Category: Americas

  • MIL-OSI USA: Making Electronic Devices Faster, More Powerful, and Better at Staying Cool

    Source: US State of Connecticut

    When electronic devices overheat, they can slow down, malfunction, or stop working altogether. This heat is mainly caused by energy lost as electrons move through a material—similar to friction in a moving machine.

    Most devices today use silicon (Si) as their semiconductor material. However, engineers are increasingly turning to alternatives like gallium nitride (GaN) for longer lifetime use and higher performance. This includes products such as LEDs, compact laptop chargers, and 5G phone networks. For even more extreme applications—such as high-voltage systems or harsh environments—researchers are exploring ultrawide bandgap (UWBG) materials like gallium oxide (Ga2O3), aluminum gallium nitride (AlGaN), and even diamond.

    Pictured in center, Georges Pavlidis, assistant professor of mechanical engineering, and School of Mechanical, Aerospace, and Manufacturing Engineering Ph.D. candidates Francis Vásquez, at left, and Dominic Myren, are co-authors of a “Perspectives” paper published in Applied Physics Letters. Together, they’re exploring thermal management strategies in ultra side bandgap semiconductor devices. (Sarah Richmond/UConn Photo)

    The key difference between these materials lies in their electronic bandgap—the energy needed to get electrons to flow through the material. Wider bandgaps allow companies to reduce the size of their electronics and make them more electrically efficient.

    “UWBG materials can resist up to 8,000 volts and can operate at temperatures over 200 °C (392°F), making them promising for the next generation of electronics in the energy, health, and communication sectors,” explains Georges Pavlidis, assistant professor of mechanical engineering.

    While these materials offer promising advantages, they also come with challenges. They’re currently expensive, difficult to manufacture, and their thermal behavior is hard to measure precisely. As electronics become more powerful and in smaller dimensions, the heating in the device becomes more localized and can generate a heat flux greater than the sun, Pavlidis explains.

    “Chip manufacturers need new methods to measure temperature in smaller dimensions,” he says.

    Pavlidis, along with UConn’s School of Mechanical, Aerospace, and Manufacturing Engineering Ph.D. candidates Dominic Myren and Francis Vásquez, collaborated with colleagues from the U.S. Naval Research Laboratory over the past year to tackle the challenge of measuring the heat output. Their work resulted in a “Perspectives” paper published in Applied Physics Letters.

    “A ‘Perspectives’ paper is intended to be an outline of what’s coming soon, get people excited about what’s coming, and encourage other researchers to start looking into similar topics,” says Myren, a National Defense Science and Engineering Graduate Fellow who has seven years of industrial R&D experience in fuel systems, internal combustion, and engine controls and holds patents related to electromagnetic actuators and engine controls.The push right now is for the development of thermal management strategies in wide and ultra-wide bandgap semiconductor devices. We have a lot of open questions, and we’re working hard on them over in Dr. Pavlidis’ lab, but the cross pollination of ideas is how academic circles thrive.”

    Titled “Emerging Thermal Metrology for Ultrawide Bandgap Semiconductor Devices,” the co-authors discuss the pros and cons of using UWBG material for semiconductors, and outline several innovative techniques for measuring temperature at the microscale. These methods could help engineers design faster, more powerful electronic devices—without the risk of overheating.

    After the paper ran online in late May, the co-authors received an unexpected note from the editors at Applied Physics Letters. “[We] felt that your article is noteworthy, and have chosen it to be promoted as an Editor’s Pick. It will be posted on the journal homepage, and a badge will be displayed next to the title.”

    “It is no small feat for a publication to be chosen as an Editor’s Pick in the highly regarded Applied Physics Letters that publishes more than 2,000 articles a year,” says JC Zhao, dean of the UConn College of Engineering. “I congratulate Professor Pavlidis and his group on this recognition and I am very proud of their accomplishment.”

    Members of the Pavlidis Lab prepare to measure the heat produced by a GaN-on-diamond transistor. This advanced semiconductor technology combines gallium nitride (GaN) with a diamond substrate to improve thermal management in electronic devices. “We shine light through the microscope and it reflects off the sample and travels up to the camera. That’s how we measure temperature,” Pavlidis explains. (Sarah Richmond/UConn Photo)

    Vásquez’s particular research interests are thermal management for high-power and radio-frequency (RF) power electronics. In Pavlidis’s lab, he enjoys the combination of research and meaningful application where the group solves real challenges in electronics and photonics that directly impact energy efficiency, reliability, and performance.

    “What makes the experience truly special is the lab culture,” Vásquez says. “Professor Pavlidis is incredibly supportive and patient, especially when we hit difficult knowledge to explain, and he always encourages us to stay curious. His approach pushes us to explore new ideas, test them rigorously, and think about how our work can translate into real-world innovations. It’s that mix of intellectual freedom and high standards to make an impact that keeps me excited every day in the lab.”

    In the paper, the researchers explore several options to measure temperature in UWBG devices. They suggest using optical methods like Raman spectroscopy and thermoreflectance, which use light to measure temperature dependent properties. Electrical methods use electric signals to detect temperature, and scanning probe methods, like scanning thermal microscopy, touch the surface to feel the heat.

    The researchers also describe exciting new ideas, like combining thermal images created from different colors of light to see heat in nitride-based devices, or measuring how light is absorbed in material defects to calculate the temperature in gallium oxide electronics. They’re even working on a new kind of microscope that can see very tiny heat patterns using deep ultraviolet light.

    “These proposed methods provide a solution to measuring the peak temperature in future electronics which is the primary indicator of when the device will fail. Providing the industry with accurate metrology will lower the barrier to commercialization and enable engineers to develop new thermal management strategies,” Pavlidis says.

    The group’s research is supported by Microelectronics Commons, a program specifically created to commercialize UWBG devices for power electronics. The Commons program established the Northeast Microelectronics Coalition Hub, a network of more than 200 organizations, academic institutions, commercial and defense companies, and federally funded centers concentrated in eight northeast states. The idea for the paper stemmed from a project Pavlidis worked on last summer as an Office of Naval Research Fellow.

    Moving forward, Pavlidis—who was promoted to a Senior Member of Institute of Electrical and Electronics Engineers (IEEE) this month—aims to work with semiconductor partners in developing affordable strategies to reduce the temperature in power electronics. By pushing the resolution limits of temperature measurements, the lab plans to extend their methods to improve other technologies such as quantum computing and photonic circuits. They’ve already worked with colleagues at the University of Maryland to design photonic hardware for next-generation data storage. (View the study in this May 2025 Nature Conversations paper.)

    “We hope our work has laid the foundation for the thermal design of the next generation of UWBG devices,” Pavlidis says.

    MIL OSI USA News

  • MIL-OSI USA: Science in Seconds: Eating Away at Disease

    Source: US State of Connecticut

    Groups of cells called phagocytes are like the clean-up crews of our body – eating and clearing away debris or foreign particles. UConn Health immunologist Kai Li has developed a unique system called PhagoPL to capture and study how phagocytes feel, taste, digest and respond to their “meal.” Understanding this process is relevant to developing treatments for many diseases, such as lupus, sepsis or cancer.

    MIL OSI USA News

  • MIL-OSI: Oxbridge / SurancePlus CEO Jay Madhu to Speak during Ethereum Community Conference (EthCC) – Cannes, at the Gamma Prime Investor Forum

    Source: GlobeNewswire (MIL-OSI)

    GRAND CAYMAN, Cayman Islands, June 26, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs), together with its subsidiary SurancePlus, today announced its participation during the Ethereum Community Conference (EthCC), to be held in Cannes, France, June 30–July 3, 2025. The event brings together blockchain builders, institutional investors, and capital allocators from around the world to explore the next wave of decentralized finance and tokenized assets.

    As part of the conference, Chairman and CEO Jay Madhu will speak at the Gamma Prime Investor Forum, a private gathering hosted alongside EthCC that showcases institutional-grade opportunities in the RWA space.

    Jay Madhu, CEO of Oxbridge and SurancePlus, commented: “We look forward to speaking during EthCC – Cannes about RWA tokenization and public markets This is an especially exciting time for Oxbridge as we review a range of potentially transformative strategic initiatives.”

    About Oxbridge Re Holdings Limited

    Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.

    Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.

    Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non U.S. investors.

    Company Contact:

    Oxbridge Re Holdings Limited
    Jay Madhu, CEO
    +1 345-749-7570
    jmadhu@oxbridgere.com

    About Gamma Prime

    Gamma Prime is a next-generation investment platform delivering institutional-grade access to uncorrelated alternative investments. With over $3.6B AUM of funds and $460M of investors onboarded, Gamma Prime has curated a vast menu of reg-compliant alternatives – both digital assets and RWAs – that fits investor profiles. The partnership with SurancePlus expands investor access to high-yield, low-correlation reinsurance-backed digital securities.

    Forward-Looking Statements

    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on 26th March 2025 and in our other filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward looking statement contained in this press release, even if the Company’s expectations or any related events, conditions or circumstances change.

    The MIL Network

  • MIL-OSI USA: Gross Domestic Product, 1st Quarter 2025 (Third Estimate), GDP by Industry, and Corporate Profits (Revised)

    Source: US Bureau of Economic Analysis

    Real gross domestic product (GDP) decreased at an annual rate of 0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.

    The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment and consumer spending.

    Real GDP was revised down 0.3 percentage point from the second estimate, primarily reflecting downward revisions to consumer spending and exports that were partly offset by a downward revision to imports. For more information, refer to the “Technical Notes” below.

    Compared to the fourth quarter, the downturn in real GDP in the first quarter primarily reflected an upturn in imports, a deceleration in consumer spending, and a downturn in government spending that were partly offset by an upturn in investment.

    Real final sales to private domestic purchasers, the sum of consumer spending and gross private fixed investment, increased 1.9 percent in the first quarter, revised down 0.6 percentage point from the previous estimate.

    From an industry perspective, the decrease in real GDP reflected decreases of 2.8 percent in real value added for private goods-producing industries and 0.3 percent for private services-producing industries that were partly offset by an increase of 2.0 percent in real value added for government.

    Real gross output increased 0.6 percent in the first quarter, reflecting an increase of 1.1 percent for private services-producing industries that was partly offset by decreases of 0.6 percent for private goods-producing industries and 0.6 percent for government.

