NewzIntel.com

Category: Canada

  • MIL-OSI: Resource Capital Fund VII L.P. Sells Shares of Orezone Gold Corporation

    Source: GlobeNewswire (MIL-OSI)

    DENVER, April 28, 2025 (GLOBE NEWSWIRE) — Resource Capital Fund VII L.P. (“RCF”) reports that it has filed an early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection to its shareholdings in Orezone Gold Corporation (TSX: ORE) (the “Company” or “Orezone”).

    On April 17, 2025, RCF sold 40,000,000 common shares in the capital of Orezone (the “Orezone Shares”) at a price of C$1.15 per Orezone Share. The trade was executed through the facilities of the Toronto Stock Exchange, through Canaccord Genuity Corp. (the “Sale”). The net proceeds received by RCF in respect of the Sale was C$45,655,000.

    Immediately prior to the Sale, RCF owned and controlled a total of 72,415,660 Orezone Shares, representing approximately 13.75% of the issued and outstanding Orezone Shares. As a result of and immediately following the Sale, RCF owned and controlled a total of 32,415,660 Orezone Shares, representing approximately 6.16% of the issued and outstanding Orezone Shares.

    RCF also holds a US$25 million convertible debenture, previously issued by the Company on October 15, 2021 and amended on December 20, 2024 (the “Amended Debenture”). Pursuant to the terms of the Amended Debenture, RCF may elect to convert the outstanding principal amount of the Amended Debenture into Orezone Shares at a conversion price of US$0.70 per Orezone Share (the “Conversion Price”), in accordance with the terms set out in the Amended Debenture.

    Immediately prior to the Sale, assuming the conversion in whole of the principal amount of the Amended Debenture at the Conversion Price, RCF would have come to own an aggregate of 108,129,946 Orezone Shares, representing approximately 19.23% of the issued and outstanding Orezone Shares. As a result of and immediately following the Sale, assuming the conversion in whole of the principal amount of the Amended Debenture at the Conversion Price, RCF would come to own an aggregate of 68,129,946 Orezone Shares, representing approximately 12.12% of the issued and outstanding Orezone Shares.

    RCF disposed of the Orezone Shares in accordance with RCF’s investment policy to generate proceeds from its investment in Orezone. RCF may from time to time acquire additional securities of Orezone, dispose of some or all of the existing or additional securities or may continue to hold the securities of Orezone.

    The Company’s head office is located at Suite 450 – 505 Burrard Street, Vancouver, British Columbia V7X 1M3.

    To obtain a copy of the early warning report filed under applicable Canadian securities laws in connection with the transactions hereunder, please see the Company’s profile on the SEDAR+ website at www.sedarplus.ca.

    About Resource Capital Fund VII L.P.

    RCF is a private investment fund existing under the laws of the Cayman Islands. RCF is ultimately managed by RCF Management LLC. For further information and to obtain a copy of the early warning report, please contact:

    Resource Capital Fund VII L.P.
    1400 Wewatta Street, Suite 850
    Denver, Colorado, 80202
    Telephone: (720) 946-1444
    Attn: Mason Hills

    The MIL Network –

  • MIL-OSI: CPA Canada calls climate disclosure rule pause ‘a step backward’

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — The Canadian Securities Administrators’ recent decision to pause its work on mandatory climate disclosure rules is a disappointing development that risks undermining both market transparency and Canada’s global competitiveness, says CPA Canada president and CEO.

    As climate-related risks become increasingly material to business operations, Pamela Steer says consistent and comparable sustainability reporting is essential for investors to make informed decisions.

    “Pausing progress on the climate disclosure rule is a disappointing step backward at a time when Canada must be moving forward,” says Steer.

    The decision comes at a critical juncture, as other jurisdictions around the world strengthen their climate disclosure frameworks. Without standardized requirements, Canadian organizations continue to report climate risks inconsistently, making it harder for investors to accurately assess exposure and shifting the burden of interpretation onto them.

    “In a global economy where assessing climate risk is increasingly a prerequisite for investment, this decision risks making our markets less attractive to international capital that we urgently need to drive innovation, competitiveness and economic growth,” says Steer.

    Institutional investors have already indicated that mandatory reporting would improve Canada’s standing in the race for global capital. While the pause may give businesses time to build internal capacity for future reporting, CPA Canada warns that further delays could undermine investor confidence and stall momentum.

    “Canada cannot afford to fall behind,” says Steer. “CPA Canada remains hopeful this is only a temporary pause, and that the CSA will soon renew its commitment to the consistency and clarity the market needs.”

    To schedule an interview with CPA Canada’s president and CEO, Pamela Steer, please contact media@cpacanada.ca.

    The MIL Network –

  • MIL-OSI Canada: Government of Saskatchewan Proclaims Missing Persons Week

    Source: Government of Canada regional news

    Released on April 28, 2025

    The Government of Saskatchewan has declared April 27 to May 3, 2025, as Missing Persons Week in the province, in collaboration with the Saskatchewan Missing Persons Partnership (SMPP). This year’s theme is “Coming Together for Hope.”

    This morning, Justice Minister and Attorney General Tim McLeod, Minister Responsible for the Status of Women’s Office Alana Ross and RCMP Assistant Commissioner Rhonda Blackmore joined with community leaders and families to honour the province’s more than 140 long-term missing persons. 

    “Missing Persons Week is an important initiative that allows us to join together as a province to honour each individual who is missing and provide support to their loved ones,” McLeod said. “We thank the SMPP and partner organizations for their continued advocacy and work throughout the province to address the issue of long-term missing persons, while we seek to prevent any further cases.” 

    The event serves to raise awareness about missing persons and the work being done to support prevention, safety tools and responses. It recognizes the organizations that deliver support for families, communities and those working to bring home the missing.

    The event is followed by the third annual Walk to Honour the Missing in Wascana Centre. The walk concludes at the Missing Persons Tree and Bench in Arboretum Park. Families are invited to place flowers in honour of their loved ones, a sign that they will never be forgotten.

    “Missing Persons Week is a chance to renew our commitment to the safety and wellbeing of all residents, especially women and girls,” Minister Responsible for Status of Women Alana Ross said. “Let’s continue to raise awareness about missing persons, honour them and support their families.”

    Missing Persons Week has been proclaimed in Saskatchewan every year since 2013 and is organized by the SMPP, which is a unique collaboration between government, police agencies, Indigenous and community-based organizations. The SMPP helps raise awareness about missing persons issues, works to coordinate policies and legislation, shares prevention and safety tools and supports agencies that provide services to families when people do go missing.  

    Events and information will be shared throughout the week by SMPP member organizations. Please follow the SMPP social media channels for further information.

    For more information on the supports available to families of missing persons, visit: Help for Families of Missing Persons | Family and Social Support | Government of Saskatchewan.

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    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: Williston Basin Petroleum Conference Focuses on Boosting Saskatchewan Oil Production

    Source: Government of Canada regional news

    Released on April 28, 2025

    The Williston Basin Petroleum Conference has returned to Regina, showcasing Saskatchewan’s world-class oil and gas sector. During the three-day event from April 28 to 30, 2025, Premier Scott Moe will participate in a fireside chat focusing on energy production and Energy and Resources Minister Colleen Young will engage in a panel discussion with industry leaders.  

    “This conference brings together key partners from the Williston Basin oil producing region who are focused on the responsible and sustainable development of our abundant resources,” Young said. “Events like this accelerate innovation, which is critical for our province as we pursue our 2030 oil production goal of 600,000 barrels per day. Unleashing Saskatchewan’s massive energy potential will create jobs, bring investment and grow the economy, allowing us to continue delivering for the people of our province.”  

    The annual Williston Basin Petroleum Conference has been ongoing for more than 30 years with Regina and Bismarck, North Dakota alternating as host cities each year. This year’s conference will feature the sold-out Don Kent Core Workshop. The day-long event, which includes several presentations by the Saskatchewan Geological Survey, will provide an overview of Saskatchewan’s many oil and gas opportunities.

    “The Petroleum Technology Research Centre (PTRC) is proud to have partnered with the Ministry of Energy and Resources for over two decades on making the Williston Basin Petroleum Conference a success,” PTRC CEO Ran Narayanasamy said. “The Williston Basin Petroleum Conference is the place to learn about emerging oil and gas technologies and innovation. PTRC is also hosting a one-day post-conference workshop on May 1 focusing on building knowledge around enhanced oil recovery technologies.”

    Saskatchewan is the second-largest oil producer in Canada and fifth largest in North America. The sector is an important economic engine for Saskatchewan, employing more than 26,000 people. In 2024, the value of Saskatchewan oil and gas production was $13.5 billion.  

    Saskatchewan is ranked first in Canada and third in North America for energy sector competitiveness by the Fraser Institute. The ranking is based on factors such as the royalty and taxation regime, regulatory certainty and compliance costs, quality of geological data and political stability, among others.  

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    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: Are Your Roommates Driving You Batty

    Source: Government of Canada regional news

    Released on April 28, 2025

    The Ministry of Environment is reminding Saskatchewan residents that May is a good time to most effectively exclude or evict bats from buildings.

    Bats can be very difficult to find inside buildings and removal is not always feasible or cost-effective. Installing one-way exits (also called exclusion devices or bat cones) at the appropriate time of year works with the biology of the bats – it lets them leave and does not allow re-entry.

    It is possible for bats and humans to co-exist in a building. However, exclusion may be the best option if:

    • Bat hazards and/or issues cannot be rectified;
    • Living areas cannot be sealed to prevent bat access; or
    • Major repairs, renovations or a demolition is planned.

    Bats can be effectively excluded from buildings in May and again in September. In May, one-way exits can be installed because it is the time between hibernation and the birth of pups (baby bats), when adult bats can find a new home. 

    But remember, bats aren’t pests – they are pest control!Bats are important to Saskatchewan’s ecosystem as they eat insects, including crop and forest insect pests. The benefit of their pest consumption is valued at over $3 billion per year in North America.

    Many bat species are suffering from habitat loss and other threats, such as white-nose syndrome, which only affects bats. White-nose syndrome has killed over 12 million bats in North America and affects the little brown bat, one of the species that sometimes roosts in buildings in Saskatchewan. There is no known cure for white-nose syndrome.

    Bats are protected wildlife under The Wildlife Act in Saskatchewan, meaning you need a licence to kill bats or disturb their place of habitation and two of the eight bat species in Saskatchewan are listed as Endangered under the federal Species at Risk Act. For more information about bats including exclusion times, exclusion permitting, and bat-proofing home tips, visit the Ministry of Environment Bats in Saskatchewan page. You can also contact the Ministry of Environment Inquiry Centre at 1-800-567-4224 or centre.inquiry@gov.sk.ca. 

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    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: National Day of Mourning: Minister Jones

    Source: Government of Canada regional news (2)

    MIL OSI Canada News –

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

    Source: Government of Canada News (2)

    April 28, 2025 – Renous, New Brunswick – Correctional Service Canada

    On April 21, 2025, as a result of the vigilance of staff members, a package containing contraband and unauthorized items was seized on the perimeter of Atlantic Institution, a maximum security federal institution.

    The items seized included shatter, methamphetamine, cocaine, tobacco, ketamine/fentanyl, and ecstasy. The total estimated institutional value of this seizures is $413,250.

    The police have been notified and the institution is investigating.

    The Correctional Service of Canada (CSC) uses a number of tools to prevent drugs from entering its institutions. These tools include ion scanners and drug-detector dogs to search buildings, personal property, inmates, and visitors.

    CSC is heightening 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 into correctional institutions.

    CSC has also 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: Day of Mourning Remembers 27 Workers Who Lost Their Lives

    Source: Government of Canada regional news

    Released on April 28, 2025

    Every year on April 28, Canada marks the National Day of Mourning. Provincially, flags at all government buildings are lowered to half-mast from sunrise to sunset.

    April 28 was first declared as the National Day of Mourning by the Canadian Labour Congress in 1984. The day is now annually observed across Canada as a way to pay tribute to individuals killed, injured or stricken with illness in the workplace.

    In 2024, 27 workplace fatality claims were accepted by the Saskatchewan Workers’ Compensation Board.

    “Our condolences are with the friends, families and colleagues of those who lost their life to a workplace injury or illness,” Deputy Premier and Labour Relations and Workplace Safety Minister Jim Reiter said. “Safety must be a priority in everything we do.”

    “Today is an important day to reflect on how we can create safer workplaces, so each worker can return home safely at the end of the day,” Saskatchewan Workers’ Compensation Board Chairperson Gord Dobrowolsky said. “There is always more work to be done to prevent workplace injuries and illnesses.”

    In 2023, WorkSafe Saskatchewan, a partnership between the Saskatchewan Workers’ Compensation Board and the Ministry of Labour Relations and Workplace Safety, released the 2023-2028 Fatalities and Serious Injuries Strategy to help prevent and reduce serious workplace injuries and fatalities. 

    Copies of the 2023-28 Fatalities and Serious Injuries Strategy are available at www.worksafesask.ca.

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    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: Premier’s, minister’s statements on National Day of Mourning

    Source: Government of Canada regional news

    Premier David Eby has issued the following statement in recognition of National Day of Mourning:

    “Going to work should be a safe, routine activity. Yet every year, hundreds of British Columbians are hurt or killed on the job.

    “On National Day of Mourning, we remember the workers who have died, were injured or became ill as a result of their job. We also renew our commitment to protecting workers and preventing workplace tragedies.

    “In 2024, 146 B.C. workers died due to workplace illnesses or injuries. My heart goes out to their loved ones and their communities.

    “Every workplace death has far-reaching consequences. Lives are cut short. Co-workers are traumatized. And loved ones are devastated – shocked that when they said goodbye in the morning, they were saying goodbye forever.

    “Our government is committed to working toward a future where every worker in this province goes home safe and healthy at the end of their day. And, if people are hurt on the job, that they get all the support they need.

    “Last year, occupational diseases, including exposure to asbestos, remained the No. 1 workplace killer in B.C. By partnering with WorkSafeBC to introduce new asbestos licensing and certification requirements, we have made workplaces safer and healthier, but we know there is much more work to do.

    “In the past year, we have made it easier for people from more professions to access workers’ compensation for psychological injuries caused by work-related trauma. We also became the first jurisdiction in Canada to provide basic protections for gig workers, including covering them through WorkSafeBC. And we addressed an important health-and-safety issue by making it mandatory to have flush toilets at construction sites with 25 workers or more. 

    “National Day of Mourning serves as a reminder that we have more to do. One workplace death or injury is one too many. Everyone has a right to come home to their family at the end of the day, and we will continue to work toward that goal in partnership with workers, the labour movement and employers.

