Valleyfield

Cannara Biotech Inc. Reports Record Q3 2023 Financial Results with Net Revenues of $15.9 Million and Net Income of $2.9 million

Retrieved on: 
Thursday, July 27, 2023

ft., today announced its fiscal third quarter 2023 financial and operating results for the three- and nine-month periods ended May 31, 2023.

Key Points: 
  • ft., today announced its fiscal third quarter 2023 financial and operating results for the three- and nine-month periods ended May 31, 2023.
  • Net revenues increased by 22% QoQ, from $13 million in Q2 2023 to $15.9 million in Q3 2023.
  • Net income of $2.9 million, a 107% improvement compared to $1.4 million of net income for Q3 2022.
  • Free cash flow increased by 68% QoQ, from $1.9 million in Q2 2023 to $3.2 million in Q3 2023.

Cannara Biotech Inc. reports Q2 2023 Financial Results with quarterly net revenues of $13 million, a 76% increase compared to Q2 2022

Retrieved on: 
Monday, April 24, 2023

ft., today announced its fiscal second quarter 2023 financial and operating results for the three and six-month periods ended February 28, 2023.

Key Points: 
  • ft., today announced its fiscal second quarter 2023 financial and operating results for the three and six-month periods ended February 28, 2023.
  • Net loss of $600K, a 50% improvement compared to a $1.2M net loss for Q2 2022.
  • Nugz sales increased by 1030% in Q2 2023 compared to Q2 2022, and by 528% for the six-month period of 2023 compared to the same period in 2022.
  • Orchid CBD sales increased by 19% in Q2 2023 compared to Q2 2022, and by 42% for the six-month period of 2023 compared to the same period in 2022.

Cannara Biotech Inc. Reports Q1 2023 Financial Results

Retrieved on: 
Monday, January 23, 2023

ft., today announced its fiscal first quarter 2023 financial and operating results for the three-month period ended November 30, 2022.

Key Points: 
  • ft., today announced its fiscal first quarter 2023 financial and operating results for the three-month period ended November 30, 2022.
  • Q1 2023 revenue of $10.3 million, an 57% increase compared to Q1 2022.
  • Recorded Q1 2023 gross profit before fair value adjustments of $4 million, an increase of 34% compared to Q1 2022.
  • Nicholas Sosiak, Chief Financial Officer of Cannara added, "When compared to the previous year's Q1 results, the financials improved significantly across all metrics.

The Green Organic Dutchman Reports Record Monthly & Quarterly Revenue, Reports Second Quarter 2022 Results

Retrieved on: 
Monday, August 29, 2022

TORONTO, Aug. 29, 2022 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (CSE: TGOD) (OTC: TGODF), a sustainable global cannabis company, reports its financial results for the quarter ended June 30, 2022.

Key Points: 
  • TORONTO, Aug. 29, 2022 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (CSE: TGOD) (OTC: TGODF), a sustainable global cannabis company, reports its financial results for the quarter ended June 30, 2022.
  • Achieved record quarterly net revenues of $11.63 million, a 43% increase from Q2 2021, and a 10% increase from Q1 2022.
  • TGOD sales focused on three dried flower lines, Organic Maple Kush, Organic Sugarbush and Organic Cherry Mints.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/the-green-organic-dutchman-repo...
    SOURCE The Green Organic Dutchman Holdings Ltd.

Noranda Income Fund Announces First Quarter 2021 Results; Provides Update on Terms for 2021/2022 Contractual Period

Retrieved on: 
Friday, April 30, 2021

b'TORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX: NIF.UN) (the \xe2\x80\x9cFund\xe2\x80\x9d) today reported its financial results for the first quarter ended March 31, 2021.

Key Points: 
  • b'TORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX: NIF.UN) (the \xe2\x80\x9cFund\xe2\x80\x9d) today reported its financial results for the first quarter ended March 31, 2021.
  • The Fund also provided an update on the terms under which zinc concentrate will be purchased and zinc metal will be sold for the period of May 1, 2021, to April 30, 2022.
  • Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the \xe2\x80\x9cProcessing Facility\xe2\x80\x9d) located in Salaberry-de-Valleyfield, Quebec.
  • Further information about Noranda Income Fund can be found at: www.norandaincomefund.com .\n1Adjusted EBITDA is used by the Fund as an indication of cash generated from operations.

