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The commander of U.S. Southern Command (SOUTHCOM), whose area of operations includes the Caribbean waters where the strikes against the alleged drug boats have been conducted, retired Friday as scrutiny surrounding the attacks mounts. 

Navy Adm. Alvin Holsey, who became the head of Southern Command in November 2024, announced suddenly in October that he would retire from the military as operations heated up in the region that the administration claims is part of President Donald Trump’s crusade against the influx of drugs into the U.S.  

The Trump administration designated drug cartel groups like Tren de Aragua, Sinaloa and others as foreign terrorist organizations in February, and bolstered its naval assets in the region in recent months under Holsey’s leadership — including signing off on the unprecedented step of sending the aircraft carrier USS Gerald R. Ford to the region.

‘We have worked hard and tirelessly to build relationships and understand requirements across the region,’ Holsey said during the retirement ceremony, according to a news release. ‘To be a trusted partner, we must be credible, present and engaged.’

Holsey commissioned in 1988, and flew both SH-2F Seasprite and SH-60B Seahawk helicopters. Holsey’s previous assignments include serving as the deputy commander of Southern Command, as well as deputy chief of Naval personnel and the commander of the aircraft carrier Carl Vinson’s carrier strike group.

Air Force Lt. Gen. Evan Pettus also took over the reins from Holsey Friday, after previously serving as the command’s military deputy commander. His experience includes more than 2,700 hours as a pilot in the Air Force’s F-15E Strike Fighter jet and the A-10 ‘Warthog’ aircraft, has participated in combat missions for Operation Iraqi Freedom and Operation Inherent Resolve, among others. 

Holsey’s retirement less than a year into his tenure leading the combatant command is highly unusual. In comparison, former SOUTHCOM commander, Army Gen. Laura Richardson, served in the role from 2021 to 2024.

Holsey did not give a reason for his departure in October, and didn’t share any additional details Friday. 

However, Holsey had raised ‘concerns’ about the strikes, attracting the ire of Secretary of War Pete Hegseth, The New York Times reported. Hegseth already believed that Holsey wasn’t cracking down on the alleged drug traffickers more aggressively, and Holsey’s concerns prompted the relationship between the two leaders to unravel even further, the Times said. 

As a result, Hegseth pressured Holsey to step down, according to the Times. 

The Pentagon referred Fox News Digital to Hegseth’s original post on social media in October after news of Holsey’s retirement broke, where the secretary of war thanked Holsey for his service. 

‘The Department thanks Admiral Holsey for his decades of service to our country, and we wish him and his family continued success and fulfillment in the years ahead,’ Hegseth said in the post. 

Meanwhile, the strikes have attracted increased scrutiny from Democrats and some Republicans on Capitol Hill. While some lawmakers have always challenged the legality of the strikes — particularly after revelations in recent weeks that a second strike was conducted against a vessel after the first one left survivors in September — the Trump administration has routinely stated it has the authority to conduct those attacks. 

For example, Senate Minority Leader Chuck Schumer, D-N.Y., and Sens. Tim Kaine, D-Va.; Adam Schiff, D-Calif.; and Rand Paul, R-Ky., introduced a war powers resolution on Dec. 3 to bar Trump from using U.S. armed forces to engage in hostilities within or against Venezuela.

In total, the Trump administration has conducted more than 20 strikes in Latin American waters since September targeting alleged drug smugglers in an effort to combat the flow of drugs into the U.S. Additionally, Trump has signaled for months that strikes on land could be next, and the U.S. seized an oil tanker off the coast of Venezuela on Wednesday. 

‘We’re knocking out drug boats right now at a level that we haven’t seen,’ Trump said Dec. 3. ‘Very soon we’re going to start doing it on land too.’

This post appeared first on FOX NEWS

President Donald Trump has directed U.S. officials to help to facilitate a ‘lasting and durable peace’ between Ukraine and Russia, with officials touting the ‘very, very strong’ package presented for negotiations in Berlin over the weekend.

Fox News Digital participated in a briefing with U.S. officials Monday morning to discuss ongoing discussions in Berlin with Ukrainian President Volodymyr Zelenskyy, his team, and European security officials.

U.S. officials met with Zelenskyy and the Ukrainian delegation Sunday for nearly six hours, and spent more than two hours with them Monday.

Officials said Trump’s goal is to ‘stop the Russians from moving west.’

