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Tavi Costa, CEO of Azuria Capital, explains where he’s looking to deploy capital right now, mentioning mining, energy and emerging markets.

‘When I apply macro analysis into markets, there’s a few things that look exceptionally cheap today that could be extremely asymmetric,’ he commented.

‘Again, I could be wrong in three of them, but if I get one right it’s going to go up.’

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

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Kharg Island, which handles the bulk of Iran’s crude exports and was once floated by President Donald Trump as a potential target could spark broader regional instability and attacks on energy infrastructure if struck by the U.S., a leading energy security expert has warned.

Reports indicate the Trump administration is weighing options that could include a direct attack on Kharg Island.

Discussing the possibility of boots on the ground amid Operation Epic Fury on ‘The Claman Countdown,’ retired Army Brig. Gen. Mark Kimmitt also told Liz Claman striking Kharg could be in the ‘offing.’

‘I don’t think a significant number of boots on the ground, other than the chance of an assault on Kharg Island, is in the offing,’ he said March 9.

Trump’s interest in the island dates back to a 1988 interview in which he reportedly suggested targeting Kharg in response to Iranian aggression, according to reports.

‘I’d be harsh on Iran. They’ve been beating us psychologically, making us look like a bunch of fools,’ Trump said. ‘One bullet shot at one of our men or ships, and I’d do a number on Kharg Island. I’d go in and take it.’

Sara Vakhshouri, a global energy analyst, said striking Kharg aligns squarely with Washington’s ‘energy dominance’ doctrine and spoke as U.S. and Israeli military action in Iran rattles energy markets and disrupts oil flows through the Strait of Hormuz.

‘Kharg currently acts as a strategic restraint point in the conflict,’ Vakhshouri, founder and president of SVB Energy International, told Fox News Digital.

‘Interrupting Iran’s main export terminal would likely trigger a major oil price spike, market instability and regional retaliation against energy infrastructure.’

Kharg’s significance is not only tactical but strategic, she added, arguing that it fits squarely within Trump’s long-touted doctrine.

The policy, central to Trump’s first term, prioritized maximizing U.S. oil and gas production, expanding exports and leveraging U.S. energy strength as a geopolitical tool.

‘But when we talk about Kharg, the most important factor is that it fits within the U.S. energy dominance concept,’ Vakhshouri said, suggesting that holding the island in reserve as a pressure point — rather than immediately striking it — may be a more strategic option.

Kharg sits in the northern Persian Gulf, roughly 15 miles off Iran’s mainland. Tankers leaving the terminal pass through the Strait of Hormuz, the narrow choke point that handles about one-fifth of global oil trade.

Around 90% to 95% of Iran’s crude and petroleum exports pass through Kharg, making it the regime’s primary oil revenue hub.

‘Roughly 15 to 20 million barrels may be in storage, with around 1.5 to 3 million barrels per day exported through the terminal during the sanctions, with export capacity up to 5 million barrels per day,’ Vakhshouri said.

‘If the export capability from Kharg were lost, this restraint could diminish, shifting the risk toward further strikes on regional energy facilities and, more importantly, prolonged disruption of oil flows and tanker traffic through the Strait of Hormuz,’ she warned.

‘Putting a price ceiling on such a scenario would depend largely on Iran’s retaliatory actions,’ Vakhshouri added.

‘The certain outcome, however, would be prolonged volatility and uncertainty in the market, driven by fears of further retaliation or an extended cycle of disruption.’

Fox News Digital has reached out to the White House for comment.


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A senior Trump administration official and former acting U.S. attorney for D.C. is under disciplinary review for his role in President Donald Trump’s anti-diversity, equity, and inclusion initiative — sparking outrage from the Justice Department, which assailed alleged ethics violations against Ed Martin as a ‘partisan’ effort, and one that unfairly targets Trump and his allies. 

The disciplinary charge, filed Friday to the D.C. Court of Appeals Board on Professional Responsibility and published Tuesday, centers on a letter sent by Martin to Georgetown Law last February while Martin was serving as interim U.S. attorney for the District of Columbia. 

Martin allegedly demanded in the letter that Georgetown Law provide information about its DEI practices and teachings, according to the ethics complaint. It states that without ‘further explanation,’ and without receiving a response from Georgetown Law, Martin then announced he would be imposing sanctions on the school — instructing his staff not to hire any students, fellows, or interns affiliated with the university.

