Category Press Releases

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Velan Inc. Reports Its Second Quarter 2023/22 Financial Results and a Significant Increase in Sales and Improved Margins that Combine for One of the Best Quarters of the Last Ten Years, With Net Income¹ of $5.0 Million, and Backlog² Remaining High

MONTREAL, Oct. 07, 2023 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2023. Highlights: Sales for the quarter amounted to $101.9…

Athabasca Oil Corporation Announces a US$350 Million Notes Offering, Issuance of a Conditional Redemption Notice for its US$450 Million of Notes due 2023 and an Amended and Restated C$110 Million Credit Facility

CALGARY, Alberta, Oct. 07, 2023 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announced today a private placement offering (the “Offering”) of 350,000 units. Each unit will consist of $1,000 principal amount of senior secured second…