NewzIntel.com

Category: Technology

  • MIL-OSI USA: Remarks of Commissioner Kristin N. Johnson at George Washington University

    Source: US Commodity Futures Trading Commission

    Thank you to the George Washington University Regulatory Studies Center, Roger Nober, Susan Dudley, and the organizers of today’s event for allowing me to join virtually. As many of you are aware, I have spent the last several years engaging regulators and market participants from jurisdictions around the world on issues at the core of today’s discussion.[1]
    How might advances in artificial intelligence (AI) increase inclusion and customer experiences and democratize access to financial services, improve the accuracy and efficiency of financial services, and potentially reduce transaction costs as well as the costs of compliance? 
    These issues, among several other potential benefits and risks associated with the adoption of innovative technologies, are top of mind for me and many other senior regulators, chief executive officers, chief technology officers, chief information security officers, chief compliance officers, and chief risk managers around the world.
    According to an International Monetary Fund paper exploring the benefits and risks of AI in finance, AI and machine learning (ML) technologies alongside other
    [r]ecent technological advances in computing and data storage power, big data, and the digital economy are facilitating rapid AI/ML deployment in a wide range of sectors, including finance. The COVID-19 crisis has accelerated the adoption of these systems due to the increased use of digital channels.
    AI/ML systems are changing the financial sector landscape. Competitive pressures are fueling rapid adoption of AI/ML in the financial sector by facilitating gains in efficiency and cost savings, reshaping client interfaces, enhancing forecasting accuracy, and improving risk management and compliance. AI/ML systems also offer the potential to strengthen prudential oversight and to equip [regulators]  with new tools. . . .[2]
    Indisputably, AI is rapidly transforming the financial sector, particularly in the areas of compliance, market surveillance, and regulatory enforcement. What once seemed the creative imaginings of science fiction or fantasy novels and films—forward-looking notions of a futuristic world—has now become a practical and increasingly essential tool across the financial market ecosystem. Market participants and regulators alike are leveraging AI and ML to improve risk management, detect misconduct, and strengthen the integrity of the markets.
    Let’s explore the use of AI in compliance, bad actors’ potential misuse of AI, opportunities for supervisory technology (suptech) in enforcement, and a path forward.
    AI and Industry Compliance
    Financial institutions have been at the forefront of AI adoption, especially in compliance functions. AI is widely used in anti-money laundering (AML) efforts, where algorithms analyze transaction patterns across millions of credit card statements, bank statements, and account details to detect anomalies that may go unnoticed by traditional systems. ML models have dramatically reduced false positives in AML alerts[3]; this has long been a challenge for compliance teams who may now rely on AI to learn by reviewing training data and distinguish between benign and suspicious activity more precisely and more efficiently.
    AI also supports compliance with complex cross-border financial regulations. Financial services firms deploy ML to monitor transactions for potential sanctions violations, helping ensure that transactions align with regulatory requirements based on origin, amount, frequency, and other risk factors.[4]
    Some firms have also embraced AI in communications surveillance, using platforms that offer digital communications governance to review internal communications for signs of fraud or misconduct. By automating these reviews, firms are better equipped to identify red flags early and maintain robust compliance programs.
    A recent Government Accountability Office (GAO) report released in May of 2025—Artificial Intelligence: Use and Oversight in Financial Services—identifies six increasingly common activities for which financial services firms may choose to integrate AI models, including automated trading, countering threats and illicit finance, credit decisions, customer service, investment decisions, and risk management.[5]
    The GAO report indicated that AI may be used to “detect and mitigate cyber threats through real-time investigation of potential attacks, flagging and blocking of new ransomware, and identification of compromised accounts and files” as well as to “identify fake IDs, recognize different photos of the same person, and screen clients against sanctions and other lists; analyze transaction data … and unstructured data (such as email, text, and audio data) to detect evidence of possible money laundering, terrorist financing, bribery, tax evasion, insider trading, market manipulation, and other fraudulent or illegal activities.”[6]
    For many of these use cases, financial services firms rely on generative AI. However, for use cases that require a high degree of reliability or explainability—the ability to understand how and why an AI system produces decisions, predictions, or recommendations—firms are rightly reticent to employ generative AI models.
    Regulators Use of AI for SupTech 
    The benefits of AI are not limited to the private sector. U.S. regulatory agencies—including the Commodity Futures Trading Commission (CFTC), the Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), the Securities and Exchange Commission (SEC), and the National Credit Union Administration (NCUA)—have begun integrating AI tools into their supervisory functions.
    These agencies use AI to analyze vast quantities of financial data, identify outliers, and detect emerging risks.[7] For example, AI can flag inconsistencies in data submissions from financial institutions, or surface patterns that indicate potential regulatory violations. This use of AI, often referred to as “suptech” (supervisory technology), enhances regulators’ ability to carry out their oversight responsibilities efficiently and proactively.
    Over the course of last year, the CFTC undertook extraordinary efforts to begin to clarify the Commission’s understanding of registrants’ use of AI and the potential benefits and limitations of the Commission’s implementation of AI for supervisory, surveillance, and enforcement purposes. In January of 2024, I worked with Commission staff to issue a Request for Comment distributed to our market participants to better understand the real-time adoption of AI models.[8] Following the Request for Comment, in December of 2024, the Commission issued a staff advisory on Use of Artificial Intelligence in CFTC-Regulated Markets.[9] One of the most significant takeaways from the staff advisory, which was echoed in executive orders issued by the prior administration, underscore the obligation for CFTC-regulated entities to maintain compliance with applicable statutory and regulatory requirements whether they choose to deploy AI or any other technology.
    Addressing the Dark Side of AI
    While AI has the potential to enhance compliance and supervision, it also introduces new risks. Alongside the promise of AI, we must consider the limitations and potential perils of implementing AI quickly without appropriate guardrails. Many of you in the room today, former Commissioner Berkovitz and Professor Cary Coglianese, among others, have participated in joint studies published by the Administrative Conference of the United States (ACUS) or independently published or presented on these limits. 
    In previous speeches, I have outlined concerns regarding the implementation of AI models without effective guardrails and governance interventions. 
    In a speech earlier this summer, I began to explore the specific concerns that may emerge as firms and regulators integrate agentic AI.[10] The discussion today, in fact, may largely focus on the integration of agentic AI models in compliance, surveillance, and enforcement. If so, I am hopeful that, in parallel to efforts to explore the benefits, panelists examining “AI’s Role in Regulation Post-Chevron” and “Regulatory Functions Most Amenable to AI-Drive Process Improvement” will also examine important concerns such as the limits of synthetic data, ghosts or hallucinations, data leakage, increasingly undetectable video and voice deepfakes, data accuracy, data security, and data integrity, among others.
    Some bad actors are paving the road for regulators and enforcement actions using AI technology. . But, in many cases, the bad actions are simply traditional, garden variety fraud with an AI white-label. 
    “AI washing”—the practice of exaggerating or misrepresenting AI capabilities to attract investors or customers[11]—is among the most concerning marketing and solicitation issues that financial market regulators currently face. Firms may claim to use advanced AI models to generate high returns when, in reality, they rely on rudimentary trading bots or nonexistent systems.[12]
    Enforcement in Action
    The CFTC has actively pursued enforcement actions against fraudulent actors who misuse or misrepresent AI. In a landmark case, the Commission obtained a $1.7 billion penalty—its largest ever—against a South African company that defrauded investors through a fraudulent multilevel marketing scheme.[13] The company falsely claimed to use a proprietary AI trading bot to generate high returns on Bitcoin investments. In reality, there was no proprietary trading bot and the firm engaged in minimal trading activity, most of which was unprofitable, and misappropriated investor funds.
    This and other cases underscore the CFTC’s ability to tackle AI-related misconduct using existing legal tools. The Commodity Exchange Act (CEA) provides a robust and flexible framework that prohibits fraudulent and manipulative practices regardless of the underlying technology. For example, CEA Section 4c(a) outlaws disruptive practices such as spoofing,[14] while CEA Section 6(c)(1) and Regulation 180.1 give the Commission broad anti-fraud and anti-manipulation authority.[15] These provisions are intentionally technology-neutral, allowing the CFTC to remain agile as new innovations emerge.
    The Commission has demonstrated, through its prior enforcement actions, that markets and market participants engaged in activities that are regulated by the Commission are expected to comply with applicable statutory and regulatory requirements, even when such activities occur with cryptocurrencies or through the use of AI. The technology-neutral approach of the CEA and CFTC regulations allows these provisions to be used to combat fraud in any shape, manner, or form.
    The Strategic Importance of Suptech
    A recent survey by the Financial Stability Institute (FSI) and the Bank for International Settlements Innovation Hub found that only 3 out of 50 supervisory authorities surveyed did not have ongoing suptech initiatives.[16] Those with a comprehensive suptech strategy were significantly more likely to deploy tools critical to supervision.[17]
    This underscores the importance of not only embracing AI on a case-by-case basis, but also developing cohesive strategies for integrating AI into regulatory and supervisory workflows. By investing in data infrastructure, fostering inter-agency collaboration, and recruiting AI-savvy talent, regulators can better equip themselves to meet the demands of increasingly complex markets.
    Finding a Pathway Forward
    I am looking forward to exploring the following principles and their role in our principles-based regulatory framework that I outlined in a speech last year. [18] As I have previously explained, there are many things that the Commission can do immediately to enhance our understanding of AI and help guide the development of effective guardrails that foster responsible development of AI.[19]
    Heightened Penalties
    As a CFTC Commissioner, I am also deeply concerned about the potential for abuse of AI technologies to facilitate fraud in our markets. As we examine the development of and limitations on the legitimate uses of AI in our markets, it is also important for the CFTC to emphasize that any misuse of these technologies will draw sharp penalties.
    In fact, I continue to call for the Commission to consider introducing heightened penalties for those who intentionally use AI technologies to engage in fraud, market manipulation, or the evasion of our regulations.
    In many instances, our statutes provide for heightened civil monetary penalties where appropriate.
    I propose that the use of AI in our markets to commit fraud and other violations of our regulations may, in certain circumstances, warrant a heightened civil monetary penalty.
    Bad actors who would use AI to violate our rules must be put on notice and sufficiently deterred from using AI as a weapon to engage in fraud, market manipulation, or to otherwise disrupt the operations or integrity of our markets. We must make it clear that the lure of using AI to engage in new malicious schemes will not be worth the cost.
    Recommendation for an Inter-Agency Task Force
    At the end of 2023, the previous administration announced the creation of an AI Safety Institute, which was to be established within the National institute of Standards and Technology (NIST), housed within the Commerce Department.[20]
    Shortly thereafter, I proposed the creation of an inter-agency task force composed of financial regulators including the CFTC, SEC, Federal Reserve, Office of the Comptroller of the Currency, Consumer Financial Protection Bureau, FDIC, Federal Housing Finance Agency, and NCUA to develop guidelines, tools, benchmarks, and best practices for the use and regulation of AI in the financial services industry.[21]
    Addressing the perils of AI, while harnessing its promise, is a challenge that will require a whole-of-government approach, with regulators working together across diverse agencies. I continue to advocate for agencies working together to provide their essential experience and expertise to help guide the development of AI standards for the financial industry.
    Conclusion
    The CFTC, in particular, is well positioned to lead in this space. Its principles-based and technology-neutral approach to regulation allows for flexible oversight that supports innovation while safeguarding market integrity. The Commission’s mission—to foster open, transparent, competitive, and financially sound markets—naturally aligns with the adoption of cutting-edge technology.
    AI is no longer a futuristic concept—it is a central feature of modern financial markets. Used responsibly, AI enhances compliance, improves oversight, and enables faster and more effective enforcement. The CFTC’s technology-neutral framework allows it to keep pace with innovation while maintaining essential investor protections and market integrity.
    Thanks again for allowing me to share my thoughts with you today. I anticipate you will have an energetic, generative, and thoughtful discussion on the panels and following the presentations this afternoon.

    [1] The views I share today are my own and not the views of the Commission, my fellow Commissioners or the CFTC staff.

    [7] Id. at 33, 35.

    [14] 7 U.S.C. § 6c(a).

    [15] 7 U.S.C. § 9(1); 17 C.F.R. § 180.1.

    MIL OSI USA News –

  • MIL-OSI: DRML Miner Unveils Zero-Fee Cloud Mining to Supercharge Bitcoin & Litecoin Profits

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 08, 2025 (GLOBE NEWSWIRE) — The crypto space just got more exciting. DRML Miner has launched a groundbreaking zero-fee cloud mining service for Bitcoin and Litecoin. Unlike typical platforms that sneak in costs, DRML Miner ensures everything you earn stays in your wallet. This new model is reshaping the way investors look at mining. For those eager to build serious crypto wealth, this might be the opportunity you’ve been waiting for.

    Why Zero Fees Make All the Difference

    Traditional mining services often chip away at your earnings with endless fees. Maintenance costs, power charges, and platform cuts can shrink your returns by more than half. DRML Miner flips the script. With no hidden costs, every satoshi or lite you mine is yours. This small change has a massive impact, maximizing profits and making mining more attractive than ever.

