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Syntholene offers investors exposure to a first‑of‑its‑kind, publicly traded pure‑play synthetic fuel company positioned to disrupt a multi‑trillion‑dollar liquid fuels market with a scalable pathway to cost‑competitive, carbon‑negative aviation fuel.

Overview

Syntholene Energy (TSXV:ESAF,FSE:3DD0) is a next-generation clean energy company focused on producing high-performance, carbon-negative, low-cost synthetic liquid fuels, with aviation as its initial target market. Syntholene is actively commercializing its novel Hybrid Thermal Production System for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel (eSAF), manufactured at 70 percent lower cost than the nearest competing technology today. The company’s mission is to deliver the world’s first truly high-performance, low-cost, and carbon-neutral eFuel at an industrial scale, unlocking the potential to produce clean synthetic fuel at lower cost than fossil fuels, for the first time.

Syntholene Energy - Carbon and hydrogen molecule structure labeled "Kerosene Jet Fuel."

Synthetic fuels offer a drop-in solution for the aviation industry seeking to reduce emissions without modifying aircraft or infrastructure, addressing one of the most pressing challenges in global decarbonization.

The company is operating against the backdrop of a large and rapidly expanding aviation fuel market. The global aviation fuel market was valued at approximately US$391 billion in 2023 and is projected to grow to nearly US$820 billion by 2032, while the sustainable aviation fuel segment is expected to expand from just over US$2 billion in 2025 to more than US$25 billion by 2030. This growth is being driven by regulatory mandates, airline decarbonization commitments, and limited near-term alternatives for long-haul flight, making aviation one of the most attractive early markets for synthetic fuels.

Beyond aviation, the global eFuel market is projected to grow rapidly over the coming decade, from US$8.89 billion in 2024 to more than US$215 billion by 2032, supported by increasing demand for low-emissions liquid fuels across shipping, industrial energy, and other hard-to-electrify applications that rely on existing combustion infrastructure. While aviation is Syntholene’s initial commercial focus, the company’s synthetic fuel platform is designed for application across a wide range of liquid fuel markets, allowing it to leverage a substantially larger total addressable market over time. These dynamics create a multi-layered growth opportunity, with aviation serving as a high-value entry point into a much broader global eFuel market.

Syntholene is progressing its Hybrid Thermal Production System from laboratory-scale validation toward a real-world demonstration facility in Iceland, leveraging abundant geothermal resources and long-term expansion potential.

The company’s leadership team brings experience across advanced energy, large-scale industrial deployment, and climate-tech commercialization, positioning the company to scale modular production facilities globally as regulatory and market demand intensifies.

Key Solution

Syntholene’s core offering is synthetic fuel (eFuel) produced through a proprietary, integrated production pathway designed to deliver high performance at materially lower cost than conventional power-to-liquid approaches. Synthetic aviation fuels are produced from renewable electricity, green hydrogen and captured carbon, and can deliver up to 90 percent lower lifecycle emissions while remaining fully compatible with existing aircraft and fueling infrastructure.

Syntholene Energy

Syntholene’s Thermal Hybrid Production System integrates high-temperature solid oxide electrolysis with industrially proven fuel synthesis reactors. By introducing low-cost thermal energy at critical stages of the process, the system significantly reduces electricity consumption, which is the primary cost driver for most eFuel producers. This approach underpins the company’s targeted 70 percent cost advantage versus competing technologies and supports a credible pathway toward cost parity — and potentially superiority — relative to fossil fuels at scale.

From a market perspective, the company is targeting a sector supported by strong regulatory tailwinds. In Europe, the ReFuelEU Aviation Regulation mandates rising sustainable aviation fuel blending requirements beginning in 2025 and increasing through 2050, while complementary subsidies of up to €6 per liter further incentivize adoption.

Syntholene’s development plans are centered on delivering a demonstration facility by the end of 2026, followed by commercial facilities capable of scaling from tens to hundreds of megawatts as demand accelerates. Over time, Syntholene aims to evolve from carbon‑neutral fuel production to carbon‑negative fuels, actively removing more CO₂ from the atmosphere than is emitted when the fuel is consumed.

Management Team

Dan Sutton – Chief Executive Officer

Dan Sutton has spent the last 15 years as a founder and executive leader in sustainable infrastructure deployment and operations. He was the founder and CEO of Tantalus Labs, where he and his team designed, built and operated its first-of-a-kind production facility SUNLAB, reducing energy demand by 90 percent per square foot relative to historic incumbents. He scaled his team to 150 employees, grew revenue from 0 to $20 million annually, and delivered leading revenue-per-employee sector-wide. Sutton has a strong track record in executive leadership, government relations, public relations and project management. He prides himself on building cultures that foster intellect, drive and relentless resourcefulness.

