Day: December 4, 2018

Mark Aslett Elected to Aerospace Industries Association Executive Committee

ANDOVER, Mass., Dec. 04, 2018 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced that Mark Aslett, President and Chief Executive Officer, was elected to a three-year term on the Executive Committee of the Aerospace Industries Association (AIA) beginning in 2019. In this role, he will work with other Committee members to act as a visionary for the organization, ensure adherence to its mission, vision and code of ethics, while developing and expanding programs and services for the membership. “We’re pleased to welcome Mark to serve on AIA’s Executive Committee,” said AIA President and CEO Eric Fanning. “He’ll bring

TESARO, Inc. Gives Notice of Anticipated Make-Whole Adjustment Event to Holders of Its Convertible Senior Notes

WALTHAM, Mass., Dec. 04, 2018 (GLOBE NEWSWIRE) — TESARO, Inc. (NASDAQ:TSRO), an oncology-focused biopharmaceutical company, today announced that, pursuant to the terms of the indenture (the “Indenture”) governing the terms of its 3.00% Convertible Senior notes due 2021 (the “Notes”), it anticipates that a Make-Whole Adjustment Event, as such term is defined in the Indenture, will occur as a result of completion of the proposed transactions contemplated by the Agreement and Plan of Merger, dated December 3, 2018 (the “Agreement”), by and between TESARO, GlaxoSmithKline plc (“Parent”) and Adriatic Acquisition Corporation (“Purchaser”). As previously announced, pursuant to the Agreement, Purchaser

uBreakiFix Expands South Carolina Presence With New Lexington Store

Industry-Leading Tech Repair Brand Brings High Quality Electronics Support to Lake Murray Area LEXINGTON, S.C., Dec. 04, 2018 (GLOBE NEWSWIRE) — Tech repair brand uBreakiFix opened its newest location, uBreakiFix Lexington, on November 27 at 5594 Sunset Boulevard. This is the brand’s fourth location in South Carolina, joining stores in Haywood, Mount Pleasant, and Spartanburg. uBreakiFix services anything with a power button, including smartphones, game consoles, tablets, computers, drones, hoverboards, and everything in between. To date, uBreakiFix has completed more than 4.5 million repairs. While common fixes include cracked screens, software issues, and camera issues, the brand offers support for

Fengate and Longroad Energy Partners announce co-development and financing partnership to develop and construct Maine wind project

Houston, Texas, Dec. 04, 2018 (GLOBE NEWSWIRE) — Fengate Asset Management (“Fengate”) and Longroad Energy Partners, LLC (“LEP”) are pleased to announce a co-development and financing partnership to develop and construct the 72.6 MW Weaver wind project in Hancock County, Maine (“Weaver”). “Fengate is very pleased to partner with LEP to further expand our renewable energy investments in the United States,” said Greg Calhoun, Director, Infrastructure US, Fengate. “This investment will build and provide a new source of clean, reliable energy for Maine, in partnership with the most experienced and accomplished wind energy developer in the state.” “We are very

Lundin Mining Announces TSX Approval for a Normal Course Issuer Bid

TORONTO, Dec. 04, 2018 (GLOBE NEWSWIRE) — (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) announces that the Toronto Stock Exchange (the “TSX”) has accepted the notice of Lundin Mining’s intention to commence a normal course issuer bid (the “NCIB”). This approval allows the Company to purchase up to 63,718,842 common shares of the Company (the “Common Shares”) (representing 10% of the 733,509,679 issued and outstanding Common Shares as of December 3, 2018, minus those Common Shares beneficially owned, or over which control or direction is exercised by the Company, the senior officers and directors

Sanchez Energy Announces Engagement of Financial Advisor to Explore Strategic Alternatives

HOUSTON, Dec. 04, 2018 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE: SN) today announced that it has engaged Moelis & Company LLC as financial advisor to explore strategic alternatives to strengthen its balance sheet and maximize the value of the company. “Throughout this year, the company has been focused on taking critical steps to stabilize its production profile and reduce the capital intensity of the business. The responsive actions taken by our team are beginning to result in increased operating margins and cash flow as we head into 2019,” said Tony Sanchez, III, President and Chief Executive Officer of Sanchez

