Day: May 10, 2024

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, May 10, 2024 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the quarter ended March 31, 2024. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “During the quarter, we applied for a pilot project under Bill 21 in Quebec. In addition to a comprehensive test of the carbon storage potential on our lands, we propose to pilot zero-emissions hydrogen production. Following the Government’s recent investment in the carbon capture and storage space, we are optimistic this could be an integral part of their strategy to meeting emissions reduction...

OTTAWA, Ill., May 10, 2024 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for OSB Community Bank (the “Bank”), announced net income of $0.3 million, or $0.10 per basic and diluted common share for the three months ended March 31, 2024, compared to net income of $0.4 million, or $0.17 per basic and diluted common share for the three months ended March 31, 2023. The loan portfolio, net of allowance, decreased to $306.1 million as of March 31, 2024 from $312.2 million as of December 31, 2023 as payoffs and payments exceeded originations. Non-performing loans remained at $4.8 million at March 31, 2024 which is comparable to the level as of December 31, 2023. The ratio of non-performing loans to gross loans increased from 1.52% at December 31, 2023 to 1.55% at March 31, 2024. “The elevated...

Quarterly Earnings Call Scheduled for Monday, May 13, 2024 HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter of 2024 and declared second quarter 2024 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net (Loss) Income, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under “Non-GAAP Information.” Key highlights for the first quarter of 2024 and through the date of this press release include: Completed accretive acquisition of six shallow water Gulf of Mexico (“GOM”) fields in January 2024 (the “Cox acquisition”); Paid $77.2 million for the Cox acquisition...

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, May 10, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (NRR.UN – TSX), today announced financial results for the three months ended March 31, 2024. All amounts in this news release are in thousands of Canadian dollars unless otherwise indicated. “Northview’s portfolio continues to deliver improving operating results in the first quarter with growing occupancy and rents across the multi-residential portfolio. Same door NOI growth of 12.2% was driven by the Western Canada portfolio delivering 27.5% NOI growth and occupancy growth of 420 bps over 2023. Since Northview’s inception in 2020, occupancy has significantly improved to 95.4% in the quarter from 88.7%,” comments Mr. Todd Cook, President...

CALGARY, Alberta, May 10, 2024 (GLOBE NEWSWIRE) — GINSMS Inc. (TSXV: GOK) (the “Corporation”) has announced its financial results for the first quarter ended March 31, 2024. The complete financial results for GINSMS are available at www.sedar.com. Highlights include: Revenue of $710,305 for the three-month period ended March 31, 2024 as compared of $820,657 for the three-month period ended March 31, 2023. Gross Profit of $301,118 for the three-month period ended March 31, 2024 as compared to gross profit of $344,456 for the three-month period ended March 31, 2023. Operating expenses and finance costs of $295,372 for the three-month period ended March 31, 2024 increased from $272,788 for the three-month period ended March 31, 2023. Net profit of $1,914 for three-month period ended March 31, 2024 as compared to a net profit of $71,668...

TORONTO, May 10, 2024 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced its financial results for the first quarter ended March 31, 2024 and declared a $1.00 per share dividend payable on July 11, 2024 to all common shareholders of record at close of business on June 20, 2024. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s Unaudited Condensed Consolidated Interim Financial Statements for the three months ended March 31, 2024 and the accompanying notes, our Management Discussion and Analysis for the three months ended March...