Category: Finance

MIL-OSI Asia-Pac: CCI approves the proposed combination involving Waverly Pte. Ltd (“Waverly”), TPG Growth V SF Markets Pte. Ltd (“Growth V”), TPG Growth III SF Pte. Ltd (“Growth III”), Asia Healthcare Holdings Pte. Ltd (“AHH Singapore”), Rhea Healthcare Private Limited (“Rhea”), Asia Healthcare Advisory Holdings LLP (“AHH LLP”), and Asian institute of Nephrology and Urology Private Limited (“AINU”).
Source: Government of India

Posted On: 15 APR 2025 8:06PM by PIB Delhi

The Competition Commission of India has approved the proposed combination involving Waverly Pte. Ltd (“Waverly”), TPG Growth V SF Markets Pte. Ltd (“Growth V”), TPG Growth III SF Pte. Ltd (“Growth III”), Asia Healthcare Holdings Pte. Ltd (“AHH Singapore”), Rhea Healthcare Private Limited (“Rhea”), Asia Healthcare Advisory Holdings LLP (“AHH LLP”), and Asian institute of Nephrology and Urology Private Limited (“AINU”).

The proposed combination, inter alia, contemplates:
1. Waverly’s proposed subscription of Ordinary Shares and Class F Redeemable Preference Shares in Asia Healthcare Holdings Pte. Ltd.;
2. Certain rights accruing to Growth V in AHH Singapore and Rhea (including its downstream entities) and AHH LLP;
3. Certain rights accruing to Growth III in AHH Singapore (solely in relation to matters pertaining to AINU and its downstream entities);
4. Proposed acquisition of complete shareholding held by AHH Singapore in AINU, by Rhea (“AINU Transfer”);
5. Proposed issuance of equity shares by Rhea to AHH Singapore, as a consideration for the AINU Transfer.
Growth III and Growth V are investment funds that are ultimately managed and controlled by TPG Inc. (“TPG”), which is a global, diversified investment firm. TPG, including its subsidiaries and affiliates, are together referred to as the “TPG Group”. TPG, the ultimate holding company of the TPG Group, is a company listed on NASDAQ. TPG primarily invests in complex asset classes such as private equity, real estate and public market strategies. The TPG Group operates in India through its various investments with a primary focus on sectors such as technology, healthcare, consumer and financial services.

Waverly is a wholly-owned subsidiary of Lathe Investment Pte. Ltd., which is in turn, wholly-owned by GIC (Ventures) Pte Ltd. Waverly is a special purpose vehicle organized as a private limited company in Singapore that is part of a group of investment holding companies managed by GIC Special Investments Private Limited.

AHH is a Singapore incorporated company and is primarily engaged in long term investment holding activities and through its direct/ indirect subsidiaries, is active in providing healthcare services in the field of maternal, child, urology, nephrology and other related health care services in India. AHH Singapore is jointly owned and controlled by the TPG Group and GIC Group.

Rhea is a specialty hospital chain that provides comprehensive women and childcare and vitro fertilization (post consummation of merger with Nova Medical Centers Private Limited). Rhea currently operates in 19 states and 3 union territories, in India.

AINU, a single-specialty center in South India, is focused on providing healthcare services through hospitals, specializing in (i) urology care, (ii) nephrology care and (iii) dialysis and kidney transplant. They also provide radiology and pathology services to their patients. It has seven hospitals located across Hyderabad, Vishakhapatnam, Siliguri, Chennai and Secunderabad.

AHH LLP is engaged in the business of providing advisory services in the areas of strategy, finance and other operational matters (excluding investment management, investment advisory or financial advisory services). Currently, AHH LLP solely provides advisory services to AHH Singapore and/or its downstream entities through providing an inside view into operation and financial control of companies operating in the healthcare sector

Detailed order of the Commission will follow.

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NB/AD

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MIL OSI Asia Pacific News –
April 16, 2025
MIL-OSI Asia-Pac: CCI approves acquisition of shares of TKE Group by Alat Technologies and the formation of joint venture by Alat Technologies and the TKE Group

Source: Government of India

Posted On: 15 APR 2025 8:05PM by PIB Delhi

The Competition Commission of India has approved the acquisition of shares of TKE Group by Alat Technologies and the formation of joint venture by Alat Technologies and the TKE Group.

The proposed combination relates to the: (a) indirect acquisition by Alat Technologies Company (ATC) of shareholding in Vertical Topco S.à r.l. (Vertical Topco), as a result of which ATC will acquire approximately 15% in the TKE Group (Proposed Topco Investment); and (b) the formation of a joint venture by ATC and the TKE Group (KSA JV) (Proposed KSA JV Transaction).

ATC is a wholly owned subsidiary of the Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia. ATC is active globally and specializes in manufacturing: (a) semiconductors; (b) smart devices; (c) smart buildings; (d) smart appliances; (e) smart health; (f) advanced industrials; (g) next generation infrastructure; (h) electrification; and (i) artificial intelligence infrastructure.

Vertical Topco is a limited liability company incorporated under the laws of Luxembourg. Vertical Topco is the holding company of the TKE Group. The TKE Group is active globally (in more than sixty countries) in the installation, modernization and servicing of elevators, escalators, moving walks, passenger boarding bridges, and stairlifts, as well as related ancillary products and activities.

The proposed KSA JV will be active in the manufacture, supply, installation, and maintenance of vertical and horizontal transportation units (elevators, escalators, etc.) primarily in Saudi Arabia, and potentially in other countries of the MENA region.

Detailed order of the Commission will follow.

*****

NB/AD

(Release ID: 2121947) Visitor Counter : 55

MIL OSI Asia Pacific News –

April 16, 2025
MIL-OSI Asia-Pac: IREDA Reports Highest Ever PAT of ₹1,699 Crore for FY 2024-25, First Company in the NBFC and Banking Sector to Announce Audited Results
Source: Government of India

Posted On: 15 APR 2025 7:53PM by PIB Delhi

Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its Audited Standalone and Consolidated financial results for the Quarter and Year ended March 31, 2025, showcasing significant growth across key financial metrics. The company reported its highest ever Annual Profit After Tax of ₹1,699 crore. As the nation’s largest pure-play Green Financing NBFC, IREDA has once again set industry standards by publishing its Audited Financial Results within just 15-days. This milestone positions IREDA as the first company in the NBFC and Banking Sector, and the first PSU, to publish Audited Financial Results in just 15-days.

The Board of Directors of IREDA, during a meeting held today, acknowledged the company’s outstanding performance and approved the Audited Standalone and Consolidated financial results for the Quarter and Year ended March 31, 2025.

Key Financial Highlights (Standalone) – Q4 FY2024-25 vs Q4 FY2023-24:
- Profit After Tax (PAT): ₹502 crore (↑49%)
- Profit Before Tax (PBT): ₹630 crore (↑31%)
- Revenue from Operations: ₹1,904 crore (↑37%)
- Net Worth: ₹10,266 crore (↑20%)
- Loan Book: ₹76,281 crore (↑28%)
Key Financial Highlights (Standalone) – FY2024-25 vs FY2023-24:
- Profit After Tax (PAT): ₹1,699 crore (↑36%)
- Profit Before Tax (PBT): ₹2,104 crore (↑25%)
- Revenue from Operations: ₹6,742 crore (↑36 %)
- Net Worth: ₹10,266 crore (↑20%)
- Loan Book: ₹76,282 crore (↑28%)
Commenting on the results, Shri Pradip Kumar Das, CMD, IREDA, said, “IREDA’s sustained growth in revenue, profitability, and loan book underscores our strategic focus towards financing India’s renewable energy ambitions. We remain committed to being the enabler of India’s green energy transition through innovative financial solutions and strategic partnerships.”

Shri Das also expressed his appreciation for Team IREDA for their unwavering dedication and excellence in achieving these milestones. He further extended his gratitude to Shri Pralhad Joshi, Hon’ble Union Minister of New & Renewable Energy, Consumer Affairs and Food & Public Distribution; Shri Shripad Naik, Hon’ble Minister of State for Power and New & Renewable Energy; Ms. Nidhi Khare, Secretary, MNRE; other senior officials of MNRE and other ministry; and the Board of Directors for their continued support and invaluable guidance.

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Navin Sreejith

(Release ID: 2121943) Visitor Counter : 68

MIL OSI Asia Pacific News –
April 16, 2025
MIL-OSI Europe: Highlights – Joint BUDG-ECON public hearing on “InvestEU: lessons learned and future perspectives” – Committee on Economic and Monetary Affairs

Source: European Parliament

On 23 April 2025, from 14:30 to 16:30, the BUDG and the ECON Committees will host a public hearing on “InvestEU: lessons learned and future perspectives”.

The purpose of the hearing is to examine key issues around the implementation of the InvestEU programme and to reflect on the main lessons which could be taken into account for future EU programmes. The discussion will explore how to maximise the impact of InvestEU and of future investment initiatives.

In particular, policy experts and researchers from industry associations, consultancies and European bodies, will provide valuable perspectives on their concrete experience and suggestions for the future.

MIL OSI Europe News –

April 16, 2025
MIL-OSI Europe: Latest news – Joint BUDG-ECON public hearing on “InvestEU: lessons learned and future perspectives” – Committee on Economic and Monetary Affairs

Source: European Parliament

AdobeStock_100937588.jpeg © adobe stock

On 23 April 2025, from 14:30 to 16:30, the BUDG and the ECON Committees will host a public hearing on “InvestEU: lessons learned and future perspectives”. The purpose of the hearing is to examine key issues around the implementation of the InvestEU programme and to reflect on the main lessons which could be taken into account for future EU programmes. The discussion will explore how to maximise the impact of InvestEU and of future investment initiatives. In particular, policy experts and researchers from industry associations, consultancies and European bodies, will provide valuable perspectives on their concrete experience and suggestions.

