Category: Business

  • MIL-OSI Asia-Pac: CE listens to views expressed by CECA on Policy Address (with photos/video)

    Source: Hong Kong Government special administrative region

         The Chief Executive’s Council of Advisers (CECA), chaired by the Chief Executive, Mr John Lee, held luncheon meetings for three consecutive days this week (July 9 to 11) to listen to the views expressed by CECA members for the forthcoming Policy Address and the overall development of Hong Kong.
     
         Mr Lee said, “This is the first meeting for the new term (second term) of CECA members. I warmly welcomed the three new members of the CECA, namely Dr Zhu Min, who served as the Deputy Managing Director of the International Monetary Fund and the Deputy Governor of the People’s Bank of China, along with two enterprises of Hangzhou’s “Six Little Dragons” – the founder of BrainCo, Mr Han Bi-cheng, and the founder of Unitree Robotics, Mr Wang Xing-xing, for attending the meetings in Hong Kong. During the meeting, they emphasised that Hong Kong is bestowed with its unique advantages of connecting with both the Mainland and the world, excellent education and research capabilities, and advantageous geographical location, and it is also an international financial centre with free flow of capital. These advantages would greatly attract Mainland enterprises to list in Hong Kong and use Hong Kong as the gateway to go global. “
     
         The CECA conducted in-depth discussions on a range of important issues under three major themes:
     

    1. Economic advancement and sustainability – including how to consolidate Hong Kong’s position as the international financial, shipping and trade centres amid geopolitical changes and economic restructuring.
    2. Innovation and entrepreneurship – including how to promote the upgrading and transformation of traditional industries, proactively nurture emerging industries, expedite the development of the Northern Metropolis, and proactively attract capital and talents to assist in the development of innovation and technology in Hong Kong. 
    3. Regional and global collaborations – including how to leverage the opportunities of our motherland and deepen international exchanges and co-operation, strengthen ties with countries along the Belt and Road and explore emerging markets such as the Middle East, the ASEAN, South America, and Central Asia in order to seek new opportunities, and to provide high quality professional services to Mainland and international enterprises, amid an ever‑changing geopolitical landscape and constantly increasing uncertainties.

     
         Mr Lee said members of the Council are all distinguished and eminent leaders in their respective fields or internationally renowned scholars, experts or entrepreneurs. He thanks all members for actively providing him with valuable insights and wise counsel regarding the current situation and vision for future developments of Hong Kong. These contributions have provided important references for the overall development strategies of Hong Kong and the upcoming Policy Address.
     
         The three meeting sessions were chaired by the Chief Executive. The Chief Secretary for Administration, Mr Chan Kwok-ki; the Acting Financial Secretary, Mr Michael Wong; the Acting Secretary for Justice, Mr Cheung Kwok-kwan; the Director of the Chief Executive’s Office, Ms Carol Yip, and the Head of the Chief Executive’s Policy Unit (CEPU), Dr Stephen Wong, attended the three sessions respectively.
     
         The Chief Executive will deliver his fourth Policy Address this September, for which the public consultation commenced on June 16.
     
         The Chief Executive established the CECA in 2023 to seek advice on the strategic developments of Hong Kong with a view to leveraging the opportunities from national and global developments. The second term of the CECA took effect on July 1. For the membership of the CECA, please refer to the website of the CEPU (www.cepu.gov.hk/en/CECA/membership.html), which serves as the secretariat of the CECA.

    MIL OSI Asia Pacific News

  • MIL-OSI: Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 11, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its financial results for the fiscal year ended March 31, 2025.

    Fiscal Year ended March 31, 2025 Full-Year Highlights:

    • Revenues for the fiscal year ended March 31, 2025, increased 57% to $2.0 million driven primarily by an increase in software subscriptions and license fees.
    • Net loss for the fiscal year ended March 31, 2025, of $5.2 million, an increase of $0.3 million compared to the net loss of $4.9 million recorded in the prior year.
    • Transformed balance sheet with net assets of $4.6 million at March 31, 2025, compared to net liabilities of $23.0 million at March 31, 2024.
    • Completed Initial Public Offering (“IPO”) in January 2025.

    Post Year End Strategic Highlights

    • Signed a memorandum of understanding on June 5, 2025 to acquire Resulticks Group Companies Pte Limited (“Resulticks”), subject to definitive agreements, in a transaction valued at approximately US$2 billion, to be primarily settled in Diginex ordinary shares. This combination leverages Resulticks’ real-time audience engagement, agentic AI framework, and global reach to drive sustainability, compliance, customer relationships, and collective growth.
    • Executed a memorandum of understanding on May 23, 2025, to acquire Matter DK ApS (“Matter”), subject to definitive agreements, for approximately US$13 million in an all-share deal. Management believes the acquisition of Matter will strengthen the Company’s sustainability data coverage, ESG analytics offerings, as well as its automated data collection capabilities.

    Management Commentary

    “The year ended March 31, 2025 was a transformative period for the Company, marked by the successful completion of our IPO in January 2025, a 57% increase in revenues and strategic agreements signed during the fiscal year to boost future revenues and client acquisition with leading professional firms such as Russell Bedford International and Baker Tilly Singapore. During the year, we also enhanced our product offerings with the introduction of AI-powered compliance solutions, delivering features such as multi-variant drafting, automated risk reduction, future-proofing for evolving regulations, and improved scalability for users of our Sustainability SaaS reporting platform, diginexESG,” said Mark Blick, Chief Executive Officer of Diginex Limited. “We achieved overall revenue growth, driven in part, by a significant licensing agreement and ongoing demand for our core ESG reporting and supply chain risk management products. At the same time, we deliberately shifted resources to accelerate the development of diginexESG and diginexLUMEN, which positions us well for long-term growth and recurring revenues at the expense of revenues from one-off mandates via customization projects.”

    “We also maintained a disciplined approach to cost management. While general and administrative expenses increased year on year, this was primarily due to IPO related professional fees and the fair value adjustment related to the issuance of preferred shares under an anti-dilution clause following an $8 million capital raise in May 2024. We did, however, achieve cost reductions in employee benefits, IT development and maintenance costs, while continuing to deliver on our product road map, and other discretionary spending. These actions demonstrate our commitment to building a sustainable business model and cost structure that supports future profitability while continuing to fund strategic priorities.”

    “We’re also excited to have signed a memorandum of understanding on March 17, 2025, to pursue a dual listing of our ordinary shares on the Abu Dhabi Securities Exchange,” said Mr. Blick. “This planned listing is intended to increase exposure of Diginex to regional and international investors, strengthen our relationships in the Gulf Cooperation Council (“GCC”) region, and support Abu Dhabi’s strategic focus on sustainable finance. We believe this step aligns with our long-term commitment to expand our global presence.” The memorandum of understanding also contemplates a planned capital raise of up to USD$250 million focused on large institutional investors based in the GCC and a strategic alliance to support business growth in Abu Dhabi and the surrounding GCC region.”

    “Importantly, we are advancing our strategy to strengthen and diversify our technology and data capabilities through targeted acquisitions,” continued Mr. Blick. “Following the close of the fiscal year ended March 31, 2025, we signed two memoranda of understanding to acquire Resulticks and Matter, subject to definitive agreements. These transactions, if completed, would meaningfully expand our AI-driven data management and sustainability analytics capabilities globally, supporting our vision of delivering integrated, high-value solutions to clients worldwide. While both agreements remain subject to due diligence, negotiation and finalizing definitive terms, they demonstrate our commitment to disciplined, strategic growth through carefully selected acquisitions. We see powerful synergies with Resulticks in targeted sustainability marketing at scale, bringing in Matter’s sustainability data for company benchmarking and supply chain due diligence through diginexLUMEN, and the provision of AI enabled sustainability reporting capabilities with diginexESG.”

    “Looking ahead, we have reason for optimism as our Company is on the leading edge of fundamental changes in the data industry that will drive future growth. We remain committed to investing across the Diginex platforms, enhancing our global market presence both organically and through acquisitions, and managing our operations with discipline to deliver long-term value to our shareholders,” Mr. Blick stated.

    Revenues

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Subscription and license fees 1.3 0.4
    Advisory fees 0.3 0.2
    Customization fees 0.4 0.7
    Total  2.0  1.3
         

    For the fiscal year ended March 31, 2025, total revenue increased by $0.7 million to $2.0 million, compared to $1.3 million in the prior year. The increase was primarily attributable to a $0.9 million license fee from the granting of a non-exclusive right to distribute a white-label version of diginexESG. Excluding this transaction, revenue from software subscriptions and licenses remained stable at $0.4 million for the year. Subscription and license fees are generated from sales of diginexESG and diginexLUMEN.

    Revenue from advisory fees increased modestly to $0.3 million, reflecting an improvement of $0.1 million compared to the prior year. Advisory services includes projects such as developing ESG strategies, conducting ESG materiality assessments or conducting training sessions on a range of ESG topics.

    The increase in total revenue was partially offset by a decline in revenue from customization projects, which decreased by $0.3 million to $0.4 million for the fiscal year ended March 31, 2025. This reduction was an expected outcome of the Company’s strategic decision to allocate more resources to the development and expansion of diginexESG and diginexLUMEN, leading to a temporary reduction in the acceptance of customization projects.

    “We are focused on building long-term, sustainable growth across all of our service lines,” said Mr. Blick. “This year’s results highlight the strength of our core subscription business and our ability to unlock additional revenue opportunities through strategic agreements and licensing agreements.”

    General and Administrative Expenses

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Employee benefits  4.8  5.0
    IT development and maintenance support 1.5 2.1
    Audit fees 0.4 0.6
    Professional fees 2.1 0.5
    Travel and entertainment 0.4 0.5
    Share based payments 0.4
    Amortization and depreciation 0.1 0.1
    Other 0.6 0.5
      10.3 9.3
         

    For the fiscal year ended March 31, 2025, general and administrative expenses increased by $1.0 million to $10.3 million, compared to $9.3 million in the prior fiscal year. This increase was primarily driven by higher professional fees associated with the Company’s IPO and a share-based payment expense related to preferred shares issued under an anti-dilution clause triggered by a capital raise completed in May 2024. These higher costs were partially offset by reductions in employee benefits, IT development and maintenance support, while continuing to deliver on our product roadmap, and audit fees.

    Employee benefits decreased by $0.2 million which was the result of reduced costs associated with the fair value of employee share options granted to employees of $0.5 million and a partially offsetting increase in salaries of $0.3 million. Headcount at March 31, 2025 was 32 and included 23 employees and 9 contractors compared to a headcount of 29 at March 31, 2024, which included 22 employees and 7 contractors.

