NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: BYDFi Lists SOON/USDT Trading Pair, Launches $5,000 Reward Campaign

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 23, 2025 (GLOBE NEWSWIRE) — The global crypto exchange BYDFi has officially listed the SOON token and opened spot trading for the SOON/USDT pair. To celebrate the listing, BYDFi has launched a $5,000 prize pool campaign for all eligible traders.

    SOON: Pioneering Scalable Web3 Infrastructure

    $SOON powers the Solana Optimistic Network, a high-performance Layer 2 Rollup solution built on the Solana Virtual Machine (SVM), delivering scalable, cost-efficient infrastructure for Ethereum, BNB Chain, and other Layer 1 ecosystems.

    • Leverages Decoupled SVM technology for seamless transaction processing and cross-chain interoperability.
    • Allocates 51% of token supply to the community via COMMing SOON NFT minting and BigBang Program, emphasizing a fair launch.
    • Integrates with data availability layers like Celestia and EigenDA for secure, low-cost asset transfers.
    • Supports Web3 application growth with a community-driven ecosystem.

    $SOON has attracted attention in the Web3 space, amplified by a social media mention from Binance founder CZ. Supported by venture capital, SOON is gaining traction for its focus on blockchain scalability and community engagement.

    Exclusive Rewards for BYDFi Traders

    BYDFi is celebrating the $SOON listing with a limited-time trading campaign. New users can also explore the platform’s welcome rewards:

    Full details are available on the official announcement page or download the BYDFi app.

    About BYDFi

    Established in 2020, BYDFi has grown to serve over 1,000,000 users across 190+ countries and regions. The platform has been recognized by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025, and offers a full suite of trading products—including spot, perpetual contracts, copy trading, trading bots, and on-chain tools—designed to support both beginners and experienced crypto users.

    BYDFi is committed to providing a world-class crypto trading experience for every user.

    BUIDL Your Dream Finance.

    • Website: https://www.bydfi.com
    • Support email: cs@bydfi.com
    • Business partnerships: bd@bydfi.com
    • Media inquiries: media@bydfi.com

    Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi

    The MIL Network –

  • MIL-OSI: Phunware Showcases Next-Gen Guest Experience Technology at HITEC 2025

    Source: GlobeNewswire (MIL-OSI)

    Phunware to Debut Hospitality AI Features to Streamline Mobile Interactions; Joins Industry Leaders in Discussing How Next-Gen Apps Are Redefining Guest Engagement

    AUSTIN, Texas, May 23, 2025 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN), a leading provider of mobile-first engagement solutions for the hospitality industry, today announced its participation in the 2025 Hospitality Industry Technology Exposition and Conference (HITEC®), taking place June 16–19 at the Indiana Convention Center in Indianapolis.

    At Booth #2233, Phunware will showcase its mobile hospitality solution and unveil its newest AI features. Executives and product experts will be on-site to demonstrate how Phunware’s solution is transforming guest experiences while unlocking new revenue opportunities for hospitality leaders.

    Phunware’s team will also join a discussion about next-generation mobile apps at the Exhibit Hall on Tutorial Stage A on Wednesday, June 18. Phunware will demonstrate how intuitive UX, in-app services, real-time wayfinding, and AI-driven features enhance guest discovery across the resort experience—driving deeper engagement, increased revenue, and greater adoption of ancillary services. More details to follow.

    Phunware’s mobile hospitality solution empowers hoteliers to deliver seamless, intuitive, and personalized guest experiences. With features like property-wide navigation, real-time offers, and targeted messaging, it helps brands boost operational efficiency and drive ancillary revenue, all while staying aligned with brand standards and existing systems.

    Attendees can explore Phunware’s hospitality solution, test-drive the new AI features, and learn how top properties are transforming mobile engagement into revenue-generating, 5-star experiences.

    Book a meeting here to connect with Phunware’s team during the event.

    For additional information on HITEC program, visit here.

    About Phunware

    Phunware Inc. (NASDAQ: PHUN) envisions a world where every organization can deliver immersive, personalized mobile experiences that drive real-world action, loyalty, and growth. We aim to be the leading provider of integrated software solutions enabling smarter engagement through data-driven insights and seamless mobile platforms. We are bridging digital and physical touchpoints to shape the future of mobile engagement.

    Phunware’s mission is to achieve unparalleled connectivity and monetization through the widespread adoption of Phunware mobile technologies, leveraging brands, consumers, partners, digital asset holders, and market participants. Phunware is poised to expand its software products and services audience so customers can drive deeper engagement, automate key functions, and deliver compelling, on-brand experiences.

    For more information on Phunware, please visit www.phunware.com.

    Safe Harbor / Forward-Looking Statements

    This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” and similar expressions are intended to identify forward-looking statements. For example, Phunware is using forward-looking statements when it discusses the adoption and impact of emerging technologies and their use across mobile engagement platforms.

    The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. These forward-looking statements involve risks, uncertainties, and other assumptions that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC. We undertake no obligation to update any forward-looking statements.

    By their nature, forward-looking statements involve risks and uncertainties. We caution you that forward-looking statements are not guarantees of future performance and that our actual results may differ materially from those expressed or implied by these forward-looking statements.

    Investor Relations Contact:

    Chris Tyson, Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    PHUN@mzgroup.us
    www.mzgroup.us

    Phunware Media Contact:

    Joe McGurk, Managing Director
    917-259-6895
    PHUN@mzgroup.us

    The MIL Network –

  • MIL-OSI: Solar Alliance announces revocation of cease trade order

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and KNOXVILLE, Tenn., May 23, 2025 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces that the failure-to-file cease trade order has been revoked by the British Columbia Securities Commission after the Company filed its audited annual financial statements and corresponding management’s discussion and analysis for the year ended December 31, 2024. The Company is following up with the TSX Venture Exchange to remove its suspension and resume the trading of the Company’s common shares.

    Brian Timmons, CEO

    About Solar Alliance Energy Inc. (www.solaralliance.com)

    Solar Alliance is an energy solutions provider focused on the commercial, utility and community solar sectors. Our experienced team of solar professionals reduces or eliminates customers’ vulnerability to rising energy costs, offers an environmentally friendly source of electricity generation, and provides affordable, turnkey clean energy solutions. Solar Alliance’s strategy is to ultimately build, own and operate our own solar assets while also generating stable revenue through the sale and installation of solar projects to commercial and utility community customers.

    Statements in this news release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, constitute Forward-looking statements.

    The words “would”, “will”, “expected” and “estimated” or other similar words and phrases are intended to identify forward-looking information. Forward-looking information in this news release includes, but is not limited to, statements with respect to the resumption of trading of the Company’s common shares. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different than those expressed or implied by such forward-looking information. Such factors include but are not limited to: the ability to complete the Company’s projects on schedule or at all, uncertainties related to the ability to raise sufficient capital; changes in economic conditions or financial markets; litigation, legislative or other judicial, regulatory, legislative and political competitive developments; technological or operational difficulties; the ability to maintain revenue growth; the ability to execute on the Company’s strategies; the ability to complete the Company’s current and backlog of solar projects; the ability to grow the Company’s market share; the high growth rate of the US solar industry; the ability to convert the backlog of projects into revenue; the expected timing of the construction and completion of the 1500 kW Kentucky solar projects; the targeting of larger customers; the ability to predict and counteract the effects, should they re-emerge, of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19, on the construction sector, capital market conditions, restriction on labour and international travel and supply chains; potential corporate growth opportunities and the ability to execute on the key objectives in 2025. Consequently, actual results may vary materially from those described in the forward-looking statements.

    “Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

    The MIL Network –

  • MIL-OSI: Abaxx Singapore Achieves ISO/IEC 27001:2022 Certification for Information Security Management

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte. Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that Abaxx Singapore has achieved ISO/IEC 27001:2022 certification for its Information Security Management System (ISMS). The certification confirms that Abaxx Singapore’s exchange and clearing infrastructure meets internationally recognized standards for securing data, managing risk, and supporting operational resilience.

    The certification was awarded by Prescient Security, an independent global cybersecurity firm specializing in information security audits, compliance assessments, and penetration testing. ISO/IEC 27001:2022 is the global standard for information security management systems (ISMS), providing a framework for managing data security risks across people, processes, and technology. It is jointly published by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).

    As part of the certification process, Abaxx Singapore underwent a comprehensive audit of its IT systems, risk management protocols, and governance controls. The review confirmed alignment with global best practices for establishing, maintaining, and continually improving information security management frameworks.

    “Achieving ISO/IEC 27001:2022 certification demonstrates that our exchange and clearing infrastructure aligns with the highest global standards for information security,” said Nancy Seah, CEO of Abaxx Exchange. “For market participants, it provides assurance that the systems supporting trade execution, clearing, and data protection are built on a secure and resilient foundation. It also supports onboarding and ongoing operations with global institutions that require independently audited controls for risk, compliance, and business continuity.”

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

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

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

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

    For more information about this press release, please contact:
    Steve Fray, CFO
    Tel: +1 647 490 1590

    Media and Investor inquiries:
    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 647 490 1590
    E-mail: ir@abaxx.tech

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx’s future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “seeking”, “should”, “intend”, “predict”, “potential”, “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “continue”, “plan” or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward- looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information.

    Forward-looking information related to Abaxx in this press release includes, but is not limited to: Abaxx’s objectives, goals or future plans; focus on risk management; and development of secure infrastructure. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; changes in the price of commodities; capital market conditions; and restriction on labor and international travel and supply chains in addition to the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

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

    The MIL Network –

  • MIL-OSI: Brookfield Corporation Announces Renewal of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    BROOKFIELD, NEWS, May 23, 2025 (GLOBE NEWSWIRE) — Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid to purchase up to 143,027,158 Class A Limited Voting Shares (“Class A Shares”), representing 10% of the public float of Brookfield’s outstanding Class A Shares. Purchases under the bid will be made on the open market through the facilities of the TSX, the New York Stock Exchange (“NYSE”), and/or alternative trading systems. The period of the normal course issuer bid will extend from May 27, 2025 to May 26, 2026, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Class A Shares purchased or such other price as may be permitted.

    As at May 15, 2025, the number of Class A Shares issued and outstanding totaled 1,647,846,059 of which 1,430,271,580 shares represented the public float. In accordance with the rules of the TSX, the maximum daily purchase on the TSX under this bid will be 456,420 Class A Shares, which is 25% of 1,825,680 (the average daily trading volume for Class A Shares on the TSX for the six months ended April 30, 2025).

    Of the 142,988,844 Class A Shares approved for purchase under Brookfield’s prior normal course issuer bid that commenced on May 27, 2024 and will expire on May 26, 2025, Brookfield purchased 22,200,979 Class A Shares as of May 15, 2025; 2,835,555 Class A Shares through open market purchases on the TSX and 19,365,424 Class A Shares through open market purchases on the NYSE. The weighted average price that Brookfield paid per Class A Share acquired under this bid was US$51.20.

    Brookfield is renewing its normal course issuer bid because it believes that, from time to time, the market price of its Class A Shares may not fully reflect the underlying value of its business and its future business prospects. Brookfield believes that, in such circumstances, the outstanding Class A Shares represent an attractive investment for Brookfield, since a portion of its excess cash generated on an annual basis can be invested for an attractive risk adjusted return through the issuer bid. All Class A Shares acquired by Brookfield under this bid will be cancelled and/or purchased by a non-independent trustee pursuant to the terms of Brookfield’s long-term incentive plans.

    Brookfield intends to enter into an automatic share purchase plan on or about the week of June 16, 2025 in relation to the normal course issuer bid. The automatic share purchase plan will allow for the purchase of Class A Shares, subject to certain trading parameters, at times when Brookfield ordinarily would not be active in the market due to its own internal trading black-out period, insider trading rules or otherwise. Outside of these periods, Class A Shares will be repurchased in accordance with management’s discretion and in compliance with applicable law.

    About Brookfield Corporation

    Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. We have three core businesses: Alternative Asset Management, Wealth Solutions, and our Operating Businesses which are in renewable power, infrastructure, business and industrial services, and real estate.

    We have a track record of delivering 15%+ annualized returns to shareholders for over 30 years, supported by our unrivaled investment and operational experience. Our conservatively managed balance sheet, extensive operational experience, and global sourcing networks allow us to consistently access unique opportunities. At the center of our success is the Brookfield Ecosystem, which is based on the fundamental principle that each group within Brookfield benefits from being part of the broader organization. Brookfield Corporation is publicly traded in New York and Toronto (NYSE: BN, TSX: BN).

    Please note that Brookfield Corporation’s previous audited annual and unaudited quarterly reports have been filed on EDGAR and SEDAR+ and can also be found in the investor section of its website at www.brookfield.com. Hard copies of the annual and quarterly reports can be obtained free of charge upon request.

    For more information, please visit our website at www.bn.brookfield.com or contact:                           

    Media: Investor Relations:
    Kerrie McHugh Katie Battaglia
    Tel: (212) 618-3469 Tel: (416) 359-8544
    Email: kerrie.mchugh@brookfield.com Email: katie.battaglia@brookfield.com


    Forward-Looking Statements

    This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward- looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, beliefs and assumptions regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies, capital management and outlook of Brookfield Corporation and its subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods, and which in turn are based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. The estimates, beliefs and assumptions of Brookfield Corporation are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as “expect,” “anticipate,” “believe,” “foresee,” “could,” “estimate,” “goal,” “intend,” “plan,” “seek,” “strive,” “will,” “may” and “should” and similar expressions. In particular, the forward-looking statements contained in this news release include statements referring to the impact of current market or economic conditions on our business, the future state of the economy or the securities market, the anticipated allocation and deployment of our capital, our fundraising targets, and our target growth objectives.

