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Troy Minerals Completes Fully Subscribed Life Offering

Troy Minerals Inc. (‘Troy‘ or the ‘Company‘) (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3)is pleased to announce that is has issued a total of 15,000,000 units at price of $0.10 per unit under its LIFE Offering detailed in its June 30, 2025 news release, for gross proceeds of $1,500,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire an additional common share at a price of $0.15 per common share for a period of two years from the date of issuance.

In connection with the offering the Company paid cash finder’s fees of $43,062.

The Units were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106’). Pursuant to NI 45-106, the securities forming part of the Units issued to Canadian resident subscribers under the Offering are not subject to resale restrictions. The warrants, and any shares issued on exercise of the warrants are subject to a contractual hold period expiring four months from the closing date of the offering.

ON BEHALF OF THE BOARD,

Rana Vig | CEO and Director
Telephone: 604-218-4766
rana@ranavig.com

Forward-Looking Statements

Certain information contained herein constitutes ‘forward-looking information’ under Canadian securities legislation. Forward-looking information includes, but is not limited to the intended use of funds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘will’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release

Source

Click here to connect with Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) to receive an Investor Presentation

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Hudbay Secures US$600 Million Mitsubishi Partnership for Arizona Copper Project

Hudbay Minerals (TSX:HBM,NYSE:HBM) has struck a US$600 million deal with automobile giant Mitsubishi (TSE:8058) for a 30 percent stake in its Copper World project in Arizona, marking one of the largest foreign investments in the US copper sector in recent years.

Announced Tuesday (August 12), the agreement will see Mitsubishi pay US$420 million on closing and a further US$180 million within 18 months.Mitsubishi will also fund its 30 percent share of future capital contributions as the mine moves toward full construction.

Hudbay president and chief executive Peter Kukielski called the joint venture “an important milestone” for the Toronto-based miner.

“Through this partnership we will leverage our complementary strengths to deliver our world-class Copper World project, produce domestic copper in the US for the US critical minerals supply chain and create value for all our stakeholders,” Kukielski said in the company’s statement.

The deal pairs Hudbay, the fourth-largest copper company listed on the NYSE, with one of Japan’s biggest trading houses, which has a long history of joint ventures in some of the world’s most productive copper mines.

Copper World’s first phase, located on private land in Pima County, about 50 kilometers southeast of Tucson, is fully permitted and expected to produce 85,000 tons of copper annually over an initial 20-year mine life.

Hudbay positions Copper World as “Made in America” copper production, a label that may gain added importance following last month’s move by US President Donald Trump to impose a 50 percent tariff on imported copper pipes, wiring, and other semi-finished products, while leaving refined copper cathodes and raw materials untaxed.

It estimates the project will contribute US$1.5 billion to the US critical minerals supply chain and become one of the largest investments in southern Arizona’s history.

The construction is also projected to create more than 1,000 jobs a year over a three-year period, with letters of commitment in place with seven US labour unions. Once operational, the mine is expected to employ over 400 people directly and support up to 3,000 indirect jobs.

Hudbay says it will also deliver more than US$850 million in US tax revenues over the mine’s first two decades.

On the financial side, Hudbay said the Mitsubishi transaction will significantly improve its flexibility by cutting its share of remaining capital contributions for Copper World to about US$200 million based on pre-feasibility study (PFS) estimates.

In addition, the company has also reached a non-binding agreement with Wheaton Precious Metals (TSX:WPM,NYSE:WPM) to amend their existing streaming deal on Copper World’s gold and silver output.

The revised terms keep the US$230 million upfront deposit in place but add up to US$70 million in contingent payments tied to future mill expansions and shift ongoing payments from fixed prices to 15 percent of spot market prices.

Mitsubishi’s investment adds to its existing portfolio of stakes in five of the world’s 20 largest copper mines by 2024 production. In North America, its wholly-owned subsidiary Mitsubishi Corporation (Americas) manages about US$9 billion in assets across more than 50 subsidiaries and affiliates in industries from mineral resources to power generation.

The Copper World stake provides the Japanese trading house with long-term access to US copper production at a time when global demand for the metal is expected to climb due to its role in electrification, renewable energy, and electric vehicle production.

Hudbay said that it expects to finish the definitive feasibility study by mid-2026 and will make a final investment decision later that year.

