NewzIntel.com

Category: Finance

  • MIL-OSI: Mattr Corp. Announces Renewal of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for common shares of the Company (the “Common Shares”).

    Pursuant to the NCIB, the Company may purchase for cancellation up to 4,991,584 Common Shares, representing approximately 10% of the Company’s public float as at June 16, 2025. As at June 16, 2025, the Company had 61,649,707 Common Shares issued and outstanding. The NCIB will commence on June 30, 2025 and terminate one year after its commencement, or earlier if the maximum is reached or the NCIB is terminated at the option of the Company. The Company believes that using the NCIB to return capital to its shareholders will increase shareholder value and further the returns of the Company.

    All purchases pursuant to the NCIB will be made through the facilities of the TSX, or such other permitted means (including through alternative trading systems in Canada, including NEO-N, NEO-L, NEO-D, Crossing Facility, CSE, ICX, Liquidnet, CXC, CX2, CXD, Omega ATS, Lynx ATS, TSX Venture Exchange, TSX Alpha Exchange and MATCH Now (together, the “Other Exchanges”)), at prevailing market prices or as otherwise permitted. The NCIB will be funded using existing cash resources and any Common Shares repurchased by the Company under the NCIB will be cancelled. Other than purchases made under a block purchase exemption pursuant to the rules and policies of the TSX, daily purchases on the TSX pursuant to the NCIB will be limited to 68,375 Common Shares, which represents approximately 25% of the average daily trading volume of 273,500 Common Shares of the Company for the most recently completed six calendar months preceding May 31, 2025.

    The actual number of Common Shares which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by the Company, subject to applicable law and the rules of the TSX and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities.

    In connection with the NCIB, the Company has entered into an automatic share purchase plan (the “Plan”) with a designated broker (the “Broker”) in order to facilitate repurchases of its outstanding Common Shares under the NCIB. The Plan has been approved by the TSX and will be implemented effective as of June 30, 2025.

    Under the Plan, the Broker may purchase Common Shares under the NCIB at times when the Company would ordinarily not be permitted to, due to its self-imposed regular quarterly black-out periods or special black-out periods. Before the commencement of any particular internal trading black-out period, the Company may, but is not required to, instruct the Broker to make purchases of Common Shares under the NCIB during the ensuing black-out period in accordance with the terms of the Plan. Such purchases will be determined by the Broker based on parameters established by the Company prior to commencement of the applicable black-out period in accordance with the terms of the Plan and applicable TSX rules and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities. Outside of these black-out periods, Common Shares will continue to be purchasable by the Company and the Broker at the Company’s discretion under the NCIB.

    Under the Company’s previous NCIB commencing June 28, 2024, the Company purchased for cancellation a total of 4,982,824 Common Shares, being the maximum number of Common Shares it was authorized to repurchase, through the facilities of the TSX or by such other permitted means, for an aggregate repurchase price of approximately $65,163,948.95 and at a volume weighted average purchase price of $13.07 per Common Share. The previous NCIB terminated on June 4, 2025, the date the maximum purchase limit had been reached.

    About Mattr

    Mattr is a growth-oriented, global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy and electrification. Its two business segments, Connection Technologies and Composite Technologies, enable responsible renewal and enhancement of critical infrastructure.

    For further information, please contact:

    Meghan MacEachern
    VP, Investor Relations & External Communications
    Tel: 437-341-1848
    Email: meghan.maceachern@mattr.com
    Website: www.mattr.com

    Forward-Looking Information

    This news release contains forward-looking information within the meaning of applicable securities laws, including statements related to the NCIB, the timing and amount of potential purchases and the cancellation of Common Shares under the NCIB and the Plan. Words such as “intend”, “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “predict”, “estimate” or similar terminology are used to identify forward-looking information. This forward-looking information is based on assumptions, estimates and analysis made in the light of the Company’s experience and its perception of trends, current conditions and expected developments, as well as other factors that are believed by the Company to be reasonable and relevant in the circumstances. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from those predicted, expressed or implied by the forward-looking information. The forward-looking information is provided as of the date of this news release and the Company does not assume any obligation to update or revise the forward-looking information to reflect new events or circumstances, except as required by law.

    Source: Mattr Corp.

    The MIL Network –

  • MIL-OSI Africa: R11 billion assets linked to State Capture Commission recovered

    Source: South Africa News Agency

    Thursday, June 26, 2025

    As government continues to implement the President’s response to the recommendations of the State Capture Commission report, the asset recovery linked to the commission has increased from R2.9 billion in October 2022 to R11 billion by March 2025.

    This was revealed by Minister in The Presidency, Khumbudzo Ntshavheni, on Thursday, during a media briefing in Cape Town, on the outcomes of a Cabinet meeting that was held on Wednesday.

    “Cabinet was briefed about substantial progress made in the implementation of the recommendations of the State Capture Commission. Major reforms include the enactment of eight new laws addressing corruption, procurement, intelligence services, and corporate accountability,” the Minister said.

    The criminal investigations and prosecutions work has resulted in the conclusion of four state capture commission cases with guilty verdicts.

    Eleven other cases involving 51 natural persons and 27 companies have been enrolled in court.

    “The erstwhile Department of Public Enterprises referred 71 former State-Owned Enterprise (SOE) directors to the Companies and Intellectual Property Commission (CIPC) for delinquency proceedings resulting in nine active court cases.

    “The CIPC has completed reviews for 10 private sector entities implicated in the State Capture Report, with six investigations ongoing and eight new Special Investigating Unit (SIU) referrals under assessment,” Ntshavheni said.

    The National Treasury has imposed a 10 year (2022-2032) ban on Bain & Co on doing business with the state, which Bain is challenging in court.

    Various reforms to prevent future state capture are underway while some have been implemented. Amongst those are:
    •    The establishment of the Investigating Directorate Against Corruption which commenced its operations on 19 August 2024.
    •    The National Framework towards the Implementation of Professionalisation of the Public Sector was approved by Cabinet in October 2022 and the National Anti-corruption Advisory Council has concluded research into the institutional reform recommendations of the State Capture Commission. – SAnews.gov.za
     

    MIL OSI Africa –

  • Government authorises voluntary Aadhaar authentication for IBPS exams to enhance transparency

    Source: Government of India

    Source: Government of India (4)

    In a move aimed at promoting good governance and ensuring fair recruitment practices, the Department of Financial Services under the Ministry of Finance has notified the voluntary use of Aadhaar authentication by the Institute of Banking Personnel Selection (IBPS) for candidate verification during examinations and recruitment processes.

    As per the notification published in the Gazette of India, IBPS—designated as a ‘Public Examination Authority’ under the Public Examination (Prevention of Unfair Means) Act, 2024—has been authorised to use Aadhaar-based authentication (Yes/No and e-KYC) on a voluntary basis. The approval has been granted under Rule 5 of the Aadhaar Authentication for Good Governance Rules, 2020, in accordance with the Aadhaar Act, 2016.

    This initiative, approved by the Ministry of Electronics and Information Technology (MeitY) after consultation with the Unique Identification Authority of India (UIDAI), is expected to enhance the integrity of examinations by preventing impersonation and other malpractices.

    Officials stated that the measure would streamline identity verification, reduce administrative burden, and ensure a transparent and efficient recruitment process, particularly in the Banking, Financial Services, and Insurance (BFSI) sector. It also aims to protect genuine candidates from fraudulent activities and boost public trust in the examination system.

     

  • MIL-OSI Russia: Government meeting (2025, No. 21).

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    1. On the state of competition in the Russian Federation for 2024

    The report presents the results of an analysis of the state of competition in 2024, including in the context of ensuring the sustainability of socially significant commodity markets, developing the domestic market, and supporting small and medium-sized businesses.

    2. On the draft federal law “On Amendments to the Code of the Russian Federation on Administrative Offenses”

    The bill is aimed at liberalizing the liability of participants in foreign economic activity.

    3. On the allocation of budgetary appropriations to the Ministry of Finance of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of a subsidy to the budget of the Kemerovo Region

    The draft order is aimed at providing additional funds from the federal budget to the budget of the Kemerovo region – Kuzbass for financial support of expenses for the remuneration of public sector employees in 2025.

    4. On the distribution of subsidies to the budgets of the Republic of Crimea and Sevastopol

    The draft order is aimed at financing expenditure obligations arising from the implementation of activities of the state program of the Russian Federation “Socio-economic development of the Republic of Crimea and the city of Sevastopol”.

    5. On amendments to the order of the Government of the Russian Federation of January 17, 2025 No. 31-r

    The draft order is aimed at financial support for expenses related to pension provision for citizens living in the territories of the Donetsk People’s Republic, the Luhansk People’s Republic and the Kherson region, in accordance with regional legislation in the third quarter of 2025.

    Moscow, June 25, 2025

    The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

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

    MIL OSI Russia News –

  • MIL-OSI: Churchill Resources Announces Fully Subscribed $700,000 Private Placement and Strategic Leadership Changes to Bolster Growth and Operational Execution

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company“) (TSXV: CRI) is pleased to announce a non-brokered private placement of common shares to raise gross proceeds of up to $700,000. The Company is also pleased to announce a strategic leadership transition designed to strengthen the Company’s capital markets presence and operational execution as it advances its projects in Newfoundland and Labrador. Effective today, Paul Sobie, will step down from the role of Chief Executive Officer and continue in his capacity as President of the Company, and Conan McIntyre, a current director of Churchill, will assume the role of Chief Executive Officer.

    Private Placement Financing
    The $700,000 private placement will comprise up to 14,000,000 common shares of the Company at a price of $0.05 per share (the “Private Placement”). The Company intends to use the proceeds from the Private Placement on the advancement of exploration activities at the Company’s key projects and for general corporate purposes. The Private Placement is expected to close on or about July 9, 2025, and remains subject to the approval of the TSX Venture Exchange.

    Strategic Leadership Changes
    The leadership transition is designed to strengthen the Company’s strategic and operational capabilities while maximizing continuity benefits.

    Mr. McIntyre will concentrate on corporate strategy, capital markets activities, and business development, while Paul Sobie will focus on advancing the Company’s exploration programs. Mr. McIntyre and Mr. Sobie will continue to serve on the Company’s board of directors along with Malik Easah and Bill Fisher, who will continue serving as Chairman.

    “This strategic restructuring represents an important evolution for Churchill that will enable us to pursue multiple value-creation opportunities simultaneously while preserving operational expertise and local knowledge,” said Mr. McIntyre.

    Mr. Sobie commented: “I am excited about the opportunity to dedicate my full attention to our exploration activities in Newfoundland and Labrador at Black Raven, as well as at Taylor Brook and Florence Lake. This focused approach will allow me to accelerate our field programs and maximize the value of our exploration assets.”

    Mr. Fisher, Chairman of the Board, stated: “The exciting work being undertaken at Black Raven, in particular, continues to demonstrate the significant potential of our portfolio. Black Raven represents a truly exceptional exploration opportunity, featuring a polymetallic metal assemblage at the site of past producers that has never been drilled using modern exploration techniques. With the focused leadership structure we are implementing, I am confident we will unlock substantial value.”

    About Churchill Resources Inc.

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland and Labrador. The Company’s flagship Black Raven property features a polymetallic metal assemblage with evidence of historical production, representing a unique exploration opportunity as the site of past producers that has never been systematically drilled using modern techniques. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Further Information

    For further information regarding Churchill, please contact:

    Churchill Resources Inc.
    Conan McIntyre, Chief Executive Officer
    Tel. +1 416.272.4738
    Email: cmcintyre@churchillresources.com

    Paul Sobie, President
    Tel. +1 416.365.0930 (o); +1 647.988.0930
    Email: psobie@churchillresources.com

    Cautionary Note Regarding Forward Looking Information
    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves 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 expected”, “anticipates” or “does not anticipate”, “plans”, “proposed”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
    In this news release, forward-looking statements relate to, among other things, the completion of the Private Placement and the management changes; the receipt of all applicable regulatory approvals; the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; the effectiveness of the new management structure; the benefits of operational continuity; potential value to be unlocked at the Company’s properties, including at Black Raven; the potential for resource discovery and expansion at Black Raven; and future exploration plans and costs and financing availability.

    These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: risks related to the completion of the private placement and management changes; the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the Company’s properties; failure to identify any mineral resources or significant mineralization; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; title to properties; and those factors described in the most recently filed management’s discussion and analysis of the Company.
    Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
    Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI: Churchill Resources Announces Fully Subscribed $700,000 Private Placement and Strategic Leadership Changes to Bolster Growth and Operational Execution

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company“) (TSXV: CRI) is pleased to announce a non-brokered private placement of common shares to raise gross proceeds of up to $700,000. The Company is also pleased to announce a strategic leadership transition designed to strengthen the Company’s capital markets presence and operational execution as it advances its projects in Newfoundland and Labrador. Effective today, Paul Sobie, will step down from the role of Chief Executive Officer and continue in his capacity as President of the Company, and Conan McIntyre, a current director of Churchill, will assume the role of Chief Executive Officer.

