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Year: 2023

CF Energy Announces Q3 and Nine Months Results of 2023

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...

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Vortex Announces Private Placement for up to C$2M

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...

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

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...

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

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,...

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DIVERGENT Energy Services Announces the Release of 2023 Third Quarter 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 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,...

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

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CDSG Note Settlement

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...

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Spectroscopy Announces the Acquisition of Spectroscopy Europe and Spectroscopy World

Ian Michael was the Editor and Publisher of Spectroscopy Europe and Spectroscopy World since 1975, where he wrote about the latest trends in analytical sciences.Michael cared very deeply about the advertisers and readers of both publications, and always added a personal touch to his work.CRANBURY, N.J., Nov. 28, 2023 (GLOBE NEWSWIRE) — MJH Life Sciences® and Spectroscopy® are thrilled to announce the acquisition of Spectroscopy Europe and Spectroscopy World, two leading digital magazines for experts in the analytical sciences. This acquisition will expand Spectroscopy’s global reach, growing its audience to more than 71,500 readers worldwide. The merger of the publications will expand Spectroscopy’s mission to provide valuable, practical and leading-edge information to the spectroscopy community. “This exciting...

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Inventronics Announces 2023 Q3 Financial Results

CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) — Inventronics Limited (“Inventronics” or the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, power distribution, energy and other industries in North America, today announced its unaudited 2023 Q3 financial results. For the three months ended September 30, 2023, Inventronics reported a net loss of $94,000, or 1.9 cents per share, on revenue of $1,463,000 compared to net earnings of $536,000, or 11.1 cents per share, on revenue of $3,400,000 for the three months ended September 30, 2022. For the nine months ended September 30, 2023, Inventronics reported net earnings of $576,000, or 11.8 cents per share, on revenue of $7,900,000 compared to net earnings of $1,841,000, or 38.3 cents per share, on revenue of $11,374,000...

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CPS Technologies Corporation to Participate in Virtual Investor Summit on December 7, 2023

NORTON, Mass., Nov. 28, 2023 (GLOBE NEWSWIRE) — CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced that it will participate in the Virtual Investor Summit conference, open to institutional investors, on December 7. A general presentation, to be webcast live, will be held at 10:00 am Eastern.  Event: Investor Summit  Presentation: December 7th, 2023 @ 10:00 AM ET  Location: https://us06web.zoom.us/webinar/register/WN_TYPCYNyXTJKHkcMtrzLfkwFor one-on-one investor calls, please contact the Investor Summit Group directly or CPS Technologies investor relations. About CPS CPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intellectual property include critical pieces of...

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