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Walker Lane Resources Ltd. Announces An Aeromagnetic and Radiometric Airborne Survey will be Completed on its Tule Canyon Project, Walker Lane Gold Trend, Nevada

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TSX-V: WLR

Frankfurt: 6YL

 Walker Lane Resources Ltd. (TSXV: WLR,OTC:CMCXF) (Frankfurt: 6YL); ‘Walker Lane’) is pleased to announce that Precision Geosurveys Inc. has been contracted to complete an airborne total magnetic field and radiometric survey on its Tule canyon Project located in the prolific Walker Lane Gold Trend.

Walker Lane Resources Ltd. logo (CNW Group/Walker Lane Resources Ltd)

Precision Geosurveys Inc. of Reno, NV and Langley, BC will commence the airborne survey in the next few days following completion of ongoing surveys by Precision in the Tonopah area of west central Nevada. A total of 212 line-kilometers will be flown along lines spaced 100 meters apart, 30 meters above ground level. The results are anticipated to be useful in mapping the complex altered volcanic stratigraphy present on the property and to contribute information that will further pinpoint proposed drill targets on the property.

Mr. Kevin Brewer, P.Geo President and CEO of Walker Lane Resources Ltd. noted that ‘We are very excited to be commencing exploration at the Tule Canyon project. We thank Silver Range Resources for helping to coordinate this work. Their efforts are testimony to our shared belief that Tule Canyon holds significant promise. We look forward to soon being able to confirm a drilling program for this project in the near future.’

About the Tule Canyon Property

The Tule Canyon Property sits astride a prominent deflection in the regional magnetic field associated with the underlying Sylvania Pluton. High grade gold and silver mineralization in the district is localized along this feature. The principal objectives of the survey will be to accurately map this deflection and to locate second order anomalies which may be associated with structurally controlled precious metal mineralization.

The Tule Canyon Property is 95 km south of Tonopah and 80 km northwest of Beatty near the Nevada–California border. Mineralization on the property occurs along a 5-kilometre-long trend coincident with a major structural inflection in the Sylvania Pluton mapped by regional aeromagnetic surveys. Gold and silver mineralization is hosted in numerous quartz veins with mesothermal textures. Precious metals are associated with hematite, pyrite, yellow plumbo-jarosite or similar lead oxides, rare galena and copper oxides. The western end of the trend covering the Ingall’s Vein and the China Doll zones are silver-dominant with mineralization returning up to 4,320 g/t Ag and up to 31.8 g/t Au. The eastern end of the trend is gold-dominant with assays up to 37.3 g/t Au at surface and 27.6 g/t Au underground. Silver assays from material collected in this eastern area range up to 183 g/t Ag.

Mining in Tule Canyon dates from prior to 1848 when Mexican placer miners first began work in the area. Hard rock mining on the property dates from the 1890’s at the Dark Secret Mine. Mining at the nearby Eastside Mine and the Ingalls Vein occurred during the late 1900’s with a small heap leach operation constructed at the latter property.

A small open pit mining operated at the Dark Secret Mine during the 1980’s and reportedly shipped material to Goldfield for processing. In the pit, coalescing veins appear to form a bulk tonnage target. A chip-trench sample across the bottom of the pit returned 40 m @ 0.469 g/t Au including 20 m @ 0.695 g/t Au. Grab samples of vein material in the pit returned up to 14.1 g/t Au. Despite the past history of mining and high-grade surface mineralization on the property, there is little evidence of modern exploration activity and no known drilling.

A video presentation describing results to date at Tule Canyon is available on Silver Range’s website at www.silverrangeresources.com and further information is also available on the Company website at www.walkerlaneresources.com.

Note: Technical information in this news release has been approved by Kevin Brewer, P.Geo who relied on information provided to him by Silver Range Resources Ltd. and information in the public domain. Historical information cited in this news release was obtained from Nevada Bureau of Mines and Geology district files and from historical publications. Investors should be cautioned that this information has not been independently verified by the Company.

About Walker Lane Resources Ltd.

Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate an aggressive exploration program to advance the Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria Silver District, B.C.) projects through drilling programs with the aim of achieving resource definition in the near future.

On behalf of the Board:
‘Kevin Brewer’
Kevin Brewer, President, CEO and Director
Walker Lane Resources Ltd.