    Private Placement Financing
    The $700,000 private placement will comprise up to 14,000,000 common shares of the Company at a price of $0.05 per share (the “Private Placement”). The Company intends to use the proceeds from the Private Placement on the advancement of exploration activities at the Company’s key projects and for general corporate purposes. The Private Placement is expected to close on or about July 9, 2025, and remains subject to the approval of the TSX Venture Exchange.

    Strategic Leadership Changes
    The leadership transition is designed to strengthen the Company’s strategic and operational capabilities while maximizing continuity benefits.

    Mr. McIntyre will concentrate on corporate strategy, capital markets activities, and business development, while Paul Sobie will focus on advancing the Company’s exploration programs. Mr. McIntyre and Mr. Sobie will continue to serve on the Company’s board of directors along with Malik Easah and Bill Fisher, who will continue serving as Chairman.

    “This strategic restructuring represents an important evolution for Churchill that will enable us to pursue multiple value-creation opportunities simultaneously while preserving operational expertise and local knowledge,” said Mr. McIntyre.

    Mr. Sobie commented: “I am excited about the opportunity to dedicate my full attention to our exploration activities in Newfoundland and Labrador at Black Raven, as well as at Taylor Brook and Florence Lake. This focused approach will allow me to accelerate our field programs and maximize the value of our exploration assets.”

    Mr. Fisher, Chairman of the Board, stated: “The exciting work being undertaken at Black Raven, in particular, continues to demonstrate the significant potential of our portfolio. Black Raven represents a truly exceptional exploration opportunity, featuring a polymetallic metal assemblage at the site of past producers that has never been drilled using modern exploration techniques. With the focused leadership structure we are implementing, I am confident we will unlock substantial value.”

    About Churchill Resources Inc.

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland and Labrador. The Company’s flagship Black Raven property features a polymetallic metal assemblage with evidence of historical production, representing a unique exploration opportunity as the site of past producers that has never been systematically drilled using modern techniques. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Further Information

    For further information regarding Churchill, please contact:

    Churchill Resources Inc.
    Conan McIntyre, Chief Executive Officer
    Tel. +1 416.272.4738
    Email: cmcintyre@churchillresources.com

    Paul Sobie, President
    Tel. +1 416.365.0930 (o); +1 647.988.0930
    Email: psobie@churchillresources.com

    Cautionary Note Regarding Forward Looking Information
    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves 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 expected”, “anticipates” or “does not anticipate”, “plans”, “proposed”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
    In this news release, forward-looking statements relate to, among other things, the completion of the Private Placement and the management changes; the receipt of all applicable regulatory approvals; the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; the effectiveness of the new management structure; the benefits of operational continuity; potential value to be unlocked at the Company’s properties, including at Black Raven; the potential for resource discovery and expansion at Black Raven; and future exploration plans and costs and financing availability.

    These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: risks related to the completion of the private placement and management changes; the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the Company’s properties; failure to identify any mineral resources or significant mineralization; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; title to properties; and those factors described in the most recently filed management’s discussion and analysis of the Company.
    Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
    Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI: Lantronix Selected by Tier-1 U.S. Wireless Operator to Digitally Monitor 50,000+ Cell Site Generators

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., June 26, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions enabling Edge AI Intelligence, today announced a multi-year agreement with a Tier-1 U.S. mobile network operator to digitally transform the management of more than 50,000 backup power systems across wireless cell sites nationwide. The deployment will leverage Lantronix’s Edge gateways and cloud-based software to enable real-time monitoring, enhance network reliability and reduce operational costs.

    The backup generators are essential to maintaining uninterrupted mobile service during power outages, supporting everything from mobile phones to life-saving medical devices and public safety systems. Historically, maintaining the generators required costly and inefficient manual inspections. Lantronix Edge Intelligence solutions enable remote oversight and data-driven servicing, significantly reducing operational expenses and improving network reliability.

    “This win positions Lantronix as a key player in the digital transformation of telecom infrastructure,” said Kurt Hoff, chief revenue officer for Lantronix. “Having been selected from more than 20 competitors, this recognition underscores the strength of our solutions and our proven ability to scale across large, distributed asset networks. We are pleased to announce that volume shipments have already commenced.”

    Lantronix’s FOX Series gateways and Percepxion™ platform provide a scalable, vendor-agnostic solution for real-time monitoring of generator health, including fuel levels, battery status, oil pressure, coolant temperature and more, which enables data-driven servicing, reduces unnecessary site visits and ensures compliance with environmental regulations.

    By deploying Lantronix’s industrial IoT solutions, the mobile network operator has digitized the remote management of its nationwide fleet of cell site generators. Key outcomes include:

    • Improved Network Resilience: Significantly increased uptime of backup generators that support millions of connected devices, from smartphones to critical infrastructure.
    • Real-Time Operational Visibility: 24/7 monitoring of remote sites with automated alerts for outages, tampering or security threats, along with comprehensive audit capabilities.
    • Secure Lifecycle Management: Centralized device management that ensures all connected assets remain secure, updated and compliant throughout their operational lives.
    • Operational Efficiency: Streamlined integration of millions of devices from edge to cloud, reducing manual site visits and lowering operational costs.
    • Expanded Infrastructure Monitoring: In addition to generators, available digital oversight of HVAC systems, power regulators, battery backup banks and power phase and frequency metrics for further site readiness improvement.

    For more information on Lantronix’s critical infrastructure solutions, visit its case study here.

    About Lantronix

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing. 

    For more information, visit the Lantronix website.

    ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    Lantronix Media Contact:
    Gail Kathryn Miller 
    Corporate Marketing & 
    Communications Manager 
    media@lantronix.com 
    949-212-0960 

    Lantronix Analyst and Investor Contact:
    investors@lantronix.com

    The MIL Network –

  • MIL-OSI: Range Resources Publishes 2024-2025 Corporate Sustainability Report

    Source: GlobeNewswire (MIL-OSI)

    FORT WORTH, Texas, June 26, 2025 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today published its 2024-2025 Corporate Sustainability Report. The report illustrates the Company’s focus on sustainably developing the energy the world needs.

    “Operational excellence and environmental responsibility go hand in hand – delivering sustainable performance today, and long-term value well into the future,” said Dennis Denger, the Company’s CEO, “the natural gas and natural gas liquids we produce in Pennsylvania are economically and environmentally advantaged due in large part to the innovative culture Range has built. The latest report reflects our disciplined approach that prioritizes environmental stewardship, efficient operations and financial strength.”

    Corporate Sustainability Report Highlights

    Range achieved Net Zero Scope 1 and 2 GHG emissions through direct emissions reductions and verified carbon offsets for 2024 emissions, ahead of its 2025 goal. This milestone was the result of a focused strategy to reduce direct emissions through operational efficiencies, best emission management practices, and deploying new technologies. Range’s GHG and methane emissions intensity were reduced by 43% and 83% respectively, since 2019, exceeding initial targets. To complement these efforts in reaching net zero, Range invested in high quality, verified carbon credits, and retired them through credible registries.

    Environmental Stewardship

    • 43% reduction in GHG emission intensity since 2019 
    • 83% reduction in methane emissions intensity since 2019 
    • 33% reduction in total number of reportable spills ≥ 1 bbl compared to 2023 
    • Recycled approximately 100% of flowback and produced water generated from our operations 
    • “A” grade MiQ certification for all production

    Safety Leadership 

    • 0.17 Employee Days Away, Restricted, or Transferred (DART) Rate 
    • 0.33 Employee Total Recordable Incident Rate (TRIR) 
    • Range employees completed more than 3,000 hours of safety training 

    Human Capital Management 

    • Average employee tenure rate of ~10 years 
    • Managers completed 1,680+ hours of leadership/ management training 
    • Employees completed 16.8 hours of training on average 

    Responsible Governance

    • Earned a “AA” MSCI ESG Rating 
    • Ranked first among Appalachian producers and outperformed or met the industry averages in all five categories of JUST Capital’s Most JUST Companies rankings
    • Named to Newsweek’s list of America’s Most Responsible Companies for the fourth consecutive year 

    Community Impact 

    • Paid over $5 billion, to date, in impact fees, royalty and lease payments, and charitable contributions benefiting Pennsylvania communities  
    • Invested $1.2 million into our communities, including $213,500 to first responders through Range’s Good Neighbors Fund 
    • Range employees volunteered a Company record 3,100+ hours in support of community organizations 
    • Awarded grants to 449 local grassroot nonprofit organizations 

    The full Corporate Sustainability Report is available at www.rangeresources.com/sustainability.

    About Range Resources’ 2024-2025 Sustainability Report

    Range’s Sustainability Report incorporates feedback from key stakeholders and was developed in alignment with current best practice sustainability reporting standards and frameworks, which include guidelines and recommendations by the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), the IPIECA (formerly known as the International Petroleum Industry Environmental Conservation Association), the TCFD framework, and the American Exploration & Production Council (AXPC) ESG Metrics Framework.

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

    Included within this release are certain “forward-looking statements” within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that are not limited to historical facts, but reflect Range’s current beliefs, expectations or intentions regarding future events.  Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “outlook”, “estimate,” “predict,” “potential,” “pursue,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements.

    All statements, except for statements of historical fact, made herein regarding activities, events or developments the Company expects, believes or anticipates will or may occur in the future, such as those regarding future well costs, expected asset sales, well productivity, future emissions and carbon offsets, future liquidity and financial resilience, anticipated exports and related financial impact, natural gas and NGL market supply and demand, improving commodity fundamentals and pricing, future capital efficiencies, future shareholder value, emerging plays, capital spending, anticipated drilling and completion activity, acreage prospectivity, expected pipeline utilization and future guidance information, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on assumptions and estimates that management believes are reasonable based on currently available information; however, management’s assumptions and Range’s future performance are subject to a wide range of business risks and uncertainties and there is no assurance that these goals and projections can or will be met. Any number of factors could cause actual results to differ materially from those in the forward-looking statements. Further information on risks and uncertainties is available in Range’s filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K. Unless required by law, Range undertakes no obligation to publicly update or revise any forward-looking statements to reflect circumstances or events after the date they are made.

    SOURCE: Range Resources Corporation

    Range Investor Contact:

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

    Range Media Contact:

    Mark Windle, Director of Corporate Communications
    724-873-3223
    mwindle@rangeresources.com

    The MIL Network –

  • MIL-OSI: Wedbush Securities Enhances Client Offering Through Trading Infrastructure Upgrade with Rapid Addition’s Messaging Platform

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 26, 2025 (GLOBE NEWSWIRE) — Wedbush Securities, a leading global financial services firm, has adopted a solution from Rapid Addition, a leading trading technology provider, to advance its trading infrastructure and better serve its clients. By integrating Rapid Addition’s highly flexible, cloud-ready platform, Wedbush is streamlining multi-asset class trading, risk management, and post-trade processes, reinforcing its commitment to innovation, operational excellence, and relentless client service.

    “At Wedbush, we’re always focused on pushing the boundaries of what we can offer our clients. This expansion with Rapid Addition is a key step in that direction, enabling us to elevate our trading infrastructure and streamline operations. The move to the cloud not only strengthens our ability to respond to market changes but also significantly enhances how we serve our clients — by improving efficiency, scalability, and integration across all touchpoints of our execution and clearing services,” said Rodrigo Parrode, EVP, Chief Operating Officer, Wedbush Securities.

    Mike Powell, Chief Executive Officer at Rapid Addition, commented, “We are proud to be part of Wedbush’s transformation strategy and support them in delivering this innovative client-centric project. By helping harness the benefits of cloud and integrating trading process across front and middle-office, the RA Platform will help Wedbush drive efficiency, respond faster to client needs, and scale its trading infrastructure as their business grows.”

    This collaboration sets the stage for future innovations, including potential expansion into additional asset classes and workflows, ensuring both organizations remain at the forefront of the financial services industry.

    About Rapid Addition:
    Rapid Addition is a pioneer in the development of advanced electronic trading technology and a recognised leader in financial messaging protocols and high-performance middleware. Our asset class- and message protocol-agnostic platform enables organisations to build unique trading capabilities to meet their specific requirements.

    Architected to accelerate the deployment of customer IP and custom business logic, the RA Platform empowers firms to implement a broad spectrum of optimised electronic trading workflows through our low-code development framework.

    About Wedbush Securities:
    Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both retail and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC 

    For media inquiries, please contact:
    Serina Molano
    Senior Associate, Public Relations
    publicrelations@wedbush.com 
    213-688-4564

    The MIL Network –

  • MIL-OSI: Abaxx Announces Digital Title Pilot to Unlock the Collateral Value of Physical Commodities Through its Integrated Market Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced it intends to conduct a pilot transaction to finance margin with physical gold using its ID++ Technology to create real-time digital documents of title.

