Insider Legacy Secret
Category

Investing

Category
In Investing

BHP to Invest Over AU$840 Million in Olympic Dam Operation as Copper Demand Grows

No Comments

Major miner BHP (ASX:BHP,NYSE:BHP,LSE:BHP) welcomed October with the news that it will invest over AU$840 million in its Olympic Dam copper operation in South Australia.

In an October 1 release, the commodities giant said that the funding is for a series of “growth-enabling projects” at the site, focused on strengthening underground mining productivity.

The company outlines several priority projects it intends to pursue at Olympic Dam, namely the construction of an underground access tunnel, a new backfill system, expansion of ore pass capacity and the installation of a new oxygen plant to improve smelter performance and support increased copper-processing capability.

“We expect to grow our copper base from 1.7 million tonnes to around 2.5 million tonnes per annum,” shared BHP COO Edgar Baston. “Achieving that scale requires significant copper growth, and we are fortunate to have a world-class copper province right here in South Australia to do just that.” According to Baston, BHP’s South Australian copper province has been delivering over 300,000 tonnes a year for the past three years.

Copper demand set to rise

In a global trade update shared in May, UN Trade & Development notes that global demand for copper is expected to grow by over 40 percent by 2040. This projected demand increase will drive supply requirements, with the organisation citing the need for around 80 new mines and US$250 billion in investment by 2030 to keep up.

For its part, BHP notes that global copper demand is projected to grow 70 percent by 2050 due to population growth, rising living standards and the energy transition. It adds that this poses a general opportunity for South Australia, underlining that it holds about two-thirds of Australia’s copper resources.

History of Olympic Dam

Olympic Dam was acquired by BHP in 2005 through its acquisition of Western Mining. It has become a cornerstone of BHP’s copper portfolio, with copper accounting for around 70 percent of the asset’s total revenue.

In its 2025 fiscal year, BHP reported a production of over 2 million tonnes of copper for the first time.

Don Farrell, Australian minister for trade and tourism, commented on the company’s investment in Olympic Dam, noting, ‘Australia is at the forefront of the energy transition in which copper is a vital resource and by securing the continued flow of copper from Olympic Dam, BHP is ensuring South Australia’s position as a key global supplier.”

BHP October updates

Also in early October, BHP iron ore cargoes were banned by Chinese iron ore buyer China Mineral Resources Group. The move reportedly stems from pricing disputes and has raised concerns for Australia.

Australia remains China’s top provider of iron ore, and BHP continues to be among the country’s major iron ore exporters, alongside Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Fortescue (ASX:FMG,OTCQX:FSUMF).

BHP has not commented on the matter as of writing.

On a positive note, BHP launched the fourth edition of its Xplor Critical Minerals Accelerator Program.

As in previous cohorts, Xplor 2026 participants can receive up to US$500,000 in equity-free funding, mentorship and access to BHP’s global network of suppliers and service providers.

Submissions close on October 15 at 11:59 p.m. AEST.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
by
Read More
In Investing

Gold Price Breaches US$4,000, Silver Tests US$50

No Comments

Gold marked a new price milestone on Wednesday (October 8), breaking US$4,000 per ounce.

The spot price hit a fresh record, rising as high as US$4,056.14 in midday trading. Future prices for gold breached US$4,000 for the first time on Tuesday (October 7) and have continued to climb higher.

The yellow metal’s rise follows a summer of consolidation. After several months of relatively flat trading, the price began pushing higher toward the end of August, quickly reaching US$3,500 and continuing on up.

Gold futures are up about 12 percent in the last month, and just over 54 percent year-to-date.

Gold price, October 1 to October 8, 2025.

Gold price, October 1 to October 8, 2025.

Gold’s latest rise began last week, after US Congress failed to reach an agreement on a spending bill ahead of the new fiscal year, triggering a government shutdown. The closure has now lasted a week, with a key sticking point between Democrats and Republicans being an extension to billions of dollars in subsidies for Obamacare.

US President Donald Trump said Monday (October 6) that negotiations were taking place with Democrats and ‘could lead to very good things’ in terms of healthcare. However, Senator Chuck Schumer and Representative Hakeem Jeffries, Congress’ two Democrat leaders, said no talks were happening and that the White House ‘has gone radio silent.’

Various issues are emerging as the shutdown progresses, with one of the most recent being the Trump administration’s suggestion that furloughed federal workers may not receive backpay.

Beyond current events, gold’s rise is underpinned by factors like strong central bank buying, global geopolitical uncertainty, concerns about the US dollar and other fiat currencies and expectations of lower interest rates.

Those elements have many experts predicting a rise well beyond US$4,000 for the precious metal, likely before the end of the year, although a correction is widely expected beforehand.

Gold’s sister metal silver is also surging higher this week, despite a pullback in the the price on Tuesday.

Silver price, October 1 to October 8, 2025.

Silver price, October 1 to October 8, 2025.

The white metal rose as high as US$48.74 per ounce on Monday, but retreated on Tuesday to the US$47.80 level. On Wednesday, silver followed gold higher to US$49.42 by midday.

Silver was last at these price points in 2011, and is close to its 1980 all-time high.

As with gold, experts see a silver correction as natural given its rapid ascent, but think the rally is far from over.

‘The idea that this bull market is over is a fallacy. I would exercise caution, because I believe we’re due a correction. But I’m very happy with silver’s performance so far year-to-date,’ said analyst Ted Butler.

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

This post appeared first on investingnews.com
by
Read More
In Investing

How to Invest in Platinum Stocks, Bullion and More

No Comments

Platinum is the third most traded precious metal in the world after gold and silver, and investment demand is growing.

It is also an industrial metal that is widely used in a variety of sectors. The four main uses of platinum are in catalytic converters for the automotive industry; as a material in jewelry; in industrial applications in various sectors including fertilizers, hard drives, electronics, and glass manufacturing; and in medical devices and pharmaceuticals.