    “Today, we honour those we have lost, alongside their loved ones and colleagues. And, in their memory, we recommit to ensuring that no one ever has to pay the ultimate price, just for a paycheque.”

    Jennifer Whiteside, Minister of Labour, said:

    “Today and every day, we remember the workers whose lives were taken far too soon, leaving behind grieving families and friends. Their loss is a daily reminder of the urgent need to do everything we can to ensure our loved ones come home safe at the end of their shifts. As the minister of labour, I wake up every morning thinking about workers who have lost their lives on the job. Their stories should drive us all to recommit to do the work needed to make worksites as safe as possible in B.C.”

    MIL OSI Canada News –

  • MIL-OSI: BexBack Introduces 100x Leverage, No KYC, and Exclusive Bonuses Amid Crypto Market Volatility

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) — As Bitcoin has surged to new highs, reaching $95,000, BexBack, a fast-growing cryptocurrency derivatives platform, is positioning itself to help traders capitalize on market opportunities. Offering up to 100x leverage and no KYC, BexBack is redefining what it means to trade freely in today’s volatile market.

    In light of U.S. economic policies, such as recent tax adjustments and fiscal concerns, cryptocurrency has remained an attractive hedge. BexBack offers a suite of features that empower traders, including high leverage and enticing bonuses, to navigate the uncertain market with greater flexibility.

    Leverage Trading Made Simple

    With up to 100x leverage, BexBack enables traders to open larger positions with smaller capital. A small price movement in Bitcoin could result in significant gains, especially for those utilizing high leverage. However, traders are advised to manage risk carefully, as higher leverage also increases potential risks.

    Exclusive Bonuses to Maximize Profits

    1. $100 Welcome Bonus: Available to new users who deposit at least 0.01 BTC or 1000 USDT and complete their first trade. This bonus can help offset potential losses, offering a cushion as you start trading.
    2. 100% Deposit Bonus: Double your funds by applying for the 100% deposit bonus. While this bonus can’t be withdrawn, it can be used as margin, helping you open larger positions and trade with greater flexibility. Profits generated from trading with this bonus are fully withdrawable.

    Why Choose BexBack?

    • No KYC Requirements: BexBack prioritizes privacy, offering anonymous trading without the need for identity verification.
    • No Slippage, No Spread: Trades are executed at the set price, even with large positions, ensuring better price certainty.
    • Global Access: Available to users in the U.S., Canada, Europe, and more, with 24/7 customer support.
    • High-Leverage Trading: Trade with up to 100x leverage, maximizing your capital’s potential.

    About BexBack

    Launched in May 2024 and headquartered in Singapore, BexBack has quickly attracted over 500,000 users worldwide. The platform offers 100x leverage on Bitcoin, Ethereum, Solana, Cardano, and more, with no deposit fees and powerful promotional offers.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b4b71c86-c6be-4be1-9564-7a837253637d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/475f2845-0af3-4e33-8834-614f685b323a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/43201cc0-e110-426c-b827-95701fced70b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fd260378-e7b1-46fa-a657-925c5dff1c0b

    The MIL Network –

  • MIL-OSI Canada: Death of an inmate from Shepody Healing Centre

    Source: Government of Canada News (2)

    April 28, 2025 – Dorchester, New Brunswick – Correctional Service Canada

    On April 24, 2025, Joseph Turple, an inmate from Shepody Healing Centre, died while in our custody of apparent natural causes.

    At the time of death, the inmate was 64 years old and had been serving a life sentence, which commenced on December 20, 2001.

    The inmate’s next of kin have been notified.

    As in all cases involving the death of an inmate, the Correctional Service of Canada (CSC) will review the circumstances. CSC policy requires that the police and the coroner be notified.

    MIL OSI Canada News –

  • MIL-OSI: Moomoo Foundation Celebrates 2025 Financial Literacy Month

    Source: GlobeNewswire (MIL-OSI)

    • Partnered with Working in Support of Education (W!se)
    • Continued Campus Tour with Columbia University and New Jersey City University (NJCU)
    • Published Financial Literacy Survey with moomoo’s North America users

    JERSEY CITY, N.J., April 28, 2025 (GLOBE NEWSWIRE) — The intuitive global trading platform moomoo and its Moomoo Foundation with the dedication to boosting financial literacy, are excited to announce its 2025 plan to celebrate the financial literacy month with its North American users and communities worldwide.

    This year, the moomoo foundation is partnering with the New York city-based educational nonprofit Working in Support of Education (W!se) to recognize the 100 Best W!se High Schools Teaching Personal Finance at Touro College in Midtown New York. Moomoo’s US CEO Neil McDonald presented awards to representatives from the 100 highest ranking high schools whose students excelled on W!se’s Financial Literacy Certification Test in the 2023-24 school year. Always held during April -Financial Literacy Month – the 100 best ceremony, is the first and only national ranking award to honor outstanding schools from W!se’s national network whose students performed well on the Test.

    In addition, Moomoo Foundation will host a series of financial literacy seminars across the New York and New Jersey area. Moomoo Technology’s Vice President of Strategy Justin Zacks spoke about stock market fundamentals and equity trading at Columbia University on April 25 and will conduct a seminar at NJCU’s business school on May 2. Working with Columbia’s GCC and NJCU’s Student Development & Community Engagement team, moomoo continues its efforts of bringing financial inclusion to empower individual investors of all kinds, irrespective of ethnicity, age or gender, with the tools they need to make informed investment decisions.

    Zacks said, “we are thrilled to extend our educational mission to the diverse academic audience in the Tri-State Area. These events reflect our long-term mission to inspire financial literacy at an early age and strengthen our community engagement with underserved demographics at every level of learning.”

    To understand investors’ financial health and their personal finance behaviors and habits, moomoo also conducted a quarterly survey with its North American users. As the U.S. markets notched a second consecutive year of over 20% price appreciation. Many retail investors gained a positive return financially, but a new tariff policy and signs of an economic slowdown made some of them concerned.

    The majority of moomoo users are better off than last year and many are able to save a consistent amount some of which is going into stocks. Low income and housing is a headwind for some and is preventing them from saving.

    Moomoo’s users in Canada are closely watching political developments both at home and in the US in order to help them adjust their spending plans.

    For more details, please download the moomoo North America financial literacy whitepaper here.

    About Moomoo Foundation

    Moomoo Foundation is a non-profit initiative launched by Moomoo, an intuitive investment and trading platform dedicated to financial empowerment. The foundation seeks to further Moomoo’s mission by promoting financial literacy, advancing economic equality, and fostering technological innovation.

    Through strategic partnerships and targeted grants, Moomoo Foundation focuses on nurturing fintech startups that share its vision, working to build a more inclusive and forward-thinking financial landscape.

    Our commitment goes beyond traditional philanthropy. At Moomoo Foundation, we are dedicated to establishing a sustainable, long-term approach that ensures our efforts make a lasting impact. We believe in equipping those we support with the knowledge, tools, and resources they need to shape their own financial journey and thrive as active participants in the investment world. For more information, please visit moomoo’s official website at

    https://www.moomoo.com/us/moomoofoundation 

    About the Survey

    The survey included approximately 1200 registered moomoo users in North America (1000 U.S. users, 200 Canada users) from March 14 to March. 23, 2025. The data shown in the survey represents the opinion of those surveyed and may change based on the market and other conditions. The survey results provided herein may not represent other customers’ experience, and there is no guarantee of future performance or success and should also not be construed as investment advice. Experiences may differ than the ones represented here. Investing involves risks regardless of the strategy selected.

    This whitepaper is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Past investment performance does not indicate or guarantee future success. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions.

    We do not provide tax advice and any tax-related information provided is general in nature and should not be considered tax advice. Consult a tax professional regarding your specific tax situation.

    Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

    About moomoo
    Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make more-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

    Founded in the U.S., moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed Futu Holdings (FUTU), we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its innovative, inclusive approach to investing.

    For more information, please visit moomoo’s official website at www.moomoo.com or feel free to email us: pr@us.moomoo.com.

    Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

    Investing is risky. Securities offered through Moomoo FInancial Inc. Member FINRA/SIPC

    W!se and Nasdaq are independent third parties, not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5a4ba7f-fa71-4fad-8fb2-6066d1f2c32c

    The MIL Network –

  • MIL-OSI: Fortinet Threat Report Reveals Record Surge in Automated Cyberattacks as Adversaries Weaponize AI and Fresh Techniques

    Source: GlobeNewswire (MIL-OSI)

    FortiGuard Labs 2025 Global Threat Landscape Report highlights a boom in Cybercrime-as-a-Service on the darknet, fueling a lucrative market for credentials, exploits, and access

    SUNNYVALE, Calif., April 28, 2025 (GLOBE NEWSWIRE) —
            
    News Summary

    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the release of the 2025 Global Threat Landscape Report from FortiGuard Labs. The latest annual report is a snapshot of the active threat landscape and trends from 2024, including a comprehensive analysis across all tactics used in cyberattacks, as outlined in the MITRE ATT&CK framework. The data reveals that threat actors are increasingly harnessing automation, commoditized tools, and AI to systematically erode the traditional advantages held by defenders.

    “Our latest Global Threat Landscape Report makes one thing clear: Cybercriminals are accelerating their efforts, using AI and automation to operate at unprecedented speed and scale,” said Derek Manky, Chief Security Strategist and Global VP Threat Intelligence, Fortinet FortiGuard Labs. “The traditional security playbook is no longer enough. Organizations must shift to a proactive, intelligence-led defense strategy powered by AI, zero trust, and continuous threat exposure management to stay ahead of today’s rapidly evolving threat landscape.”

    Key findings from the latest FortiGuard Labs Global Threat Landscape Report include:

    • Automated scanning hits record highs as attackers shift left to identify exposed targets early. To capitalize on newfound vulnerabilities, cybercriminals are deploying automated scanning at a global scale. Active scanning in cyberspace reached unprecedented levels in 2024, rising by 16.7% worldwide year-over-year, highlighting a sophisticated and massive collection of information on exposed digital infrastructure. FortiGuard Labs observed billions of scans each month, equating to 36,000 scans per second, revealing an intensified focus on mapping exposed services such as SIP and RDP and OT/IoT protocols like Modbus TCP.
    • Darknet marketplaces fuel easy access to neatly packaged exploit kits. In 2024, cybercriminal forums increasingly operated as sophisticated marketplaces for exploit kits, with over 40,000 new vulnerabilities added to the National Vulnerability Database, a 39% rise from 2023. In addition to zero-day vulnerabilities circulating on the darknet, initial access brokers are increasingly offering corporate credentials (20%), RDP access (19%), admin panels (13%), and web shells (12%). Additionally, FortiGuard Labs observed a 500% increase in the past year in logs available from systems compromised by infostealer malware, with 1.7 billion stolen credential records shared in these underground forums.
    • AI-powered cybercrime is scaling rapidly. Threat actors are harnessing AI to enhance phishing realism and evading traditional security controls, making cyberattacks more effective and difficult to detect. Tools like FraudGPT, BlackmailerV3, and ElevenLabs are fueling more scalable, believable, and effective campaigns, without the ethical restrictions of publicly available AI tools.
    • Targeted attacks on critical sectors intensify. Industries such as manufacturing, healthcare, and financial services continue to experience a surge in tailored cyberattacks, with adversaries deploying sector-specific exploitations. In 2024, the most targeted sectors were manufacturing (17%), business services (11%), construction (9%), and retail (9%). Both nation-state actors and Ransomware-as-a-Service (RaaS) operators concentrated their efforts on these verticals, with the United States bearing the brunt of attacks (61%), followed by the United Kingdom (6%) and Canada (5%).
    • Cloud and IoT security risks escalate. Cloud environments continue to be a top target, with adversaries exploiting persistent weaknesses such as open storage buckets, over-permissioned identities, and misconfigured services. In 70% of observed incidents, attackers gained access through logins from unfamiliar geographies, highlighting the critical role of identity monitoring in cloud defense.
    • Credentials are the currency of cybercrime. In 2024, cybercriminals shared over 100 billion compromised records on underground forums, a 42% year-over-year spike, driven largely by the rise of “combo lists” containing stolen usernames, passwords, and email addresses. More than half of darknet posts involved leaked databases, enabling attackers to automate credential-stuffing attacks at scale. Well-known groups like BestCombo, BloddyMery, and ValidMail were the most active cybercriminal groups during this time and continue to lower the barrier to entry by packaging and validating these credentials, fueling a surge in account takeovers, financial fraud, and corporate espionage.

    CISO Takeaway: Strengthening Cyber Defenses Against Emerging Threats
    Fortinet’s Global Threat Landscape Report provides rich details on the latest attacker tactics and techniques while also delivering prescriptive recommendations and actionable insights. Designed to empower CISOs and security teams, the report offers strategies to counter threat actors before they strike, helping organizations stay ahead of emerging cyberthreats.

    This year’s report includes a “CISO Playbook for Adversary Defense” that highlights a few strategic areas to focus on:

    • Shifting from traditional threat detection to continuous threat exposure management: This proactive approach emphasizes continuous attack surface management, real-world emulation of adversary behavior, risk-based remediation prioritization, and automation of detection and defense responses. Utilizing breach and attack simulation (BAS) tools to regularly assess endpoint, network, and cloud defenses against real-world attack scenarios ensures resilience against lateral movement and exploitation.
    • Simulating real-world attacks: Conduct adversary emulation exercises, red and purple teaming, and leverage MITRE ATT&CK to test defenses against threats like ransomware and espionage campaigns.
    • Reducing attack surface exposure: Deploy attack surface management (ASM) tools to detect exposed assets, leaked credentials, and exploitable vulnerabilities while continuously monitoring darknet forums for emerging threats.
    • Prioritizing high-risk vulnerabilities: Focus remediation efforts on vulnerabilities actively discussed by cybercrime groups, leveraging risk-based prioritization frameworks such as EPSS and CVSS for effective patch management.
    • Leveraging dark web intelligence: Monitor darknet marketplaces for emerging ransomware services and track hacktivist coordination efforts to preemptively mitigate threats like DDoS and web defacement attacks.

    Discover how FortiGuard Labs Advisory Services combine cutting-edge technology and expert services to help organizations strengthen their security posture before threats emerge. In the event of an incident, FortiGuard Labs offers swift, effective response and in-depth forensic analysis to minimize impact and prevent future intrusions, delivering comprehensive protection in today’s increasingly volatile digital landscape.

