Author

admin

Browsing

1911 Gold Corporation (‘ 1911 Gold ‘ or the ‘ Company ‘) (TSXV: AUMB,OTC:AUMBF; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that, subject to TSX Venture Exchange (‘TSXV’) acceptance, it has engaged WIN Expertise Inc. (‘ WIN ‘), operated by Suzette Ramcharan to provide investor relations and corporate communications services (the ‘ Services ‘).

WIN (an Ontario -based company) specializes in investor relations services and will develop and implement an investor relations strategy for 1911 Gold to support the Company’s goals and objectives, targeting a broader and more diversified investor base. The engagement is for an initial period of six months and bears an aggregate fee of $48,000 , to be paid in installments of $6,000 per month for the first three months and $10,000 per month for the following three months. For the first three months, Ms. Ramcharan will spend approximately 20 hours per week providing the Services to the Company, and approximately 40 hours per week thereafter. WIN is also entitled to reimbursement by the Company for its expenses and to an additional fee of $3,000 for each in-person industry event or conference attended by Ms. Ramcharan, at the election of the Company, on behalf of the Company. The Services will commence, and the first monthly payment will be made upon receipt of TSXV acceptance of the Services.

WIN’s engagement as an investor relations and corporate communications services provider may be renewed upon completion of the initial six-month term, following which WIN will be paid a monthly fee of $10,000 for approximately 40 hours per week dedicated to providing the Services. All fees and expenses will be paid from the working capital of the Company. WIN and Ms. Ramcharan are arm’s-length parties to the Company. Neither WIN nor Ms. Ramcharan have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario . It intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation and all local stakeholders in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or describes a ‘goal’, or variation 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.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, the expected term of the Services to be provided, the total compensation expected to be paid for the Services, the results to the Company and its shareholders of the Services, the timing and ability of the Company to receive necessary regulatory approvals for the Services, the results of any exploration or other work on the Company’s properties, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. 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.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, 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.

SOURCE 1911 Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2025/15/c3783.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

/NOT FOR DISTRIBUTION TO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

Blue Sky Uranium Corp. (TSXV: BSK,OTC:BKUCF) (FSE: MAL2) (OTC: BKUCF) (‘Blue Sky’ or the ‘Company’) announces that it has closed final tranche of the private placement through the issuance of 1,851,000 units of the Company (each, a ‘ Unit ‘) at a price of $0.06 per Unit for aggregate gross proceeds of $111,060 (the ‘ Offering ‘). In total, the Company has issued 29,212,633 Units for aggregate gross proceeds of $1,752,758 .

Each Unit consists of one common share and one transferrable common share purchase warrant (a ‘ Warrant ‘). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.075 per share for three (3) years from the date of issue, expiring August 16, 2028 for this final tranche.

The Company intends to use the proceeds of the Offering for general working capital.

Finder’s fees of $714 are payable in cash on a portion of the Offering from this tranche to parties at arm’s length to the Company. In addition, 11,900 non-transferable finder’s warrants are being issued for this tranche (the ‘ Finder’s Warrants ‘). Each Finder’s Warrant entitles a finder to purchase one common share at a price of $0.06 per share for three (3) years from the date of issue, expiring on August 16, 2028 . In total, the Company paid cash finder’s fees of $4,822.86 and issued 80,381 Finder’s Warrants for this Offering.

Certain insiders of the Company participated in this tranche of the Offering for $21,000 in Units. Such participation represents a related-party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘), but the transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the subject matter of the transaction, nor the consideration paid, exceed 25% of the Company’s market capitalization. In total, insiders participated in the Offering for $117,000 in Units.

This Offering is subject to regulatory approval and all securities to be issued pursuant to the Offering in this 3 rd and final tranche are subject to a four-month hold period under applicable Canadian securities laws expiring on December 16, 2025 . The proceeds of the Offering will be used for general working capital.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘ 1933 Act ‘) or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the 1933 Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina . The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky’s flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company’s recently optioned Corcovo project has potential to host an in-situ recovery (‘ ISR ‘) uranium deposit. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

‘Nikolaos Cacos’

______________________________________
Nikolaos Cacos , President, CEO and Director

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.

