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American Uranium Limited (ASX:AMU, OTC:AMUIF) (American Uranium, AMU or the Company) is pleased to advise that 2025 resource expansion drilling at its Lo Herma ISR uranium project in Wyoming’s Powder River Basin (Lo Herma, the Project) has been completed according to plan with the drilling of 50 mud rotary holes for 53,460 feet (~16,300 metres).

The resource expansion drilling and recently completed pump testing program2 represent significant steps in the efforts to expand and upgrade the resource and validate aquifer transmissivity to support Lo Herma’s progression towards ISR mine development.

Highlights

  • Fifty (50) resource expansion drill holes, for ~16,300m (53,460ft), completed for 2025
  • Drilling confirms projected uranium mineralised trends north of proposed Mine Units 1 and 2 by up to 3000 metres (10,000 feet) from mineralised drill holes
  • Best mineralised intercepts reported include 4.1m (3.5ft) at 0.078% (780ppm) eU308 containing 1m (3.5ft) at 0.143% (1,430ppm) eU308 in hole LH-25-048
  • Best total hole GT1 of 1.41 over 7.6m (25 ft) in 2 stacked sand units in LH-25-048
  • Planned Mineral Resource Estimate update and further drilling anticipated in 2026
  • Twelve (12) new mineral claims secured, totalling 96 hectares (238 acres) staked to extend the project north of proposed Mine Unit 2
  • Hydrogeologic and drilling programs aim to de-risk and advance the Lo Herma ISR Project towards a planned 2026 Scoping Study update

Speaking about the drill results, American Uranium’s CEO and Executive Director Mr Bruce Lane commented: “We are delighted that this resource expansion drilling has delivered strong grades with generous thicknesses in multiple stacked sands of both the Wasatch and the Fort Union formations. We remain very optimistic that the results of this expansion drilling campaign at Lo Herma can be brought into additional resource pounds. This year’s drilling has successfully demonstrated that the host sandstone units contain reliable continuity of mineralisation across extended trends for 3km (10,000ft) to the north of the current proposed mine units. With resource expansion drilling now completed for 2025, we look forward to the full geological evaluation of these results in early 2026 ahead of the next phase of drilling. Petrotek’s hydrogeological testing report is expected shortly which, along with the latest drilling data, will help guide the next steps of project development.

“AMU continues to both grow and de-risk the Project as we progress toward an update of the Lo Herma Scoping Study in 2026.”

Click here for the full ASX Release

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Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) announces that it has granted 2,600,000 incentive stock options to directors, officers and employees pursuant to the terms of the Company’s Stock Option Plan. These options vest over a period of two years from the date of grant, have an exercise price of $0.63 per share and will expire five years from the date of grant.

The Company also announces that pursuant to its Deferred Share Unit (‘DSU‘) Plan, it has granted 95,238 DSUs for services rendered in 2024 to independent directors of the Company. Each DSU entitles the holder, when settled, to receive one common share (or, as otherwise determined by the board of directors, a cash amount equal to the value of one common share). All currency in this news release is denominated in Canadian dollars.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) and (FSE: 3GE) is focussed on its recent Ballywire zinc, lead, silver, copper and germanium discovery in the Republic of Ireland. Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead project, which itself is located adjacent to Glencore’s Pallas Green zinc-lead project. The Company’s two largest shareholders are Michael Gentile (13.8% interest) and Glencore Canada Corp. (13.7%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.lau@groupelevenresources.com | T: 604-781-4915

Neither 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.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278454

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The changes include new options for developers to distribute apps and process payments, and new protections to help reduce privacy and security risks the MSCA creates

Apple® today announced changes impacting iOS apps in Japan to comply with the Mobile Software Competition Act (MSCA). These updates create new options for developers to distribute apps on alternative app marketplaces and to process app payments for digital goods and services outside of Apple In-App Purchase. Across these changes, Apple has worked to reduce new privacy and security risks the law creates to provide users in Japan the best and safest experience possible.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251217568962/en/

The MSCA’s requirements for alternative app marketplaces and app payments open new avenues for malware, fraud and scams, and privacy and security risks. Apple has worked with Japanese regulators to introduce protections from new threats — including important safeguards for younger users. These protections include Notarization for iOS apps, an authorization process for app marketplaces, and requirements that help protect children from inappropriate content and scams.

