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Russian President Vladimir Putin is tightening his grip on power by elevating younger loyalists amid growing instability inside the Kremlin as he ages, according to reports.

On Sunday, The Telegraph reported that Putin, 73, who has ruled Russia for more than two decades, is ‘running out of cards to play’ as pressure mounts both domestically and abroad. 

The Federal Security Service (FSB) also opened a criminal case against exiled businessman Mikhail Khodorkovsky and 22 members of the Anti-War Committee of Russia, accusing them of plotting a seizure of power, per reports. Khodorkovsky spent a decade in a Siberian prison before founding the Anti-War Committee in 2022.

John Herbst, Senior Director of the Eurasia Center at the Atlantic Council and former U.S. ambassador to Ukraine, told the U.K. outlet that ‘the Kremlin is falling into paranoia.’

‘All the people around him have started thinking about a world beyond Putin, so he has arranged his own elite in a really careful way, so there are no clear seams along which it would kind of rip apart,’ Henry Hale, Professor of Political Science and International Affairs at George Washington University, told Fox News Digital. 

‘He also has members of his own family now that are starting to rise in the ranks. One of the ones that has gotten the most attention is Anna Evgenievna Tsivilyova, née Putina,’ Hale said. 

Tsivilyova, 52, is Putin’s first cousin once removed and currently heads the Defenders of the Fatherland Foundation, a state-run organization that supports Russian soldiers and veterans. 

She has also served as chair of the board of the Kolmar Group, one of Russia’s largest coal companies.

‘The younger people are being brought up by the older generation integrated seamlessly into the power pyramid,’ Hale said.

‘Putin is worried about what happens as he ages and if you don’t provide some opportunity for younger people to rise up, you know, then the regime might come under some pressure.’

‘These people can be trusted because they’re related to people close to Putin, and they can also be young and energetic. The younger people are being brought up by the older generation, integrated seamlessly into the power pyramid,’ Hale added.

In 2023, Wagner Group leader Yevgeny Prigozhin staged a brief mutiny, sending his fighters toward Moscow before abruptly standing down only to die weeks later in a plane crash. 

Now, the Kremlin’s focus has shifted to silencing opposition abroad. 

‘Tensions remain within the elite and Putin wants to get rid of any possible risks,’ Hale said. ‘The 2023 incident was a warning from Putin to his own elite, his own inner circle, not to dare try anything. Putin and his people are watching each other carefully and so don’t try anything funny,’ Hale added.

Recently, western sanctions, less oil revenue, and war costs could push Russia toward recession.  

The Treasury Department under President Donald Trump sanctioned Russia’s two largest oil producers, Rosneft and Lukoil, escalating pressure on the Kremlin to end its war in Ukraine. 

According to reports, the Russian government could raise taxes and increase domestic borrowing to close the gap.

‘Putin has weathered the main crisis that the full-scale invasion of Ukraine brought Russia, which was the initial shock of the invasion and its failure to take Ukraine in a matter of days,’ Hale added. 

‘But war brings uncertainty and there’s a risk of disastrous defeat, underperforming expectations. All the people around him start thinking about a world beyond Putin.’

‘That said, well, I think Putin’s regime is fairly stable at the moment,’ Hale concluded.

Fox News Digital has reached out to the Kremlin for comment.

This post appeared first on FOX NEWS

House Oversight Committee Chair James Comer, R-Ky., is demanding the Department of Justice (DOJ) conduct a ‘comprehensive’ investigation into former President Joe Biden’s autopen use.

The committee’s GOP majority released a 100-page report on Tuesday morning detailing findings from its months-long probe into Biden’s White House, specifically whether his inner circle covered up signs of mental decline in the ex-president, and if that alleged cover-up extended to executive actions signed via autopen without Biden’s full awareness.

‘Faced with the cognitive decline of President Joe Biden, White House aides — at the direction of the inner circle — hid the truth about the former president’s condition and fitness for office,’ the report said.

The report also detailed a ‘haphazard documentation process’ for pardons made by Biden, which the committee argued left room for doubt over whether the former president made those decisions himself.

‘In the absence of sufficient contemporaneous documentation indicating that cognitively deteriorating President Biden himself made a given executive decision, such decisions do not carry the force of law and should be considered void,’ the GOP report said.

‘The Department of Justice should immediately conduct a review of all executive actions taken by President Biden between January 20, 2021, and January 19, 2025. Given the patterns and findings detailed herein, this review should focus particularly on all acts of clemency. However, it should also include all other types of executive actions.’

