Category: Economy

  • MIL-OSI: Univest Securities, LLC Announces Closing of $1.2 Million Registered Direct Offering for its Client Houston American Energy Corp. (NYSE American: HUSA)

    Source: GlobeNewswire (MIL-OSI)

    New York, June 25, 2025 (GLOBE NEWSWIRE) — Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the “Offering”), for its client Houston American Energy Corp. (NYSE American: HUSA) (the “Company”), an independent oil and gas company.

    Under the terms of the securities purchase agreement, the Company has agreed to sell to an institutional investor (the “SPA”) for the purchase and sale of an aggregate of 81,629 shares of common stock at a purchase price of $14.80 per share in a registered direct offering.

    The aggregate gross proceeds to the Company of this offering were approximately $1.2 million, before deducting the placement agent’s fees and other offering expenses payable by the Company. The Company currently intends to use the net proceeds of approximately $1 million from the offering for general corporate purposes.

    Univest Securities, LLC acted as the sole placement agent.

    The registered direct offering was made pursuant to a shelf registration statement on Form S-3 (File No. 333-282778) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on November 4, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering were filed with the SEC and are available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, by contacting Univest Securities, LLC at info@univest.us, or by calling +1 (212) 343-8888.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC’s website at www.sec.gov.

    About Univest Securities, LLC

    Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally including brokerage and execution services, sales and trading, market making, investment banking and advisory, wealth management. It strives to provide clients with value-add service and focuses on building long-term relationship with its clients. For more information, please visit: www.univest.us.

    About Houston American Energy Corp.

    Houston American Energy Corp., an independent oil and gas company, engages in the acquisition, exploration, exploitation, development, and production of natural gas, crude oil, and condensate. Its principal properties are located primarily in the Texas Permian Basin, the South American country of Colombia, and the onshore Louisiana Gulf Coast region. The company is based in Houston, Texas.

    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 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, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other 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. Univest Securities LLC and 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:
    Univest Securities, LLC
    Edric Guo
    Chief Executive Officer
    75 Rockefeller Plaza, Suite 18C
    New York, NY 10019
    Phone: (212) 343-8888
    Email: info@univest.us

    The MIL Network

  • MIL-OSI: Apollo Names Celia Yan as Head of Hybrid for Asia Pacific

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, June 26, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Celia Yan has joined the firm as a Partner and Head of Hybrid for Asia Pacific. Based in Hong Kong, Yan will lead the expansion of Apollo’s hybrid platform across the region, building on the firm’s momentum in delivering flexible, tailored capital solutions across private markets.

    Apollo’s hybrid business focuses on delivering creative, partnership-driven solutions that sit between traditional debt and equity. We provide solutions that help companies fund growth initiatives, generate liquidity and deleverage balance sheets, among other bespoke applications. In this newly created role, Yan will drive origination, execution and growth for Apollo’s hybrid strategies in Asia Pacific.

    Yan brings over 20 years of industry experience and extensive private investment expertise across Asia Pacific, most recently serving as Head of APAC Private Credit at BlackRock. Previously, she held senior investment roles at ADM Capital, National Australia Bank and Equity Trustees Limited (EQT).

    “Celia’s experience across private markets investing, managing cross-border teams and growing business verticals makes her a key addition as we grow our hybrid business in Asia Pacific,” said Matthew Michelini, Partner and Head of Asia Pacific at Apollo. “As companies and investors increasingly seek structured and creative solutions, Celia will help us deliver for clients across the region.”

    Chris Lahoud, Partner at Apollo, said: “As capital markets evolve, we see an attractive opportunity for hybrid growth in the region, providing partnership-oriented, flexible capital to companies and projects.”

    “Apollo’s integrated platform and global reach, paired with a strong local presence, position the firm to deliver hybrid capital at scale,” said Celia Yan. “Across Asia Pacific, businesses and sponsors are looking for non-dilutive, customized solutions that can address real market inefficiencies—and hybrid is increasingly the answer. I’m excited to join the team and help accelerate this strategy across the region.”

    Yan holds a Bachelor of Commerce from the University of Melbourne and a Master’s in Applied Econometrics from Monash University.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    Apollo Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network

  • MIL-OSI: Apollo Names Celia Yan as Head of Hybrid for Asia Pacific

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, June 26, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Celia Yan has joined the firm as a Partner and Head of Hybrid for Asia Pacific. Based in Hong Kong, Yan will lead the expansion of Apollo’s hybrid platform across the region, building on the firm’s momentum in delivering flexible, tailored capital solutions across private markets.

    Apollo’s hybrid business focuses on delivering creative, partnership-driven solutions that sit between traditional debt and equity. We provide solutions that help companies fund growth initiatives, generate liquidity and deleverage balance sheets, among other bespoke applications. In this newly created role, Yan will drive origination, execution and growth for Apollo’s hybrid strategies in Asia Pacific.

    Yan brings over 20 years of industry experience and extensive private investment expertise across Asia Pacific, most recently serving as Head of APAC Private Credit at BlackRock. Previously, she held senior investment roles at ADM Capital, National Australia Bank and Equity Trustees Limited (EQT).

    “Celia’s experience across private markets investing, managing cross-border teams and growing business verticals makes her a key addition as we grow our hybrid business in Asia Pacific,” said Matthew Michelini, Partner and Head of Asia Pacific at Apollo. “As companies and investors increasingly seek structured and creative solutions, Celia will help us deliver for clients across the region.”

    Chris Lahoud, Partner at Apollo, said: “As capital markets evolve, we see an attractive opportunity for hybrid growth in the region, providing partnership-oriented, flexible capital to companies and projects.”

    “Apollo’s integrated platform and global reach, paired with a strong local presence, position the firm to deliver hybrid capital at scale,” said Celia Yan. “Across Asia Pacific, businesses and sponsors are looking for non-dilutive, customized solutions that can address real market inefficiencies—and hybrid is increasingly the answer. I’m excited to join the team and help accelerate this strategy across the region.”

    Yan holds a Bachelor of Commerce from the University of Melbourne and a Master’s in Applied Econometrics from Monash University.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    Apollo Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network

  • MIL-OSI: Sunrun Dispatches More Than 340 Megawatts of Power in Single Evening to Support the Grid from Coast to Coast

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 25, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN) announced today that its fleet of home batteries enrolled in distributed power plants dispatched more than 340 megawatts of peak power on the evening of June 24 to support power grids in California, New York, Massachusetts, Rhode Island, and Puerto Rico. These dispatch events come as grid operators scramble to prevent rotating blackouts amid a triple-digit heat wave sweeping the East Coast.

    The prolonged heat has caused congestion and overheating of transmission lines, leading to sharp increases in wholesale electricity prices. As soaring temperatures reduced the efficiency of traditional power plants, utilities struggled to meet skyrocketing demand for electricity.

    “This summer is proving challenging for grid operators, as extreme heat and rising demand again push our aging infrastructure to its limits,” said Sunrun CEO Mary Powell. “Home storage paired with solar is a reliable and controllable resource that can provide on-demand power to the grid to prevent blackouts and reduce energy prices for all households. We must fully embrace these technologies if we’re to achieve energy security for America.”

    On Tuesday evening, Sunrun answered urgent requests for emergency power by dispatching stored energy in home batteries to the grid during sweltering heat along the East Coast. The influx of power from thousands of Sunrun batteries helped fill the gap of energy reserves while reducing the need for expensive and polluting peaker power plants.

    In New York, Sunrun completed its fourth dispatch event within the last week, helping relieve stress on congested circuits identified by the utility partner. Three more power-sharing events in New York are scheduled for the coming week. In Puerto Rico, Sunrun activated more than 5,600 batteries in less than one hour to assist the island’s utility provider during power generation shortfalls.

    In California, Sunrun’s fleet of home batteries enrolled in a statewide distributed power plant dispatched 325 megawatts of peak power. The dispatched batteries acted in the same way as a traditional power plant and decisively knocked down the state’s evening peak demand for electricity from 7 p.m. to 9 p.m.—when families typically increase the use of appliances and air conditioning and after solar has stopped generating electricity.

