Category: Finance

  • MIL-OSI: Questrade offers Canadians a new, value-packed way to supercharge their investment decisions with Questrade Plus

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) — Canada’s #1 rated* online brokerage — is excited to introduce Questrade Plus to customers across Canada, beginning today. The new, curated offering is designed to help investors and traders of all experiences make more informed investment decisions with advanced tools, better guidance, and savings on high-value services.

    “We are so excited to unveil Questrade Plus to our customers, who are investing time and effort every day to become better investors,” said Hwan Kim, Chief Product Officer, Questrade. “Whether just starting out or seasoned veterans of the market, Questrade Plus provides a value-filled set of tools and resources to help Canadians get further ahead on their investment journey and, ultimately, become much more financially successful and secure.”

    Taking into account direct feedback from Questrade customers, Questrade Plus was designed with accelerating customers’ growth in-mind, catering to a wide range of needs for all investors with real-time streaming, advanced tools, free online journaling, and more. Ensuring that shifting investment priorities were also factored in, customers can start and cancel at any time. All customers can try Questrade Plus free for 30 days and, after that, it’s $11.95/per month + tax.

    Some of the key benefits of Questrade Plus include:

    • Full level 1 real-time streaming data for all primary U.S. equities and options
    • Automated portfolio rebalancing (currently provided with Passiv Elite subscription)
    • No cost, unlimited journaling requests
    • Custom trading alerts to never miss an opportunity
    • Premium educational content to help level-up investing
    • Advanced charting tools, P&L calculator, and more

    Questrade continues to solidify its position as a leading provider of innovative and accessible investment options for Canadian investors with its introduction of zero-commission online trading for Canadian and U.S. listed equities, and real-time fractional stock and ETF trading earlier this year. For more information on what’s ahead, join the r/Questrade community on Reddit where you can learn more and provide direct input to Questrade’s teams.

    About Questrade
    Questrade, Inc. (“Questrade”) is changing the Canadian financial services industry by leveraging technology to lower fees while providing a viable alternative to traditional financial investment options, thereby allowing Canadians to Keep More of their Money. As a leader and innovator in financial services, Questrade is a trusted ally that advocates for consumers, focused on improving value. With 25 years of challenging the status quo as one of Canada’s leading, non-bank online brokerages and over $50 billion in assets under administration, Questrade and its affiliates provide financial products and services, including securities and foreign currency investments. For more information, visit www.questrade.com or on Facebook and X (formerly Twitter) @Questrade. Questrade, Inc. is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO), and a member of the Canadian Investor Protection Fund (CIPF). Questrade is a wholly owned subsidiary of Questrade Financial Group Inc.

    *MoneySense 2024

    Media Contact

    For more information, contact Susan Willemsen at The Siren Group Inc. Tel: 416-461-1567 or M: 416-402-4880, or email: susan@thesirengroup.com.

    The MIL Network

  • MIL-OSI USA: Fact Sheet: President Donald J. Trump Secures Agreement to Establish United States-Ukraine Reconstruction Investment Fund

    US Senate News:

    Source: The White House
    A FIRST-OF-ITS-KIND HISTORIC PARTNERSHIP: Under the leadership of President Donald J. Trump, the US and Ukraine entered into a historic agreement on April 30, launching a first-of-its-kind partnership for the reconstruction and long-term economic success of Ukraine.
    From start to finish, this agreement is a fully collaborative partnership between our nations, that both the United States and Ukraine will benefit from.
    This partnership represents the United States taking an economic stake in securing a free, peaceful, and sovereign future for Ukraine.
    This agreement will also strengthen the strategic partnership between the United States and Ukraine for long-term reconstruction and modernization, in response to the large-scale destruction caused by Russia’s full-scale invasion.

    The Treasury Department and the U.S. International Development Finance Corporation (DFC) will work together with the Government of Ukraine to finalize governance and advance this important partnership.
    The United States’ DFC will work together with Ukraine’s State Organization Agency on Support Public-Private Partnership, both of which are backed by the full faith and credit of their respective nations.

    LONG TERM RETURNS FOR BOTH COUNTRIES: President Trump envisioned this partnership between the Americans and the Ukrainians to show both sides’ commitment to lasting peace and prosperity in Ukraine
    This partnership between the United States and Ukraine establishes a fund that will receive 50% of royalties, license fees, and other similar payments from natural resource projects in Ukraine.
    That money will be invested in new projects in Ukraine, which will generate long term returns for both the American and Ukrainian peoples.
    As new projects are identified, resources in the fund can be quickly allocated towards economic growth, job creation, and other key Ukrainian development priorities.
    Indirect benefits will include a stronger private sector and more robust, lasting infrastructure for Ukraine’s long-term success.

    The partnership will be controlled by a company with equal representation of three Ukrainian and three American board members, who will work together through a collaborative process to make decisions for allocation of fund resources, such as investment and distributions.
    The partnership will also bring the highest levels of transparency and accountability to ensure that the people of Ukraine and the United States are able to enjoy the benefits of Ukraine’s reconstruction.

    Natural resource projects will include minerals, hydrocarbons, and related infrastructure development.
    If the United States decides to acquire these resources for ourselves, we will given first choice to either acquire them or designate the purchaser of our choice.
    Economic security is national security, and this important safeguard prevents critical resources from falling into the wrong hands.

    Importantly, this partnership sends a strong message to Russia – the United States has skin in the game and is committed to Ukraine’s long-term success.
    No state, company, or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine, including participation in projects supported by fund resources.

    MIL OSI USA News

  • MIL-OSI: Aemetis Biogas Completes $1.6 million of LCFS and D3 RIN Sales in April

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., May 01, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a diversified global renewable natural gas and biofuels company, announced today that the Aemetis Biogas subsidiary of the company completed $1.6 million of sales of California Low Carbon Fuel Standard (LCFS) credits and federal Renewable Fuel Standard D3 Renewable Identification Numbers (D3 RINs) during April 2025.

    The LCFS credits were generated for Q4 2024 at the default rate of -150 carbon intensity. A pending application to the California Air Resources Board (CARB) for seven digesters is in the final approval process, with approval expected this quarter in time for the next quarterly LCFS credit sale. The seven pending dairy digesters are expected to average lower than -350 carbon intensity, a significant increase of more than 120% of the number of LCFS credits that will be received by Aemetis Biogas after the completion of sale transactions compared to the -150 default pathway.

    “Aemetis Biogas production and revenues from dairy RNG continues to grow, with more biogas production from four more dairies planned to come online this quarter,” stated Eric McAfee, Chairman and CEO of Aemetis. “The expected adoption of 20 years of low carbon biofuel mandates in the next few months by CARB after completion of the OAL process is expected to increase the value of the LCFS credits rapidly, compounded by our expected approval of pathways for seven dairies that will increase the number of credits generated by those digesters by an estimated 120%.”

    Aemetis Biogas has signed agreements with 50 diaries and has 11 digesters operating to process waste from 12 dairies. An additional four dairies that supply one large biogas digester are planned to be operational in Q2 2025. The company has installed 36 miles of biogas pipeline, with environmental approval for 60 miles of biogas pipeline to be installed as dairy digesters are completed.

    Dairy RNG generates revenues from sale of the fuel, California LCFS credits, federal D3 RINs and federal Section 45Z production tax credits, in addition to federal Section 48 investment tax credits. In the past 18 months, Aemetis has received $70 million from the sale of $83 million of Section 48 investment tax credits to two corporate purchasers. Additional Section 48 investment tax credit sales are expected to be completed in the next few months as additional dairy digesters are completed.

    Starting in January 2025, Aemetis Biogas generated 45Z production tax credits from dairy RNG production. The sale of 45Z tax credits is in process, with the first sales expected to be completed in summer 2025.

    About Aemetis

    Headquartered in Cupertino, California, Aemetis is a renewable natural gas and biofuels company focused on the operation, acquisition, development, and commercialization of innovative technologies that support energy independence and security. Founded in 2006, Aemetis operates and is expanding a California biogas digester network and pipeline system to convert dairy waste into renewable natural gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that also supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year biofuels facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel biorefinery and a carbon sequestration project in California. For additional information about Aemetis, please visit www.aemetis.com.

    Safe Harbor Statement

    This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results; statements related to the development, engineering, financing, construction, timing, and operation of biodiesel, biogas, sustainable aviation fuel, CO2 sequestration, and other facilities; our ability to promote, develop, finance, and construct such facilities; and statements about future market demand and market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to many risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to government policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

    Company Investor Relations
    Media Contact:
    Todd Waltz
    (408) 213-0940
    investors@aemetis.com

    External Investor Relations
    Contact:
    Kirin Smith
    PCG Advisory Group
    (646) 863-6519
    ksmith@pcgadvisory.com

    The MIL Network

  • MIL-OSI: Bitcoin Depot Schedules First Quarter 2025 Conference Call for Thursday, May 15th at 10:00 am ET

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 01, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Thursday, May 15th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2025. Bitcoin Depot plans to release results before the market opens on the same day.

    Call Date: Thursday, May 15, 2025  
    Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time)

    Phone Instructions
    U.S. and Canada (toll-free): 888-596-4144
    U.S. (toll): 646-968-2525
    Conference ID: 4520708

    Webcast Instructions
    Webcast link: https://edge.media-server.com/mmc/p/akdxpm7o

    A replay of the call will be available beginning after 2:00 p.m. Eastern time through May 22, 2025.

    U.S. & Canada (toll-free) replay number: 800-770-2030
    U.S. toll number: 609-800-9909
    Conference ID: 4520708

    If you have any difficulty connecting with the conference call, please contact Bitcoin Depot’s investor relations team at 1-949-574-3860.

    About Bitcoin Depot
    Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with over 8,400 kiosk locations as of February 25, 2025. Learn more at www.bitcoindepot.com

    Contacts:

    Investors 
    Cody Slach
    Gateway Group, Inc. 
    949-574-3860 
    BTM@gateway-grp.com

    Media 
    Brenlyn Motlagh, Ryan Deloney 
    Gateway Group, Inc.
    949-574-3860 
    BTM@gateway-grp.com

    The MIL Network

  • MIL-OSI: Nvni Group Limited Reports Record 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    ~ Record FY24 Revenue of R$193.3 Million, up 14.4% from 2023 ~

    ~ Delivered the Company’s First Operating Profit of R$16.5 Million ~

    ~ Significant Improvement in Adjusted EBITDA of R$57.4 Million, up 30% Compared to FY23 ~

    ~ Nuvini CEO Pierre Shurmann to Host Investor Webinar on Friday, May 9th, 2025 at 11:00a.m. Eastern Time ~

    NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — Nvni Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer of private SaaS B2B companies in Latin America, today announced its financial results for the full year of 2024, highlighted by record revenue, improvements across KPIs and execution of M&A strategy.

    2024 Key Financial & Operational Highlights:

    • Record Net Operating Revenue of R$193.3 million, an increase of R$24.3 million, or 14.4%, compared to R$169.0 million for 2023, driven mainly by an increase in SaaS subscription revenue, increased customer retention and a growing client base.
    • Continued improvement in Gross Profit and Margin of R$122.5 million and 63.4% compared to $102.8 million and 60.8% for 2023.
    • Delivered the Company’s first Operating Profit of R$16.5 million, a sizeable improvement compared to a loss of R$(189.2) million during 2023.
    • Significantly Increased Adjusted EBITDA by R$13.1 million to R$57.4 million or 30% when compared to R$44.3 million during 2023.
    • Adjusted Free Cash Flow of R$22.5 million, an increase of R$31.9 million when compared to 2023.
    • Cash & Equivalents of R$18.0 million at year end compared to R$11.4 million at the end of 2023.
    • Improved churn of (2.9)% when compared to (3.3)% during 2023, marking improved client satisfaction and performance in relation to competition.
    • Recorded Client Lifetime Value (“LTV”) / Client Acquisition Cost (“CAC”): of 6x for the full year of 2024, an improvement compared to 4x for 2023.

    Subsequent Events:

    • Announced on March 18, 2025 that the Company entered into a term sheet for the acquisition of Munddi Soluções em Tecnologia Ltda. – ME (“Munddi”), an online platform that connects brands with consumers, suppliers, and retail chains based in São Paulo, Brazil. This acquisition, if completed, will mark the first of four planned for 2025 as part of Nuvini’s ongoing expansion strategy. The transaction is expected to close during the second quarter of 2025.

    CEO Commentary:

    “We are pleased to report our FY 2024 financial results highlighted by record revenues, operating profit, and substantial improvements across all of our KPIs, further showcasing our executional abilities to drive sustainable growth and optimize operational performance,” said Pierre Shurmann, CEO of Nuvini. “We continue to make meaningful strides to improve profitability while expanding our revenue base, as evidenced by our recently announced plans to acquire Munddi, which will be one of four targeted acquisitions during FY 2025,” he concluded.

    FY 2025 Outlook

    The Company reiterates its target of a minimum of four completed acquisitions in 2025.

    Nvni Group Limited Investor Webinar

    The Company will be hosting an Investor Webinar on Friday May 9th at 11:00a.m. Eastern Time during which Nuvini CEO, Pierre Shurmann, will deliver prepared remarks discussing financial results, strategic updates and FY25 outlook. A question-and-answer session will follow the presentation. To register for the Investor Webinar, please click here. Interested investors and analysts may submit questions in advance through 5:00pm ET on Thursday, May 8, 2025 to NVNI@mzgroup.us.

    Notes on KPIs

    Churn: Nuvini defines Churn for a given period as the percentage calculated from the clients lost over the total active clients of the previous period. Churn is a key performance measure that Nuvini uses to evaluate its clients’ satisfaction and its performance in relation to the competition.

    Client Lifetime Value (“LTV”) / Client Acquisition Cost (“CAC”): Nuvini’s marketing strategy is underpinned by disciplined, results-driven Client Lifetime Value (“LTV”) and Client Acquisition Cost (“CAC”) metrics. LTV is calculated as follows: (1/average of last 6 months churn rate)*(ARPU*Gross Margin). This provides insight to Nuvini management on the estimated lifetime value of a client over time. CAC is calculated as the sales and marketing expenses divided by the volume of new clients and provides insight on the total cost of client acquisition. Nuvini utilizes standard market premises to calculate LTV and CAC. These metrics provide Nuvini management guidance over the rate and timing of return on marketing investments. Nuvini believes enhances engagement, increases brand awareness and drives repeat purchase. Nuvini’s core brands each have a dedicated marketing team whose goal is to develop a bespoke strategy that engages existing business clients and drives awareness amongst new business clients. Additionally, Nuvini’s highly curated brand portfolio emphasizes a differentiated positioning and purpose for each of its brands in order to target a unique business client. Through a consistent focus on ensuring distinctive brand messaging, Nuvini seeks opportunities to redefine and reinvigorate its existing and acquired brands to appeal to targeted business segments.

    About Nuvini

    Headquartered in São Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. The Nuvini Group acquires software companies within SaaS markets in Latin America. It focuses on acquiring profitable “business-to-business” SaaS companies with a consolidated business model, recurring revenue, positive cash generation and relevant growth potential. The Nuvini Group enables its acquired companies to provide mission-critical solutions to customers within its industry or sector. Its business philosophy is to invest in established companies and foster an entrepreneurial environment that would enable companies to become leaders in their respective industries. The Nuvini Group’s goal is to buy, retain and create value through long-term partnerships with the existing management of its acquired companies.

    Investor Relations Contact:

    Sofia Toledo
    ir@nuvini.co

    MZ North America
    NVNI@mzgroup.us

    Forward-Looking Statements

    Some of the statements contained in this press release include or may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies regarding the future. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Nuvini. There can be no assurance that future developments affecting Nuvini will be those that we have anticipated. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan,” “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements contained in this press release include, but are not limited to, statements about the ability of Nuvini to: realize the benefits expected from this strategic partnership; achieve projections and anticipate uncertainties relating to the business, operations and financial performance of Nuvini, including (i) expectations with respect to financial and business performance, including financial projections and business metrics and any underlying assumptions, (ii) expectations regarding market size, future acquisitions, partnerships or other relationships with third parties, (iii) expectations on Nuvini’s proprietary technology and related intellectual property rights, and (iv) future capital requirements and sources and uses of cash, including the ability to obtain additional capital in the future; enhance future operating and financial results; comply with applicable laws and regulations; stay abreast of modified or new laws and regulations applying to its business, including privacy regulation; anticipate rapid technological changes; and effectively respond to general economic and business conditions.

