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Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; ‘BRW’ or the ‘Company’) is pleased to announce it has identified three new high priority lithium targets (area A, B and C in Figure 1) at the Anatacau Main Project, where drilling is currently underway, located in the Eeyou-Istchee James Bay region of Quebec. The Project is strategically situated 22 kilometers east and along strike of a major proven lithium-bearing structural corridor also hosting Rio Tinto’s Galaxy Project and Brunswick’s Anatacau West Project.

Mr. Killian Charles, President and CEO of BRW, commented: ‘Anatacau is rapidly proving to be one of the most exciting projects in our portfolio alongside Mirage with the addition of these seven potential spodumene showings within larger packages of highly evolved and favorable pegmatites. These high priority targets were the result of additional compilation work in preparation for the ongoing drill program and highlight the significant exploration potential of the Project. Following the drill program at Anais, Brunswick will commence a major prospecting campaign to rapidly evaluate these new targets once ground conditions permit field activities.’

Figure 1: Anatacau Project Location

Anatacau Project Location

Anais Discovery Targets

Between two and five kilometers south of the Anais showing where the Company is currently drilling, three unverified spodumene showings were identified through compilation work. These showings significantly expand the exploration potential surrounding the Anais discovery (area A in Figure 1). Over 200 pegmatite outcrops have been identified through satellite imagery in this area with the largest measuring approximately 500 by 200 meters.

Newly Staked Targets

Contiguous and located immediately west to the Anatacau Main Project, BRW recently completed staking covering an additional three unverified spodumene showings and 150 pegmatite outcrops (area B in Figure 1). The largest identified outcrop measures 800 by 100 meters. It is possible that the potential spodumene showings, alongside the southern most targets in area A, form a new secondary trend to the lithium-bearing structural corridor hosting Rio Tinto’s Galaxy Project and Brunswick’s Anais showing.

Pontax Trend Targets

The Pontax trend is an emerging major NE–SW regional lithium-bearing structural corridor extending over 20 kilometers across the southern portion of the Anatacau Property. Brunswick Exploration has identified over 13 highly fractionated pegmatites with highly favorable K/Rb ratios (below 30 and as low as 14) and mineralogy within the Pontax trend (area C in Figure 1) within over 90 pegmatite outcrops where the largest visible outcrop measures approximately 200 by 50 meters. These high priority targets neighbor one potential spodumene showing controlled by BRW. This corridor continues to the southwest where it hosts Cygnus Metals’ Pontax Lithium Project and Li-FT Power’s Pontax Project.

Figure 2: BRW Quebec Portfolio

BRW Quebec Portfolio

Qualified Person

The scientific and technical information related to this press release has been reviewed and approved by Mr. Francois Goulet, Manager Quebec. He is a Professional Geologist registered in Quebec.

About Brunswick Exploration Inc.

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing the most extensive grassroots lithium property portfolio in Canada, Greenland and Saudi Arabia underpinned by its Mirage project, one of the largest undeveloped hard-rock lithium Inferred Mineral Resource Estimate in the Americas, with 52.2Mt grading 1.08% Li2O.

Investor Relations/information

Mr. Killian Charles, President and CEO

Phone: 514 861 4441

Email: info@BRWexplo.com

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

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation’s public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/6985a3b1-4935-444b-bd32-c2e863c7589d

https://www.globenewswire.com/NewsRoom/AttachmentNg/cf443a7e-9e6b-4d60-8c42-a6a800621327

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President Donald Trump’s newly created Board of Peace is set to hold its first meeting Thursday, with administration officials and participating countries framing the gathering as a step toward implementing the next phase of the Gaza ceasefire and reconstruction effort rather than a moment likely to deliver an immediate breakthrough.

White House spokesperson Anna Kelly said in a statement, ‘President Trump is proud to welcome representatives from more than 40 nations to the Donald J. Trump Institute of Peace on Thursday for a major announcement on Board of Peace actions aimed at establishing enduring peace in the Middle East. Since the president and his team ended the war between Israel and Hamas last October, we have maintained the ceasefire, delivered historic levels of humanitarian aid, and secured the return of every living and deceased hostage. The Board of Peace will build on that progress and prove to be the most consequential international body in history.’