    This pilot will demonstrate the use of Abaxx’s Private Digital Title, a cryptographically-secured document of title for physical gold held at Abaxx Spot, to finance cash margin requirements for a gold futures position. By unlocking the collateral value of real-world assets, the initiative advances Abaxx’s broader effort to modernize collateralization and increase capital efficiency across commodity markets, including the unique ability to move real-time collateral privately through a federated network.

    Abaxx’s Private Digital Title Pilot Highlights

    • Demonstrates the integration of Abaxx Exchange and Clearing, Abaxx Spot, and ID++ Technology, activating the full stack of Abaxx infrastructure to address inefficiencies in commodity markets and supply-chain risk management.
    • Lays the groundwork for expanding the pool of high quality liquid asset (“HQLA”) collateral to include physically-held commodities and for netting physical and financial positions, reducing capital costs and inefficiencies in risk management.
    • Operates across the full commodity transaction lifecycle with integrated counterparty verification that keeps transaction data private from unrelated intermediaries and public ledger records, removing a key barrier to token adoption in global commodity markets.
    • Leverages Verifiable Credentials to issue legally-enforceable digital documents of title, preserving confidentiality, improving collateral mobility, and aligning with global legal standards like the United Nations Commission on International Trade Law’s (UNCITRAL) Model Law on Electronic Transferable Records (MLETR).

    “For decades, innovations in payment systems have accelerated the velocity of money while the immense value of physical assets has remained locked in slow, analog workflows,” said Josh Crumb, CEO of Abaxx Technologies. “What stablecoins and modern payment rails are to bank money, Abaxx is to physical collateral. We are building the tools to free your physical assets. This pilot will be the first end-to-end demonstration of our smarter markets architecture, where regulated market infrastructure and decentralized financial technology work together to turn physical commodities into dynamic, real-time financial instruments at the heart of financial clearing systems.”

    A New Framework for Digital Collateral

    Abaxx’s vision is to re-engineer the relationship between physical assets and financial risk management. To support this transformation, the Company has developed multi-layered market infrastructure designed to connect physical assets to financial workflows, anchored by a regulated futures exchange and clearinghouse, a spot market for physically-allocated gold, and Abaxx’s proprietary ID++ Technology and suite of console apps, including Verifier+, Abaxx Messenger, and Abaxx Sign.

    This infrastructure addresses two persistent challenges for commodity producers, traders, and financiers: limited collateral mobility and the high cost of managing basis and counterparty risk. It seeks to expand the pool of high-quality collateral to include real-world assets and creates the potential to reduce capital and operational costs by enabling the netting of physical and financial positions.

    Legal ownership of physical assets is digitized using Verifiable Credentials as documents of title, unlike tokenization models that rely on centralized issuance or new legal constructs. Abaxx’s approach is designed to reduce legal and operational friction, shorten onboarding timelines, and enable more flexible, direct use of physical commodities as collateral without compromising confidentiality or enforceability.

    The intended result is a system where physical assets support a flexible credit facility, transforming inventory from untapped collateral into a real-time financial resource.

    About the Pilot

    This pilot represents the first application of Abaxx’s Private Digital Title across the Company’s integrated exchange, clearing, and spot market infrastructure. It is intended to demonstrate how a cryptographically-secured Private Digital Title can act as a document of title for physical gold and finance the margin requirements of a gold futures position, replacing traditional warehouse receipts with a legally-enforceable digital document of title.

    As part of this framework, Abaxx’s Private Digital Title can embed legal terms and asset history, including attributes such as its provenance or environmental footprint, directly to the asset’s digital identity, supporting evolving market expectations around traceability.

    By increasing the pool of eligible collateral, increasing collateral mobility, and enhancing transparency, the initiative targets a $47 billion opportunity in gold trade finance¹ and lays the foundation for broader applications across commodity markets.

    Join the Working Group

    This pilot transaction is planned to take place in 4Q2025. Interested parties, including clearing firms, brokers, traders, custodians, banks, and technologists who would like to participate in our working group are invited to contact us at digitaltitle@abaxx.tech for more information.

    ¹ Source: ICC Trade Register Summary Report: Global Risks in Trade Finance, International Chamber of Commerce, November 2023.

    About Abaxx Technologies
    Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

    In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.

    Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

    Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

    For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

    For more information about this press release, please contact:

    Steve Fray, CFO
    Tel: +1 647-490-1590

    Media and investor inquiries:

    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 246 271 0082
    E-mail: ir@abaxx.tech

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.

    In particular, this press release contains forward-looking statements including, without limitation, statements regarding the potential results, benefits and market impact of the pilot transaction, the Company’s business strategies, plans, and objectives, the development of new markets and products, expectations regarding Abaxx’s partnerships, demand for Abaxx’s products and market adoption and regulatory approvals. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network –

  • MIL-OSI Russia: Development of a new street and road network project in Sokolniki has begun

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    In the Sokolniki district, the development of a territory planning project (TPP) for a new street and road network has begun. The work will be carried out within the framework of the Targeted Investment Program. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The total area of the territory for which the PPT will be developed is about four hectares. It is located at the intersection of Bolshaya Olenya Street and Veteranov Avenue, Maly Oleny Lane and Oleniy Val Street. The project provides for the construction of a street and road network necessary for the full functioning of the modern sports and training base of the Spartak-Moscow football club. This is an example of how the city creates infrastructure to support sports initiatives, while simultaneously developing the area and making it more comfortable for residents,” said Vladimir Efimov.

    The emergence of new infrastructure will provide convenient access to the sports facility and improve the transport situation in the area.

    “Development of the street and road network will create additional prerequisites for the improvement of adjacent territories, will make the area more accessible and attractive for both residents and visitors to the city. As a result, traffic organization will improve, travel time will be reduced, new routes and convenient pedestrian connections will appear,” she added. Juliana Knyazhevskaya, Chairman of the Committee for Architecture and Urban Development of the City of Moscow.

    Earlier, Sergei Sobyanin spoke about the construction new road network in the Ramenki area.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/155843073/

    MIL OSI Russia News –

  • MIL-OSI Africa: Can Zero Tariffs Drive Real Change? China’s New Trade Policy and Africa’s Energy-Led Future

    China’s zero-tariff policy for African goods has expanded rapidly in recent years, with 53 of the continent’s countries now eligible to export their taxable goods to the Chinese market duty-free. Promoted as a vehicle for deeper Sino-African cooperation and shared prosperity, the policy has gained attention for its potential to open access to one of the world’s largest consumer markets. But as the continent looks to secure long-term development and industrial transformation, a central question arises: will trade preferences like this serve as a catalyst for Africa’s economic evolution, or simply reinforce its role as a low-value commodity supplier?

    Eswatini – one of the few African countries that maintains diplomatic ties with Taiwan – was excluded from the tariff breaks, underscoring that access to China’s market remains conditional. The expanded duty-free and tax incentives also appear as a counter to the Trump-era tariffs, placing Africa in the throes of the China-U.S. trade war.

    As African Energy Week (AEW) 2025: Invest in African Energies prepares to convene in Cape Town from September 29 to October 3, the broader question for the continent is whether these expanding trade policies can deliver tangible, scalable benefits. Africa’s ability to meet its development and energy access goals will depend not only on increased trade, but on how effectively such policies translate into investment in infrastructure, energy, and industrial growth.

    The Promise and Limits of Zero-Tariff Access

    On paper, zero-tariff access is a welcome opportunity. For African countries seeking to diversify export destinations and boost agricultural, mineral and energy-based trade, the initiative offers a cost advantage that could help expand trade volumes. For oil and gas producers, there may be openings to increase exports of refined products, petrochemicals or fertilizers, if the necessary processing capacity exists.

    But therein lies the challenge. Most African countries lack the industrial and energy infrastructure to capitalize on such preferences. Many exports continue to be raw or semi-processed materials with limited value retention on the continent. Tariff-free access does little to change that if non-tariff barriers, unreliable power supply or inadequate transport logistics continue to undermine competitiveness.

    Energy sits at the core of that equation. Africa’s path to economic sovereignty depends on its ability to convert natural resources into industrial products – a process that begins with investment in upstream development and extends through midstream logistics and downstream transformation. Whether it’s building pipelines and LNG infrastructure, electrifying industrial corridors or developing fertilizer and plastics manufacturing hubs, Africa’s energy systems must evolve to support trade ambitions.

    Africa’s Path to Integrated Energy and Industrial Growth

    Several countries are already moving in that direction. Nigeria is pushing forward with its gas commercialization strategy; Mozambique is scaling up LNG; Senegal and Mauritania are emerging as cross-border gas hubs. These projects not only generate export revenue, but create the foundation for broader economic diversification, from petrochemical industries to power generation for local factories.

    Meanwhile, the African Continental Free Trade Area provides the framework to harmonize standards, reduce internal tariffs and build common infrastructure, such as pipelines, ports and refineries, thereby enabling economies of scale and intra-African trade. If combined with external access like China’s zero-tariff policy, this dual approach could allow African nations to integrate vertically and horizontally, moving from fragmented markets to unified production ecosystems.

    Still, risks remain. Trade with China remains heavily skewed toward raw materials, with manufactured imports often undercutting local industries. Without targeted support for African manufacturing, technology transfer and local content, tariff preferences risk entrenching the continent’s supplier status rather than overturning it. African governments must therefore ensure that policies – both trade- and energy-related – are designed to channel benefits inward, not just extract them outward.

    “That is the true promise of AEW 2025. As leaders, investors and institutions gather in Cape Town, the conference will not only facilitate deals and investment flows, but ask complex questions about how Africa can seize agency in its global partnerships. Energy security, industrialization and trade access must be viewed not in silos, but as interconnected levers for long-term prosperity,” says NJ Ayuk, Executive Chairman, African Energy Chamber.

    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    Distributed by APO Group on behalf of African Energy Chamber.

    MIL OSI Africa –

  • Sensex surges 1,000 points; banking and heavyweight stocks gain

    Source: Government of India

    Source: Government of India (4)

    The Indian stock markets closed on a strong note on Thursday, with benchmark indices Sensex and Nifty surging over 1 per cent each, led by gains in banking and heavyweight stocks.

    The benchmark index reflected strong investor confidence, underpinned by the apparent stability of the Middle East ceasefire, which has eased concerns over potential supply chain disruptions.

    The Sensex jumped 1,000.36 points, or 1.21 per cent, to settle at 83,755.87. During the session, the index touched an intra-day high of 83,812.09 and a low of 82,816.26.

    The Nifty also gained 304.25 points, or 1.21 per cent, to close at 25,549.00. It hit an intra-day high of 25,565.30 and a low of 25,259.90 during the day.

    “Nifty has given a decisive move above the recent consolidation on the daily chart, indicating growing optimism among traders and investors,” Rupak De of LKP Securities said.

    “Now that the index has broken above the consolidation zone, we continue to maintain our bullish view going forward,” he added.

    Among the Nifty stocks, Shriram Finance, Tata Steel, Bharti Airtel and Hindalco Industries were the top gainers, rising between 2.48 and 3.69 per cent.

    On the other hand, Dr Reddy’s Laboratories, Tech Mahindra, Wipro, SBI, and Hero MotoCorp were the top laggards, slipping between 0.45 and 1.31 per cent.

    In the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices ended lower, falling 0.59 per cent and 0.42 per cent, respectively, indicating some pressure in mid- and small-cap stocks.

    Banking stocks also witnessed strong buying. The Bank Nifty index touched an intra-day high of 57,263.45 and closed at 57,206.70, up 1.03 per cent.

    Among sectoral indices, all major indices except Realty, IT, and Media ended in the green.

    Nifty Metal was the top performer, gaining 2.31 per cent. This was followed by gains in Nifty Private Bank, Financial Services, and Oil & Gas indices, each rising over 1 per cent.

    Meanwhile, Rupee gained over 33 paise to settle at 85.75, buoyed by a sharp drop in the dollar index below the 97.00 mark.

    “Falling crude prices and a weaker dollar provided strong support to the rupee. With global risk sentiment improving and the potential for continued fund inflows, the rupee may head towards 85.25 in the coming days,” Jateen Trivedi of LKP Securities mentioned.

    “Gold remained range-bound as dollar index weakness provided support, while the Federal Reserve’s stance of no immediate rate cuts weighed on sentiment,” Trivedi stated.

    He added that MCX Gold is expected to trade within a range of Rs 95,500 to Rs 98,500 in the near term.

