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As President-elect Donald Trump prepares to return to the White House next month, what sort of foreign policy can Americans expect during his second stint in the Oval Office?

Trump will pursue an ‘America first foreign policy,’ J. Michael Waller, senior analyst for strategy at the Center for Security Policy, suggested during an interview with Fox News Digital, describing Biden’s approach as ‘America last.’

Senate Minority Leader Mitch McConnell is advocating for the soon-to-be commander in chief to significantly increase military spending in a bid to build up the nation’s ‘hard power.’

The long-serving lawmaker is also warning against an isolationist approach to foreign policy, asserting in a piece on Foreign Affairs that ‘the response to four years of weakness must not be four years of isolation.’

‘Trump would be wise to build his foreign policy on the enduring cornerstone of U.S. leadership: hard power. To reverse the neglect of military strength, his administration must commit to a significant and sustained increase in defense spending, generational investments in the defense industrial base, and urgent reforms to speed the United States’ development of new capabilities and to expand allies’ and partners’ access to them,’ McConnell contended.

‘To pretend that the United States can focus on just one threat at a time, that its credibility is divisible, or that it can afford to shrug off faraway chaos as irrelevant is to ignore its global interests and its adversaries’ global designs,’ he argued.

Waller, who authored the book ‘Big Intel,’ explained that America-first foreign policy does not mean isolationism. 

‘It means for the United States to define its national interests very strictly,’ without suggesting that every crisis around the globe is ‘of vital, existential interest to our country,’ he noted.

Waller opined in Foreign Affairs that McConnell was seeking to ‘maintain the uniparty consensus for the United States’ present global commitments that are stretching us beyond our means … without even stepping back to reassess what is really in our national interests and how can we best marshal our resources to ensure them.’

Fox News Digital attempted to reach out to request comment from McConnell, but did not receive a response.

Trump rips Biden administration

Trump has tapped Sen. Marco Rubio, R-Fla., for secretary of state, a choice Waller graded as a ‘really good pick.’ 

Regarding the ongoing Ukraine-Russia conflict, Rubio has said that the U.S. is funding a ‘stalemate war.’

Trump has called for a ceasefire.

‘There should be an immediate ceasefire and negotiations should begin. Too many lives are being so needlessly wasted, too many families destroyed, and if it keeps going, it can turn into something much bigger, and far worse,’ he declared in a post on Truth Social.

Trump has also called for the release of hostages in the Middle East, warning in a post on Truth Social that if they are not released by when he assumes office, ‘there will be ALL HELL TO PAY in the Middle East, and for those in charge who perpetrated these atrocities against Humanity. Those responsible will be hit harder than anybody has been hit in the long and storied History of the United States of America,’ he declared.

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Russian President Vladimir Putin on Thursday promised to ask former Syrian President Bashar al-Assad for help in locating American veteran and journalist Austin Tice following a letter from Tice’s mother pleading for assistance. 

‘I haven’t seen President Assad yet, since he came to Moscow – but I plan to do so. I will have a conversation with him,’ Putin told NBC during a press conference according to a translator, though he appeared to cast doubt on the former president’s ability to help. ‘We are adults, we understand – 12 years ago, a person went missing in Syria, 12 years ago.

‘We understand what the situation was and 12 years ago acts of hostilities were ongoing from both sides. Does President Assad himself know what happened to that U.S. citizen, a journalist who performed his journalistic duty in a combat area?’ he asked before giving a shrug.

‘Nonetheless, I do promise that I will ask this question to him,’ he added. 

Putin’s comments came after Debra Tice on Wednesday appealed to the Kremlin chief in a letter to help find her son who went missing after he was detained in Damascus in August 2012.

The Syrian government for more than a decade refused to negotiate the release of Tice, who was abducted while reporting on the uprising against the Assad regime during the early stages of the Syrian civil war, which ultimately ended earlier this month after the Syrian president was ousted and fled to Moscow. 

‘The current situation in Syria compels us to ask for your help in finding Austin and safely reuniting our family. You have profound connections with the Syrian government, which can be a great benefit for our unrelenting efforts to find our Austin,’ she wrote in the letter obtained by Fox News. ‘In this holiday season of peace and goodwill, we respectfully request your assistance in finding Austin and safely reuniting him with our family.

‘We would, of course, be willing to travel to Moscow or any other place on Earth to put our arms around our precious Austin and bring him home safely,’ she added. 