    The price index for gross domestic purchases increased 3.4 percent in the first quarter, revised up 0.1 percentage point from the previous estimate. The personal consumption expenditures (PCE) price index increased 3.7 percent, and the PCE price index excluding food and energy increased 3.5 percent, both 0.1 percentage point higher than previously estimated.

    Real gross domestic income (GDI) increased 0.2 percent in the first quarter, revised up 0.4 percentage point from the previous estimate.

    Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) decreased $90.6 billion in the first quarter, an upward revision of $27.5 billion.

    Real GDP and Related Measures
    [Percent change from Q4 2024 to Q1 2025]
      Advance Estimate Second Estimate Third Estimate
    Real GDP -0.3 -0.2 -0.5
    Current-dollar GDP 3.5 3.4 3.2
    Real final sales to private domestic purchasers 3.0 2.5 1.9
    Real GDI -0.2 0.2
    Average of Real GDP and Real GDI -0.2 -0.1
    Gross domestic purchases price index 3.4 3.3 3.4
    PCE price index 3.6 3.6 3.7
    PCE price index excluding food and energy 3.5 3.4 3.5
    For definitions, statistical conventions, updates to GDP, and more, visit “Additional Information.”

    Next release: July 30, 2025, at 8:30 a.m. EDT
    Gross Domestic Product (Advance Estimate)
    2nd Quarter 2025


    Technical Notes

    Sources of revisions to real GDP in the third estimate

    Real GDP decreased at an annual rate of 0.5 percent (0.1 percent at a quarterly rate1) in the first quarter, a downward revision of 0.3 percentage point from the previous estimate, primarily reflecting downward revisions to consumer spending and exports that were partly offset by a downward revision to imports.

    • Within consumer spending, the largest contributor to the revision was services, led by recreation services and transportation services, based on new and revised first-quarter data from the Census Bureau Quarterly Services Survey, as well as other services (led by international travel), based on revised data from BEA’s International Transactions Accounts (ITAs).
    • For both exports and imports, the revised estimates primarily reflected updated data from BEA’s ITAs.
      • Within exports, the downward revision was to services, led by other business services and charges for the use of intellectual property.
      • Within imports, the revision reflected downward revisions to both services (led by other business services) and goods (led by industrial supplies and materials as well as by capital goods, except automotive).

    More information on the source data and BEA assumptions that underlie the first-quarter estimate is shown in the key source data and assumptions table.


    1Percent changes in quarterly seasonally adjusted series are displayed at annual rates, unless otherwise specified. For more information, refer to the FAQ “Why does BEA publish percent changes in quarterly series at annual rates?“. 

    MIL OSI USA News

  • MIL-OSI: Palomar and Neptune Partner to Accelerate Growth in U.S. Flood Insurance Market

    Source: GlobeNewswire (MIL-OSI)

    ~ Palomar to Appoint Neptune as Exclusive Managing General Agent for Flood Insurance ~

    LA JOLLA, Calif. and ST. PETERSBURG, Fla., June 26, 2025 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (“Palomar” NASDAQ: PLMR), a leading specialty insurer, and Neptune Flood (“Neptune”), the largest provider of private flood insurance in the United States, today announced a strategic partnership under which Neptune will become Palomar’s exclusive managing general agent for flood insurance.

    Palomar will continue its longstanding commitment to the private flood insurance market while gaining access to Neptune’s AI-based technology powered by data science and machine learning. The partnership enables both companies to advance their shared mission to deliver a robust technology driven alternative to the National Flood Insurance Program and make flood coverage more accessible to customers nationwide.

    “Neptune’s technology and underwriting capabilities make them an ideal partner as we continue to grow in the flood insurance space,” said Jon Christianson, President of Palomar. “Together, we are expanding flood insurance availability with a streamlined and scalable solution that delivers strong value to our policyholders and partners.”

    “Neptune is excited to add Palomar to our panel of top-tier carriers,” said Trevor Burgess, Chairman and Chief Executive Officer of Neptune Flood. “We look forward to welcoming Palomar’s flood customers to the Neptune platform and to increasing access to flood insurance nationwide.”

    Through the seamless transition, Palomar’s agents will gain access to Neptune’s platform, offering a streamlined quoting and binding experience with enhanced coverage options.

    About Palomar

    Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (“PSIC”), Palomar Specialty Reinsurance Company Bermuda Ltd. (“PSRE”), Palomar Insurance Agency, Inc., Palomar Excess and Surplus Insurance Company (“PESIC”), Palomar Underwriters Exchange Organization, Inc. (“PUEO”), First Indemnity of America Insurance Co. (“FIA”), and Palomar Crop Insurance Services, Inc. (“PCIS”). Palomar’s consolidated results also include Laulima Exchange (“Laulima”), a variable interest entity for which the Company is the primary beneficiary. Palomar is an innovative specialty insurer serving residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Palomar’s insurance subsidiaries, PSIC, PSRE, and PESIC, have a financial strength rating of “A” (Excellent) from A.M. Best. FIA carries an “A-” (Stable) rating from A.M. Best.

    To learn more, visit PLMR.com.

    Follow Palomar on LinkedIn: @PLMRInsurance

    About Neptune

    With nearly 250,000 policies in force, Neptune is the largest private flood insurance provider in the United States, revolutionizing the industry with AI-driven underwriting and data science-driven machine learning technology. Neptune simplifies the flood insurance process, offering instant, affordable, and comprehensive coverage in minutes, without the delays and complexities of traditional insurance. Neptune is committed to closing the flood insurance gap and making coverage accessible nationwide.

    Safe Harbor Statement
    Palomar cautions you that statements contained in this press release may regard matters that are not historical facts but are forward-looking statements. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Palomar that any of its plans will be achieved. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in the Company’s business. The forward-looking statements are typically, but not always, identified through use of the words “believe,” “expect,” “enable,” “may,” “will,” “could,” “intends,” “estimate,” “anticipate,” “plan,” “predict,” “probable,” “potential,” “possible,” “should,” “continue,” and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including unexpected expenditures and costs, unexpected results or delays in development and regulatory review, regulatory approval requirements, the frequency and severity of adverse events and competitive conditions. These and other factors that may result in differences are discussed in greater detail in the Company’s filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Contact

    Media Inquiries
    Lindsay Conner
    1-551-206-6217
    lconner@plmr.com

    Investor Relations:
    Jamie Lillis
    1-203-428-3223
    investors@plmr.com

    Neptune Media:
    Loren Pomerantz
    loren@combined-forces.com
    917-902-0219

    Source: Palomar Holdings, Inc.

    The MIL Network

  • MIL-OSI: Mattr Corp. Announces Renewal of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for common shares of the Company (the “Common Shares”).

    Pursuant to the NCIB, the Company may purchase for cancellation up to 4,991,584 Common Shares, representing approximately 10% of the Company’s public float as at June 16, 2025. As at June 16, 2025, the Company had 61,649,707 Common Shares issued and outstanding. The NCIB will commence on June 30, 2025 and terminate one year after its commencement, or earlier if the maximum is reached or the NCIB is terminated at the option of the Company. The Company believes that using the NCIB to return capital to its shareholders will increase shareholder value and further the returns of the Company.

    All purchases pursuant to the NCIB will be made through the facilities of the TSX, or such other permitted means (including through alternative trading systems in Canada, including NEO-N, NEO-L, NEO-D, Crossing Facility, CSE, ICX, Liquidnet, CXC, CX2, CXD, Omega ATS, Lynx ATS, TSX Venture Exchange, TSX Alpha Exchange and MATCH Now (together, the “Other Exchanges”)), at prevailing market prices or as otherwise permitted. The NCIB will be funded using existing cash resources and any Common Shares repurchased by the Company under the NCIB will be cancelled. Other than purchases made under a block purchase exemption pursuant to the rules and policies of the TSX, daily purchases on the TSX pursuant to the NCIB will be limited to 68,375 Common Shares, which represents approximately 25% of the average daily trading volume of 273,500 Common Shares of the Company for the most recently completed six calendar months preceding May 31, 2025.

    The actual number of Common Shares which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by the Company, subject to applicable law and the rules of the TSX and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities.

    In connection with the NCIB, the Company has entered into an automatic share purchase plan (the “Plan”) with a designated broker (the “Broker”) in order to facilitate repurchases of its outstanding Common Shares under the NCIB. The Plan has been approved by the TSX and will be implemented effective as of June 30, 2025.

    Under the Plan, the Broker may purchase Common Shares under the NCIB at times when the Company would ordinarily not be permitted to, due to its self-imposed regular quarterly black-out periods or special black-out periods. Before the commencement of any particular internal trading black-out period, the Company may, but is not required to, instruct the Broker to make purchases of Common Shares under the NCIB during the ensuing black-out period in accordance with the terms of the Plan. Such purchases will be determined by the Broker based on parameters established by the Company prior to commencement of the applicable black-out period in accordance with the terms of the Plan and applicable TSX rules and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities. Outside of these black-out periods, Common Shares will continue to be purchasable by the Company and the Broker at the Company’s discretion under the NCIB.

    Under the Company’s previous NCIB commencing June 28, 2024, the Company purchased for cancellation a total of 4,982,824 Common Shares, being the maximum number of Common Shares it was authorized to repurchase, through the facilities of the TSX or by such other permitted means, for an aggregate repurchase price of approximately $65,163,948.95 and at a volume weighted average purchase price of $13.07 per Common Share. The previous NCIB terminated on June 4, 2025, the date the maximum purchase limit had been reached.

    About Mattr

    Mattr is a growth-oriented, global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy and electrification. Its two business segments, Connection Technologies and Composite Technologies, enable responsible renewal and enhancement of critical infrastructure.

    For further information, please contact:

    Meghan MacEachern
    VP, Investor Relations & External Communications
    Tel: 437-341-1848
    Email: meghan.maceachern@mattr.com
    Website: www.mattr.com

    Forward-Looking Information

    This news release contains forward-looking information within the meaning of applicable securities laws, including statements related to the NCIB, the timing and amount of potential purchases and the cancellation of Common Shares under the NCIB and the Plan. Words such as “intend”, “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “predict”, “estimate” or similar terminology are used to identify forward-looking information. This forward-looking information is based on assumptions, estimates and analysis made in the light of the Company’s experience and its perception of trends, current conditions and expected developments, as well as other factors that are believed by the Company to be reasonable and relevant in the circumstances. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from those predicted, expressed or implied by the forward-looking information. The forward-looking information is provided as of the date of this news release and the Company does not assume any obligation to update or revise the forward-looking information to reflect new events or circumstances, except as required by law.