SOURCE Blue Sky Uranium Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2025/15/c9631.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

VANCOUVER, BC TheNewswire – August 15, 2025 Heritage Mining Ltd. (CSE: HML) (‘ Heritage ‘ or the ‘ Company ‘) is pleased to announce that, further to its news release dated July 22, 2025 and August 5, 2025, it has closed the final tranche of the non-brokered listed issuer financing exemption (‘ LIFE ‘) private placement of 500,000 units, of the max offering, 18,187,725 units (‘ Units ‘) at a price of $0.035 per Unit for gross proceeds of ~C$17,500, of the max offering, C$636,570 (the ‘ Offering ‘).

A non-brokered ‘best-efforts basis’ LIFE financing of up to 18,187,725 units (the ‘ LIFE Offering ‘) for gross proceeds of up to $635,570 for units of the Company (each, a ‘ Unit ‘) at a price of $0.035 per Unit, with each Unit being comprised of one (1) common share of the Company (each a ‘ Common Share ‘) and one (1) common share purchase warrant (a ‘ Warrant ‘) granting the holder the right to purchase one (1) additional Common Share of the Company (a ‘ Warrant Share ‘) at a price of $0.05 at any time on or before 36 months from the Closing Date (as defined herein), which securities shall be offered pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (‘ NI 45-106 ‘).

The Company paid an aggregate ~C$$44,560 in cash commissions and issued an aggregate 1,273,140 compensation options (the ‘ Compensation Options ‘) in connection with the Offering. Each Compensation Option entitles the holder to acquire one additional Unit at a price of $0.035 for a period of 36 months following the date of issuance.

Proceeds of the Offering will be used to fund the Company’s previously announced exploration and drilling program on its flagship Drayton-Black Lake Project and Contact Bay, in addition to general working capital .

‘We are very pleased to have closed the final tranche of the LIFE Offering successfully and appreciate the continued support from both new and existing shareholders who share our long-term vision.

With the majority of our results from our 2025 exploration program still outstanding, we look forward to communicating results as they are received.’ Commented Peter Schloo, President, CEO, and Director of Heritage Mining Ltd.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.

Peter Schloo, CPA, CA, CFA President, CEO and Director Phone: (905) 505-0918

Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS

This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘forecast’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘targeting’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’, ‘outlook’ and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents,

risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Wednesday (August 15) as of 9:00 a.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$117,981, following a volatile 24 hours. Its lowest valuation of the day was US$117,547, while its highest so far was US$119,315.

Bitcoin price performance, August 15, 2025.

Chart via TradingView

Bitcoin surged to a new all-time high of $124,533 on Thursday (August 14), driven by expectations of Federal Reserve rate cuts and increased institutional interest. However, the rally was short-lived, as the price fell as low as $117,263 early Friday.

The decline was attributed to a higher-than-expected US Producer Price Index (PPI) for July, which dampened investor optimism about imminent interest rate reductions. Additionally, comments from US Treasury Secretary Scott Bessent revealed that the US holds fewer Bitcoin reserves than previously thought, further unsettling the market.

Meanwhile, Ethereum’s (ETH) weekend rally briefly has worn off, currently down by 3 percent to US$4,556.55. The cryptocurrency’s lowest valuation on Friday was US$4,462.52, and its highest was US$4,690.57.

Altcoin price update

  • Solana (SOL) was priced at US$189.85, down by 4.3 percent over 24 hours. Its highest valuation of the day was at US$198.27, while its lowest valuation was US$188.80.
  • XRP was trading for US$3.08, down 1.7 percent in the past 24 hours. Its highest valuation of the day was at US$3.14, while its lowest was US$3.04.
  • Sui (SUI) was trading at US$3.75, down by 2.53 percent over the past 24 hours. Its highest valuation of the day was at US$3.78, while its lowest was US$3.68.
  • Cardano (ADA) was trading at US$0.9485, up by 1.7 percent over 24 hours. Its highest valuation of the day was at US$0.9605, while its lowest was US$0.9362.

Today’s crypto news to know

Ethereum ETFs cruise past Bitcoin, totals nearly US$3 billion in a week

Ethereum-focused exchange-traded funds have seen an unprecedented surge in investor demand, attracting almost US$3 billion in net inflows over the past week.

According to SoSoValue data, this growth is more than five times the US$562 million that flowed into Bitcoin ETFs during the same period. The spike coincides with a rapid increase in Ethereum holdings by crypto treasury firms, which climbed from US$600 million to US$11 billion in just six weeks.

ETF Store president Nate Geraci noted that three of the four largest single-day inflows for Ethereum ETFs since their inception occurred this week alone.