In addition to concerns about who signed off on Biden’s executive actions, Comer spent part of the report raising concerns about Hunter Biden’s role in the pardon process.

Fox News Digital previously reported that ex-Biden Chief of Staff Jeff Zients told investigators that Hunter Biden was in the room for some pardon discussions — specifically the controversial preemptive pardons the ex-president gave to his relatives.

‘It was towards the end,’ said a portion of Zients’ transcript included in the report. ‘What comes to mind is the family discussions. But I don’t know — that doesn’t mean that was it. It was the pardons towards the end, very end of the administration. And I think it was a few meetings, not many meetings.’

Comer’s report said, ‘Zients testified that President Biden included his son, Hunter Biden, in the decision-making process for and meetings about pardons.’

‘This apparently included the meeting to discuss the pardons of five Biden family members, Dr. Anthony Fauci, General Mark Milley, and the members of Congress who served on the Select Subcommittee to Investigate the January 6th attack on the United States Capitol, and their staff,’ the report said.

The Oversight Committee called a total of 14 witnesses across three months, mainly consisting of top Biden administration aides — including some who had known him for decades.

Despite nearly 47 hours of interviews and sworn depositions, however, Comer suggested he believed aides covered for Biden even in the committee room.

‘Throughout the Committee’s investigation, senior Biden White House aides presented a perspective of President Biden’s cognitive health completely disconnected from that of the American public,’ the report said.

‘Not one of the Committee’s 14 witnesses was willing to admit that they ever had a concern about President Biden being in cognitive decline. In fact, numerous witnesses could not recall having a single conversation about President Biden’s cognitive health with anyone inside or outside of the White House.’

Comer spent a significant amount of time in the report criticizing former White House physician Dr. Kevin O’Connor. O’Connor’s sworn deposition was among the shortest sit-downs of the investigation, with the doctor having invoked the Fifth Amendment for all questions save for his name.

In a letter obtained by Fox News Digital alongside the report, Comer called for the D.C. Health Board of Medicine to investigate O’Connor — and potentially bar him from practicing medicine.

The GOP report called O’Connor’s alleged decision to not conduct a cognitive exam with Biden during his four-year term ‘reckless’ and accused him of making ‘grossly misleading medical assessments.’

‘His refusal to answer questions about the execution of his duties as physician to the president — combined with testimony indicating that Dr. O’Connor may have succumbed to political pressure from the inner circle, influencing his medical decisions and aiding in the cover-up — legitimizes the public’s concerns that Dr. O’Connor was not forthright in carrying out his ultimate duties to the country,’ the report said.

‘The Committee recommends that the District of Columbia Board of Medicine review the actions taken by Dr. O’Connor while serving as the White House physician to President Biden for any potential wrongdoing in the medical care of the former president –– including whether Dr. O’Connor produced false or misleading medical reports to the American people.’

O’Connor’s lawyers previously told Fox News Digital that he invoked the Fifth Amendment over concerns that the scope of the committee’s probe could run afoul of doctor-patient confidentiality standards.

Biden’s allies have repeatedly denounced Comer’s probe as political and having no basis in reality. 

Multiple people who spoke with the committee have argued that concerns about Biden’s mental acuity were made worse by the media and Republican pundits, particularly after his disastrous June 2024 debate against current President Donald Trump.

In an interview with The New York Times in July, Biden affirmed he ‘made every decision’ on his own.

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President Donald Trump told U.S. troops aboard the USS George Washington at Japan’s Yokosuka Naval Base on Tuesday that the ‘first batch of missiles for Japan’s F-35 fighter jets ‘will arrive this week,’ suggesting that U.S. defense deliveries to Tokyo are moving ahead of schedule.

The comments came during Trump’s hour-long remarks to sailors as part of his wider Asia trip, which included a stop in Malaysia before Japan, where he met with the country’s first female prime minister, Sanae Takaichi, and signed a new U.S.-Japan framework agreement on rare earth minerals. Later this week, Trump is expected to meet with Chinese President Xi Jinping.

Washington has approved several large arms sales to Japan, including advanced AIM-120 AMRAAM and AIM-9X air-to-air missiles designed for F-35s.

Trump praised the U.S.’ alliance with Japan, calling it ‘one of the most remarkable relationships in the entire world.’