    Capitalize on Bitcoin and Litecoin’s Growth

    Bitcoin continues to dominate headlines. Investors worldwide see it as the gold standard of digital assets. Meanwhile, Litecoin remains a strong player, known for faster transaction speeds and lower fees. As global adoption of crypto grows, these coins are positioned for even greater demand. DRML Miner’s service makes mining these valuable assets simple and rewarding.

    No Hardware, No Hassles, Just Pure Mining

    Forget bulky rigs, noisy fans, or sky-high electricity bills. With DRML Miner’s cloud solution, you don’t need to own or maintain a single machine. All mining takes place on their secure servers, leaving you free from tech headaches. Whether you’re on vacation or asleep, your mining continues around the clock, growing your digital portfolio effortlessly.

    Secure and Transparent From Day One

    Security is crucial in crypto. DRML Miner backs its platform with top-tier encryption, secure wallet integrations, and 24/7 monitoring. Investors get full access to detailed dashboards, showing exactly how much Bitcoin and Litecoin they’re mining in real-time. No confusing reports, no vague figures. Complete transparency builds trust, and DRML Miner has made that a cornerstone of its operations.

    Get a $10 Reward Instantly Upon Registration

    Kickstart your mining journey with a $10 bonus just for signing up! DRML Miner rewards every new user with a $10 registration bonus, making it even easier to start mining without any initial investment. It’s a risk-free way to explore cloud mining and start earning from day one.

    Easy Start for Newcomers and Power Tools for Pros

    Never mined before? No problem. DRML Miner’s interface is built to be beginner-friendly. Clear instructions guide you through account setup, plan selection, and starting your mining journey in minutes. If you’re already an experienced investor, advanced analytics and optimization tools give you the edge to push your earnings even further. It’s a platform that grows with your skill level.

    Scale Up Without the Usual Expenses

    One of the biggest barriers to traditional mining is the steep cost of scaling. Want to double your output? Usually, that means buying double the rigs and paying double the electric bill. DRML Miner’s cloud solution changes this entirely. With a few clicks, you can increase your mining power instantly, without worrying about extra hardware or operational nightmares. It’s mining on your terms.

    Perfect Timing as Crypto Adoption Soars

    Crypto is no longer a fringe market. Institutional investors, payment platforms, and even governments are recognizing its value. Bitcoin’s supply cap and Litecoin’s growing use case make them strong long-term bets. By mining today, you’re not just earning coins — you’re positioning yourself ahead of future demand. DRML Miner’s zero-fee approach ensures more of that value lands in your pocket.

    Real Investors, Real Results

    Thousands of users have already jumped on board with DRML Miner’s zero-fee cloud mining. Some are everyday people growing their first crypto nest egg. Others are seasoned investors adding another powerful income stream. Testimonials highlight steady returns, excellent customer support, and the relief of not dealing with hardware failures. These stories underline why zero-fee mining is quickly becoming the preferred choice.

    Customer Support That’s Actually There

    Many platforms promise help but vanish when issues arise. DRML Miner prides itself on responsive, friendly support teams ready to assist any time. Whether you have a quick question about your dashboard or need help scaling your mining plan, their team is just a message away. This level of service builds confidence, especially for those new to the crypto scene.

    Seize This New Era of Mining

    Cloud mining is already a smart alternative to traditional setups. DRML Miner takes it a step further by removing fees entirely. That’s more money in your pocket and a much simpler path to growing your digital assets. The days of worrying about rig failures, electricity spikes, or service cuts are over.

    Conclusion: Start Mining and Build Wealth

    DRML Miner’s zero-fee cloud mining isn’t just another crypto service — it’s a complete shift in how investors approach building wealth with Bitcoin and Litecoin. You get higher profits, unmatched flexibility, and total peace of mind, all underpinned by cutting-edge security and hands-on support. If you’re ready to strengthen your crypto portfolio, there’s no better time. Sign up with https://drmlminers.com/ today and watch your crypto journey take off.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: DRML Miner Unveils Zero-Fee Cloud Mining to Supercharge Bitcoin & Litecoin Profits

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 08, 2025 (GLOBE NEWSWIRE) — The crypto space just got more exciting. DRML Miner has launched a groundbreaking zero-fee cloud mining service for Bitcoin and Litecoin. Unlike typical platforms that sneak in costs, DRML Miner ensures everything you earn stays in your wallet. This new model is reshaping the way investors look at mining. For those eager to build serious crypto wealth, this might be the opportunity you’ve been waiting for.

    Why Zero Fees Make All the Difference

    Traditional mining services often chip away at your earnings with endless fees. Maintenance costs, power charges, and platform cuts can shrink your returns by more than half. DRML Miner flips the script. With no hidden costs, every satoshi or lite you mine is yours. This small change has a massive impact, maximizing profits and making mining more attractive than ever.

    Capitalize on Bitcoin and Litecoin’s Growth

    Bitcoin continues to dominate headlines. Investors worldwide see it as the gold standard of digital assets. Meanwhile, Litecoin remains a strong player, known for faster transaction speeds and lower fees. As global adoption of crypto grows, these coins are positioned for even greater demand. DRML Miner’s service makes mining these valuable assets simple and rewarding.

    No Hardware, No Hassles, Just Pure Mining

    Forget bulky rigs, noisy fans, or sky-high electricity bills. With DRML Miner’s cloud solution, you don’t need to own or maintain a single machine. All mining takes place on their secure servers, leaving you free from tech headaches. Whether you’re on vacation or asleep, your mining continues around the clock, growing your digital portfolio effortlessly.

    Secure and Transparent From Day One

    Security is crucial in crypto. DRML Miner backs its platform with top-tier encryption, secure wallet integrations, and 24/7 monitoring. Investors get full access to detailed dashboards, showing exactly how much Bitcoin and Litecoin they’re mining in real-time. No confusing reports, no vague figures. Complete transparency builds trust, and DRML Miner has made that a cornerstone of its operations.

    Get a $10 Reward Instantly Upon Registration

    Kickstart your mining journey with a $10 bonus just for signing up! DRML Miner rewards every new user with a $10 registration bonus, making it even easier to start mining without any initial investment. It’s a risk-free way to explore cloud mining and start earning from day one.

    Easy Start for Newcomers and Power Tools for Pros

    Never mined before? No problem. DRML Miner’s interface is built to be beginner-friendly. Clear instructions guide you through account setup, plan selection, and starting your mining journey in minutes. If you’re already an experienced investor, advanced analytics and optimization tools give you the edge to push your earnings even further. It’s a platform that grows with your skill level.

    Scale Up Without the Usual Expenses

    One of the biggest barriers to traditional mining is the steep cost of scaling. Want to double your output? Usually, that means buying double the rigs and paying double the electric bill. DRML Miner’s cloud solution changes this entirely. With a few clicks, you can increase your mining power instantly, without worrying about extra hardware or operational nightmares. It’s mining on your terms.

    Perfect Timing as Crypto Adoption Soars

    Crypto is no longer a fringe market. Institutional investors, payment platforms, and even governments are recognizing its value. Bitcoin’s supply cap and Litecoin’s growing use case make them strong long-term bets. By mining today, you’re not just earning coins — you’re positioning yourself ahead of future demand. DRML Miner’s zero-fee approach ensures more of that value lands in your pocket.

    Real Investors, Real Results

    Thousands of users have already jumped on board with DRML Miner’s zero-fee cloud mining. Some are everyday people growing their first crypto nest egg. Others are seasoned investors adding another powerful income stream. Testimonials highlight steady returns, excellent customer support, and the relief of not dealing with hardware failures. These stories underline why zero-fee mining is quickly becoming the preferred choice.

    Customer Support That’s Actually There

    Many platforms promise help but vanish when issues arise. DRML Miner prides itself on responsive, friendly support teams ready to assist any time. Whether you have a quick question about your dashboard or need help scaling your mining plan, their team is just a message away. This level of service builds confidence, especially for those new to the crypto scene.

    Seize This New Era of Mining

    Cloud mining is already a smart alternative to traditional setups. DRML Miner takes it a step further by removing fees entirely. That’s more money in your pocket and a much simpler path to growing your digital assets. The days of worrying about rig failures, electricity spikes, or service cuts are over.

    Conclusion: Start Mining and Build Wealth

    DRML Miner’s zero-fee cloud mining isn’t just another crypto service — it’s a complete shift in how investors approach building wealth with Bitcoin and Litecoin. You get higher profits, unmatched flexibility, and total peace of mind, all underpinned by cutting-edge security and hands-on support. If you’re ready to strengthen your crypto portfolio, there’s no better time. Sign up with https://drmlminers.com/ today and watch your crypto journey take off.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: Orezone Reports Q2-2025 Production and Hard Rock Expansion Update

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to announce its Q2-2025 gold production results and stage 1 hard rock expansion construction update at its Bomboré Gold Mine. All dollar amounts are in USD unless otherwise indicated and abbreviation “M” means million.   

    Q2-2025 Production Results

    • Gold production of 27,548 ounces
    • Gold sales of 28,265 ounces at a realized price of $3,338 per ounce for revenue of $94.3M
    • Cash balance of $72.6M with available liquidity (cash and undrawn debt) of $103.9M at June 30, 2025. Senior debt at June 30, 2025 of $65.3M after principal repayments of $5.2M and foreign exchange movements in the quarter

    Stage 1 Hard Rock Construction Update

    • Construction of the stage 1 hard rock expansion remains on schedule and on budget with mill commissioning and first gold pour slated for Q4-2025
    • Engineering and procurement now complete
    • Dump pocket and jaw crusher foundation significantly advanced
    • SAG mill foundation complete, with SAG mill installation commenced
    • CIL tank installation complete, with structural steel installation now underway
    • Several mining areas for hard rock mining have now been readied in preparation for commencement of hard rock mining later this year
    • Construction of explosives magazine, in support of future hard rock blasting, now complete

    Patrick Downey, President & CEO stated, “Q2 was another solid operating quarter at Bomboré, with gold production in line with plan. The Company remains well-positioned to achieve its 2025 production guidance of 115,000-130,000 ounces, with Q4 expected as the strongest quarter.

    During Q2, the Company made material progress advancing the stage 1 hard rock expansion and upon its nearby completion, will mark a material transformation in the Bomboré operation, with forecasted gold production set to increase by approximately 45% to 170,000-185,000 ounces in 2026.

    Further positioning the Company for a significant transformation, Orezone has advanced (1) its application for a secondary listing on the Australian Securities Exchange (“ASX”), with official listing expected in mid-August, and (2) its plans to accelerate the stage 2 hard rock expansion to an upsized 5.5 million tonnes per annum (“Mtpa”) operation two years ahead of schedule (see February 23, 2025 news release). While subject to final Board approval, the stage 2 expansion is projected to increase the overall gold production at Bomboré to 220,000-250,000 ounces per year.”

    Bomboré Q2-2025 Production Results (100% Basis)

      Unit Q2-2025   Q1-2025   Six Months Ended
    June 30, 2025    		  
    Ore processed Tonnes 1,565,022   1,511,303   3,076,325  
    Ore grade Au g/t 0.62   0.67   0.65  
    Plant recovery % 87.8   87.9   87.8  
    Gold produced Au oz 27,548   28,688   56,236  
                   

    Hard Rock Plant Expansion Overview

    The 2.5Mtpa stage 1 hard rock expansion is designed to process higher-grade hard rock ore. The expansion is independent of the adjacent 6.0Mtpa oxide plant but will utilize a number of shared services and infrastructure including the tailings storage facility, warehouses, administration complex, and technical services. The concentrated scope of the brownfield expansion significantly reduces schedule and budget risk in comparison to a new build, with the ramp-up to benefit from the well-established mining, processing, and maintenance teams onsite.

    This stage 1 expansion is scheduled for commissioning in Q4-2025 and as with the oxide plant, which had a nameplate capacity of 5.2Mtpa, the Company views the potential to achieve significantly better throughput rates than that of the 2.5Mtpa stage 1 design.

    With the strong price of gold, the Company continues to evaluate the timing of the stage 2 hard rock expansion, which will increase the nameplate throughput to 5.5Mtpa, yielding a forecasted overall production profile of 225,000-250,000 ounces per year. With a 5.5Mtpa jaw crusher currently being installed in stage 1, the stage 2 expansion will primarily consist of a ball mill, pebble crusher, thickener, four additional CIL tanks and a gold room upgrade. The stage 1 design and layout were made to easily accommodate these stage 2 additions.

