Category: GlobeNewswire

  • MIL-OSI: reAlpha Tech Corp. Announces Financial Results for the Year Ended December 31, 2024

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, April 02, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the fiscal year ended December 31, 2024.

    “We have made great strides in 2024 in advancing reAlpha’s goal to become a leader in the real estate technology industry through strategic innovation and impactful acquisitions,” commented Piyush Phadke, Chief Financial Officer of reAlpha. “Our continued investment in AI-driven technologies and strategic acquisitions has translated into meaningful revenue growth, and we believe we are well-positioned to drive further expansion of our business and deliver value to our stockholders.”

    Business Highlights

    Strategic and operational highlights during the period ended December 31, 2024, include:

    • Launched the reAlpha platform, an end-to-end, commission-free homebuying platform, in April 2024, which was designed to reshape the homebuying experience by eliminating traditional commission fees. The reAlpha platform is powered by Claire, reAlpha’s AI-real estate agent, which is available 24/7.
    • Acquired a controlling interest in Hyperfast Title, LLC, in July 2024, which enabled us to offer title services in 3 U.S. states.
    • Acquired an 85% stake in AiChat Pte. Ltd. (“AiChat”) in July 2024, which enhanced reAlpha’s AI capabilities in conversational customer engagement and expanded its presence in the Asia-Pacific region.
    • Introduced the reAlpha Super App in August 2024, which provided homebuyers with the ability to use the reAlpha platform and its AI-driven homebuying services directly in their mobile devices.
    • Completed the acquisition of Debt Does Deals, LLC (“Be My Neighbor”), which allowed us to offer mortgage brokerage services in 27 U.S. states. Later in the year, Be My Neighbor became licensed in an additional state, for a total of 28 U.S. states.

    Financial Results and Operational Update

    In the beginning of 2024, reAlpha halted its short-term rental operations under its rental business segment due to macroeconomic conditions, such as high interest rates and inflationary pressures. As a result, in the twelve months ended December 31, 2024, reAlpha recognized a goodwill impairment of Roost Enterprises, Inc. (“Rhove”) of $17,337,739, which reAlpha acquired to operate under its rental business segment. As such, reAlpha’s financial statements and related financial notes thereto for the twelve months ended December 31, 2024, reflect the Rhove goodwill impairment as discontinued operations. Because macroeconomic conditions persisted during 2024, and in connection with Rhove’s goodwill impairment, the board of directors of reAlpha approved to discontinue its short-term rental business operations entirely in the first quarter of 2025.

    Revenue for the twelve months ended December 31, 2024 was $948,420, an increase of 270%, compared to $256,436 for the twelve months ended December 31, 2023. reAlpha’s revenues consist of technology services income that it receives from its technologies and services provided by its subsidiaries. This increase in revenues is mainly attributed to the revenue derived from strategic acquisitions that reAlpha completed during 2024, such as AiChat and Be My Neighbor.

    Cash and cash equivalents were $3,123,530 as of December 31, 2024 and $ 6,456,370 as of December 31, 2023.

    Net loss was approximately $26.02 million for the twelve months ended December 31, 2024, compared to a net loss of approximately $2.46 million for the twelve months ended December 31, 2023. This increase in net loss is predominantly due to the goodwill impairment of Rhove during the twelve months ended December 31, 2024, and the one-time gain of $5,502,774 from the sale of myAlphie, a technology platform reAlpha previously developed and sold, that was recognized in the comparable 2023 period, which was not present in 2024. Loss from discontinued operations was approximately $18.3 million for the twelve months ended December 31, 2024, compared to $0.31 million for the comparable 2023 period, which is mainly due to Rhove’s goodwill impairment and intangibles being presented as discontinued operations. Net loss from continuing operations was $7.68 million for the twelve months ended December 31, 2024, compared to $2.14 million for the comparable 2023 period. The increase in net loss from continuing operations was primarily due to the one-time gain from the sale of myAlphie that was not present in 2024.

    Adjusted EBITDA was $(5,572,214) for the twelve months ended December 31, 2024, compared to $(7,387,223) for the twelve months ended December 31, 2023.

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha’s goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit www.realpha.com.

    Investor Relations Contact:

    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    Media Contact:

    Fatema Bhabrawala, Director of Public Relations
    fbhabrawala@allianceadvisors.com

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to planned acquisitions, business strategy and plans, objectives of management for future operations of reAlpha, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; reAlpha’s ability to commercialize its developing AI-based technologies; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for short-term rentals and AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s U.S. Securities and Exchange Commission (“SEC”) filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

       
    reAlpha Tech Corp. and Subsidiaries  
    Consolidated Balance Sheet  
    December 31, 2024 and December 31, 2023  
       
        December 31,
    2024
        December 31,
    2023
     
    ASSETS            
                   
    Current Assets            
    Cash   $ 3,123,530     $ 6,456,370  
    Accounts receivable     182,425       30,630  
    Receivable from related parties     12,873        
    Prepaid expenses     180,158       242,795  
    Current assets of Discontinued operations     56,931       88,036  
    Other current assets     487,181       582,463  
    Total current assets   $ 4,043,098     $ 7,400,294  
                     
    Property and Equipment, at cost                
    Property and equipment, net   $ 102,638     $ 328,539  
                     
    Other Assets                
    Investments     215,000       115,000  
    Other long term assets     31,250       406,250  
    Intangible assets, net     3,285,406        
    Long term assets of discontinued operations           18,335,701  
    Goodwill     4,211,166        
    Capitalized software development – work in progress     105,900       839,085  
                     
    TOTAL ASSETS   $ 11,994,458     $ 27,424,869  
                     
    LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                
    Current Liabilities                
    Accounts payable   $ 655,765     $ 431,700  
    Related party payables     9,287        
    Short term loans – related parties – current portion     115,086        
    Short term loans – unrelated parties – current portion     666,053       190,095  
    Accrued expenses     1,164,813       799,624  
    Current liabilities of Discontinued operations           47,665  
    Deferred liabilities, current portion     1,534,433       593,750  
    Total current liabilities   $ 4,145,437     $ 2,062,834  
                     
    Long-Term Liabilities                
    Deferred liabilities, net of current portion           406,250  
    Mortgage and other long term loans – related parties – net of current portion     45,052        
    Mortgage and other long term loans – unrelated parties – net of current portion     241,121       247,000  
    Note payable, net of discount     4,909,376        
    Other long term liabilities     1,086,000        
    Total liabilities   $ 10,426,986     $ 2,716,084  
                     
    Stockholders’ Equity (Deficit)                
    Preferred stock, $0.001 par value; 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2024 and December 31, 2023            
    Common stock ($0.001 par value; 200,000,000 shares authorized, 45,864,503 shares outstanding as of December 31, 2024; 200,000,000 shares authorized, 44,122,091 shares outstanding as of December 31, 2023)     45,865       44,123  
    Additional paid-in capital     39,770,060       36,899,497  
    Accumulated deficit     (38,260,913 )     (12,237,885 )
    Accumulated other comprehensive income     5,011        
    Total stockholders’ equity (deficit) of reAlpha Tech Corp.     1,560,023       24,705,735  
                     
    Non-controlling interests in consolidated entities     7,449       3,050  
    Total stockholders’ equity (deficit)     1,567,472       24,708,785  
                     
    TOTAL LIABILITIES AND STOCKOLDERS’ EQUITY   $ 11,994,458     $ 27,424,869  
    reAlpha Tech Corp. and Subsidiaries  
    Consolidated Statements of Operations and Comprehensive Loss  
    For the Year Ended December 31, 2024 and Eight Months Ended December 31, 2023 and Year Ended April 30, 2023  
       
        For the
    Year Ended
        For the
    Eight
    Months
    Ended
        For the
    Year Ended
     
        December 31,
    2024
        December 31,
    2023
        April 30,
    2023
     
                       
    Revenues   $ 948,420     $ 121,690     $ 419,412  
    Cost of revenues     302,084       94,665       293,204  
    Gross Profit     646,336       27,025       126,208  
                             
    Operating Expenses                        
    Wages, benefits and payroll taxes     2,841,591       710,737       1,114,403  
    Repairs & maintenance     3,216       51,436       24,794  
    Utilities     11,545       12,321       32,456  
    Travel     259,661       46,476        
    Dues & subscriptions     118,656       24,426       98,000  
    Marketing & advertising     793,004       193,612       2,002,884  
    Professional & legal fees     2,124,946       4,572,026       1,470,306  
    Depreciation & amortization     282,095       30,029       157,802  
    Impairment of intangible assets     202,968              
    Other operating expenses     911,268       418,697       159,166  
    Total operating expenses     7,548,950       6,059,760       5,059,811  
                             
    Operating Loss     (6,902,614 )     (6,032,735 )     (4,933,603 )
                             
    Other Income (Expense)                        
    Gain on sale of myAlphie           5,502,774        
    Interest expense, net     (333,759 )     (70,119 )     (169,776 )
    Other expense, net     (500,601 )     (144,764 )     (334,228 )
    Total other (expense) income     (834,360 )     5,287,891       (504,004 )
                             
    Net Loss from continuing operations before income taxes     (7,736,974 )     (744,844 )     (5,437,607 )
    Income tax (expense) benefit     54,260       (204,286 )      
                             
    Net Loss from continuing operations     (7,682,714 )     (949,130 )     (5,437,607 )
                             
    Discontinued operations (Roost and Rhove)                        
    Loss from operations of discontinued Operations     (261,242 )     (302,129 )     (14,776 )
    Loss on abandonment of discontinued Operations     (18,078,393 )            
    Income tax benefit                      
    Loss on discontinued operations   $ (18,339,635 )   $ (302,129 )   $ (14,776 )
                             
    Net Loss after income taxes   $ (26,022,349 )   $ (1,251,259 )   $ (5,452,383 )
                             
    Less: Net (Loss) Income Attributable to Non-Controlling Interests     679       464       726  
                             
    Net Loss Income Attributable to Controlling Interests   $ (26,023,028 )   $ (1,251,723 )   $ (5,453,109 )
                             
    Other comprehensive income                        
    Foreign currency translation adjustments     5,011              
    Total other comprehensive gain     5,011              
                             
    Comprehensive Loss Attributable to Controlling Interests   $ (26,018,017 )   $ (1,251,723 )   $ (5,453,109 )
                             
    Basic and diluted loss per share                        
    Continuing operations   $ (0.17 )   $ (0.02 )   $ (0.13 )
    Discontinued operations   $ (0.41 )   $ (0.01 )   $ (0.00 )
    Net Loss per share – basic and diluted   $ (0.58 )   $ (0.03 )   $ (0.13 )
                             
    Weighted-average outstanding shares – basic     44,631,577       42,688,666       40,439,190  
                             
    Weighted-average outstanding shares – diluted     44,631,577       42,688,666       40,439,190  
    Consolidated Statements of Cash Flows  
    For the Year Ended December 31, 2024 and Eight Months Ended December 31, 2023 and Year Ended April 30, 2023  
       
