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Day: January 11, 2024

Volaris First Quarter and Full Year 2024 Guidance

MEXICO CITY, Jan. 11, 2024 (GLOBE NEWSWIRE) — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, today announced its guidance for the first quarter and full year 2024. For 2024, Volaris remains focused on executing its business plan to serve robust demand in its domestic and international markets and drive profitable growth despite constraints due to accelerated GTF engine preventive inspections. The Company’s priorities for the year are: (i) ensuring the safety of our ambassadors and customers, (ii) driving profitability, and (iii) optimizing network reliability. Additionally, we maintain the 2023 guidance provided to the market on October 10, 2023. For the first quarter...

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Iridex Launches New Iridex 532® and Iridex 577® Lasers in US Market Marking 35 Years of Laser Innovation in Treating Retina Disorders & Glaucoma

MOUNTAIN VIEW, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) — Iridex Corporation, a global leader in innovative laser-based medical systems for the treatment of eye diseases, proudly announces the US launch of its next-generation platform Iridex 532® and Iridex 577® Lasers alongside its 35th anniversary celebration. The announcement was made ahead of their official showcase at the Hawaiian Eye and Retina 2024 Meeting from January 13-19, 2024. Both lasers harness multiple treatment modes including continuous-wave and Iridex’ patented MicroPulse® Technology and an intuitive touchscreen interface providing a wide range of clinical control options and features to optimize the treatment of retinal disorders and glaucoma. David Bruce, President and CEO of Iridex Corporation, said, “The launch of the new Iridex 532 and Iridex 577 Lasers stands...

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Prairie Operating Announces Acquisition of Producing E&P Assets

Transaction Expected to be Immediately Accretive to Key Financial Metrics Adds 3,370 Boepd, Proven PV10 of over $250MM, and 62 Permitted PUDs to Existing Denver Julesburg (“DJ”) Basin Portfolio HOUSTON, Jan. 11, 2024 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP; the “Company” or “Prairie”) today announced it has entered into a definitive agreement to acquire the assets of Nickel Road Operating LLC (“NRO”) for a total consideration of $94.5 million, subject to certain closing price adjustments and other customary closing conditions.  The total consideration consists of $83 million in cash and $11.5 million in deferred cash payments.  The effective date of the transaction is February 1, 2024. The acquisition is expected to be accretive to Prairie’s shareholders across key financial metrics including production, reserves,...

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Velan Inc. Reports Its Fiscal 2024 Third Quarter Financial Results

MONTREAL, Jan. 11, 2024 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2023. All amounts are expressed in U.S. dollars unless indicated otherwise. THIRD QUARTER RESULTS:Sales of $80.9 million, down $14.3 million or 15.0% compared to last year, but up $0.6 million or 0.8% from the second quarter of the current fiscal year. Gross profit of $16.4 million, or 20.2% of sales, compared to $29.0 million, or 30.4% of sales, last year. Net loss1 of $7.3 million compared to net income1 of $2.7 million last year. Net new orders (“bookings”)2 of $78.3 million, compared to $99.2 million last year. Order backlog2 of $485.0 million at quarter end, up $20.7 million or 4.5% since the beginning of the year. Net...

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Amlan International Set To Exhibit Natural Mineral Technology At International Production And Processing Expo (IPPE)

Amlan International Will Showcase Mineral Technology at International Production and Processing Expo (IPPE)January 30th-February 1st 2024CHICAGO, Jan. 11, 2024 (GLOBE NEWSWIRE) — Amlan® International, the animal health business of Oil-Dri® Corporation of America, is proud to announce its participation in the upcoming International Production and Processing Expo (IPPE), from January 30th to February 1st in Atlanta, Georgia. Amlan is set to showcase its commitment to advancing animal health and feed technology through multiple on-site presentations. The Amlan team looks forward to engaging with an international audience of animal production professionals, sharing comprehensive insights into its range of mineral based feed additives with attendees, media, and fellow exhibitors at booth B15005.  NeutraPath®, natural pathogen...

