Category: Canada

  • MIL-Evening Report: Greta Thunberg tried to shame Western leaders – and found they have no shame

    ANALYSIS: By Jonathan Cook in Middle East Eye

    If you imagined Western politicians and media were finally showing signs of waking up to Israel’s genocide in Gaza, think again.

    Even the decision this week by several Western states, led by the UK, to ban the entry of Bezalel Smotrich and Itamar Ben Gvir, two far-right Israeli cabinet ministers, is not quite the pushback it is meant to seem.

    Britain, Australia, Canada, New Zealand and Norway may be seeking strength in numbers to withstand retaliation from Israel and the United States. But in truth, they have selected the most limited and symbolic of all the possible sanctions they could have imposed on the Israeli government.

    Their meagre action is motivated solely out of desperation. They urgently need to deter Israel from carrying through plans to formally annex the Occupied West Bank and thereby tear away the last remnants of the two-state comfort blanket — the West’s solitary pretext for decades of inaction.

    And as a bonus, the entry ban makes Britain and the others look like they are getting tough with Israel on Gaza, even as they do nothing to stop the mounting horrors there.

    Even the Israeli Ha’aretz newspaper’s senior columnist Gideon Levy mocked what he called a “tiny, ridiculous step” by the UK and others, saying it would make no difference to the slaughter in Gaza. He called for sanctions against “Israel in its entirety”.

    “Do they really believe this punishment will have some sort of effect on Israel’s moves?” Levy asked incredulously.

    2500 sanctions on Russia
    Remember as Britain raps two cabinet ministers on the knuckles that the West has imposed more than 2500 sanctions on Russia.

    While David Lammy, the UK’s Foreign Secretary, worries about the future of a non-existent diplomatic process — one trashed by Israel two decades ago — Palestinian children are still starving to death unseen.

    The genocide is not going to end unless the West forces Israel to stop. This week more than 40 Israeli military intelligence officers went on an effective strike, refusing to be involved in combat operations, saying Israel was waging a “clearly illegal” and “eternal war” in Gaza.

    Yet Starmer and Lammy will not even concede that Israel has violated international law.  

    What is clear is that British Prime Minister Keir Starmer’s sighs of regret last month — expressing how “intolerable” he finds the “situation” in Gaza — were purely performative.

    Starmer and the rest of the Western establishment have continued tolerating what they claim to find “intolerable”, even as the death toll from Israel’s bombs, gunfire and starvation campaign grow day by day.

    Those emaciated children — profoundly malnourished, their stick-then legs covered by the thinnest membrane of skin — aren’t going to recover without meaningful intervention. Their condition won’t stabilise while Israel deprives them of food day after day. Sooner or later they will die, mostly out of our view.

    Parents must risk lives
    Meanwhile, desperate parents must now risk their lives, forced to run the gauntlet of Israeli gunfire, in a — usually forlorn — bid to be among the handful of families able to grab paltry supplies of largely unusable, dried food. Most families have no water or fuel to cook with.

    As if mocking Palestinians, the Western media continue to refer to this real-life, scaled-up Hunger Games — imposed by Israel in place of the long-established United Nations relief system — as “aid distribution”.

    We are supposed to believe it is addressing Gaza’s “humanitarian crisis” even as it deepens the crisis.

    On the kindest analysis, Western capitals are settling back into a mix of silence and deflections, having got in their excuses just before Israel crosses the finishing line of its genocide.

    They have readied their alibis for the moment when international journalists are allowed in — the day after the population of Gaza has either been exterminated or violently herded into neighbouring Sinai.

    Or more likely, a bit of both.

    Truth inverted
    What distinguishes Israel’s ongoing slaughter of the two million-plus people of Gaza is this. It is the first stage-managed genocide in history. It is a Holocaust rewritten as public theatre, a spectacle in which every truth is carefully inverted.

    That can best be achieved, of course, if those trying to write a different, honest script are eliminated. The extent and authorship of the horrors can be edited out, or obscured through a series of red herrings, misdirecting onlookers.

    Israel has murdered more than 220 Palestinian journalists in Gaza over the past 20 months, and has been keeping Western journalists far from the killing fields.

    Like the West’s politicians, the foreign correspondents finally piped up last month — in their case, to protest at being barred from Gaza. No less than the politicians, they were keen to ready their excuses.

    They have careers and their future credibility to think about, after all.

    The journalists have publicly worried that they are being excluded because Israel has something to hide. As though Israel had nothing to hide in the preceding 20 months, when those same journalists docilely accepted their exclusion — and invariably regurgitated Israel’s deceitful spin on its atrocities.

    If you imagine that the reporting from Gaza would have been much different had the BBC, CNN, The Guardian or The New York Times had reporters on the ground, think again.

    The truth is the coverage would have looked much as it has done for more than a year and a half, with Israel dictating the story lines, with Israel’s denials foregrounded, with Israel’s claims of Hamas “terrorists” in every hospital, school, bakery, university, and refugee camp used to justify the destruction and slaughter.

    British doctors volunteering in Gaza who have told us there were no Hamas fighters in the hospitals they worked in, or anyone armed apart from the Israeli soldiers that shot up their medical facilities, would not be more believed because Jeremy Bowen interviewed them in Khan Younis rather than Richard Madeley in a London studio.

    Breaking the blockade
    If proof of that was needed, it came this week with the coverage of Israel’s brazen act of piracy against a UK-flagged ship, the Madleen, trying to break Israel’s genocidal aid blockade.

    Israel’s law-breaking did not happen this time in sealed-off Gaza, or against dehumanised Palestinians.

    Israel’s slaughter of the two million-plus people of Gaza is the first stage-managed genocide in history. It is a Holocaust rewritten as public theatre

    Israel’s ramming and seizure of the vessel took place on the high seas, and targeted a 12-member Western crew, including the famed young Swedish climate activist Greta Thunberg. All were abducted and taken to Israel.

    Thunberg was trying to use her celebrity to draw attention to Israel’s illegal, genocidal blockade of aid. She did so precisely by trying to break that blockade peacefully.

    The defiance of the Madleen’s crew in sailing to Gaza was intended to shame Western governments that are under a legal — and it goes without saying, moral — obligation to stop a genocide under the provisions of the 1948 Genocide Convention they have ratified.

    Western citizens wring hands
    Western capitals have been ostentatiously wringing their hands at the “humanitarian crisis” of Israel starving two million people in full view of the world.

    The Madleen’s mission was to emphasise that those states could do much more than tell two Israeli cabinet ministers they are not welcome to visit. Together they could break the blockade, if they so wished.

    Britain, France and Canada — all of whom claimed last month that the “situation” in Gaza was “intolerable” — could organise a joint naval fleet carrying aid to Gaza through international waters. They would arrive in Palestinian territorial waters off the coast of Gaza.

    At no point would they be in Israel territory.

    Any attempt by Israel to interfere would be an act of war against these three states — and against Nato. The reality is Israel would be forced to pull back and allow the aid in.

    But, of course, this scenario is pure fantasy. Britain, France and Canada have no intention of breaking Israel’s “intolerable” siege of Gaza.

    None of them has any intention of doing anything but watch Israel starve the population to death, then describe it as a “humanitarian catastrophe” they were unable to stop.

    The Madleen has preemptively denied them this manoeuvre and highlighted Western leaders’ actual support for genocide — as well as let the people of Gaza know that a majority of the Western public oppose their governments’ collusion in Israel’s criminality.

    ‘Selfie yacht’
    The voyage was intended too as a vigorous nudge to awaken those in the West still slumbering through the genocide. Which is precisely why the Madleen’s message had to be smothered with spin, carefully prepared by Israel.

    The Israeli Foreign Ministry issued statements calling the aid ship a “celebrity selfie yacht“, while dismissing its action as a “public relations stunt” and “provocation”. Israeli officials portrayed Thunberg as a “narcissist” and “antisemite”.

    When Israeli soldiers illegally boarded the ship, they filmed themselves trying to hand out sandwiches to the crew — an actual stunt that should appall anyone mindful that, while Israel was concern-trolling Western publics about the nutritional needs of the Madleen crew, it was also starving two million Palestinians to death, half of them children.

    Did the British government, whose vessel was rammed and invaded in international waters, angrily protest the attack? Did the reliably patriotic British media rally against this humiliating violation of UK sovereignty?

    No, Starmer and Lammy once again had nothing to say on the matter.

    They have yet to concede that Israel is even breaking international law in denying the people of Gaza all food and water for more than three months, let alone acknowledge that this actually constitutes genocide.

    Instead, Lammy’s officials — 300 of whom have protested against the UK’s continuing collusion in Israeli atrocities — have been told to resign rather than raise objections rooted in international law.

    Bypass legal advisers
    According to sources within the Foreign Office cited by former British ambassador Craig Murray, Lammy has also insisted that any statements relating to the Madleen bypass the government’s legal advisers.

    Why? To allow Lammy plausible deniability as he evades Britain’s legal obligation to respond to Israel’s assault on a vessel sailing under UK protection.

    The media, meanwhile, has played its own part in whitewashing this flagrant crime — one that has taken place in full view, not hidden away in Gaza’s conveniently engineered “fog of war”.

    Much of the press adopted the term “selfie yacht” as if it were their own. As though Thunberg and the rest of the crew were pleasure-seekers promoting their social media platforms rather than risking their lives taking on the might of a genocidal Israeli military.

    They had good reason to be fearful. After all, the Israeli military shot dead 10 of their predecessors — activists on the Mavi Marmara aid ship to Gaza — 15 years ago. Israel has killed in cold blood American citizens such as Rachel Corrie, British citizens such as Tom Hurndall, and acclaimed journalists such as Shireen Abu Akleh.

    And for those with longer memories, the Israeli air force killed more than 30 American servicemen in a two-hour attack in 1967 on the USS Liberty, and wounded 170 more. The anniversary of that crime — covered up by every US administration — was commemorated by its survivors the day before the attack on the Madleen.

    ‘Detained’, not abducted
    Israel’s trivialising smears of the Madleen crew were echoed uncritically from Sky News and The Telegraph to LBC and Piers Morgan. 

    Strangely, journalists who had barely acknowledged the tsunami of selfies taken by Israeli soldiers glorifying their war crimes on social media were keenly attuned to a supposed narcissistic, selfie culture rampant among human-rights activists.

    As Thunberg headed back to Europe on Tuesday, the media continued with its assault on the English language and common sense. They reported that she had been “deported” from Israel, as though she had smuggled herself into Israel illegally rather than being been forcibly dragged there by the Israeli military.

    But even the so-called “serious” media buried the significance both of the Madleen’s voyage to Gaza and of Israel’s lawbreaking. From The Guardian and BBC to The New York Times and CBS, Israel’s criminal attack was characterised as the aid ship being “intercepted” or “diverted”, and of Israel “taking control” of the vessel.

    For the Western media, Thunberg was “detained”, not abducted.

    The framing was straight out of Tel Aviv. It was a preposterous narrative in which Israel was presented as taking actions necessary to restore order in a situation of dangerous rule-breaking and anarchy by activists on a futile and pointless excursion to Gaza.

    The coverage was so uniform not because it related to any kind of reality, but because it was pure propaganda — narrative spin that served not only Israel’s interests but that of a Western political and media class deeply implicated in Israel’s genocide.

    Arming criminals
    In another glaring example of this collusion, the Western media chose to almost immediately bury what should have been explosive comments last week from Israeli Prime Minister Benjamin Netanyahu.

    He admitted that Israel has been arming and cultivating close ties with criminal gangs in Gaza.

    He was responding to remarks from Avigdor Lieberman, a former political ally turned rival, that some of those assisted by Israel are affiliated to the jihadist group Islamic State. The most prominent is named Yasser Abu Shabab.

    The Western media either ignored this revelation or dutifully accepted Netanyahu’s self-serving characterisation of these ties as an alliance of convenience: one designed to weaken Hamas by promoting “rival local forces” and opening up new “post-war governing opportunities”.

    The real aim — or rather, two aims: one immediate, the other long term — are far more cynical and disturbing.

    More than six months ago, Palestinian analysts and the Israeli media began warning that Israel — after it had destroyed Gaza’s ruling institutions, including its police force – was working hand in hand with newly reinvigorated criminal gangs.

