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Propelled by a changing geopolitical climate and technological progress, defense innovation is undergoing rapid acceleration. This rise in innovation is mirrored by a substantial increase in investment within the sector.

Agile startups leveraging cutting-edge technologies like artificial intelligence (AI), robotics and advanced materials are attracting substantial capital from both venture capitalists and government-backed initiatives — according to McKinsey, global venture capital investments in defense companies rose 33 percent year-on-year in 2024.

The US is spearheading this trend, with defense spending on the rise. The Biden administration requested US$849.8 billion for defense in its 2025 fiscal year budget, up 4 percent from 2024. This figure rose to approximately US$1.06 trillion after a legislative bill approved this past July added US$156 billion to the total US military budget for 2025.

Anduril Industries, a privately owned California-based defense technology firm, is one company near the center of this defense sector boom. Co-founded in 2017 by Oculus creator Palmer Luckey, Anduril is working to reshape US and allied military capabilities with AI, autonomous systems and advanced robotics.

The firm has secured significant US government contracts, including US$159 million from the US Army for a mixed-reality system and a potential US$642 million from the US Navy for counter-drone technology.

Collaborating with the US Department of Defense and Microsoft (NASDAQ:MSFT), Anduril is advancing projects like its Integrated Visual Augmentation System, crucial for modernizing military operations with augmented reality and AI.

This comprehensive overview explores Anduril by examining its operations, market value and investment opportunities.

What is Anduril?

Anduril, a defense tech innovator, is reinventing traditional military contracting.

Founded by a group of Silicon Valley technologists after Luckey sold his virtual reality startup, Oculus, to Meta Platforms (NASDAQ:META), called Facebook at the time, the company’s mission is to deploy autonomous systems and sophisticated software for the US Department of Defense and allied governments.

Its flagship platform, Lattice, is an AI-powered command-and-control system that integrates data from a wide range of sensors, drones and surveillance equipment to create a real-time 3D battlefield, without relying on centralized command centers. This decentralized approach enables quicker threat detection, classification and tracking at the tactical edge, with AI algorithms analyzing data to offer operators actionable tactical options and recommendations.

The system supports multi-domain operations, allowing a single operator to control multiple autonomous assets across air, land and sea. Lattice also expedites decision-making and response in combat by automating target engagement with human oversight. To protect critical infrastructure like borders, ports, power plants or communication hubs, the platform offers real-time monitoring and security by integrating sensor data from physical, aerial and maritime systems to detect anomalies and threats, automatically generating alerts and coordinating responses.

The company maintains that its system’s edge computing provides continuous awareness even in challenging network conditions, minimizing false alarms and optimizing security.

Other major products include unmanned aerial vehicles, such as the Fury autonomous air vehicle; Altius fixed-wing drones and the Anvil quadcopter interceptor designed to neutralize hostile drones and missiles.

How much is Anduril worth?

Anduril closed its latest funding round on June 5, raising US$2.5 billion to secure a valuation of US$30.5 billion, more than double its US$14 billion value in August 2024. The company’s prominent investors include Peter Thiel’s Founders Fund, Andreessen Horowitz, General Catalyst, Lux Capital and D1 Capital Partners.

Founders Fund contributed US$1 billion in the latest round, marking its largest single investment ever.

The defense firm’s growth has been bolstered by hundreds of millions of dollars in defense contracts with the US and UK governments for surveillance towers, autonomous drones and networked defense systems. Lattice was even selected for surveillance networks by the US Space Force in 2024.

Also in 2024, Anduril, together with General Atomics, outperformed legacy defense contractors Boeing (NYSE:BA), Lockheed Martin (NYSE:LMT) and Northrop Grumman (NYSE:NOC) to win competitive contracts for the US Air Force’s Collaborative Combat Aircraft program. This program, which includes Anduril’s autonomous Fury fighter jet, aims to develop drones designed to operate alongside manned fighters like the F-35.

The Air Force began ground testing Anduril’s prototype in early 2025. As of late August, reports indicate that the drone’s flight tests are imminent or have begun, marking a significant milestone in the program

The company has also secured a US$99 million Air Force contract to advance autonomous prototyping projects through its Lattice platform and a US$100 million agreement to transform Army Next Generation Command and Control software, integrating capabilities from partners like Palantir Technologies (NASDAQ:PLTR), Microsoft and others.

Strategic technological collaborations further amplify Anduril’s capabilities.

In addition to the company’s partnership with Microsoft to develop Integrated Visual Augmentation System for the US Army, a deal valued at up to US$22 billion, Anduril also collaborates with Meta Platforms on virtual and augmented reality tools for the military, and with OpenAI to bolster AI defenses against drone attacks.

However, Anduril’s partnership with Palantir is arguably its most important. The two companies maintain a strategic and evolving alliance that enhances their respective strengths in autonomous systems and AI-driven data analytics for defense applications. In late 2024, the two companies formed a consortium to accelerate AI capabilities for national security by merging Anduril’s edge-based Lattice software platform with Palantir’s cloud-based AI platform.

This alliance, which expands to include other leading tech firms, aims to deliver cutting-edge, integrated defense solutions more efficiently and challenge traditional defense contractors.

Their joint efforts focus on integrating Palantir’s Maven Smart System with Anduril’s Lattice to enhance battlefield reconnaissance, autonomous operations and real-time AI-driven decision making.

Additionally, Anduril’s Menace edge hardware has been adopted as the preferred platform for Palantir’s deployed AI software, further solidifying their integrated ecosystem for advanced operational capabilities.

On the industrial front, Anduril announced in early 2025 a US$1 billion investment to build Arsenal-1, a large-scale drone and weapons manufacturing complex in Ohio. The company said it will create thousands of jobs and enable mass production of aerial and maritime drones that are powered by Lattice.

Internationally, Anduril’s Ghost Shark program for the Royal Australian Navy highlights its ability to rapidly translate innovation into operational capability. This AU$1.7 billion autonomous undersea vehicle initiative, moving from concept to production in less than three years, demonstrates the company’s strength in co-development and risk-sharing with government partners, delivering scalable maritime autonomy to address critical regional security challenges.

Collectively, these developments underscore Anduril’s value proposition as a leading autonomous defense tech innovator capable of outpacing traditional defense timelines, forming strategic government and industrial partnerships, and establishing manufacturing infrastructure that supports rapid scaling of innovative, AI-powered defense platforms.

How to invest in Anduril?

Currently, Anduril is a private company, and its shares aren’t listed on major stock exchanges.

This means that direct investment is generally limited to venture capital, private equity and accredited investors who access pre-initial public offering (IPO) shares through specialized marketplaces or platforms.

To qualify as an accredited investor, individuals typically must have a net worth of over US$1 million, excluding their primary home, an annual income above US$200,000 (or US$300,000 jointly) or be established financial professionals. Accredited investors may negotiate purchases with existing shareholders.

Even so, investors seeking exposure to the defense industry have a variety of options.

These include investing in publicly traded firms with exposure to the defense and AI markets, such as Palantir, Honeywell International (NASDAQ:HON), Lockheed Martin, General Dynamics (NYSE:GD), L3Harris Technologies (NYSE:LHX), Northrop Grumman, CAE (TSX:CAE,NYSE:CAE) or Boeing.

