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How to Invest in Medical Device Stocks and ETFs

The medical device market offers investors unique exposure to the overall life science space, especially in an era of fast-growing tech advancements in healthcare.

This industry covers a wide range of health and medical instruments and equipment used in the treatment, mitigation, diagnosis and prevention of diseases and physical conditions, and it continues to develop rapidly.

Examples of medical devices include neurostimulation devices, surgical implants, ultrasound imaging devices and robotic medical technology, along with insulin pumps and insulin pens for diabetes. Just as pharmaceutical companies seek to serve unmet needs, medical device companies do the same via innovative technologies.

In this article

    What should investors know about the medical device market?

    Before investing in medical device stocks, it helps to understand their goals. Medtech companies will often seek to show investors that their products are ready to enter the market and will be in demand right away — whether it be by serving a large demographic or by targeting a specific ailment in the population that has an unmet medical need.

    Like firms pursuing drug approvals, medical device companies must conduct clinical trials to bring their products to market; they have to refine their technology and confirm efficacy and safety to get regulatory approvals.

    Successfully completed clinical trials and product approvals are usually major catalysts for a company’s share price. A medical device stock can experience a large jump when announcing positive results from a recent trial or approval from a regulatory body such as Health Canada, the US Food and Drug Administration (FDA) or an equivalent agency in Europe or Asia. On the other hand, poor results can have a negative impact on the company’s performance.

    Patentability also plays a big role in a medical device company’s value. Once a product has been patented, the company controls its every move and can choose to license it or make other deals to expand device reach.

    What is the outlook for the medical device market?

    The medical device market is expected to experience growth in global annual sales of over 5 percent each year to reach nearly US$800 billion by 2030, according to a forecast from KPMG.

    Driving that growth will be an increase in demand for new devices like wearables and services like health data, alongside diseases, particularly cancer and diabetes, plus cardiovascular, neurological, orthopedic and respiratory diseases, which are on the rise due to an aging population.

    Chronic diseases are also growing in prevalence. The United Nations has said that by the end of 2050, the ratio of deaths per year due to chronic diseases is expected to rise to around 86 percent of total deaths each year.

    KPMG sees the adoption of five key technologies, what it calls ‘patient and consumer data sharing technologies,’ as critical for ‘winning companies in 2030.’ These are wearables, smart device apps, Internet of Things (IoT), cloud-based data and analytics, and blockchain.

    The top five geographical markets identified by the firm are the United States, China, France, Germany and India.

    In short, with the future growth of the market expected to be robust, there are many opportunities for investing in the medical device industry.

    How to invest in medical device stocks

    Large-cap medical device stocks

    The sector is dominated by a handful of big medical device manufacturers, which means investors interested in large-cap companies will have no trouble finding what they’re looking for. Here are a few to get you started:

    Abbott Laboratories (NYSE:ABT)
    Abbott Laboratories creates a wide range of products, from diagnostics to medical devices to branded generic pharmaceuticals. Its medical devices focus on segments including vascular diseases, diabetes and optometry.

    Intuitive Surgical (NASDAQ:ISRG)
    Medical device manufacturer Intuitive Surgical developed the da Vinci surgical system, the first minimally invasive surgical system to receive clearance from the US FDA. The company’s goal is to provide assistance to doctors and hospitals with its robotics-assisted platforms, including the da Vinci system.

    Medtronic (NYSE:MDT)
    Medtronic’s devices provide solutions for relieving pain, restoring health and working to extend the lives of millions of people globally. Its primary areas of focus include cardiac and vascular care, minimally invasive therapies, restorative therapies and diabetes.

    Danaher (NYSE:DHR)
    Globally diversified conglomerate Danaher has a number of brands under its corporate umbrella grouped in three distinct divisions: healthcare, diagnostics and environmental and applied end markets. Through its brands, Danaher designs, manufactures and sells a number of medical device products and services.

    Thermo Fisher Scientific (NYSE:TMO)
    Thermo Fisher Scientific’s family of global products and services represents a broad range of high-end analytical instruments, chemistry and consumable supplies, laboratory equipment and software. It has products in a variety of areas, including cellular analysis, synthetic biology and molecular biology.

    Small-cap medical device stocks

    Investors will also find smaller-cap medical device companies amid the heavyweights — it’s just a matter of risk tolerance. Below are five great examples.

    AngioDynamics (NASDAQ:ANGO)
    AngioDynamics is a global medical technology company that designs, manufacturers and sells high-quality, minimally invasive medical devices. Its devices target vascular access procedures and treatment of peripheral vascular and oncological diseases.

