NewzIntel.com

Category: Energy

  • MIL-OSI USA: Armstrong highlights economic, national security benefits of Talon Metals battery minerals facility

    Source: US State of North Dakota

    Gov. Kelly Armstrong today took part in a signing ceremony to celebrate Talon Metals securing a site for its proposed Beulah Minerals Processing Facility on the former Westmoreland Mining coal mine near Beulah. The ceremony marked a milestone in the development of the facility, which will process high-grade nickel and copper ore from the Tamarack mine in Minnesota and other potential sources to produce minerals for batteries.

    “By processing domestically sourced nickel and copper for batteries right here in North Dakota, we will strengthen the U.S. supply chain, reduce our reliance on foreign sources and enhance our economic and national security,” Armstrong said. “We commend Talon for working with Westmoreland to secure a site with existing infrastructure and appreciate the efforts of local leaders, our congressional delegation and the North Dakota Department of Commerce for their instrumental role in the site selection process that landed the project in Beulah.”

    Talon announced plans for the facility in Mercer County in October 2022, supported by a nearly $115 million grant from the U.S. Department of Energy. The project represents a total investment of up to $365 million and will create up to 150 jobs for workers to process critical minerals for batteries, in addition to construction jobs, according to Talon.

    MIL OSI USA News –

  • MIL-OSI USA: Attorney General Bonta Sues to Stop Termination, Withholding of National Science Foundation Grants

    Source: US State of California

    OAKLAND – California Attorney General Rob Bonta today filed a lawsuit to stop the U.S. National Science Foundation (NSF) from: (1) terminating grants for scientific research that seeks to promote and understand diversity in higher education and the workforce, and (2) imposing a 15% cap on indirect cost reimbursements for research projects. From creating AI technology that predicts weather patterns to protect communities, to developing sustainable solutions for environmental and economic challenges, to making power grids more sustainable, NSF-funded research at American universities has ensured the United States’ status as a global leader in scientific innovation. In the complaint, Attorney General Bonta and 15 other attorneys general ask the court to bar NSF from implementing the terminations and cost cap as arbitrary and capricious and contrary to law in violation of the Administrative Procedures Act.

    “President Trump wants to make America’s universities second tier with his backwards efforts to slash research funding that has kept us on the cutting edge of science and innovation,” said Attorney General Bonta. “For more than 50 years, Congress has expressly authorized the National Science Foundation to train up the next generation of talent and invest in the infrastructure necessary to keep our position as a global leader in STEM. With President Trump’s latest round of indiscriminate funding cuts, America is poised to fall behind its competitors at a critical moment in the global technology race. We’re suing to stop him.”

    At the direction of President Trump, NSF is taking aim at the twin pillars sustaining the United States’ STEM preeminence. First, NSF announced a departure from Congress’s longstanding policy to promote a robust STEM workforce that draws in underrepresented populations. Second, NSF announced that it would slash support for the infrastructure necessary for cutting edge American research. These actions violate the law and jeopardize America’s longstanding global leadership in STEM.  

    Since 1980, Congress has maintained that for the United States to maintain its competitive edge, the nation would need to encourage and prepare people from groups traditionally underrepresented in STEM to acquire skills and pursue careers in science and engineering fields.  And it has directed, empowered, and funded NSF to carry this policy out – with significant success. Between 1995 and 2017, the number of women in science and engineering occupations, or with science or engineering degrees, doubled; minorities, meanwhile, went from representing about 15% of those groups to about 35%.  

    To conduct NSF research, universities must maintain and staff substantial infrastructure, such as cutting-edge laboratories, advanced computer systems and networks, appropriate security, and specialized heating or cooling systems. Because the costs associated with such infrastructure often are not attributable solely to one federally sponsored research project, the federal government negotiates indirect cost rates that ensure research grants are sufficient to actually sustain university research efforts. By indiscriminately slashing indirect cost rates, NSF is repeating the unlawful practices of the National Institutes of Health and the Department of Energy, which districts courts have already enjoined.  

    In California, millions of dollars in funding are at risk across the California State University, University of California, and public community college systems. Many innovations — like the internet, GPS, and MRI technology — trace their origins to research initially funded by NSF. Without NSF funding, many California colleges and universities will be forced to substantially reduce or stop altogether potentially groundbreaking programs and research projects.

    Attorney General Bonta joins the attorneys general of Hawaii, New York, Colorado, Connecticut, Delaware, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New Mexico, Oregon, Rhode Island, Wisconsin, and Washington in filing the lawsuit. 

    A copy of the complaint is available here. 

    MIL OSI USA News –

  • MIL-OSI Europe: Answer to a written question – Impact on citizens of the Green Deal, the Clean Industrial Deal and a possible carbon levy – E-000911/2025(ASW)

    Source: European Parliament

    Industry in Europe is under pressure, due to several factors, including high energy prices, international competition amidst rising geopolitical tensions, and overcapacities in third countries[1]. Decarbonising our economies is a global challenge that can be an economic opportunity, as flagged in the Draghi Report[2]. The European Green Deal[3] and the recent Clean Industrial Deal[4] provide the toolbox to strengthen the business case for decarbonisation in Europe .

    The Clean Industrial Deal puts forward concrete actions to turn decarbonisation into a driver of growth for European industries. Specific measures include the Affordable Energy Action Plan[5], aimed at lowering energy bills while promoting the necessary transition to a low-carbon economy, and the upcoming Industrial Decarbonisation Accelerator Act, which will increase demand for EU-made clean products. The Clean Industrial Deal identifies seven indicators to measure progress, such as the annual installation of renewable electricity capacity and investment volumes under InvestEU[6] supporting industrial transition.

    The Commission is not considering the introduction of a direct carbon levy for citizens on top of the EU Emissions Trading System[7].

    • [1] 2025 Annual Single Market and Competitiveness Report: https://single-market-economy.ec.europa.eu/publications/2025-annual-single-market-and-competitiveness-report_en .
    • [2] https://commission.europa.eu/topics/eu-competitiveness/draghi-report_en.
    • [3] https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en.
    • [4] https://commission.europa.eu/topics/eu-competitiveness/clean-industrial-deal_en.
    • [5] https://energy.ec.europa.eu/strategy/affordable-energy_en.
    • [6] https://investeu.europa.eu/index_en.
    • [7] https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets_en.
    Last updated: 28 May 2025

    MIL OSI Europe News –

  • MIL-OSI USA: 141-Unit Public Housing Development Completed in Troy

    Source: US State of New York

    overnor Kathy Hochul today announced the completion of the redeveloped John P. Taylor Apartments in the city of Troy. The new $67 million seven-story mixed-use building, developed by Pennrose, features 141 affordable apartments and ground floor retail space, replacing the complex’s two original towers which were demolished in 2022 after having been vacant for more than a decade. Under Governor Hochul’s leadership, New York State Homes and Community Renewal has financed more than 1,300 affordable homes in Rensselaer County. The redevelopment of the John P. Taylor Apartments continues this effort and complements Governor Hochul’s $25 billion five-year housing plan, which is on track to create or preserve 100,000 affordable homes statewide.

    “The completion of the John P. Taylor Apartments is another step forward in our ongoing mission to create and preserve affordable housing opportunities for New Yorkers,” Governor Hochul said. “This complex demonstrates how important our investments are for communities like Troy. This comprehensive project delivers 141 modern, energy-efficient affordable homes and significant infrastructure improvements that support the city’s continued efforts to revitalize its downtown waterfront.”

    The redevelopment of the John P. Taylor Apartments was a priority of the Revitalize Riverside component of Troy’s $10 million Downtown Revitalization Initiative, which was awarded by the State in 2021. The Revitalize Riverside plan was designed to enhance Troy’s South Central neighborhood and is part of a comprehensive strategy to create commercial space, add new housing, restore Troy’s downtown street grid, and improve the Congress Street Bridge which serves as an important artery to several of the region’s major roadways.

    All units are supported by Project-based Section 8 vouchers issued by the Troy Housing Authority. Residents of the original John P. Taylor Apartments were given a preference for placement in the new apartments.

    The new building was constructed to meet EPA Energy Star Multifamily New Construction and Enterprise Green Communities PLUS criteria. The development utilizes advanced energy efficiency features including all-electric HVAC, increased insulation, and an energy recovery ventilation system.

    The John P. Taylor Apartments will offer an array of modern amenities for residents, including free Wi-Fi, washers and dryers in every apartment, and common areas such as a fitness center, community room, and outdoor patio.

    State financing includes Federal Low-Income Housing Tax Credits that generate $30 million in equity and $20 million in subsidy from New York State Homes and Community Renewal. The Department of State’s Downtown Revitalization Initiative provided $1.6 million in support. The Federal Home Loan Bank provided $1.4 million.

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “Replacing aging public housing stock with modern homes and amenities is one of the most impactful ways to increase quality of life and make housing more affordable for families. This $67 million project, developed by Pennrose in partnership with the Troy Housing Authority, not only provides 141 new apartments but connects people to the city and further revitalizes Troy’s historic waterfront. Under Governor Hochul’s leadership, HCR is proud to work alongside state and local partners to support efforts that are delivering thousands of affordable homes and improving affordability across New York.”

    New York Secretary of State Walter T. Mosley said, “The new Taylor Apartments are a major step towards Governor Hochul’s efforts to make New York more affordable and to create badly needed housing throughout our state. We are incredibly proud of how the Downtown Revitalization Initiative takes a holistic approach in creating opportunities for communities to thrive and for residents to have an affordable place to call home. Congratulations on this successful project completion.”

    U.S. Senator Chuck Schumer said, “Every family in Troy deserves a safe and affordable place to call home. I’m proud that the federal Low-Income Housing Tax Credit that I worked hard to protect and expand has delivered millions to build over 140 new homes at the John P. Taylor Apartments – a redeveloped waterfront building with energy-efficient air conditioning and ventilation systems. High housing costs are a key driver of inflation so we must build more housing for working people to bring down those high prices. I’m proud to have secured federal funding to raze the old, outdated and dilapidated Taylor towers, so that this wonderful new era at the Taylor Apartments could begin. I applaud Governor Hochul’s work increasing access to affordable housing in the Capital Region and across New York, and I will continue working to deliver federal resources to ensure that every New Yorker has a roof over their heads.”

    Assemblymember John McDonald said, “The redevelopment of the John P. Taylor Apartments is a great example of what can be accomplished when state and local partners work together to meet the needs of our communities. This project not only provides high-quality, affordable housing for families in Troy, but it also strengthens the city’s economy through smart, community-focused investment. I’m proud to support initiatives like this that enhance quality of life and create new opportunities for Capital Region residents.”

    Troy Mayor Carmella R. Mantello said, “The completion of the John P. Taylor Apartments marks a major milestone in our continued efforts to move Troy forward. This transformative redevelopment is made possible through the partnership of Pennrose, the Troy Housing Authority, and our city. It not only brings much-needed state of the art affordable housing to our downtown waterfront but also strengthens the connection between our neighborhoods and the Capital Region. Together, we are building a more vibrant, inclusive, and prosperous future for all who call Troy home.”

    Troy City Council President Sue Steele said, “It was a great honor for me to serve as Chair of the Troy Housing Authority Board of Commissioners during the planning, demolition and construction of Taylor 1. This project transformed our city’s downtown while also providing new, modern housing for tenants of the THA. On behalf of the board I want to thank each and everyone involved in making this a reality. I’m grateful for the combined vision of local, state and federal partners and Pennrose to step up and address a critical housing need in our city.”

    Troy Housing Authority Executive Director Deborah Witkowski said, “I want to thank Governor Hochul and our federal and state partners for their investment in the City of Troy and the new Taylor I building which provides 141 units of high-end affordable housing with modern-day amenities that encourage a healthy, sustainable environment for the residents we serve. The Taylor I building is only the beginning of the overall Taylor Apartments revitalization plan that will eventually include other mixed-use, mixed-income buildings with direct access to the riverfront, recreational areas, and a connection to Troy’s downtown district.”

    Pennrose Regional Vice President Dylan Salmons said, “Today’s ribbon cutting is a significant milestone in the years-long effort to revitalize the historic downtown, and we look forward to continuing the momentum with phase II. We’d especially like to thank the local community, neighborhood stakeholders, and residents of Taylor Apartments for their time, feedback, continued trust, and collaboration throughout this process.”

    Governor Hochul’s Housing Agenda
    Governor Hochul is committed to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY 2025 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives, capital funding, and new protections for renters and homeowners. Building on this commitment, the FY 2026 Enacted Budget included more than $1.5 billion in new state funding for housing, a Housing Access Voucher pilot program, and new policies to improve affordability for tenants and homebuyers. In addition, as part of the FY 2023 Enacted Budget, the Governor announced a five-year, $25 billion Housing Plan to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. Nearly 60,000 homes have been created or preserved to date.

    The FY 2025 Enacted Budget also strengthened the Pro-Housing Community Program which the Governor launched in 2023. Pro-Housing certification is now a requirement for localities to access up to $750 million in discretionary funding. Currently, more than 300 communities have been certified, including Troy.

    MIL OSI USA News –

  • Centre pulls up e-commerce giants over ‘dark patterns’, calls for immediate compliance

    Source: Government of India

    Source: Government of India (4)

    In a sharp message to e-commerce platforms, the Ministry of Consumer Affairs on Wednesday urged companies to eliminate the use of “dark patterns” — deceptive user interface designs aimed at misleading consumers — warning that failure to comply could invite regulatory action.

    Chairing a high-level stakeholder meeting in New Delhi, Union Minister for Consumer Affairs and Renewable Energy, Pralhad Joshi said today’s consumers are informed and will not tolerate manipulative online practices. He directed e-commerce companies to conduct self-audits and remove such patterns proactively, instead of waiting for intervention from the Central Consumer Protection Authority (CCPA).

    The meeting saw participation from major industry players including Amazon, Flipkart, Google, Zomato, and Meta, as well as law universities, consumer organisations, and industry bodies like FICCI and NASSCOM.

    Officials highlighted a surge in complaints related to dark patterns on the National Consumer Helpline, prompting the development of tools like the Jagriti App, Jago Grahak Jago App, and the Jagriti Dashboard to help consumers report deceptive designs and access platform safety scores.

    Nidhi Khare, Secretary, Department of Consumer Affairs, said that dark patterns undermine consumer rights and breach the safety pledges many firms had taken on National Consumer Day 2024. Additional Secretary Bharat Harbanslal Khera pointed out that India is among the first countries to issue dedicated guidelines defining and prohibiting 13 types of dark patterns under the Consumer Protection Act.

  • MIL-OSI USA: Merkley, Wyden Fight Trump’s Illegal Gutting of ENERGY STAR Program

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)
    May 28, 2025
    Washington, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden joined 20 of their Senate colleagues to demand the Trump Administration immediately reverse course on its plan to illegally and unilaterally terminate the ENERGY STAR program. In their letter, the Senators highlight the cost-saving benefits of the program, which is projected to save the average American household $450 on utility bills each year simply by choosing ENERGY STAR certified products.
    “For over three decades, the ENERGY STAR program has lowered Americans’ energy bills by informing consumers about energy efficient products. The program has enjoyed bipartisan support since its creation under authority of Section 103 of the Clean Air Act, most recently receiving $35.7 million in fiscal year 2025 appropriations,” wrote the Senators. “Reporting has indicated, however, that the Environmental Protection Agency (EPA) plans to eliminate ENERGY STAR without Congressional approval. Not only is the program protected under federal statute and thus illegal for the Administration to terminate unilaterally, but this decision also lacks basic economic sense. We write to urge you to immediately reverse course.” 
    Since 1992, ENERGY STAR has reduced energy costs for American families and businesses by $500 billion, including $42 billion worth of savings in 2020 alone. For every federal dollar spent on ENERGY STAR, Americans have enjoyed $350 in savings.
    The Senators continued: “ENERGY STAR is the epitome of an effective public-private partnership. As the program’s administrators, EPA and the Department of Energy set qualifying energy efficiency standards for products. EPA also protects the integrity of the ENERGY STAR brand, ensuring it remains well-known, trusted, and indicative of a quality product. Appliance manufacturers then voluntarily display the ENERGY STAR label, notifying consumers that a product will reduce their energy consumption and lower utility bills. The program strengthens consumer choice by sharing critical product information.”
    Administered by the EPA and Department of Energy, ENERGY STAR is a voluntary, market-based program that has saved consumers billions of dollars annually. The ENERGY STAR program has cumulatively reduced four billion metric tons of harmful emissions and currently supports more than 790,000 American jobs manufacturing and installing ENERGY STAR products.
    “Eliminating the ENERGY STAR program will not only raise energy costs for American families and businesses, but also inflict far-reaching economic harms, threatening industry jobs and the reliability of the grid at a time of growing demand. We again urge you to immediately reconsider eliminating this popular and effective Congressionally authorized program,” the Senators concluded.
    ENERGY STAR is strongly supported by a wide array of manufacturers, homebuilders, housing organizations, building owners, small businesses, and other organizations. In April, the U.S. Real Estate Industry sent a letter to the Trump Administration expressing its strong support for the ENERGY STAR program. Additionally, the U.S. Green Buildings Council partnered with the Alliance to Save Energy in leading over 1,000 organizations in urging the Trump Administration to protect the program and maintain full funding and staffing levels.
    The letter was led by U.S. Senators Peter Welch (D-Vt.) and Jeanne Shaheen (D-N.H.). In addition to Merkley and Wyden, the letter was signed by Senators Bernie Sanders (I-Vt.), John Fetterman (D-Pa.), Mazie Hirono (D-Hawaii), Angus King (I-Maine), Chris Coons (D-Del.), Ed Markey (D-Mass.), Sheldon Whitehouse (D-R.I.), Chris Van Hollen (D-Md.), Dick Durbin (D-Ill.), Tammy Baldwin (D-Wis.), Amy Klobuchar (D-Minn.), Brian Schatz (D-Hawaii), Lisa Blunt Rochester (D-Del.), Tina Smith (D-Minn.), Martin Heinrich (D-N.M.), Richard Blumenthal (D-Conn.), Michael Bennet (D-Colo.), and Cory Booker (D-N.J.).
    Click here to read and download the full letter.