MIL OSI Europe News –

April 16, 2025
MIL-OSI USA: Senator Coons, Young, colleagues introduce bipartisan, bicameral bill to strengthen U.S. role in mapping global critical mineral resources

US Senate News:

Source: United States Senator for Delaware Christopher Coons
WASHINGTON – U.S. Senators Chris Coons (D-Del.), Todd Young (R-Ind.), John Cornyn (R-Texas), and John Hickenlooper (D-Colo.) introduced The Finding Opportunities for Resource Exploration (Finding ORE) Act to strengthen U.S. mineral security and reduce strategic vulnerabilities. Representatives Rob Wittman (R-Va.) and Kathy Castor (D-Fla.) will introduce a companion bill in the U.S. House of Representatives.
Critical minerals are essential to producing technologies for the defense, semiconductor, automotive, and energy sectors—industries that will determine America’s economic future and global influence. Although we have an abundance of domestic mineral resources, demand already outstrips this supply. We must work with allies and partners to achieve mineral security. Additionally, the U.S. is heavily dependent on China for production and processing of many key critical minerals. This bill would leverage the strengths of the U.S. Geological Survey (USGS) in geological mapping of critical mineral reserves while giving U.S. firms a leg up in responsibly developing global mineral resources around the world.
“From the technology that powers the cell phones in our pockets to the systems that keep us safe, Americans depend on critical minerals for our economic strength and national security,” said Senator Coons. “The Finding ORE Act makes sure that our nation will have access to the essential materials we need to keep innovating, growing our economy, and deterring our enemies. I’m grateful for the bipartisan and industry support this bill has received and look forward to pushing for its enactment.”
“Many countries are unmapped or reliant on outdated geological surveys. Our bill would create opportunities for collaboration between the United States and these countries to update geological mapping with the goal of locating critical mineral deposits. These partnerships would be mutually beneficial and provide the United States access to more critical minerals, reducing our dependence on China,” said Senator Todd Young.
“We can’t solve climate change or strengthen national security without harnessing the power of critical minerals,” said Senator Hickenlooper. “Better and more accurate maps will help us and our allies safely and ethically explore untapped critical mineral deposits.”
“Access to a reliable supply chain of critical minerals is essential to meet our nation’s defense, manufacturing, and energy needs,” said Senator Cornyn. “By shoring up alliances with trusted allies and promoting geological mapping of critical mineral reserves, this legislation would ensure America has the resources needed to keep up with global demand and bolster both our mineral security and national security in the years ahead.”
“Critical minerals and rare earth elements are the building blocks of our modern economy and our national security,” said Representative Wittman. “This bill ensures that the United States can work hand-in-hand with like-minded nations to identify and responsibly develop these essential resources, while strengthening supply chain resilience and promoting American leadership in mineral exploration. Through this bill, we are reinforcing our alliances, building technical capacity, and supporting global standards in responsible mineral development. I’m proud to introduce the Finding ORE Act as a forward-looking solution to this pressing global challenge.”
“America’s dependence on adversarial nations for critical minerals poses a significant threat to our national security and our clean energy future,” said Representative Castor. “The Finding ORE Act leverages our expertise in geologic mapping to promote the sustainable development of critical mineral supply chains through international partnerships. This legislation will make our nation safer and stronger while supporting our strategic alliances. I’m grateful to my bipartisan colleagues for working together to enhance U.S. leadership in the clean energy transition.”
“The United States has too often watched from the sidelines as our adversaries explored, invested in, and secured the world’s most promising mineral deposits,” said Abigail Hunter, Executive Director of SAFE’s Center for Critical Minerals Strategy. “This bill changes that. It positions the United States—our geological experts and industry—to help identify and potentially develop the next generation of great deposits. It ensures we show up in resource-rich nations, rather than leaving them to deepen their ties with China.”
“The American Critical Minerals Association welcomes the bipartisan, bicameral introduction of the Finding ORE Act by Senators Coons, Young, Hickenlooper, and Cornyn and Representatives Wittman and Castor,” said Sarah Venuto, Executive Director of ACMA. “Expanding our knowledge base of global minerals resources and growing partnerships with our allies will ensure the United States is a leading force in resourcing critical minerals in a responsible way. ACMA looks forward to working with Senator Coons and his colleagues to advance the Finding ORE Act.”
“Colorado School of Mines commends Senators Coons, Young, Hickenlooper, and Cornyn and Reps. Wittman and Castor for their bipartisan efforts to leverage U.S. expertise in mineral mapping to support safe, secure, and responsible mineral supply chains,” said Dr. John Bradford, Vice President for Global Initiatives at Colorado School of Mines. “When called upon to contribute, institutions with strong partnerships with USGS, like Colorado School of Mines, seek to support America’s government and industry partners to advance the technology, knowledge, and workforce required to responsibly identify, assess, and produce mineral resources in the U.S. and around the world.”
“BPC Action applauds the bipartisan introduction of the Finding ORE Act. The bill will strengthen U.S. supply chain security by enhancing coordination with allies on critical mineral development, helping secure new critical minerals sources free from adversary control,” said Michele Stockwell, president of Bipartisan Policy Center Action (BPC Action).
“Terra AI celebrates this forward-thinking, bi-partisan critical minerals exploration legislation introduced by Senators Coons, Young, Hickenlooper, and Cornyn and Reps. Wittman and Castor,” said John Mern, CEO of Terra AI. “The Finding ORE Act would empower America’s agencies and private firms to explore and claim the next major deposits of critical minerals which will supply our industries for decades to come; supporting manufacturing, aerospace, energy, and artificial intelligence. We support this act’s unique approach to winning the critical minerals race by leveraging America and Her Allies’ relative advantages — strong diplomatic relations, world-leading technology, and entrepreneurial spirit. This act is the essential early stage first step to establishing US global mineral dominance and winning this generational opportunity. As a mineral exploration AI company, we see huge value in collaboration between the private sector and our nation’s diplomatic, geologic and financial agencies abroad. It is a winning playbook, and we look forward to seeing more legislation in this area.”
The Finding ORE Act would authorize the Director of USGS to enter into memoranda of understanding (MOU) with foreign partner countries related to mapping of critical minerals. The bill identifies four objectives for these MOU:
Committing USGS to assist the partner country with a range of critical mineral mapping activities
Committing the partner country to offer a right of first refusal to private companies based in the United States or an allied country in the further development of mapped critical minerals
Facilitating investment in the development of critical minerals in the partner country, including by leveraging financing from the U.S. Development Finance Corporation and Export-Import Bank
Ensuring that mapping data created through partnership with USGS is not disclosed to governmental or private entities in non-allied countries
The bill requires USGS to collaborate with both the State Department and the private sector in identifying which countries to prioritize for negotiation of an MOU and would involve the State Department in the negotiation and implementation process.
A one-pager on the bill is available here.
The full text of the bill is available here.

MIL OSI USA News –

April 16, 2025

MIL-OSI Russia: Financial news: On holding auctions on April 16, 2025 to place OFZ issue No. 26242RMFS and issue No. 26248RMFS

Translartion. Region: Russians Fedetion –

Source: Moscow Exchange – Moscow Exchange –

For bidders

We inform you that, based on the letter of the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Conducting Trading on the Stock Market, Deposit Market and Credit Market of Moscow Exchange PJSC, the order establishes the form, time, term and procedure for holding auctions for the placement and trading of the following federal loan bonds:

Name of the Issuer	Ministry of Finance of the Russian Federation
Name of security	federal loan bonds with constant coupon income
State registration number of the issue	26242RMFS from 01/19/2023
Date of the auction	April 16, 2025
Information about the placement (trading mode, placement form)	The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price. BoardId: PACT (Settlements: Ruble)
Trade code	CO26242RMFSB
ISIN code	RO000A105RV3
Calculation code	B01
Additional conditions of placement	The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time	Trading hours: bid collection period: 12:00 – 12:30; bid execution period: 13:00 – 18:00.

Name of the Issuer	Ministry of Finance of the Russian Federation
Name of security	federal loan bonds with constant coupon income
State registration number of the issue	26248RMFS from 08.05.2024
Date of the auction	April 16, 2025
Information about the placement (trading mode, placement form)	The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price. BoardId: PACT (Settlements: Ruble)
Trade code	CO26248RMFS3
ISIN code	RO000A108EH4
Calculation code	B01
Additional conditions of placement	The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time	Trading hours: bid collection period: 14:30 – 15:00; bid execution period: 15:30 – 18:00.

Contact information for media 7 (495) 363-3232Pr@moex.kom

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

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

HTTPS: //VVV. MOEX.K.M.M.

MIL OSI Russia News –

April 16, 2025

MIL-OSI Security: Mexican National Sentenced to More Than Four Years in Federal Prison for Smuggling and Labor Trafficking Scheme

Source: Federal Bureau of Investigation (FBI) State Crime News

Marc H. Silverman, Acting United States Attorney for the District of Connecticut, announced that MARIA DEL CARMEN SANCHEZ POTRERO, also known as Maria Carmela Sanchez, 71, a citizen of Mexico last residing in Hartford, was sentenced today by U.S. District Judge Kari A. Dooley in Bridgeport to 51 months of imprisonment for her involvement in a scheme to smuggle aliens into the U.S., harbor them at Hartford area residences, force them to work, and threaten to harm them in various ways if they failed to pay exorbitant fees, interest, and other living expenses.

According to court documents and statements made in court, beginning in September 2022, the FBI and Hartford Police interviewed several Mexican nationals who disclosed that they were smuggled from Mexico into the U.S. and transported to Hartford. The investigation revealed that victims typically arranged with Sanchez and others in Connecticut and Mexico to cross the border into the U.S. in exchange for a fee of between $15,000 and $20,000 that each would need to pay once they were in the U.S. In most cases, the victims were required to turn over a property deed as collateral before leaving Mexico. They were then smuggled across the border and transported to Hartford area residences, including Sanchez’s residence on Madison Street in Hartford, often at a substantial risk of bodily injury or death.

After the victims arrived in Connecticut, they were told that they would have to pay approximately $30,000, with interest, and that they would have to pay Sanchez and her co-coconspirators for rent, food, gas and utilities. Sanchez and her co-conspirators created false documents for the victims, including Permanent Residence cards and Social Security cards, and helped the victims find employment in the Hartford area. In addition to their own jobs, some victims were required to perform housework and yardwork without compensation and without having their debt reduced.

