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  • MIL-OSI Russia: More than 300 Chinese companies are ready to take part in the 9th China-Russia EXPO in Yekaterinburg – Ministry of Commerce of the People’s Republic of China

    Translation. Region: Russian Federal

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

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

    BEIJING, July 3 (Xinhua) — The 9th China-Russia Expo will be held from July 7 to 10, 2025, in the Russian city of Yekaterinburg, Chinese Ministry of Commerce spokesperson He Yongqian said at a regular ministry press conference on Thursday.

    More than 300 Chinese companies are ready to participate in the Expo. The exhibits of these enterprises cover such fields as electromechanical products, agriculture, medicine, digital economy and new energy, He Yongqian said.

    According to her, this year’s EXPO is held under the motto “Practical Cooperation between China and Russia: Sustainable Development.” Five main exhibition zones will be created, including the central exhibition zone, interregional cooperation zones, trade and economic exchanges, industrial projects, and cultural and tourism consumption zones.

    In addition, the upcoming EXPO will also host a number of events to promote bilateral trade in order to create favorable platforms for interregional cooperation and interaction between the business communities of the two countries, she said.

    “We invite partners at home and abroad to actively participate in the 9th China-Russia EXPO to deepen mutual understanding and share development opportunities through this platform,” she said. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with Austria

    Source: IMF – News in Russian

    July 3, 2025

    • Austria has experienced two successive years of recession under weak domestic and external demand, triggered by the energy price shock and subsequent euro area monetary tightening. Despite weak demand and some easing in labor market conditions, inflation at around 3 percent year-on-year still exceeds inflation in the euro area by about 1 percentage point, with sticky services inflation and the lapsing of energy price relief policies causing headline inflation to rise. The fiscal deficit widened to 4.7 percent of GDP in 2024 due to the weak economy, lagged effects of inflation, and one-off expenditures, among other factors, resulting in an increase in public debt to 81 percent of GDP.
    • The growth outlook continues to remain weak for 2025, reflecting planned fiscal consolidation and heightened global trade barriers and trade policy uncertainty. A return to growth is expected from 2026 onwards, though the medium-term growth and fiscal outlook faces significant headwinds from demographic aging and sluggish productivity growth.
    • The outlook is subject to risks in both directions. Downside risks to growth predominate, including from increased global trade policy uncertainty and protracted weak sentiment. Upside risks include a faster-than-expected rebound in private demand or easing of global trade tensions.

    Washington, DC – [July 3, 2025]: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation26F[1] with Austria. The authorities have consented to the publication of the Staff Report prepared for this consultation.27F[2]

    Executive Board Assessment28F[3]

    Austria faces a challenging economic situation. Following two successive years of recession triggered by the energy-price shock and subsequent euro-area monetary tightening, the growth outlook remains weak for 2025, reflecting sizable planned fiscal consolidation and heightened global trade barriers and uncertainty. GDP is expected to recover more strongly from 2026 onwards under the baseline scenario. Nevertheless, the near-term outlook faces significant risks, including from global trade policy uncertainty and related uncertain financial conditions, which could affect economic sentiment and demand. Inflation in 2025Q1 still well exceeds the euro-area average and is only expected to close the gap gradually by end-2026. While Austria’s external position in 2024 is assessed as broadly in line with the level implied by medium-term fundamentals and desired policy settings, Austria’s competitiveness could be undermined over time if inflation convergence does not occur, which could happen if productivity-adjusted wage growth persistently exceeds the euro-area average. Moreover, headwinds from population aging and sluggish productivity growth will continue to constrain medium-term growth prospects, absent significant reforms. Major new fiscal adjustment measures are also needed over the medium term to put the debt ratio back on a downward path while offsetting rising spending pressures from aging, defense, the green transition, and interest payments.

    The government’s near-term fiscal consolidation measures will help reduce inflationary pressures and slow the rise in debt. The government’s announced fiscal measures for 2025 are expected to lower the deficit and are sufficient for 2025 given the weak economy. If near-term downside risks materialize, the authorities should let automatic stabilizers operate freely to avoid an excessive drag on growth, with measures deployed to protect the most vulnerable in the event of a severe downturn.

    A bold and well-designed package of consolidation measures can yield significant savings over the medium term. The authorities should aim to cut the deficit to below 2 percent of GDP to put the debt ratio on a declining path. To achieving this while offsetting rising spending pressures, the authorities could consider some combination of gradually reducing pension replacement rates, which are among the highest in the EU; limiting public-sector wage increases; increasing health-care spending efficiency; and eliminating environmentally harmful subsidies, along with greater reliance on property, inheritance, gift, and excise taxes—taxes that are all somewhat low in Austria compared to the European average. Gradually increasing the national carbon price could generate additional fiscal resources, help prepare for anticipated higher carbon prices under EU ETS2, and encourage efficient carbon mitigation in service of Austria’s ambitious decarbonization goals.

    Reforms to increase labor supply and reduce regulatory barriers could significantly boost medium and long-term growth. Boosting labor supply by narrowing the gap in full-time work by females and in labor force participation among elderly workers relative to the EU average could offset more than 20 years of demographic aging in terms of the effect on GDP. In this regard, ongoing efforts to provide more childcare are welcome and should be deepened by further expanding childcare and eldercare facilities, undertaking pension reforms that incentivize longer working lives, and continuing efforts to better integrate immigrants into the work force. The growth outlook could be further improved by stepping up efforts to cut red tape in services sectors where regulatory barriers remain high, speed the approval of renewable energy projects, and reduce regulatory bottlenecks in housing supply, including by easing land-use regulations. Measures to promote capital market finance for firms, especially equity financing for young firms at different stages of growth, could foster more innovation and entrepreneurship, as could ongoing efforts to strengthen ecosystems of collaboration between academia and industry.

    Deepening the EU Single Market is also critical for improving Austria’s productivity and economic growth. Intra-EU trade barriers remain significant. Reducing these barriers and deepening the EU Single Market, including through reforms such as Savings and Investment Union and the establishment of harmonized rules for businesses operating in different jurisdictions (i.e., creating and implementing a well-designed common 28th corporate regime) could allow firms to better leverage economies of scale and catalyze financing for innovative ideas. Further energy market integration within the EU would help reduce the level and variability of energy costs. Supporting such reforms is one of the most important steps that Austria could take to boost productivity and growth across both Austria and Europe.

    The financial sector remains healthy and macroprudential policies are broadly appropriate, but continued vigilance on potential credit risks is warranted. Banks face potential credit risks, including from nonfinancial corporates affected by the rise in global trade barriers and trade policy uncertainty. To mitigate these risks and prepare for an expected normalization of bank profits from recent highs, the authorities should continue to encourage banks to value collateral conservatively, ensure adequate risk provisions, and remain prudent in profit distributions, including to build resilience to shocks and invest in infrastructure to safeguard against cyberthreats. Regarding the borrower-based measures for residential real estate lending, which are set to lapse in July 2025, the new government should consider legislation to adopt these measures as permanent instruments, as they are consistent with international standards for prudent underwriting. Meanwhile, supervisors should remain vigilant that banks adhere closely to the proposed lending guidelines that will replace the borrower-based measures. Regarding CRE risks, the introduction of the SSyRB set at 1 percent of CRE assets is welcome, and the authorities should continue their efforts to close macroprudential CRE data gaps. The current setting of the CCyB at zero remains appropriate given weak credit growth. Implementing key outstanding recommendations from IMF staff’s 2020 Financial System Stability Assessment would further strengthen the framework for financial sector oversight and safety mechanisms.

     

    Table 1. Austria: Selected Economic Indicators, 2022–26

    Population (million, 2024):

    9.1

     Per capita GDP: 

    $56,216

    Quota (SDR million, current):

    3932.0

     Literacy rate 1/:

    100%

    Main products and exports:

    Diversified

     Poverty rate 2/:

    14.9%

    Key exports markets:

    Germany, CESEE

    		      

    2022

    2023

    2024

    2025

    2026
         

    Proj.

                                                                  

    		          

     

    		          

    Output

    		          

         Real GDP growth (%)

    5.4

    -0.9

    -1.3

    -0.1

    0.8

    w

    Employment

    		          

         Unemployment (Harmonized) (%)

    4.7

    5.1

    5.4

    5.6

    5.5

    W

    Ww

    		      

    Prices

    		          

         Inflation (%, average)

    8.6

    7.7

    2.9

    3.2

    1.7
             

    General government finances

    		          

         Revenue (% of GDP)

    49.7

    50.1

    51.6

    52.0

    52.1

         Expenditure (% of GDP)

    53.1

    52.7

    56.3

    56.3

    56.3

         Fiscal balance (% of GDP)

    -3.4

    -2.6

    -4.7

    -4.3

    -4.1

         Public debt (% of GDP)

    78.4

    78.5

    81.2

    82.8

    84.0
             

    Money and credit 

    		          

         Broad money (% change)

    5.2

    -0.1

    4.3

    3.0

    3.2

         Credit to the private sector (% change) 3/

    6.2

    0.2

    0.5

    1.1

    2.0
             

    Balance of payments

    		          

         Current account (% of GDP)

    -0.9

    1.3

    2.4

    2.6

    2.9

         FDI (% of GDP, net)

    0.0

    1.1

    0.3

    0.3

    0.3

         Reserves (months of imports) 

    1.3

    1.2

    1.6

    1.6

    1.6

         External debt (% of GDP)

    150.8

    152.3

    157.8

    161.0

    163.6
             

    Exchange rates

    		          

         REER (% change)

    0.2

    1.8

    0.5

    …

    …

    Sources: Authorities, and staff estimates and projections.

    1/ Percent of population aged 15-74 with education attainment between pre-primary and tertiary education.

    2/ 2022, at risk of poverty rate after social transfers.

    3/ Households and non-financial corporations. Exchange rate adjusted.
                       

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The staff report will be shortly published on the www.imf.org/Austria page.  

    [3] At the conclusion of the discussion, the Managing Director, as Chair of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Camila Perez

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/07/02/pr-25237-austria-imf-concludes-2025-art-iv-consult

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI New Zealand: Property Market – Modest value growth in NZ property re-emerges in June – Cotality NZ

    Source: Cotality NZ

    Property values in Aotearoa New Zealand ticked up by +0.2% in June, reversing two minor monthly falls of -0.1% apiece in April and May, according to Cotality NZ’s latest hedonic Value Index (HVI).

    At $815,389 in June, property values remain -16.1% down from the January 2022 peak, however they have managed to edge up by a total of +1.1% since September last year and by +0.6% in 2025 so far.

    Values around the main centres were either flat in June or up slightly. Tāmaki Makaurau Auckland and Te Whanganui-a-Tara Wellington were stable, but there was a +0.2% rise in Ōtepoti Dunedin, +0.3% in Kirikiriroa Hamilton, and +0.6% each in Tauranga and Ōtautahi Christchurch.

