Category: Canada

  • MIL-OSI Security: Moncton  — Have you seen this wanted man?

    Source: Royal Canadian Mounted Police

    The Codiac Regional RCMP is asking for the public’s help to locate 29-year-old Riley Smith who is currently wanted on a warrant of arrest for robbery.

    On October 6, 2024, at approximately 7 p.m., The Codiac Regional RCMP responded to a two-vehicle collision near the junction of Hwy 2 and Hwy 15, in Moncton, N.B.

    The driver of one of the vehicles fled the scene after brandishing a firearm towards police, and forcefully stole another vehicle from a bystander at a nearby business. Police attempted to locate Riley Smith, but he fled the area. The vehicle was later recovered in the Harrisville Boulevard area.

    29-year-old Riley Smith is described as being approximately five feet six inches (168 centimeters) tall, and weighing approximately 170 pounds (77 kilograms). He has hazel eyes and brown hair.

    Riley Smith is known to police and is considered armed and dangerous. He should not be approached by members of the public.

    If you see Riley Smith, call 911 immediately. Anyone with information on his whereabouts is asked to contact the Codiac Regional RCMP at 506-857-2400. Information can also be provided anonymously through Crime Stoppers by calling 1-800-222-TIPS (8477), by downloading the secure P3 Mobile App, or by Secure Web Tips at http://www.crimenb.ca.

    MIL Security OSI

  • MIL-OSI Security: Meisners Section — RCMP investigates ATV crash in Meisners Section

    Source: Royal Canadian Mounted Police

    Lunenburg District RCMP is investigating a serious injury ATV crash that occurred in Meisners Section.

    On October 7, at approximately 8:15 p.m., Lunenburg District RCMP, fire services, and EHS responded to a report of a side-by-side crash on a trail in Meisners Section. RCMP officers learned that the off highway vehicle lost control and rolled.

    The driver, a 27-year-old New Germany woman, suffered life-threatening injuries and was transported to hospital.

    The two passengers, a 37-year-old man from Springfield, and a child both suffered non-life-threatening injuries and were also transported to hospital by EHS.

    The investigation remains ongoing.

    MIL Security OSI

  • MIL-OSI Canada: Consumer Alert: Regal Property Developments Ltd., Regal Properties De Mexico S. de RL De CV Also Known As Caban Condos Are Not Registered To Trade In Real Estate In Saskatchewan

    Source: Government of Canada regional news

    Released on October 8, 2024

    The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) warns consumers about the companies, Regal Property Developments Ltd., Regal Properties De Mexico S. de RL de CV, and Caban Condos (the group of companies are collectively referred to herein as “Caban Condos”). 

    Michael (Mike) Delaire, on behalf of Caban Condos, claims to be constructing condominium units located in Mexico and offering them for sale to Saskatchewan residents. 

    Neither Mike Delaire nor the Caban Condos companies are registered in Saskatchewan to trade in real estate.  

    If you have any relevant information about the activities of Caban Condos or its representative, Mike Delaire, or if you have signed a contract and/or paid a deposit with Caban Condos, please contact the FCAA Insurance and Real Estate Division at 306-787-6700 as your information may assist with our investigation.

    Tips to protect yourself when considering purchasing real estate located outside Saskatchewan:

    • Verify that the person or business is registered in Saskatchewan to trade in real estate. To check registration, visit the SREC website at https://srec.ca/. 
    • Check the Better Business Bureau website for reviews and ratings at https://www.bbb.org/.
    • Carefully read the contract and ask questions if you do not understand the terms and conditions.
    • Obtain independent legal advice to conduct due diligence and minimize your risks. 
    • To reduce the risk of loss, keep your deposit to a minimum.
    • If possible, make a site visit to monitor construction progress.

    For more information about trading in real estate in Saskatchewan, visit: 

    https://fcaa.gov.sk.ca/consumers-investors-pension-plan-members/consumers/hiring-real-estate-agents-and-property-managers. 

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI Security: Joint Force Command Norfolk, U.S. Second Fleet Join 2024 Tri-Party in Halifax Focuses on Arctic Defense and Homeland Security

    Source: United States Navy (Fleet Command)

    08 October 2024

    NORFOLK, Va. – Vice Adm. Doug Perry, Commander, U.S. 2nd Fleet (C2F) and Joint Force Command Norfolk, joins leaders from the U.S. Coast Guard Atlantic Area and Canadian Joint Task Force Atlantic in Halifax, Nova Scotia, for the 2024 Tri-Party Staff Talks.

    The Tri-Party Staff Talks, established in 2015, bring together key maritime forces to enhance collaboration and ensure interoperability between U.S. and Canadian forces. The discussions center on joint operations, intelligence sharing, and defense strategy, particularly in the North Atlantic and Arctic.

    As Second Fleet leads naval operations in the western Atlantic, Perry’s dual role with NATO adds further significance to the talks, underscoring the need for seamless coordination among Allied forces.

    “Our mission is clear, to safeguard the Atlantic and Arctic, maintain maritime security, and ensure free and open access to international waters,” said Perry. “These talks enhance our joint capabilities as we confront emerging challenges, including the protection of undersea infrastructure and rising competition in the Arctic.”

    This year’s talks will address several pressing issues. A primary focus is the growing importance of Arctic operations, as the region has increased activity. The Tri-Party will evaluate strategies for improving Arctic domain awareness, enhancing cold-weather capabilities, and refining joint responses to potential security threats.

    The 2024 Tri-Party staff talks also provide an opportunity to review joint exercises held earlier this year. Operation Nanook (OP NANOOK) 2024, conducted from August 15-27, brought together the U.S. Navy, U.S. Coast Guard, Royal Canadian Navy, and Royal Danish Navy for exercise operations in the Arctic waters near Nuuk, Greenland. These exercises included maritime interdiction training, gunnery drills, and search-and-rescue simulations that tested the forces’ ability to operate in harsh Arctic conditions.

    “Operation Nanook proved that our joint forces are ready to meet the challenges of the Arctic environment,” said Perry. “It also strengthened our collaboration with Canada and other NATO partners. Second Fleet is a premier fighting force, and we will continue to demonstrate this to the world. We are adaptable, flexible and above all, ready to fight.”

    Additionally, Tri-Party members conducted Frontier Sentinel 2024 in June; a tabletop exercise focused on refining operational procedures for defending undersea infrastructure. These exercises highlight the need for enhanced communication and operational alignment among the Tri-Party forces.

    Royal Canadian Rear Adm. David Patchell, Vice Commander, U.S. 2nd Fleet, emphasized the growing strategic importance of the Arctic.

    “The arctic environment is dynamic, its maritime terrain changes every day, and it is essential that we prioritize Northern operations” said Patchell. “The ability for the Tri Party forces to operate together in this environment is essential to maintaining stability in the region. This year’s talks are focused on understanding our shared challenges and optimizing our joint training to ensure we’re ready for future challenges.”

    Perry noted the DoD’s 2024 Arctic Strategy has provided a framework for the Tri-Party partnership to further strengthen Arctic defense amongst the everchanging Arctic landscape.

    The 2024 Tri-Party staff talks reaffirm the enduring partnership between U.S. and Canadian maritime forces and their commitment to maintaining peace, security, and freedom of navigation in the Atlantic and Arctic. With joint exercises, enhanced interoperability, and shared strategic planning, the Tri-Party partnership remains prepared to protect North American interests and address future security challenges.

    For more information, please contact Lt. Cmdr. Katherine Blue, U.S. Coast Guard Atlantic Area Public Affairs, at 757-398-6608; Cmdr. Joe Hontz, U.S. 2nd Fleet Public Affairs, at 757-836-3605; or Lt. Cmdr. Len Hickey, Joint Task Force-Atlantic Public Affairs, at 902-427-0375.

    MIL Security OSI

  • MIL-OSI Global: Trad wives hearken back to an imagined past of white Christian womanhood

    Source: The Conversation – Canada – By Brandi Estey-Burtt, Fellow with the Centre for Interdisciplinary Research on Narrative; part-time lecturer in English Literature, St. Thomas University (Canada)

    As with many social media trends, trad wives have sparked debate and criticism about their content and who it is meant for. (Flickr/SportSuburban), CC BY

    If you’ve been on TikTok or Instagram recently, you’ve likely come across trad wives. The trend features videos of young women influencers showcasing their domestic lives as trad or “traditional” wives.

    The clips see them performing domestic activities that have traditionally been seen as the role of wives and mothers: taking care of the home, raising children, baking from scratch and even homesteading.

    As with many social media trends, #tradwife has sparked debate and criticism about the content and who it is meant for. There have been attempts to chart the origins and history of the trad wives, their nostalgia for the past and their highly estheticized content.

    There are connections to “momfluencers,” the “girl bosses” of the early 2010s and a general backlash against capitalism and the demands for feminized labour. However, there is an equally strong link to fundamentalist Christianity and concerns about white womanhood.

    As scrutiny grows, especially given the uproar caused by the recent profile of trad wife Hannah Neeleman, also known as Ballerina Farm, one other connection bears consideration: Christian romance fiction.

    Many of the characters of this genre of fiction display key qualities of trad wives.

    In recent decades, Christian evangelicals have used cultural tools such as fiction and now social media to romanticize the lifestyle of white, westernized femininity. The stories often contain an emphasis on restricted public and domestic roles for women based on narrow ideas of biblical womanhood. In this way, such characters can be viewed as cultural predecessors to the trad wives.

    Christian romance and purity

    Mostly marketed to women, the genre gained ground with the publication of Canadian author Janette Oke’s first historical romance novel in 1979. The market for such fiction rapidly expanded, and the genre developed as consumer appetite grew. For example, Amish and Mennonite sub-genres have become very popular since American novelist Beverly Lewis began publishing in the late 1990s.

    Though the genre of Christian romance fiction (or inspiration fiction as it is sometimes called) spans many different sub-genres and historical periods, it contains repeated themes about personal faith, sexual purity and heterosexual marriage. These themes encode gender and racial overtones within stories that focus predominantly on white women characters.

    The sexual norms of these stories are not surprising, given longstanding Christian evangelical interest in how religious and sexual purity are meshed together.

    Purity culture sets out highly prescriptive notions of sex, sexuality and gender roles. Scholars of religion such as Sara Moslener tie these norms directly to white Christian nationalist ideas of femininity. Religious notions of sexual purity become linked to racial purity through a concern for maintaining the integrity of the body of the white woman as well as the body of the nation against the threat of racialized others.

    It’s no surprise that both Christian romance fiction and trad wives are overwhelmingly white, and that a number of trad wives have been documented as possessing links to the far right.

    Romanticizing a mythical past

    Theology professor Emily McGowin has noted how the “tradwife trend looks to a mythic past where everyone knew their role.” Writer Kathryn Jezer-Morton points out that trad wives uphold a romanticized notion of the past that is actually a fantasy. They often wear outfits that look like they are from the 1950s or a previous colonial era, and there is no clear definition of what the “trad wife” label is.

    What and whose tradition are these fantasies representing? Certainly not all women, including many racialized and poor women who have never had the option of staying home. This nostalgic re-imagining of a very complex past whitewashes history and ignores how women had few legal or reproductive rights over their own bodies, finances or domestic lives.

    So, too, have Christian romances fantasized about different historical moments, often in American history. There is a decidedly white Christian supremacist undertone to many of these stories. They often reiterate the goodness of westward expansionism in North America and erase (or use as a plot device) the physical and cultural genocide of Indigenous peoples across the continent. This is also true of Oke’s work, which features “pioneer” (settler) narratives and romanticizes the RCMP, a problem that continues in television adaptations of her books.

    The Amish and Mennonite sub-genre further romanticizes what non-Amish and non-Mennonite authors portray as pre-modern (or even anti-modern) lifestyles. In these novels, there is little technology, an emphasis on agrarianism and homesteading, and hardly any physical contact among potential couples.

    As one reviewer who grew up Amish puts it, at times it feels like romance writers and readers “superimpose their values on the Amish.” In other words, many Christian romance novels offer feel-good fantasies about an imagined past. This fantasy has little basis in how women — especially women of colour and Indigenous women — experienced those historical periods.

    Like the social media accounts of trad wives, the sub-genre focuses on the aesthetics of a lifestyle rather than the very real legal, domestic, financial and racial implications of that life for women.

    Marketing romance — and tradition

    Romance fiction is often mocked as not being “serious” literature, but romance writers or readers are not necessarily passive or ignorant. Readers consume romances for a vast array of complex reasons, their faith or their relationships to romantic partners being only part of the mix.

    However, the Christian romance genre is a publishing and marketing phenomenon, one that has sold millions upon millions of copies across North America alone. These romance novels are sold not just in niche Christian bookstores but in big box stores — even grocery store check-outs.

    As Historian Daniel Silliman notes, the romance fiction genre was part of a larger Christian publishing boom that began in the 1950s in the United States. Fiction became an integral part of evangelical identity and an imagined community. It also played a crucial role in how evangelicals engaged with broader theological, cultural and political currents, though scholars question whether fiction shaped or reflected this engagement.

    Their concerns about cultural change — be it sexual, demographic, or otherwise — influence their fiction. Literature and religion professor Christopher Douglas makes the crucial point that evangelical Christians don’t just “get their knowledge primarily through fact sheets or decontextualized data, but rather through the power of narrative.”

