Category: Canada

  • MIL-OSI Asia-Pac: SFST promotes HK’s measures for integrating traditional and digital finance at Web Summit Vancouver (with photos)

    Source: Hong Kong Government special administrative region

    SFST promotes HK’s measures for integrating traditional and digital finance at Web Summit Vancouver  
    The Web Summit, a mega event for the tech sector, attracted over 10 000 tech investors, entrepreneurs and industry leaders across the world each time it is hosted. This is the first time the Summit has been held in Vancouver. Mr Hui engaged in a panel discussion session titled “Local to global: Strategies for tech success”, which was joined by the Minister of Jobs, Economic Development and Innovation of the Province of British Columbia, Canada, Ms Diana Gibson. They had an illuminating discussion on the various approaches taken in building dynamic fintech economies, ranging from developing talent, attracting investment to creating opportunities.
     
    Mr Hui said that as one of the top three international financial centres and a leading international green finance hub, Hong Kong is pioneering the integration of traditional and digital finance with a view to strengthening its position as Asia’s gateway for financial innovation. The city is striving to accelerate green and sustainable finance and virtual asset development, with a view to making them key components of the diversified financial value chain. The Hong Kong Monetary Authority has already commenced sandbox experimentation of Project Ensemble, which is a new wholesale central bank digital currency project to support the development of the tokenisation market in Hong Kong.
     
          The fintech ecosystem is thriving in Hong Kong, with around 1 100 fintech companies and start-ups, including 10 licensed virtual asset trading platforms, eight digital banks and four virtual insurers. Pledged to continue playing a leading role in facilitating green and sustainable financing and investment for the global agenda of green transition, Hong Kong issued a policy statement last October to set out its policy stance and approach on the responsible application of artificial intelligence in the financial market. The Government also launched a roadmap last December to require publicly accountable entities (PAEs) to adopt the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) and to provide a well-defined pathway for large PAEs to fully adopt the ISSB Standards no later than 2028. This brings Hong Kong among the first jurisdictions to align its local requirements with ISSB Standards. As an initial step, the Stock Exchange of Hong Kong Limited has already started to implement in phases new climate disclosure requirements to reflect the ISSB Standard No. 2: Climate-related Disclosures since this January.
     
    Mr Hui also updated the Summit on the latest passage of legislation last week establishing a licensing regime for fiat-referenced stablecoins issuers in Hong Kong, as a way to further enhance Hong Kong’s regulatory framework on virtual asset activities for supporting the healthy, responsible and sustainable development of Hong Kong’s stablecoin and the broader digital asset ecosystem. Hong Kong is among the first batch of regions to have introduced stablecoin legislation and strives to fully implement the licensing regime within this year, with a view to approving the first batch of licences as soon as practicable.
     
    Looking forward, Hong Kong will soon promulgate a second policy statement on the development of virtual assets to explore the convergence of traditional finance and virtual assets. A consultation on the licensing regimes for virtual asset over-the-counter trading services and custodian services will also be conducted within this year.
     
    During his stay at the Summit, Mr Hui visited exhibition booths manned by Hong Kong delegates. He was pleased to learn that the Hong Kong delegates received encouraging feedback over the past few days, reflecting the world-class standard of Hong Kong fintech talent and their appeal to investors.
     
         In the afternoon, Mr Hui paid a courtesy call to the Consul General of the People’s Republic of China in Vancouver, Mr Yang Shu. Mr Yang said Hong Kong has always been a window of the country to the world and will continue to be. He encouraged Hong Kong to keep up with its work in deepening international exchanges and co-operation.
     
    Before concluding his visit to Canada, Mr Hui visited Bank of Montreal and met with the Senior Vice President & Head, Mid-Market, Commercial Bank, Mr Andrew Hung, and Senior Vice President & Head, BC & Yukon, Mr Greg Vriend. He told them that in a world full of geopolitical uncertainties, Hong Kong’s financial market is emerging as a risk-off haven for investors and attracting more investments owing to its connectivity with the Mainland and the world at large, bringing greater prospects for the banking sector and different financial areas.
     
    Mr Hui will return to Hong Kong in the early hours of May 31 (Vancouver time).
    Issued at HKT 9:40

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    MIL OSI Asia Pacific News

  • MIL-OSI: Trans Mountain Corporation Releases First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 30, 2025 (GLOBE NEWSWIRE) — Trans Mountain Corporation (“TMC” or “the Company”) has released its financial statements and associated management report for the three months ending March 31, 2025. The Company’s financial results are also included in Canada Development Investment Corporation’s (“CDEV”) consolidated quarterly financial statements.

    Adjusted earnings before interest, taxes, depreciation, and amortization (“EBITDA”) reflect the performance of TMC’s base business. Revenues and Adjusted EBITDA have increased significantly following the commercial commencement of the Expanded System on May 1, 2024.

    Financial Highlights:

    • EBITDA: For the three-month period ending March 31, 2025, Adjusted EBITDA increased by $532 million to $568 million, compared to $36 million in the same period of the prior year.
    • Capital Structure: In December 2024, Canada TMP Finance Ltd., the entity which holds the Government of Canada’s investment in TMC, provided funding to repay $17.9 billion of guaranteed third-party debt. The refinancing results in lower interest costs for the Company, making additional funds available to optimize the system, grow, pay down debt or increase returns to its shareholder.
    • Capital Return: During the first quarter an aggregate of $311 million was paid to Canada TMP Finance Ltd., consisting of $148 million in interest payments and $163 million in cash dividends. These distributions are expected to grow significantly in 2026 and beyond.

    Operational Highlights:

    • Throughput: During the first quarter, the Expanded System had an average daily mainline throughput of approximately 757,000 barrels per day (bpd), including 445,000 bpd to Westridge Marine Terminal, 227,000 bpd to Washington state on the Puget Sound Pipeline and 85,000 bpd to BC delivery points.
    • Vessel Traffic: For the three-month period ending March 31, 2025, 74 vessels were loaded at Westridge Marine Terminal, including 29 vessels in March marking a new monthly high for the Expanded System’s operation. Since the commercial commencement of the Expanded System on May 1, 2024, TMC has loaded 266 vessels at the terminal. Third-party information suggests vessel destinations have been broadly split between the US West Coast and Asia.
    • Loading Performance: Ship loading performance remains strong. During the quarter, approximately 90 per cent of ships were loaded on time, with delays attributable to vessel operator factors.

    Since the commercial commencement of the Expanded System, all deliveries have been subject to the Expanded System tariff and tolls. Contractually committed revenues associated with the 15-and 20-year transportation service contracts covering approximately 80 per cent of the Expanded System’s capacity have resulted in a significant increase to transportation volumes, revenues and Adjusted EBITDA.

    TMC reported net income of $148 million for the first quarter of 2025, as compared to $158 million in the same period of the prior year. While Adjusted EBITDA reflects the results from the Company’s base business, net income incorporates depreciation and amortization expense, as well as the significant financing impacts of the Trans Mountain Expansion Project (“TMEP”), specifically, the equity allowance for funds used during construction (“AFUDC”), interest expense and capitalized debt financing costs.

    While net income decreased by $10 million year-over year, the underlying factors changed significantly. Interest expense before capitalized debt financing costs was materially lower, reflecting the recapitalization of TMC’s balance sheet in December 2024. However, these savings were offset by increased depreciation and amortization expense, and the cessation of equity AFUDC and capitalized debt financing costs on TMEP following the commercial commencement of the Expanded System.

    CEO Comments

    “Trans Mountain is demonstrating its strategic value to Canada’s economy,” said Mark Maki, Chief Executive Officer, Trans Mountain Corporation. “Our team remains focused on safe, reliable operations as we complete one year of Expanded System operations. The Expanded System has driven strong value to Canada’s energy producers and Canadians overall.” Maki continued, “This critical infrastructure is opening new global markets for Canadian energy, reducing reliance on a single US market and ensuring long-term economic benefits for Canadians. These results reflect the hard work, commitment to safety and collaboration of our dedicated team.

    For the three-month period ending March 31, 2025, the West Texas Intermediate to Western Canadian Select differential averaged US$13 per barrel (bbl), which was US$4 per bbl narrower than the average of US$17 per bbl in Q1, 2024. While the differential does not directly affect TMC’s operational or financial performance, the commencement of the Expanded System has contributed to greater egress optionality and improved oil prices for Canadian producers in the Western Canada Sedimentary Basin,” concluded Maki.

    See the full financial statements and management report documents here. See CDEV’s Quarterly Report here.

    Looking Forward

    Toll Hearing: TMC continues to operate under an interim toll structure currently before the Canada Energy Regulator (CER). On November 30, 2023, the CER approved preliminary interim tolls for the Expanded System, which remain in effect today. Under the current CER hearing timeline, final arguments are scheduled for late 2025.

    Optimization Opportunities: Trans Mountain is exploring both short and long-term optimization projects aimed at increasing pipeline capacity by 200,000 bpd to 300,000 bpd. Potential solutions may include the use of drag-reducing agents to increase flow efficiency, as well as other operational enhancements to improve system capabilities.

    Forward-looking information

    This news release contains certain statements that constitute forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking information”). Forward-looking information is not historical fact, but instead represents the current expectations of TMC regarding future operating results and other future events relating to TMC, many of which, by their nature, are inherently uncertain and outside of the control of TMC. Forward-looking information can be identified by words or phrases such as “will”, “may”, “expect”, “anticipate”, “believe”, “intend”, “plan”, “seek”, “aim”, “potential”, “should”, “would” and similar words or expressions. Forward-looking information in this news release includes, but is not limited to, expectations regarding future distributions, potential uses of funds resulting from lower interest costs, expected timing for final arguments for the current CER hearing, potential optimization projects and the expected increase in pipeline capacity resulting from such projects. the opening of global markets for Canadian energy and long-term economic benefits resulting from TMC’s infrastructure. Actual results could differ materially from those anticipated in the forward-looking information. The forward-looking information in this news release is based on certain assumptions that TMC has made regarding, among other things: market conditions, economic conditions, prevailing governmental policies, regulatory, tax, and environmental laws and regulations, inflation rates and commodity prices, future demand for space on TMC’s pipeline systems, interest, tax and foreign exchange rates and expected cash flows and availability of funds. Although TMC believes the assumptions and other factors reflected in the forward-looking information are reasonable as of the date hereof, there can be no assurance that these assumptions and factors will prove to be correct and, as such, forward-looking information is not a guarantee of future performance. Forward-looking information is subject to a number of known and unknown risks and uncertainties that could cause actual events or results to differ materially, including, but not limited to: the regulatory environment and decisions, including the outcome of regulatory hearings, the available supply and price of energy commodities, TMC’s ability to successfully implement its strategic priorities, the operating performance of TMC’s pipelines and related assets, performance and credit risk of TMC’s counterparties, the geopolitical environment, actions taken by governmental or regulatory authorities, changes in laws, the occurrence of unexpected events such as fires and severe weather conditions, cyber-attacks and other accidents or similar events and adverse general economic and market conditions or other risk factors, many of which are beyond the control of TMC. The foregoing list of assumptions and risk factors should not be construed as exhaustive. The forward-looking information contained in this news release speaks only as of the date hereof. TMC does not undertake any obligation to publicly update or revise any forward-looking information contained herein, except as required by applicable laws. All forward looking information contained in this news release is expressly qualified by this cautionary statement.

    GAAP and Non-GAAP measures

    We make use of certain financial measures that do not have a standardized meaning under U.S. GAAP because we believe they improve management’s ability to evaluate our operating performance and compare results between periods. These are known as non-GAAP measures and may not be similar to measures provided by other entities. The non-GAAP measures discussed above should not be considered as an alternative to or more meaningful than revenues, net income, operating income or other U.S. GAAP measures. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization and equity AFUDC) is a non-GAAP measure we use to evaluate our operating performance and is calculated from its most directly comparable U.S. GAAP measure, operating income but excludes the impact of financing decisions, non-cash depreciation and amortization, and non-cash equity AFUDC.

    AFUDC (Allowance for Funds Used During Construction) is an amount recognized under U.S. GAAP by rate-regulated entities to reflect a return on the equity and debt components of capital invested in construction work in progress.

    About Trans Mountain

    Trans Mountain Corporation (together with its wholly-owned subsidiaries, “Trans Mountain”) operates Canada’s only pipeline system transporting oil products to the West Coast. Trans Mountain is a wholly owned entity of Canada TMP Finance Ltd., a subsidiary of Canada Development Investment Corporation (CDEV), the entity which holds the Government of Canada’s investment in TMC. We have nominal capacity to deliver 890,000 barrels of petroleum products each day through a pipeline system of more than 1,180 kilometres of pipeline in Alberta, British Columbia and 111 kilometres of pipeline in Washington state. Trans Mountain also operates a state-of-the-art loading facility, Westridge Marine Terminal, with three berths providing tidewater access to global markets. As a federal Crown corporation, Trans Mountain continues to build on more than 70 years of experience delivering operational and safety excellence through our crude oil pipeline system. To learn more, visit us at www.transmountain.com.

    The MIL Network

  • MIL-OSI Canada: Prime Minister Carney convenes the Incident Response Group

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, convened the Incident Response Group with ministers and senior officials to address the escalating 2025 wildfire situation affecting many parts of the country, particularly Western Canada.

    The group was briefed on the government’s support to affected communities, including the mobilization of Canadian Armed Forces personnel to support air evacuations in Manitoba, notably in the community of the Mathias Colomb Cree Nation. The scale and complexity of these air evacuations cannot be overstated – and neither can the unwavering dedication of the teams executing them.

    The Prime Minister has been in close contact with the Premiers of Manitoba and Saskatchewan. Various arms of the federal government are working with premiers and the Canadian Armed Forces. All orders of government are engaged, including with Indigenous leadership.

    Prime Minister Carney shared that the government will partner with the Canadian Red Cross to match donations and will work with provincial partners to provide essential services, such as temporary lodging, clothing, and food, to those impacted.

    The Prime Minister emphasized emergency management support to all those affected, including First Nations communities. He also expressed gratitude to first responders, Canadian Armed Forces members, and local officials on the ground.

    The Prime Minister affirmed that the government stands ready to mobilize additional federal support wherever needed and in all aspects.

    Associated Links

    MIL OSI Canada News

  • MIL-OSI Canada: Update on the Canadian Food Inspection Agency’s actions at an HPAI infected premise at a British Columbia ostrich farm

    Source: Government of Canada News

    The Canadian Food Inspection Agency (CFIA) and Canada’s national poultry sectors have been responding to detections of highly pathogenic avian influenza (HPAI) in Canada since December 2021. Industry has been highly supportive of the CFIA in its response to HPAI, working collaboratively to implement control measures and protect animal health.

    The CFIA has acted to minimize the risk of the virus spreading within Canadian flocks and to other animals. All avian influenza viruses, particularly H5 and H7 viruses, have the potential to infect mammals, including humans. Our disease response aims to protect public and animal health, minimize impacts on the domestic poultry industry, and the Canadian economy.

    The CFIA’s response to highly pathogenic avian influenza in domestic poultry is based on an approach known as “stamping-out”, as defined by the World Organisation for Animal Health (WOAH) Terrestrial Animal Health Code. Stamping-out is the internationally recognized standard and is a primary tool to manage the spread of HPAI and mitigate risks to animal and human health as well as enable international trade. It includes steps to eliminate the virus from an infected premises, including the humane depopulation and disposal of infected animals, and disinfection of premises. 

    There are ongoing risks to animal and human health and Canada’s export market access

    Allowing a domestic poultry flock known to be exposed to HPAI to remain alive means a potential source of the virus persists. It increases the risk of reassortment or mutation of the virus, particularly with birds raised in open pasture where there is ongoing exposure to wildlife.