    Although Brookfield Corporation believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: (i) returns that are lower than target; (ii) the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; (iii) the behavior of financial markets, including fluctuations in interest and foreign exchange rates and heightened inflationary pressures; (iv) global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; (v) strategic actions including acquisitions and dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; (vi) changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); (vii) the ability to appropriately manage human capital; (viii) the effect of applying future accounting changes; (ix) business competition; (x) operational and reputational risks; (xi) technological change; (xii) changes in government regulation and legislation within the countries in which we operate; (xiii) governmental investigations and sanctions; (xiv) litigation; (xv) changes in tax laws; (xvi) ability to collect amounts owed; (xvii) catastrophic events, such as earthquakes, hurricanes and epidemics/pandemics; (xviii) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (xix) the introduction, withdrawal, success and timing of business initiatives and strategies; (xx) the failure of effective disclosure controls and procedures and internal controls over financial reporting and other risks; (xxi) health, safety and environmental risks; (xxii) the maintenance of adequate insurance coverage; (xxiii) the existence of information barriers between certain businesses within our asset management operations; (xxiv) risks specific to our business segments including asset management, wealth solutions, renewable power and transition, infrastructure, private equity, real estate and corporate activities; and (xxv) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States.

    We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect future results. Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this news release or such other date specified herein. Except as required by law, Brookfield Corporation undertakes no obligation to publicly update or revise any forward- looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes Bayer AG to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 23, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Bayer AG (Frankfurt Stock Exchange: BAYN; OTCQX: BAYRY, BAYZF), a life science company with three divisions – Pharmaceuticals, Consumer Health and Crop Science, has qualified to trade on the OTCQX® Best Market. Bayer AG upgraded to OTCQX from the Pink® market.

    Bayer AG begins trading today on OTCQX under the symbols “BAYRY” and “BAYZF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    “We are thrilled to welcome Bayer to OTCQX,” said Jason Paltrowitz, OTC Markets EVP of Corporate Services. “This milestone highlights the continued interplay between the European capital markets and U.S. investors seeking new investment opportunities.” 

    About Bayer
    Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. In line with its mission, “Health for all, Hunger for none,” the company’s products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2024, the Group employed around 93,000 people and had sales of 46.6 billion euros. R&D expenses amounted to 6.2 billion euros. For more information, go to www.bayer.com.

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI: BNP Paribas Primary New Issues: POST-STAB Notice – WOLSELEY

    Source: GlobeNewswire (MIL-OSI)

    23.05.2025

    Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

    WOLSELEY GROUP PLC

    Post-stabilisation Period Announcement

    STABILISATION CARRIED OUT

    [Further to the pre-stabilisation period announcement dated 16.05.2025 and to the mid-stabilisation period announcement[s] dated 22.05.2025, BNP PARIBAS (contact: Stanford Hartman; telephone: 0207 595 8222) hereby gives notice that the Stabilisation Manager(s) named below undertook stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) in relation to the offer of the following securities, as set out below.

    Securities

    Issuer: WOLSELEY GROUP FINCO PLC
    Guarantor(s) (if any): N/A
    Aggregate nominal amount: 350,000,000 GBP
    Description: Senior Secured Fixed Rate Notes
    Offer price: 100

    Stabilisation Manager(s)

    Name(s): BNP PARIBAS, LLOYDS, WELLS FARGO, BOFA, RBC

    Stabilisation

    Stabilisation started: 16/05/2025
    Stabilisation last occurred: 21/05/2025
    Stabilisation trading venue(s):3 OTC
    Date Lowest Price Highest Price
     16/05/2025  98.625  99.25
     19/05/2025  98.50  99.23
     20/05/2025  99.375 99.50 
     21/05/2025  99.55  99.55

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

    The MIL Network –

  • MIL-OSI: Investeringsforeningen ValueInvest Danmark – Ændring af depotselskab, market maker og bevisudsteder

    Source: GlobeNewswire (MIL-OSI)

    Bestyrelsen for Investeringsforeningen ValueInvest Danmark har dags dato indgået aftale med Jyske Bank A/S, der medfører, at foreningen ændrer depotselskab fra Spar Nord Bank A/S til Jyske Bank A/S. Beslutningen herom er truffet i overensstemmelse med reglerne i foreningens vedtægter.

    Bestyrelsen for Investeringsforeningen ValueInvest Danmark har ligeledes indgået aftale om ændring af henholdsvis market maker og bevisudsteder fra Spar Nord Bank A/S til Jyske Bank A/S.

    Det er foreløbig forventningen, at Jyske Bank A/S vil varetage depotselskabs-, market maker- og bevisudstederfunktionen pr. den 20. juni 2025 eller snarest muligt derefter, forudsat den fornødne godkendelse fra Finanstilsynet foreligger. Ændringen forudsætter Finanstilsynets godkendelse af valget af Jyske Bank A/S som depotselskab.

    Henvendelser vedrørende denne meddelelse bedes rettet til undertegnede på telefon 38 14 66 00.

    Med venlig hilsen

    Niels Erik Eberhard
    Direktør

    The MIL Network –

  • MIL-OSI: AGF Investments Announces May 2025 Cash Distributions for AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund and AGF Systematic Global Infrastructure ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF Investments) (TSX:AGF.B) today announced the May 2025 cash distributions for AGF Enhanced U.S. Equity Income Fund*, AGF Total Return Bond Fund* and AGF Systematic Global Infrastructure ETF, which pay monthly distributions. Unitholders of record on May 30, 2025 will receive cash distributions payable on June 5, 2025.

    Details regarding the final “per unit” distribution amounts are as follows:

    ETF Ticker Exchange Cash Distribution Per Unit ($)
    AGF Enhanced U.S. Equity Income Fund* AENU Cboe Canada Inc. $0.129939
    AGF Total Return Bond Fund* ATRB Cboe Canada Inc. $0.092000
    AGF Systematic Global Infrastructure ETF QIF Cboe Canada Inc. $0.142740

    *AGF Enhanced U.S. Equity Income Fund and AGF Total Return Bond Fund are mutual funds with an ETF series option.

    Further information about the AGF ETFs can be found at AGF.com.

    This information is not intended to provide legal, accounting, tax, investment, financial, or other advice, and should not be relied upon for providing such advice. Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.

    AGF ETFs are ETFs offered by AGF Investments Inc. ETFs are listed and traded on organized Canadian exchanges and may only be bought and sold through licensed dealers.

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $51 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    About AGF Investments

    AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. The subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF Investments LLC (AGFUS) and AGF International Advisors Company Limited (AGFIA). The term AGF Investments may refer to one or more of these subsidiaries or to all of them jointly. This term is used for convenience and does not precisely describe any of the separate companies, each of which manages its own affairs.

    AGF Investments entities only provide investment advisory services or offers investment funds in the jurisdiction where such firm and/or product is registered or authorized to provide such services.

    AGF Investments Inc. is a wholly-owned subsidiary of AGF Management Limited and conducts the management and advisory of mutual funds in Canada.

    Media Contact

    Amanda Marchment
    Director, Corporate Communications
    416-865-4160
    amanda.marchment@agf.com  

    The MIL Network –

  • MIL-OSI: Correction: Invesco Ltd: Form 8.3 – Adriatic Metals plc.; Opening Position disclosure

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    CORRECTION: PUBLIC OPENING POSITION DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

    *An amendment has been made to the reported holding figure in section 2 (a)*

    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)        Full name of discloser: Invesco Ltd.
    (b)        Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Adriatic Metals plc
    (d)        If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)        Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 20.05.2025
    (f)        In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 Yes; Dundee Precious Metals Inc.

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: GBP 1p ordinary GB00BL0L5G04
      Interests Short positions
      Number % Number %
    (1)        Relevant securities owned and/or controlled: 1,411,614 0.40    
    (2)        Cash-settled derivatives:        
    (3)        Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 1,411,614 0.40    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)        Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    AUD Depository Receipt AU0000004772 Sale 200,000 3.72 AUD

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit
             

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)        the voting rights of any relevant securities under any option; or
    (ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 21.05.2025
    Contact name: Philippa Holmes
    Telephone number*: +441491417447

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: HTX Crypto Gem Hunt Report #5: Meme Coins Keep Soaring as A-Rated Restaking and L1 Projects Gain Steady Momentum

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 23, 2025 (GLOBE NEWSWIRE) — As Bitcoin soared to an unprecedented high of over $110,000 today, sending ripples of positive sentiment across the entire cryptocurrency market, HTX, a leading global cryptocurrency exchange is proud to announce the release of its 5th Crypto Gem Hunt Report. The latest report meticulously highlights eight tokens that have demonstrated substantial wealth creation across various narratives, including meme coins, Layer 1 solutions, restaking protocols, and data tools.

    Notably, MOODENG emerged as the top performer, delivering an astonishing surge of up to 567% as of May 19. This remarkable performance underscores the platform’s belief that carefully selecting high-quality projects and responding swiftly to market shifts are paramount for identifying and capitalizing on the most profitable opportunities.

    Meme Coins Dominate Yet Again and Deliver Explosive Gains Across Blockchains

    Meme coins remain the hottest narrative in crypto, delivering standout returns regardless of their chain origin. Whether rooted in the Solana or Ethereum networks, both legacy names and emerging narratives have posted significant breakouts.

    According to HTX data, top Solana meme coins like MOODENG and POPCAT have skyrocketed by 567% and 447%, respectively. MOODENG in particular, jumped from 0.036 USDT to 0.24 USDT, demonstrating remarkable narrative resilience. HOUSE, a new Solana meme coin launched exclusively on HTX on April 27, surged 179% shortly after listing, further validating the strength and capital flow into the Solana meme coin space.

    On the Ethereum side, NEIROCTO—a meme coin initially listed on HTX on September 7, 2024—recently rallied 400%. Meanwhile, the AI meme coin DARK gained 246%, demonstrating the strong appeal of combining AI with the meme coin narrative.

    In short, meme coins that combine strong narratives, engaged communities, and cultural virality continue to outperform. As market sentiment recovers, meme coins are often the first to ignite retail enthusiasm, acting as the catalysts for broader market rallies.

    A-Rated Infrastructure Projects Earn Their Spot: Restaking, L1, and Data Tools

    Beyond meme coins, HTX’s 5th Crypto Gem list also includes high-quality projects StakeStone (STO), Initia (INIT), and Bubblemaps (BMT), representing the restaking, Layer 1, and data tool sectors, respectively. They were all awarded A ratings by HTX analysts, reflecting their high potential and broad market recognition.

    StakeStone has quickly emerged as a star in the restaking space. Unlike PoS staking or existing restaking protocols, StakeStone focuses on cross-chain liquidity infrastructure with efficient liquidity distribution and dynamic yield strategies for ETH, BTC, and stablecoins. Since listing on HTX on April 6, STO has gained 314%, outperforming most restaking peers.

    Initia, one of 2025’s most anticipated Layer 1 launches, fuses a robust Layer 1 chain with a flexible, interconnected Layer 2 ecosystem. It aims to offer production-grade modular blockchain services for developers and users alike. INIT was listed on HTX on April 23 and has rallied 155% to date. Bubblemaps offers next-gen data visualization tools that bring clarity to complex on-chain relationships. Its innovative data presentation and user-friendly design for DeFi users position it as a differentiated contender in the data infrastructure sector.

    HTX Crypto Gem Hunt Offers High Standards for Project Selection

    Since its inception, the HTX Crypto Gem Hunt program has focused on identifying tokens with strong upside potential, leveraging deep analysis across technology, narrative strength, and user experience. The program has continually selected only the most promising opportunities for user wealth growth by zeroing in on narratives like meme coins, public chains, restaking protocols, AI memes, data tooling, and the Solana ecosystem.

    Across its five phases, the program has featured projects that delivered an average return of over 8 times, with seven “super cryptos” achieving more than 10x growth. The program’s first two phases (phase 1 and phase 2) focused on the on-chain meme coin boom. Phase 3 targeted the AI meme coin sector, yielding excellent performance, and phase 4 expanded to sectors including meme coins, Layer 1, and AI-powered social media, achieving consistent results.

    HTX empowers investors to unlock significant financial gains with its innovative Crypto Gem list. By tracking HTX’s latest asset listings, users gain early access to high-potential tokens before they surge. This proactive approach allows investors to strategically position themselves in undervalued opportunities, maximizing returns in the current market cycle. The next list may include your prized assets. HTX’s rigorous project selection and market expertise ensure a continuous stream of lucrative investment opportunities for its valued users.

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

    For further inquiries, please contact Ruder Finn Asia, glo-media@htx-inc.com.

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a8d8fea5-0beb-4272-a507-e228bd85537e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b7b4efe0-bae5-4dfe-8e6c-2353e73016e4

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris 2025 Presale Gains Momentum with Explosive Growth and Mobile Mining Breakthrough

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 23, 2025 (GLOBE NEWSWIRE) — As the crypto market enters a new phase of innovation and user empowerment, Bitcoin Solaris (BTC-S) is emerging as one of 2025’s most compelling blockchain opportunities. With its ongoing presale generating buzz across the industry, Bitcoin Solaris is redefining accessibility and scalability in Web3, offering everyday users a real shot at building long-term wealth.

    A New Era of Decentralized Accessibility

    Bitcoin Solaris introduces a next-generation hybrid blockchain that merges Proof-of-Work and Delegated Proof-of-Stake (PoW + DPoS) mechanisms, supporting lightning-fast speeds of up to 10,000 transactions per second and 2-second finality. With cross-chain compatibility and seamless integration with Solana’s tech stack, Bitcoin Solaris delivers both performance and flexibility.

    Key features include:

    • Hybrid PoW + DPoS architecture for scalability and decentralization
    • ZK privacy options, DeFi/NFT capabilities, and mobile-first design
    • Cyberscope and Freshcoins-audited smart contracts
    • Freshcoins KYC verification for added transparency

    Most notably, the Solaris Nova App—currently in beta—allows users to mine BTC-S directly from smartphones or laptops without expensive hardware or technical skills, making it one of the most accessible crypto experiences to date.

    And people are noticing. A growing number of influencers and early adopters are joining the conversation. One of the most talked-about reviews is from CryptoChester, who breaks down why Bitcoin Solaris is poised to lead the next market wave.

    Why Work for Money When BTC-S Can Work for You?

    Tokenomics That Build Trust

    Bitcoin Solaris adheres to a deflationary model with a 21 million total token supply, reflecting a long-term vision grounded in utility and scarcity. The distribution model prioritizes community and miner incentives:

    • 66.66% for mining (14 million BTC-S)
    • 20% for presale
    • 5% for liquidity pools
    • 2% each for ecosystem development, community rewards, marketing, and staking
    • 0.33% for team and advisors

    This transparent structure ensures decentralization, trust, and broad-based participation from the ground up.