While these safeguards do not eliminate the new risks, they are essential to Apple’s work to ensure iOS remains the best, most secure mobile platform available in Japan. Apple will continue to engage with regulators on strengthening protections for iOS users.

Developers can learn about the new capabilities on the Apple Developer Support page and can integrate them into their apps beginning today as part of the iOS 26.2 release.

New Options for Developers to Distribute Apps on iOS in Japan

The App Store® — where every app is reviewed to meet the App Store’s high bar for privacy and security — remains the best place for iOS users in Japan to discover and download the apps they love. This includes App Store features that protect users against fraud and scams and empower parents to ensure their kids have age-appropriate experiences.

With the MSCA’s new requirements, developers will also have the option to distribute iOS apps in Japan using alternative app marketplaces other than the App Store. Alternative app marketplaces will have to be authorized by Apple and will need to meet ongoing requirements to serve developers and users. However, apps downloaded outside the App Store will not benefit from the same protections Apple provides through App Review, introducing new risks for apps that contain scams, fraud, and abuse, or that expose users to illicit, objectionable, or harmful content not allowed on the App Store.

To reduce some of these new risks, Apple will conduct a baseline review — called Notarization — that applies to all iOS apps and focuses on basic functionality and protecting users from serious threats. This Notarization process involves a combination of automated checks and human review, and helps ensure apps function as promised and are free of known malware, viruses, or other security threats. However, Notarization is less comprehensive than the App Review process that applies to all apps on the App Store.

Developers can learn more about operating or distributing from alternative app marketplaces on the new Apple Developer Support page .

New Options for Payments in App Store Apps on iOS

On the App Store, users in Japan can continue to use Apple In-App Purchase to buy digital goods and services, manage subscriptions, request refunds, and view their payment history.

To comply with the MSCA, Apple is sharing tools that enable developers to offer more ways for users to purchase digital goods and services in apps on the App Store. For their iOS apps distributed on the App Store in Japan, developers will be able to include an alternative payment processing method in their app and/or link users to a website to complete a transaction.

These alternative payment options will always be presented alongside Apple In-App Purchase, so that users in Japan are clear on when they are transacting through Apple. When users choose to pay with Apple In-App Purchase, they’ll continue to receive familiar protections and tools like refund support, subscription management, and Report a Problem. App Store users’ purchase history and subscription management will only reflect transactions made using Apple In-App Purchase.

For apps that use alternative payment processing or link users to the web for transactions, Apple will not be able to issue refunds and will have less ability to support customers encountering issues, scams, or fraud. Users may need to share their payment information with additional parties, which can introduce new privacy and security risks.

Updated Business Terms for iOS Apps in Japan

To reflect these options for app distribution and payment processing, Apple is also sharing updated business terms for developers’ iOS apps in Japan. These business terms reflect the many ways Apple creates value for developers’ apps, whether or not they use the App Store and/or Apple In-App Purchase.

Under the business terms for iOS apps in Japan, Apple will continue to only charge a commission on the sale of digital goods and services. The new terms include:

  • App Store commission : iOS apps on the App Store will pay a reduced commission of either 10 percent for the vast majority of developers — including members of the Small Business Program, Video Partner Program, Mini Apps Partner Program, and for subscriptions following their first year — or 21 percent on transactions for digital goods and services. The App Store commission reflects the value of the tools, technology, and services that enable developers to create apps, in addition to App Store distribution, discovery, and ongoing services.
  • Store services commission : iOS apps on the App Store will pay a commission of 15 percent on transactions for digital goods and services made on a website linked to by the developer’s app. Developers in the programs mentioned above, and subscriptions following their first year, will pay a reduced rate of 10 percent.