    “Our distributed power plants are ready to help drive a more resilient and less expensive grid,” said Chris Rauscher, Vice President of Grid Services at Sunrun. “We are doing this at scale and creating real value right now. With an aging grid and demand growth occurring, it is clear that the need for this capacity will only grow exponentially.”

    With nearly a gigawatt of total battery capacity installed—the equivalent of a nuclear power plant’s worth of peak power—Sunrun is the largest distributed battery power plant provider and operator in the world. Unlike traditional power plants, Sunrun can deploy battery capacity that is equivalent to a utility scale battery or even a peaker power plant within months—an unrivaled speed. Sunrun’s subscription model is key to its ability to aggregate, manage, and dispatch hundreds of thousands of home batteries to improve grid reliability.

    About Sunrun
    Sunrun Inc. (Nasdaq: RUN) revolutionized the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy. Today, Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs. Sunrun’s innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Sunrun also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value. Discover more at www.sunrun.com

    Media Contact
    Wyatt Semanek
    Director, Corporate Communications
    press@sunrun.com

    Investor & Analyst Contact
    Patrick Jobin
    SVP, Deputy CFO & Investor Relations Officer
    investors@sunrun.com

    The MIL Network

  • MIL-OSI: AGF Investments Announces Risk Rating Change

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF Investments) today announced a risk rating change for the following fund effective today.

    Fund Name Previous Risk Rating Revised Risk Rating
    AGF North American Small-Mid Cap Fund Medium Medium-High
         

    The changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. No material changes have been made to the investment objective, strategy or management of the fund.

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $53 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    About AGF Investments

    AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. The subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF Investments LLC (AGFUS) and AGF International Advisors Company Limited (AGFIA). The term AGF Investments may refer to one or more of these subsidiaries or to all of them jointly. This term is used for convenience and does not precisely describe any of the separate companies, each of which manages its own affairs.

    AGF Investments entities only provide investment advisory services or offers investment funds in the jurisdiction where such firm and/or product is registered or authorized to provide such services.

    AGF Investments Inc. is a wholly-owned subsidiary of AGF Management Limited and conducts the management and advisory of mutual funds in Canada.

    This information is not intended to provide legal, accounting, tax, investment, financial, or other advice, and should not be relied upon for providing such advice. Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.

    Media Contact

    Amanda Marchment
    Director, Corporate Communications
    416-865-4160
    amanda.marchment@agf.com  

    The MIL Network

  • MIL-OSI: AGF Investments Announces Risk Rating Change

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF Investments) today announced a risk rating change for the following fund effective today.

    Fund Name Previous Risk Rating Revised Risk Rating
    AGF North American Small-Mid Cap Fund Medium Medium-High
         

    The changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. No material changes have been made to the investment objective, strategy or management of the fund.

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $53 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    About AGF Investments

    AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. The subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF Investments LLC (AGFUS) and AGF International Advisors Company Limited (AGFIA). The term AGF Investments may refer to one or more of these subsidiaries or to all of them jointly. This term is used for convenience and does not precisely describe any of the separate companies, each of which manages its own affairs.

    AGF Investments entities only provide investment advisory services or offers investment funds in the jurisdiction where such firm and/or product is registered or authorized to provide such services.

    AGF Investments Inc. is a wholly-owned subsidiary of AGF Management Limited and conducts the management and advisory of mutual funds in Canada.

    This information is not intended to provide legal, accounting, tax, investment, financial, or other advice, and should not be relied upon for providing such advice. Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.

    Media Contact

    Amanda Marchment
    Director, Corporate Communications
    416-865-4160
    amanda.marchment@agf.com  

    The MIL Network

  • MIL-OSI: CVB Financial Corp. Announces 143rd Consecutive Quarterly Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    Ontario, CA, June 25, 2025 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2025. This dividend was approved at the Company’s regularly scheduled Board of Directors meeting held on June 25, 2025. The quarterly dividend will be payable on or about July 24, 2025 to shareholders of record as of July 10, 2025.

    “We are pleased to announce our 143rd consecutive quarterly cash dividend paid to our shareholders,” said David A. Brager, President and Chief Executive Officer.

    Corporate Overview
    CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with greater than $15 billion in total assets. Citizens Business Bank is consistently recognized as one of the top performing banks in the nation and offers a wide array of banking, lending and investing services with more than 60 banking centers and three trust office locations serving California.

    Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”. For investor information on CVBF, visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab.

    Safe Harbor
    Certain matters set forth herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including forward-looking statements relating to the Company’s current business plans and expectations, growth projections, and our future financial position and operating results. Words such as “will likely result, “aims”, “anticipates”, “believes”, “could”, “estimates”, “expects”, “hopes”, “intends”, “may”, “plans”, “projects”, “seeks”, “should”, “will” and variations of these words and similar expressions help to identify these forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance and/or achievements to differ materially from those projected. These risks and uncertainties include, but are not limited to, all the risk factors set forth in the Company’s public reports, including its Annual Report on Form 10-K for the year ended December 31, 2024, and particularly the discussion of risk factors within that document. The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements except as required by law.

    Contact: David A. Brager
    President and Chief Executive Officer
    (909) 980-4030

    The MIL Network

  • MIL-OSI: CVB Financial Corp. Announces 143rd Consecutive Quarterly Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    Ontario, CA, June 25, 2025 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2025. This dividend was approved at the Company’s regularly scheduled Board of Directors meeting held on June 25, 2025. The quarterly dividend will be payable on or about July 24, 2025 to shareholders of record as of July 10, 2025.

    “We are pleased to announce our 143rd consecutive quarterly cash dividend paid to our shareholders,” said David A. Brager, President and Chief Executive Officer.

    Corporate Overview
    CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with greater than $15 billion in total assets. Citizens Business Bank is consistently recognized as one of the top performing banks in the nation and offers a wide array of banking, lending and investing services with more than 60 banking centers and three trust office locations serving California.

    Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”. For investor information on CVBF, visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab.

    Safe Harbor
    Certain matters set forth herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including forward-looking statements relating to the Company’s current business plans and expectations, growth projections, and our future financial position and operating results. Words such as “will likely result, “aims”, “anticipates”, “believes”, “could”, “estimates”, “expects”, “hopes”, “intends”, “may”, “plans”, “projects”, “seeks”, “should”, “will” and variations of these words and similar expressions help to identify these forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance and/or achievements to differ materially from those projected. These risks and uncertainties include, but are not limited to, all the risk factors set forth in the Company’s public reports, including its Annual Report on Form 10-K for the year ended December 31, 2024, and particularly the discussion of risk factors within that document. The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements except as required by law.

    Contact: David A. Brager
    President and Chief Executive Officer
    (909) 980-4030

    The MIL Network

  • MIL-OSI USA: Congressman Nick Langworthy Announces FAA Grants for Cattaraugus County Olean Airport

    Source: US Congressman Nick Langworthy (NY-23)

    WASHINGTON, D.C. – Today, Congressman Nick Langworthy (NY-23) announced the Federal Aviation Administration has awarded $313,813 to the Olean Airport for phase 2 of their rehabilitation project which consists of rehabilitating a parking lot and construction of a new lighting system. The FAA also awarded a second grant of $87,400 for improving an existing terminal.

     

    “Investing in our local airports is essential to strengthening our regional infrastructure and economy,”said Congressman Langworthy.“I’m proud to support these FAA grants, which will help the Olean Airport make needed upgrades that improve safety, access, and future growth opportunities for our communities.”

     

    ###

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Virgin Islands Private Nonprofits Affected by Tropical Storm Ernesto

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding eligible private nonprofit (PNP) organizations in the Virgin Islands of the July 25 deadline to apply for low interest federal disaster loans to offset economic losses caused by Tropical Storm Ernesto occurring Aug. 13-16, 2024.

