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Tech Weekly: Broadcom and OpenAI Sign Deal, AMD and Oracle Announce Partnership

Investing 4 Mins Read

This week was marked by strong, event-driven volatility across the tech sector.

Market moves were shaped by artificial intelligence (AI) infrastructure announcements, semiconductor earnings, signals of macroeconomic stress and escalating tensions between the US and China.

Effects of the US government shutdown, coupled with renewed trade tensions between the world’s largest tech markets, weighed on global equities. Quarterly results from regional banks eased earlier concerns about credit risks after Zions Bancorp (NASDAQ:ZION) and Western Alliance (NYSE:WAL) disclosed loan issues related to apparent fraud.

Wall Street ultimately saw weekly gains, despite a midweek selloff that impacted high-value, high-risk sectors.

Hardware and infrastructure were the core positive contributors in the tech sector, reflecting the ongoing AI supercycle investment theme fueled by chip production and data center buildouts.

Semiconductor stocks were the standout performers, boosted by record earnings reports from Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM) on Tuesday (October 14) and ASML Holding (NASDAQ:ASML) on Wednesday (October 15). Broadcom (NASDAQ:AVGO) and NVIDIA (NASDAQ:NVDA) also rose alongside TSMC, contributing to PHLX Semiconductor Sector’s (INDEXNASDAQ:SOX) 1.2 percent rebound on Thursday (October 16).

Advanced Micro Devices’ (NASDAQ:AMD) deal with Oracle (NYSE:ORCL) to deploy 50,000 GPUs, which was announced the same day as TSMC’s earnings, added a competitive dynamic that sparked selective volatility among chipmakers; at the same time, it underscored strong AI-driven hardware demand across the sector.

In consumer hardware, Apple’s (NASDAQ:AAPL) product launch was notable, but not the primary market mover.

Data centers also had a big impact, highlighted by Microsoft’s (NASDAQ:MSFT) US$14 billion Texas AI data center partnership with Nscale, and Brookfield Asset Management’s (TSX:BAM,NYSE:BAM) US$5 billion investment in Bloom Energy’s (NYSE:BE) fuel cell technology for powering AI-focused data centers. Oracle is forecasting acceleration in its AI data center business, indicating expanding hardware-backed infrastructure demand

Software and cloud-native company movements were more mixed, with gains from Salesforce (NYSE:CRM), but declines from others like Meta Platforms (NASDAQ:META) and Palantir Technologies (NASDAQ:PLTR).

3 tech stocks that moved markets this week

1. Broadcom (NASDAQ:AVGO)

Broadcom shares surged nearly 10 percent on Monday (October 13) after OpenAI announced a multi-year agreement to co-develop custom AI GPUs. The collaboration will focus on deploying 10 gigawatts of custom AI accelerators designed by OpenAI and built by Broadcom, with deployment set to start in H2 2026 and continue through 2029.

Later, multiple reports emerged citing individuals claiming that OpenAI is also partnering with Arm Holdings (NASDAQ:ARM) to produce custom CPUs to work alongside its Broadcom co-designed chip.

Shares of Arm also advanced by over 11 percent.

2. Advanced Micro Devices (NASDAQ:AMD)

Oracle and AMD also announced a major partnership this week, where Oracle will deploy 50,000 AMD-powered MI450 GPUs in its cloud infrastructure starting in the third quarter of 2026, with plans for ongoing expansion.

AMD’s share price rose by over 9 percent on the news, with the deal creating competitive pressure for rival chipmakers like NVIDIA. Meanwhile, Oracle shares declined by almost 7 percent on Friday (October 17) after the firm’s CEO, Clay Magouryk, provided an upbeat projection to analysts, indicating that the deployment of 50,000 AMD-powered MI450 GPUs will significantly accelerate Oracle’s AI business growth.

However, analysts highlighted the potential for a significantly high CAPEX, possibly leading to negative free cashflow totaling more than US$26 billion over the next three fiscal years.

3. Salesforce (NYSE:CRM)

Shares of Salesforce rose by almost 4 percent on Thursday after the company announced a revenue target of US$60 billion by 2030 during its Investor Day at Dreamforce event on Wednesday.