    Cotality NZ (formerly CoreLogic) Chief Property Economist Kelvin Davidson said the result emphasised the current variability of the market.

    “On one hand, mortgage rates have come down a long way, and that benefits borrowers whether they’re in Whangārei or Winton. But the normal upwards influence this would tend to have on sales volumes and property values is currently being dampened by other forces.”

    “In particular, the abundance of listings on the market means most buyers aren’t in a rush and can be quite tough when it comes to price negotiations.”

    “The subdued labour market remains an important factor, too. After all, it’s not only the direct job losses that are problematic, but a reduction in security for those who have kept their jobs will also be weighing on the property market.”

    “Of course, problems for some are opportunities for others, and a soft market is providing plenty of scope for first home buyers.”

    “Mortgaged multiple property owners also remain on the comeback trail, particularly at the smaller end – those buying their first rental investment, or perhaps their second.”

    National and Main Centres
    Region
    Change in dwelling values
    Month
    Quarter
    Annual
    From peak
    Median value
    Tāmaki Makaurau Auckland
    0.0%
    -0.4%
    -1.0%
    -20.9%
    $1,079,747
    Kirikiriroa Hamilton
    0.3%
    0.5%
    2.0%
    -10.0%
    $752,125
    Tauranga
    0.6%
    0.1%
    -1.1%
    -16.5%
    $915,657
    Te-Whanganui-a-Tara Wellington*
    0.0%
    -1.0%
    -5.0%
    -24.6%
    $797,457
    Ōtautahi Christchurch
    0.6%
    0.8%
    2.5%
    -4.5%
    $678,364
    Ōtepoti Dunedin
    0.2%
    0.2%
    -0.4%
    -10.7%
    $614,656
    Aotearoa New Zealand
    0.2%
    -0.1%
    -0.7%
    -16.1%
    $815,389

    Tāmaki Makaurau Auckland
    June was another variable month for the sub-markets across Tāmaki Makaurau Auckland, with Papakura down by -0.7%, and North Shore, Rodney, Waitakere, and Manukau also recording modest falls. By contrast, Auckland City recorded a +0.3% rise and Franklin was up by +0.5%.
    Most of these areas remain lower than three months ago as well, although Auckland City has edged higher by +0.2% since March.

    Mr Davidson said: “There have been hints in the past few months that the stock of listings available on the market in Tāmaki Makaurau Auckland has started to drop slightly. But listings remain high, and, as with many other parts of the country, this means buyers still have the upper hand.”

    “In this environment, it’s not surprising to see continued patchiness in values around the super-city.”

    Te Whanganui-a-Tara Wellington

    Generally speaking, June was also another subdued month for property values in the wider Te Whanganui-a-Tara Wellington area.

    Indeed, Te Awa Kairangi ki Tai Lower Hutt edged down by -0.2%, Wellington City and Kāpiti Coast were flat, while Porirua and Te Awa Kairangi ki Uta Upper Hutt managed modest increases of +0.1-0.2%. Only Kāpiti Coast has shown a (small) rise since March.

    “Te Whanganui-a-Tara Wellington’s previous sharp downturn in property values seems to have come to an end, no doubt reflecting the influence of lower mortgage rates. But values are yet to show any clear upwards trend, and alongside high levels of listings, the uncertainty around public sector employment is likely to remain a restraining factor in Te Whanganui-a-Tara Wellington too,” said Mr Davidson.

    Regional results
    Outside the main centres, property values were a mixed bag in June.

    For example, Rotorua was down by -0.7%, with Tūranganui-a-Kiwa Gisborne, Whanganui, and Heretaunga Hastings all dropping modestly. But Whangārei, Te Papaioea Palmerston North, Waihōpai Invercargill, and Tāhuna Queenstown saw rises in June of least +0.4%.

    “It’s always difficult to cast a wide net over every region and conclude that any one factor is driving provincial housing markets. At present, for example, lower mortgage rates are obviously a common factor, while some will be faring better than others off the back of a strong dairy sector.”

    “Ultimately, the wider economic uncertainty we’re currently seeing and a subdued labour market still seem to be causing property market variability from month to month in a number of regions,” added Mr Davidson.

    Property market outlook
    Looking ahead, Mr Davidson suggested that ‘caution’ remains a key word.

    “In this environment where buyers have the upper hand and economic sentiment remains subdued, it’s hard to see these ‘flat’ housing market conditions suddenly turning around within a month or two.”

    “The Reserve Bank’s upcoming official cash rate decisions, including a probable hold next week on Wednesday 9th, aren’t likely to sway the housing market too much.”

    “One factor that has been getting attention lately is the potential boost to the economy and property market that might be provided as existing mortgage-holders reprice from a current average rate of around 5.9% down towards prevailing interest rates of 5% or less. But some might save that extra cash or even keep their repayments the same and reduce the term of the loan.”

    “In other words, for every upwards influence on the housing market at present, you can probably find a downwards factor. All in all, given that values have only risen by less than 1% over the first half of 2025, a modest calendar year gain in the range of 2-3% now seems on the cards, rather than anything stronger,” Mr Davidson concluded.

    For more property news and insights, visit www.corelogic.co.nz/news-research.

    Notes:
    The Cotality Hedonic Home Value Index (HVI) is calculated using a hedonic regression methodology that addresses the issue of compositional bias associated with median price and other measures. In simple terms, the index is calculated using recent sales data combined with information about the attributes of individual properties such as the number of bedrooms and bathrooms, land area and geographical context of the dwelling. By separating each property into its various formational and locational attributes, observed sales values for each property can be distinguished between those attributed to the property’s attributes and those resulting from changes in the underlying residential property market. Additionally, by understanding the value associated with each attribute of a given property, this methodology can be used to estimate the value of dwellings with known characteristics for which there is no recent sales price by observing the characteristics and sales prices of other dwellings which have recently transacted. It then follows that changes in the market value of the entire residential property stock can be accurately tracked through time.

    The detailed ‘frequently asked questions’ and methodological information can be found at:https://www.corelogic.co.nz/our-data/hedonic-index

    MIL OSI New Zealand News –

  • MIL-OSI: NANO Nuclear Announces Platinum Sponsorship and Participation in Panel Discussion at the Defense Strategies Institute’s 7th Annual DoD Energy & Power Summit.

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., July 03, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it is the Platinum Sponsor of the upcoming Defense Strategies Institute’s 7th Annual DoD Energy & Power Summit to be held on July 9-10, 2025, at the National Housing Center in Washington, DC.

    NANO Nuclear Energy Chief Executive Officer James Walker will participate in a panel discussion titled, “Exploring Cutting Edge Nuclear Energy Solutions for Defense Applications” at 11:10am on July 9th. This panel will delve into the rapidly evolving landscape of nuclear energy technologies and their potential to revolutionize defense capabilities. It will also discuss the cutting-edge advancements in nuclear reactor designs, including small modular reactors (SMRs) and microreactors, and their suitability for powering remote military installations, advanced weapon systems, and future propulsion technologies.

    The panel will additionally feature leaders of key United States nuclear research and oversight organizations, including the Deputy Assistant Secretary for Nuclear Reactors, Department of Energy Dr. Rian Bahran, SES; Associate Laboratory Director, Nuclear Science & Technology Directorate, Idaho National Laboratory Jess Gehin, Ph. D., and the Director of Nuclear Engineering Program, Virginia Tech Research Center Alireza Haghighat Ph.D.

    “The momentum behind our work to deliver mobile, resilient nuclear power solutions continues to grow, and I look forward to discussing their potential defense applications during the panel,” said James Walker, Chief Executive Officer of NANO Nuclear. “This summit offers a valuable forum to engage directly with energy leaders from the government and the Department of Defense, and I expect productive, and important conversations.”

    Figure 1 – NANO Nuclear Announced as the Platinum Sponsor of the DoD Energy & Power Summit, held on July 9-10, 2025, at the National Housing Center in Washington, DC.

    The Department of Defense is the single largest energy consumer in the United States and consumes approximately 76% of federal energy consumption. This year’s DoD Energy and Power Summit will provide a forum for members of the DoD, Military Services, Federal Government, Industry, and Academia, and other leading stakeholders to enhance energy efficiency, resiliency, affordability, and security across the Department of Defense and federal government. This “town-hall” style summit will allow attendees to hear first-hand from decision makers and engage in meaningful conversations and discussions on US energy and power initiatives.

    “We’re proud to sponsor the DoD Energy & Power Summit and meet with leading policymakers and military officials in Washington,” said Jay Yu, Founder and Chairman of NANO Nuclear. “We’ve engaged numerous seasoned, former military and government experts onto our team to better position NANO Nuclear to support the DoD and DOE in their energy transition efforts. Our advanced reactor designs prioritize efficiency, safety, and reliability, qualities essential for powering critical installations and supporting the women and men who protect the nation.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
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    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: AGF Announces Passing of Kevin McCreadie, CEO and CIO

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 03, 2025 (GLOBE NEWSWIRE) — It is with great sadness that AGF Management Limited (AGF) announces the sudden passing of Kevin McCreadie, the firm’s Chief Executive Officer (CEO) and Chief Investment Officer (CIO).

    “The entire AGF team is devastated by the loss of Kevin, our colleague and leader,” said Blake Goldring, Executive Chairman, AGF. “His impact on our organization – and the people within it – has been profound and will be lasting. We extend our heartfelt condolences to the McCreadie family during this difficult time.”

    Kevin joined the firm in 2014, and his leadership, vision, and dedication played a pivotal role in shaping the firm into what it is today. He will be remembered for many things, in particular his passion for investment management and his focus on developing and nurturing talent for the future. Kevin will also be remembered for his personal mentorship of employees, unwavering commitment to diversity initiatives and promoting financial literacy.

    Judy Goldring LL.B, LL.D Named CEO

    Given today’s announcement, the AGF Board of Directors has activated its succession plan protocols and named Judy Goldring, AGF’s President and Head of Global Distribution as CEO, effective immediately.

    Judy is a respected leader in the asset management industry with over 30 years’ experience in a range of roles. In her most recent role as President and Head of Global Distribution, she oversaw the execution of strategic plans in support of business priorities and provided frequent counsel to Kevin on business planning and direction for corporate initiatives.

    Judy joined AGF in 1998 in the role of General Counsel and has held several roles with increasing responsibility across the firm. Prior to being named President, she served as Executive Vice-President and Chief Operating Officer. In the role, she demonstrated leadership in promoting and supporting the firm’s operational effectiveness. Judy is also a member of the Board of Directors for AGF Management Limited and AGF Mutual Funds where she provides strategic leadership and vision that promotes AGF’s long-term growth. Outside of AGF, Judy is also Chair, Board of Directors, SIMA (formerly IFIC).

