NewzIntel.com

Category: Canada

  • MIL-OSI Canada: Government of Canada celebrates National Shipbuilding Strategy milestones at Irving Shipbuilding

    Source: Government of Canada News (2)

    June 26, 2025 – Halifax, Nova Scotia 
     

    Through the National Shipbuilding Strategy (NSS), the Government of Canada is committed to strengthening its sovereign shipbuilding capabilities and supply chains so that the Royal Canadian Navy (RCN) and the Canadian Coast Guard (CCG) are equipped to conduct operations at home and alongside allies in an increasingly complex environment.  

    Today, the Honourable Kody Blois, Parliamentary Secretary to the Prime Minister, on behalf of the Honourable Joël Lightbound, Minister of Government Transformation, Public Works and Procurement, joined Vice-Admiral Angus Topshee, Commander of the RCN, and other dignitaries to celebrate significant progress on the Arctic and offshore patrol ships (AOPS) and River-class destroyers (RCD) being constructed at Irving Shipbuilding Inc. (ISI). The AOPS and RCD are critical NSS initiatives that will bolster Canada’s naval strength and economic resilience for decades to come.

    Parliamentary Secretary Blois commended ISI on its AOPS project achievements. The AOPS project for the RCN will be completed this year, with delivery of the sixth and final ship, the future His Majesty’s Canadian Ship (HMCS) Robert Hampton Gray, anticipated this summer.

    The AOPS project for the CCG is also progressing, with the launch of the first ship, the future Canadian Coast Guard Ship (CCGS) Donjek, anticipated in 2026. Construction of the second ship, the future CCGS Sermilik, continues to advance.

    In addition, ISI is pivoting to the future and ramping up production for the RCD project. Parliamentary Secretary Blois highlighted that full-rate production on the first RCD, the future HMCS Fraser, is now underway, with delivery of this ship anticipated in the early 2030s. The shipyard will continue to integrate lessons learned from the earlier production of an RCD test module, as well as the AOPS project, into the construction process.

    Beyond new ship construction, ISI is supporting the ongoing operational readiness of the RCN’s Halifax-class frigates until the arrival of the RCD. The shipyard is conducting repair and maintenance activities on HMCS Halifax, with anticipated completion next year.

    This year marks the 15th anniversary of the NSS. Since its inception, the strategy has revitalized Canada’s marine industry, fostered innovation and created a skilled workforce. NSS contracts awarded between 2012 and the end of 2024 are estimated to have contributed close to $38.7 billion to Canada’s gross domestic product (GDP) and created or maintained approximately 21,400 jobs annually between 2012 and 2025.

    The Government of Canada remains committed to advancing shipbuilding projects that equip the RCN, the CCG and Transport Canada with modern, capable vessels. The NSS will continue to evolve through the integration of lessons learned and close collaboration with industry partners to continue to deliver important benefits for Canadians.

    MIL OSI Canada News –

  • MIL-OSI Canada: Federal government and the municipality of Casselman invest in Bird’s Eye View Park 

    Source: Government of Canada News (2)

    Casselman, ON, June 26, 2025 — Casselman is developing Bird’s Eye View Park into a welcoming green space with a focus on bird life, after a combined investment of $1,000,000 from the federal government and the municipality. Giovanna Mingarelli, Member of Parliament for Prescott—Russell—Cumberland and Mayor Geneviève Lajoie, were onsite today to make the announcement.

    The park will showcase a bird observatory, a bird sanctuary, a park, and a walking trail on the banks of the Nation River. Bird watchers and photographers will enjoy front-row access to a diverse range of bird life, including rare species, while an accessible walking trail with bilingual signage highlights the park’s wildlife and flora, complemented by cultural and tourist activities that enhance the visitor experience.

    The Bird’s Eye View Park will maintain the biodiversity and natural habitat of the area through activities such as planting native species and removing invasive species and monitoring bird activity, all with the goal of enhancing the local ecosystem to make it more resilient to climate change.

    MIL OSI Canada News –

  • MIL-OSI Canada: CBSA investigation leads to firearm and forgery-related charges for a resident of Markham, Ontario

    Source: Government of Canada News (2)

    June 26, 2025
    Mississauga, ON

    The Canada Border Services Agency (CBSA) announced today that an arrest was made for multiple firearm and forgery-related offences following an investigation led by the Ontario Firearms Smuggling Enforcement Team (OFSET). The OFSET is comprised of CBSA Investigators, Intelligence Analysts, and Intelligence Officers dedicated to investigating firearms smuggling throughout the province.

    In the Spring of 2025, Border Services Officers at the CBSA’s International Mail Processing Centres in Montreal, Quebec and Mississauga, Ontario intercepted and seized a number of parcels imported from the United States, destined to an address in Markham, Ontario. The parcels contained a variety of firearms parts as well as personal identification documents and licenses, at least one of which appeared to be fraudulent.

    On June 17, 2025, CBSA Investigators arrested Wei Xu (42) of Markham, Ontario and charged him with Customs Act offences, which included smuggling and evading compliance, and the Criminal Code offence of using a forged document.

    A subsequent search of Xu’s vehicle revealed other firearms and prohibited devices, including a SKS rifle, an over capacity cartridge magazine loaded with ammunition, other cartridge magazines, and a box of ammunition. CBSA Investigators later executed a search warrant at Xu’s residence in Markham where an airsoft gun, additional prohibited firearms, and ammunition were discovered and seized—including a handgun and two fire control units.

    In total, Xu was charged with 10 offences contrary to the Customs Act and the Criminal Code: 

    • 1 count of evading compliance with the Customs Act, s. 153(c) Customs Act
    • 1 count of smuggling, s. 159(1) Customs Act
    • 2 counts of using a forged document, s. 368(1)(a) & 368(1)(b) Criminal Code
    • 3 counts of possession of non-restricted, prohibited and restricted firearms knowing not a holder of a licence, s. 92(1) of the Criminal Code
    • 1 count of possession of a prohibited device knowing not a holder of a licence, s. 92(2) of the Criminal Code
    • 1 count of occupying a motor vehicle knowing a firearm was in vehicle, s. 94 Criminal Code
    • 1 count of manufacturing a prohibited firearm, s. 99 Criminal Code

    These charges have not yet been tested in court. 

    MIL OSI Canada News –

  • MIL-OSI Canada: Minister Thompson to announce investment in small craft harbour revitalization

    Source: Government of Canada News

    Torbay, NL – The Honourable Joanne Thompson, Minister of Fisheries, will make an announcement about an investment in small craft harbours to support the region’s economy and culture by boosting commercial fisheries.

    Date:                Friday, June 27, 2025
    Time:               9:30AM (NDT)
    Location:         Fiddler’s Gosse & Jennings Stage
                             Intersection of Lower Street and The Battery
                             Torbay, NL

    Registration: Media wishing to attend the press conference should email DFO.NLMedia-MediasTNL.MPO@dfo-mpo.gc.ca to confirm attendance.         

    MIL OSI Canada News –

  • MIL-OSI: Real Matters to Announce Third Quarter Fiscal 2025 Financial Results on July 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Real Matters Inc. (“Real Matters”), a leading network management services provider for the mortgage lending and insurance industries, will announce its third quarter fiscal 2025 financial results via news release on Thursday, July 31, 2025, before market open.

    Conference Call and Webcast         
    A conference call to review the results will take place at 10:00 a.m. (ET) on Thursday, July 31, 2025, hosted by Chief Executive Officer Brian Lang and Chief Financial Officer Rodrigo Pinto. An accompanying slide presentation will be posted to the Investor Relations section of our website shortly before the call.

    Conference call dial-in:

    • Participants can dial-in to the conference call; however, pre-registration is required. To register, visit: https://register-conf.media-server.com/register/BI798e8af4ea274111bfa0efe3766760a2.
    • Once registered, you will receive an email including dial-in details and a unique access code required to join the live call.
    • Please ensure you have registered at least 10 minutes prior to the conference call start time.

    To listen to the live webcast of the call:

    The webcast will be archived and a transcript of the call will be available in the Investor Relations section of our website following the call.

    About Real Matters
    Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title and mortgage closing services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

    For more information:
    Lyne Beauregard
    Vice President, Investor Relations and Corporate Communications
    Real Matters
    lbeauregard@realmatters.com
    416.994.5930

    The MIL Network –

  • MIL-OSI Canada: The Government of Canada announces funding for the Festival International de Jazz de Montréal as it celebrates its 45th anniversary this summer

    Source: Government of Canada News

    MONTRÉAL, June 26, 2025

    The Honourable Steven Guilbeault, Minister of Canadian Identity and Culture and Minister responsible for Official Languages, today announced funding for the 45th edition of the Festival International de Jazz de Montréal.

    Totalling $700,000, the funding will enable the Festival International de Jazz de Montréal—one of the world’s largest musical events—to once again present a lineup full of exciting discoveries, showcasing both established and emerging talented artists.

    Through its impressive lineup of shows—most of them free and presented in the Quartier des spectacles—the Festival International de Jazz de Montréal attracts more than 1.2 million participants each year for unique performances.

    The federal government is proud to support our country’s cultural scene, which makes Canada strong and our communities vibrant, and to help our artists and culture shine at home and internationally. 

    MIL OSI Canada News –

  • MIL-OSI: Rising Demand for Drones for Commercial & Military Applications Becoming a Booming Revenue Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 26, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Unmanned Aerial Vehicle (UAV) imagery service providers have been offering innovative opportunities for businesses in the construction & agriculture industries and widening their potential application base to enable predictive and actuation capabilities. These capabilities offer significant advantages, such as quality improvements, risk mitigation, and cost reduction, thereby providing a competitive advantage to adopters. Drones and their sensors provide companies with significant data, multiplying applications and capabilities within their business processes. Analyzing the obtained information improves predictive/preventive maintenance and operational intelligence. Companies increasingly adopt data management platforms to process and analyze information for detecting and classifying notable events and creating reports. A report from Grand View Research said that the global drone data services market size is anticipated to grow at a CAGR of 39.0% through 2030. The market growth is attributed to the increasing need for drone information analysis amongst businesses worldwide to perform various critical tasks remotely, such as automated mapping, cadastral surveying, corridor surveying, volumetric calculations, and LiDAR mapping. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), AeroVironment, Inc. (NASDAQ: AVAV), AIRO Group Holdings, Inc. (NASDAQ: AIRO), EHang Holdings Limited (NASDAQ: EH).

    The Grand View Research report said: “Drone data service providers are expected to gain prominence by empowering companies globally to utilize UAV imagery better. This can be achieved by converting it into actionable information in simple 3D models, Digital Elevation Models (DEMs), and orthomosaic maps. An increasing number of companies are now seeking to enter the UAV software space and develop software to provide aerial imagery analysis and mapping solutions for the commercial sector. Businesses worldwide are increasingly using drones across a wide range of industries. Farmers are utilizing maps generated with drone software to identify areas of damage & crop variation, diagnose the potential causes for damages, such as pests, equipment malfunctioning, and irrigation problems, and prescribe solutions such as variable-rate nitrogen applications. The 3D modeling & DEM segment is expected to grow at the fastest CAGR of 40.5% during the forecast period. The advancements in drone technology have enabled the collection of high-resolution aerial data, which can be processed to create detailed and precise 3D models and DEMs. It has significantly enhanced the accuracy and efficiency of data analysis and decision-making processes in industries that rely on geospatial information.”

    ZenaTech (NASDAQ:ZENA) Signs Offer to Acquire North Carolina Land Surveying Company to Expand State Operations and Government Customers – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, announces it has signed an offer to acquire a well-established North Carolina-based land surveying company with a strong government customer base. The proposed acquisition expands operations in the state when combined with a previously announced proposed land survey acquisition with operations in North Carolina. With over three decades of success serving government agencies, municipal governments, construction companies, and real estate developers, this strategic acquisition would significantly advance the company’s regional market penetration as well as growth in the US Southeast.