Salesforce plans to achieve this ambitious target through accelerated adoption of AI-powered cloud platforms and ongoing innovation in enterprise software services, as well as expanded use of generative AI across its CRM, analytics, and automation suites.

Broadcom, Salesforce and AMD performance, October 14 to 17, 2025.

Chart via Google Finance.

Tech ETF performance

This week, the iShares Semiconductor ETF (NASDAQ:SOXX) advanced by 1.94 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a weekly gain of 1.66 percent.

The VanEck Semiconductor ETF (NASDAQ:SMH) increased by 1.59 percent.

These modest gains occurred against a backdrop of heightened volatility, indicating ongoing optimism in the long-term growth of the semiconductor industry.

Other tech market news

            Tech news to watch next week

            Next week brings quarterly earnings from major tech firms Tesla (NASDAQ:TSLA) and IBM (NYSE:IBM) on October 22, followed by Intel (NASDAQ:INTC) and Amazon (NASDAQ:AMZN) on October 23.

            Any new developments in US-China relations, potential technology export restrictions or antitrust actions could significantly affect tech stock performance. Market watchers will also be on the lookout for any indication of an end to the US government shutdown.

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

            This post appeared first on investingnews.com

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            Finlay Minerals Announces Closing of Non-Brokered Private Placement of Flow-Through and Non-Flow-Through Units

            Investing 6 Mins Read

            /NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

            finlay minerals ltd. (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF) (‘Finlay’ or the ‘Company’) is pleased to announce that it has closed its non-brokered private placement (the ‘Private Placement’), previously announced on October 6, 2025, consisting of the issuance of: (i) 10,633,999 flow-through units of the Company (each, a ‘FT Unit’) at a price of $0.15 per FT Unit, and (ii) 883,000 non-flow-through units of the Company (each, a ‘NFT Unit’) at a price of $0.13 per NFT Unit, for aggregate gross proceeds to the Company of $1,709,890.

            Each FT Unit is comprised of one common share of the Company issued on a flow-through basis under the Income Tax Act (Canada) (a ‘FT Share‘) and one-half of one non-flow-through common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant is exercisable by the holder thereof to acquire one non-flow-through common share of the Company (a ‘NFT Share‘) at an exercise price of $0.25 per NFT Share until October 17, 2027.

            Each NFT Unit is comprised of one NFT Share and one Warrant with identical terms to the Warrants underlying the FT Units.

            The Company intends to use the gross proceeds of the Private Placement for exploration of the Company’s SAY, JJB and Silver Hope properties, and for general working capital purposes, as more particularly described in the offering document for the Private Placement. The Company will use the gross proceeds from the issuance of FT Shares to incur ‘Canadian exploration expenses’ and qualify as ‘flow-through critical mineral mining expenditures’, as such terms are defined in the Income Tax Act (Canada).

            The Private Placement was conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions and in reliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. The securities issued to purchasers in the Private Placement are not subject to a hold period under applicable Canadian securities laws. The Private Placement is subject to final approval of the TSX Venture Exchange.

            The Company paid aggregate cash finder’s fees of $96,550.78 and issued 648,358 non-transferable finder warrants (each a ‘Finder Warrant‘) to arm’s length finders of the Company, as compensation for identifying purchasers in the Private Placement. Each Finder Warrant entitles the holder thereof to purchase one NFT Share at an exercise price of $0.25 per NFT Share until October 17, 2027. The Finder Warrants and the NFT Shares issued on exercise thereof are subject to a hold period expiring on February 18, 2026 in accordance with applicable securities laws.

            This press 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 the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

            About finlay minerals ltd.

            Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. All of the properties are located in areas of recent copper-gold porphyry discoveries.

            Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com 

            On behalf of the Board of Directors,

            Robert F. Brown,
            Executive Chairman of the Board

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

            Forward-Looking Information: This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the final approval for the Private Placement from the TSXV and the planned use of proceeds for the Private Placement. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the ability to obtain regulatory approval for the Private Placement, the state of equity markets in Canada and other jurisdictions, market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements, and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law. 