Investors may also explore thematic exchange-traded funds (ETFs) that track stocks in the robotics, AI and aerospace markets, such as the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) and the ARK Innovation ETF (ARCA:ARKK). There are also defense sector ETFs, which often include major contractors in the same innovation ecosystem as Anduril. Examples include the Invesco Aerospace & Defense ETF (ARCA:PPA), the iShares US Aerospace & Defense Index ETF (TSX:XAD) and the Global X Defense Tech ETF (ARCA:SHLD).

What’s next for Anduril and defense technology?

Demand for autonomous defense is surging amid rising global security challenges and increasing investor and government interest in advanced solutions. While Anduril’s IPO timeline likely remains a few years away, its disruptive model and high-profile contracts signal robust future growth and continued private market interest.

As always, investors should perform due diligence and consult with financial professionals before engaging in pre-IPO investments or indirect holdings.

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

This post appeared first on investingnews.com

As the robotics industry prepares for significant technological advances in artificial intelligence (AI), it’s no surprise that the top robotics stocks are gaining attention.

Chief executive officer of Hangzhou Unitree Technology, Wang Xingxing, told the World Robots Conference in Beijing in August 2025 that the industry could be about one to three years away from a breakthrough comparable to the ChatGPT moment. He also expressed optimism about the future, predicting that at least one company might develop a general-purpose robotic AI model by the end of 2025.

While these transformative AI advancements promise to reshape robotics broadly, current market data shows that the automotive industry continues to drive a large share of robotics orders. However, according to data from the Association for Advancing Automation, rapid growth in demand from the food and consumer products and life science sectors was also notable in 2024.

Surgical robots are increasingly being used in a variety of surgery types, such as cardiac and spinal, allowing for better patient outcomes.

With technological breakthroughs just on the horizon and diverse sectors driving demand, now is an opportune moment to explore the top robotics stocks poised to capitalize on this rapidly evolving industry.

10 largest robotics stocks

This list of top robotics stocks by market cap was compiled using TradingView’s stock screener. All market cap and share price information was current as of September 3, 2025.

1. NVIDIA (NASDAQ:NVDA)

Share price: US$170.62
Market cap: US$4.15 trillion

NVIDIA’s robotics business has surged ahead in 2025 with major technology releases and expanding industry partnerships, establishing it as a core infrastructure provider for robotic intelligence. Its Jetson Thor platform offers 7.5 times more compute and 3.5 times greater energy efficiency than its predecessor.

The company is driving physical AI, the fourth wave of the AI revolution, through its Cosmos model, which allows developers to train robots for diverse scenarios, a critical component to advancing autonomous vehicles and humanoid robots.

2. Tesla (NASDAQ:TSLA)

Share price: US$334.09
Market cap: US$1.08 trillion

Tesla’s robotics business is becoming increasingly central to its CEO, Elon Musk, who claims its Optimus humanoid robot will eventually become the company’s core value driver. The company is focused on developing and scaling Optimus, although its goal of producing 5,000 in 2025 is reportedly behind schedule as of July. Tesla is aiming to produce 1 million units annually by 2030.

The long-term goal is to achieve fully autonomous robots that can be deployed across manufacturing, logistics, elder care and residences, which it detailed in its Master Plan IV released in early September.

3. Thermo Fisher Scientific (NYSE:TMO)

Share price: US$484.55
Market cap: US$182.97 billion

Thermo Fisher Scientific is a medical device company that is one of the world’s most respected brands in healthcare, scientific research, safety and education. Its products and services cover a broad range of high-end analytical instruments, chemistry and consumable supplies, automated laboratory robotics and software designed primarily for medical researchers, clinicians and scientists.

In June 2025, Thermo Fisher Scientific partnered with Cellular Origins, which owns the Constellation robotic manufacturing platform, to scale up late-stage trials and commercial production of cell and gene therapies.

Outside the life science sector, the company launched the Vulcan Automated Lab in early 2025, integrating robotic sample handling, AI and advanced electron microscopy to improve semiconductor development.

4. Qualcomm (NASDAQ:QCOM)

Share price: US$157.28
Market cap: US$169.71 billion

Qualcomm’s specialty is designing and manufacturing semiconductors, software and wireless telecommunications products. In recent years, the company has devoted attention to AI-related technologies such as on-device AI, edge cloud AI and technologies that combine 5G and AI. These technologies also underlie Qualcomm’s advancements in the robotics space.

Qualcomm’s Snapdragon platform is a high-performance, low-power system-on-a-chip designed for AI, 5G connectivity and real-time processing used in a variety of sectors, including in robotics.

The Qualcomm Robotics RB6 Platform supports next-generation robotics and intelligent machines. According to the company, some applications include autonomous mobile robots, delivery robots, highly automated manufacturing robots, urban air mobility aircrafts and autonomous defense solutions.

It also has the Flight RB5 5G platform that specifically targets autonomous drones and flying robots, integrating multiple sensors, multiple cameras, 5G and Wi-Fi 6 connectivity to enable advanced navigation and AI-driven control.

5. Boston Scientific (NYSE:BSX)

Share price: US$107.53
Market cap: US$159.33 billion

Boston Scientific is a medical device company leading in cardiac and electrophysiology robotics and advanced ablation systems.

Its OPAL HDx mapping systems allow physicians to precisely navigate within the heart through 3D mapping, position tracking and more. It employs the company’s FARAPULSE Pulsed Field Ablation system, which generated over US$1 billion in revenue in its first year and now holds expanded US Food and Drug Administration (FDA) approval for both pulmonary vein and posterior wall ablation.

Strategic acquisitions since 2024 include Silk Road Medical, Axonics, Bolt Medical and SoniVie, giving the company access to a wealth of product offerings to address patient needs and create new revenue streams.

6. Intuitive Surgical (NASDAQ:ISRG)

Share price: US$441.18
Market cap: US$158.15 billion

A leader in surgical robotics, Intuitive Surgical is the company behind the da Vinci minimally invasive surgical system. The original da Vinci system gained FDA approval in 2000, making it the first completely robotic surgical system to receive clearance from the FDA.

Intuitive Surgical now provides a suite of its da Vinci robotics-assisted surgical systems to doctors and hospitals, and they are used by surgeons across all 50 US states and 72 countries around the world.

New products, including the Ion robot for lung biopsies and the SureForm SP stapler, are experiencing unprecedented growth. Their AI-driven features contribute to reducing error rates and enhancing outcomes.

7. Stryker (NYSE:SYK)

Share price: US$388.56
Market cap: US$148.55 billion

Stryker is another leading medical technology company. It develops medical equipment, instruments and surgical robotics for healthcare systems worldwide. Its surgical robotics systems incorporate health data and AI to improve health outcomes for patients.

Stryker’s Mako 4 robotic arm system for assisted joint replacement surgery can be used in partial knee, total knee, hip and spine surgeries, and a version for shoulder surgeries was recently introduced. The company showcased an upgrade to its Mako Total Hip system during the American Academy of Orthopaedic Surgeons’ 2025 Annual Meeting in San Diego in March.

