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Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: 9SU0) (‘Standard Uranium’ or the ‘Company’) announces the conclusion, effective December 11, 2025, of an arm’s length property option agreement (the ‘Agreement’) with Aero Energy Ltd. (‘Aero’) dated October 20, 2023, that had allowed Aero to earn up to 100% interest in the Sun Dog Project (‘Sun Dog’, or the ‘Project’). Following the conclusion of the Agreement, full and unencumbered ownership of the Project has been returned to the Company. Standard Uranium is currently working on plans to advance exploration on Sun Dog, building upon recent drilling and geophysical programs in 2024 and 2025.

Sun Dog covers an area of 48,443 acres (19,604 ha) across nine mineral claims and is located 15 km Southeast of Uranium City on the northern margin of the Athabasca Basin (Figure 1). It hosts the historical Gunnar Uranium Mine, discovered in 1952, which doubled Canada’s uranium production and became the largest uranium producer globally in 1956. The Gunnar Mine produced approximately 18M lbs of U3O8 between 1953 and 19811,2.

Jon Bey, CEO & Director of Standard Uranium, commented, ‘Sun Dog is a fantastic project that continues to garner a great deal of interest from multiple companies. We are excited to have the Sun Dog project returned to our portfolio and confident that we will have another joint venture partner funding further exploration in the next year. I would also like to wish the team at Aero Energy future success as they focus their sites on their other uranium projects in Canada and the USA. They were a great partner to work with the past two years.’

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Figure 1. Overview of the Sun Dog Project highlighting drill target areas, historical high-grade* uranium occurrences3, and EM-conductors4.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10633/277772_82df2fcd64d3c957_001full.jpg

Sun Dog Highlights

  • History of Production: The project hosts the historical Gunnar Mine which produced 18M pounds of U3O8 between 1953 and 1981 and was formerly the world’s largest uranium producer1,2.

  • Uranium Above and Below the Unconformity: Numerous recent and historical high-grade* uranium assays from outcrop samples across the Project range from 0.01% to 17.4% U3O83,4. These showings occur in both basement rocks below the Unconformity and perched within Athabasca sandstones above the Unconformity thus confirming the presence of unconformity-related high-grade uranium on the Sun Dog Project.

  • Verified Targets: Stacked graphitic structural zones associated with uranium mineralization and prospective hydrothermal alteration have been intersected in multiple target areas during modern drill programs. The drill program results to date confirm a favorable geological environment for fluid movement and uranium deposition on the Project.

Modern Exploration

Recent exploration efforts by Standard Uranium have focused on multiple target areas across the Project, testing down-dip extensions of structures hosting uranium at surface with the aim of discovering high-grade unconformity mineralization and basement ‘roots’ of the mineralizing systems underlying the Athabasca sandstones.

Prospecting & Surface Exploration

Prospecting in 2020 led to the discovery of a new high-grade uranium showing named the Haven discovery and several zones of visible uranium mineralization at surface that returned uranium assay results of 3.58% U3O8, 1.7% U3O8, and 0.7% U3O8.5

In the summer of 2022, Standard Uranium executed a field mapping and prospecting program to expand upon the results of the 2020 prospecting program. Handheld RS-120 and RS-125 scintillometers were used to track radioactivity with more than 80 new mineralized boulder and bedrock locations discovered on Johnston and Stewart islands.

In 2024, occurrences of strong to intense radioactivity in outcropping basement rocks were identified at surface while prospecting at the Wishbone and Spring-Dome target areas, returning highly anomalous assays ranging from 0.02% to 13.0% U3O8.6

Additionally, the analytical results revealed a correlation between uranium and gold, while boron and other pathfinder elements highlighted the potential for a robust alteration footprint associated with uranium mineralization. Surficial grab samples from faults and veins cutting sandstone outcrop returned high concentrations of dravite (up to 75%), a uranium pathfinder mineral commonly associated with uranium-fertile systems.

Geophysical Surveys

In the winter of 2022, MWH Geo-Surveys Ltd. carried out a ground gravity survey and UAV-borne magnetic surveys in the areas of Johnston and Stewart islands on behalf of Standard Uranium. The gravity survey consisted of 3,388 unique gravity measurement stations with a station spacing of 50 to 100 m. The survey identified several variations in residual gravity and outlined multiple gravity low target areas on and around Stewart and Johnston islands.

An airborne VTEMTM Plus survey was completed in 2024 to pinpoint graphitic rocks (conductors) favourable for hosting significant concentrations of uranium. This modern electromagnetic (‘EM’) survey improved upon historical surveys which have identified at least 40 km of combined conductor strike length.

In 2025, MWH Geo-Surveys Ltd. completed high-resolution ground gravity surveys along known conductive exploration trends across the Wishbone, McNie, and Armbruster South target areas, filling in the gaps between the previous 2022 gravity grids (Figure 2). These surveys have identified numerous density-low bullseye anomalies representing potential zones of hydrothermal alteration or structural disruption which are commonly associated with uranium mineralization events.

