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  • MIL-OSI: ETHRANSACTION announces green cloud mining platform for mining BTC and maximizing yields

    Source: GlobeNewswire (MIL-OSI)

    Phoenix, Arizona, July 21, 2025 (GLOBE NEWSWIRE) — Ethransaction launches new BTC mining contracts under green energy cloud mining initiative as Bitcoin soars to over $123,000 in July 2025, thanks to BlackRock’s Bitcoin ETF (daily trading volume of $3.2 billion) and transparency in U.S. regulation through the CLARITY Act. ETHRANSACTION, a global leader in cloud mining, helps investors capture this rally with its sustainable AI-driven platform.

    Founded in 2017 and headquartered in London, UK, ETHRANSACTION serves more than 8.1 million users in more than 100 countries. It has more than 80 carbon-neutral mining facilities powered by renewable energy, providing an easy and convenient Bitcoin mining experience and transparent high-yield returns.

    When Bitcoin meets ETHRANSACTION’s innovation
    Bitcoin’s scarcity drives its surge in 2025. ETHRANSACTION’s cloud mining service provides real-time profit tracking and multi-currency support (BTC, ETH, DOGE, etc.), no hardware costs, and provides daily returns through green energy and AI optimization.
    Flexible Mining Contracts
    ETHRANSACTION 2025 Contracts Ensure High Returns:

    For example, if a user invests $10,700 in a Bitcoin Miner S19 XP+ Hyd Hashrate Contract (with a term of 35 days), the expected total return can reach $17,103.95, including $6,403.95 in net profit.

    Why Choose ETHRANSACTION?

    Low Entry Barrier: Flexible plans from $19 to $570,000, with no hardware or electricity costs.

    New User Bonus: $19 Signup Bonus, immediate mining, no initial investment required.

    Multi-Currency Support: More than 8 major cryptocurrencies, including XRP, BTC, ETH, USDT, USDC, DOGE, LTC, and BCH.
    Green Energy: Powered by 100% renewable energy, in line with global sustainable development goals.
    Transparency and Security: Blockchain smart contracts ensure transparent returns, with enterprise-grade wallet hosting and multi-layer encryption.

    Get started in 3 simple steps:
    Sign up – get $19 bonus (can be used for daily check-ins, earn ~$0.9 per day)
    Choose a plan – flexible contracts starting at $19
    Earn daily – enjoy $0.9 login bonus + mining profits

    Future Outlook
    As the Bitcoin bull run accelerates in 2025, ETHRANSACTION is ready to redefine sustainable cryptocurrency mining globally. The platform plans to expand its AI-driven carbon-neutral infrastructure to more than 100 facilities by Q4, which will bring higher returns to investors against the backdrop of Bitcoin’s expected surge to $200,000. Institutional adoption, regulatory clarity, and the 2024 halving cycle come together to create a historic opportunity – ETHRANSACTION’s green mining solution combines profit potential with earth responsibility.
    In short

    The future of wealth creation is here: decentralized, sustainable and within reach. ETHRANSACTION invites you to join the $6,403-a-day revolution – where cutting-edge technology meets environmentalism, and every mined Bitcoin will strengthen your portfolio and protect the planet. Act now, the new era of mining is coming.
    For more information or to start a mining contract, visit: https://ethransaction.vip or download the ETHRANSACTION mobile app (available for iOS and Android)

    Email: info@ethransaction.vip

    Attachment

    The MIL Network –

  • MIL-OSI: ETHRANSACTION announces green cloud mining platform for mining BTC and maximizing yields

    Source: GlobeNewswire (MIL-OSI)

    Phoenix, Arizona, July 21, 2025 (GLOBE NEWSWIRE) — Ethransaction launches new BTC mining contracts under green energy cloud mining initiative as Bitcoin soars to over $123,000 in July 2025, thanks to BlackRock’s Bitcoin ETF (daily trading volume of $3.2 billion) and transparency in U.S. regulation through the CLARITY Act. ETHRANSACTION, a global leader in cloud mining, helps investors capture this rally with its sustainable AI-driven platform.

    Founded in 2017 and headquartered in London, UK, ETHRANSACTION serves more than 8.1 million users in more than 100 countries. It has more than 80 carbon-neutral mining facilities powered by renewable energy, providing an easy and convenient Bitcoin mining experience and transparent high-yield returns.

    When Bitcoin meets ETHRANSACTION’s innovation
    Bitcoin’s scarcity drives its surge in 2025. ETHRANSACTION’s cloud mining service provides real-time profit tracking and multi-currency support (BTC, ETH, DOGE, etc.), no hardware costs, and provides daily returns through green energy and AI optimization.
    Flexible Mining Contracts
    ETHRANSACTION 2025 Contracts Ensure High Returns:

    For example, if a user invests $10,700 in a Bitcoin Miner S19 XP+ Hyd Hashrate Contract (with a term of 35 days), the expected total return can reach $17,103.95, including $6,403.95 in net profit.

    Why Choose ETHRANSACTION?

    Low Entry Barrier: Flexible plans from $19 to $570,000, with no hardware or electricity costs.

    New User Bonus: $19 Signup Bonus, immediate mining, no initial investment required.

    Multi-Currency Support: More than 8 major cryptocurrencies, including XRP, BTC, ETH, USDT, USDC, DOGE, LTC, and BCH.
    Green Energy: Powered by 100% renewable energy, in line with global sustainable development goals.
    Transparency and Security: Blockchain smart contracts ensure transparent returns, with enterprise-grade wallet hosting and multi-layer encryption.

    Get started in 3 simple steps:
    Sign up – get $19 bonus (can be used for daily check-ins, earn ~$0.9 per day)
    Choose a plan – flexible contracts starting at $19
    Earn daily – enjoy $0.9 login bonus + mining profits

    Future Outlook
    As the Bitcoin bull run accelerates in 2025, ETHRANSACTION is ready to redefine sustainable cryptocurrency mining globally. The platform plans to expand its AI-driven carbon-neutral infrastructure to more than 100 facilities by Q4, which will bring higher returns to investors against the backdrop of Bitcoin’s expected surge to $200,000. Institutional adoption, regulatory clarity, and the 2024 halving cycle come together to create a historic opportunity – ETHRANSACTION’s green mining solution combines profit potential with earth responsibility.
    In short

    The future of wealth creation is here: decentralized, sustainable and within reach. ETHRANSACTION invites you to join the $6,403-a-day revolution – where cutting-edge technology meets environmentalism, and every mined Bitcoin will strengthen your portfolio and protect the planet. Act now, the new era of mining is coming.
    For more information or to start a mining contract, visit: https://ethransaction.vip or download the ETHRANSACTION mobile app (available for iOS and Android)

    Email: info@ethransaction.vip

    Attachment

    The MIL Network –

  • MIL-OSI Submissions: Congo and critical minerals: What are the costs of America’s peace?

    Source: The Conversation – Canada – By Evelyn Namakula Mayanja, Assistant Professor, Interdisciplinary Studies, Carleton University

    In March 2025, President Félix Tshisekedi of the Democratic Republic of Congo (DRC) offered the country’s critical mineral reserves to the United States and Europe in exchange for security and stability.

    At the time, the March 23 (M23) militia insurgency was unleashing violence: killing civilians, committing sexual violence, displacing communities and looting mineral resources. Since 1996, eastern Congo has been engulfed in wars and armed conflicts driven by regional powers and more than 120 armed groups.

    The U.S.-brokered peace agreement between Rwanda and the DRC raises critical questions: Is this a genuine path to sustainable peace, or a continuation of U.S. President Donald Trump’s strategy to secure access to critical minerals through coercive diplomacy?



    Read more:
    4 things every peace agreement needs – and how the DRC-Rwanda deal measures up

    Global arms race for critical minerals

    The global shift toward renewable energy, digital infrastructure and military modernization has sparked a geopolitical scramble for critical and rare earth minerals.

    In early 2025, Trump signed a series of executive orders that introduced aggressive and imperial-style tactics to secure access to mineral wealth. He threatened Canada with annexation and tariffs, demanded access to Greenland’s resources and linked U.S. support for Ukraine to access to its mineral reserves.

    The DRC’s offer must be viewed through this lens of global resource competition.

    Congo’s critical mineral wealth

    The DRC holds some of the world’s richest deposits of critical minerals and metals. A 2012 article estimated the value of Congo’s untapped mineral wealth at US$24 trillion, a figure nearing the U.S. first-quarter 2025 GDP of $29.962 trillion.

    The DRC produces 70 per cent of the world’s cobalt, ranks fourth in copper, sixth in industrial diamonds and also possesses vast reserves of nickel and lithium, including the Manono deposit expected to yield 95,170 tonnes of crude lithium.

    But the struggle to control these resources has fuelled a cycle of armed violence, displacement and exploitation. Despite several peace agreements, peace and stability remain elusive.

    America’s interests in Congo

    U.S. involvement in Congo stretches back to the Cold War, when it played a role in the 1961 assassination of Patrice Lumumba, Congo’s first elected prime minister who sought economic sovereignty.

    In 1996, the U.S. was accused of backing Rwanda and Uganda in the initial invasion of eastern Congo. A U.S. diplomat, “Mr. Hankins,” was quoted in Goma saying: “I am here …to represent American interests.”

    In 2024, President Joe Biden met Tshisekedi to advance the Lobito Corridor, a strategic trade route to counter China’s dominance in the region. Chinese companies currently control around 80 per cent of Congo’s copper market.

    When Trump signed the 2025 peace agreement, he openly stated the U.S. would gain “a lot of mineral rights … foreign trade and investment from the regional critical mineral supply chains.”

    U.S.-brokered peace deal

    The deal, however, prioritizes America’s access to minerals over the well-being of Congolese citizens. Historically, Congo’s mineral wealth has enriched elites and foreign powers while leaving its people impoverished and vulnerable. The new agreement could entrench existing inequalities and inflame tensions further.

    The U.S. has also cut off aid for war survivors, including emergency medical kits and antiretrovirals for rape victims, undermining humanitarian efforts.

    Crucially, the agreement overlooks:

    • The root causes and drivers of conflict at national, regional and international levels.

    • The role of Rwanda and Uganda, whose militaries and intelligence services have long been implicated in supporting groups like M23. Gen. Muhoozi Kainerugaba, son of Ugandan President Yoweri Museveni, has referred to M23 as “our brothers” and threatened military action in Congo.

    • The voices of Congolese civil society, war survivors and the public, who were excluded from the negotiation process.

    • State fragility and institutional collapse — major enablers of protracted violence.

    • The grievances of Hutu and Tutsi communities in the DRC, deeply rooted in colonial and regional politics.

    • The presence of more than 120 armed groups, many of them proxies for foreign powers engaging in what some scholars call “geocriminality.”

    Between January and February 2025 alone, more than 7,000 people were killed in the DRC. The United Nations and several human rights organizations have documented mass atrocities, including crimes of genocidal magnitude.

    A path toward real peace

    The peace agreement fails to demand justice for crimes committed against the Congolese people. Nobel Peace laureate Denis Mukwege condemned the deal for “rewarding aggression, legitimizing the plundering of Congo’s natural resources, and sacrificing justice for a fragile peace.”

    It also ignores the roles of international mining corporations and external entities that have long profited from Congo’s instability.

    True and lasting peace in the DRC cannot be imposed from the outside. U.S.-led mineral extraction without justice risks deepening the crisis. Since 1999, UN peacekeepers have been deployed in the Congo , yet violence continues.

    Sustainable peace will require:

    • An end to impunity;

    • Thorough investigations into war crimes;

    • Regional truth-telling processes;

    • Justice and reparations for victims;

    • And most importantly, inclusion of Congolese voices in shaping their future.

    Without these commitments, the U.S. risks replicating a long history of exploitation, trading in minerals while ignoring the human cost.

    Evelyn Namakula Mayanja receives funding from Social Sciences and Humanities Research Council and from Carleton University

    – ref. Congo and critical minerals: What are the costs of America’s peace? – https://theconversation.com/congo-and-critical-minerals-what-are-the-costs-of-americas-peace-260567

    MIL OSI –

  • MIL-OSI United Kingdom: ‘Collar, tag, microchip, bag’ – pawsome advice for city dog owners!

    Source: City of Wolverhampton

    ‘Collar, tag, microchip, bag’ is the expression that City of Wolverhampton Council is asking everyone with a dog to keep in mind when they take their pooches out and about.

    The aim is to remind dog owners of their legal responsibilities including requirements under the city’s Public Spaces Protection Order (PSPO). The council also wants to encourage a cleaner, more comfortable environment for all residents.

    The first 2 reminders – ‘collar, tag’ – highlight the legal requirement for dogs to wear a collar with an ID tag when in a public place.

    The tag must include the owner’s name and address, and ideally, a phone number. This requirement applies even if the dog is microchipped.

    Wearing a collar and tag helps reunite lost dogs with their owners and ensures their safety. Dogs found roaming without a collar and tag in public may be seized and taken into care. The management of stray dogs cost tax payers around £170,000 during the last financial year.

    In 2024, the council handled around 350 strays and took them to kennels while trying to contact their owners. This is a substantial increase on 2020 when 170 strays were collected.

    ‘Microchip’ reminds owners that it is a legal requirement to microchip all dogs over 8 weeks old, and the microchip details must be registered on an authorised database. Breeders must also microchip puppies before they leave their premises.

    ‘Bag’ refers to the requirement under the council’s current PSPO. The order was updated in 2023 and requires anyone in control of a dog to carry a suitable means of removing dog faeces, such as a bag.

    Dog owners are also required to clean up after their pets and anyone not carrying bags or clearing up after their dog can be issued with a Fixed Penalty Notice.

    To help make sure residents are aware of their responsibilities, officers from the council’s environmental protection team will be out and about at community events and a social media campaign will run throughout the coming months.

    Councillor Bhupinder Gakhal, cabinet member for resident services at City of Wolverhampton Council, said: “We want to encourage all dog owners to follow the simple phrase help make our city clean and comfortable for everyone.

    “We know that the vast majority of dog owners are very responsible, but we still do see a lot of strays and, unfortunately, too many incidents where owners are not cleaning up after their pets.

    “This is unpleasant and can be very dangerous to health. It was also clear from the PSPO consultation that people agreed with the requirement to carry a means of disposing of their dog’s mess.

    “Therefore, I would encourage the city’s canine lovers to consider the handy checklist of ‘collar, tag microchip, bag’ and consider what they may need to tick off before going out with their pet.

    “We thank all dog owners for doing all they can to behave responsibly. You’re helping to make our city safer, cleaner and more comfortable for everyone.”

    To find out more about the campaign and the PSPO, please visit Responsible dog ownership.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Royal Welsh Show: ‘After countless U-turns, Labour must now also reverse its tax raid on Welsh farms’ – Plaid Cymru

    Source: Party of Wales

    Ann Davies MP and Llyr Gruffydd MS say UK Government should introduce a wealth tax instead of ‘targeting those who sustain our rural communities’

    On the first day of the Royal Welsh Show, Plaid Cymru’s Westminster Agriculture Spokesperson Ann Davies MP has today called on the UK Government to reverse its planned changes to Agricultural Property Relief, warning that the policy will do “lasting harm” to Welsh family farms.

     

    Speaking from Llanelwedd, Ms Davies said that after repeated policy reversals, it is time for Labour to “add this damaging farm tax to the list.”

     

    Plaid Cymru’s Agriculture spokesperson in the Senedd, Llyr Gruffydd MS, said that most Welsh farmers are “cash poor” and that “many live a hand-to-mouth existence”.

     

    The UK Government plans to introduce a cap on Agricultural and Business Property Relief from April 2026, meaning family farms valued above that threshold could face inheritance tax for the first time in 40 years. Despite claims that only 500 farms per year will be affected, Welsh farming unions warn that the vast majority of productive family farms in Wales could fall into scope due to rising land, machinery and asset values.

     

    From the financial implications of restrictions and testing requirements to limit the spread of the Bluetongue virus, to the effects of prolonged dry and warm weather on crops and pasture, the new inheritance tax rules will be introduced amidst mounting financial pressures on farmers.

     

    Plaid Cymru is calling for:

     

    • A Wales-specific impact assessment that includes tenant and generational family farms

     

    • Protection for active food-producing family farms from inheritance tax

     

    • The introduction of a tax on extreme wealth – targeting assets worth over £10 million

     

    Ann Davies MP said:

    “After countless U-turns, Labour must now add its damaging farm tax to the list. Changes to Agricultural Property Relief represent a deeply unfair policy that targets the people who feed us, care for our land, and sustain our rural communities. It will do lasting harm to Welsh family farms.

    “It is a policy based on the assumption that farmers are rich – that is fundamentally wrong in Wales, where our upland farmers are guardians of the land and make very little profit. The UK Government admits it has done no Wales-specific assessment. That’s unacceptable, and it must change immediately.

    “Plaid Cymru believes that those with the broadest shoulders should pay their fair share. But the UK Government’s policy is too broad brush and targets the wrong people. Instead, the introduction of a tax on extreme wealth – a 2% tax on assets worth over £10 million – could raise over £20 billion a year. That is the fair and progressive way to fund public services and address inequality.

    “The Royal Welsh Show is a chance to celebrate everything our farmers contribute. But because of this policy, they’re anxious about their ability to continue producing food into the future. With Bluetongue requirements and intense drought intensifying already significant financial pressures on farmers, Labour must reverse course – and they must do it now.”

     

    Llyr Gruffydd added:

    “Most of our family farms are cash poor and many live a hand-to-mouth existence. They don’t have the capital to shoulder this huge tax burden.

    “Whilst it’s right to target those who buy land for tax avoidance purposes, our working family farms must not be caught in the crossfire. We have urged the Government to look at alternative approaches such as a clawback system that’s used successfully in other countries. This would only tax land if it’s subsequently sold within a specific number of years after inheritance.