Cautionary and Forward Looking Statements

This press release and related figures, contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘anticipate’, ‘plans’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘should’, ‘believe’ ‘targeted’, ‘can’, ‘anticipates’, ‘intends’, ‘likely’, ‘should’, ‘could’ or grammatical variations thereof and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this presentation. These forward-looking statements include, but are not limited to, statements concerning: our strategy and priorities including certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule Canyon, Cambridge, Silver Mountain, and Shamrock Properties in Nevada (USA), and its properties including Silverknife and Amy properties in British Columbia, the Silver Hart, Blue Heaven and Logjam properties in Yukon all of which now comprise the mineral property assets of WLR. WLR has assumed other assets of CMC Metals Ltd. including common share holdings of North Bay Resources Inc. (OTC-US: NBRI) and all conditions and agreements pertaining to the sale of the Bishop mill gold processing facility and remain subject to the condition of the option of the Silverknife property with Coeur Mining Inc. (TSX:CDE). These forward-looking statements reflect the Company’s current beliefs and are based on information currently available to the Company and assumptions the Company believes are reasonable. The Company has made various assumptions, including, among others, that: the historical information related to the Company’s properties is reliable; the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore the Company’s properties; the Company will be able to raise any necessary additional capital on reasonable terms to execute its business plan; the Company’s current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; and budgeted costs and expenditures are and will continue to be accurate.

Actual results and developments may differ materially from results and developments discussed in the forward-looking statements as they are subject to a number of significant risks and uncertainties, including: public health threats; fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; other risk factors set out in this presentation; and other risk factors set out in the Company’s public disclosure documents. Although the Company has attempted to identify significant risks and uncertainties that could cause actual results to differ materially, there may be other risks that cause results not to be as anticipated, estimated or intended. Certain of these risks and uncertainties are beyond the Company’s control. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences or benefits to, or effect on, the Company.

The information contained in this presentation is derived from management of the Company and otherwise from publicly available information and does not purport to contain all of the information that an investor may desire to have in evaluating the Company. The information has not been independently verified, may prove to be imprecise, and is subject to material updating, revision and further amendment. While management is not aware of any misstatements regarding any industry data presented herein, no representation or warranty, express or implied, is made or given by or on behalf of the Company as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such information or opinions. The forward-looking statements and information in this presentation speak only as of the date of this presentation and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Although the Company believes that the expectations reflected in the forward-looking statements and information are reasonable, there can be no assurance that such expectations will prove to be correct. Because of the risks, uncertainties and assumptions contained herein, prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward-looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future. To the extent any forward-looking statement in this presentation constitutes ‘future-oriented financial information’ or ‘financial outlooks’ within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to the risks set out above. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses. The Company’s financial projections were not prepared with a view toward compliance with published guidelines of International Financial Reporting Standards and have not been examined, reviewed or compiled by the Company’s accountants or auditors. The Company’s financial projections represent management’s estimates as of the dates indicated thereon.

SOURCE Walker Lane Resources Ltd

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2025/27/c4329.html

News Provided by Canada Newswire via QuoteMedia

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Diamond Drilling Commenced at Paranaíta Gold Project

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Jangada Mines Plc (AIM: JAN), a Brazil focused natural resource development company, is pleased to announce that its 15-hole 1,800m diamond drilling (‘DD’) programme has commenced at the 7,211-hectare Paranaíta Gold Project (‘Paranaíta’ or the ‘Project’) located in Brazil’s historically significant Alta Floresta-Juruena Gold Province.

Highlights:

  • 3,100m of trenching completed – further highly visually mineralised veins identified
  • 15-hole, 1,800m diamond drilling programme commenced
  • Drilling to focus on high grade mineral sequences identified from trenching, topographic studies and extensive historic data
  • Drilling campaign aiming to increase resource to 350,000 oz gold under JORC
  • Significant potential for further resource growth with multiple additional targets already identified

Following the completion of 3,100m of trenching, which yielded further highly visually mineralised veins, the analysis of existing data, and two topographic studies, a 10-week drill programme at Paranaíta has been designed primarily targeting the high-grade TP2 and TP3.2 (within TP3) targets. The first 8 drill holes of c.120m each will target the identified mineral sequence from trenches TR-02 to TR-08, where the mineralised vein was well identified over more than 700m and contained visible gold.

