Canadian Spirit Resources Inc. Announces the Reactivation of Natural Gas Production at Farrell Creek, Northeast British Columbia, and the First Quarter September 30, 2023 Financial Results

Written by Customer Service on November 28, 2023. Posted in Earnings Releases And Operating Results.

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...

Quisitive Announces Sale of PayiQ

Written by Customer Service on November 28, 2023. Posted in Mergers And Acquisitions.

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft solutions provider and payments solutions provider, announced that it has entered into a definitive stock purchase agreement dated November 28, 2023 with Fulcrum IT Partners (“Fulcrum”) pursuant to which Quisitive has agreed to sell its LedgerPay, Inc (“PayiQ”) subsidiary which includes the PayiQ cloud-enabled payment processing platform, operations and team (the “Transaction”). The details of the Transaction are set forth in a definitive share purchase agreement between the Company, a wholly-owned subsidiary of the Company, and a wholly-owned subsidiary of Fulcrum (“Fulcrum Payments”), that was negotiated at arm’s length. Completion of the Transaction is subject to a...

Clip Money Inc. Reports Third Quarter 2023 Results

Written by Customer Service on November 28, 2023. Posted in Earnings Releases And Operating Results.

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...

CF Energy Announces Q3 and Nine Months Results of 2023

Written by Customer Service on November 28, 2023. Posted in Earnings Releases And Operating Results.

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 Operations In 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 12.6 Gross Profit 31.6 18.1 13.5 75% 6.1 3.5 2.6 Gross Profit Margin 25.2% 30.6% -5.4% Net Profit 8.2 0.3 7.9 >999% 1.6 0.1 1.5 Adjusted...

Vortex Announces Private Placement for up to C$2M

Written by Customer Service on November 28, 2023. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 28, 2023 (GLOBE NEWSWIRE) — Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) (“Vortex” or the “Company“) is pleased to announce a non-brokered private placement for gross proceeds of up to C$2,000,000 (the “Offering”). The Offering is expected to consist of the offering of: (i) units of the Company at a price of $0.35 per unit (the “$0.35 Unit”) for aggregate gross proceeds of up to C$1,000,000, with each $0.35 Unit comprised of one non-flow-through common share of the Company (each, a “Share”) and one Share purchase warrant of the Company entitling the holder to acquire one Share (each, a “Warrant Share”) at a price of C$0.50 per Warrant Share for a period of twenty-four...

Fenix 360 Pte Ltd. To Go Public Through Merger With DUET Acquisition Corp. to Create a Global Social Media Platform

Written by Customer Service on November 28, 2023. Posted in Public Companies.

NEW YORK, Nov. 28, 2023 (GLOBE NEWSWIRE) — Fenix 360 Pte Ltd (“FENIX360”), a global social media company incorporated in Singapore that is designed to provide artists and creators with enhanced compensation, tools and control, and DUET Acquisition Corp. (NASDAQ: DUET) (“DUET”), a special purpose acquisition company incorporated in Delaware, announced today that that they have entered into a business combination agreement (the “Business Combination Agreement”), pursuant to which DUET will acquire 100% of the outstanding equity interests of FENIX360 (the “Transaction”). The Transaction is expected to be completed in the first half of 2024, subject to regulatory approvals and other customary closing conditions. The Transaction values FENIX360 at a $610 million enterprise value. About FENIX360 FENIX360 is an artist-centric, multi-genre...

ThreeD Capital Inc. Releases Results For the Three Months Ended September 30, 2023

Written by Customer Service on November 28, 2023. Posted in Earnings Releases And Operating Results.

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,...

DIVERGENT Energy Services Announces the Release of 2023 Third Quarter Results

Written by Customer Service on November 28, 2023. Posted in Earnings Releases And Operating Results.

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 QUARTER The 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,...

Fluence Energy, Inc. Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results

Written by Customer Service on November 28, 2023. Posted in Earnings Releases And Operating Results.

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, 2023 Record 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...

CDSG Note Settlement

Written by Customer Service on November 28, 2023. Posted in Public Companies.

Las Vegas, NV, Nov. 28, 2023 (GLOBE NEWSWIRE) — Titan Lithium Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) is pleased to announce it as come to a settlement agreement with Henning Mager on his note to issue 8,000,000 shares restricted for a period of 2 years. In the next quarterly filings, it will be reflected that this note has been settled in full. There are no outstanding conversions. About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium, Inc., is a lithium explorer and developer with operations in Nevada, USA and The United Republic of Tanzania. Contact: Harp Sangha-Chairman sanghaharp1964@titanlithiuminc.com +1-702-595-2247 titanlithiuminc.com Forward-Looking Statements: This press release may contain “forward-looking...

Day: November 28, 2023

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