    Figure 1: Bomboré Processing Complex – Hard Rock Plant Layout (blue labels) Relative to Oxide Plant and Other Established Infrastructure (white labels)

    Figure 2: Stage 1 Hard Rock Expansion – Major Plant Component Construction

    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 Persons

    The scientific and technical information in this news release was reviewed and approved by Mr. Rob Henderson, P. Eng, Vice-President of Technical Services and Mr. Dale Tweed, P. Eng., Vice-President of Engineering, both of whom are Qualified Persons as defined under NI 43-101 – Standards of Disclosure for Mineral Projects.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains certain information that may constitute “forward-looking information” within the meaning of applicable Canadian Securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (together, “forward-looking statements”).  Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “possible” and other similar words, or statements that certain events or conditions “may”, “will”, “could”, or “should” occur.  Forward-looking statements in this press release include, but are not limited to, statements that Orezone is positioned for a transformational 2025, the Company is positioned well to achieve its 2025 production guidance of 115,000-130,000 ounces, the target of listing on the ASX in mid-August 2025, the construction of the stage 1 hard rock expansion is well advanced with completion and commissioning set for Q4-2025 and once commissioned, will increase annual production by approximately 45%, the potential greater capacity than the 2.5Mtpa design of the hard rock plant, and statements with respect to the stage 2 hard rock expansion.

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

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

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

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/000f28d2-5832-4801-aea9-c0d28d9e71d1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c5ac3b77-7344-42d6-b2fe-ce36c3f88117

    The MIL Network –

  • India–Brazil bilateral trade to touch $20 million by 2028: PM Modi in Brasilia

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Tuesday said India and Brazil will work to expand cooperation in trade, clean energy, defence, Artificial Intelligence, and digital public infrastructure, underlining that both countries share a common vision for inclusive development and a people-centric approach to innovation.

    Speaking at a joint press statement alongside Brazilian President Luiz Inácio Lula da Silva, PM Modi expressed his gratitude for being conferred with Brazil’s highest national honour — ‘The Grand Collar of the National Order of the Southern Cross’.

    “Today, being honoured with Brazil’s highest national award by the President of Brazil is a moment of great pride and emotion not just for me, but for 140 crore Indians. I sincerely thank the President, the Brazilian government, and the people of Brazil for this honour,” PM Modi said.

    Calling President Lula his “best friend” and “Chief Architect of the Strategic Partnership between India and Brazil,” the PM said every meeting with him has motivated him to work harder for the well-being of both nations. “I dedicate this honour to his strong commitment to India and to our enduring friendship,” he said.

    Trade and energy cooperation

    PM Modi said India and Brazil have agreed to raise bilateral trade to USD 20 billion over the next five years. “Football is Brazil’s passion, just as cricket is loved by the people of India. Whether it’s sending the ball past the boundary or into the goal, when both are on the same team, a USD 20 billion partnership is not difficult to achieve,” he said, adding that both sides will also work to expand the India–MERCOSUR Preferential Trade Agreement (PTA).

    The Prime Minister stressed that cooperation in the energy sector was steadily growing and highlighted the new agreement signed to boost collaboration on clean energy and sustainable development.

    PM Modi also extended best wishes to Lula for the upcoming COP-30 Summit to be hosted by Brazil later this year.

    Defence, AI and digital linkages

    On defence ties, PM Modi said, “Our growing cooperation in the field of defence reflects the deep mutual trust between our two countries. We will continue our efforts to connect our defence industries and strengthen this partnership further.”

    He pointed to ongoing collaboration in Artificial Intelligence and supercomputing, describing it as part of the shared goal of “inclusive development and human-centric innovation.” India’s UPI digital payments platform is also set to be adopted in Brazil, Modi said, adding that India would gladly share its experience in digital public infrastructure and space technology.

    Health, Ayurveda and people-to-people ties

    Highlighting ties in agriculture and health, the PM noted that cooperation in agriculture and animal husbandry spans several decades, and both sides are now working together in agricultural research and food processing too. “In the health sector too, we are enhancing our win-win collaboration. We have also emphasized the expansion of Ayurveda and traditional medicine in Brazil,” he said.

    Underscoring the importance of people-to-people connections, PM Modi said that the shared passion for sports — cricket and football — brings India and Brazil closer. “We wish for India–Brazil relations to be as vibrant as Carnival, as passionate as football, and as heart-connecting as Samba — all without the long visa counter queues! With this spirit, we will work together to ease people-to-people exchanges between our two nations, especially for tourists, students, sportspersons, and businessmen,” he said.

    On global issues

    The Prime Minister said India and Brazil have always worked in close coordination on global issues and stressed that their partnership is relevant to the Global South and the wider world. “We firmly believe that it is our moral responsibility to bring the concerns and priorities of the Global South to the forefront of the global stage,” he said.

    Calling for disputes to be resolved through “dialogue and diplomacy,” PM Modi said the India–Brazil partnership stands as an “important pillar of stability and balance” amid global tensions and uncertainty. He also reiterated both nations’ “zero tolerance and zero double standards” approach on terrorism, saying, “We strongly oppose both terrorism and those who support it.”

    The Prime Minister also extended an invitation to Lula to visit India and said, “Once again, on behalf of 1.4 billion Indians, I extend my heartfelt gratitude to you for this highest national honour and for your enduring friendship.”

    Earlier in the day, Lula welcomed PM Modi at the Alvorada Palace in Brasilia, where he was given a ceremonial reception featuring a 114-horse escort for his car. The two leaders then held a restricted-format meeting, followed by delegation-level discussions and the signing of agreements.

  • MIL-OSI USA: Cassidy, Kennedy Introduce Resolutions Celebrating LSU Shreveport, LSU Baseball National Championships

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    U.S. Senators Bill Cassidy, M.D. (R-LA) and John Kennedy (R-LA) introduced two resolutions recognizing the Louisiana State University Shreveport (LSUS) Pilots and the Louisiana State University (LSU) Tigers baseball teams for winning their respective 2025 national championships. The LSUS Pilots secured the National Association of Intercollegiate Athletics (NAIA) Baseball National Championship and made collegiate baseball history by completing a perfect 59-0 season. The LSU Tigers won the 2025 NCAA Division I College World Series, claiming their eighth national title, the second-most in NCAA history.
    “It’s hard to have a better year for baseball in Louisiana than this,” said Dr. Cassidy, an LSU alumnus. “The LSU Shreveport Pilots made history, doing something no college team has ever done before: going a perfect 59-0. And a huge congratulations to the LSU Tigers on fighting their way to another national championship up in Omaha. These young men and their coaches earned every single win and made our entire state proud. Geaux Pilots and Geaux Tigers!”
    “The LSU Shreveport Pilots are what ‘cool’ looks like. This baseball team capped off an undefeated season and the longest win streak in college baseball history with an NAIA championship. That’s an achievement that deserves Senate recognition. Geaux Pilots!” said Senator Kennedy.
    “The LSU Tigers proved once again that they are NCAA baseball’s gold standard, delivering an undefeated run in Omaha and bringing yet another national title home to Louisiana. I’m proud to help introduce this resolution recognizing their hard work and congratulating Coach Jay Johnson and this impressive team on a job well done,” continued Senator Kennedy.
    The resolutions honor both head coaches, Brad Neffendorf of LSUS and Jay Johnson of LSU, for leading their teams to national titles. The resolutions also recognize the individual achievements of standout players on both teams and celebrate the impact these championships have on LSU Shreveport, Louisiana State University, the cities of Shreveport and Baton Rouge, and the entire state of Louisiana.
    Read the full resolution for LSU Shreveport here.
    Read the full resolution for LSU here.

    MIL OSI USA News –

  • MIL-OSI Security: OmegaPro Founder and Promoter Charged for Running Global $650M Foreign Exchange and Crypto Investment Scam

    Source: United States Attorneys General 1

    An indictment was unsealed today in the District of Puerto Rico charging two men for their alleged roles in operating and promoting OmegaPro, an international investment scheme that defrauded victim investors of over $650 million.

    According to court documents, Michael Shannon Sims, 48, of Georgia and Florida, was a founder, strategic consultant, and promoter of OmegaPro, and Juan Carlos Reynoso, 57, of New Jersey and Florida, led OmegaPro’s operations in Latin America and parts of the United States, including Puerto Rico.

    “As alleged, the defendants preyed upon vulnerable individuals in the U.S. and abroad, defrauding them of over $650 million by making false promises of substantial returns and that their money was safe,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “The Criminal Division is committed to prosecuting these bad actors and pursuing justice for their many victims. Thanks to the dedicated work of our multiagency and international law enforcement partners, we are leading efforts to combat these complex and insidious digital asset investor scams.”  

    “As alleged in the indictment, the defendants operated a global fraud scheme through OmegaPro that deceived investors with false promises of extraordinary returns, only to misappropriate hundreds of millions of victim funds,” said U.S. Attorney W. Stephen Muldrow for the District of Puerto Rico. “We remain committed to dismantling international financial schemes that target U.S. victims — including here in Puerto Rico — and to recovering illicit proceeds through criminal prosecution and asset forfeiture.”

    “The FBI will not stand by while the American public is defrauded,” said Assistant Director Joe Perez of the FBI Criminal Investigative Division. “Through coordination with our partners, these individuals will have to defend their actions in a court of law.”

    “This case exposes the ruthless reality of modern financial crime,” said Chief Guy Ficco of the IRS Criminal Investigation (IRS-CI). “OmegaPro promised financial freedom but delivered financial ruin – stealing over $650 million from everyday people and vanishing it into virtual currency. These weren’t just scams; they were precision-engineered betrayals. Our job is to stand up for those who’ve been exploited and continue our cross-agency collaboration until those responsible are brought to justice.”

    “This case highlights the critical role international partnerships play in dismantling transnational financial fraud schemes that exploit global markets and victimize unsuspecting investors,” said International Operations Assistant Director Ricardo Mayoral of U.S. Immigration and Customs Enforcement Homeland Security Investigations (HSI). “HSI remains committed to working with our partners worldwide to disrupt criminal networks that weaponize emerging technologies to conceal illicit profits and defraud the public.”

    Sims and co-conspirators established OmegaPro in or about January 2019, and Reynoso joined a few months later, in or about April 2019. As alleged, the defendants and others operated and promoted OmegaPro as a multi-level marketing (MLM) scheme for investors to purchase “investment packages,” which the defendants and others falsely promised would generate 300% returns over 16 months through foreign exchange (forex) trading by elite traders. Investors were instructed to purchase these investment packages using virtual currency.

    According to court documents, Sims allegedly misled victims by vouching for OmegaPro’s trading performance and the skills of the hired traders and by falsely advertising the safety of investment in OmegaPro. Reynoso allegedly falsely and misleadingly represented that OmegaPro was operating pursuant to a legitimate license and, at other times, that OmegaPro was not subject to any country’s legal rules. The indictment alleges that Sims and Reynoso, together with co-conspirators, hosted lavish OmegaPro promotional events and trainings all over the world including, for example, projecting the OmegaPro logo onto the Burj Khalifa, the world’s tallest building, at an event in Dubai. The objective of these promotional events allegedly was to convince existing and prospective investors that OmegaPro was a legitimate enterprise that offered a path to wealth and a luxurious lifestyle.

    Further, Sims, Reynoso, and their co-conspirators used social media to display their expensive vacations and cars, as well as their designer clothes and watches. The indictment alleges that through the defendants’ and others’ misrepresentations, OmegaPro raised over $650 million in virtual currency from thousands of investors. After OmegaPro announced that it had suffered a network hack, Reynoso and others told victims in or about January 2023 that their investments were secure and that OmegaPro was transferring their investments to another platform called Broker Group. Despite these representations, victims were unable to withdraw money from either their OmegaPro accounts or their accounts at Broker Group, resulting in millions in victim losses.

    The more than $650 million in funds raised from victims allegedly was first sent to virtual currency wallet addresses controlled by OmegaPro executives and then allegedly transferred to OmegaPro insiders and high-ranking promoters to disperse the funds and obscure their origins. As alleged, Sims and Reynoso both profited millions from this scheme.

    Both defendants are charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. If convicted, Sims and Reynoso each face a maximum penalty of 20 years in prison on each count.

    The FBI, IRS-CI, and HSI New York are investigating the case, with assistance from FBI’s Virtual Asset Unit, HSI Bangkok, HSI Bogota, HSI Frankfurt, HSI Istanbul, HSI London, HSI Miami, HSI New Delhi, HSI The Hague, the Office of the Attorney General of Colombia, and the Joint Chiefs of Global Tax Enforcement (J5), an alliance between the Australian Taxation Office, the Canada Revenue Agency, the Dutch Fiscal Intelligence and Investigation Service, His Majesty’s Revenue and Customs from the U.K., and IRS-CI.

    Trial Attorneys Ariel Glasner and Tamara Livshiz of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jonathan Gottfried for the District of Puerto Rico and on detail to the Computer Crime and Intellectual Property Section are prosecuting the case.

    If you believe you were potentially victimized by OmegaPro or have information relevant to this investigation, please visit the FBI’s Victim Witness website at forms.fbi.gov/victims/omegaprovictims or contact OmegaProVictims@fbi.gov.

