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Charbone Hydrogene annonce une mise a jour sur l’interconnexion au reseau d’Hydro-Quebec

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(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Québec, le 6 mars 2025 TheNewswire – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule société cotée en bourse spécialisée dans l’hydrogène vert en Amérique du Nord, est heureuse de fournir une mise à jour sur les travaux de construction du site et de l’interconnexion avec Hydro-Québec pour le projet phare de la Société à Sorel-Tracy, suivant le communiqué de presse émis le 15 janvier 2025.

La ligne électrique d’interconnexion du projet a été installée avec des câbles et les fils selon le calendrier des travaux de Charbone et a été complétée en début de semaine. La cédule des travaux de l’utilité publique a été retardée de quelques semaines en raison des règles d’accès des chemins de fer qui échappent à leur contrôle. Hydro-Québec installera ses nouveaux poteaux le 26 mars 2025 et l’interconnexion au site sera réalisée dans les semaines suivantes, pour s’assurer que le projet phare de Charbone à Sorel-Tracy puisse commencer la production d’hydrogène vert au premier semestre de l’année.

‘ L’entreprise de monteurs de lignes a été très efficace et était prête comme l’exigeait le calendrier initial ,’ a déclaré Daniel Charette, Chef de l’exploitation chez Charbone. ‘ Hydro-Québec a maintenant tout ce qu’il faut pour terminer ses travaux et nous fournir l’énergie nécessaire à temps pour la livraison des composantes majeures, leur installation et leur mise en service . ‘

À propos de Charbone Hydrogène Corporation

Charbone est une compagnie intégrée de production d’hydrogène vert axé sur la création d’un réseau nord-américain d’usines de production. En utilisant des énergies renouvelables, Charbone produit du dihydrogène (H2) respectueux de l’environnement pour les utilisateurs industriels, institutionnels, commerciaux et de la mobilité future. Charbone est présentement la seule société d’Amérique du Nord cotée en bourse spécialisée dans l’hydrogène vert avec ses actions listées sur la Bourse de croissance TSX (TSXV: CH); les marchés OTC (OTCQB: CHHYF); et la Bourse de Francfort (FSE: K47). Pour plus d’informations sur CHARBONE Hydrogen et ses projets, veuillez visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Top 9 Lithium-producing Countries

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Interest in lithium continues to grow due to its role in the lithium-ion batteries that power electric vehicles (EVs). As a result, more and more attention is landing on the top lithium-producing countries.

About 80 percent of the lithium produced globally goes toward battery production, but other industries also consume the metal. For example, 7 percent of lithium is used in ceramics and glass, while 4 percent goes to lubricating greases.

According to the US Geological Survey, lithium use in batteries has increased in recent years due to the use of rechargeable batteries in portable electronic devices, as well as in electric tools, EVs and grid storage applications.

Manufacturers commonly use lithium carbonate or lithium hydroxide in these batteries rather than lithium metal. Lithium-ion batteries also include other important battery metals, such as cobalt, graphite and nickel.

After a volatile 2024 that saw lithium carbonate prices drop 22 percent amid oversupply, analysts predict continued market turbulence in 2025. However, production cuts could narrow the surplus from 84,000 to 33,000 metric tons, while strong EV demand — driven by China’s record sales — remains a key factor, as geopolitical tensions and rising tariffs on Chinese EVs add uncertainty in North America.

Despite the recent market challenges, global lithium demand is set to surge over the next decade due to demand from EVs and energy storage. Benchmark Mineral Intelligence forecasts a more than 30 percent year-on-year increase in demand from these sectors in 2025.

Meeting this growth will require up to 150 new battery factories and US$116 billion in investments by 2030 to prevent supply deficits. China will remain dominant, but the EU and US are poised for the fastest expansion. With lithium mining projected to grow at a 7.2 percent compound annual growth rate through 2035, the sector faces a critical decade of investment and supply chain restructuring.

As demand for lithium continues to rise, which countries will provide the lithium the world requires? The latest data from the US Geological Survey shows that the world’s top lithium-producing countries are doing their best to meet rising demand from energy storage and EVs — in fact, worldwide lithium production rose sharply from 2023 to 2024, coming in at 240,000 metric tons (MT) of lithium content last year, compared to 204,000 MT in 2023. These totals do not include US production, as that data is withheld.

What are the top lithium-producing countries?

Where is lithium mined? Australia, Chile and China are the top three for lithium production by country. Zimbabwe has also risen significantly in the ranks, moving from sixth in 2023 to fourth in 2024. As the EV lithium-ion battery market continues to grow, it’s likely these countries will vie for larger roles in supplying the metal in the years to come.

