Category: Finance

  • MIL-OSI United Kingdom: Insolvency Service appoints first dedicated crypto specialist to help recover online assets such as Bitcoin

    Source: United Kingdom – Executive Government & Departments

    Press release

    Insolvency Service appoints first dedicated crypto specialist to help recover online assets such as Bitcoin

    New crypto specialist will help the agency trace rising number of digital assets held by individuals in bankruptcy and criminal cases

    • Number of insolvencies where crypto is identified as an asset has increased 420% in five years 

    • More than £500,000 in cryptoassets identified in insolvency cases last year – 364 times higher than in 2019/20 

    • New role will help the agency recover more money owed to creditors in insolvency cases 

    The Insolvency Service has appointed its first dedicated crypto intelligence specialist to help recover more money for the UK economy from bankruptcy cases.  

    Former police investigator Andrew Small will help track digital assets in criminal cases and provide the agency with detailed knowledge of the crypto market. 

    The Insolvency Service is responsible for tracing and recovering money and assets belonging to bankrupt individuals or liquidated companies in insolvency proceedings.  

    In the past five years, the number of insolvency cases involving crypto as a recoverable asset has risen by 420%, with 59 cases in 2024/25 compared to 14 in 2019/20.  

    At the same time, the estimated value of cryptoassets identified in insolvency cases has risen by 364 times – from just over £1,400 in 2019/20 to more than £520,000 in 2024/25.  

    Andrew said:

    There has been a rapid rise in crypto ownership in the UK, and alongside that, we’ve seen a similar rise in cryptoasset ownership in bankruptcy cases. 

    The Insolvency Service has a duty to trace and recover money and assets from individuals or companies in insolvency cases, and we work to return as much money owed to creditors as possible. 

    Crypto is very much a recoverable asset, and my role will help the agency by providing specialist knowledge about the types of cryptoassets available and the associated technology used to buy, sell and store them.

    Cryptoassets have soared in popularity in recent years, with 2024 research by the Financial Conduct Authority finding seven million adults in the UK – 12% of the population – held some form of crypto, up from 3.2m adults (4.4% of the population) in 2021. 

    This includes ‘cryptocurrency’ coins such as Bitcoin, Litecoin, DOGE and Ethereum, as well as online tokens and NFTs – non-fungible tokens – which offer digital ownership of online artworks.  

    The Official Receiver Service, a key part of the Insolvency Service, identified £523,580 of cryptoassets across 59 insolvency cases in 2024/25, compared to just £1,436 of crypto across 14 cases in 2019/20. 

    The new cryptoasset intelligence role is based within the Insolvency Service’s Investigation and Enforcement Services team, meaning Andrew will primarily focus on cryptoasset ownership in criminal cases.  

    Neil Freebury, head of intelligence at the Insolvency Service, said:

    Crypto is growing in popularity, and we’ve seen the number of insolvency cases involving cryptoasset ownership rise four-fold in the past five years.  

    Andrew brings a wealth of knowledge to this role, along with his previous experience as an economic crime investigator within the police, and his appointment will help our investigators dealing with cases where cryptoasset ownership is a factor.

    Further information 

    • The latest Insolvency Service statistics are published on GOV.UK: Insolvency Service Official Statistics – GOV.UK 

    • Official Receivers are appointed by the court following bankruptcy or liquidation proceedings. They have a legal duty to trace and recover assets involved in such cases to return as much money as possible to creditors.  

    • The latest FCA research on cryptoassets in the UK can be found on the FCA website.

    Updates to this page

    Published 9 June 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Meet the Researcher: Natale Sciolino, CLAS

    Source: US State of Connecticut

    The brain is a marvel of complexity, orchestrating every aspect of our lives. Researchers striving to decode its functions have revealed that biochemical changes in the brain correspond to a diverse range of behaviors. Natale Sciolino, an assistant professor in the Department of Physiology and Neurobiology (PNB) in the College of Liberal Arts and Sciences, has dedicated her career to studying neural circuits — networks of interconnected neurons that regulate various functions — and their profound influence on motivated behaviors, including anxiety and feeding. Her work focuses on the connections between the brain, behavior, and the environment.

    A Surprising Path to Science

    “I never planned to become a scientist,” Sciolino says. “Growing up, I always thought I’d be a teacher.”

    Her initial aspiration led her to SUNY Buffalo State College in New York, which was close to home and hosted a well-regarded teaching program. After taking one transformative course in biological psychology, however, Sciolino was introduced to a whole new realm: neuroscience. This discipline fused her growing interest in psychology with a desire to understand the biological underpinnings of behavior.

    “My professor’s passion for science was contagious,” Sciolino says. “It inspired me to join her lab, and I realized I wanted to pursue a career in research.”

    Sciolino became especially captivated by the question of why some individuals were more vulnerable to addiction than others. Her transition from the desire to become a teacher to a neuroscientist was driven by her perceptiveness to the environment and the people around her.

    “Growing up in a low-income neighborhood, I saw firsthand how addiction and mental health disorders affected so many in my community,” she says. “I wanted to understand how some people seemed resilient while others struggled.”

    As an aspiring neuroscientist, she knew she needed to go to graduate school. She ended up far from home at the University of Georgia, where she worked with the guidance of pioneering cannabinoid researcher Andrea Hohmann.

    Exploring Cannabinoid Systems

    Sciolino delved into the role of the endogenous cannabinoids – chemical compounds produced by the body that bind with the cannabinoid receptors in the brain. These compounds influence critical processes such as emotion regulation, pain perception, appetite, and sleep.

    Sciolino’s research focused on how environmental stressors like social isolation could alter the activity of cannabinoid receptors and endogenous cannabinoids in the brain. Her research on the biochemistry of the cannabinoid system became a cornerstone of her neuroscience career.

    Unlocking the Secrets of the Locus Coeruleus

     Sciolino’s research journey took a pivotal turn when she joined another Georgia research lab and began studying the locus coeruleus (LC), a tiny yet influential brain structure. Despite containing only about 1,200 neurons in each brain hemisphere of the mouse, the LC is the brain’s largest source of noradrenaline, a neurotransmitter crucial for regulating states like anxiety, attention, and arousal.

    “Even though the LC is small, its neurons project to nearly every area of the brain,” Sciolino says. “It has the capacity to influence virtually all behavioral states.”

    Her Ph.D. research continued under the direction of Georgia’s Philip Holmes and Emory University’s David Weinshenker. She focused on understanding how exercise could impact the activity of the LC and reduce stress levels.

    She continued exploring the functions of the LC as a postdoctoral fellowship at the National Institutes of Health (NIH), under the direction of Patricia Jensen, where she had access to cutting-edge intersectional viral and genetic tools to express molecules to map, monitor, and manipulate neural activity.

    “At the NIH, I was like a kid in a candy store,” Sciolino says. “The tools available there made it possible to tackle questions I had only dreamed of exploring.”

    In 2021, Sciolino joined UConn faculty, where she is continuing her research on the brain and behavior. Specifically, she focuses on defining noradrenaline circuits in aversion, feeding, and taste. Her work has been supported by federal and private grants, including an NIH R00 Pathway to Independence Grant and the Brain Research Foundation Seed Grant. Most recently, she received a two-year, $70,000 NARSAD Young Investigator Grant (formerly known as the NARSAD award) from the Brain and Behavior Research Foundation to investigate the role of the LC in obesity-induced anxiety.

     Fostering the Next Generation of Scientists

     Bringing her incredible knowledge and passion for science with her to UConn’s PNB department, Sciolino has made a significant contribution to student success by fostering a collaborative and inclusive lab environment. Her love for teaching remains central to her role at UConn.

    “I prioritize building an internal network with our team,” she says. She adapts her mentoring approach to suit the diverse learning styles of her students, striking a careful balance between providing guidance and encouraging independence.

    By nurturing the next generation of neuroscientists, Sciolino combines her love of teaching with her commitment to advancing our understanding of the brain and behavior.

    MIL OSI USA News

  • MIL-OSI: XRP News: Nimanode Presale Explodes Past 11% of Softcap as Major Whale’s move in to Buy NMA

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, June 09, 2025 (GLOBE NEWSWIRE) — The XRP Ledger is experiencing a surge of renewed momentum as Nimanode the first AI agent platform with a no-code builder on XRPL advances through its high-demand $NMA Token Presale raising over 11% of its soft cap target and the excitement just intensified.

    Join $NMA Presale

    All Eyes on Nimanode – Dont Miss Out

    FOMO is already building up as the Nimanode Presale momentum indicates strong confidence from early investors citing a belief in the project.

    Demand for the NMA token has also surged as tokens are set to be listed at an upward 25% price from presale prices at top XRPL exchanges like Magnetic, instant returns for early investors.

    How to Join in the Nimanode Presale

    Joining in the NimaNode Presale is quite straightforward

    Purchase XRP: Acquire XRP from reputable exchanges like Binance, Coinbase, or Bybit.

    Setup an XRP-Compatible Wallet: Send your XRP to an XRP compatible Wallet (e.g. Xaman).

    Participate in the Presale: Visit the NimaNode presale page (https://nimanode.com/presale), send your XRP to the provided presale address, and secure your $NMA tokens.

    There is a Limited Time Period of 30 Days for the Presale and it’s pricing is going at 1 XRP = 450 $NMA

    As Nimanode Presale gains momentum, now is a perfect opportunity to position at the next wave of Blockchain innovation poised for massive gains through the integration of Web3 and AI.

