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Peloton launching resale market for used bikes, treadmills

Business 3 Mins Read

Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes.

The platform, dubbed Repowered, will allow members to post listings for their used Peloton equipment and gear and set a price with help from a generative AI tool, the company said.

Sellers have the final say on how much to list the item for, but the AI tool will suggest a price based on information about the product, such as its age, Peloton said.

It said sellers will get 70% of the sales price, while the rest will be shared between Peloton and its platform provider, Archive. Sellers will get a discount toward new equipment, while buyers will see the activation fee for a used product drop from $95 to $45, the company said.

Buyers will be able to see the equipment’s history on the listing and have the option to get the item delivered for an extra fee, Peloton said.

The resale market for used bikes and treadmills is booming. The company said it wants to streamline the sale process for members and offer a safe and comfortable way for prospective customers to buy equipment. It’s also an opportunity for Peloton to reach a wider array of new users as it plots a pathway back to growth.

Last summer, Peloton said it had started to see a meaningful increase in the number of new members who bought used Bikes or Treads from peer-to-peer markets such as Facebook Marketplace. At the time, it said paid connected fitness subscribers who bought hardware on the secondary market had grown 16% year over year, and it believed those subscribers exhibited a lower net churn rate — or membership cancellation — than rental subscribers.

Peloton has plenty of enthusiastic fans who use the company’s equipment every day, but some people have likened it to glorified clothes racks because so many people stop using them. While those owners paid for their exercise machines when they bought them, many have canceled their monthly subscription, which is how Peloton makes the bulk of its money, according to the company’s financial records.

Peloton is already reaping the subscription revenue from people who bought hardware on the secondary market, but now it will get a cut of that market with little upfront cost.

Repowered is a direct challenger to not just Facebook Marketplace but also the burgeoning startup Trade My Stuff, formerly known as Trade My Spin, which sells used Peloton equipment.

Trade My Stuff founder Ari Kimmelfeld told CNBC he previously met with Peloton to discuss ways to collaborate.

But Peloton said Repowered isn’t connected with Trade My Stuff.

Repowered is launching first in beta in New York City, Boston and Washington, D.C., with plans to go nationwide in the coming months, Peloton said. The platform will launch first to sellers, and once there’s enough inventory available, it’ll go live to buyers, the company said.

This post appeared first on NBC NEWS

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McDonald’s Snack Wrap is officially returning. Here’s when.

Business 2 Mins Read

Snacktime is nigh at the Golden Arches.

On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants nationwide: July 10. And, thankfully, it’s not a limited-time offer, either — it’s here for good.

The Snack Wrap, which has been off menus for almost a decade, features one of the chain’s new McCrispy Strips — a chicken strip made with all-white meat — and is topped with shredded lettuce and shredded cheese, wrapped in a flour tortilla.

This go-round, the Snack Wrap comes in two flavors: Spicy, which McDonald’s says “brings the heat with a habanero kick” reminiscent of its Spicy McCrispy sandwich; and Ranch, which “delivers a satisfying burst of cool ranch goodness,” according to the brand, along with hints of garlic and onion.

Customers can get the Snack Wrap on its own or as a combo meal, which will come with two wraps, a medium fries and your drink of choice.

It’s been a long journey for Mickey D’s devotees: On Dec. 5, Joe Erlinger, president of McDonald’s USA, first revealed that the Snack Wrap was on its way back while discussing the new McValue menu.

“The Snack Wrap will be back in 2025,” Erlinger said at the time, declining to reveal the exact date. “It has a cult following, I get so many emails into my inbox about this product.”

Then, on April 15, the chain teased the official release date: “snack wraps 0x.14.2025,” it posted on X, without specifying the month.

Now, for the official rollout, McDonald’s is leaning into the fact that for years, fans have inundated the chain with pleas to reinstate the item after it was kicked off menus in 2016. A Change.org petition started in 2021 in its honor garnered over 17,000 signatures, and fans resorted to posting TikToks and making dedicated Instagram accounts devoted to bringing it back.

