NewzIntel.com

Category: Economy

  • MIL-OSI USA: Congressman Valadao Leads California GOP Delegation in Urging Governor Newsom to Suspend the Gas Tax Increase

    Source: United States House of Representatives – Congressman David G. Valadao (California)

    WASHINGTON – This week, Congressman David Valadao (CA-22) led the entire California Republican delegation in urging Governor Gavin Newsom to suspend the state’s upcoming gas tax increase on July 1, 2025. According to AAA, the national average price for a gallon of gas as of today is $3.22, but in California, the average price is $4.65 per gallon.

    “California already has the highest gas prices in the nation, and instead of providing some relief, Governor Newsom continues to make it worse,” said Congressman Valadao. “Central Valley families can’t afford to pay an extra 66 cents per gallon every time they fill up—and they shouldn’t have to. It’s time for Governor Newsom and the Democratic supermajority in Sacramento to finally suspend the gas tax, stop these harmful price hikes, and ease the burden on working families instead of adding to it.”

    For the last three years, Congressman Valadao has led efforts to suspend the annual July 1st gas tax increase to provide much-needed relief to California families. The lawmakers also urged a pause to the implementation of a California Air Resources Board’s (CARB) Low Carbon Fuel Standards (LCFS) update, which is expected to increase gas prices by an additional 65 cents per gallon.

    Congressman Valadao was joined in the letter by Reps. Doug LaMalfa (CA-01), Tom McClintock (CA-05), Kevin Kiley (CA-03), Darrell Issa (CA-48), Young Kim (CA-40), Jay Obernolte (CA-23), Vince Fong (CA-20), and Ken Calvert (CA-41).

    “At a time when Californians are already paying $1.44 more per gallon than the national average, the last thing they need is another gas tax hike and a costly new mandate from unelected CARB officials,” said Rep. LaMalfa. “The state is adding another 1.6 cents to the gas excise tax. CARB’s rule changes could drive prices up by as much as 65 cents more per gallon. We’ve warned the Governor repeatedly that this approach is destructive to California’s economy. He continues to ignore this reality. Refusing to change course will only worsen California’s future prospects.”

    “Californians are already paying the highest gas prices in the nation, and they’re set to increase dramatically,” said Rep. Kiley. “It won’t be long until we are paying an absurd $8 per gallon. The higher fuel cost and demand to import fuel will raise prices for virtually everything else people need to buy. Gavin Newsom and the Democratic legislature need to put policies in place immediately to prevent people from feeling even more financial stress than they already are.”

    “California is already home to the highest gas prices of any state in the nation – the Low Carbon Fuel Standard and gas tax only add more pain at the pump for hardworking families,” said Congresswoman Kim. “I will continue to urge Governor Newsom to suspend the burdensome gas tax and provide relief for Californians.”

    “Once again, unelected regulators at CARB are pushing policies that ignore the economic realities facing California’s working families and small businesses,” said Rep. Obernolte. “Our state already has the highest gas prices in the nation, and these new burdens will only make the situation worse. Californians—and my constituents—deserve relief, not more costly mandates.”

    “With Californians already getting crushed by some of the highest gas prices in the nation, Sacramento Democrats have forced yet another gas tax hike on hardworking Californians,” said Rep. Fong. “Families and businesses are struggling under the weight of rising costs, and now state legislators are asking them to pay even more to clean up their budget mess. Californians deserve real relief. Instead of piling on more taxes, we should prioritize infrastructure investment, use existing funds responsibly, and support in-state energy production to lower prices at the pump.”

    “Californians already pay the highest gas prices in the country due to the radical policies enacted by California Democrats,” said Rep. Calvert. “The last thing California families need is yet another tax increase raising the price of gasoline even higher.”

    Read the full letter here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: REP. HILL INTRODUCES RISE ACT TO SPUR FASTER ECONOMIC GROWTH AND JOBS

    Source: United States House of Representatives – Congressman French Hill (AR-02)

    WASHINGTON, D.C. – Today, Rep. French Hill (AR-02) introduced the Revitalizing Investment, Savings, and Entrepreneurship (RISE) Act, which he co-leads with Rep. Steube (R-FL). The RISE Act will unlock capital, boost investment, and stimulate economic growth and innovation for all Americans by limiting the capital gains tax rate to 15%.

    Rep. Hill said, “To build a stronger, more prosperous future, we need policies that unlock capital, reward risk-taking, and drive real growth for all Americans. That is exactly what the RISE Act delivers. My bill restores the proven, bipartisan capital gains tax rate that encourages long-term investment in Main Street businesses and drives innovation across our country. With greater access to capital, startups can turn ideas into reality, small businesses will expand and hire, and hardworking Americans will have more opportunity and higher wages.”

    Rep. Steube said, “American businesses rely on investment to grow and thrive. Yet, our current tax code burdens entrepreneurs and startups by taxing federal long-term capital gains at nearly 24%, creating a costly barrier to investment. Investing in America should never be a high-risk, expensive gamble. True long-term prosperity and economic security start when Washington unlocks more capital for U.S. industries. Our bill will cap the federal long-term capital gains tax rate at 15%, empowering investors to fuel economic growth and create good-paying American jobs.”

    Background:
    The RISE Act would limit the capital gains tax rate to 15% for all Americans. This is the top rate that was in effect from 2003 to 2012 and has historically enjoyed bipartisan support. Currently, federal capital gains taxes reach nearly 24% when including the 3.8% Medicare surtax—nearly five percentage points above the OECD average. Combined with state taxes as high as 14%, America’s total rates significantly discourage the business investment needed for economic growth.

    High capital gains tax rates increase the cost of capital and reduce overall investment in the economy. When businesses receive more funding to grow, productivity and innovation increase—boosting wages, raising living standards, and keeping prices low for consumers.

    The RISE Act builds on bipartisan precedent: President Obama preserved the 15% top rate in 2010 with overwhelming Democratic support, President Bush lowered the top rate to 15% in 2003 and extended the rate in 2006, and President Clinton signed legislation in 1997 to reduce capital gains taxes with significant Democratic backing.

    The RISE Act is endorsed by the National Taxpayers Union, National Venture Capital Association, and Americans for Tax Reform.

    MIL OSI USA News –

  • MIL-OSI: Kurtz Fargo, Colorado’s Largest Locally Owned Firm, Expands in Durango

    Source: GlobeNewswire (MIL-OSI)

    DURANGO, Colo., June 24, 2025 (GLOBE NEWSWIRE) — Kurtz Fargo LLP, Colorado’s largest locally owned and Colorado-focused accounting firm, today announces the grand opening of its new office location in Durango. This further expansion outside of Boulder headquarters is part of their long-term strategic growth plan to continue establishing leadership across the state and nationwide.

    The modern, 2,476 square foot office is centrally located at 1140 Main Ave, Suite A, Durango, CO 81301. Its convenient downtown location integrates Kurtz Fargo in the community and ensures easy access for clients. A dedicated team of 10 seasoned professionals will staff the location, offering a comprehensive suite of accounting and advisory services tailored to support both local businesses and individuals. The Durango Chamber of Commerce officially welcomed Kurtz Fargo with a ribbon-cutting ceremony on June 5, 2025, celebrating the firm’s arrival in the local business community.

    Durango was chosen for this strategic expansion to better serve Kurtz Fargo’s expanding client base throughout the region and reinforce its robust presence across Colorado.

    “Durango’s dynamic economy, particularly its thriving small business sector, strong entrepreneurial spirit and supportive local environment, make it an ideal choice for our continued growth,” said Matt Fargo, CPA, Co-founder and Managing Partner of Kurtz Fargo. “We want to be a meaningful partner in local economic development, bringing our industry-leading accounting and advisory services closer to businesses and individuals in Durango and surrounding areas.”

    Local business leaders have voiced strong enthusiasm for Kurtz Fargo’s expanded presence in Southwest Colorado including Durango-based Agile Space Industries, an in-space propulsion solution provide. “Having Kurtz Fargo establish an office here is fantastic news for our community and for us as their client as they have been a great partner for Agile,” said Kris Schaa, Chief Financial Officer of Agile Space Industries. “Over the past three years they helped improve our financial reporting through their audit services. This has been a key component in our ability to scale. They are a great resource for our local business community.”

    Kurtz Fargo aims to offer a full range of services from its new Durango location, including tax planning and preparation, audit and assurance, and business consulting, tailored to meet the unique needs of the local market. The firm looks forward to becoming an integral part of the Durango community, contributing to its economic vitality and building lasting relationships.

    About Kurtz Fargo LLP:

    Founded in 2010 and based in Boulder, CO, Kurtz Fargo LLP is a certified public accounting firm offering professional assurance, tax, and advisory services. They specialize in serving emerging growth, small, and mid-sized businesses, combining agility with expertise to deliver customized financial strategies that drive results. The firm prides itself on building lasting partnerships and providing guidance to help businesses thrive. Kurtz Fargo was recognized as one of the Best Firms to Work For in 2024 by Accounting Today, and proudly celebrates its 15th anniversary in August 2025, marking a decade and a half of dedicated service and growth. Learn more at www.kurtzfargo.com and connect with Kurtz Fargo on LinkedIn.

    Contact:

    Rachel Weber

    Principal

    Comm Oddities

    rachel@commodditiesinc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7545eaa-4ce8-4d28-9d0b-206f270a8bc3

    The MIL Network –

  • MIL-OSI United Kingdom: Making the UK the best place to do business: Modern Industrial Strategy set to deepen global collaboration

    Source: United Kingdom – Executive Government & Departments

    World news story

    Making the UK the best place to do business: Modern Industrial Strategy set to deepen global collaboration

    Modern Industrial Strategy will make the UK the best country to invest in and grow a business, delivering on the Plan for Change.

    UK’s Modern Industrial Strategy

    • Strategy developed in partnership with business, marking a new era of collaboration between government and high growth industries.
    • New Industrial Strategy to unlock billions in investment and support 1.1 million new well-paid jobs over the next decade. *New Global Talent Taskforce and £54m fund will attract world-class researchers, top talent and their teams to the UK.
    • Electricity costs for thousands of businesses to be slashed by up to 25%.

    The plan focuses on 8 high growth sectors, including Advanced Manufacturing, Clean Energy Industries, Digital and Technologies, Financial Services and Life Sciences, where there is potential for faster growth.

    The modern Industrial Strategy unveiled today, Monday 23 June, sets out a ten-year plan to boost investment, create good skilled jobs and make Britain the best place to do business.

    It includes targeted support for the areas of the country and economy that have the greatest potential to grow, while introducing reforms that will make it easier for all businesses to get ahead.

    The Strategy’s bold plan of action includes:

    • Slash electricity costs by up to 25% from 2027 for electricity-intensive manufacturers in growth sectors and foundational industries in their supply chain, bringing costs more closely in line with other major economies in Europe.

    • Unlocking billions in finance for innovative business, especially for SMEs by increasing British Business Bank financial capacity to £25.6 billion, crowding in tens of billions of pounds more in private capital. The includes an additional £4bn for Industrial Strategy Sectors, crowding in billions more in private capital. By investing largely through venture funds, the BBB will back the UK’s most high-growth potential companies.

    • Reducing regulatory burdens by cutting the administrative costs of regulation for business by 25% and reduce the number of regulators. 

    • Boosting R&D spending to £22.6bn per year by 2029-30 to drive innovation across the IS-8, with more than £2bn for AI over the Spending Review, and £2.8bn for advanced manufacturing over the next ten years. This will leverage in billions more from private investors. Regulatory changes will further clear the path for fast-growing industries and innovative products such as biotechnology, AI, and autonomous vehicles.

    • Attracting elite global talent to our key sectors, via visa and migration reforms and the new Global Talent Taskforce. The Taskforce and a £54m Global Talent Fund will support top talent to relocate to the UK.

    • Deepening economic and industrial collaboration with our partners, building on our Industrial Strategy Partnership with Japan and recent deals with the US, India, and the EU.

    • Reducing planning timelines and cutting costs for developers, by hiring more planners, streamlining pre-application requirements and combining environmental obligations, removing burdens on businesses as well as accelerating house building. 

    • Revolutionising public procurement and reducing barriers for new entrants and SMEs to bolster domestic competitiveness.

    • Supporting the UK’s city regions and clusters by increasing the supply of investible sites through a new £600m Strategic Sites Accelerator, enhanced regional support from the Office for Investment, National Wealth Fund, and British Business Bank, and more.

    • Upskilling the nation with an extra £1.2 billion each year for skills by 2028-29, and delivering more opportunities to learn and earn in our high-growth sectors including new short courses in relevant skills funded by the Growth and Skills Levy and skills packages targeted at defence digital and engineering.

    • Supporting 5,500 more SMEs to adopt new technology through the Made Smarter programme while centralising government support in one place through the Business Growth Service.

    The plan focuses on 8 sectors where the UK is already strong and there’s potential for faster growth: Advanced Manufacturing, Clean Energy Industries, Creative Industries, Defence, Digital and Technologies, Financial Services, Life Sciences, and Professional and Business Services. Each growth sector has a bespoke 10-year plan that will attract investment, enable growth and create high-quality, well-paid jobs. 

    Five sector plans have been published in tandem:

    Advanced Manufacturing

    Backing the Advanced Manufacturing sector with up to £4.3 billion in funding, including up to £2.8 billion in R&D over the next five years, with the aim of anchoring supply chains in the UK – from increasing vehicle production to 1.35, to leading the next generation of technologies for zero emission flight.

    Clean Energy Industries

    Doubling investment in Clean Energy Industries by 2035, with Great British Energy helping to build the clean power revolution in Britain with a further £700 million in clean energy supply chains, taking the total funding for the Great British Energy Supply Chain fund to £1 billion.

    Creative Industries

    Maximizing the value of the UK’s Creative Industries through a £380 million boost for film and TV, video games, advertising and marketing, music and visual and performing arts will improve access to finance for scale-ups and increase R&D, skills and exports.

    Digital and Technologies

    Making the UK the European leader for creating and scaling Digital and Technology businesses, with more than £2 billion to drive the AI Action Plan, including a new Sovereign AI Programme, £187 million for training one million young people in tech skills and targeting R&D investment at frontier technologies such as cyber security in Northern Ireland, semiconductors in Wales and quantum technologies in Scotland. 

    Professional and Business Services

    Ensuring the UK’s Professional and Business Services becomes the world’s most trusted adviser to global industry, revolutionising the sector across the world through adoption of UK-grown AI and working to secure mutual recognition of professional qualifications agreements overseas.

    Prime Minister Keir Starmer said:

    This Industrial Strategy marks a turning point for Britain’s economy and a clear break from the short-termism and sticking plasters of the past.

    In an era of global economic instability, it delivers the long-term certainty and direction British businesses need to invest, innovate and create good jobs that put more money in people’s pockets as part of the plan for change.

    This is how we power Britain’s future – by backing the sectors where we lead, removing the barriers that hold us back, and setting out a clear path to build a stronger economy that works for working people. Our message is clear – Britain is back and open for business.

    Regarding the launch of the New Industrial Strategy, British Ambassador to Chile, Louise de Sousa, said:

    The UK’s modern Industrial Strategy is our ten-year plan to strengthen infrastructure, reduce costs for businesses and simplify regulation.

    With a highly skilled workforce and unrivalled global business connectivity, the UK provides an ideal location to scale, invest and grow business, by accessing the G7’s lowest corporation tax and a generous R&D tax.

    This being and internation strategy from the start, the plan will provide local businesses, entrepreneurs and innovators the stability and ease needed to make long-term investment decisions, which, in turn will help strengthening the already strong economic ties between UK and Chile.

    The Industrial Strategy is a 10-year plan to promote business investment and growth and make it quicker, easier and cheaper to do business in the UK, giving businesses the confidence to invest and create 1.1 million good, well-paid jobs in thriving industries – delivering on the UK Government’s Plan for Change.

    Further information

    If you want to know more about this matter, please contact the Communications Office.

    For more information about the activities of the British Embassy in Santiago, follow us on:

    Updates to this page

    Published 24 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Glacier Bancorp, Inc. to Expand Southwest Presence and Enter Texas by Acquisition of Guaranty Bancshares, Inc.

    Source: GlobeNewswire (MIL-OSI)

    KALISPELL, Mont. and MOUNT PLEASANT, Texas, June 24, 2025 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (“Glacier” or the “Company”) (NYSE: GBCI) and Guaranty Bancshares, Inc. (“Guaranty”) (NYSE: GNTY), the bank holding company for Guaranty Bank & Trust, N.A., a leading community bank headquartered in Mount Pleasant, Texas, today jointly announced the signing of a definitive agreement, pursuant to which Glacier will acquire Guaranty in an all-stock transaction. The acquisition marks Glacier’s 27th bank acquisition since 2000 and its 13th announced transaction in the past 10 years. As of March 31, 2025, Guaranty had total assets of $3.2 billion, total gross loans of $2.1 billion and total deposits of $2.7 billion.

    The boards of Glacier and Guaranty unanimously approved the transaction, which is subject to regulatory approvals, Guaranty shareholder approval, and other customary conditions of closing. The definitive agreement provides that upon closing of the transaction, Guaranty shareholders are to receive 1.0000 share of Glacier stock for each Guaranty share (subject to adjustment under certain circumstances). Based on the closing price of $41.58 for Glacier shares on June 23, 2025, the transaction would result in aggregate consideration of $476.2 million (inclusive of the value to Guaranty stock options) and value of $41.58 per Guaranty share. Upon closing of the transaction, which is anticipated to take place in the fourth quarter of 2025, Guaranty Bank & Trust will operate as a new banking division under the name “Guaranty Bank & Trust, Division of Glacier Bank,” representing Glacier’s 18th separate bank division.

    “We are thrilled to add Guaranty Bank & Trust to the Glacier family of banks as a new banking Division,” said Randy Chesler, Glacier’s President and CEO. “This is a compelling opportunity to further expand our presence in the Southwest. Guaranty fits strategically and culturally within the unique Glacier business model and will allow us to enter a complementary state with an exceptional demographic profile, strong growth prospects, and a business-friendly operating environment. The Texas economy is estimated to be worth $2.7 trillion, and if Texas were an independent country, its economy would be the 8th largest in the world.” Chesler also noted that “This acquisition continues our long history of consistently adding high quality community banks to our proven banking model and we are very enthusiastic about the future opportunities this partnership will provide.”