Steve Oldham – Director

Steve Oldham is a globally recognized leader in carbon management and climate‑tech commercialization. He is the former CEO of Carbon Engineering, where he helped establish direct air capture as a viable industry and led the company through its sale to Occidental Petroleum at a $1.6 billion valuation. He is also CEO of Captura and brings decades of experience scaling complex, capital‑intensive clean energy technologies.

Canon Bryan – Director

Canon Bryan is a founder and company builder with more than 25 years of experience in advanced energy and resource companies. He co-founded Terrestrial Energy (developer of Generation IV nuclear power), Uranium Energy (NYSE:UEC), and NioCorp (NASDAQ:NB), and has contracted with public and private companies across finance, accounting, planning and corporate development. Bryan’s background spans full-cycle accounting, economic modelling and strategic leadership in complex industrial sectors.

John Kutsch – Chief Engineer

As Syntholene’s chief engineer, John Kutsch leads the integration of multiple discrete systems into a unified, optimized and scalable infrastructure for economic and rapid construction and operation. He brings over 30 years of experience in systems design and implementation across large industrial companies, including work on energy, chemical processing and advanced reactor designs.

Jack Williams – Head Engineer

Jack Williams is head engineer at Syntholene. He has seven years of experience in high-temperature and pressure reactors, pilot-scale rig design and execution. As a research fellow at the University of Cambridge and IChemE, his work focused on reactor design for synthetic fuel production and CO₂ capture, including developing groundbreaking electrolysis and catalytic reactor technologies.

Grant Tanaka – Chief Financial Officer

Grant Tanaka is Syntholene’s CFO with more than 15 years of senior financial leadership experience across the global natural resources sector. His experience includes directing finance operations for major mining companies and holding senior finance roles at Teck Resources, New Gold and Copper Mountain Mining. Tanaka combines financial discipline with operational performance management and holds a Bachelor of Business Administration. He is also a chartered professional accountant.

Anna Pagliaro – Director

Anna Pagliaro is a senior commercial and risk management executive with extensive experience in the energy and mining sectors. She currently serves as director, commercial and risk at Vizsla Silver, leading strategic negotiations, risk mitigation and governance for complex international projects. Pagliaro’s prior roles include leadership positions at Ausenco, NexGen Energy and Integra Gold, and she holds legal and business credentials that support strategic value creation and operational excellence.

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More than a decade ago, China launched its Belt and Road Initiative, pouring billions into ports, railways and power plants across the developing world to extend Beijing’s economic and political reach far beyond its borders.

Today, experts say China is applying that same playbook to a far more strategic domain: space.

Across Africa, Latin America and other parts of the Global South, Chinese firms have quietly built or expanded satellite ground stations, tracking facilities and space infrastructure that position Beijing as a gateway to orbit for countries like Pakistan, Egypt, Ethiopia, Venezuela, Argentina and Namibia, which lack the resources to get there on their own. Analysts warn the effort carries implications not just for economic influence, but for future warfare and global dominance.

A new report from the Center for Strategic and International Studies (CSIS) finds that China is embedding itself deeply into the space programs of dozens of countries, offering end-to-end services that include satellite design, manufacturing, launches, training and ground infrastructure — a strategy that could give Beijing long-term leverage over a domain increasingly critical to modern military power.

High above Ethiopia’s capital, Addis Ababa, a newly expanded satellite facility built by Chinese firms now tracks objects in orbit. Similar Chinese-built or Chinese-operated sites have appeared in Egypt and Namibia, where large satellite dishes, tracking antennas and testing complexes support space missions that can serve both civilian and military purposes.

Together, the facilities form part of a growing global network strengthening China’s ability to track, communicate with and potentially influence activity in space — now widely viewed by defense planners as a new frontier of conflict.

‘This is really about who’s winning the space diplomacy race in the Global South,’ said Matthew Funaiole, a senior fellow at CSIS and one of the report’s authors. ‘Space is becoming central to economic power, national security, and military capability, and China is positioning itself accordingly.’

Once dominated by science and commerce, space is now treated as a warfighting domain alongside land, sea, air and cyberspace. Satellites underpin modern military operations, enabling communications, intelligence collection, missile warning, navigation and targeting.

Experts say China cannot operate a truly global space power from within its own borders alone. Satellites require constant tracking and communication, which is only possible through a worldwide network of ground stations spread across multiple continents. 

By building facilities overseas, China is closing gaps in its own network and adding redundancy that would be critical in a crisis.

‘Chinese-built ground stations can absolutely support civil and scientific missions — and they do,’ Funaiole said. ‘But they also provide China with the ability to level up its own national security capabilities.’

