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  • MIL-OSI United Nations: Secretary-General’s message on the International Day of United Nations Peacekeepers [scroll down for French version]

    Source: United Nations secretary general

    Download the video:
    https://s3.us-east-1.amazonaws.com/downloads2.unmultimedia.org/public/video/evergreen/MSG+SG+/SG+29+Apr+25/3365762_MSG+SG+UN+PEACEKEEPERS+29+APR+25.mp4

    With unwavering courage, United Nations peacekeepers step into danger – to help protect those who need protection, preserve peace, and restore hope in some of the world’s most challenging contexts.

    Today, we honour their service.

    We draw inspiration from their resilience, dedication and courage. 

    And we remember all the brave women and men who made the ultimate sacrifice for peace.

    More than 4,400 peacekeepers have died in service – 57 last year alone.

    We will never forget them – and we will carry their work forward.

    The focus of this year’s International Day of Peacekeepers is on “the future of peacekeeping”.

    Today, peacekeepers face increasingly complex situations in an increasingly complex world:

    Growing polarization and division around the globe …

    Operations made even more dangerous from a multiplicity of threats such as terrorism…

    Targeting of peacekeepers through deadly misinformation…

    And challenges that transcend borders – from the climate crisis to transnational crime. 

    As we look ahead, it is essential that peacekeepers have what they need to do their jobs.

    This is the shared responsibility of the United Nations and Member States.

    The Pact for the Future – adopted last year at the United Nations – includes a commitment to adapt peacekeeping to our changing world.

    This challenge is also an opportunity:

    To analyse what makes peacekeeping operations successful…

    To better understand what hinders them…

    And to help design new future-focused models that are anchored in political solutions, adequately resourced, and have mandates that are achievable, with clear exit strategies.   

    The first step – reviewing our peace operations – is underway.

    And together, we will keep pushing this vital effort forward.

    Now more than ever, the world needs the United Nations — and the United Nations needs peacekeeping that is fully equipped for today’s realities and tomorrow’s challenges. 

    ***

    C’est avec un courage inébranlable que les soldates et soldats de la paix des Nations Unies bravent le danger pour aider à protéger celles et ceux qui en ont besoin, préserver la paix et restaurer l’espoir, dans des contextes parmi les plus difficiles au monde.

    Aujourd’hui, nous rendons hommage à leur travail.

    Leur résilience, leur dévouement et leur courage nous inspirent.

    Et nous nous souvenons de ces femmes et de ces hommes courageux qui ont consenti le sacrifice ultime au service de la paix.

    Plus de 4 400 Casques bleus sont morts en service, dont 57 rien que l’année dernière.

    Nous ne les oublierons jamais et nous poursuivrons leur œuvre.

    Cette année, la Journée internationale des Casques bleus des Nations Unies a pour thème « l’avenir du maintien de la paix ».

    Les soldates et soldats de la paix font face à des situations de plus en plus complexes, dans un monde de plus en plus complexe :

    Une polarisation et des divisions de plus en plus marquées partout dans le monde…

    Des opérations rendues plus dangereuses encore par la multiplicité des menaces, dont le terrorisme…

    Une mésinformation qui peut avoir des effets meurtriers pour les Casques bleus…

    Et des défis qui dépassent les frontières – de la crise climatique à la criminalité transnationale.

    Pour l’avenir, il est essentiel de s’assurer que les Casques bleus disposent des moyens nécessaires pour s’acquitter de leur mission.

    Il s’agit là d’une responsabilité partagée de l’Organisation des Nations Unies et de tous les États Membres.

    Dans le Pacte pour l’avenir, adopté l’an dernier au Siège de l’ONU, les États Membres se sont engagés à adapter le maintien de la paix à un monde en mutation.

    Ce défi est également l’occasion :

    D’analyser ce qui fait le succès des opérations de maintien de la paix…

    De mieux comprendre ce qui leur fait obstacle…

    Et d’aider à concevoir de nouveaux modèles tournés vers l’avenir, fondés sur des solutions politiques, dotés de ressources suffisantes et associés à des mandats réalisables et à des stratégies de sortie claires.

    La première étape, à savoir le réexamen de nos opérations de paix, est en cours.

    Ensemble, nous poursuivrons cette action indispensable.

    Aujourd’hui plus que jamais, le monde a besoin de l’ONU – et l’Organisation a besoin d’un maintien de la paix pourvu de tous les moyens nécessaires pour s’adapter aux réalités d’aujourd’hui et relever les défis de demain.

    ***
     

    MIL OSI United Nations News –

  • MIL-OSI: UAB “Atsinaujinančios energetikos investicijos” Starts Exchange And Cash Tender Offer For Notes ISIN LT0000405938

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE IN THIS STOCK EXCHANGE RELEASE BELOW.

    • Under the Exchange offer, the Noteholders of Notes ISIN LT0000405938 (EUR 2021/2025 Notes) may exchange the EUR 2021/2025 Notes to new senior unsecured Notes ISIN LT0000134439 (EUR 2025/2027 Notes) to be issued at an exchange ratio of 1 to 1. These EUR 2025/2027 Notes will carry an annual interest rate of 8.0% and be issued under Final Terms and Base Prospectus approved on 27 May 2025.
    • Investors participating in the Exchange offer will receive unpaid accrued interest in cash from 14 December 2024 until 13 June 2025 (including) to be paid on 16 June 2025.
    • Under Cash Tender offer the Noteholders of EUR 2021/2025 Notes may receive a cash payment of 99 per cent of Denomination per each EUR 2021/2025 Note tendered on 13 June 2025, plus unpaid accrued interest in cash from 14 December 2024 until 13 June 2025 (including) to be paid on 16 June 2025.
    • The Exchange offer period for Noteholders of EUR 2021/2025 Notes will run from 28 May 2025 to 11 June 2025, 2:30 pm CEST/3:30 pm Vilnius time.
    • Cash Tender offer period for Noteholders of EUR 2021/2025 Notes will run from 28 May 2025 to 12 June 2025, 2:30 pm CEST/3:30 pm Vilnius time.

    Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos” has launched its public offering of EUR 2025/2027 Notes and an offer to exchange its EUR 2021/2025 Notes for new EUR 2025/2027 Notes, or alternatively, to tender the EUR 2021/2025 Notes (Denomination of EUR 100,000 and integral multiples of EUR 1,000) for a cash payment of EUR 99.00 per Denomination. The objective is to refinance the EUR 2021/2025 Notes and issue new EUR 2025/2027 Notes in an amount up to EUR 65 million.
    Manager of Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos”: “With the exchange offer, we are offering existing EUR 2021/2025 Notes investors a possibility to conveniently switch their investment maturing on December 2025 to the newly issued debt securities. As to the cash offer, since after the sale of Polish PV portfolio at the end of 2024 the company has collected excess cash proceeds, it was decided to provide an additional liquidity opportunity for existing investors to tender their notes to the Issuer. The company has allocated up to EUR 10 million for the tender offer which can be increased up to EUR 30 million subject to demand of new EUR 2025/2027 Notes.”
    Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos” has appointed FMĮ UAB Orion Securities to act as the Lead Manager to UAB “Atsinaujinančios energetikos investicijos” in Exchange and Cash Tender offer for EUR 2021/2025 Notes.

    EXCHANGE AND CASH OFFER
    Noteholders of the EUR 2021/2025 Notes (ISIN LT0000405938) are invited to:

    • Exchange their existing EUR 2021/2025 Notes (ISIN LT0000405938) at a 1:1 ratio for new senior unsecured EUR 2025/2027 Notes (ISIN LT0000134439) with a denomination of EUR 100,000 and integral multiples of EUR 1,000, carrying an annual interest rate of 8.0% to be issued under Final Terms and Base Prospectus approved on 27 May 2025.
    • In case there is an oversubscription of EUR 2025/2027 Notes the investors shall be satisfied and the number of EUR 2025/2027 Notes to be allocated to each investor shall be determined upon the discretion of the Issuer.

    Alternatively, the Noteholders of the EUR 2021/2025 Notes (ISIN LT0000405938) may:

    • Tender their existing EUR 2021/2025 Notes (ISIN LT0000405938) for cash payment of 99 per cent of Denomination per each EUR 2021/2025 Note tendered to be paid on 13 June 2025, plus accrued and unpaid interest from 14 December 2024 until 13 June 2025 (including) to be paid on 16 June 2025.
    • Cash offer is of minimum EUR 10 million; cash offer maximum amount of EUR 30 million is subject to demand of new EUR 2025/2027 Notes.

    The existing EUR 2021/2025 Notes not exchanged or tendered will remain outstanding and be redeemed at maturity.

    INFORMATION ON OFFERING PROCESS
    All noteholders will be notified of the offer through their depository banks. Upon instructing their custodian to participate—either by exchanging notes or tendering for cash—the respective EUR 2021/2025 Notes will be restricted from trading. Notes not instructed for participation will remain freely tradable.
    Exchange Offer Period: 28 May 2025 – 11 June 2025, closing at 2:30 pm CEST / 3:30 pm Vilnius time.
    Results Announcement: On or around 13 June 2025.

    NEW EUR 2025/2027 NOTES

    Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos” intends to issue new EUR 2025/2027 Notes in an amount of EUR 65 million with the following features:

    • Interest rate of 8.0% per annum.
    • Maturity of 2,5 years.
    • Terms and conditions: Final Terms and Base Prospectus. Documents are available at: https://lordslb.lt/AEI_green_bonds_2025/.
    • Listing on Nasdaq Vilnius Stock Exchange (Regulated Market).
    • Distribution period: from 28 May 2025 to 11 June 2025, 2:30 pm CEST/3:30 pm Vilnius time.

    INVESTOR PRESENTATIONS
    Manager of Closed – End Investment Company Intended for Informed Investors UAB “Atsinaujinančios energetikos investicijos” Mantas Auruškevičius will present the offer via webcast/conference call:

    • English-language session: 4 June 2025 at 13:00 CEST / 14:00 Vilnius time. Please register in advance to attend:

    https://us06web.zoom.us/webinar/register/WN_d32cZE8xSqyFs8tcMpwLqA#/registration

    • Lithuanian-language session: 5 June 2025 at 9:00 CEST / 10:00 Vilnius time. Please register in advance to attend:

    https://us06web.zoom.us/webinar/register/WN_wxUoUAWzQ9244uO9HlNX-g#/registration

    CONTACT INFORMATION

    For questions about the Exchange offer, please contact Orion Securities via email: corporateaction@orion.lt, phone: +37068758168.
    Further details and required documents are available at: https://lordslb.lt/AEI_green_bonds_2025/

    IMPORTANT INFORMATION
    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States of America, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or any other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Persons into whose possession this announcement may come are required to inform themselves of and observe all such restrictions.
    This announcement does not constitute an offer of securities for sale in the United States of America. The notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States of America and may not be offered or sold, directly or indirectly, within the United States of America or to, or for the account or benefit of, U.S. persons (as defined under Regulation S under the Securities Act) except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
    This announcement does not constitute an offer of notes to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the notes. Accordingly, this announcement is not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of this announcement as a financial promotion may only be distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as “Relevant Persons”). Any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this announcement or any of its contents.

