Day: November 29, 2023

Prime Mining Announces Graduation to the Toronto Stock Exchange

Prime Mining Announces Graduation to the Toronto Stock Exchange

May 2, 2023 Pit Constrained Resource Statement May 2, 2023 Pit Constrained Resource Statement VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) is pleased to announce that the Company will begin trading on the Toronto Stock Exchange (“TSX”) on December 5, 2023 following its graduation from the TSX Venture Exchange (the “TSXV”). The trading symbol for the common shares of Prime on the TSX will remain unchanged as “PRYM”. Concurrent with the commencement of trading on the TSX, the common shares of the Company will be delisted from the TSXV. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing. There will be no...

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Jade Power Announces Final Escrow Release and CVR Distribution and Filing of Q3 2023 Interim Financial Statements

Jade Power Announces Final Escrow Release and CVR Distribution and Filing of Q3 2023 Interim Financial Statements

TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.H) is pleased to announce that the final amount of €3,000,000 held in escrow pursuant to the closing of the Trust’s sale of all of its renewable energy operating assets (the “Sale Transaction”) to Enery Power Holding GmbH (“Enery”) and an affiliate thereof (the “Purchaser”) on November 22, 2022 has been released from escrow to the Trust. As a result of such release, the Trust announces that it will be paying an aggregate cash distribution of approximately $4,466,400 to holders of the Trust’s contingent value rights (each, a “CVR”), amounting to approximately $0.2007 per CVR, on or about December 8, 2023 to holders of record as of the close of business on December 6, 2023 in accordance with the terms of its CVR indenture dated December...

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ARHT Media Announces Q3 2023 Operating Results

ARHT Media Announces Q3 2023 Operating Results

TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART), (OTCQB:ARHTF) the global leader in the development, production, and distribution of high-quality, low latency hologram and digital content, today announced its financial results for the third quarter ended September 30, 2023. Q3 2023 Financial Update Revenue for Q3 2023 was $1.4M compared to $2.0M for Q3 2022. The decrease reflects our strategic shift to product sales from event rentals, which has a longer sales cycle but drives higher customer lifetime value and overall revenue. In addition, several customer sales agreements were pushed from Q3 into Q4 of 2023. Gross Margin increased to 57% in Q3 2023 vs. 51% in Q3 2022. Q3 2023 Adjusted EBITDA loss of – $1.8M vs -$1.4M in Q3 2022. Cash as of Sep 30, 2023 was...

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Patagonia Gold Quarter 3 2023 Financial Results

Patagonia Gold Quarter 3 2023 Financial Results

VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its financial results for the quarter ended September 30, 2023 (“Q3 2023”). The financial statements together with the related management’s discussion and analysis are available on the Company’s website and under the Company’s profile on SEDAR+ at www.sedarplus.ca. Highlights Generated revenue of US$3.3 million in Q3 2023. Produced 1,079 gold equivalent ounces(1) and sold 1,722 gold equivalent ounces(1) in Q3 2023. Incurred exploration expenditures totaling US$0.79 million in Q3 2023. The permitting process for the advancement of the Calcatreu project continues and once the new government, national and provincial, takes office on December 10, 2023 it is expected that the permitting process will...

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Exco Technologies Limited Announces Results for Fourth Quarter and Year Ended September 30, 2023

Exco Technologies Limited Announces Results for Fourth Quarter and Year Ended September 30, 2023

Record annual Sales of $619.3 million Fourth quarter Sales of $160.2 million compared to $140.4 million the prior year Quarterly Net Income of $9.2 million represents a 65% increase over prior year Fourth quarter EPS of $0.24 compared to $0.14 last year EBITDA of $22.9 million compared to $16.5 million the prior year quarter Confirms F2026 Revenue and EBITDA Targets of $750 million and $120 million; revises F2026 EPS Target to $1.50 Quarterly dividend of $0.105 per common share to be paid December 29, 2023 TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX-XTC, OTCQX-EXCOF) today announced results for its fourth quarter and year ended September 30, 2023. In addition, Exco announced a quarterly dividend of $0.105 per common share which will be paid on December 29, 2023 to shareholders of record on December...