    Balance Sheet Highlights

    At March 31, 2025, net assets of $4.6 million represented a transformation and significant improvement from net liabilities of $23.0 million at March 31, 2024. The improvement was driven by the capitalization of shareholder loans and advances, convertible loan notes and redeemable preferred shares. The capitalization events were triggered by the IPO.  

    The Company’s cash position of $3.1 million at March 31, 2025, is also higher than the $0.1 million of cash reported at March 31, 2024.

    The balance sheet at March 31, 2025, held no interest-bearing debt instruments.

    “The strengthening of our balance sheet following our IPO marks an important milestone for the company,” concluded Mr. Blick. “This enhanced financial position gives us the flexibility to invest in growth, pursue strategic initiatives, and deliver sustainable value to our shareholders. We remain committed to disciplined capital management as we expand our operations, strengthen key partnerships, and execute on our long-term vision to drive innovation and create a lasting impact in our industry.”

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and ISSB (IFRS Sustainability Disclosure Standards). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk

         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    Revenue 2,040,602 1,299,538
    General and administrative expenses (10,344,514) (9,363,345)
    OPERATING LOSS (8,303,912) (8,063,807)
    Other income, gains or (losses) 3,501,200 3,753,988
    Finance cost, net (410,167) (552,651)
    LOSS BEFORE TAX (5,212,879) (4,862,470)
    Income tax expense (8,917)
    LOSS FOR THE YEAR (5,212,879) (4,871,387)
    OTHER COMPREHENSIVE INCOME (LOSS)    
    Items that may be reclassified subsequently to profit or loss:    
    Exchange gain (loss) on translation of foreign operations 30 (7,684)
    TOTAL COMPREHENSIVE LOSS FOR THE YEAR (5,212,849) (4,879,071)
         
    LOSS PER SHARE ATTRIBUTABLE TO
    THE ORDINARY EQUITY HOLDERS OF THE COMPANY
       
    Basic loss per share (0.33) (0.51)
         
    Diluted loss per share (0.53) (0.75)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
    At 31 March 2024 and 2025
         
      At
    31 March 2025
    At
    31 March 2024
      USD USD
    ASSETS    
    Right-of-use assets 225,672 357,202
    Rental deposit 45,463 35,431
    Plant and equipment
    Total non-current assets 271,135 392,633
    Trade receivables, net 1,394,545 182,334
    Contract assets 750 69,354
    Other receivables, deposit and prepayment 1,066,191 253,476
    Restricted bank balance 399,400
    Cash and cash equivalents 3,111,141 76,620
    Total current assets 5,972,027 581,784
    LIABILITIES    
    Trade payables (200,660) (788,798)
    Other payables and accruals (706,874) (596,870)
    Tax payables (8,917)
    Deferred revenues (505,424) (322,826)
    Due to a related company (34,579) (34,579)
    Due to immediate holding company (5,345,929)
    Loans from immediate holding company (1,930,993)
    Loan from a related company (1,140,931)
    Lease liabilities, current (126,808) (122,076)
    Convertible loan notes, current (3,975,534)
    Total current liabilities (1,574,345) (14,267,453)
    Lease liabilities, net of current portion (110,867) (243,280)
    Preferred shares (9,359,000)
    Convertible loan notes, net of current portion (114,808)
    Total non-current liabilities (110,867) (9,717,088)
    Net current assets (liabilities) 4,397,682 (13,685,669)
    Net assets (liabilities) 4,557,950 (23,010,124)
    EQUITY (DEFICIT)    
    Share Capital 1,150 477
    Share Premium 25,689,436
    Capital reserve 5,126,150 3,752,192
    Warrant reserve 79,263,200
    Exchange reserve (1,651) (1,681)
    Share option reserve 1,076,345 2,409,689
    Accumulated losses (106,596,680) (29,170,801)
    Total equity (deficit) 4,557,950 (23,010,124)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    CASH FLOWS FROM OPERATING ACTIVITIES    
    Loss before taxation (5,212,879) (4,862,470)
    Adjustments for:    
    Amortization – right-of-use assets 125,575 99,580
    Depreciation – property, plant and equipment 3,696
    Impairment losses (reversed) recognized in respect of trade receivables (2,844) (400)
    Bad debt written off 12,064 21,522
    Write-off of due from related company 81,347
    Finance costs 410,167 552,651
    Share option awards 859,685 1,352,835
    Share-based payments expenses on anti-dilution issuance of preferred shares 369,648
    IPO expenses charged to P&L 1,659,081
    Net fair value loss of convertible loan notes 639,000 374,000
    Net fair value loss of preferred shares (4,117,648) (4,101,000)
    Operating cash flows before movements in working capital (5,258,151) (6,478,239)
    Movements in working capital    
    Trade receivables (1,221,431) 86,332
    Other receivables, deposit and prepayment (955,348) (210,936)
    Contract assets 68,604 (42,365)
    Due from a related company (39,815
    Trade and other payables (478,610) 841,155
    Deferred revenue 182,598 (12,840)
    Amount due to immediate holding company
    Cash generated from operations (7,662,338) (5,856,708)
    Income tax paid (8,917)
    Net cash used in operating activities (7,671,255) (5,856,708)
    CASH FLOWS FROM INVESTING ACTIVITIES    
    Payment to rental deposit (10,032)
    Cash used in investing activities (10,032)
    CASH FLOWS FROM FINANCING ACTIVITIES    
    Issue of shares under global offerings 10,608,750
    Payment of transaction costs of issue of new shares (2,948,791)
    Loans from immediate holding company 3,410,461 564,483
    Advances from immediate holding company 713,719 5,345,423
    Proceeds from shares issued 50
    Proceeds from issuance of convertible loan notes 100,000
    Loan from a related company
    Repayment of due to immediate holding company
    Repayment of lease liabilities (138,962) (109,754)
    Placement of restricted bank balance (399,400)
    Repayment of loan from immediate holding company (530,019) (1,150,000)
    Net cash generated from financing activities 10,715,808 4,750,152
    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,034,521 (1,106,556)
    Cash and cash equivalents at the beginning of the year 76,620 1,183,176
    CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 3,111,141 76,620
         

    The MIL Network

  • MIL-OSI: Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 11, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its financial results for the fiscal year ended March 31, 2025.

    Fiscal Year ended March 31, 2025 Full-Year Highlights:

    • Revenues for the fiscal year ended March 31, 2025, increased 57% to $2.0 million driven primarily by an increase in software subscriptions and license fees.
    • Net loss for the fiscal year ended March 31, 2025, of $5.2 million, an increase of $0.3 million compared to the net loss of $4.9 million recorded in the prior year.
    • Transformed balance sheet with net assets of $4.6 million at March 31, 2025, compared to net liabilities of $23.0 million at March 31, 2024.
    • Completed Initial Public Offering (“IPO”) in January 2025.

    Post Year End Strategic Highlights

    • Signed a memorandum of understanding on June 5, 2025 to acquire Resulticks Group Companies Pte Limited (“Resulticks”), subject to definitive agreements, in a transaction valued at approximately US$2 billion, to be primarily settled in Diginex ordinary shares. This combination leverages Resulticks’ real-time audience engagement, agentic AI framework, and global reach to drive sustainability, compliance, customer relationships, and collective growth.
    • Executed a memorandum of understanding on May 23, 2025, to acquire Matter DK ApS (“Matter”), subject to definitive agreements, for approximately US$13 million in an all-share deal. Management believes the acquisition of Matter will strengthen the Company’s sustainability data coverage, ESG analytics offerings, as well as its automated data collection capabilities.

    Management Commentary

    “The year ended March 31, 2025 was a transformative period for the Company, marked by the successful completion of our IPO in January 2025, a 57% increase in revenues and strategic agreements signed during the fiscal year to boost future revenues and client acquisition with leading professional firms such as Russell Bedford International and Baker Tilly Singapore. During the year, we also enhanced our product offerings with the introduction of AI-powered compliance solutions, delivering features such as multi-variant drafting, automated risk reduction, future-proofing for evolving regulations, and improved scalability for users of our Sustainability SaaS reporting platform, diginexESG,” said Mark Blick, Chief Executive Officer of Diginex Limited. “We achieved overall revenue growth, driven in part, by a significant licensing agreement and ongoing demand for our core ESG reporting and supply chain risk management products. At the same time, we deliberately shifted resources to accelerate the development of diginexESG and diginexLUMEN, which positions us well for long-term growth and recurring revenues at the expense of revenues from one-off mandates via customization projects.”

    “We also maintained a disciplined approach to cost management. While general and administrative expenses increased year on year, this was primarily due to IPO related professional fees and the fair value adjustment related to the issuance of preferred shares under an anti-dilution clause following an $8 million capital raise in May 2024. We did, however, achieve cost reductions in employee benefits, IT development and maintenance costs, while continuing to deliver on our product road map, and other discretionary spending. These actions demonstrate our commitment to building a sustainable business model and cost structure that supports future profitability while continuing to fund strategic priorities.”

    “We’re also excited to have signed a memorandum of understanding on March 17, 2025, to pursue a dual listing of our ordinary shares on the Abu Dhabi Securities Exchange,” said Mr. Blick. “This planned listing is intended to increase exposure of Diginex to regional and international investors, strengthen our relationships in the Gulf Cooperation Council (“GCC”) region, and support Abu Dhabi’s strategic focus on sustainable finance. We believe this step aligns with our long-term commitment to expand our global presence.” The memorandum of understanding also contemplates a planned capital raise of up to USD$250 million focused on large institutional investors based in the GCC and a strategic alliance to support business growth in Abu Dhabi and the surrounding GCC region.”

    “Importantly, we are advancing our strategy to strengthen and diversify our technology and data capabilities through targeted acquisitions,” continued Mr. Blick. “Following the close of the fiscal year ended March 31, 2025, we signed two memoranda of understanding to acquire Resulticks and Matter, subject to definitive agreements. These transactions, if completed, would meaningfully expand our AI-driven data management and sustainability analytics capabilities globally, supporting our vision of delivering integrated, high-value solutions to clients worldwide. While both agreements remain subject to due diligence, negotiation and finalizing definitive terms, they demonstrate our commitment to disciplined, strategic growth through carefully selected acquisitions. We see powerful synergies with Resulticks in targeted sustainability marketing at scale, bringing in Matter’s sustainability data for company benchmarking and supply chain due diligence through diginexLUMEN, and the provision of AI enabled sustainability reporting capabilities with diginexESG.”

    “Looking ahead, we have reason for optimism as our Company is on the leading edge of fundamental changes in the data industry that will drive future growth. We remain committed to investing across the Diginex platforms, enhancing our global market presence both organically and through acquisitions, and managing our operations with discipline to deliver long-term value to our shareholders,” Mr. Blick stated.

