Category: Finance

  • MIL-OSI China: China, Britain deepen green finance cooperation with new work stream

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

    Financial professionals and experts from China and Britain on Thursday formally launched a joint work stream in London, in a bid to strengthen bilateral cooperation on sustainable finance and biodiversity protection.

    The UK-China Nature and Biodiversity Finance Work Stream, initiated by the China-UK Green Finance Taskforce and co-led by Bank of China and Standard Chartered, will focus on cross-border collaboration and innovation in areas such as natural capital valuation, biodiversity-related disclosure tools and nature-focused investment mechanisms.

    The launch coincided with a high-level forum hosted by Bank of China’s London branch, titled “From Policy to Impact: A Global Perspective on the Current State of Sustainable Development.” The forum, part of the official program of this year’s London Climate Action Week, brought together over 100 participants from financial institutions, government agencies, regulators, think tanks and academia across China, Britain and Europe.

    “Green finance and sustainable development have become central to global high-quality growth and the transformation of financial systems,” said Fang Wenjian, CEO of Bank of China (UK) Limited, during the forum’s opening remarks.

    Charles Bowman, co-chair of the China-UK Green Finance Taskforce, said the initiative came at a critical time. “We must accelerate global capital flows to tackle the climate crisis,” he said. “China and the UK are co-leading this effort through their net-zero commitments and renewable energy investments.”

    London Climate Action Week, founded in 2019 by climate think tank E3G and the Mayor of London’s office, serves as a global platform for policymakers, business leaders, investors and academics to advance climate action and sustainable development. 

    MIL OSI China News

  • MIL-OSI China: Dutch investors pull back from US stocks amid US policy concerns: Rabobank

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

    More than a quarter of Dutch investors have reduced their holdings in U.S. shares over the past six months due to unpredictable and unreliable U.S. policies, according to new research released by Rabobank on Thursday.

    The study revealed that 26 percent of respondents had either personally reduced their U.S. stock investments or had done so jointly with a partner. Additionally, nearly 60 percent said they were unwilling to allocate more capital to U.S. equities.

    According to Rabobank, many investors cited “uncertainty,” “unpredictability,” and “unreliable” when describing the U.S. market climate. The research highlighted the U.S. policies as a key factor behind this sentiment shift.

    The U.S. policies were frequently mentioned “as reasons why investors have become more negative about investing in the U.S.,” the researchers said in a press release.

    “Investors see the role of the U.S. on the world stage as the biggest threat to the value of their investments over the next 12 months,” they said.

    The findings are based on a nationwide survey conducted between April 14 and May 6, 2025. It involved 1,868 Dutch citizens aged 18 to 80, of whom 632 reported holding individual or joint stock investments. 

    MIL OSI China News

  • MIL-Evening Report: Travelling with food allergies? These 8 tips can help you stay safer in the skies

    Source: The Conversation (Au and NZ) – By Jennifer Koplin, Evidence and Translation Lead, National Allergy Centre of Excellence; Chief Investigator, Centre of Food Allergy Research; Associate Professor and Group Leader, Childhood Allergy & Epidemiology Group, Child Health Research Centre, The University of Queensland

    Anchiy/Getty Images

    With the school holidays approaching, many families will be travelling, including on planes interstate and overseas. But travel can pose unique challenges for people with serious food allergies.

    Research shows air travel is a significant source of anxiety for people living with or caring for someone with a food allergy. In a global survey of 4,704 people with food allergies and their caregivers published in 2024, 98% said having a food allergy adds anxiety to air travel.

    Fortunately, there are things you can do to help keep yourself or children with food allergies safe in the skies.

    What are the concerns about plane travel with allergies?

    Reassuringly, documented allergic reactions during flights are very rare. A 2023 review that combined data from 17 studies estimated about seven in every 10 million passengers had an allergic reaction while flying.

    While many people have more mild food allergies, some are at risk of anaphylaxis (a life-threatening allergic reaction) and need to carry adrenaline with them at all times in the form of an EpiPen or Anapen. The review found reports of severe reactions needing adrenaline were even rarer – about eight cases per 100 million passengers.

    In fact, this study concluded people were less likely to experience an allergic reaction on a plane than in their everyday lives. However, some of this might be due to the precautions passengers with food allergies already take.

    People with food allergies are sometimes worried about food particles travelling in the air of the plane cabin and causing a reaction.

    Thankfully, research has shown this risk is very low. It’s difficult for food proteins (the part of the food that causes the allergic reaction) to become airborne. And if they do, air filters fitted on large commercial planes can remove any airborne food particles quickly from the cabin air.

    Peanuts are one of the foods commonly associated with anaphylaxis. Studies that have tested opening and shaking containers containing peanuts and de-shelling peanuts found peanut proteins were only detected directly above the container, at a low level, and for a short period of time.

    Other studies have found airborne peanut was not detected when eating peanuts in a confined space. And studies found no severe reactions among people with peanut allergy when peanut butter or peanuts were held close to their face or kept in a bowl close by in a small room.

    A bigger risk for reactions is the food protein ending up on a seat or tray table. However, casual contact with food crumbs or smears is highly unlikely to cause a severe allergic reaction. This type of contact can cause mild to moderate skin reactions that can be treated with antihistamines if needed.

    Staying safe on a plane with allergies

    For people at risk of anaphylaxis:

    1. take your adrenaline in your hand luggage (not your checked baggage). Store it under the seat in front of you or in the seat pocket so it’s in easy reach

    2. carry a travel plan and action plan for anaphylaxis, completed and signed by a medical professional, or similar documentation, showing the traveller’s food allergy status and what to do in an emergency. (Templates of these plans are available via the Australasian Society of Clinical Immunology and Allergy)

    3. let the flight crew know you have an allergy and indicate the location of your adrenaline and anaphylaxis action plan. This is particularly important for people travelling alone, since anaphylaxis can be mistaken for other non-allergic symptoms, which could lead to a delay in receiving adrenaline.

    For people with food allergies generally:

    1. let the airline know you have a food allergy and ask about their food and medication policies when booking or before travelling

    2. take allergy-safe food from home. Airlines don’t guarantee allergy-safe food will be available, and not all food supplied on a plane will have an ingredient label (but check liquid restrictions and be aware of potential restrictions on taking fresh food across borders)

    3. wipe down surfaces such as the seat, armrests and tray table with wet wipes when boarding. You can request early boarding from airlines to do this

    4. wash your hands before eating (wet wipes and handwashing with soap are more effective than plain water or hand sanitiser)

    5. you may choose to sit a child with food allergy away from areas where food or drink will be passed over the top of them (for example, next to a window or between family members). Tell passengers sitting next to your child about their allergy so they don’t offer to share food or drink

    6. if you think you’re experiencing an allergic reaction, let the flight crew know immediately.

    Most people with food allergies feel anxiety about plane travel.
    joo830908/Shutterstock

    What can other passengers and airlines do?

    If you’re travelling, you could wipe down surfaces around you at the end of the flight. Remove rubbish from seatbacks and other areas around your seat and aisle before disembarking.

    Also, ask about allergies before offering to share any food with your neighbours during the flight (and check with parents before offering anything to their children).

    Airlines, meanwhile, should have clear policies relating to food allergies easily available and consistently applied by ground staff and cabin crew, such as allowing early boarding on request.

    The patient support organisation Allergy & Anaphylaxis Australia has a Food Allergy Travel Hub with advice on how to stay safe when travelling with food allergies.

    Jennifer Koplin receives funding from the National Health and Medical Research Council of Australia. She is a member of the Executive Committee for the National Allergy Centre of Excellence (NACE), which is supported by funding from the Australian government.

    Christopher Warren receives institutional research funding from the National Institute of Allergy and Infectious Disease, Food Allergy Research and Education, Genentech Inc, and The United States Centers for Disease Control and Prevention.

    Desalegn Markos Shifti is supported by the National Health and Medical Research Council (NHMRC)-funded Centre for Food Allergy Research (CFAR) Postdoctoral Funding.

    ref. Travelling with food allergies? These 8 tips can help you stay safer in the skies – https://theconversation.com/travelling-with-food-allergies-these-8-tips-can-help-you-stay-safer-in-the-skies-258387

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Cantwell Statement on SCOTUS Decision That Paves Way to Eliminate Health Care Access for Medicaid Patients

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    06.26.25

    Cantwell Statement on SCOTUS Decision That Paves Way to Eliminate Health Care Access for Medicaid Patients

    49% of Planned Parenthood patients access care via Medicaid and/or the Title X family planning program; FACT SHEET: In WA State – Planned Parenthood serves 100,000 patients annually, about half are Medicaid recipients

    WASHINGTON, D.C. – Today, the U.S. Supreme Court ruled to allow South Carolina to end Planned Parenthood’s participation in the state’s Medicaid program –  denying South Carolinians easy access to preventive health care like birth control. The ruling opens the door for any anti-abortion state in the country to take the same action. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, issued the following statement in response to the decision:

    “Today’s Supreme Court ruling means that any state can blacklist Planned Parenthood or other health care providers, taking away access for Medicaid recipients,” said Sen. Cantwell. “This decision is another troubling step toward the anti-abortion movement’s ultimate goal — deciding for themselves what reproductive care American women are allowed to get.”

    The 1977 Hyde Amendment already bans the use of federal funding for abortion, with an exception for pregnancies that endanger the life of the pregnant person or that result from rape or incest. This decision paves the way for states to eliminate access for Medicaid patients to receive affordable cancer screenings, gynecological care, STD and STI screenings, and birth control services from Planned Parenthood clinics.

    According to a Planned Parenthood report, from 2023-2024 the provider accounted for 364,600 Pap tests and breast exams, 2.2 million birth control services, and 5.1 million STI tests and treatments. Half of all Planned Parenthood patients (49%) access care through Medicaid and/or the Title X family planning program. Allowing states to withhold Medicaid funding also puts rural communities at risk — 76% of Planned Parenthood health centers are located in rural or medically underserved areas, meaning patients would have to travel farther to receive care.

    Sen. Cantwell has been a champion for preserving Medicaid and access to reproductive health care. Earlier this week, on the three-year anniversary of the Dobbs v. Jackson Women’s Health Organization Supreme Court decision that overturned Roe v. Wade, Sen. Cantwell released a fact sheet detailing the dire consequences for Washington state’s reproductive health care delivery system if the Republican reconciliation bill is passed that would cut billions from Medicaid.

    Yesterday, Sen. Cantwell spoke on the Senate floor to urge her colleagues to vote against cuts to Medicaid that would effectively reverse the expansion of the program under the Affordable Care Act. Video of Sen. Cantwell’s speech is available HERE, and a transcript HERE.

    On Tuesday’s Dobbs anniversary, Sen. Cantwell joined the entire Democratic Senate Caucus in introducing the Women’s Health Protection Act of 2025, which would guarantee access to abortion everywhere across the country and restore the right to comprehensive reproductive health care for millions of Americans. Also this week, Sen. Cantwell joined nine of her Senate Democratic colleagues in a letter condemning the Trump Administration’s recent rescission of guidance that reaffirmed hospitals and providers’ obligations under the Emergency Medical Treatment and Labor Act (EMTALA) to provide medically necessary emergency abortion care, regardless of where the patient lives.

    A full timeline of Sen. Cantwell’s actions to defend Medicaid from cuts is HERE.

