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Month: April 2020

Consulting Magazine Names FTI Consulting’s Jordan Rae Kelly to Women Leaders in Technology List

WASHINGTON, April 13, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that Consulting magazine has named Jordan Rae Kelly as one of the recipients of its inaugural Women Leaders in Technology awards.Ms. Kelly, a Senior Managing Director and Head of Cybersecurity for the Americas at FTI Consulting, was recognized in the Leadership category. She advises clients on a broad range of cybersecurity and data privacy matters involving breaches, insider threats, intellectual property, crisis communications, vendor management, compliance, regulation, risk management and forensic investigations.“Jordan is, without a doubt, one of the top women in the field of cybersecurity, and this award is a reflection of that preeminence,” said Anthony J. Ferrante, Global Head of Cybersecurity at FTI Consulting. “Jordan is an established...

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Eloxx Pharmaceuticals to Report First Quarter 2020 Financial Results and Provide Business Update on May 7, 2020

WALTHAM, Mass., April 13, 2020 (GLOBE NEWSWIRE) — Eloxx Pharmaceuticals, Inc. (NASDAQ: ELOX), a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel therapeutics to treat cystic fibrosis and other diseases caused by nonsense mutations limiting production of functional proteins, today announced that it will release its first quarter 2020 financial and operational results and host a conference call and live webcast on Thursday, May 7, 2020.Conference Call Information:Date: Thursday, May 7, 2020Time: 4:30 p.m. ETDomestic Dial-in Number: (866) 913-8546International Dial-in Number: (210) 874-7715Conference ID: 7798542Live Webcast: accessible from the Company’s website at www.eloxxpharma.com under Events and Presentations or with this link: https://edge.media-server.com/mmc/p/tgendj2cAbout...

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PAE to Mobilize Georgia World Congress Center as Alternate Care Site for COVID-19 Response

Falls Church, Va., April 13, 2020 (GLOBE NEWSWIRE) — PAE (NASDAQ: PAE, PAEWW), a global leader in delivering smart solutions to the U.S. government and its allies, was chosen by the Georgia Emergency Management and Homeland Security Agency to mobilize the Georgia World Congress Center in Atlanta as an Alternative Care Site to provide treatment for COVID-19 patients.PAE will apply specialized expertise on the $21.5 million contract, built from a long history providing crisis response to the U.S. government, ranging from military expeditionary support in austere environments to supporting infectious disease outbreak response and care.The PAE Expeditionary Support and Stabilization Team will quickly manage setting up a 200-bed medical facility in the convention center and provide operations, maintenance and logistical support throughout...

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BrainsWay Announces Preliminary Revenue Range for First Quarter of 2020

PATTERSON, N.J., April 13, 2020 (GLOBE NEWSWIRE) — BrainsWay Ltd. (NASDAQ & TASE: BWAY) (“BrainsWay” or the “Company”), a global leader in the advanced non-invasive treatment of brain disorders, today announced a preliminary, unaudited revenue range for the first quarter ended March 31, 2020. Specifically, the Company expects first quarter revenues to be within the range of $3.9 million to $4.2 million.“Our revenue estimate for the first quarter reflects the impact that the COVID-19 global health pandemic is having on our business,” said Christopher von Jako, Ph.D., President and Chief Executive Officer of BrainsWay. “This impact is due in part to certain new customers who have not previously offered deep transcranial magnetic stimulation (Deep TMS) treatment being unable to finalize orders or to accept delivery of ordered...

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RADA Announces $10 Million in New Orders During March 2020

NETANYA, Israel, April 13, 2020 (GLOBE NEWSWIRE) — RADA Electronic Industries Ltd. (NASDAQ: RADA) announced the receipt of close to $10 million in new orders during March 2020, compared to $6 million during March 2019. The aggregate amount of new orders for the first quarter of 2020 reached $16 million.Out of the $10 million in orders for March 2020, the vast majority were orders for RADA’s software-defined tactical radars for counter UAV, short-range air defense (SHORAD) and counter fires (C-RAM). The majority of these orders were follow-ons from existing customers. All these orders are expected to be delivered during 2020.RADA continues to expect revenues to grow in 2020 to over $65 million, an increase of over 47% year-over-year. Furthermore, and based on orders in hand, first half revenues are on track to meet management expectations.Dov...

