Day: November 2, 2024

CORRECTION – Bogota Financial Corp. Reports Results for the Three and Nine Months Ended September 30, 2024 Corrected

TEANECK, N.J., Nov. 01, 2024 (GLOBE NEWSWIRE) — Bogota Financial Corp. (NASDAQ: BSBK) (the “Company”), the holding company of Bogota Savings Bank (the “Bank”), after market close today issued a correction to its financial results for the three and nine months ended September 30, 2024 (the “Revised Earnings Release”), which was issued prior to market open on November 1, 2024 (the “Original Earnings Release”). Interest expense on deposits (and similarly total interest expense) for the three and nine months ended September 30, 2024 reported in the Original Earnings Release was understated by $300,000 due to a misstatement of the rates paid on certain certificates of deposit during the three months ended September 30, 2024. As a result, the Revised Earnings Release reflects the following changes: At September 30, 2024     Average...

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Euro Sun Announces $2.15 Million Private Placement

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES TORONTO, Nov. 01, 2024 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 43,000,000 units of the Company (the “Units”) at a price of C$0.05 per Unit for gross proceeds to the Company of up to approximately C$2.15 million (the “Offering”). Each Unit will consist of one common share of Euro Sun and one share purchase warrant of Euro Sun (“Warrant”). Each Warrant will be exercisable to acquire one common share of Euro Sun at a price of C$0.05 per share for 24 months from the closing of the Offering. Closing of the Offering is expected to occur on or about December 13, 2024 and may close in one or more tranches. All securities issued...

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Madison Pacific Properties Inc. announces the results for the year ended August 31, 2024

VANCOUVER, British Columbia, Nov. 01, 2024 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the year ended August 31, 2024. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies. For the year ended August 31, 2024, the Company is reporting a net loss of $44.2 million (2023: net income of $19.0 million); cash flows generated from operating activities before changes in non-cash operating balances of $11.4 million (2023: $9.5 million); and loss per share of $0.74 (2023: income per share of $0.31). Included in net loss is a provision of $51.5 million (2023: $nil) for uncertain tax positions recognizing a tax liability for unpaid taxes, estimated interest expense and...

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