Day: April 29, 2024

Sound Financial Bancorp, Inc. Q1 2024 Results

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

SEATTLE, April 29, 2024 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (the “Company”) (Nasdaq: SFBC), the holding company for Sound Community Bank (the “Bank”), today reported net income of $770 thousand for the quarter ended March 31, 2024, or $0.30 diluted earnings per share, as compared to net income of $1.2 million, or $0.47 diluted earnings per share, for the quarter ended December 31, 2023, and $2.2 million, or $0.83 diluted earnings per share, for the quarter ended March 31, 2023. The Company also announced today that its Board of Directors declared a cash dividend on Company common stock of $0.19 per share, payable on May 22, 2024 to stockholders of record as of the close of business on May 8, 2024. Comments from the President and Chief Executive Officer “In the first quarter of 2024, we observed...

Imperial Drilling Intersects 270 Metres Grading 0.65% Copper and 0.48 g/t Gold at Mount Polley

Written by Customer Service on April 29, 2024. Posted in Public Companies.

VANCOUVER British Columbia, April 29, 2024 (GLOBE NEWSWIRE) — Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports partial diamond drill results from the Mount Polley 2024 exploration program, including a notable interval of 270 metres grading 0.65% copper and 0.48 g/t gold from 22.5 metres in diamond drill hole SD-24-179. Drilling is ongoing with 4,983 metres in 20 holes completed to date. The 2024 program is designed to follow up on last year’s successful drilling in the Springer zone. Hole SD-24-179 was a vertical hole located on section 3230N and was planned to target significant gaps in the southern/western portion of the Springer zone mineralization at both shallow and deep levels. This mineralization has good potential to be converted from resource to reserve due to its proximity to existing mining...

Relativity Acquisition Corp. Announces Receipt of Nasdaq Delisting Determination

Written by Customer Service on April 29, 2024. Posted in Public Companies.

NEW YORK, NY,, April 29, 2024 (GLOBE NEWSWIRE) — Relativity Acquisition Corp. (Nasdaq: RACY) (the “Company”) today announced that, on April 23, 2024, the Company received a determination letter (the “Letter”) from the Nasdaq Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that Staff had determined to delist the Company’s securities from The Nasdaq Stock Market. The Staff’s determination was based upon the Company’s non-compliance with the requirements set forth in Listing Rule 5250(f), requiring the payment of all applicable fees as described in the Rule 5900 series. The Staff’s determination was based on the Company’s unpaid past due balance of assessed fees of $81,000. About Relativity Acquisition Corp. Relativity Acquisition Corp. is a blank check company sponsored by Relativity...

SHARC Energy Announces 2023 Year End Financial Results

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, April 29, 2024 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”) announces it has filed financial results for the year ended December 31, 2023. All figures are in Canadian Dollars and in accordance with IFRS unless otherwise stated. Fourth Quarter and Year-end Financial Highlights:As of April 29, 2024, the Company has a Sales Pipeline1 of 16.9 million (M) and Sales Order Backlog2 of $3.1M. This represents a $2.3M increase or 288% growth in Sales Order Backlog. Sales Pipeline saw a marginal decrease of 5% since November 28, 2023, disclosure reflecting the deliberate efforts by the Company to refill the pipeline once projects convert to the order book. The combined pipeline showed an aggregate growth of 8% or $1.4M...

Five Star Bancorp Announces First Quarter 2024 Results

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

RANCHO CORDOVA, Calif., April 29, 2024 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the “Bank”), today reported net income of $10.6 million for the three months ended March 31, 2024, as compared to $10.8 million for the three months ended December 31, 2023 and $13.2 million for the three months ended March 31, 2023. First Quarter Highlights Performance and operating highlights for the Company for the periods noted below included the following: Three months ended(in thousands, except per share and share data) March 31,2024 December 31,2023 March 31,2023Return on average assets (“ROAA”) 1.22 % 1.26 % 1.65 %Return on average equity (“ROAE”) 14.84 % 15.45 % 20.94 %Pre-tax...