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Figure 2. 2025 ground gravity survey areas covering the Armbruster South, Wishbone, and McNie EM conductor trends. Density-low anomalies representing potential alteration zones are highlighted by cool colours on the inverted gravity grids.

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Drill Programs

Standard Uranium carried out two drill programs on the Project during the winters of 2022 and 2023, in addition to operating a program in 2024 funded by Aero. In total, 4,062 m of diamond drilling has been completed by the Company across 21 drill holes on the Project.

Historical exploration efforts primarily focused on the ‘Beaverlodge-style’ deposit model, targeting lower-grade, fault-hosted mineralization visible at the surface. This approach did not target, and would not have been effective for, the high-grade ‘Unconformity-related’ basement-hosted deposits associated with graphitic rocks more recently discovered near the Athabasca Basin’s edge (e.g. Arrow, Triple R).

Recent diamond drill programs have been successful in identifying key geological characteristics prospective for significant uranium mineralizing systems on the Project, which in turn will aid in planning and prioritization of additional exploration targets for follow-up drill programs.

Drilling highlights include3,8:

  • Widespread hydrothermal alteration zones containing illite-rich and dravitic clays and abundant iron-oxide minerals intersected in multiple drill holes, indicating a robust fluid system with prospective chemistry for uranium.

  • Significant structural influence evidenced to control high-grade uranium mineralization and anomalous radioactivity in drill holes.

  • Reactivated graphitic shear zones & quartz-hematite breccias intersected over 10s of metres in several drill holes indicate ideal structural regime providing the plumbing system for uranium mobilization.

  • Favorable geochemistry returned in multiple drill holes, including prospective clay spectroscopy results (dravite), elevated pathfinder elements, and anomalous uranium correlated to lead isotope ratios which may be used as an additional exploration vector.

  • Uranium mineralization confirmed by anomalous uranium assays was intersected in multiple drill holes, coinciding with prospective structure and favorable alteration.

Qualified Person Statement

The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a ‘qualified person’ as defined in NI 43-101 – Standards of Disclosure for Mineral Projects.

Samples collected for analysis by the Company were sent to SRC Geoanalytical Laboratories in Saskatoon, Saskatchewan for preparation, processing, and ICP-MS multi-element analysis using total and partial digestion, gold by fire assay, and boron by fusion. Basement samples were tested with ICP-MS2 uranium multi-element exploration package plus boron. All basement samples marked as radioactive upon arrival to the lab were also analyzed using the U3O8 assay (reported in wt %). Basement rock split interval samples range from 0.1 to 0.5 m. SRC is an ISO/IEC 17025:2005 and Standards Council of Canada certified analytical laboratory. Blanks, standard reference materials, and repeats were inserted into the sample stream at regular intervals in accordance with Standard Uranium’s quality assurance/quality control (QA/QC) protocols. All samples passed internal QA/QC protocols, and the results presented in this release are deemed complete, reliable, and repeatable.

Samples containing clay alteration were sent to Rekasa Rocks Inc. in Saskatoon, Saskatchewan to be analyzed by Short Wavelength Infrared Reflectance (‘SWIR‘) via a Portable Infrared Mineral Analyzer (‘PIMA‘) to verify clay species. All depth measurements reported are down-hole measurements and true thicknesses are yet to be determined.

Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization.

Natural gamma radiation from rocks reported in this news release was measured in counts per second (‘cps’) using a handheld RS-125 super-spectrometer and RS-120 super-scintillometer. Readers are cautioned that scintillometer readings are not uniformly or directly related to uranium grades of the rock sample measured and should be treated only as a preliminary indication of the presence of radioactive minerals. The RS-125 and RS-120 units supplied by Radiation Solutions Inc. (‘RSI‘) have been calibrated on specially designed Test Pads by RSI. Standard Uranium maintains an internal QA/QC procedure for calibration and calculation of drift in radioactivity readings through three test pads containing known concentrations of radioactive minerals. Internal test pad radioactivity readings are known and regularly compared to readings measured by the handheld scintillometers for QA/QC purposes.

References

  1. Gunnar Uranium Mine: From Cold War Darling to Ghost Town, L. Schramm, Saskatchewan Research Council, 2018.
  2. Geology and Genesis of Major World Hardrock Uranium Deposits, United States Geological Survey, Open-File Report 81-166, 1981.
  3. Technical Report on the Sun Dog Property – Northwestern Saskatchewan, Canada, Effective date June 30, 2023
  4. Information obtained from Saskatchewan Mineral Deposit Index and historical report from Uranium City Resources, 2007

*The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be ‘high-grade’.

**The Company considers radioactivity readings greater than 65,535 counts per second (cps) on a handheld RS-125 Super-Spectrometer to be ‘off-scale’.

***The Company considers radioactivity readings greater than 300 counts per second (cps) on a handheld RS-125 Super-Spectrometer to be ‘anomalous’.

