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  • MIL-OSI: BACXN Launches Global Partnership Expansion Plan, Accelerating Construction of Multilateral Digital Asset Infrastructure Network

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 18, 2025 (GLOBE NEWSWIRE) — BACXN has officially launched its “Global Partnership Expansion Plan,” with the first batch of strategic agreements already signed with several technology and infrastructure partners from Singapore, Switzerland, and the United Arab Emirates. This move marks the BACXN entry into a new stage of platform globalization and demonstrates its dual-track strategy of “deep cultivation + synergy” within the global Web3 ecosystem.

    In the rapidly converging world of digital finance and blockchain, no platform can build an ecosystem in isolation. Truly vital projects are always deeply rooted in the global open network. BACXN has always upheld the philosophy of “connecting the world, building the future together,” actively forging close partnerships with leading enterprises, academic institutions, and technology innovation teams across multiple countries to drive both technological innovation and practical applications forward in unison.

    Since its inception, the platform has established deep collaborations with organizations such as Polygon, the Ethereum Foundation, MIT Blockchain Lab, and the National University of Singapore. Through joint research and development, hackathons, and academic cooperation, BACXN continuously absorbs cutting-edge achievements, transforming exploratory thinking into momentum for product evolution. The platform-led “Digital Inclusion Program” and “Blockchain Education Initiative” are both carried out with multilateral support, combining technological exploration with social value.

    To further accelerate the integration of technology and business, BACXN has established Labs and a Ventures Fund, focusing on key areas such as privacy computing, cross-chain communication, RWA (Real World Assets), and decentralized identity. Labs provides engineering support and resource collaboration, while Ventures assists partner projects with funding and market networks to enable rapid validation and real-world deployment. Several innovative projects have already moved from concept to commercialization through this system, with deployments in ecosystems like Sui, TON, and Ethereum.

    On the global operations front, BACXN has achieved localized user access by collaborating with local industry leaders, payment channel providers, and Web3 infrastructure companies. In Southeast Asia, the Middle East, and Europe, the platform is advancing the standardization and popularization of user experience through a “joint expansion” strategy, accelerating the transition from Web3 awareness to practical usage.

    BACXN firmly believes that the next stage of digital finance does not belong to any single player, but to a global network woven by cooperation, connection, and trust. Looking forward, we will continue to work openly and pragmatically with visionary partners to jointly build a trustworthy, accessible, and mutually beneficial digital asset world.

    Media Contact: support@bacxn.org

    Disclaimer: This press release is provided by BACXN. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4f6061b9-a0a4-4314-a8d6-145cce7c33e3

    The MIL Network –

  • MIL-OSI: BACXN Launches Global Partnership Expansion Plan, Accelerating Construction of Multilateral Digital Asset Infrastructure Network

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 18, 2025 (GLOBE NEWSWIRE) — BACXN has officially launched its “Global Partnership Expansion Plan,” with the first batch of strategic agreements already signed with several technology and infrastructure partners from Singapore, Switzerland, and the United Arab Emirates. This move marks the BACXN entry into a new stage of platform globalization and demonstrates its dual-track strategy of “deep cultivation + synergy” within the global Web3 ecosystem.

    In the rapidly converging world of digital finance and blockchain, no platform can build an ecosystem in isolation. Truly vital projects are always deeply rooted in the global open network. BACXN has always upheld the philosophy of “connecting the world, building the future together,” actively forging close partnerships with leading enterprises, academic institutions, and technology innovation teams across multiple countries to drive both technological innovation and practical applications forward in unison.

    Since its inception, the platform has established deep collaborations with organizations such as Polygon, the Ethereum Foundation, MIT Blockchain Lab, and the National University of Singapore. Through joint research and development, hackathons, and academic cooperation, BACXN continuously absorbs cutting-edge achievements, transforming exploratory thinking into momentum for product evolution. The platform-led “Digital Inclusion Program” and “Blockchain Education Initiative” are both carried out with multilateral support, combining technological exploration with social value.

    To further accelerate the integration of technology and business, BACXN has established Labs and a Ventures Fund, focusing on key areas such as privacy computing, cross-chain communication, RWA (Real World Assets), and decentralized identity. Labs provides engineering support and resource collaboration, while Ventures assists partner projects with funding and market networks to enable rapid validation and real-world deployment. Several innovative projects have already moved from concept to commercialization through this system, with deployments in ecosystems like Sui, TON, and Ethereum.

    On the global operations front, BACXN has achieved localized user access by collaborating with local industry leaders, payment channel providers, and Web3 infrastructure companies. In Southeast Asia, the Middle East, and Europe, the platform is advancing the standardization and popularization of user experience through a “joint expansion” strategy, accelerating the transition from Web3 awareness to practical usage.

    BACXN firmly believes that the next stage of digital finance does not belong to any single player, but to a global network woven by cooperation, connection, and trust. Looking forward, we will continue to work openly and pragmatically with visionary partners to jointly build a trustworthy, accessible, and mutually beneficial digital asset world.

    Media Contact: support@bacxn.org

    Disclaimer: This press release is provided by BACXN. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4f6061b9-a0a4-4314-a8d6-145cce7c33e3

    The MIL Network –

  • MIL-OSI: ThoughtSpot Named a Leader in the 2025 Gartner® Magic Quadrant™ for Analytics and BI Platforms

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., June 18, 2025 (GLOBE NEWSWIRE) — ThoughtSpot, the Agentic Analytics Platform company, today announced Gartner Inc. has positioned the company in the Leaders quadrant in the 2025 Gartner® Magic Quadrant™ for Analytics and BI Platforms. A complimentary copy of the report can be found here.

    We believe the 2025 Gartner Magic Quadrant arrives amidst a transformative period, characterized by a rapid surge in demand for trusted generative AI solutions that customers can rely on. Business, data, and product leaders are faced with the challenge of scaling efficiently, sparking innovation and delivering differentiated experiences – or risk being left behind. Traditional BI tools characterized by static charts and standalone dashboards that require the user to go and find the insight are long over. We’re now in a world where self-service is delivering the experience it always meant to be.

    ThoughtSpot’s recognition as a Leader in this dynamic landscape of GenAI analytics we feel is a testament to how our agentic analytics platform is connecting users with accessible, governed, transparent AI-powered insights embedded directly in their flow of work. We believe the recognition underscores ThoughtSpot’s unwavering commitment to redefining how the world gets insights, empowering businesses to drive decisions on data and AI at scale.

    Customers like Capital One, Comcast, Lyft, and Klaviyo are turning to ThoughtSpot as an innovative business partner they can trust to deliver value in their GenAI analytics strategies.

    As reviewed on Gartner Peer Insights™ by customers across industries and roles:

    • “ThoughtSpot has been an excellent choice for our business users who may not be technically savvy, but have mastery of their data. This tool allows them to drill down into levels of detail quickly and easily to help them understand how the business is performing, detect anomalies, and perform data-driven strategic planning,” said a VP of data engineering at $30B insurance firm; source.
    • “We wanted the best natural language search BI tool that leverages generative AI and helps both technical and non-technical business users access their data and get their questions answered. We were able to successfully implement a production analytics offering within 4 months from contract signing, which was incredible including we were able to keep the team optimised… Spotter is tech that’s best in class, drill down on visuals was also really important to always be able to access the underlying data,” said the data product manager at an IT Services company; source.

    “We are incredibly proud to be recognized as a Leader in the 2025 Gartner Magic Quadrant as the industry fully embraces the transformative power of AI-powered analytics – a shift that legacy BI solutions simply weren’t built for,” said Ketan Kharkanis, CEO at ThoughtSpot. “ThoughtSpot has surged in driving Agentic Analytics for the market, enabling customers across the Fortune 500 to agile startups in operationalizing data and AI at scale with connected insights that meet you where you are. Our robust platform supports data teams in preparing AI ready data in Analyst Studio, equips business users with a conversational data experience that takes them from insight to action, and allows product builders and developers to effortlessly create smart apps and intelligent experiences. As a trusted partner, we empower our customers to unlock unprecedented value and drive their businesses forward with confidence. This continued recognition is a testament to our relentless pursuit of innovation, from pioneering search-driven analytics to now leading the industry with agentic analytics.”

    Key Business Achievements

    The report publication follows a year of exceptional growth and innovation for ThoughtSpot, including:

    • The launch of Spotter, an agentic AI analyst, built for every business user and transforming the way users proactively derive actionable and meaningful insights from their data.
    • The expansion of the ThoughtSpot platform with the introduction of Analyst Studio, the creator space that empowers data teams to get data ready for AI and analytics, manage cloud costs, seamlessly switch between ad-hoc analysis and advanced data science, and focus on driving strategic impact—all within a unified, flexible, and integrated platform.
    • ThoughtSpot announced two additional agentic capabilities including ThoughtSpot Agentic MCP Server, allowing users to bring the power of the world’s leading Agentic Analytics Platform to any AI agent or application that supports MCP and the introduction of ThoughtSpot’s Agentic Semantic Layer designed for the AI era. This advanced semantic layer acts as the intelligent bridge between your data and the business logic that drives decision-making.
    • Deepened relationships with global partnerships across our ecosystem with the launch of ThoughtSpot’s agentic analytics platform for Snowflake customers, DataSpot, ThoughtSpot’s agentic analytics platform for Databricks customers, and a new channel partnership with Panasonic Solution Technology Partners in Japan.
    • Key leadership appointments that have accelerated the global vision and growth of ThoughtSpot, including naming Ketan Karkhanis as CEO, Micheline Nijmeh as CMO and Brad Roberts as CFO.
    • Rapid expansion of ThoughtSpot’s global presence with significant growth in Japan, ANZ and across EMEA. These key regions are pivotal to continued growth and helping leading organizations across the globe with AI-powered data-driven decision making.
    • ThoughtSpot has also been recognized by CRN in the 2025 Cloud 100, AI 100 and Big Data 100 lists, a leader in Snowflake’s Modern Marketing Data Stack Report and a Proddy Award winner for the Top Embedded Analytics Product by Product School.
    • These milestones are underpinned by ThoughtSpot posting significant fiscal growth in Fiscal Year 2024, closing with 40% year-over-year SaaS growth and more than doubling its monthly active users.

    Download the report here.

    About the Gartner Magic Quadrant

    Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables companies to get the most from market analysis in alignment with their unique business and technology needs.

    Gartner, Magic Quadrant for Analytics and Business Intelligence Platforms, Anirudh Ganeshan, Edgar Macari, Jamie O’Brien, Kurt Schlegel, Christopher Long, June 16, 2025.

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    About ThoughtSpot
    ThoughtSpot is the Agentic Analytics Platform that empowers every enterprise to transform insights into action. Our mission is to create a more fact-driven world by delivering a platform where anyone can effortlessly explore any data, ask any question, and uncover actionable insights faster—leading to growth, better business outcomes, and efficiency in their organizations. Agentic AI combined with ThoughtSpot’s intuitive natural language search, every user can confidently discover proactive insights from their business data creating real-time decisioning with impact. The platform’s unified capabilities, along with our agentic AI analyst, Spotter, ensures insights are connected and pervasive, enabling users to create precise, transparent, personalized, and actionable insights with enterprise grade trust, security, and scale. Accessible via the web and mobile app, ThoughtSpot ensures intelligent decision-making happens seamlessly, wherever and whenever needed. For organizations looking to drive value, ThoughtSpot Embedded provides a low-code solution to integrate AI-powered analytics directly into products and services that make every application an intelligent experience, driving data monetization and boosting user engagement for customers. Industry leaders like NVIDIA, Toyota, Hilton Worldwide, Capital One and Matillion rely on ThoughtSpot to transform how their employees and customers take advantage of data to create better business outcomes. Try ThoughtSpot today and experience the new era of analytics.

    PR Contact:
    Lindsay Noonan
    Director of Communications, ThoughtSpot
    press@thoughtspot.com

    The MIL Network –

  • MIL-OSI: ThoughtSpot Named a Leader in the 2025 Gartner® Magic Quadrant™ for Analytics and BI Platforms

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., June 18, 2025 (GLOBE NEWSWIRE) — ThoughtSpot, the Agentic Analytics Platform company, today announced Gartner Inc. has positioned the company in the Leaders quadrant in the 2025 Gartner® Magic Quadrant™ for Analytics and BI Platforms. A complimentary copy of the report can be found here.

    We believe the 2025 Gartner Magic Quadrant arrives amidst a transformative period, characterized by a rapid surge in demand for trusted generative AI solutions that customers can rely on. Business, data, and product leaders are faced with the challenge of scaling efficiently, sparking innovation and delivering differentiated experiences – or risk being left behind. Traditional BI tools characterized by static charts and standalone dashboards that require the user to go and find the insight are long over. We’re now in a world where self-service is delivering the experience it always meant to be.

    ThoughtSpot’s recognition as a Leader in this dynamic landscape of GenAI analytics we feel is a testament to how our agentic analytics platform is connecting users with accessible, governed, transparent AI-powered insights embedded directly in their flow of work. We believe the recognition underscores ThoughtSpot’s unwavering commitment to redefining how the world gets insights, empowering businesses to drive decisions on data and AI at scale.

