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Senators are not thrilled with a top White House official’s comments that the government funding process should become more partisan, and fear that doing so could erode Congress’ power of the purse.

Office of Management and Budget Director Russ Vought told reporters during a Christian Science Monitor Breakfast Thursday morning that he believed ‘the appropriations process has to be less bipartisan.’

His sentiment came on the heels of Senate Republicans advancing President Donald Trump’s $9 billion clawback package, which would cancel congressionally approved funding for foreign aid and public broadcasting, just a few hours before.

Unlike the hyper-partisan bills that have dominated the Senate’s recent agenda, including the rescissions package and the president’s ‘big, beautiful bill,’ the appropriations process is typically a bipartisan affair in the upper chamber.

That is because, normally, most bills brought to the floor have to pass the Senate’s 60-vote threshold, and with the GOP’s narrow majority, Senate Democrats will need to pass any spending bills or government funding extensions to ward off a partial government shutdown.

Senate Majority Leader Chuck Schumer, D-N.Y., who alluded to issues down the line with the appropriations process if Republicans advanced Trump’s resicssions package, took a harsh stance against Vought. 

‘Donald Trump should fire Russell Vought immediately, before he destroys our democracy and runs the country into the ground,’ Schumer said. 

Members of the Senate Appropriations Committee also did not take kindly to Vought’s comments.

‘I think he disrespects it,’ Sen. Lisa Murkowski, R-Alaska, said. ‘I think he thinks that we are irrelevant, and I wish I had actually heard the speech, because, you know, again, everything in context.’

‘But you have to admit that when you look at the quotes that are highlighted in the story this morning, it is pretty dismissive of the appropriations process, pretty dismissive,’ she continued.

Vought has no intention of slowing the rescissions train coming from the White House, and said that there would be more rescissions packages on the way.

He noted another would ‘come soon,’ as lawmakers in the House close in on a vote to send the first clawback package to the president’s desk.

‘There is no voter in the country that went to the polls and said, ‘I’m voting for a bipartisan appropriations process,’’ Vought said. ‘That may be the view of something that appropriators want to maintain.’

Both Murkowski and Senate Appropriations Chair Susan Collins, R-Maine, voted against the rescissions package, and warned of the cuts to public broadcasting, lack of transparency from the OMB and the possible effect it could have on legislating in the upper chamber.

‘I disagree with both those statements,’ Collins said of Vought’s push for a more partisan appropriations process. ‘Just as with the budget that the President submitted, we had to repeatedly ask him and the agencies to provide us with the detailed account information, which amounts to 1000s of pages that our appropriators and their staff meticulously review.’

Fox News Digital reached out to the OMB for comment. 

Vought’s comments came at roughly the same time as appropriators were holding a mark-up hearing of the military construction and veterans’ affairs and Commerce, Justice and Science spending bills.

Sen. Patty Murray, the top Democrat on the Senate Appropriations Committee, said during the hearing that Senate Republicans coalescing behind the rescissions package would only make hammering out spending bills more difficult, and argued that ‘trust’ was at the core of the process.

‘That’s part of why bipartisan bills are so important,’ she said. ‘But everyone has to understand getting to the finish line always depends on our ability to work together in a bipartisan way, and it also depends on trust.’

Other Republicans on the panel emphasized a similar point, that, without some kind of cooperation, advancing spending bills would become even more challenging.

Sen. John Hoeven, R-N.D., said that finding ‘critical mass’ to move spending bills was important, and warned that people have to ‘quit saying it’s gotta just be my way or the highway,’ following threats Schumer’s threats last week that the appropriations process could suffer should the rescissions package pass. 

‘People better start recognizing that we’re all gonna have to work together and hopefully get these [appropriations] bills to the floor and see what we can move,’ he said. ‘But if somebody just sits up and says, ‘Oh, because there’s a rescission bill, then I’m not going to work on Appropriations,’ you can always find an excuse not to do something. Let’s figure out how we can work forward.’

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A top former Biden administration aide invoked the Fifth Amendment during her closed-door deposition with the House Oversight Committee on Friday, Fox News Digital was told.

