Day: November 28, 2023

CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the reactivation of natural gas production at Farrell Creek, Northeast British Columbia and the release of its unaudited interim financial statements (the “Financial Statements”) and management discussion and analysis (“MD&A”), each for the three month period ended September 30, 2023. Reactivation Of Joint Venture Production At Farrell Creek In June 2023, the Corporation and its joint venture partner opted to shut-in its Farrell Creek natural gas processing facility and associated Montney wells as a result of negative netback caused by low natural gas prices at Station 2. The Corporation’s joint venture Montney wells were returned to production on November 17, 2023. Based on the...

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — Clip Money Inc. (TSX-V: CLIP) (“Clip” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce its financial results for the three and nine-month periods ended September 30, 2023. Clip Money’s performance in third quarter of 2023 (“Q3”) was highlighted by an acceleration of enterprise customers making regular deposits through the network. The Company validated the acute need for businesses to find a modern and alternative approach to managing cash versus the status quo, including the bank branch or legacy armored carrier service. Transaction volumes and additional enterprise customers onboarded by the Company in Q3 create a tailwind for the balance of 2023 and a springboard into 2024. The Company is also encouraged by the...

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its unaudited condensed interim consolidated financial results for the three-month and nine-month periods ended September 30, 2023 (“Q3 2023 and Nine Months in 2023” respectively). Q3 2023 Financial Highlights Continuing OperationsIn millions Q3 2023 Q3 2022   Change % Q3 2023 Q3 2022   Change(except for % figures) RMB  RMB    RMB    CAD  CAD    CAD Continuing Operations                  Revenue 125.4 59.0   66.4 112% 24.0 11.4   12.6Gross Profit 31.6 18.1   13.5 75% 6.1 3.5   2.6Gross Profit Margin 25.2% 30.6%   -5.4%          Net Profit 8.2 0.3   7.9 >999% 1.6 0.1   1.5Adjusted...

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three months ended September 30, 2023. As at September 30, 2023, the Company had cash, investments and digital assets of $47.8 million. As at September 30, 2023, net asset value per share was $0.91 as compared to $0.79 as at June 30, 2023. (See “Use of Non-GAAP Financial Measures” elsewhere) Financial Highlights for the three months ending September 30, 2023 with comparatives:Operating Results Three months ended September 30,  2023     2022  Net investment and digital assets gains (losses) $ 7,625,814   $ (10,430,815 )Operating,...

CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) — DIVERGENT Energy Services Corp. (“Divergent”, the “Company”, or “DVG”) announces the release of its financial results for the three and nine months ended September 30, 2023.   All amounts are in thousands (000’s) of United States Dollars, unless otherwise noted. HIGHLIGHTS FOR THE QUARTERThe Company delivered positive operating income of $63 in the third quarter of 2023 despite lower revenue compared to the prior year. Adjusted EBTIDA of $155 thousand in the third quarter of 2023 represents the twelfth consecutive quarter of positive adjusted EBITDA.INDUSTRY OUTLOOK Global demand for oil remains constant as the world’s major economies continue to rely on petroleum products in everyday life. Macroeconomic factors including continued inflationary pressures,...

Achieved Record Annual Revenue and Quarterly Profitability Milestone Initiates Fiscal 2024 Financial Guidance ARLINGTON, Va., Nov. 28, 2023 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services, and optimization software for renewables and storage, today announced its results for the three months and fiscal year ended September 30, 2023. Financial Highlights for fourth quarter and fiscal year ended September 30, 2023Record revenue for fiscal year 2023 of $2.2 billion and revenue for the fourth quarter of $673 million, representing an increase of approximately 85% from fiscal year 2022 and an increase of approximately 25% from the third quarter. GAAP gross margin improved to approximately 6.4% for fiscal year 2023 and 11.3% for the...