Razor Energy Corp. Announces Third Quarter 2023 Results

Written by Customer Service on November 23, 2023. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. CALGARY, Alberta, Nov. 23, 2023 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its third quarter financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited interim condensed consolidated financial statements, management’s discussion and analysis for the three and nine months ended September 30, 2023 which are available on SEDAR+ at www.sedarplus.ca and the Company’s website www.razor-energy.com. All amounts are expressed in Canadian dollars. Certain metrics, including those expressed on an adjusted basis, are non-IFRS...

Central 1 reports 2023 third quarter financial results

Written by Customer Service on November 23, 2023. Posted in Earnings Releases And Operating Results.

Third quarter 2023 highlights (compared with third quarter, 2022): Net income of $3.9 million, compared with net income of $1.3 million Net interest income of $19.6 million, compared with net interest income of $21.5 million Return on average equity1 of 1.6 per cent, compared with 0.5 per cent Year-to-date 2023 compared with year-to-date 2022: Net income of $23.6 million, compared with net loss of $60.3 million Net interest income of $41.3 million, compared with net interest income of $57.9 million Return on average equity1 of 3.3 per cent, compared with negative 8.4 per cent Total assets of $10.9 billion as at September 30, 2023, compared with $11.9 billion as at December 31, 2022 VANCOUVER, British Columbia, Nov. 23, 2023 (GLOBE NEWSWIRE) — Central 1 Credit Union (‘Central 1’ or ‘the organization’) today reported...

Celestica Recognized as one of Canada’s Most Admired Corporate Cultures™ for 2023

Written by Customer Service on November 23, 2023. Posted in Public Companies.

TORONTO, Nov. 23, 2023 (GLOBE NEWSWIRE) — Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, has been named one of Canada’s Most Admired Corporate Cultures™ for 2023 by Waterstone Human Capital. “This award recognizes not only the commitment of our people in living our values, but their passion in driving innovation for our customers and contributing to our success,” said Rob Mionis, President and CEO, Celestica. “We are very proud of our industry-leading employee engagement and the many things we do to make Celestica a great place to work.” Leila Wong, Chief Human Resources Officer, Celestica added, “At Celestica, we have worked hard to build a collaborative and inclusive culture where 27,000 employees...

Algoma Steel Announces Retirement of Vice President – Sales

Written by Customer Service on November 23, 2023. Posted in Public Companies.

SAULT STE. MARIE, Ontario, Nov. 23, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced its Vice President – Sales, Rory Brandow, has indicated his pending retirement effective December 1st, 2023. The Company has identified Chris Ford, Algoma’s current Director – US Sales and Customer Service, to succeed Rory as Vice President – Commercial. Michael Garcia, the Company’s Chief Executive Officer, remarked, “Over an extensive career with Algoma, Rory has personified our core values of safety, teamwork, integrity and caring. He has been a strong advocate for Algoma over the years and we extend our sincere gratitude to Rory for his leadership and service. Chris Ford brings...

Looking Glass Labs Closes Private Placement Financing and Debt Settlement

Written by Customer Service on November 23, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 23, 2023 (GLOBE NEWSWIRE) — Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF) (FRA: H1N) is pleased to announce that further to the new releases dated 10 November 2023, it has closed a non-brokered private placement offering (“Offering”) of 10,005,000 units (the “Units”) at a price of $0.10 per Unit, for gross proceeds of $1,000,500. Each Unit will consist of one (1) common share in the capital of the Company (each a “Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder thereof to purchase one (1) additional Share of the Company at an exercise price of $0.10 for a period of two (2) years from the closing date of the Offering. The gross proceeds from the Offering will be used by the Company for general corporate...

WestBond reports Profit for the Quarter ended September 30, 2023

Written by Customer Service on November 23, 2023. Posted in Earnings Releases And Operating Results.

