Author

admin

Browsing

Although Vice President JD Vance might not agree, many observers saw his barn burner of a capstone speech at Turning Point USA’s AmericaFest this weekend in Phoenix as the first major moment of the 2028 presidential election. But was Vance crowned as the nominee? It’s complicated.

Anna, in her 30s and a longtime AmFest attendee, was all in on Vance after the speech.

‘I live in Florida and I love Gov. DeSantis, but he is too right wing for the whole country,’ she told me.

Paul, in his 50s and attending his first TPUSA event, sounded a similar sentiment, saying, ‘Who else is there? I don’t see why we wouldn’t just stick with what is already working.’

Almost everyone I spoke to, and I spoke to a lot of people, shared this view. The exception was Kelli, who is 55 and fiercely proud that her two kids in their 20s have remained staunch conservatives in bright blue Seattle. She likes Vance, but said, ‘I think he has to earn it. We need a real primary.’

Something unique is happening here.

After the 2022 midterm disaster for the Republicans, I asked GOP voters who supported both Donald Trump and Ron DeSantis if they wanted everyone to go all in for their guy or if they wanted a fight. Everyone chose the latter, but that isn’t true today.

It isn’t so much Vance himself who is garnering near universal support at AmFest, it is the Trump administration, the team the president has assembled. More so than any presidential election since Vice President Al Gore ran in 2000, this is shaping up to be a race for a third term.

In the English language, we don’t have a lot of pleasant-sounding words for a small group of people who maintain power. Utterances like ‘regime’ and ‘cabal’ come off negative, but there is nothing undemocratic about this idea, it’s just a bit untraditional.

In an age in which Congress can’t pass a resolution to tie its own shoes, many voters are looking to the executive branch for consistency and continuity.

I asked Vance himself about this theory and if he saw himself as running for a third Trump term.

‘Honestly, it feels disloyal to even talk about 2028,’ he said. ‘We’re not even a year in! But yes, I am very much on the team. It’s one of the reasons I think the 2028 talk is so premature.’

‘Consider this hypothetical: If an opportunity is presented that would make Marco Rubio look good, be great for the administration, and wouldn’t really involve me (at least publicly), what do I do?’ Vance continued. ‘If I’m optimizing for 2028, I try to kill the opportunity. If I’m optimizing for the country, for the administration, and to be a good human being, we do it.’

To be completely clear, Vance told me flat out he is not thinking about 2028. But his remarks did suggest, I think correctly, that one way or another, it will be the Trump administration and its policies and priorities that will be on the ballot in 2028, not some new vision.

Aside from his position as No. 2 on the Trump team, the other reason that Vance seems to have the inside track for 2028 is the enthusiasm that young conservative voters have for him.

There were teenagers lined up at 4 a.m. to see Vance. I have a teenager, and getting him out of bed before 10 a.m. on a Sunday is a miracle, but the kids love their vice president, there is just no denying it.

We’re a long way from 2028, and there are a lot of dominoes that still have to fall. But as it approaches, it will be the entire Trump administration not just defending its record in the presidential race, but asking to stay in power.

Trump has brought the conservative movement to the mountaintop, in sight of the promised land. Is JD Vance the man who can take it there? Only time will tell, but if you ask almost anyone at AmFest, the answer is a resounding yes.

This post appeared first on FOX NEWS

A former conservative lawyer-turned-vocal critic of President Donald Trump is jumping into the crowded Democratic primary to replace retiring Rep. Jerry Nadler, D-N.Y.

George Conway, who was previously married to Trump’s 2016 campaign manager, Kellyanne Conway, filed to run in New York’s 12th Congressional District on Monday.

The Manhattan-based district is considered a safe blue seat. Nadler, who served in Congress since 1992, announced in September of this year that he was stepping down amid pressure on older Democrats to make way for a new generation.

Conway was once known in Washington, D.C., as one of the lawyers who worked on Paula Jones’ case when she sued then-President Bill Clinton for sexual harassment.

He also championed conservative causes as a member of the Federalist Society, a right-wing law society.

But in recent years, Conway has made a name for himself as a vehement Trump critic, even while his wife worked as a senior advisor in his White House. George and Kellyanne Conway announced their divorce in March 2023.

Conway was also a founding member of the Lincoln Project, a Republican group that has taken out advertisements and championed causes in direct opposition to Trump.

A document on the Federal Election Commission (FEC) website shows that Conway registered a principal campaign committee on Monday based in New York City.

What appears to be a campaign website listed on the form, GeorgeConwayForCongress.com, is not yet active as of early Monday afternoon.

The registration also notes he is running in the Democratic primary, which is shaping up to be a crowded race. 

At least 12 people have shown interest in the seat so far. Among the most prominent candidates is Jack Schlossberg, the 32-year-old grandson of John F. Kennedy.

Cameron Kasky, an organizer for the anti-gun group March For Our Lives, is also one of the candidates alongside New York State Assembly members Micah Lasher and Alex Bores.

ABC News legal analyst Jami Floyd and New York City council member Erik Bottcher have also filed to run.