    While forward-looking statements reflect Nuvini’s good faith beliefs, they are not guarantees of future performance. Nuvini disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. For a further discussion of these and other factors that could cause Nuvini’s future results, performance or transactions to differ significantly from those expressed in any forward-looking statement, please see the section “Risk Factors” of the Annual Report on Form 20-F filed by Nuvini with the U.S. Securities and Exchange Commission on April 30, 2025. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Nuvini.

    The MIL Network

  • MIL-OSI: Apollo Closes its Debut Secondaries Fund at $5.4 Billion, Exceeding Target

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced the final close of Apollo S3 Equity and Hybrid Solutions Fund I (“ASEHS” or the “Fund”), the flagship equity secondaries drawdown strategy of Apollo’s Sponsor and Secondary Solutions (S3) platform, with approximately $5.4 billion in commitments. The final closing exceeded the target, reflecting strong support from a diverse group of global investors including pension funds, sovereign wealth funds, financial institutions and the Wealth segment. The new fund brings total capital raised across the Apollo S3 platform to nearly $10 billion since launching in August 2022.

    S3 and ASEHS seek to provide a holistic set of financing and liquidity solutions, including secondary investments, net asset value (NAV) loans, GP lending, staking and more, for private markets sponsors and investors across asset classes, leveraging Apollo’s expertise in private markets and global, integrated platform. Following record levels of secondary transaction activity in 2024, Apollo believes the Fund is well positioned to continue to address significant market needs for dynamic liquidity solutions for GPs and LPs while providing strong alignment with investors.

    Co-Heads of Apollo S3 Steve Lessar, Veena Isaac and Konnin Tam said, “We believe this successful fundraise solidifies S3 as a leading investment platform providing flexible capital solutions across the secondaries landscape. The strong support that we received from our global investors reflects our differentiated platform and strategy, our disciplined, partnership-oriented approach, as well as the vast and growing opportunity set in private market secondaries.”

    Apollo Co-President Scott Kleinman said, “We have made incredible progress since launching our S3 business unit less than three years ago, efficiently scaling a new business line in a high-growth market. The provision of liquidity solutions in a variety of formats to both sponsors and LP investors is an increasingly important part of the financial ecosystem, and we believe the S3 platform is positioned as a creative capital solutions provider of choice amid robust market demand.”

    Paul, Weiss, Rifkind, Wharton & Garrison LLP represented Apollo in connection with the closing of ASEHS.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2024, Apollo had approximately $751 billion of assets under management. To learn more, please visit www.apollo.com.

    About Apollo S3

    S3 is Apollo’s Sponsor & Secondary Solutions business. S3 provides flexible capital solutions to asset managers and limited partners across the risk-reward spectrum. S3 is a natural extension of Apollo’s global investment platform, offering partner-oriented capital across asset classes including private equity, private credit, infrastructure and real estate. To learn more about S3, please visit http://www.apollos3.com/.

    Contacts

    Noah Gunn

    Global Head of Investor Relations

    Apollo Global Management, Inc.

    212-822-0540

    ir@apollo.com

    Joanna Rose

    Global Head of Corporate Communications

    Apollo Global Management, Inc.

    212-822-0491

    communications@apollo.com

    The MIL Network

  • MIL-OSI: LM Funding America Announces First Quarter 2025 Earnings Call for May 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., May 01, 2025 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced that it has scheduled its first quarter 2025 earnings conference call and webcast for Thursday, May 15, 2025 at 8:00 AM EST.

    LM Funding will publish its first quarter 2025 results as well as an accompanying investor presentation the morning of May 15, 2025 before the call. A copy of the earnings release and investor presentation will be available on the Company’s Investor Relations website at https://www.lmfunding.com/investors.

    Conference Call Details:

    • Date: May 15, 2025
    • Time: 8:00 AM EST
    • Participant Call Links:
      • Live Webcast: Link
      • Participant Call Registration: Link

    About LM Funding America
    LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.

    For investor and media inquiries, please contact: 

    Investor Relations 
    Orange Group 
    Yujia Zhai 
    LMFundingIR@orangegroupadvisors.com

    The MIL Network

  • MIL-OSI: Top KingWin Ltd Announces 1-For-25 Reverse Share Split

    Source: GlobeNewswire (MIL-OSI)

    Guangzhou, China, May 01, 2025 (GLOBE NEWSWIRE) — Top KingWin Ltd (“Top KingWin” or the “Company”) (Nasdaq: WAI) today announced that it will effect a reverse share split of its outstanding class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), at a ratio of 1-for-25, to be effective at the open of business on Monday, May 5, 2025. 

    Our Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market (“Nasdaq”) on or around Monday, May 5, 2025. Following the reverse share split, the Ordinary Shares will have a new par value of $0.0025 per share and will continue to trade on Nasdaq under the symbol “WAI” with the new CUSIP number, G8923U111. The reverse share split is intended for the Company to regain compliance with the minimum bid price requirement of $1.00 per Ordinary Share for continued listing on Nasdaq.

    No fractional shares will be issued in connection with the reverse share split and all such fractional interests will be rounded up to the nearest whole number of Ordinary Shares. In addition, the reverse share split will apply to the Ordinary Shares issuable upon the exercise of the Company’s outstanding derivative securities, with proportionate adjustments to be made to the exercise prices and number of derivates thereof and under the Company’s equity incentive plans.

    The reverse share split will reduce the number of issued and outstanding shares of the Company’s Ordinary Shares from approximately 180 million to approximately 7.2 million.

    On April 22, 2025, the shareholders of the Company approved the reverse share split of the Ordinary Shares, at a ratio of 1-for-25.

    VStock Transfer, LLC is acting as the exchange agent and paying agent for the reverse share split. Shareholders holding their shares in book-entry form or in brokerage accounts need not take any action in connection with the reverse share split.

    VStock Transfer, LLC will provide instructions to any shareholders with certificates regarding the process in connection with the exchange of pre-reverse share split share certificates for ownership in book-entry form or share certificates on a post-reverse share split basis. Shareholders are encouraged to contact their bank, broker or custodian with any procedural questions.

    About Top KingWin Ltd

    Top KingWin’s main clients are entrepreneurs and executives in small and medium-sized enterprises in China. Services provided by Top KingWin to its clients including (i) corporate business training services, which mainly focus on providing training services of advanced knowledge and new perspectives on the capital markets, (ii) corporate consulting services, which mainly focus on providing a combination of customized corporate consulting services to fulfill client’s unique financial needs, (iii) advisory and transaction services, which mainly focus on connecting entrepreneurs and businesses with diversified sources of capital, and (iv) sales of devices to support artificial intelligence data collection and analysis. Its mission is to provide comprehensive services to address clients’ needs throughout all phases of their development and growth.

    Forward-Looking Statements

    This press release contains forward-looking statements. All statements other than statements of historical fact in this press release are forward-looking statements, including but not limited to, the use of proceeds from the Company’s offering, the intent, belief or current expectations of Top KingWin and members of its management, as well as the assumptions on which such statements are based. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

    For more information, please contact:

    Bonnie

    Email: IR@tcjhgw.cn

    The MIL Network

  • MIL-OSI: Monarch Private Capital Wins Capital Finance International Award for Excellence in Tax Equity Impact Investing USA 2025

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 01, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital (Monarch) is proud to announce it has received the 2025 Award for Excellence in Tax Equity Impact Investing USA from Capital Finance International (CFI.co). This prestigious recognition highlights Monarch’s leadership in leveraging tax equity financing to catalyze high-impact investments across clean energy, historic rehabilitation, and affordable housing.

    Since 2005, Monarch has generated over $7 billion in tax credits through more than 900 projects, strengthening communities and accelerating the clean energy transition. The CFI.co judging panel recognized Monarch’s exceptional technical, financial, and legal diligence, comprehensive investor disclosures, and tailored investment strategies as setting a new standard in the field.

    A standout component of Monarch’s offering is its proprietary asset monitoring software, designed over three years to deliver customized performance tracking and robust quarterly and annual reporting. The firm’s approach integrates change-of-law protections, policy engagement, and individualized investment structuring, aligning with investor risk profiles and long-term sustainability goals.

    Tax equity is a vital financial tool that fuels the growth of clean energy, affordable housing and historic rehabilitation in the U.S.,” said George Strobel, Partner, Co-Founder and Co-CEO of Monarch Private Capital. “We are honored to receive this recognition from CFI.co, which reflects not only our technical and fiduciary rigor but also the mission-driven culture that inspires our team to drive impact every day. Monarch remains committed to delivering tailored, high-integrity investments that support our investors’ goals while advancing critical national priorities.”

    The CFI.co judging panel also recognized Monarch’s exceptional talent retention and long-standing relationships with investors and developers, crediting these strengths for its success in structuring resilient, high-performing investment vehicles.

    “Monarch Private Capital exemplifies the transformative potential of tax equity impact investing,” said Anthony Michael, Publisher at CFI.co. “Their deep commitment to transparency, investor alignment, and measurable outcomes distinguishes them as a true industry leader. We’re pleased to celebrate Monarch’s achievements with this year’s award for Excellence in Tax Equity Impact Investing in the U.S.”

    For more information about the award, visit: https://cfi.co/awards/finance/2025/monarch-private-capital-excellence-in-tax-equity-impact-investing-usa-2025/

    To learn about Monarch Private Capital, visit www.monarchprivate.com.

    About Monarch Private Capital

    Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

    CONTACT

    Jane Rafeedie

    Monarch Private Capital

    Jrafeedie@monarchprivate.com

    470-283-8431

    The MIL Network

  • MIL-OSI: Sunrun’s Distributed Power Plant Quadruples in Size to 75,000 Solar-Powered Batteries to Support California’s Grid

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 01, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that its CalReady power plant has more than quadrupled in size as the summer heat begins to stress the state’s energy grid. More than 56,000 Sunrun customers’ solar-plus-battery systems—totaling approximately 75,000 batteries—will provide critical energy to California’s grid during times of high energy prices, heat waves, and other grid emergency events while simultaneously lowering energy costs for all ratepayers.

    “Sunrun is leading the transformation of the energy grid with a customer-led revolution to a more reliable, energy independent way to power their homes while at the same time being a solution to help other Californians who rely solely on the grid,” said Sunrun CEO Mary Powell. “The expansion of CalReady highlights our increasing role as a critical energy provider and underscores the system-wide value we’re delivering to ratepayers, utilities, and the grid.”

    Sunrun’s CalReady power plant is the largest home storage aggregation in the California Energy Commission’s Demand Side Grid Support program. CalReady is available to support the state’s grid each day from 4 to 9 p.m. from May through October. This is the second year that Sunrun has operated CalReady as the nation’s largest virtual power plant.

    In 2024, Sunrun’s CalReady power plant enrolled over 16,000 households and delivered an average of 48 megawatts of stored solar energy to the grid during summer heat waves, reaching an instantaneous peak of 54 megawatts. This year, CalReady’s power output has more than quadrupled and is expected to deliver an average of 250 megawatts per two-hour event, with the ability to reach an instantaneous peak of up to 375 megawatts—enough to power approximately 280,000 homes, equivalent to all of Ventura County, California.

    “Sunrun has created one of the largest batteries in the country, rivaling large-scale utility projects but without taking up additional land or requiring costly new infrastructure,” Powell added. “CalReady’s decentralized nature eliminates any potential single point of failure while offering greater resilience and flexibility for the state’s evolving energy needs.”

    Sunrun customers enrolled in CalReady are compensated up to $150 per battery for sharing their stored solar energy, and Sunrun is paid for dispatching the batteries. Last year, CalReady delivered more than $1.5 million in value to Sunrun customers and helped lower costs for all ratepayers, reduced pollution, and stabilized the grid for all electric customers in the state. This year, Sunrun customers are expected to collectively receive nearly $10 million for participating in the virtual power plant.

    “Being rewarded for sharing energy with the grid from our two batteries makes CalReady a no-brainer,” said San Jose resident and Sunrun customer Tom Weldon. “This will be our third year participating in Sunrun’s virtual power plants. We appreciate the relationships Sunrun develops with customers and utilities to create these programs that have mutual benefits. It’s a win all around.”

    Sunrun’s direct compensation to customers is a stark contrast to the double-digit utility rate hikes in California, which are growing faster than inflation and significantly faster than the average electricity rates across the country.

    “CalReady is unlocking meaningful opportunities for families to generate passive income from their existing storage and solar systems,” said Sunrun President and Chief Revenue Officer Paul Dickson. “Now in its second year, our rapidly growing power plant is proving that grid operators can depend on distributed energy resources to deliver reliable, cost-effective services at scale when critical emergency power is most needed.”

    The scale of CalReady is a direct result of Sunrun’s storage-first strategy. At the end of 2024, more than 60% of new Sunrun customers chose to add battery storage to their solar system. In California, the storage attachment rate was even higher at nearly 90%.

    Sunrun actively monitors and dispatches participating batteries, making it a hassle-free experience for customers enrolled in CalReady. For customers with outage protection, batteries will still retain, at minimum, a backup reserve of 20% so that they can continue to power their homes in the event of a local power outage.

    About Sunrun
    Sunrun Inc. (Nasdaq: RUN) revolutionized the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy. Today, Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs. Sunrun’s innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Sunrun also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value. Discover more at www.sunrun.com

    Media Contact
    Wyatt Semanek
    Director, Corporate Communications
    press@sunrun.com

    Investor & Analyst Contact
    Patrick Jobin
    SVP, Deputy CFO & Investor Relations Officer
    investors@sunrun.com

    The MIL Network

  • MIL-OSI: Bitdeer Announces First Quarter 2025 Earnings Conference Call for May 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 01, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced that it has scheduled its first quarter 2025 earnings conference call and webcast for Thursday, May 15, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and operational results for the quarter ended March 31, 2025, followed by a question-and-answer session.

    Bitdeer will release the first quarter results before the call at approximately 7:00 AM EST on May 15, 2025. A copy of the earnings release will be available on the Company’s Investor Relations website at https://ir.bitdeer.com.

    Conference Call Information:

    • Date: May 15, 2025
    • Time: 8:00 AM EST / 8:00 PM SGT
    • Participant Call Links:
      • Live Webcast: Link
      • Participant Call Registration: Link

    Participants wishing to join the conference call by phone should register using the Participant Call Registration link provided above. After completing the registration, the participants will receive an email with the necessary details to access the call including dial-in number, passcode, and PIN. To ensure a timely start, the Company encourages all callers to connect about 5 minutes before the scheduled time.

    A live and archived webcast of the conference call will be available on the Investors section of Bitdeer’s website at https://ir.bitdeer.com.

    About Bitdeer Technologies Group

    Bitdeer is a world-leading technology company for Bitcoin mining. Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/ or follow Bitdeer on X @ BitdeerOfficial and LinkedIn @ Bitdeer Group.

    Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on the social media and other communication channels listed on its website.

    For investor and media inquiries, please contact:

    Investor Relations
    Orange Group
    Yujia Zhai
    bitdeerIR@orangegroupadvisors.com

    Public Relations
    BlocksBridge Consulting
    Nishant Sharma
    bitdeer@blocksbridge.com

    The MIL Network

  • MIL-OSI: Liquidia Corporation to Report First Quarter 2025 Financial Results on May 8, 2025

    Source: GlobeNewswire (MIL-OSI)

    MORRISVILLE, N.C., May 01, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA), a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease, announced today that it will report its first quarter 2025 financial results on Thursday, May 8, 2025. The company will host a webcast at 8:30 a.m. Eastern Time to discuss its financial results and provide a corporate update.