Major Precious Metals Announces Name Change

Written by Customer Service on April 29, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, April 29, 2024 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (the “Company”) is pleased to announce a name change to “INTRUSION PRECIOUS METALS CORP.”. (the “Name Change”) effective Thursday, May 2, 2024. The Name Change will not affect the rights of the Company’s shareholders. There will be no consolidation of capital associated with the name change. Shareholders will not be required to take any action in connection with the Name Change. Issued certificates representing common shares in the capital of the Company will not be affected by the Name Change and will not need to be exchanged. The New CUSIP will be: 46124Q106The New ISIN will be: CA46124Q1063 Company Contact Information: David DesLauriersDirector and Interim CEOSuite 1890 – 1075 West Georgia StreetVancouver, BC V6E 3C9Ph: 604-687-2038 About...

Voxtur Announces Financial Results for the Year and Quarter Ended December 31, 2023

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

TORONTO and TAMPA, Fla., April 29, 2024 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for the three months and year ended December 31, 2023. The Company’s Audited Consolidated Financial Statements for year ended December 31, 2023, and the related Management’s Discussion and Analysis (“MD&A”) are available at www.sedarplus.ca and at www.voxtur.com. “Despite facing challenges throughout 2023 with unprecedented increases in mortgage rates and management changes, we remain dedicated in our commitment to growth and resilience,“ said Gary Yeoman, CEO of Voxtur. “Our optimism is rooted...

Vistar Media Acquires ADstruc, Adding Traditional OOH Planning and Buying Software to Complete Full Suite for Buyers

Written by Customer Service on April 29, 2024. Posted in Mergers And Acquisitions.

ADstruc will be available as a software tool to scale traditional OOH planning and buying seamlessly alongside digital and programmatic NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) — Vistar Media, the top global provider of technology solutions for out-of-home (OOH) media, today announced the acquisition of traditional OOH planning and buying software, ADstruc, from PJX Media. “We live in a world powered by software, and the OOH media industry is no different,” said Michael Provenzano, CEO & Co-Founder of Vistar Media. “Vistar has had an amazing journey across our programmatic marketplace and enterprise software businesses, but at the same time, our customers consistently remind us that digital OOH—and programmatic within it—is just a portion of the greater OOH landscape. “Our rebrand says it all: Vistar Media is ‘the home of...

Rhythm Pharmaceuticals Announces Publication of Results from Phase 2 Study of Setmelanotide for the Treatment of Hypothalamic Obesity in The Lancet Diabetes & Endocrinology

Written by Customer Service on April 29, 2024. Posted in Public Companies.

– Publication highlights administration of setmelanotide therapy resulted in a mean percent reduction in BMI of 15% at 16 weeks and 26% at one year of treatment – – Topline data from ongoing pivotal Phase 3 clinical trial in hypothalamic obesity on track for 2Q 2025 – BOSTON, April 29, 2024 (GLOBE NEWSWIRE) — Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a global commercial-stage biopharmaceutical company focused on transforming the lives of patients and their families living with rare neuroendocrine diseases, today announced the publication of previously disclosed results from its Phase 2 study of setmelanotide for the treatment of hypothalamic obesity. The data are published in the peer-reviewed journal The Lancet Diabetes & Endocrinology. “People with hypothalamic obesity experience rapid, severe...

Hammond Power Solutions Reports First Quarter 2024 Financial Results

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, April 29, 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 first quarter 2024. HIGHLIGHTSRecord sales of $190 million in the quarter, a 11.4% increase versus 2023. Adjusted EBITDA of $30,972 in the quarter, or 16% of sales. Adjusted EBITDA is 6% higher than the first quarter of 2023. Gross margin of 31.7% for the quarter. Net Earnings of $7.9 million in the quarter. Earnings per share of $0.67 for the quarter, significantly impacted by share-based compensation.“We begin 2024 at a strong pace as we continued to grow our quarterly sales volumes. Higher bookings versus...

Day: April 29, 2024

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