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Conservatives on social media joined White House accounts in blasting Independent Sen. Bernie Sanders over an exchange where he pressed a town hall audience member on who is to blame for the government shutdown. 

‘How do you think this shutdown reflects on Chuck Schumer’s leadership?’ Sanders was asked by an audience member, Rohan Naval, during a CNN town hall on Wednesday night.

Sanders responded by saying the shutdown ‘reflects more on Mike Johnson’s leadership’ along with the leadership of President Donald Trump, which prompted a smirk from the audience member.

‘Well, tell me how do you feel?’ Sanders said. ‘You tell me, you think it’s a good idea to give $1 trillion in tax breaks to the richest people in the country and then make massive cuts to healthcare for working-class people?’

Naval, an intern at Americans for Tax Reform, responded, ‘I think Chuck Schumer has voted for a continuing resolution 13 times in the last four years, and he has the opportunity to vote for one again, but he’s refusing to come to the table.’

The exchange quickly made waves on social media, with White House accounts and conservatives praising Naval’s response to the Vermont senator. 

‘Crazy Bernie just got wrecked on national television,’ the White House Rapid Response team posted on X. 

‘Bingo,’ GOP Rep. Ken Calvert posted on X. ‘The Schumer Shutdown is all about politics.’

‘Bernie Sanders got embarrassed HARD,’ Florida’s Voice News assistant director Eric Daugherty posted on X.

‘LOL this kid just rekt Crazy Bernie,’ White House deputy press secretary Abigail Jackson posted on X.

‘Bernie got COOKED,’ Townhall.com posted on X. ‘This guy just calmly smacked Bernie Sanders down in a single sentence. BRUTAL.’

‘Bernie Sanders gets owned by a man who calls out Chuck Schumer for repeatedly voting for continuing resolutions and now suddenly not,’ conservative influencer Paul A. Szypula posted on X. ‘The only reason Schumer isn’t funding the government is because he’s afraid of losing his Senate seat to brainless AOC.’

After Naval’s response, Sanders replied, ‘Look, here’s what I have said. There are 53 Republican senators, correct? They need 60. It means you have to talk to the other side. Mike Johnson is not talking. John Thune is not talking. President Trump is not talking. That is the problem.’

On Thursday, Senate Democrats for a 10th time blocked Republicans’ attempts to reopen the government.

Sen. John Thune is determined to continue on the same course of action to keep bringing the House-passed continuing resolution (CR), which would reopen the government until Nov. 21, up for a vote again and again.

Though some in the GOP are mulling a new end date for the CR, that would require the House, which has been out of session for nearly a month, to come back and pass a new one.

While Thune and Republicans are adamant that their plan is the only pathway to ending the shutdown, now on Day 16, Senate Minority Leader Chuck Schumer, D-N.Y., and the Senate Democratic caucus still want to hammer out a deal on expiring Obamacare subsidies — and they want Trump to get directly involved in negotiations.

‘The bottom line is [Republicans] won’t even negotiate with us,’ Schumer said. ‘So that’s a premature question. But of course, I’m not going to negotiate in public. We need to address the crisis that has afflicted, and that’s the right word, the American people.’

Fox News Digital’s Alex Miller contributed to this report.


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Senate Republicans’ plan to reignite the government funding process was torpedoed by Senate Democrats, who blocked a bill that would pay the troops as the federal government entered Day 16 of the shutdown.

The annual defense appropriations bill was blocked largely along party lines on Friday, with only a handful of Senate Democrats joining Republicans to advance the measure. While President Donald Trump made a temporary move to ensure that military service members were paid, that funding won’t last forever. 

The only Senate Democrats to cross the aisle were Sens. John Fetterman, D-Pa., Catherine Cortez Masto, D-Nev., and Jeanne Shaheen, D-N.H. Lawmakers are now headed home after a short week in Washington, D.C.

Had the bill advanced through its first procedural hurdle, lawmakers could have modified it to include other funding bills, a move that Senate Majority Leader John Thune, R-S.D., signaled he planned to make throughout the week.

However, Senate Minority Leader Chuck Schumer, D-N.Y., and Senate Democrats were unwilling to support the bill and argued that they wanted a guarantee on exactly which other spending bills would be added on to it down the line.

‘They need unanimous consent to add anything to the defense bill,’ Schumer said before the vote. ‘They don’t have it.’

Thune and Senate Republicans floated adding additional spending bills, like measures to fund Transportation, the Health and Human Services and Labor Departments, Housing and Urban Development, and Commerce, but first needed to blast through the procedural hurdle to do so.

‘If they want to stop the defense bill, I don’t think it’s very good optics for them, obviously,’ Thune said.