Fox News Digital reached out to the emails associated with Conway’s FEC filing for further comment but did not immediately hear back.

This post appeared first on FOX NEWS

Former President Bill Clinton’s spokesman is calling on the Department of Justice to release any remaining documents related to the former president and Jeffrey Epstein following the DOJ’s document release Friday. 

‘We call on President Trump to direct Attorney General Bondi to immediately release any remaining materials referring to, mentioning, or containing a photograph of Bill Clinton,’ a statement from Clinton spokesman Angel Ureña on Monday reads. 

‘This includes, without limitation, any records that may exist and are subject to disclosure under the Act (Public Law 119–38 enacted Nov. 19, 2025), including grand jury transcripts, interview notes, photographs, and findings by the United States Attorney for the Southern District of New York (as referenced under oath to Congress by President Trump’s first-term Attorney General),’ it continued. 

Clinton’s office said that the DOJ’s partial release of Epstein-related documents Friday allegedly shows ‘someone or something is being protected.’ President Donald Trump signed a bipartisan law in November that required the Department of Justice to release all ‘unclassified records, documents, communications and investigative materials’ within 30 days of Trump’s signature. 

‘The Epstein Files Transparency Act imposes a clear legal duty on the U.S. Department of Justice to produce the full and complete record the public demands and deserves,’ Ureña continued.

‘However, what the Department of Justice has released so far, and the manner in which it did so, makes one thing clear: someone or something is being protected. We do not know whom, what or why. But we do know this: We need no such protection.’

Fox News Digital reached out to the DOJ Monday afternoon regarding the new statement from Ureña. 

The Friday Epstein drop included a handful of photos of Clinton, including him swimming shirtless, posing with music icons such as Michael Jackson, and other redacted photos showing the former president with unidentifiable individuals. 

When asked about the photos when they initially dropped, Ureña directed Fox Digital to a statement he posted to X.

‘The White House hasn’t been hiding these files for months only to dump them late on a Friday to protect Bill Clinton,’ he wrote Friday. ‘This is about shielding themselves from what comes next, or from what they’ll try and hide forever. So they can release as many grainy 20-plus-year-old photos as they want, but this isn’t about Bill Clinton. Never has, never will be. Even Susie Wiles said Donald Trump was wrong about Bill Clinton.’

Ureña said there are ‘two types of people’ involved in the Epstein scandal: those who did not know of Epstein’s crimes and cut him out of their lives upon his conviction and a second group of people who ‘continued relationships with him after’ his crimes came to light.

‘We’re in the first. No amount of stalling by people in the second group will change that,’ the Clinton spokesman continued. ‘Everyone, especially MAGA, expects answers, not scapegoats.’ 

Files that included victims’ names, child sex abuse materials, classified materials or other materials that could threaten an active investigation were allowed to be withheld or redacted by the DOJ, per the transparency law. 

The Trump DOJ released thousands of files related to the Epstein investigations throughout the years, with the department expected to release additional documents in the coming days. Democrats have slammed the DOJ and Trump over the slow release of the documents following the president signing the Epstein Files Transparency Act into law. 

‘The law Congress passed is crystal clear: release the Epstein files in full so Americans can see the truth,’ Senate Minority Leader Chuck Schummer said in a press release Monday, teeing up litigation against the administration over the release. ‘Instead, the Trump Department of Justice dumped redactions and withheld the evidence — that breaks the law. Today, I am introducing a resolution to force the Senate to take legal action and compel this administration to comply.’

Epstein was a well-connected financier with a lengthy Rolodex of billionaires and celebrities who floated in and out of his orbit across the years. He was convicted of sex trafficking minors in 2008 and served just more than one year of incarceration, which also included a controversial work-release arrangement under a plea agreement. 

He was arrested again in 2019 on charges of sex trafficking before he was found dead in his Manhattan jail cell by suicide. 

MAGA supporters have claimed that Epstein kept an alleged ‘client list’ of high-profile names that he used to blackmail individuals in a web of sex trafficking and crimes. The Department of Justice announced over the summer, however, that there was ‘no incriminating ‘client list” of prominent individuals involved in an alleged sex trafficking scheme, nor that Epstein blackmailed anyone on such list. 

The DOJ previously reported that the evidence shows Epstein did in fact commit suicide, which contradicted speculation on social media that Epstein was murdered in his jail cell in 2019, which set off criticisms among Trump supporters to release further documents on the case, with Democrats joining those calls while invoking questions about Trump’s relationship with Epstein. 

Trump has slammed the calls as part of a ‘Democrat hoax’ while defending that he ‘threw him out’ of Mar-a-Lago after he ‘stole’ employees from the private club in his falling out with Epstein in the 2000s.

Fox News Digital reached out the Department of Justice Monday afternoon regarding Urena’s latest statement, but did not immediately receive a reply.

This post appeared first on FOX NEWS

The Justice Department on Monday appealed the dismissal of its criminal cases against former FBI director James Comey and New York Attorney General Letitia James, making good on its vow to revive both cases despite what appear to be significant legal and procedural hurdles.

