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Alan Dershowitz leaves Democratic Party, cites DNC: ‘I was disgusted’

Prominent attorney Alan Dershowitz announced his departure from the Democratic Party, citing several ‘anti-Jewish’ lawmakers that make up the ranks of the party and the recent Democratic National Convention in which Vice President Kamala Harris became the party’s presidential nominee. 

Speaking with radio host Zev Brenner on ‘Talkline with Zev Brenner,’ Dershowitz cited the DNC, which he said gave legitimacy to anti-Israel speakers, and anti-Israel protesters outside the gathering. 

‘It was the most anti-Jewish, anti-Israel, anti-Zionist convention I’ve experienced,’ he said. ‘I was disgusted at the Democratic National Convention. Absolutely disgusted.’

‘I am no longer a Democrat. I am an Independent,’ he added, noting that he wouldn’t reveal whom he was voting for president until possibly after Nov. 1. ‘I want to see how they deal with Iran. I want to encourage the current administration to support Israel.’

The Harvard Law professor emeritus said his departure from the party was a long time coming and that he gradually resigned over time. 

‘Alot of things pushed me in that direction,’ he said. Dershowitz noted Harris’ failure to preside over a joint session of Congress during an address by Israeli Prime Minister Benjamin Netanyahu played a big role in his decision. 

Some Democrats skipped Netanyahu’s speech as a form of protest. 

Ultimately, it was the convention that was held in Chicago last month that pushed him over the edge, he said. 

He named Reps. Alexandria Ocasio-Cortez, Elizabeth Warren, Bernie Sanders, who he said were anti-Israel, and Rev. Al Sharpton, who has been accused of antisemitism in the past.

In addition, there were anti-Israel protesters outside the gathering who called for the destruction of Israel, he said. 

‘That’s not my party,’ Dershowitz said. 

The Democratic Party has seen a sharp split within its ranks following the Oct. 7 attack on Israel by Hamas. Some members of the party have refused to condemn the terror group and have blamed Netanyahu for Israel’s military response. 

Many Democrats have called for a ceasefire and urged Israel to use restraint while neglecting to hold Hamas and Hezbollah, an Iran-backed terror group based in Lebanon, in Israel’s north, to the same standard. 

This post appeared first on FOX NEWS

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Chile Day Paris

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) (‘Los Andes’ or the ‘Company’) is pleased to announce that its CEO, Santiago Montt, has been invited by the Government of Chile to participate today as a panelist at the Chile Day Paris.

The Chile Day is a public-private collaboration, sponsored by the Chilean Ministry of Finance, whose main objective is to position Chile as a highly attractive destination for foreign investment. It takes place 4 times a year in New York, London, Toronto and Paris. This year, Mr. Mario Marcel, the Minister of Finance of Chile, heads the delegation which includes several other high-level authorities.

Los Andes has been invited to participate in a panel to discuss ‘Stimulating Investment and Growth: Accelerating Permits and Improving Regulation Benchmarks and Trends.’ The panel will be led by Francisco Saffie, the Economic Regulation Coordinator from the Ministry of Finance of Chile, and will include representatives of BHP, Eren Groupe, and Los Andes Copper.

Santiago Montt, CEO of Los Andes, commented: ‘I am very pleased to have been asked to participate on this panel. The Chilean government is making important efforts to improve our current system of regulations and permitting processes, with the goal of securing the leadership position that the country has had as a destination for foreign investment, in mining, energy and several other industrial sectors. We are delighted to share our experience from the perspective of a greenfield project.’

About Los Andes Copper Ltd.

Los Andes Copper Ltd. is an exploration and development company with an 100% interest in the Vizcachitas Project in Chile. The Company is focused on progressing the Project, which is located along Chile’s most prolific copper belt, into production. Vizcachitas is one of the largest copper deposits in the Americas not controlled by the majors and the Company believes it will be Chile’s next major copper mine.

The Project is a copper-molybdenum porphyry deposit, located 150 kilometers north of Santiago, in an area of very good infrastructure. An independent technical report for the PFS, prepared in accordance with NI 43-101, is available on the Company’s SEDAR profile.

Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

Qualified Persons

Antony Amberg CGeol FGS, the Company’s Chief Geologist, is the qualified person who has reviewed and approved the scientific and technical information contained in this news release.

For more information please contact:

Santiago Montt, CEO
santiago.montt@losandescopper.com
Tel: +56 2 2954-0450

Elizabeth Johnson, Investor Relations
Elizabeth.johnson@losandescopper.com

E-Mail: info@losandescopper.com or visit our website at: www.losandescopper.com
Follow us on twitter @LosAndesCopper
Follow us on LinkedIn Los Andes Copper Ltd

Certain of the information and statements contained herein that are not historical facts, constitute ‘forward-looking information’ within the meaning of the Securities Act (British Columbia), Securities Act (Ontario) and the Securities Act (Alberta) (‘Forward-Looking Information’). Forward-Looking Information is often, but not always, identified by the use of words such as ‘seek’, ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’ and ‘intend’; statements that an event or result is ‘due’ on or ‘may’, ‘will’, ‘should’, ‘could’, or might’ occur or be achieved; and, other similar expressions. More specifically, Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such Forward-Looking Information. Such Forward Looking Information includes, without limitation, the timing of and ability to obtain TSX-V and other regulatory approvals and the prospects, details related to and timing of the Vizcachitas Project. Such Forward-Looking Information is based upon the Company’s assumptions regarding global and Chilean economic, political and market conditions and the price of metals and energy and the Company’s production. Among the factors that have a direct bearing on the Company’s future results of operations and financial conditions are changes in project parameters as plans continue to be refined, a change in government policies, competition, currency fluctuations and restrictions and technological changes, among other things. Should one or more of any of the aforementioned risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the Forward-Looking Information. Accordingly, readers are advised not to place undue reliance on Forward-Looking Information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Information, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in 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/222364

