Category: Finance

MIL-OSI: Marex Group plc provides preliminary Q1 results range and hosts Investor Day in New York

Source: GlobeNewswire (MIL-OSI)

NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Marex Group plc (Nasdaq: MRX) (‘Marex’), the diversified global financial services platform, provides a Q1 trading update at its Investor Day, being held today at the Nasdaq Marketsite in New York City.

Marex reports a strong start to the year with positive momentum and supportive market conditions continuing through the first quarter of 2025. Client activity has remained strong across the platform with high levels of exchange volumes driven by volatility. Agency and Execution has benefited from strong performance in the Prime Services business and continued progress in the Energy business.

As a result, first quarter 2025 revenues are expected to be in a range of $449.3 to $464.3 million (Q1 2024: $365.8 million) and Adjusted Profit Before Tax² in a range of $92.3 to $97.3 million (Q1 2024: $67.7 million).

Ian Lowitt, CEO, stated: “Very robust levels of client activity across our businesses and positive market conditions have continued into 2025 and led to a strong performance in the first quarter of the year, building on our performance in 2024. These benefits more than outweighed the impact of lower net interest income partly arising from the interest rate environment, compared to the fourth quarter of 2024. This demonstrates the successful execution of our strategy to diversify our business and deliver sustainable growth through a variety of market conditions by expanding our geographic footprint and product capabilities, increasing our relevance to a growing client base.”

Preliminary Q1 2025 results range

We have not yet completed our closing procedures for the three months ended March 31, 2025. The table below are certain estimated preliminary unaudited financial results for the three months ended March 31, 2025:

	3 Months ended March 31, 2025¹		3 Months ended March 31, 2024
Unaudited ($m)	Estimated Low	Estimated High	Actuals
Revenue	449.3	464.3	365.8
Reported Profit Before Tax	94.4	102.1	58.9
Tax	24.5	26.5	15.3
Reported Profit After Tax	69.9	75.6	43.6
Adjusted Profit Before Tax²	92.3	97.3	67.7

Profit After Tax Margin	16%	16%	12%
Adjusted Profit Before Tax Margin²	21%	21%	19%

Basic Earnings per Share ($)³	0.94	1.02	0.60
Diluted Earnings per Share ($)³	0.88	0.96	0.56
Adjusted Basic Earnings per Share ($)^2,3	0.94	0.99	0.74
Adjusted Diluted Earnings per Share ($)²^,3	0.88	0.93	0.69

Figures reflect certain estimated preliminary unaudited financial results for the three months ended March 31, 2025. Estimates represent results that are preliminary and subject to change. Actual results will not be finalized until after we complete our normal quarter-end accounting procedures, including the execution of our internal control over financial reporting. These estimates reflect our management’s best estimate of the impact of events during this quarter.
These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such IFRS measure to its most directly comparable non-IFRS measure.
Weighted average number of shares have been restated as applicable for the Group’s reverse share split (refer to Appendix 1 for further detail).

Investor Day

Marex is hosting an Investor Day today, April 2, 2025 starting at 9:30am E.T. The event will feature presentations from Marex’s business heads, to provide a greater understanding of Marex’s operations and growth strategy, as well as a question and answer session with senior leadership including Ian Lowitt, CEO, Rob Irvin, CFO and Paolo Tonucci, Chief Strategist and CEO Capital Markets.

An audio livestream of the event will be available under the ‘events and presentations’ section on ir.marex.com. The webcast will also be available for replay, after the completion of the event.

https://edge.media-server.com/mmc/p/qbimzrae/

About Marex Group:

Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The Group provides comprehensive breadth and depth of coverage across four core services: Clearing, Agency and Execution, Market Making and Hedging and Investment Solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. Headquartered in London with more than 40 offices worldwide, the Group has over 2,300 employees across Europe, Asia and the Americas. For more information visit www.marex.com.

Enquiries please contact:

Marex

Investors – Robert Coates
+44 7880 486 329 / rcoates@marex.com

Media – Nicola Ratchford, Marex / FTI Consulting US / UK
+ 44 7786 548 889 / nratchford@marex.com / +1 919 609 9423 / +44 7776 111 222 | marex@fticonsulting.com

Forward Looking Statements

This press release contains forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including expected outlook regarding Q1 2025 financial results. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions.

These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation: subdued commodity market activity or pricing levels; the effects of geopolitical events, terrorism and wars, such as the effect of Russia’s military action in Ukraine or the on-going conflicts in the Middle East, on market volatility, global macroeconomic conditions and commodity prices; changes in interest rate levels; the risk of our clients and their related financial institutions defaulting on their obligations to us; regulatory, reputational and financial risks as a result of our international operations; software or systems failure, loss or disruption of data or data security failures; an inability to adequately hedge our positions and limitations on our ability to modify contracts and the contractual protections that may be available to us in OTC derivatives transactions; market volatility, reputational risk and regulatory uncertainty related to commodity markets, equities, fixed income, foreign exchange; the impact of climate change and the transition to a lower carbon economy on supply chains and the size of the market for certain of our energy products; the impact of changes in judgments, estimates and assumptions made by management in the application of our accounting policies on our reported financial condition and results of operations; lack of sufficient financial liquidity; if we fail to comply with applicable law and regulation, we may be subject to enforcement or other action, forced to cease providing certain services or obliged to change the scope or nature of our operations; significant costs, including adverse impacts on our business, financial condition and results of operations, and expenses associated with compliance with relevant regulations; and if we fail to remediate the material weaknesses we identified in our internal control over financial reporting or prevent material weaknesses in the future, the accuracy and timing of our financial statements may be impacted, which could result in material misstatements in our financial statements or failure to meet our reporting obligations and subject us to potential delisting, regulatory investments or civil or criminal sanctions, and other risks discussed under the caption “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 filed with the Securities and Exchange Commission (the “SEC”) and our other reports filed with the SEC.

The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

Appendix 1

Non-IFRS Financial Measures and Key Performance Indicators

In addition to our results determined in accordance with IFRS Accounting Standards (IFRS), we believe the following non-IFRS measures provide useful information both to management and investors in measuring our financial performance for the reasons outlined below. These measures may not be comparable to similarly titled measures presented by other companies, and they should not be construed as an alternative to other financial measures determined in accordance with IFRS. The Group changed the labelling of its non-IFRS measures during 2024 to simplify the naming to better align to the equivalent IFRS reported metric for better understanding and communication and enhance transparency and comparability.

Adjusted Profit Before Tax (formerly labelled Adjusted Operating Profit)

We define Adjusted Profit Before Tax as profit after tax adjusted for (i) taxation charge (ii) acquisition costs, (iii) bargain purchase gains, (iv) owner fees, (v) amortisation of acquired brands and customer lists, (vi) activities in relation to shareholders, and (vii) IPO preparation costs. Items (i) to (vii) are referred to as “Adjusting Items.” Adjusted Profit Before Tax is an important measure used by our management to evaluate and understand our underlying operations and business trends, forecast future results and determine future capital investment allocations. Adjusted Profit Before Tax is the measure used by our executive board to assess the financial performance of our business in relation to our trading performance and hence it is our segments performance measure presented under IFRS Accounting Standards. Adjusted Profit Before Tax is also presented on a consolidated basis because our management believes it is important to consider our profitability on a basis consistent with that of our operating segments. When presented on a consolidated basis, Adjusted Profit Before Tax is a non-IFRS measure. The most directly comparable IFRS measure is profit after tax.

Adjusted Profit Before Tax Margin (formerly labelled Adjusted Operating Profit Margin)

We define Adjusted Profit Before Tax Margin as Adjusted Profit Before Tax (as defined above) divided by revenue. We believe that Adjusted Profit Before Tax Margin is a useful measure as it allows management to assess the profitability of our business in relation to revenue. The most directly comparable IFRS Accounting Standards measure is profit margin, which is profit after tax divided by revenue.

Adjusted Profit After Tax Attributable to Common Equity (formerly labelled Adjusted Operating Profit after Tax Attributable to Common Equity)

We define Adjusted Profit After Tax Attributable to Common Equity as profit after tax adjusted for the items outlined in the Adjusted Profit Before Tax paragraph above. Additionally, Adjusted Profit After Tax Attributable to Common Equity is also adjusted for (i) tax and the tax effect of the Adjusting Items to calculate Adjusted Profit Before Tax and (ii) profit attributable to AT1 note holders, which is the coupons on the AT1 issuance and accounted for as dividends adjusted for the tax benefit of the coupons. Common equity is a non-IFRS measure and we define Common Equity as being the equity belonging to the holders of the Group’s share capital.

Adjusted Basic Earnings per Share and Adjusted Diluted Earnings per Share

Adjusted Basic Earnings per Share is defined as the Adjusted Profit After Tax Attributable to Common Equity for the period divided by weighted average number of ordinary shares for the period. We believe Adjusted Basic Earnings per Share is a useful measure as it allows management to assess the profitability of our business per share. The most directly comparable IFRS metric is basic earnings per share. This metric has been designed to highlight the Adjusted Profit After Tax Attributable to Common Equity over the available share capital of the Group. Adjusted Diluted Earnings per Share is defined as the Adjusted Profit After Tax Attributable to Common Equity for the period divided by the diluted weighted average shares for the period. We believe Adjusted Diluted Earnings per Share is a useful measure as it allows management to assess the profitability of our business per share on a diluted basis. Dilution is calculated in the same way as it has been for diluted earnings per share. The most directly comparable IFRS metric is diluted earnings per share.

Reconciliation

The following table reconciles: (1) Adjusted Profit Before Tax and Adjusted Profit after Tax Attributable to Common Equity from the most directly comparable IFRS Accounting Standards measure, which is profit after tax, (2) Adjusted Profit Before Tax Margin from the most directly comparable IFRS Accounting Standards measure, which is profit margin (which is profit after tax divided by revenue), (3) Adjusted Basic Earnings per Share from the most directly comparable IFRS measure, which is basic earnings per share, and (4) Adjusted Diluted Earnings per Share from the most directly comparable IFRS measure, which is diluted earnings per share, in each case, for the periods presented below.

Reconciliation of Non-IFRS Financial Measures and Key Performance Indicators:

	3 months ended March 31, 2025	3 months ended March 31, 2025	3 months ended March 31, 2024
	Estimated Low	Estimated High	Actuals
	$m	$m	$m
Profit After Tax	69.9	75.6	43.6
Taxation charge	24.5	26.5	15.3
Profit Before Tax	94.4	102.1	58.9
Bargain purchase gains¹	(3.4)	(6.1)	—
Acquisition costs²	—	—	0.2
Amortisation of acquired brands and customer lists³	1.3	1.3	0.8
Activities relating to shareholders⁴	—	—	2.4
Owner fees⁵	—	—	1.7
IPO preparation costs⁶	—	—	3.7
Adjusted Profit Before Tax	92.3	97.3	67.7
Tax and the tax effect on the Adjusting Items⁷	(22.8)	(24.1)	(15.5)
Profit attributable to AT1 note holders⁸	(3.3)	(3.3)	(3.3)
Adjusted Profit after Tax Attributable to Common Equity	66.2	69.9	48.9

Profit After Tax Margin	16%	16%	12%
Adjusted Profit Before Tax Margin⁹	21%	21%	19%

Basic Earnings per Share ($)¹⁰	0.94	1.02	0.60
Diluted Earnings per Share ($)¹¹	0.88	0.96	0.56

Adjusted Basic Earnings per Share($)¹⁰	0.94	0.99	0.74
Adjusted Diluted Earnings per Share ($)¹¹	0.88	0.93	0.69

A bargain purchase gain is expected to be recognised as a result of the Group’s acquisition of Darton Group Limited.
Acquisition costs are costs, such as legal fees incurred in relation to the business acquisitions.
This represents the amortisation charge for the period of acquired brands and customers lists.
Activities in relation to shareholders primarily consist of dividend-like contributions made to participants within certain of our share-based payments schemes.
Owner fees relate to management services fees paid to parties associated with the ultimate controlling party based on a percentage of our EBITDA in each year, presented in the income statement within other expenses.
IPO preparation costs related to consulting, legal and audit fees, presented in the income statement within other expenses.
Tax and the tax effect on the Adjusting Items represents the tax for the period and the tax effect of the other Adjusting Items removed from Profit After Tax to calculate Adjusted Profit Before Tax. The tax effect of the other Adjusting Items was calculated at the Group’s effective tax rate for the respective period.
Profit attributable to AT1 note holders are the coupons on the AT1 issuance, which are accounted for as dividends.
Adjusted Profit Before Tax Margin is calculated by dividing Adjusted Profit Before Tax (as defined above) divided by revenue for the period.
The weighted average numbers of shares used in the calculation for the three months ended March 31, 2025 range estimates and three months ended March 31, 2024 actuals were 70,541,771 and 65,683,374 respectively. Weighted average number of shares have been restated as applicable for the Group’s reverse share split.
The weighted average numbers of diluted shares used in the calculation for the three months ended March 31, 2025 range estimates and three months ended March 31, 2024 actuals were 74,942,291 and 70,383,309 respectively. Weighted average number of shares have been restated as applicable for the Group’s reverse share split.

The MIL Network –

April 3, 2025

MIL-OSI: Defiance Launches $GLDY, Gold Enhanced Options Income ETF

Source: GlobeNewswire (MIL-OSI)

MIAMI, April 02, 2025 (GLOBE NEWSWIRE) — Defiance ETFs is proud to announce the launch of GLDY, the Defiance Gold Enhanced Options Income ETF. GLDY offers investors a new opportunity to seek current income while gaining indirect exposure to the price movements of physical gold bullion.

“We’re excited to introduce GLDY,” said Sylvia Jablonski, CEO of Defiance ETFs. “With GLDY, investors can access enhanced income potential tied to the price of gold—a historically resilient asset in times of economic uncertainty. As central banks continue to manage inflation and global instability persists, gold may remain a sought-after safe haven.”

GLDY is an actively managed ETF designed to provide income while maintaining indirect exposure to the share price performance of GLD, which seeks to track the price of physical gold bullion.

The Fund’s strategy focuses on having the ability to make monthly distributions through generating income throughout each week by regularly selling put options. Simultaneously, it aims to provide an “enhanced” yield compared to traditional option-based strategies by frequently selling short-term options, typically with a duration of less than a week.

An Investment in the Fund is not an investment in GLD, nor in gold bullion. ● The Fund’s strategy will cap its potential options income gains if GLD shares increase in value. ● The Fund’s strategy is subject to all potential losses if GLD shares decline, which may not be offset by income received by the Fund. ● The Fund does not invest directly in GLD shares. ● The Fund does not invest directly in gold bullion. ● Fund shareholders are not entitled to any dividends paid by GLD.

There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment.

About Defiance ETFs
Founded in 2018, Defiance is at the forefront of ETF innovation. Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs.

Important Disclosures

GLDY Disclosure: Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).

Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.

The Funds’ investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company. Please read carefully before investing. A hard copy of the prospectuses can be requested by calling 833.333.9383.

GLD is an exchange-traded product (“ETP”) that generally seeks to replicate the performance of the price of gold bullion. GLD is not subject to the protections of the1940 Act; however, the Fund and its shareholders are subject to the protections of the 1940 Act.

Investing involves risk. Principal loss is possible. As an ETF, the funds may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs and ETPs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members. If the Fund cannot find a clearing member to transact with on the Fund’s behalf, the Fund may be unable to effectively implement its investment strategy.

GLD Risk. The Fund invests in options contracts that are based on the value of GLD. This subjects the Fund to certain of the same risks as if it owned shares of GLD, even though it does not. By virtue of the Fund’s investments in options contracts that are based on the value of GLD, the Fund may also be subject to the following risks:
GLD Trading Risk. An investment in GLD is subject to substantial risks, in particular risks associated with investing in the gold market. GLD is subject to market fluctuations influenced by large-scale gold sales, especially during economic crises, which can adversely impact gold prices and, in turn, the investment value of the Shares.
Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of in-the-money put option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the Underlying ETP over the Call Period (typically, one week, but may range from one day to a month). This means that if the Underlying ETP experiences an increase in value above the strike price of the sold put options during a Call Period, the Fund will likely not experience that increase to the same extent and may significantly underperform the Underlying ETP over the Call Period.

Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund. As a result, a decline in the value of an investment in a single issuer or a smaller number of issuers could cause the Fund’s overall value to decline to a greater degree than if the Fund held a more diversified portfolio. This may increase the Fund’s volatility and cause the performance of a relatively smaller number of issuers to have a greater impact on the Fund’s performance.

