Toronto, Ontario--(Newsfile Corp. - Le 8 mai/May 2025) - Star Copper Corp. (“Star Copper” or the “Company”) has announced that, further to its news release dated May 6, 2025, the previously announced plan of arrangement (the “Arrangement”) will become effective on May 9, 2025 (the “Effective Date”). Star Copper shareholders of record as at the close of business on May 8, 2025 (the “Shareholders”) will receive, for each existing common share of the Company held immediately prior to the Effective Date: (i) ...

Financial Data and Key Metrics Changes - The company reported a net income of $86 million for the second quarter of fiscal 2025, which is $18 million higher than the prior year period, driven by a $32 million increase in adjusted EBITDA [8] - Adjusted EBITDA rose by $32 million to $128 million due to higher home heating oil and propane volumes sold and improved margins [8] - For the first half of fiscal 2025, net income was $119 million, an increase of $37 million compared to the prior year, largely due to a $34.6 million increase in adjusted EBITDA [10] Business Line Data and Key Metrics Changes - Home heating oil and propane volume increased by 27 million gallons or 23% to 144 million gallons in the second quarter, attributed to acquisitions and colder weather [7] - For the first half of fiscal 2025, home heating oil and propane volume rose by 29 million gallons or 14.7% to 226 million gallons [9] - Product gross profit increased by $52 million or 25% to $258 million in the second quarter, driven by higher volumes and margins [7] Market Data and Key Metrics Changes - Temperatures during the second quarter were 13% colder than the previous year but still 4.5% warmer than normal, impacting heating demand positively [7] - The geographic areas of operation experienced temperatures that were 9.4% colder than the prior year for the fiscal year to date [9] Company Strategy and Development Direction - The company is focusing on operational execution and efficiency while expanding its HVAC business [6] - Recent acquisitions totaling $126.5 million have been completed, enhancing the company's market presence [5] - The company raised its annual dividend by $0.05 to $0.74 per unit, reflecting a commitment to maximizing shareholder returns [5] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with the team's response to increased demand due to colder temperatures and highlighted ongoing efforts to improve service and installation profitability [6] - The company anticipates further investment opportunities during the summer to advance business development initiatives [7] Other Important Information - The company recorded a $3.1 million expense under its weather hedge for the second quarter, compared to a benefit of $6.5 million in the prior year [8] - Delivery, branch, and general & administrative expenses increased by $22 million year over year, with $9.6 million attributed to the weather hedging program [8] Q&A Session Summary Question: Changes to the buyback program due to recent acquisitions - Management confirmed there has been no change to the buyback program, which is currently on automatic pilot [15][16] Question: Acquisition pipeline focus on HVAC installation servicing - The company is primarily focused on distribution side acquisitions, particularly in heating oil and propane, while also building its HVAC business organically [17] Question: Customer payment ability and credit loss allowances - Historically, the bad debt rate has been around 3% of sales, and management noted that customers prioritize paying for home heating oil during winter [19] Question: Impact of tariffs on heating oil prices - Management acknowledged experiencing price increases on the HVAC side due to tariffs, with vendor notice allowing for price adjustments [24] Question: Availability of acquisitions and execution capability - Management indicated no significant changes related to taxes affecting acquisition availability and noted a busy heating season with pent-up demand [25]

Financial Data and Key Metrics Changes - The company reported a net income of $86 million for Q2 2025, an increase of $18 million compared to the prior year period, driven by a $32 million increase in adjusted EBITDA [9] - Adjusted EBITDA rose by $32 million to $128 million due to higher home heating oil and propane volumes sold and improved margins [9][11] - For the first half of fiscal 2025, net income was $119 million, up $37 million from the previous year, largely due to a $34.6 million increase in adjusted EBITDA [11] Business Line Data and Key Metrics Changes - Home heating oil and propane volume increased by 27 million gallons or 23% to 144 million gallons in Q2 2025, attributed to colder weather and acquisitions [7] - Product gross profit increased by $52 million or 25% to $258 million, driven by higher sales volumes and margins [8] - The service and installation business contributed an increase in adjusted EBITDA of $1.6 million [8] Market Data and Key Metrics Changes - Temperatures during Q2 2025 were 13% colder than the previous year but still 4.5% warmer than normal, impacting heating oil and propane demand [8] - For the first half of fiscal 2025, temperatures were 9.4% colder than the prior year, contributing to a 14.7% increase in home heating oil and propane volume [10] Company Strategy and Development Direction - The company has completed $126.5 million in acquisitions since February 2024, enhancing its market presence [5] - The company raised its annual dividend by $0.05 to $0.74 per unit, reflecting a commitment to maximizing shareholder returns [5] - There is a focus on operational execution and efficiency, alongside ongoing expansion in the HVAC business [6] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with the team's response to increased demand due to colder temperatures and emphasized the importance of service quality [6] - The company anticipates opportunities for further investment in the summer and is focused on business development initiatives [6] Other Important Information - The company recorded a $3.1 million expense under its weather hedge for Q2 2025, compared to a benefit of $6.5 million in the same period last year [9] - Delivery, branch, and general & administrative expenses increased by $22 million year-over-year, with $9.6 million attributed to the weather hedging program [8] Q&A Session Summary Question: Any changes to the buyback program due to recent acquisitions? - Management stated there has been no change to the buyback program, which is currently on automatic pilot [16][17] Question: Are there any acquisitions in the HVAC installation servicing business? - Management indicated that the focus is primarily on distribution side acquisitions, with limited internal organic growth in HVAC [18] Question: Any changes in customers' ability to pay? - Historically, the bad debt rate has been around 3% of sales, and management noted that customers prioritize paying for home heating oil during winter [20] Question: Anticipated impact from tariffs on heating oil prices? - Management acknowledged price increases on HVAC parts and equipment due to tariffs, ranging from 3% to 15% [24] Question: Any changes in acquisition availability due to tax or other factors? - Management noted no significant changes related to taxes but mentioned a busy heating season and potential opportunities post-season [26]