Part of Senate Democrats’ resistance to the bill is tied to the overall position against the House-passed continuing resolution (CR) to reopen the government, which they have so far blocked 10 times.

Like their argument with extending Obamacare subsidies, they demanded guarantees on what exactly Republicans would attach to the bill — a position that stemmed from an overall lack of trust between the parties that has ripped the partisan divide open even further this year.

‘We don’t have an agreement on anything,’ Sen. Chris Murphy, D-Conn., said. ‘So obviously we can’t. They’re still not negotiating.’

Sen. Mark Kelly, D-Ariz., similarly argued that there was no bipartisan agreement on what exactly the package would look like.

‘We should be focused on fixing these healthcare premiums and getting the government back open,’ he said. ‘And, you know, just to bring up the one bill without the others is something we typically don’t do.’ 


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Now that Israel and Hamas have agreed to a ceasefire, all eyes are on the next continuing global conflict: Russia and Ukraine. 

President Donald Trump isn’t wasting any time directing his attention to the war in Ukraine, and is scheduled to meet with Ukrainian President Volodymyr Zelenskyy at the White House Friday as the president weighs arming Ukraine with Tomahawk cruise missiles. 

Likewise, Trump spoke with Russian President Vladimir Putin Thursday and said that high-level advisors for the U.S. and Russia will meet the following week. Subsequently, he said he and Putin would meet in Budapest, Hungary, ‘to see if we can bring this ‘inglorious’ War, between Russia and Ukraine, to an end.’

Additionally, Trump said he believes that the Middle East deal could provide momentum to resolve the conflict in Europe. 

‘I actually believe that the Success in the Middle East will help in our negotiation in attaining an end to the War with Russia/Ukraine…I believe great progress was made with today’s telephone conversation,’ Trump said in a Thursday social media post. 

While the new peace agreement in the Middle East shares some parallels with the conflict in Europe due to increased pressure on adversaries, the conflicts are too different for Gaza to serve as a clear blueprint for Ukraine and Russia, according to experts. 

Rather, what the Middle East deal really does is pave the way for Trump to devote more of his energy to negotiating an end to the conflict between Russia and Ukraine. Whereas other foreign policy priorities were previously vying for Trump’s attention, now Ukraine and Russia are at the top of the list. 

‘The U.S. president can turn his attention to only so many issues at one time,’ Peter Rough, a senior fellow and director of the Center on Europe and Eurasia at the Hudson Institute think tank, told Fox News Digital in a Tuesday email. ‘Now that he has a framework in place in the Middle East, President Trump can train his sights squarely on the war in Ukraine.’ 

There are a lot of differences between the two conflicts — including the relative power between the two adversaries involved in each of the conflicts, experts said.

‘In the Middle East, Hamas was weaker than our ally in Israel,’ Rough said. ‘The challenge in Europe is that Russia is a major (nuclear) power astride the Eurasian landmass. It is larger and more powerful than our partner, Ukraine. This is why it’s so essential that the U.S. and Europe support Ukraine against Russia. Absent such support, it’s hard to convince Russia to accept a deal.’ 

The peace deal in the Middle East included a provision to return the hostages that were still in captivity within 72 hours of Hamas signing off on the deal. It also called for Israeli forces to withdraw its troops and a complete disarmament of Hamas.

John Hardie, Russia program deputy director at the Foundation for Defense of Democracies, said that another key difference between the conflicts is that Russia has refused to agree to a ceasefire unless Ukraine signs off on certain demands. Those demands previously have included barring Ukraine from ever joining NATO and concessions on some of the borders that previously belonged to Kyiv. 

‘In the Gaza war, Israel got some significant concessions in the ceasefire deal but also agreed to leave some major issues to be negotiated in a political process,’ Hardie said in a Tuesday email to Fox News Digital. ‘In Ukraine, by contrast, (Russian President Vladimir) Putin has consistently refused to accept a ceasefire unless Kyiv first capitulates to non-starter demands even though Russia has virtually no prospect of imposing them by force.’ 

Meanwhile, Trump is ramping up pressure on Russia and told reporters on Air Force One on Sunday that he might send Ukraine Tomahawk cruise missiles should Russia refuse to ‘settle’ the conflict. Trump said he told Zelenskyy he may bring up the matter with Russia, because it is a ‘new step of aggression.’ 

The Tomahawk missiles can be fired from ships, submarines and ground assets to hit targets as far as 1,000 miles away, according to Raytheon, which manufactures the weapons. 

Moscow did not welcome the news, and Russia’s former president Dmitry Medvedev said in a post on Telegram that outfitting Ukraine with the missiles ‘could end badly for everyone … most of all, for Trump himself.’ 

