Category: United States of America

MIL-OSI USA: Baldwin Calls for Large-Scale Increase of Humanitarian Aid in Gaza and Diplomatic Efforts to End the War

US Senate News:

Source: United States Senator for Wisconsin Tammy Baldwin

WASHINGTON, D.C. – U.S. Senator Tammy Baldwin (D-WI) joined 43 of her Senate colleagues to express unified alarm about the humanitarian crisis in Gaza, call for the large-scale expansion of humanitarian aid, and urge the Trump Administration to resume diplomatic efforts to secure a ceasefire agreement and end the war.

“The acute humanitarian crisis in Gaza is also unsustainable and worsens by the day. Hunger and malnutrition are widespread, and, alarmingly, deaths due to starvation, especially among children, are increasing,” the Senators wrote in a letter to Secretary of State Marco Rubio and U.S. Special Envoy to the Middle East Steve Witkoff. “The ‘Gaza Humanitarian Foundation’ has failed to address the deepening humanitarian crisis and contributed to an unacceptable and mounting civilian death toll around the organization’s sites. To prevent the situation from getting even worse, we urge you to advocate for a large-scale expansion of humanitarian assistance.”

The letter underscores the remaining viable pathway that would end the war, bring home Israeli hostages, ensure Hamas can no longer pose a serious military threat to Israel, and achieve a diplomatic resolution of the Israeli-Palestinian conflict.

The Senators also affirm their opposition to the permanent forced displacement of the Palestinian people, which would be contrary to international humanitarian law and a sustainable and lasting peace.

“We ask that the Administration make this clear as it seeks an end to the war,” the Senators wrote. “We stand in strong support of diplomatic efforts to return all hostages, end the fighting in Gaza, and bring humanitarian relief for the safety and prosperity of the Israeli and the Palestinian people.”

The letter was led by U.S. Senators Adam Schiff (D-CA), Brian Schatz (D-HI), Chuck Schumer (D-NY), and Jacky Rosen (D-NV), and co-signed by 39 other Senators in addition to Senator Baldwin.

The full text of the letter can be found here and below.

Dear Secretary Rubio and Special Envoy Witkoff:

With recent efforts to secure a ceasefire between Israel and Hamas being unsuccessful, the situation in Gaza remains perilous. Efforts to secure an agreement are as critical and urgent as ever and we urge the resumption of good-faith talks as quickly as possible. While we appreciate that additional aid is beginning to enter Gaza, the humanitarian situation remains dire. Yet there still remains a viable pathway to end this war, bring home Israeli hostages, and achieve a diplomatic resolution of the Israeli-Palestinian conflict.

The Israeli hostages, held in Gaza by Hamas since their brutal attack on Israel on October 7th, have suffered far too long, as have their families. It is imperative that those still living be brought home as soon as possible, before more perish as the war drags on. And it is essential that the remains of those presumed killed – including Americans Omer Neutra and Itay Chen – be reunited with their loved ones. After many months of despair, it is long past time to bring all of the hostages home.

The acute humanitarian crisis in Gaza is also unsustainable and worsens by the day. Hunger and malnutrition are widespread, and, alarmingly, deaths due to starvation, especially among children, are increasing. The “Gaza Humanitarian Foundation” has failed to address the deepening humanitarian crisis and contributed to an unacceptable and mounting civilian death toll around the organization’s sites. To prevent the situation from getting even worse, we urge you to advocate for a large-scale expansion of humanitarian assistance and services throughout the Gaza Strip, including through the use of experienced multilateral bodies and NGOs that can get life-saving aid directly to those in need and prevent diversion.

Beyond a negotiated ceasefire, a permanent end to this war will also require an end to Hamas rule in Gaza and ensuring that Hamas can no longer pose a serious military threat to Israel. We reaffirm our strong support for continued U.S.-led diplomacy with Israel, Palestinian leaders, and other partners in the Middle East in pursuit of the long-term goal of a negotiated two-state solution with Israelis and Palestinians living side by side in lasting peace, security, dignity, and mutual recognition.

Finally, we write to underscore our strong opposition to the permanent forced displacement of the Palestinian people. This would be antithetical to international humanitarian law, to a sustainable end to this war that prioritizes the long-term safety and security of Israelis and Palestinians alike, to achieving a lasting peace in the Middle East, and expanding the Abraham Accords. We ask that the Administration make this clear as it seeks an end to the war.

We stand in strong support of diplomatic efforts to return all hostages, end the fighting in Gaza, and bring humanitarian relief for the safety and prosperity of the Israeli and the Palestinian people.

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Baldwin, Capito, Hassan Lead Bipartisan Bill to Deliver First Responders with Training and Tools to Prevent Overdose Deaths
US Senate News:
Source: United States Senator for Wisconsin Tammy Baldwin

WASHINGTON, D.C. – Today, U.S. Senators Tammy Baldwin (D-WI), Shelley Moore Capito (R-WV), and Maggie Hassan (D-NH) introduced the Safe Response Act, bipartisan legislation to reauthorize a grant program that allows states, local government entities, and Tribes to train and provide resources to first responders to respond to drug overdoses.

“The opioid crisis has left thousands of families across Wisconsin with an empty seat at the dinner table. As we start to turn the tide on this epidemic, we need to double down on what is working and ensure communities have the tools they need to reverse overdoses and poisonings,” said Senator Baldwin. “I’m proud to back this bipartisan bill to ensure first responders have the training they need to use lifesaving tools like Narcan and protect Wisconsin families from the heartbreak of losing a loved one too soon.”

“West Virginians know all too well the devastation and heartbreak drug overdoses cause in our communities. That’s why it is essential Congress provides the resources and training our first responders need to administer life-saving overdose reversal drugs and keep themselves safe in the process. I’m proud to join my colleagues in reintroducing this legislation that will equip our first responders with the necessary tools to save more lives,” said Senator Capito.

“Fire fighters, paramedics, police officers, and other first responders are on the frontlines fighting the opioid epidemic and we must keep working to ensure that they have the resources and support that they need,” said Senator Hassan. “This bipartisan legislation will help to ensure that more first responders in New Hampshire and across the country have access to training on how to use overdose reversal drugs like naloxone to save more lives.”

According to the Centers for Disease Control (CDC), there were 80,391 drug overdose deaths in the United States in 2024. Of those, over 50,000 overdose deaths were due to opioids, including fentanyl. This marked a sharp decline from the previous year — a decrease of 26.9% from the 110,037 deaths estimated in 2023 – in part due to the availability of opioid reversal drugs like naloxone.

The 2018 SUPPORT Act included a grant program to provide funding for states, local government entities, Indian Tribes, and tribal organizations to train and provide resources to first responders to respond to an overdose. The Safe Response Act would reauthorize this grant program, included as part of the bipartisan SUPPORT Act, providing $57 million per year for fiscal years 2026 through 2030 for grants to first responders and those in key community sectors to respond to overdoses. Grants may be used to:
- Ensure that first responders and other members of key community sectors have the knowledge and training to utilize overdose reversal devices or administer overdose reversal medications, such as naloxone;
- Provide technical assistance and training about how first responders and other members of key community sectors, such as first SUD treatment providers and emergency medical service agencies, can better protect themselves in the event of exposure to such drugs;
- Establish processes, protocols, and mechanisms for referral to appropriate treatment, which may include an outreach coordinator or team to connect individuals receiving opioid overdose reversal drugs to follow-up services; and
- Educate first responders and members of key community sectors about the need to follow standard safe operating procedures in instances of exposure to fentanyl, carfentanil, and other dangerous and illicit drugs.
Senator Baldwin’s Safe Response Act has garnered strong support from local, state, and national public safety leaders and organizations, including the Wisconsin Professional Police Association, Wisconsin State Fire Chiefs Association, Racine Police Chief Alexander Ramirez, Milwaukee Fire Chief Aaron Lipski, Kenosha Fire Chief Daniel Tilton, Green Bay Metro Fire Chief Matthew Knott, Rock County Sheriff Curt Fell, Kenosha City Administrator and former Kenosha Chief of Police John Morrissey, Waukesha Mayor Shawn Reilly, Waukesha Fire Chief Robert Goplin, Waukesha Police Chief Dan Thompson, Madison Mayor Satya Rhodes-Conway, Mothers Against Prescription Drug Abuse (MAPDA), Big Cities Health Coalition, National Association of Police Organizations, National Council of Urban Indian Health, and Association of State and Territorial Health Officials (ASTHO).

“As Chief of the Milwaukee Fire Department, I know firsthand the importance of supporting our first responders with critical training and resources to prevent overdose deaths. We recognize the importance of the Safe Response Act as substance misuse and overdose continue to significantly impact our local communities,” said Aaron Lipski, Chief of the Milwaukee Fire Department and Chair of RISE – Drug-Free MKE. “Thank you, Senator Baldwin, for your dedication to the ongoing efforts of helping those in the community with substance use issues to receive the best possible immediate and follow-up care through training and valuable resources to present a positive outcome for all involved.”

“The reauthorization of the Safe Response Act is a smart and necessary allocation of funds. As someone who spent decades in law enforcement and now serves in city leadership, I’ve seen firsthand how critical it is for our first responders to have the right tools, training, and resources,” said John W. Morrissey, Kenosha City Administrator and former Kenosha Police Chief. “The increased funding—from $36 to $57 million annually—will make a real difference for communities like Kenosha. I fully support this legislation and urge Congress to move it forward.”

“The opioid epidemic is not an abstract concept for local communities in Wisconsin. We are on the frontlines and need the resources to respond to this public health crisis. Senator Baldwin’s leadership on the Safe Response Act is deeply appreciated. This is an important tool to support first responders and our residents,” said Madison Mayor Satya Rhodes-Conway.

“As Fire Chief of the Green Bay Metro Fire Department, I’m proud to support Senator Baldwin’s Safe Response Act. Every day, our firefighters and paramedics witness the impact that the opioid and fentanyl crisis has on our community. This legislation will give first responders the training and resources they need to save lives and stay safe while doing it,” said Matthew Knott, Chief of the Green Bay Metro Fire Department.

A one-pager on this legislation is available here. Full text of this legislation is available here.
MIL OSI USA News –
July 31, 2025

MIL-OSI: Gran Tierra Energy Inc. Reports Second Quarter 2025 Results & Another Quarter of Record Production

Source: GlobeNewswire (MIL-OSI)

Achieved Record Total Company Average Quarterly Production of 47,196 boepd
Funds Flow From Operations⁽¹⁾of $54 million, Adjusted EBITDA⁽¹⁾of $77 million and Return to Free Cash Flow
Signed Mandate Letter for Funding of Up to $200 Million
Entered into Binding Agreement to Exit the UK North Sea
Achieved Company Record Total of 32 Million Hours Without a Lost Time Injury
Recorded Operating Costs per boe of $13.42 for the Quarter – the Lowest Since The First Quarter of 2022

CALGARY, Alberta, July 30, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE: GTE) announced the Company’s financial and operating results for the quarter ended June 30, 2025 (the “Quarter”) and provided an operational update. All dollar amounts are in United States (“U.S.”) dollars and all production volumes are on an average working interest before royalties (“WI”) basis unless otherwise indicated. Production is expressed in barrels (“bbl”) of oil equivalent (“boe”) per day (“boepd” or “boe/d”) and are based on WI sales before royalties. For per boe amounts based on net after royalty (“NAR”) production, see Gran Tierra’s Quarterly Report on Form 10-Q filed July 30, 2025.

Message to Shareholders

Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented: “Gran Tierra delivered record-setting production this quarter, reflecting the strength of our diversified portfolio and consistent operational execution across Colombia, Ecuador, and Canada.

In Ecuador, we are building on the momentum of our Iguana Block discoveries with the planned drilling of two high-impact exploration wells in the Charapa Block later this year. In Colombia, the successful development drilling at Costayaco and Cohembi, along with the strong early waterflood response in Cohembi’s north area, underscores the ongoing potential of our core assets and validates our disciplined approach to reservoir management. In Acordionero, our proactive waterflood management, surface facility upgrades, pump upsizes and ongoing improvement in electrical submersible pump run lives continue to mitigate base decline.

In Canada, our Montney and Clearwater assets are delivering encouraging results, with three gross-wells (1.2 net) brought on stream in the Quarter, outperforming expectations. These outcomes further reinforce our strategy of disciplined capital allocation and balanced growth as we focus on generating long-term value for our stakeholders.

We continue to optimize our portfolio with the signed disposition of the UK North Sea assets, which is expected to close in the third quarter of 2025.”

Operational Update:

Safety: Since 2022, Gran Tierra has achieved a record of 32 million person-hours equating to more than 3 years without a lost time injury.
Ecuador
- Building on the successful discoveries in the Iguana Block during the first quarter of 2025, civil works are currently underway to support the drilling of the final two wells under Gran Tierra’s exploration commitments in the country. These wells are planned for the Charapa Block in the Conejo prospect, with drilling expected to commence toward the end of the third quarter of 2025.
Colombia
- Gran Tierra successfully drilled the first of three development wells planned for 2025 in the northern area of the Costayaco field. The Costayaco-63 well was perforated in four productive sands, stimulated, and placed on immediate production. The well is currently producing ~800 bbls of oil per day (“bopd”) with a 48% watercut compared to an average field watercut of 92%. In July, the second well—Costayaco-64—was drilled, stimulated and completed. The well is currently producing ~1,300 bopd with a 13% watercut. The final well, Costayaco-65, was spud on July 20, 2025 and is scheduled to be brought on production in August 2025.
- During the Quarter the remaining two wells of the 2025 five well Cohembi program were brought onto production. The average drilling cost of the five wells was ~$3.0 million per well, representing a 47% reduction from the prior operator’s average last five wells drilled in 2017/18. As part of the program and to support pressure, water injection began on May 30, 2025. A strong waterflood response and increase of greater than 2,600 bopd gross across the northern part of the field has been observed and continues to improve.
- The Cristobal well in LLA-85 was drilled below budget to total depth (“TD”) and abandoned, fulfilling all the commitments on the block.
- In Acordionero, production in the Quarter averaged ~14,200 bopd compared to ~13,800 bopd in the first quarter of 2025 (the “Prior Quarter”). Increases in base production were achieved by increasing total fluid production through planned electrical submersible pump upsizes, additional surface injection capacity allowing for continued growth of total fluid production and water injection. Record highs were achieved in both total fluid production (~89,400 bbls/day) and water injection (~85,000 bbls/day) during the Quarter.
Canada
- In the Simonette, the first two (1.0 net) Lower Montney wells were completed successfully and brought on stream on April 5, 2025. Results from both wells are currently out-performing management’s current type curves. The third Montney well was spud on June 29, 2025 and reached TD on July 18, 2025. The fourth Montney well was spud on July 22, 2025 and is expected to reach total depth in the first half of August.

