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  • MIL-OSI Asia-Pac: Raksha Mantri flags-off INS Sunayna as Indian Ocean Ship SAGAR from Karwar with 44 personnel of nine friendly nations of Indian Ocean Region

    Source: Government of India

    Raksha Mantri flags-off INS Sunayna as Indian Ocean Ship SAGAR from Karwar with 44 personnel of nine friendly nations of Indian Ocean Region

    IOS SAGAR is a reflection of India’s commitment to peace, prosperity & collective security in maritime domain: Shri Rajnath Singh

    “Indian Navy ensures that no nation in IOR suppresses another on the basis of overwhelming economy & military power”

    “Our aim is to develop IOR as a symbol of brotherhood & shared interest”

    RM also inaugurates Rs 2,000 crore modern operational, repair & logistic facilities constructed under Project Seabird

    Posted On: 05 APR 2025 4:07PM by PIB Delhi

    Raksha Mantri Shri Rajnath Singh flagged-off Indian Navy Offshore Patrol Vessel, INS Sunayna, as Indian Ocean Ship (IOS) SAGAR (Security & Growth for All in the Region) in Karwar, Karnataka on April 05, 2025. Raksha Mantri also inaugurated modern operational, repair and logistic facilities constructed under Project Seabird worth over Rs 2,000 crore. He was accompanied by Chief of Defence Staff General Anil Chauhan, Chief of the Naval Staff Admiral Dinesh K Tripathi, Defence Secretary Shri Rajesh Kumar Singh and other senior officials.

    IOS Sagar

    The flagging-off of the ship, with 44 naval personnel from nine friendly nations (Comoros, Kenya, Madagascar, Maldives, Mauritius, Mozambique, Seychelles, Sri Lanka & Tanzania), marks a significant step in reinforcing India’s commitment to regional maritime security and international cooperation.

    Addressing the representatives from partner nations of the Indian Ocean Region (IOR), Shri Rajnath Singh termed the launch of IOS SAGAR as a reflection of India’s commitment to peace, prosperity, and collective security in maritime domain. He highlighted India’s growing presence in IOR, stating “It is not just related to our security and national interests, it also points towards the equality of rights and duties among our friendly countries in the region. Our Navy ensures that, in IOR, no nation suppresses another on the basis of overwhelming economy and military power. We ensure that the nations’ interests are protected without compromising their sovereignty,” he said.

    Raksha Mantri also commended the Indian Navy for emerging as the first responder during incidents such as hijacking of ships and acts of pirates, in the region. He stated that the Navy ensures the security of not just Indian ships but also foreign ones, terming free navigation, rule-based order, anti-piracy and securing peace and stability in IOR as one of its biggest objectives. “Along with other stakeholders, Indian Navy is ensuring peace and prosperity in the region. Equipped with state-of-the-art ships, weapons & equipment and well-trained & motivated sailors, we resolve to move ahead with other friendly nations towards developing IOR as a symbol of brotherhood and shared interest,” he added.

    The flag-off coincides with the 10thanniversary of the SAGAR initiative and the National Maritime Day. Shri Rajnath Singh referred to Prime Minister Shri Narendra Modi’s recent MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions) initiative and stated that it will expand and strengthen the SAGAR vision in a more advanced and collaborative manner. “Now that India has transitioned from SAGAR to MAHASAGAR, there could be no better time to launch the voyage of IOS SAGAR,” he said.

    The Raksha Mantri highlighted the historical significance of April 05, when India’s first merchant ship, SS Loyalty, sailed from Mumbai to London in 1919, describing it as a fitting occasion to launch the IOS SAGAR mission. “It’s a proud moment to see India leading the charge for regional cooperation on the same date we mark our maritime legacy,” he said.

    Extending his best wishes to the crew, Shri Rajnath Singh exuded confidence that IOS SAGAR will achieve its broader goals of collective security & growth and maritime excellence.

    IOS SAGAR is a pioneering effort aimed at bringing together the navies and maritime agencies of the Southwest IOR on an Indian Naval platform. The mission will serve as an opportunity to provide comprehensive training to sea-riders from friendly countries and marks an unprecedented collaboration in maritime security.

    INS Sunayna, during its deployment, will visit Dar-es-Salaam, Nacala, Port Louis and Port Victoria. The international crew aboard will undertake training exercises and apply knowledge gained from various professional training schools at Kochi. The exercises/training planned include firefighting, damage control, Visit Board Search and Seizure, bridge operations, seamanship, engine room management, switchboard operations and boat handling –  all of which will improve interoperability between the Indian Navy and its international partners.

    IOS SAGAR will play a crucial role in shaping the future of the IOR. With this mission, India once again reaffirms its commitment to building stronger ties with its maritime neighbours and working towards a safer, more inclusive & secure maritime environment in the region.

    Project Seabird Facilities

    The facilities include marine infrastructure designed for berthing ships, submarines and harbour craft, an armament wharf, two piers specifically equipped for refits, marine utility complexes, residential infrastructure consisting 480 dwelling units for sailors and defence civilians, and support facilities comprising 25 km road network, 12 km storm water drainage, water reservoirs, waste management plants and security watch towers.

    These facilities will boost the sustenance of assets operating off the West Coast, and augment the Indian Navy’s efforts in maintaining a future-ready force.  The infrastructure has been developed in pursuit of the Government’s vision of Aatmanirbhar Bharat with more than 90% of the material and equipment being sourced from within the country. The progressive operationalisation of the Karwar base will generate industrial growth and enable substantial support to the local economy in the Uttar Kannada Region.

    *******

    VK/VM/Savvy/KB

    (Release ID: 2119246) Visitor Counter : 91

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Hong Kong Pop Culture Festival’s outdoor music carnival “ImagineLand 2025” to be held today and tomorrow

    Source: Hong Kong Government special administrative region

         Outdoor music carnival “ImagineLand 2025”, the highlight programme of the Hong Kong Pop Culture Festival 2025 (PCF), is being held today and tomorrow (April 5 and 6) from noon to 10pm at the Hong Kong Cultural Centre (HKCC) Piazza, the Central Lawn & Event Trellis of Salisbury Garden, and the Avenue of Stars free of charge. Today’s (April 5) carnival has attracted many citizens and tourists to watch and participate in its performances and activities.
     
         The PCF is organised by the Leisure and Cultural Services Department (LCSD), and one of the programmes, “ImagineLand 2025”, is supported and sponsored by the Cultural and Creative Industries Development Agency. The Carnival features both daytime and evening programmes. “Go Beyond Concert”, “Comics Fun Experience Gallery” and “Funarts Corner” are available during the day, whereas film programme “Movie Under the Stars” will be held at night.
     
         “Go Beyond Concert”, curated by veteran music professionals Dr Wong Chi-chung, Chiu Tseng-hei and Vicky Fung, together with young jazz musician Alan Kwan as guest curator, showcases three stages at the Hong Kong Cultural Centre Piazza, namely the Forest Stage, Grove Stage and Seed Stage, featuring over 35 musicians and artists from Hong Kong and eight countries and regions to perform mesmerising popular songs and original works. Today’s performances at the Forest Stage featured local pop singers such as Ivana Wong, Joey Tang, Cloud, Ashley Lin, and overseas artists including Didirri from Australia, Sunwoojunga from Korea and more. The Grove Stage showcased performances of different musical styles including electronic, jazz, and rap, while the Seed Stage featured energetic performances by young musicians, filling the Piazza with a multicultural atmosphere.
     
         Tomorrow’s (April 6) performances are also unmissable. The line-up includes erhuist and film composer Wan Pin Chu, the winner of Best Original Music of the 18th Asian Film Awards Ceremony, who will share the stage with renowned local singer-songwriter Yatfung and a cappella group Boonfaysau. Local band Pandora and visiting music groups or musicians, including Naked Feel (the Mainland and Ukraine) , Mathis Picard Trio (France, the United States and the United Kingdom), Invisible Architecture (the United States) and Tomoaki Baba (Japan), will also perform on stage, which should not be missed.
     
         “Comics Fun Experience Gallery” is now on display featuring Hong Kong comics and animation from different eras and popular characters including Old Master Q, Sau Nga Chun, Ngau Chai and Father from Myboy, Din Dong, Tai Ma Shing, and more to highlight the creativity of local artists. There are themed photo spots where iconic props and fiberglass comic characters are set up for visitors to take pictures with their favourite characters. The exhibition will continue at the HKCC until May 7, and then move to Event Space 1.1, VESSEL, Kwun Tong, for display from May 10 to 29.
     
         There is a “Funarts Corner” with yarn spinning, paper fan imprinting, a joyful caricature studio, sound healing and music instrument workshops. Visitors can explore and experience Hong Kong’s pop culture in many different ways through the workshops that blend art, music, and crafts.
     
         “Movie Under the Stars” will be staged at 8pm on both evenings. “Table For Six” (2022) will be screened tonight and “Forbidden City Cop” (1996) on April 6. Audiences can enjoy local comedies while relaxing on the outdoor lawn.
     
         This year, the LCSD presents the third Hong Kong Pop Culture Festival, themed “More Than Joy”. Humour has been a trendsetter in Hong Kong’s pop culture scene. The Festival features a diverse range of formats including stage performances, film screenings, thematic exhibitions, and library and outreach activities. Offering insight into the multifaceted development of Hong Kong’s pop culture along the line of “happiness”, the Festival brings audiences not only joy and laughter but also an opportunity to appreciate how pop culture can be transmitted and transformed, and how integration and breakthroughs are possible. For more information, please visit www.pcf.gov.hk/en.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: PR-EVENT BRIEF INS SUNAYNA – MISSION IOS SAGAR

    Source: Government of India

    Posted On: 05 APR 2025 10:20AM by PIB Delhi

    The Indian Navy Offshore Patrol Vessel (NOPV) INS Sunayna will set sail from Karwar as Indian Ocean Ship (IOS) SAGAR (Security & Growth for All in the Region). The ship is carrying 44 naval personnel from nine Friendly Foreign Nations (FFNs) and will be flagged off by the Hon’ble Raksha Mantri Shri Rajnath Singh from Karwar, today, 05th Apr 25. This mission will mark a significant step in reinforcing India’s commitment to regional maritime security and international cooperation.

    IOS SAGAR is a pioneering effort aimed at bringing together the navies and maritime agencies of the Southwest Indian Ocean Region (IOR) on an Indian Naval platform. The mission will serve as an opportunity to provide comprehensive training to sea-riders from the FFNs and marks an unprecedented collaboration in maritime security.

    INS Sunayna during its deployment will visit Dar-es-Salaam, Nacala, Port Louis and Port Victoria. The international crew aboard will undertake training exercises and apply knowledge gained from various professional training schools at Kochi. The exercises/ training planned include firefighting, damage control, Visit Board Search and Seizure (VBSS), bridge operations, seamanship, engine room management, switchboard operations and boat handling –  all of which will improve interoperability between the Indian Navy and its international partners.

    IOS SAGAR will play a crucial role in shaping the future of the IOR. With this mission, India once again reaffirms its commitment to building stronger ties with its maritime neighbors and working towards a safer, more inclusive and secure maritime environment in the IOR.

    The Flag off Ceremony will be streamed live on the Indian Navy YouTube Channel.

    _____________________________________________________________

    VM/SKS                                                                                                        78/25

    (Release ID: 2119169) Visitor Counter : 65

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: At Yellowstone’s edge: The Beartooth Mountains and the Stillwater Complex

    Source: US Geological Survey

    Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week’s contribution is from Stanley Mordensky, geologist with the U.S. Geological Survey.