None of the Fund, the Trust, the Adviser, the Sub-Adviser, or their respective affiliates makes any representation to you as to the performance of the Index. THE FUND, TRUST, ADVISER, AND SUB-ADVISER ARE NOT AFFILIATED WITH, NOR ENDORSED BY, THE INDEX.

New Fund Risk: The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

No 1940 Act Protections: The Underlying ETP is not an investment company subject to the 1940 Act. Accordingly, investors in the Underlying ETP do not have the protections expressly provided by that statute.

An Investment in the Fund is not an investment in GLD, nor in gold bullion.

Diversification does not ensure a profit nor protect against loss in a declining market.

Commissions may be charged on trades.

Distributed by Foreside Fund Services, LLC.

David Hanono
info@defianceetfs.com
833.333.9383

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc837cb4-3fe0-4e7a-9928-d88f19d2e1a6

The MIL Network –

April 3, 2025
MIL-OSI United Kingdom: Getting the basics right for transport and environment in the Capital

Source: Scotland – City of Edinburgh

Transport and Environment Convener, Councillor Stephen Jenkinson.

Writing in today’s Evening News, Transport and Environment Convener Stephen Jenkinson looks ahead to another busy Transport and Environment Committee meeting tomorrow.

In my time as an elected member the concern which comes up time and again in my conversations with residents is our roads. We’ve been told in no uncertain terms that the people of Edinburgh want continued work and investment in our network and that’s what I’m committed to delivering. Road safety also goes hand in hand with road condition and investment, better maintained roads equal safer roads.

We have two important reports to consider at Committee which address these key issues. Our Road Safety Delivery Plan combined with our Roads and Infrastructure Investment -Capital Delivery Priorities will see over £30m invested across our city in the next financial year. These works cover everything from major projects like the Dalmahoy Junction, through to carriageway resurfacing and maintaining our pavements, speed reduction measures, accident and investigation prevention, safer travel around our schools and much more.

For roads, pavement and paths improvements, this is an area we’ve committed extra funding to in successive budgets, with £11m in 2023/24, £12.5m in 2024/25 and £12.5m this year. As a result, last year, we saw a record 460,000m² of carriageways receiving treatment and I’m hopeful we’ll see similar results this year. We’ll also be looking to build on our promising Road Condition Indicator (RCI) score, which saw a record positive shift last year.

This is far from the only area we are making significant investments. In February I was lucky enough to visit Bankhead Depot to meet colleagues and see our new fleet of Heavy Goods Vehicles (HGV) with enhanced safety features. We’ve invested over £25m in these HGVs along with our welfare buses for pupils with Additional Support Needs (ASN) and I’m confident that we now have the most advanced local authority fleet in Scotland when it comes to safety features. Our residents can take comfort in the fact that safety is at the heart of delivering our core services.

Another important project which we’ll hear about at Committee is the King’s Theatre Public Realm Improvements which intersects with the Meadows to Union Canal active travel project. Working collaboratively with the King’s Theatre refurbishment team, our aim is to incorporate a new walking, wheeling and cycling route that aligns with existing plans that were in development to avoid the need for future works to be carried out. From enhancing accessibility through step free access, increasing pavement areas for those walking and wheeling, and introducing contraflow cycling arrangements, there are a host of positive proposals which have now been shared with Tollcross Community Council, ward councillors and other project stakeholders. This is an excellent example of working together with a large-scale development to create the best outcome for the people of our city.

Finally, there was some welcome news last week which saw the roads on North Bridge reopening slightly ahead of schedule, with footways to fully reopen later in the year. This temporary closure to northbound traffic was due to essential resurfacing works which began in February. We’re now getting towards the final phase of the project which is hugely promising for the city.

I’m aware there is much still to be done, however I’m confident that we’re on the right track for delivering the changes which our city deserves.

Published: April 2nd 2025

MIL OSI United Kingdom –

April 3, 2025

MIL-OSI: YieldMax™ ETFs Announces Distributions on FIAT (127.21%), CVNY (100.49%), ULTY (77.62%), CONY (73.33%), YMAX (68.44%) and Others

Source: GlobeNewswire (MIL-OSI)

CHICAGO and MILWAUKEE and NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below.

ETF Ticker¹	ETF Name	Distribution Frequency	Distribution per Share	Distribution Rate^2,4	30-Day SEC Yield³	ROC⁵	Ex-Date & Record Date	Payment Date
GPTY	YieldMax™ AI & Tech Portfolio Option Income ETF	*Weekly*	$0.2668	34.84%	0.00%	100.00%	4/3/25	4/4/25
LFGY	YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF	*Weekly*	$0.4189	60.57%	0.00%	100.00%	4/3/25	4/4/25
QDTY	YieldMax™ Nasdaq 100 0DTE Covered Call ETF	*Weekly*	$0.2638	31.00%	0.00%	37.26%	4/3/25	4/4/25
RDTY	YieldMax™ R2000 0DTE Covered Call ETF	*Weekly*	$0.3351	36.44%	0.00%	78.96%	4/3/25	4/4/25
SDTY	YieldMax™ S&P 500 0DTE Covered Call ETF	*Weekly*	$0.2723	31.10%	0.00%	65.95%	4/3/25	4/4/25
ULTY	YieldMax™ Ultra Option Income Strategy ETF	*Weekly*	$0.0916	77.62%	2.21%	97.00%	4/3/25	4/4/25
YMAG	YieldMax™ Magnificent 7 Fund of Option Income ETFs	*Weekly*	$0.0971	33.26%	69.89%	28.54%	4/3/25	4/4/25
YMAX	YieldMax™ Universe Fund of Option Income ETFs	*Weekly*	$0.1781	68.44%	96.57%	0.00%	4/3/25	4/4/25
ABNY	YieldMax™ ABNB Option Income Strategy ETF	Every 4 Weeks	$0.3665	37.87%	3.62%	0.00%	4/3/25	4/4/25
AMDY	YieldMax™ AMD Option Income Strategy ETF	Every 4 Weeks	$0.2765	45.13%	2.97%	93.13%	4/3/25	4/4/25
CONY	YieldMax™ COIN Option Income Strategy ETF	Every 4 Weeks	$0.4381	73.33%	4.42%	94.62%	4/3/25	4/4/25
CVNY	YieldMax™ CVNA Option Income Strategy ETF	Every 4 Weeks	$2.9684	100.49%	2.44%	99.08%	4/3/25	4/4/25
FIAT	YieldMax™ Short COIN Option Income Strategy ETF	Every 4 Weeks	$0.9240	127.21%	1.73%	98.90%	4/3/25	4/4/25
MSFO	YieldMax™ MSFT Option Income Strategy ETF	Every 4 Weeks	$0.3337	27.09%	3.75%	0.00%	4/3/25	4/4/25
NFLY	YieldMax™ NFLX Option Income Strategy ETF	Every 4 Weeks	$0.6020	46.77%	3.58%	59.10%	4/3/25	4/4/25
PYPY	YieldMax™ PYPL Option Income Strategy ETF	Every 4 Weeks	$0.3521	34.34%	4.19%	0.00%	4/3/25	4/4/25
Weekly Payers & Group D ETFs scheduled for next week: GPTY LFGY QDTY RDTY SDTY ULTY YMAG YMAX AIYY AMZY APLY DISO MSTY SMCY XYZY YQQQ

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”

Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

¹	All YieldMax™ ETFs shown in the table above (except *YMAX, YMAG, FEAT, FIVY* and *ULTY*) have a gross expense ratio of 0.99%. *YMAX, YMAG* and *FEAT* have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. *FIVY* has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. *ULTY* has a gross expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026.
²	The Distribution Rate shown is as of close on *April* 1, *2025. The* Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, *which includes option income*, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.
³	The 30-Day SEC Yield represents net investment income, *which excludes* *option* *income, earned by such ETF over the 30-Day period ended* *March 31, 2025*, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.
⁴	Each ETF’s strategy (*except those of the Short ETFs*) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each *Short ETF’s* strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.
⁵	ROC refers to Return of Capital. The ROC percentage is the portion of the distribution that represents an investor’s original investment.

Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

Standardized Performance

For YMAX, click here. For YMAG, click here. For TSLY, click here. For OARK, click here. For APLY, click here. For NVDY, click here. For AMZY, click here. For FBY, click here. For GOOY, click here. For NFLY, click here. For CONY, click here. For MSFO, click here. For DISO, click here. For XOMO, click here. For JPMO, click here. For AMDY, click here. For PYPY, click here. For XYZY, click here. For MRNY, click here. For AIYY, click here. For MSTY, click here. For ULTY, click here. For YBIT, click here. For CRSH, click here. For GDXY, click here. For SNOY, click here. For ABNY, click here. For FIAT, click here. For DIPS, click here. For BABO, click here. For YQQQ, click here. For TSMY, click here. For SMCY, click here. For PLTY, click here. For BIGY, click here. For SOXY, click here. For MARO, click here. For FEAT, click here. For FIVY, click here. For LFGY, click here. For GPTY, click here. For CVNY, click here. For SDTY, click here. For QDTY, click here. For WNTR, click here.

Important Information

This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

Tidal Financial Group is the adviser for all YieldMax™ ETFs.

THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

Investing involves risk. Principal loss is possible.

Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.

Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

Risk Disclosures (applicable only to GPTY)

Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory, and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

Risk Disclosure (applicable only to MARO)

Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

Risk Disclosures (applicable only to BABO and TSMY)

Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting, and investor protection standards than U.S. issuers.

Risk Disclosures (applicable only to GDXY)

Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

Risk Disclosures (applicable only to YBIT)

YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

Risk Disclosures (applicable only to the Short ETFs)

Investing involves risk. Principal loss is possible.

Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

Risk Disclosures (applicable only to YQQQ)

Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax™ ETFs.

The MIL Network –

April 3, 2025

MIL-OSI: RYVYL EU Payments-as-a-Service Contracts Rapidly Onboarding New Accounts
Source: GlobeNewswire (MIL-OSI)

– Onboarded over 10,000 accounts; averaging 1,000 new accounts per day with first digital banking partner –

– Second digital bank has completed API integrations and expects to begin onboarding mid-April –

SAN DIEGO, CA, April 02, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology for the diverse international markets, is rapidly onboarding new accounts with its two recently announced digital banking partners at RYVYL EU – Mar. 20, 2025 – RYVYL Secures Major Payments-as-a-Service Contracts.

Under the first contract, a fast-growing financial services provider is leveraging RYVYL EU’s infrastructure to issue digital and physical payment accounts. So far:
- Over 10,000 accounts have been successfully opened;
- Onboarding is currently averaging 1,000 new accounts per day; and
- More than €10 million in transaction volume has been processed.
This contract is on track to exceed 50,000+ active accounts in 2025.

The second contract, with a fully digital banking platform, has completed API integrations ahead of plan and is scheduled to onboard 900,000 new customer accounts within the next 12 months.

Rui Helder, Chief Business Development Officer, RYVYL EU, said: “Our PaaS platform and support team offer partners exceptional value and means to leverage their customer base as well as accelerate growth. We are providing seamless onboarding, compliance expertise, and the operational scale required to power modern digital Payment ecosystems. Now, we are exceeding our initial onboarding goals for our two new PaaS contracts and are rapidly scaling our footprint with new accounts throughout Europe. I’m proud of our team’s strong execution in the initial onboarding of these key digital banking partners and confident we will reach our goal of opening nearly 1 million new customer accounts within the next 12 months.”

The foregoing guidance is based on the Company’s continuation of the business, as currently conducted. On January 24, 2025, the Company entered into an agreement with a financing source that was structured as a pre-funded asset sale with a 90-day closing period, which ends on April 23, 2025 and may be extended an additional 30 days to May 23, 2025, if the Company pays $500,000 for such extension. Shares in the Company’s RYVYL EU subsidiary were placed in escrow during the closing period. Although there are no guarantees, the Company intends to terminate the asset sale within the closing period by paying $16.5 million in consideration of such termination. The Company’s financial guidance for 2025 is based on fully retaining its RYVYL EU subsidiary.

About RYVYL

RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

Cautionary Note Regarding Forward-Looking Statements

This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions, and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements regarding the anticipated number of account activations and new customers onboarded, anticipated revenues and margins, timely payment of the second tranche, the benefit to stockholders from the repayment of the Note and repurchase of the Preferred Stock, and the timing and expectation of revenues from the contracts described herein and are charactered by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information. By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements, including the risk that the licensee understands and complies with various banking laws and regulations that may impact the licensee’s ability to process transactions. For example, federal money laundering statutes and Bank Secrecy Act regulations discourage financial institutions from working with operators of certain industries – particularly industries with heightened cash reporting obligations and restrictions – as a result of which, banks may refuse to process certain payments and/or require onerous reporting obligations by payment processors to avoid compliance risk. These statements are also subject to any damages the Company could suffer as the result of previously announced litigation or actions of any governmental agencies. These and other risk factors affecting the Company are discussed in detail in the Company’s periodic filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether because of the latest information, future events or otherwise, except to the extent required by applicable laws.

IR Contact:
David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

The MIL Network –
April 3, 2025

MIL-OSI: Plantro Ltd. Announces Premium All-Cash Tender Offer to Acquire up to 15% of Class A Limited Voting Shares of Information Services Corporation

Source: GlobeNewswire (MIL-OSI)

Premium tender offer of $27.25 per Class A Share in cash for up to 2,777,342 Class A Shares, representing an attractive premium of approximately 9% to the trailing 10-day VWAP, for a total value of approximately $75.7 million.
Plantro’s Tender Offer provides shareholders with an opportunity to receive cash consideration in a stock that has been highly illiquid for many years.
Plantro is optimistic that the Board will recommend in favour of this opportunity for shareholders to receive liquidity for their stock at a premium to the market price and avoid entrenching behaviours that deprive shareholders of value.

ST. MICHAEL, Barbados, April 02, 2025 (GLOBE NEWSWIRE) — Plantro Ltd. (“Plantro”), today announced an offer to acquire up to 2,777,342 Class A Limited Voting Shares (the “Class A Shares”) in the capital of Information Services Corporation (TSX: ISC) (“ISC” or the “Company”), (the “Tender Offer”) at a price of $27.25 per Class A Share, payable in cash (the “Tender Price”). The Tender Price represents an attractive premium of approximately 10% to the closing price of the Class A Shares on March 31, 2025, and an approximately 9% premium to the volume-weighted average price (“VWAP”) of the Class A Shares for the ten trading days preceding the announcement of the Tender Offer. The total value of the Tender Offer, if fully taken up, is approximately $75.7 million. The Tender Offer is not a “take-over bid” under Canadian securities laws.

Shareholders who have questions with respect to the Tender Offer should contact Carson Proxy, information agent for the Tender Offer, at 1-800-530-5189 (North America Toll Free), 416-751-2066 (Local and Text), or by email at info@carsonproxy.com. Tender Offer materials will be available on the Company’s SEDAR+ profile at www.sedarplus.ca.

The Plantro Tender Offer

The Tender Offer is open for acceptance by shareholders of the Company until 5:00 p.m. (Eastern Time) on April 11, 2025 (the “Expiry Time”), unless the Tender Offer is extended, varied or withdrawn. Plantro is making the Tender Offer to all shareholders of the Company (other than Class A Shares held by the Crown Investment Corporation of Saskatchewan or any other entity wholly-owned by the Province of Saskatchewan). If the Tender Offer is withdrawn, Plantro shall cause all Class A Shares delivered pursuant to the Tender Offer to be returned to shareholders. The Tender Offer is not subject to any financing condition and Plantro confirms that it has sufficient cash resources to pay for all Class A Shares subject to the Tender Offer.

If more than the maximum number of Class A Shares for which the Tender Offer is made are delivered in accordance with the Tender Offer and not withdrawn at the time of take up of the Class A Shares, the Class A Shares to be purchased from each depositing shareholder will be determined on a pro rata basis according to the number of Class A Shares delivered by each shareholder, disregarding fractions, by rounding down to the nearest whole number of Class A Shares.