Despite Russia’s claims that such a move from the U.S. would escalate tensions, equipping Ukraine with the missiles would actually put Kyiv on equal footing to fight back against Russia, according to Mick Ryan, a senior fellow for military studies at Australia’s Lowy Institute’s International Security Program. Ryan is an Australian army retired major general who also served as a strategist for the United States Joint Chiefs of Staff in the Pentagon. 

‘Russia has employed missiles similar to Tomahawks since Day 1 of the full-scale invasion,’ Ryan said in a Monday X post. ‘This is NOT escalation. It is just leveling the playing field for a three-year-long Ukrainian long-range strike campaign that has now achieved critical mass and momentum.’ 

Zelenskyy said his Friday meeting with Trump would center around exerting more pressure on Russia in an attempt to secure peace through air defense and long-range capabilities. Additionally, Zelenskyy capitalized on the recent peace agreement in the Middle East, and said in a post on X Monday that ‘it is important not to lose the momentum in spreading peace.’ 

‘If I were Trump, I would focus my energies on supporting the Ukrainian military and pressuring Russia until Moscow signals it’s open to ending the war on more reasonable terms,’ Hardie said. 

Zelenskyy has visited the White House on multiple occasions since Trump took office again — including in February when he sparred with Trump and Vice President JD Vance over engaging in diplomacy with Russia to end the conflict.

The White House said that Russia should prioritize securing a deal swiftly, and that Trump believes he can deliver one. 

‘If they were smart, they would more urgently pursue a deal to end the war which has done significant damage to Russia’s reputation, stop the killing, and get their country back on the right track,’ a White House official said in a statement to Fox News Digital. ‘President Putin has repeatedly rejected generous proposals toward peace that would have benefited Russia. The President remains optimistic that he will be able to get both sides to stop the senseless killing.’


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Here’s a quick recap of the crypto landscape for Wednesday (October 15) as of 9:00 p.m. UTC.

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

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$112,274, a 1.2 percent decrease in 24 hours. Its lowest valuation of the day was US$110,392, and its highest was US$112,241.

Bitcoin price performance, October 15, 2025.

Bitcoin price performance, October 15, 2025.

Chart via TradingView.

Analysts maintain that market resilience and institutional demand persist despite the largest liquidation event in the cryptocurrency’s history last week. In his weekly commentary, Bitwise Asset Management’s Matt Hougan notes that while panic is often signaled by a flood of investor communications, this time “it was crickets.”

He observed, “professional investors largely ignored the news,” despite media and social media buzz.

Hougan added that the market may remain jittery in the near term as liquidity providers typically pull back after major volatility, which can cause exaggerated price moves.

However, he expressed confidence that “over time, the market will catch its breath and renew its attention on crypto’s fundamentals,” leading him to believe “the bull market will continue apace.”

While fundamentals and ongoing institutional demand sustain optimism, the market stands at a critical point where a near-term correction remains a real possibility before the bull market can continue.

Technical analysts warn of downside risks, with a rising wedge pattern and a key support level at US$102,000. A breakdown could trigger a 34 percent correction to US$74,000.

Ether (ETH) was priced at US$3,983.03, a 3 percent decrease in 24 hours. Its lowest valuation of the day was US$3,944.17, and its highest was US$4,096.90. Analysts are bullish on Ether, with some projecting a potential rally to US$5,200, citing the Ethereum Foundation’s new privacy initiative as a critical catalyst.

The “Privacy Cluster,” a 47 person research and engineering team, aims to embed protocol-level privacy features, including private payments, decentralized identity and zero-knowledge infrastructure, directly into Ethereum’s architecture.

Altcoin price update

  • Solana (SOL) was priced at US$194.76, a decrease of 2.4 percent over the last 24 hours and its lowest valuation of the day. Its highest was US$204.32.
  • XRP was trading for US$2.41, a decrease of 2.9 percent over the last 24 hours to its lowest valuation of the day. Its highest was US$2.50.

Crypto derivatives and market indicators

Bitcoin derivatives metrics indicate a cautious and consolidating market.

Liquidations have totaled approximately US$10.4 million in the last four hours, with long positions making up a slight majority, signaling continued risk aversion among traders. Ether liquidations showed a divergent pattern, totaling US$20.67 million, the overwhelming majority of which were long positions.

Futures open interest for Bitcoin has decreased by 0.09 percent to US$72.62 billion, and Ether futures open interest moved by +0.95 percent to US$46.64 billion, reflecting market consolidation and repositioning.

The perpetual funding rate for Bitcoin and Ether was 0.003, indicating a neutral to slightly bullish market sentiment.