ETH prices have rallied nearly 19 percent over the past seven days, coming within reach of their 2021 all-time high of US$4,878.

The inflows also follow recent SEC approval of in-kind creations and redemptions for spot Bitcoin and Ethereum ETFs, a change that makes the funds more cost-efficient and attractive to institutional investors.

Michael Saylor bets on US$100 billion ‘bitcoin credit’

Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR) (formerly MicroStrategy), is pursuing a high-risk plan to finance further Bitcoin purchases through perpetual preferred stock offerings.

The new securities—nicknamed “Stretch”—do not mature, lack voting rights, and can skip dividends under certain conditions, giving the issuer flexibility while raising investor concerns about risk.

This marks a departure from the company’s earlier reliance on common stock sales and convertible bonds to fund what is now a US$75 billion Bitcoin treasury. Saylor aims to retire billions in outstanding debt and replace it with preferred equity, which he says could theoretically scale to US$100 billion or more in capital raised.

The model hinges on investor appetite for yield backed indirectly by Bitcoin’s performance, while avoiding the dilution impact of issuing more common stock.

Hong Kong SFC rolls out stricter rules for licensed Crypto platforms

Hong Kong’s Securities and Futures Commission (SFC) has introduced new custody rules for licensed virtual asset trading platforms, setting stricter benchmarks for how client assets must be stored and secured.

The updated framework includes specific requirements for cold wallet usage, senior management accountability, and real-time cyber-threat monitoring, alongside rules for using third-party wallet providers.

These measures follow an SFC review earlier this year that identified security and operational gaps among some licensed exchanges. The regulator says the changes are part of its ASPIRe strategy, a five-point plan to address liquidity fragmentation, regulatory arbitrage, and volatility while expanding regulated product offerings.

The policy also aims to position Hong Kong as a safer, more structured alternative to other Asian crypto hubs, notably Singapore, which has imposed tighter limits on retail trading.

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

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

This post appeared first on investingnews.com

Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) (‘Purepoint’ or the ‘Company’) is pleased to announce that due to strong investor demand, it has increased the offering size of the non-brokered private placement, previously announced on August 13, 2025, from $3,000,000 to $5,000,000 (the ‘Offering’).

IsoEnergy Ltd. (TSX: ISO) (NYSE American: ISOU) (‘IsoEnergy‘), the Company’s joint venture partner for the Dorado, Aurora and Celeste projects, located in the Athabasca Basin, Saskatchewan has confirmed its intention to invest $1,000,000 in support of the Company’s financing efforts.

The Offering will comprise of a combination of the following:

  • Saskatchewan flow-through units of the Company (each, a ‘SFT Unit‘) at a price of $0.65 per SFT Unit with each SFT Unit consisting of one common share of the Company to be issued on a ‘flow through’ basis pursuant to the Income Tax Act (Canada) (each a ‘SFT Share‘) and one common share purchase warrant (each, a ‘Warrant‘);
  • National flow-through units of the Company (each, a ‘NFT Unit‘) at a price of $0.59 per NFT Unit with each NFT Unit consisting of one common share of the Company to be issued on a ‘flow through’ basis pursuant to the Income Tax Act (Canada) (each a ‘NFT Share‘) and one Warrant; and
  • Traditional flow-through units of the Company (each, a ‘TFT Unit‘, together with the SFT Unit and the NFT, the ‘Units‘) at a price of $0.59 per TFT Unit with each TFT Unit consisting of one common share of the Company to be issued on a ‘flow through’ basis pursuant to the Income Tax Act (Canada) (each a ‘TFT Share‘, together with the SFT Shares and the NFT Shares, the ‘FT Shares‘) and one Warrant.

Each Warrant entitles its holder to purchase one common share of the Company (each a ‘Warrant Share‘) at an exercise price of $0.50 per share for a period of 24 months from the date of issuance.

Participation by IsoEnergy in the Offering will be considered a ‘related party transaction’ pursuant to Multilateral Instrument 61- 101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). IsoEnergy is considered a related party of the Company under MI 61-101 by virtue of holding 10.6% of the issued and outstanding common shares of the Company on a non-diluted basis. The Company will be exempt from the requirements to obtain a formal valuation or minority shareholder approval in connection with IsoEnergy’s participation in the Offering in reliance of sections 5.5(a) and 5.7(1)(a) of MI 61-101. A material change report will be filed in connection with the participation of IsoEnergy in the Offering less than 21 days in advance of the closing of the Offering, which the Company deemed reasonable in the circumstances so as to be able to avail itself of potential financing opportunities and complete the Offering in an expeditious manner.