The complete terms and conditions of the Tender Offer will be set out in an offer letter to shareholders, which will be publicly disclosed by way of a separate press release, as well as a form of letter of transmittal (the “Letter of Transmittal” and together with the offer letter to shareholders, the “Offer Documents”) to be used to accept the Tender Offer. The Tender Offer is subject to certain conditions as set out in the Offer Documents which, unless waived, must be satisfied. In particular, the Offer Documents provide that each depositing shareholder whose Class A Shares are taken up and paid for will appoint representatives of Plantro as its nominees and proxy for the Company’s annual meeting of shareholders to be held on May 13, 2025.

Plantro is relying on the exemption under section 9.2(4) of National Instrument 51-102 – Continuous Disclosure Obligations to the circular requirements of applicable Canadian proxy solicitation laws. For further details, please see below under the heading “Information in Support of Public Broadcast Exemption Under Canadian Law”. The Tender Offer is not a formal or exempt take-over bid under Canadian securities laws and regulations. In no event will Plantro (or its affiliates or associates) make any such purchases of Class A Shares that would result in Plantro, together with its affiliates and associates, beneficially owning or exercising control or direction over more than 15% of the outstanding Class A Shares upon completion of the Tender Offer.

Full details of the Tender Offer are included in the Offer Documents and will be available online on the Company’s SEDAR+ profile at www.sedarplus.ca.

Reasons to Accept Plantro’s Tender Offer:

(a)		All-Cash Premium. Shareholders will receive liquidity at an attractive premium to the current trading price of the Class A Shares (a premium of approximately 10% to the closing price of the Class A Shares on March 31, 2025, and approximately a 9% premium to the VWAP of the Class A Shares on the TSX for the ten (10) trading days preceding the announcement of the Tender Offer).

(b)		Limited Liquidity. Plantro believes that another liquidity event for shareholders is unlikely. There is persistent and extreme lack of trading volume and liquidity in the Class A Shares and the Tender Offer represents a unique opportunity for shareholders to receive liquidity at an attractive premium to the current trading price of the Class A Shares, in cash.

Background to the Tender Offer:

Plantro is making the Tender Offer to all shareholders of the Company (other than Class A Shares held by the Crown Investment Corporation of Saskatchewan or any other entity wholly-owned by the Province of Saskatchewan) following a recent unsuccessful attempt to open discussions with the board of directors (the “Board”) and management of the Company, on issues that included Board refreshment and a potential strategic investment.

Plantro also considered acquiring Class A Shares in the market, but the extreme and persistent lack of liquidity in the stock, made this impossible. For example, on Friday, March 28, 2025, only 251 Class A shares traded on the TSX. This represents a meager $6,144 of value traded versus a market capitalization of almost $0.5 billion.

Plantro is drawn to ISC because it believes that ISC enjoys a durable competitive moat around its core offerings, which drive healthy cash flow and a strong balance sheet. Plantro remains hopeful that the Board will engage constructively with Plantro, and recommend in favour of the Tender Offer.

Plantro’s Advisors

Plantro has engaged Goodmans LLP as its legal advisor, Carson Proxy as its information agent, Odyssey Trust Company as depositary, and Gagnier Communications as its strategic communications advisor.

About Plantro

Plantro is a privately-held company, with an established track record of making successful investments in undervalued and high quality legal, financial, and information services businesses.

Shareholder Questions

Shareholders who have questions with respect to the Tender Offer, or who need assistance in depositing their Class A Shares, please contact the depositary and information agent for the Tender Offer:

Depositary: Odyssey Trust Company

Toll Free (US & Canada): 1-888-290-1175
Calls (All Regions): 587-885-0960
Email: corp.actions@odysseytrust.com

Information Agent: Carson Proxy

North America Toll Free: 1-800-530-5189
Local and Text: 416-751-2066
Email: info@carsonproxy.com

Information in Support of Public Broadcast Exemption Under Canadian Law

Plantro is relying on the exemption under section 9.2(4) of National Instrument 51-102 – Continuous Disclosure Obligations to make this public broadcast solicitation. The following information is provided in accordance with corporate and securities laws applicable to public broadcast solicitations.

This solicitation is being made by Plantro, and not by or on behalf of management of ISC. The information agent will receive a fee of up to $250,000 for its services as information agent under the Tender Offer, plus ancillary payments and disbursements. Based upon publicly available information, ISC’s registered and head office is located at 300 – 10 Research Drive, Regina, Saskatchewan, S4S 7J7, Canada. Plantro is soliciting proxies in reliance upon the public broadcast exemption to the solicitation requirements under applicable Canadian corporate and securities laws, conveyed by way of public broadcast, including press release, speech or publication, and by any other manner permitted under applicable Canadian securities laws. In addition, this solicitation may be made by mail, telephone, facsimile, email or other electronic means as well as by newspaper or other media advertising and in person by representatives of Plantro. All costs incurred for such solicitation will be borne by Plantro.

A registered shareholder who has given a proxy under the terms of the Letter of Transmittal may, prior to its Class A Shares being taken up and paid for under the Tender Offer, revoke the proxy by instrument in writing, including a proxy bearing a later date. The instrument revoking the proxy must be deposited at the registered office of ISC at least 48 hours, exclusive of Saturdays, Sundays, and holidays, preceding the date of the meeting or an adjournment or postponement thereof, or with the Chair of the meeting on the day of the meeting, or in any other manner permitted by law, provided that, in each circumstance, a copy of such revocation has been delivered to the depositary, at its principal office in Toronto, Ontario, Canada prior to the Class A Shares relating to such proxy having been taken up and paid for under the Tender Offer.

A non-registered shareholder may revoke a form of proxy or voting instruction form given to an intermediary at any time by written notice to the intermediary in accordance with the instructions given to the non-registered shareholder by its intermediary. Non-registered shareholders should contact their broker for assistance in ensuring that forms of proxies or voting instructions previously given to an intermediary are properly revoked.

None of Plantro nor, to its knowledge, any of its associates or affiliates, has any material interest, direct or indirect, in any transaction since the commencement of ISC’s most recently completed financial year, or in any proposed transaction which has materially affected or will materially affect ISC or any of its subsidiaries. None of Plantro nor, to its knowledge, any of its associates or affiliates, has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at any upcoming shareholders’ meeting, other than as set out herein.

Cautionary Statement Regarding Forward-Looking Information

This press release may contain forward-looking information and forward-looking statements within the meaning of applicable securities laws. Specifically, certain statements contained in this press release, including without limitation statements regarding the Tender Offer, taking up and paying for Class A Shares deposited under the Tender Offer, Plantro’s assessment of the consequences of what it believes to be governance failings at ISC, as well as Plantro’s assessment of ISC’s future prospects, contain “forward-looking information” and are prospective in nature. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements.

Statements containing forward-looking information are not based on historical facts, but rather on current expectations and projections about future events and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future outcomes expressed or implied by the statements containing forward-looking information.

Although Plantro believes that the expectations reflected in statements containing forward-looking information herein made by it (and not, for greater certainty, any forward-looking statements attributable to the Company) are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include the assumption that the business and economic conditions affecting the Company’s operations will continue substantially in the current state, including, without limitation, with respect to industry conditions, general levels of economic activity, continuity and availability of personnel, local and international laws and regulations, foreign currency exchange rates and interest rates, inflation, taxes, that there will be no unplanned material changes to the Company’s operations, and that the Company’s public disclosure record is accurate in all material respects and is not misleading (including by omission).

Plantro cautions that the foregoing list of material factors and assumptions is not exhaustive. While these factors and assumptions are considered by Plantro to be appropriate and reasonable in the circumstances as of the date of this press release, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Many of these assumptions are based on factors and events that are not within the control of Plantro and there is no assurance that they will prove correct.

Important facts that could cause outcomes to differ materially from those expressed or implied by such forward-looking information include, among other things, actions taken by the Company in respect of the Tender Offer, the content of subsequent public disclosures by the Company, the failure to satisfy the conditions to the Tender Offer, general economic conditions, legislative or regulatory changes and changes in capital or securities markets. If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information. Although Plantro has attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to Plantro or that Plantro presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information.

Statements containing forward-looking information in this press release are based on Plantro’s beliefs and opinions at the time the statements are made, and there should be no expectation that such forward-looking information will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and Plantro disclaims any obligation to do so, except as required by applicable law. All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

1380-9916-3157

The MIL Network –

April 3, 2025

MIL-OSI: Bitfarms Enters into Initial Agreement for Private Debt Facility with a division of Macquarie Group for up to $300 Million to Fund Initial HPC Project Development at Panther Creek
Source: GlobeNewswire (MIL-OSI)
- Initial draw at close of $50 million, with up to a total of $300 million available upon entry into definitive project loan documentation
- Early-stage investment from a division of Macquarie Group, one of the world’s largest infrastructure investors, further validates the attractiveness of Bitfarms’ potential HPC data center development pipeline, especially its near-term project at Panther Creek
- A $300 million facility is expected to provide the necessary capital for Bitfarms to fund the initial portion of the Panther Creek data center development and buildout in a non-dilutive manner
This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.

TORONTO, Ontario and BROSSARD, Québec, April 02, 2025 (GLOBE NEWSWIRE) — Bitfarms Ltd. (Nasdaq/TSX: BITF), a global energy and compute infrastructure company (“Bitfarms” or the “Company”), announced today that the Company has entered into an initial agreement for a private debt facility for up to $300 million from Macquarie Equipment Capital, Inc., a division of Macquarie Group’s Commodities and Global Markets’ business (“Macquarie”). The initial tranche of the facility is $50 million at the parent level and proceeds will be used for project development soft costs and other general corporate purposes. The second tranche of the facility may be up to $250 million and is drawable as the Company achieves specific development milestones at its Panther Creek location, at which time the entirety of the loan becomes secured at the project level only, resulting in a total project debt facility of $300 million and termination of the initial loan. The maturity of each facility is two years from the date of closing and each facility bears an interest at a rate of 8% per annum, with interest on the initial draw of $50 million paid in kind for the first three months. Draws under the second tranche of the facility are subject to the entry into definitive documentation, mutually agreed between the Company and Macquarie, on terms appended to the initial agreement, in addition to certain other conditions.

CEO Ben Gagnon stated, “We are thrilled to partner with Macquarie, a global leader in infrastructure investment with deep expertise and relationships across the HPC-related infrastructure value chain. This partnership marks the beginning of our investment in the near-term development of our Panther Creek data center, strategically located in Pennsylvania’s PJM region within close proximity to Philadelphia and NYC metropolitan areas. Panther Creek alone has a potential capacity of nearly 500 MW, supported by multiple power sources. Having multiple energy sources enhances reliability and redundancy while reducing anticipated CapEx and OpEx for HPC, making these sites particularly attractive to potential HPC customers. We are confident that this partnership will not only accelerate our buildout at Panther Creek, but also open doors to future opportunities with Macquarie as we look to scale our project and potentially expand to other sites within our portfolio.

“Amidst the surging AI revolution and the growing demand for power and infrastructure, this financing arrives at a pivotal time following the close of our transformational acquisition of Stronghold Digital Mining and the recent appointments of both James Bond, SVP of HPC, and Craig Hibbard, SVP of Infrastructure. We believe the analyses provided by our strategic partners, ASG and WWT, along with Macquarie’s due diligence and industry expertise, validate our HPC opportunity thesis at Panther Creek, strengthen our HPC pipeline and strategy, and position Bitfarms as a market leader in sourcing and developing large-scale, high-quality HPC data center projects.”

Joshua Stevens, Associate Director, Macquarie Group’s Commodities and Global Markets business, said, “We are proud to partner with Bitfarms and look forward to supporting the continued development of its innovative Panther Creek project, as well as future infrastructure that will be essential to the advancement of AI. Panther Creek is well located, within 100 miles of New York City and Philadelphia, and we expect it will be sought after by HPC tenants once construction of the project is underway.”

CFO Jeff Lucas stated, “Our highly valued North American assets, strong cash flow from mining operations, and the potential for higher-margin, stable, and predictable earnings characteristic of an HPC business model have enabled us to secure this attractive debt financing from a respected infrastructure partner. With an interest rate of 8%, we believe we can fund our energy and HPC infrastructure development at a significantly lower cost of capital and with much less dilution than equity funding, creating long-term shareholder value. The net proceeds from the initial $50 million will accelerate the launch of our HPC project at Panther Creek and finance the soft costs as we move forward with the HPC development. Importantly, this valuable partnership with Macquarie provides the necessary capital and expertise in datacenter development to accelerate our next chapter of growth.”

Key Financing Terms
- The $300 million project loan is intended to fund the development of the data center project at Panther Creek.
- The $50 million initial tranche of the facility, which is earmarked for project development soft costs and other general corporate purposes, is at the parent level and is secured by a first priority lien on all assets of the U.S. and Canadian guarantors and the borrower, with customary exclusions. The second tranche of the facility will be for up to $250 million and will be drawable as the Company achieves specific development milestones at its Panther Creek location and upon entering definitive documentation, at which time the entirety of the loan will become secured at the project level only and would result in a total project debt facility of $300 million and termination of the initial loan.
- The maturity of each facility is two years from the date of closing. Each facility will bear interest at a rate of 8% per annum, with interest on the initial draw of $50 million paid in kind for the first three months.
- In connection with the initial tranche of the facility, Macquarie will receive warrants for the purchase of $5 million in shares of Bitfarms at a strike price equal to a 25% premium to the average of the past 5 days’ closing price (subject to a minimum strike price floor equal to the last closing price of Bitfarms’ shares on the TSX) and with a tenor of five years. The warrants and underlying shares are subject to customary registration rights for the resale of the underlying shares. Up until $125 million has been drawn under the second tranche of the facility, Macquarie will receive warrants equal to 10% of the amount drawn under the facility at a strike price equal to a 25% premium to the average of the past 5 days’ closing price (subject to a minimum strike price floor equal to the last closing price of Bitfarms’ shares on the TSX prior to grant) with a tenor of five years.
- The loan agreement for the initial tranche of the facility includes various affirmative and negative covenants for Bitfarms and its subsidiaries, including restrictions on dispositions, dividends, the incurrence of debt and liens, material changes in the nature of its business, related party transactions, and investments, in each case subject to certain customary exclusions and carveouts. In addition, Bitfarms must maintain a minimum of $25 million balance in cash at all times while the initial tranche is outstanding and must deposit additional amounts of cash if the average bitcoin price drops below certain thresholds as provided in the loan agreement (which funds will be returned if the bitcoin price returns to the previous thresholds).
Northland Capital Markets acted as sole placement agent to the Company. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to the Company. Latham & Watkins LLP acted as legal counsel to Macquarie.

About Bitfarms Ltd.
Founded in 2017, Bitfarms is a global energy and compute infrastructure company that develops, owns, and operates vertically integrated HPC and Bitcoin mining data centers. Bitfarms currently has 15 operating Bitcoin data centers situated in four countries: the United States, Canada, Argentina and Paraguay.

Powered primarily by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure.

To learn more about Bitfarms’ events, developments, and online communities:

www.bitfarms.com.

https://www.facebook.com/bitfarms/
http://x.com/Bitfarms_io
https://www.instagram.com/bitfarms/
https://www.linkedin.com/company/bitfarms/

About Macquarie Group

Macquarie Group Limited (Macquarie) is a global financial services group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advice and access to capital and principal investment. Founded in 1969, Macquarie employs over 20,000 people in 34 markets. Commodities and Global Markets (CGM), an operating group of Macquarie, has more than 40 years of partnering with clients to provide capital and financing, risk management, market access, and physical execution and logistics solutions across commodities, financial markets, and asset finance sectors. For further information, visit www.macquarie.com.

Glossary of Terms
- MW = Megawatts or megawatt hour
- HPC/AI = High Performance Computing / Artificial Intelligence
- CapEx = Capital Expenditure
- OpEx = Operating Expenses
- PJM = Pennsylvania- New Jersey-Massachusetts regional transmission market
- NYC = New York City
- WWT = World Wide Technology
- ASG= Applebee Strategy Group, LLC
Forward-Looking Statements

This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding the completion of definitive documentation relating to the second tranche of the facility and the draw of an additional $250 million in funds, the development of the Company’s Panther Creek data center, its potential capacity, and its attractiveness to potential HPC customers, and other statements regarding future growth, plans and objectives of the Company are forward-looking information.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information.