    Christian romance fiction may not have caused the current iteration of trad wives, but its highly visible place in popular culture deserves greater scrutiny. These romance stories have contributed to ideas of westernized femininity that are notably white and decidedly constraining. They also provide romanticized visions of the past that lay a fictional groundwork for the appeal, and wide acceptance, that trad wives now enjoy on social media.

    Brandi Estey-Burtt 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. Trad wives hearken back to an imagined past of white Christian womanhood – https://theconversation.com/trad-wives-hearken-back-to-an-imagined-past-of-white-christian-womanhood-239999

    MIL OSI – Global Reports

  • MIL-OSI Canada: Company fined for workplace fatality

    Source: Government of Canada regional news

    HTK Iron Works Ltd. pleaded guilty to one count under the Occupational Health and Safety (OHS) Act for failing to ensure the health and safety of a worker. The company was sentenced on Oct. 2 in the Medicine Hat Court of Justice. The Crown withdrew four other charges under OHS legislation.

    The charges stem from an incident at a metal fabrication shop near Burdett on Feb. 1, 2023. A worker died after being struck by a fabricated windbreak panel that fell from a moving forklift.

    HTK Iron Works Ltd. has been fined $360,000 inclusive of the 20 per cent victim fine surcharge.

    Both the company and the Crown have up to 30 days to appeal the conviction or penalties.

    Alberta’s OHS laws set basic health and safety rules for workplaces across the province. They provide guidance for employers to help them ensure their workplaces are as healthy and safe as possible while providing rights and protections for workers. Charges under OHS laws may be laid when failing to follow the rules results in a workplace fatality or serious injury.

    Quick facts

    • Jobs, Economy and Trade does not provide sentence documents. These are available through the Medicine Hat Court of Justice.

    Related information

    • Convictions under OHS legislation
    • Charges under OHS legislation
    • OHS incident investigations

    MIL OSI Canada News

  • MIL-OSI Canada: Governments investing in initiatives to attract and retain agri-food labour

    Source: Government of Canada News (2)

    The governments of Canada and Ontario are creating the Labour Force Management Strategies Initiative to attract and retain Ontario agri-food workers. Funded through the Sustainable Canadian Agricultural Partnership (Sustainable CAP), this $4 million investment will strengthen Ontario’s agri-food workforce for years to come.

    $4 million in funding will support innovative strategies for recruiting and retaining skilled agri-food workers

    October 8, 2024 – Toronto, Ontario  –  Agriculture and Agri-Food Canada

    The governments of Canada and Ontario are creating the Labour Force Management Strategies Initiative to attract and retain Ontario agri-food workers. Funded through the Sustainable Canadian Agricultural Partnership (Sustainable CAP), this $4 million investment will strengthen Ontario’s agri-food workforce for years to come.

    The initiative will help fund job training and new recruitment marketing campaigns, introduce new worker supports such as ridesharing programs and language training and support the planning of on-site amenities and recreational facilities.

    Successful producers and processors can receive up to 50% in cost-share support per project, up to a maximum of $40,000. Eligible industry organizations and collaborations between or among businesses can receive up to 50% of their eligible costs, up to a maximum of $100,000 per project. The Initiative will start accepting applications from eligible primary producers, processors and industry organizations on October 22, 2024. Applications will be accepted no later than September 2, 2025.

    The initiative builds on the Canadian Agricultural Partnership–funded Ontario Agri-Careers Support Initiative (OACSI) to address agri-food labour challenges. It also supports the Grow Ontario Strategy goals of increasing total agri-food sector employment by 10% by 2032 and making Ontario the destination of choice for International Agri-Food Workers (IAWs).

    The Sustainable CAP is a 5-year (2023-2028), $3.5-billion investment by federal, provincial and territorial governments to strengthen competitiveness, innovation, and resiliency of Canada’s agriculture, agri‐food and agri‐based products sector. This includes $1 billion in federal programs and activities and a $2.5 billion commitment that is cost-shared 60% federally and 40% provincially/territorially for programs designed and delivered by the provinces and territories.

    Annie Cullinan
    Director of Communications
    Office of the Minister of Agriculture and Agri-Food
    annie.cullinan@agr.gc.ca

    MIL OSI Canada News

  • MIL-OSI Canada: Government of Canada launches Indigenous Fisheries Monitoring Fund

    Source: Government of Canada News (2)

    Fisheries and Oceans Canada (DFO) recognizes that fisheries, oceans, aquatic habitat and marine waterways are of great social, cultural, spiritual and economic importance to many Indigenous peoples. Working with Indigenous peoples as they increase their capacity to monitor fisheries is key to providing dependable, timely, and accessible information for sustainable fisheries management.

    October 8, 2024

    Ottawa, Ontario – Fisheries and Oceans Canada (DFO) recognizes that fisheries, oceans, aquatic habitat and marine waterways are of great social, cultural, spiritual and economic importance to many Indigenous peoples. Working with Indigenous peoples as they increase their capacity to monitor fisheries is key to providing dependable, timely, and accessible information for sustainable fisheries management.

    Today, the Honourable Diane Lebouthillier, Minister of Fisheries, Oceans and the Canadian Coast Guard, announced the launch of the $5-million Indigenous Fisheries Monitoring Fund. This funding supports Indigenous groups as they increase fisheries monitoring and catch reporting activities, which is crucial for maintaining sustainable fisheries. Fishery monitoring provides accurate information on fishing activities, such as how many fish are caught from each stock, and how many bycatch species are caught during a fishery.
     

    Eligible Indigenous groups can now submit their written proposal to DFO. Information on eligibility, how to apply and an application form can be found on DFO’s Indigenous Fisheries Monitoring Fund webpage. The fund is open to applications until December 31, 2028.

    This funding will promote the sharing of best practices and fishery monitoring data, to better inform decision-making for sustainable fisheries and demonstrate collaborative management of federally regulated fish stocks and populations across Canada.

    MIL OSI Canada News

  • MIL-OSI Canada: Government of Canada invests in Giatec® Scientific Inc. and its AI-driven concrete demonstration plant

    Source: Government of Canada News (2)

    News release

    This investment in Giatec Scientific Inc. will create an estimated 160 well-paying jobs and help reduce the Canadian carbon footprint for concrete

    October 8, 2024 – Ottawa, Ontario

    The federal government is committed to a carbon-neutral future and has set the ambitious target of achieving a net-zero economy by 2050 while creating good-paying jobs. As part of that commitment, we are supporting the transition to clean technology innovations that will help Canadian businesses reduce carbon emissions and lessen their impact on the environment.

    Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, is pleased to announce a $17.5 million investment in Giatec Scientific Inc. This investment will support the company’s $65.8 million project to develop sensor technologies using artificial intelligence (AI) to optimize concrete mixtures, resulting in a reduced carbon footprint, while improving the quality of building materials used for Canadian infrastructure.

    With this investment, Giatec Scientific Inc. will develop a smart concrete demonstration plant, which will operate using its new SmartMix™ technological innovation, for companies and universities to advance innovation in the construction ecosystem. This plant will be based in Ottawa is estimated to create 160 good-paying jobs.

    Canada is a global leader in tackling climate change, and this announcement will not only help Giatec Scientific Inc. lower its own greenhouse gas emissions but also provide an opportunity for all industry stakeholders in Canada to do the same. 

    Quotes

    “Our government is committed to a net-zero future for Canada, and this project is precisely the investment we need. By leveraging technological innovation to reduce greenhouse gas emissions and improving building materials quality, we can drive efficiencies that lower construction costs, making projects more affordable and profitable for our construction industry. It is a win for our planet, our infrastructure and our industry.”
    – The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

    “Securing the Strategic Innovation Fund funding is a significant step forward for Giatec as we embark on our three-year, $65.8 million research and development project to build the world’s first AI-enabled digital platform for the concrete industry. This groundbreaking platform will deliver tremendous value to various stakeholders across the industry, including cement, aggregate and admixture producers, ready-mix suppliers, construction companies and infrastructure owners. Our vision is to revolutionize the concrete industry and help build more sustainable, efficient and durable infrastructure, while positioning Canada as a global leader in clean, innovative technologies.”
    – Pouria Ghods, CEO and Co-founder of Giatec Scientific Inc.

    Quick facts

    • The Strategic Innovation Fund (SIF) provides major investments in innovative projects that will help grow Canada’s economy for the benefit of all Canadians. SIF covers all sectors of the economy and is available to for-profit and not-for-profit organizations, with the goal of supporting the Canadian innovation network.

    • Giatec Scientific Inc. was founded in 2011 with a mission to bring disruptive, knowledge-based and sustainable technologies to the concrete industry. Its products allow concrete producers, contractors and business owners to increase the profitability of their projects by improving efficiencies, while reducing the environmental impact of the concrete industry.

    • SmartMix™ platform is an innovation that will allow Giatec Scientific Inc. to design cost-optimized concrete mixes. The project will lead to the development, deployment and commercialization of sensory/software technologies that can be used to monitor concrete throughout its life cycle, from variabilities in raw material to in-transit properties to characteristics of the completed concrete over its lifetime.

    • The technology developed through this project will contribute to reducing the greenhouse gas emissions of concrete manufacturing by up to 20% by optimizing concrete mixtures to use less cement.

    • Through the Roadmap to Net-Zero Carbon Concrete by 2050, the Government of Canada, in partnership with the Canadian cement and concrete industry, has charted the course to a net-zero carbon cement and concrete industry by 2050, committing to reduce more than 15 megatonnes (Mt) of greenhouse gas emissions cumulatively by 2030, and more than 4 Mt annually thereafter.

    Associated links

    Contacts

    Audrey Milette
    Press Secretary
    Office of the Minister of Innovation, Science and Industry
    audrey.milette@ised-isde.gc.ca

    Media Relations
    Innovation, Science and Economic Development Canada
    media@ised-isde.gc.ca

    Stay connected

    Find more services and information on the Innovation, Science and Economic Development Canada website.

    Follow Innovation, Science and Economic Development Canada on social media.
    X (Twitter): @ISED_CA | Facebook: Canadian Innovation | Instagram: @cdninnovation | LinkedIn: Innovation, Science and Economic Development Canada

    MIL OSI Canada News

  • MIL-OSI: Pieridae Announces Closing of Equity Rights Offering

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
    DISSEMINATION IN UNITED STATES

    CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) is pleased to announce the successful completion of its previously announced equity rights offering (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) of record at the close of business on September 9, 2024. The Rights Offering expired at 3:00 p.m. MDT on October 2, 2024, with the rights trading on the Toronto Stock Exchange (“TSX”) under the symbol “PEA.RT” and having been de-listed on that date.

    At closing, Pieridae issued an aggregate of 118,476,306 Common Shares pursuant to the Rights Offering and the Standby Commitment (as described below) at a price of $0.2448 per Common Share (the “Subscription Price”) for aggregate gross proceeds of approximately $29 million. Following closing, Pieridae has 290,387,642 Common Shares issued and outstanding.

    The Rights Offering resulted in 37,818,913 Common Shares issued pursuant to the exercise of rights under the basic subscription privilege and 61,251,034 Common Shares issued under the additional subscription privilege, for a total of 99,069,947 Common Shares issued to shareholders pursuant to the Rights Offering.

    As previously announced, in connection with the Rights Offering, the Company entered into a standby purchase agreement (the “Standby Purchase Agreement”) with Alberta Investment Management Corporation (“AIMCo”), an existing shareholder of Pieridae, pursuant to which AIMCo agreed to fully exercise its basic subscription privilege under the Rights Offering and to purchase up to an additional 77,625,434 Common Shares not otherwise subscribed for under the Rights Offering (the “Standby Commitment”). In addition to fully exercising its basic subscription privilege for 24,498,749 Common Shares and its additional subscription privilege for 58,219,075 Common Shares, AIMCo acquired 19,406,359 Common Shares pursuant to the Standby Commitment. Following closing of the Rights Offering, AIMCo owns approximately 47% of Pieridae’s issued and outstanding Common Shares. Shareholder approval was not required in respect of AIMCo becoming a control person of Pieridae because it acquired Common Shares in accordance with the rights offering exemption under Section 2.1 of National Instrument 45-106 – Prospectus Exemptions, and because the Subscription Price was at a “significant discount” to the closing price of the Common Shares on the TSX on August 26, 2024, being the last trading day prior to the announcement of the Rights Offering.

    To the knowledge of the Company after reasonable inquiry, insiders of Pieridae, including AIMCo, acquired 25,900,176 Common Shares under the basic subscription privilege and 59,879,790 Common Shares under the additional subscription privilege. To the knowledge of the Company after reasonable inquiry, no person that was not an insider of the Company before the Rights Offering became an insider as a result of the Rights Offering.

    Pieridae intends to use the aggregate net proceeds from the Rights Offering and Standby Commitment to repay indebtedness, for working capital and general corporate purposes, and to fund certain value-accretive optimization projects.

    “We are very pleased with the results of the Rights Offering and the Standby Commitment, which resulted in approximately $29 million equity proceeds for the Company. This is a strong endorsement by participating Pieridae shareholders in favour of our E&P and midstream strategy”, commented Darcy Reding, the Company’s President and Chief Executive Officer.

    Pursuant to the terms of the Standby Purchase Agreement, Pieridae has also entered into an investor rights agreement (the “Investor Rights Agreement”) and a registration rights agreement (the “Registration Rights Agreement”) with AIMCo, each effective as of the date hereof. Copies of the Investor Rights Agreement and Registration Rights Agreement will be made available under Pieridae’s profile on SEDAR+ at http://www.sedarplus.ca.