    The disaster declaration covers the areas of Saint Croix, Saint John, Saint Thomas and Water Island.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to PNPs providing non-critical services of a governmental nature with financial losses directly related to the disaster. Example of eligible non-critical PNPs include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.

    EIDLs are available for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    The loan amount can be up to $2 million with interest rates as low as 3.25% and terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return economic injury applications is July 25, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Virgin Islands Private Nonprofits Affected by Tropical Storm Ernesto

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding eligible private nonprofit (PNP) organizations in the Virgin Islands of the July 25 deadline to apply for low interest federal disaster loans to offset economic losses caused by Tropical Storm Ernesto occurring Aug. 13-16, 2024.

    The disaster declaration covers the areas of Saint Croix, Saint John, Saint Thomas and Water Island.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to PNPs providing non-critical services of a governmental nature with financial losses directly related to the disaster. Example of eligible non-critical PNPs include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.

    EIDLs are available for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    The loan amount can be up to $2 million with interest rates as low as 3.25% and terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return economic injury applications is July 25, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Offers Relief to Tennessee Private Nonprofits Affected by April Storms and Tornadoes

    Source: United States Small Business Administration

    ATLANTA – In response to a Presidential disaster declaration for public assistance issued June 19, 2025, the U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans for certain private nonprofit (PNP) organizations in Tennessee affected by severe storms, straight line winds, tornadoes and flooding occurring April 2–24, 2025.

    The disaster declaration covers the counties of Cheatham, Davidson, Decatur, Dyer, Fayette, Gibson, Grundy, Hardeman, Hardin, Haywood, Henry, Hickman, Lauderdale, Madison, McNairy, Obion, Perry, Steward, and Tipton.  

    Under this declaration, PNPs providing non-critical services of a governmental nature are eligible to apply for both business physical disaster loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

    PNPs may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

    EIDLs are available for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible PNPs cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help PNPs get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    Interest rates are as low as 3.625%, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The filing deadline to return applications for physical property damage is Aug. 19, 2025. The deadline to return economic injury applications is March 19, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Offers Relief to Tennessee Private Nonprofits Affected by April Storms and Tornadoes

    Source: United States Small Business Administration

    ATLANTA – In response to a Presidential disaster declaration for public assistance issued June 19, 2025, the U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans for certain private nonprofit (PNP) organizations in Tennessee affected by severe storms, straight line winds, tornadoes and flooding occurring April 2–24, 2025.

    The disaster declaration covers the counties of Cheatham, Davidson, Decatur, Dyer, Fayette, Gibson, Grundy, Hardeman, Hardin, Haywood, Henry, Hickman, Lauderdale, Madison, McNairy, Obion, Perry, Steward, and Tipton.  

    Under this declaration, PNPs providing non-critical services of a governmental nature are eligible to apply for both business physical disaster loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

    PNPs may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

    EIDLs are available for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible PNPs cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help PNPs get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    Interest rates are as low as 3.625%, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The filing deadline to return applications for physical property damage is Aug. 19, 2025. The deadline to return economic injury applications is March 19, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Pennsylvania Small Businesses and Private Nonprofits Affected by Drought

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in Pennsylvania of the July 25 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought occurring on Nov. 19, 2024.

    The disaster declaration covers the Pennsylvania counties of Chester, Delaware, Montgomery and Philadelphia and the Delaware county of New Castle as well as the New Jersey county of Gloucester.

    Under this declaration SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries and PNPs with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.62% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return economic injury applications is July 25, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Pennsylvania Small Businesses and Private Nonprofits Affected by Drought

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in Pennsylvania of the July 25 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought occurring on Nov. 19, 2024.

    The disaster declaration covers the Pennsylvania counties of Chester, Delaware, Montgomery and Philadelphia and the Delaware county of New Castle as well as the New Jersey county of Gloucester.

    Under this declaration SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries and PNPs with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.62% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return economic injury applications is July 25, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Maryland Small Businesses and Private Nonprofits Affected by Drought

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in Maryland of the July 25 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought occurring Nov. 19.

    The disaster declaration covers the Maryland counties of Anne Arundel, Caroline, Kent, Queen Anne’s and Talbot as well as Kent County in Delaware.

    Under this declaration SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries and PNPs with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.65% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return economic injury applications is July 25, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Maryland Small Businesses and Private Nonprofits Affected by Drought

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in Maryland of the July 25 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought occurring Nov. 19.

    The disaster declaration covers the Maryland counties of Anne Arundel, Caroline, Kent, Queen Anne’s and Talbot as well as Kent County in Delaware.

    Under this declaration SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries and PNPs with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.65% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return economic injury applications is July 25, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Relief Still Available to Connecticut Private Nonprofits Affected by August Severe Storms

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small private nonprofit (PNP) organizations in Connecticut of the July 25 deadline to apply for low interest federal disaster loans to offset economic losses caused by severe storm, flooding, landslides, and mudslides occurring on Aug. 18 – Aug. 19, 2024.

    The disaster declaration covers the counties in Fairfield, Litchfield and New Haven.  

    Under this declaration, PNPs providing non-critical services of a governmental nature are eligible to apply for both business physical disaster loans and Economic Injury Disaster Loan (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

    PNPs may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

    EIDLs are available for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    Interest rates are as low as 3.25%, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return economic injury applications is July 25, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI: DRML Miner Unveils New Cloud Mining Platform with Instant Rewards and Eco-Friendly Operations

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 25, 2025 (GLOBE NEWSWIRE) — As interest in cryptocurrency surges following the recent Bitcoin halving, DRML Miner has launched a next-generation cloud mining platform designed to make crypto earnings accessible, automated, and environmentally responsible. With an instant $10 bonus for new users and daily crypto payouts, the service offers a fresh, simplified entry point into digital mining, without the technical or financial burden of traditional setups.

    Crypto Mining Reimagined for 2025

    DRML Miner’s platform removes the barriers that have long limited access to crypto mining. There’s no hardware to purchase, no complex configurations, and no ongoing maintenance. Users simply register, select a plan, and begin receiving automated daily earnings from their cloud-based mining operations.

    “Our mission is to democratize mining,” said a DRML spokesperson. “With our platform, anyone—from beginners to crypto veterans—can earn without lifting a finger.”

    Powered by Renewable Energy, Built for Scale

    One of DRML Miner’s standout features is its eco-friendly global infrastructure. Through partnerships with renewable energy farms on nearly every continent, the platform delivers high-efficiency mining with a minimal carbon footprint. This model reduces operational costs and supports sustainable long-term returns for users.

    With a presence in over 180 countries and a rapidly growing user base exceeding 8 million accounts, DRML Miner is proving that green energy and high-yield mining can coexist on a global scale.

    $10 Bonus Makes It Easy to Start

    To mark its official launch, DRML Miner is offering a $10 credit to all new users, credited instantly upon signup. This bonus can be applied directly to any mining plan, allowing users to begin earning right away without any upfront payment.

    Plans start as low as $0.60 per day, giving users the flexibility to start small and scale up over time. Daily rewards are automatically deposited, and users can choose to reinvest profits or withdraw funds anytime.

    Built-In Referral Program Adds Passive Income Stream

    DRML Miner includes a robust referral program with no earning limits. Users earn commissions when friends join using their unique link and stay active. Top-performing affiliates have earned as much as $30,000, making referrals a powerful addition to mining income.

    Mining More Than Just Bitcoin

    While Bitcoin remains the platform’s foundation, DRML Miner also supports mining for other leading cryptocurrencies, including Ethereum (ETH), Dogecoin (DOGE), XRP, Solana (SOL), and USDT. Rewards are paid daily in BTC or stablecoins like USDC, depending on user preferences.

    Security, Transparency, and 24/7 Support

    User trust is backed by enterprise-grade security through McAfee® and Cloudflare®, ensuring full encryption and server uptime. The platform also offers real-time dashboards, transparent earnings histories, and multilingual customer support available 24/7.

