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GRANDE PRAIRIE, ALBERTA TheNewswire – March 6, 2026 – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’)  announces the completion of all final payments and closing of the sale of its 40% participating interest (the ‘Assets’) in the Evesham Macklin oil and gas lands in Saskatchewan. The transaction has received conditional approval from the TSX Venture Exchange.

 

As previously announced (Angkor Resources SIGNS DEFINITIVE AGREEMENT TO SELL EVESHAM OIL PRODUCTION – Angkor Resources Corp,) January 5, 2026), the Company’s wholly-owned subsidiary, EnerCam Exploration Ltd. (the ‘Vendor’), entered into an Agreement of Purchase and Sale dated December 31, 2025 (the ‘Agreement’) with 2196231 Alberta Ltd., an arm’s length party (the ‘Purchaser’), for the disposition of the Assets at a purchase price of $4,800,000.

All payments under the Agreement have now been received and deposited into the Company’s accounts, including:

(a)  a $250,000 non-refundable deposit paid on December 19, 2025;

(b)  a payment of $375,000 paid on January 30, 2026;

(c)  the balance of the Loan of $3,800,000, applied to the purchase price on closing;

(d)  a final payment of $375,000 received on March 1, 2026; and

(e)  all profit entitlements and operating and capital commitments under the Assets after October 1, 2025 have accrued to the Purchaser.

The sale of the oil and gas assets was a strategic decision that removed a debt of $3,800,000 off the books and provided the Company with $1,000,000 in net proceeds. Shareholder approval for the disposition was obtained at the Annual General and Special Meeting of Shareholders held on January 29, 2026, where over 99% of the votes cast were in favour of the transaction.

 

Delayne Weeks, CEO, commented ‘We are pleased to announce the successful closing of the Evesham disposition. This transaction eliminates $3,800,000 in debt and provides the Company with additional working capital. We can now focus our resources and efforts on advancing our Cambodian onshore Block VIII oil and gas project and our mineral exploration programs, which represent the highest potential for growth and value creation for our shareholders.  Discovering oil and gas in Cambodia as a new jurisdiction is a country changer. It brings energy independence to the entire nation, significantly reduces the imports of hydrocarbon based energy, and develops a very significant sector of new skillset development and employment opportunities.’

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Cambodia.  

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold.  Both licenses are in their first two-year renewal term.    

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas and added 220 square kilometres, making the license area just over 4095 square kilometres.  EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing Nation.  Having completed seismic in 2025, the Company has identified multiple drill targets and advances an Environmental Impact Assessment and drilling plans to drill Cambodia’s first onshore oil & gas exploratory wells.

CONTACT:   Delayne Weeks – CEO

Email:-   info@angkorresources.com   Website: angkorresources.com  

Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

_____________________________________

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the anticipated benefits of new leadership expertise, and the Company’s plans to develop its resources and create shareholder value.

In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the Company will successfully advance the development of its resources and that such efforts will result in creating shareholder value.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the Company will not advance the development of its resources and that the Company will not create shareholder value.

 

Copyright (c) 2026 TheNewswire – All rights reserved.

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Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ) (‘BRW’ or the ‘Corporation’) is pleased to announce that as a result of strong investor demand, it has increased the maximum gross proceeds of its previously announced non-brokered private placement from $4,000,000 to $5,500,000 (the ‘Offering’). The upsized Offering now consists of the sale of up to 22,000,000 units of the Corporation (‘Units’) at a price of $0.25 per Unit. For more information about the Offering, please refer to the Corporation’s news release dated February 25, 2026.

Mr. Killian Charles, President & CEO of BRW, commented: ‘With these additional funds, we will accelerate the consolidation of multiple targets across several jurisdictions that we have identified as high-priority alongside the advancement of our Quebec portfolio. We look forward to sharing the result of these initiatives as rapidly as possible over the coming weeks.’