The long-term outlook for platinum is strong, making the sector potentially compelling for investors. In September 2025, platinum prices surged above US$1,500 for the first time since July 2014, and crossed US$1,600 before the month closed.

Here’s a brief overview of platinum supply and demand dynamics, as well as a look at a few different ways to start investing in platinum, namely bullion, platinum stocks, exchange-traded funds (ETFs) and futures.

In this article

    What is platinum?

    Platinum is a silvery-white precious metal that is soft and ductile. It is highly prized for its durability and excellent catalytic properties, such as a high melting point, resistance to corrosion and simple acids, and ability to serve as a carbon monoxide oxidation catalyst. Platinum’s symbol on the periodic table of elements is Pt.

    Platinum is the most abundant and widely used of the platinum-group metals (PGMs), which also includes palladium, rhodium, iridium and other metals.

    Platinum is not typically mined on its own, but rather alongside palladium and other PGMs within nickel and copper ores or chromitite.

    Platinum demand trends

    Platinum’s diversity of applications helps to create a resilient market for this metal even in an economic downturn. The four biggest demand sectors for platinum are automotive at 39 percent, jewelry at 28 percent, industrial at 24 percent and investment at 9 percent.

    Total platinum demand for 2025 is expected to come in at 7.88 million ounces, down about 4 percent from the previous year’s demand, according to the World Platinum Investment Council (WPIC), which provides quarterly market overviews.

    ‘An upgrade to jewellery demand expectations and continued robust investment demand, driven by strength in bar and coin in China, are offset by slightly weaker automotive demand and a cyclical trough in glass demand within the industrial segment,’ the WPIC noted in its Q2 2025 report.

    Automotive

    In the automotive industry, both platinum and fellow PGM palladium are used in catalytic converters for vehicle exhaust systems. Due to their differing properties, platinum is preferred for diesel engines and palladium is the metal of choice for gasoline engines.

    In recent years, platinum has been increasingly substituted for palladium in gas-powered vehicles due to high prices for palladium seen in the early 2020s. Although the price disparity has decreased, analysts expect that the substitution trend will continue for some time.

    Demand from this sector is expected to decline by 3 percent year-on-year in 2025 to 3.03 million ounces as global auto sales and production are in decline, especially in Europe, according to the WPIC.

    Another important factor impacting this segment of the market is the growing market for electric vehicle (EVs), which do not require catalytic converters to control emissions. Although EV demand growth has been slower than anticipated, which has proven positive for platinum, EVs made up over 20 percent of global new car sales in 2024.

    The transition to electric and US tariffs affecting the industry are weighing on platinum demand from the auto sector, but the WPIC says this segment of the market is ‘proving resillient’ despite these downward forces.

    Industrial

    Demand from the industrial sector is expected to be the largest drag on overall platinum demand in 2025, with the WPIC predicting it will drop by 22 percent in 2025 to 1.49 million ounces. WPIC predicts that a cyclical slowdown in new capacity in glass manufacturing will cause a 74 percent year-over-year reduction in demand from this segment of the industrial sector, translating to a drop of 515,000 ounces.

    Jewelry

    Global jewelry consumption is projected to grow by 11 percent in 2025 to reach 2.23 million ounces. Regionally, demand growth is centered in China as platinum becomes a much more affordable option compared to gold. Chinese platinum jewelry fabrication is expected to grow by 42 percent in 2025.

    Investment

    Regarding investment demand for platinum, in 2025 WPIC expects a 2 percent jump over the previous year to 718,000 ounces of the metal. Specifically looking at platinum bars and coins, the WPIC is forecasting demand in this segment to grow by 45 percent year-on-year to a two-year high of 282,000 ounces.

    Hydrogen

    In recent years, the transition to a green economy and the growth of hydrogen technologies has created another growing market for platinum. The WPIC has noted that the hydrogen market, specifically proton exchange membrane electrolyzers and hydrogen fuel-cell electric vehicles, is expected to become ‘a meaningful component of global demand by 2030 and potentially the largest segment by 2040.’

    For now, the hydrogen sector represents less than 1 percent of total platinum demand, although it is expected to increase by 19 percent this year to 49,000 ounces.

    Platinum supply trends

    The 22 percent decline year-over-year in platinum demand has not alleviated the ongoing supply-demand imbalance. The platinum market is destined to remain in a supply deficit for a third-straight year in 2025, according to WPIC estimates, with a shortfall of 850,000 ounces of the metal.

    Analysts are forecasting total platinum supply of 7.03 million ounces in 2025, a net decrease of 3 percent year-over-year.

    Recycled platinum supply is anticipated to reach 1.6 million ounces in 2025, a 6 percent jump year-over-year, as higher platinum prices incentivizing recycling of the metal.

    On the other hand, mined platinum supply is expected to fall 6 percent to 5.43 million ounces in 2025, which the WPIC attributed to lower production out of South Africa, Zimbabwe and North America.

    South Africa is by far the largest platinum country in terms of mined platinum and reserves, according to the US Geological Survey data, accounting for about 67 percent of global output. The country’s Bushveld Complex is the largest PGM resource in the world. However, ongoing electricity shortages and transport line disruptions have restrained platinum mine output from the country in recent years.

    How to invest in platinum

    Investors who believe the above market dynamics will eventually result in a higher platinum price may be interested in investing in the metal. There are several ways to invest in platinum, from platinum mining stocks and platinum ETFs to physical bars and coins and platinum futures.

    Platinum stocks

    One way to invest in platinum is to own shares of a platinum-mining company. Depending on your risk tolerance, both major platinum miners, junior exploration companies offer an easy entry point.

