Category: CTF

MIL-OSI Canada: Minister Hodgson to Announce Carbon Management Funding in Alberta

Source: Government of Canada News

CALGARY— The Minister of Energy and Natural Resources, the Honourable Tim Hodgson, will make a funding announcement to support carbon management technologies in Alberta. A media availability will follow.

Date: July 4, 2025

Time: 10 a.m. MT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

MIL OSI Canada News –

MIL-OSI: Gate Launches xStocks Trading Section, Bridging Crypto Finance and Global Capital Markets

Source: GlobeNewswire (MIL-OSI)

PANAMA CITY, July 03, 2025 (GLOBE NEWSWIRE) — In July 2025, Gate, a global leading digital asset trading platform, officially launched its xStocks trading section, covering both spot and futures markets. The initial listings include 8 popular tokenized stocks, such as COINX, NVDAX, CRCLX, AAPLX, METAX, HOODX, TSLAX, and GOOGLX, enabling global users to trade tokenized stocks directly with crypto assets like USDT. Gate Alpha has also rolled out support for xStocks, listing MSTRx, CRCLx, SPYx, NVDAx, TSLAx, and AAPLx, further expanding users’ access to on-chain assets and strategic trading options.

This initiative not only diversifies investment channels for crypto users but also marks a new phase in the convergence of crypto finance and traditional markets. Gate is now the first platform to launch a futures market for tokenized stocks, establishing a fully closed-loop trading infrastructure at the intersection of digital and traditional finance.

Removing Barriers: Connecting Global Users to Wall Street
Gate’s xStocks trading section adopts a compliant, asset-backed tokenization model. All tokens are fully collateralized and represent publicly traded U.S. stocks. These tokens are freely transferable and compatible across multiple blockchains and ecosystems.

Unlike traditional brokers that require regional accounts, complex KYC, and fiat settlement, Gate’s tokenized stocks services are globally accessible and require no KYC, allowing users to invest using USDT and other crypto assets. This borderless trading model significantly lowers entry barriers for global participants, offering a seamless path for cross-border capital movement and global portfolio allocation.

The platform also supports 24/7 trading, fractional investment, and on-chain liquidity, breaking down traditional time and regulatory constraints, and delivering a highly flexible, decentralized investment experience that links TradFi and DeFi.

World-First Futures Market for Tokenized Stocks, Redefining Derivatives Boundaries
As the first platform globally to launch the futures market for tokenized stocks, Gate enables users to apply leverage and execute two-way strategies on U.S. stocks, all under a USDT pricing system, empowering more dynamic risk and return management.

The trading infrastructure has been fully optimized for this launch, with upgrades to matching engines, pricing models, and risk control systems. Tailored to the liquidity profiles of U.S. stocks and the behavioral patterns of crypto-native traders, the system delivers high responsiveness, strong compatibility, and robust user experience across both spot and futures markets.

A Strategic Leap Toward the Next-Generation Crypto Exchange
Gate’s expansion into tokenized stocks represents a key milestone in its long-term strategy of bridging traditional and future finance. By building crypto-native infrastructure for traditional assets, Gate is redefining how users access and interact with global capital markets.

Dr. Han, Founder and CEO of Gate, stated: “Our mission isn’t just to add a new asset class, but to transform the relationship between users and assets. We aim to create a truly global, borderless investment platform that empowers everyone to access financial opportunities worldwide.”

In 2025, Gate completed a major brand upgrade and transitioned to the unified domain Gate.com, marking a new chapter in its global strategy. The platform currently ranks Top 2 globally in spot trading volume, with continued strength in derivatives, liquidity depth, and user activity, reinforcing its position as a leader in global crypto financial infrastructure.

As the digital transformation of global finance accelerates, Gate’s launch of tokenized stocks offers a model for the industry and demonstrates a pioneering approach to integrating decentralized infrastructure with traditional capital markets, propelling the platform toward its vision as the next-generation crypto exchange.

About Gate
Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 30 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter.

Media Contact:
Loyo at loyo@gate.com

Disclaimer:
This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement.

This content is provided by Gate. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/77167a8f-f56c-4c37-b465-3c8a89ac8047

MIL-OSI: Range Announces Conference Call to Discuss Second Quarter 2025 Financial Results

Source: GlobeNewswire (MIL-OSI)

FORT WORTH, Texas, July 03, 2025 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its second quarter 2025 financial results news release will be issued Tuesday, July 22 after the close of trading on the New York Stock Exchange.

A conference call to review the financial results is scheduled for Wednesday, July 23 at 9:00 a.m. ET (8:00 a.m. CT). A webcast of the call may be accessed at www.rangeresources.com. The webcast will be archived for replay on the Company’s website until August 23, 2025.

RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused in the Appalachian Basin. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com.

Range Investor Contacts:

Laith Sando, SVP – Corporate Strategy & Investor Relations
817-869-4267
lsando@rangeresources.com

MIL-OSI: Form 8.3 – [MARLOWE PLC – 02 07 2025] – (CGWL)

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	MARLOWE PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	02 JULY 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	NO

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	50p ORDINARY
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	3,063,056	3.9009
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	3,063,056	3.9009

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
50p ORDINARY	SALE	1,487	440p

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
NONE

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
NONE

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
NONE

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	03 JULY 2025
Contact name:	MARK ELLIOTT
Telephone number:	01253 376539

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

MIL-OSI: Auction result of Treasury Bonds – RIKB 32 1015

Source: GlobeNewswire (MIL-OSI)