    “Guaranty Bank & Trust has a 100+ year history of doing business in the State of Texas, and we are pleased to find a partner that emphasizes the relationship banking model that has been core to our success over many decades and through many business cycles,” said Ty Abston, Guaranty’s Chairman and CEO. “The opportunity to join Glacier Bancorp, which is a family of community banks that collectively share our banking philosophy, culture and character, was a perfect opportunity to position Guaranty Bank & Trust for the future. We will continue to grow and invest in our communities and our customers will be dealing with the same familiar faces, led by the same management team, in each of our markets. This partnership gives Guaranty added strength, with the support of a larger balance sheet and the resources to invest in the latest technologies and products to serve our existing and future customers. We are excited to join the Glacier family of banks and look forward to the opportunities and benefits this combination will bring to our clients, employees, communities and shareholders.”

    Glacier management will review additional information regarding the transaction on a conference call beginning at 7:00 a.m. Mountain Time on Wednesday, June 25, 2025.

    Investors who would like to join the call may now register by following this link to obtain dial-in instructions: https://register-conf.media-server.com/register/BIdfefa202793d4cf9b9b8d5068cef9318

    To participate via the webcast, log on to: https://edge.media-server.com/mmc/p/n3vugmow

    If you are unable to participate during the live webcast, the call will be archived on our website, www.glacierbancorp.com.

    A slide presentation to accompany management’s commentary may be accessed from Glacier’s June 24, 2025, Form 8-K filing with the Securities and Exchange Commission (the “SEC”) or at https://www.glacierbancorp.com/news-market-information/annual-reports-presentations.

    Glacier was advised in the transaction by Stephens Inc. as financial advisor and Miller Nash LLP as legal counsel. Guaranty was advised by Keefe Bruyette & Woods, A Stifel Company as financial advisor and Norton Rose Fulbright US LLP as legal counsel.

    About Glacier Bancorp, Inc.

    Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: Altabank (American Fork, UT), Bank of the San Juans (Durango, CO), Citizens Community Bank (Pocatello, ID), Collegiate Peaks Bank (Buena Vista, CO), First Bank of Montana (Lewistown, MT), First Bank of Wyoming (Powell, WY), First Community Bank Utah (Layton, UT), First Security Bank (Bozeman, MT), First Security Bank of Missoula (Missoula, MT), First State Bank (Wheatland, WY), Glacier Bank (Kalispell, MT), Heritage Bank of Nevada (Reno, NV), Mountain West Bank (Coeur d’Alene, ID), The Foothills Bank (Yuma, AZ), Valley Bank (Helena, MT), Western Security Bank (Billings, MT), and Wheatland Bank (Spokane, WA).
    Visit Glacier’s website at www.glacierbancorp.com.

    About Guaranty Bancshares

    Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. and has 33 banking locations across 26 Texas communities located within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the state. As of March 31, 2025, Guaranty Bancshares, Inc. had total assets of $3.2 billion, total loans of $2.1 billion and total deposits of $2.7 billion.

    Visit Guaranty’s website at www.gnty.com.

    Forward-Looking Statements

    This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “estimate,” “anticipate,” “expect,” “will,” and similar references to future periods. Such forward-looking statements include but are not limited to statements regarding the expected closing of the transaction and its timing and the potential benefits of the business combination transaction involving Glacier and Guaranty, including future financial and operating results, the combined company’s plans, objectives, expectations and intentions, and other statements that are not historical facts regarding either company or the proposed combination of the companies. These forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, that may cause actual results or events to differ materially from those projected, including but not limited to the following: risks that the proposed merger transaction will not close when expected or at all because required regulatory, shareholder or other approvals or conditions to closing are delayed or not received or satisfied on a timely basis or at all; risks that the benefits from the transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Glacier and Guaranty operate; uncertainties regarding the ability of Glacier Bank and Guaranty Bank & Trust to promptly and effectively integrate their businesses, including into Glacier Bank’s existing division structure; changes in business and operational strategies that may occur between signing and closing; uncertainties regarding the reaction to the proposed transaction of the companies’ respective customers, employees, and contractual counterparties; and risks relating to the diversion of management time on merger-related issues. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect management’s current estimates, projections, expectations and beliefs. Glacier undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report. For more information, see the risk factors described in Glacier’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings with the SEC.

    Important Information and Where You Can Find It

    This communication relates to the proposed merger transaction involving Glacier and Guaranty. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote or approval.

    In connection with the proposed merger transaction, Glacier expects to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement”) that will include a Preliminary Proxy Statement of Guaranty and a Preliminary Prospectus of Glacier, as well as other relevant documents concerning the proposed transaction. After the Registration Statement is declared effective, Guaranty will mail a Definitive Proxy Statement/Prospectus to its shareholders. This communication is not a substitute for the Proxy Statement/Prospectus or Registration Statement or for any other document that Glacier or Guaranty may file with the SEC and send to Guaranty’s shareholders in connection with the proposed merger transaction. Shareholders of Guaranty are urged to read carefully the Registration Statement and accompanying Proxy Statement/Prospectus regarding the proposed merger transaction when it becomes available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information.

    Free copies of the Proxy Statement/Prospectus included in the Registration Statement, as well as other filings containing information about Glacier, Guaranty, and the proposed transaction, may be obtained at the SEC’s Internet site (http://www.sec.gov). You will also be able to obtain these documents, free of charge, from Glacier at www.glacierbancorp.com under the tab “SEC Filings” and in the “Investors” section of GNTY’s website, www.gnty.com, under the heading “Financial Information – SEC Filings” or by requesting them in writing or by telephone from Glacier at: Glacier Bancorp, Inc., 49 Commons Loop, Kalispell, Montana 59901, ATTN: Corporate Secretary; Telephone (406) 751-7706 or by requesting them in writing or by telephone from Guaranty at: Guaranty Bancshares, Inc., 16475 Dallas Parkway, Suite 600, Addison, Texas 75001 ATTN: Corporate Secretary; Telephone (888) 572,9881.

    Participants in the Solicitation

    GBCI and GNTY and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of GNTY in connection with the proposed merger transaction. Information about the directors and executive officers of GBCI is set forth in the proxy statement for GBCI’s 2025 annual meeting of shareholders, as filed with the SEC on Schedule 14A on March 12, 2025. Information about the directors and executive officers of GNTY is set forth in the proxy statement for Guaranty’s 2025 annual meeting of shareholders, as filed with the SEC on Schedule 14A on March 31, 2025. Additional information regarding the interests of those participants and other persons who may be deemed participants may be obtained by reading the Proxy Statement/Prospectus included in the Registration Statement and other relevant documents regarding the proposed merger transaction filed with the SEC when they become available. Copies of these documents may be obtained free of charge from the sources described above.

    CONTACT: Randall M. Chesler
    (406) 751-4722

    Ron J. Copher
    (406) 751-7706

    The MIL Network –

  • MIL-OSI: Glacier Bancorp, Inc. to Expand Southwest Presence and Enter Texas by Acquisition of Guaranty Bancshares, Inc.

    Source: GlobeNewswire (MIL-OSI)

    KALISPELL, Mont. and MOUNT PLEASANT, Texas, June 24, 2025 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (“Glacier” or the “Company”) (NYSE: GBCI) and Guaranty Bancshares, Inc. (“Guaranty”) (NYSE: GNTY), the bank holding company for Guaranty Bank & Trust, N.A., a leading community bank headquartered in Mount Pleasant, Texas, today jointly announced the signing of a definitive agreement, pursuant to which Glacier will acquire Guaranty in an all-stock transaction. The acquisition marks Glacier’s 27th bank acquisition since 2000 and its 13th announced transaction in the past 10 years. As of March 31, 2025, Guaranty had total assets of $3.2 billion, total gross loans of $2.1 billion and total deposits of $2.7 billion.

    The boards of Glacier and Guaranty unanimously approved the transaction, which is subject to regulatory approvals, Guaranty shareholder approval, and other customary conditions of closing. The definitive agreement provides that upon closing of the transaction, Guaranty shareholders are to receive 1.0000 share of Glacier stock for each Guaranty share (subject to adjustment under certain circumstances). Based on the closing price of $41.58 for Glacier shares on June 23, 2025, the transaction would result in aggregate consideration of $476.2 million (inclusive of the value to Guaranty stock options) and value of $41.58 per Guaranty share. Upon closing of the transaction, which is anticipated to take place in the fourth quarter of 2025, Guaranty Bank & Trust will operate as a new banking division under the name “Guaranty Bank & Trust, Division of Glacier Bank,” representing Glacier’s 18th separate bank division.

    “We are thrilled to add Guaranty Bank & Trust to the Glacier family of banks as a new banking Division,” said Randy Chesler, Glacier’s President and CEO. “This is a compelling opportunity to further expand our presence in the Southwest. Guaranty fits strategically and culturally within the unique Glacier business model and will allow us to enter a complementary state with an exceptional demographic profile, strong growth prospects, and a business-friendly operating environment. The Texas economy is estimated to be worth $2.7 trillion, and if Texas were an independent country, its economy would be the 8th largest in the world.” Chesler also noted that “This acquisition continues our long history of consistently adding high quality community banks to our proven banking model and we are very enthusiastic about the future opportunities this partnership will provide.”

    “Guaranty Bank & Trust has a 100+ year history of doing business in the State of Texas, and we are pleased to find a partner that emphasizes the relationship banking model that has been core to our success over many decades and through many business cycles,” said Ty Abston, Guaranty’s Chairman and CEO. “The opportunity to join Glacier Bancorp, which is a family of community banks that collectively share our banking philosophy, culture and character, was a perfect opportunity to position Guaranty Bank & Trust for the future. We will continue to grow and invest in our communities and our customers will be dealing with the same familiar faces, led by the same management team, in each of our markets. This partnership gives Guaranty added strength, with the support of a larger balance sheet and the resources to invest in the latest technologies and products to serve our existing and future customers. We are excited to join the Glacier family of banks and look forward to the opportunities and benefits this combination will bring to our clients, employees, communities and shareholders.”

    Glacier management will review additional information regarding the transaction on a conference call beginning at 7:00 a.m. Mountain Time on Wednesday, June 25, 2025.

    Investors who would like to join the call may now register by following this link to obtain dial-in instructions: https://register-conf.media-server.com/register/BIdfefa202793d4cf9b9b8d5068cef9318

    To participate via the webcast, log on to: https://edge.media-server.com/mmc/p/n3vugmow

    If you are unable to participate during the live webcast, the call will be archived on our website, www.glacierbancorp.com.

    A slide presentation to accompany management’s commentary may be accessed from Glacier’s June 24, 2025, Form 8-K filing with the Securities and Exchange Commission (the “SEC”) or at https://www.glacierbancorp.com/news-market-information/annual-reports-presentations.

    Glacier was advised in the transaction by Stephens Inc. as financial advisor and Miller Nash LLP as legal counsel. Guaranty was advised by Keefe Bruyette & Woods, A Stifel Company as financial advisor and Norton Rose Fulbright US LLP as legal counsel.

    About Glacier Bancorp, Inc.

    Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: Altabank (American Fork, UT), Bank of the San Juans (Durango, CO), Citizens Community Bank (Pocatello, ID), Collegiate Peaks Bank (Buena Vista, CO), First Bank of Montana (Lewistown, MT), First Bank of Wyoming (Powell, WY), First Community Bank Utah (Layton, UT), First Security Bank (Bozeman, MT), First Security Bank of Missoula (Missoula, MT), First State Bank (Wheatland, WY), Glacier Bank (Kalispell, MT), Heritage Bank of Nevada (Reno, NV), Mountain West Bank (Coeur d’Alene, ID), The Foothills Bank (Yuma, AZ), Valley Bank (Helena, MT), Western Security Bank (Billings, MT), and Wheatland Bank (Spokane, WA).
    Visit Glacier’s website at www.glacierbancorp.com.

    About Guaranty Bancshares

    Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. and has 33 banking locations across 26 Texas communities located within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the state. As of March 31, 2025, Guaranty Bancshares, Inc. had total assets of $3.2 billion, total loans of $2.1 billion and total deposits of $2.7 billion.

    Visit Guaranty’s website at www.gnty.com.

    Forward-Looking Statements

    This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “estimate,” “anticipate,” “expect,” “will,” and similar references to future periods. Such forward-looking statements include but are not limited to statements regarding the expected closing of the transaction and its timing and the potential benefits of the business combination transaction involving Glacier and Guaranty, including future financial and operating results, the combined company’s plans, objectives, expectations and intentions, and other statements that are not historical facts regarding either company or the proposed combination of the companies. These forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, that may cause actual results or events to differ materially from those projected, including but not limited to the following: risks that the proposed merger transaction will not close when expected or at all because required regulatory, shareholder or other approvals or conditions to closing are delayed or not received or satisfied on a timely basis or at all; risks that the benefits from the transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Glacier and Guaranty operate; uncertainties regarding the ability of Glacier Bank and Guaranty Bank & Trust to promptly and effectively integrate their businesses, including into Glacier Bank’s existing division structure; changes in business and operational strategies that may occur between signing and closing; uncertainties regarding the reaction to the proposed transaction of the companies’ respective customers, employees, and contractual counterparties; and risks relating to the diversion of management time on merger-related issues. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect management’s current estimates, projections, expectations and beliefs. Glacier undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report. For more information, see the risk factors described in Glacier’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings with the SEC.

    Important Information and Where You Can Find It

    This communication relates to the proposed merger transaction involving Glacier and Guaranty. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote or approval.

    In connection with the proposed merger transaction, Glacier expects to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement”) that will include a Preliminary Proxy Statement of Guaranty and a Preliminary Prospectus of Glacier, as well as other relevant documents concerning the proposed transaction. After the Registration Statement is declared effective, Guaranty will mail a Definitive Proxy Statement/Prospectus to its shareholders. This communication is not a substitute for the Proxy Statement/Prospectus or Registration Statement or for any other document that Glacier or Guaranty may file with the SEC and send to Guaranty’s shareholders in connection with the proposed merger transaction. Shareholders of Guaranty are urged to read carefully the Registration Statement and accompanying Proxy Statement/Prospectus regarding the proposed merger transaction when it becomes available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information.

    Free copies of the Proxy Statement/Prospectus included in the Registration Statement, as well as other filings containing information about Glacier, Guaranty, and the proposed transaction, may be obtained at the SEC’s Internet site (http://www.sec.gov). You will also be able to obtain these documents, free of charge, from Glacier at www.glacierbancorp.com under the tab “SEC Filings” and in the “Investors” section of GNTY’s website, www.gnty.com, under the heading “Financial Information – SEC Filings” or by requesting them in writing or by telephone from Glacier at: Glacier Bancorp, Inc., 49 Commons Loop, Kalispell, Montana 59901, ATTN: Corporate Secretary; Telephone (406) 751-7706 or by requesting them in writing or by telephone from Guaranty at: Guaranty Bancshares, Inc., 16475 Dallas Parkway, Suite 600, Addison, Texas 75001 ATTN: Corporate Secretary; Telephone (888) 572,9881.

    Participants in the Solicitation

    GBCI and GNTY and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of GNTY in connection with the proposed merger transaction. Information about the directors and executive officers of GBCI is set forth in the proxy statement for GBCI’s 2025 annual meeting of shareholders, as filed with the SEC on Schedule 14A on March 12, 2025. Information about the directors and executive officers of GNTY is set forth in the proxy statement for Guaranty’s 2025 annual meeting of shareholders, as filed with the SEC on Schedule 14A on March 31, 2025. Additional information regarding the interests of those participants and other persons who may be deemed participants may be obtained by reading the Proxy Statement/Prospectus included in the Registration Statement and other relevant documents regarding the proposed merger transaction filed with the SEC when they become available. Copies of these documents may be obtained free of charge from the sources described above.

    CONTACT: Randall M. Chesler
    (406) 751-4722

    Ron J. Copher
    (406) 751-7706

    The MIL Network –

  • MIL-OSI: 3D Systems Announces Significant Strengthening of Balance Sheet

    Source: GlobeNewswire (MIL-OSI)

    • Transactions permanently retire approximately $88 million of debt, 41% of prior balance, at a meaningful discount to par
    • Refinancing extends maturity with issuance of $92 million Convertible Senior Secured Notes due 2030
    • Repurchase of 8 million shares, representing approximately 6% of the Company’s outstanding common stock, in connection with the transaction reduces dilution for equity holders
    • Strong remaining cash reserves support completion of restructuring efforts while maintaining continuity in key growth initiatives

    ROCK HILL, S.C., June 24, 2025 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE: DDD) announced the closing of a series of strategic transactions to retire/refinance its outstanding 2026 convertible notes and repurchase shares of its common stock. The Company completed separate, privately negotiated agreements with a limited number of qualified institutional buyers to:

    • Repurchase approximately $180 million in aggregate principal amount of its outstanding 0% Convertible Senior Notes due November 15, 2026 (the “Existing Notes”) at a price of 94.6% of par, and
    • Issue $92 million aggregate principal amount of new 5.875% Convertible Senior Secured Notes due 2030 (the “New Notes”).

    In connection with these transactions, the Company has repurchased approximately 8 million shares of its common stock concurrently with the closing of the New Notes issuance. The repurchase represents approximately 6% of 3D Systems’ 136.4 million shares outstanding as of May 2, 2025.

    Following closing of these transactions, the Company’s balance sheet will reflect:

    • Approximately $35 million principal amount of the Existing Notes, due in November, 2026;
    • Approximately $92 million principal amount of the New Notes due in 2030; and
    • Approximately $140 million of cash to support debt obligations, restructuring activities and ongoing investment in key growth initiatives.

    The New Notes will mature on June 15, 2030, unless earlier converted, redeemed, or repurchased, and will bear interest at a rate of 5.875% per annum, payable semi-annually. The New Notes are convertible into shares of 3D Systems common stock at an initial conversion price reflecting a 20% premium to the Company’s last reported closing price on the New York Stock Exchange as of June 17, 2025.

    In connection with the repurchase of the Existing Notes at a discount to par, the Company expects to recognize a gain of approximately $10 million in its financial statements for the second quarter.