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ReWalk Robotics Ltd. to Present at Sidoti Virtual Investor Conference on January 17

MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, Jan. 11, 2024 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) announced that Larry Jasinski, Chief Executive Officer, and Mike Lawless, Chief Financial Officer, will provide an overview presentation and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference, taking place on January 17-18, 2024. The presentation will begin at 2:30 PM EST on January 17, 2024 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_ZpcK-ahiRLabYaQ5ySQKsw. ReWalk will also host virtual one-on-ones with investors on Wednesday and Thursday, January 17-18, 2023. Registration is available to interested investors for the presentation or one-on-ones at www.sidoti.com/events. Registration is free and interested investors...

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Post Holdings Schedules First Quarter Fiscal Year 2024 Conference Call

ST. LOUIS, Jan. 11, 2024 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it will hold a conference call on Friday, February 2, 2024 at 9:00 a.m. ET to discuss financial results for the first quarter of fiscal year 2024 and fiscal year 2024 outlook and to respond to questions. Robert V. Vitale, President and Chief Executive Officer, Jeff A. Zadoks, Executive Vice President and Chief Operating Officer, and Matthew J. Mainer, Senior Vice President, Chief Financial Officer and Treasurer, will participate in the call. Post also announced it plans to release its financial results for the first quarter after market close on Thursday, February 1, 2024. Interested parties may join the conference call by registering in advance at the following link: Post Q1 2024 Earnings Conference...

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NuVista Energy Ltd. Announces Record Quarterly Production and Record Return of Capital to Shareholders

CALGARY, Alberta, Jan. 11, 2024 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company“) (TSX: NVA) is pleased to announce record-setting quarterly production and share repurchases in the fourth quarter of 2023. Production for the quarter ended December 31, 2023 achieved a new record for NuVista, reaching a field-estimated 85,900 Boe/d, well above our fourth quarter guidance range of 82,000 – 84,000 Boe/d. This production included approximately 31% condensate, 9% NGLs, and 60% natural gas. The increased production is the result of strong performance from the new wells in the 2023 development program across all assets, coupled with continued success in the debottlenecking of NuVista and 3rd party midstream facilities. Full year 2023 production is estimated to be approximately 77,200 Boe/d, above...

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SJI Appoints Timothy Lowry as Senior Vice President and General Counsel

FOLSOM, NJ, Jan. 11, 2024 (GLOBE NEWSWIRE) —                                                                                                  Media Contact: Krystle Straus 609-561-9000 ext. 4131                 kstraus@sjindustries.com FOR IMMEDIATE RELEASE SJI Appoints Timothy Lowry as Senior Vice President and General Counsel FOLSOM, NJ, January 11, 2024 – SJI announced the appointment of Timothy “Tim” Lowry to senior vice president and general counsel effective January 8. As general counsel, Lowry will serve as the principal legal officer for SJI and key advisor to the CEO, senior management, and the Board of Directors. He will also be responsible for strategic leadership for the Office of the General Counsel, providing the expertise needed to support SJI’s growing business. “We are thrilled to welcome Tim to SJI,” said SJI...

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Ameriwest Lithium Provides Update on Its Thompson Valley Lithium Project, AZ

Figure 1 Mineral Rights, Thompson Valley Property, AZFigure 1 Mineral Rights, Thompson Valley Property, AZ – Ameriwest LithiumVANCOUVER, British Columbia, Jan. 11, 2024 (GLOBE NEWSWIRE) — Ameriwest Lithium Inc. (the “Company” or “Ameriwest”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0) is pleased to report that, through its wholly owned subsidiary Oakley Ventures USA Corp. (Oakley), it has successfully negotiated Surface Use Agreements (SUAs) with the ranchers that have grazing rights overlapping its Arizona State Mineral Exploration Permits and nearby private surface lands at its Thompson Valley Project (“TV Project”), Arizona. This is a major milestone in acquiring approvals necessary for a Phase 1 drilling program at the TV Project.  The SUAs provide for:Use of the private gate and road entering the western TV Project...

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