Category: Asia Pacific

MIL-OSI Security: LaPorte Brothers Sentenced to Prison

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

SOUTH BEND – Raymond Calvin Smith, 27 years old, and Bruce Milik Smith, 25 years old, brothers from LaPorte, Indiana, were sentenced by United States District Court Judge Cristal C. Brisco after pleading guilty to federal felony charges, announced Acting United States Attorney Tina L. Nommay.

Raymond Smith was sentenced to 70 months in prison and 2 years of supervised release. Bruce Smith was sentenced to 39 months in prison and 2 years of supervised release. The two brothers were ordered to pay $723,832.64 in restitution to the victims of their offense. Raymond Smith was also ordered to pay $162,928.62 in restitution to the IRS.

According to documents in the case, from about January 2021 to December 2021, the Smith brothers operated an elaborate fraud scheme using Indiana mobile sports wagering applications. Using personal information of victims, such as bank account numbers and passwords, they set up dozens of accounts in victims’ names on at least 8 different sports wagering applications. Using sports wagering applications, they funneled money from victims’ bank accounts to themselves. With the personal information of approximately 60 victims, the Smith brothers stole a total of $723,832.64, and unsuccessfully attempted to steal an additional $930,782.00. Both Smith brothers pled guilty to the mail fraud scheme while Raymond Smith also pled guilty to evading taxes on the proceeds he received in 2021.

This case was investigated by the Federal Bureau of Investigation, the Internal Revenue Service-Criminal Investigation Division, the United States Postal Inspection Service, and the Indiana Gaming Commission. The case was prosecuted by Assistant United States Attorney Luke N. Reilander.

MIL Security OSI –

February 5, 2025

MIL-OSI Security: 29 Individuals Sentenced to 378 Combined Years in Federal Prison for Running Armed Fentanyl and Meth Trafficking Ring

Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

EVANSVILE- 29 defendants have been sentenced to a combined 378 years in federal prison for their roles in a large methamphetamine and fentanyl drug trafficking organization that operated in Southern Indiana.

According to court documents, between January 2020 and November 2021, the following 29 individuals conspired together to distribute a total of nearly 500 pounds of methamphetamine and over three kilograms of fentanyl. This investigation led to the seizure of over 80 pounds of methamphetamine, over 560 grams of fentanyl, and $240,000 in United States currency.

Jeramey Smith served as the leader of the drug trafficking operation. Smith began obtaining multiple pound quantities of crystal methamphetamine from Julian Green in early 2020 until April of 2021 when he changed his source of supply to a cartel linked individual based in Houston, Texas. In June of 2021, Smith was robbed of a large amount of cash and was unable to pay his supplier for the lost product. Smith resorted back to Green to obtain the crystal methamphetamine.

DeJarnett was one of Smith’s top methamphetamine customers, often purchasing up to 20 pounds at a time. After Smith obtained the methamphetamine from either Green or his Mexican source of supply, he then distributed the methamphetamine to mid -level distributors in Indianapolis and Evansville.

In September 2021, Smith branched out to also begin selling large quantities of fentanyl-laced pills. Smith would obtain fentanyl powder from Markey and/or Moore, who would then press the powder into pills. Smith then used his same distributors to distribute the fentanyl throughout Southern Indiana. Law enforcement seized an automated pill press during the course of the investigation. Smith also used violence and intimidation to further his drug business by having his distributors robbed of their drug proceeds at gun point.

Additionally, several members of the drug trafficking used firearms to protect themselves and their profits. In total, law enforcement officers seized over 30 firearms from the defendants during court-authorized searches at multiple locations in Indianapolis and Evansville.

The charges and sentences are described below:

Defendant	Charge(s)	Prison Sentence
Jeramey Smith, 35 Indianapolis, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine Conspiracy to Possess with the Intent to Distribute Fentanyl Felon in Possession of a Firearm Obstruction of Commerce by Robbery	240 months (20 years) 5 years supervised release
Julian Green, 36 Indianapolis, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine Felon in Possession of a Firearm	210 months (17.5 years) Indianapolis, IN
Hannah Kissel, 28 Indianapolis, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine Conspiracy to Possess with the Intent to Distribute Fentanyl	97 months (8 years) 3 years supervised release
Jordan Wilson, 41 Evansville, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine Conspiracy to Possess with the Intent to Distribute Fentanyl Felon in Possession of a Firearm	216 months (15.7 years) 5 years supervised release
Timothy Rice, 35 Evansville, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine	204 months (17 years) 5 years supervised release
Archilles Johnson, 40 Evansville, IN	Conspiracy to Distribute Methamphetamine	180 months (15 years) 5 years supervised release
Deonte Howard, 36 Evansville, IN	Conspiracy to Distribute Methamphetamine	180 months (15 years) 5 years supervised release
Julie Hunt, 37 Petersburg, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine Conspiracy to Possess with the Intent to Distribute Fentanyl	60 months (5 years) 3 years supervised release
Torrance Mimms, 34 Evansville, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine	180 months (15 years) 5 years supervised release
Keisha Jewell, 40 Princeton, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine Conspiracy to Possess with the Intent to Distribute Fentanyl	108 years (9 years) 3 years supervised release
Davion Hays, 38 Evansville, IN	Conspiracy to Distribute Methamphetamine	144 months (12 years) 5 years supervised release
Jason Mitchell, 43 Henderson, KY	Conspiracy to Distribute Methamphetamine	204 months (17 years) 5 years supervised release
Denny Taylor, 49 Princeton, IN	Conspiracy to Distribute Methamphetamine	180 months (15 years) 5 years supervised release
Aaron Hardiman, 42 Princeton, IN	Conspiracy to Distribute Fentanyl	120 months (10 years) 5 years supervised release
Roman Wills, 43 Evansville, IN	Conspiracy to Distribute Methamphetamine	180 months (15 years) 5 years supervised release
Michael Sanders, 48 Owensboro, KY	Conspiracy to Possess with the Intent to Distribute Methamphetamine	168 months (14 years) 5 years supervised release
Gregory Snyder, 62 Evansville, IN	Conspiracy to Distribute Methamphetamine	36 months (3 years) 4 years supervised release
Joshua Gahagan, 41 Evansville, IN	Conspiracy to Distribute Methamphetamine	180 months (15 years) 5 years supervised release
Gregory Markey, 35 Indianapolis, IN	Conspiracy to Possess with the Intent to Distribute Fentanyl	168 months (14 years) 5 years supervised release
L.C. Moore, II, 31 Indianapolis, IN	Conspiracy to Possess with the Intent to Distribute Fentanyl	120 months (5 years) 5 years supervised release
Dominique Baquet, 31 Indianapolis, IN	Obstruction of Commerce by Robbery	57 months (4.7 years) 3 years supervised release
Antonio DeJarnett, 36 Evansville, IN	Conspiracy to Distribute Methamphetamine	264 months (22 years) 5 years supervised release
Ryan Pinkston, 42 Evansville, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine Felon in Possession of Ammunition	240 months (20 years) 5 years supervised release
Robert Embry, 46 Evansville, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine	60 months (5 years) 5 years supervised release
Becky Edwards, 39 Evansville, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine	120 months (10 years) 5 years supervised release
Edward Meredith, 59 Evansville, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine	120 months (10 years) 5 years supervised release
Joshua Wilson, 33 Evansville, IN	Use of a Communication Facility with the Intent to Commit or Facilitate the Distribution of Methamphetamine	30 months (2.5 years) No supervised release
Tabitha Seabeck, 32 Henderson, KY	Conspiracy to Possess with the Intent to Distribute Methamphetamine	180 months (15 years) 5 years supervised release
Zachary Addison, 42 Evansville, IN	Conspiracy to Possess with the Intent to Distribute Methamphetamine Felon in Possession of a Firearm	300 months (25 years) 5 years supervised release

Defendant

Charge(s)

Prison Sentence

Jeramey Smith, 35
Indianapolis, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

Conspiracy to Possess with the Intent to Distribute Fentanyl

Felon in Possession of a Firearm

Obstruction of Commerce by Robbery

240 months (20 years)

5 years supervised release

Julian Green, 36

Indianapolis, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

Felon in Possession of a Firearm

210 months (17.5 years)

Indianapolis, IN

Hannah Kissel, 28

Indianapolis, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

Conspiracy to Possess with the Intent to Distribute Fentanyl

97 months (8 years)

3 years supervised release

Jordan Wilson, 41

Evansville, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

Conspiracy to Possess with the Intent to Distribute Fentanyl

Felon in Possession of a Firearm

216 months (15.7 years)

5 years supervised release

Timothy Rice, 35

Evansville, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

204 months (17 years)

5 years supervised release

Archilles Johnson, 40

Evansville, IN

Conspiracy to Distribute Methamphetamine

180 months (15 years)

5 years supervised release

Deonte Howard, 36

Evansville, IN

Conspiracy to Distribute Methamphetamine

180 months (15 years)

5 years supervised release

Julie Hunt, 37

Petersburg, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

Conspiracy to Possess with the Intent to Distribute Fentanyl

60 months (5 years)

3 years supervised release

Torrance Mimms, 34

Evansville, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

180 months (15 years)

5 years supervised release

Keisha Jewell, 40

Princeton, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

Conspiracy to Possess with the Intent to Distribute Fentanyl

108 years (9 years)

3 years supervised release

Davion Hays, 38

Evansville, IN

Conspiracy to Distribute Methamphetamine

144 months (12 years)

5 years supervised release

Jason Mitchell, 43

Henderson, KY

Conspiracy to Distribute Methamphetamine

204 months (17 years)

5 years supervised release

Denny Taylor, 49

Princeton, IN

Conspiracy to Distribute Methamphetamine

180 months (15 years)

5 years supervised release

Aaron Hardiman, 42

Princeton, IN

Conspiracy to Distribute Fentanyl

120 months (10 years)

5 years supervised release

Roman Wills, 43

Evansville, IN

Conspiracy to Distribute Methamphetamine

180 months (15 years)

5 years supervised release

Michael Sanders, 48

Owensboro, KY

Conspiracy to Possess with the Intent to Distribute Methamphetamine

168 months (14 years)

5 years supervised release

Gregory Snyder, 62

Evansville, IN

Conspiracy to Distribute Methamphetamine

36 months (3 years)

4 years supervised release

Joshua Gahagan, 41

Evansville, IN

Conspiracy to Distribute Methamphetamine

180 months (15 years)

5 years supervised release

Gregory Markey, 35

Indianapolis, IN

Conspiracy to Possess with the Intent to Distribute Fentanyl

168 months (14 years)

5 years supervised release

L.C. Moore, II, 31

Indianapolis, IN

Conspiracy to Possess with the Intent to Distribute Fentanyl

120 months (5 years)

5 years supervised release

Dominique Baquet, 31

Indianapolis, IN

Obstruction of Commerce by Robbery

57 months (4.7 years)

3 years supervised release

Antonio DeJarnett, 36

Evansville, IN

Conspiracy to Distribute Methamphetamine

264 months (22 years)

5 years supervised release

Ryan Pinkston, 42

Evansville, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

Felon in Possession of Ammunition

240 months (20 years)

5 years supervised release

Robert Embry, 46

Evansville, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

60 months (5 years)

5 years supervised release

Becky Edwards, 39

Evansville, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

120 months (10 years)

5 years supervised release

Edward Meredith, 59

Evansville, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

120 months (10 years)

5 years supervised release

Joshua Wilson, 33

Evansville, IN

Use of a Communication Facility with the Intent to Commit or Facilitate the Distribution of Methamphetamine

30 months (2.5 years)

No supervised release

Tabitha Seabeck, 32

Henderson, KY

Conspiracy to Possess with the Intent to Distribute Methamphetamine

180 months (15 years)

5 years supervised release

Zachary Addison, 42

Evansville, IN

Conspiracy to Possess with the Intent to Distribute Methamphetamine

Felon in Possession of a Firearm

300 months (25 years)

5 years supervised release

“The members of this conspiracy will spend decades in federal prison for pumping pounds of methamphetamine and fentanyl onto our streets,” said John E. Childress, Acting United States Attorney for the Southern District of Indiana. “Drug use devastates so many families and kills hundreds of Hoosiers every year. That’s why we will work with our federal, state, and local law enforcement partners to dismantle armed organizations trafficking in deadly drugs. The sentences imposed in this case demonstrate our continued commitment to protecting the public from these dangerous criminals.”

“Dismantling a major drug trafficking organization that was responsible for distributing multi-hundred-pound quantities of methamphetamine and kilogram quantities of fentanyl onto the streets of Indiana was a big win for law enforcement. Because of the exceptional collaborative efforts by law enforcement, we were able to achieve this remarkable outcome,” said DEA Assistant Special Agent in Charge, Michael Gannon. “This investigation was a wonderful victory for all Hoosiers and sends a crystal-clear message to major drug dealers we will continue working together with our partners to dismantle their illicit operations.”

“This sentencing is a significant victory in the relentless fight against the trafficking of deadly drugs and underscores the FBI’s commitment to pursue those who wreak havoc on our communities through their illegal drug trade,” said FBI Indianapolis Special Agent in Charge Herbert J. Stapleton. “The FBI will continue to work with our law enforcement partners to ensure those who endanger public safety and contribute to this crisis are held accountable.”

“I would like to thank the dedicated Evansville Police Officers and Vanderburgh County Sheriff’s Office Deputies as well as our federal partners in the DEA and US Attorney’s Office for their roles in getting these individuals off our streets. The manufacturing and distribution of methamphetamine and fentanyl have brought death and destruction to our communities and have done irreversible damage to families in the worst way possible. This community will not tolerate that kind of behavior and illegal activity, and we will use every resource available to us to stop it and put dealers behind bars.”

This case was investigated by the Drug Enforcement Administration’s Evansville Resident Office, with the FBI, Bureau of Alcohol, Tobacco, Firearms and Explosives, Evansville Vanderburgh County Joint Task Force, DEA Indianapolis and Indianapolis Metro Drug Task Force providing valuable assistance. The sentenced were imposed by U.S. District Court Judge Matthew P. Brookman.

Acting U.S. Attorney John E. Childress thanked Assistant United States Attorneys Lauren Wheatley and Jeremy Kemper, who prosecuted this case.

According to the Drug Enforcement Administration, as little as two milligrams of fentanyl can be fatal, depending on a person’s body size, tolerance, and past usage—a tiny amount that can fit on the tip of a pencil. Seven out of ten illegal fentanyl tablets seized from U.S. streets and analyzed by the DEA have been found to contain a potentially lethal dose of the drug.

One Pill Can Kill: Avoid pills bought on the street because One Pill Can Kill. Fentanyl has now become the leading cause of death for adults in the United States. Fentanyl is a highly potent opioid that drug dealers dilute with cutting agents to make counterfeit prescription pills that appear to be Oxycodone, Percocet, Xanax, and other drugs. Fake prescription pills laced with fentanyl are usually shaped and colored to look like pills sold at pharmacies. For example, fake prescription pills known as “M30s” imitate Oxycodone obtained from a pharmacy, but when sold on the street the pills routinely contain fentanyl. These pills are usually round tablets and often light blue in color, though they may be in different shapes and a rainbow of colors. They often have “M” and “30” imprinted on opposite sides of the pill. Do not take these or any other pills bought on the street – they are routinely fake and poisonous, and you won’t know until it’s too late.

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MIL Security OSI –

February 5, 2025

MIL-OSI USA: Ghana Armed Forces, US Army launch first strategic communication workshop

Source: United States Army

Members of the Ghana Armed Forces and U.S. Army Southern European Task Force, Africa (SETAF-AF) personnel pose for a group photo outside the Dohazari Auditorium in Accra, Ghana, on Jan. 31, 2025. The exchange signifies the ongoing partnership and collaboration between the two forces, aimed at enhancing military cooperation and joint operations.(Photo courtesy of Ghana Armed Forces) (Photo Credit: Courtesy) VIEW ORIGINAL

Back to

U.S. Army Southern European Task Force, Africa

ACCRA, Ghana – The Ghana Armed Forces (GAF) and U.S. Army Southern European Task Force, Africa (SETAF-AF), strengthened their partnership through a strategic communication and information warfare exchange at Burma Camp, Ghana, Jan. 28-31.

The military exchange, part of a broader initiative to promote peace through strength, aimed to enhance both forces’ ability to navigate modern warfare, where information plays a critical role in operational success.

“Working alongside the GAF this week is a unique and rewarding experience, as it fosters a deep sense of camaraderie and mutual respect,” said U.S. Army Lt. Col. Kevin Ong, SETAF-AF.

“It’s not just about sharing tactics or best practices; it’s about learning from each other’s strengths and building lasting partnerships that transcend borders.”

U.S. Army Lt. Col. Kevin Ong, left, U.S. Army Southern European Task Force, Africa (SETAF-AF), sits with Ghana Armed Forces Brig. Gen. Eric Aggrey-Quashie, director general at the Department of Public Relations, and U.S. Army Maj. Tyler Claus, SETAF-AF, during the opening ceremony at Dohazari Auditorium in Accra, Ghana, Jan 31, 2025. The exchange signifies the ongoing partnership and collaboration between the two forces, aimed at enhancing military cooperation and joint operations. (Photo courtesy of Ghana Armed Forces) (Photo Credit: Courtesy) VIEW ORIGINAL

The exchange featured workshops and seminars on information operations, psychological operations and public affairs in both conflict and peacetime. Participants discussed techniques for countering misinformation, engaging with local communities and ensuring transparency to maintain public trust.

The exchange also focused on capacity building, equipping forces with the skills needed to operate effectively in information warfare scenarios.

GAF Brig. Gen. Eric Aggrey-Quashie, the director general at the Department of Public Relations, urged participants to take advantage of the exchange to enhance their technical and critical thinking skills in public relations and influence their awareness of managing and disseminating information to the public.