—

Figure 1: Drill holes on TP2

The remaining holes will target TP3.2 where the trenches TR-19 to TR-31 were executed with excellent results yielding well identified mafic dikes and disseminated granites. TR-18 identified a 2m thick vein (See Figure 2). The location of these is now being finalised and will depend on the chemical analysis results due in Q4.

Figure 2: 2m thick vein at TR18

The drill programme is focused on expanding the current resource from 210,000 oz Au @3.165 g/t to ~350,000 oz Au under the JORC code. The TP2 and TP3.2 zones have a resource of c.106,600 oz @ 16.65 g/t Au and c.34,600 oz @ 1.35 g/t Au respectively and are two of the six identified high priority targets along the 8km mineralised corridor. This corridor has 15+ high-grade gold occurrences and historical sampling up to 135 g/t Au.

Jangada CEO, Paulo Misk, said: ‘With trenching now complete and having confirmed further visually mineralised vein systems, we are pleased to announce the launch of our inaugural drill programme at the high-grade Paranaíta Gold Project. This 15-hole, 1,800-metre campaign will focus on two of the six identified high-grade, near-surface zones. Our immediate goal is to expand the current resource to approximately 350,000 ounces of gold. However, with multiple additional targets across the broader project area, we believe there is significant potential for further resource growth through continued exploration.

‘In the current gold price environment, high-grade, shallow deposits are especially attractive, as they typically fall at the lower end of the capital cost curve and offer robust margins with strong value potential. We believe Paranaíta exemplifies these characteristics. Accordingly, we look forward to fast-tracking its development and that continued success will underpin a meaningful revaluation of Jangada.’

Trench Locations TP2:

Qualified Person’s Statement

The technical information in this announcement has been reviewed by Mr. Peter Heinrich Müller who is a member of the South African Council of Natural Scientific Professions (#114766). Mr. Müller is a senior professional geologist with +17 years of experience in the mining industry, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr. Müller also meets the requirements of a competent person under the AIM Note for Mining, Oil and Gas Companies. Mr. Müller has no economic, financial or pecuniary interest in the Company, and he consents to the inclusion in this document of the matters based on his technical information in the form and context in which it appears.

ENDS

For further information please visit www.jangadamines.com or contact:

Jangada Mines plc

Brian McMaster (Chairman)

Tel: +44 (0)20 7317 6629

Strand Hanson Limited

(Nominated & Financial Adviser)

Ritchie Balmer

James Spinney

David Asquith

Tel: +44 (0)20 7409 3494

Tavira Financial Ltd

(Broker)

Jonathan Evans

Tel: +44 (0)20 7100 5100

Investor Relations

Hugo de Salis

hugo@lepanto.co.uk

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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Appoints global biopharma leader Paul Carter as Non-Executive Director to support next phase of strategic growth

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Solvonis Therapeutics plc (LSE: SVNS), an emerging biopharmaceutical company developing novel medicines for high-burden central nervous system (‘CNS’) disorders, is delighted to announce the appointment of Paul Carter as Non-Executive Director, effective 27 October 2025.

Paul Carter is a highly accomplished global biopharmaceutical leader with nearly three decades of senior executive experience spanning commercial, operational, and strategic leadership roles. He has built and scaled businesses across Europe, North America, and Asia, combining deep operational expertise with a proven record of driving transformational growth and delivering long-term shareholder value.

Paul currently serves as Non-Executive Chair of Clinigen Group plc, a leading global pharmaceutical services and supply company supporting access to medicines in over 120 countries. He is also Chair of Memo Therapeutics AG, a Swiss-based private clinical-stage biotech developing novel antibody therapeutics, and Chair of Kyowa Kirin International plc, the European subsidiary of Kyowa Kirin Co., Ltd. (TSE: 4151), a Japan-based global specialty pharmaceutical company. In addition, Paul serves as Non-Executive Director at Immatics N.V. (NASDAQ: IMTX), a clinical-stage biopharmaceutical company, pioneering TCR-based immunotherapies for cancer.

He previously held senior global roles including Executive Vice President and Chief Commercial Officer at Gilead Sciences, Inc. (NASDAQ: GILD), where he oversaw international operations across 38 markets and delivered annual revenues exceeding US$30 billion.

