It’s been yet another historic week for gold and silver, with both setting new price records.

The yellow metal broke through US$4,200 per ounce and then continued on past US$4,300. It rose as high as US$4,374.43 on Thursday (October 16), putting its year-to-date gain at about 67 percent.

Meanwhile, silver passed US$54 per ounce and is now up around 84 percent since 2025’s start.

Gold’s underlying price drivers are no secret — factors like central bank buying and waning trust in fiat currencies have been major themes in recent years, and they continue to provide support.

But it’s worth looking at a number of other elements currently in play.

Among them are a resurgence in the US-China trade war, which has ramped up geopolitical tensions, and the ongoing American government shutdown. The closure has stalled the release of key economic data ahead of the Federal Reserve’s next meeting later this month.

There have also been troubles at two regional banks in the US — they say they were the victims of fraud on loans to funds that invest in distressed commercial mortgages. Aside from that, Rich Checkan of Asset Strategies International sees western investors entering the market.

‘We don’t have a tidal wave or a tsunami by any stretch of the imagination, but the western investor is getting back into this,’ he said, noting that for the past few years his company has mostly been selling to high-net-worth individuals and people looking for deals. ‘Now we’re having flat-out sales.’

Checkan also weighed in on where gold is at in the current cycle, saying the indicators he tracks — including the gold-silver ratio, interest rates and the US dollar — don’t point to a top.

‘They can take a breather, there’s no question about that — you almost kind of want them to. But the reality is, there’s no top in sight,’ he said. ‘I’ve got about, I don’t know, seven, eight, nine different indicators I look at for the top in a bull market for gold. None of them are firing.’

When it comes to silver, the situation is a little more complicated.

Vince Lanci of Echobay Partners explained that the London silver market is facing a liquidity crisis — while there’s not a shortage of the metal, it isn’t in the right place, and that’s creating a squeeze.

Here’s what he said:

‘London, when it needs metal, is having a hard time getting it from Asia, because China is not cooperating with the west — for good reason in their mind. And for some reason, the US is not making its metal available as robustly as it used to, to help fill refill London’s coffers. And so that creates a short squeeze.

‘There’s enough metal in the world for current needs — let’s say for today’s needs. But it’s not where it should be. So it’s a dislocation.’

Lanci, who is also a professor at the University of Connecticut and publisher of the GoldFix newsletter on Substack, also made the point that although these circumstances are front and center now, they’re just one part of the larger ongoing bull market for silver. In his view, its growing status as a critical mineral will have major implications, and a triple-digit price is realistic.

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

Carbonxt Group (CG1:AU) has announced Convertible Note and Placement

Download the PDF here.

Don Durrett of GoldStockData.com outlines current gold and silver market dynamics, explaining why the metals continue to rise and how high they could go in the future.

He also shares his current gold and silver stock strategy.

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

RemSense Technologies (REM:AU) has announced Strategic Entry into Australian Gas Infrastructure Sector

Download the PDF here.

Corazon Mining (CZN:AU) has announced Completes Two Pools Gold acquisition

Download the PDF here.

AF2 Capital Corp. (TSXV: AF.P) (‘AF2‘ or the ‘Company‘) is pleased to announce it has entered into a non-binding letter of intent dated October 14, 2025 (the ‘LOI‘) with EverKind Inc. (‘EverKind‘), an AI-powered emotional wellness platform, which sets forth, in general terms, the basic terms and conditions upon which EverKind and AF2 will combine their business operations resulting in a reverse takeover of AF2 by EverKind and its shareholders (the ‘Transaction‘). It is intended that the Transaction will constitute the ‘Qualifying Transaction’ of AF2 as such term is defined in Exchange Policy 2.4 – Capital Pool Companies, resulting in the combination of EverKind and AF2, with the common shares of the resulting issuer to the Transaction (the ‘Resulting Issuer Shares‘) being listed on the TSX Venture Exchange (the ‘Exchange‘), subject to approval of the Exchange.

EverKind is an AI-powered emotional wellness platform that helps users navigate mental and emotional challenges through intelligent, accessible tools. By combining cutting-edge AI with evidence-based wellness practices, EverKind supports users in building balance, clarity, and personal growth.