    A Timely Opportunity in a Changing Market

    With the most recent Bitcoin halving reducing new supply, miners are positioned to benefit from increased demand and scarcity. DRML Miner offers a fast, accessible way to tap into that opportunity, without the overhead of running physical hardware.

    About DRML Miner

    DRML Miner is a global cloud mining platform committed to making cryptocurrency mining accessible, secure, and environmentally sustainable. With a presence in over 180 countries and a user base exceeding 8 million, the company combines cutting-edge automation with renewable energy partnerships to deliver daily crypto earnings, without the complexity of traditional mining.

    Mine is smart. Earn daily. Grow your crypto future.

    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.

    Attachment

    The MIL Network

  • MIL-OSI: DRML Miner Unveils New Cloud Mining Platform with Instant Rewards and Eco-Friendly Operations

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 25, 2025 (GLOBE NEWSWIRE) — As interest in cryptocurrency surges following the recent Bitcoin halving, DRML Miner has launched a next-generation cloud mining platform designed to make crypto earnings accessible, automated, and environmentally responsible. With an instant $10 bonus for new users and daily crypto payouts, the service offers a fresh, simplified entry point into digital mining, without the technical or financial burden of traditional setups.

    Crypto Mining Reimagined for 2025

    DRML Miner’s platform removes the barriers that have long limited access to crypto mining. There’s no hardware to purchase, no complex configurations, and no ongoing maintenance. Users simply register, select a plan, and begin receiving automated daily earnings from their cloud-based mining operations.

    “Our mission is to democratize mining,” said a DRML spokesperson. “With our platform, anyone—from beginners to crypto veterans—can earn without lifting a finger.”

    Powered by Renewable Energy, Built for Scale

    One of DRML Miner’s standout features is its eco-friendly global infrastructure. Through partnerships with renewable energy farms on nearly every continent, the platform delivers high-efficiency mining with a minimal carbon footprint. This model reduces operational costs and supports sustainable long-term returns for users.

    With a presence in over 180 countries and a rapidly growing user base exceeding 8 million accounts, DRML Miner is proving that green energy and high-yield mining can coexist on a global scale.

    $10 Bonus Makes It Easy to Start

    To mark its official launch, DRML Miner is offering a $10 credit to all new users, credited instantly upon signup. This bonus can be applied directly to any mining plan, allowing users to begin earning right away without any upfront payment.

    Plans start as low as $0.60 per day, giving users the flexibility to start small and scale up over time. Daily rewards are automatically deposited, and users can choose to reinvest profits or withdraw funds anytime.

    Built-In Referral Program Adds Passive Income Stream

    DRML Miner includes a robust referral program with no earning limits. Users earn commissions when friends join using their unique link and stay active. Top-performing affiliates have earned as much as $30,000, making referrals a powerful addition to mining income.

    Mining More Than Just Bitcoin

    While Bitcoin remains the platform’s foundation, DRML Miner also supports mining for other leading cryptocurrencies, including Ethereum (ETH), Dogecoin (DOGE), XRP, Solana (SOL), and USDT. Rewards are paid daily in BTC or stablecoins like USDC, depending on user preferences.

    Security, Transparency, and 24/7 Support

    User trust is backed by enterprise-grade security through McAfee® and Cloudflare®, ensuring full encryption and server uptime. The platform also offers real-time dashboards, transparent earnings histories, and multilingual customer support available 24/7.

    A Timely Opportunity in a Changing Market

    With the most recent Bitcoin halving reducing new supply, miners are positioned to benefit from increased demand and scarcity. DRML Miner offers a fast, accessible way to tap into that opportunity, without the overhead of running physical hardware.

    About DRML Miner

    DRML Miner is a global cloud mining platform committed to making cryptocurrency mining accessible, secure, and environmentally sustainable. With a presence in over 180 countries and a user base exceeding 8 million, the company combines cutting-edge automation with renewable energy partnerships to deliver daily crypto earnings, without the complexity of traditional mining.

    Mine is smart. Earn daily. Grow your crypto future.

    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.

    Attachment

    The MIL Network

  • MIL-OSI: Compass Diversified Provides an Update on its Financial Statements Amid the Ongoing Investigation into Lugano Holding, Inc.

    Source: GlobeNewswire (MIL-OSI)

    WESTPORT, Conn., June 25, 2025 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI”) today disclosed non-reliance on its financial statements for fiscal years 2022 and 2023 amid an ongoing investigation into its subsidiary Lugano Holding, Inc. (“Lugano”). This follows CODI’s May 7 disclosure concerning non-reliance on its 2024 financial statements. As previously disclosed, the investigation has preliminarily identified irregularities in Lugano’s financing, accounting, and inventory practices.

    CODI is focused on completing the investigation, which is progressing in line with expectations, and actively working to finalize the necessary financial restatements. Importantly, the investigation is focused on Lugano and does not involve any of CODI’s other subsidiaries.

    “We remain confident in the performance and integrity of CODI’s eight other subsidiary companies, all of which continue to operate normally, have strong balance sheets, and collectively generate substantial cash flow,” said Elias Sabo, CEO of CODI. “We have ample liquidity and significant access to capital via our revolving credit facility. We continue to work constructively with our banking partners and bondholders to ensure flexibility and stability as we move forward. Our primary focus remains on maximizing long-term value for all stakeholders.”

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including without limitation, CODI’s expectations as to the timing and outcome of the Lugano investigation, CODI’s credit availability and future liquidity, actions taken in response to the outcome of the investigation, the future performance of Lugano and CODI’s other subsidiaries, the filing or delay of CODI’s periodic reports, and the amount of any potential misstatements associated with Lugano and the impact any such misstatements may have on CODI’s previously issued financial statements or results of operations. Such forward looking statements may be identified by, among other things, the use of forward-looking terminology such as “believe,” “expect,” “may,” “could,” “would,” “plan,” “intend,” “estimate,” “predict,” “potential,” “continue,” “should” or “anticipate” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. These statements are based on beliefs and assumptions by the Board of Directors and management, and on information currently available to CODI’s Board of Directors and management. These statements involve risk and uncertainties that could cause CODI’s actual results and outcomes to differ, perhaps materially, including but not limited to: the discovery of additional information relevant to the investigation; the conclusions (and timing of those conclusions) concerning matters relating to the investigation; the timing of the review by, and the conclusions of, Grant Thornton regarding the investigation and CODI’s financial statements; a further material delay in CODI’s financial reporting or ability to hold an annual meeting of stockholders; the impacts of restatement reviews; the likelihood that the control deficiencies identified or that may be identified in the future will result in material weaknesses in CODI’s internal control over financial reporting; and commercial litigation relating to the investigation, including CODI’s representations regarding its financial statements, and the possibility of future litigation or investigation relating to CODI’s internal controls, restatement reviews, the investigation, or related matters. Please see CODI’s Annual Report on Form 10-K for the year ended December 31, 2024 for other risk factors that you should consider in connection with such forward-looking statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date such statements have been made. Except as required by law CODI does not undertake any public obligation to update any forward-looking statements to reflect events, circumstances, or new information after the date of this press release, or to reflect the occurrence of unanticipated events.

    Investor Relations
    Compass Diversified
    irinquiry@compassdiversified.com 

    The MIL Network

  • MIL-OSI: Employers Holdings, Inc. Schedules Second Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., June 25, 2025 (GLOBE NEWSWIRE) — Employers Holdings, Inc. (the “Company”) (NYSE:EIG) today announced that it will release its second quarter 2025 financial results after market close on Wednesday, July 30, 2025, after which these materials will be available on the Company’s website at www.employers.com through the “Investors” link.

    Conference Call Details
    The Company will then review these financial results via a conference call and webcast on Thursday, July 31, 2025, at 11:00 a.m. EDT / 8:00 a.m. PDT.

    To participate in the live conference call, you must first register here. Once registered you will receive dial-in numbers and a unique PIN number. The webcast will be accessible on the Company’s website at www.employers.com through the “Investors” link.

    An archived version of the webcast will be accessible on the Company’s website following the live call.