    MIL OSI USA News –

  • MIL-OSI USA: Updated Risk Management Framework Supports Success of Marine Energy Devices

    Source: US National Renewable Energy Laboratory

    NREL’s hydraulic and electric reverse osmosis (HERO) wave energy converter (WEC) is seen anchored off Jennette’s Pier in Nags Head, North Carolina. This is NREL’s first marine-powered desalination device to weather ocean waters. Photo by John McCord / Coastal Studies Institute

    The life of a wave energy converter (WEC) may sound idyllic—bobbing on ocean waves all day or swaying underwater, quietly generating electricity for the people living and working near shore.

    But in reality, it takes a lot of careful planning for salt water and electronics to achieve that perceived state of bliss. And that is where a robust risk management plan can find ways to make that pairing work.

    The National Renewable Energy Laboratory’s (NREL’s) Marine Energy Technology Development Risk Management Framework gives marine energy researchers and developers a comprehensive process to break down their approach and any variables that may impede or accelerate their success. The tool includes technical components, environmental conditions, funding sources, staffing, stakeholder support, deployment permits, and more.

    With a greater understanding of each factor and its underlying components, the framework enables groups to better manage uncertainties (both positive and negative) and develop effective contingency plans.

    “You might have one little vulnerable part that costs 10 cents to buy, like an O-ring, but the effects of it failing might be a $1 million loss because it leads to water entering a sealed chamber,” said David Snowberg, NREL engineer and lead author on the report. “That kind of information is useful to know early on.”

    Calculating the Odds

    The revised framework includes a new template for assessing failure modes, their effects, and their potential causes, which are prioritized through a criticality analysis. This free, public tool can help organizations prioritize their investments while minimizing potential damage and costs.

    Senior mechanical engineer David Snowberg (left) leads a tour of the Composites Manufacturing Education and Technology facility for Colorado state representatives in 2022. Photo by Werner Slocum, NREL

    “A risk register provides a structured approach for managing all sources of uncertainty that might impact your objectives,” Snowberg added. “That uncertainty can also be opportunities where potential unknowns become benefits to your project. A risk register can help you manage both those positive and negative uncertainties.”

    He emphasized that it is critical to consider more than just the technical components of a project. Human aspects, such as stakeholder support, are equally important factors in the overall success and timeline of a project.

    “Ignoring risks is rarely a good approach,” said Scott Jenne, NREL ‘s marine energy desalination lead. “They usually come back and cause greater problems than if you had dealt with them early on.”

    Using the marine energy risk management framework, people can identify risks, analyze them, and then plan a response. This cycle continues throughout the course of a project so that groups have a responsive, adaptable way to monitor and manage any type of uncertainty that they encounter.

    Putting It Into Practice

    At NREL, Snowberg is working through the framework with Jenne and the team that designed and built the hydraulic and electric reverse osmosis WEC (HERO WEC), a wave-powered desalination device that has gone through extensive laboratory testing and five ocean installations in North Carolina’s Outer Banks. 

    “The HERO WEC is able to desalinate seawater using either the hydraulic configuration or the electric configuration—so it has two different energy conversion systems that can be swapped out based on the specific area of research the team is focusing on, which makes it at least twice as complicated as it would be otherwise,” Snowberg said.

    Having worked through multiple designs since 2020, Jenne noted, “The complexity increases due to the need to integrate two unique conversion systems on the same device and the fact that you’ve added more things that depend on each other.”

    The hydraulic and electric reverse osmosis (HERO) wave energy converter (WEC) device preparing for its ocean deployment at the Coastal Studies Institute, East Carolina University Outer Banks Campus. Photo by Andrew Simms, NREL

    For a device like the HERO WEC, it is not just about basic functionality—survivability is also a key priority. What would it need to survive a 1-in-50-year storm? And what types of conditions would that storm create, from waves and winds to currents and surf?

    “The marine environment is harsh,” Snowberg said. “Getting things to survive the corrosion, the biofouling, and everything out there is challenging.”

    The HERO WEC team is currently redesigning the second version of the device and leveraging the risk management framework throughout their process—helping them apply lessons learned to build on past successes and steer clear of previous challenges.

    “It’s really important that we design HERO WEC to be highly survivable and reliable,” Jenne said. “Having this framework is a critical tool for us to be able to evaluate what might go wrong before we build another physical model.”

    Since the development of the original framework 10 years ago, the U.S. Department of Energy’s Water Power Technologies Office has worked closely with NREL to incorporate key components and uphold specific requirements for projects with open water testing that they support.

    Snowberg emphasized that the risk management processes are tools for success, meant to meet people where they are at and provide guidance at any stage of project development.

    “If you can manage the uncertainty of your project in a way that you see those benefits, then it’s something you’ll be motivated to continue doing,” Snowberg said. “I’ve been at NREL for 15 years, and managing risks to help support marine energy has been the most fulfilling and rewarding type of project that I’ve worked on because it has the most tangible impact.”

    With these concrete tools in hand, WPTO and NREL can help pave the way for the marine energy industry to find clearer, quicker paths to success.

    Co-authors on the Marine Energy Technology Development Risk Management Framework include Ritu Treisa Philip, NREL mechanical engineer, and Jochem Weber, chief engineer of NREL’s Water Power program.

    MIL OSI USA News –

  • MIL-OSI: AI Finder: Bringing Smart Crypto Investing to the Masses

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 28, 2025 (GLOBE NEWSWIRE) — AI Finder, an ambitious blockchain-AI project built to empower the next generation of crypto investors, has officially launched. With the rapid development of AI technology and its transformative impact on global industries, AI Finder introduces a powerful alternative to centralized platforms by combining decentralized GPU infrastructure with user-customizable AI investment tools.

    The project’s mission is clear: make AI accessible, affordable, and actionable—especially for those navigating the volatile and data-heavy crypto markets. By tapping into underutilized GPU power from around the world, AI Finder lowers the technical and financial barriers that have traditionally excluded everyday users from AI-powered investing.

    Transforming Investment Through AI and Decentralization

    At the heart of AI Finder is a fully decentralized GPU network (“De-GPU”) that allows users and enterprises to contribute spare GPU power to the network. This model not only makes it easier to scale AI training and execution, but also opens up new earning opportunities for both contributors and investors.

    Unlike conventional crypto dashboards or research platforms, AI Finder empowers users to build, train, and deploy their own AI models tailored to their individual investment goals. Whether analyzing low-cap tokens, assessing airdrop potential, or forecasting price movements of the top 100 cryptocurrencies, AI Finder automates the heavy lifting using real-time data, AI inference engines, and pre-built templates.

    This launch marks a significant shift in how investment decisions are made, replacing fragmented tools and gut feelings with precision-driven strategies built on machine learning.

    A Purpose-Built Ecosystem for Smarter Investing

    The foundation of AI Finder lies in its all-in-one ecosystem, designed to support every stage of a crypto investor’s journey. At its core is a decentralized GPU network that powers the training and inference of AI models using computing resources contributed by the community. This is complemented by the AI Model Builder, which offers both no-code and low-code environments for users to design investment strategies tailored to their individual risk profiles and financial goals.’

    The AI Insight Generator helps cut through the noise by transforming complex on-chain data, market news, and token stats into simple, useful insights investors can act on. Layered on top of this is a proprietary large language model (LLM) developed specifically for crypto markets—enabling natural-language querying and decision support unlike anything available through traditional research tools. Together, these components create a seamless, AI-native infrastructure for smarter, faster, and more confident investment decisions.

    Addressing Real Challenges in AI and Crypto

    AI Finder addresses some of the most persistent challenges in both the AI and cryptocurrency landscapes. First, it tackles the growing GPU shortage and the soaring costs of AI computing. By decentralizing access to GPU power, the platform lowers the barrier to entry for both model builders and users who otherwise couldn’t afford high-performance infrastructure.

    It also responds to the issue of fragmented data and information overload. Instead of juggling multiple premium platforms and tools, users can now rely on a single AI-driven interface that streamlines insights and reduces noise. On the security front, its decentralized design replaces traditional centralized systems—which are often opaque, biased, or prone to abuse—giving users more control and transparency over how their data is handled and how models are used.

    Lastly, AI Finder closes the gap in skill accessibility. Its no-code tools make it possible for non-technical investors to build and run sophisticated AI strategies, democratizing technology that was once exclusive to hedge funds and quant teams.

    A Vision for the Future

    AI Finder’s launch is not just a product release—it’s the beginning of a movement toward open, AI-native investing. By combining the precision of artificial intelligence with the openness of blockchain, the platform enables a new class of investors and builders to participate in shaping the financial tools of tomorrow.

    The team behind AI Finder believes that the future of investing will be automated, intelligent, and decentralized—and that every investor deserves access to the same level of insight and infrastructure once reserved for institutions.

    Community Access and Next Steps

    Following its official launch, AI Finder is now opening access to its core modules for early users and contributors. The platform welcomes investors, data scientists, GPU providers, and crypto enthusiasts to participate in shaping its next chapters.

    Join the conversation and become part of the AI-powered investing movement:

    – Telegram: https://t.me/aifinderofficial

    – Twitter/X: https://x.com/AiFinder_world

    – Discord: https://discord.gg/yk2vtguE

    – Contact person name: Peyton Mong

    – Contact person email: support@aifinders.net

    About AI Finder

    Founded in 2024, AI Finder is a decentralized AI infrastructure and trading intelligence platform that helps users build, train, and deploy custom AI models for the crypto market. By utilizing underused GPU resources and offering intuitive AI tools, AI Finder democratizes access to advanced investment insights and algorithmic strategies—making AI-powered investing scalable and inclusive.

    Disclaimer: This press release is provided by AI Finder. 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. 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. 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. Speculate only with funds that you can afford to lose. 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.

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    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7f0bca28-d131-4561-adad-195607643fd7

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    The MIL Network –

  • MIL-OSI United Nations: UNECE supports e-mobility development in Belarus and beyond

    Source: United Nations Economic Commission for Europe

    As countries across the UNECE region move towards cleaner and more efficient transport systems, UNECE energy and transport experts have been working to advance electric mobility through the implementation of a regional project that has delivered tangible results, including a comprehensive regional study and subsequent national-level activities.  

    UNECE continues to provide countries with the tools and insights needed to accelerate the decarbonization of inland transport, as well as with technical and policy support through the development of targeted knowledge resources. At a recent national workshop in Minsk, dedicated to assessing the readiness of the energy sector to implement smart digital energy-efficient technologies in Belarus in view of climate change mitigation, UNECE experts presented two recent publications, aimed at supporting the informed decision-making on electric mobility. 

    The workshop was co-organized by UNECE, UNDP Belarus, and the Department for Energy Efficiency of the State Committee for Standardization of the Republic of Belarus. The event brought together government officials at the national and local levels, and other national stakeholders to explore strategic options for advancing e-mobility in Belarus, drawing on lessons from the UNECE region. 

    Advancing e-mobility through regional experience 

    The “Electrification of Mobility” publication, developed under the UNECE Working Party on Transport Trends and Economics (WP.5), provides a consolidated overview of regional trends and practical policy insights for the electrification of road, rail, and inland waterway transport. It examines: 

    • Common challenges such as infrastructure readiness, vehicle affordability, and supply chain resilience 

    The publication was developed with extrabudgetary support from the Netherlands, contributing both funding and technical input to UNECE’s broader work on sustainable transport. 

    Compendium on charging infrastructure and energy integration 

    The “E-Mobility Compendium: Best Practices and Case Studies on EV Charging Infrastructure Deployment and Energy System Integration”  brings together practical, real-world case studies that demonstrate how countries are advancing the deployment of charging infrastructure and its integration with energy systems. 

    The compendium showcases diverse examples, including: 

    • Strategic placement of charging infrastructure in urban and rural areas 

    • Governance, financing, and public-private collaboration models 

    Although regional in scope, the compendium is designed to be adaptable to national contexts, including that of Belarus, offering valuable guidance to countries that are shaping their own e-mobility frameworks.  

    Strengthening the knowledge base through UNECE E-Mobility Task Force 

    Recognizing the need for continued knowledge exchange and coordination across transport and energy systems, the UNECE E-Mobility Task Force was launched in 2024. It is mandated by the UNECE Inland Transport Committee (ITC) and the Committee on Sustainable Energy (CSE), and co-chaired by the Chairs of WP.5 and the Group of Experts on Cleaner Electricity Systems. 

    Organized into thematic workstreams, the initiative supports the advancement of EV technology, charging infrastructure, and clean energy integration. It facilitates the exchange of best practices and coordinates efforts to guide long-term planning and Zero Emission Vehicle (ZEV) deployment. Key areas of focus include smart and bidirectional charging, regulatory frameworks that ensure affordability and transparency, harmonized technical standards, and enhanced cybersecurity. The initiative also promotes user-friendly payment systems, accessible grid connections, and effective communication of charging capabilities. 

    In addition, it provides guidance for national infrastructure planning, supports the convergence of existing protocols into de jure standards to enable international interoperability of charging systems, and explores how land use strategies can improve accessibility and reduce mobility needs. With broad engagement from governments, industry, academia, and civil society, the initiative ensures inclusive and actionable progress toward a sustainable e-mobility future. 

    This informal Task Force serves as a collaborative platform to: 

    • Support the development and sharing of policy-relevant knowledge to guide national efforts in the transition to electric mobility 
    • Promote regulatory and technical coherence across the UNECE region to enhance interoperability, standardization, and cross-border coordination 

    The UNECE E-Mobility Task Force will continue to play a central role in enriching the E-Mobility Compendium with new case studies and practical examples. These will be incorporated into an upcoming online quick-start guide designed to support policymakers and practitioners with accessible, actionable insights adaptable to national contexts in specific countries. 

    Photo credit: Adobe Stock Images by Nitiphol

    MIL OSI United Nations News –

  • MIL-OSI USA: Cornyn, Cruz, Colleagues Introduce Protect LNG Act

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – U.S. Sens. John Cornyn (R-Texas), Ted Cruz (R-Texas), Roger Wicker (R-Miss.), and Tim Scott (R-S.C.) reintroduced the Protect LNG Act. The legislation ensures that a court cannot vacate a previously authorized LNG permit, clarifies the venue for LNG lawsuits before federal courts, and mandates that courts grant expedited decisions in relevant cases.
    “Oil and natural gas production employs hundreds of thousands of hardworking Texans and is a critical part of the Texas economy, as well as our nation’s energy sector as a whole.” said Sen. Cornyn. “I am proud to lead this bill alongside Sen. Cruz to help protect energy projects across our country from lawsuits that far-left climate activists file in an attempt to hamstring American energy.”
    “American energy has the ability to metaphorically and literally power the world, and Texas is the lead exporter of U.S. LNG. Those achievements have been under attack by fringe environmental groups, who use and are enabled by politicized courts,” said Sen. Cruz. “This legislation counters such attacks, and I’m proud to lead the fight to protect energy producers, the jobs they create in Texas, and America’s energy leadership. The Senate should expeditiously take it up and pass it.”
    “The United States has an abundance of LNG, which is essential for establishing American energy dominance and safeguarding our national security,” said Sen. Wicker. “The Protect LNG Act would prevent energy production from being politicized or undermined by far-left environmental groups. I am committed to defending energy job creators and preserving American energy independence.”
    “The Protect LNG Act is about bringing certainty back to American energy. Radical activists are using the courts to block or delay key energy projects that have already been approved—ultimately threatening jobs, driving up costs, and undermining our national security. For South Carolina, this legislation ensures stronger protections for our growing role in energy exports, stability in our port economy, and a clear signal to our allies that America will deliver,” said Sen. Scott. “I’m proud to support legislation that doesn’t just keep the lights on, but keeps our country strong, competitive, and in control of its future.”
    Companion legislation was introduced in the House by Rep. Wesley Hunt (R-Texas-38).
    “Natural gas is the most impactful green initiative on the planet—it has the power to lift entire nations and communities out of poverty. Yet sadly, natural gas and LNG have been weaponized by the radical left and the climate cartel, driving up energy costs for hardworking Americans—just as we’re still reeling from the disastrous effects of Biden-flation,” said Rep. Hunt. “I’m proud to lead Senator Cruz’s effort in the House to strengthen our domestic LNG industry and ensure it provides the energy security and economic strength our nation needs.”
    Read the full text of the bill here.
    Background:
    This bill would: 
    Ensures that a federal court cannot vacate previously authorized permits for Liquified Natural Gas (LNG) facilities.
    Specifies that circuit court jurisdiction for litigation against LNG facilities shall be determined by the location of the facility, not the headquarters location of the federal agency that issued the permits. 
    Sets a 90-day clock for lawsuits challenging a federal permit for an LNG facility and requires expedited review of lawsuits against LNG facilities.