    Source: Mattr Corp.

    The MIL Network

  • MIL-OSI Economics: AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2025 RESULTS AND CONFERENCE CALL

    Source: Agnico Eagle Mines

    Stock Symbol: AEM (NYSE and TSX)

    TORONTO, June 26, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle” or the “Company“) today announced that it will release its second quarter 2025 results on Wednesday, July 30, 2025, after normal trading hours.

    Second Quarter 2025 Results Conference Call and Webcast

    Agnico Eagle’s senior management will host a conference call on Thursday, July 31, 2025, at 11:00 AM (E.D.T.) to discuss the Company’s financial and operating results.

    Via Webcast:

    To listen to the live webcast of the conference call, you may register on the Company website at www.agnicoeagle.com, or directly via the link here.

    Via Phone:

    To join the conference call by phone, please dial 416.945.7677 or toll-free 1.888.699.1199 to be entered into the call by an operator. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call.

    To join the conference call without operator assistance, you may register your phone number here 30 minutes prior to the scheduled start of the call to receive an instant automated call back.

    Replay Archive:

    Please dial 289.819.1450 or toll-free 1.888.660.6345, access code 68663 #. The conference call replay will expire on August 31, 2025.

    The webcast, along with presentation slides, will be archived for 180 days on the Company’s website.

    About Agnico Eagle

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-provides-notice-of-release-of-second-quarter-2025-results-and-conference-call-302491697.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Economics

  • MIL-OSI Africa: Let UN lead peaceful dispute resolution in Israel, Iran conflict

    Source: South Africa News Agency

    The South African government has called for the immediate de-escalation of hostilities between Israel and the Islamic Republic of Iran.

    The two countries traded air strikes earlier this month.

    Speaking during a media briefing on the outcomes of a Cabinet meeting held on Wednesday, Minister in the Presidency Khumbudzo Ntshavheni said Cabinet was “deeply concerned about escalation of hostilities between Israel and the Islamic Republic of Iran, along with airstrikes by the United States of America”.

    “The ongoing attacks by both countries has led to loss of lives, casualties and destruction to property. Cabinet calls for an urgent de-escalation of hostilities, restraint and full compliance with international law by all parties to prevent further human suffering.

    “Cabinet further calls on the USA, Israel and Iran to create room for constructive dialogue and give the United Nations the opportunity to lead the peaceful resolution of dispute, including the inspection and verification of Iran’s status on uranium enrichment, as well as its broader nuclear capacity.

    “The world cannot afford the balkanisation of Iran, by the sheer size of its population, geographic location and mineral resources.

    “As a continent, we in Africa are still suffering the consequences of the balkanisation of Libya 14 years later, with the escalation of terrorism across the continent,” she said.

    Turning to issues in the Caribbean, Ntshavheni said Cabinet had registered concern on the ongoing gang violence in Haiti.

    “Cabinet is concerned about the Haiti’s worsening situation and asserts that a multifaceted approach is needed to strengthen governance, improving law enforcement, and promoting economic development through regional and international cooperation prioritising Haitian interests,” she said.

    Group of 7 (G7)

    Cabinet reflected on the G7 Leaders’ Summit held in Canada last week.

    President Cyril Ramaphosa participated in the G7 Summit Outreach Session.

    “President Ramaphosa used the opportunity of the G7 to urge for greater cooperation between the G7 and the G20 and mobilise support for reforms in the international institutions of global governance such as the UN Security Council and the global financial system.

    “The President’s participation in the G7 clearly points out that South Africa does not hold an anti-West policy position, but we are ready to work with everyone to pursue South Africa’s national interests and to advance the African Agenda,” she said.

    SANDF soldiers

    Regarding the return of South African soldiers from the Democratic Republic of Congo, Ntshavheni said Cabinet was briefed on the process to bring them home.

    “Cabinet was updated on the phased arrival of South African National Defence Force (SANDF) troops from the eastern Democratic Republic of Congo (DRC) following the SADC decision to terminate the SAMIDRC intervention.

    “About 1 718 SANDF troops have now arrived in the country, and more are expected to arrive over the next few weeks.

    “Cabinet reaffirmed South Africa’s continued commitment to a peaceful, stable and prosperous Southern African region and commended the efforts by the SANDF troops to contribute towards restoring peace, security and stability in the DRC,” she said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI USA: Alaska Local 601 Human Rights Committee Stands Proud at Anchorage Juneteenth Celebration

    Source: US GOIAM Union

    The IAM Local 601 Human Rights Committee proudly participated in the city of Anchorage’s annual Juneteenth celebration, joining community members, elected officials, and organizations honoring this historic day in African-American history.

    The city of Anchorage hosted the Juneteenth event, which brought together a broad coalition of voices committed to celebrating freedom, resilience, and the ongoing pursuit of equity. IAM Local 601 set up a booth at the celebration, where members engaged directly with participants to share the vital role unions play in building fairer workplaces and stronger communities.

    “Active participation in community events like the Anchorage Juneteenth celebration exemplifies the true spirit of the IAM – building inclusive spaces where every voice is heard and valued,” said IAM Air Transport Territory General Vice President Richie Johnsen. “By creating opportunities for learning and connection, we are not only strengthening our union but also advancing equity and justice beyond the workplace.

    IAM members also engaged with local elected officials and community leaders, advocating for worker empowerment and dignity on the job. The presence of the IAM at this important cultural event reflects the union’s enduring commitment to justice, equity, and solidarity for all working people.

    “Our members had powerful conversations with local residents about what it means to be union,” said IAM Human Rights Director Nicole Fears. “Moments like these remind us that the labor movement and the fight for human rights have always been linked. We cannot build power for working people without lifting every voice in our communities.”

    The post Alaska Local 601 Human Rights Committee Stands Proud at Anchorage Juneteenth Celebration appeared first on IAM Union.

    MIL OSI USA News

  • MIL-OSI: Churchill Resources Announces Fully Subscribed $700,000 Private Placement and Strategic Leadership Changes to Bolster Growth and Operational Execution

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company“) (TSXV: CRI) is pleased to announce a non-brokered private placement of common shares to raise gross proceeds of up to $700,000. The Company is also pleased to announce a strategic leadership transition designed to strengthen the Company’s capital markets presence and operational execution as it advances its projects in Newfoundland and Labrador. Effective today, Paul Sobie, will step down from the role of Chief Executive Officer and continue in his capacity as President of the Company, and Conan McIntyre, a current director of Churchill, will assume the role of Chief Executive Officer.

    Private Placement Financing
    The $700,000 private placement will comprise up to 14,000,000 common shares of the Company at a price of $0.05 per share (the “Private Placement”). The Company intends to use the proceeds from the Private Placement on the advancement of exploration activities at the Company’s key projects and for general corporate purposes. The Private Placement is expected to close on or about July 9, 2025, and remains subject to the approval of the TSX Venture Exchange.

    Strategic Leadership Changes
    The leadership transition is designed to strengthen the Company’s strategic and operational capabilities while maximizing continuity benefits.

    Mr. McIntyre will concentrate on corporate strategy, capital markets activities, and business development, while Paul Sobie will focus on advancing the Company’s exploration programs. Mr. McIntyre and Mr. Sobie will continue to serve on the Company’s board of directors along with Malik Easah and Bill Fisher, who will continue serving as Chairman.

    “This strategic restructuring represents an important evolution for Churchill that will enable us to pursue multiple value-creation opportunities simultaneously while preserving operational expertise and local knowledge,” said Mr. McIntyre.

    Mr. Sobie commented: “I am excited about the opportunity to dedicate my full attention to our exploration activities in Newfoundland and Labrador at Black Raven, as well as at Taylor Brook and Florence Lake. This focused approach will allow me to accelerate our field programs and maximize the value of our exploration assets.”

    Mr. Fisher, Chairman of the Board, stated: “The exciting work being undertaken at Black Raven, in particular, continues to demonstrate the significant potential of our portfolio. Black Raven represents a truly exceptional exploration opportunity, featuring a polymetallic metal assemblage at the site of past producers that has never been drilled using modern exploration techniques. With the focused leadership structure we are implementing, I am confident we will unlock substantial value.”

    About Churchill Resources Inc.

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland and Labrador. The Company’s flagship Black Raven property features a polymetallic metal assemblage with evidence of historical production, representing a unique exploration opportunity as the site of past producers that has never been systematically drilled using modern techniques. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Further Information

    For further information regarding Churchill, please contact:

    Churchill Resources Inc.
    Conan McIntyre, Chief Executive Officer
    Tel. +1 416.272.4738
    Email: cmcintyre@churchillresources.com

    Paul Sobie, President
    Tel. +1 416.365.0930 (o); +1 647.988.0930
    Email: psobie@churchillresources.com

    Cautionary Note Regarding Forward Looking Information
    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “proposed”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
    In this news release, forward-looking statements relate to, among other things, the completion of the Private Placement and the management changes; the receipt of all applicable regulatory approvals; the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; the effectiveness of the new management structure; the benefits of operational continuity; potential value to be unlocked at the Company’s properties, including at Black Raven; the potential for resource discovery and expansion at Black Raven; and future exploration plans and costs and financing availability.

    These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: risks related to the completion of the private placement and management changes; the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the Company’s properties; failure to identify any mineral resources or significant mineralization; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; title to properties; and those factors described in the most recently filed management’s discussion and analysis of the Company.
    Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
    Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network

  • MIL-OSI: Churchill Resources Announces Fully Subscribed $700,000 Private Placement and Strategic Leadership Changes to Bolster Growth and Operational Execution

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company“) (TSXV: CRI) is pleased to announce a non-brokered private placement of common shares to raise gross proceeds of up to $700,000. The Company is also pleased to announce a strategic leadership transition designed to strengthen the Company’s capital markets presence and operational execution as it advances its projects in Newfoundland and Labrador. Effective today, Paul Sobie, will step down from the role of Chief Executive Officer and continue in his capacity as President of the Company, and Conan McIntyre, a current director of Churchill, will assume the role of Chief Executive Officer.

    Private Placement Financing
    The $700,000 private placement will comprise up to 14,000,000 common shares of the Company at a price of $0.05 per share (the “Private Placement”). The Company intends to use the proceeds from the Private Placement on the advancement of exploration activities at the Company’s key projects and for general corporate purposes. The Private Placement is expected to close on or about July 9, 2025, and remains subject to the approval of the TSX Venture Exchange.

