Day: May 13, 2025

Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement of Up to CDN$500,000

Written by Customer Service on May 13, 2025. Posted in Public Companies.

**Not for distribution to United States Newswire Services or release publication, distribution or dissemination, directly or indirectly, in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws** CALGARY, Alberta and TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC) (“Magnetic North” or the “Company”) announces that it intends to complete a non-brokered private placement (the “Offering”) consisting of unsecured, interest-bearing promissory notes for gross proceeds of up to ‎CAD$500,000 (the “Offering”). Interest at ten percent (10.0%) plus, under certain circumstances, bonus interest will be payable on the Offering. The Term of the Offering will be sixty (60) days from date of Closing of each tranche. Each promissory note will have a...

The Keg Royalties Income Fund Announces Trustee Election Results for its 2025 Unitholder Meeting

Written by Customer Service on May 13, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce that all of the nominees listed in its information circular dated March 31, 2025 were elected as trustees of the Fund at its annual meeting of unitholders held on May 13, 2025 (the “Meeting”). The results of the voting for each nominee are as follows:NomineeVotes For Votes WithheldNo. % No. %Christopher Charles Woodward 8,173,330 93.26 % 590,798 6.74 %Tim Kerr 8,299,010 94.69 % 465,118 5.31 %In addition, the Fund reports that the appointment of KPMG LLP as the Fund’s auditors for the 2025 fiscal year was passed by a majority of the votes represented at the Meeting. About The Keg Royalties Income Fund The Fund is a limited purpose, open-ended trust established under the...

Capital Power Announces Pricing of US$1.2 Billion of Senior Notes

Written by Customer Service on May 13, 2025. Posted in Public Companies.

EDMONTON, Alberta, May 13, 2025 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today the pricing of a private offering of US$700 million aggregate principal amount of 5.257% senior notes due 2028 (the “2028 Notes”) and US$500 million aggregate principal amount of 6.189% senior notes due 2035 (the “2035 Notes” and, collectively, the “Notes”) to be issued by Capital Power (US Holdings) Inc., a U.S. wholly-owned subsidiary of the Company. The Notes will be guaranteed on the issue date by the Company and the Company’s subsidiaries that guarantee the Company’s revolving credit facilities. The offering is expected to close on or about May 28, 2025, subject to customary conditions. The Company intends to use the net proceeds from the offering to fund a portion of the purchase price...

Anteris Announces Results for the First Quarter of 2025

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

MINNEAPOLIS and BRISBANE, Australia, May 13, 2025 (GLOBE NEWSWIRE) — Anteris Technologies Global Corp. (Anteris or the Company) (NASDAQ: AVR, ASX: AVR) a global structural heart company committed to designing, developing, and commercializing cutting-edge medical devices to restore healthy heart function, today reported financial results for the quarter ended March 31, 2025, and provided a corporate update. First Quarter 2025 HighlightsInvestigational Device Exemption (“IDE”) for the DurAVR® THV’s global, pivotal clinical trial (the “PARADIGM Trial”), submitted to the FDA during the First Quarter Scale up for commencement of the PARADIGM Trial ongoing – including expanding the Clinical Specialist Team and contracting with planned centers in the U.S., Canada and Europe Clinical milestone of 100 patients successfully treated with...

Titanium Transportation Group Reports 7.5% YoY Revenue Growth and Further Debt Reduction in Spite of Market Challenges

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

Consolidated revenue for Q1 2025 improved 7.5% year-over-year, to $121 million. Logistics revenue increased 17.6% year-over-year, driven by 9% volume growth, highlighting continued customer wins and the scalability of Titanium’s asset-light model. Strategic divestiture of non-core assets generated $1.7 million in proceeds, contributing to a stronger balance sheet with $10.7 million reduction in loans and lease liabilities, enhancing financial flexibility. Quarter-end cash totaled $18.3 million, up from $4.3 million at December 31, 2024. Expanded US logistics footprint to nine locations with new brokerage office in Irving, TX.BOLTON, Ontario, May 13, 2025 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF), a leading provider of transportation and...