    Israel’s immediate aim of arming the criminals — turning them into powerful militias — was to intensify the breakdown of law and order. That served as the prelude to a double-barrelled Israeli disinformation campaign.

    Instead of the UN’s trusted and wide distribution network across Gaza, the GHF’s four “aid hubs” were perfectly designed to advance Israel’s genocidal goals

    Prime looting position
    These gangs were put in a prime position to loot food from the United Nations’ long-established aid distribution system and sell it on the black market. The looting helped Israel falsely claim both that Hamas was stealing aid from the UN and that the international body had proven itself unfit to run humanitarian operations in Gaza.

    Israel and the US then set about creating a mercenary front group — misleadingly called the Gaza Humanitarian Foundation — to run a sham replacement operation.

    Instead of the UN’s trusted and wide distribution network across Gaza, the GHF’s four “aid hubs” were perfectly designed to advance Israel’s genocidal goals.

    They are located in a narrow strip of territory next to the border with Egypt. Palestinians are forced to ethnically cleanse themselves into a tiny area of Gaza — if they are to stand any hope of eating — in preparation for their expulsion into Sinai.

    They have been herded into a massively congested area without the space or facilities to cope, where the spread of disease is guaranteed, and where they can be more easily massacred by Israeli bombs.

    An increasingly malnourished population must walk long distances and wait in massive crowds in the heat in the hope of small handouts of food. It is a situation engineered to heighten tensions, and lead to chaos and fighting.

    All of which provide an ideal pretext for Israeli soldiers to halt “aid distribution” pre-emptively in the interests of “public safety” and shoot into the crowds to “neutralise threats”, as has happened to lethal effect day after day.

    Repeated ‘aid hub’ massacres
    The repeated massacres at these “aid hubs” mean that the most vulnerable — those most in need of aid — have been frightened off, leaving gang members like Abu Shabab’s to enjoy the spoils.

    On Wednesday, Israel massacred at least 60 Palestinians, most of them seeking food, in what has already become normalised, a daily ritual of bloodletting that is already barely making headlines.

    And to add insult to injury, Israel has misrepresented its own drone footage of the very criminal gangs it arms, looting aid from trucks and shooting Palestinian aid-seekers as supposed evidence of Hamas stealing food and of the need for Israel to control aid distribution.

    All of this is so utterly transparent, and repugnant, it is simply astonishing it has not been at the forefront of Western coverage as politicians and media worry about how “intolerable the situation” in Gaza has become.

    Instead, the media has largely taken it as read that Hamas “steals aid”. The media has indulged an entirely bogus Israeli-fuelled debate about the need for aid distribution “reform”.

    And the media has equivocated about whether it is Israeli soldiers shooting dead those seeking aid.

    Of course, the media has refused to draw the only reasonable conclusion from all of this: that Israel is simply exploiting the chaos it has created to buy time for its starvation campaign to kill more Palestinians.

    Calibrated warlordism
    But there is much more at stake. Israel is fattening up these criminal gangs for a grander, future role in what used to be termed the “day after” — until it became all too clear that the period in question would follow the completion of Israel’s genocide.

    It comes as no surprise to any Palestinian to hear confirmation from Netanyahu that Israel has been arming criminal gangs in Gaza, even those with affiliations to Islamic State.

    It should not surprise any journalist who has spent serious time, as I have, living in a Palestinian community and studying Israel’s colonial control mechanisms over Palestinian society.

    For years, Israel’s ultimate vision for the Palestinians – if they cannot be entirely expelled from their historic homeland – has been of carefully calibrated warlordism

    Palestinian academics have understood for at least two decades — long before Hamas’ lethal one-day break-out from Gaza on 7 October 2023 — why Israel has invested so much of its energy in dismantling bit by bit the institutions of Palestinian national identity in the occupied West Bank and East Jerusalem.

    The goal, they have been telling me and anyone else who would listen, was to leave Palestinian society so hollowed out, so crushed by the rule of feuding criminal gangs, that statehood would become inconceivable.

    As the Palestinian political analyst Muhammad Shehada observes of what is taking place in Gaza: “Israel is NOT using [the gangs] to go after Hamas, they’re using them to destroy Gaza itself from the inside.”

    For years, Israel’s ultimate vision for the Palestinians — if they cannot be entirely expelled from their historic homeland — has been of carefully calibrated warlordism. Israel would arm a series of criminal families in their geographic heartlands.

    Each would have enough light arms to terrorise their local populations into submission, and fight neighbouring families to define the extent of their fiefdom.

    None would have the military power to take on Israel. Instead they would have to compete for Israel’s favour — treating it like some inflated Godfather —  in the hope of securing an advantage over rivals.

    In this vision, the Palestinians — one of the most educated populations in the Middle East – are to be driven into a permanent state of civil war and “survival of the fittest” politics. Israel’s ambition is to eviscerate Palestinian social cohesion as effectively as it has bombed Gaza’s cities “into the Stone Age”.

    Divinely blessed
    This is a simple story, one that should be all too familiar to European publics if they were educated in their own histories.

    For centuries, Europeans spread outwards — driven by a supremacist zealotry and a desire for material gain — to conquer the lands of others, to steal resources, and to subordinate, expel and exterminate the natives that stood in their way.

    The native people were always dehumanised. They were always barbarians, “human animals”, even as we — the members of a supposedly superior civilisation — butchered them, starved them, levelled their homes, destroyed their crops.

    Our mission of conquest and extermination was always divinely blessed. Our success in eradicating native peoples, our efficiency in killing them, was always proof of our moral superiority.

    We were always the victims, even while we humiliated, tortured and raped. We were always on the side of righteousness.

    Israel has simply carried this tradition into the modern era. It has held a mirror up to us and shown that, despite all our grandstanding about human rights, nothing has really changed.

    There are a few, like Greta Thunberg and the crew of the Madleen, ready to show by example that we can break with the past. We can refuse to dehumanise. We can refuse to collude in industrial savagery. We can refuse to give our consent through silence and inaction.

    But first we must stop listening to the siren calls of our political leaders and the billionaire-owned media. Only then might we learn what it means to be human.

    Jonathan Cook is a writer, journalist and self-appointed media critic and author of many books about Palestine. Winner of the Martha Gellhorn Special Prize for Journalism. Republished from the author’s blog with permission.

    MIL OSI AnalysisEveningReport.nz

  • Air India crash: PM Modi visits Ahmedabad crash site, assesses damage, meets injured

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Friday visited the site of the Air India crash in Ahmedabad, where the London-bound flight carrying 242 people went down a day earlier.

    The aircraft crashed minutes after takeoff from Sardar Vallabhbhai Patel International Airport, killing 241 people. Only one passenger – a British national of Indian origin – survived.

    “The scene of devastation is saddening,” PM Modi said in a post on X after reviewing the wreckage. “Met officials and teams working tirelessly in the aftermath. Our thoughts remain with those who lost their loved ones in this unimaginable tragedy.”

    After his visit to the crash site, the Prime Minister proceeded to Ahmedabad Civil Hospital, where he met the injured and offered support to grieving families. He also interacted with doctors and medical staff — including those who had been hurt in the crash — and reviewed the condition of patients receiving treatment.

    Later, the Prime Minister chaired a high-level review meeting in Ahmedabad, joined by Gujarat Chief Minister Bhupendra Patel, Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu, State Home Minister Harsh Sanghavi, and other senior officials from both the Central and State governments.

    Flight AI-171, headed to London Gatwick, crashed into the hostel complex of BJ Medical College at 1:38 p.m. IST on Thursday, triggering a massive blaze and a large-scale emergency response.

    Union Home Minister Amit Shah visited the crash site on Thursday and later chaired a high-level meeting with Civil Aviation Minister Naidu, Gujarat Chief Minister Bhupendra Patel, and senior officials to review relief and rescue measures.

    Shah said DNA testing was underway to confirm the identities of the victims and assured that results would be delivered at the earliest by Gujarat’s Forensic Science Laboratory (FSL) and the National Forensic Sciences University (NFSU). DNA samples of family members arriving from abroad would be collected on arrival, he added.

    A formal investigation into the crash has been launched by the Aircraft Accident Investigation Bureau (AAIB) in accordance with international protocols under the International Civil Aviation Organization (ICAO), said Civil Aviation Minister Naidu. A high-level expert committee is also being formed to examine the incident and suggest safety improvements to prevent future tragedies.

    The United States National Transportation Safety Board (NTSB) announced it would send a team of investigators to India to assist the AAIB.

    “The NTSB will be leading a team of US investigators travelling to India to assist the Aircraft Accident Investigation Bureau with its investigation into the crash of an Air India Boeing 787 in Ahmedabad, India, Thursday,” the agency said, noting that all official updates would come from the Indian government under ICAO’s Annex 13 protocols.

    Rescue and Relief Operations Continue

    Rescue operations continued through the night as teams sifted through debris for missing aircraft parts.

    Parts of the plane’s fuselage were scattered around the smouldering building into which it crashed. The tail of the plane was stuck on top of the building.

    Air India CEO Campbell Wilson reached Ahmedabad early Friday. The airline said it had set up Friends & Relatives Assistance Centres at Ahmedabad, Mumbai, Delhi, and Gatwick airports to support the families of those on board.

    “These centres are facilitating the travel of family members to Ahmedabad,” Air India posted on X. Emergency contact numbers were also issued for those seeking information: 1800 5691 444 for calls from within India, and +91 8062779200 for international callers.

    The Tata Group, which took over Air India in 2022, announced a compensation of Rs 1 crore for the family of each deceased passenger.

    “Tata Group will provide Rs 1 crore to the families of each person who has lost their life in this tragedy. We will also cover the medical expenses of those injured and ensure that they receive all necessary care and support. Additionally, we will provide support in the building up of the B J Medical’s hostel,” Tata Sons Chairman N Chandrasekaran said on X.

    Earlier, Air India released a breakdown of the nationalities of those on board: 169 were Indian nationals, 53 British, seven Portuguese, and one Canadian.

    (With inputs from agencies)

  • Offered fullest support: EAM Jaishankar speaks to UK, Portugal, Canada over Air India plane crash

    Source: Government of India

    Source: Government of India (4)

    External Affairs Minister Dr S. Jaishankar said that he is in touch with his counterparts from the United Kingdom, Portugal, and Canada in the aftermath of the Air India Flight AI-171 crash in Ahmedabad, which claimed 241 lives.

    “In touch with FS @DavidLammy of UK, FM @PauloRangel_pt of Portugal and FM @AnitaAnandMP of Canada regarding the Ahmedabad plane crash. Expressed our profound condolences and offered fullest support in this hour of grief,” Jaishankar wrote in a post on X on Friday.

    He had earlier posted: “Thank all foreign leaders and Governments for their condolences at the tragic loss of lives in the Ahmedabad air crash. We appreciate this deeply.”

    The Air India Boeing 787-8 Dreamliner, operating as Flight AI-171 from Ahmedabad to London Gatwick, crashed shortly after takeoff on June 12, plummeting into a densely populated area near BJ Medical College.

    The crash led to the deaths of 241 of the 242 people on board. The sole survivor, a British national of Indian origin, is currently under medical care.

    Among the deceased were 53 British nationals, 7 Portuguese citizens, and 1 Canadian national, making the tragedy an international one. The Ministry of External Affairs (MEA) has since been coordinating with affected countries, offering full assistance with identification, repatriation, and communication with bereaved families.

    Emergency services continue recovery efforts at the site, while DNA testing is underway at BJ Medical College to identify remains too severely damaged for visual recognition.

    Several families from across India, including those from Gujarat, Maharashtra, and Uttar Pradesh, are still awaiting confirmation of their loved ones.

    The Indian government has assured a thorough investigation into what is now considered one of the deadliest aviation disasters in recent Indian history.

    Authorities from the Directorate General of Civil Aviation (DGCA) and Air India are cooperating with international agencies to determine the cause of the crash.

    (With inputs from agencies)

  • MIL-OSI Russia: UN chief expresses condolences over plane crash in India

    Translation. Region: Russian Federal

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

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

    UNITED NATIONS, June 13 (Xinhua) — United Nations Secretary-General Antonio Guterres is deeply saddened by the news of the crash of an Air India plane that killed more than 200 people, Deputy Spokesman for the Secretary-General Farhan Haq said on Thursday.