Each Unit will consist of one common share of the Corporation and one half of one common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant will entitle the holder thereof to purchase one common share of the Corporation at a price of $0.35 at any time for a period of 36 months following the Closing Date (as defined herein).

The Offering is conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘Listed Issuer Financing Exemption‘). The securities issued under the Listed Issuer Financing Exemption are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada.

There is an amended and restated offering document related to the upsized Offering that can be accessed under the Corporation’s profile at www.sedarplus.ca and on the Corporation’s website at www.brwexplo.ca. Prospective investors should read this offering document before making an investment decision.

The Offering is expected to close on or about March 18, 2026 (the ‘Closing Date‘) and is subject to customary conditions including the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Brunswick Exploration Inc.

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Corporation is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The Corporation is rapidly advancing the most extensive grassroots lithium property portfolio in Canada, Greenland and Saudi Arabia underpinned by its Mirage project, one of the largest undeveloped hard-rock lithium Inferred Mineral Resource Estimate in the Americas, with 52.2Mt grading 1.08% Li2O.

Investor Relations/information

Mr. Killian Charles, President and CEO
Phone: (514) 861-4441
Email: info@BRWexplo.com

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Generally, forward-looking information can be identified using forward-looking terminology such as ‘plans’, ‘seeks’, ‘expects’, ‘estimates’, ‘intends’, ‘anticipates’, ‘believes’, ‘could’, ‘might’, ‘likely’ or variations of such words, or statements that certain actions, events or results ‘may’, ‘will’, ‘could’, ‘would’, ‘might’, ‘will be taken’, ‘occur’, ‘be achieved’ or other similar expressions. Such forward-looking information includes, but is not limited to, statements concerning the completion of the Offering and the date of such completion, and approval of the TSX Venture Exchange. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information including, without limitation, risks and uncertainties relating to mining exploration, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration industry; and those risks set out in the Corporation’s public documents filed on SEDAR+ at www.sedarplus.ca. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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Virtual Investor Conferences, the leading proprietary investor conference series, announced that the presentations from the March 5th Clean Energy & Renewables Virtual Investor Conference are now available for on-demand viewing.

REGISTER AND VIEW PRESENTATIONS HERE

The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company’s resource section.

Select companies are accepting 1×1 management meeting requests through March 10th.   

Please Schedule 1×1 Meetings here

March 5th:

Presentation Ticker(s)
Bimergen Energy Corporation (NYSE American: BESS) 
Hillcrest Energy Technologies Ltd. (OTCQB: HLRTF | CSE: HEAT) 
P2 Solar, Inc. (OTCID: PTOS)
EverGen Infrastructure Corp. (OTCQB: EVGIF | TSXV: EVGN) 
Cielo Waste Solutions Corp. (OTCQB: CWSFF| TSXV: CMC)
Rzolv Technologies Inc. (OTCQB: RZOLF | TSXV: RZL,OTC:RZOLF)
Stardust Solar Energy Inc. (OTCQB: SUNXF | TSXV: SUN)
Waste Energy Corp. (OTCQB: WAST)

To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

About Virtual Investor Conferences®

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

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

Media Contact: 
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

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

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Here’s a quick recap of the crypto landscape for March 6 as of 2:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin (BTC) was priced at US$69,321.36 down by 5.3 percent over the last 24 hours.

Bitcoin price performance, March 6, 2026.

Chart via TradingView

Ether (ETH) was priced at US$2,017.05, down by 5.6 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.37, down by 4.5 percent over 24 hours.
  • Solana (SOL) was trading at US$86, down by 6.3 percent over 24 hours.

Today’s crypto news to know

NYSE parent backs crypto exchange in US$25 billion deal

Wall Street’s push deeper into digital assets gathered pace after Intercontinental Exchange (ICE) agreed to acquire a stake in crypto exchange OKX in a deal valuing the platform at about US$25 billion.

ICE, the parent company of the New York Stock Exchange, will also take a seat on OKX’s board, according to a company statement.