Lawyers for the Trump administration appealed both cases Monday to the Fourth Circuit Court of Appeals, based in Richmond, Va. 

‘The power to appoint an interim U.S. Attorney for the Eastern District of Virginia pursuant to 28 U.S.C. § 546 during the current vacancy lies with the district court until a U.S. Attorney is nominated by the President and confirmed by the Senate,’ the Justice Department said in its appeal.

Both appeals challenge a ruling handed down by U.S. District Judge Cameron Currie in November, which found that former Trump lawyer Lindsey Halligan was illegally appointed to her role as interim U.S. attorney for the Eastern District of Virginia. 

Because Halligan was unlawfully appointed — and was the sole prosecutor who secured the indictments — Currie ruled that the indictments were invalid and dismissed both cases without prejudice.

‘Ms. Halligan has been unlawfully serving in that role since September 22, 2025,’ Currie said in an opinion filed in both cases. 

‘All actions flowing from Ms. Halligan’s defective appointment’ as a result, he said, ‘constitute unlawful exercises of executive power and must be set aside.’

Attorney General Pam Bondi vowed then to ‘immediately’ appeal the decision, and FBI Director Kash Patel said the FBI and Justice Department are exploring other options to keep the case against Comey alive.

James was charged with two counts of bank fraud and making false statements to a financial institution during her 2020 purchase of a home in Norfolk, Virginia. 

Comey was charged with making false statements to Congress and for obstruction related to his testimony in September 2020. 

Currie dismissed Comey’s case and James’ case ‘without prejudice’ – a detail that left the door open for the government to secure new indictments.

Prosecutors ultimately attempted, without success, to re-indict both Comey and James, prompting new questions about the strength of the case.

Federal prosecutors twice tried and failed to secure a new indictment against James from grand juries in Norfolk and then in Alexandria. Neither effort was successful.

In Comey’s case, a separate judge ordered prosecutors to erase certain evidence – including emails and data – that had played a central role in the Justice Department’s case.

Comey’s case also raises statute-of-limitations concerns, as both charges carried five-year limits that expired Sept. 30 – just three days after Bondi installed Halligan at the U.S. Attorney’s Office.

It is unclear whether the judge’s order ‘resets the clock’ on the statute of limitations under a federal law, as Trump’s allies have argued it should. 

Under the same law, a dismissal by the Fourth Circuit U.S. Court of Appeals would trigger a 60-day window for the Trump administration to re-indict Comey.

The Justice Department notified the lower court Monday that it had filed both requests to the Richmond-based U.S. Court of Appeals for the Fourth Circuit. 

This post appeared first on FOX NEWS

The Department of War announced Monday that the Pentagon is partnering with Elon Musk’s artificial intelligence (AI) ecosystem to deploy Grok across its government systems.

The agency said the ‘frontier‑grade’ capabilities of xAI’s Grok family of models will be integrated into the department’s recently launched AI platform, GenAI.mil

As soon as early 2026, the partnership will allow the Department’s 3 million military and civilian personnel to safely access more advanced AI tools for everyday tasks, including handling sensitive government information.

According to xAI, its tools can support administrative tasks at the federal, state and local levels, as well as ‘critical mission use cases’ at the front line of military operations.

‘Today, the War Department officially entered into an agreement with xAI, paving the way for the deployment of its advanced capabilities on GenAI.mil,’ the department said. ‘This move builds on the rapid deployment of cutting‑edge AI across the Department’s 3 million military and civilian personnel.’

The tools will allow employees to use xAI safely on secure government systems for routine work, including tasks involving sensitive but unclassified information, without violating security protocols.

With xAI designed to analyze real-time data, the War Department said the partnership would give personnel ‘a decisive information advantage.’ 

Grok will give personnel access to live information from X, providing the War Department with faster situational awareness around the globe, the department said.

xAI added that the partnership could lead to potential future classified workloads. 

‘Through an ongoing, long-term partnership with the DoW and other mission partners, xAI will make available a family of government-optimized foundation models to support classified operational workloads,’ the company said.

The War Department said that it will continue to scale its AI ecosystem for speed, security and decision superiority.

‘This announcement marks another milestone in America’s AI revolution, and the War Department is driving that momentum forward,’ the department said. 

‘These two new partnerships are part of our longstanding support of the United States Government and xAI’s mission to bring the best tools and technologies available in industry to benefit our nation,’ xAI added.

The collaboration marks another chapter in Elon Musk’s long-running relationship with government initiatives.  

Musk previously helped lead the Trump administration’s Department of Government Efficiency, where he briefly reformed operations and cut excess spending within the federal government. 

This post appeared first on FOX NEWS

The Social Security Administration’s (SSA) internal watchdog has confirmed that the agency’s publicly reported phone service data was accurate and that performance improved during fiscal year 2025, according to a new audit completed after Sen. Elizabeth Warren, D-Mass., questioned whether the figures could be trusted.

