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Category: KB

  • MIL-OSI United Kingdom: Peter Kyle’s speech at London Tech Week 2025

    Source: United Kingdom – Executive Government & Departments 2

    Speech

    Peter Kyle’s speech at London Tech Week 2025

    A speech delivered by Secretary of State for Science, Innovation, and Technology, Peter Kyle, at London Tech Week on Tuesday 11 June 2025.

    Last Thursday, I was in Salford for a CyberFirst event.

    Hundreds of girls from across Greater Manchester were there. 

    Some of them were busy playing e-sports, hidden behind VR goggles.

    Others were programming robots – or learning how to pitch a tech business.

    But all of them said the same thing.

    They were excited for the future they were starting to see. And what it meant for them

    What really struck me was their ambition, hope and sheer enthusiasm.

    It was as humbling as it was inspirational: but it made me think.

    In government, we spend so much time talking about risk.

    What happens if reform goes wrong?

    Who is responsible – and who do we hold to account?

    We often talk about making the state feel more like a start-up.

    Less slow and static.

    More agile and active.

    But we have unique obligations to our citizens that we simply cannot ignore.

    Duties to defend our national security and protect public health.

    To make our streets safer and borders stronger.

    It is understandable that these obligations might make us more cautious about change.

    But, when countries or institutions become preoccupied with avoiding risk, they risk resisting innovation.

    They might delay reform.

    They might grasp too tightly to the here and now…

    …and lose sight of the possibilities tomorrow could bring.

    When this happens, caution slides into complacency.

    Incrementalism gives way to inertia.

    Worrying about getting every aspect of change right becomes fear of change itself.

    And fearing the challenge of change is the fastest route for a great nation to become mired in stagnation.

    When I spoke at London Tech Week last year, that’s what I saw.

    Our citizens, they wanted change.

    The sector wanted change.

    But a refusal to face up to the risks change brings – or face down resistance to it…

    …meant that government after government were stuck with a model we all knew was failing.

    Suddenly, the real risk wasn’t trying something new. 

    It was doing nothing at all.

    People waited months for hospital appointments.

    Young people couldn’t find a good job in the town they called home.

    Businesses unable to innovate, unable to invest, or unable to grow.

    Stifled by a regulatory regime that was stuck in the past.

    Unsure about whether to waste time applying for government contracts – because they always seemed to favour the same old suspects.

    Undecided about whether to stay here in the UK – because they just couldn’t access the capital they needed to grow.

    Too often in the last decade, Britain felt like a country short on ambition, long on apathy.

    Where optimism shrank in the face of opposition.

    On this stage last year, I said it was time for a change.

    Time to seize the power of technology.

    And wield it to deliver us towards a better future. 

    That is exactly what we’ve done.

    I said we’d tear up planning rules.

    And we have, making it easier to build the infrastructure that powers our digital economy.

    I said we’d radically reform regulation.

    And we have, cutting the time it takes to get new products and services onto the market and into people’s hands.

    I said we’d design new digital tools with a streamlined state and make engaging with government easier than it’s ever been before.

    And we have, from a digital driving licence and an app that will put public services into people’s hands. 

    To a new tool that will digitise decades-old planning records in minutes, slashing the time it takes to make decisions and get millions of new homes built right across our country. 

    And a platform that lets people in the public sector rate and review tech products, saving over a billion by helping councils and schools get better deals faster.

    Now none of that has been without risk.

    In early trials, the government chatbot we built started speaking French.

    I’m relieved to tell you that, after a brief flirtation with life across the Channel, it’s firmly back on British soil.

    But – even if its identity crisis had lasted a little longer – how many people would rather we’d stopped at the first sign of trouble?

    What’s a bonjour here, an au revoir there….

    … compared to hours spent on hold, waiting to work out whether your benefit payment has been made and made on time?

    Trawling through webpage after webpage to work out what you need to do to start a business?

    Because our choice actually was a simple one.

    Towards a future that is bright, bold, but risky.

    Or back to more of the same: stagnation and a slow but certain slide into decline.

    Today, we find ourselves at another critical moment.

    The risks we take – and the investments we make – will determine the path our country follows in the decades to come.

    And we must once again seize the opportunities in front of us with courage and conviction.

    With a record £86 billion in funding for R&D, that is exactly what this government is doing.

    For the first time, our modern industrial strategy will include a dedicated digital and technologies sector plan.

    Building on our strengths in 6 technologies with the greatest potential for growth:

    From AI, advanced connectivity and cyber security…

    … right through to engineering biology, quantum, and semiconductors.

    Behind that plan is a very clear mission.

    To build a faster, fairer economy. A society that offers opportunities for all.

    One where we don’t settle for buying these technologies off the shelf.

    We make them here.

    And we use them to shape a better future for every citizen.

    Yesterday, the Prime Minister unveiled £1 billion in backing for our bid to increase our country’s compute power twentyfold by the end of the decade.

    Today, I can go further.

    A new partnership between my department, Imperial College and the World Economic Forum will see London host the new Centre for AI-Driven Innovation.

    This is the first World Economic Forum Global Centre to be based right here in Britain.

    Focused on accelerating the adoption of AI, it will ensure that we can embed AI across our economy and put it to work for working people.

    And this is just the start.

    Boston might be the birthplace of biotech.

    But – with Google DeepMind on one side and the Crick on the other – King’s Cross is emerging as a global powerhouse for AI-driven drug discovery.

    Today, we’re launching a new project, OpenBind, to create the world’s largest database explaining how drugs interact with the proteins they target.

    20 times bigger than all the data collected worldwide over the last half a century, OpenBind will provide an exceptionally detailed picture of how diseases work.

    And it could cut the cost of developing new treatments by up to £100 billion.

    The results for the health of our people, our nation and our economy could be revolutionary.

    As Demis Hassabis said himself, this is a brilliant initiative for UK science.

    But initiatives like this will only succeed if we can attract top global talent.  

    Our tech success story wouldn’t have been possible without brilliant people choosing time and time again to call Britain home. 

    In an ever more competitive world, we simply cannot afford to lose that status. 

    So, we’ll be introducing a new scheme to attract the brightest and best brains to Britain. 

    Today, I can announce that we’re working with Advanced Research and Invention Agency (ARIA) and Pillar to double Encode AI for Science Fellowships and get top AI talent from around the world working in UK labs. 

    We’re also launching Turing AI Global Fellowships, which will bring AI experts from across the world to the UK and support them to carry out cutting-edge research. 

    At the same time, we’re starting a national skills drive at home, giving over a million students the chance to start careers in AI.

    And creating a new generation of British leaders as our country enters the digital economic age.

    Leaders just like the young people I met in Salford.

    Talking to them about their hopes for the future, I couldn’t help but think about my own journey through education

    Struggling with dyslexia, my teachers didn’t see any potential in me. 

    I was held back in remedial classes, I left at 16 with no qualifications to my name.

    No sense of what the future would hold.

    It wasn’t until I got a job at the Body Shop.

    Until I met Anita Roddick.

    And she saw something in me that I didn’t see in myself.

    Sending me out to give speeches for her.

    That I got over my fear of public speaking.

    I then went to university.

    And my life began to change.

    I choose to tell that story.

    Not because I think it’s unique.

    I tell it because I think it’s all too common in this country.

    And I think it says something about what is at stake right here today.

    This government don’t take risks lightly.

    Nor do we pursue change for change’s sake.

    We choose the path of progressive change. To build a modern economy and opportunistic society.

    We do so because any alternative leaves Britain poorer, weaker, more vulnerable in a complex world.

    Less able to promote and protect our prosperity and security for all our citizens.

    In the last year, the work of progressive change has begun.

    But we will only succeed if you take risks, too.

    If you choose to join us in transforming Britain for the better.

    As the place you pick to build new data centres.

    Or train new AI models.

    The country you choose when you’re developing life-saving drugs.

    Or designing the next generation of chips.

    A bolder, brighter future for Britain is in our hands.

    We’ve spent the last year getting the foundations right.

    Now, it’s our opportunity to build.

    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom –

    June 11, 2025
  • MIL-OSI: SFC Shuts Down Fraudulent Platforms Misusing Bennet Investment’s Identity

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, June 10, 2025 (GLOBE NEWSWIRE) — Bennet Investment today announced a significant regulatory breakthrough as the Securities and Futures Commission (SFC) has successfully dismantled multiple fraudulent platforms that were unlawfully using its brand and those of other reputable firms.

    The SFC’s recent crackdown followed an investigation into unauthorized entities impersonating licensed financial institutions to deceive investors. Several fake websites mimicking Bennet Investment’s branding were taken offline, thanks to swift action by the SFC in coordination with internet service providers.

    “This decisive move by the SFC protects not only our brand but also safeguards investors from falling victim to financial scams,” said Darryl Martin, Finance Manager at Bennet Investment. “We applaud the Commission’s efforts and reaffirm our commitment to ensuring a transparent and secure investment environment.”

    Bennet Investment is actively cooperating with regulators and urging investors to remain vigilant. Individuals are encouraged to verify financial service providers through the SFC’s public register before engaging in any investment activity.

    To report suspicious activity or verify information, visit:

    Darryl Martin
    info@bennetinvestment.com
    www.bennetinvestment.com
    SFC’s Alert List

    About Bennet Investment
    Bennet Investment is a leading wealth management firm known for ethical practices, regulatory compliance, and personalized investment solutions. The company proudly serves a global clientele with integrity and diligence.

    Disclaimer: This is a paid post and is provided by Bennet Investment. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or business advice. All investments carry inherent risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any inaccuracies, misrepresentations, or financial losses resulting from the use or reliance on the information in this press release. Speculate only with funds you can afford to lose. In the event of any legal claims or concerns regarding 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 warranties or representations of any kind, express or implied. We assume no responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained herein. Any complaints, copyright issues, or inquiries regarding this article should be directed to the content provider listed above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aec07f1a-2473-4a81-9371-cbb0b1caa5d7

    The MIL Network –

    June 10, 2025
  • MIL-OSI: NANO Nuclear Appoints Former U.S. Secretary of Energy and 47th Governor of Texas Rick Perry as Chairman of its Executive Advisory Board

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., June 10, 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, today announced that it has appointed Rick Perry, former Governor of Texas and the United States Secretary of Energy from 2017 to 2019, as the Chairman of its Executive Advisory Board.

    NANO Nuclear has assembled a distinguished Executive Advisory Board comprised of high-level military, scientific and governmental experts, including former generals, members of Congress, and other U.S. and international figures. These leaders provide deep industry knowledge and important contacts to NANO Nuclear’s senior management. While each member of the Board covers a particular expertise mandate, Gov. Perry will serve as Chair of the Executive Advisory Board and lead its overall efforts to assist NANO Nuclear.

    “The United States has a distinguished legacy of nuclear‑energy innovation, and I’m confident NANO Nuclear will play an essential role in the next chapter,” said Rick Perry, Chairman of NANO Nuclear’s Executive Advisory Board. “As Secretary of Energy, I advocated for nuclear power because it offers an amazing prospect for a stable, safe, and efficient source of clean power. NANO Nuclear in particular is driving advancements in nuclear energy technology with its cutting edge microreactor designs and overall commercial strategy. I’m honored to join and lead NANO’s Executive Advisory Board, and I look forward to contributing my experience as this exciting company advances its vision to become a vertically integrated leader in the nuclear power sector.”

    “It is an incredible honor to welcome Governor Perry as Chairman of our Executive Advisory Board,” said Jay Yu, Founder and Chairman of NANO Nuclear. “He is a thoughtful and experienced leader, with an in-depth knowledge of U.S. energy infrastructure and a great understanding of America’s energy needs. His leadership will help guide our efforts to put the U.S. at the forefront of nuclear technology and drive the next wave of innovation, which is sorely needed as the energy demands continue to rise in support of cutting-edge artificial intelligence, datacenters and other energy intensive advancements. I am confident that his expertise will be instrumental in the near- and long-term success of our mission.”

    “Governor Perry’s record of public service and advocacy for nuclear energy align perfectly with our mission,” said James Walker, Chief Executive Officer of NANO Nuclear. “The relationships he built during his decades in public service, including his tenure as U.S. Secretary of Energy, will be invaluable as we make progress towards the demonstration, construction, and licensing phases of our reactor programs and other nuclear technology. His acceptance of this position affirms the progress we’ve made and reinforces our position at the forefront of advanced reactor technology.”

    John Vonglis, NANO Nuclear’s Executive Director of Global Government Affairs, who served as the Chief Financial Officer (CFO) of the U.S. Department of Energy (DOE) and acting Director of ARPA-E under Gov. Perry when he was Secretary of Energy, added “I know first-hand the importance Secretary Perry places on endeavors focused on retaining America’s primacy in all sectors, but especially energy. His extensive wealth of experience will most certainly help propel NANO Nuclear to the next level, and I welcome the opportunity to again serve with this great leader.”

    Rick Perry has led a life of public service, starting in the United States Air Force and continuing over two decades in elected office. He served as the 14th Secretary of Energy from 2017 to 2019 in the first Trump administration. As Secretary of Energy, Perry worked to advance energy policies to promote American energy independence, notably backing nuclear power.

    Figure 1 – NANO Nuclear Appoints Former Secretary of Energy Rick Perry as Chairman of its Executive Advisory Board.

