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 The Chairman of the Senate Foreign Relations Committee has lashed out at China, Russia and Iran for threatening U.S. national security interests in Africa in exclusive comments to Fox News Digital.

In a wide-ranging interview, Sen. Jim Risch, R-Idaho, discussed the Trump administration’s approach to Africa, highlighting terrorism, war and concerns over trade on the continent. Risch emphasized the importance of Africa to the U.S. 

‘The economic opportunities in Africa cannot be understated, and the United States needs to have a seat at the table regarding trade and investment in the region,’ he said. ‘At the same time, there are serious national security challenges we need to address head on to include terrorism, widespread conflicts affecting regional stability, migration and trafficking.’

Russia, China and Iran have been criticized by Risch as being ‘malign actors’ in Africa, accused of military interventions, exploitative trade practices, and in Iran’s case, reported to be working on an agreement to extract refined ‘yellowcake’ uranium for its controversial nuclear program.

‘The malign actions of China and Russia, and even regional actors like Iran, are serious challenges to our national security interests in Africa,’ Risch said. ‘Countering the influence of these aggressors is as much about the U.S. pursuing greater partnerships with African states as it is about responding to the challenges put forward by countries like Russia and China in Africa.’

Risch weighed in on the role of the U.S. military on the continent, saying it ‘is to protect the American people, first and foremost, and that goal should remain the same in Africa. We have serious security threats in Africa, and we must take them seriously. Remember, Osama bin Laden hid in Sudan, bombed our embassies there, and planned his 9/11 attack.’

Then there’s the question of Islamist terror. Risch said he was ‘concerned about the spread of Islamist militants throughout parts of Africa, and has supported efforts to work with countries to help them get this situation under control.’

He added, ‘I am mindful that it is ultimately not up to us to confront this problem, and we have to stop being the only major player providing international support. Others, including African nations, must do more.’

Washington has Somalian terror clearly on its radar. In banning Somalians from entering the U.S. earlier this month, a White House proclamation stated, ‘The United States Government has identified Somalia as a terrorist safe haven.’

Al-Qaeda and Islamic State-affiliated terrorists operate openly. The U.S. military, through its Africa Command, has ramped up action against the groups since President Trump took office. So far this month, the U.S. has already carried out six air strikes against Islamic State in Somalia.

‘I have advocated so strongly for the United States to build an approach that relies less on a central government partner that has not delivered, and more on partners in Somalia and the region to bring about effective counterterrorism gains.

‘Fortunately, President Trump’s Africa policy has already shown he thinks outside the box, as demonstrated by the handling of recent airstrikes on Somalia with less hand-wringing, and more direct and decisive action.’

In Sudan, Russia and Iran have been fingered as protagonists pushing military agendas and war. An estimated 150,000 have been killed, and more than 12 million displaced, since civil war broke out in April 2023.

‘The war in Sudan must end, and the partition of the Sudanese state must be prevented. This is the worst humanitarian disaster in the world, and a playground for malign actors backing both sides,’ he said.

On President Donald Trump’s spearheading of efforts to bring peace to the Eastern part of the Democratic Republic of Congo. Risch said, ‘I know this administration is working hard to secure a deal between DRC and Rwanda that will end the fighting. America must serve as a counterweight to China’s critical minerals deals in the region, but can’t fully do so until the region is more stable.’

In South Africa, government ministers continue to meet with senior Russian, Chinese and Iranian officials. The African National Congress political party, which South African President Cyril Ramaphosa is the leader of, has hosted officials from the Hamas terror group. Yet the country benefits from duty-free benefits for products like cars and fruit in the U.S. under the African Growth and Opportunity Act, AGOA, and other trade deals.

Risch told Fox News Digital, ‘I have consistently raised national security concerns about South Africa’s AGOA eligibility. AGOA is set to expire later this year, and President Trump’s current tariff regime already overrides many of its benefits. I remain critical of the South African government’s posture, which is why I applauded Secretary Rubio’s decision not to allow U.S. representation at the G20.’

In November, South Africa is due to hand over the chairmanship of the G20 to the U.S. But at this time Washington is not sending a single official to the handover ceremony.

Fox News Digital reached out to the South African government, but received no response.

This post appeared first on FOX NEWS

Senate Republicans are gearing up for the first full-scale congressional hearing into the alleged cover-up of former President Joe Biden’s cognitive decline.

