The Alafia by LGI Homes at Spring Hill The Alafia is a charming two-bedroom, 2 bath home that features bright windows and an open-entertainment space. TAMPA, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced its continued expansion in the Tampa, Florida area with the introduction of new scattered lot homesites located throughout the city of Spring Hill. This new offering broadens LGI’s presence in the Nature Coast region and complements its existing community, Royal Highlan ...

Core Viewpoint - Canacol Energy Ltd. reported its financial and operational results for Q1 2025, highlighting a strong net income increase despite a decrease in sales volumes and adjusted EBITDAX [1][4]. Financial Highlights - Total revenues for Q1 2025 decreased by 6% to $72.7 million compared to $77.7 million in Q1 2024 [4][11]. - Adjusted EBITDAX fell by 8% to $56.3 million in Q1 2025 from $61.0 million in Q1 2024, primarily due to lower sales volumes [4][11]. - Adjusted funds from operations decreased by 7% to $39.3 million in Q1 2025 compared to $42.2 million in Q1 2024 [4][11]. - Net income surged to $31.8 million in Q1 2025, a 770% increase from $3.7 million in Q1 2024, attributed to a non-cash deferred income tax recovery [4][11]. - Net cash capital expenditures rose by 41% to $50.5 million in Q1 2025 from $35.9 million in Q1 2024, reflecting increased spending on drilling and workovers [4][11]. Operational Highlights - Natural gas and LNG production decreased by 13% to 133,773 Mcfpd in Q1 2025 from 154,043 Mcfpd in Q1 2024 [12]. - Realized contractual natural gas sales volume dropped by 14% to 128.7 MMcfpd in Q1 2025 compared to 150.4 MMcfpd in Q1 2024 [4][12]. - Operating netback for natural gas and LNG increased by 12% to $5.48 per Mcf in Q1 2025 from $4.90 per Mcf in Q1 2024 [4][12]. Strategic Outlook - Canacol plans to optimize production and increase reserves by drilling up to 11 exploration/appraisal wells and three development wells in 2025 [3]. - The company aims to reduce debt and lay the groundwork for operations in Bolivia by 2026 [3][10]. - Continued commitment to ESG strategies on a cost-effective basis is emphasized [3].

CALGARY, Alberta and TORONTO, May 08, 2025 (GLOBE NEWSWIRE) -- Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“Magnetic North” or the “Company”) announces that it did not meet the filing date of April 30th for filing of the following continuous disclosure documents (collectively, the “Annual Filings”): the Company’s Annual Audited Financial Statements for the year ended December 31, 2024, as required by section 4.2 of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”);the ...

First Quarter 2025 net margin growth of 26.4% over prior year, with 3.8 million accounts served (1) ATLANTA, May 08, 2025 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (Atlanticus, the Company, we, our or us), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced its financial results for the first quarter ended March 31, 2025. An accompanying earnings presentatio ...

Core Viewpoint - Firm Capital Property Trust has successfully closed the sale of a 100% interest in an industrial facility for approximately $27.9 million, allowing for reinvestment into smaller multi-tenant industrial units and reducing exposure to large tenants [1][2][3]. Group 1: Sale Details - The industrial facility sold was 159,470 square feet and was part of the Montreal Industrial Portfolio Joint Venture since 2018, originally purchased for $11.0 million [2]. - The Trust's portion of the gross proceeds after closing costs is approximately $13.8 million, contributing to a gain on sale of approximately $16.0 million for the Montreal Industrial JV [1][4]. Group 2: Financial Impact - The sale is expected to increase the capital gains portion of the Trust's 2025 distribution by approximately $0.18 per Trust Unit, compared to $0.08 per Trust Unit in 2024 [4]. - The Trust plans to use its net proceeds to repay debt on its revolving credit facility and fund future acquisitions in grocery-anchored retail, multi-tenant industrial, and multi-residential rentals [3]. Group 3: Strategic Focus - Firm Capital Property Trust aims to create long-term value through capital preservation and disciplined investing, focusing on a diversified property portfolio that includes multi-residential, flex industrial, and net lease convenience retail [5]. - The Trust will pursue both standalone acquisitions and joint acquisitions with strong financial partners to enhance liquidity and management [5].