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

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Harvest Gold Kicks Off Drilling at Mosseau, Launches Urban-Barry Till Program, and Completes Labelle Mag Survey

(TheNewswire)

Vancouver, British Columbia / August 14, 2025 ‑ TheNewswire – Harvest Gold Corporation (TSXV: HVG) (‘ Harvest Gold ‘ or the ‘ Company ‘) is pleased to provide an update on exploration activities across its 100%-owned Quebec properties, all located in the Abitibi Greenstone Belt within the Urban-Barry area. The Company has mobilized a diamond drill to commence drilling at its Mosseau property, initiated a property-wide till sampling program at its Urban-Barry project, and completed a high-resolution airborne magnetic survey over the LaBelle property and recently acquired claims southeast of Mosseau .

Rick Mark, President and CEO of Harvest Gold states: ‘We are all very excited to be advancing exploration on all three of our Urban-Barry area properties, simultaneously. This includes our much-anticipated 5000 meter diamond drilling program at Mosseau and an extensive first time geochemistry examination at the large Urban-Barry property. And, we have now completed a first time look at another sizable property, Labelle, through an airborne geophysics program that is continuous with the very revealing mag survey done last year on Mosseau.’

Diamond Drilling at Mosseau

The diamond drill is expected to be mobilized this week to the Mosseau property. Phase I of the planned 5,000-metre diamond drilling program at Mosseau follows an extensive compilation of regional data, a high-resolution magnetic survey, and encouraging results from the soil sampling program and reconnaissance mapping and prospecting programs. Drilling will focus on high-priority targets in the northern portion of the property, which hosts numerous historical gold showings, as well as in the Central area where recent geophysical and geochemical surveys have identified several quality targets for gold mineralization (Figures 2 and 3).

Till Sampling at Urban-Barry

Harvest Gold has also commenced fieldwork at its 19 km-long Urban-Barry property, which averages 4 km in width. Limited prospecting and mapping were conducted last summer; however, due to some reasonably extensive overburden, the Company determined that a till sampling survey would be the most effective tool to evaluate the property’s gold potential. The survey is being conducted by IOS Services Géoscientifiques and consists of NW-SE oriented sampling lines spaced 1,000–1,500 metres apart, perpendicular to the dominant ice-flow direction, with individual samples collected every 250–300 metres. A total of 145 samples are planned (Figure 4).

Magnetic Survey at LaBelle

This week, the Company completed a high-resolution airborne magnetic survey over the LaBelle property and newly staked claims, at a 50-metre line spacing totaling 1,368 line-kilometres (Figure 5). Conducted by Novatem Airborne Geophysics, the survey covers an area with minimal historical exploration, but is interpreted from government regional magnetic data to be the southeast extension of the mineralized corridor hosting known mineralization at Mosseau.

These programs are designed to expand the Company’s exploration pipeline and support future drill targeting across its broad Quebec project portfolio.

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha , located approximately 45-70 km west of Gold Fields Limited’s – Windfall Deposit (Figure 1).

Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories.  Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.


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Figure 1: Project Location: Urban-Barry Greenstone Belt


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Figure 2: Magnetic Domains across the Northern and Central Target Areas of Mosseau


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Figure 3: Drill targets on the Mosseau property (magnetics)


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Figure 4: Till Sampling program in progress on the Urban-Barry Property


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Figure 5:  Recently completed airborne magnetic survey lines on the LaBelle and Mosseau (2025) and airborne magnetic results of Mosseau (2024)

Qualified Person Statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com

Neither 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.

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 Harvest Gold 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, exploitation and exploration successes, and 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 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.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Allied Critical Metals Closes First Tranche of Oversubscribed Non-Brokered Private Placement and Upsize to $5m of the Offering

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) (‘Allied’ or the ‘Company’) is pleased to announce it has closed the first tranche (the ‘First Tranche’) of the previously announced non-brokered private placement offering (the ‘Offering’) of 14,996,986 units of the Company (the ‘Units’ and, each, a ‘Unit’) at a price of $0.30 per Unit raising gross proceeds $4,499,095.80. Each Unit will be comprised of one common share of the Company (a ‘Share’) and one-half of one common share purchase warrant (each whole common share purchase warrant, a ‘Warrant’). Each Warrant will entitle the holder thereof to acquire one additional Share (each a ‘Warrant Share’) at a price of $0.40 per Warrant Share and will be exercisable for a period of 24 months from the date of issuance.