In an interview with NBC News, Debra defended her decision to write to the authoritarian leader, one of the U.S.’ chief adversaries, and said, ‘Of course I am reaching out to powerful people, so they can help us.’

‘Russia has had a port there in Latakia forever, so I do think they have the ability to know what’s going on the ground. We are still trying to find out where he is,’ she emphasized. 

The State Department has escalated its efforts to find Tice following the fall of the Assad regime, including by offering a $10 million reward for information relating to his release.

‘We have fanned out everywhere with every possible source, every possible actor who might be able to get information,’ Secretary of State Antony Blinken said Thursday in his interview with MSNBC’s ‘Morning Joe,’ in a transcript sent out by the State Department. ‘This involves anyone and everyone who has some relationship with the different rising authorities in Syria. We’ve been in direct contact with them ourselves. We have other partners on the ground, and we’re looking at getting on the ground ourselves as quickly as we can.

‘But the most important thing is this: Any piece of information we get, any lead we have, we’re following it. We have ways of doing that irrespective of exactly where we are,’ Blinken continued. ‘And I can just tell you that this is the number-one priority… to get Austin.’

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The chaotic collapse of the continuing resolution spending bill is putting House Speaker Mike Johnson’s leadership under the spotlight and Sen. Rand Paul, R-Ky., has floated the idea of replacing him with Elon Musk, President-elect Trump’s pick to co-chair his Department of Government Efficiency (DOGE).

Paul took to Musk’s X Thursday morning to pitch the idea of the tech billionaire taking the House Speaker’s gavel, noting that the Speaker does not need to be a sitting member of Congress.

‘The Speaker of the House need not be a member of Congress… Nothing would disrupt the swamp more than electing Elon Musk… think about it… nothing’s impossible. (not to mention the joy at seeing the collective establishment, aka ‘uniparty,’ lose their ever-lovin’ minds),’ wrote Paul, a staunchly libertarian conservative on fiscal matters.

Musk, an outspoken critic of government waste, has weighed in on the spending bill debate and led a conservative revolt against the latest plan due to its bloated spending provisions – calling for lawmakers who supported the bill to lose their seats.

‘Any member of the House or Senate who votes for this outrageous spending bill deserves to be voted out in 2 years!’ Musk wrote on X. The legislation has angered conservatives, including President-elect Trump who also called for it to be scrapped. 

House Majority Leader Steve Scalise, R-La., confirmed to reporters that the deal was dead while leaving the Capitol on Wednesday night. It came after GOP critics of the spending bill spent much of the day attacking Johnson’s handling of the issue.

It’s unclear if Paul was serious in his suggestion or if the post was made with tongue-in-cheek.

Democratic political strategist Jimmy Williams balked at the idea.

‘Senators should stick to Senating and House Members should stick to their Chamber,’ Williams wrote on X. ‘No House Member gives a damn what a Senator thinks about who should be Speaker.’

However, Rep. Marjorie Taylor Greene, R-Ga., backed the idea.

‘I’d be open to supporting @elonmusk for Speaker of the House,’ Greene wrote on X replying to Paul. ‘DOGE can only truly be accomplished by reigning in Congress to enact real government efficiency. The establishment needs to be shattered just like it was yesterday. This could be the way.’

Johnson ascended to the speakership after former House Speaker Rep. Kevin McCarthy, R-Calif., was ousted late last year in a move initiated by eight Republican rebels, becoming the first House speaker to be voted out of the position in U.S. history.

House Minority Leader Hakeem Jeffries, D- N.Y., said last week that no Democrats will vote for Johnson’s bill, scheduled for Jan. 3. 

With Republicans set to hold a four-seat majority, Johnson retaining the gavel is not guaranteed.

Rep. Thomas Massie, R-Ky., said Wednesday that he won’t vote for Johnson, barring a ‘Christmas miracle.’ Earlier this year, Massie supported Greene in pushing to remove Johnson from the speakership, but the vast majority of members in both parties ultimately voted to spike the ouster effort. 

With Rep. Victoria Spartz, R-Ind., saying she will no longer caucus with Republicans while remaining a registered Republican, that may reduce Johnson’s support to a single vote.

Paul is not the only senator to weigh in on Johnson’s leadership.

On Wednesday, Sen. Josh Hawley, R-Mo, took aim at the House Speaker for the chaotic situation playing out on Capitol Hill and suggested change.