Series	RIKB 32 1015
Settlement Date	07/08/2025
Total Amount Allocated (MM)	11,600
All Bids Awarded At (Price / Yield)	99.234	/	7.130
Total Number of Bids Received	13
Total Amount of All Bids Received (MM)	14,600
Total Number of Successful Bids	9
Number of Bids Allocated in Full	9
Lowest Price / Highest Yield Allocated	99.234	/	7.130
Highest Price / Lowest Yield Allocated	99.289	/	7.120
Lowest Price / Highest Yield Allocated in Full	99.234	/	7.130
Weighted Average of Successful Bids (Price/Yield)	99.274	/	7.120
Best Bid (Price / Yield)	99.289	/	7.120
Worst Bid (Price / Yield)	98.304	/	7.300
Weighted Average of All Bids Received (Price / Yield)	99.195	/	7.140
Percentage Partial Allocation (Approximate)	100.00 %
Bid to Cover Ratio	1.26

MIL-OSI: Auction result of Treasury Bonds – RIKB 32 1015

Source: GlobeNewswire (MIL-OSI)

Series	RIKB 32 1015
Settlement Date	07/08/2025
Total Amount Allocated (MM)	11,600
All Bids Awarded At (Price / Yield)	99.234	/	7.130
Total Number of Bids Received	13
Total Amount of All Bids Received (MM)	14,600
Total Number of Successful Bids	9
Number of Bids Allocated in Full	9
Lowest Price / Highest Yield Allocated	99.234	/	7.130
Highest Price / Lowest Yield Allocated	99.289	/	7.120
Lowest Price / Highest Yield Allocated in Full	99.234	/	7.130
Weighted Average of Successful Bids (Price/Yield)	99.274	/	7.120
Best Bid (Price / Yield)	99.289	/	7.120
Worst Bid (Price / Yield)	98.304	/	7.300
Weighted Average of All Bids Received (Price / Yield)	99.195	/	7.140
Percentage Partial Allocation (Approximate)	100.00 %
Bid to Cover Ratio	1.26

MIL-OSI: Auction result of Treasury Bonds – RIKB 32 1015

Source: GlobeNewswire (MIL-OSI)

Series	RIKB 32 1015
Settlement Date	07/08/2025
Total Amount Allocated (MM)	11,600
All Bids Awarded At (Price / Yield)	99.234	/	7.130
Total Number of Bids Received	13
Total Amount of All Bids Received (MM)	14,600
Total Number of Successful Bids	9
Number of Bids Allocated in Full	9
Lowest Price / Highest Yield Allocated	99.234	/	7.130
Highest Price / Lowest Yield Allocated	99.289	/	7.120
Lowest Price / Highest Yield Allocated in Full	99.234	/	7.130
Weighted Average of Successful Bids (Price/Yield)	99.274	/	7.120
Best Bid (Price / Yield)	99.289	/	7.120
Worst Bid (Price / Yield)	98.304	/	7.300
Weighted Average of All Bids Received (Price / Yield)	99.195	/	7.140
Percentage Partial Allocation (Approximate)	100.00 %
Bid to Cover Ratio	1.26

MIL-OSI: BNP Paribas Primary New Issues: NO STAB Notice

Source: GlobeNewswire (MIL-OSI)

3/07/2025

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Lenzing AG

Post-stabilisation Period Announcement

NO STABILISATION CARRIED OUT

[Further to the pre-stabilisation period announcement dated 02/07/2025] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Securities

Issuer:	Lenzing AG
Guarantor(s) (if any):	N/A
Aggregate nominal amount:	EUR 500.000.000
Description:	9% until 9th July 2028, 3 yr mid-swaps + Initial Margin + 500bps step up thereafter; Perpetual tenor
Offer price:	100

Stabilisation Manager(s)

Name(s):

BNP PARIBAS, UNICREDIT, COMMERZBANK, ERSTE GROUP, JP MORGAN, RBI

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

MIL-OSI: BNP Paribas Primary New Issues: NO STAB Notice

Source: GlobeNewswire (MIL-OSI)

3/07/2025

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Lenzing AG

Post-stabilisation Period Announcement

NO STABILISATION CARRIED OUT

[Further to the pre-stabilisation period announcement dated 02/07/2025] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Securities

Issuer:	Lenzing AG
Guarantor(s) (if any):	N/A
Aggregate nominal amount:	EUR 500.000.000
Description:	9% until 9th July 2028, 3 yr mid-swaps + Initial Margin + 500bps step up thereafter; Perpetual tenor
Offer price:	100

Stabilisation Manager(s)

Name(s):

BNP PARIBAS, UNICREDIT, COMMERZBANK, ERSTE GROUP, JP MORGAN, RBI

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

MIL-OSI: BNP Paribas Primary New Issues: NO STAB Notice

Source: GlobeNewswire (MIL-OSI)

3/07/2025

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Lenzing AG

Post-stabilisation Period Announcement

NO STABILISATION CARRIED OUT

[Further to the pre-stabilisation period announcement dated 02/07/2025] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Securities

Issuer:	Lenzing AG
Guarantor(s) (if any):	N/A
Aggregate nominal amount:	EUR 500.000.000
Description:	9% until 9th July 2028, 3 yr mid-swaps + Initial Margin + 500bps step up thereafter; Perpetual tenor
Offer price:	100

Stabilisation Manager(s)

Name(s):

BNP PARIBAS, UNICREDIT, COMMERZBANK, ERSTE GROUP, JP MORGAN, RBI

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

MIL-OSI: Same Day Personal Loans Guaranteed Approval – Radcred Introduces Instant Loan Funding Option For US Borrowers In Emergencies.

Source: GlobeNewswire (MIL-OSI)

Glandale, California, July 03, 2025 (GLOBE NEWSWIRE) — Unexpected expenses often demand cash faster than traditional lenders can respond. RadCred’s same day personal loans guaranteed approval give U.S. consumers a practical option when time and credit scores are in short supply. Using a streamlined digital process and no credit check loans guaranteed approval, the platform reviews income and repayment ability rather than a borrower’s FICO score. That approach opens the door to urgent loans for bad credit, personal loans, no credit check, and even bad credit personal loans guaranteed approval $5,000. RadCred aims to deliver reliable funding within hours of application helping households navigate financial surprises with greater confidence.