    MIL OSI USA News

  • MIL-OSI: Bitcoin Treasury Corporation Announces the Resumption of Trading of Its Common Shares on the TSX Venture Exchange, Closing of Common Share Offering and Initial Bitcoin Acquisition

    Source: GlobeNewswire (MIL-OSI)

    Trading to Commence Under Symbol “BTCT”

    Not for distribution to United States news wire services or for dissemination in the United States.

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Bitcoin Treasury Corporation (TSXV: BTCT) (“Bitcoin Treasury” or the “Corporation”), further to its press releases dated June 17, 2025, and June 24, 2025, is pleased to announce that the Corporation’s common shares (the “Bitcoin Treasury Shares”) have been listed on the TSX Venture Exchange (the “TSXV”) with an immediate trading halt and, pursuant to a bulletin issued by the TSXV on June 26, 2025, the Bitcoin Treasury Shares will resume trading freely on June 30, 2025 under the symbol BTCT, CUSIP Number: 09175U103. There are 10,075,080 Bitcoin Treasury Shares issued and outstanding.

    Bitcoin Treasury Share Offering

    The Corporation also wishes to announce that, as of today, it has completed its brokered offering (the “Offering”) of 426,650 Bitcoin Treasury Shares at a price of $10.00 per Bitcoin Treasury Share (the “Offered Shares”). The Offering, combined with the Concurrent Financing (as defined in the Corporation’s press release dated June 23, 2025), resulted in aggregate gross proceeds to the Corporation of $125,000,000. The Offered Shares are eligible for investment in RRSPs, RESPs, RRIFs, RDSPs, TFSAs, FHSAs and DPSPs, but are subject to a statutory hold period of four months plus one day from today, June 26, 2025, being the date the Offered Shares were issued, in accordance with Applicable Canadian Securities Laws. As announced in a press release of the Corporation dated June 24, 2025, the TSXV issued a bulletin on June 24, 2025, providing that the Corporation had met all final listing requirements assuming completion of the Offering.

    Canaccord Genuity and Stifel acted as co-lead agents, together with National Bank Financial Markets, BMO Capital Markets, CIBC Capital Markets, Wellington-Altus, Greenhill, a Mizuho affiliate, Research Capital, Haywood Securities, ATB Capital Markets, Independent Trading Group, Richardson Wealth and Ventum Capital Markets (collectively, the “Agents”) in connection with the Offering. As consideration for their services, the Corporation paid to the Agents cash fees of $178,950.

    Bitcoin Acquisition

    On June 26, 2025, following the closing of its concurrent financing, the Corporation acquired 292.80 Bitcoin for a total purchase price of CAD $43,127,353. The Corporation now holds 292.80 Bitcoin on its balance sheet. This acquisition marks the official launch of BTCT’s Bitcoin accumulation plan. The Corporation will disclose its initial Bitcoin per Share (BPS) once this phase of the program is complete.

    BTCT intends to leverage its Bitcoin holdings to offer institutional lending solutions that provide liquidity to counterparties, while prioritizing financial security and disciplined risk management. The Corporation views Bitcoin not only as a long-term reserve asset, but also as a core component of its operating model and revenue generation strategy.

    About Bitcoin Treasury

    Bitcoin Treasury Corporation is a Canadian-based company focused on institutional-grade Bitcoin services, initially offering Bitcoin-denominated loans., including lending, liquidity, and collateral solutions. Bitcoin Treasury’s core strategy is to build shareholder value through the strategic accumulation and active deployment of Bitcoin. Recognizing Bitcoin’s finite supply and long-term potential, the Corporation intends to maintain a robust treasury position while supporting the development of its service offerings.

    For further information, please contact:

    Bitcoin Treasury Corporation
    Elliot Johnson, Chief Executive Officer
    Phone: 416-619-3403
    Email: ejohnson@btctcorp.com

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Cautionary Note Regarding Forward-Looking Statements

    This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects” or “does not expect”, “is expect”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, or variations of such words and phrases) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: business integration risks; the Corporation’s operating results will experience significant fluctuations due to the highly volatile nature of Bitcoin; the Corporation operates in a heavily regulated environment and any material changes or actions could lead to negative adverse effects to the business model, operational results, and financial condition of the Corporation; evolving cryptocurrency regulatory requirements and the impact on the Corporation’s business plan; Bitcoin value risk; reliance on key personnel; implementation of the Corporation’s business plan; lack of operating history; competitive conditions; de banking and financial services risk; anti money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes to bank fees or practices, or payment card networks; audit of tax filings; market for the Bitcoin Treasury Shares; market price of the Bitcoin Treasury Shares; conflicts of interest; internal controls; tariffs and the imposition of other restrictions on trade could adversely affect the Corporation’s business; risk of litigation; pandemics or other health crisis; acquisitions and integration; risk of dilution of Bitcoin Treasury securities; dividend policy; Bitcoin price volatility; custodial risks; technological vulnerabilities; Bitcoin transactions are irreversible and may result in significant losses; short history risk; limited history of the Bitcoin market; potential decrease in the global demand for Bitcoin; economic and political factors; top Bitcoin holders control a significant percentage of the outstanding Bitcoin; availability of exchange traded products liquidity; security breaches; the requirements that accompany being a publicly traded company may put a strain on the Corporation’s resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; liquidity risk; leverage risk; and share price fluctuations.

    Although management of the Corporation believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and the Corporation does not undertake any obligation to update publicly or to revise any of the included forward -looking statements or information, whether as a result of new information, change in management’s estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law.

    The TSXV has neither approved nor disapproved the contents of this news release.

    The MIL Network

  • MIL-OSI: Bitcoin Treasury Corporation Announces the Resumption of Trading of Its Common Shares on the TSX Venture Exchange, Closing of Common Share Offering and Initial Bitcoin Acquisition

    Source: GlobeNewswire (MIL-OSI)

    Trading to Commence Under Symbol “BTCT”

    Not for distribution to United States news wire services or for dissemination in the United States.

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Bitcoin Treasury Corporation (TSXV: BTCT) (“Bitcoin Treasury” or the “Corporation”), further to its press releases dated June 17, 2025, and June 24, 2025, is pleased to announce that the Corporation’s common shares (the “Bitcoin Treasury Shares”) have been listed on the TSX Venture Exchange (the “TSXV”) with an immediate trading halt and, pursuant to a bulletin issued by the TSXV on June 26, 2025, the Bitcoin Treasury Shares will resume trading freely on June 30, 2025 under the symbol BTCT, CUSIP Number: 09175U103. There are 10,075,080 Bitcoin Treasury Shares issued and outstanding.

    Bitcoin Treasury Share Offering

    The Corporation also wishes to announce that, as of today, it has completed its brokered offering (the “Offering”) of 426,650 Bitcoin Treasury Shares at a price of $10.00 per Bitcoin Treasury Share (the “Offered Shares”). The Offering, combined with the Concurrent Financing (as defined in the Corporation’s press release dated June 23, 2025), resulted in aggregate gross proceeds to the Corporation of $125,000,000. The Offered Shares are eligible for investment in RRSPs, RESPs, RRIFs, RDSPs, TFSAs, FHSAs and DPSPs, but are subject to a statutory hold period of four months plus one day from today, June 26, 2025, being the date the Offered Shares were issued, in accordance with Applicable Canadian Securities Laws. As announced in a press release of the Corporation dated June 24, 2025, the TSXV issued a bulletin on June 24, 2025, providing that the Corporation had met all final listing requirements assuming completion of the Offering.

    Canaccord Genuity and Stifel acted as co-lead agents, together with National Bank Financial Markets, BMO Capital Markets, CIBC Capital Markets, Wellington-Altus, Greenhill, a Mizuho affiliate, Research Capital, Haywood Securities, ATB Capital Markets, Independent Trading Group, Richardson Wealth and Ventum Capital Markets (collectively, the “Agents”) in connection with the Offering. As consideration for their services, the Corporation paid to the Agents cash fees of $178,950.

    Bitcoin Acquisition

    On June 26, 2025, following the closing of its concurrent financing, the Corporation acquired 292.80 Bitcoin for a total purchase price of CAD $43,127,353. The Corporation now holds 292.80 Bitcoin on its balance sheet. This acquisition marks the official launch of BTCT’s Bitcoin accumulation plan. The Corporation will disclose its initial Bitcoin per Share (BPS) once this phase of the program is complete.

    BTCT intends to leverage its Bitcoin holdings to offer institutional lending solutions that provide liquidity to counterparties, while prioritizing financial security and disciplined risk management. The Corporation views Bitcoin not only as a long-term reserve asset, but also as a core component of its operating model and revenue generation strategy.

    About Bitcoin Treasury

    Bitcoin Treasury Corporation is a Canadian-based company focused on institutional-grade Bitcoin services, initially offering Bitcoin-denominated loans., including lending, liquidity, and collateral solutions. Bitcoin Treasury’s core strategy is to build shareholder value through the strategic accumulation and active deployment of Bitcoin. Recognizing Bitcoin’s finite supply and long-term potential, the Corporation intends to maintain a robust treasury position while supporting the development of its service offerings.

    For further information, please contact:

    Bitcoin Treasury Corporation
    Elliot Johnson, Chief Executive Officer
    Phone: 416-619-3403
    Email: ejohnson@btctcorp.com

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Cautionary Note Regarding Forward-Looking Statements

    This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects” or “does not expect”, “is expect”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, or variations of such words and phrases) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: business integration risks; the Corporation’s operating results will experience significant fluctuations due to the highly volatile nature of Bitcoin; the Corporation operates in a heavily regulated environment and any material changes or actions could lead to negative adverse effects to the business model, operational results, and financial condition of the Corporation; evolving cryptocurrency regulatory requirements and the impact on the Corporation’s business plan; Bitcoin value risk; reliance on key personnel; implementation of the Corporation’s business plan; lack of operating history; competitive conditions; de banking and financial services risk; anti money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes to bank fees or practices, or payment card networks; audit of tax filings; market for the Bitcoin Treasury Shares; market price of the Bitcoin Treasury Shares; conflicts of interest; internal controls; tariffs and the imposition of other restrictions on trade could adversely affect the Corporation’s business; risk of litigation; pandemics or other health crisis; acquisitions and integration; risk of dilution of Bitcoin Treasury securities; dividend policy; Bitcoin price volatility; custodial risks; technological vulnerabilities; Bitcoin transactions are irreversible and may result in significant losses; short history risk; limited history of the Bitcoin market; potential decrease in the global demand for Bitcoin; economic and political factors; top Bitcoin holders control a significant percentage of the outstanding Bitcoin; availability of exchange traded products liquidity; security breaches; the requirements that accompany being a publicly traded company may put a strain on the Corporation’s resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; liquidity risk; leverage risk; and share price fluctuations.

    Although management of the Corporation believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and the Corporation does not undertake any obligation to update publicly or to revise any of the included forward -looking statements or information, whether as a result of new information, change in management’s estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law.

    The TSXV has neither approved nor disapproved the contents of this news release.

    The MIL Network

  • MIL-OSI New Zealand: SOPA Announces the Winners of its 2025 Awards for Editorial Excellence

    Source: Society of Publishers in Asia (SOPA)

    Bloomberg’s Mishal Husain delivered the keynote address about image, voice and trust in the age of AI

    HONG KONG, June 26, 2025 – The Society of Publishers in Asia (SOPA), a Hong Kong-based not-for-profit organization dedicated to encouraging the highest standards in journalism, announced the winners of its prestigious annual Awards for Editorial Excellence. (full list of winners also available here:

    https://sopawards.com/the-sopa-awards/award-winners/)

    The awards recognize outstanding journalistic work from the past year in the Asia-Pacific region and were given out at a celebratory dinner in Hong Kong on Thursday June 26, marking the 27th consecutive year of the awards.