While the chicken-craving masses waited for the Snack Wrap’s return, other fast-food chains have dropped their own versions: In March 2023, Wendy’s introduced its Grilled Chicken Ranch Wrap; in July 2023, Taco Bell reintroduced its Crispy Chicken Taco for a limited time; and in August 2023, Burger King launched BK Royal Crispy Wraps for a limited time, too.

Most recently, a single day before McDonald’s announcement, Popeyes dropped its own Chicken Wraps as a limited-time offer. Let the wrap battle commence.

This post appeared first on NBC NEWS

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The Best Five Sectors, #21

Stock 4 Mins Read

Staples and Tech Swap Positions Again

The weekly sector rotation continues to paint a picture of a market in flux, with defensive sectors gaining ground while cyclicals take a step back. This week’s shifts underscore the ongoing volatility and lack of clear directional trade that’s been characteristic of recent market behavior.

The sudden jump in relative strength for defensive sectors last week has pushed Consumer Staples back into the top 5, at the cost of Technology.

  1. (1) Industrials – (XLI)
  2. (3) Utilities – (XLU)*
  3. (6) Consumer Staples – (XLP)*
  4. (2) Communication Services – (XLC)*
  5. (4) Financials – (XLF)*
  6. (5) Technology – (XLK)*
  7. (8) Real-Estate – (XLRE)*
  8. (9) Materials – (XLB)*
  9. (7) Consumer Discretionary – (XLY)*
  10. (11) Healthcare – (XLV)*
  11. (10) Energy – (XLE)*

Weekly RRG

Looking at the weekly Relative Rotation Graph (RRG), we’re seeing some interesting movements. Industrials continues its upward trajectory on the RS-Ratio scale, solidifying its top position. Meanwhile, Utilities and Consumer Staples — our #2 and #3 sectors, respectively — are maintaining high RS-Ratio levels despite a momentum setback.

Communication services and financials, rounding out the top 5, find themselves in the weakening quadrant. However, they’re still comfortably above the 100 level on the RS-Ratio scale. This positioning gives them a good shot at curling back into the leading quadrant before potentially hitting lagging territory.

Daily RRG

Switching to the daily RRG, we can see some significant moves over the past week.

Consumer Staples have made a considerable leap, landing deep in the improving quadrant with the highest RS-Momentum reading. This surge explains its return to the top 5. Utilities isn’t far behind, also making a strong move into the improving quadrant. Financials, while in the lagging quadrant, are showing less dramatic movement compared to staples and utilities. Its shorter tail on the RRG indicates a less powerful move, but its high position on the weekly RRG is keeping it in the top 5 — for now.

Industrials: Strength Confirmed

The #1 sector is pushing against overhead resistance around 143 for the third consecutive week. A break above this level could trigger an acceleration higher. The relative strength chart vs. the S&P 500 has already broken out, continuing to pull the RRG lines upward.

Utilities: Bouncing Back

After a weak showing two weeks ago, utilities closed last week at the top of its range. There’s still resistance lurking just below 85 (around 84), but a break above could spark a rally. The raw RS line is grappling with the upper boundary of its sideways trading range, causing the RRG lines to roll over while remaining in the leading quadrant.

Consumer Staples: Testing Resistance

Staples has rebounded to the upper boundary of its trading range, with key resistance between 82 and 83.50. A spike to $83.90 represents the recent high-water mark. Breaking above this barrier could accelerate the move higher.

The raw RS line has peaked against overhead resistance and needs to form a new low to support the RRG lines.

Communication Services: Holding Steady

XLC is trading around $101.40, with overhead resistance a few dollars away, near $ 105. The raw RS line remains within its rising channel, but we’ll need to see improved relative strength soon to maintain this positive trend. The sector sits in the weakening quadrant, but has the potential to push back into leading territory with a strong relative strength (RS) rally.

Financials: At a Crossroads

The financial sector is struggling with old resistance that’s now acting as support. Its RS line is testing the lower boundary of its rising channel. Financials needs a couple of strong weeks in both price and relative strength to maintain its top 5 position.

Portfolio Performance

As of last Friday’s close, our model portfolio is lagging the S&P 500 by just over 5%. This performance gap has widened slightly from last week, but remains in line with the volatile sector rotations we’ve been seeing.