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

    MIL Security OSI –

  • MIL-OSI USA: OmegaPro Founder and Promoter Charged for Running Global $650M Foreign Exchange and Crypto Investment Scam

    Source: US State Government of Utah

    An indictment was unsealed today in the District of Puerto Rico charging two men for their alleged roles in operating and promoting OmegaPro, an international investment scheme that defrauded victim investors of over $650 million.

    According to court documents, Michael Shannon Sims, 48, of Georgia and Florida, was a founder, strategic consultant, and promoter of OmegaPro, and Juan Carlos Reynoso, 57, of New Jersey and Florida, led OmegaPro’s operations in Latin America and parts of the United States, including Puerto Rico.

    “As alleged, the defendants preyed upon vulnerable individuals in the U.S. and abroad, defrauding them of over $650 million by making false promises of substantial returns and that their money was safe,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “The Criminal Division is committed to prosecuting these bad actors and pursuing justice for their many victims. Thanks to the dedicated work of our multiagency and international law enforcement partners, we are leading efforts to combat these complex and insidious digital asset investor scams.”  

    “As alleged in the indictment, the defendants operated a global fraud scheme through OmegaPro that deceived investors with false promises of extraordinary returns, only to misappropriate hundreds of millions of victim funds,” said U.S. Attorney W. Stephen Muldrow for the District of Puerto Rico. “We remain committed to dismantling international financial schemes that target U.S. victims — including here in Puerto Rico — and to recovering illicit proceeds through criminal prosecution and asset forfeiture.”

    “The FBI will not stand by while the American public is defrauded,” said Assistant Director Joe Perez of the FBI Criminal Investigative Division. “Through coordination with our partners, these individuals will have to defend their actions in a court of law.”

    “This case exposes the ruthless reality of modern financial crime,” said Chief Guy Ficco of the IRS Criminal Investigation (IRS-CI). “OmegaPro promised financial freedom but delivered financial ruin – stealing over $650 million from everyday people and vanishing it into virtual currency. These weren’t just scams; they were precision-engineered betrayals. Our job is to stand up for those who’ve been exploited and continue our cross-agency collaboration until those responsible are brought to justice.”

    “This case highlights the critical role international partnerships play in dismantling transnational financial fraud schemes that exploit global markets and victimize unsuspecting investors,” said International Operations Assistant Director Ricardo Mayoral of U.S. Immigration and Customs Enforcement Homeland Security Investigations (HSI). “HSI remains committed to working with our partners worldwide to disrupt criminal networks that weaponize emerging technologies to conceal illicit profits and defraud the public.”

    Sims and co-conspirators established OmegaPro in or about January 2019, and Reynoso joined a few months later, in or about April 2019. As alleged, the defendants and others operated and promoted OmegaPro as a multi-level marketing (MLM) scheme for investors to purchase “investment packages,” which the defendants and others falsely promised would generate 300% returns over 16 months through foreign exchange (forex) trading by elite traders. Investors were instructed to purchase these investment packages using virtual currency.

    According to court documents, Sims allegedly misled victims by vouching for OmegaPro’s trading performance and the skills of the hired traders and by falsely advertising the safety of investment in OmegaPro. Reynoso allegedly falsely and misleadingly represented that OmegaPro was operating pursuant to a legitimate license and, at other times, that OmegaPro was not subject to any country’s legal rules. The indictment alleges that Sims and Reynoso, together with co-conspirators, hosted lavish OmegaPro promotional events and trainings all over the world including, for example, projecting the OmegaPro logo onto the Burj Khalifa, the world’s tallest building, at an event in Dubai. The objective of these promotional events allegedly was to convince existing and prospective investors that OmegaPro was a legitimate enterprise that offered a path to wealth and a luxurious lifestyle.

    Further, Sims, Reynoso, and their co-conspirators used social media to display their expensive vacations and cars, as well as their designer clothes and watches. The indictment alleges that through the defendants’ and others’ misrepresentations, OmegaPro raised over $650 million in virtual currency from thousands of investors. After OmegaPro announced that it had suffered a network hack, Reynoso and others told victims in or about January 2023 that their investments were secure and that OmegaPro was transferring their investments to another platform called Broker Group. Despite these representations, victims were unable to withdraw money from either their OmegaPro accounts or their accounts at Broker Group, resulting in millions in victim losses.

    The more than $650 million in funds raised from victims allegedly was first sent to virtual currency wallet addresses controlled by OmegaPro executives and then allegedly transferred to OmegaPro insiders and high-ranking promoters to disperse the funds and obscure their origins. As alleged, Sims and Reynoso both profited millions from this scheme.

    Both defendants are charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. If convicted, Sims and Reynoso each face a maximum penalty of 20 years in prison on each count.

    The FBI, IRS-CI, and HSI New York are investigating the case, with assistance from FBI’s Virtual Asset Unit, HSI Bangkok, HSI Bogota, HSI Frankfurt, HSI Istanbul, HSI London, HSI Miami, HSI New Delhi, HSI The Hague, the Office of the Attorney General of Colombia, and the Joint Chiefs of Global Tax Enforcement (J5), an alliance between the Australian Taxation Office, the Canada Revenue Agency, the Dutch Fiscal Intelligence and Investigation Service, His Majesty’s Revenue and Customs from the U.K., and IRS-CI.

    Trial Attorneys Ariel Glasner and Tamara Livshiz of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jonathan Gottfried for the District of Puerto Rico and on detail to the Computer Crime and Intellectual Property Section are prosecuting the case.

    If you believe you were potentially victimized by OmegaPro or have information relevant to this investigation, please visit the FBI’s Victim Witness website at forms.fbi.gov/victims/omegaprovictims or contact OmegaProVictims@fbi.gov.

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

    MIL OSI USA News –

  • MIL-OSI: Mithril Silver & Gold Announces $10 Million Brokered Private Placement of Common Shares

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

    MELBOURNE, Australia and VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) — Mithril Silver and Gold Limited (TSXV: MSG) (ASX: MTH) (“Mithril” or the “Company”) is pleased to announce that it has entered into an agreement with Ventum Financial Corp. as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a private placement of 27,778,000 common shares (the “Shares”) of the Company at a price of C$0.36 per Share (the “Offering Price“) for aggregate gross proceeds of C$10,000,080 (the “Offering”), excluding any additional proceeds raised from the exercise of the Agents’ Option (defined below).

    The Company will grant the Agents an option (the “Agents’ Option”), which will allow the Agents to offer up to an additional 15% of the Offering, on the same terms as the Shares. The Agents’ Option may be exercised in whole or in part at any time prior to the Closing Date of the Offering.

    The Shares (including any Shares issued pursuant to the Agents’ Option) will be offered on a private placement basis pursuant to exemptions from prospectus requirements under applicable securities laws, in all provinces of Canada, and will be made utilising the Company’s available placement capacity under ASX Listing Rules 7.1 and 7.1A.

    The net proceeds from the Offering will be used to accelerate exploration and drilling activity at the Company’s Copalquin district project in Durango State, Mexico, as well as for working capital and general corporate purposes.

    The Offering is scheduled to close on July 29, 2025 (the “Closing Date”), or such other date as the Company and the Agents may agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period expiring four months and one day from the Closing Date.

    In consideration for services provided by the Agents, the Company has agreed to pay a fee of 6.0% of the gross proceeds of the Offering plus any applicable taxes in cash to the Agents. The Company has also agreed to issue to the Agents that number of compensation options equal to 6.0% of the aggregate number of Shares issued by the Company under the Offering, each exercisable into one Share at the Offering Price, with an expiry date of two (2) years from the Closing Date. The same commission shall be paid to the Agents in connection with any Shares issued or sold pursuant to the exercise of the Agents’ Option.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    All currency references herein are to Canadian dollar unless otherwise stated.

    About Mithril Silver and Gold

    Mithril Silver and Gold Limited is an Australian and Canadian listed precious metals exploration company, focused on its Copalquin district project, in Mexico’s Sierra Madre Gold Silver Trend.

    The Copalquin mining district is located in Durango State, Mexico and covers an entire mining district of 70km2. The district is within the Sierra Madre Gold Silver Trend which extends north-south along the western side of Mexico and hosts many world-class gold and silver deposits.

    Additional information about Mithril and its mineral projects can be viewed on the Company’s SEDAR+ profile at (www.sedarplus.ca) and its website at www.mithrilsilvergold.com.

    The information in this announcement relating to mineral resources has been reported by the Company in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves’ (JORC Code) previously (refer to the Company’s ASX announcement dated 7 July 2025) which is available to view on the Company’s website. The Company confirms that it is not aware of any new information as at the date of this announcement that materially affects the information included in the previous market announcement and that all material assumptions and technical parameters underpinning the estimates in the Company’s previous announcement continue to apply and have not materially changed.

    Neither the TSX Venture Exchange nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this news release.

    For further information, please contact:
    John Skeet
    Managing Director and CEO
    Email: jskeet@mithrilsilvergold.com
    Tel: +61 435 766 809
    Corporate Communications
    Nicole@mithrilsilvergold.com
    Liz@mithrilsilvergold.com

    Cautionary Notes and Forward-looking Statements

    Certain information contained in this news release constitutes “forward-looking information” under Canadian securities legislation. This includes, but is not limited to, information or statements with respect to the Offering, including statements with respect to the completion of the Offering and the anticipated closing date thereof; the expected receipt of regulatory and other approvals relating to the Offering; participants in the Offering; the expected proceeds of the Offering and the anticipated use of the net proceeds therefrom; the future exploration plans of the Company, timing of future exploration, anticipated results of exploration and potential mineralization of the Company’s mineral projects. Such forward looking information or statements can be identified by the use of words such as “believes”, “plans”, “suggests”, “targets” or “prospects” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “will” be taken, occur, or be achieved. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties, the actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of precious and base metals, accident, labour disputes and other risks of the mining industry, and delays in obtaining governmental approvals or financing. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein are made as of the date of this news release. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. Accordingly, the reader is cautioned not to place undue reliance on forward-looking information.

    The MIL Network –

  • MIL-OSI: Mithril Silver & Gold Announces $10 Million Brokered Private Placement of Common Shares

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

    MELBOURNE, Australia and VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) — Mithril Silver and Gold Limited (TSXV: MSG) (ASX: MTH) (“Mithril” or the “Company”) is pleased to announce that it has entered into an agreement with Ventum Financial Corp. as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a private placement of 27,778,000 common shares (the “Shares”) of the Company at a price of C$0.36 per Share (the “Offering Price“) for aggregate gross proceeds of C$10,000,080 (the “Offering”), excluding any additional proceeds raised from the exercise of the Agents’ Option (defined below).

    The Company will grant the Agents an option (the “Agents’ Option”), which will allow the Agents to offer up to an additional 15% of the Offering, on the same terms as the Shares. The Agents’ Option may be exercised in whole or in part at any time prior to the Closing Date of the Offering.

    The Shares (including any Shares issued pursuant to the Agents’ Option) will be offered on a private placement basis pursuant to exemptions from prospectus requirements under applicable securities laws, in all provinces of Canada, and will be made utilising the Company’s available placement capacity under ASX Listing Rules 7.1 and 7.1A.

    The net proceeds from the Offering will be used to accelerate exploration and drilling activity at the Company’s Copalquin district project in Durango State, Mexico, as well as for working capital and general corporate purposes.

    The Offering is scheduled to close on July 29, 2025 (the “Closing Date”), or such other date as the Company and the Agents may agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period expiring four months and one day from the Closing Date.

    In consideration for services provided by the Agents, the Company has agreed to pay a fee of 6.0% of the gross proceeds of the Offering plus any applicable taxes in cash to the Agents. The Company has also agreed to issue to the Agents that number of compensation options equal to 6.0% of the aggregate number of Shares issued by the Company under the Offering, each exercisable into one Share at the Offering Price, with an expiry date of two (2) years from the Closing Date. The same commission shall be paid to the Agents in connection with any Shares issued or sold pursuant to the exercise of the Agents’ Option.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    All currency references herein are to Canadian dollar unless otherwise stated.

    About Mithril Silver and Gold

    Mithril Silver and Gold Limited is an Australian and Canadian listed precious metals exploration company, focused on its Copalquin district project, in Mexico’s Sierra Madre Gold Silver Trend.

    The Copalquin mining district is located in Durango State, Mexico and covers an entire mining district of 70km2. The district is within the Sierra Madre Gold Silver Trend which extends north-south along the western side of Mexico and hosts many world-class gold and silver deposits.

    Additional information about Mithril and its mineral projects can be viewed on the Company’s SEDAR+ profile at (www.sedarplus.ca) and its website at www.mithrilsilvergold.com.

    The information in this announcement relating to mineral resources has been reported by the Company in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves’ (JORC Code) previously (refer to the Company’s ASX announcement dated 7 July 2025) which is available to view on the Company’s website. The Company confirms that it is not aware of any new information as at the date of this announcement that materially affects the information included in the previous market announcement and that all material assumptions and technical parameters underpinning the estimates in the Company’s previous announcement continue to apply and have not materially changed.