The Justice Department blasted news of the ethics complaint, telling Fox News Digital on Tuesday that the complaint represented yet another ‘clear indication’ of unfair and ‘partisan’ treatment from the D.C. Bar, a body they argued has continued ‘to target and punish those serving President Trump while refusing to investigate or act against actual ethical violations that were committed by Biden and Obama administration attorneys,’ representing what DOJ spokesperson described as ‘a clear indication of this partisan organization’s agenda.’

The complaint was signed by the disciplinary counsel for the D.C. Bar, Hamilton Fox, whose role allows him to function similarly to a prosecutor for attorney misconduct cases.  Fox previously donated thousands to Obama’s first presidential campaign in 2008, according to FEC records reviewed by Fox News Digital. 

The complaint accuses Martin of violating the First and Fifth Amendment of the U.S. Constitution by using his role as a government official to demand that the university change its teachings; failing to give the university a time frame to respond; and threatening adverse action against Georgetown Law for teaching a particular viewpoint.

It also accuses Martin of conducting unauthorized, ex parte communications with the chief judge and senior judge for the U.S. Court of Appeals for the D.C. Circuit after he was asked to respond to a complaint about his remarks to Georgetown Law. ‘In that letter, he stated that he would not be responding to Disciplinary Counsel’s inquiry, complained about Disciplinary Counsel’s ‘uneven behavior,’ and requested a ‘face-to-face meeting with all of you to discuss this matter and find a way forward,” the complaint said, noting that Martin had copied White House counsel onto the email. 

The Justice Department’s second-highest-ranking official, Todd Blanche, sharply criticized the complaint on social media Tuesday, noting: ‘The DC Bar is such a blatantly Democrat-run political organization.’

‘Thank God I’m not a member, and trust me, I never will be,’ Blanche said in a post on X.Martin, a former defense attorney who helped represent individuals charged in the Jan. 6, 2021, riot at the U.S. Capitol, has made headlines during his short time at DOJ. His path to confirmation to serve as U.S. Attorney for D.C. stalled last year amid concerns from some Senate Republicans, prompting Trump to install Martin last May as the Justice Department’s pardon attorney. 

Trump also tapped Martin at the time to head up the Justice Department’s so-called ‘Weaponization Working Group,’ or the newly formed internal body within DOJ tasked with probing federal prosecutions viewed by the administration as unfairly partisan. 

Martin was removed last month from his role heading up the working group, though no reason for his removal was immediately provided. 

The complaint will now be kicked to D.C. Court of Appeals for next steps and review — a notoriously lengthy process that will likely take months, if not longer.

News of the ethics complaint comes just days after the Justice Department filed a notice of proposed rulemaking in the Federal Register that would allow the department to suspend state bar investigations while the DOJ conducts its own review. 


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Canada is a premier destination for mineral exploration and mining, but the nation’s exploration-stage companies are still struggling to attract investment dollars.

The country’s appeal is showcased in the Fraser Institute’s most recent Annual Survey of Mining Companies, which tracks the investment attractiveness of global mining jurisdictions. It places the Canadian provinces of Ontario and Saskatchewan among the world’s top mining jurisdictions, behind only Nevada.

The Canadian mining industry “serves as a proxy for the global (mining) industry” as it is home to “the largest concentration of public mineral companies in the world,” with Toronto at “the center of the mining finance universe,” said Douglas Silver, partner and senior advisor at Benwerrin Investment Partners, during his presentation at this year’s Prospectors & Developers Association of Canada (PDAC) convention, held last week.

Jeff Killeen, director of policy and programs for PDAC, shared similar sentiments in his own presentation, telling conference attendees, “Almost 30 percent of every dollar raised somewhere in the world for the (mining) sector comes through the Canadian marketplace: the TSX, the Venture and the CSE.”

Canada’s unique tax incentives crucial for mining investment

Canada owes its leading position in the global mining industry to its large landmass and abundance of natural resources. However, both Silver and Killeen pointed out that the nation’s flow-through share tax incentive — unique to Canada — is also “incredibly critical” to the success of the natioin’s mining sector.

Flow-through shares are a highly specialized financing tool that allow resource companies to transfer eligible exploration and development expenses to investors, who then deduct them from their own taxable income.