        For the
    Year Ended
        For the
    Eight
    Months
    Ended
        For the
    Year Ended
     
        December 31,
    2024
        December 31,
    2023
        April 30,
    2023
     
                       
    Cash Flows from Operating Activities:                  
    Net (Loss) income   $ (26,022,349 )   $ (1,251,259 )   $ (5,452,383 )
    Adjustments to reconcile net (loss) income to net cash used in operating activities:                        
    Depreciation and amortization     466,691       289,067       157,802  
    Stock based compensation – employees     207,453              
    Stock based compensation – services     108,730              
    Legal & professional expenses           3,045,290          
    Amortization of loan discounts and origination fees     181,875                  
    Write-off of capitalized software costs     145,746              
    Impairment of goodwill and Intangible assets     18,280,947              
    Commitment fee expenses     500,000              
    Loss on sale of properties     301       (85,077 )     (22,817 )
    Gain on previously held equity     (20,663 )            
    Gain on sale of myAlphie           (5,502,774 )      
    Changes in operating assets and liabilities:                        
    Accounts receivable     (16,437 )     37,490       65,696  
    Receivable from related parties     (12,873 )     20,874       (20,874 )
    Payable to related parties     (56,241 )            
    Prepaid expenses     62,637       (226,889 )     96,038  
    Other current assets     (19,773 )     (419,849 )     (81,689 )
    Accounts payable     58,756       48,928       235,433  
    Accrued expenses     (185,118 )     621,815       60,741  
    Deferred liabilities     278,080       593,750        
    Total adjustments     19,980,111       (1,577,375 )     490,330  
    Net cash used in operating activities     (6,042,238 )     (2,828,634 )     (4,962,053 )
                             
    Cash Flows from Investing Activities:                        
    Proceeds from sale of properties     293,307       731,343       1,539,997  
    Additions to property, plant & equipment     (12,533 )     (40,840 )     19,721  
    Cash paid to acquire business     (1,268,630 )     (50,000 )     (25,000 )
    Cash paid for equity method investment     (50,000 )            
    Cash used for additions to capitalized software development and intangibles     (516,544 )     (134,400 )     (452,451 )
    Net cash (used in) provided by investing activities     (1,554,400 )     506,103       1,082,267  
                             
    Cash Flows from Financing Activities:                        
    Proceeds from issuance of debt     6,155,539       190,095       247,000  
    Payments of debt     (1,164,241 )           (1,071,709 )
    Deferred financing costs     (727,500 )                
    Proceeds from issuance of common stock             7,331,938       4,282,274  
    Settling subscription issuance of common stock contributions                  
    Offering costs paid on issuance of common stock                 (416,312 )
    Net cash provided by financing activities     4,263,798       7,522,033       3,041,253  
                             
          Net Increase (decrease) in cash     (3,332,840 )     5,199,502       (838,533 )
                             
    Cash – Beginning of Period     6,456,370       1,256,868       2,095,401  
                             
    Cash – End of Period   $ 3,123,530     $ 6,456,370     $ 1,256,868  
                             
    Cash   $ 3,123,530     $ 6,456,370     $ 1,256,868  
    Restricted cash                  
    Total cash   $ 3,123,530     $ 6,456,370     $ 1,256,868  
                             
    Supplemental disclosure of cash flow information                        
    Interest expense   $ (58,897 )   $ (70,119 )   $ (169,776 )


    Explanatory Notes on Use of Non-GAAP Financial Measures

    To supplement reAlpha’s financial information presented in accordance with U.S. GAAP (“GAAP”), reAlpha believes “Adjusted EBITDA,” a “non-GAAP financial measure”, as such term is defined under the rules of the SEC, is useful in evaluating reAlpha’s operating performance. reAlpha uses Adjusted EBITDA to evaluate reAlpha’s ongoing operations and for internal planning and forecasting purposes. reAlpha believes that Adjusted EBITDA may be helpful to investors because it provides consistency and comparability with past financial performance. However, Adjusted EBITDA is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. In addition, other companies, including companies in reAlpha’s industry, may calculate similarly titled non-GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of reAlpha’s non-GAAP financial measures as tools for comparison. A reconciliation is provided below for each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures, and not to rely on any single financial measure to evaluate reAlpha’s business.

    We use Adjusted EBITDA, a non-GAAP financial measure, to evaluate our operating performance and facilitate comparisons across periods and with peer companies. We reconcile our Adjusted EBITDA to our net income (loss) adjusted to exclude interest expense, depreciation and amortization, share-based compensation, and other non-cash, non-operating, or non-recurring items that we believe are not indicative of our core business operations. We believe this measure provides useful insight into our ongoing performance; however, it should not be considered a substitute for, or superior to, net income or other financial information prepared in accordance with U.S. GAAP.

    The following table provides a reconciliation of net income to Adjusted EBITDA for the periods presented below:

        2024     2023  
    Net (Loss) Income   $ (26,022,349 )   $ (2,462,407 )
    Adjusted to exclude the following                
    Depreciation & amortization     282,095       346,171  
    Gain on sale of myAlphie           (5,502,774 )
    Interest Expense     333,759       128,268  
    Share-based Compensation (1)     316,183        
    GEM commitment fee (2)     500,000        
    Acquisition related expense (3)     517,251       103,519  
    Gain on previously held equity (4)     (20,663 )      
    Amortization of loan discounts and origination fees (5)     181,875        
    Loss from discontinued operations before tax (6)     18,339,635        
    Adjusted EBITDA   $ (5,572,214 )   $ (7,387,223 )
     
    (1) Reflects share-based compensation provided to non-executive officer employees and certain members of our board of directors for services rendered to us, which is recognized as a non-cash expense.
    (2) Reflects the commitment fee incurred in connection with the equity facility we have in place with GEM Global Yield LLC SCS and GEM Yield Bahamas Limited (collectively, “GEM”) pursuant to that certain Share Purchase Agreement, among reAlpha and GEM, dated December 1, 2022.
    (3) Reflects expenses related to acquisitions, including professional and legal fees, which are excluded to provide a clearer view of ongoing operational performance.
    (4) Reflects the gain from the fair value measurement of previously held equity interests, which is recognized as a non-operational item and treated as a non-GAAP measure.
    (5) Reflects the amortized original issue discount related to that certain secured promissory note, dated as of August 14, 2024.
    (6) Reflects the loss from the discontinuation of our rental business segment operations, which consists mainly of the goodwill impairment of Rhove operations.

    The MIL Network

  • MIL-OSI: Silynxcom Ltd. Announces Closing of Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Netanya, Israel, April 02, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices as well as other communication accessories, today announced the closing of its previously announced underwritten public offering of 1,290,000 ordinary shares at a public offering price of $2.25 per share, for gross proceeds of approximately $2.9 million, before deducting underwriting discounts and offering expenses. All of the ordinary shares were offered by the Company. In addition, Silynxcom has granted the underwriters a 45-day option to purchase up to an additional 193,500 ordinary shares to cover over-allotments, if any, at the public offering price, less underwriting discounts and commissions.

    The Company intends to use the net proceeds from the offering primarily for working capital and general corporate purposes.

    ThinkEquity acted as sole book-running manager for the offering.

    The offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-285443), including a base prospectus, that has been filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 28, 2025, and declared effective on March 7, 2025. The final prospectus supplement relating to the offering was filed with the SEC on April 2, 2025, and is available on the SEC’s website at http://www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus relating to the offering may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

    About Silynxcom Ltd.

    Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices as well as other communication accessories, all of which have been field-tested and combat-proven. The Company’s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company’s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360° situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company’s products based on actual feedback from soldiers and police officers “in the field.” The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.

    For additional information about the company please visit: https://silynxcom.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. For example, the Company uses forward-looking statements when it discusses: the intended use of proceeds from the offering. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the SEC on April 30, 2024, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    For Investor Relations Inquiries

    ARX | Capital Market Advisors
    North American Equities Desk
    ir@silynxcom.com  

    The MIL Network

  • MIL-OSI: Oportun Closes $187.5 Million Committed Warehouse Facility

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., April 02, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the closing of a new warehouse facility. Features of this facility include:

    • $187.5 million total commitment
    • Natixis Corporate & Investment Banking, as senior lender
    • Neuberger Berman, on behalf of client funds, as mezzanine lender
    • Two-year revolving period
    • Collateralization by Oportun’s unsecured and secured personal loan originations

    “This new warehouse facility materially increases Oportun’s warehouse capacity with a diversified group of lenders,” said Paul Appleton, Interim Chief Financial Officer of Oportun. “With the support of Natixis and Neuberger Berman, this committed financing will help drive Oportun’s responsible growth in the years ahead.”

    Oportun maintains a diverse set of capital sources including committed warehouse facilities, asset-backed securitizations, corporate-level debt financing, and whole loan sales.

    About Oportun

    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Oportun.com.

    About Natixis Corporate & Investment Banking

    Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

    Our teams of experts in about 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

    As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor’s: A+, Moody’s: A1, Fitch: A+, R&I: A+).

    About Neuberger Berman

    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $508 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader’s Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of December 31, 2024.

    Forward-Looking Statements

    This press release contains forward-looking statements. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements as to our expectations regarding our future growth, are forward-looking statements. These statements can be generally identified by terms such as “expect,” “plan,” “goal,” “target,” “anticipate,” “assume,” “predict,” “project,” “outlook,” “continue,” “due,” “may,” “believe,” “seek,” or “estimate” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would,” “likely” and “could.” These statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events, financial trends and risks and uncertainties that we believe may affect our business, financial condition and results of operations. These risks and uncertainties include those risks described in our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, we disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements.

    Investor Contact
    Dorian Hare
    (650) 590-4323
    ir@oportun.com

    Media Contact
    Michael Azzano
    Cosmo PR for Oportun
    (415) 596-1978
    michael@cosmo-pr.com

    The MIL Network

  • MIL-OSI: Voxtur Announces Adoption of Advance Notice By-Law

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and TAMPA, Fla. , April 02, 2025 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, announces that it has adopted an “Advance Notice By-law” to establish the conditions and framework under which registered or beneficial owners of common shares of the Company (the “Shareholders”) may exercise their right to submit director nominations. The Advance Notice By-law fixes a deadline by which such nominations must be submitted by a Shareholder to the Company prior to any annual or special meeting of Shareholders, and sets forth the information that a Shareholder must include in the notice to the Company for the notice to be in proper written form in accordance with the Business Corporations Act (Ontario) (the “Act”).

    The Advance Notice By-law ensures that all Shareholders receive sufficient notice and relevant information about director nominees, which allows them to make informed voting decisions. Among other things, it requires Shareholders to notify the Company of director nominations within the following timeframes:

    • Annual Meetings: Notice must be given at least 30 days before the meeting. If the meeting date is publicly announced less than 50 days in advance, notice must be provided no later than the close of business on the 10th day following the announcement.
    • Special Meetings (that are not also annual meetings): Notice must be provided no later than the close of business on the 15th day following the public announcement of the meeting date.