‘President Trump’s very focused on reaching a conclusion to this conflict that really stops the Russians from from moving west,’ one official said. ‘Under President Bush, Russia moved west. Under President Obama, Russia moved west. Under President Biden, Russia move west. President Trump really wants to see this as an agreement that ends that, for good.’

Officials also discussed the economic situation for Ukraine, noting that asset manager BlackRock has assembled a team, pro bono, to begin working on the matter, in coordination with the World Bank.

‘We went extensively through all the different financial borders that Ukraine currently faces,’ an official said. ‘What President Trump is trying to do is to save Ukraine as a country and make sure that they then have the ability to be, from a military perspective, security perspective, and then make sure that they can become viable.’

The official said the Europeans involved in discussions expressed ‘several times that they see Ukraine as critical for their security,’ and that they ‘need Ukraine to be financially viable and strong in order for it to be a good partner.’

But the officials said that ‘security guarantees were the major focus of the discussions.’

‘It was a very specific, palpable conversation around how to deter any further incursions and to punish — or address — any further incursions,’ an official said. ‘I think Ukrainians would tell you, as will the Europeans, that this is the most robust set of security protocols they have ever seen.’ 

The official touted the current package as ‘very, very strong.’

‘Hopefully the Russians are going to look at it and say to themselves, that’s okay, because we have no intention of violating it,’ the official continued. ‘But violations are going to be addressed with this security package.’

The official added: ‘The Europeans now know that we mean business, and the Ukrainians know it too.’

The package will ensure ‘oversight’ and ‘deconfliction,’ along with ‘anything that will make the Ukrainian people feel safe.’ 

‘It’s just that strong,’ the official said.

Officials said that the basis of the agreement is to have ‘really, really strong Article Five guarantees.’

‘We believe the Russians, in a final deal, will accept all these things which will allow for a strong and free Ukraine,’ an official said. ‘Russia has indicated they would be open to Ukraine joining the E.U., which would be, I think, the biggest expansion of the Euro-free zone since the Berlin Wall — this would be two huge wins for them.’

Officials said that Trump has been ‘very, very clear’ that he is ‘not looking to put pressure on Ukraine.’

‘He has done his best to help define these issues and whatever decision they ultimately make on their territorial issues around these other outstanding issues will be up to them,’ the official said.

Meanwhile, the officials touted the conversations with the European community, specifically the Germans, the English, and the French.

‘I can’t say enough good things about them,’ one official said. ‘Everyone has been dug in to end this conflict. Hopefully we are on the path to peace.’

Another official said this is a ‘full U.S.-European effort to try to come up with the strongest package possible in order to see if we can go back to Russia with something that can close this out.’

The official added that Trump’s focus on the deal has been to ensure ‘robust security so that this war really ends and that this will not happen again’ and to reach an agreement to deal with ‘all of the economic issues for Ukraine so that they have a bright and prosperous future.’

The official also said Trump hopes that Russia can ‘get back into the global economy so that they have incentive not to go back to war in the future.’

The U.S. officials said Monday conversations are ongoing, but touted the ‘multiple different solutions’ they have presented that can ‘bridge the gap between the parties.’

‘We have moved considerably closer in narrowing the issues between the Ukrainians and the Russians,’ one official said. ‘It is a really good faith effort.’

‘Are we prepared to go to Russia if needed? Absolutely. Are we prepared to go to Ukraine if needed? Absolutely,’ the official said.

‘We are under instructions to do what it takes to help facilitate, on behalf of President Trump, a lasting and durable peace between Ukraine and the Russian Federation,’ the official continued. ‘And we intend to do our best.’ 

This post appeared first on FOX NEWS

Deputy FBI Director Dan Bongino will make a decision about his future at the bureau within the next few weeks, two sources familiar with his considerations tell Fox News.

The sources deny recent reports that Bongino’s office at the FBI is empty, but they say that his departure is a possibility in the near future. 

A source familiar with the situation told Fox News Digital that Bongino has not made any decisions about his future.

Bongino’s tenure at the FBI has come under fire in recent weeks, alongside FBI director Kash Patel. Earlier this month, a blistering report from an alliance of active-duty and retired FBI personnel portrayed the bureau as directionless under its new leadership.

Bongino and Patel pushed back on the report, however, defending sweeping reforms they say have delivered major gains in accountability and public safety.