News Provided by Newsfile via QuoteMedia

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Hertz Energy Enters Option to Acquire Harriman Antimony Property in Quebec

Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) (‘Hertz‘ or the ‘Company’) is pleased to announce the acquisition of the Harriman Antimony Property (‘Harriman Property’ or the ‘Property’) comprised of 49 mineral claims (approximately 2,500 hectares) located in the Province of Québec through an arms length option agreement (the ‘Agreement’) between prospector Glenn Griesbach (‘Griesbach’) and Canuck Lithium Corp. (‘Canuck Lithium’), a wholly-owned subsidiary of Hertz.

The Harriman Property is an exploration stage antimony project located approximately 17 km northeast of the town of New Richmond in the Gaspé Region of Québec. The Gaspé Region is known for a variety of significant mineral deposits, most notably the Mine Gaspé Copper Mine, currently being developed by Osisko Metals. The Harriman Property benefits from good road access, hydroelectric power, port access, and nearby available manpower.

The Property was developed by compiling and reviewing historical antimony (Sb) and gold (Au) showings from the Québec government geoscientific database known as SIGÉOM. The Property area was defined by a series of four antimony showings, all hosted along a northeast-trending fault structure. Historical results from the nearby showings on the northeast-trending fault include 2.32% Sb, 3.36 g/t Au (Harriman-2), 43.75 Sb, 3.4 g/t Au (New Richmond), 4.8% Sb, 7.89 g/t Au and 15.35% Sb (Harriman-4 Sud) (source: SIGÉOM).

The Harriman Property includes the Harriman-Sud showing returning 15.35% Sb from a historical grab sample. This showing has had limited previous exploration and has not had any historical drilling.

No mineral resources or reserves have been defined on the Property. References herein to potential grades herein are historical and conceptual in nature. There has been insufficient exploration to define a mineral resource or deposit and there can be no assurance that further geological work will result in mineral resources, or a deposit being defined on the Property.

The Property is being acquired from Glenn Griesbach, P.Geo a prolific prospector who has compiled the Harriman property. Mr. Griesbach is currently number four (4) on the list of claims ownership in the Province of Québec with over 7,500 active claims and has completed over sixty (60) mineral property transactions.

Hertz Energy currently holds approx. $750,000 in critical minerals Flow Thru capital and intends to aggressively explore the Harriman Antimony Project. Hertz is immediately launching a ground surface exploration program in mid September with the intention to advance the project towards a winter drill program.

OPTION AGREEMENT TERMS

The Company can exercise the Option and earn a 100% interest in the Property by making a cash payment of $20,000 within seven business days of execution of the Agreement and issuing an aggregate of 4,000,000 common shares to Griesbach.

The issuance of 4,000,000 common shares of Hertz Energy (parent company of Canuck Lithium) to Griesbach is as follows:

1,500,000 common shares in the capital of Hertz Energy on or before the 1st anniversary of the effective date of the Agreement; and1,500,000 common shares in the capital of Hertz Energy on or before the 2nd anniversary of the effective date of the Agreement.

Upon the commencement of commercial production from the Property, the Company will pay a royalty (the ‘NSR Royalty’) to Griesbach being equal to 2.5% of Net Smelter Returns. The NSR Royalty may be reduced at any time from 2.5% of Net Smelter Returns to 1% of Net Smelter Returns by the Company or its permitted assign, by paying to Griesbach C$1,500,000. This right shall be exercisable at the Option of Canuck Lithium at any time and shall run with the land and not be assignable without the consent of Canuck Lithium.

Figure 1 Harriman Antimony Project Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9656/222359_05bd505fe49fc9c2_002full.jpg

Figure 2: Harriman Antimony Project Geology Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9656/222359_05bd505fe49fc9c2_003full.jpg

Figure 3: Harriman Antimony Airborne Magnetics Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9656/222359_05bd505fe49fc9c2_004full.jpg

About Antimony-In short Supply

In August, China announced antimony export restrictions which take effect on September 15, 2024 (source: Reuters, August 28, 2024) and are expected to have significant implications for the global antimony supply chain. China’s announcement of antimony export restrictions has added fuel to a red-hot market and opens another potential flash-point with the West for control of critical minerals. Antimony is a little-known metal with multiple applications. Antimony’s largest end-use is as a flame retardant, but it is also found in solar panels and batteries. The U.S. Department of the Interior has designated it a critical mineral because it is also essential for armour-piercing ammunition, infrared sensors, and precision optics.

Antimony prices have nearly doubled since the start of the year to a record $22,750 per tonne in part because of shrinking exports from major producers and a global deficit of the metal. China’s exports are in medium-term decline due to higher demand from its solar energy sector, while Russian supply has been crimped by falling output and Western sanctions. The flow from other big producing nations such as Vietnam, Tajikistan, and Myanmar has been disrupted by the re-routing of shipments from the Red Sea due to Houthi attacks on shipping.