    Aurora Spine (TSXV:ASG,OTCQB:ASAPF)
    Aurora Spine is a Canadian medical device company focused on the spinal implant market. It has a portfolio of minimally invasive, regenerative spinal implant technologies designed to improve spinal surgery outcomes. Its FDA-approved products include the DEXA patient-matched implant technology and the ZIP series of implants for lumbar spinal stenosis.

    Delcath Systems (NASDAQ:DCTH)
    Delcath Systems is a pharmaceutical and medical device company focused on “interventional oncology,” specifically regarding the treatment of primary and metastatic liver cancers. The company’s commercial products combine its Hepactic Delivery System with the chemotherapeutic drug melphalan for to help liver cancer patients undergo safer high-dose chemotherapy.

    Senseonics (NYSEAMERICAN:SENS)
    Senseonics is a commercial-stage medical technology company that develops and manufactures continuous glucose monitoring systems for people with diabetes. The company’s Eversense 365 and Eversense E3 systems are long-term, implantable devices that use sensor technology to transmit frequent glucose data updates via a smartphone app.

    iRhythm Technologies (NASDAQ:IRTC)
    iRhythm Technologies’ wearable biosensor device, the Zio ECG monitor, is used for the diagnosis of cardiac arrhythmias. The FDA-cleared device uses AI and a clinically proven deep-learned algorithm to enable accurate diagnoses.

    How to invest in medical device ETFs

    For those who prefer to mitigate risk, exchange-traded funds (ETFs) are a safer way to put money into the market, and there are two primary medical device ETFs for investors to choose from.

    ETFs hold assets such as stocks, commodities and bonds, and trade close to their net asset value. With exposure to various companies, any potential decrease in one stock won’t significantly drive down overall ETF returns.

    Typically ETFs track an index. In the medical device arena, there are two indexes that can be followed: the S&P Health Care Equipment Select Industry Index (INDEXSP:SPSIHE) and the Dow Jones US Select Medical Equipment Index (INDEXDJX:DJSMDQ).

    Below are the two biggest medical device ETFs:

    iShares US Medical Devices ETF (ARCA:IHI)
    The iShares US Medical Device ETF is the largest ETF in the medical device sector. Its focus is on US companies that manufacture and distribute medical devices. This passive ETF tracks the Dow Jones US Select Medical Equipment Index. Three of its top holdings are Abbott Laboratories, Intuitive Surgical and Boston Scientific (NYSE:BSX).

    SPDR S&P Health Care Equipment ETF (ARCA:XHE)
    The SPDR S&P Health Care Equipment ETF tracks the S&P Health Care Equipment Select Industry Index. Its top holdings include Staar Surgical (NASDAQ:STAA), ResMed (NYSE:RMD) and iRhythm Technologies.

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

    This post appeared first on investingnews.com

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    Locksley Resources LimitedAdvances Antimony Supply Strategy

    Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is pleased to advise it has moved to secure additional beneficiated ore supply to complement development of its Desert Antimony Mine at Mojave, California. This initiative forms part of the Company’s broader mine to market strategy targeting supply for the U.S. defense and energy markets, while also strengthening the commercial pathway for its DeepSolv(TM) processing technology being developed with Rice University.

    Highlights

    – Locksley seeks to strengthen the commercial pathways for DeepSolv(TM) processing method, by entered into a Non-Binding Heads of Agreement with EV Resources Limited (EVR) to purchase EVR’s Antimony material via an Ore Sales Agreement

    – Availability of 3rd party material is a key element for the development of DeepSolv(TM) and access to the USD $1bn+ domestic US Antimony market

    – Expands and diversifies ore feedstock available for the processing development and downstream validation being conducted by Rice University on the DeepSolv(TM) product

    – Enables Locksley to integrate both domestic ore from Mojave and additional North American supply into U.S. refining, accelerating the availability of critical materials

    – Access to multiple ore supplies is complementary to the development of the Desert Antimony Mine at Mojave and advances Locksley’s strategy of providing domestic security of USA antimony supply necessary for defence security

    – Will provide priority access to antimony samples from EV Resources’ Los Lirios operations for Rice University DeepSolv(TM) testwork, promoting a diversified and resilient North American supply chain

    – Contingent on Locksley and EVR successfully negotiating a binding Antimony Ore Sales Agreement and subject to EVR shareholder approval, Locksley will make a strategic investment of A$0.75 million in EV Resources Limited (ASX:EVR)