About Standard Uranium (TSXV: STND,OTC:STTDF)

We find the fuel to power a clean energy future

Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world’s richest uranium district. The Company holds interest in over 235,435 acres (95,277 hectares) in the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.

Standard Uranium’s Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.

Standard Uranium’s eastern Athabasca projects comprise over 43,185 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

Standard Uranium’s Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by sufficient drilling despite its location proximal to uranium discoveries in the area.

For further information contact:

Jon Bey, Chief Executive Officer, and Chairman
Suite 3123, 595 Burrard Street
Vancouver, British Columbia, V7X 1J1

Tel: 1 (306) 850-6699
E-mail: info@standarduranium.ca

Cautionary Statement Regarding Forward-Looking Statements

This news release contains ‘forward-looking statements’ or ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: the timing and content of upcoming work programs; geological interpretations; timing of the Company’s exploration programs; and estimates of market conditions.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the ‘Risks and Uncertainties’ in the Company’s management discussion and analysis for the fiscal year ended April 30, 2025.

Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company’s actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: that the transaction with the Optionee will proceed as planned; the future price of uranium; anticipated costs and the Company’s ability to raise additional capital if and when necessary; volatility in the market price of the Company’s securities; future sales of the Company’s securities; the Company’s ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company’s mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions.

The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277772

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Senate Republicans rallied to block Senate Democrats’ extension of expiring Obamacare subsidies as both sides of the aisle suffer defeats on their proposals to deal with the looming healthcare cliff.

Over the course of the 43-day government shutdown, Senate Democrats made the longest closure in history all about the subsidies, which were passed and enhanced under former President Joe Biden.

They argued that if Congress didn’t act, Americans who rely on the subsidies would be hit with skyrocketing premiums. Their plan, however, was one that was never going to pass muster with the majority of Senate Republicans, who demanded myriad reforms to the program that they charged was rife with fraud.

Only Sens. Susan Collins, R-Maine, Lisa Murkowski, R-Alaska, Dan Sullivan, R-Alaska, and Josh Hawley, R-Mo., split from their party to support Democrats’ plan on an otherwise party line vote on Thursday, leaving the upper chamber without a solution to the fast-approaching deadline to either extend or replace the subsidies. Still, both sides of the aisle want to tackle rising healthcare costs, they just can’t agree on the best solution.

‘We don’t need to come up with the perfect plan,’ Hawley told Fox News Digital before the vote. ‘We need to say what will help right now to lower healthcare costs? That’s a more achievable goal, and that’s doable, so I am willing to vote for just about anything that has a legitimate shot at lowering healthcare costs right now. So that’s where I’d start.’

Senate Democrats’ plan, in comparison with Republicans’ offering that was blocked minutes before, was a straightforward three-year extension of the expiring enhanced subsidies.

But the plan did not include several reforms Republicans demanded, like measures to prevent fraud, income caps and more stringent enforcement of Hyde Amendment language that would prevent taxpayer dollars from funding abortions.

‘Our bill is the only proposal on either side that has party-wide support on both sides of the Capitol,’ Senate Minority Leader Chuck Schumer, D-N.Y., said.

Senate Majority Leader John Thune, R-S.D., charged that Democrats’ proposal wasn’t based on reality.

‘What [Schumer] is saying about a Democrat plan that will lower healthcare costs is a fantasy,’ Thune said. ‘It just is. It’s a fantasy.’

While neither side can reach a consensus on how to actually move forward on a healthcare plan, both recognize that time is running out to find a fix and that the cost of healthcare is running rampant.

Democrats see the subsidies as a quick fix that can stop the bleeding, while Republicans are looking for broader, immediate reforms that could start putting a dent in healthcare costs.

Bipartisan talks have continued throughout the process, but those too are being hampered by the GOP’s red line on more stringent enforcement of anti-abortion measures on the Obamacare exchange, which is a nonstarter for Democrats.

Sen. John Hoeven, R-N.D., predicted that both Republicans’ and Democrats’ proposals would fail but that ‘hopefully, that keeps us working on getting something where we provide assistance, but get some reforms.’

‘But we can’t keep just sending the money to insurance companies and continue this runaway medical inflation that just perpetuates the problem,’ Hoeven said.


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A lone progressive’s effort to impeach President Donald Trump failed Thursday, with nearly two dozen Democrats joining the House GOP to quash it.

Rep. Al Green, D-Texas, moved to get a vote on two articles of impeachment Wednesday night via a privileged resolution, a mechanism allowing lawmakers to force action on a bill within two legislative days.

Republicans called for a vote to table the measure on Thursday, a move that effectively kills consideration of the bill itself when a privileged resolution is called for.

Twenty-three Democrats joined Republicans in pushing the impeachment aside. A significant number of Democrats also voted ‘present,’ including all three senior leaders — House Minority Leader Hakeem Jeffries, D-N.Y., Minority Whip Katherine Clark, D-Mass., and Democratic Caucus Chairman Pete Aguilar, D-Calif.