    A. Guterres expresses his sincere condolences to the families of the victims, the people and the Government of India, and all countries whose citizens have suffered as a result of this tragedy. He wishes a speedy and full recovery to those injured, F. Haq said in a statement.

    An Air India flight to London with 242 people on board crashed on Thursday shortly after takeoff from Ahmedabad airport in the western Indian state of Gujarat.

    The country’s Foreign Ministry said there was a high death toll, without giving exact figures.

    The Boeing 787-8 had 169 Indians, 53 British citizens, seven Portuguese citizens, one Canadian and 12 crew members on board. The plane crashed into a medical college dormitory. –0–

    MIL OSI Russia News

  • MIL-OSI: Terranet’s rights issue oversubscribed

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

    Terranet AB (“Terranet” or the “Company”) has completed the rights issue of units, consisting of shares of series B and warrants of series TO9 B, which the Board of Directors decided on April 16, 2025, and was approved by the Annual General Meeting on May 23, 2025 (the ‘Rights Issue’). The outcome shows that 10,349,896 units were subscribed for with unit rights, corresponding to approximately 74.6 percent of the Rights Issue. In addition, the Company has received subscription applications for 4,704,934 units, corresponding to approximately 33.9 percent of the Rights Issue, for subscription without unit rights. In total, 15,054,830 units were subscribed for with unit rights and subscription applications, corresponding to approximately 108.5 percent of the Rights Issue. The Rights Issue is thus oversubscribed and will raise approximately SEK 15 million before issue costs. No underwriting commitments will be utilised.

    Outcome of the Rights Issue
    The subscription period in the Rights Issue ended on June 11, 2025. The outcome shows that 10,349,896 units were subscribed for with unit rights, corresponding to approximately 74.6 percent of the Rights Issue. Furthermore, the Company has received subscription applications to subscribe for 4,704,934 units without unit rights, corresponding to approximately 33.9 percent of the Rights Issue. Thus, 15,054,830 units were subscribed for with and without unit rights, corresponding to approximately 108.5 percent of the Rights Issue. The Rights Issue is thus oversubscribed, and no underwriting commitments will be utilised.

    Each unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. In total, 13,880,714 units will thus be allocated, corresponding to 166,568,568 newly issued B-shares and 41,642,142 warrants of series TO9 B.

    Through the Rights Issue, the Company will receive approximately SEK 15 million before issue costs. Upon full utilisation of all warrants of series TO9 B within the framework of the offered units, the Company may receive an additional maximum of approximately SEK 15.1 million.

    Comment from Lars Lindell, CEO
    “We are very pleased that so many shareholders have chosen to exercise their subscription rights and thereby shown their confidence in the company and its future development. Through the proceeds we receive from the issues, we will be able to take significant steps in both product and business development and lay the foundation for the commercialization of BlincVision.”

    Allocation of units subscribed without unit rights
    Allotment of units subscribed for without unit rights has been made in accordance with what is stated in the information memorandum published by the Company on May 26, 2025, in connection with the Rights Issue. Notice of such allotment will be announced separately through a settlement note. Nominee-registered shareholders will receive notification of allotment in accordance with instructions from the respective nominee.

    Shares and share capital
    Through the Rights Issue, and after registration of the Second Directed Issue announced by the Company through a press release on April 16, 2025, the number of shares in the Company will increase by 166,568,568 B-shares from 1,471,519,182 shares (1,084,463 A-shares and 1,470,434,719 B-shares) to 1,638,087,750 shares, and the share capital will increase by SEK 1,665,685.68, from SEK 14,715,191.82 to SEK 16,380,877.50. The dilution effect, after registration of the Second Directed Issue, amounts to 10.2 percent in the Rights Issue.

    In the event that all attached warrants of series TO9 B are fully exercised for subscription of new B-shares in the Company, the number of shares in the Company will increase by an additional 83,729,677 B-shares, from 1,638,087,750 shares (1,084,463 A-shares and 1,637,003,287 B-shares) to 1,721,817,427 shares, and the share capital will increase by an additional SEK 837,296.770, from SEK 16,380,877.500 to SEK 17,218,174.270. The dilution effect, if all warrants of series TO9 B are exercised, amounts to 4.9 percent.

    Warrants of series TO9 B
    Each warrant of series TO9 B entitles the holder to subscribe for one (1) new B-share in the Company. One (1) warrant of series TO9 B entitles the holder to subscribe for one (1) B-share in the Company at a subscription price of SEK 0.18 (corresponding to 200 percent of the subscription price per B-share in the Directed Issues and the Rights Issue). Application for subscription of B-shares with the support of warrants of series TO9 B will take place during the period from December 1, 2025, up to and including December 15, 2025. The warrants are intended to be admitted to trading on Nasdaq First North Premier Growth Market.

    Paid subscribed units (“BTU”)
    Trading in BTU (paid subscribed units) will take place on Nasdaq First North Premier Growth Market until June 30, 2025, or until the conversion of BTUs into B shares and warrants of series TO9 B, which will take place after the Rights Issue has been registered with the Swedish Companies Registration Office. Registration with the Swedish Companies Registration Office is expected to take place during week 26, 2025.

    Compensation to underwriters
    In connection with the Rights Issue, two (2) external investors have provided underwriting commitments corresponding to 99.8 per cent of the Rights Issue. For underwriting commitments made, underwriting compensation of 12 percent of the underwritten amount is paid in the form of newly issued units. In total, a maximum of 1,661,774 new units may be issued as underwriting compensation to the underwriters.

    Advisers
    Mangold Fondkommission AB is the financial advisor to Terranet in connection with the Rights Issue. Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the Rights Issue.

    For more information, please contact:
    Dan Wahrenberg, CFO
    E-mail: dan.wahrenberg@terranet.se

    This information is such that Terranet AB is required to make public in accordance with the EU’s Market Abuse Regulation (MAR). The information was made public by the Company’s contact person above on June 13, 2025, at 08:00 CET.

    About Terranet AB (publ) 

    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.
    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B).

    Follow our journey at: www.terranet.se

    Certified Adviser to Terranet is Mangold Fondkommission AB.

    Important information
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    This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

    Attachment

    The MIL Network

  • Air India crash: PM Modi visits Ahmedabad crash site, calls it a scene of “devastation”

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Friday visited the site of the Air India crash in Ahmedabad, where the London-bound flight carrying 242 people went down a day earlier.

    The aircraft crashed minutes after takeoff from Sardar Vallabhbhai Patel International Airport, killing 241 people. Only one passenger – a British national of Indian origin – survived.

    “The scene of devastation is saddening,” PM Modi said in a post on X after reviewing the wreckage. “Met officials and teams working tirelessly in the aftermath. Our thoughts remain with those who lost their loved ones in this unimaginable tragedy.”

    He was accompanied by Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu, Gujarat State Home Minister Harsh Sanghavi, and other senior officials during the site inspection.

    Flight AI-171, headed to London Gatwick, crashed into the hostel complex of BJ Medical College at 1:38 p.m. IST on Thursday, triggering a massive blaze and a large-scale emergency response.

    Union Home Minister Amit Shah visited the crash site on Thursday and later chaired a high-level meeting with Civil Aviation Minister Naidu, Gujarat Chief Minister Bhupendra Patel, and senior officials to review relief and rescue measures.

    Shah said DNA testing was underway to confirm the identities of the victims and assured that results would be delivered at the earliest by Gujarat’s Forensic Science Laboratory (FSL) and the National Forensic Sciences University (NFSU). DNA samples of family members arriving from abroad would be collected on arrival, he added.

    A formal investigation into the crash has been launched by the Aircraft Accident Investigation Bureau (AAIB) in accordance with international protocols under the International Civil Aviation Organization (ICAO), said Civil Aviation Minister Naidu. A high-level expert committee is also being formed to examine the incident and suggest safety improvements to prevent future tragedies.

    The United States National Transportation Safety Board (NTSB) announced it would send a team of investigators to India to assist the AAIB.

    “The NTSB will be leading a team of US investigators travelling to India to assist the Aircraft Accident Investigation Bureau with its investigation into the crash of an Air India Boeing 787 in Ahmedabad, India, Thursday,” the agency said, noting that all official updates would come from the Indian government under ICAO’s Annex 13 protocols.

    Rescue and Relief Operations Continue

    Rescue operations continued through the night as teams sifted through debris for missing aircraft parts.

    Parts of the plane’s fuselage were scattered around the smouldering building into which it crashed. The tail of the plane was stuck on top of the building.

    Air India CEO Campbell Wilson reached Ahmedabad early Friday. The airline said it had set up Friends & Relatives Assistance Centres at Ahmedabad, Mumbai, Delhi, and Gatwick airports to support the families of those on board.

    “These centres are facilitating the travel of family members to Ahmedabad,” Air India posted on X. Emergency contact numbers were also issued for those seeking information: 1800 5691 444 for calls from within India, and +91 8062779200 for international callers.

    The Tata Group, which took over Air India in 2022, announced a compensation of Rs 1 crore for the family of each deceased passenger.

    “Tata Group will provide Rs 1 crore to the families of each person who has lost their life in this tragedy. We will also cover the medical expenses of those injured and ensure that they receive all necessary care and support. Additionally, we will provide support in the building up of the B J Medical’s hostel,” Tata Sons Chairman N Chandrasekaran said on X.

    Earlier, Air India released a breakdown of the nationalities of those on board: 169 were Indian nationals, 53 British, seven Portuguese, and one Canadian.

    (With inputs from agencies)

  • MIL-OSI Global: What do we know about the Air India crash? How did one man survive? What now? An aviation safety expert explains

    Source: The Conversation – Global Perspectives – By Guido Carim Junior, Senior Lecturer in Aviation, Griffith University

    The back of Air India flight 171 after it crashed into a residential building in Ahmedabad. Sam Panthaky / AFP via Getty Images

    An Air India flight crashed shortly after takeoff from Ahmedabad in northwest India on Thursday afternoon local time, killing more than 260 people.

    The Boeing 787-8 Dreamliner, Flight AI171, was carrying 242 people bound for London. Only one passenger, a British man, survived.

    The plane crashed less than a minute after takeoff, coming down on top of a college hostel around 1.5 kilometres from the runway. Little is known so far about the cause of the incident.

    As an aviation safety expert, it is hard to avoid a sense of disbelief that an event such as this – involving one of the most advanced passenger jets in the world, built on the lessons of many earlier accidents – could happen in the 21st century.

    Trouble after takeoff

    Air crashes such as this one, in which a plane experiences trouble immediately after takeoff, are now extremely rare. They were more common in the past.

    In one infamous 1999 incident, 32 people died when LAPA Flight 3142 crashed during takeoff from Buenos Aires. During the accident investigation, it emerged that the Boeing 737’s wing flaps had not been in the right position for takeoff and the crew had ignored alarms from the plane’s internal warning system.

    The 2009 emergency landing of US Airways Flight 1549 on New York’s Hudson River also occurred shortly after takeoff. In that case, the problem was quite different: a collision with a flock of Canada geese shut down both engines, leading to a powerless aircraft.

    However, the aviation industry puts a lot of resources into learning from accidents so they don’t happen again. LAPA Flight 3142 led to recommended improvements in pilot training and flight procedures. The rules for engine design were changed after the “miracle on the Hudson”.

    So whatever caused the Air India crash, it may not be something we have seen before.

    How did one passenger survive?

    One passenger survived the crash. We don’t know exactly how.

    He was sitting in seat 11A, next to an emergency exit. Reports say the plane “broke in half”, and the passenger found himself in the front half while the rear caught fire. He then walked from the wreckage and was found by rescuers.

    Why did he survive when everybody else died? Research suggests that, in general, the seats at the back of the plane are the safest place to be in a crash – but this man was quite close to the front.

    Based on what we know so far, my expert opinion is that we have no better explanation than to call it luck or a miracle.

    Where to from here?

    We won’t have a clear idea of what happened until a full investigation has been carried out. Air crash investigations follow a protocol laid out by an International Civil Aviation Organization document called Annex 14.

    India’s Aircraft Accident Investigation Bureau will lead this investigation, putting together a team that will be assisted by representatives from the US National Transport Safety Bureau and the UK Air Accidents Investigation Branch, representing the countries of the plane’s manufacturer and passengers aboard.

