Category: Americas

MIL-OSI Global: Right now, space law doesn’t protect historical sites, mining operations and bases on the Moon – a space lawyer describes a framework that could

Source: The Conversation – USA – By Michelle L.D. Hanlon, Professor of Air and Space Law, University of Mississippi

Craters in the lunar surface are visible in this photo taken during the Apollo 11 mission. NASA via AP

April 2025 was a busy month for space.

Pop icon Katy Perry joined five other civilian women on a quick jaunt to the edge of space, making headlines. Meanwhile, another group of people at the United Nations was contemplating a critical issue for the future of space exploration: the discovery, extraction and utilization of natural resources on the Moon.

At the end of April, a dedicated Working Group of the United Nations Committee on the Peaceful Uses of Outer Space released a draft set of recommended principles for space resource activities. Essentially, these are rules to govern mining on the Moon, asteroids and elsewhere in space for elements that are rare here on Earth.

As a space lawyer and co-founder of For All Moonkind, a nonprofit dedicated to protecting human heritage in outer space, I know that the Moon could be the proving ground for humanity’s evolution into a species that lives and thrives on more than one planet. However, this new frontier raises complex legal questions.

Space, legally

Outer space – including the Moon – from a legal perspective, is a unique domain without direct terrestrial equivalent. It is not, like the high seas, the “common heritage of humankind,” nor is it an area, like Antarctica, where commercial mining is prohibited.

Instead, the 1967 Outer Space Treaty – signed by more than 115 nations, including China, Russia and the United States – establishes that the exploration and use of space are the “province of all humankind.” That means no country may claim territory in outer space, and all have the right to access all areas of the Moon and other celestial bodies freely.

The fact that, pursuant to Article II of the treaty, a country cannot claim territory in outer space, known as the nonappropriation principle, suggests to some that property ownership in space is forbidden.

Can this be true? If your grandchildren move to Mars, will they never own a home? How can a company protect its investment in a lunar mine if it must be freely accessible by all? What happens, as it inevitably will, when two rovers race to a particular area on the lunar surface known to host valuable water ice? Does the winner take all?

As it turns out, the Outer Space Treaty does offer some wiggle room. Article IX requires countries to show “due regard” for the corresponding interests of others. It is a legally vague standard, although the Permanent Court of Arbitration has suggested that due regard means simply paying attention to what’s reasonable under the circumstances.

First mover advantage – it’s a race

The treaty’s broad language encourages a race to the Moon. The first entity to any spot will have a unilateral opportunity to determine what’s legally “reasonable.” For example, creating an overly large buffer zone around equipment might be justified to mitigate potential damage from lunar dust.

On top of that, Article XII of the Outer Space Treaty assumes that there will be installations, like bases or mining operations, on the Moon. Contrary to the free access principle, the treaty suggests that access to these may be blocked unless the owner grants permission to enter.

Both of these paths within the treaty would allow the first person to make it to their desired spot on the Moon to keep others out. The U.N. principles in their current form don’t address these loopholes.

The draft U.N. principles released in April mirror, and are confined by, the language of the Outer Space Treaty. This tension between free access and the need to protect – most easily by forbidding access – remains unresolved. And the clock is ticking.

The Moon’s vulnerable legacy

The U.S. Artemis program aims to return humans to the Moon by 2028, China has plans for human return by 2030, and in the intervening years, more than 100 robotic missions are planned by countries and private industry alike. For the most part, these missions are all headed to the same sweet spot: the lunar south pole. Here, peaks of eternal light and deep craters containing water ice promise the best mining, science and research opportunities.

Regions of the lunar south pole, left, and north pole, right, contain water in the form of ice (blue), which could be useful for space agencies hoping to set up lunar bases.
NASA

In this excitement, it’s easy to forget that humans already have a deep history of lunar exploration. Scattered on the lunar surface are artifacts displaying humanity’s technological progress.

After centuries of gazing at our closest celestial neighbor with fascination, in 1959 the Soviet spacecraft, Luna 2, became the first human-made object to impact another celestial body. Ten years later, two humans, Neil Armstrong and Buzz Aldrin, became the first ever to set foot upon another celestial body.

More recently, in 2019, China’s Chang’e 4 achieved the first soft landing on the Moon’s far side. And in 2023, India’s Chandrayaan-3 became the first to land successfully near the lunar south pole.

These sites memorialize humanity’s baby steps off our home planet and easily meet the United Nations definition of terrestrial heritage, as they are so “exceptional as to transcend national boundaries and to be of common importance for present and future generations of all humanity.”

The international community works to protect such sites on Earth, but those protection protocols do not extend to outer space.

Astronaut footprints are still intact on the lunar surface because the Moon doesn’t have weather. But nearby spacecraft or rovers could kick up dust and cover them.
AP Photo

The more than 115 other sites on the Moon that bear evidence of human activity are frozen in time without degradation from weather, animal or human activity. But this could change. A single errant spacecraft or rover could kick up abrasive lunar dust, erasing bootprints or damaging artifacts.

Protection and the Outer Space Treaty

In 2011, NASA recommended establishing buffer, or safety zones, of up to 1.2 miles (2 kilometers) to protect certain sites with U.S. artifacts.

Because it understood that outright exclusion violates the Outer Space Treaty, NASA issued these recommendations as voluntary guidelines. Nevertheless, the safety zone concept, essentially managing access to and activities around specific areas, could be a practical tool for protecting heritage sites. They could act as a starting point to find a balance between protection and access.

The U.N. Committee on the Peaceful Uses of Outer Space recently proposed new principles for space resource use.
United States Mission to International Organizations in Vienna, CC BY-NC-ND

One hundred and ninety-six nations have agreed, through the 1972 World Heritage Convention, on the importance of recognizing and protecting cultural heritage of universal value found here on Earth.

Building on this agreement, the international community could require specific access protocols — such as a permitting process, activity restrictions, shared access rules, monitoring and other controls — for heritage sites on the Moon. If accepted, these protective measures for heritage sites could also work as a template for scientific and operational sites. This would create a consistent framework that avoids the perception of claiming territory.

At this time, the draft U.N. principles released in April 2025 do not directly address the opposing concepts of access and protection. Instead, they defer to Article I of the Outer Space Treaty and reaffirm that everyone has free access to all areas of the Moon and other celestial bodies.

As more countries and companies compete to reach the Moon, a clear lunar legal framework can guide them to avoid conflicts and preserve historical sites. The draft U.N. principles show that the international community is ready to explore what this framework could look like.

Michelle L.D. Hanlon is affiliated with For All Moonkind, a not-for-profit organization committed to protecting human cultural heritage in outer space starting with the Apollo lunar landing sites.

– ref. Right now, space law doesn’t protect historical sites, mining operations and bases on the Moon – a space lawyer describes a framework that could – https://theconversation.com/right-now-space-law-doesnt-protect-historical-sites-mining-operations-and-bases-on-the-moon-a-space-lawyer-describes-a-framework-that-could-255757

MIL OSI – Global Reports –

May 13, 2025
MIL-OSI Russia: Joint Statement on the High-Level China-US Trade and Economic Talks in Geneva

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

GENEVA, May 12 (Xinhua) — China and the United States on Monday issued a joint statement following high-level China-U.S. talks on economic and trade issues in Geneva.

The full text of the joint statement follows:

Joint Statement on the High-Level China-US Trade and Economic Talks in Geneva

The Government of the People’s Republic of China (hereinafter referred to as China) and the Government of the United States of America (hereinafter referred to as the United States), recognizing the importance of their bilateral economic and trade relations to both countries and the global economy, recognizing the importance of sustainable, long-term, and mutually beneficial economic and trade relations, reviewing their recent discussions and believing that continued discussions have the potential to resolve each side’s concerns in their economic and trade relations, moving forward in the spirit of mutual openness, continuous communication, cooperation, and mutual respect, commit to take the following actions by May 14, 2025:

The United States shall modify the application of the additional ad valorem rate of duty on goods from China (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) imposed by Executive Order 14257 on April 2, 2025, by suspending 24 percentage points of that rate for an initial period of 90 days, while maintaining the remainder of the ad valorem rate of 10 percent on those goods in accordance with the terms of that Executive Order. The United States shall terminate the modified additional ad valorem rates of duty on those goods imposed by Executive Order 14259 on April 8, 2025, and by Executive Order 14266 on April 9, 2025.

China shall accordingly modify the application of the additional ad valorem duty rate on United States goods set out in the No. 4 Notice of the Customs Tariff Committee of the State Council in 2025 by suspending the application of 24 percentage points of that duty rate for an initial period of 90 days, while maintaining the remaining additional ad valorem duty rate of 10 percent on those goods. China shall abolish the modified additional ad valorem duty rates on those goods imposed by the No. 5 Notice of the Customs Tariff Committee of the State Council and the No. 6 Notice of the Customs Tariff Committee of the State Council in 2025, and shall take all necessary administrative measures to suspend or cancel the non-tariff countermeasures taken against the United States on or after April 2, 2025.

Following the above actions, the Parties shall establish a mechanism to continue discussions on economic and trade relations. The Chinese side will be represented at these talks by He Lifeng, Vice Premier of the State Council of the People’s Republic of China, and the American side will be represented by Scott Bessent, U.S. Secretary of the Treasury, and Jamieson Greer, U.S. Trade Representative. Such discussions may be held alternately in China and the United States, or in a third country with the consent of the Parties. If necessary, the Parties may hold working-level consultations on relevant economic and trade issues. –0–

MIL OSI Russia News –

May 13, 2025
MIL-OSI USA: Residential electric bills in Hawaii and Connecticut are twice those in New Mexico, Utah

Source: US Energy Information Administration

In-brief analysis

May 12, 2025

The average electric monthly bill for U.S. residential customers was $144 in 2024, but average costs for customers in some states were much higher or lower. Customers in states such as Hawaii and Connecticut, where retail electricity prices are relatively high, paid more than $200 per month for electricity, or more than twice as much as customers in states such as New Mexico and Utah.

Monthly electricity bills are the product of two factors: retail electricity prices and the amount of grid-delivered electricity that customers consume. Although we do not directly survey retail electricity prices or bills in our monthly electricity surveys, we estimate bills by dividing the utilities’ revenue from residential customers by the number of residential customers. Similarly, we estimate retail prices by dividing utility revenue from residential customers by electric retail sales to residential customers.

Average U.S. electricity prices and consumption were both higher in 2024 compared with 2023. The average U.S. residential electricity price rose from 16.0 cents per kilowatthour (kWh) in 2023 to 16.5 cents/kWh in 2024. Monthly electricity consumption per residential customer averaged 865 kWh in 2024, or 2% more than the average value in 2023.

Customers in Hawaii had the highest average monthly bills in 2024, at $213 per month, despite consuming the least amount of grid-delivered electricity, on average. Although many homes in Hawaii have solar photovoltaic systems that reduce the need for grid-delivered electricity, most of that grid-delivered electricity generated in Hawaii comes from petroleum-fired generators. Electricity prices in Hawaii are high because petroleum-fired electricity generation is expensive compared with other energy sources.

Customers in Utah had the lowest average monthly bills at $89 per month. The six states with the lowest residential bills are all in the Rocky Mountain region: Utah, New Mexico, Colorado, Wyoming, Montana, and Idaho. These states tend to have lower-than-average residential electricity prices and consumption. Delivered costs for coal and natural gas, which are prevalent sources for electricity generation in Rocky Mountain states, were lower in 2024 than in 2023.

Louisiana had the highest average electricity consumption, as Louisiana’s residential customers used more than twice as much electricity from the grid as those in Hawaii or California. However, because electricity prices are so much lower in Louisiana, residents paid an average of $142 per month, or nearly equal to the national average. Southeastern states tend to consume more electricity than other states because customers use more air conditioning in the summer and use electric, rather than natural gas, space-heating equipment in the winter.

Principal contributors: Alex Gorski, Owen Comstock

MIL OSI USA News –

May 13, 2025
MIL-OSI Security: Justice Department Announces Results of Operation Restore Justice: 205 Child Sex Abuse Offenders Arrested in FBI-Led Nationwide Crackdown, Including One in the District of Nebraska

Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

Today, the Department of Justice announced the results of Operation Restore Justice, a coordinated enforcement effort to identify, track and arrest child sex predators. The operation resulted in the rescue of 115 children and the arrests of 205 child sexual abuse offenders in the nationwide crackdown. The coordinated effort was executed over the course of five days by all 55 FBI field offices, the Child Exploitation and Obscenity Section in the Department’s Criminal Division, and United States Attorney’s Offices around the country.

“The Department of Justice will never stop fighting to protect victims — especially child victims — and we will not rest until we hunt down, arrest, and prosecute every child predator who preys on the most vulnerable among us,” said Attorney General Pamela Bondi. “I am grateful to the FBI and their state and local partners for their incredible work in Operation Restore Justice and have directed my prosecutors not to negotiate.”

“Every child deserves to grow up free from fear and exploitation, and the FBI will continue to be relentless in our pursuit of those who exploit the most vulnerable among us,” said FBI Director Kash Patel. “Operation Restore Justice proves that no predator is out of reach and no child will be forgotten. By leveraging the strength of all our field offices and our federal, state and local partners, we’re sending a clear message: there is no place to hide for those who prey on children.”

Acting United States Attorney Matthew R. Molsen said, “The U.S. Attorney’s Office and our local FBI partners have a long history of prioritizing these types of cases and working together to achieve justice for victims of these crimes. We were proud to contribute to this initiative.”

On April 29, 2025, Kody Dickes, 34, of Ashland, Nebraska, was arrested by criminal complaint for distribution of child pornography and possession of child pornography.

Others arrested around the country are alleged to have committed various crimes including the production, distribution, and possession of child sexual abuse material, online enticement and transportation of minors, and child sex trafficking. In Minneapolis, for example, a state trooper and Army Reservist was arrested for allegedly producing child sexual abuse material while wearing his uniforms. In Norfolk, VA, an illegal alien from Mexico is accused of transporting a minor across state lines for sex. In Washington, D.C., a former Metropolitan Police Department Police Officer was arrested for allegedly trafficking minor victims.

In many cases, parental vigilance and community outreach efforts played a critical role in bringing these offenders to justice. For example, a California man was arrested about eight hours after a young victim bravely came forward and disclosed their abuse to FBI agents after an online safety presentation at a school near Albany, N.Y.

This effort follows the Department’s observance of National Child Abuse Prevention Month in April, and underscores the Department’s unwavering commitment to protecting children and raising awareness about the dangers they face. While the Department, including the FBI, investigates and prosecutes these crimes every day, April serves as a powerful reminder of the importance of preventing these crimes, seeking justice for victims, and raising awareness through community education.