    Granite Peak (center) as seen from the north flank of Tempest Mountain. Note: The photographer did not approach this mountain goat. Instead, the mountain goat, which has likely learned to associate human behavior as a source of sodium (a common problem throughout the region), approached the photographer. USGS photo by Stanley Mordensky, August 2020.

    Before any volcanic material could erupt at what is now Yellowstone National Park, the Yellowstone hotspot had to melt through a diverse sequence of rocks including Absaroka volcanic deposits (53 to 43 million years old), Mesozoic (251 to 65 million years old) and Paleozoic (542 to 251 million years old) sedimentary rocks, and crystalline granites and gneisses (4 to 2 billion years old). These older rocks, which were brought to the Earth’s surface by the flat-slab subduction during the Laramide Orogeny—a mountain building event about 70 to 40 million years ago—are visible throughout the region, including in the Beartooth Mountains. 

    The Beartooth Mountains are renowned for allowing visitors to drive amidst alpine tundra and towering peaks soaring above 3,650 meters (12,000 feet), including Montana’s highest point, Granite Peak, which reaches an elevation of 3,900 meters (12,799 feet) along the Beartooth Highway (US 212). Although the high elevation elicits many to celebrate the Beartooth Mountains as the “Top of the World”, the age of the rocks in these mountains creates even greater distinction—some of these crystalline rocks constitute not just the oldest rocks of the Greater Yellowstone Ecosystem, but the second oldest rocks yet found in North America and the third oldest in the world.

    Map of the geologic domains of the Greater Yellowstone Ecosystem (GYE). Boundaries are approximate.

    The Beartooth Mountains consist of four distinct blocks of rock: 1) the South Snowy Block; 2) the North Snowy Block; 3) the Plateau Block; and 4) the Stillwater Block. The South Snowy Block is found along the northern boundary of Yellowstone National Park. The North Snowy Block defines the northeastern side of Paradise Valley and extends east to, and is separated from, the Plateau Block by the Mill Creek-Stillwater Fault System. The Stillwater Block shares its southern boundary with the northern extent of the North Snowy and Plateau blocks. The North Snowy, Plateau, and especially South Snowy blocks are probably buried in part by younger Absaroka volcanism. 

    The South Snowy and North Snowy blocks are composed of metamorphosed oceanic sedimentary deposits and igneous rocks ranging from 2.8 to 2.5 billion years old and indicate the presence of an ancient ocean basin. Much like the South Snowy and North Snowy blocks, the Plateau Block is composed of metamorphosed sedimentary rock, but the Plateau Block appears to be older in age than the Snowy blocks. At Quad Creek, where the Beartooth Highway climbs up to the Beartooth Mountains from the east, age estimates of some zircon crystals are as old as 3.96 billion years. Only two other places in the world (western Australia and northern Canada) have ages older than this. By way of comparison, the youngest Yellowstone caldera-forming eruption is 0.016 % the age of the oldest dated zircon crystals in the Beartooth Mountains.

    The Stillwater Block shares some qualities with the South Snowy, North Snowy, and Plateau Blocks, like having > 2.5 billion year old crystalline rock, but the Stillwater Block also has the notable distinction of hosting an exceptionally large volume of crystalized magma called the Stillwater Complex.  The complex intruded into the crystalline rock around 2.7 billion years ago. The magma crystallized as layers, earning a special classification as a geologic formation  known as a layered mafic intrusion. Large layered mafic intrusions often host important ore types. The Stillwater Block contains the nation’s largest reserves of platinum, palladium, and chromium. Because of its distinction of having some of the highest-grade metal ore deposits in the world, as well as containing some remarkable layered igneous features, the International Union of Geological Sciences (IUGS) designated the Stillwater Complex as a ‘key place with geological elements and/or processes of international scientific relevance, used as a reference, and/or with a substantial contribution to the development of geological sciences through history’, a distinction held by only 99 other locations around the world.

    View of Twin Peaks (left-most prominent peak), Mt. Hague (second-left-most prominent peak), and Mt. Wood East (second-right-most prominent peak, center of frame) from the appropriately named Frozen to Death Plateau (a sub-region of the Beartooth Plateau Block). The Bull Lake and Pinedale glaciations carved the valley walls and plateau tables to become steep and smooth. USGS photo by Stanley Mordensky, August 2020.

    That was a lot of information to take in, so let us summarize the geologic story of the Beartooth Mountains. 

    1. Between about 3.96 and 3 billion years ago, erosion from ancient granites deposited sediment into ancient basins.
    2. Between about 3 to 2.5 billion years ago, those sedimentary deposits were buried to great depths (> 20 km, or 12 miles), where most of the buried rock recrystallized and metamorphosed as the gneisses and granites we see today. Some of the ancient granite, like the zircon crystals, survived the metamorphism intact.
    3. Over the next 2+ billion years, tectonic forces moved the recrystallized gneisses and granites as blocks of rock within the Earth’s subsurface. During this time, these blocks were subject to varying degrees of magmatic intrusions, the most significant of which created the Stillwater Complex and its high-grade ore.
    4. Uplift, most recently during the Laramide Orogeny about 70 to 40 million years ago, eventually raised and repositioned these blocks of crystalline rock to their present configuration.

    Most recently, the Bull Lake (about 150,000 years ago) and Pinedale (20,000–15,000 years ago) glaciation events sculpted the terrain, giving us the Beartooth Mountains we recognize today.

    So if you want to take a trip back in time—wayyyyyy back in time!—check out the Beartooth Mountains!

    MIL OSI USA News –

  • MIL-OSI: Bitget Chief of Legal’s Open Letter Highlights Expansion and Regulatory Compliance Plans

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, April 07, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has published an open letter by its Chief Legal Officer, Hon Ng, which highlights the exchange’s efforts in global regulatory compliance and expansion. The CEX continues to grow in the global crypto market by securing regulatory approvals and expanding its operations. With a strong focus on compliance, Bitget is navigating evolving regulatory landscapes with over eight licenses obtained while ensuring that users have access to a secure and transparent trading environment.

    Hon Ng, Chief Legal Officer at Bitget, has addressed the company’s strategic direction in an open letter, providing plans to grow Bitget’s regulatory standing across multiple jurisdictions. His statements show the importance of regulatory dialogues and highlight upcoming initiatives that will shape the platform’s future.

    “The regulatory environment surrounding digital assets is becoming more defined, and Bitget is taking proactive steps to work alongside authorities to ensure responsible growth. Compliance is not an obligation it’s a necessity; it’s about setting a standard for the industry and building a sustainable ecosystem for users,” said Hon Ng, Chief Legal Officer at Bitget.

    Bitget has already secured registrations and approvals in several key markets, including Australia, Italy, Poland, Lithuania, the UK, the Czech Republic, and El Salvador. These achievements align with the company’s strategy of working within legal frameworks and supporting initiatives that promote advanced security and user protection. The legal and compliance teams are working closely to obtain additional licenses in jurisdictions that will further enhance the platform’s accessibility and credibility.

    One of the primary objectives for the upcoming year is to refine the company’s compliance protocols. A strong Know Your Customer (KYC) process is being implemented to optimize user verification while adhering to anti-money laundering and counter-terrorism financing regulations. In parallel, Bitget is investing in advanced transaction monitoring tools to detect and prevent illicit activity, ensuring that all operations adhere to the highest standards of financial integrity.

    Collaboration with regulators and law enforcement agencies remains a key aspect of Bitget’s compliance efforts. The company has established direct communication channels with authorities to facilitate transparent reporting and improve response times in cases of suspicious activity. By adopting new technological solutions, Bitget aims to enhance global cooperation while safeguarding user privacy.

    In addition to regulatory advancements, Bitget is focused on introducing innovative products that align with compliance requirements. Bitget is already building even stronger user protection, risk management features, and enhanced security measures that strengthen the platform’s durability and credibility. This is in line with the company’s targets of maintaining a secure, compliant, and user-centric trading platform.

    As part of its commitment to responsible operations, Bitget strictly adheres to international sanctions controls. Users from restricted regions are prohibited from accessing the platform, ensuring that all activities remain within legal boundaries. A dedicated compliance team continuously monitors global regulatory developments to adjust policies as needed.

    Bitget’s legal and compliance strategy is designed to adapt to the rapidly changing digital asset landscape. With regulatory discussions evolving worldwide, the company is prepared to adjust its framework to align with new policies and emerging industry standards. The legal team remains engaged in conversations with policymakers to contribute to the responsible development of crypto regulations.

    “Compliance is a continuous process that requires foresight and collaboration. Our goal here is simple: we comply, expand, operate, and grow. Our focus remains on making crypto accessible to everyone globally, and each license and approval is a step closer to it,” added Ng.

    Bitget’s ongoing expansion and compliance efforts reaffirm its role as a leading player in the crypto market. By staying ahead of regulatory changes and implementing rigorous security measures, the company indeed plans to keep its title of being one of the top most trusted crypto exchanges globally.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ce89060-7391-4f7b-8779-f290efb24dc4

    The MIL Network –

  • MIL-OSI: Beneficient Enters into $9.6 Million GP Primary Capital Transaction

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, April 07, 2025 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today announced it has closed on the financing of a $9.6 million primary capital commitment for Pulse Pioneer Fund, LP (“Fund”), a fund managed by Pulse Pioneer GP, LLC, an asset manager that manages venture capital funds that invest in scalable climate companies within its target interdependent investment verticals. The transaction represents Ben’s first GP Primary transaction of the fiscal year. In exchange for an interest in the Fund, the Fund received approximately $9.6 million in stated value of shares of the Company’s Resettable Convertible Preferred Stock (the “Preferred Stock”), which is convertible at the election of the holder into shares of the Company’s Class A common stock, subject to the terms and conditions of the transaction documents. As a result of the transaction, the collateral for Company’s ExAlt loan portfolio is expected to increase by approximately $9.6 million of interests in alternative assets.

    “Successfully completing another GP primary capital transaction reinforces our ability to execute on our core liquidity and primary capital strategy by delivering innovative financing solutions for alternative asset holders and managers,” said Beneficient management. “We believe this financing reflects our ability to drive shareholder value while supporting impactful, vertically integrated investment strategies that enhance the value of the collateral backing our ExAlt loan portfolio. We’re excited to build on this momentum as we enter the new fiscal year and we continue to pursue additional opportunities that align with our strategic vision and growth objectives.”

    Upon closing of the previously announced Public Stockholder Enhancement Transactions (the “Transactions”), the Company believes this transaction will result in the addition of approximately $1.28 million (and an aggregate of approximately $10.46 million) of tangible book value attributable to the Company’s stockholders.

    Beneficient’s GP Primary Commitment Program is focused on providing primary capital solutions and financing anchor commitments to general partners during their fundraising efforts while immediately deploying capital into our equity. Through the program, Beneficient seeks to help satisfy the up to $330 billion of potential demand for primary commitments to meet fundraising needs.

