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FBI Director Kash Patel is tackling China’s influence on American farmlands head-on, as both a food supply and national security concern. 

Patel’s early focus on Chinese influence over American land — particularly farmland near sensitive sites — reflects a broader second-term push by the Trump administration to confront the Chinese Communist Party’s presence on U.S. soil. The effort has gained traction among Republican lawmakers and conservative allies, who say CCP-connected land ownership poses a direct threat to national security and critical infrastructure.

‘FBI Director Kash Patel has made eradicating CCP interference and infiltration in the United States a relentless, uncompromising priority,’ Patel advisor Erica Knight told Fox News Digital. 

‘With his unmatched experience in counterterrorism and intelligence, Patel possesses a profound understanding of the grave threats our nation faces,’ Knight said. ‘His expertise and unwavering resolve make him uniquely equipped to lead the bureau to crush CCP infiltration and safeguard America’s national security.’

 

Patel recently told lawmakers that the ‘effective resolution’ of the southern border crisis has prompted adversaries like China, Russia, and Iran to shift their focus to the U.S. northern border.

As the administration ramps up its second-term focus on China, President Donald Trump was asked aboard Air Force One on Thursday what the White House is doing about Chinese-owned farmland.

Trump said he is ‘looking at it all the time,’ adding that he has ‘a very good relationship with China and with the president.’

‘I have a lot of respect for President Xi,’ Trump said. 

Trump emphasized that Chinese-owned farmland ‘has been an issue for years.’

In a February Fox News op-ed, Presidential Envoy for Special Missions Ric Grenell echoed growing concern on the right over Chinese-owned farmland, calling it part of a ‘not-so-silent takeover.’

‘While conservative legislators and governors across the country are taking action to stop adversarial nations from buying U.S. farmland, we must recognize that there’s a much broader issue at play here — China’s end goal is not confined to land ownership,’ Grenell wrote. 

Capitol Hill lawmakers have already begun taking action. In early March, Sen. Mike Rounds, R-S.D., introduced the PASS Act in the Senate, which would bar entities from ‘covered countries’ — including China — from purchasing agricultural land near military bases or other sensitive sites.

The legislation, which also has Democratic support, would allow the Department of Agriculture to submit cases to the Committee on Foreign Investment in the U.S. for review if the department suspects there is a national security concern. 

Likewise, Republican senators in January also announced the Not One More Inch or Acre Act, led by Sens. Tom Cotton of Arkansas, Kevin Cramer of North Dakota and Katie Britt of Alabama. 

The legislation would require selling land owned or ‘influenced’ by the Chinese Communist Party that is deemed to be a national security risk.

Fox News Digital’s Morgan Phillips and Michael Lee contributed to this report. 

This post appeared first on FOX NEWS

: Sen. Jacky Rosen plans to introduce amendments ahead of Friday night’s ‘Vote-A-Rama’ that would roll back President Donald Trump’s tariffs on certain materials on key tourism partners, likely forcing her Republican colleagues to go on record defending the policy again. 

‘President Trump broke his promise to lower costs, and has enacted reckless tariffs that are jacking up prices even higher for hardworking Nevada families and harming my state’s tourism economy,’ Rosen, D-Nev., told Fox News Digital in an exclusive statement. 

‘Donald Trump may not care if his tariffs raise prices, but I do, and that’s why I’m trying to stop his new national sales tax. Every senator should be on the record: Do you stand with America’s working families who need financial relief, or do you stand with Trump in giving his billionaire buddies even more tax giveaways?’ 

The Nevada Democrat’s amendments include one to stop the administration from levying tariffs on critical construction materials for building houses, and one that would bar Trump from putting across-the-board tariffs on countries with many who visit the U.S.

‘I’ve already heard from Nevadans and Nevada business owners who are worried about how these new tariffs will impact their businesses and livelihoods, including the founder of a small business in Reno. They wrote to me saying, quote, ‘We maintain a small production facility in Reno . . . these duties will force us to raise retail prices by 37 percent, and we don’t believe our customers will accept that. This policy could wipe us out entirely,” Rosen said during her debate time on the floor on Friday.