    Strategic Leadership Changes
    The leadership transition is designed to strengthen the Company’s strategic and operational capabilities while maximizing continuity benefits.

    Mr. McIntyre will concentrate on corporate strategy, capital markets activities, and business development, while Paul Sobie will focus on advancing the Company’s exploration programs. Mr. McIntyre and Mr. Sobie will continue to serve on the Company’s board of directors along with Malik Easah and Bill Fisher, who will continue serving as Chairman.

    “This strategic restructuring represents an important evolution for Churchill that will enable us to pursue multiple value-creation opportunities simultaneously while preserving operational expertise and local knowledge,” said Mr. McIntyre.

    Mr. Sobie commented: “I am excited about the opportunity to dedicate my full attention to our exploration activities in Newfoundland and Labrador at Black Raven, as well as at Taylor Brook and Florence Lake. This focused approach will allow me to accelerate our field programs and maximize the value of our exploration assets.”

    Mr. Fisher, Chairman of the Board, stated: “The exciting work being undertaken at Black Raven, in particular, continues to demonstrate the significant potential of our portfolio. Black Raven represents a truly exceptional exploration opportunity, featuring a polymetallic metal assemblage at the site of past producers that has never been drilled using modern exploration techniques. With the focused leadership structure we are implementing, I am confident we will unlock substantial value.”

    About Churchill Resources Inc.

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland and Labrador. The Company’s flagship Black Raven property features a polymetallic metal assemblage with evidence of historical production, representing a unique exploration opportunity as the site of past producers that has never been systematically drilled using modern techniques. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Further Information

    For further information regarding Churchill, please contact:

    Churchill Resources Inc.
    Conan McIntyre, Chief Executive Officer
    Tel. +1 416.272.4738
    Email: cmcintyre@churchillresources.com

    Paul Sobie, President
    Tel. +1 416.365.0930 (o); +1 647.988.0930
    Email: psobie@churchillresources.com

    Cautionary Note Regarding Forward Looking Information
    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “proposed”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
    In this news release, forward-looking statements relate to, among other things, the completion of the Private Placement and the management changes; the receipt of all applicable regulatory approvals; the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; the effectiveness of the new management structure; the benefits of operational continuity; potential value to be unlocked at the Company’s properties, including at Black Raven; the potential for resource discovery and expansion at Black Raven; and future exploration plans and costs and financing availability.

    These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: risks related to the completion of the private placement and management changes; the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the Company’s properties; failure to identify any mineral resources or significant mineralization; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; title to properties; and those factors described in the most recently filed management’s discussion and analysis of the Company.
    Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
    Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes ITAFOS INC. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced ITAFOS INC. (TSX-V: IFOS; OTCQX: ITFS), a phosphate and specialty fertilizer company, has qualified to trade on the OTCQX® Best Market. ITAFOS INC. upgraded to OTCQX from the Pink® market.

    ITAFOS INC. begins trading today on OTCQX under the symbol “ITFS.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    About ITAFOS INC.
    Itafos is a phosphate and specialty fertilizer company. Itafos’ businesses and projects are as follows: Conda – a vertically integrated phosphate fertilizer business located in Idaho, US with production capacity as follows: -approximately 550kt per year of monoammonium phosphate (“MAP”), MAP with micronutrients (“MAP+”), superphosphoric acid (“SPA”), merchant grade phosphoric acid (“MGA”) and ammonium polyphosphate (“APP”); and -approximately 27kt per year of hydrofluorosilicic acid (“HFSA”); Arraias – a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with production capacity as follows: -approximately 500kt per year of single superphosphate (“SSP”) and SSP with micronutrients (“SSP+”); and -approximately 40kt per year of excess sulfuric acid (220kt per year gross sulfuric acid production capacity); Farim – a high-grade phosphate mine project located in Farim, Guinea-Bissau; and Santana – a vertically integrated high-grade phosphate mine and fertilizer plant project located in Pará, Brazil.

    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 ATSTM 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: OTC Markets Group Welcomes Star Copper Corp. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Star Copper Corp. (CSE: STCU; FWB: SOP; OTCQX: STCUF), a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Star Copper Corp. upgraded to OTCQX from the OTCQB® Venture Market.

    Star Copper Corp. begins trading today on OTCQX under the symbol “STCUF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

    “Our upgrade to the OTCQX Market is a reflection of our strategic planning as we continue to advance our copper-gold asset position in North America,” states Darryl Jones, CEO of Star Copper. “It also reflects the Company’s underlying fiscal health and commitment to compliance, disclosure and corporate governance. We anticipate that this upgrade will increase our exposure within the U.S. investment community and provide greater access to shareholders seeking to participate in our growth.”

    About Star Copper Corp.
    Star Copper Corp. is a mineral exploration company focused on advancing Canadian mining projects. Our flagship Star Project is an Alkalic Copper-Gold Porphyry located within the well-known Golden Triangle and Golden Horseshoe regions of British Colombia, an exceptionally prolific area for porphyry copper-gold projects. Significant exploration work including historical drilling has confirmed open mineralization at depth and in all directions. Star Copper’s strategic plans include geological mapping and geophysical surveys to refine existing targets, diamond drilling programs to test high-priority zones, environmental baseline studies and permitting groundwork alongside data analysis and resource modeling to support a future resource estimate prepared in accordance with NI 43-101. The Company further plans to advance its Indata Project with follow-up drilling to expand on previous high-grade copper and gold
    intercepts, trenching and surface sampling to delineate mineralized zones, and infrastructure improvements for site accessibility and operations. With a commitment to sustainable development and value creation, Star Copper aims to position itself to support surging industrial demand to meet growing global electrification needs.

    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 ATSTM 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: OTC Markets Group Welcomes Santacruz Silver Mining Ltd. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Santacruz Silver Mining Ltd. (TSX-V: SCZ; OTCQX: SCZMF), which engages in the operation, acquisition, exploration, and development of mineral properties in Latin America, has qualified to trade on the OTCQX® Best Market. Santacruz Silver Mining Ltd. upgraded to OTCQX from the OTCQB® Venture Market.

    Santacruz Silver Mining Ltd. begins trading today on OTCQX under the symbol “SCZMF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. 

    Executive Chairman and CEO, Arturo Préstamo, commented: “Graduating to the OTCQX Best Market is an important milestone for Santacruz Silver and a reflection of our continued commitment to transparency, operational excellence, and disciplined growth. This achievement strengthens our visibility and accessibility among U.S. investors as we advance our strategy to grow a leading silver and base metals producer in Latin America.”

    About Santacruz Silver Mining Ltd.
    Santacruz Silver is engaged in the operation, acquisition, exploration, and development of mineral properties across Latin America. In Bolivia, the Company operates the Bolivar, Porco, and Caballo Blanco mining complexes, with Caballo Blanco comprising the Tres Amigos and Colquechaquita mines. The Reserva mine, whose production is provided to the San Lucas ore sourcing and trading business, is also located in Bolivia. Additionally, the Company oversees the Soracaya exploration project. In Mexico, Santacruz operates the Zimapán mine.

    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: Abaxx Announces Digital Title Pilot to Unlock the Collateral Value of Physical Commodities Through its Integrated Market Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced it intends to conduct a pilot transaction to finance margin with physical gold using its ID++ Technology to create real-time digital documents of title.

    This pilot will demonstrate the use of Abaxx’s Private Digital Title, a cryptographically-secured document of title for physical gold held at Abaxx Spot, to finance cash margin requirements for a gold futures position. By unlocking the collateral value of real-world assets, the initiative advances Abaxx’s broader effort to modernize collateralization and increase capital efficiency across commodity markets, including the unique ability to move real-time collateral privately through a federated network.

    Abaxx’s Private Digital Title Pilot Highlights

    • Demonstrates the integration of Abaxx Exchange and Clearing, Abaxx Spot, and ID++ Technology, activating the full stack of Abaxx infrastructure to address inefficiencies in commodity markets and supply-chain risk management.
    • Lays the groundwork for expanding the pool of high quality liquid asset (“HQLA”) collateral to include physically-held commodities and for netting physical and financial positions, reducing capital costs and inefficiencies in risk management.
    • Operates across the full commodity transaction lifecycle with integrated counterparty verification that keeps transaction data private from unrelated intermediaries and public ledger records, removing a key barrier to token adoption in global commodity markets.
    • Leverages Verifiable Credentials to issue legally-enforceable digital documents of title, preserving confidentiality, improving collateral mobility, and aligning with global legal standards like the United Nations Commission on International Trade Law’s (UNCITRAL) Model Law on Electronic Transferable Records (MLETR).

    “For decades, innovations in payment systems have accelerated the velocity of money while the immense value of physical assets has remained locked in slow, analog workflows,” said Josh Crumb, CEO of Abaxx Technologies. “What stablecoins and modern payment rails are to bank money, Abaxx is to physical collateral. We are building the tools to free your physical assets. This pilot will be the first end-to-end demonstration of our smarter markets architecture, where regulated market infrastructure and decentralized financial technology work together to turn physical commodities into dynamic, real-time financial instruments at the heart of financial clearing systems.”

    A New Framework for Digital Collateral

    Abaxx’s vision is to re-engineer the relationship between physical assets and financial risk management. To support this transformation, the Company has developed multi-layered market infrastructure designed to connect physical assets to financial workflows, anchored by a regulated futures exchange and clearinghouse, a spot market for physically-allocated gold, and Abaxx’s proprietary ID++ Technology and suite of console apps, including Verifier+, Abaxx Messenger, and Abaxx Sign.

    This infrastructure addresses two persistent challenges for commodity producers, traders, and financiers: limited collateral mobility and the high cost of managing basis and counterparty risk. It seeks to expand the pool of high-quality collateral to include real-world assets and creates the potential to reduce capital and operational costs by enabling the netting of physical and financial positions.

    Legal ownership of physical assets is digitized using Verifiable Credentials as documents of title, unlike tokenization models that rely on centralized issuance or new legal constructs. Abaxx’s approach is designed to reduce legal and operational friction, shorten onboarding timelines, and enable more flexible, direct use of physical commodities as collateral without compromising confidentiality or enforceability.

    The intended result is a system where physical assets support a flexible credit facility, transforming inventory from untapped collateral into a real-time financial resource.

    About the Pilot

    This pilot represents the first application of Abaxx’s Private Digital Title across the Company’s integrated exchange, clearing, and spot market infrastructure. It is intended to demonstrate how a cryptographically-secured Private Digital Title can act as a document of title for physical gold and finance the margin requirements of a gold futures position, replacing traditional warehouse receipts with a legally-enforceable digital document of title.