The current market environment presents an apparent dilemma for sector rotation strategies. While defensive sectors are gaining prominence, cyclicals are taking a back seat — at least for now. This flip-flop situation is common in volatile markets seeking direction, but it’s causing more frequent trades in our model than we’d typically expect.

For meaningful trends to emerge, the market needs to stabilize and establish a clear directional bias. Until then, we’re likely to see continued back-and-forth movement as investors grapple with mixed economic signals and shifting sentiment.

#StayAlert and have a great week. –Julius

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What’s Next for Dollar Tree, CrowdStrike, and Broadcom? Watch These Setups

Stock 5 Mins Read

Earnings season may be winding down, but a few standout names could still make headlines this week. If you’re looking for potential moves, keep an eye on these three stocks — Dollar Tree, Inc. (DLTR), CrowdStrike Holdings, Inc. (CRWD), and Broadcom, Inc. (AVGO).

Each of these names is at a pretty interesting inflection point right now. It might be worth waiting to see how things play out before making any big bets.

Dollar Tree (DLTR): Quiet Comeback with Room to Run?

Dollar Tree (DLTR) broke out of a long-term downtrend and, as of the last quarter, is back above key moving averages. Many of the beaten-down discount chains, such as Five Below (FIVE) and Dollar General (DG), have started to reverse major downtrends. This week, we will see if earnings momentum can keep going, as DLTR stock has rallied 21% year-to-date.

Investors will be looking for insight into how DLTR is navigating the transition after the $1 billion Family Dollar sale (yes, they paid $8.5 billion in 2015) and how its core stores are performing in the current economic environment. The last two quarters have been relatively calm, as DLTR stabilized with minor gains of 3.1% and 1.9%. That stability comes after a three-quarter losing streak, with average losses of -13.7%.

From a technical standpoint, DLTR made its big move in mid-April as it broke out of a longer-term neutral range and a long-term downtrend. The stock price has eclipsed the 50- and 200-day moving averages and seems to be back on the right track.

The breakout of the rectangular bottom gives an upside target of roughly $98 a share, so there is room for DLTR to run. That move would fill the gap created last September and bring shares into a stronger resistance area around $100. On the downside, there may be an opportunity to enter DLTR, as we have a potential scenario where old resistance becomes support, giving an entry level around $79.50/$80. That would be a good risk/reward set-up for those who may have missed the initial breakout.

Overall, the stock still has room to run, but most of this upside move may already be in the stock, as the price approached an overbought condition with much overhead resistance ahead.

CrowdStrike (CRWD): Heating Up Before Earnings

CrowdStrike (CRWD) has returned from the ashes after last year’s Delta Air Lines, Inc. (DAL) computer outage that caused over 7000 cancelled flights. As it heads into this week’s earnings, shares are trading just under all-time highs.

The cybersecurity company has seen shares decline over the past two results, but that hasn’t stopped its continued momentum. The stock averages a one-day move of +/- 8.5%, so expect volatility.

Technically, CRWD comes into the week at an intriguing pivot point. After breaking out to new highs, the stock pulled back to its old resistance areas from which it broke above.  Will old resistance become support, or are we looking at a potential bull trap?

The relative strength index (RSI) indicates there may be room to run. We have seen some extreme overbought conditions in the past, and we are not there yet. A solid beat and guide could see additional momentum in what continues to be one of the top stocks within the cybersecurity sector.

Speaking of strength, CRWD is shining on a relative basis. It’s up 36.7% year-to-date, outperforming CIBR, the biggest cybersecurity ETF in CIBR, which is up 12.8%. That said, downside risk could be steep given the recent run. Stepping in front of this stock ahead of results could be costly. On weakness, wait for a better risk/reward entry and look for support just around $405.

Broadcom (AVGO): Ready to Step Out of Nvidia’s Shadow?

Broadcom (AVGO) is Nvidia’s baby brother. It is in the $1 trillion market cap club, a top holding in both the Semiconductor ETF (SMH), the Technology ETF (XLK), and the Nasdaq 100 (QQQ).