Senators John Cornyn, R-Texas., and Eric Schmitt, R-Mo. will co-chair a Senate Judiciary Hearing Wednesday that delves into ‘what exactly went on’ during Biden’s term and why the constitutional power to remove him from office wasn’t triggered.

Cornyn said on the Senate floor that one of the main goals of the hearing was to shine a light on what happened behind the scenes during landmark moments of Biden’s presidency, ‘from the Biden border crisis to the disastrous results from the withdrawal in Afghanistan.

‘And it’s now clear that for many months — no one knows exactly how long — the president was simply not up to the task,’ he said. ‘Whoever happened to be making those decisions and carrying out the duties of the Office of President was not somebody who was authorized by the Constitution or by a vote of the American people.’

Cornyn and Schmitt’s hearing, first announced late last month, will be held after the release of the book ‘Original Sin’ by CNN host Jake Tapper and Axios reporter Alex Thompson, which alleges the Biden White House was trying to control the narrative about the former president’s health and that his allies worked to cover up his decline.

The hearing, ‘Unfit to Serve: How the Biden Cover-Up Endangered America and Undermined the Constitution,’ features a trio of witnesses called by the Senate Republican duo who served during President Donald Trump’s first term and during the Reagan and Bush years.

Among the Republicans’ witnesses are Theodore Wold, who formerly served as acting assistant attorney general in the Office of Legal Policy at the Justice Department and deputy assistant to the president for domestic policy during the Trump administration; Sean Spicer, former White House press secretary and communications director; and John Harrison, a legal scholar from the University of Virginia School of Law who previously served during former the Reagan and Bush administrations.

Wold and Harrison told Fox News Digital their testimony would focus on Biden’s alleged usage of an autopen, a device that is used to automatically mimic a person’s signature, typically used signing of numerous documents, and how the usage of the device may have acted as a smokescreen to prevent the triggering of the 25th Amendment.

Biden has rejected assertions by lawmakers and Trump that he habitually used an autopen. Trump recently ordered Attorney General Pam Bondi to open an investigation into whether the former president’s aides ‘abused the power of Presidential signatures through the use of an autopen to conceal Biden’s cognitive decline.’

Spicer’s testimony will focus on the media’s treatment of Trump compared to Biden during their respective first terms and how some media outlets were allegedly ‘silent’ when it came to signs of the ex-president’s decline.

Democrats on the panel did not call any witnesses.

The top-ranking Democrat on the committee, Sen. Dick Durbin, D-Ill., contended that Cornyn and Schmitt were wasting the panel’s time with their endeavor.

‘We have so many important topics to consider, and this is a totally political undertaking by several of my colleagues,’ he said. ‘It is a waste of the Senate Judiciary Committee’s time.’ 

This post appeared first on FOX NEWS

Investor Insight

With a strategic foothold in British Columbia’s most prospective mining belts, Finlay Minerals is an emerging copper-gold-silver exploration company with a compelling investment story, backed by a 30-year technical legacy and disciplined approach to discovery.

Overview

Finlay Minerals (TSXV:FYL,OTCQB:FYMNF) is a Vancouver-based mineral exploration company focused on advancing copper, gold and silver projects in British Columbia’s premier mining districts, particularly within the richly mineralized and productive Stikine Terrane. The company’s strategic objective is to discover and develop high-quality porphyry and epithermal deposits through a combination of geological expertise, partner-funded programs, and disciplined capital deployment.

Founders John J. Barakso and Robert Brown at the PIL Property

Finlay’s value proposition is anchored in its 2025 agreements with Freeport-McMoRan – one of the world’s largest copper producers – which is actively funding the advancement of the PIL and ATTY projects in the Toodoggone District. These earn-in agreements provide a non-dilutive path to unlock value from Finlay’s flagship assets, while enabling the company to focus internal resources on regional-scale exploration at its SAY, JJB and Silver Hope properties.

The company benefits from a seasoned technical team with regional expertise and a deep understanding of the geologic architecture of British Columbia. New exploration initiatives, such as those along the Bear Lake Corridor, position Finlay for new discovery potential across multiple fronts. With metal prices trending higher and a favorable operating environment in Canada, Finlay Minerals offers exposure to copper and gold discoveries in one of the safest and most geologically endowed jurisdictions globally.