The agreement comes roughly a year after OKX pleaded guilty to a felony and paid about US$504 million in penalties over allegations it processed more than US$1 trillion in US customer transactions without a license.

Despite that history, executives say the new partnership signals a shift toward regulatory alignment. ICE executive Michael Blaugrund said on-chain systems will increasingly play a role in clearing, settlement, and capital formation.

Bitcoin ETF outflows persist

Spot Bitcoin exchange-traded funds recorded US$227.9 million in net outflows on Thursday (March 5), marking the largest single-day withdrawal in roughly three weeks.

The redemptions coincided with Bitcoin slipping back below US$70,000 after briefly climbing near $US73,000 earlier in the week.

Despite this, analysts say the broader trend may be stabilizing as institutional investors quietly reposition. Data tracked by Glassnode shows the 14-day ETF net-flow trend turning positive, while the 30-day change in ETF positions has stabilized near 23,943 after plunging into deeply negative territory earlier this year.

Pudgy Penguins faces trademark challenge from apparel brand

The crypto-native brand behind the popular Pudgy Penguins NFT collection is facing a trademark lawsuit from the company that owns the Original Penguin clothing label.

PEI Licensing, which has used penguin imagery in apparel since the 1950s, alleges the NFT brand’s logos and trademarks could confuse consumers and infringe on its long-standing intellectual property rights.

Filed in federal court in Florida, the complaint claims Pudgy Penguins’ use of similar penguin imagery and trademark applications for phrases tied to its brand violate fair-competition laws. The plaintiff says the similarities between apparel and merchandise sold by both companies could lead buyers to believe the two brands are affiliated.

PEI is seeking financial damages, the rejection of certain trademark filings, and the destruction of products bearing allegedly infringing designs.

Pudgy Penguins has expanded beyond NFTs into a broader consumer brand, launching a Solana-based token and distributing physical toys through major retailers including Walmart and Target. The toy line alone reportedly generated more than US$10 million in sales within its first year.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Nuvau Minerals Inc. (TSXV: NMC,OTC:NMCPF) (the ‘Company’ or ‘Nuvau’) is pleased to announce that it has closed the second and final tranche of its previously announced brokered private placement pursuant to which the Company issued (i) an aggregate of 7,928,523 common shares of the Company (each, a ‘FT Share’) that qualify as ‘flow-through shares’ within the meaning of the Income Tax Act (Canada) (the ‘Tax Act’), at an issue price of $0.90 per FT Share, for gross proceeds of $7,135,670.70, and (ii) an aggregate of 320,000 units of the Company (each, a ‘Unit’), at a price of $0.80 per Unit, for gross proceeds of $256,000 (together, the ‘Offering’). Together with the closing of the first tranche of the Offering on February 25, 2026, the Company has raised an aggregate of $21,368,670.70 in gross proceeds. Each Unit is comprised of one common share of the Company (each, a ‘Common Share’) and one-half of one transferrable common share purchase warrant of the Company (each whole warrant, a ‘Warrant’), with each Warrant entitling the holder thereof to purchase one Common Share at a price of $1.30 per Common Share until February 25, 2029.

The gross proceeds of the Offering will be used by the Company to incur eligible ‘Canadian exploration expenses’ (as defined in the Tax Act), which will qualify as ‘flow-through mining expenditures’ or as ‘flow-through critical mineral mining expenditures’ (‘FTCMME‘) (each as defined in the Tax Act) (the ‘Qualifying Expenditures‘). At least 30% of the Qualifying Expenditures to be renounced to each subscriber of FT Shares will qualify as FTCMME, with certain subscribers being entitled to the renunciation of a higher percentage of Qualifying Expenditures that qualify as FTCMME. All Qualifying Expenditures will be incurred by the Company on or before December 31, 2027, and will be renounced in favour of the subscribers of the FT Shares with an effective date on or before December 31, 2026.

