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I went to England on a history vacation. It turned into an archaeological expedition, uncovering the bones of a once-great civilization. 

All the tourist sites are still there. You can still see the changing of the guard at Buckingham Palace, recall the ‘V’ for victory in the Churchill War Rooms or be inspired to pray at Westminster Abbey. But those are mere historical artifacts, like the pyramids of Egypt or the Acropolis in Greece. The ideals and most of the people who believe in them are long gone.

I was in London less than 24 hours before a terror attack killed two people in a Manchester synagogue. Police also killed the terrorist, a Syrian-born, 35-year-old immigrant named Jihad Al-Shamie, who they said had pledged himself to ISIS. Two innocent Jewish people are dead and a walking, talking metaphor was the cause. Jewish citizens admitted the assault was shocking but not surprising, given the rise of antisemitism in England. 

Two days later, thousands of ‘pro-Palestinians’ held a protest around Trafalgar Square. I watched police arrest a few radicals, while the crowd chanted, ‘Free Palestine.’ British Prime Minister Keir Starmer urged everyone not to protest on the Oct. 7th anniversary of the attack on Israel because he said it was ‘un-British.’ Unfortunately, it’s all too British these days. Britain has imported millions of people who hold no allegiance to its nation or its beliefs. They brought with them both a hatred of Jewish people and Western civilization. 

On Oct. 11, hundreds of thousands of ‘pro-Palestine’ protesters marched in London, shutting down streets and businesses. Even the ceasefire in Gaza didn’t satisfy them. It’s Starmer’s fault. He recognized a Palestinian state, rewarding Hamas for its barbaric assault on Israel and emboldening the protesters. 

Now, the government has to try to look good. It told universities they must ‘take stronger action to protect Jewish students,’ according to Reuters. But, a new YouGov poll says one out of five Britons holds antisemitic views. The message to Jews in England seems disturbingly similar to what it was in 1930s Germany: get out while you still can.

That is only one aspect of the failed British state. Some British people understand they had their history and culture stolen from them, but fear their government enough that they are unwilling or unable to do anything about it. One resident I met was afraid to even wear the British flag for fear of arrest. The same individual referred to England as a ‘tinder box’ that could turn into a civil war.

Those feelings aren’t surprising. A Labour Party member of the British Parliament, Jeevun Sandler, came out on Oct. 12, urging England to take down its flag from lamp posts because it was seen as ‘unwelcoming’ to immigrants. A local politician was investigated by police after she said she was ‘born and bred here.’ And a recent study from the University of Leicester’s Centre for Hate Studies complains that rural England is ‘overwhelmingly White’ and needs ‘inclusion.’ 

It’s not just politics. Canterbury Cathedral, a truly majestic monument to Christianity and Western civilization, was turned into a site for a graffiti-like art demonstration of England’s decline and fall. Christianity Today explains it as an, ‘art exhibit titled ‘Hear Us,’ which features temporary graffiti stickers that were slapped on Canterbury’s stone pillars and aim to highlight minorities while posing challenging questions to God.’ Artist Alex Vellis self describes as ‘an agender goblin-thing.’ Just the person you’d pick to decorate one of the world’s most famous religious sites.

What Vellis did is not art. It’s desecration. Thank God, I saw the cathedral just before this betrayal.

Major institutions embraced the guilt complex that causes all this. It is common for tour guides, museum employees and docents to fill their talks with leftist talking points about climate change and immigration. Many historic sites I visited were quick to demonize British history. Explorer and privateer Sir Francis Drake, who heroically defended England against the Spanish armada, is slammed as an enslaver at the very maritime museum he helped inspire.

British media is worse. The BBC is almost laughably left wing. It layered discussions of the Manchester terror attack with the typical refrain, ‘but Israel.’ Other outlets weren’t as bad, but that’s not saying much. Even commercials show the built-in biases. I saw at least 13 Unicef UK Ads on my television. Nine were about providing aid to Gaza, one more was for Yemen. There were no ads about helping Christians being genocided In Africa. Or even aiding Muslims in China or Myanmar, where they are also being persecuted. Of course, they aren’t fighting Israel in those locations.

Starmer’s many failures make him wildly unpopular and the Reform Party is polling high, looking like it could sweep future elections. The British response is to crack down even more. Rather than defend its own history and culture, the government wars against them. Already, 12,000 people are arrested each year for what they say online. 