    Presale Highlights: A 90-Day Opportunity

    The Bitcoin Solaris presale is designed to reward early adopters and generate sustainable momentum. With only 90 days to participate, it’s already breaking records:

    • Current Price: $4
    • Next Phase: $5
    • Launch Price: $20
    • Bonus: 12%

    But what makes it stand out even more?

    • Runs for only 90 days, launch Date: July 31, 2025
    • Over $1,000,000 raised already
    • More than 8,900 unique users onboarded
    • Potential return: 1,900%
    • One of the shortest and most explosive presales of the year

    And that growth isn’t just hype—it’s backed by substance. To stay updated or get involved, explore their Telegram or check the buzz on X.

    This is one of the fastest-growing presales in the 2025 crypto landscape, driven by strong fundamentals and community excitement.

    Double Rewards Referral Program

    Bitcoin Solaris is boosting community growth with a referral program that rewards both you and your invitees. During the presale, you’ll earn 5% in BTC-S tokens for every purchase made through your referral link, while your referrals get a 5% bonus on their token buy. Simply log into your account at bitcoinsolaris.com, grab your referral link, and start sharing it across social media, crypto groups, or directly with friends. It’s a win-win system built to grow the ecosystem and your rewards.

    Join the Bitcoin Solaris Movement

    With a rapidly growing user base, audited infrastructure, and mobile-friendly innovation, Bitcoin Solaris is positioning itself as a cornerstone of the next crypto cycle. Whether you’re new to digital assets or a seasoned investor, BTC-S offers a compelling pathway to participate in—and benefit from—the decentralized future.

    Get involved before July 31, 2025. The clock is ticking.

    For more information:
    Website: bitcoinsolaris.com
     Telegram: @Bitcoinsolaris
     X (Twitter): @BitcoinSolaris

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e0de5d24-8d39-48ec-9ac3-a58c3ce8fa14

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4812643c-7ca2-4e66-90f4-a08aabbc474c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7232e923-9a0b-406b-af65-991e2329843e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dadbff09-25b1-4b4d-98c3-c9e8e643680b

    The MIL Network –

  • MIL-OSI: Baltic Horizon Fund announces a change in the financial calendar

    Source: GlobeNewswire (MIL-OSI)

    The Annual General Meeting of Baltic Horizon Fund investors will be held on 9 September 2025. Previously the planned time of the general meeting was 2 June 2025. Updated financial calendar is available on Baltic Horizon Fund webpage.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube.

    The MIL Network –

  • MIL-OSI: FRO – Q1 2025 Presentation

    Source: GlobeNewswire (MIL-OSI)

    Please find enclosed the presentation of Frontline plc´s first quarter 2025 results to be held on the webcast / conference call 23 May, 2025 at 15:00 CET.

    This information is subject to the disclosure requirements pursuant to section 5 – 12 of the Norwegian Securities Trading Act.

    Attachment

    The MIL Network –

  • MIL-OSI: Approval for ‘SwissASC’ to Take Stake in Swiss hydro

    Source: GlobeNewswire (MIL-OSI)

    The Company is pleased to announce that our Chairman Edi Truell has received formal confirmation from the Swiss authorities that he is eligible, through our subsidiary GIG Services SA, “Swiss ASC”, to acquire interests in Swiss hydro power assets.

    Please see the full announcement attached

    Attachment

    The MIL Network –

  • MIL-OSI: Charleswood Limited Navigates Shifting Market Dynamics with Strategic Focus

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, May 23, 2025 (GLOBE NEWSWIRE) — Charleswood Limited today released a market commentary in light of the latest financial developments, highlighting both risk and opportunity amid shifting macroeconomic signals.

    Global markets remain broadly supported despite a mixed economic outlook. While rate cuts anticipated in early 2025 have been delayed, strong corporate earnings and robust consumer demand are providing a floor for investor confidence.

    “Staying agile in this environment is critical,” said a Charleswood Limited spokesperson. “Our strategies are evolving to reflect the growing bifurcation between high-growth sectors and more interest-sensitive areas.”

    Charleswood emphasized its commitment to long-term value creation through disciplined capital deployment and active engagement with portfolio companies. Areas of current focus include next-generation infrastructure, digital assets, and private credit.

    About Charleswood Limited:

    Charleswood Limited is an investment and advisory firm focused on delivering sustainable value through strategic allocation across global public and private markets.

    Financial Assets Manager: Fernando McNaughton

    Website: https://charleswoodlimited.com
    Phone: +852 5803 0608
    Email: info@charleswoodlimited.com
    Address: #8 Finance Street, Central, Hong Kong

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/90e8a66c-f703-424d-9926-06a311cda23d

    The MIL Network –

  • MIL-OSI: Hola Prime Plans to Enter Futures Trading to Solve One of Finance’s Most Persistent Problems: Complexity

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, May 23, 2025 (GLOBE NEWSWIRE) — Hola Prime, a leading proprietary trading firm, has announced its expansion into futures trading with a clear and ambitious goal: to simplify one of the most complicated and inaccessible segments of the financial markets.

    While interest in futures trading is steadily rising among both retail and professional traders, the industry remains riddled with barriers that discourage newcomers and frustrate even experienced participants. Complexities like sophisticated trading platforms, use of leverage, complex margin requirements, and confusing expiry structures, the current futures market has long been a space reserved for the few.

    “The futures market has long been defined by its complexity, and that complexity has often acted as a barrier to broader participation,” said Somesh Kapuria, CEO and Founder of Hola Prime. “At Hola Prime, we believe access to powerful financial instruments shouldn’t be limited by jargon or structural opacity. Our mission is to strip away unnecessary layers, provide clarity through education, simplify this industry, and offer a trading experience that is both sophisticated and accessible. Futures trading should be seen as an opportunity, not a test of endurance.”

    Despite the strategic leverage and diversification that futures trading offers, the industry remains difficult. The language is opaque – terms like “contango”, “convergence” and “backwardation” leave beginners alienated. Expiry dates and rollovers require precise management, while trading demands advanced tools and precise decisions.

    Most firms don’t offer much guidance or onboarding. They expect traders to already know how everything works. This makes it hard for new traders to get started, and when combined with the stress of fast-moving markets, it often leads to burnout or losses.

    Hola Prime plans to completely reimagine the trading experience by putting education at the core. The vision includes creating simple, easy-to-understand resources, such as visual guides, relatable analogies, and clear comparisons with forex, to help simplify complex trading concepts. To ensure traders receive personalized support, Hola Prime aims to launch one-on-one coaching sessions covering everything from technical strategies to emotional resilience.

    With all of these steps, Hola Prime Academy is set to have a rapid and high-scale expansion.

    Furthermore, Hola Prime TV is set to become a dedicated platform for live market insights, live trading sessions, expert interviews, and step-by-step strategy breakdowns, helping traders stay informed. Additionally, Hola Prime plans to offer global accessibility, industry-first 1-hour payouts, and a transparent trading environment, breaking down the traditional entry barriers often associated with futures prop trading.

    Besides this, Hola Prime has removed the unnecessary complexity and created clear, straightforward rules for successful trading. Their straightforward rulebook simplifies futures trading, making it easy to understand and apply.

    “There’s a fundamental design flaw in how this industry has been built – too much noise, too little clarity,” said Sumedha Sharma, CFO of Hola Prime. “We’re reengineering the trader’s journey to be simple, supportive, and scalable. Futures shouldn’t be a specialist’s game – they should be open to anyone willing to learn.”

    By rethinking how futures trading is taught, executed, and experienced, Hola Prime is positioning itself not just as a futures prop trading firm but as a problem-solver in an industry overdue for change. In doing so, it’s not simply launching a product. It’s setting a new standard for what trader-first futures trading can look like.

    About Hola Prime

    Hola Prime is a global proprietary trading firm with offices in the UK, Hong Kong, Cyprus, Dubai, and India. It supports a diverse community of traders across 175+ countries, offering access to over 150 financial instruments across multiple trading platforms. The firm is known for its structured approach to risk management, transparency, and trader-centric operations. Learn more at holaprime.com.

    Social Links

    Instagram: https://www.instagram.com/holaprime_global/

    YouTube: https://www.youtube.com/channel/UCtVEJa1Ml132Be7tnk-DjeQ

    LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true

    X: https://x.com/HolaPrimeGlobal

    Discord: https://discord.gg/TJ7TcHPXBf

    Quora: https://www.quora.com/profile/HolaPrime/

    Reddit: https://www.reddit.com/user/HolaPrime/

    Medium: https://medium.com/@social_46267

    Media Contact

    Company: Hola Prime

    Contact: Media Team

    Email: marketing@holaprime.com

    Website: https://holaprime.com/

    The MIL Network –

  • MIL-OSI: MINT Income Fund Announces Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — MINT Income Fund (the “Fund”) (TSX: MID.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”). Purchases pursuant to the NCIB will be made in the open market through the facilities of the TSX and Alternative Canadian Trading Systems. This NCIB will commence on May 27, 2025 and will terminate on May 26, 2026. In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its NCIB may be effected by the Fund.

    The Fund had 10,052,580 units issued and outstanding as at May 13, 2025, including 10,031,982 units in the public float. The Fund may, during the 12 month period commencing May 27, 2025 purchase on the TSX up to 1,003,198 units, being 10% of the public float and may not, in any 30 day period, purchase more than 201,051 units, being 2% of the units issued and outstanding. The Fund will hold in treasury for resale all units purchased pursuant to the bid. As at May 13, 2025 the Fund had purchased 18,700 units on the TSX and Alternative Canadian Trading Systems at an average price of $6.96 per unit under its previously approved normal course issuer bid. The Fund had the ability to purchase up to 1,089,755 units under its last NCIB. The manager of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds.

    The Fund trades on the Toronto Stock Exchange under the symbol “MID.UN”.

    For further information visit our website at www.middlefield.com or contact the undersigned:

    Nancy Tham
    Managing Director, Sales and Marketing
    (416) 847-5349

    May 23, 2025

    This press release may contain forward-looking information, including with respect to future purchases of Units by the Fund. The forward-looking information contained in this press release constitutes current expectations, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents an estimate as of any date other than the date of this press release.

    The MIL Network –

  • MIL-OSI: ALRMiner Launches Smarter System to Boost Returns and Cut Energy Use

    Source: GlobeNewswire (MIL-OSI)

    Monmouth, Monmouthshire, May 23, 2025 (GLOBE NEWSWIRE) —

    The platform has evolved to accommodate the needs of its growing customer base throughout the years. ALRMiner introduced their revolutionary Mining Optimization System to enhance operational consistency and decrease  electricity use throughout their global mining operations. The platform of ALR Miner reached 7.9 million users  in 180 countries which represents a major growth milestone.

    This strategic rollout addresses long-standing inefficiencies in cloud mining by enabling real-time resource allocation based on blockchain load, network demand, and power availability. By continually adjusting its operations to match market and environmental dynamics, the platform now delivers greater reward stability without increasing hardware strain or energy consumption.

    The new system evaluates variables such as network congestion, mining difficulty, and local energy cost patterns, rerouting computing capacity accordingly. The impact is immediate: more consistent returns for users and reduced energy draw during low-efficiency cycles.

    “This launch is the result of years of disciplined engineering and field testing,” said Olivia Miller, Director of Communications at ALR Miner. “We’re not just scaling infrastructure—we’re refining the very core of how mining works. Our users expect reliable, transparent results. This system delivers just that, with smarter energy use and more predictable rewards.”

    During the multi-region trial phase, ALR Miner observed a 22% improvement in daily yield accuracy and a 30% reduction in unnecessary power usage across its Canada, Nordic, and Eastern European operations. The company’s design and energy teams coordinated across five time zones to ensure the update seamlessly integrates with every active contract.

    This latest development supports ALR Miner’s overarching commitment to responsible and sustainable growth. Each of its facilities runs on clean energy—predominantly solar, hydroelectric, and wind. The optimization system really enhances this eco-friendly model by adjusting to changes in renewable energy availability on the fly. So when there’s more stress on the grid or whenever the solar energy production drops, the system quickly adapts to keep everything running efficiently without losing any output.

    Here’s What ALR Miner Users Can Expect: 

    • Payouts every day that are more reliable: The system is set up to handle tasks quickly, so returns will stay steady no matter what level of contract you choose. 
    • Aligning with the environment: The platform also runs on renewable energy, which is good for the environment because it means less reliance on fossil fuels.
    • Hassle-Free Integration: Users don’t have to lift a finger; everything runs smoothly on the platform itself. 

    ALR Miner simplifies the mining process for both newcomers and experienced miners alike. There are no hidden fees, no need for personal equipment, and everything is transparent. With its optimization system now launched, ALR Miner is committed to technical integrity, environmental care, and user satisfaction. 

    To get more details or check out contract options, https://alrminer.com

    Media Contact:
     Olivia Miller
    Director of Communications
    media@alrminer.com
    +44 7514 226545

    Company Address:
     ALR Miner Headquarters
    78 Queen Street, Monmouthshire, UK

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Cryptocurrency involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. Alrminer.com and associated parties are not liable for any financial loss incurred.

    Attachment

    The MIL Network –

  • MIL-OSI: TerraVest Industries Inc. Announces Closing of Upsized Bought Deal Offering of Common Shares and Concurrent Closing of the Over-Allotment Option

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

    TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — TerraVest Industries Inc. (TSX:TVK) (“TerraVest” or the “Company”) is pleased to announce that it has closed its previously announced bought deal treasury offering (the “Offering”) and concurrent closing of the exercise in full of the over-allotment option granted to a syndicate of underwriters (the “Underwriters”) with National Bank Financial Markets, Canaccord Genuity, and Desjardins Capital Markets acting as Co-Bookrunners. Pursuant to the Offering, the Company issued an aggregate 2,001,000 common shares (the “Shares”) at a price of $160.30 per share (the “Offer Price”) for gross proceeds of $320,760,300. The gross proceeds include 261,000 Shares issued at the same Offer Price for gross proceeds of $41,838,300 on the exercise in full of the over-allotment option granted to the Underwriters.

    The net proceeds from the Offering will be initially allocated towards repaying existing debt and supporting general corporate activities, until required for future acquisitions or growth opportunities.

