Day: August 12, 2024

Rio2 Announces Change of Auditor and 2023 ESG Report

Written by Customer Service on August 12, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 12, 2024 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces today that it has changed its auditors from Grant Thornton LLP (the “Former Auditor”) to PricewaterhouseCooper LLP (the “Successor Auditor”). The Former Auditor resigned as the auditor of the Company effective August 8, 2024, and the board of directors of the Company appointed the Successor Auditor on August 8, 2024, until the next annual shareholder meeting of the Company. The Company’s board of directors and audit committee each approved the resignation of the Former Auditor and the appointment of the Successor Auditor in place of the Former Auditor; there were no reservations, modified opinions or reportable events (as defined in National Instrument 51-102) in connection with each...

Calibre Reports Q2, 2024 and Year-To-Date Financial Results and Remains on Track to Deliver into Full Year Production Guidance While the Multi-Million Ounce Valentine Gold Mine Progresses to Construction Completion in Canada

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 12, 2024 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three (“Q2 2024”) and six months (“YTD 2024”) ended June 30, 2024. Consolidated Q2 and YTD 2024 filings can be found at www.sedarplus.ca and on the Company’s website at www.calibremining.com. All figures are expressed in U.S. dollars unless otherwise stated. Darren Hall, President and Chief Executive Officer of Calibre, stated: “Calibre continues to generate strong operating cash flow, while the fully funded Valentine Gold Mine progresses to construction completion. With the recent approvals for the Volcan open pit and subsequent ore deliveries into the Libertad mill we, as planned, expect a stronger H2 and remain on track to deliver into our 2024...

Traction Uranium Announces the Resignation of Faizaan Lalani

Written by Customer Service on August 12, 2024. Posted in Public Companies.

CALGARY, Alberta, Aug. 12, 2024 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) announces the resignation of Faizaan Lalani as a Director of the Company. Mr. Lalani has been a Director of Traction since 2020. “We would like to thank Faizaan for all of his invaluable contributions to the Company,” Paul Gorman, Chief Executive Officer of the Company said. “We wish him all the best in his future endeavours.” About Traction Uranium Corp. Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral exploration and the development of discovery prospects in Canada, including its two uranium projects in the world-renowned Athabasca Region. We invite you to find out more about our exploration-stage activities across Canada’s Western region at https://tractionuranium.com/. On...

Composites Market to Surpass USD 172.27 Billion by 2031, Witnessing 7.1% CAGR Growth | SkyQuest Technology

Written by Customer Service on August 12, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Aug. 12, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Composites Market will attain a value of USD 172.27 Billion by 2031, with a CAGR of 7.2% over the forecast period (2024-2031). Used in the aerospace and defence industries, since composites lower the weight of military aircraft and helicopters in a manner that is remarkable. Weight loss is thought to be crucial for improving performance in general and fuel efficiency, and it is anticipated to become the primary factor driving the industry’s expansion. The global COVID-19 outbreak has had a substantial effect on supply chains since key economies have halted commerce. Download a detailed overview:https://www.skyquestt.com/sample-request/composites-market Browse in-depth TOC on the ” Composites Market “Pages – 165 Tables –...

Osisko Development Reports Second Quarter 2024 Results

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, Aug. 12, 2024 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) reports its financial and operating results for the three months ended June 30, 2024 (“Q2 2024“). Q2 2024 HIGHLIGHTS Operating, Financial and Corporate Updates:805 ounces of gold sold by the Company from operating activities in the second quarter, comprising of 790 ounces of gold sold from the Trixie test mine (“Trixie“), and the balance from the Cariboo Gold Project (“Cariboo Gold Project“) by processing stockpiles at a third-party facility. $2.6 million in revenues ($10.8 million in Q2 2023) and $2.7 million in cost of sales ($11.4 million in Q2 2023)...

Crown Point Announces Operating and Financial Results for the Three and Six Months Ended June 30, 2024

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 12, 2024 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or “we“) today announced its financial and operating results for the three and six months ended June 30, 2024. Selected information is outlined below and should be read in conjunction with the Company’s June 30, 2024 unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) that are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.crownpointenergy.com. All dollar figures are expressed in United States dollars (“USD”) unless otherwise stated. In the following discussion, the three months ended June 30, 2024 may be...

Imperial Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 12, 2024 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three and six months ended June 30, 2024. QUARTER HIGHLIGHTS “Operationally, the second quarter was aligned with guidance, driven largely by higher through-put and copper grades at both Mount Polley and Red Chris,” said Brian Kynoch, President. “With consolidated production totalling 27,854,171 pounds copper and 26,629 ounces gold through the first half of the year, we remain on track to achieve 2024 guidance.” “During the quarter, we also achieved strong financial results, including adjusted EBITDA of $55.1 million and cash earnings of $54.2 million which was derived from strong operational results and higher metal prices.” FINANCIAL Adjusted EBITDA increased by $54.2 million to...

Titanium Transportation Group Reports Solid Q2 2024 Revenue and Volume Growth in Both its Trucking and Logistics Segments

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

Second quarter consolidated revenue increased 14.7% year-over-year, driven by growth in Truck Transportation and Logistics revenues, despite persistent market challenges impacting all motor carriers and logistics services providers. Revenue growth in the Truck Transportation segment was 20.7%, year-over-year, reflects revenue from our recent U.S. asset-based acquisition. Also, on a year-over-year basis, revenues in the Logistics sector rose by 6.6% during the second quarter. The Company continued to strengthen its balance sheet by divesting redundant assets and operations, as well as optimizing its fleet.BOLTON, Ontario, Aug. 12, 2024 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF), a leading provider of transportation and logistics services...

AVANTE CORP. ANNOUNCES 46% REVENUE GROWTH FOR THE FIRST FISCAL QUARTER ENDED JUNE 30, 2024

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. news wire services or for dissemination in the United StatesAvante Corp. achieved 46% year-over-year revenue growth in the first quarter with Recurring Monthly Revenues improving by 23%. The Company anticipates accelerated growth in Fiscal 2025, driven by the NSSG acquisition and continuing to combine organic growth with strategic acquisitions.TORONTO-Ontario, Aug. 12, 2024 (GLOBE NEWSWIRE) — Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its financial results for its first fiscal quarter ended June 30, 2024 all amounts in Canadian dollars thousands, unless otherwise indicated). Manny Mounouchos, Founder, Chief Executive Officer and Board Chair of Avante, commented, “The first quarter of fiscal 2025 marked an exceptional period of growth for Avante, with...

Extendicare Announces 2024 Second Quarter Results

Written by Customer Service on August 12, 2024. Posted in Earnings Releases And Operating Results.

MARKHAM, Ontario, Aug. 12, 2024 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and six months ended June 30, 2024. Second Quarter 2024 HighlightsAdjusted EBITDA(1) excluding out-of-period items improved by $19.7 million to $34.5 million, largely driven by rate increases in long-term care (“LTC”) and home health care and volume growth in home health care and managed services. Home health care average daily volume (“ADV”) increased to 30,027, up 10.8% from Q2 2023. LTC average occupancy increased 60 basis points (“bps”) to 97.8% from 97.2% Q2 2023. Extendicare Assist beds under management grew to 9,777, up 64.1% from Q2 2023, and SGP third-party and joint venture serviced beds increased by 22.1% from Q2 2023 to 140,900 beds, driven by the 2023 Revera and Axium...

Day: August 12, 2024

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