The Company further announces that it has increased the size of the Offering to raise combined gross proceeds (including the First Tranche) of up to $5,000,000 in aggregate. The Company expects to close a final tranche of the Offering on or about August 18, 2025 (the ‘Final Tranche‘).

The Company intends to use the net proceeds of the Offering for ongoing exploration and development activities on the Borralha Tungsten Project and Vila Verde Tungsten Project and for additional working capital.

The Offering is subject to approval of the Canadian Securities Exchange (the ‘CSE‘), and all Units and securities of the Company issued pursuant to the Offering will be subject to a four month hold period from the date of issuance. The Offering will not result in the creation of a new insider or control person of the Company.

The Company paid finder’s fees of $310,386.30 in cash and 1,034,621 Finders Warrants (as defined below) in connection with the First Tranche of the Offering to eligible finders in accordance with policies of the CSE and applicable securities laws comprised of (i) a cash commission of up to 7% of the gross proceeds of the First Tranche, and (ii) a number of finders warrants (‘Finders Warrants‘), equal to up to 7% of the number of Units issued under the Offering with each Finders Warrant exercisable for one additional Unit of the Company for a period of 24 months at $0.30 per Unit from the date of issuance.

The Company may also pay finder’s fees in connection with the Final Tranche of the Offering to eligible finders in accordance with policies of the CSE and applicable securities laws consisting of (i) a cash commission of up to 7% of the gross proceeds of the Final Tranche, and (ii) a number of Finders Warrants equal to up to 7% of the number of Units issued under the Final Tranche.

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

About Allied Critical Metals Inc.

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal. Tungsten has been designated a critical metal by the United States and other western countries, as they are aggressively seeking friendly sources of this unique metal. Currently, China, Russia and North Korea represent approximately 86% of the total global supply and reserves. The tungsten market is estimated to be valued at approximately USD $5 to $6 billion and it is used in a variety of industries such as defense, automotive, manufacturing, electronics, and energy.

Please visit our website at www.alliedcritical.com.

Also visit us at:

LinkedIn: https://www.linkedin.com/company/allied-critical-metals-inc
X: https://x.com/@alliedcritical/
Instagram: https://www.instagram.com/alliedcriticalmetals/

ON BEHALF OF THE BOARD OF DIRECTORS

Per: ‘Roy Bonnell’

Roy Bonnell
Chief Executive Officer and Director

Contact Information

For further information or investor relations inquiries, please contact:
Dave Burwell, Vice President, Corporate Development
Tel: 403 410 7907 | Toll Free: 1-888-221-0915
Email: daveb@alliedcritical.com

The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains ‘forward-looking statements’, including with respect to the use of proceeds. Wherever possible, words such as ‘may’, ‘would’, ‘could’, ‘should’, ‘will’, ‘anticipate’, ‘believe’, ‘plan’, ‘expect’, ‘intend’, ‘estimate’, ‘potential for’ and similar expressions have been used to identify these forward-looking statements. These forward-looking statements reflect the current expectations of the Company’s management for future growth, results of operations, performance and business prospects and opportunities and involve significant known and unknown risks, uncertainties and assumptions, including, without limitation, those listed in the Company’s Listing Statement and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed under the Company’s profile at www.sedarplus.ca). Examples of forward-looking statements in this news release include, but are not limited to, statements regarding the proposed timeline and use of proceeds for exploration and development of the Company’s mineral projects as described in the Company’s Listing Statement, news releases, and corporate presentations. Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s Listing Statement dated April 23, 2025 and news release dated May 16, 2025, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise, except as required by law.

Not for distribution to U.S. news wire services or dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262558

News Provided by Newsfile via QuoteMedia

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Gold Majors Ride Price Surge to Strong Q2 Earnings

The world’s top gold producers delivered a string of robust second-quarter results, buoyed by record prices and resilient operations as investors continue to seek refuge in the yellow metal amid growing economic uncertainty.

With spot gold trading above US$3,400 per troy ounce, just shy of its April all-time high of US$3,448.50, the world’s largest gold producers posted higher earnings and stronger cash flow in their recent Q2 results.

Below is a breakdown of how a few major players fared in Q2.