The gross proceeds of the FT Shares sold under the Offering will be used for Canadian Exploration Expenses (within the meaning of the Income Tax Act (Canada)) which qualify as a ‘flow-through mining expenditure’ for purposes of the Income Tax Act (Canada) related to the exploration program of the Company to be conducted on the Company’s properties located in the Athabasca Basin, Saskatchewan. The Company will renounce such Canadian Exploration Expenses with an effective date of no later than December 31, 2025.

The completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and corporate approvals, including the approval of the listing of the FT Shares and the Warrant Shares on the TSX Venture Exchange. Resale of the securities of the Company distributed under the Offering will be subject to a statutory hold period in Canada of four months and one day following the closing date of the Offering.

About Purepoint

Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada. Highly prospective uranium projects are actively operated on behalf of partnerships with industry leaders including Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd.

Additionally, the Company holds a promising VHMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Corporation’s McIlvena Bay project. Through a robust and proactive exploration strategy, Purepoint is solidifying its position as a leading explorer in one of the globe’s most significant uranium districts.

For more information, please contact:

Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.ca

For additional information please visit our new website at https://purepoint.ca, our Twitter feed: @PurepointU3O8 or our LinkedIn page @Purepoint-Uranium.

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

Disclosure Regarding Forward-Looking Statements

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. ‘Forward-looking information’ includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion of planned exploration activities, the ability of the Company to complete the Offering on the proposed terms or at all, statements regarding the tax treatment of the FT Units and the timing to renounce all Canadian Exploration Expenses, the anticipated use of proceeds from the Offering and receipt of regulatory approvals with respect to the Offering. Generally, but not always, forward-looking information and statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or the negative connotation thereof 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’ or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company’s planned exploration activities will be completed in a timely manner, that the Company will be able to complete the Offering on the terms as anticipated by management, that the Company will use the proceeds of the Offering as anticipated, and that the Company will receive regulatory approval with respect to the Offering. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include the risk that the Company will not be able to complete the Offering on the terms as anticipated by management or at all, that the Company will not use the proceeds of the Offering as anticipated, that the Company will not receive regulatory approval with respect to the Offering, risks relating to the actual results of current exploration activities, fluctuating uranium prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by 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 forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

Not for Dissemination in the United States or through U.S. Newswire Services

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262595

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

For years, conservative groups and corporate leaders argued that the U.S. government would be better if it were run like a business.

For President Donald Trump, who has controlled his own businesses for decades, that looks like taking an increasingly active role in individual corporations’ affairs, from manufacturing to media to tech firms.

And corporations are meeting the demands of a president who is more freely exerting his powers than he did the last time he was in office. At Trump’s urging, Coca-Cola said it would produce a version of its namesake soda with U.S.-grown cane sugar. Paramount paid millions to settle allegations Trump levied against CBS’ venerated “60 Minutes.” Two major semiconductor makers agreed to give the government a cut of their sales in China. The CEO of Intel met with Trump soon after the president called on him to resign.

“It’s so much different than the first term,” said a Republican lobbyist whose firm represents several Fortune 500 companies, who spoke on condition of anonymity to speak candidly. “He’s just acting like a businessman. In his first term, I think he was trying to cosplay as a politician. He’s more comfortable in his own skin, too. He can explain deals better.”

Trump’s role represents a break with past administrations that may have been unwilling or unable, politically, to bring similar pressure to bear on businesses. In the past, small-government conservatives once accused previous Democratic administrations of attempting to “pick winners and losers” by trying to regulate industries. Trump today stands downstream of a bolder right-wing movement that calls for enhanced state intervention in corporate affairs.

Trump has said the corporate concessions are intended to boost the U.S. economy.

And the White House, in a statement, reinforced the idea that Trump’s involved approach to private-sector dealings is a key part of his economic agenda.

“Cooled inflation, trillions in new investments, historic trade deals, and hundreds of billions in tariff revenue prove how President Trump’s hands-on leadership is paving the way towards a new Golden Age for America,” White House spokesperson Kush Desai said.

This post appeared first on NBC NEWS

Ulta Beauty and Target said Thursday that they have decided to end a deal that opened makeup and beauty shops in hundreds of Target’s stores.