            SOURCE finlay minerals ltd.

            View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2025/17/c8773.html

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            Giorgio Armani group names longtime executive Giuseppe Marsocci as CEO

            Business 2 Mins Read

            MILAN — Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said on Thursday, confirming media reports.

            Marsocci, who has been with the company for 23 years, serving as global chief commercial officer for the past six years, steps into the role previously held by founder Giorgio Armani, who died in September.

            Armani kept a tight grip on the fashion empire he set up 50 years ago, but a new structure is emerging for its next phase.

            Marsocci will oversee the planned sale of a 15% stake, with priority to be given to the luxury conglomerate LVMH.PA, beauty heavyweight L’Oreal OREP.PA, eyewear leader EssilorLuxottica ESLX.PA or another group of “equal standing,” as outlined in Armani’s will.

            “His international professional experience, deep knowledge of the sector and the company, discretion, loyalty, and team spirit, together with his closeness to Mr. Armani in recent years, make Giuseppe the most natural choice to ensure continuity with the path outlined by the founder,” said Armani‘s partner and head of men’s design, Pantaleo Dell’Orco, who has taken on the role of chairman.

            Dell’Orco has also recently been appointed to chair the Giorgio Armani Foundation, which controls 30% of the voting rights of his business empire. Dell’Orco already controls 40% of the luxury group’s voting rights.

            The appointment of Marsocci, 61, was unanimously proposed by the Giorgio Armani Foundation, the luxury group said.

            Giorgio Armani’s niece Silvana, head of women’s style, will be appointed vice president, according to the statement.

            This post appeared first on NBC NEWS

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            CHARBONE Announces Closing of Units for Debt Financing Totaling $0.5M

            Investing 3 Mins Read

            (TheNewswire)

            Brossard, Quebec, October 17, 2025 TheNewswire – CHARBONE CORPORATION (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (‘ CHARBONE ‘ or the ‘ Company ‘), a North American producer and distributor specializing in clean Ultra High Purity (‘ UHP ‘) hydrogen and strategic industrial gases, is pleased to announce the closing of Units for debt settlements amounting to $503,125 with a strategic partner for the Sorel-Tracy plant’s construction.

            The Company has settled $503,125 of payables with an arm’s-length supplier through the issuance of units. Each unit offered, priced at $0.12 per Unit, comprised one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $ 0.14 for 12 months following the closing date. A total of 4,192,708 Units will be issued at the closing, at a conversion price per Unit of $0.12. The Company believes that settling its payables through the issuance of securities is appropriate to advance production of its Sorel-Tracy project and to manage its cash prudently.  A formal agreement will reflect any debt settlement and will be subject to the approval of the TSX Venture Exchange. Any securities issued pursuant to a debt settlement will be subject to a statutory four-month hold period in Canada.

            About CHARBONE CORPORATION

            CHARBONE is an integrated company specializing in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific. Through a modular approach, the Company is building a distributed network of green hydrogen production plants while diversifying revenues via helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility, and positions CHARBONE as a leader in the transition to a low-carbon future. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF) , the OTC Markets (OTCQB: CHHYF) , and the Frankfurt Stock Exchange (FSE: K47) . Visit www.charbone.com .

            Forward-Looking Statements

            This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

            Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

            Contact Charbone Corporation

            Telephone: +1 450 678 7171

            Email: ir@charbone.com

            Benoit Veilleux

            CFO and Corporate Secretary

            Copyright (c) 2025 TheNewswire – All rights reserved.

            News Provided by TheNewsWire via QuoteMedia

            This post appeared first on investingnews.com

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            Editor’s Picks: Gold Price Breaks US$4,300, Silver Soars Past US$54

            Investing 4 Mins Read

            It’s been yet another historic week for gold and silver, with both setting new price records.

            The yellow metal broke through US$4,200 per ounce and then continued on past US$4,300. It rose as high as US$4,374.43 on Thursday (October 16), putting its year-to-date gain at about 67 percent.

            Meanwhile, silver passed US$54 per ounce and is now up around 84 percent since 2025’s start.

