Pacific Ridge School

Harbor Custom Development, Inc. Reports 2023 Second Quarter and Year to Date Financial Results

Retrieved on: 
Monday, August 14, 2023

Gross loss for the second quarter 2023 increased to $(2.9) million compared to $(1.9) million for the second quarter 2022.

Key Points: 
  • Gross loss for the second quarter 2023 increased to $(2.9) million compared to $(1.9) million for the second quarter 2022.
  • Gross margin loss for the second quarter 2023 decreased to (14.7)% compared to (18.8)% for the second quarter 2022.
  • Operating expenses for the second quarter 2023 were $2.4 million compared to $3.7 million for the second quarter 2022.
  • EBITDA loss for the second quarter 2023 decreased from $(4.9) million in the second quarter 2022 to a loss of $(3.1) million for the second quarter 2023.

Sonic Milling™ Leads Sustainable Community Driven Oat Beverage Supply Partnering with Federated Co-operatives Limited

Retrieved on: 
Monday, July 17, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230717068735/en/
    The two organizations came together through a joint mission of supplying community-driven, farm-to-table, sustainable food products.
  • Sonic Milling’s first-to-market oat processing technology creates a more sustainable and nutritious beverage.
  • “It’s our goal to increase access to better quality, more nutritious, sustainable plant-based products,” said Ken Grenier, PACRIDGE Chief Executive Officer.
  • The FCL model is built on local, community driven sustainable product assortments.

Harbor Custom Development, Inc. Announces Updates on Multi-Family Projects in Washington

Retrieved on: 
Thursday, May 25, 2023

Harbor made a strategic pivot in the Company’s Western Washington portfolio last year, from single-family homes to focus on the development and construction of multi-family communities.

Key Points: 
  • Harbor made a strategic pivot in the Company’s Western Washington portfolio last year, from single-family homes to focus on the development and construction of multi-family communities.
  • In addition to Mills Crossing, Harbor has completed vertical construction on Pacific Ridge, an 80-unit project in Tacoma, Washington, and Wyndstone, a 76-unit apartment complex in Yelm, Washington.
  • The Company’s largest project Belfair View is a 228-unit garden-style apartment complex under construction in Belfair, Washington, currently in lease-up on the project’s first phase.
  • Harbor’s second largest project Meadowscape, is a 177-unit apartment complex located in Olympia, Washington, that will commence leasing in June.

Harbor Custom Development, Inc. Reports 2023 First Quarter Financial Results

Retrieved on: 
Monday, May 15, 2023

TACOMA, Wash., May 15, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative real estate company involved in all aspects of the land development cycle, today announced its financial results for the first quarter ended March 31, 2023.

Key Points: 
  • TACOMA, Wash., May 15, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative real estate company involved in all aspects of the land development cycle, today announced its financial results for the first quarter ended March 31, 2023.
  • Gross profit (loss) for the first quarter 2023 decreased to $(2.0) million compared to $6.1 million for the first quarter 2022.
  • Gross margin (loss) for the first quarter 2023 decreased to (22.3)% compared to 21.2% for the first quarter 2022.
  • EBITDA for the first quarter 2023 decreased from $3.5 million in the first quarter 2022 to a loss of $(4.5) million for the first quarter 2023.

PACRIDGE Expands Regenerative Farming Food Company Headquarters to NWA (Northwest Arkansas)

Retrieved on: 
Tuesday, February 21, 2023

PACRIDGE brings with it a deeply foundational vision of soil-to-shelf regenerative farming by empowering farmers, retailers and consumers with transparency and technology.

Key Points: 
  • PACRIDGE brings with it a deeply foundational vision of soil-to-shelf regenerative farming by empowering farmers, retailers and consumers with transparency and technology.
  • The new True Crops™️ app provides crop traceability from seed-to-self and improves access to regenerative food products one farm at a time.
  • PACRIDGE is also leading supply chain innovation with the first PACRIDGE net zero food processing plant.
  • Founded in 2021, the new facility (rendering attached) will expand PACRIDGE as the leader in regenerative food supply, powered by innovative technology.

Pacific Ridge Exploration Ltd. to Webcast Live at Battery & Precious Metals Virtual Investor Conference December 8th

Retrieved on: 
Tuesday, December 6, 2022

VANCOUVER, British Columbia, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (“Pacific Ridge” or the “Company”) (PEX: TSXV; PEXZF: OTCQB), a B.C.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (“Pacific Ridge” or the “Company”) (PEX: TSXV; PEXZF: OTCQB), a B.C.
  • based copper-gold exploration, today announced that Blaine Monaghan, President and CEO, will present live at VirtualInvestorConferences.com on December 8th, 2022.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Harbor Custom Development, Inc. Now Leasing Luxury Apartments in Tacoma

Retrieved on: 
Monday, November 28, 2022

TACOMA, Wash, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it is now leasing its luxury apartments in Tacoma, WA.

Key Points: 
  • TACOMA, Wash, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it is now leasing its luxury apartments in Tacoma, WA.
  • The Pacific Ridge apartments feature one and two bedrooms, and studio rentals in the Fern Hill neighborhood less than ten minutes from Tacomas bustling downtown.
  • We are excited to introduce our luxury apartments to the Tacoma area, said Jeff Habersetzer, COO of Harbor Custom Development, Inc. We believe the high-quality finishes, proximity to Interstate 5, and local conveniences makes Pacific Ridge an ideal home for renters in the area.
  • The community is one of six projects Harbor Custom Development, Inc. listed with Kidder Mathews earlier this year.

Pacific Ridge Exploration Ltd. to Webcast Live at VirtualInvestorConferences.com February 15th

Retrieved on: 
Monday, February 14, 2022

VANCOUVER, British Columbia, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (PEX: TSXV; PEXZF: OTCBB), based in Vancouver, focused on copper-gold projects in B.C., today announcedthat Blaine Monaghan, President & CEO of Pacific Ridge Exploration Ltd., will present live at VirtualInvestorConferences.com on February 15th, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (PEX: TSXV; PEXZF: OTCBB), based in Vancouver, focused on copper-gold projects in B.C., today announcedthat Blaine Monaghan, President & CEO of Pacific Ridge Exploration Ltd., will present live at VirtualInvestorConferences.com on February 15th, 2022.
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • About Pacific Ridge Exploration Ltd.
    Our goal is to become one of the leading copper-gold exploration companies in British Columbia.

Drilling Underway at Pacific Ridge's Kliyul Copper Gold Porphyry Project

Retrieved on: 
Thursday, August 5, 2021

Vancouver, British Columbia--(Newsfile Corp. - August 5, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the diamond drill program is now underway at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 5, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the diamond drill program is now underway at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1).
  • The Company plans to drill a minimum of 2,500 metres testing the Kliyul Main Zone ("KMZ") and two newly defined adjacent targets, Kliyul East and Kliyul West.
  • Limited historical drilling at Kliyul returned significant copper-gold porphyry mineralization, drill hole KLI-15-34 intercepted 245 metres of 0.75% CuEQ1 (see Pacific Ridge news release dated December 2, 2020).
  • "Kliyul represents an excellent opportunity to make a new copper-gold porphyry discovery," said Blaine Monaghan, President and CEO of Pacific Ridge.