At least 40 countries are expected to attend the inaugural session in Washington, where Trump is slated to chair discussions on a multibillion-dollar reconstruction framework, humanitarian coordination and the potential deployment of an international stabilization force.

Officials said representatives will come from across Europe, the Middle East, Asia and Latin America, and speakers are expected to include President Trump, Secretary of State Marco Rubio, Jared Kushner, Tony Blair, Ambassador Mike Waltz, Special Envoy Steve Witkoff, High Representative Nickolay Mladenov and other participants.

Trump unveiled the initiative at the World Economic Forum in Davos last month. Initial members include the United Arab Emirates, Saudi Arabia, Egypt, Qatar, Bahrain, Pakistan, Turkey, Israel, Hungary, Morocco, Kosovo, Albania, Bulgaria, Argentina, Paraguay, Kazakhstan, Mongolia, Uzbekistan, Indonesia and Vietnam.

On Sunday, Trump said members of the initiative had already pledged $5 billion toward rebuilding Gaza and would commit personnel to international stabilization and policing efforts. ‘The Board of Peace will prove to be the most consequential international body in history, and it is my honor to serve as its Chairman,’ Trump wrote in a social media post announcing the commitments.

Italy’s foreign minister, Antonio Tajani, has announced a plan to train a future Gaza police force, while Indonesia has committed thousands of troops to a prospective international stabilization mission expected to deploy later this year.

The United Arab Emirates, a founding participant in the initiative, said it plans to continue its humanitarian engagement in Gaza.

‘The UAE remains committed to scaling up its humanitarian efforts to support Palestinians in Gaza and to advancing a durable peace between Israelis and Palestinians,’ the UAE Ministry of Foreign Affairs said in a statement, noting its role as a founding member of the Board of Peace and part of the Gaza Executive Board.

Even as Gulf and regional partners signal willingness to fund humanitarian needs, long-term reconstruction remains tied to security conditions on the ground.

Disarmament remains the central test

Analysts say the meeting’s significance will hinge less on headline announcements and more on whether participants align on the unresolved core issue shaping Gaza’s future: Hamas’ disarmament.

Ghaith al-Omari, a senior fellow at the Washington Institute, argued the meeting’s credibility will depend on whether participants coalesce around a clear position on disarmament. ‘Unless there is going to be a joint statement coming out of it that clearly says Hamas has to disarm — to me the meeting would be a failure,’ he said, because it would show ‘the U.S. cannot get everyone on the same page.’

Funding is also expected to dominate discussions, though diplomats and analysts caution that pledges may not translate quickly into large-scale reconstruction.

‘We’re going to see pledges,’ al-Omari told Fox News Digital, ‘with a footnote that a pledge does not always translate to deliverables,’ urging attention to which countries commit funds and whether the money is earmarked for humanitarian aid, stabilization or long-term rebuilding.

John Hannah, a senior fellow at the Jewish Institute for National Security of America (JINSA), also cautioned that early financial pledges are unlikely to translate into immediate large-scale reconstruction. ‘I can’t imagine that much of that initial pledge or any of it is going to actual long-term or even medium-term reconstruction of Gaza. Just too many parties won’t support it, pending actual progress on the core question of disarmament and demilitarization of Hamas,’ he said.

Hannah added that the financing challenge remains enormous. ‘It’s been a major outstanding question: How are you going to fund this tremendous bill that is going to come due over the course of the next several years?’ he said. ‘I’ve been watching this now for 35 years, and if I had $100 for every time a major Arab country pledged support for the Palestinians but not delivered, I’d be a relatively wealthy man.’

Netanyahu signs on despite Turkey, Qatar tensions

The initiative has also highlighted political tensions surrounding Israel’s participation, particularly given the involvement of Turkey and Qatar.

Israeli Prime Minister Benjamin Netanyahu signed on to the agreement last week during a meeting with Secretary of State Marco Rubio, placing Israel formally inside the framework despite earlier Israeli objections to Ankara and Doha playing a central role in Gaza’s future.

