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  • MIL-OSI: Alleged Securities Fraud at MediPharm Labs Says Apollo Capital

    Source: GlobeNewswire (MIL-OSI)

    Multiple Highly Credible Sources Reveal Disturbing Evidence of Alleged Systemic Violations of Securities Laws at MediPharm Labs; Immediate Regulatory Action Demanded

    Apollo Capital’s Six Director Nominees Are Committed to Restoring Transparency and Value to MediPharm’s Shareholders

    URGES SHAREHOLDERS TO VOTE THE GOLD PROXY CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND DISREGARD MEDIPHARM LABS’ GREEN PROXY CARD

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, today issued an urgent warning to shareholders, regulators, and the investing public concerning serious allegations of alleged extensive securities act disclosure violations committed by MediPharm Labs’ Board of Directors (the “Board”) and management team.

    Apollo Capital has received alarming reports from multiple highly credible and independent sources revealing that MediPharm Labs allegedly engaged in deliberate, systematic financial misfeasance and deceptive accounting practices aimed at grossly misleading investors and artificially inflating the Company’s reported revenues and stock valuation. Such allegations represent blatant violations of securities laws, fiduciary obligations, and ethical business conduct, potentially exposing MediPharm and its Board to serious legal and financial consequences.

    Given the grave seriousness and substantial credibility of these allegations, Apollo Capital urgently demands an immediate, robust investigation by regulatory authorities including the Ontario Securities Commission (OSC), the Toronto Stock Exchange (TSX), and the U.S. Securities and Exchange Commission (SEC). Apollo Capital further insists that MediPharm’s Board of Directors immediately cooperate fully with all regulatory investigations, transparently disclose all related information, and suspend any management or Board members implicated in these serious allegations pending investigation outcomes.

    Apollo Capital has received credible information regarding these allegations directly from a current MediPharm Labs Board member, specifically implicating MediPharm’s Chairman, Chris Taves, Managing Director and Head of Capital Markets for Asia at BMO and a CPA, in orchestrating schemes to intentionally overstate Company revenues. It is curious that starting recently, Chris Taves serves as both the Board Chair and the Audit Committee Chair. Sources allege that MediPharm engaged partners in deceptive practices to artificially boost revenue reporting, misleading investors into perceiving growth where none truly existed.

    Apollo Capital demands to know if this is the reason that Michael Bumby just stepped down as Audit Committee Chair and has not stood for re-election to the MediPharm Board.

    “These allegations paint a profoundly troubling picture of calculated corporate conduct to overstate revenues and in turn mislead shareholders,” stated Apollo Capital. “Immediate transparency, accountability, and significant leadership changes are essential to restore credibility at MediPharm. The current Board and management owe shareholders an obligation to take immediate and decisive action to prevent further damage.”

    Apollo Capital directly challenges each MediPharm Board member—Shelley Potts, Michael Bumby, Chris Halyk, Chris Taves, Keith Strachan, and David Pidduck—to publicly address these allegations openly and transparently. Apollo Capital reiterates its repeated calls for full disclosure, particularly emphasized in its press release asking about these misfeasance allegations before MediPharm’s Q1 earnings call and its follow-up press release highlighting the Company’s disastrous financial performance and refusal to answer shareholder questions. Any Board member failing to acknowledge and publicly address these allegations will be perceived as complicit in the alleged misfeasance.

    In its news release prior to the Q1 earnings call, the first question that Apollo Capital urged MediPharm shareholders to ask the management team was:

    “These numbers aren’t even audited and MediPharm has been accused of misleading accounting practices in the past, including relating to revenue. Why should anyone believe anything that you say? Are you currently recognizing revenue the same way that you were two years ago? Please answer this question clearly without wordplay, subterfuge or material misrepresentations.”

    For the integrity of the capital markets, Apollo Capital demands that each board member of MediPharm Labs – Shelley Potts, Michael Bumby, Chris Halyk, Chris Taves, Keith Strachan, and David Pidduck – answer the question above.

    As a significant shareholder, Apollo Capital insists on a thorough audit to clarify how much of MediPharm’s claimed ‘profitability’, ‘revenue’, and ‘growth’ have been engineered though improper accounting.

    Apollo Capital remains committed to aggressively pursuing accountability, transparency, and the protection of shareholder interests, and will vigilantly monitor ongoing developments.

    MediPharm Labs Shareholders can visit www.CureMediPharm.com, to sign up for important campaign updates.

    VOTE THE GOLD PROXY CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND DISREGARD MEDIPHARM LABS’ GREEN PROXY CARD

    To access Apollo Capital’s Circular and related proxy materials, including a proxy or voting instruction form, visit SEDAR+ at www.sedarplus.ca.

    Contacts
    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    CureMediPharm@gasthalter.com

    Legal Disclosures
    Information in Support of Public Broadcast Exemption under Canadian Law

    In connection with the Annual Meeting, Apollo Capital has filed an amended and restated dissident information circular (the “Circular”) in compliance with applicable corporate and securities laws. Apollo Capital has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of Apollo Capital’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also able to obtain free copies of the Circular and other relevant documents by contacting Apollo Capital’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com.

    Proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by Apollo Capital and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by Apollo Capital is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of Apollo Capital who will not be specifically remunerated therefor. In addition, Apollo Capital may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy Advisors (“Carson Proxy”) for solicitation and advisory services in connection with the solicitation of proxies for the Meeting, for which Carson Proxy will receive a fee not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide Apollo Capital with certain communications, public relations and related services, for which G&Co will receive a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that Apollo Capital’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of Apollo Capital nor any of their associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of Apollo Capital nor any of their associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than setting the number of directors, the election of directors, the appointment of auditors and the approval of the ordinary resolution approving, among other things, the Company’s amended and restated equity incentive plan dated May 8, 2025 and the unallocated awards available thereunder.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of Apollo Capital and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and Apollo Capital disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Apollo Capital hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    The MIL Network –

  • MIL-OSI: Flywire Accepted into Global Luxury Travel Group Virtuoso®

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 29, 2025 (GLOBE NEWSWIRE) — Flywire Corporation (NASDAQ: FLYW) (Flywire), a global payments enablement and software company, announced that it has been accepted into Virtuoso®’s exclusive portfolio of luxury travel partners, comprising 2,300 preferred suppliers in 100 countries. Inclusion in Virtuoso will provide Flywire new sales and marketing opportunities to the network’s luxury travel advisors and their highly desirable clientele. Virtuoso agencies worldwide sell an average of (U.S.) $35 billion annually, making the network one of the most significant players in luxury travel.

    “Virtuoso’s acceptance process is incredibly selective, so becoming a preferred partner is an honor for Flywire,” said Colin Smyth, SVP and GM of Travel at Flywire. “The reputation that Virtuoso member agencies have for outstanding dedication to their clients complements Flywire’s approach to service. Now that we’re part of this renowned network, we look forward to offering Virtuoso advisors and their clients the convenient, secure and streamlined payment experiences that they’ve come to expect from Flywire.”

    Flywire joins Virtuoso’s collection of the finest luxury hotels, resorts, cruise lines, airlines, tour operators and other travel entities worldwide. These partners, which specialize in world-class client service and experiences, provide superior offerings, rare opportunities and exceptional value for Virtuoso clients. These prestigious providers can market to Virtuoso clients via network vehicles and to Virtuoso agencies through multiple communications channels and events, including Virtuoso Travel Week, luxury travel’s preeminent worldwide gathering. Flywire’s acceptance into Virtuoso gives it direct relationships with the world’s leading leisure travel agencies in North and Latin America, the Caribbean, Europe, Asia-Pacific, Africa and the Middle East.

    “We’re proud to include Flywire as part of our Technology Partner Community – a program designed to provide our network with access to leading technology innovators across the industry,” said Virtuoso’s Senior Vice President, Global Products Thatcher Brown. “Flywire is a standout in the payments and software space, offering a secure, global solution that drives operational efficiency. By connecting our preferred partners and member agencies with companies like Flywire, we empower them to stay informed and make the best strategic decisions for their businesses.”

    Trusted by thousands of luxury travel brands, Flywire enables tour operators, destination management companies, accommodation providers and other luxury businesses to offer high-end travelers a seamless and secure payment experience, all around the world. Backed by a powerful global payment network that supports more than 140 currencies and diverse payment methods, Flywire allows international travelers to pay in their preferred way, eliminating confusion and unexpected fees associated with foreign exchange. For providers, Flywire provides transparent pricing, real-time payment tracking and around-the-clock multilingual support, as well as high-end software integrations that automate reconciliation and reduce back-office work. Additionally, Flywire streamlines the commission payment experience between buyers and suppliers in the luxury travel ecosystem.

    Resources

    • To learn more about Flywire’s software and payment solutions for the global travel industry, visit here
    • Flywire recently commissioned a survey of 500+ ultra luxury travelers from the U.S. on their travel preferences. For data points and key takeaways, please visit: Flywire’s annual luxury travel report.

    About Flywire

    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports more than 4,600 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X , LinkedIn and Facebook.

    About Virtuoso

    Virtuoso® is the leading global travel agency network specializing in luxury and experiential travel. This by-invitation-only organization comprises over 1,200 travel agency locations with more than 20,000 travel advisors in 58 countries throughout North America, Latin America, the Caribbean, Europe, Asia-Pacific, Africa and the Middle East. Drawing upon its preferred relationships with 2,300 of the world’s best hotels and resorts, cruise lines, airlines, tour companies and premier destinations, the network provides its upscale clientele with exclusive amenities, rare experiences and privileged access. Normalized annual sales of (U.S.) $35 billion make Virtuoso a powerhouse in the luxury travel industry. For more information, visit www.virtuoso.com.

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations of the potential benefits of and opportunities from being a preferred partner. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Media Contacts:

    Sarah King
    Flywire
    Media@Flywire.com 

    Misty Belles
    Vice President, Global Public Relations
    Virtuoso
    Phone: +1.202.553.8817
    Email: mbelles@virtuoso.com

    Investor Contacts:

    Masha Kahn
    IR@Flywire.com 

    The MIL Network –

  • MIL-OSI: Best Payday Loans Without Credit Check: Payday Loans Near Me For Bad Credit – Money Mutual

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, Nevada, May 29, 2025 (GLOBE NEWSWIRE) —

    Key Takeaways

    • This article provides an overview of the best payday loans without credit checks, along with essential information to consider before applying.
    • Payday loans without credit checks often come with extremely high interest rates (sometimes 400% APR or higher)
    • Most legitimate lenders perform some type of credit check, but some focus on income rather than credit score
    • Alternative options like cash advances, credit union loans, and payment plans are usually cheaper than payday loans
    • Payday loans should only be used for genuine financial emergencies when all other options are exhausted
    • Always verify a lender’s license and reputation before providing personal information
    • Repay on time to avoid additional fees and debt traps that can worsen your financial situation
    • Never borrow more than you can realistically repay from your next paycheck

    Money problems always come at the worst time — like when your wallet is empty but bills keep piling up. Maybe your car broke down, your roof is leaking, or you have sudden medical expenses. And payday is still days away. It’s easy to feel stressed and unsure what to do next.