Pursuant to the terms of the LOI, it is intended that AF2 and EverKind will enter into a business combination by way of an arrangement, amalgamation, share exchange or other similar structure. The final structure of the business combination is subject to receipt by the parties of tax, corporate, and securities law advice. The acceptance of the LOI is being followed by good faith negotiations of definitive documentation, including a definitive merger, amalgamation or share exchange agreement (the ‘Definitive Agreement‘) among the parties setting forth the detailed terms of the Transaction, including the basic understandings set out in the LOI and such other terms and conditions as are customary for transactions of similar nature and magnitude to the Transaction.

AF2 is a capital pool corporation (a ‘CPC‘) as defined under the policies of the Exchange, and it is expected that an application for the listing of the Resulting Issuer Shares will be submitted to the Exchange following the execution of the Definitive Agreement. Completion of the Transaction is subject to a number of conditions, including but not limited to, receiving all required shareholder, regulatory, and other approvals. The Transaction is considered a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions and will be subject to majority of the minority shareholder approval. There can be no certainty that the Transaction will be completed on the terms set out in the LOI or at all.

A comprehensive news release will be issued by AF2 in due course disclosing details of the Transaction, including financial information with respect to EverKind, the names and backgrounds of all persons who will constitute insiders of the Resulting Issuer, the issued and outstanding securities of each of AF2 and EverKind, the terms of the exchange of securities of AF2 and EverKind, the applicable security exchange ratios, the details of any meetings of the shareholders of AF2 and EverKind required to approve the Transaction and matters related thereto (as applicable), and other material information respecting the Transaction once a Definitive Agreement has been executed and certain conditions have been met, including satisfactory completion of due diligence.

About AF2

AF2 is a CPC within the meaning of the policies of the Exchange that has not commenced commercial operations and has no assets other than cash. The officers of the Company are Michael Galloro, Chief Executive Officer, and Jonathan Held, Chief Financial Officer and Corporate Secretary. Except as specifically contemplated in the Exchange’s CPC policy, until the completion of its Qualifying Transaction, the Company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed Qualifying Transaction.

About EverKind

EverKind is an AI-powered emotional wellness platform to support reflective, wellness-curious individuals. EverKind helps users navigate mental and emotional challenges through intelligent, accessible tools that meet them where they are, combining cutting-edge AI technology with evidence-based wellness practices to help achieve balance, clarity, and personal growth.

For further information:

AF2 – Michael Galloro, mgalloro@aloefinance.com

EverKind – Harrison Newlands, hello@everkind.com

Forward-Looking Statements

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations (including negative and grammatical variations) of such words and phrases or state that certain acts, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’.

Forward-looking information in this press release may include, without limitation, statements relating to: the completion of the Transaction and the timing thereof, the execution of the Definitive Agreement, the proposed business of the Resulting Issuer, shareholder and regulatory approvals, and future press releases and disclosure.

These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding general economic and industry factors, market conditions, management’s ability to manage and to operate the EverKind business, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of each of the Resulting Issuer, the Company, or EverKind may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

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

Source

Tactical Resources Corp (TSXV:RARE)(OTC PINK:USREF) (“Tactical Resources” or the “Company”), a mineral exploration and development company, today announced a business update.

Nasdaq Transaction and U.S. Government Relations Progress

Tactical Resources continues to make progress with key project activities and is working to close its previously announced business combination with Plum Acquisition Corp. III (“Plum”), with several key milestones achieved:

• Continued work with prominent Washington, DC lobby firm to support its continued dialogue with key stakeholders in the U.S. government.
• Registration Statement progressing through regulatory review.
• Customary closing conditions are advancing as expected.
• Post-transaction Nasdaq listing anticipated to provide enhanced access to capital markets and provide access to additional funds to advance development strategy at the Peak Project.