Hannah said Netanyahu’s decision reflects strategic calculations tied to Washington. ‘I think the prime minister doesn’t want to anger the president. He’s prioritizing his really good strategic relationship with Trump over this tactical difference over Turkey and Qatar,’ he said. ‘The prime minister is just making a basic calculation of where Israel’s interests lie here and trying to balance these competing factors.’

European allies raise legal concerns

Beyond Gaza, the initiative has sparked concern among European allies, many of whom have declined to join the board.

European officials told Fox News Digital the group’s charter raises legal and institutional questions and may conflict with the original U.N. framework that envisioned a Gaza-focused mechanism.

Speaking at the Munich Security Conference, European leaders argued the Board of Peace’s mandate appears to diverge from the U.N. Security Council resolution that initially supported a Gaza-specific body.

European Union foreign policy chief Kaja Kallas said the resolution envisioned a time-limited structure tied directly to Gaza and to the U.N., but that the board’s current charter no longer reflects those provisions. ‘The U.N. Security Council resolution provided for a Board of Peace for Gaza… it provided for it to be limited in time until 2027… and referred to Gaza, whereas the statute of the Board of Peace makes no reference to any of these things,’ she said. ‘So I think there is a Security Council resolution but the Board of Peace does not reflect it.’

In response, U.S. Ambassador to the United Nations Mike Waltz criticized what he described as excessive concern over the initiative and argued the status quo in Gaza was unsustainable, and attacked what he said was ‘hand-wringing’ about the Board of Peace — saying the cycle of war with Hamas in control had to be broken.

Not a replacement for the United Nations

Despite European unease, analysts say the Board of Peace is unlikely to replace the U.N. system.

Al-Omari dismissed the idea that the initiative poses a serious institutional challenge, arguing that major powers remain deeply invested in the existing multilateral structure.

Hannah agreed, saying the administration appears to view Thursday’s meeting primarily as incremental progress rather than any kind of major breakthrough. ‘The way the administration is looking at this is just another sign of continued progress and momentum, rather than any kind of major breakthrough,’ he concluded.


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The Congressional Budget Office just released its newest budget outlook. It isn’t pretty. The 2026 deficit is projected to hit $1.9 trillion and grow to $3.1 trillion in 2036. America’s slow-moving debt crisis shows no signs of waning.

But this isn’t solely a fiscal problem. It also has an unappreciated monetary dimension. If we’ve learned anything from the inflation surge of 2021–22, it’s that the boundary between fiscal and monetary policy can dissolve much faster than many economists once assumed. We had better come to terms with this quickly, or else money mischief and fiscal folly will become our new normal.

For years, concerns about “fiscal dominance” were largely theoretical possibilities discussed in graduate seminars. Things have changed. The pandemic response showed how fast large deficits and central bank balance sheets can become intertwined. Inflation is the most obvious consequence, but by no means the only one — nor perhaps even the most severe.

In normal times, monetary policy and fiscal policy are institutionally separate. Congress and the White House decide how much to tax and spend. The Federal Reserve controls the money supply and targets interest rates to stabilize prices and employment. The Fed is said to be “independent” because it can tighten policy even if doing so makes government borrowing more expensive. In truth, the Fed is not independent from political oversight. But this basic story is still a reasonable approximation of day-to-day operations.

Fiscal dominance flips that relationship. It occurs when large government deficits and debt burdens effectively constrain the central bank’s choices. Instead of focusing on price stability, the central bank must consider the government’s financing needs. Major monetary tightening might restore price stability, but it also drives up debt-service costs. If deficits are large enough and persistent enough, monetary policy becomes collateral damage.

We recently watched this happen in real time. In 2020 and 2021, Congress enacted extraordinary pandemic relief packages totaling trillions of dollars. Deficits reached levels not seen outside of world wars. At the same time, the Federal Reserve expanded its balance sheet dramatically, purchasing massive quantities of Treasury securities. The central bank defended these actions as necessary to stabilize financial markets. But the effect was unmistakable: deficits were effectively monetized.