            Gold’s underlying price drivers are no secret — factors like central bank buying and waning trust in fiat currencies have been major themes in recent years, and they continue to provide support.

            But it’s worth looking at a number of other elements currently in play.

            Among them are a resurgence in the US-China trade war, which has ramped up geopolitical tensions, and the ongoing American government shutdown. The closure has stalled the release of key economic data ahead of the Federal Reserve’s next meeting later this month.

            There have also been troubles at two regional banks in the US — they say they were the victims of fraud on loans to funds that invest in distressed commercial mortgages. Aside from that, Rich Checkan of Asset Strategies International sees western investors entering the market.

            ‘We don’t have a tidal wave or a tsunami by any stretch of the imagination, but the western investor is getting back into this,’ he said, noting that for the past few years his company has mostly been selling to high-net-worth individuals and people looking for deals. ‘Now we’re having flat-out sales.’

            Checkan also weighed in on where gold is at in the current cycle, saying the indicators he tracks — including the gold-silver ratio, interest rates and the US dollar — don’t point to a top.

            ‘They can take a breather, there’s no question about that — you almost kind of want them to. But the reality is, there’s no top in sight,’ he said. ‘I’ve got about, I don’t know, seven, eight, nine different indicators I look at for the top in a bull market for gold. None of them are firing.’

            When it comes to silver, the situation is a little more complicated.

            Vince Lanci of Echobay Partners explained that the London silver market is facing a liquidity crisis — while there’s not a shortage of the metal, it isn’t in the right place, and that’s creating a squeeze.

            Here’s what he said:

            ‘London, when it needs metal, is having a hard time getting it from Asia, because China is not cooperating with the west — for good reason in their mind. And for some reason, the US is not making its metal available as robustly as it used to, to help fill refill London’s coffers. And so that creates a short squeeze.

            ‘There’s enough metal in the world for current needs — let’s say for today’s needs. But it’s not where it should be. So it’s a dislocation.’

            Lanci, who is also a professor at the University of Connecticut and publisher of the GoldFix newsletter on Substack, also made the point that although these circumstances are front and center now, they’re just one part of the larger ongoing bull market for silver. In his view, its growing status as a critical mineral will have major implications, and a triple-digit price is realistic.

            Arcadia Economics interview

            As a final point, I was recently interviewed by Chris Marcus of Arcadia Economics.

            It was fun being on the other side of the camera for a change, and I have a new appreciation for everyone who sits down to answer my questions. Check out the interview below.

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

            This post appeared first on investingnews.com

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            CHARBONE annonce un financement de reglements de dettes par emission d’unites totalisant 0,5M$

            Investing 4 Mins Read

            (TheNewswire)

            Brossard, Quebec, le 17 octobre 2025 TheNewswire – CORPORATION CHARBONE (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« CHARBONE » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l’hydrogène propre à Ultra Haute Pureté (« UHP ») et les gaz industriels stratégiques, a le plaisir d’annoncer la clôture de règlements de dettes par émission d’unités s’élevant à 503 125 $ avec un partenaire stratégique pour la construction de l’usine de Sorel-Tracy.

            La Société a conclu 503 125 $ de comptes à payer avec un fournisseur sans lien de dépendance par l’émission d’unités. Chaque unité offerte, au prix de 0,12 $ l’unité, comprenait une action ordinaire de la Société et un bon de souscription d’action ordinaire . Chaque bon de souscription permettra à son porteur d’acquérir une action ordinaire supplémentaire de la Société à un prix d’exercice de 0,14 $ pendant 12 mois après la date de clôture. Un total de 4 192 708 d’unités seront émises à la clôture, au prix de conversion unitaire de 0,12 $. La Société estime que le règlement de ses dettes par l’émission de titres est approprié pour faire progresser la production de son projet à Sorel-Tracy et pour gérer sa trésorerie avec prudence. Une entente officielle reflétera tout règlement de dette et sera assujetti à l’approbation de la Bourse de croissance TSX. Tous titres émis dans le cadre de ce règlement de dettes sera assujetti à la période de détention légale au Canada de quatre mois

            À propos de CORPORATION CHARBONE

            CHARBONE est une entreprise intégrée spécialisée dans l’hydrogène propre à Ultra Haute Pureté (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF) ; sur les marchés OTC (OTCQB: CHHYF) ; et à la Bourse de Francfort (FSE: K47) . Pour plus d’informations, visiter www.charbone.com .