    MIL OSI USA News –

  • MIL-OSI Economics: Laos’ large hydropower capacity to reach 16GW in 2035, forecasts GlobalData

    Source: GlobalData

    Laos’ large hydropower capacity to reach 16GW in 2035, forecasts GlobalData

    Posted in Power

    Laos’ Ministry of Energy and Mines (MEM) has set a goal to reach hydropower capacity of 12GW by 2025 and 20GW by 2030, with the objective of facilitating regional exports. The nation is poised to export renewable electricity to Thailand, Cambodia, and Vietnam, and to a lesser extent, to Myanmar and Malaysia. Against this backdrop, large hydropower capacity in the country is expected to reach 16GW in 2035, registering a compound annual growth rate (CAGR) of 4.8% during 2024-35, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Laos Power Market Outlook to 2035, Update 2025 – Market Trends, Regulations, and Competitive Landscape,” reveals that annual large hydropower generation in Laos is expected to increase at a CAGR of 4.6% between 2024-35 to reach 63.5TWh. Although at the current pace, the country is expected to fall short of its 2030 target, proper policy enforcement and time-bound targets will enable it to bridge this gap.

    In 2011, the country released Renewable Energy Development Strategy, setting a target to achieve 30% of energy consumption to be sourced from renewables by 2025. The government has primarily focused on hydropower along with biomass energy.

    Attaurrahman Ojindaram Saibasan, Senior Power Analyst at GlobalData, comments: “Laos has established itself as a net exporter of electricity, earning the moniker “Battery of Southeast Asia.” The nation produces an excess of electricity beyond its domestic needs, facilitating the export of this surplus to neighboring countries, with Thailand, Vietnam, China, and Cambodia being the primary beneficiaries. The country engages in the exportation of electricity through long-term Power Purchase Agreements (PPAs) with these adjacent nations. Laos is planning to export 9GW of electricity to Thailand by 2025 and 5GW to Vietnam by 2030.”

    Thailand stands as the foremost recipient of Laotian electricity, utilizing both 500kV and 230kV transmission lines for this purpose. Vietnam ranks next, receiving electricity via 220kV and 500kV transmission lines.

    Saibasan concludes: “Laos relies significantly on export revenue, which renders its economy susceptible to fluctuations in external markets. To manage the increasing cross-border electricity flows, there is a pressing need for infrastructure enhancements. Moreover, as prices are frequently determined by purchasers such as Thailand and Vietnam, Laos finds its bargaining power constrained. The country should look to invest in energy storage systems and upgrading its grid to overcome these challenges.”

    MIL OSI Economics –

  • MIL-OSI USA: 05.28.2025 Sen. Cruz, Colleagues Introduce Protect LNG Act

    US Senate News:

    Source: United States Senator for Texas Ted Cruz

    WASHINGTON, D.C. – U.S. Sens. Ted Cruz (R-Texas), John Cornyn (R-Texas), Roger Wicker (R-Miss.), and Tim Scott (R-S.C.) reintroduced the Protect LNG Act. The legislation ensures that a court cannot vacate a previously authorized LNG permit, clarifies the venue for LNG lawsuits before federal courts, and mandates that courts grant expedited decisions in relevant cases.
    Sen. Cruz said, “American energy has the ability to metaphorically and literally power the world, and Texas is the lead exporter of U.S. LNG. Those achievements have been under attack by fringe environmental groups, who use and are enabled by politicized courts. This legislation counters such attacks, and I’m proud to lead the fight to protect energy producers, the jobs they create in Texas, and America’s energy leadership. The Senate should expeditiously take it up and pass it.”
    Sen. Cornyn said, “Oil and natural gas production employs hundreds of thousands of hardworking Texans and is a critical part of the Texas economy, as well as our nation’s energy sector as a whole. I am proud to lead this bill alongside Sen. Cruz to help protect energy projects across our country from lawsuits that far-left climate activists file in an attempt to hamstring American energy.”
    Sen. Wicker said, “The United States has an abundance of LNG, which is essential for establishing American energy dominance and safeguarding our national security. The Protect LNG Act would prevent energy production from being politicized or undermined by far-left environmental groups. I am committed to defending energy job creators and preserving American energy independence.”
    Sen. Scott said, “The Protect LNG Act is about bringing certainty back to American energy. Radical activists are using the courts to block or delay key energy projects that have already been approved—ultimately threatening jobs, driving up costs, and undermining our national security. For South Carolina, this legislation ensures stronger protections for our growing role in energy exports, stability in our port economy, and a clear signal to our allies that America will deliver. I’m proud to support legislation that doesn’t just keep the lights on, but keeps our country strong, competitive, and in control of its future.”
    Companion legislation was introduced in the House by Rep. Wesley Hunt (R-Texas-38).
    Rep. Hunt said, “Natural gas is the most impactful green initiative on the planet—it has the power to lift entire nations and communities out of poverty. Yet sadly, natural gas and LNG have been weaponized by the radical left and the climate cartel, driving up energy costs for hardworking Americans—just as we’re still reeling from the disastrous effects of Biden-flation. I’m proud to lead Senator Cruz’s effort in the House to strengthen our domestic LNG industry and ensure it provides the energy security and economic strength our nation needs.”
    Read the full text of the bill here.
    BACKGROUND:
    This bill would:

    Ensures that a federal court cannot vacate previously authorized permits for Liquified Natural Gas (LNG) facilities.

    Specifies that circuit court jurisdiction for litigation against LNG facilities shall be determined by the location of the facility, not the headquarters location of the federal agency that issued the permits. 

    Sets a 90-day clock for lawsuits challenging a federal permit for an LNG facility and requires expedited review of lawsuits against LNG facilities.

    Sen. Cruz has long been a leader in unleashing America’s energy potential and protecting America’s traditional energy industry. He called out the previous administration for undermining the oil and gas industry and urged them to expedite the permit process for LNG projects.

    In April 2024, Sen. Cruz sent a letter urging for an extension of time to Delfin LNG LLC’s approval to export LNG after the Biden administration’s deference to the radical climate lobby. During the nomination hearing for Sean Duffy to be Secretary of Transportation, Sen. Cruz pointed out the Biden administration’s hostility towards the oil and gas industry, citing the previous administration’s failure to approve Deepwater port licenses and asked Secretary Duffy to expedite review of Delfin’s reapplication in Texas.

    Sen. Cruz issued a statement after the U.S. Court of Appeals for the D.C. Circuit reinstated approvals for LNG projects for Rio Grande LNG and Texas LNG Brownsville. The D.C. Circuit had previously vacated the permits for both projects in an August 2024 decision.

    Sen. Cruz first introduced the Protect LNG Act in 2024, which would ensure that a court cannot vacate a previously authorized LNG permit, clarify the venue for LNG lawsuits before federal courts, and mandate that courts grant expedited decisions in these cases, and was joined by Sen. John Cornyn (R-Texas) in introducing the bill.

    MIL OSI USA News –

  • MIL-OSI Global: Trump’s West Point speech brought partisanship to the home of the US military − 2 essential reads

    Source: The Conversation – USA – By Jeff Inglis, Environment + Energy Editor, The Conversation US

    President Donald Trump delivers the commencement address at West Point on May 24, 2025. AP Photo/Adam Gray

    President Donald Trump’s speech at the graduation of the class of 2025 from the U.S. Military Academy at West Point included segments that were clearly scripted and portions that were obviously not.

    During the unscripted portions, Trump, who wore a bright red “Make America Great Again” campaign hat during his entire appearance on May 24, 2025, delivered remarks that hit many of his frequent partisan political talking points. That included attacking presidential predecessors Barack Obama and Joe Biden, describing immigrants to the U.S. as “criminals” and trumpeting other policy accomplishments in his first and second terms.

    That level of partisanship in a military setting – on the campus of the nation’s first military academy, and before an audience of cadets and their families, many of whom are veterans – is unusual in the United States.

    The Conversation U.S. has published several articles discussing the importance to democracy of keeping the military and partisan politics separate. Here are two highlights from that coverage.

    1. Cadets focus on the Constitution

    During the West Point ceremony, the graduates themselves took an oath to “support and defend the Constitution of the United States against all enemies, foreign and domestic.” And all of them had studied the significance of that oath, including in classes like those taught by Joseph G. Amoroso and Lee Robinson, active-duty Army officers who graduated from West Point and later served as professors there.

    As Amoroso and Robinson wrote, those classes teach cadets that, like all military personnel, they serve the Constitution and the American people, not a particular person or political party:

    “(O)ur oath forms the basis of a nonpartisan ethic. In the U.S., unlike in many other countries, the oath implies military leaders should be trusted for their expertise and judgment, not for their loyalty to an individual or political party. We emphasize to cadets the rules and professional expectations associated with this profound responsibility.”



    Read more:
    Military personnel swear allegiance to the Constitution and serve the American people – not one leader or party

    2. A tradition of nonpartisanship

    Retired U.S. Air Force Maj. Gen. Samuel C. Mahaney, who teaches history, national security and constitutional law at Missouri University of Science and Technology, observed:

    “(S)ince the days of George Washington, the military has been dedicated to serving the nation, not a specific person or political agenda. … (N)onpartisanship is central to the military’s primary mission of defending the country.”

    Mahaney wrote that if Trump’s actions during his second term meant a change from the centuries of precedent, “military personnel at all levels would face a crucial question: Would they stand up for the military’s independent role in maintaining the integrity and stability of American democracy or follow the president’s orders – even if those orders crossed a line that made them illegal or unconstitutional?”

    Presenting a key question for military personnel.



    Read more:
    Trump’s firings of military leaders pose a crucial question to service members of all ranks

    This story was updated to highlight two articles from The Conversation’s archives.

    – ref. Trump’s West Point speech brought partisanship to the home of the US military − 2 essential reads – https://theconversation.com/trumps-west-point-speech-brought-partisanship-to-the-home-of-the-us-military-2-essential-reads-257673

    MIL OSI – Global Reports –

  • MIL-OSI Security: Angelina County Man Guilty of Federal Violations Related to Various Schemes

    Source: US FBI

    BEAUMONT, Texas – A Lufkin man has pleaded guilty to federal violations in the Eastern District of Texas, announced Acting U.S. Attorney Abe McGlothin, Jr.

    Matthew Jess Thrash, 49, pleaded guilty to two counts of wire fraud on May 12, 2025, before U.S. Magistrate Judge Zack Hawthorn.

    According to information presented in court, in December 2020, law enforcement received a report of suspected fraud.  An investigation revealed Thrash obtained approximately $9,170,124 from over 100 victims through fraudulent means, including sports related investment schemes; a Las Vegas cannabis store scheme; and loans from victims.  Thrash also fraudulently obtained money by applying for COVID relief loans to which he was not entitled, including a Paycheck Protection Program (PPP) loan. The PPP was a Small Business Administration program that provided forgivable loans to qualifying entities. Thrash did not invest or use the fraudulently obtained funds for the intended purposes.  Instead, he used the money to gamble, pay personal expenses, and to repay other victims in an attempt to avoid detection.

    Thrash faces up to 30 years in federal prison, a potential fine, and restitution at sentencing.  The maximum statutory sentence prescribed by Congress is provided here for information purposes, as the sentencing will be determined by the court based on the advisory sentencing guidelines and other statutory factors. A sentencing hearing will be scheduled after the completion of a presentence investigation by the U.S. Probation Office.

    This case is being investigated by FBI’s Lufkin Field Office, the Texas Department of Public Safety, and the Lufkin Police Department.  This case is being prosecuted by Assistant U.S. Attorney Lauren Gaston.

    ###

    MIL Security OSI –

  • MIL-OSI Russia: The results of the XVI All-Russian Interuniversity Personnel Forum named after A.Ya. Kibanov have been summed up

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    The XVI All-Russian Interuniversity Personnel Forum named after A.Ya. Kibanov “Innovative Personnel Management” was held at the State University of Management.

    More than 230 students, young scientists, authoritative teachers and experts in the field of personnel management took part in the forum’s in-person events. In total, over 450 people from different regions of Russia became participants in the event this year.

    The concept of the A.Ya. Kibanov Personnel Forum this year was based on the idea that HR specialists, like legendary Russian heroes, stand guard over the interests of the company and, armed with knowledge and skills, are ready to bring glory and prosperity to their organization, and create and strengthen its HR brand.

    Read about the opening and first day of the forum in this article.

    Participants discussed how to build effective and trusting communications within a company, which become the foundation for a cohesive and motivated team. Particular attention was paid to creating a unique and attractive employer brand for candidates, which would reflect the values of the organization and arouse genuine interest in talented specialists.

    Modern approaches to attracting and retaining highly qualified personnel were discussed, as well as strategies for increasing human capital through training, development and involvement. Experts shared practices for developing a corporate culture that helps to unlock the potential of each employee and create an atmosphere of mutual respect and support.

    The HR Forum became a platform for exchanging experiences and inspiration, where future HR specialists received new tools and ideas for creating a strong HR brand and building communications that can lead the company to sustainable growth and prosperity.

    Over the course of three days, the participants of the Student Olympiad immersed themselves in the world of HR: conducted analytical research, developed strategies, exchanged experiences, generated innovative ideas, fought in battle mode and presented their solutions to the expert jury. The victory went to the most goal-oriented and creative. In addition to the main assessment of the works by the expert jury, the Student Olympiad also included a Competition for the Audience Award, which was held in person: experts, speakers, teachers and jury members voted for the most liked homework from the teams participating in the Olympiad – the poster “HR-Bingo-Brand”.

    Also this year, the forum included an advanced training course on “Effective Methods of Training HR Specialists”, where 35 students studied and discussed current issues on the development of the use of effective methods in the process of training students in the field of “HR Management”.

    The XVI All-Russian Interuniversity Personnel Forum named after A.Y. Kibanov “Innovative Personnel Management” was held with the support of the Council for Professional Qualifications in Personnel Management, as well as with active interaction with such partners as: ANCOR, SuperJob, Roskachestvo, Aktion Students, Trivio, Perviy Bit, Independent Veterinary Laboratory “Chance Bio”, Educational Center Higher Veterinary School, City Clinical Hospital No. 67 named after L.A. Vorokhobov, Chernogolovka Group of Companies, SPILS.ART Creative Cluster, Aromapsychologist. Partner companies highlighted their nominations and provided participants and winners with valuable gifts and prizes.

    On the final day of the forum, the results were summed up, the winners were officially announced, and awards and gifts were presented.

    Results of the XVI All-Russian Interuniversity Personnel Forum named after A.Ya.Kibanov “Innovative Personnel Management”

    Correspondence competitions “Innovative personnel management – 2025”

    Competition “Best article on personnel management”

    1st place – Chulanova O.L., Savchenko A.Yu. (Surgut State University)

    Article “Tools for Overcoming the Shortage of Highly Qualified Personnel Based on the Bionic Approach and Sharing of Competencies”

    2nd place – Abdulova T.G., Gagarinskaya G.P., Khorovinnikova E.G. (Volga Region State Transport University)

    Article “Transformation of labor and human capital management in the context of digitalization: challenges, principles and trends”

    3rd place – Shumanskaya A.B., Obumova A.I. (Saint Petersburg State Technological Institute (Technical University))

    Article “Dependence of professional burnout on the social orientation of the profession and the level of empathy of the individual”

    Competition “Best article of a young scientist on human resource management”

    1st place – Zlobina N.K., Shanina E.V. (Penza State University)

    Article “Integration of Well-being approach into the organization’s personnel management”

    Scientific supervisor: Ekaterina Vladimirovna Shanina

    2nd place – Oglezneva E.E. (Financial University under the Government of the Russian Federation)

    Article “Reverse Mentoring: Concept, Problems and Development Prospects”

    Scientific supervisor: Aleksashina Tatyana Viktorovna

    3rd place – Shkerina E.E., Goncharenko K.A. (Saint Petersburg State Technological Institute (Technical University))

    Article “Emotional intelligence of a manager as a factor in increasing the involvement of subordinates”

    Supervisor: Anna Anatolyevna Dorogovtseva

    Competition “Best educational and methodological development on personnel management”

    1st place – Lysenko E.V. INTERNATIONAL HR MANAGEMENT. Study guide for students studying in the direction 38.03.03 – Personnel Management (manuscript)

    2nd place – Learn to learn: features of working with information in the educational and scientific activities of university students: a teaching aid / E.A. Berezovskaya, O.V. Klimova, N.L. Krasnogor [et al.]; under the general editorship of I.Yu. Plotnikova; Ministry of Science and Higher Education of the Russian Federation, Ural Federal University. – Yekaterinburg: Publishing house of the Ural. University, 2024. – 260 p.

    3rd place – Fundamentals of project activities: textbook / Yu.A. Alekseeva, M.V. Gashkov, M.I. Imamverdieva; edited by O.L. Chulanova. – Moscow: INFRA-M, 2025 – 307 p.

    Competition “Best scientific work on personnel management”

    1st place – Milyaeva L.G. Modern technologies of personnel management: selected 2: monograph /L.G. Milyaeva. – Moscow: RUSAINS, 2024. – 212 p.