To “monetize” a deficit means the central bank creates reserves to buy government debt, increasing the monetary base. When that expansion is large and persistent, it can spill into broader money growth, and hence aggregate demand. The result, combined with supply constraints and stimulus checks, was predictable: inflation climbed to 9 percent by mid–2022, the highest in four decades.

Yes, supply chains were tangled. Yes, transportation and energy prices spiked. But inflation of that magnitude required excess demand. And excess demand requires excess money and credit. The main culprit was the central bank’s financing of massive government spending.

The Fed ultimately reversed course, raising its interest rate target aggressively in 2022 and 2023. Inflation came down, but the damage was done. Fiscal matters have deteriorated even further since then.

Federal debt held by the public is near 100 percent of GDP. Annual deficits are projected to remain elevated for the foreseeable future, driven not by temporary emergencies but by structural imbalances: entitlement spending, demographic pressures, and insufficient revenues. With the low interest rates of the 2010s behind us for the foreseeable future, interest payments on the debt are becoming one of the fastest-growing components of federal spending.

That matters immensely for monetary policy. When rates rise, the Treasury must refinance maturing debt at higher yields. Higher yields mean higher annual interest costs. Higher interest costs mean larger deficits — which require more borrowing. The problem compounds.

In this unstable environment, the temptation to lean on the central bank becomes nearly irresistible. Political leaders may not explicitly demand monetization. But they don’t have to. Central bankers feel the pressure implicitly. When debt levels are high, tight monetary policy becomes fiscally painful.

Fiscal dominance subjugates monetary policy to political, and often partisan, needs. If markets begin to suspect that the Fed will ultimately accommodate deficits to avoid fiscal strain, inflation expectations can drift upward. Investors demand higher risk premia. The cost of stabilizing prices rises further.

The United States is by no means doomed. It has great productive capacity, deep capital markets, and global reserve-currency status. But those safeguards are not foolproof. At most, they are well-built storm walls — but the waves can topple them if they’re big enough.

Thanks not merely to an excessive pandemic response but also to decades of profligacy, the barrier between fiscal demands and monetary accommodation is getting very thin. Crossing it will create major economic pain. Once inflation takes hold, restoring credibility is expensive. And subjugating financial markets to government spending ambitions will destroy large amounts of wealth by diverting capital from productive to unproductive projects.

Sound money ultimately requires sound public finances. A central bank cannot permanently offset fiscal excess without courting inflation and facilitating economy-wide allocation problems. Nor can it remain focused on price stability if tightening policy threatens fiscal sustainability.

Only Congress can fix this. There’s no option besides spending less. If that sounds ominous, it should. The legislature has shown no appetite for any kind of fiscal reform. Yet any portfolio of policies to solve the problem must include it. So long as elected officials continue to treat the public purse with contempt, price stability and economic efficiency are at risk.

The finale of Stranger Things leaves viewers with an emotional cocktail: relief, nostalgia, bittersweet satisfaction — and perhaps confusion. What became of the military personnel and the compound? More puzzling, though, is a quieter moment near the end, when young adventurers Nancy, Robin, Steve, and Jonathan sit on a roof, reaffirming their friendship and readying themselves for adulthood. As a business professor and big fan of the show, I found myself frustrated when Jonathan shared his aspiration to make an “anti-capitalist” film. It is an odd note to strike in a series that has consistently portrayed markets and material progress in a largely positive light.

At its core, Stranger Things is a story about resisting control and reclaiming agency. Whether it is Vecna using people as vessels, government scientists exploiting children, Soviet agents operating through secrecy and force, or public-school systems enforcing conformity, the show repeatedly affirms the idea that no one has the right to commandeer another’s life. Free choice — and the defense of what one values — is treated as paramount. In the final episode, viewers are invited to cheer for better opportunities ahead for an unlikely band of friends.