‘They go on to say, quote, ‘I’m not asking for a favor. I’m asking for leadership that reflects the urgency and reality we face. These tariffs do not bring jobs back. They raise prices, punish small businesses, and put livelihoods at risk, all while making it harder for companies like mine to do what we’ve done for 13 years: create jobs, innovate, and support our families,’’ she went on.

On Thursday, Republicans agreed to a motion that kicked off roughly a day’s worth of debate, before the ‘vote-a-rama’ begins. 

A marathon of amendment votes is now expected to take place at some point on Friday after the debate ends. 

During this process, senators can introduce an unlimited number of amendments, and many are expected to get floor votes. 

The ‘vote-a-rama’ marks movement on Trump’s budget for border funding and extending his hallmark 2017 tax cuts, which Republicans in Congress have long been pursuing. This week, the Senate released its changes to the House’s budget reconciliation resolution, taking a big step forward. 

This amendment to the resolution will get a Senate vote at the end of the ‘vote-a-rama.’ 

The expected budget vote comes after months of disagreement between Republicans in the House and Senate, the former of which sought a reconciliation bill to tackle both the border and taxes, while many in the Senate wanted to split it into two bills. 

Ultimately, House Republicans got what they wanted in a one-bill approach, which Trump blessed. 

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Former President Barack Obama sought to distance himself from the Democratic Party after leaving it in shambles following his departure from the White House, according to a new book. 

The book, ‘Fight: Inside the Wildest Battle for the White House,’published by William Morrow and Company, claims that Obama was never a Democratic Party loyalist. Instead, the authors allege, Obama curried favor from a group of ‘Black professionals’ for his campaigns, unlike former President Bill Clinton and former Secretary of State and presidential candidate Hillary Clinton, and former President Joe Biden. 

Additionally, Obama’s creation of Organizing for Action — a nonprofit that launched in 2012 following Obama’s re-election to advance his legislative priorities — fractured the Democratic Party, according to the book, authored by political journalists Jonathan Allen ofNBC News and Amie Parnes of The Hill.  

‘Though Organizing for Action never realized his vision, it competed with the party for power and money,’ the book said. ‘He left the Democratic Party far weaker than he found it. Or, as one Black party operative put it, ‘Obama destroyed that s—.’’ 

The book also detailed how the Clintons, along with Biden and former Democratic National Committee Chair Donna Brazile and a few other party operatives, sought to ‘rebuild the party infrastructure’ following Obama’s 2016 departure from the White House. This meant preventing far-left Democrats from seizing control of the party and ensuring party loyalists ran the show, according to the book. 

‘By helping install party loyalists at the national and state committees over the course of years, these establishment Democrats kept progressive outsiders at bay. ‘You know who did that?’ said one Black Biden ally familiar with the maneuvering. ‘Bill and Hillary motherf—ing Clinton,’’ the book related. 

‘Fight,’ released Tuesday, also revealed how Obama remained hesitant to back former Vice President Kamala Harris in the 2024 election to replace Biden, amid concerns about his mental fitness. The book claimed that Obama didn’t believe Harris had the capacity to beat now-President Donald Trump in the November 2024 race, frustrating Harris. 

Ultimately, Obama endorsed Harris five days after Biden announced he would not run for office again in the 2024 race — a delay that offended Harris and required some ‘mending’ between the two Democrats, a source close to Obama said, Allen and Parnes wrote. 

A spokesperson for Obama’s press office did not immediately respond to a request for comment from Fox News Digital. 

Even so, Obama’s wife, former first lady Michelle Obama, appeared at the Democratic National Convention in August 2024 after Harris clinched the party’s nomination. 

‘Kamala Harris is more than ready for this moment,’ Michelle Obama said at the convention. ‘She is one of the most qualified people ever to seek the office of the presidency and she is one of the most dignified — a tribute to her mother, to my mother, and probably to your mother, too, the embodiment of the stories we tell ourselves about this country.’ 

Meanwhile, Democrat strategists predict that Barack Obama’s influence over the Democratic Party is waning, and some have suggested he is out of touch with the appeal of Trump. 

