Day: October 22, 2024
MEXICO CITY, Oct. 22, 2024 (GLOBE NEWSWIRE) — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central and South America, today reports its unaudited financial results for the third quarter of 20241.
Third Quarter 2024 Highlights(All figures are reported in U.S. dollars and compared to 3Q 2023 unless otherwise noted)Net income of $37 million. Earnings per American Depositary Shares (ADS) of $32 cents.
Total operating revenues of $813 million, a 4% decrease.
Total revenue per available seat mile (TRASM) increased 12% to $9.38 cents.
Available seat miles (ASMs) decreased by 14% to 8.7 billion.
Total operating expenses of $687 million, representing 85% of total operating revenue.
Total operating expenses...
Synergy CHC Corp. Prices $10.35 Million Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
WESTBROOK, Maine, Oct. 22, 2024 (GLOBE NEWSWIRE) — Synergy CHC Corp. (“Synergy”), a provider of consumer health care, beauty, and lifestyle products, announced today the pricing of an initial public offering of 1,150,000 shares of its common stock at $9.00 per share. The shares are expected to begin trading on the Nasdaq Global Market on October 23, 2024 under the ticker symbol “SNYR.” In addition, Synergy granted the underwriters a 30-day option to purchase up to an additional 172,500 shares of common stock at the initial public offering price less underwriting discounts and commissions. The offering is expected to close on October 24, 2024, subject to customary closing conditions.
Synergy expects to receive approximately $8.4 million of net proceeds from the offering, or $9.9 million if the underwriters exercise their option...
Mount Logan Capital Inc. Schedules Release of Third Quarter 2024 Results
Written by Customer Service on . Posted in Public Companies.
TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (CBOE: MLC) (“Mount Logan” or the “Company”) will release its financial results for the third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024. The Company will host a conference call on Tuesday, November 12, 2024, at 12:00 p.m. Eastern Time to discuss these results. Shareholders, prospective shareholders, and analysts are welcome to listen to the conference call. To join the call, please use the dial-in information below. A recording of the conference call will be available on Mount Logan’s website www.mountlogancapital.ca in the Investor Relations section under “Events”.
Canada Dial-in Toll Free: 1-833-950-0062US Dial-in Toll Free: 1-833-470-1428International Dial-in:Access Code: 672430
About Mount Logan Capital Inc.Mount Logan...
LEEF Brands Partners with Investment Publishing LLC for Strategic Investor Relations Campaign
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VANCOUVER, British Columbia, Oct. 22, 2024 (GLOBE NEWSWIRE) — LEEF Brands Inc. (“LEEF” or the “Company”) (CSE: LEEF) (OTC: LEEEF) is excited to announce its partnership with Investment Publishing LLC (“Investment Publishing”), led by Mariusz Skonieczny, to enhance the Company’s investor relations strategy.
The engagement of Investment Publishing, which commenced on October 21, 2024 for an initial one year term is designed to increase awareness of LEEF’s brand, operational milestones, and growth initiatives. Investment Publishing will aim to engage investors through public relations efforts, educational content, and direct outreach using a range of digital platforms, including social media channels, email newsletters, and investor-focused webinars.
As compensation for services to be provided, LEEF has granted 3,000,000...
TruGolf Announces Guidance for Second Half 2024
Written by Customer Service on . Posted in Public Companies.
Expects Strong Revenues Driven by Franchising and New Products
Will Issue Q3 Results in First Half of November
Salt Lake City, Utah, Oct. 22, 2024 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading provider of golf simulator software and hardware, announced today its financial outlook for the balance of 2024. The Company expects to report strong revenues for the second half of 2024 driven in part by new revenues from its franchising business, TruGolf Links, as well as by market adoption of new products launched earlier this year.
Chief Executive Officer and Director Chris Jones said, “We have seen strong lift in interest, leads, and closes in Q2 and Q3 which has us excited for the dynamic growth ahead of TruGolf. The launch of our franchise concept has been very well received in the market and we expect it to continue...
Altai Mourns the Passing of Chairman and President Niyazi Kacira, and Announces Election of the Board of Directors, Appointment of New Chairman and President, and Stock Option Grants
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TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Altai Resources Inc. (ATI, TSX VENTURE; US SEC Rule 12g3-2(b) File # 82-2950) (“Altai” or the “Company”) announces with great sadness the passing of its Chairman and President, Dr. Niyazi Kacira following a short illness. We extend our deepest sympathies to his family.
The Board and the Altai family will greatly miss his extraordinary passion and devotion to the Company, thoughtful leadership and ability to connect with people. He was a person of great integrity and unparalleled reputation.
Dr. Kacira took over the helm of the dormant Black Cliff Mines Ltd. (later changed the name to Altai Resources Inc) in 1987, revived it and listed it on the Toronto Stock Exchange. Since 1987, he served as President (except for a short period of time) and Chairman until his passing. He has made an invaluable...
Multimedia Update – Big Screen Entertainment Brings Iconic Duo Diane Franklin and Kimberley Kates Together Again for ‘Avenger Field’ on Amazon Audible
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LOS ANGELES, Oct. 22, 2024 (GLOBE NEWSWIRE) — Big Screen Entertainment Group (OTC:BSEG) is thrilled to announce the casting of Diane Franklin and Kimberley Kates in “AVENGER FIELD,” a groundbreaking 5-part audio series set for Amazon Audible. This series marks a significant milestone as it brings back the beloved actresses known for their roles as Princesses in “Bill & Ted’s Excellent Adventure,” now stepping into the shoes of real-life heroines from World War II.
Li Bang International Corporation Inc. Announces Pricing of Initial Public Offering
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Jiangyin, China, Oct. 22, 2024 (GLOBE NEWSWIRE) — Li Bang International Corporation Inc. (the “Company” or “Li Bang”), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced the pricing of its initial public offering (the “Offering”) of 1,520,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on October 23, 2024, under the ticker symbol “LBGJ.”
The Company expects to receive aggregate gross proceeds of US$6.08 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 228,000...
Brandywine Realty Trust Announces Third Quarter 2024 Results And Adjusts And Narrows 2024 Guidance
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
PHILADELPHIA, Oct. 22, 2024 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and nine-month periods ended September 30, 2024.
Management Comments
“During the third quarter we made strong progress on our 2024 business plan highlighted by exceeding many of our targets and for the second consecutive quarter raising both our speculative revenue target and our annual tenant retention rate,” stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. “Based on our 2024 leasing activity, we are raising our speculative revenue target to $26.3 million and this revised target is 100% achieved and represents a 7% increase over our original business plan. In addition, we increased our annual tenant retention rate by 3.0% placing us over...
Abcourt Announces its Results for the Fourth Quarter and annuals ended June 30, 2024
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ROUYN-NORANDA, Quebec, Oct. 22, 2024 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB : ABMBF) announces its results for the fourth quarter and the year ended June 30, 2024. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. The financial statements and management report are available on SEDAR+.
Highlights for the year ended June 30, 2024In July 2023, the Company published the technical report and preliminary economic assessment for the Sleeping Giant project in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects;
In July 2023, Robert Gagnon, geologist, was appointed Vice-President Exploration of the Corporation;
In November 2023, Abcourt completed a drilling campaign on the Flordin...