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President Donald Trump’s administration on Friday asked the Supreme Court to permit enforcement of a passport policy requiring transgender and nonbinary applicants to list their sex as male or female according to their birth certificate.

Due to a lower court order, transgender and nonbinary people can receive passports with an ‘X’ identification marker instead of male or female. The Justice Department has appealed that order, the Associated Press reported.

In its filing on Friday, Justice Department lawyers argued, ‘Private citizens cannot force the government to use inaccurate sex designations on identification documents that fail to reflect the person’s biological sex — especially not on identification documents that are government property and an exercise of the President’s constitutional and statutory power to communicate with foreign governments.’

On Jan. 20, President Trump signed an executive order directing the federal government to recognize only male or female designations based on ‘an individual’s immutable biological classification.’ 

The order instructed the State Department to issue official documents, including passports, in line with that standard.

A federal judge in Massachusetts later ruled the State Department must provide transgender and nonbinary applicants with passports reflecting the gender designation they select. 

The 1st Circuit Court of Appeals declined to block that order while the case moves forward, prompting the administration to appeal to the Supreme Court.

For more than three decades before the Trump administration, the State Department permitted people to update the sex designation on their passports.

In 2022, the Biden administration introduced the option for applicants to choose ‘X’ as a gender-neutral designation and to select ‘M’ or ‘F’ to indicate male or female, according to Reuters.

Fox News’ Bill Mears and Shannon Bream contributed to this report.

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As conservatives reflect on the legacy of Turning Point USA founder Charlie Kirk ahead of his celebration of life in Arizona on Sunday, some Republicans credit him with helping President Donald Trump win over young voters in 2024. 

Former TPUSA staffer Anthony DeWitt explained that the grassroots element of Kirk’s work likely played a ‘monumental’ role in ‘energizing the youth to get out and vote in 2024.’

‘Charlie created something that finally lifted the voices and work of not only grassroots, but young people, people like myself who were just entering politics and gave us something that traditionally was only achieved by those who have had a lifetime in politics,’ DeWitt stated.

‘Getting young people knocking doors, chasing ballots, getting signatures, signing up new voters, attending conferences — that was the key to winning the 2024 election.’

A Fox News voter analysis had Trump wooing 47% of voters aged 18-29, with former Vice President Kamala Harris narrowly winning the demographic with 51%.

In the battleground state of Michigan, the analysis found that Trump won the age group with 50%, compared to 48% for Harris. He also came close with 48% in Arizona, where TPUSA is headquartered, with 51% of those surveyed backing Harris.

Trump ultimately ended up sweeping the battleground states, including Michigan and Arizona, winning 312 electoral votes and the popular vote.

However, it is an 11% increase from the 36% of voters in the same age range in 2020, with former President Joe Biden carrying the demographic with 61%.

Colin Reed, a Washington, D.C.-based Republican strategist, noted how Kirk plays a unique role in ‘expanding the tent’ for the party.

‘A generation ago, it would have been unthinkable for a Republican candidate to run nearly equal among younger voters against a Democratic standard-bearer who had every Hollywood and celebrity endorser under the sun, but that’s precisely what happened in 2024,’ Reed wrote to Fox News Digital, alluding to Harris’ star-studded, but short campaign after Biden dropped out in July.

‘Charlie opened the doors for younger people to not only consider the conservative movement but embrace it and champion its principles as a ticket to prosperity and happiness.’

Those close to Kirk, including Turning Point Action’s leader Tyler Bowyer, dubbed 2026 the ‘Charlie Kirk election’ at a vigil at Arizona State University Monday.

‘2028 will be the Kirk-Vance election,’ he said, and the organization is expected to rally around Vice President JD Vance to be Trump’s successor.  

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A man who pleaded guilty to attempting to kill Supreme Court Justice Brett Kavanaugh in 2022 is now using a female name and pronouns, according to a court document filed Friday. 

Nicholas Roske, who is scheduled to be sentenced next month, is using the name Sophie Roske and a ‘Ms.’ title for the first time in a court filing in a case that has stretched for three years.

The court filing was a routine request in anticipation of Roske’s sentencing, which is set for Oct. 3. But the filing referenced Roske by the name ‘Sophia,’ while a footnote revealed that Nicholas remains Roske’s legal first name.

‘Out of respect for Ms. Roske, the balance of this pleading and counsel’s in-court argument will refer to her as Sophie and use female pronouns,’ the footnote stated.