    Additional Resources

    About Fortinet
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network –

  • MIL-OSI: Arctic Wolf Accelerates Momentum of Aurora Endpoint Security by Doubling Industry’s Largest Warranty Offering to $3 Million

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., April 28, 2025 (GLOBE NEWSWIRE) — Arctic Wolf®, a global leader in security operations, today announced that the Arctic Wolf Security Operations Warranty now offers up to $3 million USD in the event of a covered cybersecurity incident for customers who deploy Aurora Managed Endpoint Defense alongside the company’s Security Operations Bundles. This doubling in warranty coverage further extends Arctic Wolf’s leadership in offering the largest warranty in the cybersecurity industry and reflects the efficacy of Aurora Endpoint Security and the Arctic Wolf Aurora Platform.

    This announcement comes as Arctic Wolf Endpoint Security continues to see strong market momentum across customers and partners from around the globe, with more than 3,000 organizations in over 60 countries now relying on the solution to protect their endpoints. The expanded warranty underscores Arctic Wolf’s continued investment in outcome-based security and reaffirms its commitment to assisting customers of all sizes throughout their security journey.

    “Doubling our industry-leading Security Operations Warranty to $3 million underscores our confidence in the power of Aurora Endpoint Security,” said Dan Schiappa, president, technology and services, Arctic Wolf. “Customers and partners are responding with real enthusiasm because they see the innovation and value Aurora Endpoint Security brings to the market. This expanded warranty reinforces our commitment to delivering trusted outcomes and world-class endpoint security to measurably reduce risk.”

    New AI-enhanced Behavioral Detection Engine Enhances Detection Efficacy
    In addition to the expanded Security Operations Warranty, Arctic Wolf is introducing a new AI-enhanced Behavioral Detection Engine within Aurora Endpoint Security that delivers a streamlined and modern approach to endpoint threat detection. Launching with double the detection coverage and increased accuracy over previous detection capabilities, the engine builds on Arctic Wolf Endpoint Security’s proven foundation in endpoint defense to deliver even greater efficacy and precision.

    This enhancement includes a refreshed library of high-efficacy detection rules vetted by Arctic Wolf Labs, AI-assisted tuning workflows, and threshold-based alerting that reduces noise without compromising visibility. With support for MITRE ATT&CK tagging and flexible exception management across tenants, zones, and device policies, the engine helps security teams focus on the threats that matter most while reducing operational overhead.

    Arctic Wolf Signs CISA Secure by Design Pledge
    As part of its leadership in secure software development with Aurora Endpoint Security, Arctic Wolf has signed the CISA Secure by Design Pledge, reinforcing its commitment to building secure software as a core part of its development process. By aligning with CISA’s principles, Arctic Wolf is taking meaningful steps to reduce exploitable vulnerabilities, implement secure defaults, and embed security into every stage of the product lifecycle. This pledge reflects the company’s broader mission to end cyber risk for its customers while promoting greater transparency and accountability across the industry.

    To learn more about Aurora Endpoint Security and the Arctic Wolf Aurora platform, visit them at RSA Conference (Booth S-549) in San Francisco from April 28 – May 1, or visit arcticwolf.com.

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

    To learn more about Arctic Wolf, visit www.arcticwolf.com.

    Press Contact:
    Lauren Back
    PR@arcticwolf.com

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

    The MIL Network –

  • MIL-OSI: Arctic Wolf and Anthropic to Advance R&D for Next-Generation Autonomous SOC

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., April 28, 2025 (GLOBE NEWSWIRE) — Arctic Wolf, a global leader in security operations, today announced a strategic collaboration with Anthropic, a leading AI safety and research company, to accelerate the development of next-generation autonomous Security Operations Centers (SOCs). This collaboration combines the human augmented AI capabilities of the Arctic Wolf Aurora Platform, home to one of the world’s largest commercial SOCs, with Anthropic’s cutting-edge AI models and deep expertise in building safe, interpretable, and controllable AI systems.

    The Arctic Wolf Aurora Platform, built on an open XDR architecture, processes more than 8 trillion security events each week across endpoint, network, cloud, and identity, integrating with hundreds of third-party tools to deliver broad, real-time visibility across the enterprise. With a global customer base of over 10,000 organizations and millions of hours of analyst experience, Arctic Wolf has built one of the most robust and operationalized data lakes in cybersecurity.

    Building on this foundation, Arctic Wolf is collaborating with Anthropic to apply cutting-edge AI in ways that drive measurable improvements in security outcomes. Together, Arctic Wolf’s massive datasets and Anthropic’s LLM models aim to accelerate automation within the Arctic Wolf’s AI-powered SOC by improving detection precision, accelerating response, and strengthening cyber resilience as threats grow in volume and complexity.

    The first output of the Arctic Wolf and Anthropic collaboration is Cipher, an AI security assistant. Purpose-built to help customers extract deeper insights from the Arctic Wolf Aurora Platform, Cipher meets the highest standards of safety, privacy, and performance. Its launch marks a concrete step toward delivering on the promise of the autonomous SOC, demonstrating how AI can augment security teams with new levels of speed, accuracy, and intelligence at scale.

    “To keep up with the speed and complexity of today’s cyber threats, the Autonomous SOC is no longer aspirational, it’s essential,” said Dan Schiappa, president, technology and services, Arctic Wolf. “Anthropic brings world-class AI research and a deep commitment to building safe, high-performing systems. When paired with the scale of Arctic Wolf’s threat data, the openness of our platform, and the operational depth of our global SOC, we have everything needed to redefine what security operations can be.”

    “As model capabilities increase, access to expert, domain-specific data remains the bottleneck in highly complex jobs like cyber operations,” said Michael Gerstenhaber, VP of product, Anthropic. “We’re proud to support Arctic Wolf’s development of Cipher and excited to see how it empowers security teams with instant, reliable access to the intelligence they need to conduct their operations.”

    To learn more about the Arctic Wolf and Anthropic collaboration, or see Cipher in action, visit Arctic Wolf at the RSA Conference  (Booth S-549) in San Francisco from April 28 – May 1.

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

    To learn more about Arctic Wolf, visit www.arcticwolf.com.

    Press Contact:
    Lauren Back
    PR@arcticwolf.com

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

    The MIL Network –

  • MIL-OSI: Arctic Wolf Promotes Dan Schiappa to President, Technology and Services

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., April 28, 2025 (GLOBE NEWSWIRE) — Arctic Wolf®, a global leader in security operations, today announced the promotion of Dan Schiappa to President, Technology and Services. In this expanded leadership role, Schiappa will oversee the strategic direction and continued innovation of Arctic Wolf’s industry-leading Aurora Platform, which is transforming cybersecurity outcomes via artificial intelligence and the human-reinforced learning from one of the world’s largest commercial security operations centers (SOCs).

    Schiappa, who previously served as Chief Product and Services Officer at Arctic Wolf, brings decades of experience leading product strategy and development at some of the world’s most recognized cybersecurity and technology companies. Since joining Arctic Wolf, he has played a pivotal role in scaling the platform’s capabilities, driving product innovation, and aligning the company’s services with the evolving needs of customers navigating an increasingly complex threat landscape.

    “Dan’s promotion reflects the incredible impact he has made on our technology and services organization, as well as the confidence we have in his ability to lead Arctic Wolf into its next phase of growth,” said Nick Schneider, president and chief executive officer, Arctic Wolf. “His leadership will be instrumental as we continue to scale our AI-powered security operations platform and deliver outcomes that make security more accessible and effective for organizations of all sizes.”

    As President, Technology and Services, Schiappa will guide Arctic Wolf’s strategic initiatives across product management, engineering, security services, and threat intelligence—ensuring the company remains at the forefront of innovation in AI-driven security operations.

    Schiappa’s distinguished career includes executive roles at Sophos, Microsoft, and RSA, where he consistently championed security transformation and operational excellence.

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

    To learn more about Arctic Wolf, visit www.arcticwolf.com.

    Press Contact:
    Lauren Back
    PR@arcticwolf.com 

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

    The MIL Network –

  • MIL-OSI Global: Pierre Poilievre’s ‘More Boots, Less Suits’ election strategy held little appeal to women

    Source: The Conversation – Canada – By Elizabeth Goodyear-Grant, Professor, Political Studies; Director, Canadian Opinion Research Archive, Queen’s University, Ontario

    Pierre Poilievre stands between two workers — no women in sight — in a photo promoting the Conservative Party of Canada’s ‘More Boots, Less Suits’ campaign policies on the party’s website. (The Conservative Party of Canada website)

    Women represent more than 50 per cent of the Canadian population, and there is no easy path to power without their votes.

    The Conservative Party’s gender gap in support has grown in each election since 2011, when Stephen Harper closed it, paving the way to a majority government after two back-to-back minorities.

    In 2025, Conservative Leader Pierre Poilievre’s strategy doesn’t appear poised to achieve the same success in terms of closing the gender gap. In fact, his rhetoric and platform both seem aimed at men, particularly younger and working-class demographics.

    Like Donald Trump and other leaders of the populist right, Poilievre’s and the Conservative Party of Canada’s rise in the polls since 2023 has been in part due to strengthening their appeal to working-class voters, particularly men.

    Poilievre has spent much of his time as CPC leader courting blue-collar workers and shifting the party’s agenda to include pro-worker policies. The culmination of this is its “More Boots, Less Suits” plan, a package of promises to boost training and apprenticeship grants, improve access to EI, harmonize health and safety policies and provide tax write-offs for trades people’s travel and subsistence costs for out of town work.

    Male-dominated sectors

    These may be good proposals, but these policies — and the rhetoric in which they were couched during the election campaign — don’t seem to offer much opportunity for the party to close the sizeable gender gap in voter intention.

    The rhetoric is heavily masculine, including the “More Boots, Less Suits” tagline. The policies in the plan appeal to workers in sectors that are heavily male-dominated.

    Women are estimated to represent about five per cent or less of the skilled trades workers that the CPC’s 2025 platform is designed to woo.

    The role of class in how people vote

    Drawing on my forthcoming chapter “Gender, Class and Voting Behaviour” in The Working Class and Politics in Canada (UBC Press), we can examine a simple question: does class affect men and women differently as they decide how to vote?

    The CPC has considerable support among working-class voters, particularly predominantly non-unionized men, but far less support among working-class women, as my chapter shows based on analyses of the 2019 Canadian Election Study.

    This gender difference arises, in part, because there are many more working-class men, according to occupational definitions, than there are working-class women, as noted above in terms of skilled trades.

    Poilievre has made strong sector- and occupation-based appeals in this campaign, invoking the idea of blue-collar versus white-collar workers and campaigning on pro-trades policies.

    There is a second issue beyond the gender-based occupational segregation in blue-collar jobs. Even among working-class voters, the appeal of the Conservative Party is significantly greater among men compared to women.

    The graph below shows the predicted probabilities of a Conservative vote in 2019 for men and women voters grouped by working-class versus non-working class on a scale of zero to one (with control variables for other factors that influence CPC vote such as income, region and partisanship).

    A gender gap is visible in both working-class and non-working class groups, but is largest in the working-class group, with working-class men heavily supporting the Conservatives.

    What about this election?

    We can assess these numbers as probabilities that can help us think through how voters might cast their ballots today.

    What’s the probability they’ll vote Conservative? Based on the statistical analyses of 37,000 respondents to the Canadian Election Study in 2019, this chart tells us that for working-class men, more than one in two might be expected to vote CPC in 2025, which represents a majority preference.

    In contrast, only one in four non-working-class women would. This makes for a big vote gap — a chasm even — as working-class men form the backbone of the party’s voter base.

    Men and women have distinct pathways to supporting Conservatives. But key parts of the Conservative strategy in 2025 limited the party’s potential to appeal to women, even working-class women. “More Boots, Less Suits” offers little to women specifically, or provides them with an opportunity to see themselves reflected in the policy. The broader CPC platform mentions women only four times.

    One mention of women appears in a promise to end intimate partner violence and consider aggravating factors for violence against vulnerable women.
    The other three are in single policy promising to repeal a federal regulation on the rights of gender-diverse federal offenders.



    Read more:
    Pierre Poilievre’s proposals on intimate partner violence will do little to stop it

    There is a widening gender divide in Canadian electoral politics. The Conservative Party’s appeal to working-class men is clear, consistent and electorally meaningful. But this success comes at the cost of deepening the party’s gender gap, and this gap is not merely symbolic, but structural.

    With women comprising more than half of the electorate, the Conservative Party of Canada’s current trajectory risks locking the party into a limited base. The “More Boots, Less Suits” plan may have mobilized one key demographic, but it did so while alienating another the party couldn’t afford to ignore.

    Elizabeth Goodyear-Grant receives funding from the Social Sciences and Humanities Research Council

    – ref. Pierre Poilievre’s ‘More Boots, Less Suits’ election strategy held little appeal to women – https://theconversation.com/pierre-poilievres-more-boots-less-suits-election-strategy-held-little-appeal-to-women-255078

    MIL OSI – Global Reports –

  • MIL-OSI: POET Technologies Announces US$25 Million Offering Priced at a Premium to Market

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks today announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation (the “Units“) at a price of US$5.00 per Unit (the “Issue Price“) for aggregate gross proceeds to the Corporation of US$25 million (the “Offering“). Each Unit will be comprised of one common share of the Corporation (each, a “Common Share“) and one common share purchase warrant of the Corporation (each, a “Warrant“), with each Warrant being exercisable to acquire one Common Share at a price of C$8.32 for a period of five years from the date of issuance.

    The Issue Price represents a premium of approximately 21.8% over the closing price of the Common Shares on the TSX Venture Exchange on Friday, April 25, 2025. The Corporation anticipates using the net proceeds of the Offering for working capital and general corporate purposes.

    The Offering will be made by way of a prospectus supplement (the “Prospectus Supplement“) to the short form base shelf prospectus of the Corporation dated September 6, 2024, which Prospectus Supplement will be prepared and filed by the Corporation prior to the closing of the Offering with the securities regulatory authorities in each of the provinces and territories of Canada, as well as with the U.S. Securities and Exchange Commission as part of the Corporation’s U.S. registration statement on Form F-10 (“Form F-10“) (Registration No. 333-280553) under the U.S.-Canada Multijurisdictional Disclosure System, with such additions thereto and deletions therefrom as may be permitted or required by Form F-10. The Offering is expected to be fully subscribed by a single institutional investor in Canada that qualifies as an “accredited investor” under National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators.

    The consummation of the Offering remains subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange (the “Exchange“), and the satisfaction of other customary closing conditions. No commission or finder’s fee will be paid in connection with the Offering.