    Strategic Rationale: DeepSolv(TM) Processing Pathway

    The securing of EVR beneficiated ore will underpin Locksley’s ability to accelerate deployment of DeepSolv(TM), a proprietary solvometallurgical process developed with Rice University, by ensuring additional steady and diverse feedstock supply. This strengthens the Company’s position to:

    – Provide immediate beneficiated ore supply to complement Mojave ore and bridge U.S. requirements until domestic mining commences

    – Validate the DeepSolv(TM) process across multiple ore types, ensuring resilience and efficiency in downstream refining

    – Secure 3rd party material as a key element for establishing the scale of DeepSolv(TM) and access to the USD $1bn+ domestic US Antimony market

    – Advance production of defense-grade and energy-grade antimony products for U.S. applications

    – Demonstrate to U.S. Government stakeholders the practical delivery of non-Chinese feedstock through advanced U.S.-based processing

    – Position Locksley as a leading partner in reshaping North American supply chains for critical minerals

    Strategic Locksley Investment and Ore Sales Agreement

    LKY and EVR have entered into a non-binding Heads of Agreement. Contingent upon LKY and EVR entering into a binding Ore Sales Agreement, and subject to EVR shareholder approval,

    LKY will make a strategic investment of A$0.75 million. This agreement provides a framework for EVR to supply antimony concentrate from its Los Lirios operations to Locksley, with the following key points:

    – Purpose: The Agreement sets out the non-binding commercial framework under which EVR and LKY will cooperate to establish a strategic relationship for material testwork and develop production and value creation.

    – Testing and Validation: EVR will send representative samples of ore to Locksley’s refining facility to test and confirm ore properties and processing viability.

    – Pathway to Binding Agreement: The parties will seek to enter into a binding Ore Sales Agreement which will set out the commercial framework for a long-term supply partnership, with an initial focus on offtake to support downstream processing studies.

    – Mutual Strategic Benefit: The cooperation secures a potential long-term customer for EVR’s concentrate while reinforcing Locksley’s access to a secure supply of antimony for its proprietary refining technology.

    Pat Burke, Chairman of Locksley Resources, commented:

    ‘This agreement potentially strengthens our mine-to-market strategy by complementing our Mojave development with additional concentrate supply from EVR. By securing nearshore feedstock alongside our fast-tracked mining plans in California, Locksley will be well positioned to accelerate the U.S. return to domestic antimony processing. With Rice University’s support and the deployment of our DeepSolv(TM) technology, our pathway demonstrates that Locksley is assembling the resources, partnerships, and technology to ensure secure, scalable, and independent antimony supply for the United States.’

    About Locksley Resources Limited:

    Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (OTCMKTS:LKYRF) (FRA:X5L) is an ASX-listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development of critical minerals for U.S.

    Mojave Project

    Located in the Mojave Desert, California, the Mojave Project comprises over 240 claims across two contiguous prospect areas, namely, the North Block-Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

    In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With surface samples grading up to 46% Sb as well as silver up to 1,022 g/t Ag, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

    Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

    Source:
    Locksley Resources Limited

    Contact:
    Locksley Resources Limited
    T: +61 8 9481 0389
    E: info@locksleyresources.com.au

    News Provided by ABN Newswire via QuoteMedia

    This post appeared first on investingnews.com

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    Navigating Uncertainty: How to Manage Jurisdictional Risk for Mining Stocks

    In the high-stakes world of resource extraction, a nation’s mineral wealth is a powerful magnet for investment, fueling economic growth and national prosperity. But not all countries are created equal.

    For investors in the mining sector it’s key to understand that jurisdictional risk can be profoundly impacted by political changes, as new administrations can swiftly alter the regulatory landscape. These policy shifts can present both opportunities and setbacks, introducing a complex layer of uncertainty to even the most promising ventures.

    At the same time, regions traditionally seen as stable and secure for resource development can face their own challenges, including rigorous permitting regimes that can slow mine development activity.

    Read on for three case studies on jurisdictional risk and how to navigate this type of complexity.

    Case study: First Quantum’s Cobre Panama mine

    Perhaps the most notable example in recent years of how politics can affect operations is the closure of First Quantum Minerals’ (TSX:FM,OTC Pink:FQVLF) Cobre Panama mine in Panama.

    As with many mining operations, Cobre Panama took decades to bring into production. First Quantum received approval to begin work at the site in February 1997; however, it would take 22 years and US$10 billion to build the mine and the required infrastructure before production commenced in September 2019.