‘When the director and I moved forward with these reforms, we expected some noise from the small circle of disgruntled former agents still loyal to the old Comey–Wray model,’ Bongino told Fox News at the time.

‘That was never our audience. Our responsibility is to the American people. And under the new leadership team, the bureau is delivering results this country hasn’t seen in decades — tighter accountability, tougher performance standards, billions saved and a mission-first culture. That’s how you restore trust.’

New York Post columnist and Fox News contributor Miranda Devine said last week that an internal 115-page report from FBI active-duty and retired agents and analysts heavily criticized Patel and Bongino since they took on their respective jobs earlier this year.

The alliance criticized Patel as ‘in over his head’ and Bongino as ‘something of a clown,’ according to The New York Post.

The outlet said the 115-page assessment was written in the style of an FBI intelligence product and analyzed reports from 24 FBI sources and sub-sources who described their experiences inside the bureau.

Devine said Patel was described by multiple internal sources as inexperienced, with one source saying he ‘has neither the breadth of experience nor the bearing an FBI director needs to be successful.’

Patel told Fox News Digital the FBI is ‘operating exactly as the country expects.’

Fox News’ Ashely Carnahan contributed to this report.

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The top congressional Republicans weighed in on the slayings of longtime Hollywood director Rob Reiner, 78, and his wife, Michele Singer Reiner, 68, dubbing the incident a ‘tragedy.’

Senate Majority Leader John Thune, R-S.D., and House Speaker Mike Johnson, R-La., joined the wave of condolences flooding from the political world in the wake of the Reiners’ deaths, which police are currently investigating as a homicide. 

‘Well, that whole incident, episode, is a tragedy, and my sympathies and prayers go out to their family and their friends,’ Thune said. 

The Reiners were found in their Brentwood-area home in California on Sunday, where they reportedly had suffered multiple stab wounds. The couple were found by their daughter, according to People magazine

In the hours since, police arrested the Reiners’ son, Nick Reiner, 32, under suspicion of murder, according to the Los Angeles Sheriff’s Department. He is being held without bail after it was previously set at $4 million. 

Johnson said, ‘The shocking news that apparently their son committed the murders is not only an unspeakable family tragedy, it’s another reminder of just the senseless violence and evil that is so rampant in our society.’

‘So our prayers go out to the Reiner family, the survivors, and everybody who’s affected by this,’ he told reporters.

Reiner was best known for his long, legendary list of films, including ‘The Princess Bride,’ ‘This Is Spinal Tap,’ ‘When Harry Met Sally…,’ and several others. He appeared in front of the camera for several projects, including as Michael ‘Meathead’ Stivic on the long-running sitcom, ‘All in the Family.’ 

Singer Reiner was a prolific photographer whose list of works included taking President Donald Trump’s photo for the cover of his book, ‘The Art of the Deal.’

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U.S. Environmental Protection Agency administrator Lee Zeldin disclosed that he had skin cancer removed from his face, using his personal experience as an opportunity to urge people to wear sunscreen and regularly visit a dermatologist.

‘PSA: Wear sunscreen and get your skin checked. I’m grateful to the incredible medical team at Walter Reed Medical Center who recently fully removed basal cell carcinoma (BCC) from my face,’ he wrote in a post on X. ‘It started as a small, pearl-colored, dome-shaped lesion on my nose. After a biopsy, it came back positive for BCC.’

He noted that he is ‘relieved to be cancer-free,’ and explained that his ‘dermatologist removed it using Mohs surgery, a precise technique that ensures all cancerous tissue is eliminated.’

Zeldin divulged that a plastic surgeon reconstructed a portion of his nose.

‘Following the surgery, a plastic surgeon reconstructed part of my nose using cartilage from behind my ear and a local skin flap to restore the area,’ he explained, including a photo of himself in the post.

He recognized the ‘mistake’ he made by spending time out in the sun sans sunscreen.

‘Like many people, there were plenty of moments in my life when I spent time in the sun without sunscreen. That was a mistake. Consistently using SPF 30 or higher and getting regular skin checks can go a long way in preventing this,’ he wrote.

‘Please encourage your friends and family to wear sunscreen and see a dermatologist regularly. Early detection matters,’ he asserted.

