Month: August 2024

CALGARY, Alberta, Aug. 29, 2024 (GLOBE NEWSWIRE) — The Western Investment Company of Canada Limited (TSXV: WI) (“Western” or the “Corporation”) today reported its financial and operating results for the three and six months ended June 30, 2024. Western also announced that it will delay its Annual General and Special Meeting of shareholders (the “Meeting”) to amend the terms of the transaction with Tevir Capital Corp. (“Tevir“), and other affiliates of Paul Rivett, that was previously announced on March 22, 2024 (the “Transaction”). Transaction and Annual General and Special Meeting UpdateWestern is in the process of amending the Transaction terms and, once finalized, the new terms will be announced in a subsequent news release. As such, Western will delay its Shareholder Meeting which was to take place on August 30th,...

Key Highlights: 2nd Quarter operating netbacks of $5.08/Mcf natural gas and $51.58/bbl condensate ($29.74/boe). Conditionally awarded two Productive Participation Contracts to develop and produce hydrocarbons in Venezuela. Creation of new Oilfield Services Division to capitalize on LNG Energy Group’s unique vertical integration. Repayment of $11.8 million in senior secured bank indebtedness to date. TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FWB: E26) (the “Corporation” or “LNG Energy Group”) is pleased to announce its financial and operating results for the quarter ended on June 30, 2024. All dollar amounts are expressed in United States dollars, except where otherwise indicated. “In Q2 2024, we continued our work on growing the production of our Colombian...

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) — Clip Money Inc. (TSXV:CLIP) (OTCQB:CLPMF) (“Clip Money” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce its financial results for the three months ended June 30, 2024. Second Quarter 2024 Highlights Revenue for Q2 2024 was $387,955, compared to $44,907 in Q2 2023, which equates to 764% growth year-over-year (“YoY”), and 30% growth quarter-over-quarter (“QoQ”). Revenue growth continues to materially outpace changes in Costs of Good Sold (“COGS”). On a YoY basis, COGS were up only 20%. Furthermore, COGS were down 4% on a QoQ basis despite an increase in revenue. YoY revenue growth for Q2 2024 was driven by a 458% increase in deposit users, and a 168% increase in average revenue per user. New user growth was driven...

Revenues during the first half of 2024 reached NIS 126 million, alongside an Adjusted EBITDA1of NIS 21 million (Approximately 17% of revenues). Both quarters (Q1 and Q2 of 2024) ended with positive EBITDAs and profit from operations and represents InterCure’s 16th and 17th consecutive quarter of profitability2. Revenues for the first half of 2024 were affected by damages caused by the terrorist attack on October 7, 2023, and the war in Gaza. InterCure is entitled to full compensation from the Israeli authorities for all direct and indirect damages caused to its Southern Facility located at Kibbutz Nir Oz. To date, InterCure has already received tens of millions of NIS as partial advance payments from the Israeli authorities. Announced Expansion of its strategic partnership with Cookies™ to Germany and expects to launch first Cookies...

Company remains focused on larger, higher margin commercial solar projects and targeting full year profitability TORONTO and KNOXVILLE, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces it has filed its unaudited financial results for the for the three- and six-month period ended June 30, 2024. The Company’s Financial Statements and related Management’s Discussion and Analysis are available under the Company’s profile at www.sedarplus.ca and on the Solar Alliance website at www.solaralliance.com.    “The Solar Alliance team experienced a busy second quarter as we worked through the installation of several larger projects in our pipeline. Our purposeful...