    Prior to his service as Secretary of Energy, Perry served as the 47th governor of the State of Texas. His political career began in 1985 as a representative for a rural West Texas district in the state House of Representatives, and beginning in 1990, he served two terms as Texas Commissioner of Agriculture. Perry twice sought the Republican nomination for president, running in 2012 and again in 2016.

    He attended Texas A&M University and graduated with a bachelor’s degree in animal science in 1972. Between 1972 and 1977, Perry served in the United States Air Force, flying C‑130 tactical airlift aircraft in the U.S., Europe, and the Middle East; by the time of his discharge, he had attained the rank of captain.

    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 relate to the anticipated benefits to NANO Nuclear of Gov. Perry joining as Chairman of the Company’s Executive Advisory Board. These and other 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 or non-U.S. 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 U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the enacted ADVANCE Act and the May 23, 2025 presidential executive orders seeking to support nuclear energy, 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

    • NANO Nuclear Energy Inc.

    The MIL Network –

    June 10, 2025
  • MIL-OSI: OTC Markets Group Welcomes MTL Cannabis Corp. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced MTL Cannabis Corp. (CSE: MTLC; OTCQX: MTLNF), a company engaged in the cultivation and production of cannabis products for recreational and medical purposes, has qualified to trade on the OTCQX® Best Market. MTL Cannabis Corp. upgraded to OTCQX from the OTCQB® Venture Market.

    MTL Cannabis Corp. begins trading today on OTCQX under the symbol “MTLNF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

    Our upgrade to the OTCQX® Best Market marks a significant milestone for MTL Cannabis Corp. as we expand our presence and accessibility in the US market,” said Michael Perron, CEO of MTL Cannabis Corp. “This step underscores our commitment to reaching a broader investor base, increasing liquidity, and positioning MTL Cannabis Corp. as a key player in the global cannabis industry.”

    About MTL Cannabis Corp.
    MTL Cannabis Corp., through its subsidiaries, engages in the cultivation and production of cannabis products for recreational and medical purposes in Canada.

    About OTC Markets Group Inc.

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

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

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

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

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network –

    June 10, 2025
  • MIL-OSI: OTC Markets Group Welcomes Canadian Utilities Limited to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Canadian Utilities Limited (TSX: CU; OTCQX: CDUAF), a diversified global energy infrastructure corporation, has qualified to trade on the OTCQX® Best Market. Canadian Utilities Limited upgraded to OTCQX from the Pink® market.

    Canadian Utilities Limited begins trading today on OTCQX under the symbol “CDUAF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

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

    About Canadian Utilities Limited
    Canadian Utilities Limited and its subsidiary and affiliate companies have approximately 9,100 employees and assets of $24 billion. Canadian Utilities, an ATCO company, is a diversified global energy infrastructure corporation delivering essential services and innovative business solutions. ATCO Energy Systems delivers energy for an evolving world through its electricity and natural gas transmission and distribution, and international electricity operations segments. ATCO EnPower creates sustainable energy solutions in the areas of electricity generation, energy storage, industrial water and cleaner fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets.

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

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

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

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

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network –

    June 10, 2025
  • MIL-OSI: OTC Markets Group Welcomes ATCO Ltd. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced ATCO Ltd. (TSX: ACO.X; OTCQX: ACLLF), a global enterprise provider of essential services in the energy, logistics and transportation, shelter, and real estate industries, has qualified to trade on the OTCQX® Best Market. ATCO Ltd. upgraded to OTCQX from the Pink® market.

    ATCO Ltd. begins trading today on OTCQX under the symbol “ACLLF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

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

    About ATCO Ltd.
    As a global enterprise, ATCO Ltd. and its subsidiary and affiliate companies have approximately 21,000 employees and assets of $27 billion. ATCO is committed to future prosperity by working to meet the world’s essential energy, housing, security and transportation challenges. ATCO Structures designs, builds and delivers products to service the essential need for housing and shelter around the globe. ATCO Frontec provides operational support services to government, defence and commercial clients. ATCO Energy Systems delivers essential energy for an evolving world through its electricity and natural gas transmission and distribution, and international electricity operations. ATCO EnPower creates sustainable energy solutions in the areas of electricity generation, energy storage, industrial water and cleaner fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets. ATCO Energy provides retail electricity and natural gas services, home maintenance services and professional home advice that bring exceptional comfort, peace of mind and freedom to homeowners and customers. ATCO also has investments in ports and transportation logistics, the processing and marketing of ash, retail food services and commercial real estate.

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

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

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

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

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network –

    June 10, 2025
  • MIL-OSI: NHS Management Turns to Vetty and Chattr to Supercharge Health Care Staffing

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas and TAMPA, Fla., June 10, 2025 (GLOBE NEWSWIRE) — Vetty, the one-stop shop hiring acceleration platform, and Chattr, automated AI hiring software for the frontline, today shared details of its combined support for NHS Management, LLC, which provides administrative management services for 49 health care facilities across the Southeastern U.S. with an employee headcount of more than 8,000.

    Implemented under the leadership of Mike Dickinson, Director of Recruiting at NHS Management, Vetty and Chattr have helped to fundamentally change how the company recruits in a time of unprecedented labor shortages. Bringing in Chattr to eliminate bottlenecks in applicant screening and interview scheduling, NHS Management significantly reduced its time-to-hire from roughly 20 days to nine, establishing a faster and more consistent pipeline, without sacrificing quality. Vetty served as the next step in streamlining the workflow, replacing a slow, manual process and reducing background turnaround from three to five days down to about one. The result: a more positive candidate experience and optimized hiring team efficiency.

    Dickinson commented, “Partnering with Chattr and Vetty has completely transformed how we recruit. Not only have we cut our time-to-hire in half, but we’ve also made the experience easier for our applicants and empowered our hiring managers. This has made it possible to focus on finding the right talent faster, which ultimately leads to better care for our patients and residents.”

    “Working alongside Mike and his team, we delivered a smarter, more seamless experience for NHS Management’s recruiters and the candidates they attract,” said Jim Schimpf, CEO of Chattr. “This partnership with NHS Management and Vetty is proof of the powerful outcomes that happen when innovative technology and operational excellence come together.”

    Echoing Schimpf, Jason Putnam, CEO at Vetty, added, “Hiring in a high-volume, high-turnover sector like health care presents a unique set of challenges, and every second counts in the recruiting process. Mike and the NHS Management team had a clear vision for what they wanted to accomplish by bringing in Vetty and Chattr, and we’re pleased to have delivered such tangible results.”

    ABOUT CHATTR
    Chattr is a hiring efficiency platform that helps frontline teams automate screening, scheduling, and candidate engagement. Companies rely on Chattr to speed up hiring, reduce manual work, and improve candidate conversion across high-volume roles. Learn more at https://chattr.ai.

    ABOUT VETTY
    Vetty is a one-stop shop hiring acceleration platform where companies can expeditiously complete their screening, credentialing, hiring and onboarding of prospective candidates. Companies count on Vetty to accelerate the time from offer to active and deliver clearly measurable ROI. Learn more at https://vetty.co.

    The MIL Network –

    June 10, 2025
  • MIL-OSI: InStride Redefines Workforce Development Through Strategic Expansion

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 10, 2025 (GLOBE NEWSWIRE) — InStride, a leading provider of strategic education and skilling solutions, today announced continued growth, accelerated by its new and transformative approach to workforce development. Recently named by TIME and Statista as one of the World’s Top EdTech Companies of 2025, InStride has advanced its offerings to address critical talent challenges through education and skilling solutions designed to be career-aligned, industry-relevant, and tailored to its corporate partners’ needs. In partnership with some of the most influential organizations in the Fortune 250, InStride provides nearly one million eligible employees access to over 2,500 education opportunities, helping prevent $73 million in student loan debt to date.

    “Education benefits have come a long way from basic tuition reimbursement,” said Craig Maloney, CEO of InStride. “We’ve reimagined them as strategic levers for HR teams to attract and retain talent, upskill their workforce, fill critical roles, and ensure their people are ready for what’s next. Over the past six years, we’ve built programs that address such challenges and have seen the difference they can make for people and businesses alike.”

    Each of the following innovations was designed to make strategic education solutions more relevant, flexible, and effective—for the people using them and the companies supporting them.

    Award-winning, expanded offerings

    • A broader, more flexible learning network
      Gone are the days of a one-size-fits-all workforce development. InStride’s expanding portfolio of 2,500+ educational offerings with leading universities, such as Arizona State University, creates flexible pathways aligned with workforce demands. Formats include English-language programs, specialized healthcare certifications, and stackable credentials, all tailored to how people learn and grow.
    • Career Education Paths
      InStride’s award-winning Career Education Paths connect learning directly to career outcomes, increasing program completion rates. Honored by Fast Company and EdTech Breakthrough Awards, these structured paths are designed using Lightcast to map learning to 40+ specific roles across technology, healthcare, and corporate services. The result: higher engagement and a reliable pipeline of skilled talent.
    • Dependent education benefits
      InStride enables businesses to extend education benefits to employees’ dependents. This allows employees at participating companies to use their benefits for spouses and children who gain access to career-aligned courses, certifications, and degrees, which enhances employee loyalty and retention as workers feel a deeper commitment to companies investing in their families. In turn, dependent benefits create a ripple effect beyond the workplace, helping to uplift communities by expanding access to education and opportunity for future generations.
    • Supporting a skills-first approach
      InStride helps companies build talent strategies grounded in employee skills and capabilities. This includes helping companies identify the skills needed for key roles, map career paths, and uncover gaps between the skills employees have and the ones their businesses need. With that foundation in place, companies can make more informed hiring and promotion decisions—and use targeted learning programs to help employees build the skills to grow into critical roles.

    Pioneering, scalable, customizable solutions

    • Hybrid clinical cohorts
      Healthcare systems can’t rely solely on external hiring. InStride’s hybrid clinical cohorts address staffing shortages in healthcare by combining online coursework with in-hospital training. With structured learning models to boost completion rates, they create pathways to in-demand roles like medical assistants, surgical technologists, and clinical lab specialists. This empowers employers to develop talent from within, which has proven to reduce staffing shortages and improve career mobility for existing employees.
    • Industry-first franchise workforce education model
      InStride’s hub-and-spoke franchise education model allows franchisees to opt into and manage corporate education programs while customizing them for their workforce, providing centralized tracking and reporting tools for improved oversight​. This balance between corporate structure and local flexibility helps franchise businesses retain and develop talent while maintaining a consistent workforce strategy. This approach has delivered impressive results, with over 50% of franchisees at one partner adopting the program in its first year and achieving a one-third higher retention rate for participating employees compared to non-participants.
    • Custom solutions for accelerated capability building
      To help businesses build specialized professional skill sets, InStride introduced Capability Accelerators, which provide custom academies tailored for specific roles including first-line managers, manufacturing and healthcare leaders; cohort-based learning with applied, real-world training featuring expert coaching and AI-enhanced tools; and university-backed content that blends academic insights with practical, job-relevant learning.

    “We remain committed to building solutions that meet real workforce needs,” said Craig Maloney, CEO of InStride. He says of the company’s future development: “We’re now investing more in AI that truly transforms individual careers and organizational success. We always start with our partners’ business goals in mind—and by intelligently analyzing employee data like job roles, skills, and aspirations, we’re better able to connect talent to the right education opportunities and personalized coaching support. That precision is what drives meaningful outcomes.”

    About InStride

    InStride solves corporate talent challenges with strategic education and skilling solutions. By breaking down barriers to learning, fostering career growth aligned with organizational goals, and simplifying program management, InStride delivers lasting impact. Partnering with forward-thinking companies like Labcorp, Adidas, and SSM Health, InStride drives meaningful social and business outcomes by providing access to life-changing education. Visit instride.com or follow InStride on LinkedIn for more information and up-to-date news.

    Contact
    Sophia Puglisi, Communications Manager at InStride, sophia.puglisi@instride.com, 805-889-6273

    The MIL Network –

    June 10, 2025
  • MIL-OSI: eToro Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — eToro Group Ltd. (“eToro”, or the “Company”) (NASDAQ: ETOR), the trading and investing platform, today announced financial results for the first quarter ended March 31, 2025.

    “I am incredibly proud of the eToro team for producing strong first quarter results and the successful completion of our initial public listing. As a business that champions access to capital markets, we are excited to now be part of those markets. The retail investor of 2025 is informed and connected and we’re encouraged to see their trading behavior enabling them to benefit from market opportunities. We believe that AI is turbo-charging the reshaping of the investing landscape and we’re excited to be at the forefront of this transformation. As a global community that empowers retail investors, we are well positioned to drive sustainable growth and profitability over time, creating further value for our shareholders,” commented Yoni Assia, CEO and Co-founder of eToro.

    First Quarter 2025 Financial Highlights

    • Net contribution increased by 8% year on year to $217 million, compared to $201 million in the first quarter of 2024, driven primarily by increased trading activity.
    • Net income (GAAP) was $60 million, compared to $64 million in the first quarter of 2024 due to increased investment in marketing and growth in response to favorable market conditions.
    • Adjusted EBITDA (non-GAAP) was $80 million compared to $87 million in the first quarter of the prior year reflecting the investments referenced above. Adjusted EBITDA margin was 37%, compared to 43% in the prior year period.1
    • Funded accounts increased 14% year on year to 3.58 million compared to 3.13 million in the first quarter of 2024. This was driven primarily by ongoing user acquisition and retention efforts, as well as the acquisition of Australian investing app Spaceship in 2024.
    • Assets under Administration grew by 21% year on year to $14.8 billion compared to $12.2 billion.
    • Cash, cash equivalents and short term investments were $736 million as of March 31, 2025.