What Are Same-Day Loans?

Same-day personal loans are short-term credit products structured to move from application to disbursement in a single business day. Approval is largely automated, and funds usually arrive via ACH within hours, making the loans suitable for emergency car repairs, medical bills, or time-sensitive household costs. RadCred enhances the model with no credit check loans guaranteed approval, relying on pay-stub and bank-deposit verification instead of hard inquiries. Because the decision hinges on present cash flow, borrowers with prior delinquencies can still qualify for bad credit loans guaranteed approval.

The result is an emergency loan bad credit guaranteed approval option that mirrors the speed of same day payday loans while offering the predictability of fixed monthly payments and clear personal loans no credit check terms.

Why U.S. Borrowers Are Turning to Same-Day Loans for Quick Financial Relief

Rising living costs, volatile gig-economy earnings, and limited savings buffers have pushed many Americans to seek same day loans that bypass conventional underwriting. Surveys by the Federal Reserve show nearly four in ten adults would struggle to cover a $400 surprise expense amplifying demand for no credit check loans guaranteed approval that can bridge pay-cycle gaps. For households with spotty credit files, urgent loans for bad credit fill a market void left by banks’ tighter score thresholds.

Compared with credit-card cash advances, personal loans no credit check often feature clearer repayment schedules and lower fee ceilings. When medical deductibles or repair invoices arrive unexpectedly, an emergency loan bad credit guaranteed approval can prevent late fees, service shut-offs, or missed rent.

How Same-Day Loans Help Borrowers with Bad Credit: RadCred’s Guaranteed Approval Solution

Borrowers with sub-600 scores often meet sudden costs but lack access to mainstream credit. RadCred’s same day loans guaranteed approval address this gap by weighting affordability over history. Applicants supply recent pay statements, benefit letters, or gig-platform deposits; automated underwriting then matches them to bad credit loans guaranteed approval products sized to documented income. Because payment dates align with pay cycles, the risk of delinquency is lower than with rollover-style advances, supporting responsible use of personal loans for bad credit.

In urgent scenarios hospital copays, appliance replacement, or travel to assist family an emergency loan bad credit guaranteed approval can arrive the same afternoon, avoiding high-overdraft fees. For smaller cash shortfalls, RadCred also facilitates same day payday loans that settle in one lump sum on the next payday.

How Online Lending Platforms Are Fueling the Growth of Same-Day Loans

Cloud-based verification tools, open-banking APIs, and real-time payments infrastructure allow online lenders to approve and deliver same-day personal loans far faster than branch-based institutions. Algorithms reviewing income streams enable no credit check loans guaranteed approval with minimal paperwork.

Platforms such as RadCred aggregate multiple funding sources, letting borrowers compare bad credit personal loans guaranteed approval $5,000 in minutes. Because identity and income checks occur behind encrypted connections, applicants upload fewer documents yet receive clearer personal loans no credit check offers. For consumers facing an emergency loan bad credit guaranteed approval scenario, that end-to-end digitization reduces both time-to-cash and privacy risk key factors propelling online-originated same-day lending volumes.

Why Same Day Loans Are More Popular Than Ever: Key Trends and Insights By Radcred

Several macro forces underpin the surge in same-day personal loans. First, payroll volatility especially among contract and service workers creates intermittent income cliffs that demand rapid liquidity. Second, traditional bank branches continue to close, reducing local credit availability and nudging consumers online for no credit check loans guaranteed approval. Third, fintech competition lowers origination costs, enabling lenders to approve guaranteed approval payday loans at scale.

Regulatory data also show younger adults favor mobile borrowing over credit-card cash advances, citing transparent fee structures on bad credit personal loans guaranteed approval $5,000. Meanwhile, inflationary pressures raise the median emergency expense, elevating demand for urgent loans for bad credit that exceed typical payday-loan limits but still settle within 24 hours.

Finally, real-time payment rails such as RTP® and FedNow® shorten funding cycles, making quick disbursement a consumer expectation rather than a premium service. Collectively, these trends position same-day lending and RadCred’s digital marketplace as pivotal in the evolving U.S. short-term credit ecosystem.

Key Features of RadCred’s Same-Day Personal Loans

Soft-Pull Underwriting: Applications trigger only a soft inquiry, preserving scores while delivering no credit check loans guaranteed approval results in minutes.
Same-Day ACH Funding: Once documents are e-signed, partnered lenders initiate disbursement so borrowers often receive cash before the next business morning.
Flexible Amounts: From $300 micro-advances to bad credit personal loans guaranteed approval $5,000, loan sizes scale to verified income, giving users right-sized solutions.
Fixed APR & Term Choices: Customers may select shorter payoff windows for lower interest cost or longer terms for budget-friendly installments—useful for any emergency loan bad credit guaranteed approval need.
Integrated Repayment Reminders: Automated email/SMS alerts help prevent missed payments, supporting credit-rebuilding goals while using same day payday loans responsibly.
Data Security & Compliance: AES-256 encryption, SOC-2–audited servers, and state-licensed lenders protect applicant data and ensure adherence to fair-lending statutes.

How to Get Same-Day Guaranteed Approval Loans From RadCred

Visit RadCred.com and select the same-day loans guaranteed approval application.
Enter basic details—name, address, SSN (for soft inquiry), employer, and monthly income.
Upload proof (pay stub or bank-deposit screenshot). This step replaces a hard pull, enabling personal loans no credit check decisions.
Review offers from RadCred’s lender network. Each card shows APR, finance charge, and payoff date—ideal when comparing emergency loan bad credit guaranteed approval choices.
E-sign electronically. Lenders then send a final disclosure and initiate ACH. For most urgent loans for bad credit submitted before 11 a.m. ET, funds post same day; later submissions fund next morning.
Repay automatically via scheduled withdrawals, or prepay anytime without penalty.