British politician and journalist Daniel Hannan summarized these problems with the question, ‘Why are so many British leaders anti-British?’

Those problems are already here in America, they simply haven’t taken root as strongly yet. England is perhaps 10 or 20 years ahead of us. It can serve as a warning or a peek at our inevitable decline. Our campuses are filled with indoctrinated young people, ignorant of history and eager to carry whatever banner will tear down America and the West. It doesn’t matter if it’s the flag of communism or Hamas.

There are some in England who haven’t given up. But the fear is that it is too late. And looking around England, it’s hard to feel otherwise. For America, it’s not too late… yet.

This post appeared first on FOX NEWS

President Donald Trump said he believes Venezuela is ‘feeling heat’ amid his administration’s war against alleged drug boats in the Caribbean, which has taken out at least two vessels in just the past week. 

Although Trump has said the strikes are intended to curb the influx of drugs into the United States, experts and some lawmakers contend that they serve another purpose: to exert pressure on Venezuelan President Nicolás Maduro so he’s ousted from power. 

‘The Trump administration is likely attempting to force Maduro to voluntarily leave office through a series of diplomatic moves, and now military action and the threat thereof,’ Brandan Buck, a foreign policy analyst at the Cato Institute, said in an email to Fox News Digital Thursday. ‘Whether this constitutes a ‘regime change’ or something else is a question of semantics.’ 

The Trump administration repeatedly has said it does not recognize Maduro as a legitimate head of state, but instead, a leader of a drug cartel. In August, the Trump administration upped the reward for information leading to Maduro’s arrest to $50 million, labeling him ‘one of the largest narco-traffickers in the world.’

So far, the Trump administration has been tight-lipped when asked about Maduro, and Trump declined to answer Wednesday when asked if the CIA had the authority to ‘take out’ Maduro. 

However, Trump confirmed that he authorized the CIA to conduct covert operations in Venezuela, after the New York Times reported Wednesday he signed off on the move. Trump told reporters he did so because Venezuela has released prisoners into the U.S., and that drugs were coming into the U.S. from Venezuela through sea routes. 

Additionally, Trump confirmed Friday that Maduro offered to grant the U.S. access to Venezuelan oil and other natural resources, claiming the Venezuelan leader didn’t want to ‘f*** around’ with the U.S. 

Still, these recent strikes are unlikely to majorly undermine drug flow into the U.S., according to Buck. 

‘It is more likely that those strikes are part of this incremental effort to dislodge Maduro than merely an effort to wage war on the cartels,’ Buck said. ‘Pacific and overland routes through Mexico are considerably more prolific, and Venezuela itself is a relatively minor player, especially when it comes to fentanyl.’ 

The Trump administration has employed maritime forces to address drug threats, and has bolstered naval assets in the Caribbean in recent months. For example, Trump has sent several U.S. Navy guided missile destroyers to enhance the administration’s counter-narcotics efforts in the region starting in August.

Geoff Ramsey, a senior fellow at the Atlantic Council international affairs think tank, said that the Trump administration wants these additional forces to encourage the Venezuelan military to take matters into their own hands. 

‘What President Trump is hoping is that this deployment will signal to the Venezuelan military that they should rise up against Maduro themselves,’ Ramsey said in a Thursday email to Fox News Digital. ‘The problem is that we haven’t seen this approach bear fruit in twenty years of trying. Maduro is terrible at governing, but good at keeping his upper ranks fat and happy while the people starve.’

‘What is needed here is some kind of a road map, or a blueprint for a transition, that can be more attractive to the ruling party and those around Maduro who might secretly want change but need to see a future for themselves in a democratic Venezuela,’ Ramsey said. 

Meanwhile, the second Trump administration has adopted a hard-line approach to address the flow of drugs into the U.S., and designated drug cartel groups like Tren de Aragua, Sinaloa and others as foreign terrorist organizations in February.

Additionally, the White House sent lawmakers a memo Sept. 30 informing them that the U.S. is now participating in a ‘non-international armed conflict’ with drug smugglers, and has conducted at least six strikes against vessels off the coast of Venezuela. The U.S. seized survivors from the most recent strike Thursday — the first one involving survivors. At least 28 other individuals have died from previous strikes. 

