International Financial Reporting Standards

Madison Pacific Properties Inc. announces the results for the three months ended November 30, 2023 and declares dividend

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星期六, 一月 13, 2024

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VANCOUVER, British Columbia, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the three months ended November 30, 2023 and declares dividend.

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VANCOUVER, British Columbia, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the three months ended November 30, 2023 and declares dividend.
Also included in net loss is a net loss on the fair value adjustment on investment properties of approximately $8.0 million (2022: net gain of $0.3 million).
The decision denied Madison Pacific Properties Inc.’s ability to use certain carryforward losses for certain taxation years within its 2009 to 2017 taxation years.
As at November 30, 2023, the Company owns approximately $687 million in investment properties, including the Company’s proportionate share of properties held through joint operations.

Fortuna pays down an additional $41 million of debt

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星期三, 一月 10, 2024

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VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to report that the Company has paid down an additional $41 million of its revolving credit facility at the end of the fourth quarter of 2023, using cash on hand.

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After the payment of $41 million, the Company expects to bring down the leverage ratio1 below 0.5 times total net debt2 to adjusted EBITDA3 (which was reported for the third quarter of 2023).
At December 31, 2023, it is expected that Fortuna’s total outstanding debt balance will stand at approximately $165 million on its credit facility (excluding letters of credit), and approximately $46 million of convertible notes, for an estimated total net debt, after cash and cash equivalents, of $83 million as at December 31, 2023.
This represents a reduction of approximately $50 million in total net debt in the period, reflecting cash flow contributions from the Séguéla Mine in its second full quarter of production.
The Q3 2023 MD&A may be accessed on SEDAR+ at www.sedarplus.ca under the Company’s profile

Wipro Announces Results for the Quarter-Ended December 31, 2023

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星期五, 一月 12, 2024

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter-ended December 31, 2023.

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Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter-ended December 31, 2023.
Results for the Quarter ended December 31, 2023:
Gross revenue reached Rs 222.1 billion ($2.7 billion1), a decrease of 1.4% QoQ.
However, the realized exchange rate in our IT Services business segment for the quarter ended December 31, 2023, was US$1= Rs 83.40.
The Wipro team will build a completely customized solution that will allow for flexibility and speed of execution in a time-bound manner using Wipro accelerators.

Canadian Natural Resources Limited Announces 2024 Budget

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星期四, 十二月 14, 2023

Certain statements relating to Canadian Natural Resources Limited (the "Company") in this document or documents incorporated herein by reference constitute forward-looking statements or information (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation.

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Certain statements relating to Canadian Natural Resources Limited (the "Company") in this document or documents incorporated herein by reference constitute forward-looking statements or information (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation.
In addition, reference is made to crude oil and natural gas in common units called barrel of oil equivalent ("BOE").
A BOE is derived by converting six thousand cubic feet ("Mcf") of natural gas to one barrel ("bbl") of crude oil (6 Mcf:1 bbl).
The capital budget is based on net capital expenditures (Non-GAAP Financial Measure) and excludes net acquisition costs.

High Arctic Acquires Private Rental Business in Canada

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星期四, 十二月 28, 2023

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CALGARY, Alberta, Dec. 28, 2023 (GLOBE NEWSWIRE) -- High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) announces that today it has closed the acquisition of Delta Rental Services Ltd. ("Delta") for aggregate purchase consideration of $7 million subject to earn-out provisions, pursuant to a Share Purchase Agreement between High Arctic and the shareholders of Delta (the "Delta Acquisition").

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Delta’s business is focussed on pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells, along with other well site rental equipment.
In its most recently completed financial year, Delta recorded over $8 million in revenue at margins consistent with High Arctic’s Canadian business.
Mike Maguire, CEO of High Arctic, said “Delta is an important strategic development for High Arctic.
We are excited to be bringing co-founder Mr. JD Morrical and the Delta team into High Arctic.

Calfrac Announces Continuation of Multi-Year Fracturing Fleet Modernization Plan

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星期五, 十二月 22, 2023

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The year-over-year increase in the Company’s capital program is primarily due to an acceleration of its fracturing fleet modernization plan in North America as well as approximately $40.0 million to support its Argentinian operations, and to a lesser extent, the implementation of companywide field-based technologies.

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The year-over-year increase in the Company’s capital program is primarily due to an acceleration of its fracturing fleet modernization plan in North America as well as approximately $40.0 million to support its Argentinian operations, and to a lesser extent, the implementation of companywide field-based technologies.
With the completion of the 2024 capital program, the Company anticipates having approximately seven Tier IV DGB fracturing fleets deployed in North America by the end of the third quarter in 2024.
The planned 2024 capital expenditures in Argentina are expected to be fully funded by cash on-hand and locally generated free cash flow.
This level of capital investment accelerates Calfrac’s Tier IV DGB fleet modernization program in North America allowing the Company to meet the increasing customer demand for next generation, lower emission dual-fuel equipment and keep pace with the evolving fracturing market.