    Customers like Capital One, Comcast, Lyft, and Klaviyo are turning to ThoughtSpot as an innovative business partner they can trust to deliver value in their GenAI analytics strategies.

    As reviewed on Gartner Peer Insights™ by customers across industries and roles:

    • “ThoughtSpot has been an excellent choice for our business users who may not be technically savvy, but have mastery of their data. This tool allows them to drill down into levels of detail quickly and easily to help them understand how the business is performing, detect anomalies, and perform data-driven strategic planning,” said a VP of data engineering at $30B insurance firm; source.
    • “We wanted the best natural language search BI tool that leverages generative AI and helps both technical and non-technical business users access their data and get their questions answered. We were able to successfully implement a production analytics offering within 4 months from contract signing, which was incredible including we were able to keep the team optimised… Spotter is tech that’s best in class, drill down on visuals was also really important to always be able to access the underlying data,” said the data product manager at an IT Services company; source.

    “We are incredibly proud to be recognized as a Leader in the 2025 Gartner Magic Quadrant as the industry fully embraces the transformative power of AI-powered analytics – a shift that legacy BI solutions simply weren’t built for,” said Ketan Kharkanis, CEO at ThoughtSpot. “ThoughtSpot has surged in driving Agentic Analytics for the market, enabling customers across the Fortune 500 to agile startups in operationalizing data and AI at scale with connected insights that meet you where you are. Our robust platform supports data teams in preparing AI ready data in Analyst Studio, equips business users with a conversational data experience that takes them from insight to action, and allows product builders and developers to effortlessly create smart apps and intelligent experiences. As a trusted partner, we empower our customers to unlock unprecedented value and drive their businesses forward with confidence. This continued recognition is a testament to our relentless pursuit of innovation, from pioneering search-driven analytics to now leading the industry with agentic analytics.”

    Key Business Achievements

    The report publication follows a year of exceptional growth and innovation for ThoughtSpot, including:

    • The launch of Spotter, an agentic AI analyst, built for every business user and transforming the way users proactively derive actionable and meaningful insights from their data.
    • The expansion of the ThoughtSpot platform with the introduction of Analyst Studio, the creator space that empowers data teams to get data ready for AI and analytics, manage cloud costs, seamlessly switch between ad-hoc analysis and advanced data science, and focus on driving strategic impact—all within a unified, flexible, and integrated platform.
    • ThoughtSpot announced two additional agentic capabilities including ThoughtSpot Agentic MCP Server, allowing users to bring the power of the world’s leading Agentic Analytics Platform to any AI agent or application that supports MCP and the introduction of ThoughtSpot’s Agentic Semantic Layer designed for the AI era. This advanced semantic layer acts as the intelligent bridge between your data and the business logic that drives decision-making.
    • Deepened relationships with global partnerships across our ecosystem with the launch of ThoughtSpot’s agentic analytics platform for Snowflake customers, DataSpot, ThoughtSpot’s agentic analytics platform for Databricks customers, and a new channel partnership with Panasonic Solution Technology Partners in Japan.
    • Key leadership appointments that have accelerated the global vision and growth of ThoughtSpot, including naming Ketan Karkhanis as CEO, Micheline Nijmeh as CMO and Brad Roberts as CFO.
    • Rapid expansion of ThoughtSpot’s global presence with significant growth in Japan, ANZ and across EMEA. These key regions are pivotal to continued growth and helping leading organizations across the globe with AI-powered data-driven decision making.
    • ThoughtSpot has also been recognized by CRN in the 2025 Cloud 100, AI 100 and Big Data 100 lists, a leader in Snowflake’s Modern Marketing Data Stack Report and a Proddy Award winner for the Top Embedded Analytics Product by Product School.
    • These milestones are underpinned by ThoughtSpot posting significant fiscal growth in Fiscal Year 2024, closing with 40% year-over-year SaaS growth and more than doubling its monthly active users.

    Download the report here.

    About the Gartner Magic Quadrant

    Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables companies to get the most from market analysis in alignment with their unique business and technology needs.

    Gartner, Magic Quadrant for Analytics and Business Intelligence Platforms, Anirudh Ganeshan, Edgar Macari, Jamie O’Brien, Kurt Schlegel, Christopher Long, June 16, 2025.

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    About ThoughtSpot
    ThoughtSpot is the Agentic Analytics Platform that empowers every enterprise to transform insights into action. Our mission is to create a more fact-driven world by delivering a platform where anyone can effortlessly explore any data, ask any question, and uncover actionable insights faster—leading to growth, better business outcomes, and efficiency in their organizations. Agentic AI combined with ThoughtSpot’s intuitive natural language search, every user can confidently discover proactive insights from their business data creating real-time decisioning with impact. The platform’s unified capabilities, along with our agentic AI analyst, Spotter, ensures insights are connected and pervasive, enabling users to create precise, transparent, personalized, and actionable insights with enterprise grade trust, security, and scale. Accessible via the web and mobile app, ThoughtSpot ensures intelligent decision-making happens seamlessly, wherever and whenever needed. For organizations looking to drive value, ThoughtSpot Embedded provides a low-code solution to integrate AI-powered analytics directly into products and services that make every application an intelligent experience, driving data monetization and boosting user engagement for customers. Industry leaders like NVIDIA, Toyota, Hilton Worldwide, Capital One and Matillion rely on ThoughtSpot to transform how their employees and customers take advantage of data to create better business outcomes. Try ThoughtSpot today and experience the new era of analytics.

    PR Contact:
    Lindsay Noonan
    Director of Communications, ThoughtSpot
    press@thoughtspot.com

    The MIL Network –

  • MIL-OSI: Correction: Interoil Annual report 2024 published

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 18 June 2025

    Interoil published its Annual Report 2024 on 13 June 2025. The ESEF file which was attached then did not include the Independent Auditor’s Report. The correct and complete ESEF file is attached hereto. For ease of reference and for completeness, the original Annual Report 2024 which was published on 13 June is also included here.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    Attachments

    The MIL Network –

  • MIL-OSI: Mountain America Credit Union Promotes Musheer Alambath to Senior Vice President of Internal Audit

    Source: GlobeNewswire (MIL-OSI)

    SANDY, Utah, June 18, 2025 (GLOBE NEWSWIRE) — Mountain America Credit Union is pleased to announce the promotion of Musheer Alambath to Senior Vice President of Internal Audit, effective June 1, 2025. In this newly created role, Alambath will continue to drive the credit union’s audit strategy and risk management framework as Mountain America advances its ambitious growth strategy and member-driven mission.

    A Media Snippet accompanying this announcement is available in this link.

    “Musheer has demonstrated outstanding leadership and strategic foresight since joining Mountain America last year,” said Sterling Nielsen, president and CEO of Mountain America Credit Union. “As we evolve to meet the needs of our growing membership, his promotion reflects our commitment to building a resilient, forward-thinking organization. Musheer’s expertise ensures we continue delivering exceptional experiences for our members.”

    Alambath joined Mountain America in October 2024 as vice president of internal audit, tasked with building a scalable audit function. Within eight months, he established a strong team, launched an audit framework, and improved internal governance.

    With over 20 years of experience, Alambath is a certified public accountant and has led audit teams across North America, Europe, and the Middle East. He began his career at a major UAE bank, earning six promotions, including vice president, while auditing key operations.

    A Sloan Fellow from Stanford Graduate School of Business, he holds a master’s degree in management. Alambath serves on the board of the Institute of Internal Auditors (IIA) in the U.S. and Toronto and is a noted speaker on financial innovation and regulation.

    “I’m honored to step into this new role at such a pivotal moment in Mountain America’s journey,” said Alambath. “Our growth demands not just scale, but smart governance. I’m excited to continue building a strong internal audit function that enables agility, enhances transparency, and supports sustainable growth for our members and communities.”

    This strategic appointment reflects Mountain America’s ongoing commitment to organizational excellence, innovation, and stewardship as it continues expanding its impact and reach.

    For more information about Mountain America, visit macu.com.

    About Mountain America Credit Union

    With more than 1 million members and $20 billion in assets, Mountain America Credit Union helps its members define and achieve their financial dreams. Mountain America provides consumers and businesses with a variety of convenient, flexible products and services, as well as sound, timely advice. Members enjoy access to secure cutting-edge mobile banking, more than 100 branches across its multistate region, and over 50,000 surcharge-free ATMs. Mountain America—guiding you forward. Learn more at macu.com.

    The MIL Network –

  • MIL-OSI: Purpose Investments Announces 0% Management Fee Until February 1, 2026, for Newly Launched Purpose XRP ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose” or “Purpose Investments”), Canada’s leading digital asset ETF manager and the firm behind the world’s first spot Bitcoin ETF, today announced a management fee holiday for its newly launched Purpose XRP ETF. Effective immediately, the ETF’s management fee will be fully waived until February 1, 2026.

    The Purpose XRP ETF offers investors spot exposure to XRP – the native token of the XRP Ledger, a decentralized blockchain built to enable fast, low-cost global payments. It is the only XRP ETF in Canada offering CAD-hedged units and is designed to help investors access digital assets securely and transparently through a regulated vehicle.

    “XRP’s real-world utility and global relevance continue to drive interest, and we want to make it even easier for Canadian investors to access this digital asset via ETF,” said Vlad Tasevski, Chief Innovation Officer at Purpose. “By fully waiving the management fee until early 2026, we’re reinforcing our commitment to simple and effective access to novel digital asset solutions that help investors cut through complexity.”

    All units of the ETF – CAD-hedged (TSX: XRPP), CAD non-hedged (TSX: XRPP.B), and USD (TSX: XRPP.U) – are included in the fee holiday. Additionally, to provide investors long-term confidence, following the fee holiday period ending in February 2026, the fund’s total Management Expense Ratio (MER) will be capped at 0.89%*.

    To learn more about the Purpose XRP ETF and the full lineup of Purpose’s digital asset solutions, please visit purposeinvest.com/crypto.

    About Purpose Investments

    Purpose Investments is an asset management company with over $24 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif.

    For further information, please email us at info@purposeinvest.com.

    Media inquiries:
    Keera Hart
    keera.hart@kaiserpartners.com
    905-580-1257

    *The MER cap is implemented at the discretion of Purpose Investments and is subject to change at any time.

    Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the Prospectus may be obtained from purposeinvest.com. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Crypto assets can be extremely volatile, and there is no guarantee that the amount invested will be returned to you.

    Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI Global: 50 years after ‘Jaws,’ researchers have retired the man-eater myth and revealed more about sharks’ amazing biology

    Source: The Conversation – USA – By Gareth J. Fraser, Associate Professor of Evolutionary Developmental Biology, University of Florida

    The shark in ‘Jaws’ became a terrifying icon. Universal Pictures via Getty Images

    The summer of 1975 was the summer of “Jaws.”

    The movie was adapted from a novel by Peter Benchley.
    Universal History Archive/Universal Images Group via Getty Images

    The first blockbuster movie sent waves of panic and awe through audiences. “Jaws” – the tale of a killer great white shark that terrorizes a coastal tourist town – captured people’s imaginations and simultaneously created a widespread fear of the water.

    To call Steven Spielberg’s masterpiece a creature feature is trite. Because the shark isn’t shown for most of the movie – mechanical difficulties meant production didn’t have one ready to use until later in the filming process – suspense and fear build. The movie unlocked in viewers an innate fear of the unknown, encouraging the idea that monsters lurk beneath the ocean’s surface, even in the shallows.

    And because in 1975 marine scientists knew far less than we do now about sharks and their world, it was easy for the myth of the rogue shark as a murderous eating machine to take hold, along with the assumption that all sharks must be bloodthirsty, mindless killers.

    People lined up to get scared by the murderous shark at the center of the ‘Jaws’ movie.
    Bettmann Archive via Getty Images

    But in addition to scaring many moviegoers that “it’s not safe to go in the water,” “Jaws” has over the years inspired generations of researchers, including me. The scientific curiosity sparked by this horror fish flick has helped reveal so much more about what lies beneath the waves than was known 50 years ago. My own research focuses on the secret lives of sharks, their evolution and development, and how people can benefit from the study of these enigmatic animals.

    The business end of sharks: Their jaws and teeth

    My own work has focused on perhaps the most terrifying aspect of these apex predators, the jaws and teeth. I study the development of shark teeth in embryos.

    Small-spotted catshark embryo (Scyliorhinus canicula), still attached to the yolk sac. This is the stage when the teeth begin developing.
    Ella Nicklin, Fraser Lab, University of Florida

    Sharks continue to make an unlimited supply of tooth replacements throughout life – it’s how they keep their bite constantly sharp.

    Hard-shelled prey, such as mollusks and crustaceans, from sandy substrates can be more abrasive for teeth, requiring quicker replacement. Depending on the water temperature, the conveyor belt-like renewal of an entire row of teeth can take between nine and 70 days, for example, in nurse sharks, or much longer in larger sharks. In the great white, a full-row replacement can take an estimated 250 days. That’s still an advantage over humans – we never regrow damaged or worn-out adult teeth.