    When it was placed on care and maintenance in November 2023, the mine was one of the largest in the world, accounting for approximately 1 percent of total copper supply.

    The closure came after Panama’s government faced intense public backlash for granting First Quantum a 20 year mining contract; it was quickly declared unconstitutional by the Supreme Court.

    The Panamanian government also introduced an indefinite moratorium on all mining concessions. The move put the country’s mining sector in a state of limbo and led other companies to cease activities in Panama. For example, Orla Mining (TSX:OLA,NYSEAMERICAN:ORLA) decided to halt funding of its Cerro Quema project until it had “greater certainty with respect to the mining concessions, as well as fiscal and legal stability in Panama.”

    Cobre Panama’s closure and the subsequent moratorium led Fitch to downgrade its investment outlook for Panama in March 2024, from BBB- to BB+. The credit agency cited fiscal governance challenges that arose following the mine’s closure, noting that Cobre Panama accounted for 5 percent of the nation’s GDP.

    Although the International Monetary Fund expects Panama’s GDP to rebound to 4.5 percent in 2025 as non-mining sectors of the nation’s economy grow, the changes have already had a significant impact on the national economy, with GDP growth slowing to 2.9 percent in 2024, from 7.4 percent in 2023.

    Case study: Barrick Mining’s Loulo-Gounkoto complex

    Another recent example is the impact of unrest on Barrick Mining’s (TSX:ABX,NYSE:B) operations in Mali.

    The African nation has experienced a prolonged period of instability, with the government being overthrown in three coup d’états within a 10 year span, in 2012, 2020 and 2021.

    The most recent two came following months of turmoil after election irregularities and accusations of corruption in 2020, then calls for a more legitimate government to be installed in 2021.

    Ultimately, the government was replaced by a military junta, and in 2022, it was announced that elections would be held in 2024. However, these were delayed until early 2025, at which time they were again postponed.

    This past July, Malian military authorities granted current leadership a five year mandate, renewable as many times as necessary without requiring an election, which guarantees control of the government until 2030.

    The impact on the mining sector has been notable. In 2022, the new government ordered an audit of the mining sector, which led to Mali adopting a new mining code in 2023 after limited industry consultation.

    The code aims to generate more revenue for the government from mining operations by increasing government ownership to 35 percent from 20 percent and removing tax-exempt status for some operations.

    Existing mining contracts were also reviewed, which limited the ability to renegotiate, leading to a protracted negotiation process between the Malian government and Barrick over its Loulo-Gounkoto complex.

    While Barrick has said its commitment to Mali remains firm, going so far as to make a good-faith payment of US$83 million, the two parties were unable to reach an agreement. The stalled negotiations led the government to arrest or issue arrest warrants for key personnel over unpaid taxes and contract disputes, including Barrick CEO Mark Bristow.

    With no resolution, Barrick was ultimately forced to shut down the mine in January of this year. Although arbitration proceedings continue, the operation was placed under provisional administration on June 16, and government helicopters were seen onsite removing more than 1 metric ton of gold on July 10.

    According to the Extractive Industry Transparency Initiative, the mining sector makes a significant contribution to the nation’s economy, representing 79 percent of exports and 9.2 percent of GDP. Although other companies haven’t ceased operations in the country, the government’s action has created tensions for investors, with CEOs suggesting that the new rules make it economically unfeasible for new mines or takeovers in the country.

    The Fraser Institute gave Mali a policy perception score of 14.94 in its 2024 Annual Survey of Mining Companies, a significant decrease from 2023, when it achieved 33.34, and a precipitous decline from 2020’s score of 78.18. In the overall ranking, Mali fell to 74 out of 82 countries included in the survey, down from 37 out of 77 in 2020.

    The institute notes that companies say policy accounts for about 40 percent of their decision when choosing where to establish operations. The other 60 percent is based on the mineral potential. In this regard, Mali improved to 55.26 from 41.18 in 2023; however, it remains in the bottom half of all jurisdictions, ranking 40 out of 58.

    The institute uses these scores to determine the overall investment attractiveness of jurisdictions. In 2024, Mali scored 39.13 and ranked 72 out of 82. Respondents to the survey suggested that the rejection of gold mining permits and the lack of transparency created uncertainty and deterred investment.

    Even when investment is in the national interest, underlying issues can be hard to overcome.

