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Arcanus Aerial Systems Appoints Rahim Rajwani as Interim Chief Executive Officer to Lead Company Through Planned U.S. Public Listing

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Capital Markets Veteran Joins as Arcanus Advances Toward a Nasdaq Listing on the Strength of Signed Production Contracts, Sovereign Procurement Programs, and an Expanding NATO-Aligned Manufacturing and Partner Ecosystem

TORONTO, June 12, 2026 /CNW/ – Arcanus Aerial Systems Inc. (“Arcanus” or the “Company”), a sovereign Canadian defence technology company specializing in advanced unmanned aerial systems, counter-UAS, and integrated battlefield solutions for NATO and allied markets, today announced the appointment of Rahim Rajwani as Interim Chief Executive Officer, effective June 11th, 2026.

Mr. Rajwani joins the executive team at a pivotal moment for Arcanus. The Company is advancing preparations for a planned listing on a major U.S. stock exchange while executing against a rapidly expanding base of contracted production, sovereign procurement engagements, and strategic manufacturing partnerships across Canada, Europe, and allied markets. His appointment places dedicated capital markets and public company leadership at the top of the organization through this critical phase, while the Company’s operational leadership remains focused on program delivery and manufacturing scale-up.

A LEADER BUILT FOR THE PUBLIC-COMPANY TRANSITION

Mr. Rajwani is Managing Director of Triumph Advisors Inc., a Vancouver based capital markets and strategic advisory firm focused on public listings, mergers and acquisitions, financings, and strategic transactions. He brings more than 25 years of experience spanning investment banking, corporate finance, capital markets, regulatory affairs, and public company leadership – a skill set squarely matched to the next phase of Arcanus’ growth.

Over the course of his career, Mr. Rajwani has participated in and advised on numerous private placements, initial public offerings, reverse takeovers, mergers and acquisitions, and public company financing transactions across Canadian and U.S. capital markets, spanning industries from technology and healthcare to natural resources and emerging growth companies. He has served as a director and senior executive – including as chief executive officer – of multiple public companies, with experience covering the full public company lifecycle: early-stage growth and financing, exchange listings, corporate governance, exchange compliance, and ongoing public market operations.

In addition to his corporate leadership roles, Mr. Rajwani has more than two decades of experience with Canadian and U.S. regulated securities firms, including senior investment banking and corporate finance roles with Salman Partners and other securities firms, where he advised issuers on financings, public listings, and strategic growth initiatives. Most recently, he has served as a Strategic Advisor to Arcanus, working closely with the Company’s leadership on capital markets strategy, financing execution, and listing readiness – giving him deep, first-hand familiarity with the business he now leads.

His mandate as Interim Chief Executive Officer will centre on three priorities: completing the Company’s go-public transaction and associated institutional financing; institutionalizing governance, reporting, and public company readiness; and supporting the conversion of Arcanus’ international procurement pipeline into contracted, deliverable programs.

MANAGEMENT COMMENTARY

Rahim Rajwani, Interim Chief Executive Officer of Arcanus, commented: “Arcanus has assembled something rare – binding contracts, sovereign Canadian manufacturing, a NATO aligned partner ecosystem, and a leadership team that has delivered in some of the most demanding operating environments in the world. My job is to match that operational reality with the capital markets execution it deserves. We are moving deliberately toward a U.S. listing, and I intend for Arcanus to arrive on the public markets as a disciplined, institutional grade defence company.”

Matthew Ewing, Executive Vice President of Arcanus, commented: “Rahim has been inside our capital markets strategy from the start, and he brings exactly the public-company discipline this next chapter demands. This appointment lets our operating team stay locked on what they do best – delivering systems to customers and scaling Canadian production – while Rahim leads the Company through the listing process and the institutional buildout that comes with it.”

About Arcanus Aerial Systems Inc.

Arcanus Aerial Systems Inc. is a Canadian-sovereign defence technology company that aggregates, Canadianizes, and manufactures battle-proven unmanned aerial systems, counter-UAS, ground systems, and integrated defence platforms for NATO and allied markets. Headquartered in Toronto, Ontario, Arcanus combines licensed, combat-validated platform technology with sovereign Canadian production capacity and a partner ecosystem spanning Europe, Ukraine, and North America.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the Company’s planned public listing, anticipated financings, pipeline conversion, production scale-up, and strategic partnerships. Forward-looking statements are based on current expectations and assumptions and are subject to significant risks and uncertainties, including capital markets conditions, regulatory and exchange approvals, defence procurement timing, export-control and licensing requirements, counterparty performance, and execution risk. Letters of intent and pipeline engagements referenced herein are non-binding and may not result in definitive agreements or revenue. There can be no assurance that the planned listing or any related financing will be completed on the terms described or at all. Actual results may differ materially from those expressed or implied. Arcanus undertakes no obligation to update forward-looking statements except as required by applicable law.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

SOURCE Arcanus Aerial Systems Inc.