Under the Mineral Exploration Tax Credit (METC), funds generated from this type of capital raise must be put into a project within 18 months. There’s also the Critical Mineral Exploration Tax Credit (CMETC), which applies to critical minerals used for batteries and magnets, including rare earths, nickel, uranium, lithium and graphite, among others.

Generational shift shrinking pool of mining investors

Although Canada dominates the global mining finance sector and is teeming with multiple types of mineral deposits, it’s becoming increasingly difficult for the nation’s exploration-stage companies to attract investment dollars.

The tight financial landscape for today’s explorers stems in part from both a complex regulatory system that limits the areas open to mining activity, and a lack of proper infrastructure in the more remote regions of the country. Both of these shortcomings strike at the heart of perceived jurisdictional risk for both retail and institutional investors.

During his presentation, Killeen highlighted a few of the key financing trends affecting access to capital in the mineral industry, noting that last year saw a dramatic uptick in investment in the mining sector.

Where is capital originating from? Most of it was equity raised through private placements, which poses a problem as it represents a very narrow investor base that consists of friends and family of the management team and strategic investors that probably already own shares in the company.

“That just tells us that we’re not broadening the investor base. We’re not pulling in more investors. There’s no more new retail folks coming in investing in shares in Canada. This tells us that we’re in a very risky balance in terms of who actually can fund the sector through the next generation,” he warned the PDAC audience.

“There is a lesser population of retail investors as time goes on. You know that the Boomer generation is going away in terms of an investment pool, and the next generation isn’t necessarily replicating that.”

Silver also views the generational shift in the investment landscape as a problem for raising money in the mining industry. “There’s no question from what I’ve read and heard that the younger generations don’t pick individual stocks. They tend to lean towards ETFs or crypto or other stuff,” he said. “Crypto is definitely competing with mining.”

Gold grabbing all the dollars

Canada’s minerals industry did experience a strong rebound in terms of equity investment in 2025, but it was heavily targeted at producers and developers with large-scale, near-production projects. Gold dominated, but investment also increased in projects associated with critical minerals like lithium, nickel, copper and graphite.

“How much is going to the bottom end, to those sub-$100 million market cap companies, the lion’s share of the junior explorers that are out there? Well, in the Canadian marketplace, only about 10 percent of every dollar raised is getting down to those size of companies,” explained Killeen, highlighting the discrepancy.

In his view, the lack of investment over the past decade is bringing about a decline in grassroots exploration.

Gold is grabbing many mineral investment dollars, not only because its price is surging to unprecedented highs, but also because there’s a faster return on investment compared to other metals. Killeen said that’s due to the fact that gold mining doesn’t require large amounts of infrastructure such as railways and ports.

“In some cases, you don’t need roads. The capital to develop a gold mine might be one-sixth of, one-10th of or one-20th of a copper mine or a zinc mine,” he commented. “So the rate of return for the average investor who’s looking at an exploration stock saying, ‘Could I get money back into this? Could I get value back into this?’ Today that timeframe is much shorter, and the capital to bring it to market is much lower.”

Looking at copper, which is much more capital intensive, Killeen said production is down nearly 30 percent from seven or eight years ago. Reserves are also down, even though rising copper prices have resulted in more resources being upgraded to reserves. Silver agreed with that take — his research shows that the Canadian mining industry is overflowing with gold companies. Of the 1,555 mining companies in Canada in 2024, 42 percent of them were gold-focused firms compared to only 17 percent for copper, the second highest amount.

“So why do we have so many gold companies? I think the answer is pretty obvious to me, which is if you want to build a porphyry copper mine, you’ve got to go raise $5 (billion) or $10 billion,” said Silver. “That’s very difficult in the mining industry, because we just don’t have that much gross capital available to us relative to what some of the other industries have … but you can build a gold mine for a couple hundred million (dollars).’

Despite the massive focus on gold, Killeen and Silver both noted that Canada is actually seeing increasing exploration activity for rare earths, lithium, cobalt, graphite and uranium.

Improving the investment case for Canada’s juniors

Killeen said PDAC and its members are pushing for the Canadian government to make the METC and CMETC permanent to bring more investment into mineral exploration in greenfield regions and making new discoveries.