    For people with bad credit or no credit history, regular banks usually say no. This leaves many Americans looking everywhere for quick cash options. That’s why payday loans without credit checks seem so attractive – they offer fast money without looking at your credit history.RetryClaude can make mistakes. Please double-check responses.

    START WITH A SIMPLE APPLICATION TO SEE IF YOU QUALIFY FOR A LOAN THAT FITS YOUR NEEDS

    But are these loans really your best choice? This guide covers everything about best payday loans without credit check – the good parts, the bad parts, and other options you might not know about. We’ll show you what you’re really getting into and how to avoid expensive mistakes.

    What Are Payday Loans and Their Challenges?

    Payday loans are small, short-term loans designed to be repaid when you get your next paycheck – usually within two weeks. They typically range from $100 to $1,000, depending on your state’s laws and your income level.

    The process seems simple: You write a post-dated check or authorize an electronic debit from your bank account for the loan amount plus fees. The lender gives you cash on the spot or deposits money into your account. When your next payday comes around, the lender cashes your check or withdraws the money electronically.

    Sounds straightforward, right? Here’s where things get tricky:

    • Sky-high costs: Payday loans often charge fees that amount to annual percentage rates (APRs) of around 400% or higher. For comparison, credit cards typically have APRs between 12% and 30%.
    • The debt cycle trap: Many borrowers can’t pay back the full amount when their next paycheck arrives. The lenders know this and offer to “roll over” the loan for an additional fee. This can start a dangerous cycle where you keep paying fees every two weeks without reducing the original loan amount.
    • Financial quicksand: What starts as a $300 loan can balloon into over $1,000 in debt within just a few months if you keep extending the loan.

    FIND OUT IF YOU QUALIFY BEFORE YOU APPLY WITH A FREE CHECK

    What Are the Best Payday Loans Without Credit Check?

    The best payday loans without credit check are those that offer fast approval, reasonable fees, and transparent terms without requiring a hard credit inquiry. While most payday lenders perform some credit verification, a few lenders focus primarily on income and other factors instead of your credit score.

    Some alternatives to traditional payday loans include:

    • Money Mutual — uses AI to evaluate your overall financial profile, not just credit score, and offers fast funding with lower rates.
    • Credit union Payday Alternative Loans (PALs) — offer lower interest rates and longer repayment terms.
    • Cash advance apps like Earnin or Dave — provide small advances on earned wages with minimal fees.

    Key features to look for in the best payday loans without credit check:

    • Clear, upfront fees and APR under 36% when possible
    • Flexible repayment terms that fit your budget
    • Transparent application process with no hidden charges
    • Positive borrower reviews and verified licensing

    CHECK IF YOU QUALIFY QUICKLY WITH A SIMPLE, NO-OBLIGATION APPLICATION

    Types of Loans Available for People with Bad Credit

    When your credit isn’t great, you still have several loan options besides traditional payday loans:

    • Personal loans for bad credit: Some online lenders specialize in working with people who have credit challenges. Their rates are higher than prime loans but much lower than payday loans.
    • Secured loans: By putting up collateral (like your car title), you might qualify for better rates. The risk? You could lose your property if you can’t repay.
    • Payday alternative loans (PALs): Many credit unions offer these small-dollar loans with much more reasonable terms than standard payday loans.
    • Credit-builder loans: These unique loans are designed specifically to help rebuild your credit while borrowing small amounts.
    • Peer-to-peer loans: Online platforms connect borrowers directly with individual investors, sometimes resulting in more flexible approval standards.

    How to Choose the Best Payday Loan Without a Credit Check?

    When you’re dealing with credit challenges, not all loans are created equal. The best payday loans without credit check share these important features:

    • Reasonable costs: Even with bad credit, the best lenders won’t charge you outrageous fees. Look for APRs under 36%, which consumer advocates consider the upper limit of affordability.
    • Clear, honest terms: Good lenders explain exactly what you’ll pay, when it’s due, and what happens if you can’t pay on time. No surprises!
    • Manageable payments: The best loans fit into your budget without requiring financial gymnastics. You should be able to pay for essentials like housing, food, and utilities while making loan payments.
    • Credit bureau reporting: If you’re going to take on debt, you might as well get credit for paying it back responsibly. Choose lenders that report your on-time payments to at least one credit bureau.
    • No prepayment penalties: Life happens. If you come into some extra cash, you should be able to pay off your loan early without getting hit with extra fees.

    Tips for Finding the Best Payday Loans Without Credit Check

    While true “no credit check” loans are rare from legitimate lenders, some do place less emphasis on your credit score. Here’s how to find the best options and avoid the worst:

    • Research the lender thoroughly: Check their reviews on sites like Trustpilot and the Better Business Bureau. Look for patterns of complaints about hidden fees or aggressive collection practices.
    • Verify their license: Legitimate lenders must be licensed in the states where they operate. Check your state’s financial regulation department website to confirm a lender’s status.
    • Read the fine print: Before signing anything, understand exactly what you’re agreeing to. Pay special attention to the APR, repayment schedule, and what happens if you can’t pay on time.
    • Watch for red flags: Be suspicious of lenders who guarantee approval, pressure you to borrow more than you need, or don’t have a physical address.
    • Have your documents ready: To speed up the process, gather proof of income (pay stubs), bank statements, ID, and proof of residence before applying.

    SEE HOW MUCH YOU CAN BORROW WITH JUST A QUICK ELIGIBILITY CHECK

    Money Mutual: A Best Choice for Payday Loan Without Credit Check

    While not strictly a payday lender, Money Mutual has become a popular option for people with limited or damaged credit who are searching for the best payday loans without credit check and need quick cash.

    Unlike traditional payday lenders, Money Mutual is a legitimate online lending platform that uses artificial intelligence to evaluate borrowers. Founded by former Google employees in 2012, Money Mutual takes a unique approach to lending.

    Instead of focusing exclusively on your credit score, they look at factors like your education, job history, and earning potential. This alternative approach often helps people qualify who might get rejected elsewhere.

    Key features that make Money Mutual stand out:

    • Fast funding: Most approved borrowers receive their money within one business day.
    • Reasonable loan amounts: You can borrow between $1,000 and $50,000, much more flexible than traditional payday loans.
    • Fair rates for most borrowers: While rates vary based on your profile, they’re typically much lower than payday loans.
    • Simple online application: The entire process takes place online and can be completed in minutes.
    • Soft credit pull to check rates: You can see what you qualify for without hurting your credit score.

    What Sets Money Mutual Apart from Other Lenders?

    Money Mutual differentiates itself from both traditional banks and payday lenders in several important ways:

    • Personalized Loan Options: Rather than using a one-size-fits-all approach, Money Mutual tailors loan offers based on your unique financial situation and potential.
    • Transparent Terms: Money Mutual clearly explains all costs upfront, including origination fees (typically 0-8% of the loan amount) and interest rates.
    • Competitive Interest Rates: While rates vary widely based on your profile, they typically range from 5.4% to 35.99% APR – much lower than payday loans but higher than prime bank loans.
    • Excellent Customer Service: Money Mutual’s customer support team is available by phone, email, or chat to answer questions about your application or loan.
    • Fixed payment schedule: Unlike payday loans that can trap you in a cycle of debt, Money Mutual loans have fixed terms (typically 3 or 5 years) with predictable monthly payments.

    FIND OUT YOUR LOAN OPTIONS IN MINUTES WITHOUT AFFECTING YOUR CREDIT SCORE

    How Money Mutual Supports Credit Rebuilding?

    Beyond just providing access to funds, Money Mutual can actually help improve your credit situation:

    • Reports to All Major Credit Bureaus: Your on-time payments are reported to Experian, Equifax, and TransUnion, helping build positive credit history.
    • Financial Education Resources: Money Mutual provides articles and tools to help borrowers better understand and manage their finances.
    • No Prepayment Penalties: If your financial situation improves, you can pay off your loan early without any extra fees.
    • Manageable Payment Schedule: Regular, affordable payments help establish good payment habits that benefit your overall financial health.

    How to Apply for a Payday Loan Alternative Successfully?

    Whether you choose Money Mutual or another lender, here’s how to maximize your chances of approval:

    • Step 1: Check your credit report first. Get your free reports from AnnualCreditReport.com and fix any errors before applying.
    • Step 2: Calculate exactly how much you need. Borrow only what’s necessary for your emergency, not extra for wants.
    • Step 3: Gather your documentation. Have recent pay stubs, bank statements, ID, and proof of address ready.
    • Step 4: Compare multiple lenders. Don’t take the first offer – rates and terms can vary dramatically.
    • Step 5: Apply during business hours. If verification questions come up, customer service can help immediately.
    • Step 6: Be completely honest. Lying on loan applications is fraud and will eventually catch up with you.
    • Step 7: Read everything before signing. Never rush through the agreement, no matter how urgently you need the money.

    READY TO SEE IF YOU QUALIFY? START YOUR SIMPLE APPLICATION NOW

    Alternatives to Loans for Improving Your Credit

    Sometimes the best loan is no loan at all. Before taking on debt, consider these alternatives:

    • Payment plans: Many medical providers, utilities, and even mechanics will work out payment plans if you ask.
    • Local assistance programs: Community organizations, religious groups, and government agencies often provide emergency assistance for utilities, food, and other necessities.
    • Credit union payday alternative loans (PALs): Federal credit unions offer PALs with APRs capped at 28% and longer repayment terms than payday loans.
    • Cash advance apps: Services like Earnin, Dave, and Brigit let you access small amounts of your earned wages before payday for minimal fees.
    • Side gigs: Temporary work through platforms like Uber, DoorDash, or TaskRabbit can generate quick cash without debt.
    • Secured credit cards: With a small deposit, you can get a secured credit card that helps build credit with responsible use.
    • Credit counseling: Nonprofit organizations like the National Foundation for Credit Counseling offer free or low-cost financial guidance to help you create a sustainable budget.

    Conclusion

    When financial emergencies strike and your credit isn’t perfect, the best payday loans without credit check might seem like your only option. But now you know that better alternatives exist, from Money Mutual’s AI-powered personal loans to credit union PALs to community assistance programs. If you absolutely must use a payday loan, borrow the smallest amount possible, have a concrete plan to repay it on time, and avoid rollovers at all costs. Remember that each rollover digs your financial hole deeper.

    The best long-term strategy isn’t finding better loans – it’s building financial stability through budgeting, saving, and improving your credit score. Even small steps like putting aside $5 per paycheck or paying bills on time can eventually lead to major improvements in your financial health.

    Emergency expenses are inevitable, but predatory debt doesn’t have to be. With the knowledge and resources from this guide on the best payday loans without credit check, you can navigate financial challenges more confidently while protecting your long-term financial wellbeing.

    APPLY EASILY TO FIND OUT WHAT LOANS YOU MAY QUALIFY FOR TODAY

    FAQs About Payday Loans Without Credit Checks

    Can you get a payday loan without a credit check?

    Some storefront payday lenders advertise “no credit check” loans, but most still verify your income and banking information. These loans typically come with extremely high fees and interest rates to compensate for the increased risk to the lender.

    Where is the easiest place to get a payday loan with bad credit?

    Local storefront payday lenders in states with relaxed lending laws typically offer the highest approval rates for bad credit borrowers. Online lenders like CashNetUSA and Advance America also commonly approve bad credit applications as long as you can prove steady income.