    Global, regional/local, and Chinese-language media outlets submitted more than 700 entries in 21 categories including Bahasa Indonesia, which has been part of the lineup for the past three years.

    Submissions from regional and local publications rose substantially from a year earlier, showing the growing voices of smaller publications around the region. To help showcase grassroots coverage, SOPA offered reduced entry fees to small media outlets and first-time entrants from a dozen countries and regions. Several took home prizes including Mekong Eye, which won the top regional/local award in Investigative Reporting for Cattle Hustle, and Hong Kong’s HK Feature got Honorable Mention in the Chinese-language Feature Writing category for ‘Democracy pineapple’ caught in political dilemma across the Taiwan Strait. Philippine Center for Investigative Journalism won the top regional/local award in Explanatory Reporting for Renewed Attention on Political Dynasties in the Philippines.

    China’s economy and tensions with the U.S. over technology continued to be a focus, while brewing issues on a number of fronts sparked an increase in India-related entries.

    Here are some highlights:

    EXCELLENCE IN REPORTING ON WOMEN’S ISSUES

    The New York Times with The Fuller Project won the top global award for The Brutality of Sugar, with judges calling it an “eye-opening” account “revealing the horrendous conditions facing women in India’s sugar industry.”

    The Wire won the top regional/local award for Breaking The Nets, which the judges said offered “a fascinating insight into the knock-on effects of India’s patriarchal society” and how women contend with them.EXCELLENCE IN AUDIO REPORTING

    Mongabay won the top regional/local award for Wild Frequencies: How listening to India’s animals inspires people to protect wildlife, which judges praised as showing how sounds are a clue to “whether an ecosystem is healthy or imperiled.”

    EXCELLENCE IN HUMAN RIGHTS REPORTING

    The Collective HK won the top Chinese-language award for Five Years After Anti-Extradition Law Amendment Bill Movement: How are they?, which focused on four personalities in the 2019 social movement in Hong Kong and the judges said is “full of drama” without “emotive writing.”

    EXCELLENCE IN FEATURE WRITING

    The Australian Financial Review won the top regional/local award for Inside the ‘unending chaos’ at Andrew Forrest’s Fortescue, which the judges called “an impressive portrait” of an Australian businessman involved in tackling climate change.

    Initium Media won the top Chinese-language group award for Chinese Fighting for Russia: Money, Thrill and Becoming Influencers, which the judges noted had “sparked significant attention and discussion.”

    EXCELLENCE IN TECHNOLOGY REPORTING

    Nikkei Asia won the top global award for China’s tech industry fights back, which the judges called “a well-reported exploration of China’s drive for tech primacy in the face of U.S. restrictions.”

    EXCELLENCE IN ARTS AND CULTURE REPORTING

    The Economist’s 1843 Magazine won the top global award for How I became the Taliban’s portrait artist, which the judges called “a gripping account” of how the author’s own kidnapping in Afghanistan showed an unexpected side of today’s Taliban.

    EXCELLENCE IN REPORTING BREAKING NEWS

    Reuters won the top global and regional/local award for South Korea’s martial law crisis, which judges said, “kept global audiences informed about one of the biggest breaking stories last year.”EXCELLENCE IN OPINION WRITING

    Singapore’s The Straits Times won the regional/local award for No country for young men: Where is Malaysia’s next generation of leaders? The judges said it “demystifies the complex web of personalities shaping Malaysian politics.”

    The judges selected Qianer Liu of The Information for the SOPA Award for Young Journalist citing her “unique insights into the tech competition between the U.S. and China.”

    The Wall Street Journal won the coveted SOPA Award for Public Service Journalism for A Vicious New Scam Industry Metastasizes that detailed the brutal reality of the global criminal enterprise of “pig butchering” cyber fraud.

    “Congratulations to all the winners, honorable mentions and finalists,” said Bill Ridgers, Asia Digital Editor at The Economist and Co-Chair of SOPA’s Editorial Committee. “The high quality of entries for the SOPA 2025 awards is proof that the media continues to perform a critical role in informing readers in Asia Pacific and elsewhere about this region and helping shape public discourse.”

    SOPA would like to thank Bloomberg’s Mishal Husain who spoke on image, voice and trust in the age of AI. Her keynote address will be available on SOPA’s YouTube channel from 28 June, 2025. (link: https://www.youtube.com/@sopaasia)

    We also extend thanks to our nearly 120 volunteer judges and to Karen Koh for being our Master of Ceremonies, and to the University of Hong Kong’s Journalism and Media Studies Centre, which has administered the awards since 2011.

    Critical to presenting the awards are our sponsors. Factiva is an Associate Sponsor and Telum Media is a Supporting Partner.

    Awards Ceremony Dinner photos can be accessed here:

    https://sopawards.com/awards-dinner-photos/

    About SOPA

    The Society of Publishers in Asia (SOPA) is a Hong Kong-based not-for-profit organization that was founded in 1982 to champion freedom of the press, promote excellence in journalism and endorse best practices for all local and regional publishing platforms in the Asia-Pacific region.

    Today, SOPA is the voice of Asia’s media and publishing industry, and continues to work to uphold media standards and freedoms while celebrating and supporting professional journalism and publishing. The SOPA Awards for Editorial Excellence are the annual,flagship awards, serving as a regional benchmark for quality, professional journalism and have been given out every year since 1999.

    MIL OSI New Zealand News

  • MIL-OSI Security: Strength, energy and unfailing personal commitment

    Source: United Kingdom National Police Chiefs Council

    Investigation into Post Office Horizon scandal gathers momentum

    • Scope increased with 6m documents to review
    • Currently seven main suspects under investigation

    Six months since the police team investigating the Post Office Horizon scandal was strengthened to 100, their work continues to gather pace with the scope ever increasing.

    Currently, there are over 45 individuals under investigation as enquiries progress, with seven formally identified as suspects.

    At its introduction, the team, made up of officers and staff from around the country, began with around 1.5 million documents to review and through evidence gathering this has now increased to 6 million, with both the number of documents, suspects and victims expected to rise.

    The investigation is overseen by the National Police Chiefs’ Council and the Metropolitan Police, led by Commander Stephen Clayman. He said:

    “Victims remain at the heart of this investigation and our contact with the many people affected by the Post Office Horizon scandal continues to increase. This week (25 June) the whole investigation team met in person for the first time during our operational development day, a valuable opportunity to come together and reaffirm our focus on the investigative strategy and discuss next steps.

    “To date, four individuals have been interviewed. Two in late 2021, one in late 2024 and most recently one in early 2025. Formally identifying a suspect and preparing to question them takes a significant amount of time due to the volume of material and enquiries necessary so these numbers will continue to rise as the team’s work progresses.

    “We are making progress and laying the foundations for what is to come. We all have a personal commitment to this investigation which goes far beyond documents and evidence. It is about the thousands of lives the Post Office Horizon scandal has impacted and we remain focussed on our goal of securing justice for those affected.”

    Four Regional Investigation Teams (RITs) are made up from police forces across England and Wales with Police Scotland and the Police Service of Northern Ireland also making contributions.

    For further information and updates on Op Olympos visit: www.police.uk/pu/operation-olympos

    Further information about Op Olympos

    Additional national oversight of the investigation is provided by a Platinum group, led by NPCC Chair, Chief Constable Gavin Stephens, and comprised of nationally appointed leads for the investigation, finance, Crown Prosecution Service and victim engagement. Its role is to ensure the national team remains resourced to agreed strengths, along with oversight of the financial management of the investigation and support infrastructure. 

    The investigation is unprecedented in both its scale and complexity and is truly national in its scope – with most areas across England and Wales affected, along with Scotland and Northern Island. It was determined that a national policing response would be required to effectively investigate the actions of Post Office Limited and its investigators, managers, legal teams and executive oversight, along with staff and executives within Fujitsu. This will involve reviewing millions of documents to identify actions which could amount to criminal offences on both an individual and corporate basis.

    Op Olympos is investigating perjury and perverting the course of justice offences in relation to the prosecutions. These prosecutions and the sub postmasters span all police forces with potential suspects across the country.

    Op Olympos is not a reinvestigation of these wrongful prosecutions. Whilst the sub postmasters are victims of tainted or missing evidence being presented about them, the offences under investigation are against the Post Office.

    The action taken against the sub postmasters provides part of the evidence for perverting the course of justice, however it is not necessary to review each and every case. This strategy has been reviewed and agreed by Crown Prosecution Service throughout and is deemed to meet disclosure and evidential requirements, whilst remaining focussed and proportionate. This will require continuous scrutiny in order to prevent the scope becoming too large and less focussed.

    MIL Security OSI

  • MIL-OSI Security: Strength, energy and unfailing personal commitment

    Source: United Kingdom National Police Chiefs Council

    Investigation into Post Office Horizon scandal gathers momentum

    • Scope increased with 6m documents to review
    • Currently seven main suspects under investigation

    Six months since the police team investigating the Post Office Horizon scandal was strengthened to 100, their work continues to gather pace with the scope ever increasing.

    Currently, there are over 45 individuals under investigation as enquiries progress, with seven formally identified as suspects.

    At its introduction, the team, made up of officers and staff from around the country, began with around 1.5 million documents to review and through evidence gathering this has now increased to 6 million, with both the number of documents, suspects and victims expected to rise.

    The investigation is overseen by the National Police Chiefs’ Council and the Metropolitan Police, led by Commander Stephen Clayman. He said:

    “Victims remain at the heart of this investigation and our contact with the many people affected by the Post Office Horizon scandal continues to increase. This week (25 June) the whole investigation team met in person for the first time during our operational development day, a valuable opportunity to come together and reaffirm our focus on the investigative strategy and discuss next steps.

    “To date, four individuals have been interviewed. Two in late 2021, one in late 2024 and most recently one in early 2025. Formally identifying a suspect and preparing to question them takes a significant amount of time due to the volume of material and enquiries necessary so these numbers will continue to rise as the team’s work progresses.

    “We are making progress and laying the foundations for what is to come. We all have a personal commitment to this investigation which goes far beyond documents and evidence. It is about the thousands of lives the Post Office Horizon scandal has impacted and we remain focussed on our goal of securing justice for those affected.”

    Four Regional Investigation Teams (RITs) are made up from police forces across England and Wales with Police Scotland and the Police Service of Northern Ireland also making contributions.

    For further information and updates on Op Olympos visit: www.police.uk/pu/operation-olympos

    Further information about Op Olympos

    Additional national oversight of the investigation is provided by a Platinum group, led by NPCC Chair, Chief Constable Gavin Stephens, and comprised of nationally appointed leads for the investigation, finance, Crown Prosecution Service and victim engagement. Its role is to ensure the national team remains resourced to agreed strengths, along with oversight of the financial management of the investigation and support infrastructure. 

    The investigation is unprecedented in both its scale and complexity and is truly national in its scope – with most areas across England and Wales affected, along with Scotland and Northern Island. It was determined that a national policing response would be required to effectively investigate the actions of Post Office Limited and its investigators, managers, legal teams and executive oversight, along with staff and executives within Fujitsu. This will involve reviewing millions of documents to identify actions which could amount to criminal offences on both an individual and corporate basis.

    Op Olympos is investigating perjury and perverting the course of justice offences in relation to the prosecutions. These prosecutions and the sub postmasters span all police forces with potential suspects across the country.