    Dr. Jeffrey Graves, president and CEO of 3D Systems said, “We are pleased to announce the successful completion of these refinancing transactions, which mark an important step in the continued strengthening of our capital structure. Aided by our strong cash position, the transactions immediately reduce our overall outstanding debt at an attractive discount, significantly extending our debt maturity profile, while managing potential dilution through a simultaneous share repurchase. These transactions follow those of prior periods that have reduced our total debt by over 72% since 2021, with all of the transactions executed at opportunistic periods that have offered meaningful discounts to par value. We believe the transactions position 3D Systems with enhanced financial flexibility and a stronger foundation to continue executing our strategic initiatives and driving long-term value for our shareholders.”

    This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities (including the shares of common stock, if any, into which the notes are convertible in certain circumstances), nor shall there be any offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws.

    The offer and sale of the notes and any shares of common stock issuable upon conversion of the notes have not been registered under the Securities Act of 1933, as amended, or qualified under any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration or qualification requirements.

    Advisors

    Cantor Fitzgerald & Co. acted as Financial Advisor and Sole Placement Agent of the New Notes to 3D Systems.

    Goodwin Procter LLP served as legal counsel to Cantor Fitzgerald.

    McGuireWoods LLP served as legal counsel to 3D Systems.

    Forward-Looking Statements
    Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the Company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the Company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the Company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.

    About 3D Systems
    Nearly 40 years ago, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the Company is available at www.3dsystems.com.

    Investor Contact: investor.relations@3dsystems.com
    Media Contact: press@3dsystems.com

    The MIL Network –

  • MIL-OSI: Anterix Inc. Reports Full Fiscal Year 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    WOODLAND PARK, N.J., June 24, 2025 (GLOBE NEWSWIRE) — Anterix (NASDAQ: ATEX) today announced fiscal 2025 fourth quarter and full fiscal year financial results and filed its 10-K for the year ended March 31, 2025. The Company also issued an update on its Demonstrated Intent metric which can be found on Anterix’s website at https://investors.anterix.com/events-presentations.

    Full Year FY2025 Financial and Operational Highlights

    • Appointed Scott Lang as President and Chief Executive Officer effective October 8, 2024
    • Appointed Thomas Kuhn as Executive Chairman of the Board in January 2025
    • Executed new spectrum sale agreements with Oncor Electric Delivery Company LLC (“Oncor”) for $102.5 million in June 2024 and Lower Colorado River Authority (“LCRA”) for $13.5 million in January 2025
    • Received milestone payments of $8.5 million from Ameren Corporation (“Ameren”) and $44.0 million from Oncor
    • Approximately $147 million of contracted proceeds outstanding with approximately $80 million to be received in fiscal 2026
    • Exchanged narrowband for broadband licenses in 67 counties and recorded a $22.8 million gain
    • Invested $18.1 million in spectrum clearing costs
    • Secured FCC approval of a Notice of Proposed Rulemaking to expand the current paired 3 x 3 MHz broadband segment to a paired 5 x 5 MHz broadband segment within the 900 MHz band in January 2025
    • Initiated a strategic review process after receiving inbound interest in the Company in February 2025 which remains ongoing
    • Launched the AnterixAccelerator™ industry engagement initiative in March 2025 to speed up utility adoption of private broadband networks; the program is now oversubscribed with utilities actively engaged in discussions and negotiations for $250 million in 900 MHz spectrum incentives
    • Approximately $3 billion pipeline of prospective contract opportunities across 60+ potential customers

    Fourth Quarter FY2025 Financial Highlights

    • Exchanged narrowband for broadband licenses in 47 counties and recorded a $2.0 million gain
    • Transferred four broadband licenses to Oncor and recorded an $18.3 million gain on the sale of intangible assets
    • Invested $5.5 million in spectrum clearing costs
    • Successfully identified and executed on several measures to reduce operating expenses, mainly through cuts in consulting fees and headcount costs

    Liquidity and Balance Sheet

    At March 31, 2025, the Company had no debt and cash and cash equivalents of $47.4 million. In addition, the Company had a restricted cash balance of $7.7 million in escrow deposits.

    The Company has an authorized share repurchase program for up to $250.0 million of the Company’s common stock on or before September 21, 2026. In the fiscal 2025 fourth quarter and full fiscal, Anterix had share repurchase activity of $2.0 million and $8.4 million, respectively. As of March 31, 2025, $227.7 million is remaining under the share repurchase program.

    Conference Call Information

    Anterix senior management will hold an analyst and investor conference call to provide a business update at 9:00 A.M. ET on Wednesday, June 25, 2025. Participants interested in joining the call’s live question and answer session are required to pre-register by clicking on the following link https://investors.anterix.com/events/event-details/q4-fy2025-anterix-earnings-conference-call to obtain a dial-in number and unique PIN. It is recommended that you join the call at least 10 minutes before the conference call begins. The call is also being webcast live and will be accessible on the Investor Relations section of Anterix’s website at https://investors.anterix.com/events-presentations. Following the event, a replay of the call will also be available on the Anterix website.

    About Anterix Inc.

    At Anterix, we work with leading utilities and technology companies to harness the power of 900 MHz broadband for modernized grid solutions. Leading an ecosystem of more than 125 members, we offer utility-first solutions to modernize the grid and solve the challenges that utilities are facing today. As the largest holder of licensed spectrum in the 900 MHz band (896-901/935-940 MHz) throughout the contiguous United States, plus Alaska, Hawaii, and Puerto Rico, we are uniquely positioned to enable private wireless broadband solutions that support cutting-edge advanced communications capabilities for a cleaner, safer, and more secure energy future. To learn more and join the 900 MHz movement, please visit www.anterix.com.

    Forward-Looking Statements

    Certain statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events or achievements such as statements in this press release related to Anterix’s business, financial results, outlook, or opportunities. Actual events or results may differ materially from those contemplated in this press release. Forward-looking statements speak only as of the date they are made and readers are cautioned not to put undue reliance on such statements, as they are subject to a number of risks and uncertainties that could cause Anterix’s actual future results to differ materially from results indicated in the forward-looking statement. Such statements are based on assumptions that could cause actual results to differ materially from those in the forward-looking statements, including: (i) the timing of payments under customer agreements; (ii) Anterix’s ability to clear the 900 MHz Broadband Spectrum on a timely basis and on commercially reasonable terms; (iii) Anterix’s ability to timely secure broadband licenses; (iv) Anterix’s ability to successfully commercialize its spectrum assets to its targeted utility customers in accordance with its plans and expectations; (v) Anterix’s ability to execute on its customer engagement initiatives; (vi) the timing and outcome of Anterix’s strategic review process; (vii) whether Anterix will be able to identify, develop or execute on any actions as a result of its strategic review process and (viii) competition in the market for spectrum and spectrum solutions offered by Anterix. Actual events or results may differ materially from those contemplated in this press release. Anterix’s filings with the Securities and Exchange Commission (“SEC”), which you may obtain for free at the SEC’s website at http://www.sec.gov, discuss some of the important risk factors that may affect the Company’s financial outlook, business, results of operations and financial condition. Anterix undertakes no obligation to update publicly or revise any forward-looking statements contained herein.

    Shareholder Contact

    Natasha Vecchiarelli
    Vice President, Investor Relations & Corporate Communications
    Anterix
    973-531-4397
    nvecchiarelli@anterix.com

     
     
    Anterix Inc.
    Earnings Release Tables
    Consolidated Balance Sheets
    (in thousands, except share and per share data)
     
      March 31, 2025   March 31, 2024
    ASSETS
    Current assets      
    Cash and cash equivalents $ 47,374     $ 60,578  
    Non-trade receivable   2,926       —  
    Spectrum receivable   7,107       8,521  
    Escrow deposits   547       —  
    Prepaid expenses and other current assets   2,801       3,912  
    Total current assets   60,755       73,011  
    Escrow deposits   7,103       7,546  
    Property and equipment, net   1,302       2,062  
    Right of use assets, net   4,829       4,432  
    Intangible assets   228,983       216,743  
    Deferred broadband costs   28,944       19,772  
    Other assets   1,188       1,328  
    Total assets $ 333,104     $ 324,894  
    LIABILITIES AND STOCKHOLDERS’ EQUITY
    Current liabilities      
    Accounts payable and other accrued expenses $ 9,075     $ 8,631  
    Accrued severance and other related charges   2,265       —  
    Due to related parties   30       —  
    Operating lease liabilities   1,643       1,850  
    Contingent liability   8,093       1,000  
    Deferred revenue   6,095       6,470  
    Total current liabilities   27,201       17,951  
    Operating lease liabilities   3,747       3,446  
    Contingent liability   15,336       15,000  
    Deferred revenue   118,577       115,742  
    Deferred gain on sale of intangible assets   4,911       4,911  
    Deferred income tax   6,606       6,281  
    Other liabilities   125       531  
    Total liabilities   176,503       163,862  
    Commitments and contingencies      
    Stockholders’ equity      
    Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized and no shares outstanding at March 31, 2025 and March 31, 2024   —       —  
    Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 18,612,804 shares issued and outstanding at March 31, 2025 and 18,452,892 shares issued and outstanding at March 31, 2024   2       2  
    Additional paid-in capital   548,542       533,203  
    Accumulated deficit   (391,943 )     (372,173 )
    Total stockholders’ equity   156,601       161,032  
    Total liabilities and stockholders’ equity $ 333,104     $ 324,894  
           
    Anterix Inc.
    Earnings Release Tables
    Consolidated Statements of Operations
    (in thousands, except share and per share data)
                   
      Three Months Ended March 31,   Year Ended March 31,
        2025       2024       2025       2024  
    Spectrum revenue $ 1,389     $ 1,260     $ 6,031     $ 4,191  
                   
    Operating expenses              
    General and administrative   9,220       9,593       42,671       44,423  
    Sales and support   1,594       1,728       6,110       5,693  
    Product development   1,089       2,243       5,735       5,697  
    Severance and other related charges   258       —       3,771       —  
    Depreciation and amortization   76       191       548       844  
    Operating expenses   12,237       13,755       58,835       56,657  
    Gain on exchange of intangible assets, net   (1,953 )     (1,989 )     (22,799 )     (35,024 )
    Gain on sale of intangible assets, net   (18,294 )     —       (18,294 )     (7,364 )
    Loss from disposal of long-lived assets, net   3       5       3       44  
    Income (loss) from operations   9,396       (10,511 )     (11,714 )     (10,122 )
    Interest income   446       926       2,159       2,374  
    Other income   40       44       75       233  
    Income (loss) before income taxes   9,882       (9,541 )     (9,480 )     (7,515 )
    Income tax expense (benefit)   674       (130 )     1,892       1,613  
    Net income (loss) $ 9,208     $ (9,411 )   $ (11,372 )   $ (9,128 )
    Net income (loss) per common share basic $ 0.50     $ (0.51 )   $ (0.61 )   $ (0.49 )
    Net income (loss) per common share diluted $ 0.49     $ (0.51 )   $ (0.61 )   $ (0.49 )
    Weighted-average common shares used to compute basic net income (loss) per share   18,577,700       18,483,292       18,562,446       18,765,190  
    Weighted-average common shares used to compute diluted net income (loss) per share   18,709,205       18,483,292       18,562,446       18,765,190  
                   
    Anterix Inc.
    Earnings Release Tables
    Consolidated Statements of Cash Flows
    (in thousands)
                   
      Three Months Ended March 31,   Year Ended March 31,
        2025       2024       2025       2024  
    CASH FLOWS FROM OPERATING ACTIVITIES              
    Net income (loss) $ 9,208     $ (9,411 )   $ (11,372 )   $ (9,128 )
    Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities              
    Depreciation and amortization   76       191       548       844  
    Stock compensation expense   2,912       3,483       13,531       15,507  
    Deferred income taxes   (130 )     (51 )     325       841  
    Rights of use assets   431       2,770       1,657       1,512  
    Gain on exchange of intangible assets, net   (1,953 )     (1,989 )     (22,799 )     (35,024 )
    Gain on sale of intangible assets, net   (18,294 )     —       (18,294 )     (7,364 )
    Loss from disposal of long-lived assets, net   3       5       3       44  
    Changes in operating assets and liabilities              
    Non-trade receivable   (2,926 )     —       (2,926 )     —  
    Prepaid expenses and other assets   (139 )     (1,493 )     1,126       (1,171 )
    Accounts payable and other accrued expenses   167       348       550       1,936  
    Accrued severance and other related charges   (25 )     —       2,265       —  
    Due to related parties   30       —       30       (533 )
    Operating lease liabilities   (507 )     (2,865 )     (1,960 )     (1,924 )
    Contingent liability   (4,001 )     —       5,999       15,000  
    Deferred revenue   (1,389 )     15,152       2,460       61,453  
    Other liabilities   (18 )     —       (406 )     —  
    Net cash (used in) provided by operating activities   (16,555 )     6,140       (29,263 )     41,993  
    CASH FLOWS FROM INVESTING ACTIVITIES              
    Purchases of intangible assets, including refundable deposits, retuning costs and swaps   (5,474 )     (2,222 )     (18,095 )     (17,031 )
    Proceeds from sale of spectrum   40,935       —       40,935       25,427  
    Purchases of equipment   (46 )     (40 )     (87 )     (307 )
    Net cash provided by (used in) investing activities   35,415       (2,262 )     22,753       8,089  
    CASH FLOWS FROM FINANCING ACTIVITIES              
    Proceeds from stock option exercises   1,691       770       3,651       777  
    Repurchase of common stock   (1,955 )     (5,970 )     (8,398 )     (24,676 )
    Payments of withholding tax on net issuance of restricted stock   —       (104 )     (1,843 )     (1,241 )
    Net cash used in financing activities   (264 )     (5,304 )     (6,590 )     (25,140 )
    Net change in cash and cash equivalents and restricted cash   18,596       (1,426 )     (13,100 )     24,942  
    CASH AND CASH EQUIVALENTS AND RESTRICTED CASH              
    Cash and cash equivalents and restricted cash at beginning of the year   36,428       69,550       68,124       43,182  
    Cash and cash equivalents and restricted cash at end of the year $ 55,024     $ 68,124     $ 55,024     $ 68,124  
                   

    The following tables provide a reconciliation of cash and cash equivalents and restricted cash reported on the Consolidated Balance Sheets that sum to the total of the same such amounts on the Consolidated Statements of Cash Flows:

      March 31, 2025   March 31, 2024   March 31, 2023
    Cash and cash equivalents $ 47,374     $ 60,578     $ 43,182  
    Escrow deposits   7,650       7,546       —  
    Total cash and cash equivalents and restricted cash $ 55,024     $ 68,124     $ 43,182  
               
          December 31, 2024   December 31, 2023
    Cash and cash equivalents     $ 28,797     $ 62,033  
    Escrow deposits       7,631       7,517  
    Total cash and cash equivalents and restricted cash     $ 36,428     $ 69,550  
               
    Anterix Inc.
    Earnings Release Tables
    Other Financial Information
    (in thousands except per share data)
                   
      Three Months Ended March 31,   Year Ended March 31,
        2025       2024       2025       2024  
    Number of shares repurchased and retired   50       173       245       736  
    Average price paid per share* $ 38.63     $ 33.80     $ 33.71     $ 33.72  
    Total cost to repurchase $ 1,955     $ 5,970     $ 8,398     $ 24,676  
    * Average price paid per share includes costs associated with the repurchases, excluding excise taxes associated with the share repurchases.
       

    As of March 31, 2025, $227.7 million is remaining under the share repurchase program.

    The MIL Network –

  • MIL-OSI: Farmers & Merchants Bancorp, Inc. Declares 2025 Second-Quarter Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    ARCHBOLD, Ohio, June 24, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at March 31, 2025, today announced that it has approved the Company’s quarterly cash dividend of $0.22125 per share. The second-quarter dividend is payable on July 20, 2025, to shareholders of record as of July 7, 2025.  

    For over 50 years, F&M has paid a quarterly dividend and has increased its annual dividend for 30 consecutive years reflecting the Company’s long-standing commitment to return capital to shareholders. 

    About Farmers & Merchants State 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
    Farmers & Merchants Bancorp, Inc. (“F&M”) wishes to take advantage of the Safe Harbor provisions included in the 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

    The MIL Network –

  • MIL-OSI: Farmers & Merchants Bancorp, Inc. Declares 2025 Second-Quarter Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    ARCHBOLD, Ohio, June 24, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at March 31, 2025, today announced that it has approved the Company’s quarterly cash dividend of $0.22125 per share. The second-quarter dividend is payable on July 20, 2025, to shareholders of record as of July 7, 2025.  

    For over 50 years, F&M has paid a quarterly dividend and has increased its annual dividend for 30 consecutive years reflecting the Company’s long-standing commitment to return capital to shareholders. 