The Offering was co-led by Clarus Securities Inc. and Integrity Capital Group Inc., as co-lead agents and co-lead bookrunners (together, the ‘Agents‘). In consideration for the Agents’ services, the Company paid the Agents a cash commission equal to 6.0% of the gross proceeds of the Offering (the ‘Cash Fee‘), provided that the Company paid a reduced Cash Fee of 3.0% in respect of the gross proceeds raised from sales to purchasers included on a president’s list formed by the Company in consultation with the Agents (the ‘President’s List Purchasers‘). In addition, the Company agreed to issue to the Agents such number of non-transferable compensation options of the Company (the ‘Compensation Options‘) as is equal to 6.0% of the aggregate number of FT Shares and/or Units sold under the Offering; provided that such number of Compensation Options was reduced to 3.0% of number of FT Shares and/or Units sold to President’s List Purchasers. Each Compensation Option entitles the holder thereof to purchase one Unit at a price of $0.80 per Unit at any time and from time to time until March 6, 2029.

In connection with the Offering, a director of the Company subscribed for an aggregate of 444,444 FT Shares for aggregate gross proceeds of $444,444. Each subscription by an ‘insider’ is considered to be a ‘related party transaction’ for the purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. Specifically, the Company is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on section 5.5(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves insiders, is not more than 25% of the Company’s market capitalization. Additionally, the Company is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(1)(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves insiders, is not more than 25% of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the expected closing date of the Offering as the details of the Offering and the participation of insiders therein was not settled until shortly prior to the closing of the Offering, and the Company wished to close the Offering on an expedited basis for sound business reasons.

All securities issued under the Offering are subject to a hold period expiring four months and one day from the date hereof. The Offering remains subject to final acceptance of the TSX Venture Exchange.

The securities offered have not been registered under the U.S. Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Nuvau

Nuvau is a Canadian mining company, incorporated under the OBCA, currently in the exploration and development phase. Nuvau’s principal asset is the Matagami property, located in Abitibi region of central Québec, Canada. The Matagami property was acquired from Glencore Canada Corporation on March 1, 2026, pursuant to the terms and conditions of a second amended and restated earn-in agreement dated January 28, 2026, among Nuvau, Nuvau Minerals Corp. and Glencore Canada Corporation.

Further Information

All information contained in this news release with respect to the Company was supplied by the respective party for inclusion herein, and each party and its directors and officers have relied on the other party for any information concerning the other party.

For further information please contact:

Nuvau Minerals Inc.
Peter Van Alphen
President and CEO
Telephone: 416-525-6063
Email: pvanalphen@nuvauminerals.com

Cautionary Statements

This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements‘) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward- looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’, ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning the proposed use of proceeds of the Offering, and the Company’s ability to obtain final exchange approval for the Offering. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286499

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Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could lead to a permanent ban.

The airline revised its contract of carriage on Feb. 27 to include the new provision, which sits under the ‘refusal of transport’ section that outlines the instances in which United can boot its passengers from flights.

According to the document, United reserves the right to refuse transport — on a permanent basis — to any passenger who listens to their entertainment on speaker.

It also states that any passenger who causes United ‘any loss, damage or expense of any kind,’ may be responsible for reimbursing the airline.

‘We’ve always encouraged customers to use headphones when listening to audio content — and our Wi-Fi rules already remind customers to use headphones,’ United said in a statement. ‘With the expansion of Starlink, it seemed like a good time to make that even clearer by adding it to the contract of carriage.’

Passengers who forgot their headphones at home can request a free pair on their flight, if they’re available, according to United’s in-flight entertainment information.

The move inspired a strong reaction online.

‘One would think this is common sense and airlines would have in their rules,’ said one Reddit user. ‘Now let’s have the same rule for airline lounges.’

Others complained that this has become increasingly common on flights, especially among those with small children.

‘As a flight attendant; we have to tell people literally every flight,’ another person said on Reddit. ‘It makes our jobs harder when we’re stuck policing common courtesy instead of just focusing on service & safety.’

