Category: Business

  • MIL-OSI United Kingdom: Update on Lay Members on the Security Vetting Appeals Panel

    Source: United Kingdom – Executive Government & Departments

    News story

    Update on Lay Members on the Security Vetting Appeals Panel

    An update on the term of four Lay Members who sit on the Security Vetting Appeals Panel.

    Four Lay Members on the Security Vetting Appeals Panel (SVAP) have had their terms extended until 31st March 2027.

    The Lay Members are Claire Stokes, James Barron, Nicholas Griffin and Sally Berlin, whose terms were due to finish on 31st March 2025. Their terms have been extended for continuity of board expertise.

    The Security Vetting Appeals Panel reviews decisions to refuse or withdraw National Security Vetting and the process involved. You can find out more about what the Panel does here.

    The Panel currently has 15 sitting members: a Chair, a Deputy Chair and 13 Lay Members. 

    There are no statutory limits on the number of terms a Lay Member can serve. However, the Governance Code for Public Appointments sets out that no individual should serve in a single role for more than two terms or ten years.

    Claire Stokes was Risk Management Lead Partner for PricewaterhouseCoopers (PwC) and is currently an Independent Contractor with PwC Global. 

    James Barron is a former senior civil servant and prior to retirement was Chief Executive of the Office of Parliamentary Counsel.

    Nicholas Griffin QC founded the QEB Hollis Whiteman Public Law Group and is the head of Chambers’ Business and Human Rights Group. He is Trustee of Anti-Slavery International; UK Anti-Doping board member and Former Assistant Commissioner for the Boundary Commission for England. 

    Sally Berlin is Director of Casework Operations at the Criminal Cases Review Commission.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Reappointment of Non-Executive Director to the Crown Commercial Service

    Source: United Kingdom – Executive Government & Departments

    News story

    Reappointment of Non-Executive Director to the Crown Commercial Service

    Dr Manuela Gazzard has been reappointed as Non-Executive Director.

    Dr Manuela Gazzard has been reappointed as Non-Executive Director of the Crown Commercial Service following the end of her term on 31st January 2025.

    She has been reappointed for another term of 3 years, starting on 1st February 2025. She will serve as Non-Executive Director until 31st August 2027. 

    The Crown Commercial Service is an Executive Agency and Trading Fund of the Cabinet Office. 

    It is responsible for managing the procurement of common goods and services, increasing  savings for the taxpayer by centralising buying requirements, and leading on procurement policy on behalf of the government.

    You can read more about the Crown Commercial Service here.

    Dr Manuela Gazzard is currently Group Director of Regulatory Services at BSI. She has over 20 years of leadership experience in the global life sciences sector including pharmaceuticals, medical devices, biotech, and other related fields. 

    She has held positions as Managing Director, NovaPrep and Lab Services at Novacyt; Group Commercial Director, Johnson Matthey/Macfarlan Smith; and Director positions at Johnson & Johnson/Janssen and Boehringer Ingelheim.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK aviation flying high with new tech funding for security

    Source: United Kingdom – Government Statements

    Press release

    UK aviation flying high with new tech funding for security

    Funding will strengthen UK’s security standards and ensure passengers can continue to fly with ease of mind.

    • new funding to develop smart airport technology will enable the UK to stay ahead of potential security threats and reduce delays at airports
    • pioneering projects will solve complex aviation security challenges and will support jobs and skills across the country
    • with the aerospace and air transport sector worth £20 billion to the UK economy, investment will bolster economic growth and deliver on the government’s Plan for Change

    Passengers are set to benefit from smoother journeys thanks to funding for smart airport technology, announced today (18 March 2025) by the Department for Transport (DfT).

    Six successful British tech companies will receive a share of £450,000 to develop the smart screening technology of the future, enhancing UK security and reducing delays at airports.

    Based across the country – from Tewkesbury to Cambridge and Nottingham – each of the companies will develop scanning equipment to improve threat detection and reduce the number of false alarms and manual checks, speeding up screening processes and reducing inconvenience to passengers.

    With the sector worth £20 billion to the UK economy, continued investment will ensure the long-term future of aviation, keeping the UK competitive internationally.

    The programme will also build local jobs and skills that will kickstart economic growth across the country and break down barriers to opportunity.

    Alongside grant funding, the programme will provide tailored business support workshops delivered by experts at the Connected Places Catapult in collaboration with the department. These workshops will provide advice and mentoring on issues ranging from technical matters, corporate finance, regulation, trial design, customer needs and more.

    Aviation Minister, Mike Kane, said: 

    Safety is our top priority and this funding will strengthen the UK’s already rigorous security standards, bolster our competitiveness internationally and ensure that passengers can continue to fly with ease of mind.

    As part of our Plan for Change, we are turbocharging investment in the aviation sector and going further and faster with expansion plans to kickstart economic growth and deliver high-skilled jobs across the country.

    Connected Places Catapult is the delivery partner for the programme and has already successfully led a number of schemes for the department, including the Transport Research and Innovation Grants (TRIG) programme, which aims to drive scientific and technological progress across UK transport.

    Erika Lewis, Chief Executive Officer at Connected Places Catapult, said:

    Making transport efficient, inclusive and safe is a key priority for Connected Places Catapult. By supporting innovators with ideas to further strengthen security at airports, not only are we helping to improve the passenger experience, but we are also supporting companies to develop and scale here in the UK.

    Sam Pollock, Iconal Director, said: 

    DfT’s HADeS innovation grant funding is a great example of government working with SMEs such as ourselves to accelerate the development of cutting edge technologies, supporting the UK’s world class aviation security industry.

    Aviation, Europe and technology media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Ambitions are high as UK celebrates a year in Horizon Europe

    Source: United Kingdom – Government Statements

    Press release

    Ambitions are high as UK celebrates a year in Horizon Europe

    Hundreds of researchers, business leaders and academics gather at the Oval in London to mark a year of UK success in Horizon – and plan for much more.

    • Hundreds of researchers, business leaders and academics gather at the Oval in London to mark a year of UK success in Horizon – and plan for much more
    • £80 billion Horizon Europe programme is the world’s largest international research endeavour, and an important part of the UK’s relationship with Europe
    • International research collaboration is a key driver of economic growth, and the government’s Plan for Change

    More than 500 of the UK’s leading researchers, businesspeople and scientists will gather at London’s Oval today (Tuesday 18 March) to celebrate the successes that have already been delivered since the UK associated to the Horizon Europe programme, last year. They’ll also hear advice from industry experts, European diplomats, and leading academics on how to seize the opportunities for funding and collaboration that Horizon offers, with £80 billion up for grabs through the programme.

    Initial signs suggest UK association is trending in the right direction. Recent ERC Synergy Grants saw awards made to 18 UK-hosted projects, the second highest number. Horizon is giving British researchers and innovators access to funding, so they can tackle some of the biggest issues facing society, from breakthroughs in healthcare, to putting AI to work across the economy. All of this stands to unleash growth and create jobs in high-potential new industries, all of which supports the growth goals at the heart of the government’s Plan for Change.

    In 2025, the government is doubling down on its efforts to help the UK’s brightest minds access the opportunities on offer through Horizon, through a new PR blitz, networking events in Italy, Germany and Spain for British businesspeople and researchers, and grants to help cover the businesses cover the cost of attending R&D events across Europe.

    Science Minister Lord Vallance, who will speak at today’s Showcase, said:

    Science is stronger when we work together with others, and as new technologies like AI develop rapidly international collaboration on research is more important than ever before.

    Investing in R&D unlocks the door to more productive businesses, highly skilled and paid jobs, economic growth, and innovations that improve our lives and health. We need to go even further to seize the opportunity our association to Horizon represents and then reap the benefits.

    Besides Lord Vallance’s keynote, attendees at the Showcase will also hear from UKRI’s International Champion Professor Christopher Smith, DSIT’s Chief Scientific Adviser Professor Chris Johnson, and Cyril Robin-Champigneul from the EU’s delegation to the UK. That will be supplemented by sessions with experts from the UKRI on how to build the best bids for Horizon grants, and networking opportunities.

    DSIT Chief Scientific Adviser Professor Chris Johnson said:

    Over the last year we’ve seen some initial green shoots of recovery when it comes to UK participation in Horizon Europe. Events like today are an important chance to build on that positive momentum, and learn from the experience of those who’ve already been successful in building bids for funding.

    In 2025 and beyond, we want more researchers and businesses to seize the benefits of Horizon, to accelerate the discoveries that will boost our economy, and deliver new technologies that will improve all our lives.

    UKRI International Champion Professor Christopher Smith said:

    Today’s gathering at the Oval is a testament to the extraordinary progress we’ve made since associating to the Horizon Europe programme. The collaboration and innovation fostered through Horizon Europe are driving breakthroughs that will shape our future, from healthcare advancements, to climate monitoring, to AI integration across industries.

    As we look ahead, it’s crucial that we continue to leverage these opportunities to work collaboratively with our international partners, advancing research, fostering innovation, and supporting our vibrant research community.

    Businesses up and down the country are already carrying out cutting-edge R&D thanks to Horizon backing, as well as building consortia with partners in countries ranging from Canada to South Korea, and beyond.

    We know from recent history that the UK can be a leader in this area. We have 4 of the top 10 universities in the world, and the second-highest number of Nobel prize winners globally. A quarter of projects in which the UK participated, funded through Horizon Europe’s predecessor, were UK-led. 

    Further information, including practical support on how to apply, is available on the Horizon Hub – found on Innovate UK and UK Research and Innovation websites. UKRI also host regular events that help guide businesses and researchers through the opportunities on offer and the application process. 

    Potential applicants can find Horizon Europe calls (funding opportunities) open to UK-based applicants using the European Commission’s funding and tender opportunities portal. They can apply for Horizon Europe funding through the European Commission’s funding and tenders portal, where the original funding call is found. More information on how to submit applications are available on the European Commission’s website.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 300

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Waste company prosecuted for ignoring audit at Notts site

    Source: United Kingdom – Government Statements

    News story

    Waste company prosecuted for ignoring audit at Notts site

    A Midlands-based waste company and a partner in the business have been prosecuted for failing to comply with a demand for information about materials accepted.

