Day: August 29, 2024

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...

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...

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...

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...

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...

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...

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...