TRUBAR ANNOUNCES TIMING OF FISCAL FIRST QUARTER INVESTOR WEBINAR
Investor Webinar scheduled for Thursday, May 29, 2025, at 10:00 am ET (7:00 am PT)
VANCOUVER, BC, May 23, 2025 /CNW/ - TRUBAR Inc. (formerly, Simply Better Brands Corp.) (" TRUBAR" or the " Company") (TSX Venture: SBBC) (OTCQX: SBBCF), a better-for-you snacking company focused on delivering high-quality, plant-based protein products with exceptional taste and made with clean, recognizable ingredients, is pleased to announce that the Company will release its fiscal first quarter financial results for the period ended March 31, 2025, after market closing on Wednesday, May 28, 2025.
The Company will also host an investor webinar to provide a corporate update and discuss the Company's fiscal first quarter results on Thursday, May 29, 2025, at 10:00 am ET (7:00 am PT). The call will be hosted by: J.R. Kingsley Ward, Executive Chairman, and Erica Groussman, CEO & President.
Webinar Details:
Webinar Registration: https://bit.ly/SBBC-Q1-25-Investor-Webinar
Date: Thursday, May 29, 2025
Time: 10:00 am ET (7:00 am PT)
Dial-in by phone
+1 778 907 2071 (Vancouver Local)
+1 647 558 0588 (Toronto Local)
Click here to find local numbers
Meeting ID: 868 4843 4713
Please connect 5 minutes prior to the conference call to ensure time for any software download that may be required.
About TRUBAR Inc.
TRUBAR Inc. is a better-for-you snacking company focused on delivering high-quality, plant-based protein products with exceptional taste and made with clean, recognizable ingredients. TRUBAR™, the Company's signature product line, is distributed through national retailers, club stores, and e-commerce platforms across North America. The Company is focused on expanding TRUBAR™'s presence throughout North America and select international markets. For more information, visit: https://www.trubarinc.com/
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
Certain statements contained in this news release constitute "forward-looking information" and "forward looking statements" as such terms are used in applicable Canadian securities laws. Forward-looking statements and information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions, including, among others, that the Company's financial condition and development plans do not change as a result of unforeseen events, the regulatory climate in which the Company operates, and the Company's ability to execute on its business plans. Specifically, this news release contains forward-looking statements relating to, but not limited to expansion plans for TRU Brands products, and the success of the Company's marketing efforts.
Forward-looking statements and information are subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking statements and information. Factors that could cause the forward-looking statements and information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, ability to obtain necessary regulatory approvals for proposed transactions, as well as the other risks and uncertainties applicable to the plant-based food, clean ingredient skincare and plant-based wellness or broader wellness industries and to the Company, and as set forth in the Company's management's discussion and analysis available under the Company's SEDAR+ profile at www.sedarplus.com.
The above summary of assumptions and risks related to forward-looking statements in this news release has been provided in order to provide shareholders and potential investors with a more complete perspective on the Company's current and future operations and such information may not be appropriate for other purposes. There is no representation by the Company that actual results achieved will be the same in whole or in part as those referenced in the forward-looking statements and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
7 hours ago
- Cision Canada
PLS PROJECT WINTER DRILLING DELIVERS POSITIVE RESULTS AT SALOON EAST
