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Day: August 7, 2025

Interfor Reports Q2’25 Results

Adjusted EBITDA of $17 million and Net Earnings of $11 million BURNABY, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded net earnings in Q2’25 of $11.1 million, or $0.22 per share, compared to a net loss of $35.1 million, or $0.68 per share in Q1’25 and a net loss of $75.8 million, or $1.47 per share in Q2’24. Adjusted EBITDA was $17.2 million on sales of $780.5 million in Q2’25 versus Adjusted EBITDA of $48.6 million on sales of $735.5 million in Q1’25 and an Adjusted EBITDA loss of $16.7 million on sales of $771.2 million in Q2’24. Notable items:Robust Lumber Shipments and Reduced InventoryLumber shipments of 978 million board feet exceeded production by approximately 5%, resulting in a 37 million board foot reduction in inventory volume during the quarter.Lumber...

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Ambarella Announces Second Quarter Fiscal Year 2026 Earnings Conference Call to be Held August 28, 2025

SANTA CLARA, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its second quarter fiscal year 2026 earnings conference call on Thursday, August 28, 2025 at 1:30 p.m. (Pacific Time). The company will issue its earnings release after the market closes that same day. Those interested in asking a question on the call are required to register online in advance. Once registered, the dial-in numbers will be provided with a personal identification number (PIN). When dialing in for the live call, the PIN number must be provided to access the call. The live webcast of the conference call, and a webcast replay, will be available at: http://investor.ambarella.com/events.cfm About Ambarella Ambarella’s products are used in a wide variety of edge AI and human...

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Timbercreek Financial Secures $600 Million Revolving Credit Facility

TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company“) is pleased to announce a significant update to its credit facilities. On August 7, 2025, Timbercreek Financial entered into a second amending agreement to the third amended and restated credit agreement (the “New Credit Agreement“) with a syndicate of nine lenders. The New Credit Agreement provides for revolving credit facilities totaling $600 million, including a $20 million swingline facility, up from the previous $510 million credit facility. The facility also includes a $100 million accordion feature for future expansion, subject to certain conditions. The term of the New Credit Agreement is two years, maturing on August 7, 2027. The Toronto-Dominion Bank will continue...

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UPDATE — LGI Homes Opens Brayden Preserve: New Community in Mamers, North Carolina

The Blanco Plan by LGI Homes at Brayden PreserveThe Blanco Plan by LGI Homes at Brayden Preserve features three bedrooms, two bathrooms, and a spacious family room.RALEIGH-DURHAM, N.C., Aug. 07, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the opening of Brayden Preserve, a thoughtfully planned community offering 70 single-family homes on generous lots just outside Raleigh-Durham. Located only 15 minutes from Sanford and 30 minutes from all three main gates of Fort Bragg, Brayden Preserve is drawing strong interest from buyers seeking more space, privacy, and convenience. With homesites ranging from half an acre to 3 acres, this community offers the rare combination of quiet, open living with quick access to major city amenities. Brayden Preserve is perfectly situated for those commuting to...

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Pan American Announces Private Placement for up to C$3M

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Aug. 07, 2025 (GLOBE NEWSWIRE) — Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTCQB: PAANF) (FRA: SS6) is pleased to announce that it intends to complete a non-brokered private placement of up to 4,000,000 units (“Units”), at a price of C$0.50 per Unit, and of up to 1,538,462 flow-through units (“Flow-Through Units”), at a price of C$0.65 per Flow-Through Unit, for gross aggregate proceeds of up to C$3,000,000. Each Unit will consist of one (1) common share of the Company (each, a “Share”) and one (1) Share purchase warrant of the Company (each, a “Warrant”), with each Warrant entitling the holder to acquire one (1) Share (each, a “Warrant Share”) at a price of C$0.65 for a period of twenty-four...

