Day: April 3, 2020

PASCAGOULA, Miss., April 03, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has received a $1.50 billion fixed-price-incentive modification to a previously awarded contract for the procurement of the detail design and construction of amphibious transport dock LPD 31. The ship will be the 15th in the San Antonio class and the second Flight II LPD.“In building this 15th LPD, Ingalls experienced shipbuilders will continue this hot production line of great amphibious warships for our Navy/Marine Corps team,” Ingalls Shipbuilding President Brian Cuccias said. “We are all proud to be building these great ships, and will continue to deliver the most survivable and affordable ships possible for our customers and our nation.”Ingalls’ LPD Flight II program vendor base...

All amounts herein are in United States Dollars unless otherwise indicated.YERINGTON, Nev., April 03, 2020 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (“Nevada Copper” or the “Company’’), further to its press releases on March 27, 2020 and March 30, 2020, is providing an update in respect of the balance sheet strengthening package announced on March 27, 2020 (collectively, the “Refinancing Transactions”). Additional information is set out below with respect to the convertible loan facility entered into with Pala Investments Limited (“Pala”) on March 27, 2020 (the “Convertible Loan”). The Company expects conditional listing approval from the Toronto Stock Exchange (the “TSX”) in respect of the share issuances to Pala described below and to permit the conversion feature in respect of the Convertible Loan to be granted on or...

THE WOODLANDS, Texas, April 03, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq:LGIH) today announced 795 homes closed in March 2020, up from 566 home closings in March 2019, representing year-over-year growth of 40.5%. In addition, the Company announced record-breaking quarterly home closings of 1,835 during the first quarter of 2020 compared to 1,228 home closings in the first quarter of 2019, a 49.4% increase year-over-year. The Company reported 199 wholesale closings in the first quarter of 2020, representing 10.8% of the home closing results for the quarter.As of the end of March 2020, the Company had 113 active selling communities.“At LGI Homes, we are driven by our commitment to our customers and our desire to make dreams of homeownership come true. We are pleased that our business of fulfilling those dreams and providing shelter...

MALVERN, Pa., April 03, 2020 (GLOBE NEWSWIRE) — Baudax Bio, Inc. (Nasdaq: BXRX), a pharmaceutical company focused on therapeutics for acute care settings, today announced that the Compensation Committee of Baudax Bio’s Board of Directors approved inducement grants of stock options to purchase an aggregate of 182,187 shares of Baudax Bio’s common stock and restricted stock units covering 56,384 shares of Baudax Bio’s common stock to 17 newly-hired employees, with a grant date of March 31, 2020.  The equity awards were granted pursuant to the NASDAQ Rule 5635(c)(4) inducement grant exception as a component of each individual’s employment compensation and were granted as an inducement material to his or her acceptance of employment with Baudax Bio.The options have an exercise price equal to the closing price of Baudax Bio’s common...

GREENVILLE, Wis., April 03, 2020 (GLOBE NEWSWIRE) — School Specialty, Inc. (OTCQB:SCOO) (“School Specialty”, “SSI” or “the Company”), a leading distributor of supplies, furniture and both curriculum and supplemental learning resources to the education, healthcare and other marketplaces, today announced that it will be reporting its financial results for its fiscal 2019 fourth quarter and year ended December 28, 2019, after the market close on Monday, April 6, 2020.The Company will be hosting a teleconference and webcast on Tuesday, April 7, 2020 at 9:00 a.m. EDT to discuss its results and outlook. Speaking from management will be Michael C. Buenzow, Interim President and Chief Executive Officer, Ryan M. Bohr, Executive Vice President and Chief Operating Officer, and Kevin L. Baehler, Executive Vice President and Chief Financial...

HARRISBURG, Pa., April 03, 2020 (GLOBE NEWSWIRE) — Orrstown Financial Services, Inc. (“Orrstown” or “the Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank and Wheatland Advisors, Inc., today announced that, due to the public health and safety concerns related to the coronavirus (COVID-19) pandemic and recommendations and orders from federal and Pennsylvania authorities, the location of its annual meeting has been changed to a virtual format only.  Shareholders will not be able to attend the annual meeting in person.As previously announced, the annual meeting will be held on Tuesday, April 28, 2020 at 9:00 a.m., Eastern Daylight Time.Information for Shareholders of RecordIf you were a shareholder of record as of March 12, 2020 (i.e., you held your shares in your own name as reflected in the records of our transfer agent,...

BEDMINSTER, NJ, April 03, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Peapack-Gladstone Bank, the wholly owned subsidiary of Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), continues to dedicate support to its small business and not-for-profit clients, and the communities it serves.“We are concentrating our efforts on supporting our communities, whether it’s our small business clients who are trying to navigate through the Paycheck Protection Program (PPP) or our not-for-profit clients who are desperately continuing their fight to provide food and shelter for those in need,” stated Douglas L. Kennedy, President and Chief Executive Officer.  “We understand that we are all in this together.”  Through its website − www.pgbank.com − the Bank has provided a basic and easy way for small business clients to find...

SALT LAKE CITY, April 03, 2020 (GLOBE NEWSWIRE) — ZAGG Inc (NASDAQ: ZAGG) (“ZAGG” or the “Company”), a leading global mobile lifestyle company, today acknowledged an amended Schedule 13D filed today with the Securities and Exchange Commission by Roumell Asset Management, LLC regarding potential director candidates.  The Company regularly engages in open and transparent dialogue with its investors and the Board of Directors always considers constructive input from shareholders that helps drive long-term shareholder value.About ZAGG Inc:ZAGG Inc is a global leader in accessories and technologies that empower mobile lifestyles. The Company has an award-winning product portfolio that includes screen protection, mobile keyboards, power management solutions, social tech, and personal audio sold under the ZAGG, mophie, InvisibleShield,...

Not for distribution to United States newswire services or for dissemination in the United StatesVANCOUVER, British Columbia, April 03, 2020 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the “Company”) is pleased to announce the closing of an offering, on a non-brokered private placement basis, of 4,237,042 units of the Company (the “Units“) at a subscription price of $0.25 per Unit for aggregate gross proceeds of $1,059,261 (the “Private Placement“). Each Unit consists of one common share of the Company (each, a “Common Share“) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant“). Each Warrant entitles the holder to purchase one Common Share at a price of $0.40 for a period of three (3) years following...

*Core revenue is a non-GAAP financial measure. A reconciliation of core revenue to GAAP revenue is included under the heading “Non-GAAP Financial Measures” below.