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Gabbard launches ‘ODNI 2.0,’ with plan to cut workforce by 40%

Director of National Intelligence Tulsi Gabbard announced a transformation of the agency Wednesday that will cut the ‘bloated’ ODNI by more than 40% by the end of the year and save taxpayers more than $700 million annually, all while executing its core national security and intelligence mission ‘in the most agile, effective, and efficient way.’

Gabbard, on Wednesday, announced what she described as a ‘long-overdue’ transformation, that will refocus ODNI and eliminate offices that were involved in the politicization of intelligence. 

‘Over the last 20 years, ODNI has become bloated and inefficient, and the intelligence community is rife with abuse of power, unauthorized leaks of classified intelligence, and politicized weaponization of intelligence,’ Gabbard said. ‘ODNI and the IC must make serious changes to fulfill its responsibility to the American people and the U.S. Constitution by focusing on our core mission: find the truth and provide objective, unbiased, timely intelligence to the President and policymakers. Ending the weaponization of intelligence and holding bad actors accountable are essential to begin to earn the American people’s trust which has long been eroded.’

Gabbard said that ‘under President Trump’s leadership, ODNI 2.0 is the start of a new era focused on serving our country, fulfilling our core national security mission with excellence, always grounded in the U.S. Constitution, and ensuring the safety, security, and freedom of the American people.’ 

ODNI was first created after the 9/11 terror attacks and exposed systemic failures across the intelligence community. ODNI’s purpose was to integrate intelligence from and provide oversight over all intelligence community elements in order to ensure the intelligence provided to the president and policymakers was ‘timely, accurate, and apolitical.’

‘Unfortunately, two decades later, ODNI has fallen short in fulfilling its mandate,’ an ODNI spokesperson said.

ODNI 2.0 is set to eliminate ‘redundant missions, functions and personnel,’ and is set to make ‘critical investments’ in areas that support Trump’s national intelligence priorities.

ODNI officials said that ODNI 2.0 will focus on rebuilding trust, exposing politicization and weaponization of intelligence, holding bad actors accountable, saving American tax dollars, and focusing on their ‘core mission,’ which is to protect ‘the safety, security, and freedom of the American people.’

As part of the effort, Gabbard is closing ODNI’s Reston Campus and moving the National Intelligence Council to the main ODNI campus, which will ensure the all essential intelligence functions are kept ‘under one roof,’ which officials say will ‘enable savings,’ and will ensure ‘greater efficiency and oversight, and integration across the ODNI and IC.’

Gabbard is also leading intelligence community-wide reforms for ‘efficient and effective operations.’ Gabbard is expected to issue guidance to create a streamlined contracting authority for companies that pursue emerging technologies, and that are already approved for business with the IC to provide services quickly.

Gabbard is also leading an IC-wide effort to ‘rebalance and optimize’ its civilian and contractor workforce to ‘reduce bloat, increase analytic capability, remove stovepipes, eradicate politicization and analytic bias, accelerate information sharing, and increase efficiency to ensure mission success,’ officials said.

Meanwhile, Gabbard has also ended non-merit-based recruitment of intelligence community professionals.

As for ODNI components, the National Counterterrorism Center is building capability to increase two-way information sharing between federal, state, and local law enforcement to secure borders and communities.

As for the National Counterintelligence and Security Center, Gabbard is calling for a renewed focus on security clearance reform, deterring counterintelligence threats, and oversight of investigations and probes of unauthorized leaks of classified information.

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Russian drone crashes in Polish field as Warsaw protests airspace violation and plans formal complaint

A Russian drone may have crashed in a field in Poland, a move the country’s deputy prime minister called a ‘provocation,’ as the United States and European leaders continue to push Moscow to end its war in Ukraine. 

The drone hit a cornfield in the village of Osiny in the eastern Lublin province, about 62 miles from Poland’s border with Ukraine, Reuters reported. 

Deputy Prime Minister Wladyslaw Kosiniak-Kamysz, who also serves as defense minister, said Wednesday’s incident was similar to cases in which Russian drones flew into Lithuania and Romania, and could be linked to efforts to end the war in Ukraine, according to the outlet. 