PERTH, Australia, June 2, 2025 /CNW/ - Paladin Energy Ltd (ASX: PDN) (TSX: PDN) (OTCQX: PALAF) (" Paladin" or the " Company") is pleased to advise it has successfully completed a winter exploration program at the Patterson Lake South (PLS) high-grade uranium project in the Athabasca Basin region of Saskatchewan, Canada. The winter program was carried out in line with the Company's strategic objective to identify additional uranium mineralization outside of the Triple R deposit within the largely underexplored 31,039-hectare PLS project. View PDF The results represent the strongest radioactivity identified outside of the Triple R Deposit at PLS. Twenty drillholes totalling 7,102.9m were completed between February and May 2025, with eleven drillholes targeting the Saloon East area, 3.5km southeast of the Triple R deposit (Figure 1 and Table 1). All eleven drillholes at Saloon East intersected highly elevated radioactivity in multiple zones and over significant widths with downhole gamma probe peaks up to 51,303 counts per second (cps). Radioactivity across the Saloon East area has been defined by drilling in two areas separated by 550m (Figure 2), between 200m and 420m vertically from surface within a consistent package of steeply southeast dipping, hydrothermally altered and structurally deformed basement rocks. Drilling Highlights Paladin CEO, Ian Purdy said: "Our Canadian team are very encouraged by the initial results we are seeing at Saloon East. The drilling results at Saloon East represent the strongest radioactivity intersected on the PLS property to date outside of the Triple R deposit. All eleven Saloon East drillholes completed to date in 2025 intersected radioactivity and have provided exciting results over significant core lengths. The widespread presence of elevated radioactivity and hydrothermal alteration suggests that we are exploring a significant mineralised system." Overview of the Saloon Trend The Saloon Trend is a linear, multi-kilometre long, southwest-northeast trending structural zone up to 1km in width, that is parallel to and located 3.5km south of the shear zones that host the Triple R deposit within the Patterson Lake Conductive Corridor. The Saloon Trend has been a major focus of the 2024 and 2025 exploration drilling, with 27 drillholes completed along 8.8km of its strike length. Drilling in August 2024 in the eastern portion of the Saloon Trend intersected anomalous radioactivity in three drillholes, PLS24-680, 682 and 684B, in what was subsequently termed Saloon East. Drilling in the first half of 2025 followed up on the August 2024 results at Saloon East and intersected highly elevated radioactivity, with notable intercepts in drillholes PLS25-696 and 698. Drilling along trend to the northeast intersected a thick zone of elevated radioactivity in PLS25-693, leaving a highly prospective 550m long untested zone between the two established zones of radioactivity. Table 1: 2025 Regional Exploration Drill Hole Summary Collar Basement depth (m) Total depth (m) 2PGA-1000 Gamma probe (≥500 cps / ≥0.5 m minimum) Exploration Area Hole ID Easting (UTM NAD83) Northing (UTM NAD83) Elevation (masl) Azimuth (deg) Dip (deg) From To Interval Average cps Max cps Saloon East PLS25-685 601774.8 6388784.0 498.3 128 -70 44.4 558.0 263.6 272.1 8.5 694 2,009 279.2 289.2 10.0 2,576 14,772 291.7 294.0 2.3 1,140 2,916 299.7 303.2 3.5 641 1,715 319.1 324.5 5.4 1,177 3,346 333.4 333.9 0.5 578 672 342.9 343.7 0.8 1,406 2,422 387.8 390.5 2.7 2,641 7,413 394.2 396.7 2.5 2,566 10,010 428.5 429.1 0.6 3,713 6,165 PLS25-688A 601789.1 6388769.2 498.0 129 -71 51.0 552.0 108.7 109.8 1.1 589 800 204.6 205.1 0.5 598 687 210.2 215.4 5.2 1,115 3,962 223.1 223.8 0.7 576 637 225.8 236.1 10.3 2,474 11,660 289.7 290.8 1.1 1,377 2,152 312.0 312.5 0.5 1,402 2,002 365.4 365.9 0.5 1,151 1,665 370.4 371.7 1.3 6,133 14,862 416.3 419.8 3.5 4,030 11,964 424.0 426.5 2.5 3,443 11,280 433.2 445.5 12.3 3,582 13,657 497.0 498.7 1.7 773 1,046 PLS25-690 602270.6 6389053.9 498.2 321 -75 51.0 387.0 243.0 246.0 3.0 533 1,092 283.6 290.3 6.7 764 2,122 295.8 297.5 1.7 1,403 2,250 PLS25-691 601800.2 6388759.9 498.2 129 -71 50.6 492.1 180.9 184.3 3.4 682 919 227.3 227.9 0.6 778 961 251.4 254.7 3.3 531 802 268.1 272.0 3.9 960 1,951 418.3 424.8 6.5 627 1,847 427.8 431.2 3.4 1,057 2,625 443.0 443.8 0.8 536 647 PLS25-692 602270.4 6389065.4 498.0 305 -73 53.5 330.0 190.8 192.0 1.2 669 793 195.6 199.1 3.5 639 2,849 202.7 212.4 9.7 1,314 5,423 234.0 234.8 0.8 612 803 249.7 252.3 2.6 623 944 256.8 267.5 10.7 1,172 4,988 273.5 277.9 4.4 1,650 4,837 317.0 317.6 0.6 1,360 2,015 PLS25-693 602270.4 6389065.4 498.0 310 -68 60.8 318.0 164.8 166.4 1.6 515 726 180.1 181.1 1.0 782 1,271 204.1 210.1 6.0 923 3,976 213.4 217.9 4.5 634 1,908 220.5 257.7 37.2 4,761 34,636 294.4 295.1 0.7 809 1,373 PLS25-694A 601841.6 6388784.0 498.0 129 -75 46.8 348.0 185.7 190.1 4.4 1,418 3,856 195.9 196.4 0.5 867 1,208 198.5 205.5 7.0 1,548 3,010 222.0 223.3 1.3 831 1,190 226.7 228.1 1.4 1,209 1,752 241.6 246.5 4.9 1,079 1,913 250.5 251.2 0.7 824 1,179 264.0 273.7 9.7 928 2,466 288.4 294.1 5.7 871 1,783 PLS25-695 602270.4 6389065.4 498.0 