Analysts estimate the market was already looking at a 10,000-ton shortfall before China’s export restrictions. These new controls are not targeted at any specific country but Chinese authorities can refuse licences to export to individual end-user companies or countries as they see fit.

Other Information on Antimony:

https://www.forbes.com/sites/davidblackmon/2021/05/06/antimony-the-most-important-mineral-you-never-heard-of/

https://www.csis.org/analysis/chinas-antimony-export-restrictions-impact-us-national-security

China’s restrictions on antimony could lead to ‘another flashpoint with the West’

i2a China Export Restriction Press Release – 20 August 2024

Kal Malhi, CEO of Hertz Energy, commented, ‘With the Chinese export restrictions on Antimony soon taking effect and several active conflicts around the world, the need for antimony has sky rocketed along with the price of antimony. Antimony is used heavily in a variety of military applications, including night vision goggles, explosive formulations, flares, nuclear weapons production, and infrared sensors plus as a fire retardant, in solar panels and electric batteries. Hertz Energy’s acquisition will allow the Company to focus on utilizing our current flow-thru cash position of approximately $7500,000 to aggressively explore the Harriman Antimony Project in the coming months.‘

HERTZ ENGAGES INVESTOR RELATIONS CONSULTANTS

Hertz Energy also reports that it has engaged the following Investor Relations Consultants.

Outside the Box

The Company announces that it has entered into a marketing and consulting agreement (the ‘OTBC Agreement’) with an arm’s length marketing firm, Outside The Box Capital Inc. (‘OTBC’) of Oakville Ontario, to provide marketing consulting and investor relations services, including marketing services through social media channels and online media distribution.

In connection with the OTBC Agreement, for a term of 1 month starting on September 4, 2024, the Company will issue OTB 500,000 options to purchase Hertz Energy shares at a price of $0.085 over two years and payments of $25,000 upon signing of agreement. OTBC has no direct relationship with the Company other than as set out in this press release.

CanaCom

Pursuant to the terms of the CanaCom Agreement, the services are to be provided over a 6-month period, commencing on September 5, 2024, for a fee of $30,000, plus applicable taxes. CanaCom is a full-service marketing agency based in Toronto, Ontario. CanaCom provides digital marketing awareness via advertising through its fully owned platform theDeepDive.ca, which includes both video and written content coverage of Canadian small-cap stories. CanaCom has its principal place of business at 1836 Scarth Street, Regina, SK S4P 3G3. CanaCom can be contacted at jay@thedeepdive.ca or by telephone at (306) 993-4791. CanaCom has no direct relationship with the Company other than as set out in this press release.

QUALIFIED PERSON STATEMENT

All scientific and technical information contained in this news release was reviewed and approved by Paul Teniere, P.Geo., Technical Advisor of Hertz Energy, who is a ‘Qualified Person’ as defined in NI 43-101.

About the Company

The Company is a British Columbia based junior exploration company primarily engaged in the acquisition and exploration of energy metals mineral properties. The Company’s lithium exploration projects include the AC/DC Lithium Project, and Snake Lithium Project in Jame Bay Québec. The AC/DC Project is 26,500 hectares located in the renowned James Bay Lithium District in Québec, Canada, just 26kms southeast of the Corvette Lithium Project owned by Patriot Battery Metals and is contiguous to Rio Tinto’s Kaanaayaa project claims. The Company’s Snake Lithium Project is also district scale and located amongst highly prospective projects held by other exploration companies. Hertz Energy’s Harriman Antimony Project is its first Antimony property acquisition.

For further information, please contact Mr. Kal Malhi or view the Company’s filings at www.sedarplus.ca.

On Behalf of the Board of Directors

Kal Malhi
Chief Executive Officer and Director
Phone: 604-805-4602
Email: kal@bullruncapital.ca

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Source

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Forte Minerals Engages Stockworks Agency as Investor Relations Consultant to Enhance Communications

Forte Minerals Corp. (‘Forte’ or the ‘Company’) (CSE:CUAU)(OTCQB:FOMNF)(Frankfurt:2OA) is pleased to announce its strategic engagement with Stockworks Agency Inc. (‘Stockworks’) as an investor relations consultant to provide communications and investor relations services for the Company, effective September 1, 2024, in accordance with Canadian Securities Exchange (‘CSE’) policies

Stockworks, renowned for its proven track record in investor engagement, will work closely with Forte Minerals Corp. to develop and implement robust communication strategies. These efforts will increase awareness and educate investors on Forte’s ongoing projects and growth potential. As part of this strategic collaboration, Glen Watson from Stockworks will work closely with Anna Dalaire, Forte’s VP of Corporate Development, ensuring alignment and maximizing the impact of the company’s investor relations and communication initiatives.

Under the consulting agreement, Stockworks will receive a monthly consulting fee of CAD $5,000, plus GST, with an initial term of 12 months ending August 30, 2025. Additionally, Stockworks will be granted 100,000 stock options within the next 30 days, exercisable at the market price at the time of the grant, with vesting over quarterly periods following a 90-day hold. The agreement also includes a 5% finder’s fee on financing with new investors, where applicable.