‘It’s ridiculous. It’s a horrible plan. I can’t believe that Republican leadership ever cooked it up,’ Hawley told Hannity.

‘Clearly, they didn’t talk to Trump about it, and I tell you what, we need to have a serious look at who’s leading this Congress because if this is the best they could do, I mean, it’s just it’s total incompetence, this is a disaster.’

Hawley said the latest plan would saddle the incoming administration with a ‘terrible spending bill’ and it would need to be revisited again in March.

‘Under this bill, they’d shut the government down again, have to do this all over again, have to raise the debt ceiling again later, the same year.’

‘This bill right here would add hundreds of billions of dollars to the deficit, and the worst part is, it is all for Dem priorities.’

Fox News’ Danielle Wallace and Alex Nitzberg contributed to this report. 

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Some House Republicans are privately fuming after Elon Musk and Vivek Ramaswamy got involved in congressional talks on government funding, leading the charge to tank a bipartisan deal.

Several GOP lawmakers granted anonymity to speak freely about a sensitive situation were either frustrated about the pair getting involved or believe they exacerbated long-standing weaknesses within the House Republican Conference.

‘Musk and Vivek should not have jumped in at the 11th hour and should have handled it directly with the speaker. Folks on the same side shouldn’t act like these two,’ one House Republican said. ‘They’re more about the clicks and bright lights than getting the job done. I’ll have nothing to do with them after watching them publicly trash the speaker.’

A second GOP lawmaker said, ‘If Elon and Vivek are freelancing and shooting off the hip without coordination with [President-elect Trump], they are getting dangerously close to undermining the actual 47th President of the United States.’

A third lawmaker accused Ramaswamy of distorting facts.

‘He didn’t read the entire [continuing resolution] and the vast majority of what he was talking about is misinformation,’ they said.

Speaker Mike Johnson, R-La., was gearing up to hold a vote on a bipartisan, 1,547-page deal to extend current government funding levels through March 14 – known as a continuing resolution (CR).

The goal was to give congressional negotiators more time to cobble together an agreement on how to fund the government for the remainder of fiscal year (FY) 2025, while also kicking the fight into a term where Republicans control the House, Senate and White House.

But GOP hardliners were furious about what they saw as unrelated measures and policy riders being added to the bill at the last minute.

In addition to averting a partial government shutdown through March 14, the bill also includes provisions on health care and ethanol fuel, plus more than $100 billion in disaster aid funding, measures to fund the rebuilding of Baltimore’s Francis Scott Key Bridge and the first pay raise for lawmakers since 2009.

Musk and Ramaswamy soon joined the opposition, with Musk even threatening to back primary challengers to Republicans who supported the CR.

Less than 24 hours after the legislation was released, House Majority Leader Steve Scalise, R-La., told reporters the bill was dead.

House GOP leaders have been working toward a plan B, but it’s unclear they’ll get much, if any, Democratic support. 

A fourth House Republican who spoke with Fox News Digital said of Musk’s involvement, ‘I think he influenced weak members who didn’t have direction until he tweeted.’

‘He’s just highlighting bad governance and indirectly a weak legislative branch,’ they said.

Trump, meanwhile, threatened to primary Republicans who supported a ‘clean’ CR without an increase of the debt limit – which expires January 2025.

The issue threw a wrench into negotiations on Wednesday night, given the months-long and politically brutal talks that normally accompany a debt limit increase or suspension.

One Republican bristled at his threat: ‘Trump threatening to ‘primary’ us also reduces his standing with many of us. I don’t want anything to do with him.’

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Members of President Biden’s staff noticed his fading stamina and increasing confusion within the first few months of him entering office, according to a new report from the Wall Street Journal.

The Journal based its report on interviews with nearly 50 people, including current and former White House staffers who interacted directly with the president, as well as lawmakers.

One former aide recalled a national security official explaining why a meeting in the spring of 2021 was canceled altogether.

‘He has good days and bad days, and today was a bad day so we’re going to address this tomorrow,’ he recalled the official saying.

Democratic lawmakers in Congress reported that Biden was less available than past presidents. He had few meetings with members of Congress, and those meetings were often brief, they said.

‘The Biden White House was more insulated than most,’ Rep. Adam Smith, D-Wash., told the Journal. ‘I spoke with Barack Obama on a number of occasions when he was president and I wasn’t even chairman of the committee.’