    Case study: The DRC

    The Democratic Republic of the Congo (DRC) is endowed with a vast wealth of minerals, ranging from copper to cobalt and diamonds, but a lack of infrastructure and geopolitical instability have hindered investment.

    However, the mining sector has seen steady growth in recent years as the government looks to attract investment. One project is the construction of the Lobito Corridor, Africa’s first open-access transcontinental rail link. It connects Zambia and the DRC with the port of Lobito in Angola, providing improved shipping opportunities for producers.

    Among the operations that have signed on to use the rail link is Ivanhoe Mines’ (TSX:IVN,OTCQX:IVPAF) Kamoa-Kakula mine. The asset is one of the world’s largest copper mines, producing 964 million pounds in 2024.

    In February 2024, the company signed a term sheet to access the corridor, allowing it to transport between 120,000 and 240,000 metric tons of copper concentrates per year for a five year term, commencing in 2025.

    In a press release, Robert Friedland, Ivanhoe’s founder and executive co-chair, said the corridor is “fast becoming one of the most important trade routes for vital copper metal in the world.”

    He added that the rail link will unlock projects due to the lower logistical costs.

    While development in the DRC is moving in the right direction, it’s not without its problems. Tensions remain with neighboring Rwanda, as Rwanda has backed anti-government M23 rebels. The groups have been warring since 2022, with much of the violence occurring in the Eastern DRC, a mineral-rich area of the country.

    In April 2024, M23 seized the town of Rubaya, the center of coltan production in the DRC; coltan is a critical mineral for the tech sector. While Ivanhoe’s mine has avoided the violent uprisings elsewhere in the country, it still highlights key security challenges for operations in the country and underscores the fragility of stability.

    Like Mali, the DRC declined in the Fraser Institute’s survey last year.

    It dropped to 12.97 on policy, down from 24.93 in 2023, ranking 77 out of 82. However, its mineral potential ranked much higher, scoring 73.53 — that’s up from 55 in 2023 and a rank of 14 out of 58.

    On overall investment attractiveness, the DRC was middling, scoring 49.31 and ranking 58 out of 82. The report points to issues such as disputes over land tenure ownership, which have led to uncertainty and deterred investment.

    Is there any truly safe mining jurisdiction?

    The mining community has looked mainly to North America, Europe and Australia to minimize jurisdictional risk.

    Canada, the US and Australia are widely considered safe places to invest in due to the stability of their governments and the absence of cross-border conflicts. Despite changes in government, political parties in these nations tend to support extractive industries through tax credits and investment programs.

    As a whole, challenges in these jurisdictions tend to be more regulatory than geopolitical in nature, with strict environmental and social regulations adding years to development timelines.

    Recently, however, there have been some moves to break down these barries.

    The US and Canada have both made promises to streamline the permitting process to decrease timelines for critical minerals. Additionally, under the Biden administration, the US Department of Defense, increased funding for projects deemed critical to national interests, including those involving Canadian companies Fortune Minerals (TSX:FT,OTCQB:FTMDF) and Lomiko Metals (TSXV:LMR,OTC Pink:LMRMF).

    The program has continued under US President Donald Trump, with the most recent award being announced on July 22, for US$6.2 million in funding for Guardian Metal Resources (LSE:GMET,OTCQX:GMTLF).

    Although challenges in these regions still exist, in general they remain stable. For investors, it can help to de-risk portfolios and avoid the geopolitical tensions and uncertainty that arise elsewhere.

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

    This post appeared first on investingnews.com

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    Questcorp Mining Provides Update on Its Maiden Drill Program at La Union

    Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to provide an update on the Phase I drilling program at its La Union Gold and Silver project in northwest Sonora, Mexico. Drill holes have now been completed at two of the 4 target areas:

    • The initial hole was completed beneath the historic Union Mine itself, intersecting the favourable carbonaceous Clemente and Caborca formations, including the microconglomeratic carbonate unit which hosted mineralization at the bottom of the past producing Union Mine.
    • Drilling then shifted focus to the El Cobre Mine area and the Union Norte Mine area, testing vertical feeder zones above the Clemente formation dolomites and carbonaceous sandstones. Hole two intersected more quartzites than interpreted from the geophysics, with the quartzites carrying more extensive hematitic oxides, possibly indicative of oxide gold mineralization potentially related to sulfides which have been oxidized through supergene weathering.