Patrick Elliott, President & CEO of Forte Minerals Corp., commented, ‘Engaging Stockworks is a important step in strengthening our investor communications and expanding our outreach. With Glen Watson collaborating closely with our team, we are confident in our ability to communicate the value and potential of our copper and gold projects in Peru more effectively to the investment community. This partnership aligns perfectly with our vision to enhance shareholder value as we advance our projects.’

About Stockworks Agency Inc.

Stockworks Agency Inc. is a British Columbia-based firm with a proven track record in investor relations and corporate communications for public companies. Stockworks is renowned for enhancing corporate visibility through investor engagement, media relations, and social media strategy.

About Forte

Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú S.A.C., has built a robust portfolio of high-quality Cu and Au assets in Perú. The Company aims to generate significant value growth by strategically positioning permitted and drill-ready projects alongside historically discovered copper and gold projects. Notwithstanding its resource discovery and development focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities.

On behalf of Forte Minerals CORP.
(signed) ‘Patrick Elliott’
Chief Executive Officer

For further information, please contact:
Forte Minerals Corp.
office: (604) 983-8847
info@forteminerals.com
www.forteminerals.com

Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Forte Minerals Corp

View the original press release on accesswire.com

News Provided by ACCESSWIRE via QuoteMedia

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Dynasty Gold: Gold-focused Exploration with High-grade Gold Assets in Canada and the US

Dynasty Gold (TSXV:DYG) offers a compelling investment value proposition with its 100-percent-owned Thundercloud and Golden Repeat gold assets in Canada and the US. The company is advancing its key asset, the high-grade Thundercloud gold project, located in Northwest Ontario, Canada, a highly prospective property with significant exploration upside. The property was acquired from Teck Resources in 2021, with $10 million in previous exploration expenditure and an NI 43-101 resource estimate completed in December 2021.

The Thundercloud gold project is located in the Archean Manitou-Stormy Lakes Greenstone Belt in Ontario, Canada. Thundercloud spans 2,250 hectares and is part of the Wabigoon Subprovince, known for hosting several significant gold deposits. The project has been de-risked by the amount of drilling by Teck Resources in the 2000s. Dynasty has benefited from Teck’s datasets and is able to expedite its exploration and advance it to the current resource within two years from its maiden drill program on the property.

Historical drilling and exploration at Thundercloud have identified several zones of gold mineralization, with high-grade intercepts suggesting the presence of an extensive gold system

Company Highlights

Dynasty Gold has two highly prospective, high-grade gold projects in North America – Thundercloud and Golden Repeat.The flagship Thundercloud project, acquired from Teck Resources in 2021 and with more than $10 million in previous exploration expenditures, is the current focus of Dynasty’s exploration and drilling program.Thundercloud is a brownfield project with extensive historical data, making it a lower-risk investment compared to other greenfield exploration projects.Dynasty’s second asset, the Golden Repeat gold project, is located within the Midas Gold Camp in Elko County, Nevada. The project is drill-ready with permits in place.

This Dynasty Gold profile is part of a paid investor education campaign.*

Click here to connect with Dynasty Gold (TSXV:DYG) to receive an Investor Presentation

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NorthStar Gaming Holdings

Overview

NorthStar Gaming (TSXV:BET,OTCQB:NSBBF) owns and operates a casino and sportsbook gaming platform in Canada under the name NorthStar Bets. Since its listing on the TSXV in March 2023, the company has seen significant success with its uniquely differentiated offering that combines high-quality sports journalism with betting/casino games. Specifically, NorthStar utilizes targeted content to engage, attract and retain sports bettors, which leads to higher retention rates and higher player values.

NorthStar’s competitors may provide insights, but they are hosted within a different platform causing inconvenience to the end-users who must swap between apps. NorthStar’s proprietary Sports Insights editorial features, offered seamlessly to customers within the NorthStar Bets website and app, continue to be a strong differentiator and driver of value.

In 2024, NorthStar launched Sports Insights 2.0 with new features, design, stats and a smoother user experience. Sports Insights is a key differentiating feature that supports the company’s position as a premium brand and industry leader at the intersection of betting and sports media. The content includes analysis of upcoming events, betting strategies and helpful tips. Since Sports Insights is integrated directly within NorthStar’s sportsbook, users can wager directly from the content without leaving the betting environment.

The company’s industry-leading tech stack is a result of its partnership with Playtech and Kambi, both reputable and established industry players. Playtech is the world’s largest and most trusted online gaming software supplier, while Kambi is the leading provider of premium sports betting and technology services. Moreover, Playtech is NorthStar’s largest shareholder, with more than C$22 million invested into the business since its launch, including a C$10-million infusion in October 2023, In 2024, Playtech extended this strategic partnership with NorthStar through a new marketing agreement and C$3 million in short-term financing, further validating the strong potential for the rapidly growing online gaming and sports market in Canada.

NorthStar Gaming, which started exclusively in the Ontario (NorthStarBets.ca) market, has expanded its revenue potential and now has the ability to drive revenue outside of Ontario, following its May 2023 acquisition of Slapshot Media. Slapshot Media is the managed services provider to NorthStarBets.com, an iGaming site owned and operated by the Abenaki Council of Wolinak and licensed by The Kahnawake Gaming Commission.

With Ontario accounting for 39 percent of the Canadian population, NorthStartBets.com opens up the company to the remaining 61 percent of the Canadian market, an important catalyst for growth in customer base and revenue.

The company has a strong leadership team led by CEO Michael Moskowitz, who has more than 25 years of experience in the electronics industry and was the previous chairman and CEO of Panasonic North America.

