Day: July 25, 2024

Burgundy Diamond Mines reports second quarter 2024 results

CALGARY, Alberta, July 25, 2024 (GLOBE NEWSWIRE) — Burgundy Diamond Mines (ASX:BDM) (Burgundy or the company) provided its financial and operating results for the second quarter (Q2-2024) ended June 30, 2024, to the Australian Stock Exchange on July 26, 2024. Burgundy Diamond Mines achieved significant progress in several key areas this quarter. The company’s dedication to potential mine life extensions is demonstrated by active drilling programs at the Sable and Misery mines, as well as advancing the Sable and Fox underground updated prefeasibility studies. Additionally, the company increased ore mined for the quarter compared to Q2-2023 and maintained competitive sale prices in a subdued diamond market. The future Point Lake open pit operation is nearing completion, with the final dewatering phase underway and all necessary...

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Source Energy Services Announces a Partnership with Trican Well Service Ltd. to Develop a Terminal in Taylor, BC

CALGARY, Alberta, July 25, 2024 (GLOBE NEWSWIRE) — (TSX:SHLE) Source Energy Services Ltd. (“Source”) is pleased to announce that it has entered into a partnership with Trican Well Service Ltd. (“Trican”) to construct a new terminal (the “Terminal”) in the District of Taylor, British Columbia. The Terminal will be unit train capable and will feature ~55,000 tonnes of storage and greater than 12,000 tonnes of daily throughput capacity making it one of the largest facilities in northeast British Columbia. “We are proud to partner with the leading pressure pumping service company in the Western Canadian Sedimentary Basin to develop much needed northeast British Columbia sand logistics infrastructure,” said Scott Melbourn, Chief Executive Officer of Source. “Upon completion Source and Trican will be able to offer unparalleled service...

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Heritage Commerce Corp Announces $15 Million Share Repurchase

SAN JOSE, Calif., July 25, 2024 (GLOBE NEWSWIRE) — Heritage Commerce Corp (NASDAQ: HTBK) (the “Company”) the holding company of Heritage Bank of Commerce (the “Bank”) today announced that its Board of Directors (the “Board”) adopted a share repurchase program (the “Repurchase Program”) under which the Company is authorized to repurchase up to $15 million of the Company’s shares of its issued and outstanding common stock. “From time to time, we believe Heritage’s shares are undervalued and repurchases represent a value-enhancing deployment of capital,” said Clay Jones, President and Chief Executive Officer. “We are confident about the growth of our Company, and we believe that when our shares are undervalued, repurchases represent a value-enhancing deployment of capital. We believe this Repurchase Program...

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Heritage Commerce Corp Reports Increased Average Loans and Average Deposits and Enhanced Credit Quality

SAN JOSE, Calif., July 25, 2024 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”), today announced that its second quarter 2024 net income was $9.2 million, or $0.15 per average diluted common share, compared to $10.2 million, or $0.17 per average diluted common share, for the first quarter of 2024, and $16.4 million, or $0.27 per average diluted common share, for the second quarter of 2023. For the six months ended June 30, 2024, net income was $19.4 million, or $0.32 per average diluted common share, compared to $35.3 million, or $0.58 per average diluted common share, for the six months ended June 30, 2023. All data are unaudited. “In the first six months of 2024, we continued to invest in people and technology to achieve our Company’s...

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DIVIDEND 15 SPLIT CORP. II Financial Results to May 31, 2024

TORONTO, July 25, 2024 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2024 are now available on the Company’s website at www.dividend15.com and will also be available at www.sedarplus.com. For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.dividend15.com.

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CTO Realty Growth Reports Second Quarter 2024 Operating Results

WINTER PARK, Fla., July 25, 2024 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended June 30, 2024. Second Quarter and Recent Highlights Reported Net Loss per diluted share attributable to common stockholders of $(0.03) for the quarter ended June 30, 2024. Reported Core FFO per diluted share attributable to common stockholders of $0.45 for the quarter ended June 30, 2024. Reported AFFO per diluted share attributable to common stockholders of $0.48 for the quarter ended June 30, 2024. Received net proceeds of $33.1 million from the completion of a follow-on public offering of 1,718,417 shares of the Company’s 6.375% Series A Cumulative Redeemable Preferred Stock. Received net proceeds of $4.3 million from the issuance of 248,960...

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American Hotel Income Properties REIT LP Announces Passing of Chair W. Michael Murphy

VANCOUVER, British Columbia, July 25, 2024 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V) announces the recent sudden passing of its Chair, Mr. W Michael Murphy. Mr. Murphy was a member of the AHIP Board since its initial public offering, and was appointed Chair of the Board in May 2016. Michael also served as a member and Chair of various of AHIP’s Board Committees over the years. “We are very saddened to hear of Michael’s passing,” said Jonathan Korol, CEO of AHIP. “We would like to express our heartfelt sympathies to Michael’s family during this difficult time. He was a long-time member of the Board of Directors at AHIP, was well respected and highly regarded by those who knew him as a colleague and friend. We will miss his leadership, guidance, wit and business...

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Dividend Select 15 Corp. Financial Results to May 31, 2024

TORONTO, July 25, 2024 (GLOBE NEWSWIRE) — Dividend Select 15 Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2024 are now available on the Company’s website at www.dividendselect15.com and will also be available at www.sedarplus.com. For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.dividendselect15.com. Investor Relations: 1-877-478-2372 Local: 416-304-4443 dividendselect15.com info@quadravest.com

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M Split Corp. Financial Results to May 31, 2024

TORONTO, July 25, 2024 (GLOBE NEWSWIRE) — M Split Corp. (“the Company”) announces that its semiannual financial statements and management report of fund performance for the six months ended May 31, 2024 are now available on the Company’s website at www.m-split.com and will also be available at www.sedarplus.com. For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.m-split.com. Investor Relations: 1-877-478-2372Local: 416-304-4443www.m-split.cominfo@quadravest.com

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First Savings Financial Group, Inc. Reports Financial Results for the Third Fiscal Quarter Ended June 30, 2024

JEFFERSONVILLE, Ind., July 25, 2024 (GLOBE NEWSWIRE) — First Savings Financial Group, Inc. (NASDAQ: FSFG – news) (the “Company”), the holding company for First Savings Bank (the “Bank”), today reported net income of $4.1 million, or $0.60 per diluted share, for the quarter ended June 30, 2024 compared to net income of $2.3 million, or $0.34 per diluted share, for the quarter ended June 30, 2023. Excluding nonrecurring items, the Company reported net income of $3.5 million (non-GAAP measure)(1) and net income per diluted share of $0.52 (non-GAAP measure)(1) for the quarter ended June 30, 2024 compared to $2.3 million, or $0.34 per diluted share for the quarter ended June 30, 2023. The core banking segment reported net income of $4.7 million, or $0.69 per diluted share for the quarter ended June 30,...

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