    “Sadly, the Chancellor’s policy will force already struggling businesses to sell off their land, making them less sustainable in the future. Plaid Cymru will fight the family farm tax all the way.”

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Israel Attacks Houthi Military Facilities in Yemen’s Hodeida Port – IDF

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    JERUSALEM/SANA, July 21 (Xinhua) — Israel has attacked Houthi military targets in the port of Hodeida in northwestern Yemen, the Israel Defense Forces (IDF) said on Monday.

    The Israeli Air Force reportedly struck military targets, including engineering equipment, fuel containers and ships used in military operations against Israel, as well as ships in port waters.

    According to the IDF, the port of Hodeida was used to transport weapons provided by the Iranian government.

    Earlier in the day, the Houthi-controlled Al-Masirah TV channel reported that Israel had launched a series of airstrikes on the Yemeni port of Hodeida. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • EU to ramp up retaliation plans as US tariff deal prospects dim

    Source: Government of India

    Source: Government of India (4)

    The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats.

    An increasing number of EU members, including Germany, are now considering using wide-ranging “anti-coercion” measures which would let the bloc target U.S. services and other sectors in the absence of a deal, diplomats say.

    The European Commission, which negotiates trade agreements on behalf of the 27-member bloc, had appeared on course for a agreement in which the EU would still have faced a 10% U.S. tariff on most of its exports, with some concessions.

    Such hopes now seem dashed after President Donald Trump’s threat to impose a 30% tariff by August 1, and following talks between EU Trade Commissioner Maros Sefcovic and U.S. counterparts in Washington last week.

    Sefcovic, who has said a 30% tariff would “practically prohibit” transatlantic trade, delivered a sober report on the current state of play to EU envoys on Friday, diplomats told Reuters.

    U.S. counterparts had come up with diverging solutions during his meetings, including a baseline rate that could be well above 10%, the EU diplomats added.

    “Each interlocutor seemed to have different ideas. No one can tell (Sefcovic) what would actually fly with Trump,” one diplomat said.

    Prospects of easing or removing 50% U.S. tariffs on steel and aluminium and 25% on cars and car parts appear limited.

    ‘NUCLEAR OPTION’

    Washington has also rejected the EU’s demand for a “standstill” arrangement, whereby no further tariffs would be imposed after a deal is struck. The rationale, according to diplomats, is that Trump’s hands cannot be tied on national security, the basis of Section 232 trade investigations into pharmaceuticals, semiconductors and timber.

    Accordingly, the mood has pivoted among EU countries, EU diplomats say, and they are more ready to react, even though a negotiated solution is their preferred option.

    The EU has one package of tariffs on 21 billion euros ($24.5 billion) of U.S. goods that is currently suspended until August 6. The bloc must still decide on a further set of countermeasures on 72 billion euros of U.S. exports.

    Discussions have also increased on using the EU’s wide-ranging “anti-coercion” instrument (ACI) that allows the bloc to retaliate against third countries that put economic pressure on member states to change their policies.

    Brought in more with China in mind, it would allow the bloc to target U.S. services, limit U.S. companies’ access to public procurement or financial services markets or restrict U.S. investment.

    France has consistently advocated using the ACI, but others have baulked at what some see as a nuclear option. Trump has warned he will retaliate if other countries take action against the United States.

    European Commission President Ursula von der Leyen said a week ago that the ACI was created for extraordinary situations, adding: “We are not there yet.”

    The Commission would need a qualified majority of 15 countries making up 65% of the EU population to invoke it. It would not do so unless it was confident of passing it, but there are now growing signs of support building, with Germany among the countries saying it should be considered, EU diplomats say.

    (Reuters)

  • EU to ramp up retaliation plans as US tariff deal prospects dim

    Source: Government of India

    Source: Government of India (4)

    The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats.

    An increasing number of EU members, including Germany, are now considering using wide-ranging “anti-coercion” measures which would let the bloc target U.S. services and other sectors in the absence of a deal, diplomats say.

    The European Commission, which negotiates trade agreements on behalf of the 27-member bloc, had appeared on course for a agreement in which the EU would still have faced a 10% U.S. tariff on most of its exports, with some concessions.

    Such hopes now seem dashed after President Donald Trump’s threat to impose a 30% tariff by August 1, and following talks between EU Trade Commissioner Maros Sefcovic and U.S. counterparts in Washington last week.

    Sefcovic, who has said a 30% tariff would “practically prohibit” transatlantic trade, delivered a sober report on the current state of play to EU envoys on Friday, diplomats told Reuters.

    U.S. counterparts had come up with diverging solutions during his meetings, including a baseline rate that could be well above 10%, the EU diplomats added.

    “Each interlocutor seemed to have different ideas. No one can tell (Sefcovic) what would actually fly with Trump,” one diplomat said.

    Prospects of easing or removing 50% U.S. tariffs on steel and aluminium and 25% on cars and car parts appear limited.

    ‘NUCLEAR OPTION’

    Washington has also rejected the EU’s demand for a “standstill” arrangement, whereby no further tariffs would be imposed after a deal is struck. The rationale, according to diplomats, is that Trump’s hands cannot be tied on national security, the basis of Section 232 trade investigations into pharmaceuticals, semiconductors and timber.

    Accordingly, the mood has pivoted among EU countries, EU diplomats say, and they are more ready to react, even though a negotiated solution is their preferred option.

    The EU has one package of tariffs on 21 billion euros ($24.5 billion) of U.S. goods that is currently suspended until August 6. The bloc must still decide on a further set of countermeasures on 72 billion euros of U.S. exports.

    Discussions have also increased on using the EU’s wide-ranging “anti-coercion” instrument (ACI) that allows the bloc to retaliate against third countries that put economic pressure on member states to change their policies.

    Brought in more with China in mind, it would allow the bloc to target U.S. services, limit U.S. companies’ access to public procurement or financial services markets or restrict U.S. investment.

    France has consistently advocated using the ACI, but others have baulked at what some see as a nuclear option. Trump has warned he will retaliate if other countries take action against the United States.

    European Commission President Ursula von der Leyen said a week ago that the ACI was created for extraordinary situations, adding: “We are not there yet.”

    The Commission would need a qualified majority of 15 countries making up 65% of the EU population to invoke it. It would not do so unless it was confident of passing it, but there are now growing signs of support building, with Germany among the countries saying it should be considered, EU diplomats say.

    (Reuters)

  • Veteran communist leader and former Kerala CM V.S. Achuthanandan passes away at 101

    Source: Government of India

    Source: Government of India (4)

    Veteran Communist leader and former Kerala Chief Minister V.S. Achuthanandan passed away on Monday afternoon at a private hospital in Thiruvananthapuram. He was 101.

    Achuthanandan had been battling for his life for over a month after suffering a cardiac arrest at his son’s residence in the state capital on June 23. Since then, he had been on ventilator support in the intensive care unit.

    Chief Minister Pinarayi Vijayan, along with CPI(M) state secretary M.V. Govindan, rushed to the hospital to meet Achuthanandan’s family and consult with the attending doctors. Following their visit, a steady stream of political leaders arrived at the hospital to pay their respects.

    A special medical board comprising experts from the Medical College had been overseeing his treatment in coordination with hospital staff. He was also undergoing dialysis, which was temporarily suspended during the course of his illness.

    Achuthanandan’s son-in-law, a doctor, administered cardiopulmonary resuscitation (CPR) at home before the veteran leader was taken to the hospital last month.

    Since stepping down as Chairman of the Administrative Reforms Commission in January 2021, Achuthanandan had been living alternately with his son and daughter in Thiruvananthapuram. His own residence in Alappuzha, which he had built during his long political career, remained closed.

    Achuthanandan was a towering figure in Kerala’s political landscape. As Leader of the Opposition from 2001 to 2006, he relentlessly attacked the then A.K. Antony-led UDF government. His populist stance and uncompromising image earned him admiration across party lines, particularly among apolitical and first-time voters.

    He led the CPI(M)-led Left Democratic Front (LDF) to victory in the 2006 Assembly elections and served as Chief Minister from 2006 to 2011. In 2011, he once again spearheaded the LDF campaign and came close to securing a second term. However, the Oommen Chandy-led UDF narrowly won, securing 72 seats in the 140-member Assembly.

    Achuthanandan’s passing marks the end of an era in Kerala politics—one defined by fierce ideological battles, grassroots activism, and an unwavering commitment to public life.

    —IANS

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 18 07 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 18 JULY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,007,843 3.8305    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,007,843 3.8305    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 765 439.5p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 21 JULY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 18 07 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 18 JULY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,007,843 3.8305    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,007,843 3.8305    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 765 439.5p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 21 JULY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: TidyCoin Launches to Turn Crypto Clutter Into Deflationary Gold With a First-of-Its-Kind Burn Ecosystem

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, July 21, 2025 (GLOBE NEWSWIRE) — TidyCoin (keep scrolling for the $TIDY contract address), an innovative new entrant in the crypto space, has officially launched with a mission to clean up the digital chaos cluttering user wallets — and turn it into something valuable. The project rewards users who send in their worthless memecoins and abandoned tokens, giving them $TIDY in return — a token engineered to grow more scarce and more valuable over time.

    With the rise of speculative noise and rug-pull fatigue, TidyCoin taps into something deeper: the urge to simplify, to refocus, to tidy up. And it doesn’t stop there. At the heart of the TidyCoin ecosystem is a hyper-casual game where players battle against AI and each other to trigger real token burns — a play-to-burn mechanic that accelerates deflation every time the community plays.

    Early adopters can also stake $TIDY to unlock additional in-game benefits and future earning potential. Meanwhile, the team is laying the groundwork for future revenue streams that will fuel aggressive buyback and burn programs, compounding the token’s scarcity.

    Backed by a 25% airdrop allocation, a strategic partnership with Jungl (https://jungl.world/) — an AI-powered ecosystem for game creation, tokenization, and community growth — and a multi-chain rollout via a unified liquidity pool on PAW Chain (https://www.pawchain.net/), TidyCoin is engineered for rapid scale and unstoppable reach.

    “TidyCoin isn’t just a token — it’s a movement,” said a TidyCoin spokesperson. “We’re building the cleanest, leanest, most deflationary ecosystem crypto has ever seen. We’re not here to ride a trend — we’re here to set it.”

    With ongoing Twitter Spaces, biweekly contests, and multi-chain activations, TidyCoin is steadily building a culture around simplicity, value, and long-term thinking — one cleaned-up wallet at a time.

    _____

    About TidyCoin
    TidyCoin is a deflationary crypto project that rewards users for sending worthless tokens to the TIDY Vault. It offers staking perks, a play-to-burn game, and a future roadmap focused on utility-based revenue streams and buyback burns. TidyCoin is building a global brand around productivity, decluttering, smarter spending, and lasting value in crypto.

    Contact:
    Mepusica
    Contac@tiddycoin.xyz

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

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

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/914b3729-f875-4b69-bd69-de4d26bbd93c
    https://www.globenewswire.com/NewsRoom/AttachmentNg/bc84a316-d5f0-4ade-9eb2-8bf2ad6cbb65
    https://www.globenewswire.com/NewsRoom/AttachmentNg/00a63afb-d98f-4a90-8d64-2905dbc6d4cc

    The MIL Network –

  • MIL-OSI: Nasdaq Verafin Announces Launch of its Agentic AI Workforce, Delivering a Step Change in AML Compliance Efficiency

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) — Nasdaq Verafin today announced the launch of the Agentic AI Workforce, a suite of digital workers that will deliver a step change in the way banks conduct anti-money laundering (AML) compliance by automating low-value, high-volume compliance processes. Building on the successful adoption of its GenAI Entity Research Copilot, Nasdaq Verafin’s Agentic AI Workforce is made up of digital workers that can be deployed by banks to execute complex tasks, including decisioning, with minimal supervision.

    According to Nasdaq Verafin’s Global Financial Crime Report, a survey of more than 200 industry professionals found that 75% of respondents had increased their investment in headcount over the prior year to improve financial crime prevention efforts. However, despite increased investment in headcount, nearly half of respondents reported a lack of adequate resources and technology to fight financial crime. With the ability to independently analyze, document, and decision end-to-end processes, the digital workers enable banks to reallocate resources to more sophisticated investigations and outcomes-focused activities.

    “In today’s operating environment, banks are tasked with navigating a growing number of compliance challenges from evolving regulatory requirements to the shortcomings of legacy technology and impact of resource constraints on compliance teams,” said Rob Norris, SVP and Head of Product, Nasdaq Verafin. “Our Agentic AI Workforce will transform the way banks of all sizes approach AML compliance, delivering a step change in efficiency gains that allows compliance teams to shift efforts and focus on the important work of tackling serious financial crimes such as human trafficking, drug trafficking, and other facets of organized crime.”

    The first of the digital workers will focus on two of the most resource-intensive areas of compliance – Sanctions Screening and Enhanced Due Diligence (EDD) reviews. Currently in beta, the first digital workers are expected to be available to Nasdaq Verafin clients later this year.

    The Digital Sanctions Analyst will aid Sanctions Screening by dispositioning, documenting, and actioning false positive alerts, while escalating true matches for further review by bank investigators. Sanctions compliance is a complex and costly problem for financial institutions, with compliance failures leading to civil penalties and reputational damage. Further, legacy approaches to Sanctions Screening can hamper compliance teams with an overwhelming number of false positive alerts. Initial results show that Nasdaq Verafin’s Digital Sanctions Analyst reduces a bank’s alert review workload by more than 80%.

    The Digital EDD Analyst will automate a bank’s periodic EDD review process, actioning low-risk cases that do not require further investigation, offering significant efficiency gains for banks. Meeting regulatory requirements for conducting EDD reviews of high-risk customers is a growing challenge for financial institutions, as reviews at most institutions rely on time-consuming manual processes. The Digital EDD Analyst will allow financial institutions to streamline their risk review process, delivering a step change in efficiency and significantly reducing operational expenses.

    The launch of the Agentic AI Workforce represents the latest evolution of Nasdaq Verafin’s industry-leading financial crime management solutions, following the successful rollout of the GenAI Entity Research copilot. Since releasing the Entity Research Copilot into Nasdaq Verafin’s case management module in the second quarter of 2025, clients have leveraged this feature in tens of thousands of cases to help streamline and expedite investigations and documentation. In all, more than 1,300 clients have benefited from Nasdaq Verafin’s integrated GenAI copilot capabilities across its platform since launch.

    “The financial services industry is grappling with mounting pressure to enhance operational efficiency while maintaining robust compliance operations amid increasingly sophisticated threats,” said Chuck Subrt, the Fraud & AML Practice Director at Datos Insights. “We are witnessing a transformative shift as institutions seek to automate resource-intensive workflows that traditionally consume the vast majority of analysts’ time on data collection and processing. Digital workforce solutions like Nasdaq Verafin’s Agentic AI Workforce flip the investigator time equation to enable human experts to focus on high-value decision-making and critical analysis.”

    Please visit https://verafin.com/artificial-intelligence to learn more about Nasdaq Verafin’s Agentic AI Workforce.

    About Nasdaq Verafin

    Nasdaq Verafin provides Financial Crime Management Technology solutions for Fraud Detection and Management, AML/CFT Compliance and Management, High-Risk Customer Management, Sanctions Screening and Management, and Information Sharing. More than 2,600 financial institutions, representing over $10T in collective assets, use Nasdaq Verafin to prevent fraud and strengthen AML/CFT efforts. Visit www.verafin.com to learn more.

    Cautionary Note Regarding Forward-Looking Statements 
    Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will,” “may”, and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to potential savings, efficiency gains, or product results. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

    © 2025 Nasdaq, Inc. The Nasdaq logo and the Nasdaq ‘ribbon’ logo are the registered and unregistered trademarks, or service marks, of Nasdaq, Inc. in the U.S. and other countries. All rights reserved. This communication and the content found by following any link herein are being provided to you by Nasdaq, Inc. and/or certain of its subsidiaries (collectively, “Nasdaq”), for informational purposes only. Nasdaq makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. At the time of publication, the information herein was believed to be accurate, however, such information is subject to change without notice. Nothing herein shall constitute a recommendation, solicitation, invitation, inducement, promotion, or offer for the purchase or sale of any investment product, nor shall this material be construed in any way as investment, legal, or tax advice, or as a recommendation, reference, or endorsement by Nasdaq.

    Nasdaq Media Relations Contact

    Nick Eghtessad
    +1.929.996.8894 
    Nick.Eghtessad@Nasdaq.com

    NDAQF

    The MIL Network –

  • MIL-OSI: Roper Technologies announces second quarter financial results and acquisition of Subsplash; Increasing full year guidance

    Source: GlobeNewswire (MIL-OSI)

    SARASOTA, Fla., July 21, 2025 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the second quarter ended June 30, 2025.

    Second quarter 2025 highlights

    • Revenue increased 13% to $1.94 billion; organic revenue was +7% and acquisition contribution was +6%
    • GAAP net earnings increased 12% to $378 million; adjusted net earnings increased 9% to $528 million
    • Adjusted EBITDA increased 12% to $775 million
    • GAAP operating cash flow increased 5% to $404 million; adjusted operating cash flow increased 13% to $434 million
    • GAAP DEPS increased 12% to $3.49; adjusted DEPS increased 9% to $4.87

    “We delivered another strong quarter, highlighted by 13% total revenue growth, 7% organic revenue growth, and 10% free cash flow growth,” said Neil Hunn, Roper Technologies’ President and CEO. “Our businesses continued to execute at a high level, while further innovating and investing to drive durable, long-term growth. We are particularly excited about how AI capabilities are enhancing our solutions and creating new opportunities, broadly, across our portfolio. Our second quarter growth was balanced across all three segments, as expected, and positions us well for a strong second half.”