    Major platinum mining stocks

    Eastern Platinum (TSX:ELR,OTC Pink:ELRFF)
    Eastern Platinum, or Eastplats, has a number of directly and indirectly owned PGM assets in the Bushveld Complex of South Africa. In addition to its ongoing work recovering chrome from historical tailings at the Crocodile River mine, Eastplats is ramping up production of PGM and chrome concentrates at Crocodile River’s new Zandfontein underground mine last year.

    Impala Platinum Holdings (OTCQX:IMPUF,JSE:IMP)
    Impala Platinum, or Implats, is one of the most prominent platinum producers in the world. The company has majority ownership or joint ventures in four PGM mining operations and a refining facility in South Africa’s Bushveld Complex, two PGM mining operations in Zimbabwe and the Lac des Iles PGM mine in Ontario, Canada.

    Sibanye Stillwater (NYSE:SBSW)
    Sibanye Stillwater has a diverse metals mining portfolio and is one of the world’s largest primary platinum and palladium producers. It also adopted a circular economy business model that includes platinum recycling. The company has numerous PGM operations in South Africa and the United States. Its US Stillwater and East Boulder operations are in Montana’s Stillwater Complex, the country’s largest source of PGMs.

    Tharisa (LSE:THS,JSE:THA,OTC Pink:TIHRF)
    Tharisa is a vertically integrated PGM company, and through its subsidiaries its operations span from exploration through to production, beneficiation and distribution. Tharisa’s PGM assets include the Tharisa platinum-chrome mine in South Africa’s Bushveld Complex and the Karo platinum mine in Zimbabwe, which is now under construction.

    Valterra Platinum (LSE:VALT,JSE:VAL,OTC Pink:ANGPY)
    Valterra Platinum, formerly Amplats, is a leading primary producer of PGMs, supplying mined and recycled platinum products. The company was demerged from Anglo American (LSE:AAL,OTC Pink:AAUKF) in 2025. The company operates the Mogalakwena mine, Amandelbult complex and Mototolo mine in South Africa’s Bushveld Complex.

    Junior mining stocks

    Bravo Mining (TSXV:BRVO,OTCQX:BRVMF)
    Bravo Mining is advancing its wholly owned Luanga PGM-gold-nickel project in the Carajás Mineral Province of Brazil. The project’s 2025 mineral resource estimate shows measured and indicated resources of 10.4 million ounces of palladium equivalent at 2.04 grams per metric ton (g/t).

    Canada Nickel Company (TSXV:CNC,OTCQX:CNIKF)
    Canada Nickel Company is advancing its wholly owned flagship Crawford nickel-cobalt sulfide project located in the Timmins-Cochrane mining camp of Ontario, Canada. The project also hosts significant platinum and palladium mineralized zones.

    Canada North Resources (TSXV:CNRI,OTCQX:CNRSF)
    Canada North Resources wholly owns the late-stage Ferguson Lake exploration project in the Kivalliq Region of Nunavut, Canada. The polymetallic project hosts base metals nickel, copper and cobalt as well as PGMs, including 630,000 ounces of platinum and 3.53 million ounces of palladium in the indicated category.

    Chalice Mining (ASX:CHN)
    Chalice Mining owns the Gonneville project in Western Australia. The project hosts a mix of metals, including palladium, platinum, nickel, cobalt and copper. The Western Australia government has designated Gonneville a Strategic Project in recognition of the project’s importance for the country’s critical metals industry, and Chalice expects to complete its pre-feasibility study in Q4 2025.

    Clean Air Metals (TSXV:AIR,OTCQB:CLRMF)
    Clean Air Metals is focused on its wholly owned exploration-stage Thunder Bay North critical minerals project in the Thunder Bay region of Ontario, Canada. The project hosts platinum, palladium, copper and niobium mineralization, with an indicated resource of 1.2 million ounces of combined platinum and palladium.

    Lifezone Metals (NYSE:LZM)
    Lifezone Metals has developed a hydrometallurgical processing technology, which it calls Hydromet Technology, as a cleaner alternative to smelting for base and precious metals refining. The company has a joint venture partnership agreement with Glencore (LSE:GLEN); Lifezone will use its Hydromet Technology to recycle platinum, palladium and rhodium in the Un, and Glencore will act as the offtaker and marketer. Lifezone also owns the Kabanga nickel-copper-cobalt project in Tanzania.

    Platinum Group Metals (TSX:PTM,NYSE:PLG)
    Platinum Group Metals is working to bring into production its advanced-stage Waterberg PGM deposit in South Africa’s Bushveld Complex. First discovered by the company, the project is now a joint venture with key partners that include Implats at 14.86 percent. Platinum Group retains a 50.16 percent position in Waterberg and will be the majority operator.

    Ramp Metals (TSXV:RAMP)
    Ramp Metals owns the Rottenstone SW and PLD projects in Saskatchewan, Canada. Rottenstone is situated adjacent to a northeast-southwest geological formation connected to the historic Rottenstone mine, which produced nickel, PGMs and gold, although Ramp is currently focused on gold and copper at the site.

    Platinum bars and coins

    Another investment option is the direct purchase of physical platinum bars or platinum coins through a bullion dealer.

    One example is BullionVault’s online physical platinum market, which is supported by the WPIC, and gives private individuals access to vaulted platinum for the same prices currently paid by institutional investors. The market is open 24 hours a day, seven days a week.

    Investors in the United States can also now buy 1 ounce platinum bars and coins at Costco, an option you can learn more about here.

    For more information on how to invest in precious metals coins and bullion, check out our guide on buying physical gold, as much of the advice also applies to physical platinum investing.

    Platinum ETFs

    Those interested in platinum can also gain exposure via platinum ETFs and platinum exchange-traded notes (ETNs). Here are a few to get you started.

    iShares MSCI Global Metals & Mining Producers ETF (NYSE:PICK)
    The iShares MSCI Global Metals & Mining Producers ETF provides investors with access to the global mining industry through an international basket of companies engaged in the extraction and production of metals, including platinum. Its holdings include platinum mining companies Valterra Platinum, Implats and Sibanye Stillwater. It has the lowest expense ratio on this list at 0.39 percent.