    1 See “Non-GAAP Financial Metrics and Key Performance Indicators” below for additional information and a reconciliation to GAAP for all Non-GAAP financial metrics. Adjusted EBITDA margin is based on net contribution.

    “Our results show strong business performance for Q1 with an increase in net contribution driven by increased trading activity and our continued focus on sustainable, profitable growth. In the first quarter, in response to the market environment, we increased investment in marketing and growth,” said Meron Shani, eToro CFO.

    Business Highlights
    eToro continued to focus on sustainable, profitable growth in Q1, launching products and services to support users at every stage of their investing journey.

    • Trading: eToro continues to expand and develop the range of assets and tools users need to trade the global markets. In the first quarter, eToro launched futures in Europe and options in the UK. With the addition of 40 more tokens, eToro now offers trading in over 130 cryptoassets. The Company also extended trading hours by offering a number of stocks and ETFs for 24/5 trading.
    • Investing: eToro added stocks from the Abu Dhabi and Hong Kong stock exchanges and now offers users the ability to invest in companies listed on more than 20 of the world’s leading exchanges. It continued to grow its range of Smart Portfolios with the launch of a commodities portfolio in partnership with WisdomTree, and a portfolio offering 100% capital protection. As part of the Company’s commitment to offer its users access to interest earning assets, eToro launched securities lending to users in Europe, and expanded crypto staking to include DOT and ATOM.
    • Wealth management: As part of its long-term investment strategy, in the first quarter, eToro introduced a new self-directed offering as part of its UK ISA and introduced recurring investments for stocks, ETFs and crypto allowing users to make regularly scheduled investments. The Company also initiated the integration of Spaceship and the expansion of its Australian offering to include superannuation solutions.
    • Neo-banking: In the first quarter, eToro began the roll out of crypto to fiat enabling users to transfer their crypto to eToro and diversify into other asset classes. As part of the expansion of the eToro Money offering, eToro partnered with local financial institutions to offer local virtual bank accounts in multiple countries. The Company also continued to expand the ability for users to trade local stocks using local currencies.
    • Financial education and AI: eToro is committed to empowering its users to grow their financial knowledge with accessible and engaging content. The Company is leveraging AI to accelerate the production and translation of education materials and now offers more than 3,000 articles, videos, podcasts and webinars in 11 languages.
    • Regulatory developments: In Q1, eToro was granted a MiCA permit by CySec which enables the provision of crypto services across the EU. As long-term supporters of crypto, this is a key milestone and eToro welcomes the regulatory clarity and uniform rules provided by MiCA which it believes will foster greater crypto adoption across Europe. The Company also achieved a SOC 2 Type II compliance certification which demonstrates its strong commitment to operational excellence throughout its crypto custody operations.

    Second Quarter 2025 Update

    • The performance of the business through May 31, 2025 reflects continued progress and interest in trading and investing from retail investors in response to market events.
    • As of May 31, 2025 eToro had 3.61 million funded accounts and $16.9 billion in Assets under Administration.

    Contact
    Media Relations – pr@etoro.com
    Investor Relations – investors@etoro.com

    About eToro
    eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media center here for our latest news.

    ETORO GROUP LTD.
    CONDENSED CONSOLIDATED BALANCE SHEETS
    U.S. dollars in thousands

        March 31,   December 31,
        2025   2024
        Unaudited   Audited
    Assets        
    Current assets:        
    Cash and cash equivalents   660,060     575,395  
    Restricted cash   319     314  
    Short-term investment   76,000     65,000  
    Counterparties   240,842     224,867  
    Cryptoassets   99,761     113,279  
    Receivable from omnibus accounts   10,905     50,466  
    Other receivables and prepaid expenses   49,795     46,005  
        1,137,682     1,075,326  
             
    Non-current assets:        
    Restricted cash   11,751     11,630  
    Right of use assets   43,054     44,406  
    Property and equipment, net   4,965     5,007  
    Goodwill and other intangible assets, net   45,564     46,346  
    Deferred taxes   12,708     8,647  
        118,042     116,036  
             
    Total Assets   1,255,724     1,191,362  
             
    Liabilities and equities        
    Current liabilities:        
    Accounts payable   5,768     4,201  
    Current maturities of long-term lease liabilities   4,940     4,758  
    Payable to users   115,290     103,493  
    Accrued expenses and other payables   176,718     193,115  
        302,716     305,567  
             
    Non-current liabilities:        
    Employee benefit liabilities, net   1,202     1,253  
    Long-term lease liabilities   42,447     43,546  
    Deferred taxes liabilities   7,210     2,968  
    Other long-term liabilities   7,484     5,653  
        58,343     53,420  
             
    Equity attributable to equity holders of the company:        
    Common share premium   479,036     474,469  
    Preferred share premium   397,019     397,019  
    Treasury shares   (2,625 )   (2,625 )
    Advanced Investment Agreement   9,091     9,091  
    Other capital reserve   (361 )   1,868  
    Retained Earnings (Accumulated deficit)   12,505     (47,447 )
        894,665     832,375  
    Total liabilities and equity   1,255,724     1,191,362  

    ETORO GROUP LTD.
    CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
    AND OTHER COMPREHENSIVE INCOME (LOSS)
    U.S. dollars in thousands

        Three months ended
    March 31,
        2025   2024
        Unaudited   Unaudited
             
    Revenue and income:        
    Net trading income from equities, commodities and currencies   96,837     73,098  
    Revenue from cryptoassets   3,500,800     3,293,120  
    Net trading income (loss) from cryptoassets derivatives   77,051     (56,767 )
    Net interest income from users   52,618     49,318  
    Currency conversion and other income   23,911     21,403  
    Other interest income   4,164     3,348  
    Total revenue and income   3,755,381     3,383,520  
             
    Costs:        
    Cost of revenue from cryptoassets   3,528,853     3,173,766  
    Margin interest expense   9,159     8,650  
    Research and development   36,621     33,166  
    Selling and marketing   61,222     37,342  
    General, administrative and operating costs   49,502     56,042  
    Finance and other expenses, net   (517 )   928  
    Total costs   3,684,840     3,309,894  
             
    Income before taxes on income   70,541     73,626  
    Taxes on income   10,589     9,516  
    Net income   59,952     64,110  
             
    Other comprehensive income, net:        
    Items that may be reclassified subsequently to profit or loss:        
    Cash flow hedges, net of tax   (2,229 )   –  
    Other comprehensive loss for the year, net of tax   (2,229 )   –  
             
    Total comprehensive income   57,723     64,110  
             
    Basic net income per share   0.79     0.85  
    Diluted net income per share   0.69     0.76  
             
    Weighted-average shares of common shares used to compute net income per share attributable to common shareholders:      
    Basic   75,712,289     75,040,326  
    Diluted   86,576,130     84,239,189  

    ETORO GROUP LTD.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    U.S. dollars in thousands

        Three months ended
    March 31,
        2025   2024
        Unaudited   Unaudited
             
    Cash flows from operating activities:        
    Net income   59,952     64,110  
             
    Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
    Adjustments to profit or loss items:        
    Depreciation, amortization and impairment   3,011     2,590  
    Share-based payment   4,287     8,891  
    Evaluation of contingent liability   1,831     –  
    Revaluation of fair value of cryptoassets and counterparties   51,830     (2,004 )
    Non-cash revenue from staking and blockchain rewards   (8,723 )   (3,877 )
    Non-cash costs from staking and blockchain rewards   5,847     2,441  
    Finance and other expenses, net   (517 )   928  
    Taxes on income, net   10,589     9,516  
        68,155     18,485  
    Changes in asset and liability items:        
    Increase of counterparties   (68,235 )   (67,300 )
    Decrease (increase) of cryptoassets   13,154     (8,196 )
    Increase of other receivables and prepaid expenses   (7,029 )   (15,427 )
    Increase of restricted cash   (124 )   (77 )
    Increase (decrease) of accounts payable   (670 )   13,043  
    Increase of user and omnibus accounts, net   48,901     38,842  
    Increase (decrease) of accrued expenses and other payables   (19,753 )   11,677  
    Decrease of employee benefit liabilities, net   (29 )   (439 )
        (33,785 )   (27,877 )
    Interest received (paid), net during the year   967     (1,235 )
    Taxes paid, net during the year   (5,557 )   (2,600 )
    Net cash provided by operating activities   89,732     50,883  
             
    Cash flows from investing activities:        
    Increase of short-term investments   (11,000 )   –  
    Purchase of property and equipment   (522 )   (1,712 )
    Purchase of intangible assets   (57 )   –  
    Net cash used in investing activities   (11,579 )   (1,712 )
             
    Cash flows from financing activities:        
    Exercise of options   280     211  
    Repayment of lease liability   (1,147 )   (909 )
    Net cash used in financing activities   (867 )   (698 )
             
    Exchange differences on balances of cash and cash equivalents   7,379     (3,579 )
             
    Increase in cash and cash equivalents   84,665     44,894  
             
    Cash and cash equivalents at beginning of year   575,395     388,334  
             
    Cash and cash equivalents at end of year   660,060     433,228  


    Non-GAAP Financial Metrics and Key Performance Indicators

    This press release and the accompanying tables contain certain non-GAAP financial metrics which differ from results prepared in accordance with GAAP. These non-GAAP financial metrics include: Adjusted EBITDA, which is defined as net income (loss) adjusted to exclude finance and other expenses, net, taxes on income, share-based payment expense, depreciation and amortization, employee non-cash expense, one-time transaction costs and other expense (income).

    eToro believes that these non-GAAP financial metrics may be helpful to investors because they provide consistency and comparability with past financial performance. Additionally, eToro management regularly review certain key performance metrics and non-GAAP financial metrics to evaluate its business, measure its performance, identify trends, prepare financial projections and make business decisions. However, non-GAAP financial metrics are presented for supplemental informational purposes only, have limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Other companies, including companies in eToro’s industry, may calculate similarly titled non-GAAP financial metrics differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of these non-GAAP financial metrics as tools for comparison. A reconciliation is provided below for the non-GAAP financial metrics to the most directly comparable financial metric stated in accordance with GAAP.

    ETORO GROUP LTD.
    RECONCILIATION OF NON-GAAP METRICS
    U.S. dollars in thousands

        Three months ended
        March 31,
        2025   2024
        Unaudited   Unaudited
             
    Net income   59,952     64,110
    Finance expense, net   (517 )   928
    Taxes on income   10,589     9,516
    Share-base payment expense   4,287     8,891
    Depreciation, amortization, and impairment   3,010     2,590
    Employee non-cash expense2   (1,049 )   595
    Transaction related costs3   2,091     247
    Evaluation of contingent liability4   1,831     –
             
    Adjusted EBITDA   80,194     86,877

     

    2Employee non-cash expense is related to payroll expenses recorded in respect of the non-withdrawable amount (“NWA”) over the employee’s vesting period.
    3Transaction related costs include transaction costs associated with the initial public offering.
    4 Evaluation of contingent liability is related to the commitment to issue shares as part of the Spaceship acquisition. Due to an increase in the share price, an evaluation was performed.

    Definitions of Certain Key Performance Indicators

    Adjusted EBITDA: Adjusted EBITDA is a non-GAAP financial metric that we define as net income (loss) adjusted to exclude finance and other expenses, net, taxes on income, share-based payment expense, depreciation and amortization, employee non-cash expense, one-time transaction costs and other expense (income).

    Assets under administration: Assets under administration (‘AUA’) are defined as the aggregate of the following: (i) the total fair value of all equities, cryptoassets, commodities, currencies and options held by users in their accounts, (ii) cash held by users in their accounts, (iii) eToro Money balances, (iv) users’ cryptoassets held in the eToro digital wallet, (v) users’ assets held by 3rd parties partners for execution or custody services.

    Funded Accounts: Funded Accounts are users who have completed KYC, AML and other onboarding processes, activated their account, deposited funds, executed at least one trade at any time and have a positive account balance (invested or uninvested). Funded Accounts represent the deepest level of our user acquisition funnel and are the users from whom we generate Total Commission.

    Interest Earning Assets: Interest Earning Assets are the average monthly balances of users’ cash balances, corporate cash, users’ total leveraged positions and stakeable cryptoassets.

    Net Contribution: Net Contribution reflects Total revenue and income, less the Cost of revenue from cryptoassets and Margin interest expense. We use Net Contribution to evaluate the net contributions of our users’ activity on our platform before considering the overhead costs associated with our operations.

    Net Contribution consists of the following five components, each representing revenue or income divided across our products based on the distinct patterns upon which we monetize users’ activity on the platform. We evaluate the performance of our business and our success in both diversification and risk management across these five components:

    • Net Trading Contribution (Equities, Commodities and Currencies) is equal to our Net trading income from equities, commodities and currencies.
    • Net Trading Contribution (Cryptoassets) is equal to Revenue from cryptoassets plus Net trading income (loss) from cryptoasset derivatives less Cost of revenue from cryptoassets, excluding the net contributions from blockchain rewards and staking activity.
    • Net Interest Contribution represents Net interest contribution from users plus Other interest income plus the net contributions of staking activity, less Margin interest expense.
    • eToro Money comprises the vast majority of our Currency conversion and other income. It represents the income earned from our money management services, including currency conversions, withdrawals, interchange on our debit card, transfers of cryptoassets, and fees relating to our cryptoasset wallet services.
    • Subscriptions and Other is the remainder of Currency conversion and other income not attributable to eToro Money plus the net contributions of blockchain rewards.