Prime Minister Takaichi, sharing the stage with Trump, said Japan was ‘committed to fundamentally reinforcing its defense capability’ and ‘ready to contribute even more proactively to peace and stability in the region.’

Trump also touted Japan’s and the U.S.’ stock markets reaching record highs, saying it was a sign that ‘we’re doing something right.’

Trump’s appearance underscored Washington’s deepening security cooperation with Tokyo as regional tensions with China and North Korea persist. Ahead of his Asia trip this week, Trump has made repeated invitations to meet North Korean leader Kim Jong Un, though no concrete preparations are underway.

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PMET Resources (ASX:PMT, TSX:PMET,OTCQX:PMETF) has completed a lithium-only feasibility study on the CV5 deposit of its Shaakichiuwaanaan lithium project in Northern Québec.

The company said the feasibility study confirms the project is a large-scale and long-life operation, with CV5’s probable maiden mineral reserve estimated at 84.3 million metric tons at 1.26 percent lithium oxide.

That amounts to about 2.62 million metric tons of lithium carbonate equivalent.

Results also show that there is potential to upgrade and expand resources at CV5 and the nearby CV13 deposit.

CV13 currently holds a mineral resource, inclusive of reserves, of 108 million metric tons at 1.4 percent lithium oxide in the indicated category, and 33.4 million metric tons at 1.33 percent lithium oxide in the inferred category.

“Our large scale and long-life project is ideally suited to support the emerging American, European, and Asian lithium raw materials supply chains,” commented CEO and President Ken Brinsden.

“There are very few projects of this size & scale, quality, and low production cost that can assist in underwriting the expected capital investment supporting new supply chains and demand growth in western markets.”

Located in Québec’s Eeyou Istchee James Bay region, Shaakichiuwaanaan is recognized as the largest lithium pegmatite mineral resource in the Americas, as well as one of the top 10 globally.

PMET is targeting a final investment decision for Shaakichiuwaanaan for the second half of 2027, hoping that “the overall market supply-demand balance tightens over the coming years.”

It is expected to produce 800,000 metric tons per year of SC5.5 spodumene concentrate once at full capacity.

About 20 percent of the jobs created at Shaakichiuwaanaan will be allotted to workers at the Cree territory.

PMET was formerly Patriot Battery Metals. The company officially changed its name in September.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (October 27) as of 9:00 a.m. 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$115,014, a 0.9 percent increase in 24 hours. Its lowest valuation of the day was US$113,083, and its highest was US$116,032.

Bitcoin price performance, October 27, 2025.

Chart via TradingView

Bitcoin (BTC) climbed to two-week highs on Monday, breaking above US$115,600 as investors priced in expectations of an upcoming Federal Reserve interest rate cut. The cryptocurrency has now risen for five consecutive sessions, with Sunday’s 2.6 percent gain pushing BTC past the 50-day exponential moving average at US$114,176.

Technical analysts see the move as a potential prelude to a fresh rally, contingent on continued market support and Fed signals.

Trader Ted Pillows noted on X that Bitcoin has “fully reclaimed the $114,000 support zone” and emphasized that the next key hurdle is US$118,000. He added that, if momentum holds, “a new ATH could happen in 1–2 weeks.”

Market watchers are now closely monitoring the Fed meeting for confirmation of rate-cut expectations, which could provide further bullish fuel for BTC and broader crypto markets.

Ether (ETH) was priced at US$4,167.45, a 1.5 percent increase in 24 hours. Its lowest valuation of the day was US$4,053.35, and its highest was US$4,246.23.

Altcoin price update

  • Solana (SOL) was priced at US$200.39, trading flat over the last 24 hours. Its lowest valuation of the day was US$197.24, and its highest was US$205.03.
  • XRP was trading for US$2.62, a decrease of 0.7 percent over the last 24 hours. Its lowest valuation of the day was US$2.60, while its highest was US$2.67.

ETF data and derivatives trends

Bitcoin derivatives metrics indicate ongoing caution and positioning for downside risk.

Liquidations for Bitcoin contracts have totaled approximately US$6.42 million in the last four hours, the majority of which were long positions, reflecting short-term selling pressure.

Ether liquidations showed a similar pattern, with long positions dominating US$15.55 million in liquidations, though long and short liquidations were more evenly split.

Futures open interest for Bitcoin fell 0.50 percent to US$75.51 billion, and Ether futures declined 0.57 percent to US$49.89 billion, suggesting modest rotation or renewed altcoin activity.