    • Droitwich-based business ordered to pay total of £52,405.05 for failing to provide details of metals processed
    • Partner in firm to pay total of £7,996.05 for his part in running Welbeck Colliery operation
    • Case heard at Worcester Magistrates Court on 14 March 2025

    At Worcester Magistrates Court on Friday 14 March, Tetron Welbeck Limited Liability Partnership pleaded guilty and were fined £44,800 and ordered to pay costs of £5,605.05.

    The Partnership was also ordered to pay the victim surcharge of £2,000. In total the Partnership has to pay £52,405.05.

    Edward Seekings, a designated member of the Partnership, also pleaded guilty and was fined £1,708.

    Seekings, 41, of Bridge Lane Court, Bawtry, Doncaster, was also ordered to pay costs of £5,605.05 and the victim surcharge of £683, coming to a total of £7,996.05.

    The court was told that the Partnership, whose office is at Hadzor Court, Hadzor, Droitwich, Worcestershire, had an environmental permit since 2013 to operate a site at Welbeck Colliery near Mansfield, Nottinghamshire. It was stated that the business changed hands around 2020.

    The Partnership failed to comply with a formal information notice served on it after it failed to provide information requested by the Environment Agency.

    The information was required to allow the Environment Agency to conduct an audit of the site to ensure waste within the correct category was being accepted.

    The deadline in the notice for the receipt of the information was the 15 June 2023. No information was received.

    Seekings sent a work plan on 15 June 2023 but it did not include the required information. He engaged with the Environment Agency but did not provide the information required.

    Further attempts by the Environment Agency to obtain the relevant information failed.

    A spokesperson for the Environment Agency said:

    We welcome this sentence which should act as a deterrent to others considering flouting the law.  

    As a regulator, the Environment Agency will not hesitate to pursue any person failing to provide information requested.

    The Environment Agency served a formal legal notice in this case requiring information to be provided. It is a criminal offence to fail to comply with a notice requiring information.

     >If anyone is suspicious of waste activities they should call our 24/7 hotline on 0800 80 70 60 or Crimestoppers anonymously and in confidence on 0800 555 111.

    The Charge

    Tetron Welbeck LLP (Company Number OC366746) failed without reasonable excuse by 15 June 2023 to furnish to the Environment Agency information required by a Notice in writing dated 15th May 2023.

    This was served on it pursuant to section 71(2) of the Environmental Protection Act 1990, contrary to section 71(3) of the Environmental Protection Act 1990.

    The offence was committed with the consent or connivance of, or was attributable to any neglect on the part of Edward Seekings, contrary to Section 157(1) of the Environmental Protection Act 1990.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Bench art revealed ahead of Front Street celebration event

    Source: City of York

    Art of Protest has installed the first phase of new nature-inspired artwork in Acomb, ahead of the mural reveal and celebration event later this month.

    Each of the 8 wooden benches have been transformed with a unique design to reflect links to nature. Each bench is painted with a leaf design from the local woodland.

    This follows an extensive programme of engagement events and workshops where Art of Protest gathered the views and ideas of the local community and gained an understanding of what people would like to see.

    Alongside the benches, Art of Protest is also working on a new mural which aims to capture the spirit and sense of community in Acomb. This final piece of artwork is set to be unveiled at the celebration event later this month.

    The event will take place on Front Street on Saturday 22 March from 4.00pm, with a chance to see the new mural, meet the artists and join in with some creative spray paint activities. The event will continue from 6.00pm at Rise Bluebird Bakery café, where there will be a DJ set and community art exhibition.

    This art project is part of the wider scheme to improve Front Street and create a more accessible, vibrant, people-friendly space. The council received £570,000 of UK Shared Prosperity Funding to deliver these phase 2 improvements, which include new seating and planters, improved Blue Badge parking, wide and level pedestrian crossings, wayfinding signs and upgraded public toilets.

    Cllr Katie Lomas, Executive Member with responsibility for Finance and Major Projects, said:

    This is an incredibly exciting part of the project and it is great to see even more improvements take shape on Front Street.

    “This scheme is funded through the government’s UK shared prosperity fund and is helping to create a more accessible and attractive space for people to live, work, shop or visit.

    “The newly painted benches are a very welcome addition and do a fantastic job of brightening up the area. The designs for both the artwork and wider phase 2 improvements are based on significant engagement with the local community, so it will be great to be able to celebrate the progress with local people this weekend.

    “I am very much looking forward to seeing the finished mural and would encourage those who live or spend time in Acomb to come along and get involved.”

    Jeff Clark, Creative Director at Art of Protest said:

    It was great to see the evolution of the project, taking the community on the journey and developing local talent through the Street Art Academy and a local artist.

    “The feedback was inspirational and there is so much love and pride in the community.

    “We are celebrating the return of local trees and a wonderful idea of each bench having a local leaf emblem, so visitors to the area can say ‘see you at the oak bench’.

    “Each bench also has a carved out leaf emblem so they are accessible and engaging. The return of the oaks is then incorporated into the mural design.

    “We are so grateful to the local community, the support and great ideas. Please come and celebrate as this is your hard work.”

    Find more information about the Front Street improvement scheme.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The Mayor, his climate budget & the impacts

    Source: Mayor of London

    The London Assembly agreed a motion in December 2018, calling for “the Mayor to declare a Climate Emergency, supported by specific emergency plans with the actions needed to make London carbon neutral by 2030 …”.1

    The following month, the Mayor declared a climate emergency for London and has brought forward the target for London to be net zero from 2050 to 2030.2

    The Greater London Authority (GLA) states that:

    “A climate budget is a governance system that mainstreams climate considerations into decision making via the budget allocation process and highlights a city’s short-term actions to deliver the long-term climate targets (in line with the city’s climate action plan or Net Zero Pathway).”3

    Tomorrow, the London Assembly Budget and Performance Committee will meet to examine the impact of the Mayor’s Climate Budget and Green Finance Fund, and the impact this has had on achieving London’s net zero 2030 target.

    Guests include:

    Panel 1—Climate Budgeting

    • Heidi Sørensen, Head of the Agency for Climate, City of Oslo
    • Professor Carly McLachlan, the Director of The Tyndall Centre for Climate Change Research at Manchester University
    • Mark Johnson, Public sector lead, Association of Chartered Certified Accountants

    Panel 2—Climate Budgeting and Green Finance Fund at the GLA

    • Fay Hammond, Chief Finance Officer, GLA
    • Pete Daw, Head of Climate Change, GLA
    • Megan Life, Assistant Director of Environment and Energy, GLA
    • Sam Longman, Head of Sustainability and Corporate Environment, Transport for London
    • Kenroy Quellennec-Reid, Head of Impact Investment and Analysis, London Treasury, GLA 

    The meeting will take place on Wednesday 19 March from 10am, in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.

    Media and members of the public are invited to attend.

    The meeting can also be viewed LIVE or later via webcast or YouTube.

    Follow us @LondonAssembly.

    MIL OSI United Kingdom

  • MIL-OSI Russia: About three thousand students from Moscow colleges underwent advanced training at Rudnev

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Almost three thousand students from Moscow colleges have undergone in-depth training in in-demand industrial specialties in the innovative educational space “Rudnevo”. At the unique site, students can practice their skills in conditions as close to real ones as possible. This was reported by Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    “Our goal is to train specialists in Moscow colleges who will be able to perform real tasks immediately after completing their studies. To do this, together with our partner employers, we are replacing outdated equipment, updating educational programs and creating new sites for practical training of students. The flagship center “Rudnevo”, opened in October last year, has become an important part of this work. The site conditions are as close as possible to production. Moreover, it is located in an industrial park where operating enterprises are located. During the operation of the center, almost three thousand students have been trained here, and this is only the beginning. Students from several colleges at once can practice practical skills here,” noted Anastasia Rakova.

    The flagship center for practical training of Moscow colleges “Rudnevo” is a high-tech educational and production complex, which is part of the special economic zone “Technopolis Moscow”. On an area of more than nine thousand square meters there are 21 workshops and laboratories equipped with modern equipment.

    Students can develop skills needed for work in such areas as mechanical engineering, electronics, industrial automation, aviation industry and unmanned aircraft systems. The unique educational platform allows for practical classes to be held simultaneously for students from several colleges.

    Putin and Sobyanin opened an innovative practical platform in Rudnev

    The center has all the conditions for studying: each student has their own work place, and a coworking space is equipped for group projects. The territory has a canteen with free hot meals for students on a budget form of education and a cafe where dishes are prepared by students of the capital’s food colleges.

    Practical classes are conducted by 42 masters of industrial training from Moscow colleges and 40 specialists from industrial enterprises. Large companies are participating in the development of training programs, in particular the capital’s machine-building plants Avangard and Skorost, the joint-stock company Kronshtad, the developer and manufacturer of unmanned aerial vehicles and software for their autonomy Gaskar and many other organizations.

    The center also cooperates with the country’s leading engineering universities, including the Moscow State Technological University “Stankin” and the Moscow State Technical University named after N.E. Bauman. This allows students to obtain relevant knowledge and skills that meet the requirements of the modern labor market.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/151445073/

    MIL OSI Russia News

  • MIL-OSI Russia: Representatives of the City Department of Real Estate Inventory and Valuation told students about the specifics of their activities and support for young professionals

    Translartion. Region: Russians Fedetion –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Students at a meeting

    The career guidance meeting of representatives of the State Budgetary Institution “City Department of Real Estate Inventory and Valuation” with students of the Department of Geodesy, Land Management and Cadastre of St. Petersburg State University of Architecture and Civil Engineering became a kind of brief introduction to professional activities.

    An employer with a proven track record

    Deputy Director of the State Budgetary Institution “City Department of Real Estate Inventory and Valuation” Evgeniya Mikhailova emphasized the purpose of her visit – to talk about the wide range of activities, the specifics of the organization, and career opportunities. It was noted that graduates of our university successfully work here, and the organization intends to continue employing them.

    Evgeniya Mikhailova recalled that the St. Petersburg State Unitary Enterprise “City Administration of Real Estate Inventory and Valuation” (GUP “GUION”) has been counting its modern history since November 28, 2005, when the decree of the Government of St. Petersburg “On improving the system of technical accounting and technical inventory of real estate objects in St. Petersburg” was signed. But the traditions of the enterprise have much deeper roots: on May 21, 1927, the Economic Conference of the RSFSR adopted the resolution “On approval of the Regulation on the inventory of property of local Councils”. It predetermined the creation of special technical inventory bureaus (BTI) in the system of municipal bodies of the RSFSR.