    Net Income
    Net income represents the company’s total earnings or profit for a given period, calculated as total revenue minus all expenses, including operating costs, depreciation, interest, taxes, and other income or expenses. It reflects the company’s overall profitability according to GAAP standards.

    Cautionary Note Regarding 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, including but not limited to, statements regarding our financial outlook and market positioning. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “outlook,” “guidance,” “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond eToro’s control. eToro’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to market volatility and erratic market movements; failure to retain existing users or adding new users; extreme competition; changes in regulatory and legal framework under which we operate; regulatory inquiries and investigations; our estimates of our financial performance; interest rate fluctuations; the evolving cryptoasset market, including the regulations thereof; conditions related to our operations in Israel, including the ongoing war; risks related to data security and privacy and use of OSS; risks related to AI; changes in general economic or political conditions; changes to accounting principles and guidelines; the ability to maintain the listing of our securities on Nasdaq; unexpected costs or expenses; and other factors described in “Risk Factors” in our Registration Statement on Form F-1, filed with the SEC on March 24, 2025, as amended, and declared effective by the SEC on May 13, 2025. Further information on potential risks that could affect actual results will be included in the subsequent filings that eToro makes with SEC from time to time.

    Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent eToro’s views as of the date of this press release. eToro anticipates that subsequent events and developments will cause its views to change. eToro undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. These forward-looking statements should not be relied upon as representing eToro’s views as of any date subsequent to the date of this press release.

    Source: eToro Group Ltd.

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Gilat Secures $27 Million for Gilat’s Stellar Blu Portfolio

    Source: GlobeNewswire (MIL-OSI)

    PETAH TIKVA, Israel, June 10, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that its Commercial Division secured $27 million for Gilat Stellar Blu’s ESA Terminal technology. Deliveries are expected primarily over the next 12 months.

    Gilat Stellar Blu’s compact, high-performance, multi-orbit ESA terminal, technology, products and solutions are gaining traction across the aviation market as they are designed to meet the increasing connectivity demands of commercial, business and defense airborne platforms. The platform enables high-capacity communications with the agility and scalability required for next-generation aviation networks.

    The market for airborne communications is seeing strong momentum, with sustained investment from all sectors. This trend supports continued demand for innovative, high-value connectivity solutions worldwide.

    “These orders and deliveries represent an important step forward in the continued expansion of our Sidewinder platform,” said Tracy Trent, President of Gilat Stellar Blu. With Gilat Stellar Blu’s innovation and momentum, we’re enabling more and more agile, scalable, and mission-critical airborne communications solutions for commercial, business and defense sectors.”

    About Gilat

    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Together with our wholly owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

    Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

    Contact:

    Gilat Satellite Networks
    Hagay Katz, Chief Product and Marketing Officer
    hagayk@gilat.com

    Alliance Advisors:
    GilatIR@allianceadvisors.com
    Phone: +1 212 838 3777

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Eternex Network (eTRNX) Completes Successful Phase 1 of IEO — Aims to Reshape Global Finance with Tokenized Real-World Assets and AI-Powered Investing

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 10, 2025 (GLOBE NEWSWIRE) — eTRNX Network, the next-generation blockchain ecosystem built for emerging markets, has officially concluded Phase 1 of its Initial Exchange Offering (IEO) with resounding success. With listings across major IEO platforms-P2PB2B, Dex-Trade, and BitStorage—the project has captured global investor attention by delivering on its promise: real-world blockchain utility, not just market speculation.

    As Phase 2 of the IEO approaches completion, early participants still have a chance to secure positions before the next wave of utility rollouts, token unlocks, and exchange listings.

    Finance Without Borders, Barriers, or Banks

    While most DeFi projects chase hype, eTRNX focuses on substance-building an ecosystem that democratizes access to income-generating assets and powerful financial tools. Designed to serve populations in Africa, Asia, and the Middle East, the project delivers:

    Tokenized REITs: Own fractions of global real estate and earn automated monthly rental yields via smart contracts.

    Money Market Funds (MMFs): Blockchain-powered access to traditionally exclusive low-risk investments.

    AI-Powered Portfolio Management: From automated asset rebalancing to risk detection, eTRNX puts institutional-grade AI in the hands of everyday users.

    Multi-Chain Utility: Operating across Tron, Stellar, and Solana for ultra-fast, low-cost, and borderless transactions.

    Staking with up to 30% APY: A deflationary model that rewards long-term holders while helping to stabilize token velocity.

    Decentralized Governance: 1 token = 1 vote. Token holders shape the future of the protocol via treasury proposals and upgrades.

    Phase 1 Success, Phase 2 Closing Fast

    With the completion of Phase 1 IEO of eTRNX tokens thousands of early backers onboarded, the project’s Phase 1 IEO marked a significant milestone in its roadmap. Strategic partnerships are in development for token utility, staking platforms, and REIT infrastructure deployment.

    Now, with Phase 2 nearly 50% filled, investors can still access the project at an early valuation before the next pricing stage activates.

    Join the IEO Before It Ends

    Participate across the following launchpads:

    What’s Coming Next?

    Deployment of the eTRNX Tokenized REIT marketplace
    Launch of smart investment dashboards with AI integration
    Multichain wallet support and cross-border payment gateway
    Community governance framework + first treasury proposals

    eTRNX is committed to solving real-world financial access problems using blockchain technology, AI, and an inclusive, compliance-aware ecosystem architecture.

    About eTRNX Network

    eTRNX Network is a blockchain-based financial infrastructure platform offering fractional real estate ownership, tokenized money market funds, and AI-automated investing tools. Built to empower underserved global communities, the project merges transparency, scalability, and long-term value in a multichain architecture.

    Stay Connected for Official Updates

    For the latest news and release schedules, join the official channels:

    Website: https://www.etronnetwork.org
    Twitter: https://x.com/eTRNXOFFICIAL
    Telegram: https://t.me/etrnx01

    Media Contact Details:

    Company Name: Etron Network
    Company Website: https://www.etronnetwork.org/
    Company Email: Esther@etronnetwork.org
    Concerned Person: Esther Kendi

    Disclaimer: This press release is provided by Eternex Network. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. 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.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2f297b1e-b147-4ec9-815b-3d35f6f6d982

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Claimable Honored in Fast Company’s 2025 World Changing Ideas Awards

    Source: GlobeNewswire (MIL-OSI)

    Annual Awards Recognize Innovative Companies and Projects Addressing the World’s Most Urgent Challenges

    Recognition Follows Claimable’s Launch of GLP-1 Support, Helping Patients Navigate One of the Most Denied Treatments in the U.S.

    SACRAMENTO, Calif., June 10, 2025 (GLOBE NEWSWIRE) — Claimable is proud to announce that it has been named to Fast Company’s 2025 World Changing Ideas Awards list. This annual recognition honors bold and transformative efforts that tackle the world’s most pressing issues—from fresh sustainability initiatives and cutting-edge AI developments to ambitious pursuits of social equity helping mold the world.

    Every year, 850 million healthcare claims are denied, forcing millions of Americans to choose between medical care and financial stability. Claimable is tackling this healthcare crisis with the first AI-powered appeals platform, helping patients and providers fight back against unjust denials. Patients upload their denial notice and insurance information, answer a few questions, and Claimable does the rest, analyzing clinical research, policy details, appeals data, and their unique medical story to generate and submit a customized appeal in minutes.

    This year’s awards showcase 100 outstanding projects. A panel of Fast Company editors and reporters selected the winners from a pool of more than 1,500 entries and judged applications based on their impact, sustainability, design, creativity, scalability, and ability to improve society.

    “The World Changing Ideas Awards have always been about showcasing the art of the possible,” says Fast Company editor-in-chief Brendan Vaughan. “We’re proud to recognize the organizations and leaders that are making meaningful progress on the biggest issues of our time.”

    Since launching in late 2024, Claimable has recovered nearly $6 million for patients, boasting an over 80% success rate across more than 70 commonly denied treatments, including autoimmune and migraine medications, IVIG for children with PANS/PANDAS, and now GLP-1s for obesity and type 2 diabetes. For the millions facing treatment delays or crushing medical debt, Claimable offers hope, making the appeals process simple, fast, and effective, getting patients the care they deserve.

    “We’re using AI to solve a deeply human problem,” said Claimable Co-Founder and Chief AI Officer Zach Veigulis. “Fast Company’s recognition reinforces what we’ve always believed at Claimable, that AI can be used to make life better. At a time when technology is often used to cut costs and deny care, we’re proving it can expand access and return power to patients.”

    This recognition comes as Claimable expands its impact with support for GLP-1 medication appeals. One of today’s most denied treatment categories, GLP-1s like Ozempic, Mounjaro, Zepbound, and Wegovy have transformed care for people with obesity and type 2 diabetes. However, patients are often denied access due to formulary exclusions, overly restrictive eligibility criteria, or insurer mandates to “fail first” on older or less effective treatments. With over 137 million U.S. adults now eligible for GLP-1 support, Claimable offers patients and providers a purpose-built solution designed to overcome the unique challenges of GLP-1 coverage denials.

    “Insurance denials aren’t just a paperwork issue, they’re a public health crisis hiding in plain sight,” said Alicia Graham, co-founder and COO at Claimable. “While others patch old systems, we’re building something entirely new. We’re reimagining how healthcare access should work, using technology to turn the tables on a system that’s stacked against patients. That’s why we’ve built Claimable alongside the people most affected: patients and providers. Our platform works because it doesn’t just make appeals faster, it makes them smarter, giving people the best chance to win.”

    Claimable is available nationwide and accepts denials from all insurance providers, including Medicare, Medicaid, United Healthcare, Anthem, Aetna, Cigna, and BCBS plans. To learn more about Claimable and all the treatments they support, visit www.getclaimable.com. 

    ABOUT CLAIMABLE
    Claimable revolutionizes the way patients and providers fight healthcare denials, helping ensure everyone has access to the care they need and the coverage they deserve. The platform leverages purpose-built AI to analyze clinical research, policy details, appeals data, and patients’ unique medical stories, generating and submitting customized appeals in minutes. Claimable is available nationwide, accepting denials from all insurance providers, including Medicare and Medicaid. A NVIDIA Inception Program member, Claimable continues to push the boundaries of AI innovation in healthcare. For more information: www.getclaimable.com. 

    Contact:
    Emily Fox
    press@getclaimable.com 

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Executive Order “Unleashing American Drone Dominance” -– Draganfly Selected by Southern Border Cochise County Sheriff’s Department for Drone Pilot Program.

    Source: GlobeNewswire (MIL-OSI)

    Tampa, FL, June 10, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its selection by the Cochise County Sheriff’s Department to support a new drone pilot program aimed at enhancing surveillance and operations along the southern border. This initiative aligns with President Donald J. Trump’s executive order, “Unleashing American Drone Dominance,” which seeks to reassert America’s leadership in unmanned aerial systems for security and defense.

    The Cochise County Sheriff’s Department, recognized nationally for its innovative use of technology in law enforcement, has previously implemented high-resolution camera networks, sensor-integrated mobile units, and ground surveillance radar systems. These efforts have garnered commendations and visits from President Trump and Vice President JD Vance, highlighting the department’s leadership in border enforcement and technological integration.

    “The southern border is one of America’s most critical national security frontiers,” said Captain Tim Williams of Cochise County Sheriff’s Department. “Our department has always been committed to leveraging the best tools available. With Draganfly as our drone partner, we’re entering the next phase of smart border enforcement. Their systems will enhance our ability to protect communities, manage humanitarian concerns, and respond rapidly to evolving threats.”

    Under this new pilot program, the department will deploy the Draganfly family of drones for extended border surveillance, quick-response missions and nighttime operations. Draganfly’s drones are known for their adaptability and multi-mission capabilities, providing law enforcement and public safety operators the ability to execute a variety of operating tactics and capabilities from a single vehicle, with a variety of configurations available to support various payload and range demands. Draganfly products are capable of integrating with a variety of incumbent hardware and software solutions, including TAK(Team Awareness Kit) network compatibility, enabling a seamless integration with existing capabilities.

    “We are honored to be working with the Cochise County Sheriff’s Department on this historic program,” said Cameron Chell, CEO of Draganfly. “Their team represents some of the best of American law enforcement—innovation-focused, community-minded, and mission-ready. This project embodies the spirit of President Trump’s executive order and sets a gold standard for how drone technology should be used to secure national borders.”