Ghana Armed Forces Brig. Gen.l Eric Aggrey-Quashie, director general at the Department of Public Relations, gives opening remarks during the opening ceremony at Dohazari Auditorium in Accra, Ghana, Jan. 31, 2025. The exchange signifies the ongoing partnership and collaboration between the two forces, aimed at enhancing military cooperation and joint operations.(Photo courtesy of Ghana Armed Forces) (Photo Credit: Courtesy) VIEW ORIGINAL

During the exchange, participants discussed past information operations, crisis communication simulations as well as integrating these lessons into daily military practices. Both sides emphasized the need to evolve military training to address unconventional threats, aligning with the philosophy of peace through strength.

The concept of peace through strength was a key theme throughout the engagement. Leaders from both nations agreed that a strong, well-informed military presence could deter aggression while promoting stability.

“Information warfare is an evolving battlefield, and our ability to control the narrative can shape the outcome of conflicts before they even begin,” said U.S. Army Reserve Staff Sgt. Kara Obrien, a team leader assigned to 321st Tactical Psychological Company, 13th Psychological Operations Battalion, 2nd Psychological Operations Group.

“This exchange reinforces the importance of proactive communication strategies in maintaining stability and deterring misinformation.”

U.S. Army Staff Sgt. Kara Obrien, a team leader assigned to the U.S Army Reserve 321st Tactical Psychological Company, 13th Psychological Operations Battalion, 2nd Psychological Operations Group, discusses best practices for key leader engagements at Dohazari Auditorium in Accra, Ghana, Jan. 31, 2025. The exchange signifies the ongoing partnership and collaboration between the two forces, aimed at enhancing military cooperation and joint operations. (Photo courtesy of Ghana Armed Forces) (Photo Credit: Courtesy) VIEW ORIGINAL

This collaboration between GAF and SETAF-AF highlights a shared commitment to enhancing military readiness while fostering stability through strategic communication and capacity building. As modern conflicts increasingly revolve around the control and dissemination of information, initiatives like this play a pivotal role in maintaining peace and security.

About SETAF-AF

SETAF-AF prepares Army forces, executes crisis response, enables strategic competition, and strengthens partners to achieve U.S. Army Europe and Africa and U.S. Africa Command campaign objectives.

Follow SETAF-AF on: Facebook, Twitter, Instagram, YouTube, LinkedIn & DVIDS

MIL OSI USA News –

February 5, 2025
MIL-OSI Economics: Introducing Apple Invites, a new app that brings people together
Source: Apple

Headline: Introducing Apple Invites, a new app that brings people together

February 4, 2025

PRESS RELEASE

Introducing Apple Invites, a new app that brings people together for life’s special moments

CUPERTINO, CALIFORNIA Apple today introduced Apple Invites, a new app for iPhone that helps users create custom invitations to gather friends and family for any occasion. With Apple Invites, users can create and easily share invitations, RSVP, contribute to Shared Albums, and engage with Apple Music playlists. Starting today, users can download Apple Invites from the App Store, or access it on the web through icloud.com/invites. iCloud+ subscribers can create invitations, and anyone can RSVP, regardless of whether they have an Apple Account or Apple device.

“With Apple Invites, an event comes to life from the moment the invitation is created, and users can share lasting memories even after they get together,” said Brent Chiu-Watson, Apple’s senior director of Worldwide Product Marketing for Apps and iCloud. “Apple Invites brings together capabilities our users already know and love across iPhone, iCloud, and Apple Music, making it easy to plan special events.”

Beautiful Invitations That Create and Capture Shared Moments

To get started with Apple Invites, users can choose an image from their photo library or from the app’s gallery of backgrounds — a curated collection of images representing different occasions and event themes. Integrations with Maps and Weather give guests directions to the event and the forecast for that day.

Additionally, participants can easily contribute photos and videos to a dedicated Shared Album within each invite to help preserve memories and relive the event. And collaborative playlists allow Apple Music subscribers to create a curated event soundtrack that guests can access right from Apple Invites.

Apple Intelligence Makes Invites Even More Fun

With Apple Intelligence, creating unique event invitations is easy. Users can tap in to the built-in Image Playground experience to produce original images using concepts, descriptions, and people from their photo library. And when composing invitations, users can use Writing Tools to help find just the right turn of phrase to meet the moment.¹

Simple Ways to Manage and Join Events

Hosts get full control of their invite experience: They can easily view and manage their events, share invitations with a link, review RSVPs, and choose the details they want included in the preview, like the event background or a home address. Guests can view and respond to an invitation using the new iPhone app or on the web without needing an iCloud+ subscription or an Apple Account. Attendees control how their details show up to others, and have the ability to leave or report an event at any time.

Additional iCloud+ Premium Features

In addition to event creation in Apple Invites, iCloud+ subscribers have access to many more premium features:
- Expanded storage allows users to keep large libraries of original, high-resolution photos, videos, and files safe in iCloud, and easily accessible across all of their devices and the web.
- Private Relay keeps browsing in Safari entirely private from network providers, websites, and even Apple.
- Hide My Email generates unique, random email addresses whenever needed.
- HomeKit Secure Video allows users to capture and review home security footage in an end-to-end encrypted format.
- Custom email domains enable users to personalize their iCloud email address.
- Family Sharing allows users to share their iCloud+ subscription with up to five people at no extra cost.
Users can learn more about subscribing to iCloud+ at apple.com/icloud, with plans starting at just $0.99.

Availability

Apple Invites is available today as a free download from the App Store for all iPhone models running iOS 18 or later, and can be accessed on the web at icloud.com/invites. Some features are not available in all regions or in all languages. For more information, visit apple.com/ios/feature-availability.

About Apple Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.
1. Apple Intelligence is available on iPhone 15 Pro, iPhone 15 Pro Max, iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max running iOS 18.2 and later, and can be accessed in most regions around the world when the device and Siri language are set to localized English for Australia, Canada, New Zealand, South Africa, the U.K., or the U.S.
Press Contacts

Tania Olkhovaya

Apple

tolkhovaya@apple.com

Shane Bauer

Apple

shanebauer@apple.com

Apple Media Helpline

media.help@apple.com
MIL OSI Economics –
February 5, 2025
MIL-OSI: Click announced the CEO Statement

Source: GlobeNewswire (MIL-OSI)

Hong Kong, Feb. 04, 2025 (GLOBE NEWSWIRE) — Today, Click Holdings Limited (NASDAQ: CLIK) (“Click” or the “Company” or “we” or “our”), a fast-growing human resources solutions provider based in Hong Kong, would like to share the joy and happiness of the Lunar Chinese New Year with all our shareholders, customers and business partners. As we drew a close to the Year of Dragon, our CEO, Mr. Chan Chun Sing, Jeffrey would like to report to you our numerous key achievements in 2024 and share his visions for the year ahead.

“2024 was a remarkable year for Click.” said Jeffrey, founder and CEO of Click. “Not only did we accomplish the historical public listing by raising US$5.6 million on Nasdaq, we also achieved countless breakthroughs in our business.”

“We experienced significant growth across all segments. As for the seniors nursing solution services, we achieved a record of over 170,000 service hours in calendar year 2024, expecting a growth of 60% as compared to that of 2023. In particular, we project our logistic solution services would record a spectacular growth of 90%. To further extend our coverage, in December 2024, we entered a cooperation agreement with Care U Professional Nursing Service Limited, one of the leading nursing service providers in Hong Kong, in order to tap into the prominent government-sponsored CCSV scheme aiming to provide community care services to senior citizens in Hong Kong.”

Key 2024 Achievements

– Strong growth in revenue – projected 40% surge in overall revenue in calendar year 2024 compared to that of 2023. We project both our nursing and logistics solutions segment recorded strong growth of 30% and 90% respectively.

– Successfully raised US$5.6M of capital from listing

– Tapping into home seniors nursing service through government-sponsored CCSV scheme

Outlook for 2025 and Beyond

“While unemployment rate in Hong Kong stays low at around 3%, a change in working habit such as freelancers and slashers, is believed to be permanent. Therefore, we continue to expect high demand of human resources outsourcing services in the market. Meanwhile, as aging population becomes a global phenomenon, we will continue to invest big in the seniors nursing solution sector. We will expand our collaboration with business partners and may consider M&A options when opportunities arise.”

“Furthermore, embracing technology has always been a key to our success. Our CTO, Nixon Chau, former GM of SenseTime Group, a leading AI software company, will lead our team to expand into the smart home solutions market for seniors in Hong Kong. Needless to say, we will continue to invest in expanding our talent pool which has been the bedrock to our business, and will extend services to cover property management, food and beverages, and retailing, sectors all currently facing labour shortages in Hong Kong. We are currently the only Nasdaq-listed company focusing on seniors nursing HR solution in Hong Kong and will continue to sustain strong growth by providing a convenient platform to connect our talents with our clients’ HR shortfall.”

“Looking ahead, I remain fully confident in all our business developments and I hope you feel the same. Last but not least, on behalf of Click, I would like to extend our warmest greetings to all our shareholders, customers and business partners, Kung Hei Fat Choy, wish you Good Health and Good Fortune in the Year of Snake ahead.” said Jeffrey.

About Click Holdings Limited

We are a fast-growing human resources solutions provider based in Hong Kong, aiming to match our client’s human resources shortfall through our proprietary AI-empowered talent pool by one “click”. Our key businesses primarily include nursing solution (mainly seniors) services, logistics solution services and professional solution services.

For more information, please visit https://clicksc.com.hk.

Safe Harbor Statement

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

For enquiry, please contact:

Click Holdings Limited
Unit 709, 7/F., Ocean Centre
5 Canton Road
Tsim Sha Tsui, Kowloon
Hong Kong
Email: jack.wong@jfy.hk
Phone: +852 2691 8200

The MIL Network –

February 5, 2025
MIL-OSI Russia: New Horizons for International Tourism Education: GUU and RIAT Sign Cooperation Agreement

Translartion. Region: Russians Fedetion –

Source: State University of Management – Official website of the State –

On February 4, 2024, an agreement was signed between the State University of Management and the Russian International Academy of Tourism.

On behalf of GUU, the agreement was signed by Rector Vladimir Stroyev, on behalf of RIAT – by Rector Evgeny Trofimov. Also present at the meeting were Vice-Rector of our university Maria Karelina, Director of the Institute of Personnel Management, Social and Business Communications of GUU Alexey Chudnovsky, Vice-Rector and Dean of the Faculty of Tourism Management of RIAT Elena Aliluyko, Vice-Rector for Development of Master’s and Postgraduate Programs of the Academy of Tourism Tatyana Rassokhina and Director of the Center for International Educational Programs, Projects and Public Relations of RIAT Alexey Ryabov.

Welcoming the guests, Vladimir Stroyev noted that the Russian International Academy of Tourism has always been one of the leaders in its specialized sector. Now the state pays special attention to this area. Despite the fact that the key area for the State University of Management is industry management, tourism disciplines in the Institute of Management and Budgetary Culture are also in demand, so it makes sense to strengthen work in this area. Speaking about the international activities of the State University of Management, the rector reported that our university has a secretariat of the Eurasian Network University, which has recently been joined by educational institutions in Transnistria and Cuba, and Iran is showing increasing interest.

“In addition to love and friendship, ESU also has material contours: 345 places for additional professional education, a budgetary master’s program, the Eurasian Olympiad,” Vladimir Vitalyevich shared. The rector also spoke about the university’s work within the BRICS Business School and the foreign internships organized by the State University of Management for graduates of the Presidential Program for the Training of Management Personnel for the Organization of the National Economy of the Russian Federation – “also entrepreneurial tourism.”

Rector of the Russian Academic Materiel Union Evgeny Trofimov briefly spoke about the 55-year history of the academy, complained about the objective difficulties in developing international cooperation related to the geopolitical situation in the world, but at the same time noted the successes in maintaining business ties with the largest European universities and international tourism organizations, which warmly congratulated the Russian Academic Materiel Union on its anniversary in May. Some joint programs were successfully defended and will continue to operate. In addition, new agreements were signed with universities in India and the Philippines. Evgeny Nikolaevich reported that during the crisis in relations, the academy added new programs to its portfolio of educational services: customs, law, logistics, design and architecture. In total, the Russian Academic Materiel Union currently trains students in 28 areas. The academy has six branches: in Yerevan, Kazan, Pskov, two in the Moscow region and one in Moscow, at the Izmailovo hotel complex. Secondary vocational education is growing rapidly; the number of graduates has recently increased from 60 to 750 people per year.

Vladimir Stroyev specifically focused on the development of network educational programs at the State University of Management: “We clearly understood that no university, even a large and state-owned one, can advance its agenda alone. Universities now face so many important tasks that it is very difficult to cope with them on their own. Only together are we strong.”

Vice-Rector of the State University of Management Maria Karelina told the guests that Vladimir Stroyev and Alexey Chudnovsky were awarded the state prize in the field of education for organizing and conducting the “University Shifts” program, which is also related to tourism.

Alexey Chudnovsky thanked his colleagues for the visit and noted their long-term joint work on international programs. It is natural that our universities came to sign a cooperation agreement. First of all, the emphasis will be on combining efforts to develop international educational programs.

“They are of interest to your and our students, so we are taking the first step towards network agreements that will expand coverage and provide an opportunity to use each other’s network programs. Tourism is a messenger of peace, it must be taken seriously. We have something to offer each other, we are opening a second wind to international relations in the field of education and will work on additional agreements to give more opportunities to our common students,” Alexey Danilovich summed up the meeting.

Subscribe to the TG channel “Our GUU” Date of publication: 02/04/2025

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 –

February 5, 2025
MIL-OSI Global: DRC: history is repeating itself in Lubumbashi as the world scrambles for minerals to go green

Source: The Conversation – Africa – By Brandon Marc Finn, Research Scientist at the School for Environment and Sustainability, University of Michigan

Lubumbashi is a city in the mineral-rich Katanga region in the south of the Democratic Republic of Congo (DRC).

Many people might not have heard of it, but Lubumbashi and its surrounding region have been at the centre of global geopolitics since the start of the 20th century. The area provided immense sources of copper, a metal that helped electrify the planet in the 1900s. It was also the source of all the uranium for the atom bombs used in the second world war.

The global demand for these minerals came at a great price. Lubumbashi grew as a divided city where housing and labour were spatially and racially segregated. Congolese workers were exploited, abused and taxed as urban and mining strategies were used to reshape society.

History is repeating itself. Neocolonialism now shapes the extraction of DRC resources.

Read more:
DRC is the world’s largest producer of cobalt – how control by local elites can shape the global battery industry

Today, the southern DRC produces over 70% of the world’s cobalt. Cobalt is a mineral essential to decarbonisation – a strategy to reduce harmful carbon dioxide emissions. Cobalt is present in batteries in electric vehicles, mobile phones, laptop computers and renewable energy storage systems.

Like copper and uranium before it, cobalt mining has been linked to widescale exploitation and child labour. Corruption and elite capture remain defining features of mining in the DRC.

We are academics who research urbanisation, mining and sustainability as well as urban planning and environmental management. Our recent paper addresses the fact that African cities like Lubumbashi are at the heart of events that have shaped the modern world, yet they are woefully neglected in global urban theory (thinking about how cities form and develop) and urban geography.

Focusing on the global north and neglecting the south leads to major data gaps and contributes to mismatched and outdated urban policy.

We also argue that the human rights abuses and perils of today’s cobalt mining are new forms of old colonial practices. They strip the land and people of resources without proper pay. They offer green minerals to the global north at the cost of lives in the global south.

Sustainable cities and global decarbonisation are essential if we are to reduce cities’ carbon footprints and decarbonise economies in the face of the climate crisis.

Lubumbashi’s history, therefore, can offer a fuller understanding of the human and historical costs of minerals that shape cities – and the world.

A brief history of Lubumbashi

Lubumbashi was originally called Elisabethville. It was established by colonial Belgium in 1910 precisely to extract copper for global markets. This was done through a company named Union Minière du Haut Katanga (UMHK).

Concessionary companies made enormous profits in the Congo Free State between 1885 and 1908. The entire country stood under the private ownership of King Leopold II of Belgium. These companies were given the right to extract minerals and rubber through taxes imposed on local people.

The Belgian Compagnie du Katanga (which later founded UMHK) had the task of establishing the physical and economic infrastructure of the region. In exchange for laying the groundwork for the extractive industries, soon to be headquartered in Elisabethville, the company was given a third of all unoccupied land in Katanga. The Belgians established a copper smelter and constructed roads. Temporary headquarters were established to supervise Elisabethville’s expansion.

One initial method of controlling the local rural people was a “hut tax” that had to be paid to live in Lubumbashi. Later, a “head tax” was introduced to raise funds for colonial management. It forced people into labour as the only means to pay off their newly acquired debt to the colonial state.

Elisabethville served as the device to assert effective occupation. It also staved off the possibility of British occupation of the territory. The Belgians planned Elisabethville by reproducing the urban forms and racial segregation of Bulawayo’s grid in Southern Rhodesia (part of today’s Zimbabwe) and Johannesburg in South Africa.

UMHK dominated the colonial economy as demand for copper increased worldwide. UMHK also stipulated which seeds would be planted where for agriculture. It dissolved local markets and whipped labourers.

Copper was in such high demand because it is a non-corrosive material that conducts electricity well. It lined telegraph and electrical transmission cables across the globe.

Copper mining acted as a springboard from which UMHK could spread its influence. It developed railways, cities, labour camps and mining sites throughout Katanga.

This allowed UMHK access to the extraction of another resource that would shape the global geopolitical landscape: uranium – extracted from the Shinkolobwe mine in Katanga.

