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  • MIL-OSI China: G7 summit ends in disputes

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

    The Group of Seven (G7) summit wrapped up in Canada on Tuesday with no joint communique but some stark frictions.

    Several statements, or the leaders’ commitments, were issued after the summit, which included driving secure, responsible and trustworthy AI adoption across public and private sectors, powering AI now and into the future, and closing digital divides; boosting cooperation to unlock the full potential of quantum technology to grow economies, solve global challenges and keep communities secure.

    The attendees also committed to mounting a multilateral effort to better prevent, fight and recover from wildfires, which are on the rise around the world; protecting the rights of everyone in society, and the fundamental principle of state sovereignty, by continuing to combat foreign interference, with a focus on transnational repression; and countering migrant smuggling by dismantling transnational organized crime groups.

    In his final remarks at the closing news conference, Canadian Prime Minister Mark Carney said that the discussions over the past two days were marked by a range of differing opinions, frank conversations and strategic exchanges.

    “There is a great amount of direct dialogue and discussion, very frank exchanges, very strategic exchanges, differences of opinion on a number of issues, but an effort to find common solutions to some of these problems,” said Carney, also chair of this year’s summit.

    He said this is particularly valuable “at a time when multilateralism is under great strain.”

    There was no joint statement on Ukraine, although Carney announced new Canadian support for Ukraine’s defense and another set of sanctions on Russia. Carney invited Ukrainian President Volodymyr Zelensky to attend the event in person and made support for the country one of the summit’s key discussion topics on Tuesday.

    Leaders met for the final day of the summit in Kananaskis in Canada’s province of Alberta without U.S. President Donald Trump, who suddenly left Canada on Monday night, saying that escalations in the Middle East forced his early exit from the G7 event.

    As he left, the summit published a statement that the resolution of the Iranian crisis can lead to a broader de-escalation of hostilities in the Middle East, even a ceasefire in Gaza.

    The remaining G7 leaders had a working lunch with visiting non-G7 leaders on energy security. In the statement, the leaders said that they remain vigilant to the implications of the Iran-Israel aerial conflict for international energy markets and that they will stand ready to coordinate to safeguard market stability.

    Hundreds of protesters took to the streets in downtown Calgary and Banff during the summit, calling on the summit to address a variety of issues, including Trump’s threat to annex Canada.

    Originally scheduled to begin on the weekend, the summit was shortened to two days and officially started on Monday.

    French President Emmanuel Macron announced Tuesday that next year’s summit will take place in Evian, a French spa town known for its mineral water.

    The G7 is an informal bloc comprising seven of the world’s advanced economies — Canada, France, Germany, Italy, Japan, Britain and the United States — along with the European Union.

    MIL OSI China News –

  • MIL-OSI Banking: From mammoth hunters to numismatic collections – CNB issues a coin featuring the Venus of Dolní Věstonice

    Source: Czech National Bank

    The Czech National Bank (CNB) is issuing a CZK 200 commemorative silver coin to mark the 100th anniversary of the discovery of the famous female figurine in Dolní Věstonice – the Venus of Dolní Věstonice. The coin will go on sale on 18 June 2025.

    The design of the new coin was chosen in an art competition. At the recommendation of an expert committee, the CNB Bank Board selected the design submitted by Majka Wichnerová. Petr Neruda, head of the Anthropos Institute of the Moravian Museum in Brno, acted as the expert advisor to the committee.

    The CZK 200 coin depicts one of the world’s most precious and best-known archaeological discoveries from both sides. The obverse side of the coin features the Venus of Dolní Věstonice from behind and the landscape of the Pavlov Hills. The reverse side depicts a landscape with two mammoths, and the Venus of Dolní Věstonice from the front.

    “The Venus of Dolní Věstonice is one of the most important works of art from the Palaeolithic, the oldest ceramic figurine in the world and a symbol of Czech and global cultural heritage. The commemorative coin marks 100 years since its discovery in Dolní Věstonice, which significantly deepened our understanding of the spiritual life and technological development of prehistoric societies,” said CNB Bank Board member Karina Kubelková.

    The CNB is issuing a total of 18,300 coins: 6,400 in normal quality and 11,900 in proof quality. The coin is minted from an alloy containing 925 parts silver and 75 parts copper. It weighs 13 grams and has a diameter of 31 mm. It is issued in two versions, normal quality and proof quality. Proof-quality coins have a polished field and a matt relief.

    The coin’s denomination of CZK 200 does not equal the sale price, which is higher and reflects, among other things, the current price of silver, production costs and VAT. The coins were minted by Česká mincovna, a. s., in Jablonec nad Nisou and are available for purchase from selected contractual partners. The CNB does not sell numismatic material directly to the public.

    The commemorative coin to mark the 100th anniversary of the discovery of the Venus of Dolní Věstonice is the second CZK 200 silver coin issued by the CNB this year. A coin marking 200 years since the establishment of Czech savings bank – Böhmische Sparkasse was issued in February. The next CZK 200 coin will be issued in October, marking 900 years since the death of the chronicler Cosmas. Other silver coins to be issued by the CNB this year include a CZK 100 coin from the Institutions of the Czech Republic series featuring the Customs Administration.  A few days ago, the CNB issued a CZK 500 coin featuring the Aero L-39 Albatros jet trainer. Two more gold coins will be issued this year: a CZK 5,000 featuring the town of Tábor and an extraordinary CZK 10,000 gold coin weighing one troy ounce and marking 1,100 years since the start of the reign of Wenceslas I, Duke of Bohemia.

    The whole schedule of issuance of coins and banknotes for the period 2021–2025, as well as for the following period 2026–2030 is available on the CNB website.

    Venus of Dolní Věstonice

    The Venus of Dolní Věstonice is one of the world’s most important works of art from the Palaeolithic (Old Stone Age). It is 27,000 to 29,000 years old and was created during the age of mammoth hunters. A high degree of technological knowledge is attributed to this culture. Besides the production of stone tools made of flint, they also processed bones, antlers and mammoth ivory, which they used not only for tools and weapons, but also for decorative and artistic items.

    The ceramic figurine of the Venus fits in one’s palm – its height is 11.5 cm, width 4.4 cm and thickness 2.8 cm. It was discovered by a team of archaeologists led by Professor Karel Absolon at a site in Dolní Věstonice in South Moravia in July 1925. It is currently housed in the collections of the Anthropos Institute of the Moravian Museum in Brno.

    Jaroslav Krejčí
    CNB Spokesperson

    MIL OSI Global Banks –

  • MIL-OSI Europe: ASIA/PHILIPPINES – Impeachment proceedings against Vice President Sara Duterte: Catholics are guided by the spirit of the “Oratio imperata”

    Source: Agenzia Fides – MIL OSI

    Archdiocese of Manila

    Manila (Agenzia Fides) – ” “There has been and continues to be a heated debate in the country following the postponement, in the Senate, of the vote on the impeachment of Vice President Sara Duterte. Public opinion seems to be divided. As an ecclesial community, following these political developments, we can affirm that our compass remains the common good. And the spirit with which we observe and assess this situation is that of the “Oratio Imperata” that we recited in Manila before the elections,” Father Esteban Lo, National Director of the Pontifical Mission Societies in the Philippines, told Fides.In that moment before the elections, Cardinal José Advincula, Archbishop of Manila, invited the faithful “to be open to a constant conversion toward truth, justice, and peace.” Father Lo recalls several passages from the Oratio Imperata, in which one asks God: “Guide our nation in this time of crisis”; “Let the light of truth shine to guide us on the path to unity and peace”; “Let justice prevail and pave the way to healing and reconciliation.”Last February, the House of Representatives initiated impeachment proceedings against Sara Duterte on charges of embezzlement, bribery, and corruption with 215 of 306 votes. For the proceedings to proceed, the Senate must also vote on the matter.Following the May 12 elections and the new composition of the Senate, a special impeachment court was established in the Assembly to consider the case and potentially conduct the trial of Vice President Duterte. However, on June 10, senators voted to refer the complaints to the House of Representatives for legal and procedural reasons, sparking protests from activists and public discontent. The spokesperson for the Senate impeachment tribunal, attorney Regie Tongol, rejected accusations of “buying time” and explained the necessary steps: the formal organization of the tribunal, the adoption of procedural rules, the issuance of a mandate to the House to resolve jurisdictional issues, the formal summons of Duterte, and the receipt of his defense attorneys and receiving the formal summons from the defense attorneys. At this stage, the Catholic Bishops’ Conference of the Philippines, through a message signed by its president, Cardinal Pablo Virgilio David, urged the Senate to act, recalling that this is “a constitutional duty, not a political choice.” According to the statement, the Church’s intervention does not respond to partisan interests, but is rooted in Catholic social teaching, “which upholds truth, justice, and the common good.” “The pursuit of truth is not a political option; it is a moral imperative. Let your conscience guide your actions. Let the truth take its course,” the statement reads.The Archbishop of Lingayen-Dagupan, Socrates Villegas, also warned that delaying the impeachment process “not only constitutes a political, moral, and spiritual failure on the part of public officials, but also a grave sin of omission against the common good,” as it violates truth, justice, and the right of citizens to demand accountability.The Catholic Educational Association of the Philippines (CEAP), the largest network of Catholic educational institutions in the country, has joined the call, urging the Senate not to delay the process, which it called “a constitutional, moral, and democratic imperative.” (PA) (Agenzia Fides, 18/6/2025)
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    MIL OSI Europe News –

  • MIL-OSI Europe: AFRICA/NIGERIA – Auxiliary Bishop of Minna: “It is inexplicable that such cruelty was inflicted on hundreds of people”

    Source: Agenzia Fides – MIL OSI

    Wednesday, 18 June 2025

    Minna (Agenzia Fides) – “What happened in Makurdi is truly horrible,” said the Auxiliary Bishop of the Diocese of Minna, Luka Sylvester Gopep, to Fides, in a commentary on the massacre that occurred on the night of June 13-14 in Benue State (see Fides, 16/6/2025).Speaking to Fides, Bishop Gopep does not hide his deep sadness when speaking of this tragic, umpteenth episode of violence that has struck the country.”It is inexplicable that such cruelty was inflicted on hundreds of people. It is difficult to understand why the Fulani herdsmen who perpetrated the massacre acted in this way,” said Bishop Gopep. “The fact is that Makurdi is a predominantly Christian area, and the Fulani nomads are predominantly Muslims from the northern part of the country, while Makurdi is located in the center of the Country. The Diocese of Minna in Niger State lies between two dioceses before reaching Makurdi: the Archdiocese of Abuja and the Diocese of Lafiya. Last May 29, the area of Minna was hit by severe floods that left more than 200 dead and thousands displaced, including more than 1,000 children.”The prelate also announced that Bola Ahmed Adekunle Tinubu, President of Nigeria since May 29, 2023, is expected in Makurdi today, June 18, 2025. (AP) (Agenzia Fides, 18/6/2025)
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    MIL OSI Europe News –

  • MIL-OSI Europe: AFRICA/SUDAN – Is Sudan moving toward partition?