    Mantas Auruškevičius
    Manager of Closed – End Investment Company Intended for Informed Investors
    UAB “Atsinaujinančios energetikos investicijos”
    mantas.auruskevicius@lordslb.lt

    The MIL Network –

  • MIL-OSI United Nations: Headquarters to Observe International Day of United Nations Peacekeepers

    Source: United Nations – Peacekeeping

    NEW YORK, 27 May — The United Nations Headquarters will observe the International Day of United Nations Peacekeepers on Thursday, 29 May.

    In 1948, the historic decision was made to deploy military observers to the Middle East to supervise the implementation of Israel-Arab Armistice Agreements, in what became the United Nations Truce Supervision Organization.

    Since that time, more than 2 million peacekeepers have served in 71 operations around the world.  Today, some 68,000 women and men serve as military, police and civilian personnel in 11 conflict zones across Africa, Asia, Europe, and the Middle East.  119 countries currently contribute uniformed personnel.

    During ceremonies at United Nations Headquarters, Secretary-General António Guterres will lay a wreath to honour the more than 4,400 UN peacekeepers who have lost their lives since 1948.  He will also preside over a ceremony in the Trusteeship Council Chamber, at which Dag Hammarskjöld Medals will be awarded posthumously to 57 military, police, and civilian peacekeepers who lost their lives serving under the UN flag last year.

    The Secretary-General will also present awards to the 2024 Military Gender Advocate of the Year, Squadron Leader Sharon Mwinsote Syme from Ghana, and the UN Woman Police Officer of the Year award to Superintendent Zainab Gbla of Sierra Leone.  Both of them serve with the United Nations Interim Security Force in Abyei (UNISFA).

    This year’s theme for the Day is “the Future of Peacekeeping”.  The theme emphasizes that the Pact for the Future — adopted last year at the United Nations — includes a commitment to adapt peacekeeping to our changing world, as expressed by Member States’ pledges presented to fill capability gaps and help adapt UN peacekeeping to emerging challenges and new realities at the recent Peacekeeping Ministerial in Berlin.

    In his message, United Nations Secretary-General António Guterres said:  “Today, peacekeepers face increasingly complex situations in an increasingly complex world…  Now more than ever, the world needs the United Nations — and the United Nations needs peacekeeping that is fully equipped for today’s realities and tomorrow’s challenges.”

    “Today, we honour their service,” Mr. Guterres stated. “We draw inspiration from their resilience, dedication and courage.  And we remember all the brave women and men who made the ultimate sacrifice for peace.  We will never forget them — and we will carry their work forward.”

    “Our personnel are our most important capability.  The sacrifices made by our peacekeepers call for more than remembrance; they demand action,” said Jean-Pierre Lacroix, Under-Secretary-General for Peace Operations.  “Throughout its history, peacekeeping has always adapted to ever-changing contexts to achieve results.  The future of peacekeeping hinges on our collective commitment to continue to adapt and invest—so we can continue delivering hope and protection where it’s needed most,” he added.

    The International Day of UN Peacekeepers was established by the UN General Assembly in 2002, to pay tribute to all men and women serving in peacekeeping, and to honour the memory of those who have lost their lives in the cause of peace.

    For media inquiries and further information, please contact:  Department of Global Communications:  Douglas Coffman, at email:  coffmand@un.org; Department of Peace Operations:  Sophie Boudre, at email:  boudre@un.org, or Hector Calderon, at email:  hector.calderon@un.org.

    MIL OSI United Nations News –

  • MIL-OSI Canada: Highway 1 bus lane construction begins between McKenzie, Colwood interchanges

    Major construction is underway on the Highway 1 bus-on-shoulder project, which will improve transit for people travelling between downtown Victoria and the Westshore.

    The new bus lanes will stretch from the McKenzie Interchange to the Colwood Interchange on Highway 1, making the bus a faster, more reliable and convenient option for commuters on southern Vancouver Island.

    Drivers should expect daytime lane shifts on Highway 1 during construction and are reminded to follow posted speed limits. The Burnside Road on-ramp and the Helmcken overpass will close overnight between 8 p.m. and 5:30 a.m. as needed. The Galloping Goose Trail may have short-term closures of as long as 15 minutes between 8 p.m. and 11 p.m. Highway closures will be updated on DriveBC. Trail closures will be marked with signs on site and posted on the project website.

    The Highway 1 bus-on-shoulder project will reduce congestion by prioritizing rapid transit, and is a key part of the South Island Transportation Strategy to create a dedicated rapid transit corridor between downtown Victoria and the Westshore as part of BC Transit’s RapidBus program.

    The project also includes a new pedestrian and cyclist bridge on the Galloping Goose Trail at Craigflower Creek to enhance active transportation in the area. Additional improvements include ecological restoration, upgraded bus stops at the Helmcken Interchange, realignments to Portage Road, widened ramps and new roadside barriers.

    This work complements the Colquitz Bridges Widening project, which is well underway and supports BC Transit’s upgrades in the Six Mile area of View Royal, improving connections between communities and creating a continuous, rapid-transit corridor. The project is expected to be completed in late fall 2027 and will provide a continuous system of transit-only lanes between downtown Victoria and the Colwood transit exchange.

    The bus-on-shoulder project is jointly funded, with the Province contributing $67 million and the federal government investing $28 million through the Public Transit Infrastructure Stream of the Investing in Canada Infrastructure Program.

    Learn More:

    To learn more about the Highway 1 bus-on-shoulder project, visit: https://gov.bc.ca/hwy1busonshoulder

    MIL OSI Canada News –

  • MIL-OSI USA: Carbajal Hosts Infrastructure Roundtable Discussion in Ventura

    Source: United States House of Representatives – Representative Salud Carbajal (CA-24)

    On May 23, Representative Salud Carbajal (D-CA-24) hosted an infrastructure roundtable discussion in Ventura. The discussion focused on Ventura’s priorities for highway, transit, and rail infrastructure as Congress prepares to update the Surface Transportation bill. As a senior member of the House Committee on Transportation and Infrastructure, the Congressman is working to ensure the Central Coast receives its fair share of federal infrastructure funding. Download photos here.

    “One of the best investments we can make in Ventura County’s future is upgrading our physical infrastructure,” said Rep. Carbajal, a senior member of the House Committee on Transportation and Infrastructure. “As Congress prepares to update the Surface Transportation bill, I met with local leaders to hear what Ventura needs from the federal government to advance its critical infrastructure projects.”

    Carbajal was joined by Ojai City Councilwoman, Ojai Mayor Pro-Tem, Vice Chair of the Board for Gold Coast Transit District, and Commissioner for Ventura County Transportation Commission (VCTC) Rachel Lang, VCTC Executive Director Martin Erickson, Ventura County Transportation Commissioner Jim White, Director of Ventura County Public Works Agency Gregg R. Strakaluse, and City Engineer for City of Ventura Peter Sheydayi.

    The regular reauthorization of our nation’s surface transportation programs is vital to national and economic security. Multi-year reauthorizations provide states with the long-term certainty they need to plan and execute many important surface transportation infrastructure projects. 

    The most recent surface transportation reauthorization was included in the much broader Infrastructure Investments and Jobs Act (IIJA); it expires on September 30, 2026.

    One of the Transportation and Infrastructure Committee’s main priorities for the 119th Congress is passing the next bipartisan, multi-year surface transportation reauthorization before the current law expires.

    In January 2025, the Committee began holding hearings to examine different aspects of our highway, transit, and rail transportation programs and ensure that Committee Members gather information in preparation for the development of this legislation.

    MIL OSI USA News –

  • MIL-OSI USA: Malliotakis Celebrates SALT Relief in House Tax Package

    Source: United States House of Representatives – Congresswoman Nicole Malliotakis (NY-11)

    “I’m proud to be delivering long-overdue tax relief to working Americans, middle-class families and senior citizens,” said Rep. Nicole Malliotakis. “As our Mayor and Governor continue to tax us to death year after year, our community is in desperate need of SALT relief. This package also includes key provisions like expanding the Child Tax Credit, funding to secure our borders, upgrading our nation’s air traffic control systems, and jumpstarting domestic energy production to help lower energy costs. Together, these measures will provide the critical relief New Yorkers need and deserve.”

     

    “If you look across Staten Island and Southwest Brooklyn, that’s what you have homeowners living in one, two, and three family homes. We want to make sure that as the cost of living continues to rise that we are able to help homeowners keep a bit more money in their pockets, and that is what this SALT deduction restoration is going to be doing. It is going to allow folks to better afford the homes they already have and maybe for some of our aspiring homeowners who are looking to put down that down payment, get a mortgage, it is going to be a little easier knowing that property tax bill is going to be deducted on their federal income taxes,” said Councilman David Carr.

     

    “Congresswoman Nicole Malliotakis is a tireless, principled, passionate voice for the people of Staten Island and Brooklyn. She doesn’t just talk about helping the middle class — she actually does it. This bill builds on the 2017 Trump tax cuts, and it goes even further — cutting taxes, cutting red tape, and cutting through the nonsense that’s been hammering families like mine for years,” said Councilman Frank Morano.

     

    “Rep. Nicole Malliotakis has consistently fought to ease the financial burden on hard-working families in New York, one of the most heavily taxed states in the nation. Recognizing how unfair the 2017 cap on the State and Local Tax (SALT) deduction was to middle-class homeowners, especially in high-tax states like New York, she led the charge in advocating for its restoration and reform. By working to lift the SALT cap, Rep. Malliotakis helped deliver real tax relief to families who were being penalized simply for living and working in their home state. Her efforts not only put more money back into the pockets of New Yorkers but also helped make the region more affordable and economically competitive — a critical step toward preventing the outmigration of residents and businesses,” said Assemblyman Michael Tannousis.