The perpetual funding rate for Bitcoin was 0.008 and 0.009 for Ether, indicating a mild long bias among remaining positions. Bitcoin’s relative strength index stood at 54.84, reflecting neutral-to-moderately bullish momentum and room for price growth before overextended conditions.

Today’s crypto news to know

Binance eyes US return after Trump pardon for CZ

Binance is weighing a US market re-entry following President Trump’s pardon of founder Changpeng Zhao, exploring options to consolidate its American affiliate or allow direct access for US investors, Bloomberg reported.

The pardon clears Zhao’s 2023 conviction for failing to maintain anti-money laundering controls, restoring his ability to lead financial ventures.

Hours after the announcement, Zhao expressed ambitions to make the US “the Capital of Crypto” and expand Web3 globally. Binance’s BNB token jumped 8 percent in response.

Zhao currently oversees a blockchain ecosystem with around US$8.7 billion in assets, ranking third behind Ethereum and Solana.

Japan’s first regulated Yen Stablecoin launches

JPYC launched Japan’s first regulated yen-pegged stablecoin on October 27.

The stablecoin aligns with Japan’s Payment Services Act, requiring full reserve backing in yen deposits and government bonds. JPYC aims to issue 10 trillion yen (US$67 billion) over three years, challenging the US-dominated stablecoin market where USDC holds roughly US$40 billion.

The framework prioritizes consumer protection and financial stability, lessons drawn from the 2022 TerraUSD collapse.

JPYC offers zero-fee issuance, redemption, and transfers, earning income via interest on reserves in deposits and government bonds. Each transfer is capped at 1 million yen under the regulatory structure.

American Bitcoin boosts strategic reserve to 3,865 BTC

American Bitcoin (ABTC) expanded its strategic reserve to 3,865 BTC, acquiring 1,414 BTC through both open-market purchases and in-house mining, according to a company release.

The accumulation lifts the company’s Satoshis per Share (SPS) metric to 418, a 52 percent increase since September 1.

Integrated mining enables ABTC to secure BTC at lower costs than external acquisitions, giving it a structural advantage over competitors.

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

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

This post appeared first on investingnews.com

Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) reports the completion of a full suite of safety self-destruction validation tests performed on its Sodium-Nickel-Chloride (SNC) battery technology. The tests were designed to simulate the most severe field hazards that can occur during storage, transport, or operation.

Highlights

– All SNC safety destruction tests successfully completed with zero thermal runaway, fire or explosion

– Extreme fire, impact, over-charge, and submersion tests confirm full mechanical and chemical stability

– SNC cells remained sealed and intact after 850degC gasoline fire for 30 minutes

– Rod penetration and water exposure produced only harmless steam; no violent reactions observed

– Ten-metre drop and 48 km/h crash caused minor dents, no leakage or rupture

– Module endured 2.5h saltwater immersion without any external reaction or voltage loss

– Over-charge at 145% nominal voltage showed no venting, swelling, or heat generation

– Bullet impacts caused brief smoke only; structure and voltage remained stable

– Confirms SNC chemistry as one of the safest energy-storage technologies for UPS, stationery and transport applications

Across all scenarios – including direct fire exposure, rod penetration, over-charge, ballistic impact, drop test, impact test and submersion – the SNC cells and modules demonstrated exceptional chemical stability and mechanical resilience. No explosions, thermal runaways, or uncontrolled reactions were recorded in any test. The results confirm what long-term field deployments have already indicated: SNC batteries are intrinsically safe, thermally robust, and chemically contained, even when exposed to conditions far beyond those specified under international certification standards such as UL 1973, IEC 62619, and UN 38.3.

Cell Fire Exposure Test

Three fully charged SNC battery cells were subjected to a 30-minute gasoline fire reaching 850degC. Despite the extreme conditions, there was no explosion, no rupture of the cell casing, and no leakage or release of internal materials. The cells remained structurally intact throughout the test.

Module Fire Exposure Test

A hot, fully charged SNC battery module was subjected to a 30-minute gasoline fire reaching 850degC. The flames were extinguished within one minute. No explosion occurred, the cell casing remained intact, and only minor mechanical weakening was observed.

Module Rod Penetration Test

A fully charged SNC battery module was pierced with a 20mm steel rod and then exposed to water. After 23 minutes, an external reaction generated steam and a small amount of vapour, which gradually dissipated over four hours. No explosion or violent reaction occurred throughout the test.