    What is the easiest loan to get with no credit?

    Secured loans using collateral (like pawn shop loans or title loans) are typically easiest to get with no credit history. Cash advance apps like Earnin or Dave are also accessible options for small amounts if you have regular direct deposits.

    Can I get a payday loan with a 500 credit score?

    Yes, most payday lenders will approve loans with a 500 credit score as they focus primarily on your income rather than credit history. You’ll typically qualify as long as you can show proof of regular income and meet their minimum earnings requirement (usually $1,000+ monthly).

    How to get $2,000 fast with bad credit?

    Try personal loans from bad-credit lenders like Money Mutual, OppLoans, or local finance companies that offer installment options. Credit union payday alternative loans (PALs) or secured loans using your vehicle or valuables as collateral are also viable options for getting $2,000 quickly.

    Is Fast Loan Advance Legit?

    Yes, Fast Loan Advance is a legitimate platform that connects borrowers with multiple lenders offering personal loans. However, it is not a direct lender and may share your information with several lenders, which can result in multiple credit inquiries. While many users find the application process simple and fast, some report high fees and aggressive marketing. Always review loan terms carefully before applying.

    Mail: customerservice@moneymutual.com

    Disclaimer

    The information provided in this article is for general educational and informational purposes only and does not constitute financial advice. Loan terms, approval rates, and interest rates vary by lender and individual applicant qualifications. Always read the full terms and conditions before applying for any loan. We are not a lender and do not guarantee approval or specific loan outcomes. Consult with a licensed financial advisor or the lender directly to understand your options and obligations. Use payday and personal loans responsibly and only when necessary.

    Attachment

    The MIL Network –

  • MIL-OSI United Nations: 28 May 2025 Departmental update Road safety takes centre stage at world’s leading transport forum

    Source: World Health Organisation

    Transport ministers from 69 countries adopted a landmark road safety policy recommendation for governments and agreed to pilot a new road safety assessment framework for business at the International Transport Forum (ITF) Summit in Leipzig, Germany, on 22 May 2025.

    Nearly 1.2 million people are killed on the world’s roads each year, and road crashes are the leading cause of death among children and young people aged 5–29 years worldwide. 

    Produced with WHO support, the Policy recommendation on comprehensive road safety policy urges governments to adopt evidence-based, safety-focused, well-coordinated and inclusive road safety approaches that best fit each location and to focus on where the most lives can be saved. 

    “This is great news. It could enlighten the way transport policies are implemented. We received support and contributions from NGOs and the World Health Organization that were really relevant,” said Juan Carlos Muñoz, Chilean Minister of Transport and President of the ITF. 

    The road safety policy guide, along with new guidance on artificial intelligence (AI) in transport, is the first policy recommendation made by the ITF – the world’s largest gathering of transport ministers – in three years. The theme of the summit was “transport resilience to global shocks”.

    “There are extremely important links between resilient transport systems and strengthening health and safety. Resilient transport should first and foremost be safe and healthy,” said Dr Nhan Tran, Head of Safety and Mobility at WHO, during a ministerial session at the summit.

    Business matters

    The private sector has a huge and crucial role in ensuring safe and sustainable mobility and a ministerial session at the summit focused on working with business for resilient transport.

    “The private sector brings innovation, agility and in-depth operational expertise. Our challenge is to institutionalize these [public-private] partnerships,” said Mr Muñoz in his opening remarks to the session. 

    WHO and the ITF launched a new Global road safety assessment framework for corporate action and reporting to support businesses in integrating robust road safety practices into their operations and value chains in support of global efforts to reduce road deaths and injuries.   

    “Around one third of all road deaths occur among corporate value chains and we are delighted to support the new road safety assessment framework for business. It is an important platform to track corporate performance against global standards and best practices for road safety,” said Dr Tran.

    The framework builds on existing international instruments to identify best practices, extends safety management to workforce commuting and contractual relations with suppliers and distributors, and will ensure international reporting standards are applied. 

    Companies that adopt the framework can expect to cut the leading cause of workplace injuries, with reduced disruption, improved employee well-being, and an enhanced corporate reputation. 

    The development of the framework began on a request from transport ministers from over 60 countries in May 2024. They are now working with business to pilot and refine the framework.

    Moving forward

    The ITF summit marked a key opportunity to advance commitments made at the Fourth Global Ministerial Conference on Road Safety that was held in Marrakech, Morocco, in February 2025. 

    WHO and the Government of Morocco hosted a ministerial session on implementing the resulting Marrakech Road Safety Declaration, including monitoring and reporting on progress, engaging all relevant actors, and creating incentives and regulations for private sector action. 

    “We are working with key regional bodies to design a robust follow-up mechanism for Africa. Our goal is to organize regional meetings that serve as checkpoints for progress and platforms for coordination, knowledge-sharing and policy alignment,” said Abdessamad Kayouh, Minister of Transport and Logistics of the Kingdom of Morocco.

    The WHO African Region accounts for nearly one-fifth of all global road deaths despite being home to just 15% of the world’s population and 3% of registered vehicles. Road deaths are rising in the region.

    “We must invest in institutional capacity, building strong, well-resourced road safety agencies and ensuring inter-ministerial coordination. Morocco hopes to reinforce a shared continental commitment and to drive tangible improvements in road safety across Africa,” said Mr Kayouh.

    Mr Kayouh highlighted financing, upholding vehicle safety standards and improving efforts to collect, share and use data for policymaking as urgent priorities to boost progress in Africa.

    “The ITF summit is a powerful platform to advance road safety. But for us to truly deliver, we must elevate safety to the same level as climate, access and efficiency. Sustainable transport must, above all, be safe transport,” said Jean Todt, the UN Secretary-General’s Special Envoy for Road Safety.

    MIL OSI United Nations News –

  • MIL-OSI China: China highly concerned about EU investigation into Chinese tyres

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

    China is highly concerned about the European Union’s (EU’s) anti-dumping investigation into imports of tyres for passenger cars and light lorries from China, China’s Ministry of Commerce said on Thursday.

    At a regular press briefing, ministry spokesperson He Yongqian said that protectionist trade practices only increase the consumer burden, create trade barriers, disrupt the stability and smooth functioning of value and supply chains, and harm the interests of all sides.

    China has consistently advocated for the reasonable, prudent use of trade remedy measures and urges the EU not to impose trade restrictions rashly, but instead to address mutual concerns through dialogue and consultation, the spokesperson said.

    China will monitor the EU’s follow-up actions closely and safeguard the legitimate rights and interests of Chinese enterprises firmly, she added.

    She noted that this year marks the 50th anniversary of diplomatic ties between China and the EU, and that their bilateral agenda includes many important items.

    China will maintain dialogue and communication with the EU, handle economic and trade differences properly, deepen mutually beneficial cooperation, work to move China-EU economic and trade relations forward on a positive trajectory, and inject more certainty and positive momentum into bilateral ties and the global economy, the spokesperson said.

    MIL OSI China News –

  • MIL-OSI Russia: China’s rocket successfully completes vertical landing test to improve reusability technology

    Translation. Region: Russian Federal

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

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

    JINAN, May 29 (Xinhua) — A Chinese rocket startup has successfully conducted its first sea test of a proof-of-concept rocket, which made a vertical landing in waters off the coast of east China’s Shandong Province.

    On Thursday morning, the 26.8-metre-tall stainless steel rocket, which had a diameter of 4.2 metres and weighed 57 tonnes at liftoff, completed a 125-second flight, reaching an altitude of about 2.5 kilometres during its climb under full thrust.

    A video released by Beijing-based Space Epoch shows the XZY-1 rocket firing its engine as it descends, hovering over the sea surface before landing softly in a vertical position.

    Post-flight data analysis confirmed that the rocket had performed normally throughout the test, and experts declared the landing a success.

    It is one of the latest attempts by Chinese aerospace companies to develop reusable rockets. In 2024, at least two Chinese-made rockets, namely the Zhuque-3 and one developed by the Shanghai Academy of Spaceflight Technology, completed 10-kilometer vertical takeoff and landing (VTOL) tests in northwest China.

    In January of the same year, a GDP test was conducted on the experimental model of the reusable launch vehicle /LV/ “Kuaizhou” /”Fast Shuttle”/, developed by Expace Technology.

    In addition, tests of the SQX-2Y reusable launch vehicle developed by i-Space were conducted in 2023. -0-

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Man sentenced for importing £750,000 worth of cocaine29 May 2025 A 53-year-old man has been sentenced by the Royal Court to 11 years’ imprisonment for attempting to import three kilograms of cocaine, hidden under the rear seat of the vehicle he was driving. The street… Read more

    Source: Channel Islands – Jersey

    29 May 2025

    A 53-year-old man has been sentenced by the Royal Court to 11 years’ imprisonment for attempting to import three kilograms of cocaine, hidden under the rear seat of the vehicle he was driving. 

    The street value of the cocaine seized was £750,000. 

    On Saturday 15 February 2025, David Paul RHODES from Bromley, travelled to Jersey from Portsmouth onboard the Condor Islander, driving a grey Nissan Juke. 

    When stopped and questioned by Jersey Customs and Immigration Officers, he stated that he was visiting until the following Tuesday, having originally booked to travel with his girlfriend. Following an argument on Valentine’s Day, he said she had elected not to travel.

    The vehicle that RHODES was travelling in belonged to a long-term friend who agreed to allow him to borrow the vehicle to travel to Jersey. 

    A search of the vehicle was carried out, with the aid of a drug detector dog, which provided positive drug indications within the vehicle. Officers quickly discovered six vacuum sealed packages containing a white powder concealed beneath the rear seat of the vehicle. When RHODES was shown the packages, he denied knowing what they were.

    During interview he declined to provide any comment but later pleaded guilty to the offence.

    Paul Le Monnier, Senior Manager at Jersey Customs and Immigration Service, said: “In Jersey terms this was a significant seizure of cocaine destined for our streets and undoubtedly the seizure of this quantity of drugs has hurt the pockets of those concerned in organising the importation.” 

    Anyone with information on drug smuggling can report it anonymously via 0800 735 5555.​

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Latest council statement on injunction hearing

    Source: City of Birmingham

    Published: Thursday, 29th May 2025

    The city council has issued an updated statement on the injunction hearing on the waste service industrial action.

    “We are pleased that the court has ratified the Consent Order agreed with Unite yesterday that the injunction, which was granted by the High Court on Friday 23 May, will continue on an indefinite basis. This means that there will not be a court hearing at 2pm today.

    “This should ensure that vehicles are freely able to leave their depots and that workers are also able to continue to collect waste from the city. We have also agreed with Unite that the legal costs which the council incurred in securing the original injunction will be dealt with by the court at a later date.

    “As we have previously stated, we acknowledge that everyone has the right to protest and that Unite has the right to organise picketing in line with their statutory rights. The terms of the order which Unite has now agreed is designed to ensure that this is all done within the confines of the law.

    “In the meantime, our efforts to resolve the underlying industrial dispute will also continue.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: Gross Domestic Product (Second Estimate), Corporate Profits (Preliminary Estimate), 1st Quarter 2025

    Source: US Bureau of Economic Analysis

    Real gross domestic product (GDP) decreased at an annual rate of 0.2 percent in the first quarter of 2025 (January, February, and March), according to the second estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.