            Énoncés prospectifs

            Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

            Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

            Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

            Pour contacter Corporation Charbone :

            Téléphone bureau: +1 450 678 7171

            Courriel: ir@charbone.com

            Benoit Veilleux

            Chef de la direction financière et secrétaire corporatif

            Copyright (c) 2025 TheNewswire – All rights reserved.

            News Provided by TheNewsWire via QuoteMedia

            This post appeared first on investingnews.com

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            CoTec Commissions BBA to Lead Feasibility Study for the Lac Jeannine Iron Tailings Recovery Project

            Investing 7 Mins Read

            CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (‘CoTec’ or the ‘Company’) is pleased to announce Québec-based BBA Inc. (‘BBA’) has been engaged to complete the Lac Jeannine Iron Tailings Project (‘Lac Jeannine’ or the ‘Project’) bankable Feasibility Study (the ‘FS’) to engineer and design its Iron Tailings reclamation Project in Québec, Canada.

            Julian Treger, CoTec CEO commented: ‘Lac Jeannine exemplifies CoTec’s strategy to deploy innovative, environmentally responsible technologies which transform legacy waste sites into valuable resources. The Project has the potential to deliver strong economic returns while simultaneously addressing historical environmental liabilities. Furthermore, the inclusion of adjacent tailings in the Project has the potential to almost double the life of mine with limited additional capex, unlocking substantial upside potential.

            We are very excited to be working with BBA to complete the Feasibility Study and to position Lac Jeannine as a model for sustainable tailings redevelopment in Québec. During the Feasibility Study, discussions with strategic partners will be accelerated so the Project has the full support of all stakeholders, including the Government of Québec, First Nations and other interested parties. The results from the 2025 drilling and bulk sample, which are expected in Q1 2026, could also allow CoTec to increase its current resource estimate for Lac Jeannine.’

            Lac Jeannine represents CoTec’s first stand-alone tailings reprocessing investment complementing the Company’s strategy to apply advanced technologies to unlock value from underutilized resource assets. The study will build on the positive results of the 2024 Preliminary Economic Assessment (‘PEA’) announced on June 27, 2024i, which was based on only part of the total tailings and outlined a pre-tax NPV of US$93.6 million and an IRR of 38%, based on an initial capital investment of US$64.6 million. The Feasibility Study will include the application of the Salter Cyclone Multi-Gravity Separators (‘MGS’) technology for the recovery of additional iron ore from the Project.

            The Feasibility Study is expected to be completed through a staged approach by H2 2026. Lac Jeannine has the potential to produce high grade, critical mineral, iron ore concentrate at competitive cost structures which can deliver high purity iron concentrates for the green steel industry. The Lac Jeannine Project offers great potential for the resource industry to recover the economic benefit of large Fe tailing sites.

            In September 2025, CoTec completed an infill and extension drilling campaign with the goal of upgrading to Indicated the existing Inferred Mineral Resource of 73 million tonnes at 6.7% total Fe, for 4.9 Mt of contained total Fe, and extending the Project to include a large part of the adjacent tailings not included in the PEA (‘Adjacent Tailings’). The inclusion of the Adjacent Tailings has the potential to almost double the life of mine with limited additional capex, unlocking substantial upside potential. The Feasibility Study metallurgy testing will target the production of direct-reduction (‘DR’) grade concentrate by the Project.

            About Lac Jeannine

            The Lac Jeannine Property comprises 31 mineral claims (exclusive exploration rights) covering 1,649 hectares in Québec’s Côte-Nord Region, approximately eight kilometres southeast of Gagnon and 290 kilometres north of Baie-Comeau. The Project encompasses the historic Lac Jeannine open-pit iron mine, which produced approximately 260 million long tons of ore averaging 33% Fe between 1961 and 1976.