Ten Metre Drop Test

A fully charged, operational SNC battery module was dropped from a height of 10m onto a steel pole, simulating an impact at approximately 30MPH. The test caused minor denting, but the battery casing remained intact with no rupture, leakage, or loss of structural integrity.

Module Impact Tests

A set of fully charged SNC battery packs was crash-tested by impacting a simulated utility pole at 48km/h using a vehicle. No explosion, fire, or thermal reaction occurred during or after the collision, confirming the chemistry’s strong structural integrity and inherent safety under severe impact conditions.

Module Saltwater Exposure

A fully operational Altech SNC battery module was tested under 3.5% saltwater exposure, including a full 2.5-hour submersion period.

Throughout the test, no fire, explosion, or external reaction occurred, demonstrating the system’s inherent chemical stability and sealed-cell safety even in highly conductive marine environments.

Module Overcharge Test

A fully charged SNC battery was subjected to 145% of its nominal voltage for one hour (45% higher than the UL1973) over charge limit. The test resulted in no swelling, venting, or thermal reaction, confirming the battery’s exceptional tolerance to overvoltage conditions and intrinsic electrochemical stability.

Module Bullet Impact

A fully operational SNC battery was struck by both shotgun and rifle rounds during ballistic testing. The impacts produced only brief, minor smoke with no ignition, fire, or explosion. The cell structure remained stable, confirming the chemistry’s exceptional tolerance to extreme mechanical abuse.

INTERPRETATION OF RESULTS

These cumulative tests reinforce the SNC system’s fundamental safety principles:

– Solid-state architecture – No liquid electrolyte or polymer separator that can burn, leak, or decompose.

– Low internal pressure – No gas generation under over-charge or thermal stress.

– Ceramic isolation – The B-alumina solid electrolyte maintains ionic conduction but blocks electrons, preventing short-circuit propagation.

– Sealed stainless-steel casing – Provides complete containment and mechanical strength even under severe deformation.

– Self-regulating chemistry – Sodium and nickel-chloride redox couples exhibit natural equilibrium limits, preventing energy overshoot or dendrite formation.

Unlike lithium-ion or lead-acid systems, which rely on organic electrolytes and pressure-relief vents, SNC modules remain hermetically sealed for their entire service life, eliminating risks of gas venting, electrolyte ejection, or thermal propagation.

Altech Managing Director Iggy Tan commented:

‘These independent abuse tests confirm what long-term field data has been telling us for years – our sodium-nickel-chloride technology batteries produced by partner company AMPower, are exceptionally safe. Even under direct fire, impact, or over-voltage, the cells remain sealed and stable. This level of intrinsic safety is a major differentiator for Altech. As global energy-storage installations increase near population centres and critical infrastructure, regulators and customers are demanding non-flammable chemistries. SNC meets that demand today.’

‘We are proud to demonstrate that our SNC batteries can endure conditions well beyond certification limits while maintaining integrity and performance. This gives confidence to partners, insurers, and end-users that SNC systems deliver not only long cycle life and temperature tolerance but also unmatched safety’.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/Z0IWE35J

About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

Source:
Altech Batteries Ltd

Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

News Provided by ABN Newswire via QuoteMedia

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Solvonis Therapeutics plc (LSE: SVNS), an emerging biopharmaceutical company developing novel medicines for high-burden central nervous system (‘CNS’) disorders, is delighted to announce the appointment of Paul Carter as Non-Executive Director, effective 27 October 2025.

Paul Carter is a highly accomplished global biopharmaceutical leader with nearly three decades of senior executive experience spanning commercial, operational, and strategic leadership roles. He has built and scaled businesses across Europe, North America, and Asia, combining deep operational expertise with a proven record of driving transformational growth and delivering long-term shareholder value.

Paul currently serves as Non-Executive Chair of Clinigen Group plc, a leading global pharmaceutical services and supply company supporting access to medicines in over 120 countries. He is also Chair of Memo Therapeutics AG, a Swiss-based private clinical-stage biotech developing novel antibody therapeutics, and Chair of Kyowa Kirin International plc, the European subsidiary of Kyowa Kirin Co., Ltd. (TSE: 4151), a Japan-based global specialty pharmaceutical company. In addition, Paul serves as Non-Executive Director at Immatics N.V. (NASDAQ: IMTX), a clinical-stage biopharmaceutical company, pioneering TCR-based immunotherapies for cancer.