Only a market-based system can enable progress, which is why Jonathan’s anti-capitalist stance feels so misplaced. Take Season 3, for instance, when capitalism was quite clearly on display. In “Chapter 8: The Battle of Starcourt,” Soviet agents operate in secrecy and with force in an underground base beneath a Midwestern shopping mall. The symbolism is unmistakable: a closed, authoritarian system hidden below an open commercial space. Above ground are voluntary exchange and decentralized activity; below ground are coercion and centralized control. The contrast could not be clearer.

Starcourt Mall itself is not depicted as a moral failing or cultural wasteland. It is where teenagers shop, socialize, and work. Steve’s friendship with Robin begins at Scoops Ahoy, their shared place of employment. Where we work, what we consume, and the process of an exchange or transaction often creates opportunities for human connection. Moreover, commerce facilitates responsibility, independence, and individuality.

Capitalism is featured throughout Stranger Things in the mundane choices that allow the characters to form identities and solve problems. From Nike sneakers and Members Only jackets to New Coke, cassette tapes, and record stores, the characters signal belonging, rebellion, and aspiration through what they wear and listen to. Max’s favorite song, “Running Up That Hill (A Deal with God)” by Kate Bush, became a favorite of many Stranger Things fans and went viral globally 40 years after its 1985 debut.

Consumer choices are expressive, not imposed: markets supply options rather than dictate meaning. Actually, Eleven’s attachment to Eggo waffles is a particularly telling example. It is not trivial product placement, but a symbol of preference, comfort, and agency — the opposite of the sterile control she experiences in Hawkins Lab. And the trips the kids take to stores like Radio Shack underscore how decentralized markets provide the tools for experimentation and creativity. The kids do not wait for institutions to rescue them; they buy, build, and improvise.

The finale reinforces this theme through Jim Hopper and Joyce Byers (Jonathan’s mother). Hopper shares news of a new job opportunity that offers better pay, more stability, and closer proximity to Joyce’s sons. The optimism that Hopper and Joyce share in that scene is not abstract or ideological; it is material. Hopper splurges on caviar and wine to celebrate, taking pleasure in providing for the woman he loves. Joyce, who spent much of the series barely scraping by, can finally imagine a life with less struggle.

For years, Joyce worked long hours at a convenience store for little pay, while Hopper stagnated in a run-down cabin, bored by routine policing duties. In the finale, both choose differently. Their desire to flourish is about wages, mobility, and the possibility that the past need not determine the future. Capitalism does not guarantee success, but it does make advancement possible through skill, effort, and risk-taking.

Even Jonathan’s own future rests on this foundation. He plans to pursue film studies in New York City, one of the world’s most dynamic cultural capitals because of its long history of entrepreneurship and consumer-driven growth. The creative freedom he seeks exists precisely because the city tolerates experimentation, dissent, and failure — though recent political shifts may test that tolerance.

Jonathan’s artistic ambitions, in fact, are enabled by capitalism. Creative industries thrive where property rights are secure and exchange is voluntary. The freedom to make an “anti-capitalist” film is itself a market luxury — possible because capitalism does not demand ideological conformity. Markets are social institutions, coordinating human plans without centralized command.

After seasons of interdimensional monsters and Cold War paranoia, Stranger Things ends by celebrating ordinary wins: better jobs, safer communities, chosen relationships, and the freedom to plan a life worth living. That makes Jonathan’s anti-capitalist declaration all the more puzzling. The true villains of Stranger Things are not found in market-based systems, but in systems of enforced coercion, stagnation, and the denial of choice. In reminding us how precious freedom is, the series inadvertently reveals an uncomfortable truth: capitalism is not the obstacle to the lives its characters imagine — it is the condition that makes those lives possible.

A South Korean court sentenced former President Yoon Suk Yeol to life in prison Thursday for leading an insurrection after declaring martial law in December 2024.

Yoon was found guilty of abuse of authority and masterminding the insurrection.

Yoon, 65, denied the charges and argued that he had presidential authority to declare martial law and that his action was aimed at sounding the alarm over opposition parties’ obstruction of government.

Prosecutors said in January that Yoon’s ‘unconstitutional and illegal emergency martial law undermined the function of the National Assembly and the Election Commission … actually destroying the liberal democratic constitutional order.’