Under these new business terms, developers that sell digital goods and services in Japan will pay Apple the same or less than they do today. Developers that do not sell digital goods and services will continue not to pay Apple any commissions or fees.

Impacts to Kids’ Online Safety

Apple created the App Store to be a safe place for kids, where parents are empowered to ensure their children have age-appropriate experiences and have the tools they need to keep their children safe online. That’s why Apple has created industry-leading features like age ratings, Content & Privacy Restrictions, content filters, Ask to Buy, and powerful controls that help parents choose how children use their devices.

With the changes introduced under the MSCA, the new options for alternative distribution and payment methods may expose children to new risks. For instance, apps downloaded from outside the App Store may include illicit and objectionable content, and they will not undergo the same rigorous review process Apple employs to evaluate apps made for children on the App Store. For instance, similar regulatory changes in Europe have enabled types of apps that were previously unavailable on iOS, including pornography apps.

In an effort to reduce new risks of fraud or scams targeting children, Apple has worked with regulators in Japan to preserve some guardrails, including:

  • Apps in the Kids category on the App Store will not include links to websites to complete transactions, to reduce the risk of fraud or scams targeting children.
  • For users under 18 years old , all apps from the App Store that use alternative payment processing or link to a website for transactions must include a parental gate that requires younger users to involve their parent or guardian before making a purchase.
  • For users under 13 years old, apps from the App Store cannot link to websites for transactions to protect against the risk of scams that target younger kids.

Developers must also continue to provide age ratings for their apps, whether their app is distributed on the App Store or an alternative app marketplace.

Apple will continue innovating to meet the evolving risks to kids’ safety online by building on the powerful tools and features it makes available today — like Child Accounts, web content filters, app restrictions, monitoring tools like Screen Time and Family Sharing, Communication Safety, and Communication Limits, which help parents shape who their children communicate with and shield them from inappropriate content.

Additional Updates to iOS

Alongside the new app distribution and payment options, Apple has introduced additional controls and choices for users in Japan with the release of iOS 26.2. These include:

  • A browser choice screen and search engine choice experience , giving users in Japan new ways to pick their preferred browser and search engine.
  • Default controls for navigation apps and app marketplaces.

Across these controls, users can review and adjust their choices at any time in Settings.

For developers, Apple is sharing tools in addition to the new options for alternative distribution and app payments, including:

  • New options for developers of browser apps to use alternative browser engines other than WebKit, with strict security and privacy requirements.
  • A new API that enables developers of voice-based conversational apps to provide users the option to launch their app with the iPhone® side button.
  • A process to request interoperability with core technologies in iPhone and iOS.

Apple is providing detailed resources to help developers understand the options now available for their apps in Japan, which they can access from the Apple Developer Support page .

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

NOTE TO EDITORS: For additional information visit Apple Newsroom ( www.apple.com/newsroom ), or email Apple’s Media Helpline at media.help@apple.com .

© 2025 Apple Inc. All rights reserved. Apple, the Apple logo, App Store and iPhone are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251217568962/en/

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Apple
pajemian@apple.com

Apple Media Helpline
media.help@apple.com

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Investor Insight

Goldgroup offers investors a rare opportunity to participate in the rapid buildout of a multi-asset gold producer in Mexico, with near-term production growth at the operating Cerro Prieto mine and the addition of two fully owned, high-impact assets – Pinos and San Francisco – positioning the company for substantial scale, re-rating potential and strong leverage to gold.

Overview

Goldgroup Mining (TSXV:GGA,OTC:GGAZF) is a Canadian gold company building a portfolio of high-quality producing and development assets across Mexico, one of the world’s premier mining jurisdictions. With two 100 percent owned gold projects – Cerro Prieto and Pinos – and the acquisition of 100 percent of the San Francisco mine, Goldgroup is positioned for rapid, disciplined production growth.

GoldGroup Mining team in safety gear standing in front of a rocky cliff.

The company’s strategy is straightforward: optimize and expand production at its flagship Cerro Prieto mine, advance Pinos toward a production decision, and bring the large-scale San Francisco mine back online. Combined, these projects outline a defined path to more than 100,000 ounces of annual production, with further upside from exploration, resource expansion and future acquisitions.