He previously held senior global roles including Executive Vice President and Chief Commercial Officer at Gilead Sciences, Inc. (NASDAQ: GILD), where he oversaw international operations across 38 markets and delivered annual revenues exceeding US$30 billion.

His appointment strengthens the Solvonis Board as the Company continues to advance its differentiated CNS pipeline and execute its capital-efficient, licensing-first growth strategy across addiction, psychiatry, and neurology.

Anthony Tennyson, Chief Executive Officer of Solvonis, commented: ‘We are delighted to welcome Paul to the Solvonis Board. He brings an exceptional depth of global leadership experience and strategic insight from some of the world’s most successful pharmaceutical organisations. His expertise in scaling innovative science into global commercial success will be invaluable as Solvonis advances its CNS pipeline and builds towards the next phase of sustainable growth.’

Paul Carter added: ‘Solvonis is building an exciting and differentiated CNS biopharmaceutical platform with significant potential to deliver impact for patients and value for shareholders. I look forward to working with Anthony and the Board to help shape strategy, strengthen partnerships, and support the Company’s continued evolution and growth.’

Option Grant

Mr Carter has been granted 21 million share options under the Company’s existing long term incentive plan (‘LTIP’), exercisable over ordinary shares of £0.001 each in Solvonis Therapeutics Plc at an exercise price of £0.0034 per share. The options have a three-year life and vest in three equal tranches: one-third on grant date, one-third on the first anniversary of grant date, and one-third on the second anniversary of grant.

Enquiries:

Solvonis Therapeutics plc
Anthony Tennyson, CEO & Executive Director
anthony@solvonis.com

Singer Capital Markets (Broker)
Phil Davies
+44 (0) 20 7496 3000

About Solvonis Therapeutics plc

Solvonis Therapeutics plc (LSE: SVNS) is an emerging biopharmaceutical company developing novel small-molecule therapeutics for high-burden central nervous system (CNS) disorders. Headquartered in London and listed on the main market of the London Stock Exchange, Solvonis is advancing a differentiated pipeline of repurposed and novel compounds across addiction, psychiatry, and neurology.

The Company’s lead programmes address Alcohol Use Disorder (AUD) and Post-Traumatic Stress Disorder (PTSD), with additional discovery work supporting expansion into broader CNS indications. Its lead asset, SVN-001, is currently in Phase 3 for severe AUD in the UK, while SVN-002 is preparing for a Phase 2b trial in the US targeting moderate-to-severe AUD. The preclinical PTSD programme (SVN-SDN-14) leverages novel serotonin-dopamine modulators designed to enhance pro-social behaviour and long-term outcomes.

In parallel, Solvonis is advancing proprietary CNS discovery programmes built on a dedicated compound library to identify new small-molecule modulators of key neurotransmitter systems. This platform enables efficient early-stage innovation and supports the Company’s integrated approach to developing therapies across its three strategic pillars.

With a capital-efficient model, dual development strategy, and near-term partnering opportunities, Solvonis is positioned to deliver sustained value through innovation in CNS therapeutics.

solvonis.com | LinkedIn | X (Twitter)

Director/PDMR MAR disclosures

The following notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Carter

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Solvonis Therapeutics Plc

b)

LEI

2138005PH7OJRCRPUD88

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.001 each in Solvonis Therapeutics Plc

Identification code (ISIN) for Solvonis Therapeutics Plc ordinary shares: GB00BMD1Z199

b)

Nature of the transaction

Issue of Long Term Incentive Plan (‘LTIPs’)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0034

21,000,000

d)

Aggregated information:

– Aggregated volume

– Price

N/A

e)

Date of the transaction

27 October 2025

f)

Place of the transaction

London Stock Exchange, XLON

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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Jangada Mines Plc (AIM: JAN), a Brazil focused natural resource development company, is pleased to announce that its 15-hole 1,800m diamond drilling (‘DD’) programme has commenced at the 7,211-hectare Paranaíta Gold Project (‘Paranaíta’ or the ‘Project’) located in Brazil’s historically significant Alta Floresta-Juruena Gold Province.