Victims were rarely provided with an accounting of their debt. If victims failed to make regular payments, or in amounts that Sanchez and her co-conspirators expected, they were sometimes threatened, including with threats to harm family members in Mexico, to take property in Mexico that had been secured as collateral, to reveal victims’ immigration status to U.S. authorities, and to raise their interest payments.

To date, investigators have identified 19 victims of this scheme. Multiple victims were minors, and at least two were smuggled into the U.S. unaccompanied by a relative or legal guardian.

Sanchez has been detained since her arrest on March 1, 2023. On October 24, 2024, she pleaded guilty to conspiracy to encourage and induce, bring in, transport, and harbor aliens.

Judge Dooley ordered Sanchez to pay restitution of $574,608.

Sanchez faces immigration when she completes her prison term.

This investigation has been conducted by the Federal Bureau of Investigation, Hartford Police Department, U.S. Department of Labor – Office of Inspector General, U.S. Customs and Border Protection, U.S. Citizenship and Immigration Services, and U.S. Immigration and Customs Enforcement. The case is being prosecuted by Assistant U.S. Attorneys Angel Krull and Shan Patel.

MIL Security OSI –

April 16, 2025
MIL-OSI: Caisse Française de Financement Local: EMTN 2025-7 GREEN
Source: GlobeNewswire (MIL-OSI)

Paris, 15 April 2025

Capitalised terms used herein shall have the meaning specified for such terms in the Caisse Française de Financement Local base prospectus to the €75,000,000,000 Euro Medium Term Note Programme dated 8 July 2024 (the “Base Prospectus”).

Caisse Française de Financement Local has decided to issue on 17 April 2025 – Euro 1,000,000,000 Fixed Rate Obligations Foncières due 17 April 2035.

The net proceeds of this issue will be used to finance and/or refinance, in whole or in part, the Eligible Green Loans as defined in the Sfil Group Green, Social and Sustainability Bond Framework which is available on the website of the Issuer.

A Stabilisation Manager has been named in the applicable Final Terms.

The Base Prospectus dated 8 July 2024 and the supplements to the Base Prospectus dated 13 September 2024, 30 September 2024, 26 December 2024, 27 February 2025 and 2 April 2025 approved by the Autorité des Marchés Financiers are available on the website of the Issuer (https://www.caissefrancaisedefinancementlocal.fr/), at the registered office of the Issuer: 112-114, avenue Emile Zola, 75015 Paris, France, and at the office of the Paying Agent indicated in the Base Prospectus.

The Final Terms relating to the issue will be available on the website of the AMF (www.amf-france.org) and of the Luxembourg Stock Exchange (www.bourse.lu), at the office of the Issuer and at the office of the Paying Agent.

Attachment
- CAFFIL EMTN 2025-7 GREEN_Communiqué
The MIL Network –
April 16, 2025
MIL-OSI USA: Rep. Cammack Leads The Charge & Secures Department of Commerce’s Withdrawal From 2019 Suspension Agreement On Fresh Tomatoes From Mexico

Source: United States House of Representatives – Congresswoman Kat Cammack (R-FL-03)

GAINESVILLE, FL — This morning, Congresswoman Kat Cammack issued the following statement about the U.S. Department of Commerce’s announcement of its intent to withdraw from the 2019 Agreement Suspending the Antidumping Investigation on Fresh Tomatoes from Mexico, with termination effective in 90 days.

“This has been a priority of ours for years in Florida,” said Rep. Kat Cammack. “For half a decade now, our producers have been subject to an unfair marketplace. In the past five years alone, Mexican tomato producers have violated the suspension agreement over 100 times. The economic impact of these violations has been catastrophic on our domestic tomato producers.”

“I’ve long been a champion of free but fair trade. Since the beginning of 2000 we have dropped from 250 producers to just 25. I’m grateful the Trump administration is working so hard to enforce international U.S. trade laws, and I know our tomato producers in Florida will be relieved to once more have a level playing field. As the only Florida Member on the House Agriculture Committee, I’m proud to work on behalf of our farmers, ranchers, and producers to deliver the support they deserve and keep their industry alive. Food security is national security which is why ensuring our producers are protected from unfair trade practices is critical,” Rep. Cammack added.

The Department of Commerce currently maintains 734 antidumping and countervailing duty orders which provide relief to American companies and industries impacted by unfair trade. These duty orders provide American workers with a mechanism to seek relief from harmful unfair pricing of imports.

“A great injustice to our Florida tomato producers has finally been addressed,” said Jeb Smith, President of the Florida Farm Bureau. “Thank you to Congresswoman Cammack for heeding the pleas of our growers and leading the charge. Many thanks to Secretary Lutnick, Secretary Rollins, and others in this administration for acting. For decades our farmers have simply sought strict enforcement of U.S. trade law, including the 2019 Tomato Suspension Agreement. At last, we are witnessing such. With the institution of the antidumping duty order resulting in duties of 20.91 percent on most imports of tomatoes from Mexico, fair trade could be attainable. It is an exciting day for tomato growers in the Sunshine State and the broader produce industry!”

“For decades, unfair foreign trade practices have taken their toll on U.S. growers of fresh fruits and vegetables,” said Mike Joyner, president of the Florida Fruit & Vegetable Association. “The termination of the 2019 Tomato Suspension Agreement is a positive step toward helping tomato growers compete on a level playing field and ensure American consumers are not forced to rely on foreign sources for fresh fruits and vegetables. We sincerely appreciate the support and efforts of this administration and Congresswoman Cammack for effectively implementing U.S. trade laws and protecting domestic tomato growers.”

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MIL OSI USA News –

April 16, 2025
MIL-OSI: XRP News: XploraDEX Presale Enters Final 6 Days—Last Chance Before XRP’s First AI-Powered DEX Goes Live

Source: GlobeNewswire (MIL-OSI)

ZURICH, April 15, 2025 (GLOBE NEWSWIRE) — As the final six days of the XploraDEX $XPL Presale begin, investor excitement is reaching new heights across the crypto space. This isn’t just a countdown—it’s a race. With limited allocation left and anticipation for the platform’s launch building daily, the window for early entry into one of XRPL’s most innovative DeFi projects is quickly closing.

XploraDEX is gearing up to launch as the first AI-powered decentralized exchange on the XRP Ledger, introducing a smarter, faster, and more efficient trading experience. Unlike traditional DEXs that rely solely on manual input and basic analytics, XploraDEX integrates AI-driven features that allow users to receive real-time insights, execute automated trades, and manage portfolios with intelligent precision.

Buy $XPL Tokens

As the $XPL Presale nears its conclusion, the $XPL token has become one of the most sought-after assets in the XRP community. The remaining allocation is shrinking fast, and early buyers are locking in their positions before the next major price shift. According to the team, once the presale ends, $XPL will list at a higher valuation on XRPL DEXs, alongside the rollout of core platform utilities.

What makes this presale different is not just the hype—it’s the real tech behind it. XploraDEX has spent months developing and refining its AI engine, designed to help both experienced and everyday traders navigate volatile markets with confidence. The platform’s backend architecture allows for split-second decision-making, adaptive trading logic, and performance optimization that evolves with market trends.

Participate in $XPL Presale

The $XPL Token

The $XPL token plays a central role in the ecosystem. Beyond being the fuel for transaction discounts and access to advanced tools, it also provides governance power, staking rewards, and participation in the platform’s upcoming launchpad module. Early adopters will benefit from exclusive perks, including priority access to AI beta features, higher staking tiers, and early allocation in future project launches.

With only six days remaining in the presale, the urgency is clear. Investor sentiment is high, social buzz is climbing, and institutional wallets have begun to take notice. If you’ve been watching from the sidelines, now is the moment to make a move—before $XPL transitions from opportunity to hindsight.

Grab Your $XPL Tokens

6 days. One platform. A smarter way to trade. Will you be part of it before it goes live?

Secure Your $XPL Tokens Now: https://sale.xploradex.io

Stay connected and Join the XploraDEX AI Revolution

Website | $XPL Token Presale | X

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.

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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94aa2eab-50e7-4ff6-b9fb-0d27b3d4f41d

The MIL Network –

April 16, 2025
MIL-OSI Security: Elma man pleads guilty to production and possession of child pornography

Source: Office of United States Attorneys

BUFFALO, N.Y.-U.S. Attorney Michael DiGiacomo announced today that Matthew A. Steele, 53, of Elma, NY, pleaded guilty before U.S. District Judge John L. Sinatra, Jr. to production and possession of child pornography involving a prepubescent minor, which carry a mandatory minimum penalty of 15 years in prison, a maximum of 30 years, and a fine of $250,000.

Assistant U.S. Attorney Aaron J. Mango, who is handling the case, stated that between July 2008, and July 2010, Steele produced images of child pornography with a minor female (victim) on several occasions from the time she was approximately nine years old until she was approximately 12 years old. Some of the images were distributed by Steele to other unknown individuals. On March 11, 2024, investigators executed a search warrant at his residence, seizing two electronic devices. A forensic review of the devices recovered numerous sexually explicit images of the victim created by Steele. In addition, 45 images of child pornography, not involving the victim, that Steele obtained over the internet were recovered. Some of the images included prepubescent minors and depicted violence against children.

The plea is the result of an investigation by Homeland Security Investigations, under the direction of Special Agent-in-Charge Erin Keegan, the New York State Police, under the direction of Major Amie Feroleto, the National Center for Missing and Exploited Children.

Sentencing is scheduled for August 13, 2025, at 10:00 a.m. before Judge Sinatra.

# # # #

MIL Security OSI –

April 16, 2025
MIL-OSI Canada: Saskatchewan Sees Continued Housing Starts Growth

Source: Government of Canada regional news

Released on April 15, 2025

Province Ranks First in Canada for Growth in Urban Housing Starts

Today, Statistics Canada released data showing that urban housing starts in Saskatchewan increased by 96.5 per cent in the first three months of 2025 compared to the same period in 2024. This places Saskatchewan first among the provinces for growth in this category.