The Justice Department is committed to combating child sexual exploitation. These cases were brought as part of Project Safe Childhood, a nationwide initiative to combat the epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, visit www.justice.gov/psc.

The Department partners with and oversees funding grants for the National Center for Missing and Exploited Children (NCMEC), which receives and shares tips about possible child sexual exploitation received through its 24/7 hotline at 1-800-THE-LOST and on missingkids.org.

The Department urges the public to remain vigilant and report suspected exploitation of a child through the FBI’s tipline at 1-800-CALL-FBI (225-5324), tips.fbi.gov, or by calling your local FBI field office.

Other online resources:

Violent Crimes Against Children

How we can help you: Parents and caregivers protecting your kids

An indictment or complaint is merely an allegation. The defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

MIL Security OSI –

May 13, 2025
MIL-OSI Global: As US doubles down on fossil fuels, communities will have to adapt to the consequences − yet climate adaptation funding is on the chopping block

Source: The Conversation – USA – By Bethany Bradley, Professor of Biogeography and Spatial Ecology, UMass Amherst

Salt marshes protect shorelines, but they’re already struggling to survive sea-level rise. John Greim/LightRocket via Getty Images

It’s no secret that warming temperatures, wildfires and flash floods are increasingly affecting lives across the United States. With the U.S. government now planning to ramp up fossil fuel use, the risks of these events are likely to become even more pronounced.

That leaves a big question: Is the nation prepared to adapt to the consequences?

For many years, federally funded scientists have been developing solutions to help reduce the harm climate change is causing in people’s lives and livelihoods. Yet, as with many other science programs, the White House is proposing to eliminate funding for climate adaptation science in the next federal budget, and reports suggest that the firing of federal climate adaptation scientists may be imminent.

As researchers and directors of regional Climate Adaptation Science Centers, funded by the U.S. Geological Survey since 2011, we have seen firsthand the work these programs do to protect the nation’s natural resources and their successes in helping states and tribes build resilience to climate risks.

Here are a few examples of the ways federally funded climate adaptation science conducted by university and federal researchers helps the nation weather the effects of climate change.

Protecting communities against wildfire risk

Wildfires have increasingly threatened communities and ecosystems across the U.S., exacerbated by worsening heat waves and drought.

In the Southwest, researchers with the Climate Adaptation Science Centers are developing forecasting models to identify locations at greatest risk of wildfire at different times of year.

Knowing where and when fire risks are highest allows communities to take steps to protect themselves, whether by carrying out controlled burns to remove dry vegetation, creating fire breaks to protect homes, managing invasive species that can leave forests more prone to devastating fires, or other measures.

The solutions are created with forest and wildland managers to ensure projects are viable, effective and tailored to each area. The research is then integrated into best practices for managing wildfires. The researchers also help city planners find the most effective methods to reduce fire risks in wildlands near homes.

Wildland firefighters and communities have limited resources. They need to know where the greatest risks exist to take preventive measures.
Ethan Swope/Getty Images

In Hawaii and the other Pacific islands, adaptation researchers have similarly worked to identify how drought, invasive species and land-use changes contribute to fire risk there. They use these results to create maps of high-risk fire zones to help communities take steps to reduce dry and dead undergrowth that could fuel fires and also plan for recovery after fires.

Protecting shorelines and fisheries

In the Northeast, salt marshes line large parts of the coast, providing natural buffers against storms by damping powerful ocean waves that would otherwise erode the shoreline. Their shallow, grassy waters also serve as important breeding grounds for valuable fish.

However, these marshes are at risk of drowning as sea level rises faster than the sediment can build up.

As greenhouse gases from burning fossil fuels and from other human activities accumulate in the atmosphere, they trap extra heat near Earth’s surface and in the oceans, raising temperatures. The rising temperatures melt glaciers and also cause thermal expansion of the oceans. Together, those processes are raising global sea level by about 1.3 inches per decade.

Adaptation researchers with the Climate Adaptation Science Centers have been developing local flood projections for the regions’ unique oceanographic and geophysical conditions to help protect them. Those projections are essential to help natural resource managers and municipalities plan effectively for the future.

Researchers are also collaborating with local and regional organizations on salt marsh restoration, including assessing how sediment builds up each marsh and creating procedures for restoring and monitoring the marshes.

Saving salmon in Alaska and the Northwest

In the Northwest and Alaska, salmon are struggling as temperatures rise in the streams they return to for spawning each year. Warm water can make them sluggish, putting them at greater risk from predators. When temperatures get too high, they can’t survive. Even in large rivers such as the Columbia, salmon are becoming heat stressed more often.

Adaptation researchers in both regions have been evaluating the effectiveness of fish rescues – temporarily moving salmon into captivity as seasonal streams overheat or dry up due to drought.

In Alaska, adaptation scientists have built broad partnerships with tribes, nonprofit organizations and government agencies to improve temperature measurements of remote streams, creating an early warning system for fisheries so managers can take steps to help salmon survive.

Managing invasive species

Rising temperatures can also expand the range of invasive species, which cost the U.S. economy billions of dollars each year in crop and forest losses and threaten native plants and animals.

Researchers in the Northeast and Southeast Climate Adaptation Science Centers have been working to identify and prioritize the risks from invasive species that are expanding their ranges. That helps state managers eradicate these emerging threats before they become a problem. These regional invasive species networks have become the go-to source of climate-related scientific information for thousands of invasive species managers.

The rise in the number of invasive species projected by 2050 is substantial in the Northeast and upper Midwest. Federally funded scientists develop these risk maps and work with local communities to head off invasive species damage.
Regional Invasive Species and Climate Change Network

The Northeast is a hot spot for invasive species, particularly for plants that can outcompete native wetland and grassland species and host pathogens that can harm native species.

Without proactive assessments, invasive species management becomes more difficult. Once the damage has begun, managing invasive species becomes more expensive and less effective.

Losing the nation’s ability to adapt wisely

A key part of these projects is the strong working relationships built between scientists and the natural resource managers in state, community, tribal and government agencies who can put this knowledge into practice.

With climate extremes likely to increase in the coming years, losing adaptation science will leave the United States even more vulnerable to future climate hazards.

Bethany Bradley receives funding from the US Geological Survey as the University Director of the Northeast Climate Adaptation Science Center.

Jia Hu has receives funding from the US Geological Survey as the University Director of the Southwest Climate Adaptation Science Center.

Meade Krosby receives funding from the US Geological Survey as the University Director of the Northwest Climate Adaptation Science Center.

– ref. As US doubles down on fossil fuels, communities will have to adapt to the consequences − yet climate adaptation funding is on the chopping block – https://theconversation.com/as-us-doubles-down-on-fossil-fuels-communities-will-have-to-adapt-to-the-consequences-yet-climate-adaptation-funding-is-on-the-chopping-block-256307

MIL OSI – Global Reports –

May 13, 2025
MIL-OSI: Pieridae Energy Changes Name to Cavvy Energy

Source: GlobeNewswire (MIL-OSI)

Not For Distribution to United States News Wire Services or Dissemination in United States

CALGARY, Alberta, May 12, 2025 (GLOBE NEWSWIRE) — Cavvy Energy Ltd. (formerly Pieridae Energy Limited) (“Cavvy” or the “Company”) (TSX:PEA) is pleased to announce that the Company has changed its name from Pieridae Energy Limited to Cavvy Energy Ltd., effective May 9, 2025.

The Company first announced its intention to change its name on March 27, 2025 and obtained shareholder approval for the name change at the Company’s Annual and Special Meeting of Shareholders (the “Meeting”) held on May 8, 2025. The Company received approval from the Toronto Stock Exchange (the “TSX”) in respect of the name change and expects that its common shares will begin trading on the TSX under the new name and the ticker symbol “CVVY” as of the open of markets on May 13, 2025.

Following the name change, the Company also completed the previously announced continuance out of the federal jurisdiction of Canada under the Canada Business Corporations Act and into the provincial jurisdiction of Alberta under the Business Corporations Act (Alberta) (the “ABCA”), effective May 9, 2025. As a result of the continuance, the Company now exists under and is governed by the ABCA. Additionally, in connection with the continuance, the Company has adopted new by-laws under the ABCA. The continuance, including the adoption of the new by-laws in connection therewith, was approved by shareholders at the Meeting.

No action is required to be taken by the Company’s shareholders in respect of the name change or the continuance. The Certificate and Articles of Amendment effecting the name change, Certificate and Articles of Continuance effecting the continuance and new by-laws of the Company are available on the Company’s website and under the Company’s SEDAR+ profile at www.sedarplus.ca.

About Cavvy Energy

Cavvy Energy is a Canadian energy company headquartered in Calgary, Alberta. The Company is a significant upstream producer and midstream custom processor of natural gas, NGLs, condensate, and sulphur from Western Canada. Cavvy’s vision is to provide responsible, affordable natural gas and derived products to meet society’s energy security needs.

For further information, visit www.cavvyenergy.com, or please contact:

Darcy Reding, President & Chief Executive Officer Adam Gray, Chief Financial Officer

Telephone: (403) 261-5900 Telephone: (403) 261-5900

Investor Relations
investors@cavvyenergy.com

Forward-Looking Statements

Certain of the statements contained herein may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws (collectively “forward-looking statements”), including the Company’s expectation that its common shares will begin trading under the new name and stock symbol “CVVY” on the TSX on May 13, 2025. Words such as “will”, “intend”, “expect”, “vision”, “strategy” and similar expressions may be used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management.

Forward-looking statements are based on a number of factors and assumptions which have been used to develop such forward-looking statements, but which may prove to be incorrect. Although Cavvy believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements because Cavvy can give no assurance that such expectations will prove to be correct. A number of risk factors could cause actual results to differ materially from those anticipated, expressed or implied by the forward-looking statements contained herein. For more information about the assumptions and risks associated with the forward-looking statements contained herein, see “Forward Looking Information” and “Risk Factors” in the Company’s Annual Information Form for the year ended December 31, 2024 and “Cautionary Note Regarding Forward-Looking Information” in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2024, each of which can be accessed through the Company’s SEDAR+ profile at www.sedarplus.ca.

Although the forward-looking statements contained herein are based upon what management believes to be reasonable assumptions, management cannot assure that actual results will be consistent with these forward-looking statements. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and Cavvy assumes no obligation to update or review them to reflect new events or circumstances except as required by applicable securities laws.

Neither the TSX nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release

The MIL Network –

May 13, 2025
MIL-OSI: LIS Technologies Inc. Appoints Ryan Norton as its Senior Mechanical Design Engineer
Source: GlobeNewswire (MIL-OSI)

Oak Ridge, Tennessee, May 12, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that Ryan Norton has joined the Company as its Senior Mechanical Design Engineer.

Ryan Norton is an engineer with a background in mechanical and optomechanical design and analysis for both R&D and commercial products. His experience spans research, design and analysis of downhole drilling and laser tools, surface equipment and electronics packaging for space.

Figure 1 – LIS Technologies Inc. Appoints Ryan Norton as its Senior Mechanical Design Engineer.

During his time at Foro Energy, Ryan played a pivotal role in developing high-power laser tools for the energy sector. He led the design and testing of various groundbreaking optomechanical systems like the world’s first high power optical slip ring and novel hard rock laser drilling systems using both gases and fluids. He also worked on various other technologies such as high-performance nozzles, fiber optic connectors and high-pressure laser windows. His work has resulted in multiple patents related to high-power laser energy transfer and drilling technologies.

Ryan holds a B.S. in Engineering with a Mechanical concentration and a minor in Mathematics from LeTourneau University.

“It is a pleasure to welcome Ryan to LIS Technologies at this key junction,” said Christo Liebenberg, CEO and Co-Founder of LIS Technologies Inc. “His expertise will be instrumental as we move into the next phases of CRISLA development, and he will play a key part in facilitating the demonstration activities essential to CRISLA’s growth and expansion.”

In his role, Ryan will support the development of mechanical solutions that drive advancement in the Company’s proprietary CRISLA-3G laser isotope separation technology, which was recently evaluated and determined to meet all elements required for a Technology Readiness Level (TRL) of 4.

“LIS Technologies is broadening its capabilities and assembling a team equipped with the knowledge and expertise to be a leading innovator in the space,” said Jay Yu, Executive Chairman and President of LIS Technologies Inc. “Engaging key professionals like Ryan is vital to sustaining our growth trajectory and I welcome him to the team.”

About LIS Technologies Inc.

LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

In Dec 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

For more information please visit: LaserIsTech.com

For further information, please contact:

Email: info@laseristech.com

Telephone: 800-388-5492

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Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

Attachment
- LIS Technologies Inc.
The MIL Network –
May 13, 2025
MIL-OSI Global: When does a kid become an adult?

Source: The Conversation – USA – By Jonathan B. Santo, Professor of Psychology, University of Nebraska Omaha

They might not be grown-ups yet. Klaus Vedfelt/DigitalVision via Getty Images

Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to CuriousKidsUS@theconversation.com.

When does a kid become an adult? – Avery, age 8, Los Angeles

Not everyone grows up at the same pace, even though U.S. law holds that you reach adulthood when you turn 18. This is the age where you are treated like an adult in terms of criminal responsibility. However, states differ on the “civil age of majority,” which means that you don’t necessarily get all the rights and privileges reserved for grown-ups at that point.

For example, U.S. citizens may vote or get a tattoo without their parents’ consent when they’re 18, but they can’t legally buy or consume alcohol until their 21st birthday. Young Americans are subject to extra restrictions and fees if they want to rent a car before they’re 25 – even if they got a driver’s license when they turned 16 and have been earning a living for years.

Even physical signs of maturity don’t provide an easy answer to this question. Puberty brings about physical changes associated with adulthood like facial hair or breast development. It also marks the onset of sexual maturity – being able to have children.

Those changes don’t happen at the same time for everyone.

For example, girls typically start going through puberty and beginning to look like adults at an earlier age than boys. Some people don’t look like grown-ups until they’re well into their 20s.

In my view, as a professor of developmental psychology, what really matters in terms of becoming an adult is how people feel and behave, and the responsibilities they handle.

Even if you’ve developed a sophisticated palate by the time you turn 18, you still aren’t necessarily a full-fledged adult.
nedomacki/Getty Images

Age at milestones may vary

Because everybody is unique, there’s no standard timeline for growing up. Some people learn how to control their emotions, develop the judgment to make good decisions and manage to earn enough to support themselves by the age of 18.

Others take longer.

Coming of age also varies due to cultural differences. In some families, it’s expected that you’ll remain financially dependent on your parents until your mid-20s as you get a college education or job training.

Even within one family, your personality, experiences, career path and specific circumstances can influence how soon you’d be expected to shoulder adult responsibilities.