    Magnified microscope image of a zebra shark (Stegostoma tigrinum) jaw. They have 20 to 30 rows of teeth in each jaw, each a new generation ready to move into position like on a conveyor belt. Humans have only two sets!
    Gareth Fraser, University of Florida

    Interestingly, shark teeth are much like our own, developing from equivalent cells, patterned by the same genes, creating the same hard tissues, enamel and dentin. Sharks could potentially teach researchers how to master the process of tooth renewal. It would be huge for dentistry if scientists could use sharks to figure out how to engineer a new generation of teeth for human patients.

    Extraordinary fish with extraordinary biology

    As a group, sharks and their cartilaginous fish relatives – including skates, rays and chimaeras – are evolutionary relics that have inhabited the Earth’s oceans for over 400 million years. They’ve been around since long before human beings and most of the other animals on our planet today hit the scene, even before dinosaurs emerged.

    Sharks have a vast array of super powers that scientists have only recently discovered.

    Their electroreceptive pores, located around the head and jaws, have amazing sensory capabilities, allowing sharks to detect weak electrical fields emitted from hidden prey.

    CT scan of the head of a small-spotted catshark (Scyliorhinus canicula) as it hatches. Skin denticles cover the surface, and colored rows of teeth are present on the jaws.
    Ella Nicklin, Fraser Lab, University of Florida

    Their skin is protected with an armor of tiny teeth, called dermal denticles, composed of sensitive dentin, that also allows for better drag-reducing hydrodynamics. Biologists and engineers are also using this “shark skin technology” to design hydrodynamic and aerodynamic solutions for future fuel-efficient vehicles.

    Fluorescent skin of the chain catshark (Scyliorhinus retifer).
    Gareth Fraser, University of Florida

    Some sharks are biofluorescent, meaning they emit light in different wavelengths after absorbing natural blue light. This emitted fluorescent color pattern suggests visual communication and recognition among members of the same species is possible in the dark depths.

    Sharks can migrate across huge global distances. For example, a silky shark was recorded traveling 17,000 miles (over 27,000 kilometers) over a year and a half. Hammerhead sharks can even home in on the Earth’s magnetic field to help them navigate.

    Greenland sharks exhibit a lengthy aging process and live for hundreds of years. Scientists estimated that one individual was 392 years old, give or take 120 years.

    Still much about sharks remains mysterious. We know little about their breeding habits and locations of their nursery grounds. Conservation efforts are beginning to target the identification of shark nurseries as a way to manage and protect fragile populations.

    Tagging programs and their “follow the shark” apps allow researchers to learn more about these animals’ lives and where they roam – highlighting the benefit of international collaboration and public engagement for conserving threatened shark populations.

    Sharks under attack

    Sharks are an incredible evolutionary success story. But they’re also vulnerable in the modern age of human-ocean interactions.

    Sharks are an afterthought for the commercial fishing industry, but overfishing of other species can cause dramatic crashes in shark populations. Their late age of sexual maturity – as old as 15 to 20 years or more in larger species or potentially 150 years in Greenland sharks – along with slow growth, long gestation periods and complex social structures make shark populations fragile and less capable of quick recoveries.

    Take the white shark (Carcharodon carcharias), for example – Jaws’ own species. Trophy hunting, trade in their body parts and commercial fishery impacts caused their numbers to dwindle. As a result, they received essential protections at the international level. In turn, their numbers have rebounded, especially around the United States, leading to a shift from critically endangered to vulnerable status worldwide. However, they remain critically endangered in Europe and the Mediterranean.

    Protections and conservation measures have helped white sharks make a comeback.
    Dave Fleetham/Design Pics Editorial/Universal Images Group via Getty Images

    “Jaws” was filmed on the island of Martha’s Vineyard, in Massachusetts. After careful management and the designation of white sharks as a prohibited species in federal waters in 1997 and in Massachusetts in 2005, their populations have recovered well over recent years in response to more seals in the area and recovering fish stocks.

    You might assume more sharks would mean more attacks, but that is not what we observe. Shark attacks have always been few and far between in Massachusetts and elsewhere, and they remain rare. It’s only a “Jaws”-perpetuated myth that sharks have a taste for humans. Sure, they might mistake a person for prey; for instance, surfers and swimmers can mimic the appearance of seals at the surface. Sharks in murky water might opportunistically take a test bite of what seem to be prey.

    But these attacks are rare enough that people can shed their “Jaws”-driven irrational fears of sharks. Almost all sharks are timid, and the likelihood of an interaction – let alone a negative one – is incredibly rare. Importantly, there more than 500 species of sharks in the world’s oceans, each one a unique member of a particular ecosystem with a vital role. Sharks come in all shapes and sizes, and inhabit every ocean, both the shallow and deep-end ecosystems.

    Most recorded human-shark interactions are awe-inspiring and not terrifying. Sharks don’t really care about people – at most they may be curious, but not hungry for human flesh. Whether or not “Jaws” fans have grown beyond the fear of movie monster sharks, we’re gonna need a bigger conservation effort to continue to protect these important ocean guardians.

    Gareth J. Fraser receives funding from the National Science Foundation (NSF).

    – ref. 50 years after ‘Jaws,’ researchers have retired the man-eater myth and revealed more about sharks’ amazing biology – https://theconversation.com/50-years-after-jaws-researchers-have-retired-the-man-eater-myth-and-revealed-more-about-sharks-amazing-biology-258151

    MIL OSI – Global Reports –

  • MIL-OSI Global: 50 years after ‘Jaws,’ researchers have retired the man-eater myth and revealed more about sharks’ amazing biology

    Source: The Conversation – USA – By Gareth J. Fraser, Associate Professor of Evolutionary Developmental Biology, University of Florida

    The shark in ‘Jaws’ became a terrifying icon. Universal Pictures via Getty Images

    The summer of 1975 was the summer of “Jaws.”

    The movie was adapted from a novel by Peter Benchley.
    Universal History Archive/Universal Images Group via Getty Images

    The first blockbuster movie sent waves of panic and awe through audiences. “Jaws” – the tale of a killer great white shark that terrorizes a coastal tourist town – captured people’s imaginations and simultaneously created a widespread fear of the water.

    To call Steven Spielberg’s masterpiece a creature feature is trite. Because the shark isn’t shown for most of the movie – mechanical difficulties meant production didn’t have one ready to use until later in the filming process – suspense and fear build. The movie unlocked in viewers an innate fear of the unknown, encouraging the idea that monsters lurk beneath the ocean’s surface, even in the shallows.

    And because in 1975 marine scientists knew far less than we do now about sharks and their world, it was easy for the myth of the rogue shark as a murderous eating machine to take hold, along with the assumption that all sharks must be bloodthirsty, mindless killers.

    People lined up to get scared by the murderous shark at the center of the ‘Jaws’ movie.
    Bettmann Archive via Getty Images

    But in addition to scaring many moviegoers that “it’s not safe to go in the water,” “Jaws” has over the years inspired generations of researchers, including me. The scientific curiosity sparked by this horror fish flick has helped reveal so much more about what lies beneath the waves than was known 50 years ago. My own research focuses on the secret lives of sharks, their evolution and development, and how people can benefit from the study of these enigmatic animals.

    The business end of sharks: Their jaws and teeth

    My own work has focused on perhaps the most terrifying aspect of these apex predators, the jaws and teeth. I study the development of shark teeth in embryos.

    Small-spotted catshark embryo (Scyliorhinus canicula), still attached to the yolk sac. This is the stage when the teeth begin developing.
    Ella Nicklin, Fraser Lab, University of Florida

    Sharks continue to make an unlimited supply of tooth replacements throughout life – it’s how they keep their bite constantly sharp.

    Hard-shelled prey, such as mollusks and crustaceans, from sandy substrates can be more abrasive for teeth, requiring quicker replacement. Depending on the water temperature, the conveyor belt-like renewal of an entire row of teeth can take between nine and 70 days, for example, in nurse sharks, or much longer in larger sharks. In the great white, a full-row replacement can take an estimated 250 days. That’s still an advantage over humans – we never regrow damaged or worn-out adult teeth.

    Magnified microscope image of a zebra shark (Stegostoma tigrinum) jaw. They have 20 to 30 rows of teeth in each jaw, each a new generation ready to move into position like on a conveyor belt. Humans have only two sets!
    Gareth Fraser, University of Florida

    Interestingly, shark teeth are much like our own, developing from equivalent cells, patterned by the same genes, creating the same hard tissues, enamel and dentin. Sharks could potentially teach researchers how to master the process of tooth renewal. It would be huge for dentistry if scientists could use sharks to figure out how to engineer a new generation of teeth for human patients.

    Extraordinary fish with extraordinary biology

    As a group, sharks and their cartilaginous fish relatives – including skates, rays and chimaeras – are evolutionary relics that have inhabited the Earth’s oceans for over 400 million years. They’ve been around since long before human beings and most of the other animals on our planet today hit the scene, even before dinosaurs emerged.

    Sharks have a vast array of super powers that scientists have only recently discovered.

    Their electroreceptive pores, located around the head and jaws, have amazing sensory capabilities, allowing sharks to detect weak electrical fields emitted from hidden prey.

    CT scan of the head of a small-spotted catshark (Scyliorhinus canicula) as it hatches. Skin denticles cover the surface, and colored rows of teeth are present on the jaws.
    Ella Nicklin, Fraser Lab, University of Florida

    Their skin is protected with an armor of tiny teeth, called dermal denticles, composed of sensitive dentin, that also allows for better drag-reducing hydrodynamics. Biologists and engineers are also using this “shark skin technology” to design hydrodynamic and aerodynamic solutions for future fuel-efficient vehicles.

    Fluorescent skin of the chain catshark (Scyliorhinus retifer).
    Gareth Fraser, University of Florida

    Some sharks are biofluorescent, meaning they emit light in different wavelengths after absorbing natural blue light. This emitted fluorescent color pattern suggests visual communication and recognition among members of the same species is possible in the dark depths.

    Sharks can migrate across huge global distances. For example, a silky shark was recorded traveling 17,000 miles (over 27,000 kilometers) over a year and a half. Hammerhead sharks can even home in on the Earth’s magnetic field to help them navigate.

    Greenland sharks exhibit a lengthy aging process and live for hundreds of years. Scientists estimated that one individual was 392 years old, give or take 120 years.

    Still much about sharks remains mysterious. We know little about their breeding habits and locations of their nursery grounds. Conservation efforts are beginning to target the identification of shark nurseries as a way to manage and protect fragile populations.

    Tagging programs and their “follow the shark” apps allow researchers to learn more about these animals’ lives and where they roam – highlighting the benefit of international collaboration and public engagement for conserving threatened shark populations.

    Sharks under attack

    Sharks are an incredible evolutionary success story. But they’re also vulnerable in the modern age of human-ocean interactions.

    Sharks are an afterthought for the commercial fishing industry, but overfishing of other species can cause dramatic crashes in shark populations. Their late age of sexual maturity – as old as 15 to 20 years or more in larger species or potentially 150 years in Greenland sharks – along with slow growth, long gestation periods and complex social structures make shark populations fragile and less capable of quick recoveries.

    Take the white shark (Carcharodon carcharias), for example – Jaws’ own species. Trophy hunting, trade in their body parts and commercial fishery impacts caused their numbers to dwindle. As a result, they received essential protections at the international level. In turn, their numbers have rebounded, especially around the United States, leading to a shift from critically endangered to vulnerable status worldwide. However, they remain critically endangered in Europe and the Mediterranean.

    Protections and conservation measures have helped white sharks make a comeback.
    Dave Fleetham/Design Pics Editorial/Universal Images Group via Getty Images

    “Jaws” was filmed on the island of Martha’s Vineyard, in Massachusetts. After careful management and the designation of white sharks as a prohibited species in federal waters in 1997 and in Massachusetts in 2005, their populations have recovered well over recent years in response to more seals in the area and recovering fish stocks.

    You might assume more sharks would mean more attacks, but that is not what we observe. Shark attacks have always been few and far between in Massachusetts and elsewhere, and they remain rare. It’s only a “Jaws”-perpetuated myth that sharks have a taste for humans. Sure, they might mistake a person for prey; for instance, surfers and swimmers can mimic the appearance of seals at the surface. Sharks in murky water might opportunistically take a test bite of what seem to be prey.

    But these attacks are rare enough that people can shed their “Jaws”-driven irrational fears of sharks. Almost all sharks are timid, and the likelihood of an interaction – let alone a negative one – is incredibly rare. Importantly, there more than 500 species of sharks in the world’s oceans, each one a unique member of a particular ecosystem with a vital role. Sharks come in all shapes and sizes, and inhabit every ocean, both the shallow and deep-end ecosystems.

    Most recorded human-shark interactions are awe-inspiring and not terrifying. Sharks don’t really care about people – at most they may be curious, but not hungry for human flesh. Whether or not “Jaws” fans have grown beyond the fear of movie monster sharks, we’re gonna need a bigger conservation effort to continue to protect these important ocean guardians.

    Gareth J. Fraser receives funding from the National Science Foundation (NSF).

    – ref. 50 years after ‘Jaws,’ researchers have retired the man-eater myth and revealed more about sharks’ amazing biology – https://theconversation.com/50-years-after-jaws-researchers-have-retired-the-man-eater-myth-and-revealed-more-about-sharks-amazing-biology-258151

    MIL OSI – Global Reports –

  • MIL-OSI China: Chinese premier stresses innovation, boosting demand to propel growth

    Source: People’s Republic of China – State Council News

    NANJING, June 18 — Chinese Premier Li Qiang has urged efforts to promote innovation and expand effective demand to propel sustained improvement in the economy.