This forward-looking information is based on assumptions and estimates of management of Bitfarms at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Bitfarms to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors, risks and uncertainties include, among others: the ability to successfully negotiate and deliver definitive documentation relating to the second tranche of the facility, that the second tranche may not close within the timeframe anticipated or at all or may not close on the terms and conditions currently anticipated by the parties; the development and operation of Panther Creek may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine digital currency is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the power purchase agreements and economics thereof may not be as advantageous as expected; potential environmental cost and regulatory penalties due to the operation of plants which entail environmental risk and certain additional risk factors including, land reclamation requirements may be burdensome and expensive, changes in tax credits related to coal refuse power generation could have a material adverse effect on the business, financial condition, results of operations and future development efforts, competition in power markets may have a material adverse effect on the results of operations, cash flows and the market value of the assets, the business is subject to substantial energy regulation and may be adversely affected by legislative or regulatory changes, as well as liability under, or any future inability to comply with, existing or future energy regulations or requirements, the operations are subject to a number of risks arising out of the threat of climate change, and environmental laws, energy transitions policies and initiatives and regulations relating to emissions and coal residue management, which could result in increased operating and capital costs and reduce the extent of business activities, operation of power generation facilities involves significant risks and hazards customary to the power industry that could have a material adverse effect on our revenues and results of operations, and there may not have adequate insurance to cover these risks and hazards, employees, contractors, customers and the general public may be exposed to a risk of injury due to the nature of the operations, limited experience with carbon capture programs and initiatives and dependence on third-parties, including consultants, contractors and suppliers to develop and advance carbon capture programs and initiatives, and failure to properly manage these relationships, or the failure of these consultants, contractors and suppliers to perform as expected, could have a material adverse effect on the business, prospects or operations; the digital currency market; the ability to successfully mine digital currency; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power to operate cryptocurrency mining assets; the risks of an increase in electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which Bitfarms operates and the potential adverse impact on profitability; future capital needs and the ability to complete current and future financings, including Bitfarms’ ability to utilize an at-the-market offering program ( “ATM Program”) and the prices at which securities may be sold in such ATM Program, as well as capital market conditions in general; share dilution resulting from an ATM Program and from other equity issuances; volatile securities markets impacting security pricing unrelated to operating performance; the risk that a material weakness in internal control over financial reporting could result in a misstatement of financial position that may lead to a material misstatement of the annual or interim consolidated financial statements if not prevented or detected on a timely basis; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; and the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to Bitfarms’ filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission (the “SEC“) at www.sec.gov), including the Management’s Discussion & Analysis for the year-ended December 31, 2024. Although Bitfarms has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by Bitfarms. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. Bitfarms does not undertake any obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Investor Relations Contact:
Tracy Krumme
SVP, Head of IR & Corp. Comms.
+1 786-671-5638
tkrumme@bitfarms.com

Media Contact:
Caroline Brady Baker
Director, Communications
cbaker@bitfarms.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bab8a34f-c6c6-4802-bf43-e7edcb378236

The MIL Network –
April 3, 2025
MIL-OSI: Lantronix Named to CRN 2025 Internet of Things 50 List

Source: GlobeNewswire (MIL-OSI)

IRVINE, Calif., April 02, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been recognized on the 2025 Internet of Things (IoT) 50 list by CRN^®, a brand of The Channel Company. CRN’s annual IoT 50 list spotlights vendors leading IoT innovation that are driving channel success. Honorees are selected by a panel of CRN editors with input from members of the channel partner community.

“We are very honored to be on CRN’s IoT 50 List that spotlights companies that are notable for their dedication to cutting-edge solutions that empower the channel to create and deliver groundbreaking IoT solutions,” said Saleel Awsare, president & CEO of Lantronix Inc. “This award is especially valued by our team as we are devoted to helping our channel partners deliver powerful Edge intelligent solutions for our mutual customers.”

Recognition on the list is based on the quality of the vendors’ IoT portfolios and consistency in delivering new opportunities for partners. Each company on the CRN IoT 50 has taken steps toward empowering its channel partners to deliver cutting-edge IoT solutions and drive growth. The CRN IoT 50 list includes five IoT categories: Hardware, Security, Software, Industrial and Networking and Connectivity. Lantronix was recognized in the Hardware category.

“IoT solutions deliver critical data for better decision-making and are powerful growth drivers for the channel,” said Jennifer Follett, VP, U.S. Content, and Executive Editor, CRN, The Channel Company. “We’re pleased to spotlight these vendors for their dedication to empowering partners with IoT innovation that helps them better serve their clients and advance the entire IT channel.”

The 2025 CRN IoT 50 list is featured in the April issue of CRN Magazine and online at www.CRN.com/IoT50.

About The Channel Company

The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

About Lantronix

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

For more information, visit the Lantronix website.

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

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

Lantronix Analyst and Investor Contact:
investors@lantronix.com

The MIL Network –

April 3, 2025
MIL-OSI: Prairie Operating Co. Announces 11-Well Development at Rusch Pad

Source: GlobeNewswire (MIL-OSI)

HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), today announced the launch of an 11-well development program at the Rusch Pad in Weld County, Colorado. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Company’s continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (“DJ”) Basin.

The Rusch Pad development will consist of eleven two-mile lateral wells, alternating between the Niobrara A, B, and C Chalks and the Codell Sandstone. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after. Initial production is anticipated in early August. To minimize environmental impact, Prairie will deploy Precision’s E-rig 461, powered by natural gas generators with battery backup to enhance efficiency and reduce emissions.

“The Rusch Pad development is an important step in Prairie’s ongoing growth strategy following the closing of the Bayswater acquisition,” said Edward Kovalik, Chairman and CEO of Prairie. “With this new development, we are expanding our production footprint, optimizing our asset base, and further positioning Prairie for long-term success. We remain committed to disciplined capital deployment and maximizing shareholder value.”

The Rusch Pad development follows the recent closing of Prairie’s acquisition of Bayswater assets, which significantly expanded the Company’s position in the DJ Basin. Prairie is currently focused on integrating these assets, capturing operational efficiencies, and executing its development program to drive production growth and cash flow generation.

About Prairie Operating Co.

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

Forward-Looking Statement

The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “strive”, “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company’s expectations can be found in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K/A filed with the SEC on March 6, 2025, and any subsequently filed Quarterly Report and Current Report on Form 8-K. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov.

Investor Relations Contact:
Wobbe Ploegsma
info@prairieopco.com
832.274.3449

The MIL Network –

April 3, 2025
MIL-OSI: Building on Past Success, Incident IQ Names Ryan Zeek as Chief Financial Officer

Source: GlobeNewswire (MIL-OSI)

ATLANTA, April 02, 2025 (GLOBE NEWSWIRE) — Incident IQ, the leading workflow management platform built specifically to streamline K-12 school districts, has announced the appointment of Ryan Zeek as Chief Financial Officer. Ryan steps into the role after more than three years at the company, during which he has served as Director of Finance and most recently, VP of Strategy. Since joining Incident IQ, he has been instrumental in optimizing the company’s finance operations, building strong teams, and implementing processes that have helped support the company’s growth and innovation. As the VP of Strategy, Ryan fostered relationships with key partners and supported the launch of iiQ Resources, Incident IQ’s newest product.

Incident IQ also extends its heartfelt thanks to retiring CFO Mike Hickey for his years of dedicated leadership. His financial stewardship and guidance helped lay a strong foundation that has positioned his successor and the company to thrive.

“Mike and I are thrilled that Ryan is our next CFO. We’re moving from strength to strength,” said R.T. Collins, CEO of Incident IQ. “During his tenure at iiQ, Ryan has demonstrated tremendous capability across several domains, and I believe he is the ideal person to lead our financial strategy through the next phase of our journey.”

Prior to his tenure at Incident IQ, Ryan served in various financial, strategy and audit leadership roles for Atlanta-based companies, both locally and abroad. He holds degrees from Auburn University and the University of Notre Dame as well as an active CPA license.

“Incident IQ has a brilliant legacy of solutions that empower school districts to achieve their goals,” said Ryan. “Whilst I’ve enjoyed serving in my previous roles, I’m honored to step into the CFO role to help expand that legacy alongside an incredible team. The people I now have the privilege to lead as CFO played a major role in my decision to accept the nomination—their passion and talent make this a unique opportunity.”

Ryan will oversee Incident IQ’s financial strategy and operations, including finance, accounting, and corporate development, as the company continues to innovate as the premier workflow solution for K-12 school districts.

About Incident IQ
Incident IQ is the leading workflow management platform built exclusively for K-12 schools, providing district leaders with visibility and efficiency across administrative teams. Trusted by over 1,900 districts, Incident IQ powers mission-critical services for more than 12 million students and educators nationwide. By connecting technology and operational workflows, Incident IQ enables schools to streamline processes, reduce administrative burdens, and focus on what matters most—student achievement.

Incident IQ is based in Atlanta.

The MIL Network –

April 3, 2025
MIL-OSI: Hyperscale Data Announces 56 Bitcoin Mined Year to Date and 3,061 Bitcoin Mined Since Inception of Mining Operations in March 2021

Source: GlobeNewswire (MIL-OSI)

LAS VEGAS, April 02, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”) mined approximately 56 Bitcoin from January 1, 2025, to March 31, 2025. Since March of 2021, Sentinum has mined approximately 3,061 Bitcoin.

“The Company is proud of the Sentinum team and the efficiency with which the mining operations are run. We believe it is important to update stockholders on our current and historical Bitcoin mining operations and of Sentinum’s accomplishments in the Bitcoin mining space,” stated William B. Horne, Chief Executive Officer of Hyperscale Data. “The Company has previously noted its intentions to relocate the majority of its Bitcoin mining operations concurrently with the buildout of its Michigan Data Center and will continue to update stockholders as this progresses.”

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiaries, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. Hyperscale Data’s subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data intends to completely divest itself of ACG on or about December 31, 2025, at which time, it would solely be an owner and operator of data centers to support high-performance computing services. Until that happens, the Company provides, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190 Las Vegas, NV 89141.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

Hyperscale Data Investor Contact:
IR@hyperscaledata.com or 1-888-753-2235

The MIL Network –

April 2, 2025
MIL-OSI United Kingdom: Landmark Taiwan offshore wind deal receives UK backing, unlocking £55 million in contracts for British exporters
Source: United Kingdom – Executive Government & Departments 4

Press release

Landmark Taiwan offshore wind deal receives UK backing, unlocking £55 million in contracts for British exporters

UK Export Finance has guaranteed £184 million in financing for one of Taiwan’s largest offshore wind projects.
Credit: Copenhagen Offshore Partners

The deal secures £55 million in manufacturing and service contracts for British suppliers, supporting local jobs and economic growth.

Export breakthrough enabled by collaboration with other export credit agencies and with Copenhagen Infrastructure Partners – one of the world’s largest fund managers for renewable energy investments.

UK Export Finance (UKEF) is providing a £184 million credit guarantee to support the construction of the 495 MW Fengmiao 1 offshore windfarm in Taiwan, securing £55 million in manufacturing and service export contracts for British suppliers.

UKEF is the government’s export credit agency, providing support to help exporters win and deliver new overseas contracts.

Cadeler – a company with operations based in East Anglia – will be contracted to supply an installation vessel together with crew, sea-fastening services and crane operators.

This latest Buyer Credit Guarantee from UKEF forms part of a wider $3.7 billion financing package by Copenhagen Infrastructure Partners (CIP). This involves export credit agencies from Denmark, Netherlands, Poland, Belgium, and Taiwan.

Located off the west-coast of Taichung City, the offshore wind site is due to be completed in 2027.

The Fengmiao 1 project will result in estimated annual greenhouse gas emissions savings equivalent to emissions from a quarter of a million cars.

Promoting investment into British businesses and employers, UKEF’s decision to back the project supports this government’s Plan for Change to boost economic growth across all regions and promote the UK’s clean-growth expertise.

Business and Trade Secretary Jonathan Reynolds said:

Being absolutely committed to delivering economic growth under the Plan for Change means we are using every tool at our disposal to enable British businesses to succeed.

This deal harnesses the power of commerce to drive the energy transition whilst securing lucrative new opportunities for UK businesses and supporting job creation in local communities.

Mikkel Gleerup, Chief Executive Officer at Cadeler added:

We are grateful to UKEF for the support they are providing to the Fengmiao 1 Project—an important milestone in Cadeler’s continued expansion into Taiwan’s offshore wind market.

UKEF’s backing highlights the importance to Cadeler and its clients of our operations in the United Kingdom, with our UK-owned installation vessels and East Anglia-based team supporting offshore wind development both at home and abroad. Cadeler remains committed to advancing offshore wind in the APAC region and beyond.

Thomas Wibe Poulsen, Partner and Head of Asia-Pacific at CIP, said:

Financial close on Fengmiao I is the culmination of years of hard work and dedication from the project team, suppliers, contractors, banks, ECAs and offtakers. It is the first offshore wind project in Taiwan to be supported by a portfolio of corporate offtakers in Taiwan and Fengmiao I sets a new benchmark for the country’s rapidly maturing offshore wind market.

Contact

Media enquiries:

Email newsdesk@ukexportfinance.gov.uk

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Published 2 April 2025
MIL OSI United Kingdom –
April 2, 2025
MIL-OSI: XRP Whales and Traders Are Racing to Join XploraDEX $XPL Presale – XploraDEX Could Be XRP’s 2025 Smartest DeFi Play
Source: GlobeNewswire (MIL-OSI)

ZURICH, Switzerland, April 02, 2025 (GLOBE NEWSWIRE) — The race is on, the crypto community turns its attention toward the XRP Ledger, one name is dominating the conversation: XploraDEX. With its native token $XPL Now on Presale, traders and investors are rushing to secure early allocations in what many are calling the smartest DeFi launch of 2025.

Built as the first AI-powered decentralized exchange (DEX) on XRP Ledger, XploraDEX is revolutionizing how crypto traders interact with markets. By integrating machine learning, real-time analytics, and intelligent trade execution, the platform promises to deliver a level of automation and insight never before seen on the XRP Ledger.

PARTICIPATE IN $XPL PRESALE

Why XploraDEX Is Turning Heads

XploraDEX isn’t just another DEX—it’s a complete AI-driven trading ecosystem. Here’s what makes it stand out:
- AI-Powered Trading Tools – From auto-executing trades based on live market trends to predictive price modeling, XploraDEX brings Wall Street-grade automation to XRPL users.
- Lightning Fast, Low-Fee Execution – Built natively on XRPL, trades settle in seconds with micro-cost transaction fees.
- Smart Liquidity Routing – The platform’s AI routes trades for optimal execution, reducing slippage and maximizing profits.
- DeFi for All Traders – Whether you’re a beginner or a seasoned whale, XploraDEX is designed to level the playing field with accessible intelligence.
The $XPL Token

$XPL token powers the entire XploraDEX ecosystem. Here’s what holders get:
- Access to exclusive AI tools and analytics
- Trading fee discounts for $XPL holders
- Staking rewards and liquidity incentives
- Governance rights to vote on XploraDEX platform changes
- Early access to partner projects and new feature rollouts
$XPL Presale isn’t just another presale token, $XPL is built for long-term utility and real yield.

BUY $XPL ON PRESALE

$XPL Presale Momentum Is Exploding

Since launching its presale, XploraDEX has seen a massive influx of new wallets, early whale participation, and buzz across XRP groups.. With each presale round increasing in price, early investors are locking in their allocation before the next hike.

Presale rounds are filling fast, and with only a limited supply of $XPL available at the current tier, now is the time to move.

BUY $XPL TOKEN: https://sale.xploradex.io

The Verdict: Don’t Just Watch This One Happen

XploraDEX is what the XRPL ecosystem has been waiting for: a high-utility, AI-enhanced trading platform that actually helps users trade smarter and grow their portfolios. With the $XPL presale live and momentum building by the hour, this could be the 100x DeFi opportunity of the year.

Secure Your $XPL Presale Allocation Today: https://sale.xploradex.io

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.

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b17d424-5254-4d42-9412-f13a3a54e957

The MIL Network –
April 2, 2025
MIL-OSI United Kingdom: Government unveils proposals to transform Fort Regent into a 21st century leisure destination02 April 2025 The Government of Jersey, through its Regeneration Steering Group, has unveiled ambitious proposals to redevelop Fort Regent, restoring its status as the Island’s premier leisure and entertainment… Read more
Source: Channel Islands – Jersey

02 April 2025

The Government of Jersey, through its Regeneration Steering Group, has unveiled ambitious proposals to redevelop Fort Regent, restoring its status as the Island’s premier leisure and entertainment hub.

