Day: January 27, 2024

Barrick Continues to be a Major Value Creator for Mali

Barrick Continues to be a Major Value Creator for Mali

All amounts expressed in US dollars LOULO, Mali, Jan. 27, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) and its predecessor, Randgold Resources, has been a valuable partner to Mali for 27 years and, in the face of many challenges, continues to work tirelessly with the Transition Government of Mali and local stakeholders to plot a new course for the country’s mining industry and promote it as an investment destination, says president and chief executive Mark Bristow. Speaking to media here today, Bristow said during this time its mines had contributed almost $10 billion to the Malian economy in the form of taxes, royalties, salaries and payments to local suppliers. Over the past 10 years, they have accounted for between 5% and 10% of Mali’s GDP and over Loulo-Gounkoto’s life the state has received more than...

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Stelmine announces the results of its annual meeting

Stelmine announces the results of its annual meeting

QUÉBEC, Jan. 26, 2024 (GLOBE NEWSWIRE) — Stelmine Canada (« Stelmine ») (STH-TSXV) today announced the results of the annual meeting of its shareholders on this date (the “Meeting”). During the Meeting, the candidates recommended by management, being André Proulx, Isabelle Proulx, Emmanuel Goulet, Michel Boily, Normand Goulet and Vaughn David Bricknell, were elected as directors of the Company. Brunet Roy Dubé, CPA S.E.N.C.R.L, were appointed as the Company’s independent auditors, and the Corporation’s Stock Option Plan (“Stock Option Plan”) was re-approved by the Company’s shareholders. Stelmine is proud to welcome Mr. Bricknell to its board of directors and is convinced he will play an active role in the direction of Stelmine. Mr Vaughn David Bricknell is a project/fund manager, with 28 years of experience in Financial Services,...

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Cal Water Receives Proposed Decision and Alternate Proposed Decision on 2021 General Rate Case

Cal Water Receives Proposed Decision and Alternate Proposed Decision on 2021 General Rate Case

SAN JOSE, Calif., Jan. 26, 2024 (GLOBE NEWSWIRE) — On January 24, 2024, the California Public Utilities Commission (CPUC) Administrative Law Judges assigned to California Water Service’s (Cal Water) 2021 General Rate Case issued a proposed decision; the assigned Commissioner issued an alternate proposed decision. Cal Water is currently reviewing both the proposed decision and the alternate proposed decision. The decisions are available on the CPUC’s website at docs.cpuc.ca.gov/SearchRes.aspx?DocFormat=ALL&DocID=523965968 (proposed) and docs.cpuc.ca.gov/SearchRes.aspx?DocFormat=ALL&DocID=524105168 (alternate). Parties to the General Rate Case may submit comments on the proposals by February 13, 2024, and the earliest the Commission may consider the proposals is March 7, 2024. At that time, the Commission could adopt all...

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Verde Announces 2024 Guidance, Highlighting Carbon Capture Potential for the Year, and Provides Update on 2023 Results

Verde Announces 2024 Guidance, Highlighting Carbon Capture Potential for the Year, and Provides Update on 2023 Results

SINGAPORE, Jan. 26, 2024 (GLOBE NEWSWIRE) — Verde AgriTech Ltd (TSX: “NPK”) (the “Company”) announces its preliminary and unaudited results for the period ending December 31, 2023 (“FY 2023”). The Company also announces its 2024 guidance, targeting sales of 800,000 tons of its multinutrient potassium products, BAKS® and K Forte®, sold internationally as Super Greensand® (the “Product”), and a carbon dioxide removal (“CDR”) potential of 38,300 tons of CO2.1 The yearly revenue from Product sales in 2024 is targeted at C$62.9 million, with an EBITDA of C$12.2 million, and C$0.5 million net profit. FY 2024 financial targets do not include any potential revenue from the sale of carbon credits. Verde’s financial results for the period ending December 31, 2023, are being examined by its auditors. In the interim, the Company offers...

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Special Announcement: POWR Lithium is Bordered on Two Sides by Documented Lithium Resources

Special Announcement: POWR Lithium is Bordered on Two Sides by Documented Lithium Resources

POWR’s Halo Project POWR Lithium VANCOUVER, British Columbia, Jan. 26, 2024 (GLOBE NEWSWIRE) — POWR Lithium Corp. (CSE: POWR) (FRA: 6JX / WKN: A3D6BS) (OTCQB: PWRLF) (“POWR” or the “Company”), a mineral exploration and development company focused on American lithium deposits to support domestic demand, is pleased to provide the following summary of their recently held special investor call. Highlights: POWR’s Halo property sits between two documented lithium resources held by American Battery Technology and American Lithium. Results of POWR’s Phase 1 drilling show a likely continuation of similar geology across all three properties. POWR targets demonstrating an inaugural resource with upcoming Phase 2 drill program, hopeful the results will make Halo an attractive acquisition target. “POWR Lithium is centered between...

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ZoomerMedia Limited Announces First Quarter 2023-24 Financial Results

ZoomerMedia Limited Announces First Quarter 2023-24 Financial Results

TORONTO, Jan. 26, 2024 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 17.2 million “Zoomers” aged 45-plus, and the generations that follow in their footsteps, today announced its financial results for the first quarter ended November 30, 2023. Consolidated Results For the three months ended November 30, 2023 the Company generated revenues of $16.9 million, operating expenses of $15.5 million and Adjusted EBITDA of $1.4 million. Net loss for the same period was $0.23 million. For the comparative three months ended November 30, 2022 the Company had revenues of $17.6 million, operating expenses of $15.0 million and Adjusted EBITDA of $2.6 million. Net income for the three months was $1.0 million. EBITDA and Adjusted EBITDA are non-IFRS earnings measures which do not have...

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Sound Financial Bancorp, Inc. Q4 2023 Results

Sound Financial Bancorp, Inc. Q4 2023 Results

SEATTLE, Jan. 26, 2024 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (the “Company”) (Nasdaq: SFBC), the holding company for Sound Community Bank (the “Bank”), today reported net income of $1.2 million for the quarter ended December 31, 2023, or $0.47 diluted earnings per share, as compared to net income of $1.2 million, or $0.45 diluted earnings per share, for the quarter ended September 30, 2023, and $2.9 million, or $1.12 diluted earnings per share, for the quarter ended December 31, 2022. The Company also announced today that its Board of Directors declared a cash dividend on Company common stock of $0.19 per share, payable on February 21, 2024 to stockholders of record as of the close of business on February 7, 2024. Comments from the President and Chief Executive Officer “In the fourth quarter,...

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