    Li made the remarks during an inspection tour from Monday to Wednesday in east China’s Jiangsu Province. During the tour, he underlined efforts to foster a strong atmosphere for starting businesses and making achievements, and to stimulate vitality for high-quality development in the process of deepening reform and opening up.

    While inspecting a local machinery company, Li called for actively applying technologies such as artificial intelligence and clean energy to promote the upgrade of the construction machinery industry in line with the global trend.

    Efforts should focus on aligning innovation with industry needs, advancing major original breakthroughs and technological innovations, and accelerating both industrialization and market applications, Li said.

    He also stressed the need to carry out in-depth basic research, promote cross-disciplinary integration and innovation, and strengthen cooperation to secure the leading position in future sci-tech and industrial development.

    At a local home appliance company, Li learned about the effects of the country’s consumer goods trade-in program, and urged the company to make good use of relevant policies to unleash consumption potential.

    Noting that the country’s market is vast and continuously growing, Li said that China welcomes enterprises from all countries to invest and start businesses here.

    “We will further increase policy support and service guarantees to create a favorable environment for foreign-funded enterprises to develop and thrive in China,” he said.

    During the tour, Li also underlined efforts to better leverage the role of the China-Europe Railway Express and cross-border e-commerce to enhance economic and trade exchanges between China and Central Asia, expand their cooperation areas, and promote mutual benefit in the high-quality joint construction of the Belt and Road.

    Jiangsu has a solid economic foundation, and also has higher development requirements, Li said, urging the province to better leverage its economic strength to make more contributions to the overall development of the country.

    MIL OSI China News –

  • MIL-OSI USA: Ezell, Miller-Meeks Introduce the Unleash America’s Offshore Critical Minerals and Resources Act

    Source: United States House of Representatives – Congressman Mike Ezell (Mississippi 4th District)

    Representatives Mike Ezell (MS-04) and Mariannette Miller-Meeks (IA-01) introduced H.R. 4018, the Unleash America’s Offshore Critical Minerals and Resources Act, legislation that codifies President Trump’s Executive Order 14285 to support and expand domestic seabed mineral development.

    The bill strengthens America’s economic and national security by accelerating the responsible development of critical mineral resources found on the ocean floor. These minerals are essential for producing advanced technologies, renewable energy infrastructure, and defense systems — yet the U.S. remains dangerously reliant on foreign supply chains.

    “President Trump was right to prioritize seabed minerals, and I’m proud to carry that effort forward in Congress,” Ezell said. “My Unleash America’s Offshore Critical Minerals Act will help secure our mineral supply chains, create American jobs, and keep our nation competitive in the global economy. Mississippi’s Gulf Coast understands the importance of energy, infrastructure, and national defense, and this bill supports all three. It’s about putting America first, reducing our dependence on adversaries like China, and making sure our innovation and security are never held hostage by foreign supply chains. We have vast resources right off our shores — it’s time we take full advantage of them, and do it responsibly.”

    “The United States cannot afford to remain dependent on adversarial nations for the critical minerals that power our economy, energy systems, and national defense,” Miller-Meeks said. “By codifying President Trump’s executive order, the Unleash America’s Offshore Critical Minerals Act takes an important step toward strengthening our supply chains and securing access to essential resources found right off our coasts. This legislation will help protect American jobs, enhance our economic security, and ensure the United States remains competitive on the global stage — all while maintaining strong environmental safeguards. I’m proud to join Rep. Ezell in introducing this commonsense, strategic bill.”

    “Tapping into America’s rich critical mineral resources is vital to support our national security and eliminate our dependence on foreign adversaries for vital resources,” House Natural Resources Chairman Bruce Westerman said. “Representatives Ezell and Miller-Meeks’ Unleash America’s Offshore Critical Minerals Act will codify President Trumps executive order on this issue and ensure the United States can lead the world in offshore mineral development.”

    “We applaud Congressman Ezell’s leadership in championing the Unleash America’s Offshore Critical Minerals Act,” Oliver Gunasekara, CEO of Impossible Metals said. “The global race for critical minerals is on, and the United States can’t afford to sit on the sidelines. This bill recognizes the urgent need to unlock our own seabed resources and lead the world with responsible, American innovation.”

    By codifying the President’s Executive Order, the bill provides regulatory certainty for developers while ensuring environmental protections and U.S. strategic interests remain a priority. It also directs key federal agencies to streamline permitting, identify high-potential seabed areas, and collaborate with private industry to safely unlock these resources.

    The legislation is expected to receive strong support from industry leaders, energy advocates, and national security experts.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Ezell, Miller-Meeks Introduce the Unleash America’s Offshore Critical Minerals and Resources Act

    Source: United States House of Representatives – Congressman Mike Ezell (Mississippi 4th District)

    Representatives Mike Ezell (MS-04) and Mariannette Miller-Meeks (IA-01) introduced H.R. 4018, the Unleash America’s Offshore Critical Minerals and Resources Act, legislation that codifies President Trump’s Executive Order 14285 to support and expand domestic seabed mineral development.

    The bill strengthens America’s economic and national security by accelerating the responsible development of critical mineral resources found on the ocean floor. These minerals are essential for producing advanced technologies, renewable energy infrastructure, and defense systems — yet the U.S. remains dangerously reliant on foreign supply chains.

    “President Trump was right to prioritize seabed minerals, and I’m proud to carry that effort forward in Congress,” Ezell said. “My Unleash America’s Offshore Critical Minerals Act will help secure our mineral supply chains, create American jobs, and keep our nation competitive in the global economy. Mississippi’s Gulf Coast understands the importance of energy, infrastructure, and national defense, and this bill supports all three. It’s about putting America first, reducing our dependence on adversaries like China, and making sure our innovation and security are never held hostage by foreign supply chains. We have vast resources right off our shores — it’s time we take full advantage of them, and do it responsibly.”

    “The United States cannot afford to remain dependent on adversarial nations for the critical minerals that power our economy, energy systems, and national defense,” Miller-Meeks said. “By codifying President Trump’s executive order, the Unleash America’s Offshore Critical Minerals Act takes an important step toward strengthening our supply chains and securing access to essential resources found right off our coasts. This legislation will help protect American jobs, enhance our economic security, and ensure the United States remains competitive on the global stage — all while maintaining strong environmental safeguards. I’m proud to join Rep. Ezell in introducing this commonsense, strategic bill.”

    “Tapping into America’s rich critical mineral resources is vital to support our national security and eliminate our dependence on foreign adversaries for vital resources,” House Natural Resources Chairman Bruce Westerman said. “Representatives Ezell and Miller-Meeks’ Unleash America’s Offshore Critical Minerals Act will codify President Trumps executive order on this issue and ensure the United States can lead the world in offshore mineral development.”

    “We applaud Congressman Ezell’s leadership in championing the Unleash America’s Offshore Critical Minerals Act,” Oliver Gunasekara, CEO of Impossible Metals said. “The global race for critical minerals is on, and the United States can’t afford to sit on the sidelines. This bill recognizes the urgent need to unlock our own seabed resources and lead the world with responsible, American innovation.”

    By codifying the President’s Executive Order, the bill provides regulatory certainty for developers while ensuring environmental protections and U.S. strategic interests remain a priority. It also directs key federal agencies to streamline permitting, identify high-potential seabed areas, and collaborate with private industry to safely unlock these resources.

    The legislation is expected to receive strong support from industry leaders, energy advocates, and national security experts.

    ###

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Alexander Stadium celebrates the completion of Commonwealth Games-funded Legacy transformation project.

    Source: City of Birmingham

    Alexander Stadium, host venue during the Birmingham 2022 Commonwealth Games, has marked a new chapter in its 48-year history following the completion of its Legacy Capital Redevelopment Programme.

    The two-year Commonwealth Games-funded Capital programme included redevelopment work at Alexander Stadium and the neighbouring Perry Park, and has produced new and improved infrastructure to inspire future generations.

    This significant milestone was celebrated last week at Alexander Stadium where key stakeholders and partners in the project, including the beloved mascot Perry the Bull, came together to recognise the success and explore the new facilities on offer. 

    Improvements at the Stadium include a new 120-station health and fitness suite, a new third generation artificial pitch for football and rugby, a new cycle studio and a refurbished indoors athletics hall. The permanent lighting arrangement in the main stadium has been designed to future proof future growth and the securing of other major televised events.

    At Perry Park, the redevelopment work includes a replacement children’s playground and new sports activation zone for the community, with new routes around the park and reservoir for running, walking and cycling.

    The improvements, which are part of wider regeneration work in Perry Barr and is set to provide the local community and visitors alike with access to green spaces and high-quality facilities for sport and recreation all year round.

    Following the additional capital works, the stadium continues to be a world-class sporting venue and is set to welcome the European Athletics Championship in August 2026, the first time the UK has hosted the Championship.

    The Stadium also continues to be the home to Birchfield Harriers Athletics club, the most successful athletics club in the country, who have occupied the stadium since 1975; and Birmingham City University, who relocated part of their sports and science campus to the Stadium in 2023.

    Cllr Mariam Khan, Cabinet Member for Health and Social Care said: “I am delighted to hear about the successful redevelopment of Alexander Stadium and Perry Park, cementing its position as a world-class international sports venue.

    “With the European Athletics Championships arriving in 2026 and the UK Athletics Championship and English Schools Athletics Championships amongst other events taking place at Alexander Stadium this summer, it is an exciting time for sport in Birmingham.       

    “The completed regeneration of Alexander Stadium delivers a lasting Commonwealth Games legacy in promoting sport and recreation for not just the people of Perry Barr but the whole city to enjoy all year round.”

    Katie Sadleir, CEO at Commonwealth Sport said: “Alexander Stadium’s transformation is an inspiring example of the continued legacy of the Birmingham 2022 Commonwealth Games.

    It embodies the Commonwealth Sport Movement’s ambition to create lasting impact beyond the field of play — delivering world-class facilities, enhancing community wellbeing, and inspiring the next generation of athletes.

    We are proud to see this legacy come to life in Perry Barr, and look forward to seeing the Stadium thrive as a hub for sport, learning and community engagement for years to come.”

    Nicola Turner, CEO at United by 2022 said “United By 2022 is incredibly proud to support the opening of the Perry Fitness Centre as a lasting legacy of the Birmingham 2022 Commonwealth Games.

    As the custodians of the Games’ community legacy — and of course, the much-loved mascot Perry the Bull — we are thrilled to see these facilities come to life for local residents. These improvements represent more than just bricks and mortar; they are a catalyst for stronger community engagement, healthier lifestyles, and greater access to sport and recreation for all. We can’t wait to see the positive impact they will have in the years to come.”

    Lisa Dodd-Mayne, Executive Director for Place, Sport England, said:

    “The legacy of the Birmingham 2022 Commonwealth Games still shines strongly in the city and wider West Midlands.  We have a long history with Birmingham and the Alexander Stadium – one that that we’re really proud of.  We are investing in partners and places that need the most help in getting people active.  We look forward to seeing the local communities of Birmingham enjoy and use these facilities to give them the opportunities they deserve and seeing the legacy of the Commonwealth Games live on.”

    MIL OSI United Kingdom –

  • MIL-OSI Canada: Prime Minister Carney to attend the Canada-EU Summit and the NATO Summit

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, announced that he will travel to Brussels, Belgium, and The Hague, the Netherlands, from June 22 to 25, 2025, to participate in the Canada-European Union (EU) Summit and the North Atlantic Treaty Organization (NATO) Summit.

    At the Canada-EU Summit, the Prime Minister will meet with the EU presidents to deepen the Canada-EU relationship across all sectors, including diversifying trade and commerce, defending rules-based trade, and bolstering defence and security partnerships.

    At the NATO Summit, Prime Minister Carney will engage Allies to meet evolving threats in a more dangerous and divided world. Canada’s new government is rebuilding, rearming, and reinvesting in the Canadian Armed Forces – reaching the 2 per cent target this year and accelerating defence investments in the months and years to come. Leaders will also support Ukraine to achieve a just and lasting peace.

    Canada will arrive at these summits with a plan to lead, and with new investments to build our strength in service of our values.

    Associated Links

    MIL OSI Canada News –

  • MIL-OSI USA: New Report on Indonesia’s Civic Space Legal Framework Published

    Source: US Global Legal Monitor

    Earlier this year, in March 2025, public protests broke out in several cities in Indonesia. The focus of the protests was changes to the law that governs the country’s military. Last year, in August, the were mass protests over proposals to amend the local election laws, which were subsequently scrapped. Other government actions have also seen people take to the streets over the past few months. Civil society groups have been involved in supporting and organizing different protests, with the bulk of protesters being university students. Academics have also raised concerns about government transparency and approaches to dissent.

