Dundee Corporation Delivers Success in Its Core Strategy, A Profitable Start to 2024, and Sustained Cost Control

Written by Customer Service on May 13, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months ended March 31, 2024. All currency amounts in this press release are in Canadian dollars, except as otherwise indicated. FIRST QUARTER 2024 RESULTS Reported net income from portfolio investments for the first quarter of 2024 of $12.6 million (2023 – loss of $7.5 million). The key driver of performance during the quarter was an $8.4 million market appreciation in the Corporation’s investment in Reunion Gold Corporation (“Reunion”). Subsequent to March 31, 2024, Reunion Gold Corporation and G Mining Ventures Corp. announced they have entered into a definitive agreement to combine the two companies. Reunion shareholders will receive estimated share consideration valued...

QuoteMedia Announces Financial Results for Q1 2024

Written by Customer Service on May 13, 2024. Posted in Earnings Releases And Operating Results.

PHOENIX, May 13, 2024 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the quarter ended March 31, 2024. QuoteMedia provides banks, brokerage firms, private equity firms, financial planners and sophisticated investors with a more economical, higher quality alternative source of stock market data and related research information. We compete with several larger legacy organizations and a modest community of other smaller companies. QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (financial content for website integration) and applications such as Quotestream Professional desktop and mobile. Highlights for Q1 2024 include the following: Quarterly...

Cannabix Technologies Enters into Marketing Agreements

Written by Customer Service on May 13, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Cannabix Technologies Inc. (CSE: BLO) (the “Company or Cannabix”) reports that it has entered into an arm’s length marketing agreements with the following parties: Effective May 13, 2024, the Company has engaged Financial Buzz Media Networks LLC (“FBMN”) for fees of $10,000 USD for a 30-day term. The Company may elect to renew the engagement at any point during the term. The Services will include, but are not limited to, video news recaps covering latest news releases and press release editorial syndication. Consideration paid to FBMN does not include any securities of the Company (address: 3 Columbus Circle 15th Floor, New York, 877-601-1879). The Company has engaged aktiencheck.de AG (“aktiencheck”) for a fee of 20,000 euros for a 30-day term effective May 2, 2024....

Rumble Files Second Lawsuit Against Google for Monopolistic and Anticompetitive Practices

Written by Customer Service on May 13, 2024. Posted in Public Companies.

LONGBOAT KEY, Fla., May 13, 2024 (GLOBE NEWSWIRE) — Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that it has filed a second lawsuit against Google for multiple violations of the Sherman Antitrust Act. This lawsuit is separate and distinct from Rumble’s first lawsuit against Google, which remains in active discovery. In the new lawsuit, Rumble alleges that the massive technology firm has engaged in a number of anticompetitive and exclusionary practices across its range of digital advertising products known as the “ad tech stack.” Rumble filed the suit late Monday in the U.S. District Court for the Northern District of California, and is seeking injunctive relief and damages in excess of $1 billion. Rumble’s suit alleges that Google has monopolized the ad tech stack by buying companies...

Rubicon Organic Launches 1964 Supply Co.™ Full Spectrum Extracts (FSE) Vapes

Written by Customer Service on May 13, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics”, “Rubicon”, or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, is thrilled to unveil its latest innovation – the 1964 Supply Co.™ Full Spectrum Extracts (FSE) Resin 510 Vapes. The 1964 Supply Co.™ portfolio extension represents a strategic move by Rubicon Organic to tap into the fast-growing Canadian cannabis category, vapes. Our premium vapes are designed with a clear mission: to attract legacy consumers into the legal market by offering superior products that deliver an experience reminiscent of their favorite legacy market offerings. At the heart of the 1964 Supply Co.™ brand are two classic cultivars, Blue Dream...

Financial Results for the First Quarter of 2024

Written by Customer Service on May 13, 2024. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the three months ended March 31, 2024. All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from the interim consolidated financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) applicable to the preparation of interim financial statements, including International Accounting Standard 34 Interim Financial Reporting, except as otherwise noted. Management Commentary “In the first...

Prime Mining Q1 2024 Financial and Operating Results

Written by Customer Service on May 13, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime”, or the “Company”) (TSV: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the quarter ended March 31, 2023. Prime is focused on the exploration and development of its wholly owned high-grade Los Reyes Gold-Silver Project in Sinaloa State, Mexico (“Los Reyes” or the “Project”). Prime Chief Executive Officer Scott Hicks commented, “2024 is off to a great start for Prime as our high grade, gold-silver Los Reyes Project in Mexico continues to deliver excellent results. We released exciting expansion drill results from Guadalupe East and generative drill results from Las Primas, which demonstrate similarities in mineralization and potential for underground resource expansion, while expansion drilling...

Victoria Gold: 2024 First Quarter Results

Written by Customer Service on May 13, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) herein provides its first quarter 2024 summary financial and operating results. Highlights First Quarter Gold produced (ounces) 29,580 Average gold price realized (per ounce) C$ 2,724 Revenue (000s) C$ 82,982 Gross profit (000s) C$ 8,977 Loss before taxes (000s) C$ 12,149 Net loss (000s) C$ 8,971 Net loss per share – Basic C$ 0.13 Adjusted net income (000s)* C$ 3,631 Adjusted net income per share – Basic C$ 0.05 EBITDA (000s) C$ 12,217 Operating cash flow before working capital (000s) C$ 23,712 Operating cash flow after working capital (000s) C$ 30,019 Free cash flow before working capital (000s) C$ 7,122 Free cash flow after working capital (000s) C$ 13,429 *Adjusted net income is Net loss less...

Synaptics to Participate at Upcoming Investor Conference on Monday, May 20, 2024

Written by Customer Service on May 13, 2024. Posted in Public Companies.

SAN JOSE, Calif., May 13, 2024 (GLOBE NEWSWIRE) — Synaptics® Incorporated (Nasdaq: SYNA) today announced its participation in an upcoming investor conference. Michael Hurlston, President and CEO, will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 20, 2024, at 6:20 AM PT. To view the webcast or access a replay, please visit https://jpmorgan.metameetings.net/events/tmc24/sessions/51358-synaptics/webcast About Synaptics Incorporated: Synaptics (Nasdaq: SYNA) is changing the way humans engage with connected devices and data, engineering exceptional experiences throughout the home, at work, in the car, and on the go. Synaptics is the partner of choice for the world’s most innovative intelligent system providers who are integrating multiple experiential technologies into...

Liberty Gold Reports Q1 2024 Financial and Operating Results

Written by Customer Service on May 13, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the three months ended March 31, 2024. All amounts are presented in United States dollars unless otherwise stated. FIRST QUARTER OF 2024 AND RECENT HIGHLIGHTS On April 29, 2024, we announced a non-brokered private placement for C$9.5 million, and on April 30, 2024, announced that the private placement was upsized to C$12.5 million1 (the “Private Placement”). The Private Placement will consist of the issuance of up to 35,715,362 units of the Company (the “Units”) at an issue price of C$0.35 per Unit. Each Unit will consist of one common share of Liberty Gold (each, a “Common Share”) and 1/2 of a Common Share purchase warrant...

Day: May 13, 2024

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