Day: April 15, 2024

Alternus Clean Energy, Inc. Reports FY 2023 Financial Results

Written by Customer Service on April 15, 2024. Posted in Earnings Releases And Operating Results.

• Revenue up by 17.5% YoY• Gross profit up by 25% YoY FORT MILL, S.C., April 15, 2024 (GLOBE NEWSWIRE) — Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”) today announced its audited financial results for the full year 2023 under US GAAP format. The 2023 financial report is included in a Form 10-K filed with the Securities and Exchange Commission. The 2023 financial report is available to view on the Alternus’ website at https://ir.alternusenergy.com/financials-filings/sec-filings. Company Highlights:Increase in revenue from by 17.5% YoY; Increase in revenue offtake by 3.8% YoY; Debt reduced by $77 million subsequent to balance sheet; Total of 165 GWH of clean energy produced in 2023, further offsetting global CO2 emissions; Completed...

Fortuna intersects 1kg Ag Eq over an estimated true width of 8.1m at the Yessi vein, San Jose Mine, Mexico

Written by Customer Service on April 15, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to provide an update on its Yessi vein exploration program at the San Jose Mine in Mexico. Paul Weedon, Senior Vice President of Exploration, commented, “Drilling on the Yessi vein, since the initial discovery hole in August 2023, has continued to establish a well-defined system, with recent results such as 1,327 g/t Ag Eq over an estimated true width of 3.0 meters from 604.85 meters in SJO-1444 and 1,036 g/t Ag Eq over an estimated true width of 8.1 meters including 2,910 g/t Ag Eq in SJO-1460 highlighting the potential for high-grade shoots. In addition, wide intervals such as the 179 g/t Ag Eq over an estimated true width of 17.5 meters in SJO-1455A highlight the potential for broad zones of mineralization”. Yessi...

ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of March 2024

Written by Customer Service on April 15, 2024. Posted in Public Companies.

DENVER, April 15, 2024 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of March 28, 2024, was $21.24. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended March 28, 2024. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra...

Crown Point Provides Update on Strategic Acquisition of Piedra Clavada & Koluel Kaike Exploitation Concessions in Santa Cruz and Discloses Reserves Information

Written by Customer Service on April 15, 2024. Posted in Mergers And Acquisitions.

CALGARY, Alberta, April 15, 2024 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company”, “we” or “our“) is pleased to provide an update on the status of its proposed acquisition of a 100% working interest in the Piedra Clavada and Koluel Kaike hydrocarbon exploitation concessions located in the San Jorge Basin, Santa Cruz Province, Argentina (the “Concessions“), the details of which were disclosed by press release on February 9, 2024. Completion of the acquisition remains subject to the receipt of all necessary regulatory and Provincial approvals, including the approval of the TSX Venture Exchange (the “TSXV“), and the satisfaction of other customary closing conditions. The acquisition is currently expected to close in May 2024. The Company is currently...

Agrify Corporation Reports Full-Year 2023 Earnings

Written by Customer Service on April 15, 2024. Posted in Earnings Releases And Operating Results.

Company achieves first positive quarterly net income of approximately $572,000 TROY, Mich., April 15, 2024 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the fiscal year ended December 31, 2023. During the quarter ended December 31, 2023, the Company achieved its first positive quarterly net income of approximately $572,000. Fourth Quarter 2023 Financial Results SummaryRevenue was $2.8 million for the fourth quarter of 2023 compared to $5.9 million for the fourth quarter of 2022. Gross profit was $2.7 million for the fourth quarter of 2023 compared to a gross loss of $33.5 million for the fourth quarter of 2022. Operating loss was $1.5 million for the fourth quarter...

Peyto Exploration & Development Corp. Confirms Monthly Dividend for May 15, 2024

Written by Customer Service on April 15, 2024. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, April 15, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to April 2024 of $0.11 per common share is to be paid on May 15, 2024, for shareholders of record on April 30, 2024. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact:Jean-Paul LachancePresident and...

Aileron Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Written by Customer Service on April 15, 2024. Posted in Earnings Releases And Operating Results.

Topline results from Phase 1b study of LTI-03, a novel Caveolin-1-related peptide in development for the treatment of idiopathic pulmonary fibrosis, expected to be reported in the third quarter of 2024 Cash runway expected to fund operations and key milestones into the fourth quarter of 2024 AUSTIN, Texas, April 15, 2024 (GLOBE NEWSWIRE) — Aileron Therapeutics, Inc. (“Aileron”, the “Company”, “we”, “our” or “us”) (NASDAQ: ALRN), a biopharmaceutical company advancing a novel pipeline of first-in-class medicines to address significant unmet medical needs in orphan pulmonary and fibrosis indications, today reported financial results for the fourth quarter and full year ended December 31, 2023 and provided a business update. “We ended the year in a solid position after the successful completion of our merger with Lung Therapeutics,...

Orgenesis Provides Year End Business Update

Written by Customer Service on April 15, 2024. Posted in Earnings Releases And Operating Results.

Major transformation underway commencing with recent acquisitionreasserting full ownership and control over Octomera Secured a $2.3 million investment from a group including sophisticated healthcare professionals at $1.03 per share and accompanying warrants, a more than 50% premium to prior–day closing price Entered into asset purchase and strategic collaboration agreement which will provide Octomera with over $8 million of initial collaboration payments GERMANTOWN, Md., April 15, 2024 (GLOBE NEWSWIRE) — Orgenesis Inc. (NASDAQ: ORGS) (“Orgenesis” or the “Company”), a global biotech company working to unlock the full potential of cell and gene therapies (CGT) in order to improve access and outcomes in healthcare, today provided a business update for the year ended December 31, 2023. “Orgenesis is a company that has set as...

Scorpio Tankers Inc. Announces That on May 9, 2024, the Company Plans to Issue Its First Quarter 2024 Results and Have a Conference Call

Written by Customer Service on April 15, 2024. Posted in Public Companies.

MONACO, April 15, 2024 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that on Thursday, May 9, 2024, the Company plans to issue its first quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time. Conference Call Information Title: Scorpio Tankers Inc. First Quarter 2024 Conference Call Date: Thursday May 9, 2024 Time: 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time The conference call will be available over the internet, through the Scorpio Tankers Inc. website www.scorpiotankers.com and the webcast link: https://edge.media-server.com/mmc/p/kd9z9abw Participants for the live webcast should register on the website...

First Watch Acquires 21 Franchise Restaurants in North Carolina

Written by Customer Service on April 15, 2024. Posted in Mergers And Acquisitions.

Purchase of Largest Franchisee Underscores Long-term Growth StrategyFIRST WATCH ACQUIRES 21 FRANCHISE RESTAURANTS IN NORTH CAROLINAFirst Watch operates more than 520 restaurants in 29 states.BRADENTON, Fla., April 15, 2024 (GLOBE NEWSWIRE) — First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (together with its subsidiaries “First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the completion of its previously-announced acquisition of 21 of its franchise-owned restaurants and corresponding development rights in North Carolina for an aggregate purchase price of $75 million on a cash-free, debt-free basis. “This acquisition, which represents our largest First Watch franchise acquisition to date, is an important part of our long-term growth and value creation...

Day: April 15, 2024

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