    Aberdeen Physical Platinum Shares ETF Trust (ARCA:PPLT)
    The Aberdeen Physical Platinum Shares ETF is designed to reflect the performance of the price of physical platinum less the trust’s expenses and holds platinum bars in a secure vault. It has an expense ratio of 0.6 percent.

    Sprott Physical Platinum and Palladium Trust Unit (ARCA:SPPP)
    The Sprott Physical Platinum and Palladium Trust is another option that provides access to the physical platinum bullion market while allowing the flexibility of an exchange-traded security. It has the highest expense ratio on this list at 0.98 percent.

    GraniteShares Platinum Shares (ARCA:PLTM)
    The GraniteShares Platinum Trust tracks the spot price of platinum less trust expenses, and holds a physical portfolio of platinum ingots kept in a vault in London, UK. It has an expense ratio of 0.5 percent.

    Global X Physical Platinum Structured (ASX:ETPMPT)
    Global X Physical Platinum is an ASX-listed platinum ETF that provides Australian investors access to platinum held in JP Morgan storage facilities. It has a management fee of 0.49 percent.

    Platinum futures

    Another option for those looking to invest in platinum is platinum futures, a derivative instrument tied directly to the price of the actual metal. Futures are a financial contract between an investor and a seller. The investor agrees to purchase an asset from the seller at an agreed-upon price based on a date set in the future.

    Rather than intending to take possession of the material asset, investors speculating in the futures market are instead making bets on whether the price of a particular commodity will rise or fall in the near future.

    For example, if you buy a platinum futures contract believing the price of metal is set to rise, and your prediction proves correct, you could gain a return on your investment by selling the now more valuable futures contract before it expires. However, be advised that trading futures contracts is not for the novice investor.

    Platinum futures are available for trade on the New York Mercantile Exchange (NYMEX), which is part of the CME Group. For more information on precious metals futures investing, see our guides to gold futures and silver futures.

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

    This post appeared first on investingnews.com
    by
    Read More
    In Investing

    Nine Mile Metals Closes Oversubscribed Non Flow Through Private Placement

    No Comments

    NINE MILE METALS LTD (CSE: NINE) (OTCQB: VMSXF) (FSE: KQ9) (the ‘Company’ or ‘Nine Mile’) has closed the oversubscribed non-flow-through private placement financing. The company issued 12,142,174 units at a price of 1.5 cents per unit for proceeds of $182,132. The company’s flow-through private placement is still open, with closing expected shortly.

    Each unit consists of one common share of the company and one-half common share purchase warrant, with each warrant entitling the holder thereof to purchase one common share at a price of five cents for a period of 36 months.

    The proceeds raised through the private placement will be used for general and administrative obligations. All securities issued in the private placement are subject to a four-month-and-one-day hold period.

    About Nine Mile Metals Ltd.:

    Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

    ON BEHALF OF NINE MILE METALS LTD.

    ‘Patrick J. Cruickshank, MBA”

    Chief Executive Officer and Director Tel: (506) 804-6117

    Email: info@ninemilemetals.com

    The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., P. Geo., VP Exploration and Director who acts as the Company’s Qualified Person and is not independent of the Company.

    Forward-Looking Information:

    This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek, ”anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

    Source

    This post appeared first on investingnews.com
    by
    Read More
    In Investing

    Quantum BioPharma Announces Cash Reward of up to USD $7Million for Proof of Market Manipulation in its Stock

    No Comments

    Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) (“Quantum BioPharma” or the “Company”), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development, is pleased to announce a public whistleblower policy with a potential cash reward of up to USD $7 million to any individual or entity who can provide definitive and verifiable proof that they were asked, instructed, hired, or otherwise induced to manipulate the Company’s stock. The following individuals or entities are not eligible to receive rewards: 1) current directors, officers, or employees of the Company; 2) members of law enforcement, regulatory agencies, or government officials acting in an official capacity; 3) individuals who obtained information unlawfully or in violation of legal or professional duties; and 4) individuals who knowingly submit false, misleading, or fabricated information. The Company will not use the information until the information provider gives consent to the Company to use the information. Those with information can submit directly to reward@quantumbiopharma.com or call 1-833-571-1811.

    When formulating this whistleblower reward and policy, Quantum BioPharma received legal opinions and comprehensive advice from multiple law firms/legal counsel, as well as the approval of its audit committee and its board of directors.

    The cash reward of up to USD $7 million will be paid if that information tangibly and significantly contributes evidence which leads to a final, non‑appealable judgment in favour of the Company, or a binding settlement. This information includes, but is not limited to, evidence of tactics used such as: 1) illegal “spoofing” trades or, at another’s behest; 2) the deliberate spreading of false or misleading information about the Company across the internet; 3) selling shares that are not timely delivered; and 4) lending shares you do not have.

    The whistleblower reward will only be paid out from the net proceeds of the Company’s ongoing lawsuit, once resolved. This reward can be shared between multiple parties providing different information.

    The determination of any reward amount is at the Company’s discretion and based on the significance and impact of the information. Any information provided will be kept confidential, unless required by law. Information will only be used once written consent has been obtained.

    The lawsuit, and this whistleblower reward, underscore the Company’s commitment to holding alleged perpetrators accountable, and helping restore market integrity.

    This reward program does not limit, replace, or interfere with the United States Securities and Exchange Commission (“SEC”) Whistleblower Program or whistleblower programs operated by Canadian regulatory authorities. Individuals remain free to report directly to the SEC and applicable Canadian regulatory authorities and may be eligible for statutory awards under federal law. No notice to the Company is required before contacting the SEC and this program does not waive any whistleblower’s right to receive any SEC award. This reward program encourages simultaneous reporting to the SEC, along with other applicable governmental authorities.