Zeldin lost the 2022 New York gubernatorial race to Democratic Gov. Kathy Hochul. He served four terms in the U.S. House of Representatives from early 2015 until early 2023.

This post appeared first on FOX NEWS

President Donald Trump’s former Secretary of Homeland Security, Chad Wolf, is sounding the alarm about China infiltrating America’s healthcare systems. 

Concern about China’s ability to infiltrate United States technology was underscored by a Memorandum of Understanding (MOU) signed last week between four state attorneys general and Federal Communications Commission Chairman Brendan Carr, aimed at ramping up protections against Chinese infiltration of communications equipment and services utilized by the United States. 

On Monday, the Protecting America Initiative (PAI), a conservative nonprofit aimed at fighting the Chinese Communist Party’s efforts ‘to sabotage America,’ launched a campaign to highlight the nation’s vulnerability to China as it relates to medical technology. 

Earlier this year, both the Food and Drug Administration (FDA) and the Cybersecurity and Infrastructure Security Agency (CISA) both warned of a ‘backdoor’ in a popular brand of patient monitoring devices. CISA found the so-called backdoor allowed the device to download remote files and send them to an IP address associated with a Chinese university. All schools in China operate under a law requiring them to support national intelligence work when called upon.

‘Americans rely on their doctors who take an oath to keep us safe, and first, do no harm. But when critical medical devices are made by Chinese companies, that puts our safety at risk. Chinese medical devices open the door for the CCP to access sensitive health data. President Trump and his administration always put America First and will safeguard our patients and our privacy from Beijing’s infiltration,’ PAI Senior Advisor Chad Wolf told Fox News Digital. ‘It’s time to remove Chinese medical devices from U.S. hospitals and close the data backdoor, because patient privacy and national security are non‑negotiable.’

In June, Florida’s Republican Attorney General James Uthmeier took legal action against the Chinese medical device manufacturers probed by the FDA and CISA, accusing the company of selling ‘compromised’ medical devices that allegedly include a ‘backdoor’ that bad actors can manipulate. 

In addition to patient data and privacy concerns, Uthmeier was also concerned about the medical device manufacturer, and those distributing its products, selling patient health monitors as approved by the FDA and other international standards, even though they were not.

 

China’s expanding presence in American medical supply chains has also been a concern among experts.

‘China’s growing role within the U.S. medical device supply chains is largely due to the combination of Beijing’s industrial policy and the shifting landscape of American healthcare,’ the Foundation for Defense of Democracies (FDD), a conservative think tank in Washington, D.C. focusing on foreign affairs and national security, wrote in an October report.

‘The National Institute of Health (NIH) estimated that in 2019, 9.2 percent of U.S.-imported pharmaceuticals and medical equipment came from China — a percentage that ‘likely understates’ American reliance on China for medical products, NIH warned,’ the report continues. ‘This understatement is in part due to the complex nature of medical supply chains — China is both a supplier of raw materials used in medical products and the final point of assembly for goods bound for the United States, obscuring its reach into the American medical system. This percentage also does not account for the value-add or criticality of these goods, particularly those related to biodefense and managing long-term acute health issues.’

FDD claims that China has ‘exploited’ the United State’s ‘reliance’ on it by selling and exporting deliberately compromised technology, leading to doctors ‘unwittingly and unwillingly’ playing ‘Russian roulette with patient treatment plans.’

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The Senate advanced the annual defense policy bill on an overwhelmingly bipartisan vote on Monday, teeing up final passage later in the week.

The National Defense Authorization Act (NDAA) of 2026 is one of the must-pass legislative packages that Congress deals with on an annual basis, and it unlocked billions of dollars in funding for the Pentagon and several other defense-related items.

Lawmakers pushed the colossal authorization package through a key procedural hurdle on a 76-20 vote. Senators will get their chance to tweak the package with several amendment votes in the coming days.

The roughly $901 billion package, which is about $8 billion over what President Donald Trump requested earlier this year, typically acts as a bookend for Congress, capping off the year as one of the few must-pass items on the docket. And, given that there is no government funding deadline to contend with, the NDAA is getting primetime treatment in the Senate.

Still, there are myriad items that lawmakers hope to tackle before leaving until the new year, including a fix to expiring Obamacare subsidies, confirming nearly 100 of Trump’s nominees, and a potential five-bill funding package that, if passed, would go a long way toward warding off the specter of another government shutdown come Jan. 30.