    Saf Dhillon, President and Chief Executive Officer, states: ‘The drilling is indicating oxidation is consistent with past mining and targets are coming along with a positive exploration drilling so far. The drilling is intersecting more quartzite than expected which is favorable for fracture-controlled mineralization. The Riverside operations team is progressing the current exploration program working with the surface rancher and the drilling company to efficiently progress a high-quality exploration program.’

    Drilling has now moved to the Famosa Target to progress exploration program. The Mexico Mining Ministry has approved many permits and are actively supporting the environmentally, socially conscious mineral exploration practices as a key aspect for the new Mexican government initiatives.

    The technical content of this news release has been reviewed and approved by R. Tim Henneberry’, P.Geo (BC) a Director of the Company and a Qualified Person under National Instrument 43-101.

    About Questcorp Mining Inc.

    Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, B.C., subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

    ON BEHALF OF THE BOARD OF DIRECTORS,

    Saf Dhillon
    President & CEO

    Questcorp Mining Inc.
    saf@questcorpmining.ca
    Tel. (604-484-3031)

    Suite 550, 800 West Pender Street
    Vancouver, British Columbia
    V6C 2V6.

    Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding completion of survey work at the North Island Copper project. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265741

    News Provided by Newsfile via QuoteMedia

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    Heliostar Announces Graduation to Tier 1 Status on the TSX Venture Exchange

    Heliostar Metals Ltd. (TSXV: HSTR,OTC:HSTXF) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) is pleased to announce that it has been approved for graduation from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange (the ‘TSXV’) effective September 12, 2025.

    The TSXV classifies issuers into different tiers based on various factors, including financial performance, stage of development, and available resources. Tier 1 is the TSXV’s highest designation and is reserved for more advanced companies with significant financial resources. This upgrade signifies Heliostar’s continued growth and its commitment to providing long-term value for its shareholders.

    About Heliostar Metals Ltd.

    Heliostar aims to grow to become a mid-tier gold producer. The Company is focused on increasing production and developing new resources at the 100% owned La Colorada and San Agustin mines, and on developing the Ana Paula, Cerro del Gallo and San Antonio deposits in Mexico.

    FOR ADDITIONAL INFORMATION PLEASE CONTACT:

    Charles Funk
    President and Chief Executive Officer
    Heliostar Metals Limited
    Email: charles.funk@heliostarmetals.com
    Phone: +1 844-753-0045    		 Rob Grey
    Investor Relations Manager
    Heliostar Metals Limited
    Email: rob.grey@heliostarmetals.com
    Phone: +1 844-753-0045

     

    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.

    Cautionary Statement Regarding Forward-Looking Information

    This news release includes certain ‘Forward-Looking Statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ‘forward-looking information’ under applicable Canadian securities laws. When used in this news release, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘target’, ‘plan’, ‘forecast’, ‘may’, ‘would’, ‘could’, ‘schedule’ and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things, trading as a Tier 1 issuer on the TSX Venture Exchange.

    These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption ‘Risk Factors’ in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

    This news release includes certain non-International Financial Reporting Standards (IFRS) measures. The Company has included these measures, in addition to conventional measures conforming with IFRS, to provide investors with an improved ability to evaluate the project and provide comparability between projects. The non-IFRS measures, which are generally considered standard measures within the mining industry albeit with non-standard definitions, are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Cash costs (Cash Costs) are a common financial performance measure in the gold mining industry but with no standard meaning under IFRS. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate each project’s economic results in the technical reports and each project’s potential to generate operating earnings and cash flow. All-in Sustaining Costs (AISC) more fully defines the total costs associated with producing precious metals. The AISC is calculated based on guidelines published by the World Gold Council (WGC), which were first issued in 2013. In light of new accounting standards and to support further consistency of application, the WGC published an updated Guidance Note in 2018. Other companies may calculate this measure differently because of differences in underlying principles and policies applied. Differences may also arise due to a different definition of sustaining versus growth capital. Note that in respect of AISC metrics within the technical reports because such economics are disclosed at the project level, corporate general and administrative expenses were not included in the AISC calculations.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265721

    News Provided by Newsfile via QuoteMedia

    This post appeared first on investingnews.com

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    Federal appeals court upholds $83.3M E. Jean Carroll judgment against Trump

    President Donald Trump is still facing a $83.3 million payment to writer E. Jean Carroll after a federal appeals court rejected his challenge of a defamation verdict against him Monday.

    The ruling from the 2nd U.S. Circuit Court of Appeals upholds a lower court decision finding that Trump did, in fact, defame Carroll. Trump’s lawyers argued his comments about Carroll were protected by presidential immunity and that the verdict in the case was unjust. The three-judge panel rejected both of those claims.