Eligibility for Same-Day Loans

Must be a U.S. resident aged 18 or older.
Provide verifiable monthly income of at least $1,000.
Maintain an active checking account for deposits and debits.
Supply a working email and mobile phone for verification.
No minimum FICO score

RadCred’s same-day personal loans guaranteed approval rely on real-time cash-flow analysis, extending access to applicants who may not qualify for bank credit.

Conclusion

RadCred’s expanded suite of same-day personal loans and same-day payday loans offers a credible lifeline when traditional credit falls short. By centering decisions on earnings rather than history, the company delivers emergency loan bad credit guaranteed approval options up to $5,000, empowering borrowers to manage surprises without enduring hard inquiries or protracted waits. Transparent pricing, encrypted processing, and licensed-lender oversight further distinguish RadCred’s marketplace positioning it as a practical, responsible choice for immediate cash-flow needs in today’s unpredictable economy.

Disclaimer

All loan offers originate from independent, state-licensed lenders within RadCred’s network. Approval is contingent on meeting age, residency, income, bank-account, and regulatory requirements; therefore, “guaranteed” refers to high but not universal approval odds. Applications use soft inquiries only; late or missed payments may still be reported. Loan amounts, APRs, fees, and funding speed vary by state and lender. Funds typically deposit same day, but bank processing may delay availability. Borrow responsibly only borrow what you can comfortably repay.

FAQ

Q1: How fast can I get a loan?
If you apply before 11 a.m. ET and meet income criteria, many same-day personal loans guaranteed approval fund within hours; later submissions usually post next business morning.

Q2: What is the maximum loan amount?
RadCred’s network currently offers up to $5,000 for bad credit personal loans guaranteed approval $5,000; first-time borrowers may receive smaller limits based on income.

Q3: Does applying affect my credit score?
No. RadCred performs only soft pulls. However, lenders may report late payments, which could impact credit.

Q4: Are there any hidden fees?
No. Every offer details APR, origination or late fees, and total repayment cost before you accept, ensuring transparency for guaranteed approval payday loans or installment products.

MIL-OSI: PBK Miner announces progress on its AI cloud mining infrastructure after raising $80 million in Series B funding

Source: GlobeNewswire (MIL-OSI)

Carshalton, UK, July 03, 2025 (GLOBE NEWSWIRE) — Founded in 2019, PBK Miner, a UK cloud mining platform, announced the successful completion of its Series B financing, receiving $80 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in the fields of blockchain and sustainable technology.

PBKMiner said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.

PBKMiner currently operates more than 100 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar, in line with the company’s environmentally sustainable mining strategy. The platform reportedly serves 8.5 million users in 183+ countries and regions.

Cloud Mining Overview

Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider, without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires significant capital investment and technical expertise.

Newbie-friendly: No technical skills required. New users get an instant $10 sign-up bonus.

In the fast-moving world of cryptocurrency, ease of use and sustainable profitability are essential. PBKMiner’s cloud mining service is an attractive option for beginners looking for a reliable source of passive income.

PBKMiner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH, etc. The mining business is fully managed by PBKMiner, including hardware maintenance and infrastructure operations.

Integration of artificial intelligence

PBKMiner integrates artificial intelligence into the cloud mining framework, aiming to optimize resource allocation and performance in real time. This approach is expected to reduce electricity consumption in renewable energy centers and increase system responsiveness.

The company has said it plans to expand its green data center footprint in Europe, North America, and Asia. The centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.

PBKMiner now offers flexible smart cloud mining plans:

2-day strategy: return rate +6.7%
5-day strategy: return rate +6.19%
15-day strategy: return rate +20.9%
30-day strategy: return rate +55.7%

These performance figures are not speculation, but are based on real usage data from millions of users. This is due to PBKMiner’s AI-driven profit optimization engine and result-oriented cloud mining model.

One of the most attractive aspects of AI cloud mining plans is the ultra-low investment threshold and flexible contract period. For example, a 2-day cloud mining strategy starts at only $100.

How to start AI cloud mining with PBKMiner

1.Register: Sign up now and get a $10 welcome bonus, plus a $0.60 daily login bonus.

Choose a contract: Select a mining plan that fits your budget and financial goals. All available plans support AI cloud mining.
Start earning: Once your contract is activated, PBKMiner’s intelligent platform will take care of the rest – ensuring seamless and efficient mining operations to maximize your profits.

About PBKMiner

Founded in 2019, PBKMiner represents a new generation of AI-driven cloud mining technology, based on data, performance, and trust. The platform supports cloud mining of XRP, BTC, ETH, LTC, DOGE, and SOL. With a rapidly growing global user base, PBKMiner will stand out as one of the most promising cryptocurrency investment opportunities in 2025, especially for investors who seek sustainable long-term returns rather than speculative gains.

For full details and participation options please visit: https://pbkminer.com

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

Media Contact:

Alison Evans

PBK Miner

info@pbkminer.com

https://pbkminer.com

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

MIL-OSI: American Rebel Light Beer Congratulates John Hall on Triumphant NHRA Victory in Ohio

Source: GlobeNewswire (MIL-OSI)

Hall Scores First Pro Stock Motorcycle Win in Nearly 12 Years

Nashville, TN, July 03, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB), the unapologetically patriotic lifestyle brand behind America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer (americanrebelbeer.com), proudly congratulates John Hall on his exhilarating Pro Stock Motorcycle win on his American Rebel Buell at the 19^th annual Summit Racing Equipment NHRA Nationals in Norwalk, Ohio.

Hall’s return to the winner’s circle after nearly 12 long years was nothing short of legendary. Piloting the American Rebel Motorcycle and burning red, white, and blue down the track, he gave fans across the nation a reason to cheer – and another reason to crack open an ice-cold American Rebel Light Beer in celebration.