305 -60 56.4 213.0 Drillhole lost, not gamma probed PLS25-696 601895.9 6388750.8 498.3 335 -80 64.9 351.0 161.5 164.8 3.3 652 1,185 185.3 218.3 33.0 1,101 6,723 222.9 224.3 1.4 703 896 227.6 232.3 4.7 738 2,057 241.9 253.4 11.5 8,957 51,303 258.8 260.9 2.1 1,750 4,473 306.5 307.2 0.7 662 943 PLS25-697 602252.2 6389079.1 498.2 304 -66.25 74.4 250.1 120.5 125.8 5.3 563 1,099 138.6 139.5 0.9 604 798 141.0 141.5 0.5 675 793 152.4 161.5 9.1 611 1,960 172.7 173.6 0.9 618 677 177.1 178.1 1.0 608 679 184.2 188.8 4.6 1,377 4,104 193.9 195.7 1.8 925 1,446 PLS25-698 602019.0 6388634.2 510.7 316 -49 92.5 357.0 134.9 135.5 0.6 717 763 259.2 265.7 6.5 1,513 4,702 276.2 281.8 5.6 954 2,999 291.6 304.1 12.5 4,198 27,730 Saloon PLS25-700A 602083.8 6388022.1 527.1 313 -77 83.6 537.0 183.8 187.9 4.1 554 1,258 436.6 437.3 0.7 806 1,107 446.7 447.3 0.6 947 1,232 PLS25-703 598710.0 6386314.0 565.0 320 -75 126.0 198.3 Drillhole lost South Patterson PLS25-686A 599131.0 6388680.0 498.1 0 -90 51.0 201.0 129.0 131.0 2.0 624 1,038 134.5 135.5 1.0 568 721 142.7 147.3 4.6 536 821 149.3 152.1 2.8 589 1,145 163.9 164.6 0.7 545 643 174.3 179.1 4.8 692 1,041 181.3 182.8 1.5 666 848 Far East PLS25-687 600112.8 6390497.2 498.3 348 -70 47.8 204.4 No anomalous radioactivity PLS25-689 600359.3 6390575.5 501.9 158 -79 54.2 372.0 No anomalous radioactivity PLG Main PLS25-699 597359.7 6389781.8 536.4 157 -77 95.7 558.0 120.9 124.1 3.2 633 856 128.5 130.5 2.0 501 581 132.6 134.8 2.2 778 1,196 PLS25-701 596345.0 6389136.0 548.3 347 -77 111.0 270.0 104.4 124.5 20.1 1,796 4,076 PLS25-702 596058.2 6389209.5 554.4 155 -60 143.4 288.0 No anomalous radioactivity PLS25-704 596189.5 6389089.4 552.1 335 -78 110.3 318.0 105.0 137.6 32.6 2,117 5,133 138.3 141.2 2.9 634 866 142.8 152.4 9.6 1,036 6,415 170.8 171.4 0.6 795 980 173.0 174.8 1.8 828 1,476 177.8 183.8 6.0 589 1,505 Competent Person's Statement / Qualified Person and Technical Information The drilling and exploration results contained in this document have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The information in this document as it relates to drilling and exploration results was provided by Kanan Sarioglu, a Competent Person and "qualified person" under NI 43-101, who is a registered Professional Geoscientist ( with the Engineers and Geoscientists of British Columbia (EGBC), the Association of Professional Geoscientists and Engineers of Alberta (APEGA) and the Association of Professional Geoscientists and Engineers of Saskatchewan (APEGS). Kanan Sarioglu is the VP Exploration for Paladin Canada and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking, to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Sarioglu consents to the inclusion in this document of the matters based on the information in the form and context in which it appears. The drilling and exploration results including verification of the data disclosed, has been completed by Kanan Sarioglu following NI 43-101. Mr. Sarioglu has reviewed and approved the contents of this news release. The design of the drilling programs and interpretation of results is under the control of Paladin Canada's geological staff, including qualified persons employing strict protocols consistent with NI 43-101 and industry best practices. Natural gamma radiation that is reported in this news release was measured in counts per second every 10cm throughout the length of each drillhole, in the up and down direction, using a Mount Sopris 2PGA-1000 single gamma probe. Results presented were derived from the up-hole data only. Prior to drilling, the accuracy of the 2PGA-1000 gamma probe was confirmed using a historical calibration drillhole on the PLS property. The reader is cautioned that gamma probe readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. All intersections are down-hole depths. All depths reported of core interval measurements including radioactivity and mineralization intervals widths are not always representative of true thickness. Forward-looking statements This announcement includes forward-looking information (forward-looking statements) that can generally be identified by words such as "anticipate", "expect", "likely", "propose", will", "intend", "should", "could", "may", "believe", "forecast", "estimate", "target", "outlook", "guidance" and similar expressions. Forward-looking statements involve subjective judgment and are subject to significant uncertainties and contingencies (including risk factors associated with the mining industry), many of which are outside the control of