    The Corporation had announced the terms of a similar offering on December 12, 2024. However, the Corporation decided to postpone such offering in order to prioritize the completion of its previously announced acquisition of Quanzhou San’an Optical Communication Technology Co., Ltd.’s 24.8% interest in Super Photonics Integrated Circuit Xiamen Co., Ltd. (“SPX“) and meet key milestones related to establishing assembly and manufacturing capabilities in Malaysia. With the SPX acquisition now complete and the Malaysia expansion well underway, the Corporation and the investor have agreed to revised offering terms and anticipate completing the Offering on or about May 15, 2025. With an already robust cash position, the completion of the current offering will be used to further establish the Corporation as a leading supplier of optical engines and light sources that power connectivity in artificial intelligence systems and networks.

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

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications.  POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China.  More information about POET is available on our website at www.poet-technologies.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Corporation’s expectations with respect to consummation of the Offering, the Corporation’s ability to complete the Offering on the announced terms, the Corporation’s products, the scalability of the POET Optical Interposer and the success of the Corporation’s products, the Corporation’s ability satisfy all closing conditions and close the Offering within the announced timeline, the investor acquiring all of the Units under the Offering on the terms announced, the Corporation’s use of proceeds for the Offering, the Corporation’s ability to complete the Malaysia expansion, the Corporation’s ability to obtain the final approval of the Exchange, the Corporation being well-capitalized upon the closing of the Offering and the Corporation being able to advance its business objectives. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the size of the market for its products, the capability of SPX to produce products on time and at the expected costs, the performance and availability of certain components, and the success of its customers in achieving market penetration for their products. Actual results could differ materially due to a number of factors, including, without limitation, the attractiveness of the Corporation’s product offerings, performance of its technology, the performance of key components, and ability of its customers to sell their products into the market. For further information concerning these and other risks and uncertainties, refer to the Corporation’s filings on SEDAR+ at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Although the Corporation believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Corporation’s securities should not place undue reliance on forward-looking statements because the Corporation can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Corporation assumes no obligation to update or revise this forward-looking information and statements except as required by applicable securities laws.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI: Roper Technologies announces first quarter financial results

    Source: GlobeNewswire (MIL-OSI)

    SARASOTA, Fla., April 28, 2025 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2025.

    First quarter 2025 highlights

    • Revenue increased 12% to $1.88 billion; acquisition contribution was +8% and organic revenue was +5%
    • GAAP net earnings decreased 13% to $331 million; adjusted net earnings increased 9% to $517 million
    • Adjusted EBITDA increased 9% to $740 million
    • Operating cash flow decreased 1% to $529 million; trailing-twelve-months adjusted operating cash flow increased 12% to $2.39 billion
    • GAAP DEPS decreased 14% to $3.06; adjusted DEPS increased 8% to $4.78

    “Roper had a strong start to 2025 and our enterprise continues to execute at a high level,” said Neil Hunn, Roper’s President and CEO. “Our total revenue growth of 12% was driven by an 8% acquisition contribution and 5% organic growth. Importantly, our trailing-twelve-months free cash flow grew 12% with a 31% free cash flow margin. Last week, we completed the acquisition of CentralReach, a leading provider of cloud-native software enabling the workflow and administration of Applied Behavior Analysis therapy. CentralReach is a terrific business that not only meets each of our historical acquisition criteria but also meets our higher growth and higher return expectations.”

    “Despite an uncertain macroeconomic backdrop, we are increasing our full year outlook. This is underpinned by resilient demand for our mission critical solutions and our expanding recurring revenue base. Additionally, we are well positioned to continue executing our disciplined and process-driven capital deployment strategy, fueled by our significant M&A firepower and a large pipeline of attractive acquisition opportunities. Roper’s durable cash flow compounding model has historically performed well through economic and market cycles, and we expect our resilience will again be demonstrated in the current environment,” concluded Mr. Hunn.

    Increasing 2025 guidance

    Roper now expects full year 2025 adjusted DEPS of $19.80 – $20.05, compared to previous guidance of $19.75 – $20.00. The Company increased its full year total revenue growth outlook to ~12%, compared to a previous outlook of 10%+, and continues to expect organic revenue growth of +6 – 7%.

    For the second quarter of 2025, the Company expects adjusted DEPS of $4.80 – $4.84.

    Roper’s guidance includes the impact of the previously announced acquisition of CentralReach, which closed on April 23, 2025. The Company’s guidance excludes the impact of unannounced future acquisitions or divestitures.

    Conference call to be held at 8:00 AM (ET) today

    A conference call to discuss these results has been scheduled for 8:00 AM ET on Monday, April 28, 2025. The call can be accessed via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using conference call ID 07867. Webcast information and conference call materials will be made available in the Investors section of Roper’s website (www.ropertech.com) prior to the start of the call. The webcast can also be accessed directly by using the following URL https://event.webcast. Telephonic replays will be available for up to two weeks and can be accessed by dialing +1 646-517-4150 with access code 07867#.

    Use of non-GAAP financial information

    The Company supplements its consolidated financial statements presented on a GAAP basis with certain non-GAAP financial information to provide investors with greater insight, increase transparency and allow for a more comprehensive understanding of the information used by management in its financial and operational decision-making. Reconciliation of non-GAAP measures to their most directly comparable GAAP measures are included in the accompanying financial schedules or tables. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated.

    Minority interest

    Following the sale of a majority stake in its industrial businesses to CD&R, Roper holds a minority interest in Indicor. The fair value of Roper’s equity investment in Indicor is updated on a quarterly basis and reported as “equity investments (gain) loss, net.” Roper makes non-GAAP adjustments for the impacts associated with this investment.

    Table 1: Revenue and adjusted EBITDA reconciliation ($M)
      Q1 2024   Q1 2025   V %
    GAAP revenue $ 1,681     $ 1,883     12 %
               
    Components of revenue growth          
    Organic         5 %
    Acquisitions         8 %
    Foreign exchange         — %
    Revenue growth         12 %
               
    Adjusted EBITDA reconciliation          
    GAAP net earnings $ 382     $ 331      
    Taxes   102       87      
    Interest expense   53       63      
    Depreciation   9       9      
    Amortization   185       204      
    EBITDA $ 731     $ 694     (5)%
               
    Transaction-related expenses for completed
    acquisitions    		   2       1      
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   (57 )     44   A  
    Adjusted EBITDA $ 676     $ 740     9 %
    Adjusted EBITDA margin   40.2 %     39.3 %   (90 bps)
                       
    Table 2: Adjusted net earnings reconciliation ($M)
      Q1 2024   Q1 2025   V %
    GAAP net earnings $ 382     $ 331   (13)%
    Transaction-related expenses for completed
    acquisitions    		   1       1    
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   (48 )     32 A  
    Amortization of acquisition-related intangible
    assets    		   141       154 B  
    Adjusted net earnings C $ 476     $ 517   9 %
               
    Table 3: Adjusted DEPS reconciliation
      Q1 2024   Q1 2025   V %
    GAAP DEPS $ 3.54     $ 3.06   (14)%
    Transaction-related expenses for completed
    acquisitions    		   0.01       0.01    
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   (0.45 )     0.29 A  
    Amortization of acquisition-related intangible
    assets    		   1.31       1.42 B  
    Adjusted DEPSC $ 4.41     $ 4.78   8 %
               
    Table 4: Adjusted cash flow reconciliation ($M)
    (from continuing operations)    		    
      Q1 2024   Q1 2025   V %     TTM 2024   TTM 2025   V %
    Operating cash flow $ 531     $ 529     (1)%     $ 2,104     $ 2,390     14 %
    Taxes paid in period
    related to divestiture    		   —       —             32       —      
    Adjusted operating cash
    flow    		 $ 531     $ 529     (1)%     $ 2,136     $ 2,390     12 %
    Capital expenditures   (9 )     (10 )           (68 )     (66 )    
    Capitalized software
    expenditures    		   (10 )     (12 )           (40 )     (48 )    
    Adjusted free cash flow $ 513     $ 507     (1)%     $ 2,029     $ 2,276     12 %
                             
    Table 5: Forecasted adjusted DEPS reconciliation
      Q2 2025   FY 2025
      Low end   High end   Low end   High end
    GAAP DEPS D $ 3.33   $ 3.37   $ 13.72   $ 13.97
    YTD transaction-related expenses for
    completed acquisitions    		   —     —     0.01     0.01
    YTD financial impacts associated with the
    minority investment in Indicor A    		   —     —     0.29     0.29
    Amortization of acquisition-related
    intangible assets B    		   1.47     1.47     5.78     5.78
    Adjusted DEPS C $ 4.80   $ 4.84   $ 19.80   $ 20.05
                   

    Footnotes:

    A. Adjustments related to the financial impacts associated with the minority investment in Indicor as shown below ($M, except per share data). Forecasted results do not include any potential impacts associated with our minority investment in Indicor, as these potential impacts cannot be reasonably predicted. These impacts will be excluded from all non-GAAP results in future periods.
                         
        Q1 2025A     Q2 2025E   FY 2025E     YTD 2025A
      Pretax $ 44     TBD   TBD     $ 44
      After-tax $ 32     TBD   TBD     $ 32
      Per share $ 0.29     TBD   TBD     $ 0.29
                         
    B. Actual results and forecast of estimated amortization of acquisition-related intangible assets as shown below ($M, except per share data).
                         
        Q1 2025A     Q2 2025E   FY 2025E      
      Pretax $ 194     $ 202   $ 795      
      After-tax $ 154     $ 160   $ 628      
      Per share $ 1.42     $ 1.47   $ 5.78      
                         
    C. All actual and forecasted non-GAAP adjustments are taxed at 21% with the exception of the financial impacts associated with minority investments.
                         
    D. Forecasted GAAP DEPS do not include any potential impacts associated with our minority investment in Indicor. These impacts will be excluded from all non-GAAP results in future periods.
       

    Note: Numbers may not foot due to rounding.

    About Roper Technologies

    Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.

    Contact information:
    Investor Relations
    941-556-2601
    investor-relations@ropertech.com

    The information provided in this press release contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth, profit and cash flow expectations. Forward-looking statements may be indicated by words or phrases such as “anticipate,” “estimate,” “plans,” “expects,” “projects,” “should,” “will,” “believes,” “intends” and similar words and phrases. These statements reflect management’s current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statement. Such risks and uncertainties include our ability to identify and complete acquisitions consistent with our business strategies, integrate acquisitions that have been completed, realize expected benefits and synergies from, and manage other risks associated with, acquired businesses, including obtaining any required regulatory approvals with respect thereto. We also face other general risks, including our ability to realize cost savings from our operating initiatives, general economic conditions and the conditions of the specific markets in which we operate, including risks related to labor shortages and rising interest rates, changes in foreign exchange rates, risks related to changing U.S. and foreign trade policies, including increased trade restrictions or tariffs, risks associated with our international operations, cybersecurity and data privacy risks, including litigation resulting therefrom, risks related to political instability, armed hostilities, incidents of terrorism, public health crises (such as the COVID-19 pandemic) or natural disasters, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, including as a result of inflation and potential supply chain constraints, environmental compliance costs and liabilities, risks and cost associated with litigation, potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products. Important risks may be discussed in current and subsequent filings with the SEC. You should not place undue reliance on any forward-looking statements. These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

    # # #

    Roper Technologies, Inc.      
    Condensed Consolidated Balance Sheets (unaudited)    
    (Amounts in millions)      
           
      March 31, 2025   December 31, 2024
    ASSETS:      
           
    Cash and cash equivalents $ 372.8     $ 188.2  
    Accounts receivable, net   813.3       885.1  
    Inventories, net   125.5       120.8  
    Income taxes receivable   20.3       25.6  
    Unbilled receivables   135.7       127.3  
    Prepaid expenses and other current assets   237.0       195.7  
    Total current assets   1,704.6       1,542.7  
           
    Property, plant and equipment, net   150.0       149.7  
    Goodwill   19,408.2       19,312.9  
    Other intangible assets, net   8,916.9       9,059.6  
    Deferred taxes   54.7       54.1  
    Equity investment   728.2       772.3  
    Other assets   456.2       443.4  
    Total assets $ 31,418.8     $ 31,334.7  
           
    LIABILITIES AND STOCKHOLDERS’ EQUITY:      
           
    Accounts payable $ 152.8     $ 148.1  
    Accrued compensation   179.1       289.0  
    Deferred revenue   1,667.9       1,737.4  
    Other accrued liabilities   544.5       546.2  
    Income taxes payable   144.3       68.4  
    Current portion of long-term debt, net   999.4       1,043.1  
    Total current liabilities   3,688.0       3,832.2  
           
    Long-term debt, net of current portion   6,457.0       6,579.9  
    Deferred taxes   1,611.6       1,630.6  
    Other liabilities   438.6       424.4  
    Total liabilities   12,195.2       12,467.1  
           
    Common stock   1.1       1.1  
    Additional paid-in capital   3,108.7       3,014.6  
    Retained earnings   16,276.9       16,034.9  
    Accumulated other comprehensive loss   (146.8 )     (166.5 )
    Treasury stock   (16.3 )     (16.5 )
    Total stockholders’ equity   19,223.6       18,867.6  
    Total liabilities and stockholders’ equity $ 31,418.8     $ 31,334.7  
           
    Roper Technologies, Inc.      
    Condensed Consolidated Statements of Earnings (unaudited)      
    (Amounts in millions, except per share data)      
           
      Three months ended
    March 31,
        2025     2024  
    Net revenues $ 1,882.8   $ 1,680.7  
    Cost of sales   589.1     499.7  
    Gross profit   1,293.7     1,181.0  
           
    Selling, general and administrative expenses   767.9     699.7  
    Income from operations   525.8     481.3  
           
    Interest expense, net   62.9     53.2  
    Equity investments (gain) loss, net   44.4     (57.0 )
    Other expense, net   0.5     1.2  
           
    Earnings before income taxes   418.0     483.9  
           
    Income taxes   86.9     101.9  
           
    Net earnings $ 331.1   $ 382.0  
           
    Net earnings per share:      
    Basic $ 3.08   $ 3.57  
    Diluted $ 3.06   $ 3.54  
           
    Weighted average common shares outstanding:      
    Basic   107.4     107.0  
    Diluted   108.2     107.9  
                 
    Roper Technologies, Inc.              
    Selected Segment Financial Data (unaudited)              
    (Amounts in millions; percentages of net revenues)              
                   
      Three months ended March 31,
       2025     2024 
      Amount   %   Amount   %
    Net revenues:              
    Application Software $ 1,068.2       $ 895.2    
    Network Software   375.9         370.8    
    Technology Enabled Products   438.7         414.7    
    Total $ 1,882.8       $ 1,680.7    
                   
                   
    Gross profit:              
    Application Software $ 720.8   67.5 %   $ 625.7   69.9 %
    Network Software   315.6   84.0 %     316.3   85.3 %
    Technology Enabled Products   257.3   58.7 %     239.0   57.6 %
    Total $ 1,293.7   68.7 %   $ 1,181.0   70.3 %
                   
                   
    Operating profit*:              
    Application Software $ 276.8   25.9 %   $ 239.6   26.8 %
    Network Software   166.7   44.3 %     167.0   45.0 %
    Technology Enabled Products   153.6   35.0 %     136.2   32.8 %
    Total $ 597.1   31.7 %   $ 542.8   32.3 %
                   
                   
    * Segment operating profit is before unallocated corporate general and administrative expenses and enterprise-wide stock-based compensation. These expenses were $71.3 and $61.5 for the three months ended March 31, 2025 and 2024, respectively.
     
