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Year: 2025

Northland Power Reports Second Quarter 2025 Results

TORONTO, Aug. 13, 2025 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and six months ended June 30, 2025. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “This quarter, Northland and our partners reached several major construction milestones, including the ahead-of-schedule and under-budget delivery of the Oneida energy storage project into commercial operations, first power at Hai Long, and the installation of Baltic Power’s first wind turbine,” said Christine Healy, President and CEO of Northland. “While our overall performance was impacted by below-average wind levels in Europe during the quarter, we continued to demonstrate strong operational performance with 95% commercial availability.” Significant...

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Madison Pacific Properties Inc. announces the results for the six months ended June 30, 2025, appointment of President and CEO, appointment of director and declares dividend

VANCOUVER, British Columbia, Aug. 13, 2025 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the six months ended June 30, 2025. In July 2024, the Company’s Board of Directors approved a change of financial year-end of the Company from August 31 to December 31. This change of year-end is effective for the financial year commencing September 1, 2024. The comparative figures presented for the six months ended June 30, 2025 are the six months ended May 31, 2024. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies. For the six months ended June 30, 2025, the Company is reporting a net income of $22.4 million (six months ended May 31, 2024: $13.6 million); cash flows...

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LEEF Brands Announces Upsize of Offering and Filing of Amended Offering Document

VANCOUVER, British Columbia, Aug. 13, 2025 (GLOBE NEWSWIRE) — LEEF Brands, Inc. (CSE: LEEF, OTC: LEEEF) (“LEEF” or the “Company”), a premier California and New York cannabis operator, is pleased to announce that it has filed an amended offering document related to its previously announced private placement offering (the “Offering”) of units of the Company (each, a “Unit”), which now covers 8,363,560 Units at a price of C$0.25 per Unit, for gross proceeds of up to C$2,090,890, a further increase over the previously announced size of the Offering. The Offering is being conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the “LIFE Exemption”). Securities issued under the LIFE Exemption will not be...

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Nuclear Fuels Shareholders Approve Arrangement with Premier American Uranium

VANCOUVER, British Columbia, Aug. 13, 2025 (GLOBE NEWSWIRE) — Nuclear Fuels Inc. (“Nuclear Fuels” or the “Company”) (CSE: NF, OTCQX: NFUNF) and Premier American Uranium Inc. (“PUR” or “Premier American Uranium”) (TSXV: PUR, OTCQB: PAUIF) are pleased to announce the voting results of the special meeting of shareholders of Nuclear Fuels (“Nuclear Fuels Shareholders”) held today. The previously announced statutory plan of arrangement (the “Plan of Arrangement”) involving Nuclear Fuels and Premier American Uranium was approved by 95.08% of the votes cast by Nuclear Fuels Shareholders. In addition, the Plan of Arrangement was approved by a simple majority of the votes cast by Nuclear Fuels Shareholders, excluding the votes cast in respect of the Nuclear Fuels shares held by Nuclear Fuels Shareholders that meet the criteria set out in...

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Real Estate Split Corp. Announces Intention to Extend Term

TORONTO, Aug. 13, 2025 (GLOBE NEWSWIRE) — (TSX: RS, RS.PR.A) Real Estate Split Corp. (the “Company”) is pleased to announce that the board of directors intends to approve an extension of the maturity date of the Company for an additional 5-year term to December 31, 2030. The preferred share distribution rate for the extended term will be announced at least 60 days prior to the original maturity date of December 31, 2025, and will be based on market yields for preferred shares with similar terms at that time. The term extension allows Class A shareholders to continue to gain exposure to a diversified portfolio, actively managed, high conviction portfolio comprised of securities of leading North American real estate companies. The extension of the term of the Company is not a taxable event and enables shareholders to defer potential...

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JBS USA Enters Agreement to Acquire and Expand Production Facility in Ankeny, Iowa

Company to Invest $100 Million to Purchase and Enhance Prepared Foods Production GREELEY, Colo., Aug. 13, 2025 (GLOBE NEWSWIRE) — JBS USA, one of the world’s leading food companies, today announced it has reached an agreement to purchase a production facility in Ankeny, Iowa, with plans to build out the largest ready-to-eat bacon and ready-to-eat sausage plant in the company’s U.S. portfolio. The facility was previously owned and operated by Hy-Vee. The 186,000 square-foot facility will be transformed to produce fully cooked bacon and sausage products. The location previously produced other types of food for Hy-Vee stores. Due to the type of work involved, JBS is looking to hire former employees who previously worked at the facility for the retailer. After the initial capital investments and construction are complete, the plant...

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McKinley Acquisition Corp Announces Closing of $150 Million Initial Public Offering

NEEDHAM, Mass, Aug. 13, 2025 (GLOBE NEWSWIRE) — McKinley Acquisition Corporation (Nasdaq: MKLYU) (the “Company”) announced today that it closed its initial public offering of 15,000,000 units.  The offering was priced at $10.00 per unit resulting in gross proceeds of $150,000,000. The units are listed on The Nasdaq Global Market under the symbol “MKLYU”. Each unit consists of one Class A ordinary share and one right. Each right entitles the holder to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Company’s initial business combination.  Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights will be traded on Nasdaq under the symbols “MKLY” and “MKLYR,” respectively. Of the proceeds received from the consummation of the initial public offering and...

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Condor Announces 2025 Second Quarter Results and USD $5.0 Million Bridge Loan

CALGARY, Alberta, Aug. 13, 2025 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based, internationally focused energy transition company focused on Central Asia is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2025 (the “Financial Statements”), together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR+ at www.sedarplus.ca and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. All financial amounts in this news release are presented in Canadian dollars, unless otherwise stated. HIGHLIGHTSProduction in Uzbekistan for the...

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Enovix Shareholder Third Reminder: Early Warrant Expiration Price Condition

Enovix Warrants: 17 of 17 Trading Days Above $10.50 FREMONT, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX, ENVXW) (“Company” or “Enovix”), a leader in advanced silicon battery technology, today announced that the price of its common stock has exceeded $10.50 for seventeen consecutive trading days since the distribution of the warrants to purchase common stock (the “Warrants”), currently traded on Nasdaq under ENVXW. Today’s closing price for Enovix common stock was $10.98 per share and the Warrants remain $2.23 in-the-money based on their $8.75 per share exercise price. As a reminder, under the Warrant Agreement, if our stock trades at or above $10.50 on any 20 out of 30 trading days, the Warrants could expire as early as 5 p.m. New York City time the next business day. The earliest expiration date...

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Optiva Inc. Reports Second Quarter 2025 Financial Results

All amounts are stated in United States dollars unless otherwise indicatedRevenue of $10.3 million Total Contract Value (“TCV”)(1) bookings of $26.6 million Gross margin of 49% Adjusted EBITDA(1) loss of $1.6 million EPS loss of $ 0.71 $12.9 million of cashTORONTO, Aug. 13, 2025 (GLOBE NEWSWIRE) — Optiva Inc. (“Optiva” or “the Company”) (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today released its second quarter financial results for the three-month period ended June 30, 2025. Demonstrating continued bookings growth, during the second quarter, Optiva was selected by two new customers, a Tier 1 European mobile virtual network operator (MVNO) and a Tier 1 European telecom. This brings the total to 13 new customers in two...

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