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Day: May 7, 2025

Western Forest Products Inc. Announces Results of Annual General and Special Meeting of Shareholders

VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announces the following voting results in respect of its Annual General and Special Meeting of Shareholders (the “Meeting”) held today. Election of Directors Western’s shareholders voted today to re-elect the following directors to Western’s Board of Directors:Name of Nominee Votes For % For Votes Against % AgainstLaura A. Cillis 171,838,840 82.50% 36,442,275 17.50%Steven Hofer 171,680,362 82.43% 36,600,753 17.57%Randy Krotowski 164,311,319 78.89% 43,969,796 21.11%Fiona Macfarlane 168,413,599 80.86% 39,867,516 19.14%Noordin Nanji 137,069,394 65.81% 71,211,721 34.19%Daniel Nocente 166,793,508 80.08% 41,487,607 19.92%Peter Wijnbergen 172,576,370 82.86% 35,704,745 17.14%         As...

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Significant intercepts of gold and copper show Golden Eye emerging as a highly promising new resource prospect

Highest grade result to date of 60.8g/t AuEq over 0.4m (51.3g/t Au, 7.2%Cu & 18.0g/t Ag) with mineralisation open; Plus, assays pending from additional holes Chibougamau Copper-Gold Project, Canada HIGHLIGHTS:Gold intersected in two zones within one hole; results include:7.4m @ 5.7g/t AuEq (4.6g/t Au, 0.9% Cu & 5.6g/t Ag) from 405.6m, including 3.1m @ 9.6g/t AuEq (7.4 g/t Au, 1.6% Cu & 10.0g/t Ag) (LDR-25-08) 2.9m @ 10.2g/t AuEq (8.3g/t Au, 1.4% Cu and 3.3g/t Ag) from 463.8m, including 0.4m @ 60.8g/t AuEq (51.3g/t Au, 7.2%Cu & 18.0g/t Ag) (visible gold) (LDR-25-08)First results of the drill program returned 3.3m @ 6.6g/t Au, including 2.3m @ 9.1 g/t Au (LDR-25-05) (see TSXV/ASX announcement dated 16/17 April 2025) Golden Eye has never been mined and was last drilled in the early 1990s when gold was less than...

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Athabasca Oil Announces 2025 First Quarter Results Highlighted by 63% Growth in Funds Flow Per Share and Strong Operational Execution Driving a Robust Return of Capital Program

CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its first quarter results highlighted by strong operational execution driving robust return of capital with the full completion of its second annual share buyback program. The Company is in an enviable position to weather market volatility with low corporate break-evens, long-life assets and a pristine balance sheet. Q1 2025 Consolidated Corporate ResultsProduction: Average production of 37,714 boe/d (98% Liquids), representing 13% (24% per share) growth year over year. Cash Flow: Adjusted Funds Flow of $130 million ($0.25 per share), representing 63% per share growth year over year. Cash Flow from Operating Activities of $123 million. Free Cash Flow of $71 million from Athabasca (Thermal...

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The Future Is Golden at Grey Fox

New Results Continue to Build on Resource Size12.4 g/t gold over 10.7 m including 27.9 g/t gold over 4.5 m Discovery of a New Exploration Corridor at Depth6.2 g/t gold over 7.8 m CW and 4.4 g/t gold over 16.0 m CW Exploration Driving Production Growth for the Future TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce an update on activity at the Fox Complex’s Grey Fox Project. Included in this press release are some of the best drill results we have seen from Gibson. Additionally, drilling has identified a new exploration corridor at depth, successfully refining our previous knowledge and interpretation of the gold bearing structures at Grey Fox. The current resource at Grey Fox consists of 1,538,000 gold ounces at 3.64 g/t Indicated and 458,000 gold ounces at 3.30 g/t Inferred...