Enhanced Liquidity:

Gran Tierra is pleased to announce it has signed a mandate letter with a syndicate of banks for a $200 million prepayment facility backed by crude oil deliveries. The Company is progressing toward full documentation, with closing expected in the third quarter of 2025 and funding anticipated shortly thereafter. The facility is structured to enhance financial flexibility, support long-term capital planning, and optimize the Company’s debt maturity profile. Further details of the prepayment will be announced in due course once final terms are agreed upon.
Separately, Gran Tierra recently completed the semi-annual redetermination of its Canadian credit facility, with lenders confirming an unchanged borrowing base of C$100 million. This outcome reflects the continued strength and stability of the Company’s Canadian asset base. The facility provides C$50 million in available commitments, comprised of a C$35 million syndicated facility and a C$15 million operating facility with a maturity date of October 31, 2026. The next redetermination is scheduled on or before November 30, 2025.
Gran Tierra also employs a disciplined, risk-managed hedging strategy designed to protect cash flow, support capital planning, and enhance financial stability across commodity cycles. The Company utilizes a diversified mix of oil and gas hedges that provide downside protection while preserving upside exposure. This proactive approach contributed to a $14 million derivative hedging gain booked during the Quarter. The Company also maintains a rolling 12-month hedging program to further mitigate volatility:
- South American Oil Hedges (Brent): For the second half of 2025, Gran Tierra has hedged approximately 50% of its South American oil production with a weighted average floor of $63.16 per barrel and a ceiling of $76.50 per barrel. For the first half of 2026 the Company has hedged approximately 33% of its South American oil production with a weighted average floor of $61.67 per barrel and a ceiling of $75.58.
- Canadian Oil Hedges (West Texas Intermediate): For the second half of 2025, Gran Tierra has hedged approximately 60% of its Canadian oil production with a weighted average floor of $61.67 per barrel and a ceiling of $72.37 per barrel. For the first half of 2026 the Company has hedged approximately 50% of its Canadian oil production with a weighted average floor of $56.82 per barrel and a ceiling of $72.01.
- Canadian Gas Hedges (AECO): For the second half of 2025, Gran Tierra has hedged approximately 40% of its Canadian gas production with a weighted average floor of $2.82 per GJ and a ceiling of $2.96 per GJ.
- FX Hedges (COP to USD): Starting in April 2025, Gran Tierra entered into a 12-month, $10 million per month hedging program for the COP to USD exchange rate. The hedges have a floor of 4,430 and a ceiling of 4,705.

Key Highlights of the Quarter:

Production: Gran Tierra’s total average WI production was 47,196 boepd, which was 44% higher than the second quarter of 2024 due to the production from the Canadian operations acquired on October 31, 2024 and positive exploration well drilling results in Ecuador. Total average WI production was 1% higher than the Prior Quarter as a result of successful drilling in Simonette, Cohembi infill drilling and waterflood management, strong Acordionero performance and continued exploration success in Ecuador from the Iguana wells. Working interest sales in the Quarter decreased to 45,727 boepd primarily due to the deferral of 143,730 barrels of Ecuador oil production, which were held in inventory at the end of June and subsequently sold in July.
Net Income (Loss): Gran Tierra incurred a net loss of $13 million, compared to a net loss of $19 million in the Prior Quarter and net income of $36 million in the second quarter of 2024.
Adjusted EBITDA⁽¹⁾: Adjusted EBITDA⁽¹⁾ was $77 million compared to $85 million in the Prior Quarter and $103 million in the second quarter of 2024. Twelve-month trailing net debt⁽¹⁾ to adjusted EBITDA⁽¹⁾ was 2.3 times (only accounts for eight months of Canadian operations adjusted EBITDA) and the Company continues to have a long-term target ratio of 1.0 times.
Funds Flow from Operations⁽¹⁾: Funds flow from operations⁽¹⁾ was $54 million ($1.53 per share), up 17% from the second quarter of 2024 and down 3% from the Prior Quarter. Brent price decreased by 11% per bbl compared to the Prior Quarter and our cash netback⁽¹⁾ decreased by 1% illustrating the resiliency of the portfolio.
Net Cash Provided by Operating Activities: Net cash provided by operating activities was $35 million ($0.98 per share), down 53% from the Prior Quarter and down 53% from the second quarter of 2024.
Cash and Debt: As of June 30, 2025, the Company had a cash balance of $61 million, total debt of $807 million and net debt⁽¹⁾ of $746 million. During the Quarter, the Company drew a total of $45 million on its credit facilities to fund capital expenditures. There were significant capital expenditures in the first quarter, amounting to approximately 40% of budgeted capital expenditures for the year, which were paid in the Quarter resulting in the Company drawing on its credit facilities. We currently forecast the facilities to have a zero balance by the end of the year. In addition to the $61 million cash on hand as of June 30, 2025, the Company currently has approximately $112 million in credit and lending facilities with $47 million drawn as of June 30, 2025.
Share Buybacks: Gran Tierra repurchased 239,754 shares of common stock during the Quarter. From January 1, 2023, to July 28, 2025, the Company repurchased approximately 5.2 million shares, or 15% of shares issued and outstanding on January 1, 2023.

Additional Key Financial Metrics:

Capital Expenditures: Capital expenditures were $51 million during the Quarter which were lower than the $95 million in the Prior Quarter and lower than $61 million in the second quarter of 2024. During the Quarter the majority of capital expenditures were incurred in Colombia on Cohembi drilling and infrastructure.
Oil, Natural Gas and Natural Gas Liquids (“NGL”) Sales: Gran Tierra generated sales of $152 million, down 8% from the second quarter of 2024 primarily as a result of a 22% decrease in Brent pricing, partially offset by 43% higher sales volumes due to higher production and lower Castilla, Oriente, and Vasconia oil differentials. Oil sales decreased 11% from the Prior Quarter primarily due to an 11% decrease in Brent price, partially offset by lower Castilla, Oriente, and Vasconia oil differentials.
South American Quality and Transportation Discounts: The Company’s quality and transportation discounts in South America per bbl were lower during the Quarter at $10.30, compared to $11.58 in the Prior Quarter and $12.79 in the second quarter of 2024. The Castilla oil differential per bbl tightened to $4.73, down from $5.34 in the Prior Quarter and $8.21 in the second quarter of 2024 (Castilla is the benchmark for the Company’s Middle Magdalena Valley Basin oil production). The Vasconia differential per bbl tightened to $1.71, down from $2.27 in the Prior Quarter, and $4.00 in the second quarter of 2024. The Ecuadorian benchmark, Oriente, per bbl was $7.26, down from $7.65 in the Prior Quarter and $8.38 in the second quarter of 2024. The current⁽²⁾ differentials are approximately $4.38 per bbl for Castilla, $1.38 per bbl for Vasconia, and $7.64 per bbl for Oriente.
Operating Expenses: On a per boe basis, operating expenses decreased by 17% when compared to the second quarter of 2024 and 16% when compared to the Prior Quarter, primarily due to lower workover activities and lower lifting costs associated with inventory build-up in Ecuador, power generation, and equipment rentals. This was the lowest operating expense per boe achieved since the first quarter of 2022. Total operating expenses decreased by 17% to $56 million, compared to the Prior Quarter, largely driven by lower workover activities and reduced lifting costs related to power generation, equipment rental, and inventory fluctuation in Ecuador. Compared to the second quarter of 2024, total operating expenses increased by 19% from $47 million, primarily due to the addition of Canadian operations and the ramp-up of activity in Ecuador. The increase in total operating costs is commensurate with the 44% increase in production.
Transportation Expenses: The Company’s transportation expenses increased by 10% to $8 million, compared to the Prior Quarter’s transportation expenses of $7 million as a result of incremental sales volumes transported by Canadian operations resulting in higher tolls. When compared to the second quarter of 2024 transportation expenses increased from $6 million due to new Canadian operations, higher sales volumes transported in Ecuador, partially offset by lower sales volumes transported in Colombia.
Operating Netback⁽¹⁾⁽³⁾: The Company’s operating netback(1)(3) was $21.39 per boe, down 6% from the Prior Quarter and down 45% from the second quarter of 2024, primarily as a result of a decrease in oil pricing. The decrease from the second quarter of 2024 is a result in the change in the Company’s production mix with the addition of the Canadian assets.
General and Administrative (“G&A”) Expenses: G&A expenses before stock-based compensation were $3.48 per boe, up from $2.86 per boe in the Prior Quarter, due to the timing of certain annual corporate expenses. G&A expenses before stock-based compensation were down from $3.77 per boe, compared to the second quarter of 2024 as a result of higher sales volumes from the inclusion of Canadian operations in the Quarter.
Cash Netback⁽¹⁾: Cash netback⁽¹⁾ per boe decreased to $12.95, compared to $13.04 in the Prior Quarter, primarily as a result of lower operating netback⁽¹⁾ and were offset by lower current income tax expense and positive cash settlement on derivative instruments. Compared to one year ago, cash netback⁽¹⁾ per boe decreased by $2.90 from $15.85 per boe as a result of lower operating netback⁽¹⁾ while being offset by lower current tax expense.

Financial and Operational Highlights (all amounts in $000s, except per share and boe amounts)

Consolidated Financial Data	Three Months Ended June 30,		Three Months Ended March 31,	Six Months Ended June 30,
	2025	2024	2025	2025	2024

Net (Loss) Income	$(12,741)	$36,371	$(19,280)	$(32,021)	$36,293
Per Share – Basic and Diluted	$(0.36)	$1.16	$(0.54)	$(0.90)	$1.15

Oil, Natural Gas and NGL Sales	$152,481	$165,609	$170,533	$323,014	$323,186
Operating Expenses	(55,855)	(47,035)	(67,354)	(123,209)	(95,501)
Transportation Expenses	(7,618)	(5,690)	(6,911)	(14,529)	(10,274)
Operating Netback ⁽¹⁾⁽³⁾	$89,008	$112,884	$96,268	$185,276	$217,411

G&A Expenses Before Stock-Based Compensation	$14,460	$10,967	$12,143	$26,603	$21,749
G&A Stock-Based Compensation Expense (Recovery)	546	6,160	(517)	29	9,521
G&A Expenses, Including Stock Based Compensation	$15,006	$17,127	$11,626	$26,632	$31,270

Adjusted EBITDA ⁽¹⁾	$76,987	$103,004	$85,162	$162,149	$197,796

EBITDA ⁽¹⁾	$84,908	$101,187	$79,710	$164,618	$193,078

Net Cash Provided by Operating Activities	$34,677	$73,233	$73,230	$107,907	$134,060

Funds Flow from Operations ⁽¹⁾	$53,906	$46,167	$55,344	$109,250	$120,474

Capital Expenditures (Before Changes in Working Capital)	$51,170	$61,273	$94,727	$145,897	$116,604

Free Cash Flow ⁽¹⁾	$2,736	$(15,106)	$(39,383)	$(36,647)	$3,870

Average Daily Production (boe/d)
WI Production Before Royalties	47,196	32,776	46,647	46,923	32,509
Royalties	(7,396)	(6,774)	(8,084)	(7,738)	(6,586)
Production NAR	39,800	26,002	38,563	39,185	25,923
Decrease (Increase) in Inventory	(1,469)	(811)	461	(509)	(288)
Sales	38,331	25,191	39,024	38,676	25,635
Royalties, % of WI Production Before Royalties	16%	21%	17%	16%	20%

Cash Netback ($/boe )⁽¹⁾
Average Realized Price before Royalties	43.71	72.24	48.55	46.14	69.27
Royalties	(7.07)	(15.31)	(8.33)	(7.69)	(14.16)
Average Realized Price	36.64	56.93	40.22	38.45	55.11
Transportation Expenses	(1.83)	(1.96)	(1.63)	(1.73)	(1.75)
Average Realized Price Net of Transportation Expenses	34.81	54.97	38.59	36.72	53.36
Operating Expenses	(13.42)	(16.17)	(15.89)	(14.67)	(16.29)
Operating Netback ⁽¹⁾⁽³⁾	21.39	38.80	22.70	22.05	37.07
G&A Expenses Before Stock-Based Compensation	(3.48)	(3.77)	(2.86)	(3.17)	(3.71)
Realized Foreign Exchange (Loss) Gain	(0.14)	0.37	(0.51)	(0.33)	(0.06)
Cash Settlement on Derivative Instruments	0.39	—	0.10	0.25	—
Interest Expense, Excluding Amortization of Debt Issuance Costs	(4.87)	(5.38)	(4.58)	(4.72)	(5.24)
Interest Income	0.06	0.35	0.10	0.08	0.29
Other Gain	0.09	—	—	0.04	—
Net Lease Payments	0.04	0.02	0.04	0.04	0.07
Current Income Tax Expense	(0.53)	(14.54)	(1.95)	(1.25)	(7.88)
Cash Netback ⁽¹⁾	$12.95	$15.85	$13.04	$12.99	$20.54

Share Information (000s)
Common Stock Outstanding, End of Period	35,289	31,022	35,524	35,289	31,022
Weighted Average Number of Shares of Common Stock Outstanding – Basic and Diluted	35,335	31,282	35,777	35,555	31,547

South American Operational Information	Three Months Ended June 30,		Three Months Ended March 31,	Six Months Ended June 30,
	2025	2024	2025	2025	2024
Operating Netback ⁽¹⁾⁽³⁾
Oil Sales	$118,187	$165,609	$138,671	$256,858	$323,186
Operating Expenses	(42,554)	(47,035)	(50,827)	(93,381)	(95,501)
Transportation Expenses	(4,176)	(5,690)	(4,304)	(8,480)	(10,274)
Operating Netback ⁽¹⁾⁽³⁾	$71,457	$112,884	$83,540	$154,997	$217,411

Capital Expenditures (Before Changes in Working Capital)	$49,327	$60,806	$64,984	$114,311	$116,137

Average Daily Production (boe/d)
WI Production Before Royalties	29,700	32,776	29,686	29,693	32,509
Royalties	(5,209)	(6,774)	(5,844)	(5,525)	(6,586)
Production NAR	24,491	26,002	23,842	24,168	25,923
Decrease (Increase) in Inventory	(1,469)	(811)	461	(509)	(288)
Sales	23,022	25,191	24,303	23,659	25,635
Royalties, % of WI Production Before Royalties	18%	21%	20%	19%	20%

Operating Netback ($/boe) ⁽¹⁾⁽³⁾
Brent	$66.71	$85.03	$74.98	$70.81	$83.42
Quality and Transportation Discount	(10.30)	(12.79)	(11.58)	(10.82)	(14.15)
Royalties	(10.41)	(15.31)	(12.29)	(11.36)	(14.16)
Average Realized Price	46.00	56.93	51.11	48.63	55.11
Transportation Expenses	(1.63)	(1.96)	(1.59)	(1.61)	(1.75)
Average Realized Price Net of Transportation Expenses	44.37	54.97	49.52	47.02	53.36
Operating Expenses	(16.56)	(16.17)	(18.73)	(17.68)	(16.29)
Operating Netback ⁽¹⁾⁽³⁾	$27.81	$38.80	$30.79	$29.34	$37.07

Canadian Operational Information ⁽⁴⁾	Three Months Ended June 30,		Three Months Ended March 31,	Six Months Ended June 30,
	2025	2024	2025	2025	2024
Operating Netback ⁽¹⁾⁽³⁾
Oil Sales	$23,196	$—	$21,269	$44,465	$—
Natural Gas Sales	6,894	—	7,561	14,455	—
NGL Sales	6,364	—	7,997	14,361	—
Royalties	(2,158)	—	(4,966)	(7,124)	—
Oil, Natural Gas and NGL Sales After Royalties	$34,296	$—	$31,861	$66,157	$—
Operating Expenses	(13,301)	—	(16,527)	(29,828)	—
Transportation Expenses	(3,442)	—	(2,607)	(6,049)	—
Operating Netback ⁽¹⁾⁽³⁾	$17,553	$—	$12,727	$30,280	$—