    Source: Agenzia Fides – MIL OSI

    Wednesday, 18 June 2025

    Khartoum (Agenzia Fides) – Is Sudan heading toward a de facto partition? This is the question several regional analysts are asking following the takeover of the so-called “border triangle” between Sudan, Libya, and Egypt by the Rapid Support Forces (RSF), led by Mohamed Hamdan Dagalo, known as Hemedti.According to the regular armed forces (Sudan Armed Forces, SAF) under the command of General Abdel Fattah al-Burhan, the RSF’s conquest of the tri-border area was facilitated by the help of General Khalifa Haftar, head of the Libyan National Army (LNA), the Benghazi-based Libyan faction that controls Cyrenaica and opposes the Government of National Accord (GNA) in Tripoli. Control of this important border region between Sudan and Libya makes it possible to manage legal and illegal trade (especially gold) and to supply RSF troops across the Libyan border. After being expelled from the capital Khartoum, the RSF leadership intends to concentrate its forces in western Sudan, in Darfur and Kordofan (see Fides, 11/6/2025). By creating a secure supply and trade route, Dagalo aims to establish its own administration in its stronghold of Darfur. In recent months, Dagalo has already announced the formation of an alternative government to the one led by General al-Burhan (see Fides, 19/2/2025 and Fides 16/4/2025).The conflict between Sudanese factions has also taken on an ideological and international dimension. To help the RSF control the tri-border area, General Haftar has deployed the “Subul al-Salam” brigade, an armed Salafist group that opposes the political Islam represented by the Muslim Brotherhood. This trend is frowned upon by the United Arab Emirates, which has supported both Haftar and the RSF. In its strategy to curb the Muslim Brotherhood, the Emirates appears willing to ally, albeit indirectly, with Salafi groups with strong tribal roots, such as the Subul al-Salam Brigade, made up of members of the Zuwaya tribe. The SAF, under the leadership of General Buran, was able to recapture Khartoum and other areas largely thanks to the newly formed ‘Hunter Force’, a special elite unit composed, among others, of Islamist elements with links to the Muslim Brotherhood. The external influences in the Sudanese civil war are finally demonstrated by the “drone war” (see Fides, 16/5/2025), in which the RSF uses armed Chinese-made drones supplied by the Emirates, as well as Turkish army drones supplied by Ankara, which supports General Buran. (L.M.) (Agenzia Fides, 18/6/2025)
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    MIL OSI Europe News –

  • German minister to Iran: never too late to negotiate

    Source: Government of India

    Source: Government of India (4)

    Germany’s foreign minister appealed to Iran’s leaders to make credible assurances that it is not seeking a nuclear weapon and to show it is willing to find a negotiated solution as fears mount of further military escalation between Iran and Israel.

    “We are still ready to negotiate a solution. However, Iran must act urgently … it is never too late to come to the negotiating table if one comes with sincere intentions,” Johann Wadephul said at a news conference with his Jordanian counterpart on Wednesday.

    Wadephul said Israel’s fear that Iran would develop nuclear weapons was justified and it had a right to self-defence.

    “The Israeli decision to do something against this threat is comprehensible,” he said, adding civilian deaths on both sides were regrettable after air attacks between Iran and Israel.

    His ministry was arranging special flights later on Wednesday and on Thursday to each repatriate about 180 German citizens via Amman, he said.

    Wadephul also said Germany had agreed to create an economic council with Syria to improve cooperation and boost prosperity and stability there.

    (Reuters)

  • MIL-OSI Security: Witness appeal launched after murder in Camden

    Source: United Kingdom London Metropolitan Police

    Police are appealing for witnesses and information following the murder of a woman in Camden.

    Officers were called by the London Ambulance Service at 18:00hrs on Friday, 13 June to a report of an unresponsive woman at her home in Mornington Place, Camden.

    Officers attended and found a woman with stab injuries. She was sadly pronounced dead at the scene.

    She has been identified as 69-year-old Jennifer Abbott. Known professionally as Sarah Steinberg, Jennifer was a popular member of the community. She was often seen walking her Corgi dog in the Camden area, including on Tuesday, 10 June when she was last seen by neighbours.

    A post-mortem examination took place on Sunday, 15 June and gave cause of death as sharp force trauma.

    Officers also carried out a number of enquiries alongside the PM. Details of which meant that it is now appropriate to issue information about the incident and the appeal.

    While detectives are keeping an open mind about the possible motive for the murder, they are appealing in particular for information about a Rolex watch which they believe is missing from Jennifer’s address.

    It has a distinctive diamond encrusted face.

    Chief Superintendent Jason Stewart, who leads policing in Camden, said: “We are working closely with our colleagues in the homicide team to establish exactly what happened and it’s incredibly important that we hear from anyone who may have knowledge about how this awful death occurred.

    “Were you out in Camden on Friday? Perhaps you had been coming home from work, or at an event nearby? Did you see or hear anything around Mornington Place that struck you as being unusual?

    “Someone must have seen or heard something and no piece of information is too small. It could be the crucial clue that leads us to identify Jennifer’s murderer.

    “Extra patrols continue in the area while my officers remain at the crime scene. I would urge anyone who has any information, or who may be worried, to speak to them.”

    There have been no arrests at this stage.

    Anyone with information is urged to call 101 or message @MetCC on X, giving the reference 6470/13JUN. Information, including photos or videos, can also be easily uploaded to our dedicated appeal page.

    Alternatively you can speak anonymously to the independent charity Crimestoppers on 0800 555 111, or at https://crimestoppers-uk.org/.

    MIL Security OSI –

  • MIL-OSI Security: Witness appeal launched after murder in Camden

    Source: United Kingdom London Metropolitan Police

    Police are appealing for witnesses and information following the murder of a woman in Camden.

    Officers were called by the London Ambulance Service at 18:00hrs on Friday, 13 June to a report of an unresponsive woman at her home in Mornington Place, Camden.

    Officers attended and found a woman with stab injuries. She was sadly pronounced dead at the scene.

    She has been identified as 69-year-old Jennifer Abbott. Known professionally as Sarah Steinberg, Jennifer was a popular member of the community. She was often seen walking her Corgi dog in the Camden area, including on Tuesday, 10 June when she was last seen by neighbours.

    A post-mortem examination took place on Sunday, 15 June and gave cause of death as sharp force trauma.

    Officers also carried out a number of enquiries alongside the PM. Details of which meant that it is now appropriate to issue information about the incident and the appeal.

    While detectives are keeping an open mind about the possible motive for the murder, they are appealing in particular for information about a Rolex watch which they believe is missing from Jennifer’s address.

    It has a distinctive diamond encrusted face.

    Chief Superintendent Jason Stewart, who leads policing in Camden, said: “We are working closely with our colleagues in the homicide team to establish exactly what happened and it’s incredibly important that we hear from anyone who may have knowledge about how this awful death occurred.

    “Were you out in Camden on Friday? Perhaps you had been coming home from work, or at an event nearby? Did you see or hear anything around Mornington Place that struck you as being unusual?

    “Someone must have seen or heard something and no piece of information is too small. It could be the crucial clue that leads us to identify Jennifer’s murderer.

    “Extra patrols continue in the area while my officers remain at the crime scene. I would urge anyone who has any information, or who may be worried, to speak to them.”

    There have been no arrests at this stage.

    Anyone with information is urged to call 101 or message @MetCC on X, giving the reference 6470/13JUN. Information, including photos or videos, can also be easily uploaded to our dedicated appeal page.

    Alternatively you can speak anonymously to the independent charity Crimestoppers on 0800 555 111, or at https://crimestoppers-uk.org/.

    MIL Security OSI –

  • MIL-OSI Security: CSAF, CMSAF visit MacDill AFB

    Source: United States Air Force

    U.S. Air Force Chief of Staff Gen. David Allvin and Chief Master Sgt. of the Air Force David Flosi hosted an all-call for Airmen at MacDill Air Force Base, highlighting the base’s vital contributions to force readiness, talent development and global power projection.

    MIL Security OSI –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 17 06 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 17 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,095,093 3.9417    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,095,093 3.9417    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 6,620 441.5p
    50p ORDINARY SALE 5,740 441.51p
    50p ORDINARY PURCHASE 1,612 442.5p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 18 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: YieldMax® ETFs Announces Distributions on MRNY, ULTY, MARO, GDXY, LFGY, and Others

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, MILWAUKEE and NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — YieldMax® today announced distributions for the YieldMax®Weekly Payers and Group B ETFs listed in the table below.