It is unclear if Roske is undergoing any treatments to become transgender. Fox News Digital reached out to the defendant’s defense team for comment.

Roske arrived at Kavanaugh’s house June 8, 2022, with a pistol, ammunition, a knife, a crowbar and tactical gear. Roske eventually called 9-1-1 and turned himself in after receiving a call from his sister and observing U.S. marshals in front of the justice’s house.

The incident occurred just two weeks before the Supreme Court handed down its landmark decision overturning Roe v. Wade, an expected decision that had drawn protesters to the Supreme Court building and conservative justices’ houses for weeks leading up to it.

The Department of Justice is seeking a 30-year sentence. In a sentencing memorandum, prosecutors referenced ‘mental health issues’ the defendant has had for about a decade that included thoughts of violently murdering his sister. He has received treatment for the issues, specifics of which were not included in the memorandum.

‘While the defendant has mental health issues, those issues do not detract from the gravity of the defendant’s crime: the defendant researched and targeted multiple members of the judiciary, and intended to alter the composition of the Supreme Court for ideological reasons,’ prosecutors wrote.

The revelation of the gender label switch comes as the DOJ has internally discussed concerns with transgender people owning guns and as conservative activist Charlie Kirk’s alleged assassin, Tyler Robinson, was discovered to have been in a romantic relationship with a transgender person. While the investigation remains open and authorities are still developing an understanding of the motive, authorities have said Robinson felt Kirk spread hate, which drove him to carry out the killing.

A Bureau of Prisons spokesperson said in a statement to Fox News the bureau could not confirm details about any gender-related treatments Roske may have received.

‘For privacy, safety and security reasons, the Bureau of Prisons (BOP) does not comment on the conditions of confinement for any incarcerated individual, including health information status or treatments,’ the spokesperson said.

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If it ain’t broke, why fix it? The GDX is way up, but VanEck is switching horses midstream.

The gold price hit a record high of US$3,707.34 per ounce on Wednesday (September 17), shortly after the US Federal Reserve’s decision to make its first cut to interest rates since December 2024.

That put the precious metal’s price up 40 percent since the start of 2025.

It’s been a long time coming, but it seems gold-mining stocks are finally responding to record gold prices.

The VanEck Gold Miners ETF (ARCA:GDX), whose holdings include the biggest global gold-mining companies, was up by 103.54 percent year-to-date as of Thursday (September 18).

The GDX has tracked the price and yield performance of the NYSE ARCA Gold Miners Index since its inception in May 2006. That came to an end on Friday (September 19) as it switched to the MarketVector Global Gold Miners index.

What does the GDX index change mean for gold investors?

It may seem counterintuitive for global investment management firm VanEck to make a change to the index for the popular US$20.5 billion GDX, but there are plenty of good reasons.

The switch was planned a few months ago in conjunction with housekeeping that’s a routine component of exchange-traded fund (ETF) management. The move to the MarketVector Global Gold Miners Index is happening at the same time that the firm would normally rebalance the weight of its positions in GDX’s underlying securities.

And the move makes sense. Not only is MarketVector a subsidiary of VanEck, but it is based on free-float market-cap-weighted methodology that many major stock indexes now use.

“By focusing only on shares available for public trading, excluding those held by insiders or restricted from the market, this method offers a more accurate reflection of market dynamics than the full-market capitalization method,” explains Investopedia, noting that this approach is used by indexes like the S&P 500 (INDEXSP:.INX).

It seems VanEck is joining the rest of the global financial community, which has transitioned away from full market-cap-weighting methodologies like that used by NYSE ARCA Gold Miners Index.

So what can GDX investors expect from this change?

They probably won’t see much difference right away besides slight adjustments to how some stocks are weighted in the fund, or which stock listing is used for companies with multiple stock listings.

For example, major miner Newmont (TSX:NEM,NYSE:NEM,ASX:NEM) — which is among the ETF’s top five holdings — will be weighted at 6.95 percent from 12.99 percent.

Chart via VanEck.

Over the long term, however, GDX may see a boost in performance, including less volatility and better liquidity, as the dead weight is cut away and the largest companies are no longer concentrated at the top. This could represent a major growth opportunity for GDX investors, especially if this bull run on gold and gold-mining stocks continues.

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

This post appeared first on investingnews.com

Will Rhind, CEO of GraniteShares, breaks down gold’s recent price activity.

‘I think the main thing that’s driving gold … is this alternative to the dollar,’ he said.

