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Month: February 2024

Colabor Group Reports Results for the Fourth Quarter and Fiscal 2023, Completes With Success the Relocation to Its New Distribution Center and Announces the Acquisition of Assets Related to Foodservice Sector

SAINT-BRUNO-DE-MONTARVILLE, Quebec, Feb. 29, 2024 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) reports its results for the fourth quarter and fiscal year ended December 30, 2023. Fourth Quarter 2023 Financial Highlights:Sales increased by 1.6% to $196.3 million, compared to $193.2 million for the corresponding period of 2022. In 2022, the quarter had an additional week. Excluding sales from the additional week of 2022, sales growth would have been 5.8%; Decrease of net earnings from continuing operations to $0.4 million compared to $1.7 million for the corresponding period of 2022; Adjusted EBITDA(1) increased by 18.2% to $11.7 million from $9.9 million for the corresponding period of 2022 and increase in adjusted EBITDA(1) margin to 5.9% of sales compared to 5.1% of sales during the corresponding...

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Petrus Resources Declares Monthly Dividend for March 2024

CALGARY, Alberta, Feb. 29, 2024 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable March 28, 2024, to shareholders of record on March 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. ABOUT PETRUSPetrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT:Ken Gray President and Chief Executive Officer T: 403-930-0889 E: kgray@petrusresources.com

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Athabasca Oil Announces 2023 Year-end Results & Reserves and Plans to Renew Annual Share Buyback Program

CALGARY, Alberta, Feb. 29, 2024 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its audited 2023 year-end results and reserves. Athabasca provides investors unique positioning to top tier liquids weighted assets (Thermal Oil and Duvernay) with a capital allocation framework aimed at maximizing cash flow per share growth and returning capital to shareholders. Year-end 2023 Corporate ResultsProduction: Average production of 34,490 boe/d (95% Liquids), achieving annual guidance of 34,500 boe/d, after adjusting for the sale of non-core Light Oil assets. Cash Flow: Adjusted Funds Flow of $295 million & Cash Flow from Operating Activities of $306 million. Capital Program: $140 million, below annual guidance of $145 million, with $99 million invested at its cornerstone...

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Major Drilling Announces Third Quarter Results, Strong Cash Generation Continues

MONCTON, New Brunswick, Feb. 29, 2024 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, today reported results for the third quarter of fiscal 2024, ended January 31, 2024.  Quarterly HighlightsRevenue of $132.8 million, down 11% from the $149.2 million recorded for the same quarter last year. Foreign exchange loss of $2.9 million in Argentina due to significant devaluation of the Argentine Peso in December. Net loss of $2.3 million (or $0.03 per share), compared to net earnings of $6.3 million (or $0.08 per share) for the same period last year. Repurchased 317,400 shares at a cost of $2.7 million. Net cash(1) position increased $12.2 million during the quarter to $96.4 million. Collaborative investments...

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Martinrea International Inc. Reports Record Annual Sales and Free Cash Flow, Announces Dividend

TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the fourth quarter and year ended December 31, 2023, and declared a quarterly cash dividend of $0.05 per share. HIGHLIGHTS Full Year 2023:Total sales of $5,340.0 million, an annual record for the Company. Diluted net earnings per share of $1.93 and Adjusted Net Earnings per Share(1) of $2.22. Free Cash Flow(1) of $195.4 million, an annual record for the Company. Adjusted Operating Income Margin(1) of 5.6%. Adjusted EBITDA(1) of $616.7 million, an annual record for the Company. Net debt-to-Adjusted EBITDA(1) ratio,...

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CENTOGENE Collaborates on Research Published in Science Showing Immunopathological Landscape of Human Pre-TCRα Deficiency

Complete Pre-TCRα Deficiency Found to be Very Rare, Partial Form More Common Than Expected CAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, Feb. 29, 2024 (GLOBE NEWSWIRE) — CENTOGENE N.V. (Nasdaq: CNTG) (the “Company”), the essential life science partner for data-driven answers in rare and neurodegenerative diseases, today announced the publication in Science of research on human pre-T cell receptor alpha (pre-TCRα) deficiency, a condition that often results in infection, lymphoproliferation, and autoimmune conditions, and its effect on human immunity. The research, conducted in collaboration with the Laboratory of Human Genetics of Infectious Diseases at Institut Imagine and researchers around the world, analyzed the function of αβ and γδ T lymphocytes, two lineages of adaptive immunity in vertebrates, in particular the essential...

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Sage brings expertise in data and insights to global sport via partnership with Sportable 

TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) — Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, is partnering with Sportable, a global data collection and analytics platform, to bring deeper, AI-led insights to the biggest sports in North America and beyond. The strategic marketing partnership follows Sage’s role as ‘Official’ and ‘Insights’ Partner to well-known brands, including Major League Baseball and builds on its commitment to unleash potential through data, as it does every day for millions of SMB customers.  Sage and Sportable will develop a global sports index, bringing together millions of AI-led insights generated across the sports world by Sportable technology. It will provide open access for anyone to identify trends and better understand key indicators of high performance...

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Sage brings expertise in data and insights to global sport via partnership with Sportable

ATLANTA, Feb. 29, 2024 (GLOBE NEWSWIRE) — Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, is partnering with Sportable, a global data collection and analytics platform, to bring deeper, AI-led insights to the biggest sports in North America and beyond. The strategic marketing partnership follows Sage’s role as ‘Official’ and ‘Insights’ Partner to well-known brands, including Major League Baseball, and builds on its commitment to unleash potential through data, as it does every day for millions of SMB customers. Sage and Sportable will develop a global sports index, bringing together millions of AI-led insights generated across the sports world by Sportable technology. It will provide open access for anyone to identify trends and better understand key indicators of high performance...

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Bunker Hill Provides Project Restart Update February 2024

Barnhart transporting Golden Sunlight milling equipment from Montana to IdahoBarnhart transporting Golden Sunlight milling equipment from Montana to IdahoBarnhart transporting Golden Sunlight milling equipment from Montana to IdahoBarnhart transporting Golden Sunlight milling equipment from Montana to IdahoBunker Hill team member showing the Golden Sunlight Rod Mill to visiting engineers from AusencoBunker Hill team member showing the Golden Sunlight Rod Mill to visiting engineers from AusencoPower being ‘dropped’ from the Cherry Raise (R) underground to the 5 Level (L)Power being ‘dropped’ from the Cherry Raise (R) underground to the 5 Level (L)Power being ‘dropped’ from the Cherry Raise (R) underground to the 5 Level (L)Power being ‘dropped’ from the Cherry Raise (R) underground to the 5 Level...

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Nephros Schedules Conference Call for Fourth Quarter and Fiscal Year 2023 Financial Results

SOUTH ORANGE, NJ, Feb. 29, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Nephros, Inc. (Nasdaq: NEPH), a leading water technology company providing filtration solutions to the medical and commercial markets, today announced that it will file its fourth quarter and fiscal year financial results on Thursday March 7, 2024 after market close and will host a conference call that same day at 4:30pm ET. Participants may dial into the call as follows: Domestic access: 1 (844) 808-7106 International access: 1 (412) 317-5285 Upon joining, please ask to be joined into the Nephros conference call. An audio archive of the call will be available shortly after the call on the Nephros Investor Relations page. Alternatively, a replay of the call may be accessed until March 14th, 2024 at 1 (877) 344-7529 or 1 (412) 317-0088 for international callers...

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