Capital Expenditures (Before Changes in Working Capital)	$1,796	$—	$29,360	$31,156	$—

Average Daily Production
Crude Oil (bbl/d)	4,335	—	3,623	3,981	—
Natural Gas (mcf/d)	50,124	—	49,860	49,992	—
NGLs (bbl/d)	4,807	—	5,029	4,917	—
WI Production Before Royalties (boe/d)	17,496	—	16,961	17,230	—
Royalties (boe/d)	(2,187)	—	(2,240)	(2,213)	—
Production NAR (boe/d)	15,309	—	14,721	15,017	—
Sales (boe/d)	15,309	—	14,721	15,017	—
Royalties, % of WI Production Before Royalties	13%	—%	13%	13%	—%

Benchmark Prices
West Texas Intermediate ($/bbl)	63.81	80.82	71.47	67.60	78.95
AECO Natural Gas Price (C$/GJ)	1.60	1.12	2.05	1.82	1.74

Average Realized Price
Crude Oil ($/bbl)	58.80	—	65.23	61.71	—
Natural Gas ($/mcf)	1.51	—	1.69	1.60	—
NGLs ($/bbl)	14.55	—	17.67	16.14	—

Operating Netback ($/boe) ⁽¹⁾⁽³⁾
Average Realized Price	$22.90	$—	$24.12	$23.50	$—
Royalties	(1.36)	—	(3.25)	(2.28)	—
Transportation Expenses	(2.16)	—	(1.71)	(1.94)	—
Operating Expenses	(8.35)	—	(10.83)	(9.56)	—
Operating Netback ⁽¹⁾⁽³⁾	$11.03	$—	$8.33	$9.72	$—

_{⁽¹⁾ Funds flow from operations, operating netback, net debt, cash netback, earnings before interest, taxes and depletion, depreciation and accretion (“DD&A”) (“EBITDA”) and EBITDA adjusted for non-cash lease expense, lease payments, foreign exchange gains or losses, stock-based compensation expense, other gains or losses, transaction costs and financial instruments gains or losses (“Adjusted EBITDA”), cash flow and free cash flow are non-GAAP measures and do not have standardized meanings under generally accepted accounting principles in the United States of America (“GAAP”). Cash flow refers to funds flow from operations. Free cash flow refers to funds flow from operations less capital expenditures. Refer to “Non-GAAP Measures” in this press release for descriptions of these non-GAAP measures and, where applicable, reconciliations to the most directly comparable measures calculated and presented in accordance with GAAP.}
_{⁽²⁾ Gran Tierra’s third quarter-to-date 2025 total average differentials and average production are for the period from July 1 to July 30, 2025.}
_{⁽³⁾ Operating netback as presented is defined as oil sales less operating and transportation expenses. See the table titled Financial and Operational Highlights above for the components of consolidated operating netback and corresponding reconciliation.}
_{⁽⁴⁾ Gran Tierra entered Canada with the acquisition of i3 Energy which closed October 31, 2024, therefore no comparative data is provided for the corresponding periods of 2024.}

Conference Call Information:

Gran Tierra will host its second quarter 2025 results conference call on Thursday, July 31, 2025, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. Interested parties may access the conference call by registering at the following link: https://register-conf.media-server.com/register/BId33e377f2b494c3c95a7fbd1df59627e. The call will also be available via webcast at www.grantierra.com.

Corporate Presentation:

Gran Tierra’s Corporate Presentation has been updated and is available on the Company website at www.grantierra.com.

Contact Information

For investor and media inquiries please contact:

Gary Guidry
President & Chief Executive Officer

Ryan Ellson
Executive Vice President & Chief Financial Officer

+1-403-265-3221

info@grantierra.com

About Gran Tierra Energy Inc.

Gran Tierra Energy Inc., together with its subsidiaries is an independent international energy company currently focused on oil and natural gas exploration and production in Canada, Colombia and Ecuador. The Company is currently developing its existing portfolio of assets in Canada, Colombia and Ecuador and will continue to pursue additional new growth opportunities that would further strengthen the Company’s portfolio. The Company’s common stock trades on the NYSE American, the Toronto Stock Exchange and the London Stock Exchange under the ticker symbol GTE. Additional information concerning Gran Tierra is available at www.grantierra.com. Except to the extent expressly stated otherwise, information on the Company’s website or accessible from our website or any other website is not incorporated by reference into and should not be considered part of this press release. Investor inquiries may be directed to info@grantierra.com or (403) 265-3221.

Gran Tierra’s Securities and Exchange Commission (the “SEC”) filings are available on the SEC website at http://www.sec.gov. The Company’s Canadian securities regulatory filings are available on SEDAR+ at http://www.sedarplus.ca and UK regulatory filings are available on the National Storage Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Forward Looking Statements and Legal Advisories:

This press release contains opinions, forecasts, projections, and other statements about future events or results that constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and financial outlook and forward looking information within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). All statements other than statements of historical facts included in this press release regarding our business strategy, plans and objectives of our management for future operations, capital spending plans and benefits of the changes in our capital program or expenditures, our liquidity and financial condition, and those statements preceded by, followed by or that otherwise include the words “expect,” “plan,” “can,” “will,” “should,” “guidance,” “forecast,” “budget,” “estimate,” “signal,” “progress”, “anticipates” and “believes,” derivations thereof and similar terms identify forward-looking statements. In particular, but without limiting the foregoing, this press release contains forward-looking statements regarding: : the Company’s expectations regarding committed funding (including but not limited to the signing of a mandate for prepayment structure backed by crude oil deliveries), liquidity and its leverage ratio target, the Company’s plans regarding strategic investments, acquisitions, dispositions, synergies, and growth, the Company’s drilling program and capital expenditures and the Company’s expectations of commodity prices, exploration and production trends and its positioning for 2025. The forward-looking statements contained in this press release reflect several material factors and expectations and assumptions of Gran Tierra including, without limitation, that Gran Tierra will continue to conduct its operations in a manner consistent with its current expectations, pricing and cost estimates (including with respect to commodity pricing and exchange rates), the general continuance of assumed operational, regulatory and industry conditions in Canada, Colombia and Ecuador, and the ability of Gran Tierra to execute its business and operational plans in the manner currently planned.

Among the important factors that could cause our actual results to differ materially from the forward-looking statements in this press release include, but are not limited to: our ability to successfully integrate the assets and operations of i3 Energy Plc (“i3Energy”) and realize the anticipated benefits and operating synergies expected from the 2024 acquisition of i3 Energy; certain of our operations are located in South America and unexpected problems can arise due to guerilla activity, strikes, local blockades or protests; technical difficulties and operational difficulties may arise which impact the production, transport or sale of our products; other disruptions to local operations; global health events; global and regional changes in the demand, supply, prices, differentials or other market conditions affecting oil and gas, including inflation and changes resulting from actual or anticipated tariffs and trade policies, global health crises, geopolitical events, including the conflicts in Ukraine and the Middle East, or from the imposition or lifting of crude oil production quotas or other actions that might be imposed by OPEC and other producing countries and the resulting company or third-party actions in response to such changes; changes in commodity prices, including volatility or a prolonged decline in these prices relative to historical or future expected levels; the risk that current global economic and credit conditions may impact oil prices and oil consumption more than we currently predict, which could cause further modification of our strategy and capital spending program; prices and markets for oil and natural gas are unpredictable and volatile; the effect of hedges; the accuracy of productive capacity of any particular field; geographic, political and weather conditions can impact the production, transport or sale of our products; our ability to execute our business plan, which may include acquisitions, and realize expected benefits from current or future initiatives; the risk that unexpected delays and difficulties in developing currently owned properties may occur; the ability to replace reserves and production and develop and manage reserves on an economically viable basis; the accuracy of testing and production results and seismic data, pricing and cost estimates (including with respect to commodity pricing and exchange rates); the risk profile of planned exploration activities; the effects of drilling down-dip; the effects of waterflood and multi-stage fracture stimulation operations; the extent and effect of delivery disruptions, equipment performance and costs; actions by third parties; the timely receipt of regulatory or other required approvals for our operating activities; the failure of exploratory drilling to result in commercial wells; unexpected delays due to the limited availability of drilling equipment and personnel; volatility or declines in the trading price of our common stock or bonds; the risk that we do not receive the anticipated benefits of government programs, including government tax refunds; our ability to access debt or equity capital markets from time to time to raise additional capital, increase liquidity, fund acquisitions or refinance debt; the risk that we are unable to successfully negotiate final terms and close an anticipated prepayment structure backed by crude oil deliveries, our ability to comply with financial covenants in our indentures and make borrowings under our credit agreements; and the risk factors detailed from time to time in Gran Tierra’s periodic reports filed with the Securities and Exchange Commission, including, without limitation, under the caption “Risk Factors” in Gran Tierra’s Annual Report on Form 10-K for the year ended December 31, 2024 filed February 24, 2025 and its other filings with the SEC. These filings are available on the SEC website at http://www.sec.gov and on SEDAR+ at www.sedarplus.ca.

The forward-looking statements contained in this press release are based on certain assumptions made by Gran Tierra based on management’s experience and other factors believed to be appropriate. Gran Tierra believes these assumptions to be reasonable at this time, but the forward-looking statements are subject to risk and uncertainties, many of which are beyond Gran Tierra’s control, which may cause actual results to differ materially from those implied or expressed by the forward looking statements. The risk that the assumptions on which the 2025 outlook are based prove incorrect may increase the later the period to which the outlook relates. All forward-looking statements are made as of the date of this press release and the fact that this press release remains available does not constitute a representation by Gran Tierra that Gran Tierra believes these forward-looking statements continue to be true as of any subsequent date. Actual results may vary materially from the expected results expressed in forward-looking statements. Gran Tierra disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. In addition, historical, current and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future.

The forecasts of expected liquidity to address bond amortization in the fourth quarter of 2026 and that Gran Tierra’s credit facilities would have a zero balance by the end of the year may be considered to be future-oriented financial information or a financial outlook for the purposes of applicable Canadian securities laws. Financial outlook and future-oriented financial information contained in this press release about prospective financial performance, financial position or cash flows are provided to give the reader a better understanding of the potential future performance of the Company in certain areas and are based on assumptions about future events, including economic conditions and proposed courses of action, based on management’s assessment of the relevant information currently available, and to become available in the future. In particular, this press release contains projected operational and financial information for the end of 2025 and the fourth quarter of 2026. These projections contain forward-looking statements and are based on a number of material assumptions and factors set out above. Actual results may differ significantly from the projections presented herein. The actual results of Gran Tierra’s operations for any period could vary from the amounts set forth in these projections, and such variations may be material. See above for a discussion of the risks that could cause actual results to vary. The future-oriented financial information and financial outlooks contained in this press release have been approved by management as of the date of this press release. Readers are cautioned that any such financial outlook and future-oriented financial information contained herein should not be used for purposes other than those for which it is disclosed herein. The Company and its management believe that the prospective financial information has been prepared on a reasonable basis, reflecting management’s best estimates and judgments, and represent, to the best of management’s knowledge and opinion, the Company’s expected course of action. However, because this information is highly subjective, it should not be relied on as necessarily indicative of future results.

Non-GAAP Measures

This press release includes non-GAAP financial measures as further described herein. These non-GAAP measures do not have a standardized meaning under GAAP. Investors are cautioned that these measures should not be construed as alternatives to net income or loss, cash flow from operating activities or other measures of financial performance as determined in accordance with GAAP. Gran Tierra’s method of calculating these measures may differ from other companies and, accordingly, they may not be comparable to similar measures used by other companies. Each non-GAAP financial measure is presented along with the corresponding GAAP measure so as to not imply that more emphasis should be placed on the non-GAAP measure.

Operating netback, as presented, is defined as oil sales less operating and transportation expenses. See the table entitled Financial and Operational Highlights above for the components of consolidated operating netback and corresponding reconciliation.

Cash netback as presented is defined as net income or loss adjusted for DD&A expenses, deferred tax expense or recovery, stock-based compensation expense or recovery, amortization of debt issuance costs, non-cash lease expense, lease payments, unrealized foreign exchange gain or loss, other gain or loss and unrealized derivative instruments gain or loss. Management believes that operating netback and cash netback are useful supplemental measures for investors to analyze financial performance and provide an indication of the results generated by Gran Tierra’s principal business activities prior to the consideration of other income and expenses. A reconciliation from net income or loss to cash netback is as follows:

	Three Months Ended June 30,						Three Months Ended March 31,			Six Months Ended June 30,
Cash Netback – (Non-GAAP) Measure ($000s)		2025			2024			2025			2025			2024
Net (Loss) Income	$	(12,741	)	$	36,371		$	(19,280	)	$	(32,021	)	$	36,293
Adjustments to reconcile net loss or income to cash netback
DD&A expenses		68,635			55,490			72,202			140,837			111,640
Deferred tax expense (recovery)		2,453			(51,361	)		(4,712	)		(2,259	)		(37,882	)
Stock-based compensation expense (recovery)		546			6,160			(517	)		29			9,521
Amortization of debt issuance costs		4,082			2,760			3,833			7,915			6,066
Non-cash lease expense		1,725			1,381			1,736			3,461			2,794
Lease payments		(1,545	)		(1,311	)		(1,567	)		(3,112	)		(2,369	)
Unrealized foreign exchange loss (gain)		3,114			(3,323	)		1,687			4,801			(5,589	)
Other loss		38			—			52			90			—
Unrealized derivative instrument (gain) loss		(12,401	)		—			1,910			(10,491	)		—
Cash netback	$	53,906		$	46,167		$	55,344		$	109,250		$	120,474

EBITDA, as presented, is defined as net income or loss adjusted for DD&A expenses, interest expense and income tax expense or recovery. Adjusted EBITDA, as presented, is defined as EBITDA adjusted for non-cash lease expense, lease payments, foreign exchange gain or loss, stock-based compensation expense or recovery, other gain or loss and unrealized derivative instruments gain or loss. Management uses this supplemental measure to analyze performance and income generated by our principal business activities prior to the consideration of how non-cash items affect that income, and believes that this financial measure is useful supplemental information for investors to analyze our performance and our financial results. A reconciliation from net income or loss to EBITDA and adjusted EBITDA is as follows:

	Three Months Ended June 30,						Three Months Ended March 31,			Six Months Ended June 30,						Twelve Month Trailing June 30,
EBITDA – (Non-GAAP) Measure ($000s)		2025			2024			2025			2025			2024			2025
Net (Loss) Income	$	(12,741	)	$	36,371		$	(19,280	)	$	(32,021	)	$	36,293		$	(65,098	)
Adjustments to reconcile net loss or income to EBITDA and Adjusted EBITDA
DD&A expenses		68,635			55,490			72,202			140,837			111,640			259,816
Interest expense		24,366			18,398			23,235			47,601			36,822			91,245
Income tax expense (recovery)		4,648			(9,072	)		3,553			8,201			8,323			41,267
EBITDA	$	84,908		$	101,187		$	79,710		$	164,618		$	193,078		$	327,230
Non-cash lease expense		1,725			1,381			1,736			3,461			2,794			6,590
Lease payments		(1,545	)		(1,311	)		(1,567	)		(3,112	)		(2,369	)		(5,778	)
Foreign exchange loss (gain)		3,716			(4,413	)		3,838			7,554			(5,228	)		3,974
Stock-based compensation expense (recovery)		546			6,160			(517	)		29			9,521			215
Other loss		38			—			52			90			—			90
Unrealized derivative instrument (gain) loss		(12,401	)		—			1,910			(10,491	)		—			(7,117	)
Adjusted EBITDA	$	76,987		$	103,004		$	85,162		$	162,149		$	197,796		$	325,204