Shares of Target fell about 2% in early trading, while Ulta’s stock slid about 1%.

In a news release, the companies said the partnership — which also added some of Ulta’s merchandise to Target’s website — will end in August 2026. Target had added more than 600 Ulta Beauty shops to its stores since 2021, according to a company spokesperson. That’s nearly a third of Target’s 1,981 U.S. stores.

Ulta Beauty at Target shops carried a smaller and rotating assortment of the merchandise at the beauty retailer’s own stores. They were staffed by Target’s employees.

The loss of the popular beauty retailer’s products could be another blow to Target as it tries to woo back both shoppers and investors. Target’s annual sales have been roughly flat for four years and it expects sales to decline this fiscal year. Shares of the company are worth less than half of what the were back in 2021, when they hit an all-time closing high of $266.39. It also has faced backlash over both its Pride collection and its rollback of key diversity, equity and inclusion initiatives.

Store traffic for Target has declined year over year nearly every week from the week of Jan. 27, days after the company’s DEI announcement, through the week of Aug. 4, according to Placer.ai, an analytics firm that uses anonymized data from mobile devices to estimate overall visits to locations. Target traffic had been up weekly year over year in the four weeks before Jan. 27.

The only exceptions to that trend were the two weeks on either side of Easter, when traffic rose less than 1% year over year, the firm’s data showed.

On earnings calls and in investor presentations, leaders of the Minneapolis-based company had touted Ulta’s shops and its trendy beauty brands as a way to drive store traffic.

At a investor presentation in New York City in March, CEO Brian Cornell highlighted beauty as a growth category for Target and cited it as reason for confidence in Target’s long-term business. He said the company had gained market share in beauty and its sales in the category rose by nearly 7% in the fiscal year that ended in early February.

Target’s CEO Brian Cornell, 66, is expected to depart the company soon. The longtime Target leader renewed his contract for approximately three years in September 2022 after the board scrapped its retirement age of 65.

David Bellinger, an analyst for Mizuho Securities who covers retailers, said in an equity research note on Thursday that Target’s “messy in-store operations” as well as issues with retail theft and insufficient staffing at stores likely contributed to the companies ending their partnership.

“Overall, we see losing the Ulta shop-in-shop relationship as a negative development and something else Target’s next CEO will have to grapple with,” he wrote.

In a statement on Thursday, Target Chief Commercial Officer Rick Gomez said the discounter is “proud of our shared success with Ulta Beauty and the experience we’ve delivered together.”

“We look forward to what’s ahead and remain committed to offering the beauty experience consumers have come to expect from Target — one centered on an exciting mix of beauty brands with continuous newness, all at an unbeatable value,” he said.

In a statement, Ulta’s Chief Retail Officer Amiee Bayer-Thomas described the Target deal as “one of many unique ways we have brought the power of beauty to guests nationwide.”

“As we continue to execute our Ulta Beauty Unleashed plans, we’re confident our wide-ranging assortment, expert services and inspiring in-store experiences will reinforce our leadership in beauty and define the next chapter of our brand,” she said.

This post appeared first on NBC NEWS

The surge in energy-intensive artificial intelligence (AI) applications is driving renewed investment and policy focus on nuclear power.

Nuclear fusion is a re-emerging cornerstone technology that could meet the twin challenges of decarbonizing the global economy while energizing the data centers needed to power the AI revolution.

Nuclear power offers a 24/7, carbon-free source of baseload electricity. Unlike intermittent clean energy sources like wind and solar, nuclear plants also require significantly less land and fewer raw materials per unit of energy, adding to their appeal.

The advantages presented by nuclear power position it as a compelling opportunity for investors looking to capitalize on the future of global energy innovation.

SMRs: The new face of nuclear

Small modular reactors (SMRs), a broad classification that covers several designs, are helping to transform the nuclear sector. Smaller than traditional reactors at a capacity of 300 megawatts electrical (MWe) or less, SMRs can be factory built with enhanced safety features and lower upfront capital costs.

For example, NuScale Power’s (NYSE:SMR) recently approved US460 SMR has passive safety features. Unlike large nuclear plants that require active cooling systems, its design uses natural forces like gravity and convection for automatic shutdown and cooling, removing the need for operator intervention or external power in emergencies.