Drew Barrymore attends a movie premiere at the age of 15 – one year after a judge declared her to be an adult in the eyes of the law through emancipation.
Ron Galella, Ltd. via GettyImages

Some young people technically enter adulthood before they turn 18 through a process called “emancipation” – a legal status indicating that a young person is responsible for their own financial affairs and medical obligations.

Economic independence is hard to attain for young teens, however, because child labor is restricted and regulated in the U.S. by federal law, with states setting some of these rules. States also determine how old you have to be to get married. In most states, that’s 18 years old. But some states allow marriage at any age.

Differentiating between kids and adults

Understanding the differences between how children and adults think can help explain when a kid becomes an adult.

For example, children tend to think concretely and may struggle more than adults with abstract concepts like justice or hypothetical scenarios.

Kids and teens also have shorter attention spans than adults and are more easily distracted, whereas adults are generally better at filtering out distractions.

What’s more, children, especially little ones, tend to have more trouble controlling their emotions. They’re more prone to crying or screaming when they are frustrated or upset than adults.

One reason why being fully grown up by the time you turn 18 or even 21 might not be possible is because of our brains. The prefrontal cortex, which is a part of the brain that plays a crucial role in planning and weighing risks, doesn’t fully develop in most people before their 25th birthday.

Making choices that have lifelong consequences

The delay in the brain’s maturity can make it hard for young adults to fully consider the real-world consequences of their actions and choices. This mismatch may explain why adolescents and people in their early 20s often engage in risky or even reckless behavior – such as driving too fast, not wearing a seatbelt, using dangerous drugs, binge drinking or stealing things.

Despite the medical evidence about the late maturation of the brain, the law doesn’t provide any leeway for whether someone has truly matured if they’re accused of a breaking the law. Once they’re 18 years old, Americans can be tried legally as adults for serious crimes, including murder.

These still-developing parts of the brain also help explain why children are more susceptible to peer pressure. For instance, adolescents are more prone to confess to crimes they didn’t commit under police interrogation, partly because they can’t properly weigh the long-term consequences of their decisions.

However, there are benefits to adolescents’ having a higher tolerance to risks and risk-taking. This can help explain why many young people are motivated to engage in protests regarding climate change and other causes.

Feeling like a real adult

In North America, some young people who by many standards are adults – in that they are over 20 years old, own a car and have a job – may not feel like they’re grown-ups regardless of what the law has to say about it. The psychologist Jeffrey Arnett coined the term “emerging adults” to describe Americans who are 21-25 years old but don’t yet feel like they’re grown-ups.

When someone becomes an adult, regardless of what the law says, really depends on the person.

There are 25-year-olds with full-time jobs and their own children who may still not feel like adults and still rely on their parents for a lot of things grown-ups typically handle. There are 17-year-olds who make all of their own doctor’s appointments, take care of their younger siblings or grandparents, and do all the grocery shopping, meal planning and laundry for their household. They probably see themselves as adults.

Growing up is about gaining experiences, making mistakes and learning from them, while also taking responsibility for your own actions. As there’s no single definition of adulthood, everyone has to decide for themselves whether or not they’ve turned into a grown-up yet.

Hello, curious kids! Do you have a question you’d like an expert to answer? Ask an adult to send your question to CuriousKidsUS@theconversation.com. Please tell us your name, age and the city where you live.

And since curiosity has no age limit – adults, let us know what you’re wondering, too. We won’t be able to answer every question, but we will do our best.

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

– ref. When does a kid become an adult? – https://theconversation.com/when-does-a-kid-become-an-adult-246287

MIL OSI – Global Reports –

May 13, 2025
MIL-OSI Video: Army 250 Legacy: The Simmons Family

Source: US Army (video statements)

About the U.S. Army:

The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

Interested in joining the U.S. Army?
Visit: spr.ly/6001igl5L

Connect with the U.S. Army online:
Web: https://www.army.mil
Facebook: https://www.facebook.com/USarmy/
X: https://www.twitter.com/USArmy
Instagram: https://www.instagram.com/usarmy/
LinkedIn: https://www.linkedin.com/company/us-army
#USArmy #Soldiers #Military #Shorts #Army

https://www.youtube.com/watch?v=ZnIQ2AbIiSY

MIL OSI Video –

May 13, 2025
MIL-OSI USA: Congressman Deluzio Announces 2025 Congressional Art Competition Winner

Source: US Congressman Chris Deluzio (PA)

Highlands High School Senior Carrah Scardina’s “American Beauty” to be Displayed in U.S. Capitol for a Year

CARNEGIE, PA — Today, Congressman Chris Deluzio announced the winner of his third annual Congressional Art Competition. Each spring, the House of Representatives sponsors a visual art competition for high school students. Young people from across the nation are invited to showcase their art and highlight their home congressional districts. This year, Congressman Deluzio is serving as the Democratic co-chair of the Congressional Art Competition.

Congressman Chris Deluzio’s office received many submissions from talented high school students across Pennsylvania’s 17th Congressional District. This year, the first-place prize goes to Carrah Scardina of Natrona Heights, a Senior at Highlands High School. Ms. Scardina’s artwork is titled American Beauty. It is a hand-painted fuchsia rose and rose bud on a 100% silk canvas.

“The creative energy of these students is inspiring” said Congressman Deluzio. “I’m grateful to everyone who submitted their work and put their imagination on display for all of us to see. Congratulations to Carrah Scardina and the other 2025 winners of the Congressional Art Competition across the country. I look forward to seeing their art displayed in the Capitol when I’m down in Washington for votes this year!”

“For my painting, I chose the American Beauty Rose, the official flower of our nation’s capital. This classic fuchsia rose captures the essence of America, and my passion all in one. This unique medium of silk painting helped me discover more techniques I love in art,” said Carrah Scardina. Thank you to Congressman Deluzio for the honor of picking my art to be displayed in the U.S. Capitol—it inspires me to keep creating and exploring my passion for art.”

A photo of Ms. Scardina is available here for use by the press.

This summer, Carrah will be honored at an event in Washington, D.C. alongside the other art competition winners from congressional districts across the country. The student art will be featured in a gallery in the United States Capitol for a full year. This gallery decorates one of the busiest corridors in the U.S. Capitol Complex, giving Members of Congress and visitors from across the nation the chance to enjoy Ms. Scardina’s work.

###

MIL OSI USA News –

May 13, 2025
MIL-OSI USA: Commencement 2025 at a Glance

Source: US State of Connecticut

It’s UConn’s most important weekend of the year.

Yes, move-in weekend is huge; and yes, the last three years have featured Final Four weekends exciting enough to keep the entire population of Connecticut glued to their screens.

But this is why we – the staff, the faculty, and above all, the students – are here in the first place.

From Saturday, May 10 through the evening of Monday, May 12, nearly 8,000 Huskies will hear their names called and walk across the stage at Gampel Pavilion, the Jorgensen Center for the Performing Arts, or the Student Union Theatre, and walk off the stage as graduates and alumni. The celebration wraps up on May 18, as the UConn School of Law confers its degrees in Hartford.

It’s a long weekend of big smiles, happy tears, and striking a pose near the statue of Jonathan or the giant U-C-O-N-N on Rte. 195, all combining to make lifelong memories of the final minutes before “student” turns into “graduate.”

University photographers Sean Flynn, Sydney Herdle, and Peter Morenus will be at all 17 ceremonies this month. Here are just a few of the unforgettable moments they captured on Saturday and Sunday.

The College of Engineering Commencement ceremony at Gampel Pavilion on May 10, 2025. (Peter Morenus/UConn Photo)

Degree candidates prepare for the College of Engineering Commencement ceremony at Greer Fieldhouse on May 10, 2025. (Peter Morenus/UConn Photo)

Graduates of the School of Social Work sit during the school’s Commencement ceremony in the Jorgensen Center for the Performing Arts on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Benjamin Rosen ’25 (ENG) gives the studen remarks during the College of Engineering Commencement ceremony at Gampel Pavilion on May 10, 2025. (Peter Morenus/UConn Photo)

President Radenka Maric speaks during the College of Engineering Commencement ceremony at Gampel Pavilion on May 10, 2025. (Peter Morenus/UConn Photo)

The College of Engineering Commencement ceremony at Gampel Pavilion on May 10, 2025. (Peter Morenus/UConn Photo)

Graduates of the Bachelor of General Studies program sit during the program’s Commencement ceremony in the Student Union Theater on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Graduates toss their caps during the College of Engineering Commencement ceremony at Gampel Pavilion on May 10, 2025. (Peter Morenus/UConn Photo)

Jonathan XIV poses with a student during the College of Agriculture, Health & Natural Resources commencement ceremony on May 10, 2025. (Sydney Herdle/UConn Photo)

The School of Business Commencement ceremony at Gampel Pavilion on May 10, 2025. (Peter Morenus/UConn Photo)

Graduates of the UConn School of Nursing stand in the Jorgensen Center for the Performing Arts after having their degrees conferred to them during the school’s Commencement ceremony on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Faculty and staff of the School of Nursing award degrees to graduate in the Jorgensen Center for the Performing Arts during the school’s Commencement ceremony on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Graduates of the School of Nursing sit in the Jorgensen Center for the Performing Arts during the school’s Commencement ceremony on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Graduates of the Bachelor of General Studies program walk down the aisle of the Student Union Theater during the program’s Commencement ceremony on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Jonathan XV leads the Commencement procession to Gampel Pavilion on May 10, 2025. (Peter Morenus/UConn Photo)

Jonathan XV greets graduates at the UConn School of Business’ Commencement ceremony in Gampel Pavilion on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Jonathan XV greets graduates at the UConn School of Business’ Commencement ceremony in Gampel Pavilion on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Jonathan XV greets graduates at the UConn School of Business’ Commencement ceremony in Gampel Pavilion on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Graduates of the School of Business walk into Gampel Pavilion on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Degree candidates prepare for the College of Engineering Commencement ceremony at Greer Fieldhouse on May 10, 2025. (Peter Morenus/UConn Photo)

Graduates of the Bachelor of General Studies program sit during the program’s Commencement ceremony in the Student Union Theater on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

UConn School of Nursing Dean Victoria Vaughan Dickson speaks during the school’s Commencement ceremony in the Jorgensen Center for the Performing Arts on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Graduates of the UConn School of Nursing have orange ribbons put on their regalia as the walk across the stage of the Jorgensen Center for the Performing Arts during the school’s Commencement ceremony on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Graduates of the UConn School of Nursing sit in the Jorgensen Center for the Performing Arts during the school’s Commencement ceremony on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)

Graduates of the Neag School of Education greet their friends and family outside of the Jorgensen Center for the Performing Arts following the school’s Commencement ceremony on Sunday, May 11, 2025. (Sydney Herdle/UConn Photo)

Graduates of the Neag School of Education accept their diplomas in the Jorgensen Center for the Performing Arts during the school’s Commencement ceremony on Sunday, May 11, 2025. (Sydney Herdle/UConn Photo)

Graduates of the Neag School of Education sit in the Jorgensen Center for the Performing Arts during the school’s Commencement ceremony on Sunday, May 11, 2025. (Sydney Herdle/UConn Photo)

Graduates of the Neag School of Education accept their diplomas in the Jorgensen Center for the Performing Arts during the school’s Commencement ceremony on Sunday, May 11, 2025. (Sydney Herdle/UConn Photo)

Dorothea Anagnostopoulos, associate dean for academic affairs of the Neag School of Education, speaks during the school’s Commencement ceremony in the Jorgensen Center for the Performing Arts on Sunday, May 11, 2025. (Sydney Herdle/UConn Photo)

UConn College of Liberal Arts and Sciences (CLAS) Commencement ceremony in Gampel Pavilion on May 10, 2025. (Sean Flynn/UConn Photo) on May 10, 2025. (Sean Flynn/UConn Photo)

UConn College of Liberal Arts and Sciences (CLAS) Commencement ceremony in Gampel Pavilion on May 10, 2025. (Sean Flynn/UConn Photo) on May 10, 2025. (Sean Flynn/UConn Photo)

UConn College of Liberal Arts and Sciences (CLAS) Commencement ceremony in Gampel Pavilion on May 11, 2025. (Sean Flynn/UConn Photo) on May 11, 2025. (Sean Flynn/UConn Photo)

UConn College of Liberal Arts and Sciences (CLAS) Commencement ceremony in Gampel Pavilion on May 11, 2025. (Sean Flynn/UConn Photo) on May 11, 2025. (Sean Flynn/UConn Photo)

UConn College of Liberal Arts and Sciences (CLAS) Commencement ceremony in Gampel Pavilion on May 10, 2025. (Sean Flynn/UConn Photo) on May 10, 2025. (Sean Flynn/UConn Photo)

UConn College of Liberal Arts and Sciences (CLAS) Commencement ceremony in Gampel Pavilion on May 10, 2025. (Sean Flynn/UConn Photo) on May 10, 2025. (Sean Flynn/UConn Photo)

UConn College of Liberal Arts and Sciences (CLAS) Commencement ceremony in Gampel Pavilion on May 10, 2025. (Sean Flynn/UConn Photo) on May 10, 2025. (Sean Flynn/UConn Photo)

MIL OSI USA News –

May 13, 2025
MIL-OSI: Inter&Co Inc. Reports Year-Over-Year Net Income Growth of 57%
Source: GlobeNewswire (MIL-OSI)

BELO HORIZONTE, Brazil, May 12, 2025 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to 37.7 million customers, today reported financial results for the first quarter of 2025.

1Q25 Highlights:
- Total clients grew to 37.7 million, with 21.6 million active clients and an activation rate of 57.2%.
- Net Income of R$287 million, excluding minority interests, up 57% YoY.
- Return on Equity of 12.9%, up from 9.2% in 1Q24.
- Efficiency Ratio continued improving and reached 48.8%, 1.3 p.p. better than 4Q24.
- NPLs over 90 days improved to 4.1%, 0.8 p.p. lower than 1Q24.
João Vitor Menin, Global CEO of Inter&Co, commented:

“Inter, by design, embodies the transformation of the banking industry. From our focus on innovation and efficient digital distribution of financial products and services, to expanding benefits and lowering costs for all our clients, we are building trust and long-term relationships that will be mutually rewarding for years to come.”

Alexandre Riccio, Brazil CEO of Inter&Co, highlighted the opportunities that lie ahead:

“We are particularly excited about the engagement with peer-to-peer payments (Pix) in Brazil, the significant uptake of our loyalty program Loop, and the record number of clients using our credit products. The new Private Payroll offering represents a key opportunity for Inter. It aligns perfectly with our business model: digital, low-cost distribution, scalable, and collateralized, with minimal overlap with our other consumer credit products.”

