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Month: May 2024

Prime Mining Q1 2024 Financial 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...

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Victoria Gold: 2024 First Quarter 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 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...

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

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...

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Liberty Gold Reports Q1 2024 Financial 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 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...

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Imperial Reports First Quarter 2024 Financial Results

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three months ended March 31, 2024. QUARTER HIGHLIGHTS FINANCIAL Adjusted EBITDA increased by $4.4 million to $10.3 million in Q1 2024 compared to $5.9 million in Q1 2023. Total revenue was $84.6 million in the March 2024 quarter compared to $92.7 million in the 2023 comparative quarter. In the March 2024 quarter, Mount Polley mine had 1.3 concentrate shipments (2023-1.4 concentrate shipments). The Red Chris mine (100% basis) had 4.0 concentrate shipments (2023-2.4 concentrate shipments). Variations in revenue are impacted by the timing and quantity of concentrate shipments, metal prices and exchange rates, and period end revaluations of revenue attributed to concentrate shipments where...

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Firm Capital Property Trust Reports Q1/2024 Results

STRONG SEQUENTIAL SAME-STORE NOI AND NAV GROWTHDECLINING AFFO PAYOUT RATIO75% OF 2024 MORTGAGE MATURITIES REFINANCED TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to report its financial results for the three months ended March 31, 2024. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 64 commercial properties with a total gross leasable area (“GLA”) of 2,545,858 square feet, five multi-residential complexes comprised of 599 units and four Manufactured Home Communities comprised of 537 units. The portfolio is well diversified and defensive in terms of geographies and property asset types, with 47% of NOI (42% of asset value) comprised of grocery anchored retail followed by industrial at 27% of NOI (31% of asset value). In addition, the portfolio is...

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Despite Industry-Wide Challenges, Titanium Transportation Group Reports Solid Q1 2024 Financial Results Driven by Growth in Trucking Segment

First quarter consolidated revenue improved 8.3% year-over-year, to $115 million Truck Transportation segment delivered 15.5% revenue growth over Q1 2023, fueled by contribution from asset-based expansion in the United States After quarter-end, the Company strengthened its balance sheet through the sale of non-core, unused land assets for gross proceeds of $4.5 millionBOLTON, Ontario, May 13, 2024 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF), a leading provider of transportation and logistics services throughout North America, is pleased to report its financial results for the three-month period ended March 31, 2024. All amounts are in Canadian currency. Q1 2024 Financial Highlights Compared with Q1 2023Consolidated revenue of $115 million,...

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Liquidia Corporation Reports First Quarter 2024 Financial Results and Provides Corporate Update

MORRISVILLE, N.C., May 13, 2024 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA) today reported financial results for the first quarter ended March 31, 2024. The company will host a webcast at 8:30 a.m. ET on May 14, 2024 to discuss the financial results and provide a corporate update. Dr. Roger Jeffs, Liquidia’s chief executive officer, said: “We continue to vigorously pursue final agency action for YUTREPIA’s approval for pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). And as we have shown, we will remain relentless in the defense of our freedom to go to market despite the myriad of legal filings by our competitor. At our core is our steadfast commitment to deliver YUTREPIA to patients with PAH and PH-ILD. We feel YUTREPIA can provide an important and...

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Orezone Reports First Quarter 2024 Results

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (“Orezone” or “Company”) reported its operational and financial results for the first quarter of 2024. The Company will host a conference call and webcast on May 14, 2024 commencing at 8:00am PT to discuss its Q1-2024 results. Additional details are provided at the end of this press release. All dollar amounts are in USD unless otherwise stated and abbreviation “M” means million. Patrick Downey, President and CEO, commented “Our Bomboré mine had another quarter of consistent performance, delivering 30,139 ounces of gold production, mine earnings of $27 million, and positive free cashflow. In addition, we successfully commissioned the powerline connection to the national grid and substantially completed the construction...

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Lithium Argentina Reports First Quarter 2024 Results

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Lithium Americas (Argentina) Corp. (“Lithium Argentina,” the “Company,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC), today announced first quarter results. HighlightsOperational HighlightsDuring the three months ended March 31, 2024, Caucharí-Olaroz produced approximately 4,500 tonnes of lithium carbonate.The project continues to advance through the ramp up and test higher production levels. In April 2024, a planned shutdown was performed to inspect and improve reliability of the processing plant.Caucharí-Olaroz remains on target to produce 20,000 – 25,000 tonnes of lithium carbonate in 2024.The target remains to reach and maintain a near steady state production level by the end of the year.For 2024, Caucharí-Olaroz expects to be operating cash flow positive...

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