Barrick nearly doubles profit margins

Barrick Mining (TSX:ABX,NYSE:B) formerly Barrick Gold, reported a 97 percent year-on-year jump in net income to US$1.25 billion for the quarter, compared to US$634 million a year earlier.

Earnings per share rose to US$0.47 while operating cash flow in the first half reached US$2.5 billion, up 32 percent from 2024. Free cash flow more than doubled to US$770 million, supported by higher commodity prices.

Gold production climbed 5 percent from the first quarter, while copper output surged 34 percent, led by strong performance at Zambia’s Lumwana mine. Nevada Gold Mines boosted output by 11 percent, while Pueblo Viejo in the Dominican Republic posted a 28 percent increase as expansion work in the site advanced.

“From the ramp-up at Goldrush to the progress at Pueblo Viejo, Lumwana and Reko Diq, not to mention the transformational potential of Fourmile, we’re demonstrating the strength and depth of our portfolio,” president and chief executive Mark Bristow said in the recent Q2 report.

The company also recently agreed to sell its Alturas Project in Chile to a Boroo subsidiary for US$50 million upfront plus a royalty, with proceeds earmarked for funding future ventures

Kinross outpaces gold price gains

Kinross Gold Corporation (TSX:K,NYSE:KGC) posted record attributable free cash flow of US$646.6 million in the second quarter, alongside operating cash flow of US$992.4 million. Adjusted net earnings jumped to US$541 million from US$174.7 million a year earlier.

Further, the company achieved a 21 percent margin increase from the first quarter, outpacing the 15 percent rise in gold prices over the same period.

“Our portfolio of mines continued to perform well during the quarter contributing to a strong first half of the year and positioning us well to achieve our full-year guidance,” CEO J. Paul Rollinson said.

Kinross said that it expects to produce 2 million gold-equivalent ounces in 2025 at an average production cost of US$1,120 per ounce.

Paracatu in Brazil was the company’s top-producing asset, while Tasiast in Mauritania began mining the Fennec satellite deposit. US-based Bald Mountain also reported higher output at lower costs.

The company also advanced key projects, including its Great Bear exploration program in Ontario, engineering work at Round Mountain Phase X in Nevada, and drilling at the Curlew Basin project in Washington.

Agnico Eagle delivers, shares gain

Agnico Eagle’s (TSX:AEM,NYSE:AEM) operational consistency and cost control helped drive a six-day share price rally, culminating in a 10.06 percent gain over the past week.

In the second quarter, the company produced 866,029 ounces of gold, maintaining full-year guidance of 3.3 to 3.5 million ounces. Adjusted earnings per share came in at US$1.94, prompting analysts to raise 2025 profit forecasts by US$0.70 to US$6.94.

Analysts cited the company’s steady performance despite rising unit costs, noting its appeal as a defensive play in the sector. Bank of America raised its price target to US$173 due to rising optimism about the firm’s growth prospects.

Newmont rides sector momentum

Newmont (TSX:NGT,NYSE:NEM) posted higher sales and net income for the quarter while authorizing a new share repurchase program and declaring a quarterly dividend.

The miner also renewed a key lease in Ghana. Shares rose 36 percent over the last quarter, outpacing the US Metals and Mining industry’s 24.1 percent return.

The performance came despite a drop in the company’s gold production. Rather, Newmont underscored the role of shareholder returns and strategic asset moves in supporting investor sentiment. Over the past three years, Newmont has delivered a total shareholder return of 63.75 percent.

Gold outlook: Gold shines during volatility

The sector’s strong quarter unfolded against a favorable macro backdrop.

Gold, which has gained about 30 percent year-to-date, has been buoyed by safe-haven flows. The metal’s latest rally began after spot prices dipped to US$3,311.80 in early August, then climbed back above US$3,418 by the first week of August..

The Federal Reserve cut rates by a full percentage point in late 2024 but has held steady this year, citing the need for more data on how tariffs affect inflation. Lower rates generally enhance gold’s appeal by reducing the opportunity cost of holding non-yielding assets..

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

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Ulta and Target will end deal for in-store beauty shops next year

Ulta Beauty and Target said Thursday that they have decided to end a deal that opened makeup and beauty shops in hundreds of Target’s stores.

Shares of Target fell about 2% in early trading, while Ulta’s stock slid about 1%.

