BRI-CHEM CORP.

Garland, Texas--(Newsfile Corp. - December 13, 2024) - On December 13, 2024, Cenatex Holdings, LLC ("Cenatex") a Texas limited liability company, and joint actors, purchased an aggregate of 126,630 common shares (the "Common Shares") in the capital of Bri-Chem Corp. ("Bri-Chem") listed on the Toronto Stock Exchange at an average price of $0.2825 USD per Common Share, for an aggregate cost of $35,774.01 USD (the "Purchase"). Immediately prior to the Purchase, Cenatex and joint actors beneficially owned, or had control or direction over, an aggregate of 2,674,795 Common Shares, representing 10.119% of the 26,432,981 shares issued and outstanding Common Shares.» Mehr auf newsfilecorp.com

Edmonton, Alberta--(Newsfile Corp. - November 14, 2024) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce its 2024 third quarter financial results.           Three months ended                   Nine months ended               September 30       Change             September 30     Change (in '000s except per share amounts)     2024       2023       $ %       2024       2023     $ % Financial performance                                 Sales   $    21,975    $    26,830  $      (4,855) (18%)     $    62,452    $    79,260    $  (16,808) (21%) Adjusted EBITDA(1)     587       1,051       (464) (44%)       851       4,638     (3,788) (82%) As a % of revenue     3%       4%             1%       6%     Operating earnings     234       1,185       (951) (80%)       710       3,698     (2,988 ) (81%) Adjusted net (loss) / earnings (1)     (549)       (293)       (256) 87%       (2,900)       812     (3,712 ) (457%) Net (loss) / earnings   $    (269)    $    (376)       $ 107 (28%)     $    (2,263)    $    442    $ (2,705 ) (612%) Per diluted share                                     Adjusted EBITDA (1)   $     0.02    $    0.04   $     (0.02)  (51%)      $     0.03   $     0.17    $   (0.14)      (80%)  Adjusted net (loss) / earnings (1)   $    (0.02)    $    (0.01)    $    (0.01) 91%     $    (0.11)    $    0.03    $ (0.14 ) (458%) Net (loss) / earnings   $    (0.01)    $    (0.01)       $ - 0%     $    (0.09)    $    0.02    $ (0.11 ) (661%) Financial position                                     Total assets                     $    57,101    $    70,532    $ (13,431 ) (19%) Working capital                       13,740       16,012     (2,271 ) (14%) Long-term debt                       6,564       6,771     (208 ) (3%) Shareholders equity                     $    21,248    $    22,780    $ (1,532 ) (7%)   (1) Non-GAAP financial measure.» Mehr auf newsfilecorp.com

Edmonton, Alberta--(Newsfile Corp. - October 9, 2024) - Bri-Chem Corp. (TSX: BRY) (OTCQB: BRYFF) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce that it has entered into an agreement with the Canadian Imperial Bank of Commerce ("CIBC") to renew its senior credit facilities ("ABL Facility") with a borrowing base of $37.5 million. The ABL facility is now committed until April 30, 2026.» Mehr auf newsfilecorp.com