    “Over the course of its long history, the company has undergone a series of transformations, successfully passed all stages of transformation taking into account modern realities and today specializes in four areas, providing a range of services necessary for real estate management, legal entities and individuals, government agencies. The main areas of our activity are cadastral works and technical inventory, valuation of movable and immovable property, land management works, design, consulting. In addition, we carry out work within the framework of the “Ruble per meter” program. It was developed by the Property Relations Committee of St. Petersburg jointly with the Committee for State Control, Use and Protection of Historical and Cultural Monuments and is aimed at attracting investors to restore and involve in circulation unused cultural heritage sites in an unsatisfactory condition,” said Evgeniya Mikhailova.

    Land management with its own specifics

    Evgenia Mikhailova and Yuri Nikitin

    Yuri Nikitin, Head of the Data Collection and Processing Department of the Land Management Department – Methodology and Practical Inventory of Land Plots of the State Unitary Enterprise “GUION”, spoke about the specifics of his area.

    “One of the important aspects of our department’s work is determining the functional characteristics of the sites: the type of economic activity, other characteristics, on the basis of which the amount of rent is determined. Our department employs surveyors and cadastral engineers. St. Petersburg is the only city in our country that has its own unique structure for registering with the state cadastral register, which requires extensive preliminary work. And this imposes additional obligations on specialists, including constant monitoring of legislation, knowledge of the necessary software and the specifics of transferring big data. Among our clients are large enterprises and city facilities. Individuals who are poorly versed in changes in legislation and sometimes simply do not understand what kind of specialist they need also contact us. We have the ability to comprehensively resolve their issues,” said Yuri Nikitin.

    Associate Professor of the Department of Geodesy, Land Management and Cadastre of SPbGASU Vyacheslav Sokolov drew students’ attention to the specifics of engineering cadastral works in St. Petersburg.

    “This specificity of the activity must be studied, especially by those who intend to work in St. Petersburg. This is an important question in the profession. That is why last year the examination committee asked it to a student when defending his final qualification work,” Vyacheslav Sokolov emphasized.

    Bonuses for young professionals

    Evgeniya Mikhailova explained in detail the internal regulations of the GUION, the employee incentive system, the possibility of transferring to departments with similar profiles, the conditions for salary increases and career growth, and receiving bonuses. She emphasized the organization’s interest in young specialists.

    “We have developed adaptation periods for young specialists. Over a certain period of time, they are introduced to their positions by experienced employees, and the organization pays them a monthly bonus of five thousand rubles for two years. In addition, they, like all employees, receive quarterly and annual bonuses. We provide specialists with a bachelor’s degree with paid study leave in the master’s program and support their desire to develop professionally,” noted Evgeniya Mikhailova.

    Third-year student Anna Pyatova reported that as a future specialist, she was interested in hearing in detail about the different departments of the State University of the Social Sciences.

    “The organization offers interesting work in our core areas, good prospects for career growth, a solid archive of information for work. In the future, I want to clarify some details of the work and, perhaps, I will take a closer look at it as a future employer,” said Anna Pyatova.

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

    MIL OSI Russia News

  • MIL-OSI Russia: New Master’s program at GUU: the foundation of the future of domestic automobile manufacturing

    Translartion. Region: Russians Fedetion –

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

    The State University of Management announces the launch of a new master’s program “Organizer of production in the automotive industry”. The industrial partner of the program is FSUE “NAMI”.

    The program is implemented in the direction 38.04.02 “Management”. The main goal is to train highly qualified specialists who are able to effectively manage production processes in the automotive industry and adapt to changes in the industry.

    The implementation of the educational program components in terms of engineering is carried out on the basis of the Federal State Unitary Enterprise “NAMI”, as well as the developing infrastructure of the State University of Management: the Center for Management of Engineering Projects, the Center for Intellectual Property and Technology Transfer and other divisions.

    The program is a unique educational product that combines the best experience of the State University of Management in the field of transport and logistics, as well as the competencies and expertise of the Federal State Unitary Enterprise “NAMI” in the field of implementing projects for the transport industry.

    In addition, the industrial partners of the program are leading companies in the automotive and logistics sectors: the Union of Automotive Services, the Association of Russian Automobile Dealers, GLT, Sovtransavto, Orekh JSC and others.

    Who is this program suitable for?

    1. Bachelor’s degree graduates: – Young people who have completed their studies in management, economics, engineering, technology and related fields; – Students interested in deepening their knowledge and skills in the field of production process management in the automotive industry.

    2. Professionals and practitioners: – Automotive industry workers who want to improve their skills and move into management positions; – Engineers, technologists and managers who want to expand their knowledge in the field of production organization and project management.

    3. Entrepreneurs and Business Owners: – People running their own business in the automotive or related industries who want to improve their management skills and optimize production processes.

    4. Government Officials: – Government officials involved in the regulation and development of the automotive industry who require in-depth knowledge of production processes and management in this area.

    5. International students: – Foreign citizens interested in receiving quality education in the field of management and automotive engineering in Russia, with the aim of developing a career both in the Russian and international markets.

    Why choose the “Production Organizer in the Automotive Industry” program at the State University of Management?

    The program was developed with the direct participation of FSUE “NAMI”; The Department of Transport Systems Management provides practical training and employment options; Project work: development of own startups and research in the automotive industry; Practical focus: inclusion of practical classes, internships and projects in real conditions based on FSUE “NAMI” and other enterprises of the automotive industry, which allows students to gain valuable experience and skills; Modern educational facilities: access to the latest technologies and equipment used in the automotive industry, which contributes to a deeper understanding of the processes and methods of production management; Qualified teaching staff: teaching is conducted by experts with experience in the automotive industry and academia, which ensures a high level of education and the relevance of knowledge.

    What will students learn if they choose the “Automotive Production Organizer” program?

    Modern technologies in automobile development; Automobile life cycle; Fundamentals of design in the automotive industry; Business process management in the automotive business; Analysis, management and insurance of risks in automotive business projects; State regulation of the automotive business; Management of competitiveness of the automotive business; Customs support of the automotive sector; Innovative management in the automotive business; Customer service in the automotive business; Economic security of the automotive business.

    Details of the educational program can be found on the official website.

    Let us also recall that the Department of Transport Systems Management of the State University of Management launched a new bachelor’s degree program, “Transport Systems Management,” at the end of February.

    Subscribe to the TG channel “Our GUU” Date of publication: 03/18/2025

    ФГУП «НАМИ»….” data-yashareImage=”https://guu.ru/wp-content/uploads/Организатор-производства-на-транспорте.jpg” data-yashareLink=”https://guu.ru/%d0%bd%d0%be%d0%b2%d0%b0%d1%8f-%d0%bf%d1%80%d0%be%d0%b3%d1%80%d0%b0%d0%bc%d0%bc%d0%b0-%d0%bc%d0%b0%d0%b3%d0%b8%d1%81%d1%82%d1%80%d0%b0%d1%82%d1%83%d1%80%d1%8b-%d0%b3%d1%83%d1%83-%d1%84%d1%83%d0%bd/”>

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

    MIL OSI Russia News

  • MIL-OSI Russia: Double blocking: banks propose freezing money in fight against fraudsters

    Translartion. Region: Russians Fedetion –

    Sours: Mainfin Bank –

    How will the blocking of receipts proposed by banks work?

    It is proposed to freeze money credited to recipients’ accounts in order to protect Russians from the actions of criminals. Banks, who sent a letter to the regulator, put forward a number of conditions for blocking:

    Transfers in the amount of 10 to 50 thousand rubles are proposed to be blocked for 24 hours; transfers in the amount of over 50 thousand rubles will be frozen for two days; banks will be able to introduce automatic restrictions at the request of the sender; for the duration of the investigation, a ban on closing an account and transferring funds will be established.

    “The mechanism for blocking recipients’ accounts is currently imperfect – fraudsters manage to withdraw money in the shortest possible time, and the victim does not even have time to come to their senses and file a complaint about the fraud,” the expert notes.

    The Bank of Russia promised to consider the appeal in the established manner: the proposal is fully consistent with the Civil Code of the Russian Federation, since the law provides for the processing of the transfer within three days – blocking the operation for 48 hours will not violate the specified requirement.

    Will the proposed mechanism help protect Russians from fraudsters?

    Existing security measures are not effective enough – last year, fraudsters managed to steal over 27 billion rubles from citizens’ accounts, of which less than 10% was returned. Blocking transfers not only on the sender’s side, but also on the recipient’s side will help protect Russians. Experts believe that the initiative will increase the chances of returning stolen funds.

    At the same time, bona fide individuals and those citizens who unknowingly became drops may also suffer from blocking. To implement the proposal, it will be necessary to launch an automatic monitoring system that will track suspicious activity on the account, for example, multiple receipts from third parties or large transfers. Discussion of the initiative will continue in the near future – after consideration by the Bank of Russia.

    12:30 03/18/2025

    Source:

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //Mainfin.ru/novosti/dwan-blocker-banques-subject-abstract-de-money-in-burging-mosenniki

    MIL OSI Russia News

  • MIL-OSI Russia: Residents of 95 districts have begun resettlement under the renovation program

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Resettlement under the renovation program affected 95 districts of the capital. Residents of old houses are moving to new modern apartments. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “Resettlement under the renovation program has already affected over 203 thousand residents from more than 1.2 thousand old houses in 95 districts of the capital. In seven of them, Muscovites were offered comfortable housing for the first time last year. The city then sent the corresponding letters to citizens from the Ostankinsky, Altufevsky, Meshchansky, Levoberezhny, Sokolinaya Gora districts, as well as Bekasovo and Voronovo. About five thousand people have started resettling in these districts in a year,” Vladimir Efimov noted.

    Since the renovation program began, the first to move were residents of two buildings in Severnoye Izmailovo. They received offers of equivalent apartments in February 2018. By the end of that year, the renovation program affected 15 districts, and now their number has increased more than sixfold.

    “In the Lyublino district, about 9.9 thousand people from 51 houses have begun resettlement. In Severnoye Izmailovo, almost 7.8 thousand city residents from 41 old buildings received offers of new apartments, in the Mozhaisk district – more than 4.4 thousand people from 31 houses,” said the Minister of the Moscow Government, Head of the Department of City Property

    Maxim Gaman.