    As part of this framework, Abaxx’s Private Digital Title can embed legal terms and asset history, including attributes such as its provenance or environmental footprint, directly to the asset’s digital identity, supporting evolving market expectations around traceability.

    By increasing the pool of eligible collateral, increasing collateral mobility, and enhancing transparency, the initiative targets a $47 billion opportunity in gold trade finance¹ and lays the foundation for broader applications across commodity markets.

    Join the Working Group

    This pilot transaction is planned to take place in 4Q2025. Interested parties, including clearing firms, brokers, traders, custodians, banks, and technologists who would like to participate in our working group are invited to contact us at digitaltitle@abaxx.tech for more information.

    ¹ Source: ICC Trade Register Summary Report: Global Risks in Trade Finance, International Chamber of Commerce, November 2023.

    About Abaxx Technologies
    Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

    In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.

    Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

    Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

    For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

    For more information about this press release, please contact:

    Steve Fray, CFO
    Tel: +1 647-490-1590

    Media and investor inquiries:

    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 246 271 0082
    E-mail: ir@abaxx.tech

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.

    In particular, this press release contains forward-looking statements including, without limitation, statements regarding the potential results, benefits and market impact of the pilot transaction, the Company’s business strategies, plans, and objectives, the development of new markets and products, expectations regarding Abaxx’s partnerships, demand for Abaxx’s products and market adoption and regulatory approvals. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network

  • MIL-OSI USA: Forest Protection and Wildland Firefighter Safety Act Passes Committee

    Source: United States House of Representatives – Congressman Doug LaMalfa 1st District of California

    Washington, D.C.—Today, the House Transportation and Infrastructure Committee passed Congressman LaMalfa’s bill, H.R. 3300, the Forest Protection and Wildland Firefighter Safety Act, out of markup as part of a larger package. This legislation ensures that aerial fire retardant remains available for wildfire suppression efforts without being tied up in Clean Water Act permitting delays. The bill clarifies that federal, state, local, and tribal firefighting agencies do not need a National Pollutant Discharge Elimination System (NPDES) permit to use fire retardant from aircraft when responding to wildfires.

    “Firefighters shouldn’t have to wait on a permit to fight a fire. With wildfire racing toward homes and forests, limiting or delaying the use of fire retardant due to waiting for bureaucracy to permit it is backward logic that gets people hurt and leaves entire landscapes scorched,” said Rep. LaMalfa. “Aerial retardant has been used safely for decades. What these lawsuits and delays really do is handcuff the very people trying to stop disaster. I’m glad to see this bill pass through committee, and I’ll keep working to make sure our firefighters can do their jobs without interference from fringe lawsuits or red tape.”

    Background

    In 2022, an environmental group sued the Forest Service over its use of aerial fire retardant, arguing it should be regulated under the Clean Water Act. A federal court ruled in 2023 that the Forest Service must obtain a NPDES permit from the EPA, but declined to issue an injunction that would have halted the use of retardant during fire season. The permitting process is expected to take years, and if future litigation results in a successful injunction, firefighters could be forced to ground aircraft or fly them with only water—putting lives, forests, and property at serious risk. Additionally, every state, local, and tribal fire agency may eventually need to get their own NPDES permit to use retardant, wasting tax dollars, time, and placing people in jeopardy.

    The Forest Service has made clear in testimony that aerial retardant is a critical part of its integrated wildfire strategy and that current operations already prohibit discharge into waterways or buffer zones. Over the past decade, less than 1% of fire retardant drops have affected waterways.

    The bill builds on existing exemptions in the Clean Water Act for fire control activities and ensures continued use of fire retardants that are approved and listed on the Forest Service’s Qualified Products List.

    Congressman Doug LaMalfa is Chairman of the Congressional Western Caucus and a lifelong farmer representing California’s First Congressional District, including Butte, Colusa, Glenn, Lassen, Modoc, Shasta, Siskiyou, Sutter, Tehama and Yuba Counties.

    ###

    MIL OSI USA News

  • MIL-OSI USA: LaMalfa, California GOP Delegation Call on Newsom to Halt New Gas Price Hikes

    Source: United States House of Representatives – Congressman Doug LaMalfa 1st District of California

    Washington, D.C.—Congressman Doug LaMalfa (R-Richvale) joined the entire California Republican congressional delegation in sending a letter to Governor Gavin Newsom urging him to immediately suspend a scheduled increase to the state’s gasoline excise tax and pause the implementation of new California Air Resources Board (CARB) regulations projected to significantly raise fuel costs for California drivers.

    Starting July 1, 2025, California is set to raise its gas tax to 61.2 cents per gallon. On the same day, new CARB regulations under the Low Carbon Fuel Standard (LCFS) are set to take effect—regulations estimated by University of Pennsylvania economists to drive fuel prices up by as much as 65 cents per gallon. Combined, these changes will further strain California’s already fragile fuel supply and add more costs for families and businesses across the state.

    “At a time when Californians are already paying $1.44 more per gallon than the national average, the last thing they need is another gas tax hike and a costly new mandate from unelected CARB officials,” said Rep. LaMalfa. “The Phillips 66 refinery is set to close this fall, and Valero’s Benicia facility will follow next spring. Together, those shutdowns will cut California’s refining capacity by over 20 percent. Resulting in less fuel available on the market, higher prices, and more pain for everyone. Instead of addressing this looming supply crisis, the Governor is adding 1.6 cents to the gas tax and letting CARB push through a regulation that is estimated to raise prices by up to 65 cents per gallon. These policies are not just tone-deaf, they’re dangerous to California’s economy. The Governor continues to ignore this reality. Refusing to change course will only make things worse.”

    These price increases come as California faces a looming supply crisis due to the scheduled closures of two major in-state refineries. According to a May 2025 report from the University of Southern California’s Marshall School of Business, the combined shutdown of the Phillips 66 refinery in Los Angeles and the Valero refinery in Benicia could result in a 21% drop in California’s refining capacity. This shortfall is expected to create a gasoline supply deficit of up to 13.1 million gallons per day and push prices as high as $8.43 per gallon by the end of 2026, especially when combined with the effects of new state mandates like the LCFS, Cap-and-Trade expansion, and excise tax increases.

    The USC study also warns that these disruptions will ripple across the economy, impacting air travel, food delivery, agriculture, manufacturing, and healthcare, while placing further pressure on household budgets and reducing state tax revenues at a time when California faces a projected $73 billion budget deficit.

    The California Republican congressional delegation has consistently urged the Governor to suspend the gas tax, address in-state supply constraints, and reject policies that deepen the cost-of-living crisis, but to date continue to be ignored.

    The full text of the letter is available here.

    Congressman Doug LaMalfa is Chairman of the Congressional Western Caucus and a lifelong farmer representing California’s First Congressional District, including Butte, Colusa, Glenn, Lassen, Modoc, Shasta, Siskiyou, Sutter, Tehama and Yuba Counties.

    ###

    MIL OSI USA News

  • MIL-OSI USA: LaMalfa, Zinke Praise USDA Move to Scrap Roadless Rule Blocking Forest Access

    Source: United States House of Representatives – Congressman Doug LaMalfa 1st District of California

    Washington, D.C.—Today, Congressman Doug LaMalfa (R-Richvale) and Congressman Ryan Zinke (R-MT) released the following statement applauding the U.S. Department of Agriculture’s decision to rescind the Roadless Rule. This rule prevented road construction, reconstruction, and timber harvesting on almost 59 million acres of the National Forest System.

    “I want to thank Secretary Rollins for rescinding the Roadless Rule, a Clinton-era midnight regulation which has done more harm than good in the West,” said Rep. LaMalfa. “This policy blocked responsible forest management, preventing thinning, logging, and the ability to build roads that are critical for wildfire response and public safety. Two decades on, our forests are more overgrown, wildfires are more catastrophic, and rural economies have fewer jobs. Repealing the Roadless Rule is a major step toward restoring common-sense forest management and giving local experts the ability to do their jobs.”

    “The rescission of the outdated Roadless Rule is a victory for Montana, public lands, and forest management everywhere,” said Rep. Zinke. “As I’ve long maintained, one of the biggest obstacles to proper forest management and wildfire prevention has been unnecessary and overbearing regulations like this one. If you can’t build a road, you can’t fight fires, you can’t cut trees, and you can’t properly take care of our national heritage held in our public lands. I applaud the President and Secretary Rollins for their initiative to allow real and needed work to be done on our national forest land.”

    The Roadless Rule tied the hands of land managers for years, especially in Western states where wildfire risk is high and economic opportunities are closely linked to working forests. Its repeal is a long-overdue correction that restores balance between conservation and the practical need to access, manage, and protect our forests.

    Rep. LaMalfa spoke on the House floor in support of this decision and the need for active forest management. You can watch his full remarks here.

    Congressman Doug LaMalfa is Chairman of the Congressional Western Caucus and a lifelong farmer representing California’s First Congressional District, including Butte, Colusa, Glenn, Lassen, Modoc, Shasta, Siskiyou, Sutter, Tehama and Yuba Counties.

    ###

    MIL OSI USA News

  • MIL-OSI Analysis: How Nato summit shows Europe and US no longer have a common enemy

    Source: The Conversation – UK – By Andrew Corbett, Senior Lecturer in Defence Studies, King’s College London

    Mark Rutte had an unenviable task at the Hague summit this week. The Nato secretary-general had to work with diverging American and European views of current security threats. After Rutte made extraordinary efforts at highly deferential, overt flattery of Donald Trump to secure crucial outcomes for the alliance, he seems to have succeeded for now.

    But what this meeting and the run-up has made increasingly clear is that the US and Europe no longer perceive themselves as having a single common enemy. Nato was established in 1949 as a defensive alliance against the acknowledged threat from the USSR. This defined the alliance through the cold war until the dissolution of the Soviet Union in 1991. Since Russia invaded Ukraine and annexed Crimea in 2014, Nato has focused on Moscow as the major threat to international peace. But the increasingly bellicose China is demanding more attention from the US.

    There are some symbolic moves that signal how things are changing. Every Nato summit declaration since the Russian invasion of Ukraine in 2022 has used the same form of words: “We adhere to international law and to the purposes and principles of the Charter of the United Nations and are committed to upholding the rules-based international order.”