    (IANS)

  • Sensex surges 1,000 points; banking and heavyweight stocks gain

    Source: Government of India

    Source: Government of India (4)

    The Indian stock markets closed on a strong note on Thursday, with benchmark indices Sensex and Nifty surging over 1 per cent each, led by gains in banking and heavyweight stocks.

    The benchmark index reflected strong investor confidence, underpinned by the apparent stability of the Middle East ceasefire, which has eased concerns over potential supply chain disruptions.

    The Sensex jumped 1,000.36 points, or 1.21 per cent, to settle at 83,755.87. During the session, the index touched an intra-day high of 83,812.09 and a low of 82,816.26.

    The Nifty also gained 304.25 points, or 1.21 per cent, to close at 25,549.00. It hit an intra-day high of 25,565.30 and a low of 25,259.90 during the day.

    “Nifty has given a decisive move above the recent consolidation on the daily chart, indicating growing optimism among traders and investors,” Rupak De of LKP Securities said.

    “Now that the index has broken above the consolidation zone, we continue to maintain our bullish view going forward,” he added.

    Among the Nifty stocks, Shriram Finance, Tata Steel, Bharti Airtel and Hindalco Industries were the top gainers, rising between 2.48 and 3.69 per cent.

    On the other hand, Dr Reddy’s Laboratories, Tech Mahindra, Wipro, SBI, and Hero MotoCorp were the top laggards, slipping between 0.45 and 1.31 per cent.

    In the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices ended lower, falling 0.59 per cent and 0.42 per cent, respectively, indicating some pressure in mid- and small-cap stocks.

    Banking stocks also witnessed strong buying. The Bank Nifty index touched an intra-day high of 57,263.45 and closed at 57,206.70, up 1.03 per cent.

    Among sectoral indices, all major indices except Realty, IT, and Media ended in the green.

    Nifty Metal was the top performer, gaining 2.31 per cent. This was followed by gains in Nifty Private Bank, Financial Services, and Oil & Gas indices, each rising over 1 per cent.

    Meanwhile, Rupee gained over 33 paise to settle at 85.75, buoyed by a sharp drop in the dollar index below the 97.00 mark.

    “Falling crude prices and a weaker dollar provided strong support to the rupee. With global risk sentiment improving and the potential for continued fund inflows, the rupee may head towards 85.25 in the coming days,” Jateen Trivedi of LKP Securities mentioned.

    “Gold remained range-bound as dollar index weakness provided support, while the Federal Reserve’s stance of no immediate rate cuts weighed on sentiment,” Trivedi stated.

    He added that MCX Gold is expected to trade within a range of Rs 95,500 to Rs 98,500 in the near term.

    (IANS)

  • MIL-OSI Asia-Pac: FS attends 10th Annual Meeting of Board of Governors of Asian Infrastructure Investment Bank in Beijing (with photos/video)

    Source: Hong Kong Government special administrative region

         The Financial Secretary, Mr Paul Chan, attended the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing today (June 26). He also held separate meetings with the Minister of Finance, Mr Lan Fo’an, and the President of the AIIB, Mr Jin Liqun.
     
         Mr Chan participated in the opening ceremony of the annual meeting and joined the subsequent Governors’ Official Session.
     
         During the meeting, he witnessed the signing of a strategic partnership agreement between the Hong Kong Monetary Authority (HKMA) and the AIIB.  Under the partnership agreement, the HKMA will collaborate closely with the AIIB to support venture capital in emerging Asia to jointly support the emerging economies in the region to drive green transformation and development of infrastructure through scientific and commercial innovation.
     
         Speaking about the agreement, Mr Chan said, “Energy transition and infrastructure development of the Global South require substantial financial investment and support from technological applications in various fields. This collaboration combines and leverages the knowledge, experience, networks, and strengths of the HKMA and the AIIB. It supports emerging Asian economies in accelerating their development towards more prosperous and inclusive growth through innovation and technology. Additionally, it aids in building a more vibrant venture capital and innovation ecosystem within the region and further reinforces Hong Kong’s status as an international financial, innovation and technology centre.”
     
         Mr Chan later met with the President of the AIIB, Mr Jin Liqun. He expressed Hong Kong’s willingness to further enhance collaboration with the AIIB amid the ongoing reshaping of the global economic landscape and the development challenges faced by emerging economies. Such initiatives can include issuing bonds in more currencies and of various tenors, advancing investment co-operation in infrastructure loan securitisation and catastrophe bonds, and mobilising private capital to support Asia’s green and sustainable development projects and relevant technological proposals. He also reiterated Hong Kong’s support for the AIIB to establish an office in Hong Kong and said he looks forward to the proposal’s early implementation.
     
         Subsequently, Mr Chan called on the Minister of Finance, Mr Lan Fo’an, where both parties exchanged in-depth views on the economic and social development of the Mainland and Hong Kong. Mr Chan briefed Mr Lan on Hong Kong’s latest developments in financial markets, innovation and technology, and public finance. He highlighted that, with Hong Kong’s financial market advancing steadily and international investors’ confidence strengthening, the Hong Kong Special Administrative Region Government will continue to fully support the issuance of RMB Sovereign Bonds in Hong Kong. Efforts will also be made to enrich investment products and risk management tools, enhance RMB liquidity, and improve financial infrastructure to build a more prosperous offshore RMB business ecosystem.
     
         Mr Chan concluded his visit to Beijing today and will return to Hong Kong in the evening.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Inception Growth Acquisition Limited Announces Postponement of the Special Meeting to July 14, 2025 and Extension of Redemption Request Deadline

    Source: GlobeNewswire (MIL-OSI)

    New York, June 26, 2025 (GLOBE NEWSWIRE) — Inception Growth Acquisition Limited (the “Company”), a blank check company, today announced that its previously announced special meeting of shareholders (the “Special Meeting”) will be postponed from 10:00 a.m. Hong Kong Time on July 1, 2025 to 10:00 a.m. Hong Kong Time on July 14, 2025 to provide stockholders with additional time to review the supplement (the “Supplement”) to the definitive proxy statement (the “Original Proxy Statement”), which was filed with the Securities and Exchange Commission (the “SEC”) on June 25, 2025. The Supplement corrects, among other things, the per share redemption price from $13.18 to $12.09, provides updates regarding the Company’s annual meeting held on June 5, 2025, and extends the deadline for stockholders to submit redemption requests.

    There is no change to the location, the record date or any of the other proposals to be acted upon at the Special Meeting. The physical location of the Special Meeting remains at the offices of Loeb & Loeb LLP, 2206-19 Jardine House, 1 Connaught Place Central, Hong Kong SAR, and virtually via teleconference using the following dial-in information:

        US Toll Free   +1 866 213 0992
        Hong Kong Toll   +852 2112 1888
        Participant Passcode   2910077#

    The Special Meeting is being held for the purpose of considering and voting on, among other proposals, proposals to approve the Company’s proposed business combination with AgileAlgo Holdings Ltd.

    The record date for determining the Company stockholders entitled to receive notice of and to vote at the Special Meeting remains the close of business on May 27, 2025 (the “Record Date”). Stockholders as of the Record Date are eligible to vote, even if they have subsequently sold their shares. Stockholders who have already submitted their proxies or voted and do not wish to change their vote need not take any further action.  All previously cast votes associated with the Special Meeting remain valid for the Special Meeting, unless revoked as described in the Original Proxy Statement or the Supplement. Stockholders who have not yet voted are urged to submit their votes promptly.

    As a result of the postponement, the deadline for delivery of redemption requests from the Company’s stockholders in connection with the proposed business combination has been extended from June 27, 2025 (two business days before the originally scheduled Special Meeting) to July 10, 2025 (two business days before the postponed Special Meeting). Stockholders who have already submitted redemption requests may revoke such requests prior to the new deadline in accordance with the procedures described in the Original Proxy Statement filed with the SEC on May 27, 2025, and the Supplement.

    If you have questions regarding the certification of your position or delivery of your shares, please contact:

    Continental Stock Transfer & Trust Company, LLC
    1 State Street 30th Floor
    New York, NY 10004-1561
    E-mail: spacredemptions@continentalstock.com

    Stockholders are advised to review the Supplement carefully and to consider it together with the Original Proxy Statement, both available on the SEC’s EDGAR database at www.sec.gov, for complete details regarding the postponement, the corrected redemption price, the updated redemption deadline, and other corrected and updated information.

    The Company’s stockholders who have questions regarding the postponement, the Special Meeting, or would like to request documents may contact the Company’s proxy solicitor, Advantage Proxy, Inc., at (877) 870-8565, or banks and brokers can call (206) 870-8565, or by email at ksmith@advantageproxy.com.

    About Inception Growth Acquisition Limited

    Inception Growth Acquisition Limited is a blank check company incorporated under the laws of Delaware whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. 

    Forward Looking Statements

    This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including but not limited to the date of the Special Meeting, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

    Additional Information and Where to Find It

    On May 27, 2025, the Company filed the Original Proxy Statement with the SEC in connection with its solicitation of proxies for the Special Meeting. On June 26, 2025, the Company filed the Supplement to provide information about, among other things, the postponement of the Special Meeting, the extension of redemption request deadline, and the corrected per share redemption price. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE SUPPLEMENT, THE ORIGINAL PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov or by contacting the Company’s proxy solicitor.

    Participants in the Solicitation

    The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Special Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.

    Contact

    Inception Growth Acquisition Limited
    Investor Relationship Department
    (315) 636-6638

    The MIL Network –

  • MIL-OSI: Beam Global and Platinum Group UAE Sign Joint Venture Agreement Creating Beam Middle East LLC

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 26, 2025 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it has entered into a joint venture agreement with the Platinum Group LLC, based in the United Arab Emirates (UAE). Chaired by His Royal Highness, Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan, the Platinum Group UAE is recognized for its well-established and trusted relationships across government and industry.

    Beam Global and the Platinum Group will form a new entity, Beam Middle East LLC, which will sell and manufacture Beam Global’s patented sustainable infrastructure solutions for transportation electrification, energy storage, energy security, and smart city development across the Middle East and African regions. This joint venture supports Beam Global’s strategy of geographic diversification by opening new markets and creating opportunities for revenue growth outside the United States. Beam Global, Beam Europe, and now Beam Middle East will each sell and manufacture the company’s full portfolio of patented sustainable technology solutions.

    “The Platinum Group is an organization of the highest reputation, influence and relationships in Abu Dhabi and the surrounding region. They are a perfect partner to accelerate Beam Global’s growth in the Middle East and Africa,” said Desmond Wheatley, CEO of Beam Global. “With planned spending on sustainable infrastructure in the region projected to reach $75.6 billion by 2030, we believe that Beam Global’s patented technology combined with Platinum’s unrivalled position should create a platform for growth which we are uniquely able to leverage. Platinum’s relationships with the best companies in the region and their government contacts, including at the highest level in the UAE and with entities like Masdar City, will allow Beam Middle East to secure direct audiences with top decision makers. Our technology is ideal for the region’s current and future plans, but this is a region where relationships matter just as much as products and solutions. That is why our joint venture with Platinum is so ideal – Beam’s tried and tested clean-technology solutions and Platinum’s influence and relationships form a combination that ticks all the boxes and is without rivals.”

    “The Platinum Group seeks out the highest quality, most timely and relevant companies in each of the industries we target. Beam Global’s unique and patented products are ideally suited to provide value to governments and businesses, as the Gulf region and beyond transitions to clean and sustainable technologies,” said Dr Ali Nasser Sultan Al Yahbouni Al Daheri, CEO of Platinum Group. “We are looking forward to ensuring that our new joint venture with Beam Global, forming Beam Middle East, is a highly successful enterprise with wins in the Middle East and increasingly in Africa. With abundant sunshine and fast-growing adoption of electric vehicles (EVs), renewables, and energy storage, the region is perfect for Beam Global’s solutions. Energy security and Smart Cities solutions like those offered by Beam Middle East are at the forefront of government planning. Our timing is right, and our partnership is formed on mutual benefit from growth and success. We are delighted to have Beam Global as part of our growing family of businesses.”

    Middle East Market Overview Across Five Key Markets: UAE, Saudi Arabia, Qatar, Oman, and Jordan

    • The number of EVs in the region is projected to grow from approximately 69.0 thousand in 2024 to approximately 1.5 million by 2030 (Table 1), representing a compound annual growth rate (CAGR) of 66.6%.
    • Assuming a 5.0% share of regional chargers using EV ARC™ units, the addressable revenue could reach $516.5 million by 2030.
    • If eBikes account for just 5.0% of total EV volume and follow the same growth trajectory (Table 2), BeamBike™ units could represent a $245.0 million revenue opportunity in the region by 2030.