    Rewards are not payments for testimony. The Company will not direct, script, or influence any witness testimony. Reward eligibility does not depend on whether a whistleblower testifies; awards are based on the contribution and reliability of the information.

    Any potential whistleblower should review the terms of the reward program under the Company’s public whistleblower policy, a copy of which can be found here. Anyone with questions or seeking more information is encouraged to visit the Company’s Frequently Asked Questions web page found here.

    Other Key Highlights

    Landmark Lawsuit

    Quantum BioPharma is the Plaintiff in a landmark stock manipulation lawsuit, suing a number of major financial institutions – including CIBC World Markets and RBC Dominion Securities – for allegedly manipulating and/or allowing their clients to manipulate the Company’s stock price, using an illegal tactic called spoofing, between January 2020 and August 2024. Spoofing is the submission and cancellation of buy and sell orders without the intention to trade, in order to manipulate other traders. Quantum BioPharma is seeking more than USD $700 million in damages, after its share price plummeted from the equivalent of USD $460 in early 2020 to less than USD $10 by late 2024. Legal experts experienced in illegal spoofing have characterized this as allegedly “one of the top 5 biggest spoofing/market manipulation cases” seen in decades. The lawsuit on behalf of Quantum BioPharma is being led by Christian Attar and Freedman Normand Friedland LLP, both renowned law firms. Both law firms have taken this case on a contingency basis – meaning Quantum Biopharma bears no upfront legal costs. These law firms, aided by forensic investigators, have conducted an extensive investigation that has uncovered substantial evidence of a multi-year stock manipulation scheme causing significant financial damage and harm to the Company and its shareholders. The lawsuit details how defendants “spoofed” the market at least hundreds of times, artificially depressing Quantum Biopharma’s share price and harming countless retail investors. The complaint filed in court and other details can be downloaded from the Company’s website, here: Quantum VS Banks | Quantum BioPharma.

    A Call to Action and Confidentiality

    The Company’s appeal and call to action is aimed at individuals or entities (including employees of financial institutions, hedge funds, traders, online agents, or anyone who was approached to manipulate the Company’s stock), industry insiders, investors or anyone else who may have knowledge or evidence of such wrongdoing. Anyone with evidence is encouraged to contact the Company through the official channels provided on the Company’s website. Confidentiality is maintained to the extent permitted by law.

    Both law firms engaged by the Company have extensive experience in high-profile securities litigation and are committed to protecting the rights of those who come forward. By leveraging this whistleblower reward, the Company and its legal team aim to help shine a light on any collusion or instructions given behind the scenes to manipulate the stock’s price.

    Potentially Expanding the Investigation

    The Company believes the illegal stock market manipulation could extend far beyond the already-named defendants and could potentially involve additional brokers or parties, which it has so far refrained from naming pending further evidence. This whistleblower reward aims to accelerate the discovery of such additional alleged conspirators. By inviting those with inside knowledge to come forward, the Company hopes to further strengthen its case. This initiative is complementary to the Company’s ongoing commitment to involve its shareholder community in the fight – the Company has already invited investors to share their experiences of anomalous trading activity in the Company’s stock as part of documenting the very real and broader impact that retail shareholders have suffered.

    About Quantum BioPharma Ltd.

    Quantum BioPharma (NASDAQ: QNTM) is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (“Lucid”), Quantum BioPharma is focused on the research and development of its lead compound, Lucid-MS. Lucid-MS is a patented new chemical entity shown to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. Quantum BioPharma invented unbuzzd™ and spun out its OTC version to a company, Celly Nutrition Corp, now Unbuzzd Wellness Inc., led by industry veterans. Quantum BioPharma retains ownership of 20.10% (as of June 30, 2025) of Unbuzzd Wellness Inc. at www.unbuzzd.com. The agreement with Unbuzzd Wellness Inc. also includes royalty payments of 7% of sales from unbuzzd™ until payments to Quantum BioPharma total $250 million. Once $250 million is reached, the royalty drops to 3% in perpetuity. Quantum BioPharma retains 100% of the rights to develop similar products or alternative formulations specifically for pharmaceutical and medical uses. Quantum BioPharma maintains a portfolio of strategic investments through its wholly owned subsidiary, FSD Strategic Investments Inc., which represents loans secured by residential or commercial property.

    For more information visit www.quantumbiopharma.com.

    Forward-Looking Information

    This press release contains certain ‘forward-looking statements’ within the meaning of applicable securities law. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as “believes”, “hopes”, “alleges”, “pending”, “further”, or variations of such words and phrases or statements that certain actions events or results “may”, “could”, “which”, or “will” and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking information herein includes, but is not limited to, statements regarding: the Company’s ongoing litigation against major financial institutions; the potential outcome or judgment value; expectations regarding whistleblower submissions and related rewards; continued market integrity initiatives; future business performance and possible acquisitions.

    In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation: the ability to obtain and validate whistleblower evidence; the timing and outcome of legal proceedings; resolution of ongoing litigation on favourable terms, availability and sufficiency of litigation funding; continued regulatory compliance and market stability for the Company’s operations.

    The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The above lists of forward-looking statements and assumptions are not exhaustive. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated or implied by such forward-looking statements due to a number of factors and risks. These include: the adverse outcome of legal actions; the receipt and credibility of whistleblower disclosures; changes in applicable laws and regulations; the actions of third parties involved in alleged manipulation; evolving market dynamics; the sufficiency of future litigation proceeds to fund the Company’s whistleblower reward; the continued ability to obtain sufficient litigation funding; limited future growth opportunities, and reliance on key personnel.

    Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

    The reader is urged to refer to additional information relating to Quantum BioPharma, including its annual information form, can be located on the SEDAR+ website at www.sedarplus.ca and on the EDGAR section of the SEC’s website at www.sec.gov for a more complete discussion of such risk factors and their potential effects.

