Year: 2024

Prairie Provident Resources Announces Third Quarter 2024 Financial and Operating Results and Basal Quartz Drilling Update

Written by Customer Service on November 15, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) announces its financial and operating results for the three and nine months ended September 30, 2024. The Company’s condensed interim consolidated financial statements (“Financial Statements”) for the three and nine months ended September 30, 2024 and related Management’s Discussion and Analysis (“MD&A”) for the third quarter are available on its website at www.ppr.ca and filed on SEDAR+ at www.sedarplus.ca. THIRD QUARTER 2024 FINANCIAL AND OPERATING HIGHLIGHTSProduction averaged 2,173 boe/d (55% oil and liquids) in the third quarter of 2024, a 38% or 1,350 boe/d decrease from the same period in 2023, primarily due to the sale of the Evi CGU in...

Beam Global Announces Third Quarter 2024 Operating Results

Written by Customer Service on November 15, 2024. Posted in Earnings Releases And Operating Results.

Conference Call Friday, November 15, 2024 at 4:30 p.m. ET SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), (the “Company”), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its third quarter results for the period ended September 30, 2024. Q3 2024 Financial Highlights:Gross Margin was 10.7% of sales, our highest Q3 margin ever, 9 percentage points increase over Q3 2023 YTD Gross Margin 12.4%, 11 percentage points increase over 2023 47.9% revenue derived from commercial customers Record Pipeline of over $200 million Backlog of $7 million Debt free and $100 million line of credit available and unusedQ3 2024 Operational HighlightsAcquisition of Telcom – provides Beam with in-house production capabilities...

AIP Realty Trust Announces Securities Purchase Agreement to Acquire AllTrades Industrial Properties, LLC and Closing of Investment by Plymouth Industrial OP, LP, a subsidiary of Plymouth Industrial REIT, Inc.

Written by Customer Service on November 15, 2024. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces that it, through its subsidiary AIP OP, LP (“OP LP”), has entered into a securities purchase agreement (the “Securities Purchase Agreement”) with 2024 ATIP, Inc. (“ATIP”) pursuant to which the Trust proposes to acquire (the “AllTrades Transaction”) all of the issued and outstanding membership interests (“Membership Interests”) of AllTrades Industrial Properties, LLC (“AllTrades”). OP LP is a Delaware limited partnership of which AIP Realty USA, Inc. (the “REIT”), a subsidiary of the Trust, serves as general partner. Pursuant to the AllTrades Transaction, among other things, OP LP will acquire all of the Membership Interests, the consideration for which is expected to be comprised of the following:Pending...

Maui Land & Pineapple Company Reports Fiscal 2024 Third Quarter Results

Written by Customer Service on November 15, 2024. Posted in Public Companies.

KAPALUA, Hawai‘i, Nov. 14, 2024 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the nine month period ended September 30, 2024. “Our third-quarter results demonstrate strong momentum across all business segments, with an 18.6% increase in revenue compared to last year,” said CEO Race Randle. “We’re encouraged by this growth as we continue making strategic investments in our portfolio of commercial properties and landholdings. This includes progressing the planning on over 3,500 acres in West Maui and over 600 acres in Hali‘imaile, with improvements and value uplift to occur over the next several years. These initiatives reinforce our commitment to addressing community needs and delivering long-term value to our shareholders.”Third Quarter 2024 HighlightsStrategic...

Natural Gas Storage Market to Witness 4.5% CAGR by 2031 | SkyQuest Technology

Written by Customer Service on November 15, 2024. Posted in Mergers And Acquisitions.

Natural Gas Storage Market size was valued at USD 10.72 billion in 2023 to USD 15.25 billion by 2031, growing at a CAGR of 4.5% in the forecast period (2024-2031). Westford, USA, Nov. 14, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Natural Gas Storage Market size will attain the value of USD 15.25 Billion by 2031, with a CAGR of 4.5% during the forecast period (2024-2031). The factors such as increasing demand for natural gas from Asia-Pacific, especially in the pharmaceutical, industrial and transport sectors, are expected to drive the natural gas storage market forecast. In addition, the benefits of using natural gas as a cleaner, more versatile and more efficient fuel for the purposes of global efforts towards a low-carbon economy could drive demand for natural gas is increasing in the future. Weak demand and volatility trends,...