    Why Investors are Scooping Up $NMA

    From the desk of the development team at Nimanode, they are set to deliver an Agentic workforce handling various tasks autonomously. Features of these Ecosystem include but not limited to

    Zero-Code Agent Builder: Create and launch AI agents through an intuitive drag-and-drop interface
    Autonomous On-Chain Agents: Agents can interact with dApps, execute logic, and respond to events
    Decentralized Agent Marketplace: Allows the community to deploy and monetize AI Agents
    Cross-Chain & Off-Chain Integration: Enable automation across multiple networks and external APIs

    $NMA – Fueling the Nimanode Ecosystem

    With 90 million $NMA tokens representing 45% of the total supply allocated for the presale, early birds have a rare opportunity to seize the advantage and invest in $NMA before its DEX Listing at 25% higher value mainly because of it various utilities in their ecosystem which include:

    Agent Deployment – Launching agents when holding a minimum $NMA balance

    Agent Upgrades – Skilled developers can hold $NMA to build custom agents and upgrades to them

    Agent Marketplace – Use $NMA to access premium agents or receive exclusive discounts

    Staking Benefits – Stake $NMA to earn passive income through the platform’s reward pool

    Governance Access – Participate in protocol decisions and vote on proposals that shape Nimanode’s future

    Join $NMA Presale

    Nimanode is a decentralized AI agent platform built on the XRP Ledger, offering no-code and developer tools to deploy on-chain AI agents that automate blockchain activity, optimize protocol interaction, and monetize intelligent services. By bridging AI with decentralized infrastructure, Nimanode is building the next evolution of digital work and Web3 automation.

    Connect with Nimanode

    Website: https://nimanode.com

    Twitter/X: https://x.com/nimanodeai

    Telegram: https://t.me/nimanodeAI

    Documentation: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f4d8a2c4-5eb2-4c9b-a124-568ba7ae7f8c

    The MIL Network

  • MIL-OSI: Bitcoin Solaris Presale Heats Up in Phase 7 as Token Launch Nears with 233% ROI Forecast

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 09, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project, has officially entered Phase 7 of its presale, offering early participants a strategic entry point ahead of its upcoming exchange launch. With tokens currently priced at $7 and a forecasted listing price of $20, BTC-S presents a 233% ROI potential for early supporters — based on current market benchmarks and demand from its live mining ecosystem.

    A Structural Replay of Bitcoin’s Earliest Advantages

    Bitcoin Solaris isn’t riding a wave of speculative hype. Its model is engineered around fundamentals that made Bitcoin successful in the first place — a fixed 21 million token supply, scarcity-based mechanics, and a functioning distribution model tied to user contribution rather than capital lockups.

    At its core, the protocol combines a Proof-of-Stake and Proof-of-Capacity base layer with a high-performance Solaris Layer that processes over 10,000 transactions per second. Finality occurs in under two seconds, and energy consumption is reduced by over 99.95% compared to traditional mining systems.

    Price Forecasts Rooted in Function

    Phase 7 of the presale is now live, with BTC-S priced at $7 per token. Exchange launch benchmarks target $20, translating to an immediate 233% ROI for early backers — assuming no speculative appreciation beyond the forecasted listing value.

    This figure isn’t abstract. It’s grounded in market benchmarking, liquidity provisioning frameworks, and rising demand from the Bitcoin Solaris mining ecosystem, which has already completed closed beta testing with strong reported returns.

    Analyst Attention and Audit-Backed Trust

    As President Trump’s crypto-positive policies fuel renewed attention toward blockchain technologies, Bitcoin Solaris is emerging as a key beneficiary — not because of political noise, but because its structure and transparency offer actual utility.

    The project has passed a full Cyberscope audit of its smart contract systems, as well as a mobile infrastructure audit by Freshcoins. KYC verification has also been completed by a third party , giving retail participants added assurance in a space often lacking transparency.

    Analyst Ben Crypto recently released a market breakdown on YouTube, calling Bitcoin Solaris the closest thing we’ve seen to early Bitcoin conditions since 2012. His thesis centers not on nostalgia, but on clear tokenomics: a capped supply, no emissions curve, and a network ready for mainstream use.

    Final Thoughts

    Crypto markets follow narratives, but they reward mechanics. Bitcoin Solaris isn’t promising future breakthroughs — it’s rolling them out. The tech is live, the presale is active, and the fundamentals are visible to anyone willing to look beyond the headlines.

    With President Trump signaling favorable conditions for crypto adoption, and BTC-S offering a direct path to early-stage ownership with built-in mining incentives, this moment marks a real chance at structural participation.

    Websitehttps://bitcoinsolaris.com/
    X: https://x.com/BitcoinSolaris
    Telegramhttps://t.me/Bitcoinsolaris

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

    Disclaimer: This is a paid post and 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/448d5e66-b854-438f-981c-9d3dfe2bb858

    https://www.globenewswire.com/NewsRoom/AttachmentNg/53f38c5c-94c8-4418-88f6-3dbef15d0eeb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cab2bbac-1f7f-4e98-bb20-21d3b53d6ab8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/40f9de05-4c90-4e1e-b6eb-861f588527b2

    The MIL Network

  • MIL-OSI United Kingdom: Changes made to higher education grants for distance learning09 June 2025 Changes have been made to higher education grants for distance learning students. The Minister for Education and Lifelong Learning, Deputy Rob Ward, has signed an Amendment order allowing students studying… Read more

    Source: Channel Islands – Jersey

    09 June 2025

    Changes have been made to higher education grants for distance learning students. 

    The Minister for Education and Lifelong Learning, Deputy Rob Ward, has signed an Amendment order allowing students studying through distance learning to be eligible for maintenance grants and a higher tuition grant from September 2025, equal to what campus-based students receive. 

    This follows the Ministerial Decisions signed in October 2024 and April 2025 to increase distance learning grant thresholds and remove long-term care and hypothec benefits from students’ income assessment. These changes have now taken effect following the signing of the Amendment order. 

    The key changes are: 

    • Distance learning students can get up to £9,138 to help with living costs 
    • The maximum tuition grant will increase from £7,400 to £9,535 
    • Grants remain means-tested and depend on household income – the same income thresholds apply to both distance and campus students 
    • For distance learners, grants will be adjusted based on how many credits they study (study intensity) 
    • Grants for distance learning are only available for degree courses that are regulated in the British Islands. 

    Deputy Ward said: “These changes will ensure young people studying for their degrees off-campus are entitled to the same maintenance and tuition grants as their campus-based peers. 

    “This will level the playing field and further open higher education as a viable path for more young people in Jersey to pursue. This further contributes towards our strategic priority to increase the provision of lifelong learning and skills development.” 

    For more information on the changes, please see gov.je/studentfin​ance​.​

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: International medical technology company praises council support

    Source: City of York

    An international medical technology company which has made York its UK base has praised the business support available in the city.

    Icentia, which was founded in Quebec City, Canada, in 2012, provides wearable ECG (electrocardiogram) devices which monitor the wearer’s heartbeat and can help diagnose irregular cardiac rhythms, in turn helping medical professionals detect and treat cardiac disease early and effectively.

    After being worn for between 24 hours and 14 days, patients return the monitor by post to the Icentia’s offices, in Monks Cross, where a team of Cardiac Physiologists analyse the readings and provide summary reports directly to clinicians.

    Through providing easy to use, discreet devices, the company aims to improve patient experience by reducing the number of hospital appointments required, facilitating faster clinical decisions and reducing waiting times for treatment.

    According to the firm’s UK Managing Director, Darren Macfarlane, the decision over the whereabouts of Icentia’s British HQ was an easy one:

    “In many ways the question for us wasn’t so much ‘Why York?’ as ‘Why not York?’

    “Why wouldn’t we want to situate our business in a city with a fantastic quality of life, a highly skilled workforce and great transport links to the rest of the country?”

    The city’s highly skilled workforce has been of particular benefit to the company, as Darren explained:

    “It’s been wonderful to be able to tap into the talent pool offered by the University of York and York St John University. We’ve had several members of staff come to work for us after graduating, and others who have worked part-time with us while studying in relevant fields, who then progressed to working with us full-time on graduation.”

    Darren and his team have been supported by the council’s Economic Growth Team from the very start of the company’s UK venture, being helped to get established in York and then supported to grow from then on.

    Christine Hogan, an Inward Investment Manager, helped connect Darren to essential regional and local business networks and helping them to identify potential office premises, with the business finally settling in, first at York Science Park in Heslington, then more recently making the move to Monk’s Cross as the business grew.

    Once established in York, Darren worked with Louise Saw, one of the council’s Business Growth Managers, who has provided ongoing advice and guidance, including making introductions to key contacts, signposting to funding sources and programmes like Green Economy, which has helped Icentia develop a bespoke Carbon Reduction Plan to reduce their emissions and make cost savings.

    Darren said:

    “The really great thing about the business support offered by City of York Council is that it’s totally flexible and tailor-made for your specific needs as a business.

    “We’ve received different support at different times across our seven years’ operating so far from York and that’s been really valuable to us as we’ve faced evolving business challenges, from finding office space, navigating the complexities of Brexit, to expanding the business and starting to export our products to Europe.”

    Cllr Pete Kilbane, Executive Member for Economy and Culture at City of York Council, said:

    “The work Icentia are doing is vital and making a real difference to thousands of patients across the world every year, including here in the UK, and it’s fantastic that this life-changing work is taking place right here in York.

    “We’re delighted that we’ve been able to support Icentia at every step along the way, from ensuring that they could set up their York HQ with ease, to connecting them to the funding, talent and networks that they need to thrive and expand.

    “Because no two businesses are the same, the support we offer is tailored to the specific needs and challenges of your business, and changes as your business grows.”

    The council’s Economic Growth team have a wealth of local knowledge, and can help you identify premises and advise on funding, workforce development and much more.

    For free, impartial business support, get in touch at economicgrowth@york.gov.uk to start a conversation with our team.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Extra boost for affordable housing as Council eyes Dreghorn homes

    Source: Scotland – City of Edinburgh

    The City of Edinburgh Council has negotiated the purchase of 78 homes in Colinton in an ongoing drive to urgently tackle the capital’s housing emergency

    Councillors have today (Monday 9 June) agreed to progress the purchase of a further 38 homes from the Ministry of Defence (MOD) for £6.65 million, as part of the council’s phased purchase of homes on the Dreghorn Estate.

    The proposal has been warmly welcomed by the families, who had previously been told by the MOD that they might have to vacate their homes after the summer.

    Finance and Resources Convener Mandy Watt said: 

    We’re doing everything we can to make sure these residents will remain in their homes and to increase the amount of affordable and social housing we have in the city – and I know the residents are very grateful that this proposal has had so much support from councillors.

    Purchasing these homes is a sensible way to boost the housing we have, and Dreghorn is a community that provides a great place for council tenants to have a suitable, safe and affordable place to call home.