    To be valid, a Shareholder’s notice must include specified information about the proposed nominee, as outlined in the Advance Notice By-law. The Advance Notice By-law also prescribes the required written form of the notice and allows the Board of Directors, at its sole discretion, to waive any requirements under these provisions.

    The Advance Notice By-law is effective immediately and will be presented to Shareholders for approval, confirmation, and ratification at the next Annual and Special Meeting of Shareholders of the Company on June 27, 2025 (the “Meeting”). Pursuant to the provisions of the Act, the Advance Notice By-law will cease to be effective unless it is approved, ratified, and confirmed by a resolution adopted by a majority of the votes cast by the Shareholders of the Company at the Meeting.

    A copy of the Advance Notice By-law has been filed under the Company’s profile on SEDAR+.

    About Voxtur

    Voxtur is a transformational proptech company that is redefining industry standards in a dynamic lending environment. The company offers targeted data analytics to simplify the multifaceted aspects of the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value real estate assets, providing critical due diligence that enables market participants to effectively originate, trade, or service defaults on mortgage loans. As an independent and transparent mortgage technology provider, the company offers primary and secondary market solutions in the United States and Canada. For more information, visit www.voxtur.com.    

    Forward-Looking Information

    This news release may contain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable Canadian securities legislation. Forward-looking information reflects management’s current expectations regarding future events, the Company’s operations, performance, or financial results, and speaks only as of the date of this news release. Forward-looking information may be identified by words such as “anticipates”, “believes”, “expects”, “intends”, “plans”, “projects”, or similar expressions. While the Company believes that the expectations reflected in forward-looking information are reasonable, such information is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. For a description of the risks and uncertainties facing the Company and its business, readers should refer to the Company’s management’s discussion and analysis and other continuous disclosure filings available on SEDAR+. These uncertainties and factors include, among others, the failure of Shareholders to ratify the Advance Notice By-law. Readers are cautioned not to place undue reliance on forward-looking information. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.

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

    Voxtur’s common shares are traded on the TSXV under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.

    Contact:
    Jordan Ross
    Chief Operating Officer 

    Tel: (416) 708-9764

    jordan@voxtur.com

    For media inquiries:
    Jacob Gaffney
    Tel: (817)471-7627
    jacob@gaffneyaustin.com

    The MIL Network

  • MIL-OSI: Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of First Quarter 2025 Earnings

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, April 02, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced today their quarterly distributions with respect to the first quarter of 2025 and also announced timing of first quarter 2025 earnings.

    First Quarter Distribution Declaration

    PAA and PAGP announced the following quarterly cash distributions, each of which will be payable on May 15, 2025 to holders of the respective securities at the close of business on May 1, 2025:

    • PAA Common Units – $0.38 per Common Unit ($1.52 per unit on an annualized basis), which is unchanged from the distribution paid in February 2025.
    • PAGP Class A Shares – $0.38 per Class A Share ($1.52 per Class A Share on an annualized basis), which is unchanged from the distribution paid in February 2025.
    • PAA Series A Preferred Units – $0.61524 per Series A Preferred Unit (approximately $2.46 per unit on an annualized basis).
    • PAA Series B Preferred Units – $21.49 per Series B Preferred Unit (based on the applicable quarterly floating rate).

    Although equity holders should consult their own tax advisor regarding their particular circumstances, the PAGP cash distribution per Class A Share is expected to be a non-taxable return of capital to the extent of a Class A Shareholder’s tax basis in each PAGP Class A Share and a reduction in such tax basis. In addition, to the extent any cash distribution exceeds a Class A Shareholder’s tax basis, it should be taxable as a capital gain. Qualified Notices under Treasury Regulation Section 1.1446 with respect to the PAA Common Unit distribution and PAA Series B Preferred Unit distribution will be posted on the Plains website under “Investor Relations – Unit Information.”

    First Quarter 2025 Earnings Timing

    PAA and PAGP also announced that they will release first quarter 2025 earnings before market open on Friday, May 9, 2025. Following the announcement, PAA and PAGP will host a conference call at 9:00 a.m. CT (10 a.m. ET) with analysts and investors to discuss earnings. The call will be webcast live on the internet and may be accessed through the “Investors Relations” section of the website at www.plains.com. An audio replay will be available on the website after the call.

    About Plains

    PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. On average, PAA handles approximately eight million barrels per day of crude oil and NGL. 

    PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America. 

    PAA and PAGP are headquartered in Houston, Texas. More information is available at www.plains.com.

    Investor Relations Contacts:

    Blake Fernandez
    Michael Gladstein
    PlainsIR@plains.com
    (866) 809-1291

    The MIL Network

  • MIL-OSI: Vital Energy Provides Details for its First-Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    TULSA, OK, April 02, 2025 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) will report its first-quarter 2025 financial and operating results after market close on Monday, May 12, 2025.

    A conference call to discuss results is planned for 7:30 a.m. CT on Tuesday, May 13, 2025. A webcast of the call will be available on the Company’s website at www.vitalenergy.com “Investor Relations | News & Presentations | Upcoming Events.”

    About Vital Energy

    Vital Energy, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Vital Energy’s business strategy is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas.

    Additional information about Vital Energy may be found on its website at www.vitalenergy.com.

    Investor Contact:
    Ron Hagood
    918.858.5504
    ir@vitalenergy.com

    The MIL Network

  • MIL-OSI: Brookfield Business Partners to Host First Quarter 2025 Results Conference Call

    Source: GlobeNewswire (MIL-OSI)

    Date: Friday, May 2, 2025
    Time: 10:00 a.m. (Eastern Time)

    BROOKFIELD, NEWS, April 02, 2025 (GLOBE NEWSWIRE) — Brookfield Business Partners will host its First Quarter 2025 Conference Call & Webcast on Friday, May 2, 2025 at 10:00 a.m. (ET) to discuss results and current business initiatives.

    Results will be released on Friday, May 2, 2025 prior to 8:00 a.m. (ET) and will be available following the release on our website at https://bbu.brookfield.com.

    Participants can join by conference call or webcast:

    Conference Call

    • Please pre-register: BBU2025Q1ConferenceCall
    • Upon registering, you will be emailed a dial-in number and unique PIN. This process will bypass the operator and avoid the queue.

    Webcast

    • Please join and register by webcast: BBU2025Q1Webcast
    • A replay of the webcast will be available on our website.

    Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation. For more information, please visit https://bbu.brookfield.com.

    Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.

    For more information, please contact:

    Media:
    Marie Fuller
    Tel: +44 207 408 8375
    Email: marie.fuller@brookfield.com
    Investors:
    Alan Fleming
    Tel: +1 (416) 645-2736
    Email: alan.fleming@brookfield.com

    The MIL Network

  • MIL-OSI: Appian completes sale of MVV to Baiyin Nonferrous for US$420 million

    Source: GlobeNewswire (MIL-OSI)

    LONDON, April 02, 2025 (GLOBE NEWSWIRE) — Appian Capital Advisory LLP (“Appian”), the investment advisor to long-term value-focused private capital funds that invest in companies in metals, mining, and adjacent industries, is pleased to announce the completion of the sale of Mineração Vale Verde (“MVV”) to Baiyin Nonferrous Group Co., Ltd (“Baiyin Nonferrous”) for an all-cash offer of US$420 million.

    Highlights

    • Funds advised by Appian have completed an all-cash transaction for the 100% sale of MVV to Baiyin Nonferrous for US$420 million
    • Appian has executed its investment thesis and realized significant value for its investors by bringing MVV into production and delivering an attractive mid-scale copper-gold open pit mining operation from greenfield
    • Acquired in 2018 with ten employees, MVV began production in May 2021, just three years after its initial investment
    • MVV’s stable operations and strong financial performance have been achieved alongside a leading safety track record with zero Lost Time Incidents (“LTI”) in the last three years, with over 1050 people now working on-site
    • MVV will continue to deliver copper over multiple decades with its efficient operations that position the mine in the middle of the industry cost curve
    • Appian’s funds remain well positioned with positive exposure to key trends, including the energy transition

    The transaction marks Appian’s 13th successful exit and demonstrates the effectiveness of Appian’s operating model in identifying, acquiring, and optimizing undervalued mining projects using technical arbitrage to create significant value for its investors. This approach is underpinned by Appian’s leading cross-disciplinary team, which includes geologists, engineers, metallurgists, and finance professionals focused on creating value across all aspects of Appian’s portfolio.

    Michael W. Scherb, Founder and CEO of Appian, commented: “This transaction further validates Appian’s ability to identify great overlooked assets and use our in-house technical expertise to realize their potential and optimize their value for our investors. It underlines the strategic positioning of Appian’s portfolio to support the growing demand for a reliable supply of high-quality critical minerals.”

    Transaction details

    The completed transaction encompasses 100% of the equity in MVV owned by the Appian funds. The headline purchase price of US$420 million is on a cash-free, debt-free basis.

    Appian is committed to ensuring MVV’s continued success under new ownership and, following the completion, is now providing operational support to Baiyin Nonferrous to assist with the transition and full takeover of the asset.

    As part of the Transaction, Baiyin Nonferrous demonstrated its commitment to safety and maintaining MVV’s leading ESG practices, which Appian has implemented in alignment with globally recognized best practices.

    Standard Chartered and Citigroup acted as the financial advisors, and Norton Rose Fulbright was the legal advisor to Appian on this Transaction.

    MVV acquisition and optimization

    The Appian funds acquired MVV, owner of the Serrote greenfield open-pit copper-gold asset located in Alagoas, Brazil, from Aura Minerals in 2018 with ten employees. Appian identified Serrote as a rare standalone, construction-ready, copper project with meaningful precious metal by-product credits that could benefit from its technical arbitrage and asset development strategy.

    Following the acquisition, Appian completed a revised Definitive Feasibility Study based on the internal view of a re-scoped project developed during due diligence. This included reducing plant throughput and focusing production on a higher-grade section of the resources with a lower strip ratio. These changes led to a lower initial CAPEX budget of US$243 million vs US$420 million in the original mine plan and reduced operating costs over the life of mine.

    Appian actively worked across all aspects of the investment to unlock value. This included building the in-country management team and installing Appian’s best practice operating standards and procedures. Appian also secured a US$140 million financing facility for the project from a syndicate of three international banks and signed favorable offtake contracts with global traders and smelters.

    The mine was constructed during the COVID-19 pandemic and brought to production in May 2021. The project was delivered ahead of schedule and under budget by US$48 million, within three years of Appian’s initial acquisition. The ramp-up of commercial operations was completed in Q4 2022. MVV has been in stable operation for two years since and today has over 1050 employees.

    MVV has a best-in-class safety record and operates with the highest ESG standards. The project has recorded zero LTIs with over 1.9 million hours worked in the last 12 months, and zero LTIs in the past 36 months. Its Scope 1 and 2 emissions intensity per tonne of copper produced was 1.53 t CO2e/t in 2023, less than half the industry average reported by the International Energy Agency.