    The houses that were resettled under the renovation program are being dismantled. New buildings with accompanying infrastructure are being erected on the vacated sites.

    As of today, in the Lyublino district, residents of 35 old houses have moved into new apartments under the renovation program, clarified the Minister of the Moscow Government, Head of the Department of Urban Development Policy Vladislav OvchinskyAccording to him, 29 houses in Severnoye Izmailovo and Mozhaisk district have been resettled, their residents have already celebrated housewarming in modern residential complexes. Apartments under the renovation program are handed over for occupancy with a ready-made improved finish, which allows residents to move into them immediately, without wasting time on additional repairs.

    Previously Sergei Sobyanin said on the implementation of the renovation program in the Eastern Administrative District.

    The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Earlier, Sergei Sobyanin ordered to increasethe pace of implementation of the renovation program has doubled.

    Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/151354073/

    MIL OSI Russia News

  • MIL-OSI: BiorBank Set to Launch as a Crypto-Focused Banking App

    Source: GlobeNewswire (MIL-OSI)

    BiorBank Out-Competes Wallets & Banks with True Web3 Banking

    BERGEN, Norway, March 18, 2025 (GLOBE NEWSWIRE) — BiorBank, a revolutionary non-custodial Web3 banking platform, has announced the launch of its Ethereum-based token on March 20th and its mobile app on March 24th for iOS and Android after successful beta-testing. The platform is set to disrupt the industry by merging crypto wallet functionality with real-world banking tools—something no other platform has successfully done.

    “For years, users have been stuck choosing between crypto wallets that do too little and banks that control too much,” said CEO & co-founder, Hassen Kadhim, of BiorBank. “We’re launching BiorBank to put real control back into users’ hands while giving them the banking features they actually need.”

    Addressing the Gaps in Crypto Wallets and Banking Apps

    Let’s be real—traditional crypto wallets aren’t built for the future. MetaMask, Phantom, and Trust Wallet? They’re just glorified key storage tools. They let you hold assets, sure—but they don’t help you actually use them. Need a multi-chain experience? Need built-in financial tools? Need a way to actually integrate crypto into daily life? Good luck.

    And banks? Worse. Revolut and other so-called “crypto-friendly” banking apps let you “buy” crypto, but you don’t own it. Try withdrawing large amounts of “your” Bitcoin off their platform. Try swapping tokens freely. You can’t—because it’s not really yours. They hold it. They control it.

    That’s the problem. No single solution gives users full control over their assets while also offering the convenience of real-world banking tools.

    BiorBank: Combining Web3 with Banking Functionality

    BiorBank is what crypto wallets should have been all along.

    • Non-custodial—You control your assets. No third-party risk. No restrictions.
    • Multi-chain—Supports Ethereum, Bitcoin, Solana, Cosmos, and more.
    • Built-in DEX Aggregator—Access to 2000+ liquidity pools with low slippage.
    • Social Logins—Forget seed phrases. Use Google/Twitter to sign in securely.
    • AI-Powered Support—Real-time assistance inside the app.
    • Web3 + Banking Features—Virtual cards, bill payments, and on/off-ramp (coming soon).

    It’s not just a wallet. It’s a Web3 bank.

    Why Now? The Shift Towards Self-Custody

    With increasing concerns over centralized exchange failures and evolving regulations, more users are seeking self-sovereign financial solutions. BiorBank is launching at a time when demand for decentralized asset management is growing.

    • Token launch: March 20th (Ethereum Network)
    • App launch: March 24th (iOS & Android)

    This isn’t just another crypto wallet launch. It’s the start of financial autonomy that actually puts users in control.

    BiorBank vs. Everyone Else

    About BiorBank

    BiorBank is a non-custodial Web3 banking platform designed to provide users with full control over their digital assets while integrating essential financial tools. Built to support multiple blockchain networks, BiorBank aims to make decentralized finance more accessible and practical for everyday use. The platform prioritizes security, user experience, and financial autonomy, bridging the gap between crypto and real-world banking services.

    The future of finance is non-custodial, multi-chain, and user-friendly and BiorBank is leading that charge.

    For media enquiries and partnerships Contact:
    Hassen Kadhim
    contactus@biorbank.com

    Disclaimer: This press release is provided by BiorBank. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a8a15f4e-b80c-47af-a474-645a32b78037

    https://www.globenewswire.com/NewsRoom/AttachmentNg/672067d8-fd63-48a1-8fd1-fe979366da6b

    The MIL Network

  • MIL-OSI: Edmiston Drive Capital Corp. Announces LOI with Canada Nickel Company

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, March 18, 2025 (GLOBE NEWSWIRE) — Edmiston Drive Capital Corp. (“EDCC” or the “Company“) is pleased to announce that it has entered into a letter of intent effective March 17, 2025 (the “LOI“) setting out the terms of a proposed business combination (the “Transaction“) with a wholly-owned subsidiary of Canada Nickel Company (“CNC“).

    Under the terms of the LOI, Canada Nickel will grant net smelter return royalty interests on all of its regional exploration properties in the Timmins District (excluding the Crawford Project and the Dargavel and Kingsmill targets located on the original Project 81 patents) to a wholly-owned subsidiary (“RoyaltyCo“), and RoyaltyCo will amalgamate with a wholly-owned subsidiary of EDCC in exchange for a cash payment to CNC of C$8 million and the issuance of 8.9 million common shares of EDCC to CNC. As conditions precedent to the Transaction, EDCC expects to complete: a) a one for ten consolidation of its share capital and b) a private placement financing with gross proceeds of at least C$9 million as set out further below.

    Bruce Langstaff, the Chairman of EDCC, said: “We are pleased to enter into this transaction with Canada Nickel. We look forward to the advancement of the Timmins Camp as a source of nickel and other critical minerals for Canada and the world. Further, we are excited to accelerate our plans to develop a targeted portfolio of mineral royalty interests that will create long term value for our shareholders.”

    Transaction Structure

    EDCC expects that the Transaction will be structured as a three‐cornered amalgamation pursuant to which RoyaltyCo will amalgamate with a wholly‐owned subsidiary of EDCC and EDCC will acquire all of the issued and outstanding shares of RoyaltyCo from CNC in exchange for the issuance of an aggregate of 8,900,000 common shares of EDCC (each, an “EDCC Share“) to CNC. The Transaction remains subject to the negotiation of definitive documentation, the receipt of all applicable regulatory and third-party approvals and the satisfaction of other closing conditions set forth in the LOI.

    The Transaction will constitute a change of business for the Company, as EDCC was previously a non-resource issuer and upon completion of the Transaction, proposes to focus on mineral royalty acquisitions and other forms of financing for mineral exploration and development. The Transaction is not expected to be subject to the approval of shareholders of EDCC, on the basis that (i) shareholder approval is not required for a three‐cornered amalgamation under applicable corporate law; (ii) the Transaction is not a “related party transaction” and no other circumstances exist which may compromise the independence of the Company or other interested parties with respect to the Transaction; and (iii) the Company is not and will not be subject to a cease trade order and will not otherwise be suspended from trading on completion of the Transaction.

    Concurrent Financing

    As a condition precedent to the closing of the Transaction, EDCC plans to complete a non-brokered private placement (the “Private Placement“) of a combination of common and preferred shares to raise aggregate proceeds of $9 million.

    Following the completion of the Transaction, the net proceeds of the Private Placement are anticipated to be used to fund the payment to CNC contemplated by the LOI and for general corporate purposes.

    Conditions to Completion

    Completion of the Transaction is subject to several conditions. The Transaction cannot close until all required regulatory approvals are obtained. There can be no assurance that EDCC and/or CNC will receive such approvals on acceptable terms, or at all. Other conditions to the completion of the Transaction include, if applicable, disinterested shareholder approval. Where applicable, the Transaction cannot close unless and until the required shareholder approval is obtained. There can be no assurance that the Transaction will receive such approvals as proposed, or at all. Further, there can be no assurance that the proposed private placement financing will be completed on terms that are attractive to EDCC, or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, neither CNC nor EDCC can make any representation or warranty as to the completeness or the accuracy of any information regarding the Transaction. Trading in the securities of EDCC should be considered highly speculative. Neither the Canadian Investment Regulatory Organization or any securities exchange has expressed an opinion on the merits of the proposed Transaction or has approved or disapproved the contents of this news release.

    On behalf of the Board of Directors

    Bruce Langstaff
    Executive Chairman
    info@copland-road.com

    Forward-Looking Statements

    This news release contains statements about the Company’s expectations regarding the proposed Transaction of the Company and the Private Placement which are forward‐looking in nature and, as a result, are subject to certain risks and uncertainties. Although the Company believes that the expectations reflected in these forward‐looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward‐looking statements. Factors that could cause the actual results to differ materially from those in forward‐looking statements include general business, economic, competitive and social uncertainties; and the delay or failure to receive all applicable regulatory and third party approvals, and availability of financing. The forward‐looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward‐looking statements or information, except as required by law.

    The MIL Network

  • MIL-OSI: RentRedi Survey Reveals Tax Preparation Trends Among U.S. Landlords of All Sizes

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — RentRedi, the fastest-growing all-in-one property management software that makes renting easy for both landlords and renters, has released the findings of its Landlords Tax Preparation Trends Survey analyzing tax preparation habits among landlords of different sizes. The data highlights key differences in tax filing methods, expenses, and the reliance on professional services among small, medium, and large landlords.

    One of the most interesting findings is the disparity in bookkeeping methods. At 29%, small landlords (1-4 rental units) are the most likely to use an accountant or CPA to prepare their taxes as compared to the roughly 23% of medium landlords (5-19 rental units) and large landlords (20+ rental units) who hire tax professionals. Large landlords (17%) are the least likely to rely on manual methods such as pen-and-paper or spreadsheets, whereas 1 in 5 small and medium landlords are the most likely to do so.

    “The data highlights a significant opportunity for property management software to bridge the gap in tax preparation,” said RentRedi Co-founder and CEO Ryan Barone. “Our software can help independent landlords reduce the time and effort spent on tax preparation by moving away from pen and paper or spreadsheets to digital solutions that improve accuracy and organization.”

    For example, RentRedi’s accounting feature saves landlords time and money by simplifying the entire process and automatically syncing properties and charges from their RentRedi account. Landlords can link their bank and credit card accounts for seamless transaction imports, ensuring accurate tracking of income and expenses. They can also use matching rules and payment templates to track income and expenses, as well as view vital financial information such as balance sheets, schedule E’s, and profits, losses, or cash flow by property.