    Details of the Rights Offering and the Standby Commitment are set out in Pieridae’s Rights Offering notice and Rights Offering circular (the “Circular”), which are available under Pieridae’s profile on SEDAR+ at http://www.sedarplus.ca.

    There are no selling fees or commissions payable in connection with the Rights Offering. There is no fee payable to AIMCo in respect of the Standby Commitment; however, the Company has agreed to pay the reasonable out-of-pocket costs and expenses incurred by AIMCo in connection with the Standby Purchase Agreement and the Rights Offering.

    The Common Shares issued upon exercise of the rights have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the “United States” or to “U.S. persons” (as such terms are defined in Regulation S under the United States Securities Act of 1933, as amended). This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. There shall be no sale of the securities in any jurisdiction in which an offer to sell, a solicitation of an offer to buy, or a sale would be unlawful.

    ADVISORS

    Peters & Co. Limited acted as exclusive financial advisor to Pieridae with respect to the Rights Offering. Norton Rose Fulbright Canada LLP acted as Pieridae’s legal advisor.

    ABOUT PIERIDAE

    Pieridae is a Canadian energy company headquartered in Calgary, Alberta. The Company is a significant upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia. Pieridae’s vision is to provide responsible, affordable natural gas and derived products to meet society’s energy security needs. Pieridae’s Common Shares trade on the TSX under the symbol “PEA”.

    For further information, visit http://www.pieridaeenergy.com, or please contact:

    Darcy Reding, President & Chief Executive Officer  Adam Gray, Chief Financial Officer
    Telephone: (403) 261-5900 Telephone: (403) 261-5900
       
    Investor Relations  
    investors@pieridaeenergy.com  
       

    Forward-Looking Statements

    Certain of the statements contained herein may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws (collectively “forward-looking statements”). Words such as “may”, “will”, “should”, “could”, “would”, “intend”, “future”, “vision”, “strategy”, “prospect” and other similar words and expressions may be used to identify the forward-looking statements contained herein. These statements reflect management’s current beliefs and are based on information currently available to management. Forward-looking statements contained herein include, without limitation: the intended use of proceeds from the Rights Offering and the Standby Commitment; the anticipated benefits of the Rights Offering and the Standby Commitment; the Company’s E&P and midstream strategy; and the Company’s vision to provide responsible, affordable natural gas and derived products.

    Forward-looking statements involve significant risk and uncertainties. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements including, but not limited to, the risks associated with oil and gas exploration, development, exploitation, production, processing, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of resources estimates, environmental risks, competition from other producers, incorrect assessment of the value of acquisitions, failure to realize the anticipated benefits of acquisitions, delays resulting from or inability to obtain required regulatory approvals, and ability to access sufficient capital from internal and external sources. These and other risk factors are discussed in more detail under “Risk Factors” and elsewhere in Pieridae’s Annual Information Form for the year ended December 31, 2023 and under “Risk Factors” in the Circular, copies of which are available on the Company’s profile on SEDAR+ at http://www.sedarplus.ca.

    Forward-looking statements are based on a number of factors and assumptions which have been used to develop such forward-looking statements, but which may prove to be incorrect. Although Pieridae believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements because Pieridae can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this document, assumptions have been made regarding, among other things: the impact of increasing competition; the general stability of the economic and political environment in which Pieridae operates; the ability of Pieridae to obtain and retain qualified staff, equipment and services in a timely and cost efficient manner; the ability of the operator of the projects which Pieridae has an interest in to operate the field in a safe, efficient and effective manner; the ability of Pieridae to obtain financing on acceptable terms; the ability to replace and expand oil and natural gas resources through acquisition, development and exploration; the timing and costs of pipeline, storage and facility construction and expansion and the ability of Pieridae to secure adequate product transportation; future oil and natural gas prices; currency, exchange and interest rates; the regulatory framework regarding royalties, taxes and environmental matters in the jurisdictions in which Pieridae operates; timing and amount of capital expenditures; future sources of funding; production levels; weather conditions; success of exploration and development activities; access to gathering, processing and pipeline systems; advancing technologies; and the ability of Pieridae to successfully market its oil and natural gas products.

    Readers are cautioned that the foregoing list of assumptions and risk factors is not exhaustive. Additional information on these and other factors that could affect Pieridae’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR+ website (www.sedarplus.ca), and at Pieridae’s website (www.pieridaeenergy.com).

    Although the forward-looking statements contained herein are based upon what management believes to be reasonable assumptions, management cannot assure that actual results will be consistent with these forward-looking statements. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and Pieridae assumes no obligation to update or review them to reflect new events or circumstances except as required by applicable securities laws.

    Forward-looking statements contained herein concerning the oil and gas industry and Pieridae’s general expectations concerning this industry are based on estimates prepared by management using data from publicly available industry sources as well as from reserve reports, market research and industry analysis and on assumptions based on data and knowledge of this industry which Pieridae believes to be reasonable. However, this data is inherently imprecise, although generally indicative of relative market positions, market shares and performance characteristics. While Pieridae is not aware of any misstatements regarding any industry data presented herein, the industry involves risks and uncertainties and is subject to change based on various factors.

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

    The MIL Network

  • MIL-OSI Canada: The CBSA announces over 60 methamphetamine seizures bound for export to Australia

    Source: Government of Canada News

    The CBSA announced over 60 seizures of methamphetamine in British Columbia destined for export to Australia between March and August 2024.

    October 8, 2024                   Richmond, British Columbia          Canada Border Services Agency

    The Canada Border Services Agency (CBSA) is committed to protecting our communities by preventing harmful drugs from crossing our borders and combating transnational organized crime.

    Today, the CBSA announced over 60 seizures of methamphetamine in British Columbia destined for export to Australia between March and August 2024. These seizures include 397 kg of crystal methamphetamine and 1,278 litres of liquid methamphetamine, which combined represents approximately 8 million individual doses.

    • On March 12, 2024, Border Services Officers from the Metro Vancouver District seized 194 kg of methamphetamine at the Tsawwassen Container Examination Facility.
    • Between the months of April and August 2024, Border Services Officers at the Vancouver International Mail Centre seized a combined 85 kg of methamphetamine in 54 separate incidents.
    • Between the months of May and August 2024, Border Services Officers at Vancouver International Air Cargo Operations seized a combined 93 kg of methamphetamine.
    • In July 2024, Border Services Officers at Vancouver International Passenger Operations seized a combined 25 kg of methamphetamine in two separate incidents.

    These significant seizures can be attributed to the collaboration of multiple CBSA units, including teams in the Metro Vancouver District, the Vancouver International Mail Centre, the Vancouver International Airport, the Pacific Region Intelligence Section, along with the collaboration and contributions from our domestic and international law enforcement partners.

    The investigation of these seizures was referred to the Royal Canadian Mounted Police (RCMP) in British Columbia, who worked with the Australian Federal Police and the Australian Border Force.

    “International drug smuggling is a threat to the safety and security of our communities. The seizures announced today are examples of how the CBSA works with domestic and international partners to disrupt criminal networks and keep illegal drugs off our streets.”

    – The Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs

    “The successful seizures of a combined 397 kg and 1,278 litres of methamphetamine is a testament to the exemplary work and investigative expertise shown by Border Services Officers, intelligence officers, analysts and liaison officers. I want to recognize the collaborative efforts of our partners, including the RCMP and Australian Federal Police, for their hard work and dedication to public safety.”

    – Nina Patel, Regional Director General, Pacific Region, Canada Border Services Agency

    MIL OSI Canada News

  • MIL-OSI Canada: Investigation into Calgary shooting concluded

    Source: Government of Canada regional news

    On Aug. 18, 2024, pursuant to Sec. 46.1 of the Police Act, ASIRT was directed to investigate a Calgary Police Service officer-involved shooting in Calgary.  

    The executive director’s full report can be accessed online.

    ASIRT’s mandate is to effectively, independently and objectively investigate incidents involving Alberta’s police that have resulted in serious injury or death to any person, as well as serious or sensitive allegations of police misconduct.

    This release is distributed by the Government of Alberta on behalf of the Alberta Serious Incident Response Team.

    MIL OSI Canada News

  • MIL-OSI Security: Hacheyville — 81-year-old woman dies following single-vehicle crash

    Source: Royal Canadian Mounted Police

    An 81-year-old woman from Tracadie, N.B., has died following a single-vehicle crash in Hacheyville, N.B.

    On October 7, 2024, at approximately 2 p.m., members of the Tracadie RCMP detachment responded to a report of a single-vehicle crash on Route 135 in Hacheyville. An 81-year-old woman, who was a passenger in the vehicle, died at the scene as a result of her injuries. The driver, and only other occupant of the vehicle, was transported to hospital with what is believed to be minor injuries.

    The crash is believed to have occurred when the vehicle lost control, drove into the ditch, and struck a culvert.

    Members of the Saint-Isidore and Paquetville Fire Departments, and Ambulance New Brunswick attended the scene. A member of the New Brunswick Coroner’s office and an RCMP Collision Reconstructionist are assisting with the ongoing investigation.

    MIL Security OSI

  • MIL-OSI Security: Saint John  — Individual charged following child pornography investigation

    Source: Royal Canadian Mounted Police

    The New Brunswick RCMP’s Internet Child Exploitation (ICE) Unit has charged a 39-year-old man from Saint John, N.B., with possession of child pornography, and transmitting child pornography.

    The investigation began in May 2023 when police received information from RCMP’s National Child Exploitation Crime Centre.

    On November 2, 2023, members of the ICE Unit, along with the Saint John Police force and the RCMP’s Digital Forensic Services executed a search warrant at a residence in Saint John as part of the investigation. Police seized several electronic devices and a 39-year-old man was arrested at the scene. He was later released on conditions pending a future court appearance.

    On October 4, 2024, 39-year-old Jimmy Davis was charged with possession of child pornography and transmitting child pornography. He is scheduled to appear back in court on November 13, 2024.

    The New Brunswick RCMP’s Internet Child Exploitation Unit includes members from the Saint John Police Force and the Kennebecasis Regional Police Force.

    If you are a victim, or have any information related to similar crimes, please contact your local police. If you have information that may assist an investigation and would like to remain anonymous, please contact Crime Stoppers at 1-800-222-TIPS (8477), by downloading the secure P3 Mobile App, or by Secure Web Tips at http://www.crimenb.ca.

    The investigation is ongoing.

    MIL Security OSI

  • MIL-OSI Canada: Government of Canada announces funding to improve animal health and welfare

    Source: Government of Canada News (2)

    October 8, 2024 – Ottawa, Ontario – Agriculture and Agri-Food Canada

    Today, at the 2024 Animal Health Canada Forum, Francis Drouin, Parliamentary Secretary to the Minister of Agriculture and Agri-Food, on behalf of the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, announced up to $13,343,409 over 5 years to Animal Health Canada (AHC) for three projects through the AgriAssurance Program – National Industry Association component, an initiative under the Sustainable Canadian Agricultural Partnership.

    This investment aims to enhance animal health and welfare, while safeguarding Canadians, through improvements to disease surveillance, emergency management, and animal care standards.

    AHC will receive up to $3,534,174 to expand its animal health surveillance networks and shift the Canadian Animal Health Surveillance System to a One Health approach. AHC aims to minimize the economic, health, and welfare impacts of potential disease outbreaks in Canadian livestock by improving disease surveillance and information sharing.

    AHC will also receive up to $5,000,000 for a second project aimed at improving emergency management practices. Project activities include developing comprehensive emergency plans, training industry staff and producers across Canada, conducting educational workshops, and testing industry preparedness.

    Finally, AHC will receive up to $4,809,235 to update, amend, and review several Codes of Practice. These Codes are nationally developed guidelines for the care and handling of animals, which help guarantee high standards of animal welfare. AHC will also ensure awareness of the changes to the Codes throughout the sector.

    Animal health and disease management are a priority for the Government of Canada. These efforts aim to strengthen sector resilience, confirm Canada’s high standards of animal care, and ensure the health and safety of Canadians.

    • A One Health system is an approach to disease management and prevention that recognizes the interconnection between human, animal, and environmental health. It promotes collaboration across multiple sectors and disciplines to ensure the well-being of all.

    • The Canadian Animal Health Surveillance System is a distinct division of AHC that is dedicated to promoting a coordinated, national surveillance system through partner engagement and information sharing.

    • Updates to the Codes of Practice will be made through the National Farm Animal Care Council (NFACC), a distinct division of AHC.

    • Enhanced emergency management practices aim to build sector resilience and protect Canada’s agricultural resources through comprehensive planning and training.

    • AHC previously received over $6 million in funding under the Canadian Agricultural Partnership.

    • Animal Health Canada (AHC) is a national organization that brings together industry, federal, provincial, and territorial partners to provide guidance on a cohesive, functional, and responsive farmed animal health and welfare system in Canada.

    • The AgriAssurance Program – National Industry Association Component, under the Sustainable Canadian Agricultural Partnership, provides funding for national-level projects to help industry develop, verify, and integrate assurance systems to address market and regulatory requirements and to enable industry to make credible, meaningful, and verifiable claims about the health, safety, and quality of Canadian agriculture products. 

    • The Sustainable Canadian Agricultural Partnership is a $3.5-billion, 5-year agreement (April 1, 2023 to March 31, 2028), between the federal, provincial, and territorial governments to strengthen the competitiveness, innovation, and resiliency of Canada’s agriculture, agri‐food, and agri‐based products sector.