“Saskatchewan is growing at rates not seen for more than a century and these numbers are demonstrating the effectiveness of our economic growth initiatives,” Trade and Export Development Minister Warren Kaeding said. “By creating jobs, encouraging investment and expanding opportunities, we are delivering the programs, services and infrastructure needed for a growing province.”

In March 2025, urban housing starts in Saskatchewan increased by 160.8 per cent, compared to March 2024. This ranks third among the provinces for year-over-year growth.

In March 2025, housing starts on single family dwellings increased by 90.8 per cent, and multiple units increased by 193.3 per cent, compared to March 2024.

Housing starts are a measure of the number of new housing builds where construction has begun.

Statistics Canada’s latest GDP numbers indicate that Saskatchewan’s 2023 real GDP reached an all-time high of $77.9 billion, increasing by $1.8 billion, or 2.3 per cent. This ties Saskatchewan for second in the nation for real GDP growth, and above the national average of 1.6 per cent.

Private capital investment in Saskatchewan increased last year by 17.3 per cent to $14.7 billion, ranking first among provinces for growth. Private capital investment is projected to reach $16.2 billion in 2025, an increase of 10.1 per cent over 2024. This is the second highest anticipated percentage increase among the provinces.

Last year, the province released Securing the Next Decade of Growth: Saskatchewan’s Investment Attraction Strategy, in conjunction with the launch of the investSK.ca website. These initiatives are positioned to amplify growth in Saskatchewan, serving as pivotal instruments in driving further development.

For more information visit: InvestSK.ca.

-30-

For more information, contact:

MIL OSI Canada News –

April 16, 2025
MIL-OSI USA: Attorney General’s Office sues Seattle Public Schools over illegal treatment of pregnant and nursing employees

Source: Washington State News

SEATTLE – The Washington state Attorney General’s Office today filed a civil rights lawsuit against Seattle Public Schools, alleging repeated failures to provide reasonable accommodations to pregnant and nursing employees as required by state law.

The office’s investigation found Seattle Public Schools routinely failed to provide legally required accommodations to pregnant and nursing employees such as flexible restroom breaks, modified work schedules, and the ability to sit more frequently. One employee, while eight months pregnant, was unable to sit her entire workday.

These practices affected employees across various schools over several years. The state’s investigation revealed that Seattle Public Schools did not have a district-level policy for how to handle pregnancy accommodation requests from employees.

The district also failed to provide reasonable break time to express milk, or clean and private locations for nursing employees to pump. Employees were walked in on while expressing milk, endured painful clogged ducts, and experienced infections like mastitis. One employee felt “they had no choice but to take leave to continue breastfeeding,” according to the complaint.

The suit also alleges the school district violated state law by retaliating against employees who sought reasonable accommodations. These included negative performance reviews for employees who requested accommodations, admonishing employees for having doctors’ appointments, and removing employees from preferred classroom assignments.

In some cases, employees were wrongfully left unpaid or without benefits during or immediately after their pregnancies.

“These employees suffered mentally, physically, and financially because of the school district’s actions,” Attorney General Nick Brown said. “The Legislature has been clear that employers must accommodate the health needs of their pregnant and nursing workers, which is why Washington has laws banning employers from doing what Seattle Public Schools did to its employees.”

The practices detailed in the suit, dating back to at least 2021, violate the state Healthy Starts Act and the Washington Law Against Discrimination.

Prior to filing suit, the Attorney General’s Office approached the district about these concerns and sought to resolve the matter, but those discussions were unsuccessful.

The lawsuit, filed in King County Superior Court, seeks to halt Seattle Public Schools from engaging in its discriminatory practices and award restitution to each impacted employee. Assistant Attorney General Diane Lopez, AGO Investigator Jennifer Sievert, and Paralegal Panda Halford are handling the case for the AGO.

If you have experienced pregnancy discrimination at Seattle Public Schools, we want to hear from you. Contact our Civil Rights Division by emailing seattleschoolslawsuit@atg.wa.gov or by calling 833-660-4877 and selecting Option 5. Current and former employees may also submit a complaint using the AGO’s online form.

The lawsuit can be found here.

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Washington’s Attorney General serves the people and the state of Washington. As the state’s largest law firm, the Attorney General’s Office provides legal representation to every state agency, board, and commission in Washington. Additionally, the Office serves the people directly by enforcing consumer protection, civil rights, and environmental protection laws. The Office also prosecutes elder abuse, Medicaid fraud, and handles sexually violent predator cases in 38 of Washington’s 39 counties. Visit www.atg.wa.gov to learn more.

Media Contact:

Email: press@atg.wa.gov

Phone: (360) 753-2727

General contacts: Click here

Media Resource Guide & Attorney General’s Office FAQ

MIL OSI USA News –

April 16, 2025
MIL-OSI: InspireSemi Announces Appointment of Jack Cartwright as Permanent CFO

Source: GlobeNewswire (MIL-OSI)

VANCOUVER, British Columbia and AUSTIN, Texas, April 15, 2025 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads is pleased to announce that it has promoted its interim Chief Financial Officer, Jack Cartwright, to the permanent Chief Financial Officer role with the Company.

Ron Van Dell, InspireSemi CEO, commented, “Jack has been working with the InspireSemi team since June 2024 and has shown tremendous dedication and skill while acting as interim CFO. We are delighted to now make the position with the Company permanent and look forward to Jack leading the finance side of the business at this critical juncture for the Company, as we seek to commercialize our product.”

Jack Cartwright is a successful financial and operational leader with over 20 years of corporate finance experience ranging from high growth early-stage tech firms to highly technical complex global businesses. Jack’s depth of experience includes SaaS, B2C marketplaces, AdTech, telecommunications, carbon and clean energy, and logistics.

Based in Austin, Texas, Jack was previously CFO at two other technology firms and has held a variety of leadership positions in finance, including leading several M&A transactions on both the sell side and buy side, and also several fundraising efforts with large, institutional investors.

Jack has also led many post-closing integration projects involving advanced reporting optimization, including the financial integration of two public software companies and the acquisition and concurrent integration of 4 Fintech companies with audit and IPO filings.

Jack holds an MBA (The University of Texas at Austin) with a concentration in finance, accounting & strategy, and a Master of Science degree in Accounting (University of Miami) and was formerly an officer in the United States Army.

The Company also announces its board of directors approved the grant of stock options dated April 15, 2025 (the “Options“) to an officer to acquire a total of 1,000,000 subordinate voting shares in the capital of the Company at an exercise price of $0.16.

All of the Options are exercisable for a ten-year term expiring April 15, 2035, and were granted pursuant to the Company’s omnibus equity incentive plan (the “Plan“). All of the Options are subject to the terms of the Plan and applicable option agreements.

166,667 stock options will vest immediately. A further 83,333 will vest on August 1, 2025, and the remainder will vest in equal monthly amounts over 3 years from August 1, 2025.

About InspireSemi

InspireSemi provides revolutionary high-performance, energy-efficient accelerated computing solutions for High-Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads. The Thunderbird I ‘supercomputer-cluster-on-a-chip’ is a disruptive, next-generation datacenter accelerator designed to address multiple underserved and diversified industries, including financial services, computer-aided engineering, energy, climate modeling, cybersecurity, and life sciences & drug discovery. Based on the open standard RISC-V instruction set architecture, InspireSemi’s solutions set new standards of performance, energy efficiency, and ease of programming. InspireSemi is headquartered in Austin, TX.

For more information visit https://inspiresemi.com
Follow InspireSemi on LinkedIn

Company Contact
Ron Van Dell, CEO
(737) 471-3230
invest@inspiresemi.com

Cautionary Statement on Forward-Looking Information

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Statements concerning InspireSemi’s objectives, goals, strategies, priorities, intentions, plans, beliefs, expectations and estimates, and the business, operations, financial performance and condition of InspireSemi are forward-looking statements. Often, but not always, forward-looking information 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 forgoing) be taken, occur, be achieved, or come to pass.

Forward-looking information includes, but is not limited to, information regarding the Delisting and any future listing. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this presentation, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of InspireSemi, 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 reflect management’s 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 reflects management’s current beliefs and is based on information currently available to them and on assumptions they believe to be not unreasonable in light of all of the circumstances. 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 forward-looking information.

Should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

The MIL Network –

April 16, 2025
MIL-OSI Security: Mexican National Sentenced to Nearly 5 Years in Prison for Trafficking 230 Pounds of Methamphetamine and 5 Pounds of Fentanyl

Source: Office of United States Attorneys

FRESNO, Calif. — Isaac Abraham Sandoval Lopez, 36, of Sinaloa, Mexico, was sentenced Monday by U.S. District Judge Kirk E. Sherriff to four years and nine months in prison for possessing with intent to distribute methamphetamine, fentanyl, and heroin, Acting U.S. Attorney Michele Beckwith announced.

According to court documents, on June 26, 2024, officers stopped Sandoval Lopez for a traffic infraction while driving northbound on Interstate 5 in Fresno County. A subsequent search of his car revealed several bags, suitcases, and backpacks throughout the car containing different types of narcotics. In total, officers seized approximately 230 pounds of methamphetamine, 5 pounds of fentanyl, and 2 pounds of heroin.

This case was the product of an investigation by the California Highway Patrol and the Federal Bureau of Investigation. Assistant U.S. Attorney Cody S. Chapple prosecuted the case.

MIL Security OSI –

April 16, 2025
MIL-OSI Security: Man Charged with Threatening Director of National Intelligence Tulsi Gabbard and Her Family
Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

ATLANTA – Aliakbar Mohammad Amin has been arrested and charged pursuant to a criminal complaint with transmitting interstate threats to injure Director of National Intelligence (DNI) Tulsi Gabbard and her family.

“Threatening to harm public officials is a criminal act that cannot be excused as political discourse,” said Acting U.S. Attorney Richard S. Moultrie, Jr. “Our Office, in coordination with our law enforcement partners, will vigorously prosecute individuals who commit these acts of violence.”