Company Highlights

NorthStar Gaming is an operator of casino and sportsbook gaming platforms in Canada. The platform provides real-time news, statistics, analysis and scores directly in the betting environment along with the most popular online casino games.The company began its operations in the Ontario market. Its acquisition in May 2023 of Slapshot Media, a marketing and managed services provider for spreads.ca (now rebranded NorthStarBets.com), has enabled NorthStar to derive revenue outside Ontario throughout the rest of Canada, an important catalyst for growth.NorthStar is poised to capture a material share of the Canadian market, estimated to reach C$8.5 billion in total addressable market by 2026, with more than 60 percent of the market being outside of Ontario.Tier 1 partnerships with sports betting and technology providers such as Playtech and Kambi ensure customers with best-of-breed entertainment and betting experience.In addition to being a technology provider, Playtech is NorthStar’s largest shareholder, investing more than C$22 million into the business since launch. Playtech’s unparalleled expertise in the gaming industry will accelerate NorthStar’s growth and rapidly expand its user base.Sports Insights 2.0 was launched in 2024 with new features, design, stats and a smoother user experience.An experienced management team with local knowledge and insights targeting the Canadian audience leads the company.

Key Brands

NorthStarBets.ca

It is available to players in Ontario. The main game offerings on Northstarbets.ca include a sportsbook with pre-live and live markets with monthly sports betting markets, and slot/live and jackpot casino games. Northstarbets.ca offers more than 500 casino games, including slots, blackjack, roulette and baccarat, and a variety of stakes and live dealer games.

Liver dealer games are among the most popular among users. A “live dealer” casino game has a real person as the dealer with the game streamed on video. The live video feeds of the dealers and the casino environment are streamed to the players’ computers or mobile devices in real time. This technology enables players to see the game as it unfolds and interact with the dealer and other players.

NorthStarBets.com

It is available to players outside Ontario. NorthStarBets.com is a rebrand of Spreads.ca, an iGaming site owned and operated by the Abenaki Council of Wolinak, and is offered through NorthStar Gaming’s wholly owned subsidiary, Slapshot Media, a Canadian iGaming marketing and managed services provider.

Management Team

Michael Moskowitz – CEO and Chairman

Michael Moskowitz is the chief executive officer and a founding partner of NorthStar. He is a veteran technology executive and transformative leader who has more than 25 years of leadership experience in the consumer, communications, gaming and technology industries. Moskowitz was the previous CEO and chairman at Panasonic North America, where he led the company’s successful business and growth strategy in delivering integrated technology solutions for businesses, government agencies and consumers across North America. Prior to that, he also served as president and CEO of XM Canada (XSR.TO) and president of Palm in the Americas International. He sits on the executive board of Consumer Technology Association (CTA/CES) which represents the largest and most innovative technology companies in North America. He previously served as a director of Mobilicity (Canada), Hussmann Corporation (USA), and Panasonic Avionics Corporation (USA).

Corey Goodman – Chief Development Officer, Counsel and Corporate Secretary

Corey Goodman has held a variety of senior executive roles in both legal and business development capacities for nearly 20 years, and most recently served as chief corporate development officer to Torstar Corporation. His focus is on mergers and acquisitions and partnerships in media, energy and regulated industries. He was also general counsel to three public issuers.

Chin Dhushenthen – Interim CFO and VP of Compliance

Chin Dhushenthen has held numerous executive positions across a wide variety of functions including finance, compliance, risk management and technology. His prior experience includes The Hunter Group, Azerty United Canada, Hydrogenics, and most recently at CAPREIT. Dhushenthen is a chartered professional accountant, with more than 25 years of proven experience impacting business growth and maximizing profits through contributions in financial management and productivity improvements.

Barry Shafran – Lead Director

Barry Shafran has extensive public and private company leadership and board experience in multiple industries, including financial services, online gaming and the service industry. He was the founder and CEO of Chesswood Group, a financial services business, and he helped it scale from $10 million to $1 billion in revenues. Prior to Chesswood, he founded cars4U.com which was Canada’s first online auto retailer. On the iGaming front, he has worked with Cryptologic, an online gaming software provider. He was involved in the sale of Don Best (Las Vegas), a well-known odds-maker.

Vic Bertrand – Director

Vic Bertrand has more than 35 years of global business experience. From 1986 to 2014, he co-led MEGA Brands, transforming his family’s small local business into a vertically integrated, global toy leader with sales in over 100 countries. Bertrand is currently president of Stratinn, a real estate and investment firm. From 2019, he was CEO of ToysRUs CDA, where he restored profitability leading to an exit in 2021. In addition, he is an active advisor and director currently serving on the boards of CardioMech (Norway), Soundbite (Canada), and Spinal Stabilization Technologies (USA/Ireland).

Brian Cooper – Director

Brian Cooper has more than 30 years of experience in athlete representation, activation management, broadcast programming, executive-level property leadership, and sports marketing. He has been recognized for his imprint on the Canadian sports and entertainment landscape and was twice named one of the Globe and Mail’s Top 25 Power Players in Canadian Sports, Yahoo’s Top 25 most influential people in Canadian Sport, and was the first inductee to the Sponsorship Marketing Council of Canada’s Hall of Fame.