It was the Belgian colonial presence that allowed the US to have access to uranium deposits as they sought to beat Germany in the race to build atomic weapons. All the uranium used in the two nuclear bombs dropped on Hiroshima and Nagasaki came from Katanga.

This highlights the global significance of, but a neglected focus on, the impacts of mineral supply chains in the global south. Control over Lubumbashi’s minerals cannot be underplayed in this global historical event.

Katanga seceded from the Congo for three years, 11 days after the country gained independence from Belgium in 1960. The fight to gain control over Katanga’s resources led to the US and Belgian-backed assassination of the first independence leader, Patrice Lumumba. He was intent on reunifying Congo.

Mobutu Sese Seko became president of Zaire (today’s DRC) after a coup in 1965. He nationalised UMHK a year later. Mobutu served as president for almost 32 years, and his regime was characterised by autocratic corruption and economic exploitation.

Cobalt and global decarbonisation

The growth of modern technology relies, at least in part, on the extraction of cobalt in the DRC before it is shipped, mainly to China.

Cobalt is extracted as a byproduct of copper mining. Artisanal and small-scale mining and child labour remain a salient feature of cobalt extraction in the DRC. These miners receive little to no support and reflect the historical structural marginalisation created in the region.

Lubumbashi serves as the mining headquarters of the southern DRC, and other cities, like Kolwezi, have grown rapidly in response to the surge in cobalt demand. Spatial and labour-related inequalities from the past are being replicated and expanded on in the present.

The DRC’s impoverishment continues apace as South African, Kazakh, Swiss and, with increasing influence, Chinese mining companies maintain their practice of exclusionary extraction, social displacement and political corruption.

Why this matters

Our research shows the importance of understanding the history of extraction and urban settlement in the region to shed light on new forms of old practices associated with decarbonisation. We see this as a continuing form of colonial power – as neocolonialism.

Contemporary debates around global inequalities associated with decarbonisation highlight how African populations must endure poor living conditions while the global north transitions to low-carbon technologies. We must find ways to move away from carbon-based economies that do not reproduce colonial inequalities.

Read more:
Patrice Lumumba’s tooth represents plunder, resilience and reparation

Lubumbashi demonstrates the importance of African cities and resources in understanding critical global developmental and geopolitical issues.

For decarbonisation to be socially and environmentally just, it must contend with the people, places, and environments on which the future of low-carbon technology is based. Lubumbashi’s history shows how challenging this task will be.

Brandon Marc Finn has received funding from the University of Michigan and Harvard University to conduct this research.

Patrick Brandful Cobbinah has received research funding from the Lincoln Institute of Land Policy. He is a member of the Planning Institute of Australia.

– ref. DRC: history is repeating itself in Lubumbashi as the world scrambles for minerals to go green – https://theconversation.com/drc-history-is-repeating-itself-in-lubumbashi-as-the-world-scrambles-for-minerals-to-go-green-248571

MIL OSI – Global Reports –

February 5, 2025
MIL-OSI Global: How Donald Trump’s attacks on Canada are stoking a new Canadian nationalism

Source: The Conversation – Canada – By Anna Triandafyllidou, Canada Excellence Research Chair in Migration and Integration, Toronto Metropolitan University

Is the threatened trade war between Canada and the United States igniting a new form of Canadian nationalism? Polls suggest Canadians are overwhelmingly opposed to any notion of becoming the 51st American state as the U.S. anthem is being roundly booed at sporting events in Canada.

If a new Canadian nationalism is emerging, what will it look like in a country that declared itself in 2015 the first post-national state, stoking envy around the world over Canada’s inclusive nationalism?

U.S. President Donald Trump has threatened to launch 25 per cent tariffs on most Canadian exports in a month’s time after weeks of persistently provoking both Canadian leaders and citizens with his repeated calls to make Canada the 51st state.

Read more:
Canada, the 51st state? Eliminating interprovincial trade barriers could ward off Donald Trump

Such calls have led to significant outrage, prompting Canadian leaders that include Justin Trudeau, Chrystia Freeland and Doug Ford to respond that Canada is not for sale and that Canada is a country by choice.

Opposed to joining the U.S.

If there was any suggestion that being a “post-national” state would lead to an openness to join the U.S., recent polls show the opposite: 90 per cent of Canadians reject that scenario.

Two thirds of Canadians polled in 2021 felt that Canada is faring better than the U.S. on most counts, including quality of life, protection of rights, standards of living and opportunities to get ahead.

This percentage had significantly grown compared to the 1980s or 1990s.

So how does a feeling of being an inclusive, post-national state reconcile with a firm sentiment of patriotism that is growing stronger by the day? And what are the contradictory currents in Canadian identity today?

Contemporary Canadian identity

I have been studying nationalism for 30 years, with a special focus on how immigration, migration and national identity interact. My work suggests there are a few elements that buttress and support Canada’s identity today.

National identity is not a closed container of cultural elements. It develops interactively. As we’re seeing today, amid uncertainty, geopolitical competition as well as close socio-economic interdependence, national identity can emerge with a renewed force.

Diversity can lead either to a plural national identity that is open to change or a neo-tribal identity that is reactionary. Plural nationalism acknowledges the changing demographic or political circumstances of the nation, and through a process of tension, conflict and change, it creates something new.

This nationalism is plural not because it acknowledges diversity as a fact, but because it makes a commitment to engage with diversity.

But dealing with new challenges and increasing diversity may also lead to rejecting “the other.” I use the term tribal to emphasize that this type of nationalism, regardless of whether the in-group is defined in territorial-civic or blood-and-belonging terms, is predicated on an organic, homogenous conception of the nation.

In this situation, the nation is represented as a compact unit that does not allow for variation or change. The only way to deal with challenges of mobility and diversity is to close rank, resist and reject it.

Neo-tribal nationalism is not static. It is dynamic and interactive too — although its reaction to new challenges and to diversity, from within or from outside, involves closure and rejection.

It is neo-tribal because it develops and thrives in a world that is ever more interconnected. Social media platforms play an important role here as their algorithms create neo-tribal digital ecochambers where everyone is closed within their digital bubble of like-minded people.

COVID-19 experiences

Challenged by the COVID-19 pandemic crisis, Canada faced important dilemmas. For instance, should temporary residents be encouraged to return home or or stay when the pandemic broke out and borders closed around the world? Canada opted for the latter.

Unlike Australia — where temporary workers and international students were encouraged to go home — the Canadian government stated that temporary migrants whose “effective residence” was in the country would be supported to stay.

The term “effective residence” defined membership on the basis of habitual residence; where people lived, worked, sent their kids to school and paid taxes. Living together formed a sense of common fate, reinforcing an expansive and inclusive view of who is a Canadian.

In addition, recognizing the essential work performed by many temporary residents, such as asylum-seekers employed in senior care homes, Canada introduced special measures to facilitate their transition to permanent status.

Read more:
Working more and making less: Canada needs to protect immigrant women care workers as they age

In August 2020, Marco Mendicino, Canada’s immigration minister at the time, announced a special path to permanent residency (now known as the Guardian Angels program), noting that “they demonstrated a uniquely Canadian quality …in that they were looking out for others, and so that is why today is so special.”

Mendicino emphasized that the behaviour of these workers qualified them as Canadians; their important contribution in “caring for the other” was defined as a very special element in the national identity.

National unity bolstered by diversity

The Canadian patriotism that is emerging today in the face of Trump’s actions — and in the words of almost all Liberal, Conservative and NDP leaders — builds on solid ground.

Canadian nationalism has not just been about being polite, but rather builds on decades of positive confrontation with challenges.

A July 2024 Environics poll suggested Canadians do not feel they need to choose among their multiple identities or to exclude others in order to revitalize their sense of identity and belonging.

National unity is strengthened by internal diversity. The looming trade war and threats of annexation by Trump may be having a beneficial impact in reminding Canadians of the values that unite them and that Canada is indeed “a country by choice.”

Anna Triandafyllidou receives funding from the Social Sciences and Humanities Research Council of Canada (SSHRC) and the Tri-Agency Council of Canada.

– ref. How Donald Trump’s attacks on Canada are stoking a new Canadian nationalism – https://theconversation.com/how-donald-trumps-attacks-on-canada-are-stoking-a-new-canadian-nationalism-247958

MIL OSI – Global Reports –

February 5, 2025
MIL-OSI Global: How food can be used to support people living with dementia

Source: The Conversation – Canada – By Navjot Gill-Chawla, Doctoral Candidate, Aging, Health and Well-being, University of Waterloo

From the aroma of freshly ground spices to the rhythmic sounds of a mortar and pestle, food evokes strong sensory memories, making it a powerful tool in dementia care. (Shutterstock)

As dementia rates rise globally, families and care partners are seeking ways to maintain meaningful connections with loved ones experiencing memory loss. In many cultures, food is central to cultural identity and family life.

Cooking traditional recipes can also a unique way to evoke memories and foster social connections. Familiar flavours, scents and cooking techniques can provide support and comfort to those living with dementia.

In South Asian cultures, food is deeply intertwined with identity, memory and relationships. From the aroma of freshly ground spices to the rhythmic sounds of a mortar and pestle, food evokes strong sensory memories, making it a powerful tool in dementia care.

When it comes to supporting people with dementia, food and cooking can be culturally relevant ways to enhance well-being, strengthen inter-generational bonds and preserve identity — making them an increasingly important tools in dementia care.

My research focuses on understanding the experiences of people living with dementia and their care partners in South Asian communities, and the importance of culturally inclusive care for dementia.

Food and memory

The connection between food and memory is well-documented. For individuals living with dementia who often experience memory loss and disorientation, familiar foods can trigger memories of specific events, places or people. For example, the scent of ghee-laden parathas or the sight of turmeric-coloured curries may evoke memories of childhood kitchens, family celebrations or community gatherings.

In South Asian communities, food is a cornerstone of cultural identity. Dishes are often tied to regional traditions, religious practices, and family legacies. For individuals living with dementia, preparing or consuming familiar foods can provide a sense of stability and continuity.

A person with dementia may find comfort in the ritual of making chai, even if they forget other aspects of their daily routine. Similarly, they might find joy in tasting the traditional foods of their region.

Dementia care often involves strategies that engage the senses to improve quality of life. Food offers a multi-sensory experience — taste, smell, touch, sight and even sound. For South Asian older adults, the act of rolling dough for rotis, smelling fragrant basmati rice or hearing the crackle of mustard seeds in hot oil can stimulate the senses and provide therapeutic benefits.

Engaging individuals in food preparation can also help maintain fine motor skills and foster a sense of purpose. Even simple tasks like peeling garlic, mixing spices or stirring a pot can provide opportunities for engagement and connection. Importantly, these activities do not need to be perfect — the process itself is valuable.

In cultures around the world, meals are rarely solitary. Food is inherently social, often prepared and shared among family members. For individuals living with dementia, mealtime can be an opportunity to strengthen familial bonds and reduce feelings of isolation. Sharing a meal allows care partners and family members to engage in meaningful interactions, even if verbal communication is limited.

Inter-generational cooking can be particularly engaging. Grandparents living with dementia can pass on recipes to their grandchildren, creating moments of joy and preserving cultural heritage. These interactions help younger generations understand dementia while fostering empathy and appreciation for their elders.

Adapting for dementia care

While traditional South Asian dishes can be comforting, they may need to be adapted for individuals living with dementia. For example, finger foods like pakoras or stuffed parathas can be easier to handle than dishes requiring utensils. Similarly, simplifying recipes with fewer ingredients or steps can make the cooking process more manageable for individuals living with dementia.

Nutritional considerations are also crucial. Many South Asian dishes are rich in fats, carbohydrates and spices, which may not align with the dietary needs of older adults. Modifying recipes to include more vegetables, lean proteins and lower salt levels can ensure that meals are both nutritious and culturally familiar.

Despite its benefits, using food as a tool for dementia care is not without challenges. Care partners often face time constraints, lack of resources or their own emotional burdens, which may limit their ability to engage in food-based activities. Additionally, some families may struggle to adapt traditional recipes, especially if they lack culinary skills or are unfamiliar with healthy substitutions.

Community support organizations can play a pivotal role in overcoming these barriers. Cooking workshops, memory cafés with food themes or culturally tailored resources can empower families to incorporate food into dementia care. For instance, community centres can organize events where older adults and care partners come together to prepare traditional meals, share recipes and build support networks.

Inter-generational cooking can be particularly engaging. Grandparents living with dementia can pass on recipes to their grandchildren, creating moments of joy and preserving cultural heritage.
(Shutterstock)

Culturally tailored dementia care

Integrating food into dementia care underscores the importance of culturally tailored approaches. Incorporating cultural elements like food acknowledges the holistic needs of individuals and their families. Health-care providers and community organizations must prioritize cultural humility, recognizing the unique role that food plays in the lives of South Asian families living with dementia.

In the journey of dementia care, food is more than a tool for nourishment. For South Asian communities, it is a source of connection, identity and healing. By integrating food into care practices, families and care partners can unlock its potential to evoke memories, strengthen relationships and improve the well-being of individuals living with dementia.

With culturally sensitive support and resources, food can become a powerful ally in navigating the complexities of dementia care, one bite, one memory and one story at a time.

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

– ref. How food can be used to support people living with dementia – https://theconversation.com/how-food-can-be-used-to-support-people-living-with-dementia-248731

MIL OSI – Global Reports –

February 5, 2025
MIL-OSI: Kinematics Strengthens Global Leadership in Solar Tracker Intelligence with Completion of P4Q Acquisition

Source: GlobeNewswire (MIL-OSI)

PHOENIX, Feb. 04, 2025 (GLOBE NEWSWIRE) — Kinematics, a global leader in intelligent motion control, today announced the successful completion of its acquisition of P4Q. By integrating P4Q’s high-performance electronics portfolio—including over 1 million solar controllers deployed across 2,400 solar sites globally—with Kinematics’ installed base of 2.9 million solar actuators, the combined company becomes the world’s largest supplier of motion control technology for solar trackers supporting more than 134 gigawatts of solar installations worldwide.

Kinematics has gained P4Q’s expertise in full-stack electronics, including their market-leading tracker controls brand, Suntrack^®, to complement its innovative actuation systems. This acquisition allows Kinematics to provide a complete solution for solar tracker motion technology, simplifying design integration and supply for solar tracker OEMs, enabling the most advanced tracking systems for future installations and providing asset owners a path toward upgrading outdated systems.

“This acquisition creates increased scale, expanded global support, and unified motion control solutions,” said John Payne, CEO of Kinematics. “By combining our strengths, we’re setting new standards for intelligent solar tracking technology. Our expanded portfolio of solutions will improve solar plant production, increase reliability, and enhance value to accelerate the growth and adoption of solar energy on a global scale.”

“Our integration into Kinematics will enhance our business and create new opportunities for our team. Innovation is in our DNA, and we will continue providing disruptive solutions to our clients as well as excellent service,” said Aitor Alapont, CEO of P4Q.

A cornerstone of the combined offering is P4Q’s revolutionary Self-Powered Plus (SPP) Controller Technology. This innovative solution eliminates the need for traditional pony panels, freeing up space on the tracker surface, and reducing both capital expenditure and installation complexity, while also offering superior power availability under low irradiance conditions.

The acquisition builds on Kinematics’ recent innovations in motion control, including the breakthrough ST Series actuators launched in 2024. Featuring a maintenance-free design, the ST Series delivers up to 50% more holding torque in a smaller form factor, enhancing solar tracker performance and reliability – capabilities that will be further strengthened through the integration of both companies.

“This milestone will create synergies, expand our portfolio of products and services, and optimize our global operations, undoubtedly providing a significant boost to all our business verticals,” said Noemí Pérez, Commercial Director at P4Q.

The combined company will be headquartered in the U.S. with R&D in the U.S., Europe, and APAC. Kinematics will now have six manufacturing centers, including the U.S. and Europe, and seven service centers located globally.

About Kinematics
Founded in 1996, Kinematics is a global leader in precision motion control solutions, specializing in the design and manufacture of slew drives, slew rings, and actuation technology. With a strong focus on renewable energy, Kinematics supplies critical engineered systems, sensors, gears, and controllers that maximize the efficiency of solar installations worldwide, along with applications for the mobile industrial and satellite ground station sectors. The company is headquartered in Phoenix, Arizona, and operates globally with facilities in Asia and North America.

About P4Q
P4Q is a premier provider of IoT solutions, specializing in electronic devices, communication technologies, and cloud-based monitoring for solar tracking systems, medical diagnostic equipment, and more. The company also supports industries such as railway and industrial electronics. Renowned for its commitment to innovation and high-performance solutions, P4Q has established a strong reputation for excellence, particularly in the solar energy sector. Headquartered in Spain, P4Q serves clients across Europe, the Americas, and beyond.

Press Contact:
Matt Clarke
matt@teamsilverline.com
301.467.7332

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a835f342-87fb-45f3-a382-21134f6fc8a4

The MIL Network –

February 5, 2025
MIL-OSI United Kingdom: IXCHIQ vaccine approved to protect adults against Chikungunya
Source: United Kingdom – Government Statements

The Medicines and Healthcare products Regulatory Agency (MHRA) has today, 4 February 2025, approved the vaccine chikungunya vaccine (live) (brand name IXCHIQ) to protect adults against chikungunya disease, caused by the chikungunya virus (CHIKV).
CHIKV is found in the subtropical regions of the Americas, Africa, Southeast Asia, India, and the Pacific Region, and is spread to humans by the bite of an infected mosquito (Aedes aegypti and Aedes albopictus). It cannot be passed from human to human.

The majority of people infected with CHIKV develop a sudden fever and severe pain in multiple joints. Other symptoms may include headache, muscle pain, joint swelling, or rash. These symptoms typically resolve within 7 to 10 days, and most patients make a full recovery. However, in some cases joint pain and arthritis may persist for several months or even years. Occasional cases of eye, neurological and heart complications have been reported, as well as gastrointestinal complaints.