“The FBI sees all threatening communications as a serious federal offense. We will employ every investigative tool and resource available to identify those responsible and ensure they are prosecuted to the fullest extent of the law,” said Paul Brown, Special Agent in Charge of FBI Atlanta. “Let this arrest serve as a clear warning: if you engage in this kind of criminal behavior, you will be caught and you will go to prison.”

According to Acting U.S. Attorney Moultrie, the complaint, and other information presented in court: Between March 29 and April 1, 2025, Amin allegedly sent text messages that included threats against DNI Gabbard and her husband, including the following statements:
- “You and your family are going to die soon” and “I will personally do the job if necessary.”
- “Death to America means death to America literally, Tulsi is living on borrowed time.
- “The home you two own . . . is a legitimate target and will be hit at a time and place of our choosing.”
- “Prepare to die, you, Tulsi, and everyone you hold dear. America will burn.”
During the investigation, federal agents also discovered similar threats allegedly made by Amin in social media posts, including an image depicting a firearm pointed at a photograph of DNI Gabbard, and a second image of a firearm pointed at a photograph of DNI Gabbard and her husband. Federal agents later recovered a firearm while executing a warrant to search Amin’s home.

Aliakbar Mohammad Amin, 24, of Lilburn, Georgia, was charged on April 11, 2025, via a previously sealed criminal complaint alleging a violation of Title 18, United States Code, Section 875(c). He was ordered detained pending trial by a U.S. Magistrate Judge after making his initial appearance in federal court.

This case is being investigated by the Federal Bureau of Investigation.

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

For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

MIL Security OSI –
April 16, 2025
MIL-OSI: Five Star Bancorp Announces First Quarter 2025 Earnings Release Date and Webcast

Source: GlobeNewswire (MIL-OSI)

RANCHO CORDOVA, Calif., April 15, 2025 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the “Bank”), expects to report its financial results for the quarter ended March 31, 2025, after the stock market closes on Monday, April 28, 2025.

Management will host a live webcast for analysts and investors to review this information at 1:00 PM ET (10:00 AM PT) on April 29, 2025.

The live webcast will be accessible from the “News & Events” section of the Company’s website under “Events” at https://investors.fivestarbank.com/news-events/events. Please pre-register for the event using this link. The webcast will be archived on the Company’s website for a period of 90 days.

About Five Star Bancorp

Five Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The Bank has eight branches in Northern California. For more information, visit https://www.fivestarbank.com.

Investor Contact:
Heather C. Luck, Chief Financial Officer
Five Star Bancorp
(916) 626-5008
hluck@fivestarbank.com

Media Contact:
Shelley R. Wetton, Chief Marketing Officer
Five Star Bancorp
(916) 284-7827
swetton@fivestarbank.com

The MIL Network –

April 16, 2025
MIL-OSI Security: Yatahey Man Faces Federal Charges for Sexual Assault

Source: Office of United States Attorneys

ALBUQUERQUE – A Yatahey man is facing charges in federal court in connection with a violent sexual assault.

According to court documents, on March 29, 2025, Jane Doe reported that she has been sexually assaulted the day before by Fernando Brown, 34, an enrolled member of the Navajo Nation. Following the assault, Jane Doe was transported to Gallup Indian Medical Center for treatment. When questioned by law enforcement, Brown allegedly admitted to continuing sexual activity after Jane Doe repeatedly told him to stop and also disclosed prior instances of physical violence against Doe.

Brown is charged with aggravated sexual abuse and will remain in custody pending trial, which has not been set. If convicted of the current charges, Brown faces up to life in prison.

Acting U.S. Attorney Holland S. Kastrin and Raul Bujanda, Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

The Gallup Resident Agency of the Federal Bureau of Investigation’s Albuquerque Field Office investigated this case with assistance from the Ramah-Navajo Police Department. Assistant U.S. Attorney Aaron Jordan is prosecuting the case.

A criminal complaint is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

MIL Security OSI –

April 16, 2025
MIL-OSI: Societe Generale: Availability or consultation of the information relating to the combined General Meeting of Shareholders dated 20 May 2025
Source: GlobeNewswire (MIL-OSI)

AVAILABILITY OR CONSULTATION OF THE INFORMATION RELATING TO THE COMBINED GENERAL MEETING OF SHAREHOLDERS DATED 20 MAY 2025

Press release

Paris, 15 April 2025

The Combined General Meeting of shareholders will be held on 20 May 2025, at 4 pm, at CNIT Forest, 2, Place de la Défense, 92092 Puteaux, France.

The notice of meeting and the convening notice relating to this Meeting were respectively published in the Bulletins des Annonces Légales Obligatoires (BALO) dated 12 March and 14 April 2025.

These notices, the convening brochure as well as the documents and information mentioned in Article R. 22-10-23 of the French Commercial Code intended to be presented to the Meeting are now (regarding the information mentioned in Article R. 225-83 of the French Commercial Code) or will be made available to the shareholders on Societe Generale’s website at the following address:
https://www.societegenerale.com/en/societe-generale-group/governance/annual-general-meeting.

The documents to be made available to the shareholders as part of this Meeting, may be consulted by the shareholders, in accordance with the conditions provided by the applicable regulations, at the administrative office of Societe Generale, 17 cours Valmy – 92972 La Défense Cedex (France), by sending a request by email to the electronic address: General.meeting@socgen.com.

Press contacts:
Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com

Societe Generale

Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:
- French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
- Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
- Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.
Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

Attachment
- Societe-Generale_Availability-information-GM-2025
The MIL Network –
April 16, 2025
MIL-OSI: Sidetrade reported a 22% increase in Revenue for Q1 2025, including a 26% rise in SaaS subscription.
Source: GlobeNewswire (MIL-OSI)

Robust bookings despite a challenging macroeconomic environment

€2.77 million in Annual Contract Value (ACV) in Q1 2025
- Including €1.28 million in new SaaS bookings (ARR)
- And €1.49 million in Services bookings
Solid revenue growth of +22%, driven by a +26% increase in SaaS subscriptions, reflecting strong recurring revenue momentum

Double-digit sales growth confirmed for 2025, despite ongoing market uncertainty

Sidetrade, the global leader in AI-powered Order-to-Cash applications, today announces €2.77 million in bookings for the first quarter of 2025, along with revenue growth of +22%, including a +26% increase in SaaS subscriptions.

Olivier Novasque, CEO of Sidetrade commented:

“While the start of the year has been shaped by an uncertain economic climate—particularly in the United States—we continue to deliver double-digit revenue growth quarter after quarter. In Q1, we commend the strong performance of our European bookings, reflecting solid commercial momentum among existing clients. This was driven by the adoption of new product modules and geographic expansion into new countries. This expansion within our installed base effectively offset the more cautious stance of decision-makers in the US market. Achieving a near-perfect balance (50/50) in our development model over the past three years—between bookings from Europe versus the United States on one hand, and new customer sales versus existing customer upsell on the other—has equipped us with the resilience to navigate more turbulent periods when one of these components temporarily falters. Looking ahead across all four quarters of fiscal year 2025, we are confident in our ability to maintain this equilibrium. Regarding Q1 revenue, our record bookings in 2024, combined with a revenue recurrence rate exceeding 90% and the contribution from SHS Viveon, has enabled us to achieve a strong growth of +22%, continuing the momentum from our standout 2024 performance.”

€2.77 million in Annual Contract Value (ACV) in Q1 2025
In the first quarter of 2025, Sidetrade delivered a solid performance, recording €2.77 million in Annual Contract Value (ACV) from new signed contracts, compared to €3.98 million in Q1 2024. It is important to note that Q1 2024 represented an exceptionally high comparison base, with triple-digit growth of +117%, nearing the Company’s all-time record of €4.1 million. While Q1 2025 marks a year-over-year decline of 30% against this particularly strong prior-year quarter, the performance remains robust in absolute terms and significantly exceeds the €1.83 million recorded in Q1 2023, representing a +51% increase over that period.

During the quarter, strong performance in Europe—driven by existing customers and accounting for nearly 90% of total bookings—more than offset a more mixed performance in the United States. This European momentum was supported by the successful commercialization of new product modules, including CashApps and Augmented Invoice, the latter being dedicated to electronic invoicing. In North America, bookings contributed 15% of Q1 2025 total bookings. The region faced a more cautious investment environment, as key decision-makers adopted a wait-and-see approach regarding new project commitments.

In addition, new SaaS bookings (New ARR) totaled €1.28 million, compared to €1.85 million in Q1 2024, while Services bookings totaled €1.49 million versus €2.13 million in Q1 2024.

Sidetrade’s development model—balanced between North America and Europe, and between new customer acquisitions and upsells to the existing client base—provides the Company with strong resilience against short-term market imbalances. This quarter, solid expansion sales in Europe among existing customers ultimately enabled the Company to deliver a robust overall performance, despite a more challenging macroeconomic environment in the US.

Solid revenue growth of +22%, driven by a +26% increase in SaaS subscriptions, reflecting strong recurring revenue momentum

Sidetrade

(€m)
Q1 2025 Q1 2024 Change

SaaS Subscriptions 12.1 ⁽¹⁾ 9.6 +26%

Revenue 14.3 ⁽²⁾ 11.8 +22%

All the 2025 information in this financial release is from consolidated, unaudited data.
⁽¹⁾ includes €1.35 million in recurring revenue from SHS Viveon
⁽²⁾ includes €1.90 million in total revenue from SHS Viveon

Sidetrade recorded a very strong start to fiscal year 2025, posting revenue of €14.3 million for the first quarter, representing year-over-year growth of +22%.

SaaS subscriptions reached €12.1 million in Q1 2025, reflecting year-over-year growth of 26%, including +12% on a like-for-like basis (excluding the integration of SHS Viveon). This sustained pace underscores the effectiveness of Sidetrade’s SaaS business model and its ability to efficiently convert bookings into recognized revenue.

In the first quarter of 2025, Services revenue posted modest growth of +3%, reaching €2.2 million. On a like-for-like basis (excluding the impact of SHS Viveon), this represents a decline of -20%. This trend reflects a lower volume of new large-scale projects and more limited-service engagements related to SaaS subscriptions among existing clients.