    Contacts:

    Quantum BioPharma Ltd.
    Zeeshan Saeed, Founder, CEO and Executive Co-Chairman of the Board
    Email: Zsaeed@quantumbiopharma.com
    Telephone: (833) 571-1811

    Investor Relations
    Investor Relations: IR@QuantumBioPharma.com
    General Inquiries: info@QuantumBioPharma.com

    Source

    This post appeared first on investingnews.com
    by
    Read More
    In Investing

    A Guide to Investing in Physical Gold

    No Comments

    Gold is known as an attractive safe-haven investment and has been used to store wealth during volatile times through history.

    It has interesting currency-like tendencies, and retains its purchasing power better than paper currencies.

    In this article

      What physical gold product is best to buy?

      Physical gold investors are generally looking for items that are 0.999 fine. Most gold bullion coins fit this description, including the Canada Gold Maple Leaf, the South African Krugerrand and the American Buffalo Gold coin. American Gold Eagles are popular with investors, but they are have a much lower purity at 91.67 percent.

      An alternative to gold coins is gold rounds, which are also 0.999 fine but are not legal tender. This makes them slightly cheaper than gold coins, as the premium for gold coins is higher because of the credibility that comes from being fabricated by government mints.

      Both gold coins and gold rounds come in various sizes, usually ranging from 1/10 ounce to 1 ounce, though other less common sizes are available.

      Gold bars are another popular option. These also come in a variety of sizes, and as choices can range from a 1 gram bar to 400 ounce bar, this category of products can accommodate a range of investors. They are also 0.999 fine.

      When the objective is to get the most metal for the least money, it’s generally best to shop for gold rounds and gold bars, which tend to be cheaper than gold coins of the same weight.

      Another factor that may need to be considered is the amount to be invested. Bars may be the best option for large investments since bigger sizes are available. Further, it is often easier to manage large products than it is to manage an array of smaller gold items.

      However, physical gold investors also need to give forethought to when they may want to sell their gold. Large products will require liquidating a more sizeable portion of one’s gold portfolio, and such products may be more difficult to sell in some instances. Individuals making ongoing or significant investments may want to consider purchasing gold in various weights.

      What is the difference between the gold spot price and retail price?

      Investing in physical gold is often oversimplified, and the misconceptions can begin with pricing.

      A spot price by definition is the cost of immediate delivery, and is a way to gauge the legitimacy of an ask or retail price. The spot price is what is reported on and what most gold price charts will show. Unfortunately, some investors don’t realize until they make their first purchase that the spot price is not what one actually pays for physical gold.

      The retail price of gold is based off the spot price but includes a markup, also called a premium. In addition to premiums, there are numerous other expenses investors should be prepared to pay when purchasing pure gold, including shipping, handling and insurance. In some instances, prices may be higher for individuals who choose to pay with a credit card.

      There may also be processing fees to own the yellow metal or fees for small lot purchases. On the other hand, gold prices are sometimes lower for those purchasing larger quantities.

      Where can investors buy physical gold?

      Gold buying can be done through government mints, private mints, precious metals dealers and even jewelry stores. Some of these locations will offer numismatic coins or other gold items geared toward collecting and gift giving, which bullion investors should generally avoid. These products are for play in a different ball game and are not what the average gold investor needs.

      When choosing where to buy gold, it is again best to give thought to reselling it. Some businesses that sell gold will also buy it back. Some will even buy gold that they didn’t sell, but may pay lower prices.

      Furthermore, premiums and fees are not one size fits all when buying physical gold. Different sellers may offer the same items at different prices, so investors should take the time to find the best deal.

      How and when to sell physical gold?

      Investors looking to sell their gold bullion and coins should do so at bullion exchanges when possible, as those will offer the best value for the metal.

      Individuals who want to sell their gold quickly may consider “we buy gold” businesses as a convenient alternative. However, while these businesses can serve as a quick source of liquidity, they are usually not the best option, as their underlying business strategy often involves making lower-than-average offers, meaning you will receive less than you would at a bullion exchange or mint.

      As for when to sell your gold, there are a few other things to take into consideration.

      Just as buying gold often provides investors with a pricing wakeup call, investors who decide to sell are sometimes surprised at the prices they receive. That is because the buyback price, or bid, is lower than the asking price. The difference between the two is referred to as the spread, and it is a loss that the seller initially bears.

      For example, if an investor pays US$3,700 for a 1 ounce Canadian Maple Leaf from a bullion exchange and wanted to sell it back right after, the exchange’s buying price may only be US$3,610. The spot price is generally in the middle of the two.

      Furthermore, there are usually other costs involved with selling gold, including shipping, insurance and liquidation fees. Some businesses have minimum purchase requirements, and depending upon payment arrangements, it may be necessary for the investor to pay bank wire fees or postage to receive a check.

      The reality is that, given the spread and the costs associated with acquiring and selling gold, a sharp price move is generally needed to turn a profit in the short term. Investors are encouraged to consider building positions in physical gold as a long-term investment, possibly even for retirement savings.

      How should physical gold be stored?

      Determining the best storage option involves weighing risks against costs.

      Paying for secure storage eats into profits from the metal’s gains, so some people choose to store their gold at home or in their office. In theory, that is the riskiest option as it involves the highest potential for loss due to theft or disaster. But in many instances these risks are not substantial enough to justify the cost of other storage options.

      For home storage of smaller amounts of gold, mitigate theft risk by keeping it hidden somewhere that is less likely to be discovered. Of course, a sturdy home safe comes with an upfront cost and a footprint, but it can help protect valuables from theft and some disasters.

      As mentioned, gold can also be stored in a depository or safe deposit box for a cost. If an investor chooses this route, there are a few things to consider. Rates can vary between banks, so price comparison is important. Additionally, the contents of safety deposit boxes in financial institutions are generally not insured.