    “This proposed acquisition aligns with our strategy to build a robust, scalable, national Drone as a Service business while empowering strong regional and local hubs and recurring revenue opportunities,” said Shaun Passley, Ph.D., ZenaTech CEO. “We plan to embed AI-powered drone technology into critical land survey workflows providing unparalleled speed and precision. Land surveys are a first step to innovating multiple legacy businesses and inefficient processes with our DaaS model and our drones.”

    The land survey company offers comprehensive services include boundary surveys, topographic and site planning surveys, ALTA (American Land Title Association) / ACSM (American Congress on Surveying and Mapping) surveys, construction staking, and other essential survey solutions for permitting, financing, and construction across city, county, and commercial sectors.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed five acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete 20 more acquisitions in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that its subsidiary, American Robotics Inc., has entered into a strategic partnership with Mistral Inc. (“Mistral”), a Maryland-based business development and defense contracting firm. The agreement focuses on joint marketing, sales, and integration of the Optimus drone system and Iron Drone Raider into the United States defense and homeland security markets.

    Under the agreement, Mistral will support American Robotics’ business development by opening sales channels through its well-established relationships with U.S. governmental buyers, including federal, state, local law enforcement, military, and homeland security entities. The initial term of the agreement is three years, with an automatic renewal option and a structured success fee model based on realized sales.

    AeroVironment, Inc. (NASDAQ: AVAV) (“AeroVironment” or the “Company”) recently reported financial results for the fiscal fourth quarter and year ended April 30, 2025.

    Fourth Quarter and Fiscal Year Highlights Were: Record fourth quarter revenue of $275.1 million and fiscal year revenue of $820.6, up 40% and 14% year-over-year, respectively; Fourth quarter and fiscal year net income of $16.7 million and $43.6 million, respectively and record fourth quarter and fiscal year non-GAAP adjusted EBITDA of $61.6 million and $146.4 million, respectively; and Record fiscal year bookings of $1.2 billion

    “AeroVironment finished out fiscal year 2025 with a remarkable fourth quarter, which included record revenue, significantly higher profits and a robust backlog nearly double that from fiscal year 2024,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “The investments we’ve consistently made in our multi-generational Uncrewed Systems and Loitering Munition Systems products coupled with our strong execution, continue to pay off, as evidenced by significantly higher demand and key strategic wins leading to a record $1.2 billion in total bookings throughout this fiscal year.”

    Nawabi continued, “Our acquisition of BlueHalo further advances our leadership position within the defense-technology sector by adding a complementary portfolio of innovative products and capabilities aligned to our customers’ highest priorities. With integrated solutions across every domain of modern warfare, enhanced innovation and domestic manufacturing scale, we believe we are well positioned to meet the rising demand across the globe and drive strong growth and value creation in fiscal year 2026 and beyond.”

    AIRO Group Holdings, Inc. (NASDAQ: AIRO) recently announced that Company executives, including Executive Chairman and Co-Founder Dr. Chirinjeev Kathuria and CEO and Co-Founder Joe Burns, attended the 55th edition of the Paris Air Show, which took place from June 16 to June 22, 2025, in Paris, France.

    Shares of AIRO common stock began trading on the Nasdaq Global Market under the ticker symbol “AIRO” on June 13, 2025. AIRO’s market debut comes amid strong historical financial performance for the Company and underscores its commitment to an integrated portfolio of cutting-edge technologies, including the development of fully autonomous AI-enabled surveillance drones, eVTOL hybrid and electric cargo aircraft, advanced avionics systems and comprehensive flight operations training solutions. In 2024, AIRO achieved over $86 million in revenue, reflecting growth of more than 100% from the previous year. This increase is attributed to an increase in drone shipments and support revenue driven by market entry strategies to target NATO member countries.

    “The strength of AIRO lies in its diversified yet complementary portfolio of products and services, all centered around a unified aerospace and defense ecosystem,” said Executive Chairman, Dr. Chirinjeev Kathuria. “AIRO’s complementary business segments, with strategic locations in the US, Canada, and Europe, provide unparalleled access for our global client base. With significant year-over-year revenue and EBITDA growth, we believe our offerings are essential for both current and future operational landscapes.”

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced the expansion of its strategic partnership with Gotion High-Tech Co., Ltd. (“Gotion”), a leading innovator in power battery solutions. Building on a power system framework agreement signed in December 2023, this enhanced collaboration marks a significant step forward in powering the electric vertical take-off and landing (“eVTOL”) aircraft. Under the upgraded partnership, the two companies will jointly advance the development of power systems for EHang’s flagship EH216 series of pilotless eVTOL aircraft, with plans to extend their collaboration to future aircraft models. By leveraging cutting-edge battery technologies, the partnership aims to accelerate the advancement of a safe, intelligent, and sustainable low-altitude transportation ecosystem and contribute to the high-quality development of the low-altitude economy.

    As part of the agreement, Gotion will deliver a customized battery solution tailored to the EH216 series. At the core of the solution is Gotion’s newly developed 46-series cylindrical battery cell, which offers high energy density and robust power output. The next-generation battery system is expected to significantly enhance the EH216 series aircraft in flight range, thrust performance, and operational safety — further improving the aircraft’s efficiency across a variety of use cases and strengthening its readiness for future scaled commercial deployment.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Rising Demand for Drones for Commercial & Military Applications Becoming a Booming Revenue Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 26, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Unmanned Aerial Vehicle (UAV) imagery service providers have been offering innovative opportunities for businesses in the construction & agriculture industries and widening their potential application base to enable predictive and actuation capabilities. These capabilities offer significant advantages, such as quality improvements, risk mitigation, and cost reduction, thereby providing a competitive advantage to adopters. Drones and their sensors provide companies with significant data, multiplying applications and capabilities within their business processes. Analyzing the obtained information improves predictive/preventive maintenance and operational intelligence. Companies increasingly adopt data management platforms to process and analyze information for detecting and classifying notable events and creating reports. A report from Grand View Research said that the global drone data services market size is anticipated to grow at a CAGR of 39.0% through 2030. The market growth is attributed to the increasing need for drone information analysis amongst businesses worldwide to perform various critical tasks remotely, such as automated mapping, cadastral surveying, corridor surveying, volumetric calculations, and LiDAR mapping. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), AeroVironment, Inc. (NASDAQ: AVAV), AIRO Group Holdings, Inc. (NASDAQ: AIRO), EHang Holdings Limited (NASDAQ: EH).

    The Grand View Research report said: “Drone data service providers are expected to gain prominence by empowering companies globally to utilize UAV imagery better. This can be achieved by converting it into actionable information in simple 3D models, Digital Elevation Models (DEMs), and orthomosaic maps. An increasing number of companies are now seeking to enter the UAV software space and develop software to provide aerial imagery analysis and mapping solutions for the commercial sector. Businesses worldwide are increasingly using drones across a wide range of industries. Farmers are utilizing maps generated with drone software to identify areas of damage & crop variation, diagnose the potential causes for damages, such as pests, equipment malfunctioning, and irrigation problems, and prescribe solutions such as variable-rate nitrogen applications. The 3D modeling & DEM segment is expected to grow at the fastest CAGR of 40.5% during the forecast period. The advancements in drone technology have enabled the collection of high-resolution aerial data, which can be processed to create detailed and precise 3D models and DEMs. It has significantly enhanced the accuracy and efficiency of data analysis and decision-making processes in industries that rely on geospatial information.”

    ZenaTech (NASDAQ:ZENA) Signs Offer to Acquire North Carolina Land Surveying Company to Expand State Operations and Government Customers – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, announces it has signed an offer to acquire a well-established North Carolina-based land surveying company with a strong government customer base. The proposed acquisition expands operations in the state when combined with a previously announced proposed land survey acquisition with operations in North Carolina. With over three decades of success serving government agencies, municipal governments, construction companies, and real estate developers, this strategic acquisition would significantly advance the company’s regional market penetration as well as growth in the US Southeast.

    “This proposed acquisition aligns with our strategy to build a robust, scalable, national Drone as a Service business while empowering strong regional and local hubs and recurring revenue opportunities,” said Shaun Passley, Ph.D., ZenaTech CEO. “We plan to embed AI-powered drone technology into critical land survey workflows providing unparalleled speed and precision. Land surveys are a first step to innovating multiple legacy businesses and inefficient processes with our DaaS model and our drones.”

    The land survey company offers comprehensive services include boundary surveys, topographic and site planning surveys, ALTA (American Land Title Association) / ACSM (American Congress on Surveying and Mapping) surveys, construction staking, and other essential survey solutions for permitting, financing, and construction across city, county, and commercial sectors.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed five acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete 20 more acquisitions in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that its subsidiary, American Robotics Inc., has entered into a strategic partnership with Mistral Inc. (“Mistral”), a Maryland-based business development and defense contracting firm. The agreement focuses on joint marketing, sales, and integration of the Optimus drone system and Iron Drone Raider into the United States defense and homeland security markets.

    Under the agreement, Mistral will support American Robotics’ business development by opening sales channels through its well-established relationships with U.S. governmental buyers, including federal, state, local law enforcement, military, and homeland security entities. The initial term of the agreement is three years, with an automatic renewal option and a structured success fee model based on realized sales.

    AeroVironment, Inc. (NASDAQ: AVAV) (“AeroVironment” or the “Company”) recently reported financial results for the fiscal fourth quarter and year ended April 30, 2025.

    Fourth Quarter and Fiscal Year Highlights Were: Record fourth quarter revenue of $275.1 million and fiscal year revenue of $820.6, up 40% and 14% year-over-year, respectively; Fourth quarter and fiscal year net income of $16.7 million and $43.6 million, respectively and record fourth quarter and fiscal year non-GAAP adjusted EBITDA of $61.6 million and $146.4 million, respectively; and Record fiscal year bookings of $1.2 billion

    “AeroVironment finished out fiscal year 2025 with a remarkable fourth quarter, which included record revenue, significantly higher profits and a robust backlog nearly double that from fiscal year 2024,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “The investments we’ve consistently made in our multi-generational Uncrewed Systems and Loitering Munition Systems products coupled with our strong execution, continue to pay off, as evidenced by significantly higher demand and key strategic wins leading to a record $1.2 billion in total bookings throughout this fiscal year.”

    Nawabi continued, “Our acquisition of BlueHalo further advances our leadership position within the defense-technology sector by adding a complementary portfolio of innovative products and capabilities aligned to our customers’ highest priorities. With integrated solutions across every domain of modern warfare, enhanced innovation and domestic manufacturing scale, we believe we are well positioned to meet the rising demand across the globe and drive strong growth and value creation in fiscal year 2026 and beyond.”

    AIRO Group Holdings, Inc. (NASDAQ: AIRO) recently announced that Company executives, including Executive Chairman and Co-Founder Dr. Chirinjeev Kathuria and CEO and Co-Founder Joe Burns, attended the 55th edition of the Paris Air Show, which took place from June 16 to June 22, 2025, in Paris, France.

    Shares of AIRO common stock began trading on the Nasdaq Global Market under the ticker symbol “AIRO” on June 13, 2025. AIRO’s market debut comes amid strong historical financial performance for the Company and underscores its commitment to an integrated portfolio of cutting-edge technologies, including the development of fully autonomous AI-enabled surveillance drones, eVTOL hybrid and electric cargo aircraft, advanced avionics systems and comprehensive flight operations training solutions. In 2024, AIRO achieved over $86 million in revenue, reflecting growth of more than 100% from the previous year. This increase is attributed to an increase in drone shipments and support revenue driven by market entry strategies to target NATO member countries.