    The webcast will be available on Liquidia’s website at https://liquidia.com/investors/events-and-presentations. A rebroadcast of the event will be available and archived for a period of one year at the same location.

    About Liquidia Corporation
    Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT® Technology. PRINT enabled the creation of Liquidia’s lead candidate, YUTREPIA™ (treprostinil) inhalation powder, an investigational drug for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).  The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer, and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

    Contact Information

    Investors:
    Jason Adair
    Chief Business Officer
    919.328.4350
    jason.adair@liquidia.com

    Media:
    Patrick Wallace
    Director, Corporate Communications
    919.328.4383
    patrick.wallace@liquidia.com

    The MIL Network

  • MIL-OSI: XRP News: Buy $XDX Token On Presale Before Exchange Listing As Proshares XRP ETF Approval Gains Momentum

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 01, 2025 (GLOBE NEWSWIRE) — As the XRP ecosystem experiences its most bullish cycle in years, XenDex has emerged as the flagship DeFi project at the center of this surge. With ProShares’ XRP Futures ETF now approval underway, and growing speculation around its spot ETF counterpart, XRP’s role in institutional finance is being redefined and XenDex is perfectly positioned to ride this historic momentum.

    Amid this backdrop, XenDex has already filled its soft cap, pushing the project into its final presale phase. With major centralized exchange listings confirmed and token prices rising, investors are racing to secure $XDX tokens before the presale closes.

    Buy $XDX Now Before Pump

    Why Now Is the Time to Buy $XDX

    The $XDX presale isn’t just about getting in early, it’s about claiming a front-row seat to the future of decentralized finance on XRPL. With its growing demand, the token is now priced at:

    • 1.25 XRP = 10 XDX
    • Minimum Buy: 150 XRP

    Buy Now Before the Presale Ends: https://xendex.net/presale

    Exchange Listings Secured

    Once the presale concludes, $XDX will be listed on several top-tier exchanges, including:

    • Binance
    • Gate.io
    • MEXC
    • BitMart
    • FirstLedger
    • MagneticX

    Purchase XDX And Earn Rewards

    What Is XenDex, And Why It’s Built for the Future

    XenDex is the first all-in-one decentralized exchange (DEX) on the XRP Ledger, created to fix the very problems that have limited DeFi on XRPL. It combines ease of use, performance, and innovation, making it perfect for everyone, from first-time users to institutional traders.

    Key Features:

    • AI-Powered Copy Trading – Mirror top traders in real time to reduce losses and maximize gains
    • Non-Custodial Lending & Borrowing – Earn rewards by borrowing and lending XRP and $XDX tokens
    • Cross-Chain Trading – Swap XRP seamlessly across chains like Solana, Ethereum, and BNB
    • Staking & Yield Farming – Earn passive income by supplying liquidity to XenDex pools

    With Ripple scoring back-to-back wins, including the SEC lawsuit withdrawal, ProShares’ XRP ETF approval, and Brazil’s first XRP Spot ETF greenlight, trust in the XRP ecosystem is soaring. As capital pours in, so does demand for XRPL-native platforms like XDX.

    Join XenDex Presale Now

    Join The XDX Holders Before The Price More

    Thousands have already joined the XenDex community across Telegram and X (Twitter), locking in their $XDX tokens before exchange listings go live. With the soft cap filled, token supply shrinking, and momentum building by the hour, this is your last best opportunity to buy before price pressure explodes.

    Visit Official XenDex Links

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

    Disclaimer: This is a paid post provided by XenDex. 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/ee262b4d-a28a-4fff-a855-ee6c3eac4199

    The MIL Network

  • MIL-OSI USA: ICE investigation leads to indictment of Maryland man for supporting armed separatist groups in Cameroon

    Source: US Immigration and Customs Enforcement

    BALTIMORE – An investigation conducted by U.S. Immigration and Customs Enforcement, along with the FBI and the Diplomatic Security Service led to the federal indictment of Cameroonian national, Eric Tano Tataw, 38, of Gaithersburg, Maryland. Tataw, also known as “the Garri Master,” is charged with conspiring to provide material support to armed separatist groups in Cameroon and making threatening communications to injure or kidnap Cameroonian civilians.

    “The indictment of Eric Tataw reflects the unwavering commitment of U.S. Immigration and Customs Enforcement’s Homeland Security Investigations to combat transnational crime and pursue justice for victims around the world,” said ICE HSI Baltimore Special Agent in Charge Michael McCarthy. “Although residing in Maryland, Tataw is alleged to have played a significant role in promoting violence and human rights violations in Cameroon by supporting a separatist movement. These groups have been linked to heinous crimes against civilians, and this case highlights how such atrocities can be financed and directed from afar. HSI will continue to pursue those who facilitate violence—no matter where they are located—and I commend the dedicated agents, analysts, and prosecutors who worked tirelessly on this case. Together, we continue to uphold the rule of law — at home and abroad.”

    According to court documents, multiple armed and violent secessionist groups in the Northwest and Southwest regions of Cameroon are fighting to form a new country called “Ambazonia.” The armed separatist groups sought to achieve secession by not only attacking the Cameroonian military, but also intentionally attacking the civilian population in Cameroon to coerce and intimidate the Cameroonian government into allowing these regions to secede. These separatist fighters are frequently referred to as “Amba Boys.”

    As alleged in the indictment, Tataw was a citizen of Cameroon living in Maryland and was a member of the Cameroonian diaspora with a large social media following. Beginning no later than April 2018, Tataw conspired to provide material support and resources — including money, weapons, and personnel — to Amba Boys in Cameroon, and called for the murder, kidnapping, and maiming of Cameroonian civilians. Tataw and his co-conspirators directed the maiming of Cameroonian civilians by severing their limbs, a practice Tataw called “Garriing.” Tataw used the phrase “small Garri” to refer to removing fingers or other small appendages and the phrase “large Garri” to refer to removing large limbs or killing people. Additionally, Tataw referred to himself as the “Garri Master,” or master of mutilation.

    Tataw and his co-conspirators targeted those believed to be working for or collaborating with the government, including municipal officials, traditional chiefs, and employees of the Cameroon Development Corporation, a government-owned company that grew, processed, and sold bananas, palm oil, and rubber. As alleged, Tataw personally wrote hundreds of social media posts on Facebook, YouTube, and Twitter calling for attacks against Cameroonian civilians, seeking to raise funds to arm Amba Boys, and threatening those he viewed as cooperating with the Cameroonian government. These social media posts were regularly viewed by tens of thousands of people, including Amba Boys and their leaders, and were often further disseminated by third parties allegedly acting at Tataw’s direction or encouragement.

    Tataw and his co-conspirators solicited and raised funds to supply Amba Boys with firearms, ammunition, explosive materials, and other equipment for enforcing lockdown or “ghost-town” orders and carrying out violent attacks. A fundraising campaign, known as the “National AK Campaign,” was designed to arm each Amba Boy in Cameroon with an AK-47 rifle. From September 2018 through December 2020, Tataw and his co-conspirators raised more than $110,000. Tataw and co-conspirators transferred portions of these funds — either directly or through intermediaries — to Amba Boys located in Cameroon and neighboring Nigeria. Additionally, Tataw communicated directly with Amba Boy leaders on the ground in Cameroon. Tataw also, on multiple occasions, personally took credit for Amba Boys murdering, kidnapping, and maiming civilians in connection with the separatists’ cause.

    McCarthy announced the indictment with Kelly O. Hayes, U.S. Attorney for the District of Maryland, Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, Sue J. Bai, Head of the Justice Department’s National Security Division.

    Members of the public with information about criminal activity in your community are encouraged to contact the ICE Tip Line at 866-DHS-2-ICE.

    Learn more about HSI Baltimore’s mission to increase public safety in our Maryland communities on X at @HSIBaltimore.

    MIL OSI USA News

  • MIL-OSI: Binah Capital Group Expands Executive Team with Appointment of Industry Veteran Ryan Marcus as Chief Business Development and Engagement Officer

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — Binah Capital Group, Inc. (“Binah Capital”) (NASDAQ: BCG), a leading financial services enterprise that owns and operates a network of firms empowering independent financial advisors, today welcomed Ryan Marcus as its new Chief Business Development and Engagement Officer.

    In his new role, Mr. Marcus will work closely with Binah Capital’s broker-dealers, including PKS Investments, Cabot Lodge Securities and World Equity Group, to develop and implement long-term business strategies. He will focus on enhancing market presence, building a unified value proposition and driving sustainable growth across the organization.

    Mr. Marcus brings a strong record of results-driven leadership, strategic growth execution and a deep understanding of the wealth management space. Known for his authentic, relationship-focused approach, Mr. Marcus has built a career around driving engagement and unlocking value for financial services organizations. He most recently served in senior roles at MarketCounsel, where he led business development and client engagement initiatives.

    “Ryan is a rare talent and industry builder who understands how trust, transparency and long-term value are created and maintained,” said Craig Gould, CEO of Binah Capital Group. “His deep relationships and intuitive grasp of the advisor landscape will strengthen our ability to deliver unparalleled support to our partners. We’re thrilled to welcome him as a senior executive at Binah and look forward to working together to execute on our strategic growth plans.”

    “MarketCounsel has been so much more than a job to me—it’s been a huge part of my life for over a decade. My colleagues have become part of my family, and being part of such a powerful brand has been both personally and professionally rewarding,” said Marcus. “Being Brian Hamburger’s right hand and personal friend through so many chapters has been one of the most meaningful and fulfilling experiences. As I take this next step and join the leadership team at Binah Capital Group, I look forward to making just as big of an impact here as I have at MarketCounsel.”

    Mr. Marcus’s hiring signifies a meaningful step forward for Binah Capital as it continues to invest in experienced talent to spearhead innovative growth strategies to further enhance our solutions and services.

    About Binah Capital Group

    Binah Capital Group (“Binah Capital”, “Binah” or the “Company,” is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace.

    For more, please visit: www.binahcap.com

    Contact:

    Binah Capital Investor Relations
    ir@binahcap.com

    Binah Capital Public Relations
    media@binahcap.com

    The MIL Network

  • MIL-OSI: Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.08 per Share for May 2025

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today a monthly distribution of $0.08 per share for May 2025. This distribution is payable to common stockholders on May 30, 2025 (as outlined in the table below).

    The Company declares distributions on a monthly basis, with its next distribution expected to be declared in early June. Payment of future distributions is subject to the approval of the Company’s Board of Directors, as well as meeting the covenants on the Company’s debt agreements and the terms of its preferred stock.

    Record Date /
    Ex-Date
    Payment Date Distribution Amount Return of Capital
    Estimate
    5/15/25 5/30/25 $0.08 40%(1)

    (1) This estimate is based on the Company’s anticipated earnings and profits. The final determination of the tax character of distributions will not be determinable until after the end of fiscal 2025 and may differ substantially from this preliminary information.

    Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least 80% of its total assets in securities of Energy Infrastructure Companies. See Glossary of Key Terms in the Company’s most recent quarterly report for a description of these investment categories and the meaning of capitalized terms.

    The Company pays cash distributions to common stockholders at a rate that may be adjusted from time to time. Distribution amounts are not guaranteed and may vary depending on a number of factors, including changes in portfolio holdings and market conditions. 

    This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor’s specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances.

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the U.S. federal securities laws. Forward-looking statements involve a variety of risks and uncertainties. These risks include but are not limited to changes in economic and political conditions; regulatory and legal changes; energy industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in detail in the Company’s filings with the SEC, available at www.kaynefunds.com or www.sec.gov. Actual events could differ materially from these statements or our present expectations or projections. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company’s investment objectives will be attained.

    Contact investor relations at 877-657-3863 or cef@kayneanderson.com.

    The MIL Network

  • MIL-OSI Global: US-Ukraine minerals deal looks better for Kyiv than expected – but Trump is an unpredictable partner

    Source: The Conversation – UK – By Andrew Gawthorpe, Lecturer in History and International Studies, Leiden University

    The United States and Ukraine have finally signed a long-awaited agreement on Ukraine’s postwar reconstruction – and, at first reading, the details appear more favourable for Kyiv than many observers expected.

    At the core of the “economic partnership agreement” is the exploitation of Ukraine’s mineral wealth. Ukraine will get access to US investment and technology, and the US will eventually get a share of the profits. The rest will finance the war-torn nation’s recovery if and when a peace agreement is signed with Russia.

    Several aspects of this deal stand out as positive for Ukraine. Unlike in previous drafts, the country retains ownership of its natural resources. All profits are to be invested in Ukraine for ten years after the agreement comes into force.

    Washington can also make its contribution in the form of new military aid, although it will be down to the US president to decide whether or not to do that.

    Earlier in the negotiations, a major sticking point was the demand from the US president, Donald Trump, that the agreement include compensation for past US aid to Ukraine, which he insisted amounted to US$350 billion (£260 billion). Many analysts estimate the figure is closer to US$120 billion.

    Before the deal was signed, Ukraine’s prime minister, Denys Shmyhal, said the deal would “not include assistance provided before its signing”. And the Ukrainian government announcement stated that the new agreement “focuses on further, not past US military assistance”. But when the US treasury secretary, Scott Bessent, spoke to journalists, he described the deal as “compensation” for “the funding and the weapons”.


    Sign up to receive our weekly World Affairs Briefing newsletter from The Conversation UK. Every Thursday we’ll bring you expert analysis of the big stories in international relations.


    Whether Bessent’s statement represents political spin, or whether there is still distance between Washington and Kyiv on this critical point, remains to be seen. The formal text has not been released, and many details remain to be ironed out. Trump can be an erratic negotiator who is prone to sudden changes of direction.

    Indeed, the signing of this agreement is just the latest twist in a broader effort to bring the war in Ukraine to an end – one which probably still has many surprises ahead. Trump appears to be losing patience with what he views as Russia’s refusal to engage with the peace process. Signing the deal may have been intended as a warning to Moscow to get serious about ending the conflict.

    The new agreement reportedly states that the US and Ukraine share a “long-term strategic alignment”. That’s a far cry from Trump’s rhetoric only a few months ago, when he called Ukraine’s president, Vlodomyr Zelensky, a “dictator”“ and blamed Kyiv for starting the war with Russia. But given Trump’s changes of mood, this agreement is unlikely to be the final word on how he views the conflict.

    Despite talk of a long-term strategic alignment, one thing the deal doesn’t contain is any explicit security guarantees for Ukraine. But the White House argues – and other observers hope – that US investment in Ukraine will give the US an implicit stake in the country’s security. That might deter Russia from attacking Ukraine again, out of fear the US would act to protect its investment.

    However, once we move from the realm of politics and security to economics, several glaring flaws in this logic become apparent. They all come down to whether the mineral wealth at the heart of this agreement can be profitably exploited – and, indeed, whether it even exists.

    Is this a game-changing deal?

    The American humorist Mark Twain is said to have once defined a mine as “a hole in the ground owned by a liar”. Assessing the precise scale of underground mineral deposits is notoriously difficult – and not every deposit can be extracted in a profitable fashion.

    In Ukraine, the exploratory work has simply not been done. Even the supposed size of the deposits, which are based on old Soviet surveys conducted in a superficial fashion, is not certain.

    Many of the minerals that supposedly lie under Ukraine’s surface are so called “rare earths”, which are critical to hi-tech supply chains. But they are also expensive and time-consuming to exploit, requiring a massive upfront investment which may eventually be lost. Even in successful cases, it generally takes over a decade to get production onstream.

    Today, there are few rare-earth projects under development anywhere in the world outside China – even in countries that are not current (and possibly future) war zones. Most of Ukraine’s supposed deposits lie in the east of the country in areas vulnerable to Russian attack, making investment risky.

    All of this makes economic partnership agreement of doubtful long-term significance for the broader peace process. The potential gains from it are too hypothetical to make much difference within a meaningful timescale. The deal is unlikely to generate much real economic incentive for the US to defend Ukraine, and so is unlikely to become a new source of military assistance for Kyiv.