    CFIA’s National Centre for Foreign Animal Disease (NCFAD) identified that the current HPAI infection in these ostriches is a novel reassortment not seen elsewhere in Canada. This assortment includes the D1.3 genotype, which has been associated with a human infection in a poultry worker in Ohio.

    A human case of H5N1 in BC earlier this year required critical care, and an extended hospital stay for the patient, and there have been a number of human cases in the United States, including a fatality.

    Stamping-out and primary control zones enable international trade as it allows Canada to contain outbreaks within a specific area, meet the requirements of zoning arrangements with trading partners, and permit Canada’s poultry industry to export from disease-free regions. Continued export market access supports Canadian families and poultry farmers whose livelihoods depend on maintaining international market access for $1.75 billion in exports.

    Current status of the infected premise at Universal Ostrich Farm

    Universal Ostrich Farm has not cooperated with the requirements set out under the Health of Animals Act including failure to report the initial cases of illness and deaths to the CFIA and failure to adhere to quarantine orders. Universal Ostrich Farm was issued two notices of violations with penalty, totaling $20,000.
     
    The farm also failed to undertake appropriate biosecurity risk mitigation measures such as limiting wild bird access to the ostriches, controlling water flow from the quarantine zone to other parts of the farm, or improving fencing. These actions significantly increase the risk of disease transmission and reflect a disregard for regulatory compliance and animal health standards.

    Universal Ostrich Farm has not substantiated their claims of scientific research. CFIA has not received any evidence of scientific research being done at the infected premises.

    Research documentation was not provided during the review of their request for exemption from the disposal order based on unique genetics or during the judicial review process. Further, the current physical facilities at their location are not suitable for controlled research activities or trials.

    On May 13, 2025, the Federal court dismissed both of Universal Ostrich Farm’s applications for judicial review. The interlocutory injunction pausing the implementation of the disposal order was also vacated.

    Following the May 13 court ruling, the farm owners and supporters have been at the farm in an apparent attempt to prevent the CFIA from carrying out its operations at the infected premises. This has delayed a timely and appropriate response to the HPAI infected premises, resulting in ongoing health risks to animals and humans.

    CFIA’s next steps at the infected premises 

    Given that the flock has had multiple laboratory-confirmed cases of H5N1 and the ongoing serious risks for animal and human health, and trade, the CFIA continues planning for humane depopulation with veterinary oversight at the infected premises.

    The CFIA takes the responsibility to protect the health of animals and Canadians extremely seriously as we conduct these necessary disease control measures to protect public health and minimize the economic impact on Canada’s poultry industry.

    For more detailed information on the CFIA’s continued response to HPAI at this infected premises, please visit our website

    MIL OSI Canada News

  • MIL-OSI: Trillion Energy Announces Debt Settlements

    Source: GlobeNewswire (MIL-OSI)

    Vancouver, B.C. , May 30, 2025 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“Trillion or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), announces that it proposes to issue an aggregate of 2,237,082 common shares of the Company in settlement of $101,854.10 in debt owed by the Company to consultants and an officer of the Company (the “Debt Settlement“). The common shares will be subject to a four month and one day hold period from the date of issuance as per applicable Canadian securities legislation.

    In connection with the Debt Settlement, a total of 573,002 common shares of the Company are being issued for certain management services from an officer of the Company (the “Insider Settlement“).

    The Insider Settlement is considered a “related-party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the related party participation in the Debt Settlement based on that the fair market value of such insider participation does not exceed 25% of the Company’s market capitalization.

    About the Company

    Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. More information may be found on www.sedarplus.ca, and our website.

    Contact
    Sean Stofer, Chairman
    Brian Park, VP of Finance
    1-778-819-1585
    E-mail: info@trillionenergy.com
    Website: www.trillionenergy.com

    Cautionary Statement Regarding Forward-Looking Statements

    This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company’s ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.

    These statements are no guarantee of future performance and are subject to certain risks, uncertainties, delay, change of strategy, and assumptions that are difficult to predict and which may change over time. Accordingly, actual results and strategies could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, changes in capital raising strategies, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may increase and be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedarplus.ca, and or request a copy of our reserves report effective December 31, 2023 and filed on April 25, 2024.

    The MIL Network

  • MIL-OSI USA: Governor Polis Signs Bills In Grand Junction and Western Slope to Support Outdoor Recreation and Protect the Great Outdoors

    Source: US State of Colorado

    GRAND JUNCTION – Today, Governor Polis signed bills in Grand Junction to support outdoor recreation and protect the great outdoors that Colorado is known for. Governor Polis signed the bipartisan SB25-174 – Sunset Outfitters & Guides, sponsored by Senators Dylan Roberts and Cleave Simpson and Representatives Meghan Lukens and Matt Soper and the bipartisan HB25-1215 – Redistribution of Lottery Fund, sponsored by Representatives Rick Taggart and Junie Joseph and Senators Jeff Bridges and Barbara Kirkmeyer to support local outdoor recreation businesses and workers, and increase opportunities for every Coloradan to experience the outdoors. 

    “Protecting and enjoying Colorado’s great outdoors is an important part of who we are. These new laws will protect our outdoors, support our outdoor recreation businesses and economy, and expand opportunity to ensure all Coloradans for generations can enjoy our state’s world-class great outdoors,” said Governor Polis. 

    Governor Polis also signed the bipartisan HB25-1021 – Tax Incentives for Employee-Owned Businesses, sponsored by Reps William Lindstedt and Rick Taggart and Senators Jeff Bridges and Mark Baisley. 

    “Employee-owned businesses provide good-paying jobs and support our strong economy. Ownership opportunities for employees are good for businesses and employees, driving growth, creating opportunity, and strengthening recruitment and retention. I am proud of our work to help businesses embrace the benefits of employee ownership,” said Governor Polis. 

    At Grand Junction Community Hospital, Governor Polis signed the bipartisan SB25-071 – Prohibit Restrictions on 340B Drugs, sponsored by Senators Dafna Michaelson Jenet and Janice Rich and Reps Matthew Martinez and Rick Taggart. 

    “We are focused on saving people money on health care, and costly prescription drugs can force Coloradans to decide between paying for prescriptions over food, housing, and other necessities. I am proud to sign a major new law to expand drug discounts and enable hospital providers to expand access to affordable care, including by lowering prescription medication costs. I continue to call on the federal government to grant Colorado’s waiver to import lower-cost prescription drugs from Canada,” said Governor Polis. 

    This afternoon, Governor Polis visited Glenwood Springs to sign the bipartisan SB25-272 – Regional Transportation Authority Sales and Use Tax Exemption, sponsored by Senators Faith Winter and Marc Catlin and Representatives Elizabeth Velasco and Meg Froelich. 

    “Building more housing near transit and expanding transit options is important for our goals to reduce pollution and make our high quality of life more affordable and liveable. This bill will help local governments and regional and local transit agencies build more workforce housing and provide more transportation options that save Coloradans time and money in all four corners of the state,” said Governor Polis. 

    Governor Polis then traveled to Colorado Mountain College to sign the bipartisan HB25-1186 – Work-Based Learning Experiences in Higher Education, sponsored by Representatives Matthew Martinez and Meghan Lukens, and Senators Janice Rich and Dafna Michaelson Jenet. 

    “Expanding opportunities for work-based learning for all students, whether they’re in K-12 or higher education, is important for our workforce, economy, and each student’s future. This bill will expand access to work-based learning in the classroom and in the workforce, helping students gain the skills to get good-paying jobs,” said Governor Polis. 

    Governor Polis also signed the following bipartisan bills into law: 

    • HB25-1080 – Wireless Telephone Infrastructure Deployment Incentives, sponsored by Representatives Meghan Lukens and Matt Soper, and Senator Nick Hinrichsen
    • HB25-1006 – School District Solar Garden Lease Term, sponsored by Representatives Meghan Lukens and Anthony Hartsook and Senators Jeff Bridges and Chris Kolker
    • HB25-1153 – Statewide Government Language Access Assessment, sponsored by Representatives Elizabeth Velasco and Junie Joseph and Senator Iman Jodeh 

    The Governor signed the following bills administratively: 

    • SB25-144 – Change Paid Family Medical Leave Insurance Program, sponsored by Senators Winter and Bridges, and Representatives Willford and Zokaie.
      • “This new law will lower the payroll tax rate and provide a stable, workable pathway for setting premiums and safeguarding the solvency of this fund going forward. It will also provide support to families with children in the NICU, ensuring parents and loved ones can take the time away from work needed to be with their families,” said Governor Polis. Read the Governor’s signing statement.
    • HB25-1094 – Pharmacy Benefit Manager Practices, sponsored by Representatives Brown and Johnson, and Senators Pelton and Roberts. Read the Governor’s signing statement.
    • HB25-1259 – In Vitro Fertilization Protection & Gamete Donation Requirements, sponsored by Representatives Froelich and Brown, and Senators Cutter and Daugherty
    • HB25-1285 – Veterinary Workforce Requirements, sponsored by Representatives McCormick and Johnson, and Senators Kipp and Pelton
    • HB25-1301 – Authorizing Voice Court Reporter to Give Oath, sponsored by Representatives Carter and Espenoza, and Senators Roberts and Gonzales
    • HB25-1304 – Extension of Restitution Deadlines, sponsored by Representatives Froelich and Soper, and Senators Snyder and Bright
    • HB25-1318 – Species Conservation Trust Fund Projects, sponsored by Representatives McCormick and Soper, and Senators Roberts and Catlin
    • HB25-1326 – Updating Safety Net Provider Terminology, sponsored by Representatives Espenoza and Bradley, and Senator Ball
    • SB25-158 – State Agency Procurement & Disposal Certain Items, sponsored by Senators Sullivan and Gonzales, and Representatives Froelich and Brown
    • SB25-278 – Epinephrine Administration in Schools, sponsored by Senator Mullica, and Representatives Stewart and Bradley
    • SB25-285 – Updating Food Establishment Inspection Fees, sponsored by Senator Roberts, and Representatives Lukens and Soper
    • SB25-292 – Workforce Capacity Center, sponsored by Senators Amabile and Bridges, and Representatives Sirota and Taggart
    • SB25-308 – Medicaid Services Related to Federal Authorizations, sponsored by Senators Amabile and Kirkmeyer, and Representatives Taggart and Sirota
    • SB25-309 – Authorize Legislative Fellows, sponsored by Senator Simpson, and Representatives Brown and Bradfield
    • SB25-298 – Remove Term Homosexuality from Criminal Code, sponsored by Senators Daugherty and Lundeen, and Representatives Lindsay and Lukens
    • SB25-312 – American Rescue Plan Act Funds, sponsored by Senators Amabile and Kirkmeyer, and Representatives Bird and Sirota
    • SB25-313 – Proposition 123 Revenue Uses, sponsored by Senators Amabile and Bridges, and Representatives Bird and Sirota 

    ###

    MIL OSI USA News

  • MIL-OSI: EAT & BEYOND ANNOUNCES PROPOSED NAME CHANGE AND UPDATED INVESTMENT POLICY

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, BC, May 30, 2025 (GLOBE NEWSWIRE) — Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat & Beyond” or the “Company”), is pleased to announce that it is proposing a name change and an expansion of its Investment Policy to reflect a change in strategic focus.

    Proposed Name Change

    Subject to shareholder approval, the Company intends to change its name from “Eat & Beyond Global Holdings Inc.” to “Digital Asset Technologies Inc.”. The proposed name change is intended to represent the Company’s forward-looking focus on emerging digital and blockchain technologies, while maintaining its core mission of investing in innovative and impactful businesses.

    Concurrently with the completion of the proposed name change, the Company’s trading symbol on the Canadian Securities Exchange is expected to change to “DATT”. Further details regarding the name change – including the effective date, new CUSIP and ISIN numbers for the Company’s common shares, and the date on which trading will begin under the new ticker symbol – will be provided in a subsequent news release.

    The proposed name change marks a meaningful step in the Company’s continued evolution,” said Young Bann, CEO of Eat & Beyond. “The proposed transition to Digital Asset Technologies Inc. reflects our expanded focus on digital innovation, including blockchain technologies and responsible AI solutions. We believe this new identity better represents the direction of the Company and our broader investment objectives.

    The Company believes that the new name aligns with its updated Investment Policy and long-term strategy to build a diversified portfolio of companies operating at the forefront of emerging technologies. While the Company will continue to support its legacy investments in the food tech and sustainability sectors, it is now placing increased emphasis on opportunities in blockchain infrastructure, asset tokenization, and ethically grounded AI applications.

    Updates to Investment Policy

    The Company has historically focused on investments in the food technology and sustainability sectors. These investments form a key part of the Company’s foundation and will remain in place going forward.

    To complement its existing portfolio, the Company pleased to announce that it has amended and updated its Investment Policy to include a focus on blockchain and related technologies. This includes investments in:

    • Real-World Asset Tokenization: Projects that use blockchain to digitally represent physical or traditional assets.
    • Decentralized Infrastructure: Technologies supporting open, distributed systems.
    • Advanced Trading Analytics: Tools and platforms that support improved data analysis and decision-making in financial markets.

    The Company’s updated investment strategy focuses on supporting ventures that advance innovation in AI, Blockchain, Web3, Fintech, and the broader Information and Communication Technology (ICT) sectors. It aims to invest in technologies that demonstrate solid technical foundations, adhere to ethical practices, incorporate user-focused design, and offer potential long-term societal benefits. The Company intends to support solutions that contribute to the development of digital infrastructure, financial systems, decentralized platforms, and intelligent technologies.

    The Company is committed to identifying ventures that combine technological advancement with practical, real-world impact. The Company targets both early-stage and growth-stage investments and seeks to provide the capital and strategic support needed for these companies to succeed in a rapidly changing technology landscape.

    To view the Company’s updated Investment Policy, please visit its website at www.eatandbeyond.com.

    The proposed name change and amended Investment Policy are subject to approval by the Canadian Securities Exchange and the Company’s shareholders.

    About Eat & Beyond

    Eat & Beyond (CSE: EATS) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech, sustainability and technology. Led by a team of industry experts, Eat & Beyond provides retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food, sustainability and technology sectors. Through its wholly owned subsidiary, Liquidlink AI Corp., the Company has entered the blockchain technology sector with a focus on real-world asset tokenization, decentralized infrastructure, and advanced trading analytics.

    Learn more: www.eatandbeyond.com

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

    For further information: For further information, please contact Young Bann, CEO, young@purposeesg.com.

    Cautionary Note regarding Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, “subject to”, or variations of such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s business strategy, current and future investments, the proposed name change, the updated Investment Policy, and the Company’s ability to obtain the necessary shareholder and regulatory approvals in connection with the proposed name change and updated Investment Policy. Forward-looking statements are based on assumptions, but the actual results may be materially different from any future expectations expressed or implied by the forward-looking statements. The forward-looking statements can be affected by known and unknown risks, uncertainties and other factors, including, but not limited to, the equity markets generally and a failure to obtain the necessary approvals from the Canadian Securities Exchange. Accordingly, readers should not place undue reliance on forward-looking statements.

    The MIL Network

  • MIL-OSI Canada: Advancing North American energy dominance

    Joined by Parliamentary Secretary Chantelle de Jonge, the delegation will showcase Alberta’s position as a leader in responsible energy development in Washington, D.C.

    While in the U.S. capital from June 2-7, Alberta’s delegations will meet with industry leaders, technology innovators and American government officials to advance partnerships and lay the foundation for advancing North American energy dominance and alleviating global energy poverty.

    They will leverage their attendance at the Energy Council’s 2025 Federal Energy and Environmental Matters Conference, the U.S. Energy Streams 10th Washington Energy Forum and the S&P Global Oil Sands Dialogue to support Alberta in becoming a major global energy supplier.

    This mission comes at an important time in Alberta’s relationship with the U.S., as we work to broaden our trade partnerships globally and navigate complex geopolitical environments.