    The survey further found that filing methods also vary widely across landlord sizes. A sizable 62% of small landlords file their rental property taxes along with their personal tax returns. Large landlords take the opposite approach, with only 29% filing under personal tax returns, while 66% opt to file under LLCs. Medium-sized landlords, on the other hand, are almost evenly split between filing under personal tax returns (48%) and filing under an LLC (47%).

    When it comes to accounting costs, large landlords tend to invest the most, with 42% spending at least $1,000 on tax services. By contrast, only slightly more than 1 in 10 small landlords reported spending that much, with more than half keeping their tax expenses under $500.

    Nearly two-thirds of landlords begin their tax preparation as soon as the new year begins, and requesting a tax extension is not uncommon among landlords. Nearly one-quarter of large landlords request an extension, compared to 11% of small landlords who also seek extra time to file their taxes.

    When asked what advice they would give to new property investors, a third of landlords emphasized the importance of tracking everything—from income and expenses to maintenance costs and tax deductions. Another 16% recommended gaining a solid understanding of general tax knowledge early on to avoid costly mistakes. These insights underscore a common theme: staying organized and informed from the start can make tax season significantly easier and help landlords maximize their investment returns.

    Survey Methodology

    RentRedi landlords were surveyed between February 19 – March 3, 2025. There were 1,891 respondents in total. Landlords were classified by real estate portfolio size as follows: small landlords (1-4 rental units); medium landlords (5-19 rental units); and large landlords (20+ rental units). Percentages have been rounded to the nearest whole number, and therefore the values in each barchart may not equal 100%. The full survey results can be found here.

    About RentRedi

    RentRedi offers an award-winning, comprehensive property management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. Landlords can quickly grow their rental businesses by using RentRedi’s all-in-one web and mobile app to collect rent, list and market vacancies, find and screen tenants, sign leases, and manage maintenance and accounting. Tenants enjoy the convenience and benefits of RentRedi’s easy-to-use mobile app that allows them to pay rent, set up auto-pay, build credit by reporting rent payments to all three major credit bureaus, prequalify and sign leases, and submit 24/7 maintenance requests.

    Founded in 2016, RentRedi is VC-backed and a proven leader in the PropTech market. The company ranks No. 180 on the Inc. 5000 list and No. 12 on the Inc. 5000 Regionals list. It was also named an Inc. Power Partner in 2023 and 2024, and to Fast Company’s Next Big Things in Tech list in 2024, and to HousingWire’s Tech100 list in 2025. To date, RentRedi has more than $28 billion in assets under management with nearly 200,000 landlords and tenants using the platform. The company partners with technology leaders such as Zillow, TransUnion, Experian, Equifax, Realtor.com, Lessen, Thumbtack, Plaid, and Stripe to create the best customer experience possible. For more information visit RentRedi.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3de86204-0244-446d-9221-b721f1c46138

    The MIL Network

  • MIL-OSI: Helium Evolution Closes First Tranche of Private Placement

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, March 18, 2025 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce the closing of the first tranche of the strategic private placement (the “Strategic Private Placement”), as announced on March 10, 2025.

    Pursuant to the Strategic Private Placement, HEVI issued 7,040,000 units (“Units”) for gross proceeds of $1.2 million. Each Unit will be comprised of one common share of the Company and one half of one common share purchase warrant (each whole warrant, a “Warrant“).  Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.27 for a period of one year from the closing date of March 17, 2025 (the “Closing Date”), with an acceleration feature if the closing price over a 30-day period remains at or above $0.51 per common share at any time following the six-month anniversary of the Closing Date.

    The remainder of the Strategic Private Placement is expected to close on or around March 31, 2025, subject to requisite approvals by the TSX Venture Exchange (“TSXV”).

    Stay Connected to Helium Evolution

    Shareholders and other parties interested in learning more about the Helium Evolution opportunity are encouraged to visit the Company’s website, which includes an updated corporate presentation, and are invited to follow the Company on LinkedIn and X for ongoing corporate updates and helium industry information. Helium Evolution also provides an extensive, commissioned ‘deep-dive’ research report prepared by a third party whose background includes serving as a research analyst for several bank-owned and independent investment dealers.

    About Helium Evolution Incorporated

    Helium Evolution is a Canadian-based helium exploration company holding the largest helium land rights position in North America among publicly-traded companies, focused on developing assets in southern Saskatchewan. The Company has over five million acres of land under permit near proven discoveries of economic helium concentrations which will support scaling the exploration and development efforts across its land base. HEVI’s management and board are executing a differentiated strategy to become a leading supplier of sustainably-produced helium for the growing global helium market.

    For further information, please contact:

    Greg Robb, President & CEO
    Kristi Kunec, CFO
    Phone: 1-587-330-2459
    Email: info@heliumevolution.ca
    Web: https://www.heliumevolution.ca
       

    Statement Regarding Forward-Looking Information

    This news release contains statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forwardlooking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.

    Forward-looking statements in this document include statements regarding, the Company’s expectations regarding completion of the remainder of the Strategic Private Placement including the approval from the TSXV, the Company becoming a leading supplier of sustainably-produced helium, timeline of future updates, the Company’s beliefs regarding growth of the global helium market and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the TSXV may refuse to grant approval of the remainder of the Strategic Private Placement; the transactions described in this news release may not close; there may not be long-term growth; new laws or regulations and/or unforeseen events could adversely affect the Company’s business and results of operations; stock markets have experienced volatility that often has been unrelated to the performance of companies and such volatility may adversely affect the price of the Company’s securities regardless of its operating performance; risks generally associated with the exploration for and production of resources; the uncertainty of estimates and projections relating to expenses and the Company’s working capital position; constraint in the availability of services; commodity price and exchange rate fluctuations; adverse weather or break-up conditions; and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

    When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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

    The MIL Network

  • MIL-OSI: Alectra’s Mike Matthews receives EDA “Chair’s Citation Award” for outstanding leadership and dedication to the electricity industry

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, March 18, 2025 (GLOBE NEWSWIRE) — Mike Matthews, Executive Vice President of Asset Strategy and Operations at Alectra Utilities, has been awarded the esteemed “Chair’s Citation Award” by the Electricity Distributors Association (EDA). This award recognizes Mike’s outstanding leadership, dedication and contributions to Ontario’s electricity sector over his 35-year career.

    Presented in memory of Dr. Robert H. Hay, the “Chair’s Citation Award” acknowledges individuals who have demonstrated exceptional service to the EDA and the electricity industry. Mike was celebrated for his commitment to advancing grid modernization, fostering industry collaboration, and driving innovation.

    “Mike has been influential in shaping the evolution of Ontario’s electricity industry,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “His leadership, technical expertise, and dedication to strengthening our grid have not only benefited Alectra but have also helped drive meaningful progress across the sector. This recognition is well deserved and we congratulate Mike on this outstanding achievement.”

    Throughout his career, Mike has played a key role in major industry milestones, including the creation of Alectra Utilities in 2017 through the merger of five utilities. Over eight years at Alectra, he provided meaningful leadership in capital planning, grid modernization and developing Alectra’s distribution system plan – a cornerstone of the company’s future cost-of-service rate applications.

    Mike has also made significant contributions to the EDA, serving on the Board of Directors and as Chair of the Upper Canada District Executive. His leadership as Chair of the EDIST Organizing Committee from 2015 to 2022 helped shape one of the industry’s most important technical conferences, fostering dialogue on emerging technologies and best practices.

    Beyond his professional accomplishments, Mike has been a dedicated community leader, volunteering for 17 years with the Markham Waxers Minor Hockey Association. His passion for mentorship and community service has positively impacted young athletes and families in the region.

    “I am deeply honoured to receive this award from the EDA,” said Mike Matthews, Executive Vice President of Asset Strategy and Operations, Alectra Utilities. “Throughout my career, I’ve had the privilege of working with incredible colleagues, partners and industry leaders. This recognition reflects the collective efforts of so many dedicated individuals working to advance our industry.”

    Alectra congratulates Mike Matthews for his contributions in shaping the future of the energy sector.

    About Alectra Inc. Family of Companies

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    Twitter: https://twitter.com/alectranews

    Facebook: https://www.facebook.com/alectranews/

    Instagram: https://www.instagram.com/alectranews/?hl=en

    LinkedIn: https://www.linkedin.com/company/16178435/admin/

    Bluesky: https://bsky.app/profile/alectranews.bsky.social

    YouTube: https://www.youtube.com/alectranews

    Media Contact:

    Ashley Trgachef, Media Spokesperson
    ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1.833.MEDIA-LN

    The MIL Network

  • MIL-OSI: Subtext Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — Subtext has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2025. This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy. Alongside the World’s 50 Most Innovative Companies, Fast Company recognizes 609 organizations across 58 sectors and regions.

    “We are honored to be recognized by Fast Company for our innovative approach to connecting media companies with their audiences through text messaging,” said Subtext CEO and Cofounder, Mike Donoghue. “We are witnessing one of the most seismic shifts the media industry has ever seen, taking place in real time. As AI continues to make our communication less human and social algorithms make it more difficult to forge enduring connections, we’re proud to live out our mission of connecting our clients with their audiences in a more direct and human way. It is now a business imperative that media companies build trust and equity in the communities they foster and, in doing so, create experiences that cannot be replicated elsewhere. By empowering our clients to own their audience relationships, Subtext is helping to ensure that trusted, meaningful connections between media companies and their audiences remain strong and resilient, in the face of rapid change.”

    Recent company milestones include a 95% increase in year-on-year revenue and a 240% surge in subscribers. This growth underscores the platform’s effectiveness in helping media companies adapt to changing revenue and engagement strategies. Subtext’s partnerships with major media organizations such as Condé Nast, Washington Post, and Hearst, has enabled them to establish personal connections with readers and reduce subscriber churn by 50-60% on average. Additionally, media organizations see a significant boost in engagement, with a 5x increase in CTR compared to email, highlighting the platform’s ability to not only reach audiences but also drive meaningful interactions. The platform’s innovative features, including its new survey feature which allows users to gain a deeper understanding of their subscribers, have further enhanced its value proposition for media companies seeking to engage their audiences more effectively.