Stryker launched Ortho Q Guidance, its surgical guidance system for knee and hip procedures, in July 2023. The platform can be integrated into robotics technology.

8. Honeywell International (NASDAQ:HON)

Share price: US$214.00
Market cap: US$135.87 billion

Engineering and technology company Honeywell International develops and manufactures technological solutions for a variety of sectors, including energy, security, safety, productivity and global urbanization. Its four business divisions are: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions.

For more than a quarter century, Honeywell’s smart robotics technologies, including autonomous mobile robots and order-picking AI-powered robots, have provided warehouse automation solutions targeting transport, order picking, palletizing and depalletizing.

In 2025, Honeywell announced a strategic partnership with Teradyne Robotics, a division of Teradyne (NASDAQ:TER), to deliver end-to-end automation solutions using Teradyne’s autonomous mobile robots and collaborative robots and Honeywell’s software.

9. Medtronic (NYSE:MDT)

Share price: US$92.25
Market cap: US$118.33 billion

Medtronic is one of the largest medical device manufacturing companies in the world. The firm’s technologies include cardiac devices, surgical robotics, insulin pumps, surgical tools and patient monitoring systems.

Medtronic’s Hugo robotic-assisted surgery system is a modular platform with four independent robotic arms, designed to improve precision, flexibility and surgeon ergonomics in minimally invasive soft tissue surgeries like urology and gynecology.

It features 3D high-definition visualization, advanced AI-powered analytics and an open console for better surgeon communication. Hugo offers a cost-effective and adaptable alternative to traditional systems and has been commercially used in North America since 2023.

10. Texas Instruments (NASDAQ:TXN)

Share price: US$195.74
Market cap: US$4.78 billion

Texas Instruments is a leading semiconductor manufacturer whose robotics business focuses on supplying high-precision analog chips, sensors, embedded processors and motor control solutions for industrial automation, factory robots, automotive robotics and smart devices.

Texas Instruments partnered with KUKA in April 2025 to jointly advance next-generation industrial robotics. The collaboration focuses on integrating TI’s precision analog sensors and real-time motor control chips into KUKA’s robot arms and automation platforms, resulting in safer, more energy-efficient and adaptive robots for smart factories and logistics.

FAQs for robotics stocks

What is robotics?

In simple terms, robotics is defined as the branch of technology that deals with the design, construction, operation and application of robots. The field has subsets such as automation and AI.

Both automation and robotics have been used interchangeably, but these terms have certain differences. Automation is the process of using technology to carry out specific tasks, and not all robots are designed for automation. That said, most robots are, especially those with industrial uses.

What are the five major fields of robotics?

The five major fields of robotics are: operator interface, mobility, manipulator and effectors, programming and sensing and perception.

Operator interface is better described as human-robot interface — it’s the means by which humans can communicate commands to a robot. This might be in the form of a touchscreen on a control panel.

Mobility refers to the ability of a robot to move in its environment, while manipulators and effectors allow the robot to interact with its environment. Think of an autonomous mobile robot moving around a warehouse to stack inventory on a pallet. For its part, programming involves the language used to communicate commands to the robot.

Meanwhile, sensing and perception allows the robot to acquire information about its environment and perform tasks based on that information. This is important for autonomous vehicle technology.

How can I invest in robotics?

For investors looking to enter the robotics sector, large companies like the ones listed above may be a good place to start. Those with a broader approach who would rather put their money into the sector as a whole rather than in a single company may want to consider exchange-traded funds focused on robotics.

Is Boston Dynamics public?

Boston Dynamics is a private mobile robotics engineering firm that specializes in building robots and software for human simulation. Originally part of the Massachusetts Institute of Technology, Boston Dynamics is held by Hyundai (80 percent) and Softbank Group (TSE:9984) (20 percent).

Can I buy stock in Miso Robotics?

Miso Robotics is a privately held company, which means it is not listed on any stock exchange. The company develops and manufactures AI-driven robots, including automatic fry cook Flippy, that help restaurants with food preparation.

Water, hygiene and infection prevention company Ecolab (NYSE:ECL) has partnered with Miso Robotics “to explore new opportunities to enhance food safety, hygiene, and efficiency in the food industry through automation and digital solutions.”

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

This post appeared first on investingnews.com

Terra Clean Energy CORP. (‘ Terra ‘ or the ‘ Company ‘) (CSE: TCEC,OTC:TCEFF, OTCQB: TCEFF FSE: 9O0) is pleased to announce terms to acquire up to a 100% interest in 75 uranium claims in Emery County, Utah, United States.

Transaction Highlights

  • Nine Past Producing Uranium mines covered on the Claims having produced several hundred thousand tons of ore grading up to 1% U308
  • Visible Uranium, Vanadium, Copper and Cobalt at Surface with numerous uranium readings up to 21,000 CPS equating to grades .22% U308
  • Close Proximity to major roads with good year round access, power and a uranium mill located within a 75 mile drive
  • Strong Government support for nuclear power and uranium mining projects and a stated objective to reduce reliance on foreign nuclear fuel
  • Staged earn-in allows the company to optimize exploration programs
  • Provides Terra shareholders exposure to two North American assets both with near surface Uranium opportunities in low-risk jurisdictions

Greg Cameron stated ‘One of my stated goals with Terra was to add another low-risk uranium project to the Company and this transaction does just that. Having toured the properties with our VP Exploration, it is clear from the moment you arrive you are in a uranium district with many old workings, adits, shafts and old infrastructure. I am excited to see work begin this fall and believe there to be a clear path to add significant value for our shareholders.’

Rationale Behind the Acquisition

Green Vein Mesa and Wheal Anne Claims offer exposure to uranium projects in the USA with excellent upside in a significant historical uranium district. Terra has made a strategic decision to acquire the Green Vein Mesa and Wheal Anne Claims due to the belief there is more minable uranium present. It is important to note that the encompassing claims have a production history. Both sets of claims are in ideal locations, situated near main roads, secondary roads and have access to power and water sources. In the past, mining operations focused on ore found at or near surface. The process of oxidation led to the formation of various secondary uranium minerals. The Trump Administration has recently enacted historic policies designed to accelerate nuclear power and uranium mining activity in the country’

‘This initial project in San Rafael Swell offers significant upside as it is clear that these old mines were abandoned in the 1970’s due to a uranium market collapse not because they ran out of uranium to mine,’ stated Greg Cameron, CEO of Terra. ‘We believe strongly that we can expand on the previous work through modern exploration technologies like 3D modelling’  added Trevor Perkins VP Exploration.

Project Overview

The San Rafael Swell is a large, uplifted, doubly-plunging anticline in east-central Utah and the Swell forms part of, but contrasts with the surrounding flat-lying rocks, of the Colorado Plateau, a significant uranium mining district in the Western United States. Historical uranium production was undertaken in the region between the late 1940’s into the 1970’s.  No significant work has been completed in the region in the past 50 years.