    About Farmers & Merchants State 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
    Farmers & Merchants Bancorp, Inc. (“F&M”) wishes to take advantage of the Safe Harbor provisions included in the 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

    The MIL Network –

  • MIL-OSI USA: Padilla Condemns Trump Administration’s Unlawful Withholding of Federal Funding Over Immigration Policy

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla Condemns Trump Administration’s Unlawful Withholding of Federal Funding Over Immigration Policy

    WATCH: Padilla slams Trump Administration’s dangerous overreach that is harming American communitiesWASHINGTON, D.C. — U.S. Senator Alex Padilla (D-Calif.), a member of the Senate Judiciary Committee, addressed a spotlight hearing entitled, “Defending the Rights of the People: States and Congressional Allies Fight Back Against Trump’s Constitutional Abuses,” to warn against the dangers of the Trump Administration’s unprecedented withholding of federal funding over disagreements in immigration policy, which is hurting American communities, the economy, and public safety. Padilla questioned a panel of state attorneys general who are combating the Trump Administration’s egregious and unlawful actions through litigation.
    As President Trump attacks our constitutional order to advance his own interests and fails to confront political violence, the legislative branch and state governments must play a central role in defending the rule of law and protecting the American people. Padilla spoke about the importance of the legislative branch using its power to prevent the Trump Administration’s dangerous overreach. He highlighted that California contributes about $83 billion more in funding to the federal treasury than it receives, yet the Trump Administration has repeatedly targeted the state and threatened to withhold federal funding to implement their “un-American,” radical agenda.
    Padilla called out his Republican colleagues for expressing so many concerns about states’ autonomy when it comes to issues like gun ownership and reproductive rights, only to roll over as Trump has attacked blue states over political disagreements, particularly on immigration.
    “As we sit here today, we witness a Trump Administration and a Donald Trump that is running roughshod over states that he disagrees with, and it’s been curiously quiet on the other side of the aisle right now. I wonder to myself, where’s the outrage over Donald Trump’s threat to withhold funds from states … just based on any particular item of his agenda that a state disagrees with? Where’s the outrage when the Trump Administration ignores the law about spending levels that Congress, on a bipartisan basis, authorized and acted upon? Where’s the outrage when the President seeks to make it harder for eligible citizens to register and to vote?”
    “Where’s the outrage when the President sends armed forces into a state, into communities domestically, over the objections of the governor of that state, let alone local mayors and local law enforcement, all in order to stoke tensions that have already been heightened after a series of increasingly aggressive, performative, cruel immigration raids in places like restaurants, agricultural fields, construction sites?”
    Padilla blasted the Trump Administration for trying to withhold federal funding from states like California if they do not enforce the President’s cruel immigration policies, and he clarified that immigration enforcement is the job of the federal government, not of state and local law enforcement. He heard from New Jersey Attorney General Matthew Platkin about the dangers of the Trump Administration’s cuts to law enforcement funding and coordination, making communities less safe. Padilla detailed that President Trump’s deployment of National Guard troops and active-duty Marines to Los Angeles has also made local law enforcement’s job more challenging while inflaming tensions. He also emphasized that indiscriminate immigration enforcement and punishing sanctuary cities further threatens public safety by keeping immigrants from reporting crimes out of fear.
    “That’s been the situation, the concern, frankly, in Los Angeles these last couple of weeks between the increasingly cruel and extreme ICE raids and detention, immigration enforcement actions, et cetera, but the way the Administration has gone about it raises the tensions in Los Angeles over the objections of local leadership and local law enforcement, the federalization of National Guard troops, and deployment into our communities. … What I hear from local law enforcement is that it makes the job of local law enforcement harder because there’s no communication, no coordination. So not only is it unnecessary, it’s frankly counterproductive, and putting [the] general public and law enforcement officials in danger.”
    “I think there’s a big either misunderstanding, intentionally or unintentionally, of what sanctuary policy represents, because that’s what the Administration is holding against the state of California and so many others. All sanctuary means is a state or a local jurisdiction would not commit their state or local resources for the enforcement of federal immigration laws. It is a job of the federal government to enforce federal laws, not state and locals to do that work.”
    Video of Senator Padilla’s full remarks is available here.

    MIL OSI USA News –

  • MIL-OSI USA: Jayapal, Booker, and Barragán Reintroduce Legislation to Eliminate Barriers to Health Care for Immigrants

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    WASHINGTON, DC — U.S. Representative Pramila Jayapal (WA-07), Ranking Member of the Immigration Integrity, Security, and Enforcement Subcommittee, along with Senator Cory Booker (D-NJ) and Representative Nanette Barragán (CA-44), today introduced the Health Equity and Access under Law (HEAL) for Immigrant Families Act. This bicameral bill, co-sponsored by 55 members of Congress and endorsed by more than 100 organizations, removes unnecessary and cruel barriers to health care for millions of immigrants of all statuses.

    Immigrants in the United States are far more likely to be uninsured than U.S. citizens. In 2023, half of all undocumented immigrant adults and one in five lawfully present immigrant adults were uninsured. Just 6 percent of naturalized citizen adults and 8 percent of U.S.-born citizens are uninsured.

    “Health care is a human right that must be accessible to everyone — regardless of immigration status,” said Representative Jayapal. “As a proud immigrant myself, I know that the HEAL Act is a necessary first step to allow more people across America to access the health care they need to live, making all of our communities healthier. As Republicans in Congress work to strip health coverage away from millions of Americans and further decimate our already broken immigration system, we’re working to ensure everyone in this country is able to see a doctor when they need it.”

    “Everyone deserves access to comprehensive, affordable, quality care, and the HEAL Act lifts unnecessary barriers to medical care for immigrants,” said Senator Booker. “A more equitable health care system will help create healthier communities and ensure that all families, regardless of immigration status, have access to the care they need.” 

    “Access to healthcare shouldn’t depend on your immigration status,” said Representative Barragán. “Healthcare is a basic human right, and it’s time we break down the needless barriers that keep immigrant families from the care they need to survive and thrive. The HEAL Act is a step toward addressing racial health disparities and expanding quality healthcare to everyone in our communities.”

    “Withholding health care from immigrants is cruel and doesn’t make our communities safer or healthier,” said Senator Warren. “While the Trump administration continues playing political games with immigrant families, Democrats are fighting to make sure a person’s immigration status doesn’t prevent them from getting life-saving care.”

    “As the Trump Administration guts access to health care and basic services for immigrant communities, breaking down barriers to health care for immigrants isn’t just the right thing to do — it’s critical for protecting our public health and economy,” said Senator Padilla. “California is the fourth-largest economy in the world not despite immigrants, but because of their contributions to our workforce. Everyone deserves access to affordable, quality health care no matter their immigration status, and I will keep fighting to continue expanding coverage for these hardworking members of our communities.”

    The HEAL for Immigrant Families Act will:

    • Restore Medicaid and Children’s Health Insurance Program (CHIP) eligibility to lawfully present immigrants;
    • Remove discriminatory Medicare restrictions based on length of U.S. residency for green card holders;
    • End the exclusion of undocumented immigrants from Affordable Care Act (ACA) marketplaces
    • Ensure access to public and affordable coverage for Deferred Action Childhood Arrivals (DACA) recipients;
    • Create a state option to expand Medicaid and CHIP to immigrants regardless of immigration status.

    “Rep. Jayapal and Sen. Booker continue to be courageous and powerful champions for immigrant communities by reintroducing the HEAL for Immigrant Families Act,” said Lupe M. Rodríguez, executive director, National Latina Institute for Reproductive Justice. “While immigrant families are currently being attacked and torn apart, this bill promotes a vision for what we want for our collective future. A future that supports immigrant communities by removing long standing systemic barriers to health coverage to help our communities access affordable health care. We are especially grateful that Sen. Booker and Rep. Jayapal are introducing this critical legislation today as we mark three years since the Dobbs v. Jackson Women’s Health Organization decision that overturned the constitutional right to abortion. That decision has disproportionately harmed immigrant communities, for whom abortion bans, misinformation, and the threat of being detained and separated from our families has increased the barriers that keep us from getting the health care we need,” said Lupe M. Rodríguez, Executive Director, National Latina Institute for Reproductive Justice. “We urge Congress to protect immigrant communities and pass this bill.”

    “The reproductive justice movement teaches us that true justice means being able to have children, not have children, and raise our families in safe, supportive communities,” said Sung Yeon Choimorrow, executive director, National Asian Pacific American Women’s Forum (NAPAWF). “None of that is possible without health care. In a country that has always been shaped by immigrants, we cannot keep allowing people and families, including the Asian American immigrants who make up more than a quarter of immigrants in the U.S., to be shut out from basic health care because of harmful, outdated policies. These are our mothers, our sisters, and our neighbors. The HEAL Act tears down the barriers facing our communities and reaffirms that everyone deserves the right to care, regardless of background, income, or immigration status.”

    “Everyone deserves access to health care, no matter who they are or where they come from,” said Alexis McGill Johnson, president and CEO, Planned Parenthood Action Fund. “It is unacceptable and cruel that many are denied affordable, high-quality, and comprehensive health care because of their immigration status. Amid the ongoing attacks on our immigrant communities and our health care, I thank Reps. Jayapal and Barragán and Senator Booker for reintroducing this critical bill that would break down unjust barriers to care for our immigrant families.”

    “As a physician, I’ve witnessed the barriers immigrant families face when trying to access health care. Insurance coverage is a cornerstone of meaningful access; without it, care remains out of reach for too many,” said Dr. Jamila Perritt, MD, MPH, FACOG, President and CEO, Physicians for Reproductive Health. “At a time when attacks on immigrant communities are escalating, we must act now to ensure that everyone—regardless of status—has the right to timely, compassionate, and comprehensive health care. That’s why I join physicians across the country in calling for a swift passage of the HEAL Act. Expanding health coverage to immigrant communities ensures they receive the care they deserve, regardless of their immigration status. Health is a human right and no one should be excluded from receiving healthcare. Congress must pass HEAL – our patients are counting on it.”

    “With immigrant families under constant attack, it’s more important than ever to work toward a better, more inclusive future when everyone can get the care we all need,” said Adriana Cadena, campaign director, Protecting Immigrant Families Coalition. “We are proud to champion the HEAL Act – a critical step toward that better future.” 

    “Now more than ever, it is critical to affirm that everyone—including immigrants—should have access to health care coverage,” said Wendy Cervantes, Director, Immigration and Immigrant Families, CLASP. “Immigrants already face many restrictions to such care and an onslaught of attacks on them and their families’ health and well-being, ranging from the fear created by the Administration’s mass deportation efforts to the deeply harmful budget reconciliation bill currently under consideration. The HEAL for Immigrant Families Act is a critical step in moving us back in the right direction by giving children and families access to the health care they need to thrive. CLASP is grateful to Representative Jayapal and Senator Booker for their leadership in promoting a vision that supports health care for all.”

    The legislation is also co-sponsored by U.S. Representatives Becca Balint (VT-AL), Donald S. Beyer, Jr. (VA-08), Suzanne Bonamici (OR-01), Salud Carbajal (CA-24), André Carson (IN-07), Troy Carter (LA-02), Greg Casar (TX-35), Kathy Castor (FL-14), Joaquin Castro (TX-20), Sheila Cherfilus-McCormick (FL-20), Judy Chu (CA-28), Jasmine Crockett (TX-30), Suzan DelBene (WA-01), Maxine Dexter (OR-03), Lloyd Doggett (TX-37), Adriano Espaillat (NY-13), Maxwell Frost (FL-10), Jesús “Chuy” García (IL-04), Robert Garcia (CA-42), Sylvia Garcia (TX-29), Jimmy Gomez (CA-34), Jared Huffman (CA-02), Jonathan L. Jackson (IL-01), Sara Jacobs (CA-51), Henry C. “Hank” Johnson, Jr. (GA-04), Ro Khanna (CA-17), Raja Krishnamoorthi (IL-08), Teresa Leger Fernández (NM-03), Ted Lieu (CA-36), Jennifer McClellan (VA-04), James P. McGovern (MA-02), Gwen Moore (WI-04), Jerry Nadler (NY-12), Eleanor Holmes Norton (DC), Ilhan Omar (MN-05), Jimmy Panetta (CA-19), Mark Pocan (WI-02), Ayanna Pressley (MA-07), Delia Ramirez (IL-03), Andrea Salinas (OR-06), Jan Schakowsky (IL-09), Terri Sewell (AL-07), Lateefah Simon (CA-12), Melanie Stansbury (NM-01), Marilyn Strickland (WA-10), Shri Thanedar (MI-13), Rashida Tlaib (MI-12), Juan Vargas (CA-52), Nydia M. Velázquez (NY-07), Debbie Wasserman Schultz (FL-25), Bonnie Watson Coleman (NJ-12), Nikema Williams (GA-05), and Frederica S. Wilson (FL-24), and U.S. Senators Martin Heinrich (D-NM), Elizabeth Warren (D-MA), Alex Padilla (D-CA), Patty Murray (D-WA), Mazie Hirono (D-HI), Bernie Sanders (I-VT), Edward Markey (D-MA), and Richard Blumenthal (D-CT).

    The legislation is endorsed by AAPI Equity Alliance; AAPI NJ; Advocates for Youth; AFL-CIO; Alianza Nacional de Campesinas; All* Above All; Alliance of Filipinos for Immigrant Rights and Empowerment; American Civil Liberties Union (ACLU); American College of Obstetricians and Gynecologists; American Muslim Health Professionals (AMHP); Amica Center for Immigrant Rights; Arkansas Black Gay Men’s Forum; Asian & Pacific Islander American Health Forum (APIAHF); Asian American Federation of Florida; Asian Americans United (AAU); Asian Caribbean Exchange; Asian Pacific Institute on Gender-Based Violence; Asian Pacific Islanders Civic Action Network, Massachusetts; Asian Texans for Justice Action Fund; ASISTA; Association of Asian Pacific Community Health Organizations; Autistic Women & Nonbinary Network; Ayuda; CA LGBTQ Health and Human Services Network; California Partnership to End Domestic Violence; CASA; Catholics for Choice; Center for Gender & Refugee Studies; Center for Human Rights and Constitutional Law; Center for Law and Social Policy (CLASP); Center for Reproductive Rights; Center for Victims of Torture; Children’s HealthWatch; Cleveland Jobs with Justice; Coalition for Humane Immigrant Rights (CHIRLA); Coalition on Human Needs; Coalition to Abolish Slavery and Trafficking; Community Catalyst; Doctors for America ; End SIJS Backlog Coalition; Equality California; Esperanza United; First Focus Campaign for Children; Florida Asian Services ; Freedom Network USA; Georgia Conservation Voters; Global Refugee Awareness Healing Center; Global Urban Cultural Community; Guttmacher Institute; Haven Services Inc. dba Haven Neighborhood Servic; Health Action New Mexico; Healthy Teen Network; Her Justice ; Hispanic Federation; Ibis Reproductive Health; ICAH (Illinois Caucus for Adolescent Health); Immigrant Legal Resource Center; Immigrant Welcome Network Johnson County; Immigration Institute of the Bay Area; In Our Own Voice: National Black Women’s Reproductive Justice Agenda ; Inclusive Counseling; Indivisible; Institute for Women’s Policy Research; Ipas US; Jacobs Institute of Women’s Health; Justice for Migrant Women; Justice in Aging; KAN-WIN; Kids in Need of Defense (KIND); Labor Council for Latin American Advancement (LCLAA); Laotian American National Alliance (LANA); Latino; Legal Voice; Maine Equal Justice; MANA, A National Latina Organization; Midwest Access Coalition; Moonbow; National Abortion Federation; National Asian American Pacific Islander Mental Health Association (NAAPIMHA); National Asian Pacific American Women’s Forum (NAPAWF); National Association of Nurse Practitioners in Women’s Health; National Council of Jewish Women; National Employment Law Project; National Family Planning & Reproductive Health Association; National Health Care for the Homeless Council; National Health Law Program; National Immigration Law Center; National Korean American Service and Education Consortium; National Latina Institute for Reproductive Justice; National Network of Abortion Funds; National Network To End Domestic Violence ; National Organization for Women ; National Partnership for New Americans; National Partnership for Women & Families; National Queer Asian Pacific Islander Alliance; National Women’s Law Center Action Fund; NIRH Action Fund; NIWAP, Inc.; Northwest Health Law Advocates (NoHLA); Oasis Legal Services; OCA South Florida Chapter; Our Justice; Oxfam America; People Power United; Physicians for Reproductive Health; Planned Parenthood Federation of America; Plascencia Consulting; Population Connection Action Fund; Positive Women’s Network-USA; Power to Decide; PowHerNY; Prevention Institute; Protecting Immigrant Families; QASPIRA Association; Religious Community for Reproductive Choice; Reproductive Freedom For All; Reproductive Health Access Project; Reproductive Justice Action Collective (ReJAC); Sadhana: Coalition of Progressive Hindus; Sarin Gal; Shriver Center on Poverty Law; SIECUS: Sex Ed for Social Change; Sikh American Legal Defense and Education Fund (SALDEF); SiX Action; South Asian Public Health Association (SAPHA); South Asian SOAR; State Voices Florida; Survivor Justice Center; The Children’s Partnership; The National Association of Nurse Practitioners in Women’s Health (NPWH); The TransLatin@ Coalition; UCSF Bixby Center for Global Reproductive Health; UnidosUS; Union for Reform Judaism; United Parent Leaders Action Network; URGE: Unite for Reproductive & Gender Equity; Voices for Utah Children; Women of Reform Judaism; Women’s Law Project; Women’s Refugee Commission.

    Issues: Health Care, Immigration

    MIL OSI USA News –

  • MIL-Evening Report: Global rankings fuel hype, but students have more to consider when choosing a uni

    Source: The Conversation (Au and NZ) – By Kylie Message, Professor of Public Humanities and Director of the ANU Humanities Research Centre, Australian National University

    At this time of year, many year 12 students are seriously turning their minds to the future. Should they go to university next year? If so, which one?

    June is also the start of the global ranking season. Last week saw the release of the QS Quacquarelli Symonds 2026 world university rankings, amid reports of a “wake-up call” for Australian universities. About 70% of Australian universities fell in the rankings albeit only by small margins.

    Should students be worried about this? What should they – and the rest of us – understand about global rankings?

    What are rankings?

    Global university rankings aim to evaluate all universities in the world through a a single comparative framework.

    Apart from QS, other high-profile global rankings include those by Shanghai Ranking and the Times Higher Education.

    Each ranking system has a slightly different focus and methodology.

    QS looks at student-to-staff ratios, student employability, the reputation of the university as an employer, sustainability, global engagement and academic citations. It also ranks specific subjects across universities, which can be helpful if you want to know about the quality of teaching in a particular discipline or field.

    It is comprehensive. QS included 36 of Australia’s 43 universities in their latest assessment. These universities were also compared to more than 1,400 other institutions across 105 other countries.

    What impact do rankings have?

    These rankings are promoted as objective indicators and markers of prestige. They can be very influential in terms of attracting potential donors and students.

    One analysis suggests academic rankings are more influential than are research results for attracting philanthropic investment in Australian universities.

    The rankings can also directly affect the resources available for students.

    We know rankings can influence where international students (and the resources that accompany them) go. Australian universities have long relied on fees from international students to support funding shortfalls.

    Rankings are not everything

    But global rankings have many critics. They may include a lot of information but this is not necessarily what students in diverse situations and locations need.

    The rankings also do not reflect how much time and how many resources some universities put into the information that goes back to the ranking process.

    In November 2023, an independent expert group, convened by the United Nations issued a statement criticising the rankings system.

    It said “the very idea of global university rankings is fundamentally flawed”.

    It is simply not possible to produce a fair and credible global league table of universities given their multiple missions and their diverse social, economic and political contexts around the world.

    It also noted the rankings advantaged “historically privileged institutions”.