    Op Olympos is not a reinvestigation of these wrongful prosecutions. Whilst the sub postmasters are victims of tainted or missing evidence being presented about them, the offences under investigation are against the Post Office.

    The action taken against the sub postmasters provides part of the evidence for perverting the course of justice, however it is not necessary to review each and every case. This strategy has been reviewed and agreed by Crown Prosecution Service throughout and is deemed to meet disclosure and evidential requirements, whilst remaining focussed and proportionate. This will require continuous scrutiny in order to prevent the scope becoming too large and less focussed.

    MIL Security OSI

  • MIL-OSI: FIGX Capital Acquisition Corp. Announces the Pricing of $131,000,000 Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Tiburon, CA, June 26, 2025 (GLOBE NEWSWIRE) — FIGX Capital Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 13,100,000 units. The units are expected to be listed on The Nasdaq Global Stock Market LLC (“Nasdaq”) and begin trading tomorrow, June 27, 2025, under the ticker symbol “FIGXU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “FIGX” and “FIGXW,” respectively. The offering is expected to close on June 30, 2025, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 1,965,000 units at the initial public offering price to cover over-allotments, if any.

    The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company currently intends to concentrate its efforts in identifying businesses in the financial industry group (FIG Sector), with a focus on differentiated private wealth/asset managers positioned to become multi-asset fund managers with diversified distribution channels and global market presence, however, it may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution.

    The Company’s management team is led by Lou Gerken, Chief Executive Officer and Chairman, and Jide James Zeitlin, Vice Chairman of the Board of Directors (the “Board”), and Mike Rollins, its Chief Financial Officer. The Board also includes Dr. Russel Read, Real Desrochers and Pierre Sauvagnat.

    Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering.

    The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022, or by email at prospectus@cantor.com.

    A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on June 26, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all.

    Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Investor Contacts

    FIGX Capital Acquisition Corp.
    Louis Gerken
    lou@gerkencapital.com
    (415) 383 -1464

    The MIL Network

  • MIL-OSI: FIGX Capital Acquisition Corp. Announces the Pricing of $131,000,000 Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Tiburon, CA, June 26, 2025 (GLOBE NEWSWIRE) — FIGX Capital Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 13,100,000 units. The units are expected to be listed on The Nasdaq Global Stock Market LLC (“Nasdaq”) and begin trading tomorrow, June 27, 2025, under the ticker symbol “FIGXU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “FIGX” and “FIGXW,” respectively. The offering is expected to close on June 30, 2025, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 1,965,000 units at the initial public offering price to cover over-allotments, if any.

    The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company currently intends to concentrate its efforts in identifying businesses in the financial industry group (FIG Sector), with a focus on differentiated private wealth/asset managers positioned to become multi-asset fund managers with diversified distribution channels and global market presence, however, it may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution.

    The Company’s management team is led by Lou Gerken, Chief Executive Officer and Chairman, and Jide James Zeitlin, Vice Chairman of the Board of Directors (the “Board”), and Mike Rollins, its Chief Financial Officer. The Board also includes Dr. Russel Read, Real Desrochers and Pierre Sauvagnat.

    Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering.

    The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022, or by email at prospectus@cantor.com.

    A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on June 26, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all.

    Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Investor Contacts

    FIGX Capital Acquisition Corp.
    Louis Gerken
    lou@gerkencapital.com
    (415) 383 -1464

    The MIL Network

  • MIL-OSI USA: Warren, Schumer, Wyden, Whitehouse Demand Explanation from Big Oil Corporations Lobbying for Giveaways at Expense of American Families

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    June 26, 2025
    Senate Republicans have included a $1 trillion loophole for Big Oil in “big, beautiful bill” that would allow massive corporations to avoid paying federal taxes despite earning billions. 
    “Congress should not raise energy prices for working families to deliver handouts to Big Oil.”
    Text of Letters to Big Oil Companies (PDF)
    Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee, Sheldon Whitehouse (D-R.I.), Ranking Member of the Senate Environmental Public Works Committee, and Chuck Schumer (D-N.Y.), Senate Minority Leader, pushed Big Oil companies ConocoPhillips and Ovintiv Inc. (Ovintiv) on their companies’ lobbying efforts to win a $1.1 billion tax loophole in President Trump’s “Big Beautiful Bill,” leaving middle-class families stuck with higher energy costs. 
    The Inflation Reduction Act of 2022 imposed a corporate alternative minimum tax (CAMT) on the nation’s wealthiest companies, requiring companies reporting over $1 billion in annual profits to pay at least 15% of those profits in taxes. Section 70523 of the Senate Republicans’ reconciliation bill would add a loophole to CAMT for Big Oil. If enacted, this provision would reduce or even eliminate tax liabilities for oil and gas companies under CAMT, allowing some to pay no federal income taxes whatsoever.
    “Even after the IRA’s passage, corporations lobbied furiously to weaken CAMT as much as possible, and Senate Republicans are now close to delivering on one of Big Oil’s key requests by granting the industry a huge loophole,” wrote the senators.
    Senate Republicans are paying for this handout by cutting clean energy tax credits and vital energy programs. Experts have said the Republican bill would contribute to “higher electricity costs for consumers,” adding to already too-high utility bills. Households are at risk of losing over $2,200 in savings per year on utility bills.
    “Adding this tax break for Big Oil to the reconciliation package is especially insulting since Senate Republicans are trying to pay for this handout with cuts to other programs that would end up raising energy prices for everyday Americans,” wrote the senators. “Congress should not raise energy prices for working families to deliver handouts to Big Oil.”
    The senators are pushing ConocoPhillips and Ovintiv Inc. for answers on their involvement in lobbying for this handout, with responses due by July 9, 2025.

    MIL OSI USA News

  • MIL-OSI New Zealand: Reporting and monitoring – ACE in Schools

    Source: Tertiary Education Commission

    Last updated 18 February 2025
    Last updated 18 February 2025

    Print

    Share

    This page covers reporting and monitoring requirements for Adult and Community Education (ACE) in Schools funding.
    This page covers reporting and monitoring requirements for Adult and Community Education (ACE) in Schools funding.

    Reporting
    If you receive ACE (Schools) funding, you must submit:

    a progress report for the period 1 January to 31 May no later than 10 working days after 31 May; and
    a progress report for the period 1 January to 30 September no later than 10 working days after 30 September; and
    a final report for the period 1 January to 31 December no later than 31 January of the following year. 

    Each progress report and the final report must:

    be completed and submitted in accordance with the template that we will provide to you; and
    relate to the specific delivery commitments outlined in your Investment Plan. 

    If you receive ACE (Schools) funding to support ACE coordination you must submit to us:

    an interim report on expenditure for the period 1 January to 30 September no later than 10 working days after 30 September; and
    a final report on expenditure for the period 1 January to 31 December no later than 31 January of the following year. 

    For details about the information we require you to report, please refer to Other Fund Actuals.
    Templates for the two progress reports and one final report are available for tertiary education organisations (TEOs) to complete and submit by the due dates on DXP Ngā Kete. 
    Individual learner data
    Schools must collect and retain accurate data on each learner enrolment, including demographic information at the time of enrolment, and up-to-date records of learner attendance. This data is required for audit purposes, but you do not need to submit it to us with the full year Actuals Report unless you are voluntarily reporting National Student Numbers (NSNs).
    You should also collect and retain learner outcomes data for each course, including in relation to the intended outcomes, and whether or not you achieved these.
    National Student Number (NSN) reporting
    From 1 January 2023, education organisations that deliver under the ACE in Communities or ACE in Schools fund can voluntarily report their learners’ NSNs. This is to enable further research into ACE learners and assist in monitoring learner outcomes and pathways.
    Monitoring
    We monitor school performance to understand school performance in the sector, and to inform our decisions about future funding they may receive.
    We monitor schools funded through ACE against the following:

    commitments:

    number of learners and hours of delivery (contracted and delivered),
    hours of learner attendance,
    delivery sites, and

    performance indicators:

    course completion rates – whether learners attend on average at least 80 percent of tuition time across funded courses, and
    priority learner groups.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Reporting and monitoring – English Language Teaching

    Source: Tertiary Education Commission

    Last updated 18 February 2025
    Last updated 18 February 2025

    Print

    Share

    This page provides information about tertiary education organisations’ (TEOs’) reporting on English Language Teaching – Intensive Literacy and Numeracy (ELT ILN) delivery, and how we monitor their performance.
    This page provides information about tertiary education organisations’ (TEOs’) reporting on English Language Teaching – Intensive Literacy and Numeracy (ELT ILN) delivery, and how we monitor their performance.

    TEOs with an indicative allocation of ELT ILN funding submit a completed mix of provision (MoP) template to us via DXP Ngā Kete. 
    We approve the MoP through the Investment Plan (Plan) approval process.
    We monitor TEOs’ reported delivery against these commitments and other requirements and expectations that we set TEOs.
    Reporting
    If you receive ELT ILN funding, you must submit:  

    a progress report for the period 1 January to 31 May no later than 10 working days after 31 May; and 
    a progress report for the period 1 January to 30 September no later than 10 working days after 30 September; and
    a final report for the period 1 January to 31 December no later than 31 January of the following year. 

    Each progress report and the final report must:

    be submitted in accordance with the template that we will provide to you; and
    relate to the specific outcomes outlined in your Investment Plan.

    For details about the information we require you to report, please refer to Other Fund Actuals.
    Templates for the two progress reports and one final report are available for TEOs to complete and submit by the due dates on DXP Ngā Kete.
    Monitoring
    We monitor TEO performance and practices to understand their performance in the sector, and to inform our decisions about future funding they may receive.
    We monitor a TEO’s:

    achievement of MoP delivery commitments
    compliance with ELT funding conditions for the relevant year
    compliance with legislative requirements
    hours and intensity of delivery, and
    achievement of other expectations that we communicate to TEOs.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Reporting and monitoring – Intensive Literacy and Numeracy

    Source: Tertiary Education Commission

    Last updated 18 February 2025
    Last updated 18 February 2025

    Print

    Share

    This page provides information about tertiary education organisations’ (TEOs’) reporting on Intensive Literacy and Numeracy (ILN) delivery, and our monitoring of their performance.
    This page provides information about tertiary education organisations’ (TEOs’) reporting on Intensive Literacy and Numeracy (ILN) delivery, and our monitoring of their performance.

    TEOs with an indicative allocation of ILN funding submit a completed Mix of Provision (MoP) template to us via DXP Ngā Kete.
    We approve the MoP through the Investment Plan approval process.
    We monitor TEOs’ reported delivery against these commitments and other requirements and expectations that we set.
    Reporting
    If you receive ILN funding, you must submit:

    a progress report for the period 1 January to 31 May no later than 10 working days after 31 May; and
    a progress report for the period 1 January to 30 September no later than 10 working days after 30 September; and
    a final report for the period 1 January to 31 December no later than 31 January of the following year.

    Each progress report and the final report must:

    be submitted in accordance with the template that we will provide to you; and
    relate to the specific delivery commitments outlined in your Investment Plan. 

    For details about the information we require you to report please refer to Other Fund Actuals.
    Templates for the two progress reports and one final report are available for TEOs to complete and submit by the due dates on DXP Ngā Kete.
    Monitoring
    We monitor TEO performance and practices to understand their performance in the sector, and to inform our decisions about future funding they may receive.
    We monitor a TEO’s:

    achievement of MoP delivery commitments
    compliance with ILN funding conditions for the relevant year
    compliance with legislative requirements
    hours and intensity of delivery, and
    achievement of other expectations that we communicate to TEOs.