High Arctic Announces 2024 Third Quarter Results

Written by Customer Service on November 15, 2024. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) has released its’ third quarter financial and operating results. The unaudited consolidated financial statements and management discussion & analysis (“MD&A”) for the three and nine months ended September 30, 2024 will be available on SEDAR+ at www.sedarplus.ca, and on High Arctic’s website at www.haes.ca. All amounts are denominated in Canadian dollars (“CAD”), unless otherwise indicated. Mike Maguire, Interim Chief Executive Officer commented on the Corporation’s third quarter 2024 financial and operating...

Refined Energy Corp. to Amend Expiry Date of Warrants

Written by Customer Service on November 14, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) — Refined Energy Corp. (CSE: RUU; OTC: RFMCF; FRA: CWA0) (the “Company”) announces effective November 15, 2024, the Company will extend the expiry date of an aggregate of 2,598,335 outstanding common share purchase warrants (the “Warrants”) by one year, such that the Warrants, which had been scheduled to expire on November 29, 2024, will now have an expiry date of November 29, 2025 (the “Warrant Amendment”). All other terms of the Warrants will remain unchanged. The Warrant Amendment remains subject to acceptance by the Canadian Securities Exchange. The Warrants were originally issued on November 29, 2021, pursuant to a private placement of units at of the Company (each, a “Unit”) at a price of $0.12 per Unit. Each Unit consisted of one common share of the Company (“Share”)...

Adams Natural Resources Fund Declares Year-End Distribution

Written by Customer Service on November 14, 2024. Posted in Public Companies.

BALTIMORE, Nov. 14, 2024 (GLOBE NEWSWIRE) — Adams Natural Resources Fund, Inc. (NYSE: PEO) declared today a year-end distribution of $1.03 per share. The total distributions by the Fund for 2024 will be $1.77, including the distributions totaling $0.74 per share made in 2024 prior to today’s announcement. The annual distribution rate represented by these distributions is 6.7%. The Fund’s estimated sources for the distribution to be paid on December 19, 2024 and for all distributions declared in 2024 to date are as follows: Distribution per Share Net Investment Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of CapitalDecember 19, 2024 $1.03 $0.14 (14%) $0.00 (0%) $0.89 (86%) $0.00 (0%)YTD 2024 $1.77 $0.65 (37%) $0.00 (0%) $1.12 (63%) $0.00 (0%)Fund Performance and Distribution Rate...

Northview Residential REIT Reports Strong Same Door NOI Driven by Western Canada Multi-Residential Growth of 13.8%

Written by Customer Service on November 14, 2024. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (NRR.UN – TSX), today announced financial results for the three and nine months ended September 30, 2024. Q3 2024 HIGHLIGHTS AS COMPARED TO Q3 2023Net operating income (“NOI”) of $42.2 million increased 20.5% Same door(1) NOI of $33.4 million resulting in growth of 8.9% Western Canada multi-residential led same door NOI growth at 13.8% resulting from average monthly rent (“AMR”) (1) growth of 8.8% and occupancy gains of 240 bps AMR improvements across all regions with growth of 6.9% Multi-residential occupancy(1) improved by 130 bps to 96.0% Funds from operations (“FFO”)(2) per basic Unit of $0.48 increased from $0.46 Trailing twelve-month...

Avricore Health Refocuses Strategy to Unlock Growth Potential

Written by Customer Service on November 14, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) — Avricore Health Inc. (TSX-V: AVCR) (“Avricore” or the “Company”), a leader in pharmacy-based point-of-care testing solutions, today announces a strategic shift to increase its focus on the rapidly expanding UK healthcare market and begin concluding its Canadian pharmacy partnership with Shoppers Drug Mart. This shift in market development builds on the UCL Partners announcement of its rapid cholesterol initiative in community pharmacies in North East London. Key Business Update:Shoppers Drug Mart existing program to wind down over a multi-month transition period, ending March 30, 2025 Continuing growth strategy execution with Canadian pharmacy customers such as Rexall throughout 2025 Advancing ongoing business development initiatives and discussions...

Year: 2024

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