Annie Tomasini becomes the third Democratic ex-official to stonewall investigators looking into whether signs of former President Joe Biden’s alleged mental decline were covered up by his inner circle.

The former White House deputy chief of staff was seen entering the committee room in under an hour, saying nothing to reporters either time.

A source familiar with the discussions told Fox News Digital that she invoked the Fifth Amendment multiple times, which likely is what led to the hasty meeting.

Tomasini is the third ex-Biden administration official to come before committee investigators under subpoena, and the fifth to appear overall.

She was meant to appear Friday for a voluntary transcribed interview, but a committee aide previously told Fox News Digital that Tomasini’s lawyers had asked House Oversight Committee Chairman James Comer, R-Ky., to issue a subpoena specifically.

Both prior officials who appeared under subpoena – ex-White House physician Kevin O’Connor and Anthony Bernal, a longtime aide to ex-First Lady Jill – also invoked the Fifth Amendment.

Comer is investigating allegations that Biden’s former top White House aides covered up signs of his mental and physical decline while in office, and whether any executive actions were commissioned via autopen without the president’s full knowledge. Biden allies have pushed back against those claims.

In an interview with The New York Times on Thursday, Biden affirmed he ‘made every decision’ on his own.

But Republicans have repeatedly accused those who have pleaded the Fifth Amendment so far of intentionally hiding critical information about the former president, even as their attorneys argue it is not an admission of guilt.

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Israel’s military strikes in Syria this week — launched in response to atrocities against the Druze minority — represent a strategic turning point in a deeper power struggle that now entangles Iran, Turkey, Israel, Saudi Arabia and the U.S., according to regional analysts.

Just days ago, speculation swirled about a potential normalization agreement between Israel and Syria — a breakthrough quietly brokered by U.S. officials, but that fragile prospect has been swiftly overtaken by violence, as Israeli airstrikes this week struck near Damascus.

A ceasefire agreement between Druze factions and the Syrian government, announced July 16, was meant to calm days of deadly clashes, but it remains tenuous and largely unenforced, with sporadic fighting continuing and tensions running high.

‘For the Druze in Israel, what’s happening in southern Syria feels like October 7 all over again,’ said Avner Golov, vice president of the Israeli think tank Mind Israel. ‘Israel can no longer treat Syria as just a neighboring crisis. It’s now a domestic one.’

In a rare scene, Israeli Druze citizens crossed the border into Syria to support their embattled relatives — prompting a stern warning from Prime Minister Benjamin Netanyahu.

‘My Druze brothers, citizens of Israel… Do not cross the border,’ Netanyahu said. ‘You are putting your lives at risk — you could be killed, you could be kidnapped — and you are harming the IDF’s efforts. Let the IDF do its job.’

In his first televised address since the Israeli strikes, Syrian transitional President Ahmed al-Sharaa framed the Israeli intervention as a destabilizing act.

‘Government forces deployed to Suweida succeeded in restoring stability and expelling outlawed factions despite the Israeli interventions,’ he said, warning that the strikes led to ‘a significant complication of the situation’ and ‘a large-scale escalation.’ He insisted that protecting the country’s Druze minority was a top priority and declared that Syrians ‘are not afraid of war.’

Within Israel, the collapse of order in Syria has triggered sharp debate. Some policymakers argue for supporting Sharaa as an anti-Iranian strongman, while others advocate broader military action to create a buffer zone in southern Syria. Golov supports a middle course: conditional strikes paired with demands for Druze autonomy and accountability for war crimes.

‘If Sharaa shows he’s willing to punish those responsible for the massacre and agree to Druze autonomy, then Israel can gradually work with him,’ Golov told Fox News Digital.

He also called for a regional diplomatic effort to stabilize Syria. ‘We need a regional summit — the U.S., Saudi Arabia, even Turkey, and Israel’ he said. ‘Bring positive forces into Syria and use Israeli military power not just tactically, but to gain diplomatic leverage.’