Altamira Therapeutics Provides Investor and Business Update

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星期一, 十二月 11, 2023

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HAMILTON, BERMUDA, Dec. 11, 2023 -- Altamira Therapeutics Ltd. (Nasdaq: CYTO) ("Altamira" or the "Company"), a company dedicated to addressing unmet medical needs, today provided an investor and business update highlighting recent activities and milestones achieved following the Company’s partial spin-off of its Bentrio® business and pivot towards becoming a pure-play RNA delivery business.

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Company hosts Investor and Business Update call on December 11 at 8:30 a.m.
ET
HAMILTON, BERMUDA, Dec. 11, 2023 -- Altamira Therapeutics Ltd. (Nasdaq: CYTO) ("Altamira" or the "Company"), a company dedicated to addressing unmet medical needs, today provided an investor and business update highlighting recent activities and milestones achieved following the Company’s partial spin-off of its Bentrio® business and pivot towards becoming a pure-play RNA delivery business.
Meanwhile, Altamira is also pursuing the partnering of its other legacy assets, which include several development programs in inner ear therapeutics.
ET to discuss its investor and business update.

Xtract One Releases Record First Quarter Fiscal 2024 Results

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星期四, 十二月 7, 2023

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TORONTO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”) a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, is pleased to announce its first quarter results for the three months ended October 31, 2023.

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TORONTO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”) a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, is pleased to announce its first quarter results for the three months ended October 31, 2023.
All information is in Canadian dollars unless otherwise indicated.
“This has been a record quarter on all key performance indicators for the business.
Total contract value of new bookings as well as revenue for the Platform operating segment has nearly doubled from the previous quarter driven by strong demand for our products along with investments we made to increase manufacturing and deployment capacity,” stated Peter Evans, Chief Executive Officer of Xtract One.

MINILUXE REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER AND THIRTY-NINE WEEKS OF 2023

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星期四, 十一月 30, 2023

Toronto, Ontario, Nov. 30, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended October 1, 2023 (“Q3 2023”) and the 39 weeks ended October 1, 2023 (“YTD Q3 2023”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. FY2022 consisted of a 53-week period while all other fiscal years referred to in this release consist of 52-week periods. All quarters referred to in this release consist of 13-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars.

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Dollars
Announces Resilient Double-Digit Growth in Core Studio Base, Execution of
Toronto, Ontario, Nov. 30, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended October 1, 2023 (“Q3 2023”) and the 39 weeks ended October 1, 2023 (“YTD Q3 2023”).
The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks.
MiniLuxe is pleased to announce continued double-digit growth in year-over-year (“YoY”) revenue as well as positive traction in cost containment initiatives.
In addition to robust Q3 2023 revenue, the company underwent significant cost reduction and reconfiguration during the quarter.

BIGG Digital Assets Inc. Reports Financial Results For Q3 2023

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星期三, 十一月 29, 2023

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Dan Reitzik, BIGG Interim CEO commented, “While we are satisfied with Q3 results, we are certainly excited about the recent upswing in crypto trading volumes, prices, and activity for the future growth of Netcoins and Blockchain Intelligence Group. The closing of the acquisition of TerraZero positions an opportunity for all three companies to work better together. With TerraZero's Intraverse helping enterprise, SMBs, artists and creators deploy ready-to-go virtual environments, complete with ecommerce via fiat/credit cards for virtual and physical goods, the next step is to create opportunities where digital assets are purchased using Netcoins and secured with KYC/AML via Blockchain Intelligence Group. My goal with BIGG is to offer choice and versatility for all going forward, utilizing the unique products and services offered by Netcoins, Blockchain Intelligence, and TerraZero. This will enable the next iteration of today’s Internet, one where we do more than simply consume content--we experience it."

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Dan Reitzik, BIGG Interim CEO commented, “While we are satisfied with Q3 results, we are certainly excited about the recent upswing in crypto trading volumes, prices, and activity for the future growth of Netcoins and Blockchain Intelligence Group.
My goal with BIGG is to offer choice and versatility for all going forward, utilizing the unique products and services offered by Netcoins, Blockchain Intelligence, and TerraZero.
Selected financial and operating information should be read in conjunction with BIGG's unaudited condensed consolidated interim financial statements and related Management's Discussion and Analysis for the nine months ended September 30, 2023, available at www.sedarplus.ca.
All financial information in this press release is prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.