DELTA, British Columbia, Nov. 23, 2023 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) has posted a profit of $74,763 ($0.002 per share) for the three months ended September 30, 2023, compared to a loss of $69,374 (-$0.002 per share) for the three months ended June 30, 2023. Sales were $2,718,170 for the three months ended September 30, 2023, which is 14.8% higher than for the three months ended June 30, 2023 and 6.2% lower than for the three months ended September 30, 2022. The increase in sales and profits are a result of improved staffing levels which allowed us to fulfill a higher volume of customer orders. The shift from air laid parent roll sales to finished napkins and wipes will also contribute to the expansion of new markets and customers in the US. This expansion is expected to have a positive effect...

Ninepoint Partners Announces November 2023 Cash Distributions for ETF Series Securities

Written by Customer Service on November 23, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 23, 2023 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the November 2023 cash distributions for its ETF Series securities. The record date for the distributions is November 30, 2023 for Ninepoint High Interest Savings Fund and December 1, 2023 for Ninepoint Diversified Bond Fund, Ninepoint Alternative Credit Opportunities Fund, Ninepoint Energy Income Fund and Ninepoint Target Income Fund. All distributions are payable on December 8, 2023. The per-unit November distributions are detailed below: Ninepoint ETF Series Ticker Distribution per unit Notional Distribution per unit CUSIP Ninepoint Diversified Bond Fund NBND $0.03716 $0.00000 65443H100 Ninepoint High Interest Savings Fund NSAV $0.23983 $0.00000 65443X105 Ninepoint Alternative Credit Opportunities Fund NACO $0.07853 $0.00000 65443Q100 Ninepoint...

Automotive Finco Corp. Announces Extension of Maturity Date of $21 Million Loan and Deferral of Annual Cash Dividends

Written by Customer Service on November 23, 2023. Posted in Dividend Reports And Estimates.

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, Nov. 23, 2023 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) announces that AA Finance Co LP (the “Borrower”) has elected to extend the maturity date of the $21 million loan made between Automotive Finance Limited Partnership and AA Finance Co LP in November 2022 by one year to November 18, 2024, pursuant to the loan agreement. The loan bears interest at the rate of 12% per annum. The Borrower has also elected to pay interest in kind (“PIK Interest”) with respect to the quarterly interest payments. All amounts of accrued PIK Interest have been added to the principal...

FT Portfolios Canada Co. Announces Estimated 2023 Annual Capital Gains Distributions For Its Exchange Traded Funds (“ETFs”)

Written by Customer Service on November 23, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 23, 2023 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. today announced the estimated annual capital gains distributions for its ETFs listed below for the 2023 tax year. Please note that these are estimated amounts only, as of October 31, 2023 and reflect forward looking information which may cause the estimates to change before the ETF’s December 2023 tax year-end. These estimates are for the year-end capital gains distributions only, which will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change. These estimates do not include estimates of ongoing monthly or quarterly distribution amounts. Fund Name Ticker Estimated annual capital gain per unit ($) as at October 31, 2023 First Trust Indxx Innovative Transaction and Process ETF BLCK 0.0391 First...

Morien Suspends Quarterly Dividend in Response to Continued Uncertainty Surrounding Donkin Mine

Written by Customer Service on November 23, 2023. Posted in Public Companies.

HALIFAX, Nova Scotia, Nov. 23, 2023 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company”) (TSX-V:MOX), announced today its Board of Directors (the “Board”) has made the decision to suspend the Company’s quarterly dividend until further notice. The Board’s decision is based on maximizing financial flexibility in an environment of continuing regulatory uncertainty surrounding the fate of the Donkin Mine (“Donkin” or the “Mine”) in Nova Scotia, owned and operated by Kameron Collieries (“Kameron”), upon which Morien has a 2% to 4% royalty interest. The dividend suspension follows Kameron’s decision on November 10, 2023, to lay off its remaining hourly workforce at the Mine and to place the operation into an idled state with no timeline to resume operations. This decision was made in consideration...

Day: November 23, 2023

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