    ABOUT TERRAVEST INDUSTRIES INC.:

    TerraVest is a diversified industrial company that manufactures and sells goods and services to a variety of end-markets. The Company is a market-leading manufacturer of home heating products, propane, anhydrous ammonia (“NH3”) and natural gas liquids (“NGL”) transport vehicles and storage vessels, energy processing equipment and fiberglass storage tanks. TerraVest is focused on acquiring and operating market-leading businesses that will benefit from TerraVest’s financial and operational support. For more information on the Company, please visit https://terravestindustries.com/. Additional information relating to the Company, including all public filings, is available on SEDAR+ (www.sedarplus.ca).

    FOR FURTHER INFORMATION, PLEASE CONTACT:
    Dustin Haw         
    Chief Executive Officer         
    TerraVest Industries Inc.         
    ir@terravestindustries.com

    Caution Concerning Forward-Looking Statements

    This news release contains forward-looking statements. All statements other than statements of historical fact contained in this news release are forward-looking statements, including, without limitation, statements regarding the use of proceeds of the Offering, potential for future acquisitions by TerraVest, our strategic direction and evaluation of the business segments and TerraVest as a whole, TerraVest’s plans with respect to its existing portfolio businesses and long-term acquisition strategy and other plans and objectives of or involving TerraVest. Readers can identify many of these statements by looking for words such as “expects” and “will” or similar terms or variations of these words. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.

    By their nature, forward-looking statements require us to make assumptions and, accordingly, forward-looking statements are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate. We caution readers of this news release not to place undue reliance on our forward-looking statements because a number of factors may cause actual future circumstances, results, conditions, actions or events to differ materially from the plans, expectations, estimates or intentions expressed in the forward-looking statements and the assumptions underlying the forward-looking statements.

    Assumptions and analysis about the performance of TerraVest as a whole and its business segments, the markets in which the business segments compete and the prospects and values of the business segments are considered in setting the business plan for TerraVest, plans and/or ability to pay dividends, outlook for operations, financial position, results and cash flows, other plans and objectives and in making related forward-looking statements. Such assumptions include, without limitation, demand for products and services of the business segments in respect of the Canadian and other markets in which the businesses are active will be stable, and that input costs to business segments do not vary significantly from levels experienced historically. Should any of these factors or assumptions vary, actual results may differ materially from the forward-looking statements.

    The MIL Network –

  • MIL-OSI: Wix Acquires Hour One to Expand Generative AI Capabilities and Accelerate Product Innovation

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK— Today Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally1, announced its acquisition of Hour One, a pioneer in generative AI media creation. This acquisition marks yet another milestone in Wix’s transformation into a frontrunner in AI-powered digital experiences, giving the company access to advanced technologies that will continue to shape the future of web and visual design creation.

    Founded in 2019, Hour One develops technology that enables the effortless creation of studio-quality content at scale. Its platform supports personalized video and interactive experiences that merge storytelling with real-time engagement. At the core of Hour One’s offering is a proprietary cloud-based infrastructure that  integrates generative AI inference with advanced 3D rendering –  a technology that puts Wix on the cutting edge of scalable, high-impact content creation.

    “We are excited to expand our knowledge and investment in AI by bringing Hour One into the Wix fold,” said Ronny Elkayam, COO at Wix. “This move reinforces Wix’s position as a leader in the new era of generative AI and fuels our vision to make web creation smarter, faster, and more immersive. We see significant opportunities to accelerate innovation and build experiences the industry hasn’t yet imagined. By bringing these capabilities in-house, we can maintain higher quality and control over rapidly evolving front-end technologies, reduce reliance on third-party providers, and better manage costs.  Most importantly, we are acquiring a team of exceptional talent with deep technical expertise in generative AI and media infrastructure. Together, we’ll push the boundaries of what creators and businesses can do with Wix.”

    “Joining Wix is a natural next step in our journey,” said Oren Aharon, Ph.D., Co-founder and CEO of Hour One. “From day one, we’ve been driven by the vision of making high-quality media creation accessible and scalable through AI. With Wix’s global reach, product innovation, and commitment to empowering creators, we’re excited to amplify our impact and shape the next generation of web and content experiences together.”

    Founders Oren Aharon Ph.D., Lior Hakim and Arnon Kahani and their team will join Wix at their headquarters, bringing with them years of experience, innovation, and a shared ambition to redefine what’s possible with technology.

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of H1 2024.

    The MIL Network –

  • MIL-OSI: XRP News: Buy $XDX, An XRP-Backed Token on XenDex As CME Group Launches XRP Futures

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 23, 2025 (GLOBE NEWSWIRE) — As global crypto momentum surges around XRP, the launch of CME Group’s XRP Futures has sent bullish waves through the market. At the heart of this renewed interest lies XenDex, the first all-in-one decentralized exchange (DEX) on the XRP Ledger and its $XDX presale ends in just 5 days.

    Early investors are rushing in to lock down $XDX at pre-launch pricing before listings go live on Binance, Gate.io, MEXC, BitMart, MagneticX, and FirstLedger. With the presale soft cap filled and the hard cap nearly complete, this is the final chance to buy before demand and price skyrocket.

    Buy $XDX Before Listing On Binance

    What is XenDex on XRP Blockchain?

    XenDex is a DeFi powerhouse being built natively on XRPL, designed for both beginners and professional traders. It merges DeFi functionalities into a seamless interface backed by XRPL’s unmatched speed and low transaction fees.

    Features and Problems XenDex Aims to Solve on XRP Ledger

    While XRP excels in speed and cost, it lacks native DeFi solutions. XenDex solves this with:

    • Lending & Borrowing – Lend or borrow XRP tokens on XenDex
    • AI Copy Trading – Mirror top traders automatically
    • Cross-Chain Trading – Swap XDX across Ethereum, BNB, and Solana
    • DAO Governance – Community-driven decision-making

    Buy $XDX on XenDex At Discount

    Advantages of Holding $XDX

    $XDX unlocks major benefits for holders:

    • Voting rights for platform proposals
    • Staking and yield farming rewards
    • Trading fee discounts
    • Early access to launches and airdrops

    Where Can I Trade $XDX?

    After the presale, $XDX will list on Binance, Gate.io, BitMart, MEXC, MagneticX, and FirstLedger, ensuring high liquidity and global reach.

    Is XenDex a Legit Project on XRP?

    Absolutely. XenDex is a transparent, community-first project, backed by XRPL integrations and a skilled team with prior experience on Cardano and SUI. The platform is currently undergoing smart contract audits and has formed strategic partnerships with Xaman, XRP Toolkit, Gitbook, Github, and Namecheap.

    Purchase $XDX At A low Price & Earn Rewards

    How Do I Buy $XDX?

    Visit: https://xendex.net/presale
    Set up a trustline-compatible wallet (e.g., Xaman)
    Minimum buy: 150 XRP
    Rate: 1.25 XRP = 10 XDX
    More info: https://xdxdocs.gitbook.io/xendex/buy-usdxdx-token-presale

    XenDex Presale Details

    • Soft Cap: Filled
    • Hard Cap: Almost Reached
    • Price: 1.25 XRP = 10 XDX
    • Presale Rate: 150 XRP = 1200 $XDX
    • Time Remaining: 5 Days

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

    Join XenDex Community

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

    Contact:
    Frank Richards
    Frank@xendex.net

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bbf962f-fa01-438e-828a-51e87891082a

    The MIL Network –

  • MIL-OSI: Free Psychic Love Reading [2025] Best Love Psychics Online

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, Nevada, May 23, 2025 (GLOBE NEWSWIRE) — Are you feeling lost in love, unsure about your current relationship, or curious about what’s ahead in your romantic future? A free psychic love reading can provide the clarity and guidance you need. Whether you’re navigating heartbreak, looking for your soulmate, or wanting to deepen your current bond, the best love psychics offer real insights that can transform your love life.

    ⇒ Connect with Real Love Psychics – First Reading Free!

    In a major update that’s generating buzz among spiritual seekers and those looking for clarity in love, the-psychic-experts.com has released its highly anticipated 2025 report on the best love psychic services offering free psychic love readings.

    Get a free psychic love reading from the best love psychics online! Accurate, compassionate, and trusted by thousands seeking clarity in relationships.

    ⇒ Connect with the Best Love Psychics Instantly – Free Reading Available

    An Urgent Need for Love Clarity in 2025

    According to the team at the-psychic-experts.com, more people than ever are turning to love psychics to answer deep emotional questions that traditional relationship advice can’t always solve. “People want clarity. They want confirmation, and they want it from a trusted source,” says a spokesperson for the site.

    This latest update from the-psychic-experts.com is designed to demystify the often-confusing world of free psychic love reading services, guiding users toward the most trusted and accurate web options without spending money upfront.

    Discover your romantic future with a free psychic love reading. Connect now with the best love psychics for clarity, truth, and emotional guidance.

    ⇒ Your Love Reading Is Waiting – Free Session from Trusted Psychics

    Who Should Explore Free Psychic Love Reading Services?

    If you’ve ever asked yourself any of the following:

    • Is my partner really my soulmate?
    • Will my ex come back?
    • Why do I keep attracting the same type of person?
    • What is blocking me from finding love?
    •  Should I stay in this relationship or walk away?

    Then, a psychic love reading could offer insights you haven’t considered. Even skeptics are often surprised by the accuracy of their readings, especially when they go in with an open heart and the right questions.

    Looking for answers in love? Try a free psychic love reading with the best love psychics. Accurate, compassionate, and available 24/7 to guide you.

    ⇒ Discover What the Best Love Psychics See in Your Future – Free Session

    How Psychic Experts Rank The Best Love Psychics

    This newly launched report results from months of careful evaluation by the psychic experts
    editorial and research teams. Platforms were reviewed based on multiple criteria:

    • Reader accuracy and connection quality
    • Transparency in pricing and session flow
    • Accessibility to free love psychic reading trials
    • User satisfaction and real testimonials
    •  Availability of love-focused psychics

    “We know how painful it can be to feel lost in your love life,” the spokesperson concluded. “This new report is for the people who are ready to stop guessing and start receiving answers.”

    With a rising number of people now searching for free psychic love reading, this announcement marks a significant moment in 2025’s spiritual and emotional wellness landscape.

    Unlock love insights with a free psychic love reading from the best love psychics. Trusted, accurate, and ready to reveal what’s next in your relationship.

    ⇒ Connect with the Best Love Psychics for a Free Love Reading Now

    What Is a Psychic Love Reading and How It Works

    In a world where love is more complicated than ever, many seek guidance beyond traditional advice. Whether it’s the uncertainty of modern dating, the pain of a breakup, or the confusion of emotions that come with long-term relationships, people are turning to a different kind of wisdom: psychic love reading.

    What exactly is a psychic love reading? How does it work, and can it offer real answers? Let’s break it down so you know what to expect when you begin this spiritual journey through free psychic love reading sessions.

    ⇒ Ask Your Love Question Today – First Psychic Reading Is Free

    Understanding the Core Concept

    A psychic love reading is a spiritual insight focused on your romantic life. Unlike general psychic readings that might touch on career, money, or family, this type of reading is laser-focused on your heart, emotions, desires, past, and potential romantic future.

    These readings are conducted by gifted individuals who use various intuitive tools or extrasensory perception to tune into your energy and love life. Depending on the reader, tools like tarot cards, astrology charts, or clairvoyance might be used to help explore the answers to your love questions to ask a psychic.

    Some people might ask, “What is a psychic really seeing when they look into my love life?” A good psychic doesn’t just tell you what you want to hear. They sense emotional patterns, energies between people, and potential timelines for romantic outcomes.

    ⇒ Get Real Answers from the Best Love Psychics – Free Session Awaits

    The Role of Energy in Love Psychic Sessions

    Energy drives everything, especially relationships. Whether you are trying to attract someone, wondering if an ex will return, or questioning whether you should walk away from a connection, energy plays a central role.

    In a love psychic session, the reader tunes into your energetic field. They pick up on emotional imprints left by past relationships and current romantic attachments. Think of it like scanning a frequency. Just as radio can tune in to different channels, love psychics can tune in to the energetic story of your heart.

    This is why it’s essential to come with clarity and openness. The more honest and receptive you are, the more accurate and insightful your free psychic love reading will likely be.

    ⇒ Start Your Free Love Psychic Reading – Trusted Experts Online Now

    How a Love Psychic Reading Session Works

    While each session may vary depending on the psychic’s abilities and methods, most psychic love reading experiences follow a general structure:

    1. Connection – The session begins with the psychic connecting to your energy or asking for a specific focus (e.g., your love life).
    2. Questioning – You are often encouraged to ask a free psychic love question. This could be about a current partner, a crush, your emotional past, or the future.
    3. Revelation – The psychic provides information based on what they sense or see. They may use spiritual tools to give context to their insights.
    4. Clarification – You can ask follow-up questions for further details.
    5. Advice – Many readers close the session by offering emotional guidance or affirmations to help you move forward.

    ⇒ Start a Free Love Reading – Talk to the Best Psychics Online

    If you’re unsure of what to say during your session, you can prepare some of the most common questions to ask a psychic about love, such as:

    • Is this person right for me?
    • Will I find true love soon?
    • Is my ex thinking about me?
    • Am I emotionally ready for a relationship?
    • How can I attract the right partner?

    Get the answers your heart needs with a free psychic love reading. Connect with the best love psychics and discover the truth about your relationship path.

    ⇒ Reveal the Truth About Your Love Life with a Free Psychic Reading

    Why People Choose Psychic Love Reading Services

    There’s no shortage of advice on love with books, podcasts, blogs, and therapists. So why are so many people searching for a free love psychic reading?

    The answer lies in intuition. Sometimes, logical advice doesn’t quite resonate. You may already know what your friends or therapist will say, but a psychic taps into a realm of emotional and spiritual truth that transcends surface-level understanding.

    Here’s why people often choose a psychic love reading:

    • They want spiritual validation for feelings they can’t explain.
    • They’re seeking closure or clarity about a breakup.
    • They feel stuck in repetitive dating patterns.
    • They want to know the emotional intentions of another person.
    • They’re curious about soulmate or twin flame connections.

    For many, a session with a love psychic is less about prediction and more about perspective.

    Discover what your heart needs to know with a free psychic love reading. Only the best love psychics deliver real, honest answers.