Lawmakers on both sides of the aisle have voiced concerns over the legality of the strikes, and Sens. Adam Schiff, D-Calif., and Tim Kaine, D-Va., filed a war powers resolution in September to bar U.S. forces from engaging in ‘hostilities’ against certain non-state organizations.

The resolution failed in the Senate by a 51–48 margin on Oct. 8, but Republicans Rand Paul of Kentucky and Lisa Murkowski of Alaska voted alongside their Democratic counterparts for the resolution.

On Friday, Schiff, Kaine and Paul introduced another narrower war powers resolution that would block U.S. armed forces from participating in ‘hostilities’ against Venezuela specifically. The lawmakers said the resolution came in response to Trump’s comments considering land operations in Venezuela. 

‘The Trump administration has made it clear they may launch military action inside Venezuela’s borders, and won’t stop at boat strikes in the Caribbean,’ Schiff said in a statement Friday. ‘In recent weeks we have seen increasingly concerning movements and reporting that undermine claims that this is merely about stopping drug smugglers. Congress has not authorized military force against Venezuela. And we must assert our authority to stop the United States from being dragged—intentionally or accidentally—into full-fledged war in South America.’

When asked about lawmakers’ concerns about the legality of the strikes, Trump dismissed them and said that lawmakers were informed the vessels carried drugs. 

‘But they are given information that they were loaded up with drugs,’ Trump said on Tuesday. ‘And that’s the thing that matters. When they’re loaded up with drugs, they’re fair game. And every one of those ships were and they’re not ships, they’re they’re boats.’ 

The Associated Press contributed to this report. 

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Gold Fields (NYSE:GFI) has completed its AU$3.7 billion purchase of Gold Road Resources.

Gold Road rejected Gold Fields’ first acquisition proposal in March, saying it undervalued the company.

Following negotiations between the two parties, Gold Fields, through its wholly owned entity Gruyere Holdings, entered into a scheme implementation deed with Gold Road on May 5. Under the AU$3.7 billion deal, the companies agreed that Gold Road shareholders would receive fixed cash consideration of AU$2.52 per share.

‘The Scheme provides Gold Road shareholders with an opportunity to realise certain value for their Gold Road shares at a compelling premium,” said Gold Road Managing Director and CEO Duncan Gibbs at the time.

“This offer price represents a material premium to the undisturbed share price prior to the initial Gold Fields’ proposal and a material premium to longer term trading levels,’ he added.

Under the deal, Gold Fields will gain a 100 percent interest in the Gruyere project in Western Australia.

Gruyere, which the companies previously worked on together as a joint venture, currently holds an open-pit mineral resource of 6.04 million ounces, and ore reserves of 3.67 million ounces.

Its average annual gold production stands at at 350,000 ounces.

According to Gold Fields, all Gold Road shares are now owned by Gruyere Holdings. Following the scheme’s implementation, Gold Road is expected to apply to delist from the Australian Securities Exchange.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (October 17) as of 9:00 p.m. UTC.

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

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$106,495, a 1.7 percent decrease in 24 hours. Its lowest valuation of the day was US$104,747, and its highest was US$107,411.

Bitcoin price performance, October 17, 2025.

Chart via TradingView.

The Bitcoin price remains under pressure. While sizable short liquidations of both Bitcoin and Ether have provided pockets of buying relief, overall market confidence is tempered. Volatility persists, leaving the market poised for further directional cues from key upcoming earnings and economic data releases.

Ether (ETH) was priced at US$3,830.31, a 1.2 percent decrease in 24 hours. Its lowest valuation of the day was US$3,726.31, and its highest was US$3,845.65.

Altcoin price update

  • Solana (SOL) was priced at US$181.98, a decrease of 2.1 percent over the last 24 hours. Its lowest valuation of the day was US$177.43, and its highest was US$184.74.
  • XRP was trading for US$2.30, a decrease of 1.4 percent over the last 24 hours. Its lowest valuation of the day was US$2.25 and its highest was US$2.31.

Crypto derivatives and market indicators

Bitcoin derivatives metrics indicate a complex market environment with mixed signals.

While short-term buying pressure has occurred, underlying market sentiment remains bearish or neutral, with cautious trading behavior and no strong bullish conviction at this time.

Bitcoin liquidations have totaled approximately US$22.09 million in the last four hours, with short positions making up the majority, signaling a short squeeze or bullish pressure. Ether liquidations show a similar pattern, totaling US$20.86 million, the majority of which were short positions.