EXHIBIT 99.1 Star Group, L.P. Reports Fiscal 2025 Second Quarter Results STAMFORD, Conn., May 07, 2025 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2025 second quarter, the three month period ended March 31, 2025. Star's net income increased by $17.5 million in the quarter, to $85.9 million, as a $31.9 million increase in Adjusted EBITDA was partially offset by a $6.9 million great ...

Core Viewpoint - Star Group, L.P. reported strong financial results for the second quarter of fiscal 2025, driven by increased sales volumes and colder weather, despite lower selling prices for petroleum products [2][5]. Financial Performance - Total revenue for the second quarter increased by 11.6% to $743.0 million compared to $666.0 million in the same period last year, primarily due to higher volumes sold [2]. - The volume of home heating oil and propane sold rose by 22.9% to 143.9 million gallons, attributed to colder weather and acquisitions [2][5]. - Net income for the quarter increased by $17.5 million to $85.9 million, supported by a $31.9 million rise in Adjusted EBITDA [3][7]. Adjusted EBITDA - Adjusted EBITDA for the second quarter was $128.2 million, up from $96.3 million in fiscal 2024, reflecting improved margins and increased sales volume [4][8]. - The company faced a $9.6 million negative impact from its weather hedge, recording an expense of $3.1 million due to colder temperatures compared to a credit of $6.5 million in the prior year [4][8]. Year-to-Date Performance - For the six months ended March 31, 2025, total revenue increased by 3.1% to $1.2 billion, with home heating oil and propane volumes up by 14.7% to 226.3 million gallons [6][8]. - Year-to-date net income rose by $37.4 million to $118.8 million, driven by higher Adjusted EBITDA and favorable changes in the fair value of derivative instruments [7][8]. Operational Highlights - The company completed $126.5 million in acquisitions since February 1, 2024, contributing to the volume increase [5]. - Star Group raised its annual dividend by $0.05 to $0.74 per unit, reflecting confidence in its operational performance [5]. Market Conditions - The temperatures in Star's operational areas were 12.9% colder than the same period last year but 4.5% warmer than normal, impacting sales positively [2][6]. - The decline in selling prices was largely due to a decrease in wholesale product costs, which fell by $0.2887 per gallon, or 10.9% [2]. Summary of Sales - Total sales for the second quarter reached $743.0 million, with product sales at $665.1 million and installation and services at $77.9 million [18]. - For the six months, total sales were $1.231 billion, with product sales at $1.064 billion and installation and services at $166.5 million [18]. Cash Flow and Investments - Net cash provided by operating activities for the second quarter was $48.6 million, while net cash used in investing activities was $81.8 million [20]. - The company sold 143.9 million gallons of home heating oil and propane in the second quarter, compared to 117.1 million gallons in the prior year [20].