    The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports.

    Real GDP was revised up 0.1 percentage point from the advance estimate, reflecting an upward revision to investment that was partly offset by a downward revision to consumer spending. For more information, refer to the “Technical Notes” below.

    Compared to the fourth quarter, the downturn in real GDP in the first quarter primarily reflected an upturn in imports, a deceleration in consumer spending, and a downturn in government spending that were partly offset by upturns in investment and exports.

    Real final sales to private domestic purchasers, the sum of consumer spending and gross private fixed investment, increased 2.5 percent in the first quarter, revised down 0.5 percentage point from the previous estimate.

    The price index for gross domestic purchases increased 3.3 percent in the first quarter, revised down 0.1 percentage point from the previous estimate. The personal consumption expenditures (PCE) price index increased 3.6 percent, the same as previously estimated. Excluding food and energy prices, the PCE price index increased 3.4 percent, revised down 0.1 percentage point from the previous estimate.

    Real gross domestic income (GDI) decreased 0.2 percent in the first quarter, in contrast to an increase of 5.2 percent in the fourth quarter.

    Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) decreased $118.1 billion in the first quarter, in contrast to an increase of $204.7 billion in the fourth quarter.

    Real GDP and Related Measures
    (Percent change from Q4 2024 to Q1 2025)
      Advance Estimate Second Estimate
    Real GDP -0.3 -0.2
    Current-dollar GDP 3.5 3.4
    Real final sales to private domestic purchasers 3.0 2.5
    Real GDI … -0.2
    Average of real GDP and real GDI … -0.2
    Gross domestic purchases price index 3.4 3.3
    PCE price index 3.6 3.6
    PCE price index excluding food and energy 3.5 3.4
    For definitions, statistical conventions, updates to GDP, and more, visit “Additional Information.”

    Next release:
    June 26, 2025, at 8:30 a.m. EDT
    Gross Domestic Product (Third Estimate)
    Corporate Profits (Revised Estimate)
    Gross Domestic Product by Industry
    1st Quarter 2025

    Technical Notes

    Sources of revisions to real GDP in the second estimate

    Real GDP decreased at an annual rate of 0.2 percent (less than 0.1 percent at a quarterly rate1), an upward revision of 0.1 percentage point from the previous estimate, primarily reflecting an upward revision to investment that was partly offset by a downward revision to consumer spending.

    • Within investment, an upward revision to private inventory investment primarily reflected an updated BEA adjustment to Census Bureau book value data to account for notable increases in imports. Updated and newly available information on the industries impacted the adjustment and led to an upward revision to nondurable goods manufacturing (specifically, chemical manufacturing) that was largely offset by a downward revision to nondurable goods wholesale trade (drugs and sundries). Private inventory investment in other industries (mainly, information) was also revised up, based on new Census Bureau Quarterly Financial Report data.
    • The downward revision to consumer spending reflected downward revisions to services and goods.
      • Within services, the downward revision was led by health care, recreation services, and financial services and insurance, based primarily on new data from the Census Bureau Quarterly Services Survey.
      • Within goods, the downward revision was led by food and beverages and by recreational goods and vehicles, based on revised Census Bureau Monthly Retail Trade Survey data.

    More information on the source data and BEA assumptions that underlie the first-quarter estimate is shown in the key source data and assumptions table.

    1 Percent changes in quarterly seasonally adjusted series are displayed at annual rates, unless otherwise specified. For more information, refer to the FAQ “Why does BEA publish percent changes in quarterly series at annual rates?“.

    MIL OSI USA News –

  • MIL-OSI: Vivakor Revenue Soars 133% in Q1 2025 to $37.3M Gross Profit Up 345% with Record Asset Base

    Source: GlobeNewswire (MIL-OSI)

    Margins and EBITDA Remained Strong Due to Performance of our Transportation Logistics Segment

    Dallas, TX, May 29, 2025 (GLOBE NEWSWIRE) — Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation service, today announced financial and operational results for the three months ended March 31, 2025.

    Key Financial Highlights for the Three Months Ended March 31, 2025 (yoy):

    • Revenue increased 133% to $37.3 million;
    • Gross profit increased 345% to $4.8 million;
    • Gross margin of 12.7%;
    • Adjusted EBITDA increased to $2.5 million;
    • Total assets at $248.2 million; and
    • Stockholders’ equity at $108.8 million.

    Revenue breakdown:

    • Terminaling and storage at $21.8 million;
    • Terminaling and storage (related party) at $2.0 million;
    • Transportation logistics at $11.0 million; and
    • Transportation logistics (related party) at $2.5 million.

    Management Commentary

    Vivakor Chairman and Chief Executive Officer James Ballengee commented, “Our first quarter results were as expected and demonstrate the strength of our long-term contracts. While transportation volumes were down slightly due to the impact of global events and the uncertainty associated with such, our margins remained relatively flat, as we adjusted our framework of operating expenses. And as crude oil pricing dropped from the mid-$70’s to the mid-60’s during the quarter, our EBITDA remained flat.”

    Ballengee concluded, “Our midstream assets, comprised of vehicles and trailers, pipeline facilities, crude oil transfer stations, terminal equipment and storage tanks, are contracted at our highest revenue levels in company history. We are in midst of some expansion now with several more planned over time, which we anticipate will enable us to contract at even higher revenues to support increased demand. We believe 2025 is off to a great start and could shape up to be another record year.”

    Financial Results for Three Months Ended March 31, 2025

    • Revenue for the three months ended March 31, 2025 increased $21.3 million, or 133%, to $37.3 million, compared to $16.0 million for the three months ended March 31, 2024. This increase in revenue is primarily attributed to the sales of logistics and terminaling realized through the operations of our newly acquired Endeavor Entities’ businesses, which were acquired through a business combination and closed on October 1, 2024.
    • Gross profit for the three months ended March 31, 2025 increased $3.7 million, or 345%, to $4.8 million, compared to $1.1 million for the three months ended March 31, 2024. The resulting gross margin for the three months ended March 31, 2025 was 12.7%, compared to 6.7% for the three months ended March 31, 2024.
    • Operating loss for the three months ended March 31, 2025 increased $4.8 million, or 298%, to $6.4 million, compared to $1.6 million for the three months ended March 31, 2024. Operating loss of the three months ended March 31, 2025 included non-cash expenses totaling $8.2 million, consisting of depreciation and amortization expense of $5.8 million, stock-based compensation of $0.8 million and $1.6 million loss on disposition of assets; compared to the operating loss for the three months ended March 31, 2024, which included non-cash expenses totaling $1.3 million, comprised of $1.0 million of depreciation and amortization expense and $0.3 million in stock-based compensation for the three months ended March 31, 2024.
    • Adjusted EBITDA for the three months ended March 31, 2025 increased $327,000 to $319,000, compared to negative Adjusted EBITDA of $7,000 for the three months ended March 31, 2024. Our Adjusted EBITDA is calculated by adjusting earnings before interest, taxes, depreciation, and amortization (EBITDA) for non-cash or one-time expenses, including unrealized gains or losses on marketable securities, stock compensation expense, non-qualified stock option expense and loss on disposition of assets, which led to net adjustments to EBITDA for the three months ended March 31, 2025 and 2024 of approximately $6.7 million and $1.4 million, respectively.
    • Net loss for the three months ended March 31, 2025 increased $5.6 million, or 300%, to $7.5 million, compared to $1.9 million for the three months ended March 31, 2024. The resulting net loss per share of common stock loss for the three months ended March 31, 2025, was ($0.21), compared to a net loss per share of common stock of ($0.07) for the three months ended March 31, 2024.

    About Vivakor, Inc.

    Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States. Its corporate mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. Vivakor’s integrated facilities assets provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts.

    Once operational, Vivakor’s oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.

    For more information, please visit our website: http://vivakor.com

    Cautionary Statement Regarding Forward-Looking Statements

    This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Forward-looking statements may be identified but not limited by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including, but not limited to, , the expected transaction and ownership structure, the valuation of the transaction, the likelihood and ability of the parties to successfully and timely consummate planned acquisitions, the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect Vivakor or the expected benefits of the such transaction, our ability to maintain the listing of our securities on The Nasdaq Capital Market, the parties failure to realize the anticipated benefits of pending transactions, disruption and volatility in the global currency, capital, and credit markets, changes in federal, local and foreign governmental regulation, changes in tax laws and liabilities, tariffs, legal, regulatory, political and economic risks, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, and general economic conditions.

    These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor’s filings with the U.S. Securities and Exchange Commission, which factors may be incorporated herein by reference. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about Vivakor and the Endeavor Entities or the date of such information in the case of information from persons other than Vivakor and the Endeavor Entities, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding the Endeavor Entities industries and markets are based on sources we believe to be reliable; however, there can be no assurance these forecasts and estimates will prove accurate in whole or in part.

    Investors Contact:
    P:949-281-2606
    info@vivakor.com

    The MIL Network –

  • MIL-OSI Russia: China expresses deep concern over EU probe into Chinese tyres

    Translation. Region: Russian Federal

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

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

    BEIJING, May 29 (Xinhua) — China is deeply concerned about the European Union’s anti-dumping probe into imported passenger car and light truck tires from China, the Ministry of Commerce said Thursday.

    Answering a question on the topic at a regular press briefing, the agency’s spokesperson He Yongqian stressed that protectionist practices only lead to an increase in the consumer burden, the formation of trade barriers to the detriment of stability and the smooth functioning of value and supply chains, which is not in the interests of both parties.

    China, He Yongqian noted, has consistently advocated the reasonable and prudent use of trade defense measures and calls on the EU not to resort to reckless trade restrictions, but to resolve mutual concerns through dialogue and consultation.

    According to her, the Chinese side will closely monitor the EU’s further actions and will resolutely protect the legitimate rights and interests of Chinese enterprises.

    The official representative of the Ministry of Commerce noted that this year marks the 50th anniversary of the establishment of diplomatic relations between China and the EU, and the agenda of bilateral relations includes many important issues.

    “We will maintain dialogue and communication with the EU to properly handle economic and trade differences, deepen mutually beneficial cooperation, promote the development of China-EU economic and trade relations on a positive trajectory, and inject more certainty and positive energy into bilateral relations and the world economy,” He Yongqian said. -0-

    MIL OSI Russia News –

  • MIL-OSI: OSS Partners with U.S. Special Operations Command to Develop High Performance edge Computers (HPeC) for Austere Maritime Environments

    Source: GlobeNewswire (MIL-OSI)

    Partnership to develop rugged edge AI/ML compute solutions to improve cognitive dominance for U.S. Special Operations Forces

    Agreement aligns with OSS’ strategy to expand offerings and establish embedded relationships across the U.S. Department of Defense

    ESCONDIDO, Calif., May 29, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the Edge, today announced that the Company has entered into a Cooperative Research and Development Agreement (CRADA) with U.S. Special Operations Command (USSOCOM) to create advanced, durable High Performance edge Computer (HPeC) solutions that can process vast amounts of data quickly and efficiently in the field.