    Rescuers sift through the wreckage of Flight AI171 in Ahmedabad.
    Sam Panthaky / AFP via Getty Images

    The team will conduct a forensic investigation of the crash site to make sense of what happened. Alongside material evidence found at the site, they will look at the data stored in the plane’s “black box”, which includes data from the flight recorder and cockpit voice recorder, to learn about what happened in the leadup to the crash.

    A slow, steady process

    Air crash investigations can take a long time. Typically a preliminary report will be published 3 to 6 months after the crash, followed by a final report a year or two later.

    The report will provide factual information on the cause of the accident and make recommendations. Depending on the cause, these might be changes to maintenance procedures, pilot and crew procedures, or even the design of parts of the aircraft.

    Indian authorities will then disseminate these recommendations to whoever needs them around the world. The process is slow, but it moves in the direction of safer air travel. Everyone will be waiting to find out and learn.

    In the meantime, it’s best to remember that we still don’t know what happened or why. Everyone wants answers, but speculation can do more harm than good.

    Guido Carim Junior 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. What do we know about the Air India crash? How did one man survive? What now? An aviation safety expert explains – https://theconversation.com/what-do-we-know-about-the-air-india-crash-how-did-one-man-survive-what-now-an-aviation-safety-expert-explains-258910

    MIL OSI – Global Reports

  • Air India crash in Ahmedabad: 241 dead, only one survivor among 242 on board

    Source: Government of India

    Source: Government of India (2)

    nly one passenger survived after an Air India flight carrying 242 people crashed shortly after take-off in Ahmedabad on Thursday, the airline said in a statement.

    “We regret to inform that, of the 242 aboard, there are 241 confirmed fatalities. The sole survivor is being treated in a hospital,” Air India said.

    “The survivor is a British national of Indian origin,” it added.

    Air India also released a breakdown of the nationalities of those on board: 169 were Indian nationals, 53 British, seven Portuguese, and one Canadian.

    Flight AI-171, bound for London Gatwick, went down minutes after departing Sardar Vallabhbhai Patel International Airport at 1:38 p.m. IST. The aircraft crashed into a residential complex near BJ Medical College, sparking a massive fire and triggering a large-scale emergency response.

    In a separate post on X, the airline said it has established support centers at multiple airports to assist the families of the victims.

    “Air India has set up Friends & Relatives Assistance Centres at Ahmedabad, Mumbai, Delhi and Gatwick airports to provide support and take care of the needs of the families and loved ones of those on flight AI171. These centres are facilitating the travel of family members to Ahmedabad,” the airline said.

    Emergency contact numbers have also been shared for those seeking information: 1800 5691 444 for calls from within India, and +91 8062779200 for international callers.

  • MIL-OSI: The Keg Royalties Income Fund announces June 2025 cash distribution

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its June 2025 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at June 21, 2025. The June 2025 distribution will be paid on June 30, 2025.

    The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool.

    With approximately 10,000 employees, over 100 restaurants and annual system sales exceeding $700 million, Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL continues to operate The Keg restaurant system and expand that system through the addition of both corporate and franchised Keg steakhouses. KRL has been named the number one restaurant company to work for in Canada in the latest edition of Forbes “Canada’s Best Employers 2025” survey.

    The MIL Network

  • MIL-Evening Report: What do we know about the Air India crash? How did one man survive? What now? An aviation safety expert explains

    Source: The Conversation (Au and NZ) – By Guido Carim Junior, Senior Lecturer in Aviation, Griffith University

    The back of Air India flight 171 after it crashed into a residential building in Ahmedabad. Sam Panthaky / AFP via Getty Images

    An Air India flight crashed shortly after takeoff from Ahmedabad in northwest India on Thursday afternoon local time, killing more than 260 people.

    The Boeing 787-8 Dreamliner, Flight AI171, was carrying 242 people bound for London. Only one passenger, a British man, survived.

    The plane crashed less than a minute after takeoff, coming down on top of a college hostel around 1.5 kilometres from the runway. Little is known so far about the cause of the incident.

    As an aviation safety expert, it is hard to avoid a sense of disbelief that an event such as this – involving one of the most advanced passenger jets in the world, built on the lessons of many earlier accidents – could happen in the 21st century.

    Trouble after takeoff

    Air crashes such as this one, in which a plane experiences trouble immediately after takeoff, are now extremely rare. They were more common in the past.

    In one infamous 1999 incident, 32 people died when LAPA Flight 3142 crashed during takeoff from Buenos Aires. During the accident investigation, it emerged that the Boeing 737’s wing flaps had not been in the right position for takeoff and the crew had ignored alarms from the plane’s internal warning system.

    The 2009 emergency landing of US Airways Flight 1549 on New York’s Hudson River also occurred shortly after takeoff. In that case, the problem was quite different: a collision with a flock of Canada geese shut down both engines, leading to a powerless aircraft.

    However, the aviation industry puts a lot of resources into learning from accidents so they don’t happen again. LAPA Flight 3142 led to recommended improvements in pilot training and flight procedures. The rules for engine design were changed after the “miracle on the Hudson”.

    So whatever caused the Air India crash, it may not be something we have seen before.

    How did one passenger survive?

    One passenger survived the crash. We don’t know exactly how.

    He was sitting in seat 11A, next to an emergency exit. Reports say the plane “broke in half”, and the passenger found himself in the front half while the rear caught fire. He then walked from the wreckage and was found by rescuers.

    Why did he survive when everybody else died? Research suggests that, in general, the seats at the back of the plane are the safest place to be in a crash – but this man was quite close to the front.

    Based on what we know so far, my expert opinion is that we have no better explanation than to call it luck or a miracle.

    Where to from here?

    We won’t have a clear idea of what happened until a full investigation has been carried out. Air crash investigations follow a protocol laid out by an International Civil Aviation Organization document called Annex 14.

    India’s Aircraft Accident Investigation Bureau will lead this investigation, putting together a team that will be assisted by representatives from the US National Transport Safety Bureau and the UK Air Accidents Investigation Branch, representing the countries of the plane’s manufacturer and passengers aboard.

    Rescuers sift through the wreckage of Flight AI171 in Ahmedabad.
    Sam Panthaky / AFP via Getty Images

    The team will conduct a forensic investigation of the crash site to make sense of what happened. Alongside material evidence found at the site, they will look at the data stored in the plane’s “black box”, which includes data from the flight recorder and cockpit voice recorder, to learn about what happened in the leadup to the crash.

    A slow, steady process

    Air crash investigations can take a long time. Typically a preliminary report will be published 3 to 6 months after the crash, followed by a final report a year or two later.

    The report will provide factual information on the cause of the accident and make recommendations. Depending on the cause, these might be changes to maintenance procedures, pilot and crew procedures, or even the design of parts of the aircraft.

    Indian authorities will then disseminate these recommendations to whoever needs them around the world. The process is slow, but it moves in the direction of safer air travel. Everyone will be waiting to find out and learn.

    In the meantime, it’s best to remember that we still don’t know what happened or why. Everyone wants answers, but speculation can do more harm than good.

    Guido Carim Junior 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. What do we know about the Air India crash? How did one man survive? What now? An aviation safety expert explains – https://theconversation.com/what-do-we-know-about-the-air-india-crash-how-did-one-man-survive-what-now-an-aviation-safety-expert-explains-258910

    MIL OSI AnalysisEveningReport.nz

  • Air India Dreamliner crashes after takeoff from Ahmedabad, 241 dead, one survivor: Air India

    Source: Government of India

    Source: Government of India (4)

    An Air India Boeing 787-8 Dreamliner crashed shortly after takeoff from Ahmedabad on Thursday afternoon, killing 241 people in what is being described as one of the worst aviation disasters in India’s history. Only one passenger survived.

    Flight AI-171, en route from Ahmedabad to London Gatwick, went down minutes after departing from Sardar Vallabhbhai Patel International Airport at 1:38 p.m. IST. The aircraft plunged into a residential complex near BJ Medical College, triggering a massive fire and a large-scale emergency response across the city.

    According to Air India, the flight was carrying 242 people — 230 passengers and 12 crew members, including two pilots. The sole survivor, a British national of Indian origin seated in 11A, is currently undergoing treatment at a local hospital.

    The airline confirmed the tragedy in an official statement on X, saying, “UPDATE: Air India confirms that flight AI171, operating from Ahmedabad to London Gatwick on 12 June 2025, was involved in an accident. The 12-year-old Boeing 787-8 aircraft departed from Ahmedabad at 1338 hrs, carrying 230 passengers and 12 crew. The aircraft crashed shortly after take-off. We regret to inform that, of the 242 aboard, there are 241 confirmed fatalities. The sole survivor is being treated in a hospital.”

    Air India also released a breakdown of the passengers’ nationalities: 169 were Indian, 53 British, seven Portuguese, and one Canadian.

    The airline extended its condolences to the families of the deceased and said a dedicated team has been deployed in Ahmedabad to provide support.
    “Our efforts now are focused entirely on the needs of all those affected, their families and loved ones,” the statement read.

    Air India has pledged full cooperation with the authorities investigating the cause of the crash. Dedicated helplines have been set up for families seeking information. Domestic callers can reach 1800 5691 444, while international callers can dial +91 8062779200.

    -IANS

  • MIL-Evening Report: Trump may push Albanese on defence spending, but Australia has leverage it can use, too

    Source: The Conversation (Au and NZ) – By Thomas Corben, Research Fellow, Foreign Policy and Defence, University of Sydney

    Ahead of a prospective meeting between Prime Minister Anthony Albanese and US President Donald Trump at the G7 Summit Canada, two key developments have bumped defence issues to the top of the alliance agenda.

    First, in a meeting with Deputy Prime Minister Richard Marles late last month, US Secretary of Defence Pete Hegseth urged Australia to boost defence spending to 3.5% of gross domestic product (GDP).

    This elicited a stern response from Albanese that “Australia should decide what we spend on Australia’s defence.”

    Then, this week, news emerged the Pentagon is conducting a review of the AUKUS deal to ensure it aligns with Trump’s “America First” agenda.

    Speculation is rife as to the reasons for the review. Some contend it’s a classic Trump “shakedown” to force Australia to pay more for its submarines, while others say it’s a normal move for any new US administration.




    Read more:
    Trump may try to strike a deal with AUKUS review, but here’s why he won’t sink it


    The reality is somewhere in between. Trump may well see an opportunity to “own” the AUKUS deal negotiated by his predecessor, Joe Biden, by seeking to extract a “better deal” from Australia.

    But while support for AUKUS across the US system is strong, the review also reflects long-standing and bipartisan concerns in the US over the deal. These include, among other things, Australia’s functional and fiscal capacity to take charge of its own nuclear-powered submarines once they are built.

    So, why have these issues come up now, just before Albanese’s first face-to-face meeting with Trump?

    To understand this, it’s important to place both issues in a wider context. We need to consider the Trump administration’s overall approach to alliances, as well as whether Australia’s defence budget matches our strategy.

    Trump, alliances and burden-sharing

    Senior Pentagon figures noted months ago that defence spending was their “main concern” with Australia in an otherwise “excellent” relationship.

    But such concerns are not exclusive to Australia. Rather, they speak to Trump’s broader approach to alliances worldwide – he wants US allies in Europe and Asia to share more of the burden, as well.

    Trump’s team sees defence spending (calculated as a percentage of GDP) as a basic indicator of an ally’s seriousness about both their own national defence and collective security with Washington.

    As Hegseth noted in testimony before Congress this week, “we can’t want [our allies’] security more than they do.”

    Initially, the Trump administration’s burden-sharing grievances with NATO received the most attention. The government demanded European allies boost spending to 5% of GDP in the interests of what prominent MAGA figures have called “burden-owning”.

    Several analysts interpreted these demands as indicative of what will be asked of Asian partners, including Australia.

    In reality, what Washington wants from European and Indo-Pacific allies differs in small but important ways.

    In Europe, the Trump administration wants allies to assume near-total responsibility for their own defence to enable the US to focus on bigger strategic priorities. These include border security at home and, importantly, Chinese military power in the Indo-Pacific.

    By contrast, Trump’s early moves on defence policy in Asia have emphasised a degree of cooperation and mutual benefit.