    Annie Cullinan
    Director of Communications
    Office of the Minister of Agriculture and Agri-Food
    annie.cullinan@agr.gc.ca

    MIL OSI Canada News

  • MIL-OSI Canada: BATVN publishes an overview of the Canadian repo market

    Source: Bank of Canada

    Today, the Bankers’ Acceptance Transition Virtual Network (BATVN), established by the Canadian Fixed-Income Forum (CFIF) to support the transition away from BAs, published an overview of the Canadian repo market. This informational paper provides background information on the Canadian repo market and highlights that repos could be a viable BA replacement for some investors and that the disappearance of BAs could potentially be an important catalyst to help develop a tri-party repo market in Canada.

    This paper does not, and is not intended to, constitute investment or legal advice. It is provided for general information purposes only.

    To further help with this effort and bring more transparency to a core Canadian funding market, the Bank of Canada, in collaboration with the Collateral Infrastructure and Market Practices Advisory Group (CIMPA) published the Canadian Repo Market Fact Sheet. This report provides statistics on trading activity in the Canadian repo market.

    About CFIF

    The Canadian Fixed-Income Forum (Forum) is a senior level industry-wide committee established by the Bank of Canada to discuss developments in fixed-income market structure and functioning, market practices, and related policy issues. The goals of the Forum are to:

    • enhance the efficiency and resilience of the Canadian fixed-income market;
    • improve the quality, clarity and market-wide understanding of Canadian fixed-income trading practices;
    • evaluate and propose changes to market infrastructure;
    • communicate any recommendations and analysis to oversight authorities, regulators, industry groups and other market participants as needed.

    The Forum will not discuss monetary policy or policy issues directly relating to the size and distribution of the federal government’s debt programme which are covered through other fora.

    About the BATVN

    The BA Transition Virtual Network consists of members from close to 30 institutions, primarily representing the major buy-side investors active in BAs. Members include insurance companies, pension funds, money market funds, the major BA issuing banks and their dealers, as well as other relevant stakeholders. Member institutions account for approximately 60% of end-investor BA purchases.

    About CIMPA

    The Collateral Infrastructure and Market Practices Advisory Group (CIMPA) is an industry-wide working group created under CFIF to promote the well-functioning of the Canadian securities and financing markets through improved operational efficiency, reduced market segmentation and industry coordination on related issues and initiatives. The goals of the working group are to:

    • improve interconnectedness, standardization, and automation of securities flows;
    • support market functioning through promotion of best practices for clearing, settlement, margining and risk management;
    • facilitate broad adoption of the recently introduced Canadian Collateral Management Service (CCMS), Canada’s first tri-party service launched by TMX and Clearstream;
    • provide an information hub on Canadian collateral developments;
    • build consensus on relevant issues.

    Market inquiries:

    CFIF Secretariat
    Financial Markets Department
    Bank of Canada
    613‑782‑7913

    Media Relations
    Bank of Canada

    MIL OSI Canada News

  • MIL-OSI Canada: Manitoba Government Apologizes to Children in Care Denied Children’s Special Allowance

    Source: Government of Canada regional news

    Manitoba Government Apologizes to Children in Care Denied Children’s Special Allowance


    On behalf of the Manitoba government and the people of Manitoba, Families Minister Nahanni Fontaine made a formal statement of apology today in the Manitoba Legislature to children in care who were denied Children’s Special Allowance (CSA) payments over a period beginning in 2005 and continuing through early 2019.

    “Our government wishes to offer an apology, along with our deepest sorrow and regret, to the children who were denied their opportunity to grow to their full potential as a result of not receiving the support of the Children’s Special Allowance,” said Fontaine “These funds should have nourished your dreams and helped you learn, grow and flourish – instead, you were robbed of your chance to explore your full potential. Today, we acknowledge this profound injustice and take responsibility for the Manitoba government interfering with children’s right to benefit from these funds.”

    Over the course of 14 years from 2005 to early 2019, the Manitoba government required Child and Family Services (CFS) agencies to remit more than $335 million in federal CSA payments back to Manitoba’s general revenue. Federal legislation outlines that CSA payments are intended to be made to CFS agencies as an equivalent to the Canada Child Benefit received by parents in Manitoba and are to be used exclusively for care, education, training and advancement of children in care. The practice ceased in early 2019, with CFS agencies now able to use the CSA as they deem appropriate for the benefit of children in care.

    Three certified class action lawsuits sought damages for Manitoba’s breach of the rights of vulnerable children. The minister noted the previous government attempted to legislate away the right for children in care to pursue compensation for the denial of these funds. A 2022 decision by the Court of King’s Bench found Manitoba’s CSA policy and related legislation exacerbated the already-significant disadvantages experienced by children in care and was a breach of their Charter rights to be free from discrimination. The government has taken a long overdue step in correcting this wrong and has agreed to pay $530 million to compensate the affected children, cover legal fees and administer funds to class members, noted Fontaine.

    The Manitoba government’s apology also recognized those who advocated for children in care in response to systemic prejudice.

    “I want to honour the determination, resiliency and courage of those who stood up for Manitoba children,” said Fontaine. “Former children and youth in care, their families and communities and advocacy groups demanded fairness for children in care in our province, with access to the same benefits as other children. You have been at the forefront of showing us that every child matters and for that, we are grateful. Miigwech.”

    To receive updates about the claims process, contact the claims administrators.

    For individuals who received services from First Nation CFS agencies or non-Indigenous CFS agencies (Flette/Lavalee actions), contact the information line at 1-844-947-7101 or email info@csasettlement.com. Information is also available at http://www.csasettlement.com/.

    For individuals who received services from Métis CFS agencies (Lafontaine action), contact the information line at 1-877-835-4546 or email info@metiscsaclassaction.ca. Information is also available at http://metiscsaclassaction.ca.

    MIL OSI Canada News

  • MIL-Evening Report: Unprecedented peril: disaster lies ahead as we track towards 2.7°C of warming this century

    Source: The Conversation (Au and NZ) – By Thomas Newsome, Associate Professor in Global Ecology, University of Sydney

    You don’t have to look far to see what climate change is doing to the planet. The word “unprecedented” is everywhere this year.

    We are seeing unprecedented rapidly intensifying tropical storms such as Hurricane Helene in the eastern United States and Super Typhoon Yagi in Vietnam. Unprecedented fires in Canada have destroyed towns. Unprecedented drought in Brazil has dried out enormous rivers and left swathes of empty river beds. At least 1,300 pilgrims died during this year’s Hajj in Mecca as temperatures passed 50°C.

    Unfortunately, we are headed for far worse. The new 2024 State of the Climate report, produced by our team of international scientists, is yet another stark warning about the intensifying climate crisis. Even if governments meet their emissions goals, the world may hit 2.7°C of warming – nearly double the Paris Agreement goal of holding climate change to 1.5°C. Each year, we track 35 of the Earth’s vital signs, from sea ice extent to forests. This year, 25 are now at record levels, all trending in the wrong directions.

    Humans are not used to these conditions. Human civilisation emerged over the last 10,000 years under benign conditions – not too hot, not too cold. But this liveable climate is now at risk. In your grandchild’s lifetime, climatic conditions will be more threatening than anything our prehistoric relatives would have faced.

    Our report shows a continued rise in fossil fuel emissions, which remain at an all-time high. Despite years of warnings from scientists, fossil fuel consumption has actually increased, pushing the planet toward dangerous levels of warming. While wind and solar have grown rapidly, fossil fuel use is 14 times greater.

    This year is also tracking for the hottest year on record, with global daily mean temperatures at record levels for nearly half of 2023 and much of 2024.

    Next month, world leaders and diplomats will gather in Azerbaijan for the annual United Nations climate talks, COP 29. Leaders will have to redouble their efforts. Without much stronger policies, climate change will keep worsening, bringing with it more frequent and more extreme weather.



    Bad news after bad news

    We have still not solved the central problem: the routine burning of fossil fuels. Atmospheric concentrations of greenhouse gases – particularly methane and carbon dioxide – are still rising. Last September, carbon dioxide levels in the atmosphere hit 418 parts per million (ppm). This September, they crossed 422 ppm. Methane, a highly potent greenhouse gas, has been increasing at an alarming rate despite global pledges to tackle it.

    Compounding the problem is the recent decline in atmospheric aerosols from efforts to cut pollution. These small particles suspended in the air come from both natural and human processes, and have helped cool the planet. Without this cooling effect, the pace of global warming may accelerate. We don’t know for sure because aerosol properties are not yet measured well enough.

    Other environmental issues are now feeding into climate change. Deforestation in critical areas such as the Amazon is reducing the planet’s capacity to absorb carbon naturally, driving additional warming. This creates a feedback loop, where warming causes trees to die which in turn amplifies global temperatures.

    Loss of sea ice is another. As sea ice melts or fails to form, dark seawater is exposed. Ice reflects sunlight but seawater absorbs it. Scaled up, this changes the Earth’s albedo (how reflective the surface is) and accelerates warming further.

    In coming decades, sea level rise will pose a growing threat to coastal communities, putting millions of people at risk of displacement.

    Accelerate the solutions

    Our report stresses the need for an immediate and comprehensive end to the routine use of fossil fuels.

    It calls for a global carbon price, set high enough to drive down emissions, particularly from high-emitting wealthy countries.

    Introducing effective policies to slash methane emissions is crucial, given methane’s high potency but short atmospheric lifetime. Rapidly cutting methane could slow the rate of warming in the short term.

    Natural climate solutions such as reforestation and soil restoration should be rolled out to increase how much carbon is stored in wood and soil. These efforts must be accompanied by protective measures in wildfire and drought prone areas. There’s no point planting forests if they will burn.

    Governments should introduce stricter land-use policies to slow down rates of land clearing and increase investment in forest management to cut the risk of large, devastating fires and encourage sustainable land use.

    We cannot overlook climate justice. Less wealthy nations contribute least to global emissions but are often the worst affected by climate disasters.

    Wealthier nations must provide financial and technical support to help these countries adapt to climate change while cutting emissions. This could include investing in renewable energy, improving infrastructure and funding disaster preparedness programs.

    Internationally, our report urges stronger commitments from world leaders. Current global policies are insufficient to limit warming to 1.5°C above pre-industrial levels.

    Without drastic changes, the world is on track for approximately 2.7°C of warming this century. To avoid catastrophic tipping points, nations must strengthen their climate pledges, reduce dependence on fossil fuels, and accelerate the transition to renewable energy.

    Immediate, transformative policy changes are now necessary if we are to avoid the worst effects of climate change.

    Climate change is already here. But it could get much, much worse. By slashing emissions, boosting natural climate solutions and working towards climate justice, the global community can still fend off the worst version of our future.

    Thomas Newsome receives funding from the Australian Research Council. He is immediate past-president of the Australasian Wildlife Management Society and President of the Royal Zoological Society of New South Wales.

    William Ripple receives funding from the CO2 Foundation and University of Oregon donor Roger Worthington.

    ref. Unprecedented peril: disaster lies ahead as we track towards 2.7°C of warming this century – https://theconversation.com/unprecedented-peril-disaster-lies-ahead-as-we-track-towards-2-7-c-of-warming-this-century-240549

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Canada: Manitoba Government Advises Changes to the Executive Government Organization Act

    Source: Government of Canada regional news

    Manitoba Government Advises Changes to the Executive Government Organization Act


    Environment and Climate Change Minister Tracy Schmidt has been named acting minister of education and early childhood learning in addition to her current role, Premier Wab Kinew announced today. 

    “Minister Schmidt is a high performer who I know will do great work for Manitoba students,” said Kinew. “I look forward to Minister Altomare’s return and in the meantime, Manitoba parents can trust our government to continue investing in schools and kids’ futures.”  

    Schmidt will perform ministerial duties on behalf of Education and Early Childhood Learning Minister Nello Altomare, who will temporarily be away from work for medical reasons, noted the premier. 

    Additionally, Mike Moyes, the member of the legislative assembly for Riel, was appointed as the legislative assistant for both environment and climate change, and education and early childhood learning. 

    – 30 –

    MIL OSI Canada News

  • MIL-OSI: TC Energy announces pricing of cash tender offers

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced that TransCanada PipeLines Limited (the “Company”), a wholly-owned subsidiary of TC Energy, has released the pricing terms of its previously announced separate offers (the “Offers”) to purchase for cash up to US$1,750,000,000 aggregate principal amount of its outstanding notes of the series listed in the table below (collectively, the “Notes”).

    The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated Oct. 1, 2024 relating to the Notes (the “Offer to Purchase”) and the notice of guaranteed delivery attached as Appendix A thereto (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.

    Set forth in the table below is the applicable Total Consideration for each series of Notes, as calculated as of 2 p.m. (Eastern time) today, Oct. 8, 2024, in accordance with the Offer to Purchase.