     

    “Raising the SALT cap is a huge win that delivers BIG savings for Staten Island families and seniors. But this is not the end of the road for us here in New York: Albany Democrats are likely already finding ways to snatch those savings right back with more taxes, fees, and reckless policies. That’s what they do best: take, spend, and then cry broke. I will be there to fight them – for you – every step of the way. I am incredibly grateful to have an unrelenting partner in Congresswoman Malliotakis who will go to bat and deliver for Staten Islanders at all costs,” said Assemblyman Sam Pirozzolo.

     

    “The Congresswoman’s successful push to quadruple the SALT deduction to $40,000 is a big win for our community. It eases the financial strain on middle-class homeowners caused by New York’s high property taxes. We appreciate her commitment to our economic well-being,” said the Port Richmond North Shore Alliance.

    MIL OSI USA News –

  • MIL-OSI Russia: Modern multi-format spaces: how capital libraries are developing

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    There are 440 city-subordinate libraries in Moscow. Since the beginning of the year, readers have borrowed almost 3.2 million publications from them. This was reported by Natalia Sergunina, Deputy Mayor of Moscow.

    “Modern Moscow libraries are comfortable multi-format spaces that attract about 10 million people annually. Visitors take books and periodicals, participate in clubs and sections, work in co-working spaces, participate in master classes and meetings with writers,” said Natalia Sergunina.

    From creative circles to festivals

    Over the past few years, the capital’s library network has changed noticeably: institutions have become popular city centers for self-development and creativity. Last year, renovations were completed 13 Moscow librariesAs part of the comprehensive renovation, the premises are being put in order, modern equipment is being purchased, access to wireless Internet is being provided, and the book collections are being replenished.

    More than 30 thousand events are held annually in the capital’s libraries, which attract both city residents and tourists. Everyone is invited to cultural events, festivals, concerts and performances.

    Visitors of all ages are invited to join clubs and sections — vocal, literary and poetic, dance, theater, music, environmental and local history. In addition, reading rooms become part of large-scale projects. Among them are the “Biblionight” campaign and the “Red Square” book festival.

    Step-by-step digitalization

    The library modernization program began in 2018. First, they were connected to a common information system. This allowed the introduction of a single library card (SLC) for all sites. In total, about 1.3 million SLCs have already been issued, 62 thousand of which have been issued since January of this year.

    Another important stage in the digitalization of the library network is the launch of the “Moscow Libraries” service, where you can search for and reserve the books you need. It currently features 15 million publications. Thanks to the online platform, city residents have ordered more than 800 thousand books. Here, users can extend the shelf life of literature, get acquainted with thematic selections, and receive personal recommendations from artificial intelligence.

    History and Innovation

    While becoming even more modern and attractive, libraries retain their identity and individuality.

    For example, the Central City Children’s Library named after A.P. Gaidar is one of the oldest reading rooms for the younger generation in the capital. Its collection contains about 200 thousand books. The library runs the Moscow Summer Reading Program for Children and Teenagers, the Thoughtful Reader contest of reviews and comments, and publishes catalogs of recommended literature.

    The Central Universal Scientific Library named after N.A. Nekrasov is the largest public city reading room in Moscow. Its collection includes more than a million publications in different languages. Play readings, thematic festivals, exhibitions and excursions are held here.

    Moscow Main Archives Opens Electronic Reading RoomSummer Stories: The Moscow Libraries service offers selections of books to read during the holidays

    The Anna Akhmatova Smart Library has a coworking space with free internet, a self-service book checkout station, a multifunctional transformable hall, a recording studio, a cinema hall, and a printing house.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/154448073/

    MIL OSI Russia News –

  • MIL-OSI USA: Memorial Day Ceremony to honor fallen heroes, including local Soldier Pvt. Scott A. Miller

    Source: US State of Wyoming

    Wyoming National Guard

     Casper, WY — The Wyoming Veterans Commission invites the public to attend the annual Memorial Day Ceremony on Monday, May 26, 2025, at 11:00 a.m. at the Oregon Trail State Veterans Cemetery in Casper.

    This solemn event will pay tribute to the brave men and women who have made the ultimate sacrifice in service to our nation.

    This year’s ceremony holds special significance as it honors Army Pvt. Scott A. Miller, a native of Casper, who was killed in action on June 9, 2007, in Baqubah, Iraq. Pvt. Miller, a 2004 graduate of Natrona County High School, was assigned to the 5th Battalion, 20th Infantry Regiment, 3rd Brigade, 2nd Infantry Division (Stryker Brigade Combat Team) based at Fort Lewis, Washington. Known for his warm smile and mischievous sense of humor, Miller was remembered by his teachers and family as a “burly country boy” with “a heart just as big as Wyoming” .

    His parents, Bob and Suzi Miller, will be present at the ceremony as honored guests, representing Gold Star families who have endured the profound loss of a loved one in military service.

     Ceremony Highlights:

     

    • Master of Ceremonies: Kelly Ivanoff, Commissioner, Wyoming Veterans Commission
    • Invocation & Benediction: Leon Chamberlain
    • Presentation of Colors: Kelly Walsh High School Marine Corps JROTC
    • National Anthem: Angela Gordon
    • Pledge of Allegiance: Hank Laurenz, President, Natrona County United Veterans Council
    • Guest Speakers: Bob and Suzi Miller, Gold Star Family
    • Reading of “In Flanders Fields”: Kelly Ivanoff
    • Wreath Laying: Veterans Service Organization
    • Rifle Salute: Natrona County High School Army JROTC
    • Taps: Wyoming Army National Guard Military Honors
    • Musical Tribute: “Amazing Grace” performed by Paul Marquard on bagpipes

    MIL OSI USA News –

  • MIL-OSI Security: Passaic County Correctional Officer Admits Civil Rights Violation and Conspiracy to Obstruct Justice in Connection with an Assault of a Pretrial Detainee

    Source: Office of United States Attorneys

    NEWARK, N.J. – A Passaic County Correctional Officer admitted his role in assaulting a pretrial detainee and conspiring to obstruct justice, U.S. Attorney Alina Habba announced.

    Sergeant Donald Vinales, 39, pleaded guilty on May 21, 2025, before U.S. District Judge Michael E. Farbiarz in Newark federal court to a two-count indictment charging him with one count of deprivation of rights under color of law and one count of conspiracy to obstruct justice.

    According to documents filed in this case and statements made in court:

    On January 22, 2021, a pretrial detainee at the Passaic County Jail (“PCJ”) squirted a mixture containing urine onto a correctional officer.  The following day, on January 23, 2021, Sergeant Vinales admitted that he, along with Sergeant Jose Gonzalez, and Correctional Officer Lorenzo Bowden, who were also charged in this case, transported the detainee through an area of the PCJ that does not have a video surveillance camera, which Correctional Officers and inmates at the PCJ have referred to as a “blind spot.” While in that “blind spot,” Sergeant Vinales admitted that he and Sgt. Gonzalez assaulted the detainee, while he was handcuffed, when they knocked him to the ground and struck him multiple times.  One day after the assault, the detainee was taken to a local hospital, which documented injuries from the assault.

    The defendants were required to submit documentation regarding their use of force.  None of them submitted any such reports.

    In April 2022, after receiving federal grand jury subpoenas in connection with this investigation, Sergeant Gonzalez, Sergeant Vinales, Officer Bowden, among others, met to discuss the federal investigation. During that meeting, the group agreed not to cooperate with the federal investigation and also agreed to say that nothing had happened to the detainee (referring to the assault). Thereafter, during an interview with federal investigators in October 2022, Bowden falsely stated that the detainee had not been assaulted and that there had not been any meeting or communication among those who participated in or witnessed the assault.

    Officer Bowden pleaded guilty on April 18, 2024, before Judge Farbiarz to an information charging him with conspiracy to obstruct justice and is awaiting sentencing.

    The charge of deprivation of rights under color of law carries a maximum penalty of 10 years in prison and the charge of conspiracy to obstruct justice carries a maximum penalty of 20 years in prison. Both charges carry a fine of up to $250,000. Vinales’s sentencing is scheduled for September 30, 2025.

    U.S. Attorney Habba credited special agents of the FBI, under the direction of Acting Special Agent in Charge Terence G. Reilly in Newark; and the Passaic County Sheriff’s Office Division of Internal Affairs, under the direction of Sheriff Thomas Adamo.

    The government is represented by Assistant U.S. Attorney Benjamin Levin, Chief of the Narcotics/OCDETF Unit in Newark, and R. Joseph Gribko, Senior Trial Counsel in Trenton.

    The charges and allegations contained in the indictment against Sergeant Gonzalez are still pending, are merely accusations, and the defendant is presumed innocent unless and until proven guilty.

                                                                           ###

    Defense Counsel:

    Eric V. Kleiner, Esq., Englewood Cliffs, New Jersey 

    MIL Security OSI –

  • MIL-OSI Security: Lynchburg Man Pleads Guilty to Federal Firearms and Conspiracy Charges

    Source: Office of United States Attorneys

    LYNCHBURG, Va. – A Lynchburg, Virginia man, implicated in a series of incidents involving the illegal possession of a firearm and conspiring to access protected computer systems, pled guilty today to firearm and conspiracy charges.

    Brendon Cole Webber, 28, was arrested in May 2024 for being a convicted felon illegally in possession of a firearm. Webber pled guilty today to one count of illegal possession of a firearm by a previously convicted felon and two counts of conspiracy against the United States. 

    According to court documents, beginning in 2022, Webber was being supervised by the Lynchburg Community Corrections & Pretrial Services Department (LCCPS). In 2023, Jennifer Leigh Peters assumed the role of Acting Director of the LCCPS. Starting in approximately August 2023, Webber and Peters began a romantic relationship. Peters directly or indirectly supervised Webber’s probation throughout his LCCPS supervision. Peters, because of her role with LCCPS, had access to certain non-public, law enforcement materials, including the Lynchburg Police Department’s Records Management System (RMS). The RMS was a protected computer system that housed confidential non-public, law enforcement material.

    Between November 11, 2023 and January 9, 2024, Webber and Peters conspired to have Webber access RMS information without authorization. Specifically, Peters provided Webber with access to non-public confidential material on RMS, and Webber disseminated that non-public information to others.