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Precious metals prices are down on potential for economic fallout from escalating US-Iran War.

Volatility has returned to the precious metals market this past week. All eyes are on the breakout of a full-scale war across the Middle East prompted by a coordinated assault on Iran by the United States and its ally Israel. Oil prices are up, which means inflation risks are once again on the minds of Federal Reserve board members as they contemplate upcoming interest rate decisions.

Let’s take a look at what’s got the precious metals moving over the past week.

Gold price

The price of gold is showing remarkable resilience in the face of strong volatility this past seven very eventful days. On Thursday (February 26), the yellow metal managed an intraday high of US$5,200 per ounce, well above the low of US$4,440 per ounce reached in the first few days of February following US President Donald Trump’s nomination of Kevin Warsh, a former Federal Reserve governor, to replace Jerome Powell as the next Fed chair.

Gold continued this upward trend on Friday (February 27) rising to an intraday high of US$5,270 per ounce. Over the weekend, tensions in the Middle East erupted into a full-scale war as the US and Israel launched a massive military campaign targeting multiple locations across Iran. Consequently, Iran quickly escalated the conflict into a large-scale regional war including missile strikes and drone attacks in Israel, Cyprus, the United Arab Emirates, Saudi Arabia, Qatar, Bahrain and Kuwait.

The events lit a fire of safe-haven demand for gold, pushing prices up over US$5,400 per ounce on Monday (March 2). However, the yellow metal just as quickly reversed course on profit-taking and dropped as low as US$5,263 per ounce before recovering to a close of US$5,328 per ounce.

By Tuesday (March 3), the precious metal had lost further ground, following slightly below the psychologically important US$5,000 mark during morning trading, before finishing the day at US$5,088 per ounce.

Gold was trading back up at US$5,195 per ounce early Wednesday morning, as investors sought to buy the dip–a sign that strong confidence remains in the long-term bullish outlook for the metal. Gold closed the day at US$5,145.24 per ounce as investors balance safe-haven demand with the potential for higher interest rates for longer.

Gold price chart, February 25, 2026 to March 4, 2026.

Here are the primary drivers for gold this past week:

  • Geopolitical conflict in the Middle East remains the primary driver for safe-haven gold this week. Investors once again flocked to safe-haven gold, pushing the precious metal to near-record highs.
  • Expected profit-taking brought a healthy correction to the gold market, which contributed to the sharp, short-term drop on Tuesday.
  • Investor faith in gold’s long-term value brought on a buy-the-dip sentiment, giving the metal a strong level of support.
  • Concerns that rising oil prices as a result of the US-Iran war will lead to increased inflation is likely to place pressure on the Federal Reserve to delay interest rate cuts until later in the year. This takes a bit of the wind out of the sails for gold prices.
  • The likelihood of interest rates staying pat for longer strengthened the US Dollar and raised 10-year Treasury yields, both of which are also price negative for gold.

In other gold news, the World Gold Council reported that for the first time in more than a decade the Bank of Korea will begin investing in overseas-listed physical gold ETFs.

In gold mining sector news, SSR Mining (NASDAQ:SSRM,TSX:SSRM,OTCPL:SSRGF) has agreed to sell its majority stake in the Çöpler gold mine in Turkey for US$1.5 billion in cash.

Silver price

Silver has also experienced a volatile week of trading influenced by geopolitical tensions and concerns over the Fed’s next monetary policy moves.

Still well below its all-time high of more than US$120 per ounce it reached on January 29, 2026. The white metal traded at an intraday high of US$88.95 Thursday (February 26) before surging as high as US$94.14 per ounce the following day.

For Monday (March 2), silver continued higher to reach US$95.71 per ounce in early morning trading. Tracking gold’s decline, silver prices touched as low as US$86.61 that day before recovering to close at US$89.34 per ounce.

