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Month: August 2025

Western Announces Second Quarter 2025 Results

VANCOUVER, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported Adjusted EBITDA of $0.5 million in the second quarter of 2025, which included an inventory provision expense of $3.6 million related to price declines in certain lumber products. In comparison, the Company reported Adjusted EBITDA of $9.4 million in the second quarter of 2024, which included a $5.3 million inventory provision recovery, and Adjusted EBITDA of $3.5 million in the first quarter of 2025, which included an inventory provision expense of $1.8 million. Net loss was $17.4 million in the second quarter of 2025, as compared to a net loss of $5.7 million in the second quarter of 2024, and net income of $13.8 million in the first quarter of 2025.(millions of Canadian dollars except...

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Genelux Corporation Reports Second Quarter 2025 Financial Results and Provides General Business Updates

WESTLAKE VILLAGE, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) — Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced financial results for the second quarter of 2025 and provided general business updates. Momentum continued to build across the Company, as it looks forward to a series of key clinical readouts over the next year. These readouts are intended to further demonstrate the ability of Olvi-Vec to resensitize tumors to frontline platinum-based regimens. Genelux continues to advance Olvi-Vec toward potential registration in platinum-resistant/refractory ovarian cancer (PRROC) with topline data expected in the first half of 2026. Earlier this year, the Company achieved alignment with the U.S. Food and Drug Administration (FDA) regarding OnPrime/GOG-3076 and its randomized trial design,...

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Bodell Construction joins Aecon

Strengthens and expands Aecon’s Industrial footprint in the U.S. TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) announced today that it has acquired Bodell Construction Company (“Bodell”), an industrial construction company headquartered in Salt Lake City, Utah (the “Transaction”). Bodell’s management is committed to supporting Aecon’s growth in the United States and will lead the business in partnership with Aecon’s Industrial management team. Founded in 1972, Bodell is a privately-owned, non-union industrial construction company with approximately 150 employees. Bodell specializes in oil and gas, mining, water and wastewater, and power generation projects across the Western and Southern U.S. “This transaction strengthens our core industrial capabilities, increases recurring revenue,...

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Portman Ridge Finance Corporation Announces Second Quarter 2025 Financial Results

Completed Merger with Logan Ridge Finance Corporation Reports Net Investment Income of $4.6 Million, or $0.50 Per Share for the Second Quarter Announces Third Quarter 2025 Quarterly Base Distribution of $0.47 Per Share and Supplemental Distribution of $0.02 per share NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the second quarter ended June 30, 2025. Transformational MilestoneOn July 15, 2025, Portman Ridge closed the previously announced merger of Logan Ridge Finance Corporation (“Logan Ridge”) with and into Portman Ridge, with Portman Ridge remaining as the surviving company. We believe the combined company’s enhanced scale with total assets in excess of $600 million (as of July 11, 2025), its further...

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Urbana Corporation Intersects 6.98 g/t Gold over 6.00 metres at the Urban Gold Project

/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICESOR FOR DISSEMINATION IN THE U.S./ TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A) is pleased to report results from its recently completed winter drill program at its 100%-owned Urban Gold Project, located approximately nine (9) kilometres southwest of the Windfall gold deposit in Quebec’s prolific Abitibi Greenstone Belt. The 5,226-metres program, comprising 17 drill holes, focused on the southern portion of the project area. Highlights include an intercept of 6.98 grams of gold per tonne (g/t) over 6.0 metres in hole UU-25-12, significantly expanding the known mineralized zone to a potential strike length of 200 metres and remains open for at least 300 meters westward. The program also confirmed the presence of multiple gold-bearing structures,...

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J-Star Holding Announces Closing of Underwriters’ Over-Allotment Option in Connection with Initial Public Offering

TAICHUNG CITY, Taiwan, Aug. 07, 2025 (GLOBE NEWSWIRE) — J-Star Holding Co., Ltd. (“J-Star” or the “Company”), a leading provider of innovative carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services, today announced that it closed the sale of an additional 187,500 ordinary shares of the Company, pursuant to the full exercise of the underwriters’ over-allotment option granted in connection with the Company’s initial public offering (“IPO”, together with such over-allotment closing, the “Offering”), at the IPO price of $4.00 per share, less underwriting discounts. As a result, the Company has raised aggregate gross proceeds of $5,750,000, including the previously announced IPO gross proceeds...

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Hovnanian Enterprises Announces Third Quarter Fiscal 2025 Earnings Release and Conference Call

MATAWAN, N.J., Aug. 07, 2025 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2025, the morning of Thursday, August 21, 2025. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Thursday, August 21, 2025. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the “Past Events” section of the “Investor Relations” page on the Hovnanian website at...

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Baltic Horizon Fund consolidated unaudited results for Q2 2025

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2025. Challenges in Executing our Strategy Our strategy emphasizes developing governmental and social tenant concepts and centrally located, multi-functional properties with adaptable spaces designed to inspire, uplift, and enhance the lives of modern citizens and communities that holds potential for long-term value appreciation. We believe, that central locations represent a sound long-term investment, as their strategic positioning ensures sustained demand and strong potential for capital appreciation over time. Review of the KPIs:Occupancy target of 90% has been more difficult to achieve, as both leasing to new tenants and retaining existing ones have become increasingly challenging....

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Baltic Horizon Fund consolidated unaudited results for Q2 2025

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2025. Challenges in Executing our Strategy Our strategy emphasizes developing governmental and social tenant concepts and centrally located, multi-functional properties with adaptable spaces designed to inspire, uplift, and enhance the lives of modern citizens and communities that holds potential for long-term value appreciation. We believe, that central locations represent a sound long-term investment, as their strategic positioning ensures sustained demand and strong potential for capital appreciation over time. Review of the KPIs:Occupancy target of 90% has been more difficult to achieve, as both leasing to new tenants and retaining existing ones have become increasingly challenging....

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Dogwood Therapeutics Announces Enrollment of First Fifty Patients in Ongoing Halneuron® Phase 2b Trial

– Halneuron® Chemotherapy-Induced Neuropathic Pain (“CINP”) Phase 2b study interim data readout remains on track as projected for Q4 2025 – – Low discontinuation rate (6%) due to adverse events amongst the first 35 patients completing the trial suggests Halneuron® and placebo treatment have been generally well tolerated – ATLANTA, Aug. 07, 2025 (GLOBE NEWSWIRE) — Dogwood Therapeutics, Inc. (Nasdaq: DWTX) (the “Company”), a development-stage biotechnology company developing new medicines to treat pain and fatigue-related disorders, today announced it has enrolled the first 50 patients in its ongoing Phase 2b CINP trial and remains on track to execute its planned interim analysis on approximately 100 patients who will have completed the four week trial during the fourth quarter of this year. “There has been...

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