August 29, 2024 – Page 2

Cerro Grande Mining Corporation Announces its Third Fiscal Quarter ended June 30, 2024 results compared to the same period in 2023

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) — Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) reported its unaudited results for the third fiscal quarter ended June 30, 2024 compared to the same quarter in 2023. These financial statements and MD&A have been filed on SEDAR and the Company refers the reader to those materials for additional information. Cerro Grande Mining Corporation is an exploration and development company with properties and activities currently focused in Chile. Cautionary Statement on Forward-looking Information: This news release contains “forward-looking information”, which may include, but is not limited to, statements with respect to the future financial or operating performance of CEG. Often, but not always, forward-looking statements can be identified by the use of words...

AIP Realty Trust Announces Second Quarter 2024 Results

Written by Customer Service on August 29, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 29, 2024 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP Realty”) (TSXV:AIP.U) today announced its financial results for the three and six months ended June 30, 2024. All dollar amounts are stated in U.S. dollars. 2024 Highlights The Trust owns a 100% leased multi-tenant light industrial flex facility located on Eagle Court in Lewisville, Texas (the “Eagle Court Property”). The Eagle Court Property has been 100% leased since substantial completion in June 2020. The Eagle Court Property had expected normal tenant turnover but even through this, has realized an overall ~10% increase in investment property revenue from higher lease rates. During the three and six months ended June 30, 2024, the Eagle Court Property generated investment property revenue of $152,591 and $303,633, comprised...

Koss Corporation Releases Fourth Quarter and Full Year Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

MILWAUKEE, Aug. 29, 2024 (GLOBE NEWSWIRE) — Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the fourth quarter and fiscal year ended June 30, 2024. Sales for the fourth fiscal quarter of 2024 were $2,893,401 compared to $3,073,350 for the same three-month period in the prior year, a decline of 5.9%. The net loss for the three months ended June 30, 2024 was $110,369 versus a net loss of $259,839 for the last quarter of the prior fiscal year. Both basic and diluted loss per common share for the quarter ended June 30, 2024 were $0.01, compared to basic and diluted loss per common share of $0.03 for the same three-month period one year ago. “Sales for the quarter were down mostly because of the decline in sales to our largest European distributor, partially...

Red White & Bloom Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) is pleased to report it has filed its Condensed Interim Consolidated Financial Statements (“the Financial Statements”), Management’s Discussion and Analysis (“MD&A”), and associated certifications for its second quarter ended June 30, 2024. President’s Commentary Colby De Zen, President, stated, “In the second quarter, we made notable strides on several strategic initiatives. We advanced refinancing agreements with our strategic lenders, moved closer to opening five new retail locations in Florida in anticipation of stronger legalization prospects, established key distribution partnerships in California to boost market penetration, and strengthened our vendor relationships. Additionally, we worked to...

StateHouse Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

Q2 2024 Net Revenue Increased 10% to $27.8 Million and Gross Margin Remains Strong at 50.8% Achieved Positive Net Income of $0.2 Million and Adjusted EBITDA of $4.9 Million in Q2 2024 SAN DIEGO and TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) — StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQB: STHZF), a California-focused, vertically integrated cannabis company, today announced its financial results for the three-month period ended June 30, 2024 (“Q2 2024”), as well as provided additional business updates. The unaudited condensed interim consolidated financial statements for Q2 2024, as well as the corresponding management’s discussion and analysis, will be available for download from the Company’s investor website, statehouseholdings.com, and on the Company’s SEDAR+ profile. Unless otherwise indicated, all...

BIGG Digital Assets Inc. Reports Financial Results For Q2 2024

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 29, 2024 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group and TerraZero is pleased to report its Q2 2024 financial results. All figures are in Canadian Dollars (CAD) unless otherwise noted. Q2 2024 Highlights: Gross operating revenue of $2.4M, comprising $2M for Netcoins, $0.4M for Blockchain Intelligence Group Netcoins revenue was $2M (2023 – $1M), marking an increase of 96% year-over-year (YoY) and an increase of 137% for H1 2024 as compared to H1 2023. Transaction revenue was $1.99M, increasing 95% YoY. At June 30, 2024, customers’ staked Assets under Custody totalled $3.8M (2023 – $Nil), resulting...

Current Water Announces Second Quarter 2024 Financial Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

GUELPH, Ontario, Aug. 29, 2024 (GLOBE NEWSWIRE) — Current Water Technologies Inc. (TSX-V: WATR) (“CWTI” or “the Company” or “the Corporation“), released its financial results for the three months ended June 30, 2024. A copy of the Company’s interim consolidated financial statements and the corresponding management discussion and analysis (MD&A) are available under the Company’s profile on www.sedarplus.ca. Unless otherwise stated, all dollar amounts are expressed in Canadian dollars. Second quarter 2024 financial highlights Revenue was $481,225, compared with $691,791 in the corresponding period in 2023. Operating expenses were $517,478, compared with $555,463 in the corresponding period in 2023. Net Earnings were ($36,252), compared with $136,328 in the corresponding period in 2023. Revenue...

Ninepoint Partners Announces Final August 2024 Capital Gains and Cash Distributions for Ninepoint High Interest Savings Fund – ETF Series Securities

Written by Customer Service on August 29, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the final August 2024 notional capital gains and cash distributions for the ETF Series securities of Ninepoint High Interest Savings Fund (the “Fund”). The distribution is in connection with the Fund revising its investment strategy to meet the definition of a “money market fund” as set out in National Instrument 81-102 Investment Funds (NI 81-102) effective September 3, 2024. This distribution aims to optimize the tax position of the Fund at year-end. The notional capital gain distribution will be reinvested in additional units of the Fund’s ETF Series securities. The additional units will be immediately consolidated so that the number of units outstanding following the distribution will equal the number of units outstanding...

ARCA biopharma Announces Completion of Merger with Oruka Therapeutics and Implementation of Reverse Stock Split

Written by Customer Service on August 29, 2024. Posted in Mergers And Acquisitions.

The combined company will operate as “Oruka Therapeutics, Inc.” with its common stock traded on Nasdaq under trading symbol “ORKA” effective Tuesday, September 3, 2024 WESTMINSTER, Colo., Aug. 29, 2024 (GLOBE NEWSWIRE) — ARCA biopharma, Inc. (NASDAQ: ABIO) (“ARCA”) today announced completion of the merger with Oruka Therapeutics, Inc. (“Oruka”) following ARCA’s successful receipt of stockholder approval for all proposals related to the merger at a special meeting of stockholders on August 22, 2024. ARCA following the merger is referred to herein as the “combined company.” As previously announced, the combined company will effect a reverse stock split of its common stock subsequent to the merger. Thomas A. Keuer, President of ARCA said, “We are pleased with the outcome of the special meeting and appreciate our stockholders’ support...

Eguana Announces Second Quarter 2024 Financial Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 29, 2024 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) (“Eguana” or the “Company”), a leading provider of high-performance energy storage systems, reports financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Q2 2024 revenue of $0.7 million, a decline from the comparative quarter in June 2022 with revenue of approximately $2.1 million. 2024 revenues remain constrained by a slower than expected recovery of the residential rooftop solar market. Q2 2024 gross margin is stronger than prior quarters, at approximately 10% as compared approximately 0% for the prior comparative quarter for June 2023. The positive margin gain was driven by a change in product mix versus the comparative quarter. Q2 2024 operating loss of $2.1 million, a decrease from a $4.1 million...

Day: August 29, 2024

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