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President Donald Trump has ramped up expectations around a possible 60-day ceasefire in the war in Gaza after he said Thursday that a response from Hamas was expected within the next day.

Asked by a reporter whether Hamas has agreed to the latest ceasefire and hostage deal, Trump replied “We’ll see what happens, we’re going to know over the next 24 hours.” Qatar put forward an updated proposal to Israel and Hamas earlier this week, and Israel accepted it on Tuesday.

Hamas says it will announce its decision after consultations with other Palestinian factions, without specifying how long this might take.

Trump has pushed hard for a ceasefire, saying on Tuesday that Israel had “agreed to the necessary conditions” to finalize a deal for a 60-day cessation of hostilities. In a post on Truth Social, Trump warned Hamas to accept the proposal as well.

“I hope, for the good of the Middle East, that Hamas takes this Deal, because it will not get better — IT WILL ONLY GET WORSE,” he said, thanking Qatar and Egypt for their role in advancing the proposal.

The latest proposal does not differ markedly from previous plans put forward by negotiators, maintaining the same number of hostages released and the same length of the earlier temporary ceasefire. But the proposal offers two key concessions to Hamas demands, spacing out the release of hostages over the entire timeline and offering stronger guarantees – in this case, directly from Trump – that the ceasefire will continue beyond 60 days even if a comprehensive agreement to end the war has not yet been reached.

The plan calls for the release of 10 living Israeli hostages and 18 deceased hostages spread out over the full timeline, according to a source familiar with the negotiations who shared details of the plan.

On the first day of the ceasefire, Hamas would release eight living hostages. In exchange, Israel would release an unspecified number of Palestinian prisoners and detainees, and withdraw its forces from pre-agreed locations in northern Gaza. Israel would then withdraw from parts of southern Gaza on the seventh day, following the release of a number of deceased hostages.

Israel and Hamas would also immediately enter into negotiations for a permanent ceasefire once the initial truce goes into effect. A total of 50 hostages remain in Gaza, at least 20 of whom are believed to be alive.

The last two living hostages would be released on the fiftieth day of the ceasefire. Meanwhile, five deceased hostages would be released on the seventh and thirtieth days, while the final eight would be released on the final day.

Under the deal, hostages will be released without ceremonies or fanfare at Israel’s request – unlike during the last truce, when Hamas staged public propaganda events around hostage transfers that sparked outrage in Israel.

Humanitarian aid will immediately begin to flow into Gaza at the start of the ceasefire, including from the United Nations and from other aid organizations, similar to the previous ceasefire which began on January 19.

On Thursday, Israeli-American hostage Edan Alexander met with Trump in Washington and said he told the president that he worries continued fighting in Gaza endangers the remaining hostages. A statement from the Hostages and Missing Families Forum after the meeting quoted Alexander as telling Trump, “I fear continued fighting endangers the hostages and hope you can achieve another historic breakthrough — a comprehensive deal to free them all, all 50 hostages. You are the person who can make it happen.”

This post appeared first on cnn.com

Hamas announced on Friday that it had “submitted a positive response” to a proposal for a 60-day ceasefire in Gaza, opening the path toward a deal to halt the conflict after months of failed efforts.

Hamas has “submitted a positive response to the mediators, and the movement is fully prepared to immediately enter into a round of negotiations regarding the mechanism for implementing this framework,” the group said in a statement.

Israel had previously accepted the US-sponsored framework, which means the two sides are now expected to enter final, detailed negotiations before a ceasefire agreement is officially reached.

Bishara Bahbah, a Palestinian-American interlocutor who has been in direct discussions with Hamas, praised the group’s response on Facebook, saying, “We are now much closer to ending this cursed war.”

He said Hamas had introduced “amendments it deemed necessary.”

“In my view, these amendments will not prevent reaching a ceasefire agreement within the coming week, God willing,” he said.