    Indonesia is a country that has experienced significant upheavals in the form and structures of its government over the past century, including colonial governance under Dutch rule, Japanese occupation during World War II, a successful fight for independence following the war, a failed coup and subsequent mass killings in the mid-1960s, a military dictatorship that lasted from 1967 to 1998, a period of major reforms starting in the late 1990s and early 2000s as part of a shift to democracy (reformasi period), and concerns in more recent years about changes to laws and structures that some feel impinge on democratic values.

    A recently published report on the Law Library’s website, Indonesia: Civil Space Legal Framework, provides information on the rights and freedoms protected in the 1945 Constitution of Indonesia following its amendment during the reformasi period and on protections in several other laws enacted during that period, including laws on human rights, the press and broadcasting, expressing opinions in public, and trade or labor unions. It also provides information on the 1946 Criminal Code and the new 2023 Criminal Code, as well as provisions in the 2008 Law on Electronic Information and Transactions, that can be used to restrict certain rights, such as the freedom of expression. Various court challenges to these and other laws are also noted in the report. In addition, the report provides an overview of the laws that regulate civil society organizations.

    Read the report here. 

    The report on the civic space legal framework in Indonesia is part of a series of Law Library reports covering the frameworks in several other countries, including Peru, Finland, Romania, Thailand, Spain, and Morocco. These reports are contained in the Law Library’s Legal Reports (Publications of the Law Library of Congress) collection, which includes over 4,000 historical and contemporary legal reports covering a variety of jurisdictions, researched and written by foreign law specialists with expertise in each area. To receive alerts when new reports are published, you can subscribe to email updates and the RSS feed for Law Library Reports (click the “subscribe” button on the Law Library’s website). The Law Library also publishes articles related to Indonesia[add link to search results] in the Global Legal Monitor.

    Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

    MIL OSI USA News –

  • MIL-OSI Africa: OPEC Fund Development Forum 2025 concludes with new commitments to accelerate global development impact

    • Announcement of over US$1 billion new financing: OPEC Fund signs US$362 million new loan agreements during the Forum and announces approval of US$720 million in new financing in the second Quarter 
    • A Country Partnership Framework agreement with Rwanda earmarks US$300 million financing in the next three years 
    • At the high-level Mauritania roundtable hosted by the OPEC Fund, the Arab Coordination Group (ACG) announced a pledge of US$2 billion financing over the next 5 years to support Mauritania’s development priorities.   

    The fourth OPEC Fund Development Forum (https://OPECFund.org) concluded today with a strong slate of new commitments, loan agreements and strategic partnerships to advance inclusive transition and sustainable development. The Forum brought together more than 700 global leaders, including government representatives, development institutions and private sector stakeholders, under the theme “A Transition That Empowers Our Tomorrow”.

    The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin America and the Caribbean, and saw the signing of US$362 million in new loan agreements. A new Trade Finance Initiative is set to secure vital supplies and help close trade-related liquidity gaps in partner countries.

    OPEC Fund President Abdulhamid Alkhalifa said: “The OPEC Fund Development Forum reflects our conviction that partnerships must deliver results. Today we achieved tangible progress – with new signings, new partnerships and new approaches to help our partner countries turn ambition into action. Whether in energy, infrastructure, agriculture or finance, we are responding with solutions that make a difference.”

    As part of its Small Island Developing States (SIDS) initiative, the OPEC Fund signed cooperation agreements with Grenada, and the Solomon Islands, expanding support for climate resilience and sustainable infrastructure. 

    Deepening Country Partnerships for Long-term Impact 

    New country-level agreements and cooperation frameworks include: 

    • A US$212 million loan agreement with Oman to finance the Khasab-Daba-Lima Road Project (Sultan Faisal bin Turki Road), improving local and regional connectivity, as well as a Country Partnership Framework (CPF) to strengthen cooperation over the next five years.  
    • A US$25 million loan agreement with Cameroon to strengthen the Rice Value Chain Development Project, supporting smallholder farmers and strengthening food security in vulnerable regions, in collaboration with the Islamic Development Bank (IsDB), Arab Bank for Economic Development in Africa (BADEA) and the Kuwait Fund. 
    • A CPF with Rwanda to allocate up to US$300 million in financing for 2025 – 2028, supporting the country’s development priorities, including quality infrastructure, improved essential basic services and the promotion of entrepreneurship and the private sector. 
    • Other country partnership agreements included: Azerbaijan to support infrastructure, energy transition and sustainable development; Botswana to support infrastructure, renewable energy, innovation and digital transformation, as well as private sector export-led growth over the next three years; Grenada to build resilience through sustainable development initiatives; Kyrgyz Republic to increase cooperation in transport, water supply and sanitation, energy, agriculture and banking sectors; and Solomon Islands to expand engagement and increase cooperation including in the private sector. 

    Scaling up Private Sector Support 

    The OPEC Fund continues to prioritize private sector-led growth with targeted financing to financial institutions across Africa: 

    • In Côte d’Ivoire, a €30 million loan agreement with Coris Bank International Côte d’Ivoire and a €35 million loan agreement with NSIA Banque will facilitate access to finance for small and medium-sized enterprises (SMEs). 
    • A US$40 million loan agreement with the East African Development Bank (EADB) will boost economic investments across Kenya, Uganda, Tanzania and Rwanda, strengthening regional integration and inclusive growth. 

    New Trade Finance Initiative 

    • At the Forum the OPEC Fund also announced a new Trade Finance Initiative to boost trade resilience in partner countries by facilitating access to essential imports, closing liquidity gaps and strengthening resilience to external shocks in vulnerable economies. 

    Advancing global cooperation 

    The Forum also featured new agreements to deepen multilateral cooperation: 

    • A new cooperation agreement with the Central American Bank for Economic Integration (CABEI) will strengthen collaboration in infrastructure, energy and human development projects across the Latin America and Caribbean region. 
    • The OPEC Fund and the Islamic Organization for Food Security (IOFS) formalized a cooperation agreement to coordinate efforts on climate-resilient agriculture and sustainable food systems. 
    • A cooperation agreement with the International Anti-Corruption Academy (IACA) will support training programs to promote institutional transparency and anti-corruption capacity building in partner countries. 

    Ahead of the Forum, the OPEC Fund hosted the Annual Meeting of the Heads of Institutions of the Arab Coordination Group (ACG). Delegates participated in a high-level roundtable with the President of Mauritania, Mohamed Ould Ghazouani to strengthen development collaboration and mobilize investment flows to Mauritania. The roundtable resulted in an ACG joint pledge of US$2 billion financing over the next five years. This will be directed to vital sectors, including energy, water, transportation and digital infrastructure to stimulate economic growth. A dedicated Arab Donors Roundtable on the Sahel addressed strategies to mobilize greater support for the region’s urgent challenges. It was organized by the Permanent Interstate Committee for Drought Control in the Sahel (CLISS) and sponsored by the OPEC Fund’s partner institution, the Arab Bank for Economic Development in Africa (BADEA). 

    Distributed by APO Group on behalf of OPEC Fund.

    Media Contact:  
    Basak Pamir 
    OPEC Fund for International Development 
    Head of Outreach & Multimedia 
    B.Pamir@opecfund.org  
    +431511564174 
    Telephone: +43-1-515 64-0 
    Fax: +43-1-513 92 38 
    www.OPECFund.org

    About the OPEC Fund:
    The OPEC Fund for International Development (the OPEC Fund) is the only globally mandated development institution that provides financing from member countries to non-member countries exclusively. The organization works in cooperation with developing country partners and the international development community to stimulate economic growth and social progress in low- and middle-income countries around the world. The OPEC Fund was established in 1976 with a distinct purpose: to drive development, strengthen communities and empower people. Our work is people-centered, focusing on financing projects that meet essential needs, such as food, energy, infrastructure, employment (particularly relating to MSMEs), clean water and sanitation, healthcare and education. To date, the OPEC Fund has committed more than US$29 billion to development projects in over 125 countries with an estimated total project cost of more than US$200 billion. The OPEC Fund is rated AA+/Outlook Stable by Fitch and S&P Global Ratings. Our vision is a world where sustainable development is a reality for all. 

    MIL OSI Africa –

  • MIL-OSI Analysis: Is Mark Carney turning his back on climate action?

    Source: The Conversation – Canada – By Deborah de Lange, Associate Professor, Global Management Studies, Toronto Metropolitan University

    The G7 summit in Alberta, hosted by Prime Minister Mark Carney, has ended with only passing mention of fighting climate change, including a statement on wildfires that is silent on the pressing need to reduce greenhouse gas emissions.

    This is puzzling. Canadians didn’t opt for Conservative Pierre Poilievre, considered by some to be an oil and gas industry mouthpiece, in the last federal election. Instead, voters gave Carney’s Liberals a minority government.

    Carney was the United Nations Special Envoy on Climate Action and Finance and was behind the UN-backed Net-Zero Banking Alliance, so some Canadians might have assumed he’d prioritize climate action if he won the election. Instead, Carney has described developing fossil fuel infrastructure as “pragmatic.”

    But it’s unclear how a country grappling with abysmal air quality due to wildfires fuelled by global warming will benefit from further global fossil fuel development and its related emissions.



    Read more:
    Wildfire smoke can harm your brain, not just your lungs

    Warming rapidly

    Canada is warming faster than most of the globe. Its leaders should be laser-focused on mitigating climate change by reducing fossil fuel use to the greatest extent possible, as soon as possible.

    This decades-long understanding of how to approach climate action has been repeatedly explained by experts and is well known to governments globally. Canada’s prime minister was once one of those experts.

    Carney now has a tremendous opportunity to lead by steering Canada in a clean direction.

    Canada is at the forefront of clean technology, with numerous business opportunities emerging, particularly in areas like circular economy international trade. These opportunities not only support Canada’s commitment to meeting its Paris Agreement targets but also help expand and diversify its global trade.

    Eco-industrial parks

    Canada already has exemplar eco-industrial parks — co-operative businesses located on a common property that focus on reducing environmental impact through resource efficiency, waste reduction and sharing resources. Such industrial communities are in Halifax and in Delta, B.C. They represent significant investment opportunities.

    Vacant urban land could be revitalized and existing industrial parks could boost their economic output and circular trade by building stronger partnerships to share resources, reduce waste and cut emissions.



    Read more:
    A sustainable, circular economy could counter Trump’s tariffs while strengthening international trade

    Canada would benefit economically and environmentally by building on existing expertise and expanding successful sustainability strategies to achieve economic, environmental and social goals.

    But by continuing to invest in fossil fuels, Canada misses out on opportunities to diversify trade and boost economic competitiveness.

    The secret to China’s success

    Real diversification makes Canada less vulnerable to economic shocks, like the ones caused by the tariffs imposed by United States President Donald Trump.

    Fossil fuel reliance increases exposure to global economic risks, but shifting to cleaner products and services reduces climate risks and expands Canada’s global trade options. China’s economic rise is partly a result of this strategy.

    That’s seemingly why Trump is so fixated on China. China today is a serious competitor to the U.S. after making smart trade and economic decisions and forging its own path, disregarding American pressure to remain a mere follower.

    Investing in its huge Belt and Road Initiative, China also aligned itself with the United Nations Sustainable Development Goals. It’s building diplomatic bridges with many Belt and Road countries in southeast Asia as Trump’s America alienates its partners, pulling out of the Paris Agreement and cutting foreign aid.

    As another one of the America’s mistreated partners, Canada was poised to forge its own path under Carney. Instead, Carney is supporting American oil and gas by encouraging Canadian pipeline projects.

    Clean innovation is the path forward

    Canadian oil and gas is a concentrated industry controlled by a wealthy few, primarily Americans. More pipelines would therefore mean more sales of fossil fuels to other countries, with the beneficiaries mostly American.

    Fossil fuel investments reduce Canada’s diversification because the resources used to further these projects could go elsewhere — toward clean diversification. With almost unlimited clean economy options across many sectors, clean diversification would broaden Canada’s economic and trade portfolios and reduce American control.



    Read more:
    Why Canada’s Strong Borders Act is as troublesome as Donald Trump’s travel bans

    This is International Business 101, and would make the Canadian economy more competitive through innovation, while reducing the country’s climate risk.

    California, often targeted by Trump for its policies, has been a leader in clean innovation, making its economy the envy of the world.



    Read more:
    California is planning floating wind farms offshore to boost its power supply – here’s how they work

    My recent research shows that clear, decisive choices like those made in California will be key to Canada’s future success. Canada must make choices aligned with goals — a core principle of strategic management.

    My research also suggests Canada must restructure its energy industry to focus on renewable energy innovation while reducing fossil fuel reliance. Increased renewable energy innovation, as seen in patent numbers, leads to higher GDP.

    Contrary to common beliefs, pollution taxes boost the economy in combination with clean innovation. But when the government supports both the fossil fuel industry and clean industries, it hinders Canada’s transition to a cleaner future.

    Trapped by the fossil fuel industry?

    Do Canadian taxpayers truly want to keep funding an outdated, polluting industry that benefits a wealthy few, or invest in clean industries that boost Canada’s economy, create better jobs and protect the environment? To differentiate Canada from the United States, it would make sense to choose the latter.

    Carney should consider refraining from pushing for the fast-tracking of polluting projects. If he doesn’t, Canada will become more uncompetitive and vulnerable, trapped by the fossil fuel industry.



