Year: 2023

Company reported positive clinical data for QRX003 from first six evaluable subjects in ongoing open-label Netherton Syndrome study Positive benefits were observed across a number of clinical endpoints including pruritus, Investigator skin scoring system and patient global assessment No safety concerns have been observed to date in either ongoing clinical study Quoin expects its cash runway will extend through the end of 2024 ASHBURN, Va., Nov. 08, 2023 (GLOBE NEWSWIRE) —  Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) (the “Company” or “Quoin”), a clinical stage, specialty pharmaceutical company focused on rare and orphan diseases, today provides a business update and announces financial results for the quarter ended September 30, 2023. Quoin CEO, Dr. Michael Myers, said, “While still early-stage, we are extremely excited by the positive...

TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its third quarter 2023 financial results. All amounts are in U.S. dollars, unless otherwise noted. Delivering Record Third Quarter Operating and Financial ResultsAchieved record quarterly revenue of $480.5 million with strong consolidated copper production of 41,964 tonnes and record quarterly consolidated gold production of 101,417 ounces as higher grades from the Pampacancha deposit in Peru and the Lalor mine in Manitoba were realized together with the first full quarter of Copper Mountain production for Hudbay. Reaffirmed full year 2023 production, cash cost and sustaining cash cost guidance for Hudbay’s Peru and Manitoba operations. Issued Copper Mountain production, cash cost and capital expenditure guidance...

Third Quarter 2023 Total Revenues of $271M, above the prior guidance range Third Quarter 2023 Pre-Tax Loss of  $(266)M and Adjusted EBITDA(2) of $20M Updates FY 2023 guidanceGAITHERSBURG, Md., Nov. 08, 2023 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) today reported selected financial results for the third quarter ended September 30, 2023. The selected financial results reported include limited third quarter and year-to-date results, as well as selected balance sheet and cash flow information. As part of our quarterly review process, the Company determined that its state deferred tax liability was overstated as of December 31, 2022, resulting in an understatement of the income tax benefits reflected on the Company’s income statement. While these non-cash items do not have any impact on the Company’s liquidity, cash...

VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three and nine months ended September 30, 2023. 2023 Third Quarter and Nine-Month Financial, and Operational HighlightsDuring the third quarter, commercial decaffeination on Swiss Water’s second production line in Delta, BC, started for the first time. This marked the completion of the consolidation of production at one site, and the end of the transition from the Company’s legacy production facility in Burnaby, BC. Swiss Water operated with a capacity constraint during the third quarter, and as expected, volumes shipped to customers decreased by 31% in Q3 and by 14% for...

CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented, liquids rich natural gas producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce our operating and financial results for the three and nine month periods ended September 30, 2023. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on our website and filed on SEDAR at www.sedar.com. HIGHLIGHTS26,834 boe per day1 (161 mmcfe per day) average production in Q3/23 was in-line with previous quarterly guidance of 26,000 to 28,000 boe per day and reflects the impact of shutting-in production for offsetting completion operations, planned third-party gas plant maintenance and the...

ADJUSTED EBITDA OF $122 MILLION AND $71 MILLION OF OPERATING CASH FLOW CONTINUED STRONG BOOKINGS AND RECORD ENGINEERED SYSTEMS BACKLOG OF $1.6 BILLION ON TRACK FOR NET DEBT-TO-EBITDA RATIO OF

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended September 30, 2023 (the “quarter”) and the nine months ended September 30, 2023 (“YTD”). HIGHLIGHTSRoyalty Pool Sales(1) down 1.5% to $176.1M for the quarter and up 8.5% to $539.2M YTD KRL Average Sales per Operating Week(1) down 1.1% to $130,000 per Operating Week for the quarter and up by 4.6% to $132,000 per Operating Week YTD Same Store Sales(1) up 0.2% for the quarter and up 9.7% YTD Distributable Cash(1) down 2.8% to $0.286/Fund unit for the quarter and up 13.2% to $0.921/Fund YTD Payout Ratio(2) was 99.3% for the quarter and 92.5% YTDRoyalty Pool Sales reported...