Highlights:

  • 3,100m of trenching completed – further highly visually mineralised veins identified
  • 15-hole, 1,800m diamond drilling programme commenced
  • Drilling to focus on high grade mineral sequences identified from trenching, topographic studies and extensive historic data
  • Drilling campaign aiming to increase resource to 350,000 oz gold under JORC
  • Significant potential for further resource growth with multiple additional targets already identified

Following the completion of 3,100m of trenching, which yielded further highly visually mineralised veins, the analysis of existing data, and two topographic studies, a 10-week drill programme at Paranaíta has been designed primarily targeting the high-grade TP2 and TP3.2 (within TP3) targets. The first 8 drill holes of c.120m each will target the identified mineral sequence from trenches TR-02 to TR-08, where the mineralised vein was well identified over more than 700m and contained visible gold.

Figure 1: Drill holes on TP2

The remaining holes will target TP3.2 where the trenches TR-19 to TR-31 were executed with excellent results yielding well identified mafic dikes and disseminated granites. TR-18 identified a 2m thick vein (See Figure 2). The location of these is now being finalised and will depend on the chemical analysis results due in Q4.

Figure 2: 2m thick vein at TR18

The drill programme is focused on expanding the current resource from 210,000 oz Au @3.165 g/t to ~350,000 oz Au under the JORC code. The TP2 and TP3.2 zones have a resource of c.106,600 oz @ 16.65 g/t Au and c.34,600 oz @ 1.35 g/t Au respectively and are two of the six identified high priority targets along the 8km mineralised corridor. This corridor has 15+ high-grade gold occurrences and historical sampling up to 135 g/t Au.

Jangada CEO, Paulo Misk, said: ‘With trenching now complete and having confirmed further visually mineralised vein systems, we are pleased to announce the launch of our inaugural drill programme at the high-grade Paranaíta Gold Project. This 15-hole, 1,800-metre campaign will focus on two of the six identified high-grade, near-surface zones. Our immediate goal is to expand the current resource to approximately 350,000 ounces of gold. However, with multiple additional targets across the broader project area, we believe there is significant potential for further resource growth through continued exploration.

‘In the current gold price environment, high-grade, shallow deposits are especially attractive, as they typically fall at the lower end of the capital cost curve and offer robust margins with strong value potential. We believe Paranaíta exemplifies these characteristics. Accordingly, we look forward to fast-tracking its development and that continued success will underpin a meaningful revaluation of Jangada.’

Trench Locations TP2:

Qualified Person’s Statement

The technical information in this announcement has been reviewed by Mr. Peter Heinrich Müller who is a member of the South African Council of Natural Scientific Professions (#114766). Mr. Müller is a senior professional geologist with +17 years of experience in the mining industry, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr. Müller also meets the requirements of a competent person under the AIM Note for Mining, Oil and Gas Companies. Mr. Müller has no economic, financial or pecuniary interest in the Company, and he consents to the inclusion in this document of the matters based on his technical information in the form and context in which it appears.

ENDS

For further information please visit www.jangadamines.com or contact:

Jangada Mines plc

Brian McMaster (Chairman)

Tel: +44 (0)20 7317 6629

Strand Hanson Limited

(Nominated & Financial Adviser)

Ritchie Balmer

James Spinney

David Asquith

Tel: +44 (0)20 7409 3494

Tavira Financial Ltd

(Broker)

Jonathan Evans

Tel: +44 (0)20 7100 5100

Investor Relations

Hugo de Salis

hugo@lepanto.co.uk

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

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Metals Focus published its annual Precious Metals Investment Focus report on Saturday (October 25).

The report from the leading gold analysis firm outlines the investment options available for those interested in leveraging rising demand for precious metals such as gold and silver. It also highlights key supply and demand trends shaping the precious metals market and driving prices now and over the next 12 months.

Gold surged over 65 percent from the start of 2025 to its record high of US$4,379.13 per ounce on October 17. Not to be outdone, silver skyrocketed more than 88 percent its highest-ever price of US$54.47 per ounce on the same day.

Although prices for both precious metals have since pulled back on profit taking, Metals Focus believes the conditions that created these record-high prices are still very much in play.

US trade policy driving gold price in 2025

Metals Focus analysts attribute gold’s stellar performance in 2025 to a number of factors largely centered on growing global economic uncertainty and ongoing geopolitical conflicts. Gold’s safe-haven status is highly favored in these conditions, attracting both retail and institutional investors as well as central banks.

However, the firm sees US President Donald Trump’s trade policies as the most influential: “In our view, the single most important factor has been uncertainty around US trade policy.”

Trump’s constant trade war waffling has businesses and governments scrambling to keep up and unable to plan for the future. As tariffs increase the price of goods while disrupting supply chains, inflation is becoming stickier.