    Council colleagues have worked over many months to negotiate this purchase from the Ministry of Defence, listening to the concerns of Dreghorn residents at every turn and ensuring good value for the council. This is a huge step towards a positive outcome – a fantastic example of doing things differently to make sure we address our housing emergency.

    It is proposed that the purchase of these homes will be made using £3.289 million from the Scottish Government’s National Acquisition Fund, delivered through the Affordable Housing Supply Programme, with the remaining balance funded through rental income and prudential borrowing over 30 years. A final decision on financing will be made at a future full council meeting.

    Published: June 9th 2025

    MIL OSI United Kingdom

  • MIL-OSI: LeddarTech Enters into Further Amendments to Credit Facility and Bridge Financing Offer and Announces the Return to Work of Certain Employees Following Furlough

    Source: GlobeNewswire (MIL-OSI)

    QUEBEC CITY, Canada, June 09, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-powered low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has entered into:

    • an eighteenth amending agreement (the “Eighteenth Amending Agreement”) with Fédération des caisses Desjardins du Québec (“Desjardins”) with respect to the amended and restated financing offer dated as of April 5, 2023 (the “Desjardins Credit Facility”), pursuant to which Desjardins has agreed to, among other things, temporarily postpone certain payments of interest and fees until January 31, 2026, subject to acceptable cash flow projected payments; and
    • a sixth amending agreement (the “Sixth Amending Agreement”) with the initial bridge lenders, certain members of management and the board of directors and FS Investment Management (collectively, the “Bridge Lenders”) with respect to the bridge financing offer dated as of August 16, 2024 (the “Bridge Financing Offer”) pursuant to which the Bridge Lenders have agreed to, among other things, extend the maturity of the bridge loan to January 31, 2026.

    The Sixth Amending Agreement to the Bridge Financing Offer also provides for a new bridge to equity term loan by FS Investment Management in the amount of up to US$2,000,000 for the purposes of providing LeddarTech with the cash necessary to complete one or more equity investments or commercial transactions involving LeddarTech and its technology.

    There is no certainty that LeddarTech will be able to raise additional funds or complete any commercial transaction and there can be no assurance that LeddarTech will be successful in pursuing and implementing any such alternatives, nor any assurance as to the outcome or timing of any such alternatives.

    The foregoing descriptions of the Eighteenth Amending Agreement and the Sixth Amending Agreement do not purport to be complete and are qualified in their entirety by reference to such amendments, copies of which will be filed under LeddarTech’s SEDAR+ and EDGAR profiles at www.sedarplus.ca and www.sec.gov, respectively.

    The term loan by FS Investment Management described above constitutes a “related-party transaction” within the meaning of Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions (“Regulation 61-101”) as FS Investment Management is a related party of the Company under Regulation 61-101. The Company is relying on exemptions from the formal valuation requirements of Regulation 61-101 pursuant to section 5.5(a) and the minority shareholder approval requirements of Regulation 61-101 pursuant to section 5.7(1)(a) in respect of such related party’s participation as the fair market value of the transaction, insofar as it involves interested parties, does not exceed 25% of the Company’s market capitalization.

    Return to Work of Certain Employees Following the Previously Announced Furlough

    LeddarTech also announced a return to work, beginning on June 4th, of certain employees that had been affected by the previously announced workforce reduction. The employees that have resumed their functions are supporting various ongoing commercial activities. LeddarTech plans to progressively call back more of its employees that were furloughed in order to support such commercial activities. There can be no assurance as to the timing of such decision nor that such additional employees will be called back in the near term or at all.

    About LeddarTech

    A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

    LeddarTech is responsible for several remote-sensing innovations, with over 190 patent applications (112 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

    Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter (X), Facebook and YouTube.

    Forward-Looking Statements

    Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws), including, but not limited to, statements relating to LeddarTech’s anticipated strategy, future operations, prospects, objectives and financial projections and other financial metrics, its plans to call back employees who have been laid off as well as expectations regarding the anticipated performance, adoption and commercialization of its products. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend” and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: (i) our ability to continue to maintain compliance with Nasdaq continued listing standards following our transfer to the Nasdaq Capital Market, (ii) our ability to timely access sufficient capital and financing on favorable terms or at all; (iii) our ability to maintain compliance with our debt covenants, including our ability to enter into any forbearance agreements, waivers or amendments with, or obtain other relief from, our lenders as needed; (iv) discussions regarding potential alternatives relating to refinancing, recapitalization or any commercial or other suitable transaction; (v) our ability to execute on our business model, achieve design wins and generate meaningful revenue; (vi) our ability to successfully commercialize our product offering at scale, whether through the collaboration agreement with Texas Instruments, a collaboration with a Tier 2 supplier or otherwise; (vii) changes in our strategy, future operations, financial position, estimated revenues and losses, projected costs and plans; (viii) changes in general economic and/or industry-specific conditions; (ix) our ability to retain, attract and hire key personnel; (x) potential adverse changes to relationships with our customers, employees, suppliers or other parties; (xi) legislative, regulatory and economic developments; (xii) the outcome of any known and unknown litigation and regulatory proceedings; (xiii) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, outbreak of war or hostilities and any epidemic, pandemic or disease outbreak, as well as management’s response to any of the aforementioned factors; and (xiv) other risk factors as detailed from time to time in LeddarTech’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the risk factors contained in LeddarTech’s Form 20-F filed with the SEC. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Chris Stewart, Chief Financial Officer, LeddarTech Holdings Inc.
    Tel.: +1-514-427-0858, chris.stewart@leddartech.com

    Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

    LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol “LDTC.”

    The MIL Network

  • MIL-OSI: Flow Capital Announces a US$5.0 Million Loan to a Tech-Enabled Hospitality Provider

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, ON, June 09, 2025 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”) is pleased to announce the successful closing of a US$5.0 million secured loan investment in a leading US-based hospitality management company and technology platform.

    The investment is part of a broader US$50 million senior secured unitranche loan transaction with a consortium of lenders led by Beedie Investments Ltd. (“Beedie Capital”), which is also the administrative and collateral agent.

    This transaction underscores Flow Capital’s continued momentum as a preferred partner for both high-growth companies across North America and leading institutional capital providers in the space.

    Technology companies seeking covenant-light, founder-friendly growth capital are invited to apply for funding directly at www.flowcap.com/get-funding.

     About Beedie Capital

    Beedie Capital is a multi-strategy direct investment platform that manages the alternative investments for Beedie, one of the largest private companies in Western Canada. It deploys capital using a flexible, evergreen mandate, and applies a highly agnostic approach to the duration, structure and size of its investments. Beedie Capital combines the strategic capabilities of an institutional investment platform with the flexibility and entrepreneurial mindset of a privately owned business.

    Beedie Capital invests in any sector, with a core focus on Technology, Tech-enabled Services, and Metals and Mining, and seeks to grow its invested capital alongside the enterprise value of its investments.

    For further information on Beedie Capital, please visit www.beediecapital.com.

     About Flow Capital 

    Flow Capital Corp. is a publicly listed provider of flexible growth capital and alternative debt solutions dedicated to supporting high-growth companies. Since its inception in 2018, the company has provided financing to businesses in the US, the UK, and Canada, helping them achieve accelerated growth without the dilutive impact of equity financing or the complexities of traditional bank loans. Flow Capital focuses on revenue-generating, VC-backed, and founder-owned companies seeking $2 to $10 million in capital to drive their continued expansion.

    Learn more at www.flowcap.com.

     For further information, please contact:

     Flow Capital Corp.

    Alex Baluta
    Chief Executive Officer
    alex@flowcap.com

    47 Colborne Street, Suite 303,
    Toronto, Ontario M5E 1P8

     Forward-Looking Information and Statements

    Certain statements herein may be “forward-looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Flow or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Flow assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.

    The MIL Network

  • MIL-OSI: Prairie Operating Co. Reaffirms $1 Billion Reserve Based Lending Facility with Citibank, N.A. Adds Bank of America, N.A. and West Texas National Bank to Syndicate

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the reaffirmation of its multi-year Reserve-Based Lending (“RBL”) credit facility with Citibank, N.A., its lead arranger.

    Following its semi-annual redetermination, the Company’s reserve-based credit facility was reaffirmed with a borrowing base of $475 million, a maximum facility size of $1.0 billion, and a maturity date of March 26, 2029.

    “The reaffirmation of our borrowing base, along with the addition of Bank of America and West Texas National Bank to our syndicate, underscores the confidence our lenders have in the strength of our asset base and execution strategy,” said Edward Kovalik, Chairman and Chief Executive Officer. “This facility enhances our financial flexibility and supports our ongoing development activity and pursuit of accretive growth opportunities in the DJ Basin.”

    In conjunction with the semi-annual redetermination, Bank of America, N.A. and West Texas National Bank have joined the lending syndicate, which includes Citibank, N.A., KeyBank National Association, MUFG Bank, Ltd., Truist Bank, UMB Bank, N.A., and Macquarie Bank Limited, further expanding Prairie’s banking relationships and strengthening its access to capital.

    About Prairie Operating Co.

    Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company’s assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation. More information about the Company can be found at www.prairieopco.com.

    Cautionary Statement about Forward-Looking Statements

    The information included herein and in any oral statements made in connection herewith include “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. All statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company’s expectations can be found in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K filed with the SEC on March 6, 2025, and any subsequently filed Quarterly Report and Current Report on Form 8-K. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov

    Investor Relations Contact:

    Wobbe Ploegsma
    info@prairieopco.com
    832.274.3449

    The MIL Network

  • MIL-OSI: Matador Technologies Announces Strategic Advisory Board Featuring Leaders from Bitcoin and Gold

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 09, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3), the Bitcoin Ecosystem Company, is pleased to announce the formation of its Strategic Advisory Board. This diverse group of advisors will guide Matador as it scales its Bitcoin treasury balance sheet strategy and real-world asset (“RWA”) platform.