‘Once again, we are dealing with a provocation by the Russian Federation, with a Russian drone. We are dealing with it in a crucial moment, when discussions about peace (in Ukraine) are underway,’ Kosiniak-Kamysz told journalists.

Foreign Ministry spokesperson Pawel Wronski told Reuters that some experts have suggested a Russian version of the Shahed drone developed by Iran was involved in the latest incident.

Polish Gen. Dariusz Malinowski said the drone had a Chinese engine and appeared to be a decoy that was designed to self-destruct.

The blast shattered windows in several homes, but nobody was injured, the Polish PAP news agency reported.

Police recovered burnt metal and plastic debris at the site.

‘I was sitting in my room at night, around midnight, maybe, and I heard something just bang,’ local resident Pawel Sudowski told local news website Lukow.tv. ‘It exploded so loudly that the whole house simply shook.’

On X, Polish Foreign Minister Radoslaw Sikorski said his ministry would issue a protest against the airspace violation, without naming the perpetrator. 

‘Another violation of our airspace from the East confirms that Poland’s most important mission towards NATO is the defence (sic) of our own territory,’ he wrote. 

The incident came as the Trump administration continues to broker talks between Russia and Ukraine to end the bloody three-year conflict. On Monday, Trump hosted Ukrainian President Volodymyr Zelenskiy and a group of European leaders at the White House.

On Friday he met with Russian President Vladimir Putin in Alaska. 

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Russian drone crashes in Polish field; Warsaw protests airspace violation and plans formal complaint

A Russian drone may have crashed in a field in Poland, a move the country’s deputy prime minister called a ‘provocation’ as the United States and European leaders continue to push Moscow to end its war in Ukraine. 

The drone hit a cornfield in the village of Osiny in the eastern Lublin province, about 62 miles from Poland’s border with Ukraine, Reuters reported. 

Deputy Prime Minister Wladyslaw Kosiniak-Kamysz, who also serves as defense minister, said Wednesday’s incident was similar to cases in which Russian drones flew into Lithuania and Romania and could be linked to efforts to end the war in Ukraine, according to the outlet. 

‘Once again, we are dealing with a provocation by the Russian Federation, with a Russian drone. We are dealing with it in a crucial moment, when discussions about peace (in Ukraine) are underway,’ Kosiniak-Kamysz told journalists.

Foreign Ministry spokesperson Pawel Wronski told Reuters some experts have suggested a Russian version of the Shahed drone developed by Iran was involved in the latest incident.

Polish Gen. Dariusz Malinowski said the drone had a Chinese engine and appeared to be a decoy that was designed to self-destruct.

The blast shattered windows in several homes, but nobody was injured, the Polish PAP news agency reported.

Police recovered burnt metal and plastic debris at the site.

‘I was sitting in my room at night, around midnight, maybe, and I heard something just bang,’ local resident Pawel Sudowski told local news website Lukow.tv. ‘It exploded so loudly that the whole house simply shook.’

On X, Polish Foreign Minister Radoslaw Sikorski said his ministry would issue a protest against the airspace violation without naming the perpetrator. 

‘Another violation of our airspace from the East confirms that Poland’s most important mission towards NATO is the defence (sic) of our own territory,’ he wrote. 

The incident came as the Trump administration continues to broker talks between Russia and Ukraine to end the bloody three-year conflict. On Monday, Trump hosted Ukrainian President Volodymyr Zelenskyy and a group of European leaders at the White House.

On Friday, he met with Russian President Vladimir Putin in Alaska. 

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NATO defense chiefs stress commitment to Ukraine, discuss security guarantees during virtual summit

The NATO Chiefs of Defense reaffirmed support for Ukraine in a virtual meeting Wednesday in Brussels that included all 32 allied military leaders and featured the first briefing in this format led by U.S. Gen. Alexus Grynkewich, the new Supreme Allied Commander Europe (SACEUR).

U.S. Joint Chiefs of Staff Chairman Gen. Dan Caine attended the meeting virtually, along with Grynkewich, who also leads U.S. European Command, U.S. officials confirmed to Fox News on Tuesday.