    “While Alberta seeks to enter new global markets, we know that the U.S. remains our largest trading partner, and we believe that through advocacy – this important relationship can and will be maintained. Alberta’s energy future is unstoppable and has a key role to play in helping the U.S. meet its growing energy needs and global energy dominance ambition in a secure and reliable way unmatched by any other energy partner.”

    Danielle Smith, Premier

    “The world needs more of Alberta’s oil, gas and minerals to meet ever evolving energy needs and reduce reliance on products from conflict zones. Alberta can play a crucial role in advancing North American energy dominance and we will work on the partnerships that will lead to a secure energy future.”

    Brian Jean, Minister of Energy and Minerals

    “Alberta’s competitive electricity market and business-friendly environment make our province a destination of choice for investors and a leader in innovative technologies. I am proud to carry that message to our partners south of the border as we continue to build our energy future.”

    Nathan Neudorf, Minister of Affordability and Utilities

    “Alberta is a global leader in responsible energy development. I look forward to working with our U.S. partners to advance new opportunities in our energy sector that will reap benefits on both sides of the border.”

    Chantelle de Jonge, parliamentary secretary for Affordability and Utilities

    This mission builds on the success of CERAWeek in March and is part of Alberta’s continued efforts to promote our vast resource base and responsible energy sector and increase market access for the province’s ethically produced energy, both traditional and emerging.

    Trip expenses for elected officials and staff will be posted on the travel and expense disclosure page.

    Alberta’s government is committed to working with national and international partners to advance shared interests that can lead to new opportunities for people and businesses in Alberta and around the world. By working with industry, researchers and other governments, Alberta is implementing its Emissions Reduction and Energy Development Plan and offering a business-friendly environment primed for investment and growth.

    Itinerary for Premier Smith*

    June 3

    • Travel to Washington, D.C.
    • Meeting with industry partners
    • Attend U.S. Energy Streams 10th Washington Energy Forum Welcome Reception

    June 4

    • Deliver keynote address at day one of the U.S. Energy Streams 10th Washington Energy Forum
    • Bilateral meetings with U.S. legislators
    • Return to Alberta

    *Subject to change.

    Itinerary for Minister Jean*

    June 1

    • Travel to Washington, D.C.

    June 2

    • Minister speaking at CGAI-AmCham Canada Event: Washington DC Natural Gas Dialogue 

    June 3

    • Minister to attend S&P Global Oil Sands Dialogue
    • Participate in panel discussion: The future of North American oil integration
    • U.S. Energy Stream Summit Welcome Reception

    June 4

    • Attending day one of the U.S. Energy Stream Summit

    June 5

    • Day two of the U.S. Energy Stream Summit
    • Minister attending welcome reception for the Energy Council’s 2025 Federal Energy and Environmental Matters Conference

    June 6

    • Minister delivering keynote address at The Energy Council’s 2025 Federal Energy and Environmental Matters Conference
    • Meetings with elected officials

    June 7

    • Travel to return to Edmonton

    *Subject to change.

    Itinerary for Minister Neudorf*

    June 4

    • Travel to Washington, D.C.

    June 5-6

    • Attend the Energy Council’s 2025 Federal Energy and Environmental Matters Conference

    June 7

    • Attend the Energy Council’s 2025 Federal Energy and Environmental Matters Conference
    • Return to Alberta

    *Subject to change.

    Itinerary for Parliamentary Secretary de Jonge*

    June 4

    • Travel to Washington, D.C.

    June 5-7

    • Attend the Energy Council’s 2025 Federal Energy and Environmental Matters Conference

    June 8

    • Personal time

    June 9

    • Return to Alberta

    *Subject to change.

    MIL OSI Canada News

  • MIL-OSI USA: After Leading Congressional Delegation to Canada, Shaheen Highlights Harms of Trump’s Tariffs on Local Businesses and Summer Tourism

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Moultonborough, NH) – After leading a bipartisan Congressional delegation (CODEL) to Canada last week, U.S. Senator Jeanne Shaheen (D-NH) highlighted the local impacts of President Trump’s sweeping tariffs on Granite State businesses at Colby Footwear in Rochester and discussed the negative effects on the summer tourism season with the Mount Washington Valley Chamber of Commerce in North Conway. Photos from today’s events can be found here. 
    “In New Hampshire, we should be preparing to welcome Canadian visitors for the summer tourism season – but instead, local businesses and retail sectors across the state are worrying about how travel cancellations and higher costs resulting from the President’s reckless tariffs on Canada will impact their bottom line and ability to operate,” said Senator Shaheen. “I’ll continue listening to the challenges that Granite Staters are facing so I can ensure their voices are heard in Washington.” 
    Last week, Shaheen led U.S. Senators Kevin Cramer (R-ND), Amy Klobuchar (D-MN), Tim Kaine (D-VA) and Peter Welch (D-VT) on a bipartisan delegation visit to Ottawa, Canada where they met with Prime Minister Mark Carney and members of his cabinet, the Business Council of Canada and other leading Canadian companies and business groups. The delegation reaffirmed the strong U.S.-Canada partnership and support for our bilateral relationship among Congress and the American people.   
    Senator Shaheen is helping lead efforts in Congress to mitigate the harmful impacts of President Trump’s tariffs. In January, Shaheen introduced the Protecting Americans from Tax Hikes on Imported Goods Act which would limit the president’s ability to leverage sweeping tariffs that increase costs for American consumers and families. Her effort to pass this bill by unanimous consent was blocked by Senate Republicans. In recent months, Shaheen has traveled across the Granite State to visit businesses including Chatila’s Bakery, C&J, DCI Furniture, Mount Cabot Maple, American Calan Inc. and NH Ball Bearings to hear directly from Granite Staters impacted by the administration’s tariffs.  
    Later in the day, Shaheen toured Castle in the Clouds in Moultonborough to discuss the upcoming summer tourism season and celebrate the site’s recent designation as a National Historic Landmark. In September of 2024, Shaheen sent a letter to National Park Service Director Charles Sams supporting the designation. 
    “Castle in the Clouds is a Granite State icon that does important work to help preserve New Hampshire’s stunning outdoor spaces and history,” said Shaheen. “I was glad to visit the beautiful landmark today to discuss the upcoming summer tourism season and the work we need to do to ensure Castle in the Clouds can thrive for future generations of Granite Staters to enjoy.” 
    Senator Shaheen has long drawn attention to the integral role Castle in the Clouds plays in fueling New Hampshire’s tourism economy. The 5,500-acre estate sees over 50,000 visitors annually. 

    MIL OSI USA News

  • MIL-OSI USA News: MADE IN THE USA: President Trump’s Vision is Revitalizing American Industry

    Source: US Whitehouse

    President Donald J. Trump heads to Pennsylvania today, where he’ll champion the partnership he brokered between U.S. Steel and Nippon Steel — a $14 billion investment that will create at least 70,000 jobs and ensure steel is made in America for decades to come.

    AMERICAN JOBS, AMERICAN STEEL.

    The landmark agreement comes alongside a host of companies from across industries that are onshoring their production and investing in American manufacturing as President Trump relentlessly pursues his America First trade policies.

    Look no further than the automotive industry:

    • Stellantis announced a $5 billion investment in its U.S. manufacturing network, including re-opening its Belvidere, Illinois, plant and a $388 “megahub” in Detroit, Michigan.
    • General Motors announced an $888 million investment at its propulsion plant in Tonawanda, New York.
    • Volkswagen is planning to make a “massive” investment in its U.S. production.
    • Toyota announced it will boost hybrid vehicle production at its West Virginia plant.
    • Mercedes-Benz announced it will add a new vehicle to its Tuscaloosa, Alabama, manufacturing plant.
    • Honda plans to shift production of the Civic from Japan to the U.S.
    • Hyundai announced a $20 billion investment to support its U.S. vehicle production.
    • Kia plans to produce hybrid vehicles at its affiliate Hyundai’s Georgia factory.

    It’s not just the auto industry; scores of others are lining up to invest in America:

    • Project Stargate, led by Japan-based Softbank and U.S.-based OpenAI and Oracle, announced a $500 billion private investment in U.S.-based artificial intelligence infrastructure.
    • Apple announced a $500 billion investment in U.S. manufacturing and training.
    • NVIDIA, a global chipmaking giant, announced it will invest $500 billion in U.S.-based AI infrastructure over the next four years amid its pledge to manufacture AI supercomputers entirely in the U.S. for the first time.
    • IBM announced a $150 billion investment over the next five years in its U.S.-based growth and manufacturing operations.
    • Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing.
    • Johnson & Johnson announced a $55 billion investment over the next four years in manufacturing, research and development, and technology.
    • Roche, a Swiss drug and diagnostics company, announced a $50 billion investment in U.S.-based manufacturing and research and development, which is expected to create more than 12,000 jobs.
    • Bristol Myers Squibb announced a $40 billion investment over the next five years in its research, development, technology, and U.S.-based manufacturing operations.
    • Eli Lilly and Company announced a $27 billion investment to more than double its domestic manufacturing capacity.
    • United Arab Emirates-based ADQ and U.S.-based Energy Capital Partners announced a $25 billion investment in U.S. data centers and energy infrastructure.
    • Novartis, a Swiss drugmaker, announced a $23 billion investment to build or expand ten manufacturing facilities across the U.S., which will create 4,000 new jobs.
    • John Deere announced plans to invest $20 billion over the next decade in American expansion, production, and manufacturing.
    • United Arab Emirates-based DAMAC Properties announced a $20 billion investment in new U.S.-based data centers.
    • France-based CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs.
    • Sanofi announced it will invest at least $20 billion over the next five years in manufacturing and research and development.
    • Venture Global LNG announced an $18 billion investment at its liquefied natural gas facility in Louisiana.
    • Gilead Sciences announced an $11 billion boost to its planned U.S.-based manufacturing investment.
    • AbbVie announced a $10 billion investment over the next ten years to support volume growth and add four new manufacturing plants to its network.
    • Pratt Industries announced a $5 billion investment to create 5,000 new manufacturing jobs in Ohio, Michigan, Pennsylvania, and Arizona.
    • GlobalWafers, a Taiwanese silicon wafer manufacturer, announced a $4 billion investment in its U.S.-based production.
    • Thermo Fisher Scientific announced it will invest an additional $2 billion over the next four years to enhance and expand its U.S. manufacturing operations and strengthen its innovation efforts.
    • Merck & Co. announced it will invest a total of $9 billion in the U.S. over the next several years after opening a new $1 billion North Carolina manufacturing facility — including in a new state-of-the-art biologics manufacturing plant in Delaware, which will create at least 500 new jobs.
    • Clarios announced a $6 billion plan to expand its domestic manufacturing operations.
    • In addition to its overall investments, Amazon announced it is investing $4 billion in small towns across America, creating more than 100,000 new jobs and driving opportunities across the country.
    • Regeneron Pharmaceuticals, a leader in biotechnology, announced a $3 billion agreement with Fujifilm Diosynth Biotechnologies to produce drugs at its North Carolina manufacturing facility.
    • Kraft Heinz announced a $3 billion investment to upgrade its U.S. factories — its largest investment in its plants in decades.
    • NorthMark Strategies, a multi-strategy investment firm, announced a $2.8 billion investment to build a supercomputing facility in South Carolina.
    • Kimberly-Clark announced a $2 billion investment to expand its U.S. manufacturing operations, including a new advanced manufacturing facility in Warren, Ohio, an expansion of its Beech Island, South Carolina, facility, and other upgrades to its supply chain network.
    • Chobani, a Greek yogurt giant, announced $1.7 billion to expand its U.S. operations.
      • $1.2 billion to build its third U.S. dairy processing plant in New York, which is expected to create more than 1,000 new full-time jobs.
    • Corning announced it is expanding its Michigan manufacturing facility investment to $1.5 billion, adding 400 new high-paying advanced manufacturing jobs for a total of 1,500 new jobs.
    • Carrier announced an additional $1 billion investment in its U.S. manufacturing, innovation, and workforce expansion, which is expected to create 4,000 new jobs.
    • GE Aerospace announced a $1 billion investment in manufacturing across 16 states — creating 5,000 new jobs.
    • Anduril Industries announced a $1 billion investment for a new autonomous weapon system facility in Ohio.
    • Williams International announced a $1 billion investment for a new high-volume aviation gas turbine engine manufacturing facility in Okaloosa County, Florida.
    • Amgen announced a $900 million investment in its Ohio-based manufacturing operation.
    • Merck Animal Health announced an $895 million investment to expand their manufacturing operations in Kansas.
    • Schneider Electric announced it will invest $700 million over the next four years in U.S. energy infrastructure.
    • GE Vernova announced it will invest nearly $600 million in U.S. manufacturing over the next two years, which will create more than 1,500 new jobs.
    • Abbott Laboratories announced a $500 million investment in its Illinois and Texas facilities.
    • AIP Management, a European infrastructure investor, announced a $500 million investment to solar developer Silicon Ranch.
    • London-based Diageo announced a $415 million investment in a new Alabama manufacturing facility.
    • Lego announced a $366 million investment to build a new distribution center in Prince George County, Virginia.
    • The Bel Group announced a $350 million investment to expand its U.S.-based production, including at its South Dakota, Idaho and Wisconsin facilities — which will create 250 new jobs.
    • Dublin-based Eaton Corporation announced a $340 million investment in a new South Carolina-based manufacturing facility for its three-phase transformers.
    • Anheuser-Busch announced a $300 million investment in its manufacturing facilities across the country.
    • Germany-based Siemens announced a $285 million investment in U.S. manufacturing and AI data centers, which will create more than 900 new skilled manufacturing jobs.
    • Clasen Quality Chocolate announced a $230 million investment to build a new production facility in Virginia, which will create 250 new jobs.
    • Fiserv, Inc., a financial technology provider, announced a $175 million investment to open a new strategic fintech hub in Kansas, which is expected to create 2,000 new high-paying jobs.
    • Paris Baguette announced a $160 million investment to construct a manufacturing plant in Texas.
    • Siemens Healthineers announced a $150 million investment to expand production, including relocating manufacturing operations for its Varian company from Mexico to California. 
    • JBS USA announced a $135 million investment for a new sausage production facility in Perry, Iowa.
    • TS Conductor announced a $134 million investment to build an advanced conductor manufacturing facility in South Carolina, which will create nearly 500 new jobs.
    • Switzerland-based ABB announced a $120 million investment to expand production of its low-voltage electrification products in Tennessee and Mississippi.
    • Saica Group, a Spain-based corrugated packaging maker, announced plans to build a $110 million new manufacturing facility in Anderson, Indiana.
    • Hotpack, a Dubai-based maker of food packaging materials and related products, announced a $100 million investment to establish its first U.S. manufacturing facility in Edison, New Jersey.
    • Charms, LLC, a subsidiary of candymaker Tootsie Roll Industries, announced a $97.7 million investment to expand its production plant and distribution center in Tennessee.
    • Toyota Motor Corporation announced an $88 million investment to boost hybrid vehicle production at its West Virginia factory, securing employment for the 2,000 workers at the factory.
    • AeroVironment, a defense contractor, announced a $42.3 million investment to build a new manufacturing facility in Utah.
    • Paris-based Saint-Gobain announced a new $40 million NorPro manufacturing facility in Wheatfield, New York.
    • India-based Sygene International announced a $36.5 million acquisition of a Baltimore biologics manufacturing facility.
    • Asahi Group Holdings, one of the largest Japanese beverage makers, announced a $35 million investment to boost production at its Wisconsin plant.
    • Valbruna Slater Stainless announced a $28 million investment in its stainless steel and nickel alloys bars manufacturing plant in Fort Wayne, Indiana.
    • Cyclic Materials, a Canadian advanced recycling company for rare earth elements, announced a $20 million investment in its first U.S.-based commercial facility, located in Mesa, Arizona.
    • Guardian Bikes announced a $19 million investment to build the first U.S.-based large-scale bicycle frame manufacturing operation in Indiana.
    • Amsterdam-based AMG Critical Minerals announced a $15 million investment to build a chrome manufacturing facility in Pennsylvania.
    • NOVONIX Limited, an Australia-based battery technology company, announced a $4.6 million investment to build a synthetic graphite manufacturing facility in Tennessee.
    • LGM Pharma announced a $6 million investment to expand its manufacturing facility in Rosenberg, Texas.
    • ViDARR, a defense optical equipment manufacturer, announced a $2.69 million investment to open a new facility in Virginia.