‘There’s a temptation to miss the victory lap,’ said Behnam Taleblu, senior director of the Iran Program at the Foundation for Defense of Democracies (FDD). ‘Rather than see Syria through the prism of competition with Turkey, Israel should first see it through the prism of diminished competition with Iran. That in itself is a huge achievement.’

Turkey: Alarmed, but invested

While Iran’s position has weakened, Turkey has quietly expanded its footprint in Syria by backing the al-Sharaa government. 

Turkey’s strategic interest in Syria, Sinan Ciddi, a senior fellow at FDD and director of the Turkey program, explained, is to fill the vacuum left by Iran with its own political and economic influence — using al-Sharaa regime as a conduit. ‘Turkey has a lot riding on al-Sharaa success,’ he said. ‘They’d like to see increased trade, the reconstruction of Syria through al-Sharaa. They want to use him as a means to influence the region politically.’

However, Israel’s military response has triggered alarm in Ankara.

‘Turkey is not in a position to militarily challenge Israel — it would be a disaster,’ said Ciddi. ‘They’re talking tough, but they’re deeply concerned.’

Ciddi emphasized that Turkey’s aging military hardware and lack of air defense leave it highly exposed. Yet, Turkey is deeply invested in al-Sharaa political survival, hoping to leverage him for influence and economic ties in post-war Syria.

A direct clash between Turkey and Israel, Ciddi warned, would ‘result in a diplomatic fiasco… and require the United States and European countries to step in as mediator.’

Iran: Watching, waiting, and ready to return

Even as Israel dismantled key parts of Iran’s military infrastructure in Syria, Tehran remains a long-term threat. Taleblu said Iran is now lying in wait — ready to exploit missteps by others.

‘This is a regime that capitalizes on the mistakes of others,’ he said. ‘They don’t need to win outright — they just need everyone else to lose.’

Tehran is betting that the region’s rival powers — Turkey, Israel, the U.S. and the Gulf — will overplay their hands, allowing Iran to reenter through proxies, sectarian militias, or diplomatic manipulation.

The United States: Pulled back in

Though President Trump recently said Syria’s internal affairs are ‘not our war,’ his administration’s tone has shifted. Secretary of State Marco Rubio called for de-escalation, and regional partners are urging a clearer U.S. role.

‘Real success will come from creating contingencies,’ Taleblu said. ‘What are the costs if Syria collapses? What if Turkey overreaches, or Israel overextends? What if Iran comes back? The states that prepare for these questions.’

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Former Biden administration staffer Annie Tomasini is on Capitol Hill Friday after being subpoenaed by House Oversight Committee Chairman James Comer, R-Ky.

She did not say anything to reporters on her way into her closed-door deposition with investigators.

Tomasini, former Assistant to the President and Deputy Chief of Staff for ex-President Joe Biden, was previously scheduled to appear for a voluntary transcribed interview on Friday.

A committee aide told Fox News Digital earlier this week that Tomasini’s counsel requested the subpoena, but did not say why. 

She is the third ex-Biden administration aide to come under subpoena in Comer’s probe in recent weeks.

Comer is investigating allegations that Former President Joe Biden’s former top White House aides covered up signs of his mental and physical decline while in office, and whether any executive actions were commissioned via autopen without the president’s full knowledge. Biden allies have pushed back against those claims.

In an interview with The New York Times on Thursday, Biden affirmed he ‘made every decision’ on his own.

Just before Tomasini, House investigators heard from Anthony Bernal, a longtime aide to ex-first lady Jill Biden. 

Bernal pleaded the Fifth Amendment on all questions about Biden and was out of the committee room less than an hour after going in.

Lawmakers are largely not expected to attend the closed-door deposition, which is traditionally staff-led.

Comer has been to several so far, and progressive firebrand Rep. Jasmine Crockett, D-Texas, has made surprise appearances as well.

CNN anchor Jake Tapper and Axios political correspondent Alex Thompson revealed in their book, ‘Original Sin,’ that Tomasini and Bernal ‘loaded a written Q&A into a prompter ahead of a local interview – a document that the campaign had used in prep with Biden.’