The report raises particular concern about the dual-use nature of the infrastructure China is exporting. Facilities marketed as scientific or commercial assets also can be used to monitor military satellites, communicate with defense systems, and collect sensitive data — capabilities closely tied to China’s People’s Liberation Army.

Compounding those concerns is a lack of transparency over who ultimately controls the data flowing through these systems.

‘When you’re dealing with space technology in China, there’s always a question of who has access and what the data is being used for,’ Funaiole said. ‘That lack of transparency is a real issue.’

Instead of ports and highways, experts say Beijing is now exporting satellites, launch services and ground stations — offering countries a turnkey path to space while embedding Chinese technology, standards and companies deep inside critical national systems. It is, in effect, Belt and Road applied to orbit.

‘There’s a lot of interest across Africa and Latin America in gaining access to space,’ Funaiole said. ‘Many countries just don’t have the capabilities to do it on their own, and China has stepped into that gap in a way the United States largely hasn’t.’

The report introduces a new China Space Cooperation Index, ranking 64 countries based on the depth of their engagement with Beijing. More than three-quarters of those countries are in the Global South, with Africa accounting for the largest share.

While China’s commercial space sector remains less advanced than that of the United States, it has leveraged state-backed financing, diplomatic outreach and bundled technology offerings to gain footholds that can be difficult to unwind.

‘Once countries are in China’s ecosystem, it becomes very costly for them to switch away,’ Funaiole said. ‘We’ve seen that play out in other critical technologies.’

The United States, by contrast, built its global space network decades ago primarily for warfighting and allied defense, relying on facilities in close partner nations rather than developing countries. Washington never packaged space access as a diplomatic tool, leaving a gap China is now exploiting.

While Africa has emerged as a hub for China’s newest physical infrastructure, the report finds some of Beijing’s deepest space partnerships are in Latin America, including Venezuela and Argentina — developments with direct implications for U.S. security interests closer to home.

That expansion has not gone unnoticed in Washington. 

On display during the most recent operation to capture Venezuelan dictator Nicolás Maduro, President Donald Trump explicitly revived what he dubbed the ‘Donroe Doctrine,’ a modernized and more confrontational take on the Monroe Doctrine that asserted the United States’ right to push hostile foreign powers out of the Western Hemisphere.

The posture was sharpened by the crisis in Venezuela, where China had built a significant economic and technological footprint, reinforcing concerns that Beijing was using infrastructure and technology partnerships to gain long-term strategic leverage in Latin America.

Experts say China’s growing role in satellite launches, space infrastructure and data-sharing agreements shows how strategic competition is moving beyond ports, power plants and telecom networks — and into space.

Beyond security concerns, the report warns of economic consequences if China becomes the space partner of choice for the developing world. The global space economy is projected to reach trillions of dollars in the coming decades, and long-term partnerships forged today could determine who dominates that market tomorrow.

Despite China’s momentum, Funaiole stressed that the United States still holds decisive advantages, if it chooses to use them.

‘The U.S. still has tremendous strengths,’ he said, pointing to companies like SpaceX, which he described as ‘leaps and bounds ahead’ of Chinese competitors. ‘China is trying to emulate that success.’

The question, he said, is whether Washington is willing to treat space not just as a scientific or commercial arena, but as a strategic tool of diplomacy, deterrence and competition.

‘This isn’t an area where it’s too late,’ Funaiole said. ‘The U.S. still has the ability to provide a real alternative — but it requires sustained attention and commitment.’


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Former Secretary of State Mike Pompeo asserted in a Thursday post on X that the regime in the Islamic Republic of Iran has arrived at ‘its natural terminus’ and cautioned against squandering the ‘historic opportunity.’

‘The Iranian regime has reached its natural terminus. The government has zero legitimacy, is weaker than ever, and has run the economy into the ground. With sustained pressure, we could see an end to this evil, anti-American dictatorship. Let’s not waste this historic opportunity,’ he declared in the post on X.

Pompeo served as CIA director, and then as Secretary of State, during President Donald Trump’s first term in office.

Trump has been expressing his support for Iranian dissidents and promising U.S. assistance.

‘Iranian Patriots, KEEP PROTESTING — TAKE OVER YOUR INSTITUTIONS!!! Save the names of the killers and abusers. They will pay a big price. I have cancelled all meetings with Iranian Officials until the senseless killing of protesters STOPS. HELP IS ON ITS WAY. MIGA!!!’ he declared in a Truth Social post on Tuesday, using the acronym that stands for ‘Make Iran Great Again.’

Former National Security Advisor John Bolton warned that if Trump does not take action, his credibility will suffer damage.

‘It will be a blow to Trump’s credibility if the United States does nothing in Iran. He drew red lines and the regime crossed them,’ Bolton asserted in a post on X.

Bolton, who served as national security advisor during a portion of Trump’s first term, had previously served as U.S. Ambassador to the United Nations during part of President George W. Bush’s second term.