‘People want an alternative to fiat money, and particularly the dollar, and also to traditional stocks and bonds. And so gold’s appeal as being a genuine alternative, an uncorrelated alternative, grows by the month, seemingly,’ Rhind added.

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

This post appeared first on investingnews.com

Orla Mining (TSX:OLA,NYSEAMERICAN:ORLA) was hit with a second major exit this month as Newmont (TSX:NGT,NYSE:NEM,ASX:NEM) sold its entire 13.3 percent stake for US$439 million, sending the Canadian miner’s shares tumbling nearly 8 percent on Friday (September 19).

The Denver-based miner said it sold the shares through the Toronto Stock Exchange at US$10.14 (C$14.00) each. The move leaves Newmont with no remaining stake in the company.

CEO Tom Palmer called the sale part of a broader strategy to sharpen focus and free up capital.

“Today’s announcement demonstrates Newmont’s ongoing commitment to streamlining our equity portfolio and unlocks significant cash to support Newmont’s capital allocation priorities,” he said.

Orla shares fell 7.7 percent on Friday to US$10.21 after the sale, cutting its market capitalization to about US$2.41 billion.

The drop followed a similar selloff earlier in September when Agnico Eagle Mines (TSX:AEM,NYSE:AEM) offloaded its 11.3 percent stake in Orla for US$560.5 million.

By contrast, investors rewarded Newmont for the divestment. Its shares rose 3 percent in New York following the announcement, lifting the company’s market capitalization to US$88.6 billion.

The exit from Orla is the latest in a string of Canadian divestments by Newmont, which has been streamlining its portfolio since November 2024.

That program has included the sale of the Musselwhite mine in Ontario to Orla in an US$850 million deal and, more recently, an agreement to sell the Coffee gold project in Yukon to Fuerte Metals (TSXV:FMT,OTCQB:FUEMF) for up to US$150 million.

The company has also applied to voluntarily delist from the Toronto Stock Exchange, citing low trading volumes, though it remains listed in New York.

Despite the divestments, Newmont continues to operate significant Canadian assets, including the Brucejack and Red Chris mines.

For Orla, the departures of Newmont and Agnico Eagle add pressure to demonstrate its ability to sustain growth with a broader investor base.

The company currently operates two producing assets—the Camino Rojo oxide mine in Mexico and Musselwhite in Ontario—and has forecast consolidated 2025 gold output of 265,000 to 285,000 ounces.

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

This post appeared first on investingnews.com

The US cannabis industry is at a turning point. State-level legalization and retail growth continue to accelerate, but federal policy remains stalled, leaving businesses navigating both opportunity and uncertainty.

Together, they shed light on the operational, financial and regulatory hurdles shaping the future of cannabis in the US.

Banking reform stalled, but bipartisan momentum building

As the co-founder of Nabis — which works with more than 400 brands and thousands of retailers — Ning has a unique perspective on these challenges. He explained that forcing a multibillion-dollar, state-sanctioned industry to operate largely in cash comes with safety and economic risks for businesses.

“Bottom line, it costs us around 4 to 5 percent of our top line of the business, which is pretty substantial,” he said, citing expenses like armored vehicles, guards, security safes, theft insurance and cash processing fees.

The SAFER Banking Act is designed to create a safe harbor for financial institutions to provide these services, protecting them from federal penalties for working with state-legal cannabis businesses.

While the act did not pass during the Biden administration, it continues to receive support, with a bipartisan coalition of 32 state attorneys general renewing calls to pass the SAFER Banking Act during a congressional break in late July, underscoring its importance for public safety, economic transparency and financial access.

Analysts have noted the need for a creditworthiness benchmark for cannabis firms, saying that without one companies like Nabis have had to develop their own internal credit scoring systems.

The rescheduling debate: Tax relief and research

While banking reform would address operational security, federal rescheduling of cannabis would tackle the punitive tax burden under Section 280E of the Internal Revenue Code.

This past April, the US Drug Enforcement Administration (DEA) confirmed that its cannabis rescheduling review was still pending, with no new steps taken, subject to 90 day updates.

That same month, during an April 30 Senate hearing, new DEA head nominee Terrance Cole said reviewing the rescheduling proposal would be a top priority for him if confirmed, though he gave no position.

Several months later, in August, President Donald Trump said his administration was actively reviewing the proposal, with a decision expected in the coming weeks, though no hearing was scheduled. A day later, Representative Greg Steube (R-FL) reintroduced the 1-to-3 Act to legislatively move cannabis to Schedule III.