    “We have full confidence in Judy’s ability to lead the firm given her profile, vision and demonstrated leadership skills,” added Blake Goldring. “She has the full support of the AGF team and our Board of Directors.”

    Judy will work closely with AGF’s Office of the CIO – established under Kevin’s leadership – as they continue to lead AGF’s investment management team, ensuring stability of culture and focus on delivering strong, consistent investment performance for clients.

    “Under Kevin’s visionary leadership, AGF’s culture is strong and the firm is strategically well-positioned for sustained growth,” concluded Blake Goldring. “The Board has every confidence in the AGF team’s ability to continue driving long-term success for the benefit of all stakeholders.”

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $53 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    Media Contact

    Amanda Marchment
    Director, Corporate Communications
    416-865-4160
    amanda.marchment@agf.com

    The MIL Network –

  • MIL-OSI: eToro Appoints Former SEC Commissioner Laura Unger and Wix CFO Lior Shemesh as Board Members

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) — eToro Group Ltd. (“eToro”, or the “Company”) (NASDAQ: ETOR), the trading and investing platform, today announced the appointment of Laura Unger and Lior Shemesh as Board Members. Both Ms. Unger and Mr. Shemesh will also join eToro’s Audit & Risk Committee.

    Commenting on the appointments, Yoni Assia, Co-founder and CEO, said: “As eToro enters this new chapter as a Nasdaq listed company, we are delighted that Laura Unger and Lior Shemesh will join eToro’s Board. As leaders in their respective fields, they bring extensive knowledge and expertise to the Board. We look forward to benefiting from Laura’s experience across regulatory governance and risk management, as well as Lior’s financial and operational leadership as we continue to grow eToro’s presence around the world, including our goal to expand our operations in the U.S.”

    Ms. Unger is a financial services regulatory, legislative, policy and strategy expert. She has held a variety of public and private sector roles and served on multiple corporate boards over the last twenty years, including Borland Software, MBNA, Merrill Lynch IQ Funds, Ambac Financial, CA Technologies, CIT Group and Navient Corporation. She is a former SEC Commissioner and Acting Chair, and former Counsel to the U.S. Senate Banking Committee.

    Ms. Unger currently serves as an independent director and Risk Committee Chair for the global investment bank Nomura Holdings Inc. (NYSE “NMR”) (Tokyo), as Audit Chair and director of its largest subsidiary, Nomura Holdings America, and director of its trading platform, Instinet.

    Ms. Unger began her government career as an SEC Enforcement Attorney in NYC and Washington, DC, followed by her service as Securities Counsel to the US Committee on Banking, Housing and Urban Affairs. She received a B.A. in Rhetoric from the University of California at Berkeley in 1983, and a J.D. from New York Law School in 1987.

    “I’m pleased to join eToro’s Board at such an exciting moment for the company and for the investing landscape more generally. I look forward to sharing my two decades of experience by providing capital markets, regulatory and governance insights. Beyond this, eToro and I share a passion for understanding technology’s impact on capital markets. At a time when the pace of technological innovation is accelerating, I’m thrilled to be joining a company which prides itself on being at the forefront of compliant innovation,” said Ms. Unger.

    ​Lior Shemesh is an experienced CFO with a strong track record of shaping and leading the financial strategy and operations for technology companies. He has served as CFO of Nasdaq listed software company Wix since April 2013. Before joining Wix, Lior served as VP Finance and then CFO at Alverion Ltd., a provider of optimized wireless broadband solutions. Previously, he held senior finance roles at Veraz Networks Inc., a softswitch, media gateway and digital compression solutions provider, and ECI Telecom Ltd., a network infrastructure provider.

    ​From July 2012 to June 2021, Mr. Shemesh served on the board of directors of Aspen Group Ltd., where he was also on the compensation committee, financial statements committee, as well as Chair of the audit committee.

    ​Mr. Shemesh began his career as an accountant at Israel Aerospace Industries. He has a B.A. in Accounting & Economics and an M.B.A. from Bar-Ilan University.

    “I’m honored to be joining the Board of eToro at such a pivotal time in its growth journey. I’ve spent years in the technology space and am deeply impressed by eToro’s commitment to harnessing technology to empower individual investors around the world. I look forward to working with the Board and eToro’s leadership team to support the company’s mission and help drive its continued growth and success,” said Mr. Shemesh.

    About eToro
    eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media center here for our latest news.

    Cautionary Language Concerning Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding eToro’s financial outlook and market positioning. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “outlook,” “guidance,” “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond eToro’s control. eToro’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to market volatility and erratic market movements; failure to retain existing users or adding new users; extreme competition; changes in regulatory and legal framework under which eToro operates; regulatory inquiries and investigations; eToro’s estimates of its financial performance; interest rate fluctuations; the evolving cryptoasset market, including the regulations thereof; conditions related to eToro’s operations in Israel, including the ongoing war; risks related to data security and privacy and use of OSS; risks related to AI; changes in general economic or political conditions; changes to accounting principles and guidelines; the ability to maintain the listing of eToro’s securities on Nasdaq; unexpected costs or expenses; and other factors described in “Risk Factors” in eToro’s Registration Statement on Form F-1, filed with the Securities and Exchange Commission (the “SEC”) on March 24, 2025, as amended, and declared effective by the SEC on May 13, 2025. Further information on potential risks that could affect actual results will be included in the subsequent filings that eToro makes with the SEC from time to time.

    Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent eToro’s views as of the date of this press release. eToro anticipates that subsequent events and developments will cause its views to change. eToro undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. These forward-looking statements should not be relied upon as representing eToro’s views as of any date subsequent to the date of this press release.

    Contact
    Media Relations – pr@etoro.com
    Investor Relations – investors@etoro.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e5e9931e-ef09-48e3-b5c9-448e9ecfb052

    https://www.globenewswire.com/NewsRoom/AttachmentNg/89bdaab3-6db5-4493-ad09-8535b5e87f45

    The MIL Network –

  • MIL-OSI Video: The Global Alliance for Trade Facilitation: Targeted Solutions, Global Impact

    Source: World Economic Forum (video statements)

    Trade is vital for development, but many countries face costly delays and inefficiencies. The Global Alliance for Trade Facilitation is partnering with governments, businesses, and international organizations to streamline customs, digitalize processes, and unlock global markets for SMEs.

    The Alliance drives practical reforms that boost exports, cut costs, and make trade faster, safer, and more inclusive. Hear from global leaders on how public-private collaboration is reshaping trade for good.

    To learn more about the Global Alliance for Trade Facilitation please visit: https://www.tradefacilitation.org/

    #TradeFacilitation #DigitalTrade #SMEs #InclusiveTrade #CustomsReform

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/ 
    Twitter ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #WorldEconomicForum

    https://www.youtube.com/watch?v=MQdqbbrULJ0

    MIL OSI Video –

  • MIL-OSI Video: Official opening of the Danish EU Presidency 2025

    Source: European Commission (video statements)

    On 3 July, Commission President Ursula von der Leyen holds a press conference together Danish Prime Minister Mette Frederiksen, on the start of the Danish Presidency.

    The Danish EU Presidency will work for a strong and resolute EU that takes responsibility for its own security and for strengthening its competitiveness. This calls for the EU to match words with action and deliver on the challenges it faces. The green transition is essential to building a more secure and competitive Europe.

    Follow live events and access media content here:
    https://audiovisual.ec.europa.eu/en/

    Stay updated — follow us on X: https://x.com/EC_AVService

    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
    -LinkedIn: https://www.linkedin.com/company/european-commission/
    -Medium: https://medium.com/@EuropeanCommission

    Check our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=5qxu25VcXN0

    MIL OSI Video –

  • MIL-OSI Africa: Ethiopia: African Development Bank approves $50 million Trade Finance Transaction Guarantee Facility to Awash Bank for support to Small and Medium Sized Enterprises (SMEs) and local corporates

    Source: APO


    .

    The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $50 million Trade Finance Transaction Guarantee facility to support to trade finance activities of Awash Bank S.C. (Awash) (https://apo-opa.co/44ecHyL), in Ethiopia.  

    This facility will enable the Bank to provide a guarantee of up to 100 percent to confirming banks for the non-payment risk arising from the confirmation of Letters of Credit and similar trade finance instruments issued by Awash. The facility will provide much needed import trade finance requirements to Small and Medium Sized Enterprises (SMEs) and local corporates in Ethiopia. It will also support intra-Africa trade, thus directly contributing to the successful implementation of the African Continental Free Trade Area (AfCFTA) (https://apo-opa.co/44J2Sc1) agenda.  

    Following the approval, African Development Bank Head of Trade Finance, Lamin Drammeh said: “Supporting Trade in Africa is a key priority at the African Development Bank. Trade finance is an important driver of economic growth and is critical for cross-border trade, particularly in emerging markets. We are delighted to work with Awash, a strong partner with extensive knowledge and network in Ethiopia, on a shared ambition to support the region’s Trade.” 

    Commenting on the approval, Tsehay Shiferaw, CEO of Awash Bank S.C., said: “The Trade Finance Transaction Guarantee facility approved to our bank by the African Development Bank will ease the burden of arranging cash collateral with banks, thereby improving our liquidity and enabling us to support more trade customers.” He added: “The facility will enhance our trade relationships with other International and African confirming banks.

    Awash looks forward to further strengthening its partnership and benefiting more from the resources and extensive capabilities of the African Development Bank and its partners, Shiferaw said. 

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Contact: 
    Amba Mpoke-Bigg
    Communication and External Relations Department
    email: a.mpoke-bigg@afdb.org  

    Technical Contact: 
    Bernard Muhati 
    b.muhati@afdb.org   

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. 

    For more information: www.AfDB.org

    MIL OSI Africa –

  • MIL-OSI Canada: smartEarth: Satellite data to protect our planet

    Source: Government of Canada News (2)

    July 3, 2025 – Longueuil, Quebec

    Satellite data is increasingly being used for a wide range of applications, from helping farmers monitor crop health, to supporting wildfire managers and tracking environmental change. When combined with artificial intelligence and powerful computing, satellite data promises to unlock the potential for a multitude of new cutting-edge applications to meet today’s and tomorrow’s challenges on Earth.

    The Government of Canada is committed to ensuring that our country remains a world leader in acquiring and harnessing Earth observation data to grow Canadian businesses and solve important challenges on Earth. The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, announced an investment of $3.9 million to support five Canadian companies to develop and test innovative solutions that use satellite data to address pressing environmental challenges.

    This investment focuses on advancing projects that monitor the Arctic, improve wildfire response, and protect marine life and sensitive coastal ecosystems.