NATO officials said in a statement that the ‘candid discussion’ centered on what security guarantees the alliance might provide Ukraine as part of a potential peace agreement to end Russia’s three-year war.

Col. Martin O’Donnell, spokesperson for Supreme Headquarters Allied Powers Europe, wrote on X that ‘the Supreme Allied Commander was honored to brief the Chiefs of Defense, his first in such a format. As he has said before, ‘these are consequential times.”

‘NATO has faced important times before — and these have only made our Alliance stronger. As we work through these important issues, we will all stay informed, engaged, and united in the defense of the Euro-Atlantic region and with NATO’s ongoing support to Ukraine as progress towards peace continues,’ he added.

The Chair of NATO’s Military Committee also praised the discussions, writing on X that it was a ‘great, candid discussion among NATO Chiefs of Defence’ and an ‘excellent update on the security environment from our new SACEUR, his first with us.’

The chair added that the meeting confirmed support for Ukraine, emphasizing the alliance’s focus on a ‘just, credible and durable peace’ and praising the ‘relentless courage’ of Ukrainian forces.

According to the Associated Press, assurances that Ukraine won’t face another invasion are seen as central to any settlement, with Kyiv pressing for Western-backed military commitments, including weapons and training. European allies are working on options for a multinational security force that could backstop a peace deal.

Wednesday’s virtual session unfolded against the backdrop of President Donald Trump’s push to steer Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy toward a settlement. Trump met with Putin last Friday in Alaska and hosted Zelenskyy and European leaders at the White House on Monday. 

The reaffirmations come a day after Caine convened a smaller meeting in Washington with defense chiefs from Germany, the U.K., France, Finland and Italy to prepare for Wednesday’s broader NATO discussions.

Russian Foreign Minister Sergey Lavrov criticized NATO discussions on Ukraine’s security conducted without Moscow’s involvement, warning that ‘this will not work’ and vowing Russia would ‘ensure its legitimate interests firmly and harshly,’ RIA Novosti reported, according to AP.

The White House did not immediately return Fox News Digital’s request for comment.

The Associated Press contributed to this report.

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Trump-aligned legal group probes Biden-era organ transplant program over ethical concerns

A Trump-aligned legal group founded by White House aide Stephen Miller filed Freedom of Information Act requests Thursday targeting a Biden organ transplant program that critics warn could be open to abuse.

The requests from America First Legal went to the Department of Health and Human Services, the Centers for Medicare & Medicaid Services, and the Health Resources and Services Administration. At issue is the Increasing Organ Transplant Access Model, a six-year mandatory program finalized in December 2024 and set to take effect in July 2025, which aims to expand access to kidney transplants but has drawn criticism from Trump officials who warn it may be vulnerable to outside influence.

The model builds on earlier payment experiments, testing whether financial rewards and penalties can improve care and expand access for Medicare and Medicaid patients.

Trump officials and allies, including America First Legal, argue the system risks distortion by outside interests — a charge that prompted AFL’s FOIA requests as part of a broader investigation.

They cited in part recent findings from an HRSA-led probe published earlier this year. That investigation suggested third-party groups or for-profit organizations ‘may have unduly influenced the IOTA Model’— though their exact role or the extent they may have done so is unclear.

HHS Secretary Robert F. Kennedy Jr. also cited concerns from the study, which the department said in a statement ‘revealed clear negligence and disturbing practices’ by a large organ procurement organization in the U.S., prompting him to launch a new reform initiative.

In previewing the FOIA requests to Fox News Digital, AFL cited related concerns about patient safety, ethical misconduct, and discrimination in organ allocation, among other things.

The requests ask HHS, CMS and HRSA for a long list of information regarding the program and related correspondence — including emails, letters and memos between agency personnel and third-party representatives about the development or implementation of the IOTA Model. They also seek meeting records, agendas and summaries of discussions involving agency staff and outside officials.

The payment model will affect more than 100 U.S. transplant hospitals over six years, imposing mandatory financial incentives and penalties tied to a final performance score.

IOTA was touted as a way to help increase access to organ donors and transplants in the U.S. and help address the long waiting list of patients awaiting a transplant, which as of last fall stood at roughly 90,000 people.