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Refined Energy Corp. and Eagle Plains Resources Ltd. sign an amendment to the Option Agreement for the Dufferin Project in the Athabasca Basin

VANCOUVER, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) — Refined Energy Corp. (CSE: RUU | OTC: RRUUF | FRA: CWA0) (“Refined” or the “Company“) announces that it has signed a further amendment with Eagle Plains Resources Ltd. (“EPL“) on July 29, 2025 (the “Amended Agreement”), to the option agreement dated February 26, 2024, which was amended on January 30, 2025 (the “Agreement”), under which the Company has the right to acquire up to an undivided seventy-five percent (75%) interest in and to the Dufferin North and Dufferin West Property (the “Property”). The Company and EPL agree to extend the due dates of the following:(i)   the additional cash payment of $100,000 from December 31, 2025, to April 30, 2026;(ii)   the exploration expenditures on the Property of an additional $350,000 from...

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TC Transcontinental Acquires Canva Group Businesses to Accelerate Growth of its In-Store Marketing Segment

MONTRÉAL, Aug. 07, 2025 (GLOBE NEWSWIRE) — Transcontinental Inc. (TSX: TCL.A TCL.B) announces the acquisition of two Canva Group businesses, Mirazed Inc., located in Saint-Hubert, Quebec, and Intergraphics Decal Limited, located in Winnipeg, Manitoba. This strategic transaction follows the acquisition of Middleton Group in June and strengthens TC Transcontinental’s position as a leader in in-store marketing. Mirazed is recognized for its cutting-edge expertise in screen printing as well as large format digital printing, the production of promotional displays and point-of-purchase (POP) signage. Intergraphics specializes in industrial screen and digital printing. Together, these entities employ more than 200 skilled people and operate state-of-the-art production facilities that will significantly enhance TC Transcontinental’s...

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Sutro Biopharma Reports Second Quarter 2025 Financial Results and Business Highlights

– On track to initiate FIH study with STRO-004, potential best-in-class Tissue Factor ADC, in the second half of 2025 – – Expanded breadth of preclinical data across pipeline, including STRO-006 and dual-payload ADCs – – Entered research collaboration with the FDA to advance regulatory standards for ADCs – – Industry veteran Greg Chow appointed as Chief Financial Officer – – Cash, cash equivalents and marketable securities as of June 30, 2025 of $205.1 million, with cash runway into early 2027 – SOUTH SAN FRANCISCO, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) — Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ: STRO), an oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today reported its financial results for the second quarter of 2025 and recent business highlights. “In the second quarter,...

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Legacy Housing Corporation Reports Second Quarter 2025 Financial Results

BEDFORD, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) — Legacy Housing Corporation (“Legacy” or the “Company,” NASDAQ: LEGH) today announced its financial results for the second quarter ended June 30, 2025. Financial HighlightsNet revenue for the second quarter of 2025 was $50.2 million, an increase of 18.0% from the second quarter of 2024. Income from operations for the second quarter of 2025 was $16.8 million, an increase of 4.9% from the second quarter of 2024. Net income for the second quarter of 2025 was $14.7 million, a decrease of 9.2% from the second quarter of 2024. Basic earnings per share for the second quarter of 2025 was $0.61, a decrease of 9.0% from the second quarter of 2024. Book value per share1 for the second quarter of 2025 was $21.32, an increase of 11.2% from the second quarter of 2024. The Company repurchased...

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Elicio Therapeutics Reports Second Quarter 2025 Financial Results and Provides Corporate Updates

Recent positive recommendation by the Independent Data Monitoring Committee (“IDMC”) to continue ELI-002 7P randomized Phase 2 study in pancreatic cancer without modifications to final analysis Event-driven final analysis focused on disease-free survival (“DFS”) expected in Q4 2025 Secured $10 million financing in Q2 2025; Current cash position expected to support operations beyond anticipated AMPLIFY-7P Phase 2 final analysis BOSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) — Elicio Therapeutics, Inc. (Nasdaq: ELTX, “Elicio” or the “Company”), a clinical-stage biotechnology company developing a pipeline of novel immunotherapies for the treatment of cancer, today reported financial results for the second quarter ended June 30, 2025, and provided recent corporate and clinical updates. “Most recently, we were pleased to receive the IDMC’s...

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