FREMONT, CA — (Marketwired) — 10/30/14 — AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced a program authorizing the repurchase of up to $5 million of the company–s common stock.Any repurchases under this program will be made through open market purchases, block trades, unsolicited negotiated transactions, a repurchase plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any manner t
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/30/14 — Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today that, further to its news release on October 12, 2014, based on its current preliminary estimate and initial consultations with its contractors and original equipment vendors, it expects to complete repairs to the damaged equipment and commence commercial operations at the Mackenzie Power Project in the latter half of the first quarter of 2015. Conifex currently expe
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/29/14 — Canfor Pulp Products Inc. ("CPPI") (TSX: CFX) today reported net income of $24.3 million, or $0.34 per share, for the third quarter of 2014, compared to $18.8 million, or $0.27 per share, for the second quarter of 2014 and $9.1 million, or $0.13 per share, for the third quarter of 2013. For the nine months ended September 30, 2014, the Company–s net income was $68.8 million, or $0.97 per share, compared to $27.6 million, or
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/29/14 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) provides a general corporate update relating to its operations.IQ Loan DeferralThe Company has reached an agreement in principle with Investissement Quebec ("IQ"), pursuant to which the Company has been, and will continue to be, granted a temporary deferral on its principal and interest payments under its C$102.4 million project financing
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/27/14 — West Fraser Timber Co. Ltd. (TSX: WFT) today reported earnings of $70 million or $0.83 per share on sales of $1,030 million in the third quarter of 2014. These results compare with previous periods as follows:(1) In this Report, reference is made to EBITDA (defined as earnings plus (i) amortization, (ii) restructuring charges, (iii) finance expense, (iv) exchange (gain) loss on long-term debt, (v) other (income) expense and (vi) tax (
Decision Makers at Large Manufacturers Expect the U.S. Share of Their Production to Rise an Average of 7 Percent in Five Years; Half Expect to Boost U.S. Factory Jobs by 5 Percent or More, According to Latest BCG Manufacturing Survey
SCOTTSDALE, AZ — (Marketwired) — 10/22/14 — Lithium Exploration Group Inc. (OTCQB: LEXG) CEO Alex Walsh addresses shareholder comments and concerns:Dear Shareholders,Last week, shareholders passed a vote to increase our authorized shares and approve a reverse split of the common shares of Lithium Exploration Group. I want to address these issues by commenting on each of them individually. It is also important for you to note that I abstained from voting any of the shares that I control for b
PHOENIX, AZ — (Marketwired) — 10/21/14 — On Wednesday of last week, Lithium Exploration Group, Inc. (OTCQB: LEXG) filed its annual Form 10K. In Note 14 of the Financial Statements, the revenue from operations at Tero Oilfield Services ("Tero") is reported. From March through June 2014, Tero generated $408,714 from operations. It is expected that third and fourth quarter financial statements will show an additional increase in revenue."Traditionally the revenue generated in the
PHOENIX, AZ — (Marketwired) — 10/17/14 — Lithium Exploration Group, Inc. (OTCQB: LEXG) announced today the results of its shareholder Special Meeting held on October 14, 2014 (the "Meeting"). Shareholders of the company considered and approved resolutions in favor of an amendment to the company–s Articles of Incorporation for the increase in the company–s authorized capital to 2,000,000,000 shares of common stock (the "Amendment"). The Amendment was approved by 71.73% o
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/16/14 — Editors Note: There is a photo associated with this Press ReleaseInterfor Corporation (TSX: IFP) ("Interfor") and Ilim Timber announced today they have reached an agreement under which Interfor will market Ilim Timber–s European lumber products in North America."This agreement allows Interfor to offer North American customers more choice," said Steven Hofer, Senior Vice President, Sales and Marketing, Interfor. &qu