    Neither the TSX Venture Exchange nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this news release.

    For further information, please contact:
    John Skeet
    Managing Director and CEO
    Email: jskeet@mithrilsilvergold.com
    Tel: +61 435 766 809
    Corporate Communications
    Nicole@mithrilsilvergold.com
    Liz@mithrilsilvergold.com

    Cautionary Notes and Forward-looking Statements

    Certain information contained in this news release constitutes “forward-looking information” under Canadian securities legislation. This includes, but is not limited to, information or statements with respect to the Offering, including statements with respect to the completion of the Offering and the anticipated closing date thereof; the expected receipt of regulatory and other approvals relating to the Offering; participants in the Offering; the expected proceeds of the Offering and the anticipated use of the net proceeds therefrom; the future exploration plans of the Company, timing of future exploration, anticipated results of exploration and potential mineralization of the Company’s mineral projects. Such forward looking information or statements can be identified by the use of words such as “believes”, “plans”, “suggests”, “targets” or “prospects” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “will” be taken, occur, or be achieved. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties, the actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of precious and base metals, accident, labour disputes and other risks of the mining industry, and delays in obtaining governmental approvals or financing. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein are made as of the date of this news release. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. Accordingly, the reader is cautioned not to place undue reliance on forward-looking information.

    The MIL Network –

  • MIL-OSI: Lake Shore Bancorp Announces Closing Date of Conversion Transaction and Results of Stock Offering

    Source: GlobeNewswire (MIL-OSI)

    DUNKIRK, N.Y., July 08, 2025 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (“Lake Shore Federal Bancorp”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced today that all regulatory approvals have been received to close the conversion of Lake Shore, MHC from mutual to stock form and the related stock offering by Lake Shore Bancorp, Inc. (“Lake Shore Bancorp”), the proposed new stock holding company for Lake Shore Bank and the Bank’s conversion from a federal savings bank to a New York chartered commercial bank.

    Closing is expected to occur after the close of business on July 18, 2025. Lake Shore Bancorp’s common stock is expected to begin trading on the Nasdaq Global Market under the trading symbol “LSBK” on July 21, 2025.

    As a result of the subscription offering, Lake Shore Bancorp expects to sell a total of 4,950,460 shares of its common stock (approximately the midpoint of the offering range) at a price of $10.00 per share for total gross proceeds of $49.5 million. All valid stock orders submitted by eligible account holders, supplemental eligible account holders and voting members in the subscription offering will be filled in full. Lake Shore Bancorp’s transfer agent, Computershare Trust Company, N.A. (“Computershare”), expects to mail Direct Registration System (“DRS”) Book-Entry statements for shares purchased in the subscription offering and interest checks, on or about July 21, 2025.

    As part of the conversion transaction, each outstanding share of Lake Shore Federal Bancorp common stock owned by the public stockholders of Lake Shore Federal Bancorp (stockholders other than Lake Shore, MHC) as of the closing date will be converted into shares of Lake Shore Bancorp common stock based on an exchange ratio of 1.3549 shares of Lake Shore Bancorp common stock for each share of Lake Shore Federal Bancorp common stock so that Lake Shore Federal Bancorp’s existing public stockholders will own approximately the same percentage of Lake Shore Bancorp’s common stock as they owned of Lake Shore Federal Bancorp’s common stock immediately prior to the conversion, subject to adjustment as disclosed in the prospectus. Cash will be issued in lieu of a fractional share of Lake Shore Bancorp common stock based on the offering price of $10.00 per share. Upon the completion of the conversion and stock offering, approximately 7,825,877 shares of Lake Shore Bancorp common stock are expected to be outstanding before adjustment for fractional shares.

    Stockholders of Lake Shore Federal Bancorp holding shares in street name will receive shares of Lake Shore Bancorp common stock and cash in lieu of fractional shares within their accounts. Stockholders of Lake Shore Federal Bancorp holding shares in certificated form will be mailed a letter of transmittal on or about July 21, 2025. After submitting their stock certificates and a properly completed letter of transmittal to Computershare, stockholders will receive DRS Book-Entry statements reflecting their shares of Lake Shore Bancorp common stock and checks for cash in lieu of fractional shares.

    Luse Gorman, PC has acted as legal counsel to Lake Shore Bancorp and Lake Shore Federal Bancorp. Raymond James & Associates, Inc. has acted as marketing agent for Lake Shore Bancorp in the subscription offering. Kilpatrick Townsend & Stockton LLP has acted as legal counsel to Raymond James & Associates, Inc.

    About Lake Shore
      
    Lake Shore Federal Bancorp is the mid-tier holding company of Lake Shore Savings Bank, a federally chartered, community-oriented financial institution headquartered in Dunkirk, New York. The Bank has ten full-service branch locations in Western New York, including four in Chautauqua County and six in Erie County. The Bank offers a broad range of retail and commercial lending and deposit services. Lake Shore Federal Bancorp’s common stock is traded on the NASDAQ Global Market as “LSBK”. Additional information about Lake Shore Federal Bancorp is available at www.lakeshoresavings.com.

    Safe-Harbor

    This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are based on current expectations, estimates and projections about Lake Shore Federal Bancorp’s, Lake Shore Bancorp, Inc.’s (collectively, the “Company”) and the Bank’s industry, and management’s beliefs and assumptions. Words such as anticipates, expects, intends, plans, believes, estimates and variations of such words and expressions are intended to identify forward-looking statements. Such statements reflect management’s current views of future events and operations. These forward-looking statements are based on information currently available to the Company as of the date of this release. It is important to note that these forward-looking statements are not guarantees of future performance and involve and are subject to significant risks, contingencies, and uncertainties, many of which are difficult to predict and are generally beyond our control including, but not limited to, delays in closing the conversion and stock offering; possible unforeseen delays in delivering DRS Book-Entry statements or interest checks; and/or delays in the start of trading due to market disruptions or otherwise, data loss or other security breaches, including a breach of our operational or security systems, policies or procedures, including cyber-attacks on us or on our third party vendors or service providers, economic conditions, the effect of changes in monetary and fiscal policy, inflation, tariffs, unanticipated changes in our liquidity position, climate change, geopolitical conflicts, public health issues, increased unemployment, deterioration in the credit quality of the loan portfolio and/or the value of the collateral securing repayment of loans, reduction in the value of investment securities, the cost and ability to attract and retain key employees, regulatory or legal developments, tax policy changes, dividend policy changes and our ability to implement and execute our business plan and strategy and expand our operations. These factors should be considered in evaluating forward looking statements and undue reliance should not be placed on such statements, as our financial performance could differ materially due to various risks or uncertainties. We do not undertake to publicly update or revise our forward-looking statements if future changes make it clear that any projected results expressed or implied therein will not be realized.

    Legal Disclosures

    The shares of common stock of Lake Shore Bancorp, Inc. are not savings accounts or deposit accounts and are not insured by the Federal Deposit Insurance Corporation or by any other governmental agency.

    Source: Lake Shore Bancorp, Inc.
    Category: Financial

    Investor Relations/Media Contact
    Kim C. Liddell
    President, CEO, and Director
    Lake Shore Bancorp, Inc.
    31 East Fourth Street
    Dunkirk, New York 14048
    (716) 366-4070 ext. 1012

    The MIL Network –

  • MIL-OSI: Altus Group to Release Q2 2025 Financial Results on August 7

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 08, 2025 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus Group” or “the Company”) (TSX: AIF) announced today it plans to release its financial results for the second quarter ended June 30, 2025 after market close on Thursday, August 7, 2025. Altus Group’s management team will host a conference call at 5:00 p.m. (ET) the same day to discuss the results.

    Analysts who wish to ask questions during the call can participate by telephone at 1-888-660-6785 (conference ID: 8366990). A live and archived webcast of the call with be available on the Investor Relations section of the Company’s website at: https://www.altusgroup.com/investor-relations/.

    About Altus Group

    Altus connects data, analytics, applications and expertise to deliver the intelligence necessary to drive optimal CRE performance. The industry’s top leaders rely on our market-leading solutions and expertise to power performance and mitigate risk. Our global team of ~2,000 experts are making a lasting impact on an industry undergoing unprecedented change – helping shape the cities where we live, work, and build thriving communities. For more information about Altus (TSX: AIF) please visit www.altusgroup.com.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Martin Miasko
    Sr. Director, Investor Relations and Strategy, Altus Group
    (647)-267-9176
    martin.miasko@altusgroup.com

    The MIL Network –

  • MIL-OSI: Oyster Enterprises II Acquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing July 11, 2025

    Source: GlobeNewswire (MIL-OSI)

    Miami, Florida, July 08, 2025 (GLOBE NEWSWIRE) — Oyster Enterprises II Acquisition Corp (Nasdaq: OYSEU) (the “Company”) announced today that, commencing July 11, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and rights included in the units. The Class A ordinary shares and rights that are separated will trade on the Nasdaq Global Market under the symbols “OYSE” and “OYSER,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “OYSEU.”

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

    About Oyster Enterprises II Acquisition Corp

    Oyster Enterprises II Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business, industry, sector or geographical location, but is focused on industries that align with the background of the Company’s management team and advisor, including technology, media, entertainment, sports, consumer products, financial services, real estate and hospitality. The Company will also focus on AI companies positioned to complement or disrupt those industries, as well as companies within the digital assets and blockchain ecosystem.

    Forward-Looking Statements

    This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Company Contact

    Oyster Enterprises II Acquisition Corp
    801 Brickell Avenue, 8th Floor
    Miami, Florida, 33131
    Attn: Mario Zarazua, CEO and Vice Chairman
    mario@oysteracquisition.com
    (786) 744-7720
    www.oysteracquisition.com

    The MIL Network –

  • MIL-OSI USA: Kennedy, Cassidy introduce resolution celebrating LSU Shreveport baseball’s championship, perfect season

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)
    WASHINGTON – Sens. John Kennedy (R-La.) and Bill Cassidy (R-La.) today introduced a resolution celebrating the Louisiana State University Shreveport (LSU Shreveport) Pilots’ perfect season, 59-0 win streak and National Association of Intercollegiate Athletics (NAIA) championship win.
    “The LSU Shreveport Pilots are what ‘cool’ looks like. This baseball team capped off an undefeated season and the longest win streak in college baseball history with an NAIA championship. That’s an achievement that deserves Senate recognition. Geaux Pilots!” said Kennedy.
    “The 2025 LSU Shreveport Pilots made history by doing something no other collegiate baseball team has ever done: going a perfect 59-0. These young men and their coaches earned every win and made all of Louisiana proud. Geaux Pilots!” said Cassidy. 
    “We are incredibly proud of our Pilots Baseball Team members. The word, ‘lose’ is simply not in their vocabulary. No college baseball team has ever before gone an entire season without a single loss and I suspect none ever will again. These student athletes have thus secured for themselves a place in college sports history,” said Robert T. Smith, Chancellor of LSU Shreveport.
    “We are extremely honored and excited to receive this recognition! We had an incredible year, which was the result of all the incredible people involved. This has been a very rewarding time for our University, the city of Shreveport and our program. The players are extremely deserving of the praise they have been given and they are more than deserving of it! We want to thank everyone involved and we look forward to continuing the success!” said Brad Neffendorf, head coach of the LSU Shreveport Pilots baseball program.
    The full text of the resolution is available here.

    MIL OSI USA News –

  • PM Modi holds ‘fruitful talks’ with Brazilian President Lula in Brasilia, discusses wide range of subjects

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Tuesday met Brazilian President Luiz Inácio Lula da Silva in Brasilia, during which both leaders discussed ways to deepen trade ties and diversify bilateral trade.

    “Held fruitful talks with President Lula, who has always been passionate about the India-Brazil friendship. Our talks included ways to deepen trade ties and diversify bilateral trade. We both agree that there is immense scope for such linkages to thrive in the coming times,” PM Modi said in a post on X.

    “Clean energy, sustainable development and overcoming climate change were also prominent topics of discussion. Other areas where we will work even more closely include defence, security, AI and agriculture. India-Brazil cooperation in space, semiconductors and DPI will benefit our people,” PM Modi added.

  • MIL-Evening Report: Can a pizza box go in the yellow bin – or not? An expert answers this and other messy recycling questions

    Source: The Conversation (Au and NZ) – By Pooria Pasbakhsh, Research Fellow in Polymer Upcycling, The University of Melbourne

    ViDCan/Shutterstock

    Have you ever gone to toss something into the recycling bin – a jam jar, a pizza box, a takeaway container encrusted with yesterday’s lunch – and wondered if you’re doing it right? Perhaps you asked yourself: should I scrub the jar with hot water? Scrape the mozzarella off the box? Wash off that palak paneer?

    Research shows most Australians believe they are good recyclers. But only 25% of people separate waste correctly and up to 35% of recycling goes to landfill unnecessarily. And one in four Australians tends not to rinse or empty food containers before sending them to the bin.