    The administration has explicitly linked its burden-sharing demands with a willingness to work with its allies – Japan, South Korea, Australia and others – in pursuit of a strategy of collective defence to deter Chinese aggression.

    This reflects a long-standing recognition in Washington that America needs its allies and partners in the Indo-Pacific perhaps more than anywhere else in the world. The reason: to support US forces across the vast Pacific and Indian oceans and to counter China’s growing ability to disrupt US military operations across the region.

    In other words, the US must balance its demands of Indo-Pacific allies with the knowledge that it also needs their help to succeed in Asia.

    This means the Albanese government can and should engage the Trump administration with confidence on defence matters – including AUKUS.

    It has a lot to offer America, not just a lot to lose.

    Australian defence spending

    But a discussion over Australia’s defence spending is not simply a matter of alliance management. It also speaks to the genuine challenges Australia faces in matching its strategy with its resources.

    Albanese is right to say Australia will set its own defence policy based on its needs rather than an arbitrary percentage of GDP determined by Washington.

    But it’s also true Australia’s defence budget must match the aspirations and requirements set out in its 2024 National Defence Strategy. This is necessary for our defence posture to be credible.

    This document paints a sobering picture of the increasingly fraught strategic environment Australia finds itself in. And it outlines an ambitious capability development agenda to allow Australia to do its part to maintain the balance of power in the region, alongside the United States and other partners.

    But there is growing concern in the Australian policy community that our defence budget is insufficient to meet these goals.

    For instance, one of the lead authors of Australia’s 2023 Defence Strategic Review, Sir Angus Houston, mused last year that in order for AUKUS submarines to be a “net addition” to the nation’s military capability, Australia would need to increase its defence spending to more than 3% of GDP through the 2030s.

    Otherwise, he warned, AUKUS would “cannibalise” investments in Australia’s surface fleet, long-range strike capabilities, air and missile defence, and other capabilities.

    There’s evidence the Australian government understands this, too. Marles and the minister for defence industry, Pat Conroy, have both said the government is willing to “have a conversation” about increasing spending, if required to meet Australia’s strategic needs.

    This is all to say that an additional push from Trump on defence spending and burden-sharing – however unpleasantly delivered – would not be out of the ordinary. And it may, in fact, be beneficial for Australia’s own deliberations on its defence spending needs.

    Thomas Corben receives funding from the Australian Department of Defence.

    ref. Trump may push Albanese on defence spending, but Australia has leverage it can use, too – https://theconversation.com/trump-may-push-albanese-on-defence-spending-but-australia-has-leverage-it-can-use-too-258811

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Local media report says 1 black box of crashed Air India plane found

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

    Aviation authorities have found one of the two black boxes of the Air India flight that crashed in the western Indian state of Gujarat, killing 241 on board, local newspaper Hindustan Times said.

    The London-bound flight crashed on Thursday afternoon shortly after takeoff from the Sardar Vallabhbhai Patel International Airport in Ahmedabad, about 17 km south of Gandhinagar, the capital city of Gujarat.

    “Of the two black boxes, the one in the rear of the aircraft has been located and safely guarded. The Directorate General of Civil Aviation will collect the equipment to analyse the recordings. The second black box, in the aircraft’s front portion, is yet to be found,” the newspaper quoting a source said.

    Black boxes are electronic data recorders in the aircraft. The bright orange or yellow rectangular boxes are designed to withstand high-speed crashes, explosions, fire and water pressure.

    Experts said the answer to what went wrong for Air India Flight 171 may lie in these small machines. It contains flight and cockpit recordings, and flight data, which can help investigators to understand the reason behind the plane crash. However, it takes days to analyse the data.

    The Boeing 787-8 Dreamliner had 169 Indian nationals, 53 British nationals, seven Portuguese nationals and one Canadian, apart from two pilots and 10 cabin crew members on board when it crashed at the premises of a medical college.

    Air India on Friday confirmed the crash killed 241 passengers on board, and the only survivor in the incident is being treated in a hospital.

    The Indian government’s Aircraft Accident Investigation Bureau has initiated a formal investigation into the crash.

    Boeing President and Chief Executive Officer Kelly Ortberg said he has spoken with Air India Chairman N Chandrasekaran following the crash and expressed readiness to support the investigation by Indian authorities.

    The 12-year-old Boeing 787-8 aircraft bearing number AI171 went down after takeoff at an altitude of 825 feet and crashed on the premises of B J Medical College, causing severe damage to the buildings.

    According to the Federation of All India Medical Associations Doctors Association, one person was killed, while at least five medical students and four relatives of resident doctors were reported missing, and 50 others were injured at the premises of B J Medical College. 

    MIL OSI China News

  • MIL-OSI China: India’s foreign ministry says lot of people lost their lives in plane crash in Gujarat

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

    Debris of an Air India plane is seen at the crash site in Ahmedabad of India’s Gujarat state, June 12, 2025. India’s foreign ministry said a lot of people have lost their lives in the plane crash with 242 people on board the flight to London in the western state of Gujarat. [Photo/Xinhua]

    India’s foreign ministry said a lot of people have lost their lives in Thursday’s plane crash with 242 people on board an Air India flight to London in the western state of Gujarat.

    The Air India flight had 169 Indian nationals, 53 British nationals, seven Portuguese nationals and one Canadian on board when it crashed shortly after takeoff from the Sardar Vallabhbhai Patel International Airport in Ahmedabad, about 17 km south of Gandhinagar, the capital city of Gujarat.

    There were also 12 cabin crew members on board.

    The ministry, however, has not put out an exact figure on the death toll in the plane crash.

    “What has happened in Ahmedabad is a very tragic accident. We have lost a lot of people. We extend our deepest condolences to all those who have lost their loved ones. There are several foreigners. You will receive the updates from the relevant departments — Ministry of Civil Aviation, Air India, and others. That is the latest I can share. It is an evolving situation. The rescue operations are on. We need to wait a little more time for exact details to be put out,” India’s foreign ministry spokesperson Randhir Jaiswal said during a press briefing.

    Local media reports said that there are no survivors from the ill-fated plane.

    A video of the aircraft flying low and struggling to gain altitude shows the plane going down and exploding in a massive ball of fire.

    Other videos from the site show thick columns of black smoke rising from the ground.

    According to police, the plane crashed directly on the B J Medical College undergraduate hostel mess in Meghani Nagar. The crash caused severe damage to buildings on the premises and several people were reported to be injured.

    A part of the crashed plane landed atop a student hostel, eyewitnesses said.

    Immediately after the crash, authorities rushed fire engines and over two dozen ambulances to the spot to carry out rescue work.

    Police have diverted traffic from the area, and a green corridor has also been established to ferry the injured quickly to the hospital.

    Air India has expressed condolences to the families of all those affected by this devastating event. The airline has changed its logo on social media handles to black after the deadly plane crash.

    The British government has issued a travel advisory, saying they were aware of the plane crash in Ahmedabad.

    “We are aware of a plane crash in Ahmedabad. The UK is working with local authorities in India to urgently establish the facts and provide support to those involved,” reads the advisory.

    Reports said former Gujarat chief minister Vijay Rupani was onboard the crashed flight. Web check-in documents obtained by local media said Rupani had completed his check-in in business class on the ill-fated flight.

    Indian Prime Minister Narendra Modi described the plane crash incident as a tragedy and heartbreaking beyond words.

    “The tragedy in Ahmedabad has stunned and saddened us. It is heartbreaking beyond words. In this sad hour, my thoughts are with everyone affected by it. Have been in touch with ministers and authorities who are working to assist those affected,” Modi wrote on social media.

    Meanwhile, world leaders have expressed condolences to the families of the Air India plane crash in Ahmedabad. 

    People conduct rescue work at the site of an Air India plane crash in Ahmedabad of India’s Gujarat state, June 12, 2025. India’s foreign ministry said a lot of people have lost their lives in the plane crash with 242 people on board the flight to London in the western state of Gujarat. (Str/Xinhua)

    MIL OSI China News

  • MIL-OSI China: UK sends investigation team to India after deadly plane crash: PM

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

    British Prime Minister Keir Starmer announced on Thursday that an investigation team has been dispatched to India following the deadly crash of Air India flight AI171.

    In a video posted on social media platform X, Starmer said Foreign Secretary David Lammy is leading Britain’s response and that the government is working with Indian authorities to establish the facts.

    Describing the reports and images from the crash as “absolutely devastating,” Starmer assured that updates would be provided as soon as possible.

    Local media reported that Starmer is expected to chair a Cabinet Office Briefing Rooms (COBR) meeting Thursday evening to address the tragedy, a step typically taken during major national or international emergencies.

    Air India has confirmed that flight AI171, which crashed after departing from Ahmedabad Airport, was carrying 242 people. Among the passengers were 53 British nationals, 169 Indian nationals, seven Portuguese nationals, and one Canadian. One British national has been confirmed as a survivor. 

    MIL OSI China News

  • MIL-OSI Asia-Pac: President Lee’s visit to Canada for G7 Summit

    Source: Government of the Republic of Korea

    Foreign Affairs

    President Lee Jae-myung will attend the Group of Seven (G7) Summit in Alberta, Canada.
    Presidential spokesperson Kang Yu-jung on June 7 told a news briefing, “President Lee has accepted his invitation to attend the G7 Summit from June 15-17 in Alberta, Canada.”

    The meeting will mark President Lee’s debut in summit diplomacy since he took office, with U.S. President Donald Trump, Japanese Prime Minister Shigeru and the leaders of the U.K., Germany, France, Italy and Canada to attend.

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: The Foreign Secretary’s Mansion House Speech 2025

    Source: United Kingdom – Executive Government & Departments

    Speech

    The Foreign Secretary’s Mansion House Speech 2025

    The Foreign Secretary delivers his 2025 Mansion House Speech.

    My Lord Mayor, Your Excellencies, ladies and gentlemen…

    thank you for hosting me.

    My thoughts are with all those affected by the tragic plane crash in Ahmedabad this morning.

    I have been in touch with Minister Jaishankar to offer my condolences…

    and the Foreign Office has stood up a crisis team to support British nationals and their families.

    Tonight, I want to speak about power.

    This is an audience which will understand that…

    because the City’s financial power scales up every innovation…

    and powers up the world economy.

    Thank you for what you do.

    I became MP for Tottenham 25 years ago.

    I’ll be honest with you…

    I didn’t feel that powerful for many of those years.

    It was a long wait to become Foreign Secretary…

    though not nearly as long as the wait for Tottenham to win a European trophy.

    Politics and supporting Spurs…

    if you stick at them…

    pay off in the end.

    I also want to thank the tens of thousands of diplomats, intelligence officers and development specialists…

    that stand up for Britain in the world.

    Together…

    we’ve tackled wars, evacuations, hurricanes, …

    and thanks to your work…

    much of it classified…

    we are all safer…

    even if your Foreign Secretary is now a little greyer…

    a little thinner…

    and, I hope, a little wiser.

    We do our work in the shadow of history.

    Coming here tonight, I think of Anthony Eden, one of the first Foreign Secretaries to speak in this tradition.

    But I do not think this is the new 1930s.

    The more compelling reference point is 1925.

    A century ago, our world was experiencing what the great historian Adam Tooze called a deluge of modernity.

    New technologies…

    new industries…

    …shifted the balance of power. 

    There is a cheap reading of the 1920s… 

    that a Second World War was inevitable.

    However, I’m not sure it was. 

    With the Locarno Treaties in 1925…

    we almost got there.

    Ultimately though, democracy failed to keep the peace.

    I look back at 1925 today…

    because 2025 is also a molten moment…

    when the earth moves.

    What we are living through is in fact a Great Remaking…

    as modernity leaps forward and reshapes geopolitics.

    In 2025, technology is power.

    Nowhere do we see this more clearly than with China…

    a great civilisation with a long history…

    but today defined as much by their technological cutting edge as anything else.

    Take DeepSeek…

    revealing Chinese AI power.

    BYD’s export boom…

    revealing Chinese battery power.

    And the Chang’e-6 moon landing…

    revealing Chinese space power.

    We cannot ignore how the West and Russia are no longer alone on the technological frontier.

    Nor can we ignore the fact that China has installed more renewables capacity than the US, EU and India combined.