    Reconciliation of Non-GAAP Financial Measures            
         
    The following tables reconciles these non-GAAP financial measures to the most comparable GAAP financial measures as of December 31, 2024, on an actual basis and pro forma assuming the Transactions occurred on December 31, 2024.    
    (dollars in thousands)   Actual   Pro forma –
    Transactions     (1)    		   Pro forma –
    Transactions
    and GP
    Primary     (3)
    Tangible Book Value            
    Total equity (deficit)     14,260     14,260     23,680  
    Less: Goodwill and intangible assets     (13,014 )   (13,014 )   (13,014 )
    Plus: Total temporary equity     90,526     90,526     90,526  
    Tangible book value     91, 772     91,772     101,372  
                 
        Actual   Pro forma –
    Transactions     (1)    		   Pro forma –
    Transactions
    and GP
    Primary     (3)
    Tangible book value attributable to Ben public company stockholders            
    Tangible book value     91,772     91,772     101,371  
    Less: Tangible book value attributable to Beneficient Holdings noncontrolling interest holders     (91,772 )   (82,595 )   (90,915 )
    Tangible book value attributable to Ben’s public company stockholders     –     9,177(2)   10,457(4)
                 
    Market Capitalization of Ben’s Class A and Class B common stock as of April 4, 2025 (5)   $ 2,728          
    (1)   Assumes the Transactions closed on December 31, 2024 including that the Beneficient Holdings limited partnership agreement was amended to provide that Ben, as the indirect holder of the Class A Units and certain Designated Class S Ordinary Units of Beneficient Holdings, would receive in the event of a liquidation of Beneficient Holdings 10% of the first $100 million of distributions of Beneficient Holdings following the satisfaction of the debts and liabilities of Beneficient Holdings on a consolidated basis.
    (2)   Pro forma for the Transactions, represents 10% of the first $100 million of distributions of Beneficient Holdings in the event of the liquidation of Beneficient Holdings following the satisfaction of the debts and liabilities Beneficient Holdings on a consolidated basis.
    (3)   Assumes the Transactions closed on December 31, 2024 including that the Beneficient Holdings limited partnership agreement was amended to provide that Ben, as the indirect holder of the Class A Units and certain Designated Class S Ordinary Units of Beneficient Holdings, would receive in the event of a liquidation of Beneficient Holdings (i) 10% of the first $100 million of distributions of Beneficient Holdings following the satisfaction of the debts and liabilities of Beneficient Holdings on a consolidated basis and (ii) 33.3333% of the net asset value of the added alternative assets of up to $5 billion in connection with ExAlt Plan liquidity and primary capital transactions entered after December 22, 2024.
    (4)   Pro forma for the Transactions, represents (i) 10% of the first $100 million of distributions of Beneficient Holdings in the event of the liquidation of Beneficient Holdings following the satisfaction of the debts and liabilities Beneficient Holdings on a consolidated basis and (ii) 33.3333% of the net asset value of the added alternative assets of up to $5 billion in connection with ExAlt Plan liquidity and primary capital transactions entered after December 22, 2024.
    (5)   Based upon the closing price of the Class A common stock as reported by Nasdaq as of market close on April 4, 2025.
         

    About Beneficient 
    Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds− with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote® tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.
    Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner. 

    For more information, visit www.trustben.com or follow us on LinkedIn. 

    Contacts
    Matt Kreps: 214-597-8200, mkreps@darrowir.com
    Michael Wetherington: 214-284-1199, mwetherington@darrowir.com
    Investor Relations: investors@beneficient.com

    Important Information and Where You Can Find It

    This press release may be deemed to be solicitation material in respect of a vote of stockholders to approve an amendment to approve the issuance of the Company’s Class A common stock upon conversion of the Series B-6 Preferred Stock pursuant to the transaction. In connection with the requisite stockholder approval, Ben will file with the Securities and Exchange Commission (the “SEC”) a preliminary proxy statement and a definitive proxy statement, which will be sent to the stockholders of Ben, seeking such approvals related to the transaction.

    INVESTORS AND SECURITY HOLDERS OF BEN AND THEIR RESPECTIVE AFFILIATES ARE URGED TO READ, WHEN AVAILABLE, THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT BEN AND THE TRANSACTION. Investors and security holders will be able to obtain a free copy of the proxy statement, as well as other relevant documents filed with the SEC containing information about Ben, without charge, at the SEC’s website (http://www.sec.gov). Copies of documents filed with the SEC by Ben can also be obtained, without charge, by directing a request to Investor Relations, Beneficient, 325 North St. Paul Street, Suite 4850, Dallas, Texas 75201, or email investors@beneficient.com.

    Participants in the Solicitation of Proxies in Connection with Transaction

    Ben and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the requisite stockholder approvals under the rules of the SEC. Information regarding Ben’s directors and executive officers is available in its annual report on Form 10-K for the fiscal year ended March 31, 2024, which was filed with the SEC on July 9, 2024 and certain current reports on Form 8-K filed by Ben. Other information regarding the participants in the solicitation of proxies with respect to the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC. Free copies of these documents, when available, may be obtained as described in the preceding paragraph.

    Not an Offer of Securities

    The information in this communication is for informational purposes only and shall not constitute, or form a part of, an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities. The securities that are the subject of the transaction have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

    Forward Looking Statements

    Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Transactions, including receipt of required approvals and satisfaction of other customary closing conditions and excepted timing of closing of the Transactions, and expectations of future plans, strategies, and benefits of the Transactions. The words ”anticipate,” “believe,” ”continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” ”plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Important factors that could cause actual results to differ materially from those expressed in the forward-looking statements include, among others: the ultimate outcome of the transaction, including obtaining the requisite vote of securityholders; the Company’s ability to meet expectations regarding the timing and completion of the transaction; and the risks, uncertainties, and factors set forth under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and its subsequently filed Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date they are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events, or circumstances or other changes affecting such statements except to the extent required by applicable law.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.  

    The MIL Network –

  • MIL-OSI Australia: Domestic Animal Services long-termer finds his fairytale

    Source: Northern Territory Police and Fire Services

    Obi’s new family members, Kate and Evie, couldn’t be happier with their decision to adopt from Domestic Animal Services.

    Things are looking a little different for Rocky, who held the record as the dog with the longest stay at Domestic Animal Services (DAS).

    The three-year-old was at the shelter for over 300 days. This left volunteers scratching their heads as to why the friendly mixed-breed hadn’t found his forever home.

    Today, Rocky’s living in a whole new world. For a start, he’s now Oberon, or Obi for short.

    While his new family fell in love with him instantly, they weren’t so keen on his name.

    He now bears the title of the fairy king in Shakespeare’s A Midsummer Night’s Dream, which the family felt was a much better fit.

    “Well, he’s just so gentle. When we picked him up, he was wearing a big studded collar and I felt that it was too much of a stereotype. A tough-sounding name (Rocky) and a tough collar for a tough-looking dog,” his new mum, Kate, said.

    She and her family are keen to do away with some other misconceptions too.

    “One of the best things about Oberon is how chilled out he is,” Kate said.

    “But some people have definitely been nervous … not wanting to come too close. A number of times we’ve come across people with small dogs who have picked them up as we passed.

    “On the other hand, plenty of people are happy for Obi to approach their young children. A 12-year-old told me he ‘knows not to judge a dog by the way it looks,’ which was great to hear,” she said.

    Adopting from Domestic Animal Services helps people like Kate give a dog a second chance, regardless of their breed, looks or age.

    “Working at DAS has really opened my eyes to how many dogs are actually already out there in desperate need of love and a home,” DAS kennel hand Amity said.

    “Working with these desperate animals, I’ve been fortunate enough to experience the selfless nature of a shelter animal, as well as their beautiful personalities. These incredible dogs are just searching for a sense of security and compassion, and once it is given to them, they never cease to please!”

    While many people look for puppies when deciding to add a dog to their family, Amity urges Canberrans to look beyond years.

    “Most people won’t adopt as they wouldn’t have been able to raise the dog from a very young age. However, what most people don’t understand is that disadvantaged dogs can have a higher sense of gratitude and appreciation to the family that takes them home.

    “Gaining trust is so much more important to these shelter dogs, so they are willing to go so much further to show their new owners just how appreciative they are,” she said.

    “Not only is adopting a dog from DAS rewarding, it is also an extremely easy and inexpensive way to find the one you’ve been looking for.”

    There are many dogs currently looking for their forever home at DAS.

    View dogs up for adoption or visit DAS in Symonston to meet them in person.

    DAS is open from 10am to 2pm Monday to Friday, and 10am to 3pm on Saturdays.

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    MIL OSI News –

  • MIL-OSI Australia: Official naming and opening ceremony for Shirley Smith High School

    Source: Northern Territory Police and Fire Services

    Ngunnawal elder Aunty Tina Brown, a distant relative of Shirley Smith’s, welcomed everyone to the site.

    Shirley Smith High School has been officially named, with a plaque unveiled at a naming ceremony to mark the occasion.

    The school opened this year in Kenny, welcoming its first cohort of year 7 students.

    It will, in time, cater to up to 800 students from across east Gungahlin, providing high-quality public high school education.

    The school was named after prominent activist and Wiradjuri woman Shirley Smith.

    She was a founding member of many important community services in Redfern, Sydney, including the Aboriginal Medical Service, Aboriginal Legal Service, the Aboriginal Housing Company, and the Aboriginal Children’s Service. 

    Shirley Smith’s advocacy for Aboriginal and Torres Strait Islander people influenced other communities to establish similar services.

    The school has been designed with flexible learning in mind, and also has spaces available for use by both students and the community, including a double gymnasium, covered hard court, an oval and a multipurpose hall.

    In addition to the plaque unveiling, a Welcome to Country and smoking ceremony were provided by Ngunnawal elder Aunty Tina Brown – who is a distant relative of Shirley Smith’s – to officially welcome everyone to the site. 

    Find out more on the Shirley Smith High School website or enrol for 2025.

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    MIL OSI News –

  • MIL-OSI Australia: Meet the team keeping Canberra’s memorial parks beautiful

    Source: Northern Territory Police and Fire Services

    Heather and Michael manage the gardens of the places Canberrans go to honour and remember the lives of their loved ones.

    If you’ve experienced loss, it’s likely there are strangers who made an impact on this period of your life.

    Kind emergency services staff, compassionate healthcare workers and caring funeral directors can make a big difference.

    But something you might not have considered are the people who take care of the spaces where loved ones rest. The workers who carefully and respectfully plan and maintain the places that Canberrans go to grieve and remember.

    Michael and Heather are horticulturalists who maintain Canberra Memorial Parks, including Gungahlin Cemetery and Crematorium and Woden Cemetery.

    “We’re creating an environment that is part of a sacred place that people go,” Heather said.

    “Potentially for some people it’s one of their worst days or times, so there’s an opportunity for us to in some tiny way try and make that better.”

    From a horticultural point of view, working on the Memorial Parks is multifaceted.

    “We manage a lot of plantings. We’ve got a lot of high-care gardens, which have a lot of input,” Heather said.

    This can include:

    • pest and disease management
    • formative pruning
    • weed management
    • planning.

    “We take things into account like being culturally aware,” Michael said.

    “There’s lots of different plants and there are plants that aren’t native to Australia. But they’re still beautiful and very significant to many people. When someone sees those plants that may make them think of home and that may make them feel a bit more comfortable.”

    Creating and maintaining a space that provides comfort is key for both Michael and Heather. As Canberra locals, they are keenly aware of the impact that the Memorial Parks have on their community.

    “You drive through the gate and you just have that inbuilt job satisfaction,” Heather said.

    “You know that you’re part of something that is important to the local community and their family members, as well as local residents that spend time here and cherish the area.”

    “I don’t just come to work for the money,” Michael said.