    “The strength of AIRO lies in its diversified yet complementary portfolio of products and services, all centered around a unified aerospace and defense ecosystem,” said Executive Chairman, Dr. Chirinjeev Kathuria. “AIRO’s complementary business segments, with strategic locations in the US, Canada, and Europe, provide unparalleled access for our global client base. With significant year-over-year revenue and EBITDA growth, we believe our offerings are essential for both current and future operational landscapes.”

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced the expansion of its strategic partnership with Gotion High-Tech Co., Ltd. (“Gotion”), a leading innovator in power battery solutions. Building on a power system framework agreement signed in December 2023, this enhanced collaboration marks a significant step forward in powering the electric vertical take-off and landing (“eVTOL”) aircraft. Under the upgraded partnership, the two companies will jointly advance the development of power systems for EHang’s flagship EH216 series of pilotless eVTOL aircraft, with plans to extend their collaboration to future aircraft models. By leveraging cutting-edge battery technologies, the partnership aims to accelerate the advancement of a safe, intelligent, and sustainable low-altitude transportation ecosystem and contribute to the high-quality development of the low-altitude economy.

    As part of the agreement, Gotion will deliver a customized battery solution tailored to the EH216 series. At the core of the solution is Gotion’s newly developed 46-series cylindrical battery cell, which offers high energy density and robust power output. The next-generation battery system is expected to significantly enhance the EH216 series aircraft in flight range, thrust performance, and operational safety — further improving the aircraft’s efficiency across a variety of use cases and strengthening its readiness for future scaled commercial deployment.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI Canada: Stay safe, plan ahead for Canada Day weekend

    Source: Government of Canada regional news

    As people make plans for the Canada Day weekend, it’s important to be prepared and stay safe as warm temperatures, dry conditions and wildfire risk continue in many parts of the province.

    People are encouraged to stay vigilant and up to date on local fire bans and restrictions and have an emergency plan in place that is shared with friends and family.

    People heading outdoors this weekend are reminded to plan ahead, carry safety gear and follow all instructions from local governments and First Nations. Before you head out, check ahead for road closures, evacuation alerts, evacuation orders and any fire prohibitions in effect.

    British Columbia continues to face prolonged drought in many regions, and below-average precipitation is contributing to increased wildfire and water supply concerns. Everyone is encouraged to use water efficiently and follow any local watering restrictions.

    Several open-burning prohibitions are in place around the province and will be updated as conditions change. People planning to have campfires should do so safely, following any local prohibitions. Avoid having a campfire when it’s windy, choose a proper fire pit or make a ring of rocks at least three metres from trees, shrubs, structures and debris, and do not leave a campfire unattended.

    The BC Wildfire Service relies on the public for reporting wildfires quickly. Approximately 40% of new fires are reported by the public. If you see smoke or flames, report it immediately by calling *5555 on a cellphone or 1 800 663-5555, toll-free.

    The BC Wildfire Service mobile app allows people to report new wildfires and submit photos, which helps BC Wildfire Service make informed decisions. People can use the app for the most up-to-date information on the current wildfire situation, road conditions, evacuation information and weather forecasts.

    If you’re in a high-risk wildfire area, now is the time to get prepared. Create an emergency plan, pack a grab-and-go bag for each household member, including pets, and create an Emergency Support Services (ESS) profile through your BC Services Card app or at ess.gov.bc.ca. People are advised to make sure their home or tenant insurance includes wildfire protection, which can help with expenses like temporary accommodation and meals if there is a need to evacuate.

    Check your insurance policy to understand what evacuation supports are available through your coverage. If you’re unsure, call your insurance provider or the Insurance Bureau of Canada at 1 844 227-5422 or visit: https://www.ibc.ca/

    People are encouraged to follow instructions and evacuate immediately if a local government or First Nation issues an order. Emergency Support Services (ESS) are available to evacuees who need help covering the cost of their basic needs, such as food, lodging and other essentials.

    People can also reduce risk around the home with a few simple FireSmart steps:

    • clear dry leaves and debris from around your property
    • move propane tanks and other flammables at least 10 metres from structures
    • keep grass cut short
    • close doors and windows
    • water trees, shrubs and plants regularly, following local water restrictions
    • consider more fire-resistant plants for landscaping

    People travelling in B.C. are encouraged to know before they go. You can plan ahead and get the latest road conditions and updates here: https://www.drivebc.ca/

    Drivers on routes throughout the province this summer should expect higher-than-average traffic volumes and plan accordingly. General tips for a safe trip include:

    • allowing additional time to get to your destination due to more people on roads
    • making sure your vehicle is ready for the drive by having a full tank of gas or charged battery, checking engine oil, washer fluid, lights and tires, including the spare
    • packing food and water for passengers and pets
    • planning breaks at rest areas: https://www.th.gov.bc.ca/restareas/?zoom=5&loc=-126.600000%2C54.589121
    • watching for motorcyclists and sharing the road with cyclists and other users
    • obeying all posted speed limits and driving with caution, especially during bad weather
    • leaving the phone alone while behind the wheel, and
    • ensuring all passengers always use seatbelts.​

    Learn More:

    For BC Wildfire Service information and updates, visit: https://wildfiresituation.nrs.gov.bc.ca/dashboard

    For more information about fire prohibitions, visit: https://www2.gov.bc.ca/gov/content/safety/wildfire-status/fire-bans-and-restrictions

    For up-to-date information about road conditions, visit: https://www.drivebc.ca/

    For more information about rest areas during driving, visit: https://www.th.gov.bc.ca/restareas

    For detailed guidance on what happens before, during and after an evacuation order, visit https://www2.gov.bc.ca/gov/content/safety/emergency-management/preparedbc/evacuation-recovery/evacuee-guidance

    For the latest information on evacuation alerts and evacuation orders in B.C., visit: https://EmergencyInfoBC.ca
    Or follow @EmergencyInfoBC on X

    To register with Emergency Support Services, visit: https://ess.gov.bc.ca/

    For information on how to prepare for emergencies, including information about emergency kits, household emergency plans and hazard-specific guides, visit: https://PreparedBC.ca 

    For more information on how to FireSmart your home, visit: https://firesmartbc.ca

    For backcountry safety checklists and trip planning resources, visit: https://www.adventuresmart.ca/

    For more information about drought, visit: https://www2.gov.bc.ca/gov/content/drought

    MIL OSI Canada News –

  • MIL-OSI Russia: Nuclear emergency exercise concludes to test international response to simulated reactor accident

    Translation. Region: Russian Federal

    Source: International Atomic Energy Agency –

    The International Atomic Energy Agency (IAEA), in cooperation with more than 75 countries and 10 international organizations, successfully completed a 36-hour exercise that tested global preparedness and response arrangements for a severe nuclear accident scenario at the Cernavoda NPP in Romania. The ConvEx-3 (2025) exercise started on 24 June and concluded at 17:45 CET on 25 June.

    Such exercises are conducted every three to five years and are based on simulated events at a nuclear facility in the host IAEA member state.

    The exercise simulated a significant release of radioactive material, requiring participating countries and organizations to make decisions in real time, exchange information, inform the public and coordinate protective measures, including aspects of medical response and cross-border logistics.

    “ConvEx-3 (2025) demonstrated the power of international cooperation in nuclear emergency preparedness,” said Carlos Torres Vidal, Director of the IAEA Incident and Emergency Centre. “By working together under realistic scenarios, we are strengthening our collective capacity to protect people and the environment.”

    Among the main innovations in this year’s exercise program were the following.

    Enhanced regional cooperation: Recognizing the cross-border consequences of severe nuclear accidents, neighbouring countries Bulgaria and the Republic of Moldova coordinated protective measures to ensure a coherent cross-border response. Integrating nuclear security scenarios: Simulations also included tests related to physical security and cybersecurity threats, reflecting new and evolving risks. Enhanced crisis communication testing: An enhanced social media simulator was used to evaluate and improve public communication strategies. Deploying international assistance missions: As part of the IAEA Response and Assistance Network (RANET) Expert groups from Bulgaria, Canada, Lithuania, Moldova, the United States, Sweden and France carried out a number of joint operations, including the use of air and ground-based radiation monitoring equipment.

    The exercise highlighted the importance of timely information sharing, accurate assessments and forecasts, and effective public communication in the event of nuclear emergencies.

    ConvEx-3 exercises are conducted every three to five years to evaluate and strengthen emergency response mechanisms established in accordance with Convention on Early Notification of a Nuclear Accident And Convention on Assistance in the Case of a Nuclear Accident or Radiological Emergency.

    In the coming weeks, the IAEA will gather feedback from all participants to identify good practices and areas for improvement, contributing to the continued strengthening of global nuclear emergency preparedness. The final report of the exercise will be taken into account in preparation for the upcoming International Conference “Nuclear and Radiological Emergencies”, which is scheduled for December this year in Riyadh, Saudi Arabia.

    A selection of photos from the ConvEx3 exercise is available at this link.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI: Canadian Life Companies Split Corp. Completes Overnight Offering

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (“the Company”) is pleased to announce it has completed the overnight offering of Preferred Shares and Class A Shares of the Company. Total gross proceeds of the offering were $40.0 million, bringing the Company’s net assets to approximately $217.9 million.

    The shares will begin trading on the Toronto Stock Exchange under the existing symbols of LFE.PR.B (Preferred Shares) and LFE (Class A Shares).

    The Preferred Shares were offered at a price of $10.55 per Preferred Share to yield 6.64% and the Class A Shares were offered at a price of $6.35 per Class A Share to yield 18.90%.

    The offering was led by National Bank Financial Inc.

    The net proceeds of the offering will be used by the Company to invest in an actively managed portfolio primarily consisting of four publicly traded Canadian life insurance companies as follows: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should read the prospectus supplement to the Company’s short form base shelf prospectus dated May 1, 2024 before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Please read the Company’s publicly filed documents which are available at www.sedarplus.com.

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    www.lifesplit.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: Mattr Corp. Announces Renewal of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for common shares of the Company (the “Common Shares”).

    Pursuant to the NCIB, the Company may purchase for cancellation up to 4,991,584 Common Shares, representing approximately 10% of the Company’s public float as at June 16, 2025. As at June 16, 2025, the Company had 61,649,707 Common Shares issued and outstanding. The NCIB will commence on June 30, 2025 and terminate one year after its commencement, or earlier if the maximum is reached or the NCIB is terminated at the option of the Company. The Company believes that using the NCIB to return capital to its shareholders will increase shareholder value and further the returns of the Company.

    All purchases pursuant to the NCIB will be made through the facilities of the TSX, or such other permitted means (including through alternative trading systems in Canada, including NEO-N, NEO-L, NEO-D, Crossing Facility, CSE, ICX, Liquidnet, CXC, CX2, CXD, Omega ATS, Lynx ATS, TSX Venture Exchange, TSX Alpha Exchange and MATCH Now (together, the “Other Exchanges”)), at prevailing market prices or as otherwise permitted. The NCIB will be funded using existing cash resources and any Common Shares repurchased by the Company under the NCIB will be cancelled. Other than purchases made under a block purchase exemption pursuant to the rules and policies of the TSX, daily purchases on the TSX pursuant to the NCIB will be limited to 68,375 Common Shares, which represents approximately 25% of the average daily trading volume of 273,500 Common Shares of the Company for the most recently completed six calendar months preceding May 31, 2025.

    The actual number of Common Shares which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by the Company, subject to applicable law and the rules of the TSX and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities.

    In connection with the NCIB, the Company has entered into an automatic share purchase plan (the “Plan”) with a designated broker (the “Broker”) in order to facilitate repurchases of its outstanding Common Shares under the NCIB. The Plan has been approved by the TSX and will be implemented effective as of June 30, 2025.