About the 1Q25 results, he commented that, “Our commitment to cost control has allowed us to further widen the gap between net revenue growth and expenses, achieving an efficiency level of 48.8%. In addition, Inter continues to benefit from a diversified credit model, with improving underwriting resulting in another decrease in NPL ratio to 4.1%.

“As we enter the third year of the 60/30/30 plan, we are proud that our results reflect the dedication, focus, and effectiveness of our team in implementing our strategy, delivering consistent, resilient growth and profitability.”

Conference Call
Inter&Co will discuss its 1Q2025 financial results on May 12th, 2025, at 11 a.m. ET (12 p.m. BRT). The webcast details, along with the earnings materials can be accessed on the company’s Investor Relations website at https://investors.inter.co/en/.

About Inter
Inter&Co (NASDAQ: INTR), the company that controls Banco Inter in Brazil and the subsidiary Inter&Co Payments, is the pioneering financial super app serving over 37.7 million customers across the Americas. Inter’s ecosystem offers a broad array of services, including banking, investments, mortgages, credit, insurance, and cross-border payments. The financial super app also boasts a dynamic marketplace, linking consumers with shopping discounts, cashback rewards, and exclusive access to marquee events across the globe. Focused on innovation and captivating member experiences, Inter delivers comprehensive financial and lifestyle solutions to meet the evolving needs of modern consumers.

Investor Relations:
Rafaela de Oliveira Vitória – ir@inter.co

Media Relations:
Kaio Philipe – kaio.philipe@inter.co
Chemistry Agency – interco@chemistryagency.com

Disclaimer
This report may contain forward-looking statements regarding Inter, anticipated synergies, growth plans, projected results and future strategies. While these forward-looking statements reflect our Management’s good faith beliefs, they involve known and unknown risks and uncertainties that could cause the company’s results or accrued results to differ materially from those anticipated and discussed herein. These statements are not guarantees of future performance. These risks and uncertainties include, but are not limited to, our ability to realize the number of projected synergies and the projected schedule, in addition to economic, competitive, governmental and technological factors affecting Inter, the markets, products and prices and other factors. In addition, this presentation contains managerial figures that may differ from those presented in our financial statements. The calculation methodology for these managerial numbers is presented in Inter’s quarterly earnings release. Statements contained in this report that are not facts or historical information may be forward looking statements under the terms of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may, among other things, beliefs related to the creation of value and any other statements regarding Inter. In some cases, terms such as “estimate”, “project”, “predict”, “plan”, “believe”, “can”, “expectation”, “anticipate”, “intend”, “aimed”, “potential”, “may”, “will/shall” and similar terms, or the negative of these expressions, may identify forward looking statements.

These forward-looking statements are based on Inter’s expectations and beliefs about future events and involve risks and uncertainties that could cause actual results to differ materially from current ones. Any forward-looking statement made by us in this document is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future developments or otherwise. The definition of each such operational metric is included in the earnings release available on our Investor Relations website.

For additional information that about factors that may lead to results that are different from our estimates, please refer to sections “Cautionary Statement Concerning Forward Looking Statements” and “Risk Factors” of Inter&Co Annual Report on Form 20-F. The numbers for our key metrics (Unit Economics), which include, among other, active clients and average revenue per active client (ARPAC), are calculated using Inter’s internal data. Although we believe these metrics are based on reasonable estimates, there are challenges inherent in measuring the use of our business. In addition, we continually seek to improve our estimates, which may change due to improvements or changes in methodology, in processes for calculating these metrics and, from time to time, we may discover inaccuracies and adjust to improve accuracy, including adjustments that may result in recalculating our historical metrics.

About Non-IFRS Financial Measures
To supplement the financial measures presented in this press release and related conference call, presentation, or webcast in accordance with IFRS, Inter&Co also presents non-IFRS measures of financial performance, as highlighted throughout the documents. The non-IFRS Financial Measures include, among others: Adjusted Net Income, Cost of Funding, Efficiency Ratio, Cost of Risk, Cards+PIX TPV, Gross ARPAC, Global Clients, Total Gross Revenues, and Return on average equity (ROE).

A “non-IFRS financial measure” refers to a numerical measure of Inter&Co’s historical or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with IFRS in Inter&Co’s financial statements. Inter&Co provides certain non-IFRS measures as additional information relating to its operating results as a complement to results provided in accordance with IFRS. The non-IFRS financial information presented herein should be considered together with, and not as a substitute for or superior to, the financial information presented in accordance with IFRS. There are significant limitations associated with the use of non-IFRS financial measures. Further, these measures may differ from the non-IFRS information, even where similarly titled, used by other companies and therefore should not be used to compare Inter&Co’s performance to that of other companies.

The MIL Network –
May 12, 2025
MIL-OSI: Sprott Physical Uranium Trust Raises US$25.55 Million Through Non-Brokered Private Placement
Source: GlobeNewswire (MIL-OSI)

TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE/TSX: SII) (“Sprott”) on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (“SPUT” or the “Trust”) today announced that SPUT has completed a US$25.55 million non-brokered private placement of trust units. The proceeds are expected to be used to cover general operating expenses of the Trust for the next year.

“We launched SPUT with the objective of providing investors with the most liquid and efficient way to invest in physical uranium,” said John Ciampaglia, CEO of Sprott Asset Management. “Since the Trust was launched in 2021, it has purchased approximately 48 million pounds of U₃O₈ and not sold or loaned out a single pound. I would like to take this opportunity to strongly reiterate that SPUT has the tools, including this private placement, to deliver on its intention not to sell any of the physical uranium that SPUT holds on behalf of thousands of investors. Sprott Asset Management participated in this placement alongside the subscribers and we thank all our unitholders for their continued support of SPUT.”

Key SPUT Statistics Pro Forma for the Offering:
- World’s largest physical uranium fund¹
- 66.2 million pounds of physical uranium in U₃O₈ form
- US$31.4 million of net cash
- Net asset value of US$4.64 billion
- Storage locations in Canada, the United States and France
About Sprott

Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “SII”. For more information, please visit www.sprott.com.

About SPUT

Important information about SPUT, including its investment objectives and strategies, applicable management fees, and expenses, can be found on its website at www.sprott.com. Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results.

Caution Regarding Forward-Looking Statements

This press release contains forward-looking information within the meaning of applicable Canadian securities laws (“forward looking statements”). Forward-looking statements in this press release include, without limitation, the intended use of proceeds and the Trust’s intentions with respect to the sale of physical uranium. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things: the uranium and nuclear energy market. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Trust’s continuous disclosure filings, which are available at www.sedarplus.ca. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.

Investor Contact:

Glen Williams
Senior Managing Partner
Investor and Institutional Client Relations
Direct: 416-943-4394
gwilliams@sprott.com

________________________¹ Based on Morningstar’s universe of listed commodity funds. Data as of 12/31/2024.

The MIL Network –
May 12, 2025
MIL-OSI: OTC Markets Group Welcomes Northisle Copper and Gold Inc. to OTCQX

Source: GlobeNewswire (MIL-OSI)

NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Northisle Copper and Gold Inc. (TSX-V: NCX; OTCQX: NTCPF), a Vancouver-based sustainable mineral resource company, has qualified to trade on the OTCQX® Best Market. Northisle Copper and Gold Inc. upgraded to OTCQX from the Pink® market.

Northisle Copper and Gold Inc. begins trading today on OTCQX under the symbol “NTCPF.” 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.

Sam Lee, President & CEO of Northisle, commented: “We are excited to begin trading on OTCQX, which will provide greater accessibility and visibility for Northisle among U.S. investors as we continue advancing our compelling North Island copper-gold project. With a recently completed PEA outlining a C$2.0 billion after-tax NPV and a 29% IRR, and a 2025 exploration program already underway targeting higher-margin zones and new porphyry centers, Northisle is at an inflection point. Our focus on responsible development, stakeholder engagement, and district-scale opportunity in a tier-one jurisdiction positions us to deliver long-term value. We look forward to welcoming new shareholders to participate in this exciting phase of growth.”

About Northisle Copper and Gold Inc.
Northisle Copper and Gold Inc. is a Vancouver-based company whose mission is to become Canada’s leading sustainable mineral resource company for the future. Northisle, through its 100% owned subsidiary North Island Mining Corp., owns the North Island Project, which is one of the most promising copper and gold porphyry projects in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometers northwest from the now closed Island Copper Mine operated by BHP Billiton. Since 2021, the Company has discovered two significant deposits, expanded resources, demonstrated the economic potential of the project, and is now focused on accelerating the advancement of this compelling project while exploring within this highly prospective land package.

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^TM 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.

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

The MIL Network –

May 12, 2025
MIL-OSI USA: Following Rep. Craig’s Push, Administration Allows Sale of E15 This Summer

Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

WASHINGTON, DC – Today, following U.S. Representative Angie Craig’s push, the Environmental Protection Agency (EPA) issued an emergency fuel waiver allowing the sale of E15 nationwide this summer. The announcement comes after Rep. Craig and her bipartisan colleagues wrote a letter to President Trump urging the Administration to extend the Reid vapor pressure (RVP) waiver from June 1 through September 15, 2025.

“Today’s announcement from EPA is great news for producers and consumers – and a step in the right direction toward codifying nationwide year-round E15,” said Rep. Craig. “I’ve got a bipartisan bill to lower prices at the gas pump by doing just that and it’s time to get it signed into law.”

In Congress, Rep. Craig has worked across the aisle for years to promote homegrown biofuels.

Earlier this year, she introduced her bipartisan Nationwide Consumer and Fuel Retailer Choice Act to make year-round access to E15 permanent nationwide – expanding market access for Minnesota farmers and lowering costs for drivers at the gas pump. And in February, she led a bipartisan letter to newly confirmed Environmental Protection Agency (EPA) Administrator Lee Zeldin, urging the Agency to prioritize biofuels as part of the Administration’s energy agenda.

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MIL OSI USA News –

May 12, 2025
MIL-OSI USA: Rep. Craig, Senators Klobuchar and Smith Demand Answers on Frozen Energy Projects for Rural Minnesota

Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

WASHINGTON, DC – U.S. Representative Angie Craig (MN-02) and Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) demanded answers from the Administration about the status of key renewable energy projects that help Minnesota farmers and small businesses lower their costs.

In a letter to Department of Agriculture Secretary Brooke Rollins, the Members pressed the Administration on their decision to freeze critical Rural Energy for America Program (REAP) grants set aside for agricultural producers and rural small businesses to install renewable, clean energy systems or make their operations more energy efficient.

“We write to express our deep concern over reports that hundreds of contracted awards under the Rural Energy for America Program (REAP) remain frozen and inaccessible to Minnesota farmers and rural small businesses,” the lawmakers wrote. “This back and forth from the Department on a critical program has created a lot of uncertainty for rural communities in Minnesota.”

“Since its inception in the bipartisan Farm Bill in 2008, REAP has provided grants and loans that have helped more than 21,000 farms and rural businesses nationwide access affordable, renewable energy and energy efficiency systems,” the lawmakers continued. “Farmers have invested thousands of their own dollars into these projects because they are counting on the Federal government to uphold its commitments. At a time when the cost of operations is high and farmers’ access to markets is uncertain, supporting American farmers is critical.”

You can read the full letter here.

MIL OSI USA News –

May 12, 2025
MIL-OSI USA: Rep. Angie Craig Introduces Bipartisan Bill to Eliminate Tax Breaks for Pharmaceutical Companies

Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

WASHINGTON, DC – U.S. Representative Angie Craig recently introduced a bipartisan bill to eliminate tax breaks for pharmaceutical companies on prescription drug advertising. The bipartisan No Handouts for Drug Advertisements Act would eliminate the tax deduction companies can claim for pharmaceutical marketing and promotional expenses related to advertising on television, radio, social media and other common platforms.

The bill was co-introduced by Reps. Greg Murphy (R-NC), Nick Begich (R-AK) and Hillary Scholten (D-MI).

“We shouldn’t be cutting taxes for Big Pharma – especially for spending on direct-to-consumer advertisements that may lead to overprescribing and massive profits for drug companies,” said Rep. Craig. “It’s time we start holding Big Pharma accountable and investing in lower health care costs for consumers.”

In 2023, overall pharmaceutical expenditures in the US grew 13.6% compared to 2022, for a total of $722.5 billion. The U.S. Government Accountability Office found that nearly all direct-to-consumer (DTC) spending was on brand-name drugs, with about two-thirds concentrated on 39 drugs. The industry spent approximately $6 billion per year on U.S. DTC advertising.

The Campaign for Sustainable Rx Pricing estimates that prohibiting pharmaceutical advertising could increase federal tax revenues by $1.5 to $1.7 billion annually from 10 of the largest pharmaceutical companies operating in the U.S.

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MIL OSI USA News –

May 12, 2025
MIL-OSI USA: Rep. Craig Introduces Bill to Cut Taxes for Small Business Owners

Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

WASHINGTON, DC – Today, during Small Business Week, U.S. Representative Angie Craig re-introduced her bill to cut taxes for small businesses and put more money back into Minnesotans’ pockets.

Rep. Craig’s Small Business Tax Relief Act will cut the corporate tax rate for small businesses to 18%, increase the self-employment tax deduction for small business owners and help reduce the national deficit.

“Small businesses are the backbone of Minnesota’s economy, and we should be doing everything we can to make it easier for them to start and grow their operations,” said Rep. Craig. “While the Administration remains hell-bent on advancing a tax cut for billionaires and corporations, I’m leading the charge to cut taxes for working Minnesotans and small business owners.”

Full text of the Small Business Tax Relief Act can be found here.

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MIL OSI USA News –

May 12, 2025
MIL-OSI USA: Rep. Craig Blasts Administration’s Proposal to Cut Head Start Programs

Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

WASHINGTON, DC – Today, U.S. Representative Angie Craig led 89 of her Congressional colleagues in blasting the Administration’s decision to eliminate critical Head Start programs that promote early childhood development and ease the burden of child care on working families.

In a letter to President Donald Trump and Department of Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., the lawmakers demanded answers from the Administration about how they intend to fill the gap left by the potential elimination of Head Start and support students, teachers and parents who benefit from these programs.

“A shutdown of Head Start programming would have devastating, far-reaching impacts for nearly half a million children, families and local communities,” the Members wrote. “Over 800,000 children benefit from attending 17,000 Head Start Centers across the country, strengthening their early education and providing developmental screenings.”

“Additionally, the National Head Start Association estimates that more than one million parents who use Head Start and Early Start centers would lose necessary child care, impacting their ability to attend in-person work, causing further workforce disruptions,” the Members continued. “The impacts of these cuts would be generational and long-lasting.”