    ETF Ticker1 ETF Name Distribution Frequency Distribution per Share Distribution Rate2,4 30-Day
    SEC Yield3    		 ROC5 Ex-Date & Record Date Payment Date
    CHPY YieldMax® Semiconductor Portfolio Option Income ETF Weekly $0.4056 39.53% 0.38% 100.00% 6/20/25 6/23/25
    GPTY YieldMax® AI & Tech Portfolio Option Income ETF Weekly $0.3226 35.91% 0.00% 100.00% 6/20/25 6/23/25
    LFGY YieldMax® Crypto Industry & Tech Portfolio Option Income ETF Weekly $0.4684 63.05% 0.00% 100.00% 6/20/25 6/23/25
    QDTY YieldMax® Nasdaq 100 0DTE Covered Call ETF Weekly $0.2342 28.57% 0.00% 100.00% 6/20/25 6/23/25
    RDTY YieldMax® R2000 0DTE Covered Call ETF Weekly $0.3265 37.71% 0.89% 100.00% 6/20/25 6/23/25
    SDTY YieldMax® S&P 500 0DTE Covered Call ETF Weekly $0.2233 26.63% 0.00% 100.00% 6/20/25 6/23/25
    ULTY YieldMax® Ultra Option Income Strategy ETF Weekly $0.0875 73.92% 0.00% 100.00% 6/20/25 6/23/25
    YMAG YieldMax® Magnificent 7 Fund of Option Income ETFs Weekly $0.1691 57.82% 66.50% 92.24% 6/20/25 6/23/25
    YMAX YieldMax® Universe Fund of Option Income ETFs Weekly $0.1424 55.07% 88.53% 92.18% 6/20/25 6/23/25
    BABO YieldMax® BABA Option Income Strategy ETF Every 4
    weeks    		 $0.4314 35.88% 3.32% 91.83% 6/20/25 6/23/25
    DIPS YieldMax® Short NVDA Option Income Strategy ETF Every 4
    weeks    		 $0.2922 45.02% 2.78% 93.01% 6/20/25 6/23/25
    FBY YieldMax® META Option Income Strategy ETF Every 4
    weeks    		 $0.5363 41.44% 3.21% 93.05% 6/20/25 6/23/25
    GDXY YieldMax® Gold Miners Option Income Strategy ETF Every 4
    weeks    		 $0.8449 69.06% 3.38% 95.87% 6/20/25 6/23/25
    JPMO YieldMax® JPM Option Income Strategy ETF Every 4
    weeks    		 $0.2774 21.85% 3.02% 87.32% 6/20/25 6/23/25
    MARO YieldMax® MARA Option Income Strategy ETF Every 4
    weeks    		 $1.2073 71.88% 3.30% 96.21% 6/20/25 6/23/25
    MRNY YieldMax® MRNA Option Income Strategy ETF Every 4
    weeks    		 $0.1900 102.74% 3.20% 97.17% 6/20/25 6/23/25
    NVDY YieldMax® NVDA Option Income Strategy ETF Every 4
    weeks    		 $0.6721 53.15% 2.98% 95.30% 6/20/25 6/23/25
    PLTY YieldMax® PLTR Option Income Strategy ETF Every 4
    weeks    		 $3.2600 62.55% 2.76% 96.50% 6/20/25 6/23/25
    Weekly Payers & Group C ETFs scheduled for next week: CHPY GPTY LFGY QDTY RDTY SDTY ULTY YMAG YMAX ABNY AMDY CONY CVNY FIAT HOOY MSFO NFLY PYPY  


    Standardized Performance and Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at     www.yieldmaxetfs.com

    Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

    Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

    1  All YieldMax®ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX, FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. YMAG has a management fee of 0.29% and Acquired Fund Fees and Expenses of 0.83% for a gross expense ratio of 1.12%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax®ETFs. ULTY has a gross expense ratio of 1.40%, and a net expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026.

    2  The Distribution Rate shown is as of close on June 17, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

    3 The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended May 31, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.

    4  Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.

    5  ROC refers to Return of Capital. The ROC percentage indicates how much the distribution reflects an investor’s initial investment. The figures shown for each Fund in the table above are estimates and may later be determined to be taxable net investment income, short-term gains, long-term gains (to the extent permitted by law), or return of capital. Actual amounts and sources for tax reporting will depend upon the Fund’s investment activities during the remainder of the fiscal year and may be subject to changes based on tax regulations. Your broker will send you a Form 1099-DIV for the calendar year to tell you how to report these distributions for federal income tax purposes.

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Important Information

    This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

    Contact Vince DiLullo at vdilullo@tidalfg.com for more information.

    Tidal Financial Group is the adviser for all YieldMax® ETFs.

    THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax® ETFs. As such, these Funds are subject to the risks listed in this section, which apply to all the YieldMax® ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

    Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA, HOOD, BRK.B), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

    Risk Disclosures (applicable only to GPTY)

    Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory, and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

    Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

    Risk Disclosure (applicable only to MARO)

    Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting, and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to CHPY)

    Semiconductor Industry Risk. Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on their profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies’ supply chain and operations are dependent on the availability of materials that meet exacting standards and the use of third parties to provide components and services.

    The products of semiconductor companies may face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel. Capital equipment expenditures could be substantial, and equipment generally suffers from rapid obsolescence. Companies in the semiconductor industry are heavily dependent on patent and intellectual property rights. The loss or impairment of these rights would adversely affect the profitability of these companies.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    YieldMax® ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax® ETFs.

    © 2025 YieldMax® ETFs

    The MIL Network –

  • MIL-OSI: Form 8.3 – [ALPHA GROUP INTERNATIONAL PLC – 17 06 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ALPHA GROUP INTERNATIONAL PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 17 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.2p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,384,538 3.2728    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,384,538 3.2728    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.2p ORDINARY SALE 16,004 3026.2497p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 18 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: 3D Systems Announces Issuance of $92 Million of Convertible Senior Secured Notes due 2030 and Retirement of $180 Million of Existing Convertible Senior Notes due 2026

    Source: GlobeNewswire (MIL-OSI)

    ROCK HILL, S.C., June 18, 2025 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE: DDD) announced that it has entered into separate, privately negotiated subscription agreements with a limited number of qualified institutional buyers, pursuant to which 3D Systems will issue $92 million aggregate principal amount of its 5.875% convertible senior secured notes due 2030 (the “notes”). The issuance and sale of the notes are expected to close on June 23, 2025, subject to customary closing conditions.

    The notes will be senior secured obligations of 3D Systems, will be guaranteed by certain subsidiaries of 3D Systems and will bear interest at a rate of 5.875% per annum, payable semiannually in arrears on June 15 and December 15 of each year, beginning on December 15, 2025. The notes will mature on June 15, 2030, unless earlier redeemed, repurchased or converted in accordance with the terms of the notes. The notes will be convertible at the option of holders at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The notes will be convertible into cash, shares of 3D Systems’ common stock (“common stock”) or a combination of cash and shares of common stock, at the election of 3D Systems.

    The notes will have an initial conversion rate of 445.6328 shares of common stock per $1,000 principal amount of notes (which is subject to adjustment in certain circumstances). This is equivalent to an initial conversion price of approximately $2.24 per share, which represents a premium of approximately 20% over the last reported sale price of 3D Systems’ common stock on The New York Stock Exchange of $1.87 per share on June 17, 2025.

    The holders of the notes will have a one-time right, on June 20, 2028 (the “put date”), to require 3D Systems to repurchase for cash all or a portion of their notes on the put date at 100% of their principal amount, plus accrued and unpaid interest. Additionally, holders of the notes will have the right to require 3D Systems to repurchase for cash all or a portion of their notes at 100% of their principal amount, plus any accrued and unpaid interest, upon the occurrence of a fundamental change (as defined in the indenture relating to the notes). 3D Systems will also be required to increase the conversion rate for holders who convert their notes in connection with certain fundamental changes or convert their notes that are called for redemption, as the case may be, prior to the maturity date. The notes will be redeemable, in whole or in part, for cash at 3D Systems’ option at any time, and from time to time, on or after June 20, 2028 and before the 41st scheduled trading day immediately preceding the maturity date, but only if the last reported sale price per share of the common stock has been at least 130% of the conversion price then in effect for a specified period of time.

    3D Systems intends to use (i) the proceeds from the sale of the notes, together with approximately $78 million of cash on hand, to purchase a portion of its outstanding 0% convertible senior notes due 2026 (the “2026 notes”) and (ii) approximately $15 million of cash on hand to purchase shares of its outstanding common stock, each as described below.

    3D Systems also entered into separate, privately negotiated transactions with certain holders of the 2026 notes to repurchase approximately $180 million in aggregate principal amount of the 2026 notes. The terms of each note repurchase were individually negotiated with each such holder of the 2026 notes. 3D Systems may also repurchase outstanding 2026 notes following the closing for the notes. No assurance can be given as to how much, if any, of the 2026 notes will be repurchased following the closing of the notes or the terms on which they will be repurchased.  

    In addition, 3D Systems entered into transactions to repurchase approximately 8 million shares of its outstanding common stock from purchasers of the notes in separate, privately negotiated transactions, at a price per share equal to $1.87, which was the closing price per share of the common stock on The New York Stock Exchange on June 17, 2025.

    This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities (including the shares of common stock, if any, into which the notes are convertible), nor shall there be any offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws.

    The offer and sale of the notes and any shares of common stock issuable upon conversion of the notes have not been registered under the Securities Act of 1933, as amended, or qualified under any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration or qualification requirements.

    Forward-Looking Statements

    Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements, including the ability of the company to consummate the sale of the notes on the expected terms, or at all. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.

    About 3D Systems

    For nearly 40 years, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future.

    Investor Contact: investor.relations@3dsystems.com
    Media Contact: press@3dsystems.com

    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes Digital Brands Group, Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Digital Brands Group, Inc. (OTCQX: DBGI), a company specializing in eCommerce, fashion, and luxury lifestyle brands, has qualified to trade on the OTCQX® Best Market. Digital Brands Group, Inc. upgraded to OTCQX from the Pink® market.

    Digital Brands Group, Inc. begins trading today on OTCQX under the symbol “DBGI.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

    About Digital Brands Group, Inc.
    We offer a wide variety of apparel through numerous brands on a direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. We focus on owning the customer’s “closet share” by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI: Climb Channel Solutions Announces North American Alliance with Bugcrowd

    Source: GlobeNewswire (MIL-OSI)

    EATONTOWN, N.J., June 18, 2025 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is pleased to announce a new North American distribution agreement with Bugcrowd, a global leader in crowdsourced cybersecurity.

    Bugcrowd is a crowdsourced cybersecurity platform designed for identifying and addressing vulnerabilities in digital systems. The company’s platform integrates a global network of security researchers, artificial intelligence-powered penetration testing, advanced vulnerability detection tools, and real-time reporting, enabling organizations to strengthen security defenses, mitigate risks, protect sensitive data, and ensure the resilience of systems across diverse industries and technological environments.