    About EMPLOYERS

    Employers Holdings, Inc. (NYSE: EIG), is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services (collectively “EMPLOYERS®”) focused on small and mid-sized businesses engaged in low-to-medium hazard industries. EMPLOYERS leverages over a century of experience to deliver comprehensive coverage solutions that meet the unique needs of its customers. Drawing from its long history and extensive knowledge, EMPLOYERS empowers businesses by protecting their most valuable asset – their employees – through exceptional claims management, loss control, and risk management services, to create safer work environments.

    EMPLOYERS is also proud to offer Cerity®, which is focused on providing digital-first, direct-to-consumer workers’ compensation insurance solutions with fast, and affordable coverage options through a user-friendly online platform.

    EMPLOYERS operates throughout the United States, apart from four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, all rated A (Excellent) by AM Best. Not all companies do business in all jurisdictions. EIG Services, Inc., and Cerity Services, Inc., are subsidiaries of Employers Holdings, Inc. EMPLOYERS® is a registered trademark of EIG Services, Inc., and Cerity® is a registered trademark of Cerity Services, Inc. For more information, please visit www.employers.com and www.cerity.com.

    Contact Information
    Michael Pedraja (775) 327-2706 or mpedraja@employers.com

    The MIL Network

  • MIL-Evening Report: Yes, Victoria’s efforts to wean households off gas have been dialled back. But it’s still real progress

    Source: The Conversation (Au and NZ) – By Trivess Moore, Associate Professor in Property, Construction and Project Management, RMIT University

    MirageC/Getty

    On the question of gas, Victoria’s government faces pressure from many directions.

    The Bass Strait wells supplying Australia’s most gas-dependent state are running dry. Gas prices shot up in 2020 and have stayed high. Natural gas is mainly methane, a potent greenhouse gas.

    But weaning more than two million gas-using households off the fossil fuel is hard. The gas lobby pushed back against proposed changes, as did the Victorian Chamber of Commerce and Industry, while resistance from some stakeholders led to a backdown on plans to phase out gas cooktops.

    That’s why the government’s decision to introduce most of the proposed changes is good news. Early plans to require dead gas heaters to be replaced with electric are gone for private housing. But from 2027, new homes have to be all-electric, while landlords will have to replace defunct gas appliances with electric and have ceiling insulation. The move will cut energy bills and accelerate the shift away from gas.

    How did we get here?

    This week’s announcement comes after lengthy consultation on changes first proposed in 2021.

    Some early responses have been supportive, though the gas industry isn’t happy, claiming the reforms will restrict customer choice and cost households more.

    Premier Jacinta Allan pitched the announcement as a way to reserve dwindling and more expensive gas supplies for industry, stating:

    by 2029, these reforms will unlock just under 12 petajoules of gas every year […] by 2035, they’ll deliver 44 PJ annually – enough to meet 85% of Victoria’s forecast industrial demand.

    What are the main changes?

    From January 2027, all newly built homes have to be all-electric. This closes a loophole in existing rules where the all-electric rule only applied to new houses requiring a planning permit.

    When a gas hot water system reaches end of life in an existing house, it will have to be replaced with an efficient electric alternative from March 2027.

    The news is even better for the rental sector.

    In 2021, the state government introduced minimum requirements for rentals. These are now being upgraded to include improved energy efficiency.

    From March 2027, new energy efficiency rules will apply to rentals and public housing, including:

    • gas hot water systems and heaters must be replaced with efficient heat pumps at end of life

    • at the start of a new lease, the rental must have draught proofing, ceiling insulation installed with a minimum R5.0 rating when there is no insulation already, and an efficient electric cooling system in the main living area.

    To help households transition, all upgrades are covered under the Victorian Energy Upgrades program which will help reduce capital costs.

    These plans are welcome. They will cut household energy bills and help meet wider sustainability goals.

    As any Victorian who has sweltered over summer or frozen through winter knows, many of the state’s houses are not great on thermal performance. Most existing homes were built before the introduction of minimum standards in the early 2000s.

    Older homes are also more likely to present health risks such as mould and damp.

    Old gas hot water units in Victoria can be repaired, but replacements will have to be electric from 2027.
    Rusty Todaro/Shutterstock

    Trade-offs proved necessary

    During the consultation period, the Victorian government floated even more ambitious plans, such as requiring all households to replace dead gas heaters with efficient electric options.

    The government originally explored making electric induction cooktops mandatory in new builds. These plans didn’t get through, potentially because of the attachment some householders feel to their gas heaters and cooktops, as we found in our research.

    The state government looks to have decided not to let perfect be the enemy of the good. Better to make significant improvements even with some trade-offs.

    When the market isn’t enough

    Policymakers usually prefer the market to find solutions rather than requiring change through regulations.

    This isn’t always possible. Here, Victoria’s gas supply challenges, subpar housing stock and the pressing need to act on climate change means regulatory nudges are needed.

    Could the government’s changes trigger a backlash? It’s possible, especially if the changes are framed as an added cost to landlords and their tenants. All-electric households are cheaper to run, but it costs money upfront to replace appliances. Waiting until an appliance’s end of life and providing upgrade subsidies will help reduce the cost impact. High gas-users save more – a Melbourne household quitting gas would save almost A$14,000 over ten years.

    18 months until launch

    The first of these changes will be in place in just 18 months.

    Schemes such as this have to be structured carefully. To ensure they work as well as possible for renters in particular, we suggest measures to avoid unintended consequences, such as means-testing any subsidy schemes to avoid leaving out lower-income households.

    We found many householders cannot access reliable information on retrofits and don’t always trust the skills and information given by tradespeople. This is why it’s vital to have accessible, independent, accurate and trustworthy support in understanding how best to replace gas appliances with electric – and how to assess tradie qualifications.

    The government’s decision to exempt rentals with existing ceiling insulation means rentals with old or compacted insulation will miss out.

    Victoria should instead look to the Australian Capital Territory, which mandates installation of new R5.0 insulation if existing insulation isn’t at least R2.

    The government must also ensure renters don’t carry the upfront cost of the upgrades in higher rent. In Sweden, rent increases linked to energy efficiency upgrades were banned.

    For the public to take to these changes, the government must ensure communication is clear and early and that any financial support is adequate and targeted to those most in need.

    Trivess Moore has received funding from various organisations including the Australian Research Council, Australian Housing and Urban Research Institute, Victorian government and various industry partners. He is a trustee of the Fuel Poverty Research Network.

    Nicola Willand has received funding for research from various organisations, including the Australian Research Council, the Victorian state government, the Lord Mayor’s Charitable Foundation, the Future Fuels Collaborative Research Centre, the National Health and Medical Research Council, Energy Consumers Australia and the British Academy. She is a trustee of the Fuel Poverty Research Network charity and affiliated with the Australian Institute of Architects.

    Sarah Robertson has received funding from various organisations, including the Australian Research Council, Australian Housing and Urban Research Institute, Victorian state government, Lord Mayor’s Charitable Foundation, and VicHealth. She is a Steering Committee member for Future Earth Australia.

    ref. Yes, Victoria’s efforts to wean households off gas have been dialled back. But it’s still real progress – https://theconversation.com/yes-victorias-efforts-to-wean-households-off-gas-have-been-dialled-back-but-its-still-real-progress-259695

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Africa: South Africa: Any Review of Labour Legislation Must Be Clear About Its Intentions, says Select Committee Chair

    Source: Africa Press Organisation – English (2) – Report:

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    The Chairperson of the Select Committee on Economic Development and Trade, Ms Sonja Boshoff, has called on the Department of Employment and Labour to give careful thought to what it aims to achieve through the review of South Africa’s labour legislation.

    The department informed the committee that it intends to review and amend approximately six pieces of labour legislation – a process that has already commenced at Cabinet level. On Wednesday, the department presented its strategic plan and annual performance plan to the committee.

    Ms Boshoff emphasised that the review of labour legislation must take into account the country’s stagnant economy and soaring unemployment rate. “Any review or future amendment to labour legislation must be practical and responsive to the realities faced by small players in the economy. Legislation must serve as an enabler for job creation and economic growth,” she said.

