Corporation

Bombardier Announces April 3, 2024 as the Start of its New Normal Course Issuer Bid

Retrieved on: 
Monday, April 1, 2024

MONTRÉAL, April 01, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (TSX: BBD.B) (“Bombardier” or the “Corporation”) confirmed today that its new normal course issuer bid (the “New NCIB”) will commence on April 3, 2024, following the early termination of its current normal course issuer bid.

Key Points: 
  • MONTRÉAL, April 01, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (TSX: BBD.B) (“Bombardier” or the “Corporation”) confirmed today that its new normal course issuer bid (the “New NCIB”) will commence on April 3, 2024, following the early termination of its current normal course issuer bid.
  • The Corporation’s current normal course issuer bid commenced on May 23, 2023 for a 12-month period that would have ended May 22, 2024 (the “2023 NCIB”) for a maximum of 600,000 Class B shares (subordinate voting).
  • Under the rules of the TSX, a maximum of 5% of the Corporation’s issued and outstanding Class B shares (subordinate voting) may generally be purchased over a 12-month period pursuant to a normal course issuer bid (the “5% Annual Limit”).
  • Bombardier had sought and obtained the TSX’s approval for purchases of up to 600,000 Class B shares (subordinate voting) under the 2023 NCIB.

Magna Posts 2023 Annual Report

Retrieved on: 
Thursday, March 28, 2024

AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com .

Key Points: 
  • AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com .
  • Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedarplus.ca) and the U.S. Securities and Exchange Commission (accessible through its website at www.sec.gov/edgar).
  • Our 2024 Annual Meeting of Shareholders will be held on Thursday, May 9, 2024, commencing at 10:00 a.m. (Eastern Daylight Time).
  • Magna will provide a paper copy of its audited financial statements as contained in our 2023 Annual Report to Shareholders, free of charge, on request through our website, www.magna.com, or in writing to Magna International Inc., Attn: Corporate Secretary, 337 Magna Drive, Aurora, ON, Canada L4G 7K1.

Zevra Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Corporate Updates

Retrieved on: 
Thursday, March 28, 2024

CELEBRATION, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- Zevra Therapeutics, Inc. (NasdaqGS: ZVRA) (Zevra, or the Company), a rare disease therapeutics company, today provided corporate updates and reported its financial results for the fourth quarter and year ended December 31, 2023. 

Key Points: 
  • ET
    CELEBRATION, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- Zevra Therapeutics, Inc. (NasdaqGS: ZVRA) (Zevra, or the Company), a rare disease therapeutics company, today provided corporate updates and reported its financial results for the fourth quarter and year ended December 31, 2023.
  • “We made solid progress on our key priorities in 2023,” said Neil F. McFarlane, President and Chief Executive Officer of Zevra.
  • Overview of Q4 2023 and FY 2023 Financial Results:
    Net revenue for Q4 2023 was $13.2 million, compared to prior year Q4 net revenue of $2.2 million.
  • ET, to discuss its corporate and financial results for Q4 and FY 2023.

EV Nickel Announces Closing of $5.12 Million Flow-Through Financing

Retrieved on: 
Thursday, March 28, 2024

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- EV NICKEL INC. (TSX-V: EVNI) ("EVNi" or the "Company") is pleased to announce that it has closed its previously announced private placement of flow-through common shares for aggregate proceeds of $5,119,750 (the "Offering"). The Offering was led by PowerOne Capital Markets Limited and Clarus Securities Inc. (the “Agents”).

Key Points: 
  • The Offering was led by PowerOne Capital Markets Limited and Clarus Securities Inc. (the “Agents”).
  • "We are very appreciative for the strong interest in this financing, which will be utilized by the company to further develop our high grade and large-scale nickel resources.
  • Together with the funds raised from recent warrant exercises, the Company is well capitalized and is in active preparation for its upcoming work program."
  • The Premium Flow-Through Shares and the Flow-Through Shares will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)).

TFF Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024

FORT WORTH, Texas, March 28, 2024 (GLOBE NEWSWIRE) -- TFF Pharmaceuticals, Inc. (NASDAQ: TFFP) (“the Company”), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative drug products based on its patented Thin Film Freezing (TFF) technology platform, today reported financial results for the fourth quarter and full year 2023.

Key Points: 
  • FORT WORTH, Texas, March 28, 2024 (GLOBE NEWSWIRE) -- TFF Pharmaceuticals, Inc. (NASDAQ: TFFP) (“the Company”), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative drug products based on its patented Thin Film Freezing (TFF) technology platform, today reported financial results for the fourth quarter and full year 2023.
  • For TFF TAC, the Company presented data showing that eight out of eight patients successfully transitioned from oral Tacrolimus to TFF TAC in the Phase 2 study.
  • TFF TAC continues to demonstrate favorable safety results with no mortality or discontinuations due to adverse events.
  • In the fourth quarter 2023, the Company announced the appointment of three new members of its Board of Directors, including Thomas B.