    Under the Plan, the Broker may purchase Common Shares under the NCIB at times when the Company would ordinarily not be permitted to, due to its self-imposed regular quarterly black-out periods or special black-out periods. Before the commencement of any particular internal trading black-out period, the Company may, but is not required to, instruct the Broker to make purchases of Common Shares under the NCIB during the ensuing black-out period in accordance with the terms of the Plan. Such purchases will be determined by the Broker based on parameters established by the Company prior to commencement of the applicable black-out period in accordance with the terms of the Plan and applicable TSX rules and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities. Outside of these black-out periods, Common Shares will continue to be purchasable by the Company and the Broker at the Company’s discretion under the NCIB.

    Under the Company’s previous NCIB commencing June 28, 2024, the Company purchased for cancellation a total of 4,982,824 Common Shares, being the maximum number of Common Shares it was authorized to repurchase, through the facilities of the TSX or by such other permitted means, for an aggregate repurchase price of approximately $65,163,948.95 and at a volume weighted average purchase price of $13.07 per Common Share. The previous NCIB terminated on June 4, 2025, the date the maximum purchase limit had been reached.

    About Mattr

    Mattr is a growth-oriented, global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy and electrification. Its two business segments, Connection Technologies and Composite Technologies, enable responsible renewal and enhancement of critical infrastructure.

    For further information, please contact:

    Meghan MacEachern
    VP, Investor Relations & External Communications
    Tel: 437-341-1848
    Email: meghan.maceachern@mattr.com
    Website: www.mattr.com

    Forward-Looking Information

    This news release contains forward-looking information within the meaning of applicable securities laws, including statements related to the NCIB, the timing and amount of potential purchases and the cancellation of Common Shares under the NCIB and the Plan. Words such as “intend”, “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “predict”, “estimate” or similar terminology are used to identify forward-looking information. This forward-looking information is based on assumptions, estimates and analysis made in the light of the Company’s experience and its perception of trends, current conditions and expected developments, as well as other factors that are believed by the Company to be reasonable and relevant in the circumstances. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from those predicted, expressed or implied by the forward-looking information. The forward-looking information is provided as of the date of this news release and the Company does not assume any obligation to update or revise the forward-looking information to reflect new events or circumstances, except as required by law.

    Source: Mattr Corp.

    The MIL Network –

  • MIL-OSI Economics: AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2025 RESULTS AND CONFERENCE CALL

    Source: Agnico Eagle Mines

    Stock Symbol: AEM (NYSE and TSX)

    TORONTO, June 26, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle” or the “Company“) today announced that it will release its second quarter 2025 results on Wednesday, July 30, 2025, after normal trading hours.

    Second Quarter 2025 Results Conference Call and Webcast

    Agnico Eagle’s senior management will host a conference call on Thursday, July 31, 2025, at 11:00 AM (E.D.T.) to discuss the Company’s financial and operating results.

    Via Webcast:

    To listen to the live webcast of the conference call, you may register on the Company website at www.agnicoeagle.com, or directly via the link here.

    Via Phone:

    To join the conference call by phone, please dial 416.945.7677 or toll-free 1.888.699.1199 to be entered into the call by an operator. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call.

    To join the conference call without operator assistance, you may register your phone number here 30 minutes prior to the scheduled start of the call to receive an instant automated call back.

    Replay Archive:

    Please dial 289.819.1450 or toll-free 1.888.660.6345, access code 68663 #. The conference call replay will expire on August 31, 2025.

    The webcast, along with presentation slides, will be archived for 180 days on the Company’s website.

    About Agnico Eagle

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-provides-notice-of-release-of-second-quarter-2025-results-and-conference-call-302491697.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Economics –

  • MIL-OSI: Petrus Resources Announces Renewal of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 26, 2025 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus“) (TSX: PRQ) is pleased to announce that the Toronto Stock Exchange (the “TSX“) has accepted Petrus’ notice of intention to renew its normal course issuer bid (the “NCIB“). The NCIB allows Petrus to purchase up to 6,448,237 common shares (representing 5% of Petrus’ outstanding common shares as of June 18, 2025) over a period of twelve months commencing on June 30, 2025. On June 18, 2025, Petrus had 128,964,754 common shares outstanding. The NCIB will expire no later than June 29, 2026.

    Under the NCIB, common shares may be repurchased on the open market through the facilities of the TSX and/or alternative Canadian trading systems and in accordance with the rules of the TSX governing normal course issuer bids. The total number of common shares Petrus is permitted to purchase through the facilities of the TSX is subject to a daily purchase limit of 9,751 common shares, representing 25% of the average daily trading volume of 39,004 common shares on the TSX calculated for the six-month period ended May 31, 2025. However, Petrus may make one block purchase per calendar week which exceeds such daily repurchase restrictions. Any common shares that are purchased under the NCIB will be cancelled.

    Petrus believes that, at times, the prevailing share price does not reflect the underlying value of the common shares and the repurchase of its common shares for cancellation represents an attractive opportunity to enhance Petrus’ per share metrics and thereby increase the underlying value of Petrus’ common shares to its shareholders.

    In connection with the NCIB, Petrus has established an automatic share purchase plan (“ASPP”) with a designated broker. The ASPP is designed to aid in the repurchasing of common shares during periods under the NCIB when Petrus would typically be restricted from making purchases due to regulatory constraints or customary self-imposed blackout periods. Prior to the onset of any specific trading blackout period, Petrus may, at its discretion, instruct its designated broker to acquire common shares under the NCIB during the subsequent blackout period in line with the terms of the ASPP. Such acquisitions will be determined by the designated broker independently, based on purchasing criteria set by Petrus in compliance with TSX regulations, relevant securities laws, and the terms of the ASPP. The ASPP has been pre-cleared by the TSX. Outside of predefined blackout periods, common shares may be bought under the NCIB at the discretion of management, in accordance with TSX regulations and applicable securities laws.

    As of June 18, 2025, under Petrus’ current NCIB that runs from June 28, 2024 to June 27, 2025 and pursuant to which Petrus may repurchase up to 6,218,596 common shares, Petrus has not repurchased any common shares.

    ABOUT PETRUS

    Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.

    For further information, please contact:

    Ken Gray
    President and Chief Executive Officer
    T: 403-930-0889
    E: kgray@petrusresources.com

    The MIL Network –

  • MIL-OSI Africa: Let UN lead peaceful dispute resolution in Israel, Iran conflict

    Source: South Africa News Agency

    The South African government has called for the immediate de-escalation of hostilities between Israel and the Islamic Republic of Iran.

    The two countries traded air strikes earlier this month.

    Speaking during a media briefing on the outcomes of a Cabinet meeting held on Wednesday, Minister in the Presidency Khumbudzo Ntshavheni said Cabinet was “deeply concerned about escalation of hostilities between Israel and the Islamic Republic of Iran, along with airstrikes by the United States of America”.

    “The ongoing attacks by both countries has led to loss of lives, casualties and destruction to property. Cabinet calls for an urgent de-escalation of hostilities, restraint and full compliance with international law by all parties to prevent further human suffering.

    “Cabinet further calls on the USA, Israel and Iran to create room for constructive dialogue and give the United Nations the opportunity to lead the peaceful resolution of dispute, including the inspection and verification of Iran’s status on uranium enrichment, as well as its broader nuclear capacity.

    “The world cannot afford the balkanisation of Iran, by the sheer size of its population, geographic location and mineral resources.

    “As a continent, we in Africa are still suffering the consequences of the balkanisation of Libya 14 years later, with the escalation of terrorism across the continent,” she said.

    Turning to issues in the Caribbean, Ntshavheni said Cabinet had registered concern on the ongoing gang violence in Haiti.

    “Cabinet is concerned about the Haiti’s worsening situation and asserts that a multifaceted approach is needed to strengthen governance, improving law enforcement, and promoting economic development through regional and international cooperation prioritising Haitian interests,” she said.

    Group of 7 (G7)

    Cabinet reflected on the G7 Leaders’ Summit held in Canada last week.

    President Cyril Ramaphosa participated in the G7 Summit Outreach Session.

    “President Ramaphosa used the opportunity of the G7 to urge for greater cooperation between the G7 and the G20 and mobilise support for reforms in the international institutions of global governance such as the UN Security Council and the global financial system.

    “The President’s participation in the G7 clearly points out that South Africa does not hold an anti-West policy position, but we are ready to work with everyone to pursue South Africa’s national interests and to advance the African Agenda,” she said.

    SANDF soldiers

    Regarding the return of South African soldiers from the Democratic Republic of Congo, Ntshavheni said Cabinet was briefed on the process to bring them home.

    “Cabinet was updated on the phased arrival of South African National Defence Force (SANDF) troops from the eastern Democratic Republic of Congo (DRC) following the SADC decision to terminate the SAMIDRC intervention.

    “About 1 718 SANDF troops have now arrived in the country, and more are expected to arrive over the next few weeks.

    “Cabinet reaffirmed South Africa’s continued commitment to a peaceful, stable and prosperous Southern African region and commended the efforts by the SANDF troops to contribute towards restoring peace, security and stability in the DRC,” she said. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI: Churchill Resources Announces Fully Subscribed $700,000 Private Placement and Strategic Leadership Changes to Bolster Growth and Operational Execution

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company“) (TSXV: CRI) is pleased to announce a non-brokered private placement of common shares to raise gross proceeds of up to $700,000. The Company is also pleased to announce a strategic leadership transition designed to strengthen the Company’s capital markets presence and operational execution as it advances its projects in Newfoundland and Labrador. Effective today, Paul Sobie, will step down from the role of Chief Executive Officer and continue in his capacity as President of the Company, and Conan McIntyre, a current director of Churchill, will assume the role of Chief Executive Officer.

    Private Placement Financing
    The $700,000 private placement will comprise up to 14,000,000 common shares of the Company at a price of $0.05 per share (the “Private Placement”). The Company intends to use the proceeds from the Private Placement on the advancement of exploration activities at the Company’s key projects and for general corporate purposes. The Private Placement is expected to close on or about July 9, 2025, and remains subject to the approval of the TSX Venture Exchange.

    Strategic Leadership Changes
    The leadership transition is designed to strengthen the Company’s strategic and operational capabilities while maximizing continuity benefits.

    Mr. McIntyre will concentrate on corporate strategy, capital markets activities, and business development, while Paul Sobie will focus on advancing the Company’s exploration programs. Mr. McIntyre and Mr. Sobie will continue to serve on the Company’s board of directors along with Malik Easah and Bill Fisher, who will continue serving as Chairman.

    “This strategic restructuring represents an important evolution for Churchill that will enable us to pursue multiple value-creation opportunities simultaneously while preserving operational expertise and local knowledge,” said Mr. McIntyre.

    Mr. Sobie commented: “I am excited about the opportunity to dedicate my full attention to our exploration activities in Newfoundland and Labrador at Black Raven, as well as at Taylor Brook and Florence Lake. This focused approach will allow me to accelerate our field programs and maximize the value of our exploration assets.”

    Mr. Fisher, Chairman of the Board, stated: “The exciting work being undertaken at Black Raven, in particular, continues to demonstrate the significant potential of our portfolio. Black Raven represents a truly exceptional exploration opportunity, featuring a polymetallic metal assemblage at the site of past producers that has never been drilled using modern exploration techniques. With the focused leadership structure we are implementing, I am confident we will unlock substantial value.”

    About Churchill Resources Inc.