    Britain will be dealing with the threats and opportunities Chinese technology poses for generations to come.

    But it is the United States…

    Britain’s closest ally….

    that is the world’s leading technological power…

    number one when it comes to biotech, AI and quantum.

    But facing such a vast challenge, it is natural the Americans will focus more on the Indo-Pacific.

    And they’ve repeatedly told us, facing Russia, we in Europe need to rely more on ourselves.

    But to quote my friend Vice-President Vance:

    “It’s completely ridiculous to think you’re ever going to be able to drive a wedge between the US and Europe.”

    I agree with J.D. Vance…

    though maybe not when it comes to his love for Diet Mountain Dew…

    I prefer a full fat Coke.

    The United States and China are doing remarkable things with new technology.

    But this is the truth about power today…

    technology is making it more diffuse.

    Power is not just in the hands of the superstates…

    nor the super-spoiler, Putin’s Russia. 

    Many powers are shaping this multipolar age.

    Since 2000, Britain has more Nobel laureates for science than China, India and Russia combined.

    South Korea makes more advanced semiconductors than China.

    The UAE has reached Mars…

    whilst Russia hasn’t been since the collapse of the USSR.

    In 1997, when my party last came to power…

    the US held the majority of the world’s top supercomputers.

    Today, barely a third.

    The cast-list of players is growing.

    When the US talks to Russia, they both head to Riyadh…

    when they talk to China, they both come to London.

    This large group of states, together, are the new great powers.

    This is also our age.

    Your Excellencies, that’s why I want to work even more closely with even more of you…

    some as allies, some as partners…

    some of you on everything, some of you on single issues.

    We are not all the same.

    We do not agree on everything.

    But together, we can build new constellations and coalitions which give us all a seat at the table.

    This is at the heart of our offer to the Global South and our new Approach to the continent Africa.

    It is the core of what I mean by progressive realism.

    Cooperation, not condescension.

    Listening, not lectures.

    A realpolitik of progress.

    For Britain, progressive realism means listening…

    deepening…

    and toughening up.

    For years…

    friends from Africa to Eastern Europe have been saying Britain needs to do more to tackle dirty money.

    Kleptocrats and money launderers rob all our citizens of wealth and security.

    We don’t need to wait for superpowers…

    we can clamp down on blatant theft ourselves.

    And so I can announce today that London will host a Countering Illicit Finance Summit…

    …bringing together a broad coalition for action.

    I will never allow London mansions to be the bitcoin of kleptocrats.

    We will expose them.

    We will punish them.

    And drive them out of our city.

    In the Middle East, I personally find the horrific suffering of civilians in Gaza intolerable.

    We all want to see an immediate ceasefire…

    the release of all the hostages…

    the end of Hamas’ reign of terror.

    That’s why Britain is leading efforts to break the deadlock through new coalitions.

    I can hear others’ desire for peace.

    With France and Canada…

    we sent a clear warning in May that Israel must stop its assault on Gaza.

    With Australia, Canada, Norway and New Zealand…

    we’ve sanctioned those inciting violence against Palestinians in the West Bank…

    the territory that must form the heart of a future Palestinian state.

    We support the Gulf’s indispensable work on mediation and a plan for the day after.

    Because the two-state solution is the only path to a lasting peace.

    But progressive realism is not only about this…

    but deepening Britain’s alliances and partnerships.

    We actually delivered three deals in two weeks with three of the world’s greatest economies.

    And that’s not all we’ve achieved – we are injecting real momentum into so many of Britain’s partnerships.

    We’re delivering deals for climate…

    launching the Global Clean Power Alliance in Brazil…

    partnering with my friend Mia Mottley’s Bridgetown Initiative…

    securing a climate tech partnership with Qatar.

    Jobs in Cambridge, jobs in Southampton.

    We’re delivering deals for defence…

    the ITAR breakthrough with our AUKUS partners…

    progress in our new fighter jet programme with Italy and Japan.

    Jobs in Glasgow, jobs in Reading.

    We’re delivering deals for growth…

    massive investments from America’s Universal…

    Japan’s car giants…

    German manufacturers…

    and Saudi investors.

    Jobs in Bedford, jobs in north Wales, jobs in Northern Ireland.

    Crucially, we’re also delivering deals on irregular migration.

    Better cooperation with the Balkans…

    new returns agreements with Iraq and Moldova…

    the world’s first sanctions regime targeting smuggling gangs and their enablers.

    This is now a priority for the Foreign Office in a way it never was before.

    This is us playing our bit ensuring those with no right to be here piling pressure on our public services.

    When partners step up on irregular migration…

    this is transforming our wider relationship.

    But if they are unwilling to do so…

    then that has to have consequences for what we can offer them in return.

    And finally, progressive realism is about toughening up.

    I came into politics inspired by the generation who were tested by war in Bosnia and Kosovo.

    My generation here in Europe is the Kyiv generation…

    one that has toughened up.

    The view from that night train to visit President Zelenskyy is not simply out into darkness…

    …but into history in the making.

    You feel what a journey Europe has been on since 2022.

    Britain has toughened up.

    As Secretary of State for GCHQ and SIS…

    I am proud that we are investing £600 million in the UK intelligence community…

    so our spies can defend our way of life.

    As a result, I can confirm today that Britain will spend two point six per cent of GDP on defence from 2027.

    This is a generational uplift…

    keeping working people safe.

    Our soldiers and our intelligence staff are ready to compete with our adversaries.

    And with the new counter-hybrid taskforce I am announcing today…

    our diplomats too will be ready for this murky new age of sabotage and subterfuge…

    where technology is power.

    And I know…

    Europe has toughened up too…

    switching to Putin-free energy…

    as the EU goes further than ever before with common borrowing for military spending.

    Putin believes that we, as Europeans, are unable to stick it out for years to come.

    But just as Ukraine’s heroes have surprised the Kremlin with their endurance…

    so too has Europe been astounding the Kremlin with our dogged persistence in standing with Zelenskyy.

    Today, we had confirmation that Russian casualties in this senseless war have reached one million.

    Every one a reminder that this war is not only a crime against the Ukrainian people…

    but a waste of young Russian lives…

    yet more blood on the Kremlin’s hands.

    With grit, we will prove Putin wrong.

    Europe is not afraid to stand up and fight.

    Our Plan for Change…

    our international strategy…

    is delivering for working people.

    I can see Britain in the years to come…

    safer…

    greener…

    richer…

    happier…

    if we stick to the Plan.

    For me, patriotism has always been about realism…

    And, of course, football!

    Taking the world as it is, not as we wish it to be.

    Taking ourselves as we are, and being proud of it.

    Taking actions that are both astute and bold.

    This is our realpolitik.

    A realpolitik of progress.

    A realpolitik for Britain.

    Thank you.

    Updates to this page

    Published 13 June 2025

    MIL OSI United Kingdom

  • MIL-OSI: Pulse Announces a $13.5 Million Seismic Data License Sale and Provides Revenue Update

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 12, 2025 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce the sale of a significant seismic data license, valued at $13.5 million.

    On a preliminary basis, second quarter revenue to date approximates $17.2 million, including the license announced today. This brings year-to-date total licensing revenue to $40.0 million, reflecting an increase of 66% compared to the last three years average annual revenue.

    “I am pleased to announce this seismic data license sale,” stated Neal Coleman, Pulse’s President and CEO. “The sale delivers a strong contribution to the Company’s financial performance, particularly in terms of EBITDA and shareholder free cash flow. Our favourable financial outlook is underpinned by the Company’s low-cost operating structure and strong EBITDA margin generation,” he added. “The Company’s year-to-date performance reflects the continued execution of our strategic vision and highlights the strength of our business model which continues to position us for sustained value creation for our stakeholders,” concluded Coleman.

    The Company’s regular quarterly dividend was increased by 17% in the first quarter of 2025. This increase brings the annualized dividend to $0.07 per share, representing an estimated annual distribution to shareholders of approximately $3.6 million, based on the 50,755,057 common shares currently outstanding. Year-to-date, the Company has declared and paid total dividends of $0.2325 per share, including two regular quarterly dividends and a special dividend of $0.20 per share. The total return of capital to shareholders through dividends paid to date in 2025 is $11.8 million.

    These figures are preliminary and have not yet been audited or reviewed by our auditors. The Company will release its second quarter 2025 financial results on July 22, 2025, after markets close.

    Pulse’s data library provides extensive seismic coverage critical for today’s data focused exploration and development companies throughout Western Canada. Significant quarterly and annual fluctuations in data sales are intrinsic to the seismic data library business. The Company remains focused on maintaining a strong balance sheet, a low-cost structure and providing excellent customer care.

    CORPORATE PROFILE

    Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin where most of Canada’s oil and natural gas exploration and development occur.

    For further information, please contact:

    Neal Coleman, President and CEO
    Or
    Pamela Wicks, VP Finance and CFO

    Tel.: 403-237-5559
    Toll-free: 1-877-460-5559
    E-mail: info@pulseseismic.com.
    Please visit our website at www.pulseseismic.com

    PDF available: http://ml.globenewswire.com/Resource/Download/4a06a1fb-e68e-4b74-8e2a-b3fd6b446110

    The MIL Network

  • MIL-OSI Banking: STATEMENT: Ontario’s Integrated Energy Plan emphasizes DERs and procurements

    Source: – Press Release/Statement:

    Headline: STATEMENT: Ontario’s Integrated Energy Plan emphasizes DERs and procurements

    Ontario recognizes that onsite solar and storage, plus predictable procurements including wind and solar energy, are key to delivering reliable, affordable power to communities, farmers and businesses.  

    Toronto, June 12, 2025—The Canadian Renewable Energy Association (CanREA) is encouraged to see Distributed Energy Resources (DERs) and predictable procurement windows emphasized in Ontario’s Integrated Energy Plan (IEP), which was announced in a press conference today by Stephen Lecce, Minister of Energy and Mines, and Sam Oosterhoff, Associate Minister of Energy Intensive Industries.

    According to the Ministry, the IEP, entitled “Energy for Generations,” aims to provide a coordinated, long-term approach to ensure Ontario has the energy it needs to power homes, businesses, and industry with abundant, reliable, clean, and affordable energy supply.

    CanREA worked with the government and its agencies to inform aspects of this plan, contributing our expertise to help shape the DER approach and procurement strategy.

    “The government’s continued commitment to competitive, transparent procurements—reaffirmed in the Integrated Energy Plan (IEP)—will drive low-cost clean energy investments that benefit Ontario ratepayers,” said Vittoria Bellissimo, CanREA’s President and CEO.

    CanREA has long advocated for consistent procurements, with open processes, as the most effective way for investors and developers to successfully build out the new wind, solar and energy storage projects needed to help meet growing demand in Ontario.

    “We are also encouraged that the IEP identifies the critical actions needed to fully leverage the significant potential of distributed energy resources (DERs) that bring energy and resilience to all regions in the province,” said Bellissimo.

    Specifically, the IEP indicates the intention to create a DER stream in the IESO’s Enabling Resources Program and to enable broader opportunities for DERs in IESO procurements and programs. The government also plans to review Ontario’s net metering framework and launch a Local Generation Program to create new pathways for DER providers.

    As a whole, the DER strategy clearly recognizes CanREA’s position that rooftop solar and batteries are ready to play a growing role in delivering reliable, affordable power to Ontario’s communities, farmers and businesses.

    “Going forward, CanREA is ready to help the government and its agencies execute key initiatives from the Integrated Energy Plan, and CanREA members will continue to invest in clean energy projects in this province through Ontario’s upcoming procurements and programs,” said Eric Muller, CanREA’s Ontario Director.

    PHOTO (from left to right): Minister Stephen Lecce (Ontario Minister of Energy and Mines), Leonard Kula (CanREA Vice President of Policy—Eastern Canada and Utility Affairs), Minister Sam Oosterhoff (Associate Minister of Energy Intensive Industries), at the announcement of Ontario’s new Integrated Energy Plan (IEP), “Energy for Generations,” in Toronto on June 12, 2025.