    Middle East Market Overview: Abu Dhabi Case Study

    • The UAE eBike market is projected to reach $443.8 million by 2030. Assuming 15.0% of that spend goes toward charging infrastructure, and that Abu Dhabi accounts for 35.0% of the national market based on population, the addressable eBike charger market for BeamBike™ in Abu Dhabi is approximately $23.3 million.
    • A streetlight-to-population ratio based on New York City, applied to Abu Dhabi’s estimated 3.8 million residents (Table 3), suggests BeamSpot™ units could represent a potential revenue opportunity of approximately $322.1 million assuming a market penetration of 5.0%.
    • Using Abu Dhabi’s population and a comparable U.S. Police motorcycle fleet ratio (Table 4), the opportunity to electrify local law enforcement fleets with BeamPatrol™ units is estimated at approximately $2.4 million.
    • With over 5.8 million annual hotel guests, Abu Dhabi also offers a strong use case for BeamSkoot™ at resorts, both for logistics and recreational purposes. Assuming adoption rates of 10.0% (Table 5), the potential revenue opportunity for BeamSkoot™ units could reach approximately $10.0 million.

    The above scenarios are estimates only, based upon market data taken from internet resources. Beam Global believes these case studies can be replicated in other markets across the Middle East and Africa.

    Key Terms of the Agreement
    Beam Middle East LLC will be a 50/50 joint venture between Beam Global and Platinum Group UAE, incorporated in Abu Dhabi. Beam Global will license its proprietary technologies to the joint venture and support it with incoming opportunities, training, marketing materials, and procurement assistance. Platinum Group will leverage its existing relationships at the highest levels, coordinate local sales, provide experienced and influential business development professionals, and establish manufacturing capabilities efficiently and inexpensively. Both parties will collaborate on the development of a regional manufacturing facility for the products. Beam Middle East will be headquartered in Masdar City, a pioneering sustainable urban community and world-class business and technology hub, where Platinum Group has recently signed an agreement. Masdar City is located in Abu Dhabi, the capital of the UAE, strategically positioned at the center of the country’s drive toward a net-zero future by 2050.

    About Platinum Group UAE
    Platinum Group UAE is a diversified, multi-billion-dollar conglomerate operating in energy, real estate, finance and investing, healthcare, information technology, sports and entertainment, food services and legal services in the Emirate of Abu Dhabi, United Arab Emirates. Chaired by His Royal Highness Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan, son of the former ruler of Abu Dhabi, the Group is recognized for its well-established and trusted relationships across government and industry. Platinum Group UAE is headquartered in Abu Dhabi, with offices in Dubai and Sharjah. For more information visit, PlatinumGroupUAE.com.

    About Beam Global
    Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Broadview, IL and Belgrade and Kraljevo, Serbia. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit, BeamForAll.com, LinkedIn, YouTube, Instagram and X (formerly Twitter).

    Forward-Looking Statements
    This press release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “potential,” “will,” “would,” “could,” “should,” “may,” or similar expressions. These statements include, but are not limited to, statements regarding the expected benefits, market potential, and future operations of Beam Middle East LLC; anticipated revenue opportunities in the Middle East and African regions; projections regarding electric vehicle and infrastructure market growth; and strategic goals and international expansion plans of Beam Global.

    These forward-looking statements are based on current assumptions and expectations that are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the statements. Factors that may cause such differences include, among others, risks associated with entering new markets and joint ventures, including regulatory and operational challenges; risks relating to the adoption of EV technologies and infrastructure in foreign jurisdictions; the ability to develop and scale manufacturing capabilities in the region; the effectiveness of partnerships; and general economic, political, and business conditions in the Middle East and Africa. Additional risks and uncertainties are detailed in Beam Global’s filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

    Beam Global disclaims any obligation to update or revise these forward-looking statements, except as required by law.

    Media Contact
    Andy Lovsted
    +1 858-327-9123
    Press@BeamForAll.com

    Investor Relations
    Luke Higgins
    +1 858-261-7646
    IR@BeamForAll.com

    Appendix 1 – Sources for Middle East Market Overview Sections

    Table 1 – Projected Growth of EV Adoption in the Middle East

      Number of EVs in 2024 Number of EVs in 2030
    Countries:    
    UAE 28,000 42,000
    Saudi Arabia 23,170 1,300,000
    Qatar 5,624 75,167
    Oman 2,200 13,500
    Jordan 10,000 45,000
         
    Total Number of EVs: 68,994 1,475,667

    Table 2 – Projected Growth of eBike Adoption in the Middle East Assuming 5% EV Market Share

      Number of eBikes in 2024 Number of eBikes in 2030
    Countries:    
    UAE 1,400 2,100
    Saudi Arabia 1,159 50,000
    Qatar 281 3,758
    Oman 110 675
    Jordan 500 2,250
         
    Total Number of eBikes: 3,450 58,783


    Table 3 – Estimated Number of Streetlights in Abu Dhabi Based on New York City’s Streetlight-to-Population Ratio

    Population of NYC 8,258,000
    Number of Street Lights 400,000
    Number of Street Lights per Person 21
    Population of Abu Dhabi 3,800,000
    Number of Street Lights approx. 180,952

    Table 4 – Estimated Size of Abu Dhabi Police Motorcycle Fleet Based on a Comparable U.S. Ratio

    Population of NYC 8,258,000
    Number of Police Motorcycles 115
    Number of People per Motorcycle 71,809
    Population of Abu Dhabi 3,800,000
    No. of Police Motorcycles approx. 53

    Table 5 – Estimated eScooter Demand in Abu Dhabi Based on Annual Number of Hotel Guests

    No. Hotel Guests in Abu Dhabi Annually: 5,811,000
       
    Scenario:  
    Number of Tourists Renting Annually (10%) 581,100
    Rentals per day 1,592
    Average Rentals per Scooter per Day 4
    eScooters Required 398

    The MIL Network –

  • MIL-OSI: Beam Global and Platinum Group UAE Sign Joint Venture Agreement Creating Beam Middle East LLC

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 26, 2025 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it has entered into a joint venture agreement with the Platinum Group LLC, based in the United Arab Emirates (UAE). Chaired by His Royal Highness, Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan, the Platinum Group UAE is recognized for its well-established and trusted relationships across government and industry.

    Beam Global and the Platinum Group will form a new entity, Beam Middle East LLC, which will sell and manufacture Beam Global’s patented sustainable infrastructure solutions for transportation electrification, energy storage, energy security, and smart city development across the Middle East and African regions. This joint venture supports Beam Global’s strategy of geographic diversification by opening new markets and creating opportunities for revenue growth outside the United States. Beam Global, Beam Europe, and now Beam Middle East will each sell and manufacture the company’s full portfolio of patented sustainable technology solutions.

    “The Platinum Group is an organization of the highest reputation, influence and relationships in Abu Dhabi and the surrounding region. They are a perfect partner to accelerate Beam Global’s growth in the Middle East and Africa,” said Desmond Wheatley, CEO of Beam Global. “With planned spending on sustainable infrastructure in the region projected to reach $75.6 billion by 2030, we believe that Beam Global’s patented technology combined with Platinum’s unrivalled position should create a platform for growth which we are uniquely able to leverage. Platinum’s relationships with the best companies in the region and their government contacts, including at the highest level in the UAE and with entities like Masdar City, will allow Beam Middle East to secure direct audiences with top decision makers. Our technology is ideal for the region’s current and future plans, but this is a region where relationships matter just as much as products and solutions. That is why our joint venture with Platinum is so ideal – Beam’s tried and tested clean-technology solutions and Platinum’s influence and relationships form a combination that ticks all the boxes and is without rivals.”

    “The Platinum Group seeks out the highest quality, most timely and relevant companies in each of the industries we target. Beam Global’s unique and patented products are ideally suited to provide value to governments and businesses, as the Gulf region and beyond transitions to clean and sustainable technologies,” said Dr Ali Nasser Sultan Al Yahbouni Al Daheri, CEO of Platinum Group. “We are looking forward to ensuring that our new joint venture with Beam Global, forming Beam Middle East, is a highly successful enterprise with wins in the Middle East and increasingly in Africa. With abundant sunshine and fast-growing adoption of electric vehicles (EVs), renewables, and energy storage, the region is perfect for Beam Global’s solutions. Energy security and Smart Cities solutions like those offered by Beam Middle East are at the forefront of government planning. Our timing is right, and our partnership is formed on mutual benefit from growth and success. We are delighted to have Beam Global as part of our growing family of businesses.”

    Middle East Market Overview Across Five Key Markets: UAE, Saudi Arabia, Qatar, Oman, and Jordan

    • The number of EVs in the region is projected to grow from approximately 69.0 thousand in 2024 to approximately 1.5 million by 2030 (Table 1), representing a compound annual growth rate (CAGR) of 66.6%.
    • Assuming a 5.0% share of regional chargers using EV ARC™ units, the addressable revenue could reach $516.5 million by 2030.
    • If eBikes account for just 5.0% of total EV volume and follow the same growth trajectory (Table 2), BeamBike™ units could represent a $245.0 million revenue opportunity in the region by 2030.

    Middle East Market Overview: Abu Dhabi Case Study

    • The UAE eBike market is projected to reach $443.8 million by 2030. Assuming 15.0% of that spend goes toward charging infrastructure, and that Abu Dhabi accounts for 35.0% of the national market based on population, the addressable eBike charger market for BeamBike™ in Abu Dhabi is approximately $23.3 million.
    • A streetlight-to-population ratio based on New York City, applied to Abu Dhabi’s estimated 3.8 million residents (Table 3), suggests BeamSpot™ units could represent a potential revenue opportunity of approximately $322.1 million assuming a market penetration of 5.0%.
    • Using Abu Dhabi’s population and a comparable U.S. Police motorcycle fleet ratio (Table 4), the opportunity to electrify local law enforcement fleets with BeamPatrol™ units is estimated at approximately $2.4 million.
    • With over 5.8 million annual hotel guests, Abu Dhabi also offers a strong use case for BeamSkoot™ at resorts, both for logistics and recreational purposes. Assuming adoption rates of 10.0% (Table 5), the potential revenue opportunity for BeamSkoot™ units could reach approximately $10.0 million.

    The above scenarios are estimates only, based upon market data taken from internet resources. Beam Global believes these case studies can be replicated in other markets across the Middle East and Africa.

    Key Terms of the Agreement
    Beam Middle East LLC will be a 50/50 joint venture between Beam Global and Platinum Group UAE, incorporated in Abu Dhabi. Beam Global will license its proprietary technologies to the joint venture and support it with incoming opportunities, training, marketing materials, and procurement assistance. Platinum Group will leverage its existing relationships at the highest levels, coordinate local sales, provide experienced and influential business development professionals, and establish manufacturing capabilities efficiently and inexpensively. Both parties will collaborate on the development of a regional manufacturing facility for the products. Beam Middle East will be headquartered in Masdar City, a pioneering sustainable urban community and world-class business and technology hub, where Platinum Group has recently signed an agreement. Masdar City is located in Abu Dhabi, the capital of the UAE, strategically positioned at the center of the country’s drive toward a net-zero future by 2050.

    About Platinum Group UAE
    Platinum Group UAE is a diversified, multi-billion-dollar conglomerate operating in energy, real estate, finance and investing, healthcare, information technology, sports and entertainment, food services and legal services in the Emirate of Abu Dhabi, United Arab Emirates. Chaired by His Royal Highness Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan, son of the former ruler of Abu Dhabi, the Group is recognized for its well-established and trusted relationships across government and industry. Platinum Group UAE is headquartered in Abu Dhabi, with offices in Dubai and Sharjah. For more information visit, PlatinumGroupUAE.com.

    About Beam Global
    Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Broadview, IL and Belgrade and Kraljevo, Serbia. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit, BeamForAll.com, LinkedIn, YouTube, Instagram and X (formerly Twitter).

    Forward-Looking Statements
    This press release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “potential,” “will,” “would,” “could,” “should,” “may,” or similar expressions. These statements include, but are not limited to, statements regarding the expected benefits, market potential, and future operations of Beam Middle East LLC; anticipated revenue opportunities in the Middle East and African regions; projections regarding electric vehicle and infrastructure market growth; and strategic goals and international expansion plans of Beam Global.

    These forward-looking statements are based on current assumptions and expectations that are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the statements. Factors that may cause such differences include, among others, risks associated with entering new markets and joint ventures, including regulatory and operational challenges; risks relating to the adoption of EV technologies and infrastructure in foreign jurisdictions; the ability to develop and scale manufacturing capabilities in the region; the effectiveness of partnerships; and general economic, political, and business conditions in the Middle East and Africa. Additional risks and uncertainties are detailed in Beam Global’s filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

    Beam Global disclaims any obligation to update or revise these forward-looking statements, except as required by law.