    ⇒ Find Peace in Love – Start a Free Psychic Reading with Love Experts

    Are Love Psychic Readings Accurate?

    This is one of the most common concerns for anyone new to psychic services. The truth is that accuracy can vary depending on the reader, your own energy, and your openness.

    That said, many users report surprisingly specific and meaningful revelations during their free psychic love reading. It’s important to note that psychic insights are not set in stone. They’re more like weather forecasts, reading current emotional conditions and offering probable outcomes based on those energies.

    But remember, free will plays a role in any outcome. A good love psychic helps you make informed decisions; they don’t force one version of the future on you.

    Get powerful love insights today with a free psychic love reading. Connect instantly with the best love psychics for trusted guidance.

    ⇒ Meet the Best Love Psychics – Your First Reading Is Totally Free!

    What Happens When You Ask a Free Psychic Love Question?

    One of the biggest draws of services offered at the-psychic-experts.com is the ability to ask a free psychic love question before committing to a longer session. It lets you test the waters, see how the psychic responds, and get a feel for their approach, all without risk.

    When you ask a free psychic love question, you’ll want to keep it focused and open-ended. 

    For example:

    • “What can you tell me about my current romantic connection?”
    • “What’s blocking me from finding lasting love?”
    • “What do I need to know about this person I’m dating?”

    Depending on the reader’s style, the answer may include emotional context, timelines, or even symbolic interpretations.

    Explore your romantic path with a free psychic love reading. Talk to the best love psychics now for deep, personal revelations.

    ⇒ Struggling in Love? Get a Free Psychic Love Reading Today

    Are Psychic Love Readings Only for Single People?

    Not at all. Psychic love reading sessions are just as powerful for people in long-term relationships. You might seek clarity about your partner’s emotional availability, long-term compatibility, or whether the relationship is still aligned with your life path.

    Even married couples seek love psychic reading free sessions to better understand each other or rekindle passion. It’s not about suspicion or insecurity but emotional growth and deeper insight.

    Whether navigating a breakup, manifesting your soulmate, or struggling to communicate with a current partner, a psychic love reading can offer the clarity that traditional methods often miss.
    You’re taking an empowering step toward emotional wisdom and spiritual alignment by focusing your questions, keeping an open mind, and choosing the right resource, like those offered through the-psychic-experts.com.

    ⇒ Experience your free psychic love reading and explore what love has in store!

    Benefits of Getting a Psychic Love Reading

    A psychic love reading isn’t just a novel experience; it can be deeply transformative. People often seek these sessions when they feel stuck, confused, heartbroken, or curious. However, once they go through the process, they often discover benefits beyond simple answers about their love life.

    Let’s take a comprehensive look at the real-world emotional, spiritual, and relational benefits of free psychic love reading. Whether you believe in spiritual energy or are simply open to alternative perspectives, there’s something to be gained from this journey into the heart’s mysteries.

    Deep Emotional Clarity

    Sometimes, love makes us feel foggy. We second-guess ourselves, misinterpret signs, or obsess over what our partner is thinking. A psychic love reading helps you see through the emotional clutter and clarifies what’s happening within your love life.

    A skilled love psychic tunes into your emotional patterns and translates them into words and truths you may not have been able to articulate yourself. The result is not just clarity but also peace of mind.

    ⇒ Ask a Free Psychic Love Question – Get Guidance from Real Experts

    Objective Spiritual Insight

    Unlike friends or family, who often have emotional attachments to your decisions, love psychics provide a non-judgmental space to receive guidance. When you ask a free psychic love question, the response comes from a neutral, spiritual place. This can be incredibly helpful when you feel your social circle isn’t giving you the guidance you need or simply want insight without interference.

    Since their feedback is based on energy, intuition, or spiritual tools rather than opinions or expectations, it offers a refreshing level of objectivity.

    Answers to Unspoken Questions

    There are some things we hesitate to ask others, such as questions we carry in our hearts but never say out loud. You can voice those hidden doubts and curiosities through a free love psychic reading.

    Many people use this space to explore emotionally intense or taboo subjects:

    • Is my partner still thinking about their ex?
    • Why do I feel disconnected in this relationship?
    • Am I blocking myself from love?

    These may be difficult topics to discuss openly, but love psychics are attuned to handling emotional depth without discomfort.

    ⇒ Explore Your Love Path with a Free Psychic Love Reading

    Validation of Your Intuition

    Have you ever had a “gut feeling” about someone but dismissed it? Then, months later, I realized you were right. One of the subtle but powerful benefits of a psychic love reading is that it can validate what you already know deep down.

    When a psychic echoes something you’ve been feeling or suspecting, it reinforces your own inner voice. That sense of confirmation can empower you to trust yourself more in future decisions.

    Releasing Past Baggage

    Past relationships often leave energetic imprints that continue to influence your present. You may not realize that you’re carrying emotional weight from an old connection until a love psychic reading free session reveals it.

    Psychics can sense lingering attachments, unresolved emotions, or karmic ties that are subtly affecting your ability to move forward. Once these are acknowledged, they can be addressed and released. This emotional clearing creates space for new, healthier love to enter your life.

    Guidance During Uncertainty

    The unknown can be terrifying, especially when it comes to love. You may deal with long-distance dynamics, non-committal partners, confusing breakups, or love triangles. In these moments of doubt, a free psychic love reading can offer clarity and guidance that helps you make confident decisions.

    Even if you don’t get definitive answers, spiritual insight allows you to navigate difficult emotional terrain with more strength and awareness.

    ⇒ No More Uncertainty in Love. Get Started with Free Psychic Love Reading!

    Exploring Future Possibilities

    Not all psychic love reading sessions are about resolving problems. Many people turn to love psychics to get a preview of what’s to come.

    Through these sessions, you may gain a better understanding of:

    • Potential romantic partners entering your life
    • Relationship timelines and milestones
    • Compatibility with new people you’re dating
    • Spiritual or emotional development within your relationship

    While nothing is set in stone, having a glimpse of potential outcomes can help you plan, prepare, or protect your heart accordingly.

    Better Decision-Making in Love

    When you’re emotionally involved, decision-making can be difficult. Your mind might say one thing while your heart says another. A psychic love reading acts as a spiritual compass to help you make love-related decisions more confidently.

    Should you give someone another chance? Is it time to move on? Can the relationship be saved? These are just some love questions to ask a psychic that can help you weigh your choices more effectively.

    ⇒ Connect with the Best Love Psychics Instantly – Free Reading Available

    Enhancing Self-Awareness

    One of the most overlooked benefits of a free psychic love reading is how much you learn about yourself. The reading may highlight patterns in how you show up in love, your emotional blind spots, or even the kinds of energy you attract.

    Self-awareness is the foundation of healthy relationships. When you understand your emotional makeup better, you can cultivate deeper, more authentic connections with others.

    Boosting Your Manifestation Abilities

    In the spiritual world, manifestation is attracting what you desire into your life. When you receive insight from a love psychic, you’re given tools and advice to help align your energy with what you truly want, whether it’s a soulmate, commitment, or emotional healing.

    Many users of free love psychic reading services report that after receiving their reading, they felt more aligned, confident, and clear about what to attract next.

    ⇒ Discover What’s Next in Your Love Life – Free Reading Included

    Peace of Mind Through Honest Answers

    At the end of the day, most people simply want peace of mind. Even if the answers you receive from a psychic love reading are not what you hoped to hear, there is comfort in knowing the truth. Being able to stop guessing and start healing is a powerful gift.

    Whether you’re getting back in the dating pool or healing from heartbreak, sometimes knowing is better than not knowing.

    Accessible & Affordable Support

    Another important benefit? Accessibility. You don’t need to book a therapist or wait weeks for an appointment. At the-psychic-experts.com, you can ask a free psychic love question and immediately start receiving insights. This kind of immediate support is invaluable when emotions are running high or you need guidance at the moment.

    Plus, getting a free psychic love question answered allows you to test the service without commitment. That level of accessibility makes spiritual guidance feel much more reachable for people who’ve never tried it before.

    Breaking Negative Dating Patterns

    Many people unknowingly fall into the same toxic patterns again and again. You may keep attracting emotionally unavailable partners or getting involved in one-sided relationships. A psychic love reading can help identify those recurring issues so you can break free from them.

    It offers the chance to step back, see the bigger picture, and understand what you’re being called to change. 

    ⇒ Ask Your First Psychic Love Question – No Charge, No Waiting

    Feeling Spiritually Supported

    Even for skeptics, there is something comforting about knowing the universe (or something greater) is listening. When you engage in a free psychic love reading, you connect with a larger spiritual reality that assures you you’re not alone in your emotional journey.

    This support can be deeply reassuring during times of loneliness or confusion. You may even leave the session feeling lighter, hopeful, and emotionally recharged.

    Developing a Regular Reflective Practice

    Psychic love reading can become part of a regular spiritual or emotional wellness practice for those who find value in it. Just as some people see therapists or journal regularly, others check in with love psychics to help them stay emotionally balanced and spiritually aligned.

    Even one question can lead to profound shifts in perspective, especially when done consistently over time.

    ⇒ Take the first step and ask your free psychic love question now!

    Who Are Free Psychic Love Readings Best For?

    While a free psychic love reading can offer value to virtually anyone interested in love or relationships, specific groups benefit most from this form of spiritual guidance. Love is universal, but the questions we ask and the answers we need vary depending on our emotional experiences and personal journeys.

    Let’s take a closer look at the kinds of individuals who may find tremendous value in exploring a free love psychic reading and how different relationship stages or challenges may call for different types of insight.

    ⇒ Find Clarity Now – Free Love Psychic Reading by Top Psychics

    The Recently Heartbroken

    Breakups leave people emotionally shaken and mentally confused. If you’ve recently gone through a painful breakup or separation, a psychic love reading can help you make sense of what just happened. You may be wondering:

    • Was it the right decision?
    • Will they come back?
    • Did they really love me?

    By asking a free psychic love question, you can receive spiritual insight that soothes your heart and gives you a better understanding of the deeper purpose behind the connection and the separation.

    The Hopeful Romantics

    If you still believe in love despite disappointments or setbacks, you’re likely craving clarity about what the future holds. A love psychic reading free session is perfect for those who are hopeful yet unsure.

    You might want to know:

    • When will I meet my soulmate?
    • Is love in my near future?
    • Am I emotionally ready for a new relationship?

    A good love psychic can help you understand the energy you’re currently radiating and what kind of relationship it’s likely to attract. If there are blocks, emotional, spiritual, or karmic, you’ll get guidance on how to release them.

    Singles Looking for Direction

    Being single can be empowering but also disorienting, especially when you’re actively looking for love but unsure where or how to find it. A free psychic love reading offers emotional encouragement and practical insight into how you’re energetically positioned.

    You may want to know:

    • What kind of partner should I be looking for?
    • Are my standards aligned with my emotional needs?
    • Is someone from my past still affecting my ability to move forward?

    When you ask a free psychic love question, you open a doorway to more conscious dating grounded in intuition rather than guesswork.

    ⇒ Get a Free Love Reading Online – Ask One Psychic Question Today

    Those in Complicated Relationships

    Not all relationships are picture-perfect. Many people are involved in situationships, long-distance romances, secret love affairs, or emotionally unstable connections. In these tangled dynamics, advice from friends or even therapists may fall short.

    That’s where a love psychic reading can help illuminate the deeper soul-level lessons behind the relationship:

    • Is this person truly my match?
    • Why do I feel so connected despite the chaos?
    • Should I stay and fight for it, or is it time to let go?

    Whether you’re dealing with commitment issues, an emotional rollercoaster, or an undefined bond, a free psychic love question can help you understand what’s really happening beneath the surface.

    People Facing Major Relationship Decisions

    Making big decisions in your love life, such as moving in together, getting married, or separating, often brings emotional overwhelm. If your heart and mind are at odds, a free love psychic reading can serve as a spiritual compass.

    This kind of reading is perfect for:

    • Engaged couples looking for validation
    • People questioning long-term compatibility
    • Individuals struggling with when or how to let go

    The answers you receive won’t dictate your life, but they can clarify your thoughts and give you the courage to make choices with confidence and spiritual support.

    ⇒ Start a Free Psychic Love Session with the Best Experts in 2025

    Those Curious About a Past Connection

    Sometimes, a former partner lingers in your thoughts or dreams long after the relationship ends. A psychic love reading may reveal unresolved energy or emotional bonds that haven’t been broken yet.

    You might ask:

    • Why can’t I stop thinking about them?
    • Was it a karmic or soulmate connection?
    • Will our paths cross again?

    These are powerful love questions to ask a psychic, especially when seeking closure or trying to understand what the relationship means in a broader, spiritual sense.

    ⇒ Ask a Free Psychic Love Question Right Now – Real Answers Only

    Emotionally Blocked Individuals

    Some people have been hurt so deeply that they struggle to open up again. A love psychic can help identify emotional wounds, subconscious blocks, or even generational patterns that keep someone close to love.

    In these cases, the reading becomes less about predicting romance and more about energetic healing. This is a powerful journey for those who:

    • Feel emotionally numb
    • Constantly attract unavailable partners
    • Have trust issues rooted in trauma

    A free psychic love reading can act as the first step in a healing process that gently reopens your heart and helps you believe in love again.

    Conclusion

    A free psychic love reading offers clarity, empowerment, and emotional healing. Whether you’re curious about a new connection, heartbroken from a past one, or simply looking for insight into your future, a love psychic can help illuminate the path.

    The value of these sessions lies in their ability to help people uncover hidden emotional patterns, identify romantic potential, and understand soul-level relationships. The experience is personal and often profound, especially when one is dealing with uncertainty in love or facing a crossroads in one’s romantic life.

    At the-psychic-experts.com, you can ask a free psychic love question and receive a personalized response tailored to your emotional and spiritual needs. These readings are about understanding who you are, how you connect, and how to open your heart more fully.

    If you’ve been struggling with matters of the heart, now is the time to seek insight from a trusted guide. Discover what’s possible for your love life, starting with a free love psychic reading from a platform ranked among the best by the psychic experts.

    FAQs 

    What is a psychic love reading?

    A psychic love reading is a session with a spiritual advisor who uses intuition, energy reading, or divination tools to provide insights into your romantic life.

    Can I really get a free psychic love reading online?