Similarly, X-Energy’s flagship Xe-100 SMR uses proprietary TRISO-X fuel, which is designed with multiple layers of ceramic materials that cannot melt, even at extremely high temperatures. The fuel serves as the primary containment barrier, ensuring safety without active intervention. In early August, X-Energy selected Clark Construction Group to finish the building construction phase of its advanced nuclear fuel fabrication facility.

Kairos Power is also making headway with its advanced modular reactor design, which combines TRISO fuel with a molten salt cooling system. The installation of the reactor vessel for the company’s third engineering test unit in Tennessee is a key milestone in the buildout of the company’s advanced modular design.

The design of SMRs also enable them to be deployed in a diverse range of locations.

Arc Energy’s sodium-cooled fast reactor is designed to be remote, able to operate for over two decades without refueling. In June, the company signed a memorandum of understanding with energy infrastructure company Deep Atomic to jointly explore deployment opportunities across North America.

Microreactors, a much smaller subcategory of SMRs that typically produce less than 10 MWe of power, represent the next wave of flexibility. Oklo (NYSE:OKLO), an advanced nuclear technology company headquartered in California, recently secured a contract with the US Air Force to pilot a microreactor at Eielson Air Force Base in Alaska.

For its part, BWX Technologies (NYSE:BWXT) has begun fabricating the reactor core for the 1.5 megawatt Pele demonstration microreactor for the US Department of Defense, a project that highlights the military’s growing interest in portable, reliable nuclear power.

Meanwhile, California-based Hadron Energy is developing the Hadron micro modular reactor, a compact nuclear power system designed to deliver about 10 megawatts of power. Using a ceramic core and solid fuel, the patent-pending design is intended for deployment in remote or space-limited locations.

While current reactors use nuclear fission to create heat and generate electricity, nuclear fusion, a separate but similar process that is still in development, is also gaining traction.

The US Department of Energy’s (DOE) Milestone-Based Fusion Development Program was authorized in 2020 and officially launched in September 2022, with eight participants announced in May 2023.

In a webinar, Colleen Nehl of the DOE’s Office of Fusion Energy Sciences, said the eight companies were “making great progress’ and spoke about new opportunities for additional teams to secure program funding.

AI and the coming energy crunch

AI’s voracious appetite for power is forcing tech giants to rethink their energy sourcing strategies. High-performance computing demands not only massive amounts of electricity, but also near-perfect uptime.

As AI models scale and data centers proliferate, the nuclear sector’s ability to deliver constant, emissions-free electricity positions it as a foundational technology for sustainable tech growth.

This has led companies like Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) to make landmark investments in nuclear fusion. In 2023, the former announced an agreement to purchase fusion energy from Helion Energy, while the latter signed a 200 megawatt fusion offtake deal with Commonwealth Fusion Systems in June.

Nuclear power can help technology companies sustainably expand their AI capabilities.

In 2024, Microsoft entered a power-purchase deal with Constellation Energy (NASDAQ:CEG) to revive the Three Mile Island nuclear facility, aimed at supporting its burgeoning AI infrastructure.

Additionally, Amazon Web Services (AWS) (NASDAQ:AMZN) committed over US$500 million toward the development of SMRs, including a project with Dominion Energy near its North Anna site, to meet its growing clean-energy demands.

In May, US President DonaldTrump issued an executive order directing the DOE to create a readily available fuel bank with at least 20 metric tons of high-assay low-enriched uranium (HALEU) for authorized advanced nuclear reactor projects, explicitly citing AI and other critical infrastructure as priorities.

HALEU is a specific type of nuclear fuel containing between 5 and 20 percent of the fissile uranium-235 isotope.

Speaking about nuclear energy in a July interview on New York radio station 77 WABC, Lee Zeldin, administrator of the Environmental Protection Agency, told host John Catsimatidis, “As it relates to the Trump administration, while we’re here, we want to do everything in our power to fast-track the process.”

Expedited review timelines from the Nuclear Regulatory Commission for TerraPower’s construction permit for the Kemmerer power station, and the Tennessee Valley Authority’s BWRX-300 reactor at Clinch River came in response to Trump’s executive order.

Managing the nuclear waste challenge

Despite its advantages, nuclear power faces the persistent challenge of disposing of spent nuclear fuel.

Nuclear power’s waste profile varies significantly depending on the technology used.

Traditional fission reactors split heavy atoms such as uranium-235, generating smaller fission products that remain highly radioactive for thousands of years.

This process also produces spent fuel, which must be securely stored and managed over the long term.