The rocks in the San Rafael Swell are predominately sedimentary (Pennsylvanian through Cretaceous), including Triassic and Jurassic formations that are known to host uranium. The project area is underlain by Triassic aged sedimentary rocks of the Moenkopi and Chinle formations. The Chinle outcrops in a continuous belt around the San Rafael Swell and on isolated buttes through the center of the swell. It is widely believed that volcanic ash is the source of uranium for many deposits in the swell. All existing mines and prospects in the Chinle are in the lower, bentonitic part of the Chinle in channel-fill sandstone and surrounding siltstones of the lower Chinle Formation. .  In the Green Vein Mesa area these occur as scour channel fill at the contact with the underlying Moenkopi Formation.

The project is separated into two claim groups 10 km apart. The Wheal Anne Claim Group is the southwest of the two and encompasses approximately 130 hectares covering the former producing Lucky Strike Mine and related uranium occurrences. The Lucky Strike Mine was discovered in 1949 and produced more than 10,000 tons of ore grading 0.22% U 3 O 8 and 0.09% V 2 O 5 . 1

The Green Vein Mesa Claim Group to the northeast encompasses approximately 300 hectares and covers the former producing Payday Mine, Hertz Mine, and Green Vein group of mines. Production numbers for these mines were not located, however the Hertz Mine reportedly had local samples up to 1% U 3 O 8 . 2

A map of a desert with red stars AI-generated content may be incorrect.

Figure 1:  Map of the San Rafael Swell from the Utah Geological Survey. The Wheal Anne and Green Vein Mesa Claim Group locations are shown by the red stars.

Please click to view image

A map of a desert AI-generated content may be incorrect.

Figure 2:  Overview of the Wheal Anne (West)and Green Vein Mesa (East) Claim Groups

Please click to view image

A satellite image of a mountain range AI-generated content may be incorrect.

Figure 3:  The Wheal Anne Claim Group, covering the historical Lucky Strike and Commonwealth Uranium Mines and showings.
Please click to view image

A map of a mountain range AI-generated content may be incorrect.

Figure 4:  The Green Vein Mesa Claim Group, covering the historical Payday, Hertz, Green Vein Group, and Green Vein #5 Uranium Mines.
Please click to view image

A hand holding a device AI-generated content may be incorrect.

Figure 5: Uraninite vein near the Payday Mine workings.
Please click to view image

A wooden structure on a hill AI-generated content may be incorrect.

Figure 6: Green Vein Group Mine workings and ore chute.
Please click to view image

Transaction Overview

To earn its respective interests in each of the Wheal Anne Claims and the Green Vein Mesa, the Company would be required to make the following cash payments, common share issuances and incur exploration expenditures on the respective claims as follows:

Wheal Anne Claims

Cash Payment Share Issuance Exploration Expenditures
To earn a 20% interest USD$20,000 on execution of definitive agreement 500,000 common shares within five business days of the execution of definitive agreement Incur USD$100,000 in expenditures on or before the 1 st year anniversary of the execution of definitive agreement
To earn a 40% interest Additional USD$33,333 on or before the 1 st year anniversary of the execution of definitive agreement Additional 500,000 common shares on or before the 1 st year anniversary of the execution of definitive agreement Incur additional USD$33,333 in expenditures on or before the 2 nd year anniversary of the execution of definitive agreement
To earn a 60% interest Additional USD$46,666 on or before the 2 nd year anniversary of the execution of definitive agreement Additional 500,000 common shares on or before the 2 nd year anniversary of the execution of definitive agreement Incur additional USD$33,333 in expenditures on or before the 3 rd year anniversary of the execution of definitive agreement
To earn an 80% interest Additional USD$60,000 on or before the 3 rd year anniversary of the execution of definitive agreement Additional 500,000 common shares on or before the 3 rd year anniversary of the execution of definitive agreement Incur additional USD$33,334 in expenditures on or before the 4 th year anniversary of the execution of definitive agreement
To earn a 100% interest Additional USD$73,333 on or before the 4 th year anniversary of the execution of definitive agreement Additional 500,000 common shares on or before the 4 th year anniversary of the execution of definitive agreement Incur additional USD$33,333 in expenditures on or before the 5 th year anniversary of the execution of definitive agreement

** Subject to the retention by the Vendors of a two percent (2%) net royalty on the Wheal Anne Claims (the ‘ Wheal Anne Royalty ‘), with Terra Clean having the option to purchase fifty percent (50%) of the Wheal Anne Royalty at any time by making a total cash payment to the Vendors in the amount of USD$666,666.

Green Vein Mesa Claims

Cash Payment Share Issuance Exploration Expenditures
To earn a 20% interest USD$10,000 on execution of definitive agreement 250,000 common shares within five business days of the execution of definitive agreement Incur USD$50,000 in expenditures on or before the 1 st year anniversary of the execution of definitive agreement
To earn a 40% interest Additional USD$16,667 on or before the 1 st year anniversary of the execution of definitive agreement Additional 250,000 common shares on or before the 1 st year anniversary of the execution of definitive agreement Incur additional USD$13,334 in expenditures on or before the 2 nd year anniversary of the execution of definitive agreement
To earn a 60% interest Additional USD$23,334 on or before the 2 nd year anniversary of the execution of definitive agreement Additional 250,000 common shares on or before the 2 nd year anniversary of the execution of definitive agreement Incur additional USD$13,334 in expenditures on or before the 3 rd year anniversary of the execution of definitive agreement
To earn an 80% interest Additional USD$30,000 on or before the 3 rd year anniversary of the execution of definitive agreement Additional 250,000 common shares on or before the 3 rd year anniversary of the execution of definitive agreement Incur additional USD$13,334 in expenditures on or before the 4 th year anniversary of the execution of definitive agreement
To earn a 100% interest Additional USD$36,667 on or before the 4 th year anniversary of the execution of definitive agreement Additional 250,000 common shares on or before the 4 th year anniversary of the execution of definitive agreement Incur additional USD$13,334 in expenditures on or before the 5 th year anniversary of the execution of definitive agreement

**  Subject to the retention by the Vendors of a two percent (2%) net royalty on the Green Vein Mesa Claims (the ‘ Green Vein Royalty ‘), with Terra Clean having the option to purchase fifty percent (50%) of the Green Vein Royalty at any time by making a total cash payment to the Vendors in the amount of USD$333,334.

The agreements to acquire an interest in each of the Wheal Anne Claims and the Green Vein Mesa Claims remains subject to the receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange.

All securities issued in connection with these agreements would be subject to a four-month plus one day hold period from the date of issuance in accordance with applicable securities laws.

About Terra Clean Energy Corp.

Terra Clean Energy is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project within the Fraser Lakes B Uranium Deposit, located in the Athabasca Basin region, Saskatchewan, Canada as well as developing past producing Uranium mines in the San Rafael Swell Emery County, Utah, United States

ON BEHALF OF THE BOARD OF Terra Clean Energy CORP.

‘Greg Cameron’
Greg Cameron, CEO

Qualified Person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved on behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President, Exploration, and a Qualified Person as defined by National Instrument 43-101.