Company Highlights

  • Strategic Alliance with Freeport-McMoRan: Freeport has committed up to $35 million in exploration spending and $4.1 million in cash payments for an 80 percent interest in Finlay’s PIL and ATTY projects, validating their district-scale potential.
  • Dominant Land Position in the Toodoggone District: PIL and ATTY provide direct exposure to one of BC’s most active copper-gold corridors, adjacent to Centerra’s Kemess complex and Amarc-Freeport’s AuRORA discovery.
  • Unlocking the Bear Lake Corridor: The SAY and JJB properties offer large-scale exploration potential in an underexplored region analogous to major discoveries like American Eagle’s NAK and Amarc’s DUKE.
  • Disciplined Exploration Focus: More than 70 percent of all capital raised has gone directly into the ground, demonstrating Finlay’s capital-efficient approach and scientific rigor.
  • Proven Leadership Legacy: Founded by renowned geochemist John J. Barakso and led by a technically adept team with deep experience in BC exploration.

Key Projects

PIL

The 100 percent owned PIL property spans 13,374 hectares in the prolific Toodoggone mining district in British Columbia and was staked over 30 years ago by Finlay’s founders. It hosts multiple copper-gold-molybdenum porphyry and gold-silver epithermal targets within the 70 km regional porphyry corridor trend, situated near major deposits including Centerra Gold’s Kemess complex and the Amarc-Freeport AuRORA discovery. Notable targets on the property include PIL South (2.5 x 2.0 km soil geochemical anomaly with supported IP anomaly), Copper Ridge (soil anomaly 1.9 x 1.3 km) and Spruce (rock samples up to 18.4 percent copper). Historical drilling includes 72 holes totaling over 17,000 metres, with new targets emerging from recent geophysical and geochemical work. Past drilling includes intersections like 162.0 m of 0.1 percent copper, 0.05 grams per ton gold and 7.1 g/t silver at PIL South, highlighting the potential for bulk tonnage copper-gold systems.

Finlay has announced an earn-in agreement with Freeport-McMoRan, which may invest up to $25 million in exploration expenditures to earn 80 percent interest over six years, signaling high confidence in the PIL project’s tier-1 potential. A broad and systematic exploration plan is in place for the 2025 season, involving surface sampling with updated analysis techniques, mapping and detailed geophysical surveys.

ATTY

Covering 3,875 hectares, the 100 percent owned ATTY property, also in the Toodoggone District, lies directly north of the Kemess East and Underground deposits. It shares similar stratigraphy and alteration patterns and is interpreted to host an extension of the Kemess North trend. The property hosts eight epithermal and porphyry targets, including two main targets, the KEM and Wrich targets, which have been delineated through IP surveys and/or geochemistry, pointing toward porphyry centers. Thirteen holes totaling 3,971 meters have been drilled to date, but the main IP chargeability zone remains untested at depth. With similarities to the upper Kemess East deposit and structural alignment with the adjacent Joy project (Amarc/Freeport), ATTY is considered a high-priority drill target and is fully permitted for 2025. Finlay has announced an earn-in agreement with Freeport-McMoRan, which may invest up to $10 million in exploration expenditures to earn 80 percent interest over six years, signaling high confidence in the ATTY project’s tier-1 potential.

SAY

The SAY property is a 100 percent owned, early-stage exploration project covering 26,202 hectares within the underexplored Bear Lake Corridor of the Stikine Terrane. Located 140 km north of Smithers, BC, it is accessible by helicopter with logging roads nearby. The project hosts structurally controlled high-grade copper and silver mineralization at the SPUR Target, which includes the AG Zone, East Breccia and Western Shear. Recent surface sampling returned exceptional grades such as 14.5 percent copper and 850 g/t silver from East Breccia, and 11.2 percent copper and 819 g/t silver from the AG Zone. Copper and silver exposures at the AG Zone have been observed over a 200 by 200 metre area. The mineralization occurs along a 4.3 km ridgeline with strong magnetic signatures, spatially related to local faults, intrusive dykes and breccias. The SHEL target, associated with molybdenum, adds porphyry-style upside. A property-wide mag survey and extensive surface sampling program is planned in 2025 to systematically evaluate the copper potential of the SAY property.