Scattered throughout the colossal package’s roughly 3,000 pages are several provisions dealing with decades-old war authorities, strikes on alleged drug boats in the Caribbean, Ukraine, lifting sanctions, and Washington, D.C.’s, airspace.

This year’s NDAA would scrap the 1991 and 2002 authorizations of use of military force (AUMFs) for the Gulf War and Iraq War, respectively. Lawmakers have found rare bipartisan middle ground in their desire to nix the AUMFs, which have been used by previous administrations to engage in conflicts in the Middle East for decades.

Then there is a policy that includes several requirements to fulfill the Pentagon’s travel budget, one of which would force the agency to hand over all unedited footage from the Trump administration’s strikes against alleged drug boats.

It’s a pointed provision that underscores the bipartisan concern from Congress over the administration’s handling of the strikes, particularly in the wake of a double-tap strike on Sept. 2 that has seen several lawmakers demand more transparency and access to the footage.

There is also a provision that has stirred up controversy among Senate Republicans and Democrats alike that would roll back some safety standards in the Washington, D.C., airspace. It comes on the heels of the collision between a Black Hawk helicopter and passenger jet near Ronald Reagan Washington National Airport earlier this year.

Senate Commerce, Science and Transportation Committee Chair Ted Cruz, R-Texas, and Sen. Maria Cantwell, D-Wash., the top ranking Democrat on the panel, are pushing to have the provision stripped with their own amendment, which would codify the safety tweaks made after the midair collision.

Cruz said alongside family members of the victims of the crash, which killed 67, that the provision didn’t go through the ordinary clearances.’ 

‘Normally, when you’re adding a provision to the NDAA that impacts aviation, you would request clearance from the chairman and ranking member of the Senate Commerce Committee,’ Cruz said. ‘No clearance was requested. We discovered this provision when the final version of the bill dropped out of the House and it was passed.’

There are also several provisions that deal with Ukraine, including an extension of the Ukraine Security Assistance Initiative, which would authorize $400 million each year to buy weapons from U.S. defense companies.

There’s a provision that would prevent the U.S. from quietly cutting off intelligence support to the country by requiring at least 48-hours notice detailing why, how long it would last and the impact on Ukraine.

There’s also a provision that would beef up reporting requirements for all foreign aid flowing to Ukraine from the U.S. and other allies supporting the country in its conflict with Russia.

This post appeared first on FOX NEWS

Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces that our Board of Directors (the ‘Board’) has declared a base quarterly dividend of US$0.10 per common share (the ‘Base Dividend’) and a special dividend of US$0.02 per common share (the ‘Special Dividend’), both payable in cash on January 15, 2026 to shareholders of record at the close of business on December 31, 2025. Both the Base Dividend and the Special Dividend are designated as ‘eligible dividends’ for Canadian income tax purposes. 

Dividend payments to non-residents of Canada will be subject to withholding taxes at the Canadian statutory rate of 25%. Shareholders may be entitled to a reduced withholding tax rate under a tax treaty between their country of residence and Canada. For further information, see Alvopetro’s website at  https://alvopetro.com/Dividends-Non-resident-Shareholders.

Corey C. Ruttan, President & CEO, commented:

‘Based mainly off the strength of our 100% owned Murucututu project in Brazil, Alvopetro has generated significant year over year production growth. With the recent addition of production from our 183-D4 well we’ve been posting near-record sales levels. As we strive to maintain our balanced capital allocation and stakeholder return model, we are pleased to announce a special dividend this quarter, representing a 20% increase in our total quarterly dividend.’

Corporate Presentation

Alvopetro’s updated corporate presentation is available on our website at:
http://www.alvopetro.com/corporate-presentation. 

Social Media

Follow Alvopetro on our social media channels at the following links:
X – https://x.com/AlvopetroEnergy
Instagram – https://www.instagram.com/alvopetro/
LinkedIn – https://www.linkedin.com/company/alvopetro-energy-ltd

Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro’s organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure.

Neither the 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 news release.

Dividend Advisory

The decision to declare any future quarterly dividend or special dividend and the amount and timing of such dividends, if any, remains subject to the discretion of the Board and may vary depending on numerous factors, including, without limitation, the Company’s operational performance, available financial resources and financial requirements, capital requirements and growth plans. There can be no assurance that dividends will be paid at the intended rate or at any rate in the future.

