BRI-CHEM CORP.

Edmonton, Alberta--(Newsfile Corp. - June 18, 2025) - Bri-Chem Corp. (TSX: BRY) (OTCQB: BRYFF) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, announces today that it has rescheduled its annual general meeting ("Meeting"), which was originally scheduled for June 20, 2025. The Meeting will now take place on September 16, 2025.» Mehr auf newsfilecorp.com

Garland, Texas--(Newsfile Corp. - June 3, 2025) - Barry Hugghins, the member / manager of Cenatex Holdings, LLC ("Cenatex") a Texas limited liability company, has, on behalf of Cenatex, engaged with Bri-Chem Corp. ("Bri-Chem") and its board of directors and/or management, and with certain investors of Bri-Chem with respect to matters it and/or they consider would improve Bri-Chem's performance and enhance its long-term value, including making recommendations, proposals, or voting decisions, as applicable, concerning changes to Bri-Chem's board of directors and/or management, business, strategies, and strategic alternatives, performance, governance, oversight, capitalization, capital or corporate structure, capital allocation policies, and/or potential acquisitions or sales, and other matters to improve Bri-Chem's performance. Cenatex owns and controls 3,701,040 Common Shares of Bri-Chem, representing 14.0016% of the 26,432,981 issued and outstanding Common Shares, which holdings remain unchanged since the filing of its prior early warning report dated May 12, 2025.» Mehr auf newsfilecorp.com

Edmonton, Alberta--(Newsfile Corp. - May 15, 2025) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce its 2025 first quarter financial results. Three months ended March 31 Change (in '000s except per share amounts) 2025 2024 $ % Financial performance Sales $ 19,909 $ 21,371 $ (1,462 ) (7%) Adjusted EBITDA(1) 465 (443 ) 908 (205%) As a % of revenue 2% -2%     Operating (loss) (23 ) (144 ) 121 (84%) Adjusted net (loss) (1) (618 ) (1,767 ) 1,149 (65%) Net (loss) $ (412 ) $ (1,506 ) $ 1,094 (73%) Per diluted share         Adjusted EBITDA (1) $ 0.02 $ (0.02 ) $ 0.04 (240%) Adjusted net (loss) (1) $ (0.02 ) $ (0.07 ) $ 0.05 (75%) Net (loss) $ (0.02 ) $ (0.06 ) $ 0.04 (71%) Financial position         Total assets $ 54,247 $ 66,224 $ (11,977 ) (18%) Working capital 10,341 14,666 (4,324 ) (29%) Long-term debt 6,493 6,668 (174 ) (3%) Shareholders equity $ 19,041 $ 21,809 $ (2,767 ) (13%) (1) Non-GAAP financial measure.» Mehr auf newsfilecorp.com