JJB

The fully owned JJB property spans 15,453 hectares and lies 4 km north of SAY within the same Bear Lake Corridor. Named after founder John J. Barakso, this grassroots property is in the early stages of exploration but offers significant blue-sky potential. The property shares the same tectonic setting as NAK and DUKE and will benefit from the technical momentum established at SAY. Logging roads and an airstrip are within 10 km of the JJB claims, providing nearby staging areas for this heli-access project. Systematic geological mapping and sampling, alongside airborne mag surveys, are planned to generate drill targets in the near term.

Silver Hope

The Silver Hope property covers 21,322 hectares surrounding the historic Equity Silver mine in the Skeena Arch. This 100 percent owned asset hosts the Main Trend, a >2 km copper-silver-gold mineralized system extending from the Newmont owned, past-producing, Equity Silver mine. Historical drilling (over 41,000 m) has intersected broad mineralized zones, including 282 m @ 0.23 percent copper, 6.4 g/t silver and 0.01 g/t gold. Other notable intercepts include 133 m @ 0.30 percent copper and 7.6 g/t silver. The West Cu-Mo Porphyry target adds a large-scale copper-molybdenum opportunity to the mix, and the project is fully permitted for drilling.

Management Team

Ilona B. Lindsay – President, CEO and Director

Ilona Lindsay has over 15 years of experience with Finlay and is the daughter of company co-founder John J. Barakso. She has overseen corporate operations, financings and tenure management. Under her leadership, the company has transitioned toward institutional-grade exploration partnerships while maintaining fiscal discipline. She is also a director of the Barakso family companies.

Robert F. Brown – Executive Chairman

A retired professional engineer with over 40 years of experience in porphyry and epithermal systems, Robert Brown co-founded Finlay and played a critical role in identifying and acquiring its land packages. He previously served as VP exploration for Great Panther Mining and worked with LAC Minerals. His technical vision continues to shape the company’s exploration direction.

Wade Barnes – VP Exploration

Wade Barnes is a P.Geo. and Qualified Person (QP) with over 20 years of geological experience in BC. He was co-recipient of the AMEBC H.H. “Spud” Huestis Award for the discovery of Kemess East deposit in the Toodoggone. At Finlay, he leads technical execution and target development across the portfolio.

Susan Flasha – VP Corporate Development

With over two decades of industry experience, including senior roles at Pretium Resources (Brucejack Mine) and Brixton Metals, Susan Flasha brings strong expertise in project evaluation and strategic growth.

Gord Steblin – Chief Financial Officer

A CPA with over 30 years in mining finance, Gord Steblin ensures sound financial governance and supports Finlay’s budgeting, reporting and fundraising activities. He serves as CFO for several other exploration-stage companies.

This post appeared first on investingnews.com

Investor Insight

As demand for copper continues to rise, driven by global electrification trends, Los Andes Copper is well-placed to leverage its significant copper position in Chile, driven at the helm by a group of highly experienced technical and business leaders.

Overview

The global transition to electrification is driving surging demand for copper, a metal essential to clean energy and emerging technologies. The copper market is set to reach a CAGR of 5.4 percent during 2024-2030, projected at US$368.8 billion by 2030.

Chile, the world’s top copper producer, is a key player in meeting this demand. With its vast deposits and stable, mining-friendly environment, the country continues to attract leading mining companies.

Los Andes Copper (TSXV:LA,OTCQX:LSANF) is advancing its 100 percent-owned Vizcachitas copper-molybdenum project in Chile — one of the largest undeveloped copper assets not held by a major. Backed by an experienced management team, the company is well-positioned to help meet the world’s growing copper needs.

The company filed a positive pre-feasibility study in 2023 indicating US$2.78 billion after-tax net present value (NPV) using an 8 percent discount rate and an internal rate of return (IRR) of 24.2 percent at US$ 3.68/lb copper, US$12.90/lb molybdenum and US$21.79/oz silver, with an estimated initial capital cost of US$2.44 billion. The PFS also highlighted a construction period of 3.25 years and a payback period of 2.5 years from initial production.

The company expanded its land package by obtaining first-priority exploration claims over new areas within and adjacent to the current property boundaries for the Vizcachitas copper project.

The claims cover an 18 sq km block within the current property boundary, and another 7 sq km block adjacent to the north-east corner of the property boundary.