His appointment strengthens the Solvonis Board as the Company continues to advance its differentiated CNS pipeline and execute its capital-efficient, licensing-first growth strategy across addiction, psychiatry, and neurology.

Anthony Tennyson, Chief Executive Officer of Solvonis, commented: ‘We are delighted to welcome Paul to the Solvonis Board. He brings an exceptional depth of global leadership experience and strategic insight from some of the world’s most successful pharmaceutical organisations. His expertise in scaling innovative science into global commercial success will be invaluable as Solvonis advances its CNS pipeline and builds towards the next phase of sustainable growth.’

Paul Carter added: ‘Solvonis is building an exciting and differentiated CNS biopharmaceutical platform with significant potential to deliver impact for patients and value for shareholders. I look forward to working with Anthony and the Board to help shape strategy, strengthen partnerships, and support the Company’s continued evolution and growth.’

Option Grant

Mr Carter has been granted 21 million share options under the Company’s existing long term incentive plan (‘LTIP’), exercisable over ordinary shares of £0.001 each in Solvonis Therapeutics Plc at an exercise price of £0.0034 per share. The options have a three-year life and vest in three equal tranches: one-third on grant date, one-third on the first anniversary of grant date, and one-third on the second anniversary of grant.

Enquiries:

Solvonis Therapeutics plc
Anthony Tennyson, CEO & Executive Director
anthony@solvonis.com

Singer Capital Markets (Broker)
Phil Davies
+44 (0) 20 7496 3000

About Solvonis Therapeutics plc

Solvonis Therapeutics plc (LSE: SVNS) is an emerging biopharmaceutical company developing novel small-molecule therapeutics for high-burden central nervous system (CNS) disorders. Headquartered in London and listed on the main market of the London Stock Exchange, Solvonis is advancing a differentiated pipeline of repurposed and novel compounds across addiction, psychiatry, and neurology.

The Company’s lead programmes address Alcohol Use Disorder (AUD) and Post-Traumatic Stress Disorder (PTSD), with additional discovery work supporting expansion into broader CNS indications. Its lead asset, SVN-001, is currently in Phase 3 for severe AUD in the UK, while SVN-002 is preparing for a Phase 2b trial in the US targeting moderate-to-severe AUD. The preclinical PTSD programme (SVN-SDN-14) leverages novel serotonin-dopamine modulators designed to enhance pro-social behaviour and long-term outcomes.

In parallel, Solvonis is advancing proprietary CNS discovery programmes built on a dedicated compound library to identify new small-molecule modulators of key neurotransmitter systems. This platform enables efficient early-stage innovation and supports the Company’s integrated approach to developing therapies across its three strategic pillars.

With a capital-efficient model, dual development strategy, and near-term partnering opportunities, Solvonis is positioned to deliver sustained value through innovation in CNS therapeutics.

solvonis.com | LinkedIn | X (Twitter)

Director/PDMR MAR disclosures

The following notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Carter

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Solvonis Therapeutics Plc

b)

LEI

2138005PH7OJRCRPUD88

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.001 each in Solvonis Therapeutics Plc

Identification code (ISIN) for Solvonis Therapeutics Plc ordinary shares: GB00BMD1Z199

b)

Nature of the transaction

Issue of Long Term Incentive Plan (‘LTIPs’)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0034

21,000,000

d)

Aggregated information:

– Aggregated volume

– Price

N/A

e)

Date of the transaction

27 October 2025

f)

Place of the transaction

London Stock Exchange, XLON

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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Altech Batteries LtdSodium Nickel Chloride Batteries Outstanding Safety Destructve Testing

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Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) reports the completion of a full suite of safety self-destruction validation tests performed on its Sodium-Nickel-Chloride (SNC) battery technology. The tests were designed to simulate the most severe field hazards that can occur during storage, transport, or operation.

