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Day: December 15, 2023

Barnwell Industries, Inc. Reports Fourth Quarter and Year End Results

Divestiture of Hawaii Contract Drilling Operations to StreamlineOperations and Reduce Corporate Overhead Oil and Gas Drilling Program Planned HONOLULU, Dec. 15, 2023 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today announced its financial results for the fourth quarter and year ended September 30, 2023. The Company reported consolidated revenue of $6.8 million and a net loss of $96,000 which equates to a loss of $0.01 per share for the fourth quarter, and $25.3 million in full year consolidated revenue, with a net loss of $961,000 for the full year, or a loss of $0.10 per share. Alexander Kinzler, Chief Executive Officer of Barnwell, commented, “Our small loss for the quarter was a result of declines in prices as compared to the prior year quarter for...

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Cielo Announces Fiscal Q2 2024 Financial Results and Filing of Restated Q1 Financial Statements

CALGARY, Alberta, Dec. 15, 2023 (GLOBE NEWSWIRE) — Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”), a waste‐to‐fuel company, today announced its financial results for the six months ended October 31, 2023 and 2022 (the “Q2 Financial Statements”) as well as the filing of its restated unaudited interim financial statements for the three months ended July 31, 2023 and 2022 (the “Restated Financial Statements”). Copies of the unaudited Q2 Financial Statements and related management’s discussion and analysis can be found on the Company’s issuer profile at www.sedarplus.ca. All financial information in this news release is reported in Canadian dollars, unless otherwise indicated. Q2 2024 HIGHLIGHTS During, and subsequent to the quarter ended October 31, 2023, Cielo achieved the following goals:Closing...

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HII’s Ingalls Shipbuilding Authenticates Keel of Destroyer George M. Neal (DDG 131)

George M Neal (DDG 131) Keel AuthenticationIngalls Structural Welder Morris Johnson welds the initials of Mrs. Kelley Neal Gray onto the keel plate that will be permanently part of George M. Neal (DDG 131).PASCAGOULA, Miss., Dec. 15, 2023 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding announced today the keel authentication of the Arleigh Burke-class (DDG 51) guided missile destroyer George M. Neal (DDG 131). The ship’s name honors George M. Neal, a Korean War veteran and an aviation machinist’s mate third class who was awarded the Navy Cross for his heroic actions while attempting to rescue a fellow service member. “Laying the keel of another Flight III DDG is a great way to celebrate the namesake of the ship and our world-class shipbuilders,” Ingalls Shipbuilding DDG-51 Program Manager Ben Barnett said. “Our...

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Melcor REIT announces December distribution of $0.04 per unit

EDMONTON, Alberta, Dec. 15, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distribution of $0.04 per unit for the month of December 2023 unchanged from previous months. The December distribution will be payable as follows:Month Record Date Distribution Date Distribution AmountDecember 2023 December 29, 2023 January 15, 2024 $0.04 per unit       About Melcor REIT Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canada. Its portfolio is currently made up of interests in 38 properties representing approximately 3.1 million square feet of gross leasable area located across Alberta and...

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Red White & Bloom Extends Outside Date of Aleafia Transaction as it Awaits Regulatory Approval

TORONTO, Dec. 15, 2023 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) is providing an update on matters relating to Aleafia Health Inc. (“Aleafia Health”). Following receipt of the approval and reverse vesting order from the Ontario Superior Court of Justice (Commercial List) on October 31, 2023, RWB has continued to work with Aleafia Health and certain of Aleafia Health’s subsidiaries to implement the transactions contemplated by the previously announced stalking horse asset purchase and share subscription agreement, as amended and restated on October 24, 2023 (the “Amended Stalking Horse Agreement”) among RWB, Aleafia Health and certain of Aleafia Health’s subsidiaries. RWB remains committed to completing the transactions as soon as possible. At this time, the only unsatisfied...

