Financial statement

OMNI-LITE INDUSTRIES ANNOUNCES THIRD QUARTER AND YEAR-TO-DATE FISCAL 2023 RESULTS AND CONFERENCE CALL FOR INVESTORS: NOVEMBER 13, 2023, AT 1:00 PM EST

Retrieved on: 
Friday, November 10, 2023

LOS ANGELES, CALIFORNIA, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the "Company" or “Omni-Lite”; TSXV: OML) today reported results for the third quarter Fiscal 2023. Full financial results are available at sedarplus.ca.

Key Points: 
  • Revenue for the third quarter of fiscal 2023 was approximately US$3.3 million, representing a 9% increase over the fiscal 2023 second quarter and 4% growth compared to the third quarter of fiscal 2022.
  • Adjusted EBITDA (1) was US$278,000, an improvement of approximately US$274,000 and US$110,000 as compared to the results for the third quarter of fiscal 2022 and second quarter of fiscal 2023, respectively, and the highest results since March 2020.
  • The year-to-date booked-to-bill ratio was 1.25, with over US$11.4 million in bookings through the fiscal 2023 third quarter.
  • Omni-Lite will host a conference call for investors on November 13, 2023, beginning at 1:00 P.M. (EST) to discuss the Third Quarter Fiscal 2023 results and review of its business and operations.

Liberty Gold Reports Q3 2023 Financial and Operating Results

Retrieved on: 
Thursday, November 9, 2023

VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the nine months ended September 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the nine months ended September 30, 2023.
  • On September 5, 2023, published second annual ESG report: Developing Gold Deposits in a Responsible and Sustainable Manner2.
  • Published reverse circulation (“RC”) exploration drill results from:
    0.77 grams per tonne (“g/t”) gold (“Au”) over 65.5 meters (“m”) including 2.47 g/t Au over 10.7 m in LBP9327.
  • Completed 2023 RC exploration drilling program as of September 30, 2023, for a total of 27,461 meters drilled.

Canacol Energy Ltd. Reports an 11% Increase in Netback and an Adjusted EBITDAX of $62 million in Q3 2023

Retrieved on: 
Thursday, November 9, 2023

(2) Restated to reflect the 5:1 share consolidation on January 17, 2023 - see “Share Consolidation” section within the MD&A.

Key Points: 
  • (2) Restated to reflect the 5:1 share consolidation on January 17, 2023 - see “Share Consolidation” section within the MD&A.
  • This press release should be read in conjunction with the Corporation’s interim condensed consolidated financial statements and related Management’s Discussion and Analysis (“MD&A”).
  • Canacol is a natural gas exploration and production company with operations focused in Colombia.
  • Adjusted EBITDAX is defined as consolidated net income adjusted for interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar non-recurring or non-cash charges.

DZS Inc. Announces Delayed 10-Q Filing and Restatement of Previously Issued 2022 Financial Statements

Retrieved on: 
Thursday, November 9, 2023

Although the Review is ongoing, based on preliminary findings, the Audit Committee, in consultation with the Company’s management, determined on November 7, 2023 that the Company’s previously issued audited condensed consolidated financial statements as of and for the year ended December 31, 2022 (the “2022 Annual Financial Statements”), as well as the Company’s previously issued unaudited condensed consolidated financial statements as of and for each of the three months ended March 31, 2022, the three and six months ended June 30, 2022 and the three and nine months ended September 30, 2022 (collectively, the “2022 Interim Financial Statements” and, together with the 2022 Annual Financial Statements, the “2022 Financial Statements” and, together with the Q1 2023 Financial Statements, the “Affected Financial Statements”), should no longer be relied upon and should be restated due to accounting errors in each of the 2022 Financial Statements relating to revenue recognition.

Key Points: 
  • Although the Review is ongoing, based on preliminary findings, the Audit Committee, in consultation with the Company’s management, determined on November 7, 2023 that the Company’s previously issued audited condensed consolidated financial statements as of and for the year ended December 31, 2022 (the “2022 Annual Financial Statements”), as well as the Company’s previously issued unaudited condensed consolidated financial statements as of and for each of the three months ended March 31, 2022, the three and six months ended June 30, 2022 and the three and nine months ended September 30, 2022 (collectively, the “2022 Interim Financial Statements” and, together with the 2022 Annual Financial Statements, the “2022 Financial Statements” and, together with the Q1 2023 Financial Statements, the “Affected Financial Statements”), should no longer be relied upon and should be restated due to accounting errors in each of the 2022 Financial Statements relating to revenue recognition.
  • Similarly, any previously issued or filed reports, press releases, earnings releases, investor presentations or other communications of the Company describing the Company’s financial results or other financial information relating to the periods covered by the 2022 Financial Statements should no longer be relied upon.
  • In addition, the report of Ernst & Young LLP included in the previously issued 2022 Annual Financial Statements should no longer be relied upon.
  • We look forward to emerging more prepared, more disciplined and with a relentless commitment to profitable growth.”