    “I come to work because I love what I do. I love the people I work with. I love maintaining and creating an environment that helps families and loved ones when they want to come to the cemetery. They feel comfortable. They see it’s well maintained.”

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    MIL OSI News –

  • MIL-OSI Australia: Renewed commitment to LGBTIQA+ community

    Source: Northern Territory Police and Fire Services

    The new strategy affirms the ACT Government’s commitment to positive change for LGBTIQA+ individuals, their families and their communities.

    Key actions to improve health, wellbeing and equality for LGBTIQA+ Canberrans will be implemented as part of the Capital of Equality Strategy for 2024–29, released today.

    The new strategy affirms the ACT Government’s commitment to positive change and improved wellbeing for LGBTIQA+ individuals, their families and their communities.

    The strategy acknowledges persistent challenges for the LGBTIQA+ community.

    Key actions

    The Capital of Equality Strategy for 2024–29 will be implemented through action plans. Some of the key actions announced with the strategy include:

    • continued support for the Capital of Equality Grants Program, recognising its positive outcomes for LGBTIQA+ communities and the continuing demand for these funds
    • working together with LGBTIQA+ Aboriginal and Torres Strait Islander Peoples to scope their needs and design the solutions
    • actions to improve health outcomes, including mental health, gender-affirming care, fertility access and abortion access
    • implementing a range of policy forms for LGBTIQA+ equality, such as improving LGBTIQA+ related data collection in housing policies and continuing the work on protections for people born with variations in sex characteristics from deferrable medical interventions
    • building an information hub for LGBTIQA+ communities to know where to seek support
    • continuing support for LGBTIQA+ work and events, recognising their vital role in creating community connections and spaces of belonging.

    As Canberra’s population grows, the new strategy marks an important step in ensuring the city remains one of the world’s most welcoming and inclusive.

    A changed acronym

    The ACT Government now adopts the LGBTIQA+ acronym.

    The addition of ‘A’ explicitly acknowledges and affirms the identities of asexual, aromantic and agender individuals within the broader LGBTIQA+ community.

    This modest but important change gives the asexual, aromantic and agender communities confidence that they are welcome and wanted.

    “The biggest barrier in coming out as asexual is education. The more awareness there is of asexuality, the easier it will be for people to be open with their identities. Recognition is incredibly important in this regard,” Canberran Phil said.

    More information

    More information on the Capital of Equality Strategy for 2024–29 and the First Action Plan is available at The Office of LGBTIQ Affairs webpage .

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    MIL OSI News –

  • MIL-OSI Australia: Garran Primary School modernisation kicks off

    Source: Northern Territory Police and Fire Services

    Students were present at the Garran Primary School sod-turning event.

    The first sod has been turned at Garran Primary, kicking off work on the project to modernise and expand the school.

    This key milestone marks the beginning of work to establish the site and begin construction.

    The complete modernisation and expansion of the school will deliver new learning and administration facilities, car parking and improvements to school access.

    The school’s capacity will be increased to up to 975 students.

    The works will also include a new gymnasium, hard courts and green spaces, providing more sporting facilities for the Woden community.

    The new learning spaces will provide students with an environment that fosters creativity, innovation and personal growth.

    The redevelopment will also support the community by developing modern facilities. It is hoped these become a meeting hub for local clubs and groups in the Garran area.

    Some preliminary works have already taken place during the school holidays, including providing new alternative play spaces and facilities. These will help ensure the continued delivery of a well-rounded curriculum for all students throughout the construction period at Garran Primary School.

    The project’s staged construction approach will allow learning to continue onsite in the existing school as work takes place.

    It will also reduce the impact on parking and ensure the site’s surrounding area is safe for students, families and members of the public.

    The first stage of the Garran Primary School modernisation project – the construction of the new school campus – is scheduled to be completed by the end of 2025.

    For more information about these works, or to follow along with the construction progress,  visit www.builtforcbr.act.gov.au/projects/education/garran-primary-school-expansion-and-modernisation

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    MIL OSI News –

  • MIL-OSI Australia: Empowering women to drive change in electrical trades

    Source: Northern Territory Police and Fire Services

    Two of the scholarship recipients: Daisy Goodwin and Rachel Waterworth.

    Canberra Institute of Technology (CIT) and Brighte have announced three recipients of their Brighte Pathways: Women in Sustainable Energy scholarships.

    The scholarships aim to support the growth of the ACT’s sustainable energy sector, address skills shortages and give young women pathways to success in what can be a heavily male-dominated industry.

    Each scholarship is for a woman who has demonstrated commitment to the industry and is valued at $2250.

    They are available to women studying full- or part-time, enrolling or intending to enrol in any of the following courses:

    • Certificate III in Automotive Electric Vehicle Technology
    • Certificate III in Electro-technology Electrician · Battery Storage Systems · Grid Connected Photovoltaic Power Systems
    • Certificate III in Air Conditioning and Refrigeration
    • Certificate III in Electronics and Communications
    • Training in Insulation Installation.

    Christine Robertson, Interim Chief Executive Officer of CIT, said the program underpins the Institute’s commitment to fostering gender diversity and sustainability in the renewable energy sector.

    “Through this partnership, we are empowering women to pursue careers in renewable energy and contributing to the growth and innovation of the industry. We are also addressing the skills shortages prevalent in electrification industries,” she said.

    Barriers to becoming a trade professional include lack of exposure and experience to trade vocations and previous stereotypes of gender-associated work.

    “The scholarship funds can be used to cover student fees and purchase recommended equipment for their studies. Additionally, Brighte will cover the Solar Accreditation Australia costs for eligible female CIT students awarded financial scholarships,” Christine said.

    Brighte Founder and CEO Katherine McConnell said we are facing an industry shortage of tradespeople needed to help Australia hit its renewable energy targets.

    “Through our partnership with CIT, we are proud to support the development of our apprentices and create opportunities for these women to thrive in this dynamic and rapidly growing industry.

    “It is so important for us to do our part to ensure that the training pathways are there for young women to enter the industry and help us achieve the growth needed to ensure Australia’s sustainable future,” she said.

    Brighte is the exclusive administrator for the ACT Government’s Sustainable Household Scheme (SHS) as well as the accompanying Solar for Apartments scheme.

    Over the past two years, more than 18,500 installations have been completed with the scheme generating more than 300 GWh of energy.

    CIT will offer more renewable energy scholarships in 2024 to encourage the uptake of renewable energy training.

    Find out more on the CIT website.

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    MIL OSI News –

  • MIL-OSI Australia: Canberra Hospital welcome hall unveiled

    Source: Northern Territory Police and Fire Services

    The hospital’s new entry and main reception will open on 3 June.

    Canberra Hospital’s brand-new welcome hall will open on Monday, 3 June.

    The hall is the new entry and main reception for the hospital and replaces the existing reception in Building 2 from this date.

    Welcome hall location and features

    The welcome hall is close to arrival points such as:

    • the multi-storey car park
    • taxis and public transport
    • a covered waiting area and drop-off zone at the entrance, which also services the new Emergency Department.

    It is a convenient meeting point in a modern, inclusive and comfortable environment.

    Visitors can enquire at the main reception area to find their way to locations around the hospital and gather in the seating hubs.

    Community input was essential to the hall’s design and construction. This feedback has helped shape the building to be welcoming and easy to navigate. It also reflects the diverse nature of the Canberra community.

    The new space will improve the experience for both staff and visitors.

    Design features:

    • a striking wooden-panelled main reception to provide customer service and welcome community to the hospital
    • a new café and retail space (to be opened at a later date)
    • seating hubs and green outdoor spaces for visitors and patients to relax in
    • floor-to-ceiling, double-glazed windows providing a strong connection to the surrounding landscape
    • a transparent, above-ground clinical link that connects the existing hospital with the new building and provides patients with privacy as they move through the hospital
    • striking art installations from local artists that create a welcoming and inclusive space.

    The Critical Services Building

    The welcome hall will connect the new Critical Services Building with the rest of the campus.

    The Critical Services Building is in the final stages of construction and is expected to open to the community in August. It will then be known as Building 5 on the hospital campus.

    The welcome hall is the first part of the new building to open.

    For more information on the Critical Services Building and the Canberra Hospital Expansion project, visit www.builtforcbr.act.gov.au.

    Inside the new welcome hall featuring Bradley Mapiva Brown’s ‘Ngala Dhawura – Country of Many Trees’ artwork.

    The main corridor of the Critical Services Building featuring Hannah Quinlivan’s ‘Life Force’ artwork.

    The main entry to the new welcome hall, alongside ‘Lynnice Church’s ‘Journey of Healing’ artwork.

    MIL OSI News –

  • MIL-OSI Australia: CBASS helps Belconnen store transition online

    Source: Northern Territory Police and Fire Services

    Dejan started Bruce Super Convenience in 2017.

    Dejan Andrevski is well known for running a convenience store with a difference.

    Stocking an array of imported foods from the US and Europe, he started Bruce Super Convenience in 2017.

    He is now looking to move from a bricks and mortar business to a full e-commerce model.

    But how did someone who had three degrees, a foray in investment banking and years of tech start-up work decide he wanted to start a convenience store?

    “My last tech start-up had wrapped up, my wife was pregnant and was like ‘please don’t do another tech start-up, we need consistent pay for the next few years’,” he laughed.

    “I applied for a bunch of accounting jobs, and went to some interviews, but it just didn’t feel right.

    “I saw an ad for this shop that was being sold and I joked with my wife that maybe I could start a shop.

    “Later than night, the spreadsheets were out, and I started thinking, maybe this could actually work,” he said. “I wanted to go out on my own and prove to myself I could do this, without financial backers, and that if it was a success, it was me and if it failed, it was me.”

    It was a success. Dejan’s shop has become well known across Canberra. It even made the Daily Mail this year for stocking imported Biscoff Easter eggs.

    But Dejan’s business reached a tipping point.

    “A new development across the street from our store broke ground three years ago. It was going to include a big supermarket, so we started looking at how we could continue to stay on the front foot, and to be honest, stay in business,” he said.

    Dejan had an investment partner on board. He made an offer to operate the supermarket and began looking at floor plans and fit outs for the new premises.

    However, things took a turn, and the space was bought out by another buyer. It went for almost double the price, which meant Dejan was no longer able to open in the new development.

    “This was only six months ago,” Dejan said. “It was difficult, but we’ve had to adjust and look at how to move forward.”

    That’s when he reached out to the Canberra Business Advice and Support Service (CBASS).

    He wanted to look at how they might further expand their online following and move their store to a full e-commerce offering.

    “Candice and Anna from CBASS have such a great perspective on business. They’ve been in the game a long time and are very practical. They get you to look at hard business targets, but also offer a different, new and measured perspective,” he said.

    “It’s made me ask questions of my business and myself, that I wouldn’t normally, and they’ve been a great support as we transition the business.”

    The ACT Government funds the CBASS program. It offers emerging, new and established businesses in Canberra up to four hours of free business advice.

    With years of industry experience, Anna and Candice are a well of business knowledge.

    “I think a lot of business owners in Canberra can benefit from their support,” Dejan said. “Especially new business owners who don’t know where to start.”

    On Sunday 19 May, Dejan officially closed the Bruce shopfront. People lined up for up to three hours to buy their speciality snacks and imported goodies.

    “Our next goal is to focus on recreating the revenue we created in store, online,” Dejan said.

    “We’re also looking at how we can diversify and move into the wholesale market for the imported products we’re bringing in.”