    In 2024, MVV achieved strong operational and financial results with 18.3kt of copper and 8.2koz of gold produced, generating an EBITDA of US$83.9 million from US$184.4 million of revenue. The mine’s average C1 cash cost in 2024 was US$1.74/lb Cu.

    MVV will continue to deliver copper over multiple decades with its efficient operations that position the mine in the middle of the industry cost curve. The mine is well located with access to three ports and Maceió airport. The site is connected to the national grid via a 230kV powerline with access to low-cost, renewable energy, with Brazil’s energy mix being 86% renewable.

    MVV is the largest regional exporter in the Alagoas state, accounting for 28.2% of the state’s total exports by value. 100% of MVV’s employees are Brazilian, and over 80% are from the local municipalities. MVV has strong support from both the local community and regional authorities. Community initiatives are a core part of the mine’s operations and include providing support for school STEM programs, social projects for female entrepreneurs, and environmental educational courses.

    For further information:

    Click here to view and download a video detailing the history of MVV.

    Appian Capital Advisory LLP:

    Andrew Todd, Head of Communications: +44 7990416759 / atodd@appiancapitaladvisory.com

    +44 (0)20 7004 0951 / info@appiancapitaladvisory.com

    About Appian Capital Advisory LLP
    Appian Capital Advisory LLP is the investment advisor to long-term value-focused private capital funds that invest in companies in metals, mining, and adjacent industries.

    Appian is a leading investment advisor with global experience across South America, North America, Australia and Africa and a successful track record of supporting companies in metals, mining, and adjacent industries to achieve their development targets, with a global operating portfolio overseeing nearly 5,000 employees.

    Appian has a global team of 85 experienced professionals with presences in London, New York, Hong Kong, Toronto, Vancouver, Lima, Belo Horizonte, Montreal, Dubai, Johannesburg and Perth.

    For more information, please visit www.appiancapitaladvisory.com, or find us on LinkedIn, Instagram or Twitter/X.

    About Baiyin Nonferrous Group Co., Ltd

    Baiyin Nonferrous engages in the mining, smelting, processing, and trading of various non-ferrous metals in China. Founded in 1954, Baiyin Nonferrous has operations in China and overseas. In China, they own and operate mines and smelters in Gansu, Shaanxi, Inner Mongolia and other provinces. Their overseas operations include Gold One Group in South Africa and Minera Shouxin in Peru. Globally, Baiyin Nonferrous has a production capacity of 400ktpa copper, 400ktpa lead and zinc, 15tpa gold and 500tpa silver.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3fcfc2de-da91-4535-82c9-4e93cec91491

    The MIL Network

  • MIL-OSI: SideChannel, Inc. to Present at the AI & Technology Virtual Investor Conference April 3rd

    Source: GlobeNewswire (MIL-OSI)

    WORCESTER, Mass., April 02, 2025 (GLOBE NEWSWIRE) — SideChannel, Inc. (OTCQB:SDCH) (“SideChannel”), a leading provider of cybersecurity services and technology to emerging and middle market companies, today announced that Brian Haugli, Chief Executive Officer, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on April 3rd, 2025.

    DATE: April 3rd
    TIME: 2:30 PM ET
    LINK: REGISTER HERE

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Company Highlights & Financial Overview

    • Recently placed proprietary software with DoD agencies
    • Expanding sales and marketing team to land more clients and expand with existing clients
    • Fiscal Year 2024 revenue of $7.4 million
    • Fiscal Year 2024 cashflow of $244 thousand
    • Zero debt

    About SideChannel
    SideChannel helps emerging and mid-market companies protect their assets. Founded in 2019, we deliver comprehensive cybersecurity plans through a series of actions branded SideChannel Complete.

    SideChannel deploys a combination of skilled and experienced talent and technology tools to offer layered defense strategies supported by battle-tested processes. SideChannel also offers Enclave, a network infrastructure platform that accelerates the journey from zero to zero-trust. Learn more at sidechannel.com/enclave.

    Investors and shareholders are encouraged to receive press releases and industry updates by subscribing to the investor email newsletter and following SideChannel on X and LinkedIn.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:

    SideChannel, Inc.
    Ryan Polk
    Chief Financial Officer
    ir@sidechannel.com 

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    Forward-Looking Statements
    This press release may contain forward-looking statements, including information about management’s view of SideChannel’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words “believes”, “hopes”, “expects”, “intends”, “plans”, “anticipates”, ”potential”, “could”, “should” or “may”, and similar conditional expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

    Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause SideChannel’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. These risk factors include, but are not limited to: that we have incurred net losses since inception, our need for additional funding, the substantial doubt about our ability to continue as a going concern, and the terms of any future funding we raise; our dependence on current management and our ability to attract and retain qualified employees; competition for our products; our ability to develop and successfully introduce new products, improve current products and innovate; unpredictability in our operating results; our ability to retain existing licensees and add new licensees; our ability to manage our growth; our ability to protect our intellectual property (IP), enforce our IP rights and defend against claims that we infringed on the IP of others; the risk associated with the concentration of our cash in one financial institution at levels above the amount protected by FDIC insurance; and other risk factors included from time to time in documents we file with the Securities and Exchange Commission, including, but not limited to, our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These reports are available at www.sec.gov.

    Other unknown or unpredictable factors also could have material adverse effects that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Further, factors that we do not presently deem material as of the date of this release may become material in the future. The forward-looking statements included in this press release are made only as of the date hereof. SideChannel cannot guarantee future results, levels of activity, performance, or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SideChannel undertakes no obligation to update these forward-looking statements after the date of this release, except as required by law, nor any obligation to update or correct information prepared by third parties.

    The MIL Network

  • MIL-OSI: Marex Completes Acquisition of Aarna Capital as it Expands in the Middle East

    Source: GlobeNewswire (MIL-OSI)

    LONDON, April 02, 2025 (GLOBE NEWSWIRE) — Marex Group plc, the diversified global financial services platform, today announces the completion of its acquisition of Aarna Capital Limited (“Aarna Capital”) expanding its operations in the Middle East and growing its clearing business, in line with its strategy to broaden its client base, diversify its operations and increase earnings resilience.

    Based in Abu Dhabi, Aarna Capital provides clearing, execution and customised risk management solutions in energy, base and ferrous metals, as well as financial markets such as equities, fixed income and FX.

    About Marex:

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

    About Aarna Capital Limited:

    Aarna Capital is a multi-asset brokerage firm, operating from Abu Dhabi Global Markets (ADGM) and offering customers access to futures, options, FX, Bullion, equities, CFDs and fixed income products. From its headquarters, Aarna Capital combines the talent and experience of its hands-on traders with the innovative electronic platform, global liquidity network, and high-speed market infrastructure. Aarna Capital’s customers have access to liquidity from hundreds of exchanges and venue destinations globally across every developed and most emerging market and a majority of frontier markets. This includes all of the major electronic liquidity providers, multilateral trading facilities, and proprietary liquidity pools.

    Enquiries please contact:
    Nicola Ratchford / Robert Coates

    Marex

    +44 (0) 7786 548 889 / +44 207 856 4561 | nratchford@marex.com / rcoates@marex.com

    James Jarman / Katherine Bell

    FTI Consulting

    +44 (0) 7776 111 222 / +44 (0) 7976 870 961 | marex@fticonsulting.co.uk

    The MIL Network

  • MIL-OSI: FormFactor Doubles Capacity at Taiwan Service Center to Meet Growing Demand

    Source: GlobeNewswire (MIL-OSI)

    LIVERMORE, Calif., April 02, 2025 (GLOBE NEWSWIRE) — FormFactor, Inc. (NASDAQ: FORM), a leading provider of test and measurement technologies for the semiconductor industry, is pleased to announce the significant expansion of its Taiwan Service Center. This strategic investment aims to enhance the company’s capabilities and better serve its customers in Taiwan and across Asia. The service center plays a pivotal role in supporting new technologies for chip manufacturers developing advanced packaging technologies driven by advancements in artificial intelligence (AI), high-performance computing (HPC), mobile, and automotive applications.

    The newly expanded facility features double the cleanroom space and additional office areas, enabling FormFactor to streamline repair turnaround times and enhance its capabilities to serve the region’s rapid growth. This investment increases capacity to provide testing and repair services for FormFactor products, which are crucial to meeting the accelerating requirements in this important region.

    “The expansion of our Taiwan Service Center demonstrates our ongoing commitment to meeting the semiconductor industry’s evolving demands,” said Mike Slessor, CEO of FormFactor. “With this expansion, we’ll be able to respond more quickly to customers’ needs, delivering more efficient, comprehensive, and reliable support that helps our customers maintain a competitive edge in an increasingly dynamic market.”

    In addition to larger office and cleanroom spaces, the center offers expanded probe card services. The facility also includes a technology demo center to support customers in co-packaged optics technologies, showcasing state-of-the-art silicon photonics test technologies and their applications in next-generation semiconductor solutions.

    About FormFactor

    FormFactor, Inc. (NASDAQ: FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle – from characterization, modeling, reliability, and design debug, to qualification and production test. Semiconductor companies rely upon FormFactor’s products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company’s website at www.formfactor.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the federal securities laws. These statements are based on management’s current expectations and beliefs as of the date of this release and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the expansion of the service center and its impact on the market, the Company’s customers, and the Company’s capabilities and capacity. Forward-looking statements may contain words such as “may,” “might,” “will,” “expect,” “plan,” “anticipate,” “forecast,” and “continue,” the negative or plural of these words and similar expressions and include the assumptions that underlie such statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: success of the expansion; changes in demand for the Company’s testing and repair services in the region; market opportunity; supply chain and labor dynamics; other external economic and political factors; and other factors, including those set forth in the Company’s most current annual report on Form 10-K, quarterly reports on Form 10-Q and other filings by the Company with the U.S. Securities and Exchange Commission. In addition, there are varying barriers to international trade, including restrictive trade and export regulations such as the US-China restrictions, dynamic tariffs, trade disputes between the U.S. and other countries, and national security developments or tensions, that may substantially restrict or condition our sales to or in certain countries, increase the cost of doing business internationally, and disrupt our supply chain. No assurances can be given that any of the events anticipated by the forward-looking statements within this press release will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of the Company. Unless required by law, the Company is under no obligation (and expressly disclaims any such obligation) to update or revise its forward-looking statements whether as a result of new information, future events, or otherwise.

    FormFactor Investor Contact

    Stan Finkelstein

    Investor Relations

    (925) 290-4273

    ir@formfactor.com

    The MIL Network

  • MIL-OSI: GigaCloud Technology Inc Increases Share Repurchase Program by $16 Million

    Source: GlobeNewswire (MIL-OSI)

    EL MONTE, Calif., April 02, 2025 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced that on March 28, 2025, its Board of Directors approved an additional $16 million to its Class A ordinary share repurchase program, bringing the total authorization to $62 million from its previously authorized $46 million. The program runs through August 28, 2025.