The Vizcachitas project including new claim blocks surrounded by mining majors

Los Andes works closely with the local community to support the development of local businesses and social organizations. The company has joined the Association of Small Miners of Putaendo and has established several programs to support social organizations, local technical high schools and female entrepreneurs. Los Andes is also environmentally aware and strives to maintain an excellent ESG rating.

The company’s management team is experienced in the natural resources industry, including experts in geology, community affairs, and corporate finance.

Company Highlights

  • Los Andes Copper is a Vancouver-based mining company focused on developing its world-class Vizcachitas copper project in Chile.
  • To support the project, the company has received US$14 million in investment from Queen’s Road Capital and US$ 20 million from Ecora Resources.
  • The Vizcachitas project is the largest advanced copper project in the Americas, wholly owned by a junior miner and has tremendous blue-sky potential.
  • The company strives to maintain an excellent ESG rating and works closely to support the local community and minimize the project’s environmental impact.
  • An experienced management team leads Los Andes Copper with a range of experience throughout the mining industry.

Key Project

Vizcachitas Copper Project

The 100-percent-owned Chilean Vizcachitas copper project is one of the largest advanced copper deposits in the Americas and the largest deposit owned 100 percent by a junior miner. The project is located in the Rio Rocin Valley, roughly 150 kilometers northeast of Santiago.

Project Highlights:

  • Strong Existing Infrastructure: The project is accessed by a 124-kilometer paved highway, a nearby railway and shipping ports. Due to the presence of existing copper mines, smelting facilities are accessible by railway. Additionally, there are multiple large power substations near the project. Completed PFS: 2023 Pre-Feasibility Study results indicated:
  • Strong Project Economics: The Vizcachitas Project boasts an after-tax NPV of US$2.78 billion (8 percent discount rate) and an impressive internal rate of return (IRR) of 24.2 percent at metal prices of US$3.68/lb copper, US$12.90/lb molybdenum, and US$21.79/oz silver. Initial capital expenditure is estimated at US$2.44 billion.
  • Efficient Development Timeline: The project is expected to have a construction period of 3.25 years and a rapid payback period of just 2.5 years from the start of production.
  • Robust Resource Base:
    • Measured Resources: 2.61 billion lbs copper, 84 million lbs molybdenum, and 11 million oz silver.
    • Indicated Resources: 10.42 billion lbs copper, 442 million lbs molybdenum, and 43 million oz silver.
    • Inferred Resources: Increased by 130 percent to 15.4 billion lbs CuEq (including 13.75 billion lbs copper, 495 million lbs molybdenum, and 55 million oz silver).

Management Team

Santiago Montt – CEO

With 11 years of experience in the mining sector, Santiago Montt has a law degree from the University of Chile, a J.S.D. law degree (PhD) from Yale University, and a Master’s in Public Policy from Princeton University. He has worked for BHP from 2011 to 2021 in various roles: vice-president of corporate affairs for the Americas, VP of ligation (Global), VP of legal Brazil, and VP of legal copper. He is an experienced professional in the areas of stakeholder management, risk management, crisis management, project management and commercial and legal affairs.

Manuel Matta – Senior Mining and Project Consultant

Manuel Matta is a mining engineer from the University of Chile, with more than 30 years of experience in operations, planning and projects. He worked for Falconbridge and Xstrata as vice-president of projects and development where he led the expansion of the Collahuasi mine. He was also the general manager of Altonorte Smelter in Chile. Matta also worked for Barrick Gold in Chile and the Dominican Republic and was the general manager of Las Cenizas copper mines in Chile.

Antony Amberg – Chief Geologist

Anthony Amber is a chartered geologist with 32 years of diverse experience working in Asia, Africa, and South America. Amberg is a qualified person under NI 43-101. He has managed various exploration projects ranging from grassroots through to JORC-compliant feasibility studies. In 2001, he returned to Chile, where he started a geological consulting firm specializing in project evaluation and NI 43-101 technical reports. He began his career in 1986 working with Anglo American in South Africa before moving on to work for the likes of Severin-Southern Sphere, Bema Gold, Rio Tinto and Kazakhstan Minerals Corporation.