    Subtext’s impact extends beyond the media industry, as it addresses broader societal challenges like improving emergency response and combating misinformation. During natural disasters, Subtext has enabled newsrooms to deliver critical information to those without internet access, demonstrating the platform’s potential to bridge information gaps and support community resilience.

    The World’s Most Innovative Companies stands as Fast Company’s hallmark franchise and one of its most anticipated editorial efforts of the year. To determine honorees, Fast Company’s editors and writers review companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world.

    “Our list of the Most Innovative Companies offers both a comprehensive look at innovation today and a playbook for the future,” said Fast Company editor-in-chief Brendan Vaughan. “This year, we recognize companies that are harnessing AI in deep and meaningful ways, brands that are turning customers into superfans by overdelivering for them, and challengers that are introducing bold ideas and vital competition to their industries. At a time when the world is rapidly shifting, these companies are charting the way forward.”

    The full list of Fast Company’s Most Innovative Companies honorees can now be found at fastcompany.com. It will also be available on newsstands beginning March 25.

    Fast Company will host the Most Innovative Companies Summit and Gala for honorees on June 5. The summit features a day of inspiring content, followed by a creative black-tie gala including networking, a seated dinner, and an honoree presentation.

    About Subtext

    Subtext is an award-winning conversation platform that connects publishers, creators, and brands with their audiences through text messaging. By making direct connections with their audience, Subtext customers can communicate one-on-one or at scale. Subtext customers include Sony Music, The Washington Post, Penguin Random House, USA Today Network, and IRONMAN. For more information, visit joinsubtext.com or request a demo.

    ABOUT FAST COMPANY
    Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit fastcompany.com.

    Media Contact
    Laura Stephenson
    alphagroup@karbocom.com 

    The MIL Network

  • MIL-OSI: Matador Technologies Inc. to List on OTCQB

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 18, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA) is pleased to announce that it has received approval to list its common shares on the OTC Markets under the ticker symbol OTCQB:MTDTF. The Company expects trading to commence on March 18, 2025.

    The OTC listing marks a significant milestone for Matador as it executes its strategic plan to enhance liquidity, broaden its shareholder base, and provide U.S. investors with greater accessibility to its stock. The listing aligns with the Company’s commitment to expanding its presence in global capital markets while reinforcing its position within the digital asset and financial technology sectors.

    As part of this strategic expansion, Matador recognizes the growing interest in publicly traded companies operating within the bitcoin ecosystem, such as Metaplanet and Strategy, both of which hold Bitcoin on their balance sheet and actively trade in the U.S. market. Matador aims to further differentiate itself by leveraging innovative solutions that bridge traditional and digital assets, supporting consumers worldwide.

    “We are excited to list on the OTC Markets, which represents an important step in our long-term growth strategy,” said Deven Soni, CEO of Matador Technologies Inc. “Matador is Canada’s sole public company that has a focus on building technology for the precious metals space, using the Bitcoin network. We are looking forward to expanding our investor base with this OTC listing.”

    Matador Technologies Inc. will continue to trade on the TSX Venture under the ticker symbol MATA, in addition to its new OTC Markets listing.

    For additional information, please contact:

    Media Contact:
    Sunny Ray
    President
    Email: sunny@matador.network

    Phone: 647-932-2668

    About Matador Technologies Inc.
    Matador Technologies Inc. leverages blockchain technology to digitize real-world assets like gold. Focused on building innovative financial solutions, Matador is at the forefront of integrating blockchain technology to preserve and grow value. Matador’s digital gold platform aims to democratize the gold buying experience, combining the best of modern technology and time-proven assets, to create a platform that will allow users to buy, sell, and store gold 24/7 in a convenient and engaging way.     

    Cautionary Statement Regarding Forward-Looking Information

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

    Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network

  • MIL-OSI: HackerRank Transforms Tech Hiring and Upskilling with Latest Product Updates

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., March 18, 2025 (GLOBE NEWSWIRE) — HackerRank, the Developer Skills Company, today shared details from last week’s successful AI Day 2025 event, which included an exclusive look at the company’s latest product innovations plus industry insights from HackerRank CEO Vivek Ravisankar, GitHub CEO Thomas Dohmke and Perplexity CEO Aravind Srinivas.

    AI Day 2025, which attracted over 7,000 attendees, served as a sneak peek for several new groundbreaking features. Starting with the opening keynote from Ravisankar, titled “The Future is Human + AI,” the event explored the trends and changes impacting how developers work and how companies hire and retain developer talent. In this first session, Ravisankar set the stage for the day, introducing the idea of “Service as a Software,” which HackerRank sees as the next wave of innovation. With this new take on the traditional SaaS model, AI-powered services act as autonomous agents able to perform end-to-end tasks.

    From here, the team offered a look at five innovations built directly into the HackerRank platform. These updates include:

    • Proctor mode – Like having a personal proctor for take-home assessments, HackerRank’s Proctor mode guides candidates through the process, enforces compliance and flags integrity violations – ensuring a fair and transparent evaluation. The update also includes session replay and integrity insights for hiring managers and talent teams to help further gain insights.
    • AI interviewer – Designed to conduct first-round interviews, not just evaluate code correctness, HackerRank’s new AI Interviewer closely simulates a real interview experience, giving hints without revealing answers, adapting to the candidate’s skill level and asking follow-up questions to see how candidates think.
    • Engage assistant – To help companies rediscover past candidates and build strong pipelines of qualified talent, HackerRank’s Engage AI Assistant automatically analyzes previous candidate profiles, matches them with current hiring needs and creates targeted marketing campaigns that include an on-brand microsite and developer-friendly email campaign.
    • AI tutor – Designed to help developers improve skills, navigate learning paths and achieve certifications, HackerRank’s AI Tutor provides structured plans, delivers real-world challenges and gives step-by-step guidance without handing out answers.
    • ASTRA benchmark – Built to assess AI models’ ability to perform complex tasks across the software development lifecycle, HackerRank’s ASTRA Benchmark measures correctness, consistency, efficiency, cost and communication. The live leaderboard is available at hackerrank.com/ai/astra.

    Following HackerRank’s product announcements, Ravisankar joined GitHub CEO Thomas Dohmke for a discussion about how continued innovation will augment the role of developers rather than replace them. It was here that Dohmke pointed out, “We will never run out of work because we will never run out of ideas.”

    To close out AI Day 2025, Ravisankar sat down with Perplexity CEO Aravind Srinivas for a fireside chat, which considered what’s next for AI-powered knowledge systems and new concepts shaping the future of tech.

    Reflecting on the day and the products HackerRank previewed to the market, Ravisankar commented, “At HackerRank, we recognize that the future belongs to those who know how to integrate, orchestrate and innovate with AI – and that’s reflected across this release. AI is unlocking new possibilities for developers – and the companies that hire them. It’s time to embrace AI and look toward what’s next.”

    For more information, visit https://www.hackerrank.com/blog/hackerranks-ai-day-2025-product-launch-recap.

    About HackerRank
    HackerRank, the Developer Skills Company, leads the market with over 2,500 customers and a community of over 26 million developers. Having pioneered this space, companies trust HackerRank to help them set up a skills strategy, showcase their brand to developers, implement a skills-based hiring process, and ultimately upskill and certify employees…all driven by AI. Learn more at hackerrank.com.

    The MIL Network

  • MIL-OSI: Plum and Wilson Announce Strategic Partnership to Help Companies Uncover Deeper Talent Insights

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and TAMPA, Fla., March 18, 2025 (GLOBE NEWSWIRE) — Revolutionary talent assessment provider Plum and Wilson, a global integrated talent solutions leader, today shared details of its partnership, designed to offer companies deeper talent insights across the workforce.

    According to research from Gartner, only 21 percent of HR leaders believe their organizations effectively use talent data to shape talent acquisition strategies, improve employee engagement and inform other business decisions. Together, Plum and Wilson give HR and talent leaders a holistic view of the workforce, promoting the ability to scale with flexibility and identify growth opportunities, whether for internal mobility or learning and development.

    Alicia O’Brien, SVP, Innovation and Customer Success at Wilson, commented, “Today’s organizations need access to talent intelligence and analytics to navigate change in real time. Wilson and Plum offer unique but complementary solutions that ensure that HR and talent leaders have the insights they need to attract key talent, close skill gaps and develop their workforce for today, tomorrow and what’s to come.”

    Building on that sentiment, Plum CEO Caitlin MacGregor shared, “Wilson’s integrated talent solutions combined with Plum’s science-backed psychometric solutions provide clarity around the workforce’s durable skills and longer-term potential. With that level of understanding, it becomes possible to elevate talent initiatives and build teams that support the organization’s long-term success.”

    Rose Scaringella-Cappelli, Learning & Development Manager at Arup, shared, “Studies show that as you move up in your career, the more people skills you need. Using this technology is a great way to start understanding the development needs of your workforce. From there, you can facilitate additional conversations about other resources and strategies to implement.”

    To learn more about Plum’s partners, visit https://www.plum.io/partnerships-marketplace.

    About Plum

    Revolutionary workforce solutions provider Plum knows that when people flourish, business thrives. Using objective data backed by scientific insights to measure and match human potential to job needs, Plum provides personalized career insights, improves quality of hire and helps create high-performing teams.

    With unmatched scalability, the award-winning Plum platform enhances talent decisions across the employee lifecycle, making it possible to understand skills, quantify job fit and analyze organizational culture. Visit www.plum.io to learn more.

    About Wilson

    Wilson drives business results through its integrated talent solutions. Powered by talent intelligence, our people partner with some of the world’s most admired brands to build and maintain sustainable workforces that thrive. Visit www.wilson.hr to find out more.

    The MIL Network

  • MIL-OSI: Bitfarms Completes Strategic Sale of its Yguazu, Paraguay Data Center

    Source: GlobeNewswire (MIL-OSI)

    -Accretive transaction valued at approximately U.S. $85 million-

    -Bitfarms to reinvest capital in U.S. growth opportunities-

    This news release constitutes a “designated news release” for the purposes of Bitfarms’ second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.

    TORONTO, Ontario, March 18, 2025 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, today announced the successful completion of the sale of its 200 MW data center in Yguazu, Paraguay to HIVE Digital Technologies, Ltd. (“HIVE”).