    Competition of innovative projects on personnel management and labor economics for students and postgraduates

    Winner in the nomination “Homo qui videt”

    Evseeva A.A., Le Thi My Linh, Petrishchev A.K. (Ulyanovsk State Technical University)

    Scientific supervisor: Natalia Mikhailovna Tsytsarova

    Project “Ageism in the Labor Market: A Modern View”

    Winner in the nomination “Homo aliena”

    Vdovichenko V.A., Fedchuk A.V., Potapova D.S. (Financial University under the Government of the Russian Federation)

    Scientific supervisor: Natalia Valerievna Sakharova

    Project: “Animal ID. Paw HR”

    Winner in the nomination “Homo excitari”

    Gataullina A.I. (Surgut State University)

    Scientific supervisor: Chulanova Oksana Leonidovna

    Project: “Development of tools for motivating project teams”

    Winner in the nomination “Homo neiro”

    Dudnik E.V., Monul D.A., Fomenko M.V. (State University of Management)

    Scientific supervisor: Mitrofanova Alexandra Evgenievna

    Project: “Atlas of HR Professions”

    3rd place

    Smirnov D.R. (Surgut State University)

    Scientific supervisor: Chulanova Oksana Leonidovna

    Project: “Using a dashboard in working with the staff of the Admissions Office of Surgut State University”

    2nd place

    Kabanova Yu.I., Druzhinina S.A., Kutumova D.R. (National Research Nizhny Novgorod State University named after N.I. Lobachevsky)

    Supervisor: Mariko Valeria Valerievna

    Project: “Chatbot for translation and explanation of Anglicisms “Info Motya””

    1st place

    Nikitina K.D., Druzhinina P.Yu., Nguyen Ngoc Ha Phyung, Nguyen Thi Thanh Huyen, Fastovskaya M.S., Makarkin M.M. (State University of Management)

    Scientific supervisor: Ph.D., Associate Professor Lobacheva Anastasia Sergeevna

    Project: “HR in the Heart”

    Grand Prix

    Krapiventseva A.A. (State University of Management)

    Scientific supervisor: Ph.D., Associate Professor Ekaterina Viktorovna Kashtanova

    Project: “Development of a board business game for student adaptation”

    Student Olympiad “Human Resources Management: Yesterday, Today, Tomorrow”

    Best homework

    Team: “Mafia HR”.

    Team members: Arustamyan Nane Armenovna, Bakhteeva Alina Fyaimovna, Drobysheva Victoria Vitalievna, Tkacheva Irina Olegovna, Churikova Kristina Maksimovna (State University of Management)

    Scientific supervisor: Illarionova Ekaterina Sergeevna

    The best case

    Command: “NEXT PROFI”. Team composition: Aminov Danila Fanilievich, Vedeneeva Polina Dmitrievna, Kabanova Yulia Ivanovna, Zubova Ekaterina (National Research Nizhny Novgorod State University named after N. I. Lobachevsky)

    Scientific supervisor: Ulmaeva Liliya Nailevna

    The best quest

    Team: “Adepts of Human Resources”. Team members: Snezhana Evgenievna Batayeva, Georgy Mikhailovich Solomatin, Vladislav Denisovich Abrashnev (Moscow Automobile and Road State Technical University (MADI)

    Scientific supervisor: Olga Anatolyevna Peshkova

    3rd place

    Team: “Vedunya Kadrov” (Personnel Witches). Team members: Sokolovskaya Sofia Sergeevna, Sushkevich Yulia Dmitrievna, Chernikova Polina Vadimovna (Volga Region Institute of Management named after P. A. Stolypin – branch of RANEPA)

    Scientific supervisor: Moiseenko Natalia Vladimirovna

    2nd place

    Command: “Vector”. Team composition: Druzhinina Svetlana Andreevna, Negodnova Anastasia Sergeevna, Khakov Rinat Denisovich, Chabanyuk Elina Aleksandrovna, Kutumova Daria Romanovna (National Research Nizhny Novgorod State University named after N. I. Lobachevsky)

    Supervisor: Mariko Valeria Valerievna

    1st place

    Team: “Polyanitsi”. Team members: Kvach Ekaterina Sergeevna, Kozhevnikova Darina Alekseevna, Sergeeva Polina Aleksandrovna (St. Petersburg State University)

    Scientific supervisor: Kulchitskaya Elena Valerievna

    Grand Prix

    Team: “Snake Icharych.” Team composition: AGlushkova Anastasia Sergeevna, Ishkova Olga Andreevna, Shchetinin Mark Alekseevich (State University of Management)

    Scientific supervisor: Ekaterina Viktorovna Kashtanova

    Detailed information about the Forum, its annual program, format and results is presented on the official website, and you can see more photos in the VKontakte community.

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

    MIL OSI Russia News –

  • MIL-OSI: Gevo to Sell Luverne, Minnesota Ethanol Facility to A.E. Innovation; Will Retain Isobutanol Assets for Future Innovation

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., May 28, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that it has entered into a definitive agreement to sell Agri-Energy, LLC (“Agri”), a wholly owned subsidiary of Gevo, to A.E. Innovation, LLC (“A.E.”) for $7 million. The transaction includes Agri’s 18-million-gallon-per-year ethanol-production facility located in Luverne, Minnesota. Gevo will retain ownership of certain isobutanol-production-related assets and a portion of the vacant land at the site for future use. With these retained assets, Gevo could potentially produce up to 1 million gallons per year of isobutanol, which can be sold as a specialty chemical, or converted into isooctane and jet fuel.

    A.E., an agriculture-oriented buyer group located in Minnesota, will acquire the ethanol plant and a portion of the land with the intent to restart ethanol production, which has been idled since 2022. A.E. also intends to make the site available for other companies to scale up new technologies and ideas as an innovation hub.

    “We’re seeing rapid innovation in the direction of bio-based fuels and chemicals and Agri-Energy has the demonstrated history that it can work on the cutting edge,” says Dave Kolsrud, principal of A.E. Innovation, LLC. “We see Gevo and others making strides and we know we’ll be a part of that. We are excited to host the next generation of biofuel innovations that need a friendly, practical place where they can scale them up. That’s Luverne, with its history of innovation, its low-carbon corn supply, wind power, and great people.”

    Over the last several years, the Luverne plant, in conjunction with local farmers, has been used as a demonstration site for educating Gevo’s stakeholders about regenerative agriculture and the versatility of corn and its co-products, as well as biofuel production, including synthetic aviation fuel (“SAF”), isobutanol, and ethanol. Gevo and A.E. look forward to continuing and expanding upon this valuable stakeholder outreach.

    “We see tremendous potential for future growth and new partnerships with A.E. Innovation,” says Patrick Gruber, CEO of Gevo. “Minnesota’s farming communities, especially in places like Luverne, are leading the way with smart, sustainable agricultural practices. We believe it’s the perfect foundation for building innovative solutions in carbohydrate-based energy and chemicals that the world urgently needs.”

    Gevo notes that the sale of Agri-Energy to A.E. Innovation provides $2 million of cash upon closing and an additional $5 million of future cash under the purchase agreement, along with an estimated annual savings of approximately $3 million per year of current facility idling costs. Gevo also anticipates potential future benefits from isobutanol fermentation through a side-by-side operational model with the ethanol assets. Restarting ethanol production is expected to bring positive impacts to the City of Luverne, including support for local farmers and strengthening the regional economy.

    The transaction is expected to close by the end of 2025, subject to the procurement of financing by A.E. and the satisfaction of other customary closing conditions.

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. Gevo also operates an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    About A.E. Innovation, LLC
    A.E. Innovation, LLC, is an agriculture-oriented buyer group located in Minnesota founded to purchase the ethanol-production assets of Agri-Energy, LLC, with the intent of operating the plant as an innovation facility providing companies with the opportunity to certify that new technologies can transition from laboratory or bench-top status to full production-level performance using locally sourced, regeneratively grown corn as a feedstock. For more information regarding innovation opportunities at the Luverne, MN facility, contact David Kolsrud (507-920-5348) email: david@dakrenewableenergy.com or Dan Heard (605-929-2047) email: dan@dakrenewableenergy.com.

    Forward Looking Statements
    This release contains “forward-looking statements” within the meaning of the federal securities laws. All statements other than statements of historical fact are forward-looking statements, including statements related to the expected closing of the acquisition or the timing thereof, and future plans for the assets. These statements relate to analyses and other information, which are based on forecasts of future results or events and estimates of amounts not yet determinable. We claim the protection of The Private Securities Litigation Reform Act of 1995 for all forward-looking statements in this release.

    These forward-looking statements are identified by the use of terms and phrases such as “anticipate,” “assume,” “believe,” “estimate,” “expect,” “goal,” “intend,” “plan,” “potential,” “predict,” “project,” “target” and similar terms and phrases or future or conditional verbs such as “could,” “may,” “should,” “will,” and “would.” However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions and other expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those that we expected.

    Important factors that could cause actual results or events to differ materially from our expectations, or cautionary statements, include among others, failure to satisfy any conditions to the closing of the transaction in a timely manner or at all; the occurrence of any event that could give rise to termination of the definitive agreement, including the inability to obtain financing; changes in legislation or government regulations affecting the proposed transaction or the parties; and other risk factors or uncertainties identified from time to time in Gevo’s filings with the US Securities and Exchange Commission (“SEC”). All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements identified above and in the section entitled “Risk Factors” and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2024 as well as other cautionary statements that are made from time to time in our other SEC filings and public communications. You should evaluate all forward-looking statements made in this release in the context of these risks and uncertainties.

    We caution you that the important factors referenced above may not reflect all of the factors that could cause actual results or events to differ from our expectations. In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even if substantially realized, that they will result in the consequences or affect us or our operations in the way we expect. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    IR Contact
    Eric Frey
    VP, Finance & Strategy
    IR@Gevo.com

    The MIL Network –

  • MIL-OSI: Revenera’s FlexNet Publisher Enterprise Expands Ability to Rapidly Scale License Servers

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., May 28, 2025 (GLOBE NEWSWIRE) — Revenera, producer of innovative platforms that help technology companies build better products, accelerate time-to-value, and monetize what matters, today announced the availability of FlexNet Publisher Enterprise.

    As a global leader in monetization, Revenera empowers software, SaaS and intelligent device producers with a suite of entitlement management and monetization solutions that help customers grow recurring revenue and protect their IP. FlexNet Publisher, one component of Revenera’s monetization solutions, is the de-facto standard for on-premises software licensing, enjoying broad adoption across industries.

    As demand for resource-intensive, high-performance software accelerates – primarily fueled by innovations in cloud computing and AI – companies are running large-scale on-premises license servers to keep pace. FlexNet Publisher Enterprise now allows organizations to scale capacity with fewer resources, boosting performance and reliability while significantly reducing operational costs.

    “The software industry is facing a serious capacity scaling challenge, largely driven by the demands of high-performance computing and AI/ML chip advancements,” said Priji Thomas, VP Product Management at Revenera. “Revenera’s FlexNet Publisher Enterprise meets the challenge of high-volume license management by delivering the enhanced capacity required for efficient use of computational resources, reducing operational and maintenance costs, streamlining operations, and improving customer satisfaction by ensuring seamless access to applications.”

    For industries that rely on advanced simulation, animation, and electronic design automation, FlexNet Publisher Enterprise delivers the robust, scalable infrastructure required to support increased workload demands while ensuring service continuity.

    “At Synopsys, enabling our customers to design and deliver advanced systems on chips (SoCs) is critical to meeting the growing demands of AI, silicon proliferation, and software-defined systems,” said Rajendra Kundapur, executive director of R&D at Synopsys. “By collaborating with Revenera to expand FlexNet Publisher license server capacity, we’ve strengthened our ability to efficiently manage resources, scale to meet increasing needs, and maintain our rapid pace of innovation in support of our customers.”

    Key Benefits of FlexNet Publisher Enterprise:

    • Enhanced Capacity and Lower Costs: Supports up to 12x the current capacity, dramatically reducing the need for large-scale license servers, resulting in improved performance with significantly lower maintenance and operational costs.
    • Streamlined Operations: Simplified infrastructure and improved reliability ensure customers can focus on core business priorities rather than license management.
    • Improved End-User Satisfaction: Optimized performance ensures uninterrupted access, boosting end-user satisfaction to ultimately drive higher renewal rates and recurring revenue for producers.

    For full product details about FlexNet Publisher Enterprise, please visit: https://path.revenera.com/fnl-product-track/swm-ds_flexnet-publisher-enterprise.

    Follow Revenera

    About Revenera
    Revenera helps product executives build better products, accelerate time to value, and monetize what matters. Revenera’s leading solutions help software and technology companies drive top-line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis, and deliver an excellent user experience—for embedded, on-premises, cloud, and SaaS products. To learn more, visit www.revenera.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e1e57c00-f9e4-4dee-8018-9a6e84941354

    The MIL Network –

  • MIL-OSI: Atomic Canyon Raises $7M led by Energy Impact Partners to bring AI-Powered Innovation to Nuclear Energy

    Source: GlobeNewswire (MIL-OSI)

    SAN LUIS OBISPO, Calif., May 28, 2025 (GLOBE NEWSWIRE) — Atomic Canyon, the developer of the Artificial Intelligence (AI)-powered search and generative AI tools for the nuclear power industry, today announced it has raised $7 million to accelerate deployments across the country. 

    The seed round was led by the Elevate Future Fund from Energy Impact Partners (EIP), with participation from Commonweal Ventures, Plug and Play Ventures, Wischoff Ventures, Tower Research Ventures, and previous angel investors. As part of the investment, Jenny Gao, a Vice President of Energy Impact Partners, will join the Atomic Canyon board of directors.

    Atomic Canyon’s flagship product, Neutron Enterprise, addresses a challenge in the nuclear industry. By securely connecting to internal data sources at nuclear power plants and external authoritative technical and regulatory data sources, it provides AI-powered search and generative AI capabilities across vast repositories of technical documentation. 

    The platform is being rolled out at PG&E’s Diablo Canyon Power Plant in Avila Beach, California, where it is transforming how staff access and use the plant’s estimated two billion pages of documents. Initial work shows that Neutron Enterprise reduces document search time from hours to seconds, enabling more strategic use of expert resources while improving regulatory compliance and operational efficiency.

    “Our Neutron Enterprise installation at Diablo Canyon demonstrates the transformative power of AI in nuclear operations,” said Trey Lauderdale, CEO of Atomic Canyon. “Nuclear plants deal with enormous volumes of documentation required for regulatory compliance and safe operations. Where plant staff previously spent up to eight hours gathering documentation before starting critical work, our technology allows them to find the exact documents they need in seconds, dramatically increasing productivity while maintaining the highest standards of safety and compliance. For a typical nuclear facility, this translates to thousands of engineering hours redirected to higher-value activities monthly, enhancing overall operational excellence and allowing skilled professionals to focus on the most critical aspects of plant reliability.”

    Neutron Enterprise leverages FERMI, Atomic Canyon’s family of AI models, which are specifically trained on nuclear terminology. These models were developed in partnership with Oak Ridge National Laboratory, using their Frontier supercomputer, the world’s first to achieve exascale computing. The platform integrates with multiple data sources at nuclear facilities, including record management and work management systems, while maintaining strict role-based access controls to ensure data security.

    “Energy Impact Partners is committed to investing in technologies that can help solve our global energy challenges, and nuclear power is an essential part of that solution,” said Jenny Gao, Vice President at Energy Impact Partners. “Atomic Canyon’s innovative use of AI represents an advancement in information access and analysis in the nuclear sector. As the global demand for nuclear energy grows, innovative technologies like Neutron Enterprise at Diablo Canyon create a compelling opportunity to enhance productivity, yield substantial cost savings and make nuclear power more competitive in our energy mix.”

    The new funding will be used to expand Atomic Canyon’s team, enhance the Neutron platform, and develop additional integrations with third-party data sources and AI tools for next-generation nuclear technologies. These partnerships will further strengthen Neutron’s ability to help nuclear power professionals find and generate relevant information across internal and external sources.

    “This investment presents an exciting opportunity to have AI solve the very energy challenges that AI is creating,” added Lauderdale. “The computational demands of artificial intelligence are driving unprecedented electricity consumption, with estimates suggesting data centers could consume 20% of global electricity by 2030. By streamlining information access and knowledge management, we’re making nuclear power more attractive and accessible as a reliable energy source capable of meeting this growing demand for true, clean, energy independence.”

    With the funding, Atomic Canyon also announced its board of advisors including: Juliann Edwards, the Chief Development Officer of The Nuclear Company and the chair of U.S. Women in Nuclear; Bud Albright, the former Chair and CEO of the United States Nuclear Industry Council; David Nelson, former CIO of the Nuclear Regulatory Commission and Jon Guidroz, SVP of the small modular reactor technology developer Aalo Atomics and former Senior Strategy Officer and Senior Director of Energy and Resources at Microsoft.

    For more information about Atomic Canyon and the Neutron platform, visit www.atomic-canyon.com.

    About Atomic Canyon:
    Atomic Canyon is transforming the nuclear energy sector with AI-powered solutions that streamline operations, enhance efficiency, and support regulatory compliance. Neutron Enterprise, which leverages FERMI AI models that are specifically trained on nuclear terminology, is currently in use at PG&E’s Diablo Canyon Power Plant as the only dedicated AI platform for document search, retrieval, augmented generation, and knowledge management, establishing a new standard for precision, efficiency, and data management. These models were developed in collaboration with Oak Ridge National Laboratory, utilizing Frontier, the world’s fastest supercomputer, along with the Nuclear Regulatory Commission’s (NRC’s) ADAMS database.