    You can visit Dejan’s online store to view the selection of speciality and imported snacks and goodies.

    If you’re looking for business support – whether you’re new to business or just starting out – contact CBASS to find out more.

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    MIL OSI News –

  • MIL-OSI Australia: Climate Choices Business Award winners announced

    Source: Northern Territory Police and Fire Services

    Businesses from across the Canberra region have been recognised for their sustainability achievements.

    Today, businesses from across the Canberra region were recognised for their sustainability achievements at the annual Climate Choices Business Awards.

    The awards recognise some of Canberra’s most innovative businesses as the city works towards net-zero emissions.

    The awards received high-quality nominations from a diverse range of organisations.

    This demonstrates a strong commitment to climate action and emissions reduction from the Canberra business community.

    Sustainable choices can sometimes come with an upfront cost, such as those associated with appliance upgrades or installation of EV chargers. The success of businesses such as the award recipients shows that such investments will pay off – for businesses and the community.

    Many of the award-winning businesses benefitted from financial assistance and expert advice from the ACT Government’s Sustainable Business Program.

    Through the program, businesses can receive support to improve sustainability and demonstrate climate leadership in their operations.

    2024 Climate Choices Business Award winners

    Category Business/event
    Zero Emissions Early Movers Goodwin Aged Care Services
    Energy Star Canberra Services Club
    Waste Minimisation Les Bistronomes
    Sustainable Event National Folk Festival
    Sustainable Small Business of the Year Embassy of Belgium
    Corporate Climate Leader Waves Carwash
    Innovation Excellence GREN
    Minister’s Award for Leadership Steven Blakemore
    The Canberra Tradesmen’s Union Club (Dickson Tradies)

    Find out more about the Sustainable Business Program.

    For more information visit the Everyday Climate Choices website.

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    MIL OSI News –

  • MIL-OSI Australia: What it’s really like to volunteer in Canberra

    Source: Northern Territory Police and Fire Services

    Dr Stephen Utick is a volunteer with Rotary through Urban Parks and Places.

    Volunteers make a significant, meaningful and positive impact on Canberra and the people who live here. National Volunteer Week in the ACT runs from 20-26 May. It’s a time to acknowledge and celebrate volunteers in your community.

    Whether you like working with community members, plants or animals, there really is something for every interest and passion.

    Chris, volunteer in the Emergency Department at Canberra Hospital

    Before coming to Canberra, Chris had volunteered at hospitals in Adelaide and Sydney. He worked in the North Canberra Hospital before he started his current volunteer position at The Canberra Hospital.

    “It’s amazing to be there and it’s inspiring being around the doctors and nurses who are just outstanding with their compassion, empathy and kindness,’ Chris said.

    “Just last weekend an elderly gentleman and his wife came into the ED, he wasn’t great. I had a chat with them both and just seeing how she held his hand and after finding out they had been married for 65 years, you could see how fantastic they were together. I got to see that as a volunteer and it doesn’t get much better than that,” Chris said.

    Peter, ParkCare volunteer at Tidbinbilla Nature Reserve

    Accessibility upgrades at Tidbinbilla Nature Reserve mean that Peter can continue to volunteer and enjoy sharing the parks beautiful bushland with visitors.

    “Since I’ve got the scooter, I can now do a whole day’s shift and the upgrades have certainly helped make me feel much more comfortable riding around and talking to people.”

    Peter, volunteer at Taylor Bike Library

    Meanwhile at the Taylor Bike Library, volunteers have found a way for them to combine their love of sustainability, active travel and community.

    Peter is a retiree who came across the Taylor Bike Library when he recently moved to Canberra.

    “The library is a non-profit organisation that provides bikes to families and communities who may not have access to them,” he said.

    Peter describes his time at the library as “an incredibly rewarding experience.”

    “I have learned new skills, met new people, and contributed to a worthy cause. The library provides an excellent opportunity for people like me to stay active and engaged with others in the community.”

    Dr Stephen Utick, volunteer with Rotary through Urban Parks and Places.

    There are over 80 volunteer groups registered with Urban Parks and Places, and activities range from litter collection to habitat enhancement, conservation, training workshops and more.

    One such group is the Weston Park Nursery Heritage Project led by Dr Stephen Utick. This team of volunteers work to remove invasive plants and revegetate the gardens.

    Dr Utick, who is currently a visiting curator at the Sydney Botanic Gardens, was led to volunteering through his professional network.

    “I was initially invited to join Rotary about five years ago by a member who had a background in the navy, after I gave a talk in my (then) capacity as Convenor of Canberra Friends of Dili at the Department of Defence,” he said.

    “First, I had been invited by ACT Urban Parks and Places to identify the camelia collection at this site after I joined Rotary. I was pleased to then showcase a tour of the site to interested members of my Club.”

    There are many different ways to volunteer. Some people like formal roles coordinated through an organisation. Others prefer informal roles where they just help someone in our community. Some people volunteer regularly while others commit to one off activities like volunteering to support a big event.

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    MIL OSI News –

  • MIL-Evening Report: Antarctica’s hidden threat: meltwater under the ice sheet amplifies sea-level rise

    Source: The Conversation (Au and NZ) – By Chen Zhao, ARC DECRA Senior Research Fellow, Institute for Marine and Antarctic Studies, University of Tasmania

    LouieLea, Shutterstock

    One of the biggest challenges in predicting Antarctica’s deeply uncertain future is understanding exactly what’s driving its ice loss.

    A vast network of lakes and streams lies beneath the thick ice sheet. This water can lubricate the ice, allowing it to slide more rapidly toward the ocean.

    Our new research shows “subglacial water” plays a far larger role in Antarctic ice loss than previously thought. If it’s not properly accounted for, future sea-level rise may be vastly underestimated.

    Including the effects of evolving subglacial water in ice sheet models can triple the amount of ice flowing to the ocean. This adds more than two metres to global sea levels by 2300, with potentially enormous consequences for coastal communities worldwide.

    How hidden lakes threaten Antarctic Ice Sheet stability. (European Space Agency)

    Understanding the role of subglacial water

    Subglacial water forms when the base of the ice sheet melts. This occurs either due to friction from the movement of the ice, or geothermal heat from the bedrock below.

    The presence of subglacial water enables ice to slide over the bedrock more easily. It can also cause further melting under ice shelves, leading to even faster ice loss.

    So it’s crucial to understand how much subglacial water is generated and where it goes, as well as its effect on ice flow and further melting.

    But subglacial water is largely invisible. Being hidden underneath an ice sheet more than two kilometres deep makes it incredibly difficult to observe.

    Scientists can drill boreholes through hundreds to thousands of metres of ice to get to it. But that’s an expensive and logistically challenging process.

    Alternatively, they can use ice-penetrating radar to “see” through the ice. Another technique called laser altimetry examines changes in the height of the ice at the surface. Bulges might appear when lakes under the ice sheet fill, or disappear when they empty.

    More than 140 active subglacial lakes have been identified beneath Antarctica over the past two decades. These discoveries provide valuable insights. But vast regions — especially in East Antarctica — remain unexplored. Little is known about the connections between these lakes.

    Hot water drilling at Shackleton Ice Shelf, East Antarctica.
    Duanne White, University of Canberra/Australian Antarctic Division

    What we did and what we found

    We used computer simulations to predict the influence of subglacial water on ice sheet behaviour.

    We used two computer models:

    Then we explored how different assumptions about subglacial water pressure affect ice sheet dynamics. Specifically, we compared scenarios where water pressure was allowed to change over time against scenarios where it remained constant.

    When the effects of changing subglacial water pressure were included in the model, the amount of ice flowing into the ocean under future climate nearly tripled.

    These findings suggest many existing sea-level rise projections may be too low, because they do not fully account for the dynamic influence of subglacial water.

    Our research highlights the urgent need to incorporate subglacial water dynamics into these models. Otherwise we risk significantly underestimating the rate and magnitude of future sea-level rise.

    We simulated subglacial water pressure across Antarctica, revealing vulnerable regions potentially influenced by subglacial water, and mapped both active (blue) and stable (yellow) subglacial lakes and subglacial water channels (black lines).
    Zhao, C., et al, 2025. Nature Communications.

    In the video below, the moving dark lines show where grounded ice begins to float. The left panel is a scenario where subglacial water is not included in the ice sheet model and the right panel is a scenario that includes the effects of evolving subglacial water.

    Simulated Antarctic ice velocity over 1995–2300, using the Elmer/Ice model of ice sheets.

    A looming threat

    Failing to account for subglacial water means global sea-level rise projections are underestimated by up to two metres by 2300.

    A two-metre rise would put many coastal cities in extreme danger and potentially displace millions of people. The economic damage could reach trillions of dollars, damaging vital infrastructure and reshaping coastlines worldwide.

    It also means the timing of future tipping points are underestimated too. This is the point at which the ice sheet mass loss becomes much more rapid and likely irreversible. In our study, most regions cross this threshold much earlier, some as soon as 2050. This is deeply concerning.

    The way forward

    Understanding Antarctica’s hidden water system is challenging. The potential for rapid, catastrophic and irreversible ice loss remains.

    More observations are needed to improve our models, particularly from remote regions such as East Antarctica. Continuing to gather information from boreholes, ice-penetrating radar and satellites will help us better understand how the underside of the ice sheet behaves. These techniques can then be combined with computer simulations to enable more accurate projections of future ice loss and sea-level rise.

    Our new research shows integrating subglacial water dynamics into ice sheet models is a top priority. Understanding this hidden threat is crucial as the world grapples with the consequences of global warming especially rising seas.

    Chen Zhao is the recipient of an Australian Research Council Discovery Early Career Researcher Award. Dr Zhao is affiliated with Australian Antarctic Program Partnership (AAPP), at the Institute of Marine and Antarctic Studies (IMAS), University of Tasmania, supported under the Antarctic Science Collaboration Initiative program.

    Ben Galton-Fenzi is also affiliated with Australian Antarctic Program Partnership (AAPP), at the Institute of Marine and Antarctic Studies (IMAS), supported under the Antarctic Science Collaboration Initiative program, and the Australian Centre for Excellence in Antarctic Science, supported under the Australian Research Council Special Research Initiative, both based at the University of Tasmania.

    – ref. Antarctica’s hidden threat: meltwater under the ice sheet amplifies sea-level rise – https://theconversation.com/antarcticas-hidden-threat-meltwater-under-the-ice-sheet-amplifies-sea-level-rise-250780

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Australia: How to explore Belconnen with your dog

    Source: Northern Territory Police and Fire Services

    Belconnen locals love exploring the bushland in their neighbourhood.

    How dog friendly your community is can have a large impact on how connected you feel to where you live.

    Luckily for residents of Belconnen, there are plenty of on-leash and off-leash areas that are perfect for families with dogs.

    Here are some of our favourites:

    Dog park

    Belconnen Dog Park – Diddams Close, Lake Ginninderra

    This dog park is located on the shores of Lake Ginninderra.

    It’s a fenced dog park with separate areas for large and small dogs.

    There are both grassy and dirt areas, providing plenty of interesting terrain for your pooch.

    There are also shady areas as well as benches. You can take a seat while you watch your dog play with their friends.

    Once your dog has had enough of the park, there’s a nearby dog beach as well as a nearby on-leash walking track.

    Off-leash areas

    There are over 30 areas that are dog off-leash in the Belconnen region.

    Mount Rogers Reserve

    This stunning spot of bushland in Fraser has a lot to offer.