    Revenues

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Subscription and license fees 1.3 0.4
    Advisory fees 0.3 0.2
    Customization fees 0.4 0.7
    Total  2.0  1.3
         

    For the fiscal year ended March 31, 2025, total revenue increased by $0.7 million to $2.0 million, compared to $1.3 million in the prior year. The increase was primarily attributable to a $0.9 million license fee from the granting of a non-exclusive right to distribute a white-label version of diginexESG. Excluding this transaction, revenue from software subscriptions and licenses remained stable at $0.4 million for the year. Subscription and license fees are generated from sales of diginexESG and diginexLUMEN.

    Revenue from advisory fees increased modestly to $0.3 million, reflecting an improvement of $0.1 million compared to the prior year. Advisory services includes projects such as developing ESG strategies, conducting ESG materiality assessments or conducting training sessions on a range of ESG topics.

    The increase in total revenue was partially offset by a decline in revenue from customization projects, which decreased by $0.3 million to $0.4 million for the fiscal year ended March 31, 2025. This reduction was an expected outcome of the Company’s strategic decision to allocate more resources to the development and expansion of diginexESG and diginexLUMEN, leading to a temporary reduction in the acceptance of customization projects.

    “We are focused on building long-term, sustainable growth across all of our service lines,” said Mr. Blick. “This year’s results highlight the strength of our core subscription business and our ability to unlock additional revenue opportunities through strategic agreements and licensing agreements.”

    General and Administrative Expenses

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Employee benefits  4.8  5.0
    IT development and maintenance support 1.5 2.1
    Audit fees 0.4 0.6
    Professional fees 2.1 0.5
    Travel and entertainment 0.4 0.5
    Share based payments 0.4
    Amortization and depreciation 0.1 0.1
    Other 0.6 0.5
      10.3 9.3
         

    For the fiscal year ended March 31, 2025, general and administrative expenses increased by $1.0 million to $10.3 million, compared to $9.3 million in the prior fiscal year. This increase was primarily driven by higher professional fees associated with the Company’s IPO and a share-based payment expense related to preferred shares issued under an anti-dilution clause triggered by a capital raise completed in May 2024. These higher costs were partially offset by reductions in employee benefits, IT development and maintenance support, while continuing to deliver on our product roadmap, and audit fees.

    Employee benefits decreased by $0.2 million which was the result of reduced costs associated with the fair value of employee share options granted to employees of $0.5 million and a partially offsetting increase in salaries of $0.3 million. Headcount at March 31, 2025 was 32 and included 23 employees and 9 contractors compared to a headcount of 29 at March 31, 2024, which included 22 employees and 7 contractors.

    Balance Sheet Highlights

    At March 31, 2025, net assets of $4.6 million represented a transformation and significant improvement from net liabilities of $23.0 million at March 31, 2024. The improvement was driven by the capitalization of shareholder loans and advances, convertible loan notes and redeemable preferred shares. The capitalization events were triggered by the IPO.  

    The Company’s cash position of $3.1 million at March 31, 2025, is also higher than the $0.1 million of cash reported at March 31, 2024.

    The balance sheet at March 31, 2025, held no interest-bearing debt instruments.

    “The strengthening of our balance sheet following our IPO marks an important milestone for the company,” concluded Mr. Blick. “This enhanced financial position gives us the flexibility to invest in growth, pursue strategic initiatives, and deliver sustainable value to our shareholders. We remain committed to disciplined capital management as we expand our operations, strengthen key partnerships, and execute on our long-term vision to drive innovation and create a lasting impact in our industry.”

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and ISSB (IFRS Sustainability Disclosure Standards). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk

         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    Revenue 2,040,602 1,299,538
    General and administrative expenses (10,344,514) (9,363,345)
    OPERATING LOSS (8,303,912) (8,063,807)
    Other income, gains or (losses) 3,501,200 3,753,988
    Finance cost, net (410,167) (552,651)
    LOSS BEFORE TAX (5,212,879) (4,862,470)
    Income tax expense (8,917)
    LOSS FOR THE YEAR (5,212,879) (4,871,387)
    OTHER COMPREHENSIVE INCOME (LOSS)    
    Items that may be reclassified subsequently to profit or loss:    
    Exchange gain (loss) on translation of foreign operations 30 (7,684)
    TOTAL COMPREHENSIVE LOSS FOR THE YEAR (5,212,849) (4,879,071)
         
    LOSS PER SHARE ATTRIBUTABLE TO
    THE ORDINARY EQUITY HOLDERS OF THE COMPANY
       
    Basic loss per share (0.33) (0.51)
         
    Diluted loss per share (0.53) (0.75)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
    At 31 March 2024 and 2025
         
      At
    31 March 2025
    At
    31 March 2024
      USD USD
    ASSETS    
    Right-of-use assets 225,672 357,202
    Rental deposit 45,463 35,431
    Plant and equipment
    Total non-current assets 271,135 392,633
    Trade receivables, net 1,394,545 182,334
    Contract assets 750 69,354
    Other receivables, deposit and prepayment 1,066,191 253,476
    Restricted bank balance 399,400
    Cash and cash equivalents 3,111,141 76,620
    Total current assets 5,972,027 581,784
    LIABILITIES    
    Trade payables (200,660) (788,798)
    Other payables and accruals (706,874) (596,870)
    Tax payables (8,917)
    Deferred revenues (505,424) (322,826)
    Due to a related company (34,579) (34,579)
    Due to immediate holding company (5,345,929)
    Loans from immediate holding company (1,930,993)
    Loan from a related company (1,140,931)
    Lease liabilities, current (126,808) (122,076)
    Convertible loan notes, current (3,975,534)
    Total current liabilities (1,574,345) (14,267,453)
    Lease liabilities, net of current portion (110,867) (243,280)
    Preferred shares (9,359,000)
    Convertible loan notes, net of current portion (114,808)
    Total non-current liabilities (110,867) (9,717,088)
    Net current assets (liabilities) 4,397,682 (13,685,669)
    Net assets (liabilities) 4,557,950 (23,010,124)
    EQUITY (DEFICIT)    
    Share Capital 1,150 477
    Share Premium 25,689,436
    Capital reserve 5,126,150 3,752,192
    Warrant reserve 79,263,200
    Exchange reserve (1,651) (1,681)
    Share option reserve 1,076,345 2,409,689
    Accumulated losses (106,596,680) (29,170,801)
    Total equity (deficit) 4,557,950 (23,010,124)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    CASH FLOWS FROM OPERATING ACTIVITIES    
    Loss before taxation (5,212,879) (4,862,470)
    Adjustments for:    
    Amortization – right-of-use assets 125,575 99,580
    Depreciation – property, plant and equipment 3,696
    Impairment losses (reversed) recognized in respect of trade receivables (2,844) (400)
    Bad debt written off 12,064 21,522
    Write-off of due from related company 81,347
    Finance costs 410,167 552,651
    Share option awards 859,685 1,352,835
    Share-based payments expenses on anti-dilution issuance of preferred shares 369,648
    IPO expenses charged to P&L 1,659,081
    Net fair value loss of convertible loan notes 639,000 374,000
    Net fair value loss of preferred shares (4,117,648) (4,101,000)
    Operating cash flows before movements in working capital (5,258,151) (6,478,239)
    Movements in working capital    
    Trade receivables (1,221,431) 86,332
    Other receivables, deposit and prepayment (955,348) (210,936)
    Contract assets 68,604 (42,365)
    Due from a related company (39,815
    Trade and other payables (478,610) 841,155
    Deferred revenue 182,598 (12,840)
    Amount due to immediate holding company
    Cash generated from operations (7,662,338) (5,856,708)
    Income tax paid (8,917)
    Net cash used in operating activities (7,671,255) (5,856,708)
    CASH FLOWS FROM INVESTING ACTIVITIES    
    Payment to rental deposit (10,032)
    Cash used in investing activities (10,032)
    CASH FLOWS FROM FINANCING ACTIVITIES    
    Issue of shares under global offerings 10,608,750
    Payment of transaction costs of issue of new shares (2,948,791)
    Loans from immediate holding company 3,410,461 564,483
    Advances from immediate holding company 713,719 5,345,423
    Proceeds from shares issued 50
    Proceeds from issuance of convertible loan notes 100,000
    Loan from a related company
    Repayment of due to immediate holding company
    Repayment of lease liabilities (138,962) (109,754)
    Placement of restricted bank balance (399,400)
    Repayment of loan from immediate holding company (530,019) (1,150,000)
    Net cash generated from financing activities 10,715,808 4,750,152
    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,034,521 (1,106,556)
    Cash and cash equivalents at the beginning of the year 76,620 1,183,176
    CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 3,111,141 76,620
         

    The MIL Network

  • MIL-OSI USA: CEO of an Iranian Engineering Company Arrested for Allegedly Shipping Sophisticated Electronics from the U.S. to Iran in Violation of U.S. Sanctions

    Source: US State of California

    An Iranian national and U.S. lawful permanent resident has been arrested on a four-count federal indictment charging him with unlawfully exporting electronics used in railway signaling and telecommunications systems from the United States to Iran, in violation the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR).

    Bahram Mohammad Ostovari, 66, a resident of Santa Monica and Tehran, Iran, was arrested Thursday afternoon upon his arrival at Los Angeles International Airport.

    Ostovari is charged with one count of conspiracy to violate the International Emergency Economic Powers Act and three counts of violating the IEEPA.

    According to the indictment unsealed today, Ostovari is the founder and CEO of a Tehran-based engineering company – identified in the indictment as “Company A” – that supplied signaling and communications systems to Iran and its government, including on projects for the Islamic Republic of Iran Railways. From at least May 2018 to July 2025, Ostovari and his co-conspirators obtained and shipped sophisticated computer processors, railway signaling equipment, and other electronics and electronic components to Company A in Iran. Many of these items were controlled under federal regulations, and their export to Iran without a license was prohibited.

    To perpetrate his illegal export scheme, Ostovari used two front companies he controlled in the UAE – MH-SYS FZCO and Match Systech FZE – as conduits. Ostovari directed co-conspirators at these front companies to acquire the electronics and electronic components for Company A. Ostovari and his co-conspirators intentionally concealed from electronics suppliers in the United States and elsewhere that the goods were destined for Iran, falsely stating that MH-SYS and Match Systech in the UAE were the end users when in fact the true end user was Company A in Iran. Ostovari then directed his co-conspirators to arrange to ship the goods from the UAE to Company A in Iran.

    After he became a lawful permanent resident of the United States in May 2020, Ostovari continued to export, sell, and supply electronics and electrical components to Company A in Iran.