    The statement also said there was a bias towards the English language, certain types of research, and science, technology, engineering and mathematics (STEM) subjects. “This undermines the importance of teaching and of the humanities and social sciences,” it said.

    A bias against regional unis?

    The rankings also do not favour regional universities, which is particularly relevant for Australian students.

    The QS 2026 survey shows four regional Australian universities slipped in rank and all are positioned outside the global top 400.

    This shows how global rankings are a blunt instrument and don’t account for the broader place of universities in regional areas. Here they play a vital role in their communities, driving economic growth and providing essential services.

    What should prospective students consider?

    Although universities within countries are ranked as better or worse than each other in a global league table, it is important to recognise specific national factors are not considered in the rankings. And individual student experience is rarely taken into account.

    Student experience includes the quality of teaching and the types of support individuals have access to, as well as the facilities and the culture on and around campus. We also know student experience continues to be affected by loneliness in the post-Covid era.

    So prospective students should be careful when it comes to making a decision about where to go to university. Rankings are a useful tool but so is talking to friends and family and going to open days.

    More than anything else, Year 12 students should know this is not the most important decision of their lives. They can take a gap year or change degrees. In fact many students do one or both of these things.

    Kylie Message does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Global rankings fuel hype, but students have more to consider when choosing a uni – https://theconversation.com/global-rankings-fuel-hype-but-students-have-more-to-consider-when-choosing-a-uni-259443

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Hagerty, Tim Scott, Lummis, Tillis Release Principles for Market Structure Legislation

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty

    WASHINGTON—Today, United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, joined Senators Tim Scott (R-SC), Chairman of the Senate Banking Committee, Cynthia Lummis (R-WY), and Thom Tillis (R-NC) in releasing a set of principles for the development of comprehensive market structure legislation. These principles will guide discussions and negotiations as the senators engage with industry participants, legal and academic experts, and government stakeholders on the bill text.

    “For too long, a lack of clear regulatory authority has forced digital asset innovation beyond our borders and subjected issuers, exchanges, and developers to crippling uncertainty,” said Senator Hagerty. “By working towards a reasonable, light-touch market structure framework, we can help bolster our nation’s economy and protect American consumers.”

    “Since taking over as Chairman, I’ve led a new approach to digital assets regulation, and we’ve delivered results for the industry and the American people,” said Chairman Scott. “We have more work to do, and I look forward to building on the success of the GENIUS Act and advancing market structure legislation here in the Senate. These principles will serve as an important baseline for negotiations on this bill, and I’m hopeful my colleagues will put politics aside and provide long-overdue clarity for digital asset regulation.”

    “America desperately needs digital asset legislation that promotes responsible innovation and protects consumers,” said Senator Lummis. “While the European Union and Singapore have established clear regulations, the U.S. continues to sit on the sidelines while the digital asset industry seeks greener pastures. That changes today. I am partnering with Chairman Scott to provide principles for market structure legislation to finally draw the line between a security and a commodity and ensure the U.S. remains at the helm of global financial advancement.”

    “As Congress considers a regulatory framework for digital assets, our top priority must be providing legal clarity and certainty without stifling innovation,” said Senator Tillis. “These principles strike the right balance by protecting consumers, promoting innovation, and clearly defining the roles of regulators in a rapidly evolving market.”

    The market structure principles state:

    Legislation Should Clearly Define the Legal Status of Digital Assets

    • A clear, economically rational line distinguishing digital asset securities from digital asset commodities should be fixed in statute, contemplating existing law and providing predictability, enhanced legal precision, and much-needed regulatory certainty.

    Jurisdiction Should Be Clearly Allocated Among Regulators

    • Regulatory authority should be clearly allocated in statute, preventing an all-encompassing regulator from emerging.
    • Legislation should acknowledge that not all distributed ledger technology should be regulated equally.
      • Legislation should recognize the different risks and benefits between centralized firms, decentralized finance protocols, and non-custodial software platforms.
      • For similar reasons, self-custody of digital assets should be explicitly preserved.
      • Likewise, the use of distributed ledger technology and smart contracts for other, non-financial purposes, such as to manage health data, should not be regulated like financial products.

    Regulation Should be Modernized to Foster Innovation

    • Regulations should be modernized to account for the unique nature of digital assets and distributed ledger technology.
      • A new SEC exemption for certain digital asset fundraising should be included in legislation.
      • The SEC should revisit its burdensome registration requirements for digital asset issuers, and instead provide a clear, appropriately tailored pathway to compliance for good faith, innovative actors.
      • Clear, pro-innovation principles regarding the trading of digital assets on the secondary market should be established.
    • Legislation should not apply principles designed for centralized firms to decentralized protocols.
      • Tokenization should be recognized as an evolution of financial infrastructure that enhances efficiency, transparency, and liquidity, rather than a fundamental change to the nature of the underlying asset.

    Regulation Should Protect Those Who Purchase or Trade Digital Assets

    • Centralized digital asset intermediaries should be subject to innovation-friendly registration and risk management requirements similar to that of other centralized intermediaries today.
      • Requirements could include illicit finance compliance, clear and right-sized capital, custody and segregation requirements, and appropriate enforcement authority.
    • Legislation should also ensure that customer funds are protected during bankruptcy.

    Illicit Finance Measures Should Be Targeted and Pro-Innovation

    • A small, common-sense package of measures directed at preventing money laundering and sanctions evasion with digital assets should be included.
    • Potential provisions can and should be targeted and pro-innovation. This could include requiring the adoption of examination standards and clarifying that the Bank Secrecy Act and International Emergency Economic Powers Act (IEEPA) extends to entities abroad with U.S. touchpoints.
    • Reforms should also consider the ways digital assets and distributed ledger technology can improve transparency, efficiency, and the detection of illicit activity, including money laundering.

    Federal Financial Regulators Should Welcome Responsible Innovation

    • Federal financial regulators should take common-sense steps to respond to responsible innovation, including potentially through increased use of no-action guidance, sandboxes, safe harbors, coordination, and appropriate application requirements.
    • Federal financial regulators should provide clear guidance affirming that many crypto-related activities are permissible for banks and other financial institutions, provided they do not threaten the safety and soundness of the institution.
    • Clear guidance will also improve and better enforcement by establishing well-defined rules and expectations, fostering accountability, and enabling consistent application of regulations, leading to better understanding and compliance.

    MIL OSI USA News –

  • MIL-OSI USA: Booker, Merkley, Schumer, Wyden Call on Congressional Leadership to Backtrack on Devastating Health Care Cuts That Will Saddle More Working Families with Medical Debt

    US Senate News:

    Source: United States Senator for New Jersey Cory Booker

    WASHINGTON, D.C. –  U.S. Senator Cory Booker (D-NJ) along with Senator Jeff Merkley (D-OR), Ranking Member of the Senate Budget Committee, and Democratic Leader Chuck Schumer (D-NY), and Senator Ron Wyden (D-OR) called on Speaker of the House Mike Johnson (R-LA) and Senate Majority Leader John Thune (R-SD) to reconsider the devastating health care cuts in the House-passed “One Big, Beautiful Bill.” Recent analysis published by Third Way, a centrist think tank, shows that nearly 5.4 million American people – including 2.2 million people on Medicaid and 3.2 million people with coverage through the Affordable Care Act Marketplaces – will go into medical debt. In addition, the medical debt totals for American households will increase by $50 billion—a 15% jump.

    “According to a recent Gallup survey, 31 million Americans report having to borrow nearly $74 billion between 2023 and 2024 to pay for health care, and 58 percent of Americans believe they would experience medical debt if faced with a health event. All of which would be exacerbated by the proposed health care cuts,” wrote the senators.

    “The impact is significant to individuals and to our economy. Medical debt makes it more difficult for individuals to accumulate good credit and access stable housing. Survey data indicates that more than a third of adults with medical debt report negative credit score impacts, and some report losing their homes through foreclosure or eviction as a result. In addition, medical debt decreases consumer spending, which would hinder economic growth, at a time when economists estimate a 40 percent probability the U.S. enters a recession in 2025,” the senators continued.

    To read the full text of the letter, click here.

    MIL OSI USA News –

  • MIL-OSI Canada: So Alberta, what’s next?

    [.

    Chaired by Premier Danielle Smith, the Alberta Next panel will bring together a broad mix of leaders, experts, and community voices to gather input, discuss solutions, and provide feedback to government on how Alberta can better protect its interests, defend its economy, and assert its place in Confederation.

    The panel will consult across the province over the summer and early fall to ensure that those living, working, doing business and raising families are the ones to drive Alberta’s future forward. The work will include identifying solutions advanced by Albertans on how to make Alberta stronger and more sovereign within a united Canada that respects and empowers the province to achieve its full potential. It will also include making recommendations to the government on potential referendum questions for Albertans to vote on in 2026.

    It will consider and hear from Albertans on the risks and benefits of ideas like a establishing an Alberta Pension Plan, using an Alberta Provincial Police Service rather than the RCMP for community policing, whether Albertans should consider pursuing constitutional changes, which (if any) changes to federal transfer payments and equalization Albertans should demand of the federal government, potential immigration reform that would give the provincial government more oversight into who comes to the province, and changes to how Alberta collects personal income tax. Albertans will also have the opportunity to put forward their own ideas for discussion.

    “This isn’t just about talk. It’s about action. The Alberta Next Panel is giving everyday Albertans a direct say in the direction of our province. It’s time to stand up to Ottawa’s overreach and make sure decisions about Alberta’s future are made here, by the people who live and work here.”

    Danielle Smith, Premier

    “Right now, there is a need to restore fairness and functionality in the country. Years of problematic policy and decisions from Ottawa have hurt Albertan and Canadian prosperity. I am honoured to be asked by Premier Smith to participate in the Alberta Next Panel. This panel is about listening to Albertans on how we build a stronger Alberta within a united Canada, to which I, and the Business Council of Alberta, are firmly committed.”

    Adam Legge, president of the Business Council of Alberta

    Chaired by Premier Danielle Smith, the panel includes 13 additional members, including elected officials, academics, business leaders and community advocates:

    • Honourable Rebecca Schulz, Minister of Environment and Protected Areas of Alberta
    • Brandon Lunty, MLA for Leduc-Beaumont
    • Glenn van Dijken, MLA for Athabasca-Barrhead-Westlock
    • Tara Sawyer, MLA-elect for Olds-Didsbury-Three Hills
    • Bruce McDonald, former justice, Court of Appeal of Alberta
    • Trevor Tombe, director of fiscal and economic policy, the University of Calgary School of Public Policy
    • Adam Legge, president, Business Council of Alberta
    • Andrew Judson, vice chairman (prairies), Fraser Institute
    • Sumita Anand, vice president, Above and Beyond Care Services
    • Melody Garner-Skiba, business and agricultural advocate
    • Grant Fagerheim, president and CEO, Whitecap Resources Inc.
    • Dr. Akin Osakuade, physician and section chief, Didsbury Hospital
    • Dr. Benny Xu, community health expert
    • Michael Binnion, president, Questerre Energy

    Albertans have a choice: let Ottawa continue calling the shots—or come together to chart our own course. What’s next? You decide.

    Key facts:

    • Town hall dates and sites, along with other opportunities to participate in this engagement, are available online at Alberta.ca/Next. Exact locations will be posted in the weeks ahead of the event, and Albertans will be asked to RSVP online.
    • The panel’s recommendations will be submitted to government by Dec. 31, 2025.
    • It is anticipated that the panel will add additional members in the coming weeks.

    Related information

    • Alberta.ca/Next
    • Panel member biographies

    Related news

    • Alberta Next: Albertans to choose path forward (May 5, 2025)

    Multimedia

    • Watch the news conference

    MIL OSI Canada News –

  • MIL-OSI: Can’t Predict XRP’s Next Move? PFMCrypto Offers Daily Income With XRP Mining Contract and $10 Welcome Bonus

    Source: GlobeNewswire (MIL-OSI)

    Farington, England, June 24, 2025 (GLOBE NEWSWIRE) — As XRP continues trading within a narrow range between $2.00 and $2.50, many crypto enthusiasts are asking the same question: “What now?” While long-term growth remains the goal, PFMCrypto offers a practical solution for short-term gains with the launch of its 1-day XRP cloud mining contract—perfect for users who want to put their holdings to work without waiting for the next market breakout. Best of all, first-time users receive a $10 bonus, allowing them to start earning daily XRP at no cost.

    Get started now at https://pfmcrypto.net

    Earn in 24 Hours—No Hardware, No Delay

    Traditional mining is often out of reach for the average user due to the high costs and technical setup required. PFMCrypto changes that with a fully cloud-based platform powered by proprietary infrastructure and AI-enhanced algorithms. The newly released 1-day XRP contract is the platform’s most beginner-friendly offer, enabling users to mine using just their signup bonus and collect $0.66 in XRP within a day—no financial risk, no equipment needed.

    Instead of waiting for price movement, investors can now generate predictable income while staying actively involved in the XRP ecosystem.

    Key Features of the PFMCrypto XRP Cloud Mining Contracts

    –  No Hardware Required: Accessible to all users without mining equipment or technical setup

    –  Daily Payouts: Earn mining rewards daily based on your contract participation

    –  Secure Custody: Assets are protected with PFMCrypto’s industry-grade security standards

    –  Flexible Contract Terms: Choose short-, mid-, or long-term options to match your investment strategy

    Smart Mining Plans for Every Budget

    PFMCrypto offers a wide range of cloud mining contracts to accommodate different financial goals and strategies—from risk-free entry plans to higher-yield options:

    $10 Plan – 1 Day – Earn $0.66 (free with registration)

    $100 Plan – 2 Days – Earn $3.00 daily + $2 bonus

    $1,000 Plan – 9 Days – Earn $13.10 daily

    $5,000 Plan – 30 Days – Earn $78.50 daily

    These options are ideal for XRP holders who want to grow their portfolio during market consolidation periods—without engaging in risky speculation.

    Click here to view the $1,000 XRP mining plan.

    What Makes PFMCrypto’s XRP Contracts Unique?

    –  100% Remote Access: No hardware, no technical skills—just log in and activate your plan.

    –  Capital Protection: Contracts guarantee full principal return at maturity.

    –  AI-Driven Profitability: Smart optimization ensures returns even during price stagnation.

    –  Daily Rewards: Predictable XRP payouts improve cash flow and reduce volatility risks.

    How to start mining XRP on PFMCrypto in minutes

    1. Create a Free Account – Instantly receive $10 bonus + $0.66 daily login reward
    2. Choose a Contract – Activate the 1-day plan or explore other options
    3. Start Mining Automatically – Sit back and watch daily XRP rewards roll in

    A smarter way to hold XRP: Get Paid During Market Consolidation

    Since 2018, PFMCrypto has helped decentralize access to crypto mining by offering an intelligent, automated, and eco-friendly platform. Users can mine XRP, BTC, ETH, BCH, SOL, and DOGE without technical barriers, making crypto income accessible to all.

    “XRP’s next big move may take time—but earning daily doesn’t have to,” said a PFMCrypto representative. “With our new XRP Mining contracts, users can build passive returns while the market prepares for its next chapter.”

    Whether you’re new to crypto or a seasoned XRP holder, now’s the time to turn every day into a profit opportunity.

    Start your journey at: https://pfmcrypto.net

    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.

    The MIL Network –

  • MIL-OSI: Can’t Predict XRP’s Next Move? PFMCrypto Offers Daily Income With XRP Mining Contract and $10 Welcome Bonus

    Source: GlobeNewswire (MIL-OSI)

    Farington, England, June 24, 2025 (GLOBE NEWSWIRE) — As XRP continues trading within a narrow range between $2.00 and $2.50, many crypto enthusiasts are asking the same question: “What now?” While long-term growth remains the goal, PFMCrypto offers a practical solution for short-term gains with the launch of its 1-day XRP cloud mining contract—perfect for users who want to put their holdings to work without waiting for the next market breakout. Best of all, first-time users receive a $10 bonus, allowing them to start earning daily XRP at no cost.

    Get started now at https://pfmcrypto.net

    Earn in 24 Hours—No Hardware, No Delay

    Traditional mining is often out of reach for the average user due to the high costs and technical setup required. PFMCrypto changes that with a fully cloud-based platform powered by proprietary infrastructure and AI-enhanced algorithms. The newly released 1-day XRP contract is the platform’s most beginner-friendly offer, enabling users to mine using just their signup bonus and collect $0.66 in XRP within a day—no financial risk, no equipment needed.

    Instead of waiting for price movement, investors can now generate predictable income while staying actively involved in the XRP ecosystem.

    Key Features of the PFMCrypto XRP Cloud Mining Contracts

    –  No Hardware Required: Accessible to all users without mining equipment or technical setup

    –  Daily Payouts: Earn mining rewards daily based on your contract participation

    –  Secure Custody: Assets are protected with PFMCrypto’s industry-grade security standards

    –  Flexible Contract Terms: Choose short-, mid-, or long-term options to match your investment strategy

    Smart Mining Plans for Every Budget

    PFMCrypto offers a wide range of cloud mining contracts to accommodate different financial goals and strategies—from risk-free entry plans to higher-yield options:

    $10 Plan – 1 Day – Earn $0.66 (free with registration)

    $100 Plan – 2 Days – Earn $3.00 daily + $2 bonus

    $1,000 Plan – 9 Days – Earn $13.10 daily

    $5,000 Plan – 30 Days – Earn $78.50 daily

    These options are ideal for XRP holders who want to grow their portfolio during market consolidation periods—without engaging in risky speculation.

    Click here to view the $1,000 XRP mining plan.

    What Makes PFMCrypto’s XRP Contracts Unique?

    –  100% Remote Access: No hardware, no technical skills—just log in and activate your plan.

    –  Capital Protection: Contracts guarantee full principal return at maturity.

    –  AI-Driven Profitability: Smart optimization ensures returns even during price stagnation.

    –  Daily Rewards: Predictable XRP payouts improve cash flow and reduce volatility risks.

    How to start mining XRP on PFMCrypto in minutes

    1. Create a Free Account – Instantly receive $10 bonus + $0.66 daily login reward
    2. Choose a Contract – Activate the 1-day plan or explore other options
    3. Start Mining Automatically – Sit back and watch daily XRP rewards roll in

    A smarter way to hold XRP: Get Paid During Market Consolidation

    Since 2018, PFMCrypto has helped decentralize access to crypto mining by offering an intelligent, automated, and eco-friendly platform. Users can mine XRP, BTC, ETH, BCH, SOL, and DOGE without technical barriers, making crypto income accessible to all.