    For the Russian president, Vladimir Putin, the deal doesn’t change a lot. While it might indeed be a signal that Trump is running out of patience with Russia, it does little to change the underlying realities of the conflict.

    We can’t rule out the possibility that Trump, as unpredictable as ever, might make a more meaningful commitment to Ukraine in the future, one that changes the course of the war. But – at first glance, certainly – this minerals deal is not it.

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

    ref. US-Ukraine minerals deal looks better for Kyiv than expected – but Trump is an unpredictable partner – https://theconversation.com/us-ukraine-minerals-deal-looks-better-for-kyiv-than-expected-but-trump-is-an-unpredictable-partner-255723

    MIL OSI – Global Reports

  • MIL-OSI: Parker Reports Fiscal 2025 Third Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    CLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2025, that included the following highlights (compared with the prior year quarter):

    Fiscal 2025 Third Quarter Highlights:

    • Sales were $5.0 billion; organic sales growth was 1%
    • Net income was $961 million, an increase of 32%, or $904 million adjusted, an increase of 6%
    • EPS were $7.37, an increase of 33%, or $6.94 adjusted, an increase of 7%
    • Segment operating margin was 23.2%, an increase of 170 bps, or 26.3% adjusted, an increase of 160 bps
    • YTD cash flow from operations increased 8% to $2.3 billion, or 15.8% of sales
    • Repurchased $650 million of shares in the quarter

    “Our third quarter performance demonstrates the strength of our business and our global team’s ability to continue to deliver record results,” said Jenny Parmentier, Chairman and Chief Executive Officer. “All reported businesses showed substantial margin expansion and helped us surpass 26% adjusted segment operating margin for the first time. We also produced record earnings per share, generated record cash flow from operations, and repurchased $650 million of shares. We recently announced a 10% increase in our quarterly cash dividend and are committed to our strategy of actively deploying capital to drive shareholder value, including acquisitions and increased share repurchase activity, depending on market conditions.”

    “The resiliency of our portfolio coupled with the power of our business system, The Win Strategy™, has enabled us to consistently deliver strong results through business cycles. With our decentralized structure and the agility of our global teams, we are confident in our ability to manage through macroeconomic uncertainty, including tariffs. We are fully committed to achieving our fiscal year 2029 financial targets.”

    This news release contains non-GAAP financial measures. Reconciliations of adjusted numbers and certain non-GAAP financial measures are included in the financial tables of this press release.

    Outlook

    Guidance for the fiscal year ending June 30, 2025 has been updated. The company expects:

    • Sales growth in fiscal 2025 of approximately (1%), with organic sales growth of approximately 1%; divestitures of (1.5%) and unfavorable currency of (0.5%)
    • Total segment operating margin of approximately 22.7%, or approximately 25.9% on an adjusted basis
    • EPS of $25.92 to $26.12, or $26.60 to $26.80 on an adjusted basis, and includes the effect of announced tariffs fully offset by mitigation actions

    Segment Results

     
    Diversified Industrial Segment
     
    North America Businesses 
    $ in mm FY25 Q3   FY24 Q3   Change   Organic Growth
    Sales $ 2,031     $ 2,231     -9.0 %   -3.5 %
    Segment Operating Income $ 467     $ 490     -4.8 %    
    Segment Operating Margin   23.0 %     22.0 %   100 bps    
    Adjusted Segment Operating Income $ 513     $ 538     -4.8 %    
    Adjusted Segment Operating Margin   25.2 %     24.1 %   110 bps    
                           
    • Achieved record adjusted segment operating margin
    • Softness in transportation, off-highway and energy markets
    • Orders positive for second consecutive quarter
           
    International Businesses
    $ in mm FY25 Q3   FY24 Q3   Change   Organic Growth
    Sales $ 1,358     $ 1,434     -5.3 %   -2.8 %
    Segment Operating Income $ 312     $ 310     0.7 %    
    Segment Operating Margin   23.0 %     21.6 %   140 bps    
    Adjusted Segment Operating Income $ 340     $ 337     1.2 %    
    Adjusted Segment Operating Margin   25.1 %     23.5 %   160 bps    
                           
    • Achieved record adjusted segment operating margin
    • Organic growth: 2% APAC; (7%) EMEA; 8% LA
    • Orders accelerate on long-cycle strength
     
    Aerospace Systems Segment
    $ in mm FY25 Q3   FY24 Q3   Change   Organic Growth
    Sales $ 1,572     $ 1,409     11.6 %   11.7 %
    Segment Operating Income $ 373     $ 289     28.9 %    
    Segment Operating Margin   23.7 %     20.5 %   320 bps    
    Adjusted Segment Operating Income $ 451     $ 376     19.8 %    
    Adjusted Segment Operating Margin   28.7 %     26.7 %   200 bps    
                           
    • Achieved record sales on continued aftermarket strength
    • Delivered record adjusted segment operating margin
    • Aerospace backlog increased to a record $7.3 billion
       
    Order Rates
       
      FY25 Q3
    Parker +9 %
    Diversified Industrial Segment – North America Businesses +3 %
    Diversified Industrial Segment – International Businesses +11 %
    Aerospace Systems Segment +14 %
         
    • Parker order rates increased to 9% reflecting our transformed portfolio and long-cycle strength
    • Aerospace orders increased to 14% driven by strength in both commercial and defense
    • Orders remained positive across all reported businesses

    About Parker Hannifin
    Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.

    Contacts:  
    Media: Financial Analysts:
    Aidan Gormley Jeff Miller
    216-896-3258 216-896-2708
    aidan.gormley@parker.com jeffrey.miller@parker.com
       
       

    Notice of Webcast
    Parker Hannifin’s conference call and slide presentation to discuss its fiscal 2025 third quarter results are available to all interested parties via live webcast today at 11:00 a.m. ET, at investors.parker.com. A replay of the webcast will be available on the site approximately one hour after the completion of the call and will remain available for one year. To register for e-mail notification of future events please visit investors.parker.com.

    Note on Orders The company reported orders for the quarter ending March 31, 2025, compared with the same quarter a year ago. All comparisons are at constant currency exchange rates, with the prior year quarter restated to the current-year rates, and exclude divestitures. Diversified Industrial comparisons are on 3-month average computations and Aerospace Systems comparisons are on rolling 12-month average computations.

    Note on Non-GAAP Financial Measures
    This press release contains references to non-GAAP financial information including (a) adjusted net income; (b) adjusted earnings per share; (c) adjusted segment operating margin for Parker and by segment; (d) adjusted segment operating income for Parker and by segment and (e) organic sales growth. The adjusted net income, adjusted earnings per share, adjusted segment operating margin, adjusted segment operating income and organic sales measures are presented to allow investors and the company to meaningfully evaluate changes in net income, earnings per share and segment operating margins on a comparable basis from period to period. Although adjusted net income, adjusted earnings per share, adjusted segment operating margin, adjusted segment operating income, and organic sales growth are not measures of performance calculated in accordance with GAAP, we believe that they are useful to an investor in evaluating the results of this quarter versus the prior period. Comparable descriptions of record adjusted results in this release refer only to the period from the first quarter of FY2011 to the periods presented in this release. This period coincides with recast historical financial results provided in association with our FY2014 change in segment reporting. A reconciliation of non-GAAP measures is included in the financial tables of this press release.

    Forward-Looking Statements
    Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. Often but not always, these statements may be identified from the use of forward-looking terminology such as “anticipates,” “believes,” “may,” “should,” “could,” “expects,” “targets,” “is likely,” “will,” or the negative of these terms and similar expressions, and may also include statements regarding future performance, orders, earnings projections, events or developments. Parker cautions readers not to place undue reliance on these statements. It is possible that the future performance may differ materially from expectations, including those based on past performance.

    Among other factors that may affect future performance are: changes in business relationships with and orders by or from major customers, suppliers or distributors, including delays or cancellations in shipments; disputes regarding contract terms, changes in contract costs and revenue estimates for new development programs; changes in product mix; ability to identify acceptable strategic acquisition targets; uncertainties surrounding timing, successful completion or integration of acquisitions and similar transactions; ability to successfully divest businesses planned for divestiture and realize the anticipated benefits of such divestitures; the determination and ability to successfully undertake business realignment activities and the expected costs, including cost savings, thereof; ability to implement successfully business and operating initiatives, including the timing, price and execution of share repurchases and other capital initiatives; availability, cost increases of or other limitations on our access to raw materials, component products and/or commodities if associated costs cannot be recovered in product pricing; ability to manage costs related to insurance and employee retirement and health care benefits; legal and regulatory developments and other government actions, including related to environmental protection, and associated compliance costs; supply chain and labor disruptions, including as a result of tariffs and labor shortages; threats associated with international conflicts and cybersecurity risks and risks associated with protecting our intellectual property; uncertainties surrounding the ultimate resolution of outstanding legal proceedings, including the outcome of any appeals; effects on market conditions, including sales and pricing, resulting from global reactions to U.S. trade policies; manufacturing activity, air travel trends, currency exchange rates, difficulties entering new markets and economic conditions such as inflation, deflation, interest rates and credit availability; inability to obtain, or meet conditions imposed for, required governmental and regulatory approvals; changes in the tax laws in the United States and foreign jurisdictions and judicial or regulatory interpretations thereof; and large scale disasters, such as floods, earthquakes, hurricanes, industrial accidents and pandemics. Readers should also consider forward-looking statements in light of risk factors discussed in Parker’s Annual Report on Form 10-K for the fiscal year ended June 30, 2024 and other periodic filings made with the SEC.

     
    CONSOLIDATED STATEMENT OF INCOME
     
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands, except per share amounts)   2025       2024       2025       2024  
    Net sales $ 4,960,349     $ 5,074,356     $ 14,606,926     $ 14,742,791  
    Cost of sales   3,129,951       3,279,650       9,249,899       9,478,961  
    Selling, general and administrative expenses   784,355       816,337       2,415,565       2,496,830  
    Interest expense   95,942       123,732       309,835       387,229  
    Other income, net   (44,713 )     (65,406 )     (404,230 )     (228,872 )
    Income before income taxes   994,814       920,043       3,035,857       2,608,643  
    Income taxes   33,628       193,309       427,494       548,780  
    Net income   961,186       726,734       2,608,363       2,059,863  
    Less: Noncontrolling interests   320       160       535       611  
    Net income attributable to common shareholders $ 960,866     $ 726,574     $ 2,607,828     $ 2,059,252  
                   
    Earnings per share attributable to common shareholders:              
    Basic earnings per share $ 7.48     $ 5.65     $ 20.28     $ 16.03  
    Diluted earnings per share $ 7.37     $ 5.56     $ 19.97     $ 15.82  
                   
    Average shares outstanding during period – Basic   128,442,623       128,502,829       128,619,515       128,467,209  
    Average shares outstanding during period – Diluted   130,320,802       130,593,026       130,576,225       130,169,331  
                   
                   
    CASH DIVIDENDS PER COMMON SHARE              
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Amounts in dollars)   2025       2024       2025       2024  
    Cash dividends per common share $ 1.63     $ 1.48     $ 4.89     $ 4.44  
                   
                   
     
    RECONCILIATION OF ORGANIC GROWTH
     
    (Unaudited) Three Months Ended
      As Reported           Adjusted
      March 31, 2025   Currency   Divestitures   March 31, 2025
    Diversified Industrial Segment (7.6 )%   (1.5 )%   (2.9 )%   (3.2 )%
    Aerospace Systems Segment 11.6 %   (0.1 )%   %   11.7 %
    Total (2.2 )%   (1.0 )%   (2.1 )%   0.9 %
                   
    (Unaudited) Nine Months Ended
      As Reported           Adjusted
      March 31, 2025   Currency   Divestitures   March 31, 2025
    Diversified Industrial Segment (6.5 )%   (1.0 )%   (1.7 )%   (3.8 )%
    Aerospace Systems Segment 14.3 %   0.1 %   %   14.2 %
    Total (0.9 )%   (0.7 )%   (1.2 )%   1.0 %
                     
                     
     
    RECONCILIATION OF NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS TO ADJUSTED NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS
     
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands)   2025       2024       2025       2024  
    Net income attributable to common shareholders $ 960,866     $ 726,574     $ 2,607,828     $ 2,059,252  
    Adjustments:              
    Acquired intangible asset amortization expense   135,964       141,216       414,211       438,763  
    Business realignment charges   10,379       8,468       40,740       35,914  
    Integration costs to achieve   5,447       13,256       18,751       29,676  
    Gain on sale of building               (10,461 )      
    Gain on divestitures               (249,748 )     (25,651 )
    Saegertown incident   7,725             7,725        
    Tax effect of adjustments1   (36,689 )     (38,779 )     (82,337 )     (108,403 )
    Discrete tax benefit2   (179,849 )           (179,849 )      
    Adjusted net income attributable to common shareholders $ 903,843     $ 850,735     $ 2,566,860     $ 2,429,551  
                   
                   
     
    RECONCILIATION OF EARNINGS PER DILUTED SHARE TO ADJUSTED EARNINGS PER DILUTED SHARE
     
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Amounts in dollars)   2025       2024       2025       2024  
    Earnings per diluted share $ 7.37     $ 5.56     $ 19.97     $ 15.82  
    Adjustments:              
    Acquired intangible asset amortization expense   1.04       1.08       3.17       3.36  
    Business realignment charges   0.08       0.06       0.31       0.27  
    Integration costs to achieve   0.04       0.10       0.14       0.23  
    Gain on sale of building               (0.08 )      
    Gain on divestitures               (1.91 )     (0.20 )
    Saegertown incident   0.06             0.06        
    Tax effect of adjustments1   (0.28 )     (0.29 )     (0.61 )     (0.82 )
    Discrete tax benefit2   (1.37 )           (1.37 )      
    Adjusted earnings per diluted share $ 6.94     $ 6.51     $ 19.68     $ 18.66  
                   
    This line item reflects the aggregate tax effect of all non-tax adjustments reflected in the preceding line items of the table. We estimate the tax effect of each adjustment item by applying our overall effective tax rate for continuing operations to the pre-tax amount, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment.
    Release of a tax valuation allowance.
     