    As alleged, Ostovari knew of the U.S. sanctions against Iran, mentioning them in emails to co-conspirators and directing one co-conspirator to provide false information to a federal export control officer regarding the end use of U.S.-origin goods they had shipped to Company A in Iran.

    The IEEPA and the ITSR impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, re-export, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

    At no time did Ostovari, his companies, or his co-conspirators apply for or obtain authorization from OFAC to export, sell or supply goods and technologies from the United States to Iran.

    If convicted, Ostovari faces a maximum penalty of 20 years in prison for each count.

    Homeland Security Investigations and the Department of Commerce’s Bureau of Industry and Security are investigating this case.

    Assistant U.S. Attorneys David C. Lachman and Colin S. Scott for the Central District of California are prosecuting the case, with valuable assistance from Trial Attorney Kathryn DeMarco of the National Security Division’s Counterintelligence and Export Control Section.

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

    MIL OSI USA News

  • MIL-OSI USA: CEO of an Iranian Engineering Company Arrested for Allegedly Shipping Sophisticated Electronics from the U.S. to Iran in Violation of U.S. Sanctions

    Source: US State of California

    An Iranian national and U.S. lawful permanent resident has been arrested on a four-count federal indictment charging him with unlawfully exporting electronics used in railway signaling and telecommunications systems from the United States to Iran, in violation the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR).

    Bahram Mohammad Ostovari, 66, a resident of Santa Monica and Tehran, Iran, was arrested Thursday afternoon upon his arrival at Los Angeles International Airport.

    Ostovari is charged with one count of conspiracy to violate the International Emergency Economic Powers Act and three counts of violating the IEEPA.

    According to the indictment unsealed today, Ostovari is the founder and CEO of a Tehran-based engineering company – identified in the indictment as “Company A” – that supplied signaling and communications systems to Iran and its government, including on projects for the Islamic Republic of Iran Railways. From at least May 2018 to July 2025, Ostovari and his co-conspirators obtained and shipped sophisticated computer processors, railway signaling equipment, and other electronics and electronic components to Company A in Iran. Many of these items were controlled under federal regulations, and their export to Iran without a license was prohibited.

    To perpetrate his illegal export scheme, Ostovari used two front companies he controlled in the UAE – MH-SYS FZCO and Match Systech FZE – as conduits. Ostovari directed co-conspirators at these front companies to acquire the electronics and electronic components for Company A. Ostovari and his co-conspirators intentionally concealed from electronics suppliers in the United States and elsewhere that the goods were destined for Iran, falsely stating that MH-SYS and Match Systech in the UAE were the end users when in fact the true end user was Company A in Iran. Ostovari then directed his co-conspirators to arrange to ship the goods from the UAE to Company A in Iran.

    After he became a lawful permanent resident of the United States in May 2020, Ostovari continued to export, sell, and supply electronics and electrical components to Company A in Iran.

    As alleged, Ostovari knew of the U.S. sanctions against Iran, mentioning them in emails to co-conspirators and directing one co-conspirator to provide false information to a federal export control officer regarding the end use of U.S.-origin goods they had shipped to Company A in Iran.

    The IEEPA and the ITSR impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, re-export, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

    At no time did Ostovari, his companies, or his co-conspirators apply for or obtain authorization from OFAC to export, sell or supply goods and technologies from the United States to Iran.

    If convicted, Ostovari faces a maximum penalty of 20 years in prison for each count.

    Homeland Security Investigations and the Department of Commerce’s Bureau of Industry and Security are investigating this case.

    Assistant U.S. Attorneys David C. Lachman and Colin S. Scott for the Central District of California are prosecuting the case, with valuable assistance from Trial Attorney Kathryn DeMarco of the National Security Division’s Counterintelligence and Export Control Section.

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

    MIL OSI USA News

  • MIL-OSI USA: CEO of an Iranian Engineering Company Arrested for Allegedly Shipping Sophisticated Electronics from the U.S. to Iran in Violation of U.S. Sanctions

    Source: US State of California

    An Iranian national and U.S. lawful permanent resident has been arrested on a four-count federal indictment charging him with unlawfully exporting electronics used in railway signaling and telecommunications systems from the United States to Iran, in violation the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR).

    Bahram Mohammad Ostovari, 66, a resident of Santa Monica and Tehran, Iran, was arrested Thursday afternoon upon his arrival at Los Angeles International Airport.

    Ostovari is charged with one count of conspiracy to violate the International Emergency Economic Powers Act and three counts of violating the IEEPA.

    According to the indictment unsealed today, Ostovari is the founder and CEO of a Tehran-based engineering company – identified in the indictment as “Company A” – that supplied signaling and communications systems to Iran and its government, including on projects for the Islamic Republic of Iran Railways. From at least May 2018 to July 2025, Ostovari and his co-conspirators obtained and shipped sophisticated computer processors, railway signaling equipment, and other electronics and electronic components to Company A in Iran. Many of these items were controlled under federal regulations, and their export to Iran without a license was prohibited.

    To perpetrate his illegal export scheme, Ostovari used two front companies he controlled in the UAE – MH-SYS FZCO and Match Systech FZE – as conduits. Ostovari directed co-conspirators at these front companies to acquire the electronics and electronic components for Company A. Ostovari and his co-conspirators intentionally concealed from electronics suppliers in the United States and elsewhere that the goods were destined for Iran, falsely stating that MH-SYS and Match Systech in the UAE were the end users when in fact the true end user was Company A in Iran. Ostovari then directed his co-conspirators to arrange to ship the goods from the UAE to Company A in Iran.

    After he became a lawful permanent resident of the United States in May 2020, Ostovari continued to export, sell, and supply electronics and electrical components to Company A in Iran.

    As alleged, Ostovari knew of the U.S. sanctions against Iran, mentioning them in emails to co-conspirators and directing one co-conspirator to provide false information to a federal export control officer regarding the end use of U.S.-origin goods they had shipped to Company A in Iran.

    The IEEPA and the ITSR impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, re-export, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

    At no time did Ostovari, his companies, or his co-conspirators apply for or obtain authorization from OFAC to export, sell or supply goods and technologies from the United States to Iran.

    If convicted, Ostovari faces a maximum penalty of 20 years in prison for each count.

    Homeland Security Investigations and the Department of Commerce’s Bureau of Industry and Security are investigating this case.

    Assistant U.S. Attorneys David C. Lachman and Colin S. Scott for the Central District of California are prosecuting the case, with valuable assistance from Trial Attorney Kathryn DeMarco of the National Security Division’s Counterintelligence and Export Control Section.

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

    MIL OSI USA News

  • MIL-OSI: First Bancshares, Inc. Announces Operating Results for Quarter Ended June 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN GROVE, Mo., July 11, 2025 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI) (“Company”), the holding company for Stockmens Bank (“Bank”), today announced its unaudited financial results for the quarter ended June 30, 2025.

    For the second quarter of 2025, the Company reported after-tax net income of $1,824,000 or $0.75 per share-diluted compared to $1,630,000 or $0.67 per share-diluted for the same period in 2024. Net income for the second quarter of 2025 represents an after-tax return on average assets of 1.36% and an after-tax return on equity of 11.82%. These earnings ratios repeated their recent trend of outperformance despite an atypical $7.5 million increase in asset size due to an arbitrage play and strategic stockpiling of capital reserves.

    Since June 30, 2024, the Company experienced growth in all major balance sheet categories aside from investment securities with consolidated total assets increasing $27.3 million to $544.1 million, cash & cash equivalents increasing $13.0 million to $55.8 million, and net loans receivable increasing $15.9 million to $445.3 million. Total deposits increased $13.4 million to $468.3 million, and stockholders’ equity increased $6.3 million to $62.3 million.

    Through the second quarter of 2025, the Company has made significant efforts to fortify its balance sheet. Liquidity remains robust with excess cash being deployed into high-quality loan assets, earning asset yields rose, costs of funds has been kept in check, asset quality improved from already impressive levels, and capital ratios developed to a level that affords the Company the flexibility to pursue growth opportunities as they arise.

    The Bank meets all regulatory requirements for “well-capitalized” status.

    About the Company

    First Bancshares, Inc. is the holding company for Stockmens Bank, a FDIC-insured commercial bank chartered by the State of Colorado that conducts business from its home office in Colorado Springs, Colorado, and eight full-service Missouri offices in Mountain Grove, Marshfield, Ava, Kissee Mills, Gainesville, Crane, Hartville and Springfield, and full-service offices in Bartley, Nebraska and Akron, Colorado.

    Cautionary Note Regarding Forward-Looking Statements

    The Company and its wholly owned subsidiary, Stockmens Bank, may from time to time make written or oral “forward-looking statements” in its reports to shareholders, and in other communications by the Company, which are made in good faith by the Company pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.

    These forward-looking statements include statements with respect to the Company’s beliefs, expectations, estimates and intentions that are subject to significant risks and uncertainties, and are subject to change based on various factors, some of which are beyond the Company’s control. Such statements address the following subjects: future operating results; customer growth and retention; loan and other product demand; earnings growth and expectations; new products and services; credit quality and adequacy of reserves; results of examinations by our bank regulators, technology, and our employees. The following factors, among others, could cause the Company’s financial performance to differ materially from the expectations, estimates and intentions expressed in such forward-looking statements: the strength of the United States economy in general and the strength of the local economies in which the Company conducts operations; the effects of, and changes in, trade, monetary, and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; inflation, interest rate, market, and monetary fluctuations; the timely development and acceptance of new products and services of the Company and the perceived overall value of these products and services by users; the impact of changes in financial services’ laws and regulations; technological changes; acquisitions; changes in consumer spending and savings habits; and the success of the Company at managing and collecting assets of borrowers in default and managing the risks of the foregoing.

    The foregoing list of factors is not exclusive. The Company does not undertake, and expressly disclaims any intent or obligation, to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.