Chikungunya vaccine has been approved for use as a prophylaxis against chikungunya disease. The vaccine contains a form of the virus that has been weakened in the laboratory so it cannot multiply. The vaccine works by training the immune system (the body’s natural defences) to recognise CHIKV and it is then able to produce specific antibodies which attack the virus.

Julian Beach, MHRA Interim Executive Director of Healthcare Quality and Access, said:

Patient safety is our top priority, which is why I am pleased to confirm approval of the first vaccine in the UK to protect adults 18 years and older against Chikungunya disease.  It is given as a single dose.

While mostly endemic to tropical and subtropical regions of Africa, Southeast Asia, and parts of the Americas, the virus has been detected in small numbers in new geographical areas including parts of Europe. It is therefore important we are prepared for potential further spread. 

This approval is another demonstration of our commitment to supporting the UK in its efforts toward global pandemic preparedness. 

As with all products, we will keep its safety under close review.

The recommended dose of chikungunya vaccine (live) can only be obtained via a prescription.

The benefits of chikungunya vaccine (live) were assessed in two main studies involving around 4,500 adults. In one main study, over 4,000 people were given the vaccine or a placebo (a dummy treatment).

The aim of the study was to determine whether the vaccine would trigger the immune system to produce a level of antibodies that, based on pre-clinical studies and information from people previously exposed to the virus who had developed immunity, is expected to provide protection.

Results showed that 99% of participants who received chikungunya vaccine (live) had the required level of antibodies after one month, compared with none of those who received placebo. Follow-up data showed that two years after vaccination, this target level was maintained in 97% of people who received the vaccine.

During clinical studies, the most common side effects with   chikungunya vaccine (live) (which may affect more than 1 in 10 people) include leucopenia, neutropenia and lymphopenia (low levels of white blood cells, including neutrophils and lymphocytes, as seen in blood tests), headache, fatigue, myalgia (muscle pain), joint pain (arthralgia), elevated liver enzymes as seen in blood tests, fever, nausea (feeling sick), and tenderness, pain, erythema (redness), induration (hardening) or swelling at the site of injection.

As with any medicine, the MHRA will keep the safety and effectiveness of the vaccine under close review. 

Anyone who suspects they are having a side effect from this vaccine are encouraged to talk to their doctor, pharmacist or nurse and report it directly to the Yellow Card scheme, either through the website (https://yellowcard.mhra.gov.uk/) or by searching the Google Play or Apple App stores for MHRA Yellow Card.   

 ENDS   

Notes to editors   

The new marketing authorisation was granted on 4 February 2025 to VALNEVA AUSTRIA GMBH

The vaccine has been approved by the MHRA under the International Recognition Procedure, after confirming it meets the UK regulator’s standards of safety, quality, and effectiveness.

More information can be found in the Summary of Product Characteristics and Patient Information leaflets which will be published on the MHRA Products website within 7 days of approval. 

The Medicines and Healthcare products Regulatory Agency (MHRA) is responsible for regulating all medicines and medical devices in the UK by ensuring they work and are acceptably safe.  All our work is underpinned by robust and fact-based judgements to ensure that the benefits justify any risks. 

The MHRA is an executive agency of the Department of Health and Social Care. 

For media enquiries, please contact the newscentre@mhra.gov.uk, or call on 020 3080 7651.

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Published 4 February 2025
MIL OSI United Kingdom –
February 5, 2025
MIL-OSI USA: CFTC Staff Issues No-Action Letter to Korea Exchange Concerning the Offer or Sale of KOSPI and Mini KOSPI 200 Futures Contracts

Source: US Commodity Futures Trading Commission

CFTC Staff Issues No-Action Letter to Korea Exchange Concerning the Offer or Sale of KOSPI and Mini KOSPI 200 Futures Contracts | CFTC

/PressRoom/PressReleases/9043-25
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February 04, 2025

WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Market Oversight today issued a no-action letter stating it will not recommend the CFTC take enforcement action against Korea Exchange (KRX) for the offer or sale of Korea Composite Stock Price Index (KOSPI) 200 Futures Contracts and Mini KOSPI 200 Futures Contracts to persons located within the United State while the Commission’s review of KRX’s forthcoming request for certification of the contracts under CFTC Regulation 30.13 is pending. DMO issued similar letters when the KOSPI 200 became a broad-based security index in 2021 and 2022. [See CFTC Press Release Nos. 8464-21 and 8610-22]
The KOSPI 200 became a narrow-based security index in February 2024. Futures contracts on narrow-based security indexes are subject to joint CFTC and Securities and Exchange Commission jurisdiction. Futures contracts on non-narrow-based (also known as broad-based) security indexes are subject to exclusive CFTC jurisdiction.
The KOSPI 200 is set to become a broad-based security index on February 6, 2025, and the no-action position in DMO’s letter will be effective on that date.

-CFTC-

MIL OSI USA News –

February 5, 2025

MIL-OSI: First Financial Corporation Reports 2024 Results

Source: GlobeNewswire (MIL-OSI)

TERRE HAUTE, Ind., Feb. 04, 2025 (GLOBE NEWSWIRE) — First Financial Corporation (NASDAQ:THFF) today announced results for the fourth quarter of 2024.

Net income was $16.2 million compared to $12.4 million reported for the same period of 2023;
Diluted net income per common share of $1.37 compared to $1.06 for the same period of 2023;
Return on average assets was 1.18% compared to 1.05% for the three months ended December 31, 2023;
Credit loss provision was $2.0 million compared to provision of $2.5 million for the fourth quarter 2023; and
Pre-tax, pre-provision net income was $22.3 million compared to $16.6 million for the same period in 2023.¹

The Corporation further reported results for the year ended December 31, 2024:

Net income was $47.3 million compared to $60.7 million reported for the same period of 2023;
Diluted net income per common share of $4.00 compared to $5.08 for the same period of 2023;
Return on average assets was 0.92% compared to 1.26% for the twelve months ended December 31, 2023;
Credit loss provision was $16.2 million compared to provision of $7.3 million for the twelve months ended December 31, 2023; and
Pre-tax, pre-provision net income was $73.4 million compared to $79.7 million for the same period in 2023.¹

______________________________
¹Non-GAAP financial measure that Management believes is useful for investors and management to understand pre-tax profitability before giving effect to credit loss expense and to provide additional perspective on the Corporation’s performance over time as well as comparison to the Corporation’s peers and evaluating the financial results of the Corporation – please refer to the Non GAAP reconciliations contained in this release.

Average Total Loans

Average total loans for the fourth quarter of 2024 were $3.79 billion versus $3.13 billion for the comparable period in 2023, an increase of $657 million or 20.98%. On a linked quarter basis, average loans increased $84.7 million or 2.29% from $3.71 billion as of September 30, 2024. Increases in average loans year-over-year were mostly a result of the acquisition of SimplyBank on July 1, 2024.

Total Loans Outstanding

Total loans outstanding as of December 31, 2024, were $3.84 billion compared to $3.17 billion as of December 31, 2023, an increase of $669 million or 21.13%. On a linked quarter basis, total loans increased $122 million or 3.28% from $3.72 billion as of September 30, 2024. The year-over-year increase was impacted by the $467 million in loans acquired in the SimplyBank acquisition. Organic growth was primarily driven by increases in Commercial Construction and Development, Commercial Real Estate, and Consumer Auto loans.

Norman D. Lowery, President and Chief Executive Officer, commented “We experienced another sound quarter of loan growth and record net interest income. During the quarter our net interest margin expanded, and we expect continued improvement in coming quarters.”

Average Total Deposits

Average total deposits for the quarter ended December 31, 2024, were $4.76 billion versus $4.05 billion as of December 31, 2023, an increase of $706 million or 17.44%. Increases in average deposits year-over-year were mostly a result of the acquisition of SimplyBank. On a linked quarter basis, average deposits increased $52 million, or 1.10% from $4.71 billion as of September 30, 2024.

Total Deposits

Total deposits were $4.72 billion as of December 31, 2024, compared to $4.09 billion as of December 31, 2023, a $629 million increase, or 15.37%. On a linked quarter basis, total deposits increased $1.4 million, or 0.03%. $622 million in deposits were acquired in the SimplyBank acquisition. Non-interest bearing deposits were $859.0 million, and time deposits were $749.4 million as of December 31, 2024, compared to $750.3 million and $515.7 million, respectively for the same period of 2023.

Shareholders’ Equity

Shareholders’ equity at December 31, 2024, was $549.0 million compared to $528.0 million on December 31, 2023. During the last twelve months, the Corporation has not repurchased any shares of its common stock. 518,860 shares remain available for repurchase under the current repurchase authorization. The Corporation paid a $0.45 per share quarterly dividend in October and declared a $0.51 quarterly dividend, which was paid on January 15, 2025.

Book Value Per Share

Book Value per share was $46.36 as of December 31, 2024, compared to $44.76 as of December 31, 2023, an increase of $1.60 per share, or 3.57%. Tangible Book Value per share was $36.10 as of December 31, 2024, compared to $36.91 as of December 31, 2023.

Tangible Common Equity to Tangible Asset Ratio

The Corporation’s tangible common equity to tangible asset ratio was 7.86% at December 31, 2024, compared to 9.15% at December 31, 2023.

Net Interest Income

Net interest income for the fourth quarter of 2024 was a record $49.6 million, compared to $39.6 million reported for the same period of 2023, an increase of $10.0 million, or 25.29%.

Net Interest Margin

The net interest margin for the quarter ended December 31, 2024, was 3.94% compared to the 3.63% reported at December 31, 2023. On a linked quarterly basis, the net interest margin increased 16 basis points from 3.78% at September 30, 2024.

Nonperforming Loans

Nonperforming loans as of December 31, 2024, were $13.3 million versus $24.6 million as of December 31, 2023. The ratio of nonperforming loans to total loans and leases was 0.35% as of December 31, 2024, versus 0.78% as of December 31, 2023. The decrease in nonperforming loans is due to a commercial relationship that was downgraded in fourth quarter 2023 and subsequently resolved in 2024.

Credit Loss Provision

The provision for credit losses for the three months ended December 31, 2024, was $2.0 million, compared to $2.5 million for the fourth quarter 2023.

Net Charge-Offs

Fourth quarter net charge-offs were $1.4 million compared to $1.8 million in the same period of 2023.

Allowance for Credit Losses

The Corporation’s allowance for credit losses as of December 31, 2024, was $46.7 million compared to $39.8 million as of December 31, 2023. The allowance for credit losses as a percent of total loans was 1.22% as of December 31, 2024, compared to 1.26% as of December 31, 2023. On a linked quarter basis, the allowance for credit losses as a percent of total loans decreased 2 basis points from 1.24% as of September 30, 2024. The Corporation recorded $8.5 million in allowance for the acquisition of SimplyBank, which included $3 million to record purchased credit deteriorated (“PCD”) reserves.

Non-Interest Income

Non-interest income for the three months ended December 31, 2024 and 2023 was $12.2 million and $11.2 million, respectively.

Non-Interest Expense

Non-interest expense for the three months ended December 31, 2024, was $39.8 million compared to $34.2 million in 2023. This includes an overall increase in operating expenses as a result of the acquisition.

Efficiency Ratio

The Corporation’s efficiency ratio was 62.98% for the quarter ending December 31, 2024, versus 65.62% for the same period in 2023.

Income Taxes

Income tax expense for the three months ended December 31, 2024, was $3.8 million versus $1.7 million for the same period in 2023. The effective tax rate for 2024 was 17.28% compared to 16.31% for 2023.

About First Financial Corporation

First Financial Corporation (NASDAQ:THFF) is the holding company for First Financial Bank N.A., which is the fifth oldest national bank in the United States, operating 83 banking centers in Illinois, Indiana, Kentucky, Tennessee, and Georgia. Additional information is available at www.first-online.bank.

Investor Contact:
Rodger A. McHargue
Chief Financial Officer
P: 812-238-6334
E: rmchargue@first-online.com



	Three Months Ended						Year Ended
	December 31,		September 30,		December 31,		December 31,		December 31,
	2024		2024		2023		2024		2023
END OF PERIOD BALANCES
Assets	$	5,560,348	$	5,483,351	$	4,851,146	$	5,560,348	$	4,851,146
Deposits	$	4,718,914	$	4,717,489	$	4,090,068	$	4,718,914	$	4,090,068
Loans, including net deferred loan costs	$	3,837,141	$	3,715,235	$	3,167,821	$	3,837,141	$	3,167,821
Allowance for Credit Losses	$	46,732	$	46,169	$	39,767	$	46,732	$	39,767
Total Equity	$	549,041	$	565,951	$	527,976	$	549,041	$	527,976
Tangible Common Equity ^(a)	$	427,470	$	446,786	$	435,405	$	427,470	$	435,405

AVERAGE BALANCES
Total Assets	$	5,516,036	$	5,483,572	$	4,725,297	$	5,154,320	$	4,802,448
Earning Assets	$	5,196,352	$	5,165,520	$	4,485,766	$	4,871,293	$	4,564,135
Investments	$	1,311,415	$	1,342,037	$	1,279,821	$	1,310,263	$	1,358,661
Loans	$	3,790,515	$	3,705,779	$	3,133,267	$	3,468,534	$	3,111,784
Total Deposits	$	4,757,438	$	4,705,614	$	4,050,968	$	4,405,679	$	4,106,132
Interest-Bearing Deposits	$	3,925,740	$	4,403,454	$	3,291,931	$	3,767,259	$	3,304,816
Interest-Bearing Liabilities	$	134,553	$	157,227	$	206,778	$	166,377	$	199,551
Total Equity	$	556,330	$	546,912	$	463,004	$	535,963	$	486,572

INCOME STATEMENT DATA
Net Interest Income	$	49,602	$	47,170	$	39,590	$	174,986	$	167,262
Net Interest Income Fully Tax Equivalent ^(b)	$	50,985	$	48,630	$	40,942	$	180,586	$	172,716
Provision for Credit Losses	$	2,000	$	9,400	$	2,495	$	16,166	$	7,295
Non-interest Income	$	12,213	$	11,223	$	11,247	$	42,772	$	42,702
Non-interest Expense	$	39,801	$	38,564	$	34,244	$	144,438	$	130,176
Net Income	$	16,241	$	8,741	$	12,420	$	47,275	$	60,672

PER SHARE DATA
Basic and Diluted Net Income Per Common Share	$	1.37	$	0.74	$	1.06	$	4.00	$	5.08
Cash Dividends Declared Per Common Share	$	0.51	$	0.45	$	0.45	$	1.86	$	0.99
Book Value Per Common Share	$	46.36	$	47.93	$	44.76	$	46.36	$	44.76
Tangible Book Value Per Common Share ^(c)	$	36.77	$	36.22	$	31.47	$	36.10	$	36.91
Basic Weighted Average Common Shares Outstanding		11,824		11,808		11,772		11,812		11,937

______________________________
(a)   Tangible common equity is a non-GAAP financial measure derived from GAAP-based amounts. We calculate tangible common equity by excluding goodwill and other intangible assets from shareholder’s equity.
(b)   Net interest income fully tax equivalent is a non-GAAP financial measure derived from GAAP-based amounts. We calculate net interest income fully tax equivalent by adding back the tax equivalent factor of tax exempt income to net interest income. We calculate the tax equivalent factor of tax exempt income by dividing tax exempt income by the net of tax rate of 75%.
(c)   Tangible book value per common share is a non-GAAP financial measure derived from GAAP-based amounts. We calculate the factor by dividing average tangible common equity by average shares outstanding. We calculate average tangible common equity by excluding average intangible assets from average shareholder’s equity.


