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Month: August 2025

South Bow Reports Second-quarter 2025 Results and Declares Dividend

CALGARY, Alberta, Aug. 06, 2025 (GLOBE NEWSWIRE) — South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its second-quarter 2025 financial and operational results. Unless otherwise noted, all financial figures in this news release are in U.S. dollars. Highlights Safety and operational performanceRecorded average throughput of approximately 544,000 barrels per day (bbl/d) on the Keystone Pipeline in the second quarter of 2025, and approximately 760,000 bbl/d on the U.S. Gulf Coast segment of the Keystone Pipeline System. South Bow is currently delivering its contractual Keystone Pipeline throughput commitments of 585,000 bbl/d.Throughput on the Keystone Pipeline and the U.S. Gulf segment of the Keystone Pipeline System averaged approximately 578,000 bbl/d and approximately 744,000 bbl/d, respectively, in...

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Carriage Services Announces Second Quarter 2025 Results, Strategic Acquisitions, and Raises Full-Year 2025 Outlook

Conference call on Thursday, August 7, 2025 at 8:00 a.m. Central Time HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the second quarter ended June 30, 2025. Company Highlights:GAAP net income growth of $5.5 million, or 85.7%, over the prior year quarter; GAAP diluted EPS of $0.74 and adjusted diluted EPS of $0.74, compared to $0.40 and $0.63 in the prior year quarter, a growth of 85.0% and 17.5%, respectively; Total funeral consolidated revenue increased $1.7 million or 2.6% over the prior year quarter, driven by an increase in consolidated funeral average revenue per contract of 1.4%; Total consolidated revenue for the six months ended June 30, 2025, grew $3.4 million, driven by a $4.4 million increase in consolidated funeral revenue that was slightly offset...

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First Quantum Minerals Announces Cash Tender Offer To Purchase Its Outstanding 9.375% Senior Secured Second Lien Notes Due 2029 In A Maximum Aggregate Principal Amount Of Up To $250 Million

(In United States dollars, except where noted otherwise) TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) today announced that it has commenced an offer to purchase for cash (the “Tender Offer”) its outstanding 9.375% Senior Secured Second Lien Notes due 2029 (the “Notes”) in a maximum aggregate principal amount of up to $250,000,000, as further described in the offer to purchase dated the date hereof (the “Offer to Purchase”). As announced by the Company on August 6, 2025, the Company successfully priced and upsized its concurrent offering of $1.0 billion aggregate principal amount of senior notes due 2034 (the “New Notes”). The Company intends to use a portion of the proceeds of such New Notes towards the Offer to Purchase. The Tender Offer will expire at 5:00...

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Aura Announces Exercise of the Underwriters’ Option to Purchase Additional Shares

ROAD TOWN, British Virgin Islands, Aug. 06, 2025 (GLOBE NEWSWIRE) — Aura Minerals Inc. (Nasdaq: AUGO) (TSX: ORA) (B3: AURA33) (“Aura” or the “Company”) today announced that it has closed the sale of 897,134 common shares as a result of the partial exercise of the underwriters’ option to purchase additional shares granted to them in connection with the U.S. initial public offering pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”) at the public offering price of US$24.25 per common share, less underwriting discounts and commissions. The principal purposes of this offering are to transfer Aura’s principal listing venue to a stock exchange in the United States equity market, which the Company believes will increase the liquidity of its common shares, as well as strengthen...

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North American Construction Group Ltd. Announces $2.0 Billion, Five-Year Contract in Queensland, Australia

Largest Signed Contract in Company’s History Drives Record-High Backlog ACHESON, Alberta, Aug. 06, 2025 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced that the MacKellar Group (“MacKellar”), a wholly owned subsidiary of NACG, has been awarded an amended and extended five-year contract by an existing client, a leading coal producer in the state of Queensland, Australia. The extended mine services contract has an expiry date of April 30, 2030, provides total backlog of approximately $2.0 billion and is the largest contract signed in the Company’s history. The extension results in an $800 million increase to backlog in relation to the original contract. The amendments introduce certain risk and reward mechanisms that contractually align NACG with the producer...

