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Sen. Rick Scott, R-Fla., said he doesn’t want to blow up Obamacare, but he does want to give Americans another option.

Senate Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., made their core shutdown argument about expiring Obamacare subsidies that they argued, if allowed to sunset at the end of this year, would lead to millions of Americans seeing their healthcare premium costs skyrocket.

But Scott and other Republicans contend that simply extending the current subsidies would see billions in taxpayer money funneled to insurance companies, without a dime actually finding its way to the pockets of Americans looking for insurance options.

His plan would ‘let the person be a consumer,’ he told Fox News Digital from an interview in his office.

‘I just think we ought to fix Obamacare,’ Scott said. ‘So the way I think about it is, look, if you want to buy off the exchange, you know, an Obamacare product, do it. If that’s what you want. I mean, leave that there.’

‘But I know what a consumer is going to do,’ he continued. ‘Consumers are going to be way more creative of how they take care of themselves.’

Scott said his idea, in a sea of burgeoning possibilities on what to do next when it comes to answering the healthcare issue raised by congressional Democrats, would directly send any kind of Obamacare subsidy money directly to a Health Savings Account (HSA).

His plan, which he’s been working on in the background for some time, was given extra credence when President Donald Trump on Saturday recommended to Senate Republicans that ‘the Hundreds of Billions of Dollars currently being sent to money sucking Insurance Companies in order to save the bad Healthcare provided by ObamaCare, BE SENT DIRECTLY TO THE PEOPLE SO THAT THEY CAN PURCHASE THEIR OWN, MUCH BETTER, HEALTHCARE, and have money left over.’

‘In other words, take from the BIG, BAD Insurance Companies, give it to the people, and terminate, per Dollar spent, the worst Healthcare anywhere in the World, Obamacare,’ Trump said on his social media platform Truth Social.

Trump’s post was in response to Schumer and Democrats’ counter-offer to reopen the government, which Republicans quickly rejected, that would have extended the Obamacare subsidies by one year.

Should the subsidies be permanently extended, which was baked into Democrats’ original demand at the beginning of the shutdown, it would cost $350 billion over the next decade, according to the Congressional Budget Office.

Scott viewed the latest proposal as nothing but pure politics and something that Republicans would never vote for.

‘It’s all about politics. It’s not about people,’ he said. ‘So I think Schumer and the Democrats are heartless. They’re absolutely heartless.’

It’s also an idea that Scott said he had spoken to the president about before.

Republicans have railed against the current state of the subsidies, which were enhanced under former President Joe Biden during the COVID-19 pandemic. The enhancement blew off the income cap on the subsidies, allowing people making well above the poverty line to qualify for them.

Scott blasted the current state of the enhanced Obamacare subsidies, but he noted that he was not suggesting that the subsidy be completely done away with.

‘You could be making $250,000 a year, so you’re paying for these people that are making $250,000 a year, and you’re paying with your taxes for them,’ Scott said. ‘How? Tell me how that makes sense.’

He hopes to have his legislative proposal done quickly, as others in the GOP are similarly floating ideas on how to tackle the issue of expiring subsidies and rising healthcare costs.

‘Let the consumer be the buyer of healthcare,’ he said. ‘Any dollars we’re going to give to spend on it goes to the consumer and let them buy what they want to buy.’

This post appeared first on FOX NEWS

The Supreme Court revealed on Monday it will consider a lawsuit, originally brought by the Republican National Committee, over whether counting ballots that arrive after Election Day is lawful.

The case will examine a state law in solid red Mississippi that allows ballots postmarked by Election Day to be counted if they are received up to five days after the election. 

The RNC, which has fought to stop late-arriving ballots over allegations that they undermine trust in the vote counting process, argues the state law conflicts with federal law and is hoping the Supreme Court will ban them nationwide.

David Becker, executive director of the Center for Election Innovation & Research, emphasized that the court would not be weighing in on the legality of mail-in ballots, which are accepted in some form in every state, or whether ballots could be cast after Election Day.

‘What this case is about is whether a ballot that was cast on or before Election Day, sealed in an envelope, placed in the U.S. Mail and received by a state some days later can be counted if a state law says that that’s okay,’ Becker told Fox News Digital.

Mississippi’s rule went into effect in 2020, when many states implemented new emergency election policies over COVID-19. Well over a dozen, both red and blue, accept late mail-in ballots if they are postmarked by Election Day. 