    • Mitigating Arctic challenges through the use of multi-mission satellite data and artificial intelligence – C-CORE (Newfoundland and Labrador)
    • Demonstrating a machine learning application for use onboard satellites to deliver wildfire detection products for wildfire managers in near real time – Mission Control (Ontario)
    • Developing an eelgrass mapping system to support aquatic biodiversity – Hatfield Consultants LLP (British Columbia)
    • Leveraging generative artificial intelligence to improve systems that detect and protect North Atlantic right whales – AltaML (Alberta)
    • Detecting and monitoring North Atlantic right whales through satellite data to inform and strengthen protection measures – Fluvial Systems Research (British Columbia)

    By supporting these projects, the Government of Canada reaffirms its commitment to fostering the long-term growth of the Canadian space sector while upholding Canada’s world-leading environmental standards; protecting more of our nature, which is at the heart of Canada’s identity; and supporting an economy that will create high-paying jobs for generations.

    MIL OSI Canada News –

  • MIL-OSI: Brookfield Business Partners Announces Sale of Assets to Seed New Evergreen Private Equity Strategy

    Source: GlobeNewswire (MIL-OSI)

    • Transaction enables Brookfield Business Partners to monetize a partial interest in three businesses at a value accretive to the trading price of its units and shares

    • Provides new evergreen private equity strategy with an immediate, diversified portfolio

    • The Transaction was subject to a rigorous, independent review process which included a fairness opinion provided by an independent third-party financial advisor

    BROOKFIELD, NEWS, July 03, 2025 (GLOBE NEWSWIRE) — Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC), today announced that it has reached an agreement to sell a portion of its interest in three businesses (the “Transaction”) to a new evergreen private equity strategy (the “New Fund”) targeting high-net-worth investors, managed by Brookfield Asset Management.

    Under the terms of the Transaction, Brookfield Business Partners will sell an approximate 12% interest in its engineered components manufacturing operation (“DexKo”), an approximate 7% interest in its dealer software and technology services operation (“CDK Global”) and an approximate 5% interest in its work access services operation (“BrandSafway”) to the New Fund.

    Brookfield Business Partners will receive units of the New Fund (the “Units”) with an initial redemption value of approximately $690 million, representing an aggregate 8.6% discount to the net asset value (“NAV”) of the interests sold. In the 18-month period following the initial closing of the New Fund, expected later this year, the Units are expected to be redeemed for cash at an 8.6% discount to NAV at the time of redemption. Any remaining Units still outstanding after this 18-month period will be redeemable at NAV.

    A joint independent committee comprising independent directors of Brookfield Business Partners retained an independent financial advisor and external legal counsel to assist with their review of the Transaction. The joint independent committee received a fairness opinion from their independent financial advisor, and following consultation with their advisors determined that the Transaction is fair and in the best interests of Brookfield Business Partners.

    Anuj Ranjan, CEO of Brookfield Business Partners said, “The Transaction provides a strong outcome for Brookfield Business Partners’ unitholders and shareholders and provides the new evergreen private equity strategy with an immediate diversified seed portfolio prior to its launch. The realization of these partial interests, at a value that is accretive to the trading price of our units and shares, enables Brookfield Business Partners to continue to accelerate the return of capital under current and future buyback programs, reinvest in the growth of its business and reduce corporate leverage.”

    The sale is expected to be completed on July 4, 2025.

    Independent Review Process

    The Transaction was reviewed by independent committees (the “Independent Committees”) formed by the boards of directors of the general partner of Brookfield Business Partners L.P. and of Brookfield Business Corporation (collectively, the “Boards”), which are comprised of independent directors. The Independent Committees retained Stikeman Elliott LLP as their external counsel and Origin Merchant Partners as their independent financial advisor to assist in their review of the Transaction.

    The Independent Committees received an opinion from Origin Merchant Partners that, subject to various assumptions, qualifications and limitations to be set forth in its opinion letter, the consideration to be received by Brookfield Business Partners L.P. and Brookfield Business Corporation pursuant to the Transaction is fair, from a financial point of view, to Brookfield Business Partners L.P. and Brookfield Business Corporation.

    After consultation with their independent financial and legal advisors, the Independent Committees unanimously determined that the Transaction is fair to and in the best interests of Brookfield Business Partners L.P. and Brookfield Business Corporation, and unanimously recommended to the Boards that Brookfield Business Partners L.P. and Brookfield Business Corporation approve the Transaction. The Boards have unanimously (excluding conflicted directors, who did not participate in deliberations) determined that the Transaction is in the best interests of Brookfield Business Partners L.P. and Brookfield Business Corporation and approved the Transaction.

    As the value of the Transaction is less than 25% of the consolidated market capitalization of Brookfield Business Partners L.P., the Transaction is exempt from the formal valuation and minority shareholder approval requirements under applicable securities laws.

    Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation. For more information, please visit https://bbu.brookfield.com.

    Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.

    For more information, please contact:

    Cautionary Statement Regarding Forward-looking Statements and Information

    Note: This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, include statements with respect to the CDK Global, BrandSafway and DexKo businesses, their growth and leadership prospects and the Transaction described in this news release, including the expected redemption value of the Units, the timeline for redemption and the use of the proceeds therefrom, and include words such as “expects”, “anticipates”, “plans”, “believes”, “estimates”, “seeks”, “intends”, “targets”, “projects”, “forecasts”, “views”, “potential”, “likely” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may”, “will”, “should”, “would” and “could”.

    Although we believe that such forward-looking statements are based upon reasonable assumptions and expectations, investors and other readers should not place undue reliance on forward-looking statements and information because they involve assumptions, known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Business Partners, CDK Global, BrandSafway and/or DexKo to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements and information. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to us or are within our control. If a change occurs, our business, financial condition, liquidity and results of operations and our plans and strategies may vary materially from those expressed in the forward-looking statements and forward-looking information herein.

    Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to, the following: the cyclical nature of our operating businesses and general economic conditions and risks relating to the economy, including unfavorable changes in interest rates, foreign exchange rates, inflation, commodity prices and volatility in the financial markets; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; business competition, including competition for acquisition opportunities; strategic actions including our ability to complete dispositions and achieve the anticipated benefits therefrom; global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; changes to U.S. laws or policies, including changes in U.S. domestic and economic policies as well as foreign trade policies and tariffs; technological change; litigation; cybersecurity incidents; the possible impact of international conflicts, wars and related developments including terrorist acts and cyber terrorism; operational, or business risks that are specific to any of our business services operations, infrastructure services operations or industrials operations; changes in government policy and legislation; catastrophic events, such as earthquakes, hurricanes and pandemics/epidemics; changes in tax law and practice; and other risks and factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States including those set forth in the “Risk Factors” section in our annual report for the year ended December 31, 2024 filed on Form 20-F.

    We caution that the foregoing list of important factors that may affect future results is not exhaustive. When relying on our forward-looking statements and information, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale Amid Growing Investor Interest

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 03, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project, today announced it has entered the final four weeks of its limited presale, with over $6 million raised and more than 13,650 users participating. This milestone marks a key moment for the BTC-S ecosystem, which aims to redefine accessibility in crypto through mobile mining, smart contract integration, and energy-efficient consensus design.

    The token is currently priced at $10, with the next phase set to increase to $11 and an official launch price of $20. A 6% bonus remains available for eligible presale participants.

    BTC-S Builds the Future

    Bitcoin Solaris (BTC-S) flips the script. With its dual-layer blockchain design, a hybrid consensus that blends Proof-of-Work with Delegated Proof-of-Stake, and energy-efficient infrastructure, BTC-S is designed from the ground up to support scalability, mobile-first mining, and lightning-fast smart contract performance. The system achieves 10,000 TPS with finality in 2 seconds, positioning it as one of the fastest decentralized platforms in development today.

    BTC-S: Wealth-Building Meets Modern Infrastructure

    Let’s talk about what truly makes Bitcoin Solaris a potential wealth-creation engine. Unlike traditional cryptocurrencies that require expensive equipment and deep technical skills, BTC-S makes mining accessible to everyone through the upcoming Solaris Nova app.

    Using a refined adaptive algorithm and smart validator rotation, mining is optimized for smartphones. And that’s not speculation. It’s already live in testing and supports efficient participation with minimal energy use. Whether you’re in a big city or a rural area, mobile mining with BTC-S is designed to be truly inclusive. You can even preview your potential earnings using their mining calculator.

    But that’s just the beginning. BTC-S is also pushing boundaries with smart contract support and a growing set of DeFi functionalities. It’s not just a coin. It’s an ecosystem with room to build.

    From Mobile to Mainnet BTC-S Powers a New Financial Era

    Core highlights include:

    • Dual-consensus model with validator rotation for security and decentralization
    • Cross-chain bridge development for asset interoperability
    • Smart contracts optimized for DeFi scalability
    • Ongoing audits from Cyberscope and Freshcoins
    • Full integration with the Solaris Nova App for on-the-go mining and governance

    And let’s not forget the excitement brewing in the crypto influencer space. The team behind BTC-S has been getting attention from prominent channels. A full review by Crypto Show dives into what’s making Bitcoin Solaris one of the most talked-about launches of the year.

    The Presale: A Window That’s Closing Fast

    Investors love numbers. Here are a few worth paying attention to.

    • Current price: $10
    • Next phase: $11
    • Launch price: $20
    • Bonus: 6%
    • Over $6 million raised, and more than 13,650 users have joined

    And this isn’t one of those endless presales that drag on for a year. The entire event is capped at just 90 days. That means only around 4 weeks remain to get in before BTC-S goes live and enters the next phase. With this kind of momentum, it’s no wonder some are calling it the shortest presale in crypto history.

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for smooth and secure delivery. These platforms ensure seamless distribution without requiring a connection during the presale phase.

    You can track everything directly from the main platform at bitcoinsolaris.com.

    BTC-S Tokenomics: Designed for Scarcity and Growth

    If you’re wondering what makes BTC-S truly different from Bitcoin, it starts with distribution. While Bitcoin mining now rewards whales, Bitcoin Solaris designed its tokenomics to favor longevity and fair access. The entire structure is focused on real utility, scarcity, and growth.

    BTC-S follows a fixed-supply model with a maximum of 21 million tokens. The breakdown is worth a glance and can be found on their official tokenomics page, but here’s a quick preview:

    • 66.66% reserved for mining, distributed over 90 years
    • 20% allocated to the presale
    • The rest is dedicated to liquidity, community, marketing, and development

    This long-term vision isn’t just fluff. It’s embedded into how BTC-S operates. Fair, structured, and driven by actual participation.

    In addition, Holders can now enjoy daily mini-games from Bitcoin Solaris, unlocking new chances to earn every day. Explore how it works here.

    Final Thoughts: Trump Lit the Spark, But BTC-S Carries the Torch

    Trump’s Bitcoin comments are the kind of headlines that draw eyes. But Bitcoin Solaris is offering something stronger than soundbites. It’s offering architecture, access, and opportunity. For those who missed Bitcoin’s early years and feel like they arrived too late, BTC-S may just be that rare second chance.