    Acceptance
    Priority
    Level(1)
    Title of Notes(2) Principal
    Amount
    Outstanding (in
    millions)
    CUSIP / ISIN
    Nos. (2)
    Reference
    Security(4)
    Reference Yield Bloomberg
    Reference
    Page(4)
    Fixed Spread (Basis Points)(4) Total Consideration(3)(4)
    1 2.500% Senior Notes due 2031 US$1,000 89352HBC2 / US89352HBC25 3.875% U.S. Treasury due Aug.15, 2034 4.031% FIT1 +35 $887.76
    2 5.000% Senior Notes due 2043 US$625 89352HAL3 / US89352HAL33 4.125% U.S. Treasury due Aug. 15, 2044 4.387% FIT1 +90 $965.85
    3 4.875% Senior Notes due 2048 US$1,000 89352HAY5 / US89352HAY53 4.625% U.S. Treasury due May 15, 2054 4.316% FIT1 +100 $941.07
    4 5.100% Senior Notes due 2049 US$1,000 89352HAZ2 / US89352HAZ29 4.625% U.S. Treasury due May 15, 2054 4.316% FIT1 +95 $977.29
    5 4.750% Senior Notes due 2038 US$500 89352HAX7 / US89352HAX70 3.875% U.S. Treasury due Aug. 15, 2034 4.031% FIT1 +110 $963.02
    6 4.250% Senior Notes due 2028 US$1,400 89352HAW9 / US89352HAW97 3.50% U.S. Treasury due Sept. 30, 2029 3.857% FIT1 +55 $994.82
    7 4.875% Senior Notes due 2026 US$850 89352HAT6 / US89352HAT68 3.875% U.S. Treasury due Jan. 15, 2026 4.140% FIT4 +45 $1,003.36

    _____________

    (1) Subject to the satisfaction or waiver of the conditions of the Offers described in the Offer to Purchase, if the Maximum Purchase Condition is not satisfied with respect to every series of Notes, the Company will accept Notes for purchase in the order of their respective Acceptance Priority Level specified in the table above (with 1 being the highest Acceptance Priority Level and 7 being the lowest Acceptance Priority Level). It is possible that a series of Notes with a particular Acceptance Priority Level will not be accepted for purchase even if one or more series with a higher or lower Acceptance Priority Level are accepted for purchase.

    (2) No representation is made as to the correctness or accuracy of the CUSIP numbers or ISINs listed in this News Release or printed on the Notes. They are provided solely for convenience.

    (3) For each series of Notes in respect of which a par call date is indicated, the calculation of the applicable Total Consideration (as defined below) has been performed to either the maturity date or such par call date, in accordance with standard market convention.

    (4) The total consideration for each series of Notes (such consideration, the “Total Consideration”) payable per each US$1,000 principal amount of such series of Notes validly tendered for purchase has been based on the applicable Fixed Spread specified in the table above for such series of Notes, plus the applicable yield based on the bid-side price of the applicable U.S. Treasury reference security as specified in the table above, as quoted on the applicable Bloomberg Reference Page as of 2 p.m. (Eastern time) today, Oct. 8, 2024. See “Description of the Offers—Determination of the Total Consideration” in the Offer to Purchase. The Total Consideration does not include the applicable Accrued Coupon Payment (as defined below), which will be payable in cash in addition to the applicable Total Consideration.

    The Offers will expire at 5 p.m. (Eastern time) on Oct. 8, 2024, unless extended or earlier terminated (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the “Expiration Date”). Notes may be validly withdrawn at any time at or prior to 5 p.m. (Eastern time) on Oct. 8, 2024, unless extended with respect to any Offer.

    For Holders who deliver a Notice of Guaranteed Delivery and all other required documentation at or prior to the Expiration Date, upon the terms and subject to the conditions set forth in the Tender Offer Documents, the deadline to validly tender Notes using the Guaranteed Delivery Procedures (as defined in the Offer to Purchase) will be the second business day after the Expiration Date and is expected to be 5 p.m. (Eastern time) on Oct. 10, 2024, unless extended with respect to any Offer (the “Guaranteed Delivery Date”).

    Settlement for all Notes tendered prior to the Expiration Date or pursuant to a Notice of Guaranteed Delivery will be four business days after the Expiration Date and two business days after the Guaranteed Delivery Date, respectively, which is expected to be Oct. 15, 2024, unless extended with respect to any Offer (collectively, the “Settlement Date”).

    Upon the terms and subject to the conditions set forth in the Offer to Purchase, Holders whose Notes are accepted for purchase in the Offers will receive the applicable Total Consideration for each US$1,000 principal amount of such Notes in cash on the Settlement Date.

    In addition to the applicable Total Consideration, Holders whose Notes are accepted for purchase will receive a cash payment equal to the accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the Settlement Date (the “Accrued Coupon Payment”). Interest will cease to accrue on the Settlement Date for all Notes accepted in the Offers. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Holders by The Depository Trust Company (“DTC”) or its participants.

    The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase. The Company reserves the right, subject to applicable law, to waive any and all conditions to any Offer. If any of the conditions is not satisfied, the Company is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered notes, in each event subject to applicable laws, and may terminate or alter any or all of the Offers. The Offers are not conditioned on the tender of any aggregate minimum principal amount of Notes of any series (subject to minimum denomination requirements as set forth in the Offer to Purchase).

    The Company has retained Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and RBC Capital Markets, LLC to act as the dealer managers (the “Dealer Managers”) for the Offers. Questions regarding the terms and conditions for the Offers should be directed to Deutsche Bank Securities Inc. at (866) 627-0391 (toll-free) or (212) 250-2955 (collect), J.P. Morgan Securities LLC at (866) 834-4666 (toll-free) or (212) 834-4818 (collect), Morgan Stanley & Co. LLC at (800) 624-1808 (toll-free) or (212) 761-1057 (collect), or RBC Capital Markets, LLC at (877) 381-2099 (toll-free) or (212) 618-7843 (collect).

    D.F. King & Co., Inc. will act as the Information and Tender Agent for the Offers. Questions or requests for assistance related to the Offers or for additional copies of the Offer to Purchase may be directed to D.F. King & Co., Inc. in New York by telephone at +1 (212) 269-5550 (for banks and brokers only) or +1 (866) 620-9554 (for all others toll-free), or by email at TCEnergy@dfking.com. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers. The Tender Offer Documents can be accessed at the following link: http://www.dfking.com/transcanada.

    If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Information and Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in DTC will be released.

    Holders are advised to check with any bank, securities broker or other intermediary through which they hold Notes as to when such intermediary would need to receive instructions from a beneficial owner in order for that Holder to be able to participate in, or withdraw their instruction to participate in the Offers before the deadlines specified herein and in the Offer to Purchase. The deadlines set by any such intermediary and DTC for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified herein and in the Offer to Purchase.

    This announcement is for informational purposes only. This announcement is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities of TC Energy, the Company, or any of their subsidiaries. The Offers are being made solely pursuant to the Offer to Purchase. The Offers are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, “blue sky” or other laws of such jurisdiction. In any jurisdiction in which the securities laws or “blue sky” laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

    No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this announcement, the Offer to Purchase or any material relating to us or the Notes in any jurisdiction where action for that purpose is required. Accordingly, neither this announcement, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction.

    Forward-looking Statements

    This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as “forward-looking statements”). Forward-looking statements include: statements regarding the terms and timing for completion of the Offers, including the acceptance for purchase of any Notes validly tendered and the expected Expiration Date and settlement dates thereof; and the satisfaction or waiver of certain conditions of the Offers.

    Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of TC Energy to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, conditions in financial markets, investor response to the Offers, and other risk factors as detailed from time to time in TC Energy’s reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission.

    Readers are cautioned against unduly relying on forward-looking statements. Forward-looking statements are made as of the date of the relevant document and, except as required by law, TC Energy undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise.

    About TC Energy

    We’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest energy challenges – from innovating to deliver the natural gas that feeds LNG to global markets, to working to reduce emissions from our assets, to partnering with our neighbours, customers and governments to build the energy system of the future. It’s all part of how we continue to deliver sustainable returns for our investors and create value for communities.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/382e93bc-3de4-4251-b8e5-d81e89cb81a1

    The MIL Network

  • MIL-OSI: PrairieSky Royalty Announces Conference Call for Q3 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — PrairieSky will release its Q3 2024 results on Monday, October 28, 2024 after markets close. The news release detailing PrairieSky’s Q3 2024 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at http://www.prairiesky.com and on SEDAR+ at http://www.sedarplus.com.

    A conference call to discuss the results will be held for the investment community on Tuesday, October 29, 2024 beginning at 6:30 am MT (8:30 am ET). To participate in the conference call, you are asked to register at the link provided below. Details regarding the call will be provided to you upon registration.

    About PrairieSky Royalty Ltd.

    PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    PrairieSky Royalty Ltd.
    Investor Relations
    (587) 293-4000

    http://www.prairiesky.com

    PDF available: http://ml.globenewswire.com/Resource/Download/414b59af-1cc6-4caa-8c98-0e69a9ece839

    The MIL Network

  • MIL-OSI Europe: JOINT MOTION FOR A RESOLUTION on strengthening Moldova’s resilience against Russian interference ahead of the upcoming presidential elections and a constitutional referendum on EU integration – RC-B10-0072/2024

    Source: European Parliament

    Siegfried Mureşan, Andrzej Halicki, Michael Gahler, Sebastião Bugalho, David McAllister, Željana Zovko, Nicolás Pascual De La Parte, Isabel Wiseler‑Lima, Antonio López‑Istúriz White, Wouter Beke, Krzysztof Brejza, Daniel Caspary, Jan Farský, Rasa Juknevičienė, Sandra Kalniete, Ondřej Kolář, Andrey Kovatchev, Andrius Kubilius, Miriam Lexmann, Vangelis Meimarakis, Ana Miguel Pedro, Davor Ivo Stier, Michał Szczerba, Ingeborg Ter Laak, Matej Tonin, Milan Zver, Ioan‑Rareş Bogdan, Daniel Buda, Gheorghe Falcă, Mircea‑Gheorghe Hava, Dan‑Ştefan Motreanu, Virgil‑Daniel Popescu, Adina Vălean, Loránt Vincze, Iuliu Winkler
    on behalf of the PPE Group
    Yannis Maniatis, Nacho Sánchez Amor, Sven Mikser, Thijs Reuten, Dan Nica, Victor Negrescu, Gheorghe Cârciu, Mihai Tudose, Adrian‑Dragoş Benea, Gabriela Firea, Maria Grapini, Claudiu Manda, Vasile Dîncu, Ştefan Muşoiu
    on behalf of the S&D Group
    Joachim Stanisław Brudziński, Adam Bielan, Mariusz Kamiński, Cristian Terheş, Alexandr Vondra, Roberts Zīle, Ivaylo Valchev, Carlo Fidanza, Rihards Kols, Sebastian Tynkkynen, Michał Dworczyk, Assita Kanko, Małgorzata Gosiewska, Maciej Wąsik, Veronika Vrecionová, Georgiana Teodorescu, Adrian‑George Axinia, Ondřej Krutílek, Tobiasz Bocheński, Alberico Gambino, Gheorghe Piperea, Aurelijus Veryga, Şerban‑Dimitrie Sturdza, Claudiu‑Richard Târziu, Charlie Weimers
    on behalf of the ECR Group
    Dan Barna, Petras Auštrevičius, Helmut Brandstätter, Benoit Cassart, Olivier Chastel, Veronika Cifrová Ostrihoňová, Bernard Guetta, Ľubica Karvašová, Ilhan Kyuchyuk, Nathalie Loiseau, Urmas Paet, Marie‑Agnes Strack‑Zimmermann, Eugen Tomac, Hilde Vautmans, Lucia Yar, Dainius Žalimas
    on behalf of the Renew Group
    Reinier Van Lanschot
    on behalf of the Verts/ALE Group
    Jonas Sjöstedt
    on behalf of The Left Group

    European Parliament resolution on strengthening Moldova’s resilience against Russian interference ahead of the upcoming presidential elections and a constitutional referendum on EU integration

    (2024/2821(RSP))

    The European Parliament,

     having regard to its previous resolutions on the Republic of Moldova,

     having regard to the Association Agreement between the European Union and the European Atomic Energy Community and their Member States, of the one part, and the Republic of Moldova, of the other part[1], which includes a Deep and Comprehensive Free Trade Area,

     having regard to the Republic of Moldova’s application for EU membership of 3 March 2022, and the European Council’s consequent granting of candidate country status on 23 June 2022,

     having regard to the convening of the first Intergovernmental Conference on Moldova’s accession to the EU, held in June 2024,

     having regard to Articles 2 and 49 of the Treaty on European Union,

     having regard to the joint statement of 13 June 2024 by the US, Canada and the UK on exposing Russia’s subversive activity and electoral interference targeting Moldova,

     having regard to Rules 136(2) and (4) of its Rules of Procedure,

    A. whereas on 20 October 2024, the Republic of Moldova is scheduled to hold a presidential election and a constitutional referendum on EU integration, amid ongoing Russian interference and attempts to destabilise the political situation and electoral process in the country;

    B. whereas the Russian Federation has been using economic blackmail, provocation, disinformation, illegal funding of political parties, cyberattacks and other hybrid means to undermine the stability, sovereignty, constitutional order and democratic institutions of the Republic of Moldova; whereas Russia’s subversive activities in Moldova seek to undermine popular support for the European path chosen by the people of Moldova and to incite destabilisation; whereas the active measures envisaged include establishing and promoting front organisations disguised as non-governmental organisations and ‘cultural centres’, disseminating online and offline disinformation, establishing strong pro-Russian political and societal constituencies and returning the Republic of Moldova to a state of dependency on Russian hydrocarbons;