    Roper Technologies, Inc.  
    Condensed Consolidated Statements of Cash Flows (unaudited)
    (Amounts in millions)
      Three months ended
    March 31,
        2025       2024  
    Cash flows from operating activities:      
    Net earnings $ 331.1     $ 382.0  
    Adjustments to reconcile net earnings to cash flows from operating
    activities:    		      
    Depreciation and amortization of property, plant and equipment   9.1       9.2  
    Amortization of intangible assets   204.0       185.0  
    Amortization of deferred financing costs   2.8       2.2  
    Non-cash stock compensation   38.8       33.6  
    Equity investments (gain) loss, net   44.4       (57.0 )
    Income tax provision   86.9       101.9  
    Changes in operating assets and liabilities, net of acquired businesses:      
    Accounts receivable   74.4       79.4  
    Unbilled receivables   (7.6 )     (12.2 )
    Inventories   (4.1 )     (7.9 )
    Prepaid expenses and other current assets   (41.3 )     (26.8 )
    Accounts payable   2.9       0.3  
    Other accrued liabilities   (107.4 )     (69.3 )
    Deferred revenue   (70.6 )     (70.5 )
    Cash income taxes paid   (29.1 )     (19.0 )
    Other, net   (5.6 )     0.6  
    Cash provided by operating activities   528.7       531.5  
           
    Cash flows used in investing activities:      
    Acquisitions of businesses, net of cash acquired   (124.9 )     (1,858.7 )
    Capital expenditures   (9.5 )     (9.3 )
    Capitalized software expenditures   (12.4 )     (9.6 )
    Other   —       (1.0 )
    Cash used in investing activities   (146.8 )     (1,878.6 )
           
    Cash flows from (used in) financing activities:      
    Borrowings (payments) under revolving line of credit, net   (125.0 )     1,390.0  
    Cash dividends to stockholders   (88.6 )     (80.5 )
    Proceeds from stock-based compensation, net   42.7       21.7  
    Treasury stock sales   7.2       5.8  
    Other, net   (44.1 )     (0.1 )
    Cash provided by (used in) financing activities   (207.8 )     1,336.9  
           
    Effect of exchange rate changes on cash   10.5       (5.7 )
           
    Net increase (decrease) in cash and cash equivalents   184.6       (15.9 )
           
    Cash and cash equivalents, beginning of period   188.2       214.3  
           
    Cash and cash equivalents, end of period $ 372.8     $ 198.4  
           

    The MIL Network –

  • MIL-OSI: Clear Blue Technologies International to provide Corporate Update and Report Fiscal 2024 Financial Results and Host Conference Call on Thursday, May 1st, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) the Smart Off-Grid™ Company, today announces that it will provide a corporate update and also report financial results for its fiscal 2024 on Wednesday, April 30, 2025, after the market closes.

    Welcome to Clear Blue 2.0!

    Clear Blue has successfully completed its financial restructuring and is now positioned to move forward and execute on the opportunity ahead. The Company has been very busy. Clear Blue will host a conference call on Thursday, May 1st, at 11:00 a.m. Eastern Time, to review the financial restructuring, the Company’s 2024 results, and to provide an update on its 2025 outlook and growth plan going forward. Those interested can register at:

    Registration Link

    https://us06web.zoom.us/webinar/register/WN_yLCwKEZnTLKhrAlYtqG51g

    Final TSX-V Approval

    On April 9, 2025, the Company announced the final piece of its financial restructuring – a transaction with RE Royalties that replaced its banking loan. The TSX-V has now approved the issuance of 1,388,889 units of equity units. Each unit consists of one common share and one common share purchase warrant. Units were priced at CAD 0.18 per share, and each warrant is exercisable at CAD 0.30 for 24 months

    About Clear Blue Technologies International

    Clear Blue Technologies International, the Smart Off-Grid™ company, was founded on a vision of delivering clean, managed, “wireless power” to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems. Today, Clear Blue has thousands of systems under management across 37 countries, including the U.S. and Canada. (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF)

    Legal Disclaimer:

    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.

    For more information, contact:

    Miriam Tuerk, Co-Founder and CEO
    +1 416 433 3952
    miriam@clearbluetechnologies.com
    www.clearbluetechnologies.com/en/investors

    The MIL Network –

  • MIL-OSI Asia-Pac: InvestHK unveils application details for Global Fast Track 2025

    Source: Hong Kong Government special administrative region

    Invest Hong Kong (InvestHK) announced that the eighth edition of the Global Fast Track (GFT) 2025 is now open for applications until September 21. This year, the programme will be expanded to include other verticals in addition to fintech, unleashing business opportunities for more technology companies in Hong Kong and worldwide. The year-long hybrid programme provides participants with one-on-one meetings, live pitching opportunities, mentorship, and tailored business matching with corporate clients, investors and service providers. A separate competition track will select semi-finalists from each vertical to pitch in person during the Hong Kong FinTech Week x StartmeupHK Festival 2025 in November, with the grand finale taking place at the main conference. Shortlisted companies will also have access to exclusive networking events during the week for potential partnerships. 
     
         The Global Head of Financial Services, FinTech & Sustainability at InvestHK, Mr King Leung, shared, “The Global Fast Track has grown into more than just a fintech-accelerating platform. The expansion into additional verticals beyond fintech reflects a growing trend of technology converging across multiple industries. To date, the GFT has supported over 1 000 fintech companies from more than 50 economies, helping them showcase cutting-edge innovations and expedite market entry into Hong Kong and beyond. We are thrilled to build on this success and continue to offer unparalleled access to a regional network of more than 120 investors, corporate and service champions, mentors, and industry leaders.”
     
         The Head of Startups at InvestHK, Ms Jayne Chan, added, “It is exciting to see the expansion of this meaningful programme this year, as we welcome applications from verticals beyond fintech, including the newly dedicated ‘Innovation & Technology’ or deep tech vertical. Together, we aim to unlock the true potential of innovation across industries and provide a launchpad for transformative solutions. I look forward to welcoming high-calibre start-ups and scaleup applicants from around the world and witnessing the remarkable outcomes this programme will deliver.”
     
    Explore the Seven Expanded Global Fast Track Verticals
     
    The GFT 2025 includes seven key verticals, covering a broader range of categories than ever before:

    • FinTech;
    • Artificial Intelligence;
    • GreenTech;
    • Blockchain & Digital Assets;
    • InsurTech & HealthTech;
    • Innovation & Technology; and
    • Mainland China Track (in Mandarin).

     
    Glimpse of GFT 2025 Featured Partners
     
    HKSTP Global Connect
     
    For the GFT 2025, InvestHK is once again partnering with the Hong Kong Science and Technology Parks Corporation’s Global Connect Programme to support start-ups in expanding their presence in Hong Kong. The programme offers a comprehensive soft-landing package, including:
     

    • Financial grants of up to HK$100,000;
    • Access to co-working space;
    • Investment and business matching;
    • 1-on-1 consultations for setting up businesses in Hong Kong; and
    • Training and networking.

     
    Accenture FinTech Innovation Lab Asia-Pacific
     
    Established by Accenture in collaboration with Hong Kong Cyberport, the FinTech Innovation Lab Asia-Pacific (FILAP) bridges growth-stage fintech start-ups with senior executives from world-leading financial institutions. Since its launch, FILAP alumni have collectively raised over US$1.1 billion in funding and developed 552 Proof of Concepts across nearly 90 companies. Through the GFT 2025, applicants will have the opportunity to fast-track to FILAP 2026 Interview Day, providing access to expert mentorship and exclusive connections to global financial leaders.
     
         The GFT 2025 is an unparalleled opportunity for qualified innovators to showcase their profile in front of thousands of attendees and key corporates and investors looking for solutions and investment opportunities. Previous finalists have come from around the world, including Canada, France, Israel, Mainland China, Korea, Sweden, Switzerland, the United Kingdom and the United States.
     
    For details of the entire programme of the GFT 2025 and the application process, please visit here.

    MIL OSI Asia Pacific News –

  • MIL-OSI: International Petroleum Corporation to release Q1 2025 Financial and Operational Results on May 6, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three months ending 31 March 2025, on Tuesday, May 6, 2025 at 07:30 CET, followed by an audiocast at 09:00 CET.

    Follow the 2025 first quarter financial and operating results presentation starting at 09:00 CET live on www.international-petroleum.com or using the link or dial in details below:

    Presentation Link: https://ipc.videosync.fi/2025-05-06-q1

    Dial in number(s) Stockholm: +46 (0) 8 5052 0424
      UK-Wide: +44 (0) 33 0551 0200
      USA Local: +1 786 697 3501
       
    Password Quote IPC when prompted by the operator
       

    International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm under the symbol “IPCO”.

    For further information, please contact:

    Rebecca Gordon
    SVP Corporate Planning and Investor Relations
    rebecca.gordon@international-petroleum.com
    Tel: +41 22 595 10 50

    Or

    		 Robert Eriksson
    Media Manager
    reriksson@rive6.ch
    Tel: +46 701 11 26 15
         

    Forward-Looking Statements
    This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

    All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”.

    The MIL Network –

  • MIL-OSI: eQ PE XVII US has raised USD 168 million

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    28 April 2025, 10:00 am

    eQ Asset Management has raised USD 168 million for the eQ PE XVII US fund in the beginning of 2025. Fundraising for the eQ PE XVII US fund will continue throughout 2025.

    eQ PE XVII US invests in private equity funds whose strategy is to make equity investments in private small and medium-sized companies in the United States and Canada. The fund’s portfolio will consist of 12–15 funds, mainly sector-specialized, through which the fund will be diversified across more than 150 companies in various industries, states and by vintage. The fund will also make co-investments.

    eQ started its co-operation with RCP Advisors, located in Chicago, in 2015. The current fund is the sixth US fund raised in this partnership. RCP, founded in 2001, is a highly experienced and well-resourced private equity manager, specializing in lower middle market North American funds. Altogether, eQ has raised USD 1.2 billion for its US funds from over 200 clients.

    In addition, during late 2024 and early 2025, eQ has signed private equity programmes totalling over EUR 330 million. Including the capital of current private equity programmes, the total capital is approximately EUR 1 billion. Private equity programmes are typically 4–5 year solutions, offering clients not only a comprehensive PE portfolio managed by eQ, but also transparent reporting and reduced portfolio administration through a single-line balance sheet item.

    Staffan Jåfs, Head of Private Equity, comments:
    “Although the M&A market has been less active than usual for nearly two years, the small and mid-cap segment has still seen more new investments and exits compared to the larger end of the market. We believe the lower middle market segment offers attractive investment opportunities across cycles, as entry valuations and leverage are typically lower, value creation is operational, with cash-only exits to industrial buyers or larger PE funds. Our portfolios primarily consist of service companies focused on domestic markets. Our partnership with RCP is extensive, and this new fund offers our investors access to a highly attractive market via top-tier portfolio funds.”

    At the end of 2024, eQ Asset Management had EUR 13.4 billion in assets under management, of which EUR 3.3 billion was in eQ’s private equity funds. eQ alternates annually between launching European and North American funds. eQ’s private equity funds are intended for professional investors only.

    Helsinki, 28 April 2025

    eQ Asset Management Ltd

    Further Information:

    Staffan Jåfs, Head of Private Equity, eQ Asset Management Ltd
    +358 (9) 6817 8736, staffan.jafs@eQ.fi 

    eQ is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management services (including private equity funds and real estate asset management) for institutions and individuals. The assets managed by the group total approximately EUR 13.4 billion. Advium Corporate Finance, which is part of the group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets. The share of the group’s parent company eQ Plc is listed on Nasdaq Helsinki. More information about the group is available on our website at www.eQ.fi.

    The MIL Network –

  • MIL-OSI: Best Online Casinos New Zealand: 7Bit Casino Picked as Top Casino for NZ Players

    Source: GlobeNewswire (MIL-OSI)

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    Disclaimers and Affiliate Disclosure

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/10718a9c-846b-4181-8c60-cf087632b3f1

    The MIL Network –

  • MIL-OSI: Exosens delivers strong revenue growth in Q1 2025 in a dynamic defense market environment; Fully on track to 2025 guidance

    Source: GlobeNewswire (MIL-OSI)

    EXOSENS DELIVERS STRONG REVENUE GROWTH IN Q1 2025 IN A DYNAMIC DEFENSE MARKET ENVIRONMENT

    FULLY ON TRACK TO 2025 GUIDANCE

    HIGHLIGHTS

    • Sustained revenue growth of +21.1% to €104.9m in Q1 2025, reflecting strong like-for-like performance (+18.0%)
      • Continued strong growth in Amplification revenue (+29.1% vs. Q1 2024), driven by a growing demand of image intensifier tubes for Defense night vision applications from NATO and Tier-1 allies forces
      • Detection & Imaging revenue slightly down (-1.0% vs. Q1 2024), affected by temporary headwinds mostly related to Telops, the Group’s imaging systems business in Canada (+16% growth vs. Q1 2024 excluding Telops). Growth is expected to resume and accelerate throughout the remainder of the year supported by solid underlying end-market trends
    • Adjusted gross margin up +28.1% to €52.6m in Q1 2025 (margin rate of 50.1%, +270bps vs. Q1 2024), mainly driven by strong Amplification growth (+39.5%)
    • Closing of Noxant acquisition, reinforcing Exosens’ position in high-performance cooled infrared imaging, particularly in fast growing Defense and Surveillance markets

    OUTLOOK

    • Fully on track to deliver on 2025 guidance: continued strong performance expected, with revenue growth in the high-teens and adjusted EBITDA growth in the low twenties

    Mérignac (France), 28 April 2025 – Exosens (EXENS; FR001400Q9V2), a high-tech company focused on providing mission and performance-critical amplification, detection and imaging technologies, today publishes its revenue and adjusted gross margin for the first quarter of 2025.