    “XRP’s next big move may take time—but earning daily doesn’t have to,” said a PFMCrypto representative. “With our new XRP Mining contracts, users can build passive returns while the market prepares for its next chapter.”

    Whether you’re new to crypto or a seasoned XRP holder, now’s the time to turn every day into a profit opportunity.

    Start your journey at: https://pfmcrypto.net

    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.

    The MIL Network –

  • MIL-OSI: Ethereum (ETH) Whale Allocates $250K to Little Pepe (LILPEPE) Presale as Stage 3 Gains Momentum

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 24, 2025 (GLOBE NEWSWIRE) — On-chain activity has revealed that a major Ethereum holder has allocated approximately $250,000 into the ongoing presale of Little Pepe ($LILPEPE), a Layer 2 meme-chain currently in its third fundraising stage. This strategic purchase follows the whale’s recent divestment of ETH into Shiba Inu (SHIB), further signaling renewed interest in Ethereum-native meme ecosystems.

    The wallet, known to hold over $17 million in ETH-based assets, moved 1,400 ETH to a centralized exchange earlier this month. Shortly after, a portion of the funds was directed into SHIB, while a separate tranche was allocated directly into Little Pepe’s presale wallet, according to blockchain explorers.

    The transaction coincides with a strong presale performance by Little Pepe, which has already raised over $1.7 million across its funding rounds and sold more than 1.5 billion tokens. The current token price stands at $0.0012, with the next increase scheduled for the upcoming stage. The investment by a high-value ETH holder has drawn attention to the project’s growing momentum ahead of its initial exchange listings.

    What Is Little Pepe?

    Little Pepe is building a dedicated Layer 2 blockchain optimized for meme coin creation, deployment, and trading. The network is designed to offer ultra-low transaction fees, EVM compatibility, bot-resistant mechanics, and an in-house launchpad called Pepe’s Pump Pad. These features aim to provide a seamless and secure environment for meme-based crypto innovation.

    According to the project’s roadmap, a testnet release is expected in Q3 2025, followed by validator onboarding and integrations with key decentralized applications. The $LILPEPE token will serve as the gas currency and governance asset of the chain.

    $777,000 Giveaway and Community Campaign

    To boost user engagement and support adoption, Little Pepe is also running a $777,000 giveaway campaign. Participants who contribute at least $100 to the presale and complete a set of simple social media tasks—such as following the project on X (formerly Twitter), joining the Telegram group, and tagging friends—will become eligible for prize pool entries. Ten winners will be awarded $77,000 worth of LILPEPE each.

    The campaign has been widely shared across crypto communities, helping drive awareness and attracting both retail investors and larger holders.

    A Strategic Shift Toward Infrastructure-Driven Meme Projects

    While meme coins have traditionally risen on the back of viral narratives, the emergence of Layer 2 chains like Little Pepe suggests a shift toward utility-backed meme ecosystems. With early adoption from notable Ethereum holders and continued presale growth, Little Pepe is positioning itself not just as a token, but as an infrastructure layer for meme finance.

    Learn More:

    Contact Details:
    James Stephen
    media@littlepepe.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3c68bf30-414e-4de7-acc6-54dd4496a1eb

    The MIL Network –

  • MIL-OSI USA: Cortez Masto, McCormick Push for Stronger Oversight to Prevent Currency Manipulation by Communist China

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto (D-Nev.) and Dave McCormick (R-Penn.) introduced the China Exchange Rate Transparency (CERT) Act, which would direct the U.S. Executive Director at the IMF to advocate for enhanced transparency in China’s exchange rate arrangements at the International Monetary Fund (IMF). The bill also calls for stricter oversight of China’s compliance with its commitments under the IMF’s Articles of Agreement which prohibit countries from manipulating currencies.
    “As we work and trade with countries all around the world, it’s critical that every nation follows the same rules that make our global system fair,” said Senator Cortez Masto. “I will continue to push for Communist China to be held accountable for unfair trade practices, like currency manipulation, which take advantage of the rest of the world.”
    “China’s currency manipulation and secrecy are further examples of the CCP putting American businesses at a disadvantage in the global economy,” said Senator McCormick. “We need more transparency and stricter oversight of China’s economic commitments. That’s why I’m proud to partner with Senator Cortez Masto and fellow Pennsylvanian Rep. Dan Meuser on this legislation to stand up to China’s economic malpractice.”
    Under Article IV of the Articles of Agreement of the International Monetary Fund, the People’s Republic of China (PRC) has committed to orderly exchange rate arrangements, the avoidance of exchange rate manipulation, and cooperation with the Fund to ensure ‘‘firm surveillance’’ of PRC exchange rate policies. However, according to the Department of the Treasury’s most recent report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States, “China stands out among our major trading partners in its lack of transparency around its exchange rate policies and practices.” When any country artificially lowers the value of their currency, it allows them to sell to more countries than other nations who are trying follow the rules, gaining an unfair trade advantage.
    Read the full bill here. The House companion bill, H.R. 692, was introduced by Rep. Dan Meuser (R-Penn.-09) and passed the House of Representatives on February 10.
    Senator Cortez Masto has led efforts in Congress to stand up to the Chinese Communist Party’s influence and protect the American national and economic security. She introduced the PASS Act to ban individuals and entities controlled by China, Russia, Iran, and North Korea from purchasing agricultural land and businesses located near U.S. military installations or sensitive sites and the Strengthening Exports Against China Act, which would incentivize economic growth by eliminating barriers for American businesses competing directly with China in emerging industries like artificial intelligence and semiconductors. She’s also introduced the Pacific Partnership Act to strengthen the United States’ strategic partnerships with Pacific Island nations, support sustainable development, and combat the increasing Chinese aggression in the region. 

    MIL OSI USA News –

  • MIL-OSI Russia: Chile Can Grow Faster – But it Won’t Be Like the 1990s Again

    Source: IMF – News in Russian

    Faster investment approvals, greater labor force participation, public-private R&D collaboration and steps to harness critical minerals and renewable energy can support higher growth

    Many of Chile’s current socioeconomic debates—such as those related to fiscal sustainability, pension adequacy and college loans—can be attributed to the country’s growth slowdown over the past two decades. Back in the 1990s, Chile grew 6.2 percent per year on average and was Latin America’s posterchild success story. Over time, this robust growth trend steadily waned, and by the 2020s, growth barely went above 2 percent. The IMF’s recent annual economic health check of the country (Article IV consultation) addresses how Chile can reverse this trend.

    Comparing Chile to its peers, there is scope to grow faster. Higher-income countries that were once at a comparable income level to Chile grew at a rate of around 2.9 percent per year. However, Chile faces challenges that most of those economies did not encounter at the same stage of development: such as an aging population and a global slowdown, both of which will make it more difficult for Chile to reach this pace.

    Historical patterns

    As countries get richer, sustaining rapid growth simply becomes harder because of diminishing gains from investment and less scope for technology catch-up. To evaluate Chile’s growth potential, we compared its trajectory with other countries when they reached similar income levels, such as Australia in the late 1980s and Korea in the 2000s. According to the Penn World Table and our calculations, Chile’s GDP per person tripled from US$8,200 in 1990 to around US$26,000 in 2025, in constant 2017 U.S. dollars after purchasing power parity (PPP) adjustment.

    Among 28 economies that crossed the US$26,000 real GDP per capita threshold between 1950 and 2010, median annual GDP growth over the subsequent decade was 2.9 percent. This benchmark is well below Chile’s 1990s boom, but still above its current trend.

    Demographic and external drags

    While the comparison is useful and offers some optimism, Chile faces an aging population and a less favorable global growth environment – impediments that many of these other higher-income economies did not face during their development stage.

    Though still relatively young, Chile’s population is aging. According to the UN’s median population projection, Chile’s working-age population (15-64) will grow by just 0.15 percent per year during 2025-35. With modest gains in labor participation, employment will likely grow by 0.2-0.3 percent annually – below the 0.8 percent seen in the comparison group. This demographic drag alone saps ¼ percentage point from Chile’s potential growth.

    Global technological trends could also weigh on Chile’s outlook. In the 1990s, information technology boosted productivity across countries. Our comparison group of countries benefitted from a U.S. GDP growth rate – taken as a proxy for global technological trends – of 3.1 percent per year on average. In contrast, economists now expect more modest U.S. growth of 2.1 percent for the next decade. We estimate that a one-percentage point reduction in 10-year U.S. annual growth translates to a further 0.8 percentage point restraint on Chile’s potential growth.

    Transformational reforms

    While these are rough estimates, and outcomes could vary widely, the exercise suggests a long-term growth trend of around 1.9 percent, if Chile were to perform in line with the median country and the demographic and external headwinds persisted.

    So, how can Chile increase its potential and defy these drags on growth? Short-run macroeconomic stimulus is not the answer, and Chile’s economy is already balanced. The solution lies in deepening supply-side structural measures, consistent with the policy messages in our latest annual review of Chile’s economy (the Article IV consultation).

    First, it is critical to make regulatory requirements more efficient. As an extreme example, it can take up to 10 years to sort out permits and navigate bureaucracy to get a large mining project off the ground. Streamlining this lengthy process would help reduce barriers to investment and support technology adoption. Similarly, modernizing regulations related to maritime transport could lower trade costs and improve Chile’s competitiveness. 

    To address demographic challenges, Chile could stimulate labor participation, for example by improving the access to quality childcare that would enable more women to enter the labor force.

    Chile’s R&D spending is also substantially below the OECD average. Greater public-private collaboration here is essential, given limited budgetary resources. The proposed technology transfer bill, enabling university researchers to create tech companies and commercialize their work, could help narrow this gap.

    Finally, as the world’s largest copper producer, second largest lithium producer, and as a nation richly endowed with solar and wind resources, Chile can benefit from the high global demand for these critical minerals and through use of low-cost renewable energy.

    While there is no silver bullet for growth, together these reforms improve the chances of a better outcome. Lifting Chile’s growth potential is critical for improving living standards and addressing social and fiscal pressures. Chile has an established track record of prudent macroeconomic management. Building on this solid foundation, the country can achieve stronger growth in a challenging global environment.

    *****

    Si Guo is a senior economist and Andrea Schaechter is an assistant director in the Western Hemisphere Department.

    https://www.imf.org/en/News/Articles/2025/06/24/cf-chile-can-grow-faster-but-it-wont-be-like-its-the-1990s-again

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI USA News: One Big Beautiful Bill Will Protect American Jobs, Unleash Economic Growth

    Source: US Whitehouse

    President Donald J. Trump’s One Big Beautiful Bill is a generational opportunity to restore America’s economic strength and reward our hardworking citizens. With provisions designed to support the backbone of our nation — families, farmers, job creators, and law enforcement — the One Big Beautiful Bill will deliver meaningful results for Americans across the country.

    Everyday Americans joined top lawmakers to detail how the One Big Beautiful Bill will affect their livelihoods:

    • Toni McAllister, executive director of the Louisiana Loggers Association, says the One Big Beautiful Bill will give small logging businesses a chance to thrive: “It will finally give small businesses like ours a better opportunity to not just survive, but to grow and succeed … This legislation will lower the effective tax rate for producing in America, increase and make permanent the small business deduction, double immediate small business expensing, and reduce reporting burdens for small businesses.”
    • Paul Danos, CEO of his family-owned offshore energy service company, says the One Big Beautiful Bill is key for American energy dominance: “This bill is a lifeline for American energy and restores the kind of predictably that businesses like ours need to invest and grow.”
    • Sam Palmeter, an executive at one of the last remaining laser technology companies fully owned and operated in America, says the tax cuts in the One Big Beautiful Bill will give them a chance to expand: “This will immediately allow us to double our manufacturing space … This bill incentivizes us to create new jobs in the U.S. and we are incentivized to manufacture in the USA.”
    • Sheriff (Ret.) James Stuart, CEO of the Minnesota Sheriffs’ Association, says the One Big Beautiful Bill will deliver needed support for law enforcement: “No Tax on Overtime pay would benefit our protectors all across the country in tremendous ways. The increase in take home pay for these deputies and officers rewards the extra hours and the extra efforts that they devote to protecting their communities, impacting their own lives in significant ways. That is more money in their pockets to save, to invest, and to grow.”

    Agricultural leaders outlined how the One Big Beautiful Bill will deliver for America’s farmers, ranchers, and producers.

    • Michael Hunt, fifth-generation Wisconsin farmer: “The single biggest threat to family farm operations in the United States right now is the Estate Tax limitations. There’s no possible way, with the rising real estate values that are occurring in rural America, for production agriculture to shoulder the cost burden of estate tax when the first generation passes on.”
    • Ethan Lane of the National Cattlemen’s Beef Association: “That big chunk of the farm bill that’s in this reconciliation bill, including those animal health provisions that we have worked on for so long in the cattle industry, that is a huge win for cattle producers.”
    • National Pork Producers Council: “These investments and policy extensions offer critical support to agriculture, ensuring stability and long-term growth for farmers, ranchers, and the rural economy.”

    The National Association of Manufacturers launched a new ad campaign to highlight what’s at stake if the Trump Tax Cuts aren’t extended in the One Big Beautiful Bill: “If Congress doesn’t act, manufacturers will be hit with the largest tax increase in U.S. history. Six million jobs could be lost — that’s our neighbors, our communities, our futures.”

    Secretary of Energy Chris Wright discussed how the One Big Beautiful Bill ENDS the Biden-era Green New Scam: “It’s going to get rid of these subsidies and distortions that have hurt not just our electricity market, but our broader energy markets … The One Big Beautiful Bill — it is big. There are a lot of things in it, but a lot of them are just cleaning out underbrush and nonsense so it’s easier to build things in our country again, remove the distortions from the energy markets, unleash American businesses to build energy productions of all different kinds — but kinds that work, without subsidies.”

    Brian Moynihan, CEO of Bank of America, says extending the Trump Tax Cuts in the One Big Beautiful Bill is a top priority for preventing American jobs from being exported to foreign countries: “These tax rates were meant to get the U.S. competitive on taxes on corporations … Remember back to people were exporting business outside the United States for lower tax rate reasons … All that’s been gone for the last seven or eight years, and so we need to make sure these extend or that will start up again.”

    MIL OSI USA News –

  • MIL-OSI Security: Shelton Man Admits Defrauding Pandemic Relief Program

    Source: United States Department of Justice (National Center for Disaster Fraud)

    David X. Sullivan, United States Attorney for the District of Connecticut, Ketty Larco-Ward, Inspector in Charge of the U.S. Postal Inspection Service, Boston Division, and Harry Chavis, Special Agent in Charge of IRS Criminal Investigation in New England, announced that TONY STERLIN CANTAVE, 45, of Shelton, waived his right to be indicted and pleaded guilty today before U.S. District Judge Victor A. Bolden in New Haven for defrauding a COVID-19 pandemic relief program.

    In March 2020, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act provided emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic.  One source of relief provided by the CARES Act was the distribution of Economic Injury Disaster Loans (“EIDLs”), through the U.S. Small Business Administration (“SBA”), which provided working capital to eligible small businesses to meet operating expenses.

    According to court documents and statements made in court, in June 2020, Cantave applied for EIDL funding through the SBA.  The application contained a number of materially false statements, including that the business for which Cantave sought the loan, Arbitrage 1 Media, was an ongoing, legitimate business involved in the limousine and transportation business, and that he was not more than 60 days delinquent in his child support obligations.  After the SBA reviewed and approved the fraudulent EIDL application, Cantave received $96,200.  He then used the proceeds from the loan to pay for personal and non-business expenses, including $16,607.26 to pay off an automobile loan.

    Cantave pleaded guilty to one count of theft of government money and one count of making an illegal monetary transaction.  Each charge carries a maximum term of imprisonment of 10 years.

    Cantave has agreed to pay $104,176.21 in restitution.

    Cantave is released pending sentencing, which is not scheduled.

    Cantave has two prior federal convictions.  In December 1999, he was sentenced in New Haven federal court to 18 months of imprisonment for a firearm offense, and in February 2015, he was sentenced in Hartford federal court to 13 months of imprisonment for his participation in a U.S. Postal Service money order fraud scheme.

    This investigation has been conducted by the U.S. Postal Inspection Service and the Internal Revenue Service, Criminal Investigation Division.  The case is being prosecuted by Assistant U.S. Attorney David T. Huang.

    Individuals with information about allegations of fraud involving COVID-19 are encouraged to report it by calling the Department of Justice’s National Center for Disaster Fraud Hotline at 866-720-5721, or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL Security OSI –

  • MIL-OSI: CIRI Announces 2025 Annual General Meeting Voting Results

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 24, 2025 (GLOBE NEWSWIRE) — The Canadian Investor Relations Institute (CIRI) is pleased to report that, at its Annual Meeting of Shareholders held on June 19, 2025, 15 nominees were elected as Directors. Scott Parsons, Senior Vice President, Corporate Development & Investor Relations, Alamos Gold Inc., was appointed Chair for a two-year term, and Adam Borgatti, Senior Vice President, Corporate Development & Investor Relations, Aecon Group Inc., was appointed Past Chair for a one-year term.

    “Scott’s blend of capital markets, investor relations and corporate development experience will be beneficial as CIRI responds to the evolving needs of investor relations professionals. His expertise, coupled with his strong leadership skills, will serve CIRI well as we continue to advance the stature of the profession,” commented Adam Borgatti, Past Chair, CIRI Board of Directors.

    Scott Parsons, Chair, CIRI Board of Directors, commented: “I am very excited to be taking on the role of Chair. With the support of Nathalie and the rest of this talented and diverse Board, I look forward to contributing to CIRI’s strategic direction, continuing to raise the awareness of investor relations in Canada and further promoting CIRI’s mandate to contribute to the transparency and integrity of the Canadian capital market.”

    Scott Parsons is joined by four new Directors: Annemarie Brissenden, Director, Investor Relations, Refined Substance.; Brenda Dayton, Vice President, Investor Relations, Bunker Hill Mining Corporation; Stacey Pavlova, Vice President, Investor Relations & Communications, Faraday Copper Corp.; and Sarah Zapotichny, Vice President, Western Canada, Peterson Capital.