Key Ratios	Three Months Ended						Year Ended
	December 31,		September 30,		December 31,		December 31,		December 31,
	2024		2024		2023		2024		2023
Return on average assets	1.18	%	0.64	%	1.05	%	0.92	%	1.26	%
Return on average common shareholder’s equity	11.68	%	6.39	%	10.73	%	8.82	%	12.47	%
Efficiency ratio	62.98	%	64.43	%	65.62	%	64.67	%	60.43	%
Average equity to average assets	10.09	%	9.97	%	9.80	%	10.40	%	10.13	%
Net interest margin ^(a)	3.94	%	3.78	%	3.63	%	3.71	%	3.78	%
Net charge-offs to average loans and leases	0.15	%	0.49	%	0.22	%	0.35	%	0.23	%
Credit loss reserve to loans and leases	1.22	%	1.24	%	1.26	%	1.22	%	1.26	%
Credit loss reserve to nonperforming loans	351.37	%	326.65	%	161.94	%	351.37	%	161.94	%
Nonperforming loans to loans and leases	0.35	%	0.38	%	0.78	%	0.35	%	0.78	%
Tier 1 leverage	10.38	%	10.25	%	12.14	%	10.38	%	12.14	%
Risk-based capital – Tier 1	12.43	%	13.63	%	14.76	%	12.43	%	14.76	%

______________________________
(a) Net interest margin is calculated on a tax equivalent basis.


Asset Quality	Three Months Ended						Year Ended
	December 31,		September 30,		December 31,		December 31,		December 31,
	2024		2024		2023		2024		2023
Accruing loans and leases past due 30-89 days	$	22,486	$	16,391	$	20,168	$	22,486	$	20,168
Accruing loans and leases past due 90 days or more	$	1,821	$	1,517	$	960	$	1,821	$	960
Nonaccrual loans and leases	$	11,479	$	12,617	$	23,596	$	11,479	$	23,596
Other real estate owned	$	523	$	169	$	107	$	523	$	107
Nonperforming loans and other real estate owned	$	13,823	$	14,303	$	24,663	$	13,823	$	24,663
Total nonperforming assets	$	16,719	$	17,179	$	27,665	$	16,719	$	27,665
Gross charge-offs	$	3,070	$	6,936	$	3,976	$	19,289	$	15,496
Recoveries	$	1,633	$	2,365	$	2,213	$	7,082	$	8,188
Net charge-offs/(recoveries)	$	1,437	$	4,571	$	1,763	$	12,207	$	7,308


Non-GAAP Reconciliations	Three Months Ended December 31,
	2024		2023
($in thousands, except EPS)
Income before Income Taxes	$	20,014	$	14,098
Provision for credit losses		2,000		2,495
Provision for unfunded commitments		300		—
Pre-tax, Pre-provision Income	$	22,314	$	16,593


Non-GAAP Reconciliations	Year Ended December 31,
	2024		2023
($ in thousands, except EPS)
Income before Income Taxes	$	57,154	$	72,493
Provision for credit losses		16,166		7,295
Provision for unfunded commitments		100		(100	)
Pre-tax, Pre-provision Income	$	73,420	$	79,688


CONSOLIDATED BALANCE SHEETS (Dollar amounts in thousands, except per share data)

	December 31,			December 31,
	2024			2023
	(unaudited)
ASSETS
Cash and due from banks	$	93,526		$	76,759
Federal funds sold		820			282
Securities available-for-sale		1,195,990			1,259,137
Loans:
Commercial		2,196,351			1,817,526
Residential		967,386			695,788
Consumer		668,058			646,758
		3,831,795			3,160,072
(Less) plus:
Net deferred loan costs		5,346			7,749
Allowance for credit losses		(46,732	)		(39,767	)
		3,790,409			3,128,054
Restricted stock		17,555			15,364
Accrued interest receivable		26,934			24,877
Premises and equipment, net		81,508			67,286
Bank-owned life insurance		128,766			114,122
Goodwill		100,026			86,985
Other intangible assets		21,545			5,586
Other real estate owned		523			107
Other assets		102,746			72,587
TOTAL ASSETS	$	5,560,348		$	4,851,146

LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Non-interest-bearing	$	859,014		$	750,335
Interest-bearing:
Certificates of deposit exceeding the FDIC insurance limits		144,982			92,921
Other interest-bearing deposits		3,714,918			3,246,812
		4,718,914			4,090,068
Short-term borrowings		187,057			67,221
FHLB advances		28,120			108,577
Other liabilities		77,216			57,304
TOTAL LIABILITIES		5,011,307			4,323,170

Shareholders’ equity
Common stock, $.125 stated value per share;
Authorized shares-40,000,000
Issued shares-16,165,023 in 2024 and 16,137,220 in 2023
Outstanding shares-11,842,539 in 2024 and 11,795,024 in 2023		2,018			2,014
Additional paid-in capital		145,927			144,152
Retained earnings		687,366			663,726
Accumulated other comprehensive income/(loss)		(132,285	)		(127,087	)
Less: Treasury shares at cost-4,322,484 in 2024 and 4,342,196 in 2023		(153,985	)		(154,829	)
TOTAL SHAREHOLDERS’ EQUITY		549,041			527,976
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	5,560,348		$	4,851,146


CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Dollar amounts in thousands, except per share data)

	Year Ended
	December 31,
	2024			2023			2022
	(unaudited)
INTEREST INCOME:
Loans, including related fees	$	226,262		$	189,641		$	146,295
Securities:
Taxable		24,237			24,643			21,014
Tax-exempt		10,533			10,573			9,974
Other		3,710			3,540			6,018
TOTAL INTEREST INCOME		264,742			228,397			183,301
INTEREST EXPENSE:
Deposits		81,071			51,694			16,743
Short-term borrowings		4,284			5,370			1,243
Other borrowings		4,401			4,071			273
TOTAL INTEREST EXPENSE		89,756			61,135			18,259
NET INTEREST INCOME		174,986			167,262			165,042
Provision for credit losses		16,166			7,295			(2,025	)
NET INTEREST INCOME AFTER PROVISION
FOR LOAN LOSSES		158,820			159,967			167,067
NON-INTEREST INCOME:
Trust and financial services		5,468			5,155			5,155
Service charges and fees on deposit accounts		29,653			28,079			27,540
Other service charges and fees		999			801			665
Securities gains (losses), net		103			(1	)		3
Interchange income		655			676			559
Loan servicing fees		1,259			1,176			1,554
Gain on sales of mortgage loans		1,153			966			1,994
Other		3,482			5,850			9,246
TOTAL NON-INTEREST INCOME		42,772			42,702			46,716
NON-INTEREST EXPENSE:
Salaries and employee benefits		74,555			68,525			65,555
Occupancy expense		9,616			9,351			9,764
Equipment expense		17,612			14,020			12,391
FDIC Expense		2,788			2,907			2,327
Other		39,867			35,373			35,986
TOTAL NON-INTEREST EXPENSE		144,438			130,176			126,023
INCOME BEFORE INCOME TAXES		57,154			72,493			87,760
Provision for income taxes		9,879			11,821			16,651
NET INCOME		47,275			60,672			71,109
OTHER COMPREHENSIVE INCOME (LOSS)
Change in unrealized gains/(losses) on securities, net of reclassifications and taxes		(9,807	)		10,896			(144,570	)
Change in funded status of post retirement benefits, net of taxes		4,609			1,991			7,022
COMPREHENSIVE INCOME (LOSS)	$	42,077		$	73,559		$	(66,439	)
PER SHARE DATA
Basic and Diluted Earnings per Share	$	4.00		$	5.08		$	5.82
Weighted average number of shares outstanding (in thousands)		11,812			11,937			12,211

The MIL Network –

February 5, 2025

MIL-OSI: ThinkMarkets wins ‘Newcomer of the Year 2024’ at TradingView awards

Source: GlobeNewswire (MIL-OSI)

LONDON, Feb. 04, 2025 (GLOBE NEWSWIRE) — ThinkMarkets, a leading online trading provider, recently announced that it received an award from TradingView for ‘Newcomer of the Year 2024’.

The annual TradingView awards aim to recognize integrated brokers on its platform that are at the forefront of global online trading and have consistently demonstrated providing their users with the best service over the last 12 months.

TradingView selects the winner for its nominated categories based on a broker’s verified client reviews, feedback, and ratings, as well as client engagement, platform uptime, and more. This ensures all awards are authentic and that only the best brokers receive recognition.

Commenting on the news, co-CEO, Nauman Anees, said the following:

“We’re delighted to win this prestigious TradingView award. Despite launching on the platform only midway through the year in July 2024 and having to compete alongside other brokers that also joined that year, we’re thrilled to have made such an impact. We’ve received an overwhelmingly positive response from both new and existing clients eager to take advantage of this offering. We’re grateful that TradingView and the wider trading community have recognized our efforts with this award, and we’ll continue to expand and improve our offering to ensure we remain a leading choice among traders on TradingView.”

ThinkMarkets also took the opportunity to express a big thank you for the continued support from its clients, partners, and employees who have all helped in their efforts to achieve this prestigious award.

For more information and the latest updates, users can visit: www.thinkmarkets.com

About ThinkMarkets
ThinkMarkets is a global, multi-regulated online brokerage established in 2010 offering clients quick and easy access to 4,000+ CFD instruments across FX, indices, commodities, equities, and more. ThinkMarkets has offices in London, Dubai, Melbourne, and Tokyo and hubs in the Asia-Pacific, Europe, and South Africa. It also operates with several financial licenses around the globe and delivers some of the industry’s most recognized trading platforms, including its award-winning platform, ThinkTrader.

Contact

ThinkMarkets
pr@thinkmarkets.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a0daee5a-f695-4bad-8f7e-faf0c960bd58

The MIL Network –

February 5, 2025
MIL-OSI China: Harbin venues ready for 9th Asian Winter Games

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

All competition venues are fully equipped and ready to host the 9th Asian Winter Games, scheduled for February 7-14 in Harbin, northeast China’s Heilongjiang Province. All 13 competition venues have been renovated using existing facilities. While ensuring high-quality competitions, the event follows the principles of sustainability, cost-effectiveness and adaptability for post-event use. Yabuli Ski Resort is fully prepared, with all eight snow tracks ready, including alpine skiing and biathlon courses.

MIL OSI China News –

February 5, 2025
MIL-OSI: ATIF Holdings Limited Announces Approximately $2.5 Million Registered Direct and Private Placement

Source: GlobeNewswire (MIL-OSI)

LAKE FOREST, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — ATIF Holdings Limited (Nasdaq: ZBAI) (the “Company”), a Lake Forest-based business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock exchange in the United States, today announced that it has entered into definitive agreements with an institutional investor for the purchase and sale of its ordinary shares, par value $0.001 per share (“Ordinary Shares”) and pre-funded warrants to purchase Ordinary Shares (each, a “Pre-Funded Warrant”) in a registered direct offering. In a concurrent private placement, the Company also agreed to sell to the same investor warrants to purchase Ordinary Shares (the “Warrants”). Aggregate gross proceeds to the Company from both transactions are expected to be approximately $2.5 million.

The transactions consisted of the sale of 1,580,000 Ordinary Shares (each, a “Share”) and 887,553 Pre-Funded Warrants, each of which will be sold together with one Warrant to purchase one Ordinary Share per Warrant at an exercise price of $1.20. The offering price per Share is $1.00 (or $0.99 for each Pre-Funded Warrant, which is equal to the offering price per Share minus an exercise price of $0.01 per Pre-Funded Warrant). The Pre-Funded Warrants will be immediately exercisable and may be exercised at any time until exercised in full.

Aggregate gross proceeds to the Company are expected to be approximately $2.5 million. The transactions are expected to close on or about February 5, 2025, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the offerings, together with its existing cash, for general corporate purposes and working capital.

R. F. Lafferty & Co., Inc. is acting as exclusive placement agent for the offerings. Hunter Taubman Fischer & Li LLC is acting as counsel to the Company. Lucosky Brookman LLP is acting as counsel to R. F. Lafferty & Co., Inc.

The registered direct offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-268927) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on March 21, 2023. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting R. F. Lafferty & Co., Inc by email at offerings@rflafferty.com or via standard mail to R. F. Lafferty & Co., Inc, 40 Wall Street, 27^th Floor, New York, NY10005.

The offer and sale of the securities in the private placement are being made in a transaction not involving a public offering and have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be reoffered or resold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. The securities were offered only to accredited investors. Pursuant to the securities purchase agreement with the investors, the Company has agreed to file one or more registration statements with the SEC covering the resale of the Ordinary Shares issuable upon exercise of the Warrants.

Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About ZBAI

ATIF Holdings Limited (NASDAQ: ZBAI) is a Lake Forest-based business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock exchange in the United States. The company has a proven track record in successfully delivering comprehensive U.S. IPO consulting services to clients primarily in the United States but also internationally. The mission of ZBAI is to provide one-stop, comprehensive consulting services that guide clients through the complex and often challenging process of going public. ZBAI recognizes the complexity and challenges associated with the process of going public, and endeavors to simplify it while ensuring optimal outcomes for its clients through its comprehensive consulting services. ZBAI has been awarded the “Golden Bauhinia Award”, the highest award in the financial and securities industry in Hong Kong, for “Top 10 Best Listed Companies”.

Forward-Looking Statements

Certain statements in this press release are “forward-looking statements” within the meaning of the “safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, “estimated,” “projected,” Words such as “expect”, “anticipate”, “predict”, “plan”, “intend”, “believe”, “seek”, “may”, “will”, “should”, “future”, “propose” and variations of these words or similar expressions (or the opposite of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements do not guarantee future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control and may cause actual results or achievements to differ materially from those discussed in the forward-looking statements. Important factors include future financial and operating results, including revenues, income, expenses, cash balances and other financial items; Ability to manage growth and expansion; Current and future economic and political conditions; The ability to compete in industries with low barriers to entry; The ability to obtain additional financing to fund capital expenditure in the future. Ability to attract new customers and further enhance brand awareness; Ability to hire and retain qualified management and key staff; Trends and competition in the financial advisory services industry; Pandemic or epidemic disease; Except as required by law, the Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, the Company cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the expected results expressed or implied by the forward-looking statements we make. You should not interpret forward-looking statements as predictions of future events. Forward-looking statements represent only the beliefs and assumptions of our management as of the date such statements are made. The above forward-looking statements are made as of the date of this press release.

Contact Information
kenny@atifchina.com

The MIL Network –

February 5, 2025
MIL-OSI: Channel Factory Selected As Google TV™ Masthead’s Sales Partner
Source: GlobeNewswire (MIL-OSI)

CITY OF INDUSTRY, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — Channel Factory, the global brand suitability and contextual advertising platform, has partnered with Google TV to sell inventory of Google TV Masthead’s ad units on Google TV and Chromecast with Google TV devices in major and emerging markets. Google TV — built into smart TVs and streaming devices — brings together movies, shows, and more from across your apps and subscriptions and organizes them just for you.

With personalized recommendations from Google, users can discover new movies and shows based on what they’ve watched and what interests them. The Google TV Masthead is the first ad unit users see on the “For You” tab at the top of their Google TV home screen.

By partnering with Channel Factory, advertisers can leverage the Google TV Masthead to showcase their brands through a high-impact ad unit with strong visibility. Key highlights include:
- The Google TV Masthead offers a high-impact format that efficiently reaches millions of people in the living room.
- Drive brand awareness by securing ad space occupying the top and most visible position on the Google TV home screen.
- Bespoke packages to reach target audiences based on affinity, gender, age, and/or geo-targeting.
- Opportunities for brand integration on custom-designed seasonal content and 100% SOV of moment-specific content collections on Google TV, including curated carousels of top TV shows and movies to watch around those seasonal moments.
“The audience shift from linear TV to CTV has been massive, creating more demand for video discovery platforms like Google TV. By partnering with Google TV, we’re allowing our advertising partners to own the first impression on Google TV users,” said Jenny Chau, Chief Solutions Officer at Channel Factory. “Whether as a complement to existing ad strategies on YouTube or a new campaign, we can’t wait to see how brands take advantage of this wholly unique and immersive ad experience.”

By engaging with Channel Factory, leading global brands like Werner&Metz, De’Longhi, and more can ensure they are front and center during key seasonal moments, signature sporting events, cultural celebrations, and more, through high-impact CTV reach alongside relevant and engaging content.

Channel Factory’s partnership with YouTube extends far beyond the preferred access brands will now receive with the Google TV Masthead ad format. For over a decade, Channel Factory’s mission has been to help brands align their ads with brand-suitable videos on YouTube. In 2020, Channel Factory was selected to join the YouTube Measurement Program (YTMP), which offers advertisers trusted solutions for driving and measuring marketing performance on YouTube.

About Channel Factory
Channel Factory is a global technology and data platform that optimizes business performance and enhances brand reputation through ethical and effective contextual targeting. Utilizing proprietary AI and brand suitability technologies, Channel Factory ensures ads are placed on brand-safe, contextually relevant content across YouTube, CTV platforms, and social media, including Meta and TikTok. Through its conscious media planning, Channel Factory is committed to promoting sustainability, diversity, and positive content, helping brands achieve their goals while fostering a healthier digital ecosystem.

Channel Factory has a presence in 31 countries across the Americas, Europe, the Middle East, Asia, and ANZ, providing advertisers with IAB standard category lists and customized content options in 49+ languages. For more information about Channel Factory, please visit http://www.channelfactory.com

Google, YouTube and Google TV are trademarks of Google LLC.

Media Contact:
Andrew Krepow
andrew@broadsheetcomms.com

The MIL Network –
February 5, 2025
MIL-OSI: Cequence Security Triples ARR in MEA, Achieves Record Customer Wins & Strengthens Leadership Ahead of LEAP 2025
Source: GlobeNewswire (MIL-OSI)

SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — Cequence Security, a pioneer in API security and bot management, today announced significant momentum in the Middle East and Africa (MEA) region, driven by rapid customer adoption, strategic partnerships and a strengthened leadership team. This expansion further solidifies Cequence’s position as the go-to API security and bot management provider in the region, addressing the growing demand for advanced threat protection and digital risk mitigation.

“APIs are the backbone of modern digital transformation, but they are also the most exploited attack surface,” said Ameya Talwalkar, CEO of Cequence Security. “We are not just expanding—we are transforming how businesses defend their digital assets. As the only solution that provides data sovereignty in the region, we empower enterprises with AI-driven security tailored to their unique regulatory and threat landscapes. By combining innovative threat intelligence with proactive defense, we enable organizations to anticipate and mitigate attacks before they impact operations.”

Cequence’s expansion in MEA has been marked by:
- New customer acquisitions across financial services, telecommunications, oil and gas, and technology, securing organizations such as:
  - A top Islamic bank in the UAE
  - One of the largest financial institutions in the Middle East and Africa
  - A major telecom provider in Turkey
  - A digital transformation leader in the energy sector
- A 193% increase in ARR in the MEA region year-over-year.
- A 68% increase in partner deal registrations, demonstrating strong market demand for Cequence’s Unified API Protection (UAP) platform.
- An 83% increase in reseller partnerships, spanning KSA, UAE, Qatar, Jordan, Kuwait, Bahrain and Egypt.
- The planned signing of a strategic Memorandum of Understanding (MOU) at LEAP 2025 with a strategic GTM partner, underscoring Cequence’s commitment to regional cybersecurity initiatives.
- Hiring for multiple positions across various departments in the region, reinforcing Cequence’s investment in local talent and its commitment to long-term growth in MEA.
Strategic Leadership Appointment
To drive Cequence’s expansion in MEA, the company has appointed Mohammad Ismail as its new Head of Go-to-Market (GTM) & Sales for EMEA, strategically based in Dubai to accelerate regional growth and customer success. With over 25 years of experience in cybersecurity and enterprise IT across the Middle East, Africa, and Southeast Asia, Ismail brings a proven track record of driving business growth and forging strategic alliances.