    “After a very successful 2024, which marked a turning point in our trajectory and saw us exceed our IPO guidance, we are proud to start 2025 with a strong Q1 performance, confirming the positive momentum across our core markets. Regarding our Defense-related activities, demand remains high amid increasing geopolitical tensions and sustained investment from NATO countries and Tier-1 allies. This solid start of the year demonstrates the strength of our positioning and our ability to execute. Amplification continues to be a key growth engine, supported by accelerating demand and increased capacity, while our Detection & Imaging segment is on track to deliver solid like-for-like growth, progressively improving over the course of the year.

    Supported by strong fundamentals , and solid operational performance, we are fully confident in our ability to deliver our 2025 objectives and continue creating long-term value for all stakeholders.” commented Jérôme Cerisier, CEO of Exosens.

    Strong revenue performance in Q1 2025 in a dynamic defense market environment

      Q1 2024 Q1 2025 Change Like-for-like
      In €m In €m In €m In % In %
    Amplification 63.3 81.7 +18.4 +29.1% +29.3%
    Detection & Imaging 24.2 24.0 (0.2) (1.0)% (13.0)%
    Eliminations & Other (0.8) (0.7) +0.1 n/a n/a
    Total revenue 86.7 104.9 +18.3 +21.1% +18.0%

    Exosens delivered strong revenue performance in Q1 2025, demonstrating its ability to continue its sustained growth trajectory. Consolidated revenue amounted to €104.9 million, which represented a growth of +21.1% (+€18.3 million) compared to Q1 2024. On a like-for-like basis, revenue grew by +18.0% year-over-year, driven by continued strong momentum in Defense end-markets.

    Amplification revenue amounted to €81.7 million in Q1 2025, marking a significant growth of +29.1% (+€18.4 million) compared to Q1 2024, reflecting higher sales volumes due to increased production capacity and growing demand of image intensifier tubes for Defense night vision applications.

    Reflecting this dynamic market environment, Exosens has continued benefiting from its position as the strategic supplier of NATO and Tier-1 allies, which have continued to ramp up their procurement of night vision systems on the back of the need for armies to enhance their night fighting capabilities. This positive trend was particularly noticeable in Europe with a number of major business wins, notably in Eastern and Northern Europe.

    Detection and Imaging revenue amounted to €24.0 million in Q1 2025, representing a small decline of -1.0% compared to Q1 2024. The first semester revenue contribution for Detection & Imaging is typically lower due to seasonality. On a like-for-like basis, D&I revenue was down -13.0% (-€3.1 million), mainly due to Telops, the Group’s Canadian-based imaging system business. Telops was temporarily impacted by US tariff uncertainties and reductions in federal science funding, which resulted in softer demand from US customers, as well as by delays in securing certain export licenses. Excluding Telops, D&I revenue grew by around +16% year-over-year and was broadly stable on a like-for-like basis.

    Exosens continued to see robust demand across its key high-growth markets, particularly in Nuclear and Defense & Surveillance.

    The Group expects D&I like-for-like growth to resume and accelerate throughout the remainder of the 2025 fiscal year, supported by solid underlying end-market trends.

    On the M&A front, Exosens closed on 13thMarch 2025 the acquisition of Noxant, a specialist in high-performance cooled infrared cameras. Noxant’s range of high-performance MWIR cooled camera cores provides complementary capabilities that meet the increasing demand for advanced infrared solutions, particularly for drone-based Defense and Surveillance applications where camera integration is required. Meaningful synergies are expected with Exosens’ imaging business leveraging its technologies portfolio and worldwide commercial reach.

    The Group has started Noxant’s integration process, which is expected to be finalized by end-June. Q1 2025 revenue and adjusted gross margin do not include any contribution from this acquisition.

    Otherwise, the closing of the acquisition of NVLS, a specialist in man-portable night vision and thermal devices, is expected to occur during Q2 2025, pending customary clearances and approvals.

    Adjusted gross margin up +28.1% in Q1 2025

      Q1 2024 Q1 2025 Change
      In €m % of sales In €m % of sales In €m In %
    Amplification 29.2 46.2% 40.8 49.9% +11.6 +39.5%
    Detection & Imaging 11.8 48.9% 11.8 49.3% (0.0) (0.1)%
    Eliminations & Other 0.0 n/a 0.0 n/a n/a n/a
    Adjusted gross margin 41.1 47.4% 52.6 50.1% +11.5 +28.1%

    Exosens recorded a strong increase in adjusted gross margin at Group level, mainly driven by higher sales volumes, improved yields and favorable product mix. The Group’s adjusted gross margin stood at €52.6 million in Q1 2025, reflecting a growth of +28.1% (+€11.5 million) compared to Q1 2024. As a percentage of consolidated revenue, adjusted gross margin was 50.1% in Q1 2025, representing an improvement of 270 basis points year-on-year.

    Adjusted gross margin for the Amplification segment reached €40.8 million in Q1 2025, recording a growth of +39.5% (+€11.6 million) compared to Q1 2024. Margin rate increased by 370 basis points to 49.9% in Q1 2025, driven by the strong growth in sales volume with increased production capacity, improved yields and favorable product mix.

    Adjusted gross margin for the Detection and Imaging segment amounted to €11.8 million in Q1 2025, stable compared to Q1 2024. Margin rate improved by 50 basis points to 49.3% in Q1 2025, despite lower revenue, driven by better yields, effective cost control, and supply chain synergies.

    Evolution of corporate governance

    The Board of Directors of Exosens, at its meeting on 25 April 25, proposed to the upcoming annual combined General Meeting on 23 May to appoint Bpifrance Investissement as a director.

    This nomination of Bpifrance Investissement, represented by Ms. Dorianne Bonfils as permanent representative, for a seat on the Board of Directors is aligned with Bpifrance Participations’ increased investment in Exosens’ share capital.

    Following the exercise of the call option on Exosens shares granted by HLD as part of Exosens’ IPO, Bpifrance Participations acquired an additional 2.7% stake in the share capital and voting rights on 25 April 2025 and now ranks as Exosens’ second-largest shareholder, holding 7.2% of the share capital and voting rights, behind the HLD Group.

    At its meeting on 25 April 2025, the Board of Directors, following the recommendation of Exosens’ Nominations and Compensation Committee, and after evaluating its independence according to the AFEP-MEDEF code criteria, confirmed Bpifrance Investissement’s status as an independent director, should it be appointed by the Company’s General Meeting.

    Outlook for 2025 and the 2024-2026 period confirmed

    Exosens expects a continued strong performance in 2025, with revenue growth in the high-teens and adjusted EBITDA growth in the low twenties compared to 2024.

    The Group expects a high-teens 2024-2026 adjusted EBITDA CAGR and a cash conversion1ratio in the range of 70%-75% over the period, taking into account capacity investment in Europe and in the US.

    Furthermore, the Group intends to pursue its growth strategy, at a pace consistent with historical trend, while maintaining a leverage ratio2of around 2x.

    Financial calendar

    • 29/04/2025: Publication of 2024 universal registration document;
    • 23/05/2025: Annual general meeting;
    • 31/07/2025: H1 2025 results (publication before market opening);
    • 27/10/2025: Q3 2025 revenue & adj. gross margin (publication before market opening).

    About Exosens

    Exosens is a high‐tech company, with more than 85 years of experience in the innovation, development, manufacturing and sale of high‐end electro‐optical technologies in the field of amplification, detection and imaging. Today, it offers its customers detection components and solutions such as travelling wave tubes, advanced cameras, neutron & gamma detectors, instrument detectors and light intensifier tubes. This allows Exosens to respond to complex issues in extremely demanding environments by offering tailor‐made solutions to its customers. Thanks to its sustained investments, Exosens is internationally recognized as a major innovator in optoelectronics, with production and R&D carried out on 11 sites, in Europe and North America, and with over 1,800 employees. Exosens is listed on compartment A of the regulated market of Euronext Paris ﴾Ticker: EXENS – ISIN: FR001400Q9V2﴿. Exosens is a member of Euronext Tech Leaders segment and is also included in several indices, including the SBF 120, CAC All-Tradable, CAC Mid 60, FTSE Total Cap and MSCI France Small Cap. For more information: www.exosens.com.

    Investor relations

    Laurent Sfaxi, l.sfaxi@exosens.com

    Media relations

    Brunswick Group, exosens@brunswickgroup.com

    APPENDIX

    Definitions

    Like-for-like growth is the revenue growth achieved by the Group excluding currency impact and scope effect, which corresponds to the revenue recorded during period “n” by all the companies included in the Group’s scope of consolidation at the end of period “n-1” (excluding any contribution from the companies acquired after the end of period “n-1”), compared with revenue achieved during period “n-1” by the same companies. Like-for-like growth for the first quarter of 2025 therefore excludes the contribution of Centronic and LR Tech, acquired by the Group in July 2024 and September 2024, respectively.

    Adjusted gross margin is equal to the difference between the selling price and the cost price of products and services (including notably employee benefits).

    Adjusted EBITDA is defined as operating profit, less (i) additions net of reversals to depreciation, amortization and impairment of non-current assets; (ii) non-recurring income and expenses as presented in the Group’s consolidated income statement within “Other income” and “Other expenses”, and (iii) the impact of items that do not reflect ordinary operating performance (in particular business reorganization and adaption costs, costs relating to acquisition and external growth transactions, as well as the IFRS 2 share-based payment expense).

    Cash conversion is calculated as follows: (adjusted EBITDA – capitalized research and development costs – capital expenditure) / adjusted EBITDA – capitalized research and development costs).

    Leverage ratio is calculated as net debt / adjusted EBITDA as defined in the Group’s Senior Credit Facilities Agreement entered into as part of the refinancing executed in the frame of the IPO.

    Forward-looking statements

    Certain information included in this press release are not historical facts but are forward-looking statements. These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding present and future business strategies and the environment in which Exosens operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to be materially different from the forward-looking statements included in this press release. These risks and uncertainties include those set out and detailed in Chapter 3 “Risk Factors” of the registration document approved on 22 May 2024 by the French financial markets’ authority (“Autorité des marchés financiers”) under number I. 24-010. Forward-looking statements speak only as of the date of this press release and the Group expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements included in this press release to reflect any change in expectations or any change in events, conditions or circumstances on which these forward-looking statements are based. Forward-looking information and statements are not guarantees of future performances and are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Group. Actual results could differ materially from those expressed in, or implied or projected by, forward-looking information and statements. This press release is provided for information purposes only. It does not constitute and should not be deemed to constitute an offer to the public of securities.

    1 Cash conversion is defined as (adjusted EBITDA – capitalized R&D – capex) / (adjusted EBITDA – capitalized R&D).
    2 Leverage ratio is defined as net financial debt / adjusted EBITDA.

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: expert reaction to study looking at ultra-processed food consumption and premature deaths

    Source: United Kingdom – Executive Government & Departments

    A study published in the American Journal of Preventive Medicine looks at ultra-processed foods (UPFs) and premature mortality. 

    Prof Nita Forouhi, Professor of Population Health and Nutrition, MRC Epidemiology Unit, University of Cambridge, said:

    “There are limitations to this paper, including the points the authors themselves raised.  Nonetheless, evidence on the ‘health harms of UPF’ are accumulating and this paper does add to that body of evidence, and UPFs are unlikely to be healthful.

    “We already know that correlation does not necessarily mean causation.  But well conducted observational studies with long term prospective cohort data are often the best we are going to get realistically; we will not get randomised controlled trials (RCTs) of behaviours awaiting death or chronic disease events, and RCTs have their own biases and limitations, particularly for behavioural factors (different to taking medication vs placebo studies).  So we should not ignore such findings, especially as the current research has reported consistently similar associations in several countries which increases the degree of confidence.

    “In addition to the 8 countries they included for their population attributable fraction (PAF) estimates (Australia, Brazil, Canada, Chile, Colombia, Mexico, UK, USA), it would have been useful if they had also included the countries that provided the results on associations of UPFs with mortality but were not included (e.g. France, Italy, Spain).”

    Prof Kevin McConway, Emeritus Professor of Applied Statistics, Open University, said:

    “I’d be pretty cautious about the details and specific numerical estimates in this paper, for reasons I’ll explain.  Also, some of the terminology in the paper and the press release appears, in my opinion, much more definite about what’s causing what than the evidence in the paper merits.  That’s partly because some of the technical wording, even though it’s standard in this kind of research, doesn’t mean quite the same as it means in ordinary English.

    “The problems of interpretation arise because the studies involved are observational, but they go further than that.  The researchers have to make mathematical assumptions about exactly how UPF consumption is correlated with mortality risk, and even though they base these assumptions on data, there is at least one issue (described later).  And in calculating what’s known as the attributable epidemiological burden, or population attributable fraction, of UPF consumptions, the researchers may appear to be making a simple comparison, but in fact it’s a lot more complicated than you might think.

    “The data that the paper draws on for its conclusions, about consumption of UPFs and mortality, is all observational.  The researchers are not reporting any new data here – they are taking data from previous studies, and population estimates for the countries concerned, and putting it all together.  Nothing at all wrong with that – in fact in general it’s a good idea to review studies of the same things from different times and places, to see what overall picture emerges.

    “The seven studies that the authors of this paper used, to find an overall pooled estimate of the association between UPF consumption and all-cause mortality, are all themselves observational.  Again there’s nothing wrong with that – it’s pretty difficult, indeed impossible in most cases, to do a study linking diet to long-term health outcomes that is not observational.  Such a study would have to allocate different individuals to different diets, and somehow ensure that they stuck to these diets for many years.  So instead, researchers record what people eat, and then follow them up for a long time and record if and when they die.

    “This all means that it’s impossible, for any one study like that, to be sure whether differences in mortality between people who consume different UPF amounts are actually caused by differences in their UPF consumption.  There are bound to be many other differences between groups who consume different UPF amounts, in terms of other details of their diet, their lifestyle, their economic position, their sex and age, and so on.  These differences might be, in part or in whole, the reason for the differences in the risk of early death.  In other words, each individual study can find a correlation, an association, but can’t say for sure whether the association between UPF consumption and mortality is one of cause and effect.  It might be, or it might not.

    “The researchers in each of the studies reviewed in this new paper obviously are aware of this, and they all made statistical adjustments to allow for differences in other factors (though in different ways in different studies).  But that doesn’t make the problem disappear – you still can’t be sure from any study of this kind exactly what’s causing what.