    Bitfarms CEO Ben Gagnon stated, “We are pleased to have expeditiously completed the sale of our Yguazu site to HIVE, allowing us to streamline our operations and further rebalance our portfolio towards North America. We now anticipate that our year-end 2025 proforma energy portfolio will be ~80% North American and ~20% international, marking a significant milestone in our transition from an international Bitcoin miner to a North American energy and compute infrastructure company.”

    CFO Jeff Lucas stated, “This accretive sale is expected to significantly reduce our 2025 capex requirements, while reducing our average power costs by 10%. We plan to reinvest the savings and capital from this sale towards our 1.1 GW U.S. growth pipeline for Bitcoin mining and HPC/AI infrastructure, in line with our strategy to grow in the U.S. and diversify beyond Bitcoin mining.”

    About Bitfarms Ltd.

    Founded in 2017, Bitfarms is a global Bitcoin and vertically integrated data center company that sells its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining facilities with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers.

    Bitfarms currently has 15 operating Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure.

    To learn more about Bitfarms’ events, developments, and online communities:

    www.bitfarms.com
    https://www.facebook.com/bitfarms/
    https://x.com/Bitfarms_io
    https://www.instagram.com/bitfarms/
    https://www.linkedin.com/company/bitfarms/

    Glossary of Terms

    • HPC/AI = High Performance Computing / Artificial Intelligence
    • GW = Gigawatt

    Forward-Looking Statements

    This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding the sale of the Yguazu, Paraguay Site, the merits of the rebalancing operations to North America, the reinvestment of the proceeds of the sale for growth and projected growth, the North American energy and compute infrastructure strategy and other statements regarding future growth, plans and objectives of the Company are forward-looking information. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

    This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the failure to receive payments owing pursuant to the sale of the Yguazu, Paraguay Site on the terms as announced or at all; the reinvestment of the proceeds of the sale may not occur on an economic basis; the anticipated benefits of the rebalancing of operations to North America and the North American energy and compute infrastructure strategy may not be realized; an inability to apply the Company’s data centers to HPC/AI opportunities on a profitable basis; a failure to secure long-term contracts associated with HPC/AI customers on terms which are economic or at all; the construction and operation of the Company’s facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company’s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company’s profitability; future capital needs and the ability to complete current and future financings, including Bitfarms’ ability to utilize an at-the-market offering program ( “ATM Program”) and the prices at which securities may be sold in such ATM Program, as well as capital market conditions in general; share dilution resulting from an ATM Program and from other equity issuances; the risk that a material weakness in internal control over financial reporting could result in a misstatement of the Company’s financial position that may lead to a material misstatement of the annual or interim consolidated financial statements if not prevented or detected on a timely basis; any regulations or laws that will prevent Bitfarms from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; and the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission at www.sec.gov), including the restated MD&A for the year-ended December 31, 2023, filed on December 9, 2024. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by the Company. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

    Investor Relations Contacts:

    Tracy Krumme
    SVP, Head of IR & Corp. Comms.
    +1 786-671-5638
    tkrumme@bitfarms.com

    Media Contacts:

    Caroline Brady Baker
    Director, Communications
    cbaker@bitfarms.com

    The MIL Network

  • MIL-OSI: RemoFirst Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, March 18, 2025 (GLOBE NEWSWIRE) — RemoFirst is proud to have been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2025. And earning the No. 4 spot in the Human Resources category.

    This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy. Alongside the World’s 50 Most Innovative Companies, Fast Company recognizes 609 organizations across 58 sectors and regions.

    “We are honored to be recognized by Fast Company as one of the World’s Most Innovative Companies. This accolade is a testament to our team’s relentless dedication to reshaping how businesses manage global employment,” said CEO Nurasyl Serik.

    “At RemoFirst, we’re not just modernizing international payroll and compliance — we’re building the infrastructure that allows companies to embrace a truly global workforce without the traditional boundaries or barriers. Our innovations, such as fully automated payroll operations and employment in 185+ countries, AI powered processes, RemoVisa, RemoCheck and RemoTech services, represent our commitment to empowering businesses with the tools they need to succeed in an increasingly interconnected world.”

    RemoFirst achieved significant innovations in the last year, pushing forward the mission to simplify global employment and empower businesses to expand their workforce across borders.

    Among these innovations are the RemoVisa service which allows companies to issue Visas and Work Permits in 85+ countries (the largest Visa coverage of any EOR), and RemoCheck Background Screening services that ensure global candidates meet the highest standards of integrity and security before employment. RemoTech provides equipment delivery for clients in 150+ countries.

    Outside of services for Employer of Record, RemoFirst also expanded the functionality of their contractor management solution, designed to make it easier and more affordable for businesses to manage and pay independent contractors globally. Their contractor solution supports payments in over 50 currencies and integrates with leading payment gateways to ensure smooth, secure transactions.

    The World’s Most Innovative Companies stands as Fast Company’s hallmark franchise and one of its most anticipated editorial efforts of the year. To determine honorees, Fast Company’s editors and writers review companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world.

    “Our list of the Most Innovative Companies offers both a comprehensive look at innovation today and a playbook for the future,” said Fast Company editor-in-chief Brendan Vaughan. “This year, we recognize companies that are harnessing AI in deep and meaningful ways, brands that are turning customers into superfans by overdelivering for them, and challengers that are introducing bold ideas and vital competition to their industries. At a time when the world is rapidly shifting, these companies are charting the way forward.”

    The full list of Fast Company’s Most Innovative Companies honorees can now be found at fastcompany.com. It will also be available on newsstands beginning March 25.

    Fast Company will host the Most Innovative Companies Summit and Gala for honorees on June 5. The summit features a day of inspiring content, followed by a creative black-tie gala including networking, a seated dinner, and an honoree presentation.

    About RemoFirst
    RemoFirst is an Employer of Record (EOR) provider that handles all of your employment needs for global employees and contractors — quickly and compliantly. Now companies can skip the hassle of opening additional entities and navigating complex local labor laws. Other services include background checks, global healthcare, visas and work permits, equipment delivery, and more. Available in 185+ countries, starting at $199/month for EOR. For more information, please visit remofirst.com.

    ABOUT FAST COMPANY
    Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit fastcompany.com.

    For Media Inquiries:
    Angelica Krauss
    Director of Marketing
    angelica@remofirst.com

    The MIL Network

  • MIL-OSI Economics: Open Market Operation (OMO) – Purchase of Government of India Securities held on March 18, 2025: Cut-Offs

    Source: Reserve Bank of India

    Security 7.10% GS 2029 7.26% GS 2032 7.26% GS 2033 7.73% GS 2034 7.40% GS 2035 7.41% GS 2036
    Total amount notified Aggregate amount of ₹50,000 crore
    (no security-wise notified amount)
    Total amount (face value) accepted by RBI (₹ in crore) 8,805 7,499 14,168 11,656 3,326 4,546
    Cut off yield (%) 6.6577 6.7863 6.7869 6.8279 6.8579 6.8896
    Cut off price (₹) 101.55 102.72 102.84 106.33 104.00 104.13
    Detailed results will be issued shortly.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2403

    MIL OSI Economics

  • MIL-OSI Economics: Reserve Bank of India and Bank of Mauritius Sign Memorandum of Understanding to Promote Use of Local Currencies for Bilateral Transactions

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies, viz., the Indian Rupee (INR) and the Mauritian Rupee (MUR) for cross-border transactions. The MoU was signed by the Governor, Reserve Bank of India, Shri Sanjay Malhotra and the Governor, Bank of Mauritius, Dr. Rama Krishna Sithanen G.C.S.K. The MoU documents were exchanged in Port Louis, Mauritius in the presence of the Honourable Prime Minister of India, Shri Narendra Modi and the Honourable Prime Minister of Mauritius, Dr. Navinchandra Ramgoolam, on Wednesday, March 12, 2025.

    2. The MoU aims to promote the use of INR and MUR in bilateral trade. The MoU covers all current account transactions and permissible capital account transactions as agreed upon by both the countries. This framework would enable exporters and importers to invoice and pay in their respective domestic currencies, which in turn, would enable the development of a market in the INR-MUR pair. Use of local currencies would optimise costs and settlement time for transactions.

    3. This collaboration marks a key milestone in strengthening bilateral cooperation between RBI and BOM. Use of local currencies in bilateral transactions will eventually contribute to promoting trade between India and Mauritius as well as deepen financial integration and strengthen the historical, cultural, and economic relations between India and Mauritius.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2404

    MIL OSI Economics

  • MIL-OSI Economics: CBB 12 Month Treasury Bills Issue No. 126 Oversubscribed

    Source: Central Bank of Bahrain

    CBB 12 Month Treasury Bills Issue No. 126 Oversubscribed

    Published on 18 March 2025

    Manama, Bahrain –18th March 2025 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 197%.

    The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

    The issue date of the bills is 20th March 2025, and the maturity date is 19th March 2026.

    The weighted average rate of interest is 4.88% compared to 5.26% of the previous issue on 20th February 2025.

    The approximate average price for the issue was 95.299% with the lowest accepted price being 94.913%.

    This is issue No. 126 (ISIN BH00030F6I98) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

    Share this

    MIL OSI Economics

  • MIL-OSI Economics: BOBC Auction Results – 18 March 2025

    Source: Bank of Botswana

    The Monetary Policy Rate (MoPR) was unchanged at 1.9 percent of the previous week, for a paper maturing on 26 March 2025. The summarised results of the auction held on 18 March 2025, are attached below:

    BOBC Auction Results – 18 March 2025_0.pdf

    MIL OSI Economics

  • MIL-OSI Economics: ADB, Vinschool Sign First Sustainability-Linked Loan in Viet Nam’s Education Sector

    Source: Asia Development Bank

    HA NOI, VIET NAM (18 March 2025) — The Asian Development Bank (ADB) has led and signed a $150 million syndicated sustainability-linked loan with Vinschool Joint Stock Company. The loan will be used to expand the Vinschool education system, providing educational facilities for 20,400 students in urban areas of Ha Noi, Ho Chi Minh City (HCMC), and Hung Yen.   

    “This project marks ADB’s first private sector investment in Viet Nam’s education sector and highlights our commitment to fostering sustainable development in the country,” said ADB Country Director for Viet Nam Shantanu Chakraborty. “By supporting the country’s first sustainability-linked loan in the education sector, we aim to enhance educational infrastructure while contributing to new residential hub development in the country.”