     
    BUSINESS SEGMENT INFORMATION
     
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands)   2025     2024       2025       2024  
    Net sales              
    Diversified Industrial $ 3,388,759   $ 3,665,643     $ 10,097,723     $ 10,798,644  
    Aerospace Systems   1,571,590     1,408,713       4,509,203       3,944,147  
    Total net sales $ 4,960,349   $ 5,074,356     $ 14,606,926     $ 14,742,791  
    Segment operating income              
    Diversified Industrial $ 779,103   $ 800,211     $ 2,273,211     $ 2,359,299  
    Aerospace Systems   372,908     289,339       1,034,078       778,711  
    Total segment operating income   1,152,011     1,089,550       3,307,289       3,138,010  
    Corporate general and administrative expenses   43,698     56,782       148,756       162,340  
    Income before interest expense and other expense (income), net   1,108,313     1,032,768       3,158,533       2,975,670  
    Interest expense   95,942     123,732       309,835       387,229  
    Other expense (income), net   17,557     (11,007 )     (187,159 )     (20,202 )
    Income before income taxes $ 994,814   $ 920,043     $ 3,035,857     $ 2,608,643  
                   
                   
     
    RECONCILIATION OF SEGMENT OPERATING MARGINS TO ADJUSTED SEGMENT OPERATING MARGINS
     
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands)   2025       2024       2025       2024  
    Diversified Industrial Segment sales $ 3,388,759     $ 3,665,643     $ 10,097,723     $ 10,798,644  
                   
    Diversified Industrial Segment operating income $ 779,103     $ 800,211     $ 2,273,211     $ 2,359,299  
    Adjustments:              
    Acquired intangible asset amortization   61,600       66,409       189,434       201,669  
    Business realignment charges   10,249       6,953       38,492       32,877  
    Integration costs to achieve   2,072       1,292       3,477       3,302  
    Adjusted Diversified Industrial Segment operating income $ 853,024     $ 874,865     $ 2,504,614     $ 2,597,147  
                   
    Diversified Industrial Segment operating margin   23.0 %     21.8 %     22.5 %     21.8 %
    Adjusted Diversified Industrial Segment operating margin   25.2 %     23.9 %     24.8 %     24.1 %
                   
                   
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands)   2025       2024       2025       2024  
    Aerospace Systems Segment sales $ 1,571,590     $ 1,408,713     $ 4,509,203     $ 3,944,147  
                   
    Aerospace Systems Segment operating income $ 372,908     $ 289,339     $ 1,034,078     $ 778,711  
    Adjustments:              
    Acquired intangible asset amortization   74,364       74,807       224,777       237,094  
    Business realignment charges   35       (12 )     429       318  
    Integration costs to achieve   3,375       11,964       15,274       26,374  
    Adjusted Aerospace Systems Segment operating income $ 450,682     $ 376,098     $ 1,274,558     $ 1,042,497  
                   
    Aerospace Systems Segment operating margin   23.7 %     20.5 %     22.9 %     19.7 %
    Adjusted Aerospace Systems Segment operating margin   28.7 %     26.7 %     28.3 %     26.4 %
                   
           
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands)   2025       2024       2025       2024  
    Total net sales $ 4,960,349     $ 5,074,356     $ 14,606,926     $ 14,742,791  
                   
    Total segment operating income $ 1,152,011     $ 1,089,550     $ 3,307,289     $ 3,138,010  
    Adjustments:              
    Acquired intangible asset amortization   135,964       141,216       414,211       438,763  
    Business realignment charges   10,284       6,941       38,921       33,195  
    Integration costs to achieve   5,447       13,256       18,751       29,676  
    Adjusted total segment operating income $ 1,303,706     $ 1,250,963     $ 3,779,172     $ 3,639,644  
                   
    Total segment operating margin   23.2 %     21.5 %     22.6 %     21.3 %
    Adjusted total segment operating margin   26.3 %     24.7 %     25.9 %     24.7 %
                                   
                                   
     
    CONSOLIDATED BALANCE SHEET
     
    (Unaudited) March 31,   June 30,
    (Dollars in thousands)   2025     2024
    Assets      
    Current assets:      
    Cash and cash equivalents $ 408,735   $ 422,027
    Trade accounts receivable, net   2,852,833     2,865,546
    Non-trade and notes receivable   281,789     331,429
    Inventories   2,822,547     2,786,800
    Prepaid expenses   253,436     252,618
    Other current assets   157,800     140,204
    Total current assets   6,777,140     6,798,624
    Property, plant and equipment, net   2,821,566     2,875,668
    Deferred income taxes   271,431     92,704
    Investments and other assets   1,215,201     1,207,232
    Intangible assets, net   7,370,524     7,816,181
    Goodwill   10,461,946     10,507,433
    Total assets $ 28,917,808   $ 29,297,842
           
    Liabilities and equity      
    Current liabilities:      
    Notes payable and long-term debt payable within one year $ 1,951,543   $ 3,403,065
    Accounts payable, trade   1,980,967     1,991,639
    Accrued payrolls and other compensation   473,725     581,251
    Accrued domestic and foreign taxes   356,506     354,659
    Other accrued liabilities   851,725     982,695
    Total current liabilities   5,614,466     7,313,309
    Long-term debt   7,421,370     7,157,034
    Pensions and other postretirement benefits   389,891     437,490
    Deferred income taxes   1,399,612     1,583,923
    Other liabilities   692,644     725,193
    Shareholders’ equity   13,390,974     12,071,972
    Noncontrolling interests   8,851     8,921
    Total liabilities and equity $ 28,917,808   $ 29,297,842
           
           
     
    CONSOLIDATED STATEMENT OF CASH FLOWS
     
      Nine Months Ended
    (Unaudited) March 31,
    (Dollars in thousands)   2025       2024  
    Cash flows from operating activities:      
    Net income $ 2,608,363     $ 2,059,863  
    Depreciation and amortization   677,665       696,463  
    Stock incentive plan compensation   129,766       128,682  
    Gain on sale of businesses   (253,043 )     (23,667 )
    (Gain) loss on property, plant and equipment and intangible assets   (8,531 )     5,847  
    Net change in receivables, inventories and trade payables   (101,351 )     (244,268 )
    Net change in other assets and liabilities   (514,937 )     (427,509 )
    Other, net   (229,171 )     (48,334 )
    Net cash provided by operating activities   2,308,761       2,147,077  
    Cash flows from investing activities:      
    Capital expenditures   (304,153 )     (283,328 )
    Proceeds from property, plant and equipment   31,871       8,905  
    Proceeds from sale of businesses   622,697       75,561  
    Other, net   (5,745 )     4,561  
    Net cash provided by (used in) investing activities   344,670       (194,301 )
    Cash flows from financing activities:      
    Net payments for common stock activity   (856,925 )     (237,689 )
    Acquisition of noncontrolling interests         (2,883 )
    Net payments for debt   (1,193,952 )     (1,193,373 )
    Dividends paid   (630,168 )     (571,583 )
    Net cash used in financing activities   (2,681,045 )     (2,005,528 )
    Effect of exchange rate changes on cash   14,322       (16,946 )
    Net decrease in cash and cash equivalents   (13,292 )     (69,698 )
    Cash and cash equivalents at beginning of year   422,027       475,182  
    Cash and cash equivalents at end of period $ 408,735     $ 405,484  
           
           
    RECONCILIATION OF FORECASTED ORGANIC GROWTH  
    (Unaudited)  
    (Amounts in percentages) Fiscal Year 2025
    Forecasted net sales ~ (1%)
    Adjustments:  
    Currency 0.5%
    Divestitures 1.5%
    Adjusted forecasted net sales ~ 1%
       
       
    RECONCILIATION OF FORECASTED SEGMENT OPERATING MARGIN TO ADJUSTED FORECASTED SEGMENT OPERATING MARGIN
       
    (Unaudited)  
    (Amounts in percentages) Fiscal Year 2025
    Forecasted segment operating margin ~ 22.7%
    Adjustments:  
    Business realignment charges 0.3%
    Costs to achieve 0.1%
    Acquisition-related intangible asset amortization expense 2.8%
    Adjusted forecasted segment operating margin ~ 25.9%
       
     
       
    RECONCILIATION OF FORECASTED EARNINGS PER DILUTED SHARE TO ADJUSTED FORECASTED EARNINGS PER DILUTED SHARE
       
    (Unaudited)  
    (Amounts in dollars) Fiscal Year 2025
    Forecasted earnings per diluted share $25.92 to $26.12
    Adjustments:  
    Business realignment charges 0.47
    Costs to achieve 0.17
    Acquisition-related intangible asset amortization expense 4.22
    Net gain on divestitures (1.91)
    Gain on sale of building (0.08)
    Saegertown incident 0.06
    Tax effect of adjustments1 (0.88)
    Discrete tax benefit2 (1.37)
    Adjusted forecasted earnings per diluted share $26.60 to $26.80
       
    This line item reflects the aggregate tax effect of all non-tax adjustments reflected in the preceding line items of the table. We estimate the tax effect of each adjustment item by applying our overall effective tax rate for continuing operations to the pre-tax amount, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment.
       
    Release of a tax valuation allowance.  
       
    Note: Totals may not foot due to rounding
     
     
    SUPPLEMENTAL INFORMATION
     
    BUSINESS SEGMENT INFORMATION
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands)   2025     2024     2025     2024
    Net sales              
    Diversified Industrial:              
    North America businesses $ 2,030,970   $ 2,231,478   $ 6,059,302   $ 6,571,587
    International businesses   1,357,789     1,434,165     4,038,421     4,227,057
                   
    Segment operating income              
    Diversified Industrial:              
    North America businesses $ 467,064   $ 490,452   $ 1,378,194   $ 1,458,355
    International businesses   312,039     309,759     895,017     900,944
                           
                           
       
    RECONCILIATION OF ORGANIC GROWTH
       
    (Unaudited) Three Months Ended
      As Reported             Adjusted
      March 31, 2025   Currency     Divestitures   March 31, 2025
    Diversified Industrial Segment:                
    North America businesses (9.0 )%   (0.8 )%   (4.7 )%   (3.5 )%
    International businesses:                
    Europe (8.6 )%   (1.7 )%   %   (6.9 )%
    Asia Pacific (0.8 )%   (3.0 )%   %   2.2 %
    Latin America (0.2 )%   (8.1 )%   %   7.9 %
    International businesses (5.3 )%   (2.5 )%   %   (2.8 )%
                     
    (Unaudited) Nine Months Ended
      As Reported             Adjusted
      March 31, 2025   Currency     Divestitures   March 31, 2025
    Diversified Industrial Segment:                
    North America businesses (7.8 )%   (0.6 )%   (2.7 )%   (4.5 )%
    International businesses:                
    Europe (8.1 )%   (0.4 )%   %   (7.7 )%
    Asia Pacific 0.8 %   (1.9 )%   %   2.7 %
    Latin America (3.3 )%   (13.9 )%   %   10.6 %
    International businesses (4.5 )%   (1.8 )%   %   (2.7 )%
                       
                       
     
    RECONCILIATION OF SEGMENT OPERATING MARGINS TO ADJUSTED SEGMENT OPERATING MARGINS
     
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands)   2025       2024       2025       2024  
    Diversified Industrial Segment:              
    North America businesses sales $ 2,030,970     $ 2,231,478     $ 6,059,302     $ 6,571,587  
                   
    North America businesses operating income $ 467,064     $ 490,452     $ 1,378,194     $ 1,458,355  
    Adjustments:              
    Acquired intangible asset amortization   40,209       43,945       124,169       133,327  
    Business realignment charges   4,218       3,058       13,106       8,892  
    Integration costs to achieve   1,038       841       2,088       2,348  
    Adjusted North America businesses operating income $ 512,529     $ 538,296     $ 1,517,557     $ 1,602,922  
                   
    North America businesses operating margin   23.0 %     22.0 %     22.7 %     22.2 %
    Adjusted North America businesses operating margin   25.2 %     24.1 %     25.0 %     24.4 %
                   
           
      Three Months Ended   Nine Months Ended
    (Unaudited) March 31,   March 31,
    (Dollars in thousands)   2025       2024       2025       2024  
    Diversified Industrial Segment:              
    International businesses sales $ 1,357,789     $ 1,434,165     $ 4,038,421     $ 4,227,057  
                   
    International businesses operating income $ 312,039     $ 309,759     $ 895,017     $ 900,944  
    Adjustments:              
    Acquired intangible asset amortization   21,391       22,464       65,265       68,342  
    Business realignment charges   6,031       3,895       25,386       23,985  
    Integration costs to achieve   1,034       451       1,389       954  
    Adjusted International businesses operating income $ 340,495     $ 336,569     $ 987,057     $ 994,225  
                   
    International businesses operating margin   23.0 %     21.6 %     22.2 %     21.3 %
    Adjusted International businesses operating margin   25.1 %     23.5 %     24.4 %     23.5 %
                                   

    The MIL Network

  • MIL-OSI United Kingdom: Council expresses concern at BT job losses

    Source: Northern Ireland – City of Derry

    Council expresses concern at BT job losses

    30 April 2025

    Members of Derry City and Strabane District Council today voted in favour of a Notice of Motion expressing great concern that BT intends to close their offices in Derry with the loss of up to 140 jobs.
    Elected Members, as part of the proposal, agreed to seek an urgent meeting with BT’s Corporate Management to discuss the decision and the impact it will have on the local economy.

    At the monthly meeting of Full Council, Elected Members voted unanimously in favour of the notice of motion that stated: “Council will meet with BT Corporate Management to express our concern and the concerns of people across the city feel at the announcement that they will close their Derry facility. 

    “Council sends its solidarity to BT workers and their families and commits to do everything we can to support them.  

    “Council will meet with the CWU to offer our support. 

    “Council requests the Economy Minister and Invest NI work with Council and the trade union to do everything possible to support workers and employment here.”

    Mayor of Derry City and Strabane District Council, Cllr Lilian Seenoi Barr, who chaired the meeting added: “News from BT Group regarding the proposed closure of their Derry office is deeply concerning.

    “My immediate thoughts are with the 140 individuals and their families who are directly impacted by this announcement.

    “While BT Group outlines their rationale for this decision, citing a modernisation programme and consolidation of their estate, the potential loss of these jobs in our city is a significant blow.

    “Our city has a skilled and dedicated workforce and we will work tirelessly to mitigate the impact of this proposed closure and to continue attracting and retaining quality jobs in our city.

    “I will be following up with BT Group directly to express these concerns and to advocate for them to reconsider their decision and to take all the necessary steps to protect those impacted in our community.”

    MIL OSI United Kingdom

  • MIL-OSI United Nations: G20 Working Group advances its 2025 agenda and with Africa at the forefront

    Source: UNISDR Disaster Risk Reduction

    The second meeting of the Group of Twenty (G20) Disaster Risk Reduction Working Group put the issues facing Africa in focus as it made progress on its agenda for the year in the lead-up to the Ministerial meeting in October.

    Held under South Africa’s G20 Presidency, with the United Nations Office for Disaster Risk Reduction (UNDRR) serving as Secretariat, the Working Group met for two informal days (8 and 9 April) and two formal days of discussions (10 and 11 April) in eThekwini, South Africa.

    The centrality of disaster risk reduction to development and prosperity was reaffirmed by the Chair of the meeting, Mr. Mbulelo Tshangana, Director-General of South Africa’s Department of Cooperative Governance, who said at the opening: 

    “Disaster risk reduction is not merely a technical agenda. It is a development imperative, it speaks to equity, justice, and sustainability. And it requires our unwavering commitment, political will, and solidarity.”

    This was echoed by Dr. Abhilash Panda, Deputy Chief of the Intergovernmental, Interagency Cooperation and Partnerships Branch at UNDRR, who emphasized the important role of the G20 in driving cooperation around disaster risk reduction:

    “Disasters have far-reaching impacts on growth, stability, and development gains. By embedding DRR into the G20’s economic agenda, we have the opportunity to drive smarter investments, protect livelihoods, and build more resilient economies for the future.” 

    The meeting highlighted for the first time Africa’s unique challenges and innovations in disaster risk reduction —through site visits, side events on early warning and extreme heat, and examples of locally led solutions from across the continent. 

    The Working Group also made progress in advancing the priorities and deliverables that were presented at the first meeting, especially around financing.  In this regard, UNDRR presented to the group an initial draft of the “high-level principles for financing in DRR” for the group’s consideration, and Norway briefed the group on the outcomes of the Oslo Policy Forum on DRR Financing that it hosted with UNDRR in March. 

    Looking ahead, the third meeting of the Working Group will be held in Johannesburg from 7 to 10 July, which will set the stage for the Ministerial-level meeting in October 2025.

    MIL OSI United Nations News

  • MIL-OSI United Nations: Myanmar earthquake: Investing in disaster risk reduction to save lives and protect sustainable development

    Source: UNISDR Disaster Risk Reduction

    One month has passed since the devastating 7.7 magnitude earthquake that struck Myanmar on 28 March 2025, which was also felt in Thailand and southwest China. UN-Habitat and the United Nations Office for Disaster Risk Reduction (UNDRR) reiterate their condolences for the tragic loss of life and call for greater investment in disaster risk reduction and urban resilience in earthquake-prone countries – to help prevent such tragedies in the future. This call carries special significance today, as the UN General Assembly votes to designate 29 April as the International Day in Memory of the Victims of Earthquakes.

    Earthquakes are among the deadliest natural hazards and are responsible for some of the most devastating disasters in human history. Their sudden nature means proactive disaster risk reduction is essential to reducing deaths and economic losses. And as it is often said, it is not earthquakes that kill people, but the collapse of buildings. Hence, countries in earthquake-prone zones must proactively invest in building their resilience. This means updating and enforcing building codes to ensure all new structures are earthquake-resistant as well as retrofitting old ones to meet resilience standards.