AVGO has grown mightily in NVDA’s shadow for years now. Shares have rallied just over 500% from their 2022 lows, which pales to the 1250+% rally in Nvidia. However, over the past 52 weeks, AVGO shares have risen 82% compared to Nvidia’s 23% gain.

Now that we’ve seen how price action settled out with NVDA, what could this mean for AVGO?

Technically, if AVGO wanted to step out of NVDA’s shadows, this would be the chance to do so and lead the semiconductors higher. However, momentum is waning, and we continue to see large caps struggle to make new highs.

The table is set for a potentially large breakout. AVGO is at a key resistance area just under $250. It couldn’t break through it last week, but could earnings be the catalyst for getting it over the top? Given the overbought conditions and tough market environment, it should be a challenge. You may be able to buy this stock on a dip and wait for the rest of the market to catch up as we look for more clarity on tariff policy. Look for a pullback to the $220 area to add to or enter the name.

Long-term investors should ignore the noise to come. AVGO has suffered through the worst and should break out in due time. It just may not be this time.

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Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

Stock 1 Min Read

In this video, Mary Ellen highlights key areas of the stock market that gained strength last week, including Staples and Aerospace stocks. She also shares several Dividend Aristocrat stocks that can help stabilize your portfolio in times of market volatility. Whether you’re seeking defensive plays or looking to align with sector rotation trends, this video provides practical insights to strengthen your trading strategy.

This video originally premiered May 30, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

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Investing

Halcones Precious Metals Provides Update on Polaris Gold Project, Antofagasta Region Chile

Investing 7 Mins Read

Halcones Precious Metals Corp. (TSX V: HPM) (the ‘Company’ or ‘Halcones’) is pleased to provide an update on progress at its Polaris Gold Project (the ‘Project’ or ‘Polaris’). Halcones’ geologists continue field work at Polaris in preparation for the initial drill program at the Project. Recent work has been primarily focused on detailed structural and alteration mapping and fine tuning the geologic understanding of mineralization controls. This improved geological interpretation will guide the forthcoming drill program, which will be the first drilling by the Company at the Polaris Project.

Halcones’ focus has been on the Northwest section of the North Zone. The North Zone demonstrates a dense concentration of high-grade, outcropping gold samples over an area of at least 400 m by 250 m with many assays above 10 g/t gold (figure 1). The Company is planning an initial drill program of 8 holes to test the continuity of this vein and stockwork hosted mineralization at depth. Drilling will target near-surface mineralization with the holes planned to a depth of approximately 130m below surface. Follow-up drilling will be planned based on results.

Figure 1. Planned Drill Program North Zone

Ian Parkinson, CEO and Director of Halcones, states: ‘Our excitement towards the exploration potential of the Polaris project continues to grow. We have demonstrated extensive, exceptionally high-grade gold values at surface over a broad area in an area that has never been drilled. Gold is present in structures at surface including veins and stockwork, the planned drill program will test the continuity of this mineralization at depth.’

Figure 2. North Zone Assay Results

The Company interprets that Polaris holds potential for a large-scale bulk tonnage open-pittable deposit. Gold mineralization hosted in extensive stockworks within the wall rocks adjacent to and between the historically mined, mineralized veins is crucial evidence of the large-scale potential at Polaris. The stockwork mineralization is believed to have a similar genesis to the vein hosted mineralization previously exploited by artisanal miners but was never targeted because it is not visually obvious due to a general lack of associated sulfide minerals. The 17 known past producing small scale mines in the Project area exploited very high-grade veins with no focus on the rocks adjacent to the veins.

Polaris Project Highlights

  • 5,778 ha property proximal to 17 past producing high grade mines that were focused on larger veins and structures dating back to the 1920-30s;
  • Despite a history of widespread mining there has been little modern-day exploration and no evidence of any exploration drilling;
  • Select outcrop chip samples include 29.04, 20.05, 13.08, 10.67, and 8.54 g/t Au, hosted primarily in stockwork (previously reported);
  • A total of 490 outcrop samples have been taken at Polaris. Results to date have demonstrated gold values of more than 1 g/t over a strike length of 3.9 km (figure 3). Much of Polaris remains unexplored and potential exists for additional targets to be identified; and
  • The Project is road accessible and at a modest elevation and is accessible 12 months of the year. Polaris is located near the town of Taltal, Chile.