    “In today’s South Africa, we should be preoccupied with reducing red tape and moving away from race-based policy positions. This is not to suggest that the economic empowerment of the previously disadvantaged should be abandoned, but rather that we must rethink our priorities and focus on the broader population – not just the politically connected.”

    Ms Boshoff added that the legislative review process must unlock economic participation, particularly for emerging and marginalised market players. “As a committee, we will not tire in advocating for conditions that make it easier to do business and that create opportunities for deserving and competent individuals. It is truly ironic that labour legislation, which should be designed to protect and promote employment, is in some cases the very reason job creation is being stifled. We still owe it to South Africans to empower both job seekers and potential employers alike,” Ms Boshoff said.

    – on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa

  • MIL-OSI USA: Rep. Dan Goldman Delivers Poignant Address on Corruption, Erosion of Accountability, and a Roadmap for Restoring Public Trust

    Source: US Congressman Dan Goldman (NY-10)

    Rep. Dan Goldman: “Democracy depends on a basic understanding: that we, the people, entrust elected officials with power in exchange for their service for the public good. That trust is not a given—it must be earned. And when those in power use their positions to enrich themselves, to favor allies, or to punish enemies, that contract begins to dissolve.” 

    Goldman: “Restoring faith in our system is going to take more than these specific and tangible legislative objectives. We can’t predict every possible ethics violation or potential corrupt deal. The voters – the people – must have higher expectations of their elected officials, and must hold them accountable.” 

    Watch the Full Address Here: 

    New York, NY – Congressman Dan Goldman (NY-10) delivered the featured speech at New York Law School’s 199th CityLaw Breakfast titled, “Democracy on the Brink: Corruption and the Public Trust.”  

    In a moment of historic political upheaval, Goldman issued a candid assessment of how public corruption and the erosion of guardrails and forms of accountability – on both sides of the political aisle and at every level of government – are threatening the very foundation of American democracy and the willingness of the public to buy into the American social contract.  

    Drawing on recent cases, public opinion data, and a call to action for institutional reform, Congressman Goldman offered both a warning and a roadmap for restoring public confidence in government and the imperative of doing so to preserve liberal democracy. 

    Remarks as prepared are available below: 

    Rep. Dan Goldman

    “We gather here today at a time when the very foundations of our democracy are enduring a stress test. 

    To be sure, we are facing threats abroad from Russia, Iran and China, and partisan gridlock in Washington makes it incredibly difficult to govern as the framers imagined.  

    But I’m not referring to those challenges, which are ones that our great nation has grappled with – and conquered – many times over our 250 year history.  

    I’m instead talking about something far more insidious — something that corrodes from within and is a more significant existential threat to the future of the republic. That threat is naked, unbridled, and brazen corruption at the highest levels of our government.   

    In so many ways, our founding fathers anticipated many potential obstacles and pitfalls in drafting the constitution – including the fundamental concept that the separation of powers among three branches of government would naturally provide the necessary checks and balances to preserve and protect the will of the people.  

    Article One confers to Congress the power of the purse and the power to declare war.  

    Article Two requires the Executive Branch to faithfully execute the laws passed by Congress and to oversee foreign relations. 

    And Article III charges the judiciary with saying what the law is, properly insulated from political pressure by lifetime tenure for judicial appointees. 

    This daring and innovative structure presupposed two assumptions that, if lacking, would crater the entire system:  

    • First, that members of one branch of government would prioritize their own power and authority over pure tribalism;  

    • and second, that the President of the United States would unconditionally believe in the validity and authority of the Constitution in the first place. 

    Sadly, we are witnessing the combination of these two conditions that has our system of government teetering on the brink. No President – not even Nixon – so disregarded the law and the constitution as Donald Trump does. And I can think of no majority in the Congress that has so completely turned over all of its own power and authority to a different branch of government as this Republican Congress has to President Trump.  

    But this inflection point did not come out of nowhere. We can have as many laws and institutions as we want, but if the American people do not have trust that those laws are fairly and equally applied or that those institutions are placing the public good ahead of personal interests, then they aren’t worth the paper they are written on or the dilapidated buildings they reside in. 

    Sadly, trust in elected representatives is at an all-time low. The National Election Study has been tracking public trust in government since 1958, when the percentage of Americans who said they trust the government to do what is right “just about always” or “most of the time” was 73 percent. In 1964 it was 77 percent. 

    Today, that number stands at a horrifying 22 percent. Only 2 percent of respondents say they trust the government to do what is right “just about always.” Two percent. Since 2007, the share of Americans saying they trust the government hasn’t broken 30 percent. 

    And while Donald Trump has taken official corruption to new lows, he is only able to do that because the erosion of the public trust has been well underway for years – by both parties, especially here in New York. 

    As the lead counsel in the first impeachment of Donald Trump for corruptly abusing his official power to try to coerce a foreign government to help his personal campaign, very little that Donald Trump does surprises me.  If there is anything that does, it is not that he is engaged in widespread abuse of his power for personal gain, but rather how openly and brazenly he is doing it.    

    Take just a couple of examples. 

    A few weeks ago, President Trump accepted a reported $400 million luxury jet from the royal family of Qatar without the consent of Congress — a clear violation of the Foreign Emoluments Clause, which requires Congress to consent to any foreign gift, title or emolument. Remember, President Ulysses S. Grant requested consent from Congress to receive the Statue of Liberty from France, and as far as I know it was never going to be used by Grant’s presidential library after he left office. 

    President Trump openly bragged about the plane just a couple of days after he announced a $2 billion financial deal with the UAE in connection to a crypto stablecoin recently issued by his own crypto company, which yielded him hundreds of millions of dollars.  He literally announced this deal on his first official international trip.  

    And he’s grifting at home too. He sold 25 VIP White House tours to the top 25 shareholders of his crypto company – without any known national security vetting – that saw the value of his shares go up by 50%.  

    Yesterday, the Senate voted on stablecoin legislation that very well may make it to the resolute desk for his signature – yes, he might be asked to sign legislation that has a direct impact on his own financial interests.  

    Remember when the public was outraged during his first term when he only ceased day-to-day involvement in the Trump Organization, rather than fully divesting his interests? 

    Now he is soliciting foreign investments in his crypto company and selling White House tours to the largest investor, and there isn’t a hint of an investigation from the Department of Justice nor from the Republican majority in Congress. 

    *************************** 

    Perhaps some of the reasons for such little outrage can be summed up in a statement I hear all the time: “oh, every politician is corrupt.” Too many people simply have come to accept an expectation that elected officials are corrupt and – someway, somehow – every politician is making money from his or her office. 

    As frustrated as I get hearing that over and over, it’s hard to argue with.  
     

    Just look here at our great city and state.  Our current mayor was charged last year for alleged honest services fraud and campaign finance violations tied to foreign money and influence. And while I do think the legal basis for the corruption charge was suspect, I couldn’t help but notice that the most common conversation I had with people about the Indictment began with the question, “is what he did really worthy of a federal indictment?”  

    In other words, expectations are so low for politicians that some degree of corruption is expected and accepted, so much so that federal charges should be saved for only the most egregious conduct.  

    Those who believe that are sadly in very good company: the Supreme Court also seems to believe that is what the law requires.  

    The running joke nowadays is that in order to be convicted of federal corruption charges, the FBI needs to find gold bars in your closet. 

    That of course is what happened to former Democratic Senator Bob Menendez of New Jersey, who was convicted of honest services fraud here in the Southern District of New York after accepting gold bars in exchange for a variety of official actions taken on behalf of the Egyptian government, which gave him the gold bars. 

    We can be frustrated that the Supreme Court has repeatedly narrowed the reach of federal corruption law but it’s not actually a close call in their mind: just about every Supreme Court ruling from the McDonell opinion to the present has been unanimous, 9-0. That includes the Buffalo Billions case and Joe Percoco here in New York, and it caused both State Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver to be retried before they were each ultimately convicted.   