‘Impeachment is a sacred constitutional vehicle designed to hold a corrupt executive accountable for abuse of power, breaking the law and violating the public trust. The effort traditionally requires a comprehensive investigative process, the collection and review of thousands of documents, an exacting scrutiny of the facts, the examination of dozens of key witnesses, Congressional hearings, sustained public organizing and the marshaling of the forces of democracy to build a broad national consensus,’ the trio said in a statement explaining their vote.

‘None of that serious work has been done, with the Republican majority focused solely on rubber stamping Donald Trump’s extreme agenda. Accordingly, we will be voting ‘present’ on today’s motion to table the impeachment resolution as we continue our fight to make life more affordable for everyday Americans.’

The final vote fell 237 to 140, with 47 ‘present’ votes.

Among the Democrats who voted to table the measure are Reps. Tom Suozzi, D-N.Y., Josh Riley, D-N.Y., Jared Golden, D-Maine, Jimmy Panetta, D-Calif., Chrissy Houlahan, D-Pa., Maggie Goodlander, D-N.H., Sharice Davids, D-Kan., Don Davis, D-N.C., Shomari Figures, D-Ala., and others.

Green has filed articles of impeachment against Trump several times over the past year and notably was thrown out of the president’s joint address to Congress in March for repeatedly interrupting his speech.

The latest impeachment push includes two articles charging abuse of power, according to legislative text viewed by Fox News Digital.

The first count accuses Trump of calling for the ‘execution’ of six congressional Democrats. It was in response to Trump accusing those Democrats of ‘seditious behavior,’ which he said was ‘punishable by death’ after they posted a video urging military service members to refuse illegal orders by the federal government.

The video caused a firestorm on the right, with the FBI opening an inquiry into those Democrats — who all defended their comments.

Green’s second allegation of abuse of power charges Trump with having ‘fostered a political climate in which lawmakers and judges face threats of political violence and physical assault; and in this climate has made threats and vituperative comments against federal judges, putting at risk their safety and well-being, and undermining the independence of our judiciary.’

But while the vast majority of Democrats have made no secret of their disdain and disagreements with Trump, it appears that few have the appetite to make a largely symbolic gesture toward impeachment.

Even Rep. Hakeem Jeffries, D-N.Y., has side-stepped questions on supporting impeachment multiple times this year, including most recently on Dec. 1 when asked about the military’s double-tap strikes on an alleged Venezuelan drug boat in September.

‘Republicans will never allow articles of impeachment to be brought to the floor of the House of Representatives. And we know that’s the case, because Donald Trump will order them not to do it. So what’s on the table is a meaningful investigation, which we can hope would be bipartisan,’ Jeffries said at the time.

Even if the impeachment vote were to move forward, it’s all but certain that the GOP majority in the Senate would quickly dispense of it.


This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Wednesday (December 10) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$92,516.67 down by 0.7 percent over 24 hours.

Bitcoin price performance, December 10, 2025.

Bitcoin price performance, December 10, 2025.

Chart via TradingView.

The Bitcoin price reclaimed US$92,000 ahead of Wednesday’s US Federal Reserve meeting, with traders pricing in an interest rate cut, but holding back without signals of extended easing into 2026.

Bitcoin’s continued volatility and subdued options activity have dampened expectations for a typical year-end rally, with 30 day implied volatility easing to 49 percent and analysts seeing a December surge as unlikely.

ARK Invest CEO Cathie Wood remains bullish on Bitcoin in the longer term, arguing that the current pause does not signal a new bear cycle, and that Bitcoin is behaving as a resilient risk‑on asset.

Ray Youssef, CEO of NoOnes, called Wednesday’s Fed meeting outcome — the central bank cut rates as expected, but its dot plot signals just one more cut in 2026 with hawkish dissents.

Glassnode notes that Bitcoin is stuck in a fragile price range around US$92,700, held up by steady buying, but weighed down by big investors taking losses and long-term holders cashing in profits. Losses among holders are growing as time passes without a strong rebound, pushing more people to sell into small price upticks; combined with low spot activity and negative exchange-traded fund flows, this leaves the market highly sensitive to macro events.

Futures trading has shown caution, with little leveraged positioning for big moves, while options traders are buying short‑dated downside protection. Analysts project that Bitcoin could test higher levels near US$95,000 if sellers tire out, but staying below key supports risks a pullback without fresh demand.

Meanwhile, traders have been driving the Ether/Bitcoin ratio up, signaling that capital is rotating from Bitcoin into altcoins, a dynamic that often precedes broader altcoin rallies. Bitcoin dominance is at 55.25.

Ether (ETH) was priced at US$3,362.98, up by 1 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.07, down by 2.2 percent over 24 hours.
  • Solana (SOL) was trading at US$138.48, down by 1.2 percent over 24 hours.