    “It gives me great pleasure to announce that four accomplished individuals – Brenda, Annemarie, Stacey and Sarah – will be joining the CIRI Board. They bring extensive investor relations and capital markets expertise that will be an asset to the organization as we work together to advance the investor relations profession,” commented Scott Parsons, Chair, CIRI Board.

    Annemarie Brissenden is an experienced investor relations professional and accomplished communicator who is passionate about empowering shareholders to make educated investment decisions. Over the past 25 years as an investor relations professional, she has played lead roles in several financings, an initial public offering and a spin-out. She has advised on shareholder activism, rebranded several public companies and worked on a transformative corporate merger. Annemarie is currently a member of CIRI’s Issues Committee, contributes to CIRI’s IR leader publication, and has served on two not-for-profit boards. She is a Certified Professional in Investor Relations (CPIR) and has a degree in English Literature (with Distinction) from McGill University.

    Brenda Dayton is an accomplished executive with experience in corporate governance, communications and investor relations within the mining sector. Currently, Brenda serves as Vice President, Investor Relations at Bunker Hill Mining Corp., where she develops and executes marketing strategies to enhance the company’s visibility and market recognition, and manages direct communications with shareholders, stakeholders and media organizations. Brenda holds a Bachelor of Arts degree from the University of Calgary, where she received the Charles S. Noble Leadership Award and the Outstanding Graduate Award. She has completed advanced studies in negotiation, mining, capital markets and corporate governance, including the Canadian Securities Course and the Women Get on Board – Getting Board Ready Program.

    Stacey Pavlova is a finance professional with 15 years of experience in the mining industry, specializing in investor relations, corporate communications, finance, and metal sales. She is currently Vice President, Investor Relations and Communications at Faraday Copper Corp., a TSX-listed exploration company advancing its flagship Copper Creek Project in the United States. In this role, Stacey leads the company’s strategic communications and investor engagement, supporting capital markets initiatives and corporate growth. Stacey serves on the Board of Directors of NiCAN Ltd., a TSX-V listed nickel exploration company, and has held several leadership roles with the Canadian Investor Relations Institute, including Board Member, Audit Committee Member, and Chair of the British Columbia Chapter. She holds the Chartered Financial Analyst designation and earned her Master’s in Finance from the University of Denver.

    Sarah Zapotichny has over 20 years of experience in investor relations and corporate communications. In her current role as VP of Western Canada at Peterson Capital, she provides capital markets retail advisory to public companies across a diverse range of industries. Sarah holds a BA (Hons) in Criminology and Psychology from Simon Fraser University and has specialized training in Mediation and Third-Party Intervention from the Justice Institute of British Columbia. She has also completed the Canadian Securities Course (CSC) and the Certified Professional in Investor Relations (CPIR) program from the Rotman School of Management. Sarah serves as Chair of the Canadian Investor Relations Institute (CIRI), Alberta Chapter, where she champions excellence in investor relations and is deeply committed to mentoring the next generation of business leaders.

    The following 15 individuals will serve as Directors of CIRI:

    Adam Borgatti, CFA, CPIR, ICD.D Senior Vice President, Corporate Development & Investor Relations, Aecon Group Inc.
    Annemarie Brissenden, CPIR Director, Investor Relations, Refined Substance
    Brenda Dayton Vice President, Investor Relations, Bunker Hill Mining Corporation
    Bruno Di Genova, MBA Vice President, Sales, Digicast
    David Frost, LLB Partner, McCarthy Tétrault LLP
    Kevin Hallahan, CPA, CMA Vice President, Marketing & Investor Relations, Linamar Corporation
    Claire Mahaney, CFA Vice President, Investor Relations & ESG, Primaris Real Estate Income Trust
    Jennifer McCaughey, F.CIRI Director, Investor Relations, Calian Group Ltd.
    Nathalie Megann, CPIR, ICD.D President & CEO, CIRI
    Scott Parsons, CFA Senior Vice President, Investor Relations & Corporate Development, Alamos Gold Inc.
    Stacey Pavlova, CFA Vice President, Investor Relations and Communications, Faraday Copper Corp.
    Mahsa Rejali, MBA Vice President, Corporate Development & Investor Relations, Cineplex Inc.
    Quentin Weber, CPIR Senior Advisor, Investor Relations, WSP Global Inc.
    Ann Wilkinson Vice President, Investor Relations, Mineros SA
    Sarah Zapotichny Vice President, Western Canada, Peterson Capital
       

    The Board looks forward to engaging with fellow members and continuing to deliver value through professional development events, resources, networking opportunities and issues education and advocacy.

    Curtis Pelletier, Director, Investor Relations, Graham Corporation, is retiring from the Board. Curtis has dedicated his time volunteering for the organization and has made a tremendous contribution.

    “I want to thank our outgoing Board member – Curtis Pelletier – for his active involvement on the CIRI Board. He has been instrumental in advancing CIRI’s mandate, and his counsel will be missed,” said Scott Parsons, Chair, CIRI Board of Directors.

    About CIRI
    CIRI is a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community. CIRI contributes to the transparency and integrity of the Canadian capital markets by advancing the practice of investor relations, the professional competency of its members and the stature of the profession. With over 300 members and four Chapters across the country, CIRI is the voice of IR in Canada. For further information, please visit CIRI.org. 

    For further information, please contact:
    Nathalie Megann, CPIR, ICD.D
    President & CEO
    Canadian Investor Relations Institute
    (416) 364-8200 ext. 101
    nmegann@ciri.org

    The MIL Network –

  • MIL-OSI USA: Grothman Reintroduces Bipartisan Bill to Lower Costs for Cancer Treatments

    Source: United States House of Representatives – Congressman Glenn Grothman (R-Glenbeulah 6th District Wisconsin)

    Representatives Glenn Grothman (WI-06), Suzanne Bonamici (D-OR), Gus Bilirakis (R-FL), Joe Morelle (D-NY), Brian Fitzpatrick (R-PA), and Doris Matsui (D-CA) have reintroduced the bipartisan Cancer Drug Parity Act, which will lower costs for cancer patients prescribed oral medications. The bill requires health insurers to cover oral cancer treatments on the same level as traditional intravenous (IV) therapies.

    Each year, over two million Americans are expected to receive a cancer diagnosis. For many patients, oral cancer treatments have been a game-changer. They offer a more convenient and less invasive option that can be taken at home, reducing the strain of ongoing medical visits. Despite their effectiveness, oral medications often come with high out-of-pocket costs. One study found that one in eight patients faced a copay of $2,000 or more for their first prescription.

    “Every American deserves access to effective cancer treatments available at the most affordable rate, without outdated health insurance plans standing in the way,” said Grothman. “As oral medications become more widely used and popular among cancer patients, it’s critical that health plans don’t force patients to choose between effectiveness and affordability. I am proud to work with both sides of the aisle to expand access, reduce costs, and help improve outcomes for cancer patients nationwide.”

    “The Cancer Drug Parity Act is a much-needed step toward aligning insurance coverage with the rapid advancements in cancer treatment,” said Rep. Morelle. “This legislation modernizes policies so patients can access therapies when they need them most. As someone who has experienced the pain of losing a loved one to cancer, I understand how crucial it is that patients be able to focus on healing—not navigating the burdens of an unequal insurance system.”

    “Cancer patients deserve access to the treatments that offer them the best chance at a full recovery,” said Rep. Bilirakis. “Advances in medical technology are improving outcomes and reducing side effects, and patients should be able to benefit from these innovations. This important bill addresses that need, allowing patients to focus on what matters most—getting well.”

    “I’ve heard directly from patients and providers in our community about the financial strain caused by outdated insurance policies.” said Rep. Fitzpatrick. As Co-Chair of the Congressional Cancer Caucus, I’m working to fix that. The Cancer Drug Parity Act takes on a broken system that charges cancer patients more for oral medications simply because of how they’re delivered. Our bipartisan bill brings fairness to cancer care, lowers out-of-pocket costs, and ensures access to the full range of modern, life-saving treatments.”

    “Oral chemotherapy should be covered just as widely as traditional IV treatments,” said Rep. Bonamici. “Unfortunately, too many patients are forced to pay high costs and unaffordable co-payments because many oral cancer treatments are not covered by health insurance plans. I’m pleased to join my colleagues in leading the bipartisan Cancer Drug Parity Act to end this double standard and expand access to affordable and effective oral cancer treatments.”

    “As oral cancer treatments continue to evolve and become more readily available, it’s essential that patients have affordable access to these advancements in care,” said Rep Matsui. “No one battling cancer should be forced to skip treatment due to overwhelming costs. The bipartisan Cancer Drug Parity Act addresses the unequal coverage of oral therapies, empowering patients and healthcare providers to choose the most effective treatment path without financial barriers.”

    “Cancer treatment should be guided by what works medically, not by outdated insurance policies. Too often, patients face higher costs simply because their most effective treatment comes in a pill rather than through an IV,” said Danielle Doheny, Director of Public Policy and Advocacy at the International Myeloma Foundation. “The Cancer Drug Parity Act addresses this unfair disparity by ensuring consistent insurance coverage for all cancer treatments. This legislation will reduce financial burdens and help patients access the care they need without unnecessary barriers. We are proud to support this important step toward more reliable and fair treatment access for every patient.”

    “Disparities in out-of-pocket costs for oral cancer treatments can impact patient and physician decision-making and can lead to patients forgoing the best treatment for their disease,” said Lisa Lacasse, President of the American Cancer Society Cancer Action Network. “Many patients prefer, when appropriate, chemotherapies that are available in pill form because it is easier to administer and can allow them to have a better quality of life. The Cancer Drug Parity Act would equalize out-of-pocket costs for cancer drugs, whether they’re taken orally or delivered intravenously. We urge Congress to advance this lifesaving, bipartisan legislation.”

    Background Information

    Despite their benefits, oral cancer treatments often come with higher out-of-pocket costs than traditional IV chemotherapy due to differences in insurance coverage. IV treatments are typically covered under a plan’s medical benefit, while oral drugs fall under the prescription benefit, creating cost disparities.

    To address this, 43 states and D.C. have passed “oral parity” laws requiring equal coverage for oral and IV treatments. These laws have helped lower costs, but patients enrolled in federally regulated health plans remain unprotected.

    The Cancer Drug Parity Act builds on the success of state-level reforms by ensuring equal

    coverage for all cancer patients, regardless of how their treatments are administered.

    Specifically, the bill will:

    ·         Expand oral parity protections to privately insured patients whose health care is regulated at the federal level.

    ·         Prevent insurers from covering oral and self-administered medicines at different cost-sharing rates than IV chemotherapy.

    ·         Implement these requirements for health plans that already cover both oral and IV chemotherapy treatments.

    Grothman introduced a similar version of the bill in 2023.

    -30- 

    U.S. Rep. Glenn Grothman (R-Glenbeulah) proudly serves the people of Wisconsin’s 6th Congressional District in the U.S. House of Representatives

    MIL OSI USA News –

  • MIL-OSI USA: Grindr United-CWA Launches Fundraising Campaign to Support Workers Amid Ongoing Legal Fight

    Source: Communications Workers of America

    West Hollywood, Calif. – Grindr United-CWA, a union organizing with the Communications Workers of America (CWA) that is composed of current and former Grindr workers who were pushed out shortly after organizing, has launched a public fundraising campaign to raise critical funds to support union members who are continuing to struggle with hardships from being out of work for extended amounts of time.

    The union includes a diverse coalition of LGBTQIA+ individuals and allies who joined Grindr to build a product grounded in queer connection, joy, and safety. However, in August 2023, after announcing their intent to unionize and advocate for equitable treatment of employees and users, nearly the entire union was laid off in what Grindr United-CWA asserts was a retaliatory act by the company.

    “For many of us, this wasn’t just a job—it was a calling,” said a Grindr United-CWA representative. “We believed in creating something beautiful by the queer community, for the queer community. But when we asked for fair treatment, we were shown the door.”

    Over the past 18 months, many displaced workers—disproportionately queer and people of color—have faced unemployment, underemployment, and financial hardship. The union is now fighting a protracted legal battle to secure recognition, reclaim their positions, and win the back pay owed to them.

    The fundraising campaign will directly support these efforts, providing financial relief for affected members and sustaining the union’s work toward a more just and inclusive tech industry. Their goals include:

    • Inclusive hiring practices and meaningful representation across LGBTQIA+ identities
    • A user-focused product roadmap featuring essential features like verification tools, unlimited blocks, and stronger data privacy
    • Comprehensive healthcare, including gender-affirming care
    • Transparent and equitable pay practices

    “These demands aren’t extravagant—they’re the bare minimum. Grindr made over $300 million in revenue in 2024 while denying dignity and justice to the workers who helped build it. This is about more than Grindr. It’s about showing that queer workers cannot be silenced. That solidarity is stronger than retaliation. That we all deserve better,” said Grindr United-CWA.

    This campaign is a call to the broader community—to anyone who has found love, safety, or belonging through Grindr—to stand with the people who made that possible.

    To donate or learn more, visit: https://ww.gofundme.com/f/support-the-grindr-workers-union.

    Follow Grindr United-CWA on X, Instagram, and Bluesky at @grindrunited for more updates.

    ###

    About CODE-CWA

    The Campaign to Organize Digital Employees (CODE-CWA) is a network of worker-organizers and their staff working every single day to build the voice and power necessary to ensure the future of the tech, game, and digital industries in the United States and Canada. CODE-CWA is a project of the Communications Workers of America, which represents hundreds of thousands of workers throughout tech, media, telecom, and other industries who stand together to fight for justice on the job and in our communities.

    About CWA: The Communications Workers of America represents working people in telecommunications, customer service, media, airlines, health care, public service and education, manufacturing, tech, and other fields.

    cwa-union.org @cwaunion

    MIL OSI USA News –

  • MIL-OSI USA: California needs more than groundwater to ensure water sustainability

    Source: US State of California 2

    Jun 24, 2025

    What you need to know: Despite the Newsom Administration’s efforts to increase groundwater and develop stronger partnerships with water agencies, California’s water system remains unprepared for the hotter and drier future. Without the successful completion of the Delta Conveyance Project, water supplies for millions of Californians are threatened.

    SACRAMENTO – Today, Governor Newsom and the Department of Water Resources released a new report showing that the state is collecting more groundwater data than ever before, and strengthening partnerships with water agencies to ensure that more groundwater is collected. While this can help the millions of Californians who rely on this water supply, it is not nearly enough. In order to continue capturing, moving, and storing enough water for all Californians, the state must complete long-delayed infrastructure projects and water system improvements, such as the Delta Conveyance Project.

    “California is taking an all-in approach to its water supply — including creating more groundwater storage and data to help us plan for the future. The data doesn’t lie, and it is telling us that our water system is unprepared for California’s hotter and drier climate. That means we also need to build new water infrastructure like the Delta Conveyance Project. We literally cannot afford to wait to complete this vital project and Californians are sick and tired of the self-imposed roadblocks standing in the way of our state’s continued progress.”

    Governor Gavin Newsom

    More groundwater data 

    California is now collecting more groundwater data than ever before. A new report released today by the California Department of Water Resources (DWR) shows that groundwater storage increased by 2.2 million acre-feet during Water Year 2024 — thanks to abundant precipitation and efforts by the State and its regional partners to capture and store more high flows during winter storms in groundwater basins, expand recharge basins, improve groundwater monitoring, and better coordination amongst local agencies to reduce groundwater pumping. That’s on top of significant groundwater storage increases in the previous water year.

    Yet, despite this, California still lacks the water infrastructure needed to ensure the state is prepared for a hotter, drier future and to provide Californians with the water they need. 

    More than ever, California must complete one of the most important water management and climate adaptation projects in state history, the Delta Conveyance Project, advancing much-needed and long-overdue improvements to the State Water Project.

    Data is key to informed decisions on groundwater

    The groundwater data was provided as part of DWR Semi-Annual Groundwater Conditions Update, will help state and local agencies better manage groundwater basins – a source of more than half of California’s water supplies in dry years – by providing updated information on statewide groundwater levels, groundwater storage, recharge, land subsidence, and well infrastructure.

    This data will continue to support groundwater recharge, which Governor Newsom has directed state agencies to maximize whenever possible.

     

    Partnering with farmers for increased groundwater storage

    Also today, Governor Newsom provided an update on the state’s ongoing partnerships with groundwater sustainability agencies and farmers, through the LandFlex program, which was launched in 2022.

    To address the impacts of multiyear drought in the Central Valley, DWR awarded $23.3 million in grant funding to six groundwater sustainability agencies in the Central Valley. The funding was distributed to help 52 small and mid-sized farms transition to more sustainable practices while eliminating groundwater overdraft and protecting drinking water supplies. 

    As a result, the program helped save over 100,000 acre-feet of groundwater, protected 16,500 drinking water wells, and reduced the over-pumping of groundwater on Central Valley farms.

    Learn more about this first-of-its-kind program. 
     

    Modernizing California’s water delivery infrastructure

    In order to prepare for a hotter, drier future, California must also invest in the modernization of its water delivery infrastructure. That’s why Governor Newsom is calling on the Legislature to fast-track the Delta Conveyance Project.

    The proposed project would create much-needed and long-overdue improvements to the State Water Project, which provides water for 27 million people and 750,00 acres of farmland. It would allow the State Water Project to better capture high flows during storm events and move that water to where it’s needed in the San Joaquin Valley and Southern California. It would also protect against earthquake risk.

    If the Delta Conveyance Project had been operational this past rainy season, it could have captured 952,000 acre-feet of water, enough for nearly 10 million people.

    Without action, the ability of the State Water Project to reliably deliver water to homes, farms and businesses will decline. The Governor will continue working to quickly advance these improvements to ensure that California is ready for a drier and hotter future, and its communities are safe and protected. 