Participating hospitals are evaluated for their performance in three key areas, according to CMS’s final rule, which took force in July, including the volume of kidney transplants, their matching efficiency, and post-transplant outcomes of their patients. But the role outside groups have played, including during the process of drafting the final rule, has prompted criticism and calls for additional scrutiny from Trump allies, including AFL. 

Self-interested third parties should play no role in shaping America’s organ transplant policy,’ AFL counsel Laura Stell told Fox News Digital in a statement previewing the FOIA requests and broader investigation.

‘Where monetary incentives and penalties come into play, there must be utmost certainty that CMS developed the program without influence from entities with improper motives.’

America First Legal, though not officially part of the Trump administration, was founded by longtime Trump adviser Stephen Miller after Trump’s first presidential term. 

Miller stepped down from AFL before rejoining the White House in 2025 as Trump’s deputy chief of staff. 

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Stallion Uranium Completes First Tranche of Non-Brokered Private Placement and Announces Upsizing

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

Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement of units and flow-through units (the ‘ Offering ‘). This closing consisted of 21,239,800 units of the Company (each a ‘ NFT Unit ‘) at a price of $0.20 per NFT Unit for aggregate gross proceeds of $4,247,960 and 1,315,000 flow-through units (each a ‘ FT Unit ‘) at a price of $0.20 per FT Unit for aggregate gross proceeds of $263,000.

Each FT Unit consists of one flow-through common share of the Company as defined in the Income Tax Act (Canada) (a ‘ FT Share ‘) and one FT Share purchase warrant (each a ‘ FT Warrant ‘). Each FT Warrant entities the holder to purchase one additional FT Share in the capital of the Company (a ‘ FT Warrant Share ‘) at a price of $0.26 per FT Warrant Share for a period of 60 months from the closing of the date of issuance.

Each NFT Unit consists of one non-flow-through common share in the capital of the Company (a ‘ NFT Share ‘) and one share purchase warrant (a ‘ NFT Warrant ‘). Each NFT Warrant entitles the holder to purchase one additional non-flow-through common share in the capital of the Company (a ‘ NFT Warrant Share ‘) at a price of $0.26 per NFT Warrant Share for a period of 60 months from the date of issuance.

The NFT Units and FT Units issued pursuant to the first tranche of the Offering are subject to a four-month hold period under applicable Canadian securities laws that expires on December 21, 2025.

In connection with the closing of the first tranche of the Offering, the Company issued an aggregate of 668,003 NFT Shares and 668,003 non-transferable NFT Share purchase warrants (the ‘ Finder’s Warrants ‘) to eligible arms’ length finders, DJ Sheehan Consulting Limited and Edward Marlow. Each Finder’s Warrant is exercisable into one NFT Share (a ‘ Finder’s Warrant Share ‘) at a price of $0.26 per Finder’s Warrant Share for a period of 60 months from the date of issuance. In connection with the first tranche of the Offering, the Company has paid cash finder’s fees totaling an aggregate of $173,976.67 to Accilent Capital Management Inc. and DJ Sheehan Consulting Limited.

Upsizing of the Offering:

Due to market demand, the Company has increased the size of the Offering from up to $12,000,000 to up to $15,000,000. The Company anticipates completing a second closing of the Offering on or before August 30, 2025.

The upsized Offering will consist of up to a combined aggregate of 75,000,000 FT Units and NFT Units for aggregate gross proceeds of up to $15,000,000. The Company anticipates that, upon completion of all tranches of the Offering, a new Control Person (as defined below), Mr. Matthew Mason (‘ Mr. Mason ‘), will be created though Mr. Mason’s anticipated purchase of 15,000,000 FT Units. Mr. Mason’s subscription is subject to obtaining requisite approval from the disinterested shareholders of the Company (as further described below) and the TSX Venture Exchange (the ‘ TSXV ‘).

The gross proceeds raised from the issuance of the FT Units will be used by the Company to incur exploration expenditures on the Company’s resource claims in the province of Saskatchewan and will constitute ‘Canadian exploration expenses’ as defined in the Income Tax Act (Canada). The net proceeds raised from the issuance of the NFT Units will be used by the Company for exploration and development activities of its Athabasca Basin properties and for working capital and general corporate purposes.

Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the TSXV. Policy 4.1 of the TSXV Corporate Finance Manual requires disinterested shareholder approval where a transaction creates a shareholder that holds or controls 20% or more of an issuer’s shares (a ‘ Control Person ‘). The Company anticipates that Mr. Mason’s purchase of FT Units under the Offering will create a new Control Person pursuant to Policy 4.1. To fulfil the requirements of Policy 4.1, the Company intends to seek approval of disinterested shareholders holding or controlling more than 50% of its common shares of the Company to approve the creation of the new Control Person by written consent resolution. All securities issued in connection with the Offering 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.

Finder’s fees may be payable in connection with the completion of further tranches of the Offering in accordance with TSXV policies. In connection with the Offering, the Company has entered into an Advisory Agreement with Canaccord Genuity Corp. (the ‘ Advisor ‘), pursuant to which the Advisor shall provide financial advisory, consulting, and support services in connection with the Offering (the ‘ Advisory Services ‘). In consideration for the Advisory Services, subject to the approval of the TSXV, the Company will pay the Advisor a work fee equal to $150,000 (the ‘ Fee ‘). The Fee shall be payable in units at the terms matching those of the NFT Units in the Offering. The Fee Units and the underlying securities issued to the Advisor will be subject to a four month and one day hold period in accordance with Canadian securities laws.

Insiders of the Company will participate in the Offering. Any such participation will be considered a ‘related party transaction’ as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘). The Offering is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of any securities issued to such insiders nor the consideration that will be paid by such persons will exceed 25% of the Company’s market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Stallion Uranium Corp.:

Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.

Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .

On Behalf of the Board of Stallion Uranium Corp.:

Matthew Schwab
CEO and Director

Corporate Office:
700 – 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6

T: 604-551-2360
info@stallionuranium.com

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.

This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, ‘forward-looking statements’) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as ‘will likely result’, ‘are expected to’, ‘expects’, ‘will continue’, ‘is anticipated’, ‘anticipates’, ‘believes’, ‘estimated’, ‘intends’, ‘plans’, ‘forecast’, ‘projection’, ‘strategy’, ‘objective’ and ‘outlook’) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.

Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .

News Provided by GlobeNewswire via QuoteMedia

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West High YieldResources Ltd. Welcomes Final EAO Decision on Record Ridge Magnesium Project

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY,OTC:WHYRF) (FSE: W0H) (the ‘Company’ or ‘West High Yield’) is very pleased to announce that the British Columbia Environmental Assessment Office (the ‘EAO ‘) has issued its Final Designation Decision confirming that the Company’s Record Ridge Industrial Minerals Project (the ‘Project’), near Rossland, British Columbia, will not be designated as a reviewable project under Section 11 of the Environmental Assessment Act (2018) (British Columbia) (the ‘Act’).

The EAO reviewed applications submitted under Section 11 of the Act and concluded that the Project’s potential effects are being appropriately addressed through existing regulatory processes, including the Mines Act (British Columbia) and the Environmental Management Act (British Columbia). The EAO’s Final Designation Report and Reasons for Decision are publicly available on the EAO’s Project Information Centre: EAO EPIC – Record Ridge Project Documents.

This Final Designation Decision follows the EAO’s earlier draft designation report, which reached the same conclusion. West High Yield previously issued a press release on May 28, 2025, welcoming the draft designation report ‘s findings: Read here.

‘We are pleased that the Environmental Assessment Office respected the opinion of the Osoyoos Indian Band and has allowed the Project to proceed,’ said Chief Clarence Louie of the Osoyoos Indian Band. ‘We look forward to working with the leadership of West High Yield to ensure this Project is of the highest standards in keeping with the traditions and expectations of our people.’

‘We are extremely pleased with the EAO’s Final Designation Decision, which validates the rigorous review our Project has already undergone through the Mine Development Review Committee process led by the British Columbia Ministry of Mining and Critical Minerals,’ said the Company’s President and CEO, Frank Marasco Jr. ‘This outcome provides the clarity and certainty we need to advance toward final permitting and development of the Project. We remain committed to building a sustainable operation that delivers critical minerals for Canada while protecting the environment and creating lasting benefits for local communities and Indigenous partners.’