‘I really had no personal contact with this president. I had more personal contact with Obama, which is sort of strange because I was a lot more junior,’ Rep Jim Himes, D-Conn., echoed.

Even members of Biden’s own Cabinet soon stopped requesting calls with the president, perceiving from interactions with staff that calls were unwelcome, WSJ reported.

A source familiar with the Journal’s reporting said the outlet had on-record interviews with a number of Cabinet members who rejected claims that Biden lacks mental acuity. Those Cabinet members included Transportation Secretary Pete Buttigieg and EPA Administrator Michael Regan and others, the source said. The Journal did not include their comments in its report.

Biden held fewer than half as many full Cabinet meetings as his most recent predecessors. President-elect Trump held 25 such meetings and former President Obama held 19 in their first terms, but Biden had just eight.

The White House pushed back on the substance of the Journal’s report in a statement provided to Fox News Digital, saying Biden’s policy accomplishments provide ‘indisputable proof’ of his qualifications and leadership.

‘President Biden speaks with members of his Cabinet daily, and with most members multiple times a week, staying in close touch with them about implementation of key laws and strengthening our national security. During every presidency, there are inevitably some in Washington who do not receive as much time with whomever the president is as they would prefer; but that never means that the president isn’t engaging thoroughly with others, as this president does,’ said White House spokesman Andrew Bates.

‘Cabinet meetings are an important tradition, but the contemporary work environment means they can be fewer and far between. As academics who study the presidency have emphasized, every member of the Cabinet – to say nothing of the President – are busy principals and more can be accomplished on behalf of the American people speaking with the President one-on-one or in smaller settings with officials who have related portfolios,’ he added.

Fox News Digital reached out to Cabinet officials and their departments, asking them if they believed Biden was fit to serve this week, and if they stood by past statements of confidence in his ability to continue.

DHS Secretary Alejandro Mayorkas, in a statement in September, said that he has ‘full confidence in President Biden’s ability to carry out his job. 

‘As I’ve said before, I come fully prepared for my meetings with President Biden, knowing his questions will be detail-oriented, probing, and exacting. In our exchanges, the President always draws upon our prior conversations and past events in analyzing the issues and reaching his conclusions,’ he said.

On Monday, DHS said that the secretary stands by those comments.

Secretary of Commerce Gina Raimondo has called Biden ‘one of the most accomplished presidents in American history and continues to effectively lead our country with a steady hand.’

‘As someone who is actually in the room when the President meets with the Cabinet and foreign leaders, I can tell you he is an incisive and extraordinary leader,’ Raimondo said.

A spokesperson said this week that Raimondo stands by those comments.

Sabrina Singh, deputy Pentagon press secretary, told Fox in September: ‘As Secretary Austin has said before, he has watched President Biden make tough national security decisions and seen his commitment to keeping our troops safe – he has nothing but total confidence in our Commander-in-Chief.’

This week, Singh said those comments still stand.

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Cardiol Therapeutics President and CEO, David Elsley

Cardiol Therapeutics President and CEO, David Elsley

PRISM MarketView announces the release of an informative interview with Cardiol Therapeutics President and CEO, David Elsley, who discusses the company’s lead oral drug, CardiolRx™, which is entering a late-stage Phase III clinical trial, MAVERIC, for patients with recurrent pericarditis who are at high risk for recurrence.

Cardiol Therapeutics is a clinical-stage life sciences company focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. Elsley states, ‘CardiolRx™ is uniquely positioned to address critical gaps in the current treatment options for recurrent pericarditis.’

During a discussion with PRISM MarketView, Elsley describes the market opportunity for its lead drug candidate, its key differentiators from other treatments, the recent Phase II MAvERIC-Pilot study results, the company’s financial position and key upcoming milestones. ‘With its potential to be safer, more cost-effective, and disease-modifying, CardiolRx™ could significantly improve the standard of care for the thousands of patients living with recurrent pericarditis,’ Elsley commented regarding the potential positive impacts and market opportunity for its lead drug candidate.

The full interview can be found at: https://prismmarketview.com/cardiol-therapeutics-nasdaq-crdl-accelerates-late-stage-trial-targeting-1b-recurrent-pericarditis-market-aiming-to-transform-heart-disease-care/

About Cardiol Therapeutics

Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) is a clinical-stage life sciences company focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. The Company’s lead small molecule drug candidate, CardiolRx™ (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease. It is recognized that cannabidiol inhibits activation of the inflammasome pathway, an intracellular process known to play an important role in the development and progression of inflammation and fibrosis associated with myocarditis, pericarditis, and heart failure.