The RNC sued over the law and secured a win at the conservative U.S. Court of Appeals for the 5th Circuit, leading Mississippi to bring the matter to the Supreme Court. The state argues ‘election’ means voters’ final choice, which occurs when ballots are cast by Election Day. Receipt of ballots that are marked and submitted effectuates the voters’ choice but are ‘not part of the election itself,’ Mississippi told the Supreme Court in a filing. As such, the state argues, federal law does not prohibit short, post-Election Day windows to receive ballots cast on time. 

Becker warned of repercussions that could come of the Supreme Court upholding the 5th Circuit’s ruling, saying it could invite a host of new litigation because close races could come down to ballots cast by Election Day that arrive a day or two after the election because of U.S. Postal Service delays.

‘We as a society do not want a bunch of ballots coming in the day or two after, delivered late, not because of the voter but because of the Postal Service, and having those ballots being the margin of victory in a close race,’ Becker said.

In a statement, RNC chairman Joe Gruters echoed broader sentiments of election security hawks who have taken issue with late-arriving ballots.

‘Allowing states to count large numbers of mail-in ballots that are received after Election Day undermines trust and confidence in our elections,’ Gruters said.

‘Elections must end on Election Day, which is why the RNC led the way in challenging this harmful state law. The RNC has been hard at work litigating this case for nearly two years, and we hope the Supreme Court will affirm the Fifth Circuit’s landmark decision that mail-in ballots received after Election Day cannot be counted.’

This post appeared first on FOX NEWS

White House press secretary Karoline Leavitt said Wednesday that President Donald Trump ‘remains in exceptional physical health’ after concerns have swirled in recent months, including when the president received an MRI scan in October. 

‘As stated in the memo provided on October 10th, President Trump received advanced imaging at Walter Reed Medical Center as part of his routine physical examination,’ Leavitt said during Wednesday’s White House press briefing. ‘The full results were reviewed by attending radiologists and consultants, and all agreed that President Trump remains in exceptional physical health.’ 

The response followed a member of the media asking for additional details as to why Trump received an MRI during a checkup at Walter Reed National Military Center in Maryland in October. 

‘I got an MRI, it was perfect,’ Trump told reporters on Air Force One in October. 

‘I gave you the full results,’ he added. ‘We had an MRI, and the machine, you know, the whole thing, and it was perfect.’ 

The checkup in October has been described as routine by the administration, with Trump’s physician reporting that Trump is in ‘exceptional health.’ 

Media outlets and others have fanned the flames of concerns around Trump’s health earlier in 2025 when he was spotted with swollen legs in July while attending the FIFA Club World Cup final in New Jersey, as well as when other photos that same month showed him with bruises on his hands.

Leavitt said in July, while reading a health memo, that Trump’s swollen legs were part of a ‘benign and common condition’ for individuals older than age 70, while the bruising on his hands was attributable to ‘frequent handshaking and the use of aspirin.’

Navy Capt. Sean P. Barbabella, the physician to the president, wrote in a memorandum to Leavitt following the October checkup that the visit was part of an ongoing health maintenance plan that included ‘advanced imaging, laboratory testing and preventative health assessments conducted by multidisciplinary team of specialists.’

Barbabella said in his October summary that Trump, ‘remains in exceptional health, exhibiting strong cardiovascular, pulmonary, neurological, and physical performance.’ 

The checkup was Trump’s second in 2025, following an April visit that Barbabella said found Trump ‘remains in excellent health.’

Leavitt added Wednesday that Trump is slated to hold a dinner later that evening, which she said might include press attendance where the media could see Trump’s physical state themselves. 

‘I know all of you will see with your own eyes later this evening when he opens up his dinner to the press, and perhaps you will see him when he signs the bill to reopen the federal government,’ she said. ‘So stay tuned on plans for that.’ 

Fox News Digital’s Brie Stimson contributed to this report. 

This post appeared first on FOX NEWS

Vice President JD Vance praised President Donald Trump’s ‘bulldozer’ approach to public health, calling it a necessary force that ‘just had to happen,’ during remarks at Wednesday’s Make America Healthy Again (MAHA) summit.

The summit, held at the Waldorf Astoria in Washington, D.C., was centered on Health and Human Services (HHS) Secretary Robert F. Kennedy Jr.’s MAHA movement — aimed at improving nutrition, eliminating toxins, preserving natural habitats and fighting the chronic disease epidemic in the U.S.