    Read more:
    Mark Carney wants to make Canada an energy superpower — but what will be sacrificed for that goal?

    Carney’s support for pipelines may have stemmed from Alberta Premier Danielle Smith’s implicit support for Alberta sovereignty. She made veiled threats to Canada at a critical juncture, when Trump was making repeated assertions about annexing Canada.

    Alberta didn’t vote for Carney. But Canadians who care about mitigating climate change did.

    Banks that felt pressure to at least recognize sustainable finance during the Joe Biden administration joined Carney’s Net-Zero Banking Alliance.

    But as soon as Trump came to power a second time and walked away from the Paris Agreement, many American banks abandoned the alliance. Canadian banks followed suit, and Carney remarkably missed another moment to show Canadian leadership by stopping their exit.

    In fact, Carney seems to have abandoned his own organization to appease Trump as the president made multiple 51st state threats. The prime minister had the chance to differentiate Canada and demonstrate his own leadership. Instead, he seems to have easily turned his back on his principles under pressure from Trump.

    Deborah de Lange receives funding from SSHRC and ESRC. She is affiliated with The Liberal Party of Canada and The Writers’ Union of Canada.

    – ref. Is Mark Carney turning his back on climate action? – https://theconversation.com/is-mark-carney-turning-his-back-on-climate-action-258737

    MIL OSI Analysis –

  • MIL-OSI USA: Welch Joins Democratic Colleagues in Urging Rubio to Preserve the State Department’s Human Rights Bureau 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) joined U.S. Senator Jeanee Shaheen, Ranking Member of the Senate Foreign Relations Committee, and eight Democratic colleagues in urging Secretary of State Marco Rubio to preserve the staff and programs administered by the Bureau of Democracy, Human Rights and Labor (DRL) amid the Department’s proposed reorganization.   
    “The proposed reorganization of DRL raises serious concerns about the Department’s prioritization of democracy and human rights and the role of DRL in advancing U.S. national security priorities—concerns that were the basis for Congress’s bipartisan codification in statute an Assistant Secretary for Democracy, Human Rights and Labor and the directive ‘to promote the increased observance of internationally recognized human rights by all countries’ as a principal goal of U.S. foreign policy,” wrote the Senators. “The proposed reorganization would result in a structural and substantive demotion of human rights promotion that runs counter to the spirit of the law and your personal legacy working on these issues.”  
    “Over 80% of DRL’s programs support human rights defenders working in closed, anti-democratic societies, including Cuba, China, Nicaragua, North Korea, Iran, Russia, Venezuela, and others which the Trump Administration has identified as adversaries of the U.S.,” continued the Senators.  
    The Senators concluded: “As you stated in the subcommittee hearing previously mentioned, ‘millions of people around the world who live in societies dominated by fear and oppression look to the United States of America to champion their cause to fully exercise their God-given rights. There are no greater champions more capable of advancing this noble cause than the dedicated staff in DRL. We need these champions in the Department.”  
    In addition to Senators Welch and Shaheen, the letter is cosigned by Senate Minority Whip Dick Durbin (D-Ill.) and Sens. Chris Coons (D-Del.), Tim Kaine (D-Va.), Jeff Merkley (D-Ore.), Cory Booker (D-N.J.), Brian Schatz (D-Hawaii), Chris Van Hollen (D-Md.), and Jacky Rosen (D-Nev.). 
    Read and download the full text of the letter. 

    MIL OSI USA News –

  • Top Maoist leaders surrender after 25 years, major blow to LWE in Chhattisgarh

    Source: Government of India

    Source: Government of India (4)

    In a significant setback to the Left Wing Extremist (LWE) movement, two senior Maoist leaders, including the commander of the Mobile Political School (MOPOS), surrendered to security forces on Monday. The surrender, which took place before senior police and Indo-Tibetan Border Police (ITBP) officials, marks a crucial breakthrough in anti-Naxal operations in the region.

    Jeevan Tulavi (45), also known as Ram Tulavi, and his wife Agasha (35), alias Aarti Korram, gave up arms before Inspector General of Rajnandgaon Range Abhishek Shandilya, Superintendent of Police Y.P. Singh, and Commandant of the 27th Battalion ITBP Vivek Kumar Pandey. Officers from the 44th Battalion ITBP were also present.

    Jeevan, a resident of Parvidih village under Mohla police station in Mohla Manpur Ambagarh Chowki (MMAC) district, has been active in Maoist operations for over 25 years. Currently serving as a Divisional Committee Member (DVCM) and Education Unit Commander of the Maad Division, he carried a bounty of ₹8 lakh. He joined the LWE movement in 2008 and initially served in the People’s Liberation Guerrilla Army (PLGA) in the South Rajnandgaon-based division.

    Since 2012-13, Jeevan transitioned into an ideological role, teaching Maoist philosophy through the Mobile Political School (MOPOS) in the Maad Division. He is known to have travelled extensively across Abujhmad, spreading LWE ideology through the Mobile Academic School (MAS) and heading the education wing until his surrender.

    Agasha, his wife and a resident of Telitola village in the same district, was serving as an Area Committee Member (ACM). She played a key role in the Press Team of the Maad Division and was also the commander of the Maoist cultural wing, Chetna Natya Mandali (CNM). Active since the early 2000s, Agasha contributed as a singer, dancer, poet, orator, and composer for the LWE propaganda machinery. She was also responsible for handling digital communication, including drafting press releases and managing computers.

    The surrender is seen as part of the growing impact of sustained operations led by police and ITBP in the MMAC district and the former Rajnandgaon region. In the past three months alone, five senior Maoist cadres from the district have surrendered, weakening the organizational structure of the LWE in this strategically critical area bordering the heavily affected regions of Gadchiroli (Maharashtra) and Kanker (Chhattisgarh).

  • MIL-OSI Asia-Pac: De-registration ruling to be studied

    Source: Hong Kong Information Services

    The Buildings Department, in its capacity as the Building Authority, will study the written judgment to be handed down by the Court of First Instance together with its legal team, and prepare for the appeal hearing with full effort concerning the granting of an interim stay of execution of the authority’s decision to remove Aggressive Construction Co. Ltd (ACCL) from the register of general building contractors.

    The Development Bureau said the authority refused the registration renewal application of ACCL on May 22 and decided to remove its name from the register of general building contractors on June 20.

    The company appealed against the decision and applied for a stay of execution of the decision, and the Court of First Instance of the High Court today granted a temporary stay of execution of the decision. The hearing of the appeal and application for stay of execution is tentatively scheduled for August 26 and 27.

    The bureau noted that if there are still construction activities on the project sites undertaken by ACCL during the period pending further hearings, the project owners concerned will act in accordance with the contracts and continue to monitor the construction sites and the performance of the contractor.

    If the contractor’s performance fails to meet the contractual requirements, the project owners will handle the matter in accordance with the contract and reserve the right to take follow-up actions, the bureau said, adding that the Buildings Department and project owners will step up monitoring and surprise inspections to safeguard site safety.

    Since the performance of ACCL in respect of the public works project of the Chai Wan Government Complex was far below the contractual requirements, the Government as the project owner has terminated the contract in accordance with the contractual mechanism and taken over the construction site on June 15.

    The Government will endeavour to arrange in the near term for a new contractor to take over and finish the remaining works, the bureau added.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Overseas officials conclude HK trip

    Source: Hong Kong Information Services

    A delegation of 10 overseas government officials today completed their three-day visit to Hong Kong, having met senior officials of the Hong Kong Special Administrative Region and toured the city’s major cultural and innovation and technology facilities to deepen their understanding of the city’s advantages and development opportunities.

    The visit was arranged by the Ministry of Foreign Affairs, which invited officials from 10 countries across Africa and Asia. These countries comprise Cambodia, Indonesia, Laos, Mauritania, Morocco, Nepal, Pakistan, Qatar, Sri Lanka and Tunisia.

    During the trip, the delegation met Acting Financial Secretary Michael Wong, Deputy Chief Secretary Cheuk Wing-hing and Deputy Secretary for Justice Cheung Kwok-kwan to obtain a better understanding of Hong Kong’s distinctive advantage of enjoying the strong support of the motherland while being closely connected to the world under the “one country, two systems” principle.

    The delegation learnt of Hong Kong’s important roles as a “super connector” and a “super value-adder”, serving as a bridge between the Mainland and the rest of the world.

    They also met Secretary for Financial Services & the Treasury Christopher Hui, Under Secretary for Commerce & Economic Development Bernard Chan and Under Secretary for Innovation, Technology & Industry Lillian Cheong as well as representatives of a number of relevant institutions.

    Additionally, they toured the Science Park and West Kowloon Cultural District to find out about the city’s latest developments and opportunities in finance, trade, innovation and technology, and arts and culture.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Governor Hochul is a Guest on “The Briefing With Jen Psaki”

    Source: US State of New York

    ast night, Governor Hochul was a guest on MSNBC’s “The Briefing with Jen Psaki.”

    AUDIO: The Governor’s remarks are available in audio form here.

    A rush transcript of the Governor’s remarks is available below:

    (BEGIN VIDEO CLIP)

    Governor Hochul:  Do you want to know what I really think?

    Rebecca Lewis, City & State: Please.

    Governor Hochul: It’s bullshit. How dare they—

    (END VIDEO CLIP)

    Jen Psaki, MSNBC: Couldn’t have said it better myself. That was New York Governor Kathy Hochul, today, reacting to the arrest of New York City Comptroller and Mayoral candidate Brad Lander. And Governor Kathy Hochul joins me. Now, Governor, thank you so much for being here with me tonight.

    You rushed down to the courthouse today after Brad Lander was arrested to demand his release. We heard a little bit from him earlier. Can you just walk us through what happened today, including your interaction with officers at the building?

    Governor Hochul: Yes, and thank you for your coverage of this deeply troubling story that seems to be unfolding all across our country, Jen. I literally was in a part of Brooklyn, known as Little Haiti. I was walking the streets talking to people who were so frightened — living in the shadows of a once vibrant street was now almost a ghost town because people are terrified. And then while I’m out there trying to meet these people, let them know we’re, we see them, we’re gonna support them.

    Then I get the word that one of our elected officials for the City of New York has been arrested. And I know Brad Lander. I went right down there. And I wanted to see him. I went up to the ninth floor. And they wouldn’t let me come in. But I had a chance to talk to ICE officers and the people in charge, and my Head of Homeland Security came down and Head of my Counterintelligence and all the professionals that I work with. We all stood there and I said, “I’m not leaving until you let him out. I want him released. Because what are the charges? What are you possibly saying? We all saw the video.”

    And after about an hour of me waiting and talking to a lot of people, they said they’d release him without charges, but Brad Lander has all the attorneys and attention on this he needs. I mean, he can take care of himself. I’m confident of that, but what I cannot get out of my mind are all the people that are so terrified right now are the ones who go into those courtrooms following the law and the procedure — told, show up this date for your court appearance. And then they’re sitting ducks while they’re in the courtroom. They withdraw their legal status and they walk out and they’re captured.

    This is beyond the pale, and we have to stand up and call it out for what it is and say we are a better country than this. And the voices that we heard during the marches over the last weekend, the people who stood up there, the elected officials who are doing their part — we have to stand up and say no more. And I’ll tell you this, as I said, under eight hours of questioning in Congress just a few days ago — I will work with the Trump administration to remove the people he said he was going after. I will help you get the criminals out of here, the ones who are violent criminals who are hurting other people, the human traffickers, the people who are dealing in drugs, people with guns — I want them gone.

    I’ll help you but don’t take care of the home healthcare aides, the 160 who are gonna lose their jobs that I’ve met today and talked to. They’ll lose their jobs and they lose their status. And you know what? That means there’s 160 vulnerable New Yorkers who are gonna lose their caregivers and the people who work in the restaurants and hospitality, let them get jobs, pay their taxes, be part of our communities – like my grandpa was a migrant farm worker. Everybody comes and starts out and struggles. But you know what? Over time it works. It’s the American dream, and that dream is dissipating by the moment here in this country, and we cannot let it go.

    Jen Psaki, MSNBC: No question about it. And I know, and I just mentioned that you had announced today the State is dedicating $50 million for legal assistance for immigrants. And I want to ask you about that in one moment.

    I think one of the things that was so striking about today, many things was that, you know, Brad Lander was released without charges. You said earlier today that to your knowledge, the charges have been dropped and that he walks out of there free man.

    But the US Attorney’s Office said that it is investigating his action still and would decide later whether to charge him with a crime. This is all on video, which we played the full video. Are you confident there won’t be charges? And I raise this because he’s just escorting immigrants to the courthouses who are trying to abide by their court hearings.

    Governor Hochul: That’s all he is doing, and he did it without any fanfare over a number of times. Just a lot of people are volunteering. These people are terrified. I mean, these are our neighbors. These are people who’ve lived among us for many, many years sometimes. And people are just doing the right thing. They’re showing their humanity. He showed up and just escorting someone and speaking to him and just trying to let him know it’s going to be okay. The best we can. And then you have them ripped apart and terrorized the way they were and go after elected officials. I mean, no, no. It’s wrong. It’s wrong.