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland and Labrador. The Company’s flagship Black Raven property features a polymetallic metal assemblage with evidence of historical production, representing a unique exploration opportunity as the site of past producers that has never been systematically drilled using modern techniques. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Further Information

    For further information regarding Churchill, please contact:

    Churchill Resources Inc.
    Conan McIntyre, Chief Executive Officer
    Tel. +1 416.272.4738
    Email: cmcintyre@churchillresources.com

    Paul Sobie, President
    Tel. +1 416.365.0930 (o); +1 647.988.0930
    Email: psobie@churchillresources.com

    Cautionary Note Regarding Forward Looking Information
    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “proposed”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
    In this news release, forward-looking statements relate to, among other things, the completion of the Private Placement and the management changes; the receipt of all applicable regulatory approvals; the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; the effectiveness of the new management structure; the benefits of operational continuity; potential value to be unlocked at the Company’s properties, including at Black Raven; the potential for resource discovery and expansion at Black Raven; and future exploration plans and costs and financing availability.

    These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: risks related to the completion of the private placement and management changes; the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the Company’s properties; failure to identify any mineral resources or significant mineralization; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; title to properties; and those factors described in the most recently filed management’s discussion and analysis of the Company.
    Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
    Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI: Churchill Resources Announces Fully Subscribed $700,000 Private Placement and Strategic Leadership Changes to Bolster Growth and Operational Execution

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company“) (TSXV: CRI) is pleased to announce a non-brokered private placement of common shares to raise gross proceeds of up to $700,000. The Company is also pleased to announce a strategic leadership transition designed to strengthen the Company’s capital markets presence and operational execution as it advances its projects in Newfoundland and Labrador. Effective today, Paul Sobie, will step down from the role of Chief Executive Officer and continue in his capacity as President of the Company, and Conan McIntyre, a current director of Churchill, will assume the role of Chief Executive Officer.

    Private Placement Financing
    The $700,000 private placement will comprise up to 14,000,000 common shares of the Company at a price of $0.05 per share (the “Private Placement”). The Company intends to use the proceeds from the Private Placement on the advancement of exploration activities at the Company’s key projects and for general corporate purposes. The Private Placement is expected to close on or about July 9, 2025, and remains subject to the approval of the TSX Venture Exchange.

    Strategic Leadership Changes
    The leadership transition is designed to strengthen the Company’s strategic and operational capabilities while maximizing continuity benefits.

    Mr. McIntyre will concentrate on corporate strategy, capital markets activities, and business development, while Paul Sobie will focus on advancing the Company’s exploration programs. Mr. McIntyre and Mr. Sobie will continue to serve on the Company’s board of directors along with Malik Easah and Bill Fisher, who will continue serving as Chairman.

    “This strategic restructuring represents an important evolution for Churchill that will enable us to pursue multiple value-creation opportunities simultaneously while preserving operational expertise and local knowledge,” said Mr. McIntyre.

    Mr. Sobie commented: “I am excited about the opportunity to dedicate my full attention to our exploration activities in Newfoundland and Labrador at Black Raven, as well as at Taylor Brook and Florence Lake. This focused approach will allow me to accelerate our field programs and maximize the value of our exploration assets.”

    Mr. Fisher, Chairman of the Board, stated: “The exciting work being undertaken at Black Raven, in particular, continues to demonstrate the significant potential of our portfolio. Black Raven represents a truly exceptional exploration opportunity, featuring a polymetallic metal assemblage at the site of past producers that has never been drilled using modern exploration techniques. With the focused leadership structure we are implementing, I am confident we will unlock substantial value.”

    About Churchill Resources Inc.

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland and Labrador. The Company’s flagship Black Raven property features a polymetallic metal assemblage with evidence of historical production, representing a unique exploration opportunity as the site of past producers that has never been systematically drilled using modern techniques. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Further Information

    For further information regarding Churchill, please contact:

    Churchill Resources Inc.
    Conan McIntyre, Chief Executive Officer
    Tel. +1 416.272.4738
    Email: cmcintyre@churchillresources.com

    Paul Sobie, President
    Tel. +1 416.365.0930 (o); +1 647.988.0930
    Email: psobie@churchillresources.com

    Cautionary Note Regarding Forward Looking Information
    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “proposed”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
    In this news release, forward-looking statements relate to, among other things, the completion of the Private Placement and the management changes; the receipt of all applicable regulatory approvals; the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; the effectiveness of the new management structure; the benefits of operational continuity; potential value to be unlocked at the Company’s properties, including at Black Raven; the potential for resource discovery and expansion at Black Raven; and future exploration plans and costs and financing availability.

    These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: risks related to the completion of the private placement and management changes; the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the Company’s properties; failure to identify any mineral resources or significant mineralization; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; title to properties; and those factors described in the most recently filed management’s discussion and analysis of the Company.
    Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
    Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes Star Copper Corp. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Star Copper Corp. (CSE: STCU; FWB: SOP; OTCQX: STCUF), a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Star Copper Corp. upgraded to OTCQX from the OTCQB® Venture Market.

    Star Copper Corp. begins trading today on OTCQX under the symbol “STCUF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

    “Our upgrade to the OTCQX Market is a reflection of our strategic planning as we continue to advance our copper-gold asset position in North America,” states Darryl Jones, CEO of Star Copper. “It also reflects the Company’s underlying fiscal health and commitment to compliance, disclosure and corporate governance. We anticipate that this upgrade will increase our exposure within the U.S. investment community and provide greater access to shareholders seeking to participate in our growth.”

    About Star Copper Corp.
    Star Copper Corp. is a mineral exploration company focused on advancing Canadian mining projects. Our flagship Star Project is an Alkalic Copper-Gold Porphyry located within the well-known Golden Triangle and Golden Horseshoe regions of British Colombia, an exceptionally prolific area for porphyry copper-gold projects. Significant exploration work including historical drilling has confirmed open mineralization at depth and in all directions. Star Copper’s strategic plans include geological mapping and geophysical surveys to refine existing targets, diamond drilling programs to test high-priority zones, environmental baseline studies and permitting groundwork alongside data analysis and resource modeling to support a future resource estimate prepared in accordance with NI 43-101. The Company further plans to advance its Indata Project with follow-up drilling to expand on previous high-grade copper and gold
    intercepts, trenching and surface sampling to delineate mineralized zones, and infrastructure improvements for site accessibility and operations. With a commitment to sustainable development and value creation, Star Copper aims to position itself to support surging industrial demand to meet growing global electrification needs.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI: Abaxx Announces Digital Title Pilot to Unlock the Collateral Value of Physical Commodities Through its Integrated Market Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced it intends to conduct a pilot transaction to finance margin with physical gold using its ID++ Technology to create real-time digital documents of title.

    This pilot will demonstrate the use of Abaxx’s Private Digital Title, a cryptographically-secured document of title for physical gold held at Abaxx Spot, to finance cash margin requirements for a gold futures position. By unlocking the collateral value of real-world assets, the initiative advances Abaxx’s broader effort to modernize collateralization and increase capital efficiency across commodity markets, including the unique ability to move real-time collateral privately through a federated network.

    Abaxx’s Private Digital Title Pilot Highlights

    • Demonstrates the integration of Abaxx Exchange and Clearing, Abaxx Spot, and ID++ Technology, activating the full stack of Abaxx infrastructure to address inefficiencies in commodity markets and supply-chain risk management.
    • Lays the groundwork for expanding the pool of high quality liquid asset (“HQLA”) collateral to include physically-held commodities and for netting physical and financial positions, reducing capital costs and inefficiencies in risk management.
    • Operates across the full commodity transaction lifecycle with integrated counterparty verification that keeps transaction data private from unrelated intermediaries and public ledger records, removing a key barrier to token adoption in global commodity markets.
    • Leverages Verifiable Credentials to issue legally-enforceable digital documents of title, preserving confidentiality, improving collateral mobility, and aligning with global legal standards like the United Nations Commission on International Trade Law’s (UNCITRAL) Model Law on Electronic Transferable Records (MLETR).

    “For decades, innovations in payment systems have accelerated the velocity of money while the immense value of physical assets has remained locked in slow, analog workflows,” said Josh Crumb, CEO of Abaxx Technologies. “What stablecoins and modern payment rails are to bank money, Abaxx is to physical collateral. We are building the tools to free your physical assets. This pilot will be the first end-to-end demonstration of our smarter markets architecture, where regulated market infrastructure and decentralized financial technology work together to turn physical commodities into dynamic, real-time financial instruments at the heart of financial clearing systems.”

    A New Framework for Digital Collateral

    Abaxx’s vision is to re-engineer the relationship between physical assets and financial risk management. To support this transformation, the Company has developed multi-layered market infrastructure designed to connect physical assets to financial workflows, anchored by a regulated futures exchange and clearinghouse, a spot market for physically-allocated gold, and Abaxx’s proprietary ID++ Technology and suite of console apps, including Verifier+, Abaxx Messenger, and Abaxx Sign.

    This infrastructure addresses two persistent challenges for commodity producers, traders, and financiers: limited collateral mobility and the high cost of managing basis and counterparty risk. It seeks to expand the pool of high-quality collateral to include real-world assets and creates the potential to reduce capital and operational costs by enabling the netting of physical and financial positions.

    Legal ownership of physical assets is digitized using Verifiable Credentials as documents of title, unlike tokenization models that rely on centralized issuance or new legal constructs. Abaxx’s approach is designed to reduce legal and operational friction, shorten onboarding timelines, and enable more flexible, direct use of physical commodities as collateral without compromising confidentiality or enforceability.

    The intended result is a system where physical assets support a flexible credit facility, transforming inventory from untapped collateral into a real-time financial resource.

    About the Pilot

    This pilot represents the first application of Abaxx’s Private Digital Title across the Company’s integrated exchange, clearing, and spot market infrastructure. It is intended to demonstrate how a cryptographically-secured Private Digital Title can act as a document of title for physical gold and finance the margin requirements of a gold futures position, replacing traditional warehouse receipts with a legally-enforceable digital document of title.

    As part of this framework, Abaxx’s Private Digital Title can embed legal terms and asset history, including attributes such as its provenance or environmental footprint, directly to the asset’s digital identity, supporting evolving market expectations around traceability.

    By increasing the pool of eligible collateral, increasing collateral mobility, and enhancing transparency, the initiative targets a $47 billion opportunity in gold trade finance¹ and lays the foundation for broader applications across commodity markets.

    Join the Working Group

    This pilot transaction is planned to take place in 4Q2025. Interested parties, including clearing firms, brokers, traders, custodians, banks, and technologists who would like to participate in our working group are invited to contact us at digitaltitle@abaxx.tech for more information.

    ¹ Source: ICC Trade Register Summary Report: Global Risks in Trade Finance, International Chamber of Commerce, November 2023.

    About Abaxx Technologies
    Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

    In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.

    Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

    Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

    For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

    For more information about this press release, please contact:

    Steve Fray, CFO
    Tel: +1 647-490-1590

    Media and investor inquiries:

    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 246 271 0082
    E-mail: ir@abaxx.tech

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.

    In particular, this press release contains forward-looking statements including, without limitation, statements regarding the potential results, benefits and market impact of the pilot transaction, the Company’s business strategies, plans, and objectives, the development of new markets and products, expectations regarding Abaxx’s partnerships, demand for Abaxx’s products and market adoption and regulatory approvals. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network –

  • MIL-OSI Analysis: How Nato summit shows Europe and US no longer have a common enemy

    Source: The Conversation – UK – By Andrew Corbett, Senior Lecturer in Defence Studies, King’s College London

    Mark Rutte had an unenviable task at the Hague summit this week. The Nato secretary-general had to work with diverging American and European views of current security threats. After Rutte made extraordinary efforts at highly deferential, overt flattery of Donald Trump to secure crucial outcomes for the alliance, he seems to have succeeded for now.