Crypto derivatives and market indicators

Bitcoin open interest rose 0.42 percent to US$59.47 billion, while Ether open interest stood at US$41.66 billion.

Bitcoin’s -0.002 percent funding rate reflects long pain, while a neutral relative strength index of 52.62 doesn’t indicate overbought or oversold extremes.

Today’s crypto news to know

Strategy’s letter to MSCI on DAT exclusion proposal

Bitcoin treasury pioneer Strategy (NASDAQ:MSTR) submitted a letter to MSCI’s Equity Index Committee on Tuesday (December 9), urging it to reject a proposal excluding digital asset treasury companies (DATs).

DATs are defined as firms with more than 50 percent of their assets in crypto.

“The proposal’s 50% rule arbitrarily singles out digital asset businesses for uniquely unfavorable treatment, while leaving untouched businesses in other industries (such as oil, timber, gold, media and entertainment, and real estate) that have similarly concentrated holdings in a single asset type,” the letter argues before concluding that the proposal “rests on a broad mischaracterization of DATs and would impose arbitrary, unworkable conditions that would stifle innovation, damage the reputation of MSCI’s indices, and conflict with national priorities.”

OCC says banks can conduct riskless principal crypto trades

The Office of the Comptroller of the Currency (OCC) issued new guidance confirming that US national banks are allowed to execute riskless principal transactions involving crypto assets.

In these deals, a bank briefly takes the opposite side of a customer trade and immediately offsets it with a matching transaction, eliminating balance-sheet exposure to the digital asset. The clarification is seen as a step toward giving regulated institutions more operational certainty when serving crypto-active clients. Banks conducting such activity must also comply with all existing consumer protection and anti-money-laundering rules.

Singapore leads new global crypto competitiveness index

Singapore has taken the top spot in Bybit and DL Research’s World Crypto Rankings 2025, edging out the US and Lithuania.

Analysts credit the city-state’s strong licensing regime, high digital literacy, and active institutional participation for pushing its total score to 7.5 out of 10. The report also highlights Singapore’s growing role in real-world asset tokenization, an area where market value has increased over 63 percent since early 2024 to reach US$25.7 billion.

The US remains closely behind with a score of 7.3, while Lithuania ranks third at 6.3.

US teachers union warns Senate against crypto market structure bill

The American Federation of Teachers (AFT) is urging the US Senate to throw out the Responsible Financial Innovation Act, arguing the proposal would undermine protections for retirement investors.

In a letter to Senate leadership, AFT President Randi Weingarten said the legislation could expose pension funds to “unsafe assets” and elevate risks tied to fraud and price instability in the crypto market.

The union fears that the bill’s tokenization provisions would allow companies to shift assets onto blockchain rails while sidestepping existing registration and disclosure rules. Weingarten argued that weaker oversight could ultimately threaten market stability and “lay the groundwork for the next financial crisis.”

Lummis comments on Responsible Financial Innovation Act

Speaking at the Blockchain Association Policy Summit on Tuesday, Wyoming Senator Cynthia Lummis, a member of the US Senate Banking Committee, said she anticipates that the markup hearing for the Responsible Financial Innovation Act will happen before Congress breaks for the holidays.

Lummis is a prominent proponent for addressing digital asset market structure in Congress.

Japan’s crypto regulation shift

Japan’s Financial Services Agency released a report from the Financial System Council’s Working Group on cryptocurrency regulation. The agency proposes moving the legal basis for crypto regulation from the Payment Services Act to the Financial Instruments and Exchange Act, the primary law governing securities markets, trading and disclosures.

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

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

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(TheNewswire)

Providence Gold Mines Inc.

VANCOUVER TheNewswire – December 11, 2025 Providence Gold Mines Inc. (TSX-V: PHD) (‘ Providence ‘ or the ‘ Company ‘) is extremely pleased to announce that it has entered into an underground mining lease agreement (the ‘ Lease ‘) with Easy Mining Company Ltd . (‘Easy Mining’).

Easy Mining is an experienced and well-regarded underground mining contractor with operations in Canada and the United States and an office in Winnipeg, Manitoba. Providence welcomes Easy Mining’s involvement at the Company’s fully permitted La Dama de Oro gold-silver project .

Under the terms of the Lease, Providence grants Easy Mining the right to explore and mine within the existing underground workings at the La Dama de Oro property, located in the Silver Mountain Mining District, California, USA. Easy Mining is authorized to extract a 1,000-ton bulk sample over a twelve-month period commencing on the date of the signed agreement.

Easy Mining will be responsible for underground mining, exploration, and processing activities designed to evaluate mineralized material and determine appropriate metallurgical methods. As part of the Lease:

  1. Easy Mining will pay the La Dama de Oro the Property Optionor, ‘Mohave Gold Mining and Exploration Inc.’, a 2% Net Smelter Royalty ‘NSR’
  2. Any gross proceeds generated from bulk sample mining will then be divided equally (50/50) between Easy Mining (the Lessee) and Providence (the Lessor).