‘That is a good summary of Donald J. Trump is that he takes a bulldozer to Overton windows every single day,’ Vance told the HHS secretary during the event. ‘It just had to happen… One of the criticisms that Bobby will always get, and I always think it’s such b——-, excuse my language… [is that] sometimes there’s this attack where people say that conclusion is not supported by the science, or this or that conclusion is a conspiracy theory.’

‘Science, as practiced in its best form, is that if you disagree with it, then you ought to criticize it, and you ought to argue against it. You can’t shut down the debate,’ Vance continued. ‘If you look at all the big public health debates that we’ve had in this country over the last 20 or 30 years… they tried to silence the people who were saying things that were outside the Overton window. As we found out the hard way over the last few years, it was very often that people who were outside the Overton window were actually right, and all the experts were wrong.’

Vance went on to say the country could not advance unless Americans become comfortable with people who are ‘willing to challenge orthodoxy.’

He also vowed to keep Appalachia in the forefront of the conversation, noting residents have higher premature mortality rates due to a long history of being failed by the public health system.

‘You know what really p—– people off — when they realize that their loved ones are dying much sooner than everybody else,’ said Vance, whose autobiography, ‘Hillbilly Elegy,’ details his own upbringing in Appalachia. ‘That is a big part of the story of what’s going on in Appalachia, and why I think so many people in Appalachia feel left behind.’

He described himself as ‘the golden boy’ of Appalachia, admitting he feels guilt about the many people who grew up in families like his and have not had an easy life or the same amount of economic opportunity.

‘That gives me a sense of purpose because I want those people to have the same opportunities that I’ve had,’ Vance said. ‘But it also gives me a great sense of anger, because we never should have gotten to the point that we are today. The reason that we have, is because of failed leadership over generations.’

When discussing the people of Appalachia, he said they are people who, ‘though they don’t have much, would take the shirt off their back and give it to a complete stranger, because that’s what you do.’

‘If you go back to America’s biggest wars — World War I, World War II, Vietnam — which were the counties that filled their draft quotas with volunteers instead of with draftees?’ Vance posed. ‘It’s very often the parts in deep Appalachia where you’ve got grinding poverty, but you’ve also got this incredible love of country.’

‘So if any place in this country deserves not to be left behind, it’s Appalachia… These are people who deserve to live better, healthier lives, but they really have been left behind by this country’s leadership,’ Vance added.

This post appeared first on FOX NEWS

The record-breaking U.S. government shutdown appears to be on a path to finally ending after 43 days.

Federal funding legislation aimed at opening the government survived a key test vote in the House later Wednesday, teeing it up for final passage in a matter of hours.

That means the bill could hit President Donald Trump’s desk as soon as Wednesday night, likely ending what has been the longest shutdown in U.S. history.

The White House announced that Trump would sign the bill in a statement of administration policy obtained by Fox News Digital.

‘The Administration urges every Member of Congress to support this responsible, good faith product to finally put an end to the longest shutdown in history,’ the statement said.

The bill advanced through a procedural hurdle known as a rule vote, which is where lawmakers decide whether to allow legislation to get debated before a final vote on passage.

Rule votes generally fall along partisan lines and are not an indication of whether a bill will be bipartisan.

The vast majority of House Democrats still oppose the bill, but it’s possible that at least several moderates will defy their leaders to support it.

House Minority Leader Hakeem Jeffries, D-N.Y., reiterated to reporters hours before the vote that Democrats were frustrated the bill did not do anything about COVID-19 pandemic-era healthcare subsidies under Obamacare, also known as the Affordable Care Act (ACA). Those enhanced tax credits expire this year.

‘House Democrats are here on the Capitol steps to reiterate our strong opposition to this spending bill because it fails to address the Republican healthcare crisis, and it fails to extend the Affordable Care Act tax credit,’ Jeffries said.

House Speaker Mike Johnson, R-La., sounded optimistic in comments to reporters Wednesday morning ahead of the vote.

‘I wanted to come out and say that we believe the long national nightmare will be over tonight,’ Johnson said. ‘It was completely and utterly foolish and pointless in the end.’

Meanwhile, the shutdown’s effects on the country have grown more severe by the day.

Many of the thousands of air traffic controllers and Transportation Security Administration (TSA) agents who had to work without pay were forced to take second jobs, causing nationwide flight delays and cancellations amid staffing shortages at the country’s busiest airports. Millions of Americans who rely on federal benefits were also left in limbo as funding for critical government programs ran close to drying out.

At the heart of the issue was Democratic leaders’ refusal to back any funding bill that did not also extend the enhanced Obamacare subsidies. Democrats argued it was their best hope of preventing healthcare price hikes for Americans across the U.S.