    That doesn’t even include the U.S. investments planned by foreign countries:

    • United Arab Emirates committed to investing $1.4 trillion in the U.S. over the next decade.
    • Qatar committed to generating $1.2 trillion in an economic exchange between the two countries.
    • Japan announced a $1 trillion investment in the U.S.
    • Saudi Arabia committed investing $600 billion in the U.S. over the next four years.

    MIL OSI USA News

  • MIL-OSI New Zealand: NZ Currency – 10 cent coin with King Charles III image now in production – Reserve Bank

    Source: Reserve Bank of New Zealand

    29 May 2025 – The Reserve Bank of New Zealand – Te Pūtea Matua has quality checked and approved the 10 cent coin with the effigy of King Charles III, King of New Zealand (KCIII), for production and New Zealanders can expect to see it in their change around 2027.

    Photos of the quality checking were released today giving people the first look at the actual coin.

    “We received pre-production samples of the coin to check and approve before starting the full production run. We check the coins for quality, weight, size, security properties and that they match the design we ordered,” says Ian Woolford, Director of Money and Cash – Tari Moni Whai Take.

    2024 is stamped on the coin which is the year RBNZ placed the order with the Royal Canadian Mint. New Zealand does not have a mint, so our coins are produced overseas.

    The King’s effigy was designed for the Royal Mint by illustrator and designer Dan Thorne to be used on all New Zealand’s coins. The Royal Numismatic Society of New Zealand provided advice on the 10 cent coin before it went into production. The King faces to the left in keeping with the convention that the direction changes between sovereigns.

    “The reverse (or tails) side of the 10 cent coin still features an image of a koruru – the carved face on the gable of a meeting house – designed by James Berry as a part of the 1967 decimal coin series,” says Mr Woolford.

    “All existing circulating coins, and $20 banknotes, bearing images of Queen Elizabeth II continue to be legal tender. We order notes and coins infrequently and do not plan to destroy stock or withdraw them early from circulation as this would be wasteful and poor environmental practice.”

    Minting the 20 cent, 50 cent, $1 and $2 coins with the KCIII image is likely to be around 2027. Coins then typically enter circulation around two years after production.

    “Updating our currency with the new sovereign takes several years because we always hold sufficient stock to deal with demand spikes or supply issues. We make enough coins and banknotes just in case – not just in time,” says Mr Woolford.

    “We will let everyone know when the KCIII coins are due to enter circulation as the time nears.”

    Banks, retailers, consumers and anyone using or handling cash will not need to do anything differently when we introduce the coins bearing the image of the King. We will work with the cash industry to make sure there are no glitches with cash handling machines like self-service checkouts, vending and change machines accepting and issuing the new and old coins.
     

    More information

    King Charles III coin: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=65f32a7e75&e=f3c68946f8

    MIL OSI New Zealand News

  • MIL-OSI: MediPharm Labs Refuses to Answer Direct Questions Regarding Credible Securities Fraud Allegations Says Apollo Capital

    Source: GlobeNewswire (MIL-OSI)

    Demands Management’s Board Nominees John Medland and Emily Jameson Withdraw Immediately or Face Public Complicity in Ongoing Alleged Systemic Violations of Securities Laws

    URGES SHAREHOLDERS TO VOTE THE GOLD PROXY CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND DISREGARD MEDIPHARM LABS’ GREEN PROXY CARD

    TORONTO, May 30, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, today condemned MediPharm Labs and its leadership team for their blatant failure and outright refusal to answer simple, direct, and highly serious questions concerning credible allegations of alleged extensive securities act disclosure violations committed by the MediPharm Labs’ Board of Directors (the “Board”) and management team.

    In a deeply troubling display of evasion and obfuscation, MediPharm Labs’ senior management and current board—including Chairman Chris Taves (Managing Director and Head of Capital Markets for Asia at BMO), CEO David Pidduck (former CEO of OxyContin® Manufacturer Purdue Pharma), Shelley Potts, Chris Halyk, Keith Strachan, and recently resigned Audit Committee Chair Michael Bumby—have persistently refused to respond meaningfully to allegations of systemic and intentional securities fraud.

    Apollo Capital asks incoming MediPharm Labs Board nominees John Medland and Emily Jameson: How long will you continue standing for election to a board that consistently refuses to answer basic questions about credible allegations of securities fraud? Are you prepared to potentially permanently stain your professional reputations by associating yourselves with an entity that has been accused of deliberately evading accountability and transparency?

    Apollo Capital demands immediate, straightforward answers from MediPharm’s directors to the following questions:

    Has MediPharm Labs changed its revenue recognition practices from those in place two years ago?

    Is any purported growth simply a result of creative accounting designed to deceive shareholders?

    Given the undeniable gravity and credible evidence surrounding these allegations, Apollo Capital reiterates its urgent call for an immediate, comprehensive investigation by regulatory authorities including the Ontario Securities Commission (OSC), the Toronto Stock Exchange (TSX), and the U.S. Securities and Exchange Commission (SEC).

    Earlier this week, Apollo Capital raised broader concerns about the current Board’s commitment to ethical conduct, asking its fellow shareholders if they felt like Chairman Chris Taves properly fulfilled his fiduciary and moral duties and obligations to make them fully aware of David Pidduck’s history as CEO and VP of Marketing for OxyContin® Manufacturer Purdue Pharma, and whether they felt like details of Pidduck’s very recent past were MATERIAL facts that Chairman Taves should have made crystal clear before asking them on multiple occasions to vote in favour of Pidduck’s outrageous and off-market compensation package.

    Apollo Capital’s nominees, experienced professionals known for corporate turnarounds, have clearly outlined their mission: to root out any corporate rot, restore credibility, and return value to shareholders.

    MediPharm Labs shareholders deserve accountability, transparency and competent leadership—not empty claims, evasive tactics and an almost complete destruction of investor value.

    Previous Apollo Capital press releases detailing allegations of fraudulent and unethical activities at MediPharm Labs can be accessed here:

    MediPharm Labs Shareholders can visit www.CureMediPharm.com, to sign up for important campaign updates.

    VOTE THE GOLD PROXY CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND DISREGARD MEDIPHARM LABS’ GREEN PROXY CARD

    To access Apollo Capital’s Circular and related proxy materials, including a proxy or voting instruction form, visit SEDAR+ at www.sedarplus.ca.

    Contacts

    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    CureMediPharm@gasthalter.com

    Legal Disclosures

    Information in Support of Public Broadcast Exemption under Canadian Law

    In connection with the Annual Meeting, Apollo Capital has filed an amended and restated dissident information circular (the “Circular”) in compliance with applicable corporate and securities laws. Apollo Capital has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of Apollo Capital’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also able to obtain free copies of the Circular and other relevant documents by contacting Apollo Capital’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com.

    Proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by Apollo Capital and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by Apollo Capital is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of Apollo Capital who will not be specifically remunerated therefor. In addition, Apollo Capital may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy Advisors (“Carson Proxy”) for solicitation and advisory services in connection with the solicitation of proxies for the Meeting, for which Carson Proxy will receive a fee not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide Apollo Capital with certain communications, public relations and related services, for which G&Co will receive a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that Apollo Capital’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of Apollo Capital nor any of their associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of Apollo Capital nor any of their associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than setting the number of directors, the election of directors, the appointment of auditors and the approval of the ordinary resolution approving, among other things, the Company’s amended and restated equity incentive plan dated May 8, 2025 and the unallocated awards available thereunder.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of Apollo Capital and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and Apollo Capital disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Apollo Capital hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    The MIL Network

  • MIL-OSI: Interfield Announces Board Changes

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 30, 2025 (GLOBE NEWSWIRE) — Interfield Global Software Inc. (the “Company”) announces that consequent upon its continued restructuring for development of the previously announced joint venture with Abhi Fintech Ltd., effective May 30, 2025, Steele Hemmerich and Crae Garrett have resigned as directors of the Company. Mr. Hemmerich remains as Chief Executive Officer of the Company.

    The board of directors of the Company (“Board”) would like to thank Steele Hemmerich for his contributions thusfar and looks forward to his continued advice and contribution going forward as the CEO. 

    The Board would also like to thank Mr. Garrett for his contributions to the Company.

    About Interfield Global Software Inc.

    The Company is an unlisted reporting issuer and operates out of Dubai, U.A.E through its wholly owned subsidiary, Interfield Software Solutions LLC (“Interfield Solutions”).

    Interfield Solutions is a software company that services numerous industrial segments worldwide including oil and gas, mining and renewables. Interfield Solutions has two operating divisions, E-commerce and Software as a Service. Equipment Hound, the company’s flagship product of its E-commerce division, is an industrial equipment marketplace that connects buyers and suppliers around the globe. Equipment Hound manages a catalogue of equipment from various suppliers and provides procurement solutions for buyers. It includes features such as requests for quotes, logistics support and third-party verification. ToolSuite, the company’s flagship product of its Software as a Service division, is a cloud based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Harold Hemmerich

    Harold Hemmerich, Chief Financial Officer & Director

    Phone: +971 50 558 8349

    Forward-Looking Statements Disclaimer and Reader Advisory

    This news release contains “forward-looking information” within the meaning of applicable Canadian ‎securities legislation. All statements, other than statements of historical fact, included herein are forward-‎looking information. In particular, this news release contains forward-looking information regarding: the ‎filing of the Annual Filings and Interim Filings, including the timing for the filing of the Annual Filings and Interim Filings and the proposed listing of the Common Shares on the CSE. ‎There can be no assurance that such forward-looking information will prove to be ‎accurate, and actual results and future events could differ materially from those anticipated in such ‎forward-looking information. This forward-looking information reflects the Company’s current beliefs and is based on ‎information currently available to the Company and on assumptions the Company believes are reasonable. These ‎assumptions include, but are not limited to the ability of the Company to complete the Annual Filings in the noted ‎timeframe. Forward-looking information is subject to known and unknown risks, uncertainties and other factors ‎that may cause the actual results, level of activity, performance or achievements of the Company to be materially ‎different from those expressed or implied by such forward-looking information. Such risks and other ‎factors may include, but are not limited to: general business, economic, competitive, political and social ‎uncertainties; general capital market conditions and market prices for securities; delay or failure to receive ‎board or regulatory approvals; the actual results of future operations; competition; changes in legislation ‎‎affecting the Company; the timing and availability of external financing on acceptable terms; long-term capital ‎requirements and future developments in the Company’s markets and the markets in which it expects to ‎compete;‎ or loss of key individuals. A description of additional risk factors ‎that may cause actual results to differ materially from forward-looking information can be found in the Company’s ‎disclosure documents on the SEDAR+ website at www.sedarplus.com. Although the Company has attempted to identify ‎important factors that could cause actual results to differ materially from those contained in forward-‎looking information, there may be other factors that cause results not to be as anticipated, estimated or ‎intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further ‎cautioned not to place undue reliance on forward-looking information as there can be no assurance that ‎the plans, intentions or expectations upon which they are placed will occur. Forward-looking information ‎contained in this news release is expressly qualified by this cautionary statement. The forward-looking ‎information contained in this news release represents the expectations of the Company as of the date of this news ‎release and, accordingly, is subject to change after such date. However, the Company expressly disclaims any ‎intention or obligation to update or revise any forward-looking information, whether as a result of new ‎information, future events or otherwise, except as expressly required by applicable securities law.‎

    No securities regulatory authority has either approved or disapproved the contents of this news release. The Cboe Canada Exchange does not accept responsibility for the adequacy or accuracy of this news release.

    The MIL Network

  • MIL-OSI: Red White & Bloom Brands Provides Update on Status of Annual Filings

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 30, 2025 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) is providing an update on the status of a management cease trade order granted on May 1, 2025 (the “MCTO”) by the British Columbia Securities Commission under National Policy 12-203 – Management Cease Trade Order (“NP 12-203”).

    On May 1, 2025, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements and accompanying management’s discussion and analysis for the fiscal year ended December 31, 2024 (the “Annual Filings”) beyond the period prescribed under applicable Canadian securities laws.

    The Company reports that the audit continues to progress, and it will provide a further update on the timing of its Annual Filings on or about June 13, 2025, if it has not filed by this date. The Company is also progressing on the completion of its interim financial statements and accompanying management’s discussion and analysis for the first quarter ended March 31, 2025 (the “2025-Q1 Filings”). The Company advises that the 2025-Q1 Filings will be filed within five business days from the date the Annual Filings are completed. Further updates on timing will be provided by the Company as necessary.

    During the MCTO, the general investing public will continue to be able to trade in the Company’s listed common shares. However, the Company’s chief executive officer, president and chief financial officer will not be able to trade in the Company’s shares.

    Other than as disclosed in this news release, there are no material changes to the information contained in the initial press release associated with the MCTO. The Company confirms that it intends to satisfy the provisions of NP 12- 203 and will continue to issue bi-weekly default status reports for so long as it remains in default of the Annual Filings requirement. These updates will include information regarding the progress of the Annual Filings and any material changes to the Company’s business, if any.

    About Red White & Bloom Brands Inc.

    Red White & Bloom Brands is a multi-jurisdictional cannabis operator and house of premium brands operating in the United States, Canada and select international jurisdictions. The Company is predominantly focusing its investments on major U.S. markets, including California, Florida, Missouri, Michigan, and Ohio in addition to Canadian and international markets.

    Red White & Bloom Brands Inc.
    Investor and Media Relations
    Edoardo Mattei, CFO
    IR@RedWhiteBloom.com
    947-225-0503
    Visit us on the web: https://www.redwhitebloom.com/.

    Follow us on social media:

    X @rwbbrands

    Facebook @redwhitebloombrands

    Instagram @redwhitebloombrands

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

    FORWARD LOOKING INFORMATION

    Certain information contained in this news release may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information is often identified by the use of words such as “plans,” “expects,” “may,” “should,” “could,” “will,” “intends,” “anticipates,” “believes,” “estimates,” “forecasts,” or variations of such words and phrases, including the negative forms thereof, as well as terms such as “pro forma” and “scheduled,” and similar expressions that refer to future events or outcomes.

    Forward-looking statements in this release include, without limitation, statements relating to the anticipated timing, review, completion, and filing of the Annual Filings and Q1 Filings; the expected duration of the MCTO; the Company’s ongoing operations; and the Company’s intention to issue bi-weekly default status updates.

    Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risks associated with audit completion processes; regulatory reviews and approvals; market conditions; the Company’s financial condition and liquidity; the ability to achieve the anticipated benefits of the debt restructuring; and the risk that the Company may not be able to complete its Annual Filings within the timeframe currently anticipated.

    There can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

    The Company disclaims any obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

    THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE COMPANY’S EXPECTATIONS AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

    The MIL Network

  • MIL-OSI Canada: Minister’s statement on official opening of Blackwater Mine

    Jagrup Brar, Minister of Mining and Critical Minerals, has released the following statement in recognition of the official opening of the new Blackwater Mine:

    “I am thrilled to congratulate Artemis Gold Inc. on the grand opening of the Blackwater Mine. This new mine has already created hundreds of good jobs, helping boost the local economy and support small businesses and services in the area. It is a big achievement for the company and for B.C.’s mining industry, showcasing how we can build strong projects that support jobs and communities, while protecting the environment and respecting the land and the people who live here.