Goldgroup is guided by an experienced leadership team with deep expertise in building and optimizing mines in Mexico. The company benefits from strong financial support from the Calu Group and founders of Luca Mining, with proven track records of value creation through mine development, operational turnarounds and strategic M&A.

Company Highlights

  • Two operating or near-term production gold assets in Mexico, 100-percent-owned and fully permitted.
  • Cerro Prieto expansion completed, increasing from ~12,500 oz/year to 30,000+ oz/year during 2026 and beyond, including tailings re-processing.
  • Its second asset, Pinos, is a fully permitted high-grade underground development project with historical resources and +90 percent metallurgical recoveries.
  • San Francisco acquisition in progress, a past producer capable of ~40,000 oz/year with significant exploration upside.
  • Aggressive M&A strategy aimed at fast-tracking Goldgroup into the mid-tier producer category with advanced due diligence nearing completion. .
  • Backed by the Calu Group and the founders of Luca Mining, bringing extensive operational and financing expertise in Mexico.

Key Projects

Cerro Prieto Open Pit Gold Mine

GoldGroup Mining

Cerro Prieto is Goldgroup’s established producing operation in the Cucurpe mining district of Sonora, Mexico. It’s been in production since 2013 and is augmented by a newly expanded processing capacity that has more than doubled throughput. The mine is the cornerstone of Goldgroup’s near-term growth strategy, with ongoing optimization, a planned tailings re-processing and re-leaching initiative, and multiple drill-ready targets across the property. An updated NI 43-101 resource estimate for the Esperanzas deposit further reinforces the reliability of the mineralized system while underscoring the potential for continued resource growth.

Aerial view of GoldGroup Mining

Project Highlights

  • Producing open-pit gold mine in Sonora with 120,000+ ounces produced since 2013
  • Throughput recently doubled to 4,200+ tons per day (tpd) with installation of a second crushing circuit
  • Tailings re-leaching strategy expected to add up to 9,000 oz/year over ~5 years
  • Expansion plan targeting 30,000+ ounces of annual production
  • Updated NI 43-101 outlines 37,209 oz measured and indicated, and 1,504 oz inferred gold resources
  • Multiple exploration targets across the property, including Esperanza, Nueva Esperanza and additional zones all under definition drilling.

Pinos Gold Development Project

GoldGroup Mining

Pinos is a fully permitted, advanced-stage underground gold project positioned within the prolific Zacatecas mining belt. The district hosts 29 concessions over 3,816 hectares, with 52 shafts and more than 40 km of underground workings. Goldgroup’s internal roadmap outlines 12,700 oz/year of potential annual production from Pinos in a development scenario.

Project Highlights:

  • Multiple high-grade veins historically mined at 30 to 50 g/t gold
  • Historical measured and indicated estimate: 86,000 oz gold and 1.3 Moz silver (Candelaria Mining, 2018). Note: Historical resource only; not treated as current NI 43-101
  • Metallurgical recovery of +90 percent gold via cyanide leaching and Merrill-Crowe
  • Fully permitted for mine construction

Goldgroup plans to launch targeted exploration and resource-definition drilling at Pinos, followed by an updated economic study (PEA or PFS) that will guide a production decision for this fully permitted high-grade project.

San Francisco Open Pit Gold Mine

Aerial view of GoldGroup Mining

The San Francisco mine is a past-producing, large-scale open-pit gold operation in Sonora with extensive existing infrastructure and significant resource and exploration upside. Goldgroup has acquired the majority of creditor debt connected to the mine, enabling it to control the restructuring process and advance toward full ownership pending final court approval. With historical production of approximately 1.3 million ounces and strong metallurgical recoveries, San Francisco presents a near-term opportunity for Goldgroup to restore a proven gold mine to production and add meaningful scale to its growth profile.