Cardiol has received Investigational New Drug Application authorization from the United States Food and Drug Administration (‘US FDA’) to conduct clinical studies to evaluate the efficacy and safety of CardiolRx™ in two diseases affecting the heart: recurrent pericarditis and acute myocarditis. The MAVERIC Program in recurrent pericarditis, an inflammatory disease of the pericardium which is associated with symptoms including debilitating chest pain, shortness of breath, and fatigue, and results in physical limitations, reduced quality of life, emergency department visits, and hospitalizations, comprises the Phase II MAvERIC-Pilot study (NCT05494788), the Phase II/III MAVERIC-2 trial, and the planned Phase III MAVERIC-3 trial. The ARCHER trial (NCT05180240) is a Phase II study in acute myocarditis, an important cause of acute and fulminant heart failure in young adults and a leading cause of sudden cardiac death in people less than 35 years of age. The US FDA has granted Orphan Drug Designation to CardiolRx™ for the treatment of pericarditis, which includes recurrent pericarditis.

Cardiol is also developing CRD-38, a novel subcutaneously administered drug formulation intended for use in heart failure – a leading cause of death and hospitalization in the developed world, with associated healthcare costs in the United States exceeding $30 billion annually.

For more information about Cardiol Therapeutics, please visit cardiolrx.com .

About PRISM MarketView:
Established in 2020, PRISM MarketView is dedicated to the monitoring and analysis of small cap stocks in burgeoning sectors. We deliver up-to-the-minute financial market news, provide comprehensive investor tools and foster a dynamic investor community. Central to our offerings are proprietary indexes that observe emerging sectors, including biotech, clean energy, next-generation tech, medical devices and beyond. Visit us at prismmarketview.com and follow us on Twitter .

PRISM MarketView does not provide investment advice.

Disclaimer
This communication was produced by PRISM MarketView, an affiliate of PCG Advisory Inc., (together ‘PCG’). PCG is not a registered or licensed broker-dealer nor investment adviser. No information contained in this communication constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. PCG may be compensated by respective clients for publicizing information relating to its client’s securities. See www.pcgadvisory.com/disclosures .

Contact: PRISM MarketView
info@prismmarketview.com
646-863-6341

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1b5e784-ae3d-4783-a994-4ac06d521bef

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Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (‘Forum’ or the ‘Company’) announced today that the Company is not aware of any undisclosed material information that might be contributing to the recent decline in the Company’s share price.

As announced in its news release dated December 16th, 2024, the Company is raising $1,250,000 which consists of a combination of shares and flowthrough units. Common shares are being purchased by its strategic investor and insiders for general working capital purposes. The flow-through units are being purchased by its long-term investor and supporter Pavillion Resource Fund for procurement of supplies and services for the 2025 drill program on the Aberdeen Uranium Project in the Thelon Basin, Nunavut (Figure 1).

As announced in previous news releases, assays from its 2024 summer exploration program at its Aberdeen Project in Nunavut, Canada consisting of thirty diamond drill holes covering a total of 6,962 meters are being processed at the SRC Geoanalytical Laboratories in Saskatoon, Saskatchewan which is experiencing an extreme backlog given the increased drilling activity this past year. To date, Forum has received 608 geochemical results from the 11 holes at the Tatiggaq Main and West zones located 5 kilometers from Orano’s Kiggavik deposit. Seven of these 11 holes contained mineralization. (See November 26, 2024 news release for detailed description of drilling highlights).

Assay results from the remaining eight holes along parallel structures in the Tattigaq anomaly are expected in early January. Eleven holes targeting Qavvik, the company’s second discovery, and other high impact targets including Ned, Ayra and Loki are also expected in the new year. After receipt and review of all of the assays from the 2024 drill program, the Company will compile this data in combination with all prior data from the more than 135 drill holes completed by Cameco during its tenure on the property.

Rebecca Hunter, Ph.D., P.Geo., Forum’s Vice President of Exploration and Qualified Person under National Instrument 43-101, has reviewed and approved the contents of this news release.

