Day: April 29, 2025

WINDSOR, Ontario, April 29, 2025 (GLOBE NEWSWIRE) — NEXE Innovations Inc. (“NEXE”, the “Company”, “we”, “us” or “our”) (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the three-month period ended February 28, 2025 (“Q3 2025”). We at NEXE Innovations are pleased with the milestones achieved in 2024 and what we believe are the transformative opportunities ahead. As of April 22, 2025, NEXE has delivered over one million pods to our partners, demonstrating continued interest in our products across Canada and the U.S. We are currently focusing our sales efforts on the Canadian market while also advancing our U.S. expansion strategy to better serve customers in that market....

VANCOUVER, British Columbia, April 29, 2025 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its audited results for the financial year ended December 31, 2024 (“YE 2024”). The audited, consolidated financial statements at year-end 2024, together with the related management’s discussion and analysis, are available on the Company’s website and under the Company’s profile at www.sedarplus.ca. HighlightsGenerated revenue of US$8.8 million in 2024. Produced 2,810 gold equivalent ounces and sold 3,705 gold equivalent ounces (1) from the Cap-Oeste operation in Santa Cruz, Argentina. Spent US$3 million on exploration of key projects in Argentina including completion of:A diamond drilling program in the Abril target to test the extension of mineralization identified in previous reverse circulation...

Business HighlightsFirst quarter of 2025 sales decreased 13% Q/Q and decreased 12% Y/YSSD controller sales: 1Q of 2025 decreased 10% to 15% Q/Q and decreased 20% to 25% Y/Y eMMC+UFS controller sales: 1Q of 2025 decreased 15% to 20% Q/Q and decreased 0% to 5% Y/Y SSD solutions sales: 1Q of 2025 decreased 20% to 25% Q/Q and decreased 35% to 40% Y/YAnnounced new $50 million share repurchase programFinancial Highlights  1Q 2025 GAAP 1Q 2025 Non-GAAP* • Net sales $166.5 million (-13% Q/Q, -12% Y/Y) $166.5 million (-13% Q/Q, -12% Y/Y) • Gross margin 47.1% 47.1% • Operating margin 5.9% 8.9% • Earnings per diluted ADS $0.58 $0.60* Please see supplemental reconciliations of U.S. Generally Accepted Accounting Principles (“GAAP”) to all non-GAAP financial measures mentioned herein towards the end of this news release. TAIPEI,...

CALGARY, Alberta, April 29, 2025 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported first quarter results today. All results are presented in U.S. dollars unless otherwise stated. 2025 FIRST QUARTER OPERATIONAL HIGHLIGHTSRevenue was $172.6 million, up 7% from 2024. Gross profit margin was 25.5%, up from 24.8% in 2024. Adjusted EBITDA(1) improved to $33.8 million, up 16% from 2024. Adjusted EBITDA margin(1) rose to 19.6%, up from 18.1% in 2024. Revenue per truck per month (“RPT”)(1) was U.S.$35,034, compared to U.S.$35,138 in 2024 (Note: RPT will be reported in U.S. dollars going forward). Adjusted earnings per share(1) was $0.19, up 36% from 2024. The Company’s board of directors...

LAS VEGAS, April 29, 2025 (GLOBE NEWSWIRE) — GBank Financial Holdings Inc. (the “Company”) (OTCQX: GBFH), the parent company of GBank (the “Bank”), today reported net income for the quarter ended March 31, 2025 of $4.5 million, or $0.31 per diluted share, compared to $5.2 million, or $0.37 per diluted share during the fourth quarter of 2024, and $3.7 million, or $0.29 per diluted share, for the first quarter of 2024. First Quarter 2025 Financial Highlights (Unaudited)Net income of $4.5 million and diluted earnings per share of $0.31Net revenue(1) of $17.4 million, an increase of 31.4% compared to the first quarter of 2024SBA Lending and Commercial Banking loan originations of $133.0 million, compared to $136.6 million for the first quarter of 2024Gain on sale of loans of $2.5 million on loans...

Consolidated Revenue of $517.1 Million Shipments of 470K Tons, with an 11% Quarter over Quarter increase in Plate Product Shipments, at 91K Tons Net Loss of $24.5 Million and Adjusted EBITDA Loss of $46.7 Million, Including a $50 Million Insurance Proceeds Receivable First Steel Production from Transformative Electric Arc Furnace (“EAF”) Expected During Q2 2025 With no Material Change in Both Total Project Cost and 2025 EAF Production Expectations SAULT STE. MARIE, Ontario, April 29, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its first quarter ended March 31, 2025. Unless otherwise specified, all amounts are in Canadian dollars. Business Highlights and First...