By contrast, fusion — the reaction that powers the sun — fuses light atoms like hydrogen isotopes into heavier ones, releasing helium, a non-radioactive gas. The main radioactive byproducts come from reactor components that become activated by high-energy neutrons.

Known as activation waste, these materials typically decay to safe levels within decades to centuries rather than millennia. While fusion waste is less hazardous and easier to handle, it still requires proper management, recycling or disposal.

To be safely disposed of, nuclear waste needs to be isolated from the environment for an extremely long time because many of the radioactive isotopes it contains have very long half-lives. A half-life is the time it takes for half of the radioactive material to decay. For example, plutonium-239 has a half-life of over 24,000 years.

Long-term isolation in a stable, deep geological repository is necessary to prevent this harmful radiation from contaminating the environment and endangering human health.

While the US has implemented some temporary storage solutions, the American Nuclear Society (ANS) and other organizations are advocating for a new program to establish long-term solutions.

The ANS joined seven other organizations to send a letter to US Secretary of Energy Chris Wright on July 8, asking to meet with him to discuss the issue. At the time of this writing, no meeting had been set. The Nuclear Waste Technical Review Board will convene on August 27 to review information on the DOE’s activities to manage spent nuclear fuel and high-level radioactive waste and to receive program updates from the DOE’s Office of Nuclear Energy.

Meanwhile, companies and institutions are discovering innovative solutions.

Deep Isolation is advancing directional borehole drilling, while workers at the DOE’s Savannah River site have developed a new carrier system to speed the processing of spent fuel.

Where is investment flowing?

As nuclear capabilities are built out, capital has been moving into every stage of the value chain.

Waste disposal innovators like Deep Isolation recently closed a reverse merger and an oversubscribed US$33 million private placement financing, a development that signals a potential market for nuclear waste storage solutions.

Meanwhile, the industry is addressing a shortage of domestic reactor fuel with a wave of innovation and new investment from the government and private sector. This is especially true for HALEU, a specialized fuel needed for many advanced reactor designs. The DOE is leading efforts to expand HALEU production, releasing plans to downblend highly enriched uranium (HEU) at the Savannah River site into HALEU.

At the decommissioned Paducah Gaseous Diffusion Plant, the DOE signed a lease with General Matter for a new uranium enrichment facility, while Global Laser Enrichment advanced its separate laser-based enrichment project by completing both its full license application and a safety analysis report for US Nuclear Regulatory Commission review.

The DOE also extended its US$110 million contract with Centrus Energy (NYSE:LEU) for HALEU production and launched its Fuel Line Pilot Program to fast track nuclear fuel fabrication for new test reactors in July.

Other next-generation fuel technologies are also progressing.

TRISO fuel, designed with multiple ceramic layers that prevent melting, remains a focus area. BWX Technologies’ successful testing of a new furnace for additively manufacturing TRISO fuel marked a key milestone in the company’s efforts to build an entirely new industrial supply chain, while Shine Technologies’ fuel recycling venture with Standard Nuclear signals a market for firms focused on recycling spent nuclear fuel to extract more energy.

Beyond advanced reactors, fuel improvements are also advancing. Lightbridge (NASDAQ:LTBR) will soon begin testing its enriched uranium-zirconium alloy fuel at Idaho National Laboratory.

Meanwhile, the High Burnup Experiments in Reactivity-Initiated Accident project completed its first test, aimed at understanding light water reactor fuel performance under extreme conditions.

Looking ahead

The future of nuclear power appears promising.

“Demand has gone from 1 or 2 percent compound annual (growth) to now about 4 percent and possibly even higher. And that doesn’t even include the COP28 goals of tripling nuclear by 2050,” he continued.

Building on burgeoning momentum, the DOE has officially selected 10 companies for its reactor pilot program, with a target of having at least three designs reach criticality outside of laboratories by July 4, 2026.

Given the promising outlook, investors have a compelling opportunity to capitalize on the industry’s future.

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

This post appeared first on investingnews.com

(TheNewswire)

GRANDE PRAIRIE, ALBERTA – August 14, 2025 TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces its subsidiary, EnerCam Resources Co. Ltd. (Cambodia) (‘EnerCam’) is well underway to complete Cambodia’s onshore EnviroVibe oil and gas 2-D seismic for Block VIII (‘Project’).