    “Our government is proud to support responsible mining projects like this one — projects that put safety, sustainability and partnerships at the Centre. B.C. has some of the highest environmental standards in the world, and Blackwater is a great example of how industry can thrive while meeting those standards.

    “I also want to recognize the work Artemis has done with Indigenous communities. This ongoing collaboration reflects how reconciliation and economic development must go hand in hand.

    “Mining is a big part of B.C.’s economy. It supports approximately 40,000 jobs around the province and is an important driver for our shared future. Right now, there are many critical minerals and mining projects in the works which could bring tens of billions of dollars in investment and create 10,000 direct jobs to the province. We are seeing strong progress throughout the province — at projects like Highland Valley Copper, Red Chris, Eskay Creek, Mt. Milligan, and KSM. These projects show that B.C. is ready to lead in clean and responsible mining.

    “Once again, congratulations Artemis Gold. This is a proud moment for your team, for this region and for all of B.C.”

    MIL OSI Canada News

  • MIL-OSI: Athene Announces Redemption of All Outstanding Series C Preferred Stock and Related Depositary Shares

    Source: GlobeNewswire (MIL-OSI)

    WEST DES MOINES, Iowa, May 30, 2025 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”) today announced it will redeem all outstanding shares of its 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series C (the “Series C Preferred Stock”), and the corresponding depositary shares (CUSIP: 04686J 309; ISIN: US04686J3095) (the “Depositary Shares”), each representing a 1/1,000th interest in a share of the Series C Preferred Stock.

    The Series C Preferred Stock will be redeemed on the upcoming dividend payment date on June 30, 2025 (the “Redemption Date”). All 24,000,000 Depositary Shares currently outstanding will be redeemed on the Redemption Date. On and after the Redemption Date, no shares of Series C Preferred Stock or Depositary Shares will remain outstanding.

    The Depositary Shares will be redeemed at a redemption price of $25.00 per Depositary Share (equivalent to $25,000 per share of Series C Preferred Stock) (the “Redemption Price”). The regular quarterly dividend on the Depositary Shares was separately declared and will be paid separately on June 30, 2025 to holders of record on June 15, 2025 for such dividend payment in the customary manner. Accordingly, the Redemption Price does not include any accrued and unpaid dividends. No further dividends will be declared or paid following the Redemption Date.

    Simultaneously with the redemption of the Series C Preferred Stock, the outstanding Depositary Shares will be redeemed on the Redemption Date in accordance with the applicable procedures of The Depository Trust Company (“DTC”), for an amount per Depositary Share equal to the Redemption Price. All Depositary Shares are held in book-entry form through DTC. Payment to DTC for the Depositary Shares will be made by Computershare Inc. and Computershare Trust Company, N.A., collectively, as redemption agent. The address for the redemption agent is as follows:

    Computershare Trust Company, N.A.
    Attn: Corporate Actions
    150 Royall St.
    Canton, MA 02021

    Investors in the Depositary Shares should contact the bank or broker through which they hold a beneficial interest in the Depositary Shares for information about obtaining the Redemption Price for the shares of Depositary Shares in which they have a beneficial interest.

    About Athene
    Athene is the leading retirement services company with over $380 billion of total assets as of March 31, 2025, and operations in the United States, Bermuda, Canada, and Japan. Athene is focused on providing financial security to individuals by offering an attractive suite of retirement income and savings products and also serves as a solutions provider to corporations.

    Forward-Looking Statements
    This press release contains, and certain oral statements made by Athene’s representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks, uncertainties and assumptions that could cause actual results, events and developments to differ materially from those set forth in, or implied by, such statements. These statements are based on the beliefs and assumptions of Athene’s management and the management of Athene’s subsidiaries. Generally, forward-looking statements include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” “should,” or “continues” or similar expressions. Forward-looking statements within this press release include, but are not limited to, statements regarding future growth prospects and financial performance. Although Athene management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to be correct. For a discussion of other risks and uncertainties related to Athene’s forward-looking statements, see its annual report on Form 10-K for the year ended December 31, 2024, which can be found at the SEC’s website www.sec.gov. All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

    Media Contact
    Jeanne Hess
    VP, External Relations
    +1 646 768 7319
    jeanne.hess@athene.com

    The MIL Network

  • MIL-OSI Canada: Shaunavon Recognized for Being an Age Friendly Community

    Source: Government of Canada regional news

    Released on May 30, 2025

    Shaunavon is being recognized for the community’s commitment to age-friendly programs and actions that help older adults.

    As part of the official recognition, Shaunavon is receiving the Age-Friendly award from the Government of Saskatchewan and the Saskatchewan Seniors Mechanism (SSM).

    “Shaunavon has earned its Age-Friendly status for actively considering the needs of seniors as it improves the quality of life for everyone,” Seniors Minister Lori Carr said. “Our government is happy to recognize the Age-Friendly Communities initiative. We hope all communities consider how making healthy, accessible and inclusive infrastructure and programs available makes everyone feel valued and supported.” 

    Some examples in Shaunavon include an initiative for transportation for medical appointments, an intergenerational reading program where seniors read with school children, and tech time when high school students help seniors with technology issues or learning new tasks.

    “Positive aging requires a strong community framework that supports and encourages social connections and acknowledges and enables older adult contributions,” SSM President Shan Landry said. “I am delighted that Shaunavon has done the hard work and collaborated to make their community Age-Friendly. On behalf of SSM, I welcome Shaunavon to the growing numbers of communities across the province that are working together to support all community members to age positively and thrive.” 

    For more information on the Age-Friendly Communities Recognition Program, including the application process, visit the Saskatchewan Seniors Mechanism at www.skseniorsmechanism.ca or the Age-Friendly Saskatchewan at www.agefriendlysk.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI USA: United States Secures the Extraditions of Individuals Accused of Violent and Other Serious Crimes from Canada, Colombia, Costa Rica, the Dominican Republic, Georgia, Guatemala, Germany, Guinea-Bissau, Honduras, Israel, Kenya, Kosovo, Malaysia, Mauritius,

    Source: US State of North Dakota

    United States Also Returned International Fugitives Wanted for Terrorism, Murder, Attempted Murder and Child Sexual Abuse to Canada, India, and Mexico

    Note: The defendants whose names are underlined hyperlink to press releases.

    WASHINGTON — Extensive coordination between the Justice Department and law enforcement authorities in Canada, Colombia, Costa Rica, the Dominican Republic, Georgia, Guatemala, Germany, Guinea-Bissau, Honduras, Israel, Kenya, Kosovo, Malaysia, Mauritius, Mexico, Moldova, Panama, Peru, Spain, Thailand, Türkiye, Ukraine and the United Kingdom (UK) resulted in the extraditions in April and May of dozens of individuals. The defendants returned to the United States are alleged to have committed crimes — including child sexual abuse and rape, murder, hate crimes, assault, narcoterrorism, drug trafficking, alien smuggling, cybercrime, money laundering, fraud, aggravated robbery and extortion — in a number of U.S. states and federal districts, including Arizona, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Minnesota, New Hampshire, Nevada, New Jersey, New York, Ohio, Pennsylvania, Puerto Rico, South Carolina, Texas, Utah, Virginia, Washington and the District of Columbia.

    The fugitives extradited to the United States include:

    • Michail Chkhikvishvili, also known as Mishka, Michael, Commander Butcher, and Butcher, 21, a Georgian national and alleged leader of a white supremacist group, was extradited from Moldova to face charges in the Eastern District of New York for soliciting hate crimes and planning a mass casualty attack in New York City. As the alleged leader of the white supremacist group “Maniac Murder Cult,” an international, racially motivated violent extremist group that adheres to a neo-Nazi ideology and promotes violence against racial minorities, the Jewish community, and other groups that it deems “undesirables,” Chkhikvishvili allegedly traveled to Brooklyn in 2022 and actively solicited acts of mass violence with a person who was, unbeknownst to Chkhikvishvili, an undercover FBI employee. In November 2023, Chkhikvishvili allegedly began planning a mass casualty attack to take place on New Year’s Eve, which would involve an individual dressing up as Santa Claus and handing out candy laced with poison to racial minorities. In January 2024, as alleged, the scheme evolved and Chkhikvishvili specifically directed the undercover FBI employee to target the Jewish community, Jewish schools, and Jewish children in Brooklyn.

    • Liridon Masurica, also known as @blackdb, 33, a national of Kosovo and alleged administrator of an online criminal marketplace, was extradited from Kosovo to face charges of conspiracy to commit access device fraud and fraudulent use of 15 or more unauthorized access devices in the Middle District of Florida.

    • Adrian Alberto Cano Gomez, also known as Andrea, 45, a national of Colombia and an alleged member of the Ejército de Liberación Nacional (ELN), a designated foreign terrorist organization, was extradited from Colombia to face charges in the Southern District of Texas of narco-terrorism and distributing kilogram quantities of cocaine from Colombia.

    • Aler Baldomero Samayoa-Recinos, also known as Chicharra, 58, a national of Guatemala and alleged leader of a prolific Guatemalan drug trafficking organization, was extradited from Guatemala to face charges in the District of Columbia of conspiracy to distribute five kilograms of cocaine for importation to the United States.

    • Daniel Flores, 49, a national of Mexico, was extradited from Mexico to face charges of first-degree murder for the 1995 killing of two brothers, both U.S. Marines, ages 22 and 19, in Cook County, Illinois.

    • Manuel Alejandro Vasquez, 47, a citizen of Mexico, was extradited from Mexico to face a charge of murder in Ventura County, California. Vasquez’s two co-defendants were convicted in 1999 and sentenced to life without the possibility of parole for the 1998 murder of a man in his home over an alleged unpaid debt. Vasquez fled to Mexico before charges could be filed against him.

    • Tyler Buchanan, 23, a UK national, was extradited from Spain to face charges of conspiracy to commit computer intrusion, wire fraud, and aggravated identity theft in the Central District of California. Among other crimes, Buchanan and his co-conspirators allegedly stole cryptocurrency worth millions of dollars following phishing attacks on over 45 companies based in the United States, Canada, and the UK.

    • Felix Manuel Mejia-Gonzalez, 33, a Dominican citizen, was extradited from the Dominican Republic to face charges of fentanyl trafficking in the District of New Hampshire.

    • Samuel Steven Huggler, 28, a U.S. citizen, was extradited from Spain, to face charges relating to the alleged murder and attempted murders of three of his siblings in Vanderburgh County, Indiana. Huggler is charged with aiding, inducing, or causing murder, three counts of conspiracy to commit murder, two counts of aiding, inducing, or causing attempted murder, and possession of an altered firearm. 

    • Michel Patrick Desalles, 54, a Mauritian national, was extradited from Mauritius to face a charge of murder in the second degree in the State of New York. Desalles allegedly choked his employer to death with zip ties and immediately fled the United States in 2017.

    • Juan Miguel Roman-Balderas, 45, a citizen of Mexico, was extradited from Mexico to face two charges of murder in Prince George’s County, Maryland. Roman-Balderas is alleged to have stabbed to death his 28-year-old ex-girlfriend in April 2014 in Greenbelt, Maryland.

    • Rody L. Wilcox, 50, a U.S. citizen, was extradited from Georgia to face charges of lewd conduct with a minor under 16 years of age filed in Latah County, Idaho. Wilcox allegedly sexually assaulted a six-year-old child on multiple occasions in 2023. In 2024, Wilcox fled Idaho while on bond. Through OIA’s cooperation with the FBI, U.S. Department of State Diplomatic Security Service and Georgian authorities, Wilcox was arrested in Georgia on Aug. 16, 2024, while en route to the Russian Federation.

    • Miguel Angel Urbano-Vazquez, 48, a citizen of Mexico, was extradited from Mexico to face charges of aggravated first-degree murder and rape in Pierce County, Washington. Urbano-Vazquez is alleged to have raped four victims between March and October 2002, one of whom he is also alleged to have murdered in the course of rape.

    • Gilberto Gutierrez, 46, a citizen of El Salvador, was extradited from El Salvador to face charges of rape, child abuse, and related sex offenses in Wicomico County, Maryland. Gutierrez allegedly repeatedly sexually abused two girls under the age of 10 years old between approximately 1999 and 2004.

    • Ramon Manriquez Castillo, 68, a dual U.S. and Mexican citizen; Edgar Rodriguez Ruano, 29, a Mexican citizen; Fernando Javier Escobar Tito, 48, an Ecuadorian citizen; and Anderson Jair Gamboa Nieto, 30, a Colombian citizen, were surrendered by Guinea-Bissau to face drug trafficking charges in the Southern District of Florida. The co-defendants are alleged members of a transnational drug trafficking organization comprised of several cartels in Mexico, Colombia, and Venezuela, and they allegedly conspired to distribute large quantities of cocaine through Colombia, Venezuela, Mexico, the Bahamas, and Guinea-Bissau using a U.S.-registered airplane, with a U.S. citizen onboard, from about November 2023 to September 2024. They are also charged with distributing cocaine in these countries using an airplane with a U.S. citizen onboard.

    • Artem Aleksandrovych Stryzhak, 35, a Ukrainian national, was extradited from Spain to face charges of conspiracy to commit fraud, extortion, and related activity in connection with computers in the Eastern District of New York and the Middle District of Florida. According to the charges in the Eastern District of New York, Stryzhak is one of the administrators of the Nefilim ransomware gang. The Middle District of Florida charges allege that Stryzhak used the Hive ransomware to engage in a computer hacking and extortion scheme that targeted businesses in the United States and abroad. The Hive ransomware group is estimated to have attacked approximately 1,500 victims and extorted approximately $110 million in ransom payments.

    The fugitives extradited by the United States include:

    • Tahawwur Hussain Rana, 64, a Canadian citizen, native of Pakistan, and convicted terrorist, was extradited to India to stand trial on 10 criminal charges stemming from his alleged role in the 2008 terrorist attacks in Mumbai that killed 160 people, including six Americans, and wounded hundreds more.

    • Aaron Seth Juarez, 26, a U.S. citizen, was extradited to Mexico to be prosecuted for femicide for the 2019 killing of his approximately 31-year-old stepmother, whose body he allegedly buried in the backyard of her Tijuana home. 

    The Justice Department’s Office of International Affairs (OIA), along with the U.S. Marshals Service, provided significant assistance in securing the defendants’ arrests and extraditions. The U.S. Attorney’s Offices for the Central District of California and the Eastern District of California litigated with OIA the successful outgoing extradition cases for Rana and Juarez, respectively. OIA and the Criminal Division’s Narcotic and Dangerous Drug Section’s Office of Judicial Attaché in Bogotá, Colombia provided significant assistance in securing the arrests and extraditions from Colombia. The Criminal Division’s Office of Overseas Prosecutorial Development, Assistance and Training (OPDAT) also provided assistance with the extraditions from Guatemala and Kosovo. The Justice Department thanks and acknowledges the instrumental role of its law enforcement partners in Canada, Colombia, Costa Rica, the Dominican Republic, Georgia, Guatemala, Germany, Guinea-Bissau, Honduras, Israel, Kenya, Kosovo, Malaysia, Mauritius, Mexico, Moldova, Panama, Peru, Spain, Thailand, Türkiye, Ukraine and the United Kingdom for making these extraditions possible.

    An indictment and criminal complaint are merely allegations. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News

  • MIL-OSI USA: IAM Union and Bipartisan Lawmakers Push to Sustain C-130J Production

    Source: US GOIAM Union

    WASHINGTON, May 30, 2025 – The IAM Union and over 70 members of Congress are leading the charge on Capitol Hill to support strong funding and production levels for the C-130J Program in Fiscal Year 2026. IAM Local 709 members at Lockheed Martin in Marietta, Ga., proudly build the aircraft.

    A bipartisan letter to House appropriators calling for robust Fiscal Year 2026 (FY26) funding for the C-130J Super Hercules program has secured the support of 77 members of the U.S. House of Representatives.

