Day: May 8, 2025

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) — TSX: SHLE Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three months ended March 31, 2025. Q1 2025 PERFORMANCE HIGHLIGHTS Key achievements for the quarter ended March 31, 2025 include the following:realized record sand sales volumes of 1,041,223 metric tonnes (“MT”) and sand revenue of $162.9 million, an increase of $29.9 million or 22% from the first quarter of 2024; generated total revenue of $208.6 million, a $39.0 million increase from the first quarter last year; realized gross margin of $36.8 million and Adjusted Gross Margin(1) of $46.2 million, increases of 3% and 7%, respectively, when compared to the three months ended March 31, 2024; reported net income of $23.6 million, an increase of $21.7 million from...

OAK RIDGE, N.C., May 08, 2025 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for the first three months of 2025 and an increase of $0.02, or 17%, in its quarterly cash dividend to $0.14 per common share. First Quarter 2025 HighlightsEarnings per share were $0.57, up from $0.56 in the fourth quarter of 2024 and $0.50 in the first quarter of 2024. Return on equity of 10.04%, compared to 9.63% for the prior quarter and 9.31% for the first quarter of 2024. Net Income was $1.6 million, up from $1.5 million in the fourth quarter of 2024 and $1.4 million in the first quarter of 2024. Tangible book value per common share of $23.50 as of period end, compared to $23.02 at the end of the prior...

SAN DIEGO, May 08, 2025 (GLOBE NEWSWIRE) — Turnstone Biologics Corp. (“Turnstone” or the “Company”) (Nasdaq-CM: TSBX), a biotechnology company historically focused on the development of a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte (“Selected TIL”) therapy, today reported financial results for the first quarter ended March 31, 2025, and provided recent corporate updates. Corporate Updates In January 2025, Turnstone made the determination to discontinue all TIDAL-01 clinical studies and halted further development of the program. As a result, the Company initiated a process to explore a range of potential strategic alternatives focused on maximizing shareholder value. Turnstone continues to evaluate strategic alternatives and will provide additional updates...

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months ended March 31, 2025. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices (“C$”) where indicated and otherwise noted. Highlights for the three months ended March 31, 2025The Corporation’s natural gas and liquefied natural gas (“LNG”) operating netback increased 12% to $5.48 per Mcf for the three months ended March 31, 2025 compared to $4.90 per Mcf for the same period in 2024. The increase is due to an increase in average sales prices, net of transportation expenses.Adjusted EBITDAX decreased 8% to $56.3 million for the three months ended March 31, 2025, compared...

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the first quarter ended March 31, 2025. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR+ and on MAXIM’s website on May 8, 2025. All figures reported herein are Canadian dollars unless otherwise stated. FINANCIAL HIGHLIGHTS  Three Months EndedMarch 31,($ in thousands except per share amounts) 2025 2024Revenue 20,253 34,768Net income 3,266 10,487Earnings per share – basic 0.05 0.21Earnings per share – diluted 0.05 0.18Adjusted EBITDA (1) 5,236 15,922Total generation – (MWh) 413,031 476,531Total...