An Israeli source familiar with the matter said earlier Friday that Israel had expected a positive response from Hamas, with the rewording of a few points in the proposal language. The source said these changes were not expected to derail the ceasefire efforts.

Of the 50 Israeli hostages remaining in Gaza, the proposal calls for the release of 10 living hostages and 18 deceased during the ceasefire. On the first day of the ceasefire, Hamas would release eight living hostages in exchange for an unspecified number of Palestinian prisoners and detainees. Following the release, Israel would withdraw from parts of northern Gaza, and the two sides would begin negotiations toward a permanent ceasefire.

The release of the hostages is to take place without any Hamas ceremonies or fanfare. The remaining hostages would be released on four more dates specific in the proposal.

Efforts to secure a ceasefire intensified following the 12-day conflict between Israel and Iran last month. Qatar, a key negotiator, immediately launched a new round of indirect talks between Israel and Hamas to find a “middle ground” based on previous proposals.

This is a developing story and will be updated.

This post appeared first on cnn.com

Families are demanding answers after authorities in Ciudad Juárez, Mexico, discovered that 383 bodies had been stored in a crematorium for months and years after the people had died.

Norma Guardado Meraz was one of many locals who visited the Chihuahua Prosecutor’s Office this week to get more information about its investigation into the discovery, fearing that among the bodies are those of their relatives.

The discovery was made on June 26 after several municipal police officers found a hearse containing two bodies and other corpses piled up in a room in the building’s courtyard.

Prosecutor César Jáuregui said the pile of bodies had accumulated since 2020, suggesting that the Plenitud crematorium had failed to perform services it had been subcontracted for by six funeral homes.

She and her family want clarity about the fate of the remains of her mother, María Nieves Meraz, who died three years ago and was mourned at one of the funeral homes that had subcontracted the crematorium.

Another resident, Javier Ramírez, went to the prosecutor’s office Wednesday to determine if the remains he had received actually belong to his father, who died two months ago and whose wake was held at one of the other funeral homes.

The office said Tuesday that of the 383 bodies found, 218 were men, 149 were women and the gender of 16 could not been identified.

As the case moves forward, the prosecutor’s office is promising a thorough investigation and says it encourages more people to come forward and demand answers.

This post appeared first on cnn.com

A man set the door of a synagogue alight and a group of protesters stormed an Israeli restaurant in Melbourne on Friday night, the latest in a wave of antisemitic attacks in Australian cities.

About 20 people were inside the synagogue in the downtown area of East Melbourne when a man poured flammable liquid on the front door of the synagogue on Albert Street before setting it on fire, Victoria state police said.

The group was having Shabbat dinner, marking the beginning of the Jewish day of rest, when the attack took place at 8 p.m. local time, Alex Ryvchin, the co-CEO of the Executive Council of Australian Jewry (ECAJ), wrote on X.

No one was injured and firefighters extinguished the small blaze, police said, adding that the perpetrator, who remains unidentified, fled the scene.

Just over 1 kilometer to the west on Hardware Lane – one of the city’s most popular areas for restaurants and nightlife – about 20 protesters stormed into an Israeli restaurant, chanting slogans, police said. A 28-year-old was arrested for hindering police, and has been released on a summons.

Speaking at a press briefing, Acting Commander Zorka Dunstan of Victoria state police said officers were also investigating a third attack early Saturday morning in which three cars were set on fire near a business in the northeastern suburb of Greensborough.

Suspects spray-painted the cars and the walls of the buildings, she said, adding that the business has been targeted by pro-Palestine protesters in the past.

The security investigation unit, part of the counter-terrorism command, is investigating all the incidents, though police have yet to declare whether they constitute a terrorism incident, Dunstan said.

“We will examine the intent and the ideology of the persons or person involved,” she said.

Many among Australia’s 117,000-strong Jewish population are anxious after spate of antisemitic attacks in the country’s two biggest cities, Sydney and Melbourne, since late last year – including arson attacks on synagogues, and swastikas scrawled on buildings and cars.