    ‘We conclude that Trump has failed to identify any grounds that would warrant reconsidering our prior holding on presidential immunity. We also conclude that the district court did not err in any of the challenged rulings and that the jury’s damages awards are fair and reasonable,’ the court opinion read.

    ‘The record in this case supports the district court’s determination that the ‘the degree of reprehensibility’ of Mr. Trump’s conduct was remarkably high, perhaps unprecedented,’ the court added.

    Carroll sued Trump twice after she released a book in 2019, which claimed Trump raped her during a brief encounter with him in a department store dressing room in the 1990s.

    Trump vigorously denied the claims, saying he had never met Carroll, that she was not his ‘type’ and that she fabricated the incident to sell books. His vocal and repeated criticisms and denials led to Carroll’s defamation allegations.

    Monday’s ruling comes months after the same court rejected Trump’s appeal in another Carroll-related case. In that appeal, Trump challenged evidence that Carroll’s legal team introduced to the jury during the civil lawsuit, including the Access Hollywood tape that surfaced during Trump’s 2016 campaign.

    The full panel of judges declined to hear Trump’s argument, however, forcing the president to either accept defeat or appeal to the Supreme Court.

    Read the full ruling below (App users click here)

    Fox News’ Ashley Oliver contributed to this report.

    This post appeared first on FOX NEWS

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    Thune lays groundwork for nuclear option in Senate fight over Trump nominees

    Senate Republicans have started the process of going nuclear on Senate Democrats in their quest to confirm President Donald Trump’s nominees.

    Senate Majority Leader John Thune, R-S.D., on Monday laid the framework for the GOP to use the ‘nuclear option,’ a move that allows for a rule change in the Senate with a simple majority vote in order to install a new rule that allows for nominees to be voted on in groups.

    Republicans are moving forward with a plan originally devised by Democrats during the Biden administration, due to frustrations at the time with the sluggish pace that nominees were moving through the upper chamber.

    However, that pace has turned into an outright crawl during Trump’s second term. No nominee at any level has received a voice vote or moved through unanimous consent — two methods meant to fast-track the confirmation process for sub-cabinet level positions in the bureaucracy.

    Thune quoted Senate Minority Leader Chuck Schumer, D-N.Y., who in 2022 railed against Republicans during a Senate floor speech for slowing some of former President Joe Biden’s nominees, and said, ‘Regardless of the party in the White House, both sides have long agreed that a President deserves to have his or her administration in place, quickly.’ 

    Thune charged that the Democrats’ blockade was ‘Trump derangement syndrome on steroids’ and argued that if the nominees were as historically bad as they claimed, they would not have voted some of them out of committee on a bipartisan basis.

    ‘We’ve got a crisis, and it’s time to take steps to restore Senate precedent and codify in Senate rules what was once understood to be standard practice,’ he said. 

    ‘This afternoon I will be taking the necessary procedural steps to amend the rules,’ Thune continued. ‘It is an idea with a Democrat pedigree.’

    Thune is expected to take the first step in the process Monday night and will file a resolution with dozens of nominees who advanced out of committee on a bipartisan basis. 

    The plan, which takes its cue from a bill pushed by Sens. Amy Klobuchar, D-Minn., Angus King, I-Maine, and former Sen. Ben Cardin, D-Md., would allow for nominees to be voted on in groups, or ‘en bloc.’

    The original bill put a cap of 10 nominees per en bloc group and included both district judge and U.S. attorney picks. Republicans are likely to go beyond the cap but may not include judicial nominees.

    Instead, the focus is on sub-cabinet level nominees that make their way through their respective committees with bipartisan support.

    ‘What I’m just saying is we’re returning to the way the Senate used to work,’ Senate Majority Whip John Barrasso, R-Wyo., told Fox News Digital. ‘When the vast majority of nominees, after being scrutinized in committee, had their hearings voted out and sent to the floor. Then you know, Bush, Clinton — 99% of them by unanimous consent or by voice vote, and President Trump has had zero.’

    Thune’s move comes after he and Schumer were unable to reach a deal on moving nominees last month before lawmakers left Washington for recess.

    Both parties have turned to the nuclear option a handful of times since 2010. In 2013, then-Senate Majority Leader Harry Reid, D-Nev., used the nuclear option to allow for all executive branch nominees to be confirmed by simple majority. 