Cannot view this image? Visit: https://legacyinsidershub.com/wp-content/uploads/2024/12/234440_14940c2014131b6c_003.jpg

Figure 1 The Thelon Basin is a geologic analogue to the Athabasca Basin in Saskatchewan. Orano/Denison/UEC’s Kiggavik, End and Andrew Lake uranium deposits host 133 million pounds of uranium grading at 0.54% U3O8* in two proposed open pits and one underground mine. Forum owns 95,519 hectares of prospective ground along the same controlling structures as at Kiggavik.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4908/234440_14940c2014131b6c_003full.jpg

*Source: The Kiggavik deposit is held by Orano (66.2%), Denison (16.9%) and Uranium Energy Corp. (16.9%). Kiggavik mineral resources are 127.3 million pounds Indicated mineral resource grading 0.55% U3O8 and 5.4 million pounds Inferred mineral resource grading 0.33% U3O8 as reported on the Denison Mines Ltd. Corporate Presentation dated November 2024, p. 23 on their website and the Orano 2023 Activities Report converted from tonnes U to pounds U3O8 and from %U to %U3O8. Cut-off grades and other assumptions, parameters and methods used to estimate resources are unknown. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and the issuer is not treating the historical estimate as current mineral resources or mineral reserves.

About Forum Energy Metals

Forum Energy Metals Corp.(TSXV: FMC) (OTCQB: FDCFF) is focused on the discovery of high-grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. For further information: https://www.forumenergymetals.com.

This press release contains forward-looking statements. Forward-Looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Forward-Looking information is subject to known and unknown risks, uncertainties and other factors that may cause Forum’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related to the historical data, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic conditions or financial markets; changes commodity prices, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining or advancing its exploration projects.

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo.
President & CEO

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

For further information contact:

Rick Mazur, P.Geo., President & CEO
mazur@forumenergymetals.com
Tel: 604-630-1585

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(TheNewswire)

Opawica Explorations Inc.

December 19th, 2024 TheNewswire – Vancouver, B.C. Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the ‘Company’ or ‘Opawica’) a Canadian mineral exploration company focused on precious and base metal projects, is pleased to announce that select members of it exploration personnel has been mobilized to conduct field work at the Bazooka Gold Project (‘Bazooka’) in the Abitibi gold camp in Quebec, Canada.

Specifically, the company has deployed an advanced team, consisting of a Quebec-registered geologist and an assistant to Bazooka. Their mission is to map access routes and finalize drill locations for at least 20 high-priority gold targets previously identified in the area, in preparation for an upcoming drilling campaign. The crew will further scout locations where secondary or alternate drill sites may be considered.

In recognition of the milestone, Blake Morgan, CEO of the Company stated: ‘This is an important step in advancing the Bazooka property as we await final drill permit approval. This preparation will enable us to mobilize quickly, ensuring we are ready to begin drilling as efficiently and quickly as possible once the permits have been granted. With drill permits already approved on the Arrowhead Project the team feel permits are very close regarding the Bazooka Property.’

Opawica’s Bazooka property is adjacent to Yamana Gold’s Wasamac property, which hosts a proven gold resource of 1,767,000 oz. Other major gold mining companies, including Agnico Eagle Mines, are also located within close proximity * . Previous drilling campaigns from 2003 to 2005 found extensive evidence of gold bearing minerals on the property. Gold concentrations reached up to 316.23 grams per tonne over a 1-meter section in Hole #BA-03-02A.


Click Image To View Full Size

The variations in gold content highlight the potential richness of the gold present within the minerals found during these exploration efforts. Opawica intends to drill these promising areas using the latest survey technology .

Mr. Yvan Bussieres, P.Eng., is the qualified person for Opawica Explorations and approves the technical content of this news release. *Mineralization on adjacent Projects are not necessarily indicative of the Mineralization on Bazooka Property

About Opawica Explorations Inc.

Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec. The Company’s management has a great track record in discovering and developing successful exploration projects. The Company’s objective is to increase shareholder value through the development of exploration properties using cost effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders.

FOR FURTHER INFORMATION CONTACT:

Blake Morgan

President and Chief Executive Officer

Opawica Explorations Inc.

Telephone: 236-878-4938

www.opawica.com

info@opawica.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy

of this news release.

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Copyright (c) 2024 TheNewswire – All rights reserved.

