Day: May 29, 2025

Pan American Energy Announces Debt Settlement Transactions

Written by Customer Service on May 29, 2025. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, May 29, 2025 (GLOBE NEWSWIRE) — Pan American Energy Corp. (CSE: PNRG | FRA: SS60) (“Pan American” or the “Company”) announces that it has entered into debt settlement agreements with certain creditors of the Company (the “Creditors”) pursuant to which the Company has agreed to issue to the Creditors, and the Creditors have agreed to accept, an aggregate of 2,205,841 common shares in the capital of the Company (the “Settlement Shares”), at a deemed value of $0.20 per Settlement Share, in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of $441,168.50 (the “Debt Settlement Transactions”). All securities to be issued pursuant to the Debt Settlement Transactions will be subject...

Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the three months ended March 31, 2025

Written by Customer Service on May 29, 2025. Posted in Earnings Releases And Operating Results.

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the three months ended March 31, 2025. The statements together with the Management Discussion and Analysis can be found on the Company’s SEDAR+ profile at www.sedarplus.ca. About Automotive Finco Corp. Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance Limited Partnership, the Company may also pursue other direct investments and...

ReconAfrica Announces First Quarter Filings and Corporate Update

Written by Customer Service on May 29, 2025. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 29, 2025 (GLOBE NEWSWIRE) — Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces the filing of its fiscal first quarter disclosure documents for the three-month period ended March 31, 2025, including the unaudited consolidated financial statements and Management’s Discussion and Analysis (“MD&A”), which are available on SEDAR+ at www.sedarplus.ca . Brian Reinsborough, President and CEO of the Company commented: “ReconAfrica continues to move Prospect I toward spud and management remains excited about this exploration target, which is our largest prospect to be drilled to date. On trend with the Naingopo and Prospect I locations, the Company recently gained access to over five million acres in Angola,...

Osisko Development to Complete Third Deferred Payment Installment in Connection with the Tintic Acquisition; Engages Resource Stock Digest

Written by Customer Service on May 29, 2025. Posted in Mergers And Acquisitions.

MONTREAL, May 29, 2025 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) announces that, in accordance with the terms of the Company’s previously-completed acquisition in May 2022 of a 100% ownership interest in the Tintic Project, located in Utah, U.S.A., (the “Tintic Acquisition“), the Company intends to satisfy the third of five deferred payments (the “Third Deferred Payment“) to certain sellers of the Tintic Project (the “Sellers“) in common shares of the Company (“Common Shares“). The Third Deferred Payment of US$2,500,000 (or C$3,432,750 based on a USD/CAD exchange rate of 1.3731) is expected to be paid entirely in Common Shares at a deemed price of C$2.5082 per Common Share (based on the...

Kane Biotech Announces First Quarter 2025 Financial Results

Written by Customer Service on May 29, 2025. Posted in Earnings Releases And Operating Results.

WINNIPEG, Manitoba, May 29, 2025 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX-V:KNE) (“Kane Biotech”, “Kane” or the “Company”) today announces its first quarter 2025 financial results. First Quarter 2025 Financial Highlights (Comparatives Exclude Discontinued STEM Animal Health “STEM” Operations):Total revenue for the three months ended March 31, 2025 was $412,513 compared to $51,886 in the three months ended March 31, 2024. Revenue in the current quarter consists primarily of contract animal health manufacturing revenue for Dechra Veterinary Products, Inc. Gross profit for the first quarter of 2025 was $42,447, compared to a gross profit of $40,051 for the first quarter of 2024. Total operating expenses for the three months ended March 31, 2025 were $1,203,505 compared to $1,228,153 for the three months ended March 31, 2024. Net...

Verizon Dominates Indy 500 Data Connectivity

Written by Customer Service on May 29, 2025. Posted in Public Companies.

Verizon sees more data usage on race day than any other U.S. event in 2025 INDIANAPOLIS, May 29, 2025 (GLOBE NEWSWIRE) — The 2025 Indianapolis 500 race set a new milestone for data usage and connection at the Indianapolis Motor Speedway on the Verizon network. In just one day, inside the Indianapolis Motor Speedway, a total of 172 terabytes (TB) of data was used on the Verizon network, more than we’ve ever seen on the network at this race and one of the highest data usage events Verizon has ever recorded. “Connecting a city’s worth of fans at the Indy 500, with more unique users than the Super Bowl had attendees, is a massive undertaking, putting unprecedented demand on wireless networks. We had more data running on our network than any previous NFL draft, and nearly twice the data of any Super Bowl in recorded history. The work...

Magnera to Present at the 2025 Wells Fargo Industrials & Materials Conference

Written by Customer Service on May 29, 2025. Posted in Public Companies.

CHARLOTTE, N.C., May 29, 2025 (GLOBE NEWSWIRE) — Magnera Corporation (NYSE: MAGN) today announced they will attend the 2025 Wells Fargo Industrials & Materials Conference in Chicago, Illinois. Magnera CEO, Curt Begle, and CFO & Treasurer, Jim Till, will present at the conference during a fireside chat on Wednesday, June 11th, 2025, at 3:45 p.m. CT. 1×1 meetings with institutional investors will take place June 11-12, 2025. A live webcast of the presentation will be available on the company’s website at: https://event.webcasts.com/viewer/event.jsp?ei=1722878&tp_key=7dce9f81d5 About MagneraMagnera Corporation (NYSE: MAGN) serves 1,000+ customers worldwide, offering a wide range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction...

ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2025

Written by Customer Service on May 29, 2025. Posted in Earnings Releases And Operating Results.

TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and nine months ended March 31, 2025. As at March 31, 2025, the Company had cash, investments and digital assets of $37.4 million. As at March 31, 2025, net asset value per share was $0.53 as compared to $0.86 as at June 30, 2024. (See “Use of Non-GAAP Financial Measures” elsewhere) Financial Highlights for the three and nine months ending March 31, 2025 with comparatives:Operating Results Three months ended March 31, Nine months ended March 31, 2025 2024 2025 2024 Net investment...

Volatus Releases Q1 2025 Financial Results

Written by Customer Service on May 29, 2025. Posted in Earnings Releases And Operating Results.

Generated revenue of $5,713,158 in Q1 2025 Achieved 30% EBITDA improvement over Q1 2024 Continuation of optimization efforts post Volatus and Drone Delivery Canada merger of equals Subsequent to quarter end, closed $3,000,000 fully subscribed LIFE Offering Subsequent to quarter end, announced closing of shares for debt transaction of $2,646,000 and an additional $446,400, strengthening balance sheet Volatus will host a webinar and live Q&A on Monday, June 2, 2025, at 8 am ET (see registration link below).TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV:FLT) (OTCQB:TAKOF) (Frankfurt:A3DP5Y/ABBA.F) (“Volatus” or “the Company”), a leader in aerial solutions, is pleased to announce its financial results for the three months ended March 31, 2025 (Q1 2025). All dollar figures are stated...

Femasys Announces Proposed Public Offering of Common Stock and Concurrent Private Placement

Written by Customer Service on May 29, 2025. Posted in Public Companies.

ATLANTA, May 29, 2025 (GLOBE NEWSWIRE) — Femasys Inc. (NASDAQ: FEMY) (the “Company” or “Femasys”), a leading biomedical innovator addressing significant unmet needs in women’s health worldwide, with a broad portfolio of disruptive, accessible, in-office therapeutic and diagnostic products, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. In addition, Femasys expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the public offering. In addition, certain existing institutional stockholders of Femasys and certain of its directors and officers have indicated an interest to purchase shares of common stock in a concurrent private placement. All of the securities in the public offering and private placement...

Day: May 29, 2025

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