Day: November 8, 2023

CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX: PEY) is pleased to celebrate 25 years of successful operations in the Canadian energy industry with its financial results for the third quarter of 2023 and a preliminary capital plan for 2024. Q3 2023 Highlights:Peyto announced on September 6, 2023, the acquisition of Repsol Canada Energy Partnership (“Repsol”) for cash consideration of $US468 million ($636 million) prior to post-closing adjustments (the “Acquisition”). The Acquisition provides Peyto with over 800 low-risk, high-quality drilling locations1 and synergistic infrastructure to allow for the optimization of production and costs in the Greater Sundance Area. Peyto closed the Acquisition on October 17, 2023, therefore no contribution from the...

Initiates Sales Process for Goldboro Assets CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its third quarter 2023 financial and operating results. Pieridae generated Net Operating Income (“NOI”)1 of $12 million and produced 30,253 boe/d (86% natural gas) as the Company conducted its scheduled maintenance turnaround at the Waterton gas processing facility (the “Waterton Turnaround”) during the third quarter. The Company’s management’s discussion and analysis (“MD&A”) and unaudited interim consolidated financial statements and notes for the quarter ended September 30, 2023 are available at www.pieridaeenergy.com and on SEDAR at http://www.sedarplus.ca/. Pieridae also announces it has initiated a process to sell its Goldboro subsidiary...

HOUSTON, Nov. 08, 2023 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) reported today its Q3 2023 financial and operational highlights. The Company’s financial statements and management’s discussion and analysis for the three and nine months ended September 30, 2023 are available under the Company’s profile at www.sedarplus.com and on the Company’s website at www.itafos.com. All figures are in thousands of US Dollars except as otherwise noted. CEO Commentary “We are pleased to report solid financial results and the continuation of our strong safety and operational performance in Q3 2023. For the nine months ending September 30, 2023, we reported revenues of $346.5 million and adjusted EBITDA of $102.3 million. During the third quarter, we continued to successfully execute our business plan and made significant progress...

Figure 1Fox Mine Complex annual gold productionFigure 2Gold Bar Mine daily gold productionTORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports its results for the third quarter (Q3) and nine months ended September 30th, 2023. Operational and Financial HighlightsConsolidated GEO production in Q3 improved by 8% compared to both Q2/23 and Q3/22. We produced 38,500 GEOs(1) in Q3, and 104,400 GEOs for the nine months ended September 30th. We reiterate our consolidated production guidance is at the lower end of our range of 150,000 to 170,000 GEOs for the year (see Table 1). We continue to meet safety standards at our 100% owned operations. During Q3, we had no lost-time incidents at our Fox Complex, Gold Bar Mine, and El Gallo operations. In Q3, our Fox Mine Complex performed...

Company reported positive clinical data for QRX003 from first six evaluable subjects in ongoing open-label Netherton Syndrome study Positive benefits were observed across a number of clinical endpoints including pruritus, Investigator skin scoring system and patient global assessment No safety concerns have been observed to date in either ongoing clinical study Quoin expects its cash runway will extend through the end of 2024 ASHBURN, Va., Nov. 08, 2023 (GLOBE NEWSWIRE) —  Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) (the “Company” or “Quoin”), a clinical stage, specialty pharmaceutical company focused on rare and orphan diseases, today provides a business update and announces financial results for the quarter ended September 30, 2023. Quoin CEO, Dr. Michael Myers, said, “While still early-stage, we are extremely excited by the positive...

TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its third quarter 2023 financial results. All amounts are in U.S. dollars, unless otherwise noted. Delivering Record Third Quarter Operating and Financial ResultsAchieved record quarterly revenue of $480.5 million with strong consolidated copper production of 41,964 tonnes and record quarterly consolidated gold production of 101,417 ounces as higher grades from the Pampacancha deposit in Peru and the Lalor mine in Manitoba were realized together with the first full quarter of Copper Mountain production for Hudbay. Reaffirmed full year 2023 production, cash cost and sustaining cash cost guidance for Hudbay’s Peru and Manitoba operations. Issued Copper Mountain production, cash cost and capital expenditure guidance...

Third Quarter 2023 Total Revenues of $271M, above the prior guidance range Third Quarter 2023 Pre-Tax Loss of  $(266)M and Adjusted EBITDA(2) of $20M Updates FY 2023 guidanceGAITHERSBURG, Md., Nov. 08, 2023 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) today reported selected financial results for the third quarter ended September 30, 2023. The selected financial results reported include limited third quarter and year-to-date results, as well as selected balance sheet and cash flow information. As part of our quarterly review process, the Company determined that its state deferred tax liability was overstated as of December 31, 2022, resulting in an understatement of the income tax benefits reflected on the Company’s income statement. While these non-cash items do not have any impact on the Company’s liquidity, cash...

VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three and nine months ended September 30, 2023. 2023 Third Quarter and Nine-Month Financial, and Operational HighlightsDuring the third quarter, commercial decaffeination on Swiss Water’s second production line in Delta, BC, started for the first time. This marked the completion of the consolidation of production at one site, and the end of the transition from the Company’s legacy production facility in Burnaby, BC. Swiss Water operated with a capacity constraint during the third quarter, and as expected, volumes shipped to customers decreased by 31% in Q3 and by 14% for...