Sidetrade continued to expand its footprint with large multinationals. In Q1 2025, subscriptions from companies generating over €2.5 billion in annual revenue grew by 44%. For the first time, contracts from these large enterprises accounted for more than half of Sidetrade’s total subscription revenue, representing 53% of the total—underscoring the Company’s increasingly strong positioning within the large enterprise segment. This momentum is expected to remain a key growth driver in the coming quarters.

The integration of SHS Viveon’s operations (effective as of July 1, 2024) contributed €1.9 million to Sidetrade’s revenue in the first quarter of 2025, accounting for 13% of the total quarterly revenue.

It is important to note that all of Sidetrade’s multi-year contracts are systematically indexed to inflation—using the Syntec index for Southern Europe, the UK Consumer Price Index (CPI) for Northern Europe, and the U.S. CPI for the United States. This mechanism ensures that annual price adjustments are applied automatically to SaaS subscription fees in line with inflation trends, without the need to wait for contract renewal.

Next financial announcement
Annual General Meeting: June 18, 2025, 11:00 AM – 12:30 PM (France, Sidetrade headquarters)
First Half Year Revenue for 2025: July 16, 2025 (after the stock market closes)

Investor relations
Christelle Dhrif 00 33 6 10 46 72 00 cdhrif@sidetrade.com

Media relations
Becca Parlby 00 44 7824 5055 84 bparlby@sidetrade.com

About Sidetrade (www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) provides a SaaS platform designed to revolutionize how cash flow is secured and accelerated. Leveraging its next-generation AI, nicknamed Aimie, Sidetrade analyzes $7.2 trillion worth of B2B payment transactions daily in its Cloud, thereby anticipating customer payment behavior and the attrition risk of 39.9 million buyers worldwide. Aimie recommends the best operational strategies, dematerializes and intelligently automates Order-to-Cash processes to enhance productivity, results and working capital across organizations.
Sidetrade has a global reach, with 400+ talented employees based in Europe, the United States and Canada, serving global businesses in more than 85 countries. Amongst them: Biffa, Bunzl, Engie, Inmarsat, KPMG, Lafarge, Manpower, Page, Randstad, Saint-Gobain, Securitas, Tech Data, UGI, and Veolia.
Sidetrade is a participant of the United Nations Global Compact, adhering to its principles-based approach to responsible business.

For further information, visit us at www.sidetrade.com and follow @Sidetrade on LinkedIn.

In the event of any discrepancy between the French and English versions of this press release, only the French version is to be taken into account.

Attachment
- Another double-digit growth quarter
The MIL Network –
April 16, 2025
MIL-OSI: XRP News: Investors Rush In as XploraDEX Presale Nears Deadline — 6 Days Left to Join XRP’s Smartest DEX

Source: GlobeNewswire (MIL-OSI)

ZURICH, April 15, 2025 (GLOBE NEWSWIRE) — The $XPL Presale round window is closing fast, and crypto investors know it. With just 6 days remaining before the end of the XploraDEX $XPL presale, participation is accelerating at a record pace as both retail traders and XRP whales move to secure their allocations in what’s being dubbed XRPL’s most intelligent DeFi protocol.

Built natively on the XRP Ledger, XploraDEX is not just another decentralized exchange. It’s a game-changing AI-powered trading platform that merges high-speed on-chain execution with real-time machine learning, predictive analytics, and intelligent trade automation. For investors seeking more than speculative hype, XploraDEX delivers a product with real-world utility and forward-thinking infrastructure.

BUY $XPL PRESALE

The momentum behind $XPL has surged over the past week. Social channels are buzzing, wallet connections are climbing, and on-chain data shows strategic accumulation across multiple tiers of investor profiles. With over 80% of the $XPL Presale allocation now sold, the final wave of interest is pushing the project toward a full presale sellout before the official deadline.

Early adopters of $XPL gain access to powerful AI features that include personalized trade signals, volatility tracking, risk-adjusted order execution, and smart liquidity routing—all optimized for XRPL’s ultra-fast and low-cost ecosystem. The platform is designed for traders of all levels, helping users execute with the same strategic edge previously reserved for institutional players.

PARTICIPATE IN $XPL PRESALE

More than just a utility token, $XPL Token is the lifeblood of the entire ecosystem. It powers access to premium AI dashboards, offers reduced trading fees, unlocks staking opportunities with high-yield potential, and provides governance rights that give holders a say in future upgrades. Presale participants also receive priority access to Launchpad IDOs and early partner integrations.

According to the XploraDEX team, platform development is on track, with key AI modules entering their final beta stage. The first wave of staking programs and partner announcements will roll out immediately after the presale ends. Once $XPL lists on XRPL-based DEXs, the token will be available to the broader public—but not at the discounted rate early investors are currently securing.

[Grab Your $XPL Token Now]

The next 6 days represent the final opportunity to enter before the price increases and utility features begin rolling out in waves. With interest surging and supply running thin, hesitation now could mean watching the platform—and the price—take off without you.

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Stay connected and Join the XploraDEX AI Revolution

Website | $XPL Token Presale | 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.

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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f7d7221e-54c9-4029-8547-1a36e3b8b3c9

The MIL Network –

April 16, 2025

MIL-OSI: Top Free Bitcoin Cloud Mining Platform in 2025: SpeedHash Lets You Earn BTC Daily from Home—No Equipment Needed

Source: GlobeNewswire (MIL-OSI)

London, UK, April 15, 2025 (GLOBE NEWSWIRE) — With Bitcoin adoption on the rise, more investors are searching for secure, low-barrier ways to profit from mining. Enter SpeedHash — the 2025 standout in cloud-based Bitcoin mining. By removing hardware hassles and offering real ROI from day one, SpeedHash is redefining how the world mines Bitcoin.

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SpeedHash specializes in short-term, high-profit contracts—ideal for both cautious testers and high-volume investors. With contract durations from just 1 day and returns up to 8% daily, this platform delivers fast, transparent earnings. Here’s a snapshot of their 2025 offerings:

Investment	Duration	Daily ROI	Daily Earnings	Total Return
$200	1 Day	2.5%	$5	$205
$500	2 Days	2.8%	$14	$528
$1,300	3 Days	3.2%	$41.60	$1,424.80
$3,600	5 Days	3.6%	$129.60	$4,248
$12,800	2 Days	4.5%	$576	$13,952
$20,000	3 Days	5.0%	$1,000	$23,000
$33,000	1 Day	8.0%	$2,640	$35,640
$45,000	6 Days	5.5%	$2,475	$59,850
$60,000	1 Day	6.5%	$3,900	$63,900

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The Smart Way to Mine Bitcoin in 2025

Traditional mining requires expensive equipment, high energy costs, and technical expertise. SpeedHash eliminates all of that. With just a simple sign-up and internet access, anyone can mine BTC securely and effortlessly from home.

Conclusion: Profitability Meets Simplicity

As cloud mining gains momentum, SpeedHash continues to lead with unmatched transparency, fast returns, and a truly user-friendly experience. Named one of the most trusted Bitcoin mining platforms in 2025, SpeedHash is your gateway to building real, consistent crypto income—without any of the usual headaches.

Your mining journey starts now.
Register today to claim your $18 bonus and start earning Bitcoin from the comfort of your home.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involves risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The MIL Network –

April 16, 2025

MIL-OSI Security: Biddeford Man Sentenced for Child Exploitation Offense

Source: Office of United States Attorneys

PORTLAND, Maine: A Biddeford man was sentenced on Monday in U.S. District Court in Portland for possessing child sex abuse materials.

U.S. District Judge Nancy Torresen sentenced Jeffrey Gray, 63, to 10 years in prison to be followed by a lifetime of supervised release. Gray pleaded guilty on February 13, 2023.

According to court records, in September 2022, federal agents executed a search warrant at Gray’s residence following reports that he had shared child sexual abuse material over a peer-to-peer file sharing network. Investigators seized eight electronic devices, and based on material recovered from several of those devices, executed a second search warrant in November 2022, recovering three additional devices. A forensic examination of the devices revealed hundreds of child sexual abuse images. Gray has a previous conviction in Rockingham (New Hampshire) Superior Court in 2012 for aggravated felonious sexual assault.

Homeland Security Investigations and the Maine State Police investigated the case.

To report an incident involving the possession, distribution, receipt or production of child sexual abuse material: Child sexual abuse material – referred to in legal terms as “child pornography” – captures the sexual abuse and exploitation of children. These images document victims’ exploitation and abuse, and they suffer revictimization every time the images are viewed. In 2023, the National Center for Missing & Exploited Children (NCMEC) received 36 million reports of the possession, manufacture, or distribution of child sexual abuse materials. To file a report with NCMEC, go to https://report.cybertip.org or call 1-800-843-5678. If you are in Maine and you or someone you know has been sexually assaulted or abused, you can get help by calling the free, private 24-hour statewide sexual assault helpline at 1-800-871-7741.

Project Safe Childhood: This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and the Department’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, visit https://www.justice.gov/usao-me/psc.

###

MIL Security OSI –

April 16, 2025
MIL-OSI Security: Lorton man sentenced to 18 years in prison for sexually exploiting children on Snapchat

Source: Office of United States Attorneys

ALEXANDRIA, Va. – A Lorton man was sentenced today to 18 years in prison for sexually exploiting minor girls as young as nine years old and enticing them to create and send him sexually explicit images and videos of themselves on Snapchat.

According to court documents, between at least May 1, 2021, and May 8, 2024, Jose Alejandro Belmonte Cardozo, 31, used Snapchat to find minor girls and entice them to send him child sexual abuse material (CSAM). Belmonte Cardozo created different Snapchat accounts depending on the scheme he used to obtain CSAM from the minors.

