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SYITF - $SYITF STOCK NEWS

Welcome to our dedicated page for SYITF news (Ticker: $SYITF), a resource for investors and traders seeking the latest updates and insights on SYITF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SYITF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SYITF's position in the market.

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Synex Renewable Energy Corporation (TSX: SXI) reported positive financial results for Q2 2024, with revenue increasing to $972,718 and net income reaching $83,663. The company focused on reducing costs and investing in wind licenses to support clean energy initiatives. Cash balances grew due to higher sales revenue and a successful private placement. Sea Breeze's expansion plans could potentially add over 150 MW of clean electricity.
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Synex Renewable Energy Corporation (SXI) Reports Annual General Meeting Voting Results
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Synex Renewable Energy Corporation (SXI) has closed a non-brokered private placement financing, issuing 355,507 Common Shares at $1.75 per share, generating $622,137.25 in gross proceeds. The company plans to use the funds for wind project development, working capital, and general corporate purposes.
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Synex Renewable Energy Corporation (TSX: SXI) announced its financial and operational results for the three months ended September 30, 2023. Revenue for Q1 2024 decreased to $139,086 from $165,898 in Q1 2023. Electricity sales in Q1 2024 were $124,814 compared to $139,770 in Q1 2023, with a net loss of $745,899. The company spent $428,230 on wind license development and had an unrestricted cash balance of $232,124 as of September 30, 2023.
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Synex Renewable Energy Corporation has announced that its Board of Directors has initiated a strategic review of the company to enhance shareholder value. The review will explore all strategic alternatives, including the sale of the company. Synex has a diversified portfolio of renewable assets and aims to fully realize their value. The review process is expected to conclude in the next several months.
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Synex Renewable Energy Corporation announces financial results for Q4 2023. Revenue decreased by $278,634 compared to Q4 2022 due to lower power generation. Net loss in Q4 2023 was $209,980. Cash balance decreased to $318,663. Company intends to expand wind energy license in Kitimat.
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SYITF

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About SYITF

Synex International, Inc. engages in the development, ownership and operation of electrical generation facilities, electrical distribution services, and the provision of engineering services in water resources, particularly hydroelectric facilities. It operates through the following segments: Electricity Sales; Engineering Services; and Corporate. The Electricity Sales segment derives from three electrical generation facilities, and one power line network. The company was founded on August 13, 1982 and is headquartered in Vancouver, Canada.