    This initiative not only reinforces the department’s legacy of operational excellence but also positions Cochise County as a national model for technology-enabled border enforcement.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and serve their stakeholders. Recognized as being at the forefront of technology for over 25 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

    NASDAQ (DPRO)
    CSE (DPRO)
    FSE (3U8)

    Media Contact:
    Erika Racicot
    Email: media@draganfly.com

    Company Contact:
    Email: info@draganfly.com

    Forward-Looking Statements

    This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as ‎‎‎‎defined under applicable securities laws. Forward-looking statements ‎‎‎‎and information can ‎‎‎‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, ‎‎‎‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements ‎‎‎‎and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and ‎‎‎‎assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant ‎‎‎‎business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to Draganfly’s drones being known for their adaptability and multi-mission capabilities, providing law enforcement and public safety operators the ability to execute a variety of operating tactics and capabilities from a single vehicle, with a variety of configurations available to support various payload and range demands, as well as their capable of integrating with a variety of incumbent hardware and software solutions, including TAK network compatibility, enabling a seamless integration with existing capabilities. Forward-‎‎‎‎looking statements and information are subject to various ‎known ‎‎and unknown risks and ‎‎‎‎‎uncertainties, many of which are beyond the ability of the Company to ‎control or ‎‎predict, that ‎‎‎‎may cause ‎the Company’s actual results, performance or achievements to be ‎materially ‎‎different ‎‎‎‎from those ‎expressed or implied thereby, and are developed based on assumptions ‎about ‎‎such ‎‎‎‎risks, uncertainties ‎and other factors set out here in, including but not limited to: the potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on the Company’s business, operations and financial ‎‎‎‎condition; the ‎‎‎successful integration of ‎technology; the inherent risks involved in the general ‎‎‎‎securities markets; ‎‎‎uncertainties relating to the ‎availability and costs of financing needed in the ‎‎‎‎future; the inherent ‎‎‎uncertainty of cost estimates; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and liability, ‎competition, loss of key ‎‎‎‎employees and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed ‎‎‎with securities regulators in Canada on ‎the SEDAR ‎‎‎‎website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed, and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Exodus Movement, Inc. May 2025 Treasury Update and Monthly Metrics

    Source: GlobeNewswire (MIL-OSI)

    OMAHA, Neb., June 10, 2025 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”), a leading self-custodial cryptocurrency platform, today announced an update to selected digital asset holdings of Exodus’ corporate treasury, as well as updated user and exchange provider processed volume metrics, as of May 31, 2025:

    Selected Digital Asset Holdings (Unaudited)
    Bitcoin (BTC): 2,038 BTC as of May 31, 2025
    Ethereum (ETH): 2,721 ETH as of May 31, 2025
    Solana (SOL): 29,109 SOL as of May 31, 2025

    Users
    Monthly Active Users (MAUs): 2.2 million as of May 31, 2025, of which approximately 675,000 are Passkeys Wallets.

    Swap Volume
    Exchange provider processed volume was $486M for the month of May 2025, of which $69M (14%) originated from our XO Swap partners.

    Exodus CEO, JP Richardson, commented: “Our monthly active users benefited from a brief May promotion aimed at Passkeys Wallets that we do not expect to reoccur in June. However, this performance demonstrates the power of our Passkeys tech, enabling a scalable, hassle free, and under thirty second wallet onboarding experience ideal for stablecoin adoption. Additionally, we believe our sponsorship of the Las Vegas BTC 2025 conference further reinforced Exodus’ market leadership in bringing crypto, including Bitcoin and stablecoins, to the wider public.”

    “Our operations continue to generate Bitcoin,” Exodus CFO James Gernetzke remarked. “In particular, incremental increases in our BTC units held demonstrate the real-world benefits of our operational philosophy. In addition, we plan to continue to drive shareholder value by executing upon our organic growth initiatives, pursuing potential strategic acquisitions, and expanding our digital assets treasury.”

    About Exodus
    Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use.

    With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation.

    Exodus is committed to driving the future of accessible and secure finance. Learn more at exodus.com or follow us on X at x.com/exodus.

    Investor Contact
    investors@exodus.com

    Disclosure Information
    Exodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites exodus.com/investors and exodus.com/blog; press releases; public videos, calls, and webcasts; and social media: X (@exodus and JP Richardson’s feed @jprichardson), Facebook, LinkedIn, and YouTube.

    Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “should,” “intend,” “believe,” “expect,” “likely,” “believes,” “views”, “estimates,” or other comparable terminology.

    Forward-looking statements in this document include, but are not limited to, management statements regarding management’s confidence in our products, services, business trajectory and plans, expectations regarding demand for our products, and optionality around future securities offerings, including to finance acquisitions. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in “Item 1. Business” and “Item 1A. Risk Factors” of Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 6, 2025, as well as in our other reports filed with the SEC from time to time.

    All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Orezone Intercepts Further High-Grade Mineralization at Bomboré Including 11.33 g/t Gold Over 11.00m and 10.28 g/t Gold Over 5.00m

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide additional drill results from its ongoing multi-year exploration campaign at its flagship Bomboré Gold Mine. These latest results are from multiple targets identified along the broader 14km long reserve defined Bomboré gold system, which remains open for further expansion.

    Selected Drill Highlights1:

    • 11.33g/t Au over 11.00m (BBC6960)
    • 10.28g/t Au over 5.00m (BBC7132)
    • 6.79g/t Au over 8.00m and 2.22g/t Au over 14.00m (BBC7141)
    • 7.40g/t Au over 6.70m (BBD1124)
    • 6.61g/t Au over 4.15m (BBD1341)
    • 2.96g/t Au over 10.00m (BBC7158)
    • 1.84g/t Au over 15.70m (BBD1346)
    • 1.53g/t Au over 17.00m (BBC7148)
    • 1.45g/t Au over 14.10m (BBD1344)
    • 1.23g/t Au over 9.65m (BBD1329)

    Patrick Downey, President and CEO stated, “These latest drill results further underscore the significant exploration upside at Bomboré and clearly illustrate that the broader system remains open to depth, along strike and outside of the currently delineated mineralized trends. At P17, drilling was successful in tracing higher-grade sub-zone mineralization a further 300m down plunge, while wide spaced step-out drilling at P16 and Siga have extended mineralization a respective 600m and 550m along strike. As we ramp up our exploration efforts at Bomboré, we continue to re-evaluate and update the project’s existing exploration framework. The latest results also provide clear evidence that the hanging wall and footwall of the broader 14km long reserve defined system are prospective for additional near-surface discoveries, which was not previously recognized.

    While Bomboré currently hosts a stated 5 million ounce global resource, which is the basis for the ongoing production expansion to 220,000 to 250,000 ounces per annum, the results of the current exploration program continue to provide support for the Company’s long-term targeted resource base of 7 to 10 million ounces.”

    P17 Trend: Higher-Grade Sub-Zones

    Drilling at P17 was successful in further illustrating the down plunge continuity of the higher-grade sub-zones, the highlight of which was an intercept of 7.40g/t Au over 6.70m (BBD1124), which marks a 300m down plunge extension from the previously reported 11.52g/t Au over 10.60m (BBD1081, Figure 3). Other notable sub-zone intercepts from this recent round of drilling include 5.22g/t Au over 4.00m (BBD1346), 20.14g/t Au over 2.00m (BBD1341) and 15.61g/t Au over 1.00m (BBD1335).

    While the Company continues to define the structural setting of the P17 Trend, and further develop a predictive model for future sub-zone targeting, a key takeaway from the recent drilling was a better understanding of the controls of the higher-grade mineralization which comprise these sub-zones. It is now recognized that the higher-grades are associated with a later-stage quartz veining event, within which multiple occurrences of visible gold were observed for the first time (Figure 1). This marks an important development in the Company’s understanding of the Bomboré system, which to date has been focused on a low grade, bulk tonnage open pit model. While still early-stage, the Company continues to evaluate the sub-zones along the P17 Trend, and other localized higher-grade areas along the broader 14km system, as future potential sources of higher-grade underground feed, beneath the open pits.

    Figure 1: P17 Drill Core Photos – highlighting visible gold within higher-grade sub-zone

    P17 Trend: selected high-grade sub-zone intercepts (previously reported):

    • 14.67g/t Au over 6.0m (BBD1066)
    • 16.58g/t Au over 4.6m (BBD0991)
    • 11.52g/t Au over 10.6m (BBD1081)
    • 9.44g/t Au over 10.0m (TYD0041)
    • 8.47g/t Au over 6.0m (BBD1132)
    • 7.08g/t Au over 7.0m (TYC0123)
    • 7.62g/t Au over 5.5m (TYD0035)

    Near Surface Strike Extensions

    In addition to extending the Bomboré mineral system to depth, and defining higher-grade sub-zones within, further delineating near-surface strike extensions to multiple resource areas continues to be another important area of investigation. A highlight of such recent targeting was at P16, where a series of step-out holes successfully identified mineralization an additional 600m to the north (Figure 2), as supported by intercepts of 0.92g/t Au over 14.35m (BBD1348), 0.71g/t Au over 9.00m (BBD1349), 0.68g/t Au over 17.00m (BBD1338) and 1.27g/t Au over 5.00m (BBC7180). These initial step-out results support the interpretation that P16 is a sub-parallel trend to the P17 Trend, which significantly expands the exploration model and potential within this area of the project.

    Future targeting of the P16 strike extension will be centered on backfill drilling, with the goal of delineating open pittable near-surface mineralization, as well as to further investigate the potential for higher-grade sub-zones, as is observed within the P16 resource area.

    P16 Trend: selected high-grade sub-zone intercepts (previously reported):

    • 10.63g/t Au over 14.0m (BBD0448)
    • 16.50g/t Au over 5.0m (BBD0448)
    • 9.03g/t Au over 12.0m (BBC3241)
    • 6.69g/t Au over 15.5m (BBD0443)
    • 5.91g/t Au over 15.0m (BBD0447)
    • 7.82g/t Au over 9.0m (BBD0213)
    • 58.91g/t Au over 3.0m (BBD0768)

    At Siga, initial testing of the southern strike extension yielded encouraging results, with mineralization intercepted approximately 550m to the south of the current mineral resource. This area of the project has not been previously explored with results of the initial scout drilling returning 5.93g/t Au over 0.85m and 6.35g/t Au over 1.00m (BBD1340). Follow-up drilling will comprise a series of wide spaced backfill fences to further delineate this broad southern extension.

    Additionally, significant potential remains to extend resources to the north of the existing open pit designs in the North Zone. Localized 50-100m step-outs along the broader North Zone strike extension have demonstrated promising continuity, with initial results of 2.22g/t Au over 14.00m and 6.79g/t Au over 8.00m (BBC7141) and 2.21g/t Au over 7.00m (BBC7201). Further drilling along this northern strike extension, which has seen limited testing to date, is planned for upcoming campaigns.

    Expanding Exploration Model

    In addition to testing the extent of known mineralization, the Company continues to challenge the broader exploration model at Bomboré. The previously established exploration framework was centered on gold mineralization being confined to the Bomboré Shear Zone, with limited prospects within the hanging wall and footwall of the broader system. However, more recent targeted drilling, and local surface excavations outside of the mining lease, provide evidence to the contrary. Initial testing within the immediate hanging wall to the Siga Zone has led to the discovery of the HK Zone (Figure 2), which is marked by intercepts of 11.33g/t Au over 11.00m (BBC6960), 10.28g/t Au over 5.00m (BBC7132), 1.35g/t Au over 9.00m (BBC6976), and 1.46g/t Au over 6.00m (BBC7120).

    With the prospects of identifying additional high-grade centers of mineralization outside of the Bomboré Shear Zone, the Company has recently commenced a near-mine and regional air core drill program, comprising a series of wide spaced drill fences within the mining lease and surrounding exploration tenements.

    Figure 2 – Bomboré Plan Map Highlighting Selected Intercepts

    Figure 3 – P17 Composite Long Section Highlighting Selected Intercepts (Looking West)