Konica Minolta Recognized for Outstanding Employee Communications

Retrieved on: 
Thursday, March 28, 2024

MISSISSAUGA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions (Canada) Ltd. ( Konica Minolta ), is proud to announce it has been named a finalist in two categories of Ragan’s Employee Communications Awards, Class of 2024 .

Key Points: 
  • MISSISSAUGA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions (Canada) Ltd. ( Konica Minolta ), is proud to announce it has been named a finalist in two categories of Ragan’s Employee Communications Awards, Class of 2024 .
  • Konica Minolta was recognized in both the Employee Recognition/Reward Program and Internal Event Strategy categories.
  • “The role of employee communications is ever more critical in the post-pandemic work environment, for ensuring everyone is marching toward the same goals, especially in businesses that are transforming like Konica Minolta.
  • Knowing this, it was key that our kick-off activities inspired and activated our employees to bring to life our corporate vision,” said Stacey Sujeebun, Director, Corporate Marketing & Brand Communications, Konica Minolta.

Aya Gold & Silver: Record 2023 Production, Revenue and Operating Cash Flow

Retrieved on: 
Thursday, March 28, 2024

Revenue from silver sales for 2023 totaled $42,849 (2022 – $38,245), an increase of 12% representing an average realized price of $21.29 per oz.

Key Points: 
  • Revenue from silver sales for 2023 totaled $42,849 (2022 – $38,245), an increase of 12% representing an average realized price of $21.29 per oz.
  • Operations generated a gross margin of $15,807 in 2023 compared to $10,284 in 2022, an increase of 54%.
  • Net income was $5,332 (diluted EPS of $0.04) in 2023, compared to a net of $1,398 (diluted EPS of $0.01) in 2022.
  • Cash flow generated by operating activities of $5,677 in Q4-2023, compared to $3,639 million generated in operating cash flow in Q4-2022.

Five Iron Golf Expands Boston Footprint with New Seaport Location

Retrieved on: 
Thursday, March 28, 2024

Boston, MA, March 28, 2024 (GLOBE NEWSWIRE) -- Five Iron Golf, the nation’s leader in indoor golf and entertainment experiences, is thrilled to announce the signing of a lease for its second location in Boston, located at 311 Summer Street in the vibrant Seaport neighborhood.

Key Points: 
  • Boston, MA, March 28, 2024 (GLOBE NEWSWIRE) -- Five Iron Golf, the nation’s leader in indoor golf and entertainment experiences, is thrilled to announce the signing of a lease for its second location in Boston, located at 311 Summer Street in the vibrant Seaport neighborhood.
  • The new location, spanning 16,000 square feet across two floors, will feature 13 state-of-the-art golf simulators equipped with TrackMan technology, providing golf enthusiasts with an unparalleled experience.
  • "We have loved seeing the energy and success of our first Boston location and are excited to bring it to the Seaport neighborhood.
  • For more information about Five Iron Golf and updates on the new Boston location, visit FiveIronGolf.com and follow @fiveirongolf on social media.

Dundee Corporation Holds the Line on Cost Reduction, Announces Fourth Quarter and Year-End Results

Retrieved on: 
Wednesday, March 27, 2024

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months and year ended December 31, 2023.

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months and year ended December 31, 2023.
  • Reported a net loss from portfolio investments for the fourth quarter of 2023 of $0.8 million (2022 – income of $39.9 million).
  • For the year ended December 31, 2023, the Corporation reported a net loss from portfolio investments of $23.0 million (2022 – income of $53.6 million).
  • Reported consolidated general and administrative expenses for the current quarter of $2.5 million (2022 – $7.1 million), representing a 65% year-over-year decline as Dundee sustains momentum with cost-cutting initiatives.

Canacol Energy Ltd. Announces New Gas Discovery at Pomelo 1

Retrieved on: 
Wednesday, March 27, 2024

CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Pomelo 1 gas discovery.

Key Points: 
  • CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Pomelo 1 gas discovery.
  • The well encountered 96 feet true vertical depth of net gas pay with average porosity of 21 percent within the primary Cienaga de Oro (“CDO”) sandstone reservoir.
  • The CDO reservoir was perforated over a 48-foot Interval and was tied into the existing flowline to the Betania substation.
  • The Corporation is currently mobilizing the rig to drill the Chontaduro 1 exploration well located approximately 3 kilometers to the north of Pomelo discovery.