      Last but not least, some banks do not technically permit the storage of bullion, so it’s important to make sure it’s possible before signing a terms and conditions agreement. The information should be listed in the agreement as well.

      Is it possible to purchase physical gold through the futures market?

      A gold futures contract is an agreement to buy or sell gold on a date in the future for a price that is determined when the contract is initiated. The futures market is often referred to as an arena for paper trading. Generally, the bulk of the activity is just that, as metal is not actually exchanged and settlements are made in cash.

      However, the futures market can also be an arena for purchasing physical gold. That is not to suggest that it is the best source of metal for all investors as it may not increase one’s purchasing power.

      Obtaining gold through the futures market requires a large investment and involves a list of additional costs. The process can be complicated, cumbersome and lengthy, which is why this option is considered best for highly experienced market participants.

      What are some alternatives to physical gold?

      Purchasing metal is not the only way to gain exposure to physical gold. Indeed, the popularity of exchange-traded funds (ETFs) underscores how easily people can get into the gold market without actually owning physical gold.

      Gold ETFs may track gold stocks or they may track the gold spot price. Investors looking for the closest analog to buying physical gold will likely want to focus on the latter. However, it’s important to be aware that ETFs that follow the gold price are generally not vehicles to acquire gold, even if they are physically backed.

      One advantage of gold ETFs is that they can be easier to trade than physical gold. Some investors choose to hold a set amount of physical gold at all times and use ETFs to trade the metal’s ups and downs.

      To learn about your options, take a look at our lists of North American gold ETFs and gold ETFs on the ASX.

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

      This post appeared first on investingnews.com
      by
      Read More
      In Investing

      Altech Batteries LtdSpherical Coated Silicon Achieves 88.5% Retention

      No Comments

      Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce a major advancement in its Silumina Anodes(TM) Project, achieving the strongest battery cycling performance recorded to date for its proprietary alumina-coated spherical silicon anode material. The latest results demonstrate 88.5% capacity retention after 500 charge-discharge cycles for a 5% addition of Silumina Anodes(TM) to a graphite anode, with a repeated test confirming greater than 88.0% retention at the same interval-validating both the consistency and reproducibility of the Company’s process.

      Highlights

      – 5% Silumina Anodes(TM)addition achieved 88.5% capacity retention after 500 cycles

      – Repeated testing confirmed >88.0% retention, proving reproducibility and process stability

      – Silicon stores ten times more lithium than graphite, boosting anode energy density

      – Spherical alumina-coated silicon reduces swelling induced electrode degradation

      – Silumina anodes deliver 500 mAh/g initial capacity, >40% higher than that of commercial graphite anode

      – After 500 cycles, capacity remains 420 mAh/g – greater than 60% of graphite-only cells

      – Higher anode capacity enables longer EV range, lighter packs, and improved efficiency

      – Saxony pilot plant producing consistent high-quality material, confirming readiness for commercial scale-up

      Silicon is being increasingly adopted in the battery industry because it can store nearly ten times more lithium ions per gram than graphite, offering a pathway to dramatically higher energy densities. However, this benefit has historically come at a cost: when silicon absorbs lithium during charging, it can expand by up to 300%, causing mechanical stress, particle fracture, and rapid capacity loss.

      Altech’s achievement breaks this paradigm. The Company’s alumina-coated spherical silicon particles not only deliver the inherent energy-density advantage of silicon but also sustain exceptional stability over extended cycling. Altech’s technology has effectively neutralised the problem of volumetric expansion and preserved electrical integrity throughout repeated charge-discharge cycles. The result is a material that combines higher capacity and longer life-a key milestone in the global race to commercialise nextgeneration lithium-ion anodes.

      BENEFITS EXPLAINED

      In conventional lithium-ion batteries, the anode is composed almost entirely of graphite. While graphite has been a proven and reliable material for decades, its specific capacity is inherently limited to about 350 mAh/g during initial formation cycles. Over time, as the battery is cycled repeatedly, minor structural fatigue and SEI (solid electrolyte interphase) thickening gradually reduce the number of active lithium sites.

      According to Altech’s test results, the practical capacity of a graphite-only anode at the same test condition declines to 230-250 mAh/g after 500 cycles. This decline constrains the total energy that can be stored in a cell, meaning that improvements in battery range and energy density must come from other components such as the cathode, packaging, or cell design – each of which offers diminishing returns.

      By contrast, Altech’s proprietary Silumina Anodes(TM) technology introduces a carefully optimised 5 per cent silicon addition to the graphite structure. Because silicon can host nearly ten times more lithium ions per gram than graphite, even a modest percentage dramatically increases the anode’s overall capacity. In testing, cells containing this 5 per cent spherical alumina-coated silicon blend recorded an initial capacity of 500 mAh/g, representing >40 per cent improvement over standard graphite. More importantly, this enhanced performance was largely retained over long-term cycling: after 500 charge-discharge cycles, capacity remained between 420 mAh/g – a level equivalent to the starting capacity of many currentgeneration EV batteries.

      The implications of this step-change are profound for the design of next-generation lithium-ion cells. With higher capacity available in the anode, cell designers can either increase total energy density or reduce battery mass and volume while maintaining range. For electric-vehicle applications, without change in battery size, this translates directly into longer driving range per charge, or smaller and lighter battery packs, and improved overall vehicle efficiency. At a system level, higher anode capacity also improves volumetric energy density – a critical parameter for portable electronics, drones, and aerospace systems where every cubic centimetre matters.

      A 40-50 per cent improvement at the anode typically equates to a 20-25 per cent gain in total cell energy, depending on cathode pairing. This allows battery manufacturers to deliver more watt-hours per cell, reduce the number of cells per module, and simplify battery-management systems. In stationary or grid-storage markets, the benefit is lower footprint and reduced balance-of-plant costs, enhancing competitiveness against alternative chemistries.

