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Month: August 2024

Swiss Water Reports Second Quarter Results

VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three and six months ended June 30, 2024. Second Quarter Financial and Operational HighlightsSince completing the commissioning process during the third quarter of last year, the Company has been decaffeinating commercial grade coffee on its new second production line in Delta, BC. During the first half of this year, processing volumes and quality metrics on the new line continued to increase, enabling the delivery of forecasted volumes, and significant production efficiencies. Total sales volumes for the second quarter increased by 12%, while first-half volumes decreased...

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Calian Reports Results for the Third Quarter

(All amounts in release are in Canadian dollars) OTTAWA, Ontario, Aug. 07, 2024 (GLOBE NEWSWIRE) — Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, today released its results for the third quarter ended June 30, 2024. Q3-24 Highlights:Revenue up 11% to $185 million Gross margin at 33.4%, up from 30.7% last year Adjusted EBITDA1 up 22% to $17.7 million Operating free cash flow1 of $10.0 million Net liquidity of $132 million Repurchased 26,600 shares in consideration of $1.5 million Renewed and won several contracts Backlog increased to $1.2 billion Completed the acquisition of Mabway on May 9, 2024 The Company intends to renew its NCIB in August 2024, subject to TSX approvalFinancial Highlights Three months ended Nine...

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Conifex Announces Second Quarter 2024 Results Conference Call

VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it plans to release its second quarter 2024 results after market close on Tuesday, August 13, 2024. Conifex has scheduled a conference call at 2:00 PM Pacific time / 5:00 PM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers: Toll-Free Access (Canada/US): 1-800-806-5484Local dial-in number: 416-340-2217Participant Pass Code: 7803003# The call will also be available on instant replay until October 4, 2024. For Instant Replay Access, please dial one of the following numbers and enter Participant Pass Code 2888896#. Toll-Free Access: 1-800-408-3053 For further information, please contact: Trevor PrudenChief Financial Officer(604)...

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McEwen Mining: Q2 2024 Results

TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2024. “I’m delighted that this quarter was the most profitable since 2016 as measured by Adjusted EBITDA(1) for our mining operations and Q3 is off to a good start. Production costs increased 8% quarter-over-quarter, but revenue grew by 38%. Fox and Gold Bar are capitalizing on the higher gold prices to increase operating cash flow, Gold Bar in particular with its AISC at only $1,400 per GEO in H1. It’s important to note that our net loss continues to be influenced by McEwen Copper and its expenses at Los Azules, which are non-cash as it relates to MUX,” commented Rob McEwen, Chairman and Chief Owner. “McEwen Copper continues to grow in value –...

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Andrew Peller Limited Reports Financial Results for First Quarter Fiscal 2025

GRIMSBY, Ontario, Aug. 07, 2024 (GLOBE NEWSWIRE) — Andrew Peller Limited (TSX: ADW.A / ADW.B) (“APL” or the “Company”) announced today results for the three months ended June 30, 2024. All amounts are expressed in Canadian dollars unless otherwise stated. FIRST QUARTER 2025 HIGHLIGHTSRevenue was $99.5 million, compared with $100.5 million in the prior year; Gross margin of 38.4%, consistent with the prior year; EBITA increased to $12.9 million, from $12.7 million in Q1 2024; and Net loss of $0.4 million ($0.01 per Class A Share), compared to $0.9 million ($0.02 per Class A Share) in Q1 2024.“Our operating results were largely consistent year over year, as our significant work on cost savings initiatives and operational efficiencies has enabled us to generate solid EBITA performance through a period of softer market conditions...

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Fancamp Clarifies Technical Disclosure

VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Company”) (TSX Venture Exchange: FNC) announces that in connection with a technical disclosure review by the British Columbia Securities Commission (the “BCSC”), the Company is clarifying certain disclosures related to the Company’s Clinton property, located in the Northern Appalachian region in the Eastern Townships of Québec (the “Clinton Property”), contained in the Company’s previous corporate presentations for Q2 2023 and Q1 2024 (the “Presentations”). The information contained in the Presentations in respect of the Clinton Property is not supported by a compliant National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report and the information in the Presentations should not...

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Petrus Resources Announces Second Quarter 2024 Financial & Operating Results

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and six months ended June 30, 2024. Q2 2024 HIGHLIGHTS:Production – Production for the first half of 2024 averaged 9,627 boe/d(1), up from 9,474 boe/d in the fourth quarter of 2023, despite reduced capital investment, scheduled downtime associated with maintenance, and strategic shut-ins due to low natural gas prices in the first half of 2024.Increased oil production – Average oil weighting for the first half of 2024 increased to 15%, up from 13% in the fourth quarter of 2023. Over the same time period, oil production increased 17% to an average of 1,426 boe/d.Operating expense down 27% – Operating expense was $4.96/boe in the second quarter...

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CENTOGENE Receives Delisting Notice From Nasdaq

CAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, Aug. 07, 2024 (GLOBE NEWSWIRE) — Centogene N.V., the essential life science partner for data-driven answers in rare and neurodegenerative diseases, today announced that it received a notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Nasdaq Hearings Panel has determined to delist CENTOGENE’S common stock from Nasdaq. The notice indicates that CENTOGENE (the “Company”) remains noncompliant with Nasdaq Listing Rule 5450(b)(2)(C), which requires a minimum USD 15 million market value of publicly held shares. Suspension of trading in the Company’s common stock on Nasdaq will be effective at the open of trading on August 8, 2024. The Company may, within 15 calendar days from the date of the notice, request that Nasdaq review the decision, but the Company does not intend...

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illumin Adds New Chief Revenue Officer and New Senior Vice President of Marketing to Leadership Team

New CRO and SVP Bring Deep Experience in Advertising, Agencies and Brands TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) — illumin Holdings Inc. (TSX: ILLM) (OTCQB: ILLMF) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced the additions of a new Chief Revenue Officer and new Senior Vice President of Marketing, effective August 2024. New Chief Revenue Officer (CRO) Liz Ritzcovan joins illumin as Chief Revenue Officer in August 2024, taking charge of all sales, account management and customer support across illumin’s operations worldwide. Prior to joining illumin, Ms. Ritzcovan served as Chief Revenue Officer of Hustle, a person to person reach platform used by brands, agencies, non-profits and governments to engage...

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Tandy Leather Factory Reports Second Quarter 2024 Results

FORT WORTH, Texas, Aug. 07, 2024 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the second fiscal quarter of 2024. Highlights from Second Quarter 2024:Revenues were $17.3 million, down 1.1% from 2023 Generated operating income of $63,000 Net income of $0.1 million, down from $0.5 million in 2023 Gross margins of 58.0%, down from 62.5% in 2023 Operating expenses $10.0 million, down 1.7% from 2023 Adjusted EBITDA* of $0.8 million Ended quarter with $11.5 million of cash and cash equivalentsTandy Leather Factory’s second quarter sales were $17.3 million in 2024, down from $17.5 million in 2023. Second quarter 2024 gross profit was $10.0 million, down from $10.9 million in 2023. Second quarter operating income was $63,000, down from $0.8 million in 2023. As of June...

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