    Quotes

    “The government’s continued commitment to competitive, transparent procurements—reaffirmed in the Integrated Energy Plan (IEP)—will drive low-cost clean energy investments that benefit Ontario ratepayers. We are encouraged that the IEP identifies the critical actions needed to fully leverage the significant potential of distributed energy resources that bring energy and resilience to all regions in the province.”
    —Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)

    “Going forward, CanREA is ready to help the government and its agencies execute key initiatives from the Integrated Energy Plan, and CanREA members will continue to invest in clean energy projects in this province through Ontario’s upcoming procurements and programs.”
    —Eric Muller, Ontario Director, Canadian Renewable Energy Association (CanREA)

    For media inquiries or interview opportunities, please contact: 

    Communications Canadian Renewable Energy Association communications@renewablesassociation.ca 

    About CanREA 

    The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn here. Learn more at renewablesassociation.ca. 

    The post STATEMENT: Ontario’s Integrated Energy Plan emphasizes DERs and procurements appeared first on Canadian Renewable Energy Association.

    MIL OSI Global Banks

  • MIL-OSI Canada: Prime Minister Carney speaks with President of the United Arab Emirates His Highness Sheikh Mohamed bin Zayed Al Nahyan

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, spoke with the President of the United Arab Emirates (UAE), His Highness Sheikh Mohamed bin Zayed Al Nahyan.

    Prime Minister Carney recognized the UAE’s leadership in artificial intelligence and energy, and discussed opportunities to deepen bilateral collaboration in these sectors.

    The two leaders committed to remaining in contact.

    Associated Link

    MIL OSI Canada News

  • MIL-OSI: Walking the walk: Alectra raises over $10k to support YWCA Hamilton’s fight against gender-based violence

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, June 12, 2025 (GLOBE NEWSWIRE) — On Tuesday June 11, Alectra employees participated in YWCA Hamilton’s “Walk a Mile in Their Shoes”, annual event, raising more than $10,000 to support efforts to end gender-based violence. The event brings together community members in a symbolic walk to raise vital funds and awareness for survivors and the programs that support them.

    “Alectra is honoured to walk alongside our community partners in support of such an important cause,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “Gender-based violence affects people in every community, and we all have a role to play in ending it. We’re proud to support the YWCA in the incredible work they do each day.”

    This year, 75 Alectra employees participated in the walk events earning the “Largest Team” award continuing their commitment to helping raise funds that directly support local shelters, crisis services, and advocacy programs run by YWCA Hamilton.

    To learn more about Alectra’s community support initiatives, visit: alectra.com/community

    About Alectra’s Family of Companies

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    Our mission is to be an energy ally, helping our customers and the communities we serve to discover the possibilities of tomorrow’s energy future.

    X: https://twitter.com/alectranews

    Facebook: https://www.facebook.com/alectranews/

    Instagram: https://www.instagram.com/alectranews/?hl=en

    LinkedIn: https://www.linkedin.com/company/16178435/admin/

    YouTube: https://www.youtube.com/alectranews

    Bluesky: https://bsky.app/profile/alectranews.bsky.social 

    Media Contact

    Ashley Trgachef, Media Spokesperson, ashley.trgachef@alectrautilities.com |
    Telephone: 416.402.5469 | 24/7 Media Line: 1-833-MEDIA-LN

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/29109247-28b6-4faf-8789-479d33896a9f

    The MIL Network

  • MIL-OSI Canada: Saskatchewan Fire Update – June 12

    Source: Government of Canada regional news

    Released on June 12, 2025

    As of 11:00 hours on Thursday, June 12, there are 23 active wildfires in Saskatchewan. Of those active fires, three are categorized as contained, six are not contained, 12 are ongoing assessment and two are listed as protecting values.

    This year, Saskatchewan has had 258 wildfires, which is well above the five-year average of 147 to date. 

    Of these fires, approximately 44 have been caused by lightning. The remaining fires are human caused and can be categorized by the following: 

    • Recreation: a wildfire caused by people or equipment engaged in recreational activities such as fishing, picnicking, hiking or quadding.
    • Resident: a wildfire resulting from activities performed by people or machines for agriculture or an accidental fire caused by activity associated with normal living in a forested area.
    • Industry: a wildfire that is caused by an industrial activity such as land clearing, harvesting or power distribution.
    • Incendiary: a device used to cause a wildfire for the purpose of mischief, also called arson.

    Most human-caused fires are accidental. At this time, the Saskatchewan Public Safety Agency (SPSA) believes approximately 30 fires have been intentionally set. People are encouraged to call Crimestoppers or the SPSA at 1-855-559-5502 to report individuals who intentionally started a fire.

    The SPSA can confirm more than 290 values have been lost in the wildfires. This number could increase to over 400 as damage continues to be assessed by verification activities.

    The provincial fire ban remains in effect for the area north of the provincial forest boundary up to the Churchill River. This includes provincial parks, provincial recreation sites within the boundary and the Northern Saskatchewan Administration District. The fire ban continues to prohibit the use of All Terrain Vehicles (ATVs) and Utility Terrain Vehicles (UTVs), any open fires, controlled burns and fireworks. 

    Repatriation efforts remain underway as 34 communities have repatriated or are in the process or repatriating. A full list of communities actively repatriating can be found on saskpublicsafety.ca. 

    Support for wildfire evacuees is provided by the SPSA, the Canadian Red Cross, or the community from which residents have evacuated. 

    If a resident’s community is supported by the Canadian Red Cross, they can call 1-800-863-6582 from 8 a.m to 10 p.m. daily to be connected to supports.

    If their community is supported by SPSA’s Emergency and Community Support (ECS) program, they can register through the Sask Evac App then call 1-855-559-5502 for assistance. Once a person has registered and called 1-855-559-5502, the SPSA will contact them with details about support depending on your family situation.

    Anyone who spots a wildfire can call 1-800-667-9660, dial 9-1-1 or contact their closest SPSA Forest Protection Area office.

    People can find the latest information, an interactive fire ban map, frequently asked questions, fire risk maps and fire prevention tips at saskpublicsafety.ca.

    A list of fire restrictions in provincial parks and recreation sites can be found here.

    Established in 2017, the SPSA is a treasury board Crown corporation responsible for wildfire management, emergency management, Sask911, SaskAlert, the Civic Addressing Registry, the Provincial Disaster Assistance Program and fire safety. 

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI United Kingdom: The UK voted in favour in line with our unwavering determination to end the suffering in Gaza, bring the hostages home and move towards lasting peace: UK Statement at the UN General Assembly

    Source: United Kingdom – Government Statements

    Speech

    The UK voted in favour in line with our unwavering determination to end the suffering in Gaza, bring the hostages home and move towards lasting peace: UK Statement at the UN General Assembly

    Explanation of vote by Ambassador Barbara Woodward, UK Permanent Representative to the UN, after the adoption of UN General Assembly resolution A/RES/ES-10/27 on the Occupied Palestinian Territories.

    The UK voted in favour of this resolution in line with our unwavering determination to end the suffering in Gaza, bring the hostages home and move towards lasting peace in the region.

    Let me start by repeating our unequivocal condemnation of Hamas and their despicable actions on and since 7 October. They must be held accountable and can play no role in the future governance of Gaza. The UK’s commitment to Israel’s security is resolute.

    President, the text of the resolution is clear that both Israel and Hamas need to agree to an immediate and unconditional ceasefire; that Hamas must immediately and unconditionally release the hostages; and that Israel, as the occupying power, must end its blocks on aid and ensure unhindered humanitarian access.

    And crucially, there must be an end to any actions that stand in the way of a two-state solution and the best chance for peace for the Israeli and Palestinian people.

    That is why this week, the UK, along with Australia, Canada, New Zealand, and Norway, sanctioned Bezalel Smotrich and Itamar Ben-Gvir. These two men are responsible for inciting settler violence against Palestinians in the West Bank with their extremist rhetoric. Attacks by violent settlers have led to the deaths of Palestinian civilians and the displacement of whole communities.

    We will not stand by while Israeli actions attempt to entrench a one-state reality.

    The UK is deeply concerned by ongoing Israeli operations in the West Bank, including incidents where children have been killed. This is appalling and unacceptable.

    President, there can be no military solution to this conflict.

    Over 55,000 Palestinians have been killed and the IPC have been clear that half a million people are facing starvation. 

    Israeli Government policies which have completely blocked or severely restricted humanitarian aid are unacceptable. That civilians have been killed whilst desperately trying to feed their families is inhumane. And the UK rejects any attempts at demographic or territorial change in the Gaza strip.

    While the UK voted in favour of this resolution, we wish to clarify that our long-standing position remains that Common Article 1 of the Geneva Conventions does not impose a legal obligation on states to ensure respect for international law by third parties.

    President, a two-state solution remains the only viable framework for a just and lasting peace. This is the fundamental principle that we must continue to strive for, to end the cycle of violence and give Palestinians and Israelis alike a better future.

    We welcome the leadership of France and Saudi Arabia in convening next week’s Conference in pursuit of this.

    Updates to this page

    Published 12 June 2025

    MIL OSI United Kingdom

  • MIL-OSI: Draganfly Announces Closing of US$13.75 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Saskatoon, SK., June 12, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the closing of its previously announced public offering (the “Offering”) of 5,500,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit was sold at a public offering price of US$2.50, for gross proceeds of approximately US$13.75 million, before deducting placement agent discounts and offering expenses. The warrants have an exercise price of CA$5.0768 (or US$3.71) per share, are exercisable immediately and will expire five years following the date of issuance.

    Maxim Group LLC acted as sole placement agent for the Offering.

    Draganfly currently intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company’s core products, potential acquisitions and research and development.

    The Offering was made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No. 333-271498) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 5, 2023 and the Company’s Canadian short form base shelf prospectus dated June 30, 2023 (the “Base Shelf Prospectus”). Draganfly offered and sold the securities in the United States only. No securities were offered or sold to Canadian purchasers.

    A final prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering and describing the terms thereof has been filed with the applicable securities commissions in the Canadian provinces of British Columbia, Saskatchewan and Ontario, and with the SEC in the United States and is available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. Copies of the final prospectus supplements and accompanying Base Shelf Prospectus relating to the Offering may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.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 other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.

    Media Contact
    media@draganfly.com

    Company Contact
    Cameron Chell
    Chief Executive Officer
    (306) 955-9907
    Email: info@draganfly.com

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown. In this news release, such forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds of the Offering. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward-looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws.‎ Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Offering documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.

    The MIL Network

  • MIL-OSI: Descartes Announces Results of Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    WATERLOO, Ontario, June 12, 2025 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (Nasdaq:DSGX) (TSX:DSG), announced the voting results from its annual meeting of shareholders held on Thursday, June 12, 2025 (the “Meeting”).

    Meeting Results

    The following matters, as set out in more detail in its Management Information Circular dated April 30, 2025, were considered and voted on by shareholders at the Meeting:

    General
    The total number of common shares of the Corporation represented in person or by proxy at the Meeting was 77,507,142 which represented 90.35% of the 85,782,830 common shares of the Corporation that were outstanding as of the record date for the Meeting, being April 25, 2025.

    Election of Directors
    On a vote by ballot, each of the following 10 nominees proposed by management of the Corporation was elected as a director of the Corporation:

    Director Nominee Number of
    Votes FOR
    Percentage of
    Votes FOR
    Number of
    Votes AGAINST
    Percentage of
    Votes AGAINST
    Deepak Chopra 75,876,565 98.81% 912,202 1.19%
    Eric Demirian 72,960,218 95.01% 3,828,551 4.99%
    Dennis Maple 73,891,505 96.23% 2,897,262 3.77%
    Jane Mowat 76,767,145 99.97% 21,625 0.03%
    Chris Muntwyler 75,883,997 98.82% 904,773 1.18%
    Jane O’Hagan 75,033,103 97.71% 1,755,666 2.29%
    Edward Ryan 76,223,399 99.26% 565,370 0.74%
    John Walker 73,935,135 96.28% 2,853,635 3.72%
    Laura Wilkin 76,767,158 96.28% 21,612 0.03%
             

    Appointment of Auditors

    On a vote by ballot, KPMG LLP, Chartered Professional Accountants and Licensed Public Accountants, were appointed as the auditors of the Corporation until the close of the next annual meeting of shareholders or until their successors are appointed.