Forward-Looking Statements and Cautionary Language

This news release contains forward-looking information within the meaning of applicable securities laws. The use of any of the words ‘will’, ‘expect’, ‘intend’, ‘plan’, ‘may’, ‘believe’, ‘estimate’, ‘forecast’, ‘anticipate’, ‘should’ and other similar words or expressions are intended to identify forward-looking information. Forward‐looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the expectations discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events. Accordingly, when relying on forward-looking statements to make decisions, Alvopetro cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties. More particularly and without limitation, this news release contains forward-looking information concerning the Company’s dividends, plans for dividends in the future, the timing and amount of such dividends and the expected tax treatment thereof. Forward-looking statements are necessarily based upon assumptions and judgments with respect to the future including, but not limited to the success of future drilling, completion, testing, recompletion and development activities and the timing of such activities, the performance of producing wells and reservoirs, well development and operating performance, expectations and assumptions concerning the timing of regulatory licenses and approvals, equipment availability, environmental regulation, including regulations relating to hydraulic fracturing and stimulation, the ability to monetize hydrocarbons discovered, the outlook for commodity markets and ability to access capital markets, foreign exchange rates, the outcome of any disputes, the outcome of  redeterminations, general economic and business conditions, forecasted demand for oil and natural gas, the impact of global pandemics, weather and access to drilling locations, the availability and cost of labour and services, and the regulatory and legal environment and other risks associated with oil and gas operations. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Current and forecasted natural gas nominations are subject to change on a daily basis and such changes may be material. In addition, the declaration, timing, amount and payment of future dividends and any special dividends remain at the discretion of the Board of Directors. Although we believe that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because we can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, reliance on industry partners, availability of equipment and personnel, uncertainty surrounding timing for drilling and completion activities resulting from weather and other factors, changes in applicable regulatory regimes and health, safety and environmental risks), commodity price and foreign exchange rate fluctuations, market uncertainty associated with trade or tariff disputes, and general economic conditions. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Although Alvopetro believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Alvopetro can give no assurance that it will prove to be correct. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on factors that could affect the operations or financial results of Alvopetro are included in our AIF which may be accessed on Alvopetro’s SEDAR+ profile at www.sedarplus.ca. The forward-looking information contained in this news release is made as of the date hereof and Alvopetro undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

SOURCE Alvopetro Energy Ltd.

View original content: http://www.newswire.ca/en/releases/archive/December2025/15/c7920.html

News Provided by Canada Newswire via QuoteMedia

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Apollo Silver Corp. (‘ Apollo ‘ or the ‘ Company ‘) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to provide an update on ongoing community engagement activities at its Cinco de Mayo Project (‘Cinco de Mayo’ or the ‘Project’) in Chihuahua, Mexico.

Over several months, the Company held productive discussions with elected representatives of the Ejido Benito Juárez (the ‘Ejido’), Municipio de Buenaventura, and other leaders and community groups in the region. The objective of these discussions was to regain public support for mineral exploration and mine development at Cinco de Mayo, and more specifically, to rescind the property access ban imposed by the Ejido in November 2012 and to establish a long-term access agreement. This agreement is anticipated to provide important economic and community benefits to the Ejido, including annual payments, environmental value, and preferential employment and service opportunities, in exchange for unrestricted access for the Company to explore, develop and potentially mine the resources at Cinco de Mayo.

As part of Apollo’s efforts to introduce a plan of responsible development in cooperation and partnership with the local communities, informational materials are being distributed to members of the Ejido, outlining a plan of long-term collaboration and shared benefits associated with continued exploration and future operations at the Project. This phase of community engagement is expected to continue early into the new year, whereupon the Company remains hopeful for, and looks forward to, a general assembly of the Ejido in early 2026 to vote on rescinding the property access ban and approving a long-term access agreement.

Overview of Key Topics Presented to the Ejido

Long-Term Benefit Framework

The draft framework under discussion includes the following high-level concepts:

  • A 30-year structure of benefits to the Ejido in return for access to the Project during the exploration, development and mining phases over that time period.
  • Predictable annual payments made directly to the community to support priorities identified by the Ejido and its members, such payments amounting to approximately US$50 million over the life of the agreement.
  • An option to extend the term of the agreement for an additional period of time.