Also in late August, Representative Jerrold Nadler (D-NY) and other Democrats reintroduced the MORE Act to federally decriminalize cannabis, while Representative Morgan Griffith (R-VA) circulated draft legislation to regulate hemp-derived intoxicating products, closing Farm Bill loopholes. The STATES Act, which aims to allow states to set cannabis policies free from federal interference, was reintroduced in August as well.

Progress in rescheduling progress and the elimination of Section 280E would further mitigate banking risks, decrease business taxes and broaden opportunities for medical research.

Speaking about this topic, Ning provided a powerful financial metric. He estimates that the removal of the 280E tax would bring back roughly 12 percent to companies’ bottom lines. Ning described this as a non-dilutive gain that would make the cannabis industry a legitimate category for institutional investment.

“I think it would bring a lot of renewed sense of interest and excitement,’ he said.

Additionally, rescheduling would allow academic institutions to conduct more research with greater funding, as it would officially acknowledge cannabis as a medically accepted product with acceptable use cases.

Secretary of Health and Human Services Robert F. Kennedy has consistently shown interest in expanded research into therapeutic uses of cannabis and psychedelic compounds.

MAPS is conducting a Phase 2 study examining inhaled cannabis for the treatment of post-traumatic stress disorder in veterans, funded by a US$12.9 million grant from the Michigan Veteran Marijuana Research Grant Program.

Should legislative obstacles in Washington be overcome, America’s cannabis industry could see a new wave of opportunities. Unfortunately, a rescheduling decision is improbable before the midterm elections.

In September, Represenative Dina Titus (D-NV), co-chair of the Congressional Cannabis Caucus, told University of Nevada, Las Vegas, researchers that federal reform efforts remain stalled.

Shortly after, on September 11, the Department of Justice withdrew several proposed regulatory actions, including a measure to facilitate cannabis research and a hemp lab waiver tied to the rescheduling hearings.

Meanwhile, the House Appropriations Committee recently approved a bill blocking rescheduling or descheduling, but kept a rider protecting state medical programs.

State-level trends in US cannabis

Nabis’ unique position in the supply chain gives the company a macro view of the industry.

Data cited by Ning reveals that the cannabis industry as a whole is growing as more and more states legalize it; however, he noted significant differences between mature markets like California and newer ones. In mature markets, there are often more brands than retailers, giving retailers bargaining power to demand longer terms and deeper discounts, or sometimes not paying at all. Meanwhile, smaller brands have no other option but to sell to larger retail chains.

This imbalance is contributing to a trend of consolidation, which Ning said happens first in the most costly areas of the industry, such as distribution, followed by cultivation and then manufacturing.

Retailers are the most recent tier to see rapid consolidation.

While Ning believes this will eventually happen in younger markets like New York, where retail sales alone have already surpassed US$2 billion, he noted that the state’s regulations, which include credit laws and a limit on the number of licenses an individual can own, may prevent the kind of aggressive consolidation seen in California.

Ning also pointed to a shift in consumer behavior and product trends. While flower products remain the biggest base of the market, more highly manufactured products like edibles, concentrates and beverages are seeing significant growth in the legal market because consumers are more loyal to the brands that make them.

This is in contrast to the illicit market, where consumers tend to be loyal to the strain rather than the brand.

What’s next for US cannabis?

The cannabis industry is caught between growing state-level legalization and persistent federal uncertainty.

While some in the industry have lost hope in federal reform, Ning believes a new wave of investor confidence would emerge if either rescheduling or banking reform were to pass, or if there was a breakthrough in medical research.

In the meantime, Ning pointed out that the cannabis industry has historically been insulated from broader economic downturns because it operates domestically, and, in fact, is even more “hyper localized” within each state.

He also noted that cannabis, similar to other vices like alcohol or tobacco, tends to boom during recessions.

“We saw this during COVID. We saw this in prior situations that resembled depressive times before. So that brought back some investment sentiment as well,’ he concluded.

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

This post appeared first on investingnews.com

1911 Gold Corporation (‘ 1911 Gold ‘ or the ‘ Company ‘) (TSXV: AUMB,OTC:AUMBF; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that it has entered into an amended and restated agreement with Haywood Securities (‘ Haywood ‘), as lead agent, on its own behalf and on behalf of Velocity Capital Partners (together with Haywood, the ‘ Agents ‘), to amend the terms of its previously announced ‘best efforts’ private placement and LIFE offering to increase the size of the offering to C$17 million (the ‘ Upsized Offering ‘).