The Office of the Inspector General (OIG) reviewed the SSA’s national 800-number telephone metrics and found that the data the agency released to the public was correct, and that overall service improved during fiscal year 2025, according to a draft audit report provided to agency leadership ahead of public release. The report did not issue any recommendations to the agency.

The review was initiated after Warren expressed concerns in June about long wait times and the reliability of SSA’s phone performance data. She formally requested an audit on July 24, prompting SSA Commissioner Frank J. Bisignano, who serves under President Donald Trump, to agree to an independent review by the watchdog.

The audit found that SSA served 68 million callers during fiscal year 2025, either through live agents or automated systems, a 65% increase from the prior year. Average wait times fluctuated early in the year but improved steadily, according to the audit, ending the fiscal year at roughly seven minutes in September after peaking at about 30 minutes in January.

The metric cited by the agency, known as Average Speed of Answer, measures only the time callers actively wait on hold before speaking to an employee and does not include time spent waiting for callbacks.

‘Last year, people waited 40 minutes on the phone, and now they’re in single digits. We’re doing twice as many calls,’ Bisignano said.

In an exclusive interview with Fox News Digital, Bisignano said the audit confirmed what agency leadership had been reporting publicly about improvements in service levels.

‘Senator Warren was completely wrong in everything that she was saying, and it’s now been proven out,’ Bisignano said, citing the watchdog’s finding that SSA’s publicly reported telephone metrics were calculated accurately.

Bisignano said he welcomed the audit and was confident the data would withstand independent scrutiny.

The inspector general’s report concluded that SSA’s telephone performance improved during fiscal year 2025 largely because of operational changes, including the rollout of a new cloud-based telecommunications platform, expanded automation and staffing realignments. The platform, implemented in August 2024, allowed SSA to increase call capacity, expand self-service options and monitor performance in real time, according to the report.

The watchdog also confirmed that SSA’s internal data-verification process ensured accuracy by comparing raw data with reported metrics and working with vendors to resolve any discrepancies. The audit found no evidence that the agency misrepresented its national 800-number performance.

Bisignano said improvements were driven by a combination of technology, process changes and workforce adjustments.

The report explains that SSA experienced especially high call volumes between January and March 2025 due to Medicare and tax-related questions, as well as the implementation of the Social Security Fairness Act of 2023, which affected more than 3.2 million beneficiaries. 

Despite the surge, the agency reduced average wait times over the course of the year.

The audit also found that about 25 million calls during fiscal year 2025 ended without callers receiving service, either because callers disconnected, did not answer callback attempts or encountered busy signals. Those calls were not included in the agency’s wait-time metrics.

Automation played a growing role in absorbing the surge. According to the audit, automated systems handled an average of nearly 2.9 million calls per month in fiscal year 2025, up from about 300,000 per month the year before. Automated services allowed callers to complete common tasks without speaking to a live agent, reducing pressure on phone lines.

The inspector general also reviewed how SSA calculates its Average Speed of Answer metric, which measures the time callers actively wait on hold before speaking to an employee. The audit clarified that callers who accept a callback are counted as having zero active wait time, a methodology that reduces the average but does not include the time callers wait to receive callbacks.

Bisignano said transparency about how the numbers are calculated is essential.

‘We figured out how to leverage technology, process engineering, and human capital,’ he said.

Staffing changes also contributed to the turnaround. Early in fiscal year 2025, the number of employees available to answer national 800-number calls declined by about 13%. By July, SSA began assigning roughly 1,000 field office employees each day to help handle national call volume. The audit found that this coincided with sharp improvements in wait times, with Average Speed of Answer dropping from about 13 minutes in June to roughly 7.5 minutes in July.

The audit did not evaluate service levels or wait times at local Social Security field offices.

Beyond wait times, the audit found that service quality remained high. About 87% of callers who responded to post-call surveys said their issue was resolved on the first contact. The survey results reflect feedback from callers who reached an SSA employee and do not include callers who only used automated services.

Bisignano said the improvements matter most for seniors and beneficiaries who rely on Social Security services.

‘We’re investing in Social Security and servicing the American public at a level they’ve never been serviced before,’ he said. ‘We’ll meet you where you want to be met: on the phone, in the field offices or on the web.’

He added that people who haven’t called the agency recently may be surprised by how much has changed.

‘What would surprise them the most is how quickly they can get their phone call answered,’ he said.

Looking ahead, Bisignano said the agency plans to continue expanding digital services and reducing backlogs, including in disability claims, while maintaining accountability through ongoing oversight.

‘Expect us to always have double-digit improvements in every metric we have,’ he said. ‘This is just the beginning.’

The OIG report in full can be read here.

‘The bottom line is that Donald Trump’s Social Security chief lied about call wait times to cover up his customer service mess,’ Sen. Warren said in an email to Fox News Digital. ‘This new watchdog report reveals that true wait times were more than three times higher than what Commissioner Bisignano claimed, and tens of millions of callers were simply unable to get help on the phone at all.’