Next Steps

Halcones management is presently negotiating access agreements with surface landowners to secure access for drilling. Once access is granted, minor prep work is required in advance of the start of the diamond drill program. The North and South zones are immediate priorities for drill testing. The Halcones technical team continues to explore Polaris with the aim of expanding the gold mineralization and prioritizing targets.

Figure 3 Polaris Sample Area

About The Sampling Process

Using a hammer and a rock chisel, a chip sample is carried out uniformly over at least 1 meter sections, ensuring complete collection and homogeneity in order to achieve proper representation of the sample. The sample is collected perpendicular to the dominant strike of the structures and the sample mass must be a minimum of 2 kg. In the event that the outcrop presents some mineralized structure, an independent sample will be taken only from the mineralized structure and an independent sample from the host rock on both sides of the structure. This process is designed to limit bias due to high grading sample collection.

All samples were bagged and sealed on site and delivered directly by the Project Geologist to ANDES ANALITYCAL ASSAY Laboratory in Copiapó, Chile. After sample preparation at ANDES ANALITYCAL ASSAY Laboratory in Copiapó, split pulp samples were shipped to ANDES ANALITYCAL ASSAY in Santiago, Chile for assaying gold by fire assay (AEF_AAS_1E42-FF), and for analyzing 34 other elements, including silver, by four acids (ICP_AES_AR34m1).

ANDES ANALITYCAL ASSAY is an independent laboratory certified with a global quality management system that meets all requirements of International Standards ISO/IEC 17025:2017 , includes its own internal quality control samples comprising certified reference materials, blanks, and pulp duplicates.

Qualified Person

The scientific and technical information in this news release has been reviewed and approved by Mr. David Gower, P.Geo., as defined by National Instrument 43-101 of the Canadian Securities Administrators. As a consultant to Halcones, Mr. Gower is not considered independent.

About Halcones Precious Metals Corp.

Halcones is focused on exploring for and developing gold-silver projects in Chile. The Company has a team with a strong background of exploration success in the region.

For further information, please contact:

Vincent Chen
Investor Relations
vincent.chen@halconespm.com
www.halconespreciousmetals.com

Cautionary Note Regarding Forward-looking Information

A qualified person, as defined in National Instrument 43-101, has not done sufficient work on behalf of Halcones to classify any historical grades, production or results reported above as current mineral resources or mineral reserves. The historical data should not be relied upon.

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, regarding the prospectivity of the Project, the mineralization of the Project, the Company’s exploration program, the Company’s ability to explore and develop the Project and the Company’s future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Halcones, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Halcones has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information 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 information. Halcones does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a105f9f5-075d-4afb-aee1-99f80221e6e5

https://www.globenewswire.com/NewsRoom/AttachmentNg/d635e22d-85fb-4907-bbab-c12ec8760e36

https://www.globenewswire.com/NewsRoom/AttachmentNg/3e35a7af-fc4b-46d5-a0c5-38b55c65865d

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

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Charbone Hydrogene Annonce un Financement de Reglements de Dettes par Emission d’Unites pour un Montant Total de 1,3M$

Investing 4 Mins Read

(TheNewswire)

Brossard (Québec) TheNewswire – le 3 juin 2025 — CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d’Amérique du Nord cotée en bourse axée sur la production et la distribution d’hydrogène vert, a le plaisir d’annoncer la clôture de règlements de dettes par émission d’unités s’élevant à 1 342 687 $.

