Day: April 25, 2024

Fountain Asset Corp. Announces Its Financial Results for the Quarter and Year Ended December 31, 2023

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three months ended December 31, 2023 (“Q4/23”) and for the year ended December 31, 2023 (“Fiscal 2023”). Highlights from Q4/23:Net asset value (“NAV”) of $6.66 million ($0.11 per share) at December 31, 2023 compared to $10.27 million ($0.17 per share) at September 30, 2023, representing an 35% decrease quarter over quarter on a per share basis. NAV is calculated as the value of total assets less the value of total liabilities; Net comprehensive loss of $3.63 million for the three months ended December 31, 2023, compared to net comprehensive loss of $1.57 million for three months ended December 31, 2022 (“Q4/22”); Total loss from investment activity was $3.32 million compared...

Eldorado Gold Reports First Quarter 2024 Financial and Operational Results; Steady Start to 2024

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado”, “Eldorado Gold” or “the Company”) today reports the Company’s financial and operational results for the first quarter of 2024. For further information please see the Company’s Consolidated Financial Statements and Management’s Discussion and Analysis (“MD&A”) filed on SEDAR+ at www.sedarplus.ca under the Company’s profile. First Quarter 2024 Highlights OperationsGold production: 117,111 ounces in line with expectations for the quarter. Production increased 5% from Q1 2023, reflecting higher gold production at most sites, notably an increase in production of 12% at Lamaque and 14% at Olympias. Gold sales: 116,008 ounces at an average realized gold price per ounce sold(1) of $2,086. Gold sales increased...

The First of Long Island Corporation Reports Earnings for the First Quarter of 2024

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

MELVILLE, N.Y., April 25, 2024 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC, the “Company” or the “Corporation”), the parent of The First National Bank of Long Island (the “Bank”), reported net income and earnings per share for the three months ended March 31, 2024. Analysis of First Quarter Earnings Net income and earnings per share for the quarter ended March 31, 2024, were $4.4 million and $0.20, respectively, compared to $6.5 million and $0.29, respectively, for the comparable quarter in 2023. The principal drivers of the lower earnings were a decline in net interest income of $5.5 million, or 23.2%, and a $1.1 million credit provision for credit losses taken in the first quarter of 2023, partially offset by a loss on sales of securities of $3.5 million in the first quarter of 2023. The decline in net...

Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share

Written by Customer Service on April 25, 2024. Posted in Mergers And Acquisitions.

LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) — Neo Group Ltd. (formerly known as NeoGames S.A.) (Nasdaq: NGMS) (“Neo” or the “Company”), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today that Aristocrat Leisure Limited (ASX: ALL) (“Aristocrat”), an entertainment and content creation company delivering world-leading mobile and casino games, has completed the previously announced acquisition of all of the outstanding ordinary shares of Neo for $29.50 per share in an all-cash transaction (the “Transaction”), representing an enterprise value of approximately $1.2 billion for Neo. “We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting,” said Moti Malul, Chief Executive...

Gatos Silver Reports South-East Deeps Drilling Results at Cerro Los Gatos and Announces Executive Appointment

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today provided an update on the drilling and exploration programs in the Los Gatos district (“LGD”) in Mexico. The update includes new intercepts of mineralization in the South-East Deeps (“SE Deeps”) zone of its 70%-owned Cerro Los Gatos (“CLG”) mine. The Company also announced the appointment of Chad Yuhasz as Vice President, Exploration and Technical Services. “These latest results will add to the potential of the South-East Deeps zone for the next update of our Reserve and Resource estimates, which we continue to expect to complete in the third quarter of 2024,” said Dale Andres, CEO of Gatos Silver. “As our work on the Greenfields drilling increases over the coming months it is great to have...

Tenaris Announces 2024 First Quarter Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Net cash / debt, Free Cash Flow and Operating working capital days. See exhibit I for more details on these alternative performance measures. LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) today announced its results for the quarter ended March 31, 2024 in comparison with its results for the quarter ended March 31, 2023. Summary...

Pinnacle Bankshares Corporation Announces First Quarter 2024 Earnings

Written by Customer Service on April 25, 2024. Posted in Public Companies.

ALTAVISTA, Va., April 25, 2024 (GLOBE NEWSWIRE) — Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“Pinnacle” or the “Company”) for First National Bank (the “Bank”), was $2,084,000, or $0.95 per basic and diluted share, for the quarter ended March 31, 2024 compared to net income of $2,639,000, or $1.21 per basic and diluted share, for the same period of 2023. Quarterly consolidated results are unaudited. First Quarter 2024 Highlights Income Statement comparisons are to the first quarter of 2023 Balance Sheet, Capital Ratios, and Stock Price comparisons are to December 31, 2023 Income StatementNet Income was $2,084,000 and Return on Assets was 0.84%. Net Interest Income increased 1% due primarily to increased loan volume and yields. Net Interest Margin decreased slightly to 3.56%. As...

Martinrea International Inc. to Announce First Quarter Results on May 2, 2024

Written by Customer Service on April 25, 2024. Posted in Public Companies.

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the first quarter ended March 31, 2024 on Thursday, May 2, 2024 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern Time. To participate, please dial 416-641-6104 (Toronto area) or 800-952-5114 (toll free Canada and US) and enter participant code 1012992#. Please call 10 minutes prior to the start of the conference call. The conference call will also be webcast live in listen‐only mode and archived for twelve months. The webcast and accompanying presentation can be accessed at: https://www.martinrea.com/investor-relations/events-presentations/ There will also be a rebroadcast of the call available by dialing 905-694-9451 or toll...

Minerals Technologies Reports Record First Quarter 2024 Earnings Per Share of $1.44, or $1.49 Excluding Special Items

Written by Customer Service on April 25, 2024. Posted in Public Companies.

First Quarter 2024 Highlights:Record Operating Income of $75 Million, or $77 Million Excluding Special Items, a 23% Increase over Prior Year Strong Operating Margin of 14.1%, or 14.5% Excluding Special Items, a 290 bps Increase over Prior Year Record First Quarter Cash Flow from Operations of $56 MillionNEW YORK, April 25, 2024 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported diluted earnings per share of $1.49 for the first quarter ended March 31, 2024, excluding special items. Reported diluted earnings per share were $1.44. Worldwide net sales were $535 million, 2 percent higher sequentially and up slightly versus prior year on an underlying basis, excluding the deconsolidation of Barretts Minerals Inc. Underlying growth in the Consumer & Specialties segment offset lower...

Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors

Written by Customer Service on April 25, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:Director Votes For % of Votes For Votes Against % of Votes AgainstDoug Arnell 55,781,221 99.66 188,614 0.34Jim Bertram 55,600,779 99.34 369,066 0.66Paul Dobson 55,918,033 99.91 51,801 0.09Maureen Howe 55,671,080 99.47 298,754 0.53Robert Kostelnik 55,401,228 98.98 568,607 1.02Leslie...

Day: April 25, 2024

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