Flexion Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

BURLINGTON, Mass., Dec. 04, 2018 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced a grant of inducement stock options to five new employees for an aggregate of 24,150 shares of common stock. The Compensation Committee of the Board of Directors approved the grants with an effective date of December 3, 2018. The stock options have an exercise price of $16.46 per share and were granted as inducements material to the employees entering into employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4).  The stock options vest over four years, with 25% of the shares vesting on the

IGC Resources and Westleaf Announce Closing of $20 Million Financing Including Investment from Tilray

Funding round includes $2.9 million strategic investment from Tilray, viewed as validating Westleaf’s strategy to roll-out its differentiated cannabis retail concept across Canada, focused on innovative retail experiences and engaging cannabis brands Not for distribution to U.S. Newswire Services or for dissemination in the United States of America. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws. CALGARY, Alberta, Dec. 04, 2018 (GLOBE NEWSWIRE) — IGC Resources Inc. (TSXV:IGC.H) (the “Corporation” or “IGC”) and Westleaf Cannabis Inc. (“Westleaf”), are pleased to announce that IGC has closed its previously announced brokered private placement of subscription

A Subsidiary of Synalloy Corporation Enters into a Definitive Agreement to Acquire the Assets of American Stainless Tubing, Inc.

RICHMOND, Va., Dec. 04, 2018 (GLOBE NEWSWIRE) — Synalloy Corporation (Nasdaq: SYNL) today announced that its wholly-owned subsidiary, ASTI Acquisition, LLC, has signed a definitive agreement to acquire substantially all of the assets of American Stainless Tubing, Inc. (ASTI).  The parties expect the transaction to close on or by January 1, 2019.  The cash purchase price for the transaction is expected to range between $27 and $28 million including ASTI’s right to receive revenue-based earn-out payments over a three-year period following closing.  At closing, the company plans to title ASTI’s real estate to its sale lease-back partner, Store Capital, who

Northrop Grumman Announces New $3 Billion Share Repurchase Authorization

FALLS CHURCH, Va., Dec. 04, 2018 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $3 billion for the repurchase of the company’s common stock, increasing the outstanding authorized amount to approximately $4.1 billion. Share repurchases will take place from time to time, subject to market conditions and management’s discretion, in the open market or in privately negotiated transactions. Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. Please visit www.northropgrumman.com

Arctic Glacier Issues Default Status Report Pursuant to National Policy 12-203

WINNIPEG, Manitoba, Dec. 04, 2018 (GLOBE NEWSWIRE) — Arctic Glacier Income Fund (CSE: AG.UN) (the “Fund”) is providing a default status report, in accordance with the alternative information guidelines set out in National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults (“National Policy 12-203”). On August 15, 2012, the Fund announced (the “Default Announcement”) that it would not be able to file an interim financial report and interim management’s discussion and analysis for the period ended June 30, 2012, together with the related certification of filings under National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings

MicroVision Announces Proposed Public Offering of Common Stock

REDMOND, Wash., Dec. 04, 2018 (GLOBE NEWSWIRE) — MicroVision, Inc. (Nasdaq: MVIS), a leader in innovative ultra-miniature projection display and sensing technology, today announced that it intends to offer to sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS), is acting as sole book-running manager and representative of the underwriters of the offering. Craig-Hallum Capital Group LLC is acting as co-manager of the offering. MicroVision also expects to grant the underwriters a 30-day option to purchase

Study Shows Natural Gas Is Key to Reaching Northwest Emission Reduction Goals

Research by E3 Takes In-Depth Look at Decarbonization with Focus on Coldest Days PORTLAND, Ore., Dec. 04, 2018 (GLOBE NEWSWIRE) — A new study commissioned by NW Natural and conducted by independent consulting firm, Energy and Environmental Economics (E3), shows natural gas plays a pivotal role in helping the region meet dramatic emission reduction goals most affordably and reliably. To date, all “deep decarbonization” studies agree that getting to an 80% carbon reduction goal by 2050 will be challenging and must involve using energy more efficiently, ramping up renewable resources, electrifying passenger vehicles, and aggressively developing biofuels, including renewable natural