    And again, we will help the Trump administration — we have been doing this for years — get rid of the true criminals. But coming here to seek asylum as they have for the last few years, or coming with temporary protected status like 300,000 Venezuelans did. And people from Haiti. They had legal status when they came. So when you take it away, once they’re here, it’s just like a cruel joke on them.

    So, they’re not the criminals. Let’s find them a legal pathway. Let’s give them work authorization. I know the Trump administration is capable of doing this. They can do this, and there’ll be a lot of employers, including the people in my State, New York — I have 400,000 open jobs as we speak. They’re not taking someone’s job. They’ll be doing an important service to us.

    Let’s have a conversation. Let’s ask Congress. Why you won’t do something as simple as passing common sense, bipartisan legislation to reform our immigration laws, find legal pathways. Yes, we have to secure our borders. No one doubts that, but the people who are here and already contributing, come on. We’re a nation of immigrants. That’s why we’re so great.

    Jen Psaki, MSNBC: I mentioned a couple times that you announced the $50 million for legal assistance, which is very powerful and as Brad Lander mentioned, a lot of these people don’t have legal representation.

    Governor Hochul: That’s right.

    Jen Psaki, MSNBC: This tactic though, which I called dirty earlier because I think it’s dirty of these agents showing up at courthouses and kind of stalking people who don’t have criminal records are not trying to, are just trying to abide by what they’re supposed to be doing. Is there anything you can do as Governor to stop those tactics or other Governors can ban together and do?

    Governor Hochul: No, they’re not allowed in New York state courts. You know, and, and let’s think about this, when this was passed a few years ago, law enforcement supported this because people who’ve been victims of the crimes are witnesses of crimes, if they think that if they go in to be involved in the criminal justice system to maybe to solve a crime, that they could be removed instantaneously. We want to make sure that we are working to protect our community. People are safer when people feel they can come forward, but apparently in federal courthouses, here in New York City and all across America, they’re basically staking out people who walk in the front door to keep an appointment they were given. They’re told to go before this judge on this date or check in.

    I mean, a heartbreaking story just a couple weeks ago. A mom takes her two boys, 19 and 20-year-old down to make sure they’re legally checking in as they’re told to do. Guess what? She walks out without them. Because they took them away from her. And she doesn’t know where they are. We’re all human beings.

    Jen Psaki, MSNBC: Yeah.

    Governor Hochul: If we can’t find some compassion in our hearts at this moment and do what’s right, history will judge us very poorly. That’s why we’re urging the administration — go after the really bad ones like you said you would. That’s my plea. Go after the bad ones. We’ll help you. Every state will help you. But can we just leave these law abiding people alone? Can we just do that?

    Jen Psaki, MSNBC: There are so many stories, like the ones you mentioned and the ones we saw play out today. Governor Kathy Hochul, I know you’ve had a day, so thank you so much for being here with us, helping explain all of the video footage we’ve just showed everybody watching. Really appreciate you being here.

    Governor Hochul: Alright, thank you, Jen.

    MIL OSI USA News –

  • MIL-OSI USA: Celebrating Cayuga Milk Expansion Project

    Source: US State of New York

    overnor Kathy Hochul and Cayuga Milk Ingredients today marked the grand opening of a two-phase, $270 million expansion project in the Town of Aurelius, Cayuga County, allowing the company to better assist their clients and create opportunities for New York State dairy farmers. The state-of-the-art facility will also allow the company to more than double its workforce, adding up to 150 new jobs to the existing workforce of 100 employees. The State is supporting this transformative project through a $4 million capital grant and up to $4 million made available through the performance-based Excelsior Jobs Tax Credit Program in exchange for job creation commitments. Cayuga Milk Ingredients is a farmer-owned dairy processor, producing premium milk and innovative dairy ingredients for customers across the globe. This announcement comes as the State celebrates Dairy Month this June.

    “Cayuga Milk Ingredients’ continued expansion in Cayuga County marks another exciting chapter in New York’s agricultural success story,” Governor Hochul said. “New York’s dairy industry serves as a crucial economic engine for our state, and our support for this project reinforces our commitment to those efforts and to our hard-working dairy farmers, further cementing our position as one of the nation’s top dairy producers.”

    Phase one of the expansion at the Eagle Drive facility included the purchase and installation of an ultra-high temperature (UHT)/aseptic low acid packaging system and a new reverse osmosis filtration system. The second phase included the addition of machinery and equipment, and the expansion of the facility’s wastewater treatment plant.

    At the facility, Cayuga Milk Ingredients (CMI) monitors all aspects of product integrity, offering a high level of traceability and sustainability, combining innovative manufacturing technology with a focus on reducing their environmental impact. With a vertically integrated model and state-of-the-art processing capabilities, they transform high-quality milk into value-added products including high-protein milk, powders, and ultrafiltered dairy ingredients. CMI is committed to advancing sustainable agriculture, supporting the well-being of its farmers, employees and cows, and delivering exceptional ingredients for the future of food.

    CMI processes over 1.5 billion pounds of premium quality milk from 22 family-owned dairy farms within the region. The farmer-owners are recognized globally for their higher level of commitment in animal welfare, environmental sustainability, and worker wellness all based around a culture of continuous improvement.

    CMI is also actively focused on reducing their environmental impact. The advanced processing at the state-of-the-art production facility, which incorporates ultrafiltration and cutting-edge industry technologies, has positioned the company as a unique leader in the global foods market, setting them ahead of the curve for quality manufacturing standards.

    Cayuga Milk Ingredients and Cayuga Marketing CEO Brian Linney said, “Cayuga Milk Ingredients is proud to be a key player in New York’s dairy industry, with the investment in our new aseptic and extended shelf-life fluid dairy production facility driving long term growth in our community with more than 150 new permanent jobs, as well as another 350+ jobs during facility construction. We are grateful for the support of Governor Hochul in this project expansion as we work to ensure the continued success and longevity of the agricultural industry in New York State.”

    Governor Hochul remains laser focused on supporting New York’s dairy farmers. Earlier this month, the Governor announced nearly $21.6 million had been awarded to 103 farms across the state through the Dairy Modernization Grant Program to support New York’s dairy industry. The funding will help New York’s dairy farmers and dairy cooperatives invest in new equipment, expand storage capacity, and strengthen their operations, particularly as they face extreme weather events, providing a critical boost to New York’s dairy industry.

    Since taking office, Governor Hochul has made significant strides in expanding the dairy manufacturing sector in New York. In the last few years, New York has celebrated investments across the state, including a $650 million fairlife production plant in Webster, a $518 million Great Lakes Cheese packaging and manufacturing facility in Franklinville, and a $30 million expansion to the Agri-Mark cheese manufacturing facility in Chateaugay, helping New York continue to be the leading producer of milk in the Northeast. Most recently, the Governor announced Chobani will build a 1.4 million square foot, $1.2 billion facility in Rome, Oneida County, capable of producing over one-billion pounds of high-quality dairy products per year. There are currently nearly 300 world-recognized dairy processing plants across New York.

    New York State has roughly 3,000 dairy farms that produce over 16 billion pounds of milk annually, making New York the nation’s fifth-largest dairy state. The dairy industry is the state’s largest agricultural sector, contributing significantly to the state’s economy by generating nearly half of the state’s total agricultural receipts and providing some of the highest economic multipliers. New York’s unique and talented dairy producers and processors contribute significantly to the state’s agriculture industry, economy and the health of our communities.

    New York State Agriculture Commissioner Richard A. Ball said, “New York is a dairy state, through and through. We have thousands of dedicated dairy farmers, producing some of the very best products in the world, and we rank as number one for yogurt, sour cream, cream cheese, and more. I thank the Governor for her commitment to uplifting New York’s dairy community, from the on-farm grants announced earlier this month to investing millions in processing capacity across the State over the years, with the help of our partners at Empire State Development. Together, we are building a strong foundation to support our farmers and boost our agricultural economy.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “We’re excited to mark this major milestone with Cayuga Milk Ingredients, a project that will continue to fill the region’s economic glass to the brim with top-quality jobs that support Upstate dairy farmers. This successful company is putting down roots thanks to our unmatched agribusiness infrastructure that ensures New York State remains a leader in dairy production.”

    State Senator Rachel May said, “The dairy industry in Cayuga County is thriving, and Cayuga Milk Ingredients is at the forefront of this growth. With its impressive multi-million-dollar expansion, the company will continue to be a catalyst for economic growth in our community for years to come, creating many well-paying jobs for residents. I appreciate Governor Hochul’s support for this important project and our dairy farmers in Central New York.”

    Cayuga County Legislature Chairman Jonathan Anna said, “We applaud Governor Kathy Hochul and Cayuga Milk Ingredients on the grand opening of this transformative $270 million expansion project in the Town of Aurelius. This significant investment represents a bold step forward for Cayuga County’s dairy industry — as the number one dairy producing county in the state this project continues to support not only innovation and global competitiveness but also our local communities and family farms. As a farmer-owned cooperative, Cayuga Milk Ingredients exemplifies the spirit of collaboration and agricultural excellence that defines our county. The creation of up to 150 new jobs and the expansion of cutting-edge processing capabilities are a testament to what can be achieved when public and private sectors work together. We are also grateful for the State’s strategic support through the $4 million capital grant and the Excelsior Jobs Program, which ensures job growth and long-term economic impact to our region. During Dairy Month, this announcement reminds us of the strength, resilience, and essential contributions of our dairy farmers and processors. Congratulations to all involved in making this project a reality. Cayuga County looks forward to seeing Cayuga Milk Ingredients continue to thrive and lead the way in delivering premium dairy products to consumers not only locally but around the world.”

    For additional information about Cayuga Milk Ingredients, visit: https://www.cmingredients.com/.

    Accelerating Economic Development in Central NY
    Today’s announcement complements “CNY Rising,” the region’s comprehensive strategy to generate robust economic growth and community development. The regionally designed plan focuses on capitalizing on global market opportunities, strengthening entrepreneurship and creating an inclusive economy. More information is available here.

    About Empire State Development
    Empire State Development is New York’s chief economic development agency, and promotes business growth, job creation, and greater economic opportunity throughout the state. With offices in each of the state’s 10 regions, ESD oversees the Regional Economic Development Councils, supports broadband equity through the ConnectALL office, and is growing the workforce of tomorrow through the Office of Strategic Workforce Development. The agency engages with emerging and next generation industries like clean energy and semiconductor manufacturing looking to grow in New York State, operates a network of assistance centers to help small businesses grow and succeed, and promotes the state’s world class tourism destinations through I LOVE NY. For more information, please visit esd.ny.gov, and connect with ESD on LinkedIn, Facebook and X.

    MIL OSI USA News –

  • MIL-OSI: PMGC Capital LLC Urges Alaunos Therapeutics (NASDAQ: TCRT) to Accept Term Sheet from Leading Wall Street Bank Behind Many Leading Crypto Strategies

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., June 18, 2025 (GLOBE NEWSWIRE) — PMGC Capital LLC (“PMGC Capital”), a wholly owned subsidiary of PMGC Holdings Inc. (NASDAQ: ELAB), today issued a public statement urging Alaunos Therapeutics, Inc. (NASDAQ: TCRT) to accept and act upon the term sheet previously facilitated through a leading Wall Street Bank.

    As disclosed in PMGC Capital’s May 14, 2025 press release, available on the PMGC Holdings website, PMGC Capital holds a significant ownership position in Alaunos and continues to act in the best interest of all shareholders.

    The proposed financing sent to the board on 5/25/2025, introduced by PMGC Capital and led by a leading wall street bank, represents a compelling, value-aligned opportunity for Alaunos. The bank recently behind many Leading Treasury Strategy transactions that has since garnered widespread institutional attention and market momentum.

    “We believe this term sheet offers Alaunos a timely and strategic path forward,” said Braeden Lichti, “This is one of the cleanest financing offers we’ve seen for a micro-cap company,” said Braeden Lichti, CEO of Northstrive Companies Inc., Manager of PMGC Capital, “It’s non-toxic, well-structured, and provides the company with substantial capital while potentially creating massive value for shareholders. The board should not miss this opportunity.”

    PMGC Capital remains committed to working constructively with Alaunos’ Board and management to maximize long-term value and urges them to engage directly with the bank while the opportunity remains actionable.

    We commend Alaunos Therapeutics for maintaining a clean capital structure and exercising prudent financial stewardship during challenging market conditions. PMGC Capital looks forward to collaborating with the Alaunos’ leadership to pursue initiatives that align with its shared objective of enhancing long-term shareholder value.

    About PMGC Capital LLC
    A multi-strategy investment firm focused on direct investments, strategic lending, and acquiring undervalued companies and assets across diverse markets. Our mission is to identify and seize high-potential opportunities, delivering sustainable growth and maximizing returns on capital.

    About PMGC Holdings Inc.
    PMGC Holdings Inc. (“PMGC Holdings”) is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. Currently, our portfolio consists of three wholly owned subsidiaries: Northstrive Biosciences Inc., PMGC Research Inc., and PMGC Capital LLC. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

    Forward-Looking Statements

    This press release contains forward-looking statements, including statements regarding potential strategic opportunities and the expected benefits thereof. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in the Company’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of PMGC Holdings’ Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

    IR Contact:

    IR@pmgcholdings.com

    The MIL Network –

  • MIL-OSI: Invalda INVL has entered into agreements to transfer its own shares exercising the options granted to employees in 2022

    Source: GlobeNewswire (MIL-OSI)

    17 June 2025 Invalda INVL has entered into agreements to transfer 41,678 treasury shares in order to exercise stock options granted in 2022 to the employees of Invalda INVL and companies in which Invalda INVL holds more than 50% of the shares.