Tuesday’s (March 3) dip saw silver sink as low as US$79.734 per ounce in early morning trading before closing up at US$82.05 per ounce. Silver managed to hold on to those gains Wednesday (March 4) to close the trading day at US$83.56 per ounce

Silver price chart, February 25, 2026 to March 4, 2026.

As the world’s most electrically and thermally conductive metal, silver is still receiving strong support from industrial demand. The entrenched silver supply deficit also continues to provide a floor of support for the metal’s price.

In silver mining news, major silver producer Fresnillo (LSE:FRES,OTCPL:FNLPF), reported earnings before interest, tax, depreciation, and amortization of US$2.80-billion for the 12 months ended December 31, 2025, up more than 80 percent over the previous year. This allowed the company to payout a total of US$950-million, or 128.92 cents per share, to shareholders for 2025.

Platinum price

Platinum prices were trading well above the US$2,200 mark on Thursday (February 26), reaching as high as US$2287.50 per ounce. Friday brought further gains, with the precious metal pushing up past the US$2,400 per ounce level, although only slightly and very briefly.

However, by Monday (March 2) the price of platinum had slid as low as US$2,291.50 in the morning trade before finishing the day at a four-week high of US$2,325.70 per ounce.Tuesday (March 3) brought further volatility for platinum prices as they sank as low as US$2,015.70 as part of a broader liquidation event in the commodities markets. Yet, platinum managed to swing back slightly above the US$2,100 level by the end of the trading day.

Wednesday (March 4) saw platinum hanging on to those gains and moving upward to close at US$2,165.80 per ounce.

Platinum price chart, February 25, 2026 to March 4, 2026.

Platinum prices this week were supported by a March 3 report from the World Platinum Investment Council (WPIC) highlighting the fourth consecutive annual platinum market deficit with a 240,000 ounce shortfall expected in 2026. Although that is much lower than the 1.1 million ounce deficit recorded in 2025.

Demand is being driven by the metal’s essential role in the emerging hydrogen economy. The WPIC reports it sees support for platinum will come from a 7 percent rise in hydrogen stationary applications in 2026.

Palladium price

Palladium also succumbed to the downward trend for precious metals prices this past seven days. On Thursday (February 26), palladium retreated from the one-month highs above the US$1,900 level experienced last week to slip as low as US$1,770.50 per ounce in morning trading and struggled to finish the day close to US$1,800 per ounce. Friday found the metal back up to an intraday high of US$1,856.50 per ounce.

On Monday (March 2), palladium lost ground again, dipping to a low of US$1,781 per ounce before closing out the day at US$1,803 per ounce. However, the following day palladium’s price tracked its sister metals in a runaway slide that brought prices to a low of US$1,631 per ounce. By the end of the trading day it had only managed to claw back to US$1,672 per ounce.

After rebounding to US$1,730 per ounce in early morning trading Wednesday, palladium closed out the day at the US$1,700 level.

Palladium price chart, February 25, 2026 to March 4, 2026.

It seems investors are reassessing palladium’s value with a focus on broader economic risks to industrial demand brought about from potential shipping route closures in the Strait of Hormuz.

Market tightness persists due to output disruptions in South Africa and uncertainty over Russian exports, which provide a partial floor for prices.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

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Couloir Capital is pleased to announce that it has initiated research coverage on 55 North Mining Inc. (CSE: FFF,OTC:FFFNF) (or ‘Company’). Couloir Capital’s senior mining analyst, Ron Wortel, MBA, P.Eng., QP, crafted a report titled ‘Initiating Coverage of 55 North Mining as it moves project on production.’

Report excerpts: ‘The Last Hope Gold Project is a high-grade, Precambrian lode-gold system located within Manitoba’s prolific Lynn Lake Greenstone Belt, part of the Churchill Structural Province.’