    The fact of the matter is that both Democrats and Republicans have repeatedly succumbed to personal greed over the public good.  And while Donald Trump is attacking all forms of political accountability – including weaponizing the Department of Justice to reward his allies and punish his enemies – the stage had long ago been set for a wannabe dictator like Trump to come along and take a battering ram to a rule of law that had been fraying at the edges for some time.   

    The damage to our system goes far beyond any individual tragedy. It goes to the very foundation of our democracy.  

    Democracy depends on a basic understanding: that we, the people, entrust elected officials with power in exchange for their service for the public good. That trust is not a given—it must be earned. And when those in power use their positions to enrich themselves, to favor allies, or to punish enemies, that contract begins to dissolve.  

    That broken trust – that decaying social contract – is, in my view, what paved the way for the resurrection of the current resident of the White House. He has turned suspicion into toxic cynicism. He has turned facts into a partisan debate. He has used distrust of the system to frame himself as that system’s victim. 

    The question asked is no longer whether politicians are true to their oaths of office. It is instead a question of moral relativism – is she as bad as he is? And once the average voter believes that all politicians are corrupt, that no facts can be trusted, that the pursuit of power justifies any means necessary, the foundations of our democracy crumble and we invite a dangerous new normal: where truth is optional, ethics are flexible, and accountability is partisan. 

    There are many things to be concerned about these days.  We are dealing with many threats to the rule of law and our basic democratic values and foundations.

    But I firmly believe that the path towards restoring faith in our government – in this great experiment that we call democracy – must start by addressing public corruption.  And that is not only through revising our criminal statutes but also by altering the structure of our electoral system. 

    ********************** 

    So if you aren’t ready to crawl into a hole after that ever-so-uplifting recitation of the current state of distrust in our system, let me try to propose some ideas and solutions that can restore confidence in our elected officials – and, by extension, our government.  

    First, voters must see a renewed commitment to ethical government from candidates for office. Donald Trump has normalized the once-heretic idea that a President of the United States does not believe in the constitution. That must end, and it must end now. Not just by following the law, but by holding politicians to a higher standard – and by those within the same party.  

    It frustrates me to no end when I hear people say that some alleged misconduct is okay because the official was not criminally charged or convicted.  That is not the standard we should hold each other to.  

    A criminal conviction is an incredibly high standard – 12 unanimous jurors must find beyond a reasonable doubt that the admissible evidence was sufficient to meet every legal element of the charge.  That must not be – it can not be – the standard that elected representatives are held to.  

    Second, we must set an example by setting guardrails for ourselves. 

    Take stock trading by members of Congress.  I’ve been in Congress about two and a half years, and I’m confident that I haven’t received a single piece of confidential information through my official duties that would have helped me play the market.  But it doesn’t matter – because simply the appearance of receiving confidential information is more than enough to raise questions about whether that information was used in connection with trading stocks by members for their personal gain. 

    And that’s simply why members of Congress should not be permitted to buy and sell individual stocks.  

    When I came into Congress, I sold all of my individual stocks and put my money in a blind trust. But that should be the norm, not the exception. We must pass a law prohibiting individual stock trading by members of Congress.  We can set an example for ourselves. 

    There are other actions that we can take to restore trust in our democracy and our elected officials. 

    We must eliminate big money in politics – at a minimum there must be full transparency in campaign finance. No more dark money. Sunlight is the best disinfectant.  

    We must set clear rules and guidelines on gifts and conflicts of interests – and there must be consequences for violating them.  

    Similarly, we can no longer trust that our elected officials – especially our president – will view the plain language of the Constitution as binding. So we must pass legislation that not only creates an enforcement vehicle for the Emoluments Clause, the Hatch Act, and other ethics laws and rules, but imposes consequences as well.    

    I believe we must draft legislation to codify the independence of the Department of Justice from personal influence by the President.  The evisceration of the Public Integrity Section, the firing of so many apolitical and upstanding career prosecutors, Executive Orders by the President directing the FBI to investigate political enemies – all must be addressed and prohibited.  That is the stuff of banana republics, not a constitutional republic.  

    And finally, we need to rewrite federal public corruption law, which I am in the process of working on right now. The Supreme Court has repeatedly urged Congress to revise the corruption statute, and I plan to take them up on their suggestion. Every branch of government – elected officials, prosecutors, and judges – must have a clear understanding of what is – and is not – official corruption. 

    But restoring faith in our system is going to take more than these specific and tangible legislative objectives. We can’t predict every possible ethics violation or potential corrupt deal. The voters – the people – must have higher expectations of their elected officials, and must hold them accountable. 

    I ran for Congress to preserve and protect our democracy and ensure that the rule of law remains our nation’s guiding light. And I believe that if we are honest with the public, accountable in our actions, uncompromising in what we expect of ourselves, and courageous in our convictions, we can restore the trust that has been lost. 

    But that work starts with integrity. It starts with doing the right thing, not the easy thing. It starts with a willingness to look the American public in the eye, to admit the fault of those we share this awesome responsibility with, and to pledge that we can, we must, we will do better. 

    History is watching.” 

    ###

    MIL OSI USA News

  • MIL-OSI USA: Rep. Clyde Applauds TVA’s Rational Approach to Address Chatuge Dam Spillway Vulnerabilities

    Source: United States House of Representatives – Representative Andrew S. Clyde (R-GA)

    Rep. Clyde Applauds TVA’s Rational Approach to Address Chatuge Dam Spillway Vulnerabilities

    Gainesville, June 25, 2025

     

    GAINESVILLE, GA — Today, Representative Andrew Clyde (GA-09) released the following statement after the Tennessee Valley Authority (TVA) announced revised proposed alternatives to address Chatuge Dam spillway safety concerns. Specifically, the TVA outlined plans to conduct drawdowns of Lake Chatuge within off-season months for no more than two years, which could begin as soon as fall of 2027.

     

    “I’m incredibly pleased with the TVA’s decision to reduce drawdown durations from the agency’s previously proposed alternatives, reflecting a solution that prioritizes the economic well-being of Towns County, the structural integrity of Chatuge Dam, and worker safety,” said Clyde. “Over the past two months, I’ve worked closely with constituents, stakeholders, and TVA officials to reach the best outcome possible. I believe today’s announcement demonstrates how successful these efforts have been for all parties involved, marking an exciting win for the Ninth District.”

     

    “Throughout this process, the TVA has been very responsive to and understanding of our local community’s needs and concerns. I’m thankful for their partnership, which has resulted in a sensible path forward that effectively balances the safety of spillway operations and the continued economic prosperity of our North Georgia community. I’m also grateful for our local leaders, stakeholders, and constituents throughout Towns County for remaining highly engaged in this matter. Their effective outreach positively shaped the outcome of the TVA’s Chatuge Dam project, ensuring drawdowns and construction do not adversely impact residents’ small businesses and financial futures,” Clyde added.

     

    Last week, Rep. Clyde had a productive meeting with TVA officials, which included a briefing of the agency’s revised proposals.

     

     

    MIL OSI USA News

  • MIL-OSI Canada: Putting Alberta-made businesses on the map

    Alberta is a province where locally made businesses can reach their full potential and become known through international markets. Across the world, Alberta is recognized as a trusted trade partner thanks to its high-quality services and products and hard-working entrepreneurs. To help small- and medium-sized businesses continue to grow, Alberta’s government is investing in the Trade Accelerator Program (TAP), which empowers them to increase their exports and revenue, while also creating new jobs for Albertans.

    In 2017, TAP was established nationally and Calgary Economic Development started administering the program within Alberta in 2018. Since its creation, TAP has helped more than 550 companies in Alberta receive the knowledge, mentorship and resources they need to help their businesses grow and reach international markets.

    Through a new $2.8-million investment, Alberta’s government is ensuring Calgary Economic Development has the resources it needs to continue delivering TAP for another five years, which is expected to help up to 650 more companies.