    Media Contact
    Andy Lovsted
    +1 858-327-9123
    Press@BeamForAll.com

    Investor Relations
    Luke Higgins
    +1 858-261-7646
    IR@BeamForAll.com

    Appendix 1 – Sources for Middle East Market Overview Sections

    Table 1 – Projected Growth of EV Adoption in the Middle East

      Number of EVs in 2024 Number of EVs in 2030
    Countries:    
    UAE 28,000 42,000
    Saudi Arabia 23,170 1,300,000
    Qatar 5,624 75,167
    Oman 2,200 13,500
    Jordan 10,000 45,000
         
    Total Number of EVs: 68,994 1,475,667

    Table 2 – Projected Growth of eBike Adoption in the Middle East Assuming 5% EV Market Share

      Number of eBikes in 2024 Number of eBikes in 2030
    Countries:    
    UAE 1,400 2,100
    Saudi Arabia 1,159 50,000
    Qatar 281 3,758
    Oman 110 675
    Jordan 500 2,250
         
    Total Number of eBikes: 3,450 58,783


    Table 3 – Estimated Number of Streetlights in Abu Dhabi Based on New York City’s Streetlight-to-Population Ratio

    Population of NYC 8,258,000
    Number of Street Lights 400,000
    Number of Street Lights per Person 21
    Population of Abu Dhabi 3,800,000
    Number of Street Lights approx. 180,952

    Table 4 – Estimated Size of Abu Dhabi Police Motorcycle Fleet Based on a Comparable U.S. Ratio

    Population of NYC 8,258,000
    Number of Police Motorcycles 115
    Number of People per Motorcycle 71,809
    Population of Abu Dhabi 3,800,000
    No. of Police Motorcycles approx. 53

    Table 5 – Estimated eScooter Demand in Abu Dhabi Based on Annual Number of Hotel Guests

    No. Hotel Guests in Abu Dhabi Annually: 5,811,000
       
    Scenario:  
    Number of Tourists Renting Annually (10%) 581,100
    Rentals per day 1,592
    Average Rentals per Scooter per Day 4
    eScooters Required 398

    The MIL Network –

  • MIL-OSI Asia-Pac: Commissioner for Belt and Road leads delegation to Indonesia and Malaysia to promote Hong Kong’s professional services

    Source: Hong Kong Government special administrative region

         The Commissioner for Belt and Road, Mr Nicholas Ho, led a delegation to Indonesia and Malaysia to promote Hong Kong’s professional services related to infrastructure and construction and to explore opportunities for co-operation. The visit concluded today (June 26).
     
         The delegation visited Jakarta, Indonesia, on June 23 and 24, and Kuala Lumpur, Malaysia, on June 25 and 26 to meet with government officials, business leaders and representatives of professional organisations and enterprises of the two places.
     
         The delegates visited the Daya Anagata Nusantara Investment Management Agency and the Investment Coordinating Board in Indonesia, as well as the Public Private Partnership Unit of the Prime Minister’s Department and the Malaysian Investment Development Authority in Malaysia, to learn about the latest economic and infrastructure developments in the two places. While in Malaysia, they also met with the Minister of Transport of Malaysia, Mr Loke Siew Fook, to exchange views and understand the planning and development of Malaysia’s transportation system, with a view to exploring opportunities for Hong Kong’s professional services to participate and contribute.
      
         In addition, the delegation attended presentations of signature projects in the two places, directly connecting with representatives of local enterprises to explore commercially viable investment and co-operation. They also attended business luncheons hosted in the two places by the Belt and Road Office with the support of the Hong Kong Economic and Trade Office in Jakarta to promote Hong Kong’s business advantages to around 200 local business leaders. Apart from the delegates, around 20 representatives from Hong Kong enterprises and organisations also took part in some of the exchange sessions. During the visit period, Hong Kong representatives signed 21 Memoranda of Understanding with their partners in Indonesia and Malaysia, covering such areas as business collaboration and exchanges in professional services.
     
         During the stay in Jakarta, Mr Ho also visited a data centre, an investment development project of a Hong Kong company, to learn about how the data centre contributes to the development of the Digital Silk Road in promoting connectivity.
     
         Mr Ho said, “The Association of Southeast Asian Nations is Hong Kong’s second-largest trading partner and a key link in the Belt and Road Initiative. Indonesia and Malaysia are both undergoing rapid infrastructure development, and there is huge demand for professional services in large-scale projects such as the new capital city of Nusantara in Indonesia and the mass rapid transit system in Malaysia. Hong Kong, as a ‘super connector’ and a ‘super value-adder’, is connected to international standards in fields such as financing, law, construction engineering, project management, logistics and transportation, and innovative technology. We also have a deep pool of professionals with experience especially in taking forward public-private partnerships in infrastructure projects, presenting extensive room for collaboration with Indonesia and Malaysia to seize the opportunities brought by the Belt and Road Initiative.”
     
         He added that as an international financial and trade centre, Hong Kong possesses the advantages of convergence of capital and talent, and is committed to giving full play to its role as a functional platform for the Belt and Road, striving for solid progress in pursuing high-quality Belt and Road co-operation. As announced in “The Chief Executive’s 2024 Policy Address”, the Government will continue to pay visits and lead business and professional services delegations to priority markets such as Belt and Road countries.
     
         The delegation comprises around 20 representatives from professional services and commercial sectors, including small and medium-sized enterprises. The visit is supported by the Professionals Participation Subsidy Programme under the Government’s Professional Services Advancement Support Scheme. Hong Kong professionals from eligible professional sectors can apply for the subsidy to join the visit to promote Hong Kong’s competitive edges and professional services.

    MIL OSI Asia Pacific News –

  • MIL-OSI China: China remains ‘thriving land’ in global economy: Premier Li

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

    BEIJING, June 26 — Premier Li Qiang said on Thursday that China’s economy will remain a thriving land in the global economy, and the expansion and upgrading of the massive Chinese market will keep generating significant dividends, offering greater trade and investment opportunities for other countries.

    Speaking at the opening ceremony of the 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) Board of Governors, Li affirmed China’s commitment to high-standard opening up and its ongoing deep integration into the global economy, a move set to create fresh development opportunities worldwide.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Mainland-listed software provider establishes international headquarters in Hong Kong to “go global” (with photo)

    Source: Hong Kong Government special administrative region

    Mainland-listed software provider establishes international headquarters in Hong Kong to “go global” (with photo)
         Associate Director-General of Investment Promotion Mr Charles Ng welcomed the decision of Information2 Software to set up its international headquarters in Hong Kong. He said, “As an international business and financial hub, Hong Kong attracts multinational corporations and small and medium-sized enterprises to set up their presence in the city. They have a strong demand for reliable, stable, and secure disaster recovery backup systems to prevent data breaches and cyber attacks, providing huge business opportunities for software providers like Information2 Software. Hong Kong is the perfect base for their internationalisation.”

         The Chairman and Chief Executive Officer of Information2 Software, Mr Justin Hu, said, “The Hong Kong office not only provides better services to customers in Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area, but also deepens our co-operation with local partners to provide more local market-oriented support. The city is also our starting point to expand into the Southeast Asian and global markets. We can leverage its international legal framework and financial services system to facilitate our ‘going global’ strategy.”

         Mr Hu added, “Hong Kong has an open, efficient, and internationalised market, making it our first stop to expand globally. We hope to leverage the city’s unique advantages to establish an international platform for our operations. We position Hong Kong as the headquarters for our overseas business, with future plans to develop it into an international market and a research and development base for international talent, further building a comprehensive marketing and service system, and making it a key foundation in our global strategic plans.”

         Listed on the Shanghai Stock Exchange’s Science and Technology Innovation Board (STAR Market) in January 2023, Information2 Software is a leading provider of data backup and disaster recovery on the Mainland. The company has established over 30 outlets on the Mainland. Mr Hu said, “In recent years, we have been continuously advancing our global layout. With its highly open business environment, sound legal system, mature financial system, and multilingual, diversified talent pool, Hong Kong is our ideal platform to further serve international customers and expand overseas markets.”

         For more information about Information2 Software, please visit www.info2soft.com    
         To get a copy of the photo, please visit     www.flickr.com/photos/investhk/albums/72177720327086216Issued at HKT 16:45

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI: Altcoin Season Officially Begins With Bitcoin Solaris: The Bitcoin Alternative Creating a New Wealthy Class

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 26, 2025 (GLOBE NEWSWIRE) — crypto world has seen its fair share of trends, seasons, and tokens that promised to change the financial landscape. But this time, something feels different. Investors are not just chasing hype. They’re analyzing architecture, technology, and long-term sustainability. As altcoin season kicks off again, one name is echoing louder across communities, forums, and influencer breakdowns: Bitcoin Solaris. It is not a meme coin. It’s not a pump-and-dump. It is the foundation of what could be crypto’s next generational wealth movement.

    Engineered for the Future: Bitcoin Solaris as a Scalable Financial Platform

    Bitcoin Solaris is designed from the ground up to meet the demands of today’s digital economy. Built for speed, efficiency, and accessibility, it aims to power a new era of decentralized finance and utility-driven crypto engagement.

    With native support for smart contracts, seamless scalability, and an energy-efficient framework, Bitcoin Solaris empowers everyday users and seasoned investors alike. Whether through mining, staking, or application deployment, the platform delivers real-world usability that aligns with long-term adoption goals.

    By focusing on innovation, inclusion, and sustainability, Bitcoin Solaris opens a new economic path for those seeking reliable blockchain infrastructure and meaningful participation in the crypto economy.

    Why Bitcoin Solaris Is Leading This Altcoin Season

    Bitcoin Solaris (BTC-S) isn’t climbing the charts by chance. It is engineered for performance, adoption, and wealth distribution. The upcoming Solaris Nova App is a breakthrough move, letting anyone mine from their mobile phone or laptop without needing expensive gear or deep technical knowledge. This isn’t theoretical. Through the exciting release of the app, Bitcoin Solaris is shifting the mining landscape into something accessible and instantly rewarding.

    But accessibility is just the beginning. Behind BTC-S lies a double-layered engine:

    • The Base Layer uses Proof of Work (PoW) combined with Proof of Contribution (PoC) to ensure rock-solid decentralization.
    • The Application Layer utilizes Proof of History (PoH) and Proof of Time (PoT), allowing 10,000 transactions per second with a finality speed of just 2 seconds.

    This dual-consensus approach gives Bitcoin Solaris unmatched versatility and scalability.

    • Network processes 10,000+ TPS with near-instant settlement.
    • Smart contracts are programmable across multiple use cases, including DeFi, gaming, and payments.
    • Energy efficiency is enhanced by design, reducing unnecessary consumption.
    • Validator rotation ensures fairness and network resilience.

    All of this is powered by a limited 21 million token supply, echoing Bitcoin’s iconic scarcity principle while improving every other layer of functionality.

    Mining as a Path to Wealth

    Mining Bitcoin Solaris doesn’t require a warehouse of GPUs or sky-high electricity bills. Thanks to its design, mining is directly tied to holding BTC-S, which reduces sell pressure and strengthens the network. This circular model means that the more engaged the community, the more sustainable the system.

    Anyone can estimate their potential profits using the Bitcoin Solaris mining calculator, which gives real-time insights based on token holdings and participation.

    This user-centric mining approach has already gained massive interest. Influencer breakdowns, like the detailed review from Crypto Show, highlight how BTC-S bridges the gap between decentralization, accessibility, and profitability.

    The Explosive Rise of the Presale

    The current phase of the Bitcoin Solaris presale is causing serious waves. With the price now at $9 and less than 6 weeks left before the launch at $20, urgency is in the air. Over 12,300 users have already joined the movement. It’s not just one of the most talked-about presales in 2025. It is shaping up to be one of the most explosive in crypto history.

    Newcomers entering now can still lock in an 7 percent bonus. Early-stage buyers have already seen remarkable growth. The momentum keeps building as funds raised surpass $5 million, and the Bitcoin Solaris presale continues attracting the kind of FOMO most projects only dream of. You can learn more and join the growing ecosystem via the official Bitcoin Solaris website.

    The Referral Program: A Wealth Accelerator

    Bitcoin Solaris has also structured one of the smartest community-driven campaigns through its referral system. Referrers earn a 5 percent BTC-S bonus on every purchase through their link, while the invited participants also receive a 5 percent bonus on their purchase. It’s a double-reward design that encourages growth and inclusivity.

    Add to that the daily mini games introduced by bitcoin solaris for holders to earn free prizes on a daily basis, the earning potential is just limitless.

    Long-Term Strength: Audits, Ecosystem, and Stability

    Bitcoin Solaris is not flying under the radar. The platform has passed full security audits by both Cyberscope and Freshcoins, which adds confidence in its code and operations. Meanwhile, its Telegram and X channels keep users connected and informed, giving BTC-S the transparency needed for long-term engagement.