Bolton has both praised and criticized Trump since leaving his first administration. He was indicted in October on charges related to the improper handling of classified materials.

Fox News’ Brooke Singman and David Spunt contributed to this report.


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Tensions between Syria’s transitional government and the Kurdish-led Syrian Democratic Forces (SDF) escalated this week after Turkey warned that Damascus could resort to military force against the group, following days of deadly clashes in and around Aleppo. The SDF played a critical role in aiding U.S. forces to defeat the Islamic State in Syria.

Turkey’s foreign minister, Hakan Fidan, said Thursday that Syria’s use of force against the SDF seems an option, adding he hoped the crisis could be resolved through dialogue, according to Reuters.

The remarks came after several days of fighting between Syrian government forces and Kurdish fighters that displaced tens of thousands of civilians and left at least 23 people dead, Reuters reported.

The warning underscores mounting regional pressure as negotiations aimed at integrating the SDF into Syria’s national army remain stalled nearly a year after a U.S.-backed framework agreement was signed.

The United States remains deeply involved in efforts to prevent the confrontation from spiraling, with U.S. Central Command mediating daily on the ground in Syria alongside partners such as France, the U.K., Turkey and Jordan. ‘CENTCOM is on the ground inside Syria playing an active mediating role every single day,’ said Charles Lister, senior fellow and director of the Syria Initiative at the Middle East Institute.

‘Fundamentally, the United States remains the SDF’s biggest and most important backer, supporter, provider of finance, training and, to an extent, defense,’ he said.

Lister said Washington has already used significant leverage, including compelling SDF leader Mazloum Abdi to sign the March 2025 framework agreement.

‘We would not have had the March framework agreement had it not been for basically Gen. Mazloum being strong-armed onto a helicopter, flown to Damascus, and told that he needed to sign that agreement,’ he said.

In a statement released on Wednesday, the SDF accused Syrian government forces and Turkey of what it described as a ‘dangerous military escalation’ across eastern Aleppo’s countryside, including Deir Hafer, Maskanah and the area surrounding the Tishreen Dam.

The SDF claimed Syrian government forces carried out more than a dozen attacks using artillery, mortars and suicide drones and said civilian infrastructure, including a post office and a bakery, was struck.

The SDF also said Turkish Bayraktar drones struck multiple SDF positions near Maskanah and Tabqah. Turkey and the Syrian government had not publicly responded to the claims.

The crisis stems from a failed March 2025 agreement intended to merge SDF forces into Syria’s Ministry of Defense.

‘There’s no question that Damascus has been a tough negotiator,’ Lister said. ‘Having said that, the government has also bent significantly.’

Lister claims the deal stalled because of internal divisions within the SDF. ‘The fact that no deal has been implemented is quite frankly because the SDF is not a united, cohesive movement,’ he said. ‘There are elements within the SDF who absolutely do not want this deal to be implemented.’

He said some factions are deliberately delaying implementation. ‘Their calculation is clearly that the longer that they can stall, they hope that the Syrian transitional government will do something to destroy its international credibility,’ Lister said. ‘It’s just a stall-and-wait-and-see approach.’

‘That approach is intrinsically dangerous,’ he said. ‘It only guarantees conflict.’

‘Over the past two or three days, there have been a number of Turkish drone strikes on SDF military bases in this frontline district in eastern rural Aleppo,’ Lister said.

‘Turkey is primed to get back involved,’ he said. ‘When Turkey has gone all out on the SDF, the SDF haven’t stood a chance.’

According to Lister, only pressure from the highest level could alter the trajectory.

‘The only thing that’s going to change the equation here is if President Trump makes it publicly clear that this deal has to be made and implemented expeditiously,’ he said.

‘This is not contained,’ Lister warned. ‘All the preparations are clearly being made for this to become an active military zone unless serious diplomacy pulls both sides off the brink.’

A statement issued by the U.S. Mission of the Syrian Democratic Council accused Syria’s transitional authorities of targeting Kurdish areas in Aleppo and undermining the political process. ‘What is happening now is not merely a military escalation by the Damascus authorities,’ the statement said. ‘It is an effort to undermine the prospects of building a new Syria.’

The council said Syrian forces were taking control of Kurdish neighborhoods in Aleppo ‘through force, intimidation, and coercion,’ and warned that the escalation could destabilize the region. The group also warned that continued fighting could benefit extremist groups.

‘The primary beneficiary of this escalation will be ISIS, allowing terrorism to re-emerge and once again threaten international peace and security,’ the statement said.

‘We call for an immediate and independent investigation into the crimes committed against Kurds in Aleppo. We urge US decision-makers to monitor the conduct and behavior of the Damascus authorities, take the necessary measures to halt the escalation, and implement the March 10 agreement in full—without any delay or pretext whatsoever.’