Urbana Corporation Has Filed 2023 Third Quarter Interim Financial Statements

Retrieved on: 
Thursday, November 9, 2023

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
    TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Urbana Corporation announces today that it has filed its unaudited interim Financial Statements and Management’s Discussion and Analysis for the nine-month period ended September 30, 2023 with the applicable Canadian securities regulators.

Blue Ridge Bankshares, Inc.: Shareholders with Significant Losses in BRBS Should Contact Robbins LLP About Their Rights and Remedies

Retrieved on: 
Friday, December 15, 2023

Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Blue Ridge Bankshares, Inc. (NYSE: BRBS) securities between March 10, 2023 and October 31, 2023.

Key Points: 
  • Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Blue Ridge Bankshares, Inc. (NYSE: BRBS) securities between March 10, 2023 and October 31, 2023.
  • Defendant Blue Ridge conducts its business activities through its “wholly-owned subsidiary bank, Blue Ridge Bank [.
  • On this news, the price of Blue Ridge stock fell $1.06 per share, or 33.65%, to close at $2.09 on November 1, 2023.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against Blue Ridge Bankshares, Inc. Shareholders who want to act as lead plaintiff for the class should contact Robbins LLP.

Blue Ridge Bankshares, Inc. (BRBS) Investor Notice: Robbins LLP Reminds Shareholders of Class Action Filed Against Blue Ridge Bankshares, Inc.

Retrieved on: 
Friday, December 8, 2023

Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Blue Ridge Bankshares, Inc. (NASDAQ: BRBS) securities between March 10, 2023 and October 31, 2023.

Key Points: 
  • Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Blue Ridge Bankshares, Inc. (NASDAQ: BRBS) securities between March 10, 2023 and October 31, 2023.
  • Defendant Blue Ridge conducts its business activities through its “wholly-owned subsidiary bank, Blue Ridge Bank [.
  • On this news, the price of Blue Ridge stock fell $1.06 per share, or 33.65%, to close at $2.09 on November 1, 2023.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against Blue Ridge Bankshares, Inc. Shareholders who want to act as lead plaintiff for the class should contact Robbins LLP.

XTM Files Q3 2023 Quarterly Financial Results

Retrieved on: 
Thursday, November 30, 2023

The Company initiated its acquisition of QRails in March 2023 at which time, XTM assumed QRails operations including payroll and accounts payables.

Key Points: 
  • The Company initiated its acquisition of QRails in March 2023 at which time, XTM assumed QRails operations including payroll and accounts payables.
  • XTM closed its acquisition of QRails Inc. on August 18, 2023.
  • The EWA receivable, for funds advanced to employees ahead of payday has grown by 251% as of September 30, 2023 to $1,051,000 - up from $419K in March, the month prior to XTM assuming operations;
    As XTM and QRails initiate consolidation, economies are being realized.
  • Q3 2023 saw an increase of 84% or $1.8MM compared to $2.2MM for Q2 2022.

Syncora Guarantee Inc. Announces the Availability of Certain Financial Information

Retrieved on: 
Thursday, November 16, 2023

Syncora Guarantee Inc. (“Syncora Guarantee”) today announced that certain financial information of Syncora Guarantee has been made available on Syncora Guarantee's website ( www.syncoraguarantee.com ).

Key Points: 
  • Syncora Guarantee Inc. (“Syncora Guarantee”) today announced that certain financial information of Syncora Guarantee has been made available on Syncora Guarantee's website ( www.syncoraguarantee.com ).
  • The information posted is Syncora Guarantee’s Statutory Basis Financial Statements as of September 30, 2023.

Americas Gold and Silver Reports Q3-2023 Results

Retrieved on: 
Wednesday, November 15, 2023

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, reports consolidated financial and operational results for the quarter ended September 30, 2023.

Key Points: 
  • Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, reports consolidated financial and operational results for the quarter ended September 30, 2023.
  • As previously reported, Q3-2023 consolidated attributable silver production rose 17% totalling approximately 0.39 million ounces compared with approximately 0.33 million ounces in Q3-2022.
  • Attributable cash costs of $19.01/oz silver produced1 and all-in sustaining costs of $29.55/oz silver produced2 during the quarter.
  • Cash costs decreased to $22.91 per silver ounce from $28.51 per silver ounce in Q3-2022 with similar decrease to all-in sustaining costs per silver ounce due to the increase in silver production.