    C. whereas in 2023, the EU imposed sanctions on key Moldovan oligarchs and pro-Russian actors, such as Ilan Shor, Vladimir Plahotniuc, Igor Ceaika, Gheorghe Cavaliuc and Marina Tauber, on the basis of a recently established sanctions regime targeting persons responsible for actions aimed at destabilising, undermining or threatening the sovereignty and independence of the Republic of Moldova; whereas allies of Mr Shor have reportedly actively recruited, arranged logistics for and provided financial compensation to individuals to join their protests; whereas on 3 October 2024, a large-scale electoral fraud operation was uncovered, financed by pro-Russian oligarch Ilan Shor, revealing that over USD 15 million had been transferred in September 2024 to over 130 000 Moldovan citizens involved in this voter bribery scheme; whereas on 18 September 2024, two close allies of Ilan Shor – deputy Marina Tauber and the Governor (Bashkan) of Gagauzia, Evghenia Guțul – met with the spokesperson of the Russian Foreign Ministry, Maria Zakharova, and subsequently gave false information about the EU and the Republic of Moldova’s future within it;

    D. whereas one of the tools used by the Russian state is the state-funded RT network (formerly Russia Today), which has moved beyond media activities, becoming actively involved in cyber operations, covert influence, military procurement and information warfare across various regions; whereas in June 2024, the US, together with the UK and Canada, exposed Russia’s efforts to engage in subversive activities and electoral interference targeting the Republic of Moldova;

    E. whereas in September 2024, the US imposed sanctions on three entities and two individuals for their involvement in Russia’s destabilising actions abroad, including in the Republic of Moldova; whereas these covert efforts have included RT personnel providing direct support to fugitive Moldovan oligarch Ilan Shor, the key perpetrator of the 2014 USD 1 billion bank fraud scandal; whereas, according to the US State Department, RT and its employees, including editor-in-chief Margarita Simonyan, have directly coordinated with the Kremlin to support Russian Government efforts to influence the Moldovan presidential election of October 2024, with the apparent aim of inciting unrest in the Republic of Moldova;

    F. whereas the Security and Intelligence Service of the Republic of Moldova has reported an unprecedented level of intensity in Russia’s actions aimed at anchoring Moldova within its sphere of influence; whereas this hybrid threat is targeted at democratic processes and undermines European integration by amplifying radical separatist tendencies in the south of the country, particularly in Gagauzia (UTAG), using propaganda, manipulating the information space, interfering in the electoral process and conducting subversive operations; whereas Moldova’s national security services have stated that Russia is funding the ‘no’ campaign, with around EUR 100 million for pro-Russian political groups, and spreading disinformation on social media to sow doubt about the legitimacy of the electoral process; whereas in 2023, Ukrainian intelligence reported that it had intercepted a plan by Russia to stage a coup and oust Moldovan President Maia Sandu;

    G. whereas the Republic of Moldova has taken steps to combat Russian interference, including by banning pro-Russian political parties that are operating outside the law, sanctioning oligarchs, suspending media outlets that spread disinformation, and increasing customs controls; whereas Moldova’s updated national security strategy attributes disinformation campaigns and other hybrid attacks to Russia;

    H. whereas the unprovoked, unjustified and illegal war of aggression launched by the Russian Federation against Ukraine profoundly affects regional security and stability, endangering the Republic of Moldova’s macroeconomic situation, financial stability, democratic development and social cohesion, while further increasing the incidence and severity of poverty, inflation and emigration; whereas the Russian Federation, in cooperation with domestic Russia-sponsored actors, galvanises and uses the resultant widespread economic, geopolitical and security uncertainty to delegitimise and foster opposition to the Moldovan Government’s pro-European policies;

    I. whereas despite the dramatic effects of the war on Ukraine and these destabilisation attempts, the Republic of Moldova has managed to significantly consolidate its democracy, continue its reform trajectory and develop its relations with the EU; whereas the improvements in the country’s democratic system have been reflected in its progress on various international indexes; whereas the Moldovan Government’s enhanced implementation of current agreements demonstrates its commitment to closer cooperation with and integration into the EU;

    J. whereas the Republic of Moldova is a close and valued partner of the EU; whereas its application for EU membership, and the European Council’s decision to grant candidate country status to the Republic of Moldova on the understanding that nine steps are taken, demonstrates a strong joint ambition for swift EU integration; whereas through the Association Agreement and the Deep and Comprehensive Free Trade Area, in force since 2016, the EU and Moldova have committed to promoting political association and achieving economic integration;

    K. whereas on 3 March 2022, the Republic of Moldova applied for EU membership, and on 23 June 2022, was granted candidate country status by unanimous agreement of all 27 EU Member States; whereas the EU opened accession negotiations with the Republic of Moldova during the first accession conference at ministerial level, held in Luxembourg on 25 June 2024, following the European Council’s decision of 14-15 December 2023 to open accession negotiations with Moldova, and the Council’s approval of the negotiating framework for these negotiations on 21 June 2024; whereas EU accession remains a merit-based process that requires the fulfilment of the EU membership criteria;

    L. whereas every sovereign state has the inherent right to defend itself and to invest in its defence and resilience capabilities, and such actions are consistent with the Republic of Moldova’s status of neutrality;

    M. whereas the Council has adopted assistance measures worth EUR 137 million for the benefit of the Armed Forces of the Republic of Moldova under the European Peace Facility since 2021;

    N. whereas on 24 April 2023, the EU set up the Partnership Mission in the Republic of Moldova (EUPM Moldova) under the common security and defence policy, with the objective of enhancing the security sector’s resilience in the areas of crisis management, hybrid threats, including cybersecurity and countering foreign information manipulation and interference; whereas on 21 May 2024, Moldova became the first country to sign a Security and Defence Partnership with the EU, which will help strengthen cooperation on security and defence policy between the EU and Moldova;

    O. whereas, according to several reports, many priests from the Metropolis of Moldova have travelled to Russia, where they received funds with the intention of using them for electoral purposes in the Republic of Moldova;

    1. Stands in solidarity with the people of the Republic of Moldova and reiterates its unwavering support for the independence, sovereignty and territorial integrity of the Republic of Moldova within its internationally recognised borders;

    2. Strongly condemns the escalating malicious activities, interference and hybrid operations by the Russian Federation, pro-Russian oligarchs and Russian-sponsored local actors aimed at undermining the electoral processes, security, sovereignty and democratic foundations of the Republic of Moldova, fostering divisions within Moldovan society and derailing the country’s pro-European trajectory, ahead of the upcoming presidential election and the constitutional referendum on EU integration;

    3. Reiterates its call on the Russian authorities to respect the Republic of Moldova’s independence, sovereignty and territorial integrity, and to cease its provocations and attempts to destabilise the country and undermine its constitutional order and democratic institutions; reiterates its calls on Russia to withdraw its military forces and equipment from the territory of the Republic of Moldova, to ensure the full destruction of all ammunition and equipment in the Cobasna depot under international oversight and to support a peaceful resolution to the Transnistrian conflict, in line with the principles of international law and the 1999 Istanbul Summit Declaration of the Organization for Security and Co-operation in Europe;

    4. Calls for the EU and its Member States to ensure that all necessary assistance is provided to the Republic of Moldova to strengthen its institutional mechanisms and its ability to respond to hybrid threats; calls for increased EU support for Moldova in countering disinformation, hybrid threats and cyberattacks; underlines that this should entail boosting Moldova’s capacity to combat disinformation, strengthen its cybersecurity infrastructure and enhance resilience against external malign influences; emphasises the particular importance of countering false Russian narratives, while underscoring their malign interference in the Republic of Moldova and the ways in which they are used to justify Russia’s war of aggression against Ukraine;

    5. Calls on the Council to adopt additional targeted sanctions listings against individuals and entities responsible for supporting or carrying out actions which undermine or threaten the Republic of Moldova’s sovereignty and independence, as well as the country’s democracy, stability or security, and the rule of law; calls for the EU and national authorities to make sure those sanctions are duly implemented; reiterates its call on the respective hosting states and territories to extradite Ilan Shor, Vladimir Plahotniuc and other individuals sought for trial in the Republic of Moldova;

    6. Highlights the important role played by the EU Partnership Mission in the Republic of Moldova (EUPM Moldova); calls for the EU and its Member States to ensure that EUPM Moldova performs to the best of its ability, taking stock of progress and adapting its operations if necessary to make it as efficient as possible, while proposing to further extend its mandate beyond May 2025, adapt its scope and increase the mission’s resources; calls for the EU and its Member States to increase their support for Moldova’s Center for Strategic Communication and Combating Disinformation; calls on the Commission to report on the results of the EU support package for Moldova of June 2023, particularly the stated aim of countering foreign information manipulation and interference, and building capacity for independent media, civil society and youth;

    7. Applauds the Republic of Moldova’s steadfast support for Ukraine since the start of Russia’s war of aggression; commends the Republic of Moldova for welcoming 1.5 million Ukrainian refugees throughout the war, of which an estimated 125 000 remain in the country; calls for the EU and its Member States to ensure continued support for Moldova and its people in addressing the challenges facing the country as a consequence of Russia’s war of aggression against Ukraine, including large numbers of refugees, inflation, threats to its energy supplies and violations of its airspace;

    8. Reaffirms its commitment to the Republic of Moldova’s future membership of the EU; believes that its membership in the EU would constitute a mutually beneficial investment in a united and strong Europe; welcomes the widespread support in the Republic of Moldova for its European integration; stresses that the Republic of Moldova’s European integration represents not only a path towards greater economic prosperity, but also a safeguard for political stability and security in the face of external threats;

    9. Calls for the acceleration of the screening process and the timely organisation of subsequent intergovernmental conferences, where negotiations on Cluster 1 on Fundamentals should be initiated; calls for the EU to adequately support accession-related reforms by developing robust and adaptable financial instruments tailored to the Republic of Moldova’s specific needs with a view to effectively addressing its economic and structural challenges, and ensuring the country remains resilient and capable of implementing the necessary reforms throughout its EU accession process; urges the acceleration of Moldova’s gradual integration into the EU and the single market by allowing participation in new initiatives and EU programmes, which will deliver tangible socio-economic benefits in specific areas even before the country formally joins the EU; reiterates its call, in this regard, for the EU to take swift and significant steps towards the permanent liberalisation of its tariff-rate quotas;

    10. Calls for more consistent support for the Republic of Moldova in its EU accession process, including increased technical assistance by sending additional EU advisors to the Moldovan authorities, as a contribution to strengthening capacity-building;

    11. Calls for the adoption of a new growth plan for the Republic of Moldova so as to adequately finance and support Moldova in achieving economic convergence with the EU; believes that this plan should finance investments in infrastructure, human capital and the digital and green transitions, facilitating sustainable economic growth;

    12. calls on the Commission, in this regard, to include the Republic of Moldova in the Instrument for Pre-accession Assistance and to prioritise funding for candidate countries in its proposal for the next multiannual financial framework (2028-2034), ensuring the path towards EU membership;

    13. Welcomes the Republic of Moldova’s significant progress in implementing EU accession-related reforms and encourages the Moldovan authorities to continue the ambitious reforms on democracy and the rule of law; calls for the EU and its Member States to prioritise and allocate additional resources to efforts to support the rule of law and anti-corruption reforms in the Republic of Moldova in order to address vulnerabilities, including those related to corruption in the security sector, justice system, public administration and media, which could enable Russian interference and disinformation; encourages the Moldovan Government to continue working with all stakeholders towards a sustainable and comprehensive justice and anti-corruption reform, in line with EU and Venice Commission recommendations;

    14. Underlines the importance of advancing the country’s reform process in order to improve living standards, particularly for vulnerable groups, and to provide the younger generations with attractive prospects for life and work in the country, thereby increasing societal resilience to hybrid attacks and reducing the number of citizens seeking better living conditions elsewhere in Europe; highlights the need for the social acquis to be better represented in the Commission’s assessments and recommendations;

    15. Reiterates its support for stronger cooperation on security and defence policy between the EU and the Republic of Moldova; commends the Republic of Moldova for becoming the first country to sign a security and defence partnership with the EU and calls for this partnership to be put into practical action; calls for the EU to progressively include the Republic of Moldova in upcoming legislative initiatives and programmes relating to European security and defence; supports the continued work under the High-Level Political and Security Dialogue between the EU and the Republic of Moldova to enhance cooperation on foreign and security policy;

    16. Calls on the Member States to increase the European Peace Facility’s funding for the Republic of Moldova to further enhance the country’s defence capabilities;

    17. Reiterates its call for the EU and its Member States to continue supporting the efforts of the Moldovan authorities to maintain macroeconomic stability and enhance its energy security by supporting the construction of new electricity interconnections with neighbouring countries; calls for the EU and its Member States to financially support energy efficiency and renewable energy projects as a clean and sustainable way of reducing Moldova’s energy demand and diversifying its supply, while ensuring energy affordability, in particular for the most vulnerable groups;

    18. Urges the EU and its Member States to further strengthen cooperation with Moldova through targeted measures in order to enhance the country’s resilience to hybrid threats, including by improving strategic communications about the EU, supporting journalists and civil society in countering disinformation, promoting independent Russian-language media content and enhancing public information literacy; calls for additional resources and technical know-how to assist the Moldovan Government’s strategic communications, internal coordination and capacity-building against hybrid attacks and disinformation; commends the efforts of Moldovan civil society in supporting the Moldovan Government’s fight against disinformation and promoting democratic values; calls on the Commission and the Member States to continue supporting media literacy and media independence, as well as the strengthening of Moldova’s critical digital infrastructure, including through the replacement of Russian-origin information and communications technology systems; calls for the EU and its Member States to expand and intensify their direct engagement with Moldovan citizens by including them in various EU and bilateral programmes and projects, such as citizen consultations, and to foster people-to-people connections;

    19. Calls on the Commission to assist the Moldovan Government in putting pressure on social media platforms to address disinformation effectively;

    20. Instructs its President to forward this resolution to the Council, the Commission, the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, the governments and parliaments of the Member States, the President, Government and Parliament of the Republic of Moldova, the United Nations, the Organization for Security and Co-operation in Europe, the Council of Europe and the Russian authorities.