Reuters contributed to this report.


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At least one U.S. aircraft carrier is being moved toward the Middle East as tensions with Iran continue to build, military sources confirm to Fox News.

It is not yet clear whether the carrier is the USS Abraham Lincoln, currently operating in the South China Sea, or one of two carriers that departed Norfolk and San Diego earlier this week. Transit to the region is expected to take at least a week.

U.S. military assets from air, land and sea are expected to flow into the region in the coming days and weeks to provide the president with military options should he decide to carry out strikes against Iran, sources said.

The movements are part of what officials described as a process of ‘setting the force.’

One well-placed source said if the president decides to carry out military action, ‘This will be different, more offensive.’ The source said U.S. military planners are preparing a range of options that would depend on how Iran’s regime acts in coming days.

Missile defense systems are also expected to be sent to the region to bolster the defense of U.S. bases and Israel. The systems would include missile defense assets, according to sources.

The Pentagon did not immediately respond to Fox News Digital’s request for comment.


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After a brief series of delay tactics deployed by Democrats, the Senate passed a $174 billion spending package, sending a trio of funding bills to President Donald Trump’s desk.

The move puts Congress one step closer to averting a partial government shutdown, but lawmakers are only halfway through completing and passing the legislation needed to keep the lights on in Washington, D.C.

Neither party is keen to repeat the events of last fall, when Congress shattered the record for the longest government shutdown in history at 43 days. Still, hurdles remain before the fast-approaching Jan. 30 deadline to fund the government.

Despite attempts by Senate Democrats to slow the process, with lawmakers railing against recent actions by the Trump administration in Minnesota and Colorado, the power of jet fumes and an impending week-long break from the Capitol smashed through any resistance.

The three-bill package, known as a minibus, includes legislation to fund commerce, justice, science and related agencies; energy and water development and related agencies; and interior, environment and related agencies.

Comparatively, that package, and a forthcoming two-bill package from the House, are much easier lifts for lawmakers to pass than what’s to come.

Funding the Department of Homeland Security (DHS) has proved tricky, given congressional Democrats’ outrage over the agency’s actions in Minnesota.

Senate Majority Leader John Thune, R-S.D., was hopeful that a forthcoming package would include that bill, and that it could advance through the House to the Senate in the coming weeks.

‘Appropriators are working on another package of the four remaining bills, which I hope will receive the same bipartisan backing that has characterized the appropriations cycle thus far,’ Thune said on the Senate floor. ‘And before the end of the month the Senate will need to process all of these funding bills and get them to the president’s desk.’

But there is an acknowledgment among several lawmakers that Congress will likely have to turn to a short-term funding extension, or continuing resolution (CR), for some remaining funding bills or directly targeted at DHS.

Congressional Democrats are demanding restrictions on DHS funding, particularly money that flows to Immigration and Customs Enforcement (ICE) following the fatal shooting of Renee Nicole Good by an ICE agent last week.

Lawmakers are staying tight-lipped, for now, about what exactly the restrictions could be.

In the upper chamber, Homeland Security Appropriations Chair Katie Britt, R-Ala., said that Republicans had sent a ‘counteroffer to the Democrats but have yet to hear back from them.’

When asked if, ultimately, a CR for just DHS funding would be acceptable for the time being, she told Fox News Digital, ‘What I want to do is actually pass a bill.’

‘I find it hard to believe that Democrats would give President Trump, in their words, a ‘slush fund’ on DHS,’ Britt said. ‘So I think figuring out a pathway forward is what we need to do for everybody involved. And so I’m continuing to be committed to doing that. Time is of the essence.’

Britt’s opposite on the committee, Sen. Chris Murphy, D-Conn., noted that the bill was ‘obviously the hardest,’ but contended that Democrats did not want to try to fix every issue in one fell swoop.

He also believed that a CR wouldn’t fix any of the issues, either.

‘A CR doesn’t stop them from terrorizing our citizens, doesn’t stop the violence,’ Murphy said. ‘So, a CR isn’t great. A budget without any constraints on DHS isn’t likely to get a lot of Democratic votes either.’

‘That’s one of the difficult things to figure out, is whether there’s any language you can put in a budget that the administration will follow,’ he continued. ‘But yes, I think there are ways that we could write accountability into the budget that would be hard for the administration to avoid.’

The Senate’s passage of the minibus comes after the House advanced its latest two-bill package on Wednesday evening. That bill totaled roughly $80 billion in funding for the State Department and related national security, as well as federal financial services and general government operations.

That legislation easily passed the House in a 341-79 vote on Wednesday evening and is now headed to the Senate for its consideration.