Ronald A. Coombes, President & CEO, commented : ‘Having all permits in place and securing an agreement with Easy Mining Company Ltd. provides a clear path to advance and evaluate the La Dama de Oro gold-silver project.

Private Placement Updates

Further to the Company’s news releases dated September 12, 2025, and October 22, 2025, Providence has closed its previously announced private placement. A total of 1,604,800 units were issued for gross proceeds of $80,240. Each unit consists of one common share and one full, non-transferable warrant exercisable at $0.05 for a period of two years from the date of issuance.

Proceeds from the private placement will be used for general administration and for sampling activities to assess mineralization potential at the La Dama de Oro project. The Company intends to proceed immediately with work related to the permitted 1,000-ton bulk sample.

New Unit Private Placement

The Company also, {subject to regulatory approval}, announces a non-brokered private placement of up to 2,000,000 units at a price of $0.05 per unit, for gross proceeds of up to $100,000. Each unit will consist of:

  • one common share; and
  • one full, non-transferable warrant exercisable at $0.05 for a period of two years from the date of issue.

For more information, please contact Ronald Coombes, President, and CEO of the Company.

Ronald A. Coombes, President & CEO

Phone: 604 724 2369

roombesresources@gmail.com.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither the OTCQB and or 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.

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. All statements, other than statements of historical fact, included herein, including, without limitation, statements relating to the permitting process, future production of Providence Gold Mines, budget and timing estimates, the Company’s working capital and financing opportunities and statements regarding the exploration and mineralization potential of the Company’s properties, are forward-looking statements. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward- looking statements. Important factors that could cause actual results to differ materially from Providence Gold Mines expectations include fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other governmental approvals. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Providence Gold Mines does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statement

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Rep. Bennie Thompson, D-Miss., called on Homeland Security Secretary Kristi Noem to resign Thursday during opening remarks at a House Homeland Security Committee hearing on ‘Worldwide Threats to the Homeland.’

‘You have systematically dismantled the Department of Homeland Security, put your own interests above the department, and violated the law. You are making America less safe,’ said Thompson. ‘So rather than sitting here and wasting your time and ours with more corruption, lies and lawlessness, I call on you to resign. Do a real service to the country and just resign. That is, if President Trump doesn’t fire you first.’

As Noem was giving her opening statement, several protesters against U.S. Immigration and Customs Enforcement (ICE) interrupted, yelling, ‘Get ICE off our streets,’ and, ‘Stop terrorizing our community.’

The protesters were escorted out by Capitol Police and detained outside the hearing room.

Noem, who was joined at the hearing by National Counterterrorism Center director Joe Kent and Michael Glasheen, the operations director of the National Security Branch of the FBI, said one of her grandchildren, who was in the audience, was crying a little during Thompson’s remarks.

‘I don’t think she agreed with him,’ Noem said jokingly.

She touted the work DHS has done to secure the southern border and protect the U.S.

‘DHS is eradicating transnational organized crime and the stopping of deadly drugs from continuing to be funneled into our communities,’ she told lawmakers. ‘We’re ending illegal immigration, returning sanity back to our immigration system, and we’re defending against cyberattacks against our critical infrastructure.’

The former South Dakota governor, speaking about the global threats facing the country — including those posed by domestic extremists and radical Islamic terrorism — said the U.S. should brace for heightened risks as it prepares to host major events in 2026 such as the World Cup and the nation’s 250th birthday.

‘These large-scale events will be potential targets for a range of bad actors, and they come with an increased level of risk. DHS is using every tool and authority we have to ensure the safety of U.S. citizens, and our visitors can enjoy next year’s events,’ Noem added.

Rumors had swirled in recent days that President Donald Trump was considering replacing her as head of DHS. Trump pushed back on those rumors on Wednesday, telling reporters that Noem has been ‘fantastic.’

Noem also addressed the rumors, speaking to Fox News prior to Thursday’s hearing.

‘Oh, that’s absolutely not true,’ she said. ‘President Trump and I are doing wonderfully. I’m so proud to work for him, and I’m going to continue to serve at his pleasure.’

Fox News’ Bill Melugin contributed to this report.


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Senate Democrats banded together to kill Republicans’ plan to replace expiring Obamacare subsidies on Thursday, knocking the first of two proposals down for the count.

Senate Republicans’ plan from Sens. Bill Cassidy, R-La., and Mike Crapo, R-Idaho, the chairs of the Senate health and finance panels, would have abandoned the Obamacare enhanced premium subsidies for health savings accounts (HSAs), along with several reforms that Republicans appeared largely unified behind earlier this week.

Still, not every Senate Republican voted for the bill. Sen. Rand Paul, R-Ky., joined all Senate Democrats in tanking the legislation on a largely party-line vote.

Lawmakers are now set to vote on Senate Democrats’ plan, which would extend the subsidies for another three years. That proposal is also expected to fail, given that Senate Republicans broadly don’t want to extend the subsidies without myriad reforms.