    “We are once again increasing our full year outlook, supported by our strong second quarter results, the continued expansion of our recurring revenue base, and resilient demand for our businesses’ mission critical solutions. With significant M&A capacity and our proven acquisition model, we remain well positioned to execute our disciplined capital deployment strategy against a large pipeline of attractive opportunities. The combination of our durable business portfolio and proven M&A capability continues to fuel compelling long-term cash flow compounding for our shareholders.”

    Subsplash acquisition

    Last week, Roper signed a definitive agreement to acquire Subsplash, a leading provider of AI-enabled, cloud-based software and fintech solutions that serve over 20,000 faith-based organizations and churches, for a purchase price of $800 million.

    “Subsplash is a terrific business that meets each of our long-standing acquisition criteria while enhancing shareholder value creation with its high-teens organic growth profile and the ability to expand margins under Roper’s long-term ownership. We are excited to welcome the Subsplash team to the Roper family and look forward to partnering with them to execute their long-term growth strategy. We see significant potential for Subsplash to further advance their AI capabilities and deliver powerful solutions that will drive increased engagement for their customers,” concluded Mr. Hunn.

    Increasing 2025 guidance

    Roper now expects full year 2025 adjusted DEPS of $19.90 – $20.05, compared to previous guidance of $19.80 – $20.05. The Company increased its full year total revenue growth outlook to ~13%, compared to a previous outlook of ~12%, and continues to expect organic revenue growth of +6 – 7%.

    For the third quarter of 2025, the Company expects adjusted DEPS of $5.08 – $5.12.

    Roper’s guidance includes the impact of the Subsplash acquisition, which is expected to close later this month. The Company’s guidance excludes the impact of unannounced future acquisitions or divestitures.

    Conference call to be held at 8:00 AM (ET) today

    A conference call to discuss these results has been scheduled for 8:00 AM ET on Monday, July 21, 2025. The call can be accessed via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using conference call ID 87418. Webcast information and conference call materials will be made available in the Investors section of Roper’s website (www.ropertech.com) prior to the start of the call. The webcast can also be accessed directly by using the following URL https://event.webcast. Telephonic replays will be available for up to two weeks and can be accessed by dialing +1 646-517-4150 with access code 87418#.

    Use of non-GAAP financial information

    The Company supplements its consolidated financial statements presented on a GAAP basis with certain non-GAAP financial information to provide investors with greater insight, increase transparency and allow for a more comprehensive understanding of the information used by management in its financial and operational decision-making. Reconciliation of non-GAAP measures to their most directly comparable GAAP measures are included in the accompanying financial schedules or tables. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated.

    Minority interest

    Following the sale of a majority stake in its industrial businesses to CD&R, Roper holds a minority interest in Indicor. The fair value of Roper’s equity investment in Indicor is updated on a quarterly basis and reported as “equity investments (gain) loss, net.” Roper makes non-GAAP adjustments for the impacts associated with this investment.

    Table 1: Revenue and adjusted EBITDA reconciliation ($M)
      Q2 2024   Q2 2025   V %
    GAAP revenue $ 1,717     $ 1,944       13 %
               
    Components of revenue growth          
    Organic           7 %
    Acquisitions           6 %
    Foreign exchange           — %
    Revenue growth           13 %
               
    Adjusted EBITDA reconciliation          
    GAAP net earnings $ 337     $ 378      
    Taxes   88       107      
    Interest expense   68       79      
    Depreciation   9       10      
    Amortization   192       213      
    EBITDA $ 694     $ 788       14 %
               
    Transaction-related expenses for completed
    acquisitions    		   —       4      
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   1       (17 ) A  
    Adjusted EBITDA $ 695     $ 775       12 %
    Adjusted EBITDA margin   40.5 %     39.9 %     (60 bps )
    Table 2: Adjusted net earnings reconciliation ($M)
      Q2 2024   Q2 2025   V %
    GAAP net earnings $ 337     $ 378       12 %
    Transaction-related expenses for completed
    acquisitions    		   —       3      
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   —       (13 ) A  
    Amortization of acquisition-related intangible
    assets    		   146       160   B  
    Adjusted net earnings C $ 483     $ 528       9 %
               
    Table 3: Adjusted DEPS reconciliation
      Q2 2024   Q2 2025   V %
    GAAP DEPS $ 3.12     $ 3.49       12 %
    Transaction-related expenses for completed
    acquisitions    		   —       0.03      
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   —       (0.12 ) A  
    Amortization of acquisition-related intangible
    assets    		   1.35       1.48   B  
    Adjusted DEPS C $ 4.48     $ 4.87       9 %
               
    Table 4: Adjusted cash flow reconciliation ($M)
      Q2 2024   Q2 2025   V %
    Operating cash flow $ 384     $ 404       5 %
    Taxes paid in period related to divestiture   —       30   D  
    Adjusted operating cash flow $ 384     $ 434       13 %
    Capital expenditures   (7 )     (16 )    
    Capitalized software expenditures   (11 )     (14 )    
    Adjusted free cash flow $ 367     $ 403       10 %
               
    Table 5: Forecasted adjusted DEPS reconciliation
      Q3 2025   FY 2025
      Low end   High end   Low end   High end
    GAAP DEPS E $ 3.61     $ 3.65     $ 13.89     $ 14.04  
    YTD transaction-related expenses for
    completed acquisitions    		   —       —       0.03       0.03  
    YTD financial impacts associated with the
    minority investment in Indicor A    		   —       —       0.17       0.17  
    Amortization of acquisition-related
    intangible assets B    		   1.47       1.47       5.81       5.81  
    Adjusted DEPS C $ 5.08     $ 5.12     $ 19.90     $ 20.05  
                   

    Footnotes:

    A.  Adjustments related to the financial impacts associated with the minority investment in Indicor as shown below ($M, except per share data). Forecasted results do not include any potential impacts associated with our minority investment in Indicor, as these potential impacts cannot be reasonably predicted. These impacts will be excluded from all non-GAAP results in future periods.
                         
        Q2 2025A     Q3 2025E   FY 2025E     YTD 2025A
      Pretax $ (17 )     TBD   TBD     $ 28
      After-tax $ (13 )     TBD   TBD     $ 18
      Per share $ (0.12 )     TBD   TBD     $ 0.17
                         
    B. Actual results and forecast of estimated amortization of acquisition-related intangible assets as shown below ($M, except per share data). Forecasted results do not include amortization of intangible assets associated with the announced acquisition of Subsplash, as the valuation of acquisition-related intangible assets is incomplete. This item will be excluded from all non-GAAP results in future periods.
                         
        Q2 2025A     Q3 2025E   FY 2025E      
      Pretax $ 203       $ 202   $ 798      
      After-tax $ 160       $ 160   $ 630      
      Per share $ 1.48       $ 1.47   $ 5.81      
                         
    C. All actual and forecasted non-GAAP adjustments are taxed at 21% with the exception of the financial impacts associated with minority investments.
                         
    D. Cash taxes paid in the quarter associated with Roper’s gain on the sale of its minority interest in Certinia.
                         
    E. Forecasted GAAP DEPS do not include any potential impacts associated with our minority investment in Indicor, nor amortization of intangible assets associated with the announced acquisition of Subsplash, as the valuation of acquisition-related intangible assets is incomplete. These impacts will be excluded from all non-GAAP results in future periods.
       

    Note: Numbers may not foot due to rounding.  

    About Roper Technologies

    Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.

    Contact information:
    Investor Relations
    941-556-2601
    investor-relations@ropertech.com

    The information provided in this press release contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth, profit and cash flow expectations. Forward-looking statements may be indicated by words or phrases such as “anticipate,” “estimate,” “plans,” “expects,” “projects,” “should,” “will,” “believes,” “intends” and similar words and phrases. These statements reflect management’s current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statement. Such risks and uncertainties include our ability to identify and complete acquisitions consistent with our business strategies, integrate acquisitions that have been completed, realize expected benefits and synergies from, and manage other risks associated with, acquired businesses, including obtaining any required regulatory approvals with respect thereto. We also face other general risks, including our ability to realize cost savings from our operating initiatives, general economic conditions and the conditions of the specific markets in which we operate, including risks related to labor shortages and rising interest rates, changes in foreign exchange rates, risks related to changing U.S. and foreign trade policies, including increased trade restrictions or tariffs, risks associated with our international operations, cybersecurity and data privacy risks, including litigation resulting therefrom, risks related to political instability, armed hostilities, incidents of terrorism, public health crises (such as the COVID-19 pandemic) or natural disasters, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, including as a result of inflation and potential supply chain constraints, environmental compliance costs and liabilities, risks and cost associated with litigation, potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products. Important risks may be discussed in current and subsequent filings with the SEC. You should not place undue reliance on any forward-looking statements. These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

    Roper Technologies, Inc.      
    Condensed Consolidated Balance Sheets (unaudited)    
    (Amounts in millions)      
           
      June 30, 2025   December 31, 2024
    ASSETS:      
           
    Cash and cash equivalents $ 242.4     $ 188.2  
    Accounts receivable, net   868.8       885.1  
    Inventories, net   132.2       120.8  
    Income taxes receivable   50.0       25.6  
    Unbilled receivables   140.0       127.3  
    Prepaid expenses and other current assets   220.9       195.7  
    Total current assets   1,654.3       1,542.7  
           
    Property, plant and equipment, net   156.5       149.7  
    Goodwill   20,507.6       19,312.9  
    Other intangible assets, net   9,627.4       9,059.6  
    Deferred taxes   54.6       54.1  
    Equity investment   739.7       772.3  
    Other assets   480.3       443.4  
    Total assets $ 33,220.4     $ 31,334.7  
           
    LIABILITIES AND STOCKHOLDERS’ EQUITY:      
           
    Accounts payable $ 159.4     $ 148.1  
    Accrued compensation   213.8       289.0  
    Deferred revenue   1,618.1       1,737.4  
    Other accrued liabilities   520.3       546.2  
    Income taxes payable   53.1       68.4  
    Current portion of long-term debt, net   999.8       1,043.1  
    Total current liabilities   3,564.5       3,832.2  
           
    Long-term debt, net of current portion   7,859.2       6,579.9  
    Deferred taxes   1,706.0       1,630.6  
    Other liabilities   456.8       424.4  
    Total liabilities   13,586.5       12,467.1  
           
    Common stock   1.1       1.1  
    Additional paid-in capital   3,187.1       3,014.6  
    Retained earnings   16,565.9       16,034.9  
    Accumulated other comprehensive loss   (104.1 )     (166.5 )
    Treasury stock   (16.1 )     (16.5 )
    Total stockholders’ equity   19,633.9       18,867.6  
    Total liabilities and stockholders’ equity $ 33,220.4     $ 31,334.7  
           
    Roper Technologies, Inc.          
    Condensed Consolidated Statements of Earnings (unaudited)        
    (Amounts in millions, except per share data)        
                   
      Three months ended
    June 30,    		   Six months ended
    June 30,
        2025       2024       2025       2024  
    Net revenues $ 1,943.6     $ 1,716.8     $ 3,826.4     $ 3,397.5  
    Cost of sales   598.2       523.5       1,187.3       1,023.2  
    Gross profit   1,345.4       1,193.3       2,639.1       2,374.3  
                   
    Selling, general and administrative expenses   797.1       699.1       1,565.0       1,398.8  
    Income from operations   548.3       494.2       1,074.1       975.5  
                   
    Interest expense, net   79.1       67.5       142.0       120.7  
    Equity investments (gain) loss, net   (16.6 )     0.8       27.8       (56.2 )
    Other expense, net   0.5       0.6       1.0       1.8  
                   
    Earnings before income taxes   485.3       425.3       903.3       909.2  
                   
    Income taxes   107.0       88.2       193.9       190.1  
                   
    Net earnings $ 378.3     $ 337.1     $ 709.4     $ 719.1  
                   
    Net earnings per share:              
    Basic $ 3.52     $ 3.15     $ 6.60     $ 6.72  
    Diluted $ 3.49     $ 3.12     $ 6.55     $ 6.66  
                   
    Weighted average common shares outstanding:              
    Basic   107.6       107.1       107.5       107.0  
    Diluted   108.4       107.9       108.3       107.9  
    Roper Technologies, Inc.                
    Selected Segment Financial Data (unaudited)                
    (Amounts in millions; percentages of net revenues)                
                                   
      Three months ended June 30,   Six months ended June 30,
        2025       2024       2025       2024  
      Amount   %   Amount   %   Amount   %   Amount   %
    Net revenues:                              
    Application Software $ 1,094.9         $ 931.8         $ 2,163.1         $ 1,827.0      
    Network Software   385.4           364.2           761.3           735.0      
    Technology Enabled
    Products    		   463.3           420.8           902.0           835.5      
    Total $ 1,943.6         $ 1,716.8         $ 3,826.4         $ 3,397.5      
                                   
                                   
    Gross profit:                              
    Application Software $ 753.3       68.8 %   $ 641.1       68.8 %   $ 1,474.1       68.1 %   $ 1,266.8       69.3 %
    Network Software   320.8       83.2 %     307.8       84.5 %     636.4       83.6 %     624.1       84.9 %
    Technology Enabled
    Products    		   271.3       58.6 %     244.4       58.1 %     528.6       58.6 %     483.4       57.9 %
    Total $ 1,345.4       69.2 %   $ 1,193.3       69.5 %   $ 2,639.1       69.0 %   $ 2,374.3       69.9 %
                                   
                                   
    Operating profit*:                              
    Application Software $ 294.6       26.9 %   $ 251.1       26.9 %   $ 571.4       26.4 %   $ 490.7       26.9 %
    Network Software   169.3       43.9 %     159.1       43.7 %     336.0       44.1 %     326.1       44.4 %
    Technology Enabled
    Products    		   164.1       35.4 %     146.7       34.9 %     317.7       35.2 %     282.9       33.9 %
    Total $ 628.0       32.3 %   $ 556.9       32.4 %   $ 1,225.1       32.0 %   $ 1,099.7       32.4 %
                                   
                                   
    * Segment operating profit is before unallocated corporate general and administrative expenses and enterprise-wide stock-based compensation. These expenses were $79.7 and $62.7 for the three months ended June 30, 2025 and 2024, respectively, and $151.0 and $124.2 for the six months ended June 30, 2025 and 2024, respectively.
    Roper Technologies, Inc.  
    Condensed Consolidated Statements of Cash Flows (unaudited)
    (Amounts in millions)
      Six months ended
    June 30,
        2025       2024  
    Cash flows from operating activities:      
    Net earnings $ 709.4     $ 719.1  
    Adjustments to reconcile net earnings to cash flows from operating
    activities:    		      
    Depreciation and amortization of property, plant and equipment   19.6       18.5  
    Amortization of intangible assets   417.2       377.2  
    Amortization of deferred financing costs   5.5       4.5  
    Non-cash stock compensation   82.7       73.3  
    Equity investments (gain) loss, net   27.8       (56.2 )
    Income tax provision   193.9       190.1  
    Changes in operating assets and liabilities, net of acquired businesses:      
    Accounts receivable   37.4       96.7  
    Unbilled receivables   (9.7 )     (17.7 )
    Inventories   (9.6 )     (11.0 )
    Prepaid expenses and other current assets   (22.9 )     (30.7 )
    Accounts payable   7.0       4.5  
    Other accrued liabilities   (115.4 )     (47.3 )
    Deferred revenue   (132.7 )     (122.6 )
    Cash taxes paid for gain on disposal of equity investment   (30.2 )     —  
    Cash income taxes paid, excluding tax associated with gain on disposal of
    equity investment    		   (233.7 )     (284.3 )
    Other, net   (13.5 )     1.5  
    Cash provided by operating activities   932.8       915.6  
           
    Cash flows from (used in) investing activities:      
    Acquisitions of businesses, net of cash acquired   (2,005.2 )     (1,858.3 )
    Capital expenditures   (26.0 )     (15.9 )
    Capitalized software expenditures   (26.8 )     (20.5 )
    Distributions from equity investment   5.1       8.4  
    Other   1.6       (1.1 )
    Cash used in investing activities   (2,051.3 )     (1,887.4 )
           
    Cash flows from (used in) financing activities:      
    Borrowings under revolving line of credit, net   1,275.0       1,090.0  
    Cash dividends to stockholders   (177.2 )     (160.6 )
    Proceeds from stock-based compensation, net   73.8       75.9  
    Treasury stock sales   12.5       10.3  
    Other, net   (43.9 )     (0.2 )
    Cash provided by financing activities   1,140.2       1,015.4  
           
    Effect of exchange rate changes on cash   32.5       (6.4 )
           
    Net increase in cash and cash equivalents   54.2       37.2  
           
    Cash and cash equivalents, beginning of period   188.2       214.3  
           
    Cash and cash equivalents, end of period $ 242.4     $ 251.5  
           

    The MIL Network –

  • MIL-OSI: Viva Gold to Present at the Metals & Mining Virtual Investor Conference July 23, 2025

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) — Viva Gold Corp. (VAUCF: OTCQB, VAU: TSXV) (“Viva,” or the “Company”), based in Vancouver, Canada, focused on developing its 100% owned Tonopah Gold Project on the prolific Walker Lane Trend in Nevada, today announced that Jim Hesketh, President & Chief Executive Officer, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com on July 23, 2025.

    DATE: July 23
    TIME: 11AM EDT
    LINK: REGISTER HERE
    Available for 1×1 meetings: July 23 to July 29

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

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

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

    Recent Company Highlights

    • The Company recently released an updated resource and economic study, confirming the economic viability of the project
    • Viva will now move into feasibility study level work and the expedited permitting process in Nevada
    • Permitted mines in this jurisdiction receive material share price re-ratings

    About Viva Gold Corp:

    Viva Gold is led by CEO James Hesketh, a 40-year veteran in the mining space who has led the development and construction of eight other mines around the world throughout his career. James has surrounded himself with equally experienced mining professionals both on the management team and the board.