    Table 1 – Highlight Drill Intercepts

    Hole Zone Easting Northing Elv. Dip Azi. EOH
    (m)
    From
    (m)
    To
    (m)
    Length*
    (m)
    Grade
    (g/t Au)
    Type
    BBD0206 P17 730599 1344300 267 -50 270 155 125.00 128.00 3.00 1.79 HR
    BBD1069 P17 S 730270 1343125 261 -51 270 277 225.00 226.00 1.00 9.53 HR
    and               251.75 260.60 8.85 1.39 HR
    incl.               257.60 259.60 2.00 3.58 HR
    BBD1084 P17 S 730355 1343175 261 -52 270 437 314.00 317.95 3.95 2.36 HR
    BBD1104 P17 S 730365 1343250 261 -52 269 401 355.00 358.00 3.00 2.09 HR
    incl.               357.00 358.00 1.00 5.17 HR
    BBD1124 P17 S 730425 1343375 261 -49 272 495 459.00 465.70 6.70 7.40 HR
    and               480.00 485.00 5.00 2.09 HR
    BBD1131 North Zone 730395 1343325 261 -51 270 452 395.00 398.00 3.00 1.66 HR
    and               416.00 419.00 3.00 1.01 HR
    and               425.00 428.30 3.30 1.82 HR
    BBD1329 North Zone 729034 1353901 283 -55 312 396 341.35 351.00 9.65 1.23 HR
    and               356.50 362.50 6.00 1.53 HR
    BBD1331 North Zone 728993 1353501 276 -52 312 330 42.00 43.00 1.00 8.06 OX
    BBD1334 P17 S 730483 1343350 261 -53 271 519 278.10 283.10 5.00 1.72 HR
    and               488.50 498.50 10.00 1.12 HR
    incl.               494.50 497.50 3.00 2.51 HR
    BBD1335 P17 S 730257 1343350 261 -50 270 396 47.00 48.00 1.00 15.61 HR
    BBD1338 P16 729508 1344364 259 -45 263 291 193.00 210.00 17.00 0.68 HR
    incl.               202.00 206.00 4.00 1.20 HR
    and               257.00 262.00 5.00 2.43 HR
    and               268.00 271.20 3.20 1.10 HR
    BBD1339 P16 729597 1344551 260 -50 270 336 334.00 336.00 2.00 2.95 HR
    BBD1340 P16 729000 1343900 260 -50 270 201 89.15 90.00 0.85 5.93 HR
    and               191.00 192.00 1.00 6.35 HR
    BBD1341 P17 S 730336 1342750 261 -50 270 156 123.75 127.90 4.15 6.61 HR
    incl.               125.90 127.90 2.00 20.14 HR
    BBD1343 P17 S 730392 1343125 261 -55 270 360 309.00 313.00 4.00 1.03 HR
    BBD1344 P17 S 730371 1343501 261 -50 270 528 323.00 337.10 14.10 1.45 HR
    incl.               323.00 332.70 9.70 1.87 HR
    and               428.00 431.00 3.00 1.79 HR
    BBD1345 P17 S 730340 1342800 261 -50 270 165 136.20 139.80 3.60 1.68 HR
    and               146.00 148.55 2.55 5.02 HR
    BBD1346 P17 S 730618 1344250 266 -50 270 225 137.25 141.00 3.75 1.17 HR
    and               178.00 193.70 15.70 1.84 HR
    incl.               186.70 190.70 4.00 5.22 HR
    BBD1348 P16 729566 1344413 259 -50 270 303 168.00 173.15 5.15 1.54 HR
    and               214.00 228.35 14.35 0.92 HR
    incl.               222.00 228.35 6.35 1.03 HR
    and               260.00 266.00 6.00 0.81 HR
    BBD1349 P16 729517 1344443 259 -50 270 312 241.00 250.00 9.00 0.71 HR
    and               255.00 270.00 15.00 0.57 HR
    BBC6946 HK 728515 1348358 277 -50 270 60 13.00 17.00 4.00 2.53 OX
    BBC6958 HK 728560 1348357 276 -50 270 75 70.00 75.00 5.00 1.19 OX
    BBC6960 HK 728536 1348408 274 -50 280 114 48.00 59.00 11.00 11.33 OX
    incl.               48.00 51.00 3.00 40.12 OX
    BBC6962 HK 728829 1348272 278 -50 250 129 56.00 62.00 6.00 0.68 OX
    BBC6963 HK 728844 1348280 277 -50 279 131 74.00 78.00 4.00 0.80 OX
    BBC6975 HK 728537 1348357 276 -50 270 96 84.00 93.00 9.00 0.65 HR
    BBC6976 HK 728564 1348402 275 -50 280 113 74.00 83.00 9.00 1.35 OX
    BBC7120 HK 728557 1348302 276 -50 270 100 69.00 75.00 6.00 1.46 HR
    BBC7122 HK 728563 1348386 275 -50 270 120 78.00 87.00 9.00 0.78 HR
    BBC7129 HK 728603 1348435 274 -50 270 120 110.00 117.00 7.00 0.79 HR
    BBC7132 HK 728524 1348333 278 -50 270 130 26.00 30.00 4.00 0.72 OX
    and               82.00 87.00 5.00 10.28 HR
    BBC7135 HK 728391 1348375 283 -50 270 60 32.00 36.00 4.00 1.31 OX
    BBC7136 HK 728493 1348224 286 -50 270 100 27.00 36.00 9.00 0.65 OX
    and               46.00 50.00 4.00 0.76 OX
    and               60.00 63.00 3.00 2.26 OX
    BBC7140 North Zone 729983 1354256 285 -50 312 126 8.00 11.00 3.00 0.67 OX
    and               16.00 25.00 9.00 0.53 OX
    incl.               21.00 24.00 3.00 1.09 OX
    BBC7141 North Zone 730390 1354301 278 -45 312 100 27.00 41.00 14.00 2.22 OX
    incl.               27.00 30.00 3.00 8.44 OX
    and               66.00 74.00 8.00 6.79 HR
    incl.               67.00 70.00 3.00 14.82 HR
    BBC7142 North Zone 730082 1354338 282 -50 312 152 109.00 114.00 5.00 1.51 HR
    BBC7147 P11 727951 1349499 291 -50 270 150 70.00 75.00 5.00 0.85 HR
    BBC7148 P11 727932 1349408 292 -50 270 120 32.00 49.00 17.00 1.53 OX
    incl.               39.00 41.00 2.00 7.62 OX
    and               77.00 83.00 6.00 3.15 HR
    incl.               77.00 80.00 3.00 5.32 HR
    BBC7149 P11 727950 1349449 291 -50 270 150 90.00 97.00 7.00 1.62 HR
    BBC7150 P11 727983 1349253 285 -50 270 125 87.00 93.00 6.00 0.92 HR
    BBC7152 P11 728107 1349249 281 -50 270 120 74.00 77.00 3.00 1.64 HR
    BBC7153 P11 728106 1349299 279 -50 270 118 49.00 53.00 4.00 1.01 OX
    BBC7154 P11 728013 1349400 282 -50 270 150 98.00 100.00 2.00 1.47 HR
    and               116.00 119.00 3.00 1.84 HR
    BBC7157 Siga W 727966 1347455 276 -50 250 140 11.00 16.00 5.00 0.77 OX
    and               90.00 101.00 11.00 0.96 HR
    BBC7158 Siga E 728340 1347910 283 -50 250 120 67.00 77.00 10.00 2.96 HR
    incl.               69.00 71.00 2.00 11.72 HR
    BBC7161 Siga E 728615 1347638 277 -50 250 120 62.00 63.00 1.00 5.99 HR
    BBC7162 Siga E 728669 1347497 274 -50 250 150 73.00 78.00 5.00 1.05 HR
    BBC7163 Siga E 728624 1347428 273 -50 250 80 18.00 26.00 8.00 1.00 OX
    and               30.00 33.00 3.00 1.35 OX
    BBC7164 Siga E 728681 1347449 271 -50 250 114 42.00 47.00 5.00 1.23 OX
    BBC7165 Siga E 728647 1347090 280 -50 250 126 96.00 99.00 3.00 5.26 HR
    incl.               96.00 97.00 1.00 14.67 HR
    BBC7166 Siga S 728213 1345896 266 -50 250 84 6.00 9.00 3.00 1.13 OX
    BBC7180 P16 729608 1345000 261 -50 270 72 47.00 49.00 2.00 6.52 HR
    and               54.00 59.00 5.00 1.27 HR
    BBC7185 P8P9 728636 1352003 267 -50 312 123 2.00 8.00 6.00 0.63 OX
    BBC7186 P8P9 728571 1351926 269 -50 312 138 2.00 9.00 7.00 0.86 OX
    and               64.00 71.00 7.00 0.82 OX
    incl.               64.00 68.00 4.00 1.12 OX
    BBC7187 P8P9 728527 1351968 268 -50 312 136 133.00 136.00 3.00 1.62 HR
    BBC7191 North Zone 729740 1354677 284 -49 310 69 5.00 15.00 10.00 1.12 OX
    incl.               9.00 14.00 5.00 1.74 OX
    and               30.00 35.00 5.00 0.59 OX
    BBC7193 North Zone 729758 1354661 282 -51 310 114 25.00 34.00 9.00 0.47 OX
    and               44.00 48.00 4.00 3.14 OX
    and               53.00 67.00 14.00 0.88 OX
    BBC7195 North Zone 729774 1354680 282 -51 310 113 47.00 49.00 2.00 2.58 OX
    BBC7200 North Zone 730379 1354345 286 -50 310 80 12.00 20.00 8.00 0.62 OX
    and               61.00 67.00 6.00 1.50 HR
    BBC7201 North Zone 730417 1354345 279 -49 310 83 0.00 7.00 7.00 2.21 OX
    and               12.00 20.00 8.00 0.62 OX
    and               61.00 67.00 6.00 1.50 HR

    * True widths for all zones are reported as a percentage of drilled lengths: North Zone 85%, P8/P9 70-85%, Siga 90%, P11 75-85%, P17S 70% and 90-100%, P17N 70% and HK 75-80%.

    About Orezone Gold Corporation

    Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring its 90%-owned 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.

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

    Qualified person

    Alastair Gallaugher (CGeol), Exploration Manager for Orezone, is the Qualified Person under NI 43-101 and has reviewed and approved the scientific and technical information contained in this news release.  

    QA/QC

    The mineralized intervals are based on a lower cut-off grade of 0.28g/t in the Oxide+Upper Transition zone, and 0.45g/t Au in the Lower Transition+Hard Rock zone. The half-core drilling samples were cut using a diamond saw by Orezone employees. The samples were prepared by BIGS Global Burkina s.a.r.l. (“BIGS Global”) and then split by Orezone to 1 kg using Rotary Sample Dividers (“RSDs”). A 1kg aliquot was analyzed for leachable gold at BIGS Global in Ouagadougou, by bottle-roll cyanidation using a LeachWellTM catalyst. The leach residues from all samples with a leach grade greater than or equal to 0.25g/t Au were prepared by BIGS Global and then split by Orezone to 50g using RSDs. A 50g aliquot was analyzed by fire assay at BIGS Global.

    Orezone employs a rigorous Quality Control Program including a minimum of 10% standards, blanks and duplicates. The composite width and grade include the final leach residue assay results for most of the drill intercepts reported.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains certain information that constitutes “forward-looking information” within the meaning of applicable Canadian Securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (together, “forward-looking statements”). Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “possible” and other similar words, or statements that certain events or conditions “may”, “will”, “could”, or “should” occur.

    Forward-looking statements in this press release include, but are not limited to statements with respect to the exploration program and the significant exploration upside at Bomboré including that the broader system remains open to depth, along strike and outside of the currently delineated mineralized trends; the potential to materially expand the project’s resource base from the current global 5 million gold ounces, to a targeted 7 to 10 million gold ounces longer term and the ongoing production expansion to 220,000 to 250,000 ounces per annum; evidence that the hanging wall and footwall of the broader 14km long reserve defined system are prospective for additional near-surface discoveries; the initial step-out results support the interpretation that P16 is a sub-parallel trend to the P17 Trend, which significantly expands the exploration model and potential within this region of the project; and significant potential remains to extend resources to the north of the existing open pit designs in the North Zone.

    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, terrorist or other violent 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 project cost overruns or unanticipated costs and expenses, accidents and equipment breakdowns, political risk, unanticipated changes in key management personnel, the spread of diseases, epidemics and pandemics diseases, 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’s discussion and analysis filed on SEDAR+ on www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking statements.

    Forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to the Company’s ability to carry on current and future operations, including: development and exploration activities; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs, including gold; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.

    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.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a40af525-f516-45bc-adcf-ddfd80dde15d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8fcc476e-2850-49f1-9a32-804e43b198f7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6c5ae8c5-c5e8-4cc3-8122-a66a865e8edf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/399dba20-2f38-4610-844d-a799ab111e1a

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Bitget Anti-Scam Report Shows AI-Related Scams Drive $4.6B in Crypto Losses in 2024

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 10, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its 2025 Anti-Scam Research Report in partnership with blockchain security firms SlowMist and Elliptic. The report reveals that global crypto scam losses surged to $4.6 billion in 2024, with deepfake technology and social engineering emerging as the dominant tactics behind high-value thefts. The publication marks the official launch of Bitget’s Anti-Scam Month, a month-long initiative dedicated to security education and ecosystem-wide awareness.

    The report highlights how AI-powered scams have moved beyond phishing emails to include fake Zoom calls, synthetic videos of public figures, and Trojan-laced job offers. Among its key findings, the report identifies three primary scam categories—deepfake impersonation, social engineering schemes, and Ponzi-style projects cloaked in DeFi or NFT branding—as the leading causes of user loss. It also outlines how stolen funds are funneled through cross-chain bridges and obfuscation tools before reaching mixers or exchanges, complicating enforcement and recovery efforts.

    Additional insights include case studies from major scam incidents in Hong Kong, the rising use of Telegram and X (Twitter) comment sections as phishing entry points, and the continued growth of professionally run fraud rings operating across borders.

    “The biggest threat to crypto today isn’t volatility—it’s deception. That’s why Bitget has designated the entire month of June as Anti-Scam Month—an initiative to elevate industry standards and user awareness. This report is the flagship release within that effort. AI has made scams faster, cheaper, and harder to detect. At Bitget, we believe fighting back requires both technological rigor and ecosystem-wide collaboration. Our goal is to help users trade smarter, not just faster,” said Gracy Chen, CEO at Bitget.

    The report also details how Bitget’s Anti-Scam Hub, innovative detection systems, and a $500M+ Protection Fund are being actively deployed to mitigate user risks. SlowMist provided detailed forensic insights into scam tactics, ranging from address poisoning to job offer Trojans, while Elliptic examined the laundering patterns of stolen cryptocurrency through cross-chain bridges and mixer platforms.

    “Criminals are constantly evolving their methods of attack, using AI and finding new ways to scale their activities. This means that reciprocally, we are also working to scale our technology and blockchain capabilities to track and identify the new methods criminals are using. Our work with Bitget reflects a shared urgency to expose these evolving threats and give users the tools to protect themselves,” said Arda Akartuna, Lead Crypto Threat Researcher, Elliptic, APAC.

    “This report reflects the real-world patterns we’re seeing on-chain every day. From phishing rings to fake staking dApps, the tactics may change—but the psychology is always the same. Users must be informed, skeptical, and security-minded at all times,” said Lisa, Security Operations Lead, SlowMist.

    The report closes with actionable recommendations for both users and institutions, including scam red flag indicators and best practices for avoiding common traps in DeFi, NFT, and Web3 environments.