Tomasini and Bernal brought out the teleprompter as his aides were trying to soften his blunders as Biden struggled to stay on message, according to the book. But the teleprompter fiasco became an easy attack line throughout Biden’s re-election campaign, as President Donald Trump ‘weaved’ through his myriad unscripted moments.

The book described how Tomasini and Bernal grew closer to Biden during the pandemic, eventually becoming Joe and Jill Biden’s most trusted aides. 

Tapper and Thompson describe the ‘intensely loyal’ duo – Tomasini and Bernal – as taking on an ‘older-brother-and-little-sister vibe’ among Biden’s inner circle.  

Bernal and Tomasini later took on some of the residence staffers’ roles in the White House. Tapper and Thompson said the aides ‘had all-time access to the living quarters, with their White House badges reading ‘Res’ – uncommon for such aides.’

‘The significance of Bernal and Tomasini is the degree to which their rise in the Biden White House signaled the success of people whose allegiance was to the Biden family – not to the presidency, not to the American people, not to the country, but to the Biden theology,’ the authors wrote. 

A source familiar with the Biden team’s thinking called House Republicans’ probe ‘dangerous’ and ‘an attempt to smear and embarrass.’

‘And their hope is for just one tiny inconsistency between witnesses to appear so that Trump’s DOJ prosecute his political opponents and continue his campaign of revenge,’ the source said.

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President Donald Trump late Thursday directed Attorney General Pam Bondi to work on releasing grand jury transcripts in the case of Jeffrey Epstein. 

It’s unclear exactly when any testimony may go public. The Justice Department is expected to file Friday asking a judge to unseal transcripts.

The order came after a barrage of criticism against the Trump administration following the release of a joint DOJ-FBI memo that concluded there was no evidence that the disgraced financier had blackmailed powerful people, kept a client list or was killed while in jail. 

The memo has created deep fissures among Trump supporters who have complained of a lack of transparency from the administration. A source told Fox News Digital that FBI Deputy Director Dan Bongino had been considering resigning over the matter, though he has not stated anything publicly. 

The president, meanwhile, has pushed back at the criticism, calling the charges a ‘hoax’ and contending that his supporters are being ‘duped’ by Democrats. Trump posted to Truth Social on Friday morning, ‘If there was a ‘smoking gun’ on Epstein, why didn’t the Dems, who controlled the ‘files’ for four years, and had [then-Attorney General Merrick Garland] and [then-FBI Director James Comey] in charge, use it? BECAUSE THEY HAD NOTHING!!!’

Before joining the Trump administration, Bondi was among the staunchest advocates for releasing the Epstein list, telling Fox News’ Sean Hannity in 2024: ‘It should have come out a long time ago.’ 

The Justice Department released a new batch of Epstein files in February, but the documents revealed no new revelations in the case. Many of the documents had already been released during the federal criminal trial of Epstein’s associate, British socialite Ghislaine Maxwell. 

Trump has defended Bondi over the latest fallout, telling reporters earlier this week: ‘She’s handled it very well, and it’s going to be up to her, whatever she thinks is credible she should release.’ 

On Thursday, Trump said he had directed Bondi to release all ‘pertinent’ transcripts on the case.   

‘Based on the ridiculous amount of publicity given to Jeffrey Epstein, I have asked Attorney General Pam Bondi to produce any and all pertinent Grand Testimony, subject to Court approval,’ Trump wrote on Truth Social late Thursday. ‘This SCAM, perpetuated by the Democrats, should end, right now!’ 

Bondi said her team was ‘ready to move the court tomorrow to unseal the grand jury transcripts.’ 

Epstein, a 66-year-old millionaire financier with a private island in the U.S. Virgin Islands, died in federal custody in August 2019 while awaiting trial on sex trafficking charges. 

Fox News Digital’s Rachel Wolf and Ashley Oliver contributed to this report.

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Investor Insight

With a fully permitted, high-grade gold project, established infrastructure and first gold production on the horizon, Maritime Resources is set to become Atlantic Canada’s next gold producer, positioning the company for significant re-rating and long-term growth.