“My focus at Cequence is to strengthen our presence in the EMEA region by deepening relationships with customers and partners,” said Mohammad Ismail, Head of GTM & Sales for EMEA. “With the increasing adoption of the growing reliance on APIs to power digital services, organizations need robust API security and bot management solutions. I look forward to leveraging my experience to expand our footprint, provide strategic guidance, and help customers stay ahead of evolving cyber threats.”

Customer Success and Industry Validation
Cequence’s platform has helped organizations across MEA overcome critical API security and bot management challenges. Customers have leveraged Cequence to:
- Secure APIs during open banking transitions, ensuring compliance and real-time protection for sensitive financial data.
- Enhance API governance and security testing, integrating seamlessly with CI/CD pipelines to enforce OWASP Top 10 protections.
- Detect and stop sophisticated API attacks with AI-driven threat detection and real-time behavioral analysis, mitigating risks from shadow APIs and automated threats.
- Improve visibility and response times with comprehensive API activity monitoring, automated security enforcement, and automated enforcement with no human intervention.
- Meet stringent data sovereignty requirements, ensuring security policies remain within customer-controlled environments.
These capabilities combined with Cequence’s unified approach, continue to drive strong adoption among MEA enterprises seeking to protect their digital environments.

Investor Confidence and Market Leadership
Cequence’s expansion in MEA has garnered continued support from investors, including Prosperity7 Ventures and Sanabil Investments.

“The Middle East presents a unique and fast-growing opportunity for cybersecurity innovation, and Cequence is leading the charge with its best-in-class API security solutions,” said Abhishek Shukla, managing director and head of North America at Prosperity7 Ventures. “With an experienced leadership team, strong regional partnerships, and a relentless focus on innovation, Cequence is well-positioned to drive continued success in the MEA market.”

Commitment to Innovation
As part of its ongoing commitment to innovation, Cequence has introduced new capabilities tailored to the MEA market, including:
- Expanded cloud and on-premises deployment options, ensuring compliance with regional data sovereignty requirements.
- Enhanced partner enablement programs, equipping resellers and service providers with advanced API security expertise.
“With API threats growing more sophisticated, we remain focused on delivering cutting-edge security solutions that empower organizations to stay ahead of attackers,” added Talwalkar. “Our investment in MEA reflects our dedication to supporting businesses with the tools they need to protect their digital assets and maintain trust with their customers.”

Meet Us at LEAP 2025
Cequence will be at Stand H1.D30 during LEAP 2025. Stop by to meet our team and learn more about how our industry-leading API security and bot management solutions can help protect your digital ecosystem.

Join Ameya Talwalkar, CEO of Cequence, as he discusses the evolving API security and bot management landscape. His session will cover emerging threats, regional trends and strategies for mitigating cyber risks.

When: 7:30 PM – 7:50 PM
Where: Stand H1.D30

About Cequence Security
Cequence is a pioneer in API security and bot management, protecting the applications and APIs that organizations depend on from attacks, business logic abuse, and fraud. Our unique Unified API Protection platform unites discovery, compliance, and protection capabilities, providing unmatched real-time security in the face of sophisticated threats. Demonstrating value in minutes rather than days or weeks, Cequence offers a flexible deployment model that requires no app instrumentation or modification. Cequence solutions scale to meet the needs of the largest and most demanding private and public sector organizations, protecting more than 8 billion daily API interactions and 3 billion user accounts. To learn more, visit www.cequence.ai.

Media Contact
Katrina Porter
press@cequence.ai

The MIL Network –
February 5, 2025
MIL-OSI: Orion180 FLEX Home Insurance Gives Texas Policyholders More Control Over Homeowners’ Coverage
Source: GlobeNewswire (MIL-OSI)

MELBOURNE, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) — Orion180, a leading provider of innovative insurance solutions, today announced an industry first with the launch of its innovative FLEX Home Insurance product, which is now available in Texas. FLEX offers customers a fully customizable approach to homeowners’ insurance, empowering policyholders to tailor coverage to suit their unique needs and financial goals.

“We believe insurance should be adaptable to the lives of our customers—not the other way around,” said Ken Gregg, CEO of Orion180. “FLEX Home Insurance empowers homeowners with choice to design their policies around their individual preferences and priorities, offering unparalleled transparency, flexibility, and peace of mind. FLEX gives homeowners the ability to balance affordability and protection that our competition simply doesn’t deliver today.”

FLEX is a surplus lines product that introduces an innovative and flexible approach to insurance coverage. Homeowners begin with essential protections—such as fire and lightning coverage—and build out their policies to fit their needs and budget.

Highlights of FLEX Home Insurance include:
- Customizable Coverage Options: Policyholders can select perils based on their risk tolerance and needs, ensuring they can balance cost and risk for what matters most.
- Adjustable Deductibles and Copay Options: Homeowners can balance upfront costs and long-term savings by choosing deductible and copay levels that align with their financial comfort.
- Loyalty Rewards: Homeowners who experience no losses can earn deductible reductions, no-loss dividends, or even a full refund of their first-year premium after ten years of claim-free coverage.
- Rate Lock Features: A two-term price lock ensures premium stability, shielding policyholders from unexpected rate increases.
FLEX is designed to address the diverse needs of Texas homeowners, including those in high-risk areas prone to natural disasters like tornadoes and hailstorms.

Currently available through select insurance agents in Texas, FLEX Home Insurance will expand to Florida and other states in the spring of 2025, signaling Orion180’s commitment to delivering innovative, adaptable insurance solutions across the United States.

To learn more about Orion180 FLEX Home Insurance, visit https://orion180.com/flex/.

About Orion180
Orion180 is a customer-focused, technology-driven insurance brand that combines proprietary technology, real-time data, and straightforward underwriting practices to provide a seamless and premier insurance experience. Orion180 operates through Orion180 Insurance Co., a surplus lines insurance company serving Alabama, Georgia, Mississippi, North Carolina, South Carolina, Texas, Colorado (Flood only), Tennessee (Flood only), Illinois (Flood only) and Arizona, and Orion180 Select Insurance Co., an admitted insurance company offering coverage in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina, and Ohio. With its proprietary MY180 platform and third-party integrations, Orion180 offers unmatched efficiency and innovation, fulfilling its vision of becoming the global leader in insurance solutions while maintaining its mission to deliver superior customer experiences and a comprehensive suite of products. Connect with Orion180 on X, LinkedIn, Facebook, Instagram, and YouTube. For more information, visit www.Orion180.com.

Media Contact
Ross Blume
Fusion Public Relations
orion180@fusionpr.com

The MIL Network –
February 5, 2025
MIL-OSI: Nykredit Realkredit A/S has received the Danish Financial Supervisory Authority’s approval of Nykredit’s increase of the qualifying shareholding in Spar Nord Bank A/S – Nykredit Realkredit A/S
Source: GlobeNewswire (MIL-OSI)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

Nykredit Realkredit A/S has received the Danish Financial Supervisory Authority’s approval of Nykredit’s increase of the qualifying shareholding in Spar Nord Bank A/S.

4 February 2025

Nykredit Realkredit A/S has received the Danish Financial Supervisory Authority’s approval of Nykredit’s increase of the qualifying shareholding in Spar Nord Bank A/S.

In accordance with section 4(1) of the Danish Takeover Order¹, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public tender offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion.

On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order. The Offer Period ends on 19 February 2025 at 23:59 (CET).

Nykredit has received the Danish Financial Supervisory Authority’s approval in accordance with section 61 of the Danish Financial Business Act to increase Nykredit’s qualifying shareholding in Spar Nord Bank up to 100 per cent of the share capital.

In addition to the Danish Financial Supervisory Authority’s approval, the Offer is subject to fulfilment of the conditions set out in section 6.6 of the Offer Document, including approval by the Danish Competition and Consumer Authority and achievement of the 67 per cent acceptance limit.

It is Nykredit’s view that the shareholders of Spar Nord Bank find the Offer attractive. At the time of this announcement, Nykredit holds 31.1 per cent of the shares in Spar Nord Bank, and Nykredit’s information about acceptances received so far indicates that the 67 per cent acceptance limit stated in the Offer has been reached.

Nykredit aims to delist Spar Nord Bank from Nasdaq Copenhagen A/S and to compulsorily acquire the remaining shares as soon as possible after completion of the Offer.

Nykredit expects the Offer to be completed during H1/2025.

The full terms and conditions of the Offer are contained in the Offer Document. The Offer Document is published in the Danish FSA’s OAM database: https://oam.finanstilsynet.dk/ and can also, with certain restrictions, be accessed at https://www.nykredit.com/en-gb/offer-spar-nord/ and https://www.sparnord.com/investor-relations/takeover-offer.

About Spar Nord Bank

Spar Nord Bank was founded in 1824 and is now a nationwide bank with 58 branches. Spar Nord Bank offers all types of financial services, consultancy and products, focusing its business on retail customers and primarily small and medium-sized enterprises (SMEs) in the local areas in which the bank is represented. The bank is also focused on leasing operations and large corporate customers, which are both business areas handled by the head offices.

Spar Nord Bank has historically been rooted in northern Jutland and continues to be a market leader in this region. However, in the period from 2002 to 2024, Spar Nord Bank has established and acquired branches outside northern Jutland. Over the course of the years, the bank has adjusted its branch network in an ongoing process and now has a nationwide distribution network comprising 58 branches. These 58 branches are distributed on 32 banking areas, each of which is headed by a manager reporting directly to the bank’s executive board.

The Spar Nord Bank Group consists of two earnings entities: Spar Nord Bank’s branches and the Trading Division. As an entity, the Trading Division serves customers from Spar Nord Bank’s branches as well as large retail customers and institutional clients in the field of equities, bonds, fixed income and forex products, asset management and international transactions. Finally, under the concept Sparxpres, the bank offers consumer loans to personal customers through Sparxpres’ platform as well as debt consolidation loans and consumer financing via retail stores and gift voucher solutions via shopping centres and city associations.

About Nykredit

Nykredit Realkredit A/S (“Nykredit”) is a public limited company incorporated under the laws of Denmark, company reg. (CVR) no. 12 71 92 80, having its registered office at Sundkrogsgade 25, 2150 Nordhavn, Denmark. Nykredit is a mortgage credit institution and, together with its wholly-owned subsidiary Totalkredit A/S, is a market leader of the Danish mortgage credit market with a market share of some 45.2 per cent. Nykredit offers mortgage financing for private individuals and businesses.

Nykredit is part of the Nykredit Group, which historically dates back to 1851. In addition to carrying on mortgage credit business, the Group carries on banking business through Nykredit Bank – including banking and wealth management operations – and has a total of around 4,000 employees in Denmark.

Nykredit is owned by an association of the Nykredit Group’s customers, Forenet Kredit. Forenet Kredit owns close to 80 per cent of Nykredit’s shares. Other major shareholders are five Danish pension funds: Akademikernes Pension AP Pension, PensionDanmark, PFA and PKA.

Nykredit is known for the advantages offered through the association. Forenet Kredit makes capital contributions to the Nykredit Group when times are good, and Nykredit has decided to pass these on to its customers.

Since, 2017, Forenet Kredit has paid over DKK 8 billion in capital contributions to the Nykredit Group, and in the period to 2027, Forenet Kredit has provided a further DKK 7 billion.

Questions and further information

Any questions concerning the Offer may be directed to:

Nykredit Bank A/S

Company reg. (CVR) no.: 10 51 96 08

Sundkrogsgade 25

2150 Nordhavn

Denmark

Telephone: +45 7010 9000

and

Carnegie Investment Bank

Filial af Carnegie Investment Bank AB (publ), Sverige

Company reg. (CVR) no. 35 52 12 67

Overgaden Neden Vandet 9B

1414 Copenhagen K

Denmark

E-mail: annette.hansen@carnegie.dk

For further information about the Offer, please see: https://www.nykredit.com/en-gb/offer-spar-nord/.

This announcement and the Offer Document are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

Restricted jurisdictions

The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank Shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this Offer Document or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the Laws of such jurisdiction, including securities Laws. It is the responsibility of all Persons obtaining this Offer Document, an acceptance form and/or other documents relating to the Offer Document or to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this Offer Document outside Denmark, the United States and the United Kingdom is consistent with applicable Law in any jurisdiction other than Denmark, the United States and the United Kingdom.

Important Information for Shareholders in the United States

The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.

1 Executive Order no. 636 of 15 May 2020

Attachment
- Section 61 announcement 04022025
The MIL Network –
February 5, 2025
MIL-OSI Economics: The Pula depreciated by 0.8 percent against the South African rand.

Source: Bank of Botswana

Over the twelve months period to January 2025, the nominal Pula exchange rate depreciated by 3.2 percent against the South African rand, while it appreciated by 0.1 percent against the IMF Special Drawing Rights (SDR). With respect to the SDR constituent currencies, the Pula appreciated by 2.8 percent against the Japanese yen, 2.3 percent against the euro and 0.2 percent against the British pound, while it depreciated by 1.8 percent against the US dollar and 0.2 percent against the Chinese renminbi.

The Pula depreciated by 0.8 percent against the South African rand, while it appreciated by 0.5 percent against the SDR over the one-month period to January 2025. It appreciated by 1.5 percent against the British pound, 0.6 percent against the euro, 0.5 percent against the US dollar and 0.2 percent against the Chinese renminbi, while it depreciated by 0.4 percent against the Japanese yen.

MIL OSI Economics –

February 5, 2025
MIL-OSI: D. Boral Capital Announces Approval as a Nasdaq Member

Source: GlobeNewswire (MIL-OSI)

NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — D. Boral Capital, a premier Global Investment Bank focused on high-quality mid-market and growth issuers announces its approval as a Limited Underwriting Member of the Nasdaq Stock Market, one of the largest and most active securities exchanges in the world. As of February 3, 2025, D. Boral Capital was officially accepted, and this approval enables it to act as a principal lead underwriter under Nasdaq Listing Rule 5210(m).

D. Boral Capital’s membership in Nasdaq represents a significant milestone in the firm’s growth and evolution. As a lead underwriter for IPOs, this achievement enhances our ability to execute high-profile investment banking transactions and solidifies its position for continued growth and influence within the financial services sector.

David W. Boral, Founder & CEO, states: “D. Boral Capital’s joining Nasdaq marks a significant milestone for the firm, highlighting steadfast dedication to providing outstanding services to our clients. This achievement grants us access to a platform renowned for its innovation, efficiency, and global presence—principles that deliver unmatched insight and value to both our client issuers and investors.”

D. Boral Capital’s Nasdaq membership follows a period of significant growth, further reinforcing the firm’s dedication to ongoing innovation and excellence. D. Boral Capital looks forward to leveraging this membership to expand our capabilities and provide even greater value for our clients.

About D. Boral Capital
D. Boral Capital is a premier, relationship-driven global investment bank headquartered in New York. The firm is dedicated to delivering exceptional strategic advisory and tailored financial solutions to middle-market and emerging growth companies. With a proven track record, D. Boral Capital provides expert guidance to clients across diverse sectors worldwide, leveraging access to capital from key markets, including the United States, Asia, Europe, the UAE, and Latin America.

A recognized leader on Wall Street, D. Boral Capital has successfully aggregated over $23 billion in capital since its inception in 2020, executing approximately 300 transactions across a broad range of investment banking products.

Safe Harbor Statement
This press release contains certain “forward-looking statements.” These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties’ perspectives and expectations, are forward-looking statements. The words “will,” “expect,” “believe,” “estimate,” “intend,” and “plan” and similar expressions indicate forward-looking statements.

Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company’s estimates as of the date of this press release, and subsequent events and developments may cause the Company’s estimates to change.

The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Contact Us:
D. Boral Capital
590 Madison Avenue
New York, NY 10022
Main Phone: +1 (212) 970-5150
www.dboralcapital.com
info@dboralcapital.com

The MIL Network –

February 5, 2025
MIL-OSI Economics: Agnico Eagle and O3 Mining Announce Subsequent Acquisition Transaction and Completion of Offer
Source: Agnico Eagle Mines
- The Offer has now expired and Agnico Eagle has taken-up and acquired 95.6% of the issued and outstanding O3 Mining shares
- Agnico Eagle and O3 Mining will enter into an amalgamation agreement under which Agnico Eagle will acquire all remaining O3 Mining shares by way of amalgamation
- Remaining O3 Mining shares (other than shares held by dissenting shareholders) and warrantholders who exercise their warrants after the amalgamation will receive $1.67 per share in cash
- Questions or Need Assistance? Contact Laurel Hill Advisory Group for assistance at 1-877-452-7184 or email assistance@laurelhill.com
(All amounts expressed in Canadian dollars unless otherwise noted)

TORONTO, Feb. 4, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle“) and O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining“) are pleased to jointly announce the expiry of Agnico Eagle’s board-supported take-over bid (the “Offer“) for all of the outstanding common shares of O3 Mining (the “Common Shares“) for $1.67 in cash per Common Share. Agnico Eagle has taken-up and acquired an aggregate of 114,785,237 Common Shares that were tendered to the Offer, representing approximately 95.6% of the issued and outstanding Common Shares on a basic basis. As a result, as of the date hereof, Agnico Eagle beneficially owns, and exercises control and direction over, an aggregate of 115,842,990 Common Shares, representing approximately 96.5% of the issued and outstanding Common Shares on a basic basis. This includes the additional 4,360,806 Common Shares (the “Deposited Shares“) tendered to the Offer during the mandatory 10-day extension period that expired at 11:59 p.m. (EST) on February 3, 2025. The aggregate consideration payable for the Deposited Shares is $7,282,546. Agnico Eagle will pay for the Deposited Shares by February 6, 2025.