For example, Belmonte Cardozo used a particular account to catfish two 15-year-old girls, convincing them that he was a teenage boy. He sent the minors pictures that he claimed depicted him, but which actually depicted a boy who appeared to be approximately 16 years old. Belmonte Cardozo persuaded the minors to send him CSAM, which he surreptitiously recorded on a second cell phone to avoid the in-app notification. He then saved the recordings to a password-protected hidden folder on his cell phone.

Belmonte Cardozo used a second account to convince other minors to send him CSAM in exchange for admission to a phony group chat he purported to administer. Once Belmonte Cardozo obtained CSAM from the minors, he enticed them to send him additional images and videos.

Belmonte Cardozo amassed more than 1,000 images and videos of children engaged in sexually explicit conduct on five different electronic devices. On May 8, 2024, he transported two cellphones containing approximately 600 sexually explicit images and videos of minors, into the United States at Dulles International Airport.

Erik S. Siebert, U.S. Attorney for the Eastern District of Virginia, and Christopher Heck, Acting Special Agent in Charge of Immigration and Customs Enforcement Homeland Security Investigations (ICE HSI) Washington, D.C., made the announcement after sentencing by U.S. District Judge Leonie M. Brinkema.

Assistant U.S. Attorneys Lauren Halper and Zoe Bedell prosecuted the case.

This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by U.S. Attorney’s Offices and the Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.justice.gov/psc.

A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia. Related court documents and information are located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case No. 1:24-cr-125.

MIL Security OSI –

April 16, 2025
MIL-OSI United Kingdom: Building contractor sentenced for £50,000 Covid loan fraud
Source: United Kingdom – Executive Government & Departments

Press release

Building contractor sentenced for £50,000 Covid loan fraud

Florin-Petrica Bodale, who was a sole trader operating as a building contractor, exaggerated his turnover to obtain the maximum Bounce Back Loan.
Florin-Petrica Bodale was a building contractor and sole trader, operating in Harrow.

He claimed his business had a turnover of more than £200,000 to claim the maximum Covid Bounce Back loan.

He was sentenced to 13-months imprisonment, suspended for 18 months, following a hearing at Snaresbrook Crown Court.

A building contractor who fraudulently claimed a £50,000 Covid Bounce Back loan has received a 13-month suspended sentence.

Florin-Petrica Bodale operated as a building contractor offering plumbing, heating and air-conditioning installation and was based in Harrow, London.

In November 2020, the 34-year-old successfully applied to a bank for a Covid Bounce Back loan of £50,000.

But an Insolvency Service investigation found that he had falsely claimed the company’s turnover was £240,000 to receive the maximum loan available.

In reality, the turnover of the company was around £22,000 – meaning he was only entitled to £5,500.

On 10 April 2025, at Snaresbrook Crown Court, Bodale was sentenced to 13-months imprisonment, suspended for 18 months, for one count of fraud by false representation.

He was also ordered to complete 250 hours of unpaid work.

Insolvency Service Chief Investigator David Snasdell said:

Florin-Petrica Bodale falsely claimed a much higher turnover for his business and the reality of this is a notable sentence on top of his earlier disqualification as a director.

These loans were intended to help keep small businesses afloat, not to take money from the public purse that businesses were not entitled to.

We will continue in our efforts to bring those who abuse this scheme to justice.

In 2022, before the criminal investigation, Bodale signed a ten-year bankruptcy restriction undertaking which also included a ten-year director disqualification following a civil investigation by the Insolvency Service.

The court noted that he had repaid some money as part of the bankruptcy process.

Measures were introduced during 2020 to support businesses affected by COVID-19 such as loans, grants and tax allowances. The Bounce Back loan scheme helped small and medium-sized businesses to borrow between £2,000 and £50,000, at a low interest rate, guaranteed by the Government.

The Bounce Back loans were made on the condition that they were not to be used for personal purposes, but could be used, for example, to purchase a company asset such as a vehicle, if it would provide an economic benefit to the business.

Further information:

Florin-Petrica Bodale’s last known address is Elmsleigh Avenue, Harrow. Date of birth: 26/06/1990

Read more about the Bounce Back Loan Scheme and the action the Insolvency Service can take if it finds misconduct.

The Insolvency Service can investigate complaints about corporate abuse by live companies. This may include serious misconduct, fraud, scams or dishonest practice in the way the company operates. Further information on our live investigations can be found here   

Further information about the work of the Insolvency Service, and how to complain about financial misconduct.

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Published 15 April 2025
MIL OSI United Kingdom –
April 16, 2025
MIL-OSI United Kingdom: Greengate Regeneration Strategy to deliver public realm and connectivity improvements moves forward
Source: City of Salford
Salford City Council agrees spend of £2,021,877.38 of Section 106 contributions towards delivery of public realm and open space improvements.

As the original historic core of Salford, Greengate has already seen the creation of Greengate Square and a large number of residential and commercial developments.

Detailed proposals for the northern edge of the Greengate neighbourhood will now be developed.
As the medieval heart of the city, plans to deliver Salford City Council’s vision for the Greengate area, focused on significant levels of development activity, have moved forward following the council’s Property & Regeneration Briefing on Monday 14 April.

At the meeting, Councillor Tracy Kelly, Deputy City Mayor approved the proposed expenditure of £2,021,877.38 of Section 106 contributions towards delivery of public realm and open space improvements within the Greengate Regeneration Strategy area.

The source of funding is Section 106 Contributions received from developments at:
- £1,259,780.16 from Greengate 1 (Section 106 Ref: 281 – 13/63524/FUL); and
- £762,097.22 from City Suites 1 and 2 (Section 106 Ref: 284 – 14/65048/FUL).
The project will deliver public realm and open space projects at the northern edge of the Greengate neighbourhood. If feasible, and following engagement with local community stakeholders, the plan would also consider the sensitive relocation of the existing War Memorial located at the junction of Trinity Way and Blackfriars Road. Adjacent to the existing War Memorial is a plaque to commemorate the location where the Manchester and Salford Trades Council was formed at a meeting at the Three Crowns pub on King Street in Greengate, Salford, on 9 November 1866. The plaque will be retained within the site.

This area has been the focus of significant development over recent years, with a number of schemes delivered. Investment in high quality new public realm in this area will improve visibility of and connections into the neighbourhood from communities to the north and ensure that the area is linked to the surrounding green and blue infrastructure and walking/cycling connections along the River Irwell and Trinity Way.

The council’s overarching vision for Greengate is to deliver a dynamic residential and commercial place with an exceptional public realm for both residents and visitors alike, building on the current strong brands within the area and developing exciting new opportunities.

From major developments to city parks, revitalised waterways and green spaces, the regeneration of Salford is continuing to drive the sustainable growth of the city. Recently, the council also approved the Irwell River Park Connectivity and Movement Strategy that will transform the 8km stretch of the River Irwell into a vibrant and accessible urban park and improve connections between Greengate and Irwell River Park as the projects progress at the same time.

Councillor Mike McCusker, Lead Member for Planning, Transport and Sustainable Development at Salford City Council said: “Salford is continuing its remarkable story of transformation as we create a fairer, greener, healthier and more inclusive city for all. As the original historic core of Salford with many historical assets, Greengate takes pride of place in our regeneration plans, which has already seen the creation of Greengate Square and a large number of residential and commercial developments that have been completed.

“Following the funding approval, we can now start to shape our plans further for Greengate, which will see us deliver more high-quality public realm and connectivity improvements across the area. I look forward to progressing our detailed proposals that will contribute to a diverse dynamic economy within Salford alongside a strong residential and cultural offer.”

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Date published

Tuesday 15 April 2025

Press and media enquiries
MIL OSI United Kingdom –
April 16, 2025
MIL-OSI: Caban Secures $50 Million to Accelerate Growth and Energy-as-a-Service Deployments

Source: GlobeNewswire (MIL-OSI)

PLANO, Texas, April 15, 2025 (GLOBE NEWSWIRE) — Caban (or the “Company”), a leader in alternative energy solutions for critical infrastructure, announced today that it has successfully raised $50 million in new equity funding from existing investors. This latest round fuels its continued expansion and the deployment of fully-financed Energy-as-a-Service (EaaS) projects under long-term contracts.

This investment will allow Caban to accelerate the delivery of its advanced energy solutions supporting critical infrastructure operators in their transition to sustainable, cost-effective power while enhancing reliability. The Company’s battery storage and energy management technologies provide reliable, clean energy while reducing both operating costs and environmental impact.

“This funding accelerates our mission to transform the energy landscape for essential infrastructure,” said Alexandra Rasch, CEO of Caban. “As demand for proven, resilient, and sustainable energy solutions continues to grow, we remain committed to delivering innovative, data-driven technologies that empower businesses while driving measurable environmental impact.”

Caban is actively deploying Energy-as-a-Service solutions for customers across Central and South America, the Caribbean and the United States. Through its Energy-as-a-Service offering, Caban designs, installs and operates clean energy infrastructure while the client pays a fixed energy and O&M fee. This offering is ideal for businesses that want to reduce their energy costs and carbon footprint without investing capital to own and manage these energy assets.

“Completing this equity raise alongside securing long-term debt financing marks a major strategic milestone for Caban,” said Ryan Bisch, Caban’s President and Chief Investment Officer. “Combined with several recently closed project finance facilities, this most recent capital raise reinforces the strength of our Energy-as-a-Service platform and showcases the deep confidence in our team’s ability to execute.”

Funds managed by Ember Infrastructure Management, LP (“Ember”), Caban’s majority shareholder, led the round. Based in New York, Ember is a private equity firm focused on investing in sustainable infrastructure solutions. Ember has $1.25 billion in assets under management.

“Caban has consistently demonstrated a strong ability to innovate and execute in the rapidly evolving energy sector,” said Elena Savostianova, Ember’s Managing Partner. “We are excited to support their next phase of growth as they continue to expand their Energy-as-a-Service project portfolio and deliver meaningful value to telecommunications industry customers that require dependable and sustainable power solutions.”

Caban’s proprietary lithium-ion battery packs and energy storage systems are designed to provide reliable primary power and backup power to critical infrastructure. The Company’s hardware and software solutions reduce fossil fuel consumption, maintenance visits, and overall operating costs while enhancing reliability. Caban designs, manufactures, and tests its energy management systems out of its primary manufacturing facility in Plano, Texas, offering customers a best-in-class, end-to-end energy management solution that is scalable, modular, and durable built for every environment.