The latest attacks drew condemnation from officials and community leaders on Saturday.

Denouncing the synagogue attack on X Saturday, Premier of Victoria Jacinta Allan said it was “designed to shatter…peace and traumatize Jewish families.”

“That it happened on Shabbat makes it all the more abhorrent,” she added, noting that children and women were among the people present at the venue.

“Any attack on a place of worship is an act of hate, and any attack on a Jewish place of worship is an act of anti-Semitism,” she said.

Melbourne’s Lord Mayor Nicholas Reece described the attack as “shocking,” according to Nine News.

“I cannot condemn this sort of behavior in stronger terms… this is a city of peace and tolerance, and we will not stand for this,” he said.

Ryvchin, from the ECAJ, urged the nation to condemn “these deplorable crimes.”

“Those responsible cannot be reasoned with or appeased. They must be confronted with the full force of the law,” he wrote on X.

This post appeared first on cnn.com

As Denmark takes over the presidency of the European Union, Danes are more strongly pro-European than at any time in the past two decades – a shift in sentiment that can at least partly be attributed to US President Donald Trump.

An eye-opening survey published in March by Berlingske, a Danish daily newspaper, said 41% of Danes now see the United States as a threat. It also said 92% of respondents either “agree” or “mostly agree” that the Nordic nation needs to rely more on the European Union than the US for its security.

Given the recent tensions between Washington and Copenhagen, those statistics may not be surprising.

Since his return to the White House, Trump has spoken frequently and aggressively about Greenland, an autonomous crown dependency of Denmark, saying he would like the US to own it.

Vice President JD Vance and members of the Trump family have made what many see as provocative trips to and statements about the world’s largest island.

After Vance’s visit to the US military’s Pituffik Space Base in Greenland in March, Danish Prime Minister Mette Frederiksen pushed back on his claim that Denmark isn’t doing enough for defense in the Arctic, calling her country “a good and strong ally.”

Back in Trump’s first administration, too, Greenland was a hot topic. In 2019, he reportedly accused Frederiksen of making a “nasty” and “absurd” statement in discussions about the island.

Sinking trust in Trump

“Now we have a different Denmark,” she said.

“Things have dramatically changed in Denmark and our attitude toward Europe,” she said, without mentioning the president’s name directly.

She was also very clear that Denmark feels a sense of disappointment in its longtime ally.

Denmark would still like to have a strong relationship with the US, Bjerre said, “but in a situation where the US is closing itself more around itself… is threatening us with tariffs and also criticizing Europe, our freedom of expression and all sorts of other things. Of course, in that situation, we have to be stronger on our own.”

She added, “The world order, as we have known it since the Second World War, is changing and we have to deliver to that geopolitical new situation that we are standing in.”

The minister also referenced the historic ties and shared past experiences of both nations, expressing a degree of frustration, if not anger, about how that relationship has changed.

“You could not put a paper in between the US and Denmark, we have always supported the US. We went into war with our soldiers in Iraq and Afghanistan… Seeing us, as a country, being criticized for not being a good ally, of course, that does affect our opinion,” Bjerre said.

Per capita, Denmark lost the second-highest number of soldiers of all the US-led coalition partners fighting in Afghanistan. In total, 43 Danish soldiers died, equating to 7.82 deaths per million citizens. The US, by comparison, lost 7.96 soldiers per million.

“We used to be a very, very transatlantic country… that has plummeted,” said Friis. “There is now the feeling… we simply cannot trust him,” she said – the “him” being Trump.

‘Huge’ change in tone

The shift in Danes’ opinions coincides with Denmark taking up the rotating, six-month EU presidency.

Denmark has long worried about the EU wading into Danes’ lives, fearing in particular for its relatively unregulated labor market. It has various opt-outs on EU policy, including not joining the EU’s single currency, the euro.

“We do things differently to other European nations,” said Bjerre.