    The problem is not helped by different recycling practices between councils, which causes public confusion.

    So just how well does recycling need to be rinsed? What should you do with your plastic lids and pizza boxes? And will robots one day work it all out for us?

    One in four Australians tends not to rinse or empty food containers before recycling them.
    ThamKC/Shutterstock

    The problem of contamination

    Mechanical recycling methods – such as shredding and melting – struggle to operate when food and other residues are present.

    In fact, one spoiled item might ruin the entire cycling batch. Queensland’s Goondiwindi Regional Council, for example, said nearly a quarter of its kerbside recyclables collected in 2022–23 was contaminated and sent to landfill.

    Some councils use “advanced materials recovery” that can tolerate lightly soiled recyclables. These facilities use mechanical and automated sorting processes, including optical sorters and artificial intelligence.

    But other councils still rely on human sorting, or basic mechanical systems, which require items to be relatively clean.

    Some recycling is still sorted by hand.
    Adwo/Shutterstock

    Be a tip-top recycler

    While local recycling capabilities come into play, as a general rule, rinse containers when you can. As well as avoiding contamination, it helps reduce smells and keep bins clean.

    The best pre-cleaning method for recycling depends on the type of packaging.

    Paper and cardboard: these items must be clean and dry – no exceptions. Paper and cardboard absorbs contamination more than other materials. So if it gets wet or greasy, it can’t be recycled – though it may be compostable.

    So for pizza boxes, for example, recycle the clean parts and bin the parts that are greasy or have food stuck to them.

    Unfortunately, traditional cardboard coffee cups are not usually recyclable in Australia. That’s because the plastic lining inside is bonded tightly to the paper, making it difficult to separate during standard paper recycling.

    However in some areas, programs such as Simply Cups collect coffee cups and recycle them into sustainable products such as asphalt, concrete and building products.

    And in some states, such as South Australia and Western Australia, single-use cups lined with polymer are banned and only compostable cups can be used.

    The plastic lining in disposable coffee cups is tightly bonded to the paper, making recycling difficult.
    maxbelchenko/Shutterstock

    Glass and metals: these items are washed and processed at extremely high temperatures, so can tolerate a bit of residue. But too much residue can contaminate paper and cardboard in the bin. So rinse glass and plastic to remove visible food and empty liquids. Just a quick rinse is enough – there’s no need to scrub or use hot water.

    But not all glass and metals can be recycled. Mirrors and light bulbs, for instance, are treated in such a way that they melt at different temperatures to other glass. So check before you chuck.

    Plastics: rinse plastics before putting them in the recycling bin. It’s important to know that the numbers 1 to 7 on plastics, inside a recycling symbol, do not necessarily mean the item can be recycled in your area. The number is a code that identifies what plastic the item is made from. Check if your council can recycle that type of plastic.

    Complicating matters further is the question of plastic lids. On this, guidelines differ across Australia, so check your local rules.

    Some councils recycle plastic coffee-cup lids while others don’t.

    Likewise, the rules on plastic bottle lids differ. Some councils allow bottle-lid recycling, but even then, the processes vary. In the Australian Capital territory, for example, a lid larger than a credit card can be put in the recycling bin, but consumers are asked to remove the lid from the bottle. But Brisbane City Council asks consumers to leave the lids on.

    Meanwhile, organisations such as Lids4Kids collect plastic lids and make them into new products.

    Some organisations collect plastic lids and make them into new products.
    Chutima Chaochaiya/Shutterstock

    The future of recycling

    Recycling methods are evolving.

    Advanced chemical recycling breaks plastic down into its chemical building blocks. It can process plastic types that traditional methods can’t, such as soft plastics, and turn it into valuable new products.

    AI and automation are also reshaping recycling, by improving sorting and reducing contamination. And closed-loop washing systems, which filter and reuse water, can clean lightly soiled recyclables.

    Other innovations are emerging, too, such as dissolvable packaging and AI-enabled “smart bins” that might one day identify and sort materials – and maybe even tell consumers if items need rinsing!

    And goods can also be “upcycled” into higher value products such as “nanomaterials” or hydrogen.

    But upcycling still requires clean, well-sorted streams to be viable. And until all these technologies are widespread, each of us must help keep our recycling systems working well.

    Pooria Pasbakhsh is also affiliated with Monash University Malaysia as an Adjunct Associate Professor. He received funding from CRC-P project entitled “Upcycling of Convoluted Subsea Flexible Flow Lines”, Grant number: 108439.

    – ref. Can a pizza box go in the yellow bin – or not? An expert answers this and other messy recycling questions – https://theconversation.com/can-a-pizza-box-go-in-the-yellow-bin-or-not-an-expert-answers-this-and-other-messy-recycling-questions-258301

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Can a pizza box go in the yellow bin – or not? An expert answers this and other messy recycling questions

    Source: The Conversation (Au and NZ) – By Pooria Pasbakhsh, Research Fellow in Polymer Upcycling, The University of Melbourne

    ViDCan/Shutterstock

    Have you ever gone to toss something into the recycling bin – a jam jar, a pizza box, a takeaway container encrusted with yesterday’s lunch – and wondered if you’re doing it right? Perhaps you asked yourself: should I scrub the jar with hot water? Scrape the mozzarella off the box? Wash off that palak paneer?

    Research shows most Australians believe they are good recyclers. But only 25% of people separate waste correctly and up to 35% of recycling goes to landfill unnecessarily. And one in four Australians tends not to rinse or empty food containers before sending them to the bin.

    The problem is not helped by different recycling practices between councils, which causes public confusion.

    So just how well does recycling need to be rinsed? What should you do with your plastic lids and pizza boxes? And will robots one day work it all out for us?

    One in four Australians tends not to rinse or empty food containers before recycling them.
    ThamKC/Shutterstock

    The problem of contamination

    Mechanical recycling methods – such as shredding and melting – struggle to operate when food and other residues are present.

    In fact, one spoiled item might ruin the entire cycling batch. Queensland’s Goondiwindi Regional Council, for example, said nearly a quarter of its kerbside recyclables collected in 2022–23 was contaminated and sent to landfill.

    Some councils use “advanced materials recovery” that can tolerate lightly soiled recyclables. These facilities use mechanical and automated sorting processes, including optical sorters and artificial intelligence.

    But other councils still rely on human sorting, or basic mechanical systems, which require items to be relatively clean.

    Some recycling is still sorted by hand.
    Adwo/Shutterstock

    Be a tip-top recycler

    While local recycling capabilities come into play, as a general rule, rinse containers when you can. As well as avoiding contamination, it helps reduce smells and keep bins clean.

    The best pre-cleaning method for recycling depends on the type of packaging.

    Paper and cardboard: these items must be clean and dry – no exceptions. Paper and cardboard absorbs contamination more than other materials. So if it gets wet or greasy, it can’t be recycled – though it may be compostable.

    So for pizza boxes, for example, recycle the clean parts and bin the parts that are greasy or have food stuck to them.

    Unfortunately, traditional cardboard coffee cups are not usually recyclable in Australia. That’s because the plastic lining inside is bonded tightly to the paper, making it difficult to separate during standard paper recycling.

    However in some areas, programs such as Simply Cups collect coffee cups and recycle them into sustainable products such as asphalt, concrete and building products.

    And in some states, such as South Australia and Western Australia, single-use cups lined with polymer are banned and only compostable cups can be used.

    The plastic lining in disposable coffee cups is tightly bonded to the paper, making recycling difficult.
    maxbelchenko/Shutterstock

    Glass and metals: these items are washed and processed at extremely high temperatures, so can tolerate a bit of residue. But too much residue can contaminate paper and cardboard in the bin. So rinse glass and plastic to remove visible food and empty liquids. Just a quick rinse is enough – there’s no need to scrub or use hot water.

    But not all glass and metals can be recycled. Mirrors and light bulbs, for instance, are treated in such a way that they melt at different temperatures to other glass. So check before you chuck.

    Plastics: rinse plastics before putting them in the recycling bin. It’s important to know that the numbers 1 to 7 on plastics, inside a recycling symbol, do not necessarily mean the item can be recycled in your area. The number is a code that identifies what plastic the item is made from. Check if your council can recycle that type of plastic.

    Complicating matters further is the question of plastic lids. On this, guidelines differ across Australia, so check your local rules.

    Some councils recycle plastic coffee-cup lids while others don’t.

    Likewise, the rules on plastic bottle lids differ. Some councils allow bottle-lid recycling, but even then, the processes vary. In the Australian Capital territory, for example, a lid larger than a credit card can be put in the recycling bin, but consumers are asked to remove the lid from the bottle. But Brisbane City Council asks consumers to leave the lids on.

    Meanwhile, organisations such as Lids4Kids collect plastic lids and make them into new products.

    Some organisations collect plastic lids and make them into new products.
    Chutima Chaochaiya/Shutterstock

    The future of recycling

    Recycling methods are evolving.

    Advanced chemical recycling breaks plastic down into its chemical building blocks. It can process plastic types that traditional methods can’t, such as soft plastics, and turn it into valuable new products.

    AI and automation are also reshaping recycling, by improving sorting and reducing contamination. And closed-loop washing systems, which filter and reuse water, can clean lightly soiled recyclables.

    Other innovations are emerging, too, such as dissolvable packaging and AI-enabled “smart bins” that might one day identify and sort materials – and maybe even tell consumers if items need rinsing!

    And goods can also be “upcycled” into higher value products such as “nanomaterials” or hydrogen.

    But upcycling still requires clean, well-sorted streams to be viable. And until all these technologies are widespread, each of us must help keep our recycling systems working well.

    Pooria Pasbakhsh is also affiliated with Monash University Malaysia as an Adjunct Associate Professor. He received funding from CRC-P project entitled “Upcycling of Convoluted Subsea Flexible Flow Lines”, Grant number: 108439.

    – ref. Can a pizza box go in the yellow bin – or not? An expert answers this and other messy recycling questions – https://theconversation.com/can-a-pizza-box-go-in-the-yellow-bin-or-not-an-expert-answers-this-and-other-messy-recycling-questions-258301

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: XFG could become the next dominant COVID variant. Here’s what to know about ‘Stratus’

    Source: The Conversation (Au and NZ) – By Paul Griffin, Professor, Infectious Diseases and Microbiology, The University of Queensland

    visualspace/Getty Images

    Given the number of times this has happened already, it should come as little surprise that we’re now faced with yet another new subvariant of SARS-CoV-2, the virus responsible for COVID.

    This new subvariant is known as XFG (nicknamed “Stratus”) and the World Health Organization (WHO) designated it a “variant under monitoring” in late June. XFG is a subvariant of Omicron, of which there are now more than 1,000.

    A “variant under monitoring” signifies a variant or subvariant which needs prioritised attention and monitoring due to characteristics that may pose an additional threat compared to other circulating variants.

    XFG was one of seven variants under monitoring as of June 25. The most recent addition before XFG was NB.1.8.1 (nicknamed “Nimbus”), which the WHO declared a variant under monitoring on May 23.

    Both nimbus and stratus are types of clouds.

    Nimbus is currently the dominant subvariant worldwide – but Stratus is edging closer. So what do you need to know about Stratus, or XFG?

    A recombinant variant

    XFG is a recombinant of LF.7 and LP.8.1.2 which means these two subvariants have shared genetic material to come up with the new subvariant. Recombinants are designated with an X at the start of their name.

    While recombination and other spontaneous changes happen often with SARS-CoV-2, it becomes a problem when it creates a subvariant that is changed in such a way that its properties cause more problems for us.

    Most commonly this means the virus looks different enough that protection from past infection (and vaccination) doesn’t work so well, called immune evasion. This basically means the population becomes more susceptible and can lead to an increase in cases, and even a whole new wave of COVID infections across the world.

    XFG has four key mutations in the spike protein, a protein on the surface of SARS-CoV-2 which allows it to attach to our cells. Some are believed to enhance evasion by certain antibodies.

    Early laboratory studies have suggested a nearly two-fold reduction in how well antibodies block the virus compared to LP.8.1.1.

    Where is XFG spreading?

    The earliest XFG sample was collected on January 27.

    As of June 22, there were 1,648 XFG sequences submitted to GISAID from 38 countries (GISAID is the global database used to track the prevalence of different variants around the world). This represents 22.7% of the globally available sequences at the time.

    This was a significant rise from 7.4% four weeks prior and only just below the proportion of NB.1.8.1 at 24.9%. Given the now declining proportion of viral sequences of NB.1.8.1 overall, and the rapid rise of XFG, it would seem reasonable to expect XFG to become dominant very soon.

    According to Australian data expert Mike Honey, the countries showing the highest rates of detection of XFG as of mid-June include India at more than 50%, followed by Spain at 42%, and the United Kingdom and United States, where the subvariant makes up more than 30% of cases.

    In Australia as of June 29, NB.1.8.1 was the dominant subvariant, accounting for 48.6% of sequences. In the most recent report from Australia’s national genomic surveillance platform, there were 24 XFG sequences with 12 collected in the last 28 days meaning it currently comprises approximately 5% of sequences.