Under the terms of the Upsized Offering, the Agents have agreed to sell, on a ‘best efforts’ private placement basis, up to: (i) 3,184,000 common shares which qualify as ‘flow-through shares’ (within the meaning of the Tax Act) and qualify as ‘Canadian exploration expenses’ as defined in the Tax Act (the ‘ CEE LIFE Shares ‘) at a price of C$0.64 per CEE LIFE Share (the ‘ CEE Issue Price ‘); and (ii) 14,802,000 common shares which qualify as ‘flow-through shares’ (within the meaning of the Tax Act) and qualify as ‘accelerated Canadian development expenses’ as defined in the Tax Act (the ‘ CDE Offered Shares ‘) at a price of C$0.554 per CDE Offered Share (the ‘ CDE Issue Price ‘) for aggregate gross proceeds to the Company from the sale of CEE LIFE Shares and CDE Offered Shares of up to C$10,238,068 (the ‘ LIFE Offering ‘).

Additionally, the Agents have agreed to sell, on a ‘best-efforts’ private placement basis, up to: (i) 6,889,000 common shares of the Company (the ‘ Non-FT Shares ‘) at a price per Non-FT Share of C$0.45 (the ‘ Non-FT Issue Price ‘); and (ii) 5,655,000 common shares which qualify as ‘flow-through shares’ (within the meaning of the Tax Act) and qualify as ‘Canadian exploration expenses’ as defined in the Tax Act (the ‘ CEE PP Shares ‘ and together with the CEE LIFE Shares, the ‘ CEE Offered Shares ‘) at the CEE Issue Price for aggregate gross proceeds to the Company from the sale of the Non-FT Shares and CEE PP Shares of up to C$6,719,250 (the ‘ PP Offering ‘ and together with the LIFE Offering, the ‘ Marketed Offering ‘). The Marketed Offering combines aggregate gross proceeds to the Company of up to C$16,957,318. The CEE Offered Shares, CDE Offered Shares, and Non-FT Shares are referred to herein as the ‘ Offered Shares ‘.

The Company has granted the Agents an option to sell up to an additional 15% of the Marketed Offering in CEE Offered Shares at the CEE Issue Price (the ‘ Agents’ Option ‘, and together with the Marketed Offering, the ‘ Upsized Offering ‘), exercisable in whole or in part at any time up to 48 hours prior to the closing date of the Upsized Offering.

The Non-FT Shares and CEE PP Shares will be issued and sold to eligible purchasers pursuant to the available ‘accredited investor’, ‘minimum amount investment’ and ‘family, friends and business associates’ private placement exemptions in accordance with National Instrument 45-106 – Prospectus Exemptions (‘ NI 45-106 ‘) in each of the Provinces of Canada. The CEE LIFE Shares and CDE Offered Shares will be offered and sold to eligible purchasers pursuant to the listed issuer financing prospectus exemption under Part 5A of NI 45-106 and Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘ LIFE Exemption ‘) in each of the Provinces of Canada. The Offered Shares may be offered and sold to eligible purchasers pursuant to the LIFE Exemption in, the United States and in certain offshore foreign jurisdictions. The Offered Shares sold to purchasers in the United States will be made on a private placement basis pursuant to one or more exemptions from registration requirements of the United States Securities Act of 1933, as amended.

For the CEE Offered Shares, the Company, pursuant to the provisions in the Tax Act shall use an amount equal to the gross proceeds of the sale of the CEE Offered Shares to incur qualifying expenditures after the Closing Date and prior to December 31, 2026 in the aggregate amount of not less than the total amount of the gross proceeds raised from the issue of CEE Offered Shares. The Company shall renounce the qualifying expenditures so incurred to the purchasers of the CEE Offered Shares effective on or before December 31, 2025.

For the CDE Offered Shares, the Company, pursuant to the provisions in the Tax Act shall use an amount equal to the gross proceeds of the sale of the CEE Offered Shares to incur ‘accelerated Canadian development expenses’ after the Closing Date and prior to December 31, 2026 in the aggregate amount of not less than the total amount of the gross proceeds raised from the issue of CDE Offered Shares. The Company shall renounce the qualifying expenditures so incurred to the purchasers of the CDE Offered Shares effective on or before December 31, 2026.

The net proceeds from the sale of the Non-FT Shares shall be used for general corporate and working capital purposes.

The CEE LIFE Shares and CDE Offered Shares to be issued under the Upsized Offering will not be subject to resale restrictions pursuant to applicable Canadian securities laws.