Financial Performance - Total sales for the three months ended March 31, 2025, increased to $743,045,000, up 11.6% from $666,032,000 in the same period of 2024[12]. - Net income for the three months ended March 31, 2025, was $85,911,000, representing a 25.7% increase compared to $68,374,000 in the prior year[16]. - Basic and diluted income per Limited Partner Unit rose to $2.01 for the three months ended March 31, 2025, compared to $1.56 for the same period in 2024, marking a 28.8% increase[12]. - Operating income for the six months ended March 31, 2025, was $174,591,000, a significant increase from $121,952,000 in the same period of 2024, representing a 43.1% growth[12]. - Net income for the six months ended March 31, 2025, was $118.8 million, a 46% increase compared to $81.4 million for the same period in 2024[24]. - For the three months ended March 31, 2025, net income increased by $17.5 million to $85.9 million, primarily due to a $31.9 million increase in Adjusted EBITDA[143]. - Adjusted EBITDA for the same period increased by $31.9 million to $128.2 million, driven by recent acquisitions and higher margins in home heating oil and propane[144]. - For the six months ended March 31, 2025, total product gross profit was $408.9 million, an increase of $57.8 million or 16.5% compared to the same period in 2024, driven by higher home heating oil and propane volume sold and improved margins[153]. Assets and Liabilities - Total current assets increased to $330,807,000 as of March 31, 2025, up 17.5% from $281,469,000 as of September 30, 2024[10]. - Total assets reached $1,059,466,000 as of March 31, 2025, a 12.8% increase from $939,611,000 as of September 30, 2024[10]. - Current liabilities increased to $386,095,000 as of March 31, 2025, compared to $373,796,000 as of September 30, 2024, reflecting a 3.2% rise[10]. - Long-term debt decreased to $177,494,000 as of March 31, 2025, down from $187,811,000 as of September 30, 2024, a reduction of 5.0%[10]. - As of March 31, 2025, the company's total debt amounted to $220.8 million, an increase from $208.8 million as of September 30, 2024[76]. - The company had $212.6 million in availability as of March 31, 2025, an increase from $166.5 million at September 30, 2024[86]. Cash Flow and Expenditures - The total cash, cash equivalents, and restricted cash at the end of March 2025 was $18.8 million, down from $117.6 million at the end of September 2024[32]. - Operating activities resulted in a net cash outflow of $15.96 million for the six months ended March 31, 2025, compared to an outflow of $5.18 million for the same period in 2024[24]. - Capital expenditures for the six months ended March 31, 2025, were $6.53 million, slightly higher than $6.02 million for the same period in 2024[24]. - Cash used in operating activities increased by $10.8 million to $16.0 million for the six months ended March 31, 2025, due to higher accounts receivable and inventory purchases[172]. - The company plans to invest approximately $6.0 million to $7.0 million in maintenance capital expenditures for the remainder of fiscal 2025[182]. Customer and Market Dynamics - The company served approximately 419,700 full-service residential and commercial home heating oil and propane accounts as of March 31, 2025[31]. - The company experienced a net customer attrition of 6,000 accounts, or 1.5% of its home heating oil and propane customer base, for the six months ended March 31, 2025[114]. - The gross customer gains for fiscal 2025 totaled 25,200, while gross customer losses amounted to 31,200, resulting in a net attrition of 6,000[113]. - The company’s customer gains as a percentage of the home heating oil and propane customer base for fiscal 2025 was 6.3%, while losses were 7.8%[114]. Acquisitions and Investments - The company made acquisitions totaling $79.6 million during the six months ended March 31, 2025, compared to $22.6 million in the prior year[24]. - The company acquired one heating oil and two propane businesses for approximately $79.6 million during the six months ended March 31, 2025[116]. - The gross purchase price for the acquired businesses was allocated $37.5 million to intangible assets and $16.8 million to goodwill[72]. Revenue and Sales - Product sales increased by $69.8 million, or 11.7%, to $665.1 million for the three months ended March 31, 2025, driven by a 17.3% increase in total volume sold[126]. - Installation and service revenue increased by $7.2 million, or 10.2%, to $77.9 million for the three months ended March 31, 2025, supported by recent acquisitions and expanded offerings[127]. - Retail volume of home heating oil and propane sold increased by 29.0 million gallons, or 14.7%, to 226.3 million gallons for the six months ended March 31, 2025[148]. - Cost of product increased by $17.5 million, or 4.5%, to $406.9 million for the three months ended March 31, 2025, due to an increase in total volume sold[128]. Expenses and Profitability - Delivery and branch expense increased by $20.8 million, or 20.0%, to $124.9 million for the three months ended March 31, 2025, influenced by weather hedge contracts and expenses from recent acquisitions[136]. - General and administrative expenses increased by $1.3 million, or 18.9%, to $8.2 million for the three months ended March 31, 2025, primarily due to an increase in profit sharing expense[138]. - Net interest expense increased by $0.7 million, or 16.3%, to $4.5 million for the three months ended March 31, 2025, driven by an increase in average borrowings[140]. - Income tax expense increased by $6.9 million to $34.8 million for the three months ended March 31, 2025, due to a $24.4 million increase in income before income taxes[142]. Risk Management and Hedging - The company has weather hedge contracts with a maximum potential payout of $15 million for fiscal 2025[37]. - The company recorded a payable of $3.1 million under weather hedge contracts as of March 31, 2025, due to colder temperatures than anticipated[103]. - The company has interest rate swap agreements to mitigate exposure to market risk associated with variable rate interest on $76.3 million, or 38%, of its long-term debt as of March 31, 2025[60]. - A hypothetical 10% increase in product costs could increase the fair market value of outstanding derivatives by $4.1 million[195].