La Société a conclu avec certains fournisseurs sans lien de dépendance pour un montant total de 1 342 687 $ de comptes à payer par l’émission d’unités. Chaque unité offerte, au prix de 0,075 $ 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 0,10 $ pendant 12 mois après la date de clôture . Un total de 17 902 489 d’unités seront émises à la clôture, au prix de conversion unitaire de 0,075 $. La Société estime que le règlement des dettes par l’émission de titres est approprié pour progresser vers la production de son projet phare de Sorel-Tracy et pour répondre à la nécessité générale de 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 Charbone Hydrogène Corporation

Charbone est une entreprise intégrée d’hydrogène vert disposant de capacités stratégiques de distribution de gaz industriels en Amérique du Nord. Tout en poursuivant le développement de son réseau modulaire de production d’hydrogène vert, Charbone s’appuie également sur des partenariats commerciaux pour fournir de l’hydrogène, de l’hélium et d’autres gaz industriels sans les exigences en capital élevées des usines de production. Cette approche améliore les sources de revenus, réduit les risques opérationnels et accroît la flexibilité sur le marché. Charbone reste la seule société purement axée sur l’hydrogène vert cotée en bourse en Amérique du Nord, avec des actions cotées à la Bourse de croissance TSX (TSXV: CH); 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 Hydrogène :

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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Charbone Hydrogen Announces Closing of Units for Debt Financing for a Total Amount of $1.3M

Investing 3 Mins Read

(TheNewswire)

Brossard, Quebec TheNewswire – June 3, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘), North America’s only publicly traded pure-play company focused on green hydrogen production and distribution, is pleased to announce the closing of Units for debt settlements amounting to $1,342,687.

The Company has settled with certain arm’s length suppliers $1,342,687 of payables through the issuance of units. Each unit offered, priced at $0.075 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 $ 0.10 for 12 months following the closing date. A total of 17,902,489 Units will be issued pursuant to the closing, at a conversion price per unit of $0.075. The Company believes that the settlement of the payables through the issuance of securities is appropriate to advance towards production for its Sorel-Tracy project and the overall need 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 Hydrogen Corporation

CHARBONE is an integrated green hydrogen company with strategic distribution capabilities of industrial gases across North America. While continuing to develop its modular green hydrogen production network, CHARBONE also leverages commercial partnerships to supply hydrogen, helium, and other industrial gases without the capital-intensive requirements of production facilities. This approach enhances revenue streams, reduces operational risks, and increases market flexibility. CHARBONE remains North America’s only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, 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 Hydrogen 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

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Athena Gold Provides Option on Excelsior Springs and Kicks off 2025 Field Season at Laird Lake

Investing 7 Mins Read

Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNRF) (‘Athena Gold’ or the ‘Company’) is pleased to announce that it has entered into a property option agreement (the ‘Agreement’) with Firetail Resources Limited (ASX:FTL) (‘Firetail’) dated May 28, 2025, whereby the Company has granted Firetail the exclusive right (the ‘Option’) to acquire an 80% undivided interest in the Company’s Excelsior Springs Project located in Nevada, USA (‘Excelsior’ or the ‘Property’). If the Option is exercised, Firetail will pay Athena Gold AUD$200,000 in cash and issue 32,000,000 ordinary shares, and Firetail will be required to incur USD$5,000,000 in expenditures over a five-year term. A 1% net smelter return royalty will also be provided to Athena Gold on certain claims comprising the Property. If Firetail successfully earns its 80% interest, the parties will form a joint venture partnership that provides Athena Gold with a 20% free-carried interest until a Definitive Feasibility Study is published.

In addition, the Company is pleased to announce that mobilization for the proposed till program at its Laird Lake project in Red Lake, Ontario, has begun (refer to press release dated April 17, 2025).

‘Our efforts at Excelsior have attracted international interest, and we are pleased that the capable team at Firetail is keen to take on the risk and share the benefits with Athena Gold. The cash and share payments, as well as the exploration spend required for Firetail to earn an 80% interest, surpass the book value of Excelsior. When normalized to a 100% basis from 80%, the total investment approaches our current market capitalization. In addition to our significant shareholding in Firetail, Athena will maintain significant upside in the project through royalties and its 20% free-carried interest to a Definitive Feasibility Study. With Excelsior successfully monetized, we can place our focus on our new flagship project, Laird Lake, where crews have now mobilized for the 2025 field season,’ said Koby Kushner, President & CEO of Athena Gold.

Summary of the Terms of the Agreement

TERM: The term of the Option is five (5) years.