This post appeared first on FOX NEWS

The Federal Communications Commission announced on Monday that it would ban new foreign-made drones, citing national security concerns.

The FCC said it was adding uncrewed aircraft systems (UAS) and their critical components made in China and other foreign countries to its ‘covered list’ that features equipment that has been determined to pose an ‘unacceptable risk’ to U.S. national security and the safety of Americans. Specific drones or components would be exempt if the Pentagon or Department of Homeland Security determined they did not pose such risks.

The distinction prohibits the products from being sold or imported in the U.S. The order does not apply to technology that has already been sold in the U.S.

The agency said that allowing foreign-made UAS and component parts to be sold in the U.S. ‘undermines the resiliency of our UAS industrial base, increases the risk to our national airspace, and creates a potential for large-scale attacks during large gatherings,’ citing upcoming events such as the 2026 World Cup and the 2028 Summer Olympics in Los Angeles.

‘Criminals, terrorists, and hostile foreign actors have intensified their weaponization of these technologies, creating new and serious threats to our homeland,’ the FCC said in its notice.

The announcement comes a year after a defense bill was adopted that raised national security concerns about Chinese-made drones, which have been used in farming, mapping, law enforcement and filmmaking.

The bill called for stopping two Chinese companies — DJI and Autel — from selling new drones in the U.S. if a review found they posed a risk to U.S. national security.

A spokesperson for DJI said in a statement that it is ‘disappointed’ by the FCC’s decision and that ‘no information has been released regarding what information was used’ in the government’s determination to add its drones and component parts to the covered list.

‘Concerns about DJI’s data security have not been grounded in evidence and instead reflect protectionism, contrary to the principles of an open market,’ the statement said.

The House Select Committee on the Chinese Communist Party praised the FCC’s move, saying it ‘strongly supports’ the decision.

‘It will help safeguard our national security, protect the American people, and wind down the unacceptable national security threat posed by DJI and other Chinese drones,’ the committee wrote on X.

‘Taken together with the Administration’s recent executive actions to accelerate domestic drone commercialization, this sends an unmistakable signal to American industry: The U.S. is open for drone innovation—and American manufacturing will be rewarded,’ it added.

Arthur Erickson, chief executive officer and co-founder of the Texas-based drone-making company Hylio, told The Associated Press that the departure of DJI would provide more opportunity for American companies like his to grow. He said new investments are coming in to help him boost production of spray drones, which farmers use to fertilize their fields, and it will bring down prices.

But Erickson also called it ‘crazy’ and ‘unexpected’ that the FCC would expand the restrictions to all foreign-made drones and their components.

‘The way it’s written is a blanket statement,’ Erickson said. ‘There’s a global-allied supply chain. I hope they will clarify that.’

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Monday (December 22) as of 9:00 am UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$89,286.25, up by 2.3 percent over 24 hours.

Bitcoin price performance, December 22, 2025.

Chart via TradingView

Ether (ETH) was priced at US$3,026.40, up by 3.3 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.92, up by 1.4 percent over 24 hours.
  • Solana (SOL) was trading at US$126.14, up by 2.3 percent over 24 hours.

Today’s crypto news to know

US crypto funds See US$952M outflow amid regulatory delays

Investors pulled US$952 million from US crypto investment products last week, marking the first weekly outflow in a month, according to data from CoinShares.

The exodus was concentrated in the US totaling US$990 million, which was partially offset by modest inflows into Canadian and German products.

Analysts attributed the sell-off to continued delays in the US CLARITY Act, prolonging regulatory uncertainty, alongside concerns about large holders offloading positions.

Ethereum-based funds led the outflows with US$555 million, while Bitcoin products saw US$460 million leave.

Hong Kong moves to unlock insurance capital for crypto investments

Hong Kong’s Insurance Authority has proposed new rules that would allow licensed insurers to invest in cryptocurrencies and related infrastructure, potentially unlocking billions in capital.

According to a Bloomberg report, insurers under the proposed framework would face a 100 percent “risk charge” on direct crypto holdings, meaning a dollar of capital must be set aside for every dollar invested. Stablecoins pegged to fiat would attract lower risk charges.

The initiative aims to attract institutional investors while maintaining prudential safeguards against crypto volatility.

Public consultation on the draft rules is scheduled for February through April 2025, with formal legislative submissions expected later in the year.

Binance allowed high-risk accounts post-plea deal, FT reports

Binance reportedly continued to permit suspicious accounts to operate after its US$4.3 billion U.S. plea agreement in 2023, according to a Financial Times investigation.

Internal files reviewed by the FT showed accounts linked to terror financing networks, improbable login patterns, and failed identity checks remained active, moving billions of dollars in crypto.

One account from Venezuela moved US$93 million, with portions connected to networks tied to Iran and Hezbollah.

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

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

This post appeared first on investingnews.com

Valereum Plc (AQSE: VLRM) is pleased to announce that WAGEEN Token (WAG1), the flagship digital asset issued within the Wageen Corp. group, will imminently be listed on VLRM Markets, the Company’s licensed and regulated tokenisation venue for real-world asset (RWA) opportunities. This agreement is expected to generate $600,000 in revenue for VLRM Markets upon the successful completion of the Wageen token issuance.