House appropriators are expected to release the text of their minibus covering the War Department, Labor Department, Education Department, Department of Transportation, and Department of Health and Human Services, among others, in the coming days.

House GOP leaders are hoping to advance that bill, which will likely be the largest by far, next week while the Senate is in recess. The House will be out the following week.

Questions remain about whether DHS funding will be part of that legislation or its own standalone issue, however.

House Minority Leader Hakeem Jeffries, D-N.Y., told Fox News Digital on Wednesday, ‘Right now, there’s no bipartisan path forward for the Department of Homeland Security bill.’


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Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) (‘Sirios’ or ‘the Company’) has started the year with an infusion of capital, giving the Company additional financial flexibility for enhancing its exploration and investor programs in 2026.

The exercise of 10,209,000 warrants and 1,750,000 options have added $1,516,080 to the treasury and resulted in the issuance of 11,959,000 shares. There are now 397,933,426 common shares outstanding.

‘These exercises validate our proposed combination with OVI Mining Corp. and reflect the recent performance of our stock,’ said Dominique Doucet, Founder and CEO of Sirios Resources. ‘Our strategy is gaining traction, and investors are noticing. We intend to build on this momentum by expanding our investor outreach this year. Jean-Félix Lepage, who will take over as CEO after the closing of the transaction with OVI Mining, will join me for a series of investor events in the coming weeks.’

Sirios to Attend Key Industry Conferences in Q1
As part of its continued commitment to enhancing market visibility and shareholder engagement, Sirios will participate in the following investment conferences:

    In addition, Dominique Doucet and Jean-Félix Lepage will host a series of investor luncheons and one-on-one meetings in Vancouver, Calgary, Montreal and Toronto. Full details on these events will be posted to the Sirios website. To request an invitation, please send an email to info@sirios.com.

    In addition, Sirios also has engaged Resource Stock Digest (RSD) to initiate an advertising and marketing program. An initiation fee of US$8,500 has been paid and a monthly cost of US$2,450, starting this month, will be paid for the first three months and can extend to a total period of 18 months. RSD is owned and operated by Gerardo Del Real and Nick Hodge and its contact details are as follows: Gerardo Del Real, 2051 Gattis School Rd, Ste. 540 PMB 176, Round Rock, TX 78664, USA.

    About Sirios
    Sirios Resources is a mining exploration company based in Quebec, focused on developing its portfolio of high-potential gold projects in the Eeyou Istchee James Bay, Canada. Sirios announced on December 11, 2025, the details of the acquisition of OVI Mining, a landmark event in the company’s history.

    Contact
    Dominique Doucet, Eng., President and CEO
    Phone: 450-482-0603
    ddoucet@sirios.com
    www.sirios.com

    Cautionary Note Regarding Forward-Looking Statements
    This press release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities laws based on expectations, estimates and projections as of the date of this press release. Forward-looking statements involve risks, uncertainties and other factors that could cause actual events, results, performance, expectations and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those indicated in such forward-looking statements include, but are not limited to: capital and operating costs that differ materially from estimates; the tentative nature of metallurgical test results; delays or failures in obtaining required governmental, environmental or other approvals; uncertainties related to the availability and cost of necessary financing in the future changes in financial markets; inflation; fluctuations in metal prices; delays in project development; other risks relating to the mineral exploration and development industry; and risks disclosed in public filings of the Company on SEDAR+ at www.sedarplus.ca. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements contained in this news release are reasonable, readers should not place undue reliance on this information, which speaks only as of the date of this news release, and there can be no assurance that such events will occur or occur within the time periods presented. The Company disclaimed any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

    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.

    Source

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    Further to the Preliminary Economic Assessment announced on 31 January 2025, Metals One (AIM: MET1, OTCQB: MTOPF), a critical and precious metals exploration and development company, is pleased to announce it has formally applied to the EU for Strategic Project designation for the Company’s Black Schist Ni-Cu-Co-Zn Project in Finland. The application has been made pursuant to the Critical Raw Materials Act, which seeks to establish a framework for ensuring a secure and sustainable supply of critical raw materials.

    Highlights of Basis of Application

    Project Summary & Strategy Recap

    The Black Schist Project comprises the Rautavaara (‘R1’) and Paltamo (‘P5’) deposits in eastern Finland, near the regional mining centre of Sotkamo and supported by excellent transport and power infrastructure. Metals One holds 100% of the licences through its wholly owned subsidiary and acquired the project in 2023, commissioning CSA Global to prepare a Competent Persons Report, including a Mineral Resource Estimate for R1. The project is located within the economically significant Kainuu Schist Belt, which hosts Talvivaara-style black schist mineralisation – one of Europe’s lowest-cost and most environmentally attractive sources of Ni-Zn-Co-Cu battery metals.

