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Day: March 27, 2024

Dundee Corporation Holds the Line on Cost Reduction, Announces Fourth Quarter and Year-End Results

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months and year ended December 31, 2023. All currency amounts in this press release are in Canadian dollars, except as otherwise indicated. FOURTH QUARTER AND YEAR-END 2023 RESULTSReported a net loss from portfolio investments for the fourth quarter of 2023 of $0.8 million (2022 – income of $39.9 million). For the year ended December 31, 2023, the Corporation reported a net loss from portfolio investments of $23.0 million (2022 – income of $53.6 million). The key driver of performance during the year was the market depreciation in holdings of Centaurus Metals Limited, Ausgold Limited, warrants of Magna Mining Inc. and Reunion Gold Corporation of $11.6 million, $4.1 million,...

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Hammond Power Solutions Reports Fourth Quarter 2023 Financial Results

(Dollar amounts are in thousands unless otherwise specified) GUELPH, Ontario, March 27, 2024 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the fourth quarter 2023. HIGHLIGHTSRecord sales of $187 million in the quarter, a 29.6% increase versus 2022. Year-to-date sales of $710 million, a 27.1% increase versus 2022. Net Income of $19.9 million in the quarter, a 9.2% increase versus 2022. Year-to-date net income of $63.4 million, a 41.4% increase versus 2022. Earnings per share of $1.68 for the quarter and $5.33 year-to-date. Gross margin of 32.5% for the year.“Hammond Power Solutions continued to deliver exceptional results with 2023 showing robust growth across all geographies...

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Galaxy Gaming Announces its Annual Meeting of Stockholders For 2024-

LAS VEGAS, March 27, 2024 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTCQB: GLXZ) (“Galaxy” or the “Company”), a developer and distributor of online and land-based casino table games and enhanced systems, announced today that its annual meeting of stockholders will be held virtually on May 29, 2024, for stockholders of record as of April 2, 2024. The Notice of Stockholders Meeting will be provided to stockholders of record as of April 2, 2024, in accordance with applicable statutes and regulations. Forward-Looking Statements Certain statements in this release may constitute forward-looking statements, which involve a number of risks and uncertainties. Galaxy cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking...

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Purpose Investments Inc. Announces 2024 First Quarter Distributions for Purpose Specialty Lending Trust

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the 2024 first quarter distributions for Purpose Specialty Lending Trust.  TickerSymbol Distributionpershare/unit ExDistributionDate RecordDate PayableDatePurpose Specialty Lending Trust – Class A Unlisted $0.1155 03/27/2024 03/28/2024 04/19/2024Purpose Specialty Lending Trust – Class F Unlisted $0.1195 03/27/2024 03/28/2024 04/19/2024Purpose Specialty Lending Trust – Class U Unlisted US$ 0.1515 03/27/2024 03/28/2024 04/19/2024Purpose Specialty Lending Trust – Class A1, Series 2 Unlisted $0.1340 03/27/2024 03/28/2024 04/19/2024Purpose Specialty Lending Trust – Class F, Series 3 Unlisted $0.1385 03/27/2024 03/28/2024 04/19/2024           About Purpose Investments Inc. Purpose Investments Inc. is an asset management...

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Consolidated Water Reports 2023 Revenue up 92% to $180.2 Million, Net Income of $30.7 Million or $1.93 per Diluted Share

GEORGE TOWN, Cayman Islands, March 27, 2024 (GLOBE NEWSWIRE) — Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported results for the full year ended December 31, 2023. All comparisons are to the same prior year period unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). 2023 Financial HighlightsTotal revenue up 92% to $180.2 million. Retail revenue up 16% to $30.2 million. Bulk revenue increased 5% to $34.6 million. Services revenue increased 240% to $98.0 million, with recurring services revenue generated from operations and maintenance contracts up 37% to $19.4 million. Manufacturing revenue increased 177% to $17.5 million.  Net...