            The site includes a large Tailings Storage Facility (TSF) where concentrator tailings were deposited prior to mine closure and reclamation in 1984. CoTec’s focus is on reprocessing these tailings for residual iron recovery while rehabilitating the TSF.

            The Independent Qualified Person as defined by NI 43-101 for the Lac Jeannine Mineral Resource, Mr. Christian Beaulieu, P.Geo., is a member of l’Ordre des géologues du Québec (#1072). The Qualified Person has reviewed and approved the scientific and technical content of this announcement relating to the Lac Jeannine Mineral Resource

            About CoTec Holdings Corp.

            CoTec Holdings Corp. (TSX-V:CTH)(OTCQB:CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains.

            CoTec’s mission is clear: accelerate the energy transition while strengthening strategic critical mineral supply chains for the countries we operate in. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.

            From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a game-changing platform at the intersection of technology, sustainability, and strategic materials.

            For more information, please visit www.cotec.ca.

            For further information, please contact:

            Braam Jonker – (604) 992-5600

            Forward-Looking Information Cautionary Statement

            Statements in this press release regarding the Company and its investments which are not historical facts are ‘forward-looking statements’ which involve risks and uncertainties, including statements relating to the timing, scope, and completion of the Feasibility Study, the potential future value of the Project, the maiden resource estimate, the bulk sample extraction, the option exercise, and the Project, as well as management’s expectations with respect to the Lac Jeannine investment and other current and potential future investments, and the benefits to the Company which may be implied from such statements.

            Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to known and unknown risks and uncertainties affecting the Company, including but not limited to: resource and reserve risks; environmental risks and costs; permitting and regulatory risks; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; equipment leasing and availability; heavy equipment demand and availability; contractor and subcontractor performance; worksite safety issues; project delays and cost overruns; extreme weather events; and social, transport, or geopolitical disruptions.

            For further details regarding risks and uncertainties facing the Company, please refer to ‘Risk Factors’ in the Company’s filing statement dated April 6, 2022, a copy of which may be found under the Company’s profile on SEDAR+ (www.sedarplus.ca). The Company assumes no obligation to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company’s continuous disclosure documents available on SEDAR+ (www.sedarplus.ca).

            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.

            i For further details, please refer to the technical report entitled ‘Mineral Resource Estimate, Preliminary Economic Assessment and NI 43-101 technical report for CoTec’s Lac Jeannine Fe Tailings Project, Québec, Canada’ dated August 5, 2024 and having an effective date of March 19, 2024 prepared by Addison Mining Services Ltd., JPL GeoServices Inc., Soutex Inc., Amerston Consulting Ltd. and Axe Valley Mining Consultants Ltd. A copy of the technical report is available under CoTec’s profile on SEDAR+ (www.sedarplus.com) and the Company’s website

            Source

            Click here to connect with CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) to receive an Investor Presentation

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            Standard Uranium Confirms Strong Radioactivity at Surface During Successful Exploration Program at the Rocas Uranium Project

            Investing 11 Mins Read

            Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: FWB:9SU0) (‘Standard Uranium’ or the ‘Company’) is pleased to announce preliminary results from its 2025 exploration program at the Rocas Uranium Project (‘Rocas’, or the ‘Project’), currently under a three-year earn-in option agreement with Collective Metals Inc. (‘Collective Metals’) (CSE: COMT). From September 30th to October 8th, 2025, the Company completed a detailed mapping and sampling program across historical uranium showings and zones of interest on the Project, identifying multiple zones of strong radioactivity.

            Highlights:

            • Strong Radioactivity at Surface – Verification of strong radioactivity at multiple historical uranium showings, with several handheld scintillometer measurements exceeding 10,000 counts per second (‘cps’) at surface.

            • Discovery of New Radioactive Showings – Scintillometer prospecting identified previously undocumented radioactive anomalies across the Project area within lithologies favorable for uranium and Rare Earth Element (‘REE’) mineralization.