Subsequent Acquisition Transaction

Agnico Eagle Abitibi Acquisition Corp., a wholly-owned subsidiary of Agnico Eagle, and O3 Mining will amalgamate under the Business Corporations Act (Ontario) (the “Amalgamation“), with the amalgamated entity (“Amalco“) becoming a wholly-owned subsidiary of Agnico Eagle. The Amalgamation will constitute the subsequent acquisition transaction contemplated by the Offer (the “Subsequent Acquisition Transaction“), by which Agnico Eagle will acquire ownership of 100% of the Common Shares.

Each O3 Mining shareholder (other than Agnico Eagle and any O3 Mining shareholder who validly exercises dissent rights in relation to the Amalgamation) will, upon completion of the Amalgamation, receive one redeemable preferred share of Amalco (each, a “Redeemable Preferred Share“) for each Common Share held immediately prior to the effective time of the Amalgamation. The Redeemable Preferred Shares will be automatically redeemed effective immediately following the effective time of the Amalgamation for $1.67 in cash per Redeemable Preferred Share (the “Redemption Consideration“) held immediately prior to the effective time of the Amalgamation. The Redemption Consideration is the same as the consideration that was offered to O3 Mining shareholders under the Offer.

The Amalgamation must be approved by (i) at least two-thirds of the votes cast by O3 Mining shareholders at a special meeting of O3 Mining shareholders (the “Meeting“) and (ii) a simple majority of the votes cast by O3 Mining shareholders at the Meeting, excluding votes from O3 Mining shareholders required to be excluded by Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (“MI 61-101“). As Agnico Eagle beneficially owns, and exercises control and direction over, Common Shares carrying more than two-thirds of the votes attached to all of the issued and outstanding Common Shares and the Common Shares taken-up and acquired under the Offer represent more than a majority of the votes attached to the Common Shares that may be voted in the “minority” vote under MI 61-101, Agnico Eagle is able to ensure the successful outcome of the shareholder votes in respect of the Amalgamation. The O3 Mining board recommends that O3 Mining shareholders vote FOR the Amalgamation.

Additional information regarding the terms of the amalgamation agreement and the Amalgamation will be provided in the management information circular of O3 Mining (the “Circular“) for the Meeting. It is anticipated that the Circular will be mailed to O3 Mining shareholders in February 2025 and the Meeting will be held in March 2025. Copies of the amalgamation agreement and the Circular will be made available on O3 Mining’s issuer profile on SEDAR+ at www.sedarplus.ca.

The Amalgamation is expected to close prior to March 31, 2025. Following completion of the Amalgamation, the Common Shares will be de-listed from the TSX Venture Exchange and O3 Mining will make an application to the Ontario Securities Commission to cease to be a reporting issuer under Canadian securities laws. Upon O3 Mining ceasing to be a reporting issuer, O3 Mining will no longer be subject to the ongoing continuous disclosure and reporting obligations currently imposed on O3 Mining as a reporting issuer and will be a private company that is wholly-owned by Agnico Eagle.

Information for Warrantholders

Certain Common Share purchase warrants of O3 Mining (the “Warrants“) remain issued and outstanding, which are governed in accordance with the warrant indenture dated August 28, 2024 between O3 Mining and Odyssey Trust Company, as warrant agent. These Warrants are exercisable at $1.45 per Warrant until August 28, 2026. O3 Mining intends to enter into a supplemental indenture to provide that holders of such Warrants will receive, on exercise of their Warrants in lieu of Common Shares, $1.67 in cash following the Amalgamation.

Updated Early Warning Disclosure Regarding O3 Mining

Immediately prior to the take-up of the Deposited Shares under the Offer, Agnico Eagle beneficially owned, and exercised control and direction over, 111,482,184 Common Shares, representing approximately 92.9% of the issued and outstanding Common Shares on a basic basis, and 270,000 Warrants exercisable for an aggregate of 270,000 Common Shares at an exercise price of $1.45 per Warrant. In addition, Agnico Eagle holds a convertible senior unsecured debenture in the principal amount of $10,000,000 dated June 19, 2023 (the “Convertible Debenture“). Assuming the full exercise of all Warrants held by Agnico Eagle and the full conversion of the Convertible Debenture immediately prior to the take-up of Deposited Shares under the Offer, Agnico Eagle would beneficially own, and exercise control and direction over, 116,630,233 Common Shares, representing approximately 93.1% of the issued and outstanding Common Shares on a partially-diluted basis.

Agnico Eagle acquired an additional 4,360,806 Deposited Shares pursuant to the Offer during the mandatory 10-day extension period, representing all of the Common Shares validly deposited and not withdrawn as of 11:59 p.m. (EST) on February 3, 2025, for aggregate consideration of $7,282,546 in cash. As a result, as of the date hereof, Agnico Eagle beneficially owns, and exercises control and direction over, an aggregate of 115,842,990 Common Shares, representing approximately 96.5% of the issued and outstanding Common Shares on a basic basis. Assuming the full exercise of all Warrants held by Agnico Eagle and the full conversion of the Convertible Debenture, Agnico Eagle would beneficially own, and exercise control and direction over, 120,991,039 Common Shares, representing approximately 96.6% of the issued and outstanding Common Shares on a partially-diluted basis.

An early warning report in respect of the foregoing will be filed by Agnico Eagle in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact:

Agnico Eagle Mines Limited
c/o Investor Relations
145 King Street East, Suite 400
Toronto, Ontario M5C 2Y7
Telephone: 416-947-1212
Email: investor.relations@agnicoeagle.com

Agnico Eagle’s head office is located at 145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7. O3 Mining’s head office is located at 155 University Avenue, Suite 1440, Toronto, Ontario M5H 3B7.

Advisors

Edgehill Advisory Ltd. is acting as financial advisor to Agnico Eagle. Davies Ward Phillips & Vineberg LLP is acting as legal advisor to Agnico Eagle.

Maxit Capital is acting as financial advisor to O3 Mining. Bennett Jones LLP is acting as legal advisor to O3 Mining. Fort Capital is acting as financial advisor to the Special Committee of independent directors of O3 Mining. Cassels Brock & Blackwell LLP is acting as legal advisor to the Special Committee.

Odyssey Trust Company will act as depositary for the Amalgamation and Laurel Hill Advisory Group is acting as information agent. If you have any questions or require assistance, please contact Laurel Hill Advisory Group, by phone at 1-877-452-7187 or by e-mail at assistance@laurelhill.com.

About O3 Mining Inc.

O3 Mining Inc. is a gold explorer and mine developer in Québec, Canada, adjacent to Agnico Eagle’s Canadian Malartic mine. O3 Mining owns a 100% interest in all its properties (128,680 hectares) in Québec. Its principal asset is the Marban Alliance project in Québec, which O3 Mining has advanced over the last five years to the cusp of its next stage of development, with the expectation that the project will deliver long-term benefits to stakeholders.

About Agnico Eagle Mines Limited

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

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation that is based on current expectations, estimates, projections, and interpretations about future events as at the date of this news release. Forward-looking information and statements are based on estimates of management by O3 Mining and Agnico Eagle, at the time they were made, and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information or statements. Forward-looking statements in this news release include, but are not limited to, statements regarding: the structure, consideration, timing and completion (if at all) of the Subsequent Acquisition Transaction; the ability of Agnico Eagle to complete the Subsequent Acquisition Transaction to acquire 100% of O3 Mining by way of the Amalgamation (if at all); and the timing of the mailing of the Circular, the Meeting and completing the Amalgamation. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs of Agnico Eagle and O3 Mining that any second-step transaction will be successful and the ability to achieve goals, including the integration of the Marban Alliance property to the Canadian Malartic land package and the ability to realize synergies arising therefrom. Agnico Eagle and O3 Mining caution that the foregoing list of material factors and assumptions is not exhaustive. Although the forward-looking information contained in this news release is based upon what Agnico Eagle and O3 Mining believe, or believed at the time, to be reasonable expectations and assumptions, there is no assurance that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither O3 Mining, nor Agnico Eagle nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. O3 Mining and Agnico Eagle do not undertake, and assume no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by applicable law. These statements speak only as of the date of this news release. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of Agnico Eagle or any of its affiliates or O3 Mining.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-and-o3-mining-announce-subsequent-acquisition-transaction-and-completion-of-offer-302367380.html

SOURCE Agnico Eagle Mines Limited
MIL OSI Economics –
February 5, 2025
MIL-OSI Europe: ASIA/PHILIPPINES – Bishops’ Letter for the Jubilee period: “There is hope for the nation”

Source: Agenzia Fides – MIL OSI

CC Adam Cohn

Manila (Agenzia Fides) – “Hope gives us courage and freedom,” says the Pastoral Letter of the Catholic Bishops’ Conference of the Philippines, distributed and read in churches on February 2 at the conclusion of the Plenary Assembly of the Bishops. The letter, signed by the President of the Bishops’ Conference and Bishop of Caloocan, Cardinal Pablo Virgilio David, focuses on the theme of hope, a virtue, and makes a reference to the most burning issues of the nation: from the demand for transparency and accountability – in view of the mid-term elections scheduled for May 2025 – to the desire to “become a more missionary and synodal Church”. The bishops declare that they are engaged in “communal discernment on the current realities affecting our nation”. The letter quotes the Letter to the Romans: “Hoping against all hope” (cf. Rom 4:18) and states that the Filipino people “struggle with hopelessness, striving to find hope amidst adversities”.”In the sphere of morality, we sense widespread confusion, indifference, apathy, and helplessness because of murderous attacks against life, particularly against innocent ones. The culture of impunity, self-entitlement, and loss of sense of sin are alarming,” it says. Added to this are the traumas “of disasters and tragedies due to climate emergencies”. In the area of economy, “the increase in poverty, manifested by the rise of unemployment and the price of commodities and services”, which widens the gap between rich and poor. In the political realm, “the misuse of public funds and resources”, “the culture of patronage and mendicancy are truly disturbing”, and also in the field of communications, “falsehood, misinformation, and disinformation are weaponized against the truth”.In the face of this reality, it is necessary “to pursue the path of personal, institutional, and ecclesial conversion in order to rediscover hope. This is the opportunity that the Jubilee Year provides us,” the pastoral letter says.Recalling that “hope does not disappoint, because the love of God has been poured out into our hearts” (cf. Rom 5:5), the bishops proclaim that Christ is the Savior and that “God’s love penetrates our suffering, our misery and death, saves and transforms us.” “Love piercing through darkness reveals glimpses of hope” that can be seen “in principle-driven leaders who champion good governance.” “We see sparks of hope,” the bishops continue, “in the idealism of young people and responsible citizens who do not sell their idealism and patriotism,” and “in the spontaneous collaboration among NGOs, civic, and religious organizations” or “in ordinary laborers committed to sincere service even without recognition or reward.” They continued: “We see sparks of hope in those who stake their reputation, even lives, to fight corruption and pursue justice” and “in the Filipino spirit of resiliency, and in those who dedicate themselves to genuine service despite being overwhelmed by their own need.” “We, your spiritual leaders,” the bishops said, “share the pain brought about by these wounds of affliction. We, too, feel the deep disturbance and seeming paralysis that plague many who are dragged into the pit of hopelessness.” Therefore, “in this Jubilee Year of Hope, together we hold precious, the gift of hope sparked by the Holy Spirit. This hope is not simply optimism or a positive feeling. These are glimpses of the gift of hope that comes from the Holy Spirit urging us to act.” “Any action of hope is sourced from the Holy Spirit,” the Pastoral Letter says. “We therefore ask you, dear people, to allow the hope within you to be rekindled. May it become a flame of hope.” “Let the Holy Spirit renew the face of the earth and breathe transformation into the dark spaces and places of our lives and our nation,” the bishops say. “The grace of the Holy Spirit is a gentle breeze that spurs us to continue” and by promoting a “spiritual revolution of hope” and walking together “on a Pilgrimage of Hope towards the Father’s Kingdom.””There is hope! May Pag-Asa!”, the bishops write in the local language, Tagalog. They conclude with the advice of Saint Paul: “Let us not grow weary of doing good” (Galatians 6:9). (PA) (Agenzia Fides, 4/2/2024)
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MIL OSI Europe News –

February 5, 2025
MIL-OSI Russia: The admissions campaign for international applicants continues at HSE

Translartion. Region: Russians Fedetion –

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

The number of applications has almost doubled: to date, more than 2,600 applications have been submitted for undergraduate programs, and more than 2,400 for master’s programs. Such increased interest from foreign applicants in studying at the HSE confirms the status of HSE as one of the most sought-after Russian universities abroad.

Who most often chooses HSE

The leading countries in terms of the number of applications submitted for undergraduate programs are Pakistan, Nigeria, Kazakhstan, Uzbekistan, Belarus, Afghanistan, Bangladesh, Kyrgyzstan, Ghana and Moldova. The countries that most frequently apply for graduate programs are Ghana, India, Nigeria, Gambia, Pakistan, Ethiopia, China, Bangladesh, Afghanistan and Cameroon.

“HSE University sees one of its tasks as the active promotion of Russian education in the international arena. And the growing interest among applicants from Asian and African countries, from the CIS countries only confirms HSE’s reputation as a leading research university with the competencies of the future not only in Russia but also abroad. Moreover, both in full-time and online forms,” noted Victoria Panova, Vice-Rector of HSE University. – After all, in a rather difficult time, HSE, along with 10 world universities, entered the number of leaders in distance education according to the rating of THE Online Learning Rankings 2024 magazine. A wide range of programs in the socio-economic and humanitarian areas, in the creative sphere, brilliant teachers from almost 50 countries of the world, a high level of support for international students and modern infrastructure of HSE – all this meets international standards, and the cost of education is often lower than in Western universities. Applicants and their parents evaluate the advantages and opportunities that HSE provides during and after their studies, and choose us.”

What opportunities does the university offer to international applicants?

One of the key advantages for international applicants to HSE remains the opportunity to choose the admission format. The university offers two options: a competition for budget (quota) places under the state scholarship of the Government of the Russian Federation, which covers up to 100% of the cost of education, and admission on a commercial basis.

Foreign applicants can receive a Russian Government scholarship (quota) based on the results of international Olympiads (applicants to a bachelor’s degree) and based on the results of selection events (minimum scores for Master’s degree And bachelor’s degree).

Additionally, applicants to undergraduate programs may re-credit results of international and national examinations, which makes the admission process even more flexible.

Preparing for Study: What to Do If You Don’t Know Russian

HSE offers to master the Russian language in The Center for the Preparation of Foreign Students, choosing to study for one year. Applicants to the bachelor’s degree program can take specialized entrance examinations and apply for a budget (quota) place with an additional year of preparation and Russian language training. A similar option is possible for future master’s degree students: upon successful completion of the portfolio competition, they can also receive a budget place with a year of training.

HSE – accessible, convenient, understandable

Website for international applicants has been translated into seven languages, including Chinese, Spanish, Arabic and Hindi, allowing candidates to easily find the information they need and navigate the admissions process. In addition, international applicants are contacted on social media and during webinars, answering the most pressing questions about education, visas, life in Russia and even whether there are places with halal food.

“We strive to attract only the best. We work with talented schoolchildren and applicants on an ongoing basis,” says Alexander Deyev, Director of Talent Abroad. “HSE ensures simplicity and accessibility of the entire process — from online application submission to the start of studies. We understand that entering a university, especially in a foreign country, is an important step that can be associated with many difficulties, especially for international students. Therefore, every year we do everything possible to make the application and document preparation process as clear as possible. Online consultations, personal support at all stages of admission, preparation for arrival in Russia — all this allows our applicants to feel confident and calm, to know that they will always be supported and helped to solve any problem that arises.”

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 –

February 5, 2025
MIL-OSI: Lantronix to Debut New LM4 AI-Powered Out-of-Band Management Platform at Cisco Live
Source: GlobeNewswire (MIL-OSI)

IRVINE, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge intelligence, will debut its new LM4 AI-powered Out-of-Band Management (OOBM) platform at Stand A10 during Cisco Live, February 10–14, 2025, at Amsterdam RAI. Lantronix’s LM4 is the industry’s first console server specifically designed, sized and priced for Intermediate Distribution Frames (IDFs) and compact environments such as ATMs, kiosks, and network aggregation points. Engineered for healthcare, finance, utilities, telecommunications, government, retail and manufacturing, the LM4 delivers enterprise-grade automation, compliance and cybersecurity capabilities, leveraging technology proven in military and financial networks.

“We’re excited to introduce the LM4 Out-of-Band Management platform, which enables our customers to leverage rules-based AI for secure, reliable and automated network infrastructure recovery and mitigation,” said Mathi Gurusamy, chief strategy officer at Lantronix. “At Lantronix, we are committed to enabling network management automation with innovative solutions that enable our customers to be more efficient, secure and bottom-line focused.”

Serial console servers represented a $320 million worldwide market in 2024 and are growing at a steady 7 percent rate to a projected $391 million in 2026, according to the Dell’Oro Group.

Out-of-Band Management Everywhere

An advanced out-of-band management platform, the small yet powerful LM4 provides access, continuous monitoring and automated remediation of issues as well as control of network infrastructure devices. Operational whether the network is up or down, the expert system uses rules-based AI to recover and mitigate network infrastructure automatically, including reliable and secure access to remote gear during an outage. With up to four ports of serial console connections for directly managing gear plus support for up to 48 virtual ports, the LM4’s compact size and affordable price enables network managers to utilize out-of-band everywhere, including many locations previously considered too small and numerous for advanced out-of-band management.

Running the powerful LMOS software, the LM4 brings the power of NOC-based software to the network’s edge to create a separate management plane in the rack with network infrastructure. With continuous monitoring and automated runbook responses, the LM4 can detect and solve issues before traditional NOC-based tools even know there is an issue. LMOS features a granular authorization model that integrates with existing access controls as well as automated change management functions, including the ability to store multiple config and OS files with local backups to enable automated rollback of failed config changes.