* The historical results, production, and interpretation described here in have not been verified and are extracted from US Geological Survey reports.  The Company has not completed sufficient work to confirm and validate any of the historical data contained in this news release. The historical work does not meet NI 43-101 standards.  The Company considers the historical work a reliable indication of the potential of the San Rafael Swell and the information may be of assistance to readers.  Information collected during a site visit in September 2025 was collected using an RS-225 ‘Super-Spec’ Spectrometer manufactured, inspected and calibrated in 2025.

Forward-Looking Information

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and general economic and political conditions. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary approvals, including governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by applicable laws. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the Company’s public filings available under the Company’s profile at www.sedarplus.ca .

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

For further information please contact:

Greg Cameron, CEO
info@tcec.energy

Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy

1 Source:  U.S. Geological Survey Bulletin 1239, 1968, Geology, Altered Rocks and Ore Deposits of The San Rafael Swell, Emery County, Utah, By C.C. Hawley, R. C. Robeck and H.B. Dyer.
2 Source:  U.S. Geological Survey Bulletin 1239, 1968, Geology, Altered Rocks and Ore Deposits of The San Rafael Swell, Emery County, Utah, By C.C. Hawley, R. C. Robeck and H.B. Dyer.

 

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Investor Insight

With a data-driven exploration strategy, Earthwise Minerals is an emerging gold exploration company with significant upside potential in a tier-one Canadian jurisdiction. The company is advancing the Iron Range gold project in southeastern British Columbia, a district-scale land package with geological analogues to some of North America’s most prolific polymetallic systems.

Overview

Earthwise Minerals (CSE: WISE | FSE: 966) is a Vancouver-based exploration company advancing the fully permitted Iron Range Gold Project in southeastern British Columbia. The project benefits from a multi-year exploration and drilling permit that provides flexibility for efficient advancement. With a history of significant gold discoveries and more than $8 million in historic exploration work, Iron Range represents the company’s primary focus and a district-scale opportunity in a tier-one jurisdiction.

Iron range property looking from Talon Zone area towards Arrow Creek

Earthwise Minerals is pursuing a measured growth strategy that blends investor outreach with disciplined exploration. By integrating over $8 million of historic data with modern techniques, the company is advancing the Iron Range Gold Project efficiently and cost-effectively. A staged four-year option agreement provides a low-entry framework for exploration and supports a clear path toward drilling.

Company Highlights

  • Tight Capital Structure: Only 37.2 million shares fully diluted, providing strong leverage to exploration success without heavy dilution
  • Flagship Iron Range Gold Project: District-scale property covering 21,437 hectares, strategically located along the Iron Mountain Fault Zone, within the same stratigraphy as the legendary Sullivan SEDEX deposit
  • Strong Geological Foundation: Over $8 million of historical exploration, including geophysics, geochemistry, and drilling, provides a data-rich base for new high-impact targeting
  • Low-cost Option Agreement: Earthwise can earn up to 80 percent of Iron Range from Eagle Plains Resources through staged payments and exploration commitments totaling $4 million over four years
  • World-class Infrastructure: The project is road accessible, bisected by Highway 3 and Canadian Pacific rail, with nearby power, natural gas and water resources
  • Proven Leadership: CEO Mark Luchinski and VP exploration George Yordanov bring capital markets expertise and technical discovery experience, supported by a well-rounded board with financial and digital strategy capabilities

Key Project

Iron Range Gold Project

The Iron Range Gold Project is Earthwise Minerals’ flagship asset, covering 21,437 hectares in southeastern British Columbia, just northeast of Creston. The property is underlain by the Iron Mountain Fault Zone (IMFZ), a major regional structure within the Purcell Supergroup that also hosts the world-class Sullivan SEDEX deposit. Earthwise controls more than 50 kilometres of strike length along the IMFZ and associated splays. The project benefits from excellent infrastructure, with Highway 3 crossing the property, Canadian Pacific rail access, and nearby BC Hydro power, natural gas, and water. Exploration is further supported by a multi-year area-based (MYAB) permit, allowing trenching, geophysics, road access, and drilling without the need for annual approvals.

A robust exploration dataset underpins the project. A 2004 VTEM survey outlined conductivity trends coincident with the IMFZ, while systematic soil geochemistry defined multi-element anomalies (arsenic, lead, zinc, and gold), including “Sullivan-style” lead-zinc responses within the Lower–Middle Aldridge Contact — a stratigraphic horizon strongly associated with SEDEX mineralization. Induced polarization (IP) surveys completed in 2017 identified a down-plunge chargeability anomaly at the Talon/Canyon Zone. Follow-up drilling in 2018 confirmed this target, returning mineralized intercepts consistent with the geophysical model and demonstrating continuity beneath surface anomalies.

Mineralization styles at Iron Range are polymetallic and diverse, including intermediate-sulphidation epithermal systems with alteration assemblages of silica, K-feldspar, sericite, and carbonate. Mineralization occurs within brittle shear and breccia zones ranging from one metre to several tens of metres wide, spatially associated with the IMFZ and concentrated within approximately 150 metres of the LMC.

Historic drilling at the Talon/Canyon Zone has returned broad and high-grade intercepts, including:

  • 56.5 m grading 1.9 g/t gold, 0.44% lead, 0.59% zinc, and 19.7 g/t silver
  • 14.0 m grading 5.1 g/t gold, 1.86% lead, 2.1% zinc, and 75.3 g/t silver
  • 2.0 m grading 12.8 g/t gold, 4.18% lead, 5.06% zinc, and 122.5 g/t silver (drill hole IR10-010)

Mineralization remains open along strike and at depth, with overlapping geophysical and geochemical vectors indicating potential for parallel or offset mineralized shoots. Earthwise’s 2025 exploration program is focused on detailed structural mapping, systematic geochemical sampling, and expanded IP surveys to refine 3D chargeability and resistivity models, helping to de-risk future drill targeting. A Phase 1 drill campaign (~2,500 metres) is scheduled for 2026 to test down-plunge extensions of the Talon/Canyon Zone and evaluate additional parallel structures.

Under the option agreement with Eagle Plains Resources, Earthwise can earn a 70 percent interest over four years through staged cash, share and exploration commitments. An additional 10 percent interest (to 80 percent) can be acquired for a $1-million cash payment within 120 days of vesting at 70 percent. Eagle Plains retains a 1 percent NSR on part of the property. This represents a low-cost entry relative to the more than $8 million of historical work already completed, allowing Earthwise to direct capital toward geophysics and drilling rather than re-establishing baseline exploration.

The emphasis on geophysics is strategic. In structurally complex belts where mineralization occurs in breccia, veins and disseminated sulphides, IP surveys are a proven, cost-effective discriminator. They can identify disseminated to semi-massive sulphides, distinguish mineralized from barren host rocks, and provide depth slices for 3D geological modelling. When integrated with legacy VTEM, geochemical surveys and drill data, modern IP provides the most efficient pathway to precise, high-value drilling designed to answer key questions of geometry, grade distribution and vectoring within the system.

