Day: March 29, 2024
TORONTO, March 28, 2024 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT, PVF.PR.V) announced today its financial results for the year ended December 31, 2023. All amounts are stated in U.S. dollars.
The Company recorded a net loss of $333 million for the year ended December 31, 2023, compared to net income of $1.9 billion in the prior year. The decrease in income was primarily attributable to the absence of a one-time special distribution received from Brookfield Corporation (the “Corporation”) in the prior year, current year remeasurement losses associated with the retractable shares and warrant liabilities, as well as lower foreign currency gains and tax recoveries compared to the prior year. The Company’s retractable common shares are classified as liabilities due to their cash retraction feature....
Partners Value Split Corp. Announces 2023 Annual Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
TORONTO, March 28, 2024 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”, TSX: PVS.PR.F, PVS.PR.G, PVS.PR.H, PVS.PR.I, PVS.PR.J, PVS.PR.K) announced today that the net asset value per unit was $124.10 at December 31, 2023 (December 31, 2022 – $95.95). All amounts are in U.S. dollars.
Income available for distribution for the year ended December 31, 2023 was $73 million, compared to $1.0 billion in the prior year. The decrease in income was primarily attributable to the absence of the one-time special distribution received by Brookfield Corporation (the “Corporation”) in the prior year. During the year ended December 31, 2023, the Company declared and paid dividends in the amount of $50 million (December 31, 2022 – $114 million) to the holders of its capital shares.
The net comprehensive income in the period of $1.4...
Discovery Reports Fourth Quarter and Full-Year 2023 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
TORONTO, March 28, 2024 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three and twelve months ended December 31, 2023 (“Q4 2023” and “2023”, respectively). The Company also provided a summary of key events since the beginning of Q4 2023, including the release on February 20, 2024, of the feasibility study results (the “Feasibility Study” or “Study”) for Discovery’s 100%-owned Cordero silver project (“Cordero” or the “Project”) in Chihuahua State, Mexico. Cordero is a world leading silver development project that will generate attractive economic returns and contribute substantial socio-economic benefits to Mexico. All figures are stated in Canadian dollars unless otherwise noted.
Tony Makuch, CEO, commented: “Over the last year, our teams...
Haivision Showcases World-Leading Live Video Contribution Ecosystem at the 2024 NAB Show
Written by Customer Service on . Posted in Public Companies.
Makito X4 video encoders, Haivision Pro mobile transmitters, StreamHub receiver, and cloud-based master control bring broadcasters a complete live video contribution solution from source to production
MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) — Haivision Systems Inc. (“Haivision”) (TSX: HAI), a leading global provider of mission-critical, real-time video networking and visual collaboration solutions, today announced that it will showcase its ecosystem of world-leading live video contribution solutions at the 2024 NAB Show at booth W2612 from April 14-17.
“Haivision empowers broadcasters to push the boundaries of live production, delivering high-quality and low latency live video through our industry-leading solutions,” said Jean-Marc Racine, Chief Product Officer, Haivision. “From capturing every moment in sports to keeping audiences...
Pineapple Energy Announced CVR Agreement extended to December 31, 2024
Written by Customer Service on . Posted in Public Companies.
MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) — Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced CVR agreement extended to December 31, 2024.
Pursuant to the merger of Communications Systems Inc. (CSI) and Pineapple Energy, Inc. on March 28, 2022, CSI shareholders of record at the close of business on March 25, 2022 (the “CVR Holders”) received one contractual, non-transferable contingent value right (“CVR”) per share of CSI common stock each respectively owned. A total of 2,429,341 CVRs were issued following the merger, and each CVR represents the right to receive a pro rata portion of proceeds available from the disposition of CSI’s pre-merger assets following the merger.
The CVRs were distributed, pursuant to a Contingent...
Osisko Development Reports Fourth Quarter And Year-End 2023 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Figure 1Cariboo Gold Project – Permitting Timeline Summary(All monetary references are expressed in Canadian dollars, unless otherwise indicated)
MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) reports its financial and operating results for the three and twelve months ended December 31, 2023 (“Q4 2023“).
Q4 2023 HIGHLIGHTS
Operating, Financial and Corporate Updates:2,090 ounces of gold sold by the Company from operating activities in the fourth quarter (10,743 ounces of gold sold in 2023), comprising of:1,622 ounces of gold sold from the Trixie test mine (“Trixie“) located within the Company’s wider Tintic Project (4,959 ounces of gold sold in 2023);
468 ounces of gold sold from...
Robex Announces Share Consolidation
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QUEBEC CITY, March 28, 2024 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex” or the “Company“) (TSXV: RBX) announces today that its Board of Directors has approved the implementation of the consolidation of the issued and outstanding common shares of the Company approved by its shareholders on June 29, 2023, on the basis of one (1) post-consolidation common share for ten (10) pre-consolidation common shares (the “Consolidation“), which will take effect on April 1st, 2024 (the “Effective Date“).
As a result, the Company’s consolidated shares are expected to commence trading on the TSX Venture Exchange a few days after the Effective Date. After the Consolidation, the shares will have a new CUSIP...