Yoon’s attempt to impose martial law lasted roughly six hours, sparking mass street protests before parliament quickly voted it down.

Under South Korean law, masterminding an insurrection carries a maximum sentence of death or life imprisonment. Prosecutors hadsought the death penalty.

While courts last imposed a death sentence in 2016, South Korea has not carried out an execution since 1997.

Yoon is expected to appeal the ruling.

Yoon faces eight ongoing trial proceedings and was already given a five-year prison sentence last month in a separate case on charges including obstructing authorities’ attempts to arrest him following his martial law declaration. He has appealed that sentence.

Reuters contributed to this report.


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A Washington, D.C., grandmother who lost her grandson to gun violence delivered a fiery defense of President Donald Trump during a Black History Month celebration Wednesday at the White House.

Forlesia Cook’s grandson, Marty William McMillan Jr., was killed in 2017 at the age of 22. Cook has since spoken publicly about the loss, including testifying before Congress about his killing.

After Trump invited Cook to say a few words at the event, she used the moment to defend him, urging critics to ‘get off the man’s back.’

‘I love him, I don’t want to hear nothing you got to say about that racist stuff,’ she said. ‘And don’t be looking at me on the news, hating on me because I’m standing up for somebody that deserves to be standing for.’

Cook’s voice grew louder as she continued.

‘Get off the man’s back,’ she said. ‘Let him do his job. He’s doing the right thing. Back up off him.’

She ended her remarks by declaring, ‘And grandma said it.’

The East Room crowd erupted in applause and cheers.

Trump appeared to welcome the praise, joking that she should run for public office.

‘Wow, that’s pretty good,’ Trump said. ‘When is she running for office? Forlesia, when are you running for office? You have my endorsement.’

Cook also thanked Trump for calling the National Guard to the capital and praised his tough-on-crime approach.

‘One thing I like about him, he keeps it real, just like grandma,’ she said. ‘I appreciate that because I can trust him.’

The White House event marked the annual celebration of Black History Month.

Trump also addressed the death of the Rev. Jesse Jackson, saying, ‘I wanted to begin by expressing a sadness at the passing of a person who was, I knew very well, Jesse was a piece of work. He was a piece of work, but he was a good man.’

‘I just want to pay my highest respects to Reverend Jesse Jackson,’ Trump added, calling him ‘a real hero’ and saying, ‘he really was special, with lots of personality, grit and street smarts.’

The president also announced that former Housing and Urban Development (HUD) Secretary Ben Carson would receive the Presidential Medal of Freedom.

Fox News Digital’s Jasmine Baehr contributed to this report.


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Genesis Minerals (ASX:GMD,OTCPL:GSISF) has struck a recommended deal to acquire Magnetic Resources (ASX:MAU) in a transaction that would add more than 2 million ounces of high-grade gold to its Laverton inventory and reshape its production growth outlook in Western Australia.

Under a binding Scheme Implementation Deed announced Tuesday (February 17), Genesis will acquire 100 percent of Magnetic via a court-approved scheme of arrangement. The offer values Magnetic at approximately US$450 million on a fully diluted basis.

At the centre of the deal is Magnetic’s flagship Lady Julie gold project in the Laverton region, which hosts a mineral resource of approximately 2.2 million ounces grading 1.8 grams per tonne (g/t) gold, and ore reserves of around 1 million ounces at 1.7 g/t. The project sits roughly 20 kilometres from Genesis’ operating 3 million tonne per annum Laverton mill.

“This transaction creates substantial value for both groups of shareholders, delivering genuine synergies while combining the right assets with the right people,” Genesis Executive Chair Raleigh Finlayson said.

“Magnetic’s Lady Julie Gold Project will add more than 2Moz at an attractive high grade to Genesis’ Laverton inventory, further bolstering the mine life and production outlook.”

Lady Julie’s northern boundary adjoins ground recently acquired by Genesis through its purchase of Focus Minerals’ (ASX:FML,OTCPL:FCSUF) Laverton gold project, creating the potential to integrate what would otherwise be neighbouring standalone developments into a larger open pit operation.