    This strategic collaboration enables Climb to deliver Bugcrowd’s platform-driven security offerings to a broader base of resellers and solution providers, further enhancing its cybersecurity portfolio and strengthening its position as a go-to channel partner for emerging technologies.

    At Climb Channel Solutions, we are committed to delivering cutting-edge solutions that align with the evolving needs of our partners and their customers. The addition of Bugcrowd to our vendor portfolio is a natural extension of that mission. With cyber threats growing more complex and persistent, we recognize the demand for modern, scalable, and proactive security solutions. This collaboration allows us to empower our resellers with access to Bugcrowd’s trusted platform, backed by the global expertise of its crowdsourced security researchers and ethical hackers. It’s another example of how Climb drives value for our partners by identifying and onboarding next-generation technologies built for today’s challenges.

    “We are thrilled to partner with Climb Channel Solutions, a distributor renowned for its speed-to-market and commitment to partner success,” said Jacques Lopez, Vice President of Global Channel and Alliances, Bugcrowd. “This collaboration is pivotal for Bugcrowd, as it extends the reach of our award-winning crowdsourced security platform to Climb CS’s vast reseller network and, by extension, to more businesses seeking to improve security resilience over time. We’re confident Climb CS customers will benefit from the continuous, scalable, and highly effective vulnerability discovery capabilities only Bugcrowd can provide, helping them stay ahead of threats and protect their critical assets. We’re grateful for the opportunity to work with such a dedicated, dynamic team.”

    Through this collaboration, Climb Channel Solutions will now offer Bugcrowd’s industry-leading crowdsourced security platform to its vast ecosystem of over 7,000 resellers. This expansion empowers Climb’s partners to offer their customers the Bugcrowd solutions they require, such as vulnerability detection, penetration testing, comprehensive attack surface management, and Red Team as a Service (RTaaS)— the industry’s premier crowdsourced red team offering. The collaboration directly addresses the urgent and ongoing demand from businesses to proactively find and fix vulnerabilities before they can be exploited. Ultimately, this strategic alliance underscores Climb’s dedication to providing essential, forward-thinking IT technologies and significantly strengthens Bugcrowd’s presence within the channel. 

    “Bugcrowd brings a truly differentiated approach to the cybersecurity landscape, and we’re proud to welcome them into the Climb portfolio,” said Dale Foster, CEO of Climb Channel Solutions. “As threats evolve, so must the solutions we deliver—and Bugcrowd’s ability to crowdsource elite security expertise at scale is exactly the kind of innovation our partners are looking for. This partnership reflects our commitment to surfacing high-impact, emerging vendors that solve real-world challenges. Together, we’re enabling our partners to offer greater protection, with agility and confidence.”

    Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

    About Climb Channel Solutions and Climb Global Solutions

    Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

    For Media & PR inquiries contact:
    Climb Channel Solutions
    Media Relations
    media@ClimbCS.com

    Investor Relations Contact:
    Elevate IR
    Sean Mansouri, CFA
    T: 720-330-2829
    CLMB@elevate-ir.com

    About Bugcrowd

    We are Bugcrowd. Since 2012, we’ve been empowering organizations to take back control and stay ahead of threat actors by uniting the collective ingenuity and expertise of our customers and trusted alliance of elite hackers, with our patented data and AI-powered Security Knowledge Platform™. Our network of hackers brings diverse expertise to uncover hidden weaknesses, adapting swiftly to evolving threats, even against zero-day exploits. With unmatched scalability and adaptability, our data and AI-driven CrowdMatch™ technology in our Platform finds the perfect talent for your unique fight. We are creating a new era of modern crowdsourced security that outpaces threat actors.

    Unleash the ingenuity of the hacker community with Bugcrowd, visit www.bugcrowd.com. Read our blog.

    “Bugcrowd”, “CrowdMatch” and “Security Knowledge Platform” are trademarks of Bugcrowd Inc. and its subsidiaries. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

    Contact

    ICR for
    Bugcrowd
    press@bugcrowd.com
    bugcrowd@icrinc.com

    The MIL Network –

  • MIL-OSI: Climb Channel Solutions Announces North American Alliance with Bugcrowd

    Source: GlobeNewswire (MIL-OSI)

    EATONTOWN, N.J., June 18, 2025 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is pleased to announce a new North American distribution agreement with Bugcrowd, a global leader in crowdsourced cybersecurity.

    Bugcrowd is a crowdsourced cybersecurity platform designed for identifying and addressing vulnerabilities in digital systems. The company’s platform integrates a global network of security researchers, artificial intelligence-powered penetration testing, advanced vulnerability detection tools, and real-time reporting, enabling organizations to strengthen security defenses, mitigate risks, protect sensitive data, and ensure the resilience of systems across diverse industries and technological environments.

    This strategic collaboration enables Climb to deliver Bugcrowd’s platform-driven security offerings to a broader base of resellers and solution providers, further enhancing its cybersecurity portfolio and strengthening its position as a go-to channel partner for emerging technologies.

    At Climb Channel Solutions, we are committed to delivering cutting-edge solutions that align with the evolving needs of our partners and their customers. The addition of Bugcrowd to our vendor portfolio is a natural extension of that mission. With cyber threats growing more complex and persistent, we recognize the demand for modern, scalable, and proactive security solutions. This collaboration allows us to empower our resellers with access to Bugcrowd’s trusted platform, backed by the global expertise of its crowdsourced security researchers and ethical hackers. It’s another example of how Climb drives value for our partners by identifying and onboarding next-generation technologies built for today’s challenges.

    “We are thrilled to partner with Climb Channel Solutions, a distributor renowned for its speed-to-market and commitment to partner success,” said Jacques Lopez, Vice President of Global Channel and Alliances, Bugcrowd. “This collaboration is pivotal for Bugcrowd, as it extends the reach of our award-winning crowdsourced security platform to Climb CS’s vast reseller network and, by extension, to more businesses seeking to improve security resilience over time. We’re confident Climb CS customers will benefit from the continuous, scalable, and highly effective vulnerability discovery capabilities only Bugcrowd can provide, helping them stay ahead of threats and protect their critical assets. We’re grateful for the opportunity to work with such a dedicated, dynamic team.”

    Through this collaboration, Climb Channel Solutions will now offer Bugcrowd’s industry-leading crowdsourced security platform to its vast ecosystem of over 7,000 resellers. This expansion empowers Climb’s partners to offer their customers the Bugcrowd solutions they require, such as vulnerability detection, penetration testing, comprehensive attack surface management, and Red Team as a Service (RTaaS)— the industry’s premier crowdsourced red team offering. The collaboration directly addresses the urgent and ongoing demand from businesses to proactively find and fix vulnerabilities before they can be exploited. Ultimately, this strategic alliance underscores Climb’s dedication to providing essential, forward-thinking IT technologies and significantly strengthens Bugcrowd’s presence within the channel. 

    “Bugcrowd brings a truly differentiated approach to the cybersecurity landscape, and we’re proud to welcome them into the Climb portfolio,” said Dale Foster, CEO of Climb Channel Solutions. “As threats evolve, so must the solutions we deliver—and Bugcrowd’s ability to crowdsource elite security expertise at scale is exactly the kind of innovation our partners are looking for. This partnership reflects our commitment to surfacing high-impact, emerging vendors that solve real-world challenges. Together, we’re enabling our partners to offer greater protection, with agility and confidence.”

    Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

    About Climb Channel Solutions and Climb Global Solutions

    Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

    For Media & PR inquiries contact:
    Climb Channel Solutions
    Media Relations
    media@ClimbCS.com

    Investor Relations Contact:
    Elevate IR
    Sean Mansouri, CFA
    T: 720-330-2829
    CLMB@elevate-ir.com

    About Bugcrowd

    We are Bugcrowd. Since 2012, we’ve been empowering organizations to take back control and stay ahead of threat actors by uniting the collective ingenuity and expertise of our customers and trusted alliance of elite hackers, with our patented data and AI-powered Security Knowledge Platform™. Our network of hackers brings diverse expertise to uncover hidden weaknesses, adapting swiftly to evolving threats, even against zero-day exploits. With unmatched scalability and adaptability, our data and AI-driven CrowdMatch™ technology in our Platform finds the perfect talent for your unique fight. We are creating a new era of modern crowdsourced security that outpaces threat actors.

    Unleash the ingenuity of the hacker community with Bugcrowd, visit www.bugcrowd.com. Read our blog.

    “Bugcrowd”, “CrowdMatch” and “Security Knowledge Platform” are trademarks of Bugcrowd Inc. and its subsidiaries. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

    Contact

    ICR for
    Bugcrowd
    press@bugcrowd.com
    bugcrowd@icrinc.com

    The MIL Network –

  • MIL-OSI: Adant and QuantalRF Partner to Advance Antenna Performance in Wi-Fi Access Points

    Source: GlobeNewswire (MIL-OSI)

    PLEASANTON, Calif. and ZURICH, June 18, 2025 (GLOBE NEWSWIRE) — Adant Technologies Inc., a global leader in smart antenna solutions for wireless connectivity, today announced a strategic partnership with QuantalRF, the pioneering developer of RF semiconductor and antenna solutions. Under the commercial agreement, Adant is integrating QuantalRF’s patented DockOn® compound planar loop (CPL) antenna technology into its Wi-Fi AP antenna solutions for enterprise, carrier-home and retail-home markets. The partnership is already in progress through design collaborations with leading Tier 1 carriers, with plans to expand into additional opportunities.

    Adant’s smart antenna platform applies advanced spatial optimization and beamforming algorithms to maximize signal strength, range and link reliability in Wi-Fi AP deployments. The integration of QuantalRF’s CPL antenna technology — engineered for superior efficiency greater than 80%, isolation greater than 30dB, gain, and omnidirectionality pattern — further enhances RF performance by minimizing multipath interference and improving coverage uniformity. Together, the combined solution offers OEMs a highly integrated, production-ready antenna subsystem that accelerates time to market while exceeding the performance demands of next-generation Wi-Fi systems.