    The impact of the earthquake in Myanmar, which as of 24 April resulted in the death of over 3,700 people, injuries of nearly 4,800, and the destruction of almost 65,000 structures, including homes, schools, and hospitals, is a sad reminder of the terrible cost of disasters.  Moreover, the existing vulnerabilities, from years of conflict and instability, worsened the earthquake’s impact, highlighting the importance of disaster risk reduction in countries affected by conflict, violence, or fragility.

    However, there is an opportunity for Myanmar to emerge from this disaster more resilient if the recovery process is based on the “build back better” approach, as called for in the Sendai Framework for Disaster Risk Reduction 2015-2030. UN-Habitat and UNDRR are committed to supporting countries to accelerate the implementation of the Sendai Framework in the remaining five years to help them avoid the worst impacts of disasters.

    This includes recognizing the vital role of housing in resilience building, as Anacláudia Rossbach, Executive Director of UN-Habitat, states: “In these challenging times, our unwavering commitment is to support the communities affected by the earthquake. Since establishing our office in Myanmar following Cyclone Nargis, we have focused on risk-sensitive urban development to enhance resilience. Earthquakes do more than just damage buildings; they profoundly affect lives and the fabric of communities. Together with our partners and the communities themselves, we are dedicated not only to rebuilding housing and infrastructure but also to instilling hope, ensuring that each step we take makes the rebuilt areas stronger and more resilient than before.”

    UN-Habitat has been engaged in a range of projects across Myanmar, as detailed in the Country Programme Overview 2024–2026, which include essential initiatives such as solid waste management, climate action, and the implementation of nature-based solutions for disaster risk reduction. These efforts are complemented by upcoming initiatives aimed at developing nature-based solutions, climate-resilient schools, and resilient villages. This integrated approach ensures that resilience-building activities are both comprehensive and inclusive, addressing the immediate and long-term needs of Myanmar’s communities.

    Enhancing bilateral and multilateral cooperation is key to responding to these challenges, and the United Nations stands ready to support on this front. That is why international assistance to Myanmar must be increased to address urgent humanitarian needs, in urban and in hard-to-reach rural areas, and to support recovery efforts. This includes support to help Myanmar better understand the climate and disaster risks it faces and to strengthen its early warning system, which was impacted by the earthquake. 

    Kamal Kishore, Special Representative of the UN Secretary-General for Disaster Risk Reduction and Head of UNDRR, echoed the call made by the UN Resident Coordinator and Humanitarian Coordinator, urging the international community to step up its support in this critical time: “The people of Myanmar urgently require unwavering support from the international community in these trying times. I call on all nations to redouble their efforts in reducing disaster risks and bolstering resilience, ensuring that communities are better protected against all hazards.”

    He also emphasized the importance of proactive measures to reduce earthquake disaster losses, noting: “Our understanding of the physics of earthquakes has improved. We also understand how buildings and infrastructure respond to earthquakes, and we know how to make them safer. From designing a simple structure to a complex physical infrastructure, engineering knowledge is at an all-time high. Yet the risk of losses from earthquakes is rising in most seismic countries. But trend is not destiny. It can be arrested. It can be reversed.”

    UN-Habitat and UNDRR are committed to supporting countries to build their disaster resilience and are cooperating in several areas. UN-Habitat has been an active member of the UNDRR-hosted International Recovery Platform since its inception. Additionally, both UN agencies are co-organizing sessions on resilient housing and reconstruction ahead and during the 8th Session of the Global Platform for Disaster Risk Reduction (GP2025), which will be held this June in Geneva.  

    Little can be done to prevent hazards like earthquakes from occurring. However, plenty can be done to prevent the damage they cause. Investing in disaster risk reduction and urban resilience building is the best way to save lives and protect sustainable development.

    MIL OSI United Nations News

  • MIL-OSI Asia-Pac: Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Inaugurates ‘Corporate Bhavan’ in Kolkata; New Multi-Office Facility brings MCA Departments Under One Roof

    Source: Government of India

    Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Inaugurates ‘Corporate Bhavan’ in Kolkata; New Multi-Office Facility brings MCA Departments Under One Roof

    New Seven-Storey Corporate Bhavan Features Smart Design and Green Infrastructure

    Country’s First Facilitation Centre of Prime Minister Internship Scheme (PMIS) also Launched at Corporate Bhavan, Kolkata; aims to Connect Youth with Corporate Internship Opportunities

    Posted On: 01 MAY 2025 4:30PM by PIB Delhi

    The Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman inaugurated the ‘Corporate Bhavan’ in New Town, Kolkata today. This new facility will house different offices of the Ministry of Corporate Affairs, including Regional Directorate (East), Registrar of Companies, Official Liquidator, SFIO, NCLT (Kolkata Bench) and IBBI under one roof.

    Speaking on the Occasion, Smt. Nirmala Sitharaman said that Corporate Bhawan will become a true single-window interface for companies, insolvency professionals, auditors, startups, and investors seeking timely corporate regulatory services.

    The consolidation of services at the Corporate Bhawan will help significantly cut costs, accelerate approval process, and improve operational efficiency – all of which will help enhance Ease of Doing Business, Smt. Nirmala Sitharaman added.

    Addressing officers of the Ministry of Corporate Affairs, Smt. Nirmala Sitharaman also stated that our regulatory frameworks must not only safeguard good governance but also enable enterprise, encourage formalisation, and build trust in our systems.

    The Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman said that the first ever ‘Prime Minister Internship Scheme (PMIS) Facilitation Centre’ is also located in the Corporate Bhavan, Kolkata. It will help the aspiring Interns in getting the information and issues related to their application.

    The seven stories building has a built-up area of about 13,239 square meters and the total project costed around Rs. 150.43 crores. It is designed with a focus on energy efficiency, waste recycling, smart parking, and the well-being of its occupants. Equipped with CO2 sensors in the AHU, the building ensures proper indoor air quality.

    The event celebrated the launch of the first ever ‘Prime Minister Internship Scheme (PMIS) Facilitation Centre’ on the 7th floor of the Corporate Bhawan.

     

    The MCA CII PMIS Centre, a collaborative initiative between the Ministry of Corporate Affairs (MCA) and  Confederation of Indian Industry (CII), aims to connect eligible youth (aged 21-24) with internship opportunities offered by participating companies. Through a dedicated three-member team, the centre will focus on identifying eligible candidates who are not in full-time education or employment, providing comprehensive guidance, and facilitating their registration and application in the PM Internship Scheme.

    The PMIS Facilitation Centre shall :

    − Facilitate PMIS registration and application process for eligible candidates

    − Provide professional career counselling and guidance

    − Match candidate qualifications and interests with suitable internship opportunities

    − Create awareness about professional opportunities through outreach programmes

    *****

    NB/AD

    (Release ID: 2125779) Visitor Counter : 140

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Ms. Sujata Chaturvedi Assumes Charge as Member, Union Public Service Commission

    Source: Government of India

    Posted On: 01 MAY 2025 3:06PM by PIB Delhi

    Ms. Sujata Chaturvedi, Former Secretary, Department of Sports, Ministry of Youth Affairs and Sports took the Oath of Office and Secrecy as Member, Union Public Service Commission today. The Oath was administered by Lt. Gen. Raj Shukla (Retd.), seniormost Member of the Commission.

    Ms. Sujata Chaturvedi did her Graduation in English and Post Graduation in History from Nagpur University. She also has an M.Phil in Public Administration and Diploma in the Russian Language.

    Ms. Chaturvedi belongs to the 1989 batch of the Indian Administrative Service and was allotted Bihar Cadre. She has vast administrative experience of more than three decades in the cadre, as well as in the Government of India. In the State, she served as Principal Secretary, D/o Finance, Commercial Tax Commissioner, Secretary, D/o Finance, Vice Chairman, D/o Urban Development. At the Centre, she held the post of Secretary, Youth Affairs and Sports, Additional Secretary, DOPT and Regional Deputy Director General in Unique Identification Authority of India. Ms. Chaturvedi, during her tenure as the Secretary, Dept of Sports, contributed significantly to many initiatives for the overall development of sports in the country. To name a few, some of her initiatives are hosting the annual Khelo India Games, the FIDE Chess Olympiad, FIFA Under-17 Women’s World Cup, implementation of a National Sports Repository System, country-wide mapping of standard sports facilities and the enactment of the Anti-Doping bill to strengthen the nation’s fight against doping.

    Ms. Chaturvedi hails from the state of Maharashtra. She is conversant

    MIL OSI Asia Pacific News

  • MIL-OSI: Draganfly and Autonome Labs Announce Teaming Agreement to Deliver UAV-Based Demining Mesh Deployment Solution

    Source: GlobeNewswire (MIL-OSI)

    Tampa, FL, May 01, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”) an industry-leading developer of drone solutions and systems is pleased to announce a strategic teaming agreement with Autonome Labs, a humanitarian tech innovator, to develop an integrated aerial deployment solution for M.A.G.I.C, (Mine and Ground Inert Clearance) Autonome’s groundbreaking mesh-based demining system.

    The collaboration will pair Draganfly’s Heavy Lift drone platform with Autonome’s M.A.G.I.C. system to safely and efficiently deploy demining mesh designed to detonate and neutralize landmines across hazardous terrain. This joint solution enables rapid clearance of explosive threats, significantly reducing risk to human demining teams and accelerating the restoration of safe, usable land.

    “This partnership reflects the best of what our technology is capable of, saving lives, rebuilding communities, and bringing hope where it’s needed most,” said Cameron Chell, CEO of Draganfly. “Working with Autonome Labs allows us to deliver real-world impact in some of the most challenging environments.”

    The Heavy Lift drone platform, engineered for accuracy and high-capacity transport, will be adapted to support low-altitude, precision deployment of Autonome’s smart mesh system.

    “Our collaboration with Draganfly represents a critical step forward in the way autonomous technologies are deployed in high-risk environments,” said Kyle Debanks, COO of Autonome Labs. “By combining our smart demining mesh system with Draganfly’s proven drone platform, we’re enabling a safer, more scalable solution for clearing dangerous terrain—ultimately protecting lives and restoring access to vital land.”

    Initial integration and testing will begin in 2025, with plans to pilot the system in post-conflict regions later in the year.

    About Autonome Labs

    Autonome Labs is a technology company specializing in advanced autonomous and robotic systems for complex and high-stakes environments. With a mission to transform industries through safe, reliable, and AI-driven solutions, Autonome develops cutting-edge technologies that address real-world challenges—from automated drone platforms to autonomous firefighting robots and intelligent systems designed for extreme conditions. By combining deep technical expertise with a forward-thinking approach, Autonome Labs delivers scalable solutions that enhance safety, efficiency, and operational performance across a wide range of industries.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.

    For more information, visit www.draganfly.com.

    For investor details, visit:

    Media Contact
    media@draganfly.com

    Company Contact
    info@draganfly.com

    This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: the anticipated benefits of, and estimated revenue to be generated by, the teaming agreement; the integration of technology and products between Draganfly and Autonome; the timeline to develop, integrate and begin testing an an integrated aerial deployment solution for M.A.G.I.C; the business plans and expectations of the Company; and expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the agreement to Draganfly; meeting the continued listing requirements of the Nasdaq; and including, but not limited to, those factors set forth in the Company’s 20-F (equivalent to an Annual Information Form) under the section “Risk Factors” and Draganfly’s most recent filings in accordance with securities regulations in Canada on the SEDAR+ website at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such information.

    Neither the CSE nor the Nasdaq accepts responsibility for the adequacy or accuracy of this news release.

    The MIL Network

  • MIL-OSI: WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN Integration

    Source: GlobeNewswire (MIL-OSI)

    WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN Integration

    Geneva, Switzerland, May 1, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces the upcoming launch of its next-generation WISeSat.Space satellite aboard a SpaceX mission in June 2025. This milestone marks a major technological step forward for WISeSat.Space’s secure space communications infrastructure and the deployment of Transactional IoT (t-IoT) solutions directly from orbit.

    The upcoming satellite launch introduces two significant innovations: first, the capability to establish secure, encrypted communications with WISePhone mobile devices, and second, the integration of SEALCOIN, a decentralized agent embedded in the satellite enabling machine-to-machine (M2M) transactions from space. These features significantly enhance the utility of WISeSat.Space’s constellation, as it evolves toward a fully decentralized, secure IoT and communications network supporting autonomous digital ecosystems.

    This development supports WISeSat.Space’s ongoing mission to deliver secure, scalable IoT connectivity from space and strengthens European independence in satellite communications. By anchoring its infrastructure in Europe, WISeSat.Space ensures data sovereignty and helps reduce reliance on non-European providers for strategic technologies, in line with EU objectives for technological resilience and autonomy.

    The new generation of WISeSat.Space satellites are compact picosatellites that leverage SEALSQ Corp. (“SEALSQ”) (NASDAQ: LAES) semiconductors and WISeKey’s advanced cryptographic keys, including quantum-resistant algorithms. These satellites are optimized for secure, low-power, and long-range data collection in off-grid and remote locations. Their applications span environmental monitoring, disaster management, industrial automation, and smart agriculture. The technology ensures encrypted end-to-end data transmission, enabling safe and reliable operations in critical sectors.

    The launch will also include a Proof of Concept (PoC) demonstrating SEALCOIN’s potential to facilitate secure, decentralized satellite-initiated transactions with IoT devices without human intervention. Built on Hedera’s Decentralized Ledger Technology (DLT), SEALCOIN offers transparent, tamper-proof, and autonomous transaction capability,paving the way for a scalable transactional IoT infrastructure. This breakthrough sets the stage for next-generation M2M applications in smart cities, logistics, environmental sensing, and beyond.

    WISeSat a secure nanosatellite platform developed by WISeKey, through its space division, WISeSat.Space, is designed to provide resilient, encrypted, and globally accessible connectivity for IoT ecosystems. Its primary function is to enable secure, satellite-based communication for IoT devices deployed in remote, hard-to-reach, or infrastructure-poor areas where traditional terrestrial networks (such as fiber, 4G/5G, or Wi-Fi) are unavailable, unreliable, or too costly to implement.

    A key use case is in precision agriculture, where WISeSat can connect sensors measuring soil moisture, temperature, crop health, and irrigation needs, helping farmers optimize yields, reduce water waste, and increase sustainability,even in rural or developing regions. This satellite connectivity ensures constant data flow regardless of geography or local telecom limitations.

    Another important application is in environmental monitoring and climate science. Sensors deployed in remote forests, oceans, glaciers, or protected natural areas can transmit real-time data on air quality, deforestation, wildlife movement, or water levels. This helps governments, researchers, and NGOs make faster decisions on conservation, disaster prevention, or policy implementation.

    In industries such as oil and gas, mining, and maritime logistics, WISESat provides critical connectivity to monitor and control assets located in offshore rigs, remote mines, or cargo ships. This includes real-time tracking of machinery health, fuel consumption, emissions, and security status. Similarly, in global supply chains, the platform enables secure monitoring of the condition and location of containers and high-value goods as they traverse continents, oceans, and customs zones, greatly reducing theft, spoilage, and logistical inefficiencies.

    Healthcare is another frontier where WISESat is impactful. In remote or underserved areas, health monitoring devices and mobile clinics can use the satellite network to transmit patient data securely to centralized hospitals or doctors, enabling telemedicine and diagnostics even during emergencies or pandemics. It is especially critical for applications like vaccine refrigeration monitoring, ensuring proper storage temperatures in regions lacking stable electricity or cellular coverage.

    WISeSat also enhances disaster response capabilities. During earthquakes, hurricanes, blackouts or wildfires, terrestrial infrastructure is often destroyed or disrupted. WISeSat ensures that emergency response units and sensor networks continue to transmit data on ground conditions, population movement, and structural damage, enabling faster, data-driven response coordination.