    And it’s not just a theory. It’s live. It’s active. And it’s fast approaching a launch that could redefine what early adoption means in this cycle.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This content is provided by Bitcoin Solaris. 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.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/da8fa6b1-e655-42f5-83da-3af586f5d9cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd0f3d3c-9319-4033-8368-a75d65eece20

    https://www.globenewswire.com/NewsRoom/AttachmentNg/504dc2bd-4ef4-4350-866d-d8419a416555

    https://www.globenewswire.com/NewsRoom/AttachmentNg/16b32510-defe-48a8-b5c0-6d8d782d5622

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale Amid Growing Investor Interest

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 03, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project, today announced it has entered the final four weeks of its limited presale, with over $6 million raised and more than 13,650 users participating. This milestone marks a key moment for the BTC-S ecosystem, which aims to redefine accessibility in crypto through mobile mining, smart contract integration, and energy-efficient consensus design.

    The token is currently priced at $10, with the next phase set to increase to $11 and an official launch price of $20. A 6% bonus remains available for eligible presale participants.

    BTC-S Builds the Future

    Bitcoin Solaris (BTC-S) flips the script. With its dual-layer blockchain design, a hybrid consensus that blends Proof-of-Work with Delegated Proof-of-Stake, and energy-efficient infrastructure, BTC-S is designed from the ground up to support scalability, mobile-first mining, and lightning-fast smart contract performance. The system achieves 10,000 TPS with finality in 2 seconds, positioning it as one of the fastest decentralized platforms in development today.

    BTC-S: Wealth-Building Meets Modern Infrastructure

    Let’s talk about what truly makes Bitcoin Solaris a potential wealth-creation engine. Unlike traditional cryptocurrencies that require expensive equipment and deep technical skills, BTC-S makes mining accessible to everyone through the upcoming Solaris Nova app.

    Using a refined adaptive algorithm and smart validator rotation, mining is optimized for smartphones. And that’s not speculation. It’s already live in testing and supports efficient participation with minimal energy use. Whether you’re in a big city or a rural area, mobile mining with BTC-S is designed to be truly inclusive. You can even preview your potential earnings using their mining calculator.

    But that’s just the beginning. BTC-S is also pushing boundaries with smart contract support and a growing set of DeFi functionalities. It’s not just a coin. It’s an ecosystem with room to build.

    From Mobile to Mainnet BTC-S Powers a New Financial Era

    Core highlights include:

    • Dual-consensus model with validator rotation for security and decentralization
    • Cross-chain bridge development for asset interoperability
    • Smart contracts optimized for DeFi scalability
    • Ongoing audits from Cyberscope and Freshcoins
    • Full integration with the Solaris Nova App for on-the-go mining and governance

    And let’s not forget the excitement brewing in the crypto influencer space. The team behind BTC-S has been getting attention from prominent channels. A full review by Crypto Show dives into what’s making Bitcoin Solaris one of the most talked-about launches of the year.

    The Presale: A Window That’s Closing Fast

    Investors love numbers. Here are a few worth paying attention to.

    • Current price: $10
    • Next phase: $11
    • Launch price: $20
    • Bonus: 6%
    • Over $6 million raised, and more than 13,650 users have joined

    And this isn’t one of those endless presales that drag on for a year. The entire event is capped at just 90 days. That means only around 4 weeks remain to get in before BTC-S goes live and enters the next phase. With this kind of momentum, it’s no wonder some are calling it the shortest presale in crypto history.

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for smooth and secure delivery. These platforms ensure seamless distribution without requiring a connection during the presale phase.

    You can track everything directly from the main platform at bitcoinsolaris.com.

    BTC-S Tokenomics: Designed for Scarcity and Growth

    If you’re wondering what makes BTC-S truly different from Bitcoin, it starts with distribution. While Bitcoin mining now rewards whales, Bitcoin Solaris designed its tokenomics to favor longevity and fair access. The entire structure is focused on real utility, scarcity, and growth.

    BTC-S follows a fixed-supply model with a maximum of 21 million tokens. The breakdown is worth a glance and can be found on their official tokenomics page, but here’s a quick preview:

    • 66.66% reserved for mining, distributed over 90 years
    • 20% allocated to the presale
    • The rest is dedicated to liquidity, community, marketing, and development

    This long-term vision isn’t just fluff. It’s embedded into how BTC-S operates. Fair, structured, and driven by actual participation.

    In addition, Holders can now enjoy daily mini-games from Bitcoin Solaris, unlocking new chances to earn every day. Explore how it works here.

    Final Thoughts: Trump Lit the Spark, But BTC-S Carries the Torch

    Trump’s Bitcoin comments are the kind of headlines that draw eyes. But Bitcoin Solaris is offering something stronger than soundbites. It’s offering architecture, access, and opportunity. For those who missed Bitcoin’s early years and feel like they arrived too late, BTC-S may just be that rare second chance.

    And it’s not just a theory. It’s live. It’s active. And it’s fast approaching a launch that could redefine what early adoption means in this cycle.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This content is provided by Bitcoin Solaris. 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.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/da8fa6b1-e655-42f5-83da-3af586f5d9cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd0f3d3c-9319-4033-8368-a75d65eece20

    https://www.globenewswire.com/NewsRoom/AttachmentNg/504dc2bd-4ef4-4350-866d-d8419a416555

    https://www.globenewswire.com/NewsRoom/AttachmentNg/16b32510-defe-48a8-b5c0-6d8d782d5622

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale Amid Growing Investor Interest

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 03, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project, today announced it has entered the final four weeks of its limited presale, with over $6 million raised and more than 13,650 users participating. This milestone marks a key moment for the BTC-S ecosystem, which aims to redefine accessibility in crypto through mobile mining, smart contract integration, and energy-efficient consensus design.

    The token is currently priced at $10, with the next phase set to increase to $11 and an official launch price of $20. A 6% bonus remains available for eligible presale participants.

    BTC-S Builds the Future

    Bitcoin Solaris (BTC-S) flips the script. With its dual-layer blockchain design, a hybrid consensus that blends Proof-of-Work with Delegated Proof-of-Stake, and energy-efficient infrastructure, BTC-S is designed from the ground up to support scalability, mobile-first mining, and lightning-fast smart contract performance. The system achieves 10,000 TPS with finality in 2 seconds, positioning it as one of the fastest decentralized platforms in development today.

    BTC-S: Wealth-Building Meets Modern Infrastructure

    Let’s talk about what truly makes Bitcoin Solaris a potential wealth-creation engine. Unlike traditional cryptocurrencies that require expensive equipment and deep technical skills, BTC-S makes mining accessible to everyone through the upcoming Solaris Nova app.

    Using a refined adaptive algorithm and smart validator rotation, mining is optimized for smartphones. And that’s not speculation. It’s already live in testing and supports efficient participation with minimal energy use. Whether you’re in a big city or a rural area, mobile mining with BTC-S is designed to be truly inclusive. You can even preview your potential earnings using their mining calculator.

    But that’s just the beginning. BTC-S is also pushing boundaries with smart contract support and a growing set of DeFi functionalities. It’s not just a coin. It’s an ecosystem with room to build.

    From Mobile to Mainnet BTC-S Powers a New Financial Era

    Core highlights include:

    • Dual-consensus model with validator rotation for security and decentralization
    • Cross-chain bridge development for asset interoperability
    • Smart contracts optimized for DeFi scalability
    • Ongoing audits from Cyberscope and Freshcoins
    • Full integration with the Solaris Nova App for on-the-go mining and governance

    And let’s not forget the excitement brewing in the crypto influencer space. The team behind BTC-S has been getting attention from prominent channels. A full review by Crypto Show dives into what’s making Bitcoin Solaris one of the most talked-about launches of the year.

    The Presale: A Window That’s Closing Fast

    Investors love numbers. Here are a few worth paying attention to.

    • Current price: $10
    • Next phase: $11
    • Launch price: $20
    • Bonus: 6%
    • Over $6 million raised, and more than 13,650 users have joined

    And this isn’t one of those endless presales that drag on for a year. The entire event is capped at just 90 days. That means only around 4 weeks remain to get in before BTC-S goes live and enters the next phase. With this kind of momentum, it’s no wonder some are calling it the shortest presale in crypto history.

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for smooth and secure delivery. These platforms ensure seamless distribution without requiring a connection during the presale phase.

    You can track everything directly from the main platform at bitcoinsolaris.com.

    BTC-S Tokenomics: Designed for Scarcity and Growth

    If you’re wondering what makes BTC-S truly different from Bitcoin, it starts with distribution. While Bitcoin mining now rewards whales, Bitcoin Solaris designed its tokenomics to favor longevity and fair access. The entire structure is focused on real utility, scarcity, and growth.

    BTC-S follows a fixed-supply model with a maximum of 21 million tokens. The breakdown is worth a glance and can be found on their official tokenomics page, but here’s a quick preview:

    • 66.66% reserved for mining, distributed over 90 years
    • 20% allocated to the presale
    • The rest is dedicated to liquidity, community, marketing, and development

    This long-term vision isn’t just fluff. It’s embedded into how BTC-S operates. Fair, structured, and driven by actual participation.

    In addition, Holders can now enjoy daily mini-games from Bitcoin Solaris, unlocking new chances to earn every day. Explore how it works here.

    Final Thoughts: Trump Lit the Spark, But BTC-S Carries the Torch

    Trump’s Bitcoin comments are the kind of headlines that draw eyes. But Bitcoin Solaris is offering something stronger than soundbites. It’s offering architecture, access, and opportunity. For those who missed Bitcoin’s early years and feel like they arrived too late, BTC-S may just be that rare second chance.

    And it’s not just a theory. It’s live. It’s active. And it’s fast approaching a launch that could redefine what early adoption means in this cycle.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This content is provided by Bitcoin Solaris. 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.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/da8fa6b1-e655-42f5-83da-3af586f5d9cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd0f3d3c-9319-4033-8368-a75d65eece20

    https://www.globenewswire.com/NewsRoom/AttachmentNg/504dc2bd-4ef4-4350-866d-d8419a416555

    https://www.globenewswire.com/NewsRoom/AttachmentNg/16b32510-defe-48a8-b5c0-6d8d782d5622

    The MIL Network –

  • MIL-OSI: Gate Launches xStocks Trading Section, Bridging Crypto Finance and Global Capital Markets

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, July 03, 2025 (GLOBE NEWSWIRE) — In July 2025, Gate, a global leading digital asset trading platform, officially launched its xStocks trading section, covering both spot and futures markets. The initial listings include 8 popular tokenized stocks, such as COINX, NVDAX, CRCLX, AAPLX, METAX, HOODX, TSLAX, and GOOGLX, enabling global users to trade tokenized stocks directly with crypto assets like USDT. Gate Alpha has also rolled out support for xStocks, listing MSTRx, CRCLx, SPYx, NVDAx, TSLAx, and AAPLx, further expanding users’ access to on-chain assets and strategic trading options.

