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Valo Networks Chooses Ekinops to Deliver 'Fiber to the Farm'

Retrieved on: 
Monday, April 29, 2024

Valo Networks, launched in 2019, specializes in operating next-generation fiber-optic and wireless networks.

Key Points: 
  • Valo Networks, launched in 2019, specializes in operating next-generation fiber-optic and wireless networks.
  • To serve Canadian communities like Red Deer County, Valo Networks created its Open Access Network (OAN) network architecture that provides scalable, accessible, and future-proof capacity that can be customized for individual communities.
  • Red Deer County contracted Valo Networks to oversee the expansion of broadband Internet services to thousands of rural residents under-served by existing private sector service providers.
  • "The key to our OAN architecture is its openness at all network layers," commented Michael Stelck, Chief Commercial Officer of Valo Networks.

A First in Western Canada: Avenue Living Leverages BMO's Retrofit Program to Add 179 New Rental Units in Downtown Edmonton

Retrieved on: 
Monday, April 29, 2024

Additionally, with a current purpose-built rental vacancy rate of 2.4 per cent in the city, the project's 179 new units will significantly contribute to meeting the demand for housing in Edmonton's downtown core.

Key Points: 
  • Additionally, with a current purpose-built rental vacancy rate of 2.4 per cent in the city, the project's 179 new units will significantly contribute to meeting the demand for housing in Edmonton's downtown core.
  • The BMO Retrofit Program is a testament to the way we collaborate across the bank, and partner with organizations and clients, to create new and effective sustainable solutions."
  • "We're excited to work with BMO on this project and retrofit our landmark 49-year-old building for the Edmonton community," said Jason Jogia, Chief Investment Officer, Avenue Living.
  • "The BMO retrofit program supports our responsible investment goal to offer workforce housing residents with a high quality, affordable, and comfortable living experience for years to come."

Northstar Announces 2023 Financial Results

Retrieved on: 
Monday, April 29, 2024

Mr. Aidan Mills, President & CEO and Director of Northstar, stated, "2023 and 2024 have represented a transformational time for the Northstar business.

Key Points: 
  • Mr. Aidan Mills, President & CEO and Director of Northstar, stated, "2023 and 2024 have represented a transformational time for the Northstar business.
  • November 2023 – Placed orders for three major long-lead equipment items for the Empower Calgary Facility, totaling $3.3 million in value.
  • December 2023 – Announced the closing of the first tranche of the convertible debenture unit private placement for gross proceeds of $2.26 million.
  • The Company will host a virtual investor webcast to discuss these financial results and to provide a business update to the investment community on Tuesday, April 30, 2024, at 14:00 PDT / 17:00 EDT.

Decibel Announces Year End and Fourth Quarter Results

Retrieved on: 
Monday, April 29, 2024

Gross Margin Before Fair Value Adjustments was 45% in the fourth quarter of 2023, compared to 43% in the fourth quarter of 2022.

Key Points: 
  • Gross Margin Before Fair Value Adjustments was 45% in the fourth quarter of 2023, compared to 43% in the fourth quarter of 2022.
  • Adjusted EBITDA(1) of $5.1 million in the fourth quarter of 2023, with a year over year decline of 27% over the fourth quarter of 2022.
  • Adjusted Net Income(1) of negative $132 thousand in the fourth quarter of 2023, with a decline of $1.9 million over the fourth quarter of 2022.
  • Leverage: At the end of the fourth quarter of 2023, Decibel had a funded debt to trailing twelve month EBITDA(2) of 1.58x.

Mark Carney's Economic "Lookahead" Lecture Becomes Unhinged on NetZero says Friends of Science Society

Retrieved on: 
Monday, April 29, 2024

CALGARY, AB, April 29, 2024 /PRNewswire-PRWeb/ -- As reported by the Globe and Mail on April 24, 2024, in Mark Carney's recent "Lookahead" speech to the Canada2020 think tank, Carney stated that Canadians are living through a "hinge moment of history," but Friends of Science Society sees his NetZero comments as unhinged.