Employment, Training, and Local Procurement

The materials emphasize the Company’s commitment to maximizing local participation:

  • Hiring of Ejidatarios (registered members of the Ejido community), their descendants, and community members, based on skills and aptitude.
  • Preference for local suppliers of food, fuel, transportation, materials, and lodging.

These initiatives are intended to help build sustainable economic opportunities for the region.

Environmental Protection and Water Stewardship

Environmental responsibility remains central to all Project planning. Commitments communicated to the Ejido include:

  • Detailed hydrogeological studies to ensure exploration and potential future mining activities have no effect on community wells or natural springs.
  • Continuous monitoring of water quality and environmental indicators.
  • Strict adherence to all federal regulations, including requirements set by SEMARNAT, CONAGUA, and PROFEPA.
  • Implementation of reforestation programs, responsible materials management, and full reclamation of land at the end of the Project’s life cycle.

These commitments apply at every stage of work, from exploration through to eventual operations and closure.

‘With a renewed interest in responsible mineral exploration and mine development being promoted at all levels of Mexican government, there is no better time to bring a strong plan of shared economic benefit to the communities around Cinco de Mayo,’ stated Ross McElroy, President and CEO . ‘As one of North America’s better CRD deposits, with a well established history, Cinco de Mayo holds great opportunity for all.’

About Cinco de Mayo

Cinco de Mayo is an approximate 25,000 hectare property located in the north central part of Chihuahua State, Mexico, approximately 190 kilometres northwest of the state capital of Chihuahua City in the Municipio de Buenaventura. The Project is prospective for and hosts carbonate replacement type deposits including the Upper Manto Pb-Zn-Ag (Au) deposit, which consists of two parallel and overlapping manto deposits referred to as the Jose Manto and the Bridge Zone. An independent technical report and Mineral Resource estimate (‘MRE’) on the Upper Manto deposit was prepared in 2012 by Rosco Postle and Associates (‘RPA’). At a NSR cut-off of US$100/t, Inferred MRE was estimated to total 12.45 million tonnes at 132 grams per tonne silver, 2.86 per cent lead and 6.47 per cent zinc and 0.24 gram per tonne gold (See Apollo’s news release dated March 7, 2025). The total contained metals in the historical resource were 52.7 million ounces of silver, 785 million pounds of lead, 1,777 million pounds of zinc and 96,000 ounces of gold. See cautionary statement below.

A potential new discovery, called the Pegaso Zone was not included in the 2012 Historical MRE. Apollo’s technical team considers this intersection as a high priority target that has potential to be a significant new discovery. The Company’s initial review of historical data suggests that the Pegaso Zone could indicate a larger and higher-grade resource at depth.

Qualified Person

The scientific and technical data contained in this news release was reviewed and approved by Isabelle Lépine, M.Sc., P.Geo., Apollo’s Director, Mineral Resources. Ms. Lépine is a registered professional geologist in British Columbia and a QP as defined by NI 43-101 and is not an independent of the Company

About Apollo Silver Corp.

Apollo is advancing one of the largest undeveloped primary silver projects in the US. The Calico project hosts a large, bulk minable silver deposit with significant barite and zinc credits – recognized as critical minerals essential to the US energy and medical sectors. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high-grade and large tonnage. Led by an experienced and award-winning management team, Apollo is well positioned to advance the assets and deliver value through exploration and development.

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroy
President and CEO

For further information, please contact:

Email: info@apollosilver.com

Telephone: +1 (604) 428-6128

Neither the 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 Historical Mineral Resource Estimates

This 2012 historical MRE referenced above is considered historical in nature and the reader is cautioned not to treat this estimate as current Mineral Resources, nor should they be relied upon. They are included here as an indication of the mineralization of the Project. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and the Company is not treating the historical estimate as a current mineral resource.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the rescission of the 2012 access ban; the negotiation terms, value and potential execution of an access agreement with the Ejido; the timing, nature, and results of exploration and development activities at Cinco de Mayo; the exploration potential of the Project, including the potential discovery and significance of the Pegaso Zone; interpretations of historical data; the potential size, grade, continuity, and extent of mineralization, including at depth; potential future mining operations; the expected economic and social benefits to the Ejido and surrounding communities; and the Company’s future plans, strategies, and objectives. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and barite; the demand for silver, gold and barite; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws .

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