    “Adant is deeply embedded across the Wi-Fi AP ecosystem—from Carriers to leading OEMs and ODMs,” said Dr. Ali Fard, CEO and CTO of QuantalRF. “As their antenna technology partner, we are collaborating to deliver compact, high-efficiency antenna solutions optimized for 2×2 and 4×4 MIMO configurations across Wi-Fi 6, 6E and 7. Together, we are bringing a highly differentiated solution into a market estimated to use more than 1 billion antennas annually.”

    “This partnership reflects our shared vision for the future of connectivity,” said Daniele Piazza, CEO of Adant Technologies. “By integrating QuantalRF’s antenna technology, we are strengthening our antenna solutions with the performance, integration and flexibility our customers require. This positions us to scale efficiently across enterprise, carrier and retail markets, where our two companies are already strategically aligned and engaged in initial design activity.”

    Key Collaboration Benefits:

    • Enhanced system performance – Boosts signal reliability, range and throughput in Wi-Fi 7 deployments
    • Streamlined development – Integration-ready antenna solution reduces design complexity and shortens time to market
    • Greater design flexibility – Supports compact, high-efficiency implementations across enterprise, carrier and consumer-grade Wi-Fi APs

    For more information about Adant, visit adant.com or contact info@adant.com.

    For more information about QuantalRF, visit quantalRF.com or contact sales@quantalRF.com.
      
    About Adant Technologies Inc.
    Adant Technologies Inc. is a global player in providing advanced solutions that revolutionize the connectivity and functionalities of communication devices. Adant designs and sells adaptive wireless systems using its unique Beamshaping™ smart antenna technology to provide the best possible connectivity and accurate positioning to WiFi, 5G, and BLE devices. Adant has embedded its technology worldwide in hundreds of thousands of wireless devices and has established key partnerships with the world’s leading original equipment manufacturers and chipset makers.

    About QuantalRF AG
    QuantalRF is transforming the RF signal chain for wireless communications to deliver an unmatched user experience. Its ultra-compact, highly configurable front-end ICs and extremely efficient antennas substantially improve area, cost, power, and overall performance. Headquartered in Zürich, Switzerland, with R&D centers in the USA and Sweden, QuantalRF has an extensive portfolio of over 200 patents. For more information, visit www.quantalRF.com.

    Forward-Looking Statements
    www.quantalRF.com/forward-looking-statement

    Media Contacts:

    Adant Technologies Inc
    info@adant.com
    +1 925-267-8175

    QuantalRF
    Dave Aichele
    EVP Sales & Business Development
    dave.aichele@quantalrf.com
    +1 858-401-6444

    The MIL Network –

  • MIL-OSI United Kingdom: Ban Belarus: UEFA’s ‘neutral’ policy does not go far enough

    Source: Scottish Greens

    18 Jun 2025 Human Rights Sport

    Human rights violators should not be platformed in sport.

    More in Human Rights

    UEFA must go further than allowing Belarus to play behind closed doors, and ban them from competing while the country continues to violate human rights and enable Russian war crimes, say Scottish Greens. 

    Scotland fans will not be able to attend the World Cup qualifier game in Hungary this September, because UEFA decided that Belarus matches must be played on ‘neutral’ grounds and behind closed doors due to their ongoing support of the Russian invasion of Ukraine. 

    Scottish Greens co-leader Patrick Harvie MSP wrote to UEFA President Aleksander Čeferin earlier this month, urging the football body to ban Belarus from all competitions.

    Mr Harvie said:

    “UEFA rightly banned Russia for their criminal domestic and international record, and they must follow suit with those countries who enable war and have a shocking history of human rights violations, like Belarus does. 

    “The continued participation of Belarusian sports teams in UEFA competitions flies in the face of the organisation’s own supposed values, particularly its RESPECT campaign, which promotes fairness, dignity and human rights in football.

    “Football is a globally uniting sport. UEFA’s platform holds a massive reach, and that can be used as a force for good to show that human rights and peace is the way forward. By allowing Belarus to continue competing, even behind closed doors, it sends the wrong message to the world. They must become a sporting pariah like Russia has become. 

    “Scotland fans may be disappointed in skipping the game, but morally it is the right thing to do.”

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Delegation of overseas government officials visits Hong Kong to foster exchanges (with photos)

    Source: Hong Kong Government special administrative region

    Delegation of overseas government officials visits Hong Kong to foster exchanges  
         The visit was arranged by the Ministry of Foreign Affairs, which invited government officials from 10 countries across Africa and Asia. The aim was to enhance exchanges and co-operation between Hong Kong and countries around the world, as well as expand the “circle of friends” of Hong Kong.
     
         The 10 countries concerned are Cambodia, Indonesia, Laos, Mauritania, Morocco, Nepal, Pakistan, Qatar, Sri Lanka and Tunisia.
     
         During their stay in Hong Kong, the delegation met with the Acting Financial Secretary, Mr Michael Wong; the Deputy Chief Secretary for Administration, Mr Cheuk Wing-hing; and the Deputy Secretary for Justice, Dr Cheung Kwok-kwan, to exchange views and 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 also learned 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 with the Secretary for Financial Services and the Treasury, Mr Christopher Hui; the Under Secretary for Commerce and Economic Development, Dr Bernard Chan; and the Under Secretary for Innovation, Technology and Industry, Ms Lillian Cheong, as well as representatives of a number of relevant institutions. The delegation also visited the Hong Kong Science Park and West Kowloon Cultural District to learn about the city’s latest developments and opportunities in finance, trade, innovation and technology, and arts and culture.
     
         The delegation departed for Shenzhen after their visit to Hong Kong to learn more about the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area.
    Issued at HKT 20:29

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: The One Big Beautiful Bill Is Good for All 50 States

    US Senate News:

    Source: US Whitehouse
    President Donald J. Trump’s One Big Beautiful Bill will be an economic windfall for working and middle-class Americans, delivering the largest tax cut in history, higher wages, higher take-home pay, and much more — coupled with generational spending cuts and deficit reduction that will position the U.S. for real prosperity. Its massive benefits will be felt by Americans in all 50 states, according to a new state-by-state analysis from the Council of Economic Advisers:
    State
    Long-run wage increase(Inflation-adjusted)
    Take-home pay increase(Typical family with two kids)
    Alabama
    $4,800 to $9,100
    $6,500 to $10,800
    Alaska
    $6,400 to $12,200
    $8,100 to $13,900
    Arizona
    $5,800 to $11,100
    $7,500 to $12,800
    Arkansas
    $4,500 to $8,600
    $6,200 to $10,300
    California
    $7,500 to $14,300
    $9,200 to $16,000
    Colorado
    $7,000 to $13,300
    $8,700 to $15,000
    Connecticut
    $7,300 to $14,000
    $7,300 to $14,000
    Delaware
    $6,100 to $11,700
    $7,800 to $13,400
    Florida
    $5,800 to $11,000
    $7500 to $12,700
    Georgia
    $5,800 to $11,000
    $7,500 to $12,700
    Hawaii
    $7,000 to $13,300
    $8,700 to $15,000
    Idaho
    $5,500 to $10,500
    $7,200 to $12,200
    Illinois
    $6,200 to $11,800
    $7,900 to $13,500
    Indiana
    $5,100 to $9,800
    $6,800 to $11,500
    Iowa
    $5,200 to $10,000
    $6,900 to $11,700
    Kansas
    $5,200 to $10,000
    $6,900 to $11,700
    Kentucky
    $4,700 to $8,900
    $6,400 to $10,600
    Louisiana
    $4,700 to $8,900
    $6,400 to $10,600
    Maine
    $5,400 to $10,300
    $7,100 to $12,000
    Maryland
    $7,200 to $13,800
    $8,900 to $15,500
    Massachusetts
    $7,700 to $14,800
    $9,400 to $16,500
    Michigan
    $5,200 to $10,000
    $6,900 to $11,700
    Minnesota
    $6,300 to $12,100
    $8,000 to $13,800
    Mississippi
    $4,300 to $8,100
    $6,000 to $9,800
    Missouri
    $5,200 to $9,900
    $6,900 to $11,600
    Montana
    $5,300 to $10,000
    $7,000 to $11,700
    Nebraska
    $5,700 to $10,800
    $7,400 to $12,500
    Nevada
    $5,800 to $11,000
    $7,500 to $12,700
    New Hampshire
    $7,000 to $13,300
    $8,700 to $15,000
    New Jersey
    $7,700 to $14,700
    $9,400 to $16,400
    New Mexico
    $4,800 to $9,100
    $6,500 to $10,800
    New York
    $6,800 to $13,000
    $8,500 to $14,700
    North Carolina
    $5,500 to $10,500
    $7,200 to $12,200
    North Dakota
    $5,500 to $10,500
    $7,200 to $12,200
    Ohio
    $5,200 to $10,000
    $6,900 to $11,700
    Oklahoma
    $4,800 to $9,100
    $6,500 to $10,800
    Oregon
    $6,000 to $11,400
    $7,700 to $13,100
    Pennsylvania
    $5,700 to $10,900
    $7,400 to $12,600
    Rhode Island
    $6,300 to $12,000
    $8,000 to $13,700
    South Carolina
    $5,200 to $9,900
    $6,900 to $11,600
    South Dakota
    $5,400 to $10,300
    $7,100 to $12,000
    Tennessee
    $5,300 to $10,000
    $7,000 to $11,700
    Texas
    $6,000 to $11,300
    $7,700 to $13,000
    Utah
    $6,600 to $12,500
    $8,300 to $14,200
    Vermont
    $5,900 to $11,300
    $7,600 to $13,000
    Virginia
    $6,900 to $13,100
    $8,600 to $14,800
    Washington
    $7,200 to $13,800
    $8,900 to $15,500
    West Virginia
    $4,300 to $8,200
    $6,000 to $9,900
    Wisconsin
    $5,500 to $10,400
    $7,200 to $12,000
    Wyoming
    $5,200 to $9,900
    $6,900 to $11,600
    Methodological notes:
    The Council of Economic Advisers (CEA) calculates how investment, GDP, and wages increase in response to lower effective tax rates (lower statutory rates, bigger deduction for pass-through businesses, and full expensing that businesses will enjoy on new equipment, R&D, and factories) using standard academic methods that were successful in accurately forecasting the effects of the 2017 Tax Cuts and Jobs Act (TCJA).
    Take-home pay — defined as after-tax earnings — increases because wages rise and less money is taken out of workers’ paychecks.
    The CEA also looks at the further boost to GDP from the stronger incentive to work (lower taxes boost labor supply) and the greater spending power that Americans will have.
    More about the methodology can be found here.