Highlights

– All SNC safety destruction tests successfully completed with zero thermal runaway, fire or explosion

– Extreme fire, impact, over-charge, and submersion tests confirm full mechanical and chemical stability

– SNC cells remained sealed and intact after 850degC gasoline fire for 30 minutes

– Rod penetration and water exposure produced only harmless steam; no violent reactions observed

– Ten-metre drop and 48 km/h crash caused minor dents, no leakage or rupture

– Module endured 2.5h saltwater immersion without any external reaction or voltage loss

– Over-charge at 145% nominal voltage showed no venting, swelling, or heat generation

– Bullet impacts caused brief smoke only; structure and voltage remained stable

– Confirms SNC chemistry as one of the safest energy-storage technologies for UPS, stationery and transport applications

Across all scenarios – including direct fire exposure, rod penetration, over-charge, ballistic impact, drop test, impact test and submersion – the SNC cells and modules demonstrated exceptional chemical stability and mechanical resilience. No explosions, thermal runaways, or uncontrolled reactions were recorded in any test. The results confirm what long-term field deployments have already indicated: SNC batteries are intrinsically safe, thermally robust, and chemically contained, even when exposed to conditions far beyond those specified under international certification standards such as UL 1973, IEC 62619, and UN 38.3.

Cell Fire Exposure Test

Three fully charged SNC battery cells were subjected to a 30-minute gasoline fire reaching 850degC. Despite the extreme conditions, there was no explosion, no rupture of the cell casing, and no leakage or release of internal materials. The cells remained structurally intact throughout the test.

Module Fire Exposure Test

A hot, fully charged SNC battery module was subjected to a 30-minute gasoline fire reaching 850degC. The flames were extinguished within one minute. No explosion occurred, the cell casing remained intact, and only minor mechanical weakening was observed.

Module Rod Penetration Test

A fully charged SNC battery module was pierced with a 20mm steel rod and then exposed to water. After 23 minutes, an external reaction generated steam and a small amount of vapour, which gradually dissipated over four hours. No explosion or violent reaction occurred throughout the test.

Ten Metre Drop Test

A fully charged, operational SNC battery module was dropped from a height of 10m onto a steel pole, simulating an impact at approximately 30MPH. The test caused minor denting, but the battery casing remained intact with no rupture, leakage, or loss of structural integrity.

Module Impact Tests

A set of fully charged SNC battery packs was crash-tested by impacting a simulated utility pole at 48km/h using a vehicle. No explosion, fire, or thermal reaction occurred during or after the collision, confirming the chemistry’s strong structural integrity and inherent safety under severe impact conditions.

Module Saltwater Exposure

A fully operational Altech SNC battery module was tested under 3.5% saltwater exposure, including a full 2.5-hour submersion period.

Throughout the test, no fire, explosion, or external reaction occurred, demonstrating the system’s inherent chemical stability and sealed-cell safety even in highly conductive marine environments.

Module Overcharge Test

A fully charged SNC battery was subjected to 145% of its nominal voltage for one hour (45% higher than the UL1973) over charge limit. The test resulted in no swelling, venting, or thermal reaction, confirming the battery’s exceptional tolerance to overvoltage conditions and intrinsic electrochemical stability.

Module Bullet Impact

A fully operational SNC battery was struck by both shotgun and rifle rounds during ballistic testing. The impacts produced only brief, minor smoke with no ignition, fire, or explosion. The cell structure remained stable, confirming the chemistry’s exceptional tolerance to extreme mechanical abuse.

INTERPRETATION OF RESULTS

These cumulative tests reinforce the SNC system’s fundamental safety principles:

– Solid-state architecture – No liquid electrolyte or polymer separator that can burn, leak, or decompose.

– Low internal pressure – No gas generation under over-charge or thermal stress.

– Ceramic isolation – The B-alumina solid electrolyte maintains ionic conduction but blocks electrons, preventing short-circuit propagation.

– Sealed stainless-steel casing – Provides complete containment and mechanical strength even under severe deformation.

– Self-regulating chemistry – Sodium and nickel-chloride redox couples exhibit natural equilibrium limits, preventing energy overshoot or dendrite formation.

Unlike lithium-ion or lead-acid systems, which rely on organic electrolytes and pressure-relief vents, SNC modules remain hermetically sealed for their entire service life, eliminating risks of gas venting, electrolyte ejection, or thermal propagation.

Altech Managing Director Iggy Tan commented:

‘These independent abuse tests confirm what long-term field data has been telling us for years – our sodium-nickel-chloride technology batteries produced by partner company AMPower, are exceptionally safe. Even under direct fire, impact, or over-voltage, the cells remain sealed and stable. This level of intrinsic safety is a major differentiator for Altech. As global energy-storage installations increase near population centres and critical infrastructure, regulators and customers are demanding non-flammable chemistries. SNC meets that demand today.’