    Under the CRADA, OSS will demonstrate its current, cutting-edge AI and ML computing solutions designed specifically for rugged, edge environments to advance USSOCOM maritime platform performance and capabilities. The partnership leverages OSS’ expertise in designing Enterprise Class compute systems that operate in extreme conditions such as harsh climates or remote locations. Solutions under development will support a strategic initiative of USSOCOM, which seeks to enhance the situational awareness, decision-making, and operational capabilities of special operations forces (SOF) in maritime operations. By leveraging AI and ML at the edge, USSOCOM aims to improve cognitive dominance—enabling warfighters to process information faster than their adversaries, to make more informed decisions, and to ultimately achieve mission objectives with greater precision.

    “Our collaboration with USSOCOM will provide warfighters with more sophisticated and intelligent tools to improve their performance in increasingly complex and dynamic combat scenarios, thus reinforcing their competitive advantage on the battlefield,” commented Robert Kalebaugh, OSS VP of Sales. “SOF’s role within the U.S. Department of Defense continues to evolve across echelons, from man-worn to command center operations, and OSS is uniquely qualified to support the needs of U.S. Special Operation Forces.”

    “Today’s announcement also reflects our multi-year strategy focused on expanding our offerings and establishing relationships across all branches of the U.S. Armed Forces. The USSOCOM CRADA represents an important pillar as we continue to forge a relationship with one of the most innovative commands within the Department of Defense. We believe the Armed Forces will accelerate the adaptation of these types of Enterprise Class architecture which OSS provides for AI/ML, sensor fusion and autonomy applications across maritime, land, air, and space domains,” concluded Mr. Kalebaugh.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to the potential of the Cooperative Research and Development Agreement with the U.S. Special Operations Command, and any actual revenue derived from the Agreement. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network –

  • MIL-OSI: Lantronix to Showcase AI-Driven LM4 Out-of-Band Management Console Servers at Cisco Live San Diego

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., May 29, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that it will do live demos and daily giveaways of its LM4 AI-driven Out-of-Band Management (OOBM) platform at booth 3219 at Cisco Live held June 9–12, 2025, in San Diego.

    Lantronix, a Cisco Devnet Partner, has the most complete portfolio of out-of-band management console servers designed to reduce unscheduled network downtime for both traditional out-of-band access and automated management and recovery.

    Delivering “Out-of-Band Everywhere,” Lantronix’s LM4 is the industry’s first console server specifically designed, sized and priced for Intermediate Distribution Frames (IDFs) and compact environments such as ATMs, kiosks and network aggregation points. Engineered for healthcare, finance, utilities, telecommunications, government, retail and manufacturing, Lantronix’s LM4 delivers advanced automation, enterprise-grade compliance and cybersecurity capabilities, leveraging technology proven in military and financial networks.

    Serial console servers represented a nearly $400 million worldwide market, according to the Dell’Oro Group. AI data centers, co-location and GPU-as-a-Service represent the fastest-growing deployments for Lantronix, which reflects Dell’Oro’s forecast of data center capex to surpass $1 trillion by 2029.

    “At Cisco Live, we’re excited to showcase our innovative out-of-band solutions that empower our customers to utilize data-driven decision-making to make their networks more secure and reliable while automating routine tasks, enabling network admins to focus on other responsibilities,” said Todd Rychecky, general manager of Out-of-Band at Lantronix. “At Lantronix, we are devoted to producing groundbreaking solutions that help our customers be more efficient, secure and bottom-line focused.”

    Lantronix Speaking Session:

    • Session Title: “OOB Everywhere! How Advanced Console Servers Enhance Network Automation, Cybersecurity & Resilience”
    • Speaker: Eric Weiss, Product Line Director 
    • Date: Tuesday, June 10, 2025
    • Time: 2:30–2:40 p.m. PDT
    • Session Type: World of Solutions Session
    • Technology: Automation & Orchestration, Enterprise Architecture, Network Management
    • Track: Networking

    AI-Driven Out-of-Band Management Everywhere

    An advanced out-of-band management platform, the small yet powerful LM4 provides access, continuous monitoring and automated remediation of issues as well as control of network infrastructure devices. Operational whether the network is up or down, the expert system uses rules-based AI to recover and mitigate network infrastructure automatically, including reliable and secure access to remote gear during an outage. With up to four ports of serial console connections for directly managing gear plus support for up to 48 virtual ports, the LM4’s compact size and affordable price enables network managers to utilize out-of-band everywhere, including many locations previously considered too small and numerous for advanced out-of-band management.

    Running the powerful LMOS software, the LM4 brings the power of NOC-based software to the network’s edge to create a separate management plane in the rack with network infrastructure. With continuous monitoring and automated runbook responses, the LM4 can detect and solve issues before traditional NOC-based tools even know there is an issue. LMOS features a granular authorization model that integrates with existing access controls as well as automated change management functions, including the ability to store multiple config and OS files with local backups to enable automated rollback of failed config changes.

    Standardize on Lantronix LM-Series Solutions for Enterprise-Grade OOB Management

    The LM4 runs the same LMOS software as the LM83X and LM80 console servers, expanding the LM-Series console access options anywhere from 2–104 ports. The LM-Series is centrally managed by the Lantronix Control Center, which is available to run on-premises as a VM or hosted in the cloud. Lantronix’s LM-Series products allow customers to standardize their out-of-band management and deploy enterprise-grade functionality and AI-driven automation at all points in the network. The result is a more resilient network that’s easier to manage with fewer issues, reduced support truck rolls and stronger security and compliance.

    Lantronix is the go-to source for out-of-band innovations, providing a suite of reliable, secure and easy-to-deploy solutions, all supported by its exceptional service team. Easy to use, with resilient out-of-band access, onboard processing / storage and LMOS software, Lantronix’s LM-Series serial console servers are deployed in enterprises worldwide ranging from ultra-secure military and financial networks to downtime-intolerant networks in healthcare and energy.

    At Cisco Live, Lantronix will also feature:

    • LM83X, delivering AI-driven out-of-band management of 8–104 devices over serial console connections in a scalable and robust console server with dual power inputs. 
    • LM80, providing a fixed 8-port serial AI-driven out-of-band management solution that can automate a majority of routine IT maintenance and recovery tasks quickly and error-free.
    • Lantronix Control Center, a single pane of glass for managing all LM-Series devices for secure remote access as well as for automating management of each of the connected network infrastructure devices. It is a single source for Authorization-Authentication-Accounting (AAA) controls, creating monitoring and action rules without scripting, centrally archiving both monitored device operating system and configuration files and compliance reporting.
    • Additional Lantronix out-of-band management solutions, including its SLC8000 modular device console manager, EMG8500 edge management gateway, G520, IoT cellular gateways, X300 IoT Gateway solution and Percepxion™ IoT edge solutions management platform.

    About Lantronix
    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    Lantronix Media Contact:        
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com

    Lantronix Analyst and Investor Contact:        
    investors@lantronix.com

    The MIL Network –

  • MIL-OSI: Form 8.3 – [CRANEWARE PLC – 28 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 CRANEWARE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 28 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,702,553 4.8081    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,702,553 4.8081    

    NOTE: On 28/05/2025, 1,665 shares were transferred out by a discretionary client.

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 580 2012p
    1p ORDINARY SALE 158 2045p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 29 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: Form 8.3 – [GLOBALDATA PLC – 28 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 GLOBALDATA PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 28 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.01p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 10,993,833 1.3631    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 10,993,833 1.3631    

    NOTE: On 28/05/2025, 15,500 shares were transferred out by a discretionary client.

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.01p ORDINARY SALE 1,800 179.8101p
    0.01p ORDINARY SALE 1,875 184.65p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 29 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI United Kingdom: Sustainable scallop harvesting, safety and supply chain improvements

    Source: United Kingdom – Executive Government & Departments

    Case study

    Sustainable scallop harvesting, safety and supply chain improvements

    Thanks to the Fisheries and Seafood Scheme (FaSS) a small scale coastal fishing business has been able to invest in safety upgrades, eco-friendly vessel maintenance and infrastructure to maintain catch quality and market value.

    Key Facts

    • Applicant name: Greenstraight Scallops Ltd

    • Location: Dartmouth, South West, England
    • Type of project: Improving safety, promoting sustainability, enhancing supply chain infrastructure.
    • Project value: £23,508
    • Grant value: £18,806
    • Date awarded: February 2024 – May 2024

    Project details

    Greenstraight Scallops Ltd is operated by James Kirkaldy, an expert free diver and environmentally conscious small-scale coastal fisherman. Harvesting scallops year-round within six miles of the coast from his 6.3m vessel Terry David, James supplies high-quality shellfish to local restaurants in Dartmouth.

    With support from the Fisheries and Seafood Scheme (FaSS), James secured funding for three projects to improve diver and vessel safety, invest in eco-friendly maintenance, and enhance the shoreside infrastructure needed to preserve product quality and expand market access.

    These investments include the purchase of a refrigerated vehicle, a new chest freezer, cool boxes, safety equipment, and the application of an eco-friendly copper coating to the vessel hull. They address critical safety needs and enable James to increase resilience in the business by expanding where and how he sells his catch.

    James, Owner, Greenstraight Scallops Ltd:

    Thanks to the FaSS I have been able to successfully deliver significant improvements which give me peace of mind – not just about safety at sea, but about the future of my business and the traceability and quality of my catch.

    Project outcomes

    • Improved safety and working conditions through upgraded PPE
    • Safer vessel operations via a rebuilt deck and engine box, non-slip paint, and a new lifting davit which improves ability to bring catch on board and also doubles as the means to do an emergency recovery of a diver in the water if required
    • Sustainable vessel maintenance with the application of an ocean-friendly copper coat and support for vessel lift-outs, pressure washing and storage
    • New cold chain infrastructure including a refrigerated vehicle, chest freezer, cool boxes and ice packs to maintain product freshness and extend market reach
    • Resilience in supply chain by enabling storage and supply of scallops out of season, helping to maintain consistent availability for premium markets
    • Business growth projected turnover increase of 5% through enhanced quality control and expanded sales channels
    • Sector benefits through demonstration of best practice in diver safety and environmentally responsible harvesting

    Learn more

    This case study demonstrates the legacy of the FaSS in supporting England’s catching, aquaculture and processing sectors, as well as enabling projects that are improving the marine environment. It also supports MMOs commitment to ensuring a prosperous, innovative and sustainable future for the fishing industry.

    Read more Fisheries and Seafood Scheme: Selected case studies

    Updates to this page

    Published 29 May 2025

    MIL OSI United Kingdom –

  • Indian stock market ends in green over positive global cues

    Source: Government of India

    Source: Government of India (4)

    The Indian stock market closed in green on Thursday amid positive global cues. Sensex closed 320.70 points or 0.39 per cent up at 81,633.02 while Nifty ended up 81.15 points or 0.33 per cent at 24,833.60.

    Buying was seen in midcap and smallcap along with largecap. Nifty Midcap 100 index was up 315.85 points or 0.55 per cent at 57,457.25 and Nifty Smallcap 100 index was up 105.40 points or 0.59 per cent at 17,889.

    On a sectoral basis, metal, IT, financial services, realty, media and energy indices were in the green, while, PSU Bank, FMCG and PSE sectors were in the red.

    “Global sentiment improved after a US court struck down Donald Trump’s reciprocal tax policy. However, the domestic market remained mostly rangebound during the day due to rising oil prices and higher US 10-year bond yields,” said Vinod Nair, Head of Research, Geojit Investments Limited.