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SouthGobi announces deferral of CIC payment obligation

VANCOUVER, British Columbia, April 13, 2020 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces that it has agreed to a deferral of the payment obligation which is due and payable to CIC on April 19, 2020.Reference is made to the announcement of the Company dated March 19, 2020 (the “Announcement“). Capitalized terms used herein, unless otherwise defined, shall have the same meanings as those defined in the Announcement. On April 10, 2020, the Company and CIC entered into an agreement (the “2020 April Deferral Agreement”) pursuant to which CIC agreed to grant the Company a deferral of deferred cash interest and deferral fees of $2.0 million (the “April 2020 Deferral Agreement Amount”) which is due and payable to CIC on April 19, 2020 under the 2019 Deferral Agreement....

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Golden Minerals Announces Updated COVID-19-Related Activities

GOLDEN, Colo., April 13, 2020 (GLOBE NEWSWIRE) — Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) has announced several updates with regards to the Company’s COVID-19-related plans and activities.In compliance with the recent directive of the Mexican Federal Government to suspend all non-essential activities, including mining, until April 30, 2020 in response to the COVID-19 pandemic, the Company has begun an orderly and safe suspension of mining activities at its Velardeña Properties (Durango State, Mexico). Work is being conducted jointly with Hecla Mining Company to shut down the oxide mill that Hecla presently leases from the Company. Hecla will, per the terms of the existing lease agreement, continue to pay the fixed monthly fee of US$125,000 to Golden for up to 90 days during...

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Golden Minerals Signs Earn-In Agreement With Barrick Gold Corporation at El Quevar

GOLDEN, Colo., April 13, 2020 (GLOBE NEWSWIRE) — Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) announced today that it has entered into an earn-in agreement (the “Agreement”) with Barrick Gold Corporation (“Barrick”) (TSX: ABX and NYSE: GOLD) whereby Barrick has acquired an option to earn a 70% interest in Golden’s El Quevar project located in the Salta Province of Argentina.As part of the Agreement, Barrick will purchase US$1.0 million of Golden Minerals shares pursuant to a private placement transaction at a price of $0.21 per share, which is equal to the 20-day VWAP of the Company’s common shares on the NYSE American exchange on the date of the agreement. The shares will be subject to applicable restrictions on transfer under U.S. and Canadian securities laws.In order to...

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HC2 Holdings Sends Letter To Stockholders Highlighting The Strengths Of The Board Of Directors And Exposing The Shortcomings Of Percy Rockdale’s Woefully Unqualified And Inexperienced Slate Of Nominees

HC2 Recommends Stockholders Sign, Date and Promptly Return the WHITE Consent Revocation Card and Mark “REVOKE MY CONSENT” Boxes to Oppose Each of Percy Rockdale’s Proposals and Support HC2’s Independent, Experienced and Highly-Qualified DirectorsNEW YORK, April 13, 2020 (GLOBE NEWSWIRE) — The Board of Directors of HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, today issued a letter to stockholders demonstrating how HC2’s Board of Directors is uniquely qualified to oversee HC2 and drive stockholder value.  “As our stockholders know, the HC2 Board and I continue to strive for corporate governance excellence and enhancing stockholder value,” said Philip Falcone, President and Chief Executive Officer of HC2.  “Collectively, we stand in stark contrast to Percy Rockdale and its slate of woefully...

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USI Insurance Services Acquires Chapman & Chapman

VALHALLA, N.Y., April 13, 2020 (GLOBE NEWSWIRE) — USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Cleveland, Ohio-based Chapman & Chapman. Founded in 1886, Chapman & Chapman is a regional employee benefit and retirement consulting firm. Terms of the transaction were not disclosed.“USI is an established leader in the risk management, employee benefit and retirement consulting market, known for their best-in-class solutions,” added Kristin Chapman, partner, Chapman & Chapman. “The cultural fit for our internal teams and the aligned approach to exceptional client service is our priority. We are excited about the depth of resources USI provides to enable us to deliver the most innovative and customized solutions to our clients.”###Timothy...

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