This is baking in more macroeconomic risks into the global economy, and in turn raising the risk for stagflation — an environment that experts agree is ideal for higher gold prices.

The US Federal Reserve’s reversal of its monetary policy in mid-September 2025 with its first interest rate cut and the anticipation of further rate cuts to come are further boosting the gold price. The sustainability of growing US debt and the waning strength of the US dollar on the global stage are also price supporting factors for the yellow metal.

Central bank gold buying, which has reached record levels in recent years, also continued to be net positive in 2025, further driving demand. “Put together, these drivers explain why gold has not only reached fresh highs in 2025, but also why pullbacks have been shallow and short-lived, as investors have been rushing to buy dips,” states Metals Focus.

Silver price shoots up on liquidity squeeze

The same forces sending gold prices to new heights are also bringing silver along for the ride.

Silver often lags behind its sister metal, and this latest price cycle was no exception.

However, investor belief that silver remains undervalued given strong industrial demand and unprecedented tight supply finally pushed the metal to break on through to the other side of a 45 year record high.

Metals Focus also points to the liquidity squeeze in the silver futures market, specifically concerning the COMEX in London. As the immediate supply of silver has not been enough to meet rising demand, the spot price for silver has risen higher than the price of futures contracts, a phenomenon known as backwardation.

This creates a squeeze on short sellers who must now buy back silver contracts at higher prices.

The situation amplified silver’s rally in early to mid-October. However, later in the month shipments of silver from New York and China helped to alleviate this pressure.

Gold price outlook for 2026

Looking forward, the trends underlying much of gold’s record-breaking price momentum are expected to remain strong well into next year. Metals Focus sees the price of gold posting another annual average high of US$4,560 as it heads toward US$5,000 in 2026, potentially reaching a record US$4,850 in the fourth quarter.

These gains in gold are projected to materialize despite supply side growth. Metals Focus is forecasting a surplus of 41.9 million ounces in 2026, up 28 percent year-on-year. The firm sees gold mine production reaching another record high in 2026 at the same time that gold recycling could climb by 6 percent to a 14-year high in jewellery demand is likely to be affected by high prices, low consumer confidence, and economic uncertainty.

What will move gold prices higher in 2026?

Gold investors should take cues from interest rate moves, inflation levels, strength or weakness in the US dollar and sentiment surrounding the independence of the Federal Reserve.

Of course, US trade policy will continue to be a main theme for precious metals over the next 12 months.

“As we have witnessed since the beginning of the Trump 2.0 administration, the abrupt and often unpredictable nature of US policy moves and the resulting uncertainty for the global trade system, and in turn the global economy, is expected to be a key driver of sentiment towards gold,” states the firm in the report.

Further driving demand, central banks around the world are expected to remain net buyers of safe-haven gold as the global push toward de-dollarization continues.

Gold and silver price outlook.

Chart via Metals Focus, Bloomberg.

Silver price outlook for 2026

As for silver, the white metal will continue to be seen as a more affordable alternative to gold. Metals Focus is looking for silver to average US$57 next year, and even take a run at the US$60 level in mid- to late 2026.

Silver has not only benefited from safe-haven investor demand and strong industrial demand, but also tight supply. However, the firm notes that the ongoing supply deficit for silver is expected to fall from 143.6 million ounces in 2024 to 63.4 million ounces in 2025. That figure is expected to shrink further to 30.5 million ounces in 2026.

Nevertheless, the silver market remains in a supply deficit at a time when demand is strong.

“We therefore remain bullish towards silver for the rest of this year and 2026,” note the report’s authors, who expect silver to continue outperforming gold at least in the first half of the new year.

In response, the gold-silver ratio has the potential to continue falling in 2026. However, Metals Focus believes the market will see this trend reverse in the back half of the year as silver loses some steam.

Gold-silver ratio.

Chart via Metals Focus, Bloomberg.

Investor takeaway

Overall, Metal Focus is confident the precious metals bull market will continue for the rest of 2025 and into 2026.

Gold especially is benefiting from its safe-haven status at a time of heightened macroeconomic and geopolitical uncertainty. Silver is tracking its ascent and also seeing tight aboveground supply and sustained industrial demand.

For those who think they’ve missed out on the gains to be made in this latest precious metals bull cycle, there’s still plenty of upside to be had in the gold and silver markets in Q4 and heading into 2026.

Securities Disclosure: I, Melissa Pistilli, currently hold no direct investment interest in any company mentioned in this article.

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