Futures open interest for Bitcoin has decreased by 1.56 percent to around US$70 billion, showing strong bearish sentiment. Ether futures open interest was unchanged at around US$44 billion, reflecting market neutrality.

The perpetual funding rate for Bitcoin was -0.009, and for Ether it was -0.015, indicating bearish market sentiment.

Bitcoin’s relative strength index stands at 34.05, indicating that the cryptocurrency is in a bearish/bullish/neutral momentum, phase but not yet deeply oversold.

Fear and Greed Index snapshot

CMC’s Crypto Fear & Greed Index has fallen far into fear territory, dipping to 28 on Friday from an earlier score of 32.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

Chart via CoinMarketCap.

Today’s crypto news to know

Japanese banks launch yen-backed stablecoin

A group of Japan’s largest banks, including MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank, are reportedly collaborating to launch a yen-backed stablecoin using MUFG’s Progmat platform.

The initiative aims to create an interoperable payment token for over 300,000 corporate clients. MUFG will be the first user for internal settlements. The stablecoin is expected to roll out by year end, potentially establishing Japan’s first unified bank-backed stablecoin network and accelerating crypto adoption in the region’s financial infrastructure.

Uniswap expands to Solana blockchain

Uniswap has expanded its web app to support the Solana blockchain, enabling users to trade Solana-based tokens, the platform announced in a blog post on Wednesday (October 15). This move broadens Uniswap’s reach beyond Ether, lowering transaction costs and speed for DeFi traders using Solana’s high-performance network.

Ripple adds US$1 billion to XRP treasury

Ripple will reportedly add a US$1 billion purchase of its native XRP cryptocurrency to its digital asset treasury.

Sources for Bloomberg said the treasury funds, which will be raised through a special purpose acquisition company, will be used to support Ripple’s ecosystem development, liquidity provision and strategic partnerships, reinforcing Ripple’s commitment to growing XRP’s adoption in global payments.

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

This post appeared first on investingnews.com

China has accused the US of “seriously distorting and exaggerating” Beijing’s newly expanded rare earths export controls, but signaled a willingness to hold talks before an expected meeting between US President Donald Trump and Chinese President Xi Jinping later this month.

“The US interpretation seriously distorts and exaggerates China’s measures, deliberately creating unnecessary misunderstanding and panic,” Ministry of Commerce spokesperson He Yongqian said Thursday (October 16).

According to the Global Times, he emphasized that Beijing’s restrictions are intended to protect national security and prevent the misuse of rare earths in military applications, not to destabilize global markets.

The remarks follow a sharp escalation in rhetoric between the two countries after China expanded its export controls last week to include five additional rare earth elements: holmium, erbium, thulium, europium and ytterbium.

The new rules will take effect in stages starting November 8, coinciding with the expiry of a six month trade truce between Washington and Beijing. Foreign companies that use Chinese materials or equipment to produce rare earths products will require Chinese export licenses, even if no Chinese firm is directly involved in the transaction.

Beijing has also vowed stricter scrutiny of applications tied to advanced semiconductors and defense systems, such as 14 nanometer chips and artificial intelligence used in weapons platforms.

Washington pushes back against Beijing

Top US officials have accused Beijing of attempting to weaponize its dominance in the global rare earths supply chain, which accounts for about 70 percent of global production and more than 90 percent of processing capacity.

At a press briefing on Wednesday (October 15), US Trade Representative Jamieson Greer called China’s new measures a “global supply chain power grab” and warned that Washington and its allies “would not accept the restrictions.”

However, he also said China has not yet implemented the full regulatory system and suggested there is still room to de-escalate. “These are drafted, or in draft, so it’s quite real,” Greer said.

“But our expectation is that they won’t implement this, and that we’ll be able to be back to where we were a week ago, where we had the tariff levels we’ve agreed to and the flow of rare earths that we agreed to.”

Secretary of the Treasury Scott Bessent echoed the sentiment, telling CNBC that the Trump administration does not want to further inflame tensions, but will act decisively if Beijing moves forward with its restrictions.

“When we get an announcement like this week with China on the rare earths, you realize we have to be self-sufficient, or we have to be sufficient with our allies,” Bessent said.

He also accused China of using its dominance in rare earths refining and processing to slash prices and drive foreign competitors out of the market. Trump has threatened to impose 100 percent tariffs on Chinese goods starting on November 1 — or sooner — if Beijing moves ahead with the export controls.