Core Viewpoint - U.S. Global Investors, Inc. reported a net loss for Q1 2025 amid challenging market conditions, while emphasizing strategic investments in gold and digital assets as potential growth areas [1][2][3]. Financial Performance - The company reported operating revenues of $2.1 million and a net loss of $382,000, or $0.03 per share, for the quarter ended March 31, 2025 [1][21]. - Total assets under management (AUM) decreased to approximately $1.2 billion from $1.5 billion at the end of 2024 [1]. Investment Strategies - The company is increasing its investment in Bitcoin and HIVE Digital Technologies, citing a favorable regulatory environment for digital assets [3]. - The company's shareholder yield as of March 31, 2025, was 10.5%, significantly higher than the yields on five-year and ten-year Treasury bonds [2]. Market Trends - The U.S. Global Technology and Aerospace & Defense ETF (WAR) launched in December 2024, is gaining traction amid rising geopolitical risks and increased global defense spending, which reached a record $2.7 trillion in 2024 [4][5]. - Gold prices reached all-time highs in early 2025, with global demand hitting nearly 5,000 metric tons in 2024, primarily driven by central bank purchases [9][10]. Shareholder Initiatives - The company approved a monthly dividend of $0.0075 per share starting in April 2025, with scheduled payment dates through June 2025 [15]. - A share repurchase program allows for the annual purchase of up to $5 million of outstanding common shares, with 784,466 shares repurchased in the 12 months ending March 31, 2025, marking a 12% increase from the previous year [16]. Liquidity Position - As of March 31, 2025, the company reported approximately $26.3 million in cash and cash equivalents, providing substantial flexibility for future opportunities [19].

MONTREAL, May 08, 2025 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) announces that it has completed its name change to “OR Royalties Inc.” and “Redevances OR Inc.” in French following receipt of shareholder approval at the annual and special meeting of shareholders held earlier today. The Corporation’s common shares will commence trading under the new name on the New York Stock Exchange and the Toronto Stock Exchange at the start of trading on May 13, 2025. ...

Core Insights - Burgundy Diamond Mines Ltd., André Messika Ltd., and Crossworks Manufacturing Ltd. have formed a strategic global partnership to market Burgundy's collection of fancy yellow diamonds [1][2] - The collaboration emphasizes provenance, traceability, and product excellence, utilizing Sarine's Diamond Journey™ technology for tracking diamonds from rough to polished [3][4] Company Overview - Burgundy Diamond Mines is an independent global diamond company focused on a vertically integrated business model, capturing value across the entire diamond value chain from mining to marketing [6] - The company operates the Ekati Diamond Mine in Canada and has a diamond cutting and polishing facility in Perth, enhancing its access to the full diamond value chain [6] Partnership Details - Crossworks will cut and polish Burgundy's fancy yellow rough diamonds, which will be exclusively distributed through Messika's network, accompanied by a Burgundy Certificate of Origin [2][4] - The partnership aims to showcase the rarity and quality of the diamonds, ensuring high standards of craftsmanship at Crossworks' facility [4][5] Leadership Statements - Brad Baylis, CFO of Burgundy, expressed confidence in the partnership's potential to maximize the value of the diamonds through Crossworks' manufacturing capabilities and Messika's market position [5] - Ilan Messika, CEO of Messika, highlighted the collaboration as an exciting opportunity to present extraordinary diamonds to exclusive jewellery houses [5] - Itay Ariel, Director of Crossworks, emphasized the privilege of showcasing Canadian diamonds on a global stage, representing excellence in craftsmanship and distribution [6]

Responds to Recent Public Stockholder Communications Urges Stockholders to Protect Their Investment by Voting “FOR” the Company’s Highly Qualified Director Nominees LEXINGTON, Mass., May 08, 2025 (GLOBE NEWSWIRE) -- Keros Therapeutics, Inc. (“Keros”, the “Company” or “we”) (Nasdaq: KROS), a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapeutics to treat a wide range of patients with disorders that are linked to dysfunctional signaling of the transforming growt ...

Core Viewpoint - Koss Corporation reported a slight increase in net sales for the third quarter of fiscal year 2025, but continued to experience net losses, highlighting challenges in certain market segments and the impact of external factors such as tariffs on product costs [2][4]. Financial Performance - Net sales for the three months ended March 31, 2025, were $2,781,006, an increase of $143,400, or 5.4%, compared to $2,637,606 for the same period in the prior year [2]. - For the nine months ended March 31, 2025, net sales reached $9,539,960, reflecting an increase of $168,292, or 1.8%, over the prior year's $9,371,668 [3]. - The net loss for the third quarter of fiscal year 2025 was $316,742, slightly higher than the net loss of $313,780 for the same quarter in the previous year [2]. - The net loss for the nine months ended March 31, 2025, was $642,135, showing improvement compared to a net loss of $840,542 for the same period in the prior year [3]. Sales and Market Dynamics - A significant increase in sales to distributors in Europe and Asia, driven by new product success, was a key factor in the overall sales improvement for the fiscal year-to-date [4]. - Direct-to-consumer (DTC) sales contributed to sales growth, but a nearly 60% drop in sales to the education markets due to project postponements and lower domestic distributor sales offset some of the gains [4]. Margin and Cost Analysis - Margin improvement of over 600 basis points during the first nine months of fiscal year 2025 was attributed to the adverse impact on prior year's margins from higher transit costs [4]. - The write-off of obsolete products during the current year partially offset margin gains [4]. Strategic Considerations - The company is closely monitoring recent tariff announcements that could significantly impact product costs, particularly since a substantial portion of its products are sourced from China [4]. - A strategic response is being developed to mitigate potential adverse effects on operations and financial condition [4].