WAG1 introduces a differentiated investment structure combining stable fixed income with long-term growth potential. The token provides investors with regulated exposure to the rapidly expanding Mobility-as-a-Service (MaaS) sector across Latin America, participating in the evolution of a technology-driven mobility platform with strong regional scalability.

The issuance targets a total raise of US$20 million, of which US$6 million has already been secured through institutional commitments. WAG1 offers an 11% fixed annual yield, payable annually, with investors gaining exposure to Wageen Corp.’s planned growth in the Mobility-as-a-Service sector ahead of its intended equity offering.

Wageen Corp. is building an integrated mobility ecosystem combining terrestrial, air, and maritime transport services into one platform. The application enables users to access ride-hailing and premium mobility options, including private aviation, yachts, and helicopter services, through a single digital interface.

In addition to its financial structure, WAG1 also includes lifestyle-based utility features, delivered through partnerships with transport and travel providers, offering real-world benefits for token holders.

Gary Cottle, Group CEO of Valereum Plc, comments:

‘The addition of WAG1 to VLRM Markets shows the appetite that’s out there for regulated digital assets connected to real-world sectors which are using intelligence to revolutionise life and business.’

Richard White, Group CEO of Wageen, adds:

‘WAG1 offers investors a regulated entry point into the next generation of integrated mobility. With a competitive yield structure and an ambitious expansion roadmap, it represents a unique opportunity to participate in the development of a scalable and future-driven mobility ecosystem.’

Board and Corporate Update

In parallel with this commercial progress, Valereum Plc announces that Matt Ripperger has stepped down from his role as Non-Executive Director. This transition forms part of the anticipated Board reconstitution already signalled in relation to the planned introduction of strategic funding from Valereum QGP-SP.

On behalf of the Board, the Company would like to thank Matt for his service and the expertise he has contributed to Valereum during a pivotal period of development, and wishes him every success in his future endeavours.

The Company also confirms that it is in advanced discussions regarding the appointment of a new AQSE Corporate Adviser. The Board has selected an adviser with the capability and experience required to support Valereum’s strategic plan.

A further announcement will be made in due course.

The Directors of the Company accept responsibility for the contents of this announcement.

For further information, please contact:

Valereum Plc

Karl Moss

Tel: +44 7938 767319

Investor Hub

Fortified Securities

Guy Wheatley

Tel: +44 203 4117773

To read more, please visit the Company’s website at www.vlrm.com

or

To engage with Valereum directly by asking questions, watching video summaries and seeing what other shareholders have to say, navigate to our Investor Hub here: Sign Up

IMPORTANT NOTICES

The Company holds cryptocurrencies or cryptoassets in its treasury. Whilst the Board of Directors of the Company considers holding cryptocurrencies to be in the best interests of the Company, the Board remains aware that the financial regulator in the UK (the Financial Conduct Authority or FCA) considers investment in cryptocurrencies to be high risk. At the outset, it is important to note that an investment in the Company is not an investment in cryptocurrencies, either directly or by proxy and shareholders will have no direct access to the Company’s holdings. However, the Board of Directors consider cryptocurrencies to be an appropriate store of value and potential growth and therefore appropriate for the Company. Accordingly, the Company is and intends to continue to be materially exposed to cryptocurrencies.

The Company is neither authorised nor regulated by the FCA, and the purchase of certain cryptocurrencies are generally unregulated in the UK. As with most other investments, the value of cryptocurrencies can go down as well as up, and therefore the value of the Company’s cryptocurrencies holdings can fluctuate. The Company may not be able to realise its cryptocurrencies holdings for the same as it paid to acquire them or even for the value the Company currently ascribes to its cryptocurrencies positions due to market movements. Neither the Company nor investors in the Company’s shares are protected by the UK’s Financial Ombudsman Service or the Financial Services Compensation Scheme.

Cryptocurrencies may present special risks to the Company’s financial position. These risks include (but are not limited to): (i) the value of cryptocurrencies can be highly volatile, with value dropping as quickly as it can rise. Investors in cryptocurrencies must be prepared to lose all money invested in cryptocurrencies; (ii) the cryptocurrencies market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its cryptocurrencies at will. The ability to sell cryptocurrencies depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) cryptoassets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. Prospective investors in the Company are encouraged to do their own research before investing.

Source

This post appeared first on investingnews.com

TOMAGOLD CORPORATION (TSXV: LOT; OTCPK: TOGOF) (“TomaGold” or the “Company”) is very pleased to announce the initial assay results from drill holes TOM-25-009 and TOM-25-010 at its Berrigan Mine project located in the Chibougamau mining camp, in Québec. These are the first two of seven holes for a total of 3,098 metres at Berrigan Mine, with the objective of testing the historical mineralized structure and opening new potential mineralization at depth. The results confirm the presence of high-grade gold-bearing polymetallic vein systems within an extensive mineralized envelope hosted in ultramafic rocks.