‘Last Hope benefits from a strategic position within the historic Lynn Lake mining district, a region with established social license, supportive regulatory frameworks, and a deep legacy of gold and base-metal production. The project lies 25 km from Alamos Gold’s fully permitted Lynn Lake development, where construction of an 8,000 tpd mill and 250,000 oz/year operation is underway, with first production targeted for 2029. Management views Last Hope as a potential high-grade satellite feed or toll-milling opportunity that could enhance grade control and improve the IRR of the regional mill project, creating optionality for partnership, consolidation, or a corporate-level transaction.’

The report can be accessed through Couloir Capital’s portal: https://www.couloircapital.com/research-portal.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm with a team of experienced investment professionals providing institutional-quality research coverage for small-cap equities. Our research reports are distributed via Bloomberg, FactSet, Capital IQ, LSEG, Research Tree and other platforms, as well as via social media and extensive email distribution lists. To subscribe, visit: https://www.couloircapital.com/research-portal

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.
Email: rstitt@couloircapital.com
www.couloircapital.com

DISCLAIMER:

Analyst Disclosure:

  1. The Company has retained Couloir Capital under a service agreement that includes analyst research coverage only.
  2. The principal of Couloir Capital maintains a financial interest in the securities or options of the Company through an affiliated fund entity.

Investors are encouraged to read the complete list of disclosures contained in the report.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286367

News Provided by TMX Newsfile via QuoteMedia

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Oil and gas prices extended their sharp climb this week as the escalating conflict between the US, Israel, and Iran disrupts shipping through one of the world’s most critical energy chokepoints.

Crude oil futures surged again on Thursday (March 5), with the US benchmark climbing roughly 3.5 percent to about US$77 per barrel—the highest level in more than a year. Brent crude rose nearly 3 percent to around US$83 per barrel.

The waterway, which separates Iran from the United Arab Emirates (UAE) and Oman, carries roughly one-fifth of the world’s daily oil and liquefied natural gas shipments.

Since the latest wave of hostilities began over the weekend, tanker traffic through the strait has largely stalled, with shipowners reluctant to transit the area amid continued missile attacks and drone strikes.

Energy prices have already surged roughly 15 percent since the conflict intensified. US gasoline prices are beginning to reflect the shock, rising nearly 9 percent in just one week. The average price of a gallon of regular gasoline in the US climbed from US$2.98 before the attacks to about US$3.25, according to AAA.

Financial markets have responded cautiously. Futures for the Dow Jones Industrial Average fell about 0.3 percent ahead of Thursday’s opening bell, while the S&P 500 (INDEXSP:.INX) and Nasdaq Nasdaq Composite (INDEXNASDAQ:.IXIC) futures also edged lower.

If prices remain elevated, analysts warn the surge could complicate the US Federal Reserve’s efforts to tame inflation. Rising energy costs may reduce the likelihood of interest rate cuts this year, keeping borrowing costs higher for longer and potentially slowing economic growth.

‘If the strait were to close for an extended period of time, it would be among the greatest supply shocks in history, and the price of oil undoubtedly would escalate well over US$100,’ analysts from S&P Ratings said in a FocusEconomics update. ‘Given the importance of the strait and the substantial US military presence in the region, it’s highly doubtful the strait could be closed for an extended period of time.”

Continued attacks halt gulf trade

Meanwhile, supply disruptions are intensifying across the Middle East. Shipping data shows tanker traffic through the Strait of Hormuz has dropped dramatically, falling from about 40 vessels per day earlier this year to virtually none in recent days.

Hundreds of oil and gas carriers are now anchored outside the waterway waiting for the security situation to stabilize.

Attacks on commercial shipping have added to the uncertainty. A tanker anchored near Kuwait reported a large explosion on its port side earlier this week. The vessel reportedly suffered a cargo tank leak, although the crew was unharmed.

Other incidents have also been reported. At least nine vessels have come under attack since the conflict began, including tankers targeted by drones and explosive boats in Gulf waters.