Funds flow from operations, as presented, is defined as net income or loss adjusted for DD&A expenses, deferred tax expense or recovery, stock-based compensation expense or recovery, amortization of debt issuance costs, non-cash lease expense, lease payments, unrealized foreign exchange gain or loss, other gain or loss and unrealized gain or loss on derivative instruments. Management uses this financial measure to analyze performance and income or loss generated by our principal business activities prior to the consideration of how non-cash items affect that income or loss, and believes that this financial measure is also useful supplemental information for investors to analyze performance and our financial results. Free cash flow, as presented, is defined as funds flow from operations adjusted for capital expenditures. Management uses this financial measure to analyze cash flow generated by our principal business activities after capital requirements and believes that this financial measure is also useful supplemental information for investors to analyze performance and our financial results. A reconciliation from net income or loss to both funds flow from operations and free cash flow is as follows:

	Three Months Ended June 30,						Three Months Ended March 31,			Six Months Ended June 30,						Twelve Month Trailing June 30,
Funds Flow From Operations – (Non-GAAP) Measure ($000s)		2025			2024			2025			2025			2024			2025
Net (Loss) Income	$	(12,741	)	$	36,371		$	(19,280	)	$	(32,021	)	$	36,293		$	(65,098	)
Adjustments to reconcile net loss or income to funds flow from operations
DD&A expenses		68,635			55,490			72,202			140,837			111,640			259,816
Deferred tax expense (recovery)		2,453			(51,361	)		(4,712	)		(2,259	)		(37,882	)		7,735
Stock-based compensation expense (recovery)		546			6,160			(517	)		29			9,521			215
Amortization of debt issuance costs		4,082			2,760			3,833			7,915			6,066			14,767
Non-cash lease expense		1,725			1,381			1,736			3,461			2,794			6,590
Lease payments		(1,545	)		(1,311	)		(1,567	)		(3,112	)		(2,369	)		(5,778	)
Unrealized foreign exchange loss (gain)		3,114			(3,323	)		1,687			4,801			(5,589	)		2,497
Other loss		38			—			52			90			—			90
Unrealized derivative instrument (gain) loss		(12,401	)		—			1,910			(10,491	)		—			(7,117	)
Funds flow from operations	$	53,906		$	46,167		$	55,344		$	109,250		$	120,474		$	213,717
Capital expenditures	$	51,170		$	61,273		$	94,727		$	145,897		$	116,604		$	285,471
Free cash flow	$	2,736		$	(15,106	)	$	(39,383	)	$	(36,647	)	$	3,870		$	(71,754	)

Net debt as of June 30, 2025, was $746 million, calculated using the sum of the aggregate principal amount of 7.75% Senior Notes, 9.50% Senior Notes outstanding and amount drawn on credit facilities, excluding deferred financing fees, totaling $807 million, less cash and cash equivalents of $61 million. Management believes that net debt is a useful supplemental measure for management and investors in order to evaluate the financial sustainability of the Company’s business and leverage. The most directly comparable GAAP measure is total debt.

Presentation of Oil and Gas Information

Boes have been converted on the basis of six thousand cubic feet (“Mcf”) natural gas to 1 boe of oil. Boes may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf: 1 boe is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. In addition, given that the value ratio based on the current price of oil as compared with natural gas is significantly different from the energy equivalent of six to one, utilizing a boe conversion ratio of 6 Mcf: 1 boe would be misleading as an indication of value.

References to a formation where evidence of hydrocarbons has been encountered is not necessarily an indicator that hydrocarbons will be recoverable in commercial quantities or in any estimated volume. Gran Tierra’s reported production is a mix of light crude oil and medium heavy crude oil, tight oil, conventional natural gas, shale gas and natural gas liquids for which there is no precise breakdown since the Company’s sales volumes typically represent blends of more than one product type. Well test results should be considered as preliminary and not necessarily indicative of long-term performance or of ultimate recovery. Well log interpretations indicating oil and gas accumulations are not necessarily indicative of future production or ultimate recovery. If it is indicated that a pressure transient analysis or well-test interpretation has not been carried out, any data disclosed in that respect should be considered preliminary until such analysis has been completed. References to thickness of “oil pay” or of a formation where evidence of hydrocarbons has been encountered is not necessarily an indicator that hydrocarbons will be recoverable in commercial quantities or in any estimated volume.

This press release contains certain oil and gas metrics, including operating netback and cash netback, which do not have standardized meanings or standard methods of calculation and therefore such measures may not be comparable to similar measures used by other companies and should not be used to make comparisons. These metrics are calculated as described in this press release and management believes that they are useful supplemental measures for the reasons described in this press release.

Such metrics have been included herein to provide readers with additional measures to evaluate the Company’s performance; however, such measures are not reliable indicators of the future performance of the Company and future performance may not compare to the performance in previous periods.

The MIL Network –

July 31, 2025

MIL-OSI USA: Kennedy champions resolution encouraging NATO members to meet their five percent defense spending commitments
US Senate News:
Source: United States Senator John Kennedy (Louisiana)

WASHINGTON – Senator John Kennedy (R-La.), a member of the Senate Appropriations Committee, today introduced a resolution urging North Atlantic Treaty Organization (NATO) member countries to fulfill their commitments to spend five percent of their GDP on defense. He emphasizes the importance of sincerity in fulfilling these obligations, noting that some countries, such as Spain, have refused to meet the five percent commitment, demanding a carveout. Spain struggled to even meet their two percent defense spending target. All NATO members must take this commitment seriously to strengthen our collective security.

“NATO is one of the greatest defensive alliances in all of human history. My resolution commends our allies for their commitment to allocate five percent of their GDP to our shared defense and strongly encourages them to fulfill their promises in good faith. If we want to deter our adversaries, we need real investments in our defense, not bridges that have little, if anything, to do with national security,” said Kennedy.

Sens. Marsha Blackburn (R-Tenn.), Tommy Tuberville (R-Ala.), Roger Wicker (R-Miss.), John Cornyn (R-Texas), Ted Budd (R-N.C.) and Cynthia Lummis (R-Wyo.) cosponsored the bill.

“Now more than ever, the New Axis of Evil is threatening the security of free nations, and every NATO member country needs to spend their fair share to keep our adversaries from accomplishing their goals. Our resolution urges all NATO members to fulfill their obligation to spend 5% of GDP on defense and address the security risks we are facing,” said Blackburn.

“It’s past time for NATO members to pony up. It’s not the job of the American taxpayers to pay to defend the entire world. Thank God for President Trump who is finally standing up for American taxpayers and fighting to put America First,” said Tuberville.

“NATO members agree: Deterrence is more important now than at any time in recent memory. The axis of aggressors is watching, hoping the West underestimates its threats. I am grateful for the Hague Summit Declaration’s spending commitment, and I will continue pressing member nations to follow through on their word. The free world can achieve peace through collective strength,” said Wicker.

“Conflicts in Europe and the Middle East and tensions in the Indo-Pacific threaten our global stability and security. It’s critical for NATO nations to honor their commitments on national defense, ensuring military readiness within the NATO alliance,” said Cornyn.

Kennedy also penned an op-ed in Newsweek, arguing that Congress needs to hold NATO member countries to their five percent defense spending commitments.

Background:
- The Trump Administration secured a historic win by encouraging NATO member countries to move toward spending 5 percent of their GDP on collective defense.
- However, the Hague Summit Declaration allows countries to evade their commitments in two ways: (1) by not specifying that all allies must meet the five percent requirement, and (2) by permitting 1.5 percent of the total to include spending that is only loosely related to defense.
- Spain has recently said that it will not be meeting the five-percent commitment. Italy has said it may include a bridge to Sicily as part of its non-traditional defense total.
The resolution:
- Congratulates President Trump and NATO leadership on this historic agreement.
- Strongly urges NATO leadership to compel its members to adhere to the five percent commitment.
- Calls on NATO allies to ensure their non-traditional defense expenditures are legitimate defense spending.
The full text of the resolution is available here.
MIL OSI USA News –
July 31, 2025
MIL-OSI USA: Senate Homeland Security Committee unanimously passes Kennedy, Peters bill to end government payments to deceased Americans
US Senate News:
Source: United States Senator John Kennedy (Louisiana)

WASHINGTON – The U.S. Senate Homeland Security and Governmental Affairs Committee (HSGAC) today unanimously voted to advance Sen. John Kennedy (R-La.) and Sen. Gary Peters’ (D-Mich.) Ending Improper Payments to Deceased People Act, which would save hard-earned taxpayer money by curbing erroneous payments to individuals who have passed away.

Kennedy’s original bipartisan legislation set up key provisions to save federal taxpayer dollars by curbing erroneous government payments to individuals for a temporary three-year period, and this new Kennedy-Peters bill would make the temporary provisions permanent. The original bill is expected to save at least $330 million from 2024 to 2026.

“Today’s unanimous Senate Homeland Security Committee vote to pass my Ending Improper Payments to Deceased People Act is a major win for every American worried about waste, fraud, and abuse in our federal budget. There’s no reason hardworking Americans should have to pay for the government’s mistaken payments to dead people. I look forward to the full Senate passing our bill right away,” said Kennedy.

“This bill would help save millions of taxpayer dollars by ensuring that the Social Security Administration can permanently share important data with the Treasury’s Do Not Pay system, preventing wrongful payments to deceased individuals. I have long supported this legislation because I believe it is a vital step in safeguarding taxpayer dollars and ensuring the integrity of our payment systems,” said Peters.

In January 2025, the Treasury Department announced that it recovered $31 million in fraud and improper payments during the first five months of the implementation of Kennedy’s Stopping Improper Payments to Deceased People Act, in which the Social Security Administration shared its Death Master File with the Treasury Department to avoid erroneous payments temporarily.

The Ending Improper Payments to Deceased People Act would permanently amend the Social Security Act to allow the Social Security Administration to share the Death Master File – a record of deceased individuals – with the Treasury Department’s Do Not Pay system. This change would rein in the government’s ability to make improper payments to deceased people in the future.

The bill would also allow the Treasury’s Do Not Pay working system to compare death information from the Social Security Administration with personal information from other federal entities and to share this information with any paying or administering agency that is authorized to use the Do Not Pay system.

Background:

Kennedy has championed the cause of saving billions of dollars in taxpayer money by ending improper payments to deceased Americans in recent years:
- In December 2024, Kennedy urged his colleagues to save taxpayer dollars and support the Ending Improper Payments to Deceased Americans Act on the Senate floor.
- In May 2024, the Senate Committee on Homeland Security and Governmental Affairs unanimously passed Kennedy’s Ending Improper Payments to Deceased People Act.
- Kennedy’s Stopping Improper Payments to Deceased People Act became law in December 2020. The bill mandates the sharing of the Social Security Administration’s Death Master File with the Department of the Treasury’s Do Not Pay working system within three years after enactment. The three-year exchange runs from December 27, 2023, to December 27, 2026.
- In 2021, Kennedy wrote this op-ed sounding the alarm on the government’s sending more than $1 billion to deceased Americans.
- In 2019, Kennedy questioned U.S. Government Accountability Office Comptroller General Hon. Gene L. Dodaro about improper payments sent to deceased people.
Full bill text is available here.
MIL OSI USA News –
July 31, 2025
MIL-OSI USA: Tillis, Colleagues Introduce Framework to Combat Foreign Online Piracy, Protect American Copyright Holders

US Senate News:

Source: United States Senator for North Carolina Thom Tillis

WASHINGTON, D.C. – Today, Senators Thom Tillis (R-NC), Chris Coons (D-DE), Marsha Blackburn (R-TN), and Adam Schiff (D-CA) introduced a discussion draft of the Block Bad Electronic Art and Recording Distributors (Block BEARD) Act of 2025 bipartisan legislation that would allow copyright owners, who have had their property stolen, to seek U.S. federal court action to block dedicated foreign online piracy operations from making that stolen content available to American households.

“Foreign piracy sites are stealing from American creators, threatening good-paying jobs, and exposing U.S. consumers to real online harms via malware, identity theft, and the like,” said Senator Tillis. “The Block BEARD Act gives us a smart, targeted tool to stop these criminal operations at the source without infringing on legitimate speech or due process. I’m proud to lead this bipartisan discussion to protect our creative economy and digital security and I look forward to continuing to work with my colleagues in the House to address this important matter.”

“Foreign websites pirating American movies, TV shows, art, and books steal tens of billions of dollars from the U.S. economy each year,” said Senator Coons. “This costs our creative community hundreds of thousands of jobs. Today, the United States takes an important step to join the many other nations around the world that have taken steps to crack down on foreign IP theft. This bipartisan legislation will give Americans the tools they need to protect their intellectual property rights, while ensuring the internet remains a vibrant forum for free speech. I look forward to working with my colleagues and with stakeholders on all sides of this issue to advance this much-needed bill.”

“Tennessee’s thriving creative community must be protected from the theft of creative works by foreign criminals,” said Senator Blackburn. “Foreign piracy operations jeopardize the American creative industry through phishing, identity theft, and financial fraud, and the Block BEARD Act would protect creators by enabling them to pursue legal action in U.S. federal courts against these criminals.”

“I’m proud to join my colleagues in this effort to protect creators and consumers alike from foreign criminal enterprises seeking to steal our intellectual property and exploit Americans,” said Senator Schiff. “As Ranking Member of the Senate Judiciary Subcommittee on Intellectual Property and a steadfast advocate for the creative community, I understand that robust protections are essential for innovation and economic growth in the digital age. This commonsense approach will provide the courts with the tools they need to combat foreign piracy operations and help level the playing field for American artists and creators who deserve to be fairly compensated for their work.”

“We are grateful to Senators Tillis, Coons, Blackburn, and Schiff for their leadership in crafting a carefully tailored proposal that empowers US federal courts to protect consumers, rightsholders, and markets from large scale foreign piracy while preserving the protections contained in the DMCA,” said Mitch Glazier, Chairman and CEO, Recording Industry Association of America. “Similar tools have been proven effective around the world over the last ten years with no harm to speech, Internet infrastructure or security, or participation online, and we strongly support this effort to create a simple, effective, judicial remedy with due process in the U.S.”

“Piracy steals hundreds of thousands of jobs from the film and television industry, drains billions from the U.S. economy, and puts millions of American consumers at risk – and the Block BEARD Act will provide us with a safe and effective way to counter this danger and combat large-scale copyright infringement,” said Charles Rivkin, Chairman and CEO, Motion Picture Association. “With bold leadership from Senators Tillis, Coons, Blackburn, and Schiff, the Block BEARD Act will equip our nation with a tool that’s worked in dozens of countries worldwide: a narrow, targeted means to fight the worst forms of foreign piracy while protecting free speech and the rule of law.”