Genesis said removing tenement boundaries between the assets presents tangible cost and operational synergies. The acquisition would expand its Laverton mineral resources to approximately 8.4 million ounces, representing a 40 percent increase, and lift its pro forma total mineral resources to 21 million ounces.

The company signaled that the deal could support an uplift to its “ASPIRE 500” growth strategy, with an updated multi-year plan expected following completion.

Magnetic Managing Director George Sakalidis said the deal follows a strategic review exploring development pathways for Lady Julie: “Genesis’ offer follows a strategic review which the Board and its advisers have been working on for several years to explore potential options to collaborate with other operators which have the existing skill set or combination synergies to develop Magnetic’s discoveries and unlock value for our shareholders.’

If implemented, Magnetic shareholders would own approximately 2.4 percent of the enlarged Genesis. Major shareholders representing about 19.6 percent of Magnetic’s issued shares have already committed to vote in favour of the scheme, subject to customary conditions.

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

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Sranan Gold Corp. (CSE: SRAN,OTC:SRANF) (OTCQB: SRANF) (‘Sranan’ or the ‘Company’) continues to work towards the filing of its annual audited financial statements, management’s discussion and analysis, and CEO and CFO certifications for the fiscal year ended September 30, 2025 (the ‘Required Filings’).

The previously identified transactional complexities have been addressed, and the review of the transactions is ongoing. The principal remaining items relate to transaction accounting testing and clarification of VAT treatment in Suriname, with other minor items including tax provision calculations, confirmations, and procedural documentation. As the audit has progressed, the volume of supporting documentation has increased and is being provided to the auditor, resulting in outstanding audit items representing approximately 18%. Sranan remains in ongoing communication with its auditor to confirm any remaining documentation requirements and has committed to providing any outstanding materials promptly upon request. Sranan anticipates that the audited financial statements will be completed and filed on or before February 27, 2026.

The Required Filings were due to be filed by January 28, 2026. In connection with the anticipated delays in making the Required Filings, the Company made an application for a Management Cease Trade Order (‘MCTO‘) under National Policy 12-203 Management Cease Trade Orders (‘NP 12-203‘) to the Alberta Securities Commission, as principal regulator for the Company, and the MCTO was issued on January 29, 2026. The MCTO restricts all trading by the Company’s CEO and CFO in securities of the Company, whether direct or indirect. The issuance of the MCTO does not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.

The Company currently expects to file its interim first-quarter financial statements on or before the applicable filing due date.

Both the Company and its auditors are working diligently towards the completion and filing of the Required Filings, and the Company will provide additional updates.

The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.

For further information with respect to the MCTO, please refer to the Company’s news releases dated January 21, 2026, and February 4, 2026, available for viewing on the Company’s SEDAR+ profile at www.sedarplus.ca.

About Sranan Gold

Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company’s flagship Tapanahony Project covers 29,000 hectares in one of Suriname’s most prolific artisanal gold mining districts.

For more information, please visit http://www.sranangold.com.

For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

Forward-looking statements

Certain statements made and information contained herein may constitute ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sranan and there is no assurance that the actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as ‘anticipates,’ ‘believes,’ ‘targets,’ ‘estimates,’ ‘plans,’ ‘expects,’ ‘may,’ ‘will,’ ‘could’ or ‘would.’

This news release contains forward-looking statements, including, but not limited to, statements regarding management’s expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sranan does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.

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: This was the kind of prison break officials say could have changed the region, and perhaps even the world, overnight.

Nearly 6,000 ISIS detainees, described by a senior U.S. intelligence official as ‘the worst of the worst,’ were being held in northern Syria as clashes and instability threatened the Kurdish-led Syrian Democratic Forces, the guards responsible for keeping the militants locked away and preventing a feared ISIS resurgence. U.S. officials believed that if the prisons collapsed in the chaos, the consequences would be immediate.

‘If these 6,000 or so got out and returned to the battlefield, that would basically be the instant reconstitution of ISIS,’ the senior intelligence official told Fox News Digital.