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LIZHI INC. Reports Third Quarter 2023 Unaudited Financial Results

LIZHI INC. Reports Third Quarter 2023 Unaudited Financial Results

GUANGZHOU, China, Nov. 29, 2023 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company” or “We”) (NASDAQ: LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational Highlights Net revenues were RMB425.1 million (US$58.3 million) in the third quarter of 2023, compared with RMB565.2 million in the third quarter of 2022. Average total mobile MAUs1 in the third quarter of 2023 was 42.1 million, compared with 49.7 million in the third quarter of 2022. Average total monthly paying users2 in the third quarter of 2023 was 402.6 thousand, compared with 476.7 thousand in the third quarter of 2022. Mr. Jinnan (Marco) Lai, Founder and CEO of LIZHI, commented, “In the third quarter of 2023, we continued...

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Quorum Announces Q3 2023 Results

Quorum Announces Q3 2023 Results

Revenue at $10.4M, Adjusted EBITDA¹ at $2.0M CALGARY, Alberta, Nov. 29, 2023 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (TSX-V: QIS) (OTC Pink: QIFTF) (“Quorum”), a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers (“OEMs”) rely on for their operations, released its results today for the third quarter of 2023, ended September 30, 2023. Financial references are expressed in Canadian dollars unless otherwise indicated. Please refer to the MD&A and Financial Statements posted onto SEDAR related to non-IFRS measures and risk factors. “We continued to focus on profitable growth in Q3 and as a result our Adjusted EBITDA is up 15% to $2.0 million and Adjusted Cash Income (“ACI”)2 is up 13% to $1.3 million,” stated...

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BIGG Digital Assets Inc. Reports Financial Results For Q3 2023

BIGG Digital Assets Inc. Reports Financial Results For Q3 2023

VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (https://www.netcoins.com/ca/ and Netcoins USA https://www.netcoins.com/us/) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell and stake cryptocurrency, Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, and TerraZero Technologies Inc. a leading metaverse technology company with clients including Fidelity International, Warner Records, and Molson Coors, is pleased to report Q3 2023 financial results. All figures are in Canadian Dollars (CAD) unless otherwise stated. Q3 2023 Highlights: Gross...

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La-Z-Boy Incorporated Reports Strong Second Quarter Results;  La-Z-Boy Furniture Galleries® Network Written Same-Store Sales Up 1%;  Dividend Increased 10%

La-Z-Boy Incorporated Reports Strong Second Quarter Results; La-Z-Boy Furniture Galleries® Network Written Same-Store Sales Up 1%; Dividend Increased 10%

La-Z-Boy Reports Fiscal 2024 Second Quarter Results La-Z-Boy Furniture Galleries® network written same-store sales increased 1% GAAP diluted EPS of $0.63; Non-GAAP diluted EPS of $0.74 Year to date operating cash flow of $57 million, 84% above year ago period Dividend increased 10% over the prior dividend to $0.20 per share MONROE, Mich., Nov. 29, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today reported second quarter results for the period ended October 28, 2023. Sales totaled $511 million, on the high end of guidance provided last quarter and a decrease of 16% against a year ago period that benefited from delivery of pandemic related backlog. Written same-store sales for the entire La-Z-Boy Furniture Galleries® network increased 1% versus...

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Quisitive Reports Third Quarter 2023 Financial Results

Quisitive Reports Third Quarter 2023 Financial Results

TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft solutions provider and payments solutions provider, today reported financial results for the third quarter ended September 30, 2023. Management Commentary“We’ve recently begun to experience stable growth, a testament to the successful implementation of our strategic cost-cutting and disciplined management,” said Quisitive CEO Mike Reinhart. “Over the last six months, our sales figures have demonstrated resilience and stability, with our Global Cloud Solutions business showing a promising rebound. We anticipate this trend in our financial health and Global Cloud Solutions to persist in the coming quarters as we continue to execute prudent financial management and navigate through...

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