    Some recovery was seen toward the end of the session, driven by F&O expiry led covering.

    “Export-focused sectors like IT and Pharma performed well, supported by hopes of easing trade tensions. Lack of positive domestic triggers and a drop in industrial output to an eight-month low could lead to short-term market consolidation,” he mentioned.

    Nifty witnessed a volatile session on the day of monthly expiry. The momentum continues to remain weak, with the RSI still pointing downward.

    “The next crucial support is at 24,670. If the index falls below this level, a sharp correction may occur, potentially dragging the index down to 24,400/ 24,300. On the other hand, if Nifty holds above 24,670, it could witness a smart recovery towards 25,000 or 25,150 in the short term,” said Rupak De from LKP Securities.

    Gold prices traded weak in the first half of the session after the FOMC meeting minutes indicated that the U.S. Federal Reserve is unlikely to ease interest rates in the near term, maintaining a data-dependent stance. In the domestic market, MCX gold holds support near Rs 94,000, with resistance around Rs 96,500, said experts.

    –IANS

  • MIL-OSI Africa: African Mining Week (AMW) Country Spotlights to Explore Africa’s Top Mining Markets

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

    CAPE TOWN, South Africa, May 29, 2025/APO Group/ —

    The African Mining Week (AMW) 2025 conference – scheduled for October 1–3, 2025, in Cape Town – will host a series of country spotlights, providing a platform for the continent’s leading mineral markets to showcase upcoming project and investment opportunities. The sessions promote emerging and established mining destinations across the continent, inviting global investors to explore new frontiers across Africa.

    Angola

    An AMW country spotlight session on Angola will present actionable pathways for global financiers and operators to unlock greater value from the country’s mining sector. With vast reserves of diamonds, copper, gold and rare earths, Angola’s mining sector is poised for transformative growth. Ongoing reforms and streamlined licensing processes are making the country increasingly attractive to investors and the AMW session will explore the impact regulatory reform has on the market.

    Botswana

    Botswana is globally recognized for its well-managed diamond sector, producing over 20% of the world’s rough diamonds by volume. Now, the country is charting a new course by leveraging its success in diamonds to expand into critical mineral production. AMW will serve as a platform for Botswana to present its mineral diversification strategy and explore partnerships aimed at sustainable sector expansion and value chain development.

    Democratic Republic of Congo

    An AMW session on the Democratic Republic of Congo will explore efforts to expand the downstream sector through investments in electric vehicle manufacturing. As one of the world’s biggest cobalt and copper producers, the country – with an estimated $24 trillion in untapped mineral wealth – strives to unlock greater value addition from the sector. AMW will provide a comprehensive look at investment-ready infrastructure, mineral beneficiation projects and ongoing policy reforms.

    Gabon

    As Gabon opens up its mining sector under a reformed Mining Code, investors will gain insights into the country’s strengthened regulatory environment. AMW will decode policy shifts and showcase opportunities in high-potential sectors such as manganese and potash. The session aims to equip international stakeholders with the tools and insights needed to successfully navigate Gabon’s evolving landscape.

    Ghana

    A country spotlight on Ghana will showcase opportunities across the gold value chain. The country represents Africa’s largest gold producer, with various programs – including the revitalization of existing mines and new drilling opportunities – being implemented to unlock new production opportunities.

    South Africa

    AMW 2025 will feature a country spotlight session on South Africa – the world’s top platinum group metals (PGMs) producer, accounting for over 80% of global output. With a Critical Minerals Strategy launching in 2025, world-class infrastructure, skilled labor and resource potential, South Africa is positioning itself as an attractive market for mineral investors. AMW will offer exclusive insights into the nation’s roadmap for resource-driven growth and sustainable industrialization.

    Zambia

    As Africa’s second-largest copper producer, Zambia strives to increase production to three million tons per annum by 2031. An AMW country spotlight will showcase strategies being implemented to achieve this goal, including project, financing and partnership prospects across the copper value chain.

    Zimbabwe

    AMW 2025 will share insight into Zimbabwe’s efforts to enhance local value addition across the mining sector. As Africa’s largest lithium producer and a top gold, copper and platinum market, the country is strengthening cooperation with global players to maximize output. The AMW session provides a unique opportunity to facilitate new partnerships and investments.

    MIL OSI Africa –

  • MIL-OSI Asia-Pac: Special traffic arrangements for football match at Hong Kong Stadium

    Source: Hong Kong Government special administrative region

         Police will implement special traffic arrangements in So Kon Po and Causeway Bay to facilitate a football match to be held at the Hong Kong Stadium on May 30 (Friday).

    A. Traffic arrangements at the commencement of the event——————- Part of the traffic lane of Caroline Hill Road between Eastern Hospital Road and Cotton Path;
    – Westbound Hysan Avenue between Yun Ping Road and Hoi Ping Road;
    – Stadium Path; and
    – Lee Garden Road between Lan Fong Road and Hysan Avenue, except for green minibuses (GMBs).
     
    Traffic diversions
    ———————– Eastern Hospital Road between Stadium Path and Tung Lo Wan Road will be re-routed one way northbound;
    – Two lanes on Caroline Hill Road between its western junction with Leighton Road and Link Road will be designated for traffic entering Caroline Hill Road from Hoi Ping Road;
    – Hysan Avenue between Leighton Road and Hoi Ping Road will be re-routed one way eastbound;
    – Two lanes on eastbound Hysan Avenue will be designated for traffic turning right to Hoi Ping Road;
    – Vehicles leaving the private driveway of Lee Garden One must turn left to eastbound Hysan Avenue;
    – Traffic along Yun Ping Road cannot turn left to westbound Hysan Avenue, and vehicles will be diverted to Lan Fong Road and Pak Sha Road;
    – If necessary, traffic along northbound Link Road downhill to northbound Caroline Hill Road must turn left to westbound Leighton Road; and
    – If necessary, traffic along Lan Fong Road cannot turn left to southbound Lee Garden Road, and vehicles will be diverted to northbound Lee Garden Road, Foo Ming Street and southbound Percival Street, except for GMBs.———————————————- Northern kerbside of Cotton Path; and
    – Southern kerbside (taxi drop-off zone) and northern kerbside (private car drop-off zone) of Eastern Hospital Road near the main entrance of Hong Kong Stadium. 
         Depending on the crowd and traffic conditions, the following special arrangements will be implemented from about 9.30pm:——————- Eastern Hospital Road between Caroline Hill Road and Cotton Path;
    – Hoi Ping Road;
    – Sunning Road, except for vehicles exit from Lee Garden Three Car Park;
    – If necessary, Cotton Path;
    – If necessary, Leighton Road; and
    – If necessary, northbound Link Road (downhill), except for vehicles heading for No. 1, 3, 5 and 7 on Link Road.———————– Before the end of the event, vehicles may be permitted to exit buildings on Eastern Hospital Road by turning right to northbound Eastern Hospital Road;
    – Traffic along westbound Leighton Road cannot enter Caroline Hill Road for Link Road, and vehicles will be diverted via Wong Nai Chung Road and Broadwood Road; and
    – When Leighton Road is closed, traffic along westbound Causeway Road will be diverted via Irving Street; traffic along eastbound Morrison Hill Road will be diverted via Canal Road West; traffic along southbound Percival Street must turn right to westbound Leighton Road; and traffic along southbound Canal Road East cannot turn left to Leighton Road.————————————— 
    – Westbound Leighton Road;
    – Percival Street south of Hennessy Road;
    – Caroline Hill Road;
    – Link Road;
    – Stadium Path;
    – Cotton Path; and
    – Eastern Hospital Road.—————————————
     
         All on-street parking spaces on the following roads will be suspended from 5pm to 11pm:- Northbound Caroline Hill Road between Stadium Path and Cotton Path;
    – Hoi Ping Road;
    – Sunning Road; and
    – Eastern Hospital Road.———————————————————–

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Interdepartmental working group on festival arrangements releases latest information and appeals to public and visitors to plan cross-boundary trips in advance for Tuen Ng Festival long weekend of Mainland

    Source: Hong Kong Government special administrative region

    Interdepartmental working group on festival arrangements releases latest information and appeals to public and visitors to plan cross-boundary trips in advance for Tuen Ng Festival long weekend of Mainland      It is anticipated that the waiting time for public transport services, including the Gold Bus, may be longer. Passengers should make their journeys during non-peak hours, observe order while queuing and heed advice from on-site Police and staff of PTOs concerned. Passengers of cross-boundary coaches are also advised to reserve their coach tickets in advance.

         Motorists are advised that, subject to actual traffic conditions, special traffic arrangements may be implemented at the Lok Ma Chau Control Point and the Shenzhen Bay Port from May 31 to June 2 to allow smooth access of public transport vehicles to the above control points. Cross-boundary private cars may need to queue up for crossing the BCPs. Motorists should pay extra attention to variable message signs and traffic signs along the roads. In case of traffic congestion, they should remain patient and follow the instructions of on-site Police.Issued at HKT 16:22

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI: Form 8.3 – AXA INVESTMENT MANAGERS: ALPHA GROUP INTERNATIONAL PL

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: AXA Investment Managers S.A.
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Alpha Group International plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 28 May 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.2p ordinary
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 712,276 1.68    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 712,276 1.68    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/Sale Number of securities Price per unit
    0.2p ordinary Sale 2,340 GBP 30.11

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

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

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

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 29 May 2025
    Contact name: Anthony GILSOUL
    Telephone number*: +33 1 44 45 97 54

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

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

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network –

  • MIL-OSI United Kingdom: Less paperwork, more chargepoints: government cuts red tape to make it easier, quicker and cheaper to switch to EVs

    Source: United Kingdom – Executive Government & Departments

    Press release

    Less paperwork, more chargepoints: government cuts red tape to make it easier, quicker and cheaper to switch to EVs

    Drivers no longer need to submit planning applications to install electric vehicle chargepoints, helping them save up to £1,100 a year.

    • new streamlined process to install public and private electric vehicle (EV) chargepoints, helping more drivers save up to £1,100 a year
    • nearly 80,000 public chargepoints are already available in the UK – with one installed every 29 minutes – ensuring all drivers are always close to a socket
    • government continues to deliver the Plan for Change by investing over £2.3 billion to power the switch to EVs, secure global trade deals to back British carmakers, create jobs and drive investment

    More drivers will be able to save up to £1,100 a year as the government cuts red tape to make it easier than ever to install electric vehicle chargepoints.

    Future of Roads Minister, Lilian Greenwood, has confirmed that from today (29 May 2025), more drivers and businesses will no longer need to submit a planning application to install public or private EV sockets.

    By cutting down on paperwork, more EV owners with a driveway will find it easier, quicker and cheaper to install a private chargepoint and power up their EVs at home. This will unlock savings of up to £1,100 a year compared to running a petrol or diesel car.

    With planning changes also applying to workplace and public chargepoints, businesses will be able to install new sockets faster and for less, helping increase the number of public chargepoints so that EV owners can charge more easily, wherever they live and drive.

    This comes on top of already significant discounts from government to help drivers install chargepoints outside their house. Government support currently allows people renting or owning a flat and those with on-street parking to receive up to £350 off the cost of installing a home charger.

