to $103.4 million...

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