“Our project work continues to demonstrate the promising potential of our direct-to-leach extraction process, positioning us uniquely in the rare earth elements sector,” said Ranjeet Sundher, CEO and Director of Tactical Resources. “We are actively engaging with key industry players regarding initial potential offtake discussions, which represents a significant step forward in our go-to-market strategy. Additionally, we have engaged experienced policy advisors to enhance our efforts in Washington D.C., ensuring we remain aligned with U.S. national critical minerals initiatives and defense priorities.”

Additional information may be found in the updated Tactical Resources Corporate Presentation. To sign up for Tactical Resources News Alerts, visit our Website (www.tacticalresources.com).

Market Dynamics

Policy + geopolitics

China tightened rare-earth export controls on Oct 9, 2025, expanding licensing and targeting defense and semiconductor end-uses-escalating supply-security risk for non-Chinese buyers.

U.S. federal support increased materially in 2025. In July 2025, the U.S. Department of Defense (DoD) announced a multi-billion-dollar public-private partnership with MP Materials to accelerate domestic magnet independence; contemporaneous reporting noted price floors for key REEs and a new large-scale magnet factory plan.

The Administration also pursued broader critical-minerals trade/security actions in 2025 (e.g., Section 232-related measures) and reiterated DPA use to expand domestic mineral capacity.

Market indicators

The VanEck Rare Earth & Strategic Metals ETF (REMX)-a liquid proxy for REE equities tracking the MVIS Global Rare Earth/Strategic Metals Index (MVREMXTR)-was +85.76% YTD as of Oct 8, 2025 (AUM ~$1.11B).

Supply-demand snapshots

Strategic context: Recent nonpartisan analysis (Oct 2025) emphasize that the U.S. remains behind on critical minerals/REE resilience and must couple onshoring with allied supply-chain strategies-consistent with the federal actions above.

Implications for Tactical Resources (sector-level)

China control tightening on REE export control, plus a more interventionist U.S. policy environment (price floors, DoD partnerships, DPA/Section 232 activity) tends to raise the option value of near-term, domestic, lower-capex feedstock-to-leach pathways and recycling/tailings-based REE projects-particularly those aligned with defense-relevant magnet materials and capable of accelerating time-to-first-production.

Path Forward

Currently, in addition to advancing the transaction with Plum, Tactical Resources continues to conduct ongoing project work to further analyze the potential of the Peak Project’s rare earth output and refine its growth strategy. Following the anticipated transaction closing, Tactical Resources plans to:

• Complete additional assessments for rare earth extraction and processing.
• Advance Phase 1 demonstration plant development.
• Evaluate near-term value-add opportunities around potential to provide non-dilutive project funding.
• Continue optimization work on the direct-leach extraction process.

This press release has been authorized for issue by Director and CEO of Tactical Resources, Ranjeet Sundher.

About Tactical Resources

Tactical Resources is a mineral exploration and development company focused on U.S.-made rare earth elements used in semiconductors, electric vehicles, advanced robotics, and most importantly, national defense. The Company is also actively involved in the development of innovative metallurgical processing techniques to further unlock REE’s development potential.

Ranjeet Sundher, Chief Executive Officer
Tel: +1-778-588-5483

For additional information, please visit www.tacticalresources.com.

About Plum Acquisition Corp. III

Plum Acquisition Corp. III is a special purpose acquisition company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Plum Partners seeks to establish itself as the first-stop SPAC platform for high-quality companies, and the management team’s decades of operational experience leading technology companies, and Plum Partner’s proprietary Accelerating Through the Bell operational playbook, helps companies list and grow in the public markets.

For additional information, please visit https://plumpartners.com/.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Business Combination and has neither approved nor disapproved the contents of this press release. 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 release.