    After the transfer is recorded in the securities accounts, the number of Invalda INVL treasury shares decreases to 240,906 units, representing 1.96% of the company’s total issued share capital.

    The person for additional information:
    Raimondas Rajeckas
    CFO of Invalda INVL
    raimondas@invaldainvl.com

    The MIL Network –

  • MIL-OSI: Break the Limits with BexBack: 100x Leverage, $50 Welcome Bonus & Double Deposit Match — No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 18, 2025 (GLOBE NEWSWIRE) — With Bitcoin holding steady at the $100,000 mark for a long time, the cryptocurrency market has once again attracted global attention. Many analysts now agree that a full-blown bull run has returned. But unlike in the past, this bull run favors flexible, high-leverage strategies over traditional HODLing. To help traders seize the moment, BexBack offers an unparalleled trading experience with up to 100x leverage, 100% deposit bonus, and a $50 welcome bonus – all without KYC certification.

    Why Use 100x Leverage to Trade Crypto?

    While Bitcoin’s bullish momentum is clear, price swings remain sharp and fast. High-leverage futures trading is an essential tool for traders aiming to:

    • Multiply Profits: Control 100x larger positions with the same capital — turn 1 BTC into a 100 BTC trading power.
    • React Fast: Open and close trades quickly to capture short-term price movements.
    • Profit in Any Market: Go long or short and profit whether prices rise or fall.
    • Boost ROI: With leverage and BexBack’s deposit bonuses, even modest price changes can produce exponential returns.

    Example:
    With BTC at $100,000, a trader opens a 1 BTC long contract using 100x leverage (position size = 100 BTC).
    If BTC rises just 5% to $105,00, the trader earns 5 BTC in profit — a 500% return.
    With BexBack’s 100% deposit bonus, that ROI could double to 1000%.

    What Is the Double Deposit Bonus?

    When you deposit to BexBack, you can receive 100% of your deposit as trading bonus.

    • Example: Deposit 1 BTC → Get 1 BTC in bonus funds.
    • The bonus can’t be withdrawn directly, but it can:
      • Be used as margin to open larger positions.
      • Help absorb market volatility by reducing liquidation risk.
      • Generate profits that can be fully withdrawn once earned.

    Why Trade Crypto Futures on BexBack?

    • No KYC Required — Trade anonymously and instantly
    • 100% Deposit Bonus — Double your margin, double your opportunity
    • 100x Leverage — Maximize capital efficiency
    • Demo Account — Practice risk-free with 10 BTC virtual balance
    • Powerful Platform — Available via Web and Mobile, with no spread or slippage
    • Global Support — 24/7 customer service available worldwide
    • Affiliate Program — Earn up to 50% commission sharing

    About BexBack

    BexBack is a global cryptocurrency derivatives exchange offering futures trading with up to 100x leverage on over 50 major crypto assets, including BTC, ETH, XRP, ADA, and SOL. Headquartered in Singapore, BexBack also has offices in Hong Kong, Japan, the U.S., the U.K., and Argentina. The platform is fully licensed under the U.S. FinCEN MSB (Money Services Business) registration and currently serves more than 500,000 users worldwide, including traders in the U.S., Canada, and Europe.

    Start Today— Unlock Your Path to Wealth on BexBack

    If you missed the last crypto bull run, now is your chance. With Bitcoin holding strong above $105,000, traders are flocking to high-leverage platforms to capture fast gains. BexBack is giving you everything you need — $50 bonus, 100% deposit match, 100x leverage, and no KYC.

    Sign Up Now on BexBack — Start your journey to rapidly accumulate wealth and enjoy a better life.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/027c1dc1-43b8-4392-871c-fa59143ebf61

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8ae4e1db-c4b7-48c3-a800-19906de28a78

    https://www.globenewswire.com/NewsRoom/AttachmentNg/174a3407-dd43-4543-b116-d7a7920a453c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e8a17924-1656-4156-80b3-98bb17dfec69

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fffec9bd-3fef-462d-8166-a0c2277e6581

    The MIL Network –

  • MIL-OSI: Break the Limits with BexBack: 100x Leverage, $50 Welcome Bonus & Double Deposit Match — No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 18, 2025 (GLOBE NEWSWIRE) — With Bitcoin holding steady at the $100,000 mark for a long time, the cryptocurrency market has once again attracted global attention. Many analysts now agree that a full-blown bull run has returned. But unlike in the past, this bull run favors flexible, high-leverage strategies over traditional HODLing. To help traders seize the moment, BexBack offers an unparalleled trading experience with up to 100x leverage, 100% deposit bonus, and a $50 welcome bonus – all without KYC certification.

    Why Use 100x Leverage to Trade Crypto?

    While Bitcoin’s bullish momentum is clear, price swings remain sharp and fast. High-leverage futures trading is an essential tool for traders aiming to:

    • Multiply Profits: Control 100x larger positions with the same capital — turn 1 BTC into a 100 BTC trading power.
    • React Fast: Open and close trades quickly to capture short-term price movements.
    • Profit in Any Market: Go long or short and profit whether prices rise or fall.
    • Boost ROI: With leverage and BexBack’s deposit bonuses, even modest price changes can produce exponential returns.

    Example:
    With BTC at $100,000, a trader opens a 1 BTC long contract using 100x leverage (position size = 100 BTC).
    If BTC rises just 5% to $105,00, the trader earns 5 BTC in profit — a 500% return.
    With BexBack’s 100% deposit bonus, that ROI could double to 1000%.

    What Is the Double Deposit Bonus?

    When you deposit to BexBack, you can receive 100% of your deposit as trading bonus.

    • Example: Deposit 1 BTC → Get 1 BTC in bonus funds.
    • The bonus can’t be withdrawn directly, but it can:
      • Be used as margin to open larger positions.
      • Help absorb market volatility by reducing liquidation risk.
      • Generate profits that can be fully withdrawn once earned.

    Why Trade Crypto Futures on BexBack?

    • No KYC Required — Trade anonymously and instantly
    • 100% Deposit Bonus — Double your margin, double your opportunity
    • 100x Leverage — Maximize capital efficiency
    • Demo Account — Practice risk-free with 10 BTC virtual balance
    • Powerful Platform — Available via Web and Mobile, with no spread or slippage
    • Global Support — 24/7 customer service available worldwide
    • Affiliate Program — Earn up to 50% commission sharing

    About BexBack

    BexBack is a global cryptocurrency derivatives exchange offering futures trading with up to 100x leverage on over 50 major crypto assets, including BTC, ETH, XRP, ADA, and SOL. Headquartered in Singapore, BexBack also has offices in Hong Kong, Japan, the U.S., the U.K., and Argentina. The platform is fully licensed under the U.S. FinCEN MSB (Money Services Business) registration and currently serves more than 500,000 users worldwide, including traders in the U.S., Canada, and Europe.

    Start Today— Unlock Your Path to Wealth on BexBack

    If you missed the last crypto bull run, now is your chance. With Bitcoin holding strong above $105,000, traders are flocking to high-leverage platforms to capture fast gains. BexBack is giving you everything you need — $50 bonus, 100% deposit match, 100x leverage, and no KYC.

    Sign Up Now on BexBack — Start your journey to rapidly accumulate wealth and enjoy a better life.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/027c1dc1-43b8-4392-871c-fa59143ebf61

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8ae4e1db-c4b7-48c3-a800-19906de28a78

    https://www.globenewswire.com/NewsRoom/AttachmentNg/174a3407-dd43-4543-b116-d7a7920a453c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e8a17924-1656-4156-80b3-98bb17dfec69

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fffec9bd-3fef-462d-8166-a0c2277e6581

    The MIL Network –

  • MIL-OSI: Ninepoint Partners LP Announces Proposed Changes to Name, Investment Objective, Investment Strategies and Other Changes for Ninepoint Resource Fund

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (Ninepoint Partners) announced today that, subject to unitholder approval, it proposes to change the investment objective (the IO Change) of Ninepoint Resource Fund (the Fund) to primarily focus the Fund’s investments in global equity and equity-related securities of companies that are involved diretly or indirectly in the metals and mining sector. If the IO Change is approved by unitholders, Ninepoint Partners will adjust the Fund’s investment strategies to implement the new investment objective, and will change the name of the Fund to: Ninepoint Mining Evolution Fund.

    Corresponding with the IO Change, Ninepoint Partners proposes to change the reference index used by the Fund for the purposes of calculating its risk rating and the incentive fee payable by the Fund. Such reference index will be changed at the time of the IO Change and, subject to unitholder approval, the incentive fee calculation for the Fund will be reset at such time.

    Ninepoint Partners will seek the approval of unitholders of the Fund in respect of the proposed IO Change and incentive fee reset (the Proposed Material Changes) at a special meeting to be held on or about August 11, 2025. Next month, details of the Proposed Material Changes will be sent to investors in the Fund who are entitled to vote. If the requisite approval is obtained, it is expected that the Proposed Material Changes will be implemented effective after the meeting on or about August 11, 2025.

    About Ninepoint Partners

    Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.

    For more information on Ninepoint Partners LP, please visit www.ninepoint.com or please contact us at (416) 943-6707 or (866) 299-9906 or invest@ninepoint.com.

    Sales Inquiries:
    Ninepoint Partners LP
    Neil Ross
    416-945-6227 
    nross@ninepoint.com 

    The MIL Network –

  • MIL-OSI: Ninepoint Partners LP Announces Proposed Changes to Name, Investment Objective, Investment Strategies and Other Changes for Ninepoint Resource Fund

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (Ninepoint Partners) announced today that, subject to unitholder approval, it proposes to change the investment objective (the IO Change) of Ninepoint Resource Fund (the Fund) to primarily focus the Fund’s investments in global equity and equity-related securities of companies that are involved diretly or indirectly in the metals and mining sector. If the IO Change is approved by unitholders, Ninepoint Partners will adjust the Fund’s investment strategies to implement the new investment objective, and will change the name of the Fund to: Ninepoint Mining Evolution Fund.

    Corresponding with the IO Change, Ninepoint Partners proposes to change the reference index used by the Fund for the purposes of calculating its risk rating and the incentive fee payable by the Fund. Such reference index will be changed at the time of the IO Change and, subject to unitholder approval, the incentive fee calculation for the Fund will be reset at such time.

    Ninepoint Partners will seek the approval of unitholders of the Fund in respect of the proposed IO Change and incentive fee reset (the Proposed Material Changes) at a special meeting to be held on or about August 11, 2025. Next month, details of the Proposed Material Changes will be sent to investors in the Fund who are entitled to vote. If the requisite approval is obtained, it is expected that the Proposed Material Changes will be implemented effective after the meeting on or about August 11, 2025.

    About Ninepoint Partners

    Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.

    For more information on Ninepoint Partners LP, please visit www.ninepoint.com or please contact us at (416) 943-6707 or (866) 299-9906 or invest@ninepoint.com.

    Sales Inquiries:
    Ninepoint Partners LP
    Neil Ross
    416-945-6227 
    nross@ninepoint.com 

    The MIL Network –

  • MIL-OSI: Summons for a written resolution – amendments to the senior secured callable bond terms

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 18 June 2025

    Interoil Exploration and Production ASA (the “Company“) has today requested Nordic Trustee AS to summon for a bondholders’ written resolution (the “Summons“) for the Company’s senior secured callable bonds with ISIN NO 001 0729908 (the “Bonds“).

    The purpose of the written resolution is to approve a proposal to amend the bond terms regarding the settlement of the interest payment on the Bonds falling due on 31 July 2025 (the “July Interest Payment“) in kind by the issuance and delivery of additional Bonds (“July PIK Bonds“) with terms and conditions substantially equal to those of the outstanding Bonds and the same interest rate as the outstanding Bonds at a rate of eight point fifty per cent (8.50%).

    In addition, the Company kindly request a waiver of the requirement in (i) Clause 13.2.1 paragraph (c) of the bond terms to publish its financial statements for year 2024 on its website within 120 days from the end of its financial year and (ii) Clause 13.2.1 paragraph (d) of the bond terms to publish its interim accounts for Q1 2025 on its website within 60 days after the end of Q1.

    For further background and details of the proposed resolutions, please see the attached Summons.

    The proposed resolutions will be passed if a simple majority of the voting bonds vote in favor of the proposed resolution prior to the expiry of the voting period. The voting period shall expire ten (10) business days after the date of the Summons, i.e., at 5 pm Oslo time on 3 July 2025.

    Please direct any further questions to: ir@interoil.no (mailto:ir@interoil.no)

    ***

    Interoil Exploration and Production ASA is a Norwegian based exploration and production company – listed on the Oslo Stock Exchange with focus on Latin America. The Company is operator and license holder of several production and exploration assets in Colombia and Argentina with headquarter in Oslo.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    Attachment

    The MIL Network –