Overview

Maritime Resources (TSXV:MAE) is a Canadian gold development company focused on generating near-term cash flow from the Hammerdown gold project, a high-grade past-producer in the prolific Baie Verte mining district of Newfoundland & Labrador. The project is fully permitted, de-risked and shovel-ready, with construction underway and first ore deliveries to the Pine Cove Mill expected in late summer to early fall 2025.

Hammerdown project site

Hammerdown benefits from significant infrastructure synergies, including proximity to paved roads, power, ports and Maritime’s wholly owned Pine Cove processing facility. Unlike many greenfield developers, Maritime is executing a bootstrap production model that leverages its installed infrastructure and local skilled labor to reduce costs, minimize risk and accelerate value creation through short term cash flow generation during a period of record high gold prices

Longer term, the company plans to build out a 100,000 oz/year production platform by incorporating nearby deposits (Orion, Stoger Tight, Deer Cove) and utilizing its idle 700 tpd Nugget Pond gold plant. Maritime’s regional land package includes more than 435 sq km of highly prospective ground with gold, VMS, and porphyry-style mineralization potential.

Company Highlights

  • Near-term Gold Production: First production targeted for H2/2025 from the fully permitted Hammerdown open pit project.
  • High-grade Gold Reserves: 1.9 Mt at 4.46 g/t gold (272 koz) proven and probable reserves support initial 35,000-45,000 oz/year production.
  • Low-CAPEX Startup: Initial capital estimated at C$15 to $20 million, among the lowest in the sector for a new mine, leveraging Maritime’s fully operational Pine Cove mill
  • Owned Processing Infrastructure: Pine Cove Mill (1,300 tpd, operational) and the Nugget Pond gold plant (700 tpd CIP circuit, on standby).
  • Exploration Upside: 435 sq km land package includes multiple brownfield and greenfield targets proximal to infrastructure.
  • Institutional Backing: Strong support from Dundee Corporation, Eric Sprott and other institutions.
  • Local Workforce Advantage: Fully staffed Pine Cove Mill with 100 percent local residents

Key Projects

Hammerdown Gold Project

The Hammerdown gold project is Maritime’s flagship asset and is strategically located near the town of King’s Point in the Baie Verte mining district of Newfoundland and Labrador. A past-producing, high-grade deposit formerly operated by Richmont Mines, Hammerdown is being redeveloped as a shallow open-pit operation. The project hosts proven and probable reserves of 1.89 million tonnes at an average grade of 4.46 grams per ton (g/t) gold for 272,000 oz of contained gold, making it one of the highest grade open pit projects in North America

A feasibility study completed in 2022 outlined annual production of approximately 50,000 oz over a 5-year mine life, with attractive economics including a pre-tax NPV (5 percent) of US$251 million at a gold price of US$2,500/oz and an all-in sustaining cost (AISC) of US$912/oz. Since then Maritime has taken steps to de-risk the project including acquiring the Pine Cove mill, allowing for significant savings in capital costs compared to using the Nugget Pond mill.

The processing plan entails crushing ore on site and trucking it approximately 130 km to the Pine Cove Mill. Maritime has completed all major permitting for the project, and construction began in spring 2025 with pre-stripping, civil works and crushing infrastructure installation. The company completed more than 8,750 meters of tight-spaced (10×10 meters) grade control drilling, confirming excellent continuity and high-grade intercepts such as 24.5 g/t gold over 13.9 meters, including 42.2 g/t over 8.0 meters. First gold production is expected in late summer to early fall 2025, with ramp-up to 700 tpd mill feed supported by the fully operational Pine Cove Mill.