    Yes, many platforms, including the-psychic-experts.com, offer the option to ask a free psychic love question or receive a limited free love psychic reading to help you get started.

    What are the best love questions to ask a psychic?

    You can ask about timing (“When will I meet someone?”), compatibility (“Is this person right for me?”), or spiritual bonds (“Is this my soulmate?”). Choose questions to ask a psychic about love specific to your situation.

    Who are love psychics best suited for?

    Love psychics are ideal for anyone seeking a deeper understanding of their romantic life, whether you’re single, dating, healing from heartbreak, or in a complicated relationship.

    Media Contact
    Company: The Psychic Experts
    Contact Person: Anthony C. Bedoya
    Email: support@the-psychic-experts.com
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    URL: https://the-psychic-experts.com/
    Phone: +1 414-203-2598
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    The MIL Network –

  • MIL-OSI: Imperial Petroleum Inc. Reports First Quarter 2025 Financial and Operating Results

    Source: GlobeNewswire (MIL-OSI)

    ATHENS, Greece, May 23, 2025 (GLOBE NEWSWIRE) — IMPERIAL PETROLEUM INC. (NASDAQ: IMPP; the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2025.

    OPERATIONAL AND FINANCIAL HIGHLIGHTS

    • Fleet operational utilization of 83.8% in Q1 25’ versus 86% in Q4 24’ and 80.6% in Q1 24’.
    • About 47% of fleet calendar days were dedicated to time charter activity while 53% to spot activity.
    • Delivery of the dry bulk carrier, Supra Pasha (2012 built) on April 26th 2025; the remaining six contracted dry bulk carriers will be delivered by June 2025.
    • Revenues of $32.1 million in Q1 25’ compared to $41.2 million in Q1 24’- a 22.1% decline as market rates were stronger during Q1 24’.
    • Net income of $11.3 million in Q1 25’ versus $16.7 million in Q1 24’, corresponding to an EPS, basic of $0.32.
    • EBITDA1 of $14.7 million for Q1 25’.
    • Revenues and net income increased by $5.9 million (or 22.5%) and $7.4 million (or 189.7%), respectively, in Q1 25’ compared to Q4 24’.
    • Cash and cash equivalents including time deposits of $227.4 million as of March 31, 2025 which is 167.5% higher than our current market capitalization of about $85 million.
    • Recurring profitability and debt free capital structure facilitate robust cash flow generation.

    First Quarter 2025 Results:

    • Revenues for the three months ended March 31, 2025 amounted to $32.1 million, a decrease of $9.1 million, or 22.1%, compared to revenues of $41.2 million for the three months ended March 31, 2024, primarily due to a decrease in the spot market tanker rates. During the three months ended March 31, 2024 average spot rates for product and suezmax tankers were 26.9% and 24.2% higher than average spot rates during the three months ended March 31, 2025.
    • Voyage expenses and vessels’ operating expenses for the three months ended March 31, 2025 were $10.5 million and $7.1 million, respectively, compared to $13.5 million and $6.0 million, respectively, for the three months ended March 31, 2024. The $3.0 million decrease in voyage expenses is mainly attributed to increased time charter activity leading to a decline in spot days by 16.1%. The decline in spot days along with the decrease in the Suez Canal transits compared to the same period of last year, led to decreased bunker consumption by 21.2% and lower port expenses by 30.8%. The $1.1 million increase in vessels’ operating expenses is primarily due to the increased size of our fleet by an average of 2.1 vessels between the two periods.
    • Drydocking costs for the three months ended March 31, 2025 and 2024 were nil and $0.6 million, respectively. This decrease is due to the fact that during the three months ended March 31, 2025, no vessel underwent drydocking whereas during the three months ended March 31, 2024 our aframax tanker commenced its drydocking which was concluded within April 2024.
    • General and administrative costs for both the three months ended March 31, 2025 and 2024 were $1.2 million.
    • Depreciation for the three months ended March 31, 2025 and 2024 was $5.0 million and $4.0 million, respectively. The change is attributable to the increase in the average number of vessels in our fleet.
    • Management fees for the three months ended March 31, 2025 and 2024 were $0.5 million and $0.4 million, respectively. The change is attributable to the increase in the average number of vessels in our fleet.
    • Interest and finance costs for the three months ended March 31, 2025 and 2024 were $0.6 million and $0.002 million, respectively. The $0.6 million of costs for the three months ended March 31, 2025 relate mainly to accrued interest expense – related party in connection with the $14.0 million and $24.0 million part of the acquisition prices of our bulk carriers, Neptulus and Clean Imperial, respectively. These balances were completely settled in April 2025. For accounting purposes, the outstanding balances payable on the two vessels were required to be allocated between principal and imputed interest, despite the fact that no interest was contractually charged by the sellers. The total amounts ultimately paid remained consistent with the originally agreed purchase prices.
    • Interest income for the three months ended March 31, 2025 was $2.2 million as compared to $1.0 million for the three months ended March 31, 2024. The $1.2 million increase is mainly attributed to a higher amount of funds placed under time deposits.
    • Interest income – related party for the three months ended March 31, 2025 was nil as compared to $0.8 million for the three months ended March 31, 2024. The decrease is mainly attributed to the $0.8 million of accrued interest income – related party for the three months ended March 31, 2024 in connection with the $38.7 million of the sale price of the Aframax tanker Afrapearl II (ex. Stealth Berana). The balance was collected in July 2024, thus the balance for the three months ended March 31, 2025 was nil.
    • Foreign exchange (loss)/gain for the three months ended March 31, 2025 was a gain of $1.7 million as compared to a loss of $0.8 million for the three months ended March 31, 2024. The $1.7 million foreign exchange gain for the three months ended March 31, 2025, is mainly attributed the strengthening of the euro currency against the dollar at the end of the three months ended March 31, 2025 when compared to the respective currency values at the end of year 2024.
    • As a result of the above, for the three months ended March 31, 2025, the Company reported net income of $11.3 million, compared to net income of $16.7 million for the three months ended March 31, 2024. Dividends paid on Series A Preferred Shares amounted to $0.4 million for the three months ended March 31, 2025. The weighted average number of shares of common stock outstanding, basic, for the three months ended March 31, 2025 was 32.9 million. Earnings per share, basic and diluted, for the three months ended March 31, 2025 amounted to $0.32 and $0.30, respectively, compared to earnings per share, basic and diluted, of $0.56 and $0.50, respectively, for the three months ended March 31, 2024.
    • Adjusted net income1 was $12.2 million corresponding to an Adjusted EPS1, basic of $0.34 for the three months ended March 31, 2025 compared to an Adjusted net income of $17.5 million corresponding to an Adjusted EPS, basic, of $0.59 for the same period of last year.
    • EBITDA1 for the three months ended March 31, 2025 amounted to $14.7 million, while Adjusted EBITDA1 for the three months ended March 31, 2025 amounted to $15.6 million.
    • An average of 11.90 vessels were owned by the Company during the three months ended March 31, 2025 compared to 9.84 vessels for the same period of 2024.

    1 EBITDA, Adjusted EBITDA, Adjusted Net Income and Adjusted EPS are non-GAAP measures. Refer to the reconciliation of these measures to the most directly comparable financial measure in accordance with GAAP set forth later in this release. Reconciliations of Adjusted Net Income, EBITDA and Adjusted EBITDA to Net Income are set forth below.

    Fleet Employment Table

    As of May 23, 2025, the profile and deployment of our fleet is the following:

                           
    Name Year
    Built    		    Country
    Built    		    Vessel Size
    (dwt)    		    Vessel
    Type    		    Employment
    Status    		    Expiration of
    Charter(1)
    Tankers                           
    Magic Wand 2008    Korea    47,000    MR product tanker    Time Charter   October 2025
    Clean Thrasher 2008    Korea    47,000    MR product tanker    Time Charter    May 2025
    Clean Sanctuary (ex. Falcon Maryam) 2009    Korea    46,000    MR product tanker    Spot     
    Clean Nirvana 2008    Korea    50,000    MR product tanker    Spot     
    Clean Justice 2011    Japan    46,000    MR product tanker    Time Charter    September 2027
    Aquadisiac 2008   Korea   51,000   MR product tanker   Spot    
    Clean Imperial 2009   Korea   40,000   MR product tanker   Time Charter   January 2026
    Suez Enchanted 2007    Korea    160,000    Suezmax tanker    Spot     
    Suez Protopia 2008    Korea    160,000    Suezmax tanker    Spot     
    Drybulk Carriers(2)                           
    Eco Wildfire 2013    Japan    33,000    Handysize drybulk    Time Charter    May 2025
    Glorieuse 2012    Japan    38,000    Handysize drybulk    Time Charter    June 2025
    Neptulus 2012   Japan   33,000   Handysize drybulk   Time Charter   June 2025
    Supra Pasha 2012   Japan   56,000   Supramax drybulk   Spot    
    Fleet Total           807,000 dwt               
    (1)
    (2)    		 Earliest date charters could expire.
    We have contracted to acquire six Japanese built drybulk carriers, aggregating approximately 387,000 dwt, which are
    expected to be delivered to us by June 2025.
       

    CEO Harry Vafias Commented

    Another year commenced with a positive momentum for Imperial Petroleum. We are happy as we consider the $11.3 million of net income generated in Q1 25’ a very good result given the eventful but softish market. This is a busy period for our Company but at the same time exciting as we are taking on delivery of another six drybulk vessels. Within the short life of Imperial Petroleum, we are expanding our fleet from four vessels to nineteen by the second quarter of 2025; our goal of growing fast and transforming a small company to medium sized was achieved. We feel confident that the diversified quality non- Chinese fleet we have created will pay off. Imperial Petroleum enjoys fast growth, recurring profits, zero bank debt and liquidity as of March 31, 2025 in excess of $220 million and as per our view ticks all the boxes that define a successful operation.

    Conference Call details:

    On May 23, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.

    Online Registration:

    Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call.

    https://register-conf.media-server.com/register/BIaef045aa9f5b46a7b5e8eb48c2e56115

    Slides and audio webcast:

    There will also be a live and then archived webcast of the conference call, through the IMPERIAL PETROLEUM INC. website (www.ImperialPetro.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    About IMPERIAL PETROLEUM INC.        

    IMPERIAL PETROLEUM INC. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services. The Company owns a total of thirteen vessels on the water – seven M.R. product tankers, two suezmax tankers and four handysize drybulk carriers – with a total capacity of 807,000 deadweight tons (dwt), and has contracted to acquire an additional six drybulk carriers of 387,000 dwt aggregate capacity. Following these deliveries, the Company’s fleet will count a total of 19 vessels with an aggregate capacity of 1.2 million dwt. IMPERIAL PETROLEUM INC.’s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols “IMPP” and “IMPPP,” respectively.

    Forward-Looking Statements

    Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although IMPERIAL PETROLEUM INC. believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, IMPERIAL PETROLEUM INC. cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, geopolitical conditions, including any trade disruptions resulting from tariffs and other protectionist measures imposed by the United States or  other countries, general market conditions, including changes in charter hire rates and vessel values, charter counterparty performance, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled drydockings, changes in IMPERIAL PETROLEUM INC’s operating expenses, including bunker prices, drydocking and insurance costs, ability to obtain financing and comply with covenants in our financing arrangements, actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, the conflict in Ukraine and related sanctions, the conflicts in the Middle East, potential disruption of shipping routes due to ongoing attacks by Houthis in the Red Sea and Gulf of Aden or accidents and political events or acts by terrorists.

    Risks and uncertainties are further described in reports filed by IMPERIAL PETROLEUM INC. with the U.S. Securities and Exchange Commission.

    Fleet List and Fleet Deployment        
    For information on our fleet and further information:
    Visit our website at www.ImperialPetro.com

    Company Contact:
    Fenia Sakellaris
    IMPERIAL PETROLEUM INC.
    E-mail: info@ImperialPetro.com

    Fleet Data:
    The following key indicators highlight the Company’s operating performance during the three month periods ended March 31, 2024 and 2025.

    FLEET DATA Q1 2024 Q1 2025
    Average number of vessels (1) 9.84 11.90
    Period end number of owned vessels in fleet 11 12
    Total calendar days for fleet (2) 895 1,071
    Total voyage days for fleet (3) 878 1,067
    Fleet utilization (4) 98.1% 99.6%
    Total charter days for fleet (5) 207 504
    Total spot market days for fleet (6) 671 563
    Fleet operational utilization (7) 80.6% 83.8%
         

    1) Average number of vessels is the number of owned vessels that constituted our fleet for the relevant period, as measured by the sum of the number of days each vessel was a part of our fleet during the period divided by the number of calendar days in that period.
    2) Total calendar days for fleet are the total days the vessels we operated were in our possession for the relevant period including off-hire days associated with major repairs, drydockings or special or intermediate surveys.
    3) Total voyage days for fleet reflect the total days the vessels we operated were in our possession for the relevant period net of off-hire days associated with major repairs, drydockings or special or intermediate surveys.
    4) Fleet utilization is the percentage of time that our vessels were available for revenue generating voyage days, and is determined by dividing voyage days by fleet calendar days for the relevant period.
    5) Total charter days for fleet are the number of voyage days the vessels operated on time or bareboat charters for the relevant period.
    6) Total spot market charter days for fleet are the number of voyage days the vessels operated on spot market charters for the relevant period.
    7) Fleet operational utilization is the percentage of time that our vessels generated revenue, and is determined by dividing voyage days excluding idle days by fleet calendar days for the relevant period.

    Reconciliation of Adjusted Net Income, EBITDA, adjusted EBITDA and adjusted EPS:

    Adjusted net income represents net income before share based compensation. EBITDA represents net income before interest and finance costs, interest income and depreciation. Adjusted EBITDA represents net income before interest and finance costs, interest income, depreciation and share based compensation.
    Adjusted EPS represents Adjusted net income attributable to common shareholders divided by the weighted average number of shares. EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS are not recognized measurements under U.S. GAAP. Our calculation of EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS may not be comparable to that reported by other companies in the shipping or other industries. In evaluating Adjusted EBITDA, Adjusted net income and Adjusted EPS, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments in this presentation.

    EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS are included herein because they are a basis, upon which we and our investors assess our financial performance. They allow us to present our performance from period to period on a comparable basis and provide investors with a means of better evaluating and understanding our operating performance.

