Day: May 13, 2024

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 RESULTSReported 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...

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...

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...

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...

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 QuarterGold produced (ounces) 29,580Average gold price realized (per ounce) C$ 2,724Revenue (000s) C$ 82,982Gross profit (000s) C$ 8,977Loss before taxes (000s) C$ 12,149Net loss (000s) C$ 8,971Net loss per share – Basic C$ 0.13Adjusted net income (000s)* C$ 3,631Adjusted net income per share – Basic C$ 0.05EBITDA (000s) C$ 12,217Operating cash flow before working capital (000s) C$ 23,712Operating cash flow after working capital (000s) C$ 30,019Free cash flow before working capital (000s) C$ 7,122Free cash flow after working capital (000s) C$ 13,429*Adjusted net income is Net loss less...

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 HIGHLIGHTSOn 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...