    The Strategic Advisory Board includes:

    David Bailey
    David Bailey | CEO of BTC Inc | Founder & CEO of Nakamoto Inc | General Partner at UTXO Management
    David Bailey is the Co-founder and CEO of BTC Inc, the company behind Bitcoin Magazine and the Bitcoin conference. Since 2013, he has helped shape the global Bitcoin ecosystem through media, events, and venture incubation. A vocal advocate for hyperbitcoinization, David served as a surrogate for the Trump 2024 campaign, helping define its Bitcoin strategy. He also sits on the board of the Bitcoin Policy Institute. In 2025, David founded Nakamoto Inc, a Bitcoin-native holding company focused on building a publicly traded Bitcoin conglomerate. Nakamoto recently merged with KindlyMD (NASDAQ: NAKA) and is executing a Bitcoin treasury strategy backed by a US$710M capital raise. David is a General Partner at UTXO Management, an early investor in Metaplanet (TYO: 3350, OTC: MTPLF). Through BTC Inc, he partnered with Strategy (NASDAQ: MSTR) to launch Bitcoin for Corporations, helping companies adopt Bitcoin for their balance sheets and treasury management.

    Brad Mills
    Entrepreneur | Bitcoin Investor | Value Maximalist
    Brad Mills is a seasoned entrepreneur, investor, and early Bitcoin advocate active since 2011. With a long history in Bitcoin mining, strategic investing, Bitcoin angel investing and building successful media ventures, Brad champions Bitcoin’s transformative economic and social potential. As a committed “Value Maximalist,” Brad strategically aligns his focus on long-term Bitcoin treasury strategies, community engagement, and driving impactful adoption. In his advisory role at Matador, Brad will leverage his expertise to shape the company’s Bitcoin treasury model, accelerate market entry, and cultivate a vibrant Bitcoin-centric community.

    Dave Forestell
    Public Policy & Corporate Affairs Executive | Former Barrick Gold Executive
    Dave Forestell brings deep expertise at the intersection of natural resources, public markets, and public policy. He is currently Chair of the Board at the Alcohol and Gaming Commission of Ontario and served as the Founding Chair of iGaming Ontario (2022–2024), where he oversaw the launch of Ontario’s online gaming market—generating $1.4 billion in revenue in year one and $2.4 billion in year two, with total wagers exceeding $82.7 billion. Dave previously served as Vice President, Corporate Affairs at Barrick Gold, one of the world’s largest gold producers, where he led global stakeholder engagement, government relations, and ESG strategy. He also served as Chair (2015–2017) of the Cerro Casale Joint Venture (Barrick/Kinross), a gold project with over 17 million ounces of proven and probable reserves. His leadership navigating complex regulatory frameworks and deep understanding of global commodities make him an invaluable advisor as Matador builds products at the intersection of Bitcoin, gold, and financial innovation.

    “We’re incredibly proud of the advisory team we’ve assembled,” said Deven Soni, CEO of Matador Technologies Inc. “Each member brings a powerful blend of industry expertise, principled leadership, and deep commitment to Bitcoin. Together, they will help Matador accelerate its mission of bridging traditional assets with the Bitcoin economy.”

    “Bitcoin is changing everything—from money to markets to nation-states,” added Mark Moss, Chief Visionary Officer of Matador. “Our advisors are not just spectators—they are builders of the new financial system. Their collective insight will guide us through the next phase of our growth.”

    Matador would also like to thank Darius Eghdami and Michael Wekerle for their past contributions as advisory board members. Their support and guidance helped shape the foundation of Matador’s early growth and positioning in the Bitcoin ecosystem.

    Matador continues to differentiate itself as a Bitcoin Ecosystem company accumulating Bitcoin as its primary treasury asset and developing products on the Bitcoin network. This approach focuses on creating institutional-grade tools to unlock Bitcoin’s full potential as both a treasury reserve and an infrastructure for new digital assets.

    The Company trades on the TSX Venture Exchange under the symbol MATA, on the OTCQB under MATAF and now on the Frankfurt Stock Exchange under the symbol IU3.

    For additional information, please contact:

    Media Contact:
    Sunny Ray
    President
    Email: sunny@matador.network
    Phone: 647-496-6282

    About Matador Technologies Inc.
    Matador Technologies Inc. is a publicly traded Bitcoin ecosystem company that holds Bitcoin as its primary treasury asset and builds products to enhance the Bitcoin network. Through a self-reinforcing model that combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, Matador aims to grow long-term shareholder value without dilution.

    The Company’s flagship offering, the Digital Gold Platform, allows users to buy, sell, and trade 1-gram gold units on the Bitcoin blockchain—bridging traditional value with decentralized technology. With a Bitcoin-first strategy, a debt-free balance sheet, and a clear focus on innovation, Matador is helping shape the future of financial infrastructure on Bitcoin. Visit us online at https://www.matador.network/.

    Cautionary Statement Regarding Forward-Looking Information

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

    Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy, receipt of regulatory approvals, and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network

  • MIL-OSI: CSW Industrials Announces the Commencement of Trading on the New York Stock Exchange and Ticker Symbol Change

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, June 09, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (NYSE: CSW) (the “Company”) today announced the commencement of trading of the Company’s common stock on the New York Stock Exchange (“NYSE”) under the new ticker symbol, “CSW”. Trading on the NYSE will begin at market open today, June 9, 2025.

    CSW’s Executive Management Team and Board of Directors will be in New York City this afternoon to ring the closing bell at the NYSE in celebration of joining the world’s largest stock exchange.

    About CSW Industrials
    CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. The Company provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com

    Investor Relations
    Alexa Huerta
    Vice President Investor Relations, & Treasurer
    214-489-7113
    alexa.huerta@cswindustrials.com

    The MIL Network

  • MIL-OSI: Outbrain Completes Change of Corporate Name to Teads

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) — Outbrain Inc. (NASDAQ: OB), which is operating under the new Teads brand following Outbrain’s acquisition of Teads in February 2025, announced today that the combined company has completed its corporate renaming from “Outbrain Inc.” to “Teads Holding Co.” The combined company will begin trading under the new ticker symbol “TEAD” on the Nasdaq effective June 10, 2025.

    “The name change is an important milestone to complete the combined company’s rebrand,” said David Kostman, Teads CEO. “Teads is now one of the largest platforms on the premium open internet, combining the legacy companies’ strengths in performance and branding into an end-to-end platform focused on measurable outcomes for advertisers,” added Kostman.

    The change will not impact current stockholders, contracts, or operations. No action is required by shareholders in connection with the name change.

    Additional details can be found in the company’s Form 8-K filed with the SEC today.

    About Teads
    Teads is the omnichannel outcomes platform for the open internet, driving full-funnel results for marketers across premium media. With a focus on meaningful business outcomes for branding and performance objectives, the combined company ensures value is driven with every media dollar by leveraging predictive AI technology to connect quality media, beautiful brand creative, and context-driven addressability and measurement. One of the most scaled advertising platforms on the open internet, Teads is directly partnered with more than 10,000 publishers and 20,000 advertisers globally. The company is headquartered in New York, with a global team of nearly 1,800 people in 36 countries.

    To learn more, visit www.teads.com

    Media Contact

    press@teads.com

    Investor Relations Contact

    IR@teads.com

    (332) 205-8999

    The MIL Network

  • MIL-OSI: Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for May 2025 of its Virtune Crypto Altcoin Index ETP

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, 9th of June 2025 – Virtune AB (Publ) (“Virtune”) today announces that it has completed the monthly rebalancing of the Virtune Crypto Altcoin Index ETP, listed on Nasdaq Stockholm and Nasdaq Helsinki (ISIN code SE0023260716).

    In addition to the Virtune Crypto Altcoin Index ETP, Virtune’s product portfolio includes:

    Virtune Stellar ETP
    Virtune Staked Solana
    Virtune Staked Polkadot ETP
    Virtune XRP ETP
    Virtune Avalanche ETP
    Virtune Litecoin ETP
    Virtune Chainlink ETP
    Virtune Arbitrum ETP
    Virtune Polygon ETP
    Virtune Staked Cardano ETP
    Virtune Crypto Top 10 Index ETP
    Virtune Bitcoin Prime ETP
    Virtune Coinbase 50 Index ETP

    Index allocation as of 30th May (before rebalancing):

    Uniswap: 15.51%
    Solana: 15.00%
    Litecoin: 14.56%
    Cardano: 14.17%
    Chainlink: 13.77%
    Avalanche: 13.67%
    XRP: 13.31%

    Index allocation as of 30th May (after rebalancing):

    Solana: 12.50%
    XRP: 12.50%
    Cardano: 12.50%
    Avalanche: 12.50%
    Chainlink: 12.50%
    Litecoin: 12.50%
    Stellar: 12.50%
    Uniswap: 12.50%

    In connection with this month’s rebalancing, a change was made to the composition of the index – Stellar was added as a new component. The performance of the Virtune Crypto Altcoin Index ETP for May was +3.32%.

    The rebalancing is carried out according to the index that the ETP tracks, the Virtune Crypto Altcoin Index. The purpose of the monthly rebalancing is to reset the weights of each crypto asset to provide equal-weighted exposure to altcoins.

    In May, crypto markets rebounded fairly strongly, with some altcoins posting moderate gains. Uniswap rose by 15%, followed by Solana with a 6.11% increase and Litecoin with a 4.29% gain. However, Chainlink declined by 2.22%, making it the weakest performer in the index.

    Performance of the crypto assets in the Virtune Crypto Altcoin Index ETP during May:

    Uniswap: +15%
    Solana: +6.11%
    Litecoin: +4.29%
    Cardano: +0.62%
    Avalanche: -0.46%
    XRP: -0.80%
    Chainlink: -2.22%

    Virtune Crypto Altcoin Index ETP is the first of its kind in the Nordic region. It includes up to 10 leading alternative crypto assets (altcoins), excluding Bitcoin and Ethereum, that are part of the Nasdaq Crypto Index. Each altcoin is equally weighted to promote diversification; this structure allows investors to gain broad exposure to crypto assets beyond Bitcoin and Ethereum without being heavily concentrated in any single crypto asset.

    If you, as an (institutional) investor, are interested in meeting with Virtune to explore how our ETPs can support your asset management strategy or to learn more about Virtune and our product offering, please feel free to contact us at hello@virtune.com. You can also visit www.virtune.com to learn more and subscribe to our newsletter for updates on upcoming ETP launches and other news related to digital assets.