Background:

The Block BEARD Act would empower copyright owners to seek U.S. federal court orders against foreign websites dedicated to digital piracy, preventing them from making stolen content accessible to American households. To obtain relief, copyright holders must present evidence of specific harm and demonstrate the criminal nature of the targeted site. Courts could then direct internet service providers block access to the identified sites, while granting those providers immunity from liability, including for claims related to the petitioner’s actions. The legislation includes strong public interest safeguards to protect free expression, due process, and legitimate online services operating in compliance with U.S. law. This targeted legal tool mirrors successful approaches used in over 50 democratic countries to curb foreign piracy operations that undermine creative industry jobs and expose users to malware, identity theft, and fraud.

Full text of the Block BEARD Act is available HERE.

MIL OSI USA News –

July 31, 2025
MIL-OSI United Nations: With Gaza smouldering, ministers renew push for two-State solution at UN

Source: United Nations 4

The High-level International Conference for the Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution took place in New York from 28 to 30 July.

The United States and Israel did not participate.

France and Saudi Arabia, co-chairs of the Conference, called on all UN Member States to support a declaration urging collective action to end the war in Gaza and to achieve a just, peaceful and lasting settlement of the Israeli-Palestinian conflict.

The New York Declaration on the Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution outlines political, humanitarian, and security steps to be taken on a timebound and irreversible basis.

The co-chairs urged countries to endorse the declaration by the end of the 79th session of the General Assembly, in early September, should they so wish.

Act before it is too late

In his stark opening remarks on Monday, Secretary-General Guterres stressed that the two-State solution is the only viable path to ending the longstanding conflict and achieving lasting peace in the region, warning that there is no alternative.

“A one-State reality where Palestinians are denied equal rights and forced to live under perpetual occupation and inequality? A one-State reality where Palestinians are expelled from their land? That is not peace. That is not justice. And that is not acceptable,” he said.

He condemned both Hamas’ 7 October 2023 attacks and the scale of Israel’s military response, reiterating his call for an immediate and permanent ceasefire, the unconditional release of hostages, and unfettered humanitarian access.

“This conflict cannot be managed. It must be resolved,” Mr. Guterres concluded. “We must act before it is too late.”

UN Photo/Evan Schneider

Secretary-General António Guterres addresses the high-level conference on the peaceful settlement of the question of Palestine and the implementation of the two-State solution.

Calls for peace

Over the three days, more than 125 speakers took the floor during the general debate, including high-level representatives from across the globe and major regional and international organizations such as the Organization of Islamic Cooperation (OIC) and the International Committee of the Red Cross (ICRC).

Delegates underscored the urgency of concrete steps to realise a two-State solution, highlighting the need to empower and reform the Palestinian Authority, reconstruct Gaza and ensure accountability for violations of international law.

France, which co-chaired the Conference, recalled its support for Israel as it joined the community of nations and affirmed that Palestinians deserve the same right to a homeland.

“At a time where the two-State solution is more threatened than ever, France is ready to fully recognise the State of Palestine,” said Jean-Noël Barrot, Minister for Europe and Foreign Affairs. That recognition, he added, would come in September when leaders reconvene for the General Assembly’s 80th session.

Co-chair Saudi Arabia’s Foreign Minister, Faisal bin Farhan al Saud, emphasised the suffering of thousands of civilians in Gaza under bombardment, while Israeli settlements expand in Jerusalem and the West Bank to alter the region’s demographic nature.

“Peace and security do not take place through deprivation of rights or force,” he said, underscoring the need for a genuine and irreversible peace process.

UN Photo/Loey Felipe

Foreign Secretary David Lammy of the United Kingdom addresses the high-level conference.

The United Kingdom’s Foreign Secretary, David Lammy, outlined recent UK actions – including the suspension of arms exports and sanctions on extremist settlers, and restoring of funding to the UN Relief and Works Agency for Palestine Refugees.

“It is with the hand of history on our shoulders that His Majesty’s Government therefore intends to recognise the State of Palestine when the UN General Assembly gathers in September here in New York,” he declared.

“We will do this unless the Israeli Government acts to end the appalling situation in Gaza, ends its military campaign and commits to a long-term sustainable peace based on a two-State solution.”

MIL OSI United Nations News –

July 31, 2025
MIL-OSI Canada: Remarks by the Minister of Foreign Affairs, Anita Anand at the Ministerial Conference on the Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution
Source: Government of Canada News

July 28, 2025
New York, New York

Check against delivery

Excellencies, distinguished delegates, honoured colleagues.

The Palestinian question is at the heart of any hope for long-term stability in the Middle East.

Despite the complexity of the situation, our collective presence here today reflects strong international support for a negotiated solution.

One that ensures Palestinian self-determination and Israeli security.

And one that charts a path toward lasting regional peace and prosperity.

As article 1 of the UN Declaration of Human Rights states: “All human beings are born free and equal in dignity and rights.”

Canada remains firmly committed to a two-state solution: an independent, viable and sovereign Palestinian state living side by side with Israel in peace and security.

Canada supports the Palestinian people’s right to self-determination.

And we endorse the principle of Palestinian statehood.

We shall continue to discuss with the Palestinian Authority the next steps in our relationship.

A workable Palestinian state needs legitimate, democratic governance that serves all Palestinian people.

Crucially important is the Palestinian Authority’s commitment to undertake the comprehensive reforms necessary to govern Gaza and the West Bank.

To that end, today Canada is pledging an additional $10 million this year to accelerate reform and capacity building for the Palestinian Authority.

Canada’s commitment to a two-state solution is rooted in our desire to see the Palestinian people living with freedom and dignity AND to see Israelis live in peace and security.

In this light, this path is not only the most just course, it is the only sustainable one.

In Gaza, the humanitarian situation is catastrophic.

Multitudes of Palestinians are dying of starvation, being killed trying to access food and water or are in military operations that have resulted in mass casualties. And those who survive are at risk of preventable disease and death.

This is unacceptable.

We condemn the continued detention of hostages held captive by Hamas since 7 October, 2023, and call for their immediate and unconditional release.

Hamas is a terrorist organization, and it must immediately and unconditionally release all hostages.

Hamas can have no role in Gaza’s future governance.

Israel’s right to live in peace and security with its neighbours has long been, and continues to be, a key principle of Canada’s Middle East policy.

I believe this right must be recognized by all partners who are committed to peace.

To this principle must be joined our shared commitment to Palestine’s right to live in peace and security.

Joined by international partners, Canada also recently condemned the ongoing civilian suffering:
- We condemn the inhumane killing of civilians, including children.
- We condemn the ongoing expansion of settlements and settler violence in the West Bank.
- And we condemn the forced displacement of the Palestinians population.
The actions outlined just now are all violations of international humanitarian law.

We urge all partners to continue to support a principled response through non-governmental humanitarian organizations—organizations with proven capacity to deliver humanitarian assistance at scale.

Canada has committed more than $315 million in humanitarian aid to Gaza—making us the third-largest bilateral donor in response to this crisis.

This includes:
- Support to the World Food Programme to address critical food assistance needs.
- Support to the International Committee of the Red Cross [and] Red Crescent to provide emergency medical care and protection.
- Support to UNICEF to deliver urgent nutritional supplies to malnourished children.
- And support to other experienced humanitarian partners and NGOs.
Announcement

Today, given the ongoing and urgent need, Canada is announcing an additional $30 million in new money this year for those in Gaza.

This funding will allow more aid to be prepositioned in the region and ready to be delivered at scale as soon as logistically possible.

For this critical aid to reach those in need, humanitarian partners must be granted safe and unhindered access to civilians in Gaza.

But how do we get to a place where recovery and healing can begin?

Canada sees this conference as a reaffirmation of principles—and a call to action.

A lasting political solution requires a permanent ceasefire to begin the hard work of rebuilding institutions, restoring trust and the conditions for a viable two-state solution.

[In this regard, Canada commends the efforts of Qatar, Egypt and the United States in looking to secure a ceasefire.]

No durable solution can emerge without all parties at the table.

Until that time, and after a ceasefire, the Government of Canada will be present with humanitarian aid and will play a leading role in building bridges to more and more aid for Gaza with international partners.

MIL OSI Canada News –
July 31, 2025
MIL-OSI USA: SBA Offers Relief to Washington Small Businesses and Private Nonprofits Affected by Drought

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Washington to offset economic losses caused by drought beginning July 8.

The declaration covers the Washington counties of Adams, Asotin, Columbia, Franklin, Garfield, Lincoln, Spokane and Whitman as well as Idaho counties of Benewah, Latah and Nez Perce and the Oregon county of Wallowa.

Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

The loan amount can be up to $2 million with interest rates as low as 4% for businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Submit completed loan applications to SBA no later than March 16, 2026.

###

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: SBA Offers Relief to Kansas Small Businesses and Private Nonprofits Affected by May Drought

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Kansas to offset economic losses caused by drought beginning May 20.

The declaration covers the Kansas counties of Decatur, Graham, Norton, Phillips, Rawlins, Sheridan and Thomas as well as the Nebraska counties of Furnas, Harlan and Red Willow.

Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

The loan amount can be up to $2 million with interest rates as low as 4% for businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Submit completed loan applications to SBA no later than March 16, 2026.

###

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: SBA Offers Relief to Nebraska Small Businesses and Private Nonprofits Affected by May Drought

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Nebraska to offset economic losses caused by drought beginning May 13.

The declaration covers the Nebraska counties of Buffalo, Butler, Chase, Clay, Colfax, Dawson, Dodge, Dundy, Fillmore, Franklin, Frontier, Furnas, Gosper, Hamilton, Harlan, Hayes, Hitchcock, Jefferson, Kearney, Lancaster, Lincoln, Merrick, Nuckolls, Perkins, Phelps, Platte, Polk, Red Willow, Saline, Saunders, Seward, Thayer and York as well as Kansas counties of Decatur, Norton and Rawlins.

Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Submit completed loan applications to SBA no later than March 16, 2026.

###

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

MIL OSI USA News –

July 31, 2025

MIL-OSI USA: SBA Offers Relief to Idaho Small Businesses and Private Nonprofits Affected by July Drought

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low‑interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Idaho to offset economic losses caused by drought.

The disaster declarations cover the counties listed below:

Declaration Number	Primary Counties/Parishes	Neighboring Counties/Parishes	Incident Type	Incident Date	Deadline
ID 21214	Clearwater, Idaho, Lemhi, Lewis and Shoshone	Adams, Benewah, Bonner, Butte, Clark, Custer, Kootenai, Latah, Nez Perce and Valley in Idaho; Beaverhead, Mineral, Missoula, Ravalli and Sanders in Montana; Wallowa in Oregon.	Drought	Beginning July 1, 2025	3/16/26
ID 21217	Benewah, Latah and Nez Perce	Clearwater, Idaho, Kootenai, Lewis and Shoshone in Idaho; Wallowa in Oregon; Asotin, Spokane and Whitman in Washington.	Drought	Beginning July 8, 2025	3/16/26

Under these declarations, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

The loan amount can be up to $2 million with interest rates as low as 4% for businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

To apply online and receive additional disaster assistance information visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Submit completed loan applications to the SBA no later than March 16, 2026.

###

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

MIL OSI USA News –

July 31, 2025

MIL-OSI USA: SBA Offers Relief to Colorado Small Businesses and Private Nonprofits Affected by May Drought

Source: United States Small Business Administration

SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Colorado to offset economic losses caused by drought beginning May 13.

The declaration covers the Colorado counties of Eagle, Garfield, Grand, Jackson, Lake, Moffat, Pitkin, Rio Blanco, Routt and Summit as well as Utah counties of Daggett and Uintah, and the Wyoming counties of Carbon and Sweetwater.

Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Submit completed loan applications to SBA no later than March 16, 2026.

###

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: McConnell Comments on the Passing of Bill Deaton

US Senate News:

Source: United States Senator for Kentucky Mitch McConnell

WASHINGTON, D.C. – U.S. Senator Mitch McConnell (R-KY) released the following statement today on the passing of Bill Deaton of London, Kentucky.

“I was deeply saddened to hear about the passing of my friend, Bill Deaton. A successful businessman and leader in London, he will be remembered for his generosity and his entrepreneurial spirit. His legacy will surely be remembered by many. Elaine and I send our sincere condolences to Judy, his wife of 58 years, his children, his grandchildren, and all his family and friends.”

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: McConnell Comments on the Passing of Betty Lou Weddle

US Senate News:

Source: United States Senator for Kentucky Mitch McConnell

WASHINGTON, D.C. – U.S. Senator Mitch McConnell (R-KY) released the following statement today on the passing of Betty Lou Weddle of Liberty, Kentucky:

“Elaine and I were incredibly saddened to learn of the passing of our good friend in Casey County, Betty Lou Weddle. When I first sought my current office back in 1984, it was Betty Lou and her late husband, T.M., who took me around their community to meet voters and local leaders. We remained in close contact for the next four decades, and every time I visited Casey County, Betty Lou was always the first person I met with to discuss what mattered to her area. We worked together on the Central Kentucky Ag-Expo Center in Casey County – a project that reflects the hospitality, passion, and instinct for public service Betty Lou displayed throughout her life.

“Betty Lou contributed her entire life to her Casey County home as a farmer, teacher, and community leader. She was deeply committed to her husband throughout their 68 years of marriage and raised two children, Tom and Linda, who have followed in her footsteps as public servants of the highest degree. I share my deepest condolences with her children, grandchildren, and great-grandchildren and will hold the entire Weddle family in my prayers.”

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: McConnell Remarks at McCain Institute Russia Task Force Event

US Senate News:

Source: United States Senator for Kentucky Mitch McConnell

WASHINGTON, D.C. – U.S. Senator Mitch McConnell (R-KY), Chairman of the Senate Appropriations Defense Subcommittee, delivered opening remarks at a McCain Institute event “Highlighting Policy Recommendations for Post-War Russia.” Below are his remarks as prepared for delivery:

It’s hard to think of a more appropriate home for the Task Force’s important work than the McCain Institute, or a more fitting ringleader than a proud McCain alumnus like Dan Twining.

My good friend, John McCain, was so unapologetic and clear-eyed about the scope of America’s interests. And he relished being the speck in Vladimir Putin’s eye through his solidarity with the free peoples of eastern Europe…

He supported the expansion of the greatest military alliance in the history of the world… And stood for the right of sovereign nations to choose their destiny.

When Putin called the fall of the Soviet Union the “greatest political catastrophe of the 20^th century,” John understood that he meant it, and urged our colleagues to take Russia’s neo-Soviet ambitions seriously.

In the not-so-distant past, that sort of clarity – acknowledging that Russia still threatened America’s interests – could invite public scorn…

…Like the sort of sanctimonious condemnation a certain former colleague of mine received from President Obama during a prime-time debate.

We heard that Putin would moderate… That his ambitions were limited… And that anyone who suggested otherwise was a dusty Cold Warrior past his prime.

Well, to that I say: It is so good to be among friends!

***

Needless to say, the importance of grappling with Russia’s behavior and motivations can no longer be laughed away.

Wake-up call is perhaps the most tired phrase of the past three years.

And yet that’s exactly what Putin’s escalation in 2022 was: an urgent, overdue, uncomfortable, and undeniable alarm.

It was a reminder that the realities of geopolitics don’t care which region we’d rather prioritize or what we’d rather spend our treasure on. The bravery of Ukraine’s defenders and the suffering of its civilians press us to remember that our enemies get a vote.

There are, of course, promising signs that the West has managed to free itself from the delusion that hegemonic aggressors can be appeased.

Reports of our European allies’ rebuilding their military strength are not exaggerated.