Chris Hodgson – Director

Chris Hodgson sits on the board of directors of many companies including GreenFirst, Helios Fairfax Partners Corporation, and Fairfax India Holdings Corporation. As a member of the Provincial Parliament, he served as Minister of Natural Resources, Minister of Northern Development and Mines, chairman of the Management Board of Cabinet, Deputy House Leader, and Minister of Municipal Affairs and Housing. As chairman of the Management Board of Cabinet, Hodgson was responsible for all gaming operations in Ontario. He has a background in real estate development and municipal politics in Ontario’s Haliburton County and has a Bachelor of Arts from Trent University.

Dean MacDonald – Director

Dean MacDonald has had a long and successful career in executive roles at many companies. Previously, he served as executive chairman and president and chief executive officer of ClearStream Energy and its predecessor Tuckamore Capital, as president and managing partner of Cable Atlantic, chief operating officer of Rogers Cable, and as the chief executive officer of Persona, a TSX-listed cable and internet services company. He has management and investment experience in several industries, including energy, commercial real estate, marketing and communications. He has served on numerous public and private boards over the past three decades.

Chris McGinnis – Director

Chris McGinnis has over 20 years of experience in finance, accounting, investor relations, corporate strategy, M&A, and equity research. He is currently chief financial officer at Playtech, the leading online gambling technology company. Prior to joining Playtech, McGinnis was head of corporate strategy at software company Temenos. He started his career at Deloitte in Canada where he qualified as a chartered professional accountant. He has also worked in Equity Research for UBS in Canada and Bank of America Merrill Lynch in the UK. He is also a chartered financial analyst.

Alex Latner – Director

Alex Latner joined Playtech as general counsel in January 2017. Prior to that, Latner spent his entire career in the London office of international law firm Berwin Leighton Paisner LLP (BCLP), now Bryan Cave Leighton Paisner LLP, where he was a partner in the corporate finance team from 2008 until he left the firm in 2017, having originally joined the firm as a trainee solicitor in 1998. At BCLP, Latner advised on a wide range of corporate finance transactions including flotations, secondary offerings and public and private M&A. Alex has extensive experience in the UK public markets, and acted for a number of listed UK and international companies and various investment banks and other corporate finance intermediaries across a broad range of industries, such as technology (including betting and gaming), real estate and the wider built environment. His clients included Playtech, which he had advised since before its original IPO on the London Stock Exchange’s AIM market in 2006.

Mike Cormack – Head of Content

Mike Cormack has two decades of experience in Canadian sports media, holding various editorial leadership roles. His strengths are developing and leading successful multiplatform content teams and strategies. He was previously managing editor of The Athletic, Toronto, and managing editor of sportsnet.ca.

This post appeared first on investingnews.com

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Biden preparing to block U.S. Steel sale to Japanese company

WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter confirmed to NBC News.

The storied American firm announced in December that it had agreed to be purchased by the Japanese-owned conglomerate, saying it was necessary for U.S. Steel’s evolution in an increasingly competitive and globalized marketplace.

But the agreement was immediately opposed by the Biden administration as not only a historic blow to U.S. manufacturing capacity, but also as a national security threat.

A water tower at the US Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, US, on April 6, 2024. Justin Merriman / Bloomberg via Getty Images

“U.S. Steel has been an iconic American company for more than a century and it should remain a totally American company,” Biden later said in April. “American-owned, American-operated by American union steelworkers, the best in the world. And that’s going to happen. I promise you.” 

A White House official said the Treasury committee charged with reviewing foreign investments into the U.S. hasn’t sent Biden a recommendation. It was not clear when such a recommendation would be made.

U.S. Steel executives have said that the deal’s failure would put the fate of thousands of union jobs — as well as its longtime Pittsburgh headquarters — in doubt. Pennsylvania is poised to be one of the most critical swing states in the fall election — meaning the potential loss of thousands of jobs there could have reverberating political repercussions.

“We want elected leaders and other key decision makers to recognize the benefits of the deal as well as the unavoidable consequences if the deal fails,” U.S. Steel CEO David Burritt said in a release. 

Once one of the largest companies in America, U.S. Steel today employs approximately 20,000 workers, down from about 340,000 at its height in 1943, according to the Pittsburgh Post-Gazette.

U.S. Steel’s market value was at about $7 billion as of Thursday morning. Its approximately $15 billion valuation by Nippon would make it worth about as much as Snap (formerly Snapchat) and Hyatt Hotels.

Shares of U.S. Steel climbed slightly Wednesday after initially declining on early reports from the Washington Post and New York Times that Biden was preparing to block the deal.

The U.S. Steel Edgar Thomson Works steel mill in Braddock, Pa. Justin Merriman / Bloomberg via Getty Images

In a statement, Nippon said that it had not received any update on the process, but that it opposed any effort to scupper the agreement.

‘Since the outset of the regulatory review process, we have been clear with the administration that we do not believe this transaction creates any national security concerns,’ it said. ‘U.S. Steel and the entire American steel industry will be on much stronger footing because of Nippon Steel’s investment in U.S. Steel — an investment that Nippon Steel is the only willing and able party to do so.’

The deal is still officially being reviewed by the Committee on Foreign Investment in the United States, an ostensibly nonpartisan arm of the U.S. Treasury that reviews national security implications of overseas entries into U.S. businesses. Its most recent high-profile case involved TikTok.