“It’s special because you never know if you’re going to get another one. I won twice in 2013, including the U.S. Nationals,” said John Hall. “You know, 12 years goes by and you just realize how hard it is to get one of these.”

John got the job done in the finals on Sunday in Norwalk, chasing down Richard Gadson with a run of 6.880 at 196.67 mph. Gadson left first with a standout .021 reaction time, but Hall had enough power to slip by at the finish line, recording his first victory since the U.S. Nationals at Indianapolis in 2013.

“As we head into the Fourth of July weekend, John’s victory couldn’t have come at a more perfect time,” said Andy Ross, CEO of American Rebel. “He represents the heart of our brand – not just in victory lane, but also through his dedication to distribution in Connecticut at Dichello Distributors (dichello.com). We’re proud to be the primary sponsor of John’s motorcycle this season. He’s a key member of our extended family, and we’re proud to celebrate his success alongside America’s birthday.”

John Hall is President of Dichello Distributors, the distributor for American Rebel Light for 4 counties in Connecticut. Dichello was one of the early distributors to sign a distribution agreement with American Rebel Light (“Rebel Light”) and Dichello’s Connecticut territory is the top per capita sales territory for Rebel Light.

From Nashville to Norwalk and beyond, the American Rebel lifestyle roars loudest when freedom meets fuel, and John Hall’s win embodies that spirit with full throttle glory. This holiday weekend, raise your glass, wave your flag, and salute a true champion.

About American Rebel Light Beer

American Rebel Light is more than just a beer – it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida, Indiana and Virginia and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms (@americanrebelbeer).

American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

For more information about American Rebel Light Beer follow us on social media @AmericanRebelBeer.

For more information, visit americanrebelbeer.com.

About American Rebel Holdings, Inc.

American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebelbeer.com. For investor information, visit americanrebel.com/investor-relations.

Watch the American Rebel Story as told by our CEO Andy Ross visit The American Rebel Story

Media Inquiries:
Matt Sheldon
Matt@Precisionpr.co
917-280-7329

American Rebel Holdings, Inc.
info@americanrebel.com
ir@americanrebel.com

American Rebel Beverages, LLC
Todd Porter, President
tporter@americanrebelbeer.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our continued sponsorship of high profile events, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

Attachment

American Rebel Holdings, Inc

MIL-OSI: 40% of Banking Work Will Be Redefined by AI by 2030, ThoughtLinks CEO Sumeet Chabria Projects — And It’s Already Underway

Source: GlobeNewswire (MIL-OSI)

MIAMI, July 03, 2025 (GLOBE NEWSWIRE) — ThoughtLinks, a strategic advisory firm founded by global banking executive Sumeet Chabria and focused on banks and capital markets, released a bold projection: By 2030, nearly 40% of banking technology, operations, and knowledge work will be redefined by AI. As first reported this morning by Business Insider, these findings, based on proprietary modeling of nearly 5,000 banking processes, confirm that this change is already underway.

Driving this transformation is the convergence of generative and agentic AI, democratized data, cloud-native infrastructure, and intelligent automation—forces that are rapidly accelerating disruption. At its core lies a structural shift altering both the nature of work itself and who performs it. A new generation of AI agents—“digital workers”—is emerging, designed to collaborate with people and amplify human capabilities.

“AI capabilities are increasingly embedded within vendor systems, platforms, and tools, even if not yet fully activated,” says Chabria. “This is quietly accelerating structural change beneath the surface.”

A Strategic Blueprint for Value Creation in Banking and Capital Markets

To compete in this new reality, banks must align four strategic pillars into a practical blueprint for sustainable value. These pillars form the foundation of ThoughtLinks’ core proposition and power effective AI-enabled business goals:

AI-First Technology Strategy
Enterprise-Wide Transformation
Growth and Efficiency through AI
Future-Ready Workforce Strategies

Where the Shift Is Already Happening

AI-driven reinvention spans all areas of banking. Agentic AI, in particular, complements banking’s relationship-driven approach. AI agents promise to enhance interactions with customers and employees by providing context and continuity, expanding organizational capacity.

Consumer banking — Virtual AI assistants anticipate customer needs, answer queries, and suggest next-best actions.
Wealth management — AI synthesizes data, client preferences, and portfolio performance to surface personalized insights and augment advisor capacity.
Credit and lending — Conversational AI streamlines complex applications, flags risks early, and accelerates approvals.
Customer servicing — Intelligent agents resolve a growing share of routine requests, reducing costs and enhancing experiences.
Risk and compliance — Early deployments monitor transactions and communications in real time, detect anomalies, and escalate threats—potentially establishing a new enterprise-wide line of defense.
Global markets — AI supports analysts and traders by summarizing vast volumes of information, curating signals, and stress-testing investment theses.

In technology and operations—where nearly half a bank’s workforce and suppliers operate—AI is reinventing how systems are built, tested, and delivered. The traditional software development lifecycle faces unprecedented change as more productive and faster ways to build systems emerge. In parallel, sourcing and service models are evolving as human labor moves toward AI-enabled processes, prompting a rethink of supplier strategies, operating models, and contracts.

The scale and pace of change raise enterprise questions, such as:

Growth & Efficiency:
How can we scale AI effectively while delivering measurable ROI?

Operations:
Which processes should shift to AI, and how can doing so simplify the enterprise landscape? And how should we modernize global capability centers (GCCs) to keep pace?

Risk & Controls:
As we automate, how do we build smarter safeguards and ensure AI runs within strong, adaptive guardrails?

Talent & Culture:
Which tasks are impacted, and when? How do we rethink roles and help people view AI as a growth opportunity?

And for the leaders navigating it all—it takes staying clear on what matters, building new disciplines, trusting your gut, and rallying the right people around a vision that makes the path ahead feel steady, not overwhelming.