Nearly all NATO members today are striving toward the Baltics’ example of investment and readiness… And those who are not should hear from all of us.

In the process, allies are making overdue sacrifices to stamp out dependency on Russian energy…

They’re placing enormous investments in cutting-edge American-made weapons…

And they’re proving willing to break domestic political china – even changing a Constitution or two – to unlock deeper and more sustained commitments to collective defense.

This transformation is real. It’s well underway. And it’ll be essential to securing America’s interests in the coming decades.

What about here at home? As friends of Ukraine, we may be tempted to dwell on the ways we drag behind this progress… and overlook the ways we underpin it.

We may rightly be frustrated by years of murky commitments, slow-walked assistance, fear of escalation, and confusion about who the aggressor is.

But I would suggest that, on this, America has much to be proud of.

Just consider the cascading benefits of U.S. assistance to Ukraine: a small fraction of our defense budget has helped Ukraine resist and degrade a more powerful military aggressor.

After years of talk and little action to address the shortcomings of our own arsenal and defense industrial base, we’ve spurred massive investments in replenishing stocks and producing deterrent capabilities faster.

By partnering with the world’s most experienced practitioners of drone warfare, we’ve tapped into a wealth of knowledge about the changing nature of the modern battlefield. Ukraine’s expertise is teaching America today what our forces will need to prevail tomorrow.

And as NATO’s biggest spender, America has encouraged much of our allies’ transformation.

***

Of course, I don’t mean to suggest that we’ve escaped the gravitational pull of complacency and short-sightedness for good. Our allies’ progress is not assured forever. European security – and trans-Atlantic security – is not some clock to be wound once and left alone.

Perhaps the biggest lesson of 2022 – even bigger than the need to invest urgently today – is the importance of long-term commitments, and steady, annual investments in defense.

And on this front, America must continue to lead by our example. We simply cannot expect allies to reach and sustain five percent if we’re only willing to spend three-and-a-half, ourselves.

A strategy to lead from behind is no strategy at all. And as the Task Force makes perfectly clear, this goes beyond spending targets – it’s about presence, too.

Even as our allies and partners build more lethal forces, there’s still no more credible deterrent than American commitment.

No wonder European allies generously support rotational deployments of U.S. troops and invest in state-of-the-art training ranges for joint exercises. These commitments improve our collective readiness and interoperability, and they’re worth sustaining.

The task of illustrating the strategic importance of Europe to America’s security interests is not ours, alone. In fact, for years now, there’s been no more effective communicator of what’s at stake in Ukraine – strategically and morally – than Putin, himself.

As he continues to throw a generation into the meat-grinder of combat and target Ukrainian mothers and children at will, Putin is sending a clear message.

And in the face of his brutal aggression and public revisionism, overwhelming majorities of Americans recognize Russia as our adversary… and see that the outcome of Putin’s war of conquest matters immensely to us.

Much to the dismay of restrainers and isolationists who thought they’d get to freelance American foreign policy, the President of the United States increasingly sees Putin’s signals for what they are.

The President has been right to recognize Putin’s play for time. He’s been right to entertain proposals for new, secondary sanctions. Most importantly, he’s been right to green-light further lethal assistance to Ukraine.

I’ve said this before: Stopping the killing is a noble goal, but the price of peace matters. And there will be no enduring peace unless Ukraine is equipped to credibly deter further aggression from Russia.

***

The appetite of neo-Soviet imperialism does not end with Ukraine. How do we know?

Because Putin’s predecessors subjugated far wider swaths of Europe…

Because he invaded Georgia…

And because, as we speak, his troops are in Moldova, too!

Nations that have spent centuries in Russia’s shadow do not stumble westward by accident.

Finland and Sweden did not join NATO out of symbolic solidarity with Ukraine.

They did it because they know that Putin wants more.

So the Task Force is right to take the long view and grapple seriously with what comes next.

What comes next for the trans-Atlantic alliance?

What comes next for the increasingly aligned authoritarians working to undermine U.S. interests and influence?

What comes next for America and our ability to defend these interests and preserve this influence?

As you put it, our deterrence is not divisible. And I would add: this is because our credibility is not divisible.

No U.S. ally in the Indo-Pacific has time to waste on the notion that the implications of deterrence in Europe are confined to a separate sphere of influence.

No ally in Europe can afford to miss the crystal-clear connection between Russian aggression and support from China, North Korea, and Iran.

The consequences of America’s strategic decisions still ripple across oceans and continents with equal speed.

And a headline that reads “Russia Wins, America Loses” will read as clearly in Beijing, Tehran, and Pyongyang as it does here in Washington.

Avoiding that outcome will take more work from all of us. Thank you for all you’re doing.

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Ricketts Celebrates Advancing of Historic Housing Bill, Inclusion of Streamlining Rural Housing Act

US Senate News:

Source: United States Senator Pete Ricketts (Nebraska)

WASHINGTON, D.C. – Yesterday, during a Senate Banking Committee hearing, U.S. Senator Pete Ricketts (R-NE) and his committee colleagues unanimously (24-0) passed the bipartisan Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025. Ricketts celebrated the legislative package’s inclusion of the Streamlining Rural Housing Act that he introduced last week. Ricketts also discussed the importance of meeting rising demand for rural housing.

“Across Nebraska, rural housing has been a huge demand,” said Ricketts. “When I was Governor of Nebraska, our state created a rural workforce housing fund to be able to help communities and developers to be able to create more rural housing stock. At the state level, we made this a simple program and it was very successful. I’ve heard from housing developers in Nebraska that have challenges when they are drawing money from both HUD and USDA Rural Development because of the overlapping authorities. These agencies require separate processes for environmental review and housing inspections. This produces more regulatory costs and bureaucratic red tape, which leads to delays to completion in projects. The Streamlining Rural Housing Act will require the two agencies to enter into a memorandum of understanding to align the different housing standards. This bill is the first step to enhance efficiency and eliminate conflicting requirements that delay approvals so we can build more housing in rural states like Nebraska and across the country.”

Senator Ricketts also co-sponsored the Housing Supply and Innovation Framework Act, Rural Housing Service Reform Act, VA Home Loan Awareness Act, and Veterans Affairs Loan Informed Disclosure (VALID) Act which were included in the ROAD to Housing Act of 2025.

Click here to watch more.

Senator Ricketts’ comments were made during a business meeting of the Committee on Banking.

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Former NBA star, suspected Israeli crime figure arrested on federal indictment alleging high-stakes illegal poker games at Encino mansion

Source: US Immigration and Customs Enforcement

July 30, 2025Los Angeles, CA, United StatesOrganized Crime

LOS ANGELES — U.S. Immigration and Customs Enforcement and law enforcement partners conducted an operation July 30, where former NBA star Gilbert Arenas and five other defendants — including a suspected high-level member of an Israeli transnational organized crime group — were arrested on a federal indictment alleging they operated an illegal gambling business in which high-stakes poker games were played at an Encino mansion Arenas owned.

Arenas, 43, aka “Agent Zero,” of Woodland Hills, is charged with one count of conspiracy to operate an illegal gambling business, one count of operating an illegal gambling business, and one count of making false statements to federal investigators.

He is scheduled to make his initial appearance and be arraigned this afternoon in United States District Court in downtown Los Angeles.

USAO News Release

MIL OSI USA News –

July 31, 2025
MIL-OSI Security: Defense News in Brief: Army’s Project Flytrap Advances Defense Secretary’s Drone Dominance Agenda

Source: United States Department of Defense

U.S. and British soldiers conducted the fourth iteration of the Project Flytrap exercise at the Hohenfels Training Area in Germany and the Bemowo Piskie Training Area, near Elk, Poland, to better prepare to counter the threats posed by unmanned aerial systems on the battlefield.

MIL Security OSI –

July 31, 2025
MIL-OSI USA: Congressman Al Green Addresses the Recent Proposal for Congressional Redistricting

Source: United States House of Representatives – Congressman Al Green (TX-9)

(Houston, TX)—On Wednesday, July 30, 2025, Congressman Al Green issued the following statement addressing the recent proposal for congressional redistricting:

Congressman Al Green stated, “Today, I received what appears to be the proposed redistricting congressional lines for Texas. Of the many points that can be made, I shall call three to the attention of the public now and more later. Point one: the map is extreme invidious discrimination and accomplishes what the President has demanded of the Governor and more. Two, the DOJ demanded that the race card be played, and the Governor dealt the people of Texas a racist hand. Three, I will be on the ballot and will announce more of my intentionality after I have engaged in deliberations.”

MIL OSI USA News –

July 31, 2025
MIL-OSI: Hampton Financial Corporation Announces 3rd Quarter Results
Source: GlobeNewswire (MIL-OSI)

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

TORONTO, July 30, 2025 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV: HFC) today announced its financial results for the 3^rd quarter ended May 31^st, 2025.

Third Quarter ended May 31^st, 2025.

IFRS results highlights:
- Q3 Revenue of $1,738,000; decrease of 39% year-over-year
- Q3 Net Loss of $(1,201,000) or $(0.02) per share;
Fiscal results (IFRS results adjusted for non-cash Items) highlights:
- Q3 Adjusted Net Loss of $(945,000) or $(0.02) per share;
- Q3 EBITDA of $(686,000) vs $305,000 in the comparative quarter last year
Summary of Corporate Developments:

While our 3^rd quarter results reflect continued weakness, results for the 9 months ended May 31^st show signs of improvement which is being felt across across the Capital Markets industry. Corporate finance is improving slightly over the first half of our fiscal year but is still well below 2023/24 levels. While 2025 is showing some signs of improvement, the year ahead for our core business remains somewhat unclear. That said we intend to move ahead with a number of initiatives to further expand our business portfolio, while growing our existing Wealth Management and Capital Markets businesses.

Hampton’s commercial lending business, via its wholly owned subsidiary Oxygen Working Capital (“OWC”), has begun to show growth and make progress across a number of fronts, while onboarding new clients and diversifying it’s lending base. With further opportunities to lend across its existing portfolio currently being evaluated, the balance of the year is set to show similar signs of progress as the loan book continues to grow quarter over quarter.

“The third quarter results continue to demonstrate the industry-wide challenges faced during the fall of 2024, but we are beginning to see some selective improvements. Capital Markets activities continue to improve slowly as interest rates decline. We remain optimistic for the balance of the fiscal year,” said Hampton Executive Chairman & CEO Peter Deeb.

Copies of Hampton’s unaudited interim financial statements and its Management’s Discussion & Analysis for the nine months ended May 31^st, 2025, can be accessed on SEDAR+ at www.sedar.com.

About Hampton Financial Corporation

Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments.

Through its wholly-owned subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company, through HSL, provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad and HSL’s Corporate Finance Group provides early stage, growing companies the capital, they need to create value for investors. HSL continues to develop its Wealth Management, Advisory Team and Principal-Agent programs which offers to the industry’s most experienced wealth managers a unique and flexible operating platform that provides additional freedom, financial support, and tax effectiveness as they build and manage their professional practice.

Through its wholly-owned subsidiary, Oxygen Working Capital (“OWC”) the company offers factoring and other commercial financing services to clients across Canada.

The Company is exploring opportunities to diversify its sources of revenue by way of strategic investments in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

For more information, please contact:

Olga Juravlev
Chief Financial Officer
Hampton Financial Corporation
(416) 862-8701

Or

Peter M. Deeb
Executive Chairman & CEO
Hampton Financial Corporation
(416) 862-8651

The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

Forward-Looking Statements

This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” or similar words, including negatives thereof, suggesting future outcomes.

Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Company’s ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly, readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

The MIL Network –
July 31, 2025
MIL-OSI: Hampton Financial Corporation Announces 3rd Quarter Results
Source: GlobeNewswire (MIL-OSI)

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

TORONTO, July 30, 2025 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV: HFC) today announced its financial results for the 3^rd quarter ended May 31^st, 2025.

Third Quarter ended May 31^st, 2025.

IFRS results highlights:
- Q3 Revenue of $1,738,000; decrease of 39% year-over-year
- Q3 Net Loss of $(1,201,000) or $(0.02) per share;
Fiscal results (IFRS results adjusted for non-cash Items) highlights:
- Q3 Adjusted Net Loss of $(945,000) or $(0.02) per share;
- Q3 EBITDA of $(686,000) vs $305,000 in the comparative quarter last year
Summary of Corporate Developments:

While our 3^rd quarter results reflect continued weakness, results for the 9 months ended May 31^st show signs of improvement which is being felt across across the Capital Markets industry. Corporate finance is improving slightly over the first half of our fiscal year but is still well below 2023/24 levels. While 2025 is showing some signs of improvement, the year ahead for our core business remains somewhat unclear. That said we intend to move ahead with a number of initiatives to further expand our business portfolio, while growing our existing Wealth Management and Capital Markets businesses.

Hampton’s commercial lending business, via its wholly owned subsidiary Oxygen Working Capital (“OWC”), has begun to show growth and make progress across a number of fronts, while onboarding new clients and diversifying it’s lending base. With further opportunities to lend across its existing portfolio currently being evaluated, the balance of the year is set to show similar signs of progress as the loan book continues to grow quarter over quarter.

“The third quarter results continue to demonstrate the industry-wide challenges faced during the fall of 2024, but we are beginning to see some selective improvements. Capital Markets activities continue to improve slowly as interest rates decline. We remain optimistic for the balance of the fiscal year,” said Hampton Executive Chairman & CEO Peter Deeb.

Copies of Hampton’s unaudited interim financial statements and its Management’s Discussion & Analysis for the nine months ended May 31^st, 2025, can be accessed on SEDAR+ at www.sedar.com.

About Hampton Financial Corporation

Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments.

Through its wholly-owned subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company, through HSL, provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad and HSL’s Corporate Finance Group provides early stage, growing companies the capital, they need to create value for investors. HSL continues to develop its Wealth Management, Advisory Team and Principal-Agent programs which offers to the industry’s most experienced wealth managers a unique and flexible operating platform that provides additional freedom, financial support, and tax effectiveness as they build and manage their professional practice.

Through its wholly-owned subsidiary, Oxygen Working Capital (“OWC”) the company offers factoring and other commercial financing services to clients across Canada.

The Company is exploring opportunities to diversify its sources of revenue by way of strategic investments in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

For more information, please contact:

Olga Juravlev
Chief Financial Officer
Hampton Financial Corporation
(416) 862-8701

Or

Peter M. Deeb
Executive Chairman & CEO
Hampton Financial Corporation
(416) 862-8651

The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

Forward-Looking Statements

This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” or similar words, including negatives thereof, suggesting future outcomes.

Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Company’s ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly, readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

The MIL Network –
July 31, 2025
MIL-OSI USA: Mrvan Holds Workforce Roundtable

Source: United States House of Representatives – Congressman Frank J. Mrvan (IN)

Gary, IN – Today, Rep. Frank J. Mrvan (IN-01) and Rep. Nikki Budzinski (IL-13) held a Workforce Roundtable through their roles with the New Democrat Coalition with Northwest Indiana representatives of organized labor, higher education institutions, and local nonprofit organizations to discuss the federal government’s role in strengthening the workforce through education and training initiatives.

The roundtable included representatives from the Center of Workforce Innovations, the Construction Advancement Foundation, Goodwill Industries of Michiana, IBEW Union 6th District, the Indiana Plan, Ironworkers Local Union 395, Ivy Tech Community College, the Northwest Indiana Building Constructions Trade Council, Operating Engineers Local Union 150, United Steelworkers Local Unions 1010 and 1014, and United Way Northwest Indiana.