Senate Minority Leader Chuck Schumer, D-N.Y., and Senate Democrats have pitched their plan as the only option to prevent healthcare premiums from skyrocketing, while Republicans contended that the subsidies are rife with fraud and that the entire Obamacare system was causing premium prices to crank up year after year.

‘The Cassidy-Crapo [plan] is not a healthcare plan,’ Schumer said. ‘It’s not a plan at all. It’s an excuse. It’s a fig leaf. Because Republicans are so divided and can’t come up with a plan that unites them. They propose this fig leaf.’

‘My guess is most Republicans themselves are grimacing that they even have to vote for this thing,’ he continued. ‘How is a one-time check going to help you if you’re paying 1,000 or $2,000 a month more for health insurance?’

Cassidy and Crapo’s plan would have seeded HSAs with $1,000 for people ages 18 to 49 and $1,500 for those 50 to 65 for people earning up to 700% of the poverty level. In order to get the pre-funded HSA, people would have to buy a bronze or catastrophic plan on an Obamacare exchange.

It also included several provisions that didn’t make the cut in President Donald Trump’s ‘big, beautiful bill,’ including measures to reduce federal Medicaid funding to states that cover illegal immigrants, requirements that states verify citizenship or eligible immigration status before someone can get Medicaid, a ban on federal Medicaid funding for gender transition services and nixing those services from ‘essential health benefits’ for Obamacare exchange plans.

It also included Hyde Amendment provisions to prevent taxpayer dollars from funding abortions through the new HSAs, a red line for many Senate Republicans that has proven divisive between the aisles.

The deadline to either extend or replace the credits, which were first passed and then enhanced under former President Joe Biden during the COVID-19 pandemic, is at the end of the year.

But whether the Senate acts before the deadline remains in the air, given that next week will be their last working week before leaving Washington, D.C., until the new year. There are several plans still on the table for lawmakers to choose from.

Senate Majority Leader John Thune, R-S.D., said ahead of the vote that it was clear that Schumer wanted Senate Democrats to fall in line for the upcoming vote but noted that there were still ongoing bipartisan conversations, and he didn’t close the door a possible Obamacare fix with the limited time lawmakers had left before the clock runs out.

‘If there is an interest in solving that, I don’t rule it out,’ Thune said. ‘I mean, obviously we don’t have a lot of time to do this, but I think there are ways in which you could where there’s a will, and if there are two sides willing to come together.’


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President Donald Trump on Thursday pressed Senate Majority Leader John Thune, R-S.D., to dismantle the Senate’s ‘blue slip’ tradition, arguing that the practice has allowed Democrats to block Republican judicial and U.S. attorney nominees.

‘If they say no, then it is OVER for that very well qualified Republican candidate. Only a really far left Democrat can be approved. It is shocking that Republicans, under Senator Chuck G, allow this scam to continue. So unfair to Republicans, and not Constitutional,’ Trump wrote on Truth Social.

‘I am hereby asking Senate Majority Leader John Thune, a fantastic guy, to get something done, ideally the termination of Blue Slips. Too many GREAT REPUBLICANS are being, SENT PACKIN’. None are getting approved!!!’

Trump’s remarks come as courts continue to scrutinize the legality of his U.S. attorney appointments.

Alina Habba announced on Monday that she would be stepping down as the top federal prosecutor in New Jersey after an appeals court ruled she was unlawfully serving in the role.

Trump appointed Lindsey Halligan to serve as interim U.S. Attorney for the Eastern District of Virginia, after Erik Siebert resigned. A federal judge in November dismissed the indictments of former FBI Director James Comey and New York Attorney General Letitia James, finding that Halligan had been unlawfully appointed and therefore lacked the authority to bring the charges.

New York Attorney General Letitia James makes first public appearance since indictment

Trump is effectively urging the Senate to end the long-standing custom for all judicial nominees. Senators from both parties are reluctant to change the practice, fearing they would lose the ability to stall or block nominees they have concerns about.

Fox News’ Chad Pergram contributed to this report.


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Locksley Resources Ltd. (ASX: LKY,OTC:LKYRF; OTCQX: LKYRF) announced the company has formally commenced the engineering partner selection process for the upcoming engineering scoping pilot plant design, following direct engagement with Tier 1 U.S. service providers. The move is part of the company’s accelerated development program as they advance The Desert Antimony Mine project toward a fully integrated U.S. antimony supply chain. More information is available here: https:cdn-api.markitdigital.comapiman-gatewayASXasx-research1.0file2924-03036124-6A1302842&v=undefined.

‘With the completion of our recent capital raise, we are fast tracking our 2026 initiatives. We have been engaging with leading U.S. engineering firms on an ‘expression of interest’ basis, said Kerrie Matthews, Managing Director and CEO of Locksley. She added that the strong response to this effort highlights confidence in Locksley’s development strategy and confirms that the company expects access to the technical capability and local U.S. experience required to advance the project efficiently.