Republicans agreed to hold conversations on reforming what they saw as a broken healthcare system, but they refused to pair any partisan priority with federal funding.

In the end, a compromise led by the Senate — which saw eight Democrats in the upper chamber join colleagues to pass the bill in a 60 to 40 vote — included a side deal guaranteeing the left a vote on extending the enhanced subsidies sometime in December.

Johnson has made no such promise in the House, however.

And the lack of a guarantee on extending those subsidies has angered progressives and Democratic leaders.

‘What were Republicans willing to give in the end, other more than a handshake deal to take a future vote on extending the healthcare subsidies?’ Rep. Shomari Figures, D-Ala., said Wednesday. ‘We all know that a future vote is the equivalent of asking two wolves and a chicken to vote on what’s for dinner. It is dead on arrival.’

The full House will now vote on the legislation during the 7 p.m. hour.

The bill kicks the current federal funding fight to Jan. 30, by which point House GOP leaders said they were confident they’ll finish work on a longer-term deal for fiscal year 2026.

‘There are nine remaining bills, and we’d like to get all of those done in the next few weeks. And, so, [House Appropriations Committee Chairman Tom Cole, R-Okla.] and his appropriators will be working overtime,’ House Majority Leader Steve Scalise, R-La., told Fox News Digital.

Asked if he thought they’d get it done by that date, Cole said, ‘I think we can.’

This post appeared first on FOX NEWS

A bill to end the record-breaking U.S. government shutdown is headed to President Donald Trump’s desk after more than 42 days.

Federal funding legislation aimed at opening the government passed in the House Wednesday evening, ending the weeks-long fiscal standoff that has largely paralyzed Congress since Oct. 1. Republicans on the House floor erupted in cheers when the bill prevailed while the majority of Democrats quietly exited the chamber.

The White House said Trump would sign the bill at 9:45 p.m. this evening.

Six Democrats voted with all but two Republicans to pass the bill with a 222 to 209 margin. The Democrats who voted in favor of the legislation are Reps. Tom Suozzi, D-N.Y., Henry Cuellar, D-Texas, Adam Gray, D-Calif., Marie Gluesenkamp Perez, D-Wash, and Don Davis, D-N.C.

When the House took its initial vote on federal funding legislation on Sept. 19, just one Democrat — Golden — voted with the GOP.

The vast majority of House Democrats opposed the bill, however, including their senior ranks.

House Minority Leader Hakeem Jeffries, D-N.Y., reiterated to reporters hours before the vote that Democrats were frustrated the bill did not do anything about COVID-19 pandemic-era healthcare subsidies under Obamacare, also known as the Affordable Care Act (ACA). Those enhanced tax credits expire this year.

‘House Democrats are here on the Capitol steps to reiterate our strong opposition to this spending bill because it fails to address the Republican healthcare crisis, and it fails to extend the Affordable Care Act tax credit,’ Jeffries said.

House Speaker Mike Johnson, R-La., sounded optimistic in comments to reporters Wednesday morning ahead of the vote, however.

‘I wanted to come out and say that we believe the long national nightmare will be over tonight,’ Johnson said. ‘It was completely and utterly foolish and pointless in the end.’

Some drama threatened to crack House GOP unity earlier in the day, however, as some Republicans in the lower chamber seethed over a last-minute provision added to the bill that allows senators whose communications were tapped during former Special Counsel Jack Smith’s probe to sue the federal government for $500,000 each.

Reps. Chip Roy, R-Texas, Austin Scott, R-Ga., and Morgan Griffith, W.Va., all shared concerns with the measure but said they would not extend the government shutdown over it.

Johnson appeared to placate their and others’ concerns, at least for now, with a promise to vote next week on separate legislation repealing that provision.

Rep. Greg Steube, R-Fla., told reporters he would vote against the bill over its inclusion, however.

‘I’m not voting to send Lindsey Graham half a million dollars,’ he told reporters.

He and Rep. Thomas Massie, R-Ky., voted against the final bill, but their opposition was not enough to sink legislation.

Meanwhile, the shutdown’s effects on the country have grown more severe by the day.

Many of the thousands of air traffic controllers and Transportation Security Administration (TSA) agents who had to work without pay were forced to take second jobs, causing nationwide flight delays and cancellations amid staffing shortages at the country’s busiest airports. Millions of Americans who rely on federal benefits were also left in limbo as funding for critical government programs ran close to drying out.