Politicians and citizens used to fear that the EU “would become too dominating and too powerful,” Friis said, but now “the fear is the complete opposite.” Danes feel the bloc is “too weak” to deal with Putin to the East and Trump to the West, she said.

Friis also described the prime minister’s shift in tone as “huge,” saying Frederiksen used to be “very skeptical towards the EU.”

In June, Frederiksen announced that Denmark was quitting the so-called “Frugal Four,” an informal group of EU nations that had pushed to limit common spending, saying that “the most important thing is to rearm Europe.”

Laying out Denmark’s priorities for the EU presidency later that month, she reiterated that view, saying: “Now more than ever Europe needs to step up and stand together. We have to build an even stronger Europe, a more secure Europe where we are able to protect our democracies.”

EU-commissioned, biannual polls show a clear trend of increased trust in the EU over the past two decades, rising from 46% in spring 2005 to 74% this past spring. Steeper increases can be seen during Trump’s first term, after Russia’s full-scale invasion of Ukraine, and as Trump’s second term began.

The war in Ukraine has had a significant influence on Danish views on the EU, Friis said.

“The very fact that you had a war in our backyard has sort of created a completely new sort of atmosphere around security in Denmark, people are worried. People are prepping now because they’re scared about what could happen also to our own security,” she said.

Bjerre said Copenhagen’s EU presidency would prioritize a “stronger Europe and a changing world,” with Europe having a real focus on security.

Denmark takes the European helm, then, at a time of increasingly pro-European sentiment among its own population and a wider recognition in Europe that it must do more to stand on its own. The problem is that some of Europe’s most pressing issues – Ukraine, trade tariffs and security – mean talking to the US and Trump. And at the moment, there may not be much love lost between the two.

This post appeared first on cnn.com

The first time I remember celebrating the Fourth of July was during the American bicentennial in 1976. As children living in New York City, my parents woke my sisters and I up early to see the Parade of Tall Ships as it entered the Hudson River. Even as a kid, this magnificent display conveyed to me a sense of the grand power of the U.S. The extraordinary event also offered me another feeling: that America, my home country, would do anything and everything in its power to keep me, my family, and indeed, all of its citizens, safe.

This Fourth of July, Americans will find themselves in two very different realities. Most will be surrounded by family and friends, enjoying baseball, hot dogs and ice cream cones. But for my American family, as well as dozens of other families of hostages, this day will be a stark contrast. On this day that celebrates freedom, my son Itay will spend the Fourth of July like he has the last 637 days – likely alone, in the cold, dark tunnels of Hamas in Gaza. He and 49 other hostages remain stripped of their freedom, while their families are in limbo, not able to embrace the holiday of independence. We need to remember, especially on this day, that Hamas is still holding Americans hostage, and 50 hostages in total.

On this day, we must look past the haze of fireworks and remember that the Fourth of July is about something more. It’s about celebrating our hard-fought, long-defended freedom and knowing that an attack on the freedom of any American – and taking them hostage – is an attack on the freedom of us all. Taking U.S. citizens as hostages should be a liability, not an asset, with severe consequences attached. So long as Hamas holds U.S. citizens, we are letting evil and terrorism win.

My son was 19 when he was taken hostage. On this Independence Day, he can no longer watch the Mets games with his brothers, something he loved and cherished. He can no longer try to strike me out in the neighborhood pickup game, or check in every five minutes at the grill asking when the food will be ready. On this Independence Day, his lack of freedom rings loudly.

This Fourth of July, my family and I will wake up again to the same nightmare we do every day, where every moment begs the same agonizing question: Where is my son, and what can we do to get him back?

Right now, all of our energy is focused on one thing. As every parent knows, when your child disappears from your sight – even for a few moments at a playground or store – panic sets in instantly. But when your child is kidnapped, especially by terrorists, the only thing you can think about is getting them back, whatever their condition. Until we can embrace Itay again, we cannot even begin to process what lies ahead or plan for the future. It’s impossible to move forward when this remains an open wound.