    Contact: Robert M. Alexander, Chairman and CEO – (719) 955-2800

    First Bancshares, Inc. and Subsidiaries  
    Financial Highlights  
    (unaudited)  
    (In thousands, except per share amounts)  
                             
                             
          Quarter Ended    Six Months Ended 
          June 30,    June 30, 
            2025      2024     2025     2024 
    Operating Data:                      
                             
    Total interest income   $ 8,407     $ 8,013     $ 16,371     $ 16,154  
    Total interest expense     2,411       2,689       4,721       5,486  
      Net interest income     5,996       5,324       11,650       10,668  
    Provision for credit losses     61       141       239       343  
      Net interest income after provision for credit losses     5,935       5,183       11,411       10,325  
    Gain (loss) on sale of investments                        
    Non-interest income     474       410       835       786  
    Non-interest expense     4,014       3,434       7,597       6,757  
    Income before taxes     2,395       2,159       4,649       4,354  
    Income tax expense     571       529       1,133       1,071  
      Net income   $ 1,824     $ 1,630     $ 3,516     $ 3,283  
                             
      Earnings per share   $ 0.75     $ 0.67     $ 1.46     $ 1.35  
                             
          At   At     At        
          June 30,   December 31,     June 30,        
    Financial Condition Data:     2025       2024       2024        
                             
    Cash and cash equivalents   $ 55,758     $ 68,570     $ 42,769        
      (excludes CDs)                            
    Investment securities     13,421       13,066       12,966        
      (includes CDs)                      
    Loans receivable, net     445,372       423,657       429,444        
    Goodwill and intangibles     1,443       1,515       1,586        
    Total assets     544,072       537,885       516,784        
    Deposits     468,345       472,596       454,992        
    Repurchase agreements     1,102       1,084       1,601        
    Borrowings     7,500                    
    Stockholders’ equity     62,336       59,562       56,037        
    Book value per share   $ 25.68     $ 24.53     $ 23.08        

    The MIL Network

  • MIL-OSI Security: CEO of an Iranian Engineering Company Arrested for Allegedly Shipping Sophisticated Electronics from the U.S. to Iran in Violation of U.S. Sanctions

    Source: United States Attorneys General 11

    An Iranian national and U.S. lawful permanent resident has been arrested on a four-count federal indictment charging him with unlawfully exporting electronics used in railway signaling and telecommunications systems from the United States to Iran, in violation the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR).

    Bahram Mohammad Ostovari, 66, a resident of Santa Monica and Tehran, Iran, was arrested Thursday afternoon upon his arrival at Los Angeles International Airport.

    Ostovari is charged with one count of conspiracy to violate the International Emergency Economic Powers Act and three counts of violating the IEEPA.

    According to the indictment unsealed today, Ostovari is the founder and CEO of a Tehran-based engineering company – identified in the indictment as “Company A” – that supplied signaling and communications systems to Iran and its government, including on projects for the Islamic Republic of Iran Railways. From at least May 2018 to July 2025, Ostovari and his co-conspirators obtained and shipped sophisticated computer processors, railway signaling equipment, and other electronics and electronic components to Company A in Iran. Many of these items were controlled under federal regulations, and their export to Iran without a license was prohibited.

    To perpetrate his illegal export scheme, Ostovari used two front companies he controlled in the UAE – MH-SYS FZCO and Match Systech FZE – as conduits. Ostovari directed co-conspirators at these front companies to acquire the electronics and electronic components for Company A. Ostovari and his co-conspirators intentionally concealed from electronics suppliers in the United States and elsewhere that the goods were destined for Iran, falsely stating that MH-SYS and Match Systech in the UAE were the end users when in fact the true end user was Company A in Iran. Ostovari then directed his co-conspirators to arrange to ship the goods from the UAE to Company A in Iran.

    After he became a lawful permanent resident of the United States in May 2020, Ostovari continued to export, sell, and supply electronics and electrical components to Company A in Iran.

    As alleged, Ostovari knew of the U.S. sanctions against Iran, mentioning them in emails to co-conspirators and directing one co-conspirator to provide false information to a federal export control officer regarding the end use of U.S.-origin goods they had shipped to Company A in Iran.

    The IEEPA and the ITSR impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, re-export, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

    At no time did Ostovari, his companies, or his co-conspirators apply for or obtain authorization from OFAC to export, sell or supply goods and technologies from the United States to Iran.

    If convicted, Ostovari faces a maximum penalty of 20 years in prison for each count.

    Homeland Security Investigations and the Department of Commerce’s Bureau of Industry and Security are investigating this case.

    Assistant U.S. Attorneys David C. Lachman and Colin S. Scott for the Central District of California are prosecuting the case, with valuable assistance from Trial Attorney Kathryn DeMarco of the National Security Division’s Counterintelligence and Export Control Section.

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

    MIL Security OSI

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Cryptocurrency prices are soaring. Use LET Mining cloud mining to make your digital assets more profitable.

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 11, 2025 (GLOBE NEWSWIRE) — The cryptocurrency-friendly policies released by the United States have triggered a wave of digital assets. The current price of Bitcoin is $118,131, and the rise of Bitcoin has also spread to other cryptocurrencies.

    When the market value of Bitcoin reached $100 billion to $200 billion, few experienced capital allocators had access to investment opportunities. Today, the market value of Bitcoin has reached trillions of dollars, and almost all capital allocators in the world have access to investment opportunities.

    But now simply holding cryptocurrencies and waiting for appreciation can no longer create wealth myths. The cloud mining service launched by LET Mining provides global users with a low-threshold, high-return participation method, allowing users to have high returns every day and create new wealth myths!

    What is cloud mining?
    Cloud mining is a way for users to participate in cryptocurrency mining remotely without purchasing mining machines or having a technical background. It uses the concept of “cloud computing” to deploy mining equipment in professional data centers. Users only need to rent computing power online to get automatic daily income.

    Whether you know about cryptocurrency or not, you can participate and get fixed income every day.

    How to start using LET Mining to earn income every day?
    1. Use a browser to log in to the official website:https://letmining.com/ Register an account. After successful registration, you can get a $12 reward, and you can get $0.6 for logging in and signing in every day.

    2. Choose a cloud computing contract package that suits you. The platform provides flexible packages. The following are some cloud computing packages:

    ●Experience Contract: Investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8
    ●BTC Classic Hash Power: Investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30
    ●DOGE Classic Hash Power: Investment amount: $3,500, contract period: 24 days, daily income of $50.4, expiration income: $3,500 + $1,209.6
    ●BTC Advanced Hash Power: Investment amount: $5,000, contract period: 29 days, daily income of $76.5, expiration income: $5,000 + $2,218.5
    ●BTC Advanced Hash Power: Investment amount: $10,000, contract period: 45 days, daily income of $173, expiration income: $10,000 + $7,785

    (Click here to view more high-yield contract details)

    3. After purchasing the contract, the system automatically allocates mining machines for users to mine, and the daily income is automatically sent to the user’s account.

    Who is suitable to join LET Mining?
    ★Investors who want stable crypto income;
    ★Newbies who are not good at trading but want to earn bonuses in the currency circle;
    ★People who hold mainstream cryptocurrencies such as USDT, BTC, and XRP;
    ★Freelancers and digital nomads who want to establish a passive income system;
    ★People who have social resources and are willing to achieve high income through referral models.

    The surge in Bitcoin prices is a signal from the market;
    LET Mining cloud mining is your tool to seize the opportunity.

    The rising trend of Bitcoin has created an excellent opportunity for cloud mining, and LET Mining’s low threshold and high return model allows ordinary investors to participate. Through a reasonable computing power investment strategy, some users have achieved amazing daily returns!

    Sign up for LET Mining now and start your Bitcoin mining wealth journey!

    Official website: https://letmining.com/ 
    Contact email: info@letmining.com

    Attachment

    The MIL Network

  • MIL-OSI: Cryptocurrency prices are soaring. Use LET Mining cloud mining to make your digital assets more profitable.

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 11, 2025 (GLOBE NEWSWIRE) — The cryptocurrency-friendly policies released by the United States have triggered a wave of digital assets. The current price of Bitcoin is $118,131, and the rise of Bitcoin has also spread to other cryptocurrencies.

    When the market value of Bitcoin reached $100 billion to $200 billion, few experienced capital allocators had access to investment opportunities. Today, the market value of Bitcoin has reached trillions of dollars, and almost all capital allocators in the world have access to investment opportunities.

    But now simply holding cryptocurrencies and waiting for appreciation can no longer create wealth myths. The cloud mining service launched by LET Mining provides global users with a low-threshold, high-return participation method, allowing users to have high returns every day and create new wealth myths!

    What is cloud mining?
    Cloud mining is a way for users to participate in cryptocurrency mining remotely without purchasing mining machines or having a technical background. It uses the concept of “cloud computing” to deploy mining equipment in professional data centers. Users only need to rent computing power online to get automatic daily income.

    Whether you know about cryptocurrency or not, you can participate and get fixed income every day.

    How to start using LET Mining to earn income every day?
    1. Use a browser to log in to the official website:https://letmining.com/ Register an account. After successful registration, you can get a $12 reward, and you can get $0.6 for logging in and signing in every day.

    2. Choose a cloud computing contract package that suits you. The platform provides flexible packages. The following are some cloud computing packages:

    ●Experience Contract: Investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8
    ●BTC Classic Hash Power: Investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30
    ●DOGE Classic Hash Power: Investment amount: $3,500, contract period: 24 days, daily income of $50.4, expiration income: $3,500 + $1,209.6
    ●BTC Advanced Hash Power: Investment amount: $5,000, contract period: 29 days, daily income of $76.5, expiration income: $5,000 + $2,218.5
    ●BTC Advanced Hash Power: Investment amount: $10,000, contract period: 45 days, daily income of $173, expiration income: $10,000 + $7,785

    (Click here to view more high-yield contract details)

    3. After purchasing the contract, the system automatically allocates mining machines for users to mine, and the daily income is automatically sent to the user’s account.

    Who is suitable to join LET Mining?
    ★Investors who want stable crypto income;
    ★Newbies who are not good at trading but want to earn bonuses in the currency circle;
    ★People who hold mainstream cryptocurrencies such as USDT, BTC, and XRP;
    ★Freelancers and digital nomads who want to establish a passive income system;
    ★People who have social resources and are willing to achieve high income through referral models.

    The surge in Bitcoin prices is a signal from the market;
    LET Mining cloud mining is your tool to seize the opportunity.

    The rising trend of Bitcoin has created an excellent opportunity for cloud mining, and LET Mining’s low threshold and high return model allows ordinary investors to participate. Through a reasonable computing power investment strategy, some users have achieved amazing daily returns!

    Sign up for LET Mining now and start your Bitcoin mining wealth journey!

    Official website: https://letmining.com/ 
    Contact email: info@letmining.com

    Attachment

    The MIL Network

  • MIL-OSI: Cryptocurrency prices are soaring. Use LET Mining cloud mining to make your digital assets more profitable.

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 11, 2025 (GLOBE NEWSWIRE) — The cryptocurrency-friendly policies released by the United States have triggered a wave of digital assets. The current price of Bitcoin is $118,131, and the rise of Bitcoin has also spread to other cryptocurrencies.

    When the market value of Bitcoin reached $100 billion to $200 billion, few experienced capital allocators had access to investment opportunities. Today, the market value of Bitcoin has reached trillions of dollars, and almost all capital allocators in the world have access to investment opportunities.