In a news release, the companies said the partnership — which also added some of Ulta’s merchandise to Target’s website — will end in August 2026. Target had added more than 600 Ulta Beauty shops to its stores since 2021, according to a company spokesperson. That’s nearly a third of Target’s 1,981 U.S. stores.

Ulta Beauty at Target shops carried a smaller and rotating assortment of the merchandise at the beauty retailer’s own stores. They were staffed by Target’s employees.

The loss of the popular beauty retailer’s products could be another blow to Target as it tries to woo back both shoppers and investors. Target’s annual sales have been roughly flat for four years and it expects sales to decline this fiscal year. Shares of the company are worth less than half of what the were back in 2021, when they hit an all-time closing high of $266.39. It also has faced backlash over both its Pride collection and its rollback of key diversity, equity and inclusion initiatives.

Store traffic for Target has declined year over year nearly every week from the week of Jan. 27, days after the company’s DEI announcement, through the week of Aug. 4, according to Placer.ai, an analytics firm that uses anonymized data from mobile devices to estimate overall visits to locations. Target traffic had been up weekly year over year in the four weeks before Jan. 27.

The only exceptions to that trend were the two weeks on either side of Easter, when traffic rose less than 1% year over year, the firm’s data showed.

On earnings calls and in investor presentations, leaders of the Minneapolis-based company had touted Ulta’s shops and its trendy beauty brands as a way to drive store traffic.

At a investor presentation in New York City in March, CEO Brian Cornell highlighted beauty as a growth category for Target and cited it as reason for confidence in Target’s long-term business. He said the company had gained market share in beauty and its sales in the category rose by nearly 7% in the fiscal year that ended in early February.

Target’s CEO Brian Cornell, 66, is expected to depart the company soon. The longtime Target leader renewed his contract for approximately three years in September 2022 after the board scrapped its retirement age of 65.

David Bellinger, an analyst for Mizuho Securities who covers retailers, said in an equity research note on Thursday that Target’s “messy in-store operations” as well as issues with retail theft and insufficient staffing at stores likely contributed to the companies ending their partnership.

“Overall, we see losing the Ulta shop-in-shop relationship as a negative development and something else Target’s next CEO will have to grapple with,” he wrote.

In a statement on Thursday, Target Chief Commercial Officer Rick Gomez said the discounter is “proud of our shared success with Ulta Beauty and the experience we’ve delivered together.”

“We look forward to what’s ahead and remain committed to offering the beauty experience consumers have come to expect from Target — one centered on an exciting mix of beauty brands with continuous newness, all at an unbeatable value,” he said.

In a statement, Ulta’s Chief Retail Officer Amiee Bayer-Thomas described the Target deal as “one of many unique ways we have brought the power of beauty to guests nationwide.”

“As we continue to execute our Ulta Beauty Unleashed plans, we’re confident our wide-ranging assortment, expert services and inspiring in-store experiences will reinforce our leadership in beauty and define the next chapter of our brand,” she said.

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The CEO in chief: How Trump is getting what he wants from big business

For years, conservative groups and corporate leaders argued that the U.S. government would be better if it were run like a business.

For President Donald Trump, who has controlled his own businesses for decades, that looks like taking an increasingly active role in individual corporations’ affairs, from manufacturing to media to tech firms.

And corporations are meeting the demands of a president who is more freely exerting his powers than he did the last time he was in office. At Trump’s urging, Coca-Cola said it would produce a version of its namesake soda with U.S.-grown cane sugar. Paramount paid millions to settle allegations Trump levied against CBS’ venerated “60 Minutes.” Two major semiconductor makers agreed to give the government a cut of their sales in China. The CEO of Intel met with Trump soon after the president called on him to resign.

“It’s so much different than the first term,” said a Republican lobbyist whose firm represents several Fortune 500 companies, who spoke on condition of anonymity to speak candidly. “He’s just acting like a businessman. In his first term, I think he was trying to cosplay as a politician. He’s more comfortable in his own skin, too. He can explain deals better.”

Trump’s role represents a break with past administrations that may have been unwilling or unable, politically, to bring similar pressure to bear on businesses. In the past, small-government conservatives once accused previous Democratic administrations of attempting to “pick winners and losers” by trying to regulate industries. Trump today stands downstream of a bolder right-wing movement that calls for enhanced state intervention in corporate affairs.

Trump has said the corporate concessions are intended to boost the U.S. economy.