            • Prime Location – Geological mapping along structural and electromagnetic (‘EM’) trends across the Project confirmed the presence of deformed and hydrothermally altered basement lithologies along more than 7.5 km of exploration strike length south of Key Lake.

            • New Uranium Targets – Results from a high-resolution ground gravity survey completed in 2024 highlight potential alteration halos and high-priority exploration targets along well-defined structural corridors. A diamond drill program is planned for 2026 to test targets identified and prioritized through detailed exploration activities carried out this year.

            ‘The confirmation of strong radioactivity at the Rocas Project is an exciting step forward, directly validating historical uranium showings and highlighting the Project’s discovery potential,’ said Sean Hillacre, President & VP Exploration of Standard Uranium. ‘Surface grab samples and technical information collected during this program not only strengthen our geological model but also add real value ahead of a maiden drill program planned for next year.’

            Figure 1. Regional map of Standard Uranium’s Rocas Project. The Project is located 75 kilometres southwest of the Key Lake Mine and Mill facilities along Highway 914.

            To view an enhanced version of this graphic, please visit:
            https://images.newsfilecorp.com/files/10633/270619_0d251aeee4aeba99_001full.jpg

            2025 Prospecting Program – Preliminary Results

            The Rocas project comprises 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill facilities along Highway 914, and approximately 72 kilometers south of the present-day margin of the Athabasca Basin (Figure 1). Beginning September 30th and concluding October 8th, 2025, the Standard Uranium technical team completed a detailed mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface on the Project.

            • A total of 16 outcrop and boulder grab samples have been submitted to Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon, SK for whole-rock, uranium, and REE geochemical analysis.

            • Prospecting confirmed several uraniferous outcrops and boulders across the Project, including SMDI showing 5781 (1,100 ppm U)1. Anomalous* radioactivity with a peak of >33,000 cps was measured at SMDI showing 5781 (Figure 2) with several other instances of elevated radiometry were noted, locally up to 26,000 cps.

            • A total of 73 handheld scintillometer readings of anomalous radioactivity >300 cps were recorded, including 10 measurements >10,000 cps at surface (Figure 3). Prospecting for radioactive boulders and outcrop was completed using handheld RS-120 Super-Scintillometers and RS-125 Super-Spectrometers manufactured by Radiation Solutions Inc. (‘RSI’).

            • More than 150 detailed geological observations, structural measurements, and scintillometer readings were taken from several outcrops across the Project within the target areas, identifying deformed and hydrothermally altered basement lithologies associated with radioactivity (Figure 4).

            Figure 2. Investigation at SMDI showing 5781 returned strong radioactivity across an area of 35 m. Scintillometer readings ranging from: A) 26,900 cps, B) 25,400 cps, and C) 33,000 cps.

            To view an enhanced version of this graphic, please visit:
            https://images.newsfilecorp.com/files/10633/270619_0d251aeee4aeba99_002full.jpg

            Figure 3. Newly discovered quartz-rich pegmatitic orthogneiss outcrop reaching upwards of 28,200 cps along the northern conductor trend. Outcrop was partially under soil cover.

            To view an enhanced version of this graphic, please visit:
            https://images.newsfilecorp.com/files/10633/270619_0d251aeee4aeba99_003full.jpg

            Figure 4. Oxidized metasediment outcrop with hematite and limonite alteration

            To view an enhanced version of this graphic, please visit:
            https://images.newsfilecorp.com/files/10633/270619_0d251aeee4aeba99_004full.jpg

            Rocas Project Exploration

            The Company plans to complete the first ever drill program on the Project in 2026 to begin testing high-priority zones along the main 7.5 kilometre magnetic low/EM conductive corridor, which is host to several uranium showings and has remained un-drill tested to date.

            Earlier this year, the Company contracted MWH Geo-Surveys (Canada) Ltd. to carry out a high-resolution ground gravity survey over the Rocas Project2, while Convolutions Geoscience Corporation has completed subsequent processing, interpretation, and modelling of the gravity data. The ground gravity survey outlines several gravity low anomalies coincident with historical surface mineralization, lakebed geochemical anomalies, and cross-cutting fault zones along the known conductive exploration trends on the Project.