The Non-FT Shares and CEE PP Shares to be issued under the Upsized Offering will be subject to a hold period in Canada expiring four months and one day from the closing date of the Upsized Offering.

The Company has filed an amended and restated offering document (the ‘ Offering Document ‘) related to the LIFE Offering of CEE LIFE Shares and CDE Offered Shares that can be accessed under the Company’s profile on SEDAR+ at https://www.sedarplus.ca and on the Company’s website at www.1911gold.com . Prospective investors of the LIFE Non-FT Shares, CEE LIFE Shares and CDE Offered Shares should read the Offering Document before making an investment decision.

The Upsized Offering is expected to close on or about October 15, 2025 or such other date as the Company and the Agents may agree, and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional listing approval of the TSX Venture Exchange (‘ TSXV ‘) and the applicable securities regulatory authorities. The Upsized Offering is subject to final acceptance of the TSXV.

In consideration for their services, the Company has agreed to pay the Agents a cash commission equal to 6.0% of the gross proceeds from the Upsized Offering (subject to reduction to 3.0% on certain president’s list purchases) and that number of non-transferable compensation options (the ‘ Compensation Options ‘) as is equal to 6.0% of the aggregate number of Offered Shares sold under the Upsized Offering (subject to reduction to 3.0% on certain president’s list purchases). Each Compensation Option is exercisable to acquire one common share of the Company at a price equal to the Non-FT Issue Price for a period of 24 months from the closing date of the Upsized Offering, except Compensation Options issued with respect to president’s list purchasers, with such Compensation Options to be exercisable for a period of nine months from the closing date of the Upsized Offering.

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

About 1911 Gold Corporation

1911 Gold is a junior developer with a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, Canada. The Company also owns the True North mine and mill complex in Bissett, Manitoba. 1911 Gold believes its land package represents a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex.

In addition, the Company holds the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario, and remains focused on advancing organic growth while pursuing accretive acquisition opportunities across North America.

1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs

President and CEO

For further information, please contact:

Shaun Heinrichs
Chief Executive Officer

(604) 674-1293

sheinrichs@1911gold.com

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward -looking statements. Often, but not always, forward- looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or describes a ‘goal’, or variation of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved .

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Upsized Offering, the use of proceeds of the Upsized Offering, the timing and ability of the Company to close the Upsized Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Upsized Offering, the timing for the qualifying expenditures to be incurred and to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements.

In making the forward-looking statements included in this news release, the Company have applied several material assumptions, including that the Upsized Offering will close on the anticipated terms; that the Company will use the net proceeds of the Upsized Offering as anticipated; that the Company will receive all necessary approvals in respect of the Upsized Offering; the Company´s financial condition and development plans do not change because of unforeseen events, and management’s ability to execute its business strategy and no unexpected or adverse regulatory changes with respect to the Company mineral projects, and that the specific proposals to amend the Tax Act publicly announced on March 3, 2025 by the Minister of Energy and Natural Resources on behalf of the Minister of Finance proposing an amendment to extend the mineral exploration tax credit for investors in flow-through shares until March 31, 2027 will be enacted. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking 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.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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.

News Provided by GlobeNewswire via QuoteMedia

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// Not for distribution to the United States newswire services or for dissemination in the United States //

Copper Quest Exploration Inc. (CSE: CQX; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that it has closed the second and final tranche (the ‘ Second Tranche ‘) of its previously announced non-brokered private placement (the ‘ Private Placement ‘) with the issuance of 4,070,534 units (the ‘ Units ‘, and each, a ‘ Unit ‘) of the Company at a price of $0.075 per Unit for gross proceeds of $305,290.05.

Each Unit consists of one (1) common share of the Company (‘ Share ‘) and one (1) Share purchase warrant, whereby each Share purchase warrant (‘ Warrant ‘) is convertible into an additional Share (‘ Warrant Share ‘) at an exercise price of $0.15 per Warrant Share. Each Warrant will expire on September 19, 2027 (the ‘ Expiry Date ‘), being the date that is two (2) years following the date of issuance. The Expiry Date is subject to acceleration in the event the closing price of the Company’s common shares on the Canadian Securities Exchange is equal to or greater than C$0.29 for a period of 10 consecutive trading days at any time after that date which is four (4) months following the date of issuance, in which case the Expiry Date of the Warrants shall automatically accelerate and the Warrants will expire on that date which is 30 days from the date of notice of such acceleration event.