Project Highlights:

  • Large-scale past producer with ~1.3 million ounces of gold produced from 2010 to 2019
  • Strong existing infrastructure: grid power, wells, ADR plants, assay lab, haul roads
  • High processing capacity of 16,875 tpd via two parallel crushing circuits
  • Good metallurgical recoveries ranging from 77 percent to 90 percent
  • Multiple new high-grade zones identified behind and below pit walls
  • Restart plan underway, including drilling to upgrade resources and update the mine plan

Management Team

Ralph Shearing – Chief Executive Officer

A professional geologist with nearly four decades of experience in mining and exploration, Ralph Shearing founded and led Luca Mining Corp, where he oversaw major development milestones such as the exploration, initial development construction and pre-production of the Tahuehueto gold mine, the acquisition and successful restart of production of the Campo Morado zinc poly-metalic mine in Mexico.

Anthony Balic – Chief Financial Officer & Director

Previously the director of finance for Goldgroup, Anthony Balic has extensive experience in mining finance, including senior roles at Deloitte LLP specializing in assurance and advisory for mining companies. He oversees corporate finance, accounting and capital strategy for Goldgroup.

Corry Silbernagel – Director

Corry Silbernagel is a veteran financial and technical specialist with experience across mining and energy. He is the former CFO of Cabo Drilling and project manager for large-scale initiatives at Suncor and TransAlta. Silbernagel brings expertise in strategic finance, project development and operational oversight.

Blair Jordan – Director

Blair Jordan is managing partner at Restructure Advisors, with deep experience in corporate restructuring, turnaround strategies and investment banking. He held CFO and interim CEO roles in multiple public companies, and is the former managing director at Echelon Wealth Partners.

Roberto Guzman – Director

Roberto Guzman is a finance leader with more than 25 years of experience in Mexico’s financial sector. Jordan holds an advanced degree in finance from Universidad Tecnologica de Mexico and has served as finance manager for numerous public and private Mexican companies.

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John Rubino, who writes a newsletter on Substack, shares his thoughts on silver’s impressive 2025 price rise, saying he thinks the metal could hit US$100 per ounce next year.

‘This is real, it’s long overdue and it’s nowhere near done yet,’ he said

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

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While the Bitcoin price was volatile in 2025, the overall crypto sector spent the year moving from the fringes of finance toward formal recognition, regulatory scrutiny and institutional participation.

Countries around the world took measures to better oversee the market and integrate crypto into their systems, establishing strategic Bitcoin reserves and embracing new spot exchange-traded funds (ETFs).

Before the new year begins, here’s a look at our most popular crypto news stories of 2025.

1. Australian Treasury Releases Draft Bill on Cryptocurrency Exchange Regulation

Publish date: October 8, 2025

Australia was active in the crypto space this year, releasing a draft bill to regulate cryptocurrency exchanges. It proposes bringing crypto platforms under the Australian Financial Services License (AFSL) regime.

The bill forms part of Australia’s broader digital asset strategy, which was unveiled in March and is aimed at delivering effective settings for digital assets and payment stablecoins.

At present, digital asset exchanges in Australia are only required to register with the Australian Transaction Reports and Analysis Center and follow anti-money laundering and customer ID regulations.

Under the bill, any entity providing specified services in relation to digital asset platforms or tokenized custody platforms will be regarded as a “financial service” provider and therefore be required to hold an AFSL.

2. Bitcoin Should be Treated Like Cash, Australian Judge Rules

Publish date: May 23, 2025

Australia’s crypto market was also energized in May, when a court ruling cut to the heart of how Bitcoin should be treated under the law. Judge Michael O’Connell ruled that Bitcoin transactions should be treated similarly to cash, rather than as an investment asset like gold or shares, and therefore be exempt from capital gains tax.

The decision arose from a hearing involving William Wheatley, a former Australian federal police officer who was accused of stealing 81.6 BTC in 2019. At the time of the alleged theft, the Bitcoin were valued at about AU$492,000 in total; today, they would be worth much more — roughly AU$10.8 million.