    But now simply holding cryptocurrencies and waiting for appreciation can no longer create wealth myths. The cloud mining service launched by LET Mining provides global users with a low-threshold, high-return participation method, allowing users to have high returns every day and create new wealth myths!

    What is cloud mining?
    Cloud mining is a way for users to participate in cryptocurrency mining remotely without purchasing mining machines or having a technical background. It uses the concept of “cloud computing” to deploy mining equipment in professional data centers. Users only need to rent computing power online to get automatic daily income.

    Whether you know about cryptocurrency or not, you can participate and get fixed income every day.

    How to start using LET Mining to earn income every day?
    1. Use a browser to log in to the official website:https://letmining.com/ Register an account. After successful registration, you can get a $12 reward, and you can get $0.6 for logging in and signing in every day.

    2. Choose a cloud computing contract package that suits you. The platform provides flexible packages. The following are some cloud computing packages:

    ●Experience Contract: Investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8
    ●BTC Classic Hash Power: Investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30
    ●DOGE Classic Hash Power: Investment amount: $3,500, contract period: 24 days, daily income of $50.4, expiration income: $3,500 + $1,209.6
    ●BTC Advanced Hash Power: Investment amount: $5,000, contract period: 29 days, daily income of $76.5, expiration income: $5,000 + $2,218.5
    ●BTC Advanced Hash Power: Investment amount: $10,000, contract period: 45 days, daily income of $173, expiration income: $10,000 + $7,785

    (Click here to view more high-yield contract details)

    3. After purchasing the contract, the system automatically allocates mining machines for users to mine, and the daily income is automatically sent to the user’s account.

    Who is suitable to join LET Mining?
    ★Investors who want stable crypto income;
    ★Newbies who are not good at trading but want to earn bonuses in the currency circle;
    ★People who hold mainstream cryptocurrencies such as USDT, BTC, and XRP;
    ★Freelancers and digital nomads who want to establish a passive income system;
    ★People who have social resources and are willing to achieve high income through referral models.

    The surge in Bitcoin prices is a signal from the market;
    LET Mining cloud mining is your tool to seize the opportunity.

    The rising trend of Bitcoin has created an excellent opportunity for cloud mining, and LET Mining’s low threshold and high return model allows ordinary investors to participate. Through a reasonable computing power investment strategy, some users have achieved amazing daily returns!

    Sign up for LET Mining now and start your Bitcoin mining wealth journey!

    Official website: https://letmining.com/ 
    Contact email: info@letmining.com

    Attachment

    The MIL Network

  • MIL-OSI USA: Chairman Capito Announces Funding for Statewide Truck Parking Project

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito
    CHARLESTON, W.Va. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Chairman of the Senate Environment and Public Works (EPW) Committee and a member of the Senate Appropriations Committee, announced a $24,837,048 grant for the West Virginia Department of Transportation (WVDOT) through the U.S. Department of Transportation (DOT) BUILD program. 
    This funding, which was made available through the Infrastructure Investment and Jobs Act, will construct truck parking capacity expansion improvements at three existing West Virginia Division of Highways (WVDOH) facilities along I-81, I-64, and I-79 in Berkeley, Cabell, Monongalia Counties. Chairman Capito authored a letter in support of the WVDOH’s application for this project earlier this year. 
    “Efforts to upgrade facilities along West Virginia portions of major interstates will enhance the safety of our drivers, support the regional and national movement of goods, and encourage economic investments across our state. As Chairman of the EPW Committee, I made this investment a priority and I’m thankful DOT recognized its importance. This support will help WVDOT and WVDOH continue their mission of safe and efficient transportation in West Virginia,” Chairman Capito said.

    MIL OSI USA News

  • MIL-OSI USA: Chairman Capito Announces Funding for Statewide Truck Parking Project

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito
    CHARLESTON, W.Va. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Chairman of the Senate Environment and Public Works (EPW) Committee and a member of the Senate Appropriations Committee, announced a $24,837,048 grant for the West Virginia Department of Transportation (WVDOT) through the U.S. Department of Transportation (DOT) BUILD program. 
    This funding, which was made available through the Infrastructure Investment and Jobs Act, will construct truck parking capacity expansion improvements at three existing West Virginia Division of Highways (WVDOH) facilities along I-81, I-64, and I-79 in Berkeley, Cabell, Monongalia Counties. Chairman Capito authored a letter in support of the WVDOH’s application for this project earlier this year. 
    “Efforts to upgrade facilities along West Virginia portions of major interstates will enhance the safety of our drivers, support the regional and national movement of goods, and encourage economic investments across our state. As Chairman of the EPW Committee, I made this investment a priority and I’m thankful DOT recognized its importance. This support will help WVDOT and WVDOH continue their mission of safe and efficient transportation in West Virginia,” Chairman Capito said.

    MIL OSI USA News

  • MIL-OSI Submissions: Africa – ATIDI Guarantee Backs Lending Consortium Led by BPR Bank Rwanda plc for Rwanda’s New International Airport, Boosting Regional Trade and Integration

    Source: Media Fast

    ·       ATIDI has approved a USD $84 million counter-guarantee to support issuance of bonds and guarantees for the construction of Rwanda’s New International Airport in Bugesera District.
    ·       BPR Bank Rwanda Plc, acting as Mandated Lead Arranger and Facility Agent, leads a consortium of lenders enabling the transaction.
    ·       The Project is a vital infrastructure that will accelerate Rwanda’s Vision 2050, its national strategy to become an upper-middle-income country by 2035 and a high-income economy by 2050.
    ·       This transaction is aligned with ATIDI’s strategic focus on empowering its member states to deliver impactful, transformative investments that spur growth, sustainability and regional integration.

    Kigali, 11th July 2025 – ATIDI has approved a USD84 million counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds and guarantees totaling over USD322 million. These guarantees have been extended to a joint venture of three contractors undertaking the construction of the New Bugesera International Airport, a transformative project poised to elevate Rwanda as a strategic hub for trade and logistics in Africa.

    The project, jointly developed by the Governments of Rwanda and Qatar, is a vital infrastructure that will accelerate Rwanda’s Vision 2050, its national strategy to become an upper-middle-income country by 2035 and a high-income economy by 2050. The airport is also aligned with the African Continental Free Trade Area (AfCFTA) framework, facilitating the free movement of goods, services and people across the continent.

    The airport, which is valued over USD2 billion, is scheduled for completion by mid-2028. ATIDI’s cover supports the three local banks including BPR Bank Rwanda Plc, Bank of Kigali (BK), and the Development Bank of Rwanda (BRD), benefitted directly from ATIDI’s risk mitigation, enabling them to issue guarantees beyond their Single Obligor Limits (SOL). The de-risking provided by ATIDI offers banks capital relief while ensuring smoother execution of infrastructure projects.

    The lending consortium led by BPR Bank Rwanda Plc, acting as Mandated Lead Arranger and Facility Agent on behalf of the contractors, also includes KCB Bank Kenya, a regional lender, which participated in the syndicate without recourse to ATIDI’s guarantee.

    Quote from Manuel Moses, Chief Executive Officer, ATIDI

    “ATIDI is proud to partner in Rwanda’s transformation and continental ambitions through this catalytic project, a central piece of the country’s development strategy. The new airport is not just about infrastructure, it’s about unlocking regional value chains and ensuring Africa trades more with itself. Our support demonstrates the value addition of ATIDI’s de-risking solutions in scaling up lending capacity and unlocking financing by banks to Rwanda’s development priorities”

    Quote from BPR (Mandated Lead Arranger)

    Patience Mutesi, Managing Director of BPR Bank Rwanda Plc, remarked “We are honored to lead this transformational financing effort. As Mandated Lead Arranger, BPR Bank Rwanda Plc is proud to play a pivotal role in unlocking capital for a project that will reshape Rwanda’s connectivity and competitiveness. This collaboration with ATIDI and our partner banks reflects our firm commitment to financing national development priorities and enabling long-term value through strategic infrastructure.”

    This transaction is aligned with ATIDI’s strategic focus on empowering its member states to deliver impactful, transformative investments that spur growth, sustainability and regional integration. Rwanda, a founding member of ATIDI, has been a consistent partner in leveraging risk mitigation to unlock capital and de-risk essential sectors.

    Currently, ATIDI has issued policies worth over USD1.45 billion in transaction value and holds a gross exposure of over USD611.9 million in Rwanda. These transactions span multiple sectors vital to the country’s development, including agriculture, forestry; fishing; construction; energy and gas; financial activities; information and communication; manufacturing; other services activities; public administration; trade and transportation; transporting and storage; as well as wholesale and retail trade.

    This broad sectoral engagement demonstrates ATIDI’s critical and transversal role in de-risking investments and catalyzing trade, infrastructure and socio-economic development across Africa.

    About ATIDI

    ATIDI was founded in 2001 by African States to cover trade and investment risks of companies doing business in Africa. ATIDI predominantly provides Political Risk, Credit Insurance and, Surety Insurance. Since inception, ATIDI has supported USD88 billion worth of investments and cross border trade into Africa. For more than a decade, ATIDI has consistently maintained a Financial Strength and Counterparty Credit rating of ‘A/Stable’ from Standard & Poor’s. In 2019, Moody’s assigned ATIDI an A3/Positive rating, which was subsequently upgraded to A2/Stable in 2024 and reaffirmed in 2025, reflecting the organization’s robust financial position and strong risk management practices. In recognition of its growing impact, ATIDI was named the Development Finance Institution (DFI) of the Year at the 2025 African Banker Awards.

    www.atidi.africa

    MIL OSI – Submitted News

  • MIL-OSI USA: Administrator Loeffler Joins President Trump to Offer Federal Support in Wake of Texas Disaster

    Source: United States Small Business Administration

    KERR COUNTY, TEXAS — Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), joined President Donald J. Trump in Kerr County, Texas to offer federal disaster relief after storms devastated the region. Alongside Department of Homeland Security (DHS) Secretary Kristi Noem, Department of Housing and Urban Development (HUD) Secretary Scott Turner, Department of Agriculture (USDA) Secretary Brooke Rollins, and members of Congress, Loeffler met with local leaders and received updates from state emergency management officials.

    “The tragic loss of life in Texas Hill Country is truly heartbreaking – but the strength and the support of this community is clear,” said Administrator Loeffler. “Our commitment extends far beyond today’s visit, and this Administration is mobilizing every available resource to aid in recovery. As President Trump said, the full force of the federal government is behind Texas – including the SBA, where we are already offering disaster loans and on-the-ground support for residents and small businesses. Our prayers remain with the people of Texas, and we will continue to stand shoulder to shoulder with them on the road to recovery.”