Core Viewpoint - The entertainment industry has shown resilience in 2025, with certain stocks outperforming the broader market despite economic challenges and mixed earnings results [1][2]. Group 1: Roblox - Roblox has achieved a total return of approximately 22% in 2025, rebounding significantly after a drop of 11% following its Q4 2024 earnings release [2][3]. - The company's Q1 earnings report indicated a 26% increase in daily active users and a 30% rise in user engagement hours, alongside a 26% reduction in loss per share [4]. - Analysts project a moderate bullish outlook for Roblox, with a price target indicating over 8% upside potential [5]. Group 2: Spotify - Spotify has delivered a remarkable total return of about 41% in 2025, the highest among large-cap communications stocks globally [7][8]. - The company reported its first full year of profitability, driven by cost-cutting measures and price increases, leading to a 13% share price increase post-Q4 2024 earnings [9]. - Despite a high forward P/E ratio of around 57, the forward P/FCF ratio is more favorable at approximately 38, with analysts suggesting a 3% upside from the current price [10][11]. Group 3: Tencent Music - Tencent Music has seen a strong performance with a 28% increase in 2025, largely attributed to an 8% revenue growth reported in mid-March [12][13]. - The company experienced an 18% increase in revenue from music subscriptions and a significant 740 basis point improvement in adjusted operating margin, resulting in a 47% jump in adjusted EPS [13]. - With a market capitalization significantly lower than Spotify's, Tencent Music presents a higher upside potential, with a forward P/FCF ratio of about 19 and an estimated 18% upside in shares post-earnings [14].

Toronto, Ontario--(Newsfile Corp. - May 5, 2025) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios Gold") today announced that the parties have mutually agreed to terminate the previously announced non-binding Letter of Intent ("LOI") dated February 28, 2025, regarding the proposed acquisition by Star Gold of all the issued and outstanding shares of Romios' wholly owned affiliate, Romios Gold Nevada Inc.The contemplated transaction, which included the transfer of ownership and ...

Core Viewpoint - Star Group, L.P. is set to release its fiscal 2025 second quarter results on May 7, 2025, with a subsequent conference call scheduled for May 8, 2025, to discuss the financial performance for the three and six months ended March 31, 2025 [1]. Company Overview - Star Group, L.P. is a full-service provider specializing in home heating products and services for residential and commercial customers, including heating and air conditioning equipment [3]. - The company is recognized as the largest retail distributor of home heating oil in the U.S. based on sales volume, serving customers primarily in the Northeast and Mid-Atlantic regions [3]. - In addition to home heating oil, Star also sells diesel, gasoline, and provides delivery services [3]. Upcoming Events - The fiscal 2025 second quarter results will be available after market close on May 7, 2025, followed by a management-hosted webcast and conference call on May 8, 2025, at 11:00 a.m. Eastern Time [1][2].

Core Points - The North Texas Food Bank (NTFB) is hosting the Taste! At The Star fundraiser on June 13, 2025, to support its Nourish the Future programs aimed at combating childhood hunger in North Texas [1][2] - The event is co-chaired by Ginny Kissling from Ryan and Tom Walker from the Dallas Cowboys, highlighting the collaboration between local businesses and organizations to address food insecurity [2][4] - Texas has the highest rate of child food insecurity in the nation, with 1 in 5 children in the 12 counties served by NTFB being food insecure, totaling 253,000 children [4][5] Fundraising Impact - Funds raised from last year's event provided over 1.6 million meals to families in need through various partnerships [5] - In the last fiscal year, NTFB provided access to more than 40 million meals, with specific programs serving over 2.7 million meals through the School Pantry Program and nearly 828,000 meals through the Food 4 Kids backpack program [5] - The event aims to raise critical funds to ensure that no child in North Texas has to worry about their next meal [3][4] Sponsorship and Support - Tyson Foods is the presenting sponsor of the event, emphasizing its commitment to addressing childhood hunger [6] - Other sponsors include the Dallas Cowboys, Ryan Foundation, and various local businesses, which play a crucial role in supporting NTFB's mission [6][7] - Sponsorship opportunities are still available, indicating ongoing community engagement and support for the cause [9] Ticketing and Participation - Tickets for the event are available starting at $1,750 for tables and $200 for individual tickets, encouraging community participation [8] - The event promises gourmet tastings, live entertainment, and auctions, creating an engaging experience for attendees while supporting a vital cause [3][8] Organizational Overview - NTFB has been a leading nonprofit organization in hunger relief for over 40 years, delivering more than 100 million meals annually [9][10] - The organization focuses not only on providing food but also on nutrition education and advocating for policies to tackle food insecurity [10] - NTFB holds a 4-star rating from Charity Navigator, reflecting its strong governance and financial stability [10]