Bitcoin’s RSI stood at 39.63, indicating that it is in a bearish or neutral momentum phase but not yet deeply oversold.

Fear and Greed Index snapshot

CMC’s Crypto Fear & Greed Index has dipped back into fear territory after shifting in between neutral for the past few weeks. The index currently stands around 37.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

Chart via CoinMarketCap.

Today’s crypto news to know

OwlTing announces Nasdaq listing

Taiwanese fintech company OwlTing has received approval to list directly on the Nasdaq Global Market.

Operating under its parent entity, OBOOK Holdings, OwlTing will trade under the ticker symbol ‘OWLS,’ and will mark its first trading day on the Nasdaq by ringing the opening bell on Thursday (October 16).

This direct listing approach allows OwlTing to avoid issuing new shares, thereby preventing dilution of existing shareholders’ equity and signaling steadfast confidence in its valuation and growth strategy.

Founded by Darren Wang, OwlTing launched its flagship product, OwlPay, in 2023. OwlPay enables businesses globally to transact using stablecoins such as USDC or traditional fiat currencies. The company aims to leverage its Nasdaq listing to expand its global footprint while emphasizing financial transparency and regulatory compliance.

Strategic Bitcoin Reserve to add US$14 billion in government-held Bitcoin

The US government is preparing to retain approximately 127,271 BTC, valued at US$14.2 billion, as part of the country’s newly established Strategic Bitcoin Reserve.

These assets were confiscated in a joint US-UK crypto fraud case tied to Chen Zhi of the Cambodia-based Prince Group.

Instead of selling the Bitcoin, authorities plan to hold it long term, with Executive Order 2025 mandating that crypto forfeited in criminal or civil cases be allocated to the reserve rather than auctioned. The coins are expected to complement ongoing institutional accumulation and exchange-traded fund (ETF) inflows, potentially strengthening broader market stability. Analysts note this move may bolster Bitcoin’s perception as a viable state-held asset.

Corporate Bitcoin holdings surge to US$117 billion

Bitwise data indicates public companies significantly increased their Bitcoin exposure in the third quarter of the year, with the total holdings of corporate treasuries reaching US$117 billion.

In total, 172 firms now hold more than 1.02 million BTC, up nearly 40 percent from the prior quarter.

Michael Saylor’s Strategy (NASDAQ:MSTR) remains the largest holder with 640,031 BTC, while newer entrants like Metaplanet (TSE:3350,OTCQX:MTPLF) have more than doubled their positions. Analysts say the trend reflects a strategic pivot, with firms treating Bitcoin as both a hedge and a long-term treasury reserve.

Public companies led the accumulation, adding roughly 193,000 BTC, far outpacing private firms and ETFs.

BLESS token sees major price surge

The Bless token (BLESS) reached an all-time high of US$0.1652 on Wednesday, representing an increase of over 230 percent in 24 hours and about 390 percent from its earlier lower price of US$0.0234.

The surge was accompanied by an increase in trading volume, with 24 hour volume soaring to approximately US$101 million, bringing the market capitalization to over US$200 million. The rally has been attributed to several catalysts, including Binance Alpha listing speculation, the project roadmap featuring GPU-ready nodes and fiat on-ramps.

NYC launches nation’s first municipal crypto office

New York City Mayor Eric Adams established an Office of Digital Assets and Blockchain, appointing Moises Rendon as executive director. Adams, an early Bitcoin and Ether recipient of his mayoral salary, emphasized the potential for digital assets to expand opportunities for underbanked communities. The office aims to promote responsible innovation, coordinate municipal policy and position NYC as a global crypto hub.

Erebor receives US regulatory approval

Erebor, a financial services company backed by Peter Thiel, has received preliminary US regulatory approval to launch, potentially filling the void left by Silicon Valley Bank’s 2023 collapse.

While a banking charter has been secured, several compliance and security hurdles remain before operations can begin, a process that could take months. The Office of the Comptroller of the Currency confirmed the approval, with Comptroller Jonathan V. Gould stating that ‘permissible digital asset activities … have a place in the federal banking system if conducted in a safe and sound manner.’

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

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

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McEwen (TSX:MUX,NYSE:MUX) has agreed to acquire Canadian Gold (TSXV:CGC,OTCQB:STRRF) in an all-share transaction that values Canadian Gold at a 96.7 percent premium over its pre-announcement trading price.

The deal, announced on Tuesday (October 14) and finalized under a definitive arrangement agreement signed on October 10, will see McEwen acquire Canadian Gold through a statutory plan of arrangement.

