CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — FLINT Corp. (“FLINT” or the “Company”) announces that Randy Watt, Chief Financial Officer, has retired from FLINT effective March 31, 2023. Mr. Watt joined FLINT in November 2018 and provided financial leadership through the Covid-19 pandemic and subsequent market recovery and the implementation of a new enterprise resource planning system. “On behalf of FLINT, we would like to thank Randy for his years of service with the company and wish him well in his future endeavours”, said Barry Card, Chief Executive Officer.

The Company has engaged an executive search firm to identify … Continue Reading

Reports record Annual Revenues of $604.7 million and record Adjusted EBITDAS of $32.1 million

CALGARY, Alberta, March 02, 2023 (GLOBE NEWSWIRE) — FLINT Corp. (formerly ClearStream Energy Services Inc.) (“FLINT” or the “Company”) (TSX: FLNT) today announced its results for the three and twelve months ended December 31, 2022. All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted.

“EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the Advisory regarding Non-Standard Measures at the end of this press release for a description of these items and limitations of their use.… Continue Reading

CALGARY, Alberta, Dec. 22, 2022 (GLOBE NEWSWIRE) — FLINT Corp. (“FLINT” or the “Company”) is pleased to announce that, during the first 20 days of December, it has booked new contract awards and renewals that are estimated to generate approximately $146 million in backlog. The work will encompass the following services lines: Fabrication, Construction, Maintenance, Turnarounds and Exchanger Services. Approximately 38% of the work will be executed in 2023 with the balance scheduled for 2024-2025.

“The fourth quarter of 2022 has seen strong bookings. During the period from October 1, 2022 to the date of this press release, we have … Continue Reading