Read on for our list of top global lithium production by country.

1. Australia

Lithium production: 88,000 metric tons

In 2024, Australia produced 88,000 metric tons of lithium, making it the world’s largest producer of lithium. Although the country tops the list, year-over-year production decreased just over 4 percent from 91,700 MT in 2023 to 88,000 MT in 2024.

It’s likely the country’s lithium production declined in 2024 as a result of weaker demand in the EV space, which in turn pushed lithium prices lower.

Australia is home to many significant lithium mines. The Greenbushes hard rock lithium mine in Western Australia is operated by Talison Lithium, a subsidiary that is jointly owned by miners Albemarle (NYSE:ALB), Tianqi Lithium (OTC Pink:TQLCF,SZSE:002466) and IGO (ASX:IGO,OTC Pink:IPDGF). Greenbushes has been in operation for over a quarter of a century, making it the longest continuously running mining area in the state.

The Greenbushes complex also houses four spodumene concentrate plants with a combined annual production capacity of 1.5 million MT. The mine supplies spodumene to the Kemerton lithium plant and other Albemarle conversion sites worldwide for processing.

Mount Marion, a joint venture between Mineral Resources (ASX:MIN,OTC Pink:MALRF) and Ganfeng Lithium (OTC Pink:GNENF,SZSE:002460,HKEX:1772), is another key lithium mine in Australia. The project, which is located in the Yilgarn Craton, southwest of Kalgoorlie, also contains a processing plant with an annual production capacity of 600,000 MT.

Australia also holds 7 million MT of identified JORC-compliant lithium reserves, which puts it behind Chile’s 9.3 million MT. It is worth noting that most of Australia’s lithium supply is exported to China as spodumene.

2. Chile

Lithium production: 49,000 metric tons

Chilean lithium production topped 49,000 metric tons in 2024. Lithium miners in Chile have steadily increased the nation’s output by 127 percent since 2020 when production was 21,500 MT.

Chile’s year-over-year growth has positioned it as the second top lithium producer in the world. Unlike Australia, where lithium is extracted from hard-rock mines, Chile’s lithium is found in lithium brine deposits.

The Salar de Atacama salt flat in Chile generates roughly half the revenue for SQM (NYSE:SQM), a top lithium producer. The Salar de Atacama is also the home of another top lithium brine producer — US-based Albemarle.

In April 2023, market participants and lithium miners were surprised by the Chilean government’s plans to nationalize the lithium industry. While ultimately it wasn’t a true nationalization, the country is moving to gain controlling stakes in lithium assets in the Salar de Atacama and Maricunga through its state-owned mining company Codelco.

SQM has signed an arrangement with Codelco that will allow it to continue operations in the Salar de Atacama until 2060. The two companies will create a new entity for the operations, with Codelco owning 50 percent plus one share of the company.

Chile’s lithium potential has also attracted the attention of major US oil companies. In February 2025 news broke that Exxon Mobil (NYSE:XOM) is in talks with Chilean officials about lithium opportunities, as fossil fuel firms ramp up investments in EV battery metals.

US oilfield services firm SLB (NYSE:SLB) is also expanding into lithium, with its Head of Mining, Nicholas Lugansky, meeting Chilean officials in January. SLB is among eight companies testing lithium extraction techniques and technologies in northern Chile.

Lithium brine operations in Chile

Lithium brine operations in Chile’s Salar de Atacama.

Freedom_wanted / Shutterstock

3. China

Lithium production: 41,000 metric tons

China produced 41,000 metric tons of lithium in 2024, earning it the third spot on the top producing countries list. The Asian country saw its lithium supply grow by nearly 15 percent year-on-year, from 35,700 in 2023 to 41,000 in 2024.

China is the largest consumer of lithium due to its electronics manufacturing and EV industries. It also produces more than two-thirds of the world’s lithium-ion batteries and controls most of the world’s lithium-processing facilities. China currently gets the majority of its lithium from Australia, but it is looking to expand its capacity.

In January of 2024, China announced the discovery of a massive million-metric-ton lithium deposit in the country’s Sichuan Province. Lithium exploration in China over the last three years has boosted the country’s lithium reserves by 1 million MT, to 3 million MT, according to the USGS.

However, in early 2025 the China Geological Survey, pegged the nation’s total reserves to be more than 30 million MT.

4. Zimbabwe

Lithium production: 22,000 metric tons

In 2024 Zimbabwe’s lithium production ballooned to 22,000 metric tons, an exponential increase from 2022’s 800 MT. Year-over-year lithium output rose 47 percent between 2023 and 2024, from 14,900 MT to 22,000 MT.