Despite the mounting friction, both sides remain committed to a scheduled meeting between Trump and Xi in South Korea later this month, highlighting the indispensable nature of rare earths to modern industry.

They are used in electric vehicles, wind turbines, smartphones and, crucially, in US military systems such as F-35 fighter jets, Tomahawk missiles and Predator drones. Each F-35 is estimated to require more than 400 kilograms of rare earths for its stealth coatings, motors and radar systems.

US eyes new critical minerals sources

In response to China’s dominance, Washington has ramped up efforts to secure alternative sources of critical minerals.

The Department of Defense earlier this year struck a deal with MP Materials (NYSE:MP), the largest US rare earths producer. It includes an equity stake, a price floor and an offtake deal to guarantee supply for defense applications.

Separately, the Trump administration is reportedly exploring a potential investment in Critical Metals (NASDAQ:CRML), a US-listed firm developing Greenland’s vast Tanbreez rare earths deposit.

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

This post appeared first on investingnews.com

Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the ‘Company’ or ‘Bold’) is pleased to highlight news from the area of its Burchell Gold and Copper Property (‘Burchell’ or the ‘Property’), while anticipating channel sampling results from its recent mechanical stripping program at Burchell. Nearly 300 channel samples are currently being analyzed, with sampling ongoing.

Gold X2 Mining Inc. (‘Gold X2’), which holds the Moss Project adjoining Burchell to the west, recently announced a definitive agreement to acquire Kesselrun Resources Ltd. (GoldX2 October 1, 2025 news release), their neighbour to the west where they have recently been exploring the Huronian Gold Project. The acquisition reflects Gold X2’s strategy of consolidating their land position in the western portion of the Shebandowan Greenstone Belt. See Map of Land Positions and Major Showings for locations of these land positions relative to the Burchell Property.

Bold Management shares the belief in the district’s significant potential for new discoveries. During the past summer, Bold identified a 2.9 km trend of gold mineralization in rock sampling (Bold September 11, 2025 news release). Following this, the exploration team has recently exposed and sampled bedrock in 8 different locations along a 900-meter portion of this ‘111 Gold Trend.’ All 8 stripped areas have never been explored in the past, demonstrating the untapped potential of the area and the Burchell claim group.

Gold X2 also recently announced the delineation of a 5 km trend of gold mineralization south of the Moss Trend, outlining several targets which mirror the geochemical and geophysical fingerprints of the Moss Gold Deposit (Gold X2 October 16, 2025 news release). Based on this interpretation, it appears that the anomalous in gold Deaty Trend strikes northeast towards the Burchell Gold and Copper Project boundary. The southwest end of the 111 Gold Trend is located within 800 m of the west boundary, where a new gold showing named the ‘Moosehead Zone’ was identified earlier in the summer, hosted in sheared quartz feldspar porphyry, with one grab sample returning 371 ppb Au (see Bold’s September 11, 2025 news release). Further north of the Moosehead Zone, historic trenches have reportedly yielded a chip sample of 42.2 g/t Au over 0.6 meters (Osmani 2017), approximately 600 meters from the western property boundary. The Hermia Copper Prospect is located approximately 900 m from the Burchell west boundary. See Map of Land Positions and Major Showings. While the results of the Gold X2 work adjacent to Burchell is very encouraging it does not indicate that the same conditions exist within the Burchell claims.

Bruce MacLachlan, President and COO of Bold, commented, ‘The activity by Gold X2 and our own exploration programs this year mark an exciting new era for the western Shebandowan Greenstone Belt, especially with gold prices surging to all-time highs. We are anticipating results from our channel sampling program and our next step will be to prepare for a drill program.’

The Hermia Cu Prospect – Located in the western part of the property, hosted in a zone of deformed felsic to mafic volcanics containing Cu mineralization associated with minor Au, Ag, Mo, Zn and Ni. Historical diamond drilling was carried out over a strike length of 2.8 km from 1964 to 2008. Intersections in core include 0.8% Cu over 4.3 m, 0.25% Cu over 51.9 m, and 1.68 g/t Au over 1.45 m (Ontario Assessment File Database). See Map of Hermia Copper Trend (from Osmani 2017).

