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Day: May 1, 2025

Hydreight Achieves Record Revenue and Profitability Milestone in Q4 2024 Audited Results

Record 2024 Topline¹ revenue of $22.32 million, up 31% from 2023 Record 2024 GAAP revenue of $16.04 million, up 39% from 2023 2024 Adjusted EBITDA¹ of +490K compared to ($1.38) million in 2023 2024 gross margin of $5.75 million, up from 8% from 2023 Q4 2024 Topline¹ revenue of $5.74 million, up 15% from Q4 2023 Q4 2024 GAAP revenue of $4.04 million, a 20% increase over Q4 2023 Q4 2024 gross margin of $1.37 million, compared to 1.57 million in Q4 2023 Met profitability milestone by achieving positive cash flow from operations in 2024 Audited Results Ranked #9 on Deloitte’s 2024 Technology Fast 50™ list of Canada’s fastest-growing companies Ranked #56 on Deloitte’s 2024 Technology Fast 500™ list of fastest-growing companies in North America Recognized as one of the TSX Venture Exchange’s 2024 Top 50 Companies Completed First...

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Clear Blue Technologies Announces Fiscal 2024 Results & Provides Corporate Update

Financial Restructuring in Q4 2024 successfully completed positioning company for strong 2025 TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), the Smart Power Company, announces its financial results for fiscal 2024 (“F2024”). A complete set of Financial Statements and Management’s Discussion & Analysis (“MD&A”) has been filed at www.sedarplus.ca. All dollar amounts are denominated in Canadian dollars. F2024 Financial ResultsBookings increased to $5,071,105, an increase of 105%, when compared to $2,469,846 as of December 31, 2023, with delivery anticipated over the next three years. TFQ revenue was $2,758,295, a 49% decrease from $5,403,589 in F2023. TFQ recurring revenue was $759,261 a 2% increase from $747,148 in F2023. TFQ Gross Profit decreased...

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Firm Capital Apartment REIT Provides Strategic Review Update, Q4/2024 and 2024 Results

All figures in $USD unless otherwise noted. TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three and twelve months ended December 31, 2024 and provide a Strategic Review update: STRATEGIC REVIEW UPDATE The board continues to work to dispose of its remaining Wholly Owned Assets and evaluate uses for the Trust. Senior management has had multiple discussions with a number of third parties as to the best path forward for the entity. Senior management and the board will report back to unitholders in due course. The Board will continue to assess matters on a quarterly basis and determine if the Trust should: (i) distribute excess income; (ii) distribute net proceeds from asset sales, after debt...

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Spirit Blockchain Capital Inc. Files 2024 Audited Financial Statements and Provides Corporate Update

Vancouver, BC, April 30, 2025 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (CSE: SPIR / OTCQB: SBLCF) (“Spirit” or the “Company”) announces that it has filed its audited financial statements and related management’s discussion and analysis (“MD&A”) for the fiscal year ended December 31, 2024. The audited financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and were audited by SCRO, Chartered Professional Accountants. As part of the audit, the independent auditor’s report includes an emphasis of matter regarding material uncertainties related to the Company’s ability to continue as a going concern. The filings were made in accordance with the continuous disclosure requirements of the Canadian Securities Exchange (“CSE”) and applicable securities legislation....

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Mene Inc. Reports Financial Results for the Fourth Quarter and Year Ended 2024

TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, today announced financial results for the fourth quarter and year ended December 31, 2024. All amounts expressed herein reflect Canadian dollars unless otherwise noted. FOURTH QUARTER FINANCIAL HIGHLIGHTSIFRS Revenue of $9.1 million, an increase of $2.3 million (33%) Year-over-Year (“YoY”). Gross Profit of $2.8 million, with a gross profit margin of 31%, an increase of $1.2 million YoY. Total comprehensive loss of $0.3 million during the quarter, increased by $1.4 million YoY. Total metal weight of 73 kilograms was sold during the quarter, consisting of 7,226 units of jewelry.2024 FISCAL YEAR FINANCIAL HIGHLIGHTSIFRS Annual Revenue of $25.8 million and Non-IFRS Adjusted Revenue of $30.5...

