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Day: November 20, 2024

Acceleware Ltd. Reports Third Quarter 2024 Financial and Operating Results

CALGARY, Alberta, Nov. 20, 2024 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial process heat, today announced its financial and operating results for the nine months ended September 30, 2024 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s results reflect contributions from the Company’s two business units, radio frequency (“RF”) heating for industrial applications using the Company’s proprietary Clean Tech Inverter (“CTI”) including enhanced oil recovery (“RF XL”), and high-performance computing (“HPC”) scientific software. This news release should be read in conjunction with the Company’s unaudited interim condensed financial statements and the accompanying notes for...

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Western Uranium & Vanadium Closes Second Tranche in CAD $5.5 Million Financing

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Toronto, Ontario and Nucla, Colorado, Nov. 20, 2024 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce that it has received aggregated gross proceeds of approximately CAD $5.5 million through the issuance of a total of 4,142,906 common shares and 4,142,906 warrants in two tranches of a financing which was initially announced in the news release issued by the Company on November 8, 2024 (the “Offering”). For details on the first tranche closing of the Offering, please refer to the news release issued by Western on November 18, 2024. In the second tranche of the Offering which has closed today, Western placed a total of 323,211 units at a price of CAD $1.32 per...

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Condor Announces $10 Million Brokered Financing, With Participation by Lead Investors Eurasia Resource Value S.E. and Other Strategic Investors

CALGARY, Alberta, Nov. 20, 2024 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR) is pleased to announce that it has entered into an agreement with Research Capital Corporation, as the lead agent and sole bookrunner, on behalf of a syndicate of agents, including Auctus Advisors LLP and Canaccord Genuity Corp. (collectively, the “Agents”) in connection with a brokered private placement of common shares of the Company (the “Common Shares”) at a price of $1.90 per Common Share for aggregate gross proceeds of up to $10,000,000 (the “Offering”). The lead investor and largest shareholder of the Company, EurAsia Resource Value S.E., along with certain insiders and other significant strategic investors of the Company, are expected to subscribe into the Offering. Condor continues to make significant progress...

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QSR Enterprises Announces Launch of Toronto-Based Investor-Backed Platform to Acquire and Manage Franchise Businesses in Canada

TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) — A group of private investors based in Toronto has announced the launch of QSR Enterprises, a private equity-backed platform dedicated to acquiring and managing franchise businesses across Canada. This platform is positioned to reshape the quick-service restaurant (QSR) landscape by providing franchise operators with the financial and operational resources needed to achieve long-term growth and success. Strategic VisionQSR Enterprises is designed to strategically acquire and consolidate high-performing franchise businesses, focusing on optimizing operations, expanding market reach, and fostering innovation. By building a cohesive network of franchise brands, the platform aims to deliver significant value to both franchise owners and customers across Canada. Investor-Driven ApproachQSR Enterprises...

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Carlyle Credit Income Fund Announces Fourth Quarter and Full Year 2024 Financial Results and Declares Monthly Common and Preferred Dividends

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) — Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) today announced its financial results for its fourth quarter and full year ended September 30, 2024. The full detailed presentation of the Fund’s fourth quarter and full year ended September 30, 2024, financial results can be viewed on the Fund’s website carlylecreditincomefund.com/investor-dashboard. Lauren Basmadjian, CCIF’s Chief Executive Officer said, “We’re pleased with our 4Q and FY results and continue to execute the strategy we laid out when we first became investment advisor to CCIF in July 2023. Since becoming investment advisor, we almost doubled the dividend rate from 7.8% to 15.2%, an increase of 7.4%. As we enter 2025, we will continue to work to find attractive CLO equity opportunities for...

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Copa Holdings Reports Financial Results for the Third Quarter of 2024

PANAMA CITY, Panama, Nov. 20, 2024 (GLOBE NEWSWIRE) — Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the third quarter of 2024 (3Q24). The terms “Copa Holdings” and the “Company” refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the third quarter of 2023 (3Q23). OPERATING AND FINANCIAL HIGHLIGHTSCopa Holdings reported a net profit of US$146.0 million for 3Q24 or US$3.50 per share, a US$28.4 million decrease compared to 3Q23 on an adjusted basis....

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Intchains Group Limited Reports Third Quarter 2024 Unaudited Financial Results

SHANGHAI, China, Nov. 20, 2024 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), an innovative altcoins development company that primarily focuses on providing integrated solutions consisting of high-performance computing ASIC chip products for altcoins, and on acquiring and holding ETH-based cryptocurrencies as its long-term asset reserve to support its Web3 industry development initiatives including actively developing Web3-based applications, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Operating and Financial HighlightsSales volume of ASIC chips: Our sales volume of ASIC chips for Q3 2024 was 207,838 units, compared to 165,056 units for the same period in 2023, representing an increase of 25.9%. All ASIC chip sales in the...

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Waldencast Reports Q3 2024 Financial Results

$70.2 million of Net Revenue Q3 2024+34.6% Comparable Net Revenue GrowthBoth brands accelerating from Q2 2024+45.5% Obagi Medical and +23.5% Milk Makeup vs Q3 2023Adjusted EBITDA of $11.4 million, up +134.0% vs Q3 2023 LONDON, Nov. 20, 2024 (GLOBE NEWSWIRE) — Waldencast plc (NASDAQ: WALD) (“Waldencast” or the “Company”), a global multi-brand beauty and wellness platform, today reported operating results for the three months ended September 30, 2024 (“Q3 2024”) and nine months ended September 30, 2024 (“Nine Months 2024”) on Form 6-K to the U.S. Securities and Exchange Commission, which are also available on the Company’s investor relations site at http://ir.waldencast.com/. Michel Brousset, Waldencast Founder and CEO, said: “We are pleased to report another quarter of strong results, with Comparable Net Revenue...

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GoldQuest Completes C$8.7 Million Private Placement

VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) — GoldQuest Mining Corp. (TSXV:GQC, “GoldQuest” or the “Company”) is pleased to announce the successful completion of a non-brokered private placement (the “Private Placement”), raising gross proceeds of C$8,698,950.88 through the issuance of 45,783,952 common shares of the Company at a price of C$0.19 per share. Following the Private Placement, the Company’s cash on hand will exceed C$15 million. “We are thrilled to welcome our new investors, all of whom are prominent members of the Dominican Republic’s business community,” said Luis Santana, CEO of GoldQuest. “Their confidence in our vision underscores the strong potential of the Romero project and our exploration activities. We are committed to advancing the Environmental Permit Application process with the Ministry...

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Dynamix Corporation Announces Pricing of $150 Million Initial Public Offering

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) — Dynamix Corporation (the “Company”) announced the pricing of its initial public offering of 15,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) under the symbol “DNYXU” commencing Thursday, November 21, 2024. Each unit consists of one Class A ordinary share of the Company and one-half of one warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Company expects that the Class A ordinary shares and warrants will be listed on Nasdaq under the symbols “DYNX” and “DYNXW,” respectively. The initial public offering is expected to close on Friday, November 22, 2024, subject to customary...

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