At the heart of the issue was Democratic leaders’ refusal to back any funding bill that did not also extend the enhanced Obamacare subsidies. Democrats argued it was their best hope of preventing healthcare price hikes for Americans across the U.S.

Republicans agreed to hold conversations on reforming what they saw as a broken healthcare system, but they refused to pair any partisan priority with federal funding.

In the end, a compromise led by the Senate — which saw eight Democrats in the upper chamber join colleagues to pass the bill in a 60 to 40 vote — included a side deal guaranteeing the left a vote on extending the enhanced subsidies sometime in December.

Johnson has made no such promise in the House, however.

And the lack of a guarantee on extending those subsidies has angered progressives and Democratic leaders.

‘What were Republicans willing to give in the end, other more than a handshake deal to take a future vote on extending the healthcare subsidies?’ Rep. Shomari Figures, D-Ala., said Wednesday. ‘We all know that a future vote is the equivalent of asking two wolves and a chicken to vote on what’s for dinner. It is dead on arrival.’

Republican Study Committee Chairman August Pfluger, R-Texas, criticized Democrats for prolonging the shutdown for little payoff.

‘They literally got absolutely nothing except for a total and complete surrender, that accomplished nothing more than hurting American families,’ he said.

The bill kicks the current federal funding fight to Jan. 30, by which point House GOP leaders said they were confident they’ll finish work on a longer-term deal for fiscal year 2026.

It also includes full-year federal spending for the Department of Agriculture, the legislative branch, and the Department of Veterans Affairs — three of 12 annual appropriations bills that Congress is tasked with passing annually.

‘There are nine remaining bills, and we’d like to get all of those done in the next few weeks. And, so, [House Appropriations Committee Chairman Tom Cole, R-Okla.] and his appropriators will be working overtime,’ House Majority Leader Steve Scalise, R-La., told Fox News Digital.

Asked if he thought they’d get it done by that date, Cole said, ‘I think we can.’

This post appeared first on FOX NEWS

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

Saga Metals Corp. (‘ SAGA ‘ or the ‘ Company ‘) (TSXV: SAGA,OTC:SAGMF) (FSE: 20H), a North American exploration company advancing critical mineral discoveries, is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (‘ Red Cloud ‘) to act as sole agent and bookrunner in connection with a ‘best efforts’ private placement (the ‘ Marketed Offering ‘) for aggregate minimum gross proceeds of C$3,000,000 and maximum gross proceeds of C$5,000,000 from the sale of any combination of the following:

  • units of the Company (each, a ‘ Unit ‘) at a price of C$0.44 per Unit (the ‘ Unit Price ‘), subject to the minimum sale of 4,545,455 Units for minimum gross proceeds of approximately C$2,000,000.20 from the sale of Units;
  • flow-through units of the Company (each, a ‘ FT Unit ‘) at a price of C$0.50 per FT Unit; and
  • flow-through units of the Company to be sold to charitable purchasers (each, a ‘ Charity FT Unit ‘, and collectively with the Units and FT Units, the ‘ Offered Securities ‘) at a price of C$0.66 per Charity FT Unit.

Each Unit will consist of one common share of the Company (a ‘ Unit Share ‘) and one common share purchase warrant (each, a ‘ Warrant ‘). Each FT Unit and Charity FT Unit will consist of one common share of the Company to be issued as a ‘flow-through share’ within the meaning of subsection 66(15) of the Income Tax Act (Canada) (each, a ‘ FT Share ‘) and one Warrant. Each Warrant shall entitle the holder to purchase one common share of the Company (each, a ‘ Warrant Share ‘) at a price of C$0.60 at any time on or before that date which is 36 months after the Closing Date (as herein defined).

The Company also grants Red Cloud an option, exercisable in full or in part up to 48 hours prior to the closing of the Marketed Offering, to sell up to an additional C$1,000,000 in any combination of Units, FT Units and Charity FT Units at their respective offering prices (the ‘ Agent’s Option ‘). The Marketed Offering and the securities issuable upon exercise of the Agent’s Option shall be collectively referred to as the ‘ Offering ‘.

The Company intends to use the net proceeds from the Offering for the exploration of the Company’s properties in Labrador, Canada, including the Company’s Radar Project, as well as for working capital and general corporate purposes, as is more fully described in the Offering Document (as herein defined).

