Month: September 2026

CALGARY, Alberta, Sept. 30, 2026 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) today announced preliminary third quarter 2026 revenue results. The Company expects to issue and file its financial results for the three and nine months ended September 30, 2026 on SEDAR+ (www.sedarplus.ca) and will make them available on Pulse’s website at www.pulseseismic.com after markets close on October 21, 2026.

Since July 1, 2026, the Company has generated approximately $17.3 million in seismic data licensing revenue, bringing expected total revenue for the nine months ended September 30, 2026 to approximately $22.8 million. Third quarter 2026 revenue increased more than 400% compared to the third quarter of 2025, while revenue for the first nine months of 2026 decreased by 49% compared to the near-record revenue for the first nine months of 2025. Consistent with previous disclosure, the timing of new seismic data licensing is impacted by a variety of factors affecting industry activity and is subject to significant fluctuations.

“These strong third quarter sales results demonstrate the continued value and strategic importance of our extensive seismic data library to our clients,” said Pamela Wicks, Pulse’s President and CEO. “While our market experiences natural fluctuations tied to broader energy sector activity, we remain confident in our competitive position and the long-term value of our asset base. I would like to thank the Pulse team, who remain focused on delivering value for our clients and shareholders alike.”

The selected financial information reported for the third quarter of 2026 is preliminary and has not been audited or reviewed by the Company’s auditors. The Company’s auditors have not performed any procedures with respect to this information. These figures are subject to change and adjustment as the Company finalizes its financial results for Q3 2026.

CORPORATE PROFILE

Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin, where most of Canada’s oil and natural gas exploration and development occur. Pulse is supported by a dedicated and experienced team of professionals who are committed to delivering strong results for customers and shareholders.

For further information, please contact:
Pamela Wicks, President and CEO
Tel.: 403-237-5559
Toll-free: 1-877-460-5559
E-mail: info@pulseseismic.com.

Please visit our website at www.pulseseismic.com

This document contains information that constitutes “forward-looking information” or “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities legislation. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “forecast”, “target”, “project”, “guidance”, “may”, “will”, “should”, “could”, “estimate”, “predict” or similar words suggesting future outcomes or language suggesting an outlook.

By its very nature, forward-looking information involves inherent risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue. The Company cautions readers not to place undue reliance on these statements as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions expressed in such forward-looking information.

These factors include, but are not limited to:

>    Uncertainty of the timing and volume of data sales;

>    Volatility of oil and natural gas prices;

>    Risks associated with the oil and natural gas industry in general;

>    The Company’s ability to access external sources of debt and equity capital;

>    Credit, liquidity and commodity price risks;

>    The demand for seismic data;

>    The pricing of data library licence sales;

>    Cybersecurity;

>    Relicensing (change-of-control) fees and partner copy sales;

>    Environmental, health and safety risks;

>    Federal and provincial government laws and regulations, including those pertaining to taxation, royalty rates, environmental protection, public health and safety;

>    Competition;

>    Dependence on key management, operations and marketing personnel;

>    The loss of seismic data;

>    Protection of intellectual property rights;

>    The introduction of new products; and

>    Climate change.

Pulse cautions that the foregoing list of factors that may affect future results is not exhaustive. Additional information on these risks and other factors which could affect the Company’s operations and financial results is included under “Risk Factors” in the Company’s most recent annual information form, and in the Company’s most recent audited annual financial statements, most recent MD&A, management information circular, quarterly reports, material change reports and news releases. Copies of the Company’s public filings are available on SEDAR+ at www.sedarplus.ca.

When relying on forward-looking information to make decisions with respect to Pulse, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Furthermore, the forward-looking information contained in this document is provided as of the date of this document and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, except as required by law. The forward-looking information in this document is provided for the limited purpose of enabling current and potential investors to evaluate an investment in Pulse. Readers are cautioned that such forward-looking information may not be appropriate, and should not be used, for other purposes.

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This press release was published by a CLEAR® Verified individual.

Community bank cements its long-term commitment to Southern California through second administrative office

CALABASAS, Calif., Sept. 30, 2026 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank, is deepening its Southern California presence and expanding its ability to serve commercial banking clients across the region with the opening of its administrative office in Calabasas, California.

The Calabasas office builds on Five Star Bank’s organic growth strategy, following the opening of its Newport Beach administrative office in September 2025, and the onboarding of its team of experienced bankers in the Greater Los Angeles Area in April 2026. The Calabasas office will serve as a hub for Five Star to work more closely with small-to-medium-sized businesses and clients throughout Southern California. Five Star Bank specializes in commercial banking and recognizes that entrepreneurs are the foundation of a strong and growing economy.

With the Calabasas and Newport Beach offices, Five Star brings its relationship-driven banking services to different client segments in Southern California. The Calabasas office will focus on commercial banking, commercial and industrial (C&I), and non-profit clients, while the Newport Beach office serves clients in the title and escrow, faith, government, private enterprise and non-profit sectors.

“Our Newport Beach and Greater Los Angeles Area teams were not one-off investments in Southern California. These experienced teams are building a foundation for even more expansion in the region,” said James Beckwith, President and CEO of Five Star Bank. “Our new Calabasas office builds on this momentum, allowing us to further develop existing relationships, establish new ones, and deliver the personalized commercial banking expertise that businesses and organizations need to grow.”

The Calabasas administrative office opening marks another milestone in Five Star Bank’s strategic growth throughout California, which includes expansions in Palo Alto, Lodi, and Walnut Creek, reflecting its continued investment in bringing its purpose-driven banking and regional expertise to businesses across the state.

Five Star Bank’s Calabasas administrative office, located at 24025 Park Sorrento, Suite 400, Calabasas, California, opened on September 8, 2026. The Newport Beach administrative office, located at 4100 Newport Place, Suite 660, Newport Beach, California, is open and serving clients.

About Five Star Bancorp

Five Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The bank has ten branches in California. For more information visit www.fivestarbank.com.

Special Note Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company’s beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as “may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “aim,” “intend,” “plan,” or words or phrases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company’s control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company’s control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company’s forward-looking information and statements proves incorrect, then the Company’s actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company’s forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, under the section entitled “Risk Factors,” and other documents filed by the Company with the Securities and Exchange Commission from time to time.

The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.

Investor Contact:
Heather C. Luck, Chief Financial Officer
Five Star Bancorp
(916) 626-5008
hluck@fivestarbank.com

Media Contact:
Shelley R. Wetton, Chief Marketing Officer
Five Star Bancorp
(916) 284-7827
swetton@fivestarbank.com