Last year, flow-through shares generated C$1.6 billion in investment into the sector, according to Silver’s research, or about 76 percent of funding received by mineral exploration companies in Canada.

“When you look at the role of Canadian flow through, it’s so incredibly critical to Canadian mining,” he said. Silver too is advocating for the mining industry and investors to “fight for flow through way more than you do.’

To address infrastructure challenges for bringing critical metals projects into production sooner for a quicker return on investment, Killeen suggested more pension funds investing in Canada and easing government regulations.

“We need them cooperating together with the federal government to develop major infrastructure that doesn’t exist beyond 100 kilometers from the border,” he said.

Killeen noted that “the world is changing” and governments, including Canada’s, are becoming more focused on securing domestic sources of critical minerals. For example, at PDAC, Tim Hodgson, Canada’s minister of energy and natural resources, announced a C$3.6 billion suite of investments targeting the critical minerals sector.

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

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VANCOUVER, BC / ACCESS Newswire / March 10, 2026 / Earthwise Minerals Corp. (CSE:WISE,OTC:HWKRF)(FSE:966) (‘Earthwise‘ or the ‘Company) announces that it has entered into a Media Agency Agreement (the ‘Agreement’) with Global One Media Group Pte. Ltd. (‘Global One Media’), under which Global One Media will provide digital marketing services, including content creation, social media distribution, and related online awareness initiatives.

The term of the Agreement is for six months (and then month to month), for a monthly fee of US$6,000, with the first three months payable in advance. All fees payable by the Company to Global One Media pursuant to the terms of the Agreement will be paid out of general working capital of the Company.

Global One Media is based in Singapore and is arm’s length to the Company. Global One Media currently holds securities of the Company but will not receive any securities as compensation under the Agreement. The services to be provided under the Agreement are limited to marketing and communications activities and do not include investor relations services. Global One Media will not engage in any promotional activities that require registration under applicable securities laws. The Agreement remains subject to acceptance by the Canadian Stock Exchange.

About Global One Media

Global One Media Group is an investor marketing and media firm focused on digital investor communications for publicly traded companies. Through strategic narrative development, premium video content, and international distribution across its investor media network, the firm helps issuers enhance visibility and connect with investors across North America, Europe, and Asia.

Management Commentary

Mark Luchinski, CEO of Earthwise, commented:

‘We’re thrilled to partner with Global One Media to elevate Earthwise Minerals’ online presence. Their international reach and digital storytelling capabilities will help expand awareness of our progress and opportunities as we continue advancing the Iron Range Gold Project.’

About Earthwise Minerals

Earthwise Minerals Corp. (CSE: WISE,OTC:HWKRF; FSE: 966) is a Canadian junior exploration company focused on advancing the Iron Range Gold Project in southeastern British Columbia near Creston, B.C. The Company holds an option to earn up to an 80% interest in the fully permitted project, which is road-accessible and situated within a prolific mineralized corridor. The property covers a 10 km x 32 km area along the Iron Range Fault System and hosts multiple high-grade gold showings and large-scale geophysical and geochemical anomalies.

For more information, visit www.earthwiseminerals.com.

Earthwise Minerals Corp.,

ON BEHALF OF THE BOARD

‘Mark Luchinski’

Contact Information:

Mark Luchinski
Chief Executive Officer, Director
Telephone: (604) 506-6201
Email: luch@luchccorp.com

Forward Looking Statements

This news release includes statements that constitute ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’) including, without limitation, statements respecting the Offering and the intended use of proceeds therefrom. Statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management’s current views with respect to possible future events and conditions and, by their nature, are subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in its forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and actual outcomes may differ materially from those in forward-looking statements. Additional information regarding the various risks and uncertainties facing the Company are described in greater detail in the ‘Risk Factors’ section of the Company’s annual management’s discussion and analysis and other continuous disclosure documents filed with the Canadian securities regulatory authorities which are available at www.sedarplus.ca. The Company undertakes no obligation to update forward-looking information except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements.

For more information, please contact Mark Luchinski, Chief Executive Officer and Director, at luch@luchccorp.com or (604) 506-6201.

SOURCE: Earthwise Minerals Corp.

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

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Russia has turned to its so-called ‘shadow fleet’ to carry out a roughly $29.3 million ‘semi-dark’ ship-to-ship oil transfer in the Gulf of Oman, deliberately sidestepping Western sanctions, according to reports.