    This initiative not only diversifies investment channels for crypto users but also marks a new phase in the convergence of crypto finance and traditional markets. Gate is now the first platform to launch a futures market for tokenized stocks, establishing a fully closed-loop trading infrastructure at the intersection of digital and traditional finance.

    Removing Barriers: Connecting Global Users to Wall Street
    Gate’s xStocks trading section adopts a compliant, asset-backed tokenization model. All tokens are fully collateralized and represent publicly traded U.S. stocks. These tokens are freely transferable and compatible across multiple blockchains and ecosystems.

    Unlike traditional brokers that require regional accounts, complex KYC, and fiat settlement, Gate’s tokenized stocks services are globally accessible and require no KYC, allowing users to invest using USDT and other crypto assets. This borderless trading model significantly lowers entry barriers for global participants, offering a seamless path for cross-border capital movement and global portfolio allocation.

    The platform also supports 24/7 trading, fractional investment, and on-chain liquidity, breaking down traditional time and regulatory constraints, and delivering a highly flexible, decentralized investment experience that links TradFi and DeFi.

    World-First Futures Market for Tokenized Stocks, Redefining Derivatives Boundaries
    As the first platform globally to launch the futures market for tokenized stocks, Gate enables users to apply leverage and execute two-way strategies on U.S. stocks, all under a USDT pricing system, empowering more dynamic risk and return management.

    The trading infrastructure has been fully optimized for this launch, with upgrades to matching engines, pricing models, and risk control systems. Tailored to the liquidity profiles of U.S. stocks and the behavioral patterns of crypto-native traders, the system delivers high responsiveness, strong compatibility, and robust user experience across both spot and futures markets.

    A Strategic Leap Toward the Next-Generation Crypto Exchange
    Gate’s expansion into tokenized stocks represents a key milestone in its long-term strategy of bridging traditional and future finance. By building crypto-native infrastructure for traditional assets, Gate is redefining how users access and interact with global capital markets.

    Dr. Han, Founder and CEO of Gate, stated: “Our mission isn’t just to add a new asset class, but to transform the relationship between users and assets. We aim to create a truly global, borderless investment platform that empowers everyone to access financial opportunities worldwide.”

    In 2025, Gate completed a major brand upgrade and transitioned to the unified domain Gate.com, marking a new chapter in its global strategy. The platform currently ranks Top 2 globally in spot trading volume, with continued strength in derivatives, liquidity depth, and user activity, reinforcing its position as a leader in global crypto financial infrastructure.

    As the digital transformation of global finance accelerates, Gate’s launch of tokenized stocks offers a model for the industry and demonstrates a pioneering approach to integrating decentralized infrastructure with traditional capital markets, propelling the platform toward its vision as the next-generation crypto exchange.

    About Gate
    Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 30 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter.

    For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube

    Media Contact:
    Loyo at loyo@gate.com

    Disclaimer:
    This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement.

    This content is provided by Gate. 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/77167a8f-f56c-4c37-b465-3c8a89ac8047

    The MIL Network –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 02 07 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 02 JULY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,063,056 3.9009    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,063,056 3.9009    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 1,487 440p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 03 JULY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Same Day Personal Loans Guaranteed Approval – Radcred Introduces Instant Loan Funding Option For US Borrowers In Emergencies.

    Source: GlobeNewswire (MIL-OSI)

    Glandale, California, July 03, 2025 (GLOBE NEWSWIRE) — Unexpected expenses often demand cash faster than traditional lenders can respond. RadCred’s same day personal loans guaranteed approval give U.S. consumers a practical option when time and credit scores are in short supply. Using a streamlined digital process and no credit check loans guaranteed approval, the platform reviews income and repayment ability rather than a borrower’s FICO score. That approach opens the door to urgent loans for bad credit, personal loans, no credit check, and even bad credit personal loans guaranteed approval $5,000. RadCred aims to deliver reliable funding within hours of application helping households navigate financial surprises with greater confidence.

    What Are Same-Day Loans?

    Same-day personal loans are short-term credit products structured to move from application to disbursement in a single business day. Approval is largely automated, and funds usually arrive via ACH within hours, making the loans suitable for emergency car repairs, medical bills, or time-sensitive household costs. RadCred enhances the model with no credit check loans guaranteed approval, relying on pay-stub and bank-deposit verification instead of hard inquiries. Because the decision hinges on present cash flow, borrowers with prior delinquencies can still qualify for bad credit loans guaranteed approval. 

    The result is an emergency loan bad credit guaranteed approval option that mirrors the speed of same day payday loans while offering the predictability of fixed monthly payments and clear personal loans no credit check terms.

    Why U.S. Borrowers Are Turning to Same-Day Loans for Quick Financial Relief 

    Rising living costs, volatile gig-economy earnings, and limited savings buffers have pushed many Americans to seek same day loans that bypass conventional underwriting. Surveys by the Federal Reserve show nearly four in ten adults would struggle to cover a $400 surprise expense amplifying demand for no credit check loans guaranteed approval that can bridge pay-cycle gaps. For households with spotty credit files, urgent loans for bad credit fill a market void left by banks’ tighter score thresholds. 

    Compared with credit-card cash advances, personal loans no credit check often feature clearer repayment schedules and lower fee ceilings. When medical deductibles or repair invoices arrive unexpectedly, an emergency loan bad credit guaranteed approval can prevent late fees, service shut-offs, or missed rent. 

    How Same-Day Loans Help Borrowers with Bad Credit: RadCred’s Guaranteed Approval Solution 

    Borrowers with sub-600 scores often meet sudden costs but lack access to mainstream credit. RadCred’s same day loans guaranteed approval address this gap by weighting affordability over history. Applicants supply recent pay statements, benefit letters, or gig-platform deposits; automated underwriting then matches them to bad credit loans guaranteed approval products sized to documented income. Because payment dates align with pay cycles, the risk of delinquency is lower than with rollover-style advances, supporting responsible use of personal loans for bad credit. 

    In urgent scenarios hospital copays, appliance replacement, or travel to assist family an emergency loan bad credit guaranteed approval can arrive the same afternoon, avoiding high-overdraft fees. For smaller cash shortfalls, RadCred also facilitates same day payday loans that settle in one lump sum on the next payday. 

    How Online Lending Platforms Are Fueling the Growth of Same-Day Loans 

    Cloud-based verification tools, open-banking APIs, and real-time payments infrastructure allow online lenders to approve and deliver same-day personal loans far faster than branch-based institutions. Algorithms reviewing income streams enable no credit check loans guaranteed approval with minimal paperwork. 

    Platforms such as RadCred aggregate multiple funding sources, letting borrowers compare bad credit personal loans guaranteed approval $5,000 in minutes. Because identity and income checks occur behind encrypted connections, applicants upload fewer documents yet receive clearer personal loans no credit check offers. For consumers facing an emergency loan bad credit guaranteed approval scenario, that end-to-end digitization reduces both time-to-cash and privacy risk key factors propelling online-originated same-day lending volumes.

    Why Same Day Loans Are More Popular Than Ever: Key Trends and Insights By Radcred

    Several macro forces underpin the surge in same-day personal loans. First, payroll volatility especially among contract and service workers creates intermittent income cliffs that demand rapid liquidity. Second, traditional bank branches continue to close, reducing local credit availability and nudging consumers online for no credit check loans guaranteed approval. Third, fintech competition lowers origination costs, enabling lenders to approve guaranteed approval payday loans at scale. 

    Regulatory data also show younger adults favor mobile borrowing over credit-card cash advances, citing transparent fee structures on bad credit personal loans guaranteed approval $5,000. Meanwhile, inflationary pressures raise the median emergency expense, elevating demand for urgent loans for bad credit that exceed typical payday-loan limits but still settle within 24 hours. 

    Finally, real-time payment rails such as RTP® and FedNow® shorten funding cycles, making quick disbursement a consumer expectation rather than a premium service. Collectively, these trends position same-day lending and RadCred’s digital marketplace as pivotal in the evolving U.S. short-term credit ecosystem.

    Key Features of RadCred’s Same-Day Personal Loans 

    • Soft-Pull Underwriting: Applications trigger only a soft inquiry, preserving scores while delivering no credit check loans guaranteed approval results in minutes.
    • Same-Day ACH Funding: Once documents are e-signed, partnered lenders initiate disbursement so borrowers often receive cash before the next business morning.
    • Flexible Amounts: From $300 micro-advances to bad credit personal loans guaranteed approval $5,000, loan sizes scale to verified income, giving users right-sized solutions.
    • Fixed APR & Term Choices: Customers may select shorter payoff windows for lower interest cost or longer terms for budget-friendly installments—useful for any emergency loan bad credit guaranteed approval need.
    • Integrated Repayment Reminders: Automated email/SMS alerts help prevent missed payments, supporting credit-rebuilding goals while using same day payday loans responsibly.
    • Data Security & Compliance: AES-256 encryption, SOC-2–audited servers, and state-licensed lenders protect applicant data and ensure adherence to fair-lending statutes.

    How to Get Same-Day Guaranteed Approval Loans From RadCred 

    1. Visit RadCred.com and select the same-day loans guaranteed approval application.
    2. Enter basic details—name, address, SSN (for soft inquiry), employer, and monthly income.
    3. Upload proof (pay stub or bank-deposit screenshot). This step replaces a hard pull, enabling personal loans no credit check decisions.
    4. Review offers from RadCred’s lender network. Each card shows APR, finance charge, and payoff date—ideal when comparing emergency loan bad credit guaranteed approval choices.
    5. E-sign electronically. Lenders then send a final disclosure and initiate ACH. For most urgent loans for bad credit submitted before 11 a.m. ET, funds post same day; later submissions fund next morning.
    6. Repay automatically via scheduled withdrawals, or prepay anytime without penalty.

    Eligibility for Same-Day Loans 

    • Must be a U.S. resident aged 18 or older.
    • Provide verifiable monthly income of at least $1,000.
    • Maintain an active checking account for deposits and debits.
    • Supply a working email and mobile phone for verification.
    • No minimum FICO score

    RadCred’s same-day personal loans guaranteed approval rely on real-time cash-flow analysis, extending access to applicants who may not qualify for bank credit.

    Conclusion

    RadCred’s expanded suite of same-day personal loans and same-day payday loans offers a credible lifeline when traditional credit falls short. By centering decisions on earnings rather than history, the company delivers emergency loan bad credit guaranteed approval options up to $5,000, empowering borrowers to manage surprises without enduring hard inquiries or protracted waits. Transparent pricing, encrypted processing, and licensed-lender oversight further distinguish RadCred’s marketplace positioning it as a practical, responsible choice for immediate cash-flow needs in today’s unpredictable economy.