    Led by Reps. Barry Loudermilk (R-Ga.), Julia Brownley (D-Calif.), David Scott (D-Ga.), and Claudia Tenney (R-N.Y.), the letter urges the House Defense Appropriations Subcommittee to continue investing in the C-130J, the only U.S.-manufactured military airlift currently in production.

    The letter recommends the following additions to the FY26 Defense Appropriations bill:

    +8 C-130J aircraft for the Air National Guard (ANG) and Air Force Reserve Command (AFRC)

    +3 to +5 KC-130J aircraft for the Navy Reserve (USNR) to continue the C/KC-130T recapitalization

    +2 LC-130J ski-equipped aircraft for the ANG

    +2 KC-130J aircraft for the U.S. Marine Corps to replace operational losses

    +$100 million for fleetwide Diminishing Manufacturing Sources (DMS)

    +$71 million for non-recurring engineering for the ANG’s LC-130J variant

    “The C-130J is the only U.S.-made airlift currently in production, and a stable and efficient production line is vital in supporting current and future Department of Defense and allied nation airlift requirements,” said IAM Union International President Brian Bryant. “The C-130J production line provides for thousands of high-skilled Machinists Union jobs and supports more than 27,000 jobs across its nationwide supply chain.”

    The IAM Union applauds the growing bipartisan support and strongly encourages all members of Congress to join in securing the future of this critical national security asset.

    Read the complete letter here. 

    The IAM Union (International Association of Machinists and Aerospace Workers) is one of North America’s largest and most diverse industrial trade unions, representing approximately 600,000 active and retired members in the aerospace, defense, airlines, shipbuilding, railroad, transit, healthcare, automotive, and other industries across the United States and Canada.

    goIAM.org | @IAM_Union

    The post IAM Union and Bipartisan Lawmakers Push to Sustain C-130J Production appeared first on IAM Union.

    MIL OSI USA News

  • MIL-OSI USA: DBEDT NEWS RELEASE: Visitor Industry Grows Again in April 2025

    Source: US State of Hawaii

    DBEDT NEWS RELEASE: Visitor Industry Grows Again in April 2025

    Posted on May 29, 2025 in Latest Department News, Newsroom

     

     

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    JOSH GREEN, M.D.
    GOVERNOR

    KE KIAʻĀINA

    DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM

    KA ʻOIHANA HOʻOMOHALA PĀʻOIHANA, ʻIMI WAIWAI A HOʻOMĀKAʻIKAʻI

     

    RESEARCH AND ECONOMIC ANALYSIS DIVISION

     

    JAMES KUNANE TOKIOKA

    DIRECTOR

    KA LUNA HOʻOKELE

     

    1. EUGENE TIAN

    CHIEF STATE ECONOMIST

     

     

    VISITOR INDUSTRY GROWS AGAIN IN APRIL 2025

     

    FOR IMMEDIATE RELEASE

    May 29, 2025

     

    HONOLULU – According to preliminary statistics from the Department of Business, Economic Development and Tourism (DBEDT), total visitor arrivals and total visitor spending in April 2025 increased compared to the same month last year. There were 833,219 visitors to the Hawaiian Islands in April 2025, up 7.9 percent from April 2024. Total visitor spending measured in nominal dollars was $1.69 billion, which was growth of 9.4 percent from April 2024. When compared to pre-pandemic 2019 levels, April 2025 total visitor arrivals represent a 98.1 percent recovery from April 2019 and total visitor spending was higher than April 2019 ($1.32 billion, +28.3%).

    In April 2025, 810,276 visitors arrived by air service, mainly from the U.S. West and U.S. East. Additionally, 22,943 visitors came via out-of-state cruise ships. In comparison, 740,720 visitors (+9.4%) arrived by air and 31,695 visitors (-27.6%) came by cruise ships in April 2024, and 824,610 visitors (-1.7%) arrived by air and 24,787 visitors (-7.4%) came by cruise ships in April 2019. The average length of stay by all visitors in April 2025 was 8.36 days, compared to 8.28 days (+1.1%) in April 2024 and 8.25 days (+1.4%) in April 2019. The statewide average daily census was 232,323 visitors in April 2025, compared to 213,080 visitors (+9.0%) in April 2024 and 233,616 visitors (-0.6%) in April 2019.

    In April 2025, 457,248 visitors arrived from the U.S. West, which was an increase compared to April 2024 (400,070 visitors, +14.3%) and April 2019 (388,573 visitors, +17.7%). U.S. West visitor spending of $855.0 million rose from April 2024 ($765.2 million, +11.7%), and was much higher than April 2019 ($547.0 million, +56.3%). Daily spending by U.S. West visitors in April 2025 ($234 per person) decreased slightly from April 2024 ($236 per person, -0.8%) but was up considerably from April 2019 ($171 per person, +36.7%).

    In April 2025, arrivals from the U.S. East of 180,383 visitors increased from April 2024 (176,339 visitors, +2.3%) and April 2019 (159,115 visitors, +13.4%). U.S. East visitor spending of $449.1 million rose from April 2024 ($436.8 million, +2.8%) and was significantly more than April 2019 ($286.8 million, +56.6%). Daily spending by U.S. East visitors in April 2025 ($277 per person) increased from April 2024 ($273 per person, +1.4%) and was much more than April 2019 ($200 per person, +38.4%).

    There were 52,358 visitors from Japan in April 2025, an increase from April 2024 (50,626 visitors, +3.4%) but continued to be much lower than April 2019 (119,487 visitors, -56.2%). Visitors from Japan spent $77.4 million in April 2025, compared to $75.1 million (+3.0%) in April 2024 and $164.0 million (-52.8%) in April 2019. Daily spending by Japanese visitors in April 2025 ($245 per person) was higher than April 2024 ($238 per person, +3.2%) and April 2019 ($234 per person, +5.0%).

    In April 2025, 36,381 visitors arrived from Canada, down from April 2024 (38,936 visitors, -6.6%) and April 2019 (56,749 visitors, -35.9%). Visitors from Canada spent $91.0 million in April 2025 compared to $88.3 million (+3.0%) in April 2024 and $100.2 million (-9.2%) in April 2019. Daily spending by Canadian visitors in April 2025 ($224 per person) increased from April 2024 ($221 per person, +1.6%) and was much higher than April 2019 ($154 per person, +45.8%).

    There were 83,905 visitors from all other international markets in April 2025, which included visitors from Oceania, Other Asia, Europe, Latin America, Guam, the Philippines, and the Pacific Islands. In comparison, there were 74,749 visitors (+12.2%) from all other international markets in April 2024 and 100,686 visitors (-16.7%) in April 2019.

    In April 2025, a total of 4,885 transpacific flights with 1,085,113 seats serviced the Hawaiian Islands. Total air capacity was similar to April 2024 (4,890 flights, -0.1% with 1,080,344 seats +0.4%) but less than April 2019 (5,031 flights, -2.9% with 1,112,200 seats, -2.4%).

    Year-to-Date 2025

     

    A total of 3,288,966 visitors arrived in the first four months of 2025, up 3.2 percent from 3,186,223 visitors in the first four months of 2024. Total arrivals decreased 2.6 percent when compared to 3,376,675 visitors in the first four months of 2019.

    In the first four months of 2025, total visitor spending was $7.30 billion, an increase compared to the first four months of 2024 ($6.82 billion, +7.2%) and the first four months of 2019 ($5.81 billion, +25.7%).

    VIEW FULL NEWS RELEASE AND TABLES

     

    Statement by DBEDT Director James Kunane Tokioka

     

    April was a solid month for the visitor industry. The industry has performed well during the first four months of 2025, mainly driven by continued growth in the U.S. markets (U.S. West and U.S. East). U.S. arrivals grew by 5.5 percent, offsetting the decline in arrivals from international markets.

     

    We expect a modest slowdown in tourism during the summer season caused by uncertainties in the political and economic environment both nationally and internationally. We believe the situation will be temporary and anticipate the state’s tourism industry to rebound in 2026.

    # # #

     

     

    Media Contacts:

     

    Laci Goshi 

    Communications Officer

    Department of Business, Economic Development and Tourism

    Cell: 808-518-5480

    Email: [email protected]

     

    Jennifer Chun

    Director of Tourism Research

    Department of Business, Economic Development and Tourism

    Phone: 808-973-9446

    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI Security: United States Secures the Extraditions of Individuals Accused of Violent and Other Serious Crimes from Canada, Colombia, Costa Rica, the Dominican Republic, Georgia, Guatemala, Germany, Guinea-Bissau, Honduras, Israel, Kenya, Kosovo, Malaysia, Mauritius,

    Source: United States Attorneys General 1

    United States Also Returned International Fugitives Wanted for Terrorism, Murder, Attempted Murder and Child Sexual Abuse to Canada, India, and Mexico

    Note: The defendants whose names are underlined hyperlink to press releases.

    WASHINGTON — Extensive coordination between the Justice Department and law enforcement authorities in Canada, Colombia, Costa Rica, the Dominican Republic, Georgia, Guatemala, Germany, Guinea-Bissau, Honduras, Israel, Kenya, Kosovo, Malaysia, Mauritius, Mexico, Moldova, Panama, Peru, Spain, Thailand, Türkiye, Ukraine and the United Kingdom (UK) resulted in the extraditions in April and May of dozens of individuals. The defendants returned to the United States are alleged to have committed crimes — including child sexual abuse and rape, murder, hate crimes, assault, narcoterrorism, drug trafficking, alien smuggling, cybercrime, money laundering, fraud, aggravated robbery and extortion — in a number of U.S. states and federal districts, including Arizona, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Minnesota, New Hampshire, Nevada, New Jersey, New York, Ohio, Pennsylvania, Puerto Rico, South Carolina, Texas, Utah, Virginia, Washington and the District of Columbia.

    The fugitives extradited to the United States include:

    • Michail Chkhikvishvili, also known as Mishka, Michael, Commander Butcher, and Butcher, 21, a Georgian national and alleged leader of a white supremacist group, was extradited from Moldova to face charges in the Eastern District of New York for soliciting hate crimes and planning a mass casualty attack in New York City. As the alleged leader of the white supremacist group “Maniac Murder Cult,” an international, racially motivated violent extremist group that adheres to a neo-Nazi ideology and promotes violence against racial minorities, the Jewish community, and other groups that it deems “undesirables,” Chkhikvishvili allegedly traveled to Brooklyn in 2022 and actively solicited acts of mass violence with a person who was, unbeknownst to Chkhikvishvili, an undercover FBI employee. In November 2023, Chkhikvishvili allegedly began planning a mass casualty attack to take place on New Year’s Eve, which would involve an individual dressing up as Santa Claus and handing out candy laced with poison to racial minorities. In January 2024, as alleged, the scheme evolved and Chkhikvishvili specifically directed the undercover FBI employee to target the Jewish community, Jewish schools, and Jewish children in Brooklyn.

    • Liridon Masurica, also known as @blackdb, 33, a national of Kosovo and alleged administrator of an online criminal marketplace, was extradited from Kosovo to face charges of conspiracy to commit access device fraud and fraudulent use of 15 or more unauthorized access devices in the Middle District of Florida.

    • Adrian Alberto Cano Gomez, also known as Andrea, 45, a national of Colombia and an alleged member of the Ejército de Liberación Nacional (ELN), a designated foreign terrorist organization, was extradited from Colombia to face charges in the Southern District of Texas of narco-terrorism and distributing kilogram quantities of cocaine from Colombia.

    • Aler Baldomero Samayoa-Recinos, also known as Chicharra, 58, a national of Guatemala and alleged leader of a prolific Guatemalan drug trafficking organization, was extradited from Guatemala to face charges in the District of Columbia of conspiracy to distribute five kilograms of cocaine for importation to the United States.

    • Daniel Flores, 49, a national of Mexico, was extradited from Mexico to face charges of first-degree murder for the 1995 killing of two brothers, both U.S. Marines, ages 22 and 19, in Cook County, Illinois.

    • Manuel Alejandro Vasquez, 47, a citizen of Mexico, was extradited from Mexico to face a charge of murder in Ventura County, California. Vasquez’s two co-defendants were convicted in 1999 and sentenced to life without the possibility of parole for the 1998 murder of a man in his home over an alleged unpaid debt. Vasquez fled to Mexico before charges could be filed against him.

    • Tyler Buchanan, 23, a UK national, was extradited from Spain to face charges of conspiracy to commit computer intrusion, wire fraud, and aggravated identity theft in the Central District of California. Among other crimes, Buchanan and his co-conspirators allegedly stole cryptocurrency worth millions of dollars following phishing attacks on over 45 companies based in the United States, Canada, and the UK.

    • Felix Manuel Mejia-Gonzalez, 33, a Dominican citizen, was extradited from the Dominican Republic to face charges of fentanyl trafficking in the District of New Hampshire.

    • Samuel Steven Huggler, 28, a U.S. citizen, was extradited from Spain, to face charges relating to the alleged murder and attempted murders of three of his siblings in Vanderburgh County, Indiana. Huggler is charged with aiding, inducing, or causing murder, three counts of conspiracy to commit murder, two counts of aiding, inducing, or causing attempted murder, and possession of an altered firearm. 

    • Michel Patrick Desalles, 54, a Mauritian national, was extradited from Mauritius to face a charge of murder in the second degree in the State of New York. Desalles allegedly choked his employer to death with zip ties and immediately fled the United States in 2017.

    • Juan Miguel Roman-Balderas, 45, a citizen of Mexico, was extradited from Mexico to face two charges of murder in Prince George’s County, Maryland. Roman-Balderas is alleged to have stabbed to death his 28-year-old ex-girlfriend in April 2014 in Greenbelt, Maryland.

    • Rody L. Wilcox, 50, a U.S. citizen, was extradited from Georgia to face charges of lewd conduct with a minor under 16 years of age filed in Latah County, Idaho. Wilcox allegedly sexually assaulted a six-year-old child on multiple occasions in 2023. In 2024, Wilcox fled Idaho while on bond. Through OIA’s cooperation with the FBI, U.S. Department of State Diplomatic Security Service and Georgian authorities, Wilcox was arrested in Georgia on Aug. 16, 2024, while en route to the Russian Federation.

    • Miguel Angel Urbano-Vazquez, 48, a citizen of Mexico, was extradited from Mexico to face charges of aggravated first-degree murder and rape in Pierce County, Washington. Urbano-Vazquez is alleged to have raped four victims between March and October 2002, one of whom he is also alleged to have murdered in the course of rape.

    • Gilberto Gutierrez, 46, a citizen of El Salvador, was extradited from El Salvador to face charges of rape, child abuse, and related sex offenses in Wicomico County, Maryland. Gutierrez allegedly repeatedly sexually abused two girls under the age of 10 years old between approximately 1999 and 2004.

    • Ramon Manriquez Castillo, 68, a dual U.S. and Mexican citizen; Edgar Rodriguez Ruano, 29, a Mexican citizen; Fernando Javier Escobar Tito, 48, an Ecuadorian citizen; and Anderson Jair Gamboa Nieto, 30, a Colombian citizen, were surrendered by Guinea-Bissau to face drug trafficking charges in the Southern District of Florida. The co-defendants are alleged members of a transnational drug trafficking organization comprised of several cartels in Mexico, Colombia, and Venezuela, and they allegedly conspired to distribute large quantities of cocaine through Colombia, Venezuela, Mexico, the Bahamas, and Guinea-Bissau using a U.S.-registered airplane, with a U.S. citizen onboard, from about November 2023 to September 2024. They are also charged with distributing cocaine in these countries using an airplane with a U.S. citizen onboard.