A diamond drilling data compilation is currently ongoing for the Burchell Property, which will inform the next steps for exploring the Hermia Cu Prospect, which to date hosts the most significant copper mineralization on the property.

Ring of Fire Optimism:

Bold Ventures would like to draw attention to the recent CIM Northern Luncheon in North Bay, an event drawing together mining professionals, where the topic of the Ring of Fire sparked optimism for future opportunities. Bold is pleased to see support for the development of the critical mineral projects in this strategically important district.

Bold’s Koper Lake Project in the Ring of Fire:

Bold holds a 10% carried interest (through to production) in the Black Horse Chromite NI 43-101 Inferred Resource of 85.9 Mt grading 34.5% Cr2O3 at a cut-off of 20% Cr2O3 (KWG Resources Inc., NI 43-101 Technical Report, Aubut 2015). Bold also holds a 40% working interest in all other metals found within the Koper Lake Project and has a Right of First Refusal on a 1% NSR covering all metals found within the claim group.

Other news:

Bold Ventures also announces the acquisition of 8 new claims adjoining its Joutel project in Québec. The new claims cover an additional VTEMTM anomaly identified by Bold’s 2011 airborne survey. The project now comprises 49 claims covering 2714 hectares.

The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company’s V.P. of Exploration and a qualified person (QP) for the purposes of NI 43-101.

References:

Osmani, A., 2017. NI 43-101 Technical Report on the Burchell Lake Property, Northwestern Ontario, Thunder Bay Mining District, NTS 52B/10SE, for Tanager Energy Inc.

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold Critical and Battery Minerals page.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects, please visit boldventuresinc.com or contact us at 416-864-1456, or email us at info@boldventuresinc.com.

‘Bruce A MacLachlan’
Bruce MacLachlan
President and COO
‘David B Graham’
David Graham
CEO

 

Direct line: (705) 266-0847

Email: bruce@boldventuresinc.com

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 Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271043

News Provided by Newsfile via QuoteMedia

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Trading resumes in:

Company: Cardiol Therapeutics Inc.

TSX Symbol: CRDL

All Issues: Yes

Resumption (ET): 8:00 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada..

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

View original content: http://www.newswire.ca/en/releases/archive/October2025/20/c1710.html

News Provided by Canada Newswire via QuoteMedia

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(TheNewswire)

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

Vancouver, British Columbia TheNewswire – October 20th, 2025 Prismo Metals Inc. (the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce a non-brokered private placement (the ‘ Private Placement ‘) of 12.5 million units of the Company (‘ Units ‘) at an issue price of $0.10 per Unit for minimum gross proceeds of $1,250,000. Each Unit will consist of one common share in the capital of the Company (a ‘ Share ‘) and one-half of one common share purchase warrant of the Company (each whole warrant, a ‘ Warrant ‘). Each Warrant will entitle the holder to purchase one Share for a period of thirty-six (36) months from the date of issue at an exercise price of $0.175. The Warrants will contain an accelerated expiry clause (the ‘ Acceleration Clause ‘). Pursuant to the Acceleration Clause, if the Shares of the Company close at or above $0.25 for ten (10) consecutive trading days on the Canadian Securities Exchange (‘ CSE ‘), then the Company may accelerate the expiry date of the Warrants by issuing a news release announcing the accelerated Warrant term, pursuant to which the Warrants will expire on the 30th calendar days after the date of such news release.

The Company intends to use the net proceeds of the Private Placement primarily for drilling at its Silver King project and for general corporate purposes . In August 2025, Prismo submitted a plan of operations for the drill program with the Forest Service in Arizona. The first phase of drilling at Silver King will consist of a minimum of 1,000 meters.

Dr. Craig Gibson, Chief Exploration Officer of Prismo commented: ‘This first phase is designed to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potentially mineralization adjacent to the dense stockwork that was the focus of historic mining. Follow up drilling will expand on the initial program based on the results and may include separate targets outside of the historic mining area, such as the polymetallic vein mentioned above. The discovery of the two mineralized veins and porphyry style mineralization has resulted in Prismo evaluating a larger drill program to test those targets.’

Dr. Gibson added: ‘We have also received the overlimit assays for silver for four samples from the Ripsey mine, which range from 132 to 224 g/t Ag. These results confirm the high-grade nature of the mineralization along the Ripsey vein, exposed at the surface and in underground workings over about 600 meters along strike.’