            Historical airborne EM work in 2017 defined conductive trends on the Project west of and sub-parallel to the Key Lake Road shear zone, corresponding with favourable metasedimentary basement lithologies. Multiple parallel conductors, offsets, and termination points indicate the trend widening and potential cross-cutting structures. Additionally, a 2007 field sampling program identified anomalous lakebed geochemical anomalies that statistically rank as greater than 95th percentile U, Co, V, and Zn along the conductor corridor, including high U/Th ratios3.

            The Company believes the Project is highly prospective for the discovery of shallow, high-grade** basement-hosted uranium mineralization. Positioned proximal to the margin of the Athabasca Basin, Rocas boasts shallow drill targets with bedrock under minimal glacial till cover. Historical mineralized outcrop grab samples along approximately 900 metres of strike length, returned values ranging from 587 ppm U (SN85073) up to 0.498 wt.% U3O8 (SN23901) and have never been drill tested4.

            Qualified Person Statement

            The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a ‘qualified person’ as defined in NI 43-101 – Standards of Disclosure for Mineral Projects.

            Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization.

            Natural gamma radiation from rocks reported in this news release was measured in counts per second (‘cps’) using a handheld RS-125 super-spectrometer and RS-120 super-scintillometer. Readers are cautioned that scintillometer readings are not uniformly or directly related to uranium grades of the rock sample measured and should be treated only as a preliminary indication of the presence of radioactive minerals. The RS-125 and RS-120 units supplied by RSI have been calibrated on specially designed Test Pads by RSI. Standard Uranium maintains an internal QA/QC procedure for calibration and calculation of drift in radioactivity readings through three test pads containing known concentrations of radioactive minerals. Internal test pad radioactivity readings are known and regularly compared to readings measured by the handheld scintillometers for QA/QC purposes.

            References

            1 SMDI# 5781: https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/5781 & Mineral Assessment Report MAW00726: Millenmin Ventures Inc. and Inner Mongolia Minerals (Canada) Ltd., 2013

            2Standard Uranium Acquires Umbra and Sable Uranium Projects and Completes Geophysical Surveys on Rocas and Atlantic Projects, Eastern Athabasca Basin, Saskatchewan. https://standarduranium.ca/news-releases/standard-uranium-acquires-umbra-and-sable-uranium-projects/

            3 Mineral Assessment Report 74B09-0032: Forum Uranium Corp., 2007

            4 Mineral Assessment Report 74B09-0007: Uranex Ltd., 1977 & SMDI# 2465: https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2465

            *The Company considers radioactivity readings greater than 300 counts per second (cps) on a handheld RS-125 Super-Spectrometer to be ‘anomalous’.

            **The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be ‘high-grade’.

            About Standard Uranium (TSXV: STND,OTC:STTDF)

            We find the fuel to power a clean energy future

            Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world’s richest uranium district. The Company holds interest in over 235,435 acres (95,277 hectares) in the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.

            Standard Uranium’s Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.

            Standard Uranium’s eastern Athabasca projects comprise over 43,185 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

            Standard Uranium’s Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by sufficient drilling despite its location proximal to uranium discoveries in the area.

            For further information contact:

            Jon Bey, Chief Executive Officer, and Chairman
            Suite 3123, 595 Burrard Street
            Vancouver, British Columbia, V7X 1J1

            Tel: 1 (306) 850-6699
            E-mail: info@standarduranium.ca

            Cautionary Statement Regarding Forward-Looking Statements

            This news release contains ‘forward-looking statements’ or ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: the timing and content of upcoming work programs; geological interpretations; timing of the Company’s exploration programs; and estimates of market conditions.

            Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the ‘Risks and Uncertainties’ in the Company’s management discussion and analysis for the fiscal year ended April 30, 2025.

            Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company’s actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: that the transaction with the Optionee will proceed as planned; the future price of uranium; anticipated costs and the Company’s ability to raise additional capital if and when necessary; volatility in the market price of the Company’s securities; future sales of the Company’s securities; the Company’s ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company’s mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions.

            The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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

            To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270619

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