Standardize on Lantronix LM-Series Solutions for Enterprise-Grade OOB Management

The LM4 runs the same LMOS software as the LM83X and LM80 console servers, expanding the LM-Series console access options anywhere from 2–104 ports. The LM-Series is centrally managed by the Lantronix Control Center, which is available to run on-premises as a VM or hosted in the cloud. Lantronix’s LM-Series products allow customers to standardize their out-of-band management and deploy enterprise-grade functionality and AI-driven automation at all points in the network. The result is a more resilient network that’s easier to manage with fewer issues, reduced support truck rolls and stronger security and compliance.

Lantronix is the go-to source for innovative out-of-band solutions, providing a suite of reliable, secure and easy-to-deploy platforms, all supported by its exceptional service team.

Also being shown at Cisco Live are:

Out-of-Band Management Solutions
- LM83X, delivering AI-driven out-of-band management of 8–104 devices over serial console connections in a scalable and robust console server with dual power inputs.
- LM80, providing a fixed 8-port serial AI-driven out-of-band management solution that can automate a majority of routine IT maintenance and recovery tasks quickly and error-free.
- Lantronix Control Center, a single pane of glass for managing all LM-series devices for secure remote access as well as for automating management of each of the connected network infrastructure devices. It is a single source for Authorization-Authentication-Accounting (AAA) controls, creating monitoring and action rules without scripting, centrally archiving both monitored device operating system and configuration files and compliance reporting.
Reliable Gateways and Console Servers With Trusted Performance
- EMG 8500, Lantronix’s Edge Management Gateway that provides secure remote access for branch offices, remote locations, retail stores or anywhere an offsite network device gateway is needed and where space is limited.
- SLC 8000: Advanced Console Manager, providing secure access to IT equipment with 8–48 ports of RS-232 and USB console connections.
- G520 Series, Lantronix’s next-generation IoT cellular LTE CAT 4G and 5G gateway designed for industrial applications, including pre-enabled Percepxion™ Edge Solution Platform to increase operational efficiency and prevent cyber-attacks.
- X300 Series, a Cellular Compact IoT Gateway Solution that includes Lantronix’s IoT gateway hardware and centralized device management, cellular data, enhanced security and expert technical support in an all-in-one package.
Expert Technical Support
- LEVEL Technical Services, providing dedicated technical support experts to assist with implementing out-of-band deployments and limited lifetime equipment warranties.
About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix leadership. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com

Lantronix Analyst and Investor Contact:
investors@lantronix.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bce840fa-a24a-413e-96ca-23443e7d1d6b

The MIL Network –
February 5, 2025
MIL-OSI: Cority Partners with Salus Technical, Bringing Advanced Bowtie Risk Analysis to CorityOne Ecosystem
Source: GlobeNewswire (MIL-OSI)

TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Cority, the global leader in enterprise Environmental, Health, and Safety (EHS) software, today announced a strategic partnership with Salus Technical, a UK-based provider of bowtie risk analysis software. Through this partnership, Cority customers can access Salus Technical’s Bowtie Master solution, with its advanced Bowtie Risk diagramming and analysis features, enhancing their ability to manage complex risks within high-hazard settings.

Managing risk is a growing demand for and one of the most critical challenges for organizations operating in high hazard environments. Traditional methods of risk assessment often struggle to adequately capture complexities common in high-reliability environments with intricate & highly coupled processes. Bowtie Risk Analysis, with its intuitive visual diagrams, enables organizations to proactively identify and assess compliance, or Bowtie Risk Analysis tools help organizations build a clear, actionable framework for advanced risk management.

Through this partnership, Cority will integrate Bowtie Master with Cority’s Risk Management solution. As part of CorityOne, the company’s comprehensive EHS and sustainability SaaS-based ecosystem, customers will also be able to access other Safety-based Cority applications and, eventually, the full spectrum of environmental, health, quality, and sustainability programs. This holistic approach provides users with one place for better insights, collaboration, and decision making.

Addressing Complex Risks with Cutting-Edge Tools

“Process safety and risk management require tools that not only analyze risks but also make the insights actionable,” said David Jamieson, founder of Salus Technical. “This partnership allows organizations to streamline their risk assessment workflows, ensuring they can visualize complex scenarios, identify key dependencies, and prioritize resources to protect their workforce and operations.”

Salus Technical’s Bowtie Master dynamically builds bowtie risk diagrams, simplifying the complexities of process safety. Unlike traditional tabular methods, Salus Technical’s Bowtie Master solution enables users to build bowtie risk diagrams dynamically with simple drag-and-drop features, providing a holistic view of risks and dependencies, and helping organizations prioritize required preventive and corrective actions. The integration with CorityOne will allow customers to connect insights from their bowtie risk analysis to other EHS workflows, helping them make informed decisions that increase resiliency, boost system reliability, and reduce the likelihood of catastrophic events.

Benefits of the partnership Include:
- Enhanced Risk Visibility: Intuitive, dynamic diagrams simplify complex risk scenarios, improving cross-team collaboration and understanding.
- Proactive Risk Management: Organizations can prioritize and address risks before incidents occur, reducing downtime and improving operational safety.
- Improved Efficiency: Seamless integration with CorityOne enables streamlined workflows, data visualization, and effective reporting.
A Growing Demand for Bowtie Risk Analysis
Bowtie risk analysis has become a preferred tool in industries such as oil and gas, energy, mining, and transportation, where the stakes of operational failures are high. Regulatory trends in specific regions, including Australia, are further driving demand for bowtie risk analysis capabilities integrated in enterprise-grade EHS software.

A Unified Approach to Risk Management
“Organizations in high-hazard industries are demanding for solutions that simplify complex risk management processes while delivering actionable insights to support intelligent action,” said Sean Baldry, senior director of product management at Cority. “With Bowtie Master, we are bringing our customers a powerful, integrated tool that enhances their ability to manage the most complex risk scenarios effectively and efficiently.”

This partnership underscores Cority’s ongoing commitment to enhancing its CorityOne ecosystem through organic development and strategic collaborations, delivering comprehensive solutions that help organizations drive safety, operational excellence, and sustainability.

For more information, visit www.cority.com and www.bowtiemaster.com.

About Cority
Cority gives every employee from the field to the boardroom the power to make a difference, reducing risks and creating a safer, healthier, and more sustainable world. For over 35 years, Cority’s people-first software solutions have been built by EHS and sustainability experts who know the pressures businesses face. Time-tested, scalable, and configurable, CorityOne is the responsible business platform that combines datasets from across the organization to enable improved efficiencies, actionable insights, data-driven decisions, and more accurate reporting on performance. Trusted by over 1,500 organizations worldwide and consistently recognized as a leader in the EHS industry by independent analyst firms, Cority deeply cares about helping people work toward a better future for everyone. To learn more, visit www.cority.com

About Salus Technical
Salus Technical, based in Aberdeen, Scotland, provides engineering, training, and software solutions to help organizations understand and manage risks from major accidents. Their flagship product, Bowtie Master, offers advanced process safety tools trusted by industries worldwide.

Media Contact
Natalie Rizk
RiotMind
natalier@theriotmind.agency

The MIL Network –
February 5, 2025
MIL-OSI Asia-Pac: 1 more detainee returns to HK

Source: Hong Kong Information Services

The Security Bureau today said that a Hong Kong resident who was recently rescued after being detained in Myanmar where she was forced to work illegally, has departed Thailand for Hong Kong this afternoon with the bureau’s dedicated task force.

The task force met the Hong Kong resident concerned in Bangkok this morning, following the confirmation of her rescue in Myanmar and safe arrival in Thailand, and was delighted to find that she was in good mental and physical condition.

She expressed gratitude for the task force’s active co-ordination and liaison with relevant units of the Thai authorities as well as for the assistance of different parties that enabled her to return home to reunite with her family as soon as possible.

The bureau thanked the Office of the Commissioner of the Ministry of Foreign Affairs in the Hong Kong Special Administrative Region; the Chinese Embassy in the Republic of the Union of Myanmar; the Chinese Embassy in the Kingdom of Thailand; the Consulate General of the People’s Republic of China in Chiang Mai; the Consulate-General of Myanmar in Hong Kong; the Royal Thai Consulate-General, Hong Kong; and the Hong Kong Economic & Trade Office in Bangkok.

The task force is actively following up on the remaining nine requests for assistance involving Hong Kong residents who have yet to return.

MIL OSI Asia Pacific News –

February 5, 2025
MIL-Evening Report: Albanese government bans DeepSeek from official devices on security grounds

Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

The Albanese government is banning DeepSeek – the Chinese artificial intelligence model – from all government systems and devices on national security grounds.

It says this is in line with the actions of a number of other countries and is based on “risk and threat information” from security and intelligence agencies.

The Chinese platform TikTok is already banned from government systems and devices.

Under the decision, announced by Home Affairs Minister Tony Burke, government bodies must immediately remove all DeepSeek products, applications and services from systems and mobile devices. No new installations are allowed.

But politicians can still have DeepSeek on their personal non-government devices. This presently happens with TikTok – for example opposition leader Peter Dutton has a TikTok account.

While the direction only applies to official systems and devices, the government is also urging all Australians to inform themselves about how their data can be used online and to carefully review a company’s privacy policy on how customer data is managed.

Burke said: “The Albanese government is taking swift and decisive action to protect Australia’s national security and national interest.

“AI is is a technology full of potential and opportunity, but the government will not hesitate to act when our agencies identify a national security risk.

“Our approach is country-agnostic and focused on the risk to the Australian government and our assets.‘

The NSW Department of Customer Service acted late last month to ban DeepSeek from official devices and systems.

The department told Cyber Daily it had “taken a precautionary approach to restrict corporate access to DeepSeek AI, consistent with the approach taken for many new and emerging applications, systems and services”.

Commenting on the NSW department’s decision Dana Mckay, Senior Lecturer in Innovative Interactive Technologies at RMIT, said: “The reason Chinese-made and-owned tools are being banned is that the data they collect is available to the Chinese government not just when a crime has been committed, but also for economic or social reasons.

“DeepSeek even collects keystroke patterns, which can be used to identify individuals, potentially allowing them to match in-work searches with leisure time searches, potentially leading to national security risks,” she said.

“It is fair to ask whether DeepSeek is more dangerous to Australian national security than, say, OpenAI which collects similar data: the difference is that OpenAI will only give data to government to comply with relevant laws, and this typically means where a crime may have been committed.

“Whether governments should be concerned about the level of data collected by commercial companies, such as OpenAI and Google, is still a significant question, but one that is separate to the national security concerns raised by China’s data sovereignty laws.”

Among those banning Deepseek are the Pentagon, the United States Navy, NASA, Italy and Taiwan.

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

– ref. Albanese government bans DeepSeek from official devices on security grounds – https://theconversation.com/albanese-government-bans-deepseek-from-official-devices-on-security-grounds-249022

MIL OSI Analysis – EveningReport.nz –

February 5, 2025
MIL-OSI Security: Nearly 20,000 live animals seized, 365 suspects arrested in largest-ever wildlife and forestry operation
Source: Interpol (news and events)

4 February 2025

138 countries and regions join forces to target fauna and flora trafficking worldwide
LYON, France – Nearly 20,000 live animals, all endangered or protected species, have been seized in a global operation against wildlife and forestry trafficking networks, jointly coordinated by INTERPOL and the World Customs Organization (WCO).

Operation Thunder 2024 (11 November – 6 December) brought together police, customs, border control, forestry and wildlife officials from 138 countries and regions, marking the widest participation since the first edition in 2017.

Authorities arrested 365 suspects and identified six transnational criminal networks suspected of trafficking animals and plants protected by the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). Such species are illegally trafficked to meet specific market demands, whether for food, perceived medicinal benefits, “luxury” and collector items or as pets and competition animals.

Globally, more than 100 companies involved in the trafficking of protected species were identified.

The operation led to the rescue of 18 big cats, including these tiger cubs in the Czech Republic.

The seized animals were sent to conservation centres, where their health was assessed while awaiting repatriation or rehabilitation.

Organized crime networks profit from the demand for rare plants and animals, like this bird seized in Mexico.

More than 5,877 live turtles were seized during Operation Thunder, including these ones in Tanzania.

Morocco conducted intelligence-led investigations and seized over 50 snakes of various species.

12 live pangolins were seized during the action weeks, such as this one in Mozambique.

These Oryx were seized in Iraq. The collection of DNA is a crucial part of supporting prosecutions.

1,731 other reptiles were seized live, like these blue-tongued lizards in Australia.

Overall, nearly 20,000 live animals, all endangered or protected species, were rescued.

33 protected primates were seized during the operation, this one was discovered in Chile.

An example of a deer seized in North Macedonia during the operation that was jointly coordinated by INTERPOL and the World Customs Organization (WCO).

This primate was rescued in Indonesia during Operation Thunder.

The live animals, which included big cats, birds, pangolins, primates and reptiles were rescued in connection with 2,213 seizures made worldwide.

Where possible, wildlife forensic experts collected DNA samples before transferring the animals to conservation centres, where their health was assessed while awaiting repatriation or rehabilitation, in line with national frameworks and relevant protocols.

The collection of DNA is a crucial part of supporting prosecutions, as it helps confirm the type of species and its origin or distribution, shedding light on new trafficking routes and emerging trends.

Large-scale trafficking of animal parts, plants and endangered species

In addition to the live animals, participating countries seized hundreds of thousands of protected animal parts and derivatives, trees, plants, marine life and arthropods.

Timber cases represent the most significant seizures, primarily occurring in sea cargo container shipments, while most other seizures took place at airports and mail processing hubs.

Authorities also investigated online activities and found suspects using multiple profiles and linked accounts across social media platforms and marketplaces to expand their reach.

More than 100 companies involved in the trafficking of protected species were also identified.

Valdecy Urquiza, INTERPOL Secretary General said:

“Organized crime networks are profiting from the demand for rare plants and animals, exploiting nature to fuel human greed. This has far-reaching consequences: it drives biodiversity loss, destroys communities, contributes to climate change and even fuels conflict and instability.

“Environmental crimes are uniquely destructive, and INTERPOL, in cooperation with its partners, is committed to protecting our planet for future generations.”

Ian Saunders, WCO Secretary General, said:

“Operation Thunder continues to shed light on a crime that is often not a priority for enforcement actors. Through our joint efforts we have established cooperation mechanisms that facilitate the exchange of information and intelligence, and we have refined our enforcement strategies.

“The illegal wildlife trade is still rapidly growing, highly lucrative and has devastating effects. The WCO remains committed to supporting its members and partners to effectively combat this serious crime.”

This leopard hide was seized in Namibia, during the largest-ever global operation against wildlife and forestry trafficking.

As well as this leopard skin coat discovered in Poland, Polish authorities also seized 300 seahorse tablets.

This Mariposa butterfly found in Peru was one of 5,991 pieces and 233kg of arthropods seized globally.

This wood in Brazil was among 49,572 pieces, 214.9 tonnes and 1340 m3 of timber seized worldwide.

These sea cucumbers and shark fins were seized in Mozambique.

Nearly 4.5 tonnes of pangolin scales were seized in Nigeria.

Mongolia reported the seizure of 40 m3 of timber.

This skull, discovered by Mexican authorities, was among 53 pieces of big cats seized around the world, including claws, furs, and skulls.

Python skin products, like this one seized in Italy, are perceived as high-end or luxurious items.

This coral, found in Italy, was one of 493 pieces and 21.41kg of coral seized globally.

Indonesia reported two instances of trafficking of African ivory.

Significant seizures include:
- Indonesia: 134 tonnes of timber headed to Asia via ocean freight.
- Kenya: 41 tonnes of exotic timber headed to Asia via ocean freight.
- Nigeria: 4,472 kg of pangolins scales
- Türkiye: 6,500 live songbirds discovered during a vehicle inspection at the Syrian border.
- India: 5,193 live red-eared ornamental slider turtles concealed in passenger suitcases arriving from Malaysia at Chennai Airport.
- Peru: 3,700 protected plants intercepted en route from Ecuador.
- Qatar: Eight rhino horns found in a suspect’s luggage while transiting from Mozambique to Thailand.
- United States: One tonne of sea cucumbers, considered a seafood delicacy, smuggled from Nicaragua.
- Hong Kong, China: 973 kg of dried shark fins originating from Morocco seized at the airport.
- Czech Republic: Eight tigers, aged between two months and two years, discovered in a suspected illegal breeding facility.
- Indonesia: 846 pieces of reticulated python skin, from the world’s longest snake species, concealed on board a ship.
- More than 300 firearms, vehicles and poaching equipment.
Building a global intelligence picture of wildlife and timber trafficking

Regular operations such as Thunder enable investigators to build a comprehensive global intelligence picture and detailed offender profiles, significantly enhancing the effectiveness of enforcement efforts and resolution of cross-border cases.

Cooperation between various stakeholders is essential for effectively combating transnational criminal networks, from seizure to arrest and prosecution, as the data collected enable customs administrations to refine their risk management and compliance strategies, and stay one step ahead of criminals, ensuring that their contribution to the fight against wildlife crime is dynamic and responsive.

Ahead of the operation, countries exchanged actionable intelligence on ongoing cases and high-value targets, updating critical information on 21 INTERPOL Red Notices for suspected traffickers wanted internationally. This exchange continued throughout the operation, with officers using the secure channels provided by both INTERPOL and the WCO to communicate in real time.

The Operation Thunder series is backed by the CITES Secretariat and carried out under the partnership framework of the International Consortium on Combating Wildlife Crime (ICCWC). The 2024 edition was co-funded by the European Union, the UK Department for Environment, Food and Rural Affairs (DEFRA), and the United States Agency for International Development (USAID).
MIL Security OSI –
February 5, 2025

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