Roadmap to 2030

As AI reshapes banking, institutions must move beyond isolated use cases and proactively assess how this technology impacts everyday tasks. This means continually examining and aligning business activities with strategic objectives.

“The winners in this new era will not just implement AI—they will thoughtfully redesign their organizations around it,” Chabria concluded. “Their strategic advantage will come from elevating both people and performance, ensuring that human ingenuity remains central to innovation and progress.”

About ThoughtLinks

ThoughtLinks is a strategic advisory firm specializing in AI strategy, enterprise transformation, and innovation for banking and capital markets. Led by CEO Sumeet Chabria and composed entirely of former global C-suite executives, the firm partners with Fortune 500 institutions to drive AI-powered growth, efficiency, and workforce transformation.

True to its name, Thought ‘Links’ connects strategic business needs to best-in-class solutions, next-gen technology, and top talent across the financial services ecosystem—empowering human potential.

For more information, visit www.ThoughtLinks.net or learn more about our CEO and founder, Sumeet Chabria.

Notes to Editors

Media Contact Information
Phone: 305-728-5283
Email: media@thoughtlinks.net

MIL-OSI: MAAS Announces A Private Placement of Class A Ordinary Shares and Warrants

Source: GlobeNewswire (MIL-OSI)

CHENGDU, China, July 03, 2025 (GLOBE NEWSWIRE) — Maase Inc. (NASDAQ: MAAS) (“MAAS” or the “Company”) today announced the execution of a definitive share purchase agreement (the “Agreement”) with certain investors, pursuant to which the investors have agreed to subscribe for, and the Company has agreed to issue and sell to the investors, (i) an aggregate of 10,000,000 Class A ordinary shares, par value US$0.09 per share, of the Company, at a purchase price of $2.08 per share (the “Per Share Purchase Price”) (the “Share Issuance”), and (ii) warrants to purchase up to 20,000,000 additional Class A ordinary shares of the Company. The transaction is expected to generate approximately $21 million in gross proceeds from the Share Issuance.

The exercise price of the warrants is structured in two tranches: 50% of the warrants are exercisable at 200% of the Per Share Purchase Price, with the remaining 50% exercisable at 250%. Upon the closing of the Share Issuance, the Company will have a total of 25,917,241 ordinary shares outstanding, consisting of 19,250,573 Class A ordinary shares and 6,666,668 Class B ordinary shares. Upon closing of the Share Issuance, the largest investor in this transaction is expected to hold approximately 19.29% of the Company’s total outstanding ordinary shares, representing 0.73% of the total voting power due to the Company’s dual-class share structure, assuming no exercise of the warrants.

The transaction is expected to close by the end of July 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds to support the execution of its business plans as determined by its board of directors, to augment general working capital, and for other general corporate purposes.

The Class A ordinary shares are being issued and sold in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), which have not been registered under the Securities Act or applicable state securities laws and may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements.

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

About Maase Inc.

Founded in 2010 and formerly known as Highest Performances Holdings Inc., we have evolved with a vision to become a leading provider of intelligent technology-driven family and enterprise services. Our mission is to enhance the quality of life for families worldwide by leveraging two primary driving forces: technological intelligence and capital investments. We are dedicated to investing in high-quality enterprises with global potential, focusing on areas such as asset allocation, education and study tours, healthcare and elderly care, and family governance.

We currently hold controlling interests in two leading financial service providers in China. The first is AIFU Inc., a technology-driven independent financial service platform traded on the Nasdaq. The second is Puyi Fund Distribution Co., Ltd., an independent wealth management service provider.

Forward-looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When MAAS uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from MAAS’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: MAAS’s ability to obtain proceeds from the Agreement; MAAS’s goals and strategies; MAAS’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the third-party wealth management industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets MAAS serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by MAAS with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in MAAS’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. MAAS undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Maase Inc.

MIL-OSI: Parex Resources Announces Production Update and Timing of Q2 2025 Results

Source: GlobeNewswire (MIL-OSI)

CALGARY, Alberta, July 03, 2025 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update and plan to release its Q2 2025 financial and operating results on July 30, 2025.

Q2 2025 Production Update⁽¹⁾⁽²⁾

Estimated Q2 2025 average production was 42,550 boe/d.
June 2025 average production was approximately 43,950 boe/d; production growth was supported by previously disclosed positive exploration results and the successful startup of the first follow-up horizontal well at LLA-74 in the Southern Llanos.
In July 2025, the Company expects to ramp up production from its second follow-up horizontal well at LLA-74 and bring onstream the first well of the LLA-32 development campaign.

boe/d	For the three months ended June 30, 2025
Block LLA-34	21,500
Southern Llanos	13,800
Northern Llanos	4,000
Magdalena Basin	2,250
Natural Gas Production	1,000
Average Production	42,550

Monthly Production Breakdown⁽¹⁾⁽²⁾

boe/d	April 2025	May 2025	June 2025
Average Production	41,350	42,300	43,950

^{(1) See “Product Type Disclosure.”}
^{(2) Average production numbers are preliminary, subject to final reconciliation, and rounded for presentation purposes.}

Q2 2025 Conference Call & Webcast

Parex will host a conference call and webcast to discuss its Q2 2025 results on Wednesday, July 30, 2025, beginning at 9:30 am MT (11:30 am ET). To participate in the conference call or webcast, please see the access information below:

Conference ID:
Participant Toll-Free Dial-In Number:
Participant Dial-In Number:
Webcast:

5403995
1-646-307-1963
1-647-932-3411
https://events.q4inc.com/attendee/228530270

About Parex Resources Inc.

Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The Company’s corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.