    Another reason this project is becoming a pillar of altcoin season is how carefully it was structured post-launch. Its price stability model includes:

    • A mining-first token distribution, with over 66 percent of tokens reserved for long-term contributors.
    • A fixed 21 million supply that mimics Bitcoin while rewarding network participants.
    • Controlled exchange listings to prevent fragmentation and maintain liquidity.

    All these aspects contribute to one thing: Bitcoin Solaris isn’t trying to be the next meme. It is focused on building the next financial infrastructure layer.

    Final Verdict

    Bitcoin Solaris is positioned at the intersection of accessibility, innovation, and community. As the altcoin season unfolds, its presale success, user-focused mining app, and strong technical foundation are making it one of the most compelling opportunities of 2025.

    Whether you’re new to crypto or a seasoned investor, Bitcoin Solaris offers a gateway to the next era of decentralized wealth-building.

    Learn More and Join the Movement
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c59a561a-ef05-40c3-893e-24adcf9e9cca

    https://www.globenewswire.com/NewsRoom/AttachmentNg/85b0aa6d-27cc-4fc3-bc04-0a61402742a8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5cbe5ba3-bf57-4692-8426-2eb8dba166da

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd4a2bf0-23e7-40fb-8b8d-da80618ea174

    The MIL Network –

  • MIL-OSI: Altcoin Season Officially Begins With Bitcoin Solaris: The Bitcoin Alternative Creating a New Wealthy Class

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 26, 2025 (GLOBE NEWSWIRE) — crypto world has seen its fair share of trends, seasons, and tokens that promised to change the financial landscape. But this time, something feels different. Investors are not just chasing hype. They’re analyzing architecture, technology, and long-term sustainability. As altcoin season kicks off again, one name is echoing louder across communities, forums, and influencer breakdowns: Bitcoin Solaris. It is not a meme coin. It’s not a pump-and-dump. It is the foundation of what could be crypto’s next generational wealth movement.

    Engineered for the Future: Bitcoin Solaris as a Scalable Financial Platform

    Bitcoin Solaris is designed from the ground up to meet the demands of today’s digital economy. Built for speed, efficiency, and accessibility, it aims to power a new era of decentralized finance and utility-driven crypto engagement.

    With native support for smart contracts, seamless scalability, and an energy-efficient framework, Bitcoin Solaris empowers everyday users and seasoned investors alike. Whether through mining, staking, or application deployment, the platform delivers real-world usability that aligns with long-term adoption goals.

    By focusing on innovation, inclusion, and sustainability, Bitcoin Solaris opens a new economic path for those seeking reliable blockchain infrastructure and meaningful participation in the crypto economy.

    Why Bitcoin Solaris Is Leading This Altcoin Season

    Bitcoin Solaris (BTC-S) isn’t climbing the charts by chance. It is engineered for performance, adoption, and wealth distribution. The upcoming Solaris Nova App is a breakthrough move, letting anyone mine from their mobile phone or laptop without needing expensive gear or deep technical knowledge. This isn’t theoretical. Through the exciting release of the app, Bitcoin Solaris is shifting the mining landscape into something accessible and instantly rewarding.

    But accessibility is just the beginning. Behind BTC-S lies a double-layered engine:

    • The Base Layer uses Proof of Work (PoW) combined with Proof of Contribution (PoC) to ensure rock-solid decentralization.
    • The Application Layer utilizes Proof of History (PoH) and Proof of Time (PoT), allowing 10,000 transactions per second with a finality speed of just 2 seconds.

    This dual-consensus approach gives Bitcoin Solaris unmatched versatility and scalability.

    • Network processes 10,000+ TPS with near-instant settlement.
    • Smart contracts are programmable across multiple use cases, including DeFi, gaming, and payments.
    • Energy efficiency is enhanced by design, reducing unnecessary consumption.
    • Validator rotation ensures fairness and network resilience.

    All of this is powered by a limited 21 million token supply, echoing Bitcoin’s iconic scarcity principle while improving every other layer of functionality.

    Mining as a Path to Wealth

    Mining Bitcoin Solaris doesn’t require a warehouse of GPUs or sky-high electricity bills. Thanks to its design, mining is directly tied to holding BTC-S, which reduces sell pressure and strengthens the network. This circular model means that the more engaged the community, the more sustainable the system.

    Anyone can estimate their potential profits using the Bitcoin Solaris mining calculator, which gives real-time insights based on token holdings and participation.

    This user-centric mining approach has already gained massive interest. Influencer breakdowns, like the detailed review from Crypto Show, highlight how BTC-S bridges the gap between decentralization, accessibility, and profitability.

    The Explosive Rise of the Presale

    The current phase of the Bitcoin Solaris presale is causing serious waves. With the price now at $9 and less than 6 weeks left before the launch at $20, urgency is in the air. Over 12,300 users have already joined the movement. It’s not just one of the most talked-about presales in 2025. It is shaping up to be one of the most explosive in crypto history.

    Newcomers entering now can still lock in an 7 percent bonus. Early-stage buyers have already seen remarkable growth. The momentum keeps building as funds raised surpass $5 million, and the Bitcoin Solaris presale continues attracting the kind of FOMO most projects only dream of. You can learn more and join the growing ecosystem via the official Bitcoin Solaris website.

    The Referral Program: A Wealth Accelerator

    Bitcoin Solaris has also structured one of the smartest community-driven campaigns through its referral system. Referrers earn a 5 percent BTC-S bonus on every purchase through their link, while the invited participants also receive a 5 percent bonus on their purchase. It’s a double-reward design that encourages growth and inclusivity.

    Add to that the daily mini games introduced by bitcoin solaris for holders to earn free prizes on a daily basis, the earning potential is just limitless.

    Long-Term Strength: Audits, Ecosystem, and Stability

    Bitcoin Solaris is not flying under the radar. The platform has passed full security audits by both Cyberscope and Freshcoins, which adds confidence in its code and operations. Meanwhile, its Telegram and X channels keep users connected and informed, giving BTC-S the transparency needed for long-term engagement.

    Another reason this project is becoming a pillar of altcoin season is how carefully it was structured post-launch. Its price stability model includes:

    • A mining-first token distribution, with over 66 percent of tokens reserved for long-term contributors.
    • A fixed 21 million supply that mimics Bitcoin while rewarding network participants.
    • Controlled exchange listings to prevent fragmentation and maintain liquidity.

    All these aspects contribute to one thing: Bitcoin Solaris isn’t trying to be the next meme. It is focused on building the next financial infrastructure layer.

    Final Verdict

    Bitcoin Solaris is positioned at the intersection of accessibility, innovation, and community. As the altcoin season unfolds, its presale success, user-focused mining app, and strong technical foundation are making it one of the most compelling opportunities of 2025.

    Whether you’re new to crypto or a seasoned investor, Bitcoin Solaris offers a gateway to the next era of decentralized wealth-building.

    Learn More and Join the Movement
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c59a561a-ef05-40c3-893e-24adcf9e9cca

    https://www.globenewswire.com/NewsRoom/AttachmentNg/85b0aa6d-27cc-4fc3-bc04-0a61402742a8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5cbe5ba3-bf57-4692-8426-2eb8dba166da

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd4a2bf0-23e7-40fb-8b8d-da80618ea174

    The MIL Network –

  • MIL-OSI Africa: Democratic Republic of Congo’s (DRC) Minister of Hydraulic Resources, Electricity Joins African Mining Week


    Download logo

    Teddy Lwamba, Minister of Hydraulic Resources and Electricity of the Democratic Republic of Congo (DRC), has confirmed his participation as a speaker at African Mining Week (AMW), taking place from October 1–3, 2025, in Cape Town under the theme, From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth.

    Minister Lwamba will join the panel, Powering Africa’s Mining Operations with Renewables, highlighting the DRC’s efforts to integrate renewable energy and modern infrastructure into its mining value chain.

    AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    The event provides a strategic platform for Minister Lwamba to emphasize growing collaboration between the mining and power sectors, aimed at unlocking the DRC’s estimated $24 trillion in untapped mineral wealth. The DRC is currently the world’s leading cobalt producer, accounting for over 70% of global supply, and Africa’s largest copper producer.

    In June 2025, the DRC began construction of the 64 MW Katende Hydroelectric Power Plant (http://apo-opa.co/3FY1EQV), set to power key mining areas including Kananga, Bunkonde, Tshimbulu and Mbuji-Mayi. In partnership with the African Development Bank’s Mission 300 energy access initiative, the DRC aims to triple GDP by expanding electricity access for residential, industrial, and mining users. Through the $340 million Moyi Power Metro-Grids project (http://apo-opa.co/4ehPCOS), the government will also deliver reliable electricity to over one million people and businesses in Bumba, Isiro and Gemena.

    Further advancing the country’s energy ecosystem, a $634 million government-backed program (http://apo-opa.co/4eFqxhf) – supported by the World Bank and Green Climate Fund – was launched in March 2025 to expand generation capacity and rehabilitate transmission networks across 14 towns.

    Under Minister Lwamba’s leadership, the Ministry has also fostered an enabling environment for private investment. Canadian mining firm Ivanhoe Mines (http://apo-opa.co/4erkLQa) has committed $200 million to stabilize the southern DRC grid, while mining firms including CMOC and ERG are investing in dedicated on-site generation and transmission infrastructure.

    AMW 2025 presents a timely opportunity for Minister Lwamba to engage with key energy and mining stakeholders and forge new partnerships to scale up infrastructure and drive sectoral growth. His participation also reinforces the DRC’s commitment to sustainable resource development and regional energy cooperation.

    Distributed by APO Group on behalf of Energy Capital & Power.

    MIL OSI Africa –

  • MIL-OSI Africa: Ghana: The 2024 Consolidated MDAS Annual Budget Performance Report


    Download logo

    The years prior to 2024 proved to be very difficult globally. In Ghana, we saw the most ignoble deterioration of the economy and broader societal well-being. Inflation galloped, exchange rate depreciated sharply and remained volatile. Interest rates rose and credit became simply unaffordable. Ghana, therefore had no option but to seek support from the IMF through the Extended Credit Facility (ECF) programme on the heels of an expansive domestic and external debt restructuring which had severe consequences.

    In that context, the year 2024, being an election year, was uniquely significant. The Government set for itself macro-economic targets focused on re-anchoring fiscal and debt sustainability. The promise was to course-correct the misalignment in key indicators to support the economy.

    Despite the progress made under the IMF programme, the macroeconomic environment remained fragile. The economy remained fragile, with 2024 recording significant fiscal slippages. The Primary deficit worsened, and the year ended with accumulation of huge central government arrears amounting to GH¢67.5 billion representing 5.7 percent of GDP.

    The lessons from this challenging national economic experience are there for everyone: fiscal slippages are costly and far-reaching. These experiences validate the prudence in requiring the preparation of the Annual Budget Performance Report (BPR) as part of the Public Financial Management Act, 2016 (Act 921), as amended. Beyond meeting the requirements of the PFM Act, the BPR enables us to assess the performance and impact of our policy choices and take corrective measures where necessary. Furthermore, in accordance with the provisions of Section 27 of the PFM Act, stakeholders will receive updates on the actions taken to implement the recommendations of Parliament in respect of the report of the Auditor-General as well as updates on multi-year expenditure undertaken in 2024.

    I must state that the key lessons from this BPR will guide our choices in the post-2024 era as we work to reset economy towards the Ghana we want. We must, and we will, build a new culture that promotes and sustains fiscal discipline.

    As is always the case, this BPR is the product of cross-sectoral collaborations. The Ministry of Finance is thankful to the Ministries, Departments and Agencies who provided critical inputs and validated information. The efforts of the staff of this Ministry, who have coordinated the preparation of this BPR, are also acknowledged. Your sense of professionalism and commitment to the national cause is indeed endearing. As a Ministry, we will stand ready to provide clarification and respond to any related queries through the established channels, including the Right to Information Platform.

    A new era is upon us. We have a great opportunity to rewrite our most recent economic history in a positive light. Let us join forces and work together to build the Ghana we want. It is our promise and duty to do so.

    Distributed by APO Group on behalf of Ministry of Finance – Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Europe: EIB provides €107.5 million to back security and defence in Italy

    Source: European Investment Bank

    ©Don Jackson/ Unsplash

    • The EIB financing will contribute to the purchase of helicopters for the Italian army.
    • This is the third agreement between the EIB, the Italian Ministry of Economy and Finance and the Italian Ministry of Defence.

    The European Investment Bank (EIB) has signed a new strategic agreement with the Ministry of Economy and Finance and the Ministry of Defence, with the goal of further strengthening Italy’s security and defence capabilities.

    The operation is part of the EIB’s broader commitment to European security and defence. It recently expanded its eligibility criteria to backing military projects, in line with EU priorities.

    The loan will be disbursed to the Ministry of Economy and Finance, which will then channel the EIB resources to the Ministry of Defence. The favourable conditions offered by the EIB on international markets mean that the loan will enable the Italian government to make substantial interest savings over the 20-year term.