    For the full report, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0c73d1c7-7419-4f43-a2ae-2e9c450fb8bd

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Amalgamated Bank Advances Climate Leadership with C-PACE Financing for 205kW Solar Energy and Roofing Project in New Bedford

    Source: GlobeNewswire (MIL-OSI)

    NEW BEDFORD, Mass., June 10, 2025 (GLOBE NEWSWIRE) — Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the successful closing of a Commercial Property Assessed Clean Energy (“C-PACE”) financing under the PACE Massachusetts Program using Allectrify’s FASTPACE Platform.

    The C-PACE financing will fund a 205kW (kilowatts) DC (Direct current) solar PV (PhotoVoltaic) installation and associated roofing upgrades at an industrial building located in the Port of New Bedford. The property is owned and operated by Marder Seafood; a trusted leader in premium, sustainably sourced seafood in the area for more than 50 years.

    Amalgamated Bank, which opened its downtown Boston Commercial Banking office in 2020, invests nearly 40% of its total lending portfolio in climate protection solutions. This financing further reflects the Bank’s climate leadership and focus on decarbonization and renewable energy.

    The C-PACE closing showcases how clean energy and C-PACE financing can support key regional industries, drive investments in New England commercial building stock, and lower energy costs for industrial end-users. The project will drive over $1.9 million in lifetime energy cost savings at the property.

    C-PACE financing supports long-term, competitive financing for commercial property improvements for energy efficiency, renewable energy, resiliency, and water conservation. The project represents the fourth financing closed to date under the Massachusetts C-PACE Program since its launch in 2020. Amalgamated Bank is a leader in deploying C-PACE capital, and its partnership with Allectrify enables efficient closing for projects of all sizes.

    “With more than $1.2 billion in PACE assets in our investment portfolio, we are proud to lead the industry in providing solutions that empower borrowers to implement proven energy-savings strategies in commercial properties,” said Mark Walsh, New England Regional Manager & Senior Vice President at Amalgamated Bank. “Through our ongoing partnership with Allectrify, we look forward to executing even more C-PACE deals that drive sustainable progress in Boston and beyond.”

    This $1.3 million C-PACE financing represents an innovative approach to green capital deployment. C-PACE makes capital available to a broader set of property owners who seek to make energy efficiency and other building energy improvements.

    “This transaction is a prime example of Amalgamated Bank’s commitment to putting climate solutions into practice, in this case supporting a commercial solar project at an industrial property serving a classic New England industry,” said Colin Bishopp, Chief Executive Officer of Allectrify. “We are pleased to see this project closed on Allectrify’s FASTPACE platform which enables efficient C-PACE execution in programs across the country.”

    About Amalgamated Bank:

    Amalgamated Bank, the wholly owned banking subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), is a mission-driven full-service commercial bank and a chartered trust company with a combined network branches in New York City, Washington D.C., San Francisco, and Boston. Amalgamated Bank provides commercial and retail banking products, investment management and trust and custody services, and lending services. Since their founding in 1923, Amalgamated Bank is diligent in fulfilling their mission to be America’s socially responsible bank, empowering organizations and individuals to advance positive change. The businesses that Amalgamated Bank focuses on are generally mission aligned with our core values, including sustainable companies, clean energy, nonprofits, and B Corporations. www.amalgamatedbank.com.

    About Allectrify, PBC:

    C-PACE made simple for lenders and borrowers. Allectrify’s FASTPACE platform enables banks, credit unions, CDFIs and non-bank lenders to offer C-PACE financing quickly and easily, at no cost to the lender and with reduced transaction costs for borrowers. Through Allectrify’s network of FASTPACE lenders, borrowers can access C-PACE financing for projects of all sizes. https://allectrify.com/.

    Media Contacts

    Ayele Ajavon
    Head of Communications
    Amalgamated Bank
    929-979-5811
    media@amalgamatedbank.com

    Lainie Rowland
    Allectrify
    973-908-9304
    lainie@allectrify.com

    The MIL Network –

    June 10, 2025
  • MIL-OSI: Blue Square X and Aurora Multimedia Redefine the Conference Room and Classroom with Vision X and ReAX Room

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla., June 10, 2025 (GLOBE NEWSWIRE) — Blue Square X is partnering with Aurora Multimedia to deliver a groundbreaking meeting room experience at InfoComm 2025. Featured in Booth 2342, the collaboration brings together Blue Square X’s Vision X 163″ COB Flip Chip LED wall with Aurora’s ReAX Room platform—fusing immersive visuals with intelligent control in one seamless, high-performance environment.

    Vision X sets a new standard in LED display technology, offering ultra-fine pixel spacings from 0.9mm to 1.5mm and delivering ultra-high contrast, wide viewing angles, and vibrant, lifelike color. The COB Flip Chip architecture enhances both performance and reliability, eliminating traditional wire bonding for better heat dissipation, reduced failure rates, and consistent output over time.

    “We built Vision X to redefine how content lives in a space,” said Yitzy Shapiro, COO of Blue Square X. “It’s not just beautiful—it’s smart, scalable, and designed to integrate effortlessly into environments where performance and aesthetics both matter.”

    Designed for versatility, Vision X comes in preconfigured sizes up to 271” and scales to ultra-wide formats over 400”, ideal for executive boardrooms, immersive classrooms, and multipurpose collaboration spaces. Each system ships as a complete, ready-to-install package—including the LED wall, controller, spare kit, mounting solution, and trim—so teams can deploy faster and focus on impact.

    “Displays should elevate—not interrupt—the space around them,” added Paul Harris, CEO of Aurora Multimedia. “That’s why Vision X is such a powerful pairing for ReAX. It amplifies the intelligence in the room while keeping the attention where it belongs: on the content.”

    “At Blue Square X, we believe immersive environments should do more than impress—they should empower,” said Chanan Averbuch, Director of Innovation. “Vision X is designed to remove friction, enhance clarity, and create a space where ideas flow effortlessly. It’s not just about brighter screens—it’s about smarter, more human-centered experiences.”

    On the control side, Aurora’s ReAX Room reimagines in-room interaction with distributed 4” touch panels at every seat, each featuring a beamforming Dante/AES67 microphone, integrated speaker, and personalized interface. This setup creates a speaker array at the table and full microphone coverage—enabling mix-minus voice lifting via Aurora’s DTX Series DSP. It improves both clarity and security by lowering room volume and minimizing audio leakage.

    More key features of the ReAX Room include:

    • Personalized seat name display
    • 3.5mm and Bluetooth LE for assistive listening and translation
    • “Raise hand” functionality and speaker queue
    • Voting and results storage
    • Room control from any seat
    • NFC + Bluetooth device transfer for BYOD control
    • USB-C and HDMI AVoIP inputs with 100W charging
    • Secondary display outputs
    • Fully customizable UI via Aurora’s Core Studio AI tool
    • Wall-mounted booking panels with visual status ring
    • Expandable AVoIP via VPX Series transceivers
    • Zoom™/Teams™ integration via VPX-UC1-ULTRA
    • PoE+ audio enhancement with BX-25D
    • Compact PoE++ PC options with RXS-2
    • Enterprise room management through TRACS software

    “We’ve rethought the meeting experience from the inside out,” said Harris. “ReAX brings together audio, video, and control with the kind of granularity and flexibility teams actually need—and when paired with Vision X, it delivers an experience that’s as intuitive as it is impressive.”

    Live demos will run every hour in Booth 2342, showcasing real-time control handoff, smart seating, synchronized content display, and dynamic presentation capabilities powered by Vision X and ReAX.

    Whether you’re designing a future-ready classroom, hybrid huddle room, or high-stakes boardroom, Vision X + ReAX Room offers a premium solution where smart control meets immersive design.

    Experience the full environment live at InfoComm Booth 2342

    About Blue Square X
    Blue Square X is a digital experience innovation company that transforms imagination into reality by fusing powerful storytelling, art, cutting-edge technology, and architecture. With operations in New York and Miami, they specialize in crafting captivating and immersive visual experiences across a wide range of industries. Blue Square X’s focus on cutting-edge technology and innovation drives business growth and enhances customer experiences.
    Stay up to date with Blue Square X on LinkedIn, Instagram, Facebook, X, and YouTube

    Media Contacts:
    Shari Sentlowitz
    Director of Communications and Marketing
    Blue Square X
    201-951-2734
    Shari@bluesqx.com

    The MIL Network –

    June 10, 2025
  • MIL-OSI United Kingdom: Ratcliffe writes to Parades Commission and PSNI in aftermath of anti-Israel parade

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV party chairman Cusher councillor Keith Ratcliffe:

    “What happened in Scarva on Saturday should never have been allowed to happen.

    “I formally objected to this parade in advance warning both the PSNI and the Parades Commission that it was deeply inappropriate to route a politically-charged march through a quiet Unionist village with strong support for Israel. Those warnings were ignored. The result was entirely predictable: provocation, disorder, and division.

    “We were told the parade would stick to the towpath. Instead, participants made their way onto Scarva Main Street. Residents were confronted with chanting that included pro-IRA slogans and the antisemitic cry of “From the river to the sea” — a slogan rightly recognised as a call for the destruction of the state of Israel.

    “This was not a peaceful demonstration. It was a deliberate and coordinated display designed to provoke. The failure of the PSNI to properly monitor or restrict this parade, and the Parades Commission’s refusal to impose even the most basic conditions, raises serious questions.

    “I have written to both bodies demanding answers:

    • Why was this event deemed non-contentious?

    • Why was no action taken when marchers deviated from the route?

    • Why were chants glorifying terrorism and calling for the destruction of a nation tolerated on our streets?

    “Residents were placed in an entirely avoidable situation — one that could and should have been prevented. There must now be a serious review of how this parade was approved, routed, and policed.

    “I will not remain silent when Unionist communities are disrespected and when public order is sacrificed for political convenience. Those responsible for these decisions must be held to account.”

    MIL OSI United Kingdom –

    June 10, 2025
  • MIL-OSI Economics: W&T Announces Appointment of Presiding Director for 2025

    Source: W & T Offshore Inc

    Headline: W&T Announces Appointment of Presiding Director for 2025

    HOUSTON, June 10, 2025 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors (the “Board”) appointed Mr. John D. Buchanan as Presiding Director for 2025. He has served in that role since the 2024 Annual General Meeting and will continue as Presiding Director this year. Mr. Buchanan joined the Board in April 2024 and has more than 30 years of experience as a seasoned oil and gas, commercial and banking attorney, in addition to his prior service as a military officer.

    Tracy W. Krohn, W&T’s Chairman and Chief Executive Officer stated, “We are very pleased that our Board has named John as our continuing Presiding Director. That position serves a valuable leadership role on our Board and John’s extensive legal experience in the energy industry and banking industry has served him well in that Board capacity. John has been a valuable advisor to and served several Boards for large public companies prior to joining our Board.”

    About Mr. Buchanan

    Mr. Buchanan has served in top legal roles as Chief Legal Officer/General Counsel/Corporate Secretary at several S&P 500 companies. Mr. Buchanan most recently served at ExxonMobil Corporation (“Exxon”) as an Assistant General Counsel where he also served as the Secretary to the Exxon Audit Committee and the Exxon Finance Committee. Mr. Buchanan also previously served in the top legal role with the Federal Reserve Bank of Dallas, where he was the Senior Vice President, General Counsel and Corporate Secretary Mr. Buchanan has held a number of other Chief Legal Officer positions over the course of his career at various S&P 500 financial institutions. Mr. Buchanan has served on numerous committees and boards of directors during his career, including the board of directors for Mercedes Benz US International Inc., with service as the Chair of the Audit Committee. Prior to his legal career Mr. Buchanan was a U.S. Army officer, helicopter pilot and paratrooper, serving with distinction.

    Mr. Buchanan holds a Master’s of Laws in Taxation from New York University School of Law and a Juris Doctorate degree from the Vanderbilt University School of Law. He also earned a Bachelor’s degree in Economics from Washington & Lee University.

    About W&T Offshore

    W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of America and has grown through acquisitions, exploration and development. As of March 31, 2025, the Company had working interests in 52 fields in federal and state waters (which include 45 fields in federal waters and seven in state waters). The Company has under lease approximately 634,700 gross acres (496,900 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 487,200 gross acres on the conventional shelf, approximately 141,900 gross acres in the deepwater and 5,600 gross acres in Alabama state waters. A majority of the Company’s daily production is derived from wells it operates. For more information on W&T, please visit the Company’s website at www.wtoffshore.com.

         
    CONTACT: Al Petrie Sameer Parasnis
      Investor Relations Coordinator Executive VP and CFO
      investorrelations@wtoffshore.com sparasnis@wtoffshore.com
      713-297-8024 713-513-8654

    Source: W&T Offshore, Inc.

    Released June 10, 2025

    MIL OSI Economics –

    June 10, 2025
  • MIL-Evening Report: Amnesty slams Israel for flouting international law with ‘chilling contempt’ over Madleen

    Asia Pacific Report

    Amnesty International secretary-general Agnès Callamard has condemned Israel’s interception and detention of the 12 crew members aboard the Gaza Freedom Flotilla’s humanitarian aid yacht Madleen.

    The crew detained include Swedish activist Greta Thunberg, who has been designated by Amnesty International as an “Ambassador of Conscience”, reports Amnesty International in a statement.

    She has since been reported to have been deported back to her country via France.

    Madleen’s crew were trying to break Israel’s illegal blockade on the occupied Gaza Strip and take in desperately needed humanitarian supplies.

    They were illegally detained by Israeli forces in international waters while en route.