    On November 30, 2023, Webber was charged with unlawfully possessing a firearm in violation of Virginia law and a warrant was issued for his arrest. Webber and Peters knew there was an active warrant for Webber’s arrest and knew there was an active U.S. Marshal’s fugitive manhunt for Webber’s apprehension.

    Around December 19, 2023, at Webber’s instruction, Peters drove Webber from Lynchburg, Virginia to Hughestown, Pennsylvania with the purpose of obstructing the U.S. Marshal’s Fugitive mission. Weber further directed Peters to book a hotel room during the drive. Webber was arrested in Hughestown, Pennsylvania on January 9, 2024.

    Webber previously pled guilty to state charges of conspiracy to commit computer fraud and conspiracy to obstruct justice, as well as to unlawfully possessing a firearm.

    According to court documents, law enforcement officers were flagged down by a citizen on Fifth Street in Lynchburg after the citizen reported seeing a man fall out of a moving vehicle then shoot a firearm in the direction of the same departing vehicle. The citizen told police the man who shot at the vehicle- ultimately identified as Webber- then ran toward the Family Dollar on Federal Street in downtown Lynchburg.

    Two other individuals driving past the incident witnessed Webber fall out of the vehicle. Webber asked the witnesses for a ride and attempted to enter their vehicle as law enforcement arrived on scene. Police officers searched the vehicle and found a loaded 9 mm handgun, a white bag containing suspected methamphetamine, and a wallet belonging to an unidentified individual in the back seat where Webber had been sitting.

    Acting United States Attorney Zachary T. Lee and Stanley M. Meador, Special Agent in Charge of the FBI’s Richmond Division made the announcement.

    The Federal Bureau of Investigation and the City of Lynchburg Police Department are investigating the case.

    Assistant U.S. Attorney Vito Iaia is prosecuting the case.

    MIL Security OSI –

  • MIL-OSI Security: Medical Equipment Business Owner Sentenced to Federal Prison and Ordered to Pay Over $6 Million in Restitution for a Conspiracy to Commit Health Care Fraud

    Source: Office of United States Attorneys

    Louisville, KY – A former Kentucky resident was sentenced last week to 2 years and 9 months in federal prison for engaging in a conspiracy to commit health care fraud in connection with durable medical equipment businesses.    

    U.S. Attorney Michael A. Bennett of the Western District of Kentucky and Special Agent in Charge Kelly J. Blackmon of the Department of Health and Human Services, Office of Inspector General (HHS-OIG), made the announcement. 

    According to court documents, Pedro Reyes, 54, formerly of Elizabethtown, Kentucky, was sentenced to 2 years and 9 months in prison, followed by 2 years of supervised release, for one count of conspiracy to commit health care fraud. Reyes, through multiple Kentucky companies, executed a scheme in which he fraudulently billed Medicare for durable medical equipment (orthopedic equipment, to including back, knee, and shoulder braces) that was medically unnecessary, unwanted by patients, and not prescribed by the patients’ medical providers.

    “I commend the tenacious work of the HHS-OIG and the prosecution team in this matter,” said U.S. Attorney Bennett. “Let this case serve as notice to those who plan to cheat the system. You will be identified, aggressively prosecuted, spend time in federal prison, and, in the end, pay back your ill-gotten gains.”

    “The defendant’s exploitation of the Medicare program and its enrollees for unlawful financial gain constitutes a serious breach of trust and a misappropriation of resources for the public,” said Special Agent in Charge Blackmon. “HHS-OIG is unwavering in our commitment to safeguarding the integrity of the Medicare and other federal healthcare programs.”

    There is no parole in the federal system.

    Reyes was also ordered to pay restitution in the amount of $6,004,916.

    This case was investigated by HHS-OIG.

    Assistant U.S. Attorney Christopher Tieke prosecuted the case, with assistance from healthcare fraud investigator Bob Masterson.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Brandywine Man Sentenced for Federal Identity Theft and Bank, Wire, and Passport Fraud Charges

    Source: Office of United States Attorneys

    Baltimore, Maryland – Today, United States District Judge Stephanie A. Gallagher sentenced Llyod Linwood Comer, 63, of Brandywine, Maryland, to 41 months in federal prison, followed by three years of supervised release — with the first seven months on home detention — for conspiracy to commit wire fraud and bank fraud, passport fraud, identity theft, and possession of a firearm by a prohibited person. 

    Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the sentence with Acting Assistant Director of Investigations Joseph Jung, U.S. Department of State, Diplomatic Security Service (DSS), and Special Agent in Charge Colleen Lawlor, Social Security Administration, Office of the Inspector General (SSA-OIG) – Philadelphia Field Division.

    According to Comer’s guilty plea, from 2019 to 2021, Comer and his co-conspirator, Doreen Gilmore, aka Doreen Flummerfelt, 57, conspired to engage in a series of fraudulent schemes involving stolen identities.  The defendants used the names and identifying information of victims to purchase vehicles, and open or attempt to open, bank accounts and obtain bank cards. 

    Vehicles that the defendants acquired by using stolen identities included a 2017 Ford Explorer, fraudulently financed in the amount of $34,710; a Harley-Davidson motorcycle, fraudulently financed in the amount of $20,320; a second 2016 Harley Davidson motorcycle, fraudulently financed in the amount of $29,612; and a 2017 Coachmen Leprechaun RV fraudulently financed in the amount of $60,250.  Comer and Gilmore also submitted a mortgage application in Gilmore’s mother’s name, in the amount of $433,200, to purchase a residence in Brandywine, Maryland. 

    Comer and Gilmore sent multiple iterations of the loan application document to the lender over a few weeks, and sent a final, signed application of the loan on May 26, 2020.  They eventually secured a loan, based on the application, to purchase the home in Brandywine. Ultimately, the lender approved the loan, relying on the false and fraudulent information and documents that Comer and Gilmore submitted.

    In addition, Comer obtained a fraudulent United States passport by using identifying information from Gilmore’s deceased brother.  Then on December 13, 2019, Comer used the fraudulently obtained passport to travel to Jamaica for a weeding.

    On June 1, 2021, law-enforcement agencies executed a federal search warrant at the Brandywine residence. During the search, authorities found numerous identification-related documents bearing the names, Social Security numbers, dates of birth, and/or other identifying information belonging to various victims.  Among other items, authorities found identity documents bearing identification information from Gilmore’s mother and various victims in the residence. 

    During the June 1 search, law-enforcement agents also recovered 13 firearms and more than 6,600 rounds of ammunition.  Comer knowingly possessed the firearms and ammunition.  Authorities proved Comer possessed the firearms and ammunition through digital videos on electronic devices that they recovered during the search.

    Videos show Comer holding and apparently firing some of the firearms at the Brandywine residence.  The firearms and ammunition were “firearms” and “ammunition” as defined by federal law and were manufactured outside the state of Maryland.  Prior to possessing the firearms and ammunition on June 1, Comer was convicted of a crime punishable by imprisonment for a term exceeding one year, his civil rights had not been restored, and he knew this status when he possessed the firearms and ammunition.

    Gilmore was previously sentenced to time served followed by three years of supervised release for conspiracy to commit wire fraud and bank fraud, passport fraud, and identity theft.  The court also ordered the defendants to pay $52,355 in restitution to various victim businesses.

    U.S. Attorney Hayes commended DSS and SSA-OIG for their work in the investigation.  Ms. Hayes also thanked Assistant U.S. Attorney Michael C. Hanlon who prosecuted the case.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to report fraud, visit justice.gov/usao-md  and justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI –

  • MIL-OSI: Gevo Promotes Leke Agiri to Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., May 27, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), is pleased to announce the appointment of Oluwagbemileke (Leke) Agiri as Chief Financial Officer, effective as of May 21, 2025. Mr. Agiri succeeds L. Lynn Smull, who will continue with the Company in a new role as Executive Vice President and Senior Advisor to the Chief Executive Officer, focusing on strategic initiatives and to aide and support a seamless transition.

    Mr. Agiri brings extensive experience and leadership in corporate finance, capital markets, and strategic growth, both organic and inorganic. Since joining Gevo in August 2022, he has served in key leadership roles, most recently as Executive Vice President, Finance, where he has been instrumental in driving financial strategy and planning. His prior experience includes finance positions in the renewable energy and energy sectors at organizations including Bank of America (BAC), Occidental Petroleum Corporation (OXY) and Anadarko Petroleum Corporation (APC). Mr. Agiri earned a Masters in Business Administration in Finance and Energy from Jones Graduate School of Business at Rice University and a Bachelor of Science in Chemical Engineering from the University of Virginia.

    “We’ve been developing Leke to replace me as the CFO as I approach retirement in my future. Leke has stepped up to every challenge that we have thrown at him. I look forward to a smooth transition with him. It’s my duty to make sure I can help Gevo in any way possible. I also look forward to bringing my skills to bear on some of the exciting projects that Gevo is developing,” said Lynn Smull, Executive Vice President and former CFO of Gevo.

    “Leke has been an integral part of our finance team and has demonstrated outstanding leadership and expertise in advancing Gevo’s mission,” said Patrick Gruber, CEO of Gevo. “His appointment reflects our long–term succession planning and confidence in his ability to help lead Gevo through its next phase of growth.

    This leadership evolution reflects Gevo’s commitment to building a strong, future-ready team capable of executing on its ambitious goals for innovation and value creation.”

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including synthetic aviation fuel (“SAF”), motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring, and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    Forward-Looking Statements
    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, without limitation, including the promotion of Leke Agiri, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    Investor Contact
    Eric Frey, PhD
    Vice President of Finance & Strategy
    IR@gevo.com

    The MIL Network –

  • MIL-OSI: TeraWulf Acquires Beowulf Electricity & Data, Streamlining Corporate Structure

    Source: GlobeNewswire (MIL-OSI)

    EASTON, Md., May 27, 2025 (GLOBE NEWSWIRE) — TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, announced today the acquisition of 100% of the membership interests of Beowulf Electricity & Data LLC and its affiliates (collectively, “Beowulf E&D”). The strategic transaction simplifies TeraWulf’s corporate structure and eliminates a related-party relationship consolidating resources under a unified operating framework.

    Transaction Overview

    The total consideration for the transaction is approximately $52.4 million, consisting of $3 million in cash and 5 million shares of TeraWulf common stock issued at closing. The agreement also includes up to $19 million in contingent cash payments and up to $13 million in additional common stock, subject to the achievement of key milestones related to the expansion of TeraWulf’s data center business and project financing initiative. As part of the acquisition, 94 employees from Beowulf E&D – including Lake Mariner site staff and corporate support personnel – have transitioned to TeraWulf employment. In addition, the existing services agreement with Beowulf E&D, which had included substantial ongoing payments, has been terminated in conjunction with the closing. The Company’s previously announced 2025 cost guidance, including SG&A expenses of $40-$45 million and operating expenses of $20-$25 million, remains unchanged following the acquisition.