the Company. Although at the date of this announcement Paladin believes the forward-looking statements contained herein are based on reasonable assumptions, such statements are not guarantees of future performance. Actual results or developments may differ materially from the Company's expectations due to a range of factors including fluctuations in commodity prices and exchange rates, exploitation and exploration successes, permitting and development issues, political risks, First Nation engagement, climate risk, natural disasters, regulatory concerns, continued availability of capital and financing, general economic and market conditions, general uranium industry factors, and other factors. The Company makes no representation, warranty, guarantee or assurance (express or implied) that any forward-looking statements will prove to be correct. Except for statutory liability, which cannot be excluded, the Company, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material contained in this announcement and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this announcement or any error or omission therefrom. The Company accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this announcement or any other information made available to a person nor any obligation to furnish the person with any further information. JORC Code, 2012 Edition – Table 1 (Criteria in this section apply to all succeeding sections.) Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) Criteria JORC Code explanation Commentary Mineral tenement and land tenure status Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. Drilling presented in this release was completed on mineral claim S-111376 which is 100% owned by Fission Uranium Corp a subsidiary of Paladin Energy Ltd. All claims are in good standing and all necessary permits for drilling and geophysical surveys have been received Exploration done by other parties Acknowledgment and appraisal of exploration by other parties. The PLS project has been explored by a number of historical exploration companies including Uranerz Exploration and Mining Ltd., Hudson Bay Exploration and Development and Canadian Occidental Petroleum Ltd. There are historical drillholes on the property, none of which have tested the areas presented in this announcement Geology Deposit type, geological setting and style of mineralisation. The target deposit type is unconformity-associated high-grade uranium, hosted at the base of the Athabasca Basin or underlying metamorphic basement rocks Drill hole Information A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: easting and northing of the drill hole collar elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar dip and azimuth of the hole down hole length and interception depth hole length. If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. This information is included in Table 1 of the announcement No material information has been excluded Data aggregation methods In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. The assumptions used for any reporting of metal equivalent values should be clearly stated. Radioactivity measurements are recorded every 10 cm throughout the drillhole length, no weighting is applied Relationship between mineralisation widths and intercept lengths These relationships are particularly important in the reporting of Exploration Results. If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg 'down hole length, true width not known'). All intervals are down hole lengths Due to the early-stage nature of these results, true widths are not known at this time Diagrams Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. Refer to the figures in the announcement Balanced reporting Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. All relevant exploration data has been reported Other substantive exploration data Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. All relevant exploration data has been reported SOURCE Paladin Energy Ltd
Globe and Mail
2 days ago
- Globe and Mail
EverGen Infrastructure Reports Q1 2025 Results