Congressman Mrvan stated, “Thank you to Rep. Budzinski, all of our colleagues in the New Democrat Coalition, and all of the participants today for this discussion on how we can continue to collaborate together to create more work and wealth in Northwest Indiana and communities across our country. Northwest Indiana is a community of people who work hard to get ahead, and I am grateful that this conversation can focus on the invaluable contributions from labor unions and their apprenticeship programs, nonprofits with dedicated job training resources, and technical education programs offered at high schools and institutions of higher education. This region’s commitment to education and training sends a clear message that Northwest Indiana is not only open for business, but we have the skilled workforce to get the job done.”

Congresswoman Budzinski stated, “I was excited to join Congressman Mrvan for our seventh New Dems on the Road stop to talk about a workforce development agenda that meets the demands of the 21st century economy. As a trade unionist, I know that a traditional four-year degree is far from the only path to a successful career – in fact, programs like registered apprenticeships offer incredible opportunities for folks to learn in-demand skills and get connected with good-paying jobs. It was great to hear from union leaders, community colleges, and local nonprofits about the work they’re doing in Indiana to expand access to these job training programs, and I look forward to bringing the insights from this conversation back to Washington, DC.”

For additional information on the New Democrat Coalition workforce initiatives, click here.

###

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Durbin Delivers Opening Statement At Spotlight Forum Examining Trump Administration’s Voter Suppression Efforts

US Senate News:

Source: United States Senator for Illinois Dick Durbin

July 30, 2025

Today’s spotlight forum comes after Durbin and Padilla led all Senate Democrats in reintroducing the John R. Lewis Voting Rights Advancement Act

WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, today delivered an opening statement at his and U.S. Senator Alex Padilla’s (D-CA) spotlight forum entitled “Protecting the Future of American Democracy: Fighting a Surge in Voter Suppression.” Today’s spotlight forum examined the recent surge in voter suppression by Republican state legislatures and the Trump Administration, ranging from attempts to purge voter rolls to the push to invalidate the results of the 2024 North Carolina State Supreme Court election through targeted disenfranchisement of voters after they had cast their ballots.

Today’s spotlight forum comes after Durbin and U.S. Senator Reverand Raphael Warnock (D-GA) led all Senate Democrats in reintroducing the John R. Lewis Voting Rights Advancement Act, legislation that would update and restore critical safeguards of the original Voting Rights Act.

Key quotes:

“We are here today because the sacred right to vote in America is under attack. Republican elected officials—and now federal institutions under the Trump Administration—are attempting to further restrict access to the ballot under the false banner of ‘election integrity.’ Most disturbingly, some of these efforts are being carried out or enabled by the very government entities charged with protecting that right.”

“This betrayal is deliberate. It is strategic. It is eroding the foundation of our democracy. Let me be clear. There is no longer a functioning federal entity actively safeguarding your right to vote.”

“The Justice Department’s Civil Rights Division, once the proud defender of voting access for communities of color, military service members, rural voters, and people with disabilities, has turned inward. Under a reimagined mission, aligned with MAGA politics and driven by the lies of widespread voter fraud, the Division’s Voting Section has completely abdicated its role in confronting the real and rising tide of disenfranchisement.”

“Look at North Carolina, where there was an aggressive, though thankfully unsuccessful, attempt to discard valid ballots and overturn an election after Justice Allison Riggs—now a member of the state’s highest court and a witness here today— finally won her seat.”

“Look at our federal agencies. The Department of Justice and the Department of Homeland Security are making demands for voter rolls from multiple states to initiate voter roll purges. These efforts, made under the guise of combating fraud, will disproportionately endanger voters of color, low-income communities, and active-duty military personnel.”

“What we are witnessing today is not a series of isolated misjudgments. This is a coordinated effort—emboldened by the myth of the stolen 2020 election—to restrict access to the polls through redistricting, voter roll purges, and legislative barriers.”

“We must treat this effort to erode our democracy with the urgency it demands. Yesterday, I joined Senators Warnock, Schumer, Blumenthal, Booker, [and Padilla], in reintroducing the John R. Lewis Voting Rights Advancement Act. This legislation would restore and strengthen preclearance protections gutted by the Supreme Court in 2013 and reestablish meaningful federal oversight of voting laws in jurisdictions with a history of discrimination.”

“The last time the Voting Rights Act was reauthorized, the Senate unanimously passed the legislation… This year marks the sixtieth anniversary of the passage of the original Voting Rights Act, and 20 years since its last reauthorization—and unfortunately, the bipartisan support we once saw for protecting the most fundamental of our rights has disappeared.”

“Have we forgotten Selma? Have we forgotten that people bled on the bridge and others lost their lives so that all Americans could have the freedom to cast their ballot without intimidation and baseless, discriminatory restrictions?”

“We must act—not just to protect the future, but to honor the legacy of those who fought to secure the ballot. History is watching, and it will not be kind to silence.”

Video of Durbin’s opening statement is available here.

Audio of Durbin’s opening statement is available here.

-30-

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Durbin Questions Judicial Nominees During Senate Judiciary Committee Hearing

US Senate News:

Source: United States Senator for Illinois Dick Durbin

July 30, 2025

Durbin’s questions provided the nominees a chance to clarify their controversial positions and past remarks before the Committee

WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, today questioned witnesses during a Senate Judiciary Committee hearing on the nominations of Joshua Dale Dunlap, nominated to be a United States Circuit Judge for the First Circuit; Eric Chunyee Tung, nominated to be a United States Circuit Judge for the Ninth Circuit; William Walter Mercer, nominated to be a United States District Judge for the District of Montana; and Stephen Chad Meredith, nominated to be a United States District Judge for the Eastern District of Kentucky.

Durbin first asked Mr. Tung to clarify his commentary on gender roles and LGBTQ+ rights. Just months ago, in remarks for a Federalist Society event, Mr. Tung defended originalism and wrote, “Whether there’s a constitutional right to abortion, same-sex marriage, sodomy, pornography, transgender procedures — the answer for the originalist is simple: No.”

“You seem to be questioning landmark Supreme Court decisions like Lawrence v. Texas and Obergefell [v. Hodges.] Let me ask you point blank: do you believe there’s a constitutional right formarriage for same-sex couples?” Durbin asked.

Mr. Tung responded only that if confirmed as a circuit judge, he would “be bound” by the precedent in the Supreme Court’s ruling.

“What do you believe now [in regard to gender roles?]” Durbin asked.

Mr. Tung dodged the question by stating that he could not comment on “live issues” as a judicial nominee.”

Durbin responded, “See that is where we run into problems. When we get down to basic values and positions, we know what he [wrote] years ago. I asked him what he believes today, and he tells me he can’t tell me the answer because he is possibly going to be on the bench. So, it’s very difficult to really understand where you stand on this situation.”

Durbin then asked Mr. Dunlap about minors’ abortion rights. In March 2015, Mr. Dunlap submitted written testimony to the Maine Legislature in support of a bill that would have made it more difficult forminors and incapacitated people to access abortions. The bill he supported sought to change Maine law which does not require minors to obtain the consent of a parent or guardian before having an abortion.

“Should a minor who is sexually assaulted or a victim of incest be forced to give birth if her parents do not consent to her having an abortion? Durbin asked.

Mr. Dunlap would not directly answer but claimed that his own views would not be relevant if he is confirmed to the bench and that he would “faithfully” abide by binding precedent.

“Let me ask you: are you saying what you said [in] March 2015 is the same position you hold today or a different one?” Durbin asked.

Mr. Dunlap again said his personal views are not applicable if confirmed as a judge.

What about Obergefell? Durbin asked.

Mr. Dunlap responded, “that would be binding precedent should I be confirmed.”

Durbin then asked Mr. Tung about his affiliation with Mike Davis, the president of the right-wing Article III Project. According to public reporting, Mr. Davis has played a key role in advising President Trump on judicial nominations during his second term.

“Is he [Mike Davis] your friend?” Durbin asked.

To which Mr. Tung replied that they are friends.

“Have you had any conversations regarding your nomination before President Trump announced it on July 2? Durbin asked.

“Just simply that it happened, Senator,” Mr. Tung responded.

Durbin then asked about Mr. Davis’s overtly racist remarks. In an October 2023 social media post, Mr. Davis wrote “[t]he violent Black underclass is a danger to America” and “[t]hese monsters will kill.”

“Do you condemn this offensive statement by Mr. Davis?” Durbin asked.

Mr. Tung refused to fully condemn the statement and instead said only that Mr. Davis’s comments “are not necessarily my views.”

Video of Durbin’s first round of questions in Committee is available here.

Audio of Durbin’s first round of questions in Committee is available here.

Footage of Durbin’s first round of questions in Committee is available here for TV Stations.

During the second round of questions, Durbin asked Mr. Mercer about his views of January 6 defendants.

“What is your reaction to the full and unconditional pardon of the January 6 defendants by President Trump?” Durbin asked.

Mr. Mercer refused to answer the question and instead said the judiciary has no involvement with the pardon power.

Durbin then asked Mr. Meredith about his anti-choice record. Beginning in 2017, Mr. Meredith defended Kentucky law that required doctors to present certain information to patients before performing an abortion procedure. As part of his defense of that law, he stated, “not every patient understands the consequences of an abortion procedure.”

“Do you believe that female patients are less likely or less able to understand medical advice than male patients? Durbin asked.

Mr. Meredith asked Durbin to clarify.

“Well, you said not every patient understands the consequences and we know we’re talking about primarily of women of childbearing status. You went onto say there are a ‘number of patients who don’t understand the nature of the fetus [within them].’ Do you believe that female patients are less likely to understand this?” Durbin asked.

Mr. Meredith claimed that he was summarizing the evidence in the record for the court.

“If you want to clarify what you said in light of what I quoted, please do so. At this point, I think there really is serious question as to what you’re trying to say,” Durbin responded.

Video of Durbin’s second round of questions in Committee is available here.

Audio of Durbin’s second round of questions in Committee is available here.

Footage of Durbin’s second round of questions in Committee is available here for TV Stations.

-30-

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Senators Marshall & Baldwin Introduce Legislation to End Dairy Mislabeling

US Senate News:

Source: United States Senator for Kansas Roger Marshall

Washington – On Tuesday, U.S. Senator Roger Marshall, M.D. (R-Kansas), joined Senator Tammy Baldwin (D-Wisconsin) to introduce the bipartisan Defending Against Imitations and Replacements of Yogurt, milk, and cheese to Promote Regular Intake of Dairy Everyday Act (DAIRY PRIDE Act) of 2025. This legislation will ensure that non-dairy products cannot engage in duplicitous labeling practices, such as calling non-dairy imitation products “milk” or “yogurt” that do not contain dairy and are instead from a plant, nut, or grain.
“Consumers deserve clear, honest labels on the products they purchase. Misleading labels on non-dairy products, which are often nutritionally inferior, cause confusion and undermine the value of real dairy,” said Senator Marshall. “With 90% of Americans falling short of daily dairy intake recommendations, milk stands out as an excellent source of critical nutrients like Calcium and Vitamin D, essential for building strong bones in kids and adults. These imitation products not only fail to match the 13 essential nutrients found in whole milk but also harm dairy farmers who tirelessly meet rigorous health standards to deliver the most nutritious drink known to man.”
“Wisconsin is known across the world as America’s Dairyland because our hardworking dairy farmers produce the best products with the highest nutritional value,” said Senator Baldwin. “But, for far too long, imitation dairy products made from plants and nuts have ridden the coattails of our dairy farmers and gotten away with using dairy’s good name without meeting those standards. I’m proud to work with my Democratic and Republican colleagues to settle this once and for all by requiring the federal government to stop these imitation products of lesser nutritional value from using labels like milk, cheese, and yogurt.”
The legislation was cosponsored by Senators Jim Risch (R-Idaho), Susan Collins (R-Maine), Peter Welch (D-Vermont), Pete Ricketts (R-Nebraska), Mike Crapo (R-Idaho), Angus King (I-Maine), Kirsten Gillibrand (D-New York), John Fetterman (D-Pennsylvania), Tina Smith (D-Minnesota), Amy Klobuchar (D-Minnesota), and Mike Rounds (R-South Dakota).
“Dairy comes from cows, goats, and sheep—not almonds. Plant-based products’ misleading branding is a disservice to consumers and the farmers who dedicate their lives to making the nutritious dairy products Idahoans enjoy,” said Senator Risch. “The DAIRY PRIDE Act requires the FDA to enforce accurate definitions for dairy terminology, end deceptive labeling, and advocate for the farmers who feed us.”
“As an Aroostook County native, I know how essential the dairy industry is to Maine’s economy and how hard our state’s dairy farmers work to produce nutritious milk, yogurt, cheese, and other products. It is unfair for non-dairy products to capitalize on milk’s nutritious brand,” said Senator Collins. “This bipartisan legislation would help protect our dairy farmers and the quality of their goods by requiring non-dairy producers to accurately label their products.”
“Our dairy farms are the heart of Vermont’s economy, our history, and our communities. The work they do should be protected and supported. That’s why I’m proud to join Senators Baldwin, Risch, and Collins in introducing the bipartisan DAIRY PRIDE Act,” said Senator Welch. “This bill will give our farmers much needed support and correct FDA’s misguided efforts to allow non-dairy products to use dairy names—giving dairy farmers the protections they need to thrive.”
This legislation is supported by the National Milk Producers Federation, American Farm Bureau Federation, EDGE Dairy Farmer Cooperative, Midwest Dairy Coalition, FarmFirst Dairy Cooperative, Wisconsin Farm Bureau Federation, Wisconsin Cheese Makers Association, Idaho Dairymen’s Association, and Associated Milk Producers, Inc. (AMPI).
Click here to read the full bill text.
Background:

Current Food and Drug Administration (FDA) regulations define dairy products as being from animals. But the most recent FDA guidance on fluid dairy products allows plant-based alternatives to continue to use dairy terms despite not containing dairy.
The DAIRY PRIDE Act would require the FDA to issue guidance for nationwide enforcement of mislabeled imitation dairy products within 90 days and require the FDA to report to Congress two years after enactment to hold the agency accountable for this update in its enforcement obligations.
Senator Marshall understands the nutritional importance of real, whole dairy products. He introduced the Whole Milk for Healthy Kids Act, which would expand healthy milk options in schools by reversing the Obama-era law that took whole milk out of school cafeterias.

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Senator Marshall’s Bill to Strengthen Employee Ownership in America Unanimously Passes Committee

US Senate News:

Source: United States Senator for Kansas Roger Marshall

Washington – On Wednesday, U.S. Senator Roger Marshall, M.D. (R-Kansas), released the following statement after the Senate Committee on Health, Education, Labor, and Pensions (HELP) unanimously voted to advance the bipartisan Retire through Ownership Act. This bill provides legal and regulatory clarity, making the formation of new employee stock ownership plans (ESOPs) easier and operating current ESOPs less burdensome.“Kansans are known for their work ethic, and they deserve a secure retirement following a lifetime of hard work,” said Senator Marshall. “Today, every Republican and Democrat member of the HELP Committee voted to advance my bipartisan legislation that will make it easier for Americans to save for the future and retire with confidence. I urge Congress to swiftly pass this legislation.”
Read the full bill text here.