The transformation will create a vibrant, modern destination for socialising, entertainment and recreation, with a strong emphasis on facilities for children and young adults.

In collaboration with the Jersey Development Company, JDC, the Government’s property development arm, practical and sustainable plans have been developed that balance heritage with state-of-the art leisure and entertainment facilities.

Key Features of the proposed redevelopment:

Internal transformations
- Gloucester Hall redeveloped into a flexible 2,500 seat acoustic theatre, enhancing Jersey’s ability to attract larger live performances and events, and provide flexibility for DJ events, conferences, conventions and/or a show court for sporting events.
- Queens Hall (the Rotunda) converted into a multi-functional entertainment complex over two floors, incorporating: A 12-lane ten-pin bowling facility; Arcade and battle café style games space; A six-screen cinema (relocated from the Waterfront)
- The Piazza and adjacent perimeter Garrison Rooms redesigned as an arts and culture hub, providing spaces for performing arts, music and artist studios surrounding a large covered space for hosting exhibitions, events and live performances, and serving as the home of Jersey’s winter ice rink.
- The former Active Gym space repurposed as a multi-activity facility for all ages, featuring: A ‘Ninja Warrior’-style active play zone; Sky Trail; Climbing and bouldering activities.
- Additionally, some of the remaining perimeter rooms and Don Theatre are proposed to become egaming zones, virtual golf, cafés and a bar.
New outdoor amenities
- A destination skatepark catering to all ages
- A pump track for BMXers and Mountain Bikers
- A play and heritage trail
- A 500m running track
- A teenage zone with a 3×3 ball court and a dedicated social space for older children and teenagers.
External enhancements
- Improved accessibility and a new entrance building
- A cable car link to the Fort
- A hotel (on the site of the former swimming pool)
- A relocated children’s nursery
- A rooftop bar and restaurant with panoramic views over St Helier
- Landscaped gardens
- Uplighting of the Fort’s external walls Cost and funding strategy
This initiative is part of a broader Government strategy for longer-term, ongoing investment in Jersey’s infrastructure, housing, healthcare, public spaces and sport, leisure and recreational facilities.

The cost of the Fort Regent redevelopment is estimated at £110 million – excluding the new hotel which will be privately funded.

Financing for the project will come from the following sources, details for which are under development:
- Revenues from Fort Regent: Income from rental agreements, events revenue and other commercial activities.
- Borrowing: To prevent further delays, enabling immediate investment while spreading repayment over time.
- Existing Capital Budget contributions: Allocations from annual capital budgets.
- Additional Government contributions: Public sector efficiency savings and budget surpluses, where available.
Funding proposals will be presented to the States Assembly once the design and costs have been finalised.

Government and JDC statements

Chief Minister, Deputy Lyndon Farnham: “The long-overdue redevelopment of Fort Regent Leisure Centre represents a transformational investment in Jersey’s community. Working with the Jersey Development Company, we have developed an ambitious plan that delivers modern, high-quality leisure and recreational facilities with a particular focus on children and young adults. I look forward to hearing Islanders’ views during the consultation process and to seeing Fort Regent fully revitalised as a vibrant social hub at the heart of Island life.”

Minister for Infrastructure, Connétable Andy Jehan: “I am very pleased to share these exciting plans for the future of Fort Regent. I hope that islanders will look closely at what is proposed and give us their feedback, including where they think the plans can be improved. We are listening and want to be sure that the regeneration meets the needs and ambitions of the public.

“Our aim is for Fort Regent to once again be the Island’s premier family leisure and entertainment venue with a wide range of activities, including sport. This consultation marks a turning point, where we can bring Fort Regent back into proper use and make it the vibrant community asset we all know it can be.”

Lee Henry, CEO of JDC: “Jersey Development Company is honoured to have been entrusted by Government to regenerate Fort Regent. The Fort is a much-loved community asset and we look forward to engaging with the community on the exciting vision for its regeneration. We have carefully ensured that the proposals respect the heritage and focus on delivering much needed all-weather amenities for children, young adults and families. The consultation on the proposals has launched and we hope to hear from as many Islanders as possible in order to inform the plans and we look forward to receiving the community’s views.”

The full proposals can be viewed at www.jerseydevelopment.je/fort-regent

Public Consultation and next steps:

JDC invites all islanders to contribute their views by participating in an independent public survey, which will be open from Wednesday 2 April to Sunday 18 May 2025.https://www.smartsurvey.co.uk/s/FortRegentSurvey-4insight/

A public presentation will be held on 22 April at the Pomme d’Or Hotel 5:30pm-7pm to ask questions and provide feedback. To register your attendance via Eventbrite here: https://bit.ly/4l6Yh9W. Additionally, JDC will conduct presentations for local secondary schools to establish the views of the under-18s.

The results of the consultation will be published in June. The first Planning Application for the roof refurbishment will be submitted in August 2025.

Once the Fort is fully vacated, by December 2025, redevelopment will commence in early 2026, with completion scheduled for December 2028.
MIL OSI United Kingdom –
April 2, 2025
MIL-OSI Asia-Pac: ‘Investment platform’ is fictitious

Source: Hong Kong Information Services

The Government today cautioned the public not to be taken in by a video circulating online which falsely presents the Financial Secretary promoting a so-called “Government Investment Platform”.

Stressing that the video appears to be artificially generated, the Government said that the information contained in it is entirely fictitious and intended to deceive, and warned people not to fall for it.

The case has been referred to the Police Force for investigation.

MIL OSI Asia Pacific News –

April 2, 2025
MIL-OSI: Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for March 2025 of its Virtune Crypto Top 10 Index ETP, the first crypto index ETP in the Nordics

Source: GlobeNewswire (MIL-OSI)

Stockholm, 2nd of April 2025 – Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:

Virtune Bitcoin ETP
Virtune Staked Ethereum ETP
Virtune Staked Solana
Virtune Staked Polkadot ETP
Virtune XRP ETP
Virtune Avalanche ETP
Virtune Litecoin ETP
Virtune Chainlink ETP
Virtune Arbitrum ETP
Virtune Staked Polygon ETP
Virtune Staked Cardano ETP
Virtune Crypto Altcoin Index ETP

Index allocation as of 31st of March (before rebalancing):

Bitcoin: 42.41%
Ethereum: 28.10%
XRP: 15.66%
Solana: 7.56%
Cardano: 3.06%
Chainlink: 1.11%
Avalanche: 0.96%
Litecoin: 0.70%
Uniswap: 0.45%

Index allocation as of 31st of March (after rebalancing):

Bitcoin: 40.00%
Ethereum: 28.86%
XRP: 16.39%
Solana: 8.29%
Cardano: 2.97%
Chainlink: 1.14%
Avalanche: 1.02%
Litecoin: 0.81%
Uniswap: 0.51%

In connection with this month’s rebalancing, there is no change in the crypto assets included in the index. Virtune Crypto Top 10 Index ETP SEK outcome for March was -15.82%.

The rebalancing is carried out according to the index that the ETP tracks, the Virtune Vinter Crypto Top 10 Index. The purpose of the monthly rebalancing is to ensure that the ETP always reflects the current market conditions and to effectively absorb volatility in the crypto market.

During March, major crypto assets continued to move downward. Bitcoin and XRP remained relatively stable with declines of -2.19% and -2.52%, while Ethereum dropped by a significant -18.4% and Solana by -15.7%. The best performer in Virtune Crypto Top 10 Index ETP was Cardano with +4.37%.

The performance of the crypto assets included in Virtune Crypto Top 10 Index ETP in March:

Cardano: +4.37%
Bitcoin -2.19%
XRP: -2.52%
Chainlink: -8.76%
Solana: -15.7%
Avalanche: -16%
Ethereum: -18.4%
Uniswap: -20.4%
Litecoin: -35%

Virtune’s crypto index ETP is the first of its kind in the Nordic region. The ETP includes up to 10 leading crypto assets that are part of the Nasdaq Crypto Index, based on their total market capitalization, with a maximum weight of 40% per crypto asset to promote diversification. This allows investors to benefit from broad exposure to the crypto market without being heavily concentrated in any single crypto asset.

If you, as an (institutional) investor, are interested in meeting with Virtune to discuss the opportunities our ETPs offer for your asset management services or to learn more about Virtune and our ETPs, please do not hesitate to contact us at hello@virtune.com.

You can also read more about Virtune and our ETPs at www.virtune.com and register your email address on our website to subscribe to our newsletters, which cover updates on Virtune’s upcoming ETP launches and other news related to digital assets.

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

Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

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

The MIL Network –

April 2, 2025

MIL-OSI: CoinShares Resolves on Dividend Distribution for the financial year 2024

Source: GlobeNewswire (MIL-OSI)

2 April 2025 | SAINT HELIER, Jersey | As announced on 18 February 2025, CoinShares International Limited (“CoinShares” or the “Company”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading European investment company specialising in digital assets, indicated a distribution to shareholders would be considered within the parameters of the dividend policy, subject to the finalisation of the Group audit for the year ended 31 December 2024

Under the policy, the Company aims to return to shareholders by way of annual dividend of between 20% and 40% of the Group’s profit after tax, adjusted for any special dividend payments made during the period.

Consistent with the policy, and following publication of the Group’s audited financial statements for the year ended 31 December 2024, the Board of the Company resolved to declare and pay in four equal instalments an annual dividend in relation to the financial year ending 31 December 2024 of approximately GBP 0.30 per ordinary share, amounting to GBP 20,000,000, to be paid from the Group’s reserves.

The dividend to holders of ordinary shares will be made in sterling (GBP) and subsequently, before distribution to shareholders who hold ordinary shares via Euroclear Sweden, converted to SEK at prevailing rates at the time of distribution.

The total number of shares in the Company as at 31 December 2024 was 2024 66,678,210.

The key dates for the annual dividend are as follows:

	Ex-dividend date	Record date	Payment date	Total Dividend
Tranche 1	29 April 2025	30 April 2025	6 May 2025	GBP 5,000,000
Tranche 2	27 June 2025	30 June 2025	3 July 2025	GBP 5,000,000
Tranche 3	29 September 2025	30 September 2025	3 October 2025	GBP 5,000,000
Tranche 4	29 December 2025	30 December 2025	7 January 2026	GBP 5,000,000

In accordance with Article 115(4) of the Companies (Jersey) Law 1991, each payment will be subject to an assessment of the financial health of the Group by its Board.

About CoinShares

CoinShares is the leading European alternative asset manager specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Founded in 2013, the firm is headquartered in Jersey, with offices in France, Stockholm, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, in the US by the Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

For more information on CoinShares, please visit: https://coinshares.com
Company | +44 (0)1534 513 100 | enquiries@coinshares.com
Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

The MIL Network –

April 2, 2025

MIL-OSI: SUTNTIB AB “Tewox” publishes its NAV for March 2025

Source: GlobeNewswire (MIL-OSI)

Vilnius, Lithuania, April 02, 2025 (GLOBE NEWSWIRE) —

As at the end of March 2025, the net asset value (NAV) of SUTNTIB AB „Tewox“ decreased to EUR 42,415,003, compared to previously determined NAV at the end of February 2025, which was EUR 42,794,355.

The share price decreased to EUR 1.0132, from EUR 1.0222 at the end of February 2025. The pro-forma internal rate of return (IRR) decreased to 0.45%, compared to previously announced IRR of 0.78% at the end of February 2025.

Contact person for further information:

Paulius Nevinskas

Manager of the Investment Company

paulius.nevinskas@lordslb.lt

https://lordslb.lt/tewox_bonds/

The MIL Network –

April 2, 2025
MIL-OSI: Notice to convene Annual General Meeting
Source: GlobeNewswire (MIL-OSI)

Company announcement no. 3/2025

According to Art. 9.1 of the Articles of Association, notice is hereby given of the Annual General Meeting of Columbus A/S to be held on:

Tuesday 29 April 2025 at 10.00
at Columbus, Lautrupvang 6, 2750 Ballerup

Agenda:

1. Board of Directors’ report on the business of the Company during the past year.

2. Presentation and approval of the Annual Report.

3. Resolution on the appropriation of profit or covering of loss as recorded in the adopted Annual Report.

4. Presentation of and indicative ballot on the Remuneration Report.

5. Proposal to authorize the Board of Directors to acquire for the Company up to 10 per cent of the Company‘s share capital

6. Election of members of the Board of Directors

7. Election of one or two state authorized public accountants as auditors.

7.1. Election of state authorized public accountants as auditors
7.2. Election of state authorized public accountants as sustainability auditors

8. Any other business

Full wording of proposals

Re. item 1:
The Board of Directors proposes that the General Meeting takes note of the Board of Director’s report on the business of the Company during the past year.

Re. item 2:
The Board of Directors recommends that the Annual Report 2024 be approved.

Re. item 3:
The Board of Directors proposes that the General Meeting approves the Board of Directors’ proposal for the allocation of profit as stated in the Annual Report for 2024, including distribution of an ordinary dividend to shareholders of DKK 0.125 per share of DKK 1.25 (nom.), corresponding to total dividends of DKK 16,159,533.

Re. item 4:
The Board of Directors recommends that the General Meeting approves the Remuneration Report.

Re. item 5:
The Board of Directors proposes that the General Meeting authorizes the Board of Directors for a period of 18 months from the date of the General Meeting to acquire for the Company up to 10 per cent of the Company‘s share capital against payment which shall not deviate more than 10 per cent up or downwards from the latest listed price of the shares at Nasdaq Copenhagen prior to the acquisition.

Re. item 6:
The Board of Directors proposes re-election of the following Board members:

Ib Kunøe
Sven Madsen
Peter Skov Hansen
Karina Kirk
Per Kogut

For further information about the individual Board members, see Appendix 1.

Re. item 7.1:
The Board of Directors recommends that Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab, CVR-no. 33 77 12 31 be re-elected in accordance with the recommendation from the Audit Committee. The Audit Committee has not been influenced by third parties and has not been subjected to any agreement with third parties which limits the General Meeting’s election of certain auditors or auditing firms.

Re. item 7.2:
The Board of Directors recommends that Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab, CVR-no. 33 77 12 31 be elected to provide a statement on sustainability reporting in the management’s review in accordance with the recommendation from the Audit Committee. The Audit Committee has not been influenced by third parties and has not been subjected to any agreement with third parties which limits the General Meeting’s election of certain auditors or auditing firms.

Adoption requirements
For adoption of the proposals under the items 2, 3, 4, 5, 6 and 7 on the agenda simple majority is required.

Registration date
The date of registration is 22 April 2025, at 23:59 CET.
Only shareholders who possess shares in the Company at the expiration of the registration date are entitled to participate and vote at the Annual General Meeting. On expiry of the date of registration, the shares held by each of the Company‘s shareholders on the date of registration date is determined on the basis of the shares registered in the register of shareholders and duly evidenced notifications to the Company of share acquisitions not yet entered in the register of shareholders, but received by the Company before expiry of the date of registration.

Participation is furthermore conditional on the shareholder‘s punctual requisitioning of an admission card as described below.

Procedure for participating in and voting at the Company’s Annual General Meeting
Requisition of admission cards:
digitally via the Shareholder Portal on the Company’s website: cgr@columbusglobal.com.

Registration must reach Computershare A/S or the Company no later than Friday 25 April 2025 at 23:59 CET.

Ordered admission cards will be sent out by e-mail. This requires that your email address is registered on the Shareholder Portal, or that you register your e-mail address when ordering admission card via the Shareholder Portal. After registration, you will receive an electronic admission card. Bring your electronic version on your smartphone or tablet. If you have forgotten your admission card for the general meeting, it can be obtained against presentation of appropriate proof of identification. Ballot papers will be handed out at the entry point at the General Meeting.

Proxies:
Proxies can be granted:
digitally via the shareholder portal on the Company’s website: Information from the Company

No later than 7 April 2025 the following information will be available to the shareholders at the Company’s website
By the notice to convene annual general meeting Columbus A/S has registered a share capital of nominal DKK 161,595,330, corresponding to 129,276,264 shares of nominal DKK 1.25. Each share of nominal DKK 1.25 provides 1 vote.

Ballerup, April 2^nd, 2025
Board of Directors, Columbus A/S

Appendix 1: Election of members to the Board of Directors

Election of members to the Board of Directors and recruitment criteria
Pursuant to Columbus A/S’ Articles of Associations, the Board of Directors must consist of 3-7 members to be elected by the general meeting for a term of one year.