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Rubicon Organics Announces Closing of Private Placement Offering under the Listed Issuer Financing Exemption

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis products, is pleased to announce it has closed its previously announced non-brokered private placement offering under the listed issuer financing exemption (the “Exemption”) under Part 5A of National Instrument 45-106 Prospectus Exemptions (“NI 45-106”) of 10,227,265 units of the Company (each, a “Unit”) at a price of $0.44 per Unit for aggregate gross proceeds of approximately $4,500,000 (the “Offering”). Each Unit shall consist of one common share in the authorized share structure of the Company...

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Swiss Water Reports First Quarter 2025 Results

VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX:SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three months ended March 31, 2025. All amounts are expressed in Canadian dollars unless otherwise stated. First Quarter 2025 HighlightsQ1’25 processed volumes grew 6% over Q1’24; Revenue of $62.3 million, an increase of 61% over Q1’24; Gross Profit of $7.3 million, an increase of 42% over Q1’24; Net Income of $0.5 million, an increase of $1.4 million over Q1’24; Adjusted EBITDA of $2.0 million, a decrease of 28% versus Q1’24; The NY’C’ coffee futures price for Arabica coffee remained volatile during Q1’25, peaking at US$4.25/lb in February. During Q1’25, the NY’C’ averaged...

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Osisko Development Announces Results of Shareholders’ Meeting

MONTREAL, May 07, 2025 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) announces the results of its annual and special meeting of shareholders of the Company (the “Meeting“) held on May 7, 2025. A total of 80,489,188 common shares were voted at the Meeting, representing approximately 58.9% of the total issued and outstanding common shares of the Company as of the record date of the Meeting. A summary of the results for the items voted at the Meeting are as follows: 1. Election of Directors Each of the directors listed as nominees in Osisko Development’s Management Information Circular (the “MIC“) dated March 26, 2025, was elected to the board of directors of the Company to serve for the ensuing year or until their successors...

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Pieridae Releases Q1 2025 Financial and Operating Results

Production Reactivation, Strong Cash Flow and Hedge Monetization Drive Lower Debt NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its first quarter 2025 financial and operating results. The Company produced 22,584 boe/d and generated Net Operating Income1 (“NOI”) of $32.6 million during the first quarter of 2025. Management’s discussion and analysis (“MD&A”) and unaudited interim condensed consolidated financial statements and notes for the quarter ended March 31, 2025 are available at www.pieridaeenergy.com and on SEDAR+ at www.sedarplus.ca. “Pieridae continues building momentum this quarter with strong financial results driven, in part, by proactive...

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Black Hills Corp. Reaffirms 2025 Earnings Guidance and Reports 2025 First-Quarter Results

Reaffirms 2025 earnings guidance range of $4.00 to $4.20 per share with strong confidence in 4-6% EPS growth rate outlook Obtained all rights-of-way for 260-mile electric transmission expansion in Wyoming that will provide long-term cost stability for customers and enable growth Served new all-time peak load at Wyoming Electric, reflecting an increase of nearly 10% over 2024, driven by data center and blockchain growth Seeking $35 million of new annual revenues in Nebraska to continue providing reliable service for customers Wildfire legislation enacted in Wyoming protects utilities from liability for damages when following commission-approved wildfire mitigation plansRAPID CITY, S.D., May 07, 2025 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter ending March 31, 2025....

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The Keg Royalties Income Fund Announces First Quarter 2025 Results

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended March 31, 2025 (the “quarter”). HIGHLIGHTSRoyalty Pool Sales(1) up 6.9% to $193.8 million for the quarter KRL Average Sales per Operating Week(1) up 7.5% to $144,000 per Operating Week(1) for the quarter KRL Same Store Sales(1) up 9.2% for the quarter Distributable Cash(1) down 10.9% to $0.365/Fund unit for the quarter Paid a special cash distribution of $0.04/Fund unit on January 31, 2025 Payout Ratio(2) was up to 77.7% for the quarterRoyalty Pool Sales reported by the 104 Keg restaurants in the Royalty Pool(1) were $193,776,000 for the first quarter of 2025, an...

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