Caban has experienced strong momentum in recent years, forging key partnerships and securing long-term contracts with some of the largest telecommunications companies in the world, including a recently announced new project with Digicel. Its solutions have been successfully deployed across 12 countries, enabling businesses to enhance their energy resilience while meeting ambitious sustainability goals. The investment will further propel Caban’s expansion and innovation efforts, reinforcing its position as a pioneer in renewable energy solutions for infrastructure assets and owners globally.

About Caban

Caban, founded in 2018, set out to tackle the challenge of decarbonizing the most fossil fuel-dependent industries. Initially focused on providing alternative energy solutions for the telecommunications industry in the Americas, the company has demonstrated success in supplying energy to several of the world’s largest telecom operators. Building on this momentum, Caban has scaled globally and expanded its reach to support clean energy needs across critical infrastructure sectors worldwide.

Caban uniquely combines service, hardware, software, and finance to deliver reliable, clean power and boosts your bottom line. This turnkey approach allows clients to work directly with one trusted partner to achieve reliability and decarbonization across their operations.

For more information, visit www.cabanenergy.com.

Media Contact:
Jackie Castillo
info@cabanenergy.com
305-989-2861

The MIL Network –

April 16, 2025
MIL-OSI Africa: Nigeria’s Cross River State second to commence construction of its Special Agro-Industrial Processing Zone

Source: Africa Press Organisation – English (2) – Report:

CALABAR, Nigeria, April 15, 2025/APO Group/ —

Nigeria’s Cross River State became the second to mark construction of a Special Agro-Industrial Processing Zone after the country’s Vice President Kashim Shettima and African Development Bank (www.AfDB.org) President Dr. Akinwumi Adesina broke ground at the project site on Thursday 10 April.

The SAPZ aims to tackle food insecurity, enhance local production, and position Nigeria as a food export leader by leveraging Cross River’s ports and research assets to boost global trade, reduce food imports, and drive prosperity through the agro-industrialization of crops like cocoa and cassava.

The groundbreaking in Cross River follows that of Kaduna (http://apo-opa.co/42Mquvu) which took place few days earlier. Six other states – Kano, Kwara, Imo, Ogun, Oyo, and the Federal Capital Territory – are included in Phase 1 of the $538 million SAPZ program, with plans to expand to the remaining 28 states this year pending the African Development Bank’s Executive Board approval for Phase 2 funding.

Shettima emphasized the project’s priority and need for national collaboration: “The SAPZ program has been recognized as a national priority for food security in Nigeria.” He noted, “There is no better time than now for the federal and state governments, development partners, the private sector, and our communities to work hand in hand to ensure the success of the SAPZ project.”

Adesina celebrated the milestone, saying, “Today is a big day for Nigeria,” and added, “The Special Agro-Industrial Processing Zones is bringing good news to Nigeria, State Governments and Local Governments. Good news to farmers, agribusinesses, and all rural areas of Nigeria. Good news of jobs, wealth, and prosperity with agriculture as a business.

“With the abundant arable land, cheap labor and vast agro-ecological areas, Nigeria should not be importing food,” said Adesina who was accompanied by his wife Grace Yemisi Adesina.

The Bank Group president highlighted Cross River’s export potential: “Bakasi deep seaport will turn the state into a logistics hub in Nigeria and the Gulf of Guinea, enabling trade with Cameroon, Equatorial Guinea, and Guinea Bissau.”

The 130-hectare Agro-Industrial Hub in Adiabo will leverage the Calabar Sea Port, Bakassi Deep Sea Port, a 23 kVA power plant in Tinapa, and a 630 kVA Calabar Power Plant. Its Agricultural Transformation Centre, supported by the Cocoa Research Institute of Nigeria and the University of Calabar, lies less than 45 minutes from Ikom, Etung, and Boki, boosting cocoa production for global markets.

Governor Bassey Otu outlined the state’s vision, saying, “For us in Cross River State, the establishment of clusters of smallholder farmers focused on staple and cash crops such as rice, cassava, millet, cocoa, and oil palm is a vital step toward agro-industrialization.”

“These initiatives are aimed at strengthening food security, diversifying our state’s economy toward export-oriented agriculture, and boosting our GDP,” added Governor Otu, saying the state should expect to see a big difference in two years.

The African Development Bank Group is investing $210 million, including $50 million from its Africa Growing Together Fund. The Islamic Development Bank is contributing $150 million, the International Fund for Agricultural Development is contributing $100 million, the Green Climate Fund is contributing $60 million, and the government is contributing $18 million.

Speaking during the occasion, the International Fund for Agricultural Development’s Country Director, Dede Ekoue, noted that the SAPZ will build on the Livelihood Improvement Family Enterprises in the Niger Delta (LIFE-ND) project which has empowered 26,000 youth and women agripreneurs in the Niger Delta, including 4,000 in Cross River, with plans to scale to 100,000 by 2028.

The Minister of Agriculture and Food Security, Abubakar Kyari, said, “The SAPZ program is a powerful catalyst for economic growth and import substitution. By investing in agro-processing development, we are investing in the future of our communities.”

The African Development Bank Group has committed $934 million to SAPZs in 11 African countries. The 2024 Africa Investment Forum (http://apo-opa.co/42eqx33), held in Morocco, recorded $2.2 billion in investor interest for 28 Nigerian states, which make up the second phase of the project.

Adesina explained that with the Special Agro-Industrial Processing Zones, Nigeria will reduce food imports, conserve foreign exchange, expand local production and processing of food and agricultural commodities, strengthen the Naira, and attract significant private investment into the development of agricultural value chains.

The Special Agro-Industrial Processing Zones will also revive and transform rural economies and create millions of jobs.

Adesina was accompanied by the African Development Bank Vice President for Agriculture, Human and Social Development Dr Beth Dunford, the Director General for Nigeria Dr Abdul Kamara, Prof Oyebanji Oyelaran-Oyeyinka, Senior Special Adviser on Industrialisation, Director Richard Ofori-Mante, Director of the Agricultural Finance and Rural Development Department, and Dr Yusuf Kabir, National Coordinator for SAPZ, Nigeria.

MIL OSI Africa –

April 16, 2025
MIL-OSI Africa: Critical Minerals Africa Group (CMAG) Appoints APO Group Founder, Nicolas Pompigne-Mognard, to Advisory Board

Source: Africa Press Organisation – English (2) – Report:

JOHANNESBURG, South Africa, April 15, 2025/APO Group/ —

APO Group (www.APO-opa.com), the award-winning pan-African communications consultancy and leading press release distribution service, is pleased to announce that its Founder and Chairman, Nicolas Pompigne-Mognard (www.Pompigne-Mognard.com), has been appointed to the newly formed Advisory Board of the Critical Minerals Africa Group (CMAG).

With its mission being to position Africa as a leader in critical minerals, CMAG (www.CMAGAfrica.com) is dedicated to advancing responsible sourcing and sustainable development of Africa’s critical mineral resources, while ensuring that local economies benefit from the continent’s mineral wealth. With approximately 40% of the world’s essential minerals reserves estimated to be held in Sub-Saharan Africa alone, the region plays a key role in the global energy transition and advanced technologies.

Pompigne-Mognard’s appointment to the Advisory Board follows the announcement of a strategic partnership between APO Group and CMAG aimed at raising the global prominence of Africa’s critical minerals sector. The partnership leverages APO Group’s public relations and strategic communications expertise and CMAG’s industry leadership. Complementing this, Pompigne-Mognard’s ability to connect clients with key stakeholders from governments, private companies, and organisations of all sizes will be invaluable in showcasing Africa’s role in the global essential resources supply chain and elevating the profile of Africa’s critical minerals sector.

Nicolas Pompigne-Mognard brings a wealth of experience and expertise to the CMAG Advisory Board. His vast network across industries, governments, and institutions, his deep understanding of Africa’s media and technology landscapes, and his extensive business experience will equip him to work alongside fellow Advisory Board members to shape positive perceptions of Africa’s critical minerals sector amongst global stakeholders and audiences.

A Franco-Gabonese entrepreneur named among the 100 Most Influential Africans in 2023 and 2024, Nicolas Pompigne-Mognard serves on multiple high-profile advisory boards and international committees. These include the Senior Advisory Board of the Canada-Africa Chamber of Business and the Leadership Council of the Africa Tech Festival, as well as the Advisory Boards of the African Energy Chamber, World Football Summit, Africa Hotel Investment Forum (AHIF), Bloomberg New Economy Gateway Africa, Sports Africa Investment Summit, EurAfrican Forum, and All Africa Music Awards (AFRIMA). He is also a strategic advisor to the Chief Executive Officer of the Royal African Society of the United Kingdom, a strategic advisor to the EU-Africa Chamber of Commerce, and a special advisor to the President of Rugby Africa, the governing body of rugby in Africa.

Nicolas’ wholly-owned company, APO Group, is the premier award-winning Pan-African communications consultancy and press release distribution service. It serves more than 300 clients, including global giants such as Canon, Nestlé, Western Union, UNDP, Network International, the African Energy Chamber, Mercy Ships, Marriott, Africa’s Business Heroes, and Liquid Intelligent Technologies.

“Being appointed to the Critical Minerals Africa Group Advisory Board is an immense honour. CMAG is vital in safeguarding Africa’s critical minerals for future generations. In my advisory role, I look forward to supporting all initiatives as CMAG showcases Africa’s critical minerals potential in a responsible and sustainable manner,” said Nicolas Pompigne-Mognard, Founder and Chairman of APO Group.

Other members of the Advisory Board include Natznet Tesfay, Executive Director, Head of Insights and Analytics, S&P Global, and Richard Morgan, Former Head of Government Relations, Anglo-American PLC.

MIL OSI Africa –

April 16, 2025

Category: Finance

Building contractor sentenced for £50,000 Covid loan fraud

Further information:

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