Ignacio Melero – Director of Corporate Affairs and Sustainability

Ignacio Melero is a lawyer with a degree from Pontificia Universidad Católica de Chile with vast experience in corporate and community affairs. Before Los Andes, Ignacio was responsible for community affairs at CMPC, having managed community and stakeholder affairs for a number of its pulp and forestry divisions throughout the country. Ignacio has worked for the Government of Chile, in the Ministry General Secretariat of the Presidency. He was responsible for the inter-ministerial coordination of the ChileAtiende project, a multi-service network linking communities, regional governments and public services.

Harry Nijjar – Chief Financial Officer

Harry Nijjar holds a CPA CMA designation from the Chartered Professional Accountants of British Columbia and a Bachelor of Commerce from the University of British Columbia. He is a managing director of Malaspina Consultants. Nijjar has been working with public and private companies for the past 10 years in various roles. He is also currently the CFO of Darien Business Development and Clarmin Explorations.

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Syntheia Corp. (CSE: SYAI) (Syntheia.ai) (the ‘Company’), is pleased to announce that further to its press release dated May 29, 2025, it has closed its non-brokered private placement financing for gross proceeds of $411,000 through the issuance of 4,110,000 units (each, a ‘Unit’) at a price of $0.10 per Unit (the ‘Offering’).

Each Unit is comprised of one common share in the capital of the Company (each, a ‘Common Share‘) and one Common Share purchase warrant (each, a ‘Warrant‘). Each Warrant is exercisable to acquire one Common Share at a price of $0.13 until June 17, 2027 (the ‘Expiry Date‘), subject to an accelerated expiry in the event the volume weighted average trading price of the Common Shares exceeds $0.13 for 20 consecutive trading days, the Company may, within 10 business days of the occurrence of such event, deliver a notice to the holders of the Warrants accelerating their Expiry Date to a date that is not less than 30 days following the date of such notice and the issuance of a press release by the Company announcing the acceleration notice (the ‘Accelerated Exercise Period‘). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.

In connection with the Offering, the Company paid: (i) a cash commission of $14,880; and (ii) 148,800 finder’s warrants (each, a ‘Finder’s Warrant‘) to certain finders (the ‘Finders‘). Each Finder’s Warrant is exercisable to purchase one additional Unit (each, a ‘Finder’s Unit‘) at a price of $0.10 per Finder’s Unit. The Finder’s Unit have the same terms as the Units issued under the Offering.

Gross proceeds raised from the Offering will be used for working capital and general corporate purposes. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

The Offering constituted a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘) as certain insiders of the Company subscribed for an aggregate of 1,500,000 Units pursuant to the Offering. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the fair market value of the participation in the Offering by insiders does not exceed 25% of the market capitalization of the Company in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner.

This press release does not constitute an offer to sell or a solicitation of an offer to buy 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 as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Syntheia

Syntheia Corp. is an early-stage artificial intelligence technology company, channeling its efforts into refining and expanding its proprietary, conversational AI-based platform (the ‘Syntheia AI Platform‘). The Syntheia AI Platform represents the integration of natural language processing (‘NLP‘) technology, enabling it to not only understand but also respond to human language with accuracy. The Syntheia AI Platform, a generative, AI-powered algorithm equipped with a human-like voice, boasts self-learning capabilities derived from NLP methodologies.

Currently in beta testing, the Syntheia AI Platform is crafted to offer a suite of automated solutions, particularly for retail-focused businesses where customer interaction and service are key to operations. At the heart of the Syntheia AI Platform is its use of AI to emulate human cognitive processes, combined with a sophisticated large language model, which is integral for interpreting and generating human-like language responses.

For further information, please contact:

Tony Di Benedetto
Chief Executive Officer
Tel: (416) 791-9399

Cautionary Statement

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255819

News Provided by Newsfile via QuoteMedia

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After being overshadowed by gold early in the year, silver has been in the spotlight in recent weeks.

The white metal broke through the US$37 per ounce mark on Tuesday (June 17) for the first time since May 2011.

Recent economic and geopolitical events have raised analysts’ expectations of a September rate cut from the US Federal Reserve, helping to fuel safe-haven buying of silver and gold.

The central bank has held its benchmark rate at 4.25 to 4.5 percent since November 2024.

Silver price, June 10 to June 17, 2025.

CME Group’s (NASDAQ:CME) FedWatch tool shows more than half of market respondents predict a 0.25 percent cut at the Fed’s September meeting, while just 8 percent are expecting the Fed to make a deeper 0.5 percent cut.

The central bank is widely expected to leave rates unchanged at its June and July meetings.