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Luxel Corporation Appoints KOS, Inc. as Exclusive Distributor in South Korea

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FRIDAY HARBOR, Wash., June 12, 2026 /PRNewswire/ — Luxel Corporation, a global leader in the design and manufacture of ultrathin freestanding polymer and metallized optical bandpass filters, today announced the appointment of KOS, Inc. as its exclusive distribution partner for South Korea, effective immediately.

This partnership marks a significant milestone in Luxel’s international expansion, aiming to elevate the local customer experience, streamline regional communication, and provide accelerated response times to a rapidly growing South Korean market.

Under the new agreement, KOS, Inc. will serve as Luxel’s primary commercial representative in South Korea, supporting commercial operations, logistics, customer relations, and sales and marketing efforts. The collaboration seamlessly pairs Luxel’s world-class manufacturing and engineering expertise with KOS, Inc.’s deeply rooted, dedicated local market presence.

“We are thrilled to partner with KOS, Inc.,” said Adrian Polliack, PhD, President of Luxel Corporation. “Their exceptional team is uniquely positioned to serve our broad customer base in South Korea, delivering the high-touch local support and value our customers expect.”

DaeHee Choi, President of KOS, Inc., shared the enthusiasm: “We have extensive experience supporting customers in the optical systems industry. We are excited to represent Luxel in South Korea and believe the combination of Luxel’s technology and our local market expertise will create significant value for customers.”

The partnership is designed to bridge the gap between regional customer needs and technical execution. Brett Paul, Luxel’s Business Development Manager, added: “By combining KOS, Inc.’s dedicated local presence with Luxel’s technical expertise, we are creating a more responsive and efficient customer experience, while continuing to deliver the precision solutions our customers rely on.”

About Luxel Corporation

Since 1975, Luxel has been a premier global innovator in the design and manufacture of ultrathin freestanding polymer and metallized optical bandpass filters. Luxel’s advanced technology supports mission-critical applications across semiconductor EUV lithography, fusion energy research, spaceflight missions, and scientific exploration. In addition to its core filter technology, Luxel provides specialized polymer supports for microscopy and high-performance physical vapor deposition furnaces. Luxel pairs sophisticated technical design with world-class manufacturing to deliver high-quality, ultra-reliable solutions worldwide. For more information, visit the company’s website.

About KOS, Inc.

For over 20 years, KOS, Inc. has been a leading supplier of high-tech optical systems and laboratory supplies in South Korea. The company specializes in precision technology used in scientific research, advanced microscopy, and light measurement technologies, including lasers, spectrometers, and CCD cameras. Headquartered in Hanam City, just outside of Seoul, KOS Inc’s longstanding presence in the scientific instrumentation and optical systems markets make it uniquely positioned to support Luxel’s growing customer base in South Korea.

View original content to download multimedia:https://www.prnewswire.com/news-releases/luxel-corporation-appoints-kos-inc-as-exclusive-distributor-in-south-korea-302799469.html

SOURCE Luxel Corporation

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Bitmine Immersion Technologies Announces Initial Dividends and NYSE Listing for Series A Preferred Stock

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Bitmine’s Board of Directors declares initial cash dividends on the Company’s 9.50% Series A Perpetual Preferred StockSeries A Preferred Stock approved for listing on the New York Stock Exchange under the symbol “BMNP” with trading expected to commence on Tuesday, June 16, 2026

NORWALK, Conn., June 12, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) announced today that its Board of Directors has declared the initial cash dividends on the Company’s 9.50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200) (the “Series A Preferred Stock”).

The initial dividend, which represents accumulated regular dividends from the initial issue date of June 10, 2026, will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The initial dividend of $0.316667 per share will be paid on June 22, 2026 to holders of record of the Series A Preferred Stock as of the close of business on June 12, 2026.

The Company further announced that the Board of Directors also declared the second weekly cash dividend of $0.105556 per share on the Series A Preferred Stock, which will be paid on June 26, 2026 to holders of record of the Series A Preferred Stock as of the close of business on June 16, 2026.

The Company also announced that the Series A Preferred Stock has been approved for listing on the New York Stock Exchange and will begin trading on Tuesday, June 16, 2026 under the ticker symbol “BMNP”. Equiniti Trust Company, LLC serves as the transfer agent, registrar and paying agent for the Series A Preferred Stock.

About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “the alchemy of 5%,” the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as “expects,” “projects,” “projected,” “intends,” “believes,” “anticipates,” “estimates,” and similar expressions. This document specifically contains forward-looking statements regarding the Company’s dividend payments on the Series A Preferred Stock, the listing and commencement of trading of the Series A Preferred Stock on the New York Stock Exchange, and the Company’s digital asset accumulation strategy and staking operations. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine’s ability to finance its current business, Ethereum treasury operations, and proposed future business; market conditions affecting the trading price of the Company’s common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company’s staking operations; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-announces-initial-dividends-and-nyse-listing-for-series-a-preferred-stock-302799416.html

SOURCE Bitmine Immersion Technologies, Inc.