Once completed, Canadian Gold will become a wholly owned subsidiary of McEwen, strengthening the miner’s Canadian project portfolio with a high-grade, former-producing mine in Manitoba.

Under the terms of the agreement, Canadian Gold shareholders will receive 0.0225 McEwen shares for each Canadian Gold share held. Upon completion, existing McEwen shareholders will own approximately 92 percent of the combined company, while Canadian Gold shareholders will hold about 8 percent.

McEwen will continue to trade under its existing ticker symbol, “MUX,” on both the NYSE and TSX.

Canadian Gold’s flagship asset is the Tartan Lake gold mine project, located near Flin Flon, Manitoba. The property is a past-producing, high-grade gold mine with established infrastructure and strong exploration potential.

The site is situated near an experienced mining workforce and requires no construction of a new camp, a logistical advantage that McEwen says aligns with its existing operational model.

The acquisition offers benefits for both sets of shareholders, according to the companies. For Canadian Gold investors, the transaction will provide access to McEwen’s diversified operations, technical expertise and the liquidity of a dual-listed stock. For McEwen shareholders, the deal adds another advanced-stage Canadian project with geological similarities to the company’s Fox complex in Ontario, bolstering its exploration and production pipeline.

“The Tartan Mine has significant potential and complements our development strategy,” Chairman and Chief Owner Rob McEwen said in a press release, noting possible synergies with Fox. The boards of both companies unanimously approved the deal following recommendations from independent special committees.

In compliance with NYSE rules, Rob McEwen will not receive newly issued McEwen shares representing over 1 percent of the company’s current shares without prior shareholder approval, which will be sought at the next annual meeting.

Should approval not be obtained, McEwen will pay cash in lieu of excess shares.

The deal includes customary closing conditions, regulatory approvals and a C$2.195 million break fee payable to McEwen if Canadian Gold accepts a superior proposal. A detailed information circular outlining the terms of the proposed transaction will be mailed to Canadian Gold shareholders ahead of a December special meeting.

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

This post appeared first on investingnews.com

Troy Minerals Inc. (‘Troy’ or the ‘Company’) (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to provide an update on exploration progress at its 100%-owned Table Mountain Silica Project (‘Table Mountain’ or the ‘Project’), located near Golden, British Columbia (Figure 1).

Channel Sampling Overview and Update

Among other exploration work, the 2025 program focused on systematic channel sampling across the main quartzite resource zone, where recent geological prospecting identified new exposures of Mount Wilson Formation quartzite.

A total of 47 samples were collected, primarily along two main channel lines at 1-metre intervals (truncated at outcrop edges) covering an area of approximately 2,500 square metres. Channels were oriented perpendicular to bedding to approximate true widths of the silica zones. Sampling locations were positioned to complement the 2024 and 2025 UAV LiDAR surveys and to guide upcoming resource definition and drilling planned for the 2026 field season. Figure 2 below illustrates the sample locations within the mapped quartzite unit.

All samples have been submitted to ALS Geochemistry in Kamloops for analysis. Analytical results for the samples are anticipated in the coming weeks.

‘The samples collected this season are designed to tie directly into the upcoming drill program,’ said Yannis Tsitos, President of Troy Minerals. ‘They expand coverage across the established resource area, providing the data we need to refine near-future drilling and metallurgical test work.’

In addition, UAV LiDAR survey data collected in September 2025 is currently being processed and will be used to finalize drill pad and access engineering, as applicable.

About the Table Mountain Project

The Table Mountain Silica Project is located approximately 4 kilometres east of Golden, B.C., Canada, with excellent year-round road access and proximity to the Canadian Pacific Railway’s Golden rail yard. The property covers roughly 2,526 hectares, encompassing up to 11 kilometres of regionally mapped strike length of the Mount Wilson Formation quartzite, with widths ranging from 300 to 1,400 metres at surface. Table Mountain is strategically situated near two established high-purity silica operations – the Moberly Silica Mine and the Sinova Quartz Quarry – both of which demonstrate silica purity greater than 99.6% SiO₂.(1)(2)* This advantageous location highlights the project’s potential to become a significant source of high-purity silica in a region known for hosting premium-quality silica deposits.

* Cautionary Note: The QP has been unable to verify the information and that the information is not necessarily indicative to the mineralization on the property that is the subject of the disclosure.

References

    Qualified Person

    Technical information in this release has been reviewed and approved by Case Lewis, P.Geo., a Qualified Person under NI 43-101 and a director of the property vendor.

