Canaf Reports Financial Results for Q3 2026

Vancouver, British Columbia--(Newsfile Corp. - September 28, 2026) - Canaf Investments Inc. (TSXV: CAF) ("Canaf" or the "Corporation"), is pleased to report its unaudited financial results for the nine months ended July 31, 2026, highlighted by a recovery in quarterly sales, continued growth in book value per share and a strong financial position.

Revenue for the nine months was CAN$17.65 million (2025: CAN$20.79 million), with net income attributable to shareholders of CAN$1.25 million (2025: CAN$1.82 million). Gross margin was 12.5% (2025: 14.4%), reflecting lower sales volumes and reduced margins at Southern Coal. Sales performance improved quarter-on-quarter during Q3, with revenue increasing to CAN$6.03 million from CAN$5.40 million in Q2. Management expects sales volumes to increase further during Q4 2026. The results represent 12-month trailing earnings per share of CAN$0.039 as at July 31, 2026.