For example, political commentator and author Ben Burgess wrote an op-ed after Obama delivered a speech at the Obama Democracy Forum that part of the ‘problem’ is Obama doesn’t understand why Trump won the 2024 election and that the American public should stop listening to the former president. 

‘​​Obama’s characteristic rhetorical virtues were on full display,’ Burgess wrote in December 2024 for MSNBC, following Obama’s speech. ‘He was a constitutional law professor before he was a politician, and he still sounds like one. At the same time, he was a once-in-a-generation talent as a political communicator. He knows how to convey a complex set of ideas in a digestible and appealing way.’ 

‘But there was a massive gaping hole at the center of his speech,’ the op-ed stated. ‘He still doesn’t understand why his eight years in power culminated in the rise of Trump.’ 

‘Fight’ details how Trump secured the White House for a second term and the fallout of his victory for the Democratic Party. It is based on interviews Allen and Parnes conducted with more than 150 political insiders, according to the book’s description. 

Fox News’ Hanna Panreck and Emma Colton contributed to this report. 

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The Senate kicked off a marathon vote series on Friday night, which Republicans need to get through in order to approve their changes to the House’s plan for President Donald Trump’s budget. 

The endless amendment votes began after nearly a day of debate concluded. Republicans passed a key motion on Thursday to begin the process, which will end with a vote on their adjustments to the House GOP’s budget. 

During the ‘vote-a-rama,’ senators of both parties are able to introduce an unlimited number of amendments, and many are expected to get floor votes. Democrats are planning to use the marathon of votes as an opportunity to force Republicans to go on record on Trump’s tariffs and the actions of the Elon Musk-led Department of Government Efficiency (DOGE). 

On Thursday, the Senate agreed on a motion to proceed by a vote of 52 to 48, along party lines. 

The only exception was Sen. Rand Paul, R-Ky., who voted against it. He has notably criticized the budget amendment’s provision on the debt ceiling, which would raise it by up to $5 trillion. 

During the last such series in February, the Senate voted for about 10 hours, into the early morning. The budget they passed was the Senate GOP’s preferred strategy of having two budget reconciliation resolutions for the border and extending Trump’s tax cuts. 

But the House’s plan to address both in one bill ultimately won out after getting Trump’s blessing. 

It’s unclear how long the voting will last, as it depends on how many amendments get votes and when Democrat and Republican leadership in the Senate come to a time agreement. 

When the voting series ends, a final vote will take place to approve the Senate amendment to the House’s budget. If this passes, it will still need to return to the lower chamber before taking effect. 

In addition to raising the debt ceiling, and in doing so taking leverage away from the Senate Democrats, the Senate budget amendment makes Trump’s tax cuts permanent by what’s known as a current policy baseline, determined by Budget Committee Chairman Lindsey Graham, R-S.C.

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Defense Secretary Pete Hegseth is slated to meet with Panama leaders next week amid President Donald Trump’s continued efforts to regain control of the key strategic and military resource. 

The Trump administration has been outspoken about national security threats presented by alleged Chinese interference.

During a February visit to the country, Secretary of State Marco Rubio wrote in an X post that ‘the United States cannot, and will not, allow the Chinese Communist Party to continue with its effective and growing control over the Panama Canal area.’ 

Chief Pentagon spokesman Sean Parnell confirmed on Friday the secretary of defense will attend the 2025 Central American Security Conference, participating in discussions that will ‘drive ongoing efforts to strengthen the U.S.’s partnerships with Panama and other Central American nations,’ according to a report from the Associated Press.

The president, who has criticized the six-figure premiums imposed on U.S. ships traveling along the vital waterway, previously suggested repurchasing the canal.

It was built by the U.S. over the span of multiple decades, but was eventually handed over to Panama during the Carter administration.

The ‘Panama Canal Repurchase Act,’ a bill that was recently introduced in Congress, would give Trump the authority to negotiate with appropriate Panamanian government officials to reacquire the Panama Canal.

Panama President José Raúl Mulino previously said China does not have influence over the canal and accused Trump of ‘lying’ about potentially acquiring it, according to the AP.