    MIL OSI USA News –

  • MIL-OSI Africa: Tosyalı has Become Türkiye’s Largest and Europe’s Third-Largest Steel Producer

    Türkiye’s global steel producer Tosyalı (www.TosyaliHolding.com.tr) continues its global growth with nearly 50 facilities across 3 continents, a liquid steel production capacity of 15 million tons, and approximately 15,000 employees.

    Drawing attention with its investments in high value-added qualified steel production by determining sustainability as the main agenda, Tosyalı is rapidly climbing the steps in world steel production with its production complexes in different geographies of the world, green steel products produced with advanced technology, R&D and innovation, strong equity and highly competent employees.

    Amid the challenging global conditions in 2024, a difficult year for steel producers worldwide, Tosyalı achieved a rapid rise in the global rankings, adding yet another success to its record. According to data released by the World Steel Association, Tosyalı produced 9.12 million tons of liquid steel in 2024 and climbed 21 places compared to the previous year, reaching 46th position in the world rankings. With a 54.3% increase in production, Tosyalı has become one of the world’s top 3 fastest-growing steel producers. Today, Tosyalı has reached the position of Türkiye’s largest steel producer while also strengthening its strong position in the global arena as Europe’s third-largest steel producer. Additionally, the company entered the world’s top 50 steel producers, crossing a significant milestone for the industry.

    Tosyalı Holding Chairman of the Board Fuat Tosyalı: “Our goal is to become one of the world’s top 20 steel producers”

    Stating that Tosyalı‘s global success is based on well-planned strategic investments and qualified steel production, Fuat Tosyalı, Chairman of the Board of Tosyalı Holding, said: “As Tosyalı, we have identified sustainability, efficiency and economies of scale as three important priorities. With this strategy, we continue to grow in a healthy and stable manner with eco-efficiency-oriented investments in Türkiye and in different geographies around the world. We completed Tosyalı Demir Çelik İskenderun Plant, the largest industrial investment of our country in recent years, despite the major earthquake disaster and started the first production in 2023. This plant eliminated Türkiye’s 4 million tons of flat steel imports and started to make a significant contribution to value-added steel exports. We are taking firm steps towards becoming one of the most important and strategic integrated iron and steel production centers not only in the Mediterranean basin and Africa, but also in the world with our fourth phase investments in our five-phase Tosyalı Algérie production complex, which is one of the driving forces of our success as a global steel company to date. We have also initiated investments in Libya as a strategic step in Africa. With our investments in Türkiye, Algeria, Spain and Libya, we are strengthening our position as a global steel producer day by day.

    As Tosyalı, our total investment amount in the last 5 years is over 6 billion USD and the majority of these are sustainability-oriented investments. Our investments in R&D, advanced technology, circular production, and clean energy sources such as solar and hydrogen continue without interruption. At the same time, we are focusing on efficiency, which is also one of the main issues of sustainability, and we tend to produce more by consuming fewer resources. We continue to achieve sustainable growth thanks to our completely independent, yet dynamic and efficient structure that analyzes everything from the mine to the final product within the Tosyalı ecosystem. Thus, we continue our rapid yet steady rise in the world rankings. Between 2020 and 2024, we increased our global crude steel production by 110%. Due to this progress, we have entered the world’s top 50 companies, becoming Türkiye’s largest and Europe’s third-largest steel producer. Among the top 50 companies, we are the only one to continuously rise in the global rankings every year. Our steady and sustainable growth continues, and with our production figures, we have taken a very strong step toward moving up to the next league on a global scale. In the next 4–5 years, as our ongoing investments begin production, we will move forward with confidence toward our goal of becoming one of the world’s top 20 steel companies.”

    Distributed by APO Group on behalf of Tosyali Holding.

    Contact:
    Serap Öztürk
    sozturk@medyaevi.com.tr

    MIL OSI Africa –

  • MIL-OSI Africa: C&I Energy + Storage Summit Zambia 2025 launches in Lusaka – C&I Energy + Storage Summit is a project of VUKA Group

    The C&I Energy + Storage Summit Zambia (https://apo-opa.co/4n3jClL), a landmark event for the Southern African Development Community (SADC) region, is set to launch on 27-28 August 2025 in Lusaka. Hosted in Zambia’s capital, this summit introduces a dynamic platform to tackle energy challenges and deliver sustainable solutions for commercial and industrial (C&I) sectors. 

    About the Summit

    The C&I Energy + Storage Summit Zambia unites industry leaders, project owners, innovators, and financiers to advance energy security and sustainability. Following the success of the 2024 South Africa summit, this event connects pre-qualified C&I project owners with cutting-edge energy and storage providers, fostering actionable insights, peer collaboration, and strategic partnerships. As part of the Power and Energy Portfolio of VUKA Group, a leading organiser of transformative industry events across Africa, this summit will drive the SADC region’s energy future. 

    “Zambia is at a turning point in its energy journey,” says Chanelle Hingston, Portfolio Director of VUKA Group’s Power and Energy Portfolio. “With growing demand, policy reform, and a clear appetite for private generation, there’s never been a more important time to connect buyers and solution providers. Launching the C&I Energy + Storage Summit here is about unlocking real opportunities—where energy independence meets economic resilience.”

    Why attend?

    This summit is essential for businesses facing unreliable utility power and pursuing energy independence. Through masterclasses, case studies, and networking, participants will explore alternative energy and storage technologies to secure reliable energy, learn from early adopters about successful project execution, gain insights into regulatory frameworks and policy advocacy, mitigate financial and technical risks with expert advice, and build partnerships to accelerate project development.  

    This event is critical for Zambia’s C&I sectors, which depend on effective energy solutions. Key industries include retail, powering stores and supply chains consistently; manufacturing, ensuring stable energy for production; agriculture and agri-processing, supporting irrigation and processing; property development, enabling sustainable buildings; and energy-intensive users, stabilising operations for mining and industry. 

    Download the programme (https://apo-opa.co/4n3jClL)

    Programme highlights 

    The two-day programme features dynamic sessions and masterclasses:

    Day 1 (27 August 2025): The day kicks off with a keynote, moderated by Dr Johnstone Chikwanda, featuring a project briefing on energy strategies, followed by case studies where early adopters like Dangote Cement Zambia and Shoprite Zambia share embedded generation successes. This is followed by a panel discussion on derisking business continuity, featuring Helen Zulu, Zambia Country Director, ENGIE Energy  Access, and Chabuka Kawesha, Vice President (South Block), Pan African Chamber of Commerce and Industry.

    Day 2 (28 August 2025): The day begins with a plenary and a keynote by the Pan African Chamber of Commerce and Industry, and a session on open-access electricity policy, outlining its economic impact and challenges.  

    Masterclasses cover grid capacity and flexibility in an open-access era; navigating clean energy technologies, solar PV, and storage implementation; safety and sustainable asset management for solar PV projects; and analysis of Zambia’s renewable energy tariff regime and cost insights, featuring Billy Onyango, County Operations & Maintenance Engineer, Kenya Power. 

    Closing remarks explore the future of storage for hydro-dependent nations, addressing battery storage, climate impacts, and investment frameworks. 

    Join us 

    Seize this opportunity to elevate your energy strategy, engage with top providers, and shape the future of Zambia and the SADC region. Whether a sponsor, delegate, hosted buyer, or investor, the C&I Energy + Storage Summit Zambia offers unmatched value. For more information visit https://apo-opa.co/4n3jClL

    Distributed by APO Group on behalf of Vuka Group.

    For sponsorship or hosted buyer enquiries, contact:
    Marcel du Toit
    marcel.dutoit@wearevka.com

    For speaking opportunities, contact:
    Babalwa Bungane 
    Babalwa.bungane@wearevuka.com 

    About VUKA Group:
    As part of the Power and Energy Portfolio of VUKA Group (https://apo-opa.co/4jUGq4g), this summit aligns with VUKA’s mission to connect industries, spark innovation, and fuel economic growth. VUKA Group is a premier organiser of conferences, exhibitions, and events across Africa, delivering tailored platforms for networking, knowledge sharing, and business development in energy and related sectors. 

    MIL OSI Africa –

  • MIL-OSI Africa: SA views G7 as strategic partner in several areas 

    Source: South Africa News Agency

    South Africa views the Group of Seven (G7) as a strategic partner in its efforts to drive climate resilience, promote a just energy transition, and secure value-added investment in its rich mineral resources.

    This is according to President Cyril Ramaphosa who was speaking following the conclusion of his working visit to Canada where he participated in the G7 Summit Outreach Session. The session took place on the margins of the G7 Leaders’ Summit, held in Kananaskis, Alberta.

    “South Africa views the G7 as a strategic partner. We seek greater cooperation in areas such as investment, financing for development, international crime, climate change and just transitions, as well as inclusive global growth and development,” the President said on Tuesday.

    READ | President in Canada for G7 Leaders’ Summit

    The G7 consists of the largest advanced economies namely: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. 

    The European Union also participates in G7 Summits, although it is not a member.  

    The Outreach Session aimed “to explore leadership and collaboration in driving a comprehensive approach to energy security with a focus on technology and innovation; diversification and strengthening critical mineral supply chains; and infrastructure and investment”.

    The outreach theme resonated with South Africa’s national interests and priorities of South Africa’s G20 Presidency.  

    The Outreach Sessions of the G7 have been a feature of the Group over the years with the aim being to strengthen unity among G7 members and like-minded countries to deliberate on and address some of the world’s most pressing issues. 

    President Ramaphosa described the summit as “most meaningful” particularly in the context of South Africa’s role as the G20 President.

    “We’ve just concluded our visit to Canada to attend the G7 Summit. It has been most meaningful for us, particularly as we are the President of the G20. We’ve had the opportunity to interact with a number of heads of state and government of various countries,” he said.