For more information, please contact:

Mike Kruchten
Senior Vice President, Capital Markets & Corporate Planning
Parex Resources Inc.
403-517-1733
investor.relations@parexresources.com

Steven Eirich
Senior Investor Relations & Communications Advisor
Parex Resources Inc.
587-293-3286
investor.relations@parexresources.com

NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES

Product Type Disclosure

Product Type	April 2025	May 2025	June 2025
Light & Medium Crude Oil (bbl/d)	10,803	10,193	10,976
Heavy Crude Oil (bbl/d)	29,761	31,089	31,811
Conventional Natural Gas (mcf/d)	4,721	6,115	6,978
Oil Equivalent (boe/d)	41,350⁽¹⁾	42,300⁽¹⁾	43,950⁽¹⁾

Product Type	For the three months ended June 30, 2025
Light & Medium Crude Oil (bbl/d)	10,662
Heavy Crude Oil (bbl/d)	30,899
Conventional Natural Gas (mcf/d)	5,941
Oil Equivalent (boe/d)	42,550⁽¹⁾

^{(1) Average production numbers are preliminary, subject to final reconciliation, and rounded for presentation purposes.}

Oil & Gas Matters Advisory

The term “Boe” means a barrel of oil equivalent on the basis of 6 thousand cubic feet (“mcf”) of natural gas to 1 barrel (“bbl”). Boe may be misleading, particularly if used in isolation. A boe conversion ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6 mcf: 1 bbl, utilizing a conversion ratio at 6 mcf: 1 bbl may be misleading as an indication of value.

Abbreviations

The following abbreviations used in this press release have the meanings set forth below:

bbl/d	barrels per day
boe/d	barrels of oil equivalent of natural gas per day
mcf/d	thousand cubic feet per day

PDF available: http://ml.globenewswire.com/Resource/Download/5c0587f6-47f0-4420-bfc6-31a2e9c7cdf2

MIL-OSI: Netcapital Announces Up To $9.9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

Source: GlobeNewswire (MIL-OSI)

$5 million upfront with up to an additional $4.9 million of potential aggregate gross proceeds upon the exercise in full of short-term warrants

Boston, July 03, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NPCLW), a digital private capital markets ecosystem, today announced that it has entered into definitive agreements for the purchase and sale of 714,286 shares of common stock at a purchase price of $7.00 per share in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company will issue unregistered short-term warrants to purchase up to 714,286 shares of common stock at an exercise price of $6.88 per share that will be immediately exercisable upon issuance and will expire twenty-four months following the effective date of the registration statement covering the resale of the shares of common stock issuable upon exercise of the unregistered short-term warrants. The closing of the offering is expected to occur on or about July 7, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

The gross proceeds to the Company from the offering are expected to be approximately $5 million, before deducting placement agent fees and other offering expenses payable by the Company. The potential additional gross proceeds to the Company from the unregistered short-term warrants, if fully-exercised on a cash basis, will be approximately $4.9 million. No assurance can be given that any of such unregistered short-term warrants will be exercised. The Company intends to use the net proceeds from the offering for the repayment of certain outstanding promissory notes and for general working capital purposes.

The common stock (but not the unregistered short-term warrants and the shares of common stock underlying the unregistered short-term warrants) described above are being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-267921) that was declared effective by the Securities and Exchange Commission (the “SEC”) on October 26, 2022. The offering of the shares of common stock is being made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and accompanying prospectus relating to the registered direct offering will be filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, New York 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

The unregistered short-term warrants described above are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder and, along with the shares of common stock underlying such unregistered short-term warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the unregistered short-term warrants and underlying shares of common stock may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

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

About Netcapital Inc.

Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal Inc. is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

Forward Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events, including, but not limited to, statements relating to closing of the offering and satisfaction of closing conditions of the offering, the expected gross proceeds from the offering, the exercise of the unregistered short-term warrants prior to their expiration and statements regarding the anticipated use of proceeds from the offering, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Investor Contact

800-460-0815
ir@netcapital.com

MIL-OSI: Locafy Receives Nasdaq Notification Regarding Delayed Filing of Interim Financials

Source: GlobeNewswire (MIL-OSI)

PERTH, Australia, July 03, 2025 (GLOBE NEWSWIRE) — Locafy Limited (NASDAQ: LCFY, “Locafy” or the “Company”), a globally recognized leader in location-based digital marketing, today announced that on July 1, 2025, it received a notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(2) (the “Rule”), as the Company has not yet filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter ended December 31, 2024 (the “Filing”).

The Nasdaq notice has no immediate effect on the listing or trading of the Company’s securities. Under Nasdaq’s listing rules, the Company has 60 calendar days, or until September 1, 2025, to submit a plan to regain compliance. If Nasdaq accepts the Company’s plan, it may grant an extension of up to 180 calendar days from the Filing’s original due date, or until December 29, 2025, for the Company to regain compliance.

Locafy is working diligently to complete the required filing and intends to submit a compliance plan within the required timeframe. There can be no assurance that the Company’s plan will be accepted or the Company will be able to regain compliance with the Rule.

About Locafy
Locafy (Nasdaq: LCFY, LCFYW) is a globally recognized software-as-a-service (SaaS) technology company specializing in local search engine marketing. Founded in 2009, Locafy’s mission is to revolutionize the US$700 billion SEO sector. The Company helps businesses and brands improve search engine relevance and visibility in proximity-based search through a fast, easy, and automated platform. For more information, please visit www.locafy.com.

Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “subject to”, “believe,” “anticipate,” “plan,” “expect,” “intend,” “estimate,” “project,” “may,” “will,” “should,” “would,” “could,” “can,” the negatives thereof, variations thereon and similar expressions, or by discussions of strategy, although not all forward-looking statements contain these words and include, but are not limited to, the Company’s ability to regain and maintain compliance with the Nasdaq Capital Market’s continued listing requirements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 20-F, filed with the SEC on November 12, 2024, as amended, and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements

Investor Relations Contact:
Matt Glover
Gateway Group, Inc.
(949) 574-3860
LCFY@gateway-grp.com

MIL-OSI: Skycorp Solar Group Announces Board Authorization for Solar Photovoltaic Power Plant Acquisitions and Development

Source: GlobeNewswire (MIL-OSI)

Ningbo, China, July 03, 2025 (GLOBE NEWSWIRE) — Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced that its Board of Directors has unanimously passed a resolution authorizing the Company to pursue solar photovoltaic (“PV”) power plant acquisitions and development projects under a $150 million investment framework. This decision marks a pivotal step in the Company’s strategic expansion into renewable energy infrastructure, reinforcing its commitment to driving the global transition to clean energy.