In his ruling, O’Connell described Bitcoin as a form of property, but emphasized it is more comparable to Australian dollars than to traditional investment assets. The implications of the decision are potentially significant, although narrow. If upheld on appeal, it would apply only to Bitcoin and only to transactions made from 2019 onward.

The ruling landed amid growing public engagement with crypto in Australia.

According to the Independent Reserve Cryptocurrency Index, released in February, 31 percent of Australians have invested in or held crypto, with 70 percent of those investors holding Bitcoin. The same research found that 73.4 percent of respondents consider Bitcoin to be money, a store of value or an investment asset.

3. 5 US States Mulling Bitcoin Reserves as Trump Pushes for National Adoption

Publish date: January 14, 2025

Early in the year, spurred in part by advocacy from then-incoming President Donald Trump and his allies, several US states moved to explore or implement strategic Bitcoin reserves.

These discussions gained momentum after Bitcoin reached new all-time highs in 2024, drawing attention from lawmakers interested in its potential as a hedge against inflation and economic instability.

By the end of 2024, five states — Texas, Pennsylvania, Ohio, New Hampshire and North Dakota — were actively considering measures to incorporate Bitcoin into their financial systems.

US state interest in crypto reserves has continued in 2025.

In December, Texas launched a crypto reserve with a US$5 million purchase of Bitcoin. The Texas Comptroller’s Office said it is a “placeholder investment” while the state works to contract with a crypto bank.

The purchase represented half of the US$10 million appropriated by the legislature and made Texas the first state to actually fund a strategic crypto reserve.

4. Dogecoin and XRP Enter ETF Mainstream with First US Spot Listings

Publish date: September 19, 2025

Institutional adoption also advanced through financial markets. In a milestone for altcoins, Dogecoin and XRP entered the US spot ETF market. REX-Osprey launched the REX-Osprey DOGE ETF (CBOE:DOJE) and the REX-Osprey XRP ETF (CBOE:XRPR), the first US-listed ETFs to offer spot exposure to those tokens.

Greg King, CEO and founder of REX Financial and Osprey Funds, framed the launches as a natural extension of investor demand. “Investors look to ETFs as trading and access vehicles,’ he said.

“The digital asset revolution is already underway, and to be able to offer exposure to some of the most popular digital assets is something REX-Osprey is proud of and has worked diligently to achieve,” King added.

Dogecoin, created in 2013 as a parody, gained notoriety through online communities and celebrity attention, while XRP has been positioned as a tool for fast, low-cost cross-border payments.

5. Crypto Outflows Hit US$1.3 Billion for Second Week

Publish date: November 10, 2025

Crypto funds recorded US$1.3 billion in weekly outflows for the second consecutive week midway through November. Bitcoin products accounted for US$932 million of that total, with Ether seeing US$438 million in redemptions.

The pullback came amid investor caution following the prolonged US government shutdown and a lack of key economic data. Short Bitcoin funds, meanwhile, saw their largest inflows since May.

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

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Here’s a quick recap of the crypto landscape for Wednesday (December 17) as of 12 noon 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$86,981, down by 1 percent over 24 hours.

Bitcoin price performance, December 17, 2025.

Bitcoin price performance, December 17, 2025.

Chart via TradingView

Ether (ETH) was priced at US$2,927.84, down by 2.6 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.91, down by 1.7 percent over 24 hours.
  • Solana (SOL) was trading at US$127.60, down by 3.5 percent over 24 hours.

Today’s crypto news to know

Hut 8 stock jumps after securing Google-backed AI deal

Bitcoin miner Hut 8 (TSX:HUT) is leaning harder into artificial intelligence infrastructure after locking in a 15-year, US$7 billion lease tied to its River Bend campus in Louisiana.

The agreement covers 245 megawatts of IT capacity and includes a financial backstop from Google, which guarantees lease payments for the duration of the base term.

While Google will not operate the facility or run workloads on-site, its backing significantly lowers counterparty risk and boosted investor confidence. Hut 8 shares rose nearly 4 percent in regular trading before surging more than 21 percent in premarket action, extending year-to-date gains to roughly 79 percent.