    About Energy Impact Partners

    Energy Impact Partners LP (EIP) is a global energy technology investor with a proprietary model designed to drive innovation. EIP brings together entrepreneurs and some of the world’s most forward-thinking energy and industrial companies to advance innovation for a better energy future. Investing in venture, growth/private equity and credit, EIP seeks attractive risk-adjusted returns for its investors by leveraging its differentiated strategy and industrial ecosystem. With over 80 corporate partners and over $4.5 billion in assets under management, EIP invests globally with over 100 professionals based in its offices in New York, San Francisco, Washington D.C., Atlanta, Palm Beach, London, Cologne and Oslo. For more information on EIP, please visit www.energyimpactpartners.com

    Press Contact: atomiccanyon@launchsquad.com

    The MIL Network –

  • MIL-OSI: Correction: NBPE – April Monthly Net Asset Value Estimate

    Source: GlobeNewswire (MIL-OSI)

    HEADLINE ALTERATION

    The headline for NB Private Equity Partners announcement released on 28/05/2025 at 07.00 am should read – NBPE – April Monthly Net Assety Value Estimate

    The announcement text is unchanged and is reproduced in full below.

    NBPE Announces April Monthly NAV Estimate

    St Peter Port, Guernsey 28 May 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 April 2025 monthly NAV estimate.

    NAV Highlights (30 April 2025)

    • NAV per share was $27.29 (£20.43), a total return of 0.4% in the month
    • Approximately 62% of fair value based on private company valuation information as of Q1 2025 or based on 30 April 2025 quoted prices
    • Based on information received so far, private company valuations increased fair value by 0.4% during Q1 2025 on a constant currency basis
    • NBPE expects to receive additional updated Q1 2025 financial information which will be incorporated in future monthly NAV updates
    • $307 million of available liquidity at 30 April 2025
    • ~151k shares repurchased during April 2025 at a weighted average discount of 33% which were accretive to NAV by ~$0.02 per share. Year to date, NBPE has repurchased ~680k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.10 per share
    As of 30 April 2025 Year to Date One Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised    		 0.8% 3.4% 4.1%
    1.4%    		 87.7%
    13.4%    		 160.7%
    10.1%
    MSCI World TR (USD)*
    Annualised    		 (0.8%) 12.6% 39.0%
    11.6%    		 96.6%
    14.5%    		 157.2%
    9.9%
               
    Share price TR (GBP)*
    Annualised    		 (8.0%) (8.9%) 3.6%
    1.2%    		 99.0%
    14.7%    		 189.5%
    11.2%
    FTSE All-Share TR (GBP)*
    Annualised    		 4.3% 7.5% 22.6%
    7.0%    		 67.9%
    10.9%    		 75.9%
    5.8%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 30 April 2025

    NAV performance during the month driven by:

    • 1.1% NAV increase ($13 million) attributable to changes in foreign exchange
    • 0.9% NAV decrease ($10 million) attributable to changes in prices of quoted holdings (which now constitute 5% of portfolio fair value)
    • 0.3% NAV increase ($4 million) from the value of private holdings
    • 0.2% NAV decrease ($3 million) attributable to expense accruals

    $53 million of realisations in 2025 year to date

    • $6 million of proceeds received during the month of April, consisting primarily of full and partial realisations of GFL, Corona Industrials and Inflection Energy

    $307 million of total liquidity at 30 April 2025

    • $97 million of cash and liquid investments with $210 million of undrawn credit line available

    2025 Share Buybacks

    • ~151k shares repurchased in April 2025 at a weighted average discount of 33%; buybacks were accretive to NAV by ~$0.02 per share
    • Year to date, NBPE has repurchased ~680k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.10 per share

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 30 April 2025 was based on the following information:

    • 5% of the portfolio was valued as of 30 April 2025
      • 5% in public securities
    • 57% of the portfolio was valued as of 31 March 2025
      • 57% in private direct investments
    • 38% of the portfolio was valued as of 31 December 2024
      • 38% in private direct investments

    For further information, please contact:

    NBPE Investor Relations        +44 (0) 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com  

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 30 April 2025)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer 83.9 6.6%
    Osaic 2019 Reverence Capital Financial Services 66.9 5.3%
    Solenis 2021 Platinum Equity Industrials 59.8 4.7%
    BeyondTrust 2018 Francisco Partners Technology / IT 47.7 3.8%
    Monroe Engineering 2021 AEA Investors Industrials 44.7 3.5%
    Business Services Company* 2017 Not Disclosed Business Services 40.1 3.2%
    Branded Cities Network 2017 Shamrock Capital Communications / Media 38.9 3.1%
    True Potential 2022 Cinven Financial Services 35.2 2.8%
    Mariner 2024 Leonard Green & Partners Financial Services 33.7 2.7%
    FDH Aero 2024 Audax Group Industrials 32.9 2.6%
    Marquee Brands 2014 Neuberger Berman Consumer 31.4 2.5%
    GFL (NYSE: GFL) 2018 BC Partners Business Services 30.6 2.4%
    Staples 2017 Sycamore Partners Business Services 29.6 2.3%
    Auctane 2021 Thoma Bravo Technology / IT 29.1 2.3%
    Fortna 2017 THL Industrials 28.7 2.3%
    Viant 2018 JLL Partners Healthcare 27.3 2.2%
    Stubhub 2020 Neuberger Berman Consumer 26.4 2.1%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT 26.3 2.1%
    Benecon 2024 TA Associates Healthcare 25.5 2.0%
    Agiliti 2019 THL Healthcare 25.3 2.0%
    Kroll 2020 Further Global / Stone Point Financial Services 25.0 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT 24.6 1.9%
    Excelitas 2022 AEA Investors Industrials 24.1 1.9%
    Addison Group 2021 Trilantic Capital Partners Business Services 23.8 1.9%
    Exact 2019 KKR Technology / IT 23.3 1.8%
    CH Guenther 2021 Pritzker Private Capital Consumer 21.2 1.7%
    Bylight 2017 Sagewind Partners Technology / IT 19.9 1.6%
    Constellation Automotive 2019 TDR Capital Business Services 19.0 1.5%
    Real Page 2021 Thoma Bravo Technology / IT 18.8 1.5%
    Tendam 2017 PAI Consumer 18.3 1.4%
    Total Top 30 Investments                             $982.1 77.6%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 77%
    Europe 22%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 23%
    Consumer / E-commerce 22%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 12%
    Healthcare 9%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 9%
    2017 16%
    2018 15%
    2019 13%
    2020 13%
    2021 18%
    2022 6%
    2023 2%
    2024 8%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.

    1Based on net asset value.

    Attachment

    The MIL Network –

  • MIL-OSI Canada: Canada Invests in Green Jobs for Youth

    Source: Government of Canada News

    May 28, 2025                                                     Ottawa, Ontario                                                            Natural Resources Canada

    Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, and the Honourable Patty Hajdu, Minister of Jobs and Families, announced $15 million to create 470 employment and skills training opportunities for youth across Canada in natural resources sectors including energy, forestry, mining, earth sciences and clean technology.

    Through the Science and Technology Internship Program (STIP) – Green Jobs, employers in natural resources sectors can apply for funding to hire, train and mentor youth aged 15 to 30 for up to 12 months. These job opportunities will ensure that Canada’s natural resources sectors remain a source of economic growth and prosperity in the future.

    STIP – Green Jobs is part of the Government of Canada’s Youth Employment and Skills Strategy (YESS), which supports youth in gaining the hands-on skills and experience they need to effectively transition into the labour market.

    Visit Natural Resources Canada’s STIP – Green Jobs page to find out how to apply to be an employer or an intern. 

    MIL OSI Canada News –

  • MIL-OSI: STEALTHGAS INC. Reports First Quarter 2025 Financial and Operating Results

    Source: GlobeNewswire (MIL-OSI)

    ATHENS, Greece, May 28, 2025 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2025.

    OPERATIONAL AND FINANCIAL HIGHLIGHTS

    • Strong profitability continued for the first quarter, with Net income of $14.1 million corresponding to a basic EPS of $0.38, similar to the previous quarter’s $14.2 million but reduced compared to the $17.7 million record at the time achieved in the first quarter of 2024.
    • Time Charter equivalent revenues decreased by 4.6% compared to the same period of last year to $36.9 million for the first quarter of 2025 as a result of a more muted market.
    • Preserved the high period coverage. About 70% of fleet days for 2025 are secured on period charters, with total fleet employment days for all subsequent periods generating over $165 million (excl. JV vessels) in contracted revenues.
    • Continued reducing leverage, making $34.4 million in debt repayments during the first quarter of 2025 and a further $19.2 million in the current quarter of 2025. Currently, all the vessels in the fully owned fleet except one are unencumbered.
    • Since the last quarterly announcement the Company has spent $1.8 million in share repurchases. Overall under the current program the Company has spent over $21.2 million in share repurchases since June 2023.
    • Maintaining ample cash and cash equivalents (incl. restricted cash) of $77.1 million as of March 31, 2025 enabling the Company to further reduce debt.

    First Quarter 2025 Results1:

    • Revenues for the three months ended March 31, 2025 amounted to $42.0 million compared to revenues of $41.6 million for the three months ended March 31, 2024, based on an average of 28.0 vessels and 27.0 vessels owned by the Company, respectively, as the vessels remaining in the fleet earned higher revenues due to better market conditions.
    • Voyage expenses and vessels’ operating expenses for the three months ended March 31, 2025, were $5.1 million and $13.5 million, respectively, compared to $2.9 million and $11.5 million, respectively, for the three months ended March 31, 2024. The $2.2 million increase in voyage expenses was mainly due to an increase in port expenses and in bunkers costs as a result of the increase in spot market days for the fleet. The $2.0 million increase in vessels’ operating expenses was mainly due to increase in crew costs and maintenance expenses.
    • Drydocking costs for the three months ended March 31, 2025 and 2024 were $0.4 million and nil, respectively. Drydocking expenses during the first quarter of 2025 mainly relate to the commenced drydocking of one vessel, compared to no drydocking of vessels in the same period of last year.
    • General and administrative expenses remained stable at $2.2 million for both the three months ended March 31, 2025 and 2024.
    • Depreciation for the three months ended March 31, 2025 and 2024 was $6.7 million and $6.5 million, respectively, a $0.2 million increase is mainly related to the increase in average number of vessels owned by the Company and to the partial replacement of some of the older vessels with newer and larger ones which have a higher cost.
    • Impairment loss for the three months ended March 31, 2025 and 2024 was $0.5 million and nil, respectively. As a result of the agreed sale terms for the vessel Gas Cerberus, with delivery expected in the second quarter of 2025, a non-cash impairment loss of $0.5 million was recognized in the first quarter of 2025.
    • Interest and finance costs for the three months ended March 31, 2025 and 2024, were $1.4 million and $3.2 million, respectively. The $1.8 million decrease from the same period of last year is primarily due to continued debt prepayments.
    • Interest income for the three months ended March 31, 2025 and 2024, remained unchanged at $0.8 million.
    • Equity earnings in joint ventures for the three months ended March 31, 2025 and 2024 was a gain of $2.2 million and $2.6 million, respectively. The $0.4 million decrease was primarily due to decrease in number of vessels in joint ventures.
    • As a result of the above, for the three months ended March 31, 2025, the Company reported net income of $14.1 million, compared to net income of $17.7 million for the three months ended March 31, 2024. The weighted average number of shares outstanding, basic, for the three months ended March 31, 2025 and 2024 was 35.7 million and 35.1 million, respectively.
    • Earnings per share, basic, for the three months ended March 31, 2025 amounted to $0.38 compared to earnings per share, basic, of $0.49 for the same period of last year.
    • Adjusted net income was $16.1 million corresponding to an Adjusted EPS of $0.44 for the three months ended March 31, 2025 compared to Adjusted net income of $19.1 million corresponding to an Adjusted EPS of $0.53 for the same period of last year.
    • EBITDA for the three months ended March 31, 2025 amounted to $21.4 million. Reconciliations of Adjusted Net Income, EBITDA and Adjusted EBITDA to Net Income are set forth below.
    • An average of 28.0 vessels were owned by the Company during the three months ended March 31, 2025 compared to 27.04 vessels for the same period of 2024.

    1 EBITDA, Adjusted EBITDA, Adjusted Net Income and Adjusted EPS are non-GAAP measures. Refer to the reconciliation of these measures to the most directly comparable financial measure in accordance with GAAP set forth later in this release.

    Fleet Update Since Previous Announcement

    The Company announced the conclusion of the following chartering arrangements (of three or more months duration):

    • A twelve months time charter for its 2016 built LPG carrier Eco Dominator, until Mar 2026.
    • A twelve months time charter extension for its 2016 built LPG carrier Eco Nical, until May 2026.
    • A six months time charter extension for the 2012 built LPG carrier Gas Esco, until Sep 2025.

    As of June 2025, the Company has total contracted revenues of approximately $165 million.

    As of June 2025, for the remainder of the year, the Company has circa 70% of fleet days secured under period contracts and contracted revenues of approximately $72 million.

    In April 2025, the Company entered into an agreement to sell the vessel Gas Cerberus to a third party, with delivery expected in the second quarter of 2025. The vessel is debt-free, and the full proceeds from the sale will contribute to the Company’s liquidity position.

    The Company has agreed in principle to purchase back from one of its joint venture partners the remaining share (49.9%) which it does not already own in the two vessels Eco Lucidity and Gas Haralambos. The transaction is subject to entry into definitive documentation and customary conditions and is expected to take place within June 2025. Following this transaction, these two vessels will be consolidated within the fully owned fleet of the Company and only one vessel will remain in a JV.

    Board Chairman Michael Jolliffe Commented

    The results that were announced today point to a strong start to the year and underpin our confidence in sustaining the momentum we have built over the last years, throughout 2025. It is no doubt a period of uncertainty and in such periods, among other things, there is reluctance by charterers to commit longer term. With the latest developments, we expect trade flows to normalize and sentiment to improve as the fundamentals of LPG shipping continue to be positive. In this volatile environment StealthGas remains steadfast in its strategy and has all but eliminated its financial risk, being net debt free after having made over $50 million in debt repayments during this year and having 27 out of 28 vessels unencumbered. At the same time in order to return value to our shareholders, we have begun buying back shares, spending $1.8 million in share repurchases since March. Overall under the current program the Company has spent over $21.2 million in share repurchases since June 2023.

    Conference Call details:

    On May 28, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.

    Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call.

    https://register-conf.media-server.com/register/BI2ab472844539410f8650314c8df8fdaf

    Slides and audio webcast:
    There will also be a live and then archived webcast of the conference call, through the STEALTHGAS INC. website (www.stealthgas.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    About STEALTHGAS INC.

    StealthGas Inc. is a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry. StealthGas Inc. has a fleet of 31 LPG carriers, including three Joint Venture vessels in the water. These LPG vessels have a total capacity of 349,170 cubic meters (cbm). StealthGas Inc.’s shares are listed on the Nasdaq Global Select Market and trade under the symbol “GASS.”
    Visit our website at www.stealthgas.com

    Forward-Looking Statements

    Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although STEALTHGAS INC. believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, STEALTHGAS INC. cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, geopolitical conditions, including any trade disruptions resulting from tariffs and other protectionist measures imposed by the United States or other countries, general market conditions, including changes in charter hire rates and vessel values, charter counterparty performance, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled drydockings, shipyard performance, changes in STEALTHGAS INC’s operating expenses, including bunker prices, drydocking and insurance costs, ability to obtain financing and comply with covenants in our financing arrangements, actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, the conflict in Ukraine and related sanctions, the conflict in Israel and Gaza, potential disruption of shipping routes due to ongoing attacks by Houthis in the Red Sea and Gulf of Aden or accidents and political events or acts by terrorists.

    Risks and uncertainties are further described in reports filed by STEALTHGAS INC. with the U.S. Securities and Exchange Commission.

    Fleet List
    For information on our fleet and further information:
    Visit our website at www.stealthgas.com

    Fleet Data:
    The following key indicators highlight the Company’s operating performance during the periods ended March 31, 2024 and 2025.

    FLEET DATA Q1 2024   Q1 2025  
    Average number of vessels (1) 27.04   28.00  
    Period end number of owned vessels in fleet 27   28  
    Total calendar days for fleet (2) 2,461   2,520  
    Total voyage days for fleet (3) 2,439   2,500  
    Fleet utilization (4) 99.1%   99.2%  
    Total charter days for fleet (5) 2,232   2,118  
    Total spot market days for fleet (6) 207   382  
    Fleet operational utilization (7) 97.7%   94.0%  
             

    1) Average number of vessels is the number of owned vessels that constituted our fleet for the relevant period, as measured by the sum of the number of days each vessel was a part of our fleet during the period divided by the number of calendar days in that period.
    2) Total calendar days for fleet are the total days the vessels we operated were in our possession for the relevant period including off-hire days associated with major repairs, drydockings or special or intermediate surveys.
    3) Total voyage days for fleet reflect the total days the vessels we operated were in our possession for the relevant period net of off-hire days associated with major repairs, drydockings or special or intermediate surveys.
    4) Fleet utilization is the percentage of time that our vessels were available for revenue generating voyage days and is determined by dividing voyage days by fleet calendar days for the relevant period.
    5) Total charter days for fleet are the number of voyage days the vessels operated on time or bareboat charters for the relevant period.
    6) Total spot market charter days for fleet are the number of voyage days the vessels operated on spot market charters for the relevant period.
    7) Fleet operational utilization is the percentage of time that our vessels generated revenue and is determined by dividing voyage days excluding commercially idle days by fleet calendar days for the relevant period.