    This is the third agreement of its kind between the EIB, the Ministry of Economy and Finance and the Ministry of Defence In 2022, the EIB provided €240 million to finance the purchase of 16 light helicopters for the Italian Carabinieri and upgrades to the national air traffic control system, while in 2020, it provided €220 million to build three hydro-oceanographic vessels.

    “This agreement shows the EIB’s growing commitment to supporting European security and defence, and is the result of ongoing fruitful dialogue with the Italian government to promote strategic investments strengthening the competitiveness and security of Italy,” said EIB Vice-President Gelsomina Vigliotti. “We will continue to work side by side with our partners to safeguard the strategic autonomy of the European Union.”

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight key priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. The EIB Group, which also includes the European Investment Fund (EIF), signed over 900 projects worth nearly €89 billion in 2024, boosting Europe’s competitiveness and security. The EIB Group signed 99 operations totalling €10.98 billion in Italy in 2024, helping to unlock almost €37 billion of investment in the real economy. All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment. Fostering market integration and mobilising investment, the funds made available by the Group unlocked over €100 billion in new investment for Europe’s energy security in 2024 and mobilised a further €110 billion for startups and scale-ups. Around half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

    MIL OSI Europe News –

  • MIL-OSI Europe: France: Gatewatcher secures €25 million EIB investment to accelerate growth and reinforce European cyber resilience

    Source: European Investment Bank

    • The EIB is backing Gatewatcher’s ambition to strengthen Europe’s technological sovereignty.
    • The French firm, recently named the only “Visionary” in the Gartner® Magic Quadrant for network detection and response (NDR), will use the funding to boost innovation and continue to expand internationally.
    • This transaction is part of the EIB Group’s ever-stronger commitment to security and defence, as reaffirmed by the Board of Governors at their annual meeting on 20 June.  

    Marking its largest venture debt investment in cybersecurity to date, the European Investment Bank (EIB) has granted a €25 million financing facility to Gatewatcher, a French company recognised as a European leader in cyber threat detection. Gatewatcher has developed an advanced network detection and response (NDR) platform that combines artificial intelligence and threat intelligence to deliver real-time visibility across all digital environments. The funds will accelerate the development of Gatewatcher’s advanced detection technologies and support its international expansion in a context of rising cyber threats and renewed focus on European autonomy.

    EIB Vice-President Ambroise Fayolle said: “Cybersecurity is a strategic sector within the defence industry. Having the capability to prevent cyberattacks, safeguard the integrity of infrastructure and data, and identify those responsible for attacks is now imperative for Europe’s security and the competitiveness of our economies. We are therefore proud to support the development of a company like Gatewatcher, which is fully dedicated to cybersecurity and whose results are already promising. The project is also fully in line with the EIB’s new strategy to finance the European security and defence sector.”

    “This investment is a strong signal of trust from a major European institution. It represents a shared commitment to building a secure, digital future,” said CEO and founder of Gatewatcher Jacques de La Rivière. “This financing allows us to pursue our innovation efforts for our clients and partners, while accelerating the market launch of our latest AI solution. Our ambition is clear: to bring cutting-edge threat detection technologies to the broadest possible market, while contributing to the emergence of a robust European cybersecurity industry. This next phase of growth is first and foremost a collective one, driven by our teams and guided by a sense of responsibility to our ecosystem.”

    The financing comes as Gatewatcher marks its tenth anniversary and continues to scale across Europe, Middle East, Asia and Africa. A pioneer in large-scale fundraising within the European cybersecurity sector, Gatewatcher is confirming its long-term vision, strategic independence and strength in a fiercely competitive global market with this new milestone. Its inclusion as the only fully European vendor, and the sole “Visionary” in the 2024 Gartner® Magic Quadrant for network detection and response further confirms its role as a key player in Europe’s cyber defence ecosystem. Today, Gatewatcher’s technologies protect hundreds of public and private organisations, including critical infrastructure operators, governments and enterprises.

    For the EIB Group, this transaction confirms its commitment to security and defence, just a few days after the Bank’s annual Board of Governors meeting on 20 June, where the 27 EU Member States approved the plan to increase the financing volume for 2025 to an unprecedented level of up to €100 billion. This revised ceiling will notably enable 3.5% of total financing to be dedicated to European security and defence. Further information on the EIB Group’s financing of security and defence projects is available here.

    Background information

    About EIB:

    The European Investment Bank (EIB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives. The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security. In France, the EIB Group signed more than 100 operations in 2024 for a total amount of €12.6 billion, which made it possible to mobilise €62 billion in investments in the real economy. Nearly 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation and adaptation.

    About Gatewatcher:

    Gatewatcher, a leader in cyber threat detection, has been protecting the networks of businesses and public institutions, including the most critical ones, since 2015. The Gatewatcher NDR Platform (network detection and response) combines artificial intelligence, dynamic and behavioural analytics techniques, and contextualised cyber threat intelligence (CTI). This enables unified, comprehensive visibility, real-time detection and mapping of systems, and an automated, prioritised response to attacks. Deployed across cloud, on-premise or sensitive infrastructure, and compatible with information technology, operational technology and internet of things environments, it secures all critical assets while streamlining operations through its integrated AI assistant. Gatewatcher combines technological power with operational peace of mind to align cybersecurity with your business objectives. 

    MIL OSI Europe News –

  • MIL-OSI Europe: Where climate change and your energy bills meet

    Source: European Investment Bank

    In 2020, the European Investment Bank signed a €20 million loan to help the Polish city of Szczecin build and refurbish residential buildings for energy efficiency and comfort. This project is part of larger urban regeneration programme in the historic part of the city that limits vehicle traffic, encourages cycling and aims to attract more retailers.

    Grażyna Szotkowska, president of the board for one of two housing agencies in Szczecin that used some of the funding from this loan, says the city is a leader in cutting emissions in housing. That’s because many of its big residential buildings are connected to the city’s central heating, rather than having small boilers in every apartment.

    “We also are adding thick layers of insulation to many social housing buildings,” Szotkowska says. “Most importantly, they are getting triple-glazed windows, which are highly efficient in terms of energy loss but also block road noise. Better insulation and windows also mean lower energy consumption, which reduces the costs for the tenants.”

    Lower expenses for homeowners, tenants and building owners is a topic energy experts always mention.

    “Energy improvements are one of the main advantages of housing upgrades, as they help reduce energy bills for households while also cutting carbon emissions,” says Gladys Sevilla, an EIB loan officer who works on housing projects.

    In other words, governments may like energy efficiency because it cuts carbon emissions or because it reduces the need to build new homes to beat the housing crisis. Residents like energy efficiency because it saves them money and increases the value of their homes.

    MIL OSI Europe News –

  • MIL-OSI Security: NATO concludes historic Summit in The Hague

    Source: NATO

    On Wednesday (25 June 2025), NATO concluded a historic Summit in The Hague. Allies reached a decision to invest 5% of GDP in defence – laying the foundation for a strong, united NATO in the years to come – and reaffirming their continued support to Ukraine.

    Leaders came together for a series of events around the NATO Summit in The Hague on 24-25 June. 

    On Tuesday, the Secretary General spoke at the NATO Public Forum – a conference that lasted two days and provided in-person and online audiences with an opportunity to dive into the decisions being made at the Summit, as well as other topics on which NATO is engaged. NATO also hosted a Summit Defence Industry Forum on the 24th that brought together political and military leaders, as well as industry, to advance efforts to boost defence industrial production across the Alliance. 

    On Tuesday evening, the Dutch King Willem-Alexander and Queen Maxima hosted a social dinner for the leaders gathered for the Summit at the historic Huis ten Bosch. In parallel, NATO Defence Ministers held a working dinner, as did NATO Foreign Ministers who met, along with Ukrainian Foreign Minister Andrii Sybiha, for a working dinner of the NATO-Ukraine Council.

    At the formal session of NATO Heads of State and Government on Wednesday, Allied leaders adopted a summit declaration that set a new benchmark for defence investment, underlined the importance of ramping up defence industrial production, and affirmed continued support for Ukraine. With The Hague Defence Investment Plan outlined in the statement, Allies commit to investing 5% of GDP in defence – including 3.5% of GDP on core defence requirements and 1.5% on defence- and security-related investments like infrastructure and industry. This marks a major uplift from the previous benchmark of 2% of GDP.

    “Together, Allies have laid the foundations for a stronger, fairer, more lethal NATO,” the Secretary General stated in a closing press conference. “These decisions will have a profound impact on our ability to do what NATO was founded to do – deter and defend.” Highlighting the challenges to Allied security, the Secretary General underscored, “whether from Russia or terrorism, cyberattacks, sabotage or strategic competition – this Alliance is and will remain ready, willing and able to defend every inch of Allied territory,” explaining that the new pledge would “ensure that our one billion people can continue to live in freedom and security.”

    There were also a number of additional meetings held at the NATO Summit including a meeting of the NATO Secretary General, the President of Ukraine, and the Presidents of the European Council and European Commission; a meeting of the NATO Secretary General, the President of Ukraine, the President of France, the German Chancellor, and the Prime Ministers of Italy, Poland, and the United Kingdom; and a meeting between the NATO Secretary General and NATO’s Indo-Pacific partners. 

    The next NATO Summit is planned for 2026 in Türkiye.

    MIL Security OSI –

  • MIL-OSI: Golar LNG Limited Announces Pricing of $500 Million of 2.75% Convertible Senior Notes Due 2030 and repurchase of 2.5 million common shares

    Source: GlobeNewswire (MIL-OSI)

    Hamilton, Bermuda, June 26, 2025 – Golar LNG Limited (the “Company”) (NASDAQ: GLNG) announces today the pricing of $500 million aggregate principal amount of its 2.75% Convertible Senior Notes due 2030 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company has also granted the initial purchasers of the Notes a 30-day option to purchase up to an additional $75 million aggregate principal amount of the Notes in connection with the offering. The offering is expected to close on June 30, 2025, subject to the satisfaction of certain customary closing conditions.

    The Notes will be senior, unsecured obligations of the Company, bear interest at a rate of 2.75% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2025, mature on December 15, 2030, and be convertible into the Company’s common shares, cash, or a combination of shares and cash, at the Company’s election. The conversion rate for the Notes will initially equal 17.3834 common shares per $1,000 principal amount of the Notes, which is equivalent to an initial conversion price of approximately $57.53 per common share, representing an initial conversion premium of approximately 40% over the volume-weighted average price of the Company’s common shares of $41.09 on June 25, 2025 and is subject to adjustment upon the occurrence of certain events.

    The Notes will be redeemable, in whole or in part (subject to certain limitations), at our option at any time, and from time to time, on or after December 20, 2028 if the last reported sale price of our common shares has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which we provide notice of redemption at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date.

    If we undergo a fundamental change (as defined in the indenture governing the Notes), holders may require us to purchase the Notes in whole or in part for cash at a fundamental change purchase price equal to 100% of the principal amount of the Notes to be purchased, plus accrued and unpaid interest, if any, to, but excluding, the fundamental change purchase date.

    The Company will use the net proceeds from the sale of the Notes (including any notes sold pursuant to the initial purchasers’ option to purchase addition Notes, if exercised) to repurchase 2.5 million of the Company’s common shares in connection with the offering of the Notes and for general corporate purposes, which may include, among other things, future growth investments including a contemplated fourth FLNG unit, MKII FLNG conversion costs, FLNG Hilli redeployment costs, repaying indebtedness, and funding working capital and capital expenditures.

    IMPORTANT INFORMATION

    This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale would be unlawful. Any offer of the Notes will be made only by means of a private offering memorandum.

    The Notes and the shares of common stock issuable upon conversion of the Notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold absent registration or an applicable exemption from registration requirements under the Securities Act and applicable state securities laws.

    This announcement contains information about a pending transaction and there can be no assurance that this transaction will be completed.

    FORWARD LOOKING STATEMENTS

    This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “will,” “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” “subject to” or the negative of these terms and similar expressions are intended to identify such forward-looking statements and include statements related to the proposed offering of the Notes, the terms and conditions, the intended use of proceeds and other non-historical matters.

    These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict and which could cause actual outcomes and results to differ materially from what is expressed or forecasted in such forward-looking statements. Such risks include risks relating to the actual use of proceeds and other risks described in our most recent annual report on Form 20-F filed with the SEC.  You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.

    Hamilton, Bermuda
    June 26, 2025

    Investor Questions: +44 207 063 7900
     Karl Fredrik Staubo – CEO
    Eduardo Maranhão – CFO
    Stuart Buchanan – Head of Investor Relations

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    This announcement is not being made in and copies of it may not be distributed or sent into any jurisdiction in which the publication, distribution or release would be unlawful.

    The MIL Network –