“We are very alarmed by any attempts to politicize the Committee on Foreign Investment in the United States (CFIUS) review process on the sale of the U.S. Steel to Nippon Steel Corporation, which should be conducted objectively based on fair rules and processes,’ a spokesperson for the Japan-U.S. Business Council said.

Nippon Steel also has its roots in firms more than a century old. Today, it is one of the largest producers of crude steel in the world and is worth more than $21 billion, but has been facing increasing competition from China.

Republican presidential nominee Donald Trump has previously stated he would block the deal ‘instantaneously’ if elected. In a new statement, the former president said that he would ensure U.S. Steel’s ‘facilities will remain under American ownership’ under a second Trump administration.

‘Kamala Harris is the one in the White House — if she wants to protect these American jobs she has the power to do it right now,’ a Trump campaign spokesperson said.

This post appeared first on NBC NEWS

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Google’s second antitrust trial could help shape the future of online ads

A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors.

In August, a judge ruled that Google has held a monopoly in internet search, marking the biggest antitrust ruling in the tech industry since the case against Microsoft more than 20 years ago. This time, Google is defending itself against claims that its advertising business has acted as a monopoly that’s led to higher ad prices for customers.

The trial begins in Alexandria, Virginia, on Monday and will likely last for at least several weeks. It represents the first tech antitrust trial from a case brought by the Biden administration. The department’s earlier lawsuit was first filed in October 2020, when Donald Trump was in the White House.

While U.S. officials have spent the past several years going after Big Tech, only Google has so far has ended up in federal court. The DOJ sued Apple in March, saying its iPhone ecosystem is a monopoly that drove its “astronomical valuation” at the expense of consumers, developers and rival phone makers.

In late 2020, the Federal Trade Commission filed an antitrust suit against Facebook (now Meta), claiming the company had built a monopoly through acquisitions of Instagram and WhatsApp. Earlier this year, Meta asked a court to dismiss the suit. In 2023, the FTC and 17 states sued Amazon for allegedly wielding its “monopoly power” to inflate prices, degrade quality for shoppers and unlawfully exclude rivals, undermining competition.

For Google, the focus turns to its ad tools, which are part of the company’s $200 billion digital ad business.

The government claims Google is in violation of Sections 1 and 2 of the Sherman Act, which prohibit anticompetitive behavior. The DOJ will argue that Google locked in publishers and advertisers to its products and that websites had to develop workarounds in response. A coalition of states, including California, Colorado, Connecticut, New Jersey, New York, Rhode Island and Tennessee, joined the case.

Google’s ad business has drawn numerous critics over the years because the platform operates on multiple sides of the market — buying, selling and an ad exchange — giving the company unique insights and potential leverage. In its initial lawsuit, the DOJ cited internal communication from a Google ad executive, who said owning multiple sides of the ad-selling process is like “if Goldman or Citibank owned the NYSE,” referring to the New York Stock Exchange.

At stake is how Google is allowed to operate its portfolio of ad products. The DOJ, if successful, seeks the divestiture of, at minimum, the Google Ad Manager suite (GAM), the marketplace that gives brands the ability to create and manage ad units and track ad campaigns and lets publishers sell ad inventory.

That’s different from Google’s flagship platform — Google Ads — which is primarily for businesses looking to advertise their products or services across search, websites, YouTube and other partner sites. 

In the most recent quarter, Google parent Alphabet reported ad revenue of $64.6 billion, accounting for over three-quarters of total sales. Of that amount, $48.5 billion came from search and other businesses like Gmail and Maps, and $8.7 billion came from YouTube.

The GAM suite is part of the Google Network business, which generated $7.4 billion in second-quarter revenue, or about 11% of total ad sales.

In addition to a potential partial breakup, Google could see a flood of litigation from advertisers seeking monetary rewards if the DOJ is successful. Bernstein analysts said Google could face up to $100 billion in such lawsuits.

In the first antitrust case, the court found that Google violated Section 2 of the Sherman Act, which outlaws monopolies. Judge Amit Mehta of the U.S. District Court for the District of Columbia agreed with the DOJ, which argued that Google has kept its share of the general search market by creating strong barriers to entry and a feedback loop that sustained its dominance.

“Google is a monopolist, and it has acted as one to maintain its monopoly,” Mehta wrote.

Google now awaits its punishment for that case. The DOJ is asking for an extended time frame, until February, to offer remedies, followed by a hearing in April. Google says the DOJ should have already done its homework and should be prepared to offer its proposal in October.

In the second case, the DOJ plans to show that Google has cobbled together unrivaled power through the acquisitions of companies like DoubleClick in 2008, and by building services that let ad buyers target users across the internet.

The company’s M&A strategy “set the stage for Google’s later exclusionary conduct across the ad tech industry,” the Justice Department alleges. The agency claims Google controls 91% of the market for ad servers, the space used by publishers to sell ads, and takes advantage of its power by unfairly raising ad prices.

The DOJ plans to call YouTube CEO Neal Mohan in for live testimony. Mohan, was previously vice president at DoubleClick before the acquisition. After being rolled into Google’s ad tech stack, DoubleClick’s technology allowed Google to require publishers, in some instances, to use all of its tools to gain access to any of them, meaning they couldn’t use rival services for parts of the online ad-buying process, the agency alleges.

“Website creators earn less, and advertisers pay more, than they would in a market where unfettered competitive pressure could discipline prices and lead to more innovative ad tech tools that would ultimately result in higher quality and lower cost transactions for market participants,” the DOJ says.