    Viva Gold trades on the TSX Venture exchange “VAU”, on the OTCQB “VAUCF” and on the Frankfurt exchange “7PB”. Viva currently has ~145.2 million shares outstanding and boasts a best-in-class management team and board with decades of gold exploration and production experience. The Company is advancing its high-grade Tonopah Gold Project in mining friendly Nevada with the support of several institutional shareholders. More information can be found on https://www.Sedar.Com and please visit our website: www.vivagoldcorp.com.

    Viva is committed to developing the Tonopah Gold Project in an environmentally and socially responsible fashion. These values are aligned with management’s core values and permeate throughout our decision-making process.

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

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

    CONTACTS:

    Viva Gold Corp.
    Name: Jim Hesketh
    Title: President & CEO
    Phone: 720-291-1775
    Email: jhesketh@vivagoldcorp.com 

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

    The MIL Network –

  • MIL-OSI: Viva Gold to Present at the Metals & Mining Virtual Investor Conference July 23, 2025

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) — Viva Gold Corp. (VAUCF: OTCQB, VAU: TSXV) (“Viva,” or the “Company”), based in Vancouver, Canada, focused on developing its 100% owned Tonopah Gold Project on the prolific Walker Lane Trend in Nevada, today announced that Jim Hesketh, President & Chief Executive Officer, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com on July 23, 2025.

    DATE: July 23
    TIME: 11AM EDT
    LINK: REGISTER HERE
    Available for 1×1 meetings: July 23 to July 29

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

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

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

    Recent Company Highlights

    • The Company recently released an updated resource and economic study, confirming the economic viability of the project
    • Viva will now move into feasibility study level work and the expedited permitting process in Nevada
    • Permitted mines in this jurisdiction receive material share price re-ratings

    About Viva Gold Corp:

    Viva Gold is led by CEO James Hesketh, a 40-year veteran in the mining space who has led the development and construction of eight other mines around the world throughout his career. James has surrounded himself with equally experienced mining professionals both on the management team and the board.

    Viva Gold trades on the TSX Venture exchange “VAU”, on the OTCQB “VAUCF” and on the Frankfurt exchange “7PB”. Viva currently has ~145.2 million shares outstanding and boasts a best-in-class management team and board with decades of gold exploration and production experience. The Company is advancing its high-grade Tonopah Gold Project in mining friendly Nevada with the support of several institutional shareholders. More information can be found on https://www.Sedar.Com and please visit our website: www.vivagoldcorp.com.

    Viva is committed to developing the Tonopah Gold Project in an environmentally and socially responsible fashion. These values are aligned with management’s core values and permeate throughout our decision-making process.

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

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

    CONTACTS:

    Viva Gold Corp.
    Name: Jim Hesketh
    Title: President & CEO
    Phone: 720-291-1775
    Email: jhesketh@vivagoldcorp.com 

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

    The MIL Network –

  • MIL-OSI: Viva Gold to Present at the Metals & Mining Virtual Investor Conference July 23, 2025

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) — Viva Gold Corp. (VAUCF: OTCQB, VAU: TSXV) (“Viva,” or the “Company”), based in Vancouver, Canada, focused on developing its 100% owned Tonopah Gold Project on the prolific Walker Lane Trend in Nevada, today announced that Jim Hesketh, President & Chief Executive Officer, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com on July 23, 2025.

    DATE: July 23
    TIME: 11AM EDT
    LINK: REGISTER HERE
    Available for 1×1 meetings: July 23 to July 29

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

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

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

    Recent Company Highlights

    • The Company recently released an updated resource and economic study, confirming the economic viability of the project
    • Viva will now move into feasibility study level work and the expedited permitting process in Nevada
    • Permitted mines in this jurisdiction receive material share price re-ratings

    About Viva Gold Corp:

    Viva Gold is led by CEO James Hesketh, a 40-year veteran in the mining space who has led the development and construction of eight other mines around the world throughout his career. James has surrounded himself with equally experienced mining professionals both on the management team and the board.

    Viva Gold trades on the TSX Venture exchange “VAU”, on the OTCQB “VAUCF” and on the Frankfurt exchange “7PB”. Viva currently has ~145.2 million shares outstanding and boasts a best-in-class management team and board with decades of gold exploration and production experience. The Company is advancing its high-grade Tonopah Gold Project in mining friendly Nevada with the support of several institutional shareholders. More information can be found on https://www.Sedar.Com and please visit our website: www.vivagoldcorp.com.

    Viva is committed to developing the Tonopah Gold Project in an environmentally and socially responsible fashion. These values are aligned with management’s core values and permeate throughout our decision-making process.

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

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

    CONTACTS:

    Viva Gold Corp.
    Name: Jim Hesketh
    Title: President & CEO
    Phone: 720-291-1775
    Email: jhesketh@vivagoldcorp.com 

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

    The MIL Network –

  • MIL-OSI: Beneficient Appoints Tom Hicks as Chairman and James Silk as Interim Chief Executive Officer

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 21, 2025 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today announced the separation of the roles of Chairman of the Board of Directors (“Board”) and Chief Executive Officer with the appointment of Thomas O. Hicks as Chairman of the Board and James G. Silk as its interim Chief Executive Officer.

    Mr. Hicks is a private equity pioneer with a decades-long record of success. He founded one of the early prominent private equity firms through which more than $12 billion was raised across six funds, completing more than $50 billion of leveraged acquisitions. Currently, through his family office, Mr. Hicks leads a seasoned team of private equity professionals who specialize in small and middle market transactions in specialty manufacturing, energy, food and beverage, media, and special situations. Mr. Hicks has served on the Board since 2018.

    Mr. Hicks said: “I am eager to assume this leadership position and to begin working to realize the Company’s full potential. An important first step is to appoint the right Interim CEO. Mr. Silk’s belief in the Company’s core strategy and significant experience with Beneficient and in financial services makes him the right person to guide us forward as we work to regain momentum and drive shareholder value.”

    “I am excited to return to Beneficient and work with the Board and leadership team to navigate this transition period in order to position the Company for long term success,” Mr. Silk said.

    Mr. Silk has more than 20 years of experience in the financial services industry and previously served as Executive Vice President and Chief Legal Officer of the Company, overseeing Beneficient’s operations, underwriting, risk, and legal groups, from January 2020 until May 2024. He also served as a member of the Board of Directors from January 2020 until May 2024. Prior to joining the Company in 2020, Mr. Silk was a Partner in the Asset Management Group of international law firm, Willkie Farr & Gallagher LLP, where he worked for more than 13 years. Prior to that position, Mr. Silk was an attorney at international law firm, A&O Shearman LLP.

    Throughout his career, Mr. Silk has advised clients on a wide variety of business and legal issues across the alternative assets industry. He has counseled many of the industry’s largest and most recognizable public and private asset management firms, including Goldman Sachs, Deutsche Bank, Credit Suisse, KKR, Brookfield, Bank of America, Merrill Lynch and Morgan Stanley. Mr. Silk has extensive expertise on developing alternative asset products and negotiating asset management mergers and acquisitions and other corporate transactions.

    Mr. Silk graduated with a BS in Finance from the University of Virginia and earned a JD, Summa Cum Laude, from St. John’s University School of Law.

    About Beneficient 
    Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds− with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote® tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.

    Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner. 

    For more information, visit www.trustben.com or follow us on LinkedIn. 

    Contacts
    Matt Kreps: 214-597-8200, mkreps@darrowir.com
    Michael Wetherington: 214-284-1199, mwetherington@darrowir.com
    Investor Relations: investors@beneficient.com

    Forward Looking Statements
    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our executive transition period, our ability to create shareholder value and our future success . The words ”anticipate,” “believe,” ”continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” ”plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Important factors that could cause actual results to differ materially from those expressed in the forward-looking statements include, among others, the risks, uncertainties, and factors set forth under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and its subsequently filed Quarterly Reports on Form 10-Q and the risks and uncertainties contained in the Company’s Current Reports on Form 8-K. Forward-looking statements speak only as of the date they are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events, or circumstances or other changes affecting such statements except to the extent required by applicable law.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network –

  • MIL-OSI: HBT Financial, Inc. Announces Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Second Quarter Highlights

    • Net income of $19.2 million, or $0.61 per diluted share; return on average assets (“ROAA”) of 1.53%; return on average stockholders’ equity (“ROAE”) of 13.47%; and return on average tangible common equity (“ROATCE”)(1) of 15.55%
    • Adjusted net income(1) of $19.8 million; or $0.63 per diluted share; adjusted ROAA(1) of 1.58%; adjusted ROAE(1) of 13.87%; and adjusted ROATCE(1) of 16.02%
    • Asset quality remained strong with nonperforming assets to total assets of 0.13% and net charge-offs to average loans of 0.12%, on an annualized basis
    • Net interest margin increased 2 basis points to 4.14% and net interest margin (tax-equivalent basis)(1)increased 3 basis points to 4.19%

    BLOOMINGTON, Ill., July 21, 2025 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today reported net income of $19.2 million, or $0.61 diluted earnings per share, for the second quarter of 2025. This compares to net income of $19.1 million, or $0.60 diluted earnings per share, for the first quarter of 2025, and net income of $18.1 million, or $0.57 diluted earnings per share, for the second quarter of 2024.

    J. Lance Carter, President and Chief Executive Officer of HBT Financial, said, “During the second quarter of 2025, our team continued to deliver consistently strong earnings with adjusted net income(1) of $19.8 million, or $0.63 per diluted share. This was driven by an increase in adjusted pre-provision net revenue(1) of 5.2%, compared to the first quarter of 2025. Adjusted ROAA(1) was 1.58% and adjusted ROATCE(1) was 16.02% for the second quarter while our net interest margin on a tax equivalent basis(1) increased 3 basis points to 4.19%. Our strong profitability coupled with an improvement in our accumulated other comprehensive income due to lower interest rates resulted in a $0.59 increase in our tangible book value per share(1) to $16.02, an increase of 3.8% for the quarter and 17.4% over the last 12 months.

    Our balance sheet remains strong as all capital ratios increased during the quarter and asset quality remained stable with nonperforming assets to total assets of only 0.13%. We saw a decrease in loans during the quarter as seasonal paydowns on grain elevator lines of credit caused a decrease in commercial and industrial loans and a higher amount of property sales caused higher payoffs in several other portfolios. We expect to see loan growth return in the third quarter of 2025 due to higher loan pipelines at the end of the second quarter than at the end of the first quarter and fewer payoffs projected.

    Our credit discipline, strong profitability and solid balance sheet give us confidence that we are prepared for a variety of economic and interest rate environments. Our capital levels and operational structure support attractive acquisition opportunities should the right opportunity arise.”
    ____________________________________
    (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.

    Adjusted Net Income

    In addition to reporting GAAP results, the Company believes non-GAAP measures such as adjusted net income and adjusted earnings per share, which adjust for acquisition expenses, branch closure expenses, gains (losses) on closed branch premises, realized gains (losses) on sales of securities, mortgage servicing rights fair value adjustments, and the tax effect of these pre-tax adjustments, provide investors with additional insight into its operational performance. The Company reported adjusted net income of $19.8 million, or $0.63 adjusted diluted earnings per share, for the second quarter of 2025. This compares to adjusted net income of $19.3 million, or $0.61 adjusted diluted earnings per share, for the first quarter of 2025, and adjusted net income of $18.1 million, or $0.57 adjusted diluted earnings per share, for the second quarter of 2024 (see “Reconciliation of Non-GAAP Financial Measures” tables below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures).

    Net Interest Income and Net Interest Margin

    Net interest income for the second quarter of 2025 was $49.7 million, an increase of 2.0% from $48.7 million for the first quarter of 2025. The increase was primarily attributable to improved yields on debt securities and lower funding costs which were partially offset by a decrease in average loan balances.

    Relative to the second quarter of 2024, net interest income increased 5.6% from $47.0 million. The increase was primarily attributable to lower funding costs, improved yields on debt securities, and higher average loan balances. Additionally, a $0.5 million increase in nonaccrual interest recoveries and loan fees contributed to the increase in net interest income.

    Net interest margin for the second quarter of 2025 was 4.14%, compared to 4.12% for the first quarter of 2025, and net interest margin (tax-equivalent basis)(1) for the second quarter of 2025 was 4.19%, compared to 4.16% for the first quarter of 2025. The increase was primarily attributable to improved yields on debt securities, which increased 11 basis points to 2.60%, and lower funding costs, which decreased 3 basis points to 1.29%.

    Relative to the second quarter of 2024, net interest margin increased 19 basis points from 3.95% and net interest margin (tax-equivalent basis)(1) increased 19 basis points from 4.00%. The increase was primarily attributable to lower funding costs, higher yields on interest-earning assets, and an increase in nonaccrual interest recoveries and loan fees. The increase in the contribution of nonaccrual interest recoveries and loan fees accounted for 4 basis points of the increase in net interest margin.
    ____________________________________
    (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.

    Noninterest Income

    Noninterest income for the second quarter of 2025 was $9.1 million, a 1.8% decrease from $9.3 million for the first quarter of 2025. The decrease was primarily attributable to changes in the mortgage servicing rights (“MSR”) fair value adjustment, with a $0.8 million negative MSR fair value adjustment included in the second quarter 2025 results compared to a $0.3 million negative MSR fair value adjustment included in the first quarter 2025 results. Partially offsetting this decrease were seasonal increases in card income of $0.2 million and gains on sale of mortgage loans of $0.2 million.

    Relative to the second quarter of 2024, noninterest income decreased 4.9% from $9.6 million. The decrease was primarily attributable to changes in the MSR fair value adjustment, with a $0.8 million negative MSR fair value adjustment included in the second quarter 2025 results compared to a $0.1 million negative MSR fair value adjustment included in the second quarter 2024 results. Partially offsetting the decrease was a $0.2 million increase in wealth management fees.

    Noninterest Expense

    Noninterest expense for the second quarter of 2025 was $31.9 million, nearly unchanged from the first quarter of 2025. A $0.6 million decrease in salaries expense, which was impacted by seasonal variations in vacation accruals, was largely offset by a $0.4 million increase in other noninterest expense and a $0.3 million increase in employee benefits expense, primarily driven by higher medical benefit costs.

    Relative to the second quarter of 2024, noninterest expense increased 4.6% from $30.5 million. The increase was primarily attributable to a $0.7 million increase in employee benefits expense, primarily driven by higher medical benefit costs, a $0.3 million increase in other noninterest expense, and a $0.2 million increase in bank occupancy expense, primarily due to planned building maintenance and upgrades.

    Income Taxes

    During the second quarter of 2025 our effective tax rate increased to 27.0% when compared to 25.2% during the first quarter of 2025. This increase was primarily related to $0.3 million of additional tax expense related to the nonrecurring reversal of a stranded tax effect included in accumulated other comprehensive income, in connection with the maturity of a derivative designated as a cash flow hedge during the second quarter of 2025. Additionally, the first quarter of 2025 included a $0.2 million tax benefit from stock-based compensation that vested during the quarter.

    Loan Portfolio

    Total loans outstanding, before allowance for credit losses, were $3.35 billion at June 30, 2025, compared with $3.46 billion at March 31, 2025, and $3.39 billion at June 30, 2024. The $113.6 million decrease from March 31, 2025 was primarily attributable to $72.0 million of paydowns from property sales, a seasonal reduction of $25.1 million in grain elevator lines of credit included in the commercial and industrial segment, and additional payoffs across other segments. These reductions were partially offset by draws on existing loans in the construction and development segment and new originations to existing customers. Additionally, increases in the multi-family and commercial real estate – non-owner occupied segments were primarily due to completed projects being moved out of the construction and land development category.

    Deposits

    Total deposits were $4.31 billion at June 30, 2025, compared with $4.38 billion at March 31, 2025, and $4.32 billion at June 30, 2024. The $78.1 million decrease from March 31, 2025 was primarily attributable to higher outflows for tax payments by depositors and lower balances maintained in existing retail accounts which were partially offset by higher public funds balances.

    Asset Quality

    Nonperforming assets totaled $6.5 million, or 0.13% of total assets, at June 30, 2025, compared with $5.6 million, or 0.11% of total assets, at March 31, 2025, and $8.8 million, or 0.17% of total assets, at June 30, 2024. Additionally, of the $5.6 million of nonperforming loans held as of June 30, 2025, $1.9 million were either wholly or partially guaranteed by the U.S. government. The $0.9 million increase in nonperforming assets from March 31, 2025 was primarily attributable to higher nonperforming loan balances in the commercial and industrial and the construction and land development segments.

    The Company recorded a provision for credit losses of $0.5 million for the second quarter of 2025. The provision for credit losses primarily reflects a $1.0 million increase in required reserves driven by changes in the economic forecast; a $0.8 million increase in required reserves resulting from changes in qualitative factors; a $1.2 million decrease in required reserves driven by changes within the portfolio; and a $0.1 million decrease in specific reserves.
    The Company had net charge-offs of $1.0 million, or 0.12% of average loans on an annualized basis, for the second quarter of 2025, compared to net charge-offs of $0.4 million, or 0.05% of average loans on an annualized basis, for the first quarter of 2025, and net charge-offs of $0.7 million, or 0.08% of average loans on an annualized basis, for the second quarter of 2024. Charge-offs during second quarter of 2025 were primarily recognized in the commercial and industrial and one-to-four family residential segments.

    The Company’s allowance for credit losses was 1.24% of total loans and 741% of nonperforming loans at June 30, 2025, compared with 1.22% of total loans and 825% of nonperforming loans at March 31, 2025. In addition, the allowance for credit losses on unfunded lending-related commitments totaled $3.1 million as of June 30, 2025, compared with $3.2 million as of March 31, 2025.