    Under the share repurchase program, the Company may purchase its ordinary shares through various means, including open market transactions, privately negotiated transactions, block trades, any combination thereof or other legally permissible means. The Company may effect repurchase transactions in compliance with Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, share price and trading volume, and general market conditions, along with the Company’s working capital requirements, general business conditions and other factors. The Company’s board of directors will review the share repurchase program periodically, and may modify, suspend or terminate the share repurchase program at any time. The Company plans to fund repurchases from its existing cash balance.

    About GigaCloud Technology Inc
    GigaCloud Technology Inc is a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise. The Company’s B2B ecommerce platform, the “GigaCloud Marketplace,” integrates everything from discovery, payments and logistics tools into one easy-to-use platform. The Company’s global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia and Europe, to execute cross-border transactions with confidence, speed and efficiency. GigaCloud offers a comprehensive solution that transports products from the manufacturer’s warehouse to the end customer’s doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories, including home appliances and fitness equipment. For more information, please visit the Company’s website: www.gigacloudtech.com.

    Forward-Looking Statements
    This press release may contain “forward-looking statements.” Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    For investor and media inquiries, please contact:

    GigaCloud Technology Inc
    Investor Relations
    Email: ir@gigacloudtech.com

    PondelWilkinson, Inc.
    Laurie Berman (Investors) – lberman@pondel.com
    George Medici (Media) – gmedici@pondel.com

    The MIL Network

  • MIL-OSI: Old National Bancorp Announces Schedule for First-Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., April 02, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ONB) Old National Bancorp (“Old National”), the holding company of Old National Bank, today announced the following schedule for its first-quarter 2025 earnings release and conference call:

    Earnings Release:   Tuesday, April 22, 2025, at approximately 7:00 A.M. ET
         
    Conference Call:   Tuesday, April 22, 2025, at 10:00 A.M. ET
         
    Dial-in Numbers:   U.S. (800) 715-9871; International: (646) 307-1963; Access code 5176690
         
    Webcast:   Via Old National’s Investor Relations website at oldnational.com
         
    Webcast Replay:   Available approximately one hour after completion of the call, until midnight ET on April 22, 2026, via Old National’s Investor Relations website at oldnational.com
         
    Telephone Replay:   U.S. (800) 770-2030; International: (647) 362-9199; Access code 5176690. The replay will be available approximately one hour after completion of the call until midnight ET on May 6, 2025
         

    ABOUT OLD NATIONAL
    Old National Bancorp is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $54 billion of assets and $30 billion of assets under management, Old National ranks among the top 30 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2024, Points of Light named Old National one of “The Civic 50” – an honor reserved for the 50 most community-minded companies in the United States.

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

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

    The MIL Network

  • MIL-OSI: Arq Strengthens Executive Team, Appointing 35-Year Finance Veteran Jay Voncannon as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    Appoints CFO, 35-year finance veteran to oversee continued transformation and next phase of growth

    Voncannon has a proven track record in managing financial operations during a period of significant growth

    GREENWOOD VILLAGE, Colo., April 02, 2025 (GLOBE NEWSWIRE) — Arq, Inc. (NASDAQ: ARQ) (the “Company” or “Arq”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the appointment of finance veteran, Jay Voncannon, as Chief Financial Officer, effective April 2, 2025. This addition to Arq’s leadership team reflects the Company’s continued business transformation success, positioning Arq for accelerated growth in the activated carbon market.

    Mr. Voncannon, a veteran finance executive with over 35 years of professional and leadership experience, brings proven expertise as a CFO strategically guiding transformational growth. Mr. Voncannon most recently served as CFO of CoorsTek, Inc., a multibillion privately held global manufacturer of advanced engineered ceramic products serving a variety of industries including semiconductors, defense & aerospace, automotive and energy & chemicals. During his tenure at CoorsTek, he successfully guided the company through a pivotal expansion, significantly improving profitability and driving material market share growth. Prior to his time at CoorsTek, Mr. Voncannon served more than 20 years as a senior finance executive at Koch Industries and its affiliates.

    Mr. Voncannon will be based out of Arq’s corporate headquarters in Greenwood Village, Colorado, and report directly to Mr. Bob Rasmus, Chief Executive Officer. He will lead all aspects of the Company’s financial strategy and operations, including financial planning and analysis, accounting, tax, treasury, and internal audit. Stacia Hansen, Chief Accounting Officer, will continue serving in her critical role and report directly to Voncannon.

    “I am excited to reach this significant milestone in Arq’s ongoing evolution,” said Bob Rasmus, CEO of Arq. “Jay is a proven financial leader with sharp strategic acumen and extensive track record of delivering outstanding results. As we continue to transform and scale our business, Jay’s deep experience and valuable insights will be instrumental in building a world-class finance organization that supports our future growth. I look forward to collaborating closely with Jay as the newest addition to our talented leadership team, further strengthening our deep bench of exceptional leaders and industry experts. I am immensely proud of all that we have accomplished and equally enthusiastic about the opportunities ahead.”

    “I’m honored to join Arq during such an exciting and transformative stage in its growth,” said Jay Voncannon, Chief Financial Officer of Arq. “The company’s compelling mission, impressive momentum, and strong values deeply resonate with me. I look forward to partnering closely with Bob and the entire leadership team as we build upon this foundation to deliver enduring value for our stakeholders.”

    About Jay Voncannon

    Mr. Jay Voncannon is a seasoned finance executive with extensive experience driving strategic growth and profitability, having held pivotal roles at global enterprises including CoorsTek and Koch Industries. As Chief Financial Officer at CoorsTek, a multibillion-dollar manufacturer specializing in advanced engineered ceramic products, Voncannon significantly enhanced organizational performance, notably improving EBITDA margins and steering substantial market-share growth in biomedical sectors. Previously, as CFO and Managing Director at Koch Equity Development, he led principal investment initiatives in excess of $5 billion, delivering exceptional after-tax returns and overseeing significant acquisitions, including Molex and Guardian Industries.

    With deep expertise in mergers and acquisitions, treasury management, corporate finance, and strategic leadership developed over a robust career at Koch and its subsidiaries, Voncannon has consistently delivered exceptional financial stewardship. Recognized professionally as a CPA and CGMA, his contributions earned them honors such as Denver Business Journal’s Large Company CFO of the Year and repeated recognition by Deloitte and the Wall Street Journal as part of their “Best Managed Companies” awards.

    About Arq

    Arq (NASDAQ: ARQ) is a diversified, environmental technology company with products that enable a cleaner and safer planet while actively reducing our environmental impact. As the only vertically integrated producer of activated carbon products in North America, we deliver a reliable domestic supply of innovative, hard-to-source, high-demand products. We apply our extensive expertise to develop groundbreaking solutions to remove harmful chemicals and pollutants from water, land and air. Learn more at: www.arq.com.

    Source: Arq, Inc.

    Investor Contact:

    Anthony Nathan, Arq
    Marc Silverberg, ICR
    investors@arq.com

    The MIL Network

  • MIL-OSI: H&R Block Announces Richard A. Johnson as Board Chairman

    Source: GlobeNewswire (MIL-OSI)

    KANSAS CITY, Mo., April 02, 2025 (GLOBE NEWSWIRE) — H&R Block (NYSE: HRB) today announced that the company’s Board of Directors has unanimously elected Richard A. Johnson as the new Chairman of the Board, effective April 1, 2025. Johnson joined the H&R Block Board of Directors in 2015 and is a member of the Audit and Compensation Committees. He succeeds Robert A. Gerard, who has served as Chairman since 2011.

    In announcing the change, Gerard said, “Consistent with our commitment to Board refreshment and succession planning, the time has come for Dick to take over Board leadership as we transition to our next 5-year strategy for growth and transformation. Dick has been a great partner for the last 10 years and I’m delighted that he will continue to serve all of us at H&R Block as Chairman of the Board.”

    “I’m honored to be H&R Block’s Chairman and to succeed Bob, who has led the Board and company to much success,” Johnson said. “It is a privilege to serve the company that defines a category and helps millions of people each year. I look forward to continued success as we begin the next phase of H&R Block’s transformation.”

    Johnson spent much of his business career at Foot Locker, completing his service as President, Chief Executive Officer, and Chairman of the Board. Johnson also serves on the Board of Directors of Build-A-Bear Workshop, Inc. and Graebel Companies, Inc., and on the Chancellor’s National Leadership Council at the University of Wisconsin, Eau Claire.

    “We are well-positioned for the future and the next chapter of our growth strategy as we look to fiscal year 2026 and beyond. I am thrilled to have Dick step into the Chairman role to help guide us through this next phase of transformation,” said Jeff Jones, President and CEO of H&R Block. “On behalf of the company, I want to thank Bob for his contributions as Chairman, and welcome Dick to this leadership position.”

    About H&R Block

    H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small- business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

    For inquiries, please contact:
       
    Media Relations:  Teri Daley, (816) 854-3787, teri.daley@hrblock.com
      Media Desk: Mediadesk@hrblock.com
       
    Investor Relations: Jordyn Eskijian, (816) 854-5674, jordyn.eskijian@hrblock.com

    The MIL Network

  • MIL-OSI: Prestige Wealth Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, April 02, 2025 (GLOBE NEWSWIRE) — Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on April 1, 2025, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that based on the closing bid price of the Class A ordinary shares of the Company for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

    The notification has no immediate effect on the listing or trading of the Company’s Class A ordinary shares on Nasdaq. Nasdaq has provided the Company with an 180 calendar days compliance period, or until September 29, 2025, in which to regain compliance with Nasdaq continued listing requirement. In the event that the Company does not regain compliance in the compliance period, the Company may be eligible for an additional 180 calendar days, should the Company meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and is able to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.

    The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.

    About Prestige Wealth Inc.

    Prestige Wealth Inc. is a wealth management and asset management services provider based in Hong Kong, assisting its clients in identifying and purchasing well-matched wealth management products and global asset management products. With a focus on quality service, the Company has retained a loyal customer base consisting of high-net-worth and ultra-high-net-worth clients in Asia. Through the Company’s wealth management service, it introduces clients to customized wealth management products and provides them with tailored value-added services. The Company provides asset management services via investment funds that it manages and also provides discretionary account management services and asset management-related advisory services to clients. For more information, please visit the Company’s website: http://ir.prestigewm.hk

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    The MIL Network

  • MIL-OSI: XAI Octagon Floating Rate & Alternative Income Trust Declares its Quarterly Preferred Shares Dividend

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 02, 2025 (GLOBE NEWSWIRE) — XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its preferred dividends for the quarter of $0.40625 per share of the Trust’s 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA).