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Extendicare Announces December 2023 Dividend of C$0.04 per Share

MARKHAM, Ontario, Dec. 15, 2023 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of December 2023, which is payable on January 15, 2024 to shareholders of record at the close of business on December 29, 2023. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. We are committed to delivering quality care throughout the health continuum to meet the needs of a growing seniors population. We operate or provide managed services...

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Wake Forest Bancshares, Inc. Receives Shareholder Approval for Merger with Piedmont Financial Holding Company

Merger Expected to Close on January 2, 2024 WINSTON-SALEM, N.C. and WAKE FOREST, N.C., Dec. 15, 2023 (GLOBE NEWSWIRE) — Piedmont Financial Holding Company, the parent company of Piedmont Federal Savings Bank (“Piedmont Federal”), and Wake Forest Bancshares, Inc. (OTC Pink: WAKE), the parent company of Wake Forest Federal Savings and Loan Association (“Wake Forest Federal”), announced that Wake Forest Bancshares, Inc.’s shareholders have approved the merger between Piedmont Financial Holding Company and Wake Forest Bancshares, Inc. and the related merger of Wake Forest Federal into Piedmont Federal. Pursuant to the terms of the transaction, minority shareholders of Wake Forest Bancshares will receive $34.34 in cash for each publicly owned share. Subject to the satisfaction of customary closing conditions, the transaction is expected...

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e.GO Receives Nasdaq Notice Regarding Minimum Bid Price Requirement

AACHEN, Germany, Dec. 15, 2023 (GLOBE NEWSWIRE) — Next.e.GO N.V. (Nasdaq: EGOX) (“e.GO” or the “Company”) today announced that on December 12, 2023 the Company received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the minimum bid price requirement (“Minimum Bid Requirement”) of US$1.00 per share under Nasdaq Listing Rule 5450(a)(1) based upon the closing bid price of the Company’s common stock for the 30 consecutive business days prior to the date of the Notice. This announcement is made pursuant to Nasdaq Listing Rule 5810(b). The Notice has no immediate effect on the listing or trading of the Company’s common stock on Nasdaq, and the Company’s operations are not affected by the receipt of the Notice. In accordance with Nasdaq Listing Rule 5810(c)(3)(A),...

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ENZO BIOCHEM REPORTS FIRST QUARTER FISCAL 2024 RESULTS AND PROVIDES BUSINESS UPDATE

FARMINGDALE, NY, Dec. 15, 2023 (GLOBE NEWSWIRE) — Enzo Biochem, Inc. (NYSE: ENZ) (“Enzo” or the “Company”) today announced financial results for the first quarter ended October 31, 2023. First Quarter HighlightsThe Company’s Life Sciences division’s first quarter revenue improved year-over-year by 10% driven by increased demand in multiple product areas, and stability in our multi-pronged channel to market approach.   The Life Sciences division’s first quarter gross margin was 44.3%, which improved sequentially and year-over-year by approximately 900 basis points.  This favorable result was driven by cost containment initiatives, manufacturing improvements and realignment of the product portfolio.    Enzo’s working capital improved from $58.5 million at July 31, 2023 to $59.2 million at October 31, 2023. We...

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GreenMobility A/S announces result of fully subscribed Private Placement

Company Announcement no. 138 – 2023Copenhagen, December 15th, 2023 GreenMobility A/S announces result of fully subscribed Private Placement With reference to company announcement no. 134 of 14 December 2023, GreenMobility A/S (”GreenMobility” or the “Company”) announces the result of the subscription for the Private Placement. 889,129 shares were subscribed at DKK 29.50, which is the result of the closing share price of 31.70 on 14 December 2023, with approx. 7% discount, raising gross proceeds of DKK 26.2 million. GreenMobility’s share capital will be increased by nominally DKK 355,651.60 as a result of the completion of the Private Placement. Accordingly, the nominal value of the Company’s total share capital will amount to DKK 2,135,265.20 divided into 5,338,163 shares each carrying 1 voting right, corresponding to a total of 5,338,163...

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