Highlights

  • Main High-Grade Intersections:
    • Hole TOM-25-009 (from 156.70 m): 6.68% ZnEq (1.57 g/t AuEq) over 48.05 metres, including 39.03% ZnEq (9.15 g/t AuEq) over 2.90 metres and 21.86% ZnEq (5.12 g/t AuEq) over 5.40 metres.
    • Hole TOM-25-009 (from 244.50 m): 5.44% ZnEq (1.27 g/t AuEq) over 15.20 metres, including 25.15% ZnEq (5.85 g/t AuEq) over 2.55 metres.
    • Hole TOM-25-010 (from 130.70 m): 2.67% ZnEq (0.62 g/t AuEq) over 48.30 metres, including 12.87% ZnEq (3.00 g/t AuEq) over 6.25 metres.
  • Assay results are pending for five drill holes targeting the lateral and depth extensions of the known mineralized envelope (TOM-25-011 to TOM-25-015).
  • Hydrothermal footprint: Identification of a significant hydrothermal signature at the roof of the main mineralization, providing valuable exploration guidance for potential extensions.
  • Exploration ongoing: A Borehole EM survey is currently underway on the ground to identify new targets.

Figure 1: Berrigan Mine Drill Hole Location Map

Figure 2: Longitudinal Section of the Berrigan Mine Known Mineralized Envelope and Completed Drill Holes (excluding TOM-25-011 and TOM-25-012)

David Grondin, CEO of TomaGold, commented: “These initial results are truly outstanding, most notably the 39% ZnEq intersection in hole TOM-25-009. The confirmation of a hydrothermal footprint overlying the main mineralized zones significantly reinforces our geological understanding of the Berrigan Mine project. With the EM survey currently underway and extension drilling results expected in January, we look forward to defining the full scale and continuity of the mineralized envelope.”

Jean Lafleur, P.Geo., VP Exploration at TomaGold, added: “TomaGold is currently advancing an all-encompassing litho-structural and geophysical compilation, synthesis and interpretation for its Chibougamau mining camp projects, incorporating AI modeling with Windfall Geotek’s proprietary system. We’ve also completed additional geophysical work to refine both gold and polymetallic targeting for the upcoming winter 2026 exploration campaign. This approach has already yielded new targets, which are currently being tested through diamond drilling. The latest drilling results at Berrigan Mine offer a glimpse into the exploration potential of some of these targets.”

Mineralization at Berrigan Mine is primarily associated with carbonatized ultramafic rocks. Analysis of visually non-mineralized samples, including intervals initially excluded from sampling, has identified low-grade halos associated with quartz-carbonate stockwork that increase the potential volume of the mineralized envelope. A borehole EM survey is currently being conducted on holes from this campaign to guide future deep drilling. To ensure a comprehensive understanding of the system, the team proactively analyzed previously unsampled sections to ensure that no low-grade mineralization or alteration halos were overlooked.

Next steps will include receipt of assay results in January 2026 for five additional holes testing lateral and depth extensions, integration of EM and complete core assay data into the resource model, compilation and characterization of alteration systems, and planning of a field exploration program. Phase 2 drilling will be planned following compilation of Phase 1 drilling, geophysical data, and results from the upcoming field campaign.

Table 1: First Two Holes of Phase 1 Drilling Campaign at Berrigan Mine Project

Hole ID

From (m)

To

(m)

Length (m)

ZnEq

(%)

AuEq (g/t)

Au

(g/t)

Ag

(g/t)

Cu (ppm)

Zn

(ppm)

TOM-25-009

156.70

204.75

48.05

6.68

1.57

1.12

7.55

365

13977

Including

156.70

159.60

2.90

39.03

9.15

6.76

40.24

1897

75694

Including

163.95

169.00

5.05

3.85

0.90

0.41

11.35

285

14295

Including

181.70

182.90

1.20

14.06

3.29

2.36

19.50

346

28900

Including

189.20

194.60

5.40

21.86

5.12

3.75

16.35

754

48142

Including

196.00

198.60

2.60

2.40

0.57

0.43

5.28

565

1116

Including

204.00

204.70

0.70

43.65

10.25

8.71

9.20

478

60100

230.35

236.80

6.45

1.36

0.32

0.14

1.23

152

6699

Including

235.70

236.80

1.10

5.61

1.31

0.72

2.80

373

22700

244.50

259.70

15.20

5.44

1.27

0.59

7.22

440

24026

Including

254.60

257.15

2.55

25.15

5.85

2.24

32.07

1472

134216

TOM-25-010

108.00

111.00

3.00

2.54

0.60

0.51

1.53

232

2310

120.65

125.00

4.35

8.93

2.08

0.95

9.11

482

42663

Including

121.95

125.00

3.05

9.18

2.14

0.84

10.56

578

48566

130.70

179.00

48.30

2.67

0.62

0.30

4.11

385

10557

Including

135.75

142.00

6.25

12.87

3.00

1.63

16.13

928

47881

Including

144.80

149.00

4.20

2.21

0.51

0.12

4.68

366

13073

Including

158.30

159.35

1.05

4.05

0.94

0.16

5.93

974

27300

Including

175.50

177.70

2.20

4.71

1.10

0.79

3.57

393

10377

Notes:

  • The reported widths represent core lengths. ZnEq and AuEq are calculated using the Company’s standard parameters. True width is estimated to be approximately 80–85% of the core length, depending on the deviation angles.
  • AuEq calculation was based on US$4150/oz Au, $51.36/oz Ag, US$5.044/lb Cu and $1.398/lb Zn. AuEq = Au g/t + (Ag g/t × 0.01237) + (Cu ppm × 0.000083) + (Zn ppm × 0.000023). The use of AuEq is to calculate cut-off grades for exploration purposes, and no adjustments were made for metal recovery.
  • ZnEq calculation was based on US$4047/oz Au, $50.22/oz Ag, US$4.796/lb Cu and $1.390/lb Zn. ZnEq = Zn ppm + (Ag g/t × 527) + (Au g/t x 42466) + (Cu ppm × 3.45) / 10,000. The use of ZnEq is to calculate cut-off grades for exploration purposes, and no adjustments were made for metal recovery.

Table 2: Berrigan Mine Drill Hole Collars

Hold ID

Azimuth

Dip

Length

UTM – East

UTM – North

Elevation

TOM-25-009

129.70

-55.40

276.00

542370.00

5532596.00

395

TOM-25-010

130.01

-55.05

252.00

542419.00

5532647.00

392

Note: Assay results are pending for TOM-25-011 to TOM-25-015.

About the Berrigan Mine Project

The Berrigan Mine property consists of 16 claims totalling 483 hectares located 4 km north-northwest of the town of Chibougamau. TomaGold has an option to acquire 100% of the property from Chibougamau Independent Mines Inc.

The property has been the subject of more than one historical estimate. Met-Chem Canada Inc. prepared the most recent of these in April 2001 in a report titled: “Pre-feasibility study: Etude Conceptuelle, Projects Berrigan and Tortigny” by Chuinard et al. In the report, a resource estimate completed using polygonal estimation techniques stated 1,388,915 tonnes of material grading 3.17% Zn and 1.77 g/t Au on the main Berrigan Mine zone. No resource classifications were given for the resource (GM61359).

The mineral resource estimate presented above is historical in nature and was not prepared in accordance with National Instrument 43-101 standards. Accordingly, the reader is cautioned not to rely on this estimate, in whole or in part, as a current mineral resource. Substantial data compilation, verification, and, potentially, additional drilling and resampling would be required by a qualified person before the historical estimate could be classified as a current mineral resource. There can be no assurance that any portion of the historical mineral resource will ultimately be confirmed or demonstrated to be economically viable. For further information regarding the Berrigan Mine Project, please consult the press release dated September 13, 2023.

Technical Disclosure

The drilling program was managed by Explo-Logik of Val-d’Or, Québec. Drill core was split in half, with one half submitted to AGAT Laboratories at Val-d’Or for analysis. Gold was analyzed by fire assay (50 g) with atomic absorption finish, while base metals were analyzed by four-acid digestion with ICP-OES finish. Samples with gold grades greater than 10 g/t are reprocessed using metallic screening with a 106 µm cutoff. The processed material is split and analyzed by fire assay with ICP-OES finish to extinction. A separate split is prepared to independently analyze mineralized intervals with a target grade greater than 1.00% Cu-Zn using a Na₂O₂ fusion with ICP-OES or ICP-MS finish. Sample preparation duplicates, certified reference standards, and blanks are inserted into the sample stream.

The technical content of this press release has been reviewed and approved by Jean Lafleur, P.Geo., Vice President of Exploration of the Company, and Suzie Tremblay, P.Geo., Vice President of Operations at Explo-Logik Inc. and a consultant to TomaGold, each acting as a Qualified Person under National Instrument 43-101.

About TomaGold

TomaGold Corp. (TSXV: LOT, OTCPK: TOGOF) is a Canadian junior mining company focused on the acquisition, exploration, and development of high-potential precious and base metal projects, with a primary focus on gold and copper in Québec and Ontario. The Company’s core assets are located in the Chibougamau Mining Camp in northern Québec, where it owns the Obalski gold-copper-silver project and holds options to acquire 12 additional properties, including the Berrigan Mine, Radar, David, and Dufault projects. TomaGold also holds a 24.5% joint venture interest in the Baird gold property near the Red Lake Mining Camp in Ontario. In addition, the Company has lithium and rare earth element (REE) projects in the James Bay region, strategically positioned near significant recent discoveries.

Cautionary Statement on Forward-Looking Information

This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news 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 the potential results of exploration and drilling activities, 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, opinions, or other factors should change.

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

Contacts

David Grondin
President and Chief Executive Officer
(514) 583-3490
www.tomagoldcorp.com

Source

This post appeared first on investingnews.com