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Month: May 2025

Red White & Bloom Brands Completes Transformative Restructuring, Announces Delay in Filing of Annual Financial Statements, and Granting of MCTO

TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) today announced the successful completion of a series of transactions designed to significantly reduce potential shareholder dilution, lower debt carrying costs, continue to refocus operations on profitable growth initiatives, and facilitate the filing of its financial statements through the filing of a Management Cease Trade Order (“MCTO”). Successful Completion of Debt Restructuring The Company’s Board of Directors and Executive Management, in collaboration with a majority of its strategic lenders, successfully completed a comprehensive restructuring of approximately C$145 million of issued and outstanding debt, as part of a larger debt renewal program, through the entering into of various debenture and note amending...

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Innovative Food Holdings, Inc. Announces Change in Independent Registered Public Accounting Firm

BROADVIEW, Ill., May 01, 2025 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of specialty foods to professional chefs, today announced a change in its independent registered public accounting firm. Effective April 28, 2025, Assurance Dimensions, LLC (“Assurance Dimensions”) resigned from its role as the Company’s auditor due to its decision to exit from providing audit services to publicly traded companies. Assurance Dimensions has served as the Company’s independent auditor for the fiscal years ended December 31, 2024, 2023, and 2022. During this period, Assurance Dimensions’ reports on the Company’s consolidated financial statements did not contain any adverse opinions or disclaimers and were not qualified or modified as to uncertainty, audit scope,...

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Aben Minerals Ltd. Receives Name Change Approval to Aben Gold Corp.

Vancouver, BC, May 01, 2025 (GLOBE NEWSWIRE) — Aben Minerals Ltd. (TSX-V: ABM) (OTCQB: ABNAF) (Frankfurt: R26) (“Aben” or “the Company”) announces change of name to Aben Gold Corp., effective at market open on Tuesday, May 6, 2025, as approved by the TSX Venture Exchange.The Company’s share capitalization and trading symbol will remain the same. The Company’s new CUSIP number is 00289A109 and the transfer agent of the Company continues to be Computershare Investor Services Inc. No action will be required by existing shareholders with respect to the name change. Shareholders holding share certificates of the Company can request a replacement certificate, however new certificates are not required and will not be automatically issued.On May 6, 2025, the website www.abengold.com will be active as the primary URL for the Company.As...

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Topicus.com Inc. Defers Release Date for First Quarter Results

TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Topicus.com Inc. (TSXV:TOI) (the “Company”) announced today that the release of its first quarter results will be rescheduled. The Company will defer the release of its results from the originally planned date of May 2, 2025 in order to allow the Company to finalize its analysis and accounting for certain Q1 2025 complex transactions impacting the condensed consolidated interim financial statements. The Company’s quarterly results are expected to be disseminated via press release and made available on the Company’s website (www.topicus.com) and SEDAR+, after markets close on Wednesday, May 7, 2025. About Topicus.com Inc. Topicus’ subordinate voting shares are listed on the Toronto Venture Stock Exchange under the symbol “TOI”. Topicus acquires, manages and builds vertical market...

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Taseko Reports First Quarter 2025 Earnings

This release should be read with the Company’s Financial Statements and Management Discussion & Analysis (“MD&A”), available at www.tasekomines.com and filed on www.sedarplus.com. Except where otherwise noted, all currency amounts are stated in Canadian dollars. Taseko owns 100% of the Gibraltar Mine, which is located north of the City of Williams Lake in south-central British Columbia. VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) — Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko” or the “Company”) reports first quarter 2025 Adjusted EBITDA* of $34 million and Earnings from mining operations before depletion and amortization and non-recurring items* of $39 million. Revenues for the first quarter were $139 million from the sale of 22 million...

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Endeavour Silver Completes Acquisition of Minera Kolpa

All dollar amounts are stated in United States (U.S.) Dollars unless otherwise noted. VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to announce the completion of the acquisition of Compañia Minera Kolpa S.A. (“Minera Kolpa”), and its main asset, the Huachocolpa Uno Mine (“Kolpa”), pursuant to the share purchase agreement (the “Agreement”) previously announced in the Endeavour news release on April 1, 2025. Under the terms of the Agreement, Endeavour acquired all of the outstanding shares of Minera Kolpa, and its main asset, Kolpa, from its shareholders, which are affiliates of Arias Resource Capital Management and Grupo Raffo. The total consideration for the acquisition is $145 million, comprised of $80 million payable in cash...

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TWFG Insurance Acquires Agencies in Texas and North Carolina, and Adds Innovative Agency Owner, Denise Davis, as Vice President of Retail Operations

THE WOODLANDS, Texas, May 01, 2025 (GLOBE NEWSWIRE) — TWFG, Inc. (“TWFG”, the “Company”), a high-growth insurance distribution company, announced today the acquisition of two agencies, one in Texas and one in North Carolina, and the hiring of Denise Davis as Vice President of Retail Operations. Denise Davis Insurance, located in Tomball, Texas, converted to a TWFG Corporate Branch on April 1, 2025, after nearly 23 years as an independent TWFG Branch. This move allows Denise to take on the role of Vice President of Retail Operations at TWFG, where her industry and technological process expertise will bring scale and efficiency to our over 500 locations in 33 states. Paul Mears Insurance Group, Inc. joined TWFG on May 1, 2025. The agency has 16 employees in three locations in Valdese, North Wilkesboro, and Morgantown, North Carolina,...

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Hammond Power Solutions Reports First Quarter 2025 Financial Results

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, May 01, 2025 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the first quarter 2025. HIGHLIGHTSSales of $201 million in the quarter, a 5.6% increase versus Quarter 1, 2024. Adjusted EBITDA of $30,916 in the quarter, or 15.4% of sales. Gross margin was $63.5 million or 31.5% of sales in Quarter 1, 2025, versus $60.5 million or 31.7% in Quarter 1, 2024. Net earnings of $26.2 million in the quarter, significantly impacted by share-based compensation. Earnings per share of $2.20. Adjusted earnings per share of $1.60. Backlog at the end of the quarter increased by 17.7% versus...

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Correction: Beyond Oil Receives an Additional C$4.5 Million Through Warrant Exercises; Provides an Update on RBI Supplier Approval & US Team Expansion

Funds to Support Continued Global Expansion as Company Scales Across International Markets VANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 01, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company“), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce that since January 1, 2025, it has received an aggregate of C$4,497,304.66 in proceeds from the exercise of a of 3,399,271 warrants that were previously issued in May 2022 and June 2024. The proceeds from these warrant exercises are expected to provide additional capital to support the Company’s global growth strategy, which has seen substantial progress...

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Glacier Bancorp Completes Acquisition of Bank of Idaho Holding Co. in Idaho Falls, Idaho

KALISPELL, Mont., May 01, 2025 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (“Glacier”) (NYSE: GBCI), today announced the completion of its acquisition of Bank of Idaho Holding Co. (“BOID”) (OTCQX: BOID), the bank holding company for Bank of Idaho, a community bank headquartered in Idaho Falls, Idaho. The Bank of Idaho operations will join three existing Glacier Bank divisions: the Eastern Idaho operations of Bank of Idaho will join Citizens Community Bank, the Boise operations will join Mountain West Bank, and the Eastern Washington operations will join Wheatland Bank. As of March 31, 2025, BOID had total assets of $1.3 billion, total loans of $1.1 billion and total deposits of $1.1 billion. About Glacier Bancorp, Inc. Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: Altabank (American Fork, UT),...

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