The Company advises that acquiring and developing PV power plants involves inherent complexities that can extend execution timelines and introduce uncertainties regarding completion. Factors such as due diligence findings, regulatory approvals, and the progress of negotiations may delay or even terminate the transaction, potentially impacting its completion.

Guidelines for PV Power Plant Initiatives

The Company will conduct comprehensive due diligence on potential power plant targets, prioritizing verification of legal ownership, regulatory compliance, and asset quality to mitigate transactional risks.

All capital expenditure and fund allocations by the Company will be conducted in a cautious, incremental manner, ensuring alignment with its overall strategic priorities and financial capabilities. “The Board’s authorization reflects our confidence in solar PV infrastructure as a cornerstone of the global energy transition,” said Weiqi Huang, CEO of Skycorp Solar Group. “By combining technological expertise with disciplined financial oversight, we are looking forward to successful acquisitions in the future, which will enable us to capitalize on emerging market opportunities while delivering sustainable value for stakeholders. Meanwhile, this initiative underscores our commitment to expand from component manufacturing to full-scale renewable energy solutions.”

About Skycorp Solar Group Limited

Skycorp Solar Group Limited is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. Our operations are managed through our subsidiaries, including Ningbo Skycorp Solar Co., Ltd., in China.

The Company’s mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products. By leveraging the Company’s expertise in solar technologies and relationships with worldwide clients, it aims to expand offerings of solar PV products and energy solutions for enterprise customers. For more information, please visit: https://ir.skycorp.com/.

Forward-Looking Statement

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Skycorp Solar Group Limited
Cathy Li
Investor Relations
Email: ir@skycorp.com
Tel: +86 185 0252 9641 (CN)

WFS Investor Relations Inc.
Connie Kang
Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)

MIL-OSI: Quadient recognized for the quality of its financial communication at the 2025 Transparency Awards

Source: GlobeNewswire (MIL-OSI)

Quadient recognized for the quality of its financial communication at the 2025 Transparency Awards

Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, was honored at the 16th edition of the Transparency Awards, receiving the Transparency Prize in the “Outside SBF 120” category.

Organized by Labrador, a leading authority in regulated information, the Transparency Awards are based on a thorough analysis of three public sources: the Universal Registration Document, the Annual General Meeting notice brochure, and the corporate website. For this 16th edition, 135 listed French companies were evaluated between March 31 and June 5, 2025, using a grid of 360 objective criteria structured around five core pillars of transparency: accessibility, accuracy, comparability, availability, and clarity.

This distinction highlights the Group’s ongoing commitment to rigorous, transparent, and intelligible communication with all its shareholders and stakeholders.

“Transparency is at the heart of the trust we build every day with our stakeholders. This award acknowledges our commitment to delivering clear, sincere, and comprehensive information. By upholding this standard, we strengthen, over time, the quality of our dialogue with investors, clients, and our broader ecosystem,” said Laurent du Passage, Chief Financial Officer of Quadient.

***

About Quadient®
Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing.

For more information about Quadient, visit https://invest.quadient.com/.

Contacts

Attachment

PR Labrador Transparency Award EN

MIL-OSI: Form 8.3 – Qualcomm Incorporated

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Sculptor Capital LP and Sculptor Capital Management Europe Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Qualcomm Incorporated
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	02 July 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	Yes, Alphawave IP Group plc

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p ordinary (US7475251036)
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:			3,000	0.00
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:			3,000	0.00

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

1p ordinary (US7475251036)

Sale

3,000

USD161.59

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing
e.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

MIL-OSI: Form 8.3 – Qualcomm Incorporated

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Sculptor Capital LP and Sculptor Capital Management Europe Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Qualcomm Incorporated
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	02 July 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	Yes, Alphawave IP Group plc

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p ordinary (US7475251036)
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:			3,000	0.00
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:			3,000	0.00

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

1p ordinary (US7475251036)

Sale

3,000

USD161.59

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing
e.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

Source: Reserve Bank of India

The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

The bank had failed to:

carry out periodic review of risk categorisation of certain accounts at least once in six months;
provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and
implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2025-2026/646

MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

Source: Reserve Bank of India

The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

The bank had failed to:

carry out periodic review of risk categorisation of certain accounts at least once in six months;
provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and
implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2025-2026/646

MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

Source: Reserve Bank of India

The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

The bank had failed to:

carry out periodic review of risk categorisation of certain accounts at least once in six months;
provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and
implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2025-2026/646

MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

Source: Reserve Bank of India

The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

The bank had failed to:

carry out periodic review of risk categorisation of certain accounts at least once in six months;
provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and
implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2025-2026/646

MIL-OSI Economics: RBI imposes monetary penalty on District Central Co-operative Bank Ltd., Durg, Chhattisgarh

Source: Reserve Bank of India

The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on District Central Co-operative Bank Ltd., Durg, Chhattisgarh (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The statutory inspection of the bank was conducted by the National Bank for Agriculture and Rural Development (NABARD), with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

The bank:

i) (a) did not upload the KYC records of certain customers onto Central KYC Records Registry (CKYCR) within the prescribed timeline,

(b) did not carry out periodic updation of KYC of certain customers as per the prescribed periodicity; and

ii) allotted multiple customer identification codes to certain individual customers, instead of a Unique Customer Identification Code (UCIC) for each individual customer.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2025-2026/647