    Getting this transition right and supporting the growth of the electric vehicle market in the UK will enable Britain to tap into a multibillion-pound industry, create high paid jobs for decades to come and deliver on our Plan for Change by putting more money in the pockets of hardworking families.

    Future of Roads Minister, Lilian Greenwood, said:

    We’re cutting down on paperwork to power up the EV revolution so that drivers, businesses and those looking to make the switch will have more chargepoints to power from and less red tape to deal with.

    We continue to make the switch to EVs easier, cheaper and better by investing over £2.3 billion to support drivers and back British carmakers through international trade deals – creating jobs, boosting investment and securing our future as part of our Plan for Change.

    The government continues to be on the side of British carmakers. On top of the recent changes to the ZEV Mandate, the crucial trade deals with the US, India and the European Union have given the sector certainty and helped safeguard around 150,000 jobs in the automotive and steel sectors.

    It follows 1,000 jobs created after a £1 billion investment for a new state-of-the-art gigafactory in Sunderland to further accelerate the transition to electric vehicles, bolster Britain’s industrial heartland and boost growth.

    Today’s changes come as the government has now helped install 18,000 sockets in workplace carparks in the last year alone. This is firmly placing the UK on the road to become an EV world-leader, with nearly 80,000 public EV chargepoints now available in the UK.

    The UK public chargepoint network continues to grow. DfT statistics show that a record of nearly 3,000 public charging devices were added in April alone – with one popping up every 29 minutes.

    Lewis Gardiner, Operations Director, Osprey Charging Network said:

    This is a hugely welcome and practical change that will make a real difference on the ground.

    Removing the need for planning permission for essential electrical infrastructure like substations across the majority of sites will save months of delays, reduce costs and accelerate the delivery of the rapid charging hubs drivers need. It’s the result of months of collaboration between industry and government and we’re proud to have played a key role in making it happen.

    For drivers, the benefits of EVs are clear:

    • running an EV can cost as little as 2 pence per mile
    • EVs are constantly becoming cheaper, with 2 in 5 used EVs now under £20,000 and 29 brand new models priced under £30,000
    • most new EVs have a range of nearly 300 miles – enough to get from London to Newcastle on one charge

    Patrick Dunne, Sainsbury’s Chief Property and Procurement Officer and MD of Smart Charge, said:

    Everyone at Smart Charge knows how important it is to make EV charging simple, reliable and accessible – both to make transport cleaner and to ensure we’re meeting the everyday needs of drivers throughout the UK.

    We welcome this new streamlined approach to installing charge points, which will help accelerate the nation’s adoption of EVs.

    Roads media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 29 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Moscow under attack by Ukrainian drones – mayor

    Translation. Region: Russian Federal

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

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

    Moscow, May 29 /Xinhua/ — Last night, air defense forces repelled an attack by Ukrainian drones on the Russian capital, Moscow Mayor Sergei Sobyanin reported on his Telegram channel.

    According to him, air defense forces repelled an attack by three drones flying toward Moscow. As RIA Novosti reports, the facade of the house was damaged, and several windows were knocked out. None of the residents were hurt.

    In Odintsovo, Moscow region, several cars were damaged as a result of a UAV crash.

    In the wake of the attack, Vnukovo Airport suspended flights, but after 1 hour and 20 minutes, normal airport operations were resumed. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: Governor Newsom signs legislation 5.28.25

    Source: US State of California 2

    May 28, 2025

    SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bill:

    SB 49 by Senator Shannon Grove (R-Bakersfield) – Tribal gaming: compact and amendment ratification.

    For full text of the bill, visit: leginfo.legislature.ca.gov. 

    Press releases, Recent news

    Recent news

    May 28, 2025

    News SACRAMENTO – Governor Gavin Newsom today issued an emergency proclamation for Trinity County to assist in recovery from the December 2024 winter storms that caused significant damage to the local area. The emergency proclamation authorizes the Governor’s Office…

    May 28, 2025

    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring May 2025, as “Jewish American Heritage Month.”The text of the proclamation and a copy can be found below PROCLAMATIONThroughout our history, generations of Jewish immigrants…

    May 27, 2025

    News 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…

    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom issues emergency proclamations for Trinity and San Joaquin counties to support recovery

    Source: US State of California 2

    May 28, 2025

    SACRAMENTO – Governor Gavin Newsom today issued an emergency proclamation for Trinity County to assist in recovery from the December 2024 winter storms that caused significant damage to the local area. 

    The emergency proclamation authorizes the Governor’s Office of Emergency Services to provide assistance to Trinity County under the California Disaster Assistance Act, among other provisions.

    Governor Newsom additionally issued an emergency proclamation for San Joaquin County to assist in recovery from the October 2024 Victoria Island Levee failure. 

    The emergency proclamation authorizes the Governor’s Office of Emergency Services to provide assistance to San Joaquin under the California Disaster Assistance Act, among other provisions.

    The text of today’s emergency proclamations for Trinity and San Joaquin counties can be found here and here, respectively.

    Recent news

    May 28, 2025

    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring May 2025, as “Jewish American Heritage Month.”The text of the proclamation and a copy can be found below PROCLAMATIONThroughout our history, generations of Jewish immigrants…

    May 27, 2025

    News 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…

    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…

    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom proclaims Jewish American Heritage Month 2025

    Source: US State of California 2

    May 28, 2025

    Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring May 2025, as “Jewish American Heritage Month.”

    The text of the proclamation and a copy can be found below

    PROCLAMATION

    Throughout our history, generations of Jewish immigrants fleeing persecution have sought the promise of freedom and opportunity to start life anew in America. California is home to the second-largest Jewish population in the U.S., with thriving communities across the state. This month, we recognize the enduring faith, perseverance, and resilience of the Jewish people and celebrate the ways in which Jewish Americans enrich our culture, politics, civil society, and countless other areas.

    California is indelibly intertwined with and improved by the Jewish community, a community that has been part of this state since the very first days of our statehood. Jewish Californians have played pivotal roles in social movements, including the fight for civil rights through organizations like the Los Angeles and Bay Area Jewish Community Relations Councils. Film producer Carl Laemmle helped define the film industry, producing over 400 films, including Dracula and The Phantom of the Opera. California is not the state, nor is it the global force it is today, without the many contributions of the Jewish community.

    As we celebrate these accomplishments, we must also recognize the bigotry and violence that Jewish people have faced throughout history, and that shamefully persist to this day. Amid brazen displays of antisemitic hate, California is taking action to protect our communities and ensure that future generations never forget the lessons of the past.

    This year, the Council on Holocaust and Genocide Education released its report on the status of genocide education in California and its recommendations to better prepare people to recognize and respond to instances of antisemitism and bigotry.

    The report goes hand in hand with state work and investments to address existing antisemitism and keep people safe. We have released California’s first-ever plan to counter antisemitism in all its forms, advanced major investments to increase security at houses of worship and other at-risk cultural centers, funded anti-hate programs that combat intolerance and support victims, and launched the CA vs. Hate Resource Line and Network statewide to provide a safe, anonymous reporting option for victims and witnesses of hate acts.

    California will continue to lead the fight to confront all forms of racial, ethnic, and religious hate across our society with education and empathy. This Jewish American Heritage Month, let us pay tribute to the many and varied contributions of the Jewish people to our California story and celebrate our shared commitment to pluralism, cultural diversity, and religious freedom.

    NOW THEREFORE I, GAVIN NEWSOM, Governor of the State of California, do hereby proclaim May 26, 2025 as “Jewish American Heritage Month.”

    IN WITNESS WHEREOF I have hereunto set my hand and caused the Great Seal of the State of California to be affixed this 27th day of May 2025.

    GAVIN NEWSOM
    Governor of California

    ATTEST:
    SHIRLEY N. WEBER, Ph.D.
    Secretary of State

    Recent news

    May 27, 2025

    News 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…

    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…

    MIL OSI USA News –

  • MIL-OSI: Defiance Launches CVNX: The First 2X Long ETF for Carvana Co.

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, May 29, 2025 (GLOBE NEWSWIRE) — Defiance ETFs introduces CVNX, the Defiance Daily Target 2X Long CVNA ETF (CVNX), a 2X leveraged single-stock ETF designed to provide amplified exposure to Carvana Co. (NYSE: CVNA). This ETF offers traders a way to pursue enhanced upside potential in Carvana without the need for a margin account.

    CVNX seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Carvana Co., a trailblazer in the digital transformation of used-car retail.

    “The Defiance Daily Target 2X Long CVNA ETF (CVNX) unleashes the full throttle of Carvana’s meteoric rise—up nearly 200% in the last year with Q1 2025 revenue smashing $4.23 billion. This ETF is built for savvy traders ready to amplify their stake in a company that’s rewriting the rules of used-car retail. With CVNA’s relentless growth, we’re giving investors the tools to seize this moment and ride the wave of automotive disruption.”
    — Sylvia Jablonski, CEO and CIO, Defiance ETFs

    For more information, visit DefianceETFs.com.

    The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues a daily leveraged investment objective, which means that the Fund is riskier than alternatives that do not use leverage because the Fund magnifies the performance of the Underlying Security. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Security’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Security’s performance declines over a period longer than a single day. An investor could lose the full principal value of their investment within a single day.

    An investment in CVNX is not an investment in Carvana Co.

    About Defiance ETFs

    Founded in 2018, Defiance is at the forefront of ETF innovation. Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.

    IMPORTANT DISCLOSURES

    Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).

    The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and / or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383.

    Investing involves risk. Principal loss is possible. As an ETF, the funds may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk.

    There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment.

    Total return represents changes to the NAV and accounts for distributions from the fund.

    CVNA Risks: The Fund invests in swap contracts and options that are based on the share price of CVNA. This subjects the Fund to certain of the same risks as if it owned shares of CVNA even though it does not.

    Indirect Investment Risk. CVNA is not affiliated with the Trust, the Fund, or the Adviser, or their respective affiliates and is not involved with this offering in any way and has no obligation to consider your Shares in taking any corporate actions that might affect the value of Shares.

    Trading Risk. The trading price of the Fund may be subject to volatility and could experience wide fluctuations due to various factors. Short sellers may also play a significant role in trading CVNA, potentially affecting the supply and demand dynamics and contributing to market price volatility. Public perception and external factors beyond the company’s control may influence CVNA’s stock price disproportionately.

    Performance Risk. CVNA may fail to meet publicly announced guidelines or other expectations about its business, which could cause the price of CVNA to decline.

    Automotive Industry Risk. The automotive retail industry is subject to significant risks that can impact both profitability and competitiveness. The industry is highly dependent on consumer demand, which can be influenced by various factors such as economic conditions, consumer confidence, fuel prices, and preferences for particular vehicle types.

    Additional Risks:

    Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective and the Fund’s performance for periods greater than a trading day will be the result of each day’s returns compounded over the period, which is very likely to differ from two times (200%) the Underlying Security’s performance, before the Fund’s management fee and other expenses.

    Leverage Risk. The Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage. An investment in the Fund is exposed to the risk that a decline in the daily performance of the Underlying Security will be magnified.

    Derivatives Risk. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risks related to the market, leverage, imperfect daily correlations with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation, and legal restrictions.

    Swap Agreements. The use of swap transactions is a highly specialized activity, which involves investment techniques and risks different from those associated with ordinary portfolio securities transactions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in derivatives which exposes the Fund to the risk that the counterparty will not fulfill its obligation to the Fund.