    As the agency announced earlier this week, SBA disaster relief is now available for Texas small businesses, residents, and private nonprofit (PNP) organizations affected by severe storms, straight-line winds, and flooding in seven counties. The disaster declaration covers the primary Texas county of Kerr which is eligible for both physical disaster loans and Economic Injury Disaster Loans (EIDL) from the SBA. Small businesses and most PNP organizations in the following adjacent counties are eligible to apply only for SBA EIDLs: Bandera, Edwards, Gillespie, Kendall, Kimble, and Real.

    Currently, the SBA has more than 70 staffers on the ground in Texas to assist with disaster recovery. The agency has also opened its first Business Recovery Center (BRC) in Kerr County, where individuals may come to receive hands-on assistance with disaster loan applications:

    SBA Business Recovery Center

    The YES Center at First Presbyterian Church

    823 North Street

    Kerrville, TX 87028

    Monday-Friday: 9:00 AM – 6:00 PM CT

    Saturday: 9:00 AM – 1:00 PM CT

    Texans affected by the flooding are encouraged to visit www.sba.gov/texas-floods or call SBA’s customer service center at 1-800-659-2955 to learn more about available aid.

    # # #

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: Administrator Loeffler Joins President Trump to Offer Federal Support in Wake of Texas Disaster

    Source: United States Small Business Administration

    KERR COUNTY, TEXAS — Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), joined President Donald J. Trump in Kerr County, Texas to offer federal disaster relief after storms devastated the region. Alongside Department of Homeland Security (DHS) Secretary Kristi Noem, Department of Housing and Urban Development (HUD) Secretary Scott Turner, Department of Agriculture (USDA) Secretary Brooke Rollins, and members of Congress, Loeffler met with local leaders and received updates from state emergency management officials.

    “The tragic loss of life in Texas Hill Country is truly heartbreaking – but the strength and the support of this community is clear,” said Administrator Loeffler. “Our commitment extends far beyond today’s visit, and this Administration is mobilizing every available resource to aid in recovery. As President Trump said, the full force of the federal government is behind Texas – including the SBA, where we are already offering disaster loans and on-the-ground support for residents and small businesses. Our prayers remain with the people of Texas, and we will continue to stand shoulder to shoulder with them on the road to recovery.”

    As the agency announced earlier this week, SBA disaster relief is now available for Texas small businesses, residents, and private nonprofit (PNP) organizations affected by severe storms, straight-line winds, and flooding in seven counties. The disaster declaration covers the primary Texas county of Kerr which is eligible for both physical disaster loans and Economic Injury Disaster Loans (EIDL) from the SBA. Small businesses and most PNP organizations in the following adjacent counties are eligible to apply only for SBA EIDLs: Bandera, Edwards, Gillespie, Kendall, Kimble, and Real.

    Currently, the SBA has more than 70 staffers on the ground in Texas to assist with disaster recovery. The agency has also opened its first Business Recovery Center (BRC) in Kerr County, where individuals may come to receive hands-on assistance with disaster loan applications:

    SBA Business Recovery Center

    The YES Center at First Presbyterian Church

    823 North Street

    Kerrville, TX 87028

    Monday-Friday: 9:00 AM – 6:00 PM CT

    Saturday: 9:00 AM – 1:00 PM CT

    Texans affected by the flooding are encouraged to visit www.sba.gov/texas-floods or call SBA’s customer service center at 1-800-659-2955 to learn more about available aid.

    # # #

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: Administrator Loeffler Joins President Trump to Offer Federal Support in Wake of Texas Disaster

    Source: United States Small Business Administration

    KERR COUNTY, TEXAS — Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), joined President Donald J. Trump in Kerr County, Texas to offer federal disaster relief after storms devastated the region. Alongside Department of Homeland Security (DHS) Secretary Kristi Noem, Department of Housing and Urban Development (HUD) Secretary Scott Turner, Department of Agriculture (USDA) Secretary Brooke Rollins, and members of Congress, Loeffler met with local leaders and received updates from state emergency management officials.

    “The tragic loss of life in Texas Hill Country is truly heartbreaking – but the strength and the support of this community is clear,” said Administrator Loeffler. “Our commitment extends far beyond today’s visit, and this Administration is mobilizing every available resource to aid in recovery. As President Trump said, the full force of the federal government is behind Texas – including the SBA, where we are already offering disaster loans and on-the-ground support for residents and small businesses. Our prayers remain with the people of Texas, and we will continue to stand shoulder to shoulder with them on the road to recovery.”

    As the agency announced earlier this week, SBA disaster relief is now available for Texas small businesses, residents, and private nonprofit (PNP) organizations affected by severe storms, straight-line winds, and flooding in seven counties. The disaster declaration covers the primary Texas county of Kerr which is eligible for both physical disaster loans and Economic Injury Disaster Loans (EIDL) from the SBA. Small businesses and most PNP organizations in the following adjacent counties are eligible to apply only for SBA EIDLs: Bandera, Edwards, Gillespie, Kendall, Kimble, and Real.

    Currently, the SBA has more than 70 staffers on the ground in Texas to assist with disaster recovery. The agency has also opened its first Business Recovery Center (BRC) in Kerr County, where individuals may come to receive hands-on assistance with disaster loan applications:

    SBA Business Recovery Center

    The YES Center at First Presbyterian Church

    823 North Street

    Kerrville, TX 87028

    Monday-Friday: 9:00 AM – 6:00 PM CT

    Saturday: 9:00 AM – 1:00 PM CT

    Texans affected by the flooding are encouraged to visit www.sba.gov/texas-floods or call SBA’s customer service center at 1-800-659-2955 to learn more about available aid.

    # # #

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: Administrator Loeffler Joins President Trump to Offer Federal Support in Wake of Texas Disaster

    Source: United States Small Business Administration

    KERR COUNTY, TEXAS — Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), joined President Donald J. Trump in Kerr County, Texas to offer federal disaster relief after storms devastated the region. Alongside Department of Homeland Security (DHS) Secretary Kristi Noem, Department of Housing and Urban Development (HUD) Secretary Scott Turner, Department of Agriculture (USDA) Secretary Brooke Rollins, and members of Congress, Loeffler met with local leaders and received updates from state emergency management officials.

    “The tragic loss of life in Texas Hill Country is truly heartbreaking – but the strength and the support of this community is clear,” said Administrator Loeffler. “Our commitment extends far beyond today’s visit, and this Administration is mobilizing every available resource to aid in recovery. As President Trump said, the full force of the federal government is behind Texas – including the SBA, where we are already offering disaster loans and on-the-ground support for residents and small businesses. Our prayers remain with the people of Texas, and we will continue to stand shoulder to shoulder with them on the road to recovery.”

    As the agency announced earlier this week, SBA disaster relief is now available for Texas small businesses, residents, and private nonprofit (PNP) organizations affected by severe storms, straight-line winds, and flooding in seven counties. The disaster declaration covers the primary Texas county of Kerr which is eligible for both physical disaster loans and Economic Injury Disaster Loans (EIDL) from the SBA. Small businesses and most PNP organizations in the following adjacent counties are eligible to apply only for SBA EIDLs: Bandera, Edwards, Gillespie, Kendall, Kimble, and Real.

    Currently, the SBA has more than 70 staffers on the ground in Texas to assist with disaster recovery. The agency has also opened its first Business Recovery Center (BRC) in Kerr County, where individuals may come to receive hands-on assistance with disaster loan applications:

    SBA Business Recovery Center

    The YES Center at First Presbyterian Church

    823 North Street

    Kerrville, TX 87028

    Monday-Friday: 9:00 AM – 6:00 PM CT

    Saturday: 9:00 AM – 1:00 PM CT

    Texans affected by the flooding are encouraged to visit www.sba.gov/texas-floods or call SBA’s customer service center at 1-800-659-2955 to learn more about available aid.

    # # #

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Island Games come to Scotland

    Source: Scottish Government

    Games are part of a four-year pipeline of major events.

    The largest event ever hosted in Orkney begins today, as part of four years of international sport in Scotland which are expected to attract tens of thousands of visitors and provide a significant economic boost.

    Orkney is welcoming more than 1,600 athletes from 24 island groups for the 20th International Island Games, which run until 18 July. Orkney is the smallest island group to ever host the Games and competitors have come from as far afield as the Falklands, the Cayman Islands, Saaremaa in Estonia and Åland in Finland.

    It is the first of a series of high-profile sporting events being hosted in Scotland, which include this weekend’s Genesis Scottish Open, the 2026 Commonwealth Games, the 2027 Grand Départ of the Tour de France, the 2027 Open Championship and the 2028 UEFA European football championships.

    The Scottish Government invests in major events to maximise local and national economic benefits. At the end of 2024, it was revealed that the last Open Championship in Scotland added more than £300 million to the economy, highlighting the scale of opportunity for the next four years.

    Business Minister Richard Lochhead said:

    “The Orkney Island Games represent a significant opportunity to drive economic growth and build a lasting legacy for people and businesses in Orkney and beyond.

    “They also provide a taste of what is to come and illustrate our wider ambition to make sure every corner of Scotland benefits from the prestigious events we are increasingly able to attract.  

    “This is a team effort and the benefits go way beyond the events themselves. The global platform they provide enables us to highlight Scotland to tourists, businesses and potential inward investors across the world.”

    Background

    Information about the Orkney 2025 International Island Games is available online.

    MIL OSI United Kingdom

  • MIL-OSI New Zealand: Support – ASB offers support for customers affected by severe weather

    Source: ASB

    With the effects of severe weather being felt across much of the country, ASB is offering a range of support options for customers impacted by weather this weekend.

    Tailored support for personal, farming and business customers affected by weather will be offered on a case-by-case basis, with options including:

    • Deferring loan repayments for up to three months or interest only for three months.
    • Immediate consideration of requests for emergency credit card limit increases and overdraft facilities.
    • Tailored solutions for eligible ASB business and rural customers including access to working capital of up to $100,000.

    ASB Executive General Manager for Personal Banking Adam Boyd says ASB wants to hear from any customers needing financial assistance or support.

    “It’s concerning to see Nelson Tasman being challenged again, with locals already dealing with the fallout from recent weather events. We understand this is a very tough time for the region. We encourage any personal, business or farming customers who are worried about money as a result of this weekend’s storms to please get in touch. Our teams have practical options available and we’re here to help.”

    Personal customers needing support should call ASB’s contact centre on 0800 803 804. Alternatively, customers can email hardship@asb.co.nz.  Affected ASB business and rural customers should speak to their relationship manager or call 0800 272 287.

    Further detail on available support is available at Extreme support l ASB. More information and full terms, fees and charges can be found on ASB’s website.