      For the broader battery industry, these results demonstrate a practical pathway to incorporate silicon – long viewed as the ‘holy grail’ of anode materials – without compromising durability or safety. Until now, most silicon-enhanced anodes have suffered from rapid capacity fade or expansion-induced electrode failure, confining their use to small-format cells or niche applications. Altech’s success in maintaining graphite-like retention while doubling the specific capacity per gram opens the door for mainstream automotive adoption.

      HOW SILUMINA IS MADE

      Altech’s spherisation process transforms irregular silicon particles into perfectly rounded, alumina-coated spheres that integrate seamlessly within graphite anodes. The process begins with submicron silicon powders that are uniformly coated with a nanolayer of high-purity alumina, buffering against volume expansion during lithiation. These coated particles are then spherified through a precision-controlled thermal and mechanical process that rounds their geometry (See Figure 1*). When blended into the graphite matrix, the spherical Silumina particles naturally occupy microscopic voids, where they can expand and contract freely during cycling without damaging the surrounding structure (See Figure 2*). This optimised configuration mitigates mechanical stress, maintains electrode integrity, and enhances electrical connectivity. With only a 5% addition, the design achieves >40% capacity boost while preserving exceptional cycle stability over extended use.

      SAXONY PILOT PLANT IN OPERATION

      Altech is in a race to bring its patented Silumina Anodes(TM) technology to market. To accelerate development, the Company established a fully equipped pilot plant adjacent to the proposed commercial site at Dock 3 in Saxony, Germany, to support product qualification and process optimisation. The facility is now operating smoothly, producing multiple batches of high-quality alumina-coated silicon particles that demonstrate excellent consistency with results from Altech’s Perth laboratory. Several silicon sources are being trialled to assess performance, purity, and cost efficiency, ensuring robust supply-chain flexibility.

      SUMMARY

      In summary, moving from a 230-250 mAh/g graphite-only anode after 500 cycles to a 420 mAh/g Silumina Anodes(TM)-enhanced anode represents not just an incremental improvement but a fundamental leap in energy storage capability. It allows manufacturers to extract more power, range, and lifespan from each unit of cell volume – enabling longer-range vehicles, smaller and lighter packs, lower system costs, and reduced environmental impact. For an industry seeking to balance energy density with sustainability and safety, Altech’s breakthrough provides a compelling and scalable solution poised to redefine the performance standards of lithium-ion technology.

      Altech Managing Director Iggy Tan said:

      ‘These latest results mark a genuine breakthrough for the battery industry. Achieving 88.5% retention at 500 cycles with a 5% silicon addition confirms the stability of our Silumina Anodes(TM) process. Our team in Saxony continues to deliver highly consistent results, validating the technology and scaling methods.

      Altech’s breakthrough positions us at the forefront of next-generation anode materials, unlocking longerlasting, higher-capacity lithium-ion batteries.’

      *To view tables and figures, please visit:
      https://abnnewswire.net/lnk/1S9132NJ

      About Altech Batteries Ltd:

      Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

      The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

      Source:
      Altech Batteries Ltd

      Contact:
      Corporate
      Iggy Tan
      Managing Director
      Altech Batteries Limited
      Tel: +61-8-6168-1555
      Email: info@altechgroup.com

      Martin Stein
      Chief Financial Officer
      Altech Batteries Limited
      Tel: +61-8-6168-1555
      Email: info@altechgroup.com

      News Provided by ABN Newswire via QuoteMedia

      This post appeared first on investingnews.com
      by
      Read More
      In Investing

      Spartan Metals Engages Investor Relations and Market Maker Firms

      No Comments

      (TheNewswire)

      Spartan Metals Corp.

      Investor Relations Agreement

      Market-maker Services Agreement

      As of October 7, 2025, the Company has entered into an agreement with VPL of 1 McGuire Cres, Uxbridge, ON, L9P 1G7. VLP to provide market-making service for assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd. of 217 Queen Street West, Suite 304, Toronto, ON M5V 0R2.  All efforts will be in compliance with the applicable policies of the Toronto Venture Exchange (‘TSXV’) and other applicable laws. For its services, the Company has agreed to pay VLP $5,000 per month. The term of the contract will initially be three months and will renew on a month-to-month basis after that.  The agreement may be terminated at any time by Spartan or VLP. Spartan and VLP act at arm’s length, and VLP has no present interest, directly or indirectly, in the Company or its securities. The finances and the shares required for the market-making service will be exclusively provided by W.D. Latimer. The fee paid by the Company to VLP is for services only. VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-V-listed issuers.

      About Spartan Metals Corp.

      Spartan Metals is focused on developing critical minerals projects in top-tier mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic.

      Spartan’s flagship project is the Eagle Project in eastern Nevada that consists of the highest-grade historic tungsten resource in the USA (the past-producing Tungstonia Mine) along with significant under-defined resources consisting of: high-grade rubidium; antimony; bismuth; indium; as well as precious and base metals. More information about Spartan Metals can be found at www.SpartanMetals.com

      On behalf of the Board of Spartan

      ‘Brett Marsh’

      President, CEO & Director

      Further Information:

      Brett Marsh, M.Sc., MBA, CPG

      President, CEO & Director

      1-888-535-0325

      info@spartanmetals.com

      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 this press release

      Forward Looking Statements

      This news release contains statements that constitute ‘forward-looking statements.’ Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such 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. Forward-Looking Information in this news release, Spartan has applied several material assumptions, including, but not limited to, assumptions that: the current objectives concerning the Company’s projects can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner.

      Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements.

      Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies; competition; the ability of the Company to obtain and retain all applicable regulatory and other approvals and other assumptions, risks and uncertainties.

      THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

      Copyright (c) 2025 TheNewswire – All rights reserved.

      News Provided by TheNewsWire via QuoteMedia

      This post appeared first on investingnews.com
      by
      Read More