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Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

Secure Energy Services Inc. (SES-T) reported first-quarter net income of $38-million or 12 cents per share compared to nil a year earlier, the company stated. The result was above expectations of 9 cents.

Revenue of $359-million was up from $132-million a year ago and ahead of expectations of $346.3-million.

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Precision Drilling Corp. (PD-T) reported first-quarter revenue of $351-million, an increase of 49 per cent compared with the first quarter of 2021, “supported by U.S. and Canadian drilling activity growth.”

The result was ahead of expectations of $330.5-million.

Its net loss of $44-million or $3.25 per share compared with a net loss of $36 million or $2.70 per share in 2021.

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Real Matters Inc. (REAL-T) reported revenue of US$95-million for its second quarter ended March 31, versus US$128.8-million a year earlier.

The expectation was for revenue of US$101.9-million.

Its net loss was US$500,000 or a penny per share versus net income of US$11.1-million or 13 US cents a year earlier. Adjusted net income of US$1.3-million or 2 US cents compared to $13.1-million of 15 US cents a year ago.

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Discovery Silver Corp. (DSV-X) reported a loss of $7.1-million or 2 cents per share for its fourth quarter ended Dec. 31 compared to a loss of $6.1-million or 2 cents a year earlier.

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Aecon Group Inc. (ARE-T) reported first-quarter revenue of $986-million, up 31 per cent compared to $754-million a year ago. The result was ahead of expectations of $787.6-million, according to S&P Capital IQ estimates.

Its net loss of $17.4-million or 29 cents per share was in line with expectations and compared to a net loss of $18.4-million or 31 cents per share a year ago.

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North American Construction Group Ltd. (NOA-T) reported first-quarter revenue of $176.7-million, up from $167.8 million in the same period last year.

Adjusted EBITDA of $57.7-million was a $3.4-million decrease over the prior year “and reflects unique operating and inflationary challenges in the quarter as well as the impact of COVID-19 wage subsidy being discontinued” in the fourth quarter, the company said.

Net income of $13.6-million or 48 cents per share compared to net income of $19.4-million or 68 cents a year ago.

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Yangarra Resources Ltd. (YGR-T) reported first-quarter funds flow from operations of $39.8-million or 46 cents per basic share compared to $17.1-million or 20 cents a year earlier. Sales of $51.4-million compared to $28.5-million a year ago.

Net income of $22.7-million or 26 per basic share compared to $9.7-million or 11 cents per share.

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Exco Technologies Ltd. (XTC-T) reported sales of $119.3-million for its second quarter ended March 31, up from $118.4-million a year earlier.

Net income of $5.1-million or 13 cents per share compared to $11.7-million or 30 cents a year ago.

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MedMen Enterprises Inc. (MMEN-CN) announced the appointment of Edward Record as CEO, effective immediately. Record succeeds interim CEO Michael Serruya, who will continue to serve as chairman of the board, the company stated.

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