    Strategic Rationale        

    The acquisition provides several key strategic benefits:

    • Strengthened Vertical Integration and Energy Expertise. Beowulf E&D brings deep experience in the development and operation of power generation assets and related electrical infrastructure. Integrating this capability directly into TeraWulf supports the Company’s long-term growth strategy, especially as power generation becomes increasingly integral to high-power compute operations.
    • Enhanced Access to Capital Markets. A simplified corporate structure improves transparency for debt investors and facilitates the creation of a repeatable, efficient process for accessing project financing in support of upcoming HPC infrastructure initiatives.
    • Expanded Investor Appeal. The elimination of a related-party structure enables broader engagement with institutional and long-only investors who may have been constrained by related-party disclosures in prior filings.

    “This acquisition consolidates our operations under a single, unified structure,” said Kerri Langlais, Chief Strategy Officer of TeraWulf. “It enhances transparency, strengthens governance, and provides greater strategic flexibility as we pursue long-term growth and value creation. With all employees operating under one roof, we are well-positioned to scale our next-generation infrastructure and support the evolving demands of AI and high-power compute workloads.”

    The transaction was negotiated and approved by a special independent committee of the Company’s Board of Directors comprised entirely of independent directors (the “Independent Committee”). The Independent Committee consulted independent legal counsel Reed Smith LLP and received a fairness opinion from Piper Sandler & Co. in connection with the transaction.

    About TeraWulf

    TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for bitcoin mining and hosting HPC workloads. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through bitcoin mining, leveraging predominantly zero-carbon energy sources, including hydroelectric and nuclear power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale.

    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, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “seek,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “strategy,” “opportunity,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) the ability to mine bitcoin profitably; (2) our ability to attract additional customers to lease our HPC data centers; (3) our ability to perform under our existing data center lease agreements (4) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates; (5) the ability to implement certain business objectives, including its bitcoin mining and HPC data center development, and to timely and cost-effectively execute related projects; (6) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to expansion or existing operations; (7) adverse geopolitical or economic conditions, including a high inflationary environment, the implementation of new tariffs and more restrictive trade regulations; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability and cost of power as well as electrical infrastructure equipment necessary to maintain and grow the business and operations of TeraWulf; and (10) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at www.sec.gov.

    Investors:
    Investors@terawulf.com 

    Media:
    media@terawulf.com 

    The MIL Network –

  • MIL-OSI: Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date May 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — At the end of the settlement date of May 15, 2025, short interest in 3,168 Nasdaq Global MarketSM securities totaled 13,735,568,588 shares compared with 13,300,707,903 shares in 3,156 Global Market issues reported for the prior settlement date of April 30, 2025. The mid-May short interest represents 2.41 days compared with 2.40 days for the prior reporting period.

    Short interest in 1,639 securities on The Nasdaq Capital MarketSM totaled 2,731,907,808 shares at the end of the settlement date of May 15, 2025, compared with 2,645,060,429 shares in 1,636 securities for the previous reporting period. This represents a 1.00 day average daily volume; the previous reporting period’s figure was 1.00.

    In summary, short interest in all 4,807 Nasdaq® securities totaled 16,467,476,396 shares at the May 15, 2025 settlement date, compared with 4,792 issues and 15,945,768,332 shares at the end of the previous reporting period. This is 1.79 days average daily volume, compared with an average of 1.92 days for the prior reporting period.

    The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.

    For more information on Nasdaq Short interest positions, including publication dates, visit
    http://www.nasdaq.com/quotes/short-interest.aspx
    or http://www.nasdaqtrader.com/asp/short_interest.asp.

    About Nasdaq:
    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Media Contact:
    Maximilian Leitenberger
    Maximilian.leitenberger@nasdaq.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/07645b24-4544-4adc-9f01-d13106b38966

    NDAQO

    The MIL Network –

  • MIL-OSI: FormFactor Named #1 Global Supplier in Test Subsystems and Focused Chip Making Equipment

    Source: GlobeNewswire (MIL-OSI)

    LIVERMORE, Calif., May 27, 2025 (GLOBE NEWSWIRE) — FormFactor, Inc. (NASDAQ: FORM), a leading semiconductor test and measurement supplier, has been named the #1 global supplier in both the Test Subsystems and Focused Chip Making Equipment categories in TechInsights’ 2025 global semiconductor industry customer satisfaction survey. The company earned five-star ratings in multiple categories, including:

    • Global #1 – Test Subsystems
    • Global #1 – Focused Suppliers of Chip Making Equipment
    • Global Semiconductor Supplier Award – Top 10 Customer Service (Focused Suppliers of Chip Making Equipment)
    • Global Semiconductor Supplier Award – Assembly Test Equipment

    Each year, TechInsights surveys semiconductor manufacturers worldwide to rate suppliers based on three key criteria: supplier performance, customer service, and product performance. This marks twelve consecutive years that FormFactor has been recognized in the Test Subsystems category, which includes probe cards, test sockets, and device interface boards.

    “Customers consistently give FormFactor high rankings for quality and technology leadership,” said G. Dan Hutcheson, Vice Chair, TechInsights. “In multiple categories, FormFactor continues to stand out as a Five Star supplier.”

    “We are honored to be recognized by our customers as both the top Focused Supplier of Chip Making Equipment and the top supplier of Test Subsystems worldwide. This recognition is a testament to the dedication of our worldwide team, as we strive to continuously improve our customer collaboration and support, guided by our core FORM value of Focus on the Customer,” said FormFactor CEO Mike Slessor. “As semiconductor test and measurement complexity increases, driven by rapid advances in areas like advanced packaging and AI-driven applications such as High-Bandwidth Memory, our commitment to technology leadership, quality, and execution remains steadfast. These awards reflect our continued investment in helping customers solve their toughest test challenges through world-leading collaboration, innovation, and support.”

    About TechInsights
    TechInsights is the most trusted source of actionable, in-depth intelligence related to semiconductor innovation and surrounding markets. Our content informs decision makers and professionals whose successes depend on accurate knowledge of the semiconductor industry – past, present, or future. Our unmatched reverse engineering analysis, images, and expert commentary are accessed through the TechInsights Platform, the world’s largest research library of semiconductor and market analysis. Our customers include the most successful technology companies, who rely on our analysis to make informed business decisions faster and with greater confidence.

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

    Trade Contact
    Aasutosh Dave
    Chief Commercial Officer
    aasutosh.dave@formfactor.com

    Investor Contact
    Stan Finkelstein
    Investor Relations
    (925) 290-4273
    ir@formfactor.com

    The MIL Network –

  • MIL-OSI: CarGurus to Present at William Blair’s 45th Annual Growth Stock Conference

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 27, 2025 (GLOBE NEWSWIRE) — CarGurus, Inc. (Nasdaq: CARG), the No. 1 most visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at William Blair’s 45th Annual Growth Stock Conference on Tuesday, June 3, 2025, at 10:20 AM ET.

    A webcast of the fireside chat will be accessible from the Investor Relations page of the company’s website at https://investors.cargurus.com beginning at the time indicated above, and an archive of the presentation will be available there for 30 days following the event.

    About CarGurus, Inc.

    CarGurus (Nasdaq: CARG) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire, and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms, and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience. CarGurus is the most visited automotive shopping site in the U.S. 1

    In addition to the U.S. marketplace, the company operates online marketplaces under the CarGurus brand in Canada and the U.K., as well as independent online marketplace brands Autolist in the U.S. and PistonHeads in the U.K.

    To learn more about CarGurus, visit www.cargurus.com, and for more information about CarOffer, visit www.caroffer.com.

    CarGurus® is a registered trademark of CarGurus, Inc., and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

    1Similarweb: Traffic Report [Cars.com, Autotrader, TrueCar, CARFAX Listings (defined as CARFAX Total visits minus Vehicle History Reports traffic)], Q1 2025, U.S.

    Investor Contact:
    Kirndeep Singh
    Vice President, Head of Investor Relations
    investors@cargurus.com

    Media Contact:
    Maggie Meluzio
    Director, Public Relations & External Communications
    pr@cargurus.com

    The MIL Network –

  • MIL-OSI: Gevo Appoints Industry Veteran James Barber, Ph.D. to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., May 27, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), a leader in sustainable aviation fuel and renewable chemicals, announced today the appointment of James J. Barber, Ph.D., to its Board of Directors. Dr. Barber brings decades of executive leadership and board experience in public and private companies including fuels, chemicals, biobased materials, micro-optics, carbon nanofibers, joint ventures and licensing. Dr. Barber currently serves on the board of directors of Graham Corporation (NYSE: GHM), where he chairs the Compensation Committee and is a member of the Audit and Nomination and Governance Committees.

    Dr. Barber holds a Ph.D. in Organic Chemistry from the Massachusetts Institute of Technology (MIT) and a B.S. in Chemistry from Rensselaer Polytechnic Institute. He is also a recipient of the American Chemical Society’s Henry F. Whalen, Jr. Award for Business Development and holds a Directorship Certification from the National Association of Corporate Directors.

    “We welcome Dr. Barber to the Board,” said Dr. Patrick R. Gruber, CEO of Gevo. “His deep technical expertise, strategic acumen, and boardroom leadership will be invaluable as we grow our company.”

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including synthetic aviation fuel (“SAF”), motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    Forward-Looking Statements
    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, without limitation, including the promotion of James Barber, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    Investor Contact
    Eric Frey, PhD
    Vice President of Finance & Strategy
    IR@gevo.com

    The MIL Network –

  • MIL-OSI: Kayne Anderson Energy Infrastructure Fund Announces Appointment of New Independent Directors

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company” or “KYN”) announced today the appointments of Holli C. Ladhani and Michael N. Mears as independent directors of the Company, effective immediately. Following the retirements of Anne K. Costin and Albert L. Richey earlier this year, the appointments of Ms. Ladhani and Mr. Mears return the Company’s Board to eight members, seven of whom are independent.