    • Artem Aleksandrovych Stryzhak, 35, a Ukrainian national, was extradited from Spain to face charges of conspiracy to commit fraud, extortion, and related activity in connection with computers in the Eastern District of New York and the Middle District of Florida. According to the charges in the Eastern District of New York, Stryzhak is one of the administrators of the Nefilim ransomware gang. The Middle District of Florida charges allege that Stryzhak used the Hive ransomware to engage in a computer hacking and extortion scheme that targeted businesses in the United States and abroad. The Hive ransomware group is estimated to have attacked approximately 1,500 victims and extorted approximately $110 million in ransom payments.

    The fugitives extradited by the United States include:

    • Tahawwur Hussain Rana, 64, a Canadian citizen, native of Pakistan, and convicted terrorist, was extradited to India to stand trial on 10 criminal charges stemming from his alleged role in the 2008 terrorist attacks in Mumbai that killed 160 people, including six Americans, and wounded hundreds more.

    • Aaron Seth Juarez, 26, a U.S. citizen, was extradited to Mexico to be prosecuted for femicide for the 2019 killing of his approximately 31-year-old stepmother, whose body he allegedly buried in the backyard of her Tijuana home. 

    The Justice Department’s Office of International Affairs (OIA), along with the U.S. Marshals Service, provided significant assistance in securing the defendants’ arrests and extraditions. The U.S. Attorney’s Offices for the Central District of California and the Eastern District of California litigated with OIA the successful outgoing extradition cases for Rana and Juarez, respectively. OIA and the Criminal Division’s Narcotic and Dangerous Drug Section’s Office of Judicial Attaché in Bogotá, Colombia provided significant assistance in securing the arrests and extraditions from Colombia. The Criminal Division’s Office of Overseas Prosecutorial Development, Assistance and Training (OPDAT) also provided assistance with the extraditions from Guatemala and Kosovo. The Justice Department thanks and acknowledges the instrumental role of its law enforcement partners in Canada, Colombia, Costa Rica, the Dominican Republic, Georgia, Guatemala, Germany, Guinea-Bissau, Honduras, Israel, Kenya, Kosovo, Malaysia, Mauritius, Mexico, Moldova, Panama, Peru, Spain, Thailand, Türkiye, Ukraine and the United Kingdom for making these extraditions possible.

    An indictment and criminal complaint are merely allegations. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI Security: Amherst — Cumberland County District RCMP charges man with 18 offences after police car stolen in New Brunswick

    Source: Royal Canadian Mounted Police

    Cumberland County District RCMP has charged a man with more than 20 offences after an RCMP police car was reported stolen in New Brunswick and driven into Nova Scotia.

    On May 16, at approximately 2:32 p.m., Cumberland County District RCMP and Amherst Police Department (APD) responded to a report by New Brunswick RCMP dispatch that a stolen RCMP police car was entering Nova Scotia.

    The movements of the car were being monitored through the car’s GPS system by the RCMP operational communications centre (OCC) in New Brunswick. The RCMP OCC in Nova Scotia took over monitoring the vehicle’s movements once it entered the province.

    APD officers attempted to stop the vehicle on Hwy. 2 in Upper Nappan, but the driver fled towards Amherst Point on the Southampton Rd. APD and RCMP officers pursued the car. Minutes later, officers deployed a spike belt on Southampton Rd., damaging the suspect vehicle.

    The suspect entered onto Hwy. 104 westbound as officers followed. At approximately 2:49 p.m., officers safely forced the car off the highway near the Fort Lawrence overpass and took the suspect into custody.

    No one was injured during the arrest.

    Highway 104 was closed for approximately six hours in support of the operation.

    The RCMP police car was stolen on May 16 while an RCMP officer responded to a report of an unwanted person at a hotel in Sackville, New Brunswick.

    Kyle Douglas Smith, 37, of Moncton, has been charged in Nova Scotia with:

    • Assaulting a Peace Officer with a Weapon
    • Assaulting a Peace Officer
    • Operation While Prohibited
    • Flight from a Peace Officer
    • Dangerous Operation
    • Operation while Impaired
    • Possession of Property Obtained by Crime
    • Failure to Comply with a Release Order
    • Possession of a Weapon for a Dangerous Purpose (two counts)
    • Unauthorized Possession of a Firearm
    • Possession of a Firearm Knowing Its Possession is Unauthorized (two counts)
    • Unauthorized Possession in Motor Vehicle (two counts)
    • Possession of a Prohibited or Restricted Firearm with Ammunition
    • Possession of Weapon Obtained by Commission of Offence
    • Mischief

    Smith appeared in Amherst Provincial Court on May 21 and was remanded into custody. He’s scheduled to next appear in Amherst Provincial Court on June 16.

    Smith is also facing charges in New Brunswick.

    The RCMP in New Brunswick and Nova Scotia were prepared to issue an alert through the Alert Ready system; the suspect, however, was then apprehended quickly and safely.

    File #: 2025-662879

    MIL Security OSI

  • MIL-OSI Security: Head of Jeddore — RCMP charges a man with sexual offences against a youth victim

    Source: Royal Canadian Mounted Police

    RCMP Halifax Regional Detachment (HRD) has charged a man with sexual offences committed against a youth victim known to him.

    Yesterday evening, in relation to an ongoing sexual assault investigation, RCMP officers, assisted by the RCMP/HRP Integrated Criminal Investigation Division and the RCMP Emergency Response Team, executed a warrant to enter a residence near the 9500 block of Hwy. 7.

    Inside the home, officers located and safely arrested a 30-year-old Dartmouth man involved in a sexual assault, and two other men for unrelated matters. At the scene, a stolen motorcycle was also recovered.

    Codie Kenneth Bruce Horne has been charged with:

    • Uttering Threats
    • Sexual Assault
    • Sexual Interference
    • Invitation to Sexual Touching
    • Failure to Comply with a Release Order (two counts)
    • Intimidation of a Justice System Participant

    Horne was held in custody and will appear in Dartmouth Provincial Court today.

    File: 25-47019, 25-74832

    MIL Security OSI

  • MIL-OSI: Quantum eMotion Announces Upsized Brokered LIFE Financing of C$12,000,000

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

    MONTREAL, May 30, 2025 (GLOBE NEWSWIRE) — Quantum eMotion Corp. (“QeM” or the “Corporation”) (TSX.V: QNC; OTCQB: QNCCF; FSE: 34Q0) is pleased to announce that it has increased the size of its previously announced best efforts brokered private placement due to increased institutional demand for total gross proceeds of C$12,000,000 (the “Offering”), consisting of 8,000,000 units of the Corporation (each a “Unit”) at a price of C$1.50 per Unit (the “Offering Price”), pursuant to the listed issuer financing exemption (the “LIFE Exemption”) under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”).

    A.G.P. Canada Investments ULC (“Agent“) is acting as the sole bookrunner and agent for the Offering and A.G.P./Alliance Global Partners is acting as sole U.S. placement agent for the Offering.

    Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the securities issued pursuant to the LIFE Exemption are expected to be immediately freely tradeable and will not be subject to a hold period under applicable Canadian securities laws. The Units may also be offered to persons in the United States pursuant to exemptions from the registration requirements under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and all applicable U.S. state securities laws, as well as outside Canada and the United States on a basis which does not require the qualification or registration of any of the Corporation’s common shares or require the Corporation to be subject to any ongoing disclosure requirements under any domestic securities laws.

    There is an offering document related to the Offering that can be accessed under the Corporation’s profile at www.sedarplus.ca and on the Corporation website at https://www.quantumemotion.com/. Prospective investors should read this offering document before making an investment decision.

    It is expected that closing of the Offering will take place on or about June 2, 2025 (the “Closing Date”). Closing of the Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals.

    This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act” ), and such securities may not be offered or sold to, or for the account or benefit of, persons in the United States or U.S. persons absent registration or an applicable exemption from U.S. registration requirements. “ United States” and “ U.S. persons” have the meanings ascribed to them in Regulation S under the U.S. Securities Act.

    About Quantum eMotion

    The Company’s mission is to address the growing demand for affordable hardware and software security for connected devices. Thanks to its patented Quantum Random Number Generator, QeM has become a pioneering force in classical and quantum cybersecurity solutions. This security solution exploits quantum mechanics’ built-in unpredictability and promises to provide enhanced protection for high-value assets and critical systems. For further information, please visit our website at https://www.quantumemotion.com/ or contact us at: info@quantumemotion.com

    The Company intends to target highly valued Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Krown Technologies and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.

    For further information, please visit our website at https://www.quantumemotion.com/ or contact:

    Francis Bellido, Chief Executive Officer

    Tel: 514.956.2525

    Email: info@quantumemotion.com

    Website: www.quantumemotion.com

    Cautionary Note regarding Forward-Looking Statements

    This news release contains “forward-looking information” within the meaning of applicable securities laws, which is based upon the Corporation’s current internal expectations, estimates, projections, assumptions and beliefs. Such forward-looking statements and forward-looking information include, but are not limited to, statements concerning the Corporation’s expectations with respect to the use of proceeds and the use of the available funds following completion of the Offering, the completion of the Offering, if it is to be completed at all; the expected Closing Date; and the completion of the Corporation’s business objectives, and the timing, costs, and benefits thereof. Forward-looking statements or forward-looking information relate to future events and future performance and include statements regarding the expectations and beliefs of management based on information currently available to the Corporation. Such forward-looking statements and forward-looking information often, but not always, can be identified by the use of words such as “plans”, “expects”, “potential”, “is expected”, “anticipated”, “is targeted”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements or forward-looking information are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements or forward-looking information, including, without limitation, risks and uncertainties relating risks inherent to the cybersecurity industry, the value of the Corporation’s intangible assets, completing proof of concept studies, protecting intangible assets rights, timing and availability of external financing on acceptable terms or at all, the possibility that future results will not be consistent with the Corporation’s expectations, increases in costs, changes in legislation and regulation, changes in economic and political conditions and other risks involved in the cybersecurity industry and inherent to new technologies, such as risk of obsolescence, slow adoption and competing technological advances; and those risks set out in the Corporation’s public documents filed on SEDAR+ at www.sedarplus.ca.

    Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or forward-looking information. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that could cause results not to be as anticipated, estimated or intended. For more information on the Corporation and the risks and challenges of its business, investors should review the Corporation’s annual filings that are available at www.sedarplus.ca. The Corporation provides no assurance that forward-looking statements or forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements and information. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Corporation disclaims any intent or obligation to update any forward-looking information.

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

    The MIL Network

  • MIL-OSI Canada: Remarks by Minister of National Defence David McGuinty at CANSEC 2025

    Source: Government of Canada News

    Check Against Delivery

    Vice-Chief of the Defence Staff, Lieutenant-General Kelsey, 
    Members of the Canadian Armed Forces, 
    International delegates, 
    Service members from our Allies and partners, 
    Members of the diplomatic corps, 

    Fellow parliamentarians, 

    And finally, industry partners,

    Good morning everyone, bonjour à tous.

    It’s a privilege to join you for this year’s CANSEC. My thanks to Christyn Cianfarani and everyone at CADSI for organizing this important event, and for bringing us together.

    It is especially an honour to be here as CANSEC is hosted in the electoral district I represent. I want to welcome you all to Ottawa South.

    Many of the companies in this room have a home in the National Capital Region. With over 10,000 workers, Ottawa’s defence sector is a major employer. We have talent working in all aspects of the industry from tech, aerospace, and manufacturing. This is my first major engagement as Minister of National Defence.

    Many of you are new faces—but I’m looking forward to getting to know you, and learning more about how your work strengthens Canada’s defence and security.

    Building a business is difficult. It comes with a lot of uncertainty and financial risk. Without you taking on that risk, we wouldn’t have the equipment and services needed to keep Canadians safe.

    So, thank you, for getting to work, thank you for employing Canadians, and thank you for growing our economy.

    For those of you here today in uniform…
    The people who commit their lives to service…
    Who take on the hardest tasks in the toughest conditions…
    Who are ready at the drop of a hat… 
    Who deserve the best from those of us who support them— 

    Thank you for choosing to serve Canada.

    I’ve been struck by the deep sense of shared purpose I’ve seen—across government and industry—to strengthen our defence capabilities, and ensure our people are equipped for today’s challenges and tomorrow’s threats.

    We have a clear direction, and we’ve made a decision. We’ve decided to act without delay, in close cooperation with our industry partners.

    The global security environment today is volatile and uncertain.

    Russia’s illegal and immoral invasion of Ukraine has stretched into a third, brutal year. China’s imperial ambitions are increasingly clear—in its military buildup and its assertive posture toward other international powers.

    And, states like North Korea and Iran continue to act as destabilizing forces in the Indo-Pacific and the Middle East.

    Canada is not immune to these threats.

    We face real challenges—both military and non-military—that demand an equally strong and coordinated response.

    This includes growing activity in the Arctic, where our competitors have shown little hesitation in challenging Canada’s territorial sovereignty.

    As well as the threats posed by emerging technologies that are changing the very nature of war.

    And we get it.

    We are moving quickly to ensure our military has the tools to defend our country and continent—while remaining an engaged, reliable partner abroad.

    And here is the key message: this work can only be done in partnership with you. 

    It is work that needs the full spectrum of equipment and services offered in this room—from quantum computing to shields to ammunition.

    A new government was elected some four short weeks ago, and having run on a platform to strengthen Canada’s sovereignty and security, your government is moving to take immediate and decisive action to rebuild Canada’s defence capacity, rearm the Canadian Armed Forces, and invest in the Canadian defence industry.

    The commitments we are making will support skilled and reliable jobs and stimulate growth in our communities across the country—including in more than 3,000 communities where the Canadian Armed Forces are present.

    Already, in Canada, defence accounts for two hundred seventy-six thousand direct and indirect jobs.

    Let’s be practical: we see this with the opening of the new B Jetty in CFB Esquimalt, which created close to 1,300 jobs during its construction.

    We see this in our Future Aircrew Training program, an $11.2 billion investment in training the next generation of Canadian aviators – which will create or maintain 3,400 jobs annually across Canada.

    We see this with our River-Class Destroyer project, which will sustain over 5,000 jobs over the next 15 years, many of them in Halifax, Nova Scotia.

    And by sourcing Canadian-made steel, aluminum, and critical minerals, we will multiply the economic benefits and strengthen local industries— like the aluminium industry in Québec.

    But that’s not enough. I share in your ambition to do more.

    Now is the time to scale up our production here at home. Now is the time for government and industry to work together.

    Now is the time for your government to invest in you—to capitalize on the immense and growing defence opportunities.

    Canada’s defence is bolstered by the strong relationships we have with our Allies and international partners.

    We have over fifty international delegates attending CANSEC this year – a testament to the high calibre of the Canadian defence industry.

    And as we strengthen these international ties, there will be opportunities for industry to help us deliver on shared priorities.

    In November, Canada and Australia signed an agreement to work together on researching emerging missile threats, with a focus on countering hypersonic weapon systems.

    And, earlier this year, Prime Minister Carney announced further cooperation with the Australians—investing over six billion dollars in a partnership to develop advanced Over the Horizon Radar capabilities.

    After all, the Canadian Arctic belongs to Canada.

    I want to increase the work our defence industry does with our Allies and partners.

    My promise to you is that I will be: 

    Unafraid to carry the flag of the Canadian defence industry around the globe. 

    Unafraid to champion the innovative and class leading technology of Canadian companies. 

    Unafraid to help you compete on the world stage.

    Our defence industry is world-class.

    Innovative, highly skilled, and globally competitive.

    Yet we need to better harness what you bring to the table.

    In previous engagements between National Defence and industry, many of you raised concerns—about friction points, timelines, and the need for clear, consistent guidance.

    I want to reassure you that your comments have been heard.

    Our forthcoming Defence Industrial Strategy will put your insights into action.

    We’ll build a secure, resilient industrial base that supports long-term defence goals.

    Canada has planned to triple defence spending from 2014 levels by 2030—but, your government is moving to accelerate this.