‘We are proud to demonstrate that our SNC batteries can endure conditions well beyond certification limits while maintaining integrity and performance. This gives confidence to partners, insurers, and end-users that SNC systems deliver not only long cycle life and temperature tolerance but also unmatched safety’.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/Z0IWE35J

About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

Source:
Altech Batteries Ltd

Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

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Shutdown crushes small business owners as losses hit billions — industry leaders beg Congress for ‘clean CR’

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Small business owners are losing billions in funding due to the government shutdown, with industry leaders publishing a letter Monday demanding lawmakers pass a ‘clean CR’ and reopen the federal government. 

‘On behalf of our organizations representing millions of entrepreneurs and small business owners, we are calling on U.S. Senators to put an end to the instability and hardship by passing a clean continuing resolution, which will allow negotiations to continue on spending measures moving through Congress, including the future of the COVID credits that will expire at year-end,’ a letter addressed to U.S. senators across the board and first obtained by Fox News Digital states. ‘The viability of thousands of small businesses is at risk due to the shutdown, and it is unacceptable that the livelihoods of owners and their employees are being sacrificed for spending demands that can be resolved through regular order.’ 

The letter was signed by six industry groups, including the Family Business Coalition, International Franchise Association, Job Creators Network, National Association of Wholesaler-Distributors, National Restaurant Association and the Small Business & Entrepreneurship Council. 

The government shut down Oct. 1 after Senate lawmakers failed to reach a funding agreement before a midnight deadline. Leaders of both political parties have since cast blame for the shutdown on each other, with Republicans arguing Democrats sought taxpayer-funded medical benefits for illegal immigrants in their legislation, while Democrats have denied the accusation and claimed Republicans won’t join the negotiation table on healthcare for citizens. 

The letter urged lawmakers to reopen the government while pointing to a handful of examples of how Americans are suffering due to the shutdown, including small business owners losing out on billions in funding. 

‘According to the (Small Business Administration), 4,800 small businesses have been blocked from receiving $2.5 billion in capital since the start of the shutdown,’ the groups warned. ‘Every day the shutdown continues means another 320 small businesses will not have access to the SBA-backed commercial loans these businesses were counting on for expansion and growth. Hundreds of thousands of workers are impacted by the suspension through furloughs, reduced jobs and wages, along with missed opportunities for local economies.’  

The Small Business Administration released data earlier in October showing 320 small business owners have lost $170 million in funding each day due to the shutdown, which has resulted in at least $2.5 billion in funding that cannot be delivered to business owners. 

White House spokeswoman Taylor Rogers told Fox Digital that the ‘Democrat shutdown’ has caused ‘chaos’ that is gripping business owners no matter the size of the company. 

‘From Wall Street to Main Street, the Democrat shutdown has generated unnecessary chaos and economic uncertainty. Millions of small businesses and entrepreneurs have made it very clear — it is time for Senate Democrats to pass the clean continuing resolution, reopen the government, and stop using Americans as ‘leverage’ for their radical policies,’ Rogers said. 

The letter added that disruptions to air travel and air traffic controller shortages have affected business owners and consumers, alike, and that small business owners are feeling the pinch of ‘ever-increasing costs and diminishing choices’ as they relate to healthcare coverage. 

‘With respect to the rising cost of health insurance premiums, small businesses have been the hardest hit by years of ever-increasing costs and diminishing choices. Premium tax credit expiration represents only a fraction of the reason why many small businesses are seeing hefty premium increases for next year. Lowering costs and increasing affordable choices will be resolved through comprehensive reforms that need to be addressed by Congress and state legislatures. Congress must commit to this important task as well,’ the letter stated. 

‘The effects of the shutdown will only grow wider with each passing day unless the Senate acts. Passing a clean CR is a smart, responsible, and bipartisan course of action. It will provide certainty for small business owners, employees and workers who are counting on actions from their elected officials that produce certainty and stability. We urge every Senator to support a clean CR that allows the appropriations process to move forward to ensure the federal government remains open and operational,’ the letter said. 