    The declaration published during the Hague summit on June 25 conspicuously does not mention either. Indeed, in a departure from recent declarations, the five paragraphs of the Hague summit declaration are brutally short and focused entirely on portraying the alliance solely in terms of military capability and economic investment to sustain that. No mention of international law and order this time.

    This appears to be a carefully orchestrated output of a deliberately shortened summit designed to contain Trump’s unpredictable interventions. This also seems symptomatic of a widening division between the American strategic trajectory and the security interests perceived by Canada and the European members of Nato.

    That this declaration was so short, and so focused on such a narrow range of issues suggests there were unusually entrenched differences that could not be surmounted.

    Since the onslaught of the full Russian invasion of Ukraine in February 2022, the Nato allies have been united in their criticism of Russia and support for Ukraine; until now.

    Since January, the Trump administration has not authorised any military aid to Ukraine and significantly reduced material support to Ukraine and criticism of Russia. Trump has sought to end the war rapidly on terms effectively capitulating to Russian aggression; his proposal suggests recognising Russia’s control over Crimea and de facto control over some other occupied territories (Luhansk, parts of Zaporizhzhia, Donetsk, and Kherson) He has also suggested Ukraine would not join Nato but might receive security guarantees and the right to join the EU.

    Meanwhile, European allies have sought to fund and support Ukraine’s defensive efforts, increasing aid and military support, and continuing to ramp up sanctions.

    Another sign of the differing priorities of Europe and Canada v the US, was the decision by Pete Hegseth, US secretary of defense, to step back from leadership of the Ukraine defence contact group, an ad-hoc coalition of states across the world providing military support to Ukraine. Hegseth also symbolically failed to attend the group’s pre-summit meeting in June.

    Trump has long been adamant that Nato members should meet their 2014 commitment to spend 2% of their GDP on defence, and Rutte recognised that. In 2018, Trump suggested that this should be increased to 4 or 5% but this was dismissed as unreasonable. Now, in a decision which indicates increasing concern about both Russia as a threat and US support, Nato members (except for Spain) have agreed to increase spending to 5% of GDP on defence over the next 10 years.

    Donald Trump gives a press conference after the Nato summit.

    Nato’s article 3 requires states to maintain and develop their capacity to resist attack. However, since 2022, it has become increasingly apparent that many Nato members are unprepared for any major military engagement. At the same time, they are increasingly feeling that Russia is more of a threat on their doorsteps. There has been recognition, particularly among the Baltic states, Germany, France and the UK that they need to increase their military spending and preparedness.

    For the US to focus more on China, US forces will shift a greater percentage of the US Navy to the Pacific. It will also assign its most capable new ships and aircraft to the region and increase general presence operations, training and developmental exercises, and engagement and cooperation with allied and other navies in the western Pacific. To do this US forces will need to reduce commitments in Europe, and European allies must replace those capabilities in order to sustain deterrence against Russia.

    The bedrock of the Nato treaty, article 5, is commonly paraphrased as “an attack on one is an attack on all”. On his way to the Hague summit, Trump seemed unsure about the US commitment to Nato. Asked to clarify this at the summit, he stated: “I stand with it [Article 5]. That’s why I’m here. If I didn’t stand with it, I wouldn’t be here.”

    Lord Ismay, the first secretary-general of Nato, famously (if apocryphally) suggested that the purpose of the alliance was to keep the Russians out, the Americans in and the Germans down. Germany is now an integral part of Nato, and the Americans are in, if distracted. But there are cracks, and Rutte will have his hands full managing Trump’s declining interest in protecting Europe if he is to keep the Russians at bay.

    Andrew Corbett does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. How Nato summit shows Europe and US no longer have a common enemy – https://theconversation.com/how-nato-summit-shows-europe-and-us-no-longer-have-a-common-enemy-259842

    MIL OSI Analysis

  • MIL-OSI Analysis: How Nato summit shows Europe and US no longer have a common enemy

    Source: The Conversation – UK – By Andrew Corbett, Senior Lecturer in Defence Studies, King’s College London

    Mark Rutte had an unenviable task at the Hague summit this week. The Nato secretary-general had to work with diverging American and European views of current security threats. After Rutte made extraordinary efforts at highly deferential, overt flattery of Donald Trump to secure crucial outcomes for the alliance, he seems to have succeeded for now.

    But what this meeting and the run-up has made increasingly clear is that the US and Europe no longer perceive themselves as having a single common enemy. Nato was established in 1949 as a defensive alliance against the acknowledged threat from the USSR. This defined the alliance through the cold war until the dissolution of the Soviet Union in 1991. Since Russia invaded Ukraine and annexed Crimea in 2014, Nato has focused on Moscow as the major threat to international peace. But the increasingly bellicose China is demanding more attention from the US.

    There are some symbolic moves that signal how things are changing. Every Nato summit declaration since the Russian invasion of Ukraine in 2022 has used the same form of words: “We adhere to international law and to the purposes and principles of the Charter of the United Nations and are committed to upholding the rules-based international order.”

    The declaration published during the Hague summit on June 25 conspicuously does not mention either. Indeed, in a departure from recent declarations, the five paragraphs of the Hague summit declaration are brutally short and focused entirely on portraying the alliance solely in terms of military capability and economic investment to sustain that. No mention of international law and order this time.

    This appears to be a carefully orchestrated output of a deliberately shortened summit designed to contain Trump’s unpredictable interventions. This also seems symptomatic of a widening division between the American strategic trajectory and the security interests perceived by Canada and the European members of Nato.

    That this declaration was so short, and so focused on such a narrow range of issues suggests there were unusually entrenched differences that could not be surmounted.

    Since the onslaught of the full Russian invasion of Ukraine in February 2022, the Nato allies have been united in their criticism of Russia and support for Ukraine; until now.

    Since January, the Trump administration has not authorised any military aid to Ukraine and significantly reduced material support to Ukraine and criticism of Russia. Trump has sought to end the war rapidly on terms effectively capitulating to Russian aggression; his proposal suggests recognising Russia’s control over Crimea and de facto control over some other occupied territories (Luhansk, parts of Zaporizhzhia, Donetsk, and Kherson) He has also suggested Ukraine would not join Nato but might receive security guarantees and the right to join the EU.

    Meanwhile, European allies have sought to fund and support Ukraine’s defensive efforts, increasing aid and military support, and continuing to ramp up sanctions.

    Another sign of the differing priorities of Europe and Canada v the US, was the decision by Pete Hegseth, US secretary of defense, to step back from leadership of the Ukraine defence contact group, an ad-hoc coalition of states across the world providing military support to Ukraine. Hegseth also symbolically failed to attend the group’s pre-summit meeting in June.

    Trump has long been adamant that Nato members should meet their 2014 commitment to spend 2% of their GDP on defence, and Rutte recognised that. In 2018, Trump suggested that this should be increased to 4 or 5% but this was dismissed as unreasonable. Now, in a decision which indicates increasing concern about both Russia as a threat and US support, Nato members (except for Spain) have agreed to increase spending to 5% of GDP on defence over the next 10 years.

    Donald Trump gives a press conference after the Nato summit.

    Nato’s article 3 requires states to maintain and develop their capacity to resist attack. However, since 2022, it has become increasingly apparent that many Nato members are unprepared for any major military engagement. At the same time, they are increasingly feeling that Russia is more of a threat on their doorsteps. There has been recognition, particularly among the Baltic states, Germany, France and the UK that they need to increase their military spending and preparedness.

    For the US to focus more on China, US forces will shift a greater percentage of the US Navy to the Pacific. It will also assign its most capable new ships and aircraft to the region and increase general presence operations, training and developmental exercises, and engagement and cooperation with allied and other navies in the western Pacific. To do this US forces will need to reduce commitments in Europe, and European allies must replace those capabilities in order to sustain deterrence against Russia.

    The bedrock of the Nato treaty, article 5, is commonly paraphrased as “an attack on one is an attack on all”. On his way to the Hague summit, Trump seemed unsure about the US commitment to Nato. Asked to clarify this at the summit, he stated: “I stand with it [Article 5]. That’s why I’m here. If I didn’t stand with it, I wouldn’t be here.”

    Lord Ismay, the first secretary-general of Nato, famously (if apocryphally) suggested that the purpose of the alliance was to keep the Russians out, the Americans in and the Germans down. Germany is now an integral part of Nato, and the Americans are in, if distracted. But there are cracks, and Rutte will have his hands full managing Trump’s declining interest in protecting Europe if he is to keep the Russians at bay.

    Andrew Corbett does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. How Nato summit shows Europe and US no longer have a common enemy – https://theconversation.com/how-nato-summit-shows-europe-and-us-no-longer-have-a-common-enemy-259842

    MIL OSI Analysis

  • MIL-OSI NGOs: Bonn ‘talking shop’ at odds with urgency needed to save forests, climate

    Source: Greenpeace Statement –

    Bonn, Germany – A lack of urgency to address the escalating climate crisis has marred the Bonn Climate Change Conference, leaving much work to be done to deliver real progress on climate and biodiversity action at COP30 in Brazil.   

    Ambition to accelerate mitigation, including transitioning away from fossil fuels in upcoming 2035 climate action plans was lacking and talks stalled on climate finance and the Baku to Belém roadmap to mobilise up to US$1.3 trillion for developing countries became polarised. Efforts to secure an end to deforestation by 2030 also struggled to find a landing ground.

    An Lambrechts, Biodiversity Policy Expert, Greenpeace International, said: “As temperatures escalate, efforts to end deforestation and protect critical ecosystems are an essential part of the 1.5°C solution. But if an action plan to end forest destruction is to be agreed in Belém, parties must grasp the urgency and deliver a transformative COP30 forest outcome.

    “While there were some positive signs for potential progress on synergies between climate and biodiversity action in Belém, there’s been far too much procrastination in Bonn and too little decision-making. We believe in multilateralism, but that spirit needs to be reinvigorated ahead of COP30 to accelerate the protection and restoration of critical ecosystems.”

    Lorelei Limousin, Climate and Fossil Fuels Campaigner, Greenpeace France said: “The 1.5°C goal is getting harder every day and ambition to deliver the Paris Agreement must be ramped up in 2035 climate action plans. As custodian of the Paris Agreement, France must drive ambition and needs to support EU targets for both 2035 and 2040 that are aligned with 1.5°C.

    “Macron’s attempts to weaken EU ambition is sabotaging the Paris Agreement in its 10th anniversary year, putting at risk EU climate leadership. Instead of backtracking, France – and the EU – need to signal they’ll move ahead and accelerate the transition away from fossil fuels.