The Members concluded, “While we share the Administration’s goal of rooting out waste and abuse in government, attempting to defund early education programming and indiscriminately attacking our nation’s most vulnerable families is not the appropriate way to increase government efficiency.”

Rep. Craig has long fought to protect education in Minnesota and across the country. She has been a fierce critic of the Administration’s efforts to defund the Department of Education.

This Congress, she co-sponsored the Department of Education Protection Act, which would prohibit Congressional funds from being used to fire agency workers or drastically alter the Department of Education. She also led a joint resolution opposing cuts to the Department of Education and condemning any Congressional or Executive action that attempts to dismantle the Department.

In a show of support for Minnesota’s educators and in opposition to the Administration’s proposed cuts to education funding, Rep. Craig invited Education Minnesota President Denise Specht as her guest to this year’s State of the Union.

You can read the full letter here.

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MIL OSI USA News –

May 12, 2025
MIL-OSI United Kingdom: Government announces confirmed Chair and Board appointments to the S4C Board
Source: United Kingdom – Executive Government & Departments

News story

Government announces confirmed Chair and Board appointments to the S4C Board

Delyth Evans is confirmed as the new Chair of S4C. Denise Lewis Poulton is reappointed and five new appointments have been made to the Board.
Delyth Evan

Delyth Evans’ term as Chair commenced on 1 May 2025 and will last for 4 years. Delyth Evans appeared before the Welsh Affairs Committee on Wednesday 23rd April for pre- appointment scrutiny. The Committee published their report on Friday 25 April, endorsing the appointment. The Government’s response to the Committee’s report was published on 30 April 2025.

This process for appointing the Chair of S4C is set out in the Broadcasting Act 1990.

Ministers were assisted in their decision-making by an Advisory Assessment Panel which included a departmental official and a senior independent panel member approved by the Commissioner for Public Appointments. The Welsh Government and UK Government Wales office were also represented on the Panel.

Delyth has declared she worked as a speechwriter for John Smith MP, Leader of the Labour Party between 1992-94. She worked as a special adviser to Alun Michael, First Minister of the Welsh Assembly between 1999-2000. She became a Member of the Welsh Assembly, representing the Mid and West Wales constituency for the Labour Party, between 2000-2003. She stood as a Labour Parliamentary Candidate for the Carmarthen West and South Pembrokeshire Constituency at the 2015 General Election. She has not undertaken any political activity since 2015.

Denise Lewis Poulton is reappointed to the Board

Denise is an experienced non-executive director, trustee and senior advisor to private, public and third sector bodies. She specialises in strategic communications, brand and corporate affairs. She spent her corporate career primarily as a senior director at international telecommunications companies such as Bell Canada plc, Cable & Wireless Communications plc and Orange plc. She went on to set up a consultancy business advising a number of cultural, media and public sector organisations including the Welsh Government, The Senedd S4C and the Millennium Centre in Cardiff.

Denise is a Trustee of the National Lottery Heritage Fund and National Heritage Memorial Fund and Chair of the Wales Committee. She has also chaired the NLHF’s Grant-in-Aid programme on behalf of Welsh Government. She has served as a Trustee and Non-Executive Director with several charitable and national cultural organisations including The Welsh National Opera, the Hay Literary Festival and The Wallace Collection in London. She is an Honorary Lifetime Fellow of BAFTA.

Five new Board Members have been appointed to the Board of S4C

William Dyfrig Davies

William Dyfrig Davies is an experienced leader in the Welsh media industry with 30 years of experience in radio, television, and digital content creation. Starting as a researcher, he was trained as Director, Producer, Executive Producer, and ultimately Managing Director of Telesgop Independent Media Company before retiring earlier this year. Davies played a key role in TAC (Independent TV Production Association) for many years, serving as Chair for over three years. His extensive expertise in the Welsh production sector equips him to tackle the challenges faced by industry professionals. He is experienced in dealing with broadcasters, politicians and industry leaders. He chaired the Urdd, the youth movement of Wales, where he honed skills in guiding organizations through strategic changes during the covid pandemic. He remains a trustee and believes strongly in promoting opportunities for the youth of Wales.

A strong advocate for S4C’s independence, Dyfrig Davies believes in its vital role in promoting Welsh language, culture, and the economy. His interests lie in Welsh culture and sports. Recently, he returned to his roots to support family businesses in west Wales.

William Dyfrig Davies declared he has canvassed in the past on behalf of Plaid Cymru for county council/local authority, Senedd and Parliament elections, but not for at least 10 years.

Dr Gwennllian Lansdown-Davies

Dr Gwenllian Lansdown Davies is originally from Bangor but now lives with her husband and four children in Llanerfyl, Powys. After being elected to represent Riverside on Cardiff County Council in 2004, she worked as Office Manager for Leanne Wood MS in the Rhondda before being appointed Plaid Cymru’s Chief Executive in 2007. After working for the Coleg Cymraeg Cenedlaethol at Aberystwyth University, she became Chief Executive of Mudiad Meithrin (a voluntary organisation and main provider and enabler of Welsh- medium early years childcare and education in the voluntary sector with over 1000 settings all over the country) in 2014.

Gwenllian is on the Board of the Commission for Tertiary Education and Research and the National Lottery Fund in Wales and volunteers at her local Cylch Meithrin on the committee as the RI.

Dr Gwenllian Lansdown Davies declared she obtained office as a Plaid Cymru Councillor (2004-2011), Stood as a candidate for Plaid Cymru where she stood for the last time in 2008 as Councillor and MEP and has spoken on behalf of the Plaid Cymru CEO until 2011. She has acted as a political agent for the Plaid Cymru CEO until 2011 and was a branch official. She has also canvassed on behalf of the party until 2011.

Catryn Ramasut

Catryn Ramasut is a strategic leader and entrepreneurial media practitioner with over 25 years of experience in the creative industries and arts organisations. A Cardiff-born, Welsh-speaking woman of mixed heritage, she brings a unique perspective to Wales’s cultural landscape. Catryn co-founded and served as Managing Director of award-winning ie ie productions, producing acclaimed films like “American Interior” and “Rockfield: The Studio on the Farm,” alongside critically recognised television content. Recently, she co-produced “Brides,” which premiered at the 2025 Sundance Film Festival.

She represents Wales on the DCMS Creative Industries Council, was the inaugural Chair of Creative Wales, Welsh Government and a board member of Chapter Arts Centre. Catryn has recently been appointed Director of Arts at Arts Council of Wales, where she provides strategic leadership across the sector. Committed to revitalising Wales’s creative industries, Catryn combines cultural sensitivity with strategic innovation to develop a forward-thinking vision that embraces diversity, nurtures talent, and showcases Welsh creativity on the international stage.

Catryn has declared she has applied independently but has no other political activity.

Wyn Innes

Wyn is a Chartered Accountant, who trained with Grant Thornton and Price Waterhouse with over 30 years experience working in both the Public and Private Sectors. He is currently Chief Financial Officer and Board Director of Ogi, Wales’s largest independent full fibre broadband business.

Previously Wyn worked in both London and Cardiff in executive, financial and commercial roles. He was Managing Director of S4C’s commercial companies for 7 years. This included being CEO of SDN, a Digital Television Multiplex Company which he oversaw the sale of to ITV. Wyn was born in Cardiff and attended Bryntaf Cardiff’s only Welsh language Primary school at the time, and Ysgol Gyfun Llanhari. He is passionate about extending the role of the Welsh language and sees S4C as having a pivotal role in this endeavour. Married with three grown up children, in his spare time he enjoys playing cricket, golf and running whenever he can.

Wyn Innes declared he has undertaken no political activity.

Betsan Powys

Betsan Powys was, for nearly three decades, a BBC journalist, a news and current affairs reporter and for some years, a member of the ITV Wales Current Affairs team. She won BT and BAFTA Wales journalism awards and became part of the prestigious BBC Panorama reporting team, before returning to Cardiff to cover the impact of devolution as BBC Wales Political Editor. She was responsible for leading BBC Wales’ election and referendum broadcasting for many years, appearing regularly on both network television and radio. Betsan became Editor of Welsh language radio and online services and subsequently, a BBC Wales board member. For some years now she’s been working as a freelance and is proud to have been honoured with fellowships of Aberystwyth University and the Radio Academy.

Betsan Powys has declared she has undertaken no political activity.

Notes to Editors

S4C (Sianel Pedwar Cymru, meaning “Channel 4 Wales”) is a British Welsh-language free-to-air television channel.

The Chair of S4C is remunerated at £40,000 per annum and the time commitment will be equivalent to an average of two days a week.

The Board members of S4C are remunerated at £9,650 per annum and the time commitment is on average of one day a week.The Broadcasting Act sets out how the Chair will be appointed.

These appointments have been made in accordance with the Governance Code on Public Appointments. The appointments process is regulated by the Commissioner for Public Appointments.

DCMS has around 400 regulated Public Appointment roles across 42 Public Bodies including Arts Council England, Theatres Trust, the National Gallery, UK Sport and the Gambling Commission. We encourage applications from talented individuals from all backgrounds and across the whole of the United Kingdom. To find out more about Public Appointments or to apply visit the HM Government Public Appointments Website.

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Published 12 May 2025
MIL OSI United Kingdom –
May 12, 2025
MIL-OSI: Hut 8 Subsidiary American Bitcoin Announces Go-Public Transaction

Source: GlobeNewswire (MIL-OSI)

MIAMI, May 12, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that its majority-owned subsidiary, American Bitcoin, has entered into a definitive merger agreement to go public with Gryphon Digital Mining, Inc. (Nasdaq: GRYP) (“Gryphon”) pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction.

Upon closing, the combined company will operate under the American Bitcoin brand, led by the American Bitcoin board of directors, including Mike Ho, Asher Genoot, Justin Mateen, and Michael Broukhim, and management team, including Mike Ho, Matt Prusak, and Eric Trump. The combined company is expected to trade on Nasdaq under the ticker symbol “ABTC.” The transaction is expected to close as early as Q3 2025.

“This transaction marks the next step in scaling American Bitcoin as a purpose-built vehicle for low-cost Bitcoin accumulation at scale,” said Asher Genoot, CEO of Hut 8. “By taking American Bitcoin public, we expect to unlock direct access to dedicated growth capital independent of Hut 8’s balance sheet, while preserving long-term exposure to Bitcoin upside for our shareholders.”

Existing stockholders of American Bitcoin are expected to own approximately 98% of the combined company. Immediately following the completion of the transaction, the Company will beneficially own a majority of the issued and outstanding capital stock of the combined company.

Following the transaction, Hut 8 will continue to serve as American Bitcoin’s exclusive infrastructure and operations partner through a series of long-term commercial agreements expected to generate stable, contracted revenue streams in Hut 8’s Power and Digital Infrastructure segments.

Additional Transaction Information

American Bitcoin has made available on its website a presentation with additional information concerning the transaction.

Supplemental Materials and Upcoming Communications

For important news and information regarding the Company, including investor presentations and timing of future investor conferences, visit the Investor Relations section of the Company’s website, https://hut8.com/investors, and its social media accounts, including on X and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.

About Hut 8

Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

About American Bitcoin

American Bitcoin is a Bitcoin accumulation platform focused on building American’s Bitcoin infrastructure backbone. A majority-owned subsidiary of Hut 8, the company combines Hut 8’s proven mining operations, cost-efficient infrastructure development capabilities, and disciplined approach to capital allocation with Eric Trump’s commercial acumen, capital markets expertise, and commitment to the advancement of decentralized financial systems. For more information, visit www.americanbtc.com and follow the company on X at @AmericanBTC.

Cautionary Note Regarding Forward–Looking Information

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements, include, but are not limited to, statements relating to the structure, timing, and completion of the proposed transaction between American Bitcoin and Gryphon, the combined company’s listing on Nasdaq after the closing of the proposed transaction, the expected management and board of directors of the combined company, American Bitcoin’s capital markets access, Hut 8’s ability to preserve long-term exposure to Bitcoin upside for its shareholders, Hut 8’s ownership interest in the combined company, Hut 8’s exclusive provision of infrastructure and operations services to American Bitcoin, and the vision, goals, and trajectory of American Bitcoin and the combined company.

Forward-looking statements are not statements of historical fact, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to: the occurrence of any event, change, or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not satisfied on a timely basis or at all, including the failure to timely obtain stockholder approval for the proposed transaction from Gryphon’s stockholders, if at all; risks related to Gryphon’s continued listing on Nasdaq until closing of the proposed transaction; the outcome of any legal proceedings that may be instituted against American Bitcoin, Gryphon, or the combined company; the possibility that the anticipated benefits of the proposed transaction to the parties or to Hut 8 are not realized when expected or at all; the possibility that the vision, goals, and trajectory of the combined company are not timely achieved or realized or achieved or realized at all; the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected; the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events; the diversion of management’s attention from ongoing business operations and opportunities; changes in Gryphon’s stock price before closing; and other factors that may affect future results of American Bitcoin, Gryphon, or the combined company. Additional factors that could cause results to differ materially from those described above can be found in Gryphon’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024 and other documents subsequently filed by Gryphon with the Securities Exchange Commission (the “SEC”), and in the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

Additional Information About the Proposed Transaction and Where to Find It

This press release relates to a proposed transaction between American Bitcoin and Gryphon. In connection with the proposed transaction, Gryphon intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement) to register the Class A common stock to be issued by Gryphon in connection with the proposed transaction. The Registration Statement will include a proxy statement of Gryphon and a prospectus of Gryphon (the “Proxy Statement/Prospectus”), and each of American Bitcoin and Gryphon may file with the SEC other relevant documents concerning the proposed transaction. After the Registration Statement is declared effective, the definitive Proxy Statement/Prospectus will be sent to the stockholders of Gryphon to seek their approval of the proposed transaction. This press release is not a substitute for the Registration Statement, the Proxy Statement/Prospectus or any other relevant documents that American Bitcoin or Gryphon has filed or will file with the SEC. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF GRYPHON ARE URGED TO CAREFULLY AND ENTIRELY READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT AMERICAN BITCOIN, GRYPHON, THE PROPOSED TRANSACTION, AND RELATED MATTERS.