    MIL OSI New Zealand News

  • MIL-OSI Canada: Minister Tim Hodgson at the Closing Press Conference,  2025 Energy and Mines Ministers’ Conference (EMMC), July 11, 2025

    Source: Government of Canada News

    Good afternoon, everyone. Bonjour.

    I want to begin by acknowledging the current wildfire situation in Manitoba, and particularly those from Snow Lake and Garden Hill who have been evacuated. The Canadian Armed Forces are on the ground assisting with these emergencies, and my heart goes out to every person in my home province currently affected. Your federal government is here to support you today and to rebuild with you when that time comes.

    At this pivotal time for Canada — a time when thirteen jurisdictions and the federal government are unified in a way I’ve never seen in my lifetime —  it was a privilege to co-chair my first Energy and Mines Ministers’ Conference as Federal Minister of Energy and Natural Resources.

    Thank you to my co-chair, Gilles Arsenault, for hosting this event — here in the birthplace of Confederation, no less. It’s hard to think of a better place to spend a few Canadian summer days than Charlottetown. 

    Over the past few days, federal, provincial and territorial partners came to the table for honest, forward-looking discussions.

    We also had productive exchanges with national and regional Indigenous leaders, and were privileged to hear their thoughts on how to transform how we think about Indigenous partnership in major projects.

    Let’s be clear: Indigenous Peoples are not just participants in our economy. They are rights holders. They are the original stewards of this land. They are governments. They are builders.

    If we are serious about retooling our economy, then economic reconciliation must be front and centre. 

    From advancing “one project, one review” to reducing duplication and advancing new infrastructure, the goals of this meeting were clear: we need to build faster; strengthen regional economies; advance economic reconciliation and clean growth; enhance Canada’s global competitiveness; and secure our rightful place as an energy and resource superpower.

    If this sounds ambitious, that’s because it is. But one government cannot do it alone. What is clear is we must work together as one Canada.

    On the federal side, to begin making this vision a reality just two weeks ago we passed the One Canadian Economy Act — a nation-building piece of legislation that will ensure Canada builds the strongest economy in the G7.

    It’s an important step toward improving Canadian productivity, growth, economic competitiveness and — crucially — regulatory certainty.

    That is an imperative, and an urgent one at that. 

    Because, let’s face it: Global economies and markets are more volatile than they have been at any time since the Second World War. President Trump’s tariffs are disrupting trade and impacting our natural resources, energy, mining, manufacturing and many other sectors.

    However, despite what the President may say, Canada has many important cards in these negotiations. And several of the most important ones are energy and natural resources. 

    At the G7, it was abundantly clear: Canada has the energy and minerals the world wants.

    That’s why, in Kananaskis, Canada led the way in forming an agreement to take decisive action to respond to supply chain vulnerabilities through the Critical Minerals Action Plan.

    This includes the recently announced Critical Minerals Production Alliance, which will help to mobilize capital, reduce our dependence on non-democratic suppliers and reward countries that, like Canada, mine the right way: with high environmental and labour standards.

    Following on that, at this year’s EMMC, Ministers agreed to identify priority critical minerals projects that could be leveraged by the Critical Minerals Production Alliance. This will further position Canada as a leader in disrupting non-allied dominance in the sector by de-risking projects, enhancing certainty and supporting economically viable production.

    We will also take steps to strengthen mineral titles policies to protect Canada’s mineral potential and national security.

    Finally, all thirteen jurisdictions and Canada agreed to work together to use AI together to strengthen Canada’s geoscience data assets to support critical mineral exploration and attract investment. After all, as the Prime Minister always says, we can give ourselves more than anyone else can take away, and that starts with the minerals beneath our feet. 

    To serve as a model, we partnered today with the Northwest Territories on a pilot project to scan, digitize and analyze drill cores from their collection to highlight new areas of high critical mineral potential, especially in the Northwest Territories’ Slave Geological Province, one of Canada’s most promising regions for mineral exploration and critical mineral development.

    These core scans and their associated data will be made available through a centralized digital platform, helping to reduce exploration risk, re-evaluate existing discoveries, spur investment and accelerate new mineral development — all without further land disturbance.

    We are also having advanced conversations with British Columbia and Ontario, and I expect to have more to share in the coming days on that.

    A key part of our discussions also centred around building major projects. There was consensus that we can — and must — do better together to get things built and grow our economy, both to access new markets and to furnish domestic resilience.

    To keep this momentum going, Energy and Mining Ministers will come together again in the fall to ensure progress on key initiatives, including designating projects of national interest under the One Canadian Economy Act.

    Let me close with this. Canada is, at its core, an energy and mining nation. It touches, in different ways, every single part of this country. 

    In 1858, the first major oil discovery in North America occurred in Oil Springs, Ontario, where James Miller Williams drilled the continent’s first commercial oil well, leading to incorporation of Canada’s first oil company. 

    Forty years later and further west, the Klondike Gold Rush drew tens of thousands north into the Yukon, a place most of the world saw simply as a frigid wilderness. But after less than ten years, the Yukon’s first hydro plant was developed to power the gold dredges near Dawson City. 

    At the time, hydroelectric power was just beginning to spread around the world globally. Yet Canada, with its rushing rivers and glacier-fed lakes, had already begun harnessing water to generate electricity. By 1910, we had become one of the largest producers of hydroelectricity in the world.

    Canadian ingenuity in harnessing hydropower was also taking off in Quebec and powering new industries that changed the face of the province. In 1901, the first ingot of Canadian aluminum was cast at the Shawinigan Aluminum Smelting Complex, the oldest still in existence in North America. Using hydroelectric power, industrial production at this complex on the Saint-Maurice River began a new era of heavy industry and established the long-standing alliance between the hydroelectric and aluminum industries.

    By the 1940s, Canada had added uranium to its growing portfolio, and mines in the Northwest Territories became essential to the Allied nuclear program in the Second World War, supplying uranium under top-secret agreements to support our fight against the Axis powers. Post-war, discoveries of significant deposits in Saskatchewan clinched our spot as a leader in mining and nuclear energy.

    Then came Alberta. It was 1947, and after drilling 133 dry holes in a row, Imperial Oil was about to abandon oil exploration altogether. Leduc No. 1, about 15 kilometres west of Edmonton and more than 80 kilometres from any previous drilling sites, was one of six “last-chance” wells for the company. 

    But when they struck oil there on a chilly February morning, it marked the dawn of Canada’s modern oil era — leading to further discoveries that transformed the province into a major oil producer and moved Canada away from relying on the U.S. and toward self-sufficiency.

    Smaller provinces have played outsized roles in this country’s energy and mining story. Prince Edward Island has emerged as a national leader in renewable power, with 99 percent of power generation on the island coming from wind farms. In fact, there are several times a year when P.E.I .is producing so much renewable energy that a province that has traditionally needed to import power becomes an energy exporter.

    I could go on and speak to how every single one of our thirteen provinces and territories has a story when it comes to energy and natural resources; but I don’t think anyone wants to hear me talk for that long.

    However, the reason I mention all of this is to show how deeply embedded energy and natural resources are in the story of Canada, a country I love deeply.

    That means I see my job as Minister of Energy and Natural Resources as not just about industries but also about national unity.

    As the Prime Minister says, we can give ourselves more than any country can take away.

    Our resources give us tinder and kindling. Our innovation and workers are the fuel. Now, it is time for all thirteen governments to come together and light the match to start the fire.

    To start to build big things again, in a responsible, environmentally conscious way. To use our resources to create prosperity that will lift all boats, so that every single Canadian — no matter where they live — can have a good education, a roof over their head, a stable job and, most importantly, a fair shot.

    We will act. We will deliver. And we will show results — for Canadian workers, for businesses and for communities.

    Canada will no longer be defined by delay but by delivery. Together, we will rise to the challenge.

    Thank you. Merci.

    MIL OSI Canada News

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    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 assume no responsibility for any inaccuracies, errors, or omissions. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    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 assume no responsibility for any inaccuracies, errors, or omissions. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    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 assume no responsibility for any inaccuracies, errors, or omissions. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    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 assume no responsibility for any inaccuracies, errors, or omissions. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network

  • MIL-OSI: FirstCash Announces Settlement of CFPB Litigation Related to Military Lending Act

    Source: GlobeNewswire (MIL-OSI)

    FORT WORTH, Texas, July 11, 2025 (GLOBE NEWSWIRE) — FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), a leading international operator of over 3,000 retail pawn stores in the U.S. and Latin America, today announced that it has reached a settlement with the Consumer Financial Protection Bureau (“CFPB”) regarding alleged violations of the Military Lending Act.

    Rick Wessel, CEO of FirstCash, stated, “We are pleased to have reached this agreement with the CFPB. While we disagree with the CFPB’s allegations regarding our military lending practices, we believe that agreeing to this settlement and putting this matter behind us is the best path forward for the Company. We remain committed to  best meeting the needs of our customers, including members of the military and their families, and to continue providing excellent service.”

    As part of the settlement, which remains subject to final court approval, FirstCash has agreed to offer a new pawn lending product for covered members of the U.S. military and their immediate families and dependents. Additionally, the Company will pay consumer redress in fees or principal returned to affected customers, which is estimated to be between $5 million and $7 million, and a $4 million fine to the CFPB victims relief fund. The financial impact of the settlement will be reflected in the Company’s GAAP financial results for the second quarter of 2025.

    About FirstCash

    FirstCash is a leading international operator of pawn stores focused on serving cash and credit-constrained consumers. FirstCash’s more than 3,000 pawn stores in the U.S. and Latin America buy and sell a wide variety of jewelry, electronics, tools, appliances, sporting goods, musical instruments and other merchandise, and make small non-recourse pawn loans secured by pledged personal property. FirstCash’s pawn segments in the U.S. and Latin America currently account for approximately 80% of annualized segment earnings, with the remainder provided by its wholly owned subsidiary, AFF, which provides lease-to-own and retail finance payment solutions for consumer goods and services.

    FirstCash is a component company in both the Standard & Poor’s MidCap 400 Index® and the Russell 2000 Index®. FirstCash’s common stock (ticker symbol “FCFS”) is traded on the Nasdaq, the creator of the world’s first electronic stock market. For additional information regarding FirstCash and the services it provides, visit FirstCash’s websites located at http://www.firstcash.com and http://www.americanfirstfinance.com.

    For further information, please contact:
    Gar Jackson
    Global IR Group
    Phone: (817) 886-6998
    Email: gar@globalirgroup.com

    Doug Orr, Executive Vice President and Chief Financial Officer
    Phone: (817) 258-2650
    Email: investorrelations@firstcash.com
    Website: investors.firstcash.com

    The MIL Network