Click Image To View Full Size

Figure 1. Proposed drill pads for the Silver King project in the process of being permitted.

Figure 2 . Cross section through the Silver King mine workings showing proposed drill holes (in black) to test the pipelike mineralized body (in red)

The Private Placement will also be made available to existing shareholders of the Company who, as of the close of business on October 18th, 2025, held Shares (and who continue to hold such Shares as of the closing date of the Private Placement), pursuant to the existing securityholder exemption set out in BC Instrument 45-534 – Exemption From Prospectus Requirement for Certain Trades to Existing Security Holders (the ‘ Existing Securityholder Exemption ‘). The Existing Securityholder Exemption limits a shareholder to a maximum investment of CAD$15,000 in a 12-month period unless the shareholder has obtained advice regarding the suitability of the investment and, if the shareholder is resident in a jurisdiction of Canada, that advice has been obtained from a person that is registered as an investment dealer in the jurisdiction. If the Company receives subscriptions from investors relying on the Existing Securityholder Exemption exceeding the maximum amount of the Private Placement, the Company intends to adjust the subscriptions received on a pro-rata basis.

The Units issued pursuant to the Private Placement, and the Existing Securityholder Exemption will be subject to a four-month hold period from the closing date of the Private Placement under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

The Company may pay finder’s fees to eligible finders in connection with the Private Placement, subject to compliance with applicable securities laws and Canadian Securities Exchange policies.

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

Ripsey Gold Project Overlimit Assay Results

The Company has also received the overlimit assays for silver for four samples from the Ripsey mine, ranging from 132 to 224 g/t Ag, announced October 16, 2025 (Table 1).  These results confirm the high-grade nature of the mineralization along the Ripsey vein, exposed at the surface and in underground workings over about 600 meters along strike.

Table 1. Assay results for samples taken of the Ripsey vein

Sample

Location

Easting

Northing

Width m

Au g/t

Ag g/t

Cu %

Pb %

Zn %

544101

East surface

502,639

3,651,725

1.5

2.98

60.40

1.62

0.01

0.23

544102

East surface

502,679

3,651,748

0.5

0.02

1.80

0.79

1.56

544103

East surface

502,745

3,651,782

1.0

0.79

3.82

0.24

0.24

544104

East tunnel

0.6

14.7

214

3.28

0.42

3.26

544105

East tunnel

0.7

3.24

82.39

1.69

0.21

5.11

544106

East tunnel

0.6

3.14

132

3.46

0.36

6.52

544107

East tunnel

0.8

3.05

223

4.85

0.71

7.83

544108

East tunnel

0.75

1.42

68.10

.30

0.16

3.39

544110

Main stope

502,320

3,651,688

1.5

2.66

57.53

.37

0.01

0.18

544111

Main stope

502,309

3,651,688

0.4

0.06

1.36

544112

Main shaft

502,288

3,651,688

0.75

14.6

148

0.60

0.20

0.18

544113

Vein HW

502,250

3,651,677

0.75

0.75

42.50

0.17

0.10

544114

Vein FW

502,250

3,651,677

0.75

0.11

5.10

544115

East Shaft

502,420

3,651,693

1.5

1.19

18.57

0.11

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release. Other than the sampling conducted by Dr. Craig Gibson as indicated herein, the data presented in this press release was obtained from public sources, should be considered incomplete and is not qualified under NI 43-101, but is believed to be accurate. The Company has not verified the historical data presented and it cannot be relied upon, and it is being used solely to aid in exploration plans.

About the Silver King

Discovered in 1875, the Silver King mine was one of Arizona s most important historic producers, yielding nearly 6 million ounces of silver at grades of up to 61 oz/t.  The Silver King mine sits only 3 km from the main shaft of the Resolution Copper project — a joint venture between Rio Tinto and BHP and one of the world s largest unmined copper deposits with an estimated copper resource of 1.787 billion metric tonnes at an average grade of 1.5% copper (1) . The unique land position is fully surrounded by Resolution Copper s claim block, offering strategic upside. Selected samples from small-scale production in the late 1990s returned grades as high as 644 oz/t silver (18,250 g/t) and 0.53 oz/t gold (15 g/t), indicating that high-grade mineralization remains.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates’, or  variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Silver King.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund the drilling campaign at Silver King and the timing of such drilling campaign.

Although management of the Company has 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. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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