    But what this meeting and the run-up has made increasingly clear is that the US and Europe no longer perceive themselves as having a single common enemy. Nato was established in 1949 as a defensive alliance against the acknowledged threat from the USSR. This defined the alliance through the cold war until the dissolution of the Soviet Union in 1991. Since Russia invaded Ukraine and annexed Crimea in 2014, Nato has focused on Moscow as the major threat to international peace. But the increasingly bellicose China is demanding more attention from the US.

    There are some symbolic moves that signal how things are changing. Every Nato summit declaration since the Russian invasion of Ukraine in 2022 has used the same form of words: “We adhere to international law and to the purposes and principles of the Charter of the United Nations and are committed to upholding the rules-based international order.”

    The declaration published during the Hague summit on June 25 conspicuously does not mention either. Indeed, in a departure from recent declarations, the five paragraphs of the Hague summit declaration are brutally short and focused entirely on portraying the alliance solely in terms of military capability and economic investment to sustain that. No mention of international law and order this time.

    This appears to be a carefully orchestrated output of a deliberately shortened summit designed to contain Trump’s unpredictable interventions. This also seems symptomatic of a widening division between the American strategic trajectory and the security interests perceived by Canada and the European members of Nato.

    That this declaration was so short, and so focused on such a narrow range of issues suggests there were unusually entrenched differences that could not be surmounted.

    Since the onslaught of the full Russian invasion of Ukraine in February 2022, the Nato allies have been united in their criticism of Russia and support for Ukraine; until now.

    Since January, the Trump administration has not authorised any military aid to Ukraine and significantly reduced material support to Ukraine and criticism of Russia. Trump has sought to end the war rapidly on terms effectively capitulating to Russian aggression; his proposal suggests recognising Russia’s control over Crimea and de facto control over some other occupied territories (Luhansk, parts of Zaporizhzhia, Donetsk, and Kherson) He has also suggested Ukraine would not join Nato but might receive security guarantees and the right to join the EU.

    Meanwhile, European allies have sought to fund and support Ukraine’s defensive efforts, increasing aid and military support, and continuing to ramp up sanctions.

    Another sign of the differing priorities of Europe and Canada v the US, was the decision by Pete Hegseth, US secretary of defense, to step back from leadership of the Ukraine defence contact group, an ad-hoc coalition of states across the world providing military support to Ukraine. Hegseth also symbolically failed to attend the group’s pre-summit meeting in June.

    Trump has long been adamant that Nato members should meet their 2014 commitment to spend 2% of their GDP on defence, and Rutte recognised that. In 2018, Trump suggested that this should be increased to 4 or 5% but this was dismissed as unreasonable. Now, in a decision which indicates increasing concern about both Russia as a threat and US support, Nato members (except for Spain) have agreed to increase spending to 5% of GDP on defence over the next 10 years.

    Donald Trump gives a press conference after the Nato summit.

    Nato’s article 3 requires states to maintain and develop their capacity to resist attack. However, since 2022, it has become increasingly apparent that many Nato members are unprepared for any major military engagement. At the same time, they are increasingly feeling that Russia is more of a threat on their doorsteps. There has been recognition, particularly among the Baltic states, Germany, France and the UK that they need to increase their military spending and preparedness.

    For the US to focus more on China, US forces will shift a greater percentage of the US Navy to the Pacific. It will also assign its most capable new ships and aircraft to the region and increase general presence operations, training and developmental exercises, and engagement and cooperation with allied and other navies in the western Pacific. To do this US forces will need to reduce commitments in Europe, and European allies must replace those capabilities in order to sustain deterrence against Russia.

    The bedrock of the Nato treaty, article 5, is commonly paraphrased as “an attack on one is an attack on all”. On his way to the Hague summit, Trump seemed unsure about the US commitment to Nato. Asked to clarify this at the summit, he stated: “I stand with it [Article 5]. That’s why I’m here. If I didn’t stand with it, I wouldn’t be here.”

    Lord Ismay, the first secretary-general of Nato, famously (if apocryphally) suggested that the purpose of the alliance was to keep the Russians out, the Americans in and the Germans down. Germany is now an integral part of Nato, and the Americans are in, if distracted. But there are cracks, and Rutte will have his hands full managing Trump’s declining interest in protecting Europe if he is to keep the Russians at bay.

    Andrew Corbett 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. How Nato summit shows Europe and US no longer have a common enemy – https://theconversation.com/how-nato-summit-shows-europe-and-us-no-longer-have-a-common-enemy-259842

    MIL OSI Analysis –

  • MIL-OSI Analysis: How Nato summit shows Europe and US no longer have a common enemy

    Source: The Conversation – UK – By Andrew Corbett, Senior Lecturer in Defence Studies, King’s College London

    Mark Rutte had an unenviable task at the Hague summit this week. The Nato secretary-general had to work with diverging American and European views of current security threats. After Rutte made extraordinary efforts at highly deferential, overt flattery of Donald Trump to secure crucial outcomes for the alliance, he seems to have succeeded for now.

    But what this meeting and the run-up has made increasingly clear is that the US and Europe no longer perceive themselves as having a single common enemy. Nato was established in 1949 as a defensive alliance against the acknowledged threat from the USSR. This defined the alliance through the cold war until the dissolution of the Soviet Union in 1991. Since Russia invaded Ukraine and annexed Crimea in 2014, Nato has focused on Moscow as the major threat to international peace. But the increasingly bellicose China is demanding more attention from the US.

    There are some symbolic moves that signal how things are changing. Every Nato summit declaration since the Russian invasion of Ukraine in 2022 has used the same form of words: “We adhere to international law and to the purposes and principles of the Charter of the United Nations and are committed to upholding the rules-based international order.”

    The declaration published during the Hague summit on June 25 conspicuously does not mention either. Indeed, in a departure from recent declarations, the five paragraphs of the Hague summit declaration are brutally short and focused entirely on portraying the alliance solely in terms of military capability and economic investment to sustain that. No mention of international law and order this time.

    This appears to be a carefully orchestrated output of a deliberately shortened summit designed to contain Trump’s unpredictable interventions. This also seems symptomatic of a widening division between the American strategic trajectory and the security interests perceived by Canada and the European members of Nato.

    That this declaration was so short, and so focused on such a narrow range of issues suggests there were unusually entrenched differences that could not be surmounted.

    Since the onslaught of the full Russian invasion of Ukraine in February 2022, the Nato allies have been united in their criticism of Russia and support for Ukraine; until now.

    Since January, the Trump administration has not authorised any military aid to Ukraine and significantly reduced material support to Ukraine and criticism of Russia. Trump has sought to end the war rapidly on terms effectively capitulating to Russian aggression; his proposal suggests recognising Russia’s control over Crimea and de facto control over some other occupied territories (Luhansk, parts of Zaporizhzhia, Donetsk, and Kherson) He has also suggested Ukraine would not join Nato but might receive security guarantees and the right to join the EU.

    Meanwhile, European allies have sought to fund and support Ukraine’s defensive efforts, increasing aid and military support, and continuing to ramp up sanctions.

    Another sign of the differing priorities of Europe and Canada v the US, was the decision by Pete Hegseth, US secretary of defense, to step back from leadership of the Ukraine defence contact group, an ad-hoc coalition of states across the world providing military support to Ukraine. Hegseth also symbolically failed to attend the group’s pre-summit meeting in June.

    Trump has long been adamant that Nato members should meet their 2014 commitment to spend 2% of their GDP on defence, and Rutte recognised that. In 2018, Trump suggested that this should be increased to 4 or 5% but this was dismissed as unreasonable. Now, in a decision which indicates increasing concern about both Russia as a threat and US support, Nato members (except for Spain) have agreed to increase spending to 5% of GDP on defence over the next 10 years.

    Donald Trump gives a press conference after the Nato summit.

    Nato’s article 3 requires states to maintain and develop their capacity to resist attack. However, since 2022, it has become increasingly apparent that many Nato members are unprepared for any major military engagement. At the same time, they are increasingly feeling that Russia is more of a threat on their doorsteps. There has been recognition, particularly among the Baltic states, Germany, France and the UK that they need to increase their military spending and preparedness.

    For the US to focus more on China, US forces will shift a greater percentage of the US Navy to the Pacific. It will also assign its most capable new ships and aircraft to the region and increase general presence operations, training and developmental exercises, and engagement and cooperation with allied and other navies in the western Pacific. To do this US forces will need to reduce commitments in Europe, and European allies must replace those capabilities in order to sustain deterrence against Russia.

    The bedrock of the Nato treaty, article 5, is commonly paraphrased as “an attack on one is an attack on all”. On his way to the Hague summit, Trump seemed unsure about the US commitment to Nato. Asked to clarify this at the summit, he stated: “I stand with it [Article 5]. That’s why I’m here. If I didn’t stand with it, I wouldn’t be here.”

    Lord Ismay, the first secretary-general of Nato, famously (if apocryphally) suggested that the purpose of the alliance was to keep the Russians out, the Americans in and the Germans down. Germany is now an integral part of Nato, and the Americans are in, if distracted. But there are cracks, and Rutte will have his hands full managing Trump’s declining interest in protecting Europe if he is to keep the Russians at bay.

    Andrew Corbett 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. How Nato summit shows Europe and US no longer have a common enemy – https://theconversation.com/how-nato-summit-shows-europe-and-us-no-longer-have-a-common-enemy-259842

    MIL OSI Analysis –

  • MIL-OSI: RBC iShares Expands iShares Core Offering with Launch of New ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Today, RBC iShares expands its iShares Core exchange traded fund (ETF) lineup with the launch of the iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged) (the ‘iShares Fund’).

    The iShares Fund will provide investors with broad-based exposure to the total U.S. equity market, covering large-, mid-, small-, and micro-capitalized companies. The iShares Fund is a Canadian dollar-hedged offering and complements the iShares Core S&P Total U.S. Stock Market Index ETF, XTOT, which was launched on June 2, 2025.

    The iShares Fund is expected to begin trading on the Toronto Stock Exchange (the “TSX”) today; the iShares Fund is managed by BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect wholly-owned subsidiary of BlackRock, Inc (“BlackRock”).

    Fund Name Ticker Annual
    Management
    Fee    1
    iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged) XTOH 0.07%2

    RBC iShares aims to help clients achieve their investment objectives by empowering them to build efficient portfolios and take control of their financial futures. RBC iShares is committed to delivering a truly differentiated ETF experience and positive outcomes for clients.

    For more information about RBC iShares, please visit https://www.rbcishares.com.

    About BlackRock

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

    About iShares

    iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.3 trillion in assets under management as of March 31, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

    iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

    About RBC
    Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 97,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

    We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

    About RBC Global Asset Management
    RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional) manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

    RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. Commissions, trailing commissions, management fees and expenses all may be associated with investing in ETFs. Please read the relevant prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

    ® / TM Trademark(s) of Royal Bank of Canada. Used under license. iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under license. © 2025 BlackRock Asset Management Canada Limited and RBC Global Asset Management Inc. All rights reserved.

    Contact for Media:
    Sydney Punchard
    Email: Sydney.Punchard@blackrock.com

    _______________________

    1 As an annualized percentage of the iShares Fund’s daily net asset value.
    2 If applicable, BlackRock Canada or an affiliate is entitled to receive a fee for acting as manager of each iShares ETF in which this iShares Fund may invest (an “underlying product fee” and together with the management fee payable to BlackRock Canada, the “total annual fee”). As the underlying product fees are embedded in the market value of the iShares ETFs in which this iShares Fund may invest, any underlying product fees are borne indirectly by this iShares Fund. BlackRock Canada will adjust the management fee payable to it by this iShares Fund to ensure that the total annual fees paid directly or indirectly to BlackRock Canada and its affiliates by this iShares Fund will not exceed the percentage of the NAV set out above. The total annual fee is exclusive of HST. Any underlying product fees borne indirectly by this iShares Fund are calculated and accrued daily and are paid not less than annually.