The Project is a unique Canadian source of critical minerals, with a focus on magnesia (MgO) and silica (SiO2) products, both recognized as strategic and essential to the clean energy transition and a low-carbon economy. The Project has been reviewed by the British Columbia Mine Development Review Committee with input from provincial agencies, Indigenous Nations, and local governments, and has already advanced to the draft Mines Act (British Columbia) permit stage.

West High Yield remains committed to working in close collaboration with Indigenous partners, regulators, and stakeholders to ensure the responsible development of the Project as it advances toward final permitting.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its world-class Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions.

The Company’s Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101‘) Preliminary Economic Assessment technical report (titled ‘Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada’) prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company’s profile at https://www.sedarplus.ca.

Qualified Person

Rick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.

Contact Information:

West High Yield (W.H.Y.) RESOURCES LTD.

Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.com

Barry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com

Cautionary Note Regarding Forward-looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263234

News Provided by Newsfile via QuoteMedia

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Morocco, Emmerson Advance Toward US$2.2 Billion Arbitration Over Halted Potash Project

Morocco has appointed its arbitrator in its ongoing legal battle with British miner Emmerson (LSE:EML,OTC Pink:EMMRF) under the International Center for Settlement of Investment Disputes (ICSID) in relation to the halted Khemisset potash project.

The ICSID confirmed on August 15 that Morocco nominated Professor Zachary Douglas KC, an international law scholar with Australian and Swiss nationality, as its representative on the tribunal.

Meanwhile, Emmerson had earlier selected Stanimir A. Alexandrov, a Bulgarian national and veteran of investor-state disputes, whose appointment was registered on August 5.

At the heart of the dispute is Emmerson’s Khemisset potash project, located about 90 kilometers northeast of Rabat.

The deposit, with estimated resources of 311 million tons at an average grade of 10.2 percent potassium oxide, was expected to produce more than 700,000 tons of potash annually over a 19-year mine life.

Emmerson promoted the project as one of the lowest-capital-cost developments globally and a potential anchor for Morocco in the international fertilizer market.

However, this vision unraveled when the Regional Unified Investment Commission (CRUI) issued an unfavorable environmental and social impact assessment. The commission concluded that the project’s projected water consumption could not be reconciled with local resources, effectively halting the development.

Emmerson called the rejection an unlawful interference with its rights under the 1990 Morocco–United Kingdom bilateral investment treaty, which came into force in 2002.

In May, the company filed a formal request for arbitration at ICSID, alleging that Morocco’s actions amounted to expropriation and a violation of investor protections.

The miner is now seeking compensation it values at US$2.2 billion — equivalent to the project’s assessed worth.

The London-based firm has also highlighted backing from a group of investors with prior arbitration experience, including involvement in GreenX’s (ASX:GRX,LSE:GRX) case against Poland.

Morocco, for its part, has appointed prominent attorney Hicham Naciri as its counsel. With both parties’ nominees now in place, the three-member tribunal requires only a jointly accepted president before hearings can begin.

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

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Pinnacle Silver and Gold

Investor Insight

Pinnacle Silver and Gold presents a compelling investment opportunity in the precious metals sector as it continues to advance its flagship high-grade El Potrero project in Mexico and its Red Lake, Ontario assets. The company’s proven business model focuses on rapidly reactivating past-producing mines to generate early cash flow, while simultaneously exploring for district-scale potential, offering a strong value proposition in a bullish gold-silver environment.

Overview

Focused on silver and gold projects in the Americas, Pinnacle is strategically placed to capitalize on the growing demand for these valuable resources. Its core projects include the high-grade El Potrero gold-silver project in Mexico, and the Argosy gold mine and North Birch gold project in Ontario’s Red Lake District – each offering near-term development potential and strong exploration upside.

Pinnacle’s current flagship project, El Potrero, is located within the Sierra Madre Gold Silver Trend.