    Disclaimer 

    All loan offers originate from independent, state-licensed lenders within RadCred’s network. Approval is contingent on meeting age, residency, income, bank-account, and regulatory requirements; therefore, “guaranteed” refers to high but not universal approval odds. Applications use soft inquiries only; late or missed payments may still be reported. Loan amounts, APRs, fees, and funding speed vary by state and lender. Funds typically deposit same day, but bank processing may delay availability. Borrow responsibly only borrow what you can comfortably repay.

    FAQ 

    Q1: How fast can I get a loan?
     If you apply before 11 a.m. ET and meet income criteria, many same-day personal loans guaranteed approval fund within hours; later submissions usually post next business morning.

    Q2: What is the maximum loan amount?
     RadCred’s network currently offers up to $5,000 for bad credit personal loans guaranteed approval $5,000; first-time borrowers may receive smaller limits based on income.

    Q3: Does applying affect my credit score?
     No. RadCred performs only soft pulls. However, lenders may report late payments, which could impact credit.

    Q4: Are there any hidden fees?
     No. Every offer details APR, origination or late fees, and total repayment cost before you accept, ensuring transparency for guaranteed approval payday loans or installment products.

    The MIL Network –

  • MIL-OSI: PBK Miner announces progress on its AI cloud mining infrastructure after raising $80 million in Series B funding

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, July 03, 2025 (GLOBE NEWSWIRE) — Founded in 2019, PBK Miner, a UK cloud mining platform, announced the successful completion of its Series B financing, receiving $80 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in the fields of blockchain and sustainable technology.

    PBKMiner said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.

    PBKMiner currently operates more than 100 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar, in line with the company’s environmentally sustainable mining strategy. The platform reportedly serves 8.5 million users in 183+ countries and regions.

    Cloud Mining Overview

    Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider, without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires significant capital investment and technical expertise.

    Newbie-friendly: No technical skills required. New users get an instant $10 sign-up bonus.

    In the fast-moving world of cryptocurrency, ease of use and sustainable profitability are essential. PBKMiner’s cloud mining service is an attractive option for beginners looking for a reliable source of passive income.

    PBKMiner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH, etc. The mining business is fully managed by PBKMiner, including hardware maintenance and infrastructure operations.

    Integration of artificial intelligence

    PBKMiner integrates artificial intelligence into the cloud mining framework, aiming to optimize resource allocation and performance in real time. This approach is expected to reduce electricity consumption in renewable energy centers and increase system responsiveness.

    The company has said it plans to expand its green data center footprint in Europe, North America, and Asia. The centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.

    PBKMiner now offers flexible smart cloud mining plans:

    • 2-day strategy: return rate +6.7%
    • 5-day strategy: return rate +6.19%
    • 15-day strategy: return rate +20.9%
    • 30-day strategy: return rate +55.7%

    These performance figures are not speculation, but are based on real usage data from millions of users. This is due to PBKMiner’s AI-driven profit optimization engine and result-oriented cloud mining model.

    One of the most attractive aspects of AI cloud mining plans is the ultra-low investment threshold and flexible contract period. For example, a 2-day cloud mining strategy starts at only $100.

    How to start AI cloud mining with PBKMiner

    1.Register: Sign up now and get a $10 welcome bonus, plus a $0.60 daily login bonus.

    1. Choose a contract: Select a mining plan that fits your budget and financial goals. All available plans support AI cloud mining.
    2. Start earning: Once your contract is activated, PBKMiner’s intelligent platform will take care of the rest – ensuring seamless and efficient mining operations to maximize your profits.

    About PBKMiner

    Founded in 2019, PBKMiner represents a new generation of AI-driven cloud mining technology, based on data, performance, and trust. The platform supports cloud mining of XRP, BTC, ETH, LTC, DOGE, and SOL. With a rapidly growing global user base, PBKMiner will stand out as one of the most promising cryptocurrency investment opportunities in 2025, especially for investors who seek sustainable long-term returns rather than speculative gains.

    For full details and participation options please visit: https://pbkminer.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Media Contact:

    Alison Evans

    PBK Miner

    info@pbkminer.com

    https://pbkminer.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: 40% of Banking Work Will Be Redefined by AI by 2030, ThoughtLinks CEO Sumeet Chabria Projects — And It’s Already Underway

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 03, 2025 (GLOBE NEWSWIRE) —  ThoughtLinks, a strategic advisory firm founded by global banking executive Sumeet Chabria and focused on banks and capital markets, released a bold projection: By 2030, nearly 40% of banking technology, operations, and knowledge work will be redefined by AI. As first reported this morning by Business Insider, these findings, based on proprietary modeling of nearly 5,000 banking processes, confirm that this change is already underway.

    Driving this transformation is the convergence of generative and agentic AI, democratized data, cloud-native infrastructure, and intelligent automation—forces that are rapidly accelerating disruption. At its core lies a structural shift altering both the nature of work itself and who performs it. A new generation of AI agents—“digital workers”—is emerging, designed to collaborate with people and amplify human capabilities.

    “AI capabilities are increasingly embedded within vendor systems, platforms, and tools, even if not yet fully activated,” says Chabria. “This is quietly accelerating structural change beneath the surface.”

    A Strategic Blueprint for Value Creation in Banking and Capital Markets

    To compete in this new reality, banks must align four strategic pillars into a practical blueprint for sustainable value. These pillars form the foundation of ThoughtLinks’ core proposition and power effective AI-enabled business goals:

    • AI-First Technology Strategy
    • Enterprise-Wide Transformation
    • Growth and Efficiency through AI
    • Future-Ready Workforce Strategies

    Where the Shift Is Already Happening

    AI-driven reinvention spans all areas of banking. Agentic AI, in particular, complements banking’s relationship-driven approach. AI agents promise to enhance interactions with customers and employees by providing context and continuity, expanding organizational capacity.

    • Consumer banking — Virtual AI assistants anticipate customer needs, answer queries, and suggest next-best actions.
    • Wealth management — AI synthesizes data, client preferences, and portfolio performance to surface personalized insights and augment advisor capacity.
    • Credit and lending — Conversational AI streamlines complex applications, flags risks early, and accelerates approvals.
    • Customer servicing — Intelligent agents resolve a growing share of routine requests, reducing costs and enhancing experiences.
    • Risk and compliance — Early deployments monitor transactions and communications in real time, detect anomalies, and escalate threats—potentially establishing a new enterprise-wide line of defense.
    • Global markets — AI supports analysts and traders by summarizing vast volumes of information, curating signals, and stress-testing investment theses.

    In technology and operations—where nearly half a bank’s workforce and suppliers operate—AI is reinventing how systems are built, tested, and delivered. The traditional software development lifecycle faces unprecedented change as more productive and faster ways to build systems emerge. In parallel, sourcing and service models are evolving as human labor moves toward AI-enabled processes, prompting a rethink of supplier strategies, operating models, and contracts.

    The scale and pace of change raise enterprise questions, such as:

    Growth & Efficiency:
    How can we scale AI effectively while delivering measurable ROI?

    Operations:
    Which processes should shift to AI, and how can doing so simplify the enterprise landscape? And how should we modernize global capability centers (GCCs) to keep pace?

    Risk & Controls:
    As we automate, how do we build smarter safeguards and ensure AI runs within strong, adaptive guardrails?

    Talent & Culture:
    Which tasks are impacted, and when? How do we rethink roles and help people view AI as a growth opportunity?

    And for the leaders navigating it all—it takes staying clear on what matters, building new disciplines, trusting your gut, and rallying the right people around a vision that makes the path ahead feel steady, not overwhelming.

    Roadmap to 2030

    As AI reshapes banking, institutions must move beyond isolated use cases and proactively assess how this technology impacts everyday tasks. This means continually examining and aligning business activities with strategic objectives.

    “The winners in this new era will not just implement AI—they will thoughtfully redesign their organizations around it,” Chabria concluded. “Their strategic advantage will come from elevating both people and performance, ensuring that human ingenuity remains central to innovation and progress.”

    About ThoughtLinks

    ThoughtLinks is a strategic advisory firm specializing in AI strategy, enterprise transformation, and innovation for banking and capital markets. Led by CEO Sumeet Chabria and composed entirely of former global C-suite executives, the firm partners with Fortune 500 institutions to drive AI-powered growth, efficiency, and workforce transformation.

    True to its name, Thought ‘Links’ connects strategic business needs to best-in-class solutions, next-gen technology, and top talent across the financial services ecosystem—empowering human potential.

    For more information, visit www.ThoughtLinks.net or learn more about our CEO and founder, Sumeet Chabria.

    Notes to Editors

    Media Contact Information
    Phone: 305-728-5283
    Email: media@thoughtlinks.net

    The MIL Network –

  • MIL-OSI: Parex Resources Announces Production Update and Timing of Q2 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 03, 2025 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update and plan to release its Q2 2025 financial and operating results on July 30, 2025.

    Q2 2025 Production Update(1)(2)

    • Estimated Q2 2025 average production was 42,550 boe/d.
    • June 2025 average production was approximately 43,950 boe/d; production growth was supported by previously disclosed positive exploration results and the successful startup of the first follow-up horizontal well at LLA-74 in the Southern Llanos.
    • In July 2025, the Company expects to ramp up production from its second follow-up horizontal well at LLA-74 and bring onstream the first well of the LLA-32 development campaign.
    boe/d For the three months ended June 30, 2025
    Block LLA-34 21,500
    Southern Llanos 13,800
    Northern Llanos 4,000
    Magdalena Basin 2,250
    Natural Gas Production 1,000
    Average Production 42,550


    Monthly Production Breakdown    (1)(2)

    boe/d April 2025 May 2025 June 2025
    Average Production 41,350 42,300 43,950

    (1) See “Product Type Disclosure.”
    (2) Average production numbers are preliminary, subject to final reconciliation, and rounded for presentation purposes.

    Q2 2025 Conference Call & Webcast

    Parex will host a conference call and webcast to discuss its Q2 2025 results on Wednesday, July 30, 2025, beginning at 9:30 am MT (11:30 am ET). To participate in the conference call or webcast, please see the access information below:

    Conference ID:                                                
    Participant Toll-Free Dial-In Number:                
    Participant Dial-In Number:                             
    Webcast:                                                             		 5403995
    1-646-307-1963
    1-647-932-3411
    https://events.q4inc.com/attendee/228530270

    About Parex Resources Inc.

    Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The Company’s corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.