When nominating new Board members, management experience, professional and financial competencies needed to ensure that the Board has the necessary competencies to be able to manage the interests of the Company and thereby the shareholders are carefully assessed.

Besides competencies and qualification, new candidates are selected on the basis of criteria such as the need for seniority, renewal and diversity.

The Company’s Articles of Association do not include restrictions concerning the number of times a member is allowed to be re-elected to the Board of Directors. Seniority in itself is not a crucial criterion, but the Board of Directors finds that long seniority and thereby extensive experience for part of the Board members is highly beneficial to the company. Seniority combined with continuous renewal ensure a broad-based composition of the Board of Directors.

Gender, age and nationality are not qualifications alone, but are part of the total assessment of the competencies of a board candidate.

Information about proposed candidates
Below, competencies and directorships in other companies are described for each of the proposed candidates.

It is the Board of Director’s assessment that the proposed candidates represent the necessary competencies in the Board of Directors to ensure that the size, composition and competencies of the Board of Directors is such that constructive discussions and efficient decision-making process can be ensured during Board meetings.

Ib Kunøe
Born 1943
Chairman of the Board
Member of the Board since 2004, re-elected in 2024
Does not fulfill the Committee of Corporate Governance definition of independency

Education:
Holds an HD Graduate Diploma in Organisation and Management as well as a background as a professional officer (major).

Chairman of the Board for:
Consolidated Holdings A/S, X-Yachts A/S, X-Yachts Marina A/S, CALUM Ballerup K/S, CALUM Åbyhøj K/S, CALUM Værløse K/S, CALUM Rødovre K/S, Komplementarselskabet Åbyhøj ApS, Komplementarselskabet Værløse ApS, Komplementarselskabet Rødovre ApS, Komplementarselskabet Ballerup ApS

Member of the Board for:
Atrium Partner A/S

Special competencies:
Company management, including management of IT companies, development of and dealing with companies.

Sven Madsen
Born 1964
Member of the Board since 2007, re-elected in 2024
CFO in Consolidated Holdings A/S
Member of the Audit Committee
Does not fulfill the Committee of Corporate Governance definition of independency

Education:
Holds a Graduate Diploma in Financial and Management Accounting and an MSc in Business Economics and Auditing

Chairman of the Board for:
Atea ASA, CHV III ApS, Dansk Emballage A/S

Member of the Board for:
Consolidated Holdings A/S, core:workers AB, core:workers Holding A/S, X-Yachts A/S, X-Yachts Marina A/S, Ejendomsaktieselskabet af 1920 A/S, DAN-Palletiser Finans A/S, MonTa Biosciences ApS.

Special competencies:
General management, M&A, business development, economic and financial issues.

Peter Skov Hansen
Born 1951
Member of the Board since 2012, re-elected in 2024
Chairman of the Audit Committee
Transitioning from being independent to no longer fulfilling the Committee of Corporate Governance’s definition of independence due to the duration of the board tenure exceeding 12 years.

Education:
Completed State Authorized Public Accountant education in 1980, registered as non-practicing

Member of the Board for:
X-Yachts A/S

Special competencies:
Business development and financial, accounting and tax related issues.

Karina Kirk
Born 1971
Member of the Board since 2018, re-elected in 2024
Owner of KIRK & CO., Executive and board advisory
Fulfills the Committee of Corporate Governance definition of independency

Education:
Holds a Master of Science in International Business Administration (1996), NYU Stern School of Business, MBA selected classes (1994), Executive, Board Leadership and Governance (2017)

Member of the Board for:
Ringsted Olie A/S, BRO Kommunikation A/S

Special competencies:
General management, management of consulting companies, market and customer leadership, business development and business transformation.

Per Kogut
Born 1964
Member of the Board since 2022, reelected in 2024
Fulfills the Committee of Corporate Governance definition of independency

Education:
Per Kogut holds a Master, Public Administration & IT science from the University of Copenhagen.

Chairman of the Board for:
Digital Hub Denmark

Member of the Board for:
Loyal Solutions A/S, Loyal Solutions A/S, Enhance TopCo A/S, Enhance BidCo ApS, Relatable Consulting A/S and Automize A/S

Special competencies:
General management, management of consulting companies, market and customer leadership and business development.

Attachment
The MIL Network –
April 2, 2025
MIL-OSI Economics: Star Alliance: ITA Airways Set to Start Integration into Star Alliance

Source: Lufthansa Group

ITA Airways has officially received approval to start the integration process into Star Alliance following a verdict by the Star Alliance Chief Executive Board (CEB). Building on its induction into the Lufthansa Group earlier this year, this decision paves the way for its much anticipated entry into the world’s largest airline alliance. The onboarding process will now move at full throttle.

Celebrating the milestone, Star Alliance Chief Executive Officer Theo Panagiotoulias stated: “In early 2026, ITA Airways is expected to officially join the Star Alliance network as a full member. The decision by our Chief Executive Board underscores the strong confidence our members have in ITA Airways. As a gateway for Italy, its addition strengthens our global network, offering seamless and connected journeys to more travellers worldwide.”

Joerg Eberhart, CEO and General Manager of ITA Airways, said: “We are excited to join the Star Alliance network and to bring the excellence of Made in Italy into the alliance, further enhancing its global reach. This is a significant milestone in ITA Airways’ growth, and we look forward to offering our customers the future privileges of the world’s largest airline network.”

ITA Airways will add 360 daily flights to the Alliance network, further strengthening the Alliance’s footprint in the European region. The biggest growth will come from its home cities, especially Rome and Milan, which are currently served by 16 Star Alliance members collectively.

Leveraging their legacy within the Alliance, Lufthansa Group is mentoring ITA Airways through its integration journey into Star Alliance.

“I am proud that ITA Airways will become the fifth hub airline of the Lufthansa Group to join Star Alliance. As the mentor of the membership process, we will do our utmost to ensure a smooth and swift integration. ITA Airways’ future membership will provide Star Alliance customers with many new opportunities for personalised travel planning. I am confident that ITA Airways will be an excellent addition to the Star Alliance portfolio,” said Dieter Vranckx, Chief Commercial Officer of the Lufthansa Group.

Upon completing induction, the Star Alliance network will grow to 26 member airlines, offering over 18,000 daily flights connecting 192 countries.

About Star Alliance

Established in 1997 as the first truly global airline alliance, the Star Alliance network was founded on a customer value proposition of global reach, worldwide recognition, and seamless service. Since its inception, it has offered the largest and most comprehensive airline network, with a strong emphasis on enhancing the customer experience throughout the entire Alliance journey.

The member airlines are: Aegean Airlines, Air Canada, Air China, Air India, Air New Zealand, ANA, Asiana Airlines, Austrian, Avianca, Brussels Airlines, Copa Airlines, Croatia Airlines, EGYPTAIR, Ethiopian Airlines, EVA Air, LOT Polish Airlines, Lufthansa, Shenzhen Airlines, Singapore Airlines, South African Airways, SWISS, TAP Air Portugal, THAI, Turkish Airlines, and United.

Overall, the Star Alliance network currently offers 17,500 daily flights to over 1,150 airports in 189 countries. Further connecting flights are offered by Star Alliance Connecting Partner Juneyao Airlines.

Star Alliance Press Office:

+65 8729 6691; mediarelations@staralliance.com

About ITA Airways

ITA Airways is the Italian reference carrier. The Company is 59% owned by the Ministry of Economy and Finance and 41% by Deutsche Lufthansa AG. ITA Airways operates both passenger and cargo air transport services, providing Italy with high-quality connectivity to international destinations, supporting tourism and foreign trade, as well as domestic connectivity within the Country, also leveraging integrated mobility.

Through strong digitization of processes to ensure the best possible experience and personalized services, ITA Airways places customer service at the core of its strategy. This is combined with a commitment to sustainability, which encompasses environmental aspects (such as a young, technologically advanced fleet to reduce environmental impact), social aspects (a strong focus on its employees and the communities in which it operates), and governance aspects (integrating sustainability into internal strategies and processes).

For press information:

Pietro Caldaroni, Chief Communication Officer

Mail: media@ita-airways.com

About Lufthansa Group

Lufthansa Group is a global aviation group with worldwide operations and a total of more than 300 subsidiaries and equity investments. The company’s mission is to connect people, cultures, and economies in a sustainable manner. Furthermore, safety, quality, reliability, and innovation are main priorities. The Lufthansa Group comprises the Passenger Airlines and Aviation Services segments.

The Italian airline ITA Airways is the newest member of the Lufthansa Group, with the Group having a 41 percent stake in the airline. Now, the network carriers consist of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines and ITA Airways. These airlines offer their customers a premium experience, with high-quality products and services. The multi-hub strategy offers passengers a comprehensive route network along with the greatest possible flexibility for their journey. Eurowings is positioned as a carrier with an exclusive focus on point-to-point traffic on European short- and medium-haul routes. The Passenger Airlines segment also includes the regional airlines Lufthansa CityLine, Lufthansa City Airlines, Air Dolomiti, Edelweiss Air, Discover Airlines and the equity investment in SunExpress, the joint venture with Turkish Airlines. Since the summer of 2021, Discover Airlines has complemented the Lufthansa Group’s offering in the growing segment of leisure travel.

Aviation Services comprises the segments Logistics and MRO, as well as additional businesses, which in particular include Lufthansa Aviation Training and Lufthansa Systems.

The Lufthansa Group is currently investing in its onboard product, with both Lufthansa’s Allegris and SWISS Senses showcasing an entirely new travel experience. Lufthansa’s Allegris can already be experienced on certain long-haul routes. The full revamp will also include lounges, ground processes, individuality, and exclusivity.

Lufthansa Airlines, SWISS, Austrian Airlines and Brussels Airlines are already members of the Star Alliance.

For press information:

Thomas Jachnow, Senior Manager Media Relations

Deutsche Lufthansa AG

lufthansa-group@dlh.de

MIL OSI Economics –

April 2, 2025
MIL-OSI: IceMOS Technology Closes $22 Million Series E Investment to Fund Launch of New Power Semiconductor Device Technology mSJMOS

Source: GlobeNewswire (MIL-OSI)

PARADISE VALLEY, Ariz., April 02, 2025 (GLOBE NEWSWIRE) — Semiconductor manufacturer, IceMOS Technology Corporation today announced it has completed Series E funding from a London-based investor, 57 Stars LLC , and earlier stage USA investors.

The company headquartered in Paradise Valley, Arizona, has a manufacturing center of excellence located in Northern Ireland, an advanced research innovation center in Arizona, and a design center in Tokyo, Japan. IceMOS Technology is an industry-leading developer of next generation silicon power devices. These products, called mSJMOS^TM, are developed using a novel semiconductor technology based on IceMOS Intellectual Property of which the company holds over 70 patents. The silicon-based mSJMOS^TM, exhibits a new phenomenon resulting from the integration of Silicon MEMS manufacturing techniques with mature node CMOS Super-junction Power MOSFET structures resulting in power MOSFETs that deliver dramatic semiconductor energy efficiency.

The investment, which values IceMOS at a market capitalization of $110 million USD (£85million) post money, will enable IceMOS to increase strategic manufacturing in Northern Ireland, device design capability, applications engineering, marketing and sales worldwide as it starts preparation to launch mSJMOS^TM platforms.

“Our sensing and power technologies are paving the way for more energy-efficient and CO2-saving solutions that support decarbonization,” said Dr. Samuel J. Anderson, MBE, IceMOS Technology Founder and Chairman. “Products based on this advanced technology represents a new class of semiconductors, essential to serve the efficiency demands of the massively complex market segments like artificial intelligence (AI), internet of things (IoT), big data, renewables wind and solar, electric vehicles and aerospace applications. The merging of mSJMOS^TM structures and MEMS manufacturing techniques presents a revolutionary silicon-based technology that can compete with wideband gap devices at 650 Volts, 750Volts, 900Volts, and 1200Volts.”

IceMOS will be expanding its global workforce to more than 100 employees on post funding. IceMOS is pleased to announce that Niall Lyne has accepted the position of IceMOS Chief Operating Officer and Executive Vice President, Global Sales. Niall an Industry veteran held numerous positions with Analog Device, Inc., Intersil and more recently Renesas Electronics. In this position, he will be responsible for optimizing company objectives, operations, and revenue growth.

The new Investors in the IceMOS Series E attended the Northern Ireland Investment Summit in September 2023 which was a collaboration by the Department for Business and Trade, the Northern Ireland Office, and Invest Northern Ireland, which hosted around 200 investors from across the world to visit Belfast with the aim of turbocharging inward investment into all corners of Northern Ireland.

Secretary of State for Northern Ireland Hilary Benn said: “Northern Ireland’s track record of delivering innovation, its supportive business environment, competitive operating costs and the creative ingenuity of its people make it an attractive destination for businesses of all sizes to start up and scale up. Northern Ireland has huge potential for significant economic growth, so it’s great to see IceMOS secure this funding as a result of the Northern Ireland Investment Summit, leading to investment and job creation.”

Dr. Caoimhe Archibald, Minister for the Economy, added: “IceMOS Technology’s multi-million funding success showcases the North’s strengths in advanced manufacturing and engineering. This investment highlights the confidence global investors have in the North and aligns with my vision to drive innovation, productivity, and technological advancement. The 2023 Investment Summit played a key role in showcasing the opportunities here and it’s encouraging to see significant outcomes like this. I look forward to seeing IceMOS continue to push the boundaries of semiconductor technology, creating high-value jobs in West Belfast and pioneering solutions in sectors from AI to renewable energy.”

Bernard McGuire, Managing Director of 57 Stars LLC: “IceMOS’ new architecture for silicon semiconductors represents break-through technology for power management systems in high-growth sectors such as electric vehicles and data centers,” said Bernard McGuire, Managing Director of 57 Stars. “The hiring of industry veteran Niall Lyne both validates the strength and potential of its innovative products and enhances the management team to start scaling the business.” 57 Stars is the largest investor in this round of financing, having committed $7.5 million dollars. McGuire further commented: “Given the company sits squarely in our sustainability and technology focus sectors, 57 Stars invested in IceMOS out of multiple private equity funds we manage and are thrilled to be partnering with and supporting the Company at this pivotal moment for its growth and development.” 57 Stars was supported by EY on financial and tax due diligence, Tughans LLP and Purrington Moody Weil LLP on legal advisory, and SLR Consulting on environmental, health, and safety (EHS) due diligence assessment.

Hugh Griffin, Chief Sales Officer (Eng Sub & Sensor Products) & Chief Strategy Officer, IceMOS Technology: “Building on our 2024 ‘Made in the UK, Sold to the World’ award, this investment will further strengthen our manufacturing excellence in Belfast, expand our global workforce, and deepen our export footprint—already serving hundreds of customers worldwide. As a leader in advanced semiconductor exports, we are poised to diversify markets, enhance R&D, and deliver cutting-edge solutions that solidify the UK’s position as a hub for high-tech innovation. Together with our investors and partners, we’re not just scaling operations; we’re powering a sustainable future.”

About IceMOS Technology
IceMOS is an equity-financed private Delaware semiconductor corporation and manufacturer of a new class of Silicon MEMS based Power MOSFETs and Sensing Device technology that serves wide-ranging applications anywhere that power efficiency and sensing matters. The company has a manufacturing center of excellence located in Belfast, Northern Ireland, an advanced research innovation center in Arizona, and a design center in Tokyo, Japan.

Company and Media Contact:
Brenda Monaghan
Investor Relations
IceMOS Technology
Email: brendamonaghan@icemostech.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5c918f39-bf4f-4b25-989a-7aade69e17eb

The MIL Network –

April 2, 2025
MIL-OSI: Municipality Finance issues SEK 1 billion tap under its MTN programme

Source: GlobeNewswire (MIL-OSI)

Municipality Finance Plc
Stock exchange release
2 April 2025 at 10:00 am (EEST)

Municipality Finance issues SEK 1 billion tap under its MTN programme

On 3 April 2025 Municipality Finance Plc issues a new tranche in an amount of SEK 1 billion to an existing series of notes issued on 21 February 2025. With the new tranche, the aggregate nominal amount of the notes is SEK 2.5 billion. The maturity date of the benchmark is 21 February 2028. The notes bear interest at a floating rate equal to 3-month Stibor plus 150 bps per annum.

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

MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 3 April 2025. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

Danske Bank A/S act as the Dealer for the issue of the notes.