     

     

    MIL OSI Europe News

  • MIL-OSI Canada: Statement by the Prime Minister on Dr. Geoffrey E. Hinton being awarded the 2024 Nobel Prize in Physics

    Source: Government of Canada – Prime Minister

    The Prime Minister, Justin Trudeau, today issued the following statement on British-Canadian physicist Dr. Geoffrey E. Hinton being awarded the 2024 Nobel Prize in Physics:

    “I join Canadians and the international science community to congratulate Dr. Geoffrey E. Hinton on being named the 2024 Nobel Prize laureate in Physics.

    “World-renowned for his discoveries and inventions in artificial neural networks, Dr. Hinton is being recognized for his work alongside his American colleague Dr. John Hopfield. Their work is revolutionizing the way we understand, interact, and adapt to artificial intelligence (AI). With his Nobel Prize win, Dr. Hinton is now the seventh Canadian to receive this prestigious award.

     “Dr. Hinton is a stalwart in his field. Celebrated as one of the ‘Godfathers of AI’, he brings decades of leading expertise in AI research as a professor Emeritus at the University of Toronto’s Department of Computer Science, and the current Chief Scientific Advisor at the Vector Institute in Toronto – one of our three national AI institutes.

    “Dr. Hinton is also an outspoken advocate for the responsible development and adoption of AI, educating the world about the benefits and challenges this technology poses.

    “Canada is at the forefront of AI technology thanks to trailblazers like Dr. Hinton. His curiosity for discovery and contributions to innovation will inspire generations to come. On behalf of all Canadians, I congratulate him on his remarkable achievement.”

    MIL OSI Canada News

  • MIL-OSI: Athene Prices $600 Million Junior Subordinated Debentures Offering

    Source: GlobeNewswire (MIL-OSI)

    WEST DES MOINES, Iowa, Oct. 07, 2024 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”) today announced it has agreed to sell $600 million aggregate principal amount of 6.625% fixed-rate reset junior subordinated debentures due 2054. The offering is expected to close on October 10, 2024, subject to satisfaction of customary closing conditions.

    Athene intends to use the net proceeds from the offering for general corporate purposes, which may include the future redemption or repurchase of its $600,000,000 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Series C Preferred Stock. This press release does not constitute a notice of redemption with respect to, or an offer to purchase, any securities.

    Wells Fargo Securities, BofA Securities, Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the offering. Apollo Global Securities, BMO Capital Markets, BNP PARIBAS, Ramirez & Co., Inc., SOCIETE GENERALE, Siebert Williams Shank and SMBC Nikko are acting as co-managers for the offering.

    The debentures are being offered pursuant to an effective shelf registration statement that has previously been filed with the Securities and Exchange Commission (the “SEC”). This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of 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. Any offer, or solicitation to buy, if at all, will be made solely by means of a prospectus and related prospectus supplement filed with the SEC. You may obtain these documents without charge from the SEC at http://www.sec.gov. Alternatively, you may request copies of these materials from the joint book-running managers by contacting Wells Fargo Securities, LLC toll-free at (800) 645-3751, BofA Securities, Inc. toll-free at (800) 294-1322, Goldman Sachs & Co. LLC toll-free at (866) 471-2526 or Morgan Stanley & Co. LLC toll-free at (866) 718-1649.

    About Athene

    Athene is a leading retirement services company with $330 billion of total assets as of June 30, 2024, and operations in the United States, Bermuda, Canada, and Japan. Athene is focused on providing financial security to individuals by offering an attractive suite of retirement income and savings products and also serves as a solutions provider to corporations.

    Forward-Looking Statements

    This press release contains, and certain oral statements made by Athene’s representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks, uncertainties and assumptions that could cause actual results, events and developments to differ materially from those set forth in, or implied by, such statements. These statements are based on the beliefs and assumptions of Athene’s management and the management of Athene’s subsidiaries. Generally, forward-looking statements include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” “should,” or “continues” or similar expressions. Forward-looking statements within this press release include, but are not limited to, statements regarding Athene’s expectations regarding the completion of, and the use of proceeds from, the sale of the debentures, future growth prospects and financial performance. Although Athene management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to be correct. For a discussion of other risks and uncertainties related to Athene’s forward-looking statements, see its annual report on Form 10-K for the year ended December 31, 2023 and its quarterly report on Form 10-Q for the quarter ended June 30, 2024, which can be found at the SEC’s website http://www.sec.gov. All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

    Contact:

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

    The MIL Network

  • MIL-OSI USA: Rep. Robin Kelly Attends Unveiling of Herscher Community Unit School District’s Electric School Bus Barn

    Source: United States House of Representatives – Congresswoman Robin Kelly IL

    Illinois Second Congressional District leads state in school bus electrification.

    HERSCHER, Ill. – Today, Congresswoman Robin Kelly (IL-02) attended the unveiling of a state-of-the-art electric school bus barn for Herscher Community Unit School District No. 2 (CUSD No. 2). This project stands as the largest electric school bus deployment effort in Illinois to date.

    The school district’s new bus barn has been specifically designed to accommodate its electric fleet with charging infrastructure. Herscher’s recently acquired a brand-new fleet of 25 all-electric LionC school buses from The Lion Electric Company (NYSE: LEV) (TSX: LEV), a leading manufacturer of all-electric medium and heavy-duty urban vehicles.

    The bus depot also features a solar array, which will help offset the facility’s new energy consumption. It is expected to generate approximately 773,000 kilowatt-hours annually.

    “I’m thrilled that the largest effort in Illinois to replace old school buses with new electric buses is happening right here in my district. The new charging station and 25 zero-emission buses will have a long-term impact on our children’s health and environment,” said Congresswoman Robin Kelly (IL-02). “Our children will breathe better, and their future environment will be better protected because of these new electric buses. I can think of no better investment for our children’s future – for their education, health, and environment.”

    Rep. Kelly also received an award from Madeleine Féquière, the Consul General of Canada in Chicago, in recognition of Illinois Second Congressional District’s trade with Canada. Rep. Kelly’s district has over $1 billion in annual trade with Canada.

    “This initiative positions Herscher CUSD No. 2 at the forefront of sustainability efforts in Illinois, offering eco-friendly, safe, and efficient transportation for our 1,800 students,” said Dr Richard S. Decman, Superintendent of Herscher CUSD No. 2. “This marks a new era in student transportation, where safety, sustainability, and innovation go hand in hand. Thanks to the expert guidance from Lion, we were supported in every step of the way to ensure the success of this project.”

    “Herscher School District is a prime example of the impact dedicated federal investments into clean energy can have on school districts across the country, regardless of zip code,” said Nate Baguio, Senior Vice-President of Commercial Development at Lion Electric. “Herscher’s transition to electric school buses is not just a significant step for the district, but a clear demonstration of how it’s possible to lead the charge toward zero-emission transportation. We are proud to have partnered with Herscher to make this vision a reality.”

    “ComEd is proud to power the new all-electric buses at Herscher School District, which is demonstrating how to use clean energy technology to drive down emissions in pursuit of a cleaner, more resilient future for their students and broader community,” said Louie Binswanger, SVP of Governmental, Regulatory and External Affairs at ComEd. “With EVs on the rise in northern Illinois, ComEd remains committed to working with our communities and partners across the state to ensure the grid is prepared to reliably meet the demands of our customers today, and well into the clean energy future of tomorrow.”

    “With plans underway to integrate complementary solar energy projects alongside its electric bus infrastructure, Herscher CUSD No. 2 is setting a new standard for school districts across Illinois,” said Ana Diaz-Puskar, Head of Illinois Public Sector at ForeFront Power. “It’s an honor to serve as the district’s solar partner in its journey toward zero-emission transportation and long-term energy savings.”

    The LionC buses, capable of traveling up to 125 miles on a single charge, represent the district’s commitment to student health and reducing carbon emissions while modernizing its transportation infrastructure. Those buses are fully assembled by Lion at its Joliet, Illinois, facility. Attendees at the unveiling event also had the opportunity to participate in a Ride and Drive experience, offering a firsthand look at the smooth, quiet operation of these electric buses.

    The acquisition of the buses was made possible in part by the EPA’s Clean School Bus Program, which is allocating $5 billion over five years to help school districts across the United States transition to electric school buses.

    MIL OSI USA News

  • MIL-OSI Security: Philippine Navy and U.S. Navy commence Sama Sama 2024

    Source: United States INDO PACIFIC COMMAND

    The U.S. Navy, ​U.S. ​Marine Corps, Armed Forces of the Philippines​, and allied forces commenced the eighth iteration of Exercise Sama Sama in the vicinity of Subic Bay, the ​Republic of the ​Philippines, marking the beginning of two weeks of maritime engagements designed to enhance interoperability and strengthen security ties among regional partners, Oct. 7.

    ​​Sama Sama 2024, part of the Cooperation Afloat Readiness and Training (CARAT) series, builds on the legacy of ​previous maritime ​collaboration​,​ ​expanding its​ scope of operations​ with​​ both shore and sea phases​.​ ​Participants ​will engage ​​in specialized training across a wide range of disciplines, including medicine, legal operations, engineering, logistics, and public affairs. ​

    “This exercise has evolved significantly since its inception. What began as a bilateral event between the United States and the Philippines has grown into a multilateral and multiplatform operation, bringing together like-minded partners from across the Indo-Pacific,” said the U.S. Head of Delegation, Rear Adm. Todd Cimicata, Commander Logistics Western Pacific, and Task Force 73. “This development highlights the strength of our alliances and our shared commitment to peace, security, and cooperation in the maritime domain and it’s never been more important.”

    ​​Working alongside naval vessels and maritime surveillance aircraft, ​​​​specialized teams​, including ​diving and explosive ordnance disposal units​,​​ ​will conduct high-intensity drills focusing on anti-submarine warfare​, ​anti-​surface warfare​, ​anti-​air warfare​, and maritime domain awareness.

    “Sama Sama”​,​ which means “togetherness​” ​in Tagalog, reflects ​​the spirit of the decades-long partnership between allies in the region. Sama Sama 2024, a Philippine-U.S. bilateral exercise with invited allied and partner participants, continues to evolve in both complexity and scope into a more sophisticated and multinational environment with each iteration.
    This year​’s​ ​exercise includes participants from ​Australia, Japan, Canada, France​, and​ Japan, representing a collective ​commitment ​to stability and security in the Indo-Pacific region.

    “Today we witness the deepening of ties between the Philippine Navy and the U.S. Navy along with our partners from Australia, Canada, France, United Kingdom, and Japan” said the Philippine Navy Head of Delegation, Rear Adm. Jose Ma. Ambrosio Ezpeleta, Vice Commander of the Philippine Navy. “This exercise is a powerful investment for our collective movement and an opportunity to address regional challenges together.”

    ​​Participating assets​ from the United States​ include the​ Navy’s​ Arleigh Burke-class guided-missile destroyer USS Howard (DDG 83), and a P-8A Poseidon ​maritime surveillance aircraft​.​ ​P​​ersonnel from ​U.S. 7th Fleet​;​ Command Task Forces (CTF) 76, 75 and 72​;​ Command, Destroyer Squadron Seven (DESRON 7)​;​ and the Marine Corps’ ​​Marine Rotational Force​ – Southeast Asia​ (MRF-SEA)​​,​​ are also taking part in Sama Sama 2024​.​

    From partner nations, we welcome the Philippine Navy’s BRP Jose Rizal (FF 150)​;​ BRP Waray (LC-288)​;​​ BRP Nestor Reinoso (PC 380)​;​​ a Force Reconnaissance Group, Naval Special Operations Unit 2​;​ and supporting units ​that include​ a medical and media team. ​The Royal Canadian Navy​ will bring the Halifax-class frigate ​​HMCS Vancouver (FFH 331) and a CH-148 Cyclone helicopter​. A​ ​Japa​n Maritime Self-Defense Force​Shin Maywa US-2 amphibious aircraft and Kawasaki P-1 maritime patrol aircraft​ ​​are​​​ also participating.

    “Through exercises like Sama Sama, we continue to improve our interoperability and our readiness while deepening our understanding of each other’s capabilities. This exercise reflects our enduring partnership—one built on trust, shared values, and mutual defense,” said Cimicata. “Together, we will refine our ability to respond to natural disasters, maritime threats, and humanitarian crises, while ensuring the safety and security of this vital region.

    This year marks the 30th iteration of CARAT, a multinational exercise series designed to enhance U.S. and partner navies’ abilities to operate together in response to traditional and non-traditional maritime security challenges in the Indo-Pacific region.

    As the U.S. Navy’s forward-deployed DESRON in Southeast Asia, DESRON 7 serves as the primary tactical and operational commander of littoral combat ships rotationally deployed to Singapore​. DESRON 7 also​​ functions as ​the ​​​CTF ​​76 Sea Combat

    ​​Commander and​ builds partnerships through training exercises and military-to-military engagements as the executing agent of Commander, Task Group CARAT.