BlackRock, Inc. later announced a $23 billion deal with Hong Kong-based CK Hutchinson to take ownership of the Panamanian ports of Cristobal and Balboa, along with 43 ports in 23 other countries, Fox News Digital previously reported.

The canal could be used as leverage for China in U.S. tariff negotiations.

Hegseth will also visit Eglin Air Force Base in Florida to meet with military members and leadership at the 7th Special Forces Group, according to the AP.

Fox News’ Morgan Phillips contributed to this report.

This post appeared first on FOX NEWS

The Senate approved changes to the House’s budget resolution on Saturday after an hourslong series of amendment votes during which Democrats sought to put Republicans on record on issues like tariffs and the Department of Government Efficiency (DOGE). 

It passed mostly along party lines in a 51 to 48 vote.

The amended framework would raise the debt ceiling by up to $5 trillion within the reconciliation process, taking future leverage away from Senate Democrats. It would also make President Trump’s 2017 tax cuts permanent by using what’s called a current policy baseline that Budget Committee Chairman Lindsey Graham, R-S.C., decides.

The scoring tool essentially means the cost of making Trump’s tax cuts permanent would be factored at $0 because it extends current policy, rather than counting it as new dollars being added to the federal deficit.

Budget reconciliation lowers the vote threshold in the Senate from 60 to 51, which lets Republicans approve certain priorities with no Democrat support. 

Washington’s Republican trifecta thus sees reconciliation as a key tool for delivering on Trump agenda items. 

The Senate’s Friday night ‘vote-a-rama’ was triggered by the chamber agreeing to a motion to proceed to the budget resolution amendment on Thursday night. Nearly a day of debate followed before the vote series was initiated.

During this type of voting series, senators of both parties can introduce an unlimited number of amendments, and many get floor votes.

The budget would address border funding for the Trump administration as well as extend the hallmark tax cuts Trump passed in 2017. 

Initially, there was stark disagreement between Republicans in the House and Senate on how to organize a budget reconciliation resolution. The House GOP leaders preferred one bill with both the border and taxes included, while those in the Senate wanted to have two separate resolutions for them. 

But the House’s approach ultimately won out, with Trump supporting their plan. 

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In a week that saw French right-wing leader Marine Le Pen banned from running for office, the South Korean Constitutional Court’s ouster of President Yoon Suk Yeol from office on Friday has critics looking towards Beijing’s hand in efforts to remove the leader from power.

‘Yoon’s foreign and security policies stand in stark contrast to the pro-China figures long supported and controlled by the [Chinese Communist Party (CCP)],’ Anna Mahjar-Barducci, Middle East Media Research Institute (MEMRI) project director, told Fox News Digital. She explained that those policies ‘posed a threat to Beijing’s long-term strategy of cultivating a pro-China faction in South Korea,’

Mahjar-Barducci claimed the CCP has used ‘overt economic cooperation, political donations, covert benefit transfers and even illegal sexual bribery’ to cultivate ‘certain South Korean political figures over time, aiming to undermine the U.S.-South Korea alliance, weaken South Korea’s strategic independence and expand its regional influence at the expense of the U.S.’ 

Mahjar-Barducci also claimed that one Korean activist who spoke to her on Friday told her that election fraud in South Korea had been organized in cooperation with China, whose government had unduly influenced the past two general elections. 

The Associated Press reported on Friday that supporters of the ousted president were enraged by the decision. Kim Min-seon, a Yoon supporter, is quoted as saying it was the only way to deal with liberals blocking Yoon’s efforts to fight Pyongyang and Beijing’s campaigns to threaten South Korea’s democracy through cyberattacks, disinformation and technology theft — something denied by the opposition party. 

Yoon had long provoked the ire of North Korean dictator Kim Jong-un over his plans to increase his country’s nuclear capacity. The former South Korean leader sought increased cooperation with the U.S. as a deterrent to the North Korean threat.

A spokesman from the Chinese embassy in Washington D.C. did not answer Fox News Digital questions on allegations the country interferes in Seoul’s politics. Questions sent to the South Korean embassy were not returned. 