Management Team

Mark Luchinski – Chief Executive Officer

Mark Luchinski is a seasoned entrepreneur and capital markets specialist with two decades of experience managing public companies and advancing exploration projects. He has guided multiple firms through financing, acquisitions, exploration and public listings. In addition to Earthwise, he serves as a director of Aeonian Resources.

George Yordanov – VP Exploration and Director

A professional geologist and NI 43-101 qualified person with over 15 years of exploration experience, George Yordanov has contributed to grassroots discoveries with Osisko Mining, Sumitomo Metal and Dundee Precious Metals, bringing expertise across gold, base metals and lithium exploration.

Solomon Kasirye – Director

Solomon Kasirye is a registered geoscientist with over a decade of experience across resource estimation, exploration, mine geology and commodity research. He is the managing director of SoloCore Solutions and holds advanced degrees in Metal & Energy Finance (Imperial College London) and Mineral Resource Management (University of Free State)

Mateo Arcila – Director

An engineer with 10+ years of business development and digital strategy experience, Mateo Arcila leads Earthwise’s corporate outreach, digital presence and capital markets engagement. His background spans marketing, big data analytics and international business

Ikavinder Deol – Chief Financial Officer

Ikavinder Deol is CPA with over six years of experience in financial reporting and regulatory compliance for junior mining companies. She is also with Cross Davis & Company, specializing in IFRS reporting for resource companies

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The federal trial of Ryan Routh, accused of attempting to assassinate President Donald Trump as he played golf in September 2024, resumes Tuesday with more FBI forensic experts scheduled to testify.

On Monday, jurors heard FBI Firearms and Toolmarks Examiner Erich Smith, who alleged the rifle found near the sixth hole of Trump International Golf Club was a Chinese-made Norinco SKS. Smith said the weapon was ‘in working condition’ when recovered, test-fired successfully at the FBI lab and was configured with a round in the chamber and the safety off — meaning it was ‘prepared to fire.’ 

He also testified the rifle’s serial number had been ‘obliterated in several places’ but could be partially restored.

Smith showed jurors the 7.62×39 mm full metal jacket rounds loaded in the rifle. 

‘Bullets are designed to put holes in things,’ he said. ‘It would have put a hole in something if it had hit the target.’

Routh, representing himself, cross-examined Smith about whether all SKS rifles are semi-automatic, whether test-firings were videotaped and whether the gun could have changed hands at a gun show before he obtained it. 

‘So, we’re just supposed to take your word for it? Routh asked Smith. 

Smith replied: ‘That’s what happened.’ 

Trump-appointed Judge Aileen Cannon sustained prosecution objections when Routh strayed beyond the scope of testimony. 

The court also heard from FBI biologist Curtis Gaul, who testified about collecting potential DNA samples from the rifle grip, a glove, zip ties and other items found. Routh cross-examined briefly, asking where the glove was found and whether Gaul knew who removed the rifle’s scope.

Cannon cut off questioning several times, urging both prosecutors and Routh to keep examinations moving. 

Jurors appeared confused during parts of Gaul’s testimony, as prosecutors referenced exhibit numbers without always displaying them. Meanwhile, Routh was seen leaning forward, taking notes and staring intently when fingerprints reportedly matching his own were displayed on a screen.

When court resumes Tuesday morning, prosecutors are expected to call FBI biologist Kara Gregor, followed by additional FBI specialists in digital forensics and supervisory roles as they continue building their case against Routh.


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House Minority Leader Hakeem Jeffries, D-N.Y., shared just a brief four-word response when a reporter asked him on Tuesday why he missed a congressional vigil for Charlie Kirk.

‘I had a meeting,’ Jeffries said when the matter was broached during his afternoon press conference.

House Speaker Mike Johnson, R-La., announced on Monday that Congress would hold a vigil later that evening to honor the conservative activist.

Kirk was assassinated last week when a gunman opened fire on him during a college campus speaking event in Utah.

Fox News Digital witnessed just a handful of House Democrats at the vigil, side by side with dozens of Republican lawmakers.

When asked why more Democrats did not attend, Jeffries said Tuesday, ‘I don’t know.’

‘I guess you’d have to talk to the individual Democrats as to what else was going on and why they were present or why they weren’t present,’ he said.

The vigil was held in the U.S. Capitol’s Statuary Hall in the 6 p.m. hour on Monday evening.

Democratic lawmakers who attended include Reps. Tom Suozzi, D-N.Y., Marie Gluesenkamp Perez, D-Wash., John Larson, D-Conn., Jimmy Panetta, D-Calif., Debbie Dingell, D-Mich., Chris Pappas, D-N.H., and Don Davis, D-N.C.

Notably absent were the top four House Democrats in senior leadership, including Jeffries.

Johnson, however, downplayed the lack of Democratic attendance in comments to reporters on Monday.

‘I honestly did not even see the composition of the group,’ he said when asked if he was disappointed in the number of Democrats who showed up.

‘I’m glad it was bipartisan, and I wish more had participated, and I’m not sure why they didn’t. So I don’t know what else we can do other than offer an all-member bipartisan vigil. And we’ve done that routinely for other things.’

Fox News’ Kelly Phares and Fox News Radio’s Ryan Schmelz contributed to this report.


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U.S. Attorney General Pam Bondi faced a torrent of criticism online Tuesday after she suggested in two separate interviews that the Justice Department would ‘absolutely target’ hate speech in the wake of Charlie Kirk’s shooting death — sparking intense backlash from Republicans and other conservatives and prompting her to further clarify her remarks.

Bondi attempted to bridge the divide between her remarks and what she called hate speech that leads to threats in a lengthy social media post Tuesday.

‘Hate speech that crosses the line into threats of violence is NOT protected by the First Amendment,’ Bondi said, citing three U.S. laws that criminalize threats of direct violence, such as threats of kidnapping or injury. ‘It’s a crime.’ 

‘For far too long, we’ve watched the radical left normalize threats, call for assassinations, and cheer on political violence. That era is over,’ she said, adding that ‘free speech protects ideas, debate, even dissent but it does NOT and will NEVER protect violence.’

Bondi’s remarks, made during a ‘The Katie Miller Podcast’ interview and in an interview with Fox News’ Sean Hannity during conversations about the fatal shooting of Kirk, prompted backlash across the aisle, though it was conservative voices who were the loudest. Many noted that Kirk, the Turning Point USA founder and subject of the interviews, was himself a vociferous defender of free speech protections under the First Amendment, which protects most forms of speech in the U.S., including offensive and hateful speech.

Many also appeared to view the new statement as insufficient cover for Bondi’s previous remarks. 

‘This isn’t a correction or a retraction or a retreat; it’s a post hoc attempt to bend the term ‘hate speech’ to mean something that it never has,’ Charles C.W. Cooke, a senior editor at the National Review, said on social media.

Nearly 24 hours after Bondi’s remarks, the criticism has continued — nearly all of it from Republicans and other notable conservative voices.

Bondi came under fire for the two interviews Monday, neither of which distinguished the type of speech that threatened imminent violence from hate speech.

 ‘There’s free speech and then there’s hate speech,’ Bondi said Monday in an interview with former Trump administration aide and podcast host Katie Miller.