    “But the EU and Global North as a whole, must also help unlock robust public climate finance to help stimulate climate action in developing countries. One clear solution is to give the bill to the fossil fuel producers and make them pay for the climate destruction their products cause.”

    Camila Jardim, International Politics Specialist, Greenpeace Brazil said: “Amid challenging times, this is a great opportunity for Brazilian climate leadership to emerge. As COP30 host, Brazil can make the goal of halting global deforestation and forest degradation a reality, delivering a fruitful COP30 legacy to forests all over the world.

    “2035 NDCs and bridging the 1.5°C ambition gap is the make-or-break for COP30. A strong COP outcome is needed to combat the expected shortfall in ambition alongside finance to enable greater action in developing countries. But in Bonn a stalemate on emission reductions and finance was exposed, as the Global Stocktake and NDCs became a new taboo in negotiation rooms and developed countries refused to step up on finance. This needs to change – it’s time to act.” 

    ENDS

    Contacts:
    Aaron Gray-Block, Climate Politics Communications Manager, Greenpeace International, [email protected]

    Greenpeace International Press Desk, +31 (0)20 718 2470 (available 24 hours), [email protected]

    Join the Greenpeace UNFCCC WhatsApp Update Group

    MIL OSI NGO

  • MIL-OSI Africa: G20 Sherpa meeting highlights global development challenges

    Source: South Africa News Agency

    South Africa’s Group of 20 (G20) Presidency convened its third Sherpa meeting this week, focusing on critical global challenges, including sustainable development and geopolitical tensions.

    Speaking to the media, South Africa’s Permanent Representative to the United Nations, Ambassador Mathu Joyini, stressed the urgency of achieving Sustainable Development Goals (SDGs), noting that the G20 represents 85% of global GDP and has a crucial role in advancing the 2030 agenda.

    “We are now five years away from the date set for achieving the SDGs and this is worrisome,” the diplomat stated. 

    He said the 20 largest economies in the world, which come from various regions, have a significant role in fostering the development agenda. “The G20 has a responsibility to push hard during these remaining years.”

    He told journalists that Wednesday’s Sherpa meeting of the G20 at the Sun City Resort addressed complex geopolitical issues, with participants discussing conflicts ranging from the Democratic Republic of Congo to Gaza and Ukraine. 

    However, the approach focused on principles of achieving “just peace” rather than diving into specific conflict details.

    Joyini said South Africa outlined four key priorities for its Presidency, which include disaster resilience, debt sustainability, critical minerals, and the Just Energy Transition (JET). 

    The Ambassador, meanwhile, highlighted the importance of transforming Africa’s mineral extraction model. “We do not want raw materials to be just taken from Africa. We want African countries to have space for beneficiation and manufacturing.”

    The meeting also noted the absence of the United States, with officials expressing openness to continued engagement and emphasising the continuity of the G20 agenda.

    Joyini believed that the gathering signalled South Africa’s commitment to advancing Global South priorities and building on the legacies of previous presidencies from Indonesia, India, and Brazil. 

    Meanwhile, Joyini explained the continuity of priorities, such as the Global Alliance Against Hunger and Poverty from Brazil. “Our task force on food security that we are creating is focusing on the regional level and at the global level.” – SAnews.gov.za
     

    MIL OSI Africa

  • MIL-OSI: RBC iShares Expands iShares Core Offering with Launch of New ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Today, RBC iShares expands its iShares Core exchange traded fund (ETF) lineup with the launch of the iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged) (the ‘iShares Fund’).

    The iShares Fund will provide investors with broad-based exposure to the total U.S. equity market, covering large-, mid-, small-, and micro-capitalized companies. The iShares Fund is a Canadian dollar-hedged offering and complements the iShares Core S&P Total U.S. Stock Market Index ETF, XTOT, which was launched on June 2, 2025.

    The iShares Fund is expected to begin trading on the Toronto Stock Exchange (the “TSX”) today; the iShares Fund is managed by BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect wholly-owned subsidiary of BlackRock, Inc (“BlackRock”).

    Fund Name Ticker Annual
    Management
    Fee
    1
    iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged) XTOH 0.07%2

    RBC iShares aims to help clients achieve their investment objectives by empowering them to build efficient portfolios and take control of their financial futures. RBC iShares is committed to delivering a truly differentiated ETF experience and positive outcomes for clients.

    For more information about RBC iShares, please visit https://www.rbcishares.com.

    About BlackRock

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

    About iShares

    iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.3 trillion in assets under management as of March 31, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

    iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

    About RBC
    Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 97,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

    We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

    About RBC Global Asset Management
    RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional) manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

    RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. Commissions, trailing commissions, management fees and expenses all may be associated with investing in ETFs. Please read the relevant prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

    ® / TM Trademark(s) of Royal Bank of Canada. Used under license. iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under license. © 2025 BlackRock Asset Management Canada Limited and RBC Global Asset Management Inc. All rights reserved.

    Contact for Media:
    Sydney Punchard
    Email: Sydney.Punchard@blackrock.com

    _______________________

    1 As an annualized percentage of the iShares Fund’s daily net asset value.
    2 If applicable, BlackRock Canada or an affiliate is entitled to receive a fee for acting as manager of each iShares ETF in which this iShares Fund may invest (an “underlying product fee” and together with the management fee payable to BlackRock Canada, the “total annual fee”). As the underlying product fees are embedded in the market value of the iShares ETFs in which this iShares Fund may invest, any underlying product fees are borne indirectly by this iShares Fund. BlackRock Canada will adjust the management fee payable to it by this iShares Fund to ensure that the total annual fees paid directly or indirectly to BlackRock Canada and its affiliates by this iShares Fund will not exceed the percentage of the NAV set out above. The total annual fee is exclusive of HST. Any underlying product fees borne indirectly by this iShares Fund are calculated and accrued daily and are paid not less than annually.

    The MIL Network

  • MIL-OSI: RBC iShares Expands iShares Core Offering with Launch of New ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Today, RBC iShares expands its iShares Core exchange traded fund (ETF) lineup with the launch of the iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged) (the ‘iShares Fund’).

    The iShares Fund will provide investors with broad-based exposure to the total U.S. equity market, covering large-, mid-, small-, and micro-capitalized companies. The iShares Fund is a Canadian dollar-hedged offering and complements the iShares Core S&P Total U.S. Stock Market Index ETF, XTOT, which was launched on June 2, 2025.

    The iShares Fund is expected to begin trading on the Toronto Stock Exchange (the “TSX”) today; the iShares Fund is managed by BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect wholly-owned subsidiary of BlackRock, Inc (“BlackRock”).

    Fund Name Ticker Annual
    Management
    Fee
    1
    iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged) XTOH 0.07%2

    RBC iShares aims to help clients achieve their investment objectives by empowering them to build efficient portfolios and take control of their financial futures. RBC iShares is committed to delivering a truly differentiated ETF experience and positive outcomes for clients.

    For more information about RBC iShares, please visit https://www.rbcishares.com.

    About BlackRock

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

    About iShares

    iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.3 trillion in assets under management as of March 31, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

    iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

    About RBC
    Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 97,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

    We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

    About RBC Global Asset Management
    RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional) manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

    RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. Commissions, trailing commissions, management fees and expenses all may be associated with investing in ETFs. Please read the relevant prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

    ® / TM Trademark(s) of Royal Bank of Canada. Used under license. iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under license. © 2025 BlackRock Asset Management Canada Limited and RBC Global Asset Management Inc. All rights reserved.

    Contact for Media:
    Sydney Punchard
    Email: Sydney.Punchard@blackrock.com

    _______________________

    1 As an annualized percentage of the iShares Fund’s daily net asset value.
    2 If applicable, BlackRock Canada or an affiliate is entitled to receive a fee for acting as manager of each iShares ETF in which this iShares Fund may invest (an “underlying product fee” and together with the management fee payable to BlackRock Canada, the “total annual fee”). As the underlying product fees are embedded in the market value of the iShares ETFs in which this iShares Fund may invest, any underlying product fees are borne indirectly by this iShares Fund. BlackRock Canada will adjust the management fee payable to it by this iShares Fund to ensure that the total annual fees paid directly or indirectly to BlackRock Canada and its affiliates by this iShares Fund will not exceed the percentage of the NAV set out above. The total annual fee is exclusive of HST. Any underlying product fees borne indirectly by this iShares Fund are calculated and accrued daily and are paid not less than annually.

    The MIL Network

  • MIL-OSI USA: Pelosi Statement on Support of War Powers Resolution

    Source: United States House of Representatives – Congresswoman Nancy Pelosi Representing the 12th District of California

    Washington, D.C. – Speaker Emerita Nancy Pelosi released the following statement announcing her cosponsorship of H.Con.Res.40 to remove the United States Armed Forces from hostilities with Iran:
     
    “We must all exercise our best judgement in how we prevent Iran from having a nuclear weapon and honor our relationship with Israel in the interest of our national security. But over the weekend, the Trump Administration unilaterally conducted military airstrikes in Iran without consulting the Congress of the United States. This action endangered our servicemembers, diplomats and others by risking a serious escalation of tensions with Iran. 

    “Yesterday, the Administration decided to withhold intelligence and delay the scheduled bipartisan classified Member briefing — which was already long overdue — in a slap in the face to the Congress. The Administration must work with their co-equal branch of government to fulfill the Constitutional requirement that the President comes to Congress before going to war. That is why I am supporting War Powers Resolutions which reassert the Article One powers of the Congress and ensure the Administration does not keep the American people and their Representatives in the dark.”

    MIL OSI USA News

  • MIL-OSI USA: Pelosi Statement on Cancelation of Bipartisan Classified Member Briefing

    Source: United States House of Representatives – Congresswoman Nancy Pelosi Representing the 12th District of California

    Washington, D.C. – Speaker Emerita Nancy Pelosi released the following statement on the Trump Administration’s cancelation of a bipartisan classified Member briefing on Israel-Iran:
     
    “The decision of this Administration to withhold intelligence and cancel today’s scheduled bipartisan classified Member briefing — which was already long overdue — is a slap in the face to the Congress of the United States.

    “We must all exercise our best judgement in how we prevent Iran from having a nuclear weapon and honor our relationship with Israel in the interest of our national security. The unjustified cancellation of this briefing by the Trump Administration is an intolerable insult to their co-equal branch of government and the Constitutional requirement that the President comes to Congress before going to war.