    Press contact
    Christopher Kock, CEO Virtune AB (Publ)
    christopher@virtune.com
    +46 70 073 45 64

    Virtune, headquartered in Stockholm, is a regulated Swedish digital asset manager and issuer of crypto exchange traded products listed on regulated European exchanges. Through regulatory compliance, strategic partnerships with leading industry players, and our experienced team, we empower global investors to access innovative and sophisticated investment solutions aligned with the evolving landscape of the global crypto market.

    Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.

    The MIL Network

  • MIL-OSI: Dragon Capital Releases Vietnam, Asia’s Ascending Dragon – A Film by David Stevenson, the Influential Adventurous Investor

    Source: GlobeNewswire (MIL-OSI)

    HO CHI MINH CITY, Vietnam, June 09, 2025 (GLOBE NEWSWIRE) — Dragon Capital is pleased to announce the release of Vietnam, Asia’s Ascending Dragon, a compelling new film by renowned financial journalist and commentator David Stevenson.

    In this insightful documentary, Stevenson travels to Vietnam to examine the nation’s remarkable evolution since Đổi Mới 1.0 and explores what lies ahead as Đổi Mới 2.0 takes shape. With a population of over 100 million, a dynamic economy, and rapid growth, Vietnam stands at a pivotal moment—can it escape the middle-income trap and ascend to the next stage of development?

    Stevenson engages with influential asset managers, corporate leaders, and financial experts to uncover the opportunities and challenges facing this fast-emerging market. The film offers a unique perspective on Vietnam’s economic trajectory, investment landscape, and the structural reforms driving its future.

    Now available on YouTube: https://youtu.be/PHDyofDrByg 

    For further information or interview requests, please contact:

    Rachel Hill
    +44 (0) 797 121 4852
    rachelhill@dragoncapital.com

    Thuy Anh Nguyen
    +44 (0) 788 588 6492
    thuyanhnguyen@dragoncapital.com

    Steven Mantle
    +44 (0) 755 370 1237
    stevenmantle@dragoncapital.com

    Jefferies International Limited
    Stuart Klein
    +44 (0) 20 7029 8703
    stuart.klein@jefferies.com

    h2Radnor
    Iain Daly
    +44 (0) 20 3897 1830
    idaly@h2radnor.com

    About Dragon Capital
    Dragon Capital Group is Vietnam’s largest independent asset manager, with over $5.5 billion in assets under management and a 30-year track record of pioneering the country’s capital markets. As a 65% employee-owned firm, we serve a distinguished client base, including high-net-worth individuals, family offices, pension funds, and sovereign wealth funds.

    Our flagship funds—Vietnam Enterprise Investments Limited (VEIL), a London-listed closed-end fund with $1.8 billion AUM, and Vietnam Equity (UCITS) Fund (VEF), the first actively managed UCITS fund in Vietnam—reflect our commitment to long-term, high-conviction investing. Backed by Vietnam’s largest equity research team and our proprietary IRIS platform, we focus on quality growth, strong governance, and sustainable returns.

    About David Stevenson
    David Stevenson is a prominent financial journalist, best known for his Adventurous Investor column in the Financial Times. A seasoned commentator, keynote speaker, and author, he has moderated major investment forums and serves on several London-listed investment trusts. With a background spanning BBC production, fintech entrepreneurship, and fund governance, Stevenson brings a unique perspective to global markets.

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4221341-d9c5-4a16-b8cf-2497a7ef40e0

    The MIL Network

  • MIL-OSI: New Milestone: NIRI and Taiwan’s TIRI Advance Global IR Standards

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan, June 09, 2025 (GLOBE NEWSWIRE) — The Taiwan Investor Relations Institute (TIRI) is proud to announce a new milestone in its long-standing collaboration with the National Investor Relations Institute (NIRI): The Association for Investor Relations (IR). This enhanced partnership marks a meaningful step forward in advancing IR education and aligning professional standards between Taiwan and global markets.

    Left: Jack Chang, Executive Director ofthe Taiwan Investor Relations Institute (TIRI)
    Right: Matthew Brusch, President and CEO of the National Investor Relations Institute (NIRI)

    This collaboration was formally presented during the book presentation ceremony on the morning of June 3, 2025 (local time), at the NIRI Annual Conference in Boston. Representing TIRI, Executive Director Jack Chang officially delivered the first-ever authorized Chinese translation of the Investor Relations Body of Knowledge, 2nd Edition—a significant achievement in IR knowledge transfer and international integration.

    “The translation effort was made possible through the contributions of TIRI board directors and senior members with extensive experience in corporate finance, capital markets, and investor communication,” said Jack Chang. “Over five months, they volunteered more than 200 hours to ensure both accuracy and localization for Taiwan’s financial sector.”

    From left to right: Jack Chang, Executive Director, and Pansy Yang, Director of Secretariat of TIRI; Matthew Brusch, President and CEO; Remy Bernarda, Incoming Chair; and John Moten, Finance Executive and Immediate Past Chair of NIRI.

    The project aligns with TIRI’s broader vision—under the leadership of Chairman Jonny Kuo—to establish a structured, internationally oriented IR education framework while promoting transparency, ESG engagement, and effective stakeholder communication.

    Through this collaboration, TIRI members gain access to NIRI’s globally respected resources, including its core curriculum and the Investor Relations Charter (IRC) credential—helping foster IR professionalism and international integration.

    This milestone publication not only reflects TIRI’s progress in institutionalizing IR education, but also lays the groundwork for cross-border knowledge exchange and deeper regional collaboration in Asia’s IR landscape.

    Taiwan Investor Relations Institute

    Contact: office@tiri.tw

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b0d5fc9b-a169-49bb-a986-9f54d098dff6

    https://www.globenewswire.com/NewsRoom/AttachmentNg/17550022-b9c7-487c-9da7-a058755458c5

    The MIL Network

  • MIL-OSI United Kingdom: Mapping Change and Investment in St Helier06 June 2025 ​An interactive plan has been published and displayed on digital touch screens in St Helier, showcasing how our town is evolving through coordinated investment and regeneration. The document:… Read more

    Source: Channel Islands – Jersey

    06 June 2025

    ​An interactive plan has been published and displayed on digital touch screens in St Helier, showcasing how our town is evolving through coordinated investment and regeneration.

    The document: Mapping Change and Investment in St Helier brings together public and private projects – recently completed, in progress, and planned – to help Islanders understand what is happening, where it’s happening, and why it matters. 

    This interactive tool is part of a long-term effort to make information about St Helier’s future more accessible, engaging, and inclusive for all Islanders. 

    It encourages people to explore how Town is changing and to feel part of that transformation. 

    The plan is available online and can also be explored in person on digital touch screens installed at the Town Hall, Jersey Library, and the Government Office on Union Street – gov.je/planfortown

    Users can navigate the map to discover major developments, public realm enhancements, and the key policies driving the regeneration of St Helier. 

    The initiative centres on the three themes set out in the Bridging Island Plan’s vision for the Town: 

    • A Growing TownIntroduce and Integrate: Supporting the delivery of new homes, improved infrastructure, and better integration of spaces, services, and community. 
    • A Sustainable TownRestore, Protect and Prepare: Revitalising heritage assets, delivering environmental improvements, and preparing for climate resilience and long-term sustainability. 
    • A Vibrant TownConnect, Enliven and Enhance: Enhancing public spaces, promoting active travel, and investing in culture, retail, and community life to bring energy and life to Town. 

    The Minister for Infrastructure, Connétable Andy Jehan, said: “I am pleased with the recent progress and publication of this interactive plan. It will help Islanders, investors, and decision-makers understand the strategic context in St Helier and the positive changes that are underway. 

    “Some parts of Town clearly need investment, new infrastructure, and improvements to our public realm. This is key to our objective to revitalise St Helier. 

    “I recognise that people want to see further detail on key projects like Fort Regent, and I will ensure the Plan for Town stays updated as new announcements are made.”​

    MIL OSI United Kingdom

  • MIL-OSI: MEXC Hits 40M Users with 46% Growth in New Listing Token Trading Volume in May

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 09, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, has released its May 2025 performance update, showcasing another strong month of growth across user acquisition, trading activity, and sectoral momentum. The platform’s global user base surpassed 40 million, up from 30 million in December 2024 — a 33% increase in just five months.

    Key Highlights:

    • User base exceeded 40 million (+33% since Dec 2024)
    • 214 new tokens listed in May (+33.7% MoM)
    • Average trading volume per user up 45.09%
    • Top 10 newly listed tokens averaged +2300.95% in peak gains
    • About 40,000 users joined Airdrop+ campaigns

    Listing Activity and Trading Volume Growth

    MEXC listed 214 new tokens in May, marking one of the most active listing months to date. Trading volume tied to these listings jumped by 46.7%, while average trading volume per user increased by 45.09% — signaling rising user engagement and growing confidence in MEXC’s early-stage project selection.
    MEXC’s total daily trading volume reached $4.1 billion according to CoinMarketCap, making it the second-largest platform by trading volume among leading crypto exchanges.

    Sector Momentum: AI, GameFi, Meme Coins

    Some of the strongest gains came from sectors that continue to define the next market cycle. AI infrastructure token AGT posted a peak gain of +3,770.10%, followed closely by blockchain gaming project NXPC (+3,756.30%) and PayFi protocol HUMA (+1,170.00%).
    Meme coins remained a major force in May, with retail-driven tokens from Solana and BNB Chain dominating charts. GOONC surged +3,400%, B gained +3,001.20%, and MOONPIG rallied +753.33%, demonstrating the power of meme communities in driving liquidity and excitement.

    User Incentives: Airdrops and Launchpools

    May also marked a record month for user rewards and event participation. MEXC hosted 58 Airdrop+ campaigns, more than doubling the number from April. The combined prize pool exceeded 3 million USDT, attracting nearly 40,000 users. Campaigns like AIOT (7,000+ participants, ~320 USDT value per user) and HUMA (100 USDT in tokens, followed by a 1,170% gain) stood out for their strong user response and post-listing performance.
    Launchpool events continued to deliver high returns. The ICEBERG pool offered an 8,488.44% APR, while the ongoing EIN Launchpool, open until July 17, remains attractive due to its high rewards and relatively low participation.