    If you and your dog are active, you’ll love the range of walking tracks. They connect from Evatt, Melba and Spence. The tracks cater to different ability and fitness levels, with varying lengths and degrees of incline.

    The reserve offers breathtaking views of the Belconnen region. There are seated and shaded areas, so you can take a break and soak it all in.

    Melba Oval

    Ovals aren’t just places for people to play sport and work on their fitness, they can be great for dogs too.

    While your dog is free to roam and play on the oval while it’s not in use, if it’s booked for formal sport (including training sessions), you’ll need to return another time.

    Check when the sportsground is booked for use.

    On-leash areas

    Umbagong District Park

    The new Umbagong bridge walk over the native grasslands is a pleasure for everyone in the family, canines included.

    There are various walking tracks including:

    • the Heritage Trail
    • the Creek and Catchment Trail
    • Nature Trail.

    There’s also a playground for growing families. However, remember that when in use, all playgrounds, sportsgrounds, picnic areas and barbecue areas become dog prohibited areas. When they’re not in use, you can enter these areas as long as your dog is on their leash.

    Lake Ginninderra

    Lake Ginninderra is the perfect spot for a scenic stroll, and outside of the dog park, it is a dog on-leash area, as are all lakes in Canberra (unless otherwise signposted).

    Other on-leash areas include all streets, verges, footpaths and cycle paths. You’ll also need to keep your dog on their leash if you’re within 10 metres either side of the path.

    No matter where in Belconnen your adventures take you, you need to pick up after your dog. Failing to pick up your dog droppings is an offence that carries of a fine of $150. Failing to carry the correct equipment to collect your dog droppings carries a $75 fine. For easy poop collection, why not treat yourself to a Puppoon? The clever invention attaches to your lead and is air-tight to reduce odour. It’s also invented by a Canberran.

    Read more about the Puppoon.

    Learn more about local spots to take your dog or view on-leash, off-leash, conditional off-leash and dog prohibited areas on ACTmapi’s dog exercise area map.

    MIL OSI News –

  • MIL-OSI Australia: Canberra in focus on Gardening Australia

    Source: Northern Territory Police and Fire Services

    Volunteer Carol can spot a caterpillar at ten paces, even if it is hidden under the husk of a corn cob.

    The popular Gardening Australia program will have a distinctly Canberra flavour on Friday 17 May.

    ABC TV’s gardening flagship will air a story featuring two ACT schools, several students and much-loved volunteer Carol Quashie-Williams, scientist in residence at both Farrer Primary and Namadgi School.

    As a CSIRO STEM Professional in Schools, Carol has enriched the lives of thousands of young people during two decades of volunteering.

    She teaches life skills in gardening, nutrition, cooking and teamwork, with lessons in biology, chemistry, earth and environmental science, physics, maths, literacy and art sprouting here and there.

    An agricultural and environmental scientist and entomologist, Carol can spot a caterpillar at ten paces, even if it is hidden under the husk of a corn cob.

    Namadgi School Principal Gareth Richards says Carol’s way of engaging the kids means her presence is felt whether she is on site or not.

    “Even when she’s not at school, the kids are still carrying on with activities she’s taught them,” he said.

    “We’ll see them walking around the garden with magnifying glasses in hand, inspecting bugs they find along the way. She has a lasting impact on our students’ lives.”

    Another legacy of Carol’s involvement is professional growth and development.

    “She builds the capacity of our staff. Working shoulder to shoulder with Carol they have picked up expertise they’ve been able to go on to share with our students,” Gareth said.

    Named Volunteer of the Year at the 2019 ACT Public Education Awards, Carol started volunteering when her own children were at school and found it so rewarding she continued after they had left.

    With a day job in the Department of Agriculture, Fisheries and Forestry, she says her involvement in the schools program enables her to maintain her pest surveillance and diagnostic and science communication skills.

    “I enjoy inspiring the next generation of scientists and gardeners and love the enthusiasm of the students when working outside and in the environment centres,” she said.

    ‘My Garden Path – Carol STEM’ airs on Gardening Australia this Friday 17 May at 7:30pm (repeated Sunday 1:30pm, or catch up via iView or the Gardening Australia website).

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    MIL OSI News –

  • MIL-OSI Australia: Services announced for new South Tuggeranong Health Centre

    Source: Northern Territory Police and Fire Services

    The health centre will be located near Lanyon Marketplace in Conder.

    The new South Tuggeranong Health Centre will provide residents with access to a range of free public health services.

    These will include paediatrics, pathology, dementia care and chronic disease programs.

    The centre’s clinical services and design have been guided by feedback from clinicians, consumers and the local community through consultation carried out in late 2023.

    The feedback revealed residents wanted easier access to preventative health services and treatment for chronic disease.

    The new centre will offer a range of community-based services that reflect the changing health needs of the Tuggeranong community.

    The services available at the new health centre will include:

    • paediatrics
    • pathology collection
    • diabetes clinics
    • falls and falls injury prevention
    • dementia care
    • chronic disease programs
    • community nursing
    • a virtual care interview room.

    The South Tuggeranong Health Centre, located in Conder, is one of five new health centres being delivered across the ACT.

    Other centres will be located in the Inner South, North Gungahlin and West Belconnen.

    The health centre in Molonglo opened in 2022 to provide women’s and family health care to the region.

    The centres will provide integrated multi-disciplinary care with a focus on preventive care and advice, early intervention and the management of chronic illness.

    They will complement Canberra’s existing network of nurse-led Walk-in Centres and community health centres.

    The ACT Government will continue to invest in health services and infrastructure across the ACT to provide Canberrans with access to the right health care, at the right time and in the right place.

    This includes more investment in our health workforce, including recruiting and upskilling our teams and committing to nurse and midwife-to-patient ratios.

    The government will soon consult with Inner South and North Gungahlin residents about the services and design of the new health centres coming to those areas.

    A development application for the South Tuggeranong Health Centre will be submitted and a head contractor engaged for construction in the coming months.

    Construction is expected to begin in the second half of 2024 and be completed by the end of 2025.

    Find more information on builtforcbr.act.gov.au

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    MIL OSI News –

  • MIL-OSI Australia: New podcast series tells Raiders’ story

    Source: Northern Territory Police and Fire Services

    The Raiders have countless loyal fans of all ages.

    Canberra Raiders fans are in for a treat with a new series of themed podcasts now available.

    Supported by funding from an ACT Heritage Grant, the Bleeding Green Interviews share the Raiders’ unique story as part of the Territory’s DNA.

    The Raiders have produced a podcast series of oral histories recorded by club historian David Headon.

    From players to CEOs, those interviewed offer remarkable insight into both their own histories and the club’s.

    There’s coach and legend Ricky Stuart, Hall of Fame Immortal Mal Meninga and Patron John McIntyre, to name a few.

    The series been created in a partnership between the Raiders and the ACT Heritage Library.

    “The Canberra Raiders plays a fundamental role in our unique ACT identity. The ACT Heritage Library is both honoured and delighted to partner with the Raiders to preserve and provide ongoing access to these oral histories with key people in the foundation and development of the Club,” Antoinette Buchanan of the ACT Heritage Library said.

    “They are a rich resource as documents of our sporting, social and regional history.”

    The club has generated loyal fans of all ages since its inception in 1982.

    The Raiders were the first non-Sydney team to enter the New South Wales Rugby Football League, later the NRL.

    The club proudly supports and develops rugby league at all levels and age groups – from grassroots to elite teams.

    Six of the interviews are now available through the Raiders website and Spotify.

    Those tuning in via the website can also watch the interviews.

    The remaining four episodes will be released throughout the current season and all will be available through the Libraries ACT online catalogue.

    Episodes available now:

    • Episode 1: Glenn Lazarus
    • Episode 2: Marian Furner and Don Furner (Junior)
    • Episode 3: John McIntyre
    • Episode 4: Alan Tongue
    • Episode 5: Mal Meninga
    • Episode 6: Ricky Stuart.

    “The Bleeding Green Interviews project is the perfect follow-up to my Absolutely Bleeding Green history of the Raiders that was published several years ago,” David said.

    “We learn so much from those interviewed – fascinating details of the club’s unique history, at once exciting, personal, often humorous and always engaging. Go online and treat yourself!”

    Each episode is introduced by recently retired Raiders great Jarrod Croker.

    The project was supported with funding made available by the ACT Government under the ACT Heritage Grants Program.

    Find the interviews on the Raiders website or Spotify.

    Mal Meninga presents the premiership trophy to the crowds in Civic Square in 1989. ACT Heritage Library collection.

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    MIL OSI News –

  • MIL-OSI China: Asian stocks tumble amid US tariff concerns

    Source: China State Council Information Office

    Stock markets across the Asia-Pacific traded sharply lower on Monday as financial turmoil sparked by the US “reciprocal tariffs” escalated recession fears worldwide.

    Hong Kong’s Hang Seng Index dropped 2,445.19 points, or 10.7 percent, to end at 20,404.62 points in Monday’s morning session. The retreat widened from 9.28 percent at opening.

    This came on top of losses in Japan, where the benchmark Nikkei stock index shed 2,843.48 points, or 8.42 percent, in the first 15 minutes of trading, the lowest intraday level since October 2023.

    “Japanese stocks are unlikely to stop declining unless US stocks cease falling further,” said Yutaka Miura, senior technical analyst at Mizuho Securities Co.

    The circuit breaker was triggered for Nikkei stock futures, temporarily halting trading due to the sharp fall.

    South Korea’s benchmark Korea Composite Stock Price Index (KOSPI) lost 103.57 points, or 4.2 percent, to 2,361.85 as of 11:20 am.

    Due to the sharp decline, the bourse operator placed a sidecar order at 9:12 am, pausing program buying for five minutes, after the KOSPI 200 index fell more than 5 percent for over one minute.

    It was the first sidecar order for program buying since August 2024, according to local reports.

    The KOSPI plummeted as investors sold off stocks in response to increasing concerns about a recession after the US government revealed “reciprocal tariffs” last week, said analysts here.

    Stocks in Singapore dipped over 7 percent at the start of Monday due to concerns about a global trade conflict following several countries mulling to respond to US tariffs.

    The Straits Times Index plunged 7.37 percent, or 281.84 points, to 3,544.02 as Asian markets fell sharply.

    Meanwhile, Indian shares declined at the beginning of trading on Monday, with the key Nifty index dropping over 3 percent.

    The Nifty 50, representing the biggest Indian firms on the national stock exchange, was down 3.55 percent.

    The Nifty IT, comprising India’s leading information technology firms, which consider the United States their largest market, was down 5.53 percent.

    Local media house The Times of India called Monday’s loss a “bloodbath”.

    Australian blue-chip shares dived 6 percent when trading commenced on Monday, due to financial chaos triggered by the US tariffs in global markets.

    A benchmark index of the nation’s top 200 publicly traded firms dropped over 6 percent after the market opened, as the repercussions of the US tariffs continued to unsettle investors.

    The Australian government was “preparing for further uncertain times”, according to Prime Minister Anthony Albanese on Monday. “You can’t change global events. What you can do is prepare for them,” he told reporters.

    On Wednesday, US President Donald Trump declared a 10 percent baseline tariff on imports from all trading partners and imposed higher rates on specific ones, with the decision provoking sharp criticism from economists, trade experts and foreign governments who view it as a misguided effort to utilize tariffs as a crude tool to tackle intricate trade disparities.