Mahjar-Barducci also explained that given the ‘intensive coverage by Beijing’s media’ of Yoon’s dismissal, the CCP is ‘brimming with pride’ and ‘extremely pleased’ with the turn of events. Beijing ‘has already taken down two pro-American South Korean presidents, Park Geun-hye and Yoon Suk Yeol, which shows just how deep Beijing’s infiltration and influence in South Korea are,’ she said.

‘South Korea needs to be the strongest ally, along with Japan, of America,’ Mahjar-Barducci continued. But Beijing is poising itself to ‘win over this important strategic area,’ which the U.S. ‘cannot afford to lose.’

Mahjar-Barducci said Yoon’s removal is part of a ‘pattern… all over the world’ of right-wing candidates being forbidden from seeking election, including Romanian right-wing presidential frontrunner Călin Georgescu and French right-wing politician Le Pen. ‘The judiciary has been weaponized once again,’ she explained.

The CCP’s hand in South Korea comes at a time when Beijing is holding large-scale military drills around Taiwan, with 19 vessels from the Chinese navy being spotted in the waters surrounding Taiwan between Monday and Tuesday morning. Mahjar-Barducci said that while Beijing has attempted to make such drills ‘a new normal,’ it has also warned that the ‘drills could unexpectedly turn into a real war.’

South Korea will hold elections for a new president in two months. Fox News Digital has reported that surveys show liberal opposition Democratic Party leader Lee Jae-myung is ‘an early favorite’ for the position.

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Not for distribution to United States Newswire Services or for dissemination in the United States

Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (‘Silver47’ or the ‘Company’) is pleased to announce the completion of its previously announced non-brokered private placement (the ‘Private Placement’), raising gross proceeds from the fourth tranche of $1,800,000 through the issuance of 3,600,000 (the ‘Units’) at a price of $0.50 per Unit. The Company issued an aggregate of (i) 18,538,400 Units and (ii) 929,192 flow-through units of the Company (the ‘FT Units’) at a price of $0.57 each, for aggregate gross proceeds to the Company of approximately $9.8 million under the Private Placement.

‘We are extremely grateful for the strong support from our existing and new shareholders, which allowed us to upsize this private placement from $3 million to $9.8 million’ Commented Gary R. Thompson, CEO ‘This level of support reflects the confidence in our projects and growth potential. With these funds, we are well-positioned to carry out an exciting and productive year of exploration and development at our Red Mountain Project in Alaska.’

Each Unit consists of one common share in the capital of the Company (the ‘Common Share‘) and one-half of one Common Share purchase warrant (with each full warrant being a ‘Warrant‘). Each Warrant will entitle the holder to acquire one Common Share at a price of $0.75 within 36 months following issuance.

In connection with the final closing, the Company paid aggregate finders’ fees of $51,940 in cash, representing 7% of the aggregate proceeds raised by the finders, and issued 103,880 finders’ warrants (the ‘Finders’ Warrants‘), representing 7% of the number of securities sold to subscribers introduced to the Company by the finders. Each Finders’ Warrant is exercisable for one Common Share at an exercise price of $0.75 for a period of 36 months from the date of issuance. The Company paid aggregate finders fees of $336,234 in cash and issued 669,158 finders’ warrants under the Private Placement.

All securities issued pursuant to the Private Placement are subject to a restricted hold period of four months and a day from the date of issuance under applicable Canadian securities legislation. The Private Placement remains subject to the final approval of the TSX Venture Exchange (the ‘TSXV‘).

Corporate Update

Concurrent with the completion of the Private Placement, the Company has granted to certain directors, officers, employees and consultants of the Company an aggregate of 2,600,000 stock options (the ‘Options‘). The Options are exercisable for a 10-year period from the date of grant and will vest in two equal installments, 12 and 24 months from the date of grant. Each vested Option will entitle the holder to acquire one Common Share at an exercise of $0.60. The Options are subject to the terms and conditions of the Company’s share compensation plan and the policies of the TSXV. Of the Options granted above, 300,000 Options were granted to High Tide Consulting Corp. (‘High Tide‘), a provider of investor relations services, pursuant to the Contractor’s Agreement (as such term is defined below).