EverGen Infrastructure Corp. ('EverGen' or the 'Company') (TSXV: EVGN) (OTCQX: EVGIF), today reported financial results as at and for Q1 2025. All amounts are in Canadian dollars unless otherwise stated and have been prepared in accordance with IFRS. Financial Highlights for Q1 2025: Revenues of $1.9 million for Q1 2025 decreased 41% compared to the same period last year, primarily driven by reduced volumes (due to unexpected operating disturbances) resulting in lower tip fee revenue at the Company's organic waste and composting facilities. These declines were partially offset by increased RNG production and associated revenues from FVB and GrowTEC, as well as tip fee increases at the Company's composting facilities. Net loss of $1.2 million for Q1 2025 improved by 11% compared to the same period last year, primarily due to lower direct operating costs, depreciation and amortization expense, and finance costs, partially offset by lower revenues and a decrease in insurance proceeds. Adjusted EBITDA of $0.5 million for Q1 2025 decreased by $0.2 million compared to the same period last year, primarily due to reduced revenues and lower insurance proceeds, partially offset by a decrease in direct operating costs and an increase in non-recurring general and administrative expenses. RNG production reached a new quarterly record in Q1 2025, driven by the continued ramp-up and stabilization of the FVB RNG expansion project. The FVB facility achieved monthly RNG production record exceeding 12,000 gigajoules (GJs) in both March and April 2025, surpassing the previous high of 11,186 GJs in September 2024. A daily production record of 640 GJs was also set in October 2024. Three months ended Mar 31, 2025 Mar 31, 2024 $ Change % Change FINANCIAL Revenue 1,909 3,227 (1,318) (41) Net loss (1,202) (1,326) 124 (9) Net loss per share ($), basic and diluted (0.08) (0.10) 0.02 (20) EBITDA (1) (33) 217 (250) (115) Adjusted EBITDA (1) 450 654 (204) (31) Total assets 77,560 94,241 (16,681) (18) Total long-term liabilities 26,878 30,255 (3,377) (11) Cash and cash equivalents and restricted cash 1,502 717 785 109 Working capital deficit (1) (1,913) (1,064) (849) 80 COMMON SHARES (thousands) Outstanding, end of period 14,059 13,918 141 1 Weighted average – basic & diluted 14,041 13,905 136 1 OPERATING RNG (gigajoules) 43,014 35,440 7,574 21 Incoming organic feedstock (tonnes) 12,809 17,986 (5,177) (29) Organic compost and soil sales (yards) 642 2,179 (1,537) (71) Electricity (MWh) 763 851 (88) (10) (1) Please refer to 'Non-GAAP Measures'. Closing of Private Placement & Management Change (Subsequent Event to Q1 2025): In May 2025, EverGen announced closing of first tranche of private placement for gross aggregate proceeds of CAD$5,000,000 and completed a change of management. See full press release filed on SEDAR+. Further Information & Conference Call Details For further information on the results please see the Company's Consolidated Financial Statements and Management's Discussion and Analysis filed on SEDAR+ at and on EverGen's website at EverGen will hold a results and corporate update conference call at 11:30 a.m. Eastern Time on Tuesday, June 3, 2025, hosted by Chief Executive Officer, Chase Edgelow. Date: Tuesday, June 3, 2025 Time: 11:30 a.m. ET Zoom Link: Find the latest Corporate Presentation in the Investor Center: About EverGen Infrastructure Corp. EverGen, Canada's Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer which acquires, develops, builds, owns, and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information about EverGen Infrastructure Corp. and our projects, please visit Non-GAAP Measures EverGen uses certain financial measures referred to in this press release to quantify its results that are not prescribed by IFRS. The terms EBITDA, adjusted EBITDA and working capital are not recognized measures under IFRS and may not be comparable to that reported by other companies. EverGen believes that, in addition to measures prepared in accordance with IFRS, the non-IFRS measurement provide useful information to evaluate the Company's performance and ability to generate cash, profitability and meet financial commitments. These non-IFRS measures are intended to provide additional information and should not be considered in isolation or as a substitute for other measures of performance prepared in accordance with IFRS. EBITDA is defined as net income (loss) before interest, tax and depreciation and amortization. Adjusted EBITDA is EBITDA adjusted for share-based payment expenses, unusual or non-recurring items, contingent consideration gains and losses and non-controlling interests in adjusted EBITDA. Working capital is calculated as current assets less current liabilities. Forward-Looking Information This news release contains certain forward-looking statements and/or forward-looking information (collectively, 'forward looking statements') within the meaning of applicable securities laws. When used in this release, such words