And the White House, in a statement, reinforced the idea that Trump’s involved approach to private-sector dealings is a key part of his economic agenda.

“Cooled inflation, trillions in new investments, historic trade deals, and hundreds of billions in tariff revenue prove how President Trump’s hands-on leadership is paving the way towards a new Golden Age for America,” White House spokesperson Kush Desai said.

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House Democrat presses DOJ on Ghislaine Maxwell prison transfer, meeting with top official

The ranking member of the House Judiciary Committee penned a letter to the Department of Justice demanding information about Ghislaine Maxwell’s recent prison transfer and meeting with a top Trump administration official. 

Rep. Jamie Raskin, D-Md., said the recent transfer of Maxwell – a convicted sex trafficker and Jeffrey Epstein’s former girlfriend and alleged accomplice – out of a maximum security prison in Tallahassee, Florida, gives ‘the strong appearance’ that the Trump administration ‘is attempting to cover up the full extent of the relationship between President Trump and Mr. Epstein.’ 

In the letter to Attorney General Pam Bondi and Bureau of Prisons Director William K. Marshall III, Raskin said Maxwell’s new home at a minimum-security federal prison camp in Bryan, Texas, provides ‘greater freedom for inmates.’ He argued that such an ‘extraordinary transfer’ would typically be ‘categorically off limits to sex offenders.’ 

‘These actions raise substantial concerns that the administration may now be attempting to tamper with a crucial witness, conceal President Trump’s relationship with convicted sex offenders, and coax Ms. Maxwell into providing false or misleading testimony in order to protect the President,’ Raskin wrote, according to a copy of the letter obtained by Fox News Digital. ‘The transfer also appears to violate both DOJ and Bureau of Prisons (BOP) policies.’ 

The letter asked for a cache of documents related to why Maxwell was transferred from Federal Correctional Institution (FCI) Tallahassee to Federal Prison Campe (FPC) Bryan. 

Raskin is also seeking a transcript and recording of Maxwell’s recent, hours-long meeting with Deputy Attorney General Todd Blanche at the Tallahassee prison. 

‘These meetings were highly unusual for several reasons. Mr. Blanche, who until ten months ago served as Donald Trump’s personal criminal defense lawyer, met with Ms. Maxwell and her attorney with no line prosecutors present. The meeting took place just days after DOJ leadership fired one of the chief career prosecutors on the Epstein matter,’ Raskin wrote, referencing the Justice Department’s firing of Maurene Comey from the Southern District of New York. 

Comey – the daughter of former FBI Director James Comey – most recently worked on the prosecution of Sean ‘Diddy’ Combs. Her other high-profile cases include the Epstein and Maxwell prosecutions. 

The DOJ confirmed criminal investigations into her father – as well as former CIA Director John Brennan last month. 

Reached by Fox News Digital on Wednesday, a Justice Department spokesperson confirmed the receipt of Raskin’s letter but declined to comment further.

In his letter to Bondi and Marshall, Raskin further argued that convicted sex offenders would typically be barred from federal prison camps, which provide ‘access to the community,’ and any transfer would require ‘multiple levels of review that would ordinarily take months to complete.’ He said any approval of a transfer ‘typically requires new facts or evidence’ and even so, ‘an inmate would then have to join a months-long waitlist for an opening at a camp.’

‘Ms. Maxwell, however, appears to have short-circuited the entire review process and jumped the queue, receiving a place in Federal Prison Camp (FPC) Bryan within a matter of days,’ Raskin wrote. ‘Neither DOJ nor BOP has provided anything like a satisfactory explanation for providing Ms. Maxwell this uniquely favorable treatment.’ 

The letter – also signed by all Democrats on the House Judiciary Committee – seeks a list of any administration officials who ‘were aware of, were involved in, or approved’ of the transfer. Raskin also demanded information regarding ‘any possible benefits to Ms. Maxwell, including transfers, changes to conditions of confinement, pardons, commutation, or changes to DOJ positions in ongoing matters.’

Raskin acknowledged that Maxwell was recently subpoenaed by the House Oversight Committee to testify. To Bondi and Marshall, the congressman said ‘there can be no question that your actions have served to send a clear message to Ms. Maxwell in the lead up to any testimony before Congress and the American public: this Administration can punish or reward her as it sees fit for its own purposes.’

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