The company’s investment appeal stems from several key factors:

  • A robust pipeline of projects at various stages of exploration and development
  • Strategic focus on high-potential areas in North and South America
  • Effective capital management practices
  • Aggressive expansion strategy through strategic acquisitions

The company’s business strategy involves the acquisition of past-producing mines that can be put back into production quickly to generate cash flow. By focusing on high-grade, underground mines, Pinnacle can leverage low capex, a smaller operational footprint, easier and faster permitting process and protection against metal price volatility. At the same time, the company conducts brownfield exploration for resource expansion, increasing its potential for district-scale discovery.

Pinnacle’s emphasis on creating shareholder value is evident in its approach to project selection and development. The company’s portfolio is carefully curated to balance near-term production potential with long-term growth prospects, offering investors exposure to both immediate returns and future upside.

Company Highlights

  • Pinnacle Silver and Gold is a Canada-based exploration and development company dedicated to building long-term shareholder value with its silver- and gold-focused assets in North and South America.
  • The company’s flagship El Potrero gold-silver project, located in Mexico’s Sierra Madre Belt, has returned exceptional underground sample grades up to 85.1 grams per ton (g/t) gold and 520 g/t silver, with exploration potential across a 1.6 km strike length.
  • The 100-percent-owned Argosy gold mine and North Birch project are located in the Red Lake District in Northwestern Ontario, a region famous for gold production and high-grade underground mines.
  • The company’s strategy is to generate near-term production from past-producing assets while growing its resource base through modern, brownfields exploration.
  • Pinnacle is led by a highly experienced management team with a successful track record in advancing exploration-stage assets through to production.

Key Projects

El Potrero Gold-Silver Project

El Potrero is a high-grade, past-producing gold-silver project located in the prolific Sierra Madre Belt in Mexico, within 35 km of four operating mines, including Fresnillo’s 4,000 tpd Ciénega Mine. The project comprises two concession blocks totaling 1,074 hectares, which include the historic mines and a 100 tpd on-site processing plant.

Recent Developments (as of July 2025):

  • Geological interpretation highlights a significant quartz-feldspar porphyry dyke as a structural control on gold-silver mineralization.
  • The Dos de Mayo vein system has been mapped over 1.6 km with trench and underground samples showing high-grade mineralization, including 13.2 g/t gold and 2,280 g/t silver from surface grab samples.
  • Work is underway to design an underground and surface drill program to define continuity and guide future mine development.
  • A site inspection of the 100 tpd plant confirmed that the base infrastructure is sound. Refurbishment of key equipment (crusher, mill, Merrill Crowe circuit) is being planned.
  • Permitting efforts are progressing efficiently, aided by the site’s historical disturbance. Baseline studies and formal permitting proposals are underway.

Pinnacle can earn an initial 50 percent interest upon production and increase its ownership of El Potrero to 100 percent subject to a 2 percent NSR, primarily through cash flow-funded payments, offering a low-dilution path to full ownership.

Argosy Gold Mine

Located within the Birch-Uchi Greenstone Belt in Ontario’s Red Lake District, and approximately 10 km from First Mining’s Springpole deposit, the Argosy gold mine produced 101,875 ounces at 12.7 g/t gold from 1931 to 1952. Pinnacle owns 100 percent of the project, subject to a 2.5 percent NSR.

Exploration Highlights:

  • Past drilling intersected high-grade mineralization, including:
    • 14.67 g/t gold over 1.7 m (No. 3 Vein)
    • 12.02 g/t gold over 1.29 m (No. 8 Vein)
    • 11.75 g/t gold over 1.55 m (No. 2 Vein)
  • The project offers strong depth potential, with 2002–2004 drilling intersecting multiple new veins and gold mineralization extending to 400 m vertical depth.

North Birch Gold Project

Located 4 km from the Argosy Mine, North Birch is a 3,850-hectare grassroots project with major upside. The property lies in an underexplored section of the Birch-Uchi Belt and covers a folded and sheared iron formation, interpreted as analogous to Newmont’s Musselwhite Mine.