Silver’s price surge also comes amid escalating tensions between Israel and Iran. The two countries have come closer to war in recent days, with Israel striking nuclear and military targets deep in Iran.

On Monday (June 16), US President Trump took to Truth Social to urge a complete evacuation of Tehran ahead of planned strikes on targets in the city. He also urged Iran to abandon its nuclear ambitions.

On the economic front, the US Bureau of Labor Statistics released its May consumer price index figures on June 11. The data shows inflationary growth, with the all-items index ticking up to 2.4 percent from 2.3 percent in June.

Growth was tempered mainly by falling prices at the pumps. Additionally, retail prices have yet to feel the full impact of US tariffs as retailers continue to work through stockpiles acquired earlier in the year.

Elsewhere, gold and equity markets weren’t faring as well on Tuesday.

Gold was flat, trading at US$3,385 per ounce. It has surged more than 25 percent this year, setting a slew of new price records, and has continued to trade in elevated territory, fueled by the same conditions as silver’s recent run. However, silver benefits from a lower entry point for investors looking for more affordable safe-haven investments.

The S&P 500 (INDEXSP: INX) was down on Tuesday, recording a 0.78 percent decline to 5,986. The Nasdaq-100 (INDEXNASDAQ: NDX) was also down, falling 0.89 percent to 21,744, and the Dow Jones Industrial Average (INDEXDJX: .DJI) slipped 0.68 percent to 42,222.

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

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The U3O8 spot price climbed sharply to kick off the week, hitting US$76.21 per pound.

Its Monday (June 16) rise is a 9.7 percent gain from the previous week’s close of US$69.47, and came after news that the Sprott Physical Uranium Trust (TSX:U.U,OTCQX:SRUUF) had penned a US$100 million bought-deal financing.

The financing was upsized to US$200 million the same day ‘as a result of strong investor demand.’

Sprott (TSX:SII,NYSE:SII), acting on behalf of the trust, confirmed the agreement, which will see Canaccord Genuity Group (TSX:CF,OTC Pink:CCORF) purchase 11,600,000 units of the trust at a price of US$17.25 each.

The offering, expected to close by June 20 pending regulatory approvals, will fund purchases of uranium oxide concentrates and uranium hexafluoride, in line with the trust’s mandate to hold physical uranium.

The news sparked a rally in uranium stocks on Monday.

On the TSX, major miner Cameco (TSX:CCO,NYSE:CCJ) rose just over 6.5 percent, while NexGen Energy (TSX:NXE,NYSE:NXE) was up 8 percent. Uranium Energy (NYSEAMERICAN:UEC) was up 12.64 percent in the US, and Denison Mines (TSX:DML,NYSEAMERICAN:DNN) jumped 14.8 percent on the TSX.

In Australia, Deep Yellow (ASX:DYLASX:DYL,OTCQX:DYLLF) surged more than 21 percent, while Boss Energy (ASX:BOE,OTCQX:BQSSF) jumped nearly 18 percent and Paladin Energy (ASX:PDN,OTCQX:PALAF) climbed over 15 percent amid investor optimism that the fresh capital injection could tighten the uranium spot market.

The Sprott trust, launched in 2021 and often referred to as SPUT, has been a key player in physically sequestering uranium from global markets, helping to reduce available supply and influence spot pricing trends.

After reaching a 14 year high of US$82 in early 2024, uranium prices trended downward, falling as low as US$64.30 this year. Despite the consolidation phase, experts believe the long-term outlook is positive.

The deal marks one of the most significant capital raises for uranium buying in 2025, and reflects growing institutional confidence in the long-term viability of nuclear energy as part of the clean energy transition.

SPUT’s move also comes amid momentum in US uranium policy. In late May, US President Donald Trump signed a series of executive orders aimed at revitalizing America’s nuclear energy sector. The orders are intended to ramp up domestic uranium production to meet growing power demands, especially from artificial intelligence data centers.

Tech giants like Microsoft (NASDAQ:MSFT), Google and Amazon (NASDAQ:AMZN) have all done nuclear power deals for data centers, honing in on nuclear as a viable solution for their zero-carbon baseload energy needs.

For now, Sprott’s buying spree offers a test of how tight the uranium market really is. With settlement set for later this week, attention will turn to whether its uranium purchases trigger further positive price activity.

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

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