    Capital

    As of June 30, 2025, the Company exceeded all regulatory capital requirements under Basel III as summarized in the following table:

        June 30, 2025   For Capital
    Adequacy Purposes
    With Capital
    Conservation Buffer
             
    Total capital to risk-weighted assets   17.74 %   10.50 %
    Tier 1 capital to risk-weighted assets   15.60     8.50  
    Common equity tier 1 capital ratio   14.26     7.00  
    Tier 1 leverage ratio   11.86     4.00  
                 

    The ratio of tangible common equity to tangible assets(1) increased to 10.21% as of June 30, 2025, from 9.73% as of March 31, 2025, and tangible book value per share(1) increased by $0.59 to $16.02 as of June 30, 2025, when compared to March 31, 2025.

    During the second quarter of 2025, the Company repurchased 135,997 shares of its common stock at a weighted average price of $21.30 under its stock repurchase program. The Company’s Board of Directors has authorized the repurchase of up to $15.0 million of HBT Financial common stock under its stock repurchase program, which is in effect until January 1, 2026. As of June 30, 2025, the Company had $12.1 million remaining under the stock repurchase program.
    ____________________________________
    (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.

    About HBT Financial, Inc.

    HBT Financial, Inc., headquartered in Bloomington, Illinois, is the holding company for Heartland Bank and Trust Company, and has banking roots that can be traced back to 1920. HBT Financial provides a comprehensive suite of financial products and services to consumers, businesses, and municipal entities throughout Illinois and eastern Iowa through 66 full-service branches. As of June 30, 2025, HBT Financial had total assets of $5.0 billion, total loans of $3.3 billion, and total deposits of $4.3 billion.

    Non-GAAP Financial Measures

    Some of the financial measures included in this press release are not measures of financial performance recognized in accordance with GAAP. These non-GAAP financial measures include adjusted net income, adjusted earnings per share, adjusted ROAA, pre-provision net revenue, pre-provision net revenue less charge-offs (recoveries), adjusted pre-provision net revenue, adjusted pre-provision net revenue less charge-offs (recoveries), net interest income (tax-equivalent basis), net interest margin (tax-equivalent basis), efficiency ratio (tax-equivalent basis), adjusted efficiency ratio (tax-equivalent basis), the ratio of tangible common equity to tangible assets, tangible book value per share, adjusted ROAE, ROATCE, and adjusted ROATCE. Our management uses these non-GAAP financial measures, together with the related GAAP financial measures, in its analysis of our performance and in making business decisions. Management believes that it is a standard practice in the banking industry to present these non-GAAP financial measures, and accordingly believes that providing these measures may be useful for peer comparison purposes. These disclosures should not be viewed as substitutes for the results determined to be in accordance with GAAP; nor are they necessarily comparable to non-GAAP financial measures that may be presented by other companies. See our reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures in the “Reconciliation of Non-GAAP Financial Measures” tables.

    Forward-Looking Statements

    Readers should note that in addition to the historical information contained herein, this press release contains, and future oral and written statements of the Company and its management may contain, “forward-looking statements” within the meanings of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “will,” “propose,” “may,” “plan,” “seek,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “continue,” or “should,” or similar terminology. Any forward-looking statements presented herein are made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

    Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to: (i) the strength of the local, state, national and international economies and financial markets (including effects of inflationary pressures and supply chain constraints); (ii) effects on the U.S. economy resulting from the threat or implementation of, or changes to, existing policies and executive orders including tariffs, immigration policy, regulatory or other governmental agencies, foreign policy and tax regulations; (iii) the economic impact of any future terrorist threats and attacks, widespread disease or pandemics, acts of war or other threats thereof (including the Russian invasion of Ukraine and ongoing conflicts in the Middle East), or other adverse events that could cause economic deterioration or instability in credit markets, and the response of the local, state and national governments to any such adverse external events; (iv) new and revised accounting policies and practices, as may be adopted by state and federal regulatory banking agencies, the Financial Accounting Standards Board or the Public Company Accounting Oversight Board; (v) changes in local, state and federal laws, regulations and governmental policies concerning the Company’s general business and any changes in response to bank failures; (vi) the imposition of tariffs or other governmental policies impacting the value of products produced by the Company’s commercial borrowers; (vii) changes in interest rates and prepayment rates of the Company’s assets; (viii) increased competition in the financial services sector, including from non-bank competitors such as credit unions and fintech companies, and the inability to attract new customers; (ix) technological changes implemented by us and other parties, including our third-party vendors, which may have unforeseen consequences to us and our customers, including the development and implementation of tools incorporating artificial intelligence; (x) unexpected results of acquisitions, which may include failure to realize the anticipated benefits of acquisitions and the possibility that transaction costs may be greater than anticipated; (xi) the loss of key executives and employees, talent shortages and employee turnover; (xii) changes in consumer spending; (xiii) unexpected outcomes or costs of existing or new litigation or other legal proceedings and regulatory actions involving the Company; (xiv) the economic impact on the Company and its customers of climate change, natural disasters and of exceptional weather occurrences such as tornadoes, floods and blizzards; (xv) fluctuations in the value of securities held in our securities portfolio, including as a result of changes in interest rates; (xvi) credit risks and risks from concentrations (by type of borrower, geographic area, collateral and industry) within our loan portfolio (including commercial real estate loans) and large loans to certain borrowers; (xvii) the overall health of the local and national real estate market; (xviii) the ability to maintain an adequate level of allowance for credit losses on loans; (xix) the concentration of large deposits from certain clients who have balances above current FDIC insurance limits and who may withdraw deposits to diversify their exposure; (xx) the ability to successfully manage liquidity risk, which may increase dependence on non-core funding sources such as brokered deposits, and may negatively impact the Company’s cost of funds; (xxi) the level of nonperforming assets on our balance sheet; (xxii) interruptions involving our information technology and communications systems or third-party servicers; (xxiii) the occurrence of fraudulent activity, breaches or failures of our third-party vendors’ information security controls or cybersecurity-related incidents, including as a result of sophisticated attacks using artificial intelligence and similar tools or as a result of insider fraud; (xxiv) the effectiveness of the Company’s risk management framework, and (xxv) the ability of the Company to manage the risks associated with the foregoing as well as anticipated. Readers should note that the forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements. Additional information concerning the Company and its business, including additional factors that could materially affect the Company’s financial results, is included in the Company’s filings with the Securities and Exchange Commission.

    CONTACT:
    Peter Chapman
    HBTIR@hbtbank.com 
    (309) 664-4556

    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
             
        As of or for the Three Months Ended   Six Months Ended June 30,
    (dollars in thousands, except per share data)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025       2024  
    Interest and dividend income   $ 63,919     $ 63,138     $ 62,824     $ 127,057     $ 124,785  
    Interest expense     14,261       14,430       15,796       28,691       31,069  
    Net interest income     49,658       48,708       47,028       98,366       93,716  
    Provision for credit losses     526       576       1,176       1,102       1,703  
    Net interest income after provision for credit losses     49,132       48,132       45,852       97,264       92,013  
    Noninterest income     9,140       9,306       9,610       18,446       15,236  
    Noninterest expense     31,914       31,935       30,509       63,849       61,777  
    Income before income tax expense     26,358       25,503       24,953       51,861       45,472  
    Income tax expense     7,128       6,428       6,883       13,556       12,144  
    Net income   $ 19,230     $ 19,075     $ 18,070     $ 38,305     $ 33,328  
                         
    Earnings per share – diluted   $ 0.61     $ 0.60     $ 0.57     $ 1.21     $ 1.05  
                         
    Adjusted net income (1)   $ 19,803     $ 19,253     $ 18,139     $ 39,056     $ 36,212  
    Adjusted earnings per share – diluted (1)     0.63       0.61       0.57       1.23       1.14  
                         
    Book value per share   $ 18.44     $ 17.86     $ 16.14          
    Tangible book value per share (1)     16.02       15.43       13.64          
                         
    Shares of common stock outstanding     31,495,434       31,631,431       31,559,366          
    Weighted average shares of common stock outstanding, including all dilutive potential shares     31,588,541       31,711,671       31,666,811       31,649,766       31,734,999  
                         
    SUMMARY RATIOS                    
    Net interest margin *     4.14 %     4.12 %     3.95 %     4.13 %     3.95 %
    Net interest margin (tax-equivalent basis) * (1)(2)     4.19       4.16       4.00       4.18       3.99  
                         
    Efficiency ratio     53.10 %     53.85 %     52.61 %     53.47 %     55.40 %
    Efficiency ratio (tax-equivalent basis) (1)(2)     52.61       53.35       52.10       52.97       54.83  
                         
    Loan to deposit ratio     77.75 %     78.95 %     78.39 %        
                         
    Return on average assets *     1.53 %     1.54 %     1.45 %     1.53 %     1.34 %
    Return on average stockholders’ equity *     13.47       13.95       14.48       13.70       13.46  
    Return on average tangible common equity * (1)     15.55       16.20       17.21       15.87       16.03  
                         
    Adjusted return on average assets * (1)     1.58 %     1.55 %     1.45 %     1.56 %     1.45 %
    Adjusted return on average stockholders’ equity * (1)     13.87       14.08       14.54       13.97       14.63  
    Adjusted return on average tangible common equity * (1)     16.02       16.36       17.27       16.18       17.42  
                         
    CAPITAL                    
    Total capital to risk-weighted assets     17.74 %     16.85 %     16.01 %        
    Tier 1 capital to risk-weighted assets     15.60       14.77       13.98          
    Common equity tier 1 capital ratio     14.26       13.48       12.66          
    Tier 1 leverage ratio     11.86       11.64       10.83          
    Total stockholders’ equity to total assets     11.58       11.10       10.18          
    Tangible common equity to tangible assets (1)     10.21       9.73       8.74          
                         
    ASSET QUALITY                    
    Net charge-offs (recoveries) to average loans *     0.12 %     0.05 %     0.08 %     0.09 %     0.03 %
    Allowance for credit losses to loans, before allowance for credit losses     1.24       1.22       1.21          
    Nonperforming loans to loans, before allowance for credit losses     0.17       0.15       0.25          
    Nonperforming assets to total assets     0.13       0.11       0.17          
                                     

    ____________________________________

    (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.
    (2) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%. 

    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
    Consolidated Statements of Income
     
      Three Months Ended   Six Months Ended June 30,
    (dollars in thousands, except per share data) June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025       2024  
    INTEREST AND DIVIDEND INCOME                  
    Loans, including fees:                  
    Taxable $ 53,156     $ 53,369     $ 52,177     $ 106,525     $ 104,103  
    Federally tax exempt   1,215       1,168       1,097       2,383       2,191  
    Debt securities:                  
    Taxable   7,434       6,936       6,315       14,370       12,519  
    Federally tax exempt   457       469       521       926       1,118  
    Interest-bearing deposits in bank   1,544       1,065       2,570       2,609       4,522  
    Other interest and dividend income   113       131       144       244       332  
    Total interest and dividend income   63,919       63,138       62,824       127,057       124,785  
    INTEREST EXPENSE                  
    Deposits   12,835       12,939       14,133       25,774       27,726  
    Securities sold under agreements to repurchase   —       22       129       22       281  
    Borrowings   30       109       121       139       246  
    Subordinated notes   469       470       469       939       939  
    Junior subordinated debentures issued to capital trusts   927       890       944       1,817       1,877  
    Total interest expense   14,261       14,430       15,796       28,691       31,069  
    Net interest income   49,658       48,708       47,028       98,366       93,716  
    PROVISION FOR CREDIT LOSSES   526       576       1,176       1,102       1,703  
    Net interest income after provision for credit losses   49,132       48,132       45,852       97,264       92,013  
    NONINTEREST INCOME                  
    Card income   2,797       2,548       2,885       5,345       5,501  
    Wealth management fees   2,826       2,841       2,623       5,667       5,170  
    Service charges on deposit accounts   1,915       1,944       1,902       3,859       3,771  
    Mortgage servicing   1,042       990       1,111       2,032       2,166  
    Mortgage servicing rights fair value adjustment   (751 )     (308 )     (97 )     (1,059 )     (17 )
    Gains on sale of mortgage loans   459       252       443       711       741  
    Realized gains (losses) on sales of securities   —       —       —       —       (3,382 )
    Unrealized gains (losses) on equity securities   23       8       (96 )     31       (112 )
    Gains (losses) on foreclosed assets   14       13       (28 )     27       59  
    Gains (losses) on other assets   (128 )     54       —       (74 )     (635 )
    Income on bank owned life insurance   167       164       166       331       330  
    Other noninterest income   776       800       701       1,576       1,644  
    Total noninterest income   9,140       9,306       9,610       18,446       15,236  
    NONINTEREST EXPENSE                  
    Salaries   16,452       17,053       16,364       33,505       33,021  
    Employee benefits   3,580       3,285       2,860       6,865       5,665  
    Occupancy of bank premises   2,471       2,625       2,243       5,096       4,825  
    Furniture and equipment   575       445       548       1,020       1,098  
    Data processing   2,687       2,717       2,606       5,404       5,531  
    Marketing and customer relations   1,020       1,144       996       2,164       1,992  
    Amortization of intangible assets   694       695       710       1,389       1,420  
    FDIC insurance   551       562       565       1,113       1,125  
    Loan collection and servicing   360       383       475       743       927  
    Foreclosed assets   67       5       10       72       59  
    Other noninterest expense   3,457       3,021       3,132       6,478       6,114  
    Total noninterest expense   31,914       31,935       30,509       63,849       61,777  
    INCOME BEFORE INCOME TAX EXPENSE   26,358       25,503       24,953       51,861       45,472  
    INCOME TAX EXPENSE   7,128       6,428       6,883       13,556       12,144  
    NET INCOME $ 19,230     $ 19,075     $ 18,070     $ 38,305     $ 33,328  
                       
    EARNINGS PER SHARE – BASIC $ 0.61     $ 0.60     $ 0.57     $ 1.21     $ 1.05  
    EARNINGS PER SHARE – DILUTED $ 0.61     $ 0.60     $ 0.57     $ 1.21     $ 1.05  
    WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING   31,510,759       31,584,989       31,579,457       31,547,669       31,621,205  
                                           
    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
    Consolidated Balance Sheets
               
    (dollars in thousands) June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024
    ASSETS          
    Cash and due from banks $ 25,563     $ 25,005     $ 22,604  
    Interest-bearing deposits with banks   170,179       186,586       172,636  
    Cash and cash equivalents   195,742       211,591       195,240  
               
    Interest-bearing time deposits with banks   —       —       520  
    Debt securities available-for-sale, at fair value   773,206       706,135       669,055  
    Debt securities held-to-maturity   481,942       490,398       512,549  
    Equity securities with readily determinable fair value   3,346       3,323       3,228  
    Equity securities with no readily determinable fair value   2,609       2,629       2,613  
    Restricted stock, at cost   4,979       5,086       5,086  
    Loans held for sale   2,316       2,721       858  
               
    Loans, before allowance for credit losses   3,348,211       3,461,778       3,385,483  
    Allowance for credit losses   (41,659 )     (42,111 )     (40,806 )
    Loans, net of allowance for credit losses   3,306,552       3,419,667       3,344,677  
               
    Bank owned life insurance   24,320       24,153       24,235  
    Bank premises and equipment, net   68,523       67,272       65,711  
    Bank premises held for sale   140       190       317  
    Foreclosed assets   890       460       320  
    Goodwill   59,820       59,820       59,820  
    Intangible assets, net   16,454       17,148       19,262  
    Mortgage servicing rights, at fair value   17,768       18,519       18,984  
    Investments in unconsolidated subsidiaries   1,614       1,614       1,614  
    Accrued interest receivable   20,624       22,735       22,425  
    Other assets   37,553       38,731       59,685  
    Total assets $ 5,018,398     $ 5,092,192     $ 5,006,199  
               
    LIABILITIES AND STOCKHOLDERS’ EQUITY          
    Liabilities          
    Deposits:          
    Noninterest-bearing $ 1,034,387     $ 1,065,874     $ 1,045,697  
    Interest-bearing   3,272,144       3,318,716       3,272,996  
    Total deposits   4,306,531       4,384,590       4,318,693  
               
    Securities sold under agreements to repurchase   556       2,698       29,330  
    Federal Home Loan Bank advances   7,240       7,209       13,734  
    Subordinated notes   39,593       39,573       39,514  
    Junior subordinated debentures issued to capital trusts   52,879       52,864       52,819  
    Other liabilities   30,702       40,201       42,640  
    Total liabilities   4,437,501       4,527,135       4,496,730  
               
    Stockholders’ Equity          
    Common stock   329       329       328  
    Surplus   297,479       297,024       296,430  
    Retained earnings   341,750       329,169       290,386  
    Accumulated other comprehensive income (loss)   (32,739 )     (38,446 )     (54,656 )
    Treasury stock at cost   (25,922 )     (23,019 )     (23,019 )
    Total stockholders’ equity   580,897       565,057       509,469  
    Total liabilities and stockholders’ equity $ 5,018,398     $ 5,092,192     $ 5,006,199  
    SHARES OF COMMON STOCK OUTSTANDING   31,495,434       31,631,431       31,559,366  
                           
    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
               
    (dollars in thousands) June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024
               
    LOANS          
    Commercial and industrial $ 419,430   $ 441,261   $ 400,276
    Commercial real estate – owner occupied   317,475     321,990     289,992
    Commercial real estate – non-owner occupied   907,073     891,022     889,193
    Construction and land development   310,252     376,046     365,371
    Multi-family   453,812     424,096     429,951
    One-to-four family residential   451,197     455,376     484,335
    Agricultural and farmland   271,644     292,240     285,822
    Municipal, consumer, and other   217,328     259,747     240,543
    Total loans $ 3,348,211   $ 3,461,778   $ 3,385,483
                     
    (dollars in thousands) June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024
               
    DEPOSITS          
    Noninterest-bearing deposits $ 1,034,387   $ 1,065,874   $ 1,045,697
    Interest-bearing deposits:          
    Interest-bearing demand   1,097,086     1,143,677     1,094,797
    Money market   831,292     812,146     769,386
    Savings   568,971     575,558     582,752
    Time   774,795     787,335     796,069
    Brokered   —     —     29,992
    Total interest-bearing deposits   3,272,144     3,318,716     3,272,996
    Total deposits $ 4,306,531   $ 4,384,590   $ 4,318,693
                     