The deal ranks among the largest AI infrastructure commitments ever secured by a publicly listed Bitcoin miner.

US senators push new task force as crypto scams cost Americans US$9.3B

A bipartisan pair of US senators has introduced legislation aimed at tightening the federal response to cryptocurrency-related fraud after reported losses surged last year.

The SAFE Crypto Act would require the Treasury Department to form a dedicated task force focused on detecting and preventing crypto scams.

Lawmakers cited FBI data showing Americans lost about US$9.3 billion to crypto investment fraud in 2024, a 66 percent jump from the previous year. Older investors accounted for a disproportionate share of those losses, according to federal officials.

The proposed task force would bring together agencies including the Treasury, DOJ, FinCEN, and the Secret Service, alongside state and local law enforcement.

Russian regions back expanded crypto mining bans

Energy officials in parts of eastern Russia are welcoming plans to extend seasonal crypto mining bans into year-round prohibitions, the Russian newspaper Kommersant reported.

Authorities are expected to block all mining activity in southern Buryatia and Zabaykalsky Krai starting in 2026, citing chronic strain on local power grids.

Regional officials said electricity shortages across several Siberian regions have approached 3,000 megawatts, making mining restrictions a necessary stabilizing measure. The move would also expand an existing winter-only ban that runs from mid-November through mid-March.

The decision marks a reversal from earlier government signals that no additional mining bans were planned.

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

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

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(TheNewswire)

Laurion Mineral Exploration Inc.

 

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

TORONTO, ONTARIO (December 17, 2025) TheNewswire – Laurion Mineral Exploration Inc. (TSX.V: LME|OTC: LMEFF|FSE: 5YD) (‘LAURION’ or the ‘Corporation’) today announced that it is proposing to complete a flow-through private placement on a non-brokered basis (the ‘Private Placement’). The Corporation intends to raise up to approximately $1.6 million in gross proceeds by issuing up to approximately 4,848,485 ‘flow through’ units (‘FT Units’) at a price of $0.33 per FT Unit.

Each FT Unit will consist of one common share of the Corporation to be issued as a ‘flow-through share’ (as defined in subsection 66(15) of the Income Tax Act (Canada) (the ‘Tax Act‘)) and one-half of one common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant will entitle the holder thereof to acquire one non flow-through common share of the Corporation at a price of $0.39 per share for a period of 24 months from the date of issuance.

The gross proceeds raised from the FT Units will be used to incur eligible ‘Canadian exploration expenses’ (‘CEE‘) at the Corporation’s flagship Ishkõday Project that qualify as ‘flow-through mining expenditures’, as such terms are defined in the Tax Act. LAURION intends to allocate the proceeds from the Private Placement to advance the Corporation’s 2026 drill program on the Ishkõday property, focusing on the gold and base metal A-Zone to the McLeod and CRK corridor (approximately 1.9 km strike) and the proximal orogenic Sturgeon River Mine area, located within the 6.0 x 2.5 km mineralized corridor. The program will include systematic in-fill and step-out drilling to define continuity of known mineralized envelopes and test depth and strike extensions where mineralization converges. LAURION’s exploration strategy aims to build resource potential within the A-Zone and Sturgeon River Mine corridors.

The closing of the Private Placement, as well as the payment of any finders’ fees in connection therewith, are subject to the approval of the TSX Venture Exchange (the ‘TSXV‘). The Corporation intends to close the Private Placement on or about December 19, 2025, subject to receipt of all necessary regulatory approvals. In connection with the Private Placement, the Corporation may pay finders’ fees. All securities issued pursuant to the Private Placement will be subject to, among other things, a hold period of four months and one day in accordance with applicable Canadian securities laws.

Qualified Person

 

The technical contents of this release were reviewed and approved by Jean-Philippe Paiement, PGeo, MSc, a consultant to LAURION and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

 

About LAURION Mineral Exploration Inc.

 

The Corporation is a mid-stage junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has 274,097,283 outstanding shares, of which approximately 73.6% are owned and controlled by insiders who are eligible investors under the ‘Friends and Family’ categories.