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Jo-Jo Capital Signs Letter of Intent With Placements Appalache Limitée to Acquire Up to a 100% Interest in the Baie-Johan-Beetz Project

Not for distribution to U.S. news wire services or dissemination in the United States TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Jo-Jo Capital Canada Ltd. (Exchange: JOJO.P:CC) (“Jo-Jo” or the “Company”) is pleased to announce that it has entered into a non-binding letter of intent (the “LOI”) dated April 23, 2025 and fully executed on April 26th, 2025, with Placements Appalache Limitée (“PAL”), a privately owned Canadian company, established in the province of Québec since 1966. PAL has exclusive mining rights over High Purity Quartz deposits on the banks of the St-Lawrence gulf, situated at Baie-Johan-Beetz, Quebec. Pursuant to the LOI, Jo-Jo and PAL (the “Parties” or individually as a “Party”) intend to enter into an arm’s length business combination transaction (the “Transaction”) intended to constitute a Qualifying Transaction...

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Li Auto Inc. April 2025 Delivery Update

BEIJING, China, April 30, 2025 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 33,939 vehicles in April 2025, representing a year-over-year increase of 31.6%. As of April 30, 2025, Li Auto’s cumulative deliveries reached 1,260,675. Li Auto has remained the sales champion for SUVs priced above RMB200,000 over the past three consecutive quarters, maintaining the highest market share in both the RMB200,000 to RMB300,000 and RMB300,000 to RMB400,000 large SUV markets as well as the RMB400,000 to RMB500,000 full-size SUV market. This achievement was driven by the segment-leading sales performance of its Li L series models. Li Auto officially launched Li MEGA Home, the new Li MEGA Ultra, and the new Li L6 at Auto Shanghai...

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BIGG Digital Assets Inc. Reports Audited Financial Results for 2024

VANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (TSXV: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero reports its fiscal 2024 financial results. All figures are in Canadian Dollars (CAD) unless otherwise noted. 2024 Highlights:Gross operating revenue of $12.43M (2023 – $6.5M), comprising $10.56M for Netcoins, $1.67M for Blockchain Intelligence Group and $0.2 for TerraZeroNetcoins revenues were $10.56M (2023 – $4.99M), up 112% year over year (YoY), and its margin rate was down at 1.26% (2023 – 1.82%) based on gross trading volume of $831M (2023 – $288M)Q4 2024 transactional revenues increased by 112% over Q3 2024 and 106% over the comparative...

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Kelso Technologies Inc. Financial Results for the Three Months Ended March 31, 2025

WEST KELOWNA, British Columbia and BONHAM, Texas, April 30, 2025 (GLOBE NEWSWIRE) — Kelso Technologies Inc. (“Kelso” or the “Company”),(TSX: KLS) reports that the Company has released the unaudited interim consolidated financial statements and Management Discussion and Analysis for the three months ended March 31, 2025. The unaudited interim consolidated financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). All amounts herein are expressed in United States dollars (the Company’s functional currency) unless otherwise indicated. The Company’s unaudited interim consolidated financial statements and MD&A for the three months ended March 31, 2025 were approved by the Board of Directors on April 30, 2025. HIGHLIGHTS:Kelso...

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Aimfinity Investment Corp. I Announces Transition from Nasdaq to OTC Markets and New Monthly Extension for Business Combination

Wilmington, DE, April 30, 2025 (GLOBE NEWSWIRE) — Aimfinity Investment Corp. I (the “AIMA”) (Nasdaq: AIMAU), a special purpose acquisition company, today announced that, as anticipated, AIMA received a notice from The Nasdaq Stock Market LLC (“Nasdaq” or the “Exchange”), stating that in accordance with Nasdaq rules, its securities will be delisted from the Exchange. At the open of trading on Monday, May 5, 2025, AIMA’s securities will be suspended on Nasdaq and are expected to begin trading on the OTC Markets under the tickers “AIMAU,” “AIMBU,” and “AIMAW”, for its units, new units and warrants, respectively. AIMA’s previously announced business combination (the “Business Combination”) with Docter Inc. (“Docter”), a Taiwanese health technology company, which received shareholder approval on March 27, 2025, will not...

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