Maritime intelligence firm Windward AI reported on March 8 that the Russian-flagged tanker M/V TRUST, a vessel already blacklisted by the U.S., European Union and United Kingdom, carried out a ‘high-probability’ covert crude transfer in Omani territorial waters.

Based on an estimated price of about $90 per barrel on March 10, the cargo involved in the transfer was valued at roughly $29.3 million.

‘The timing of the operation coincided with heightened military escalation in the Gulf following Operation Epic Fury, suggesting the vessel exploited regional instability to conduct the transfer under reduced scrutiny,’ Windward said.

The tanker had previously loaded approximately 325,000 barrels of Russian crude oil at the Russian port of Ust-Luga, Windward said.

Windward described the operation as a ‘semi-dark’ activity, meaning one of the vessels transmitted its automatic identification system (AIS) signal while the other did not.

According to the firm, the M/V TRUST had anchored and switched off its AIS transponder while holding what it called a ‘prolonged stationary meeting’ with another tanker, likely producing an anonymous vessel to transfer cargo process.

A fully ‘dark’ meeting, Windward said, typically involves two vessels not transmitting, but, in this case, only one ship appeared to be broadcasting, creating partial visibility that still complicates tracking efforts.

Such tactics are part of a broader strategy by Moscow to continue exporting crude despite sweeping Western sanctions imposed after Russia’s invasion of Ukraine.

The semi-dark oil transfer comes amid heightened volatility in global energy markets tied to the escalating conflict in the Middle East and limited traffic in the Strait of Hormuz given the joint U.S.-Israeli military action against Iran.

Oil topped $100 a barrel March 9 as traders priced in the risk that the conflict was disrupting flows through the Strait, which carries about a fifth of global supply, CNBC reported.

Russian President Vladimir Putin said on March 9 that Russia, the world’s second-largest oil exporter and holder of the largest natural gas reserves, stands ready to resume long-term energy cooperation with European customers if they choose to return, Reuters reported.

Meanwhile, Secretary of War Pete Hegseth said Tuesday that Russia ‘should not be involved’ in the escalating conflict between the U.S., Israel and Iran.

His comments followed reports suggesting Moscow may be providing intelligence support to Tehran, though the Kremlin has not publicly confirmed the claims.

On Russia’s ship-to-ship semi-dark cargo transfer amid the ongoing conflict, Windward highlighted ‘operational blind spots that enable illicit maritime activity to proceed largely uninterrupted.’


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CleanTech Lithium (AIM: CTL, Frankfurt:T2N), an exploration and development company advancing sustainable lithium projects in Chile, is delighted to announce that the Company and the Mining Ministry in Chile have formally agreed the contractual terms on which the Special Lithium Operating Contract (‘CEOL’) for Laguna Verde is to be awarded to CleanTech Lithium and its minority-party consortium partner. A final ratification step is required by the Comptroller General’s Office (the ‘Comptroller’) to ensure the Decree complies with the Constitution and laws of Chile.

Highlights:

  • CleanTech Lithium has agreed via its wholly owned subsidiary, Atacama Salt Lakes SpA (‘ASL’), the terms of the CEOL with the Ministry of Mining in Chile.
  • This is a transformational de-risking event for the Company. It provides long-term contractual certainty directly with the Chilean State, underpinning the investment case and accelerating the path to production.
  • The CEOL runs for 40 years with an area of 153km2 and covers all aspects of project development: exploration and evaluation, construction, lithium production, and project closure. See appendix for final government defined polygon area which, as a result of local indigenous consultations, now excludes the lake surface area.
  • All the material economic, commercial and legal terms are substantively consistent with other CEOLs in Chile.
  • The CEOL reaffirms the Company’s commitment to deliver meaningful socioeconomic benefit to the Atacama region and alignment with Chile’s National Lithium Strategy.
  • Consistent with all other decrees in Chile, a final review is required by the Comptroller to ensure it complies with the Constitution and laws of Chile. The Board is not aware of any reason why the Decree would not be processed and anticipates ratification will take place in Q2 2026.

