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Month: May 2025

U.S. Global Investors Reports Results for the Third Quarter of 2025 Fiscal Year, Initiates Strategy to Increase Its Investment in the Bitcoin Ecosystem

SAN ANTONIO, May 08, 2025 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm1 with longstanding experience in global markets and specialized sectors, today reported operating revenues of $2.1 million and a net loss of $382,000, or $0.03 per share, for the quarter ended March 31, 2025. As of March 31, 2025, total assets under management (AUM) were approximately $1.2 billion, compared to approximately $1.5 billion at December 31, 2024. “Stock valuations underwent extraordinary pressure and volatility in the March quarter as the new administration’s high-tariff trade policies rattled global markets,” says Frank Holmes, the Company’s CEO and chief investment officer. “We’re proud to offer strategies that have historically helped investors preserve their wealth...

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Vital Battery Metals Announces Acquisition of Corvo Uranium Project & Closing of Financing

Highlights:More than 29 km of exploration strike length along three strong NE-SW magnetic low trends coinciding with EM conductors and cross-cutting faults, providing highly prospective shallow drill targets. Uranium mineralization is present along a strike length of 800 metres between historical drill holes TL-79-3 (0.057% U3O8 over 3.5 m) and TL-79-5 (0.065% U3O8 over 0.1 m) on the Project (defined below), in addition to the Manhattan Showing with historical results of 59,800 ppm U at surface1. High-resolution geophysical survey – A modern time domain electromagnetic (“TDEM”) survey was recently completed, upgrading drill targets through the definition of the three main conductor trends. The Company is in a strong financial position to explore its projects in the coming 2025 exploration season with the closing of over $1,000,000 CAD.VANCOUVER,...

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Koss Corporation Reports Third Quarter Results

MILWAUKEE, May 08, 2025 (GLOBE NEWSWIRE) — Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the third quarter ended March 31, 2025. Net sales for the three months ended March 31, 2025 were $2,781,006 compared to $2,637,606 for the same three-month period in the prior year, an increase of $143,400, or 5.4%. The net loss for the third quarter ended March 31, 2025 was $316,742 compared to a net loss of $313,780 for the third quarter of the prior fiscal year. Basic and diluted net loss per common share for the third quarter of fiscal years 2025 and 2024 was $0.03. For the nine months ended March 31, 2025, net sales $9,539,960, an increase of $168,292, or 1.8%, over the net sales of $9,371,668 for the comparable period in the prior year. The net loss of $642,135...

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Lassonde Industries Inc. announces its Q1-2025 results

ROUGEMONT, Quebec, May 08, 2025 (GLOBE NEWSWIRE) — Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde” or the “Corporation”) today announced its financial results for the first quarter of 2025. Financial Highlights:  First quarters endedMarch 29,2025 March 30,2024 Δ(in millions of dollars, unless otherwise indicated) $ $ $Sales 699.7   569.8   129.8  Gross profit 183.2   149.6   33.6  Operating profit 42.7   34.6   8.1  Profit 23.8   23.7   0.1  Attributable to:Corporation’s shareholders 24.5   23.8   0.7  Non-controlling interests (0.7 ) (0.1 ) (0.6 )EPS (in $) 3.60   3.49   0.11  Weighted average number of shares outstanding (in thousands) 6,822   6,822   –  Adjusted EBITDA1 71.5   52.4   19.1  Adjusted EPS1 (in $) 4.00   3.68   0.32  Note: These are financial highlights only. Management’s...

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Athabasca Oil Corporation Announces Results from 2025 Annual Shareholder Meeting

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 8, 2025 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at eight, electing eight proposed director nominees and the appointment of Ernst & Young LLP as auditors. The results of the voting, inclusive of all votes cast and proxies received for each director nominee, which was conducted by ballot, are as follows:Nominee Votes For Votes WithheldNo. % No. %Ronald Eckhardt 281,658,153 99.1 2,612,876 0.9Angela Avery 282,469,547 99.4 1,801,482 0.6Bryan Begley 275,896,264 97.1 8,374,765 2.9Robert Broen 283,592,923 99.8 678,106 0.2John...