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AgTech Company highlights recent 100% purchase of Hemp Carbon Standard platform to advance industrial hemp carbon credits global market opportunity

Hempalta Corp. (TSXV: HEMP) (‘Hempalta’ or the ‘Company’) has released its financial results for the year ended September 30, 2024. Hempalta’s audited consolidated financial statements (the ‘Financial Statements’) and related management’s discussion and analysis (the ‘MD&A’) for the twelve months ended September 30, 2024 are available on www.sedarplus.ca.

Annual Financial Results

  • Revenue for the twelve months ended September 30, 2024 was $539,727, a 24% increase compared to the same period in 2023. The increase resulted from greater production and expanded distribution channels.
  • Cost of sales for the twelve months ended September 30, 2024 was $885,204, a 44% increase compared to the same period in 2023. Contributing factors included the costs associated with scaling up operations to handle increased sales, such as higher freight costs, online sales platform fees, production supply costs, maintenance, and repair costs. In addition, there was an approximate $136,000 inventory write-down due to stale and damaged inventory that is in the process of being converted to biochar.
    • Net general and administrative expenses for the twelve months ended September 30, 2024 increased 69% compared to the same period in 2023. The increase is primarily due to higher filing and listing fees and accounting and legal costs related to the going public process and the acquisition of a controlling interest in HCS.
    • At September 30, 2024, the Company had cash of $726,514 and working capital of $712,072.

    Full Ownership of Hemp Carbon Credits Platform

    In December 2024, Hempalta acquired the remaining 49.9% interest in HCS, solidifying 100% ownership of the hemp-focused carbon credit platform. Building on the initial acquisition of a 50.1% stake in May 2024, the completed purchase significantly strengthens Hempalta’s commitment to sustainable business practices.

    With full operational control of HCS’s proprietary methodologies and verification processes, the Company will work to scale its global sustainability payment program, empowering industrial hemp farmers to capitalize on regenerative cultivation methods. This integration positions Hempalta to deliver premium-quality carbon credits efficiently to corporate buyers, while positioning itself as a boutique hemp carbon credit supplier in the evolving voluntary carbon market.

    The demand for carbon credits is increasing as companies seek to reduce their carbon footprint and mitigate climate change. Industrial hemp possesses the capacity to absorb substantial amounts of carbon dioxide (‘CO2‘) during its rapid growth cycle. HCS has been a pioneer in the generation of carbon credits derived from the industrial hemp crop life cycle.

    HCS’s precision quantification methodology leverages cutting-edge remote sensing technology, ensuring the accurate measurement of CO2 removal within the biomass of the industrial hemp crop and associated topsoil. This approach guarantees transparency and integrity in carbon accounting and helps corporate buyers of HCS carbon credits to achieve their sustainability goals. By participating in the voluntary carbon market, industrial hemp farmers can diversify their revenue streams and make meaningful contributions to climate change mitigation.

    Outlook

    Darren Bondar, Hempalta’s President and Chief Executive Officer, said, ‘Our activity the past year has been focused on taking the company public for our investors and determining the best revenue-generating opportunities related to industrial hemp. To that end, we’ve achieved 100% ownership of a global hemp carbon credit platform that enables us to seek out new markets worldwide and participate in the growing carbon credit marketplace. Full ownership means we can now streamline operations, strengthen our technology platform, and provide value to our partners and investors through a low capex, highly scalable platform that enables farmers and corporate buyers to reduce their carbon footprints.’

    Investor Updates

    Investors can stay updated on Hempalta’s investor announcements by subscribing to our mailing list. Click here to subscribe and join our community as we advance towards a greener future.

    About Hempalta

    Hempalta Corp. (TSXV: HEMP) is a publicly traded agricultural technology company listed on the TSX Venture Exchange, focused on harnessing the immense potential of hemp.

    Hempalta participates in the global hemp carbon credit industry through its 100% ownership of Hemp Carbon Standard Inc. The Company also utilizes advanced agricultural technology to process industrial hemp at scale with resulting products made from hemp grown sustainably in Alberta and processed through a state-of-the-art processing plant at its production facility in Calgary, Alberta.

    The Company is led by passionate advocates for industrial hemp who have years of operations, manufacturing, marketing, consumer packaged goods, and retail sales experience. Hempalta has been named a Top 10 Startup by Platform Calgary’s Launch Party and recognized as one of the 50 most investable clean technology companies by Foresight Canada. Learn more at www.hempalta.com.