    Fixed Income Securities Risk. When the Fund invests in fixed income securities, the value of your investment in the Fund will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed-income securities owned by the Fund.

    Liquidity Risk. Some securities held by the Fund may be difficult to sell or be illiquid, particularly during times of market turmoil. Markets for securities or financial instruments could be disrupted by a number of events, including, but not limited to, an economic crisis, natural disasters, epidemics/pandemics, new legislation, or regulatory changes inside or outside the United States.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Diversification does not ensure a profit nor protect against loss in a declining market. Brokerage Commissions may be charged on trades.

    Distributed by Foreside Fund Services, LLC

    Contact Information
    David Hanono
    info@defianceetfs.com
    833.333.9383

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f9cbde05-7266-4bc8-9d94-24ec43e4a822

    The MIL Network –

  • MIL-OSI Global: Trump’s global trade plans are in disarray, after a US court ruling on ‘Liberation Day’ tariffs

    Source: The Conversation – Global Perspectives – By Susan Stone, Credit Union SA Chair of Economics, University of South Australia

    A United States court has blocked the so-called “Liberation Day” tariffs that US President Donald Trump imposed on imported goods from around 90 nations. This puts implementation of Trump’s current trade policy in disarray.

    The Court of International Trade ruled the emergency authority Trump used to impose the tariffs could not override the role of Congress, which has the right to regulate commerce with other countries.

    Tariffs imposed via other legislative processes – such as those dealing with cars, steel and aluminium – continue to stand. But the broad-based “reciprocal” tariffs will need to be removed within ten days of the court’s ruling. Trump administration officials have already filed plans to appeal.

    The ruling calls into question trade negotiations underway with more than 18 different nations, which are trying to lower these tariffs. Do these countries continue to negotiate or do they wait for the judicial process to play out?

    The Trump administration still has other mechanisms through which it can impose tariffs, but these have limits on the amount that can be imposed, or entail processes which can take months or years. This undermines Trump’s preferred method of negotiation: throwing out large threats and backing down once a concession is reached.

    Emergency powers were a step too far

    The lawsuits were filed by US importers of foreign products and some US states, challenging Trump’s use of the International Emergency Economic Powers Act of 1977.

    The lawsuits argued the national emergencies cited in imposing the tariffs – the trade deficit and the fentanyl crisis – were not an emergency and not directly addressed by the tariff remedy. The court agreed, and said by imposing tariffs Trump had overstepped his authority.

    The ruling said the executive orders used were “declared to be invalid as contrary to law”.

    The act states the president is entitled to take economic action in the face of “an unusual and extraordinary threat”. It’s mainly been used to impose sanctions on terrorist groups or freeze assets from Russia. There’s nothing in the act that refers to tariffs.

    The decision means all the reciprocal tariffs – including the 10% tariffs on most countries, the 50% tariffs Trump was talking about putting on the EU, and some of the Chinese tariffs – are ruled by the court to be illegal. They must be removed within 10 days.

    The ruling was based on two separate lawsuits. One was brought by a group of small businesses that argued tariffs materially hurt their business. The other was brought by 12 individual states, arguing the tariffs would materially impact their ability to provide public goods.

    Some industry tariffs will remain in place

    The ruling does not apply to tariffs applied under Section 201, known as safeguard tariffs. They are intended to protect industries from imports allegedly being sold in the US market at unfair prices or through unfair means. Tariffs on solar panels and washing machines were brought under this regulation.

    Also excluded are Section 232 tariffs, which are applied for national security reasons. Those are the steel and aluminium tariffs, the automobile and auto parts tariffs. Trump has declared all those as national security issues, so those tariffs will remain.

    Most of the tariffs against China are also excluded under Section 301. Those are put in place for unfair trade practices, such as intellectual property theft or forced technology transfer. They are meant to pressure countries to change their policies.

    Other trade investigations are still underway

    In addition, there are current investigations related to copper and the pharmaceuticals sector, which will continue. These investigations are part of a more traditional trade process and may lead to future tariffs, including on Australia.

    The Trump administration is still weighing possible sector-specific tariffs on pharmaceuticals.
    Planar/Shutterstock

    Now for the appeals

    The Trump administration has already filed its intention to appeal to the federal appeals court. This process will take some time. In the meantime, there are at least five other legal challenges to tariffs pending in the courts.

    If the appeals court provides a ruling the Trump administration or opponents don’t like, they can appeal to the Supreme Court.

    Alternatively, the White House could direct customs officials to ignore the court and continue to collect tariffs.

    The Trump administration has ignored court orders in the past, particularly on immigration rulings. So it remains to be seen if customs officials will release goods without the tariffs being paid in ten days’ time.

    The administration is unlikely to lie down on this. In addition to its appeal process, officials complained about “unelected judges” and “judicial overreach” and may contest the whole process. The only thing that continues to be a certainty is that uncertainty will drive global markets for the foreseeable future.

    Susan Stone does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Trump’s global trade plans are in disarray, after a US court ruling on ‘Liberation Day’ tariffs – https://theconversation.com/trumps-global-trade-plans-are-in-disarray-after-a-us-court-ruling-on-liberation-day-tariffs-257812

    MIL OSI – Global Reports –

  • MIL-OSI Russia: SPbGASU presented its developments at the VI International Transport Festival “TransportFest”

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Development by Ekaterina Shatalova: experience in managing the homogeneity of a gas-air mixture

    Saint Petersburg State University of Architecture and Civil Engineering took part in the VI International Transport Festival “TransportFest”. As part of the business program on May 23, students and teachers of the Automobile and Road Engineering Faculty made presentations, presented their projects and research papers.

    At the technology session of the Children’s Automobile Forum (DAF-2025), student Mikhail Smetanin presented the development of power frame elements for special vehicles, carried out under the supervision of Associate Professor of the Department of Technical Operation of Vehicles Sergei Vorobyov.

    “The Keystone Auto company, which is a distributor of ALTAI brand trucks, set a technical task: to develop a power frame for a category No. 2 vehicle with a total load capacity of 12 tons, designed for the installation of special garbage collection superstructures. The department team completed the work on designing the power frame. The results have been implemented in the production process, and soon we will see these vehicles on the streets of our city,” said Sergey Vorobyov.

    Students Alena Isaeva, Dmitry Aleksandrov, Anastasia Tikhomirova and Andrey Garin (supervisor – postgraduate student Evgeny Trofimov) presented a report entitled “Safety, durability, storability, and maintainability of a traction battery using the example of a category 2 vehicle.”

    As Anastasia Tikhomirova explained, a traction battery is a battery designed to ensure continuous operation of a vehicle. Unlike starter batteries, it is designed for deep discharges (long-term operation) and multiple charge cycles. A category 2 vehicle is a truck with a gross weight of 3.5 to 12 tons.

    “Motor transport remains the main danger on the roads, many accidents happen every day. Given the growing number of electric vehicles and the active development of infrastructure for electric transport, the relevance of our project lies in the safety and operational reliability of such vehicles, increasing the service life of the battery and the convenience of its maintenance. We are successfully engaged in the conversion of vehicles to electric traction, previously we have already produced “Eletromus” vehicles and an electric tow truck based on MAN TGL 12.250,” said Anastasia Tikhomirova.

    Students Maria Raski and Ekaterina Shatalova presented a report entitled “Increasing the efficiency of using natural gas as a motor fuel in a gas-diesel engine”.

    “Our faculty conducts research related to the use of alternative fuels. We began studying the use of natural gas as a motor fuel in a gas-diesel engine in September 2024. Expanding the use of natural gas as a motor fuel is a hot topic, and according to the energy strategy of the Russian Federation until 2050, the volume of natural gas (methane) consumption should increase 15 times. In Russia, gas buses are becoming more common, as manufacturers strive to reduce emissions and improve the environmental sustainability of public transport. In the process of studying this topic, we identified several problems associated with the use of gas-diesel engines. The main problems include low efficiency and increased fuel consumption,” said Ekaterina Shatalova.

    To improve the efficiency of gas-diesel engines, students proposed the following approaches:

    Increasing mixture homogeneity: Optimizing the process of mixing gas and air can lead to more complete combustion and reduce energy losses; Reducing gas losses during valve overlap: Improving the design of valves and the control system can reduce leaks and improve the overall efficiency of the engine; Switching to a gas-diesel cycle: Studying and implementing a gas-diesel cycle, which combines the advantages of both gas and diesel fuel, can significantly improve efficiency and reduce consumption.

    Young researchers are confident that these measures can improve the performance of gas-diesel engines and will help to more widely introduce natural gas as an alternative motor fuel.

    The architecture of building a sustainable transport system based on a planned-cyclical development strategy is the focus of attention of student Ivan Beshentsev (project manager – Deputy Head of the Department of Information Technologies and Intelligent Systems of St. Petersburg State Unitary Enterprise “Gorelectrotrans” Alexander Figichev).

    “The concept of a sustainable transport system is inextricably linked with a planned-cyclical development strategy. Sustainability implies a well-coordinated interaction of all elements of the city’s transport framework – urban development belts, infrastructure, corridors and routes. For convenience, I have combined them into one pyramid. Each level has its own goal setting and takes on a certain transport load. Thus, the system as a whole is sustainable, and in order to maintain this sustainability in the long-term equivalent, it is necessary to apply a planned-cyclical development strategy. That is, pre-determined volumes of infrastructure necessary for sustainable development are introduced annually – primarily for electric transport,” the student explained.

    According to Ivan Beshentsev, the cyclicality concerns the implementation of repair work: each infrastructure facility has a certain life cycle, which is assessed based on the infrastructure load. In St. Petersburg, this cycle is 25 years, and every year 24 km of infrastructure for electric transport is updated (we have 600 km in total). If less is repaired, the wear and tear of the infrastructure will be unacceptable for current operation. If more, this will negatively affect the transport situation.

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

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: AAIB Report: Piper PA-18-150, G-CUBX

    Source: United Kingdom – Government Statements

    News story

    AAIB Report: Piper PA-18-150, G-CUBX

    Fatal accident involving a Piper PA-18-150 (G-CUBX), Croft Farm Airstrip (Defford Airfield), Worcester, 27 August 2024

    G-CUBX after repair showing features of the Alaskan Bush fit

    G-CUBX tracked to the left on the runway during takeoff and within two seconds of getting airborne it was in a left turn tracking toward obstacles south of the runway. Witnesses reported seeing the aircraft adopt a steep nose-up attitude, but it was not able to climb above a tree which was one of the obstacles in its path. G-CUBX appeared to have struck the tree at the apogee of its flight path before descending steeply, nose-first, into the ground. The pilot suffered fatal injuries at the point of ground collision.

    It was not possible to conclusively establish why the aircraft diverged left during and after takeoff. Nonetheless, the investigation considered it likely the relatively low lift off speed of approximately 34 kt contributed to the pilot having insufficient aerodynamic control authority to effectively counter the flight path divergence. Being in a turn rather than wings level would have compromised the aircraft’s climb rate resulting in it being unable to climb above the obstacles it was turning toward.

    The investigation was unable to find evidence of any pre-accident fault with the aircraft.

    Read the report.

    Updates to this page

    Published 29 May 2025

    MIL OSI United Kingdom –