    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
       
      Three Months Ended
      June 30, 2025   March 31, 2025   June 30, 2024
    (dollars in thousands) Average Balance   Interest   Yield/Cost *   Average Balance   Interest   Yield/Cost *   Average Balance   Interest   Yield/Cost *
                                       
    ASSETS                                  
    Loans $ 3,417,582     $ 54,371   6.38 %   $ 3,460,906     $ 54,537   6.39 %   $ 3,374,058     $ 53,274   6.35 %
    Debt securities   1,217,386       7,891   2.60       1,204,424       7,405   2.49       1,187,795       6,836   2.31  
    Deposits with banks   160,726       1,544   3.85       120,014       1,065   3.60       211,117       2,570   4.90  
    Other   12,519       113   3.66       12,677       131   4.19       12,588       144   4.60  
    Total interest-earning assets   4,808,213     $ 63,919   5.33 %     4,798,021     $ 63,138   5.34 %     4,785,558     $ 62,824   5.28 %
    Allowance for credit losses   (42,118 )             (42,061 )             (40,814 )        
    Noninterest-earning assets   270,580               276,853               283,103          
    Total assets $ 5,036,675             $ 5,032,813             $ 5,027,847          
                                       
    LIABILITIES AND STOCKHOLDERS’ EQUITY                                  
    Liabilities                                  
    Interest-bearing deposits:                                  
    Interest-bearing demand $ 1,125,787     $ 1,569   0.56 %   $ 1,120,608     $ 1,453   0.53 %   $ 1,123,592     $ 1,429   0.51 %
    Money market   813,531       4,463   2.20       807,728       4,397   2.21       788,744       4,670   2.38  
    Savings   569,193       374   0.26       569,494       370   0.26       592,312       393   0.27  
    Time   780,536       6,429   3.30       784,099       6,719   3.48       763,507       7,117   3.75  
    Brokered   —       —   —       —       —   —       38,213       524   5.51  
    Total interest-bearing deposits   3,289,047       12,835   1.57       3,281,929       12,939   1.60       3,306,368       14,133   1.72  
    Securities sold under agreements to repurchase   1,420       —   0.05       8,754       22   1.02       30,440       129   1.70  
    Borrowings   7,225       30   1.70       12,890       109   3.41       13,466       121   3.60  
    Subordinated notes   39,582       469   4.76       39,563       470   4.82       39,504       469   4.78  
    Junior subordinated debentures issued to capital trusts   52,871       927   7.03       52,856       890   6.83       52,812       944   7.18  
    Total interest-bearing liabilities   3,390,145     $ 14,261   1.69 %     3,395,992     $ 14,430   1.72 %     3,442,590     $ 15,796   1.85 %
    Noninterest-bearing deposits   1,044,539               1,045,733               1,043,614          
    Noninterest-bearing liabilities   29,486               36,373               39,806          
    Total liabilities   4,464,170               4,478,098               4,526,010          
    Stockholders’ Equity   572,505               554,715               501,837          
    Total liabilities and stockholders’ equity $ 5,036,675             $ 5,032,813             $ 5,027,847          
                                       
    Net interest income/Net interest margin (1)     $ 49,658   4.14 %       $ 48,708   4.12 %       $ 47,028   3.95 %
    Tax-equivalent adjustment (2)       548   0.05           545   0.04           553   0.05  
    Net interest income (tax-equivalent basis)/
    Net interest margin (tax-equivalent basis) (2) (3)    		     $ 50,206   4.19 %       $ 49,253   4.16 %       $ 47,581   4.00 %
    Net interest rate spread (4)         3.64 %           3.62 %           3.43 %
    Net interest-earning assets (5) $ 1,418,068             $ 1,402,029             $ 1,342,968          
    Ratio of interest-earning assets to interest-bearing liabilities   1.42               1.41               1.39          
    Cost of total deposits         1.19 %           1.21 %           1.31 %
    Cost of funds         1.29             1.32             1.42  
                                             

    ____________________________________

    * Annualized measure.

    (1) Net interest margin represents net interest income divided by average total interest-earning assets.
    (2) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state income tax rate of 9.5%.
    (3) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.
    (4) Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities.
    (5) Net interest-earning assets represents total interest-earning assets less total interest-bearing liabilities. 

    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
     
      Six Months Ended
      June 30, 2025   June 30, 2024
    (dollars in thousands) Average Balance   Interest   Yield/Cost *   Average Balance   Interest   Yield/Cost *
                           
    ASSETS                      
    Loans $ 3,439,124     $ 108,908   6.39 %   $ 3,372,640     $ 106,294   6.34 %
    Debt securities   1,210,941       15,296   2.55       1,200,871       13,637   2.28  
    Deposits with banks   140,483       2,609   3.75       189,207       4,522   4.81  
    Other   12,597       244   3.93       12,787       332   5.22  
    Total interest-earning assets   4,803,145     $ 127,057   5.33 %     4,775,505     $ 124,785   5.25 %
    Allowance for credit losses   (42,089 )             (40,526 )        
    Noninterest-earning assets   273,193               280,676          
    Total assets $ 5,034,249             $ 5,015,655          
                           
    LIABILITIES AND STOCKHOLDERS’ EQUITY                      
    Liabilities                      
    Interest-bearing deposits:                      
    Interest-bearing demand $ 1,123,212     $ 3,022   0.54 %   $ 1,125,638     $ 2,740   0.49 %
    Money market   810,645       8,860   2.20       800,714       9,467   2.38  
    Savings   569,343       744   0.26       601,768       836   0.28  
    Time   782,307       13,148   3.39       714,003       13,042   3.67  
    Brokered   —       —   —       60,181       1,641   5.48  
    Total interest-bearing deposits   3,285,507       25,774   1.58       3,302,304       27,726   1.69  
    Securities sold under agreements to repurchase   5,067       22   0.89       31,448       281   1.80  
    Borrowings   10,042       139   2.79       13,235       246   3.73  
    Subordinated notes   39,573       939   4.79       39,494       939   4.78  
    Junior subordinated debentures issued to capital trusts   52,864       1,817   6.93       52,804       1,877   7.15  
    Total interest-bearing liabilities   3,393,053     $ 28,691   1.71 %     3,439,285     $ 31,069   1.82 %
    Noninterest-bearing deposits   1,045,133               1,040,007          
    Noninterest-bearing liabilities   32,404               38,457          
    Total liabilities   4,470,590               4,517,749          
    Stockholders’ Equity   563,659               497,906          
    Total liabilities and stockholders’ equity $ 5,034,249               5,015,655          
                           
    Net interest income/Net interest margin (1)     $ 98,366   4.13 %       $ 93,716   3.95 %
    Tax-equivalent adjustment (2)       1,093   0.05           1,128   0.04  
    Net interest income (tax-equivalent basis)/
    Net interest margin (tax-equivalent basis) (2) (3)    		     $ 99,459   4.18 %       $ 94,844   3.99 %
    Net interest rate spread (4)         3.62 %           3.43 %
    Net interest-earning assets (5) $ 1,410,092             $ 1,336,220          
    Ratio of interest-earning assets to interest-bearing liabilities   1.42               1.39          
    Cost of total deposits         1.20 %           1.28 %
    Cost of funds         1.30             1.39  

    ____________________________________
    (1) Net interest margin represents net interest income divided by average total interest-earning assets.
    (2) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state income tax rate of 9.5%.
    (3) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.
    (4) Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities.
    (5) Net interest-earning assets represents total interest-earning assets less total interest-bearing liabilities. 

    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
               
    (dollars in thousands) June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024
               
    NONPERFORMING ASSETS          
    Nonaccrual $ 5,615     $ 5,102     $ 8,425  
    Past due 90 days or more, still accruing   9       4       7  
    Total nonperforming loans   5,624       5,106       8,432  
    Foreclosed assets   890       460       320  
    Total nonperforming assets $ 6,514     $ 5,566     $ 8,752  
               
    Nonperforming loans that are wholly or partially guaranteed by the U.S. Government $ 1,878     $ 1,350     $ 2,132  
               
    Allowance for credit losses $ 41,659     $ 42,111     $ 40,806  
    Loans, before allowance for credit losses   3,348,211       3,461,778       3,385,483  
               
    CREDIT QUALITY RATIOS          
    Allowance for credit losses to loans, before allowance for credit losses   1.24 %     1.22 %     1.21 %
    Allowance for credit losses to nonaccrual loans   741.92       825.38       484.34  
    Allowance for credit losses to nonperforming loans   740.74       824.74       483.94  
    Nonaccrual loans to loans, before allowance for credit losses   0.17       0.15       0.25  
    Nonperforming loans to loans, before allowance for credit losses   0.17       0.15       0.25  
    Nonperforming assets to total assets   0.13       0.11       0.17  
    Nonperforming assets to loans, before allowance for credit losses, and foreclosed assets   0.19       0.16       0.26  
                           
      Three Months Ended   Six Months Ended June 30,
    (dollars in thousands) June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025       2024  
                       
    ALLOWANCE FOR CREDIT LOSSES                  
    Beginning balance $ 42,111     $ 42,044     $ 40,815     $ 42,044     $ 40,048  
    Provision for credit losses   595       496       677       1,091       1,237  
    Charge-offs   (1,252 )     (665 )     (870 )     (1,917 )     (1,097 )
    Recoveries   205       236       184       441       618  
    Ending balance $ 41,659     $ 42,111     $ 40,806     $ 41,659     $ 40,806  
                       
    Net charge-offs $ 1,047     $ 429     $ 686     $ 1,476     $ 479  
    Average loans   3,417,582       3,460,906       3,374,058       3,439,124       3,372,640  
                       
    Net charge-offs to average loans *   0.12 %     0.05 %     0.08 %     0.09 %     0.03 %
                                           

    ____________________________________

    * Annualized measure.

      Three Months Ended   Six Months Ended June 30,
    (dollars in thousands) June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025     2024
                       
    PROVISION FOR CREDIT LOSSES                  
    Loans $ 595     $ 496   $ 677   $ 1,091   $ 1,237
    Unfunded lending-related commitments   (69 )     80     499     11     466
    Total provision for credit losses $ 526     $ 576   $ 1,176   $ 1,102   $ 1,703
                                   
    Reconciliation of Non-GAAP Financial Measures –
    Adjusted Net Income and Adjusted Return on Average Assets
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025       2024  
                         
    Net income   $ 19,230     $ 19,075     $ 18,070     $ 38,305     $ 33,328  
    Less: adjustments                    
    Gains (losses) on closed branch premises     (50 )     59       —       9       (635 )
    Realized gains (losses) on sales of securities     —       —       —       —       (3,382 )
    Mortgage servicing rights fair value adjustment     (751 )     (308 )     (97 )     (1,059 )     (17 )
    Total adjustments     (801 )     (249 )     (97 )     (1,050 )     (4,034 )
    Tax effect of adjustments (1)     228       71       28       299       1,150  
    Total adjustments after tax effect     (573 )     (178 )     (69 )     (751 )     (2,884 )
    Adjusted net income   $ 19,803     $ 19,253     $ 18,139     $ 39,056     $ 36,212  
                         
    Average assets   $ 5,036,675     $ 5,032,813     $ 5,027,847     $ 5,034,249     $ 5,015,655  
                         
    Return on average assets *     1.53 %     1.54 %     1.45 %     1.53 %     1.34 %
    Adjusted return on average assets *     1.58       1.55       1.45       1.56       1.45  
                                             

    ____________________________________

    * Annualized measure.

    (1) Assumes a federal income tax rate of 21% and a state tax rate of 9.5%.

    Reconciliation of Non-GAAP Financial Measures –
    Adjusted Earnings Per Share — Basic and Diluted
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands, except per share amounts)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025     2024
                         
    Numerator:                    
    Net income   $ 19,230   $ 19,075   $ 18,070   $ 38,305   $ 33,328
                         
    Adjusted net income   $ 19,803   $ 19,253   $ 18,139   $ 39,056   $ 36,212
                         
    Denominator:                    
    Weighted average common shares outstanding     31,510,759     31,584,989     31,579,457     31,547,669     31,621,205
    Dilutive effect of outstanding restricted stock units     77,782     126,682     87,354     102,097     113,794
    Weighted average common shares outstanding, including all dilutive potential shares     31,588,541     31,711,671     31,666,811     31,649,766     31,734,999
                         
    Earnings per share – basic   $ 0.61   $ 0.60   $ 0.57   $ 1.21   $ 1.05
    Earnings per share – diluted   $ 0.61   $ 0.60   $ 0.57   $ 1.21   $ 1.05
                         
    Adjusted earnings per share – basic   $ 0.63   $ 0.61   $ 0.57   $ 1.24   $ 1.15
    Adjusted earnings per share – diluted   $ 0.63   $ 0.61   $ 0.57   $ 1.23   $ 1.14
                                   
    Reconciliation of Non-GAAP Financial Measures –
    Pre-Provision Net Revenue, Pre-Provision Net Revenue Less Net Charge-offs (Recoveries),
    Adjusted Pre-Provision Net Revenue, and Adjusted Pre-Provision Net Revenue Less Net Charge-offs (Recoveries)
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025       2024  
                         
    Net interest income   $ 49,658     $ 48,708     $ 47,028     $ 98,366     $ 93,716  
    Noninterest income     9,140       9,306       9,610       18,446       15,236  
    Noninterest expense     (31,914 )     (31,935 )     (30,509 )     (63,849 )     (61,777 )
    Pre-provision net revenue     26,884       26,079       26,129       52,963       47,175  
    Less: adjustments                    
    Gains (losses) on closed branch premises     (50 )     59       —       9       (635 )
    Realized gains (losses) on sales of securities     —       —       —       —       (3,382 )
    Mortgage servicing rights fair value adjustment     (751 )     (308 )     (97 )     (1,059 )     (17 )
    Total adjustments     (801 )     (249 )     (97 )     (1,050 )     (4,034 )
    Adjusted pre-provision net revenue   $ 27,685     $ 26,328     $ 26,226     $ 54,013     $ 51,209  
                         
    Pre-provision net revenue   $ 26,884     $ 26,079     $ 26,129     $ 52,963     $ 47,175  
    Less: net charge-offs     1,047       429       686       1,476       479  
    Pre-provision net revenue less net charge-offs   $ 25,837     $ 25,650     $ 25,443     $ 51,487     $ 46,696  
                         
    Adjusted pre-provision net revenue   $ 27,685     $ 26,328     $ 26,226     $ 54,013     $ 51,209  
    Less: net charge-offs     1,047       429       686       1,476       479  
    Adjusted pre-provision net revenue less net charge-offs   $ 26,638     $ 25,899     $ 25,540     $ 52,537     $ 50,730  
                                             
    Reconciliation of Non-GAAP Financial Measures –
    Net Interest Income (Tax-equivalent Basis) and Net Interest Margin (Tax-equivalent Basis)
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025       2024  
                         
    Net interest income (tax-equivalent basis)                    
    Net interest income   $ 49,658     $ 48,708     $ 47,028     $ 98,366     $ 93,716  
    Tax-equivalent adjustment (1)     548       545       553       1,093       1,128  
    Net interest income (tax-equivalent basis) (1)   $ 50,206     $ 49,253     $ 47,581     $ 99,459     $ 94,844  
                         
    Net interest margin (tax-equivalent basis)                    
    Net interest margin *     4.14 %     4.12 %     3.95 %     4.13 %     3.95 %
    Tax-equivalent adjustment * (1)     0.05       0.04       0.05       0.05       0.04  
    Net interest margin (tax-equivalent basis) * (1)     4.19 %     4.16 %     4.00 %     4.18 %     3.99 %
                         
    Average interest-earning assets   $ 4,808,213     $ 4,798,021     $ 4,785,558     $ 4,803,145     $ 4,775,505  
                                             

    ____________________________________

    * Annualized measure.

    (1) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%. 