    Looking Ahead

    With momentum across listings, incentives, and user growth, MEXC continues to strengthen its position as a global launchpad for high-potential tokens. Strategic focus remains on trending verticals such as AI, Real World Assets (RWA), GameFi, and the TON ecosystem, where user demand and innovation are converging.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    For media inquiries, please contact MEXC PR Manager Lucia Hu: lucia.hu@mexc.com

    Source

    Disclaimer: This is a paid post and is provided by MEXC. 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/c8de1c4e-5cd7-4c33-af92-9a1bbafb4335
    https://www.globenewswire.com/NewsRoom/AttachmentNg/a50404fb-c5d7-499b-a6e6-6401155f9849

    The MIL Network

  • MIL-OSI: Red Cat Supports Executive Orders to Strengthen U.S. Drone Manufacturing and National Security

    Source: GlobeNewswire (MIL-OSI)

    SAN JUAN, Puerto Rico, June 09, 2025 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today issued a statement of support for a series of executive orders from the White House that advance U.S. leadership in uncrewed aircraft systems (UAS) and reinforce the resilience of America’s domestic industrial base.

    The executive actions are expected to remove regulatory barriers and modernize federal approval processes to prioritize U.S.-manufactured drones. Additional provisions include expanded detection and mitigation authority, and streamlined regulations to accelerate the deployment of UAS across federal and commercial sectors.

    “These executive orders send a clear signal that the U.S. is serious about enabling a secure domestic drone industry that supports mission-critical outcomes for the U.S. and its allies,” said Brendan Stewart, VP of Regulatory Affairs at Red Cat. “This level of policy alignment removes barriers to fielding trusted, American-made systems at scale. Red Cat stands ready to meet this moment with its proven, electric Vertical Takeoff and Landing systems that utilize advanced AI and computer vision solutions from partners including Palantir, Palladyne AI, Athena AI and Primordial Labs.”

    This announcement follows Red Cat’s earlier show of support for the White House’s April 2025 executive order aimed at restoring America’s maritime dominance. In alignment with that national strategy, Red Cat unveiled its initiative to develop advanced uncrewed surface vessels (USVs) designed to enhance multi-domain situational awareness and autonomous mission execution across maritime environments.

    Red Cat’s Family of Systems is anchored by its advanced aerial platforms, led by America’s Drone, the Black Widow™, a secure, autonomous ISR drone delivering real-time intelligence at the tactical edge. The company’s vision is to build a holistic ecosystem of fully integrated autonomous platforms to support operations across air, land, and sea. This vision aligns with the Order to support the warfighter by expanding access to U.S.-manufactured high-performing drones.

    The company supports the White House’s coordinated approach to enabling American drone and maritime dominance through regulatory clarity, targeted investment, and streamlined authorizations. Clear federal guidance is essential to unlock broader operational use cases and promote American leadership in production, certification, and export of systems for use across all domains.

    About Red Cat Holdings, Inc.

    Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a leading-edge Family of Systems. This includes the flagship Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed wing VTOL for extended endurance and range, and FANG™, the industry’s first line of NDAA compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red

    Forward Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.

    Contact:

    INVESTORS:
    E-mail: Investors@redcat.red 

    NEWS MEDIA:
    Phone: (347) 880-2895
    Email: peter@indicatemedia.com 

    The MIL Network

  • MIL-OSI United Kingdom: Vacancy: Personal Assistant to the Chief Inspector

    Source: United Kingdom – Executive Government & Departments

    News story

    Vacancy: Personal Assistant to the Chief Inspector

    The Air Accidents Investigation Branch is recruiting for a Personal Assistant (EO) to the Chief Inspector

    Are you a dedicated professional with the ability to balance big-picture thinking and meticulous attention to detail? Do you have excellent time management skills with the ability to prioritise and react to changing demands? Are you ready to develop your career in an interesting and varied role? If so, then this is the perfect role for you!

    The Personal Assistant to the Chief Inspector of Air Accidents (PA CIAA) plays a pivotal role in ensuring the smooth and efficient operation of the Air Accidents Investigation Branch (AAIB). Reporting directly to the Chief Inspector, the post-holder will provide high-level executive support to the Chief Inspector, Deputy Chief Inspector, and the wider AAIB management team. 

    This is a highly visible role with a strong external-facing element, involving regular interaction with senior stakeholders. 

    The successful candidate will be entrusted with handling sensitive and confidential information, and must demonstrate sound judgement, discretion, and professionalism at all times.

    Full job description and role profile (reference number: 406600): Personal Assistant to the Chief Inspector – Civil Service Jobs – GOV.UK

    Make sure to apply before 11:55 pm on Sunday 22nd June 2025 to not miss out on this rare opportunity.

    Read more about our work here.

    Updates to this page

    Published 9 June 2025

    MIL OSI United Kingdom

  • MIL-OSI: FrontFundr Marks 10 Years of Democratizing Private Markets, Surpasses $285M in Capital Raised

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 09, 2025 (GLOBE NEWSWIRE) — FrontFundr, Canada’s leading equity crowdfunding platform, is celebrating a decade of impact, innovation, and community-driven capital. Since launching on May 29, 2015, the platform has processed over $285 million in investments from over 19,000 investors into 269 private market campaigns, transforming how Canadians invest—and who gets to participate.

    In just ten years, FrontFundr has grown from a bold idea into a powerful engine for innovation, access, and financial inclusion. The platform now boasts a community of 56,000+ users, 30,000+ investments, and a track record that includes record-setting raises and high-profile exits.

    “What started as an experiment in opening up capital markets has grown into a movement,” said Peter-Paul Van Hoeken, Founder and CEO of FrontFundr. “Our journey reflects the evolution of private investing in Canada—more inclusive, more accessible, more transparent, and more aligned with the values of today’s investors.”

    A Decade of Deal-Making and Milestones

    • Blossom Social, a social network for investors, broke the Canadian equity crowdfunding record in 2025 with a $1.93M raise in under 6 hours—surpassing its own 2024 record of $1.34M.
    • Sheringham Distillery, the award-winning spirits company behind Seaside Gin, raised $1.2M from over 800 investors, turning loyal fans into shareholders and expanding distribution across North America.
    • HEMPALTA, a Calgary-based cleantech company, closed a successful raise in 2022 and listed on the Toronto Stock Exchange in 2024, providing a liquidity event for early investors.
    • tiptap, the company behind touchless giving technology, raised on FrontFundr in both 2020 and 2023—scaling nationally and powering donation campaigns with organizations like the Salvation Army.

    These standout campaigns represent a broader surge in momentum. In 2024 alone, FrontFundr facilitated $68.3M in capital across 66 campaigns, marking its strongest year to date.

    A Broader Movement Toward Inclusive Investing
    FrontFundr has seen meaningful shifts in investor demographics, with women now representing 26% of all investors and individuals in their 30s emerging as the most active group. This growing diversity reflects the platform’s mission to make private investing more accessible, inclusive, and representative of the wider population.

    That same commitment extends to the companies raising capital on the platform. Thirty-four percent of the businesses in FrontFundr’s portfolio are led by underrepresented groups—including 19% founded or led by women.

    Importantly, the model is delivering results: 87% of companies funded through FrontFundr remain active, with 13.7% having already achieved liquidity events—including notable 2024 exits from Hempalta and Liquid Wind.

    Innovation That Scales With the Market
    Over the past year, FrontFundr introduced a redesigned investment workflow, launched the FrontFundr Elite Circle for experienced investors, and partnered with leading U.S.-based platforms StartEngine, Republic, and WeFundr to give Canadians access to top-tier AI and tech opportunities south of the border. These improvements helped drive a 17% increase in average investment size and a 97% jump in new investors last year alone.

    Celebrating a Decade—and Looking Ahead
    To mark its 10-year milestone, FrontFundr will host a community celebration on Tuesday, June 10th at OneEleven in Toronto, featuring a fireside chat with CEO Peter-Paul Van Hoeken, investor panels, and a showcase of standout campaigns. The event brings together investors, founders, and ecosystem partners to reflect on the last decade—and toast to the next one.

    “We’ve seen what’s possible when everyday people are invited to invest in the ideas they believe in,” said Trieste Reading, VP of Growth at FrontFundr. “Over the past decade, we’ve built more than a platform—we’ve built a movement. Now we’re scaling that vision across Canada and beyond, proving that inclusive capital is the future of investing.”

    About FrontFundr
    FrontFundr is Canada’s leading private markets investing platform, empowering startups and growth-stage companies to raise capital from their biggest supporters—everyday Canadians. Since 2015, FrontFundr has enabled thousands of investors to access vetted investment opportunities in private companies, reshaping who gets to participate in building the future. Learn more at www.frontfundr.com.

    Media Contact:
    Trieste Reading
    VP of Growth, FrontFundr
    trieste@frontfundr.com
    +1 (604) 910-5074

    The MIL Network

  • MIL-OSI: Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    VELIZY-VILLACOUBLAY, FranceJune 9, 2025
                    

    Declaration of the number of outstanding shares and
    voting rights as of May 31, 2025

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced below the total number of its outstanding shares and voting rights as of May 31, 2025, according to articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers.

    Number of outstanding shares: 1,340,826,964

    Number of voting rights*: 2,014,017,258

    *The total number of voting rights is calculated on the basis of the total number of outstanding shares, even if the voting rights attached thereto are suspended, pursuant to Article 223-11 of the General Regulation of the Autorité des marchés financiers relating to the method for calculating the percentages of holdings in shares and in voting rights. We invite our shareholders to refer to this article should they need to declare crossing of thresholds.