    About Troy Minerals

    Troy Minerals is a Canadian based publicly listed mining company focused on building shareholder value through acquisition, exploration, and development of strategically located ‘critical’ mineral assets. Troy is aggressively advancing its projects within the silica (silicon), scandium, vanadium, and rare earths industries within regions that exhibit high and growing demand for such commodities, in both North America and Central-East Asia. The Company’s primary objective is the near-term prospect of production with a vision of becoming a cash-flowing mining company to deliver tangible monetary value to shareholders, state, and local communities.

    ON BEHALF OF THE BOARD,

    Rana Vig | President and Director Telephone: 604-218-4766
    Email: rana@ranavig.com

    Forward-Looking Statements

    Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that Troy Resources Inc. (the ‘Company’) expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

    The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

    Source

    Click here to connect with Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) to receive an Investor Presentation

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    CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (‘CoTec’ or the ‘Company’) is pleased to announce Québec-based BBA Inc. (‘BBA’) has been engaged to complete the Lac Jeannine Iron Tailings Project (‘Lac Jeannine’ or the ‘Project’) bankable Feasibility Study (the ‘FS’) to engineer and design its Iron Tailings reclamation Project in Québec, Canada.

    Julian Treger, CoTec CEO commented: ‘Lac Jeannine exemplifies CoTec’s strategy to deploy innovative, environmentally responsible technologies which transform legacy waste sites into valuable resources. The Project has the potential to deliver strong economic returns while simultaneously addressing historical environmental liabilities. Furthermore, the inclusion of adjacent tailings in the Project has the potential to almost double the life of mine with limited additional capex, unlocking substantial upside potential.

    We are very excited to be working with BBA to complete the Feasibility Study and to position Lac Jeannine as a model for sustainable tailings redevelopment in Québec. During the Feasibility Study, discussions with strategic partners will be accelerated so the Project has the full support of all stakeholders, including the Government of Québec, First Nations and other interested parties. The results from the 2025 drilling and bulk sample, which are expected in Q1 2026, could also allow CoTec to increase its current resource estimate for Lac Jeannine.’

    Lac Jeannine represents CoTec’s first stand-alone tailings reprocessing investment complementing the Company’s strategy to apply advanced technologies to unlock value from underutilized resource assets. The study will build on the positive results of the 2024 Preliminary Economic Assessment (‘PEA’) announced on June 27, 2024i, which was based on only part of the total tailings and outlined a pre-tax NPV of US$93.6 million and an IRR of 38%, based on an initial capital investment of US$64.6 million. The Feasibility Study will include the application of the Salter Cyclone Multi-Gravity Separators (‘MGS’) technology for the recovery of additional iron ore from the Project.

    The Feasibility Study is expected to be completed through a staged approach by H2 2026. Lac Jeannine has the potential to produce high grade, critical mineral, iron ore concentrate at competitive cost structures which can deliver high purity iron concentrates for the green steel industry. The Lac Jeannine Project offers great potential for the resource industry to recover the economic benefit of large Fe tailing sites.

    In September 2025, CoTec completed an infill and extension drilling campaign with the goal of upgrading to Indicated the existing Inferred Mineral Resource of 73 million tonnes at 6.7% total Fe, for 4.9 Mt of contained total Fe, and extending the Project to include a large part of the adjacent tailings not included in the PEA (‘Adjacent Tailings’). The inclusion of the Adjacent Tailings has the potential to almost double the life of mine with limited additional capex, unlocking substantial upside potential. The Feasibility Study metallurgy testing will target the production of direct-reduction (‘DR’) grade concentrate by the Project.

    About Lac Jeannine

    The Lac Jeannine Property comprises 31 mineral claims (exclusive exploration rights) covering 1,649 hectares in Québec’s Côte-Nord Region, approximately eight kilometres southeast of Gagnon and 290 kilometres north of Baie-Comeau. The Project encompasses the historic Lac Jeannine open-pit iron mine, which produced approximately 260 million long tons of ore averaging 33% Fe between 1961 and 1976.

    The site includes a large Tailings Storage Facility (TSF) where concentrator tailings were deposited prior to mine closure and reclamation in 1984. CoTec’s focus is on reprocessing these tailings for residual iron recovery while rehabilitating the TSF.

    The Independent Qualified Person as defined by NI 43-101 for the Lac Jeannine Mineral Resource, Mr. Christian Beaulieu, P.Geo., is a member of l’Ordre des géologues du Québec (#1072). The Qualified Person has reviewed and approved the scientific and technical content of this announcement relating to the Lac Jeannine Mineral Resource

    About CoTec Holdings Corp.

    CoTec Holdings Corp. (TSX-V:CTH)(OTCQB:CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains.

    CoTec’s mission is clear: accelerate the energy transition while strengthening strategic critical mineral supply chains for the countries we operate in. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.

    From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a game-changing platform at the intersection of technology, sustainability, and strategic materials.

