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Day: May 14, 2025

Prairie Provident Resources Announces Successful Basal Quartz Drilling Program and First Quarter 2025 Results

CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) is pleased to announce strong production results from its three-well Basal Quartz (“BQ”) horizontal drilling program in the Michichi area of Central Alberta during the first quarter of 2025. The Company also announces financial and operating results for the first quarter ended March 31, 2025. SUCCESSFUL RESULTS FROM BASAL QUARTZ DRILLING PROGRAM The Company successfully drilled and completed three BQ horizontal wells that are now all on production. The wells were executed within budget and continue to demonstrate the high-quality geological and reservoir characteristics of the Michichi BQ play. The following table summarizes the initial production (“IP”) rates and key operational details...

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PyroGenesis Announces First Quarter 2025 Results

MONTRÉAL, May 13, 2025 (GLOBE NEWSWIRE) — PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX:PYR) (OTCQX:PYRGF) (FRA:8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, today announces its financial and operating results for the first quarter ended March 31, 2025. “With a very strong project backlog, the beginning of major long-term energy transition customer collaborations underway, and some important project/contract milestones on the near-term horizon across several business lines including titanium metal and silica powder production, aluminum dross processing, and plasma burners in high temperature furnaces,...

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Belite Bio Reports First Quarter 2025 Financial Results and Provides Corporate Update

Following a pre-specified interim analysis, an independent Data Safety Monitoring Board (DSMB) recommended the pivotal Phase 3 trial (DRAGON) of Tinlarebant in adolescent Stargardt disease (STGD1) patients proceed without any modification; trial completion expected Q4 2025 (including a three-month follow-up period) DSMB also recommended the Company submit the interim data for further regulatory review for drug approval A pivotal global Phase 3 trial (PHOENIX) of Tinlarebant in geographic atrophy (GA) patients is ongoing with 464 of targeted 500 subjects enrolled Raised $15 million in gross proceeds in a registered direct offering on February 5, 2025 Conference call and webcast on Wednesday, May 14, 2025, at 4:30 p.m. ETSAN DIEGO, May 13, 2025 (GLOBE NEWSWIRE) — Belite Bio, Inc (NASDAQ: BLTE), a clinical-stage biopharmaceutical...

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Discovery Reports First Quarter 2025 Financial Results

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three months (“Q1 2025”) ended March 31, 2025. All figures are stated in Canadian dollars unless otherwise noted. Tony Makuch, Discovery’s CEO, commented: “Q1 2025 was a breakout quarter for Discovery. On January 27, 2025, we announced the transformational acquisition of the Porcupine Complex (“Porcupine Operations” or “Porcupine”) in and near Timmins, Ontario. Through this acquisition, we have established our company as a new Canadian gold producer with substantial potential for growth in one of the world’s most prolific gold camps. The acquisition provides Discovery with valuable diversification by combining growing gold production in Canada with our Cordero project...

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Northland Power Reports First Quarter 2025 Results

Oneida commenced operations. Baltic Power and Hai Long projects continue to make construction progress. TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) reported today financial results for the three months ended March 31, 2025. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “We are pleased with the progress on our construction projects, which achieved significant milestones over the quarter, including the delivery of the Oneida energy storage project into commercial operations ahead of time and under budget and the installation of Hai Long’s first wind turbine,” said Christine Healy, Northland’s President and CEO. “Our offshore wind facilities experienced the lowest wind resource in years, leading...

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