    Declarations related to crossing of threshold must be sent to:
    Dassault Systèmes, Investor Relations Service, 10, rue Marcel Dassault, CS 40501, 78946 Vélizy-Villacoublay Cedex (France). E-mail address: Investors@3ds.com  

    ###

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com

    Dassault Systèmes Investor Relations Team                FTI Consulting
    Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
    +33 1 61 62 40 73                                        Jamie Ricketts : +44 20 3727 1600
    investors@3ds.com                                        

    Dassault Systèmes Press Contacts
    Corporate / France        
    Arnaud Malherbe: +33 1 61 62 87 73
    arnaud.malherbe@3ds.com        

    © Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

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    The MIL Network

  • MIL-OSI: 33/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 33 / 2025
    Schindellegi, Switzerland – 9 June 2025

    Trifork Group: Weekly report on share buyback

    On 28 February 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million). Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital. Under the program, the following transactions have been made:

            Number of shares        Average purchase price (DKK)        Transaction value (DKK)
    Total beginning 99,074 87.27 8,646,363
    2 June 2025 1,600 92.95 148,720
    3 June 2025 1,800 92.98 167,364
    4 June 2025 1,800 92.42 166,356
    5 June 2025     Market closed
    6 June 2025 1,800 93.49 168,282
    Accumulated 106,074 87.65 9,297,085

    A detailed overview of the daily transactions can be found here: https://investor.trifork.com/trifork-shares/

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 106,074 at a total amount of DKK 9,297,085.
    On 25 March, 25 April and 23 May 2025, 4,370 shares acquired through the share buyback program were utilized for the Executive Management’s monthly fixed salary, representing a change from cash payment to payment partly in shares (refer to company announcement no. 1 of 21 January 2025). On 1 April 2025, 19,943 shares acquired through the share buyback program were utilized to serve the RSU plan of Executive Management and certain employees.

    With the transactions stated above, Trifork holds a total of 338,090 treasury shares, corresponding to 1.7%. The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,406,809.


    Investor and media contact

    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork (Nasdaq Copenhagen: TRIFOR) is a pioneering global technology company, empowering enterprise and public sector customers with innovative digital products and solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. Learn more at trifork.com.

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    The MIL Network

  • MIL-OSI: Subsea7 awarded contract offshore Trinidad and Tobago

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg – 9 June 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Shell for the Aphrodite gas project offshore Trinidad and Tobago.

    The project involves the transportation and installation of subsea equipment at the Aphrodite development, located within Block 5a, at water depths of up to 290 metres.

    Project management and engineering activities will begin immediately at Subsea7’s office in Houston, Texas, with offshore operations planned for 2027.

    Craig Broussard, Senior Vice President for Subsea7 Gulf of Mexico, said, “Engaging with Shell from the outset has been key to building trust and driving efficiencies. This award in Trinidad and Tobago reflects our growing presence in the region, as well as our ongoing commitment to safe, predictable project delivery while supporting local talent and resources.”

    1. Subsea7 defines a sizeable contract as being between $50 million and $150 million.

    *******************************************************************************
    Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.
    Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

    *******************************************************************************

    Contact for investment community enquiries:
    Katherine Tonks
    Investor Relations Director
    Tel +44 20 8210 5568
    ir@subsea7.com

    Contact for media enquiries:
    Ashley Shearer
    Communications Manager
    Tel +1 713 300 6792
    ashley.shearer@subsea7.com

    Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
    This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. 
    This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 9 June 2025 at 08:00 CET.

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    The MIL Network

  • MIL-OSI: Shell Plc First Quarter 2025 Euro and GBP Equivalent Dividend Payments

    Source: GlobeNewswire (MIL-OSI)

    SHELL PLC FIRST QUARTER 2025 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS

    June 9, 2025

    The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2025 interim dividend, which was announced on May 2, 2025 at US$0.358 per ordinary share.

    Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by June 2, 2025 will be entitled to a dividend of US$0.358, €0.3136 or 26.41p per ordinary share, respectively.

    Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros at the euro rate per ordinary share shown above. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form (CREST members)) and persons holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling, at the pound sterling rate per ordinary share shown above.

    Euro and pounds sterling dividends payable in cash have been converted from US dollars based on an average of market exchange rates over the three dealing days from June 4 to June 6, 2025. This dividend will be payable on June 23, 2025 to those members whose names were on the Register of Members on May 16, 2025.

    Taxation – cash dividend
    If you are uncertain as to the tax treatment of any dividends you should consult your tax advisor.

    Note
    A different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland. This may also apply to other shareholders who do not hold their shares either directly on the Register of Members or in the corporate sponsored nominee arrangement. Shareholders can contact their broker, financial intermediary, bank or financial institution for the election deadline that applies.

    Enquiries
    Media: International +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html

    CAUTIONARY NOTE

    The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties.  The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. 

    Forward-Looking statements
    This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ‘‘anticipate’’;  “aspire”; “aspiration”; ‘‘believe’’; “commit”; “commitment”; ‘‘could’’; “desire”; ‘‘estimate’’; ‘‘expect’’; ‘‘goals’’; ‘‘intend’’; ‘‘may’’; “milestones”; ‘‘objectives’’; ‘‘outlook’’; ‘‘plan’’; ‘‘probably’’; ‘‘project’’; ‘‘risks’’; “schedule”; ‘‘seek’’; ‘‘should’’; ‘‘target’’; “vision”; ‘‘will’’; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2024 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this announcement, June 9, 2025. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

    Shell’s net carbon intensity
    Also, in this announcement we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

    Shell’s net-zero emissions target
    Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our Scope 1, Scope 2 and NCI targets over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target. 

    Forward Looking non-GAAP measures
    This announcement may contain certain forward-looking non-GAAP measures such as adjusted earnings and divestments. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.

    The contents of websites referred to in this announcement do not form part of this announcement.

    We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

    LEI number of Shell plc: 21380068P1DRHMJ8KU70
    Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom

    The MIL Network

  • MIL-OSI: NBPE – NB Private Equity Partners Announces Transaction in Own Shares

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    St Peter Port, Guernsey 9 June 2025

    NB Private Equity Partners (“NBPE” or the “Company”) today announces details of Class A Shares bought back pursuant to general authority granted by shareholders of the Company on 12 June 2024 and the share buy-back agreement with Jefferies International Limited.

    Transaction on London Stock Exchange

    Date of purchase of Shares 6 June 2025
    Number of Shares purchased 3,000 Class A Shares
    Highest price/lowest price paid £14.50 / £14.34
    ISIN for the Shares GG00B1ZBD492

    All Class A Shares bought back will be cancelled. Following the cancellation, the number of outstanding Class A Shares is 45,533,911‬. The Company also has 3,150,408 Class A shares held in treasury. For reporting purposes under the FCA’s Disclosure Guidance and Transparency Rules the market should use the figure of 45,533,911 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

    For further information, please contact:

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

    Kaso Legg Communications        +44 (0)20 3882 6644

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

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

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman

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

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    The MIL Network

  • MIL-OSI: Periodic announcement on the acquisition of the Bank‘s own shares and its results (week 5)

    Source: GlobeNewswire (MIL-OSI)

    This announcement contains information on transactions of the acquisition of own shares of AB Artea bankas (the Bank) carried during the period specified below under the Bank’s own share buy-back programme announced on 30 April 2025. 

     

    The period during which the acquisition of the Bank’s own shares under the programme was carried out – 05.05.2025 – 06.06.2025. 

     

    Period covered by this periodic report – 02.06.2025 – 06.06.2025. 

     

    Other information: 

    Transaction overview 

    Date 

    Total number of shares purchased on the day ( units) 

    Weighted average price (EUR) 

    Total value of transactions (EUR) 

    2025.06.02

    100,000

    0.871

    87,100.00

    2025.06.03

    100,000

    0.872

    87,179.98

    2025.06.04

    100,000

    0.873

    87,298.57

    2025.06.05

    100,000

    0.86

    86,000.00

    2025.06.06

    100,000

    0.857

    85,700.01

    Total acquired during the current week 

    500,000

    0.867

    433,278.56

    Total acquired during the programme period 

    2,400,000

    0.877

    2,105,921.93

     

     

     

     

     

    The Bank’s own bought-back shares: 12,497,749 units.  

     

    Following the above transactions, the Bank will own a total of 12,997,749 units of own shares representing 1.96 % of the Bank’s issued shares. 

     

    Further detailed information on the transactions is attached. 

     

    This information is also available at: www.artea.lt   

     

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@artea.lt, +370 610 44447

    Attachment

    The MIL Network

  • MIL-OSI: Municipality Finance issues a EUR 1 billion green benchmark under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    9 June 2025 at 10:00 am (EEST)

    Municipality Finance issues a EUR 1 billion green benchmark under its MTN programme

    Municipality Finance Plc issues a EUR 1 billion green benchmark on 10 June 2025. The maturity date of the benchmark is 14 June 2032. The benchmark bears interest at a fixed rate of 2.625% per annum.

    The benchmark is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the benchmark are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the benchmark to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on on 10 June 2025.

    Danske Bank A/S, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, J.P. Morgan SE and Skandinaviska Enskilda Banken AB (publ) act as the Joint Lead Managers for the issue of the benchmark.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland. The Group’s balance sheet is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. Our customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network

  • The Government Of The Day Is Handicapped; It Can’t Register an FIR because there is a Judicial order: Vice-President

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>Motion to remove the judge is the answer? If there has been a crime, a culpable act, Why wasn’t it punished? questions VP
    Permission to file FIR Could Have Been Given on the Very First Day; It Could Have Been Given at Least After the Report, stresses VP
    Committee of Judges Can not Substitute FIR or Constitutional Removal Mechanism for Judges: Vice-President
    We Have Lost More Than Three Months, And The Investigation Has Not Even Been Initiated, says VP
    Has money influenced the Judiciary in judicial work?, questions VP
    If The Temple Of Justice Is So Sacrileged, So Tainted, So Besmirched… Then, Where Would People Go For Justice?, asks VP
    Lawyers Of The Bar Are Custodians Of The Rule of Law, says VP
    The People’s Confidence… Will Be Restored — Only By Very Thorough Investigation, Proper Investigation, Scientific Investigation, highlights VP
    Surely The Cash Will Not Come Without A Purpose. And The Purpose Can’t Be Legitimate, Says VP

    The Vice-President of India, Shri Jagdeep Dhankhar, today said, “The Government of the day is handicapped. It can’t register an FIR. Because there is a judicial order. And that judicial order is more than three decades old. It provides virtually impregnable cover. Unless permission is accorded by a functionary at the highest level in the judiciary, an FIR can’t be registered. So I pose a question to myself, in deep pain, worried, concerned, in anguish — why was that permission not given? That was the minimum that could have been done on the earliest occasion.”