The Company has engaged the services of High Tide to provide corporate communications, investor relations and strategic marketing services in compliance with the policies of the TSXV and applicable securities laws. High Tide is expected to heighten capital market awareness and understanding of the Company and to assist with managing investor communications and expectations, through various outreach and marketing programs.

In connection with the engagement of High Tide, the Company and High Tide has entered into an independent contractor’s agreement (the ‘Contractor’s Agreement‘). Pursuant to the terms of the Contractor’s Agreement, the Company has agreed to pay High Tide a cash fee of C$7,500 plus applicable taxes per month and grant 300,000 Options as indicated above. The Contractor’s Agreement is for an initial term of six months and may be terminated by either party on at least 30 days written notice.

High Tide is a company based in British Columbia, Canada, and offers a full suite of investor relations and communications services for public and private companies. High Tide is an arm’s length party to the Company. High Tide has no present, direct or indirect interest in the Company or its securities, nor any right or present intention to acquire such an interest except as otherwise provided in this release. High Tide and its clients may acquire an interest in the securities of the Company in the future.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘), or any state securities laws and may not be offered or sold in the ‘United States’ or to ‘U.S. persons’ (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration Corp.

Silver47 Exploration Corp. is a Canadian-based exploration company that wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US. These projects include the Red Mountain Project in southcentral Alaska, a silver-gold-zinc-copper-lead-antimony-gallium VMS-SEDEX project. The Red Mountain Project hosts an inferred mineral resource estimate of 15.6 million tonnes at 7% ZnEq or 335.7 g/t AgEq, totaling 168.6 million ounces of silver equivalent, as reported in the NI 43-101 Technical Report dated March 2, 2023. The Company also owns the Adams Plateau Project in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX-VMS project, and the Michelle Project in the Yukon Territory, a silver-lead-zinc-gallium-antimony MVT-SEDEX project. For detailed information regarding the resource estimates, assumptions, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR at www.sedarplus.ca. The Common Shares are traded on the TSXV under the ticker symbol AGA.

For more information about the Company, please visit www.silver47.ca and see the Technical Report filed on SEDAR+ (www.sedarplus.ca) and titled ‘Technical Report on the Red Mountain VMS Property Bonnifield Mining District, Alaska, USA with an effective date January 12, 2024, and prepared by APEX Geoscience Ltd.’.

Follow us on social media for the latest updates:

    On Behalf of the Board of Directors
    Mr. Gary R. Thompson, Director and CEO
    gthompson@silver47.ca

    For investor relations
    Meredith Eades
    info@silver47.ca
    778.835.2547

    No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    FORWARD-LOOKING STATEMENTS

    This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘expect’, ‘intend’, ‘estimate’, ‘upon’ ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. Forward-looking statements and information include, but are not limited to: ; anticipated use of proceeds from the Private Placement; vesting and exercise of the Options; High Tide’s services to be performed pursuant to the Contractor’s Agreement; ability to obtain all necessary regulatory approvals; the statements in regards to existing and future products of the Company; and the Company’s plans and strategies. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: ; receipt of required regulatory approvals of the Private Placement; engagement of High Tide on the terms described in the Contractors’ Agreement; the use of proceeds not being as anticipated; the vesting and exercise of the Options; the Company’s ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and the additional risks identified in the Company’s financial statements and the accompanying management’s discussion and analysis and other public disclosures recently filed under its issuer profile on SEDAR+ and other reports and filings with the TSXV and applicable Canadian securities regulators. The forward-looking information are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247329

    News Provided by Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) (‘Riverside’ or the ‘Company’), is pleased to announce that the Supreme Court of British Columbia has granted the final order on April 3, 2025 in connection with the previously announced plan of arrangement (the ‘Arrangement’) under the Business Corporations Act (British Columbia) involving the spin-out of its equity interest in its subsidiary Blue Jay Gold Corp. (‘Blue Jay’).

    The transaction remains subject to final approval by the TSX Venture Exchange and is expected to be completed in the second quarter of 2025 upon completion of all required filings and approvals.