Ignacio Mehech, Chief Executive Officer of CleanTech Lithium, commented: ‘I am delighted to share this news with our shareholders and wider stakeholders as this is arguably the most significant moment for CleanTech Lithium’s flagship project, Laguna Verde. The agreement of the CEOL demonstrates the strong alignment between Laguna Verde and Chile’s strategy to expand lithium production responsibly and sustainably, emphasising the Government’s confidence in our approach to project development.

‘This represents a landmark occasion for the Company; we are one of only a few companies being awarded a CEOL. I would like to personally thank the team and all stakeholders who were involved in this effort and our shareholders for their support during what proved to be a protracted process. We can now move forwards to the next phase of unlocking the full potential of Laguna Verde.’

Details:

Having successfully progressed the application filed by ASL on 29 December 2025, the terms of the CEOL have been formally agreed by the parties. With a term of 40 years, the CEOL will start from the date on which the administrative act (the ‘Decree’) issued by the Ministry of Mining approving the contract has been fully processed. For this to happen, the Ministry has sent the Decree to the Comptroller.

Consistent with all other decrees in Chile, a final ratification step is required by the Comptroller to ensure the Decree complies with the Constitution and laws of Chile. The Comptroller may not change the terms agreed in the CEOL and the Board anticipates Comptroller ratification will take place in Q2 2026, as previously reported. Furthermore, the Board is not aware of any reason why the Decree will not be approved.

The CEOL covers all phases of the project: exploration and evaluation, construction, lithium production, and project closure. The Company also notes that all the material economic, commercial, and legal terms are substantively consistent with other CEOLs awarded in Chile.

As part of the CEOL, the Company commits to delivering meaningful socioeconomic impact to the region and is strongly aligned with Chile’s National Lithium Strategy. CTL has already established partnerships with local indigenous communities and regional universities. With the Decree submitted for ratification, the Company will now finalise its Pre-Feasibility Study (‘PFS’), publish the results and enter the next phase of the Project´s commercial development which includes the introduction of a strategic partner.

The Laguna Verde Project

CleanTech Lithium has undertaken extensive exploration and development activities at Laguna Verde since 2021, focused entirely on the subsurface brine aquifer in the basin. From the multiple drilling programmes, the Company has encountered average grades of lithium of 175mg/L and recorded up to 409mg/L at depth. The Project is considered highly commercial with a previously announced (10 November 2025) JORC compliant resource estimate of 1.9 million tonnes of lithium carbonate equivalent (‘LCE’) (see note) equating to a multi-decade opportunity. The Company is proposing to use Direct Lithium Extraction (‘DLE’) methods to efficiently extract lithium without the use of evaporation ponds. CleanTech Lithium aims to make the Laguna Verde Project a model for low-cost, low-impact lithium production in Chile. (Note: the Resource Statement set out above may be subject to revision in due course in the light of the final polygon.)

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon publication of this announcement, this inside information is now considered to be in the public domain. The person who arranged for the release of this announcement on behalf of the Company was Steve Kesler, Director and Chairman.

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

Figure 1: The final Government defined polygon area for Laguna Verde.

‘Zona Exclusión’ represents the lake surface (updated as a result of local indigenous consultations).

Investors can sign up to Investor Meet Company for free and add to meet CleanTech Lithium Plc via: https://www.investormeetcompany.com/cleantech-lithium-plc/register-investor

For further information contact:

CleanTech Lithium PLC

Ignacio Mehech/Gordon Stein/Nick Baxter

Office: +44 (0) 1534 668 321

Mobile: +44 (0) 7494 630 360

Chile office: +562-32239222

Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish/Asia Szusciak

+44 (0) 20 7628 3396

IStar Capital Limited (Joint Broker)

Daniel Fox-Davies

+44 (0) 20 3884 8450

daniel@istar.capital

Canaccord Genuity (Joint Broker)

James Asensio

+44 (0) 20 7523 4680

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

Notes

CleanTech Lithium (AIM:CTL, Frankfurt:T2N) is an exploration and development company advancing lithium projects in Chile for the clean energy transition. CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and Viento Andino, and exploration stage project in Arenas Blancas (Salar de Atacama), located in the lithium triangle, a leading centre for battery grade lithium production.