The shutdown currently does not have an end in sight. Democrats such as Senate Minority Leader Chuck Schumer are taking issue with Trump traveling to Asia this week to meet with foreign leaders. 

‘Americans deserve a government that works as hard as they do — not a leader that flies away from responsibility at the time they need one most,’ Schumer said Friday. 

Speaker of the House Mike Johnson, when asked about Schumer’s remarks, told the media Monday that ‘President Trump has entrusted us to fix this because this is an Article I branch problem.’

‘The president tried his best, he brought them in before all this madness started, and Chuck Schumer and Hakeem Jeffries effectively told him to jump in the Potomac,’ Johnson said, CBS News reported. ‘So it’s up to the Democrats, everybody knows that. The president said he’ll meet with them on any issue under the sun. We’re delighted to talk about it, but they have to get the government reopened first.’


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Hamas says it will hand over another hostage body, as Trump’s 48-hour warning looms

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Hamas says it will hand over another body of an Israeli hostage on Monday, as President Donald Trump’s 48-hour deadline looms.

If the latest body is handed over, Hamas will still have the bodies of 12 Israeli hostages in its custody. Trump’s deadline will expire Monday night. Hamas has made no mention of the identity of the deceased hostage set to be released.

‘Within the framework of the Al-Aqsa Flood prisoner exchange deal, the Martyr Izz El-Din Al-Qassam Brigades will hand over the body of one of the occupation prisoners, which was recovered today in the Gaza Strip, at 9 PM Gaza time,’ Hamas announced in a statement.

Trump acknowledged on social media Saturday that some of the deceased hostages are ‘hard to reach.’

‘Some of the bodies are hard to reach, but others they can return now and, for some reason, they are not,’ Trump wrote in a Truth Social post. ‘Perhaps it has to do with their disarming, but when I said, ‘Both sides would be treated fairly,’ that only applies if they comply with their obligations. Let’s see what they do over the next 48 hours. I am watching this very closely.’

Hours before Trump’s post, Secretary of State Marco Rubio and U.S. Ambassador to Israel Mike Huckabee met with the families of Itay Chen and Omer Neutra, two U.S. citizens who were killed in the Oct. 7, 2023 attacks.

Their bodies are among those still being held by Hamas.

‘We will not forget the lives of the hostages who died in the captivity of Hamas,’ Rubio wrote in an X post. ‘We will not rest until their—and all—remains are returned.’

Authorities believed Chen, a 19-year-old dual U.S.-Israeli citizen, was kidnapped by Hamas on Oct. 7, 2023, but was later declared dead by the Israel Defense Forces (IDF).

Huckabee noted Rubio’s visit to Israel was ‘very productive in moving forward’ the U.S.-brokered Gaza peace plan, adding the plan cannot work until all hostages, living and deceased, are released.

Fox News’ Alexandra Koch contributed to this report.


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Federal workers brace for missed paycheck as shutdown enters 5th week

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Washington is barreling into its fifth week of a government shutdown, and despite a handful of payday deadlines for federal workers fast-approaching, there’s been little progress made toward turning the lights back on.

The Senate is expected to again vote on a House-passed plan to reopen the government this week but has failed to advance the continuing resolution (CR) 12 times.

As before, the legislation — which would reopen the government until Nov. 21 — is expected to fail again. The same dispute that triggered the shutdown nearly a month ago remains unresolved.

Senate Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., want an ironclad deal to extend expiring Obamacare premium subsidies, while Senate Republicans want to address the issue only after the government is reopened.

Senate Majority Leader John Thune, R-S.D., argued that Democrats’ position had little to do with the actual premium tax credits, nor a desire for negotiations.

‘It’s politics,’ he said.

‘Well, they’d like you to believe that it’s about healthcare,’ he said on the Senate floor last week. ‘It’s not. Republicans have been perfectly clear that we’re willing to have a discussion about healthcare, just not while government funding is being held hostage and all the federal employees that come with that. So if this were really about healthcare, Democrats would be voting in favor of the clean CR as the quickest way to reopen the government.’

In the meantime, payday deadlines for air traffic controllers, military service members, and a funding cliff for federal nutrition assistance programs are right around the corner.

Air traffic controllers are expected to miss their first full paycheck on Tuesday after being partially paid earlier this month.