MUNICIPALITY FINANCE PLC

Further information:

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

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

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

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

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

Important Information

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

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

The MIL Network –

April 2, 2025
MIL-OSI: Offentliggørelse af prospekt for Investeringsforeningen Nordea Invest
Source: GlobeNewswire (MIL-OSI)

Med virkning fra den 2. april 2025 offentliggøres prospekt for Investeringsforeningen Nordea Invest.

Prospektet er opdateret som følger:
- Genberegnede emissionstillæg og indløsningsfradrag for en række afdelinger, herunder andelsklasser
- Valutarisiko tilføjet i afsnittet om risikoprofil
Prospektet kan findes på https://www.nordeafunds.com/da/vores-fonde

Med venlig hilsen
Nordea Fund Management, filial af Nordea Funds Oy, Finland

Rasmus Eske Bruun
Filialbestyrer

The MIL Network –
April 2, 2025
MIL-OSI: Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025 – Nykredit Realkredit A/S
Source: GlobeNewswire (MIL-OSI)

THIS ANNOUNCEMENT IS PUBLISHED PURSUANT TO SECTIONS 9(3)-(5) AND SECTION 21(3) OF EXECUTIVE ORDER NO. 636 OF 15 MAY 2020

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

Publication of supplement concerning extension of offer period for Nykredit’s recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025

2 April 2025

Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025

In accordance with section 4(1) of the Danish Takeover Order¹, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public tender offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion.

On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order. In the Offer Document, the offer period was set to expire on 19 February 2025 at 23:59 (CET) (the “Initial Offer Period”). The Initial Offer Period was subsequently extended to 20 March 2025, and on 19 March 2025, Nykredit published a supplement to the Offer Document, which extended the offer period to 3 April 2025 at 23:59 (CEST).

Today, Nykredit published a supplement (the “Supplement”) to the Offer Document, which further extends the offer period for the Offer. The Supplement has been approved by the Danish FSA on 2 April 2025 in accordance with section 9(3)-(5) of the Danish Takeover Order. The Supplement should be read in conjunction with the Offer Document and the previous supplements as published on 18 February and 19 March 2025.

With this Supplement, Nykredit further extends the offer period, such that the Offer will expire on 24 April 2025 at 23:59 (CEST). Subsequently, any reference to the “Offer Period” in the Offer Document or other documents relating to the Offer will refer to the period commencing on the day of publication of the Offer Document on 8 January 2025 and ending on 24 April 2025 at 23:59 (CEST) (the “Extended Offer Period”).

The purpose of the extension is to provide Nykredit with time to obtain the approval from the Danish Competition and Consumer Authority required to complete the Offer. If the approval from the Danish Competition and Consumer Authority has not been granted by the expiry of the Extended Offer Period, Nykredit expects to extend the offer period further.

The extension of the offer period entails that the expected completion of the Offer and settlement of the offer price to the Spar Nord Bank shareholders who have accepted the Offer will be extended correspondingly. Completion is subsequently expected to take place on 2 May 2025 (provided that the offer period is not extended further).

This will result in an adjustment of the offer price in accordance with section 6.2 of the Offer Document, such that the offer price is increased by DKK 0.50 per share to DKK 210.50.

The increase of the offer price affects all Spar Nord Bank shareholders who have already given their accept of the Offer and all Spar Nord Bank shareholders who accept the Offer following publication of the Supplement. Spar Nord Bank shareholders who have already accepted the Offer thus do not have to take further action.

At the time of this announcement, Nykredit holds 32.79 per cent of the shares in Spar Nord Bank.

In the supplement dated 19 March 2025 to the Offer Document, Nykredit announced that a preliminary compilation of the acceptances that Nykredit had information about showed that, including the irrevocable undertakings, acceptances corresponding to more than 46 per cent of the share capital of Spar Nord Bank had been submitted, and that Nykredit’s ownership interest in Spar Nord Bank, together with the irrevocable undertakings and the binding acceptances submitted that Nykredit had information about, totalled more than 80 per cent of the total share capital (excluding treasury shares) of Spar Nord Bank, indicating that the 67 per cent acceptance limit stated in the Offer has been reached.

The final result of the Offer will be determined on expiry of the offer period and published in accordance with section 21(3) of the Danish Takeover Order.

Nykredit intends to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders, provided that Nykredit has obtained the necessary ownership interest, and the Offer has been completed. Spar Nord Bank shareholders who have opted not to accept the Offer, should expect that Nykredit, provided that the Offer is completed, will take steps to combine Nykredit Bank A/S and Spar Nord Bank, which will result in a further increase in Nykredit’s ownership interest in Spar Nord Bank. Not later than in continuation of the combination, Nykredit thus expects to hold a sufficient ownership interest to be able to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders.

The full terms and conditions of the Offer are contained in the Offer Document as amended by the Supplement. The Offer Document and the Supplement are published in the Danish FSA’s OAM database: https://oam.finanstilsynet.dk/ and can also, with certain restrictions, be accessed at https://www.nykredit.com/kobstilbud-spar-nord/ and https://www.sparnord.dk/investor-relations/overtagelsestilbud.

About Spar Nord Bank

Spar Nord Bank was founded in 1824 and is now a nationwide bank with 58 branches. Spar Nord Bank offers all types of financial services, consultancy and products, focusing its business on retail customers and primarily small and medium-sized enterprises (SMEs) in the local areas in which the bank is represented. The bank is also focused on leasing operations and large corporate customers, which are both business areas handled by the head offices.

Spar Nord Bank has historically been rooted in northern Jutland and continues to be a market leader in this region. However, in the period from 2002 to 2024, Spar Nord Bank has established and acquired branches outside northern Jutland. Over the course of the years, the bank has adjusted its branch network in an ongoing process and now has a nationwide distribution network comprising 58 branches. These 58 branches are distributed on 32 banking areas, each of which is headed by a manager reporting directly to the bank’s executive board.

The Spar Nord Bank Group consists of two earnings entities: Spar Nord Bank’s branches and the Trading Division. As an entity, the Trading Division serves customers from Spar Nord Bank’s branches as well as large retail customers and institutional clients in the field of equities, bonds, fixed income and forex products, asset management and international transactions. Finally, under the concept Sparxpres, the bank offers consumer loans to personal customers through Sparxpres’ platform as well as debt consolidation loans and consumer financing via retail stores and gift voucher solutions via shopping centres and city associations.

About Nykredit

Nykredit Realkredit A/S (“Nykredit”) is a public limited company incorporated under the laws of Denmark, company reg. (CVR) no. 12 71 92 80, having its registered office at Sundkrogsgade 25, 2150 Nordhavn, Denmark. Nykredit is a mortgage credit institution and, together with its wholly-owned subsidiary Totalkredit A/S, is a market leader of the Danish mortgage credit market with a market share of some 45.2 per cent. Nykredit offers mortgage financing for private individuals and businesses.

Nykredit is part of the Nykredit Group, which historically dates back to 1851. In addition to carrying on mortgage credit business, the Group carries on banking business through Nykredit Bank – including banking and wealth management operations – and has a total of around 4,000 employees in Denmark.

Nykredit is owned by an association of the Nykredit Group’s customers, Forenet Kredit. Forenet Kredit owns close to 80 per cent of Nykredit’s shares. Other major shareholders are five Danish pension funds: Akademikernes Pension AP Pension, PensionDanmark, PFA and PKA.

Nykredit is known for the advantages offered through the association. Forenet Kredit makes capital contributions to the Nykredit Group when times are good, and Nykredit has decided to pass these on to its customers.

Since, 2017, Forenet Kredit has paid over DKK 8 billion in capital contributions to the Nykredit Group, and in the period to 2027, Forenet Kredit has provided a further DKK 7 billion.

Questions and further information

Any questions concerning the Offer may be directed to:

Nykredit Bank A/S

Company reg. (CVR) no.: 10 51 96 08

Sundkrogsgade 25

2150 Nordhavn
Denmark

Telephone: +45 7010 9000

and

Carnegie Investment Bank

Filial af Carnegie Investment Bank AB (publ), Sverige

Company reg. (CVR) no. 35 52 12 67

Overgaden Neden Vandet 9B

1414 Copenhagen K
Denmark

E-mail: annette.hansen@carnegie.dk

For further information about the Offer, please see: https://www.nykredit.com/kobstilbud-spar-nord/.

This announcement and the Offer Document (with supplements) are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document (with supplements) approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

Restricted jurisdictions

The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this announcement, the Supplement, the Offer Document or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the laws of such jurisdiction, including securities laws. It is the responsibility of all Persons obtaining this announcement, the Supplement, the Offer Document, earlier supplements, an acceptance form and/or other documents relating to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this announcement, the Supplement or the Offer Document to shareholders outside Denmark, the United States and the United Kingdom is consistent with applicable law in any jurisdiction other than Denmark, the United States and the United Kingdom.

Important Information for Shareholders in the United States

The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.

1 Executive Order no. 636 of 15 May 2020

Attachments
- Announcement of extension of the Offer Period 2 April 2025
- Supplement to the Offer Document 2 April 2025
The MIL Network –
April 2, 2025
MIL-OSI Russia: Scientists from Novosibirsk State University presented new type of training devices for forensic experts

Translartion. Region: Russians Fedetion –

Source: Novosibirsk State University – Novosibirsk State University –

The II International Scientific and Analytical Forum “Digital Law” was held at the “Boiling Point – Novosibirsk” of Academpark. The event was organized by Novosibirsk State University (Institute of Philosophy and Law), Institute of Philosophy and Law of the Siberian Branch of the Russian Academy of Sciences and the Law School of Heilongjiang University (PRC).

— We hold many joint events with the Institute of Philosophy and Law of the Siberian Branch of the Russian Academy of Sciences, but today, thanks to cooperation with Heilongjiang University, we are already reaching the international level of discussing the problems of legal regulation in the field of information technology. The Forum program includes many reports on various aspects of digital law. And all this suggests that its topic is becoming more and more relevant every year, the emergence of new technologies entails the emergence of new tasks and conflicts that need to be resolved with the help of legal mechanisms, — noted Vladimir Diev, Director of the Institute of Philosophy and Law of NSU, Doctor of Philosophy, Professor, in his speech.

The forum program opened with a report by Doctor of Law, Professor of the Department of Criminal Law, Criminal Procedure and Forensic Science at NSU Roman Borovskikh, dedicated to the university’s developments in the field of new technologies for training future forensic scientists.

— Forensic science is an applied science, it requires honing certain skills, which is best done at a testing ground. But it is not always possible to create a full-scale, physical testing ground, and here its virtual version comes to the rescue. Simulators are used in many areas of training specialists — in cosmonautics, medicine, and others. We have applied this approach in jurisprudence, — he said.

Modeling of training scenarios on simulators is carried out in several directions. First of all, lines of models are built on the investigation of different types of crimes: violent against the person (murder, rape, etc.), property (various thefts), economic, official, etc. Within each such line there is a gradation depending on a specific situation in which the investigation takes place – place, time, situation, etc.

— Our simulators are based on the idea of a computer game, a quest, but at the same time they incorporate the entire arsenal of forensic tools for investigation, evidence collection, verification of versions, and so on. That is, they allow you to simulate the situation of investigating certain types of crimes in a game form. And the first lessons on them have already aroused great interest not only among students, but also among our fellow practitioners and scientists, — emphasized Roman Borovskikh.

In addition to NSU students, participants of the first international student festival of cybercriminology were able to work on cyber simulators CRIMELABE Fest-2024, organized by the university last fall. The event was a success, and Roman Borovskikh invited all the forum participants to take part in the next festival, which will take place approximately in September 2025.

It can be expected that by that time the list of situations simulated on virtual training grounds will expand even more – simulator developers are constantly improving their product.

— Not long ago, we formed a working group, which included university employees as theorists and employees of the Investigative Committee as practitioners. The goal is to improve this educational technology. In particular, we added to the range of simulated situations the investigation of an airliner crash, sabotage at infrastructure facilities. And we continue this work. I think we will be able to show a lot of interesting things at the next festival, — Roman Borovskikh summed up.

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

MIL OSI Russia News –

April 2, 2025

MIL-OSI: ICG Enterprise Trust executes secondary sale

Source: GlobeNewswire (MIL-OSI)

2 April 2025

ICG Enterprise Trust executes secondary sale

ICG Enterprise Trust (“ICGT”) is pleased to announce the sale of eight mature primary fund investments, generating net cash proceeds of £62 million.

The sale was executed at a discount of 5.5% to the 30 September 2024 valuation, having received significant buyer interest. It realises a return of 1.6x invested cost (15% IRR) to ICGT, and releases undrawn commitments of £10m.

The proceeds have been received and will be deployed into opportunities in line with ICGT’s investment objectives and capital allocation policy.

Oliver Gardey and Colm Walsh, Portfolio Managers for ICG Enterprise Trust, commented:
“This is the fourth time in the last five years that ICGT has executed a secondary sale of mature fund investments, as part of our active approach to managing our Portfolio and our focus on maximising shareholder returns.

These eight primary fund investments, with vintage years ranging from 2014 to 2020, delivered good returns in aggregate for ICGT but we believe have limited future potential relative to other opportunities.

This sale allows ICGT to take advantage of a strong pricing environment and enables us to redeploy this capital into opportunities that we believe will generate additional long-term value for our shareholders.”

Enquiries

Analyst / Investor enquiries:
Martin Li, Shareholder Relations, ICG	+44 (0) 20 3545 2020
Nathan Brown, Deutsche Numis	+44 (0) 20 7260 1426
David Harris, Cadarn Capital	+44 (0) 20 7019 9042
Media:
Clare Glynn, Corporate Communications, ICG	+44 (0) 20 3545 1395
Website:
www.icg-enterprise.co.uk

About ICG Enterprise Trust

ICG Enterprise Trust is a leading listed private equity investor focused on creating long-term compounding growth by delivering consistently strong returns through selectively investing in profitable, cash-generative private companies, primarily in Europe and the US.

We invest in companies directly as well as through funds managed by ICG and other leading managers who focus on creating long-term value and building sustainable growth through active management and strategic change.

We have a long track record of delivering strong returns through a flexible mandate and highly selective approach that strikes the right balance between concentration and diversification, risk and reward.

Disclaimer

This report may contain forward looking statements. These written materials are not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption therefrom. The issuer has not and does not intend to register any securities under the US Securities Act of 1933, as amended, and does not intend to offer any securities to the public in the United States. No money, securities or other consideration from any person inside the United States is being solicited and, if sent in response to the information contained in these written materials, will not be accepted.

Although this investment does not amount to price sensitive material information, ICG Enterprise Trust is making this information public on an illustrative basis to aid with market understanding of our portfolio. Similar announcements may be made in respect of future non-material investments.

The MIL Network –

April 2, 2025

MIL-OSI: Haffner Energy successfully achieves €7M Capital Increase through ABSA issuance with preferential subscription rights (PSR)

Source: GlobeNewswire (MIL-OSI)

Haffner Energy successfully achieves €7M Capital Increase through ABSA issuance with preferential subscription rights (PSR)

Vitry-le-François, France – April 2, 2025, 08:00 am (CET) – Haffner Energy (ISIN: FR0014007ND6 – Ticker: ALHAF) (the “Company“) announces the success of its €6,995,496M cash Capital Increase with preferential subscription rights (the “PSR“) through the issuance of 17,488,744 New Shares with share subscription warrants (the “ABSA” or “Warrants”) (the “Capital Increase“). The free float share is extended to 24.75% of the capital.

Philippe Haffner, Co-Founder and Chief Executive Officer of Haffner Energy, said:

“Thanks to the renewed support of many of our long-standing shareholders, whom we thank, and the arrival of new investors, this Operation reached our 7-million-euro target. This reflects the confirmed confidence in our value proposition and in the evolution in our positioning: well beyond hydrogen, our presence in four markets enables us not only to significantly broaden our addressable market and better diversify risks, but also to position ourselves on more immediate opportunities.

This Capital Increase gives us a financing horizon of 12 months, sufficient to cover the ramp-up phase, irrespective of revenues from expected orders. This gives us the resources we need to roll out our roadmap and accelerate our development in our strategic markets, in particular by activating the full potential of our Marolles site.

The transaction will also enable us to double the proportion of free float in the capital, while limiting the dilutive impact for shareholders who have not subscribed (28% to date).