CleanTech Lithium is committed to utilising Direct Lithium Extraction (‘DLE’) with reinjection of spent brine resulting in no aquifer depletion. Direct Lithium Extraction is a transformative technology which removes lithium from brine with higher recoveries, short development lead times and no extensive evaporation pond construction. For more information, please visit: www.ctlithium.com

Source

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Solvonis Therapeutics plc (LSE: SVNS), an emerging biopharmaceutical company developing novel small-molecule therapeutics for high-burden central nervous system (‘CNS’) disorders, announces the selection of SVN-114 as the lead candidate from the Company’s proprietary SVN-SDN-14 discovery programme targeting Post-Traumatic Stress Disorder (‘PTSD’), a condition affecting more than 20 million people worldwide for which effective pharmacological treatment options remain limited.

The selection follows compelling pharmacology results from preclinical studies conducted by Evotec SE (NASDAQ: EVO; Frankfurt Prime Standard: EVT), in which SVN-114 demonstrated balanced modulation of serotonin (‘SERT’), dopamine (‘DAT’) and noradrenaline (‘NET’), key brain chemicals involved in mood, emotion and social behaviour.

Following review of the pharmacology data, the Company’s Scientific Advisory Committee, led by Professor David Nutt, agreed to designate SVN-114 as the programme’s lead candidate, marking an important milestone for Solvonis’ proprietary CNS discovery platform.

Mechanism designed to support therapeutic engagement

The SVN-SDN-14 series is a class of serotonin (‘SERT’), dopamine (‘DAT’) and noradrenaline (‘NET’) modulators designed to enhance pro-social behaviour and improve therapeutic outcomes for people living with PTSD..

By modulating neurochemical pathways associated with trust, empathy and social bonding, compounds in this series, including SVN-114, are intended to help patients rebuild interpersonal relationships and engage more effectively in therapy.

Novel chemistry supported by international patent applications

SVN-114 originates from a proprietary chemical series discovered through Solvonis’ internal research programme. Composition-of-matter patent applications have been filed internationally covering both the compound class and its pharmaceutical applications.

The Company believes the intellectual property associated with this compound series provides a strong foundation for the development of first-in-class or best-in-class therapeutics targeting trauma-related psychiatric disorders in area of significant unmet clinical need and growing market demand.

Professor David Nutt, Chief Scientific Officer of Solvonis, commented: ‘The identification of SVN-114 as the lead candidate from this compound series represents an important step forward for the programme.

‘The compound has demonstrated a robust pharmacological profile across serotonin, dopamine and noradrenaline systems in both in vitro and in vivo testing. These neurotransmitter systems are central to the neurobiology of trauma and social behaviour, and targeting them in a controlled way may open a new therapeutic avenue for the treatment of PTSD.

‘The broader chemical series also continues to show scientific promise, and we look forward to further exploring the potential of this compound class.’

Anthony Tennyson, Chief Executive Officer of Solvonis, added: ‘The selection of SVN-114 as the lead candidate from our PTSD discovery programme highlights the strength of Solvonis’ proprietary CNS discovery platform.

‘Importantly, this compound emerges from a chemical series supported by international composition-of-matter patent applications, providing a strong intellectual property foundation and long-term commercial potential.

‘PTSD represents a major global mental health challenge affecting millions of people and remains an area of significant unmet medical need. We believe SVN-114 has the potential to offer a differentiated therapeutic approach in this area.’

Enquiries:

Solvonis Therapeutics plc

Via Walbrook

Anthony Tennyson, CEO & Executive Director

Singer Capital Markets (Broker)

+44 (0) 20 7496 3000

Phil Davies

Walbrook PR (PR/IR advisers)

Tel: +44 (0)20 7933 8780 or solvonistherapeutics@walbrookpr.com

Anna Dunphy

Mob: +44 (0)7876 741 001

Lianne Applegarth

Mob: +44 (0)7584 391 303

Rachel Broad

Mob: +44 (0)7747 515 393

About Solvonis Therapeutics plc

Solvonis Therapeutics plc (LSE: SVNS) is an emerging biopharmaceutical company developing 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 discovery-stage compounds across addiction and psychiatry.

The Company’s lead programmes target Alcohol Use Disorder (AUD) and Post-Traumatic Stress Disorder (PTSD), with additional development and discovery work supporting expansion into further addiction and psychiatric indications, including stimulant use disorder and depressive disorders.