    Reconciliation of Adjusted Net Income, EBITDA, adjusted EBITDA and adjusted EPS:

    Adjusted net income represents net income before loss/gain on derivatives excluding swap interest paid/received, impairment loss, net gain/loss on sale of vessels and share based compensation. EBITDA represents net income before interest and finance costs, interest income and depreciation. Adjusted EBITDA represents net income before interest and finance costs, interest income, depreciation, impairment loss, net gain/loss on sale of vessels, share based compensation and loss/gain on derivatives.

    Adjusted EPS represents Adjusted net income divided by the weighted average number of shares.

    EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS are included herein because they are a basis, upon which we and our investors assess our financial performance. They allow us to present our performance from period to period on a comparable basis and provide investors with a means of better evaluating and understanding our operating performance.

    EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS are not recognized measurements under U.S. GAAP. Our calculation of EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS may not be comparable to that reported by other companies in the shipping or other industries. In evaluating Adjusted EBITDA, Adjusted net income and Adjusted EPS, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments in this presentation.

    (Expressed in United States Dollars,
    except number of shares)    		 Three Months Period Ended March 31st,
      2024  2025 
    Net Income – Adjusted Net Income    
    Net income 17,729,716   14,107,680  
    Less gain on derivatives (99,286 ) —  
    Plus swap interest received 208,127   —  
    Less gain on sale of vessels, net (46,384 ) —  
    Plus impairment loss —   488,400  
    Plus share based compensation 1,345,409   1,540,402  
    Adjusted Net Income 19,137,582   16,136,482  
         
    Net income – EBITDA    
    Net income 17,729,716   14,107,680  
    Plus interest and finance costs 3,169,061   1,415,605  
    Less interest income (753,396 ) (752,471 )
    Plus depreciation 6,492,376   6,653,460  
    EBITDA 26,637,757   21,424,274  
         

    Net income – Adjusted EBITDA

    		    
    Net income 17,729,716   14,107,680  
    Less gain on derivatives (99,286 ) —  
    Less gain on sale of vessels, net (46,384 ) —  
    Plus impairment loss —   488,400  
    Plus share based compensation 1,345,409   1,540,402  
    Plus interest and finance costs 3,169,061   1,415,605  
    Less interest income (753,396 ) (752,471 )
    Plus depreciation 6,492,376   6,653,460  
    Adjusted EBITDA 27,837,496   23,453,076  
         
    EPS – Adjusted EPS    
    Net income 17,729,716   14,107,680  
    Adjusted net income 19,137,582   16,136,482  
    Weighted average number of shares, basic 35,119,500   35,725,720  
    EPS – Basic 0.49   0.38  
    Adjusted EPS – Basic 0.53   0.44  
             

    StealthGas Inc.
    Unaudited Condensed Consolidated Statements of Income
    (Expressed in United States Dollars, except for number of shares)

        Three Months Period Ended March 31,
        2024  2025 
         
    Revenues    
      Revenues 41,563,908     42,025,987  
           
    Expenses    
      Voyage expenses 2,345,200     4,573,956  
      Voyage expenses – related party 513,247     518,440  
      Vessels’ operating expenses 11,235,359     13,282,235  
      Vessels’ operating expenses – related party 241,500     228,200  
      Drydocking costs –     412,620  
      Management fees – related party 1,053,719     1,080,001  
      General and administrative expenses 2,213,853     2,165,709  
      Depreciation 6,492,376     6,653,460  
      Impairment loss –     488,400  
      Net gain on sale of vessels (46,384 )   –  
    Total expenses 24,048,870     29,403,021  
           
    Income from operations 17,515,038     12,622,966  
           
    Other (expenses)/income    
      Interest and finance costs (3,169,061 )   (1,415,605 )
      (Loss)/gain on derivatives 99,286     –  
      Interest income 753,396     752,471  
      Foreign exchange (loss)/gain (49,044 )   (26,484 )
    Other expenses, net (2,365,423 )   (689,618 )
           
    Income before equity in earnings of investees 15,149,615     11,933,348  
    Equity earnings in joint ventures 2,580,101     2,174,332  
    Net Income 17,729,716     14,107,680  
           
    Earnings per share    
    – Basic 0.49     0.38  
    – Diluted 0.49     0.39  
           
    Weighted average number of shares    
    – Basic 35,119,500     35,725,720  
    – Diluted 35,247,529     35,764,990  
               

    StealthGas Inc.
    Unaudited Condensed Consolidated Balance Sheets
    (Expressed in United States Dollars)

        December 31, March 31,
        2024 2025 
           
    Assets    
    Current assets    
      Cash and cash equivalents 80,653,398 74,392,306  
      Trade and other receivables 6,156,300 7,253,738  
      Other current assets 193,265 422,168  
      Claims receivable 55,475 55,475  
      Inventories 3,891,147 3,198,028  
      Advances and prepayments 733,212 549,263  
      Fair value of derivatives 387,608 280,577  
    Total current assets 92,070,405 86,151,555  
           
    Non current assets    
      Operating lease right-of-use assets — 202,362  
      Vessels, net 608,214,416 601,072,556  
      Other receivables 370,053 237,561  
      Restricted cash 3,867,752 2,734,442  
      Investments in joint ventures 27,717,238 27,257,570  
    Total non current assets 640,169,459 631,504,491  
    Total assets 732,239,864 717,656,046  
           
    Liabilities and Stockholders’ Equity    
    Current liabilities    
      Payable to related parties 388,130 3,039,119  
      Trade accounts payable 10,994,434 10,485,931  
      Accrued liabilities 4,922,587 5,119,206  
      Operating lease liabilities — 120,938  
      Deferred income 4,304,667 5,882,276  
      Current portion of long-term debt 23,333,814 20,722,094  
    Total current liabilities 43,943,632 45,369,564  
           
    Non current liabilities    
      Operating lease liabilities — 81,424  
      Deferred income 213,563 586,577  
      Long-term debt 61,555,855 30,251,709  
    Total non current liabilities 61,769,418 30,919,710  
    Total liabilities 105,713,050 76,289,274  
           
    Commitments and contingencies    
           
    Stockholders’ equity    
      Capital stock 370,414 371,664  
      Treasury stock — (1,057,343 )
      Additional paid-in capital 409,912,934 411,808,336  
      Retained earnings 215,855,858 229,963,538  
      Accumulated other comprehensive income 387,608 280,577  
    Total stockholders’ equity 626,526,814 641,366,772  
    Total liabilities and stockholders’ equity 732,239,864 717,656,046  


    StealthGas Inc.
    Unaudited Condensed Consolidated Statements of Cash Flows
    (Expressed in United States Dollars)

        Three Months Period Ended March 31,
        2024   2025  
         
    Cash flows from operating activities    
      Net income for the period 17,729,716   14,107,680  
           
    Adjustments to reconcile net income to net cash    
    provided by operating activities:    
      Depreciation 6,492,376   6,653,460  
      Amortization of deferred finance charges 258,295   508,464  
      Amortization of operating lease right-of-use assets 24,745   29,194  
      Share based compensation 1,345,409   1,540,402  
      Change in fair value of derivatives 108,840   —  
      Proceeds from disposal of interest rate swaps 1,018,000   —  
      Equity earnings in joint ventures (2,580,101 ) (2,174,332 )
      Dividends received from joint ventures –   2,634,000  
      Impairment loss –   488,400  
      Gain on sale of vessels (46,384 ) —  
    Changes in operating assets and liabilities:    
      (Increase)/decrease in    
      Trade and other receivables (35,143 ) (964,946 )
      Other current assets 129,193   (228,903 )
      Inventories 353,756   693,119  
      Changes in operating lease liabilities (24,745 ) (29,194 )
      Advances and prepayments (159,743 ) 183,949  
      Increase/(decrease) in    
      Balances with related parties (1,390,625 ) 2,650,989  
      Trade accounts payable (475,368 ) (508,503 )
      Accrued liabilities 240,202   196,619  
      Deferred income 688,600   1,950,623  
    Net cash provided by operating activities 23,677,023   27,731,021  
           
    Cash flows from investing activities    
      Proceeds from sale of vessels, net 34,679,584   —  
      Acquisition and improvements of vessels (96,413,470 ) —  
      Advances to joint ventures (1,705 ) —  
    Net cash used in investing activities (61,735,591 ) —  
           
    Cash flows from financing activities    
      Proceeds from exercise of stock options 356,250   356,250  
      Stock repurchase (338,176 ) (1,057,343 )
      Deferred finance charges paid (22,167 ) —  
      Advances to joint ventures (11,848 ) —  
      Loan repayments (32,045,235 ) (34,424,330 )
      Proceeds from long-term debt 70,000,000   —  
    Net cash provided by/(used in) financing activities 37,938,824   (35,125,423 )
           
    Net decrease in cash, cash equivalents and restricted cash (119,744 ) (7,394,402 )
    Cash, cash equivalents and restricted cash at beginning of period 83,755,701   84,521,150  
    Cash, cash equivalents and restricted cash at end of period 83,635,957   77,126,748  
    Cash breakdown    
      Cash and cash equivalents 77,085,417   74,392,306  
      Restricted cash, current —   —  
      Restricted cash, non current 6,550,540   2,734,442  
    Total cash, cash equivalents and restricted cash shown in the statements of cash flows 83,635,957   77,126,748  

    The MIL Network –

  • MIL-OSI Global: Critical minerals don’t belong in landfills – microwave tech offers a cleaner way to reclaim them from e-waste

    Source: The Conversation – USA – By Terence Musho, Associate Professor of Engineering, West Virginia University

    Broken electronics still contain valuable critical minerals. Beeldbewerking/iStock/Getty Images Plus

    When the computer or phone you’re using right now blinks its last blink and you drop it off for recycling, do you know what happens?

    At the recycling center, powerful magnets will pull out steel. Spinning drums will toss aluminum into bins. Copper wires will get neatly bundled up for resale. But as the conveyor belt keeps rolling, tiny specks of valuable, lesser-known materials such as gallium, indium and tantalum will be left behind.

    Those tiny specks are critical materials. They’re essential for building new technology, and they’re in short supply in the U.S. They could be reused, but there’s a problem: Current recycling methods make recovering critical minerals from e-waste too costly or hazardous, so many recyclers simply skip them.

    Sadly, most of these hard-to-recycle materials end up buried in landfills or get mixed into products like cement. But it doesn’t have to be this way. New technology is starting to make a difference.

    A treasure trove of critical materials is often overlooked in e-waste, including gallium in LEDs, indium in LCDs, and tantalum in surface mount capacitors.
    Ansan Pokharel/West Virginia University, CC BY

    As demand for these critical materials keeps growing, discarded electronics can become valuable resources. My colleagues and I at West Virginia University are developing a new technology to change how we recycle. Instead of using toxic chemicals, our approach uses electricity, making it safer, cleaner and more affordable to recover critical materials from electronics.

    How much e-waste are we talking about?

    Americans generated about 2.7 million tons of electronic waste in 2018, according to the latest federal data. Including uncounted electronics, a survey by the United Nations suggests that the U.S. recycles only about 15% of its total e-waste.

    Even worse, nearly half the electronics that people in Northern America sent to recycling centers end up shipped overseas. They often land in scrapyards, where workers may use dangerous methods like burning or leaching using harsh chemicals to pull out valuable metals. These practices can harm both the environment and workers’ health. That’s why the Environmental Protection Agency restricts these methods in the U.S.

    The tiny specks matter

    Critical minerals are in most of the technology around you. Every phone screen has a super-thin layer of a material called indium tin oxide. LEDs glow because of a metal called gallium. Tantalum stores energy in tiny electronic parts called capacitors.

    All of these materials are flagged as “high risk” on the U.S. Department of Energy’s critical materials list. That means the U.S. relies heavily on these materials for important technologies, but their supply could be easily disrupted by conflicts, trade disputes or shortages.

    Right now, just a few countries, including China, control most of the mining, processing and recovery of these materials, making the U.S. vulnerable if those countries decide to limit exports or raise prices.

    These materials aren’t cheap, either. For example, the U.S. Geological Survey reports that gallium was priced between US$220 to $500 per kilogram in 2024. That’s 50 times more expensive than common metals like copper, at $9.48 per kilogram in 2024.

    Revolutionizing recycling with microwaves

    At West Virginia University’s Department of Mechanical, Materials and Aerospace Engineering, I and materials scientist Edward Sabolsky asked a simple question: Could we find a way to heat only specific parts of electronic waste to recover these valuable materials?

    If we could focus the heat on just the tiny specks of critical minerals, we might be able to recycle them easily and efficiently.

    The solution we found: microwaves.

    This equipment isn’t very different from the microwave ovens you use to heat food at home, just bigger and more powerful. The basic science is the same – electromagnetic waves cause electrons to oscillate, creating heat.

    In our approach, though, we’re not heating water molecules like you do when cooking. Instead, we heat carbon, the black residue that collects around a candle flame or car tailpipe. Carbon heats up much faster in a microwave than water does. But don’t try this at home; your kitchen microwave wasn’t designed for such high temperatures.

    West Virginia University researchers are using this experimental microwave reactor to recycle critical materials from end-of-life electronics.
    Ansan Pokharel/West Virginia University, CC BY

    In our recycling method, we first shred the electronic waste, mix it with materials called fluxes that trap impurities, and then heat the mixture with microwaves. The microwaves rapidly heat the carbon that comes from the plastics and adhesives in the e-waste. This causes the carbon to react with the tiny specks of critical materials. The result: a tiny piece of pure, sponge-like metal about the size of a grain of rice.

    This metal can then be easily separated from leftover waste using filters.

    So far, in our laboratory tests, we have successfully recovered about 80% of the gallium, indium and tantalum from e-waste, at purities between 95% and 97%. We have also demonstrated how it can be integrated with existing recycling processes.

    Why the Department of Defense is interested

    Our recycling technology got its start with help from a program funded by the Defense Department’s Advanced Research Projects Agency, or DARPA.

    Many important technologies, from radar systems to nuclear reactors, depend on these special materials. While the Department of Defense uses less of them than the commercial market, they are a national security concern.

    We’re planning to launch larger pilot projects next to test the method on smartphone circuit boards, LED lighting parts and server cards from data centers. These tests will help us fine-tune the design for a bigger system that can recycle tons of e-waste per hour instead of just a few pounds. That could mean producing up to 50 pounds of these critical minerals per hour from every ton of e-waste processed.

    If the technology works as expected, we believe this approach could help meet the nation’s demand for critical materials.

    How to make e-waste recycling common

    One way e-waste recycling could become more common is if Congress held electronics companies responsible for recycling their products and recovering the critical materials inside. Closing loopholes that allow companies to ship e-waste overseas, instead of processing it safely in the U.S., could also help build a reserve of recovered critical minerals.

    But the biggest change may come from simple economics. Once technology becomes available to recover these tiny but valuable specks of critical materials quickly and affordably, the U.S. can transform domestic recycling and take a big step toward solving its shortage of critical materials.

    Terence Musho has received funding from Defense Advanced Research Projects Agency, the National Science Foundation and the Department of Energy.

    – ref. Critical minerals don’t belong in landfills – microwave tech offers a cleaner way to reclaim them from e-waste – https://theconversation.com/critical-minerals-dont-belong-in-landfills-microwave-tech-offers-a-cleaner-way-to-reclaim-them-from-e-waste-254908

    MIL OSI – Global Reports –

  • MIL-OSI Global: High electricity prices zapping your budget? Here are 5 ways to save

    Source: The Conversation – USA – By Hannah Wiseman, Professor of Law, Penn State

    Pennsylvania residents may get sticker shock when they see their electric bills this summer. Aging infrastructure, extreme weather, transmission bottlenecks and increased demand are sending electricity rates soaring.

    Widespread rate hikes across the commonwealth started in December 2024 and are continuing in 2025. Rising prices are related to how the wholesale electricity market in Pennsylvania operates, among other factors. Utilities are paying much more than in previous years to ensure they can meet their customers’ future demand, and these costs are being passed on to consumers.

    For example, Philadelphia residents were among those hit with a 10% rate increase that went into effect in January 2025 for all residential customers of PECO, Pennsylvania’s largest electric and gas utility. Some of PECO’s residential customers will see an additional 12.5% rate increase kick in on June 1, 2025.

    A notice from PECO sent May 21, 2025.

    As Penn State University professors who research energy law and electricity markets, we want to suggest five ways Pennsylvania consumers can lower their electric bills amid price hikes.

    1. Use less

    Much like when gasoline prices rise, the best response for individual consumers when electric rates go up is often to use less electricity.

    The largest efficiency improvements typically involve weatherizing a home – for example, adding insulation or sealing drafty windows and doors. Installing energy-efficient appliances such as heat pumps or changing your thermostat setting a few degrees can also save money.

    Weatherization has an added benefit: improved health. In addition to maintaining a more comfortable indoor temperature, weatherizing paired with ventilation improvements can improve indoor air quality and control indoor moisture and mold.

    Making a home more energy efficient can be tricky for low-income people, who might not be able to afford the costs, and renters, who don’t own the premises. However, Pennsylvania offers several programs to help residents make energy efficiency improvements, and organizations such as the Philadelphia Energy Authority try to reach low-income households.