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Copa Holdings Reports Second-Quarter Financial Results

PANAMA CITY, Aug. 06, 2025 (GLOBE NEWSWIRE) — Copa Holdings1, S.A. (NYSE: CPA), today announced financial results for the second quarter of 2025 (2Q25), delivering another quarter of solid profitability and operational excellence. Key highlights include:Net profit of US$148.9 million or US$3.61 per share, which represents an earnings per share (EPS) increase of 25.2% compared to 2Q24. Net margin of 17.7% and an operating margin of 21.0%, an increase of 3.0 percentage points and 1.5 percentage points, respectively, compared to 2Q24. Revenue per available seat mile (RASM) of 10.7 cents, down 2.8% compared to 2Q24. Operating cost per available seat mile (CASM) decreased by 4.6% compared to 2Q24 to 8.5 cents, and CASM excluding fuel (Ex-fuel CASM) increased 3.2% year over year to 5.8 cents. The Company ended the quarter with approximately...

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Extendicare Announces 2025 Second Quarter Results

MARKHAM, Ontario, Aug. 06, 2025 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and six months ended June 30, 2025. Second Quarter 2025 HighlightsAdjusted EBITDA(1), excluding out-of-period items, increased by $5.3 million or 15.4% to $39.8 million, driven by continued growth in the home health care segment and improvements in long-term care (“LTC”), including the contribution from the acquisition of nine Class C LTC homes. Home health care average daily volume (“ADV”) increased to 33,310, an increase of 10.9% from Q2 2024. Third-party and joint venture beds serviced by SGP reached 149,300 beds, an increase of 5.9% from Q2 2024. Completed the sale of three LTC projects under construction in St. Catharines, Port Stanley and London, Ontario to Axium JV on April...

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Taseko Announces Second Quarter Financial and Operational Results

Total Operating Costs (C1)* (US$ per pound)Total Operating Costs (C1)* (US$ per pound)VANCOUVER, British Columbia, Aug. 06, 2025 (GLOBE NEWSWIRE) — Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko” or the “Company”) reports second quarter 2025 Adjusted EBITDA* of $17 million, net income of $22 million ($0.07 per share) and an Adjusted net loss* of $13 million ($0.04 loss per share). Revenues for the second quarter were $116 million from the sale of 19 million pounds of copper and 178 thousand pounds of molybdenum. Second quarter copper production at Gibraltar was in line with plan and mining operations made significant headway opening up the Connector pit.  Tons mined was 31% higher than the first quarter, and the improved mining rates have set the mine up to deliver the expected...

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Diversified Royalty Corp. Announces Second Quarter 2025 Results and Strongest Adjusted Revenue(1) Quarter in its History

VANCOUVER, British Columbia, Aug. 06, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce its financial results for three months ended June 30, 2025 (“Q2 2025”) and six months ended June 30, 2025. HighlightsThe weighted average organic royalty growth1 of DIV’s diversified royalty portfolio was 5.5% in Q2 2025 and 4.6% for the six months ended June 30, 2025, compared to 4.2% for the three months ended June 30, 2024 (“Q2 2024”) and 4.7% for the six months ended June 30, 2024. The weighted average organic royalty growth1 on a consistent currency basis was 4.7% in Q2 2025 and 4.1% for the six months ended June 30, 2025, compared to 3.9% in Q2 2024 and 4.6% for the six months ended June 30, 2024. Revenue was $17.8 million in Q2 2025 and $33.5 million for the...

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CEMATRIX Announces 2025 Second Quarter Financial Results

Best Q2 in Company history with record revenues, improved margins, and strong cash flow generation CALGARY, Alberta, Aug. 06, 2025 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company“) a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America announced the release of its consolidated financial results for the second quarter ended June 30, 2025. “We are extremely proud of the quarter, the best Q2 in the history of our Company,” said Randy Boomhour, President and CEO of CEMATRIX. “Our second quarter revenues were $10.6 million versus $6.4 million last year, and we achieved higher margins which resulted in an adjusted EBITDA of $2.4 million for the quarter.”   “This...

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