Forward Looking Statements

Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,” “may,” “target,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” “preliminary,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, Plum’s, Tactical Resources’, or their respective management teams’ expectations concerning the outlook for their or Tactical Resources’ business, productivity, plans, and goals for future operational improvements and capital investments, operational performance, future market conditions, or economic performance and developments in the capital and credit markets and expected future financial performance, including expected net proceeds, expected additional funding, the support of key stakeholders in the U.S. government, the percentage of redemptions of Plum’s public stockholders, growth prospects and outlook of Tactical Resources’ operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of Tactical Resources’ projects, as well as any information concerning possible or assumed future results of operations of Tactical Resources. Forward-looking statements also include statements regarding the expected benefits of the Business Combination. The forward-looking statements are based on the current expectations of the respective management teams of Tactical Resources and Plum, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of Plum’s securities; (ii) the risk that the Business Combination may not be completed by Plum’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Plum; (iii) the failure to satisfy the conditions to the consummation of the Business Combination, including the adoption of the Business Combination Agreement by the shareholders of Plum and Tactical Resources and the receipt of certain regulatory and court approvals; (iv) market risks; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (vi) the effect of the announcement or pendency of the Business Combination on Tactical Resources’ business relationships, performance, and business generally; (vii) risks that the Business Combination disrupts current plans of Tactical Resources and potential difficulties in its employee retention as a result of the Business Combination; (viii) the outcome of any legal proceedings that may be instituted against Tactical Resources or Plum related to the Business Combination Agreement or the Business Combination; (ix) failure to realize the anticipated benefits of the Business Combination; (x) the inability to meet listing requirements to list Plum III Merger Corp.’s (“Pubco”) securities on Nasdaq; (xi) the risk that the price of Pubco’s securities may be volatile due to a variety of factors, including changes in the highly competitive industries in which Tactical Resources plans to operate, variations in performance across competitors, changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro-economic and social environments affecting its business, and changes in the combined capital structure; (xii) the inability to implement business plans, forecasts, and other expectations after the completion of the Business Combination, identify and realize additional opportunities, and manage its growth and expanding operations; (xiii) the risk that Tactical Resources may not be able to successfully develop its mining projects, and/or its expansion plan (xiv) the risk that Tactical Resources will be unable to raise additional capital to execute its business plan, which many not be available on acceptable terms or at all; (xv) political and social risks of operating in the U.S. and other countries; (xvi) the operational hazards and risks that Tactical Resources faces; and (xvii) the risk that additional financing in connection with the Business Combination may not be raised on favorable terms, or at all. The foregoing list is not exhaustive, and there may be additional risks that neither Plum nor Tactical Resources presently knows or that Plum and Tactical Resources currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this press release and the other risks and uncertainties described in the “Risk Factors” section of Plum’s Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 28, 2025, the risks described in the Registration Statement on Form F-4 and the amendments thereto (the “Registration Statement”), which was initially filed by Pubco on October 29, 2024 and includes a preliminary proxy statement/prospectus, and those discussed and identified in filings made with the SEC by Plum and Pubco and filings made by Tactical Resources with the Canadian Securities Administrators (the “CSA”) from time to time. Tactical Resources and Plum caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this press release speak only as of the date of this press release. None of Tactical Resources, Plum, or Pubco undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that Tactical Resources, Plum, or Pubco will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Business Combination, in Plum’s or Pubco’s public filings with the SEC, or Tactical Resources’ filings with the CSA, which are or will be (as appropriate) accessible at www.sec.gov or on SEDAR+ at www.sedarplus.ca , and which you are advised to review carefully.

Important Information for Investors and Shareholders

In connection with the Business Combination, Pubco and the Company have filed the Registration Statement with the SEC, which includes a prospectus with respect to Pubco’s securities to be issued in connection with the Business Combination and a proxy statement to be distributed to holders of Plum’s common shares in connection with Plum’s solicitation of proxies for the vote by Plum’s shareholders with respect to the Business Combination and other matters to be described in the Registration Statement (the “Proxy Statement”). After the SEC declares the Registration Statement effective, Plum plans to file a definitive Proxy Statement and prospectus with the SEC and to mail copies to stockholders of Plum as of a record date to be established for voting on the Business Combination. In addition, the Company will prepare and mail an information circular relating to the Business Combination to its shareholders. This press release does not contain all the information that should be considered concerning the Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that Pubco or Plum may file with the SEC or that Tactical Resources may file with the CSA. Before making any investment or voting decision, investors and security holders of Plum and Tactical Resources are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC or CSA in connection with the Business Combination as they become available because they will contain important information about Tactical Resources, Plum, Pubco and the Business Combination.