After the historic wins over Iran, Hezbollah, and yes, Hamas, now is the time for us to pause and adopt President Donald Trump’s policy of ‘Peace Through Strength.’ It is time for Israeli Prime Minister Benjamin Netanyahu to collaborate with the U.S. and bring the hostages back. The U.S. was successful last month in bringing New Jersey native Edan Alexander back home, independent of Israel, but it needs Israel to bring the remaining others out.

No fan of half-measures, President Trump is in a prime position to pull off the ‘Big Beautiful Deal,’ a comprehensive diplomatic initiative which would end hostilities in both Iran and Gaza, secure the release of all 50 remaining hostages in Gaza – including my son – and help stabilize the entire Middle East through a carefully negotiated framework.

President Trump is uniquely positioned to drive such an initiative forward. During his previous presidency, he successfully brokered the Abraham Accords, achieving what many had previously considered near impossible normalization between Israel and several Arab nations. The Big Beautiful Deal would be a direct extension of this diplomatic milestone, offering a more comprehensive and regional approach to peacemaking. The president’s unorthodox style has demonstrated that breakthroughs are possible even in the most entrenched conflicts.

America defined the values of freedom and human dignity that we celebrate on the Fourth of July. They didn’t come easily – we had to fight for them, good versus evil – and our continued defense of democracy is an essential part of the American identity.

In the last few months, my family has met Vice President JD Vance, FBI Director Kash Patel, Attorney General Pam Bondi and others who promise us that President Trump’s policy of ‘America First’ is not hollow words and ‘America First’ prioritizes the release of American hostages and those unlawfully detained all around the world, including Gaza. 

To date, the Trump administration has been able to release 47 such Americans, and we pray Itay will be one of them as well soon. This Fourth of July, keep in mind that there was an attack on our freedom on Oct. 7, and fellow Americans remain in captivity. I call on President Trump: Do everything in your power to quash terrorism, and ensure that freedom wins the day with the release of the hostages.

This post appeared first on FOX NEWS

In the wake of the 12-day war between Israel and Iran, the regime appears to be turning inward — escalating repression with chilling speed. 

According to Kasra Aarabi, director of IRGC research at United Against Nuclear Iran, the Islamic Republic is accelerating toward what he said is a ‘North Korea-style model of isolation and control.’

‘We’re witnessing a kind of domestic isolation that will have major consequences for the Iranian people,’ Aarabi told Fox News Digital. ‘The regime has always been totalitarian, but the level of suppression now is unprecedented. It’s unlike anything we’ve seen before.’

A source inside Iran confirmed to Fox News Digital that ‘the repression has become terrifying.’

Aarabi, who maintains direct lines of contact in Iran, described a country under siege by its own rulers. In Tehran, he described how citizens are stopped at random, their phones confiscated and searched. ‘If you have content deemed pro-Israel or mocking the regime, you disappear,’ he said. ‘People are now leaving their phones at home or deleting everything before they step outside.’

This new wave of paranoia and fear, he explained, mirrors tactics seen in North Korea — where citizens vanish without explanation and information is tightly controlled. During the recent conflict, Iran’s leadership imposed a total internet blackout to isolate the population, blocking Israeli evacuation alerts, and pushed propaganda that framed Israel as targeting civilians indiscriminately.

‘It was a perverse objective,’ Aarabi said, adding, ‘They deliberately cut communications to instill fear and manipulate public perception. For four days, not a single message went through. Even Israeli evacuation alerts didn’t reach their targets.’

The regime’s aim, he said, was twofold: to keep people off the streets and erode the surprising bond that had formed between Iranians and Israelis. ‘At the start of the war, many Iranians welcomed the strikes,’ Aarabi noted. ‘They knew Israel was targeting the IRGC — the very forces responsible for suppressing and killing their own people. But once the internet was cut and fear set in, some began to question what was happening.’

Dr. Afshon Ostovar, a leading Iran scholar and author of ‘Vanguard of the Imam: Religion, Politics, and Iran’s Revolutionary Guards,’ said domestic repression remains the regime’s most reliable strategy for survival. 