Noranda Income Fund Supports Mass Vaccination Efforts in Salaberry-de-Valleyfield Region

Retrieved on: 
Friday, April 9, 2021

This partnership has been formed to support mass vaccination efforts against COVID-19 in the Salaberry-de-Valleyfield, Quebec region where the Funds electrolytic zinc processing facility is located.

Key Points: 
  • This partnership has been formed to support mass vaccination efforts against COVID-19 in the Salaberry-de-Valleyfield, Quebec region where the Funds electrolytic zinc processing facility is located.
  • Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol NIF.UN.
  • Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the Processing Facility) located in Salaberry-de-Valleyfield, Quebec.
  • Further information about Noranda Income Fund can be found at:
    Chief Financial Officer of Canadian Electrolytic Zinc Limited, Noranda Income Funds Manager

The Green Organic Dutchman Holdings Ltd. Provides Update on Valleyfield Site

Retrieved on: 
Friday, February 19, 2021

TORONTO, Feb. 19, 2021 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. ("TGOD") or the "Company") (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, today unveiled plans to monetize under-utilized assets at its Valleyfield site.

Key Points: 
  • TORONTO, Feb. 19, 2021 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. ("TGOD") or the "Company") (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, today unveiled plans to monetize under-utilized assets at its Valleyfield site.
  • The Green Organic Dutchman Holdings Ltd. (TSX: TGOD ) (USOTC: TGODF) is a premium certified organically grown cannabis company focused on the health and wellness market.
  • For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca .
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/the-green-organic-dutchman-holdi...
    SOURCE The Green Organic Dutchman Holdings Ltd.

Noranda Income Fund Confirms Fourth Quarter and Fiscal 2020 Results Release Date

Retrieved on: 
Wednesday, February 17, 2021

TORONTO, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX:NIF.UN) (the Fund) will report its fourth quarter and fiscal 2020 financial results after markets close on Tuesday, February 23, 2021.

Key Points: 
  • TORONTO, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX:NIF.UN) (the Fund) will report its fourth quarter and fiscal 2020 financial results after markets close on Tuesday, February 23, 2021.
  • Fourth Quarter and Fiscal 2020 Results Conference Call:
    The recording will be available until midnight on March 3, 2021, conference ID 5594617 at 1-800-585-8367 (toll-free North America) or 416-621-4642.
  • Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol NIF.UN.
  • Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the Processing Facility) located in Salaberry-de-Valleyfield, Qubec.

Noranda Income Fund Achieves 2020 Zinc Production Guidance

Retrieved on: 
Friday, January 8, 2021

TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX:NIF.UN) (the Fund) today announced that its electrolytic zinc processing facility (the Processing Facility) located in Salaberry-de-Valleyfield, Qubec, has met its 2020 zinc metal production guidance of between 260,000 and 270,000 tonnes.

Key Points: 
  • TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX:NIF.UN) (the Fund) today announced that its electrolytic zinc processing facility (the Processing Facility) located in Salaberry-de-Valleyfield, Qubec, has met its 2020 zinc metal production guidance of between 260,000 and 270,000 tonnes.
  • Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol NIF.UN.
  • Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the Processing Facility) located in Salaberry-de-Valleyfield, Qubec.
  • The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern North America, where the majority of zinc customers are located.

Noranda Income Fund Announces Special Distribution of 2020 Taxable Income

Retrieved on: 
Friday, December 18, 2020

This special cash distribution is based on the Funds 2020 unconsolidated taxable income calculated in accordance with the Funds Trust Indenture.

Key Points: 
  • This special cash distribution is based on the Funds 2020 unconsolidated taxable income calculated in accordance with the Funds Trust Indenture.
  • The 2020 special distribution does not signal a return to regular recurring monthly distributions to Unitholders.
  • Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol "NIF.UN".
  • Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the "Processing Facility") located in Salaberry-de-Valleyfield, Qubec.