    For more information, please contact:

    Mike Kruchten
    Senior Vice President, Capital Markets & Corporate Planning
    Parex Resources Inc.
    403-517-1733
    investor.relations@parexresources.com

    Steven Eirich
    Senior Investor Relations & Communications Advisor
    Parex Resources Inc.
    587-293-3286
    investor.relations@parexresources.com

    NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES

    Product Type Disclosure

    Product Type April 2025 May 2025 June 2025
    Light & Medium Crude Oil (bbl/d) 10,803 10,193 10,976
    Heavy Crude Oil (bbl/d) 29,761 31,089 31,811
    Conventional Natural Gas (mcf/d) 4,721 6,115 6,978
    Oil Equivalent (boe/d) 41,350(1) 42,300(1) 43,950(1)
    Product Type For the three months ended June 30, 2025
    Light & Medium Crude Oil (bbl/d) 10,662
    Heavy Crude Oil (bbl/d) 30,899
    Conventional Natural Gas (mcf/d) 5,941
    Oil Equivalent (boe/d) 42,550(1)

    (1) Average production numbers are preliminary, subject to final reconciliation, and rounded for presentation purposes.

    Oil & Gas Matters Advisory

    The term “Boe” means a barrel of oil equivalent on the basis of 6 thousand cubic feet (“mcf”) of natural gas to 1 barrel (“bbl”). Boe may be misleading, particularly if used in isolation. A boe conversion ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6 mcf: 1 bbl, utilizing a conversion ratio at 6 mcf: 1 bbl may be misleading as an indication of value.

    Abbreviations

    The following abbreviations used in this press release have the meanings set forth below:

    bbl/d barrels per day
    boe/d barrels of oil equivalent of natural gas per day
    mcf/d thousand cubic feet per day
       

    PDF available: http://ml.globenewswire.com/Resource/Download/5c0587f6-47f0-4420-bfc6-31a2e9c7cdf2

    The MIL Network –

  • MIL-OSI: Netcapital Announces Up To $9.9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

    Source: GlobeNewswire (MIL-OSI)

    $5 million upfront with up to an additional $4.9 million of potential aggregate gross proceeds upon the exercise in full of short-term warrants

    Boston, July 03, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NPCLW), a digital private capital markets ecosystem, today announced that it has entered into definitive agreements for the purchase and sale of 714,286 shares of common stock at a purchase price of $7.00 per share in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company will issue unregistered short-term warrants to purchase up to 714,286 shares of common stock at an exercise price of $6.88 per share that will be immediately exercisable upon issuance and will expire twenty-four months following the effective date of the registration statement covering the resale of the shares of common stock issuable upon exercise of the unregistered short-term warrants. The closing of the offering is expected to occur on or about July 7, subject to the satisfaction of customary closing conditions.

    H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

    The gross proceeds to the Company from the offering are expected to be approximately $5 million, before deducting placement agent fees and other offering expenses payable by the Company. The potential additional gross proceeds to the Company from the unregistered short-term warrants, if fully-exercised on a cash basis, will be approximately $4.9 million. No assurance can be given that any of such unregistered short-term warrants will be exercised. The Company intends to use the net proceeds from the offering for the repayment of certain outstanding promissory notes and for general working capital purposes.

    The common stock (but not the unregistered short-term warrants and the shares of common stock underlying the unregistered short-term warrants) described above are being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-267921) that was declared effective by the Securities and Exchange Commission (the “SEC”) on October 26, 2022. The offering of the shares of common stock is being made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and accompanying prospectus relating to the registered direct offering will be filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, New York 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

    The unregistered short-term warrants described above are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder and, along with the shares of common stock underlying such unregistered short-term warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the unregistered short-term warrants and underlying shares of common stock may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

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

    About Netcapital Inc.

    Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal Inc. is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

    Forward Looking Statements

    The information contained herein includes forward-looking statements. These statements relate to future events, including, but not limited to, statements relating to closing of the offering and satisfaction of closing conditions of the offering, the expected gross proceeds from the offering, the exercise of the unregistered short-term warrants prior to their expiration and statements regarding the anticipated use of proceeds from the offering, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Investor Contact

    800-460-0815
    ir@netcapital.com

    The MIL Network –

  • MIL-OSI: Locafy Receives Nasdaq Notification Regarding Delayed Filing of Interim Financials

    Source: GlobeNewswire (MIL-OSI)

    PERTH, Australia, July 03, 2025 (GLOBE NEWSWIRE) — Locafy Limited (NASDAQ: LCFY, “Locafy” or the “Company”), a globally recognized leader in location-based digital marketing, today announced that on July 1, 2025, it received a notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(2) (the “Rule”), as the Company has not yet filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter ended December 31, 2024 (the “Filing”).

    The Nasdaq notice has no immediate effect on the listing or trading of the Company’s securities. Under Nasdaq’s listing rules, the Company has 60 calendar days, or until September 1, 2025, to submit a plan to regain compliance. If Nasdaq accepts the Company’s plan, it may grant an extension of up to 180 calendar days from the Filing’s original due date, or until December 29, 2025, for the Company to regain compliance.

    Locafy is working diligently to complete the required filing and intends to submit a compliance plan within the required timeframe. There can be no assurance that the Company’s plan will be accepted or the Company will be able to regain compliance with the Rule.

    About Locafy
     Locafy (Nasdaq: LCFY, LCFYW) is a globally recognized software-as-a-service (SaaS) technology company specializing in local search engine marketing. Founded in 2009, Locafy’s mission is to revolutionize the US$700 billion SEO sector. The Company helps businesses and brands improve search engine relevance and visibility in proximity-based search through a fast, easy, and automated platform. For more information, please visit www.locafy.com.

    Forward-Looking Statements
    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “subject to”, “believe,” “anticipate,” “plan,” “expect,” “intend,” “estimate,” “project,” “may,” “will,” “should,” “would,” “could,” “can,” the negatives thereof, variations thereon and similar expressions, or by discussions of strategy, although not all forward-looking statements contain these words and include, but are not limited to, the Company’s ability to regain and maintain compliance with the Nasdaq Capital Market’s continued listing requirements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 20-F, filed with the SEC on November 12, 2024, as amended, and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements

    Investor Relations Contact:
    Matt Glover
    Gateway Group, Inc.
    (949) 574-3860
    LCFY@gateway-grp.com 

    The MIL Network –

  • MIL-OSI: Quadient recognized for the quality of its financial communication at the 2025 Transparency Awards

    Source: GlobeNewswire (MIL-OSI)

    Quadient recognized for the quality of its financial communication at the 2025 Transparency Awards

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, was honored at the 16th edition of the Transparency Awards, receiving the Transparency Prize in the “Outside SBF 120” category.

    Organized by Labrador, a leading authority in regulated information, the Transparency Awards are based on a thorough analysis of three public sources: the Universal Registration Document, the Annual General Meeting notice brochure, and the corporate website. For this 16th edition, 135 listed French companies were evaluated between March 31 and June 5, 2025, using a grid of 360 objective criteria structured around five core pillars of transparency: accessibility, accuracy, comparability, availability, and clarity.

    This distinction highlights the Group’s ongoing commitment to rigorous, transparent, and intelligible communication with all its shareholders and stakeholders.

    “Transparency is at the heart of the trust we build every day with our stakeholders. This award acknowledges our commitment to delivering clear, sincere, and comprehensive information. By upholding this standard, we strengthen, over time, the quality of our dialogue with investors, clients, and our broader ecosystem,” said Laurent du Passage, Chief Financial Officer of Quadient.

    ***

    About Quadient®
    Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing.

    For more information about Quadient, visit https://invest.quadient.com/.

    Contacts

    Attachment

    The MIL Network –

  • MIL-OSI: Form 8.3 – Qualcomm Incorporated

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.         KEY INFORMATION

    (a) Full name of discloser: Sculptor Capital LP and
    Sculptor Capital Management Europe Limited
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
         The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
         Use a separate form for each offeror/offeree    		 Qualcomm Incorporated
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e) Date position held/dealing undertaken:
         For an opening position disclosure, state the latest practicable date prior to the disclosure    		 02 July 2025
    (f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
         If it is a cash offer or possible cash offer, state “N/A”    		 Yes, Alphawave IP Group plc

    2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security:

     

    		 1p ordinary (US7475251036)
     

     

    		 Interests Short positions
      Number % Number %
    (1) Relevant securities owned and/or controlled:     3,000 0.00
    (2) Cash-settled derivatives:

     

    		        
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:        
     

         TOTAL:

    		     3,000 0.00

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)        Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale

     

    		 Number of securities Price per unit
    1p ordinary (US7475251036) Sale 3,000 USD161.59

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)         Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit
             

     

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
       

     

    		    

    4.         OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state “none”
     

     

     

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)  the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     

     

     

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Form 8.3 – Qualcomm Incorporated

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.         KEY INFORMATION

    (a) Full name of discloser: Sculptor Capital LP and
    Sculptor Capital Management Europe Limited
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
         The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
         Use a separate form for each offeror/offeree    		 Qualcomm Incorporated
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e) Date position held/dealing undertaken:
         For an opening position disclosure, state the latest practicable date prior to the disclosure    		 02 July 2025
    (f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
         If it is a cash offer or possible cash offer, state “N/A”    		 Yes, Alphawave IP Group plc

    2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security:

     

    		 1p ordinary (US7475251036)
     

     

    		 Interests Short positions
      Number % Number %
    (1) Relevant securities owned and/or controlled:     3,000 0.00
    (2) Cash-settled derivatives:

     

    		        
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:        
     

         TOTAL:

    		     3,000 0.00

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)        Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale

     

    		 Number of securities Price per unit
    1p ordinary (US7475251036) Sale 3,000 USD161.59

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)         Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit
             

     

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
       

     

    		    

    4.         OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state “none”
     

     

     

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)  the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     

     

     

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of certain accounts at least once in six months;

    2. provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and

    3. implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/646

    MIL OSI Economics –

  • MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of certain accounts at least once in six months;

    2. provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and

    3. implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/646

    MIL OSI Economics –

  • MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of certain accounts at least once in six months;

    2. provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and

    3. implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/646

    MIL OSI Economics –

  • MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of certain accounts at least once in six months;

    2. provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and

    3. implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/646

    MIL OSI Economics –

  • MIL-OSI Economics: RBI imposes monetary penalty on District Central Co-operative Bank Ltd., Durg, Chhattisgarh

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on District Central Co-operative Bank Ltd., Durg, Chhattisgarh (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the National Bank for Agriculture and Rural Development (NABARD), with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank:

    i) (a) did not upload the KYC records of certain customers onto Central KYC Records Registry (CKYCR) within the prescribed timeline,

    (b) did not carry out periodic updation of KYC of certain customers as per the prescribed periodicity; and

    ii) allotted multiple customer identification codes to certain individual customers, instead of a Unique Customer Identification Code (UCIC) for each individual customer.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/647

    MIL OSI Economics –