    In response, Secretary General Agnès Callamard said:

    “By forcibly intercepting and blocking the Madleen which was carrying humanitarian aid and a crew of solidarity activists, Israel has once again flouted its legal obligations towards civilians in the occupied Gaza Strip and demonstrated its chilling contempt for legally binding orders of the International Court of Justice,” secretary-general Callamard said.

    Operation ‘violates international law’
    “The operation carried out in the middle of the night and in international waters violates international law and put the safety of those on the boat at risk.

    “The crew were unarmed activists and human rights defenders on a humanitarian mission, they must be released immediately and unconditionally.

    “They must also be protected from torture and other ill-treatment pending their release.

    Callamard said that during its voyage over the past few days the Madleen’s mission emerged as a powerful symbol of solidarity with besieged, starved and suffering Palestinians amid persistent international inaction.

    “However, this very mission is also an indictment of the international community’s failure to put an end to Israel’s inhumane blockade.

    “Activists would not have needed to risk their lives had Israel’s allies translated their rhetoric into forceful action to allow aid into Gaza.”

    Global calls for safe passage
    Israel’s interception of the Madleen despite global calls for it to be granted safe passage underscored the longstanding impunity Israel enjoyed which has emboldened it to continue to commit genocide in Gaza and to maintain a suffocating, illegal blockade on Gaza for 18 years, Callamard said.

    “Until we see real concrete steps by states worldwide signalling an end to their blanket support for Israel, it will have carte blanche to continue inflicting relentless death and suffering on Palestinians.”

    Amnesty International in New Zealand also called on Foreign Minister Winston Peters to stand up and call out the enforced starvation and genocide that Israel was imposing on Palestinians.

    #Madleen, launched by the Freedom Flotilla Coalition (FFC), was seeking to bring humanitarian aid in an attempt to breach Israel’s illegal blockade of the occupied Gaza Strip. It was carrying unarmed civilians on a humanitarian mission.

    Israel interception of Madleen violates… pic.twitter.com/h5QvMeYVqk

    — Agnes Callamard (@AgnesCallamard) June 9, 2025

    MIL OSI Analysis – EveningReport.nz –

    June 10, 2025
  • MIL-Evening Report: Te Pāti Māori condemns Israel for Gaza ‘horrific violence’ over Madleen arrest

    Asia Pacific Report

    Aotearoa New Zealand’s Te Pāti Māori has condemned the Israeli navy’s armed interception of the Madleen, a civilian aid vessel attempting to carry food, medical supplies, and international activists to Gaza, including Sweden’s climate activist Greta Thunberg.

    In a statement after the Madleen’s communications were cut, the indigenous political party said it was not known if the crew were safe and unharmed.

    However, Israel has begun deportations of the activists and has confiscated the yacht and its aid supplies for Gaza.

    “This is the latest act in a horrific string of violence against civilians trying to access meagre aid,” said Te Pāti Māori co-leader Debbie Ngarewa-Packer.

    “Since May 27, more than 130 civilians have murdered been while lining up for food at aid sites.

    “This is not an arrest [of the Madleen crew], it as an abduction. We have grave concerns for the safety of the crew.

    “Israel [has] proven time again they aren’t above committing violence against civilians.

    “Blocking baby formula and prosthetics while a people are deliberately starved is not border patrol, it is genocide.”

    Te Pāti Māori said it called on the New Zealand government to:

    • Demand safe release of all crew;
    • Demand safe passage of Aid to Gaza;
    • Name this blockade and starvation campaign for what it is — genocide; and
    • Sanction Israel for their crimes against humanity

    MIL OSI Analysis – EveningReport.nz –

    June 10, 2025
  • MIL-OSI Africa: Secretary-General’s message to the Global Young Academy General Meeting and International Conference of Young Scientists

    Source: United Nations – English

    extend my warm greetings to the Global Young Academy and the International Conference of Young Scientists.

    As an institutional partner of our Scientific Advisory Board, the Global Young Academy plays a vital role in ensuring that science – and scientists – are an essential part of global decision-making.

    Your gathering in Hyderabad is another example of the power of science to unite across borders, disciplines, and generations.  At a time when our world faces profound challenges – from the climate crisis, to raging conflict, to rising inequalities, to runaway technology without guardrails – your voices, research, and leadership are more vital than ever.

    As early-career researchers, you are not only the future of science – you are its present. Your work is essential to advancing the Sustainable Development Goals and building a more peaceful, just, and sustainable world.

    We are inspired by your innovative research and encouraged by your efforts towards a future of open and accessible science.

    I look forward to further collaboration with the Global Young Academy and wish you the best of success for your Conference.

    ***
     

    MIL OSI Africa –

    June 10, 2025
  • NaMo App launches ‘Jan Man Survey’ to mark 11 years of PM Modi’s leadership

    Source: Government of India

    Source: Government of India (4)

    The Narendra Modi App (NaMo App) has launched the ‘Jan Man Survey’ to commemorate Prime Minister Narendra Modi’s 11 years in office.

    The survey has garnered significant traction, receiving over 500,000 responses from citizens across India within 26 hours of its launch.

    Announced by PM Modi via X, the Jan Man Survey allows individuals to directly share feedback and opinions with the government.

    Hosted on the NaMo App, the survey covers various topics, including national security, governance, cultural pride, and youth development.

    A significant 77% of respondents have completed the full survey, indicating high engagement and interest in contributing to the national dialogue.

    State-wise, Uttar Pradesh leads with 1,41,150 responses, followed by Maharashtra (65,775 responses), Tamil Nadu (62,580 responses), Gujarat (43,590 responses), and Haryana (29,985 responses).

    Earlier on Monday, PM Modi urged citizens to participate in the survey. In a post on X, PM Modi shared a link to the portal and said, “Your views matter the most! Take part in this survey on the NaMo App and let us know how you view India’s growth journey over the last 11 years. #11YearsOfSeva.”

    (with ANI inputs)

    June 10, 2025
  • MIL-OSI Russia: Hainan issues typhoon warning level 4

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    HAIKOU, June 10 (Xinhua) — South China’s Hainan Province issued a level 4 typhoon alert at 11:30 a.m. Tuesday as a tropical depression formed over the central South China Sea and is expected to strengthen into the first typhoon of the year within the next 24 hours.

    It is expected to gradually approach the east coast of Hainan and is likely to make landfall in the region around Friday, the local weather service said.

    The marine affairs bureau of Sansha City, China’s southernmost city, also issued a weather warning for parts of the Xisha Islands.

    Since Monday, large vessels such as cargo ships and engineering vessels have been evacuated from the Xisha Islands. Smaller vessels have been pulled ashore and professional rescue vessels are on standby.

    China has adopted a four-tier emergency response system for flood emergencies, with Level 1 being the highest. -0-

    MIL OSI Russia News –

    June 10, 2025
  • MIL-OSI Russia: Breaking: At least five killed in attack on school in Graz, Austria

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    VIENNA, June 10 (Xinhua) — At least five people were killed and several others were seriously injured in an attack on a school in Graz, Austria’s second-largest city, media reported on Tuesday morning.

    The victims included students and teachers, reports said, citing local police. The gunman, believed to be a student, committed suicide, the reports said. –0–

    MIL OSI Russia News –

    June 10, 2025
  • MIL-OSI Russia: China extends anti-dumping probe into EU pork

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 10 (Xinhua) — China’s Ministry of Commerce said Tuesday it will extend an anti-dumping investigation into some types of pork and pork by-products imported from the European Union (EU).

    Given the complexity of the case and in accordance with relevant regulations, the ministry decided to extend the investigation until December 16, 2025, according to a statement on the ministry’s official website.

    The Chinese Ministry of Commerce launched an investigation on June 17 last year. -0-

    MIL OSI Russia News –

    June 10, 2025
  • MIL-OSI Russia: Orenburgneft implements geomechanical modeling in well construction

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Orenburgneft employees together with specialists from the Rosneft scientific institute in Samara developed and implemented a three-dimensional geomechanical model of the Biktovskoye field in the Orenburg region. The effect of implementing the innovation is 5 million rubles for one well, the well construction period was reduced by an average of two days.

    The unique model includes geological and seismic information, as well as drilling parameters. When creating the model, specialists took into account data obtained from existing wells, as well as mathematical calculations. The innovation will allow assessing risks, predicting possible geological complications and building an optimal trajectory during drilling. The project of a three-dimensional geomechanical model has been tested in conditions of complex geological sections of wells and is ready for replication at Rosneft enterprises. The experience gained will allow optimizing the time for developing field models in different regions of the country.

    During further development of the Biktovskoye field, a geomechanical model will be created that will allow us to predict changes in the behavior of rocks over time and will help maintain the level of oil production.

    The development of science-intensive software is an important part of the Rosneft-2030 strategy. The company prioritizes innovation, defining technological leadership as a key factor in competitiveness in the oil market.

    Reference:

    JSC Orenburgneft, a subsidiary of NK Rosneft, conducts geological exploration work on 28 licensed areas located in the Orenburg and Samara regions. Cumulative production is more than 470 million tons of oil.

    Department of Information and Advertising of PJSC NK Rosneft June 10, 2025

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

    MIL OSI Russia News –

    June 10, 2025
  • MIL-OSI Asia-Pac: App labelled national security risk

    Source: Hong Kong Information Services

    The Police Force’s National Security Department (NSD) said today that the public should not download a mobile app named “Reversed Front: Bonfire” or provide funding to its developer as the app promotes acts and activities endangering national security.

    It added that those who have downloaded the app should uninstall it immediately.

    In a press statement, the NSD said “Reversed Front: Bonfire” was released under the guise of a game promoting secessionist agendas such as “Taiwan independence” and “Hong Kong independence”, and which advocates armed revolution and the overthrow of the fundamental system of the People’s Republic of China.

    It is also designed to provoke hatred towards the central authorities and the Hong Kong Special Administrative Region Government, the NSD added.

    The department stressed that persons or organisations who knowingly publish the app or content relating to it, which includes sharing or recommending the app to others online, may commit offences of “incitement to secession” and “incitement to subversion” under the Hong Kong National Security Law, or “offences in connection with seditious intention” under the Safeguarding National Security Ordinance.

    Moreover, those who have downloaded the app may be regarded as being in possession of a publication that has a seditious intention.

    Under the Safeguarding National Security Ordinance, a person who, without reasonable excuse, possesses a publication that has a seditious intention, commits an offence.

    A person who provides pecuniary assistance, or property, to the developer, which includes making payment through in-app purchases, with an intent to fund the commission of secession or subversion, also commits an offence.

    With approval from the Secretary for Security, the NSD has implemented a disabling action on electronic messages relating to “Reversed Front: Bonfire” in accordance with the Implementation Rules for Article 43 of the Hong Kong National Security Law.

    The NSD emphasised that acts or activities endangering national security are extremely serious offences. It added that the force will ensure that the law is observed and strictly enforced, and will take resolute actions to bring offenders to account.

    MIL OSI Asia Pacific News –

    June 10, 2025
  • MIL-OSI United Kingdom: Statement on announcement of District Heat Network Funding 

    Source: City of Oxford

    Statement on announcement of 1Energy’s district heat network funding: 

    “I am delighted that 1energy has been successfully awarded £21m from Green Heat Network Fund. This funding will enable us to explore the potential to develop Oxford’s first District Heat Network (DNC). 

    “This exciting project will explore the merits and opportunities to develop a heat network across Oxford, helping reduce carbon emissions from buildings. With buildings responsible for 60% of Oxford’s carbon emissions, a heat network like this has been identified as one of the key pathways to achieve a net zero carbon city by 2040.” 

    “As well as reducing city-wide emissions, we hope this funding will help to support other organisations and businesses in their efforts to save energy and access affordable heating through establishing low carbon infrastructure. 

    “This is a brilliant opportunity for Oxford, and together with our partners Oxfordshire County Council, Oxford University, and Oxford Brookes University we are looking forward to working with 1Energy on this project.”

    Councillor Anna Railton, Deputy Leader and Cabinet Member for Zero Carbon Oxford, Oxford City Council  

    “This is an exciting first step in establishing a heat network for Oxford. We look forward to working with our partners across the city to explore options for heat decarbonisation. The potential benefits of a wider heat network are huge, both for the University – the project could help us achieve our ambitious target of reaching net zero by 2035 – and for the community as a whole, supporting Oxford’s transition to a resilient, low-carbon energy system.” 

    Trevor Payne, Director of Estates, University of Oxford

    “Heat networks are one of the most efficient ways of providing reliable, clean, competitively priced heat to very large areas, especially for old buildings which are difficult to retrofit with heat pumps. As well as supplying reliable decarbonised heat, heat networks deliver positive impacts for air quality.” 

    Councillor Judy Roberts, Cabinet Member for Place, Environment and Climate Action, Oxfordshire County Council

    “We are engaging with 1Energy who are bringing forward this proposal particularly in our role of seeking to manage the impact of the proposed development on the highway network, and our interest in maximising community value of the scheme.” 

    Councillor Andrew Gant, Cabinet Member for Transport Management, Oxfordshire County Council

    “Oxford Brookes University looks forward to working collaboratively with 1Energy and our city wide partners to explore the case for participation in an Oxford heat network. This supports our aims as a member of the Zero Carbon Oxford Partnership in Oxford becoming a Net Zero City by 2040 and also supports the university in reaching its Net Zero carbon goals potentially faster and at lower cost than possible to do alone.” 

    Jerry Woods, Director of Estates & Campus Services, Oxford Brookes University

    MIL OSI United Kingdom –

    June 10, 2025
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