    He further said, “I have raised the issue. Ultimately, if a motion is brought to remove a judge, is that the answer? If there has been a crime, a culpable act shaking the foundations of democracy — the rule of law, why wasn’t it punished? We have lost more than three months, and the investigation has not even been initiated. Whenever you go to court, they ask why the FIR was delayed.”

    Shri Dhankhar further stated, “Does the committee of judges have a constitutional sanction? Does it have statutory sanction? Can this report result in any outcome? Can this report, by itself, be actionable? If a judge removal mechanism is there, the Constitution says this removal mechanism can be initiated either in the Lok Sabha or the Rajya Sabha. This is the only way. Then this committee cannot substitute for an FIR investigation. Now, the separation of powers. Penal thing has to follow it. If we have to lay claim on democracy, on the rule of law, equality before law, let me tell you — even the President of India and the Governors — they have immunity from prosecution only till they are in office. No other body has it. No other in the country, no other constitutional office has this immunity, and that too while in office. Now, how can we have a mechanism that such a crime — a culpable act — revealed from a document revealed by the Supreme Court, that there was a cash haul.”

    The Vice-President said, “I find it very soothing and must congratulate you that the bar associations in the country are active on it. I hope an FIR is filed. One, that permission could have been given on the very first day. It should have been. A compulsive, expedient situation should have been there, because the mechanism evolved is the same. Second, it could have been given at least after the report. Could it have been given on the judicial side? What happened on the judicial side — it is there. I gather from the public domain — money spending.”

    Shri Dhankhar further said, “While I have appreciated the former Chief Justice for putting those documents in the public domain, so what we say, there was a cash haul, because the report says — the report was put in the public domain by the Supreme Court. Let us not destroy the idea of democracy. Let us not dilute our ethical standards so low. Let us not decimate integrity.”

    Interacting with members of the Punjab and Haryana High Court Bar Association in Chandigarh today, the Vice-President said, “Judicial system at the moment, because of a very painful incident that happened mid-March in Delhi at the residence of a sitting judge, there was a cash haul, obviously tainted, unaccounted, illegal. And unexplained! The intervention is very significant. One, it appeared in the public domain after 6-7 days. Imagine if it had not appeared. So, we don’t know whether it is isolated or if there are other instances. Now, whenever tainted, unaccounted, unexplained cash haul is there, the system has to move to find out whose money is this? And what is the money trail? Where did this loose cash come from? Are there big sharks? Has the money influenced the Judiciary in judicial work? All these issues are agitating not only the minds of lawyers but also people on the street. But let the lid be blown off the can of worms. Let these skeletons in the cupboards come out. Why was there no FIR? Why has there been no investigation at all?”

    Shri Dhankhar stated, “I’m so happy that our Bar associations are picking up the issue. But the confidence of the people is very fundamental in all institutions. All I am saying is, the thought that it will die down, that it will not get media attention, that people have short memories, and those actors, sharks who are culpable, postures that indicate the highest criminality. We must not be sparing them. The people’s confidence, I’m sure, will be restored — I don’t know to what extent — but only by very thorough investigation, proper investigation, scientific investigation — the investigation that will expose, to public satisfaction, the original source of money, the money trail, the people involved, the beneficiaries, and the purpose.”

    The Vice-President recollected, “If you know a famous case — Sarwan Singh v. State of Punjab, 1957 — the gap between establishing the truth is sometimes very thin. The distance between ‘may be true’ and ‘must be true’ is very thin. But this thin distance has to be negotiated by evidence of unimpeachable veracity. So I put innocence at a very high level. I am not aware of who is guilty. But one thing is for sure — a crime of great enormity, shaking the foundations of the Judiciary and democracy, has taken place. I hope it will be addressed”

    Shri Dhankhar stated, “As a former President of the Rajasthan High Court Bar Association, probably this is the first time this happened — that we got together. So lawyers in such bodies are watchdogs of democracy. And in democracy, nothing matters more than proper investigation, proper findings, getting to the source, the original source of the tainted, unaccounted, illegal cash. Surely the cash will not come without a purpose. And the purpose can’t be legitimate. Lord Denning, a great judge, quoted Fuller. Fuller is from 350 years from now: “Be ye never so high, the law is above you.” Now, those who have to enforce the law are also subject to the law.”

    Highlighting that courts are a temple of justice, Shri Dhankhar said, “For lawyers, nothing is more important than the purity of the system where you work. That is why we call it the temple of justice. Now, if the temple of justice is so sacrileged, so tainted, so besmirched that people come very close to losing faith, then where would people go for justice? Before we inflict more injuries on the soul of Bharat — it’s written in a sense of democracy — I hope things will take shape.

    He further said, “All I’m saying is that our judges need protection. Because judges make tough decisions. Judges decide against the Executive. The Executive in any democracy is a mighty power. So judges have to be fearless and independent. They cannot be subjected in a routine way. But now what has happened is — even judges’ premises are sacrosanct. Any crime happening therein is not subject to investigation unless a sanction is given.”

    The Vice-President said, “Now, if this institution is clouded, smoked, then one gets an idea. We don’t know how many skeletons are in the cupboard. Then another worry — stories are going around. Names are floating on whose money is it? Maybe it is not their money. So, proper investigation will also save the reputation of many, many who are being doubted. Because a criminal investigation must nab only the accused and prove the guilt beyond a reasonable doubt. Because people can’t put pressure. Bar associations can. We have a role to play in this society. You are stakeholders. Ultimately, you’ll be the sufferers. You help people access courts. Members of the bar, you do your utmost to secure the dispensation of justice in the right way. If faith in what you are assisting with is shaken, there will be no way.”

    Signifying the importance of the Bar Association, the Vice-President said, “The Body of Lawyers and Bar Associations is, in a sense, custodians of the rule of law. They are watchdogs of democracy, and when the system is challenged, there is an obligation on members of the Bar. There have been times when lawyers play a key role, and that is why in our democracy, we have a separation of powers, which means the Executive will do its role, the Legislature will do its role, and the Judiciary will do its role. The critical issue is, judgments have to be given by judges. They can’t be scripted by the Legislature. I am Chairman, Rajya Sabha, you can’t script a judgment. Am I right? Similarly, the job that we do can’t be done by the Executive or the Judiciary.”

    Shri Dhankhar further said, “The Bar Association of the Punjab and Haryana High Court is unique in the entire country. Two States, One Union Territory, very, very important Bar Association. The same is about the Bar Council. I had the good fortune to be the President of my association in Rajasthan, but that was the presidency of the bench at Jaipur. You are the president in the complete right. Whenever I have appeared in the Punjab and Haryana High Court, it has always been a pleasure to come to this place because the Bar has a long tradition. Members of the Bar have been instrumental in getting us freedom. During the freedom struggle, top lawyers ignored their real practice in fiscal terms and devoted themselves to the nation.”

    Highlighting the importance of a democratic society, Shri Dhankhar said, “In a democratic society, the rule of law and equality in law are compromised — seriously, severely, if some people are above the law, beyond scrutiny, beyond investigation. Secondly, yours is a very important High Court, covering a huge jurisdictional area of two states and a Union Territory. The Chief Justice of the High Court, apart from judicial work, also has to do administrative work. And the administrative work is very large. Same about Haryana.”

    The Vice-President said, “I believe the greatest power of Indian citizens is to be treated as innocent till proven guilty. So I don’t want to suggest someone is guilty. But let the investigation be there. It should be proved. Definitely. We don’t know how many people will be there once we break the curtain.”

    He further added, “Purpose is equally important because if it is related to judicial work, if judgment can be influenced by money bags, that day at least, I do not wish to see. And no Member of Parliament would love to see it—unless one is part of it.”

    In conclusion, Shri Dhankhar said, “Let me tell you, I have travelled all over the world. On intelligence, our judges are the best. In hard work, our judges are the best. When they lose confidence in everybody — the executive, and I would say even in organizations to which I belong, but they trust the Judiciary. Because they know, a judge is a reincarnation of God. He will do justice. And there also, they draw a distinction. A sitting judge, in public perception, I don’t subscribe to it, carries greater weightage than a judge under oath will certainly do justice.”

  • India embraces cashless revolution in last 11 years: FM Nirmala Sitharaman

    Source: Government of India

    Source: Government of India (4)

    Union Finance Minister Nirmala Sitharaman on Monday said that India is embracing a cashless revolution with world-class digital initiatives like Unified Payments Interface (UPI).

    “In the last 11 years, India has seen a remarkable journey under the leadership of Prime Minister Narendra Modi. From making life easier for the common citizen to boosting business confidence, it’s been a decade of real and visible change,” the Finance Minister said on a post on X.

    “India is embracing a cashless revolution! With Rs 70,000 Cr+ worth UPI transactions daily and 59.6 crore transactions in a single day, digital payments are now the norm,” the minister added.

    India today is not just the fastest-growing major economy, but also a key global voice on pressing issues like climate action and digital innovation.

    In the month of May, UPI posted a robust growth by processing 18.68 billion transactions, up from 17.89 billion in April. As per data by the National Payments Corporation of India (NPCI), the UPI transactions mark a 33 per cent year-on-year (YoY) surge compared to 14.03 billion transactions in the same month last year.

    The UPI transactions rose to Rs 25.14 lakh crore (by value) last month, a 5 per cent increase from Rs 23.95 lakh crore in April. This reflects a 23 per cent rise from Rs 20.45 lakh crore in May last year. The average daily transaction volume stood at 602 million, while the average daily transaction value reached Rs 81,106 crore.

    The UPI has strengthened its dominance in India’s digital payments system with its share in the total transaction volume rising to 83.7 per cent in 2024-25 from 79.7 per cent in the previous financial year.

    The RBI’s annual report shows that UPI facilitated 185.8 billion transactions during 2024-25, which represents a 41 per cent year-on-year increase. In value terms, UPI transactions rose to Rs 261 lakh crore from Rs 200 lakh crore in FY24.

    (With inputs from IANS)