A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other relevant documents filed by American Bitcoin and Gryphon with the SEC, may be obtained free of charge, when they become available, at the SEC’s website at www.sec.gov. You will also be able to obtain these documents free of charge, when they are available, by directing a request to Gryphon’s Investor Relations department at 646-755-7412 or emailing James@HaydenIR.com. The information on the Company’s, American Bitcoin’s, or Gryphon’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

Participants in the Solicitation

American Bitcoin, Gryphon and certain of their respective directors, executive officers, and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Gryphon, their ownership of Gryphon common stock, and Gryphon’s transactions with related persons is set forth in its Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on March 31, 2025, the definitive proxy statement for Gryphon’s 2024 annual meeting of stockholders, as filed with the SEC on August 7, 2024, the definitive proxy statement for Gryphon’s 2025 special meeting of stockholders, as filed with the SEC on April 21, 2025, and other documents that may be filed from time to time with the SEC. Additional information about the directors and executive officers of American Bitcoin and Gryphon and other persons who may be deemed to be participants in the solicitation of stockholders of Gryphon in connection with the proposed transaction and a description of their direct and indirect interests will be included in the Proxy Statement/Prospectus related to the proposed transaction or other relevant materials, which will be filed with the SEC. These documents may be obtained free of charge, when they become available, at the SEC’s website at www.sec.gov and from Gryphon using the sources indicated above.

No Offer or Solicitation

This communication is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy or sell any securities or the solicitation of any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or in a transaction exempt from the registration requirements of the Securities Act.

Hut 8 Corp. Investor Relations
Sue Ennis
ir@hut8.com

Hut 8 Corp. Public Relations
Gautier Lemyze-Young
media@hut8.com

The MIL Network –

May 12, 2025
MIL-OSI USA News: Fact Sheet: President Donald J. Trump Secures a Historic Trade Win for the United States
Source: The White House
SECURING ANOTHER HISTORIC DEAL: Today, on the heels of the brand-new deal with the United Kingdom, President Donald J. Trump reached an agreement with China to reduce China’s tariffs and eliminate retaliation, retain a U.S. baseline tariff on China, and set a path for future discussions to open market access for American exports.

Today, the United States issued the first joint statement on trade in many years with China after successful negotiations over the weekend in Geneva, Switzerland.

Both parties affirmed the importance of the critical bilateral economic and trade relationship between both countries and the global economy.

For too long, unfair trade practices and America’s massive trade deficit with China have fueled the offshoring of American jobs and the decline of our manufacturing sector.

In reaching an agreement, the United States and China will each lower tariffs by 115% while retaining an additional 10% tariff. Other U.S. measures will remain in place.

Both sides will take these actions by May 14, 2025.

This trade deal is a win for the United States, demonstrating President Trump’s unparalleled expertise in securing deals that benefit the American people.

CHINESE ACTIONS: China will remove the retaliatory tariffs it announced since April 4, 2025, and will also suspend or remove the non-tariff countermeasures taken against the United States since April 2, 2025.

China will also suspend its initial 34% tariff on the United States it announced on April 4, 2025 for 90 days, but will retain a 10% tariff during the period of the pause.

AMERICAN ACTIONS: The United States will remove the additional tariffs it imposed on China on April 8 and April 9, 2025, but will retain all duties imposed on China prior to April 2, 2025, including Section 301 tariffs, Section 232 tariffs, tariffs imposed in response to the fentanyl national emergency invoked pursuant to the International Emergency Economic Powers Act, and Most Favored Nation tariffs.

The United States will suspend its 34% reciprocal tariff imposed on April 2, 2025 for 90 days, but retain a 10% tariff during the period of the pause.

The 10% tariff continues to set a fair baseline that encourages domestic production, strengthens our supply chains and ensures that American trade policy supports American workers first, instead of undercutting them.

By imposing reciprocal tariffs, President Trump is ensuring our trade policy works for the American economy, addresses our national emergency brought on by our growing and persistent trade deficit, and levels the playing field for American workers and producers.

Unlike previous administrations, President Trump took a tough, uncompromising stance on China to protect American interests and stop unfair trade practices.

WORKING TOWARDS A REBALANCING: When these changes come into effect, both nations agreed to establish a mechanism to continue important discussions about trade and economics.

The U.S. goods trade deficit with China was $295.4 billion in 2024—the largest with any trading partner.

Today’s agreement works toward addressing these imbalances to deliver real, lasting benefits to American workers, famers, and businesses.

As our nations continue these discussions, China will be represented by He Lifeng, Vice Premier of the State Council.

The United States will be represented by Scott Bessent, Secretary of the Treasury, and Jamieson Greer, United States Trade Representative.

ADDRESSING THE FENTANYL CRISIS: The United States and China will take aggressive actions to stem the flow of fentanyl and other precursors from China to illicit drug producers in North America.
MIL OSI USA News –
May 12, 2025
MIL-OSI USA: Rock, Glass, and Flowbands: Yellowstone’s Rhyolite Anatomy

Source: US Geological Survey

Schematic cartoon of an idealized rhyolite lava flow with structures identified. Figure modified from Sweetkind et al. (2015) [https://dx.doi.org/10.3133/sir20155022].

Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week’s contribution is from Drew White, graduate student, and Lauren Harrison, assistant professor, both in the Warner College of Natural Resources at Colorado State University.

The Yellowstone Plateau Volcanic Field is one of the largest rhyolite fields on the planet and well known for its voluminous high-silica lava flows and ignimbrites (ash flows caused by massive explosive eruptions that result in thick volcanic deposits). The most recent eruptive phase of large rhyolite lava flows are the Central Plateau Member rhyolites, the youngest of which is 70 thousand years old. The high-silica composition results in a very viscous (sticky and resistant to flow, like toothpaste) lava with characteristic textures that record how the lava flow developed. Let’s take a closer look at these textures as they would be observed in a cross-sectional outcrop of a rhyolite flow, starting from the bottom and moving upward.

Photos of Central Plateau Member rhyolite flow structures from the Yellowstone Plateau Volcanic Field. A) An ogive from a road cut along Firehole Lake Drive. Ogives are pressure ridges that form perpendicular to the direction of flow from the compressive stresses that deform the highly viscous lava as it moves. B) A roadside outcrop exhibits rhyolitic flow banding, including an obsidian-dominated band (the glassy black rock) near the bottom of the outcrop. Photos by Lauren Harrison, Colorado State University, taken in May 2024.

As the lava erupts, it is pushed through a volcanic conduit that connects the subsurface magma reservoir to the surface. Once it emerges at the surface, the exterior quickly quenches into a glassy carapace as the hot (~700–800 °C, or ~1300–1500 °F) magma contacts the cool air. This carapace starts to fragment under the stress of the still-molten flowing interior, which results in blocks that form a “flow breccia” that makes up both the bottom and top parts of the flow. The part of the carapace that is not fragmented is the glassy zone known as the “obsidian zone.” Obsidian is a volcanic glass that cools so rapidly crystals do not have time to form. There is also a very distinct core to a rhyolite flow that consists of dense, “stony” rhyolite that exhibits flow banding—swirls in the rock that form during both the movement and cooling of the flow. A temperature gradient forms through the flow as it cools from the outside inward, varying properties of the lava such as viscosity, which is lower at higher temperatures (the hot molten center of the flow will have a lower viscosity and move slightly faster). This variation causes deformation and orientation of crystals and glass in the lava that can result in the banding pattern. The flow bands are mostly parallel to the base of the flow and become more vertical towards the center of the flow, reflecting how the hotter, less viscous interior was able to deform more readily than the cooler margins during emplacement.

As the flow cools, exsolution of gases such as water vapor plays a major role in the formation of textures. During the cooling process, the solubility of different gases decreases, causing them to escape from solution and form bubbles. If these bubbles are trapped in the lava, the final solidified rock will have small holes, called vesicles, that are a good indication of the amount of gas exsolution that occurred in that part of the lava flow. In fact, the occurrence of vesicles decreases from many at the top of the lava flow to almost none in the center! If these bubbles were present while the lava was still flowing, they may be stretched in the direction of flow.

Rhyolite lava flow textures from Long Valley and Yellowstone calderas. A) Photograph of well-developed spherulites in a lava flow from Long Valley Caldera in Eastern California. This high-silica rhyolite flow is very similar to the Central Plateau Member rhyolites of the Yellowstone Plateau Volcanic Field and exhibits many of the same textures. Here, spherulites form from volcanic glass losing gases and causing the very fast crystallization of quartz and feldspar needles that radiate concentrically from a central nucleation point. The largest spherulites in the photo are the size of a hand. B) A flow banded high-silica rhyolite from Yellowstone National Park. Hand lens for scale. Photographs by Lauren Harrison, Colorado State University, taken in May 2024.

If the bubbles coalesce enough to form a permeable network, the volatiles will move upward to escape the flow into the atmosphere, causing alteration of the surrounding lava and turning it red from oxidation. If a lot of vapors are exsolved upon further cooling of the lava, spherulites can develop. Spherulites are circular features of radially growing crystals that form when volcanic glass loses gases during cooling (which is a process called devitrification). They often develop in the glassy margins of a rhyolite flow. Other textures caused by gas escape are most noticeable towards the top of the flow where there is a such a high concentration of vesicles that it forms a frothy glass—pumice—where there are more vesicles than actual lava.

As the flow finally cools and begins to solidify, the upper part of the carapace begins to fracture, creating an upper flow breccia similar to the basal flow breccia. While the top and bottom breccias are both the result of fragmentation of a glassy carapace, they record different parts of the emplacement process. The base records early cooling and stress caused by motion of the lava flow, while the top records brittle cooling, contraction, and degassing processes.

Together, all these observed textures record a history of emplacement processes that can be observed in rhyolites globally. Many of these features are hard to see in Yellowstone National Park due to the huge scale of the rhyolite flows, and because many of the flows have been eroded by glaciers since they erupted, but there are some great exposures in outcrops and road cuts—for example, along Firehole Canyon Drive, a few miles south of Madison Junction. Take a look at the outcrops alongside the road to see if you can tell whether you are looking at the bottom, center, or top of an old rhyolite flow!

Photos of flow breccia in Central Plateau Member rhyolites in Yellowstone National Park. A) Flow breccia observed in a drill core from the Lower Geyser Basin. The angular, light-colored clasts are fragments of the original lava carapace, broken and incorporated into the flow as it advanced. B) Flow breccia exposed in a road cut along Firehole Canyon Drive. The size of the breccia blocks varies significantly between both of these examples, illustrating the diversity of size and texture produced during emplacement. Photographs by Drew White (Colorado State University), taken in January 2025 (A) and Lauren Harrison (Colorado State University), taken in May 2024 (B).

MIL OSI USA News –

May 12, 2025
MIL-OSI: Enwave Announces Expansion of Energy from Waste District Heating Facility in Prince Edward Island, Avoiding Landfill for Nearly 90% of the Black Cart Residential Waste in Province

Source: GlobeNewswire (MIL-OSI)

TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — Enwave Energy Corporation (Enwave) has announced today the commitment to build a new waste processing facility in Prince Edward Island, beginning this fall. The facility will be in operation by 2028 and will replace the existing end-of-life system. Enwave, in partnership with the Province of Prince Edward Island, has proudly undertaken this expansion to address the growing need to identify sustainable waste solutions in the province.

The existing district energy plant converts municipal solid waste and biomass — scrap wood from forest harvesting operations — to energy and provides that energy to its customers through the interconnected district energy network. After nearly thirty years of operation, the plant is approaching end-of-life and will be replaced with the new, expanded facility. Since 2017, the Province of Prince Edward Island and Enwave have collaborated on this project with a united goal to reduce waste and Greenhouse Gas (GHG) emissions at a time when sustainable waste solutions are needed more than ever.

This new, state-of-the-art facility is capable of processing 90% of the province’s total black cart residential waste, significantly reducing landfill waste. The expansion of this critical facility will significantly replace the use of fuel oil for heating while providing further reliability and redundancy to more than 145 connected buildings in Charlottetown, the province’s capital city, including the Queen Elizabeth Hospital, the University of Prince Edward Island, schools and residences. Enwave’s district energy system has a proven track record as a reliable and critical source of energy in the province, having maintained uninterrupted operations to critical customers during recent natural phenomena such as hurricanes Juan, Dorian and Fiona, as well as during the hurricane-strength blizzard, White Juan, in 2004.

Rendering of Enwave’s new waste processing facility in Prince Edward Island, anticipated to be in operation by 2028 to replace the existing end-of-life system.

Enwave brings more than thirty years of experience in advanced Waste-to-Energy systems to the project, a proven path to avoiding landfill waste and reducing GHG emissions. Through this expansion, the annual impact of avoiding landfill by using up to 49,000 tonnes of municipal solid waste for heating will amount to GHG savings of up to 908,000 tonnes of CO2e by 2052, equivalent to taking 278,000 cars off the road.

Leveraging Waste-to-Energy technology provides a real solution and tangible option for communities around the country to reduce the need for additional landfills and help to meet carbon emission reduction targets. With global waste forecasted to increase 70% by 2050, this project is a testament to scalable and sustainable pathways that directly address concerns of rising waste.

“We are very grateful for the support and confidence of the government of PEI and the people of this province, enabling us to make this long-term commitment as a critical energy partner,” says Carlyle Coutinho, CEO of Enwave Energy Corporation. “The eight-year journey to get to this point has seen many hurdles, however both Enwave and the province have remained committed to making this expansion a reality. This project is an example of how governments and private companies can work together to achieve long-term, sustainable solutions at scale through a shared purpose, creating a better world for today and generations to come.”

“Waste to Energy technology is a great example of a sustainable, innovative solution to meeting PEI’s energy needs,” says PEI Environment, Energy and Climate Action Minister Gilles Arsenault. “This expansion helps us continue to minimize energy costs for important provincial buildings and reduce greenhouse gas emissions. As an added benefit, using this waste for energy helps us extend the life of our existing landfill.”

Enwave’s expansion of the waste processing facility and operations will nearly double existing waste processing capacity while directly aligning with Charlottetown’s Vision for a Sustainable Energy Future by transitioning to renewable clean energy and incorporating sustainable innovation and technology.

“The CIB is proud to be a part of this project given the important role it will play in modernizing the city’s district energy system, ensuring affordable and clean energy supply to more than 145 connected buildings in the Charlottetown core,” says Ehren Cory, CEO, Canada Infrastructure Bank.

The new waste processing facility expansion is supported financially by the Canadian Infrastructure Bank through an aggregate facility of $600M supporting innovative energy projects across Enwave’s portfolio, including Lakeview Village in Mississauga, Ontario (Wastewater Heat Recovery technology), Etobicoke Civic Centre in Toronto (Geo-exchange technology), and this project in PEI (Waste-to-Energy technology).

Enwave has worked closely alongside key partners that are critical to the success of the PEI expansion project, including Maple Reindeers Constructors Ltd., Marco Group, Ramboll Group A/S, Coles Associates Ltd., Stantec, Martin GmbH, ANDRITZ TEP, LAB SA and Kone Cranes Canada Inc.

A ceremony announcing the official groundbreaking of the new waste processing facility will take place in the fall of 2025.