    Holli C. Ladhani is an experienced executive and board director in the energy, chemicals, power, and infrastructure sectors. Ms. Ladhani most recently served as President, Chief Executive Officer, and a member of the board of directors of Select Energy Services, Inc., a publicly traded provider of water management and chemical solutions to the energy industry. Prior to that, she was Chairman and CEO of Rockwater Energy Solutions, where she also held earlier executive roles, including Chief Financial Officer. Earlier in her career, Ms. Ladhani served as Executive Vice President and CFO of Dynegy Inc., and began her professional journey at PricewaterhouseCoopers.

    Ms. Ladhani currently serves on the boards of Quanta Services, Inc. (NYSE: PWR), AmSpec, and the forthcoming Amrize spin-off from Holcim (NYSE: AMRZ). She previously served on the boards of Marathon Oil (until its acquisition by ConocoPhillips in 2024), Atlantic Power, Noble Energy, and Rosetta Resources. She has also served on the Board of Trustees of Rice University since 2018. Ms. Ladhani holds a Bachelor of Business Administration in Accounting from Baylor University and an MBA from Rice University.

    Michael N. Mears is an accomplished executive in the energy infrastructure sector and an experienced director in the energy and power sectors. Mr. Mears most recently served as Chairman, President, and Chief Executive Officer of Magellan Midstream Partners, L.P., a publicly traded pipeline and storage company, from 2011 until his retirement in April 2022. He joined Magellan at its formation in 2002 and held several senior leadership roles, including Chief Operating Officer and Senior Vice President of Transportation and Terminals. Prior to Magellan, Mr. Mears held a range of management positions at Williams Pipeline Company, the predecessor to Magellan, where he began his career in 1985.

    Mr. Mears currently serves on the boards of Devon Energy Corporation (NYSE: DVN) and Sempra (NYSE: SRE). At Sempra, he chairs the Corporate Governance Committee and serves on the Executive and Compensation and Talent Development Committees. Mr. Mears holds a Bachelor of Science degree in Chemical and Petroleum Refining Engineering from the Colorado School of Mines.

    “We are honored to welcome Holli and Mike to KYN’s Board of Directors,” said Jim Baker, Chairman, President, and CEO. “Their extensive experience in the energy and power sectors – as both senior executives and directors – will bring valuable insight to our Board. The energy and power infrastructure sectors continue to be very dynamic, and I am confident their insights will strengthen our ability to evaluate opportunities in these sectors with greater perspective,” concluded Mr. Baker.

    Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least 80% of its total assets in securities of Energy Infrastructure Companies. See Glossary of Key Terms in the Company’s most recent quarterly report for a description of these investment categories and the meaning of capitalized terms.

    The Company pays cash distributions to common stockholders at a rate that may be adjusted from time to time. Distribution amounts are not guaranteed and may vary depending on a number of factors, including changes in portfolio holdings and market conditions. 

    This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor’s specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances.

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the U.S. federal securities laws. Forward-looking statements involve a variety of risks and uncertainties. These risks include but are not limited to changes in economic and political conditions; regulatory and legal changes; energy industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in detail in the Company’s filings with the SEC, available at www.kaynefunds.com or www.sec.gov. Actual events could differ materially from these statements or our present expectations or projections. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company’s investment objectives will be attained.

    Contact investor relations at 877-657-3863 or cef@kayneanderson.com.

    The MIL Network –

  • MIL-OSI: NI Holdings, Inc. Announces Executive Leadership Appointments

    Source: GlobeNewswire (MIL-OSI)

    FARGO, N.D., May 27, 2025 (GLOBE NEWSWIRE) — NI Holdings, Inc. (the “Company”, NASDAQ: NODK) today announced several strategic leadership appointments to support the company’s long-term growth and execution of its core business strategies.

    “We are excited to announce multiple executive leadership appointments,” said Seth Daggett, President and Chief Executive Officer of NI Holdings. “These individuals bring deep operational knowledge, extensive industry experience and strategic insight to our executive team.”

    Kevin Elfstrand has been promoted to Senior Vice President and Chief Accounting Officer. He will continue to oversee the Accounting department and lead external financial reporting. Mr. Elfstrand brings over 20 years of experience in the property and casualty insurance industry, including 17 years at Travelers Companies, Inc., where he most recently served as Assistant Vice President of Corporate Audit. He began his career at Deloitte and is a Certified Public Accountant (CPA). He holds a bachelor’s degree in accounting from Saint John’s University in Minnesota.

    Brandon Nicol has been promoted to Senior Vice President of Reinsurance and Chief Underwriting Officer. In this role, Mr. Nicol will lead the Company’s underwriting strategy and reinsurance. He has 19 years of experience across the insurance and reinsurance industries, including roles at AmericanAg, XL Catlin, COUNTRY Financial, and State Farm. Mr. Nicol holds the Chartered Property and Casualty Underwriter (CPCU), Associate in Reinsurance (Are), and Agribusiness and Farm Insurance Specialist (AFIS) designations and serves as a Major in the U.S. Army National Guard and Army Reserves. He holds a bachelor’s degree in insurance from Illinois State University.

    Chris Oen has been promoted to Senior Vice President and Chief Claims Officer. Mr. Oen will continue to lead the Claims department, drawing on his 30 years of experience in the property and casualty insurance industry. He joined NI Holdings in 2007 and has held progressively senior roles during his time with the Company. Mr. Oen serves on several industry boards, including as Chairperson of the North Dakota Auto Assigned Claims Plan, and is a veteran of the Army National Guard. He holds a bachelor’s degree from the University of North Dakota and holds the Associate in Claims (AIC) designation.

    Dominic Weber has been promoted to Senior Vice President and Chief Actuary. Mr. Weber will continue to lead the Actuarial department and oversee reserving, ratemaking, and predictive analytics initiatives. With more than 42 years of experience in the property and casualty insurance industry, Mr. Weber previously served as Vice President and Chief Actuary at Society Insurance. He is a Fellow of the Casualty Actuarial Society (FCAS) and a Member of the American Academy of Actuaries (MAAA). He holds a bachelor’s degree in actuarial science from the University of Nebraska – Lincoln.

    Doug Duncan has been recently hired as Senior Vice President and Chief Information Officer. In this newly created role, Mr. Duncan will lead the Company’s technology strategy and oversee modernization initiatives to support business growth. He brings more than 25 years of technology leadership experience, including previous roles as Chief Information Officer at Columbia Insurance Group and Senior Vice President at Swiss Re. He holds a Master of Business Administration from Colorado State University and a bachelor’s degree from the University of Kansas.

    “The leadership of Kevin, Brandon, Chris, Dominic and Doug will strengthen our capabilities and help us better serve our shareholders, policyholders, and agents,” added Daggett. “We are confident these leaders will play a critical role in advancing our strategic priorities. Their diverse experience and proven leadership will help position NI Holdings for continued success.”

    About the Company
    NI Holdings, Inc. is an insurance holding company. The company is a North Dakota business corporation that is the stock holding company of Nodak Insurance Company and became such in connection with the conversion of Nodak Mutual Insurance Company from a mutual to stock form of organization and the creation of a mutual holding company. The conversion was consummated on March 13, 2017. Immediately following the conversion, all of the outstanding shares of common stock of Nodak Insurance Company were issued to Nodak Mutual Group, Inc., which then contributed the shares to NI Holdings in exchange for 55% of the outstanding shares of common stock of NI Holdings. Nodak Insurance Company then became a wholly-owned stock subsidiary of NI Holdings. NI Holdings’ financial statements are the consolidated financial results of NI Holdings; Nodak Insurance Company, including Nodak Insurance Company’s wholly-owned subsidiaries American West Insurance Company, Primero Insurance Company, and Battle Creek Insurance Company; and Direct Auto Insurance Company.

    Safe Harbor Statement
    Some of the statements included in this news release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Actual results could vary materially. Factors that could cause actual results to vary materially include risks we describe in the periodic reports we file with the Securities and Exchange Commission. You should not place undue reliance on any such forward-looking statements. We disclaim any obligation to update such statements or to announce publicly the results of any revisions that we may make to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

    For a detailed discussion of the risk factors that could affect our actual results, please refer to the risk factors identified in our SEC reports, including, but not limited to our Annual Report on Form 10-K, as filed with the SEC.

    Investor Relations Contact:
    Matt Maki
    Executive Vice President, Treasurer and Chief Financial Officer
    701-212-5976
    IR@nodakins.com

    The MIL Network –

  • MIL-OSI: XAI Octagon Floating Rate & Alternative Income Trust Will Host its Q1 2025 Quarterly Webinar on June 4, 2025

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 27, 2025 (GLOBE NEWSWIRE) — XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) today announced that it plans to host the Trust’s Quarterly Webinar on June 4, 2025 at 12:00 pm (Eastern Time). Kevin Davis, Managing Director at XA Investments (“XAI”) will moderate the Q&A style webinar with Kimberly Flynn, President at XAI, and Lauren Law, Senior Portfolio Manager at Octagon Credit Investors.

    TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link.

    TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current location.

    Dial: (312) 626-6799 or (646) 558-8656 or (267) 831-0333 or (213) 338-8477 or (720) 928-9299
    Webinar ID: 817 1030 7383

    REPLAY: A replay of the webinar will be available in the Knowledge Bank section of xainvestments.com.

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

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

    About XA Investments
    XA Investments LLC (“XAI”) serves as the Trust’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in April 2016. In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing, fund management and administration. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.

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

    About Octagon Credit Investors
    Octagon Credit Investors, LLC (“Octagon”) serves as the Trust’s investment sub-adviser. Octagon is a 30+ year old, $33.1B below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (collateralized loan obligation debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable and scalable approach in its effort to generate attractive risk-adjusted returns for its investors. For more information, please visit www.octagoncredit.com.

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

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

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

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

    Media Contact:

    Kimberly Flynn, President
    XA Investments LLC
    Phone: 312-374-6931
    Email: kflynn@xainvestments.com
    www.xainvestments.com

    The MIL Network –

  • MIL-OSI USA: State-local partnerships lead to 6,700 arrests, 4,800 stolen vehicles recovered, reducing crime in key areas

    Source: US State of California 2

    May 27, 2025

    What you need to know: Since Governor Newsom launched the joint law enforcement efforts in Bakersfield, Oakland, and San Bernardino, officers have conducted 6,727 arrests, recovered 4,842 stolen vehicles, and confiscated 313 illicit firearms, reducing crime in regions statewide.