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Security National Financial Corporation Announces Q1 Earnings Call

SALT LAKE CITY, May 08, 2025 (GLOBE NEWSWIRE) — Security National Financial Corporation (NASDAQ: SNFCA) announces that on May 15, 2025, it will hold an earnings call to highlight its 1st Quarter earnings. The 30-minute call will commence at approximately 1PM (MDT) on May 15th and will include a review of Q1 results as well as an update from the Company’s three business segments. If time permits, the presenters will also answer questions by any participants. Shareholders may access the earnings call by clicking the link below: https://investor.securitynational.com/news-and-events/events-and-presentations The earnings call can also be accessed directly from the Company’s website under “Events” on the Investor Relations page. This press release contains statements that, if not verifiable historical fact, may be viewed as forward-looking...

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Portman Ridge Finance Corporation Announces First Quarter 2025 Financial Results

Reports Net Investment Income of $0.47 Per Share and Net Asset Value of $18.85 Per Share Deployment of Approximately $17.5 Million and Sales and Repayments of Approximately $15.7 Million for Net Deployment of Approximately $1.8 Million Announces Second Quarter 2025 Quarterly Base Distribution of $0.47 Per Share Investors are Encouraged to Vote FOR the Acquisition of Logan Ridge Finance Corporation NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the first quarter ended March 31, 2025. First Quarter 2025 HighlightsTotal investment income for the first quarter of 2025 was $12.1 million, down from $14.4 million in the fourth quarter of 2024, due to the reversal of previously accrued income after a portfolio company...

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Sutro Biopharma Reports First Quarter 2025 Financial Results and Business Highlights

– Sharpened product candidate focus on its next-generation ADC portfolio, following strategic review and pipeline reprioritization – – Promising preclinical results with STRO-004 and dual-payload ADC, as well as STRO-006 programs presented at AACR 2025 and PEGS, respectively – – Three INDs for wholly-owned programs anticipated in next 3 years, beginning with potential best-in-class Tissue Factor ADC, STRO-004, planned for 2H 2025 – – IND-enabling toxicology study ongoing for one program within Astellas iADC collaboration, triggering $7.5 million milestone payment to Sutro – – Cash, cash equivalents and marketable securities as of March 31, 2025 of $249.0 million, with cash runway expected into early 2027, excluding additional anticipated milestones from existing collaborations – SOUTH...

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Silvercrest Asset Management Group Inc. Reports Q1 2025 Results

NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended March 31, 2025. Business Update Silvercrest experienced strong new client organic flows of $0.4 billion during the first quarter of 2025. The new assets under management (“AUM”) follow on the significant new client flows of $1.4 billion in the 4th quarter of 2024. Our first quarter’s new client account flows was in itself stronger than in some recent years. Silvercrest’s strategic investments continue to promote growth. The increases during the quarter bode well for future revenue, and we remain highly optimistic about securing more significant organic flows over the course of 2025, as we discussed during our last earnings call. Total...

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Alliance Entertainment to Host Third Quarter Fiscal Year 2025 Results Conference Call on May 15 at 4:30 p.m. Eastern Time

PLANTATION, Fla., May 08, 2025 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT), a premier distributor and fulfillment partner of entertainment and pop culture collectibles, will hold a conference call on Thursday, May 15, at 4:30 p.m. Eastern Time to discuss its results for the third quarter ended March 31, 2025. A press release detailing these results will be issued prior to the call. Alliance Entertainment Chief Executive Officer and Chief Financial Officer Jeff Walker and Chief Accounting Officer Amanda Gnecco will host the conference call, which will be followed by a question-and-answer session. A presentation will accompany the call and can be viewed during the webcast or accessed via the investor relations section of the Company’s website here. To access the call, please use the following information:Date: Thursday,...

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