About Enwave

Enwave is one of the largest commercial owner and operators of community-based district energy systems in North America. They develop reliable, commercial and sustainable energy solutions at scale, tailored to the unique needs of municipalities, commercial developments, universities, hospitals, data centres and residential communities. Enwave provides thermal energy services to over 100 million square feet of mixed-use space across Canada using a variety of technologies including Deep Lake Water Cooling, thermal storage, geoexchange, biomass and energy-from-waste. Enwave was acquired by Ontario Teachers’ Pension Plan & IFM Investors in 2021. Since its founding over 20 years ago, Enwave has invested over $1 billion in Canadian infrastructure.

https://www.enwave.com

For more information, interview requests or high-res images please contact:

Katie Good, GoodPR
katie@goodpr.ca
(416) 540-2195

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/09037f6e-0b81-4106-acf2-051e5ef0ebc3

The MIL Network –

May 12, 2025

MIL-OSI: Real Money Online Casinos: 7Bit Casino Chosen as the Best Real Money Casino of 2025

Source: GlobeNewswire (MIL-OSI)

JERSEY CITY, N.J., May 12, 2025 (GLOBE NEWSWIRE) — Are you looking for the best real money online casino in 2025? Then, you should check out 7Bit Casino. You might have heard of the name before, especially due to its immense popularity in the entertainment industry. With its interactive website and straightforward payment mechanism, 7Bit Casino stands out from other gambling dens and has made a name for itself.

This review will help you get to know this real money online casino better and provide you with insights into its key features and why it is considered one of the best online casinos in the world. So, let’s get into it without any further ado, shall we?

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Overview of 7Bit Casino, the Best Real Money Online Casino
7Bit Casino was founded in 2014 by Dama N.V., a well-known and reputable firm. Shortly after its release, 7Bit rose in popularity due to its intuitive and easy-to-navigate UI and the cutting-edge security measures it implemented to protect its players’ data. Millions of players are still coming to 7Bit every year for the thrill and safe enjoyment it provides.

The casino’s fast and straightforward transactions are also something that makes it stand out from others in the industry. These seamless payment processes, combined with various loyalty programs and exclusive games, help solidify 7Bit’s reputation as one of the best real money online casino platforms. For further information on the gambling giants, refer to the following sections.

Key Factors Considered While Choosing 7Bit As The Best Real Money Online Casino

7Bit Casino was selected as the No.1 real money casino in the world by considering several factors like bonuses, promotions, payment methods, licenses, reputation, user experience, and more. Here is a more detailed breakdown of these factors and why they stand out.

Bonuses & Promotions
You will find one of the best bonuses and promotions in the entertainment industry at 7Bit Casino. Some of the tournaments in the casino even offer a reward pool of €100,000. Now, we shall look into these bonuses and tournaments hosted by 7Bit.

Bonus / Promotion	Reward
Welcome Package deal	325% up to 5.25 BTC + 250 FS
First Deposit	100 free spins & a bonus of 100% up to 1.5 BTC
Second Deposit	100 free spins & a bonus of 75% up to 1.25 BTC
Third Deposit	50% up to 1.5 BTC
Fourth Deposit	50 free spins & a bonus of 100% up to 1 BTC
New Game Offer	45 free spins
Weekend Offer	50% match
Telegram Offer	50 free spins
Telegram Friday Offer	111 free spins
Telegram Sunday Offer	66 free spins
Wednesday	Up to 100 free spins
Legends League	$8,000 (Prize Pool)
Platipus Rush	€2000 (Prize Pool)
Lucky Spin	$1500 + 1500 free spins
VIP Program	Varying Rewards

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With its extravagant bonuses and tournaments with amazing reward pools, 7Bit successfully caters to the needs of different types of gamblers, no matter whether they are looking for a little fun or to win a jackpot.

License & Security Measures
7Bit Casino is licensed by the Curacao iGaming Agency, a widely known government license provider. The issued license number is OGL/2023/174/0082, which you can check to verify the platform’s authenticity. The casino also implements state-of-the-art security measures like SSL encryption, 2-factor authentication, and advanced fraud-detection tools to protect users and their data from unauthorized access. Here is a breakdown of these security programs.

SSL Encryption: 7Bit Casino employs an SSL encryption method that enables players to have a secure connection with the gaming platform.
Data Protection: 7Bit implements advanced security programs to safeguard player data, preventing all unauthorized access.
Emergency Protocols: There are predefined measures and other emergency measures in 7Bit Casino, which will be executed in cases of unpredictable or unprecedented emergencies.
Secure Login: 7Bit employs several password policies and other aspects, like 2-factor authentication, to prevent situations that compromise the security and integrity of their platform.
Anti-Fraud Mechanism: 7Bit casino employs state-of-the-art security systems and other algorithmic features to monitor player behavior and prevent any fraudulent activities within their platform.

Reputation
7Bit Casino has a positive reputation in the best real money online casino industry, especially due to its straightforward system and its commitment to fair play and responsible gaming. Another important and well-known aspect of the 7Bit Casino is its support of several cryptocurrencies, making it an ideal choice for many crypto enthusiasts as well.

7Bit Game Selection
In the 7Bit Casino, there are over 7000 games, of which a majority are from leading software developers like BGaming, Microgaming, and more. The major gaming categories offered by 7Bit include:

Slot games
Live dealer games
Table games
Hot RTP games
High-risk games
7Bit Exclusive games
Scratch cards
Jackpots

Each game in these categories has high-quality graphics and sound effects, providing the players with a seamless experience, no matter where they are accessing it. Furthermore, the wide catalog of games also helps cater to the needs of all types of gamblers worldwide.

Banking Details of 7Bit Real Money Online Casino

7Bit Casino offers players a seamless and straightforward payment mechanism, unlike other establishments, which makes you go through several hoops before allowing you to withdraw your money. The casino supports over 14 payment methods, including crypto and fiat ones. They are:

Crypto Payments	Fiat Payments
Bitcoin	VISA
Ethereum	MasterCard
USDT	Online Banking
Ripple	Neosurf
Binance Coin
Cardano
Tron
Litecoin
Bitcoin Cash
Dogecoin

It might take some time for the establishment to process your transaction in the fiat payment method. Normally, this takes around 2-3 business days. As for crypto payments, it only takes about a couple of minutes. All that being said, mind that the casino puts a limit on how much you can transfer at a time. This limit varies with each payment method. Thus, be sure to examine it first.

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Customer Support

7Bit Casino provides 24/7 customer service to its users. Not only that, the services are also provided within minutes after the query is raised. In fact, the maximum time taken for them to get in touch with the players is estimated to be an average of 7–8 minutes.

For VIP customers, this response time is significantly lower. This high level of support is one of the reasons 7Bit is often considered among the best real money online casino options. The team also provides refined and clear answers to each question and addresses the root causes in case of problems, ensuring transparency to its players.

Mobile Experience & UI
A lot of people have praised 7Bit’s for its easy-to-navigate and intuitive interface that allows players to find and explore different platform features easily. The main reason for this is that the online casino was built with the intention of providing an immense experience on both desktop and mobile devices, to ensure seamless gameplay regardless of the platform.

To top it off, the visually appealing nature of the platform further enhances the overall user experience. Additionally, the platform’s UI helps players deposit and withdraw funds easily, making it one of the top choices for players worldwide.

Pros & Cons: 7Bit Casino
7Bit Casino is widely regarded as one of the most trustworthy and reputable gambling havens in the industry. Often mentioned among contenders for the best real money online casino, it stands out for its commitment to fairness and user experience. However, the truth is that it is just like any other casino out there, meaning it also has its own set of advantages and disadvantages. Here, we will be looking into these, so you know exactly what you will get with 7Bit Casino.

Pros:

Lucrative VIP programs
High-speed transactions
High-security mechanism
Tournaments with huge reward pools
100 Free Spins on the first deposit in addition to a 100% bonus of the deposit amount
7000+ online casino games
Weekly 500 Free Spins from various promotional events
Cashbacks range from 5% to 20% every week.

Cons:

Restricted in some of the major countries due to legal restrictions.
Some major games like Craps are not featured in 7Bit Casino.
Spending too much time in 7Bit could lead to addiction.
Some bonuses have high wagering requirements.

How To Begin Your Gambling Career In 7Bit Casino: A Step-by-Step Guide
Wondering how to start gambling in 7Bit Casino? We got you covered. Refer to the following steps, and you will be all set to build your gambling career with the best real money online casino in the world.

Step 1: The Official Website
Visit the 7Bit Casino’s official website here. You can access it from any platform, meaning it is available on both desktop and mobile. So visit the site and commence creating your account. Also, make sure you’re visiting the correct site by checking its license details in the footer section.

Step 2: Creating a 7Bit Account
Click the ‘Sign Up’ button on the platform’s homepage and submit the following details.

A valid email address
Password (Make sure it is strong)
Preferred payment method

Now go through the ‘Terms & Conditions, agree to them, and submit the details by clicking the ‘Sign Up’ button on the pop-up page.

Step 3: Making the First Deposit
Now that you have created your account, it’s time to start gambling. For this, you need money. So, go to the “Deposit” section and choose your preferred currency. Next, click on the “Continue” button and enter the necessary details. For instance, if you have chosen MasterCard or VISA, enter the card number and other details, and in the case of other payment methods like AstroPay or eZeeWallet, enter your wallet address and other necessary information.

After this, complete the KYC verification and initiate payment. In case of successful payment, the amount will be automatically deposited into your account in a matter of minutes. As for cryptocurrency deposits, you need to choose the preferred currency and send it to a wallet address provided on the deposit page. Just keep in mind the transaction fee in both cases.

Step 4: Start Gambling
After the fund gets credited to your account, hit up any game, place your bet, and start gambling. If you want a specific type of game, you can always choose from their ‘Collections’.

Responsible Gambling Measures & 7Bit Casino

7Bit Casino is licensed by the Curacao iGaming Agency, and to maintain this license, the casino must implement several responsibilities and features to ensure the safety and well-being of its players. These regulatory standards are part of what helps position 7Bit as a contender for the best real money online casino. Here, we will look into these aspects so you can use them if the need arises.

Deposit Limits: It is important to set a budget when it comes to gambling. If you don’t, you might end up overspending and exhausting your money supply chasing after losses and revenge gambling. To prevent this, 7Bit enables its players to set a limit on the deposit amount. After you hit this limit, you won’t be able to deposit more money into your account for a specific time frame.
Session Time Remainders: You can easily lose track of time when playing games, especially ones that give you thrills. In such a case, the session time remainder tool helps players by keeping track of their logging time and urging them to take breaks in case of prolonged gambling.
Cool-Off Periods: Cool-off periods are used when one wants to take a short break from gambling. They help in preventing people from getting addicted to gambling and making impulsive decisions that could result in the loss of money.
Self-Exclusion Programs: Self-exclusion programs are used when a player succumbs to gambling addiction. The program enables them to take long breaks from the platform, generally ranging from 6 months to 5 years. During this time, their account will remain deactivated.
Reality Checks: The tool is much like session time remainders, and is mainly used by players to track the time and money spent on the gambling platform. It prompts the players to reflect on this data and take adequate action if required.

Top Games Of 7Bit Casino
There are over 7000+ games in 7Bit Casino, spanning over 6 categories, and that too from top providers in the market like BGaming and MicroGaming. In this session, we will introduce you to these categories and the fan favorites in each category.

Slot Games
Slot games, or slot machines, are games of luck where players spin a wheel to try to win a jackpot. The outcome of this game is entirely dependent on the Random Number Generator, making it a top choice among players who want to test their luck. The top slot games in 7Bit Casino include:

Mega Moolah
Lightning Roulette
Divine Fortune
Immortal Resonance
Dead or Alive II

Table Games
Table Games are casino games that are normally played on a tabletop under certain house rules. The top table games provided by 7Bit include:

Poker
Roulette
Blackjack

Live Dealer Games
Live dealer games are online casino games that replicate the atmosphere of a real casino by using a video streamer, instead of a Random Number Generator. In these games, a dealer deals the cards, while the players try to outsmart him and win the pot. The top live dealer games featured in 7Bit Casino include:

Live Blackjack
Live Roulette
Live Baccarat

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Hot RTP Games
Hot RTP games are casino games that have an excellent win-to-lose ratio. The top high RTP games featured in 7Bit Casino include:

XXXTREME Lightning Roulette
Lady Wolf Moon Megaways
Throne of Camelot
Wild Spin Deluxe
Lightning Storm

7Bit Exclusive Games
7Bit Exclusive games are those games that are only available at 7Bit Casino. They are either developed by the casino itself or in collaboration with other providers. The top exclusive games in 7Bit include:

Wolf of 7Bit Street
7Bit Wilds of Fortune
7Bit & Hot Fruits
7Bit Mega Sevens
7Bit Bonanza

High-Risk Games
High-risk games are games with low winning probabilities but amazing victory rewards. The top high-risk games featured in 7Bit Casino include:

Dr Rock & The Riff Reactor
Jokrz Wild Ultranudge Gigablox
Pearls of Aphrodite
Prince of Persia: The Gems of Persepolis
Book of Amaterasu

Final Remarks: Why Is 7Bit The Best Real Money Online Casino?

7Bit was chosen as the best real money casino in the world when taking into account several aspects like bonuses, promotions, payment systems, security measures, and more. 7Bit’s diverse and straightforward payment mechanism makes it an all-time favorite among players.

Apart from all this, the casino’s diverse catalog of games also helps cater to the needs of almost all types of gamblers in the industry. So, you should check it out, and who knows, maybe it’s the one you’re looking for. Just keep in mind not to overindulge when gambling.

FAQs
1. Are online casinos considered legal in the USA?
Yes, online casinos and other gambling-related activities are banned in the USA. However, there are no regulations in place for remotely-licensed online casinos, like the ones that hold a Curacao iGaming license, like 7Bit. You can easily gamble in them without any fear of repercussions.

2. What is the best offer in 7Bit Casino?
Ans: The “best” offer in 7Bit Casino varies with individual preferences and how you intend to play on the platform. However, they offer major bonuses like a 100% welcome bonus, weekly cashback, telegram offers worth over 126 free spins, and a VIP program.

3. How to claim your deposit bonus from 7Bit Casino?
Ans: Log in to your account, browse to the “promotions” page, click the “Get Bonus” button, make a deposit, and enter the promo code. After completing this, the bonus will be automatically credited to your account.

4. What are the top banking options available at 7Bit Casino?
Ans: 7Bit offers several banking options, but the top ones include credit cards, Paysafecards, e-wallets, crypto wallets, and online banking.