    ​​U.S. ​7th Fleet is the​ ​Navy’s largest forward-deployed numbered fleet, and routinely interacts and operates with allies and partners in preserving a free and open Indo-Pacific region.

    MIL Security OSI

  • MIL-OSI Economics: Targeted Policies for Digital Creative Industries Can Drive Economic Growth in Asia and Pacific

    Source: Asia Development Bank

    MANILA, PHILIPPINES (8 October 2024) — Coherent national strategies that develop talent and expand digital creative industries can help developing countries tap into the global creative economy, generating high-quality jobs that contribute to economic growth, according to a new report published today by the Asian Development Bank (ADB).

    “Digital disruption of creative industries can present huge economic potential in Asia and the Pacific,” said ADB Director General for Climate Change and Sustainable Development Bruno Carrasco about the launch of A Review of Digital Creative Industries in Asia: Opportunities and Policies to Foster Growth and Create High-Quality Jobs.

    “Yet the policy environment does not always allow creatives to thrive and connect with the global value chain,” added Mr. Carrasco. “This report can help industry and policy makers shape Asia and the Pacific’s digital creative industries, foster opportunities to bridge the region’s rich cultural heritage with the rest of the world and drive economic growth.”

    Based on more than 40 interviews with key individuals across India, Indonesia, Thailand, and Viet Nam—including with industry associations and creative professionals in the film, gaming and music industries—the report highlights opportunities for emerging countries to boost their digital creative industries, assess domestic talent development, and encourage policies that create high-quality jobs.

    While there is strong demand from global entertainment companies to produce local content and work with local talent, there are not enough skilled local producers, screenwriters, and programmers. To address this, the report recommends that governments and industry define the essential knowledge and skills required to perform different creative roles, build lifelong training systems, incentivize businesses to upskill their workers, and improve creative industry working standards.

    Such long-term strategies have helped creative powerhouses—such as Canada, the Republic of Korea, Singapore, and the United Kingdom—to grow their domestic talent pools and attract foreign investment. The report distills key lessons from these countries that can help guide policymakers aiming to develop creative industries.

    Another barrier identified is a severe lack of funding in the four countries examined in South and Southeast Asia. This limits the potential for local film producers, game developers, and musicians to grow, even as high-speed internet, streaming platforms, and portable devices have enabled them to reach much wider audiences.

    Establishing structured funding facilities, including loans, credit guarantees, grants, and venture capital financing, can transform creative ideas into concrete projects, according to the report. With sufficient support from the government or through public–private collaboration, these businesses can be provided with a financial safety net to innovate.

    The report was produced with support from Netflix, the video entertainment streaming service. As ADB’s knowledge partner, Netflix provided experts to be interviewed for the report and enabled access to key stakeholders in the digital creative industry. The work on the report is part of the two organizations’ ongoing collaboration to generate knowledge and boost Asia and the Pacific’s creative industries.
        
    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Economics

  • MIL-OSI: ICG : Notification of Major Holdings

    Source: GlobeNewswire (MIL-OSI)

    TR-1: Standard form for notification of major holdings

    1. Issuer Details
    ISIN
    GB00BYT1DJ19
    Issuer Name
    INTERMEDIATE CAPITAL GROUP PLC
    UK or Non-UK Issuer
    UK
    2. Reason for Notification
    An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments
    3. Details of person subject to the notification obligation
    Name
    BlackRock, Inc.
    City of registered office (if applicable)
    Wilmington
    Country of registered office (if applicable)
    USA
    4. Details of the shareholder
    Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

    City of registered office (if applicable)

    Country of registered office (if applicable)

    5. Date on which the threshold was crossed or reached
    04-Oct-2024
    6. Date on which Issuer notified
    07-Oct-2024
    7. Total positions of person(s) subject to the notification obligation

    . % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer
    Resulting situation on the date on which threshold was crossed or reached Below 5% Below 5% Below 5% Below 5%
    Position of previous notification (if applicable) 4.950000 0.260000 5.210000  

    8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
    8A. Voting rights attached to shares

    Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1)
    GB00BYT1DJ19   Below 5%   Below 5%
    Sub Total 8.A Below 5% Below 5%

    8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

    Type of financial instrument Expiration date Exercise/conversion period Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights
    Securities Lending     Below 5% Below 5%
    Sub Total 8.B1   Below 5% Below 5%

    8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

    Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights
    CFD     Cash Below 5% Below 5%
    Sub Total 8.B2   Below 5% Below 5%

    9. Information in relation to the person subject to the notification obligation
    2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

    Ultimate controlling person Name of controlled undertaking % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
    BlackRock, Inc. (Chain 1) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 1) Trident Merger, LLC      
    BlackRock, Inc. (Chain 1) BlackRock Investment Management, LLC      
    BlackRock, Inc. (Chain 2) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 2) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 2) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 2) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 2) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 2) BlackRock Holdco 3, LLC      
    BlackRock, Inc. (Chain 2) BlackRock Cayman 1 LP      
    BlackRock, Inc. (Chain 2) BlackRock Cayman West Bay Finco Limited      
    BlackRock, Inc. (Chain 2) BlackRock Cayman West Bay IV Limited      
    BlackRock, Inc. (Chain 2) BlackRock Group Limited      
    BlackRock, Inc. (Chain 2) BlackRock Finance Europe Limited      
    BlackRock, Inc. (Chain 2) BlackRock Investment Management (UK) Limited      
    BlackRock, Inc. (Chain 3) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 3) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 3) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 3) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 3) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 3) BlackRock Australia Holdco Pty. Ltd.      
    BlackRock, Inc. (Chain 3) BlackRock Investment Management (Australia) Limited      
    BlackRock, Inc. (Chain 4) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 4) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 4) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 4) BlackRock Holdco 4, LLC      
    BlackRock, Inc. (Chain 4) BlackRock Holdco 6, LLC      
    BlackRock, Inc. (Chain 4) BlackRock Delaware Holdings Inc.      
    BlackRock, Inc. (Chain 4) BlackRock Institutional Trust Company, National Association      
    BlackRock, Inc. (Chain 5) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 5) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 5) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 5) BlackRock Holdco 4, LLC      
    BlackRock, Inc. (Chain 5) BlackRock Holdco 6, LLC      
    BlackRock, Inc. (Chain 5) BlackRock Delaware Holdings Inc.      
    BlackRock, Inc. (Chain 5) BlackRock Fund Advisors      
    BlackRock, Inc. (Chain 6) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 6) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 6) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 7) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 7) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 7) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 7) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 7) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 7) BlackRock (Singapore) Holdco Pte. Ltd.      
    BlackRock, Inc. (Chain 7) BlackRock HK Holdco Limited      
    BlackRock, Inc. (Chain 7) BlackRock Asset Management North Asia Limited      
    BlackRock, Inc. (Chain 8) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 8) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 8) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 8) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 8) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 8) BlackRock Holdco 3, LLC      
    BlackRock, Inc. (Chain 8) BlackRock Cayman 1 LP      
    BlackRock, Inc. (Chain 8) BlackRock Cayman West Bay Finco Limited      
    BlackRock, Inc. (Chain 8) BlackRock Cayman West Bay IV Limited      
    BlackRock, Inc. (Chain 8) BlackRock Group Limited      
    BlackRock, Inc. (Chain 8) BlackRock Finance Europe Limited      
    BlackRock, Inc. (Chain 8) BlackRock (Netherlands) B.V.      
    BlackRock, Inc. (Chain 8) BlackRock Asset Management Deutschland AG      
    BlackRock, Inc. (Chain 9) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 9) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 9) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 9) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 9) BlackRock Canada Holdings ULC      
    BlackRock, Inc. (Chain 9) BlackRock Asset Management Canada Limited      
    BlackRock, Inc. (Chain 10) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 10) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 10) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 10) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 10) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 10) BlackRock Holdco 3, LLC      
    BlackRock, Inc. (Chain 10) BlackRock Cayman 1 LP      
    BlackRock, Inc. (Chain 10) BlackRock Cayman West Bay Finco Limited      
    BlackRock, Inc. (Chain 10) BlackRock Cayman West Bay IV Limited      
    BlackRock, Inc. (Chain 10) BlackRock Group Limited      
    BlackRock, Inc. (Chain 10) BlackRock Finance Europe Limited      
    BlackRock, Inc. (Chain 10) BlackRock Advisors (UK) Limited      

    10. In case of proxy voting
    Name of the proxy holder

    The number and % of voting rights held

    The date until which the voting rights will be held

    11. Additional Information
    BlackRock Regulatory Threshold Reporting Team

    Jana Blumenstein

    020 7743 3650
    12. Date of Completion
    07th October 2024
    13. Place Of Completion
    12 Throgmorton Avenue, London, EC2N 2DL, U.K.

    The MIL Network

  • MIL-OSI: Nasdaq Launches PureStream in Europe – A new tool for trajectory trading

    Source: GlobeNewswire (MIL-OSI)

    STOCKHOLM, Oct. 08, 2024 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced the planned launch of PureStream, a new volume-based trajectory trading solution giving clients access to EU shares on Nasdaq Europe*. PureStream is already available in the US and Canada and is expected to launch on Nasdaq Europe in Q1 2025, pending regulatory approval.

    PureStream on Nasdaq Europe is designed to offer clients a venue-operated service for trajectory trading with conditional indications of interests, favoring interactions between institutional investors with a common execution goal, while enabling access to latent algorithmic liquidity in line with each strategy’s volume goals.

    “PureStream and Nasdaq have a strong partnership,” said Armando Diaz, CEO of PureStream. “We are fully committed to advancing streaming globally, and we are very excited about Nasdaq’s introduction of PureStream in Europe which marks a significant milestone.”

    The solution significantly improves the process of price and liquidity discovery by using open-ended liquidity transfer rates. This allows institutional investors to minimize market impact and utilize conditional trade negotiation to automate their parent order execution by trading a percentage of the market’s future volume at the market’s volume-weighted-average-price (VWAP).

    “We are very excited to bring PureStream to Nasdaq Europe,” said Nikolaj Kosakewitsch, Senior Vice President and Head of European Equities & Derivatives at Nasdaq. “This launch underscores our commitment to offering world-class platforms that support the evolving needs of the global capital markets. PureStream on Nasdaq Europe will provide greater choice of trade execution mechanisms to our clients and help institutional investors navigate the European trading landscape.”

    PureStream on Nasdaq Europe is designed to offer a new tool to buy- and sell-side trading firms when executing long-term trajectory orders by pairing trading interests in open-ended streaming batches. This removes traders’ reliance on sourcing liquidity on a single point-in-time basis and drives better execution outcomes when working larger trading interest over time.

    Nasdaq remains dedicated to driving innovation and excellence in the financial industry. The introduction of PureStream services to Nasdaq European markets, marks a significant step towards achieving this goal, reinforcing Nasdaq’s position as a leader in technology solutions for the global economy.

    For more information about PureStream on Nasdaq Europe, please visit our website.

    * For the purposes of this release Nasdaq Europe refers to, either each individually or all together, markets operated by Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd and Nasdaq Stockholm AB

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at http://www.nasdaq.com.

    Media Contacts

    Nasdaq
    Helle Mayor
    Phone: +45 9132 4030
    Helle.mayor@nasdaq.com

    -NDAQG-

    The MIL Network

  • MIL-OSI: Himax Technologies, Inc. Schedules Third Quarter 2024 Financial Results Conference Call on Thursday, November 7 at 8:00 AM EST

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan, Oct. 08, 2024 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, November 7 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company’s third quarter 2024 financial results.

    HIMAX TECHNOLOGIES THIRD QUARTER 2024 EARNINGS CONFERENCE CALL
    DATE: Thursday, November 7, 2024
    TIME: U.S. 8:00 a.m. EST  
      Taiwan 9:00 p.m.  
     
    Live Webcast (Video and Audio): http://www.zucast.com/webcast/naEJkyEo
    Toll Free Dial-in Number (Audio Only):
      Hong Kong 2112-1444
      Taiwan 0080-119-6666
      Australia 1-800-015-763
      Canada 1-877-252-8508
      China (1) 4008-423-888
      China (2) 4006-786-286
      Singapore 800-492-2072
      UK 0800-068-8186
      United States (1) 1-800-811-0860
      United States (2) 1-866-212-5567
    Dial-in Number (Audio Only):
      Taiwan Domestic Access 02-3396-1191
      International Access +886-2-3396-1191
         
    Participant PIN Code: 1407507 #
       

    If you choose to attend the call by dialing in via phone, please enter the Participant PIN Code 1407507 # after the call is connected. A replay of the webcast will be available beginning two hours after the call on http://www.himax.com.tw. This webcast can be accessed by clicking on this link or Himax’s website, where the webcast can be accessed through November 7, 2025.

    About Himax Technologies, Inc.

    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEye™ Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,683 patents granted and 390 patents pending approval worldwide as of September 30, 2024.

    http://www.himax.com.tw

    Forward Looking Statements

    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2023 filed with the SEC, as may be amended.

    Company Contacts:

    Eric Li, Chief IR/PR Officer
    Himax Technologies, Inc.
    Tel: +886-6-505-0880
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    http://www.himax.com.tw

    Karen Tiao, Investor Relations
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    http://www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email: HIMX@mzgroup.us
    http://www.mzgroup.us

    The MIL Network