‘Repressing the people at home is easy. That’s something they can do. So it’s not unlikely that Iran could become more insular, more autocratic, more repressive — and more similar to, let’s say, a North Korea — than what it is today. That might be the only way they see to preserve the regime: by really tightening the screws on the Iranian people, to ensure that the Iranian population doesn’t try to rise up and topple the regime,’ he told Fox News Digital.

Inside the regime’s power structure, the fallout from the war is just as severe. Aarabi said that the Islamic Revolutionary Guard Corps (IRGC) is facing an internal crisis of trust and an imminent purge. ‘These operations couldn’t have taken place without infiltration at the highest levels,’ he said. ‘There’s immense pressure now to clean house.’

The next generation of IRGC officers — those who joined after 2000 — are younger, more radical and deeply indoctrinated. Over half of their training is now ideological. Aarabi said that these newer factions have begun turning on senior commanders, accusing them of being too soft on Israel or even collaborating with Mossad.

‘In a twist of irony, Khamenei created these extreme ideological ranks to consolidate power — and now they’re more radical than he is,’ Aarabi said. ‘He’s struggling to control them.’

A purge is likely, along with the rise of younger, less experienced commanders with far higher risk tolerance — a shift that could make the IRGC more volatile both domestically and internationally. With Iran’s conventional military doctrine in ruins, terrorism may become its primary lever of influence.

‘The regime’s three pillars — militias, ballistic missiles, and its nuclear program — have all been decapitated or severely degraded,’ Aarabi said. ‘That leaves only asymmetric warfare: soft-target terrorism with plausible deniability.’

Despite the regime’s brutal turn inward, Aarabi insists this is a sign of weakness, not strength. ‘If the Islamic Republic were confident, it wouldn’t need to crush its people this way,’ he said. ‘It’s acting out of fear. But until the regime’s suppressive apparatus is dismantled, the streets will remain silent — and regime change remains unlikely.’

This post appeared first on FOX NEWS

CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (the ‘Corporation‘) is pleased to announce that it has completed a second closing (the ‘Second Closing‘) of its previously announced financing pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the ‘LIFE Offering‘) and concurrent private placement (the ‘Private Placement‘ and together with the LIFE Offering, the ‘Offerings‘) of up to an aggregate of 12,820,512 units (each, a ‘Unit‘) at a price of $0.78 per Unit for aggregate gross proceeds of up to $10,000,000 (comprised of $5,000,000 under the LIFE Offering and $5,000,000 under the Private Placement). Each Unit consists of one common share in the capital of the Corporation (each a ‘Common Share‘) and one Common Share purchase warrant (each a ‘Warrant‘). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $1.20 for a period of 18 months following the issuance of the Units.

CoTec is also pleased to note that the aggregate target of $10,000,000 under the Offerings are now fully subscribed for and that the Corporation will be closing the financing on or around July 9, 2025 to allow for subscription agreements received but not yet finalised to be processed.

Pursuant to the Second Closing, the Corporation issued a total of 2,306,753 Units for aggregate gross proceeds of $1,799,270.36 under the LIFE Offering and 1,080,723 Units for aggregate gross proceeds of $842,964.90 under the Private Placement. Together with the initial closing under the Offerings, the Corporation has issued an aggregate total of 5,039,065 Units for aggregate gross proceeds of $3,930,474.27 under the LIFE Offering and 5,027,854 Units for aggregate gross proceeds of $3,921,728.72 under the Private Placement. The Corporation will use the net proceeds of the Offerings to fund the detailed design and engineering at HyProMag USA LLC, the Corporation’s drilling program at its Lac Jeannine property, further investment obligations and for general corporate purposes.