    From a cybersecurity standpoint, WISESat integrates WISeKey’s advanced cryptographic technologies, including post-quantum encryption developed through its SEALSQ subsidiary. This makes it suitable for high-security applications such as defense, critical infrastructure monitoring, smart cities, and government communication, where data integrity and identity verification are essential. It also supports remote identity management, enabling secure authentication of both devices and users over satellite links.

    WISeSat serves as a critical enabler of secure digital transformation in sectors where uninterrupted, trustworthy, and decentralized connectivity is mission-critical. It bridges the digital divide and protects data integrity from the sky, ushering in a new era of trusted space-based communications.

    In parallel, the satellite’s upgraded semiconductor components, developed by SEALSQ, will enhance processing and communications capabilities, enabling faster and more responsive data transmission. These improvements are essential for real-time monitoring and automation in industries affected by climate change and other dynamic conditions.

    With this launch, WISeKey reaffirms its commitment to advancing secure, decentralized digital infrastructure from space while supporting Europe’s leadership in satellite innovation. The June mission represents a major leap forward in enabling trusted connectivity, secure IoT transactions, and autonomous systems that extend far beyond Earth’s surface.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com 
    WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

    The MIL Network

  • MIL-OSI USA: 100 Days of Fighting Fake News

    Source: US Federal Emergency Management Agency

    Headline: 100 Days of Fighting Fake News

    lass=”text-align-center”> From Stories on Criminals to Statistics, DHS has been Holding the Media Accountable for Spreading Disinformation to the American people 
    WASHINGTON— During President Trump’s 100 days in office, the Department of Homeland Security published a non exhaustive list of facts, to help set the record straight on numerous false and misleading stories that have spread around news coverage and social media

    The list can be found below:
    The Facts on Noteworthy Individuals Deported or Prevented from Entering the U

    S

    The Deportation Of American Citizens

    The media has FALSELY claimed that ICE is deporting US citizen children of illegal aliens

    This is false

    In both cases the mother made the determination to take her children with her back to Honduras

    DHS takes our responsibility to protect children seriously and will continue to work with federal law enforcement to ensure that children are safe and protected

    The Trump Administration is giving parents in this country illegally the opportunity to self-deport and take control of their departure process with the potential ability to return the legal, right way and come back to live the American dream

    The CBP Home app is a free and easy way to self deport

    Kilmar Abrego Garcia – The “Maryland Man”

    Garcia is NOT an American citizen

    He is a citizen of El Salvador who had been living in the country illegally

    In 2019, two courts – an immigration court and an appellate immigration court – ruled that he was not only a member of MS-13, but that he was in our country illegally

    There was a deportation order for him dating back to 2019

    Further details about Garcia’s history prove that he is far from innocent

    In 2020, his wife filed a petition for protection citing three separate instances of violence
    In 2021, his wife filed for a restraining order against him due to domestic violence

    In 2022, Garcia was pulled over by Tennessee Highway Patrol with 8 people crammed into one car

    Despite telling the officers that they were going on a trip from Houston, Texas to Temple Hills, Maryland, there was no sign of luggage in the car

    It was later revealed that the vehicle Garcia was driving during this stop was registered to another illegal alien who had been convicted of human trafficking, Jose Roman Hernandez Reyes

    The media further claimed that the Supreme Court ordered the Trump Administration to return Garcia to the United States

    This is another falsehood

    The Supreme Court unanimously overturned that judge’s ruling but instead said that the United States should “facilitate” Garcia’s return

    This would only be possible if the government of El Salvador decided to return him, in which case the United States would have to provide transportation

    It’s up to Salvadoran President Nayib Bukele and the government of El Salvador if they want to return him

    But as President Bukele said during his Oval Office visit with President Trump, he has no intention of releasing a terrorist and sending him back to the United States

    When President Trump declared MS-13 a foreign terrorist organization, Abrego Garcia became no longer eligible for any form of immigration relief in the United States

    He had a valid deportation order

    Furthermore, the Supreme Court also held that EVEN IF El Salvador returned this MS-13 member to the United States, we could deport him a second time

    NO version of this legally ends with him ever living in the U

    S

    , because he is a citizen of El Salvador

    The foreign policy of the United States is conducted by the President – not by a court – and no court in the United States has the power to conduct the foreign policy of the United States

    Dr

    Rasha Alawieh – “The Brown University Assistant Professor”

    Dr

    Rasha Alawieh was an assistant professor at Brown University

    She was in the United States with an H-1B visa

    She was deported back to her home country of Lebanon after she admitted to attending the funeral of Hassan Nasrallah, a brutal terrorist who led Hezbollah and was responsible for killing hundreds of Americans

    The media tried to portray Alawieh’s case as an example of a “lawful immigrant” being deported

    But they completely ignored her direct and alarming ties to radical Islamic terrorism, including her veneration of a dead terrorist leader

    Alfredo “Alex” Orellana – “The Caregiver”

    Alfredo “Alex” Orellana has multiple charges on his record from 2012 to 2019, including: distributing drugs, drug possession, assault and battery, failure to appear to court (twice), theft at the second degree, and larceny

    He has since been arrested and faces deportation

    The New York Times wrote a lengthy article on Orellana’s case

    Their article painted a picture of a loving 31-year-old caregiver who was the “best friend” of a 28-year-old autistic man

    They also pointed to the fact that Orellana had a green card

    The press tried to paint him as a victim who was a caretaker, despite violent charges on his record

    Jerce Reyes Barrios – “The Venezuelan Soccer Player”

    Jerce Reyes Barrios was in the United States illegally

    He was a member of the vicious Tren de Aragua gang, and he was deported to El Salvador

    He has tattoos that are consistent with those indicating membership in the vicious Tren de Aragua gang

    His own social media indicates that he is a Tren de Aragua member

    That hasn’t stopped the media, however

    They tried to whip up a frenzy over this deported criminal gang member, publishing wild claims that he was deported because of a tattoo of a soccer team on his arm

    The facts are the facts

    Our intelligence assessments go beyond just social media and tattoos

    We are confident in our findings

    Nascimento Blair – “The Ex-Con”

    Blair was an illegal alien living in the United States who was tried and convicted for kidnapping and sentenced to 15 years in prison

    The New York Times published a fawning profile about this criminal illegal alien

    In 2008, he was ordered removed out of the country

    However, because of the Biden administration’s open border policies, this criminal illegal alien was released onto the streets of New York

    The Trump administration is putting the American people first by getting this criminal illegal alien off the streets and out of our country

    “The French Scientist Denied Entry Over His Political Views”

    In March, a French scientist was denied entry into the United States

    The researcher in question was in possession of confidential information on his electronic device from Los Alamos National Laboratory

    This was in clear violation of a non-disclosure agreement – something he admitted to taking without permission and attempted to conceal to authorities

    The mainstream media ran with the baseless narrative that this individual was blocked from entering the U

    S

    because of social media posts that were critical of President Trump

    This lie was even echoed by France’s Minister for Higher Education, Philippe Baptiste

    His political beliefs were not considered at all in his removal

    Marie Lepère and Charlotte Pohl – “German Tourists Turned Away on Vacation”

    Two German tourists were denied entry after attempting to enter the U

    S

    under false pretenses

    Both claimed they were touring California but later admitted that they intended to work

    One used a Visitor visa, while the other used the Visa Waiver Program

    Under U

    S

    immigration laws, work is prohibited for these visas

    The media version of events depicted two young women who tried to go on a five-week backpacking trip through the United States

    The media claimed that the two – aged 18 and 19 – were “deported” because they simply wanted to go on a fun, loosely-planned trip

    These travelers weren’t deported—they were denied entry

    And the reason for their removal was visa fraud, not because of the planning nature of their so-called “vacation

    Jose Hermosillo – “The American Citizen Detained by Border Patrol”

    Hermosillo turned himself in to immigration authorities on April 8

    He approached Border Patrol in Tucson, Arizona and declared that he had entered the U

    S

    illegally

    He completed a sworn statement identifying as a Mexican citizen who had entered unlawfully

    He was processed and appeared in court on April 11

    Afterwards, he was held by the U

    S

    Marshals in Florence, Arizona

    A few days later, his family presented documents showing U

    S

    citizenship

    The charges were dismissed, and he was released to his family

    The media, instead of reporting the facts, created a false and baseless story that an American citizen was illegally detained

    Hermosillio’s arrest was the direct action of his own actions and statements

    When his citizenship was confirmed, he was promptly released back to his family

    Kseniia Petrova – “The Russian Scientist Trying to Cure Cancer”

    Kseniia Petrova, a Russian researcher working for Harvard University, was lawfully detained after lying to federal officers about carrying substances into the country

    A subsequent K9 inspection uncovered undeclared petri dishes, containers of unknown substances, and loose vials of embryonic frog cells, all without proper permits

    Messages found on her phone revealed she planned to smuggle the materials through customs without declaring them

    She knowingly broke the law and took deliberate steps to evade it

    But upon her detainment, the media rushed to defend her by claiming that her research could help to cure cancer

    The facts of the matter are simple: Petrova broke the law and actively planned to do so

    Her research does not make her exempt from the laws of our country

    Renato Subotic – “The MMA Coach”

    Subotic is an MMA coach who entered the United States under a visa waiver program that prohibits compensation – only travel reimbursements are allowed

    When Subotic was detained under American law, the media claimed that he was thrown in prison and deported for no real reason

    Here are the facts: Subotic couldn’t meet the requirement to prove he wasn’t being compensated for participating at a high-dollar, multi-day event

    The law is clear: the burden of proof is on the traveler

    Since he couldn’t provide detailed answers or the necessary documentation for compensation related to the work event, he was held until the next available flight out the following day

    Ricardo Jesus Prada Vasquez – The “Disappearing” Delivery Driver

    Yet again, the media has manufactured a fake controversy on behalf of a terrorist gang member and criminal illegal alien

    Ricardo Jesus Prada Vasquez is a Venezuelan national and confirmed member of Tren De Aragua

    He entered the United States illegally on November 29, 2024 at the Brownsville, Texas Port of Entry via the CBP One App

    The Biden administration, like it did with so many other dangerous criminals, released Prada Vasquez back into the United States

    On January 15th, Prada was encountered trying to enter the U

    S

    from Canada

    He was detained, investigated, and confirmed as a member of TDA and a public safety threat

    On February 27, a judge ordered him removed from the U

    S

    He was then removed to El Salvador

    The media, however, has falsely claimed that Prada Vasquez was an innocent delivery driver who was “disappeared” by the government

    Prada Vasquez was living and working in the U

    S

    illegally, he was a member of a criminal gang designated as a terrorist organization, and was deported with full compliance with American law

    Jeanette Vizguerra – “The Activist Who Needed Sanctuary”

    Jeanette Vizguerra is a convicted criminal alien from Mexico who has a final order of deportation issued by a federal immigration judge

    She illegally entered the United States near El Paso, Texas, on Dec

    24, 1997, and has received legal due process in U

    S

    immigration court

    The media, however, has tried to turn her into a martyr

    They claim she was an “activist” who needed “sanctuary

    ” In reality, she getting famous and making money for breaking the law

    Under President Trump, this is a nation of laws

    We will find, arrest, and deport illegal aliens, no matter how famous the media thinks they are

    Vizguerra was in the United States illegally

    She was convicted of breaking the law

    She was deported

    If you come to our country illegally, we will deport you, and you will never return

    The safest option for illegal aliens is to self-deport, so they still have the opportunity to return and live the American dream

    The Facts on Those Who Have Abused The Privilege of a Student Visa 

    Yunseo Chung – “The Columbia Student”

    Yunseo Chung, who was born in South Korea, is a Columbia University student who engaged in concerning conduct on-campus

    This includes her being arrested by NYPD during a pro-Hamas protest at Barnard College

    Mahmoud Khalil – “The Activist Leader at Columbia”

    Mahmoud Khalil, a former Columbia University graduate student from Syria, is one of the ringleaders of the vicious, anti-American, anti-Semitic protests at Columbia University

    His activities are aligned with Hamas, a designated terrorist organization

    On March 9, 2025, in support of President Trump’s executive orders prohibiting anti-Semitism, and in coordination with the Department of State, U

    S

    Immigration and Customs Enforcement arrested Khalil

    But upon his arrest, radical student protesters at Columbia and across the country have attempted to turn him into a martyr, waving signs and banners bearing his likeness

    Taking over private buildings, inciting violence, harassing Jewish students, defacing buildings, and passing out terrorist propaganda do not constitute free speech

    A judge ruled that Khalil’s deportation can move forward

    He will be removed from our country

    Mohsen Mahdawi – “The Palestinian at Columbia University”

    Mahdawi is a Palestinian who has been living in the United States on a visa while he was studying at Columbia University

    Like many other anti-Israel student protesters, supporters in the media tried to claim that Mahdawi was a victim of political persecution

    But his rhetoric on the war in Israel proves his terrorist sympathies

    In the wake of October 7, Mahdawi said he could empathize with Hamas’s attack on Israel

    He appeared on “60 Minutes” justifying the massacre

    He organized and led pro-Hamas protests on Columbia University’s campus, harassed Jewish students, and openly displayed his support for a terrorist organization

    Leqaa Kordia – “The Palestinian at Columbia University”

    Leqaa Kordia was another Columbia Student who actively participated in anti-American, pro-terrorist activities on campus

    However, her arrest had nothing to do with her radical activities

    Kordia was arrested for immigration violations due to having overstayed her F-1 student visa, which had been terminated on January 26, 2022 for lack of attendance

    Dogukan Gunaydin – “The University of Minnesota Student”

    Dogukan Gunaydin, a graduate student at the University of Minnesota,was arrested after a visa revocation by the State Dept

    related to a prior criminal history for a DUI

    Contrary to the mainstream media’s quick speculation that he was arrested due to his involvement in student protests, his protest activity had nothing to do with his detainment

    Badar Khan Suri – “The Georgetown Foreign Exchange Student”

    Suri was a foreign exchange student at Georgetown University actively spreading Hamas propaganda and promoting antisemitism on social media

    The media calls him a “scholar” who was innocent of any wrongdoing, even though he was married to the daughter of a senior advisor for to Hamas terrorist group

    Momodou Taal – “The Cornell University Student”

    Taal was unapologetic in his pro-terrorist views

    Taal, a foreign student studying at Cornell University, participated in pro-Hamas protests on campus

    He has a pinned post on his X profile that talks about a so-called “Zionist genocide,” and also states “Long live the student intifada!”