    Reconciliation of Non-GAAP Financial Measures –
    Efficiency Ratio (Tax-equivalent Basis) and Adjusted Efficiency Ratio (Tax-equivalent Basis)
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025       2024  
                         
    Total noninterest expense   $ 31,914     $ 31,935     $ 30,509     $ 63,849     $ 61,777  
    Less: amortization of intangible assets     694       695       710       1,389       1,420  
    Noninterest expense excluding amortization of intangible assets   $ 31,220     $ 31,240     $ 29,799     $ 62,460     $ 60,357  
                         
    Net interest income   $ 49,658     $ 48,708     $ 47,028     $ 98,366     $ 93,716  
    Total noninterest income     9,140       9,306       9,610       18,446       15,236  
    Operating revenue     58,798       58,014       56,638       116,812       108,952  
    Tax-equivalent adjustment (1)     548       545       553       1,093       1,128  
    Operating revenue (tax-equivalent basis) (1)     59,346       58,559       57,191       117,905       110,080  
    Less: adjustments to noninterest income                    
    Gains (losses) on closed branch premises     (50 )     59       —       9       (635 )
    Realized gains (losses) on sales of securities     —       —       —       —       (3,382 )
    Mortgage servicing rights fair value adjustment     (751 )     (308 )     (97 )     (1,059 )     (17 )
    Total adjustments to noninterest income     (801 )     (249 )     (97 )     (1,050 )     (4,034 )
    Adjusted operating revenue (tax-equivalent basis) (1)   $ 60,147     $ 58,808     $ 57,288     $ 118,955     $ 114,114  
                         
    Efficiency ratio     53.10 %     53.85 %     52.61 %     53.47 %     55.40 %
    Efficiency ratio (tax-equivalent basis) (1)     52.61       53.35       52.10       52.97       54.83  
    Adjusted efficiency ratio (tax-equivalent basis) (1)     51.91       53.12       52.02       52.51       52.89  
                                             

    ____________________________________
    (1) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%.

    Reconciliation of Non-GAAP Financial Measures –
    Ratio of Tangible Common Equity to Tangible Assets and Tangible Book Value Per Share
    (dollars in thousands, except per share data)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024
                 
    Tangible Common Equity            
    Total stockholders’ equity   $ 580,897     $ 565,057     $ 509,469  
    Less: Goodwill     59,820       59,820       59,820  
    Less: Intangible assets, net     16,454       17,148       19,262  
    Tangible common equity   $ 504,623     $ 488,089     $ 430,387  
                 
    Tangible Assets            
    Total assets   $ 5,018,398     $ 5,092,192     $ 5,006,199  
    Less: Goodwill     59,820       59,820       59,820  
    Less: Intangible assets, net     16,454       17,148       19,262  
    Tangible assets   $ 4,942,124     $ 5,015,224     $ 4,927,117  
                 
    Total stockholders’ equity to total assets     11.58 %     11.10 %     10.18 %
    Tangible common equity to tangible assets     10.21       9.73       8.74  
                 
    Shares of common stock outstanding     31,495,434       31,631,431       31,559,366  
                 
    Book value per share   $ 18.44     $ 17.86     $ 16.14  
    Tangible book value per share     16.02       15.43       13.64  
                             
    Reconciliation of Non-GAAP Financial Measures –
    Return on Average Tangible Common Equity,
    Adjusted Return on Average Stockholders’ Equity and Adjusted Return on Average Tangible Common Equity
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025    		   March 31,
    2025    		   June 30,
    2024    		     2025       2024  
                         
    Average Tangible Common Equity                    
    Total stockholders’ equity   $ 572,505     $ 554,715     $ 501,837     $ 563,659     $ 497,906  
    Less: Goodwill     59,820       59,820       59,820       59,820       59,820  
    Less: Intangible assets, net     16,782       17,480       19,605       17,130       19,970  
    Average tangible common equity   $ 495,903     $ 477,415     $ 422,412     $ 486,709     $ 418,116  
                         
    Net income   $ 19,230     $ 19,075     $ 18,070     $ 38,305     $ 33,328  
    Adjusted net income     19,803       19,253       18,139       39,056       36,212  
                         
    Return on average stockholders’ equity *     13.47 %     13.95 %     14.48 %     13.70 %     13.46 %
    Return on average tangible common equity *     15.55       16.20       17.21       15.87       16.03  
                         
    Adjusted return on average stockholders’ equity *     13.87 %     14.08 %     14.54 %     13.97 %     14.63 %
    Adjusted return on average tangible common equity *     16.02       16.36       17.27       16.18       17.42  

    ____________________________________

    * Annualized measure.

    The MIL Network –

  • Bedouin civilians evacuate Syria’s Sweida as tense truce holds

    Source: Government of India

    Source: Government of India (4)

    Hundreds of Bedouin civilians were evacuated from Syria’s predominantly Druze city of Sweida on Monday as part of a U.S.-backed truce meant to end fighting that has killed hundreds of people, state media and witnesses said.

    With hundreds reported killed, the violence in the southern province of Sweida has posed a major test for interim President Ahmed al-Sharaa, drawing Israeli airstrikes last week and deepening fissures in a country fractured by 14 years of war.

    A ceasefire took hold on Sunday as interior ministry security forces deployed on Sweida’s outskirts. Interior Minister Anas Khattab said on Sunday the truce would allow for the release of hostages and detainees held by the warring sides.

    On Monday morning, ambulances, trucks and buses ferried hundreds of Bedouin civilians including women, children and wounded people out of Sweida to nearby displacement camps, Reuters footage showed.

    The initial batch included some 300 Bedouins, and a second group of about 550 civilians will be evacuated within the next 24 hours if the situation remains calm, said Shoaib Asfour, a member of the Syrian security forces overseeing the evacuation.

    The next phase would see the evacuation of Bedouin fighters detained by Druze militias and the transfer of bodies of Bedouins killed in the fighting, Asfour said.

    Syria’s state news agency said a total of 1,500 Bedouins would be evacuated from Sweida city.

    Citing Ahmed al-Dalati, head of Syria’s internal security forces in Sweida, state media said those forces would also facilitate the return to Sweida of others displaced from it.

    According to the United Nations, at least 93,000 people have been uprooted by the fighting – most of them within Sweida province but others to Daraa province to the west, or north to the countryside around the capital Damascus.

    The U.N. said on Sunday that humanitarian convoys with medical supplies had been waiting to enter Sweida for two days but were not granted access. It said only a convoy of the Syrian Arab Red Crescent had been allowed to enter.

    PRESSURES ON SYRIA’S MOSAIC

    The Druze are a small but influential minority in Syria, Israel and Lebanon who follow a religion that is an offshoot of a branch of Islam. Some ultra-conservative Sunni Muslims deem Druze beliefs to be heretical.

    Citing the goal of protecting the Druze and keeping southern Syria demilitarized, Israel attacked government forces last week in the south and struck the defence ministry in Damascus.

    Washington, which has expressed support for Damascus since Sharaa met U.S. President Donald Trump in May, said it did not approve of Israel’s strikes.

    U.S. envoy Tom Barrack said on Monday the Syrian government needed to be held accountable. “They also need to be given the responsibility that they’re there to do,” he said, speaking on a visit to Beirut.

    Israeli Defence Minister Israel Katz defended Israel’s attacks on government targets, saying they were “the only way to stop the massacre of Druze in Syria”.

    The fighting began a week ago with clashes between Bedouin and Druze fighters. Damascus sent troops to quell the fighting, but they were drawn into the violence and accused of widespread violations against the Druze.

    Residents of Sweida said friends and neighbours were shot at close range in their homes or in the streets by Syrian troops, identified by their fatigues and insignia.

    Luna Albassit, a Druze activist in the town of Shahba in Sweida province, said the situation after so much bloodshed remained tense despite the end to clashes late on Sunday.

    “People were killed in the streets, in their homes, they were humiliated and it was in the name of the state,” she said.

    Hamzah Mustafa, Syria’s information minister, told Reuters last week that the Damascus government strongly condemned all abuses and rejected sectarian violence in all its forms.

    Interim President al-Sharaa has promised to protect the rights of Druze and hold to account those who committed violations against “our Druze people”.

    He has blamed the violence on “outlaw groups”.

    After Israel bombed Syrian government forces in Sweida and hit the defence ministry in Damascus last week, Prime Minister Benjamin Netanyahu demanded the demilitarisation of southern Syrian territory near the border, stretching from the Israeli-occupied Golan Heights to the Druze Mountain, east of Sweida.

    He also said Israel would protect the Druze.

    (Reuters)

  • Israel sends tanks into Gaza’s Deir Al-Balah, raising concerns among hostages’ families

    Source: Government of India

    Source: Government of India (4)

    Israeli tanks pushed into southern and eastern areas of the Gazan city of Deir Al-Balah for the first time on Monday, an area where Israeli sources said the military believes some of the remaining hostages may be being held.

    Gaza medics said at least three Palestinians were killed and several were wounded in tank shelling that hit eight houses and three mosques in the area, and which came a day after the military ordered residents to leave, saying it planned to fight Hamas militants.

    The raid and bombardment pushed dozens of families who had remained to flee and head west towards the coastal area of Deir Al-Balah and nearby Khan Younis.

    In Khan Younis, earlier on Monday, an Israeli airstrike killed at least five people, including a man, his wife, and their two children, in a tent, medics said.

    There was no immediate Israeli comment on the Deir Al-Balah and Khan Younis incidents.

    Israel’s military said it had not entered the districts of Deir Al-Balah subject to the evacuation order during the current conflict and that it was continuing “to operate with great force to destroy the enemy’s capabilities and terrorist infrastructure in the area.”

    Israeli sources have said the reason the army has so far stayed out is that they suspect Hamas might be holding hostages there. At least 20 of the remaining 50 hostages in captivity in Gaza are believed to be still alive.

    Families of the hostages expressed their concern for their relatives and demanded an explanation from the army of how it would protect them.

    HUNGER CRISIS

    The military escalation comes as Gaza health officials warned of potential “mass deaths” in the coming days due to mounting hunger, which has killed at least 19 people since Saturday, according to the territory’s health ministry.

    Health officials said hospitals were running out of fuel, food aid, and medicine, risking a halt to vital operations.

    Health ministry spokesperson, Khalil Al-Deqran, said medical staff have been depending on one meal a day, and that hundreds of people flock to hospitals every day, suffering from fatigue and exhaustion because of hunger.

    At least 67 people were killed by Israeli fire on Sunday as they waited for UN aid trucks to enter Gaza.

    Israel’s military said its troops had fired warning shots towards a crowd of thousands of people in northern Gaza to remove what it said was “an immediate threat.”

    It said initial findings suggested reported casualty figures were inflated, and it “certainly does not intentionally target humanitarian aid trucks.”

    The new raid and escalating number of fatalities appeared to be complicating ceasefire talks between Hamas and Israel that are being mediated by Qatar and Egypt, with U.S. backing.

    A Hamas official told Reuters on Sunday that the militant group was angered over the mounting deaths and the hunger crisis in the enclave, and that this could badly affect ceasefire talks underway in Qatar.

    Israel and Hamas are engaged in indirect talks in Doha aimed at reaching a 60-day truce and hostage deal, although there has been no sign of breakthrough.

    UNRWA, the U.N. refugee agency dedicated to Palestinians, said in a post on X on Monday, it was receiving desperate messages from Gaza warning of starvation, including from its own staff as food prices have increased 40-fold.

    “Meanwhile, just outside Gaza, stockpiled in warehouses UNRWA has enough food for the entire population for over three months. Lift the siege and let aid in safely and at scale,” it said.

    Israel’s military said on Sunday that it “views the transfer of humanitarian aid into the Gaza Strip as a matter of utmost importance, and works to enable and facilitate its entry in coordination with the international community.”

    The war began when Hamas-led militants stormed into Israel on October 7, 2023, killing 1,200 people and taking 251 hostages back to Gaza, according to Israeli tallies.

    The Israeli military campaign against Hamas in Gaza has since killed more than 58,000 Palestinians, according to health officials, displaced almost the entire population and plunged the enclave into a humanitarian crisis.

    (Reuters)

  • Centre rolls out key strategies to ensure sustainability, competitiveness of coal sector

    Source: Government of India

    Source: Government of India (4)

    The central government has outlined a set of measures aimed at making the coal sector more sustainable and competitive, while aligning with global climate commitments. Despite the growing push towards renewables like solar and wind, coal continues to play a dominant role in India’s energy mix, meeting 55% of the country’s energy needs. With the world’s fifth-largest coal reserves, India is adopting a multi-pronged strategy to modernise the sector, enhance environmental compliance, and reduce dependence on imports.

    Greening and efficiency initiatives

    To reduce the ecological footprint of coal mining, Coal and Lignite PSUs have intensified reclamation and afforestation efforts around operational mines. Under various greening initiatives, plantations and bio-reclamation work are being carried out across mining sites.

    Coal PSUs are also adopting energy efficiency measures — such as replacing conventional lighting with LED systems, deploying energy-efficient appliances, using electric vehicles, and introducing energy-saving technologies like super fans and auto timers in street lighting.

    In a significant sustainability push, mine water is being treated and reused for purposes ranging from irrigation and community water supply to firefighting, underground sprinkling, and fish farming. Several MoUs have also been signed with state governments to expand treated mine water supply to local communities.

    Additionally, coal companies are making productive use of overburden (OB) — the soil and rock removed during mining. By extracting sand from OB for construction, PSUs have commissioned nine plants, including four OB processing and five OB to M-Sand plants. This move not only curbs river sand mining but also aids groundwater recharge and reduces environmental degradation.

    Shift towards cleaner technologies

    To reduce pollution and fuel consumption, coal PSUs have been upgrading transportation infrastructure under the First Mile Connectivity (FMC) projects. These projects focus on mechanized coal handling and transport systems, reducing reliance on diesel and cutting emissions.

    The sector is also deploying blast-free technologies such as Surface Miners, Continuous Miners, and Rippers to eliminate the need for drilling and blasting — significantly reducing dust and noise pollution.

    Meanwhile, coal companies are investing in clean energy alternatives, including renewable power projects and clean coal technologies like coal gasification and coal bed methane (CBM). Participation in the Green Credit Programme launched by the Ministry of Environment, Forest and Climate Change (MoEF&CC) further reflects the sector’s green commitment.

    Reducing coal iImports and boosting domestic production

    In a written reply to the Rajya Sabha, Union Coal and Mines Minister G. Kishan Reddy said coal imports have declined from 264.5 million tonnes (MT) in 2023–24 to 243.6 MT in 2024–25. This reduction comes in the backdrop of efforts to increase domestic coal output and reduce reliance on imports.

    Key measures include faster allocation of coal blocks, encouraging private participation, and streamlining approval processes. Public sector undertakings are also adopting digital solutions and advanced mining technologies to ramp up production.

    An Inter-Ministerial Committee (IMC) has been formed to promote coal import substitution. The IMC is working with import-based power plants to assess and address their coal needs using domestic supply channels. Some of these plants have already indicated their preferred suppliers from Coal India Limited’s (CIL) subsidiaries.

    Coal evacuation and transportation are being improved with the construction of new railway lines and expanded FMC projects, aimed at enhancing supply chain efficiency.

    With these integrated measures, the government aims to maintain coal’s competitiveness in India’s energy mix while advancing sustainability and reducing environmental impact.

  • MIL-OSI Asia-Pac: Facilitation for market to increase number of student hostels to consolidate Hong Kong’s status as education hub

    Source: Hong Kong Government special administrative region

    Facilitation for market to increase number of student hostels to consolidate Hong Kong’s status as education hub
         “Our policy objective is to create a clear and easy-to-follow operational framework that is in compliance and cost-efficient, while putting in sufficient measures to ensure that hostels under the Scheme fulfil the Government’s requirements”, a Government spokesman said.
     
         Specifically, operators may make use of the facilitation measures under the Scheme to apply for converting commercial buildings into eligible student hostels. In terms of planning procedures, the Town Planning Board has already expanded the definition of “Hotel” under the planning regime to cover eligible student hostels under the Scheme. As a result, since “Hotel” is an “always permitted use” in most commercial sites, no planning procedures would be required for converting those commercial buildings into student hostels. Under the buildings regime, converted student hostels under the Scheme will continue to be treated as non-domestic buildings for plot ratio and site coverage calculations, meaning that the existing gross floor area (GFA) of the commercial building can be retained. Moreover, facilities previously exempted from GFA calculations before conversion (e.g. car parking spaces and loading/unloading areas) can be retained and continue to be exempted from GFA calculation, so as to facilitate developers/operators to flexibly convert these facilities into facilities supporting hostel uses (e.g. gyms, study rooms, etc.) so that the hostel better suits the study and daily needs of the student tenants. In terms of land administration, most of the leases stated for non-industrial use allow student hostel use without the need for lease modification or payment of premiums. For the small number of cases where a lease modification is needed, the Lands Department will assess the amount of premium payment.

         The Scheme welcomes wholesale conversion of an entire commercial building into a student hostel, while permitting partial conversion if specific conditions are fulfilled.

         Industrial buildings and buildings in industrial zonings are not eligible under the Scheme. However, commercial buildings that have undergone wholesale conversions from industrial buildings located on non-industrial zonings would be eligible under the Scheme, provided that the relevant land administration procedures have been completed.
     
         Interested developers/operators need to submit applications to the EDB using a prescribed form, and fulfil eligibility criteria under the Scheme, including:
     
    (a) student hostels under the Scheme should be occupied by full-time local or non-local students of specified eligible institutions operating locally accredited post-secondary programmes at the sub-degree or degree levels. For operational flexibility, the Scheme allows occupation of at most 10 per cent of hostel places by persons who are affiliated with eligible institutions, such as wardens and visiting scholars, etc;
    (b) conversion works should be completed within 18 months (the EDB may consider granting an extension based on actual circumstances in consultation with relevant bureaux/departments);
    (c) hostel rooms must not be sold off individually; and
    (d) developers/operators must take all necessary and reasonable measures to ensure that the operation of the hostel complies with relevant statutory and administrative requirements, while also striving to maintain a safe and suitable living environment for students.
     
         ???When submitting applications, developers/operators must sign a statutory declaration that the eligibility criteria under the Scheme will be complied with. While the student hostel under the Scheme is in operation, a certified audit report is required to be submitted to the EDB annually, certifying that the eligibility criteria under the Scheme have been duly complied with during the reporting period. Proper records should also be maintained to demonstrate that the operator has continuously complied with the criteria. In case of non-compliance, the Government will take appropriate enforcement actions based on the aforementioned statutory declaration, land lease, and relevant ordinances.
     
         The Government has launched the dedicated website of the Scheme (www.studenthostel.gov.hkIssued at HKT 19:18

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Finding funding for the Bakerloo line extension

    Source: Mayor of London

    Transport for London (TfL) has proposed an extension of the Bakerloo line from Elephant and Castle, to Lewisham, including the potential for a further extension beyond Lewisham to Hayes and Beckenham Junction.

    The project is estimated to cost between £5.2 billion to £8.7 billion (at 2021 prices), with an additional £800 million to £1.9 billion required to extend the line further to Hayes.1

    The scheme would support over 53,000 new homes along the route, transform access to public transport in southeast London, significantly reducing journey times and increasing sustainable travel options. However, questions remain over how this project will be funded.

    Tomorrow, the London Assembly Budget and Performance Committee will hear from experts and TfL on the potential funding options for the Bakerloo line extension, and other new and future capital projects.