    MIL OSI China News –

  • MIL-OSI Australia: Trauma-informed training to support young Canberrans

    Source: Northern Territory Police and Fire Services



    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 04/04/2025

    The ACT Government is delivering on its election commitment to support children and young people needing trauma-informed care and support.

    Trauma affects many children and young people in the ACT, and health practitioners across our health sector are often the first in a position to help and offer support.

    Almost 50 staff across the ACT Government and the health sector have this week undertaken training as part of the latest cohort for a 16-week program delivered by training provider Emerging Minds.

    The training, delivered as part of the Youth At Risk Project, supports staff working with young people to understand how to identify and respond to young people who have experienced trauma, and work collaboratively across services to ensure a coordinated approach to care.

    Minister for Mental Health Rachel Stephen-Smith said the ACT Government is committed to upskilling health workers to provide mental health support and understand the impact of trauma on people’s lives.

    ‘The ACT Government is continuing to build on our commitments to supporting children and young people who need specialised trauma support and care,” Minister Stephen-Smith said.

    ‘The Trauma-Informed Practice Training Program will build a resilient and responsive health sector capable of addressing the complex needs of children and young people who have experienced trauma.

    ‘By investing in this training, we are empowering our health workforce with the knowledge and confidence to provide the compassionate care children and young people deserve.’

    The ACT Government has invested $200,000 into the Trauma-Informed Practice Training Program as part of its commitment to supporting children and young people.

    An evaluation report into the effectiveness of the training from the program’s first cohort, which ran from August to October 2024, showed positive results, with participants reporting improvements in their ability to apply trauma-informed approaches in their work with children, young people, and families.

    The Youth at Risk Project is jointly funded by the Australian and ACT Governments to improve the ACT sector response to young people presenting with complex needs and trauma.

    – Statement ends –

    Rachel Stephen-Smith, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News –

  • MIL-OSI Australia: Access Canberra public holiday hours – Easter long weekend and Anzac Day

    Source: Northern Territory Police and Fire Services



    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 07/04/2025

    Access Canberra will offer reduced services over the Easter long weekend and Anzac Day public holiday.

    Service Centres and Specialised Centres will be closed on:

    • Good Friday – Friday 18 April
    • Easter Monday – Monday 21 April
    • Anzac Day – Friday 25 April

    On public holidays, the Access Canberra Contact Centre (13 22 81) will be open from 9am to 5pm. Limited services will be available on Good Friday.

    Outside these times the Access Canberra Contact Centre will be still open to report urgent public safety issues like fallen trees and faulty traffic lights 24/7.

    Access Canberra Executive Branch Manager Emily Springett said most Access Canberra transactions can be completed online – 24 hours a day, every day of the year.

    “There are only a few transactions that have to be completed at a Service Centre, including applying for a new driver’s licence, establishing proof of identity and collecting new number plates,” Ms Springett said.

    As Canberrans prepare for holidays, they are reminded to ensure their life admin is up to date, including renewing their car and caravan registration.

    “Service Centres will be very busy in the lead up to the public holidays, so please make sure you plan ahead and don’t leave your visit too late,” Ms Springett said.

    To avoid the queues, you can visit the Access Canberra website to book an appointment at any Service Centre or check the current wait times before you visit.

    “As we enter one of our busiest periods of the year, we ask the Canberra community for patience and kindness as our teams work to assist you,” Ms Springett said.

    For more information on opening hours, visit the Access Canberra website.

    – Statement ends –

    Access Canberra | Media Releases

    «ACT Government Media Releases | «Directorate Media Releases

    MIL OSI News –

  • MIL-OSI: Himax Technologies, Inc. Schedules First Quarter 2025 Financial Results Conference Call on Thursday, May 8, 2025, at 8:00 AM EDT

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan, April 07, 2025 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, May 8, 2025, at 8:00 a.m. US Eastern Daylight Time and 8:00 p.m. Taiwan Time to discuss the Company’s first quarter 2025 financial results.

    HIMAX TECHNOLOGIES, INC. FIRST QUARTER 2025 EARNINGS CONFERENCE CALL

    DATE:     Thursday, May 8, 2025
    TIME:     U.S.         8:00 a.m. EDT
          Taiwan    8:00 p.m.

    Toll Free Dial-in Number (Audio Only):                                              

    Hong Kong 2112-1444
    Taiwan 0080-119-6666
    Australia 1-800-015-763
    Canada 1-877-252-8508
    China (1) 4008-423-888
    China (2) 4006-786-286
    Singapore 800-492-2072
    UK 0800-068-8186
    United States (1) 1-800-811-0860
    United States (2) 1-866-212-5567

    Dial-in Number (Audio Only):  

    Taiwan Domestic Access 02-3396-1191
    International Access +886-2-3396-1191
    Participant PIN Code:   3300508 #

      

    If you choose to attend the call by dialing in via phone, please enter the Participant PIN Code 3300508 # after the call is connected. A replay of the webcast will be available beginning two hours after the call on www.himax.com.tw. This webcast can be accessed by clicking on this link or visiting Himax’s website, where it will remain available until May 8, 2026. 

    About Himax Technologies, Inc.

    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEyeTM Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,603 patents granted and 389 patents pending approval worldwide as of March 31, 2025.

    http://www.himax.com.tw

    Forward Looking Statements

    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2024 filed with the SEC, as may be amended.

    Company Contacts:

    Eric Li, Chief IR/PR Officer
    Himax Technologies, Inc.
    Tel: +886-6-505-0880
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Karen Tiao, Investor Relations
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email:  HIMX@mzgroup.us
    www.mzgroup.us

    The MIL Network –

  • MIL-Evening Report: Do I need another COVID booster? Which one should I choose? Can I get it with my flu shot?

    Source: The Conversation (Au and NZ) – By Paul Griffin, Professor, Infectious Diseases and Microbiology, The University of Queensland

    Tijana Simic/Shutterstock

    Australians are being urged to roll up their sleeves for a flu vaccine amid rising cases of influenza.

    It’s an opportune time to think about other vaccines too, particularly because some vaccines can be given at the same time as the flu vaccine.

    One is the COVID vaccine.

    Should you get another COVID shot?

    More than five years since COVID was declared a pandemic, we hear much less about this virus. But it’s still around.

    In 2024 there were 4,953 deaths involving COVID. This is nearly 20% lower than in 2023, but still nearly five times that of influenza (1,002).

    Vaccines, which do a very good job at reducing the chances of severe COVID, remain an important tool in our ongoing battle against the virus.

    Case numbers don’t tell us as much about COVID anymore as fewer people are testing. But based on other ways we monitor the virus, such as cases in ICU and active outbreaks in residential aged care homes, there have essentially been two peaks a year over recent years – one over summer and one over winter.

    This doesn’t mean we can predict exactly when another wave will happen, but it’s inevitable and may well be within the next few months. So it’s worth considering another COVID vaccine if you’re eligible.

    Who can get one, and when?

    There are several risk factors for more severe COVID, but some of the most important include being older or immunocompromised. For this reason, people aged 75 and older are recommended to receive a COVID booster every six months.

    In the slightly younger 65 to 74 age bracket, or adults aged 18 to 64 who are immunocompromised, booster doses are recommended every 12 months, but people are eligible every six months.

    Healthy adults under 65 are eligible for a booster dose every 12 months.

    Healthy children aren’t recommended to receive boosters but those who are severely immunocompromised may be eligible.

    What COVID shots are currently available?

    We’ve seen multiple types of COVID vaccines since they first became available about four years ago. Over time, different vaccines have targeted different variants as the virus has evolved.

    While some vaccine providers may still offer other options, such as the older booster that targeted the Omicron variant XBB.1.5, the recent JN.1 booster is the most up-to-date and best option.

    This is a relatively recently updated version to improve protection against some of the newer strains of COVID that are circulating. The new booster only became available in Australia in late 2024.

    This booster, as the name suggests, targets a subvariant called JN.1. Although JN.1 has not been the dominant subvariant in Australia for some time, this shot is still expected to provide good protection against circulating subvariants, including new subvariants such as LP.8.1, which is descended from JN.1.

    While it’s great we have an updated booster available, unfortunately uptake remains poor. Only 17.3% of people 75 and over had received a COVID vaccine in the six months to March.

    COVID vaccine uptake has been poor recently.
    Steve Heap/Shutterstock

    Getting a flu and COVID shot together

    Data from more than 17,000 people who completed a survey after receiving the JN.1 booster shows that while 27% reported at least one adverse event following vaccination, the majority of these were mild, such as local pain or redness or fatigue.

    Only 4% of people reported an impact on their routine activities following vaccination, such as missing school or work.

    If you choose to get the flu vaccine and the COVID vaccine at the same time, they’ll usually be given in different arms. There shouldn’t be a significant increase in side effects. What’s more, getting both shots at the same time doesn’t reduce your immune response against either vaccine.

    Now is the ideal time to get your flu vaccine. If you’re eligible for a COVID booster as well, getting both vaccines at the same time is safe and can be very convenient.

    We’re conducting trials in Australia, as are scientists elsewhere, of combined vaccines. One day these could allow vaccination against COVID and flu in a single shot – but these are still a way off.

    If you’re not sure about your eligibility or have any questions about either vaccine, discuss this with your GP, specialist of pharmacist. Australian state and federal government websites also provide reliable information.

    Paul Griffin has been the principal investigator on many vaccine clinical trials and received speaker honoraria and been a member of medical advisory boards for vaccine manufacturers. He is also a scientific advisory board member and director of the immunisation coalition.

    – ref. Do I need another COVID booster? Which one should I choose? Can I get it with my flu shot? – https://theconversation.com/do-i-need-another-covid-booster-which-one-should-i-choose-can-i-get-it-with-my-flu-shot-252914

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Financial markets are tanking. Here’s why it’s best not to panic

    Source: The Conversation (Au and NZ) – By Luke Hartigan, Lecturer in Economics, University of Sydney

    Financial markets around the world have been slammed by the Trump adminstration’s sweeping tariffs on its trading partners, and China’s swift retaliation.

    Share markets have posted their biggest declines since the COVID pandemic hit in 2020, as fears of US recession surged. Iron ore, copper, oil, gold and the Australian dollar have all tumbled.

    On Wall Street, leading indices have fallen around 10% since the tariffs were announced, while the tech-heavy Nasdaq is down 20% from its recent peak. European and Asian markets have also slumped.

    In Australia, the key S&P/ASX 200 slid another 4.2% on Monday to levels last seen in December 2023, taking its three-day losses since the announcement to more than 7%.

    Why are markets reacting so badly?

    Financial markets reacted so negatively because the tariffs were much larger than expected. They represent the biggest upheaval in global trade in 80 years.

    Many traders were hoping the tariffs would be used mainly as a bargaining tool. But comments by US President Donald Trump that markets may need to “take medicine” seem to suggest otherwise.

    The tariffs are expected to weaken economic growth in the US as consumers pare back spending on more expensive imports, while businesses shelve investment plans. Leading US bank JP Morgan has put the chance of a US recession as high as 60%.

    This comes at a time when the US economy was already looking fragile. The highly regarded GDPNow model developed by the Atlanta Federal Reserve Bank indicates US March quarter GDP will fall 2.8%, and that was before the tariff announcement.

    Worries about global growth

    Fears of a recession in the United States and the potential for a global downturn has led to a broad sell-off in commodity prices, including iron ore, copper and oil. Further, the Australian dollar, which is seen as a barometer for risk, has fallen below 60 US cents in local trading – its lowest level since 2009.