Senate Commerce, Science and Transportation Chair Ted Cruz, R-Texas, has a bill that would fill that funding gap that is expected to be put on the floor for a vote this week. However, Senate Majority Leader John Thune, R-S.D., has not yet teed it up.

Then there is the military payday coming on Oct. 31. President Donald Trump previously moved around billions in funding to cover troops’ paychecks earlier this month, but that money is not expected to cover this upcoming pay cycle.

Sen. Ron Johnson’s, R-Wis., bill to pay troops and ‘excepted’ federal workers — meaning federal workers who are currently working during the shutdown but not being paid — was blocked by Senate Democrats last week.

However, there is an effort between Johnson and Sen. Chris Van Hollen, D-Md., to bring a new version of the bill to the floor. Van Hollen also tried to get his own bill to pay federal workers and troops on the floor last week but was blocked in the process.

Van Hollen, like other Senate Democrats, warned that Johnson’s version of the bill would allow Trump and Office of Management and Budget (OMB) Director Russ Vought a ‘blank check as to who they’re going to send home and who they’re going to punish by not paying.’

‘Not one of our federal employees, service members, or contractors deserves to be punished for this government shutdown,’ Van Hollen said in a statement to Fox News Digital. ‘I’m continuing to work to make sure they’re not.’

And on Nov. 1, the same day as the beginning of open enrollment for Obamacare, funding for food stamps, or the Supplemental Nutrition Assistance Program (SNAP), is expected to run out.

Meanwhile, Senate Democrats received another blow to their unified front as the shutdown drags on from an outside ally that donates millions of dollars to Democratic political action committees and candidates.

The American Federation of Government Employees, the largest union of federal employees in the nation that represents over 800,000 workers, demanded that Democrats swallow the Republicans’ clean CR to reopen the government.

Everett Kelley, president of the massive union, said in an open letter on Monday that the best path forward was to, ‘Reopen the government immediately under a clean continuing resolution that allows continued debate on larger issues,’ and ensure that every federal employee that has been working or furloughed under the shutdown receive back pay.

‘Because when the folks who serve this country are standing in line for food banks after missing a second paycheck because of this shutdown, they aren’t looking for partisan spin,’ Kelley said. ‘They’re looking for the wages they earned. The fact that they’re being cheated out of it is a national disgrace.’

‘It’s long past time for our leaders to put aside partisan politics and embrace responsible government,’ he continued. ‘A strong America requires a functioning government — one that pays its bills, honors its commitments, and treats its workforce with respect by paying them on time.’


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PMET Releases Lithium-Only Feasibility Study for Shaakichiuwaanaan in Québec

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PMET Resources (ASX:PMT, TSX:PMET,OTCQX:PMETF) has completed a lithium-only feasibility study on the CV5 deposit of its Shaakichiuwaanaan lithium project in Northern Québec.

The company said the feasibility study confirms the project is a large-scale and long-life operation, with CV5’s probable maiden mineral reserve estimated at 84.3 million metric tons at 1.26 percent lithium oxide.

That amounts to about 2.62 million metric tons of lithium carbonate equivalent.

Results also show that there is potential to upgrade and expand resources at CV5 and the nearby CV13 deposit.

CV13 currently holds a mineral resource, inclusive of reserves, of 108 million metric tons at 1.4 percent lithium oxide in the indicated category, and 33.4 million metric tons at 1.33 percent lithium oxide in the inferred category.

“Our large scale and long-life project is ideally suited to support the emerging American, European, and Asian lithium raw materials supply chains,” commented CEO and President Ken Brinsden.

“There are very few projects of this size & scale, quality, and low production cost that can assist in underwriting the expected capital investment supporting new supply chains and demand growth in western markets.”

Located in Québec’s Eeyou Istchee James Bay region, Shaakichiuwaanaan is recognized as the largest lithium pegmatite mineral resource in the Americas, as well as one of the top 10 globally.

PMET is targeting a final investment decision for Shaakichiuwaanaan for the second half of 2027, hoping that “the overall market supply-demand balance tightens over the coming years.”

It is expected to produce 800,000 metric tons per year of SC5.5 spodumene concentrate once at full capacity.

About 20 percent of the jobs created at Shaakichiuwaanaan will be allotted to workers at the Cree territory.

PMET was formerly Patriot Battery Metals. The company officially changed its name in September.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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