In an exclusive interview, the official walked Fox News Digital step by step through the behind-the-scenes operation that moved thousands of ISIS detainees out of Syria and into Iraqi custody, describing a multi-agency scramble that unfolded over weeks, with intelligence warnings, rapid diplomacy and a swift military lift.

The risk, the official explained, had been building for months. In late October, Director of National Intelligence Tulsi Gabbard began to assess that Syria’s transition could tip into disorder and create the conditions for a catastrophic jailbreak.

The ODNI sent the official to Syria and Iraq at that time to begin early discussions with both the SDF and the Iraqi government about how to remove what the official repeatedly described as the most dangerous detainees before events overtook them.

Those fears sharpened in early January as fighting erupted in Aleppo and began spreading eastward. Time was running out to prevent catastrophe. ‘We saw this severe crisis situation,’ the official said.

According to the source, the ODNI oversaw daily coordination calls across agencies as the situation escalated. The official said Secretary of State Marco Rubio was ‘managing the day to day’ on policy considerations, while the ODNI drove a working group that kept CENTCOM, diplomats and intelligence officials aligned on the urgent question: how to keep nearly 6,000 ISIS fighters from slipping into the fog of war.

The Iraqi government, the official said, understood the stakes. Baghdad had its own reasons to move quickly, fearing that if thousands of detainees escaped, they would spill across the border and revive a threat Iraq still remembers in visceral terms.

The official described Iraq’s motivation bluntly: leaders recognized that a massive breakout could force Iraq back into a ‘2014 ISIS is on our border situation once more.’

The U.S. Embassy in Baghdad, the official said, played a pivotal role in smoothing the diplomatic runway for what would become a major logistical undertaking.

Then came the physical lift. The official credited CENTCOM’s surge of resources to make the plan real on the ground, saying that ‘moving in helicopters’ and other assets enabled detainees to be removed in a compressed timeframe.

‘Thanks to the efforts… moving in helicopters, moving in more resources, and then just logistically making this happen, we were able to get these nearly 6000 out in the course of just a few weeks,’ the official said.

The SDF, he said, had been securing the prisons, but its attention was strained by fighting elsewhere, fueling U.S. fears that a single breach could spiral into a mass escape. Ultimately, detainees were transported into Iraq, where they are now held at a facility near Baghdad International Airport under Iraqi authority.

The next phase, the official said, is focused on identification and accountability. FBI teams are in Iraq enrolling detainees biometrically, the official said, while U.S. and Iraqi officials examine what intelligence can be declassified and used in prosecutions.

‘What they were asking us for, basically, is giving them as much intelligence and information that we have on these individuals,’ the official said. ‘So right now, the priority is on biometrically identifying these individuals.’

The official said the State Department is also pushing countries of origin to take responsibility for their citizens held among the detainees.

‘State Department is doing outreach right now and encouraging all these different countries to come and pick up their fighters,’ he said.

While the transfer focused strictly on ISIS fighters, the senior intelligence official said families held in camps such as al-Hol were not part of the operation, leaving a major unresolved security and humanitarian challenge.

The camps themselves were under separate arrangements, the official said, and responsibility shifted as control on the ground evolved. 

According to the official, the Syrian Democratic Forces and the Syrian government reached an understanding that Damascus would take over the al-Hol camp, which holds thousands of ISIS-affiliated women and children.

‘As you can see from social media, the al-Hol camp is pretty much being emptied out,’ the official said, adding that it ‘appears the Syrian government has decided to let them go free,’ a scenario the official described as deeply troubling for regional security. ‘That is very concerning.’

The fate of the families has long been viewed by counterterrorism officials as one of the most complicated, unresolved elements of the ISIS detention system. Many of the children have grown up in camps after ISIS lost territorial control, and some are now approaching fighting age, raising fears about future radicalization and recruitment.

For now, the official said, intelligence agencies are closely tracking developments after a rapid operation that, in their view, prevented thousands of experienced ISIS militants from reentering the battlefield at once and potentially reigniting the group’s fighting force. 

‘This is a rare good news story coming out of Syria,’ the official concluded.


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