    (Expressed in United States Dollars,
    except number of shares)    		 Third Quarter Ended March 31st,
      2024   2025
    Net Income – Adjusted Net Income      
    Net income 16,654,604   11,290,986
    Plus share based compensation 858,810   889,076
    Adjusted Net Income 17,513,414   12,180,062
           
    Net income – EBITDA      
    Net income 16,654,604   11,290,986
    Plus interest and finance costs 2,430   606,383
    Less interest income (1,785,878)   (2,184,394)
    Plus depreciation 4,027,061   5,002,837
    EBITDA 18,898,217   14,715,812
           
    Net income – Adjusted EBITDA      
    Net income 16,654,604   11,290,986
    Plus share based compensation 858,810   889,076
    Plus interest and finance costs 2,430   606,383
    Less interest income (1,785,878)   (2,184,394)
    Plus depreciation 4,027,061   5,002,837
    Adjusted EBITDA 19,757,027   15,604,888
           
    EPS      
    Numerator      
    Net income 16,654,604   11,290,986
    Less: Cumulative dividends on preferred shares (435,246)   (435,246)
    Less: Undistributed earnings allocated to non-vested shares (856,950)   (453,265)
    Net income attributable to common shareholders, basic 15,362,408   10,402,475
    Denominator      
    Weighted average number of shares 27,613,661   32,944,925
    EPS – Basic 0.56   0.32
           
    Adjusted EPS      
    Numerator      
    Adjusted net income 17,513,414   12,180,062
    Less: Cumulative dividends on preferred shares (435,246)   (435,246)
    Less: Undistributed earnings allocated to non-vested shares (902,326)   (490,387)
    Adjusted net income attributable to common shareholders, basic 16,175,842   11,254,429
           
    Denominator      
    Weighted average number of shares 27,613,661   32,944,925
    Adjusted EPS, Basic 0.59   0.34
           

    Imperial Petroleum Inc.
    Unaudited Consolidated Statements of Income
    (Expressed in United States Dollars, except for number of shares)

        Quarters Ended March 31,
        2024   2025
             
    Revenues      
      Revenues 41,203,281   32,091,626
             
    Expenses      
      Voyage expenses 12,963,607   10,054,114
      Voyage expenses – related party 514,414   401,753
      Vessels’ operating expenses 5,951,561   7,021,928
      Vessels’ operating expenses – related party 82,000   98,500
      Drydocking costs 625,457   —
      Management fees – related party 393,800   471,240
      General and administrative expenses 1,207,168   1,217,977
      Depreciation 4,027,061   5,002,837
    Total expenses 25,765,068   24,268,349
             
    Income from operations 15,438,213   7,823,277
             
    Other (expenses)/income      
      Interest and finance costs (2,430)   (3,607)
      Interest expense – related party —   (602,776)
      Interest income 1,035,261   2,184,394
      Interest income – related party 750,617   —
      Dividend income from related party 189,583   187,500
      Foreign exchange (loss)/gain (756,640)   1,702,198
    Other income, net 1,216,391   3,467,709
             
    Net Income 16,654,604   11,290,986
             
    Earnings per share      
    – Basic 0.56   0.32
    – Diluted 0.50   0.30
             
    Weighted average number of shares      
    -Basic 27,613,661   32,944,925
    -Diluted 30,951,012   34,258,803
             

    Imperial Petroleum Inc.
    Unaudited Consolidated Balance Sheets
    (Expressed in United States Dollars)

        December 31,   March 31,
        2024   2025
             
    Assets      
    Current assets      
      Cash and cash equivalents 67,783,531   126,520,450
      Time deposits 138,948,481   100,900,500
      Trade and other receivables 13,456,083   8,772,549
      Other current assets 652,769   67,374
      Inventories 7,306,356   6,705,115
      Advances and prepayments 250,562   209,858
    Total current assets 228,397,782   243,175,846
             
    Non current assets      
      Operating lease right-of-use asset 78,761   60,239
      Vessels, net 208,230,018   227,015,031
      Investment in related party 12,798,500   12,794,333
    Total non current assets 221,107,279   239,869,603
    Total assets 449,505,061   483,045,449
             
    Liabilities and Stockholders’ Equity      
    Current liabilities      
      Trade accounts payable 5,243,872   5,923,098
      Payable to related parties 18,725,514   39,232,604
      Accrued liabilities 3,370,020   3,604,467
      Operating lease liability, current portion 1,419,226   60,239
      Deferred income 78,761   1,812,557
    Total current liabilities 28,837,393   50,632,965
             
    Total liabilities 28,837,393   50,632,965
             
    Commitments and contingencies      
             
    Stockholders’ equity      
      Common stock 382,755   386,671
      Preferred Stock, Series A 7,959   7,959
      Preferred Stock, Series B 160   160
      Treasury stock (8,390,225)   (8,390,225)
      Additional paid-in capital 282,642,357   283,527,517
      Retained earnings 146,024,662   156,880,402
    Total stockholders’ equity 420,667,668   432,412,484
    Total liabilities and stockholders’ equity 449,505,061   483,045,449
           

    Imperial Petroleum Inc.
    Unaudited Consolidated Statements of Cash Flows
    (Expressed in United States Dollars

        Three Month Periods Ended March 31,
        2024   2025
         
    Cash flows from operating activities      
      Net income for the period 16,654,604   11,290,986
             
    Adjustments to reconcile net income to net cash      
      provided by operating activities:      
      Depreciation 4,027,061   5,002,837
      Non – cash lease expense 17,550   18,522
      Share based compensation 858,810   889,076
      Unrealized foreign exchange loss/(gain) on time deposits 799,150   (358,420)
      Dividend income from related party (189,583)   —
             
    Changes in operating assets and liabilities:      
      (Increase)/decrease in      
      Trade and other receivables (3,249,129)   4,683,534
      Other current assets (532,029)   585,395
      Inventories (574,256)   601,241
      Changes in operating lease liabilities (17,550)   (18,522)
      Advances and prepayments (45,536)   40,704
      Due from related parties (879,732)   4,167
      Increase/(decrease) in      
      Trade accounts payable (1,100,028)   679,226
      Due to related parties 2,839,227   (3,369,040)
      Accrued liabilities 903,784   234,447
      Deferred income (869,166)   393,331
    Net cash provided by operating activities 18,643,177   20,677,484
             
    Cash flows from investing activities      
      Dividends income received 191,667   —
      Acquisition and improvement of vessels (72,257,190)   (4,350)
      Increase in bank time deposits (31,695,420)   (57,958,390)
      Maturity of bank time deposits 31,368,080   96,364,791
    Net cash (used in)/provided by investing activities (72,392,863)   38,402,051
             
    Cash flows from financing activities      
      Stock issuance costs (2,504,498)   —
      Dividends paid on preferred shares (341,947)   (342,616)
    Net cash used in financing activities (2,846,445)   (342,616)
             
    Net (decrease)/increase in cash and cash equivalents (56,596,131)   58,736,919
    Cash and cash equivalents at beginning of period 91,927,512   67,783,531
    Cash and cash equivalents at end of period 35,331,381   126,520,450
    Cash breakdown       
      Cash and cash equivalents 35,331,381   126,520,450
    Total cash and cash equivalents shown in the statements of cash flows 35,331,381   126,520,450

    The MIL Network –

  • MIL-OSI: Peyto Exploration & Development Corp. Announces Voting Results From Annual and Special Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 23, 2025 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX – PEY) (“Peyto“) is pleased to announce that the nominees listed in the information circular – proxy statement dated April 2, 2025 were elected as directors of Peyto at Peyto’s annual and special meeting of shareholders (the “Meeting“) held on May 22, 2025. The detailed results of the votes for the election of directors, the appointment of auditors, the advisory vote on executive compensation and approval of the total shareholder return rights plan held at the Meeting are set out below.

    Election of Directors

    On a vote by ballot, each of the following nine nominees proposed by management was elected as a director of Peyto:

    Nominee   Outcome of Vote   Votes For   Votes Withheld
    Donald Gray   Elected   86,197,115   9,670,104
    Michael MacBean   Elected   91,436,025   4,431,195
    Brian Davis   Elected   93,801,543   2,065,676
    Darren Gee   Elected   93,274,345   2,592,875
    Jean-Paul Lachance   Elected   94,383,235   1,483,984
    Jocelyn McMinn   Elected   89,376,549   6,490,671
    John W. Rossall   Elected   95,416,660   450,559
    Debra Gerlach   Elected   94,478,939   1,388,281
    Nicki Stevens   Elected   92,357,435   3,509,784
                 

    Appointment of Auditors 

    By ordinary resolution passed via ballot, Deloitte LLP, Chartered Professional Accountants, were appointed as auditors of Peyto until the next annual meeting or until their successors are duly appointed, and the directors were authorized to fix their remuneration. The results of the ballot were as follows:

      Votes For   Percent (%)   Votes Withheld   Percent (%)
      95,603,268   95.11%   4,910,425   4.89%
                   

    Advisory Vote on Executive Compensation

    By ordinary resolution passed via ballot, the non-binding advisory resolution concerning Peyto’s approach to executive compensation was approved. The results of the ballot were as follows:

      Votes For   Percent (%)   Votes Against   Percent (%)
      89,147,761   92.99%   6,719,458   7.01%
                   

    Approval of the Total Shareholder Return Rights Plan

    By ordinary resolution passed via ballot, Peyto’s total shareholder return rights plan was ratified and approved. The results of the ballot were as follows:

      Votes For   Percent (%)   Votes Against   Percent (%)
      90,874,189   94.79%   4,993,029   5.21%
                   

    For further information please contact:

    Jean-Paul Lachance
    President and Chief Executive Officer
    Phone: (403) 451-4111
    Fax: (403) 451-4100

    The MIL Network –

  • MIL-OSI: Bulletin from the Annual General Meeting of Terranet AB on May 23, 2025

    Source: GlobeNewswire (MIL-OSI)

    The annual general meeting of Terranet AB (the “Company”) was held today, May 23, 2025, in Lund. The meeting resolved, with the required majority and in accordance with the board’s proposal, on the following main resolutions.

    Adoption of the profit and loss account and balance sheet
    The annual general meeting resolved to adopt the income statement and balance sheet of the Company and the consolidated income statement and consolidated balance sheet.

    Allocation of profits
    The annual general meeting decided to allocate the result in accordance with the board’s proposal in the annual report, i.e. that the result be carried forward.

    Discharge from liability
    The members of the board of directors and the CEO were discharged from liability for the financial year 2024.

    Election of Board of Directors, auditor and remuneration
    The annual general meeting resolved that the board of directors shall consist of five (5) members without deputies. It was further resolved that the Company shall have a registered accounting firm as auditor.

    Torgny Hellström, Anders Blom, Magnus Edman and Mats Fägerhag were re-elected as board members. Uwe Brandenburg was also elected as a new board member. Torgny Hellström was re-elected chairman of the board.

    The registered accounting firm Ernst & Young AB (“EY“) was elected as the Company’s auditor. EY has announced that the authorized public accountant Martin Henriksson will be the auditor in charge.

    It was resolved that a fee of SEK 185,000 shall be paid to each of the members elected by the annual general meeting who are not employed by the Company or the Group, and SEK 495,000 to the chairman of the board. A fee of SEK 27,500 shall be paid to each of the members of the
    remuneration committee (maximum three members) and a fee of SEK 65,000 shall be paid to each of the members of the audit committee (maximum two members), and SEK 110,000 to its chairman. It was resolved that fees to the auditor shall be paid according to approved invoices.

    Decision to amend the articles of association
    The annual general meeting decided to amend the articles of association as follows.

    Previous wording New wording
    § 4 Share capital

    The share capital shall be not less than SEK 3,300,000 and not more than SEK 13,200,000.

    		 § 4 Share capital

    The share capital shall be not less than SEK 14,500,000 and not more than SEK 58,000,000.
    § 5 Number of shares

    The number of shares shall be not less than 330 000 000 and not more than 1 320 000 000.

    		 § 5 Number of shares

    The number of shares shall be not less than 1 450 000 000 and not more than 5 800 000 000.

    Approval of the Board’s decision on a directed share issue
    The meeting resolved to approve the board of directors’ resolution of April 16, 2025 on a new share issue of up to 5,461,210 units (the “Directed Issue“). The new series B shares and warrants shall be issued in units. Each unit contains 33 series B shares and five (5) warrants of series TO9 B. The Company’s share capital may, through the Directed Issue, be increased by a maximum of SEK 1,802,199.30 through the issuance of a maximum of 180,219,930 series B shares. The subscription price per unit amounts to SEK 2.97, corresponding to a subscription price per share of SEK 0.09.

    The right to subscribe for shares in the Directed Issue is, with deviation from the shareholders’ preferential rights, granted to a number of pre-announced investors, existing shareholders and members of the Company’s management and board of directors.

    Through the Directed Issue, a maximum of 27,306,050 warrants of series TO9 B are issued, entailing an increase of the share capital upon full exercise by a maximum of SEK 273,060.50. Each warrant of series TO9 B entitles the holder to subscribe for one (1) series B share at a subscription price corresponding to SEK 0.18. The subscription price may not be less than the share’s quota value applicable at any given time. Subscription for new shares by exercising the warrants of series TO9 B can take place during the period from December 1, 2025 up to and including December 15, 2025.

    Approval of the Board’s decision on a rights issue of units
    The annual general meeting also resolved to approve the board of directors’ resolution of April 16, 2025 on a new issue of a maximum of 13,880,714 units with preferential rights for existing shareholders (the “Rights Issue”). The new shares and warrants shall be issued in units (so-called units). Each unit shall contain twelve (12) series B shares and three (3) warrants of series TO9 B. The Company’s share capital may, through the Rights Issue, be increased by a maximum of SEK 1,665,685.68 through the issue of a maximum of 166,568,568 series B shares. The subscription price amounts to SEK 1.08 per unit, corresponding to a subscription price of SEK 0.09 per share. The warrants are issued without consideration.

    The right to subscribe for units in the Rights Issue shall, with preferential rights, be granted to those who are registered as shareholders in the Company on the record date for the Rights Issue, whereby the holding of one (1) series B share entitles to one (1) unit right. Eighty-six (86) unit rights entitle to subscription of one (1) unit. Subscription of units shall take place during the period from May 27, 2025 up to and including June 11, 2025.