    Climate change 

    President Ramaphosa placed climate change and its devastating effects at the centre of South Africa’s message to the G7 leaders, highlighting the destruction brought by floods in KwaZulu-Natal and the Eastern Cape, as well as the ongoing droughts in parts of the Western Cape. 

    “We put that firmly on the global agenda, that there should be sufficient funding for incidents such as those, as they happen on a repeated basis, particularly in our sub region – in [the] SADC [Southern African Development Community], but more importantly, in two of our provinces, KwaZulu Natal and the Eastern Cape [which] over the past few years have suffered repeated incidents of destruction from floods and also droughts in parts of the Western Cape,” the President explained.

    Beneficiation 

    On the economic front, President Ramaphosa also pushed for a shift in the global approach to Africa’s critical minerals, emphasising the need for beneficiation and inclusive value chains.

    “We discussed the importance of how our critical minerals should be treated, particularly in view of the fact that they play such an important role in energy security and that the extraction of minerals from African countries and our own country, particularly, should be made more to be not only extractive, but also to have value add, where beneficiation becomes the order of the day,” he said. 

    He said investors must be made aware upfront that South Africa seeks to move beyond raw exports to value-added production, in line with its long-held vision of selling finished goods rather than raw materials.

    “Those who want to invest in our minerals, should know up front that we are not only looking forward to them extracting minerals, but also to value chain additions or advancements in the form of beneficiation, so that in the end, we live up to what we’ve been saying, that we want to sell value added products to the rest of the world,” the President stressed.

    Bilateral meetings

    The first citizen also held bilateral meetings with several leaders on the sidelines of the summit, which he described as “most beneficial” for South Africa’s diplomatic and economic engagements.

    He held bilateral meetings with Heads of State and Government from Canada, France, Germany and the Republic of Korea. The meetings centered on fostering greater cooperation on issues of mutual interest. 

    President Ramaphosa welcomed the strengthening of cooperation between South Africa and Canada as it relates to the G20 and the G7. 

    “Canada’s Africa strategy is comprehensive and there is potential for cooperation in areas where there is alignment with the African Agenda.”

    Several engagements have taken place between South Africa and Canada at various levels, including at Sherpa and Ministerial levels. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: Cricket world champions arrive home

    Source: South Africa News Agency

    Hundreds of South Africans braved the cold on Wednesday to welcome the national men’s cricket team back on home soil, following their historic victory in the 2025 International Cricket Council’s Test Championship (ICC).

    The Proteas won against the then champions Australia, in a thrilling final at Lord’s in England with a five-wicket win on Saturday.
    This marked South Africa’s first-ever appearance in a World Test Championship Final, and their triumphant performance signalled a landmark achievement for the nation’s cricketing history. 

    This as Australia, currently ranked number one in the ICC Men’s Test Team Rankings, entered the final as favourites and defending champions. 

    The Proteas, ranked second, rose to the occasion and delivered a memorable performance, cementing their status as one of the world’s elite test sides.

    READ | President Ramaphosa hails Proteas historic ICC test championship victory

    The cricket team received an electrifying welcome with jubilation, song and dance from supporters, who arrived at OR Tambo International Airport, early on Wednesday morning.

    The Minister of Sport, Arts and Culture, Gayton McKenzie, said the team’s win gives the nation hope.

    “People should see themselves when they watch our national teams and that is what we are doing in cricket. They are following in the footsteps of rugby. We are a socially cohesive country. We are a rainbow nation and you can see this.

    “We are the best sporting nation in the world. We have the strongest women and men in the world. We have the fastest runners, the best soccer players, [and]we have the best rugby players and cricket team,” the Minister said.

    The Proteas men’s head coach Shukri Conrad expressed his joy at the welcome the team received at the airport.

    “I am absolutely ecstatic to see people come out in their hundreds. It makes this win even more special. We won a few days ago but it hasn’t sunk in. To get a reception like this… it starts to sink in. The guys have been great but the fans have been better,” Conrad said.

    The Minister, together with the cricket team, will brief the nation this afternoon on their success. –SAnews.gov.za
     

    MIL OSI Africa –

  • MIL-OSI Africa: Police Minister condemns threats against at Gift of the Givers staff

    Source: South Africa News Agency

    Police Minister Senzo Mchunu has strongly condemned the threats and intimidation directed at humanitarian organisation, Gift of the Givers, while they were delivering lifesaving assistance to flood-affected communities in Mthatha, Eastern Cape.

    It is alleged that members of a so-called “water mafia”, linked to service providers contracted by the OR Tambo District Municipality, threatened Gift of the Givers staff as they distributed clean drinking water to residents impacted by the recent floods. 

    Mchunu was in Mthatha this past weekend to engage with and thank members of the South African Police Service (SAPS) for their efforts during the floods, which have claimed 90 lives to date and displaced hundreds more. The Minister also addressed some of the affected families. 

    “The police will not tolerate any attempt to intimidate or obstruct those who are working tirelessly to save lives and bring relief to our people. Gift of the Givers has consistently been a source of hope and dignity to South Africans in their hour of need.

    “Any attack on them is an attack on the very principle of ubuntu. No individual or group will be allowed to profiteer off disaster or compromise the safety and well-being of our people. Law enforcement will act decisively. 

    “The SAPS will ensure the safety of all humanitarian workers in the area, and hold those responsible fully accountable under the law. 

    “We have also been made aware of individuals who go to the homes of those who lost their lives due to these floods, with a view to commit acts of theft from these homes. Police have been deployed to ensure the safety of the property of the deceased,” Mchunu said. 

    The provincial government said plans are underway to hold a Provincial Day of Mourning on Thursday, 19 June 2025, in Decoligny Village, Mthatha.

    Residents have been urged to report persons who went missing in the areas that were affected by the floods to law enforcement. 

    President Cyril Ramaphosa visited the area last Friday to offer support and assess the damage. He was accompanied by government officials, key Ministers, the Premier, and local government representatives.

    President Ramaphosa has expressed sadness over the loss of life during floods. The President offered his condolences to those who have lost loved ones. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: Government’s Spaza Shop campaign goes to Sedibeng

    Source: South Africa News Agency

    The Sedibeng District Municipality in Gauteng will be the next stop in the national campaign to create awareness about the Spaza Shop Support Fund.

    This as an interactive session is set to take place at the City Hall, in the Vereeniging Central Business District, on Friday.

    This leg of the campaign will offer spaza shop owners and township-based convenience store operators critical information on how to apply for both financial and non-financial support under the R500-million fund that was launched by Trade, Industry and Competition Minister Parks Tau and Small Business Development Minister Stella Ndabeni in April.

    READ | Government launches R500 million Spaza Shop Support Fund 

    The fund is aimed at increasing the participation of South African owned spaza shops in the townships and rural areas retail trade sector.

    The national campaign, spearheaded by the Department of Trade, Industry and Competition (the dtic) and the Department of Small Business Development (DSBD), follows successful engagements held in KwaZulu-Natal, Northern Cape, North West, Mpumalanga and Limpopo. 

    At these events, township-based entrepreneurs gathered in large numbers to learn how they can access support from the fund.
    The initiative is implemented in partnership with the Small Enterprise Development and Finance Agency (SEDFA) and the National Empowerment Fund (NEF) which are agencies of the DSBD and the dtic, respectively. These entities are responsible for administering the fund.

    The campaign aims to bolster the township economy by supporting South African-owned spaza shops and other township convenience stores through:
    •    Access to affordable stock via delivery channel partners,                                                                                                                   
    •    Infrastructure upgrades including shelving, refrigeration and security, Point of Sale devices,
    •    Training programmes covering business skills, digital literacy, compliance, credit health and food safety, and partnerships with local manufacturers, black industrialists and wholesalers to improve supply chain inclusion.

    “These efforts are geared toward increasing the competitiveness of township businesses and ensuring they play a significant role in the broader retail sector. 

    “The campaign also promotes bulk buying and the use of locally produced goods, helping spaza shops lower operating costs while improving access to quality products,” the dtic and the DSBD said in a joint statement on Wednesday.

    Friday’s session is expected to get underway at 9am. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: eThekwini intensifies water management measures

    Source: South Africa News Agency

    The eThekwini Municipality’s Water and Sanitation Unit will intensify measures to enhance water management through various key initiatives, including the installation of strategic Pressure Reducing Valves (PRVs) in key network zones of the city.

    This came during an Executive Committee (EXCO) meeting held on Tuesday, where several resolutions were adopted to accelerate implementation and respond to current challenges facing the municipality.

    During the meeting, the municipal leadership approved measures aimed to accelerate implementation and address current water service delivery challenges facing the municipality.

    During the meeting, management from the Water and Sanitation Unit presented an action plan aligned with the city’s Water Turnaround Strategy, which aims to reduce non-revenue water until it reaches acceptable standards.

    The municipality said the installation of PRVs is a critical component in managing water pressure effectively and reduce incidents of bursts and leaks, which result in excessive water losses.

    “Other initiatives in the action plan include maintenance of PRVs, installation of water restrictors, rehabilitation and refurbishment of district metered areas, performance-based contracts for leak detection and repairs, and installation of data loggers and trunk main pressure sensors,” the municipality reported after the meeting.

    These initiatives are currently at the procurement process.

    Strategic partnership with academic institutions renewed

    The EXCO meeting also approved the renewal of a three-year Memorandum of Agreement (MoA) with leading academic institutions, aimed at pursuing a common developmental research agenda to support policy development and improved service delivery.

    The new MoA, effective from 1 July 2025 to 30 June 2028, includes partnerships with the University of KwaZulu-Natal (UKZN), Mangosuthu University of Technology (MUT), Stellenbosch University (SU), and the University of South Africa (UNISA).

    Supporting the agreement, Chairperson of the Governance and Human Capital Committee, Nkosenhle Madlala, said the agreement will position eThekwini as a responsive and learning-oriented city.

    “It is through such partnerships that we will be able to co-create solutions to our most complex developmental challenges, while ensuring that our policies are grounded in rigorous research and real-world insight,” Madlala said.

    Parties are to contribute funding jointly to facilitate priority research deemed strategic and collaborative. The co-funding model will form basis of shared responsibility using the ratio 1:1.