    The following dates apply to each declaration:

    Share Class Ex-Dividend
    Date
    Record Date Payable Date Amount Change
    from
    Previous
    Declaration
    XFLTPRA April 14, 2025 April 14, 2025 April 30, 2025 $0.40625 No Change1
               

    The Trust’s net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust’s investments in CLOs are subject to complex tax rules and the calculation of taxable income attributed to an investment in CLO subordinated notes can be dramatically different from the calculation of income for financial reporting purposes under accounting principles generally accepted in the United States (“U.S. GAAP”), and, as a result, there may be significant differences between the Trust’s GAAP income and its taxable income. The Trust’s final taxable income for the current fiscal year will not be known until the Trust’s tax returns are filed.

    As a registered investment company, the Trust is subject to a 4% excise tax that is imposed if the Trust does not distribute to common shareholders by the end of any calendar year at least the sum of (i) 98% of its ordinary income (not taking into account any capital gain or loss) for the calendar year and (ii) 98.2% of its capital gain in excess of its capital loss (adjusted for certain ordinary losses) for a one-year period generally ending on January 31 of the calendar year (unless an election is made to use the Trust’s fiscal year). In certain circumstances, the Trust may elect to retain income or capital gain to the extent that the Board of Trustees, in consultation with Trust management, determines it to be in the interest of shareholders to do so.

    The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period. As a result, all or a portion of a distribution may be a return of capital, which is in effect a partial return of the amount a common shareholder invested in the Trust, up to the amount of the common shareholder’s tax basis in their common shares, which would reduce such tax basis. Although a return of capital may not be taxable, it will generally increase the common shareholder’s potential gain, or reduce the common shareholder’s potential loss, on any subsequent sale or other disposition of common shares.

    Preferred shareholders are entitled to receive cumulative cash dividends and distributions on the Trust’s 6.50% Series 2026 Term Preferred Shares, when, as and if declared by, or under authority granted by, the Board of Trustees of the Trust out of funds legally available for distribution and in preference to dividends and distributions on common shares. If the Trust is unable to distribute the full dividend amount due in a dividend period on the Trust’s 6.50% Series 2026 Term Preferred Shares, the dividends will be distributed on a pro rata basis among the preferred shareholders.

    Distributions and dividends shall be paid on the Payable Date listed above unless the payment of such distribution or dividend is deferred by the Board of Trustees upon a determination that such deferral is required in order to comply with applicable law, to ensure that the Trust remains solvent and able to pay its debts as they become due and continue as a going concern or, with regard to the Trust’s regular monthly distribution to common shareholders, to comply with the applicable terms or financial covenants of the Trust’s senior securities.

    Future common share distributions will be made if and when declared by the Trust’s Board of Trustees, based on a consideration of number of factors, including the Trust’s continued compliance with terms and financial covenants of its senior securities, the Trust’s net investment income, financial performance and available cash. There can be no assurance that the amount or timing of common share distributions in the future will be equal or similar to that described herein or that the Board of Trustees will not decide to suspend or discontinue the payment of common share distributions in the future.

    The investment objective of the Trust is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments. There can be no assurance that the Trust will achieve its investment objective.

    The Trust’s common shares are traded on the New York Stock Exchange under the symbol “XFLT,” and the Trust’s 6.50% Series 2026 Term Preferred Shares are traded on the New York Stock Exchange under the symbol “XFLTPRA.”

    About XA Investments
    XA Investments LLC (“XAI”) serves as the Trust’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund. The listed closed-end funds, the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) and XAI Madison Equity Premium Income Fund both trade on the New York Stock Exchange. The interval closed-end fund, Octagon XAI CLO Income Fund (OCTIX), is newly launched and has been made widely available to investors.

    In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing, fund management.

    XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.

    About XMS Capital Partners

    XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com.

    About Octagon Credit Investors
    Octagon Credit Investors, LLC (“Octagon”) serves as the Trust’s investment sub-adviser. Octagon is a 25+ year old, $33.2B below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (CLO debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable and scalable approach in its effort to generate attractive risk-adjusted returns for its investors. For more information, please visit www.octagoncredit.com.

    XAI does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.

    Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Trust carefully before investing. For more information on the Trust, please visit the Trust’s webpage at www.xainvestments.com.

    This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

     
      NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE  
             
    Paralel Distributors, LLC – Distributor
     

    Media Contact:

    Kimberly Flynn, President

    XA Investments LLC
    Phone: 888-903-3358
    Email: KFlynn@XAInvestments.com
    www.xainvestments.com

    ________________________

    1 The Trust’s 6.50% Series 2026 Term Preferred Shares dividend is calculated based on the preferred shares Liquidation Preference of $25.00 per share and the fixed dividend rate of 6.50%.
       

    The MIL Network

  • MIL-OSI: Precision Drilling Corporation Announces Filing of Management Information Circular and Virtual-Only Annual and Special Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) — Precision Drilling Corporation (Precision or the Company) (TSX:PD; NYSE:PDS) announces today the filing of its Management Information Circular (the Circular) issued in connection with the 2025 Annual and Special Meeting of Shareholders (the Annual Meeting). A copy of the Circular can be downloaded from the Company’s SEDAR+ profile at www.sedarplus.ca and the Company’s EDGAR profile at www.sec.gov. The Circular is also available on Precision’s website at www.precisiondrilling.com.

    Precision’s Annual Meeting will be held on Thursday, May 15, 2025, at 10:00 a.m. (Mountain Time) for holders of its common shares (Shareholders). The Annual Meeting will be held in a virtual-only meeting format. The meeting will provide all Shareholders an equal opportunity to participate in the Annual Meeting regardless of their geographic location. Please see below and the Circular for details and instructions on participating and voting at the Annual Meeting.

    The Annual Meeting can be accessed by logging in online at https://meetnow.global/MWTY5VA. As detailed in the Circular, registered Shareholders are entitled to participate in the Annual Meeting if they held their common shares as of the close of business on March 28, 2025, the record date. Non-registered (beneficial) Shareholders who wish to vote at the Annual Meeting will be required to appoint themselves as proxyholder in advance of the Annual Meeting by writing their own name in the space provided on the voting instruction form provided by their intermediary, generally a bank, trust company, securities broker, trustee or other institution. Registered Shareholders and duly appointed proxyholders who participate in the Annual Meeting will be able to listen to the Annual Meeting, ask questions and vote, all in real time, provided that they are connected to the internet. Guests can listen to the Annual Meeting but will not be able to communicate or vote. In all cases, Shareholders must follow the instructions set out in their applicable proxy or voting instruction forms. If you have questions regarding your ability to participate or vote at the Annual Meeting, please contact Computershare at 1-800-564-6253.

    About Precision

    Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. Our drilling services are enhanced by our EverGreen™ suite of environmental solutions, which bolsters our commitment to reducing the environmental impact of our operations. Additionally, Precision offers well service rigs, camps and rental equipment all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

    Precision is headquartered in Calgary, Alberta, Canada and is listed on the Toronto Stock Exchange under the trading symbol “PD” and on the New York Stock Exchange under the trading symbol “PDS”.

    Additional Information

    For more information about Precision, please visit our website at www.precisiondrilling.com or contact:

    Lavonne Zdunich, CPA, CA
    Vice President, Investor Relations
    403.716.4500

    800, 525 – 8th Avenue S.W.
    Calgary, Alberta, Canada T2P 1G1
    Website: www.precisiondrilling.com

    The MIL Network

  • MIL-OSI: Occidental to Announce First Quarter Results Wednesday, May 7, 2025; Hold Conference Call Thursday, May 8, 2025

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, April 02, 2025 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) will announce its first quarter 2025 financial results after close of market on Wednesday, May 7, 2025, and will hold a conference call to discuss the results on Thursday, May 8, 2025, at 1 p.m. Eastern/12 p.m. Central.

    The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10197735/feb22db66a.

    First quarter 2025 financial results will be available through the Investor Relations section of the company’s website. A recording of the webcast will be posted on the website within several hours after the call is completed.

    About Occidental

    Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of America. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas, and includes our Oxy Low Carbon Ventures subsidiary, which is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. We are dedicated to using our global leadership in carbon management to advance a lower-carbon world. Visit Oxy.com for more information.

    Contacts

    The MIL Network

  • MIL-OSI: Nokia completes the share buyback program launched in November 2024

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    2 April 2025 at 22:45 EEST

    Nokia completes the share buyback program launched in November 2024

    Espoo, Finland – Nokia Corporation (“Nokia” or the “Company”) has now completed the share buyback program announced on 22 November 2024 the purpose of which was to offset the dilutive effect of the Infinera acquisition. Between 25 November 2024 and 2 April 2025, Nokia repurchased 150,000,000 of its own shares (FI0009000681) at an average price per share of approximately EUR 4.69.

    Nokia expects to cancel the acquired shares in April 2025.

    The repurchases under the share buyback program reduced the Company’s unrestricted equity by approximately EUR 703 million. Nokia Corporation now holds a total of 220,509,131 treasury shares.

    The repurchases were executed otherwise than in proportion to the existing shareholdings of Nokia’s shareholders (directed repurchases) through public trading on the regulated market of Nasdaq Helsinki and selected multilateral trading facilities.

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia
    Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com 

    The MIL Network

  • MIL-OSI: First Hawaiian to Report First Quarter 2025 Financial Results on April 23, 2025

    Source: GlobeNewswire (MIL-OSI)

    HONOLULU, April 02, 2025 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ: FHB) announced today that it plans to release its first quarter 2025 financial results on Wednesday, April 23, 2025 before the market opens. First Hawaiian will host a conference call to discuss the company’s results on the same day at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time).

    To access the call by phone, participants will need to click on the following registration link: https://register-conf.media-server.com/register/BI13d3259b1b3b46188926f83e1bbe1316, register for the conference call, and then you will receive the dial-in number and a personalized PIN code. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.

    A live webcast of the conference call, including a slide presentation, will be available at the following link: www.fhb.com/earnings. The archive of the webcast will be available at the same location.

    About First Hawaiian

    First Hawaiian, Inc. (NASDAQ:FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii’s oldest and largest financial institution with branch locations throughout Hawaii, Guam and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit www.FHB.com.

    Investor Relations Contact:
    Kevin Haseyama
    (808) 525-6268
    khaseyama@fhb.com

    Media Contact:
    Lindsay Chambers
    (808) 525-6254
    lchambers@fhb.com

    The MIL Network

  • MIL-OSI: Riverview Bancorp Declares Quarterly Cash Dividend of $0.02 Per Share

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, Wash., April 02, 2025 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on March 27, 2025, its Board of Directors approved a quarterly cash dividend of $0.02 per share which remained unchanged compared to the preceding quarter. The dividend is payable on April 25, 2025, to shareholders of record as of April 14, 2025.

    About Riverview

    Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5 corridor. With assets of $1.51 billion at December 31, 2024, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial, business and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 11 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal and The Columbian.

    This press release contains statements that the Company believes are “forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make including those described in 1A (Risk Factors) of the Company’s Form 10-K for the fiscal year ended March 31, 2024. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company.