Major Drilling Reports Profitable Second Quarter Results for Fiscal 2019

MONCTON, New Brunswick, Dec. 04, 2018 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX: MDI) today reported results for its second quarter of fiscal year 2019, ended October 31, 2018. Highlights In millions of Canadian dollars(except earnings (loss) per share) Q2 2019 Q2 2018 YTD 2019 YTD 2018 Revenue $ 105.5   $ 88.0   $ 204.0   $ 171.9   Gross profit  As percentage of revenue   28.927.4 %   21.224.1 %   52.325.7 %   37.922.1 % EBITDA(1)  As percentage of revenue   15.614.8 %   9.110.3 %   25.712.6 %   14.48.4 % Net earnings (loss)

The North Carolina Turnpike Authority selects TransCore to deploy innovative tolling back office solution

TransCore to deliver its Integrity Back Office System to enhance the customer experience   NASHVILLE, Tenn., Dec. 04, 2018 (GLOBE NEWSWIRE) — As part of its long-term initiative to offer best-in-class account management and customer service, the North Carolina Turnpike Authority (NCTA) has begun developing its next generation back office system to provide transparency in all transactions and continue enhancing the customer experience for tolling facilities throughout the state. After a comprehensive procurement process that included a preliminary system design, as well as validating potential vendor capabilities and proposed system functionality, the NCTA selected TransCore to design and implement its customer

Domo Wins Gold as Enterprise Product of the Year, Software Category, in Best in Biz Awards 2018

Honor Builds on Growing List of Customer-based Accolades for Helping Transform the Way Business is Managed with Real-Time Data SILICON SLOPES, Utah, Dec. 04, 2018 (GLOBE NEWSWIRE) — Domo® (Nasdaq: DOMO), provider of the leading cloud-based operating system for business, has been named a Gold winner as the Enterprise Product of the Year in the software category by the Best in Biz Awards.  Domo is designed to help business decision makers across organizations – from the CEO to the frontline worker – transform the way they manage their business. Domo connects all a company’s data, people and systems to create

Griffin Announces Fiscal 2018 Fourth Quarter Leasing

NEW YORK, Dec. 04, 2018 (GLOBE NEWSWIRE) — Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended November 30, 2018 (the “2018 fourth quarter”) it leased approximately 75,000 square feet of industrial/warehouse space and renewed leases of approximately 149,000 square feet of industrial/warehouse space. The new leases included an approximate 63,000 square foot lease in 330 Stone Road, the approximately 137,000 square foot industrial/warehouse building in New England Tradeport (“NE Tradeport”), Griffin’s industrial park located in Windsor and East Granby, Connecticut, that was built on speculation and placed in service just prior to the end of

Big 8 Split Inc. Announces Final Redemption

TORONTO, Dec. 04, 2018 (GLOBE NEWSWIRE) — Big 8 Split Inc. (the “Company”) announced today that in connection with the previously announced upcoming maturity of the fund on December 14, 2018, 739,483 Class D Preferred Shares and 739,483 Class D Capital Shares have been tendered for redemption. The redemption price to be paid for the Class D Preferred Shares will be $10.00 per Class D Preferred Share, and the redemption price for the Class D Capital Shares will be $16.56 per Class D Capital Share. Holders of Class D Capital Shares tendered 140,139 Class D Capital Shares (representing approximately 15.93%

HTHT DEC. 7 ALERT: Rosen Law Firm Reminds Huazhu Group Ltd. Investors of Important Deadline in Class Action – HTHT

NEW YORK, Dec. 04, 2018 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Huazhu Group Ltd. (NASDAQ: HTHT) from May 14, 2018 through August 28, 2018, inclusive (the “Class Period”) of the important December 7, 2018 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for Huazhu investors under the federal securities laws. To join the Huazhu class action, go to https://www.rosenlegal.com/cases-1409.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or zhalper@rosenlegal.com for information on the class action. NO

INVESTOR ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ryanair Holdings plc and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, Dec. 04, 2018 (GLOBE NEWSWIRE) — The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ryanair Holdings plc (“Ryanair” or “the Company”) (NASDAQ: RYAAY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s American depositary receipts between May 30, 2017 and September 28, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before January 7, 2019.                              If you are a shareholder who suffered a