Mike Weeks, President of EnerCam, comments on the seismic, ‘We are very pleased to be doing seismic on Block VIII.  This technical work leads to defining drill targets, all of which is part of the requirements to prove commercial oil and gas for Cambodia. ‘

Weeks, having worked in the industry for decades around the globe, adds, ‘Discovering oil and gas changes a nation because it gives a country independence, recurring revenue, and its own source of national energy.  The entire economic activity receives a boost not just from the discovery, but from all the additional service businesses that develop as part of the industry sector.’

The quest for EnerCam is to discover Cambodia’s first onshore oil and gas, as currently the country imports all of its hydrocarbon-based energy products, spending several billion dollars per year.

EnerCam strives to be drilling the first wells following appropriate interpretation and target definition from the seismic program.

The technical teams continue with additional research in the area concurrently with the seismic.  Approached by local residents and business owners as they move from line to line across the targeted seismic area, the geoscience team is witnessing several abandoned water wells where oil has seeped into the well, making the water unusable for domestic use.  As well, the team has sourced multiple additional surface oil seeps, adding to the inventory of documented locations of surface oil showings.

The seismic program employs 53 people to execute daily tasks to lay out geophones every four metres across upcoming seismic lines, then add data recorders every 25 metres that connect to the geophones.  The pair of EnviroVibe units then pass the prepared line to be shot and sweeps the ground every 50 meters along the line to create ground vibration, and the results of the sound waves are transmitted and recorded.   Then all the geophones and data recorders are collected and rotated back into the next cycle for the upcoming lines.   Geophones and recorders generally try to stay 24 hours ahead of the Envirovibe units, so the process is efficient and advances in a timely manner.

Keith Edwards, Technical Manager for EnerCam describes the program and the results to date, ‘We are looking to average about nine kilometers per day, with some short lines taking longer. The initial data looks promising and the methodology and the technology are such that despite the rain, we can sweep an area and receive good quality data.’

Interpretation of the data will take place upon completion of the Project, which is estimated to be between mid and the end of September.   Between five and six weeks are budgeted as a timeline for interpretation.

Seismic teams are executing 350-line kilometers of two dimensional seismic over four identified sub basins on the west side of the license area and then will move to the newly described ‘mussel basin’ on the northeast side of the license.


Click Image To View Full Size

Figure 1 Geophone deployment teams walk the distances where no vehicle access is immediate.  Teams use GPS to accurately cover terrain daily to lay out geophones ahead of data recorders and EnviroVibe equipment.  Geophones are inserted into the ground every four meters.  All landowners grant full permission before any entry is allowed.


Click Image To View Full Size
Figure 2  EnviroVibe machines moving down seismic line through privately-owned palm plantation, full access and permission from owner granted in advance.


Click Image To View Full Size

Figure 3 Geophone deployment team travels by boat to access the next line area.  Vibration units will travel by land, using bridges and roads to position equipment in the sweep zones.


Click Image To View Full Size


Click Image To View Full Size

Figures 4 and 4a:  Local security are hired to monitor the lines of geophones and data recorders before they are picked up and moved to the next location.  Lines are monitored night and day, rain or shine.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR’s carbon capture and gas conservation project in Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.  The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometers in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas to reduce the size to just over 3700 square kilometers.   Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada.

CONTACT: Delayne Weeks – CEO

Email: info@angkorresources.com Website: angkor resources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

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

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o f future exploration, and the availability of financing.  Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Troy Minerals Inc. (‘Troy‘ or the ‘Company) (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3)is pleased to announce that is has issued a total of 15,000,000 units at price of $0.10 per unit under its LIFE Offering detailed in its June 30, 2025 news release, for gross proceeds of $1,500,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire an additional common share at a price of $0.15 per common share for a period of two years from the date of issuance.

In connection with the offering the Company paid cash finder’s fees of $43,062.

The Units were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106’). Pursuant to NI 45-106, the securities forming part of the Units issued to Canadian resident subscribers under the Offering are not subject to resale restrictions. The warrants, and any shares issued on exercise of the warrants are subject to a contractual hold period expiring four months from the closing date of the offering.

ON BEHALF OF THE BOARD,

Rana Vig | CEO and Director
Telephone: 604-218-4766
rana@ranavig.com

Forward-Looking Statements

Certain information contained herein constitutes ‘forward-looking information’ under Canadian securities legislation. Forward-looking information includes, but is not limited to the intended use of funds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘will’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or 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 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 and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release

Source

Click here to connect with Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) to receive an Investor Presentation

This post appeared first on investingnews.com