    The MIL Network –

  • MIL-OSI: RBC iShares Expands iShares Core Offering with Launch of New ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Today, RBC iShares expands its iShares Core exchange traded fund (ETF) lineup with the launch of the iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged) (the ‘iShares Fund’).

    The iShares Fund will provide investors with broad-based exposure to the total U.S. equity market, covering large-, mid-, small-, and micro-capitalized companies. The iShares Fund is a Canadian dollar-hedged offering and complements the iShares Core S&P Total U.S. Stock Market Index ETF, XTOT, which was launched on June 2, 2025.

    The iShares Fund is expected to begin trading on the Toronto Stock Exchange (the “TSX”) today; the iShares Fund is managed by BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect wholly-owned subsidiary of BlackRock, Inc (“BlackRock”).

    Fund Name Ticker Annual
    Management
    Fee    1
    iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged) XTOH 0.07%2

    RBC iShares aims to help clients achieve their investment objectives by empowering them to build efficient portfolios and take control of their financial futures. RBC iShares is committed to delivering a truly differentiated ETF experience and positive outcomes for clients.

    For more information about RBC iShares, please visit https://www.rbcishares.com.

    About BlackRock

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

    About iShares

    iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.3 trillion in assets under management as of March 31, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

    iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

    About RBC
    Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 97,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

    We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

    About RBC Global Asset Management
    RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional) manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

    RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. Commissions, trailing commissions, management fees and expenses all may be associated with investing in ETFs. Please read the relevant prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

    ® / TM Trademark(s) of Royal Bank of Canada. Used under license. iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under license. © 2025 BlackRock Asset Management Canada Limited and RBC Global Asset Management Inc. All rights reserved.

    Contact for Media:
    Sydney Punchard
    Email: Sydney.Punchard@blackrock.com

    _______________________

    1 As an annualized percentage of the iShares Fund’s daily net asset value.
    2 If applicable, BlackRock Canada or an affiliate is entitled to receive a fee for acting as manager of each iShares ETF in which this iShares Fund may invest (an “underlying product fee” and together with the management fee payable to BlackRock Canada, the “total annual fee”). As the underlying product fees are embedded in the market value of the iShares ETFs in which this iShares Fund may invest, any underlying product fees are borne indirectly by this iShares Fund. BlackRock Canada will adjust the management fee payable to it by this iShares Fund to ensure that the total annual fees paid directly or indirectly to BlackRock Canada and its affiliates by this iShares Fund will not exceed the percentage of the NAV set out above. The total annual fee is exclusive of HST. Any underlying product fees borne indirectly by this iShares Fund are calculated and accrued daily and are paid not less than annually.

    The MIL Network –

  • MIL-OSI Africa: Democratic Republic of Congo’s (DRC) Minister of Hydraulic Resources, Electricity Joins African Mining Week


    Download logo

    Teddy Lwamba, Minister of Hydraulic Resources and Electricity of the Democratic Republic of Congo (DRC), has confirmed his participation as a speaker at African Mining Week (AMW), taking place from October 1–3, 2025, in Cape Town under the theme, From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth.

    Minister Lwamba will join the panel, Powering Africa’s Mining Operations with Renewables, highlighting the DRC’s efforts to integrate renewable energy and modern infrastructure into its mining value chain.

    AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    The event provides a strategic platform for Minister Lwamba to emphasize growing collaboration between the mining and power sectors, aimed at unlocking the DRC’s estimated $24 trillion in untapped mineral wealth. The DRC is currently the world’s leading cobalt producer, accounting for over 70% of global supply, and Africa’s largest copper producer.

    In June 2025, the DRC began construction of the 64 MW Katende Hydroelectric Power Plant (http://apo-opa.co/3FY1EQV), set to power key mining areas including Kananga, Bunkonde, Tshimbulu and Mbuji-Mayi. In partnership with the African Development Bank’s Mission 300 energy access initiative, the DRC aims to triple GDP by expanding electricity access for residential, industrial, and mining users. Through the $340 million Moyi Power Metro-Grids project (http://apo-opa.co/4ehPCOS), the government will also deliver reliable electricity to over one million people and businesses in Bumba, Isiro and Gemena.

    Further advancing the country’s energy ecosystem, a $634 million government-backed program (http://apo-opa.co/4eFqxhf) – supported by the World Bank and Green Climate Fund – was launched in March 2025 to expand generation capacity and rehabilitate transmission networks across 14 towns.

    Under Minister Lwamba’s leadership, the Ministry has also fostered an enabling environment for private investment. Canadian mining firm Ivanhoe Mines (http://apo-opa.co/4erkLQa) has committed $200 million to stabilize the southern DRC grid, while mining firms including CMOC and ERG are investing in dedicated on-site generation and transmission infrastructure.

    AMW 2025 presents a timely opportunity for Minister Lwamba to engage with key energy and mining stakeholders and forge new partnerships to scale up infrastructure and drive sectoral growth. His participation also reinforces the DRC’s commitment to sustainable resource development and regional energy cooperation.

    Distributed by APO Group on behalf of Energy Capital & Power.

    MIL OSI Africa –

  • MIL-OSI: Shell plc (“Shell”) statement re BP plc (“BP”)

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

    FOR IMMEDIATE RELEASE

    THIS ANNOUNCEMENT IS AN ANNOUNCEMENT UNDER RULE 2.8 OF THE UK CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”)

    26 June 2025

    Shell plc (“Shell”) statement re BP plc (“BP”)

    In response to recent media speculation Shell wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible offer.

    This is a statement to which Rule 2.8 of the Code applies and accordingly Shell confirms it has no intention of making an offer for BP. As a result Shell will be bound by the restrictions set out in Rule 2.8 of the Code.

    We remain focused on delivering more value with less emissions through performance, discipline and simplification.

    Under Note 2 on Rule 2.8 of the Code, Shell reserves the right to set the restrictions in Rule 2.8 aside in the following circumstances:

    1. with the agreement of the board of BP;
    2. if a third party announces a firm intention to make an offer for BP;
    3. if BP announces a Rule 9 waiver (see Note 1 of the Notes on Dispensations from Rule 9) or a reverse takeover (as defined in the Code); and
    4. if there has been a material change of circumstances (as determined by the Takeover Panel).

    The contents of this announcement will be available at www.shell.com.

    The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

    ENQUIRIES

    Shell Media Relations

    International +44 207 934 5550; U.S. and Canada: Contact form

    LEI number of Shell plc: 21380068P1DRHMJ8KU70

    Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom.

    The MIL Network –

  • MIL-OSI: Shell plc (“Shell”) statement re BP plc (“BP”)

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

    FOR IMMEDIATE RELEASE

    THIS ANNOUNCEMENT IS AN ANNOUNCEMENT UNDER RULE 2.8 OF THE UK CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”)

    26 June 2025

    Shell plc (“Shell”) statement re BP plc (“BP”)

    In response to recent media speculation Shell wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible offer.

    This is a statement to which Rule 2.8 of the Code applies and accordingly Shell confirms it has no intention of making an offer for BP. As a result Shell will be bound by the restrictions set out in Rule 2.8 of the Code.

    We remain focused on delivering more value with less emissions through performance, discipline and simplification.

    Under Note 2 on Rule 2.8 of the Code, Shell reserves the right to set the restrictions in Rule 2.8 aside in the following circumstances:

    1. with the agreement of the board of BP;
    2. if a third party announces a firm intention to make an offer for BP;
    3. if BP announces a Rule 9 waiver (see Note 1 of the Notes on Dispensations from Rule 9) or a reverse takeover (as defined in the Code); and
    4. if there has been a material change of circumstances (as determined by the Takeover Panel).

    The contents of this announcement will be available at www.shell.com.

    The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

    ENQUIRIES

    Shell Media Relations

    International +44 207 934 5550; U.S. and Canada: Contact form

    LEI number of Shell plc: 21380068P1DRHMJ8KU70

    Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom.

    The MIL Network –

  • MIL-OSI Global: ‘I’m dreading birthing in such a system’: what Indigenous women globally think of birth care and what they’d like to see instead

    Source: The Conversation – Global Perspectives – By Nina Sivertsen, Associate Professor, College of Nursing and Health Sciences, Flinders University

    Pregnancy and having a baby can be a special time. And families want to feel safe and trust their maternity care.

    But when we reviewed the evidence, we found many Indigenous families globally face unfair treatment during pregnancy and birth. This can include racism, neglecting cultural aspects of their care, or using health care poorly designed to accommodate their needs.

    We found similar themes in research involving more than 1,400 Indigenous women, Elders, fathers, family members and health workers from locations including Australia, New Zealand, Canada, the United States, Greenland and Sápmi (parts of Norway, Sweden, Finland and Russia).

    Many Indigenous families felt disrespected. They said hospital staff often didn’t understand their cultures or give them basic rights during their maternity care, such as being listened to, included in decision-making, or giving informed consent.

    As a result, some families felt hesitant to seek care in mainstream hospitals. As one Indigenous woman told us during recent Australian research submitted for publication:

    I’m dreading birthing in such a system.

    But there are alternatives.

    What can hospitals do?

    There is a clear need to improve birthing services and cultural safety in mainstream hospitals with a focus on respecting the beliefs, practices and traditions of all families, including Indigenous ones.

    For example, many Indigenous families view childbirth as a communal event with extended family support. But hospital policies that limit the number of support people often disregard these important cultural practices.

    Indigenous families also need to get the type of health care they trust and feel comfortable with. Ideally this might involve staff with sound cultural knowledge and who can support families clinically in a culturally safe way.

    Aboriginal patient liaison officers are sometimes available in hospitals or health services. But there are not often enough, they have to service entire facilities, and they provide cultural support not clinical patient care.

    Indigenous families may also want to access a specific type of care. One example is “continuity of care”, where the same midwife or a small team of midwives, supports the family through the whole pregnancy. Ideally, these midwives should be Indigenous or, if not, be trained in supporting Indigenous families with respect and understanding.

    What is ‘birthing on Country’?

    For Indigenous women living in rural and remote areas, being sent away from home to give birth in a city hospital can be really hard.

    Sometimes women and families are evacuated from their home communities and have to stay for weeks or months in temporary accommodation in the city, both before and after birth, or if their baby is born pre-term and needs extra care. This temporary accommodation can be far from the hospital.

    All this takes place in unknown cities and towns, without family support, and sometimes away from their other children cared for by the community back home.

    This makes it harder for mums who need extra support, and can get in the way of starting breastfeeding and bonding with their baby.

    Again, there is an alternative. For many Indigenous families, giving birth is not just about having a baby. It’s also a spiritual and cultural event that strengthens their identity and connection to Country. A “birthing on Country” model of care, which respects Indigenous traditions and knowledge, reinforces that.

    This is midwife-led care designed for and with Indigenous communities. It doesn’t mean you have to birth in rural and remote spaces, but it is a model of care that focuses on culture, and can also be implemented in the city.

    Ideally, families would see the same midwife or team of midwives and use the “birthing on Country” model.

    What else can we do?

    Maternity services can be led by Indigenous people, which many women prefer. But Indigenous staff make up about 3.1% of the Australian health workforce.

    So it is crucial to engage non-Indigenous staff in building relationships and to support Indigenous families in their right to receive culturally safe care.

    This can start with better training for staff, not only to understand and respond to an Indigenous person’s individual needs, but to know when and how to speak up, call out or report racist or disrespectful behaviour.

    This is everyone’s problem

    A health system you can trust should be safe for everyone. If some people feel unsafe or face discrimination when getting care, this not only affects them, it affects everyone.

    For instance, when Indigenous women avoid or delay going to the hospital because of past bad experiences or discrimination, it can lead to health problems that could have been prevented.