Exploration Work:

  • LiDAR surveys and IP geophysics have revealed 8+ km of structural breaks with multiple drill targets.
  • 2022 drilling intersected anomalous gold and copper mineralization within structurally deformed and altered iron formations, confirming the favorable structural setting

Management Team

Robert Archer – President, CEO and Director

Robert Archer has more than 40 years’ experience in the mining industry, working throughout the Americas. After spending more than 15 years with major mining companies, Archer held several senior management positions in the junior mining sector and co-founded Great Panther Mining, a mid-tier precious metals producer, where he served as president and CEO from 2004 to 2017 and director until 2020. He joined Pinnacle as a director in March 2018 followed by his appointment as CEO in January 2019 and president in October 2021. Archer is a professional geologist and holds an Honours BSc from Laurentian University in Sudbury, Ontario.

David Cross – CFO

David Cross is a CPA and CGA with over 21 years’ experience in the junior sector with a focus on finance and corporate governance. He is currently a partner of Cross Davis and Company LLP Chartered Professional Accountant, which specializes in accounting and management services for private and publicly listed companies within the mining industry, and has recently been appointed CFO of Ashburton Ventures.

Colin Jones – Independent Director

Colin Jones is principal consultant for Orimco Resource Investment Advisors in Perth, Australia. He has almost 40 years’ experience as a mining, exploration and consulting geologist in a number of different geological environments on all continents. He has managed large exploration and due diligence projects, and has undertaken numerous bankable technical audits, technical valuations, independent expert reports and due diligence studies worldwide, most of which were on behalf of major international resource financing institutions and banks. Jones holds a Bachelor of Science (Earth Sciences) degree from Massey University, NZ.

David Salari – Independent Director

David Salari has worldwide experience in the design, construction and operation of extractive metallurgical plants. He is an engineer with more than 35 years of experience in the mining and mineral processing field. He is currently the president and CEO of DENM Engineering.

Ron Schmitz – Independent Director

Ron Schmitz is the principal and president of ASI Accounting Services, providing administrative, accounting and office services to public and private companies since July 1995. Schmitz has served as a director and/or chief financial officer of various public companies since 1997, and currently holds these positions with various public and private companies.

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Osisko Metals Announces Uplisting to Toronto Stock Exchange

Osisko Metals Incorporated (the ‘ Company ‘ or ‘ Osisko Metals ‘) (TSX: OM; OTCQX: OMZNF; FRANKFURT: OB51) is pleased to announce that it will be uplisting to the Toronto Stock Exchange (the ‘ TSX ‘) effective at market open on Friday, August 22, 2025. The common shares of the Company (the ‘ Common Shares ‘) will continue to trade under its current stock symbol, ‘OM’, following the uplisting from the TSX Venture Exchange (the ‘ TSXV ‘) to the TSX.

Following the uplisting to the TSX, the Common Shares will no longer trade on the TSXV and will be voluntarily delisted from the TSXV, effective as of close of market on Thursday, August 21, 2025. Shareholders are not required to exchange their direct registration system advices or share certificates, or take any other action in connection with the TSX uplisting.

The Company will remain a ‘reporting issuer’ under applicable Canadian securities laws through the listing transition process from the TSXV to the TSX. The Common Shares will continue to be listed on the OTCQX Best Market under the symbol ‘OMZNF’ and the Frankfurt Stock Exchange under the symbol ‘OB51’.

Graduating to the TSX represents a significant milestone that is expected to enhance the Company’s visibility and improve access to a broader investor base.

John Burzynski, Executive Chair of Osisko Metals, commented: ‘Graduating to the TSX is a natural evolution to our continued growth following our significant capital raise and management transition to Osisko Metals in December 2024, and the continued overwhelmingly positive results of our new drilling program. The Gaspé Copper Project has large-scale potential, and I believe we have only scratched the surface. Aligning with our business plan, this listing is set to enhance our visibility in the capital markets, enabling us to continue to attract significant institutional and retail investors to our story as the Gaspé Copper Project advances.’

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec ‘ s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘ Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper ‘. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada ‘ s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals’ June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’ . The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Robert Wares, Chief Executive Officer of Osisko Metals Incorporated
Email: info@osiskometals.com

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the anticipated resource expansion of the Gaspé Copper system; Gaspé Copper hosting the largest undeveloped copper resource in eastern North America; and the advancement of the Pine Point project.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

News Provided by GlobeNewswire via QuoteMedia

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