    Press releases, Recent news

    Recent news

    Jun 24, 2025

    News What you need to know: President Trump’s illegal militarization of Los Angeles continues to hamstring crucial firefighting resources in California at the height of peak fire season. SACRAMENTO – With fires popping up across the state, the California National…

    Jun 23, 2025

    News SACRAMENTO – Governor Gavin Newsom issued the following statement regarding the death of Los Angeles Police Department (LAPD) Sergeant Shiou Deng:“Jennifer and I are heartbroken by the loss of Sergeant Deng, who dedicated more than 26 years to serving the Los…

    Jun 23, 2025

    News What you need to know: Thanks to California’s Film and Television Tax Credit Program, 48 projects — including 43 independent features — will be made in California, projected to generate $664 million in economic activity and employ over 6,500 cast and crew across…

    MIL OSI USA News –

  • MIL-OSI USA: California National Guard fire crews operating at just 40% capacity due to Trump’s illegal Guard deployment

    Source: US State of California 2

    Jun 24, 2025

    What you need to know: President Trump’s illegal militarization of Los Angeles continues to hamstring crucial firefighting resources in California at the height of peak fire season.

    SACRAMENTO – With fires popping up across the state, the California National Guard’s (CalGuard) critical firefighting crews – known as Task Force Rattlesnake – are operating at just 40% capacity. Eight of 14 teams have been diverted to Los Angeles as part of President Trump’s illegal – and highly inefficient – federalization of the Guard. Capacity has only worsened, reducing available crews from nine of 14 last week to just six now. 

    Joint Task Force Rattlesnake is made up of over 300 California National Guard (CalGuard) members, who work at the direction of CAL FIRE to help fight and prevent fires. The President’s illegal federalization of the Guard has already impacted firefighting efforts, leaving CAL FIRE to step in to fill the gaps left by the Guard’s understaffing. 

    With peak fire season well underway across California, we need all available resources to protect communities. President Trump: rescind your illegal order and get the Guard back to the critical firefighting and prevention work that actually keeps communities safe.

    Governor Gavin Newsom

    The National Guard impact is on top of the Trump administration’s dangerous cuts to the U.S. Forest Service, which also threatens the safety of communities across the state. The U.S. Forest Service has lost 10% of all positions and 25% of positions outside of direct wildfire response – both of which are likely to impact wildfire response this year. 

    California’s unprecedented wildfire readiness 

    Despite the strain caused by President Trump, California stands ready to protect communities. As part of the state’s ongoing investment in wildfire resilience and emergency response, CAL FIRE has significantly expanded its workforce over the past five years by adding an average of 1,800 full-time and 600 seasonal positions annually – nearly double that from the previous administration. Over the next four years and beyond, CAL FIRE will be hiring thousands of additional firefighters, natural resource professionals, and support personnel to meet the state’s growing demands.

    Late last month, the Governor announced $72 million for projects across the state that help reduce catastrophic wildfire risk. Additionally, 20 new vegetation management projects spanning nearly 8,000 acres have already been approved for fast-tracking under the Governor’s new streamlining initiative.

    This builds on consecutive years of intensive and focused work by California to confront the severe ongoing risk of catastrophic wildfires, and Governor Newsom’s emergency proclamation signed in March to fast-track forest and vegetation management projects throughout the state. Additionally, to bolster the state’s ability to respond to fires, Governor Newsom recently announced that the state’s second C-130 Hercules airtanker is ready for firefighting operations, adding to the largest aerial firefighting fleet in the world. 

    New, bold moves to streamline state-level regulatory processes builds long-term efforts already underway in California to increase wildfire response and forest management in the face of a hotter, drier climate. A full list of California’s progress on wildfire resilience is available here.

    Recent news

    Jun 23, 2025

    News SACRAMENTO – Governor Gavin Newsom issued the following statement regarding the death of Los Angeles Police Department (LAPD) Sergeant Shiou Deng:“Jennifer and I are heartbroken by the loss of Sergeant Deng, who dedicated more than 26 years to serving the Los…

    Jun 23, 2025

    News What you need to know: Thanks to California’s Film and Television Tax Credit Program, 48 projects — including 43 independent features — will be made in California, projected to generate $664 million in economic activity and employ over 6,500 cast and crew across…

    Jun 20, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Soon-Sik Lee, of Bellevue, Washington, has been appointed Chief of Planning and Engineering at the California High Speed Rail Authority. Lee has been a Vice President – Senior Program…

    MIL OSI USA News –

  • MIL-OSI USA: Secretary Dev Sangvai and Partner Organizations Release Impact Statements Regarding Proposals that Threaten SNAP in North Carolina

    Source: US State of North Carolina

    Headline: Secretary Dev Sangvai and Partner Organizations Release Impact Statements Regarding Proposals that Threaten SNAP in North Carolina

    Secretary Dev Sangvai and Partner Organizations Release Impact Statements Regarding Proposals that Threaten SNAP in North Carolina
    hejones1

    Governor Josh Stein and governors from 23 other states released a letter  to congressional leadership Tuesday, warning of the impact potential changes to the Supplemental Nutritional Assistance Program (SNAP) would have to millions of people across the country, including more than 1.4 million in North Carolina who depend on SNAP to put food on the table. In response, NC Health and Human Services Secretary Dev Sangvai and partner organizations released statements further emphasizing the critical need for this vital food and nutrition program in North Carolina. 

    Statement from Secretary Dev Sangvai: 

    “One in six children in North Carolina face food insecurity, unsure of where their next meal will come from. Programs like SNAP are critical in ensuring children and families get the food and nutrition they need to live healthy lives and thrive in school and in their communities. Without healthy food, people are more likely to get sick and end up in the emergency room. Shifting costs to states and local communities makes it more difficult to create a healthier and safer North Carolina and forces state leaders to make hard decisions. These massive cost shifts can’t simply be patched over with state dollars, especially in challenging budget years. We do not have the capacity to fill those gaps, and the people of North Carolina will feel the impact, eroding the health and wellbeing of communities across the state.”

    The North Carolina Association of County Departments of Social Services also released this statement in response to the proposals that would also shift costs to North Carolina counties. 

    “County social services workers in North Carolina are the front-line staff responsible for administering the SNAP program. We see every day how these benefits bridge food security gaps for families with children, individuals with disabilities, the elderly, veterans and others who are working low-wage jobs. Counties pay the cost of the non-federal 50% administrative share in the State’s model. This includes all staffing costs for processing applications, interviewing clients, conducting eligibility verifications, verifying work with employers, etc. Counties also pay the cost of training staff, monitoring their work, following up on payment inaccuracies and fraud. Adding additional requirements to the program drives up administrative costs. Cost savings could be better achieved through simplified regulatory rules and policies, modern technology solutions, and enhanced tools available to do the work. 

    Cutting SNAP benefits at their base and adding potential additional cuts based on a state’s error rates further harms a county’s ability to recruit and retain qualified staff to administer the program. Complex regulations and policies, outdated automation, and antiquated tools make it challenging to attract the new generation of workers. 

    These increased costs, along with the lack of a qualified and interested workforce and the increased work requirements, create a situation where it would be difficult for any County to absorb these funding shifts, and cuts would be impossible.”

    The North Carolina Association of County Commissioners released this statement regarding the increase in costs to the counties.

    “By reducing federal funding and shifting administrative costs to state and local governments, Congress would force North Carolina and its counties to replace tens of millions of dollars in lost revenue, either by generating new funds through increased taxes or redirecting them from other essential programs. Should the state be unwilling or unable to replace the SNAP benefit reductions, individual counties will be forced to choose between diverting funds from their own programs, raising local taxes, or watching their residents go without this important safety net. Local governments are most disadvantaged to replace SNAP funding; the best way to ensure our residents receive this benefit is to preserve federal funding.”

    The North Carolina Retail Merchant’s Association released the following statement about the impact to businesses and North Carolina’s economy.

    “SNAP is not only essential for millions of families struggling with food insecurity, it also plays a critical role in sustaining local grocery stores, markets, and food retailers across our communities. SNAP benefits help ensure customers can afford nutritious food, which keeps shelves stocked and businesses thriving. Cuts to SNAP would force states to carry unprecedented costs, risking reduced enrollment and less spending at local retailers. This would have ripple effects on jobs and the broader economy, particularly in rural areas.”

    Feeding the Carolinas, the association for the North Carolina and South Carolina Feeding America Food Banks, released the following statement regarding impacts to food banks and meal distributions across the state.

    “The seven North Carolina food banks, in conjunction with our more than 2,500 distribution partners, provided over 250 million meals to our neighbors in the past year. Even with this significant work, it is critical to understand that SNAP provides 9 meals for every 1 meal that the food banks deliver. In addition, our food banks are serving more than twice the number individuals—children, seniors, families, and veterans—than we assisted just three years ago. Federal cuts that have already taken place have reduced the amount of food we can distribute by millions of pounds. Proposed SNAP cuts and cost shifts to the states will result in decreased food assistance for some of our most vulnerable populations. Food banks will be the next line of response if this comes to fruition and we will not be able to fill the gap. We will have families using their scarce resources to purchase highly processed, unhealthy food, which is in direct opposition to the administration’s goals under Make America Healthy Again. The bottom line is that, if these cuts are made, we will have more hungry children, seniors, and families, and, in the near future, a population with greater health problems and a workforce that is less prepared to keep our communities’ economies strong.”

    El gobernador Josh Stein y gobernadores de otros 23 estados enviaron una carta al liderazgo del Congreso el martes, advirtiendo sobre el impacto que tendrían los posibles cambios en el Programa de Asistencia Nutricional Suplementaria (SNAP, por sus siglas en inglés) para millones de personas en todo el país, incluidos más de 1.4 millones en Carolina del Norte que dependen de SNAP para poner comida en la mesa. En respuesta, el Secretario de Salud y Servicios Humanos de Carolina del Norte, Dev Sangvai, y las organizaciones asociadas emitieron declaraciones enfatizando aún más la necesidad crítica de este programa vital de alimentos y nutrición en Carolina del Norte.

    Declaración del Secretario Dev Sangvai:

    “Uno de cada seis niños en Carolina del Norte se enfrenta a la inseguridad alimentaria, sin saber de dónde vendrá su próxima comida.  Los programas como SNAP son fundamentales para garantizar que los niños y las familias reciban los alimentos y la nutrición que necesitan para llevar una vida saludable y prosperar en la escuela y en sus comunidades. Sin alimentos saludables, las personas tienen más probabilidades de enfermarse y terminar en la sala de emergencias. Cambiar los costos a los estados y las comunidades locales hace que sea más difícil crear una Carolina del Norte más saludable y segura y obliga a los líderes estatales a tomar decisiones difíciles. Estos cambios masivos de costos no pueden ser simplemente remendados con dólares estatales, especialmente en años presupuestarios difíciles. No tenemos la capacidad de llenar esos vacíos, y la gente de Carolina del Norte sentirá el impacto, deteriorando la salud y el bienestar de las comunidades en todo el estado”.

    La Asociación de Departamentos de Servicios Sociales del Condado de Carolina del Norte también publicó esta declaración en respuesta a las propuestas que también trasladarían los costos a los condados de Carolina del Norte.

    “Los trabajadores de servicios sociales del condado en Carolina del Norte son el personal de primera línea responsable de administrar el programa SNAP. Vemos todos los días cómo estos beneficios salvan las brechas de seguridad alimentaria para las familias con hijos, las personas con discapacidad, los ancianos, los veteranos y otras personas que trabajan en empleos de bajos salarios. Los condados pagan el costo de la participación administrativa no federal del 50% en el modelo del Estado. Esto incluye todos los costos de personal para procesar solicitudes, entrevistar a los clientes, realizar verificaciones de elegibilidad, verificar el trabajo con los empleadores, etc. Los condados también pagan el costo de capacitar al personal, monitorear su trabajo, hacer un seguimiento de las inexactitudes de pago y el fraude. Añadir requisitos adicionales al programa aumenta los costos administrativos. El ahorro de costos podría lograrse mejor a través de normas y políticas regulatorias simplificadas, soluciones tecnológicas modernas y herramientas mejoradas disponibles para hacer el trabajo.

    Recortando los beneficios de SNAP en su parte básica y agregar posibles recortes adicionales basados en las tasas de error de un estado perjudica aún más la capacidad de un condado para reclutar y retener personal calificado para administrar el programa. Las regulaciones y políticas complejas, la automatización y las herramientas anticuadas hacen que sea difícil atraer a la nueva generación de trabajadores.

    Estos mayores costos, junto con la falta de una fuerza laboral calificada e interesada y el aumento de los requisitos de trabajo, crean una situación en la que sería difícil para cualquier condado absorber estos cambios de financiamiento, y los recortes serían imposibles”.

    La Asociación de Comisionados del Condado de Carolina del Norte publicó esta declaración sobre el aumento de los costos para los condados.

    “Al reducir los fondos federales y transferir los costos administrativos a los gobiernos estatales y locales, el Congreso obligaría a Carolina del Norte y sus condados a reemplazar decenas de millones de dólares en ingresos perdidos, ya sea generando nuevos fondos a través del aumento de impuestos o redirigiéndolos de otros programas esenciales. Si el estado no está dispuesto o no puede reemplazar las reducciones de los beneficios de SNAP, los condados individuales se verán obligados a elegir entre desviar fondos de sus propios programas, aumentar los impuestos locales o ver a sus residentes sin esta importante red de seguridad. Los gobiernos locales están en mayor desventaja para reemplazar los fondos de SNAP; la mejor manera de garantizar que nuestros residentes reciban este beneficio es preservar los fondos federales”.

    La Asociación de Comerciantes Minoristas de Carolina del Norte emitió la siguiente declaración sobre el impacto en las empresas y la economía de Carolina del Norte.

    “SNAP no solo es esencial para millones de familias que luchan contra la inseguridad alimentaria, sino que también desempeña un papel fundamental en el mantenimiento de las tiendas de comestibles, los mercados y los minoristas de alimentos locales en nuestras comunidades. Los beneficios de SNAP ayudan a garantizar que los clientes puedan comprar alimentos nutritivos, lo que mantiene los estantes abastecidos y las empresas prósperas. Los recortes a SNAP obligarían a los estados a asumir costos sin precedentes, con el riesgo de reducir la inscripción y el gasto en los minoristas locales. Esto tendría un efecto dominó en el empleo y en la economía en general, particularmente en las zonas rurales”.

    Feeding the Carolinas, la asociación de los bancos de alimentos Feeding America de Carolina del Norte y Carolina del Sur, publicó la siguiente declaración sobre los impactos en los bancos de alimentos y la distribución de comidas en todo el estado. 

    “Los siete bancos de alimentos de Carolina del Norte, junto con nuestros más de 2,500 socios de distribución, proporcionaron más de 250 millones de comidas a nuestros vecinos en el último año. Incluso con este importante trabajo, es fundamental comprender que SNAP proporciona 9 comidas por cada comida que entregan los bancos de alimentos. Además, nuestros bancos de alimentos atienden a más del doble de personas (niños, personas mayores, familias y veteranos) que hace solo tres años. Los recortes federales que ya han tenido lugar han reducido la cantidad de alimentos que podemos distribuir en millones de libras. Los recortes propuestos de SNAP y los cambios de costos a los estados resultarán en una disminución de la asistencia alimentaria para algunas de nuestras poblaciones más vulnerables. Los bancos de alimentos serán la siguiente línea de respuesta si esto llega a buen término y no podremos llenar el vacío. Tendremos familias que usarán sus escasos recursos para comprar alimentos altamente procesados y poco saludables, lo que está en oposición directa a los objetivos de la administración bajo Make America Healthy Again. La conclusión es que, si se hacen estos recortes, tendremos más niños, personas mayores y familias con hambre y, en un futuro próximo, una población con mayores problemas de salud y una fuerza laboral menos preparada para mantener fuertes las economías de nuestras comunidades”.

    Jun 24, 2025

    MIL OSI USA News –

  • MIL-OSI: Creatd, Inc. Completes 2024 PCAOB Audit, Achieving Two Years of Audited Financials and Clearing Path Toward SEC Re-Registration and National Exchange Uplisting

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) — Creatd, Inc. (OTC: CRTD), a company focused on acquiring synergistic technology businesses, today announced the completion of its 2024 PCAOB audit and submission of audited financials to the OTC Markets. With two consecutive years of audited financial statements now finalized, along with the Company’s Q1 2025 financials published on the OTC, the Company is fully current with its reporting. This positions Creatd to re-register its securities with the SEC, reapply for listing on the OTCQB, and continue progressing toward an uplisting to a national securities exchange.

    Key Financial Highlights:

    • As of today, net equity stands at over $2.9 million, reflecting an $18 million improvement since 2023, with $15 million of that gained during the 2024 fiscal year.
    • Revenues for fiscal year 2024 totaled approximately $1.5 million, a figure already matched in the first half of 2025.
    • The Company expects to reapply to the OTCQB imminently as part of its ongoing capital markets compliance strategy.

    Strategic Foundation Built in 2024

    The year 2024 was a critical period in laying the groundwork for Creatd’s financial recovery and long-term viability. The Company addressed two defining challenges: First, it overcame a capital-constrained environment by collaborating with shareholders and strategic partners. With them, it secured the funding necessary to sustain and grow operations during one of the most challenging periods for microcap companies. Second, Creatd adapted to the evolving microcap landscape, where single-focus, pure-play companies increasingly struggle to gain investor traction. It built a diversified model by acquiring complementary businesses and integrating them into a shared infrastructure. This included consolidating revenues across multiple lines, unifying back-office functions, technology systems, regulatory and compliance processes, and applying a platform-wide understanding of audience and market behavior.

    This adaptive approach allowed the Company not only to weather 2024, but to exit the year with a stronger balance sheet, broader revenue base, and a path forward toward SEC re-registration and uplisting.

    Jeremy Frommer, CEO of Creatd, commented:

    “The past two years have been both the worst and, somehow, the greatest I’ve experienced in my career. We had to navigate the remissness of our previous auditing firm, who we terminated. At the same time, we endured a historic collapse in the microcap sector. It brought Creatd, the company I’ve led for over a decade, to its knees. But we never gave up, and what we learned about ourselves and today’s business environment is invaluable.

    Today, we stand strong. We’ve built back a solid balance sheet, completed two years of PCAOB-audited financials, and proven we understand what it takes to survive a full cycle in the emerging growth public markets. We will continue to acquire, invest in, and support our peers because no one gets through this space alone.”

    The full audited 2024 Annual Report is available here, on OTC Markets.

    About Creatd, Inc.
    Creatd, Inc. focuses on investments and operations across technology, media, aviation, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio.

    For investor inquiries, contact:
    ir@creatd.com

    The MIL Network –