as 'would', 'will', 'anticipates', 'believes', 'explores', 'expects' and similar expressions, as they relate to EverGen, or its management, are intended to identify such forward-looking statements. More particularly, and without limitation, this press release contains forward looking statements and information concerning the Company's expectations regarding revenue growth and future financial or operating performance. Such forward-looking statements reflect the current views of EverGen with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause EverGen's actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits EverGen will derive therefrom, and accordingly, readers are cautioned not to put undue reliance on the forward-looking statements contained in this press release. The Company cautions that these forward-looking statements are subject to numerous risks and uncertainties, including but not limited to: the impact of general economic conditions in Canada, including the current inflationary environment; industry conditions including changes in laws and regulations and/or adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, in Canada; volatility of prices for energy commodities; change in demand for clean energy to be offered by EverGen; competition; lack of availability of qualified personnel; obtaining required approvals of regulatory authorities in Canada; ability to access sufficient capital from internal and external sources; optimization and expansion of organic waste processing facilities and RNG feedstock; the realization of cost savings through synergies and efficiencies expected to be realized from the Company's completed acquisitions; the sufficiency of EverGen's liquidity to fund operations and to comply with covenants under its credit facility; continued growth through strategic acquisitions and consolidation opportunities; continued growth of the feedstock opportunity from municipal and commercial sources, and the factors discussed under 'Risk Factors' in the Company's Annual Information Form dated April 22, 2024, which is available on SEDAR+ at many of which are beyond the control of EverGen. Forward-looking statements included in this news release should not be read as guarantees of future performance or results. The forward-looking statements contained in this release are made as of the date of this release, and except as may be expressly required by applicable law, EverGen disclaims any intent, obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein whether as a result of new information, future events or results or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cision Canada
2 days ago
- Cision Canada
FIRSTFUND REPORTS 2025 FIRST QUARTER RESULTS
TSXV Trading Symbol: FFP VANCOUVER, BC, May 30, 2025 /CNW/ - The financial results of Consolidated Firstfund Capital Corp. (TSXV: FFP) (the "Company" or "Firstfund") for the three months ended March 31, 2025 show a net income of $43,332 or $0.01 per share (2024 - net loss of $16,612 or $0.00 per share). The Company recorded an unrealized net gain of $35,043 for the three months ended March 31, 2025 (2024 - unrealized net loss of $35,044) on the revaluation of the investments in Vitality Products Inc. (TSXV: VPI) measured at fair value through profit or loss. The Company's fee income increased to $107,820 for the three months ended March 31, 2025 (2024 - $93,523). The Company's condensed consolidated interim financial statements and management's discussion and analysis for the three months ended March 31, 2025 and 2024 are available on SEDAR+ at About Firstfund Consolidated Firstfund Capital Corp. (TSXV: FFP) is a venture capital company. The Company is primarily engaged in financial consulting relating to real estate development and venture capital activities in Canada and the United States. The Company is an investment issuer listed on the TSX Venture Exchange. Firstfund has invested its capital in both private companies and publicly traded companies since 1983. The Company continues to investigate other investment opportunities for its portfolio. Firstfund earns fee income for real estate development and property management activities performed on properties owned by other companies and limited partnerships managed by companies under common control. On behalf of the Board of CONSOLIDATED FIRSTFUND CAPITAL CORP. "W. Douglas Grant" (signed) ______________________________ W. Douglas Grant, President & CEO Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Consolidated Firstfund Capital Corp.