    “The President owes the American people an explanation on why his Administration is keeping them and their Representatives in the dark.”

    MIL OSI USA News

  • MIL-OSI USA: Pelosi at Aspen Ideas Festival to Celebrate 15 Years of the Affordable Care Act: “This was the challenge of our generation.”

    Source: United States House of Representatives – Congresswoman Nancy Pelosi Representing the 12th District of California

    Aspen, CO – Yesterday, Speaker Emerita Nancy Pelosi joined former U.S. Health and Human Services Secretaries Kathleen Sebelius and Sylvia Burwell at the Aspen Ideas Festival for a behind-the-scenes look at the passage of the Affordable Care Act, moderated by former Congressman Charlie Dent.

    The conversation, hosted by the Aspen Institute, offered an inside look into one of the most consequential legislative efforts in American history, focusing on the intense political landscape in 2010, the stakes for working families and the coalition it took to get the ACA across the finish line.

    “For a hundred years they’d been trying to pass a [health care] bill,” Speaker Emerita Nancy Pelosi said. “This was the challenge of our generation—to do something very special for the American people that made a difference in their lives.”

    The panel recounted both the triumphs and trials of the legislative fight, including the instrumental leadership of Secretaries Sebelius and Burwell in its passage and implementation, efforts to prevent Republicans from repealing the ACA, and the ongoing fight to protect Medicaid from Republican attacks.

    Watch the full event HERE.

    Read coverage of the event below:

    The Aspen Daily News: Pelosi talks Affordable Care Act in Aspen

    [Rick Carroll, 6/23/25]

    Rep. Nancy Pelosi stuck to the script at Paepcke Auditorium on Sunday night. In Aspen for a panel discussion, Pelosi joined the stage with three others to discuss their roles in the passage of the Affordable Care Act, which became law in 2010.

    The conversation was titled “Behind the Vote: How the ACA Became Law.” Likely due to its irrelevancy to the discussion, there was no mention of the United States’ strikes on three nuclear sites in Iran a day earlier.

    Pelosi was critical of President Donald Trump’s decision to bomb the facilities on Saturday night. On X, she posted: “Tonight, the President ignored the Constitution by unilaterally engaging our military without Congressional authorization. I join my colleagues in demanding answers from the Administration on this operation which endangers American lives and risks further escalation and dangerous destabilization of the region.”

    On Sunday, however, the discussion of the landmark legislation — also known as Obamacare and considered the largest piece of health-care legislation in the U.S. since the introduction of Medicare and Medicaid in 1965 — took center stage. 

    Noting that it took a century of wrangling, Pelosi said it was President Bill Clinton’s administration that gave a serious push to start health care reform in his first term starting in 1993. Facing strong opposition from conservatives and the insurance lobby, Clinton couldn’t pass it through. 

    “For over 100 years, presidents had been trying to pass, to provide … some kind of health care for all Americans,” Pelosi said. “The Clintons had attempted and it may have not succeeded in terms of passing the bill, but it certainly succeeded in raising the awareness and making it possible for us to pass a bill later. So I just give them credit for that.”

    Pelosi, a House member since 1987, was speaker from 2007 to 2011 and from 2019 to 2023.

    As speaker of the House, she played a key role in shepherding the ACA bill through a divided Congress and a Republican party fiercely opposed to the legislation. She also had to negotiate with those in her party, from the progressives to the moderates, over concessions in the bill. Even without a single vote from a Republican in either chamber of Congress, the ACA became law in March 2010. 

    The legislation made health coverage more accessible to people with low to moderate incomes or pre-existing conditions by giving them income-based subsidies. Its supporters also say the ACA stabilized the health-care market by making it more equitable and accessible.

    The ACA’s backlash, however, has included insurers leaving marketplaces in rural areas, fewer choices for doctors because of insurers tightening their provider networks, increased premiums for middle-class consumers, as well as public confusion over navigating a system rife with complexities. 

    Pelosi was joined on the panel by Kathleen Sebelius and Sylvia Burwell, the respective 21st and 22nd U.S. Secretaries of Health and Human Services, and former Republican Rep. Charlie Dent of Pennsylvania. 

    MIL OSI USA News

  • MIL-OSI USA: Additional Disaster Recovery Centers Opening in the City of St. Louis

    Source: US Federal Emergency Management Agency 2

    wo additional Disaster Recovery Centers with FEMA Individual Assistance staff are opening in the City of St. Louis to help people affected by the May 16 tornado and storms.
    At all locations, FEMA and the U.S. Small Business Administration will help impacted residents with their disaster assistance applications, answer questions, and upload required documents.
    Opening Thursday, June 26

    LOCATION
    HOURS OF OPERATION

    Sumner High School — Parking Lot    4248 Cottage Ave.St. Louis, MO 63113 
    Monday-Saturday: 8 a.m.-7 p.m.Sunday: 8 a.m.-6 p.m.

    Opening Monday, June 30

    LOCATION
    HOURS OF OPERATION

    Urban League Entrepreneurship and Women’s Business Center 4401 Natural Bridge Ave.St. Louis, MO 63115
    Monday-Saturday: 8 a.m.-8 p.m.Sunday: 8 a.m.-6 p.m.

    Currently Opened Location

    LOCATION
    HOURS OF OPERATION

    Union Tabernacle M.B. Church           626 N. Newstead Ave.St. Louis, MO 63108
    Monday-Saturday: 8 a.m.-8 p.m.Sunday: Closed

    To save time, please apply for FEMA assistance before coming to a Disaster Recovery Center. Apply online at DisasterAssistance.gov or by calling 800-621-3362. 
    If you are unable to apply online or by phone, someone at the Disaster Recovery Center can assist you. 
    You may visit any location, no matter where you are staying now.
    If your home or personal property sustained damage not covered by insurance, FEMA may be able to provide money to help you pay for home repairs, a temporary place to live, and replace essential personal property that was destroyed.

    MIL OSI USA News

  • MIL-OSI USA: PHOTO RELEASE: Secretary Noem Visits Costa Rica

    Source: US Federal Emergency Management Agency

    Headline: PHOTO RELEASE: Secretary Noem Visits Costa Rica

    AN JOSÉ, COSTA RICA – Department of Homeland Security Secretary Kristi Noem traveled to Costa Rica to reinforce the importance of international cooperation in preventing violent criminal illegal aliens from entering the United States

    During her visit, she met with the U

    S

    Customs and Border Protection’s (CBP) Joint Security Program Team, toured the Los Lagos Detention Center, and held discussions with Costa Rican President Rodrigo Chaves

      
     

     
    On Tuesday, Secretary Noem met with members of CBP’s Joint Security Program Team, which operates in Costa Rica and makes significant contributions to bolstering border security efforts

    The team, composed of CBP personnel and Costa Rican counterparts, works to enhance security measures at key border points and combat illicit activities such as smuggling and trafficking

    At the meeting, Secretary Noem received a briefing on the team’s operations, including their use of advanced technology, intelligence-sharing protocols, and joint initiatives

     
     

     
    On Wednesday, Secretary Noem also toured the Los Lagos Detention Center and was briefed on Costa Rican authorities’ detainment of known or suspected terrorists

    The tour provided insights into Costa Rica’s efforts to address illegal migration

    Accompanied by Costa Rican officials, Noem observed the facility’s operations, including its infrastructure, security protocols, and detainee management practices

     
     

    On Wednesday, Secretary Noem also met with President Rodrigo Chaves Robles in San José to reaffirm the strong partnership between the United States and Costa Rica

    The discussion focused on deepening bilateral ties through enhanced collaboration on security issues, including countering transnational crime, drug trafficking, and illegal migration

    Both leaders emphasized their commitment to joint initiatives promoting regional stability and prosperity

    They explored opportunities to align policies and share resources to address shared challenges, such as strengthening border security while supporting lawful trade and travel

    MIL OSI USA News

  • MIL-OSI USA: CPSC Urges Fireworks Safety Ahead of July 4th Holiday

    Source: US Consumer Product Safety Commission

    CPSC Estimate: 14,700 injuries, 11 Deaths in 2024
    WASHINGTON, D.C. –  As July 4th celebrations near, the U.S. Consumer Product Safety Commission (CPSC) is urging the public to prioritize fireworks safety. Mishandling fireworks can turn celebration into tragedy. 
    In 2024, there were 11 reported fireworks-related deaths, most involving misuse and device misfire/malfunctions. An estimated 14,700 people were injured by fireworks last year – a sharp increase of about 38% in deaths and about 52% in injuries respectively compared to 2023. There were an estimated 1,700 emergency room treated injuries in 2024 involving sparklers.
    Adults ages 25 to 44 accounted for the largest share of reported injuries (32%), followed by people ages 15 to 24 (24%). The most frequently injured body parts were hands and fingers (36%) and head, face, and ears (22%). Burns were the most common injury, making up 37% of all emergency room visits. 
    “Behind these numbers are real people, real families — and often, preventable incidents,” said CPSC Acting Chairman Peter Feldman. “Fireworks injuries don’t just happen on the Fourth of July. We urge everyone to celebrate responsibly — because safety must always come first.”
    Stay Safe This Holiday: CPSC’s Fireworks Safety Tips:

    Never allow young children to play with or ignite fireworks, including sparklers. Sparklers burn at temperatures of about 2,000 degrees Fahrenheit—hot enough to melt some metals.
    Keep a bucket of water or a garden hose handy, in case of fire or other mishap.
    Make sure fireworks are legal in your area, and only purchase and set off fireworks that are labeled for consumer (not professional) use.
    Never use fireworks while impaired by alcohol or drugs.
    Light fireworks one at a time, then move back quickly.
    Never try to re-light or pick up fireworks that have not ignited fully.
    Follow all instructions and warnings on fireworks and never hold them in hand unless instructions specify to do so.

    For more fireworks safety tips, visit Fireworks | CPSC.gov.  
    View B-roll from CPSC’s past fireworks demonstrations. 
    ###
    Note: Individual Commissioners may have statements related to this topic. Please visit www.cpsc.gov/commissioners to search for statements related to this or other topics.

    About the U.S. CPSCThe U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risk of injury associated with the use of thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. Since the CPSC was established more than 50 years ago, it has worked to ensure the safety of consumer products, which has contributed to a decline in injuries associated with these products. 
    Federal law prohibits any person from selling products subject to a Commission ordered recall or a voluntary recall undertaken in consultation with the CPSC.
    For lifesaving information:

    MIL OSI USA News