    The common shares in the capital of Blue Jay are expected to be listed on the TSXV following completion of the Arrangement. Additional details about the Arrangement are included in the Company’s management information circular dated February 18, 2025, available on Riverside’s SEDAR+ profile at www.sedarplus.ca and on the Company’s website at www.rivres.com.

    About Riverside Resources Inc.

    Riverside is a well-funded exploration company driven by value generation and discovery. The Company has over $4M in cash, no debt and less than 75M shares outstanding with a strong portfolio of gold-silver and copper assets and royalties in North America. Riverside has extensive experience and knowledge operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective mineral properties. In addition to Riverside’s own exploration spending, the Company also strives to diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets simultaneously and create more chances for discovery. Riverside has properties available for option, with information available on the Company’s website at www.rivres.com.

    For additional information contact:

    John-Mark Staude
    President, CEO
    Riverside Resources Inc. 
    info@rivres.com
    Phone: (778) 327-6671
    Fax: (778) 327-6675
    Web: www.rivres.com
    Eric Negraeff
    Investor Relations
    Riverside Resources Inc.
    Phone: (778) 327-6671
    TF: (877) RIV-RES1
    Web: www.rivres.com

     

    Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., ‘expect’,’ estimates’, ‘intends’, ‘anticipates’, ‘believes’, ‘plans’). Such information involves known and unknown risks – including receipt of all required regulatory approvals with respect to the Arrangement and the listing of the shares of Blue Jay, the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

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

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247318

    News Provided by Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    CleanTech Lithium PLC (AIM: CTL), a lithium exploration and development company operating in Chile, further to its announcement on 15 January 2025 (‘Application RNS’), provides an update regarding the Special Lithium Operating Contract (‘CEOL’) application process for the Laguna Verde project.

    As outlined in the Application RNS, the Company expected the simplified procedure for the CEOL Award Mechanism to be as follows: Submission of applications closed on 31 January 2025 following which the Ministry IT and legal departments had 5 business days to register and organise the submittal. The Ministry´s Lithium and Salar Unit then has 45 business days to review and analyse the request. Once this analysis is completed and the Lithium and Salar Unit verifies that all the information and documents needed to enter the simplified procedure have been submitted then an administrative act to accept the application will be made.

    This timetable indicated that an update from the Government was expected at the beginning of April confirming which applicants will enter direct negotiation on the CEOL with the Ministry. So far, no such update has been made and following recent discussions between CleanTech Lithium and the Ministry, the Company understands that the administration process is still progressing for all applicants. The Company will inform the market as soon as official communication is received.

    Steve Kesler, Executive Chairman and Interim CEO, CleanTech Lithium said:

    ‘Clearly, the process is taking a little longer than we had initially anticipated but we look forward to the response when the Ministry has completed its review process.’

    For further information contact:

    CleanTech Lithium PLC

    Steve Kesler/Gordon Stein/Nick Baxter

    Jersey office: +44 (0) 1534 668 321

    info@ctlithium.com

    Chile office: +562-32239222

    Beaumont Cornish Limited (Nominated Adviser)

    Roland Cornish/Asia Szusciak

    +44 (0) 20 7628 3396

    Fox-Davies Capital Limited (Joint Broker)

    Daniel Fox-Davies

    +44 (0) 20 3884 8450

    daniel@fox-davies.com

    Canaccord Genuity (Joint Broker)

    James Asensio

    +44 (0) 20 7523 4680

    Beaumont Cornish Limited (‘Beaumont Cornish’) is the Company’s Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish’s responsibilities as the Company’s Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

    Notes

    CleanTech Lithium (AIM:CTL) is an exploration and development company advancing lithium projects in Chile for the clean energy transition. Committed to net-zero, CleanTech Lithium’s mission is to scale battery grade lithium at its flagship project, Laguna Verde, using Direct Lithium Extraction technology powered by renewable energy.

    CleanTech Lithium is committed to utilising Direct Lithium Extraction (‘DLE’) with reinjection of spent brine resulting in no aquifer depletion. Direct Lithium Extraction is a transformative technology which removes lithium from brine with higher recoveries, short development lead times and no extensive evaporation pond construction. For more information, please visit: www.ctlithium.com

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