Pine Cove Mill

Pine Cove gold pour

Located near Baie Verte, the Pine Cove Mill is a 1,300-ton-per-day gold processing facility recently brought back online after two years of care and maintenance. The mill flowsheet includes crushing, grinding, flotation, regrinding of the float concentrate and Merrill-Crowe leaching circuits for gold doré production. The facility will be upgraded with a new 500 hp regrind circuit (replacing a 150 hp unit), a ball mill inching drive, and an enhanced material handling system to optimize recovery and reliability. The site also includes a large in-pit tailings storage facility, existing waste dump capacity, and access to a deepwater port. Pine Cove has already produced 700oz of gold from processing low grade mineralized stockpiles from around the site. The mill is now preparing to receive and process feed from Hammerdown, with full integration scheduled for H2/2025.

Nugget Pond Gold Circuit

Nugget Pond Gold Circuit

Maritime also owns the 700 tpd carbon-in-pulp (CIP) gold circuit at the Nugget Pond Plant, located 40 km east of Pine Cove. Although currently idle, this plant represents a key component of Maritime’s long-term production strategy to scale toward 100,000 oz per year. The plant is fully configured for gold recovery and is well-positioned to process feed from future regional deposits or third-party toll milling. Maritime’s envisions Nugget Pond operating as a second production hub, enabling parallel processing capacity as the company develops additional deposits in the district.

Stoger Tight and Deer Cove Projects

Located within 10 km of the Pine Cove Mill, Stoger Tight and Deer Cove are advanced-stage deposits with near-term development potential. Stoger Tight hosts a historical NI 43-101 resource of 642,000 tons grading 3.02 g/t gold for 62,300 oz (indicated), with an additional 53,000 tons at 5.63 g/t for 9,600 oz (inferred). It is partially permitted and has the potential to become a satellite source of ore for Pine Cove.

Deer Cove is a high-grade system discovered by Noranda, featuring 500 meters of historic underground development. Recent drill results include 6.9 g/t over 25.1 meters, including 26.1 g/t over 3.6 meters. Stockpiles of 4,275 tons at 3.1 g/t gold have been identified. Both projects benefit from road access and proximity to infrastructure, making them ideal candidates for phased development and integration into Maritime’s hub-and-spoke production model.

Green Bay, Whisker Valley and El Strato Exploration Projects

Maritime’s broader exploration portfolio includes more than 435 sq km of prospective ground in the Baie Verte district, encompassing gold, copper, VMS and porphyry-style targets. The Green Bay project includes the Orion deposit, a near-surface gold target located along strike from Hammerdown. Whisker Valley is an epithermal gold system with porphyry potential, returning 6.2 g/t gold over 5.8 meters in previous drilling. El Strato hosts one of the highest-grade soil and bedrock anomalies in Newfoundland, with gold values up to 200 g/t in outcrop. Additionally, the Black Ridge VMS target features grab samples grading up to 12.6 g/t gold, 181 g/t silver, and 11.8 percent copper. These regional assets offer significant blue-sky potential and provide a robust pipeline of targets that could be developed and processed through Maritime’s existing infrastructure.

Management Team

Garett Macdonald – President and CEO

Garett Macdonald is a mining engineer with over 30 years of experience in mine development, engineering and operations. Former VP operations at Rainy River Resources, where he advanced the 8 Moz Rainy River project to construction prior to its $310-million sale to New Gold. He also served as VP project development at JDS Mining, leading the Curraghinalt feasibility study (+5 Moz gold), and held technical and management roles at Placer Dome, Teck and Suncor Energy.

Germaine M. Coombs – CFO and Corporate Secretary

A chartered accountant with more than three decades of financial leadership in the mining sector, Germaine M. Coombs is the former CFO of Aurelius Minerals and Stonegate Agricom, and former corporate controller at FNX Mining and the Iron Ore Company of Canada.

Perry Blanchard – VP, Environment & Sustainability

Perry Blanchard brings over 25 years of experience in health, safety and environmental leadership across major Canadian mining projects. Blanchard previously managed permitting and sustainability at Detour Gold’s flagship mine and Vale’s Voisey’s Bay operations.

Peter Goudie – Hammerdown Operations Manager

Peter Goudie is a veteran operations leader with over 35 years of experience in mining and contracting, including roles with Guy J. Bailey and Shoreline Aggregates. He manages day-to-day operations at the Hammerdown project, with deep knowledge of logistics, mobile equipment and site execution in Newfoundland’s mining sector.