    Through the state’s low income usage reduction program, eligible tenants can receive help installing energy-saving features with written permission from their landlord. The multifamily weatherization assistance program has also provided grants for weatherization measures such as insulation and “air sealing to reduce infiltration” in buildings with five or more units that meet income criteria for residents.

    In Pennsylvania, residential electricity rates are expected to climb 10% or more in each of the next three years.
    MStudioImages/E+ Collection via Getty Images

    2. Shop around – but buyer beware

    Pennsylvania has what is called “retail electricity choice,” which means residents can pick who generates their electricity. For example, consumers can shop around for different rates charged per kilowatt-hour of electricity they consume or for electricity produced from wind and solar power.

    But electricity customers cannot choose who carries that electricity to their residences. That is done by a regulated electric distribution company, or utility, with a monopoly on service.

    Consumers can sometimes reduce their bills by choosing a cheaper offer for generation. But retail choice can be risky if consumers do not carefully read the conditions of the contract.

    For example, some plans charge a higher rate than the default rate from the distribution company. Others charge different rates depending on whether the electricity is consumed during peak or off-peak hours. And still others lock customers into long contracts at a fixed price. This becomes undesirable if the default electricity rate drops lower than the contracted rate.

    3. Try solar

    For those who own their home, installing rooftop solar panels is another way to avoid higher electric bills.

    The cost of solar panels has fallen steadily for many years, and rising electric rates make the economics of solar better.

    Central Columbia High School in Bloomsburg, Pa., installed solar panels to offset power consumption.
    Paul Weaver/SOPA Images/LightRocket via Getty Images

    Pennsylvania also has fairly advantageous rules for “net metering, which allows solar homeowners to get credits from the utility for excess solar power fed back into the grid.

    For example, say a customer uses 1,000 kilowatt-hours of electricity in a month and their rooftop solar panels generate 1,200 kilowatt-hours. They won’t have to pay for the 1,000 kilowatt-hours they used, and those additional 200 kilowatt-hours will be credited on their next monthly electric bill.

    Additionally, a number of federal and state tax incentives are available for rooftop solar energy in Pennsylvania. These incentives offset some of the up-front costs of installing solar panels.

    Buying solar panels is a high up-front expense, however, even with tax credits. Programs such as Solarize Greater Philadelphia can help reduce the cost. But keep in mind that not all properties have roofs that are large, strong or sunny enough to benefit from solar.

    For homeowners with suitable roofs, third-party solar is another option. This is when a company installs and continues owning the solar panels and charges the customer a fixed rate for the electricity produced by the solar panels. This rate is typically cheaper than the rate offered by the utility. But as with any contract, consumers need to read the fine print carefully and understand the long-term obligation.

    4. Go to a public hearing

    Local electric utilities are regulated by the Pennsylvania Public Utility Commission. Pennsylvania residents can file formal complaints with the PUC about rate hikes, or they can attend one of PUC’s public input hearings.

    At these hearings, consumers can voice their concerns or argue against certain utility expenditures, such as lobbying expenses that utilities sometimes recoup through charges to customers.

    Consumers might want to pay particular attention to the commission’s proceedings as it considers new electric rates and regulation for data centers and other large-load customers. These rates will determine which costs are shouldered by the data center operators and which costs wind up on the electric bills of all Pennsylvanians.

    Consumers can file comments to advocate for a rate-sharing plan they believe will be fair.

    5. Think holistically

    As Americans continue to digitize their lives, electricity demand – and therefore prices – will likely continue to rise.

    Existing electric power grids are strained by increasing demand.
    Joe Raedle via Getty Images

    Given that growing electricity demand contributes to higher future rates, consumers may want to think about the energy-intensive online applications they use, such as data storage and all the AI features that tech companies are integrating into their products.

    Consumers might also want to consider the types of energy they want produced in their neighborhood. Many people understandably oppose constructing new energy facilities in their communities due to the aesthetic impacts, use of land and in some cases pollution. But this opposition can also slow the construction of new energy generation.

    Better processes for community involvement can enable the construction of generation with fewer negative impacts. These processes include, among other things, more detailed developer-community discussions and more comprehensive and thoughtful community benefits agreements. These agreements allow communities to negotiate services and resources that the energy developer will provide them. Such offerings might include vocational training programs, financial or other donations, or commitments to hire local labor.

    Read more of our stories about Philadelphia and Pennsylvania.

    Hannah Wiseman receives or has recently received funding from the Alfred P. Sloan Foundation, Arnold Ventures, U.S. National Science Foundation, U.S. Department of Energy, Center for Rural Pennsylvania, and the Pennsylvania Department of Environmental Protection. She is a member of the Center for Progressive Reform.

    Seth Blumsack receives or has recently received funding from the Alfred P. Sloan Foundation, Heising Simons Foundation, U.S. National Science Foundation, U.S. Department of Energy, NASA, U.S. Federal Aviation Administration, Center for Rural Pennsylvania and the Pennsylvania Department of Environmental Protection.

    – ref. High electricity prices zapping your budget? Here are 5 ways to save – https://theconversation.com/high-electricity-prices-zapping-your-budget-here-are-5-ways-to-save-256049

    MIL OSI – Global Reports –

  • MIL-OSI USA: Solar and wind power curtailments are increasing in California

    Source: US Energy Information Administration

    In-brief analysis

    May 28, 2025

    The California Independent System Operator (CAISO), the grid operator for most of the state, is increasingly curtailing solar- and wind-powered electricity generation as it balances supply and demand amidst rapid renewables capacity growth.

    Grid operators must balance supply and demand to maintain a stable electric system. The output of wind and solar generators is reduced either through price signals or, rarely, through an order to reduce output during periods of:

    • Congestion, when power lines don’t have enough capacity to deliver available energy
    • Oversupply, when generation exceeds customer electricity demand

    In 2024, CAISO curtailed 3.4 million megawatthours (MWh) of utility-scale wind and solar output, a 29% increase from the amount of electricity curtailed in 2023.

    Solar accounted for 93% of all the energy curtailed in CAISO in 2024. CAISO curtailed the most solar in the spring, when solar output was relatively high and electricity demand was relatively low, because moderate spring temperatures meant less demand for space heating or air conditioning.

    In 2014, a combined 9.7 gigawatts (GW) of wind and solar photovoltaic capacity had been built in California. By the end of 2024, that number had grown to 28.2 GW.

    CAISO also curtails solar generation to leave room for natural gas generation. A certain amount of natural gas generation must stay online throughout the day to comply with North American Electric Reliability Corporation (NERC) reliability standards and to have generation online in time to ramp up in the evening hours.

    Solar energy supplies almost half of CAISO’s electricity demand between the hours of 8:00 a.m. and 4:00 p.m., but demand increases in the later evening hours when people come home from work and turn up air conditioners or electric heaters and turn on lights, ovens, computers, and televisions. This need is especially apparent on hot summer evenings after the sun has set and no longer produces solar power overnight.

    CAISO is trying to reduce curtailments in several ways:

    • Trading with neighboring balancing authorities to try to sell excess solar and wind power
    • Incorporating battery storage into ancillary services, energy, and capacity markets
    • Including curtailment reduction in transmission planning

    In addition, starting this year, companies are planning to use excess renewable energy to make hydrogen, some of which will be stored and mixed with natural gas for summer generation at the Intermountain Power Project’s new facility scheduled to come online in July.

    The Western Energy Imbalance Market (WEIM) is a real-time market that allows participants outside of CAISO to buy and sell energy to balance demand and supply. In 2024, more than 274,000 MWh of curtailments were avoided by trading within the WEIM, equivalent to about 8% of the electricity curtailed that year. The Extended Day-Ahead Market (EDAM) is expected to be operational by May 2026 and will allow CAISO another outlet to sell solar energy.

    To further reduce renewable curtailments and increase the stability of the grid, CAISO is promoting the addition of flexible resources that can quickly respond to sudden increases and decreases in demand. Battery storage, recently the key flexible resource to come online, allows some renewable energy to be stored and used 4-8 hours later in the day. Batteries can charge using excess solar power at midday and then discharge that energy when the sun is going down, providing electricity during hours when it is most needed. Battery capacity in CAISO increased by 45% in 2024, from 8.0 GW in 2023 to 11.6 GW in 2024 according to our survey of recent and planned capacity changes. However, in the spring, more solar energy than can be used within a day is often produced. Without more transmission capacity or a long-term storage solution, high curtailments during this time of year can still occur.

    Principal contributor: Lori Aniti

    MIL OSI USA News –

  • MIL-OSI: Eos Energy Secures Strategic Order for Faraday Microgrid’s Project in California

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., May 28, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and manufactured in the United States, today announced it has secured an order with Faraday Microgrids to deploy a 3 MW / 15 MWh Eos Z3™ system for a commercial microgrid application on tribal land in California.

    Funded partially by the California Energy Commission (CEC), the project will support the development of a renewable energy microgrid featuring a highly flexible long duration energy storage system, designed to bolster resilience for the tribe’s facilities, provide critical backup power, and deliver demand savings and utility ancillary services.

    “This strategic project further demonstrates the performance and reliability of our Z3 systems in real world applications,” said Nathan Kroeker, Eos Chief Commercial Officer and Interim Chief Financial Officer. “As a repeat order through our established partners at Faraday and the CEC, this deployment serves as a testament to the strength of our commercial relationships and reinforces our mission to deliver resilient, reliable and domestically manufactured energy solutions.”

    The project highlights Eos’ continued momentum in California’s growing energy market and its role in supporting American energy independence. Along with its Z3 systems, Eos will also provide integration services to ensure seamless deployment and operation.

    “It is our great pleasure to once again partner with Eos to deploy their cutting-edge zinc-bromide energy storage technology in one of the largest renewable energy microgrids in the Western United States,” said Faraday Chief Executive Officer, David Bliss. “This will support a Native American community and contribute to bulk grid-edge power stability and availability – demonstrating the ability of distributed energy resources to support the safety and growth of vibrant communities in California and across North America.”

    This is Eos’ eighth project in partnership with the CEC, and second with Faraday Microgrids, highlighting the Company’s growing presence in this critical market and the state’s commitment to advancing Made-in-USA energy storage applications.

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.

    About Faraday Microgrids

    Faraday Microgrids is the trusted guide for hospitals, industrial facilities, and institutions seeking energy independence. We design, build, and operate turnkey microgrid systems that cut energy costs, boost reliability, and support sustainability—without the complexity. From financing to installation and long-term support, Faraday delivers custom energy systems that keep critical operations running, no matter what.

    Contacts        
    Investors: ir@eose.com
    Media: media@eose.com

    Forward Looking Statements

    Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected revenue, for the fiscal years December 31, 2025, our path to profitability and strategic outlook, statements regarding orders backlog and opportunity pipeline, statements regarding our expectation that we can continue to increase product volume on our state-of-the-art manufacturing line, statements regarding our future expansion and its impact on our ability to scale up operations, statements regarding our expectation that we can continue to strengthen our overall supply chain, statements regarding our expectation that our new comprehensive insurance program will provide increased operational and economic certainty, statements that refer to the delayed draw term loan with Cerberus, milestones thereunder and the anticipated use of proceeds, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and the information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; the timing and availability of future funding under the Department of Energy Loan Facility; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

    The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network –

  • MIL-OSI: Tokio Marine Group to launch GX business to support green transformation

    Source: GlobeNewswire (MIL-OSI)

    • New global offering will provide specialist insurance and risk management solutions to businesses looking to decarbonize
    • Tokio Marine GX products and capacity will be available via TMHCC’s GX Team

    LONDON, May 28, 2025 (GLOBE NEWSWIRE) — Tokio Marine Holdings, Inc. today announced the launch of Tokio Marine GX (TMGX), a new underwriting business dedicated to providing specialist insurance and risk management solutions to businesses looking to decarbonize their operations and unlock new green opportunities.

    Founded upon GCube’s decades of experience in renewable energy underwriting, Tokio Marine & Nichido Fire’s market-leading offshore marine offering, and with expertise drawn from across Tokio Marine’s global operations, TMGX will provide products and services for clients committed to more sustainable practices.

    TMGX will offer up to $500 million on any single risk and is committed to becoming a prominent lead underwriter, applying decades of knowledge to ensure profitable and sustainable capacity through the green transition.

    Fraser McLachlan, CEO of GCube, has been appointed to the new role of Chairman at TMGX and Ben Kinder, Chief Underwriting Officer (CUO) for Marine, Energy & Renewables at Tokio Marine HCC International (TMHCCI), will take on the role of CUO at TMGX, in addition to his existing role at TMHCCI.

    Tokio Marine GX, an abbreviation of Green Transformation and an acknowledgment of Japan’s green transformation strategy, is Tokio Marine Group’s response to the growing demand for insurance that is critical to transitioning to a more decarbonized, sustainable society. TMGX will offer advisory and risk transfer for businesses, across multiple sectors, seeking to decarbonize their operations. From renewable energy and conventional power providers, to construction and industry, its teams will work with businesses around the world, at every stage of their transition journey.

    TMGX’s insurance products and risk solution services will equip businesses, innovators, entrepreneurs and investors, private and public, with the support they need to secure funding, and build and operate their sustainable initiatives. The business will offer a range of products and services to address risks linked to green initiatives from financial products, such as credit and surety, to bespoke policies for renewables, nuclear and hydrogen risks.

    Decarbonization and the green transition is an immense undertaking, and one which is poised to spark the greatest capital reallocation in a century, requiring $9.2 trillion1 in annual average spending on physical assets. The lack of cost-effective globally available cover has been a barrier to progress. TMGX will reduce the volatility and embed the certainty which this market needs to flourish.

    Brad Irick, Managing Executive Officer and Co-Head of International – Tokio Marine Holdings, said: “We are delighted to announce the launch of Tokio Marine GX. This is a unique insurance proposition. It offers access to the pioneering underwriting spirit of GCube, combined with expertise drawn from across Tokio Marine’s global operations. TMGX clients will benefit from deep claims experience, holistic support and extensive risk appetite in every facet of renewable energy and the green transition. All of this is backed by the financial resources and capacity of one of the world’s largest insurers and an institutional commitment to accelerating societal progress. TMGX will ensure that Tokio Marine is at the forefront of the green transition.”

    Fraser McLachlan, Chairman of TMGX, said: “TMGX will harness the collective expertise and experience from across the Tokio Marine Group to stand shoulder-to-shoulder with clients at each stage of their decarbonization journey. Together, we will unlock new commercial opportunities, while creating a greener, more resilient world for tomorrow.”

    About Tokio Marine Holdings

    Tokio Marine Group is one of the world’s largest global insurance and risk players with a market capitalization of approx. $74 billion as of March 31, 2025, a network encompassing Japan and 46 countries and regions worldwide, and over 43,000 employees. Tokio Marine Group has the capabilities to drive genuine positive change through a business model grounded in a sense of purpose and social responsibility, built on 145 years of history and an enduring culture that fosters innovation and expertise.

    Composed of a diverse range of insurance and solutions businesses across the world, that bring a depth and breadth of capabilities to address and mitigate the ever-evolving risks we face, we provide our clients and communities with the security they need to move forward, while working to create more resilient societies and a better tomorrow.

    For further information:
    Media
    Brian Norris, MHP Group
    Tokiomarinegroup@mhpgroup.com

    ________________
    1 https://www.mckinsey.com/capabilities/sustainability/our-insights/the-net-zero-transition-what-it-would-cost-what-it-could-bring

    The MIL Network –

  • MIL-OSI USA: Living with Bears in Connecticut: What You Need to Know

    Source: US State of Connecticut

    Bears are a growing presence in Connecticut, and while they’re an important part of our ecosystem, safely sharing space with them is essential.

    “Black bears are the only bear species found in Connecticut,” says Tracy Rittenhouse, an associate professor in UConn’s Department of Natural Resources and the Environment. “They typically avoid people, but they’re curious animals and are always on the lookout for food, especially during the spring when they are emerging from hibernation and in the fall, as bears eat as much as possible to build fat for hibernation.”

    The challenge arises as we coexist in spaces, with more houses being built in wooded areas. The state’s bear population is expanding into new areas and once a female with cubs establishes a home range in a town, the number of bears in that town will continue to increase for several years.

    Bears become comfortable around people if they learn that residential areas provide easy meals, examples include birdseed, garbage, pet food, and fallen apples from trees. Easy meals lead to new habits for bears and more frequent human encounters. An example of a new habit in Connecticut is bears entering homes, with 70 reports of bears entering homes in the 2024 State of the Bears report.

    Connecticut’s black bear population is estimated at around 1,200 in total. While most live west of the Connecticut River, the population is expanding to the eastern side of the state.

    Adults weigh from 250 to 550 pounds, and a female can have between one and five cubs. Bears prefer to live in forestland and areas with thick underbrush, making many of our landscapes ideal habitats. While grasses, fruits, nuts, and berries are usual food sources, bears are omnivores, and will also eat insects, small mammals, livestock, and deer. Their excellent sense of smell easily leads them to food sources.

    “Sometimes residents with good intentions accidentally put themselves, their loved ones, and their neighbors at increased risk through their actions, like hanging nectar-filled feeders which are just as attractive to large black bears as they are to delicate hummingbirds,” says Amy Harder, associate dean for extension in the College of Agriculture, Health and Natural Resources (CAHNR). “That’s why one of the main roles of UConn Extension is to share expertise from the University to help residents make informed decisions.”