    Funding conditions by year

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Reporting and monitoring – Refugee English

    Source: Tertiary Education Commission

    Last updated 18 February 2025
    Last updated 18 February 2025

    Print

    Share

    This page provides information about tertiary education organisations’ (TEOs’) reporting on English Language Teaching Refugee English Fund (Refugee English) Fund delivery, and our monitoring of their performance.
    This page provides information about tertiary education organisations’ (TEOs’) reporting on English Language Teaching Refugee English Fund (Refugee English) Fund delivery, and our monitoring of their performance.

    Reporting
    If you receive Refugee English funding, you must submit:  

    a progress report for the period 1 January to 31 May no later than 10 working days after 31 May;
    a progress report for the period 1 January to 30 September no later than 10 working days after 30 September; and
    a final report for the period 1 January to 31 December no later than 31 January of the following year. 

    Each progress report and the final report must:

    be submitted in accordance with the template that we will provide to you; and
    relate to the specific outcomes in your Investment Plan.

    For details about the information we require you to report, please refer to Other Fund Actuals.
    Templates for the two progress reports and one final report are available for TEOs to complete and submit by the due dates on DXP Ngā Kete.
    The reports relate to the specific delivery commitments outlined in your Investment Plan. The reports cover the funded calendar year; they are cumulative and build on the information supplied in the previous reporting period for the funding year. After you have submitted a progress report, we will release it back to you for further data entry (ie, the cumulative information).
    Monitoring
    We monitor TEO performance and practices to understand their performance in the sector, and to inform our decisions about future funding they may receive.
    We monitor a TEO’s:

    achievement of mix of provision (MoP) delivery commitments
    compliance with Refugee English funding conditions for the relevant year
    compliance with legislative requirements, and
    achievement of other expectations that we communicate to TEOs.

    MIL OSI New Zealand News

  • MIL-OSI Security: Federal grand jury indicts Cheektowaga man on multiple sex trafficking charges

    Source: United States Department of Justice (Human Trafficking)

    BUFFALO, N.Y. – U.S. Attorney Michael DiGiacomo announced today that a federal grand jury has returned a nine-count indictment charging Darryl Lamont Paul, a/k/a Darryl Lamont, 59, of Cheektowaga, NY, with sex trafficking by force, fraud, and coercion, conspiracy to commit sex trafficking by force, fraud and coercion, transportation across state lines of an individual with intent that such individual engage in prostitution, and using and maintaining a drug-involved premises. The charges carry a mandatory minimum penalty of 15 years in prison and a maximum of life.

    Assistant U.S. Attorney Caitlin M. Higgins, who is handling the case, stated that according to the indictment and a previously filed complaint, for the last 25 years, Lamont has owned NoLimit Entertainment (NLE), a company that provides entertainment, including nude dancers and topless bartenders, for parties such as stags and birthdays. Lamont is accused of conspiring with others to recruit young vulnerable women from area strip clubs, to work for NLE, and he would also refer young women to these strip clubs for additional employment.

    During that time, Lamont is accused of using force, fraud, and coercion to sex traffic a total of six victims. He is also accused of transporting one of the victims across state lines to engage in prostitution. In addition, from 2021 to March 13, 2025, Lamont maintained a Beach Road apartment in Cheektowaga, for the purpose of manufacturing, distributing, and using cocaine.

    Lamont was arraigned this morning before U.S. Magistrate Judge Jeremiah J. McCarthy and was detained.

    The indictment is a result of an investigation by the Federal Bureau of Investigation, under the direction of Acting Special Agent-in-Charge Mark Grimm.

    The fact that a defendant has been charged with a crime is merely an accusation and the defendant is presumed innocent until and unless proven guilty.

    # # # #

    MIL Security OSI

  • MIL-OSI: Intermap Technologies Announces Voting Results of the Annual General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 26, 2025 (GLOBE NEWSWIRE) — (TSX: IMP; OTCQB: ITMSF) – Intermap Technologies Corporation (“Intermap” or the “Company”) held its annual general meeting of shareholders (the “Meeting”) on June 26, 2025, at the offices of Norton Rose Fulbright Canada LLP, located at 3700, 400 Third Avenue S.W., Calgary, Alberta. A total of 27,270,817 Class A common shares of Intermap (“Common Shares”), representing 45.93% of the total Common Shares outstanding, were represented in person or by proxy at the Meeting.

    Intermap’s shareholders voted in favor of all items of business put forward at the Meeting, being (i) the election of all nominated directors, as more fully described in the Company’s management information circular dated May 28, 2025 (the “Circular”), and (ii) the appointment of MNP LLP as auditors of the Company, as more fully described in the Circular and in the press release issued by the Company on June 20, 2025, copies of which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

    The results of the vote in respect of the election of directors of the Company to hold office until the next annual general meeting of shareholders, until their successors are duly elected or appointed, or until they otherwise cease to hold office, are as follows:

    Nominee   Result of Vote   Votes For   Votes Withheld
    Patrick A. Blott   Elected   18,579,224
    (96.38%)
      698,190
    (3.62%)
    Philippe Frappier   Elected   18,696,326
    (96.99%)
      581,088
    (3.01%)
    John (Jack) Hild   Elected   18,694,826
    (96.98%)
      582,588
    (3.02%)
    Jordan Tongalson   Elected   18,696,326
    (96.99%)
      581,088
    (3.01%)

    The results of the vote in respect of the appointment of MNP LLP, Chartered Professional Accountants, as auditors of the Company to hold office until the next annual general meeting of shareholders, with remuneration to be determined by the board of directors of the Company, are as follows:

    Votes For 26,566,313
    (97.42%)
    Votes Withheld 704,504
    (2.58%)

    About Intermap Technologies
    Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap’s 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world’s largest collection of multi-sensor global elevation data, the Company’s collection and processing capabilities provide multi-source 3D datasets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap’s products and solutions include defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation. 

    For more information, please visit www.intermap.com or contact:
    Jennifer Bakken
    Executive Vice President and CFO
    CFO@intermap.com
    +1 (303) 708-0955

    Sean Peasgood
    Investor Relations
    Sean@SophicCapital.com
    +1 (647) 260-9266

    The MIL Network

  • MIL-OSI: Intermap Technologies Announces Voting Results of the Annual General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 26, 2025 (GLOBE NEWSWIRE) — (TSX: IMP; OTCQB: ITMSF) – Intermap Technologies Corporation (“Intermap” or the “Company”) held its annual general meeting of shareholders (the “Meeting”) on June 26, 2025, at the offices of Norton Rose Fulbright Canada LLP, located at 3700, 400 Third Avenue S.W., Calgary, Alberta. A total of 27,270,817 Class A common shares of Intermap (“Common Shares”), representing 45.93% of the total Common Shares outstanding, were represented in person or by proxy at the Meeting.

    Intermap’s shareholders voted in favor of all items of business put forward at the Meeting, being (i) the election of all nominated directors, as more fully described in the Company’s management information circular dated May 28, 2025 (the “Circular”), and (ii) the appointment of MNP LLP as auditors of the Company, as more fully described in the Circular and in the press release issued by the Company on June 20, 2025, copies of which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

    The results of the vote in respect of the election of directors of the Company to hold office until the next annual general meeting of shareholders, until their successors are duly elected or appointed, or until they otherwise cease to hold office, are as follows:

    Nominee   Result of Vote   Votes For   Votes Withheld
    Patrick A. Blott   Elected   18,579,224
    (96.38%)
      698,190
    (3.62%)
    Philippe Frappier   Elected   18,696,326
    (96.99%)
      581,088
    (3.01%)
    John (Jack) Hild   Elected   18,694,826
    (96.98%)
      582,588
    (3.02%)
    Jordan Tongalson   Elected   18,696,326
    (96.99%)
      581,088
    (3.01%)

    The results of the vote in respect of the appointment of MNP LLP, Chartered Professional Accountants, as auditors of the Company to hold office until the next annual general meeting of shareholders, with remuneration to be determined by the board of directors of the Company, are as follows:

    Votes For 26,566,313
    (97.42%)
    Votes Withheld 704,504
    (2.58%)

    About Intermap Technologies
    Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap’s 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world’s largest collection of multi-sensor global elevation data, the Company’s collection and processing capabilities provide multi-source 3D datasets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap’s products and solutions include defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation. 

    For more information, please visit www.intermap.com or contact:
    Jennifer Bakken
    Executive Vice President and CFO
    CFO@intermap.com
    +1 (303) 708-0955

    Sean Peasgood
    Investor Relations
    Sean@SophicCapital.com
    +1 (647) 260-9266

    The MIL Network

  • MIL-OSI: GraniteShares Announces Forward Split of PTIR

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) — GraniteShares has announced it will execute a forward share split for the GraniteShares 2x Long PLTR (the “Fund”). The total market value of the shares outstanding will not be affected as a result of these splits.

    After the close of the markets on July 08, 2025 (the “Payable Date”), the Fund will effect a forward split of its issued and outstanding shares as follows:

    As a result of the share split, shareholders of the Fund will receive fifteen shares for each share held as indicated in the table above. Accordingly, the number of the Fund’s issued and outstanding shares will increase by the approximate percentage indicated above.

    The ticker and CUSIP will not be affected by the transaction.

    The share split will apply to shareholders of record as of the close of the NASDAQ Stock Market (the “NASDAQ”) on July 08, 2025 (the “Record Date”), payable after the close of the NASDAQ on the Payable Date. Shares of the Funds will begin trading on the NASDAQ on a split-adjusted basis on July 09, 2025 (the “Ex-Date”). On the Ex-Date, the opening market value of the Fund’s issued and outstanding shares, and thus a shareholder’s investment value, will not be affected by the share split. However, the per share net asset value (“NAV”) and opening market price on the Ex-Date will be approximately one-fifteenth. The table below illustrates the effect of a hypothetical fifteen-for-one split on a shareholder’s investment.