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Senator Marshall: We’re Not Tired of Winning

US Senate News:

Source: United States Senator for Kansas Roger Marshall

Senator Marshall Joins the Brian Kilmeade Show to Discuss Trump Trade Deals, the MAHA Movement, and Democrats Obstructing Confirmations
Washington – On Wednesday, U.S. Senator Roger Marshall, M.D. (R-Kansas), joined Brian Kilmeade on The Brian Kilmeade Show on Fox News Radio to discuss President Trump’s historic trade deals and what they mean specifically for Kansas agriculture, MAHA movement momentum, China deterrence, and Senate Democrats’ attempts to obstruct the confirmation process.

Click HERE or on the image above to listen to Senator Marshall’s full interview.
On President Trump’s trade deals:
“Brian, I mean, we’re ecstatic, absolutely ecstatic. Every time I see the President, I’ll tell him we’re not tired of winning. But you know, who’s excited about these trade deals are my Kansas farmers and the aerospace industry. What Kansas exports are agriculture products and airplanes, and jets. So just ecstatic about these deals. The President removing these non-trade barriers all these countries, in addition to giving us basically zero types of penalties going into their country’s tariffs, but they’re also opening their markets, and they’re moving investment into America. Just this past week, I had several of the large pharma companies who make their drugs overseas, very popular, very successful [say that] they’re moving that manufacturing here, so we’re all excited about them.”
On Fed Chair Powell and interest rates:
“I sure hope so. Jerome “too late” Powell, he is too late, kind of like “too tall” Jones. This is Jerome “too late” Powell. He should have cut it a quarter point, some time ago, a quarter point now, half point in the future. He’s a lame duck, and I don’t know what he’s going to do. If he doesn’t drop something today, I just have to think it’s politically or emotionally motivated.”
On the progress of the MAHA movement:
“Yeah, we’re making great progress. Making incredible progress. We have a group of bills that will help support that movement as well. A group of bills that’s going to make our soil healthier, help our farmers grow more with less pesticides, and with less fertilizers. The thing I’m worried about right now, which is coming to my attention, Brian is China continues to make a lot of knockoffs. So, for instance, China is making a knockoff of a GLP-1, that they’re sending to the US, that’s compounded into a pharmacy. 14 people have died from that. So, one of my big emphases here is moving all that supply chain back to the United States. It’s easier said than done.”
On U.S.-China trade deals:
“The big picture is that with China, we have a $270 billion trade deficit to address. I think that people missed the calculated way that the Trump administration is doing this. Basically, they boxed in China. Think about it. They’ve done the EU. They’ve done Indonesia, the Philippines, Vietnam, Japan, and Australia, so that by having bilateral trade agreements with them, it’s putting a lot of pressure on China. One other thing China does to cheat is they’ll send a bunch of T-shirts that they made or tennis shoes, and they’ll send them to Vietnam, and then Vietnam is getting them in at their lower tariff rate. So, the President is doubling up on that type of transaction to make sure that those are tarred appropriately. So, we absolutely are getting there. To your point, I’m much more concerned about fentanyl poisoning, their intellectual property theft, the counterfeits they make, all those things. But I have faith in Scott Bessent. This guy is one of the sharpest people I’ve ever met.”
On Democrats stalling nominations and spending bills:
“I think this is the big political picture here, and you get this, but what’s driving the Democrat Party right now is the far left. Chuck Schumer is scared to death of AOC on the far left, so they’re demanding he’s got to do something. He’s got to do something. So, he’s doing everything in his power to gum up the process, whether it’s nominations or appropriations bills as well. He’s in a panicked mode right now, and he’s lashing out, slowing up what is traditionally done. People that would pass with unanimous consent and take zero floor time, we’re having to vote on them three times and spend two hours or more on each one of them. So, if they’re going to keep doing that, then we just need to stay here in August till we get more of these people confirmed.
On the Senate delaying recess until nominations are confirmed:
“The Democrats secretly want to all go home, right? That is their number one priority. These people are professional politicians; they’re used to having all summer off. And by the way, when I go back, I’m going to work harder back in Kansas than I do here. Then, at the same time, their leader is scared to death. I can’t believe he’s still there. Their leader hasn’t been fired yet, but he’s scared to death to be in a primary. So it’s all about his political legacy right now, keeping that together. But I just have to emphasize, Brian, yes, I want to go home, but I’ve done four telephone town halls up here with people back in Kansas in the last two weeks, with over 5,000 people on each one of those calls. You can go home on weekends. We’ve had significant, strong events as well. We could stay for easily two weeks, and still go back and accomplish that mission of targeting the great things about the Big Beautiful Bill, whether it’s the biggest tax cut in American history or no tax on tips, all those types of things. So, I think we can walk and chew gum. But, what we could do most to help the people of America is get President Trump’s nominations confirmed so they can execute his agenda.”
On Democrats battling each other on bipartisan bills:
“First of all, the one thing I learned politically up here is when your opponent is forming a circular firing squad, don’t hop in the middle of them. So, I think we need to give them all the rope we can on this. This kind of takes us back to what I was talking about earlier. The far left of the Democrat Party is the tail wagging the dog. Here’s Cory Booker running for president, right? He’s trying to reach that primary base, saying he’s the most radical, progressive person up here. That’s what he’s doing right there. And again, this is a party that won’t stop digging. They’re in this hole. They have no respect for law and order. They he just keep digging and digging. These bills that she’s proposing are bipartisan, stronger law and order support the police. He’s out there still shouting like this mayor candidate from New York that wants to defund the police. So, I think this is all political. They’re more interested in running for president, Cory Booker is. Then here, you have Amy Klobuchar, who’s one of the most moderate Democrats, level-headed people up here. And to be honest, it’s just been a joy to get to know and work with her. We’re in bipartisan prayer breakfast together. It’s something you’ll never see, but she gave just an incredible lesson to us today about life in our bipartisan prayer breakfast.”

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Senator Marshall: The USDA is Coming to Kansas City

US Senate News:

Source: United States Senator for Kansas Roger Marshall

Senator Marshall Questions Deputy Secretary of Agriculture About the USDA Reorganization
Washington – On Wednesday, U.S. Senator Roger Marshall, M.D. (R-Kansas), questioned Deputy Secretary of Agriculture,The Honorable Stephen Alexander Vaden, during a recent Senate Committee on Agriculture, Nutrition, and Forestry hearing focused on the recently announced USDA reorganizational proposal.

Click HERE or on the image above to watch Senator Marshall’s full exchange.
Highlights from the hearing include:
On why the USDA relocation to Kansas City makes sense:
Senator Marshall: “Mr. Vaden, welcome. Glad you’re here today. In your testimony, you were mentioning some of the advantages of moving to some of these communities. And I would just point out that you failed to mention that moving to Kansas City that suddenly you would have the advantage of being a Chiefs fan, rather than suffering through another year here with the Washington Commanders. You failed to mention, to be within an hour of the most storied basketball program in the nation, and just barely two hours away from the first land-grant university in America.
“And I just would want to give you a chance to talk a little bit more. You think about the Kansas City Metro, within a two-hour drive of the Iowa State University, the Nebraska University, Missouri, Arkansas…. How far away is Auburn? Not too far. So, my point is, you know what? You can’t coach talent. You have to have talent, and within just miles of there, some of the greatest ag research in the world. How important is that to American agriculture to have, let alone the affordability issues you mentioned?”
Deputy Secretary Vaden: “It’s vital. And I want to add to the mix, NBAF. We haven’t forgotten about that. You haven’t either. I know there’s some unfinished business left there. But when you think about the potential that facility has and the technology and level of research that can go on there that are vital for the future of American agriculture, you’ve pointed to many of the reasons why Kansas City also joined as one of our five hubs.
“The Department put some thought into this. We want to spark that level of collaboration that you have noted, whether it be with our land grant and non-land grant university partners, whether it be with individual farmers, whether it be with the local Chamber of Commerce in an area that is driven and motivated, even though it may be in an urban setting, by agriculture.
“I know that you’re well aware that the Federal Reserve has a location in Kansas City, and that we’re looking at the shape of the agricultural economy for inclusion in the Beige Book, so we look to what the Kansas City Fed has to say. USDA will be able to take advantage of all of these synergies, and not only Kansas City, but the other hubs that we have laid out.”
On the USDA’s right to reinitiate the relocation process:
Senator Marshall: “Over the past four years, it was reported that only 6% of USDA employees were in the office as well. And more and more, just a crescendo of complaints from my ag producers back home that they could work with their local FSA officer or their conservation officer, but then that report would get somehow clogged here in DC. I want to compliment the White House on the $10 billion that was appropriated in [the] spring; within days, my farmers had the help that they needed.
“And then, more recently, I think it was a $16 billion, so something is working, right from a standpoint of customer services. And I just can’t help but think when you’re when you have people working for USDA out there, going to church, going to the soccer match, all those type of things with the local farmers and ranchers, is going to be a better service of wealth. So just talk about customer service, how that was going to be impacted by these people, the net, net moving out into the hinterlands, as we call it.”
Deputy Secretary Vaden: “Well, I don’t consider it the hinterlands, I consider it home, Senator. But with regard to having more people in the field, we agree with you that we think the level of service will improve. Not only do we agree with you, even if we had a disagreement, the Congress has legislated on this point, and this is another matter that drove our consideration of this plan, and that’s looking at USDA reorganization authority, which was granted to us by the Congress in 1953.
“And if you actually look at the statute, I’m a former judge, so I tend to look at statutes. What does the statute say? The statute says, in carrying out this law, quote, ‘the Secretary shall seek to simplify and make efficient the operation of the Department of Agriculture, to place the administration of farm programs close to the state and local levels,’ close quote from the statute. This is exactly what Congress intended: the maximum amount of USDA resources dedicated out in the field, not in Washington, D.C.”
Senator Marshall: “Just want to make one last point, President Trump’s tariffs are working. He has made incredible trade deals that are going to open up markets that we never had access to before. We’ve never sold a cheeseburger in all of Europe. Ethanol: 40% of our corn crop goes to ethanol. Suddenly, the EU, UK, and all these countries are going to be buying ethanol as well. We’re seeing manufacturing jobs move back to this country because of these tariffs as well. American agriculture will benefit significantly from long-term trade. Agreements for long-term success as well, and we can’t wait to see what’s next coming out of the White House and the tariffs. Thank you, Mr. Chairman. I yield back.”

MIL OSI USA News –

July 31, 2025
MIL-OSI USA: Governor Newsom strengthens local control in Los Angeles burn scar areas
Source: US State of California Governor
Jul 30, 2025
What you need to know: In response to concerns from local elected leaders and community members about the potential for widespread SB 9 development concentrated in areas rebuilding from destructive fires and crowding evacuation routes, the Governor today issued an executive order that will give local government the discretion to limit SB 9 development in very high fire hazard severity zones within the rebuilding areas.

LOS ANGELES — Governor Gavin Newsom today issued an executive order providing local governments with stronger authority to limit Senate Bill 9 development in high fire hazard severity zones in Los Angeles County that fall within the burn scar areas. The executive order continues the Governor’s efforts to help respond to local concerns, provide tools to address rebuilding, and ensure that communities can recover safely. Read the executive order here.

“We will continue to assist communities in rebuilding safely in ways that are responsive to local concerns. This executive order responds directly to requests from local officials and community feedback, recognizing the need for local discretion in recovery and that not all laws are designed for rebuilding entire communities destroyed by fires overnight.”

Governor Gavin Newsom

The executive order remains in effect as long as the state of emergency remains active. The order:

Grants local governments authority to adjust rules for SB 9 development (lot splits and duplexes in single-family residential zones) in very high fire severity zones within the LA fire burn scars. This order affects the entire Palisades within the city of LA, the eastern foothills portions of Altadena, Sunset Mesa, and Malibu.

Includes a seven-day pause on SB 9 development in these specific areas while locals develop their own standards.

Provides local governments with the flexibility to tailor standards based on community needs. For example, local officials could add additional mitigation requirements or designate areas within the affected zones where SB 9 development is or isn’t allowed. It allows local officials to make determinations as to what best serves their community — balancing the needs of their community and fire-resilient, safe recovery.

The executive order is consistent with the state’s commitment to increasing the state’s housing supply and its unwavering dedication to supporting local officials in rebuilding their communities. It leaves the SB 9 framework in place everywhere other than very high fire hazard severity zones in the burn scar, and within those zones allows local leaders discretion to ensure that SB 9 development in the rebuilding areas appropriately accounts for fire safety concerns.

Helping communities rebuild

Today’s announcement adds to recent orders by the Governor to help the Los Angeles community recover and rebuild, including another order fast-tracking rebuilding the homes and schools affected by the disaster by suspending permitting laws and building codes, which adds to earlier orders cutting red tape and streamlining the rebuilding of homes and businesses destroyed — suspending permitting and review requirements under the California Environmental Quality Act (CEQA) and the California Coastal Act. The Governor also issued an executive order further cutting red tape by reiterating that permitting requirements under the California Coastal Act are suspended for rebuilding efforts and directing the Coastal Commission not to issue guidance or take any action that interferes with or conflicts with the Governor’s executive orders. The Governor also issued an executive order removing administrative barriers, extending deadlines, and providing critical regulatory relief to help fire survivors rebuild, access essential services, and recover more quickly.

California’s all-in efforts

Since the first day these firestorms ignited, Governor Newsom has been on the ground leading an all-in state response and recovery.

The Governor deployed resources before the hurricane-force fires broke out – growing to over 16,000 boots on the ground at the peak of the state’s response. And in the hours that followed, Governor Newsom launched historic recovery and rebuilding efforts to help Los Angeles get back on its feet, faster.

Even before the fires were out, Governor Newsom worked closely with outgoing President Joe Biden to secure a Presidential Major Disaster Declaration and then coordinated with the Trump Administration to ensure comprehensive federal support for Los Angeles.

That work has paid dividends as the current pace of debris and hazardous waste removal is months ahead of the cleanup timeline for the Camp, Woolsey, Hill fires in 2019 and Tubbs Fire in 2017/18, which at the time were themselves the fastest of their kind.

State and federal officials worked hand in glove to clear hazardous waste from 9,000 homes in less than 30 days. At the project’s peak, as many as 500 crews of expert heavy equipment operators from the Army Corps of Engineers worked around the clock to rapidly clear ash, soot, and fire debris from structures damaged by the Eaton and Palisades fires.

By the numbers

16,000 first responders and recovery personnel deployed

$2.5 billion in Small Business Administration Assistance approved.

$144.2 million in individual assistance disbursed

$100 million in dedicated community partnerships through LA Rises

40,000 totals visitors to disaster recovery centers

30 days to clear properties of hazardous waste

9,195 properties cleared of debris

2,300 homes cleared of debris

12,500 right of entry forms submitted

8 of 8 schools resumed in person instruction

9 of 9 water systems reactivated
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MIL OSI USA News –
July 31, 2025

Category: United States of America

Act before it is too late

Calls for peace

Announcement

Today’s spotlight forum comes after Durbin and Padilla led all Senate Democrats in reintroducing the John R. Lewis Voting Rights Advancement Act

Durbin’s questions provided the nominees a chance to clarify their controversial positions and past remarks before the Committee

Helping communities rebuild

California’s all-in efforts

By the numbers

Recent news