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 United States targeting moderate-to-severe AUD. The Company’s PTSD discovery programme has identified SVN-114 as a lead compound, emerging from a proprietary compound series designed to modulate key brain signalling systems associated with emotional processing and social behaviour.

In parallel, Solvonis is advancing proprietary CNS discovery programmes supported by 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 addiction and psychiatry.

With a capital-efficient development model and a focus on partnering opportunities, Solvonis aims to deliver sustained value through innovation in CNS therapeutics.

solvonis.com | LinkedIn | X (Twitter)

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The Trump administration, citing Iran, is taking more action against the Muslim Brotherhood—this time in one of the world’s worst conflicts: the civil war in Sudan.

On Monday, the State Department declared the Sudanese Muslim Brotherhood (SMB) to be a ‘Designated Global Terrorist and intends to designate the group as a Foreign Terrorist Organization, effective March 16, 2026.’ The statement also contained a warning to Iran regarding its meddling in the conflict.

‘The SMB has contributed upwards of 20,000 fighters to the war in Sudan, many receiving training and other support from Iran’s Islamic Revolutionary Guard Corps,’ the statement noted. 

It added, ‘As the world’s leading state sponsor of terrorism, the Iranian regime has financed and directed malign activities globally through its IRGC. The United States will use all available tools to deprive the Iranian regime and Muslim Brotherhood chapters of the resources to engage in or support terrorism.’

In November, the State Department sanctioned the Muslim Brotherhood in Egypt, Jordan and Lebanon, declaring it to be a terrorist organization in those countries.

The organization, the State Department noted, is ‘composed of the Sudanese Islamic Movement and its armed wing – the al-Baraa Bin Malik Brigade (BBMB), (and) uses unrestrained violence against civilians to undermine efforts to resolve the conflict in Sudan and advance its violent Islamist ideology.’

The statement added that the group’s ‘fighters have conducted mass executions of civilians in areas they captured, and repeatedly and summarily executed civilians based on race, ethnicity or perceived affiliation with opposition groups.’

Edmund Fitton-Brown, a senior fellow at the Foundation for Defense of Democracies (FDD), told Fox News Digital that the Muslim Brotherhood’s links within the Sudanese government’s Sudanese Armed Forces (SAF) are deep and contribute aggressively in the war against the Rapid Support Forces.

Fitton-Brown, a former U.K. ambassador to Yemen, added that the Brotherhood has a ‘strong component’ in the Sudanese regular army.

Adding that the Brotherhood in Sudan has historical links with Osama Bin Laden, responsible with al Qaeda for the 9/11 terrorist attack, Fitton-Brown stated that the State Department’s move is significant. ‘It is the first concrete indication that the November executive order was only the start of a process.’

On the sanctioning of the Brotherhood in several countries in the region, he said, ‘I expect there will be many more, possibly starting with al-Islah in Yemen.’ He said the move ‘puts Sudan under political pressure because it is effectively associating its government with a terrorist entity.’

The effects of the nearly three-year-long civil war on the people of Sudan are dire. Last month, the Council on Foreign Relations’ global conflict tracker stated the ‘death toll estimates vary widely, with the former U.S. envoy for Sudan suggesting as many as 400,000 have been killed since the conflict began on April 15, 2023. More than 11 million have been displaced, giving rise to the worst displacement crisis in the world.

On Monday, the chairman of the Senate Foreign Relations Committee, Sen. Jim Risch, R-Idaho., posted on X, ‘This is a vital step to curb the Muslim Brotherhood’s influence in the region, especially as hardline Islamists seek to reassert themselves. Now, we must also seriously consider the same FTO designation for the genocidal Rapid Support Forces and their terror campaign in Sudan.’

Fitton-Brown said the State Department’s designation against the Brotherhood in Sudan ‘is good because it objectively targets a group of people who have brought untold misery to Sudan over decades. It is not a statement of support for the RSF. It is potentially empowering of democratic forces inside Sudan, although it will not be sufficient to change the way Sudan is governed or end the civil war, without much more proactive external involvement in the country.’

Nicholas Coghlan, a former Canadian diplomat in Khartoum, was not as hopeful, telling Toronto’s Globe and Mail that hardline factions within leader Abdel Fattah al-Burhan’s government alliance ‘will push him now to ignore the U.S. and other potential mediators and go all out,’ adding ‘they have nothing further to lose by holding back.’


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