    Your government will invest more to acquire the necessary equipment the CAF needs to be successful in carrying out its missions.

    We’re also taking real steps to improve how we buy, maintain, and upgrade our equipment. That includes streamlining our requirements and speeding up delivery—so CAF members get the tools they need, faster.

    And we’re moving toward a more regular, ongoing approach to defence planning. One that helps us stay on top of global threats, track our progress, and fix gaps before they grow.

    I don’t need to remind you that the world is changing fast—and this new approach will help us keep up. It will also give more consistency and predictability to our industry partners.

    Having a strong, well-equipped military, supported by a strong defence industrial base, is top priority for me, for the Prime Minister, and for your government—as demonstrated by the PM’s appointment of Canada’s first-ever Secretary of State for Defence Procurement, Stephen Fuhr.

    And as your government promises to do more, we ask that you do more.

    We simply cannot afford to wait a decade for the capabilities we need today.

    We need you to help us meet our ambitious timelines.

    Canadians have a legacy of mobilizing quickly when times get tough.

    During the Second World War, we went from just six ships to the third-largest navy in the world.

    We can—and we will—recapture that same innovative spirit.

    By procuring new equipment we can meet modern challenges.

    But, we need people.

    We need soldiers, aviators, and sailors.

    The people that make up the Canadian Armed Forces are our greatest asset. Without them, we wouldn’t be able to accomplish anything we set out to do.

    Last fiscal year, we surpassed our recruitment goals, bringing in over 6,700 new Regular Force members.

    That’s a 55% increase from the year before.

    And we will build on this success and grow our recruitment numbers even further.

    We’re going to do that by making it easier to serve, by building more housing units on bases, by expanding access to childcare, by providing better training, better equipment, and meaningful opportunities for career growth.

    And by building a culture rooted in dignity, inclusion, and respect for everyone who serves.
    We ask a hell of a lot of our military members and their families. 
    We ask them to be apart for extended periods of time. 
    We ask them to carry out dangerous missions. 
    In fact, we ask them to put the safety of others before their own—in defence of peace, freedom, and democracy.

    That is a lot to ask.

    And no matter the task, they carry out their duties with the utmost skill, dedication, and professionalism.

    To the Canadian Armed Forces members listening: you are simply second to none.

    To conclude we’re ready to work with you to bring this vision for defence, and for Canada’s defence industry, to life. In fact, no government can do this without you.

    Without your risk taking.

    Without your creativity.

    Without your entrepreneurship.

    Our cooperation will ensure our Armed Forces members have everything they need to protect our country and those who call it home.

    And reaffirm Canada’s position as a reliable and valuable partner on the international stage.

    We are seized with the urgency of this task—and I know you are too. Our country is calling on us to take on this responsibility in the defence of Canadians, their security and sovereignty.

    Thank you. Merci.

    MIL OSI Canada News

  • MIL-OSI Security: Lansdowne Station — Pictou County missing persons investigation continues with ground search this weekend

    Source: Royal Canadian Mounted Police

    Ground search efforts are planned for tomorrow (May 31) as the missing persons investigation into the disappearance of Lilly and Jack Sullivan continues.

    In an effort to advance the ongoing investigation and locate Lilly and Jack, searchers from ground search and rescue teams and the RCMP will focus on specific areas around Gairloch Rd. and the nearby pipeline trail, where a boot print was previously located.

    We continue to ask that the public avoid the search area to allow trained searchers to do their work.

    Any future searches will be determined based on the course of the investigation.

    MIL Security OSI

  • MIL-OSI Canada: Seizure of contraband and unauthorized items at Warkworth Institution

    Source: Government of Canada News (2)

    May 30, 2025 – Campbellford, Ontario – Correctional Service Canada

    On May 27, 2025, as a result of the vigilance of staff members, a package containing contraband was seized at Warkworth Institution, a medium security federal institution.

    The contraband seized included tobacco and marijuana. The total estimated institutional value of these seizures is $52,860.

    The Correctional Service of Canada (CSC) has heightened measures to prevent contraband from entering its institutions in order to help ensure a safe and secure environment for everyone. CSC also works in partnership with the police to take action against those who attempt to introduce contraband or unauthorized items into correctional institutions.

    CSC has set up a telephone tip line for all federal institutions so that it may receive additional information about activities relating to security at CSC institutions. These activities may be related to drug use or trafficking that may threaten the safety and security of visitors, inmates, and staff members working at CSC institutions.

    The toll-free number, 1‑866‑780‑3784, helps ensure that the information shared is protected and that callers remain anonymous. 

    MIL OSI Canada News

  • MIL-OSI Canada: Supporting survivors of sexual violence with counselling

    Sexual violence is devastating and can have lifelong impacts on a survivor’s health, relationships and overall sense of safety. Almost 1.8 million Albertans have experienced some form of sexual violence in their lifetime.

    To help support access to counselling services for survivors of sexual violence, Alberta’s government is investing an additional $1.5 million in sexual assault centres, further delivering on its commitment to increase funding for sexual assault centres by $10 million. This investment builds on the $1.5 million that was distributed to sexual assault centres in March 2025, and is in addition to the $13.8 million invested annually to 15 sexual assault centres across the province and the Association of Alberta Sexual Assault Services for sexual violence supports and services. 

    “The work of sexual assault centres across Alberta is incredibly important. To stop the growth of sexual violence in our communities, we continue to make investments that enhance sexual violence programming to better support survivors. Together, we can keep our communities safe from sexual violence and let survivors know that we believe them and that they can access the supports they need.”

    Searle Turton, Minister of Children and Family Services

    This investment is another step in helping to ensure that Alberta is the safest place to live, work and raise a family. It builds on the recent release of Building on our Strengths, Alberta’s 10-Year Strategy to End Gender-Based Violence, which outlines how the Government of Alberta will work to prevent gender-based violence, support those impacted and ensure those committing these crimes are held to account.

    “As we mark the end of Sexual Violence Awareness Month, our government remains committed to addressing the unacceptable rates of all forms of gender-based violence, including sexual violence. Alberta’s comprehensive strategy to end gender-based violence advances over 100 initiatives to prevent violence and support survivors. With continued investments in vital programs, we are ensuring survivors can access the supports they need, where and when they need them.” 

    Tanya Fir, Minister of Arts, Culture and Status of Women 

    “We appreciate this investment in sexual assault services. Sustained funding is essential to ensure those affected by sexual assault and abuse receive timely, compassionate support that is both trauma-informed and specific to sexual violence, and responsive to the diverse needs of Albertans.”

    Haley Scott, co-CEO, Association of Alberta Sexual Assault Services

    Sexual assault centres play a critical role in supporting survivors. By providing access to services such as counselling, sexual assault centres support survivors work through their trauma in a safe, caring environment.

    If you or someone you know is experiencing sexual violence, you are not alone. You can call or text the Alberta One Line for Sexual Violence at 1-866-403-8000 or visit your local sexual assault centre for support.

    Key facts

    • More information about preventing sexual violence is available at alberta.ca/sexual-violence-prevention.
    • Sexual assault centres offer crisis intervention supports, counselling, police and court support, education, outreach and advocacy to help Albertans in need.
    • Budget 2025 invests more than $88 million for the prevention of family and sexual violence which includes sexual assault centres to help individuals and families get the support they need.

    Related information

    • Sexual violence prevention and support
    • Sexual assault services
    • Family Violence Info Line

    Related news

    • Sexual Violence Awareness Month (May 1, 2025)
    • Strengthening support for sexual violence survivors (April 30, 2024)

    MIL OSI Canada News

  • MIL-OSI Canada: New classrooms coming throughout B.C.

    Source: Government of Canada regional news

    Construction has started on new classrooms at 10 schools, adding more than 1,700 new student spaces for growing communities throughout B.C.

    “The demand for school spaces is growing in communities across B.C., and we’re working urgently to deliver schools faster,” said Bowinn Ma, Minister of Infrastructure. “We’re working to speed up delivery and our historic capital investments are making real progress across the province, strengthening communities and ensuring students have the schools and classrooms they need to succeed.”

    Since the beginning of 2025, construction on dozens of new classrooms for K-12 students has begun in Langley, Abbotsford, Kelowna, qathet (Powell River), Comox, Nanaimo, Pemberton and Prince Rupert. These classrooms represent $340 million in funding from the Province to ensure students are learning in safe and modern environments, in their neighbourhoods.

    “I’ve seen first-hand the difference that new schools and modern classrooms make for students and their communities,” said Lisa Beare, Minister of Education and Child Care. “With these record investments, that will only continue to grow, fostering success and opportunities for generations to come.”

    To meet growing demands, government has implemented new building solutions, including prefabricated additions and encouraging school districts to use simplified and repeat school designs. These methods are helping to ensure communities can benefit from new classrooms sooner.

    “Capital projects, such as the addition at Langley Secondary school, ongoing modular expansions, and the new site acquisition in the southwest Latimer neighbourhood, are critical steps in helping to relieve the enrolment pressures in our fast-growing school district,” said Candy Ashdown, chair, Langley school board. “We know our students, staff and families will benefit now and in the future.”

    Since 2017, the Province has committed more than $6 billion to adding school spaces, creating nearly 43,000 new student seats and more than 39,000 seismically safer seats in B.C. schools. As the province grows, government remains committed to working with both school districts and municipalities to promptly provide all students with safe, modern and inspiring places to learn.

    Quotes:

    Tamara Davidson, MLA for North Coast-Haida Gwaii –

    “North Coast-Haida Gwaii is a great place to call home and I am thrilled to see Prince Rupert Middle school now under construction. This school will make a lasting impact for generations of Rupertites and will provide a state-of-the-art learning hub for not only students but the entire community.”

    Randene Neill, MLA for Powell River-Sunshine Coast –

    “As we welcome more families to Powell River, the expansion at Edgehill Elementary school will ensure every student has a modern, supportive learning environment.  Our government’s historic investments in education are having a real impact, and I’m excited to see students and communities already experiencing the benefits.”

    Sheila Malcolmson, MLA for Nanaimo-Gabriola Island –

    “Families in Nanaimo are seeing the results of our government’s continued investment in education. The new classrooms at Chase River elementary mean more students can learn in modern, safe spaces, in their own neighbourhood. These projects are essential for meeting the needs of our growing community and giving every child the best possible start.”

    Learn More:

    For more information on K-12 school capital projects in B.C., please visit: https://www2.gov.bc.ca/gov/content/education-training/k-12/administration/capital

    A backgrounder follows.

    MIL OSI Canada News

  • MIL-OSI Canada: New research shows more anti-racism work needed

    Source: Government of Canada regional news

    Key findings from three research priorities identified by B.C.’s Anti-Racism Data Committee reveal the need for greater equity and diversity within the BC Public Service, some progress has been made in representation to appointments on B.C.’s agencies, boards and commissions, and pay differences between racialized and white workers in B.C.’s private and public sectors.

    “To address systemic racism in provincial government policies, programs and services, it’s crucial that we focus on research areas that matter most to Indigenous Peoples and racialized communities,” said George Chow, Minister of Citizens’ Services. “I would like to thank Indigenous partners and the Anti-Racism Data Committee (ARDC) for their tireless work to help the Province identify and understand where people are experiencing barriers accessing services — in partnership with them, we can meaningfully tackle issues of systemic racism with active solutions.”

    The Anti-Racism Data Act came into effect in 2022 and requires the Province to publish statistics and other information regarding systemic racism and racial equity by June 1 each year. The act also requires the Province to identify research priorities every two years. Research priorities were set in 2023 and updated priorities were released on Friday, May 30, 2025.

    “In these challenging times where other governments are removing diversity initiatives, British Columbia remains committed to doing what’s right and working to level the playing field for racialized and Indigenous people,” said Jessie Sunner, parliamentary secretary for anti-racism initiatives. “The findings of this research are essential to that work and will influence the development of the Anti-Racism Action Plan that is currently underway. We will continue to lift people up so they can build better lives for themselves, their families and their communities.”

    This is the third release under the act. This year’s key findings include:

    Racial diversity and equity in the BC Public Service

    • Indigenous and racialized employees continue to be under-represented in the BC Public Service in leadership roles and overall.
    • Many racialized groups are also over-represented in lower-level and non-permanent positions.

    Representation on provincial boards

    • Government has made progress in the representation of racialized people on provincially nominated boards and Crown agencies.
    • First Nations and Métis people are represented among appointees at a similar level to their share in the B.C. population.
    • However, some Indigenous and racialized communities, along with other equity-deserving groups, continue to face barriers to civic participation, and those living in rural and remote areas may still be under-represented.

    Economic inclusion

    • In nine of 26 occupation groups, racialized workers in B.C. earned significantly less on average than white workers, even after accounting for differences in age, gender, education and being born in Canada.
    • In six occupations, racialized people with the same education level as white workers did not see higher levels of education linked to higher earnings. These findings challenge a common assumption that more education will always translate into more pay.
    • It’s important to note that not all occupations have similar earnings gaps and to look at each occupation individually.

    Government is addressing these challenges by:

    • conducting research with Indigenous and racialized employees within BC Public Service to understand their lived experience and inform actions to remove barriers to hiring and career growth;
    • continued focus on anti-racism learning and supporting career development, and increased representation within the public service;
    • adjusting recruitment strategies to enhance representation on B.C.’s agencies, boards and commissions; and
    • broadening economic-inclusion research to include feedback from Indigenous and racialized communities.

    The Province worked in collaboration with the Anti-Racism Data Committee and in consultation with Indigenous Peoples to set research priorities for 2025-27. Priorities are meant to help steer the Province toward research that identifies systemic barriers and requires action to advance racial equity. Priorities also help focus research on the areas that matter most to Indigenous Peoples and racialized communities. 

    Themes of the 2025-27 priorities include: health and wellness, education, housing, racial equity within the BC Public Service, justice system and community safety, sports and economic inclusion.

    Quotes:

    June Francis, chair, Anti-Racism Data Committee —

    “We cannot fix what we do not understand. Dismantling systemic racism requires us to truly understand the barriers that Indigenous, Black and racialized people face. By working with communities to understand their experiences and to put research behind it allows us to advocate and amplify our voices – data and research supports community empowerment. With the release of updated research priorities, we are steering the B.C. government to take a deeper dive into health, education and justice, yet we also expect these will trigger an all-of-government approach, as we know inequities remain in many other areas. We trust these data and the research priorities will catalyze the B.C. government to take urgent and intentional actions to address the inequities that are being made transparent, and to focus more research in priority areas to deliver real and lasting change for the many people in British Columbia who face racism and discrimination each and every day. This new release of research findings increases the Province’s understanding of what Indigenous and racialized people have been saying for many years – government programs are not serving people equitably.”

    Michael Suedfeld, lands manager, Skawahlook First Nation

    “It’s encouraging to see the Province finally taking steps to look at long-standing issues, such as public-sector employment and civic participation. Over the coming years, we hope to see government continue to tackle topics that are front of mind for members of the Skawahlook Nation, including health and mental-health outcomes, housing, the justice system and Declaration Act Action Plan commitments. We look forward to being part of this conversation.”

    Susie Hooper, Minister of Citizenship, Métis Nation British Columbia

    “Research from the 2023-2025 priorities highlighted barriers for Métis people in health care and advancing careers in the BC Public Service. These updated priorities provide an opportunity to broaden the research focus to consider key concerns for our government, including improving health and well-being, especially for those in care, and reducing barriers experienced by Métis students. We look forward to continued participation in these dialogues to shape future research in partnership with the provincial Ministry of Citizens’ Services.”

    Learn More:

    To learn more about the Anti-Racism Data Act, view the research findings and actions to date, visit: https://antiracism.gov.bc.ca/

    To learn more about the Declaration Act Action Plan, visit: https://declaration.gov.bc.ca/declaration-act-action-plan/

    Three backgrounders follow.

    MIL OSI Canada News