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Canada and France sign General Security of Information Agreement

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Agreement creates new opportunities for Canadian workers and delivers economic benefits across high–value sectors

GATINEAU QC, June 12, 2026 /CNW/ – The Government of Canada is acting to strengthen Canada’s economic and security interests by deepening cooperation with trusted international partners. In a global economy where access, security and innovation drive growth, Canada is ensuring its industries are well-positioned to compete and succeed.

Today, the Honourable Joël Lightbound, Minister of Government Transformation, Public Works and Procurement and Quebec Lieutenant, and the Honourable Anita Anand, Minister of Foreign Affairs, announced that Canada has signed a General Security of Information Agreement (GSOIA) with France.

The agreement establishes a trusted framework that allows Canada and France to exchange and protect classified information securely, enabling closer cooperation in areas such as defence, security and advanced technologies. Canada and France share a long–standing and close defence relationship as North Atlantic Treaty Organization (NATO) allies, grounded in mutual trust and a shared commitment to international security and stability. The agreement lays the groundwork for deeper cooperation in defence, space, intelligence, and advanced technology by ensuring that sensitive information can be shared securely and confidently.

With this agreement in place, Canadian businesses will be better positioned to compete for and participate in defence, security and advanced technology projects with France, including contracts and research that require the secure exchange of sensitive information. This creates new opportunities for Canadian workers and delivers economic benefits across high–value sectors.

The agreement also supports cooperation on dual–use technologies, including aerospace, space, cybersecurity and advanced communications, while strengthening capabilities that contribute to national security, public safety, and international stability. France is among Canada’s most important partners in sectors where technologies routinely have civilian and military applications, including:

aerospace and space systemscybersecurity and secure communicationsartificial intelligence and advanced data systemsmaritime and underwater technologiesdefence and security platforms with civilian applications

By enabling the secure exchange of classified information, this agreement will strengthen cooperation on trade, innovation, advanced technologies, and security while creating new opportunities for Canadian businesses and workers. It will help position Canada as a trusted partner in strategic sectors, support economic growth, and contribute to building a stronger, more competitive Canadian economy.

Quotes

“Canada and France are strengthening a trusted partnership that delivers real and tangible benefits for Canadians. This agreement will make Canada safer by improving the protection of sensitive information, strengthening how our Armed Forces operate alongside one of our closest allies, and ensuring faster, more effective coordination when it matters most. It reinforces Canada’s ability to respond to emerging threats, support our security priorities at home, and work seamlessly with like-minded partners to protect Canadians and defend our shared interests in a more complex world.”

The Honourable Joël Lightbound
Minister of Government Transformation, Public Works and Procurement and Quebec Lieutenant

“Canada’s relationship with France reflects a shared commitment to upholding international security and strengthening allied cooperation to address regional and global issues. This agreement reinforces Canada’s ability to work closely with a key European ally on shared strategic priorities, while underscoring Canada’s role as a reliable and engaged partner in an evolving global security environment.”

The Honourable Anita Anand
Minister of Foreign Affairs

“As longstanding allies, Canada and France have a proud history of working together to strengthen international peace and security. The trust that binds our two countries is particularly important right now, as the rules-based international order weakens across the world. The General Security of Information Agreement signed today strengthens Canada’s ability to cooperate with France on shared defence priorities, enhances military interoperability, and equips both countries to respond rapidly in an increasingly complex global security environment. This is another example of how our government is expanding partnership with like-minded allies to protect Canadians.”

The Honourable Stephen Fuhr
Secretary of State, Defence Procurement

Quick facts

Canada and France are long–standing NATO allies, cooperating on collective defence and international security since the alliance’s founding in 1949.France is among Canada’s leading European trading and investment partners, with billions of dollars in annual two–way trade.GSOIAs are negotiated by Public Services and Procurement Canada’s Industrial Security Sector, in collaboration with Global Affairs Canada and National Defence. Canada and France are both parties to the Canada-European Union Comprehensive Economic and Trade Agreement, which has been provisionally applied since 2017, pending full ratification by all European  Member States.

Associated links

Canada and European Space Agency sign General Security of Information Agreement — Canada.caCanada and Spain sign General Security of Information Agreement, protecting sensitive information and promoting economic prosperity — Canada.caCanada and Portugal protect sensitive information and promote economic prosperity with signing of General Security of Information Agreement — Canada.caCanada and Poland sign General Security of Information Agreement, protecting sensitive information and promoting economic prosperityCanada signs General Security of Information Agreement with Ukraine

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SOURCE Government of Canada

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