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Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news

Primo Water Corp. (PRMW-T) announced the planned retirement of chief financial officer Jay Wells, effective April 1, 2023. Mr. Wells will remain in his position until his retirement date, the company said, adding that it has started to search for a successor.

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Hexo Corp. (HEXO-T) announced an exclusive partnership with Tyson 2.0,  entrepreneur and cannabis advocate Mike Tyson’s recently formed cannabis company.

Under the agreement, Hexo said it will produce TYSON 2.0′s products in Canada, including flower, pre-rolls, edibles and vapes. The product lines will launch across Canada in fall 2022.

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Voxtur Analytics Corp. (VXTR-X) reported second-quarter revenue of $38.1-million, up from $18-million a year earlier. The expectation was for revenue to come in at $42-million, according to S&P Capital IQ.

Its net loss was $4.1-million compared to a loss of $6-million a year earlier, according to documents filed on Sedar.com

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Facedrive Inc. (FD-X), the company behind the Steer ESG technology platform company, reported second-quarter revenue of $15-million, up from $4.5-million a year ago.

Its net loss was $7.8-million or 6 cents per share compared to a loss of $7.6-million or 8 cents in the year-ago quarter.

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Neighbourly Pharmacy Inc. (NBLY-T) announced that Terri Smyth will be stepping away from her role as chief financial officer “for family reasons” as she relocates to British Columbia. She will continue in the role until Oct. 25, when the company plans to release its second quarter 2023 financial results.

“Ms. Smyth continues to be committed to the success and growth of the business and will be remaining with the company through March 2023, to ensure a seamless and orderly transition,” the company stated

Billy Wong will replace her and join the company next month. He was the chief financial officer at companies divisions of Designer Brands Inc. as well as Sears Canada.

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Irwin Naturals Inc. (IWIN-CN) reported total operating revenue was $21.8-million in the second quarter down from $26.6-million a year ago. The company said the decrease was related to several factors, including loss of distribution of non-CBD products in some mass market retail partners.

Net profit of $111,000 for the quarter ended June 30 compared to $3-million a year ago. The company said the decrease was due to lower income from operations.

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Gensource Potash Corp. (GSP-X) reported a loss of $728,342 or nil per share versus a loss of $1.1-miillion or nil per share a year ago, according to documents filed on Sedar.com

The company said it expects to continue to have net losses “as a result of ongoing cash outflows from investing in its potash assets and operating costs until such time as revenue-generating activity is commenced.”

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Gran Tierra Energy Inc. (GTE-T) announced plans to buy back up to 10 per cent of its public float.

The company’s management said it believes the shares “have been trading in a price range which does not adequately reflect their value... .”

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