    Number of Votes
    FOR
    Percentage of Votes
    FOR
    Number of Votes
    WITHHELD
    Percentage of Votes
    WITHHELD
    77,241,699 99.66% 265,443 0.34%
           

    Say-On-Pay

    On a vote by ballot, the “Say-On-Pay” resolution proposed by management of the Corporation was approved.

    Number of Votes
    FOR
    Percentage of Votes
    FOR
    Number of Votes
    AGAINST
    Percentage of Total Votes
    AGAINST
    74,071,830 96.46% 2,716,938 3.54%
           

    About Descartes
    Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

    Descartes Investor Contact
    Laurie McCauley                                                                     
    (519) 746-6114 x202358
    investor@descartes.com

    The MIL Network

  • MIL-OSI USA: Welch Grills Treasury Secretary Bessent on Trump’s Trade War: “Vermonters call it pretty painful as a way to run their business.” 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    WASHINGTON, D.C.—U.S. Senator Peter Welch (D-Vt.) today grilled Treasury Secretary Scott Bessent on the Trump Administration’s reckless trade policies, which are raising costs for Vermont businesses, manufacturers, farmers, and families. Senator Welch pressed Secretary Bessent on how President Trump’s unpredictable economic policies have wrought instability for Vermonters in every corner of the Green Mountain State. 
    Senator Welch asked Secretary Bessent: “Let me ask you this: predictability. The Trump tariff timelines—February 1: Executive Order, 10% on China, 25% on Mexico, and Canada. February 3: 30-day pause on 25% tariffs on Mexico and Canada. February 10: 25% tariffs on steel and aluminum. March 4: an additional 10% on China, 25% on Mexico, and Canada. This goes on and on—22 different tariffs. And it looks like the President wakes up, kind of checks his mood, and changes the tariff regime. 
    “I’ve talked to manufacturers where they’ve had products coming to a port, and if they arrive Monday, they’re cool. If they arrive on Wednesday, it’s going to cost them another $75,000. Just in terms of implementation, 22 different tariffs over the course of a few months.” 
    Secretary Bessent responded: “I’m just saying, Senator, if you’re familiar with game theory, it’s called ‘strategic uncertainty,’ and it’s also called ‘negotiations.’ Thirteen days ago, on a Friday, President Trump threatened the E.U. with 50% tariffs. The E.U. was not negotiating in good faith. Within ten hours, we had calls from five European leaders and a call with Ursula Vanderlinden. So, you may call this a flip-flop, I call this a negotiating strategy, and this is the way negotiating strategies works.” 
    Senator Welch: “Vermonters call it pretty painful as a way to run their business.” 
    Watch the full exchange between Senator Welch and Secretary Bessent below: 

    Senator Welch opposed Secretary Bessent’s nomination. In his confirmation hearing, Senator Welch pushed Bessent to avoid protectionist trade policies. The Trump Administration has since imposed sweeping global tariffs and waged an all-out trade war with our closest trade allies, including Canada, Mexico, and the EU. 
    Senator Welch has been a leading voice in pushing back against the Trump Administration’s deeply misguided and disastrous economic policies. Senator Welch has blasted Trump’s tariffs and trade war and shared stories from constituents about how President Trump’s economic policies have impacted their businesses, farms, and communities. This week, Senator Welch welcomed Steve Wright, President and General Manager of Jay Peak Resort to the Senate for a forum on the impact of tariffs and President Trump’s trade war, highlighting the detrimental impact the Trump Administration’s rhetoric toward Canada has had on businesses in Vermont. 
    Senator Welch is a cosponsor of a bipartisan resolution to repeal the tariffs on Canada, a bipartisan bill to restore congressional tariff authority, a bill to restrict the Executive Branch’s authority to impose tariffs through the International Economic Emergency Powers Act, and a bill to exempt small businesses from the April 2nd global tariff Executive Order. Senator Welch also led a bipartisan resolution to end President Trump’s ruinous global tariffs.      
    Last month, Senator Welch joined a bipartisan delegation and traveled to Ottawa to meet with Canadian dignitaries, including Prime Minister Mark Carney, to discuss bipartisan support for a U.S.-Canada partnership and their commitment to a strong trading relationship between the United States and Canada. The Senator has hosted roundtables in Stowe, Newport, St. Albans, Manchester, and virtually to hear concerns and first-hand stories from Vermont and Canadian leaders impacted by the trade war.  

    MIL OSI USA News

  • MIL-OSI Canada: National Coordinators advance work on Icebreaker Collaboration Effort 

    Source: Government of Canada News

    Representatives from Canada, Finland and the United States met to discuss the next steps in the collaboration to build Arctic and polar icebreakers

    June 12, 2025  – Ottawa, Ontario                     

    The National Coordinators of the Icebreaker Collaboration Effort (ICE Pact) and other officials from the governments of Canada, Finland and the United States (U.S.) have successfully concluded a 2-day meeting to discuss their shared commitment to strengthening Arctic presence and icebreaking capabilities through the ICE Pact.

    During the discussions, delegates from Canada, Finland and the U.S. successfully advanced deliverables under the ICE Pact workplan by focusing on the 4 areas of work: technical expertise and information exchange, workforce development, relations with allies and industry, and research and development.

    The 3 countries each presented their initial review and analysis of their Request for Information, which collected industry views and recommendations within their respective markets. This will help in engaging with interested shipyards and supply chains, and in laying the groundwork for future involvement with the private sector. 

    The delegates also participated in a panel discussion and roundtable with Canadian industry, academia and think tank representatives, hosted by the Canadian Global Affairs Institute. The event was an important forum to discuss the purpose and potential of the ICE Pact and identify opportunities for industrial collaboration. Participants shared valuable insights into the national perspectives on the ICE Pact and Arctic collaboration, promoting trilateral cooperation and strengthening stakeholder support for ICE Pact activities.

    The 3 partner countries concluded a successful meeting with a strong commitment to continue the ICE Pact work. They agreed to meet again in-person in fall 2025. The U.S. will host the next meeting.

    MIL OSI Canada News

  • MIL-OSI: Atrium Mortgage Investment Corporation Announces $30 Million Public Offering of Convertible Unsecured Subordinated Debentures

    Source: GlobeNewswire (MIL-OSI)

    THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

    TORONTO, June 12, 2025 (GLOBE NEWSWIRE) — Atrium Mortgage Investment Corporation (TSX:AI, AI.DB.D, AI.DB.F and AI.DB.G) (“Atrium”) announced today that it has entered into an agreement with a syndicate of underwriters bookrun by TD Securities Inc. and RBC Capital Markets, pursuant to which the underwriters will purchase $30 million aggregate principal amount of 6.00% convertible unsecured subordinated debentures of Atrium due September 30, 2032 at a price of $1,000 per debenture. Atrium has also granted to the underwriters an over-allotment option to purchase up to an additional $4,500,000 aggregate principal amount of debentures at the same price, exercisable in whole or in part at any time for a period of up to 30 days following closing of the offering, to cover over-allotments. If the over-allotment option is exercised in full, the gross proceeds of the offering will total $34,500,000.

    Atrium will use the net proceeds of the offering to repay existing indebtedness under its revolving operating credit facility, which will then be available to be drawn, as required, for general corporate purposes, particularly funding future mortgage loan opportunities.

    The offering of debentures is expected to close on or about June 30, 2025 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange.

    The debentures will mature on September 30, 2032 and will accrue interest at the rate of 6.00% per annum payable semi-annually in arrears on March 31 and September 30 in each year, commencing March 31, 2026. At the holder’s option, the debentures may be converted into common shares of Atrium at any time prior to the close of business on the earlier of the business day immediately preceding the maturity date and the business day immediately preceding the date fixed for redemption of the debentures. The conversion price will be $13.65 for each common share, subject to adjustment in certain circumstances.

    The debentures will be direct, unsecured obligations of Atrium, subordinated to other senior indebtedness of Atrium, ranking pari-passu to Atrium’s existing 5.50% convertible unsecured subordinated debentures due December 31, 2025, 5.00% convertible unsecured subordinated debentures due December 31, 2028, and 5.10% convertible unsecured subordinated debentures due March 31, 2029.

    The debentures will not be redeemable before September 30, 2028. On and after September 30, 2028 and prior to September 30, 2030, the debentures may be redeemed, in whole or in part, from time to time at Atrium’s option at par plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Atrium on the Toronto Stock Exchange during the 20 consecutive trading days ending on the fifth trading day preceding the date on which notice of the redemption is given is not less than 125% of the conversion price. On and after September 30, 2030, Atrium may, at its option, redeem the debentures, in whole or in part, from time to time at par plus accrued and unpaid interest.

    Subject to specified conditions, Atrium will have the right to repay the outstanding principal amount of the debentures, on maturity or redemption, through the issuance of its common shares. Atrium will also have the option to satisfy its obligation to pay interest through the issuance and sale of its common shares.

    On or before June 18, 2025, the Company will file with the securities commissions or other similar regulatory authorities in each of the provinces of Canada (excluding Quebec), a preliminary short form prospectus relating to the issuance of the debentures. No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless an exemption from registration is available. This news release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Atrium in any jurisdiction.

    About Atrium

    Canada’s Premier Non-Bank Lender™

    Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium’s objectives are to provide its shareholders with stable and secure dividends and preserve shareholders’ equity by lending within conservative risk parameters.

    Atrium is a Mortgage Investment Corporation (MIC) as defined in the Income Tax Act (Canada), so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder. For further information, please refer to regulatory filings available at www.sedarplus.ca or Atrium’s website at www.atriummic.com.

    Forward-Looking Statements

    This news release contains forward-looking statements. Much of this information can be identified by words such as “expect to,” “expected,” “will,” “estimated” or similar expressions suggesting future outcomes or events and includes the expected use of proceeds and the expected closing date of the offering. Atrium believes the expectations reflected in such forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.

    Forward-looking statements are based on current information and expectations that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those anticipated. These risks include, but are not limited to, risks associated with the ability to satisfy regulatory, stock exchange and commercial closing conditions of the offering, the uncertainty associated with accessing capital markets and the risks related to Atrium’s business, including those identified in Atrium’s annual information form for the year ended December 31, 2024 under the heading “Risk Factors” (a copy of which may be obtained at www.sedarplus.ca). Forward-looking statements contained in this news release are made as of the date hereof and are subject to change. All forward-looking statements in this news release are qualified by these cautionary statements. Except as required by applicable law, Atrium undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    For further information, please contact

    The MIL Network

  • MIL-OSI Canada: New investigations begin for long-term solution on Taylor Bridge

    As part of the development of a long-term solution for the future of Taylor Bridge on Highway 97, the Ministry of Transportation and Transit is conducting geotechnical investigations on the north and south banks of Peace River near the bridge.

    The work involves drilling cylindrical, steel piles into the ground and installing specialized monitoring instrumentation to gather critical geotechnical data. This information will inform the engineering requirements for the load capacity of future piles.

    The contract for the delivery of pile-load tests is awarded to Hanna Infrastructure Ltd. at $3.6 million. Equipment is mobilizing to the sites, with the pile-load tests to be completed by August 2025.

    Minimal traffic impacts are expected during the work. Some visual and noise impacts can be expected, with works occurring during daylight hours.

    Taylor Bridge serves approximately 7,500 crossings of Peace River every day, with 30% being commercial-vehicle traffic. The bridge is an important connection in the provincial and national economies, with 20% of the province’s over-weight and over-width traffic travelling through the Peace region. The bridge is maintained for safety with ongoing maintenance throughout the year.

    Learn More:

    Updates about the project are available here: https://gov.bc.ca/taylorbridgecrossing

    MIL OSI Canada News

  • MIL-OSI Canada: Lockdown and search at Dorchester Penitentiary – Medium security unit

    Source: Government of Canada News

    June 12, 2025 – Dorchester, New Brunswick – Correctional Service Canada

    On June 9, 2025, a lockdown was put in place in the medium security unit at Dorchester Penitentiary to enable staff members to conduct an exceptional search.

    The search was ordered to ensure the safety and security of the institution, its staff, and inmates.

    Visits have been suspended until the search is completed. Normal operations will resume as soon as it is considered safe to do so. 

    The Correctional Service of Canada (CSC) is committed to preventing the entry of contraband and/or unauthorized items into its institutions. CSC works in partnership with the police to take action against those who attempt to introduce contraband into correctional institutions.

    MIL OSI Canada News