The gross proceeds from the sale of FT Shares will be used by the Company to incur eligible ‘Canadian exploration expenses’ that qualify as ‘flow-through critical mineral mining expenditures’ as both terms are defined in the Income Tax Act (Canada) (the ‘ Qualifying Expenditures ‘) related to the Company’s properties in Labrador, Canada on or before December 31, 2026. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Units and Charity FT Units effective December 31, 2025.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (‘ NI 45-106 ‘), the Un Offered Securities will be offered for sale to purchasers resident in the provinces of Alberta, British Columbia, Manitoba, Ontario and Saskatchewan (the ‘ Canadian Selling Jurisdictions ‘) pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘ Listed Issuer Financing Exemption ‘). The securities issuable from the sale of the Units and Charity FT Units are expected to be immediately freely tradeable in accordance with applicable Canadian securities legislation for securities sold to purchasers resident in Canada. The Units may also be sold in offshore jurisdictions and in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933 , as amended (the ‘ U.S. Securities Act ‘).

The FT Units and securities issuable in connection therewith will be subject to a hold period in Canada ending on the date that is four months plus one day following the Closing Date (defined below).

There is an offering document (the ‘ Offering Document ‘) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at: www.sagametals.com. Prospective investors should read this Offering Document before making an investment decision.

The Offering is scheduled to close on December 5, 2025 or such other date as the Company and Red Cloud may agree (the ‘ Closing Date ‘). Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

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

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the North American transition to supply security. The Radar Titanium Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) with strong grades of titanium and vanadium. The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.

With a portfolio that spans key commodities crucial for the clean energy future, SAGA is strategically positioned to play an essential role in critical mineral security.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:

Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
www.sagametals.com

Neither the TSX Venture Exchange nor its Regulation Service 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 Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s plans and objectives in respect of the terms and conditions of the Offering, the intended use of proceeds from the Offering, the anticipated closing of the Offering and certain matters regarding the Offering Document. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Investor Insight

Standard Uranium offers high-grade uranium discovery potential in the Athabasca Basin. With a fully funded drill program scheduled for spring 2026 at its flagship Davidson River project, and joint ventures on other highly prospective projects, the company provides investors early stage exposure to the emerging nuclear energy market.

Overview

Standard Uranium (TSXV:STND,USOTC:STTDF,FRA:9SU0) is a uranium exploration and project generation company focused on advancing high-grade uranium discoveries within the world-famous Athabasca Basin in Saskatchewan, Canada.

With a mission to “supply the fuel for a clean energy future,” Standard Uranium is focused on discovering and developing basement-hosted and unconformity-related uranium deposits that can power the growth of nuclear energy. Its dual-track model combines aggressive exploration at its flagship Davidson River project with a robust project generator platform, advancing multiple projects through partnerships while generating non-dilutive cash flow in operator fees, share payments, and royalties.

With 13 projects totaling more than 235,000 acres, Standard Uranium offers investors exposure to both immediate discovery catalysts and long-term portfolio value. Its leadership team brings deep geological expertise and operational experience across the Athabasca Basin, complemented by disciplined capital management.

As global governments reaffirm nuclear energy’s role in achieving net-zero targets, Standard Uranium is positioned to capitalize on the growing demand for secure, high-grade uranium supply from Canada.

Company Highlights

  • Flagship Davidson River Project: Large-scale, high-priority exploration asset in the southwest Athabasca Basin, along trend from NexGen’s Arrow and Paladin Energy’s Triple R uranium deposits, positioned for a significant uranium discovery.
  • Extensive Portfolio in the Athabasca Basin: Over 235,000 acres (95,000+ hectares) across 13 projects in Canada’s premier uranium district, including active joint ventures at Sun Dog, Corvo, and Rocas.
  • Project Generator Model: Leverages strategic partnerships to fund exploration and generate cash flow while retaining upside through 25 percent ownership and a 2.5 percent net smelter return (NSR) royalty on joint-venture projects.
  • Fully Funded for Davidson River Drill Campaign: Financing completed to support 8,000 to 10,000 meters of drilling at Davidson River, planned for spring 2026.
  • Rocas Drill Program: The first-ever drill program to be conducted on Rocas will commence in winter 2026, comprising approximately 1,800 metres.
  • Corvo Drill Program: A skid-assisted diamond drill program totalling approximately 3,000 metres is planned for winter 2026, which will mark the first drill program on the Project in more than 40 years.
  • Riding the Nuclear Power Renaissance: Positioned to benefit from global decarbonization trends and a long-term rise in uranium demand.
  • Proven Team: Led by experienced geologists and exploration professionals with a track record of discoveries in the Athabasca Basin.