    This not only harms the women, it puts more pressure on the public health system, which affects us all.

    By talking about these issues, we hope all Australians begin to care about the safety of all women during pregnancy and birth.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. ‘I’m dreading birthing in such a system’: what Indigenous women globally think of birth care and what they’d like to see instead – https://theconversation.com/im-dreading-birthing-in-such-a-system-what-indigenous-women-globally-think-of-birth-care-and-what-theyd-like-to-see-instead-256877

    MIL OSI – Global Reports –

  • MIL-OSI Global: ‘I’m dreading birthing in such a system’: what Indigenous women globally think of birth care and what they’d like to see instead

    Source: The Conversation – Global Perspectives – By Nina Sivertsen, Associate Professor, College of Nursing and Health Sciences, Flinders University

    Pregnancy and having a baby can be a special time. And families want to feel safe and trust their maternity care.

    But when we reviewed the evidence, we found many Indigenous families globally face unfair treatment during pregnancy and birth. This can include racism, neglecting cultural aspects of their care, or using health care poorly designed to accommodate their needs.

    We found similar themes in research involving more than 1,400 Indigenous women, Elders, fathers, family members and health workers from locations including Australia, New Zealand, Canada, the United States, Greenland and Sápmi (parts of Norway, Sweden, Finland and Russia).

    Many Indigenous families felt disrespected. They said hospital staff often didn’t understand their cultures or give them basic rights during their maternity care, such as being listened to, included in decision-making, or giving informed consent.

    As a result, some families felt hesitant to seek care in mainstream hospitals. As one Indigenous woman told us during recent Australian research submitted for publication:

    I’m dreading birthing in such a system.

    But there are alternatives.

    What can hospitals do?

    There is a clear need to improve birthing services and cultural safety in mainstream hospitals with a focus on respecting the beliefs, practices and traditions of all families, including Indigenous ones.

    For example, many Indigenous families view childbirth as a communal event with extended family support. But hospital policies that limit the number of support people often disregard these important cultural practices.

    Indigenous families also need to get the type of health care they trust and feel comfortable with. Ideally this might involve staff with sound cultural knowledge and who can support families clinically in a culturally safe way.

    Aboriginal patient liaison officers are sometimes available in hospitals or health services. But there are not often enough, they have to service entire facilities, and they provide cultural support not clinical patient care.

    Indigenous families may also want to access a specific type of care. One example is “continuity of care”, where the same midwife or a small team of midwives, supports the family through the whole pregnancy. Ideally, these midwives should be Indigenous or, if not, be trained in supporting Indigenous families with respect and understanding.

    What is ‘birthing on Country’?

    For Indigenous women living in rural and remote areas, being sent away from home to give birth in a city hospital can be really hard.

    Sometimes women and families are evacuated from their home communities and have to stay for weeks or months in temporary accommodation in the city, both before and after birth, or if their baby is born pre-term and needs extra care. This temporary accommodation can be far from the hospital.

    All this takes place in unknown cities and towns, without family support, and sometimes away from their other children cared for by the community back home.

    This makes it harder for mums who need extra support, and can get in the way of starting breastfeeding and bonding with their baby.

    Again, there is an alternative. For many Indigenous families, giving birth is not just about having a baby. It’s also a spiritual and cultural event that strengthens their identity and connection to Country. A “birthing on Country” model of care, which respects Indigenous traditions and knowledge, reinforces that.

    This is midwife-led care designed for and with Indigenous communities. It doesn’t mean you have to birth in rural and remote spaces, but it is a model of care that focuses on culture, and can also be implemented in the city.

    Ideally, families would see the same midwife or team of midwives and use the “birthing on Country” model.

    What else can we do?

    Maternity services can be led by Indigenous people, which many women prefer. But Indigenous staff make up about 3.1% of the Australian health workforce.

    So it is crucial to engage non-Indigenous staff in building relationships and to support Indigenous families in their right to receive culturally safe care.

    This can start with better training for staff, not only to understand and respond to an Indigenous person’s individual needs, but to know when and how to speak up, call out or report racist or disrespectful behaviour.

    This is everyone’s problem

    A health system you can trust should be safe for everyone. If some people feel unsafe or face discrimination when getting care, this not only affects them, it affects everyone.

    For instance, when Indigenous women avoid or delay going to the hospital because of past bad experiences or discrimination, it can lead to health problems that could have been prevented.

    This not only harms the women, it puts more pressure on the public health system, which affects us all.

    By talking about these issues, we hope all Australians begin to care about the safety of all women during pregnancy and birth.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. ‘I’m dreading birthing in such a system’: what Indigenous women globally think of birth care and what they’d like to see instead – https://theconversation.com/im-dreading-birthing-in-such-a-system-what-indigenous-women-globally-think-of-birth-care-and-what-theyd-like-to-see-instead-256877

    MIL OSI – Global Reports –

  • MIL-OSI: Jefferson Capital Announces Pricing of Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, June 25, 2025 (GLOBE NEWSWIRE) — Jefferson Capital, Inc. (“Jefferson Capital”), a leading analytically driven purchaser and manager of charged-off and insolvency consumer accounts, today announced the pricing of its underwritten initial public offering of 10,000,000 shares of common stock at an initial public offering price of $15.00 per share. Jefferson Capital is offering 625,000 shares of common stock, and certain existing stockholders are offering 9,375,000 shares of common stock. In addition, the underwriters of the offering have a 30-day option to purchase from the selling stockholders up to 1,500,000 additional shares of common stock at the initial public offering price, less underwriting discounts and commissions. Jefferson Capital will not receive any proceeds from the sale of shares by the selling stockholders.

    Jefferson Capital’s common stock is expected to begin trading on the Nasdaq Global Select Market on June 26, 2025 under the ticker symbol “JCAP.”   The offering is expected to close on June 27, 2025, subject to customary closing conditions.

    Jefferies and Keefe, Bruyette & Woods, A Stifel Company, are acting as joint-lead book-running managers for the offering. Citizens Capital Markets, Raymond James, Truist Securities, Capital One Securities, DNB Carnegie, Regions Securities LLC and Synovus are acting as book-running managers for the offering. FHN Financial Securities Corp. and ING Financial Markets LLC are acting as co-managers for the offering.

    A registration statement relating to the sale of these securities was declared effective by the Securities and Exchange Commission on June 25, 2025. The offering is being made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained, when available, from: Jefferies LLC, at Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at 877-821-7388, or by email at prospectus_department@jefferies.com; or Keefe, Bruyette & Woods, Inc. by telephone at (800) 966-1559, or by e-mail at USCapitalMarkets@kbw.com.

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

    Use of Forward-Looking Statements

    This press release may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this press release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements.

    About Jefferson Capital, Inc.

    Founded in 2002, Jefferson Capital is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations in the United States, Canada, the United Kingdom and Latin America. It purchases and services both secured and unsecured assets, and its growing client base includes Fortune 500 creditors, banks, fintech origination platforms, telecommunications providers, credit card issuers and auto finance companies. Jefferson Capital is headquartered in Minneapolis, Minnesota with additional offices and operations located in Sartell, Minnesota, Denver, Colorado and San Antonio, Texas (United States); Basingstoke, England; London, England and Paisley, Scotland (United Kingdom); London, Ontario and Toronto, Ontario (Canada); as well as Bogota (Colombia).

    Contacts

    Investor Relations: IR@jcap.com

    Media Relations: Doug.Donsky@icrinc.com

    SOURCE Jefferson Capital

    The MIL Network –

  • MIL-Evening Report: ‘I’m dreading birthing in such a system’: what Indigenous women globally think of birth care and what they’d like to see instead

    Source: The Conversation (Au and NZ) – By Nina Sivertsen, Associate Professor, College of Nursing and Health Sciences, Flinders University

    Pregnancy and having a baby can be a special time. And families want to feel safe and trust their maternity care.

    But when we reviewed the evidence, we found many Indigenous families globally face unfair treatment during pregnancy and birth. This can include racism, neglecting cultural aspects of their care, or using health care poorly designed to accommodate their needs.

    We found similar themes in research involving more than 1,400 Indigenous women, Elders, fathers, family members and health workers from locations including Australia, New Zealand, Canada, the United States, Greenland and Sápmi (parts of Norway, Sweden, Finland and Russia).

    Many Indigenous families felt disrespected. They said hospital staff often didn’t understand their cultures or give them basic rights during their maternity care, such as being listened to, included in decision-making, or giving informed consent.

    As a result, some families felt hesitant to seek care in mainstream hospitals. As one Indigenous woman told us during recent Australian research submitted for publication:

    I’m dreading birthing in such a system.

    But there are alternatives.

    What can hospitals do?

    There is a clear need to improve birthing services and cultural safety in mainstream hospitals with a focus on respecting the beliefs, practices and traditions of all families, including Indigenous ones.

    For example, many Indigenous families view childbirth as a communal event with extended family support. But hospital policies that limit the number of support people often disregard these important cultural practices.

    Indigenous families also need to get the type of health care they trust and feel comfortable with. Ideally this might involve staff with sound cultural knowledge and who can support families clinically in a culturally safe way.

    Aboriginal patient liaison officers are sometimes available in hospitals or health services. But there are not often enough, they have to service entire facilities, and they provide cultural support not clinical patient care.

    Indigenous families may also want to access a specific type of care. One example is “continuity of care”, where the same midwife or a small team of midwives, supports the family through the whole pregnancy. Ideally, these midwives should be Indigenous or, if not, be trained in supporting Indigenous families with respect and understanding.

    What is ‘birthing on Country’?

    For Indigenous women living in rural and remote areas, being sent away from home to give birth in a city hospital can be really hard.

    Sometimes women and families are evacuated from their home communities and have to stay for weeks or months in temporary accommodation in the city, both before and after birth, or if their baby is born pre-term and needs extra care. This temporary accommodation can be far from the hospital.

    All this takes place in unknown cities and towns, without family support, and sometimes away from their other children cared for by the community back home.

    This makes it harder for mums who need extra support, and can get in the way of starting breastfeeding and bonding with their baby.

    Again, there is an alternative. For many Indigenous families, giving birth is not just about having a baby. It’s also a spiritual and cultural event that strengthens their identity and connection to Country. A “birthing on Country” model of care, which respects Indigenous traditions and knowledge, reinforces that.

    This is midwife-led care designed for and with Indigenous communities. It doesn’t mean you have to birth in rural and remote spaces, but it is a model of care that focuses on culture, and can also be implemented in the city.

    Ideally, families would see the same midwife or team of midwives and use the “birthing on Country” model.

    What else can we do?

    Maternity services can be led by Indigenous people, which many women prefer. But Indigenous staff make up about 3.1% of the Australian health workforce.

    So it is crucial to engage non-Indigenous staff in building relationships and to support Indigenous families in their right to receive culturally safe care.

    This can start with better training for staff, not only to understand and respond to an Indigenous person’s individual needs, but to know when and how to speak up, call out or report racist or disrespectful behaviour.

    This is everyone’s problem

    A health system you can trust should be safe for everyone. If some people feel unsafe or face discrimination when getting care, this not only affects them, it affects everyone.

    For instance, when Indigenous women avoid or delay going to the hospital because of past bad experiences or discrimination, it can lead to health problems that could have been prevented.

    This not only harms the women, it puts more pressure on the public health system, which affects us all.

    By talking about these issues, we hope all Australians begin to care about the safety of all women during pregnancy and birth.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. ‘I’m dreading birthing in such a system’: what Indigenous women globally think of birth care and what they’d like to see instead – https://theconversation.com/im-dreading-birthing-in-such-a-system-what-indigenous-women-globally-think-of-birth-care-and-what-theyd-like-to-see-instead-256877

    MIL OSI Analysis – EveningReport.nz –