    “Increasing trade is a priority for our government, which is why we are helping small- and medium-sized businesses grow. More than ever, we need to diversify our global trade and give businesses the tools they need to succeed. In return, Alberta will see more jobs, more investment and a stronger economy with programs like this.”

    Joseph Schow, Minister of Jobs, Economy, Trade and Immigration

    “With global markets shifting rapidly, Alberta’s small- and medium-sized businesses need every advantage to stay ahead. This support from the Government of Alberta invests in entrepreneurs’ big ideas and helps ensure that local businesses can access the tools and expertise they need to scale globally. Stronger trade capacity means stronger businesses – and a stronger, more resilient Alberta.”

    Brad Parry, president and CEO, Calgary Economic Development

    In addition to the continued operation of TAP, this funding will also facilitate the creation of a new program from Calgary Economic Development called “Levelling Up.” This program will launch in 2026 and will include additional sector- and market-specific trade programming to support businesses in their complex global market expansion needs. “Levelling Up” will also include the ongoing Global Trade Classroom Series along with online resources. It is a program designed for companies who have participated in TAP, with targeted trade support for entering more complex markets.

    “Calgary Economic Development and the Government of Alberta have been pivotal in accelerating naturemary’s growth, innovation and global reach. Their support empowers us to thrive, create jobs and elevate pain relief and wellness from Alberta to the world.”

    Kapil Kalra, president & co-founder, naturemary, (TAP alumni) 

    Companies like naturemary, Rok Water, Knead Technologies and Zeno Renewables began in Alberta as small businesses but received training and support through TAP. Now these companies, like many others, have grown to receive recognition and business in markets around the world.

    Alberta’s government remains focused on continuing to build a resilient and diversified economy that is better positioned to withstand external shocks and ensure long-term prosperity.

    Quick facts

    • TAP supports businesses across Alberta through provincewide delivery, with past sessions hosted in Calgary, Edmonton, Red Deer, Grand Prairie, Canmore, Lethbridge and Medicine Hat.
    • The program is open to any Alberta-based company and businesses can attend sessions in any region.
    • Upcoming TAP cohorts across Alberta include:
      • Calgary, Sept. 9 – Oct. 22
      • Red Deer, Oct. 15 – Nov.20
      • Edmonton, Nov. 4 – Dec. 10

    Related information

    • Trade Accelerator Program
    • Alberta Export Expansion Program
    • Government of Alberta mission calendar

    MIL OSI Canada News

  • MIL-OSI: F&M Bank Announces Appointment of Ahmed Alomari to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    ARCHBOLD, Ohio, June 25, 2025 (GLOBE NEWSWIRE) — F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announces the appointment of Ahmed Alomari to the Board of Directors of both the Company and the Bank. Mr. Alomari was appointed by the F&M Board of Directors on June 24, 2025, at the monthly board meeting.

    Mr. Alomari is widely recognized for his expertise in Oracle database performance and enterprise systems architecture. He founded Cybernoor in 2007 and remained CEO until it was acquired in 2021 by Buchanan Technologies [Cybernoor Info]. As part of the acquisition, Alomari became the Executive Vice President for Buchanan Technologies, overseeing the company’s database and application operations [Buchanan Technologies Appoints Ahmed Alomari as Executive VP].

    “Ahmed brings a deep level of technical expertise and a strong track record of innovation and strategic insight,” said Lars Eller, President and CEO of F&M Bank. “His knowledge of enterprise systems and data performance will be a valuable asset as we continue to enhance our digital capabilities and technology infrastructure.”

    Mr. Alomari holds a degree in Computer Science from the University of Michigan’s School of Engineering.

    About F&M Bank

    F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Troy, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio.

    Safe harbor statement

    Private Securities Litigation Reform Act of 1995. Statements by F&M, including management’s expectations and comments, may not be based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M’s SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC’s website, www.sec.gov or through F&M’s website www.fm.bank.

    Company Contact: Investor and Media Contact:
    Lars B. Eller
    President and Chief Executive Officer
    Farmers & Merchants Bancorp, Inc.
    (419) 446-2501
    leller@fm.bank
    Andrew M. Berger
    Managing Director
    SM Berger & Company, Inc.
    (216) 464-6400
    andrew@smberger.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81637346-a2e6-4544-b7ff-fe65be09b5e1

    The MIL Network

  • MIL-OSI: F&M Bank Announces Appointment of Ahmed Alomari to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    ARCHBOLD, Ohio, June 25, 2025 (GLOBE NEWSWIRE) — F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announces the appointment of Ahmed Alomari to the Board of Directors of both the Company and the Bank. Mr. Alomari was appointed by the F&M Board of Directors on June 24, 2025, at the monthly board meeting.

    Mr. Alomari is widely recognized for his expertise in Oracle database performance and enterprise systems architecture. He founded Cybernoor in 2007 and remained CEO until it was acquired in 2021 by Buchanan Technologies [Cybernoor Info]. As part of the acquisition, Alomari became the Executive Vice President for Buchanan Technologies, overseeing the company’s database and application operations [Buchanan Technologies Appoints Ahmed Alomari as Executive VP].

    “Ahmed brings a deep level of technical expertise and a strong track record of innovation and strategic insight,” said Lars Eller, President and CEO of F&M Bank. “His knowledge of enterprise systems and data performance will be a valuable asset as we continue to enhance our digital capabilities and technology infrastructure.”

    Mr. Alomari holds a degree in Computer Science from the University of Michigan’s School of Engineering.

    About F&M Bank

    F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Troy, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio.

    Safe harbor statement

    Private Securities Litigation Reform Act of 1995. Statements by F&M, including management’s expectations and comments, may not be based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M’s SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC’s website, www.sec.gov or through F&M’s website www.fm.bank.

    Company Contact: Investor and Media Contact:
    Lars B. Eller
    President and Chief Executive Officer
    Farmers & Merchants Bancorp, Inc.
    (419) 446-2501
    leller@fm.bank
    Andrew M. Berger
    Managing Director
    SM Berger & Company, Inc.
    (216) 464-6400
    andrew@smberger.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81637346-a2e6-4544-b7ff-fe65be09b5e1

    The MIL Network

  • MIL-OSI: F&M Bank Announces Appointment of Ahmed Alomari to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    ARCHBOLD, Ohio, June 25, 2025 (GLOBE NEWSWIRE) — F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announces the appointment of Ahmed Alomari to the Board of Directors of both the Company and the Bank. Mr. Alomari was appointed by the F&M Board of Directors on June 24, 2025, at the monthly board meeting.

    Mr. Alomari is widely recognized for his expertise in Oracle database performance and enterprise systems architecture. He founded Cybernoor in 2007 and remained CEO until it was acquired in 2021 by Buchanan Technologies [Cybernoor Info]. As part of the acquisition, Alomari became the Executive Vice President for Buchanan Technologies, overseeing the company’s database and application operations [Buchanan Technologies Appoints Ahmed Alomari as Executive VP].

    “Ahmed brings a deep level of technical expertise and a strong track record of innovation and strategic insight,” said Lars Eller, President and CEO of F&M Bank. “His knowledge of enterprise systems and data performance will be a valuable asset as we continue to enhance our digital capabilities and technology infrastructure.”

    Mr. Alomari holds a degree in Computer Science from the University of Michigan’s School of Engineering.

    About F&M Bank

    F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Troy, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio.

    Safe harbor statement

    Private Securities Litigation Reform Act of 1995. Statements by F&M, including management’s expectations and comments, may not be based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M’s SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC’s website, www.sec.gov or through F&M’s website www.fm.bank.

    Company Contact: Investor and Media Contact:
    Lars B. Eller
    President and Chief Executive Officer
    Farmers & Merchants Bancorp, Inc.
    (419) 446-2501
    leller@fm.bank
    Andrew M. Berger
    Managing Director
    SM Berger & Company, Inc.
    (216) 464-6400
    andrew@smberger.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81637346-a2e6-4544-b7ff-fe65be09b5e1

    The MIL Network