Production of all Products Increased over the Prior Year’s Third Quarter Company Declares Cash Dividend HONOLULU, Aug. 11, 2023 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported net losses of $717,000, $0.07 per share, and $865,000, $0.09 per share, for the three and nine months ended June 30, 2023, respectively, as compared to net earnings of $2,531,000, $0.25 per share, and $5,656,000, $0.59 per share, for the three and nine months ended June 30, 2022, respectively. Mr. Alexander C. Kinzler, Chief Executive Officer of Barnwell, commented, “Our loss for the quarter was a result of a decline in prices of all products; oil, natural gas, and natural gas liquids which decreased 37%, 72%, and 46%, respectively, as compared to last year’s three months ended June 20, 2022 together with a decline in land...

MARKHAM, Ontario, Aug. 10, 2023 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and six months ended June 30, 2023. Results are presented in Canadian dollars unless otherwise noted. Second Quarter HighlightsHome health care volume growth continued, with Q2 average daily volume (“ADV”) of 27,102, an increase of 4.1% from Q1 2023 and 7.7% from Q2 2022. Long-term care (“LTC”) occupancy continued to recover, improving to 97.2%, an increase of 60 bps from Q1 2023 and 470 bps from Q2 2022. Adjusted EBITDA(1) declined by $3.3 million to $14.8 million; removing one-time items from Q2 2022 of workers compensation rebates of $3.9 million and a recovery of COVID-19 costs of $0.6 million, Adjusted EBITDA increased $1.2 million, reflecting higher home health care ADV and...

First Quarter Results Ahead of Previously Announced Expectations Solid Performance from Operations Resulted in Strong Cash Flow Generation Reiterated Outlook on Transformative EAF Project with $74 Million Invested in Quarter SAULT STE. MARIE, Ontario, Aug. 10, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its fiscal first quarter ended June 30, 2023. Unless otherwise specified, all amounts are in Canadian dollars. Business Highlights and Fiscal 2024 to Fiscal 2023 First Quarter ComparisonsConsolidated revenue of $827.2 million, compared to $934.1 million in the prior-year quarter. Consolidated income from operations of $164.3 million, compared to $328.9 million...

EDMONTON, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2023. Revenue was down 3% to $101.32 million year-to-date and up 28% to $17.43 million in the quarter as a result of the cyclical nature of the real estate industry and timing of sales in our current and comparative periods. Year-to-date net income was $23.79 million compared to $28.38 million in 2022. In the quarter, net income was $21.63 million compared to $25.91 million in Q2-2022. Net income is significantly impacted by swings in non-cash fair value adjustments on investment properties, REIT units and the conversion feature on the REIT’s convertible debenture. As a result management relies...

MONTREAL, Aug. 09, 2023 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a third quarter 2023 dividend of C$0.06 per common share. The dividend will be paid on October 16, 2023 to shareholders of record as of the close of business on September 29, 2023. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada). For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on September 29, 2023. The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend...

CHINO, Calif., Aug. 09, 2023 (GLOBE NEWSWIRE) — Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its Board of Directors has declared a special cash dividend of $0.40 per share on the Company’s common stock. Additionally, the Board of Directors approved a quarterly cash dividend policy and declared a quarterly cash dividend of $0.10 per share on the Company’s common stock. The amount of future quarterly cash dividends will be at the sole discretion of the Board of Directors. Both dividends are payable on or about August 31, 2023, to shareholders of record at the close of business on August 23, 2023. “The initiation of a quarterly dividend represents a milestone for Karat, which has been a publicly traded...

CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) today announced that its Board of Directors declared a cash dividend of $0.105 per share for the second quarter 2023. The dividend will be payable on September 7, 2023, to shareholders of record on August 23, 2023. About TransUnion (NYSE:TRU)  TransUnion is a global information and insights company with over 12,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics....

Board of Directors declares one-time special dividend Second Quarter 2023 Highlights¹Generated Revenues of $185.3 million; Constant Currency Revenues were $186.4 million Delivered Net Income of $9.8 million; Adjusted Net Income was $34.8 million Produced Adjusted EBITDA of $56.0 million; Constant Currency Adjusted EBITDA was $56.1 million Realized GAAP diluted net income per share of $0.07; Adjusted Diluted Earnings Per Share was $0.24 Achieved Cash Flows from Operations of $33.1 million First Advantage’s Board of Directors declared a one-time special dividend of $1.50 per share, which represents a greater than 10% return of capital to shareholders2023 Full-Year GuidanceSecond quarter Revenues and Adjusted EBITDA results were in-line with expectations communicated during the first quarter 2023 earnings conference call. The full-year...

HOUSTON, Aug. 09, 2023 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) declared its quarterly cash dividend of $0.0625 per share of common stock for the second quarter of 2023 ($0.25 annualized), which is payable on September 22, 2023, to stockholders of record at the close of business on August 25, 2023. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. George Maxwell, VAALCO’s Chief Executive Officer, commented, “We are pleased to pay our third quarterly dividend at the increased rate of $0.0625 per share, or $0.25 per share annually, which is up 92% from our 2022 dividend rate. Delivering meaningful value to our stockholders through dividends and share buybacks are key components of our...

TORONTO, Aug. 08, 2023 (GLOBE NEWSWIRE) —  Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its second quarter 2023 financial results. All amounts are in U.S. dollars, unless otherwise noted. Positioned for Strong Production Growth and Free Cash Flow Generation in the Second Half of 2023Reaffirmed full year 2023 consolidated production, cash cost and sustaining cash cost guidance for Hudbay’s Peru and Manitoba operations. On June 20, 2023, Hudbay completed the acquisition of Copper Mountain Mining Corporation (“Copper Mountain”), creating a 150,000-tonnes-per-year copper producer with three long-life mines in tier-one jurisdictions and a world-class pipeline of organic copper growth projects.Copper Mountain owns 75% of the Copper Mountain mine in British Columbia (the “Copper Mountain Mine Joint...