    Sacramento, California – Continuing to put public safety first in communities throughout California, Governor Gavin Newsom today announced the ongoing joint law enforcement operations in Bakersfield, Oakland, and San Bernardino have yielded 6,727 arrests, recovered 4,842 stolen vehicles, and confiscated 313 dangerous firearms.

    At the direction of Governor Newsom and through state, county, and city partnerships, the California Highway Patrol began saturating high-crime areas in 2024 to reduce roadway violence and criminal activity. 

    Crime trends before and after these operations began point to a reduction in crime in Oakland, a decrease in homicides and shootings in Bakersfield, and an increase of arrests and recovered stolen vehicles in San Bernardino.

    I am proud of the CHP Officers, who continue to serve their communities, deter crime, and hold bad actors accountable. Their partnership with local law enforcement has helped to bring a sense of safety to communities across the state and exemplifies California’s commitment to  putting the public’s safety first.

    Governor Gavin Newsom

    Bakersfield

    Following the launch of the CHP partnership in April 2024, the city of Bakersfield experienced notable changes in crime trends. The joint enforcement operation had led to 3,315 arrests, including 680 felony arrests, 1,174 stolen vehicles recovered, and 87 firearms seized. The city of Bakersfield announced that 2024 was its safest year since 2021, showing a 57% drop in homicides and 60% fewer shootings compared to previous years.

    In over a year of partnership, state and local law enforcement in the area have cracked down on crime, including using their aerial suppression team to assist ground units with apprehending fleeing suspects. 

    Oakland

    By the end of 2024, the city of Oakland had dramatically reduced crime in all categories, with an overall reduction of 34%, compared to the previous year. Preliminary data from January 1 to December 22, 2024, indicated a 25% decrease in robbery, a nearly 50% drop in burglary, and a 33% decline in motor vehicle theft year-over-year. Since the joint efforts began in February 2024, officials have made 2,101 arrests, 1,504 of those felonies, recovered 3,578 stolen vehicles, and confiscated 192 illicit firearms. 

    CHP officers have worked with local area police to keep neighborhoods safe in the past 15 months, including an arrest on multiple felony charges, an arrest with gun and cocaine following a foot chase, and a multimonth investigation to crack down on an organized retail theft ring and the recovery of stolen merchandise valued at more than $779,000.

    San Bernardino

    Since October 2024, when the collaborative law enforcement effort began in the area, CHP officers have helped clamp down on property theft and violent crime, including gun violence. Officials have arrested 1,311 individuals, including 249 for felony conduct, seized 90 stolen vehicles and removed 34 illicit firearms. The CHP’s operation also adds special law enforcement units on the ground and in the air — specifically targeting sideshow activities and stolen vehicles using high-tech camera technology. This advanced camera network in the region allows law enforcement agencies to identify vehicle attributes beyond license plate numbers, enabling the CHP, local law enforcement, and allied agencies to search for vehicles suspected to be linked to crimes and receive real-time alerts about their movement. Similar efforts have been used to fight crime in the Bay Area.

    Through continued partnerships with the San Bernardino Police Department, CHP officers in the past 7 months have made significant improvements to community safety, including reducing theft, violent crime, and gun violence in the region.

    Recent data suggests violent and property crime went down in key areas in 2024. According to an analysis of Real Time Crime Index data by the Public Policy Institute of California, property crime dropped by 8.5% and violent crime dropped by 4.6% in 2024, compared to 2023. Burglary and larceny also went down by 13.6% and 18.6%, respectively, compared to pre-pandemic levels. 

    Stronger enforcement. Serious penalties. Real consequences.

    In April, Governor Gavin Newsom announced the results from $267 million in grants to 55 communities to hire more police and secure more felony charges against suspects. Proposed by the Governor and distributed by the Board of State and Community Corrections (BSCC), program participants collected data on arrests, referrals, charges, convictions, and sentencing related to organized retail crime. From October 2023 to December 2024, 88% of the 373 organized retail theft convictions were felonies. 

    Last year, Governor Newsom signed into law the most significant bipartisan legislation to crack down on property crime in modern California history. Building on the state’s robust laws and record public safety funding, these bipartisan bills establish tough new penalties for repeat offenders, provide additional tools for felony prosecutions, and crack down on serial shoplifters, retail thieves, and auto burglars.

    California has invested $1.1 billion since 2019 to fight crime, help local governments hire more police, and improve public safety. In 2023, as part of California’s Public Safety Plan, the Governor announced the largest-ever investment to combat organized retail crime in state history, an annual 310% increase in proactive operations targeting organized retail crime, and special operations across the state to fight crime and improve public safety.

    Recent news

    May 26, 2025

    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring May 26, 2025, as “Memorial Day.”The text of the proclamation and a copy can be found below: PROCLAMATIONOn Memorial Day, we remember those who laid down their lives in defense of…

    May 23, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Andrew “Tristan” Peery, of Sacramento, has been appointed Senior Product Manager at the Office of Data and Innovation. Peery has been Director of Web and Interactive Communications at…

    May 23, 2025

    News What you need to know: The City of Tustin received a new water treatment system filtering “forever chemicals,” or PFAS, from local drinking water. TUSTIN – As the federal government announces plans to weaken regulation of “forever chemicals” in drinking water,…

    MIL OSI USA News –

  • MIL-OSI United Nations: 27 May 2025 Note for Media Seventy-eighth World Health Assembly – Daily update: 27 May 2025

    Source: World Health Organisation

    The Seventy-eighth World Health Assembly approved a decision to update the Global action plan (GAP) on antimicrobial resistance (AMR), for discussion at next year’s World Health Assembly (WHA79) in 2026.

    An estimated 4.71 million deaths were associated with bacterial AMR as of 2021, according to the Global Burden of Diseases, Injuries, and Risk Factors Study (GBD). The GAP update will offer a practical framework for the next 10 years to achieve the targets and commitments included in the political declaration of the United Nations General Assembly High-Level Meeting on AMR in 2024 – including a 10% reduction in global deaths associated with bacterial AMR by 2030.

    Since the global action plan was adopted in 2015, over 170 countries have developed multi-sectoral national action plans to address AMR. The updated plan will ensure the latest guidance is available to help countries accelerate implementation. It will reflect a multisectoral One Health approach, which aims to sustainably balance and optimize the health of people, animals and ecosystems.

    WHO and the other Quadripartite organizations – the Food and Agriculture Organization of the United Nations (FAO), the United Nations Environment Programme (UNEP) and the World Organisation for Animal Health (WOAH) – will develop this update in consultation with Member States and relevant stakeholders.

    The Seventy-eighth World Health Assembly also considered progress made in supporting countries to prevent infections; ensure universal access to quality and affordable diagnosis and appropriate treatment; strengthen surveillance, research and innovation; and enhance AMR awareness, governance and financing.

    Looking ahead, other WHO priorities include supporting countries to achieve efficiencies by integrating AMR interventions in health sector planning and financing, and enhancing coordination and governance of the AMR response at all levels, including with the Quadripartite.

    Related links

    Assembly adopts the Global action plan on climate change and health for 2025–2028

    At the Seventy-eighth World Health Assembly in 2025, Member States expressed support for the first-ever draft Global action plan on climate change and health, marking an important step forward in global health and climate policy. The draft Global action plan 2025–2028 (EB156(40)) acknowledged the urgent need to address the health impacts of climate change, positioning health systems as part of the climate solution.

    It aims to provide a strategic framework to guide Member States, the WHO Secretariat and other stakeholders in developing climate-resilient, low-carbon health systems; enhancing surveillance and early warning systems; protecting vulnerable populations; and integrating health into climate policy and financing mechanisms.

    Building on commitments made at previous Conference of the Parties (COPs) and the outcomes of the Executive Board meeting in February 2025, this plan supports WHO’s work to promote health leadership in the global climate agenda and coordinate country-level action and implementation. By supporting this Global action plan, the Assembly affirmed that climate action is not only an environmental priority but also a strategic health priority.

    While recognizing this important progress, some Member States noted that more time and dialogue are needed to reach consensus on certain principles and language used in the action plan moving forward.

    Related links:

    • Climate change and health: Draft Global Action Plan on Climate Change and Health A78/4 Add.2
    • Documents A78/4, A78/4 Add.2 and EB156/2025/REC/1, decision EB156(40)
    • Draft Global Action Plan on Climate Change and Health as contained in decision EB156(40) and
    • EB156/25)

    MIL OSI United Nations News –

  • MIL-OSI Security: Virginia Woman Pleads Guilty to Committing Murder at a National Park

    Source: Office of United States Attorneys

    CLEVELAND – An Alexandria, Virginia woman has pleaded guilty to driving more than 300 miles across state lines after she arranged to meet a victim, whom she shot and killed at a national park in Northeast Ohio. 

    According to court documents, Chelsea Perkins, 35, traveled to Ohio to meet the victim, Matthew Dunmire, whom she knew previously. On March 6, 2021, they visited the Terra Vista Natural Study Area, a hiking trail located in Valley View, Ohio, within the Cuyahoga Valley National Park. While hiking off-trail into a wooded area of the park, Perkins used a loaded firearm she brought with her to shoot the victim in the back of the head, killing him.

    Criminal investigators found evidence linking Perkins to the shooting through GPS data, DNA, social media and phone records, and ballistics analysis. During a federal search warrant execution at her Virginia residence, federal agents found three 9mm pistols, including one recovered from a woman’s purse that also contained Perkins’ identification.

    On May 27, 2025, Chelsea Perkins pleaded guilty to murder in the second degree and using or carrying and discharging a firearm during, and in relation to, a crime of violence on federal property. If the Court accepts the plea agreement at sentencing, Perkins faces between 20 and 25 years in prison. A federal district court judge will determine her sentence after considering the plea agreement, U.S. Sentencing Guidelines, and other statutory factors.

    Sentencing is scheduled for Sept. 9, 2025.

    The investigation was conducted by the FBI Cleveland Division, Ohio Bureau of Criminal Investigation, National Park Service Investigative Branch, Valley View Police Department, and Cuyahoga Valley National Park Police Department.

    This case is being prosecuted by Assistant United States Attorneys Scott Zarzycki, Margaret A. Kane, and Adam J. Joines.

    MIL Security OSI –

  • MIL-OSI Security: Springfield Man Pleads Guilty to Illegal Possession of Firearm

    Source: Office of United States Attorneys

    SPRINGFIELD, Mo. – A Springfield, Mo., man pleaded guilty in federal court today to illegally possessing firearms.