Some publishers have been forced to turn to alternative models like subscriptions to fund their operations, the government says, while others have gone out of business.

Google has long fought back against claims that it dominates online ads, pointing to the market share of competitors including Meta. It will argue that buyers and sellers have many options especially as the online ad market has evolved.

Google will also argue that the DOJ’s pursuits would slow innovation, raise advertising fees, and make it harder for thousands of small businesses and publishers to grow.

The company says that its ad tools adapt to handle the billions of ad auctions taking place on the internet each day, and that the DOJ doesn’t have an accurate picture of the ad space. Google will also tell the court that it’s always offered competitive rates for customers, who often mix and match advertising platforms.

As it relates to deal-making, Google will claim that DoubleClick and AdMeld weren’t killer acquisitions at the time and that regulators signed off on them.

In trying to prove its case, the DOJ has listed potential testimony from Jerry Dischler, formerly vice president of Google’s ad platform who currently leads the company’s cloud applications. It’s also noted the potential to call on several Google product managers.

Also on the DOJ’s list is Google AI executive Sissie Hsiao, who was formerly a director of global display, video and mobile app advertising, and Scott Sheffer, who is listed as vice president of Google partnerships. The government plans to include evidence from internal Google communications, testimony from publishers, advertisers and companies that tried to compete with Google as well as experts and professors from Stanford and Harvard, filings show.

Google also noted it may call on Nitish Korula, engineering director for Google assistant who was formerly senior technical advisor to search head Prabhakar Raghavan. It also requested testimony from Simon Whitcombe, a vice president at Meta, and suggested depositions from executives at BuzzFeed and The New York Times.

Though the DOJ and Google submitted a list of executives named for potential testimony or deposition, those individuals won’t necessarily be called.

Google declined to comment for this article.

This post appeared first on NBC NEWS

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Michel Barnier named as new French prime minister

Michel Barnier, the EU’s former chief Brexit negotiator, has been named France’s new prime minister, the French president’s office says, ending two months of stalemate following inconclusive parliamentary elections.

In a statement on Thursday, the Élysée Palace said: “The President of the Republic has appointed Michel Barnier as Prime Minister. He has to form a united government to serve the country and the French people.”

The statement added that Barnier’s appointment comes after “an unprecedented cycle of consultations” in order to ensure a stable government.

Barnier, 73, a staunch Europhile, is a member of the Republicans party which represents the traditional right. He is best known on the international stage for his role in mediating the United Kingdom’s exit from the European Union.

A 40-year veteran of French and European politics, Barnier has held various ministerial positions in France, including roles as foreign, agriculture and environment ministers. He served twice as a European commissioner as well as an adviser to President of the European Commission Ursula von der Leyen. In 2021, Barnier announced his bid for presidential elections but failed to garner enough support within his party.

Macron accepted the resignation of former Prime Minister Gabriel Attal and his government in July, after his centrist Ensemble alliance was defeated in the second round of France’s snap parliamentary election. The president has since faced calls from across the political divide to name a new PM. Last week, Macron told journalists during a trip to Serbia he was “making all the necessary efforts” to finalize a name.

Barnier’s prospects for forming a stable government are unclear. Currently, France’s far-right National Rally (RN) is one of the largest parties in parliament following the election in early July. It has previously suggested it could be open to working with Barnier and would not immediately veto him.

Still, RN politician Laurent Jacobelli spoke disparagingly of Barnier, telling French television network TF1: “They are taking out of mothballs those who have governed France for 40 years.”

Barnier served as the chief negotiator during the UK’s exit from the European Union. The lengthy talks between London and Brussels ran from 2016 to 2021 and he is known among Brexiteers in the UK for driving a hard bargain.

Born in January 1951 in a suburb of the Alpine city of Grenoble, Barnier was first elected to parliament at the age of 27.

This is a developing story and will be updated.

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Netanyahu is unequivocal about ceasefire and hostage agreement with Hamas: ‘There’s not a deal in the making’

Israeli Prime Minister Benjamin Netanyahu on Thursday was as clear as he has ever been about how he views a ceasefire and hostage agreement with Hamas.

“There’s not a deal in the making,” he told Fox News. “Unfortunately, it’s not close.”

“It’s exactly inaccurate. There’s a story, a narrative out there, that there’s a deal out there.”

Hamas “don’t agree to anything. Not to the Philadelphi Corridor, not to the keys of exchanging hostages for jailed terrorists, not to anything. So that’s just a false narrative.”

Netanyahu is facing mounting accusations that he has purposefully blocked a deal with Hamas. The Israeli newspaper Yedioth Ahronoth, citing a document it obtained, reported that Netanyahu in July effectively spiked a draft hostage and ceasefire deal by introducing a raft of new, eleventh-hour demands.

In the Fox News interview, Netanyahu rejected allegations that he has obstructed a deal.

“The obstacle to the end of this war is Hamas. The obstacle to the release of hostages is Hamas. The ones who butchered in a sling, murdering six people in cold blood, riddling them with bullets and then firing bullets into their heads is Hamas. It’s not Israel. It’s not me.”

Netanyahu was also questioned about reports that the families of American hostages still held by Hamas are lobbying the US Administration to unilaterally seek their loved ones’ release.

“I don’t know,” he said. “You know, I don’t judge the families. They’re going through enormous anguish.”

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