    The big questions

    When we talk about a new subvariant, people often ask questions including if it’s more severe or causes new or different symptoms compared to previous variants. But we’re still learning about XFG and we can’t answer these questions with certainty yet.

    Some sources have reported XFG may be more likely to course “hoarseness” or a scratchy or raspy voice. But we need more information to know if this association is truly significant.

    Notably, there’s no evidence to suggest XFG causes more severe illness compared to other variants in circulation or that it is necessarily any more transmissible.

    Will vaccines still work against XFG?

    Relatively frequent changes to the virus means we have continued to update the COVID vaccines. The most recent update, which targets the JN.1 subvariant, became available in Australia from late 2024. XFG is a descendant of the JN.1 subvariant.

    Fortunately, based on the evidence available so far, currently approved COVID vaccines are expected to remain effective against XFG, particularly against symptomatic and severe disease.

    Because of SARS-CoV-2’s continued evolution, the effect of this on our immune response, as well as the fact protection from COVID vaccines declines over time, COVID vaccines are offered regularly, and recommended for those at the highest risk.

    One of the major challenges we face at present in Australia is low COVID vaccine uptake. While rates have increased somewhat recently, they remain relatively low, with only 32.3% of people aged 75 years and over having received a vaccine in the past six months. Vaccination rates in younger age groups are significantly lower.

    Although the situation with XFG must continue to be monitored, at present the WHO has assessed the global risk posed by this subvariant as low. The advice for combating COVID remains unchanged, including vaccination as recommended and the early administration of antivirals for those who are eligible.

    Measures to reduce the risk of transmission, particularly wearing masks in crowded indoor settings and focusing on air quality and ventilation, are worth remembering to protect against COVID and other viral infections.

    Paul Griffin has been the principal investigator for clinical trials of 8 COVID-19 vaccines. He has previously participated in medical advisory boards for COVID-19 vaccines. Paul Griffin is a director and medical advisory board member of the immunisation coalition.

    – ref. XFG could become the next dominant COVID variant. Here’s what to know about ‘Stratus’ – https://theconversation.com/xfg-could-become-the-next-dominant-covid-variant-heres-what-to-know-about-stratus-260499

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: American science is in crisis. It’s a great opportunity for Australia to snap up top scientists

    Source: The Conversation (Au and NZ) – By Kylie Walker, Visiting Fellow, National Centre for the Public Awareness of Science, Australian National University

    Stellalevi / Getty Images

    Science in the United States in in trouble. The National Science Foundation, a key research funding agency, has suffered devastating funding cuts under the current administration. Critics say the cuts risk losing an entire generation of young scientists.

    In addition, about 280,000 scientists and engineers have been affected by US federal workforce cuts. Billions of dollars in further cuts have been proposed to US hospitals, universities and research institutions.

    The US has long been the global destination for science. But perhaps no longer. The rest of the world, including Australia, is looking to lure scientists from the US.

    And many of those scientists are looking to move. In March, a Nature survey suggested more than 75% of US researchers were considering leaving the country.

    What moves are under way to capitalise on this American brain drain? Where does Australia sit – and, importantly, are we doing enough?

    What are other countries doing?

    In May, the European Commission announced a two-year, €500 million package to woo scientists and researchers called Choose Europe. The announcement of the package highlighted how “academic and scientific freedom is increasingly under threat”, and offers researchers higher allowances, longer contracts and reduced regulatory barriers to innovation.

    Canada also has active efforts. The Toronto-based University Hospital Network, for example, aims to raise C$30 million to attract and recruit clinician scientists and medical talent.

    China, too, is actively seeking US scientists with dedicated recruitment programs and large salaries. This is accelerating the existing trend of Chinese-born scientists leaving the US.

    Programs such as the EU’s and Canada’s ostensibly aim to attract and recruit top talent from “around the world”. Given the timing, however, it’s no secret which country’s scientists they have their eyes on.

    What about Australia?

    In Australia, the scientific community is understandably concerned about events in the US and their impact on Australian research. The US is Australia’s largest research partner, with a conservatively estimated A$386 million in funding for Australian research organisations coming from the US government.

    At the same time, the US cuts represent an opportunity for Australia as for other countries. The Australian Academy of Science recently launched its Global Talent Attraction Program to take advantage of “a rare opportunity to strengthen our nation by attracting world-leading researchers to our shores”. The program will offer relocation packages for selected researchers, together with research funding, access to Australian infrastructure and family relocation support.

    As well as attracting US talent, it may also be an opportunity to reverse the brain drain and bring back talented Australians who may have moved to the US for what were once better career prospects.

    The global picture

    Attracting, recruiting and retaining US researchers and innovators at all levels is the right thing for Australia to pursue right now. But broader international relationships are also worth some effort, including with countries in our region such as Japan, South Korea and Singapore, as well as in Europe.

    These can be facilitated through existing initiatives such as the strategic arm of the Global Science and Technology Diplomacy Fund. Backed by the Australian government and delivered by the Australian Academy of Technological Sciences and Engineering (where I am the CEO) and the Australian Academy of Science, the fund brings together innovators and research initiatives in priority partner countries and Australia. Areas of interest include advanced manufacturing, artificial intelligence and hydrogen production.

    With the US pulling out of international collaborations, there is a chance for Australia to establish itself as a science and technology hub within our region.

    Australia has much to offer the world. We can provide insights into the behaviour and management of bushfires, floods and droughts. We bring a sophisticated understanding of extreme weather modelling, and are a global gateway to exceptional oceans and atmospheric research.

    We have huge clout in renewable energy and battery technologies. Australian-invented solar panels represent the majority of household solar around the world and Australian batteries technology is among the best.

    Australian researchers, policymakers and citizens are right to be concerned by what’s happening in the US. But we don’t need to wait anxiously. We have an extremely rare opportunity to foster talent in Australia on our terms.

    Kylie Walker is CEO of the Australian Academy of Technological Sciences and Engineering and previously worked for the Australian Academy of Science (2011–2016).

    – ref. American science is in crisis. It’s a great opportunity for Australia to snap up top scientists – https://theconversation.com/american-science-is-in-crisis-its-a-great-opportunity-for-australia-to-snap-up-top-scientists-260593

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Europe: Written question – The EU continuing to fund enemies of the Member States – E-002669/2025

    Source: European Parliament

    Question for written answer  E-002669/2025
    to the Commission
    Rule 144
    Jordan Bardella (PfE)

    In May 2023, the European Union welcomed the award of a grant to the Malagasy NGO ‘Transparency International Initiative Madagascar’ to help it establish a project called MAIKA[1].

    On 29 June 2025, the NGO issued a press release in which it publicly expressed its support for Madagascar’s claim on the Scattered Islands, against the backdrop of meetings between France and Madagascar on the subject. The Scattered Islands archipelago, which has been French since the Third Republic, is of major geostrategic importance given its significant marine resources and its strategic position at the entrance to the Mozambique Channel.

    It should be noted that the Scattered Islands were never part of Madagascar’s territory before independence in 1960. These ongoing claims by such organisations represent a clear interference in the internal affairs of a founding Member State of the European Union, at the same time as undermining stability in the Indo-Pacific region.

    • 1.What criteria were used to justify the award of this grant?
    • 2.In the light of the information published in recent days, does the Commission intend to suspend its grant to Transparency International Initiative Madagascar?

    Submitted: 1.7.2025

    • [1] https://2424.mg/news/lutte-contre-la-corruption-lunion-europeenne-soutient-le-projet-maika/
    Last updated: 8 July 2025

    MIL OSI Europe News –

  • MIL-OSI: PS Miner announces rapid progress in its AI cloud mining infrastructure after raising $350 million in Series B funding

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 08, 2025 (GLOBE NEWSWIRE) — PS Miner, a UK cloud mining platform headquartered in Southwark, London, was founded in 2019. On July 1, 2025, it announced the successful completion of its Series B financing, receiving $350 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in blockchain and sustainable technology.
    The company said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.
    PS Miner currently operates more than 50 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar energy, in line with the company’s environmentally sustainable mining strategy. The platform serves more than 7 million users in more than 180 countries and regions.
    Cloud Mining Overview
    Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires a lot of capital investment and technical expertise.
    Open the website: psminer.com, and you can get a mining experience contract worth $12 after registration.
    PS Miner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH. The mining business is fully managed by the company, including hardware maintenance and infrastructure operations.
    Integration of AI
    Integrating AI into PS Miner’s cloud mining framework aims to optimize resource allocation and performance in real time. This approach is expected to reduce power consumption in renewable energy centers and improve system responsiveness.
    The company has stated that it plans to expand its green data center layout in Europe, North America and Asia. These centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.
    Mining Contract Structure
    PS Miner offers a variety of cloud mining contract options. These contracts vary in terms of duration and computing power allocation. After the contract is activated, mining income is settled on a daily basis, and the contract principal is returned when the contract expires.
    The existing contract levels include terms of 1 to 60 days, and are adjusted accordingly based on the scale of calculations and expected net income. For more details on cloud mining contracts, please visit: https://psminer.com/project
    Here are some of the contract displays:

    For more information, please contact online customer service or send a message to PS Miner’s corporate email: info@psminer.com
    Official website: https://psminer.com/

    Attachment

    The MIL Network –

  • MIL-OSI: PS Miner announces rapid progress in its AI cloud mining infrastructure after raising $350 million in Series B funding

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 08, 2025 (GLOBE NEWSWIRE) — PS Miner, a UK cloud mining platform headquartered in Southwark, London, was founded in 2019. On July 1, 2025, it announced the successful completion of its Series B financing, receiving $350 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in blockchain and sustainable technology.
    The company said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.
    PS Miner currently operates more than 50 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar energy, in line with the company’s environmentally sustainable mining strategy. The platform serves more than 7 million users in more than 180 countries and regions.
    Cloud Mining Overview
    Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires a lot of capital investment and technical expertise.
    Open the website: psminer.com, and you can get a mining experience contract worth $12 after registration.
    PS Miner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH. The mining business is fully managed by the company, including hardware maintenance and infrastructure operations.
    Integration of AI
    Integrating AI into PS Miner’s cloud mining framework aims to optimize resource allocation and performance in real time. This approach is expected to reduce power consumption in renewable energy centers and improve system responsiveness.
    The company has stated that it plans to expand its green data center layout in Europe, North America and Asia. These centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.
    Mining Contract Structure
    PS Miner offers a variety of cloud mining contract options. These contracts vary in terms of duration and computing power allocation. After the contract is activated, mining income is settled on a daily basis, and the contract principal is returned when the contract expires.
    The existing contract levels include terms of 1 to 60 days, and are adjusted accordingly based on the scale of calculations and expected net income. For more details on cloud mining contracts, please visit: https://psminer.com/project
    Here are some of the contract displays:

    For more information, please contact online customer service or send a message to PS Miner’s corporate email: info@psminer.com
    Official website: https://psminer.com/

    Attachment

    The MIL Network –

  • MIL-OSI: PS Miner announces rapid progress in its AI cloud mining infrastructure after raising $350 million in Series B funding

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 08, 2025 (GLOBE NEWSWIRE) — PS Miner, a UK cloud mining platform headquartered in Southwark, London, was founded in 2019. On July 1, 2025, it announced the successful completion of its Series B financing, receiving $350 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in blockchain and sustainable technology.
    The company said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.
    PS Miner currently operates more than 50 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar energy, in line with the company’s environmentally sustainable mining strategy. The platform serves more than 7 million users in more than 180 countries and regions.
    Cloud Mining Overview
    Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires a lot of capital investment and technical expertise.
    Open the website: psminer.com, and you can get a mining experience contract worth $12 after registration.
    PS Miner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH. The mining business is fully managed by the company, including hardware maintenance and infrastructure operations.
    Integration of AI
    Integrating AI into PS Miner’s cloud mining framework aims to optimize resource allocation and performance in real time. This approach is expected to reduce power consumption in renewable energy centers and improve system responsiveness.
    The company has stated that it plans to expand its green data center layout in Europe, North America and Asia. These centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.
    Mining Contract Structure
    PS Miner offers a variety of cloud mining contract options. These contracts vary in terms of duration and computing power allocation. After the contract is activated, mining income is settled on a daily basis, and the contract principal is returned when the contract expires.
    The existing contract levels include terms of 1 to 60 days, and are adjusted accordingly based on the scale of calculations and expected net income. For more details on cloud mining contracts, please visit: https://psminer.com/project
    Here are some of the contract displays:

    For more information, please contact online customer service or send a message to PS Miner’s corporate email: info@psminer.com
    Official website: https://psminer.com/

    Attachment

    The MIL Network –

  • MIL-OSI: PS Miner announces rapid progress in its AI cloud mining infrastructure after raising $350 million in Series B funding

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 08, 2025 (GLOBE NEWSWIRE) — PS Miner, a UK cloud mining platform headquartered in Southwark, London, was founded in 2019. On July 1, 2025, it announced the successful completion of its Series B financing, receiving $350 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in blockchain and sustainable technology.
    The company said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.
    PS Miner currently operates more than 50 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar energy, in line with the company’s environmentally sustainable mining strategy. The platform serves more than 7 million users in more than 180 countries and regions.
    Cloud Mining Overview
    Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires a lot of capital investment and technical expertise.
    Open the website: psminer.com, and you can get a mining experience contract worth $12 after registration.
    PS Miner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH. The mining business is fully managed by the company, including hardware maintenance and infrastructure operations.
    Integration of AI
    Integrating AI into PS Miner’s cloud mining framework aims to optimize resource allocation and performance in real time. This approach is expected to reduce power consumption in renewable energy centers and improve system responsiveness.
    The company has stated that it plans to expand its green data center layout in Europe, North America and Asia. These centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.
    Mining Contract Structure
    PS Miner offers a variety of cloud mining contract options. These contracts vary in terms of duration and computing power allocation. After the contract is activated, mining income is settled on a daily basis, and the contract principal is returned when the contract expires.
    The existing contract levels include terms of 1 to 60 days, and are adjusted accordingly based on the scale of calculations and expected net income. For more details on cloud mining contracts, please visit: https://psminer.com/project
    Here are some of the contract displays:

    For more information, please contact online customer service or send a message to PS Miner’s corporate email: info@psminer.com
    Official website: https://psminer.com/

    Attachment

    The MIL Network –

  • MIL-OSI: UPDATE – KingsRock Advisors Announces Dr. Josef Ackermann as Chairman of New Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise

    Source: GlobeNewswire (MIL-OSI)

    – This Strengthens KingsRock’s Business Across Geographies and Industries

    NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board chaired by Dr. Josef Ackermann, previously the long-term CEO of Deutsche Bank. Furthermore, the firm announced a series of new Senior Hires, additional Senior Advisors, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business across industries, geographies, and capital structures.