In connection with the Second Closing, the Corporation paid cash fees and compensation warrants (‘Compensation Warrants‘) to certain agents and finders as follows: $70,540.47 and 90,437 Compensation Warrants to ECM Capital Advisors Ltd.; $6,000.00 and 7,692 Compensation Warrants to Odeon Capital Group LLC; $40,799.91 and 52,308 Compensation Warrants to Integrity Capital Group Inc.; and $12,237.12 and 15,689 Compensation Warrants to INTE Securities LLC.

All securities issued to investors in connection with the Private Placement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada.

About CoTec

CoTec is a publicly traded investment issuer listed on the TSXV and the OTCQB and trades under the cymbol CTH and CTHCF respectively. CoTec is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employes a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec’s strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector.

For more information, please visit www.cotec.ca.

Forward-Looking Information Cautionary Statement

Statements in this press release regarding the Company, its exepctations regarding the final closing of the Offerings, its investments and the Offerings which are not historical facts are ‘forward-looking statements’ that involve risks and uncertainties, including statements relating to management’s expectations with respect to its current and potential future investments and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

Actual results in each case could differ materially from those currently anticipated in such statements, due to known an unknown risks and uncertainties affecting the Company, including by not limited to: general economic, political and market factors in North America and internationally, interest and foreign exchange rates, changes in costs of goods and services, global equity and capital markets, business competition, technological change, changes in government relations, industry conditions, unexpected judicial or regulatory proceedings and catastrophic events. The Company’s investments are being made in mineral extraction related assets and technologies which are subject to their own inherent risks and the success of such Investments may be adversely impacted by, among other things: environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social disruptions. As the investments are being made in mineral extraction technology, such investments will also be subject to risks of successful application, scaling and deployment of technology, acceptability of technology within the industry, availability of assets where technology could be applied, protection of intellectual property in relation to such technology, successful promotion of technology and success of competitor technology. Any material adverse change in the Company’s financial position or a failure by the Company to successfully make investments in the manner currently contemplated, could have a corresponding material adverse change on the investments and, by extension, the Company.

For further details regarding risks and uncertainties facing the Company, please refer to ‘Risk Factors’ in the Company’s filing statement dated April 6, 2022 and its other continuous disclosure documents, copies of which may be found under the Company’s SEDAR+ profile at www.sedarplus.com. The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this press release and are encouraged to read the Company’s continuous disclosure documents, which are available on SEDAR+ at www.sedarplus.ca.

For further information, please contact:

Braam Jonker – (604) 992-5600

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

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

Source

Click here to connect with CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) to receive an Investor Presentation

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Company reinforces strategic pivot to carbon credit market with expanded global footprint and verified removals

Hempalta Corp. (TSXV: HEMP) (‘Hempalta’ or the ‘Company’), a Canadian-based provider of nature-based carbon credit solutions, is pleased to announce that Farm Credit Canada (‘FCC’) has granted a 90-day extension to its current forbearance agreement (the ‘Extension’). The Extension runs to September 30, 2025, providing the Company with critical flexibility as it advances several strategic initiatives, including a planned equipment sale, ongoing carbon credit inventory sales, and new investor engagement efforts.

‘We appreciate the additional runway this extension provides as we focus on delivering value for our stakeholders through our monetization plan and the continued growth of our carbon-first strategy under the Hemp Carbon Standard,’ said Darren Bondar, President and CEO of Hempalta.

2024 Carbon Credits Certified by Control Union

Hempalta is pleased to announce that its 2024 carbon credit inventory has now been fully certified by third-party auditor Control Union. A total of 29,448 Verified Carbon Credits (‘VCCs’) were issued under the Company’s ISO 14064-2 certified methodology, bringing its total verified carbon sequestration to 44,773 tonnes of CO₂ over the past two years.

The 2024 program included:

  • 38 farms across 209 sites
  • 12,669 monitored acres
  • Global operations spanning Canada, USA, UK, Ukraine, Sweden, Germany, and Australia

Hempalta continues to deploy advanced MRV technology, including remote sensing, satellite monitoring, and AI-based data aggregation to ensure transparency and scientific integrity.