    For more information, please visit www.cotec.ca.

    For further information, please contact:

    Braam Jonker – (604) 992-5600

    Forward-Looking Information Cautionary Statement

    Statements in this press release regarding the Company and its investments which are not historical facts are ‘forward-looking statements’ which involve risks and uncertainties, including statements relating to the timing, scope, and completion of the Feasibility Study, the potential future value of the Project, the maiden resource estimate, the bulk sample extraction, the option exercise, and the Project, as well as management’s expectations with respect to the Lac Jeannine investment and other current and potential future investments, and the benefits to the Company which may be implied from such statements.

    Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to known and unknown risks and uncertainties affecting the Company, including but not limited to: resource and reserve risks; environmental risks and costs; permitting and regulatory risks; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; equipment leasing and availability; heavy equipment demand and availability; contractor and subcontractor performance; worksite safety issues; project delays and cost overruns; extreme weather events; and social, transport, or geopolitical disruptions.

    For further details regarding risks and uncertainties facing the Company, please refer to ‘Risk Factors’ in the Company’s filing statement dated April 6, 2022, a copy of which may be found under the Company’s profile on SEDAR+ (www.sedarplus.ca). The Company assumes no obligation to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company’s continuous disclosure documents available on SEDAR+ (www.sedarplus.ca).

    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.

    i For further details, please refer to the technical report entitled ‘Mineral Resource Estimate, Preliminary Economic Assessment and NI 43-101 technical report for CoTec’s Lac Jeannine Fe Tailings Project, Québec, Canada’ dated August 5, 2024 and having an effective date of March 19, 2024 prepared by Addison Mining Services Ltd., JPL GeoServices Inc., Soutex Inc., Amerston Consulting Ltd. and Axe Valley Mining Consultants Ltd. A copy of the technical report is available under CoTec’s profile on SEDAR+ (www.sedarplus.com) and the Company’s website

    Source

    Click here to connect with CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) to receive an Investor Presentation

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    Kennedy Center President and Ambassador Richard Grenell slammed former President Joe Biden for avoiding Russian President Vladimir Putin as war raged between Russia and Ukraine, while praising President Donald Trump’s ‘common sense’ foreign policies.

    ‘You have a president who is really watching the situation, unlike the last president, Joe Biden, who literally didn’t talk to Vladimir Putin for three and a half years,’ he said. ‘President Trump doesn’t believe in that strategy. He wants to confront the issues. He wants to figure out ways to fix them.’

    Trump plans to speak with Russian President Vladimir Putin Thursday — just hours after Russian missiles and drones attacked Ukrainian cities. Ukrainian President Volodymyr Zelenskyy already had been scheduled to head to Washington to meet with Trump Friday, to discuss the war and strengthening his country’s defenses. 

    Trump vowed from the campaign trail that he would facilitate negotiations for a peace deal to end the war between Russia and Ukraine, which has raged since 2022, but ongoing talks have yet to yield an agreement. 

    In addition to Russia and Ukraine, Trump also has been active in efforts to bring peace to the Middle East. Trump secured a historic peace declaration as of Monday, when he traveled to Israel and Egypt to meet with foreign leaders stretching from the Middle East to Europe.

    Grenell discussed Trump’s strategy for international conflicts during his second term in office while attending ‘The Sound of Music’ at the Kennedy Center in Washington, D.C.

    ‘Well, first of all, I’ve worked with President Trump for a long time, and the one thing about President Trump is that he’s filled with common sense, and he evaluates his decisions constantly,’ Grenell told Fox News Digital.

    Grenell said Trump can make America stronger on the world stage with his ability and willingness to adapt to different international conflicts.

    ‘You see him adjust the policy,’ he said. ‘Something isn’t working, he’s not afraid to replace somebody or change the policy.’

    Grenell described Trump as an ‘active president’ who is ready to make moves and advance U.S. interests.

    ‘I think that what we’re seeing on the global stage is someone who is an activist president, watching the situation, adjusting the policy so that it’s making America stronger, more prosperous, and solving problems around the world,’ Grenell said.


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    Senate Democrats for a 10th time blocked Republicans’ attempts to reopen the government and have ensured that the shutdown goes into next week.

    That’s because after one final vote series later on Thursday, lawmakers will leave Washington, D.C., for another long weekend after just three short days on the Hill.

    Neither Republicans nor Democrats are ready to flinch in their deeply entrenched positions, and talks between both sides, though largely informal exercises, have begun to fade.

    Senate Majority Leader John Thune, R-S.D., is determined to continue on the same course of action to keep bringing the House-passed continuing resolution (CR), which would reopen the government until Nov. 21, up for a vote again and again.