    While the direct impact of tariffs on Australia is expected to be modest (with around 6% of our exports going to US), the indirect impact could be substantial. China, Japan and South Korea together take more than 50% of Australia’s exports, and all have been hit with significantly higher tariffs.

    Treasurer Jim Chalmers said on Monday that the direct impact on the Australian economy would be “manageable”.

    The full effect on Australia will depend on how other countries respond, and whether we can redirect trade to other markets.

    The rapid decline in the Australian dollar will help offset some of the negative effects associated with a global downturn and the fall in commodity prices.

    We can also expect some interest-rate relief. Economists are now predicting three further interest rate cuts by the Reserve Bank, starting in May. This brings economists into line with financial market forecasts.



    Read more:
    US tariffs will upend global trade. This is how Australia can respond

    Hang in there, markets will recover

    Watching equity markets tumble so dramatically can be unsettling for any investor. However, it is important to note that equity markets have experienced many downturns over the past 125 years due to wars, pandemics, financial crises and recessions. But these market impacts have generally been temporary.

    History suggests that over the long term, equity prices continue to rise, supported by growing economies and rising incomes.

    The key thing for investors to remember is to not panic. Now is not the time to decide to switch your superannuation or other investments to cash. This risks missing the next upswing while also crystallising any current losses.

    For example, despite the steep market sell-off in March 2020 as the first COVID lockdowns came into effect, the Australian share market had completely recovered those losses by June 2021.

    It is good practice for investors to regularly reassess their risk profile to make sure it is right for their current stage of life. This means reducing the allocation to riskier assets as investors get closer to retirement age, while also maintaining a cash buffer to avoid having to sell assets during more turbulent periods such as now.

    Super funds are exposed to global risks

    The current sell-off has highlighted a potential issue facing the superannuation industry.

    So much of our superannuation is now invested in global equity markets, mostly in the US, because Australia’s superannuation savings pool – at more than A$4 trillion – has outgrown the investment opportunities available in Australia.

    Another issue facing the superannuation industry is the growth of cyber attacks, with several funds targeted in a recent attack. Given the massive size of the assets held by some funds, it would seem they need to improve their security to be on par with that of the banking system.

    Luke Hartigan receives funding from the Australian Research Council.

    – ref. Financial markets are tanking. Here’s why it’s best not to panic – https://theconversation.com/financial-markets-are-tanking-heres-why-its-best-not-to-panic-253929

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Australia: Gardening tips from Canberra’s greenest thumb

    Source: Northern Territory Police and Fire Services

    Andrew Forster was head gardener at Floriade for over 20 years.

    As a garden city, Canberra has its fair share of green thumbs. If anyone has a claim to being Canberra’s best gardener, it’s Andrew Forster.

    As the head gardener at Floriade for over 20 years, and now Northside Operations manager for City Services, Andrew knows a thing or two about gardening.

    Here, Andrew shares his best tips for Canberra gardeners over autumn and winter.

    Plan and prepare

    Andrew says that the cooler months are the ideal time to plan your garden.

    “Get yourself an A3 piece of paper and do a mud map of your yard, adding in north, south, east and west,” he said.

    Think about what you’d like to grow and consider where in the garden it would be best to plant.

    “Veggie gardens need a good sunny location,” he said.

    “Autumn is a good time to have a look around our streets at the deciduous trees.”

    Assessing what is growing well in your neighbourhood will give you an idea of what will thrive in your yard.

    “Winter is a good time of the year to tidy up the garden and prepare garden beds for spring plantings.”

    Look for inspiration

    Beyond your suburb, Andrew says it’s a good idea to check out other gardens. Some of his favourite spots for garden inspiration include:

    • local gardening centres
    • Floriade
    • the Australian National Botanic Gardens
    • open days at CIT Bruce
    • open gardens when they are advertised
    • the National Arboretum Canberra to see the bonsai display and the different forests that are growing.

    Do your research

    Before investing in plants, it pays to do a little research.

    “Your local garden centre is a good spot to go to if you’re a novice or if, like me, you’re a visual person and need to see something in the flesh,” he said.

    He also suggests tuning into the Canberra Saturday Breakfast show on ABC radio from 8:30am.

    “If you haven’t been to the Melbourne International Flower and Garden Show, have a look at the website,” he said.

    “The bulb suppliers are there, there are some ideas for landscaping and lots of other horticultural talks.”

    Consider bulbs

    Andrew says bulbs are his favourite thing to grow in Canberra.

    “You can mostly plant and leave them,” he said.

    “If you haven’t seen miniature cyclamens before and have a deciduous tree, have a look at the different species (such a cyclamen persicum or cyclamen coum) and you can create a fairy garden.

    “Another good tip is mixing small bulbs grape hyacinths with tritelia (star flower) under a tree and letting them naturalise. They can escape into other areas so if you don’t want that, don’t plant them.”

    Rather than simply browsing catalogues and garden centres for bulbs, Andrew suggests considering local garden clubs, buy, swap and sell groups or asking family, friends and neighbours.

    Think about your soil

    According to Andrew, the type of soil that you have will largely depend on where you live in Canberra.

    He suggests testing the pH of your soil to see if it is acid or alkaline. Some plants like acid soils, others like alkaline but most thrive with a pH of around 5.5 to 6.5, he says.

    If you’re looking to take your home garden up a notch, there are a few things Andrew say make all the difference:

    • time in the garden (additional watering or watering systems when required)
    • maintenance, including weeding, pruning, and integrated pest control
    • having a good understanding of planting locations and the types of plants suitable for a cool climate.

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  • MIL-OSI Australia: Dog poop business gets off the ground

    Source: Northern Territory Police and Fire Services

    Rachel Hawes with Milo, a Schnauzer and Angus, a West Highland Terrier

    Rachel Hawes, founder of innovative dog poop waste collection product Pupoon, didn’t think her dog poop problem was the kind of product an Innovation Connect (ICON) grant would fund.

    But in 2022, Rachel received an ICON grant for $25,000 in matched funding from the Canberra Innovation Network (CBRIN).

    “I couldn’t have created the Pupoon without the funding. As a working mother of three, I didn’t have that kind of money to invest in a product to scoop up dog poop,” she said.

    Even though Rachel says she’s never had so much fun talking about dog poop, dog waste in Australia is an issue.

    “Australia is home to more than 6 million dogs, and they all need to poop 1–5 times a day. That’s a whopping 744,000 tonnes of dog poop in Australia every year,” she said.

    “Dog poop is full of bacteria, and studies show that only around 40 per cent of dog walkers pick up their dog poop. That leaves around 300,000 tonnes of poop lying on footpaths, streets, parks and to be washed away into our waterways, beaches, rivers or left to decompose.

    “A lot of people think the answer is to provide more public bins, but bins need to be serviced, and then you have the problem of bins accumulating a lot of dog poop, and becoming awfully smelly.

    “I think the solution is in providing a product that makes it easier for dog owners to collect their dog poop and take it home with them.”

    This innovative solution came to Rachel when she was walking her beloved dogs, Milo, Baxter and Angus, in Isaacs Ridge.

    “I love walking, it’s my thing,” she said. “It’s the only time I get for myself as a busy working mum. But the joy was getting sucked out of it when I would be collecting up to five bags of dog poop each walk.

    “I kept thinking there has to be a better way, this is so gross!” she said. “I had tried multiple products from pet stores and a bunch that I bought online, but nothing really worked.

    “That’s when I had my idea. I saw a cocoon in the forest, and it sort of snowballed from there with the design and the name.

    “I wondered if I could use that design and shape to hold all the poop in a way where doggy waste didn’t get tangled in the lead, it didn’t stink, you could dispense your dog poop bags, and you didn’t have to hold bags of dog poop the entire walk.”

    In the making for the past four years, Rachel has worked with industrial designers from Canberra’s Formswell over the last 18 months to bring Pupoon to market.

    The Pupoon:

    • can hold up to five dog poops
    • is air-tight to reduce odour
    • is light weight and attaches to the lead
    • won’t split and spill if you drop it
    • is made from medical-grade polypropylene to resist odour.

    Pupoon’s first shipment has arrived and is available on Rachel’s website.

    The ICON grants are delivered by CBRIN, which receives funding from the ACT Government to support entrepreneurs, innovators and start-ups, like Rachel.

    A common misconception about the ICON grants and working with CBRIN, is that you need to be in a high-tech industry, like AI, medical services or tech. However, ICON grants have been provided to Canberra business owners who have created innovative products in a range of fields, from puppy waste to vegan oat milk soft serve.

    Check out CBRIN’s latest events, including Female Founders on Tuesday 7 May 2024 and the next First Wednesday Connect on 5 June 2024 and to get a taste of what CBRIN has to offer.

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  • MIL-OSI Australia: Instrumental Music Program welcomes new principal

    Source: Northern Territory Police and Fire Services

    New IMP Principal Joel Copeland with University of Canberra High School Kaleen students Matilda (trumpet), Yohaan (saxaphone), Isabel (trombone), and Sofia (percussion).

    The ACT Instrumental Music Program has long focused on teaching year 5 and 6 students woodwind, brass, and percussion instruments in a group setting.

    Its new principal, however, is also a fan of making music without a physical instrument. Or, at least, without a tangible one.

    “Singing is a beautiful thing and a powerful tool in education,” Joel Copeland said.

    “Everybody has a voice.”

    The respected educator has shown before how powerful singing can be in building community. He founded a hugely successful choir at his last school, Canberra Girls Grammar School (CGGS), which welcomed singers regardless of ability.

    As with the IMP, it was an experiential program that fostered the joy of making music together.

    Joel took on the role of Principal in January and has seen such joy in the faces of IMP students during school visits across Canberra.

    “Within a few lessons in the IMP, our students are making a great sound together,” he said.

    “That’s the beauty of the way the system is set up … group tuition is more time efficient and staff efficient, but it’s also more fun.”

    The Instrumental Music Program operates instrumental music classes in 57 public primary schools and 8 public secondary schools across the ACT.

    There are also performance opportunities via Step into the Limelight, the ACT’s creative and performing arts showcase event for public schools.

    Once fully settled into the new role, Joel will consult widely and with experts on the IMP’s strategic direction, considering ways to build on the quality music learning children have experienced through the IMP’s first 50 years.

    His dream is for every child to have access to high-quality music education.

    Joel was motivated to apply for the role when he heard Naida Blackley was retiring as IMP Principal after an incredible 17 years in the role.

    “Naida had always been a bit of a hero of mine,” Joel said.

    “She is exceptional, and I guess I thought she would be here forever … when I learnt she was retiring, that was the catalyst.”

    Part of what attracted him to the role was the opportunity to work with the IMP’s teachers, who he calls “a brilliant team of music educators”.

    But most of all, he is passionate about ensuring children who are keen to learn and be part of something get the most out of their IMP experience.

    “Music can make a significant difference in these students’ lives,” he said.

    The IMP at a glance:

    • Over 2300 ACT public students are in IMP programs
    • 57 primary schools and 8 high schools are in IMP programs
    • there are 12 teaching staff, 1 admin officer, 2 Executive Teachers and 1 Principal
    • the System bands include 3 concert bands, percussion ensemble, string ensemble, primary and senior choir and jazz band
    • non-band programs include ukelele (4) and strings (2)
    • over 3000 instruments
    • over 2600 music scores.

    Find out more about the Instrumental Music Program at imp.act.edu.au

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