OPTION PERIOD: In consideration for the granting of the right to explore the Property and to purchase the Option Firetail shall pay a non-refundable cash fee of AUD$50,000 within five days from execution of the Agreement. Firetail has three (3) months from execution of the Agreement to determine whether to proceed with exercising the Option.

EXERCISE OF THE OPTION: Firetail can exercise the Option (the ‘Exercise Date’) within the three-month period and acquire the Property by:

  1. Paying AUD$200,000 within five (5) business days of the Exercise Date; and
  2. Issuing 32,000,000 ordinary shares in the capital of Firetail (the ‘Consideration Shares’) within five (5) business days of the Exercise Date. Firetail may at its sole discretion, elect to pay to the Company the value of the Consideration Shares in cash, calculated using the 5-day VWAP of Firetail ordinary shares trading on the Australian Securities Exchange.

Firetail agrees to incur an aggregate of not less than USD$5,000,000 in exploration expenditures on the Property over a five-year period commencing from the Exercise Date. If the Option is exercised, Athena Gold will retain a 20% free-carried interest in the Property until completion of a Definitive Feasibility Study by Firetail.

Potential Joint Venture

Assuming the entering into of a joint venture and prior to, the Company and Firetail agree to enter into a joint venture wherein the Company shall be responsible for 20% of the exploration expenditures on the Property, subject to Firetail having first expended or incurred the initial USD$5,000,000 in exploration expenditures on the Property. On commencement of the joint venture, Firetail will grant a 1% net smelter return royalty to the Company with respect to the production of all metals and minerals from the grounds without pre-existing royalties.

Upon commencement of production, from any and all mineral concessions, interests or rights acquired (collectively, the ‘Interests’), directly or indirectly, within the area of influence, these Interests will be subject to a 1% net smelter return royalty that will be granted to the Company and if any party’s interests are diluted below the 10% percentage share, this party’s said Interest will be converted to an additional 1% net smelter return royalty on the Property.

The Company reserves the right that it may, at its sole election and by providing written notice to Firetail, buy back any royalty that it has granted.

Each party to the joint venture has a right of first refusal on the terms and conditions set out in the Agreement in respect of a transfer of the whole or part of its percentage share and a party may not transfer any part of its percentage share unless and until it has complied with the terms and conditions in the Agreement.

Firetail shall have the option to terminate the Agreement at any time after giving the Company written notice of termination. In the event Firetail does not complete any part of its obligations under the Agreement, the Property will remain with the Company. The Agreement remains subject to the approval of the Canadian Securities Exchange.

About Athena Gold Corporation

Athena Gold is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct additional exploration drilling and studies on its projects across North America. Athena Gold’s Laird Lake project is situated in the Red Lake Gold District of Ontario, covering over 4,000 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au. This underexplored area is road-accessible, located about 10 km west of West Red Lake Gold’s Madsen mine and 34 km northwest of Kinross Gold’s Great Bear project. Meanwhile, its Excelsior Springs Au-Ag project is located in the prolific Walker Lane Trend in Nevada, where it us currently under option by Firetail Resources Limited. Excelsior Springs spans over 1,500 hectares and covers at least three historic mines.

For further information about Athena Gold Corporation and our Excelsior Springs Gold project, please visit www.athenagoldcorp.com.

On Behalf of the Board of Directors
Koby Kushner
President and Chief Executive Officer, Athena Gold Corporation

For further information, please contact:
Athena Gold Corporation
Koby Kushner, President and Chief Executive Officer
Phone: 416-846-6164
Email: kobykushner@athenagoldcorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x 251
Email: cathy@chfir.com

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian and US. securities laws. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future exploration plans, future results from exploration, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: ‘believes’, ‘will’, ‘expects’, ‘anticipates’, ‘intends’, ‘estimates’, ”plans’, ‘may’, ‘should’, ”potential’, ‘scheduled’, or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of the Company’s projects in a timely manner.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this press release or incorporated by reference herein, except as otherwise stated.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Source

Click here to connect with Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNRF) to receive an Investor Presentation

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Top 5 Lead Reserves by Country

Investing 4 Mins Read

While lead production figures are helpful in tracking year-to-year activity, lead reserves provide a longer-term picture of which nations are best positioned to dominate the lead market in the future.