    On listing, Metals One secured low-risk exploration licences across the belt, including an existing JORC Inferred Resource of 28.1 Mt at R1 and a JORC Exploration Target of 16-25 Mt at P5. The Company’s strategy focuses on rapidly growing resources by refining a geological and geophysical prospectivity model, expanding and upgrading R1 and P5 through drilling, and identifying new targets. In late 2023, an eight-hole, 1,548 m drill programme at the R1 Hook anomaly refined the model and highlighted potential resource extensions, with early results already guiding further target generation, including the K1 prospect at Korpimäki.

    Purpose of Designation

    For the purposes of designation under the Critical Raw Materials Act, the R1 deposit constitutes the Strategic Project core asset of the Black Schist Project.

    The designation is sought to support the advancement of R1 from Preliminary Economic Assessment (‘PEA’) to Pre-Feasibility Study (‘PFS’) and subsequent permitting, enabling near-term de-risking of EU-based extraction capacity for strategic raw materials, notably cobalt and copper, with nickel produced as a strategically relevant co-product.

    Basis for Prioritisation

    R1 has been prioritised based on the following PEA-supported factors:

    • Demonstrated positive economics at PEA level, including a post-tax NPV at both 5% and 8% discount rates as announced on 31 January 2025
    • Established JORC-compliant Inferred Mineral Resource constrained by reasonable prospects for eventual economic extraction
    • Proximity to established Finnish processing infrastructure and technical precedent
    • Manageable environmental and permitting risks that are identifiable and capable of early mitigation

    P5 is excluded from the initial Strategic Project scope and is considered a contingent, medium-term optional expansion subject to future optimisation and market conditions.

    Strategic Intent

    Strategic Project designation is intended to:

    • Support structured and coordinated permitting for the Rautavaara deposit
    • Facilitate engagement with EU institutions, Member State authorities and potential downstream counterparties
    • Enable access to EU-aligned de-risking, financing and technical assistance mechanisms
    • Preserve optionality for future expansion without diluting near-term strategic focus

    Project Relevance

    In 2023, global nickel production was reported to be over 3.3 Mt, an increase of over 10% from 2022, of which Indonesia and the Philippines account for over 60%. By contrast, negligible amounts of nickel are currently produced in Europe. Although nickel does not currently qualify as a critical raw material in the EU, the US Geological Survey added nickel (and zinc) to its critical minerals list in 2022, meaning that the metal is now considered to be essential to the economic security of the US. Despite not qualifying for the EU list, analysis still identified nickel to be of material economic importance to the EU as a Strategic Raw Material and, since the start of Q2 2022, Indonesia (the largest global producer) has banned the export of unprocessed nickel ores to ensure that ores are processed domestically as opposed to being exported and processed offshore. Given these relatively recent developments in the nickel market, producing the metal domestically within the EU becomes an ever more critical goal.

    The PEA highlights the opportunity for the Company’s Black Schist Project to make a meaningful contribution to the security of the EU’s supply of this strategic material.

    Daniel Maling, Managing Director of Metals One, commented:

    ‘Access to raw materials is essential for the EU’s economy and the functioning of the internal market. The Black Schist Project is a multi-metal extraction project potentially contributing to the Union’s security of supply for several Strategic Raw Materials.

    Strategic Project designation would provide several key advantages that could aid in the project’s development and long-term success, including but not limited to enhanced access to project financing, including eligibility for funding from EU programmes, and streamlined permitting processes.

    Given the key role of many critical raw materials in realising the green and digital transitions, and considering their use for defence and aerospace applications, demand is likely to increase exponentially in the coming decades. Further, risk of supply disruptions is increasing against the background of rising geopolitical tensions and resource competition. We believe our Black Schist Project can contribute a stable and secure resource of strategic and critical metals to the EU market.’

    Enquiries:

    Metals One Plc

    Daniel Maling, Managing Director

    Craig Moulton, Chairman

    info@metals-one.com

    +44 (0)20 7981 2576

    Beaumont Cornish Limited (Nominated Adviser)

    James Biddle / Roland Cornish

    +44 (0)20 7628 3396

    Oak Securities (Joint Broker)

    Jerry Keen / Calvin Man

    +44 (0)20 3973 3678

    Capital Plus Partners Limited (Joint Broker)

    Jonathan Critchley

    +44 (0)207 432 0501

    Vigo Consulting (UK Investor Relations)

    Ben Simons / Fiona Hetherington

    IR.MetalsOne@vigoconsulting.com +44 (0)20 7390 0230

    About Metals One

    Metals One is pursuing a strategic portfolio of critical and precious metals projects and investments underpinned by the Western World’s urgent need for reliably and responsibly sourced raw materials – and record high gold prices. Metals One’s shares are listed on the London Stock Exchange’s AIM Market (MET1) and on the OTCQB Venture Market in the United States (MTOPF).