    15-for-1 forward split

    Period # of shares owned Hypothetical NAV Total Market Value
    Pre-Split 10 US$ 300 US$ 3,000
    Post-Split 150 US$ 20 US$ 3,000


    About GraniteShares

    GraniteShares is an independent ETF issuer headquartered in New York City. GraniteShares offers the following leveraged single stock ETFs:

    ETF Name Ticker Underlying Stock Management Fee/Total Expense with fee waiver(1) /Total Expense without fee waiver(3)
    GraniteShares 2x Long AAPL Daily ETF AAPB Apple 0.99%/1.15%/1.65%
    GraniteShares 2x Long AMD Daily ETF AMDL AMD 0.99%/1.15%/6.04%
    GraniteShares 2x Long AMZN Daily ETF AMZZ Amazon.com 0.99%/1.15%/2.28%
    GraniteShares 2x Long BABA Daily ETF BABX Alibaba 0.99%/1.15%/1.52%
    GraniteShares 2x Long COIN Daily ETF CONL Coinbase 0.99%/1.15%/1.12%
    GraniteShares 2x Short COIN Daily ETF CONI Coinbase 0.99%/1.15%/1.12%
    GraniteShares 2x Long CRWD Daily ETF CRWL CrowdStrike 1.30%/1.50%/2.30%
    GraniteShares 2x Long DELL Daily ETF DLLL Dell Technologies 1.30%/1.50%/2.30%
    GraniteShares 2x Long INTC Daily ETF INTW Intel 1.30%/1.50%/2.30%
    GraniteShares 2x Long IONQ Daily ETF IONL IONQ 1.30%/1.50%/1.50%
    GraniteShares 2x Long LCID Daily ETF LCDL Lucid 0.99%/1.15%/1.43%
    GraniteShares 2x Long MARA Daily ETF MRAL MARA Holding 1.30%/1.50%/1.50%
    GraniteShares 2x Long META Daily ETF FBL Meta Platform 0.99%/1.15%/1.22%
    GraniteShares 2x Long MRVL Daily ETF MVLL Marvell Technology 1.30%/1.50%/1.50%
    GraniteShares 2x Long MSFT Daily ETF MSFL Microsoft 0.99%/1.15%/3.55%
    GraniteShares 2x Long MSTR Daily ETF MSTP MicroStrategy 1.30%/1.50%/1.50%
    GraniteShares 2x Short MSTR Daily ETF MSDD MicroStrategy 1.30%/1.50%/1.50%
    GraniteShares 2x Long MU Daily ETF MULL Micron Technology 1.30%/1.50%/1.50%
    GraniteShares 2x Long NVDA Daily ETF NVDL NVIDIA 0.99%/1.15%/1.06%
    GraniteShares 2x Short NVDA Daily ETF NVD NVIDIA 0.99%/1.15%/1.73
    GraniteShares 2x Long PLTR Daily ETF PTIR Palantir 0.99%/1.15%/1.18%
    GraniteShares 2x Long QCOM Daily ETF QCML Qualcomm 1.30%/1.50%/1.50%
    GraniteShares 2x Long RDDT Daily ETF RDTL Reddit 1.30%/1.50%/1.50%
    GraniteShares 2x Long RIVN Daily ETF RVNL Rivian 0.99%/1.15%/1.50%
    GraniteShares 2x Long SMCI Daily ETF SMCL Super Micro Computer 1.30%/1.50%/2.30%
    GraniteShares 1.25x Long TSLA Daily ETF TSL Tesla 0.99%/1.15%/1.98%
    GraniteShares 2x Long TSLA Daily ETF TSLR Tesla 0.99%/1.15%/1.63%
    GraniteShares 2x Short TSLA Daily ETF TSDD Tesla 0.99%/1.15%/2.59%
    GraniteShares 2x Long TSM Daily ETF TSML Taiwan Semiconductor Manufacturing 1.30%/1.50%/2.30%
    GraniteShares 2x Long Uber Daily ETF UBRL Uber 0.99%/1.15%/1.18%
    GraniteShares 2x Long VRT Daily ETF VRTL Vertiv 1.30%/1.50%/1.50%

    In addition, GraniteShares’ ETF suite includes the following ETFs:

    (1)   GraniteShares Advisors LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.15%. This agreement is effective until December 31, 2025, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment.

    (2)   Estimated total cost in the absence of fee waiver or reimbursement.

    Contact Information:
    William Rhind, CEO
    GraniteShares Inc
    +1 646 876 5049
    william.rhind@graniteshares.com

    Important Information

    Investors should consider the investment objectives, risks, charges and expenses of the GraniteShares funds (the “Funds”) carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call (844) 476 8747, or visit the website at www.graniteshares.com. Read the prospectus or summary prospectus carefully before investing.

    To obtain a prospectus for BAR, please visit
    https://www.graniteshares.com/Documents/25/Prospectus-GraniteShares-Gold-Trust.pdf

    To obtain a prospectus for PLTM, please visit
    https://graniteshares.com/media/gwrbh3ah/pltm_prospectus.pdf

    To obtain a prospectus for COMB, please visit
    https://graniteshares.com/media/4crf2x4e/graniteshares-etf-trust-comb-summary-prospectus.pdf

    Except as described above regarding the liquidation of the ETFs, shares of the Funds may be sold during trading hours on the exchange through any brokerage account, shares are not individually redeemable, and shares may only be redeemed directly from a Fund by Authorized Participants. There can be no assurance that an active trading market for shares in a Fund will develop or be maintained. Shares may trade above or below NAV. Brokerage commissions will apply.

    Fund Risks

    Multiple funds have a limited operating history of less than a year and risks associated with a new fund. The Leveraged and Daily Inverse Funds are not suitable for all investors. The investment program of the funds is speculative, entails substantial risks and include asset classes and investment techniques not employed by most ETFs and mutual funds. Investments in the ETFs are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) or daily inverse (-1X and -2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Stock’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day. The funds do not directly invest in the underlying stock.

    The Funds seek daily inverse or leveraged investment results and are intended to be used as short-term trading vehicles. Each Fund with “Long” in its name attempts to provide daily investment results that correspond to the respective long leveraged multiple of the performance of an underlying stock (each a Leveraged Long Fund). Each Fund with “Short” in its name attempts to provide daily investment results that correspond to the inverse (or opposite) multiple of the performance of an underlying stock (each an Inverse Fund).

    Investors should note that the Long Leveraged Funds and the Daily Inverse Funds pursue daily leveraged investment objectives and daily inverse investment objectives (respectively), which means that the fund is riskier than alternatives that do not use leverage and inverse strategies because the fund magnifies the performance of their underlying security. The volatility of the underlying security may affect a Funds’ return as much as, or more than, the return of the underlying security.

    For the Leveraged Long Funds because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock’s performance increases over a period longer than a single day.

    For the Daily Inverse Funds because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from -100% and 200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock’s performance decreases over a period longer than a single day.

    Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.

    An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include Effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.

    Investing in physical commodities, including through commodity-linked derivative instruments such as Commodity Futures, Commodity Swaps, as well as other commodity-linked instruments, is speculative and can be extremely volatile and may not be suitable for all investors. Market prices of commodities may fluctuate rapidly based on numerous factors, including: changes in supply and demand relationships (whether actual, perceived, anticipated, unanticipated or unrealized); weather; agriculture; trade; domestic and foreign political and economic events and policies; diseases; pestilence; technological developments; currency exchange rate fluctuations; and monetary and other governmental policies, action and inaction.

    A liquid secondary market may not exist for the types of commodity-linked derivative instruments the Fund buys, which may make it difficult for the Fund to sell them at an acceptable price. The Fund is new with no operating history. As a result, there can be no assurance that the Fund will grow to or maintain an economically viable size, in which case it could ultimately liquidate.

    Derivatives may be more sensitive to changes in market conditions and may amplify risks and losses.

    This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.

    The Fund is distributed by ALPS Distributors, Inc, which is not affiliated with GraniteShares or any of its affiliates ©2025 GraniteShares Inc. All rights reserved. GraniteShares, GraniteShares Trusts, and the GraniteShares logo are registered and unregistered trademarks of GraniteShares Inc., in the United States and elsewhere. All other marks are the property of their respective owners.

    Gregory FCA for GraniteShares
    Kathleen Elicker, 484-889-6597
    graniteshares@gregoryfca.com

    Important Information

    Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call (844) 476 8747 or visit www.graniteshares.com. Read the prospectus or summary prospectus carefully before investing.

    The investment program of the funds is speculative, entails substantial risks and include asset classes and investment techniques not employed by more traditional mutual funds.

    PRINCIPAL FUND RISKS (see the Prospectus for more information)

    GraniteShares Leveraged Long and Inverse Daily ETFs are not suitable for all investors. The funds seek daily leveraged investment results and are intended to be used as short-term trading vehicles. The funds pursue daily leveraged investment objectives, which means that the funds are riskier than alternatives that do not use leverage because the fund magnifies the performance of the underlying security. The volatility of the underlying security may affect the fund return as much as, or more than, the return of the underlying security. Investors who do not understand the Funds, or do not intend to actively manage their funds and monitor their investments, should not buy the Funds. The Funds are designed to be utilized only by traders and sophisticated investors who understand the potential consequences of seeking daily inverse and/or leveraged investment results, understand the risks associated with the use of leverage and/or short sales and are willing to monitor their portfolios frequently. For periods longer than a single day, the Funds will lose money if the underlying stock’s performance is flat, and it is possible that the Funds will lose money even if the underlying stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day. The Funds track the price of a single stock rather than an index, eliminating the benefits of diversification that most mutual funds and exchange-traded funds offer. Although the Funds will be listed and traded on an exchange, an investment in a Fund may not be suitable for every investor. The Funds pose risks that are unique and complex.

    This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

    THE FUNDS ARE DISTRIBUTED BY ALPS DISTRIBIUTORS, INC. GRANITESHRES IS NOT AFFILIATED WITH ALPS DISTRIBUTORS, INC

    The MIL Network

  • MIL-OSI New Zealand: Roadmap to strengthen emergency management system

    Source: New Zealand Government

    The Government has agreed in principle to an investment and implementation roadmap to strengthen New Zealand’s emergency management system so it can manage major to severe emergencies, Emergency Management and Recovery Minister Mark Mitchell announced today.

    “This roadmap is part of our response to the Government Inquiry into the North Island Severe Weather Events and complements the work underway to develop a new Emergency Management Bill,” says Mr Mitchell. 

    “New Zealand is facing more frequent and severe weather events, and we need to ensure our emergency management system is fit for purpose to manage significant, widespread emergencies like Cyclone Gabrielle.

    “The roadmap sets out the initiatives needed in the next five years to deliver the change we need.”

    Key initiatives include:

    • Regional support teams based around New Zealand to provide surge support during and following emergencies and boost regional workforce capability.
    • A refreshed and increased Resilience Fund to empower more communities to prepare for and respond to emergencies.
    • Agreements and partnerships with businesses, iwi/Māori and community organisations to enhance local readiness.
    • Professional pathways to expand the emergency management workforce and build capability.
    • Proactive procurement and placement of critical equipment and supplies.
    • A Common Operating Picture to support shared situational awareness and decision-making.

    “Investments in modern technology and trained personnel, along with clear governance structures and assurance, will ensure faster, more effective emergency response and recovery, better coordination across agencies, and more resilient communities. 

    “These investments will address critical gaps, improving our ability to prepare for, respond to, and recover from a range of emergencies.”

    The National Emergency Management Agency will prioritise activity that can be delivered from its current baselines and go back to Government for proposed initiatives that will require new funding from future budgets.

    View the roadmap at: https://www.civildefence.govt.nz/emergency-management-system-improvement-programme 

    MIL OSI New Zealand News

  • MIL-OSI Security: Dominican National Arrested for His Role in a Drug Trafficking Conspiracy

    Source: US FBI

    CONCORD – A Dominican Republic national was arrested yesterday, in connection with an enforcement action last week, for his role in a drug trafficking organization operating out of Massachusetts and distributing illegal narcotics in Manchester, Acting U.S. Attorney Jay McCormack announces.

    Cesar Joel Perez Mejia, age 30, a Dominican Republic national unlawfully residing in Hyde Park, Massachusetts, was arrested on one count of possession with intent to distribute controlled substances. He will appear in federal court today at 4:30pm.

    According to the charging documents and statements made in court, on June 23, 2025, the defendant facilitated a drug sale with an undercover officer. When the defendant arrived at the agreed upon location, law enforcement searched the defendant’s vehicle and found small individually wrapped bags containing approximately 57 grams of suspected fentanyl and 43 grams of suspected crack cocaine.

    Possession with intent to distribute carries a maximum prison term of 20 years, a maximum fine of $1,000,000, and a term of supervised release of at least three years and up to life.

    The Federal Bureau of Investigation’s Major Offender Task Force and the Manchester Police Department led the investigation.  DEA New England, HSI New England, and the Boston, Attleboro, Methuen, Lynn, and Providence Police Departments provided valuable assistance. Assistant U.S. Attorneys Michael Shannon and Heather Cherniske are prosecuting the case.