These reserves reflect the volume of economically recoverable lead available in each country — a critical factor in global supply chains, especially amid tightening environmental regulations and rising demand for energy storage.

Top lead reserves by country

According to the US Geological Survey, global lead reserves total around 96,000 metric tons. Here’s a look at the top 5 countries with the largest lead reserves, and what’s shaping their role in the market today.

1. Australia

Lead reserves: 35 million metric tons

Australia remains the undisputed global leader in lead reserves with an estimated 35 million metric tons, meaning the nation holds over one third of the world’s lead reserves.

The country also holds vast deposits of zinc and silver, with many polymetallic operations supporting lead output. The Northern Territory and Queensland are home to many of those mines, as well as lead exploration.

Despite flat year-on-year production, Australia remains one of the world’s top producers at 430,000 metric tons, thanks in part to efficient mining operations and strong regulatory frameworks. Most of Australia’s lead output is exported in concentrate form.

2. China

Lead reserves: 22 million metric tons

China boasts the world’s second-largest lead reserves at 22 million metric tons, and it is the world’s largest producer and consumer of lead. However, its lead output slightly declined in 2024 to 1.9 million metric tons amid broader mining reforms and tightening environmental restrictions aimed at curbing pollution.

According to a February 2024 report from the International Lead and Zinc Study Group, China boosted its lead concentrate imports by 9.6 percent in 2024 compared to 2023, bringing in a total of 712,000 metric tons.

3. Russia

Lead reserves: 8.9 million metric tons

Russia ranks third in lead reserves, with 8.9 million metric tons — up from estimates in past years. Production has remained relatively stable, coming in at 220,000 metric tons in 2024, and the country continues to benefit from its vast resource base in Siberia and the Far East.

Given mounting geopolitical tensions and Western sanctions, Russia has sought to strengthen resource independence by prioritizing internal demand and increasing ties with aligned economies. Lead plays a smaller but still strategic role in the country’s mining sector, particularly as a byproduct of polymetallic ore operations.

4. Mexico

Lead reserves: 5.6 million metric tons

Mexico is a major producer of silver and zinc, and lead often comes as a byproduct of those mining operations. The country holds the fourth-largest lead reserves globally at 5.6 million metric tons.

With its mining industry deeply integrated into global supply chains, Mexico is an essential exporter to both North American and Asian markets. The country produced 180,000 metric tons in 2024.

5. Peru

Lead reserves: 5 million metric tons

Rounding out the top five is Peru, a country known for its rich base metal deposits. With 5 million metric tons in lead reserves and a robust annual output of 270,000 metric tons in 2024, Peru remains a pillar of Latin American lead supply.

Other countries with notable lead reserves

While the top five countries above dominate the global reserve landscape, several other nations also hold substantial lead resources:

  • United States – 4.6 million metric tons
  • Iran – 2 million metric tons
  • India – 1.9 million metric tons
  • Sweden – 1.7 million metric tons
  • Turkey – 1.6 million metric tons
  • Bolivia – 1.6 million metric tons

Lead market outlook

Lead demand may be shifting with the rise of substitutes and regulatory changes, but the metal remains vital in energy storage, automotive batteries, radiation shielding and electronics. Countries with large lead reserves are not only crucial today — they are also strategically positioned to shape the future of global resource security.

The lead market in 2024 experienced notable volatility. Prices began the year strong and surged to a high of US$2,343 per metric ton in late May, but then retreated and fluctuated within a narrow range of US$1,950 to US$2,150 per MT.

By the end of the year, prices were down 2.4 percent year-to-date. Analysts attribute the swings to tightening regulations in China, reduced supply and global economic uncertainties.

Global demand for refined lead is expected to rise by 1.9 percent in 2025 to 13.39 million metric tons. Growth will be driven by increased consumption in India and Vietnam, and recovering demand in Europe and Mexico. The EV market remains a crucial new demand vector, with lead-acid batteries still widely used for onboard systems.

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

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