    We are pleased to welcome Dr. Josef Ackermann as Chairman and the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:

    Dr. Josef Ackermann Zurich, former Chairman of the Management Board, Deutsche Bank
    Fred Brettschneider New York, former Head of Deutsche Bank Global Markets Americas
    Yassine Bouhara Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
    Kevin Parker New York, CEO SICM,  former CEO of Deutsche Asset Management
    Bernardo Parnes Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
    Jon Vaccaro Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
    Seth Waugh Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
       

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:

    David Barcus New York, former BNP and Raymond James
    John Doyamis New York, former EBG, and Bear Stearns
    Leo-Hendrik Greve Amsterdam, former ING, Citi and MS
    Rony Jawhar Dubai, former Arqaam and Deutsche Bank
    Bray Kelly New York, former JBK Capital and UBS
    Joe Lovrics Madrid, former Societe General, Citi, and BNP
    Bill Miller New York, Commerce Street, TPG Sixth Street, Citi
    Hans Narberhaus Madrid, former Deutsche Bank 
    Laurent Quelin London, former Chenavari, and CS
    Francois-Louise Ricard Paris, former Groupe Caisse des Depots, MS and SG
    Jorge de los Rios Madrid, former Santander, S&P and Lehman
    Mike Turnbull London, former StormHarbour, BAML and MS
    Andrew Whittaker New York, Lazard, GSAM and Lehman 
       

    In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.

    We also welcome George Parker, New York, as Senior Advisor for Operations.

    This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.

    Expansion of our Global Network of Senior Advisors

    We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.

    This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.

    We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.

    “We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.

    KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.

    KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.

    The MIL Network –

  • MIL-OSI: UPDATE – KingsRock Advisors Announces Dr. Josef Ackermann as Chairman of New Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise

    Source: GlobeNewswire (MIL-OSI)

    – This Strengthens KingsRock’s Business Across Geographies and Industries

    NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board chaired by Dr. Josef Ackermann, previously the long-term CEO of Deutsche Bank. Furthermore, the firm announced a series of new Senior Hires, additional Senior Advisors, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business across industries, geographies, and capital structures.

    We are pleased to welcome Dr. Josef Ackermann as Chairman and the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:

    Dr. Josef Ackermann Zurich, former Chairman of the Management Board, Deutsche Bank
    Fred Brettschneider New York, former Head of Deutsche Bank Global Markets Americas
    Yassine Bouhara Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
    Kevin Parker New York, CEO SICM,  former CEO of Deutsche Asset Management
    Bernardo Parnes Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
    Jon Vaccaro Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
    Seth Waugh Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
       

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:

    David Barcus New York, former BNP and Raymond James
    John Doyamis New York, former EBG, and Bear Stearns
    Leo-Hendrik Greve Amsterdam, former ING, Citi and MS
    Rony Jawhar Dubai, former Arqaam and Deutsche Bank
    Bray Kelly New York, former JBK Capital and UBS
    Joe Lovrics Madrid, former Societe General, Citi, and BNP
    Bill Miller New York, Commerce Street, TPG Sixth Street, Citi
    Hans Narberhaus Madrid, former Deutsche Bank 
    Laurent Quelin London, former Chenavari, and CS
    Francois-Louise Ricard Paris, former Groupe Caisse des Depots, MS and SG
    Jorge de los Rios Madrid, former Santander, S&P and Lehman
    Mike Turnbull London, former StormHarbour, BAML and MS
    Andrew Whittaker New York, Lazard, GSAM and Lehman 
       

    In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.

    We also welcome George Parker, New York, as Senior Advisor for Operations.

    This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.

    Expansion of our Global Network of Senior Advisors

    We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.

    This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.

    We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.

    “We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.

    KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.

    KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.

    The MIL Network –

  • MIL-OSI Europe: Written question – Impact of the rise of artificial intelligence on translation services – E-002680/2025

    Source: European Parliament

    Question for written answer  E-002680/2025
    to the Commission
    Rule 144
    Fernand Kartheiser (NI)

    Artificial intelligence is progressing rapidly, including in the field of translation. Specialised tools are already widely used in the translation services of the Commission and other EU institutions.

    These tools enable translators to work more efficiently, but they still have to check the texts produced to ensure that they are reliable and of sufficient quality.

    • 1.Will the Commission ensure that translators’ jobs are sustainable in spite of AI developments, or will it cut staff numbers?
    • 2.Can it guarantee that humans will continue to verify the quality of the services provided and that it will not introduce fully automated translation workflows?
    • 3.Will it support the development of AI for the smaller official languages?

    Submitted: 2.7.2025

    Last updated: 8 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Liver damage as a side effect of COVID-19 vaccination – E-001675/2025(ASW)

    Source: European Parliament

    The authorisation of COVID-19 vaccines is based on a thorough scientific assessment by the European Medicines Agency (EMA) about the vaccine quality, safety, and efficacy[1].

    Initially, COVID-19 vaccines were granted a conditional marketing authorisation (CMA)[2], a pathway used to expedite access to medicines addressing unmet needs, particularly during public health emergencies. A CMA requires the marketing authorisation holder to provide further data post-authorisation to confirm the benefit-risk balance.

    Following authorisation, all medicinal products authorised in the EU, are subject to continuous and rigorous safety monitoring, which was further enhanced for COVID-19 vaccines.

    The EU pharmacovigilance system detects, assesses, and addresses potential side effects[3], with the EMA’s safety Committee (PRAC)[4] analysing new risks that may emerge from various sources, including clinical practice, clinical studies, and medical literature.

    Current scientific data from over 13 billion COVID-19 vaccine doses administered worldwide shows a very good safety profile. Most adverse drug reactions are mild and short-lived.

    Serious effects are very rare[5] and thoroughly assessed. In 2022, PRAC concluded that there was no evidence supporting a causal link between mRNA COVID-19 vaccines and AIH[6].

    Each vaccine has published product information and an assessment report detailing all examined aspects[7]. If a reasonable possibility exists that a side effect is linked to the vaccine, it is included in the product information to ensure transparency for healthcare professionals and patients.

    • [1] Approval of vaccines in the EU: https://vaccination-info.europa.eu/en/about-vaccines/approval-vaccines-eu; COVID-19 vaccines: development, evaluation, approval and monitoring: https://www.ema.europa.eu/en/human-regulatory-overview/public-health-threats/coronavirus-disease-covid-19/covid-19-public-health-emergency-international-concern-2020-23/covid-19-vaccines-development-evaluation-approval-monitoring.
    • [2] Conditional marketing authorisation: https://www.ema.europa.eu/en/human-regulatory-overview/marketing-authorisation/conditional-marketing-authorisation.
    • [3] Pharmacovigilance: Overview: https://www.ema.europa.eu/en/human-regulatory-overview/pharmacovigilance-overview.
    • [4] Pharmacovigilance Risk Assessment Committee (PRAC): https://www.ema.europa.eu/en/committees/pharmacovigilance-risk-assessment-committee-prac.
    • [5] Safety of COVID-19 vaccines: https://www.ema.europa.eu/en/human-regulatory-overview/public-health-threats/coronavirus-disease-covid-19/covid-19-medicines/safety-covid-19-vaccines#suspected-side-effects-13834.
    • [6] Meeting highlights from the Pharmacovigilance Risk Assessment Committee (PRAC) 4-7 April 2022: https://www.ema.europa.eu/en/news/meeting-highlights-pharmacovigilance-risk-assessment-committee-prac-4-7-april-2022.
    • [7]  COVID-19 medicines: https://www.ema.europa.eu/en/human-regulatory-overview/public-health-threats/coronavirus-disease-covid-19/covid-19-medicines.

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Protecting audiovisual dubbing professions – E-001819/2025(ASW)

    Source: European Parliament

    EU copyright law provides performers with exclusive rights to authorise or prohibit the use of their performances by third parties. The rights protecting performances however do not extend to the use of an artist’s voice, likeness or other characterising features.

    Under the General Data Protection Regulation[1] (GDPR) consent is one of the six legal grounds for lawful personal data processing. However, the controller may rely on legitimate interest where that interest prevails over the interests or rights of the data subjects.

    The European Data Protection Board (EDPB) held that, subject to certain conditions, legitimate interest could be relied upon for the development of AI models.[2]

    The Artificial Intelligence (AI) Act[3] sets out transparency obligations for AI systems that generate or manipulate content, including deepfakes.

    Specifically, providers of AI systems generating synthetic audio, image, video or text content shall ensure that the outputs of the AI system are marked in a machine-readable format and are detectable as artificially generated or manipulated. Those rules aim at protecting the integrity and trust in the information ecosystem and mitigate the risk of impersonation.

    Under the current multiannual financial framework, the MEDIA and Cross-sectoral strands of Creative Europe offer opportunities for applicants to submit projects that focus on helping the audiovisual and media sectors to foster their uptake of AI (including for dubbing), while mitigating the risks posed by this technology.

    Since January 2025, five Nordic film festivals have been supported (under the project ‘NojSe’) to use AI in dubbing integrating new technologies in translation and subtitling while supporting the artistic community.

    • [1] Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation), OJ L 119, 4.5.2016, p. 1-88.
    • [2]  EDPB, Opinion 28/2024.
    • [3]  https://eur-lex.europa.eu/eli/reg/2024/1689/oj/eng.
    Last updated: 8 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Genetic modification in the context of the ‘dire wolf’ project – E-001687/2025(ASW)

    Source: European Parliament

    The placing on the market and releasing in the environment of genetically modified (GM) animals in the EU is subject to the GM Organisms (GMO) legislation[1], regardless of where the genetic alteration is carried out. The legislation does not preclude modifications to feature traits of extinct animals.

    Any GMO (including GM animals) can only be released after authorisation, following a comprehensive risk assessment concluding that there are no risks for health or the environment, and in conformity with any conditions required. This assessment routinely includes, among others, animal welfare and potential implications for animals and nature.

    In addition, specifically for protected habitats and species in the EU, the effects of any deliberate release into the environment of GMOs must also be considered in relation to the EU law requirement to maintain or restore the favourable conservation status of the protected species and habitats[2].

    In the event of the deliberate release of a GM animal without authorisation, or instances of migration of such animals into their territory, Member States must take the necessary remedial action, and inform its public, the Commission, and other Member States.

    The GMO legislation recognises that Member States may take into consideration ethical aspects in this context[3]. It also allows consultation of relevant committees on ethics, such as the European Group on Ethics in Science and New Technologies, on the ethical implications of biotechnology, either on the Commission’s own initiative or at the request of the European Parliament, the Council or a Member State.

    Based on the above, the Commission considers that the current EU legislation is adequate to handle cases such as the one described by the Honourable Member.

    • [1] Directive 2001/18/EC — http://data.europa.eu/eli/dir/2001/18/oj.
    • [2] Article 22(b) of Council Directive 92/43/EEC of 21 May 1992 on the conservation of natural habitats and of wild fauna and flora, OJ L 206, 22.7.1992, p. 7-50.
    • [3] Recital 9 of Directive 2001/18/EC.

    MIL OSI Europe News –