    Guests are:

    • Professor Tony Travers, Professor in Practice and Associate Dean, the London School of Economics
    • John Kavanagh, Programme Director, Infrastructure, Business LDN 
    • Chris Whitehouse, Technical Director, WSP 
    • Maurice Lange, Analyst, Centre for Cities 
    • Manish Gupta, Corporate Finance Director, TfL 
    • Lucinda Turner, Director of Spatial Planning, TfL

    The meeting will take place on Tuesday 22 July 2025 from 10am in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.

    Media and members of the public are invited to attend.

    The meeting can also be viewed LIVE or later via webcast or YouTube.

    Follow us @LondonAssembly.

    MIL OSI United Kingdom –

  • Israel Strikes Houthi Targets at Yemen’s Hodeidah Port Over Alleged Military Use

    Source: Government of India

    Source: Government of India (4)

    The Israeli military has confirmed that it struck targets at the port of Hodeidah in Yemen, claiming the facilities were being used by the Houthi movement for military purposes. Colonel Avichay Adraee, spokesperson for the Israel Defense Forces (IDF), said in a post on X that the operation targeted infrastructure belonging to what he described as the “terrorist Houthi regime.”

    According to Adraee, the strikes destroyed engineering equipment used to rebuild port facilities, fuel barrels, and naval components allegedly involved in military activity against Israel and shipping vessels in the surrounding maritime area. He asserted that the port has been previously used to transfer combat materials from Iran to the Houthis, which are then deployed in attacks on Israel and its allies.

    The IDF said it had been monitoring renewed Houthi activity at the port and launched the strike in response to attempts to reconstruct what it called terrorist infrastructure. It further accused the Houthi movement of using civilian infrastructure for military operations targeting international commercial shipping.

    The Israeli military stated it would continue to act against what it views as ongoing threats from the Houthis and reiterated its commitment to striking hostile targets regardless of their distance from Israeli territory.

    Reports also indicate that Israeli forces have launched a combined ground and air offensive on Deir al-Balah in central Gaza, marking the first ground operation in the city since the outbreak of the conflict with Hamas 21 months ago.

  • MIL-OSI USA: Stanford faculty member George Tidmarsh, M.D., Ph.D. named Director of Center for Drug Evaluation and Research

    Source: US Department of Health and Human Services – 3

    For Immediate Release:
    July 21, 2025

    The U.S. Food and Drug Administration today announced the appointment of George Francis Tidmarsh, M.D., Ph.D., as Director of the Center for Drug Evaluation and Research (CDER). In this role, Dr. Tidmarsh will lead the FDA’s efforts to ensure safe, effective, and high-quality drugs are available to the American people.
    “Dr. Tidmarsh is an accomplished physician-scientist and leader whose experience spans the full arc of drug development—from bench to bedside,” said FDA Commissioner Marty Makary, M.D., M.P.H. “His appointment to lead CDER brings exceptional scientific, regulatory, and operational expertise to the agency. I look forward to working with him to strengthen our drug review programs, foster innovation, and advance cross-agency initiatives that improve health outcomes for the American public.”
    Dr. Tidmarsh earned his M.D. and Ph.D. in cancer biology from Stanford University where he completed residency training in pediatrics. He went on to complete two subspecialty programs at Stanford, one in pediatric oncology and another in neonatology. He brings over 30 years of experience in biotechnology, clinical medicine, and regulatory science and has authored 143 scientific publications and patents.  
    Dr. Tidmarsh was also the founding co-director of Stanford’s Master of Translational Research and Applied Medicine (M-TRAM) program, which bridges academic research and clinical application by training students and researchers to translate scientific discoveries into real-world medical solutions. His commitment to education, mentorship, and translational research continues to shape the next generation of physician-scientists and innovators. 
    Dr. Tidmarsh has led the successful clinical development of seven FDA-approved drugs and served as founder and CEO of multiple biopharmaceutical companies focused on oncology and critical care medicine. His work spans the full translational pipeline—from discovery through regulatory approval—and he is widely recognized for his ability to bring forward innovative treatments that address serious unmet medical needs. He has also served on advisory boards across academia, government, and industry.

    Consumer:888-INFO-FDA

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    The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation’s food supply, cosmetics, dietary supplements, radiation-emitting electronic products, and for regulating tobacco products.

    Content current as of:
    07/21/2025

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  • MIL-OSI USA: Stanford faculty member George Tidmarsh, M.D., Ph.D. named Director of Center for Drug Evaluation and Research

    Source: US Department of Health and Human Services – 3

    For Immediate Release:
    July 21, 2025

    The U.S. Food and Drug Administration today announced the appointment of George Francis Tidmarsh, M.D., Ph.D., as Director of the Center for Drug Evaluation and Research (CDER). In this role, Dr. Tidmarsh will lead the FDA’s efforts to ensure safe, effective, and high-quality drugs are available to the American people.
    “Dr. Tidmarsh is an accomplished physician-scientist and leader whose experience spans the full arc of drug development—from bench to bedside,” said FDA Commissioner Marty Makary, M.D., M.P.H. “His appointment to lead CDER brings exceptional scientific, regulatory, and operational expertise to the agency. I look forward to working with him to strengthen our drug review programs, foster innovation, and advance cross-agency initiatives that improve health outcomes for the American public.”
    Dr. Tidmarsh earned his M.D. and Ph.D. in cancer biology from Stanford University where he completed residency training in pediatrics. He went on to complete two subspecialty programs at Stanford, one in pediatric oncology and another in neonatology. He brings over 30 years of experience in biotechnology, clinical medicine, and regulatory science and has authored 143 scientific publications and patents.  
    Dr. Tidmarsh was also the founding co-director of Stanford’s Master of Translational Research and Applied Medicine (M-TRAM) program, which bridges academic research and clinical application by training students and researchers to translate scientific discoveries into real-world medical solutions. His commitment to education, mentorship, and translational research continues to shape the next generation of physician-scientists and innovators. 
    Dr. Tidmarsh has led the successful clinical development of seven FDA-approved drugs and served as founder and CEO of multiple biopharmaceutical companies focused on oncology and critical care medicine. His work spans the full translational pipeline—from discovery through regulatory approval—and he is widely recognized for his ability to bring forward innovative treatments that address serious unmet medical needs. He has also served on advisory boards across academia, government, and industry.

    Consumer:888-INFO-FDA

    ###

    Boilerplate

    The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation’s food supply, cosmetics, dietary supplements, radiation-emitting electronic products, and for regulating tobacco products.

    Content current as of:
    07/21/2025

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  • MIL-OSI: Smartphone-driven crypto mining: BAY Miner to upgrade BTC and XRP cloud solutions in 2025

    Source: GlobeNewswire (MIL-OSI)

    Miami, Florida, July 21, 2025 (GLOBE NEWSWIRE) — As global investors increasingly prefer mobile digital asset management, crypto cloud mining platform BAY Miner officially announced its latest technology upgrade in 2025, focusing on optimizing the cloud mining experience of BTC and XRP through smartphones. This update marks that BAY Miner has further lowered the threshold for mining, allowing users to participate in the acquisition of daily cryptocurrency income without hardware equipment.

    So far, BAY Miner has attracted more than 10 million registered users, and its business covers more than 180 countries and regions. Data shows that mobile users account for 68%, most of whom prefer flexible cloud mining contracts for BTC and XRP. The platform supports dynamic scheduling of computing power for multiple currencies such as BTC, XRP, and ETH, and supports daily settlement and automatic revenue statistics.

    Cloud Mining is Reshaping Crypto Investing — Here’s What You Need to Know in 2025

    In this upgrade, BAY Miner focuses on mobile performance, simplified user operations, and improved data transparency. Platform users can now monitor cloud computing power in real time through iOS and Android devices and receive daily profit settlement. As BTC and XRP holders increasingly prefer passive mining and decentralized asset management, cloud mining is becoming a mainstream alternative. Compared with the traditional mining model, it is more environmentally friendly, more flexible, and quicker to get started.

    BAY Miner’s widespread appeal comes not only from its global availability but also from its core platform advantages, including:

    • No hardware required – Users can mine BTC and XRP without investing in mining rigs or technical setup.

    • Mobile-first access – Designed for smartphones and optimized for both iOS and Android devices.

    • Daily payouts – Earnings are automatically calculated and settled every 24 hours.

    • Multi-coin support – Includes BTC, XRP, ETH and more with flexible cloud mining contracts.

    • Green-powered infrastructure – Operates through sustainable energy data centers to reduce carbon impact.

    • Real-time monitoring – Users can track hashrate performance and income via a user-friendly app interface.

    Getting started with BAY Miner is simple. Just follow these steps to begin cloud mining:

    1.Create an account – Sign up at www.bayminer.com using your email address.

    2.Choose a contract – Select from a variety of cloud mining contracts for BTC, XRP, or other supported coins.

    3.Activate mining – Once a contract is selected, mining begins automatically in the cloud—no hardware needed.

    4.Track your earnings – Use the BAY Miner mobile app to monitor real-time income and hashrate performance.

    5.Withdraw or reinvest – Access daily payouts and choose to withdraw or reinvest earnings into new contracts.

    “We’re seeing a growing number of users looking to move away from the complexity and hardware demands of traditional mining,” said a BAY Miner product lead. “Our latest updates are designed to make BTC and XRP cloud mining as effortless as using a smartphone.”

    BAY Miner said it will continue to expand its smartphone cloud mining services globally, especially in high-frequency mobile Internet usage markets such as North America, Southeast Asia and Europe, to build broader digital asset mining accessibility.

    Empowering Everyday Investors Through Simplicity and Access

    BAY Miner has always been committed to breaking the barriers for users to participate in the crypto world. Through mobile-first design and device-free mining mode, the platform hopes to allow more ordinary users to easily obtain opportunities for digital asset growth – without technical costs or complicated operations.

    For the latest contract details and platform upgrade information, please visit the official website:https://bayminer.com

    Get started with BAY Miner on iOS or Android—track your earnings, manage your mining, and unlock passive income with zero hardware.

    Media contact 
    Name: Alicia Thorne
    Global media relation manager
    Email: info@bayminer.com
    Website: www.bayminer.com
    Available on iOS & Android

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

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  • MIL-OSI: Antalpha Platform Holding Company Announces Results of the Extraordinary General Meeting Held on July 21, 2025

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 21, 2025 (GLOBE NEWSWIRE) — Antalpha Platform Holdings Company (“Antalpha” or the “Company”) (Nasdaq: ANTA), a leading fintech platform serving the Bitcoin mining ecosystem, today announced the results of the Company’s extraordinary general meeting of shareholders (the “EGM”) held today.

    19,318,273 ordinary shares of the Company entitled to vote at the EGM were present at the EGM in person or by proxy. These shares represented approximately 81.6% of the Company’s total ordinary shares outstanding as of the record date on June 20, 2025.

    At the EGM, the shareholders of the Company approved the following proposals:

    1. by an ordinary resolution that the authorized share capital of the Company be increased from “US$50,000 divided into 50,000,000 Ordinary Shares of a par value of US$0.001 each” to “US$62,500 divided into 62,500,000 Ordinary Shares of a par value of US$0.001 each” by the creation of an additional 12,500,000 Ordinary Shares of a par value of US$0.001 each to rank pari passu in all respects with the existing shares (the “Authorized Share Capital Increase Proposal”).
    2. by a special resolution that (a) 59,375,000 authorized Ordinary Shares (including the 23,677,500 issued Ordinary Shares) of a par value of US$0.001 each in the capital of the Company be re-designated as Class A Ordinary Shares, and (b) 3,125,000 authorized but unissued Ordinary Shares of a par value of US$0.001 each in the capital of the Company be re-designated as Class B Ordinary Shares (the “Share Re-designation”), such that immediately following the Share Re-designation, the authorized share capital of the Company will be US$62,500 divided into 62,500,000 Ordinary Shares of a par value of US$0.001 each, comprising of (i) 59,375,000 Class A Ordinary Shares (including 23,677,500 issued Class A Ordinary Shares) of a par value of US$0.001 each, and (ii) 3,125,000 Class B Ordinary Shares of a par value of US$0.001 each (the “Share Re-designation Proposal”).
    3. by a special resolution that the Company’s Amended and Restated Memorandum of Association and Articles of Association be amended and restated by their deletion in their entirety and the substitution in their place of the Second Amended and Restated Memorandum of Association and Articles of Association in the form as attached to the EGM notice as Exhibit A (the “Amended M&AA”) for the purposes of varying the Company’s authorized share capital, so that the authorized share capital of the Company will be US$62,500 divided into 62,500,000 shares comprising of (i) 59,375,000 Class A Ordinary Shares of a par value of US$0.001 each (the “Class A Ordinary Shares”), and (ii) 3,125,000 Class B Ordinary Shares of a par value of US$0.001 each (the “Class B Ordinary Shares”), with the rights attaching to such shares as set out in the Amended M&AA, including that each Class A Ordinary Share is entitled to one vote, and is not convertible into Class B Ordinary Share under any circumstances, and each Class B Ordinary Share is entitled to twenty (20) votes, subject to certain conditions, and is convertible into one Class A Ordinary Share at any time by the holder thereof (the “Dual-class Share Structure Proposal”).
    4. by an ordinary resolution that the Chairperson of the board of directors and Chief Executive Officer of the Company be granted one or more awards under the Company’s 2024 Share Incentive Plan (as may be amended from time to time), in the form of options, restricted share units or other types, to acquire an aggregate of up to 1,500,000 Class B Ordinary Shares, of which the first 750,000 Class B Ordinary Shares shall vest only upon the Company achieving a market capitalization of at least US$1 billion, and the remaining 750,000 Class B Ordinary Shares shall vest only upon the Company achieving a market capitalization of at least US$2 billion, as an incentive for his continued service and to align his interests with those of the Company and its shareholders (the “CEO and Chairperson Grant Proposal”).
    5. by an ordinary resolution that the Company shall adopt the treasury management plan in the form as attached hereto as Exhibit B for the purposes of improving the treasury management of the Company, and the Company and its board of directors be authorized to take all actions as may be necessary for the purposes of carrying out such treasury management plan, including issuing ordinary shares or other securities to raise funds to acquire digital gold, or acquiring digital gold through its subsidiaries and/or investees, which may include publicly listed companies, from time to time for purposes of carrying out such treasury management plan (the “Treasury Management Plan Proposal”).

    Each of the above proposals was duly passed. The voting results were as follows:

      VOTES FOR   VOTES AGAINST   VOTES ABSTAINED
    Authorized Share Capital Increase Proposal 19,299,949   17,324   1,000
    Share Re-designation Proposal 19,279,022   38,051   1,200
    Dual-class Share Structure Proposal 19,279,022   38,051   1,200
    CEO and Chairperson Grant Proposal 19,296,106   22,041   126
    Treasury Management Plan Proposal 19,290,443   26,830   1,000
               

    About Antalpha

    Antalpha is a leading fintech company specializing in providing financing, technology, and risk management solutions to institutions in the digital asset industry. Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital assets loans, as well as monitor collateral positions with near real-time data.

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Antalpha’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Antalpha’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Antalpha does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    Contacts

    Investor Relations: ir@antalpha.com

    The MIL Network –

  • MIL-OSI Africa: Africa Finance Corporation Secures Inaugural AED 937.5 Million Sustainability-Linked Loan Backed by United Arab Emirates (UAE) Banks

    Source: APO

    Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has secured an inaugural Sustainability-Linked Term Loan Facility, marking a significant milestone in the Corporation’s innovative funding strategy and deepening its financial ties with the UAE.

    The AED 937.50 million (US$255 million) facility reflects AFC’s commitment to use financial innovation tools to optimise funding for transformative infrastructure. Along with further expanding AFC’s geographical funding base, the transaction aligns future borrowing costs with measurable environmental outcomes through predefined Sustainability Performance Targets (SPTs). The structure allows AFC to benefit from reduced loan costs upon achieving key sustainability targets, signaling to investors and stakeholders the importance of environmental responsibility to its infrastructure investment mandate.

    The loan facility was anchored by a syndicate of prominent UAE-based financial institutions. Abu Dhabi Commercial Bank PJSC, Emirates NBD Capital Limited, First Abu Dhabi Bank PJSC, Mashreqbank PSC, and the National Bank of Ras Al Khaimah (P.S.C.) acted as Initial Mandated Lead Arrangers and Bookrunners (IMLABs). Mashreqbank PSC additionally served as Global Coordinator and Documentation Agent, while First Abu Dhabi Bank PJSC acted as Sustainability Coordinator and Emirates NBD Bank (P.J.S.C.) acted as the Facility Agent.

    “This facility represents a key milestone in AFC’s journey,” said Banji Fehintola, Executive Board Member & Head, Financial Services, AFC. “By tapping the UAE Dirham market and embedding sustainability performance into our funding terms, we are not only diversifying our funding sources but also aligning our financing strategy with our mission to catalyse infrastructure-driven economic growth and industrial development across Africa. This transaction is a testament to the strength of our partnerships in the UAE and our continued commitment to sustainable infrastructure development across Africa.”

    This facility builds on AFC’s strong momentum in diversified and sustainable capital raising. Following a record US$1.16 billion syndicated loan in 2024, AFC debuted a US$500 million hybrid capital issuance and a US$400 million Murabaha facility in 2025. The Corporation also expanded its climate finance instruments – having issued a CHF150 million Green Bond in 2020, and in 2024, pioneering Green Shares with a US$30 million equity investment from the African Development Bank. These efforts complement AFC’s strategic stake in Lekela Power, through Infinity, forming Africa’s largest renewable energy platform with over 1 GW of clean power capacity, reaching 1.2 million homes and avoiding 7.9 million tonnes of CO₂ emissions annually.

    Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

    Media Enquiries:
    Yewande Thorpe
    Communications
    Africa Finance Corporation
    Mobile: +234 1 279 9654
    Email: yewande.thorpe@africafc.org

    About AFC:
    AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.

    Eighteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception.

    www.AfricaFC.org

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    MIL OSI Africa –