    Aaron Wayne Williams, 34, pleaded guilty before U.S. District Judge M. Douglas Harpool, to being a felon in possession of a firearm.

    Under federal law it is illegal for anyone who has been convicted of a felony to be in possession of any firearm or ammunition. Williams has previous felony convictions for domestic assault in the third degree, attempted burglary in the first degree, property damage motivated by discrimination in the second degree, possession of a controlled substance, unlawful possession of a firearm, and unlawful use of a weapon.

    Williams admitted to possessing several firearms which were seized by Springfield, Mo., Police Department officers on Jan. 8, 2025, after an officer observed Williams sleeping in his running vehicle in the parking lot of the Kum & Go located at 2963 East Division Street. Officers observed a Ruger, Mini 14, semiautomatic rifle beside Williams as he slept. Officers found three additional firearms on Williams and in the vehicle: a Taurus, G2S, 9mm pistol; an HS Produkt, XD, .40 caliber pistol; and a Star, 9mm pistol.

    Under federal statutes, Williams is subject to a sentence of up to 15 years in federal prison without parole. The maximum statutory sentence is prescribed by Congress and is provided here for informational purposes, as the sentencing of the defendant will be determined by the court based on the advisory sentencing guidelines and other statutory factors. A sentencing hearing will be scheduled after the completion of a presentence investigation by the United States Probation Office.

    This case is being prosecuted by Assistant U.S. Attorney Stephanie L. Wan. It was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives and the Springfield, Mo., Police Department.

    Project Safe Neighborhoods

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    MIL Security OSI –

  • MIL-OSI Security: Halifax County Felon Sentenced to More Than 5 Years for Possessing a Firearm

    Source: Office of United States Attorneys

    RALEIGH, N.C. – Sakwon Artavas Bowser, age 29, was sentenced on Friday to 5.5 years in federal prison for being a felon in possession of a firearm.  Bowser pleaded guilty to the charge on February 18, 2025.

    According to court records and evidence presented at sentencing, in June 2024, Bowser was wanted on outstanding warrants for common law robbery by the Halifax County Sheriff’s Office (HCSO).  On June 6, 2024, law enforcement saw Bowser exit a local mobile home park and attempted a traffic stop.  Instead of stopping, Bowser drove through a restaurant parking lot and then accelerated at a high rate of speed. The officer pursued Bowser as he drove recklessly, passing a vehicle at a stop sign, traveling in the center lane, and reaching speeds of 60 mph in a 35-mph zone.  Bowser continued driving through residential yards of a mobile home park before he jumped from the moving vehicle and continued to flee on foot.  HCSO noticed that Bowser had a backpack in his possession when he jumped out of the car, which he dropped in a wooded area during the foot pursuit. HCSO found Bowser hiding inside one of the mobile homes. A subsequent search of Bowser’s backpack revealed multiple baggies of marijuana packaged individually for distribution, a loaded Glock 17 handgun, a digital scale, and U.S. currency.

    Bowser has a criminal history that spans a decade and includes a prior felony conviction from 2018 for conspiracy to obtain property by false pretenses.

    Daniel P. Bubar, Acting U.S. Attorney for the Eastern District of North Carolina made the announcement after sentencing by U.S. District Judge James C. Dever III.  Agencies involved in the investigation include the Halifax County Sheriff’s Office and the Bureau of Alcohol, Tobacco, Firearms and Explosives. Assistant U.S. Attorney Kimberly Dixon prosecuted the case.

    Related court documents and information can be found on the website of the U.S. District Court for the Eastern District of North Carolina or on PACER by searching for Case No. 4:24-CR-00074.

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    MIL Security OSI –

  • MIL-OSI Security: Tampa Man Sentenced To 8 Years In Federal Prison For Receipt And Possession Of Child Sexual Abuse Material

    Source: Office of United States Attorneys

    Tampa, Florida – U.S. District Judge Virginia M. Hernandez Covington has sentenced Almando Sapp, Jr. (39, Tampa) to eight years in federal prison for receipt and possession of child sexual abuse material (CSAM), followed by a lifetime of supervised release. Sapp will also have to register as a sex offender and forfeit a cellphone used in the commission of the offense. Sapp pleaded guilty on January 9, 2025. A restitution hearing is scheduled for July 8, 2025.

    According to court documents, through digital payment systems, Sapp purchased CSAM over a social media application. Law enforcement recovered online communications between Sapp and individuals over the app where Sapp admitted to spending hundreds of dollars to purchase CSAM and stated his desire for “real cp” and images or videos containing “intercourse.” Through a search of Sapp’s cellphone, agents recovered hundreds of images and videos of CSAM.

    “This is another clear message that those who traffic in child sexual abuse material will be held accountable,” said Homeland Security Investigations Assistant Special Agent in Charge Kristopher Pagitt. “Homeland Security Investigations remains committed to protecting the most vulnerable members of our community by ensuring justice is served.”

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    This case was investigated by Homeland Security Investigations. It is being prosecuted by Assistant United States Attorney Ilyssa M. Spergel.

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  • MIL-OSI Security: Chilean Nationals Indicted For Immigration Crimes And Identity Theft

    Source: Office of United States Attorneys

    Tampa, Florida – United States Attorney Gregory W. Kehoe announces the return of an indictment charging Hernan Nicolas Fuentes Alfaro (44, Chile) and Eduardo Luis Portilla Romero (19, Chile) with possessing fraudulent Peruvian passports and aggravated identity theft. The indictment also charges Fuentes Alfaro with illegally reentering the United States after deportation. If convicted on all counts, Fuentes Alfaro and Portilla Romero face a maximum penalty of 12 years in federal prison. The indictment also notifies Fuentes Alfaro and Portilla Romero that the United States intends to forfeit assets alleged to be traceable to proceeds of the offense.

    According to court records, on April 2, 2025, Fuentes Alfaro and Portilla Romero were found with fraudulent Peruvian passports. Both fraudulent passports contained identifying information belonging to real individuals. Fuentes Alfaro was previously deported from the United States on March 3, 2020.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    An indictment is merely a formal charge that a defendant has committed one or more violations of federal criminal law, and every defendant is presumed innocent unless, and until, proven guilty.

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  • MIL-OSI Security: Bloomfield Resident Admits Role in Opioid Distribution Conspiracy

    Source: Office of United States Attorneys

    NEWARK, N.J. – A Bloomfield resident admitted participating in a conspiracy to distribute and possess with intent to distribute opioids, as well as unlawful distribution of opioids, U.S. Attorney Alina Habba announced.

    Danielle Molinari, 51, pleaded guilty before U.S. District Judge Madeline Cox Arleo in Newark federal court to an information charging her with one count of drug conspiracy and one count of distribution of, and possession with intent to distribute, oxycodone, a Schedule II controlled substance.

    According to documents filed in this case and statements made in court:

    Between February 2019 and March 2023, Molinari participated in a conspiracy to obtain medically unnecessary prescriptions for oxycodone, an opioid pain medication.  Once Molinari obtained the oxycodone through a prescription, she then sold the oxycodone to another individual in exchange for money. Over the course of the conspiracy, Molinari unlawfully distributed approximately 4,665 oxycodone pills.

    The two charges of drug conspiracy and distribution of oxycodone each carry a maximum penalty of 20 years in prison, and a fine of $1 million. Sentencing is scheduled for November 4, 2025.

    U.S. Attorney Habba credited special agents of the Federal Bureau of Investigation, under the direction of Acting Special Agent in Charge Terence G. Reilly, with the investigation leading to the guilty plea.

    The government is represented by Assistant U.S. Attorneys Chelsea D. Coleman and Jenny Chung of the Health Care Fraud and Opioids Abuse Prevention Unit in Newark.

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    Defense counsel: Joel Silberman, Esq., Jersey City, New Jersey

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  • MIL-OSI Africa: Africa Finance Corporation (AFC) Backs Mota-Engil Africa with EUR 100M Facility to Boost Gold Mining in West Africa

    Source: Africa Press Organisation – English (2) – Report:

    LAGOS, Nigeria, May 27, 2025/APO Group/ —

    Africa Finance Corporation (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that it has provided a EUR 100 million, 5year term facility to Mota-Engil Africa (MEA), the regional arm of the global construction giant, Mota -Engil Group. The funding will support the acquisition of equipment, inventories, and site infrastructure for the execution of three new gold- mining contracts in Côte d’Ivoire and Mali.

    AFC’s funding will enable Mota-Engil Africa to scale up operations in West Africa’s burgeoning mining sector, where gold remains a critical export commodity and a driver of local employment and foreign exchange earnings. The new mining contracts represent a significant boost for the mining industries in both Côte d’Ivoire and Mali, countries with substantial untapped mineral potential.

    The facility is another milestone in AFC and MEA’s longstanding strategic relationship with MEA, which began in 2016. AFC has played a leading advisory role in several of the institution’s recent landmark transactions including the new Bugesera International Airport project in Rwanda, the US$2 billion Kano Moradi rail project in Nigeria and the 1,289km Lobito I rail line project in Angola, where AFC is acting as financial adviser to Lobito Atlantic Railway- the consortium comprising Mota Engil Africa, Trafigura and Vecturis SA.

    Commenting on the transaction, Samaila Zubairu, President & CEO of Africa Finance Corporation, said:

    “This transaction underscores the strength of our decade-long relationship with Mota-Engil Africa and our shared vision to deliver sustainable economic transformation across Africa. Gold continues to be a vital economic driver for many African nations, and through this investment, AFC is helping to unlock long-term value- supporting export earnings, job creation, and broader industrial development of the region.”

    Manuel Mota, Chairman, Mota-Enjil Africa said: “Today marks a significant milestone for Mota-Engil Africa. We are proud to announce the successful closing of financing for three new mining projects, in partnership with Africa Finance Corporation. This achievement reflects not only the strength of our project portfolio but also the confidence that premier institutions like AFC place in our strategy, our capabilities, and our people.”

    This latest investment builds on AFC’s strategy to expand its portfolio into critical contractor financing initiatives across Africa; not only supporting the execution of critical public and private sector projects but unlocking much needed on and off-balance sheet financing opportunities. Notably, AFC is also the commercial tranche financier of the 186 Metallic Bridges project being constructed by Conduril Engenharia S.A. in Angola. AFC continues to work with contractors, providing critical funding to unlock value and to close the infrastructure gap, driving industrialisation, economic resilience, and sustainable development across the continent.

    MIL OSI Africa –