    The municipality’s financial contribution will be as follows:
    •    2025/26 financial year: R500 000.
    •    2026/27 financial year: R1 000 000.
    •    2027/28 financial year: R 1 500 000.

    Two committees will be established to achieve effectiveness under this partnership, including the Research and Operations Committee, and the Steering Committee. – SAnews.gov.za
     

    MIL OSI Africa –

  • MIL-OSI Europe: In first official trip to Central Asia, OSCE High Commissioner on National Minorities Christophe Kamp visits Tajikistan and Kyrgyzstan

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: In first official trip to Central Asia, OSCE High Commissioner on National Minorities Christophe Kamp visits Tajikistan and Kyrgyzstan

    In first official trip to Central Asia, OSCE High Commissioner on National Minorities Christophe Kamp visits Tajikistan and Kyrgyzstan | OSCE

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    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Joint UK-Cayman Islands Statement

    Source: United Kingdom – Executive Government & Departments

    Press release

    Joint UK-Cayman Islands Statement

    Joint statement from Minister of State for the Overseas Territories Stephen Doughty and Cayman Islands Premier André Ebanks, following a meeting in London on 17 June 2025

    Minister of State for the Overseas Territories Stephen Doughty and Cayman Islands Premier André Ebanks met in London yesterday to discuss key areas of partnership and UK support for the Cayman Islands Government’s priorities following their recent elections.

    The wide-ranging discussion covered areas of mutual collaboration, including the environment, security, financial services and sanctions. Minister Doughty welcomed the Cayman Islands’ commitment to preserving its pristine marine environment and thanked Premier Ebanks for Cayman’s support to other Overseas Territories in times of need, most recently in Anguilla. Recognising the importance of UK funded programmes, including the Darwin Initiative, the UK and Cayman Islands governments will continue their partnership on environmental protection, including their work together in the Blue Belt Programme.

    Premier Ebanks and Minister Doughty also re-affirmed their shared desire to tackling illicit finance and sanctions evasion. Minister Doughty recognised that the Cayman Islands are a world leader in high quality, modern and resilient financial services. Minister Doughty praised the Cayman Islands’ leading regional role in implementing UK sanctions, including freezing over $9 billion of Russia-linked assets.

    Minister Doughty welcomed the important steps taken by the Cayman Islands to promote greater corporate transparency, including launching a register of beneficial ownership information in February 2025 accessible to those with legitimate interest such as accredited journalists, academic researchers, and members of certain civil society organisations. Minister Doughty also welcomed Premier Ebanks’ commitment to make further enhancements to their beneficial ownership register – on a legitimate interest basis – with more streamlined processes for multiple search requests, including on fees. They agreed to continue work to enhance greater cooperation through reciprocal information sharing by competent authorities (including law enforcement). We will review these changes together in the coming weeks, in line with the parameters for registers of beneficial ownership agreed between Overseas Territory leaders and the UK Government at the Joint Ministerial Council in November 2024.

    Premier Ebanks and Minister Doughty confirmed their desire to further deepen the modern UK-Cayman Islands partnership and looked forward to Minister Doughty’s upcoming visit to the Cayman Islands in September 2025. Minister Doughty reiterated the firm commitment of his government to the sovereignty, security and defence of the Overseas Territories.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 18 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Lord Chancellor speech at the Council of Europe

    Source: United Kingdom – Executive Government & Departments

    Speech

    Lord Chancellor speech at the Council of Europe

    The Rt Hon Shabana Mahmood MP spoke about evolving the European Convention on Human Rights to restore public confidence in the rule of law.

    It is a privilege to be here in Strasbourg – the living symbol of Europe’s post-war promise: that freedom, dignity and the rule of law would never again be aspirations, but guarantees.  

    It was here we took our first steps together, to create from the ashes of war a Europe bound not only by treaties and peace, but by shared principles.

    The United Kingdom is proud of the role it has played in keeping that promise.

    We helped found this council. We helped draft the Convention. And I can confirm that we remain firmly committed to both.

    But commitment is not the same as complacency.

    And across the continent, trust is being tested. Rules are increasingly being broken and undermined.

    And the values of democracy, human rights and the rule of law – once widely assumed – now face distortion, doubt, even hostility.

    In this context, the recent letter from nine European leaders demonstrates a desire for open conversation about the future of the Convention.

    And I welcome that dialogue.

    But as the Secretary General has said, that discussion needs to happen amongst us as member States.

    He went on to say that we must ensure that the Convention holds liberty and security, and justice and responsibility, in balance.

    I agree and I want to reflect today on what that means.

    Because our Convention was never meant to be frozen in time.

    It has been amended, extended and interpreted over decades – responding to new threats, new rights, and new realities.

    And we must consider doing so again. That is why the UK is not only open to this conversation, we are already actively pursuing it in how we implement the convention domestically – not to weaken rights, but to update and strengthen them.

    This is not a retreat from principle. It is the very essence of the rule of law.

    In these increasingly turbulent times, that phrase is often repeated, sometimes diluted.

    But the rule of law is not a vague ideal.

    It means simply that laws are clear and apply to all; that power is exercised within limits; and that everyone – government included – is bound by the rules.

    That principle runs through the United Kingdom’s legal tradition.

    It’s why my parents chose to make their lives there – because they believed in a country where institutions were independent, where power was accountable, and where justice didn’t depend on who you were, but on what was right.

    And it is not only our tradition.

    Every nation in this Council shares the practice of using written rules to underpin our democratic societies – we pay our taxes, respect others’ property and uphold due process.

    These rules bind not just people within a state, but the behaviour of states towards one another – as was made clear at the Luxembourg Ministerial.

    I commend strongly the speed with which the Council expelled Russia following its full-scale invasion of Ukraine, and the extensive work to set up the Register of Damage and towards creating a Special Tribunal for the Crime of Aggression.

    These are not symbolic acts. They are proud declarations that the rule of law still matters.

    To support this, I can today announce our contribution of €100,000 to the Council of Europe Ukraine Action Plan.

    This will support Council of Europe activities that are strengthening democratic governance and the rule of law in Ukraine.

    When I came in this morning, the Ukrainian and Council of Europe flags were at half-mast, and it is a sobering reminder of the daily horrors that the Ukrainian people are suffering.

    But the successes of our Convention cannot be taken for granted. Because when rules are broken with impunity, trust collapses – not just in states, but in the idea of democracy itself.

    And across Europe, public confidence in the rule of law is fraying.

    There is a growing perception – sometimes mistaken, sometimes grounded in reality – that human rights are no longer a shield for the vulnerable, but a tool for criminals to avoid responsibility.

    That the law too often protects those who break the rules, rather than those who follow them.

    This tension is not new. The Convention was written to protect individuals from the arbitrary power of the state.

    But in today’s world, the threats to justice and liberty are more complex.

    They can come from technology, transnational crime, uncontrolled migration, or legal systems that drift away from public consent.

    Again, I commend the good work that is going on.

    We must work together with the Secretary General to ensure that the Democratic Pact helps meet these challenges and builds on existing work such as the Reykjavik Principles on Democracy, the Venice Commission, and GRECO.

    But when the application of rights begins to feel out of step with common sense – when it conflicts with fairness or disrupts legitimate government action – trust begins to erode.

    We have seen this in the UK in two particularly sensitive areas: immigration and criminal justice.

    If a foreign national commits a serious crime, they should expect to be removed from the country.

    But we see cases where individuals invoke the right to family life – even after neglecting or harming those very family ties.

    Or take prison discipline. Being in custody is a punishment. It means some privileges are lost.

    But dangerous prisoners have been invoking Article 8 to try to block prison staff from putting them in separation centres to manage the risk they pose.

    It is not right that dangerous prisoners’ rights are given priority over others’ safety and security.

    That is not what the Convention was ever intended to protect.

    To be clear, this is not a critique of the Court of Human Rights.

    It was my pleasure yesterday to meet the new President of the Court, and he and his colleagues have my full support in their role of interpreting and applying the Convention.

    But when legal outcomes feel disconnected from public reasonableness, it is our job to respond.

    Because when people come to believe that rights only exist to protect the rule-breaker – not the rule-follower – those who would undermine the entire idea of universal human rights – the populists – will seize the space we leave behind.

    So, what should we do?

    We cannot leave these questions to the courts alone.

    If judges are being asked to solve political problems that parliaments avoid, we weaken both institutions. 

    That is why reform must be a shared political endeavour amongst us as member States – to preserve our Convention by renewing its moral and democratic foundation.

    None of us can walk away from that discussion.

    In the UK, we are restoring the balance we pledged at the birth of our Convention: liberty with responsibility, individual rights with the public interest. 

    There must be consequences for breaking the rules.

    Which is why we are clarifying how Convention rights – particularly Article 8 – operate in relation to our immigration rules. The right to family life is fundamental. But it has too often been used in ways that frustrate deportation, even where there are serious concerns about credibility, fairness, and risk to the public.

    We’re bringing clarity back to the distinction between what the law protects and what policy permits.

    Prisoners claiming a right to socialise – under Article 8 – is not just a legal stretch. It damages the public perception of human rights altogether. 

    These are the reforms we are pursuing at home. The question for all of us now is whether the Convention system, as it stands, has the tools to resolve these tensions in a way that keeps the public with us. 

    As I have said, our Convention has evolved before, through new protocols, new rights, and new interpretations. Always to reflect changing times, while staying true to its purpose.

    The rule of law and human rights are part of one system of thought. 

    But when rights feel remote from fairness, or we appear to protect the rule-breaker over the rule-follower, trust disintegrates – and with it, the foundations of democracy. 

    That is why this dialogue matters. Because the Convention matters so much.

    We can preserve rights by restoring public confidence in them rather than give ground to populism.

    The European Convention on Human Rights is one of the great achievements of post-war politics.

    It has endured because it has evolved.

    Now, it must do so again – as the Secretary General said, so it is strong and relevant

    And as it is our convention, it is our responsibility. It will not always be easy. But this is a conversation we need to have.

    I look forward to that conversation, today and in the months to come.

    Updates to this page

    Published 18 June 2025

    MIL OSI United Kingdom –