    HEMP TO BETTER THE PLANET™

    For more information, please contact:

    Darren Bondar
    Chief Executive Officer

    Hempalta Corp.
    1560 Hastings Crescent SE, Calgary, AB T2G 4E1
    Web:
    https://www.hempalta.com/
    Email: info@hempalta.com

    Sales or partner opportunities:
    Cecil Horwitz
    Business Development
    cecil.horwitz@hempalta.com

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

    Forward-Looking Information

    This news release contains statements and information that, to the extent that they are not historical fact, may constitute ‘forward-looking information’ within the meaning of applicable securities legislation. Forward-looking information is typically, but not always, identified by the use of words such as ‘will’, ‘expected’, ‘plans’, ‘enable’ and similar words, including negatives thereof, or other similar expressions concerning matters that are not historical facts. Forward-looking information in this news release includes, but is not limited to, statements regarding: the benefits of the acquisition of the remaining 49.9% interest in HCS; the Company’s plans with respect to the HCS platform, including the scaling of such program; the demand for carbon credits increasing; industrial hemp farmers being able to diversify their revenue streams by participating in the Voluntary Carbon Market; and the Company adding a global hemp carbon credit platform that enables it to seek out new markets worldwide and participate in the growing carbon credit market place. Such forward-looking information is based on various assumptions and factors that may prove to be incorrect, including, but not limited to, factors and assumptions with respect to: the ability of the Company to successfully implement its strategic plans and initiatives and the expected benefits therefrom; the anticipated benefits of the HCS acquisition; the ability of farms and sites currently signed up by HCS to grow hemp; and the ability of HCS to sell carbon removal credits through the Voluntary Credit Market. Although the Company believes that the assumptions and factors on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking information will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom. Actual results may vary from those currently anticipated due to a number of factors and risks including, but not limited to: the risk that the benefits from the HCS acquisition will not be as anticipated; risks associated with general economic conditions; conditions in the carbon credit markets; adverse industry events; the risk that farms and sites currently signed up by HCS will not grow or be able to grow industrial hemp as anticipated or at all; the risk that HCS may not be able to sell carbon removal credits as anticipated or at all; adverse weather conditions affecting the growth of hemp; future legislative, tax and regulatory developments; and the ability of management to execute its business strategy, objectives and plans. The forward-looking information included in this news release is made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking information to reflect new information, subsequent events or otherwise, except as required by applicable law.

    NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRES

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    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234345

    News Provided by Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    President Biden announced an audacious goal for America to reduce its carbon emissions by two thirds with barely weeks left in his administration.

    Biden’s White House announced the new goal in a public statement. It calls for the U.S. to massively reduce its carbon emissions by 2035, invoking the Paris Agreement.

    ‘Today, as the United States continues to accelerate the transition to a clean energy economy, President Biden is announcing a new climate target for the United States: a 61-66 percent reduction in 2035 from 2005 levels in economy-wide net greenhouse gas emissions,’ the White House wrote.

    ‘It keeps the United States on a straight line or steeper path to achieve net-zero greenhouse gas emissions, economy-wide, by no later than 2050. In connection with this announcement, the United States is making a formal submission of this new target to the United Nations Climate Change secretariat as its next NDC under the Paris Agreement,’ the statement continued.

    President-elect Trump withdrew the U.S. from the Paris Agreement soon after entering office in his first term. Biden then re-entered the U.S. into the treaty. Trump has not said whether he plans to once again remove the U.S. from the plan, which calls on global powers to self-impose climate reforms.

    Trump reportedly plans to install an ‘energy czar’ to scale back energy and climate regulations implemented under the Biden administration.

    Six sources familiar with Trump’s transition team told the New York Times last month that a series of executive orders and presidential proclamations have been drafted related to climate and energy, aimed at rolling back Biden-era clean energy regulations that some critics argue have hurt the economy. 

    Other plans Trump and his transition team are reportedly discussing include installing an ‘energy czar’ to help cut regulations on domestic energy production and potentially moving the Environmental Protection Agency’s (EPA) headquarters outside of Washington, D.C.

    ‘The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail,’ Trump-Vance transition spokeswoman Karoline Leavitt told Fox News Digital when asked to confirm the details about Trump’s reported plans. ‘He will deliver.’

    Fox News’ Alec Schemmel contributed to this report.

    This post appeared first on FOX NEWS