‘Our ongoing metallurgical optimization work will feed directly into the scoping study, allowing engineering design, economic evaluation and project planning to progress without delay. This integrated execution strategy ensures the Desert Antimony Project advancement at an accelerated speed toward next stages of development,’ she confirmed.

Locksley Resources (https://www.locksleyresources.com.au) is focused on critical minerals in the U.S. The company is actively advancing the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley is executing a mine-to-market strategy for antimony, aimed at reestablishing domestic supply chains for critical materials, underpinned by strategic downstream technology partnerships with leading U.S. research institutions and industry partners. This targeted approach, combined with resource development with innovative processing and separation technologies, positions Locksley to play a key role in advancing U.S. critical materials independence.

Contact: Beverly Jedynak, beverly.jedynak@viriathus.com; 312-943-1123; 773-350-5793 (cell)

Cision View original content:https://www.prnewswire.com/news-releases/locksley-commences-engineering-partner-selection-process-for-its-desert-antimony-mine-302638676.html

SOURCE Locksley Resources

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Rzolv Technologies Inc. (TSXV: RZL) (the ‘Company’ or ‘RZOLV’) is pleased to announce the appointment of Ms. Mary Ellen Thorburn to the Company’s Board of Directors, effective December 15, 2025.

‘On behalf of the Board of Directors, I am pleased to welcome Mary Ellen to the RZOLV team,’ said Duane Nelson, President & CEO. ‘Her wealth of financial, operational, and global mining experience will be a valuable input as we advance toward commercialization and accelerate the Company’s next phase of growth.’

In addition, Mr. Darryl Yea has announced his retirement from the Board effective December 31, 2025. Following his retirement, Mr. Yea will continue to support the Company in an ongoing capacity as a member of RZOLV’s Advisory Committee. As a strategic adviser, he will continue to contribute his insight and leadership to help guide the Company’s global commercialization initiatives.

Ms. Mary Ellen Thorburn, Director

Mary Ellen Thorburn is an accomplished corporate finance executive and board director with more than two decades of leadership experience across the mining sector, capital markets, and international financial operations. She is both a Chartered Professional Accountant (CPA) and a Chartered Financial Analyst (CFA), recognized for her expertise in steering public companies through large-scale transactions, global expansions, financial restructurings, and investor-facing growth strategies.

Mary Ellen spent seven years with Barrick Gold Corporation, one of the world’s largest gold producers, where she held three progressively senior leadership roles. Most notably, she served as Director of Capital Projects, overseeing financial governance, capital allocation frameworks, and strategic evaluation processes across Barrick’s global project pipeline—solidifying her reputation for disciplined financial stewardship in complex mining environments.

Beyond Barrick, she has held several senior executive roles, including Chief Financial Officer, Eco Oro Minerals, Vice President, Finance, Great Panther Silver, Interim Chief Financial Officer, Nexii Building Solutions, where she oversaw finance, tax, FP&A, IT, and cross-border integration initiatives.

Mary Ellen currently serves on multiple boards, including Madoro Metals Corp., where she is Audit Committee Chair, and the Justice Institute of British Columbia, where she serves as Chair of the Finance & Audit Committee.

Ms. Thorburn holds a Bachelor of Business Administration from Wilfrid Laurier University.

About Rzolv Technologies Inc.

Rzolv Technologies Inc. is a clean-tech company developing innovative, non-toxic solutions that aim to transform gold extraction and mine-site remediation. The Company’s flagship product, RZOLV, is a proprietary water-based hydrometallurgical formula that provides a sustainable, safe alternative to sodium cyanide for the dissolution and recovery of gold.

Cyanide has been the industry standard for more than a century, yet its toxicity has resulted in bans or restrictions across multiple jurisdictions, along with significant permitting, handling, and ESG challenges for mining companies. RZOLV delivers comparable performance and cost metrics to cyanide while offering a non-toxic, reusable, and environmentally sustainable profile, enabling gold extraction in regions, ore types, and project settings where cyanide use is impractical, prohibited, or socially unacceptable. For more information: https://www.rzolv.com.

Cautionary Note

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

For further information, please contact:

Contact

Duane Nelson
Email: duane@rzolv.com
Phone: (604) 512-8118

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute ‘forward-looking statements.’ Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘intends,’ ‘estimates,’ ‘projects,’ ‘potential’ and similar expressions, or that events or conditions ‘will,’ ‘would,’ ‘may,’ ‘could’ or ‘should’ occur. Forward-looking statements in this news release include, among others, statements relating to the Effective Date that the Common Shares will commence trading under the Company’s new name on the TSXV.

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. Such factors and risks include, among others: the Common Shares will not commence trading under Company’s new name on the TSXV on the Effective Date.

The forward-looking information in this news release is based on management’s reasonable expectations and assumptions as of the date of this news release. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding: the Common Shares will commence trading under the Company’s new name on the TSXV on the Effective Date.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277731

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