    “The fact that the new paper puts together data from seven different observational studies does again help somewhat with the issue of what’s causing what, but it can’t deal with it entirely.  There have been many criticisms of interpretation of observational studies involving UPFs and health outcomes, some of them on the basis that UPFs are defined in rather different ways by different writers, or on the grounds that the mechanisms by which UPFs might actually cause ill health haven’t been established clearly enough.

    “I’m certainly not saying that there is no association between UPF consumption and ill health – just that it’s still far from clear whether consumption of just any UPF at all is bad for health, or of what aspect of UPFs might be involved.

    “Then there are particular aspects of this new study that make the interpretation more complicated than it would be for other observational studies of UPFs and health.

    “The authors begin by estimating the nature of the association between the consumption of UPFs and the risk of premature death.  That is, they aren’t just trying to see whether high levels of UPF consumption are correlated with higher mortality.  They want to know something more precise – exactly how much does the risk of dying increase, for every additional 10 per cent of a person’s calorie intake that comes from UPFs.  (Again, no assumption here that the increase in risk is all caused by UPFs.)  That sounds fine, but it involves assuming a particular mathematical form for the association (in the light of the data).

    “After that, the authors use the estimate of that association between UPF consumption and risk of early death to calculate estimates of the population fraction of premature deaths (ages 30-69) attributable to UPF consumption, for 8 different countries including the UK.  They use that to calculate estimates of the number of additional deaths in each of the 8 countries attributable to UPF consumption, and some of those numbers look pretty large.

    “This is done by taking data on the number of people in different groups (defined by age and sex) in each country.  This is then used to calculate how many would be expected to die at current levels of UPF consumption (using data from the estimate of the association between UPF consumption and premature death in all the studies that were put together in the first part of the work, so not just for the UK for example).  Finally this is compared with the number that would be expected to die in a theoretical population where nobody consumes (or ever consumed) UPFs.  No such population exists, not in a whole country, so this calculation has to be based on a statistical model.  Then the deaths attributable to UPF consumption is the difference between these two expected numbers of deaths.

    “What this sounds like, for the UK in 2018-19 for example, is that there would have been almost 18,000 fewer deaths of people aged between 30 and 69, if nobody in the country had consumed any UPFs (ever). However, that’s very far from the whole story, for a lot of reasons.

    “First, it doesn’t mean that, because the studies involved are observational, and as the authors of the new paper rightly point out, there could be factors that could not be adjusted for in the original studies, that are involved in causes of early death.  That’s why it’s called a population attributable fraction, rather than something even more definite, like population fraction caused by UPFs.  Technically, it can’t mean that we know we could save those lives just by changing UPF consumption.

    “But it’s deeper than that.  There isn’t a whole population in the UK or in the other seven countries in the study, where nobody ever consumed any UPFs.  So the comparison is being made between an estimate for current UPF consumption levels and an estimate for a theoretical population that can’t exist.  Even if somehow all UPFs were banned today, it would take many decades before there was a population where nobody had ever consumed UPFs.

    “And even if somehow we did get to that position, well, people have to eat something, and if they aren’t getting their calories from UPFs, they would need to get them from something else.  They might well not get them all in the same way that people who consume very few UPFs do today.  We just can’t tell.

    “So it’s not the case that we could save 18,000 premature deaths annually in the UK by taking action to reduce UPF consumption.  This doesn’t mean that taking such actions wouldn’t reduce early deaths – just that we can’t tell how much the reduction might be, or when it would occur, or how much longer the individuals concerned might have lived – not from the calculations in this paper.

    “I have some other concerns.

    “Several of the authors of the new paper collaborated on a previous paper, published in 2023 (reference 17 in the new paper, which is the reference given for the model used in the new paper for estimates of attributable deaths).  The 2023 paper uses similar methodology to make an estimate of the premature deaths attributable to UPFs in Brazil in 2019.  This uses similar data on the association between UPF consumption and premature mortality, from a systematic review and meta-analysis, to what’s used in the new paper, except that there are three additional studies reviewed in the new paper.  The estimate is only for Brazil, and is 57,000 deaths in a year.  The estimate for Brazil in the new paper is just over 25,000 deaths in a year.

    “The big difference between the 2023 and the 2025 estimates for Brazil seems to be very largely because of a different assumption made in the two papers about the mathematical form of the association between UPF consumption and death risk.  (In the jargon, they use a log-linear model in the 2023 paper but a linear model in the 2025 paper.)  The new estimate is based on more data from more countries – but the big difference does emphasise the importance of mathematical modelling assumptions.  Data can throw light on what assumptions are appropriate, but don’t tie things down very firmly at all in a situation like this.

    “Finally, the systematic review and meta-analysis in the new paper is missing some of the technical details that one normally sees in this kind of work.  The paper is very unclear on how the researchers chose the studies they included in their review, which after all drives all the estimates of attributable deaths.  The authors write that studies were selected ‘on the basis of recently published systematic reviews’.  That’s not normally the way it’s done, and in any case three of the included studies were not mentioned in the systematic reviews that are referred to in the new paper.  I don’t know where the researchers got them.  They may well be perfectly respectable studies – I haven’t had time to look at them – but really the authors of the new paper should have been much clearer about what they were doing, if we are to be confident about their conclusions.  Also it’s usual in a systematic review to give some assessment of the quality of the research studies that were included, and that just isn’t done here.  None of this increases trust in how the work was done.”

    Dr Nerys Astbury, Associate Professor – Diet & Obesity, Nuffield Department of Primary Health Care Sciences, University of Oxford, said:

    “Here Nilson and colleagues report findings from a study reporting associations between consumption of Ultra Processed Foods (UPF), defined by the NOVA classification system, and premature mortality.

    “This study combines evidence on dietary intake of UPF from Columbia, Brazil, Australia, Canda, United Kingdom and USA and reports that for each 10% increase in proportion of UPF in the diet there was a 3% increase in all-cause mortality.  The authors then used a mathematical formula to estimate the population attributable fraction, which is an estimate of the number of deaths which could be prevented if the exposure (consumption of UPF) was eliminated.  It is important to note this does not mean that these deaths were caused by UPF consumption.  The methods of this study simply cannot determine this.

    “It’s been established for some time including in the Global Burden of Disease Consortium that consuming diets higher in energy, fat and sugar can have detrimental effects on health, including premature mortality.  This study adds to the body of evidence on the association between UPF and ill health and disease.  However, many UPF tend to be high in these nutrients, and studies to date have been unable to determine with certainty whether the effects of UPF are independent of the already established effects of diets high in foods which are energy dense and contain large amounts of fat and sugar.

    “The authors of the study conclude that advice to reduce UPF consumption should be included in national dietary guideline recommendations and in public policies.  However, rushing to add recommendations on UPF to these recommendations is not warranted based on this study in my opinion.  Many national dietary guidelines and recommendations already advise the reduction of consumption of energy dense high-fat high-sugar foods, which typically fall into the UPF group.  Adding additional recommendations based on UPF could cause consumer confusion – some foods may be considered unhealthy by nutrient standards, but not so by NOVA classification (and vice versa).

    “This study and other similar studies that have explored the association between UPF and diet related disease, have used the NOVA classification system invented by Dr Carlos Monteiro (an author on this paper).  In my view the NOVA system which defines foods according to different levels of food processing has many limitations, including arbitrary definitions and overly broad food categories, the over-emphasis of food ingredients opposed to the processing per se and the difficult practical application of the system in accurately classifying foods.  This is especially notable when attempting to classify foods from dietary data collected in large cohort studies, as in this study.

    “More research is needed to ascertain a causal link between UPF and disease and to establish the mechanisms involved.”

    Dr Stephen Burgess, statistician in the MRC Biostatistics Unit, University of Cambridge, said:

    “This study assesses observational associations rather than interventions, and so it is not able to make reliable causal claims.  That is to say, it shows that individuals who consume higher levels of ultraprocessed foods have greater risk of premature mortality, rather than showing that increasing your consumption of ultraprocessed foods would increase your mortality risk.  However, the similarity of findings across populations is notable, as consistent associations were seen in a variety of contexts, including those where high consumption of ultraprocessed foods is a sign of relative wealth and those where it is a sign of relative deprivation.  This type of research cannot prove that consumption of ultraprocessed foods is harmful, but it does provide evidence linking consumption with poorer health outcomes.  It is possible that the true causal risk factor is not ultraprocessed foods, but a related risk factor such as better physical fitness – and ultraprocessed foods is simply an innocent bystander.  But, when we see these associations replicated across many countries and cultures, it raises suspicion that ultraprocessed foods may be more than a bystander.”

    ‘Premature Mortality Attributable to Ultraprocessed Food Consumption in 8 Countries’ by Eduardo A.F. Nilson et al. was published in the American Journal of Preventive Medicine at 05:05 UK time on Monday 28 April 2025. 

    DOI: 10.1016/j.amepre.2025.02.018

    Declared interests

    Prof Nita Forouhi: “No conflicts of interest to declare.”

    Prof Kevin McConway: “Previously a Trustee of the SMC and a member of its Advisory Committee.”

    Dr Nerys Astbury: “No conflicts.”

    Dr Stephen Burgess: “No relevant conflict of interest to declare.”

    MIL OSI United Kingdom –

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for April 28, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on April 28, 2025.

    Reefs in the ‘middle’ light zone along NZ’s coast are biodiversity hotspots – many are home to protected species
    Source: The Conversation (Au and NZ) – By James J Bell, Professor of Marine Biology, Te Herenga Waka — Victoria University of Wellington James Bell, CC BY-SA The latest update on the state of New Zealand’s environment paints a concerning outlook for marine environments, especially amid the increasing push to use the marine estate for

    Pokies line the coffers of governments and venues – but there are ways to tame this gambling gorilla
    Source: The Conversation (Au and NZ) – By Charles Livingstone, Associate Professor, School of Public Health and Preventive Medicine, Monash University Recently, much public attention has been given to the way online wagering and its incessant promotion has infiltrated sport and our TV screens. Despite a 2023 parliamentary inquiry that recommended new restrictions on online

    Vancouver SUV attack exposes crowd management falldowns and casts a pall on Canada’s election
    Source: The Conversation (Au and NZ) – By Ali Asgary, Professor, Disaster & Emergency Management, Faculty of Liberal Arts & Professional Studies & Director, CIFAL York, York University, Canada A car attack at a Filipino street festival in Vancouver just two days before Canada’s federal election has killed at least 11 people and injured many

    Is Canada heading down a path that has caused the collapse of mighty civilizations in the past?
    Source: The Conversation (Au and NZ) – By Daniel Hoyer, Senior Researcher, Historian and Complexity Scientist, University of Toronto Canada is, by nearly any measure, a large, advanced, prosperous nation. A founding member of the G7, Canada is one of the world’s most “advanced economies,” ranking fourth in the Organization for Economic Co-operation and Development’s

    Rwanda’s genocide: why remembering needs to be free of politics – lessons from survivors
    Source: The Conversation (Au and NZ) – By Samantha Lakin, Lecturer, Clark University Memory and politics are inherently intertwined and can never be fully separated in post-atrocity and post-genocidal contexts. They are also dynamic and ever-changing. The interplay between memory and politics is, therefore, prone to manipulation, exaggeration or misuse by clever actors to meet

    In talking with Tehran, Trump is reversing course on Iran – could a new nuclear deal be next?
    Source: The Conversation (Au and NZ) – By Jeffrey Fields, Professor of the Practice of International Relations, USC Dornsife College of Letters, Arts and Sciences A mural on the outer walls of the former US embassy in Tehran depicts two men in negotiation. Majid Saeedi/Getty Images Negotiators from Iran and the United States are set

    ‘I were but little happy, if I could say how much’: Shakespeare’s insights on happiness have held up for more than 400 years
    Source: The Conversation (Au and NZ) – By Cora Fox, Associate Professor of English and Health Humanities, Arizona State University Joanna Vanderham as Desdemona and Hugh Quarshie as the title character in a Royal Shakespeare Company production of ‘Othello.’ Robbie Jack/Corbis via Getty Images What is “happiness” – and who gets to be happy? Since

    What will the UK Supreme Court gender ruling mean in practice? A legal expert explains
    Source: The Conversation (Au and NZ) – By Alexander Maine, Senior Lecturer in Law, City St George’s, University of London jeep2499/Shutterstock The Supreme Court’s decision in For Women Scotland Ltd v The Scottish Ministers will mean changes in how trans people in the UK access services and single-sex spaces. In the highly anticipated judgment announced

    What are ‘penjamins’? Disguised cannabis vapes are gaining popularity among young people
    Source: The Conversation (Au and NZ) – By Jack Chung, PhD Candidate, National Centre for Youth Substance Use Research, The University of Queensland Stenko Vlad/Shutterstock E-cigarettes or vapes were originally designed to deliver nicotine in a smokeless form. But in recent years, vapes have been used to deliver other psychoactive substances, including cannabis concentrates and

    Used EV batteries could power vehicles, houses or even towns – if their manufacturers share vital data
    Source: The Conversation (Au and NZ) – By Daryoush Habibi, Professor and Head, Centre for Green and Smart Energy Systems, Edith Cowan University EV batteries are made of hundreds of smaller cells. IM Imagery/Shutterstock Around the world, more and more electric vehicles are hitting the road. Last year, more than 17 million battery-electric and hybrid

    Climate change and the housing crisis are a dangerous mix. So which party is grappling with both?
    Source: The Conversation (Au and NZ) – By Ehsan Noroozinejad, Senior Researcher and Sustainable Future Lead, Urban Transformations Research Centre, Western Sydney University Australia is running out of affordable, safe places to live. Rents and mortgages are climbing faster than wages, and young people fear they may never own a home. At the same time,

    Why film and TV creators will still risk it all for the perfect long take shot
    Source: The Conversation (Au and NZ) – By Kristian Ramsden, PhD Candidate, University of Adelaide Apple TV In the second episode of Apple TV’s The Studio (2025–) – a sharp satirical take on contemporary Hollywood – newly-appointed studio head Matt Remick (Seth Rogen) visits the set of one of his company’s film productions. He finds

    Is there a best way to peel a boiled egg? A food scientist explains
    Source: The Conversation (Au and NZ) – By Paulomi (Polly) Burey, Professor in Food Science, University of Southern Queensland We’ve all been there – trying to peel a boiled egg, but mangling it beyond all recognition as the hard shell stubbornly sticks to the egg white. Worse, the egg ends up covered in chewy bits

    Australia once had ‘immigration amnesties’ to grant legal status to undocumented people. Could we again?
    Source: The Conversation (Au and NZ) – By Sara Dehm, Senior Lecturer, International Migration and Refugee Law, University of Technology Sydney The year is 1972. The Whitlam Labor government has just been swept into power and major changes to Australia’s immigration system are underway. Many people remember this time for the formal end of the