    As the mandated lead arranger and bookrunner, ADB has syndicated and structured a financing package that includes a $40 million loan from ADB Ordinary Capital Resources, a $35 million loan from the Leading Asia’s Private Sector Infrastructure Fund 2 (LEAP 2) administered by ADB, and $75 million in parallel loans.  

    The parallel loans comprise $40 million from ILX, an Amsterdam-based emerging market asset manager, and $35 million from the Emerging Africa & Asia Infrastructure Fund, an emerging market infrastructure debt fund established by the Private Infrastructure Development Group and managed by NinetyOne. The loan has been validated through a second-party opinion from DNV Business Assurance Vietnam Co., Ltd.

    Viet Nam has made significant progress in expanding education coverage, achieving an impressive 98% literacy rate and over 98% primary education enrollment. However, as the nation strives to transition from a developing to a middle-income country, there is a critical need to improve education quality and enhance education access in rapidly urbanizing cities. The private sector, including institutions like Vinschool, is vital in bridging this gap.

    “We are delighted to partner with ADB and other impact focused lenders on this groundbreaking initiative. This investment will enable us to provide high-quality learning opportunities to more students while setting a benchmark for sustainable education in Viet Nam,” said Vinschool Chief Executive Officer Phan Ha Thuy. “This is a project that underscores Vinschool’s commitment to Environmental, Social, and Governance principles, reinforcing its dedication to sustainable development.”

    LEAP 2 is an ADB-managed fund with a $1.5 billion commitment from the Japan International Cooperation Agency (JICA). It focuses on sustainable private sector infrastructure projects that reduce carbon emissions, improve energy efficiency, and provide affordable health care, education, and communication services to ADB’s developing member countries.

    Established in 2013, Vinschool is the largest private school system in Viet Nam, offering high quality education from kindergarten to high school. Vinschool currently serves more than 48,000 students across 54 campuses in Ha Noi, HCMC, and four other provinces, offering both national curriculum and Cambridge bilingual programs. Vinschool is a subsidiary of Vingroup Joint Stock Company, one of Viet Nam’s largest conglomerates. 

    ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—49 from the region.

    MIL OSI Economics

  • MIL-OSI Russia: The employment service invites wives of SVO participants to free business trainings

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    From April 14 to 17, the “Moya Rabota” center on Shabolovka Street will host the “Women’s Business” accelerator. Spouses of special military operation participants are invited to join. Visitors will be taught the basics of running a business and developing a personal brand, public speaking and writing a marketing plan, preparing project promotion strategies, and much more.

    Modern women are increasingly striving for professional self-realization, often choosing the entrepreneurial scenario. The Moscow Employment Service offers various programs that help residents develop their careers and improve their skills and competencies.

    “Entrepreneurship allows you to gain financial independence, monetize your hobby, create a unique product, and plan your time more flexibly. For the wives of the special military operation participants, we have prepared an intensive program where they will learn a lot about opening and developing their own business, make new acquaintances, and have a useful time. In four days, the guests will learn to work in a team and present their projects to investors, and will immerse themselves in financial and other important nuances of business,” said Andrey Tarasov, head of the Moscow employment service and the Professions of the Future center.

    On the first day, April 14, participants will discuss organizational issues and measures of state support for business, learn the basics of entrepreneurship, and learn teamwork and business thinking.

    On April 15, experienced trainers will talk about entering marketplaces and successful examples of existing businesses. The participants will delve into the intricacies of customer service and writing a marketing plan, and will also prepare to defend projects and work with presentations.

    The program on April 16 will be dedicated to the art of public speaking, analysis of tax, financial and other aspects, as well as communication strategies of an entrepreneur.

    On the final day of the accelerator, April 17, participants will defend their projects and receive awards for the winners.

    The meetings will take place at the flagship center “My work” at the address: Shabolovka street, building 48. Participation is free, registration open until April 5. The “Women’s Business” accelerator is organized with the participation of the Moscow City Branch “Support of Russia”.

    The Moscow City Employment Service is the largest state personnel operator that helps residents of the capital find work. Its structure includes employment offices, many of which are located in the My Documents government service centers. The flagship centers are open at the following addresses: Kuusinen Street, Building 2, Building 1, and Shabolovka Street, Building 48. The specialized My Career employment center is located on Sergiya Radonezhskogo Street (Building 1, Building 1).

    At the Professions of the Future center (38 Shchepkina Street, Building 1), you can master one of 75 in-demand professions in various sectors of the economy in a maximum of three and a half months. Career mentors will help you find a job after completing your training. The center’s partners include more than three thousand employers. In addition, a comprehensive career guidance program is being implemented here for ninth-grade students.

    How noted Sergei Sobyanin, in his strategy for developing Moscow’s social security system until 2030, the city offers residents the opportunity to develop their human resources and join the country’s largest labor market.

    The My Work Center has been helping Muscovites become entrepreneurs for 4 years — Sobyanin

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/151439073/

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Women Beneficiaries under PMMKSY

    Source: Government of India (2)

    Posted On: 18 MAR 2025 3:51PM by PIB Delhi

    The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying is implementing a new Central Sector Sub-scheme namely the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of four years from FY 2023-24 to FY 2026-27 at an estimated outlay of ₹6000 crore.

    Under PM-MKSSY, the Sub-scheme provides support for: (i) formalization of the unorganized part of fisheries sector by providing work based digital identity to fishers, fish farmers and other stakeholders through National Fisheries Digital Platform (ii) facilitating access to institutional credit, (iii) incentive for adoption of aquaculture insurance by providing ‘one-time incentive’ to the farmers by providing 40% of the premium (up to ₹25,000 per hectare, or ₹1 lakh per farmer for 4 hectares, SC/ST and women beneficiaries get an additional 10% incentive (iv) improvement of fisheries value-chain efficiencies under component 2 through Performance grant for a Microenterprise i.e. 25% of the total investment or Rs.35 lakhs, whichever is lower, for General Category and 35% of total investment or Rs.45 lakhs, whichever is lower, for SC, ST and Women owned microenterprises. In addition, Performance Grant for Village Level Organizations and Federations of SHGs, FFPOs and Cooperatives shall not exceed 35% of total investment or Rs.200 lakhs, whichever is lower  and for establishment of supply chains of safe fish products to consumers under Component 3 through Performance grant for a Small and Microenterprise  i.e. 25% of the total investment or Rs.35 lakhs, whichever is lower for microenterprise and 25% of total investment or ₹75 lakhs, whichever is lower for small enterprise for General Category and 35% of total investment or Rs.45 lakhs, whichever is lower for microenterprise and 35% of total investment or ₹100 lakhs, whichever is lower, for SC, ST and Women for small enterprise. In addition, Performance Grant for Village Level Organizations and Federations of SHGs, FFPOs and Cooperatives shall not exceed 35% of total investment or Rs.200 lakhs, whichever is lower. Along with this, PM-MKSSY aims to provide an amount of Rs.10,000 and Rs.15,000 per year for creation and maintenance of jobs for a men and woman respectively subject to the limit of 50% of total eligible grant.

    Further, The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying has launched National Fisheries Digital Platform (NFDP) under PM-MKSSY on 11.09.2024. The NFDP aims at formalization of the Indian fisheries and aquaculture sector through creation of work-based digital identity and the database for all stakeholders in fisheries sector. It also serves as ‘one-stop’ solution for access to institutional credit, strengthening of fisheries co-operatives, incentivizing aquiculture insurance, performance-based incentives, fisheries’ traceability systems and training and capacity building. Till date, 20,25,676 fishers, fish farmers and other stakeholders have registered on NFDP including 209850 registrations from Andhra Pradesh. The registrations include 56,165 Women beneficiaries, 8374 SC beneficiaries and 5075 ST beneficiaries. The district-wise details are furnished at Annexure-I.

    Under the NFDP, the module for aquaculture insurance, credit Facilitation, performance grant, traceability and training and capacity building has been developed and made live. The beneficiary can login to the NFDP portal and apply for availing the benefit. As on date, 286 lead applications for Aquaculture Insurance including 13 applications from Andhra Pradesh have been submitted by the beneficiaries covering 716 hectare farms and the same have been forwarded to the insurance companies on the portal. Further, 8 applications for Performance Grant including 6 applications under component 2 and 2 applications under component 3 have been received under PM-MKSSY. As of now, no applications have been received from Andhra Pradesh for Performance Grant.

     

    Annexure-I

     

    District-wise details of registrations under National Fisheries Digital Platform in Andhra Pradesh

     

    Name of the District

    No. of Female registrations

    No. of Male registrations

    Total registrations

    SC registrations

    ST registrations

    Alluri Sitharama Raju

    57

    364

    421

    25

    140

    Anakapalli

    305

    1126

    1431

    18

    47

    Anantapur

    291

    1692

    1983

    183

    47

    Annamayya

    8

    150

    158

    8

    17

    Bapatla

    990

    2076

    3066

    43

    125

    Chittoor

    684

    928

    1612

    224

    138

    Dr. B.R. Ambedkar Konaseema

    4299

    6363

    10662

    90

    6

    East Godavari

    12380

    35557

    47937

    340

    174

    Eluru

    619

    1352

    1971

    308

    28

    Guntur

    1574

    7745

    9319

    658

    807

    Krishna

    11406

    20778

    32184

    2202

    594

    Kurnool

    373

    3450

    3823

    363

    90

    Nandyal

    63

    327

    390

    17

    16

    NTR

    193

    362

    555

    122

    24

    Palnadu

    42

    254

    296

    59

    126

    Parvathipuram Manyam

    73

    617

    690

    34

    338

    Prakasam

    1952

    7687

    9639

    305

    212

    Sri Potti Sriramulu Nellore

    3195

    10355

    13550

    743

    1058

    Sri Sathya Sai

    51

    606

    657

    38

    15

    Srikakulam

    8547

    17094

    25641

    65

    64

    Tirupati

    572

    2692

    3264

    241

    287

    Visakhapatnam

    5434

    19673

    25107

    172

    210

    Vizianagaram

    1457

    3547

    5004

    98

    343

    West Godavari

    1495

    8514

    10009

    1944

    96

    Y.S.R. Kadapa

    105

    376

    481

    74

    73

    Total

    56165

    153685

    209850

    8374

    5075

     

    This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 18th March, 2025.

     

    *******

    AA

     

    (Release ID: 2112272) Visitor Counter : 75

    Read this release in: Hindi

    MIL OSI Asia Pacific News