In connection with the Private Placement, the Company paid aggregate finder’s fees in the amount of $5,040 to eligible finders and issued a total of 67,200 finder warrants (the ‘ Finder Warrants ‘). The terms of the Finder Warrants are the same as the Warrants.

An insider of the Company acquired an aggregate of 680,000 units. The participation by the insider in the Private Placement constitutes a ‘related party transaction’ as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘). The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities purchased by insiders, nor the consideration for the securities paid by such insiders, exceeded 25% of CQX’s market capitalization. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Private Placement, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner. The Private Placement was unanimously approved by the Board.

Proceeds from the Private Placement are intended for exploration activities and general working capital purposes. All securities issued in connection with the Private Placement are subject to a statutory hold period expiring January 20, 2026, being the date that is four months and one day from the date of issuance.

The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any state securities laws, and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Copper

Copper is an essential industrial metal at the heart of the global energy transition and modern infrastructure. It plays a critical role in electrification, renewable energy systems, electric vehicles, data centers, and smart technologies. With global demand rising and new supply challenged by declining grades, complex permitting, and underinvestment, the copper market faces persistent deficits and growing geopolitical scrutiny. Recent U.S. policy announcements, including import tariffs and initiatives to secure domestic and allied supply chains, underscore copper’s strategic importance and the need for resilient, localized resource exploration, development, production and processing capacity.

About Copper Quest Inc.

Copper Quest (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through the exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises four projects that span over 40,000+ hectares in great mining jurisdictions.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property Copper Quest has a 100% interest in the 5,389 ha Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 ha porphyry copper-molybdenum Rip Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at Copper Quest .

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Kelly Abbott
Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, statements relating the future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements in this news release relate to, among other things, the expected use of proceeds from the Private Placement. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

News Provided by GlobeNewswire via QuoteMedia

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Modern warfare is evolving quickly alongside emerging technologies, unlocking unprecedented investment opportunities in diverse areas of the defense sector.

Escalating conflicts in Europe and the Middle East are prompting governments worldwide to increase military spending. Looking at the US alone, the passage of the One Big Beautiful Bill Act has the potential to bring a US$150 billion investment into the defense industry. In addition, the Trump administration is proposing a US$1 trillion defense budget for 2026 with a focus on cybersecurity, artificial intelligence (AI) and autonomous systems capabilities.

The biggest US defense contractors and exchange-traded funds (ETFs) are expected to benefit greatly from the huge government spending expected in the sector. As for up-and-coming American defense companies that offer investors growth opportunities, those that can quickly develop and commercialize dual-capability technologies (i.e. for both civil sector and defense markets) are looking equally as attractive.

“If the opportunity is purely in the defense sector, that’s a big, but ultimately limited, opportunity. If the opportunity is in defense and a range of other sectors because the technology has got a transversal application, then it becomes far more interesting for an investor,” notes Joe Cassidy, partner, technology, media and telecom at KPMG in the UK.

Defense and security trends: Nature of war is changing

Defense spending jumped nearly 10 percent in 2024, according to a KPMG report on emerging trends in the aerospace and defense sector, representing “its fastest growth rate in nearly four decades.’

The firm attributes this growth to geopolitical destabilization both in Europe and in the Middle East. The global trade war surrounding rare earths, platinum-group metals, aluminum, steel and semiconductors is adding further pressure.

This increase in domestic defense spending has been translating into big wins for defense and security stocks. As Raymond James’ September Defense & Government Market Intel Report shows, publicly traded companies in the US defense sector are up by 57.8 percent since September 2024.

In a June interview with Federal News Network’s Terry Gerton, Sam Maness, managing director of Raymond James’ Defense and Government Group, ascribed the growth to the anticipated increase in funding for domestic defense contractors. He noted that US-China tensions and other geopolitical conflicts are “lead(ing) to bullishness for anything that is more meaningfully touching mission, and defense technology naturally does that.’

Looking forward, analysts expect supply chain sovereignty and cutting-edge technological advancements to be the major themes in this sector as nations look to cost effectively build out their domestic defense industries. At the same time, new weapons systems are reshaping the nature of war both on the battlefield and online.

“The way conflicts are resolved is changing rapidly and new technologies are disrupting the battlefield strategy,” states KPMG in its report. “Defense departments need rapid innovation and are no longer willing to wait years for a custom system when an ‘80% Solution’ can be purchased off-the-shelf.”