Key Projects

Davidson River Project

Located in the southwest Athabasca Basin, approximately 25 kilometres west of NexGen’s Arrow deposit and Paladin Energy’s Triple R deposit, the Davidson River project spans 30,737 hectares across 10 contiguous mineral claims. The property lies along the same structural trends that hosts these globally significant discoveries.

To date, Standard Uranium has drilled 16,561 metres across 39 holes, intersecting wide, graphitic-sulphidic shear zones, structural deformation, and alteration features characteristic of high-grade basement uranium systems. Recent multiphysics and machine learning-assisted surveys conducted in partnership with Fleet Space Technologies and GoldSpot Discoveries have provided new three-dimensional imaging of subsurface structures, identifying refined targets along the Warrior, Bronco and Thunderbird corridors.

The company is preparing for an 8,000 to 10,000-meter diamond drill campaign scheduled for spring 2026, marking its most comprehensive program to date. With modern targeting data and strong geological indicators, Davidson River represents the company’s clearest path to a transformational discovery in the southwest Athabasca Basin.

Sun Dog Project (JV)

Located in the northwestern Athabasca Basin near Uranium City, the Sun Dog project consists of nine mineral claims totaling 19,603 hectares. This highly prospective property sits in a historically productive uranium district that remains underexplored by modern methods.

Surface sampling has identified several uranium-rich showings, including modern grab samples returning grades up to 3.58 percent U₃O₈. The project’s targets are associated with structural intersections and alteration zones consistent with basement-hosted and unconformity-related uranium systems.

Standard Uranium has partnered with Aero Energy, under a three-year earn-in agreement, allowing Aero to acquire up to a 100 percent interest in the project. The partnership structure ensures ongoing advancement at Sun Dog with Standard Uranium retaining a 2.5 percent NSR royalty, providing continued exposure to discovery success without direct funding requirements.

Corvo Project (JV)

The Corvo project in the eastern Athabasca Basin covers 12,265 hectares and represents one of Standard Uranium’s most promising partner-funded assets. The project lies along three major magnetic low and EM conductor trends extending for nearly 29 kilometres of prospective strike length.

The project is currently being advanced under a joint venture with Aventis Energy, which is funding exploration work through a three-year earn-in agreement. Standard retains a 25 percent ownership interest and a 2.5 percent NSR, while acting as operator during the earn-in phase.

Historical drilling and sampling have confirmed uranium mineralization, including the “Manhattan” showing, where modern surface grab samples collected by the company in 2025 returned assays up to 8.10 percent U3O8. These results highlight the property’s potential to host near-surface, high-grade uranium deposits.

Rocas Project (JV)

The Rocas project, located in the southeastern Athabasca Basin region, lies approximately 75 km southwest of the Key Lake mine and mill and covers 4,002 hectares along a 7.5-km northeast-trending magnetic low and EM conductor corridor.

Surface exploration has confirmed uranium mineralization at outcrop, with historical grab samples grading up to 0.5 percent U₃O₈ across nearly 900 metres of strike length. Historical surveys have also identified lakebed geochemical anomalies and structural features that indicate potential zones of hydrothermal alteration, ideal settings for basement-hosted uranium deposits.

In 2025, Standard Uranium executed an option agreement with Collective Metals, granting the partner 75 percent earn-in over three years in exchange for staged cash payments, share issuances, and $4.5 million in exploration spending. Standard retains a 25 percent ownership interest and a 2.5 percent NSR, while acting as operator during the earn-in phase.

Eastern Athabasca Exploration Projects

Beyond its flagship and joint-venture assets, Standard Uranium holds eight additional exploration-stage properties across the eastern Athabasca Basin, including Ascent, Canary, Atlantic, Cable Bay, Ox Lake, Umbra, Brown Lake and Sable. Together, these projects cover over 43,000 hectares of highly prospective ground along established uranium trends near recent discoveries by Denison Mines and IsoEnergy.

These projects represent the company’s pipeline of future partnerships and discovery opportunities, ensuring consistent exploration activity across the Basin.

Management Team

Jon Bey – Chairman, CEO, and Director

Jon Bey is a capital markets executive with over two decades of experience in the junior exploration industry. Bey has explored for uranium, gold, silver, diamonds and oil and gas in the Americas, Europe, Asia and Africa. He has public company experience across several sectors and with companies listed on the TSX, TSXV, CSE and LSE exchanges. Bey is the chairman of Ophir Metals and the founder and managing director of the Steel Rose Group of companies.