Dwight Goudie – Pine Cove Mill Manager

Dwight Goudies is a mill operations specialist with over 40 years of metallurgical and processing experience at gold and base metal mines across Newfoundland and Labrador. He is the former mill manager at FireFly Metals and Rambler Metals & Mining’s Nugget Pond facility, and currently oversees all operations at the Pine Cove Mill.

Billy Grace – Chief Engineer

A mining engineer with more than 15 years of experience in mine engineering, project management and consulting, Billy Grace is the former general manager at Aureus Gold, and technical services manager at Newmont’s Musselwhite mine. He also worked at Golder Associates and Mining Plus.

Larry Pilgrim – Project Manager, Newfoundland Properties

Larry Pilgrim is an exploration geologist with more than 45 years of experience in Newfoundland. He is the former chief geologist at Richmont Mines and Rambler Metals, where he helped delineate the original underground reserves at Hammerdown and served as chief geologist during mine operations. He has been leading exploration activities for Maritime since 2018.

Eric Tremblay – Technical Advisor Mining

Eric Tremblay is a highly regarded mine builder with over 30 years of operations experience. He is the former GM at Osisko’s Canadian Malartic Mine and IAMGOLD’s Westwood and Sleeping Giant operations. Tremblay is currently the COO of Dalradian Resources, leading the multi-million ounce Curraghinalt gold project in Northern Ireland. Tremblay provides Maritime with expertise in mine construction, operational scale-up and technical risk management.

Paolo Toscano – Technical Advisor Engineering and Construction

Paolo Toscano has over 30 years of experience in engineering and construction. He most recently served as senior vice-president of engineering and construction for Calibre Mining at the Valentine gold project in Newfoundland and Labrador. Prior to Calibre, he was director of projects for Alamos Gold and New Gold.

This post appeared first on investingnews.com

The global transition to a green economy has been a boon for the cleantech market — it’s helping investment in renewable energy and clean technology continue to grow, allowing the sector to keep building momentum.

Though cleantech’s long-term outlook is stable, the industry is facing challenges in Western markets as US policy shifts have sparked climate finance concerns. With US leadership on climate finance appearing to recede, there’s an opportunity for the Canadian market to take a leading role.

As we enter the second half of 2025, here’s a look at the best-performing Canadian cleantech stocks on the TSX and TSXV year-to-date; CSE companies were considered, but none made the list at this time.

Data for this article was gathered on July 14, 2025, using TradingView’s stock screener. Only companies with market capitalizations greater than C$50 million were considered.

1. Tantalus Systems (TSX:GRID)

Year-to-date gain: 76.32 percent
Market cap: C$179.48 million
Share price: C$3.35

Tantalus Systems provides technology that gives utilities greater control and insight into their electric grids.

This includes advanced metering infrastructure (AMI), load management systems and grid analytics, all of which contribute to a more efficient and reliable power grid.

One of its key products, TRUConnect AMI, provides real-time data on energy consumption and grid conditions. The TRUFlex Load+DER Management system helps manage energy demand and integrate distributed energy resources like solar power, while TRUGrid Automation optimizes grid operations and improves response to events like power failures.

On July 7, Tantalus announced that it was extending its partnership with EPB in Chattanooga, Tennessee, to deploy 20,000 TRUSense Ethernet Gateways over the next five years, integrating with EPB’s fiber network to enhance grid modernization and operational efficiency.

2. Anaergia (TSX:ANRG)

Year-to-date gain: 44.68 percent
Market cap: C$229.36 million
Share price: C$1.36

Anaergia is a global company that specializes in converting waste, including wastewater and agricultural and municipal solid waste, into renewable energy, clean water and organic fertilizer.

In July 2024, Anaeriga announced the completion of a strategic investment, saying it had closed the third tranche of a C$40.8 million investment deal with Marny Investissement that gave Marny a controlling interest of about 60 percent in Anaergia. The investment supported Anaergia’s strategic pivot to prioritizing capital-efficient growth and streamlined operations, with a greater focus on technology sales and operation and maintenance contracts.