    Contacts: Nicole Sherman and David Lam
    Riverview Bancorp, Inc. 360-693-6650

    The MIL Network

  • MIL-OSI: Cielo Waste Solutions Receives Shareholder Meeting Requisition

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) — Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”) today announced that it has received a shareholder meeting requisition notice pursuant to Section 167(1) of the Business Corporations Act (British Columbia) (the “Requisition”) from Expander Energy Inc. (“Expander”), the Company’s largest shareholder, which holds in excess of five percent (5%) of the issued common shares of the Company. This follows Cielo’s announcement of April 1, 2025 of its intention to hold an annual general meeting in June 2025 in accordance with applicable corporate laws.  

    The annual general and special shareholder meeting is being requisitioned by Expander to consider: (a) the fixing of the board of directors of Cielo at five (5); (b) the removal of all of the directors of the Company; (c) the election of five (5) nominees of Expander, namely Larry B. Haggar, Nick Lenstra, P. Eng., John G. F. McLeod P. Eng., James H. Ross, and G. Steven price, P. Eng. (the “Nominees”); (d) the re-appointment of MNP LLP as the auditor of Cielo; (e) the re-approval of the Company’s incentive plan; and (f) to authorize Expander to become a “Control Person” of Cielo within the meaning of the policies of the TSX Venture Exchange.   To the Company’s knowledge, the Nominees are all current or former directors, officers and/or significant shareholders of Expander.

    The Company is reviewing the Requisition, with the assistance of its professional advisors, and will respond appropriately in due course. The Company intends to comply with its obligations under applicable corporate and securities laws. In the meantime, there is no need for shareholders to take any action.

    Cielo’s CEO, Ryan C. Jackson, commented: “The Company appreciates the ongoing support from our shareholders. It is unfortunate that Expander has chosen to escalate its demands in this manner rather than engage in constructive dialogue with the Company, despite our attempts to do so. As we’d disclosed, we have taken steps to initiate the dispute resolution process with Expander and believe that that is the appropriate forum to address the concerns of both Cielo and Expander.”

    In Cielo’s view, Expander mistakenly attributes the decline in Cielo’s share price is due solely to the current Board, while ignoring broader market conditions, industry challenges, and the deliberate transformation efforts underway to reposition the Company for sustainable growth. Cielo’s leadership team has been executing a turnaround strategy, and the Board remains confident in the Company’s long-term potential.

    As it has in the past, Cielo’s board and management team welcomes the perspectives of its shareholders and endeavours to make itself available for ongoing dialogue about the Company’s governance, performance, and strategic direction. The board and management team will continue to prioritize good governance, perform their duties in the best interest of Cielo, and remain focused on delivering long-term value.

    ON BEHALF OF THE BOARD OF DIRECTORS

    About Cielo Waste Solutions Corp.

    Cielo Waste Solutions Corp. is a publicly traded company focused on transforming waste materials into renewable diesel, kerosene, and naphtha fuels. Through its proprietary technology, Cielo aims to provide environmentally friendly alternatives to traditional fossil fuels, contributing to a circular economy and a sustainable future.

    For Investor and Media Inquiries, Please Contact: Investor Relations
    Cielo Waste Solutions Corp.
    Phone: (403) 348-2972
    Email: investors@cielows.com
    Website: www.cielows.com

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

    This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.

    Forward-looking statements are subject to both known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward looking statements. Forward-looking statements and information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions. Cielo is making forward-looking statements, including but not limited to with respect to: the Company’s shareholder meeting to be held in June 2025; the Company’s response to the Requisition, to follow, and to comply with applicable corporate and securities laws; the continued priorities of Cielo’s board and management.

    Investors should continue to review and consider information disseminated through news releases and filed by the Company on SEDAR+. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

    Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

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

    The MIL Network

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 02.04.2025

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    2 April 2025 at 22:30 EEST

    Nokia Corporation: Repurchase of own shares on 02.04.2025

    Espoo, Finland – On 2 April 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 1,729,256 4.94
    CEUX 1,007,408 4.93
    BATE
    AQEU 140,853 4.93
    TQEX 129,103 4.93
    Total 3,006,620 4.93

    * Rounded to two decimals

    On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million.

    Total cost of transactions executed on 2 April 2025 was EUR 14,834,663. After the disclosed transactions, Nokia Corporation holds 220,509,131 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    Attachment

    The MIL Network

  • MIL-OSI: NANO Nuclear and University of Illinois Urbana-Champaign Sign Landmark Agreement to Build the First KRONOS MMR™ Research Reactor

    Source: GlobeNewswire (MIL-OSI)

    Site Selected and Preparatory Work to Begin for Construction Permit Application as NANO Nuclear Accelerates Toward Microreactor Deployment

    NEW YORK, NY, April 02, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, is pleased to announce the signing of a strategic collaboration with the University of Illinois Urbana-Champaign (U. of I.) to construct the first research KRONOS micro modular reactor (MMR) on the university’s campus.

    The agreement formally establishes U. of I. as a partner in the licensing, siting, public engagement, and research operation of the KRONOS MMR, while also identifying the university campus as the permanent site for the reactor as a research and demonstration installation. This milestone marks the beginning of site-specific development for NANO Nuclear’s advanced KRONOS MMR technology and represents a defining moment in NANO Nuclear’s path to commercialization of the KRONOS MMR Energy System.

    “This is the milestone we’ve been working so diligently towards, transforming design into reality,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “With a site now selected and a world-class university as our partner, we are positioned to be among the first companies to deliver advanced reactor systems within the United States. This isn’t just a research reactor, it’s a proving ground for the future of safe, portable, and resilient nuclear energy. Moreover, this agreement will serve as a foundation for our long-term reactor strategy. Every milestone from this point forward brings us closer to delivering the next generation of nuclear energy to communities, campuses, and industries across the world.”

    Figure 1 – NANO Nuclear Energy Inc. Signs Strategic Collaboration with the University of Illinois at Urbana-Champaign for the KRONOS MMR

    Following initial arrangements, NANO Nuclear will begin the process of geological characterization, including subsurface investigations, to support preparation of a Construction Permit Application (CPA) for submission to the U.S. Nuclear Regulatory Commission (NRC). This preparatory work is essential to understanding the environmental parameters of the site, including critical inputs to safety analysis, to ensure the utmost reliability and safety of the facility, and support NANO Nuclear’s Preliminary Safety Analysis Report (PSAR) and Environmental Report (ER).

    “The start of geotechnical investigations represents our first physical action toward constructing the KRONOS MMR,” said James Walker, Chief Executive Officer of NANO Nuclear. “This is a powerful signal to the industry, to investors, and to regulators: NANO Nuclear is building. We are not theorizing. We are much beyond conceptualizing. We are moving toward construction, and this is only the first step.”

    Figure 2 – Rendering of NANO Nuclear’s KRONOS MMR™ Energy System at the University of Illinois.

    Through this strategic collaboration, U. of I. and NANO Nuclear will work together throughout the regulatory licensing process, plant design implementation, public and stakeholder engagement, and workforce development. The collaboration builds on the university’s prior experience and engagement with nuclear regulators, while introducing an advanced and simplified reactor system to lead the next generation of clean energy deployment.

    “The KRONOS MMR project can not only be a national first, it can be a first for academia, enabling students, researchers, regulators, and the public to learn directly from a real-world microreactor development effort,” said Illinois Grainger Engineering Professor Caleb Brooks, Principal Investigator for the University of Illinois. “This system can be the most advanced nuclear research platform on any U.S. campus, with the potential to enable a new paradigm of nuclear power through education, research, and at scale demonstration.”

    As part of the agreement, U. of I. will lead the regulatory engagement with the NRC as well as public engagement, support licensing activities including the PSAR and Environmental Report, and play a key role in site layout, constructability assessment, and future operator training programs. NANO Nuclear will oversee plant design, construction, system integration, and commercial pathway development.

    “This agreement brings NANO Nuclear to the forefront of advanced reactors deployment in the United States,” said Dr. Florent Heidet, Chief Technology Officer and Head of Reactor Development of NANO Nuclear. “This construction project is where KRONOS’ engineering meets execution and demand. It will set a precedent for all future university-led nuclear technology reactor projects.”

    The KRONOS MMR Energy System, NANO Nuclear’s flagship micro modular reactor, is designed to redefine what’s possible in nuclear energy and features:

    • Truly modular, containerized construction.
    • Highest in class safety margins, creating an inherently safe reactor.
    • Rapid & flexible deployment capabilities for remote and secure applications.
    • Seamless integration with local grids, renewable grids and process heat systems.

    The KRONOS MMR Energy System leverages proven, state-of-the-art technology solutions, and combines them into a product that is not reliant on new breakthroughs or lengthy and costly research programs.

    This announcement reflects NANO Nuclear’s transition from design to deployment, initiating the first physical project work in the Company’s history. As preparations begin for regulatory licensing and construction activities, NANO Nuclear remains focused on delivering clean, safe, scalable energy through its advanced nuclear technologies.
    About The Grainger College of Engineering

    The Grainger College of Engineering at the University of Illinois Urbana-Champaign is one of the world’s top-ranked engineering institutions, and a globally recognized leader in engineering education, research and public engagement. With a diverse, tight-knit community of faculty, students and alumni, Grainger Engineering sets the standard for excellence in engineering, driving innovation in the economy and bringing revolutionary ideas to the world. Through robust research and discovery, our faculty, staff, students and alumni are changing our world and making advances once only dreamed about, including the MRI, LED, ILIAC, Mosaic, YouTube, flexible electronics, electric machinery, miniature batteries, imaging the black hole and flight on Mars. The world’s brightest minds from The Grainger College of Engineering tackle today’s toughest challenges. And they are building a better, cooler, safer tomorrow.
    Visit https://grainger.illinois.edu for more information.

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN

    NANO Nuclear Energy YOUTUBE

    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include, among others, statements regarding the anticipated benefits to NANO Nuclear of its agreement with U. of I., as well as NANO Nuclear’s development plans, each as described herein. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network

  • MIL-OSI: Best Natural Testosterone Booster Supplement for Muscle Growth (TestoPrime Review)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Affiliate Credo, a leading platform in health and fitness reviews, has released an updated overview of TestoPrime, a widely discussed natural testosterone support supplement for men looking to improve strength, performance, and energy levels in 2025.

    The review provides timely insights into how TestoPrime continues to gain popularity among athletes, bodybuilders, and aging individuals seeking to support their testosterone levels through plant-based and clinically studied ingredients.

    With a focus on transparency, safety, and research-backed components, TestoPrime reflects a growing trend in natural supplementation for hormone support and muscle enhancement.