Sean Hillacre – President & VP Exploration

Sean Hillacre has over a decade of experience as an economic geologist in the Athabasca Basin uranium district, including five years at NexGen Energy as part of the technical team progressing the Arrow uranium deposit toward production. A high-energy, results oriented geoscientist, Hillacre brings a unique and balanced background integrating academic geoscience with industry experience, along with a comprehensive understanding of project development.

Vivien Chang – Chief Financial Officer

Vivien Chuang is a chartered professional accountant (BC, Canada) with more than 15 years of experience in the resource and mining sector. She was a former CFO of Azincourt Energy, BluEnergies, Muzhu Mining, and Northern Empire Resources, K2 Gold Corporation and Chakana Copper (formerly Remo Resources). Currently, she is VP Finance of Jasper Management and Advisory and president of VC Consulting, which provides CFO and other financial accounting and compliance services to a number of companies.

Neil McCallum – Lead Technical Director

Neil McCallum has over 15 years of experience primarily in North American mineral deposit exploration, with a focus on targeting and discovery of unconformity-related uranium deposits. He is currently a project manager at Edmonton-based Dahrouge Geological Consulting. McCallum has managed and conducted uranium exploration in and around the Athabasca Basin and other jurisdictions for multiple companies.

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Rio Silver Inc. (the ‘Company’ or ‘Rio Silver’) (TSX.V: RYO,OTC:RYOOD) (OTC: RYOOF) is pleased to announce that it has closed its non-brokered private placement (the ‘Offering’), previously announced on September 24, 2025, by issuing an aggregate of 22,000,000 units of the Company (the ‘Units’) at a price of $0.10 per Unit for gross proceeds of $2,200,000.

Each Unit is comprised of one common share of the Company and one share purchase warrant (a ‘Warrant’), with each Warrant exercisable to purchase an additional common share of the Company at a price of $0.15 per common share for a period of three years from the date of issue, subject to early expiry in the event that the closing price of the common shares of the Company is $0.25 or higher for fifteen consecutive trading days at any time after the closing of the Offering, upon which the Warrants will expire thirty calendar days after notice to warrant holders through the Company’s announcement with respect to the early expiry date.

In connection with the closing of the Offering, the Company paid finders’ fees of $70,920 in cash and issued 709,200 finder’s warrants, having the same term as the Warrants, in payment of finder fees. All securities issued are subject to a statutory 4-month hold period expiring on March 12, 2026.

The Company intends to use the net proceeds of the Offering towards the exploration and development of the Company’s projects in Peru, exploration and development of the Gerow Lake project in Northern Ontario and for general working capital purposes. Notwithstanding the foregoing, the Company will not use the proceeds of the Offering on the Maria Norte project until the TSX Venture Exchange has approved of the acquisition of the Maria Norte project, announced March 26, June 25, August 12 and September 17, 2025.

ON BEHALF OF THE BOARD OF DIRECTORS OF Rio Silver INC.

Chris Verrico

Director, President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information,

Christopher Verrico, President, CEO

Tel: (604) 762-4448

Email: chris.verrico@riosilverinc.com

Website: www.riosilverinc.com

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required by applicable laws.

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Eric Sprott announces that, today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 249,300 common shares (Shares) of Maritime Resources Corp over the TSX Venture Exchange (representing approximately 0.2% of the outstanding shares on a non-diluted basis) at an average price of approximately $2.20 per share for aggregate consideration of approximately $549,208.

Prior to the Acquisition of Shares, Mr. Sprott beneficially owned 10,005,700 Shares and 2,666,700 Share purchase warrants (Warrants) representing approximately 8.1% of the outstanding on a non-diluted basis, and approximately 10.0% on a partially diluted basis assuming exercise of such Warrants

As a result of the acquisition of Shares, Mr. Sprott now beneficially owns 10,255,000 Shares and 2,666,700 Warrants, representing approximately 8.3% of the outstanding Shares on a non-diluted basis and 10.2% of the outstanding Shares on a partially-diluted basis assuming exercise of such Warrants, being an increase in holdings above 10% and, therefore, the filing of an early warning report.

The Shares were acquired for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

Maritime Resources is located at 3200-650 West Georgia St., c/o Harper Grey LLP, Vancouver, British Columbia, V6B 4P7. A copy of the early warning report with respect to the foregoing will appear on Maritime Resources’ profile on SEDAR+ at www.sedarplus.ca and may also be obtained by calling Mr. Sprott’s office at (416) 945-3294 (2176423 Ontario Ltd., 1106-7 King Street East, Toronto, Ontario, M5C 3C5).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274282

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