.’We will absolutely target you, go after you, if you are targeting anyone with hate speech,’ Bondi said.

In a separate interview on Fox News, Bondi reiterated a similar sentiment, suggesting that the government could prosecute Office Depot after an employee reportedly refused to print posters with Kirk’s face on them.

She said further that the department was ‘looking at’ the Office Depot case in question.

‘Businesses cannot discriminate,’ Bondi said on Fox News. ‘If you want to go in and print posters with Charlie’s pictures on them for a vigil, you have to let them do that. We can prosecute you for that.’

‘I have Harmeet Dhillon right now in our Civil Rights unit looking at that immediately, that Office Depot had done that,’ she said of the Office Depot employee in question. ‘We’re looking it up,’ she said.

Most of the criticism that poured in Tuesday was from Republicans, who noted that Bondi’s remarks are a flagrant violation of free speech protections guaranteed under the U.S. Constitution.

They are also, some noted, directly at odds with the views famously espoused by Kirk.

‘Hate speech’ is a hopelessly subjective term, and even if it weren’t, there is no hate-speech exception to the First Amendment,’ said Ed Whelan, a conservative legal expert who formerly clerked for the late Supreme Court Justice Antonin Scalia.

‘I’m sorry, but this is the sort of leftwing progressivism that conservatives, including Charlie Kirk, abhorred,’ Erick Erickson said on X. ‘We stand with Jack Philips, not against him.’

Asked by ABC News’s Jon Karl to respond to Bondi’s remarks on Tuesday, Trump declined to clarify, and instead floated the idea of going after Karl’s outlet, albeit in a joking tone.

‘We’ll probably go after people like you, because you treat me so unfairly,’ Trump said.


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Jurors in the federal trial of Ryan Routh — accused of attempting to assassinate President Donald Trump at his West Palm Beach golf club in 2024 — heard new evidence Tuesday from FBI digital and DNA specialists, including alleged text messages blasting Trump and lab results tying Routh’s DNA to key items.

Routh’s witness list also narrowed. Before jurors entered, Routh, who is representing himself in the trial, told the court, ‘As far as I’m concerned, we’re going to exclude my son,’ confirming he will not call Oran Routh, who is in separate federal custody, as a witness. Judge Aileen Cannon noted he could not revisit that decision later.

Judge Cannon cut off both prosecutors and Routh multiple times Tuesday, at one point asking, ‘How much longer is this going to take?’ She also reminded Routh to stop interrupting. When he complained, ‘I don’t have hot water and can’t shower … I won’t shower for a month,’ Cannon told him there were ‘proper administrative procedures … not piecemeal, as you have grown accustomed to.’

FBI Digital forensic examiner Jerry Llanes testified Tuesday for U.S. prosecutors that a Samsung phone recovered from Routh’s black Nissan Xterra had WhatsApp messages that included a Feb. 3, 2024, exchange with a contact saved as ‘Chinese hero to fight.’

‘I know it’s very different… I think Kennedy was killed from a hill… Certainly not an easy task. If I can help, just let me know what to do,’ Routh wrote.

In another chain with someone listed as ‘Ben,’ Routh texted: ‘What do you think of Trump?’ 

Ben replied: ‘Not a fan.’ 

‘I hate him,’ Routh responded. ‘Shan’t get elected again.’

And in a WhatsApp thread with ‘Captain Talk Recruiting,’ Routh said: ‘I think Trump will be a big problem for Ukraine … For sure, what an idiot. He needs to go away. He cancelled the [Joint Comprehensive Plan of Action] for Iran. What an idiot. I hate him.’

From another device, Llanes described images showing flight searches from Miami to Mexico and Bogotá, Colombia, and a photo that ‘appears to be a rifle tied to a tree.’

FBI DNA examiner Kara Gregor additionally testified that Routh’s DNA was strongly linked to the rifle grip, a reddish-brown bag, a zip tie, a bungee cord and a glove. On the rifle, she said the DNA evidence was ‘250 centillion times more likely if the contributors were Routh and two unknown individuals than if the contributors were three unknown individuals.’

Routh challenged her on cross-examination with sarcasm: ‘Did you test a Colt .45 case? A golf tee? A blue flashlight? How about a Sunny D?’ 

Gregor responded that many of those items were not tested, or she could not recall.

The trial, moving quickly due to Routh’s quick cross examinations, continues Wednesday with more forensic experts expected. U.S. prosecutors are expected to wrap up presenting their case by Friday and Routh will bring his witnesses to the stand next week.


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Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) (‘Revolve‘ or the ‘Company‘), a North American owner, operator and developer of renewable energy projects, is pleased to announce that its wholly-owned subsidiary, Revolve Meadows Solar GP Inc., has received Power Plant Approval (Decision 29985-D01-2025) from the Alberta Utilities Commission (the ‘AUC’) for the 15.7 MW Bright Meadows Solar Project (‘Bright Meadows Project’).

Located in in the County of Wetaskiwin, Alberta, approximately 80 km south of Edmonton, the Bright Meadows Project is a 15.7 MW solar power project that will generate enough renewable electricity to power more than 3,700 homes once operational. The project incorporates agrivoltaics to optimize solar energy production while preserving the agricultural value of the land. This innovative model minimizes land impact and supports long-term sustainability for rural communities.

‘AUC approval is the key regulatory permit required for the Bright Meadows Solar Project and we are now moving forward on the final interconnection and construction planning for this project,’ said CEO Myke Clark. ‘Revolve would like to thank the County of Wetaskiwin, the local community and our partners for their support through the AUC process. As we move through final design and construction planning, we remain committed to delivering positive benefits to the local community.’

Along with the 6 MW Box Springs Wind Farm, the Bright Meadows Project will be Revolve’s second operational asset in Alberta and is a key component in Revolve’s growing portfolio of utility-scale projects being developed in Canada. This milestone allows Revolve to construct and operate the project, pending final interconnection approval and local permit requirements.

With this key AUC approval secured, Revolve will now advance the project with the goal of beginning construction in 2026. Key upcoming milestones include:

  • Launch of Phase 1 of the geotechnical campaign to assess site soil conditions, followed closely by the more detailed Phase 2 geotechnical campaign.
  • Initiation of a Request for Proposals to select a construction partner.
  • Commencement of the process to secure a Power Purchase Agreement and project financing.
  • Financial forecast. Revolve intends to build, own and operate the Bright Meadows Project, which, once operational, will substantially enhance the revenue and cashflow profile of the Company. Once fully commissioned, the Project is expected to generate annualized revenue in the range of C$2.8m to C$3.2m and EBITDA of between C$2.5m to C$2.8m. The Company intends to update these forecasts closer to construction commencing and as the commercial arrangements for the sale of electricity from the project are finalized. Construction on the Bright Meadows Project is targeted for the second half of 2026, with revenue generation commencing at commercial operation, which is targeted by the end of 2026.

The Bright Meadows Project is one of Revolve’s largest late-stage development assets and is expected to contribute meaningfully to the Company’s revenue-generating portfolio upon completion. Its approval reinforces Revolve’s strategy of focusing on mid-size renewable energy assets that benefit from a faster development cycle and potential ease of interconnection. This model positions the Company for continued growth in Alberta and across North America.