The Warrants (BSA) allocated on the occasion of the Capital Increase, exercisable from April 3, 2026, for a period of six months, are likely to generate up to 7 million euros in additional resources for Haffner Energy from April 2026. We are confident that the Company’s momentum will make the exercise of these warrants very attractive.

We are convinced that the major differentiating factors we bring to the table, combined with our technological maturity, place us on a path of sustainable growth. With a sales pipeline of 1.55 billion euros, which translates into a weighted sale pipeline of 388 million euros, our objectives are to reach breakeven EBITDA by March 31, 2026. We also aim to position Haffner Energy as a leader in the global energy transition in its market segments, thanks to our unique expertise in creating value from biomass.”

Results of the Capital Increase with PSR

At the end of the subscription period ending March 28, 2025, the irreducible demand amounted to 10,253,133 shares, i.e. 58.63% of the ABSA to be issued; the reducible demand, served entirely, represented 4,657,094 ABSA, i.e. 26.63% of the ABSA to be issued. Finally, subscriptions on an unrestricted basis, served in full, amounted to 353,463 ABSA, i.e. 2.02% of the ABSA to be issued.

As a result, and as specified in the press release announcing the launch of the Capital Increase, the institutional investors who had given a guarantee were partially called for a total number of shares corresponding to 2,225,054 ABSA, i.e. 12.72% of the ABSA to be issued, representing a total subscription amount of €890,020. Investors who had given a guarantee commitment were served up to 83.18%.

The gross amount of the Capital Increase thus recorded by the Board of Directors at its April 1, 2025 meeting amounts to €6,995,496, including €699,549.60 in nominal value and €6,295,946.40 in issue premium, and results in the issuance of 17,488,744 ABSA, at a subscription price of €0.40 per share, including €0.10 in nominal value and €0.30 in issue premium.

In addition, a total number of 17,488,744 Warrants (BSA) were issued, allowing the Company to raise, in the event of the exercise of all the Warrants, an additional amount of €6,995,498 between 04/04/2026 and 10/04/2026. The characteristics of the BSA are recalled below.

The ABSA were issued in the context of the 7th resolution adopted at the Combined Shareholders’ Meeting of September 12, 2024, in accordance with the delegation of authority granted by the Company’s shareholders to proceed with a Capital Increase.

Use of the funds

This fundraising will allow the Company to finance its activities until the end of March 2026, excluding the effect of potential contract signatures expected during this period. This cash horizon also takes into account the cost reductions undertaken by the Company, which significantly cap the average monthly cash burn, excluding revenues and non-recurring expenses, under €600k to date (compared to €1M as indicated in the half-year results press release published on December 17, 2024).

The cash runway also includes the receipt of innovation aid in the form of a loan (Innovation – Research and Development Loan) in the amount of €500k granted by Bpifrance (and received at the beginning of March 2025), relating to the project for a hydrogen production, testing and training center in Marolles, bringing the total public funding obtained for this project to €1.5M (cf. press release and November 22, 2024 media kit).

Retention and Withholding Commitments

In the context of the Capital Increase, HAFFNER PARTICIPATION and EUREFI, long-standing shareholders of the Company, holding directly and jointly 52.73% of the share capital and 59.69% of the voting rights before the Capital Increase, have entered into a 180-day lock-up commitment covering all the shares they hold prior to the Capital Increase, subject to the usual exceptions.

Haffner Energy has committed not to issue new shares after the Capital Increase for 180 days, except for customary exceptions.

BSA (« Warrants ») characteristics

Number of Warrants issued: 17,488,744 (i.e. one (1) Warrant per ABSA)
Exercise parity: 3 Warrants will allow the subscription to one (1) New Share, subject to legal adjustments
Subscription price of the New Shares upon exercise of the Warrants: €1.20
Listing of the Warrants: Yes (ISIN code FR001400Y4X9)
Maturity: 18 months from the date of issuance of the ABSA
Exercise period: from 04/04/2026 to 04/10/2026 inclusive

Exercising all 17,488,744 warrants would ultimately represent a potential capital increase of €6,995,498 gross.

Impact of the issue on shareholders’ position and voting rights

Following the issuance of the ABSA, the Company’s share capital will consist of 62,182,201 shares with a nominal value of €0.1 each. It will be distributed as follows:

	Before Capital Increase				After Capital Increase
	Number of Shares	Capital %	Voting Rights	Exercisable Voting Rights %	Number of Shares	Capital %	Voting Rights	Exercisable Voting Rights %
Haffner Participation	17 824 000	39,88%	35 648 000	45,15%	20 199 000	32,48%	38 023 000	39,42%
Eurefi	5 741 600	12,85%	11 483 200	14,54%	8 311 600	13,37%	14 053 200	14,57%
*Concert sub-total*	*23 565 600*	*52,73%*	*47 131 200*	*59,69%*	*28 510 600*	*45,85%*	*52 076 200*	*53,99%*
Vicat	1 175 000	2,63%	1 175 000	1,49%	3 675 000	5,91%	3 675 000	3,81%
Eren Industries	1 000 000	2,24%	2 000 000	2,53%	1 391 302	2,24%	2 391 302	2,48%
Kouros	11 826 112	26,46%	21 920 542	27,76%	11 826 112	19,02%	21 920 542	22,73%
HRS	1 000 000	2,24%	1 000 000	1,27%	1 000 000	1,61%	1 000 000	1,04%
Free float	5 736 238	12,83%	5 736 238	7,26%	15 388 680	24,75%	15 388 680	15,95%
Self-holding	390 507	0,87%	–	0,00%	390 507	0,63%	–	0,00%
Total	44 693 457	100%	78 962 980	100%	62 182 201	100%	96 451 724	100%
	After Capital Increase				After Warrants exercise
	Number of Shares	Capital %	Voting Rights	Exercisable Voting Rights %	Number of Shares	Capital %	Voting Rights	Exercisable Voting Rights %
Haffner Participation	20 199 000	32,48%	38 023 000	39,42%	20 990 666	30,86%	38 814 666	37,95%
Eurefi	8 311 600	13,37%	14 053 200	14,57%	9 168 266	13,48%	14 909 866	14,58%
*Concert sub-total*	*28 510 600*	*45,85%*	*52 076 200*	*53,99%*	*30 158 932*	*44,34%*	*53 724 532*	*52,53%*
Vicat	3 675 000	5,91%	3 675 000	3,81%	4 508 333	6,63%	4 508 333	4,41%
Eren Industries	1 391 302	2,24%	2 391 302	2,48%	1 521 736	2,24%	2 521 736	2,47%
Kouros	11 826 112	19,02%	21 920 542	22,73%	11 826 112	17,39%	21 920 542	21,43%
HRS	1 000 000	1,61%	1 000 000	1,04%	1 000 000	1,47%	1 000 000	0,98%
Free float	15 388 680	24,75%	15 388 680	15,95%	18 606 160	27,36%	18 606 160	18,19%
Self-holding	390 507	0,63%	–	0,00%	390 507	0,57%	–	0,00%
Total	62 182 201	100%	96 451 724	100%	68 011 780	100%	102 281 303	100%

The dilutive impact of the Capital Increase, as indicated in the press release, is shown below:

Shareholder’s Participation (%)
Before ABSA issuance	1%
After issuance of 17,488,744 ABSA through the Capital Increase	0.72%
After issue of 17,488,744 ABSA through the Capital Increase and exercise of the 17,488,744 Warrants (5,829,581 Shares created)	0.66%

Global Coordinator and Bookrunner

Gilbert Dupont, Groupe Societé Générale, is acting as sole Global Coordinator and Bookrunner in connection with the Capital Increase (the ” Sole Global Coordinator and Bookrunner “).

About Haffner Energy

Haffner Energy is a French company providing solutions for the production of competitive clean fuels. With 32 years of experience converting biomass into renewable energies, it has developed innovative proprietary biomass thermolysis and gasification technologies to produce renewable gas, hydrogen and methanol, as well as Sustainable Aviation Fuel (SAF). The company also contributes to regenerating the planet, through the co-production of biogenic CO₂ and biocarbon (or char/biochar). Haffner Energy is listed on Euronext Growth. (ISIN code: FR0014007ND6 – Ticker: ALHAF).

Investor relations

investisseurs@haffner-energy.com

Media relations

Attachment

2025 04 02_PR Haffner Energy_Capital Increase Results

The MIL Network –

April 2, 2025

MIL-OSI: 2024 Annual Report and Accounts and 2025 Notice of Annual General Meeting

Source: GlobeNewswire (MIL-OSI)

LEI: 213800ZBKL9BHSL2K459

2 April 2025

OSB GROUP PLC
(the Company)

2024 Annual Report and Accounts and 2025 Notice of Annual General Meeting

In accordance with Listing Rule 6.4.1R the Company has submitted today the Annual Report and Accounts for the year ended 31 December 2024 and the 2025 Notice of Annual General Meeting (AGM) and Form of Proxy to the National Storage Mechanism, and it will be available for inspection shortly in unedited full text at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

The Annual Report and Accounts for the year ended 31 December 2024 can be viewed on the Company’s website at https://www.osb.co.uk/investors/results-reports-presentations and 2025 Notice of Annual General Meeting can be viewed on the Company’s website at https://www.osb.co.uk/investors/shareholder-services/agm-information

The AGM will be held at 90 Whitfield Street, Fitzrovia, London W1T 4EZ on Thursday, 8 May 2025 at 11.00am.

Enquiries:

Dionne Mortley-Forde	t: 01634 848 944
Group Head of Governance & Secretariat

Investor relations
Alastair Pate Group Head of Investor Relations Email: osbrelations@osb.co.uk	t: 01634 838973

Brunswick
Robin Wrench / Simone Selzer	t: 020 7404 5959

Notes to Editors

About OSB GROUP PLC

OSB began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. On 4 October 2019, OSB acquired Charter Court Financial Services Group plc and its subsidiary businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and holding company for the OSB Group. The Group provides specialist lending and retail savings and is authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Group reports under two segments, OneSavings Bank and Charter Court Financial Services.

The MIL Network –

April 2, 2025

MIL-OSI: Whop Levels Up with Iman Gadzhi as Co-Owner and Investor

Source: GlobeNewswire (MIL-OSI)

NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Whop, the all-in-one digital marketplace for creators and entrepreneurs, has welcomed serial entrepreneur and investor Iman Gadzhi as a co-owner, and strategic partner. Iman’s extensive experience in digital education and content-driven business growth will accelerate Whop’s mission to empower the next generation of online creators.

Iman Gadzhi joins Whop as a co-owner, bringing his expertise in digital business, online education, and content-driven growth. Whop is set to process over $1Bn in payments annually with creators earning an average of $8,413 per month.

As a co-owner, Iman will take a hands-on role in expanding Whop’s reach, bringing his suite of digital products onto the platform and working closely with the team to scale operations. With millions of followers and a proven track record in digital business, his addition marks a significant milestone in Whop’s journey to becoming the leading marketplace for monetizable skills, software, and communities.

By investing in Whop, Iman joins legendary investor Peter Thiel, as well as The Chainsmokers and Insight Partners, further cementing Whop’s position as a powerhouse in the digital commerce space.

Whop is already at the forefront of digital commerce, set to process over $1Bn in payments annually and offering a platform where creators can sell everything from SaaS tools and online courses to exclusive communities and digital downloads. The average creator on Whop leverages the platform’s built-in analytics, secure transactions, and flexible payment options.

With its robust ecosystem of tools, seamless payment processing, and a rapidly growing network of top-tier creators, Whop is redefining what’s possible in the digital marketplace. The addition of Iman Gadzhi signals a new era of growth and innovation for the platform and its community of entrepreneurs.

About Iman Gadzhi:

Iman Gadzhi is a serial entrepreneur, investor and founder of Educate an online learning platform and BIG DAY, a lifestyle brand. As an early adopter of ‘personal branding’, Iman shares his business journey to millions of followers across YouTube, Instagram and TikTok. An advocate for universal education, Iman has a strong philanthropic record, funding the construction of multiple schools in Nepal.

About Whop:

Whop is the all-in-one digital marketplace empowering creators and entrepreneurs to sell their expertise, products, and services online. Founded by Steven Schwartz, Cameron Zoub, and Jack Sharkey in 2021, Whop enables users to monetize everything from online courses and SaaS tools to exclusive communities and digital products. Backed by top investors such as Peter Thiel, The Chainsmokers, and Insight Partners, and set to process over $1Bn in sales, Whop is redefining digital commerce by making it easier than ever to start, scale, and succeed in the online economy.

Whop’s mission is to create the ultimate one-stop marketplace for digital products, communities, and services, giving entrepreneurs, creators, and businesses the tools they need to monetize their expertise, scale their brands, and thrive in the evolving digital economy.

For media enquiries:

Company Name: Educate.io
Media Contact: Ciaran Anderson
Email: ciaran@educate.io
Website: https://educate.io/
Source: Educate

Disclaimer: This press release is provided by the Whop. 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. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. 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. 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.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6b71b530-f1ca-4880-bb90-46cf30a2df7b

https://www.globenewswire.com/NewsRoom/AttachmentNg/19403d01-bf4b-47fc-aae3-47e12a81806d

The MIL Network –

April 2, 2025
MIL-OSI Banking: ADB’s Work in Water: Overview of Water Operations

Source: Asia Development Bank

Transcript

Water is life. It quenches our thirst, powers our progress, and feeds nature.

With countless rivers, vast oceans, and thundering storms, water can seem infinite.

But for over 2 billion people in Asia and the Pacific, their daily relationship with water is one of struggle and hardship.

NORIO SAITO

Despite many achievements in Asia and the Pacific, 1.5 billion people in rural areas and 600 million more in urban areas still lack basic water supply and safely managed sanitation services. ADB is working to improve water security and resilience in the region by supporting sustainable service delivery. From 2014 to 2023, ADB committed a total of 23.5 billion U.S. dollars to the water sector across the region to benefit the lives of 654 million people.

QINGFENG ZHANG

The water-food-energy nexus is emerging as a critical issue in Asia and the Pacific. Agriculture is the biggest consumer of water in Asia. As of 2021, ADB has allocated 2 billion U.S. dollars to irrigation, 1 billion U.S. dollars to water-based natural resources management, and 477 million U.S. dollars to rural flood protection.

SATOSHI ISHII

ADB has been a long-standing partner in finding solutions for our developing member countries in Asia and the Pacific. Attaining the SDGs also means collaborating with other institutions and organizations, opening new channels for financing and encouraging public and private partnerships.

VIVEK RAMAN

80 percent of the wastewater generated in Asian cities is disposed of, untreated into our water bodies, making our sanitation services ineffective and more importantly our water bodies unsafe. In line with SDGs 6 and 11, ADB’s work prioritizes the provision of basic sanitation services, wastewater management, urban drainage and flood management, and solid waste management in Asia’s cities.

YASMIN SIDDIQI

In already arid countries like those in the Central West Asia region, water scarcity exacerbated by climate change is not only a food and water security issue but a transboundary challenge. ADB’s Central Asia Regional Economic Cooperation Program, CAREC, aims to develop a climate resilient framework for member countries in Central Asia region. This will enhance knowledge and technology transfer to support improved water resources and energy management.

NEETA POKHREL

Every year thousands of people are displaced in fragile and conflict-affected situations and small island developing states due to water-related climate and disaster events. How can we make informed investment decisions in this challenging environment? Therefore, ADB applies flexible business processes, we encourage field presence, and we implement in-depth analytics to better understand fragility and help our clients implement these.

FATIMA MABOR BAUTISTA

In 2022, ADB announced the Asia and the Pacific Water Resilience Initiative, an ambition to mobilize more than 200 million financing from internal sources and external partners to leverage 10 billion climate adaptation financing for ADB water sector operations from 2021 to 2030.

TANYA HUIZER

The Water Financing Partnership Facility, or WFPF, supports the Asia and the Pacific Resilience Initiative in accelerating implementation of sustainable development goals. With contributions from financing partners such as the Government of Austria, Spain, and the Netherlands, and the Bill and Melinda Gates Foundation, WFPF has helped ADB to do business as unusual.

NORIO SAITO

To achieve ADB’s vision of prosperous, inclusive, resilient, and sustainable Asia and the Pacific, providing sound water management and reliable services to the vulnerable is of vital importance. We at ADB are committed to seeing this vision to fruition.

END CREDITS

MIL OSI Global Banks –

April 2, 2025

Category: Finance

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02 April 2025

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