 

LAURION’s emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km2 Ishkõday Project, and its gold-rich polymetallic mineralization.

 

LAURION’s chief priority remains maximizing shareholder value. A large portion of the Corporation’s focus in this regard falls within the scope of its mineral exploration activities and more specifically, advancing the Ishkõday Project. A consequence of LAURION’s success and advancement over the past several years is that the Corporation has become positioned as an acquisition target for appropriate potential acquirors. Accordingly, the Corporation’s Board of Directors is aware that possible strategic alternatives and transactional opportunities may arise and/or could be procured in the short or medium terms. The Corporation will promptly issue a press release if any material change occurs.

 

FOR FURTHER INFORMATION, CONTACT:


LAURION Mineral Exploration Inc.

 

Cynthia Le Sueur-Aquin – President and CEO

Tel: 1-705-788-9186 Fax: 1-705-805-9256

 

Douglas Vass – Investor Relations Consultant

Email: info@laurion.ca

 

Website: http://www.LAURION.ca

 

Follow us on: X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn ()

 

Caution Regarding Forward-Looking Information

 

This press release contains forward-looking statements, which reflect the Corporation’s current expectations regarding future events including with respect to LAURION’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, the completion of the Private Placement, the anticipated size, timing and use of proceeds of the Private Placement, the finders’ fees that may be paid by the Corporation in connection with the Private Placement, the Corporation’s ability to advance, expand and/or develop the Ishkõday Project, the nature, focus, timing and potential results of the Corporation’s exploration, drilling and prospecting activities in 2025 and beyond, including the Corporation’s 2026 drill program described in this press release, and any possible strategic alternatives and transactional opportunities that may arise and/or could be procured in the future with respect to the Corporation. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSXV not providing its approval for the Private Placement (including the payment of finders’ fees in connection therewith) or any strategic alternatives or transactional opportunities, the interpretation and actual results of current exploration activities, future prices of gold and/or other metals, and those factors disclosed in the Corporation’s publicly filed documents. Investors should consult the Corporation’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Corporation’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update these forward-looking statements. All sample values are from grab samples and channel samples, which by their nature, are not necessarily representative of overall grades of mineralized areas. Readers are cautioned to not place undue reliance on the assay values reported in this press release.

 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

    

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Nuvau Minerals Inc. (TSXV: NMC,OTC:NMCPF) is pleased to announce it has entered into a six-month agreement with Bunt Capital Corporation (‘Bunt Capital’), based in Toronto, Ontario, to provide investor relations services to the Company. Bunt is a full-service marketing and consulting services company focused on the junior metals and mining sector. Bunt will communicate directly with existing shareholders, analysts and prospective investors. Under the agreement, Bunt Capital will provide investor relations and capital-markets advisory services, including institutional and family-office outreach and coordination of non-deal roadshows.

The Company will pay Bunt Capital C$15,000 per month plus applicable taxes, invoiced monthly in arrears, from working capital, for a total of C$90,000 plus taxes over the six-month term. Bunt may from time to time acquire or dispose of securities of the Company through the market, privately or otherwise, as circumstances or market conditions warrant. Bunt has also agreed to the Company’s insider trading policy and will observe the Company’s trading blackouts. Bunt and its affiliates are at arm’s length to the Company and have no other relationship with the Company, except pursuant to the engagement agreement. The engagement is subject to acceptance of the TSX Venture Exchange.

About Nuvau Minerals Inc.

Nuvau is a Canadian mining company focused on the Abitibi Region of mine-friendly Québec. Nuvau’s principal asset is the Matagami Property that is host to significant existing processing infrastructure and multiple mineral deposits and is being acquired from Glencore.

For further information please contact:
Nuvau Minerals Inc.
Peter van Alphen
President and CEO
Telephone: 416-525-60236
Email: pvanalphen@nuvauminerals.com

Cautionary Statements

This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning , the potential of the Matagami Property. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami Property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, neither the Company nor Nuvau undertakes any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278331

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