5. How long does it take to withdraw your money from 7Bit Casino?
Ans: In 7Bit Casino, you can instantly withdraw crypto, while fiat transactions take up to 1-3 business days.

Email: support@7bitcasino.com

Disclaimer and Affiliate Disclosure

Legal Disclaimer: Participation in online gambling must comply with local laws. 7Bit Casino encourages responsible play—only gamble with funds you can afford to lose.

General Disclaimer

This article is for informational and entertainment purposes only, not legal or financial advice. Content is based on research and user reviews as of writing. No warranties are made, and users must verify information before acting.

Casino and Gambling Disclaimer

Online gambling carries risks and isn’t for everyone. Confirm you’re of legal gambling age in your jurisdiction. Gambling laws vary, and compliance is your responsibility. We don’t promote gambling; participation is at your risk. 7Bit Casino is a third-party platform, and we’re not liable for losses or disputes.

Affiliate Disclosure

This article may include affiliate links, earning us a commission at no cost to you for qualifying actions. These support our content. Our reviews are unbiased, and we recommend only valuable products.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/57f74aef-fa80-41ac-8401-752616e8e2f0

The MIL Network –

May 12, 2025

MIL-OSI: 21Shares Spotlights Solana’s Breakout Year in New “State of Crypto” Report
Source: GlobeNewswire (MIL-OSI)

New report explores Solana’s rise as the infrastructure layer of next-gen finance

Zurich, 12 May 2025 – 21Shares, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), today announced the release of the 14th edition of its flagship research series, State of Crypto, featuring an in-depth spotlight on Solana.

With ultra-high speed, near-zero fees, and a rapidly expanding ecosystem, Solana has emerged as a leading blockchain powering everything from cross-border payments to AI and decentralised physical infrastructure. The new report explores Solana’s evolution into a real-world financial layer, and why it is fast becoming the blockchain of choice for both developers and institutions.

“Solana is redefining what’s possible with blockchain technology,” said Adrian Fritz, Head of Research at 21Shares. “It combines performance, usability, and scale in a way few networks can match. In this report, we unpack the numbers, the tech, and the trends behind Solana’s rise, and what that means for investors.”

The report includes:
- A detailed comparison between Solana and leading competitors such as Ethereum, Sui, and TON.
- In-depth sector analyses of Solana’s growing ecosystem, including DePIN, AI agents, DeFi innovation, and the memecoin phenomenon.
- A comprehensive valuation framework to evaluate whether Solana is currently undervalued relative to its peers.
- Insights into Solana’s role within a diversified crypto portfolio and how it can enhance broader asset allocation strategies.
Solana now processes over 3,000 transactions per second with transaction fees consistently below $0.01. During peak activity in January, it surpassed $364 billion in on-chain volume, matching the throughput of Nasdaq over the same period. With major integrations from Visa, Shopify, and PayPal, along with emerging innovations like Solana Blinks and the Saga smartphone, Solana is rapidly positioning itself as the foundational infrastructure layer for the next generation of the internet.

21Shares offers the 21Shares Solana Core Staking ETP (ticker: CSOL), an exchange-traded product that allows investors to gain exposure to Solana without directly holding the asset. CSOL has a management fee of 0.35%, is 100% physically backed, and also benefits from staking rewards, which are seamlessly generated by adding the yield to the investor’s coin entitlement.

For more details about the 21Shares Solana Core Staking ETP, including the factsheet, please click here.

The report is available for download here.

About 21Shares

21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialised research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

21Shares is a member of 21.co, a global leader in decentralised finance. For more information, please visit www.21Shares.com

Contact: matteo.valli@21shares.com

DISCLAIMER

This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

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The MIL Network –
May 12, 2025
MIL-OSI Russia: Cultural Marathon at the Polytechnic: Foreign Students Celebrate the 60th Anniversary of the Preparatory Faculty

Translation. Region: Russian Federal

Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

In honor of the 60th anniversary of the preparatory faculty of Peter the Great St. Petersburg Polytechnic University, a series of events dedicated to the history and culture of our country were held for foreign students.

20 best students from Angola, Vietnam, India, Indonesia, Yemen, China, Myanmar, Palestine, Turkmenistan and Turkey went to a three-day cultural and educational intensive course “Polytechnic in History and Culture” at the Kholomki estate. The guys immersed themselves in the atmosphere of Russian estate life in a historical complex associated with the name of the first director of the Polytechnic – Prince Andrei Grigorievich Gagarin.

The participants not only learned about the life of the prince and the fate of his estate, but also visited Gagarin’s grave in the village of Belskoye Ustye, paying tribute to the memory of the university’s founder.

This brought us even closer together! Thank you for the opportunity to relax, find friends and celebrate the faculty anniversary, – shared Mustafa Rozyev from Turkmenistan.

The educational program was prepared by teachers of the Higher School of International Educational Programs (HSIEEP). There were team-building trainings, quizzes on Russian history and modern culture, and a volleyball match, where international student teams competed with teachers. Indian student Gupta Purvi remembered volleyball the most: It was fun and adventurous, and the teachers were as passionate as we were.

Jonathan Abel from Indonesia admitted that he especially enjoyed the night songs around the campfire under the starry sky: The teachers sang so beautifully that even those who did not know the words joined in with the melodies.

Yemeni student Al-Falah Naif expressed his delight poetically: Nature whispered its secrets to us… These days will become a page in my future novel.

Before returning to St. Petersburg, the group honored the memory of the victims of Nazism at the Dulag 100 memorial near Porkhov, where a transit camp was located during the war. The children were reminded that this year Russia solemnly celebrated the 80th anniversary of the Victory in the Great Patriotic War.

Another group of students from Mexico, China, Turkmenistan, France, Thailand and Slovakia visited the State Museum of the History of Religion. They began their journey with the halls of Christian symbols, where guides gave detailed information about ancient icons, church utensils and the history of Orthodoxy in Russia. Rare exhibits, such as a reconstruction of a 17th-century altar with preserved frescoes, attracted special attention. In the Catholicism department, the participants learned about the connection between European religious traditions and Russian culture.

Students from Turkmenistan particularly noted the halls dedicated to Islam.

It’s unexpected to see familiar religious symbols in Russia, it brings us even closer together,” shared Matyakub Yusupov.

The events not only strengthened intercultural ties, but also became a bridge between the past and present of the Polytechnic University, reminding us of its rich heritage, and helped to form a sense of belonging to the cultural heritage. The organizers are confident that such projects help foreign students to understand Russia more deeply and feel part of a large university family.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

May 12, 2025
MIL-OSI Russia: Brazil’s First Lady Visits Higher School of Economics

Translation. Region: Russian Federal

Source: State University Higher School of Economics – State University Higher School of Economics –

On May 7, 2025, the First Lady of the Federative Republic of Brazil Jeanja Lula da Silva, an active supporter of sustainable development and the initiator of the Global Alliance against Hunger and Poverty, visited HSE University. During the visit, a closed meeting was held with HSE Rector Nikita Anisimov. The meeting discussed the prospects for the development of Russian-Brazilian relations in science and education.

On this day, the Higher School of Economics hosted a round table on the topic “The Global Alliance against Hunger and Poverty as a Key to Modern International Cooperation,” where Jeanja Lula da Silva was the guest of honor.

Opening the meeting, Victoria Panova, Head of the BRICS-Russia Expert Council, Vice-Rector of the National Research University Higher School of Economics, Sherpa in the Women’s Twenty, emphasized the importance of strategic partnership with Brazil, noting that the country actively expresses the position of the World Majority. Mutual understanding between Brazil and Russia on key issues of the international agenda creates favorable ground for promoting the principles of a multipolar world and strengthening ties at the level of scientific, expert and humanitarian cooperation.

Jeanja Lula da Silva shared her personal attitude to the topic of combating poverty and hunger, which she considers her life’s work. The First Lady noted that her ancestors come from Moscow, which makes her visit to Russia especially significant. According to her, the initiative to create the Global Alliance was one of the first steps of President Lula da Silva during his third term. The Alliance is aimed at combating global challenges, primarily social inequality, hunger and extreme poverty, which still affect hundreds of millions of people around the world.

Jeanja Lula da Silva stressed that in the context of sustainable development, states cannot ignore these challenges. The main goal is to provide real assistance to vulnerable groups, including women, children and the elderly. She paid special attention to the three key “pillars” of the Alliance: national policy, financial support and dissemination of knowledge. The Alliance currently unites 95 countries, as well as funds, international organizations and financial institutions.

Russian experts also spoke at the round table. Vice-Rector of the National Research University Higher School of Economics, Director of the Institute of Social Policy Lilia Ovcharova noted the importance of the Brazilian experience in building an effective social protection system: from employment and education support programs to child nutrition. Professor of the National Research University Higher School of Economics, Head of the Department of Agricultural Policy of the Institute of Agricultural Research Renata Yanbykh emphasized Russia’s contribution to global food security, noting the growth of agricultural exports and the importance of food cooperation with Brazil.

Igor Pilipenko, head of the working group “Financial Cooperation and the International Monetary and Financial System” of the BRICS-Russia Expert Council, recalled the potential of the New Development Bank as a financial instrument for combating poverty. HSE Araújo Esteves lecturer Ana Livia emphasized the need for joint efforts by both developed and developing countries to address global challenges.

In conclusion, Victoria Panova expressed gratitude to Jeanje Lula da Silva for her personal involvement and leadership, emphasizing that only initiatives “with a soul behind them” can change the world. She also invited the First Lady to become an ambassador of the Alliance within the Women’s Twenty.

The round table became a significant stage in the development of international scientific and humanitarian cooperation and gave a powerful impetus to the further strengthening of the Global Alliance as an effective instrument for combating poverty, hunger and social inequality on a global scale.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

May 12, 2025
MIL-OSI Europe: At a Glance – Plenary round-up – May I 2025 – 08-05-2025

Source: European Parliament

Highlights of the May I 2025 plenary session included the commemoration of the 80th anniversary of the end of World War II in Europe, and Parliament statements on freedom, democracy and security as Europe’s heritage. Parliament also observed a minute of silence in memory of the late Pope Francis. Members held several debates on Council and Commission statements: on European Union support for a just, sustainable and comprehensive peace in Ukraine; a unified EU response to unjustified US trade measures; and preparation of the EU-UK summit. Debates also followed statements by High Representative for Foreign Affairs and Security Policy, and Vice-President of the European Commission, Kaja Kallas, on protecting Greenland’s right to decide its own future and maintain the rules-based world order, and an urgent assessment of the applicability of the Political Dialogue and Cooperation Agreement with Cuba. A debate also took place on President Erdoğan’s illegal visit to the occupied areas of Cyprus. Members also debated Council and Commission statements on the resilience and interconnection of energy grid infrastructure in the EU; high retail food prices; Malta’s ‘golden passport’ scheme; the fine against TikTok and citizens’ rights on social media platforms; EU action on treating and preventing diseases such as cancer, cardiovascular neurological diseases and measles.

MIL OSI Europe News –

May 12, 2025
MIL-OSI: Astra Fintech Announces Establishment of Korea HQ, Strengthening Commitment to Solana Ecosystem and Regional Expansion
Source: GlobeNewswire (MIL-OSI)

Key Takeaways
- Astra Fintech’s establishment of its Korea HQ reinforces its commitment to the region, following active participation in local blockchain events like Seoulana
- The company plans to deepen its involvement in the Solana ecosystem, leveraging its speed and scalability to advance DeFi, payments, and Web3 solutions tailored to the Korean market.
- Astra Fintech aims to invest in local partnerships, talent, and regulatory engagement, positioning itself as a key innovator in Korea’s fintech and blockchain landscape.
SEOUL, South Korea, May 12, 2025 (GLOBE NEWSWIRE) — Astra Fintech, a leading Canadian Finfra firm, has officially announced the launch of its Korea Headquarters — an essential milestone in the company’s strategic expansion throughout Asia. This move reinforces Astra Fintech’s long-term commitment to the Korean market, which has already established a strong presence by actively engaging in local blockchain ecosystems. Notably, the company served as a key partner of Solana Korea earlier this quarter and picked up a handful of prominent projects, including Mulex Protocol, Depe, etc.

A Strong Foundation in Korea
Ahead of its Korea HQ launch, Astra Fintech actively demonstrated its dedication to the Korean blockchain community through high-impact engagements. As a prominent sponsor of Seoulana, a premier Solana-focused hackathon, the company reinforced its commitment to supporting the growth of the Solana ecosystem. At the event, Astra Fintech engaged with developers, investors, and blockchain enthusiasts, sharing its vision for PayFi—a next-generation financial solution built on high-performance blockchain infrastructure. The hackathon provided a strategic platform for the company to align its innovative roadmap with Solana’s mission to transform decentralized finance.

Accelerating Growth on Solana
With the new Korea HQ, Astra Fintech is poised to deepen its involvement in the Solana ecosystem, leveraging its speed, scalability, and low transaction costs to deliver cutting-edge financial solutions. The company plans to explore DeFi, payments, and Web3 application opportunities, collaborating with local partners to drive adoption and integration.

“Korea is a critical hub for blockchain innovation, and our HQ launch reflects our commitment to this vibrant market,” said Jamie, Head of Partnership in Astra, “By aligning with Solana’s ecosystem and engaging with Korea’s world-class talent, we aim to pioneer next-generation fintech solutions that bridge traditional and decentralized finance.”

Strategic Vision for Korea and Beyond
Establishing the Korea HQ signals Astra Fintech’s ambition to expand its regional influence, with plans to invest in local talent, form strategic partnerships, and participate in Korea’s dynamic blockchain regulatory landscape. The company’s long-term roadmap includes:
- Enhancing Solana-based infrastructure for Korean and global users.
- Launching localized fintech products tailored to Korea’s tech-savvy population.
- Strengthening community engagement through events, hackathons, and educational initiatives.
As Astra Fintech solidifies its presence in Korea, the company remains focused on driving innovation at the intersection of finance and blockchain, positioning itself as a key player in Asia’s digital economy.

About Astra Fintech
Astra Fintech is a Canada-based blockchain finance leader revolutionizing FinFra by bridging traditional and decentralized payments. As a strategic Solana ecosystem partner backed by Multicoin LPs, we deliver secure, borderless PayFi solutions while driving innovation through investments in next-gen financial infrastructure.
X: https://x.com/AstraFintech

Contact:
Connie
contact@astra.holdings

Disclaimer: This is a paid post and is provided by Astra Fintech. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3c5e19c1-d2e5-4d43-a54f-8eedb3667906

The MIL Network –
May 12, 2025

Darcy Reding, President & Chief Executive Officer	Adam Gray, Chief Financial Officer
Telephone: (403) 261-5900	Telephone: (403) 261-5900

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