    Independents may build on Australia’s history of hung parliaments, if they can survive the campaign blues
    Source: The Conversation (Au and NZ) – By Joshua Black, Visitor, School of History, Australian National University Major parties used to easily dismiss the rare politician who stood alone in parliament. These MPs could be written off as isolated idealists, and the press could condescend to them as noble, naïve and unlikely to succeed. In

    Peter Dutton: a Liberal leader seeking to surf on the wave of outer suburbia
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra In searching for the “real” Peter Dutton, it is possible to end up frustrated because you have looked too hard. Politically, Dutton is not complicated. There is a consistent line in his beliefs through his career. Perhaps the shortest cut

    Albanese has been a ‘proficient and lucky general’. But if he wins a second term, we are right to demand more
    Source: The Conversation (Au and NZ) – By Paul Strangio, Emeritus Professor of Politics, Monash University Barring a rogue result, this Saturday Anthony Albanese will achieve what no major party leader has done since John Howard’s prime-ministerial era – win consecutive elections. Admittedly, in those two decades he is only the second of the six

    Peter Dutton declares Welcome to Country ceremonies are ‘overdone’ in heated final leaders’ debate
    Source: The Conversation (Au and NZ) – By Andy Marks, Vice-President, Public Affairs and Partnerships, Western Sydney University Prime Minister Anthony Albanese and Opposition Leader Peter Dutton have had their fourth and final leaders’ debate of the campaign. The skirmish, hosted by 7News in Sydney, was moderated by 7’s Political Editor Mark Riley. Cost of

    Election Diary: a cost-of-living election where neither leader can tell you the price of eggs
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The fourth election debate was the most idiosyncratic of the four head-to-head contests between Prime Minister Anthony Albanese and Opposition Leader Peter Dutton. Apart from all the usual topics, the pair was charged with producing one-word responses to pictures of

    Trump’s war on the media: 10 numbers from US President’s first 100 days
    Reporters Without Borders Donald Trump campaigned for the White House by unleashing a nearly endless barrage of insults against journalists and news outlets. He repeatedly threatened to weaponise the federal government against media professionals whom he considers his enemies. In his first 100 days in office, President Trump has already shown that he was not bluffing.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI New Zealand: Education – Success Tutoring expands globally with New Zealand centre launch

    Source: Success Tutoring

    The global tutoring revolution has arrived in New Zealand. Success Tutoring, Australia’s fastest growing and most innovative education and tutoring franchise, has officially opened its first centre in Papanui, Christchurch, marking the beginning of a bold global expansion into New Zealand, the United States, Canada, Singapore and the United Kingdom.
     
    “This is an incredibly exciting time for our company and for tutoring globally,” Success Tutoring founder and CEO, Michael Black said.
     
    “We have redefined how students learn in Australia and now we’re bringing that same energy and innovation to the world, starting right here in Christchurch.”
     
    Success Tutoring breaks away from the traditional one-size-fits-all tutoring model. Instead, it delivers a highly flexible, student-first approach, giving families unlimited access to personalised sessions through a subscription model that fits modern life.

    It’s more than academic support, it’s about building confidence, curiosity and a mindset for success.

    “Our students aren’t just lifting grades, they’re unlocking their potential,” Black said.

    “We’ve helped kids significantly improve their academic results, earn scholarships, get into selective schools and most importantly, feel proud of themselves again.”

    Results from across the Australian network in 2024 were outstanding with Success Tutoring seeing strong academic improvements in Math and English, scholarships and school-entry success for many students and the majority of students reported significant boosts in confidence and self-esteem.

    The Christchurch launch is being led by powerhouse pair Abhishek Gupta (Abhi) and Jalvanti Bhanderi (Jayvee), franchisees with a powerful combination of business smarts, education experience and passion for youth development.

    Gupta, with a master’s in economics and a background in banking, consulting and teaching, has spent years empowering learners. Bhanderi, who grew up in Nairobi and speaks four languages, brings a background in accounting, operations and people-focused leadership.

    “We’re not just running a tutoring centre, we’re creating a space where young people can grow, be inspired and realise what they’re capable of,” Gupta said.

    Bhanderi added that they have seen the gap, the average student who gets left behind. Success Tutoring is here in New Zealand to give all students the tools and support to soar.

    As the brand goes global, Success Tutoring is also offering a life-changing business opportunity for passionate tutors and entrepreneurs. With a turnkey system, national marketing and world-class support, the franchise model is designed to deliver exceptional results for students as well as franchise business owners.

    “The majority of Success Tutoring franchises are cashflow-positive from day one, deliver high profit margins and rapid growth potential and boast purpose-driven ownership backed by proven national systems,” Black said.

    “This is a business where your success is measurable in both income and impact. It’s a model that delivers for students, for families and for the people who run it.”

    With Christchurch opening and already accepting bookings, Success Tutoring is actively recruiting new franchisees across New Zealand, from Auckland to Queenstown, looking for people who want to change lives and build a business with heart.

    “We’re on a mission to empower the next generation and we’re calling on visionary leaders to join us,” Black said.

    “If you want to inspire, uplift and grow a business that matters, there’s never been a better time.”

    About Success Tutoring

    Founded by Michael Black in 2017, Success Tutoring is Australia’s fastest growing education centre with multiple locations and a further 150 cities planned worldwide by 2026. The company offers weekly tutoring sessions in English and Math for students aged five to 17, with a school readiness program for kids even younger, and selective school exam preparation tutoring also available. The Success Model not only empowers students to work at their own pace towards progress but also finds success in the social aspect of students coming together and working as a community of students to find motivation, inspiration and a lifelong love of learning.

    https://successtutoring.com.au/

    MIL OSI New Zealand News –

  • MIL-Evening Report: Vancouver SUV attack exposes crowd management falldowns and casts a pall on Canada’s election

    Source: The Conversation (Au and NZ) – By Ali Asgary, Professor, Disaster & Emergency Management, Faculty of Liberal Arts & Professional Studies & Director, CIFAL York, York University, Canada

    A car attack at a Filipino street festival in Vancouver just two days before Canada’s federal election has killed at least 11 people and injured many more.

    The carnage along a street lined with food trucks took place shortly after one of the men vying to become Canada’s prime minister — New Democratic Party Leader Jagmeet Singh — attended the event. A shell-shocked Singh observed a moment of silence in Penticton, B.C., during another campaign stop the next day.

    A 30-year-old Vancouver resident has been arrested, but the motivation behind the attack is unknown.

    Vancouver police say the suspect has mental health issues and was known to police prior to the attack. Police also told a news conference there was no indication there was a need for extra policing at the festival, deeming it to have a “low threat level.”

    What goes into making that calculation, and is a public event ever truly low-risk?

    Vancouver police hold a news conference on the SUV attack. (CTV News)

    Difficulties of crowd management

    The Vancouver SUV attack is now classified as a crowd-related or mass gathering type of disaster. There have been cases of public vehicle-ramming attacks in Canada in the past, in particular the 2018 Toronto van attack that left 10 people dead.

    While it’s not yet known whether the Vancouver attack was targeted, there were clearly weaknesses in crowd management for such a large gathering. These types of attacks have been on the increase over the past decade and are now considered one of the prime threats to mass gatherings in public spaces and streets.

    Unfortunately, many mass gathering events do not allocate either sufficient resources or time for crowd management procedures, particularly those related to risk and emergency management.

    Organizing mass gathering events in public spaces should factor in different threats, including the potential for car ramming, and implement effective mitigation and preparedness measures.

    ‘Soft targets’

    Many public spaces where these events take place are vulnerable to car attacks. Evidence shows that mass gatherings are soft targets, meaning they’re easily accessible to large numbers of people and have limited security, protective and warning measures in place. Extreme precautions are needed to protect the public from such attacks so that they don’t become mass casualty events.

    Those in attendance should be aware that public spaces generally lack physical barriers, or the proper distribution of them, to resist car or vehicle attacks.

    While public awareness programs exist for other hazards such as flooding, earthquakes and extreme weather events, it’s now clear that such awareness and education are needed for mass public gatherings too.

    Police should be aware that relying on limited surveillance may not be sufficient to identify such threats at the scene. Vehicle access and traffic control should be in place throughout such events. Lack of warning systems to quickly inform the crowd about an ongoing attack further increases the impacts of vehicular attacks.

    Much of the focus on these types of events has been on the motivations of the attackers. Since a considerable number of vehicle-ramming attacks have been attributed to terrorism, communities or events with the perception of lower terrorism threats may not pay close enough attention to this type of threat.



    Read more:
    Toronto’s most recent car attack was a targeted crime, not a mass attack

    Impact on the election?

    Canadians aren’t likely to get many more details about the Vancouver attack until after voting day on Monday. Could the tragedy have an impact on the outcome of the federal election?

    Past and recent studies have drawn different conclusions about the impact of disasters on election results.

    According to what’s known as retrospective voting theory, voters judge governments on how they manage disasters, particularly highly publicized, tragic events, when casting their ballots. Voters can evaluate governments based on their handling of the disaster and the amount of effort they have put into minimizing risk.

    Some studies have found that local governments were rewarded after disaster events, including Calgary after the 2013 floods, several Italian municipal governments after earthquakes, local government officials in Brazil amid municipal drought declarations and civic elections in Japan after earthquakes, tsunamis and floods.



    Read more:
    Why Canada needs to dramatically update how it prepares for and manages emergencies

    Voters can and do punish or reward governments and elected politicians based on the effects of recent disasters on them and governments’ responses to them.

    But given how soon the Canadian election is being held after the disaster occurred — and the record number of voters who have already cast their ballots in advance polls — this tragedy isn’t likely to have a substantial impact.

    Hopefully, however, it will have an influence on how organizers, police and other authorities manage public crowds and events at a time when vehicle-ramming attacks are becoming a recurrent threat. Those elected this election should prioritize efforts to ensure communities can have safer mass gathering events.

    Ali Asgary does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Vancouver SUV attack exposes crowd management falldowns and casts a pall on Canada’s election – https://theconversation.com/vancouver-suv-attack-exposes-crowd-management-falldowns-and-casts-a-pall-on-canadas-election-255395

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Global: Vancouver SUV attack exposes crowd management falldowns and casts a pall on Canada’s election

    Source: The Conversation – Canada – By Ali Asgary, Professor, Disaster & Emergency Management, Faculty of Liberal Arts & Professional Studies & Director, CIFAL York, York University, Canada

    A car attack at a Filipino street festival in Vancouver just two days before Canada’s federal election has killed at least 11 people and injured many more.

    The carnage along a street lined with food trucks took place shortly after one of the men vying to become Canada’s prime minister — New Democratic Party Leader Jagmeet Singh — attended the event. A shell-shocked Singh observed a moment of silence in Penticton, B.C., during another campaign stop the next day.

    A 30-year-old Vancouver resident has been arrested, but the motivation behind the attack is unknown.

    Vancouver police say the suspect has mental health issues and was known to police prior to the attack. Police also told a news conference there was no indication there was a need for extra policing at the festival, deeming it to have a “low threat level.”

    What goes into making that calculation, and is a public event ever truly low-risk?

    Vancouver police hold a news conference on the SUV attack. (CTV News)

    Difficulties of crowd management

    The Vancouver SUV attack is now classified as a crowd-related or mass gathering type of disaster. There have been cases of public vehicle-ramming attacks in Canada in the past, in particular the 2018 Toronto van attack that left 10 people dead.

    While it’s not yet known whether the Vancouver attack was targeted, there were clearly weaknesses in crowd management for such a large gathering. These types of attacks have been on the increase over the past decade and are now considered one of the prime threats to mass gatherings in public spaces and streets.

    Unfortunately, many mass gathering events do not allocate either sufficient resources or time for crowd management procedures, particularly those related to risk and emergency management.

    Organizing mass gathering events in public spaces should factor in different threats, including the potential for car ramming, and implement effective mitigation and preparedness measures.

    ‘Soft targets’

    Many public spaces where these events take place are vulnerable to car attacks. Evidence shows that mass gatherings are soft targets, meaning they’re easily accessible to large numbers of people and have limited security, protective and warning measures in place. Extreme precautions are needed to protect the public from such attacks so that they don’t become mass casualty events.

    Those in attendance should be aware that public spaces generally lack physical barriers, or the proper distribution of them, to resist car or vehicle attacks.

    While public awareness programs exist for other hazards such as flooding, earthquakes and extreme weather events, it’s now clear that such awareness and education are needed for mass public gatherings too.

    Police should be aware that relying on limited surveillance may not be sufficient to identify such threats at the scene. Vehicle access and traffic control should be in place throughout such events. Lack of warning systems to quickly inform the crowd about an ongoing attack further increases the impacts of vehicular attacks.

    Much of the focus on these types of events has been on the motivations of the attackers. Since a considerable number of vehicle-ramming attacks have been attributed to terrorism, communities or events with the perception of lower terrorism threats may not pay close enough attention to this type of threat.



    Read more:
    Toronto’s most recent car attack was a targeted crime, not a mass attack

    Impact on the election?

    Canadians aren’t likely to get many more details about the Vancouver attack until after voting day on Monday. Could the tragedy have an impact on the outcome of the federal election?

    Past and recent studies have drawn different conclusions about the impact of disasters on election results.

    According to what’s known as retrospective voting theory, voters judge governments on how they manage disasters, particularly highly publicized, tragic events, when casting their ballots. Voters can evaluate governments based on their handling of the disaster and the amount of effort they have put into minimizing risk.

    Some studies have found that local governments were rewarded after disaster events, including Calgary after the 2013 floods, several Italian municipal governments after earthquakes, local government officials in Brazil amid municipal drought declarations and civic elections in Japan after earthquakes, tsunamis and floods.



    Read more:
    Why Canada needs to dramatically update how it prepares for and manages emergencies

    Voters can and do punish or reward governments and elected politicians based on the effects of recent disasters on them and governments’ responses to them.

    But given how soon the Canadian election is being held after the disaster occurred — and the record number of voters who have already cast their ballots in advance polls — this tragedy isn’t likely to have a substantial impact.

    Hopefully, however, it will have an influence on how organizers, police and other authorities manage public crowds and events at a time when vehicle-ramming attacks are becoming a recurrent threat. Those elected this election should prioritize efforts to ensure communities can have safer mass gathering events.

    Ali Asgary does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Vancouver SUV attack exposes crowd management falldowns and casts a pall on Canada’s election – https://theconversation.com/vancouver-suv-attack-exposes-crowd-management-falldowns-and-casts-a-pall-on-canadas-election-255395

    MIL OSI – Global Reports –