‘Revolve is actively expanding its presence in Canadian provinces with strong renewable energy potential. In parallel, the Company continues to evaluate and pursue additional utility-scale opportunities across North America, leveraging its proven development expertise to build a diversified and resilient portfolio of clean energy assets,’ concluded Clark.

For further information contact:
Myke Clark, CEO
IR@revolve-renewablepower.com
778-372-8499

About Revolve

Revolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico. Revolve also installs and operates sub 20MW ‘behind the meter’ distributed generation (or ‘DG’) assets. Revolve’s portfolio includes the following:

  • Operating Assets: 12 MW (net) of operating assets under long term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation.
  • Development: a diverse portfolio of utility scale development projects across the US, Canada and Mexico with a combined capacity of over 3,000MWs as well as a 140MW+ distributed generation portfolio that is under development.

Revolve has an accomplished management team with a demonstrated track record of taking projects from ‘greenfield’ through to ‘ready to build’ status and successfully concluding project sales to large operators of utility-scale renewable energy projects. To-date, Revolve has developed and sold over 1,550MW of projects.

Non-IFRS Measures

This press release refers to certain non-IFRS measures including Earnings before Interest, Taxes, Depreciation and Amortization (‘EBITDA’). Non-IFRS measures and industry metrics do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management’s perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. The term EBITDA consists of net loss or gain and excludes interest, taxes, depreciation and amortization. The most directly comparable measure to EBITDA calculated in accordance with IFRS is net gain or net loss. The term EBITDA margin consists of the percentage of net loss or gain and excludes interest, taxes, depreciation and amortization. These measures, have limitations, and are provided in addition to, and not as an alternative for, and should be read in conjunction with, the information contained in our financial statements prepared in accordance with GAAP (including the notes), included in our filings on SEDAR+ at sedarplus.ca and posted on our website.

Financial Projections

The Company’s financial projections are inherently speculative and may prove to be inaccurate. Any financial projections provided in this press release have been prepared in good faith based upon the estimates and assumptions considered reasonable by management. However, projections are no more than estimates of possible events and should not be relied upon to predict the results that the Company may attain. Future oriented financial information in this press release includes statements with respect to forecasted revenues and EBITDA that are expected to be generated by the Project. There is a risk that the assumptions related to these revenue and EBITDA forecasts may not be met and that the Project will not meet the conditions to start construction. The projections are based upon several estimates and assumptions and have not been examined, reviewed or compiled by independent accountants or other third-party experts, including assumptions with respect to the anticipated expenses and future revenues from the Project. These assumptions may vary from the actual results. Accordingly, there is no assurance that future events will correspond to management’s assumptions for the Project. Any variations of actual results from projections related to the Project may be material and adverse. Future-oriented financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the reasonable assumptions of the Company and management as at the date hereof. Our actual financial position and results of operations and the Project may differ materially from management’s current expectations and, as a result, our revenue, profitability, EBITDA may differ materially from any revenue, and profitability profiles provided in this press release. Such information is presented for illustrative purposes only and may not be an indication of our actual financial position or results of operations.

Revolve does not provide reconciliations for forward-looking non-GAAP financial measures as Revolve is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing or number of various events that have not yet occurred, are out of Revolve’s control and/or cannot be reasonably predicted, and that would impact the most directly comparable forward-looking GAAP financial measure. For these same reasons, Revolve is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures may vary materially from the corresponding GAAP financial measures.

Forward Looking Information

The forward-looking statements contained in this news release constitute ‘‘forward-looking information” within the meaning of applicable securities laws in each of the provinces and territories of Canada and the respective policies, regulations and rules under such laws and ‘‘forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, ‘‘forward-looking statements’). The words ‘will’, ‘expects’, ‘estimates’, ‘projections’, ‘forecast’, ‘intends’, ‘anticipates’, ‘believes’, ‘targets’ (and grammatical variations of such terms) and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward looking statements in this press release include statements with respect to the proposed acquisition of the Project. This forward-looking information and other forward-looking information are based on our opinions, estimates and assumptions considering our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we currently believe are appropriate and reasonable in the circumstances. Despite a careful process to prepare and review the forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Material factors underlying forward-looking information and management’s expectations include: the receipt of applicable regulatory approvals; the absence of material adverse regulatory decisions being received and the expectation of regulatory stability; the absence of any material equipment breakdown or failure; availability of financing on commercially reasonable terms and the stability of credit ratings of the Company and its subsidiaries; the absence of unexpected material liabilities or uninsured losses; the continued availability of commodity supplies and stability of commodity prices; the absence of interest rate increases or significant currency exchange rate fluctuations; the absence of significant operational, financial or supply chain disruptions or liability, including relating to import controls and tariffs; the continued ability to maintain systems and facilities to ensure their continued performance; the absence of a severe and prolonged downturn in general economic, credit, social or market conditions; the successful and timely development and construction of new projects; the absence of capital project or financing cost overruns; sufficient liquidity and capital resources; the continuation of long term weather patterns and trends; the absence of significant counterparty defaults; the continued competitiveness of electricity pricing when compared with alternative sources of energy; the realization of the anticipated benefits of the Company’s acquisitions and joint ventures; the absence of a change in applicable laws, political conditions, public policies and directions by governments, materially negatively affecting the Company; the ability to obtain and maintain licenses and permits; maintenance of adequate insurance coverage; the absence of material fluctuations in market energy prices; the absence of material disputes with taxation authorities or changes to applicable tax laws; continued maintenance of information technology infrastructure and the absence of a material breach of cybersecurity; the successful implementation of new information technology systems and infrastructure; favourable relations with external stakeholders; our ability to retain key personnel; our ability to maintain and expand distribution capabilities; and our ability to continue investing in infrastructure to support our growth.

Such uncertainties and risks may include, among others, market conditions, delays in obtaining or failure to obtain required regulatory approvals in a timely fashion, or at all; the availability of financing, fluctuating prices, the possibility of project cost overruns, mechanical failure, unavailability of parts and supplies, labour disturbances, interruption in transportation or utilities, adverse weather conditions, and unanticipated costs and expenses, variations in the cost of energy or materials or supplies or environmental impacts on operations, disruptions to the Company’s supply chains; changes to regulatory environment, including interpretation of production tax credits; armed hostilities and geopolitical conflicts; risks related to the development and potential development of the Company’s projects; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; the availability of tax incentives in connection with the development of renewable energy projects and the sale of electrical energy; as well as those factors discussed in the sections relating to risk factors discussed in the Company’s continuous disclosure filings on SEDAR+ at sedarplus.ca. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned that given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, the Company undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether because of new information, future events or otherwise, except as required by law.

Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company does not undertake to update this information at any time except as required in accordance with applicable laws.

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

Source

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Trading resumes in:

Company: Terra Clean Energy Corp.

CSE Symbol: TCEC

All Issues: Yes

Resumption (ET): 1:45 pm

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

News Provided by PR Newswire via QuoteMedia

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