    Removing food sources helps prevent bear conflicts. Here are a few simple steps:

    1. Secure your garbage bins. Store them in a garage or shed if possible and put them out only on the morning of pickup.
    2. Take down bird feeders. Bird feeders attract bears and should especially be removed from March to November when natural food is available.
    3. Pick up fallen fruit. Tree fruits and garden crops are another easy meal, especially apples, pumpkins, and other seasonal crops.
    4. Feed pets indoors. Pet food should be provided indoors or remove the outdoor bowls immediately after feeding.

    Bear encounters still occur, even with the necessary precautions. It’s important to know how to respond to ensure safety.

    “If you encounter a bear, stay calm. Do not run. Bears typically avoid confrontation and will move away if they don’t feel threatened,” Rittenhouse says. “Instead, back away slowly while facing the bear. Make yourself look large by raising your arms or standing on a chair. Use a calm voice and give the bear plenty of space to retreat.”

    Hikers and those working outdoors in areas where bears are active should consider carrying bear spray as a precaution, which offers a highly effective, nonlethal deterrent if used correctly. Bear spray must be easily accessible while working or hiking and users should pay attention to the wind direction to avoid spraying themselves.

    If you have seen bears in your neighborhood, consider keeping bear spray accessible when grilling in your backyard.  Don’t leave a big plate of food on the table next to the grill. Pets and children should be supervised outdoors in neighborhoods where bears are regularly observed.

    The Connecticut Department of Energy and Environmental Protection (DEEP) tracks bear sightings and encourages everyone to report bear sightings. This is especially important if the bear is approaching people or damaging property. Wildlife officials monitor bear activity and educate communities about staying safe. So far, there have already been 500 bear sightings in 2025, and last year, sightings were reported in 159 of Connecticut’s 169 municipalities, according to DEEP, with Simsbury reporting the greatest number of sightings at 967.

    If you live near bears, consider installing an electric fence around your garden, especially during peak growing season. Bear noses are knee-height, and fences should have three or four strands. Harvest ripe fruits and vegetables and remove rotting produce. Use bear-resistant compost bins and avoid putting food scraps or fruit waste into open piles. Beekeepers also need to protect their hives.

    UConn’s bear story map shows bear activity and the geographic locations with the highest bear and human conflict frequency. The story map documents research completed in 2012 and 2013 into the population size and location throughout the state. There is a new study by Rittenhouse and partners that will describe quantitatively how much diet and movements have changed over the last 10 years.

    “Bears are not out to harm us. Coexisting with bears means respecting their presence and taking steps to discourage bears from using areas frequented by people. If we remove food attractants, bears are less likely to spend time in backyards,” Rittenhouse says. “By taking simple steps around your home, garden, and yard, we can reduce bear conflicts and live alongside one of Connecticut’s most iconic wild animals.”

    This work relates to CAHNR’s Strategic Vision area focused on Fostering Sustainable Landscapes at the Urban-Rural Interface.

    Follow UConn CAHNR on social media

    MIL OSI USA News –

  • MIL-OSI: Churchill Very Pleased to Report High Grade Antimony >10%Sb, and Gold >10g/t Au at Black Raven Past-Producers, NL

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 28, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill“) is extremely pleased to announce that due-diligence sampling at the historical Frost Cove Antimony and Stewart Gold mines on the Black Raven property returned assays of >10% antimony and >10g/t gold, respectively. These samples exceeded the detection limit for those elements, and further assay work is underway to determine their precise metal contents. The Frost Cove Antimony Veins and host felsic dyke have been traced over 800m on surface, with numerous historical samples grading >1% Sb (the upper detection limit of the historical assays), and has never been drilled.

    “These exceptional results further validate the Company’s strategic pivot to antimony and gold at Black Raven’s past-producing mines, and underscores the entire property’s significant potential. They confirm and expand upon historical records from the property reported in our news release of April 14th, 2025.   Further successful exploration at Frost Cove confirming these grade tenors along strike would place it among the highest-grade antimony projects globally. Finally, Churchill is very pleased to announce the execution of the definitive agreement dated May 6th, 2025 to acquire a 100% undivided interest in the Black Raven Antimony Property, from property owners Eddie and Roland Quinlan.” said Paul Sobie, Chief Executive Officer of Churchill.

    The Black Raven property encloses the two small-scale past producing mines which operated between 1890 and 1918 exploiting stibnite, gold and arsenopyrite. The mines and numerous related occurrences constitute an extensive high-grade hydrothermal system carrying gold, antimony and silver in veins and stockworks. The historical mines and other occurrences are located within close proximity to each other, in a larger-scale geological environment defined by intense veining and alteration associated with felsic intrusions. For the first time in the project’s history, the entire mineralized system has been consolidated for systematic, state-of-the-art exploration.

    Highlights:

    • Frost Cove Antimony Mine adits are in excellent condition for systematic sampling, CRI grab samples from the two known veins in upper adit assayed >10% Sb
    • Detailed sampling of both adits, and ~800m of known surface strike extent, with trenching and channel sampling, will commence in June
    • Numerous other historical high-grade gold-silver veins confirmed including the past-producer Stewart Gold Mine – large hydrothermal system confirmed which is also to be evaluated with trenching/stripping/channel sampling
    • Additional high-grade Au-Ag-Sb prospects not yet re-sampled

    The Black Raven Property is located approximately 60km northwest of Gander, Newfoundland and Labrador, and hosts two past-producing mines dating back to the late 1800’s, the Frost Cove Antimony Mine, and the Stewart Gold-Antimony Mine. The Black Raven Property is located approximately 100km north of the Beaver Brook Antimony Mine, which is currently under care and maintenance. It is reported that the owners are actively exploring for more deposits to feed the mill.
    (https://www.cbc.ca/news/canada/newfoundland-labrador/antimony-mine-closure-1.6703205)

    Black Raven, like all of Churchill’s projects, is strategically located in Newfoundland and Labrador, which boast access to North American and European markets, proximity to deep water ports, exceptional power infrastructure and transportation networks. Like all of Churchill’s projects, Black Raven also benefits from Newfoundland & Labrador’s large and diversified minerals industry, which includes world class mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Antimony: A Critical Mineral in High Demand

    Antimony is a critical mineral essential for national security and modern technology, with over 90% of global production controlled by China, Russia and other non-Western jurisdictions. The metal is a vital component in military applications, while also being crucial for certain flame retardants, strengthening alloys in batteries, and emerging energy storage technologies. Recent Chinese export restrictions have driven prices to record levels exceeding $50,000 per tonne, highlighting antimony’s strategic importance to a “Fortress North America” approach to critical mineral supply chains and making domestic North American sources increasingly important for economic and national security.

    Due-Diligence Sampling Program

    Antimony, gold and silver assay data from historical surface grab samples are presented in the figure below along with the 2025 Wilton due-diligence sample assays.   Due-dilligence samples from several of the other prospects on the property returned high gold, lead, and zinc values per the figure and table below, with silver assays still pending. Importantly, reportedly high-grade occurrences at M.H. (Morton Harbour) Head, M.H.1 and M.H.2 were not able to be sampled during this first tour of the property.

    All samples were selected by Dr. Derek Wilton, independent QP to Churchill, during field visits on April 24th and 25th in the company of Mr. Sobie and two senior field technicians, and led by vendor Roland Quinlan. All samples were labelled and securely bound and delivered to the prep laboratory of SGS Canada Inc. in Grand Falls-Windsor, for crushing and pulverizing. Splits were couriered to Burnaby, B.C. by SGS for assay work with analytical methods per the table below. Over-limit samples are currently receiving ore-grade assay work to determine precise metal contents. All due-diligence samples described in this news release were grab samples and are selective by nature and are unlikely to represent average grades of the property.  

    Frost Cove Antimony Mine – the historical workings are intact and as described by Heyl (1936), with a lower adit just above sea-level on the coast, and the upper adit commencing ~50m to the south, ~15m above the lower adit. It was not possible to examine the lower adit due to ice blockage, but the upper adit was accessible per the photos below and extends ~15m to a face where the antimony veins and host quartz feldspar dyke are exposed. The mine exploited two quartz-antimony veins intruded along the margins of the dyke over a stope width of ~2.5m. A considerable amount of material has been mined out between the surface and the entrances to the two adits. The host dyke and associated quartz-antimony veins have been mapped and sampled over ~800m per the figure with several pits reporting elevated historical sampling results.

    Samples DW 307 and 308 are from the massive sulphide portions of the two quartz-antimony veins (HW and FW veins) and both assayed above the detection limit of >10% Sb. The foot wall vein is ~50cm in width, and the hanging wall vein ~15cm in width at the sample site in the upper adit, with impressive massive stibnite zones within the veins, per photos below.

    Sample 306 was quartz-carbonate-qfp (quartz-feldspar-porphyry)-antimony vein material from rubble at the mouth of the lower adit, and it assayed 3.32% Sb (with modest Zn). 

    Follow-up work has commenced as CRI crews have completed clearing away trees from the mined-out stope to provide safe access and better exposure. Plans are in place to collect several channel samples from both adits, as well as systematically sample at surface along the known 800m strike through mechanical trenching/stripping/channel samples.  Several affiliated veins to the main one, based on the Heyl’s (1936) mapping will be investigated.

    The table below provides assays received to-date for all 24 due-diligence samples.

    Stewart Gold Mine – the site has been rehabilitated with the shaft and all pits covered and filled with gravel. Sample 302 quartz-arsenopyrite vein material from a very lean rubble pile (virtually all waste) assayed >10g/t. Follow-up planning for a trenching and drilling program at Stewart is commencing.

    Nearby Gold Veins to Stewart Mine – Sample 303 assayed 7.51 g/t Au (plus modest Pb and Zn). In samples 304-305 from veins across the harbour and along trend –both samples returned 7.7g/t Au (plus modest Cu, higher tenor Pb and Zn). Arsenopyrite is the predominant sulphide within these narrow <0.5m veins.

    Taylor’s Room Gold Prospect – only rubble piles were located thus far, as overburden and forest cover obscure the veins and pits have been filled in. CRI sampling didn’t confirm previously reported high values, with the best sample DW-310 grading 1.98 g/t Au from weathered arsenopyrite vein material.  The CRI crew has completed cutting down the very thick trees and bush cover over these veins for better sampling access. The historical shaft is still present albeit full of water.

    Nearby Veins to Taylor’s Room Veins – two different narrow quartz-carbonate-arsenopyrite veins (samples DW-314 and DW-315) graded 5.81 and 5.09 g/t Au respectively with DW-315 returning very high Pb and Zn assays.

    Morton’s Harbour Pond/Western Copper – collectively these two prospects exhibit characteristics of a large-scale (~1km diameter) porphyry mineralization target based on wide-spread, intense stockwork veining carrying modest gold, copper, silver and molybdenum contents based on historical work. Low but encouraging values in Au, Mo, Zn were returned for samples DW-319 to 321 and 323 with one quartz vein sample (DW-321) grading 2.16 g/t Au (plus low copper, high Pb and Zn). At Western Copper – low Cu values were returned from three samples collected at past surface channel sampling, DW-316 to 318. CRI has compiled the results from the four Winkie holes drilled by Eddie Quinlan in 2024 which intersected mineralized Cu-Au-Ag stockwork in altered felsic volcanic rocks (0.1-0.3% Cu, 50-350ppb Au plus Ag) from collar to their end of holes at ~60m. CRI also has compiled 2012 Induced Polarization survey work over the larger porphyry target to plan follow-up trenching and drilling for the summer.

    Black Raven Antimony-Gold Property
    The Black Raven Property comprises nine map-staked licenses constituting a single contiguous block of 125 claims that in total cover 3,125ha or 31.25km2. Churchill and the vendors have agreed to a 4km wide area of interest around the property boundaries as part of their agreement.

    Churchill intends to immediately commence its sampling program on the surface showings and any accessible historical workings following compilation of all historical data is complete. The entire property will be surveyed with LiDAR and orthophotos as soon as the Government permit has been received. Follow-up prospecting and systematic trenching, with channel sampling work as required, are being planned for initiation in June based on the compiled database. The derived geological and geochemical data will used to outline drill targets along strike and at depth to the historical workings.

    The past sampling data reported in this News Release is historic in nature and does not meet NI43-101 standards. Churchill has relied on the information supplied in the Government of Newfoundland field assessment reports and from information found in the Mineral Occurrence Database System operated by the Newfoundland Department of Industry, Energy and, Technology. Natural Resources.

    The technical and scientific information in this news release has been reviewed and approved by Dr. Derek H.C Wilton, P.Geo., FGC, who is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr. Wilton is an honorary research professor of Economic Geology at Memorial University in St. John’s and is independent of the Company for the purposes of NI 43-101.

    References:

    Heyl, George R., 1936. Geology and Mineral Deposits of the Bay of Exploits Area. Newfoundland Department of Natural Resources, Geological Section, Bulletin No 3. 65 pages.

    Fogwill, W.D., 1968. Report on a copper prospect at Western Head, Moreton’s Harbour in the Notre Dame Bay Area, Newfoundland. Newfoundland and Labrador Geological Survey, Assessment File 2E/10/0350, 1968, 48 pages

    Kay, E.A. 1981. A geochemical and fluid inclusion study of the arsenopyrite-stibnite-gold mineralization, Moreton’s Harbour, Notre Dame Bay, Newfoundland. Master Thesis, Memorial University of Newfoundland, St. John’s, Canada, 1981. Newfoundland and Labrador Geological Survey, Assessment File 002E/10/1075, 1981, 209 pages.

    Quinlan E, 2013. First Year Assessment Report for 019872M, Ninth Year Assessment Report for 015553M, and Third Year Assessment Report for 017787M for Exploration within the Black Raven Property, NTS Map Sheet 2E/10. Newfoundland and Labrador Geological Survey Assessment Report, 69 pages

    Quinlan, E. 2025. 21st, 8th & 4th Year Assessment Report of Diamond Drilling & Prospecting On Black Raven Property, License 023212M (21st Year), License 02840m (8th Year), License 35674m (4th Year) NTS 02E/10, North-Central Newfoundland. Property centered at approximately 49°57’N, 54°87’ W. 34 pages.

    About Churchill Resources

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Taylor Brook, Florence Lake, and Black Raven properties in Newfoundland & Labrador. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Churchill’s Taylor Brook Nickel-Copper-Cobalt-Vanadium-Titanium Property, and Florence Lake Nickel Property, are both in good standing for a number of years, such that further exploration and development can await improved market conditions sentiment while the Company focuses on high-grade antimony-gold and other critical minerals.

    Further Information
     
    For further information regarding Churchill, please contact:
     
    Churchill Resources Inc.
    Paul Sobie, Chief Executive Officer
    psobie@churchillresources.com
    Tel. 416.365.0930 (o)
      647.988.0930 (m)
       
    Alec Rowlands, Business Development & IR
    Alec.rowlands1@gmail.com
    Tel. 416.721.4732 (m)
       

    FORWARD-LOOKING STATEMENTS

    This news release contains certain forward-looking statements, including, but not limited to, statements about Churchill’s objectives, goals and exploration activities proposed to be conducted on its properties; future growth potential of Churchill, including whether any proposed exploration programs at any of its properties will be successful; exploration results; and future exploration plans and costs. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. In particular, this release contains forward-looking information relating to, among other things, the entering into of a definitive Option Agreement and other ancillary transaction documents with respect to the Black Raven Antimony Property and the exercise of such option; the number of Common Shares that may be issued in connection with the transactions discussed herein, closing conditions and receive necessary regulatory approvals These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

    Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Such factors, among other things, include: exploration results on the Black Raven Antimony Property; the expected benefits to Churchill relating to the exploration proposed to be conducted on its properties; receipt of all regulatory approvals in connection with the transaction contemplated herein; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Churchill’s properties, if required; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; and title to properties. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Churchill cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Churchill assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/3f00b492-1d95-466b-bba4-7c2de65ab8a5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/39e562cc-f00d-48fc-ae4d-fa3947239856

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9a168e95-e7a9-4297-b659-fec90ba166ab

    The MIL Network –

  • MIL-OSI Asia-Pac: Oil spill sighted at Silverstrand Beach

    Source: Hong Kong Government special administrative region

    Oil spill sighted at Silverstrand BeachIssued at HKT 16:50

    Here is an item of interest to swimmers.

    The Leisure and Cultural Services Department said today (May 28) that because of an oil spill, Silverstrand Beach in Sai Kung District has been closed until further notice. Beachgoers are advised not to swim at the beach.

    The red flag was hoisted earlier at the beach due to big waves.

    Ends/Wednesday, May 28, 2025
    Issued at HKT 16:50

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Hearings – Sustainable Housing and the Energy Transition – 02-06-2025 – Special committee on the Housing Crisis in the European Union

    Source: European Parliament

    On 2 June 2025, from 15:30 to 17:30, the HOUS Special Committee will hold a public hearing on ‘Sustainable Housing and the Energy Transition: Affordable solutions for Climate – Resilient Homes’.

    The purpose of the hearing is to bring together HOUS Members with experts and stakeholders to reflect on one of the most pressing and complex challenges of our time: how to ensure access to affordable, sustainable, and energy-efficient housing while advancing Europe’s climate objectives. The hearing will be the opportunity to discuss how to ensure that the transformation of the housing sector can be inclusive and balanced, ensuring that no one is left behind.

    The public hearing will be structured around two panels. In the first panel experts will explore innovation and planning for sustainable and energy-efficient housing. The second panel will focus on affordability in the energy transition and how to balance goals and needs.

    MIL OSI Europe News –