TWFG Announces First Quarter 2025 Results

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

THE WOODLANDS, Texas, May 13, 2025 (GLOBE NEWSWIRE) — – Total Revenues increased 16.6% for the quarter over the prior year period to $53.8 million –– Total Written Premium increased 15.5% for the quarter over the prior year period to $371.0 million –– Organic Revenue Growth Rate* of 14.3% for the quarter –– Net income of $6.9 million for the quarter –– Adjusted EBITDA* increased 35.3% for the quarter over the prior year period to $12.2 million – THE WOODLANDS, Texas, May 13, 2025 (GLOBE NEWSWIRE) – TWFG, Inc. (“TWFG”, the “Company” or “we”) (NASDAQ: TWFG), a high-growth insurance distribution company, today announced results for the first quarter ended March 31, 2025. First Quarter 2025 HighlightsTotal revenues for the quarter increased 16.6% to $53.8 million, compared to $46.1 million in the prior year period Commission income...

NanoXplore Reports Results for its Q3-2025

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

MONTREAL, May 13, 2025 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or “the Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, reported today financial results for the three-month and nine-month periods ended March 31, 2025. All amounts in this press release are in Canadian dollars, unless otherwise stated. Key Financial Highlights Q3-2025Total revenues of $30,446,165 compared to $33,867,747 last year, representing a 10% decrease; Adjusted gross margin(1) on revenues from customers of 22.4% compared to 20.9% last year; Loss of $1,747,714 compared to $3,089,430 last year; Adjusted EBITDA(2) of $1,420,555 compared to $571,968 last year; Adjusted EBITDA(2) of $1,318,149 compared to $1,259,990 last year for the Advanced Materials, Plastics and Composite Products segment; Adjusted EBITDA(2) of $102,406...

Liberty Gold Reports Q1 2025 Financial and Operating Results

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the quarter ended March 31, 2025. All amounts are presented in United States dollars unless otherwise stated. FIRST QUARTER OF 2025 AND RECENT HIGHLIGHTSOn April 22, 2025, the Company closed a bought deal financing (the “2025 Bought Deal”)1, whereby the Underwriters purchased, on a bought-deal basis, 69,699,200 Common Shares, at a price of C$0.33 per Unit, for gross proceeds of C$23,000,736. Each Unit consists of one common share of the Company (“Common Share”) and one-half of one common share purchase warrant of the Company (each whole common share purchase warrant, a “Warrant”). Each Warrant entitles the...

Alico, Inc. Announces Financial Results for the Second Quarter Ended March 31, 2025

Written by Customer Service on May 13, 2025. Posted in Dividend Reports And Estimates.

Company Executing Strategic Transformation to Become Diversified Land Company; Concludes the Majority of its Capital Investment on Citrus Operations After Completion of the Fiscal Year 2025 Harvest in April 2025 Company Raises Land Sales Outlook to Potentially Exceed $50 million for Fiscal Year 2025 Expanded Financial Guidance Now Includes Cash Balance, Net Debt and Adjusted EBITDA Targets for Fiscal Year 2025 Robust Liquidity Position with $14.7 million in Cash and Cash Equivalents, $88.5 million in Available Credit Facilities and No Significant Debt Maturities Until 2029 FORT MYERS, Fla., May 13, 2025 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the second quarter ended March 31, 2025. Management Comments John Kiernan, President and Chief Executive...

Scientific Industries Reports Financial Results for First Quarter of Fiscal Year 2025

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

BENCHTOP LAB EQUIPMENT SALES UP 5% FIRST PEER-REVIEWED PUBLICATION ON COMPANY’S DOTS MPS BIOPROCESSING PLATFORM RECORD NUMBER OF BIOPROCESSING SALES OPPORTUNITIES Investor Call to be held Wednesday, May 14th at 11:00 a.m. Eastern Time BOHEMIA, N.Y., May 13, 2025 (GLOBE NEWSWIRE) — Scientific Industries, Inc. (OTCQB: SCND), a life sciences tool provider, and a developer of digitally simplified bioprocessing products, yesterday reported financial results for the three-month period ended March 31, 2025. Business Highlights:Secured $1.5 million equity financing subsequent to quarter-end Reported a decreased loss from operations Benchtop Lab Equipment Operations revenues increased 5% compared to same period last year The Company began shipping the Company’s VIVID WORKSTATION DOTS MPS Platform was validated by prestigious lab in a...

Day: May 13, 2025

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