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Bulgold Announces Annual General Meeting Voting Results

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) —  BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce the voting results from its Annual General Meeting of shareholders (“Shareholders”) that was held at 10:00 AM on March 27, 2024 (the “Meeting”). All the matters put forward before Shareholders for consideration and approval as set out in the Company’s management information circular dated February 6, 2024 (the “Circular”) were approved by the requisite majority of votes cast at the Meeting. In particular, Shareholders approved the election of all director nominees listed in the Circular. The board of directors of the Company is now comprised as follows:James A. Crombie Sean Hasson Colin Jones Laurie Marsland Dr. Mihaela Barnes Vanessa CookShareholders also appointed Raymond Chabot Grant Thornton LLP as auditors...

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American Shared Hospital Services Reports Fourth Quarter 2023 Financial Results

– Acquisition of 3 Rhode Island Radiation Therapy Cancer Centers progressing toward closing- – International Cancer Center equipment upgrade completed in Ecuador, Opening new Puebla, Mexico Center in Q2- – Lease extensions signed at 4 of 10 Gamma Knife customer sites – -Sales Pipeline continues to advance- -Conference Call Thursday, March 28th at 12:00 pm ET / 9:00 am PT – SAN FRANCISCO, March 27, 2024 (GLOBE NEWSWIRE) — American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy cancer treatment systems and services, today announced financial results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 HighlightsTotal revenue in the fourth quarter was $5,698,000,...

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Koil Energy Solutions, Inc. Announces Fourth Quarter and Full-Year 2023 Results

HOUSTON, March 27, 2024 (GLOBE NEWSWIRE) — Koil Energy Solutions, Inc. (OTCQB: KLNG) (“Koil Energy” or the “Company”), a specialist in deepwater production and distribution equipment and services, today reported results for the year ended December 31, 2023. Koil Energy at a Glance:Share Price†: $0.55 Cash*: $2.0M52-Week Range†: $0.42 – $0.70 Book Value*: $5.6MShares Out.†: 11.9M Price / Book Value: 1.2xMarket Cap†: $6.5M TTM Revenue: $15.3M*As of 12/31/23; †As of 03/26/24             Charles Njuguna, Koil Energy’s CEO, commented, “We are encouraged by the notable increase in revenues for the year. Compared to the previous year, revenues increased by 18 percent, propelled by the expanding of product-oriented, fixed-price contracts and sustained growth in service projects. However, we continued to experience...

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Silver Spike Investment Corp. Reports Fiscal Year End 2023 Financial Results

NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) — Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the fiscal year ended December 31, 2023. Quarter Ended 12/31/23 HighlightsTotal investment income of $3.6 million Net investment income of $1.7 million, or $0.28 per share Investment portfolio of $54.1 million at fair value Net asset value (“NAV”) per share decreased from $14.06 on September 30, 2023 to $13.77 on December 31, 2023 A cash dividend of $0.25 per share was declared. The dividend is payable on March 28, 2024 to stockholders of record on March 20, 2024.Scott Gordon, Chairman and Chief Executive Officer of the Company, commented “We are pleased to have announced a...

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Healthier Choices Management Corp. Reports Fourth Quarter 2023 Financial Results and Full Year Fiscal 2023 Results

–Fourth Quarter Sales of $15.9 Million, Up 29%, and Gross Profit of $5.7 Million, up 41%, over Q4 2022 -Full Year Sales of $55.7 Million, Up 90%, and Gross Profit of $20.3 Million Up 99%; over 2022 HOLLYWOOD, FL, March 27, 2024 (GLOBE NEWSWIRE) — Healthier Choices Management Corp. (OTC Pink: HCMC) today announced financial results for the fourth quarter and the twelve-months ended December 31, 2023. Fourth Quarter 2023 Results and Recent Highlights:Net sales from operations for the three-month period ended December 31, 2023, amounted to $15.9 million, compared to $12.3 million, an approximately $3.5 million and 29% increase versus the same period in 2022. Gross Profit from Operations increased by approximately $1.7 million for the three-month period ended December 31, 2023, amounting to $5.7 million, compared to $4.0 million...

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