So what technologies are getting the most attention in the defense sector?

As mentioned, cybersecurity, autonomous systems and AI solutions are in the spotlight, and companies with dual-capability technologies are getting recognition. Below are examples of defense stocks tracked by Raymond James that are focused on providing these technologies to both the civil and defense sectors.

Cybersecurity defense stocks

One of the greatest threats to modern militaries is cyber attacks. This makes securing military IT infrastructure, communications networks and weapons systems mission critical for today’s armed forces.

L3Harris Technologies (NYSE:LHX) is a leading US defense contractor that provides cybersecurity solutions such as end-to-end technologies across air, land, sea, space and cyber domains.

The firm also serves public safety sectors such as law enforcement and fire; commercial sectors such as utilities and transportation; the commercial aviation space; and the healthcare industry.

Mercury Systems (NASDAQ:MRCY) develops secure processing subsystems, embedded computing and mission-critical technologies with advanced cybersecurity features for military and defense applications.

The company also supplies the aviation and industrial sectors.

V2X (NYSE:VVX) supplies vehicle-to-everything cybersecurity to secure communications between military vehicles, drones and command centers. It is in the process of acquiring federal IT business of QinetiQ Group (LSE:QQ), which provides data engineering, intel mission support and cyber solutions for US intelligence agencies.

In the civil and commercial space, the company provides solutions to first responders, commercial fleets and the auto sector, as well as urban mobility and utilities.

Zscaler (NASDAQ:ZS) is a leader in cloud-native security and its zero-trust architecture platforms are used by the US Department of Defense, intelligence agencies and other defense contractors. In August, the company acquired Red Canary, adding to its portfolio of cybersecurity detection and response solutions for US defense and intelligence agencies. Zscaler also serves the healthcare, finance, retail, energy, manufacturing and public sectors.

    Autonomous system defense stocks

    The changing nature of war is probably best represented in the rapid innovation and adoption of lower-cost autonomous systems such as drones, unmanned ground vehicles, robotics and counter-drone technologies.

    A key supplier to the US military, AeroVironment (NASDAQ:AVAV) designs and manufactures unmanned aerial vehicles and robotics systems primarily for military surveillance and reconnaissance.

    The company also provides electric energy systems to the commercial and public sectors.

    Kratos Defense & Security Solutions (NASDAQ:KTOS) specializes in advanced defense technologies such as unmanned systems, satellite communications and hypersonics, while adapting them for commercial markets.

    Teledyne Technologies (NYSE:TDY) provides drones, unmanned vehicles and robotics-related technologies to the defense sector through its subsidiary Teledyne FLIR.

    It also provides these technologies for the civil aviation, manufacturing and energy sectors.

    Through its subsidiary Textron Systems, Textron (NYSE:TXT) develops and integrates autonomous and robotics systems for the US Department of Defense and military operations for intelligence, surveillance and reconnaissance missions. The company’s autonomous technologies portfolio also extends into civil aviation, law enforcement and critical infrastructure protection for government and civilian operations.

      Artificial intelligence defense stocks

      AI technologies are rapidly being integrated into existing and emerging defense tech, including unmanned aerial and ground vehicles, reconnaissance and surveillance systems as well as hypersonic weapons.

      Curtiss-Wright (NYSE:CW) is a global engineering company that provides products such as sensors, controls and data acquisition systems for the defense, aviation, nuclear power and industrial markets. Its defense solutions division has produced AI-optimized rugged embedded computing systems for use on the battlefield.

      Leonardo DRS (NASDAQ:DRS) specializes in AI-enabled computing and sensing for tactical military platforms, including for use in US Army ground vehicles. Its technology is also used for public safety and infrastructure protection during disaster responses, as well as in industrial automation, medical diagnostics and commercial transportation.

      Palantir Technologies (NASDAQ:PLTR) is a leading defense contractor that delivers AI platforms for the US military and its allies. It partners with other major defense industry companies such Northrop Grumman (NYSE:NOC) and Anduril Industries. Palantir’s technology is also widely used in the civil sector, as well as by more than half of Fortune 500 companies in sectors such as healthcare, energy, finance and manufacturing.

      Voyager Technologies (NYSE:VOYG) is a defense- and space-focused AI technology company that provides national security solutions with partners such as Palantir. In August, it acquired Electromagnetic Systems, adding AI-based automated target recognition software and intelligence analytics for space-based radar systems to its portfolio. Voyager’s AI tech is also used by NASA and commercial satellite operators.

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

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