    Four years later, then Senate Majority Leader Mitch McConnell, R-Ky., went nuclear to allow for Supreme Court nominees to be confirmed by a simple majority. And in 2019, McConnell reduced the debate time to two hours for civilian nominees.

    Republicans voiced hope that using a proposal from Democrats would sway some to support the change and argued that the move is meant to further streamline the process and prevent future blockades by either party.

    ‘I really look at this like they’re forcing us to do something,’ Sen. Roger Marshall, R-Kan., told Fox News Digital. ‘There’s nothing nuclear about it, in my humble opinion. And again, this is their bill, and we’ll see. It’s great to watch them squirm as they try to figure out what to do with this.’

    This post appeared first on FOX NEWS

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    Epstein estate hands over ‘birthday book,’ contact list to House investigators

    Jeffrey Epstein’s estate began handing documents over to Capitol Hill lawmakers on Monday, pursuant to a subpoena issued by the House Oversight Committee last month.

    Trustees tasked with handling the late pedophile’s matters were ordered to turn over a tranche of files, including his infamous ‘birthday book,’ as part of House lawmakers’ investigation into Epstein and his accomplice Ghislaine Maxwell.

    The ‘birthday book,’ along with Epstein’s last will and testament, details of his 2007-2008 non-prosecution agreement with the U.S. Attorney’s Office for the Southern District of Florida, entries from Epstein’s contact books from Jan. 1, 1990 through Aug. 10, 2019, and information about Epstein’s known bank accounts, were all handed over to investigators.

    A committee aide told Fox News Digital that staff would review the documents, and they would be made public ‘in the near future.’

    House Oversight Committee Democrats, meanwhile, took to X with what appears to be an excerpt from the ‘birthday book’ that shows a message from President Donald Trump to Epstein, though the White House denied its veracity.

    ‘As I have said all along, it’s very clear President Trump did not draw this picture, and he did not sign it. President Trump’s legal team will continue to aggressively pursue litigation,’ White House press secretary Karoline Leavitt wrote on X, specifically in reference to a Wall Street Journal story that first mentioned allegations of Trump writing in the book.

    A letter from attorneys representing Epstein’s estate signaled in a letter to the Oversight Committee that Monday’s production was just the first tranche of documents pursuant to the congressional subpoena.

    Committee Chair James Comer, R-Ky., sent a letter on Aug. 25, requesting a slew of documents by Sept. 8.

    ‘It is our understanding that the Estate of Jeffrey Epstein is in custody and control of documents that may further the Committee’s investigation and legislative goals. Further, it is our understanding the Estate is ready and willing to provide these documents to the Committee pursuant to a subpoena,’ Comer wrote at the time.

    As part of his non-prosecution agreement, Epstein pleaded guilty in 2008 to two state charges in Florida of soliciting and procuring a minor for prostitution, avoiding more severe federal charges. He ended up serving 13 months in county jail with the benefit of a work-release program, confidential settlements with some victims, and being registered as a sex offender. 

    It also allowed co-conspirators to avoid charges – a major point of contention during his accomplice Ghislaine Maxwell’s federal trial in late 2021. It’s also the basis of Maxwell’s appeal to the Supreme Court to overturn her guilty verdict.

    Subpoenaed documents include all entries in a book compiled by Maxwell for Epstein’s 50th birthday, Epstein’s will and information on his 2008 non-prosecution agreement.

    Lawmakers hope that the ‘birthday book,’ which allegedly includes personalized messages from Epstein’s friends and associates, will shed light on his personal connections. The information is likely to be dated, however, with the book having been compiled in 2003.

    Information was also sought on Epstein’s financial transactions, call and visitor logs, and ‘any document or record that could reasonably be construed to be a potential list of clients involved in sex, sex acts, or sex trafficking facilitated by Mr. Jeffrey Epstein,’ according to a copy of the subpoena viewed by Fox News Digital.

    Comer has subpoenaed a litany of individuals, as well as the Department of Justice (DOJ), for information related to Epstein.

    He is also bringing in Alexander Acosta, a former Trump administration labor secretary who also served as U.S. attorney for the Southern District of Florida when Epstein entered into a non-prosecution agreement with the federal government in 2008, for a transcribed interview on Sept. 19.

    Comer and other members of the House Oversight Committee met with Epstein survivors last week.

    About 33,000 pages of files turned over by the DOJ have already been released by the House Oversight Committee, though the vast majority of those were already public knowledge.

    This post appeared first on FOX NEWS

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