Month: January 2024

VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) provides financial and operating highlights for the third quarter ended November 30, 2023. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium comments, “This was an extremely busy period with significant achievements across our projects in Peru and Nevada. This momentum has continued past quarter end with the completion of the updated PEA for Falchani, highlighting very robust economics for the project, including a tripling of NPV from the last PEA.” Highlights of the Quarter:Resource Update at Falchani – newly updated mineral resource estimate (“MRE”) resulted in a 476% increase in Measured and Indicated...

Net sales were $40 million in the first quarter, a 14.2% reduction compared to the same quarter last year which included on-demand sales, and a $3 million increase compared to the fourth quarter of Fiscal 2023 Gross margin increased to 39.4% for the quarter, an improvement of 3.9% quarter-over-quarter and the highest ever achieved in a first quarter, with gross profit at $16 million, a 5% reduction compared to the same quarter last year Net loss for the quarter was $2 million, a $10 million improvement compared to the same quarter last year Adjusted EBITDA margin1 of 3.6% for an adjusted EBITDA1 of $1.5 million this quarter, a $3.8 million improvement compared to the same quarter last year Cash flows provided by operations were $4 million for the quarter, an improvement of $10 million compared to the same quarter last year, resulting...

NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) — Waldencast plc, (NASDAQ: WALD) (“Waldencast”), a global multi-brand beauty and wellness platform, today announced that it filed its annual report for the fiscal year ended December 31, 2022 on Form 20-F (“2022 20-F”) including restated financials for Fiscal Years 2021 and 2020 with the securities and exchange commission, which is also available on its investor relations site at https:/ir.waldencast.com/. 2022 Results Highlights On July 27, 2022 (the “Closing Date”), Waldencast consummated the business combination (“Business Combination”) with Obagi Global Holdings Limited (“Obagi Skincare”) and Milk Makeup LLC (“Milk Makeup”). The results below set out certain key performance highlights for the business for the periods presented in the 2022 20-F. When reading the financial statements included...