Key Points: 
  • Friends of Science Society says Carney's view on NetZero is decidedly unhinged in light of Europe's NetZero rebellion and the Bank of Canada's recent call to 'break the glass' as domestic productivity declines.
  • Canada's immigration policies and housing policy cancel out any carbon tax sacrifices; NetZero is simply not possible without massive degrowth.
  • Friends of Science hosted Dr. Benny Peiser of the Global Warming Policy Foundation of the UK on April 09th, 2024, who showed the extent of Europe's NetZero rebellion .
  • Friends of Science says it is curious he fails to recognize the emissions of his housing plan.

EQS-News: Advanced Blockchain AG: Strong start into the year 2024

Retrieved on: 
Friday, May 3, 2024

April 16, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, has started the financial year 2024 with a strong performance.

Key Points: 
  • April 16, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, has started the financial year 2024 with a strong performance.
  • As of April 15, 2024, Advanced Blockchain records a cash balance on wallets and bank accounts exceeding €2 million.
  • In line with its growth trajectory, Advanced Blockchain is actively recruiting talent to bolster its workforce and advance the development of ABX Analytics.
  • Advanced Blockchain AG is dedicated to developing the future of Web 3.0 and innovating in different ecosystems and markets of the industry.

Rogers $1M Season of Canada’s Got Talent: Top Performances from Tonight’s Episode on Citytv

Retrieved on: 
Wednesday, April 17, 2024

82-year-old SOON KEUN KWON (Mississauga, ON) received a standing ovation after wow’ing the crowd with his incredible drum playing.

Key Points: 
  • 82-year-old SOON KEUN KWON (Mississauga, ON) received a standing ovation after wow’ing the crowd with his incredible drum playing.
  • Every Golden Buzzer recipient will receive $25,000 (totalling $150,000), courtesy of CIBC, to help realize their ambitions.
  • Together with Canada’s Got Talent, Rogers is committed to investing in premium original Canadian content while fostering homegrown talent.
  • Last year, Rogers contributed approximately $950M to Canadian content and produced over 12,700 hours of unique Canadian programming.

Equitable Holdings Reports First Quarter 2024 Results

Retrieved on: 
Tuesday, April 30, 2024

Net income attributable to Holdings for the first quarter of 2024 was $114 million compared to $177 million in the first quarter of 2023.

Key Points: 
  • Net income attributable to Holdings for the first quarter of 2024 was $114 million compared to $177 million in the first quarter of 2023.
  • Non-GAAP operating earnings in the first quarter of 2024 was $490 million compared to $364 million in the first quarter of 2023.
  • Adjusting for notable items4 of $1 million, first quarter 2024 Non-GAAP operating earnings were $491 million or $1.43 per share.
  • As of March 31, 2024, book value per common share, including accumulated other comprehensive income (“AOCI”), was $1.43.

Frontera Energy Provides Notice of First Quarter 2024 Financial Results and Conference Call

Retrieved on: 
Tuesday, April 30, 2024

CALGARY, AB, April 30, 2024 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces that the Company will release its financial and operational results for the first quarter ended March 31, 2024, after markets close on Wednesday, May 8, 2024.

Key Points: 
  • CALGARY, AB, April 30, 2024 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces that the Company will release its financial and operational results for the first quarter ended March 31, 2024, after markets close on Wednesday, May 8, 2024.
  • A conference call for investors and analysts will be held on Thursday, May 9, 2024, at 2:30 p.m. Eastern Time.
  • Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive Officer, René Burgos, Chief Financial Officer, and other members of the senior management team.
  • Analysts and investors are invited to participate using the following dial-in numbers:
    A replay of the conference call will be available until 11:59 p.m. Eastern Time on May 16, 2024.

Agilitas Energy Closes $100 Million to Accelerate Growth of its National Renewables & Energy Storage Platform

Retrieved on: 
Thursday, April 25, 2024

Agilitas Energy , the largest integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., today announced the closing of $100 million in debt financing to fund its growth and continued national expansion.

Key Points: 
  • Agilitas Energy , the largest integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., today announced the closing of $100 million in debt financing to fund its growth and continued national expansion.
  • The financing is a strategic milestone for the company and will accelerate Agilitas Energy’s build-out of solar and energy storage projects construction totaling more than 250 megawatts (MW) over the next three years.
  • Once built, the energy assets will be owned and operated by Agilitas Energy and AB CarVal ’s joint venture which was established in 2022 .
  • To learn more about how Agilitas Energy can deliver an energy solution or serve as a partner on a renewable project, please visit https://agilitasenergy.com/contact/ .