The company has operations in 17 countries spanning North America, Africa, Asia and Europe. So far in 2025, Anaergia has expanded its global reach through partnerships with companies in Italy and Spain, as well as through a partnership agreement to build a biogas facility in South Korea.

3. CVW CleanTech (TSXV:CVW)

Year-to-date gain: 18.82 percent
Market cap: C$148.28 million
Share price: C$1.01

CVW CleanTech is focused on making the Canadian oil sands industry more sustainable.

The company’s Creating Value from Waste (CVW) technology recovers bitumen and valuable minerals like titanium and zircon from oil sands tailings ponds, reducing the environmental impact of oil and gas production.

In 2024, the company transitioned to a royalty-based model, investing in other cleantech companies in exchange for a share of their revenue. Its first royalty investment was in Northstar Clean Technologies (TSXV:ROOF,OTC:ROOOF), a company with technology that processes end-of-life asphalt shingles into components including liquid asphalt, as well as aggregate and fiber for industrial use. The deal was finalized in September.

Now, the company is seeking shareholder approval to change its name to CVW Sustainable Royalties and switch its TSX Venture exchange listing from a technology issuer to an investment issuer, further solidifying its change in focus. However, it is still committed to commercializing its CVW technology.

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

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(TheNewswire)

 

     

   
             

 

Brossard, Quebec, July 18, 2025 TheNewswire Charbone Hydrogen Corporation (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘), North America’s only publicly traded pure-play company focused on green hydrogen production and distribution, is announcing regarding the previously announced, on June 3, 2025, closing of Units for debt settlements that, following discussions with the TSX Venture Exchange, the Company had to revise the total amount and number of units to be issued.

 

  The Company has settled with certain arm’s-length suppliers a total of $1,273,702, payable through the issuance of units. A total of 16,982,689 units will be issued upon closing, at a conversion price of $0.075 per unit. Any debt settlement will be documented in a formal agreement and is subject to final approval by the TSX Venture Exchange.  

 

  About Charbone Hydrogen Corporation  

 

  CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit     www.charbone.com    .

 

  Forward-Looking Statements  

 

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

 

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

 

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

 

       

 

  Contact Charbone Hydrogen Corporation  

 

 
 
 

  Telephone: +1 450 678 7171  

 

 
 

  Email:     ir@charbone.com    

 

  Benoit Veilleux  

 

  CFO and Corporate Secretary  

 

 

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

 

(TheNewswire)

 

     

   
             

 

    Brossard (Québec), le 1   8   juillet 2025 –   TheNewswire      CORPORATION CHARBONE HYDROGÈNE     (TSXV: CH,OTC:CHHYF   , OTCQB: CHHYF, FSE: K47   ) («   Charbone   » ou la «   Société   »), une rare compagnie cotée en bourse spécialisée dans la production et la distribution d’hydrogène vert en Amérique du Nord, annonce une mise-à-jour, concernant la clôture des unités pour le règlement de dettes annoncée précédemment, le 3 juin 2025, que, suite à des discussions avec la Bourse de croissance TSX, la Société a dû réviser le montant total et le nombre d’unités à émettre.  

 

  La Société a réglé avec certains fournisseurs sans lien de dépendance un montant total de 1 273 702 $, payable par émission d’unités. Un total de 16 982 689 unités seront émises à la clôture, au prix de conversion de 0,075$ l’unité. Tout règlement de dette sera formalisé par une entente officielle et est soumis à l’approbation finale de la Bourse de croissance TSX.  

 

  À propos de Charbone Hydrogène Corporation  

 

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

 

  Énoncés prospectifs  

 

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

 

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

 

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

 

  Pour contacter Corporation Charbone Hydrogène :  

 

 

 

 

 

 

 

      

 

Téléphone bureau: +1 450 678 7171

 

   
 

Courriel:   ir@charbone.com   

 

Benoit Veilleux

 

Chef de la direction financière et secrétaire corporatif

 

   

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com