    Other Fake News Narratives Corrected 

    The Biden Administration’s inflated deportation numbers

    DHS uncovered what should be a massive scandal: the Biden administration was cooking the books on ICE arrest data

    They were purposefully misleading the American public by categorizing individuals processed and released into the interior of the United States as ICE arrests

    Of course, the media ignored this fact

    Instead, they falsely claimed that the Biden administration had carried out more arrests than the Trump administration

    Tens of thousands of cases recorded as “arrests” were, in fact, instances where illegal aliens were simply processed and released into American communities

    Many of these were violent criminals and gang members

    The previous administration counted these as arrests even though no immigration enforcement action was taken

    During fiscal year 2024, ICE made 113,431 arrests but the vast majority of those were what we call “pass-through” arrests

    They are called pass-through arrests because ICE didn’t take enforcement actions against these aliens

    They just passed through ICE before they were released in the U

    S

    interior and told to report to an ICE office

    None of the arrests made by ICE since January 20th are pass-through arrests

    The difference between recent arrests and those from Biden’s last year is that, now we’re taking enforcement actions against each and every illegal alien arrested

    ICE Boston Militia rumors:

    The media eagerly fed and spread a false social media rumor that an ICE agent who conducted arrests of criminal illegal aliens in New England was a “militia leader” from Arizona

    The reality? He is a federal law enforcement office who has worked with ICE to help keep New England communities safe for years

    This claim was not only false, but also inflammatory and places the safety of federal officers in jeopardy

    Our ICE officers are facing 300% increase in assaults while carrying out enforcement operations

    Due process and treatment rumors in CECOT:

    These aliens HAVE had due process – we have a stringent law enforcement assessment in place that abides by due process under the U

    S

    Constitution

    The reality is that prison isn’t supposed to be fun

    It’s a necessary measure to protect society and punish bad guys

    It is not meant to be comfortable

    What’s more: prison can be avoided by self-deportation

    CBP Home makes it simple and easy

    If you are a criminal alien and we have to deport you, you could end up in Guantanamo Bay or CECOT

    Leave now

    DOGE and ICE allegedly collecting sensitive data from the Centers for Medicare and Medicaid Services

    The Biden administration flooded the U

    S

    with tens of millions of illegal immigrants, many of which are exploiting the American taxpayer by illegally getting Medicare and other benefits meant for law-abiding Americans

    President Trump consistently promised to protect Medicare for eligible beneficiaries

    To keep that promise, DOGE, CMS, and DHS are exploring an initiative to ensure that illegal aliens are not receiving these benefits not meant for them

    The media claimed that ICE is working with the Department of Government Efficiency (DOGE) to access sensitive personal information in order to identify illegal aliens

    These claims are meant to frighten the American people, when in reality this process is working to keep them and their benefits safe from exploitation by illegal aliens

    ICE HSI presence at schools

    ICE’s Homeland Security Investigations (HSI) works relentlessly to protect Americans, especially children, who are put in danger by illegal alien activity

    This includes investigations into potential child sex trafficking

    But the media has tried to spin their investigative work into the idea that they are going to elementary schools to arrest children

    HD Cooke Elementary School, Washington D

    C

    At the HD Cooke Elementary School in Washington D

    C

    , ICE did not conduct any enforcement action at the school

    HSI agents were present at the school unrelated to any kind of enforcement action

    Russel Elementary and Lillian Elementary in Los Angeles:

    At two different elementary schools in Los Angeles, California, HSI officers were conducting wellness checks on children who arrived unaccompanied at the border

    It had nothing to do with immigration enforcement

    DHS is leading efforts to conduct welfare checks on these children to ensure that they are safe and not being exploited, abused, and sex trafficked

    Unlike the previous administration, President Trump and Secretary Noem take the responsibility to protect children seriously and will continue to work with federal law enforcement to reunite children with their families

    In less than 70 days, Secretary Noem and Secretary Kennedy have already reunited nearly 5,000 unaccompanied children with a relative or safe guardian

    Immigrant children detained at Old McDonald Farm in New York

    In early April, a raid was carried out on a dairy farm in New York after the execution of a federal criminal warrant for an illegal alien in possession of + distributing child sexual abuse materials

    Upon the execution of the search warrant at Old McDonalds Farm in Sackets Harbor, New York, authorities encountered seven additional illegal aliens on the premises, including a mother and her three children

    We immediately began conducting an investigation to ensure these children are not being sexually exploited

    But rather than address the very real evidence of child sexual abuse, the media chose to focus on the fact that a woman and her three children were taken into custody

    DHS takes its responsibility to protect children seriously and our ICE officers are working every day to remove pedophiles from American communities

    TDA members being identified via tattoos

    Some have claimed that DHS’ assessments of TDA and other gang memberships are based solely on the tattoos that certain illegal aliens have

    DHS intelligence assessments go well beyond just gang affiliate tattoos and social media

    Tren De Aragua is one of the most violent and ruthless terrorist gangs on planet earth

    They rape, maim, and murder for sport

    President Trump and Secretary Noem will not allow criminal gangs to terrorize American citizens

    We are confident in our law enforcement’s intelligence, and we aren’t going to share intelligence reports and undermine national security every time a gang member denies he is one

    That would be insane

    MIL OSI USA News

  • MIL-OSI: XRP News: XPL Token Soars 650% in 24 Hours — FOMO Intensifies as AI-Powered DEX Takes XRPL by Storm

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, May 01, 2025 (GLOBE NEWSWIRE) — In one of the most dramatic 24-hour performances in XRPL DeFi history, $XPL the native token of XploraDEX, has surged over 650% since its debut on MagneticX. As word spreads and trading volume explodes, investors are now scrambling to secure a position before the next leg up.

    Buy $XPL on MagneticX Now

    The launch of $XPL on MagneticXc has exceeded all expectations. What began as XRPL’s first AI-powered decentralized exchange token is now quickly becoming one of the hottest assets in the broader crypto market. In under a day, $XPL has skyrocketed in price, with thousands of new wallet holders joining the rally.

    Why the Pump Is Only the Beginning

    Unlike many tokens that pump on hype alone, $XPL’s explosive growth is fueled by real fundamentals:

    • AI-powered trading tools integrated directly into the DEX
    • Staking pools and governance modules rolling out post-listing
    • Launchpad access for upcoming XRPL projects
    • Utility live from Day 1, not just promises

    Purchase $XPL Token MagneticX DEX

    The rise in price isn’t speculative—it’s backed by utility, innovation, and a growing army of believers in AI-powered DeFi.

    Market Momentum Is Building

    Social media is buzzing. Whale wallets are accumulating. And MagneticXc trading data shows massive buy pressure as traders fight to enter early. As trading volume surges hour by hour, analysts are now calling $XPL one of the strongest post-presale launches in recent XRPL history.

    Buy $XPL Now on MagneticX Exchange

    Here’s Why You Shouldn’t Wait:

    • $XPL is already up 650% in 24 hours—and climbing
    • The DEX utility is live, with real AI features backing the hype
    • Future platform expansions could fuel further demand

    Buy $XPL on MagneticX DEX

    $XPL is exploding. The DeFi world is watching. Be early—or be priced out.

    Stay connected and Join the XploraDEX AI Revolution

    Website | Buy $XPL on DEX | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. 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/8839320e-7b90-4b1e-8923-3b883cffa516

    The MIL Network

  • MIL-OSI: Climb Channel Solutions Launches Global Partnership with Accelsius LLC

    Source: GlobeNewswire (MIL-OSI)

    EATONTOWN, N.J., May 01, 2025 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB), is excited to announce its new partnership with Accelsius.

    Accelsius is a leader in next-generation liquid cooling solutions for high-performance computing environments. This partnership further strengthens Climb’s commitment to delivering innovative emerging technologies to its channel partners, equipping them with cutting-edge tools to meet the growing demands of AI, cloud, and data-intensive workloads.

    “Accelsius delivers the highest-performance, most protective liquid cooling technology available today,” said Josh Claman, CEO of Accelsius. “Our proprietary two-phase, direct-to-chip system not only handles the densest AI learning and inference workloads —it does so with unmatched energy efficiency and hardware protection. By partnering with Climb Channel Solutions, we’re extending that value through a channel-first approach that enables more partners to differentiate, scale, and lead in the data center market of tomorrow.”

    Accelsius employs a 100% channel-driven go-to-market strategy, focused on enabling partners with advanced technology, comprehensive training, and dedicated support. The decision to partner with Climb Channel Solutions reflects this commitment. Known for their expertise in emerging technologies and their ability to cultivate strong, technical channel relationships, Climb is well-positioned to help scale deployment of Accelsius’ NeuCool™ solution. Together, the two companies will empower resellers, integrators, and service providers to deliver two-phase, direct-to-chip liquid cooling to market more rapidly and effectively, addressing the increasing demand for sustainable, high-performance infrastructure.

    “At Climb, we’re committed to expanding our portfolio with cutting-edge technologies that address the evolving needs of today’s data-driven world,” said Dale Foster, CEO of Climb Channel Solutions. “Our partnership with Accelsius strengthens our position in the high-performance infrastructure space and gives our partners access to innovative solutions designed to meet the growing demand for data center technologies.”

    Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

    About Climb Channel Solutions and Climb Global Solutions

    Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

    For Media & PR inquiries contact:
    Climb Channel Solutions
    Media Relations
    media@ClimbCS.com

    Investor Relations Contact:
    Elevate IR
    Sean Mansouri, CFA
    T: 720-330-2829
    CLMB@elevate-ir.com

    About Accelsius

    Founded by Innventure, Inc. (NASDAQ:INV), Accelsius empowers data center and edge operators to achieve their business, financial, and sustainability goals through advanced cooling solutions. The proprietary NeuCool platform provides best-in-class thermal efficiencies through a safe, two-phase liquid cooling system that scales from single racks to entire data centers. For more information, visit www.accelsius.com or follow us on LinkedIn.

    For Media & PR inquiries contact:
    Treble

    McKenzie Covell

    accelsius@treblepr.com

    The MIL Network

  • MIL-OSI: Old National Completes Closing of Bremer Bank Partnership

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., May 01, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ONB) Old National Bancorp (“Old National”) today announced the closing of its previously-announced merger with St. Paul, Minnesota-based Bremer Financial Corporation (“Bremer”), the bank holding company for Bremer Bank, as of May 1, 2025.

    “This partnership represents an outstanding fit between two highly compatible, relationship- and community-focused banks,” said Old National Chairman and CEO Jim Ryan. “We are extremely pleased to have reached this important milestone, and we are excited about continuing our collaborative work to ensure that we are ‘Better Together’ and poised to exceed the expectations of our clients, team members, communities and shareholders.”

    After closing of the merger, Old National has approximately $70 billion of assets and $37 billion of assets under management (on a pro forma basis using data as of March 31, 2025), making it among the top 25 banking companies headquartered in the U.S.

    Bremer Bank will operate as a division of Old National Bank prior to the facilities and systems conversion, which is anticipated to occur in mid-October 2025.

    The combined organization will operate under the Old National Bancorp and Old National Bank names. Clients will continue to be served through their respective Old National or Bremer branches, websites, mobile apps, financial advisors and relationship managers until the systems conversion is complete. For convenience, clients can continue to use the full ATM network of both banks for cash withdrawals at no charge.

    Increased Community Growth Plan commitment
    In recognition of Old National’s deep commitment to the communities served by Bremer Bank, Old National will increase its previous five-year Community Growth Plan commitments of $9.5 billion to $11.1 billion. This adds approximately $1.6 billion in lending, investments and philanthropy commitments in Minnesota, North Dakota, and Wisconsin.

    Daniel Reardon to join Old National Bancorp Board
    The partnership between Old National and Bremer will also see the addition of Daniel Reardon to the Old National Board of Directors. As co-CEO and trustee of Otto Bremer Trust in St. Paul, Minnesota, Reardon has decades of experience in executive management, philanthropy, and banking.

    Since joining the Otto Bremer Trust in January 1995, Reardon has guided the Trust’s investments and charitable distributions, including $8.4 million in the latest grant cycle, to benefit the communities in Minnesota, North Dakota, Wisconsin, and Montana. He also served on the boards of directors of Bremer and Bremer Bank.

    ABOUT OLD NATIONAL
    Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $70 billion of assets and $37 billion of assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025), Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2024, Points of Light named Old National one of “The Civic 50” — an honor reserved for the 50 most community-minded companies in the United States.

    FORWARD-LOOKING STATEMENTS
    Certain statements in this press release constitute “forward-looking statements” within the meaning of the 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 statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding the outlook and expectations of Old National. In general, forward-looking statements usually may be identified through use of words such as “may,” “will,” “could,” “should,” “would,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “project,” “continue” and “potential,” as well as words of similar meaning, and include statements related to expected benefits of the Bremer merger. Forward-looking statements are not historical facts and represent management’s beliefs, based upon information available at the time the statements are made, with regard to the matters addressed; they are not guarantees of future performance. Actual results or outcomes may prove to be materially different from the results or outcomes expressed or implied by the forward-looking statements. Forward-looking statements are subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results or financial condition to differ materially from those expressed in or implied by such statements.

    Factors which could cause or contribute to such differences or could affect the forward-looking statements can be found in the cautionary language included under the headings “Forward-Looking Statements” and “Risk Factors” in Old National’s Annual Report on Form 10-K for the year ended December 31, 2024, and other documents subsequently filed by Old National with the U.S. Securities and Exchange Commission.

    Many of these factors are beyond Old National’s ability to control or predict. If one or more events related to these or other risks or uncertainties materialize, or if the underlying assumptions prove to be incorrect, actual results or outcomes may differ materially from the forward-looking statements. Accordingly, shareholders and investors should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date of this communication, and Old National undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. New risks and uncertainties may emerge from time to time, and it is not possible for Old National to predict their occurrence or how they will affect Old National.

    Investor Relations:
    Lynell Durchholz
    (812) 464-1366
    lynell.durchholz@oldnational.com

    Media Relations:
    Rick Vach
    (904) 535-9489
    rick.vach@oldnational.com

    The MIL Network

  • MIL-OSI: Orezone Provides Update on RCF Block Trade to Australian Funds

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to report that the recent block trade of 40 million common shares at a price of C$1.15 per share by Resource Capital Fund VII L.P. (“RCF”) was placed into institutional funds based in Australia.

    This sale of shares aligns with the Company’s intention to complete a secondary listing on the Australian Securities Exchange (“ASX”) to expand the Company’s market profile and trading liquidity through access to an incremental pool of retail and institutional investors including specialist mining focused funds.

    Currently, 14% of the Company’s share registry is held by Australian based institutional funds, which is expected to increase after the proposed secondary listing on the ASX is completed by the end of June 2025.

    RCF became a strategic shareholder of Orezone in April 2018 during the early-stage development of the Bomboré Gold Mine and also participated in the subsequent debt financing of the Phase I oxide construction. RCF remains a strong supporter and significant shareholder of Orezone for the Phase II hard rock expansion currently underway at the Bomboré Gold Mine.

    Immediately following the disclosed sale, RCF holds 32.4 million Orezone common shares and a US$25 million convertible debenture maturing on October 15, 2026.

    About Orezone Gold Corporation

    Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring its flagship Bomboré Gold Mine in Burkina Faso. The Bomboré mine achieved commercial production on its oxide operations on December 1, 2022, and is now focused on its staged hard rock expansion that is expected to materially increase annual and life-of-mine gold production from the processing of hard rock mineral reserves. Orezone is led by an experienced team focused on social responsibility and sustainability with a proven track record in project construction and operations, financings, capital markets and M&A.

    The technical report entitled Bomboré Phase II Expansion, Definitive Feasibility Study is available on SEDAR+ and the Company’s website.

    Contact Information

    Patrick Downey
    President and Chief Executive Officer

    Kevin MacKenzie
    Vice President, Corporate Development and Investor Relations

    Tel: 1 778 945 8977 / Toll Free: 1 888 673 0663
    info@orezone.com / www.orezone.com

    For further information please contact Orezone at +1 (778) 945-8977 or visit the Company’s website at www.orezone.com.

    The Toronto Stock Exchange neither approves nor disapproves the information contained in this news release.

    Qualified Persons

    The scientific and technical information in this news release was reviewed and approved by Mr. Rob Henderson, P. Eng, Vice-President of Technical Services and Mr. Dale Tweed, P. Eng., Vice-President of Engineering, both of whom are Qualified Persons as defined under NI 43-101 – Standards of Disclosure for Mineral Projects.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains certain information that may constitute “forward-looking information” within the meaning of applicable Canadian Securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (together, “forward-looking statements”).  Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “possible” and other similar words, or statements that certain events or conditions “may”, “will”, “could”, or “should” occur.  Forward-looking statements in this press release include, but are not limited to, statements with respect to the Company’s intention to list on the ASX by the end of June 2025.

    All such forward-looking statements are based on certain assumptions and analyses made by management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management and the qualified persons believe are appropriate in the circumstances.

    All forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements including, but not limited to, delays caused by pandemics, terrorist or other violent attacks (including cyber security attacks), the failure of parties to contracts to honour contractual commitments, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure, the possibility of unanticipated costs and expenses, accidents and equipment breakdowns, political risk, unanticipated changes in key management personnel and general economic, market or business conditions, the failure of exploration programs, including drilling programs, to deliver anticipated results and the failure of ongoing and uncertainties relating to the availability and costs of financing needed in the future, and other factors described in the Company’s most recent annual information form and management discussion and analysis filed on SEDAR+. Readers are cautioned not to place undue reliance on forward-looking statements.

    Although the forward-looking statements contained in this press release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this press release.

    The MIL Network