Forward Outlook

With the Extension and the completion of its 2024 credit certification, Hempalta is now well-positioned to accelerate the sale of its current processing equipment and execute the next phase of its carbon-first growth strategy.

The Company continues to advance its 25,000-acre Alberta hemp and biochar carbon removal program, which is projected to generate 100,000 verified carbon credits annually. This initiative represents one of Canada’s largest nature-based carbon projects, and Hempalta is actively seeking strategic partners and long-term offtake buyers to support its multi-year scaling efforts.

In parallel, Hempalta’s 2025 monitoring and field data collection is already underway across farms in Canada, USA, UK, Ukraine, Sweden, Germany, and Australia. ‘The market is demanding higher-integrity removal credits, and that’s exactly what we deliver,’ said Bondar. ‘Our expanded global footprint, certified methodologies, and growing buyer interest position us to lead the next generation of nature-based carbon solutions.’ Organizations interested in partnering or purchasing credits can contact: carboncredits@hempalta.com.

About Hempalta Corp.

Hempalta Corp. (TSXV: HEMP) is advancing scalable, nature-based carbon removal through industrial hemp and on-farm biochar deployment. Through its subsidiary Hemp Carbon Standard, the Company provides ISO-certified carbon credits verified via AI, satellite monitoring, and blockchain infrastructure.

Media Contact:
Darren Bondar
CEO, Hempalta Corp.
invest@hempalta.com
www.hempalta.com | www.hempcarbonstandard.org | www.trustedcarbon.org |

TSXV: HEMP

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 press release.

Forward-Looking Information

This news release contains statements and information that, to the extent they are not historical fact, may constitute ‘forward-looking information’ within the meaning of applicable securities legislation. Forward-looking information is typically, but not always, identified by the use of words such as ‘expects,’ ‘plans,’ ‘continues,’ ‘intends,’ ‘anticipates,’ ‘potential,’ ‘aims,’ ‘will,’ and similar words, including negatives thereof, or other similar expressions concerning matters that are not historical facts.

Forward-looking information in this news release includes, but is not limited to, statements regarding: the Company’s ability to secure new strategic partnerships; the Company focusing on nature-based carbon credit generation; the Company scaling carbon credit issuance, including its Alberta-based program targeting 100,000 credits annually; the successful sale of verified 2024 carbon credits; the success of the 2025 monitoring program; the Company’s ability to complete its planned equipment sale; the ongoing support from Farm Credit Canada during the forbearance period; the Company seeking to establish multi-year offtake agreements; and Hempalta’s focus on unlocking long-term value through its pivot to carbon markets, including the development of a scalable platform to support nature-based climate solutions.

Such forward-looking information is based on various assumptions and factors that may prove to be incorrect, including, but not limited to: continued support from major shareholders and new investors; demand for nature-based carbon removal credits; successful onboarding of additional farmers and Indigenous partners; favorable regulatory conditions; availability and deployment of biochar systems at scale; supportive market conditions and regulatory alignment in Alberta and internationally; the Company’s ability to maintain forbearance terms and execute its strategic plan; and the successful certification and sale of carbon credits.

Although the Company believes that the assumptions and factors on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that it will prove to be correct or that any of the events anticipated will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

Actual results may vary from those currently anticipated due to a number of factors and risks, including, but not limited to: economic conditions and capital market volatility; changes in carbon credit market demand or pricing; regulatory changes; operational risks, including the ability to implement the Hemp Carbon Standard program at scale; the Company’s limited financial resources and ongoing need for capital; the risk that the Company may not generate sufficient revenue or complete its asset sale; delays in technology deployment or verification; inability to retain key personnel; and weather-related challenges impacting hemp cultivation.

The forward-looking information included in this news release is made as of the date of this release and the Company does not undertake an obligation to publicly update such forward-looking information to reflect new information, subsequent events, or otherwise, except as required by applicable law.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRES

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257791

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