Day: July 24, 2024

Jura Announces Debt Financing

Written by Customer Service on July 24, 2024. Posted in Public Companies.

CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) — Jura Energy Corporation (“Jura” or the “Company“) today announced that it has entered into a loan agreement (the “Loan Agreement”) with an arm’s-length shareholder of the Company in the amount of up to US$4,300,000. The loan is structured as a bilateral loan facility with a three-year term to July 22, 2027. The loan carries a fixed interest rate of 11% per annum. Pursuant to the Loan Agreement, and as general and continuing security for the payment and performance of the Company’s obligations under the Loan Agreement, the Company has agreed to grant, assign, transfer and pledge to the lender a security interest in all of the Company’s right, title and interest in and to 100% of the issued, outstanding and paid-up shares of its wholly-owned operating subsidiaries...

Northfield Bancorp, Inc. Announces Second Quarter 2024 Results

Written by Customer Service on July 24, 2024. Posted in Dividend Reports And Estimates.

NOTABLE ITEMS FOR THE QUARTER INCLUDE:DILUTED EARNINGS PER SHARE WERE $0.14 FOR THE CURRENT QUARTER COMPARED TO $0.15 FOR THE TRAILING QUARTER, AND $0.22 FOR THE SECOND QUARTER OF 2023. RESULTS INCLUDE $0.03 PER SHARE IN EXPENSES ASSOCIATED WITH SEVERANCE PAYMENTS AND DEFERRED TAX ASSET WRITE-OFFS RELATED TO EXPIRED STOCK OPTIONS. NET INTEREST INCOME OF $28.7 MILLION, INCREASED $803,000, OR 2.9%, OVER TRAILING QUARTER. NET INTEREST MARGIN EXPANDED SIX BASIS POINTS FROM THE TRAILING QUARTER TO 2.09%. AVERAGE YIELD ON INTEREST-EARNING ASSETS INCREASED 12 BASIS POINTS TO 4.39%, WHILE THE AVERAGE COST OF INTEREST-BEARING LIABILITIES INCREASED SIX BASIS POINTS TO 2.95% FOR THE CURRENT QUARTER COMPARED TO THE TRAILING QUARTER. DEPOSITS (EXCLUDING BROKERED) DECREASED BY $24 MILLION, OR 2.5% ANNUALIZED, COMPARED TO THE TRAILING QUARTER, AND...

Five Star Bancorp Announces Second Quarter 2024 Results

Written by Customer Service on July 24, 2024. Posted in Public Companies.

RANCHO CORDOVA, Calif., July 24, 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 $10.8 million for the three months ended June 30, 2024, as compared to $10.6 million for the three months ended March 31, 2024 and $12.7 million for the three months ended June 30, 2023. Second 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) June 30,2024 March 31,2024 June 30,2023Return on average assets (“ROAA”) 1.23 % 1.22 % 1.55 %Return on average equity (“ROAE”) 11.72 % 14.84 % 19.29 %Pre-tax...

Lake Shore Bancorp, Inc. Announces Second Quarter 2024 Financial Results

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

DUNKIRK, N.Y., July 24, 2024 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.1 million, or $0.19 per diluted share, for the second quarter of 2024 compared to net income of $816,000, or $0.14 per diluted share, for the second quarter of 2023. For the first six months of 2024, the Company reported unaudited net income of $2.1 million, or $0.36 per diluted share, as compared to $2.5 million, or $0.43 per diluted share, for the first six months of 2023. The increase in net income during the second quarter of 2024 was primarily driven by a reduction in non-interest expense when compared to the second quarter of 2023. Furthermore, the Company reduced its reliance on wholesale funding by $23.0 million while growing...