Investors and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by Pubco and Plum through the website maintained by the SEC at www.sec.gov and with the CSA through SEDAR+ at www.sedarplus.ca. In addition, the documents filed by Pubco and Plum may be obtained free of charge from Plum’s website at https://plumpartners.com/ or by directing a request to Kanishka Roy, Chief Executive Officer, 2021 Fillmore St. #2089, San Francisco, California 94115; Tel: 929-529-7125. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation

Tactical Resources, Plum, Pubco and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC or CSA, be deemed to be participants in the solicitations of proxies in connection with the Business Combination. For more information about the names, affiliations and interests of Plum’s directors and executive officers, please refer to Plum’s annual report on Form 10-K filed with the SEC on March 28, 2025, and Registration Statement, Proxy Statement and other relevant materials filed with the SEC in connection with the Business Combination when they become available. Information about the directors and executive officers of Tactical Resources can be found in its Management Information Circular dated October 26, 2023, which was filed with the CSA on November 11, 2023. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of Plum’s or Tactical Resource’s shareholders generally, are included in the Registration Statement and the Proxy Statement as filed with the SEC or the CSA and other relevant materials when they become available. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement and other such documents carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

No Offer or Solicitation

This release shall not constitute a “solicitation” as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This release shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.

Investor and Media Relations Contact

Media
media@tacticalresources.com

Investors
investors@tacticalresources.com

Source

The Governments of the United States and the Democratic Republic of the Congo (DRC) co-hosted the U.S.–DRC Economic and Investment Forum in Washington, D.C. The two-day event convened senior officials from both governments, institutional investors, representatives of major development finance institutions, and executives from leading U.S. and Congolese companies to strengthen bilateral economic relations, expand trade and investment, and promote sustainable development. The event was hosted by Her Excellency, Judith Suminwa, who is the first woman prime minister of the DRC.

The Forum highlighted investment opportunities across key sectors including mining and critical minerals, energy, infrastructure, agriculture, manufacturing, technology, and environmental sustainability, aiming to foster public–private partnerships grounded in transparency, good governance, and environmental responsibility, while advancing reforms to improve the DRC’s business climate.

The Forum followed a successful U.S.–DRC investment roundtable hosted earlier in the year in Washington, D.C., by President Donald J. Trump and President Félix Tshisekedi, which underscored both nations’ commitment to building a strategic, investment-driven partnership. The meeting focused on advancing collaboration in the responsible sourcing and processing of critical minerals—such as cobalt, lithium, copper, and tantalum— essential to the global clean energy and technology sectors. U.S. Secretary of State Marco Rubio has previously emphasized the strategic importance of protecting U.S. interests in critical minerals and supporting peace and stability in the region, highlighting the role of responsible investment in fostering regional security and long-term growth.

President Trump has stated: ‘Our partnership with the Democratic Republic of the Congo provides the United States with a strategic advantage by securing critical minerals essential to our industries. U.S. companies are ready to step up and invest. For them to succeed, they need transparency, predictable governance, and a stronger enabling environment in the DRC.’ The Chairman and CEO of African Discovery Group, Alan Kessler stressed in his roundtable with the Governor of Lualaba, DRC, Fifi Masuka Saini, a focus on governance and bankability of underlying projects. This theme of corporate governance has been stated numerous times by Commerce Secretary Howard Lutnick, as a key to unlocking US investment. The DRC holds approximately $30 trillion of mineral wealth at current prices, while the United States holds approximately 55% of the world’s global institutional assets.

As part of this deepening bilateral cooperation, a major milestone was marked by African Discovery Group (AFDG) announcing a move to acquire the Butembo copper exploration license in the DRC as part of a strategic push to create a new dedicated American copper company, signaling growing investor confidence and the strengthening of bilateral economic ties.

The forum additionally acts as a backdrop to further tensions in US-China trade on strategic minerals and metals, with U.S. Trade Representative Jamieson Greer adding that China’s recent restrictions on minerals exports are prompting a ‘global supply chain power grab.’

CONTACT: mg@africandiscoverygroup.com

Source

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 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.

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

Chart via CoinMarketCap.

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.

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.