    This effort is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    The details contained in the charging documents are allegations. The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

     

    ###

    MIL Security OSI

  • MIL-OSI: DRML Miner Launches Cloud-Based XRP Mining Contracts to Empower Global Crypto Users

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 26, 2025 (GLOBE NEWSWIRE) —

    DRML Miner, the revolutionary digital mining ecosystem has announced the commencing of its XRP cloud mining service which is being offered through DRML Miner. This milestone illustrates a broader trend toward increasing XRP accessibility (in response to growing demand from traders and other users). With those barriers out of the way — no costly miners, no complex setups, and no sky-high power bills — DRML Miner is enabling users around the world to mine XRP far more efficiently and safely.

    A Timely Initiative Amid XRP’s Market Volatility

    As the consistent use case of XRP in blockchain-financial services continues to grow, its value has fluctuated through ups and downs. Investors, more so than ever before, are actively seeking reliable and consistent alternatives to buying XRP without the risk associated with trading volatility.

    DRML Miner answers this call by offering cloud mining contracts that provide consistent earnings over time. Users can generate XRP from anywhere in the world without needing specialized knowledge or physical equipment. The cloud model opens up XRP participation to beginners, long-term holders, and even institutions looking to diversify their crypto strategies.

    How DRML Miner Makes XRP Mining Accessible

    In a nutshell, this is why DRML Miner appeals to people. The process for acquiring XRP through DRML Miner is so simple. After registering, a users selects a mining contract from the available offers and begins earning XRP immediately. Everything is so simple and natural too — for example, even first-time crypto users are already accustomed to interacting with a web-based dashboard that guides their experience without requiring special knowledge.

    Key Features of the DRML Miner Platform:

    Immediate Activation: Start mining within minutes of selecting a contract.

    Real-Time Dashboard; Easy access to track crypto earnings, mining performance and contracts.

    No Maintenance; Everything is run with efficiency in the cloud, so no hardware is managed by the user.

    Global Access; Open to anyone in a region free from restrictions, almost anyone across continents.

    24/7 Operations: Cloud servers operate continuously for consistent performance.

    This no-fuss approach helps make crypto mining more inclusive, particularly for users in areas where mining equipment is scarce or prohibitively expensive.

    Sustainable and Scalable Mining Infrastructure

    DRML Miner’s back-end system is a modern cloud architecture that is hosted in secure, energy-efficient data centers. The modern cloud architecture supports scaling operations while remaining perpetual in uptime, efficiency, and sustainability.

    The company is also committed to eco-conscious mining by using energy sources created to minimize environmental impact—one of the ongoing considerations around the carbon footprint of crypto operations. This blend of technology and responsibility puts DRML Miner ahead of many mining services still reliant on outdated, energy-intensive systems.

    The Rise of Alternative Crypto Strategies

    Many crypto investors today are shifting away from active trading and speculation toward passive income strategies. Cloud mining is one such method that offers predictable rewards without market timing or emotional decision-making.

    With DRML Miner’s XRP contracts, users can grow their portfolios gradually and securely. They don’t need to monitor price charts, execute trades, or understand blockchain coding. The system runs automatically, and XRP is credited consistently based on the mining contract.

    This makes DRML Miner a compelling option for those who want to gain exposure to XRP with minimal involvement or risk.

    Global Reception and Early Adoption

    Since its public launch, DRML Miner has reported a steady increase in registrations and mining contract activations. Crypto users from North America, Asia, Europe, and Africa have shown keen interest, especially due to the platform’s ease of use and transparent structure.

    While most cloud mining platforms continue to focus on Bitcoin or Ethereum, DRML Miner’s focus on XRP is a bold but strategic move. XRP’s speed, low transaction costs, and practical applications in global finance make it an ideal candidate for accessible cloud mining.

    Looking Ahead: Continuous Development at DRML Miner

    The team behind DRML Miner has shared that additional features are in development. These include enhancements to the user dashboard, flexible contract upgrades, and support for mining additional cryptocurrencies in future platform updates.

    This ongoing innovation shows that DRML Miner is not only launching a timely solution, but also planning for long-term relevance in the rapidly changing digital asset landscape.

    About DRML Miner

    DRML Miner is a cryptocurrency cloud mining company committed to providing secure, user-friendly, and globally accessible digital asset mining services. The platform focuses on simplifying mining for everyone—regardless of experience level or location. With the launch of its XRP mining contracts, DRML Miner is helping users participate in blockchain-based income generation without traditional limitations.

    For more information, visit: https://drmlminers.com

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

    Attachment

    The MIL Network

  • MIL-OSI: Global Healthcare Technology Leader Selects Kneat

    Source: GlobeNewswire (MIL-OSI)

    LIMERICK, Ireland, June 26, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTCQC: KSIOF), a leader in digitizing and automating validation and quality processes, is pleased to announce that a leading healthcare technology and diagnostics company (“the Company”) has signed a multi-year Master Services Agreement with Kneat.

    The Company, which is headquartered in the United States, employs over 50,000 people and manufactures in more than a dozen countries worldwide. This manufacturer of medical technology, including medical devices and pharmaceutical diagnostics, will use the Kneat Gx platform initially to digitize its Commissioning, Qualification and Validation workflows for facilities, equipment and computer systems at several lead manufacturing sites.

    “After an extensive evaluation process this global leader selected Kneat to drive efficiency, quality and compliance through greater digitalization of their Validation processes,” said Eddie Ryan, Kneat CEO. “I’m happy that Kneat will be supporting both new builds and ongoing operations where we are proven to deliver significant business value.”

    The steady pace of Kneat’s strategic customer wins indicates that digital validation is progressively becoming the norm for life sciences companies. The State of Validation 2025 study also supports this trend. The total percentage of organizations surveyed that are either using or planning to use digital validation is now 93 percent, versus 86 percent in the 2024 study. The shift is unsurprising. Done right, digital validation delivers speed to market; trustworthy, scalable compliance; and a foundation to leverage integrated automation and AI-driven innovations in the future.

    About Kneat

    Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard.

    Cautionary and Forward-Looking Statements

    Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization, and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.

    Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.

    For more information visit www.kneat.com.

    Contact:

    Katie Keita, Kneat Investor Relations
    P: + 1 902-450-2660
    E: investors@kneat.com 

    The MIL Network

  • MIL-OSI: Stack Capital Group Inc. Announces Results of Its 2025 Annual General Meeting & Election of Directors

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Stack Capital Group Inc., (“Stack Capital”) (TSX:STCK & TSX:STCK.WT.A) is pleased to announce that at its annual meeting of shareholders, held virtually today, the four director nominees listed in Stack Capital’s management proxy circular dated May 13, 2025 (the “Circular”) were elected as directors of Stack Capital. Directors have been elected to serve until the close of the next annual meeting of shareholders.

    The detailed results of the vote are as follows:

    Nominee Votes For % Votes For Votes Against % Votes Against
    John K. Bell 4,564,900 99.71% 13,102 0.29%
    Jeffrey Parks 4,577,602 99.99% 400 0.01%
    Laurie Goldberg 3,518,191 76.85% 1,059,811 23.15%
    Gerri Sinclair 3,518,091 76.85% 1,059,911 23.15%
             

    * The number of votes disclosed reflects shareholders voting at the meeting and proxies received by management in advance of the meeting.

    At today’s meeting, Stack Capital shareholders also approved i) the appointment of MNP LLP, Chartered Accountants and Licensed Public Accountants, as the auditor of Stack Capital for the ensuing year, and ii) the Omnibus Long-Term Incentive Plan.

    About Stack Capital

    Stack Capital is an investment holding company and its business objective is to invest in equity, debt and/or other securities of growth-to-late-stage private businesses. Through Stack Capital, shareholders have the opportunity to gain exposure to a diversified private investment portfolio; participate in the private market; and have liquidity due to the listing of the Common Shares & Warrants on the TSX. At the same time, the public structure also allows the Company to focus its efforts on maximizing long-term performance through a portfolio of high growth businesses, which are not widely available to most Canadian investors.

    For more information, please visit our website at www.stackcapitalgroup.com or contact:

    Brian Viveiros
    VP, Corporate Development and Investor Relations
    647.280.3307
    brian@stackcapitalgroup.com

    The MIL Network

  • MIL-OSI: Stack Capital Group Inc. Announces Results of Its 2025 Annual General Meeting & Election of Directors

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Stack Capital Group Inc., (“Stack Capital”) (TSX:STCK & TSX:STCK.WT.A) is pleased to announce that at its annual meeting of shareholders, held virtually today, the four director nominees listed in Stack Capital’s management proxy circular dated May 13, 2025 (the “Circular”) were elected as directors of Stack Capital. Directors have been elected to serve until the close of the next annual meeting of shareholders.

    The detailed results of the vote are as follows:

    Nominee Votes For % Votes For Votes Against % Votes Against
    John K. Bell 4,564,900 99.71% 13,102 0.29%
    Jeffrey Parks 4,577,602 99.99% 400 0.01%
    Laurie Goldberg 3,518,191 76.85% 1,059,811 23.15%
    Gerri Sinclair 3,518,091 76.85% 1,059,911 23.15%
             

    * The number of votes disclosed reflects shareholders voting at the meeting and proxies received by management in advance of the meeting.

    At today’s meeting, Stack Capital shareholders also approved i) the appointment of MNP LLP, Chartered Accountants and Licensed Public Accountants, as the auditor of Stack Capital for the ensuing year, and ii) the Omnibus Long-Term Incentive Plan.

    About Stack Capital

    Stack Capital is an investment holding company and its business objective is to invest in equity, debt and/or other securities of growth-to-late-stage private businesses. Through Stack Capital, shareholders have the opportunity to gain exposure to a diversified private investment portfolio; participate in the private market; and have liquidity due to the listing of the Common Shares & Warrants on the TSX. At the same time, the public structure also allows the Company to focus its efforts on maximizing long-term performance through a portfolio of high growth businesses, which are not widely available to most Canadian investors.

    For more information, please visit our website at www.stackcapitalgroup.com or contact:

    Brian Viveiros
    VP, Corporate Development and Investor Relations
    647.280.3307
    brian@stackcapitalgroup.com

    The MIL Network

  • MIL-OSI: LET Mining launches smart cloud mining to easily earn passive income

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 26, 2025 (GLOBE NEWSWIRE) — With the rapid development of digital assets, more and more people are looking for ways to participate in the cryptocurrency market without frequent operations, lower risks and more stable returns. To meet this demand, LET Mining officially launched a new generation of smart cloud mining services, allowing users to start a stable and efficient passive income path with just one click.

    What is smart cloud mining?
    Smart cloud mining is a computing power leasing method based on cloud technology and artificial intelligence. Users do not need to buy mining machines, do not need technical experience, and do not need to bear equipment operation and maintenance and high electricity costs. They only need to choose a computing power package, and the system will automatically deploy it to global data centers for mining operations.

    LET Mining‘s “Smart Cloud Mining” system further optimizes the efficiency and experience of traditional cloud mining-introducing AI computing power scheduling, green energy mining and revenue prediction models to make the revenue more stable and controllable, and truly realize “easy participation and automatic revenue”.