Onshore energy infrastructure has also been affected. Several refineries in the region have cut operations or temporarily halted production, while Iraq reportedly reduced oil output by nearly 1.5 million barrels per day after storage capacity filled up when tankers were unable to load cargo.

Liquefied natural gas markets are also facing additional pressure after QatarEnergy halted production earlier this week and declared force majeure on exports. The state-owned firm is one of the world’s largest LNG suppliers, responsible for roughly 20 percent of global shipments.

European natural gas prices have surged in response, rising roughly 50 percent this week amid concerns that supply disruptions could tighten global markets heading into next winter’s storage season.

Despite the escalating crisis, global equity markets have shown signs of stabilizing. Asian stock markets rebounded Thursday after heavy losses earlier in the week, with South Korea’s KOSPI jumping nearly 10 percent and Japan’s Nikkei 225 (INDEXNIKKEI:NI225) gaining about 1.9 percent.

Governments are also scrambling to stabilize shipping lanes. US President Donald Trump said Washington would offer political risk insurance for tankers attempting to pass through the Strait of Hormuz and indicated that U.S. naval forces could escort commercial vessels if necessary.

Insurance markets are also evaluating potential coverage frameworks for ships willing to transit the area, according to Lloyd’s of London.

“The implications for the global economy will depend largely on the duration and severity of the crisis. The real GDP of major advanced and emerging economies is far less dependent on oil than during past crises,’ Marc-Antoine Dumont, Senior Economist at Desjardins, and Randall Bartlett, Deputy Chief Economist, commented.

‘That said, Asia and China remain more exposed to the consequences of a prolonged disruption in Middle Eastern oil supply. On one hand, the US is now a net exporter of petroleum products, and a sustained increase in prices could even have positive spillovers for investment in the resource sector, which has struggled in recent years.”

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Moderna (NASDAQ:MRNA) has agreed to pay US$950 million to resolve a long-running patent dispute tied to the technology used in its COVID-19 vaccine.

The pharmaceuticals giant announced it has reached a global settlement with Arbutus Biopharma (NASDAQ:ABUS) and Genevant Sciences GmbH over claims that Moderna’s vaccines infringed patents related to lipid nanoparticle (LNP) delivery technology.

The tiny fat-based particles are used to transport mRNA vaccines into human cells.

Under the agreement, Moderna will make a lump-sum payment of US$950 million in the third quarter of 2026 and will not owe royalties on existing or future vaccines. The settlement resolves all litigation worldwide involving the companies.

The case had centered on allegations that Moderna used LNP technology owned by Arbutus and Genevant in its COVID-19 shot without authorization.

Moderna CEO Stéphane Bancel said the settlement clears the path for the company to focus on its pipeline.

“Resolving this legacy matter from our pandemic response removes uncertainty and allows us to turn our full focus to Moderna’s exciting near-term future,” Bancel said in a company statement.

Moderna also said it will continue pursuing an appeal related to its claim of government-contractor immunity under US law, which could further limit its liability.

If the Federal Circuit Court ultimately rules against the company on that issue, Moderna could be required to make an additional payment of up to US$1.3 billion within 90 days of the decision. The company said it has not recorded any additional charge tied to that possibility because it does not consider the loss probable.

The company expects to record a US$950 million charge in the first quarter of 2026 tied to the settlement payment.

Despite the payout, Moderna said it expects to end 2026 with between US$4.5 billion and US$5 billion in cash and cash equivalents. Including access to its credit facility, the company estimates total available liquidity of between US$5.4 billion and US$5.9 billion.

Investors responded positively to the resolution of the dispute, which analysts said removes a major uncertainty hanging over the company. Shares of Moderna rose by as much as 10 percent in premarket trading after the announcement, while Arbutus shares declined

While the agreement resolves Moderna’s dispute with Arbutus and Genevant, the company remains involved in other intellectual property litigation.

Moderna has ongoing legal claims against Pfizer (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) related to mRNA technology used in competing COVID-19 vaccines.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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