    Through the Rights Issue, a maximum of 41,642,142 warrants of series TO9 B are issued, entailing an increase in the share capital upon full exercise by a maximum of SEK 416,421.42. Each warrant of series TO9 B entitles the holder to subscribe for one (1) series B share at a subscription price corresponding to SEK 0.18. The subscription price may not be less than the share’s quota value applicable at any given time. Subscription for new shares by exercising the warrants of series TO9 B can take place during the period from December 1, 2025 up to and including December 15, 2025.

    Resolution to authorize the Board of Directors to resolve new issues of shares, warrants and convertibles
    The annual general meeting resolved to authorize the board of directors to decide, on one or more occasions up until the next annual general meeting, on the issue of series B shares, warrants and/or convertibles with the right to subscribe for or convert series B shares, with or without deviation from the shareholders’ preferential rights, within the limits of the articles of association applicable at any given time, to be paid in cash, in kind and/or by set-off.

    The main reason for the board of directors to be able to decide on a new share issue without preferential rights for shareholders as described above is to be able to raise new capital to increase the Company’s flexibility for financing.

    Resolution authorizing the Board of Directors to make minor adjustments to the resolutions adopted by the General Meeting
    The meeting resolved to authorize the board of directors, the CEO or the person otherwise appointed by the board of directors to make such minor adjustments and clarifications to the resolutions adopted at the annual general meeting as are necessary for the registration of the resolutions.

    _______________

    Lund in May 2025
    Terranet AB
    The Board of Directors

    For more information, please contact:        
    Lars Lindell, CEO
    E-mail: lars.lindell@terranet.se

    About Terranet AB (publ)
    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.

    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: www.terranet.se

    Attachment

    The MIL Network –

  • MIL-OSI: No KYC. 100x Leverage. Double Deposit Bonus. Crypto Futures Trading for Everyone on BexBack.

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 23, 2025 (GLOBE NEWSWIRE) — With Bitcoin surging past $110,000 for the first time in history, the cryptocurrency market is officially back in a bull run. But while the headlines celebrate new all-time highs, seasoned traders know that the real opportunity lies not in holding — but in leveraged futures trading.

    In high-volatility conditions like these, spot traders often struggle to generate short-term profits. That’s why more and more investors are turning to 100x leverage crypto futures to amplify gains and capitalize on market swings.

    BexBack Exchange is at the forefront of this shift, offering powerful tools and unmatched promotions to help users seize the moment. The platform now features:

    Why Trade with 100x Leverage?

    1. Amplified Profits – Control large positions with a small capital base, turning small moves into major wins.
    2. Low Entry Barrier – Enter high-value trades without locking up massive funds.
    3. Trade Volatility with Precision – Profit in both bullish and bearish markets.
    4. Maximize Capital Efficiency – Free up your assets for multiple strategies.
    5. Profit in Any Direction – Long or short, leveraged futures let you adapt instantly.

    What Is 100x Leverage — and Why It Works

    Imagine BTC is at $110,000.
    You go long with 1 BTC using 100x leverage — meaning you’re trading as if you had 100 BTC.
    If BTC rises just 5%, to $115,500, you gain 5 BTC in profit — a 500% ROI.

    And with BexBack’s 100% deposit bonus, if you started with 2 BTC, your margin becomes 4 BTC. That 5% move would now return up to 10 BTC — a 1000% ROI.
    (Note: While leverage multiplies gains, it also increases risk. Manage carefully.)

    How the 100% Deposit Bonus Works

    • Bonus is automatically credited after your qualifying deposit.
    • It can’t be withdrawn directly — but can be used to increase position size or reduce liquidation risk.
    • Works as “extra margin” in volatile markets — helping you stay in the trade longer.

    Why More Traders Are Switching to BexBack

    BexBack is licensed as a U.S. MSB (Money Services Business) and serves over 500,000 users across North America, Europe, and Asia. Unlike many competitors, BexBack removes friction — with no identity checks and instant onboarding.

    Platform Highlights:

    • No KYC Required – Start trading instantly with just an email
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    The Bull Market Has Returned. Are You Ready?

    If you missed the last crypto wave, this is your chance. Don’t sit on the sidelines.
    With 100x leverage, up to $50 in welcome rewards, and no KYC barriers, BexBack empowers you to trade faster, smarter, and with full control.

    Sign Up Now on BexBack — Break the 100x Leverage and KYC Barriers, Get Double Deposit Bonus and $50 Welcome Bonus Instantly.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
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    business@bexback.com

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6fdaff9f-4cae-46a2-a812-4114a2de423a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c87e3bc2-0234-4dae-9cab-ef7cb9e4ed5c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/20663241-4d43-4208-9102-0818dbb3daaa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d36a9ea9-3ab7-4114-9d6d-6471435f56c4

    The MIL Network –

  • MIL-OSI: Announcement of the final result of Nykredit’s recommended voluntary public tender offer for Spar Nord Bank A/S – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT IS PUBLISHED PURSUANT TO 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

    Announcement of the final result of Nykredit’s recommended voluntary public tender offer for Spar Nord Bank A/S

    23 May 2025

    Nykredit announces the final result of the recommended voluntary public tender offer for Spar Nord Bank A/S

    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 takeover 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. As stated in a supplement dated 2 April 2025, the offer price has subsequently been increased to DKK 210.50 per share.

    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. The Offer Document was most recently supplemented in a supplement of 23 April 2025.

    The offer period expired on 20 May 2025 at 23:59 (CEST), and on 21 May 2025 Nykredit announced the preliminary result of the Offer in accordance with section 21(3) of the Danish Takeover Order. The preliminary result of the Offer showed that Nykredit had obtained acceptances which, combined Spar Nord Bank shares held by Nykredit, represent 96.54 per cent of the total share capital and voting rights in Spar Nord Bank, excluding Spar Nord Bank’s holding of treasury shares.

    Final result

    In accordance with section 21(3) of the Danish Takeover Order, Nykredit hereby announces the final result of the Offer.

    The final summation of acceptances shows that Nykredit has obtained acceptances for 72,169,763 shares, equal to 62.87 per cent of the share capital and the associated voting rights in Spar Nord Bank, excluding Spar Nord Bank’s holding of 2,918,044 treasury shares. The acceptances correspond to 61.32 per cent of the total share capital and voting rights in Spar Nord Bank.

    The acceptances received combined with the total of 38,646,475 Spar Nord Bank shares owned by Nykredit represent 96.54 per cent of the total share capital and voting rights in Spar Nord Bank, excluding Spar Nord Bank’s holding of treasury shares. The acceptances received and Nykredit’s holding of Spar Nord Bank shares correspond in total to 94.15 per cent of the total share capital and the total number of voting rights in Spar Nord Bank.

    The relevant regulatory approvals have been obtained, and the final summation of acceptances confirms that the minimum condition for acceptance is also fulfilled. Nykredit therefore considers that all conditions for completion of the Offer have been fulfilled, and Nykredit intends to complete the Offer on the terms and conditions set out in the Offer Document.

    Settlement

    The Offer is expected to be completed on 28 May 2025, on which date the cash consideration will be paid to the designated account of each Spar Nord Bank shareholder who has validly accepted the Offer and who has not validly withdrawn the acceptance of the Offer.

    Compulsory acquisition, delisting and changes to the management and articles of association

    As Nykredit stands to obtain an ownership interest corresponding to more than 90 per cent of the share capital and the associated voting rights in Spar Nord Bank (excluding treasury shares) upon completion of the Offer, it is Nykredit’s intention, as described in section 7.8 of the Offer Document, to initiate and complete a compulsory acquisition of the shares held by the remaining Spar Nord Bank shareholders in pursuance of sections 70-72 of the Danish Companies Act.

    Nykredit furthermore intends to seek to have the Spar Nord Bank shares removed from trading and official listing on Nasdaq Copenhagen A/S as described in section 7.9 of the Offer Document.

    In this connection, Nykredit will request Spar Nord Bank to convene an extraordinary general meeting at which Nykredit, as described in sections 7.4 and 7.5 of the Offer Document, will propose changes to the board of directors of Spar Nord Bank and changes to Spar Nord Bank’s articles of association.

    Detailed information on compulsory acquisition and delisting will be published in separate announcements.

    Additional information

    Contact persons:

    Investor contact:

    Morten Bækmand, Head of Investor Relations, Nykredit (+45 4455 1521)

    Media contact:

    Orhan Gökcen, Head of Press, Nykredit (+45 3121 0639)

    For further information about the Offer, please see: https://www.nykredit.com/en-gb/offer-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 Offer Document, supplements 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 Offer Document, 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 Offer Document or supplements 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

    Attachment

    The MIL Network –

  • MIL-OSI: Nykredit announces final result of the takeover offer

    Source: GlobeNewswire (MIL-OSI)

    Nykredit has announced the final result of the takeover offer

    NOT FOR DIRECT OR INDIRECT RELEASE, PUBLICATION OR DISTRIBUTION IN OR TO ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE CONTRARY TO APPLICABLE LEGISLATION OR RULES OF SUCH JURISDICTION

    With reference to Spar Nord Bank A/S’ (Spar Nord) company announcement no. 13/2025 concerning the preliminary result of the all-cash voluntary takeover offer from Nykredit Realkredit A/S (Nykredit) for all shares (other than treasury shares held by Spar Nord) in Spar Nord (the Offer), Nykredit has today announced the final result of the Offer. Nykredit’s announcement is attached.

    Final result
    The offer period expired on 20 May 2025 at 23:59 (CEST), and the preliminary result was announced on 21 May 2025.

    Nykredit has announced the final result of the Offer and informed Spar Nord that it has received acceptances representing 72,169,763 Spar Nord shares. Together with Nykredit’s holding of Spar Nord shares, this corresponds to 94.15% of the entire share capital and total number of voting rights in Spar Nord. On that basis, Nykredit will upon completion of the Offer hold 96.54% of the share capital and voting rights in Spar Nord, excluding treasury shares held by Spar Nord.

    Relevant public authority approvals have been obtained (cf. company announcement no. 12/2025), and the final summation of acceptances confirms that the minimum condition for acceptance is also fulfilled. Nykredit therefore considers all conditions to completion pursuant to the Offer as satisfied, and Nykredit intends to complete the Offer on the terms as set forth in the offer document.

    Completion and settlement
    The Offer will be completed and settled in accordance with the terms and conditions of the offer document.

    Settlement is expected on 28 May 2025 where the cash consideration will be paid to each shareholder who has validly accepted and not validly withdrawn the acceptance of the Offer.

    Compulsory acquisition and delisting
    Based on the final result, Nykredit will hold more than 90% of the share capital and voting rights in Spar Nord, excluding treasury shares held by Spar Nord, as a result of the Offer. On that basis, Nykredit will, after completion of the Offer, seek to initiate and complete a compulsory acquisition of the Spar Nord shares held by the remaining minority shareholders in Spar Nord.

    In addition, Nykredit will request that Spar Nord seeks to have the Spar Nord shares removed from trading and official listing on Nasdaq Copenhagen A/S.

    Information about the compulsory acquisition and removal from trading and official listing of the Spar Nord shares will be announced separately.

    Questions may be directed to Neel Rosenberg (media) on +45 25 27 04 33 or to CFO Rune Brandt Børglum (investors)on +45 96 34 42 36.

    Yours faithfully

    Spar Nord Bank A/S
    The board of directors

    Attachments

    The MIL Network –

  • MIL-OSI: VIRTUNE ACCELERATES EUROPEAN EXPANSION WITH XRP ETP DEBUT ON DEUTSCHE BÖRSE XETRA

    Source: GlobeNewswire (MIL-OSI)

    Frankfurt, 23 May 2025 – Swedish regulated crypto asset manager Virtune brings its flagship Virtune XRP ETP to Germany’s premier trading venue Deutsche Börse Xetra, extending its regulated digital asset offerings to Europe’s largest economy.

    With strong traction and consistent inflows across the Nordic region – driven by growing interest and adoption of crypto – expanding into Germany through the listing on Xetra marks a strategic milestone for Virtune. Since its inception in May 2023, Virtune has experienced rapid growth in the Nordics, listing 16 products and attracting over 140,000 investors in just two years.

    The key success factors have been Virtune’s educational focus, transparent market approach, and regulated status. This expansion not only responds to growing investor interest but also strengthens Virtune’s presence across the European market.

    Virtune XRP ETP is a 100% physically backed investment product, providing investors with secure, regulated, and easy exposure to XRP, one of the globally leading crypto assets. Virtune XRP ETP was initially listed on Nasdaq Stockholm in Sweden in July 2024 and has since attracted over 50,000 investors and more than USD 125 million in assets under management, making it the most popular ETP in Virtune’s product suite. Coinbase serves as the product’s crypto custodian, providing institutional-grade security with the underlying XRP held in cold storage.

    Virtune has actively listed ETPs on Nasdaq Stockholm, Nasdaq Helsinki, and other regulated European markets. Its goal is to provide seamless access to crypto assets through regulated ETPs, with a strong focus on transparency, education, and investor protection – ultimately driving crypto adoption among both retail and institutional investors.

    Christopher Kock, CEO of Virtune:

    “We are proud to launch our XRP ETP on Xetra and expand our footprint in Germany. XRP has long been one of the most actively traded and recognized digital assets globally, and our physically backed ETP provides a robust and secure way to gain exposure to it. This listing underscores our commitment to broadening access to crypto assets across Europe.”

    Key Product Information:

    – Exposure to XRP
    – 100% physically backed by XRP
    – 1.49% annual management fee

    Virtune XRP ETP:

    – Trading Currency: EUR
    – First Day of Trading: Friday, 23rd of May 2025
    – Xetra Exchange Ticker: VRTX
    – Bloomberg Ticker: VIRXRP
    – ISIN: SE0021486156
    – WKN: A4AKW5
    – Exchanges: Deutsche Börse Xetra, Nasdaq Stockholm, Nasdaq Helsinki

    For further inquiries, please contact:
    Christopher Kock, CEO & Member of the Board of Directors
    Mobile: +46 70 073 45 64
    Email: christopher@virtune.com

    About Virtune AB (Publ):

    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 –