    How to start LET Mining?
    1. Log in and quickly register an account to get a free $12 reward
    2. Use $12 to buy a cloud mining contract, or buy a cloud mining contract that suits your investment strategy

    contract Investment Amount Contract duration Total income
    Experience Contract $100 2 days $100 + $8
    BTC Classic Hash Power $500 5 days $500 + $30
    BTC Classic Hash Power $1,400 12 days $1,400 + $216.72
    DOGE Classic Hash Power $3,000 22 days $3,000 + $904.2
    BTC Advanced Hash Power $8,000 37 days $8,000 + $4736

    (Click to view more high-yield cloud mining contracts)
    Get income every day, and you can continue to buy contracts or withdraw funds

    What are the advantages of LET Mining?
    ✅ One-click start, no equipment required
    Users do not need to download software or configure hardware, just select the computing power package on the platform to start the mining process with one click.

    ✅ Support multiple currencies
    The platform supports a variety of mainstream crypto assets, including:
    Bitcoin (BTC): the representative of digital gold;
    Ripple (XRP): extremely fast settlement speed, suitable for quick remote mining;
    Dogecoin (DOGE): active community, large fluctuations but great potential.

    ✅ Stable passive income arrives daily
    The system settles mining income daily and automatically distributes it to the user account, so that daily passive income can be achieved without any operation.

    ✅ AI intelligent computing power scheduling
    Through the background algorithm system, the platform will automatically switch to the optimal mining mode according to the real-time difficulty, computing power market supply and demand and currency market dynamics to improve the overall profit performance.

    ✅ Green and environmentally friendly, low-carbon mines 
    LET Mining is committed to sustainable development. Its mines are located in areas rich in green energy such as Iceland, Canada, and Northern Europe. It fully adopts clean energy such as hydropower and wind power, taking into account both income and environmental protection.

    Passive income is no longer out of reach
    Whether you are a cryptocurrency novice or a long-term holder who hopes to increase the value of your assets, LET Mining provides you with a convenient, safe, and low-threshold mining solution. Especially for those who don’t have time to watch the market, are not good at trading, but want to participate in the blockchain economy, smart cloud mining is undoubtedly an ideal way to passive income.

    Conclusion
    With the launch of LET Mining smart cloud mining, “let your assets work for you” is no longer just a slogan, but a real and feasible path. No matter where you are, you can join the global digital mining network and achieve stable daily income in just a few steps. Sign up for LET Mining now and start a new chapter in your crypto passive income.
    (Click to download the APP)

    For media inquiries, please contact:
    LETMining
    info@letmining.com
    21 Mansell Street, London, U.K.
    https://letmining.com/

    Attachment

    The MIL Network

  • MIL-OSI: Westport to Issue Q2 2025 Financial Results on August 11, 2025 and Provides an Update on the Divestment of the Light-Duty Segment

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, June 26, 2025 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that the Company will release Q2 2025 financial results on Monday, August 11, 2025, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Tuesday, August 12, 2025.

    Time: 10:00 a.m. ET (7:00 a.m. PT)
    Call Link: https://register-conf.media-server.com/register/BI842f3b76bd5b44c7aee3e609a6cc77b3
    Webcast: https://investors.westport.com

    Participants may register up to 60 minutes before the event by clicking on the call link and completing the online registration form. Upon registration, the user will receive dial-in info and a unique PIN, along with an email confirming the details.

    The webcast will be archived on Westport’s website and a replay will be available at https://investors.westport.com

    Light-Duty Divestment Transaction Update

    Westport today reaffirms its commitment to the pending sale of its Light-Duty Segment to a wholly-owned investment vehicle of Heliaca Investments Coöperatief U.A. (“Heliaca Investments”), a Netherlands based investment firm supported by Ramphastos Investments Management B.V. a prominent Dutch venture capital and private equity firm (the “Transaction”), first announced in March 2025. The closing of the Transaction is now expected to occur in July 2025, slightly later than originally anticipated. The revised timeline reflects an updated regulatory review process. The Company continues to work closely with all parties as the remaining conditions to close are finalized.

    About Westport Fuel Systems

    At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global transportation industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South America, we serve our customers in approximately 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.westport.com.

    Investor Inquiries:
    Investor Relations
    T: +1 604-718-2046
    E: invest@westport.com

    The MIL Network

  • MIL-OSI: AGF Announces Results of Special Meetings of Securityholders and Implementation of Certain Fund Changes Approved by Securityholders

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Following special meetings of securityholders held on June 26, 2025, AGF Investments Inc. (AGF Investments) today announced that securityholders approved the proposed changes to the investment objectives of AGF Short-Term Income Class and AGF Global Sustainable Growth Equity Fund (each a “Fund”, and collectively, the “Funds”), as follows:

    Fund Current Investment Objective Proposed Investment Objective
    AGF Short-Term Income Class The Fund’s objective is to provide maximum income while preserving capital and liquidity. It invests primarily in short-term instruments, government guaranteed securities and corporate paper with a minimum A credit rating. The Fund’s objective is to provide maximum income, while preserving capital and liquidity. It invests primarily in Canadian money market instruments, such as Canadian treasury bills.
    AGF Global Sustainable Growth Equity Fund The Fund’s investment objective is to provide long-term capital appreciation by investing primarily in a diversified portfolio of equity securities, globally, which fit the Fund’s concept of sustainable development. The Fund’s investment objective is to provide long-term capital appreciation by investing in companies that are delivering a positive sustainability impact by providing solutions to the key challenges in sustainable development.
         

    The new investment objectives will be implemented by AGF Investments by an amendment to the simplified prospectus of the Funds, on or about July 15, 2025. In connection with the investment objective changes, the following changes will also be made to the Funds on or about July 15:

    • Strategy Changes: The investment strategies of the Funds will be amended to align with the new investment objectives of the Funds, as further detailed in the management information circular referenced below.
    • Name Change: AGF Short-Term Income Class will change its name to AGF Canadian Money Market Class.

    At the meetings, securityholders also approved changes to the capital structure of AGF All World Tax Advantage Group Limited, as per disclosure included in the management information circular.

    Additional information regarding the changes in investment objective, and other associated changes, is provided in the Funds’ management information circular, which is available on www.AGF.com and www.sedarplus.ca.

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances the fund will be able to obtain its net asset value at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

    About AGF Management Limited

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

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

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

    About AGF Investments

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

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

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

    Media Contact

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

    The MIL Network

  • MIL-OSI Economics: Spotlight on NDC 3.0: Scaling Ambition and Action in Africa at SB62 Side Event

    Source: African Development Bank Group

    As countries gathered in Bonn for the 62nd session of the UNFCCC Subsidiary Bodies (SB62), a high-level side event titled “Making the Investment Case for African NDCs”, co-organized by the African Development Bank and the European Bank for Reconstruction and Development (EBRD), brought much-needed focus to the importance of making African Nationally Determined Contributions (NDCs) more holistic, implementable, and investment-ready.

    The event provided a timely platform to elevate African perspectives and showcase ongoing efforts to align climate ambition with long-term development priorities and financial viability as countries prepare their next generation of NDCs (NDC 3.0).

    Opening the discussion, Margaret Athieno Mwebesa, Commissioner of Uganda’s Climate Change Department, welcomed the Bank’s ongoing technical support in conducting the stock take for Uganda’s current Nationally Determined Contribution (NDC) as part of the NDC 3.0 process. She emphasized the critical link between financing and implementation, noting:

    “Without investments, our NDCs are as good as useless. With less than 10% of Uganda’s NDC financing mobilized as of 2024, we must do more to make our climate plans truly bankable.”

    In a compelling keynote, Prof. Anthony Nyong, Director for Climate Change and Green Growth at the African Development Bank, highlighted the urgency of scaling support for climate investment in Africa and the need for strengthened partnerships: “Africa does not lack ambition. What it needs is partnership, investment, and systems-level support,” he stated. “Let us move beyond doom and gloom. Africa is ripe for climate-smart investment—home to 70 percent of its infrastructure yet to be built, rich in renewables, and holding vast reserves of arable land and critical minerals.”

    He also highlighted the Bank’s Climate financing milestones—growing from nine percent to 55 percent climate finance commitment between 2016 – 2023 and outlined tools such as the Africa NDC Hub, Adaptation Benefits Mechanism, and Climate Action Window, all designed to unlock investment-ready, country-driven climate actions.

    Ms. Sung-Ah Kyun, Associate Director of Climate Strategy and Delivery of the EBRD and co-Chair of the MDB Policy and Country/Client Engagement Working Group, added, “MDBs have been collectively working to support countries in developing and implementing their NDCs and LTS, including at sectoral and subnational levels, and are accelerating these efforts through the MDB LTS Program, launched at COP28 and hosted under World Bank’s Climate Support Facility”

    The event featured a moderated country dialogue, exploring the evolving experiences of Botswana, Ghana, and Zimbabwe in developing and implementing their NDCs.

    Representing Ghana, Seidu Issifu, Minister of State for Climate Change and Sustainability, reflected on Ghana’s progress and outlook. He emphasized the country’s financing needs—between $9.3 billion and $15 billion for the 2021–2030 period—and called for increased support in identifying and scaling sectoral investment opportunities, especially in energy, transport, and agriculture.

    From Botswana, Balisi Gopolang, Director of Climate Change, shared lessons learned from their second NDC submission. He noted that while the initial INDC process was new and unfamiliar, Botswana is now better positioned to mobilize partnerships, with a focus on energy investments that span both mitigation and adaptation goals.

    Lovemore Dhoba, Deputy Director for Climate Change in Zimbabwe, presented the country’s recently submitted NDC 3.0, which prioritizes the integration of cross-cutting issues such as gender and youth. He reaffirmed Zimbabwe’s commitment to aligning climate ambitions with development priorities through effective institutional coordination.

    The panel discussion, moderated by Uzoamaka Nwamarah, Climate Change Advisor, The Commonwealth Secretariat, brought together experts from development partners and UN agencies to reflect on how they are supporting African countries in strengthening NDCs.

    Davinah Milenge Uwella, Chief Programme Coordinator at the African Development Bank, spoke about Africa NDC Hub, hosted by the Bank, which brings together 21 other member partners to coordinate Technical Assistance support to African countries to prepare and implement NDCs, Long-Term Strategies, National Adaptation Plans and Biennial Transparency Report.

    She emphasized the Africa NDC Hub’s ongoing role in providing coordinated technical assistance, with over 10 countries provided with NDC and strategies development support. Paola Ridolfi, Climate Change Adviser at the World Bank, emphasized the importance of evidence-based investment planning and highlighted the role of the World Bank’s Country Climate and Development Reports in unlocking climate finance and aligning investments with development pathways.

    From UNDP, Catherine Diam-Valla, Co-Lead of the UNDP Climate Promise 2025, highlighted the broad footprint of the Climate Promise initiative, supporting countries to embed NDCs into national development frameworks, strengthen climate budgeting and transparency systems, and build access to carbon markets.

    Chiagozie Udeh, Programme Specialist at UNFPA, stressed the need for NDCs to reflect population dynamics, gender equality, and youth empowerment for inclusive, people-centered climate action. “The climate crisis is not just about emissions—it’s about people. We must ensure our NDCs are responsive to social realities.”

    The session also featured a technical presentation by Lucy Naydenova, Adaptation Benefits Mechanism Expert at the African Development Bank, on a practical guide for a holistic approach to NDC 3.0, focusing on how adaptation outcomes can be monetized to crowd in private investment.

    Prof. Nyong concluded by affirming the “Bank’s commitment to working hand-in-hand with partners—governments, MDBs, the private sector, and civil society to ensure that Africa’s climate goals are not only well-articulated, but well-financed and effectively implemented.”

    MIL OSI Economics