    Though some in the GOP are mulling a new end date for the CR, that would require the House, which has been out of session for nearly a month, to come back and pass a new one.

    While Thune and Republicans are adamant that their plan is the only pathway to ending the shutdown, now on Day 16, Senate Minority Leader Chuck Schumer, D-N.Y., and the Senate Democratic caucus still want to hammer out a deal on expiring Obamacare subsidies — and they want President Donald Trump to get directly involved in negotiations.

    ‘We’re willing to have, as I said, conversations about all the other issues that they want to talk about,’ Thune said. ‘But that can’t happen while they are holding the federal government and all these federal employees and our troops and our air traffic controllers and our TSA agents and our border Patrol officials hostage. Open up the government.’

    ‘Every day that this goes on, the problems are compounded for federal workers and for ordinary Americans,’ he continued. ‘Chuck Schumer may think that every day gets better for them politically, but I can tell you that is not the experience of the American people.’

    When asked if he would compromise on the Democrats’ demands as the shutdown dragged on, Schumer dodged and countered that he wouldn’t negotiate in the public eye.

    ‘The bottom line is [Republicans] won’t even negotiate with us,’ Schumer said. ‘So that’s a premature question. But of course, I’m not going to negotiate in public. We need to address the crisis that is afflicted, and that’s the right word, the American people.’

    However, Sen. Markwayne Mullin, R-Okla., said that Republicans weren’t working on a subsidy proposal to show Democrats, and he noted that talks between the parties were ‘not really’ happening anymore.

    When asked if it was possible to get an extension of the credits before the Nov. 1 open enrollment date, he said, ‘I don’t think there’s a way to do that.’

    ‘And I think if you don’t have it done by Christmas, it becomes a political issue,’ Mullin said. ‘But you could maybe push it to January, to February, if you wanted to, but we get bumped up against, you know, everybody’s primaries, from the Democrat primaries and Republican primaries, and it becomes a political issue, because, unfortunately, healthcare is political.’

    Republicans are also trying to reignite the appropriations process in the Senate as the shutdown continues on. Thune teed up a procedural vote later Thursday on the Senate’s defense spending bill, which, among other things, would fund paychecks for the military.

    Whether Democrats support the spending bill after spending months demanding a bipartisan government funding process remains an open question — many argued after their closed-door meeting on Wednesday that they didn’t know exactly what Republicans were going to put on the floor and considered a vote on it moot.

    As with most of the past 10 attempts to send the House-passed CR to Trump’s desk, the same trio of Democratic caucus members, Sens. John Fetterman, D-Pa., Catherine Cortez Masto, D-Nev., and Angus King, I-Maine, voted with Senate Republicans.

    Fetterman, who has consistently voted with the GOP every time, echoed his counterparts across the aisle and said that any outside issues aside from reopening the government could be dealt with after the lights were turned back on in Washington.

    ‘It was wrong to shut it down in March,’ he said. ‘I’m in the same position. It’s not going to change. Everything else we’re talking about,  open up the government first, and then we can figure out the rest.’


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    A former security guard at the U.S. Embassy in Norway was convicted of spying on behalf of Russia and Iran, a report said. 

    The 28-year-old Norwegian, whose identity has not been made public, was sentenced Wednesday to three years and seven months, The Associated Press reported. 

    A Norwegian police official reportedly told Reuters at the time of the suspect’s arrest last November that he was working at the U.S. Embassy in Oslo, Norway’s capital. 

    The State Department did not immediately respond to a request for comment Thursday from Fox News Digital. 

    Prosecutors alleged that the man handed over details about the embassy’s diplomats, its floor plans and security routines, among other information, Norwegian state broadcaster NRK reported. The broadcaster added that American ties to Israel and the war in Gaza prompted the man to contact Russia and Iran. 

    The suspect acknowledged the indictment’s facts but denied any criminal guilt, according to the AP.

    The man’s defense attorneys said in a statement Thursday that the verdict raises questions about what is considered espionage under Norwegian law. 

    ‘He lied about having security clearance to agents from other countries and exaggerated his own role,’ attorney Inger Zadig of Elden Law Firm told the AP. ‘He had roughly the same level of access as a janitor at the embassy. The information he shared was worthless and neither separately nor collectively capable of harming individuals or the security interests of any state.’ 

    The defendant was found guilty of five espionage-related charges and was acquitted of gross corruption. His defense attorneys are weighing whether to appeal the verdict. 

    At the time of his arrest last November, the man had been studying for a bachelor’s degree in security and preparedness at Norway’s Arctic University, UiT. 

    The Associated Press contributed to this report. 


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