    Key Benefits of TestoPrime:

    • Naturally increases testosterone production
    • Supports lean muscle growth and strength
    • Enhances endurance and training performance
    • Reduces post-workout fatigue and supports recovery
    • Improves mental focus and drive

    Pros:

    • Natural, clean formula backed by research
    • No prescription required
    • Produced in FDA-approved, GMP-certified facilities
    • Lifetime money-back guarantee
    • Noticeable results in strength, stamina, and recovery

    Cons:

    • Requires daily use for best effects
    • Higher cost compared to generic supplements

    Why TestoPrime Is Being Noticed in 2025

    According to recent analysis conducted by Affiliate Credo, TestoPrime remains one of the most talked-about testosterone support supplements in the natural wellness space. Its formula includes:

    • D-Aspartic Acid – promotes the release of luteinizing hormone
    • Ashwagandha Extract – helps manage cortisol levels for improved recovery
    • Fenugreek – linked to enhanced performance and stamina
    • Panax Ginseng, Zinc, and Vitamin D – support hormonal balance and energy metabolism

    These ingredients work synergistically to support lean muscle development, post-workout recovery, and overall vitality.

    Supplementation and Fitness Trends

    Affiliate Credo’s 2025 supplement outlook shows that more consumers are seeking hormone-support formulas that do not rely on synthetic hormones or prescriptions.

    TestoPrime is positioned as a product that aligns with this demand, offering a blend that supports testosterone levels naturally while appealing to both younger athletes and older adults managing age-related decline.

    You can learn more about the product breakdown and detailed ingredient insights by visiting our website.

    “Our goal at Affiliate Credo is to deliver reliable supplement reviews based on performance, scientific validation, and user feedback,” said the editorial team. “TestoPrime has maintained strong consumer interest due to its transparent formulation and consistent results.”

    About Affiliate Credo

    We are involved in affiliate marketing and create reviews of health-related products.

    Our office:

    Kyiv, Ukraine, Berejanskaya str 18-91
    E-mail: hennadii.kamentsov@affiliatecredo.com
    Website https://affiliatecredo.com/testoprime

    Disclaimers:

    The information provided in this article has not been reviewed or approved by the U.S. Food and Drug Administration (FDA).

    TestoPrime is not designed to diagnose, treat, cure, or prevent any medical condition or illness.

    Results may differ from person to person. It’s strongly recommended to consult with a licensed healthcare provider before beginning any supplement routine, especially if you are under medical care, pregnant, nursing, or taking prescribed medications.

    Mentions of scientific studies or institutions are shared solely for general educational purposes related to men’s health and well-being. They do not serve as an endorsement of TestoPrime.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6f32bc4f-68d3-4e39-8391-0d1e808befc0

    The MIL Network

  • MIL-OSI: Hidden Ways to Maximize Your Tax Refund and Find Lesser-Known Deductions and Credits

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., April 02, 2025 (GLOBE NEWSWIRE) — With the IRS tax filing deadline approaching on April 15, experts say you should file now. You can boost your refund with so many deductions and credits. A surprising number of people are unaware that the tax filing deadline is quickly approaching on April 15th. In fact, a recent survey powered by Harris QuestDIY revealed that more than half of 18–24 year olds and about one in three 25–34 year olds don’t know when the deadline is and there is no reason to wait to file.

    A Media Snippet accompanying this announcement is available by clicking on this link.

    If you’d prefer not to handle your taxes on your own, you can have a TurboTax Full Service expert do them for you. TurboTax can help find deductions and credits you might not know about, and are often overlooked. These deductions and credits can boost your tax refund – and result in more money in your pocket!

    Here’s a few deductions and credits you don’t want to miss:

    • The Earned Income Tax Credit, which for a family with 3 kids is a substantial credit of up to $7,830 and can really help families. However, the IRS notes that one out of five people misses this credit when filing!
    • Credits for your kids: If you’re a parent, don’t forget valuable credits for your kids like the Child Tax Credit up to $2,000, the Child and Dependent Care Credit up to $1,050 for one child and up to $2,100 for two or more kids. Day camps even count.
    • Credits for college: If you paid for college for you child, yourself or your spouse, you may be able to claim the American Opportunity Tax Credit up to $2,500 for the first four years of college or the Lifetime Learning Credit up to $2,000 for even one college course.
    • Credits for Energy Efficient Improvements: If you made energy efficient improvements to your home you can claim a credit of up to $1,200 for improvements like energy efficient doors and windows, up to $2,000 for solar water heaters, and up to 30% of the cost for solar panels.
    • The Standard Deduction has been adjusted for inflation and is now $14,600 for single filers, $29,200 for those filing married filing jointly, and $21,900 for head of household.

    The tax deadline is rapidly approaching, so no matter if you want to DIY or have an expert do your taxes for you, don’t wait, file now with TurboTax. 

    TurboTax is a registered trademark of Intuit Inc. Learn more at: turbotax.com

    The MIL Network

  • MIL-OSI: Mountain America Names Kelly Albiston as Executive Vice President and Chief Technology Officer

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet accompanying this announcement is available by clicking on this link.

    SANDY, Utah, April 02, 2025 (GLOBE NEWSWIRE) — Mountain America Credit Union recently named Kelly Albiston as its new executive vice president and chief technology officer. In this role, Albiston will lead Mountain America’s digital innovation and technology strategy, ensuring members continue receiving best-in-class banking experiences. Albiston brings extensive expertise in digital transformation, software development, and financial technology.

    “Kelly’s wealth of experience in leading the technology teams and promoting digital transformation makes him the right match for this position,” said Sterling Nielsen, president and chief executive officer of Mountain America. “His leadership and vision will play a key role in advancing our digital strategy, ensuring we continue delivering innovative solutions that empower our members.”

    Previously, he served as senior vice president of digital solutions and chief technology officer at Mountain America, where he spearheaded digital product development, enhanced member experiences, and led a global team of technology professionals. His leadership extended across multiple interaction points, including retail branches, online platforms, mobile applications, and digital communication channels.

    “I’m thrilled to have the opportunity to serve in this new capacity,” Albiston said. “Mountain America’s commitment to innovation is matched only by its dedication to people—both members and employees. I’m excited to help lead our technology strategy in a way that honors that culture, supports our teams, and keeps our members at the center of everything we do.”

    Before his 11-year tenure at Mountain America, Albiston cofounded Orbit Medical, a national leader in the medical equipment industry, where he served as chief information officer and, later, the chief financial officer. He has also contributed his expertise to several fintech advisory boards and Utah’s BoomStartup incubator.

    To learn more about Mountain America’s leadership, visit macu.com.

    About Mountain America Credit Union
    With more than 1 million members and $20 billion in assets, Mountain America Credit Union helps its members define and achieve their financial dreams. Mountain America provides consumers and businesses with a variety of convenient, flexible products and services, as well as sound, timely advice. Members enjoy access to secure, cutting-edge mobile banking technology, over 100 branches across multiple states, and more than 50,000 surcharge-free ATMs. Mountain America—guiding you forward. Learn more at macu.com.

    The MIL Network

  • MIL-OSI: Orezone Gold Announces Closing of Private Placement with Nioko

    Source: GlobeNewswire (MIL-OSI)

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

    VANCOUVER, British Columbia, April 02, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) announces that further to its news release dated March 17, 2025, to maintain a 19.6% ownership in the Company following the recent closing of the Company’s bought-deal financing, Nioko Resources Corporation has subscribed for 10,719,659 common shares on a non-brokered private placement basis at a price of C$0.82 per share (the “Private Placement”).

    The Company intends to use the net proceeds from the Private Placement to accelerate both stage 2 of the hard rock expansion and additional exploration at its Bomboré Gold Mine, as well as for working capital and general corporate purposes.

    The Private Placement is a “related party transaction” as such term is defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on an exemption from the formal valuation and minority shareholder approval requirements set out in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.

    The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold within the United States absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities in the United States, nor in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

    About Orezone Gold Corporation

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

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

    Contact Information

    Patrick Downey
    President and Chief Executive Officer

    Kevin MacKenzie
    Vice President, Corporate Development and Investor Relations

    Tel: 1 778 945 8977
    info@orezone.com / www.orezone.com

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

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains certain information that may constitute “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (together, “forward-looking statements”). Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “possible” and other similar words, or statements that certain events or conditions “may”, “will”, “could”, or “should” occur.  Forward-looking statements in this press release include, but are not limited to, statements regarding the use of proceeds of the Private Placement.

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

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

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

    The MIL Network

  • MIL-OSI: XploraDEX Is Quietly Becoming the Biggest DeFi Opportunity on The XRP Blockchain — Join $XPL Presale

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 02, 2025 (GLOBE NEWSWIRE) — XRP Ledger, an ecosystem long admired for its speed, scalability, and utility, one glaring gap has remained: a truly intelligent, AI-enhanced decentralized exchange. That’s exactly what XploraDEX is delivering and it’s gaining traction fast.

    Now live with its $XPL Token Presale, XploraDEX is positioning itself as the premier DeFi opportunity on the XRP Ledger, bringing next-level trading automation, deep market analytics, and AI-powered execution to a chain that’s ready to scale.

    A New Kind of DEX for a New Kind of Trader

    Unlike traditional DEXs that simply offer token swaps, XploraDEX is built for the future of finance. Traders on XploraDEX gain access to:

    • AI-Driven Trade Execution: Eliminate emotional trading with machine-learning algorithms that trigger high-probability buy/sell decisions in real time.
    • Predictive Insights: Built-in AI dashboards give users market outlooks, trend alerts, and asset-level risk scoring.
    • Intelligent Liquidity Optimization: XploraDEX automatically routes trades for best pricing and minimal slippage—all at XRPL speeds.
    • Portfolio Smart Tools: AI helps rebalance portfolios, alert users to volatility shifts, and suggest yield-maximizing strategies.

    This isn’t just a better DEX. It’s a smarter way to trade, powered by the intelligence of artificial intelligence.

    PARTICIPATE IN $XPL PRESALE

    Why $XPL Matters: Utility, Access & Ownership

    The $XPL token is the fuel behind the engine a multi-utility asset designed to reward users, decentralize governance, and unlock premium features:

    • Access to AI-powered trading tools
    • Trading fee discounts and platform incentives
    • Staking with boosted rewards and early liquidity farming access
    • Governance rights to shape the future of XploraDEX

    $XPL Presale Buzz: Quiet Beginnings, Big Momentum

    While XploraDEX launched quietly, the momentum has been anything but slow:

            • unique wallets connected within the presale phase

            • XRP whales have begun acquiring strategic $XPL allocations

            • Crypto Twitter and Telegram are lighting up with organic chatter and bullish sentiment

    Built on the Right Chain at the Right Time

    XRPL is fast, cheap, and sustainable. But what it’s lacked is a truly user-first, AI-powered DEX. XploraDEX changes that—giving XRP holders and DeFi users a native, scalable platform.

    The $XPL Presale Is Live, Participate Now: https://sale.xploradex.io

    If you’re looking for an edge in 2025’s evolving crypto market, look no further. XploraDEX is building the infrastructure of intelligent trading on one of the most underutilized chains in DeFi.

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

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

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4083d56-2c83-43b7-9e26-fcf7043775ba

    The MIL Network