    Map of Metals One projects/investments

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    Market Abuse Regulation (MAR) Disclosure

    The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (‘MAR’).

    Nominated Adviser

    Beaumont Cornish Limited (‘Beaumont Cornish’) is the Company’s Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish’s responsibilities as the Company’s Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

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    As President Donald Trump turns up the volume on his efforts to acquire Greenland from Denmark, two new national polls put a spotlight on the fact that most Americans oppose taking over the massive and crucially strategic island that lies between the Arctic and Atlantic oceans.

    Eighty-six percent of voters nationwide questioned in a Quinnipiac University poll said they would oppose military action to take over Greenland.

    That includes 95% of Democrats, 94% of Independents, and even more than two-thirds (68%) of Republicans surveyed by Quinnipiac late last week through Monday.

    Three-quarters of Americans questioned in a CNN poll conducted at the same time said they opposed a U.S. takeover of Greenland. Ninety-four percent of Democrats and eight in 10 Independents said they would oppose such a move, with Republicans split 50%-50%.

    Meanwhile, by a 55%-37% margin, voters questioned in the Quinnipiac survey said they opposed any U.S. effort to try and buy Greenland.

    But there’s a stark political divide on this question, with the vast majority of Democrats and nearly six in 10 Independents opposed to buying Greenland, and more than two-thirds of Republicans supporting such efforts.

    Danish foreign minister addresses concern over Russian and Chinese influence in Greenland

    ‘The United States needs Greenland for the purpose of national security,’ the president argued in a social media post Wednesday.

    And the president emphasized that ‘anything less’ than U.S. control of Greenland is ‘unacceptable.’

    Trump’s push for the U.S. to acquire Greenland is causing tension with Denmark and other NATO allies who insist that the semiautonomous Danish territory should determine its own future. 

    Trump is making sure Greenland doesn’t ‘fall into the laps’ of China, Russia

    Trump officials are openly considering all options, including military force, to take Greenland, spurring bipartisan opposition from some in Congress.

    Troops from several European countries deployed to Greenland this week for a brief two-day mission to bolster the territory’s defenses. 

    France, Germany, Sweden and Norway are participating in the exercise, Fox News has learned. Leaders say the mission is meant to demonstrate they can deploy military assets ‘quickly.’ 

    Fox News’ Gillian Turner and Greg Norman-Diamond contributed to this report.


    This post appeared first on FOX NEWS

    The White House stood by its decision to change the name of the Department of Defense to the Department of War on Thursday — even as watchdogs warn the change could cost taxpayers as much as $125 million.

    According to the Congressional Budget Office (CBO), a congressional research agency, the costs come primarily from the manpower the change would require.

    ‘Broadly, the costs would include staff time spent updating document templates, revising websites or modifying letterhead,’ the CBO’s report said.

    ‘The scale of those costs would depend on how aggressively DOD implemented the title and how it prioritized renaming activities over other ongoing missions.’

    On the low end, the change could cost as little as $10 million, the CBO said.

    Asked if the switch is worth the price tag, the White House told Fox News Digital the name is more in line with what the nation’s armed services are equipped to do. 

    ‘Under President Trump’s leadership, the now aptly named Department of War is refocused on readiness and lethality — and its title now reflects its status as the most powerful fighting force in the world. The White House is working hand-in-glove with the Department of War on implementation of the Executive Order,’ White House spokesperson Anna Kelly said in a statement.

    The estimates of the name change hinge on whether the DOD intends to immediately replace items like stationery, signage, nameplates, uniforms, shirts and more — or whether those items can be phased out over time as they naturally make their way out of circulation. It also depends on whether the change is limited to the Department of Defense itself or all the defense-wide agencies under its purview.

    Secretary Pete Hegseth’s office at the Department of War did not respond to a request for comment on its plans.

    The report explains that the cost analysis is based on analogous changes to military bases from 2020 to 2023, removing the names of Confederate officers. In that change, the agency estimated implementing name revisions to nine bases would cost up to $5 million per station. Final estimates came out slightly under that projection at $39 million.

    The name-change efforts began last year when President Donald Trump issued an executive order in September. The administration framed the move as a restoration of the department’s original design.

    ‘The Founders chose this name to signal our strength and resolve to the world. The name ‘Department of War,’ more than the current ‘Department of Defense,’ ensures peace through strength, as it demonstrates our ability and willingness to fight and win wars on behalf of our nation at a moment’s notice, not just to defend,’ the White House said in a statement at the time.

    ‘It was under this name that the Department of War, along with the later-formed Department of the Navy, won the War of 1812, World War I and World War II.’

    The CBO noted the department’s name can be officially changed only by an act of Congress.


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