Imperial Reports Production for Second Quarter 2024

Written by Customer Service on July 24, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, July 24, 2024 (GLOBE NEWSWIRE) — Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports quarterly copper and gold production from the Mount Polley and Red Chris mines. Imperial’s production for the second quarter was 15.501 million pounds copper and 13,768 ounces gold, of which 9.281 million pounds copper and 10,009 ounces gold were produced at Mount Polley and 6.219 million pounds copper and 3,759 ounces gold from Imperial’s 30% share of Red Chris mine production. Copper production was up 26% from the 12.353 million pounds copper produced in the first quarter 2024 and gold production was up 7% from the 12,861 ounces gold produced in the first quarter 2024. Mount Polley Mine Mount Polley metal production for the second quarter of 2024 was 9.281 million pounds copper and 10,009 ounces...

Celestica Announces Second Quarter 2024 Financial Results

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

Q2 2024 revenue and non-IFRS adjusted EPS* exceed the high end of guidance ranges; 2024 full-year outlook raised (All amounts in U.S. dollars. Per share information based on diluted shares outstanding unless otherwise noted.) TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, today announced financial results for the quarter ended June 30, 2024 (Q2 2024)†. “We are pleased to deliver another quarter of very strong performance in Q2 2024, with revenue up 23% year-to-year and non-IFRS adjusted EPS* up 65% year-to-year”. said Rob Mionis, President and CEO, Celestica. “With our strong performance in the first half of the year and favorable demand dynamics continuing, we are pleased...

Bocana Resources Corp. – Provides an Update on the Proposed Bolivian Acquisition

Written by Customer Service on July 24, 2024. Posted in Mergers And Acquisitions.

CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) — Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) (“Bocana” or the “Company“) announces it terminated the non-binding letter of intent dated March 25, 2024 (the “LOI“) and accordingly has declined to proceed with the proposed purchase offer for the acquisition (the “Transaction“) of all of the outstanding shares of Empresa Minera Inti Raymi S.A. (“INTI RAYMI“) in Bolivia. The LOI provided a good faith due diligence period which, upon the Company’s satisfaction, would lead to a definitive agreement for the acquisition. While the Company had secured institutional financial commitments and completed preliminary geological, technical and operating assessments, the due diligence identified deficiencies and material items...

Orion Group Holdings Reports Second Quarter 2024 Results

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

HOUSTON, July 24, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the second quarter ended June 30, 2024. Highlights for the quarter ended June 30, 2024:Contract revenues of $192.2 million GAAP net loss of $6.6 million or $0.20 per diluted share Adjusted net loss of $5.2 million or $0.16 per diluted share Adjusted EBITDA of $5.5 million Backlog and contracts awarded subsequent to quarter end totaled $876.3 millionSee definitions and reconciliation of non-GAAP measures elsewhere in this release. Management Commentary “In the second quarter, we generated revenue of $192.2 million and Adjusted EBITDA of $5.5 million. As previously indicated, we anticipated a slower ramp up with two large projects. While we had some...

Aecon reports second quarter 2024 results

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the second quarter of 2024. “With backlog of $6.2 billion and strong demand for Aecon’s services including recurring revenue programs, Aecon is well-positioned to achieve further revenue growth over the next few years,” said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. “The recent Coastal GasLink Pipeline settlement along with the additional write-downs on legacy projects in the second quarter are anticipated to lead to improved profitability and margin predictability as the remaining three projects move closer to substantial completion. We are focused on embracing new growth opportunities linked to the energy transition and opportunities in select U.S. and international markets,...

Jushi Holdings Inc. to Report Second Quarter 2024 Financial Results on August 7, 2024

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the second quarter ended June 30, 2024, after the market closes on Wednesday, August 7, 2024. Management will host a conference call and audio webcast on Wednesday, August 7, 2024, at 4:30 p.m. ET to discuss the Company’s financial results.Event: Second Quarter 2024 Financial Results Conference CallDate: Wednesday, August 7, 2024Time: 4:30 p.m. Eastern TimeLive Call: 1-877-407-0792 (U.S. & Canada Toll-Free)Conference ID 13747162Webcast: RegisterFor interested individuals unable to join the conference call, a webcast of the call will be available for one month following...

Day: July 24, 2024

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