Total reserves in Zimbabwe have also seen growth climbing from 310,000 MT in 2023 to 480,000 MT as per the US Geological Survey.

In December 2022, Zimbabwe banned the export of raw lithium in an effort to build out the nation’s capacity to process battery-grade lithium domestically. The ban excludes companies that are already developing mines or processing plants in Zimbabwe. Lithium concentrate is now on track to become Zimbabwe’s third biggest mineral export, behind gold and platinum-group metals, reported Reuters in November 2023.

Lithium-producing countries in Africa have attracted much attention from Chinese firms in recent years, especially Zimbabwe. Sinomine Resource Group (SZSE:002738), for example, bought a stake in Zimbabwe’s emerging lithium industry with the purchase of the Bikita mine, the African nation’s oldest lithium mine.

Zimbabwe’s other key lithium mines include Zhejiang Huayou Cobalt’s (SHA:603799) Arcadia mine and state miner Kuvimba Mining House’s Sandawana mine.

In September 2024, Zhejiang Huayou Cobalt and Tsingshan Group,a nickel and stainless steel company, announced plans to study and build a lithium mine and processing plant at Sandawana located in the south of Zimbabwe.

5. Argentina

Lithium production: 18,000 metric tons

Argentina’s annual lithium production grew significantly in 2024, totaling 18,000 metric tons. Year-over-year lithium production increased by more than 100 percent from 8,630 MT in 2023.

It’s well known that Bolivia, Argentina and Chile make up the Lithium Triangle. Argentina’s Salar del Hombre Muerto district hosts significant lithium brines, and its reserves – 4 million MT – are enough for at least 75 years.

At present, lithium mining in the country consists of two major brine operations currently in production and 10 projects that are in development. Analysts at consultancy firm Eurasia Group project that Argentina’s lithium production has the potential to grow approximately tenfold by 2027, as per CNBC.

One of the largest lithium miners in Argentina is Arcadium Lithium (ASX:LTM,NYSE:ALTM), the result of the January 2024 merger of Livent and Allkem. The new entity is the third largest lithium producer in the world. This is soon to change as Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) is set to close its acquisition of Arcadium in early March, bringing its assets under Rio Tinto’s umbrella.

Rio Tinto also owns the Rincon lithium brine project, which is set to be a major contributor to the country’s lithium output once it begins commercial production, targeted for 2028. In December 2024, Rio Tinto announced a US$2.5 billion expansion. Once operational, Rincon will use direct lithium extraction technology and produce 60,000 MT of battery-grade lithium carbonate annually, combining a 3,000 MT starter plant and the 57,000 MT expansion.

6. Brazil

Lithium production: 10,000 metric tons

Lithium production in Brazil continues to trend higher. In 2024 the South American nation produced 10,000 MT, almost double 2023’s 5,260 MT. After achieving output of 400 MT or less from 2011 to 2018, the country’s production hit 2,400 MT in 2019 and has continued to rise year-over-year.

Brazil’s government plans to invest more than US$2.1 billion by 2030 into expanding the nation’s lithium production capacity.

At the state level, in 2023 the Minas Gerais government launched the Lithium Valley Brazil initiative, which is aimed at promoting investment in lithium mining. The program includes four publicly listed lithium companies with assets in the state’s Jequitinhonha Valley: Sigma Lithium (TSXV:SGML,NASDAQ:SGML), Lithium Ionic (TSXV:LTH,OTCQX:LTHCF), Atlas Lithium (NASDAQ:ATLX) and Latin Resources (ASX:LRS,OTC Pink:LRSRF).

EV makers are also eyeing Brazil’s lithium market. In February 2025, Reuters reported that Chinese EV giant BYD (OTC Pink:BYDDF,HKEX:1211,SZSE:002594) reportedly entered the mining sector in 2023, when it acquired 852 hectares of lithium-rich land in Minas Gerais’ Jequitinhonha Valley. The company is currently building an EV factory in Bahia state, but construction was paused at the end of 2024 due to ‘slavery-like’ working conditions.

7. Canada

Lithium production: 4,300 metric tons

Canada’s lithium production increased to 4,300 metric tons in 2024, representing a 32 percent uptick from 2023’s 3,240 MT.

The country currently produces lithium from two operations: the Tanco mine in Manitoba, owned by Sinomine subsidiary Tantalum Mining, and the North American Lithium operation in Québec, a joint venture between Piedmont Lithium (ASX:PLL,NASDAQ:PLL) and Sayona Mining (ASX:SYA,OTCQX:SYAXF).

While Canada is home to a wealth of hard-rock spodumene deposits and lithium brine resources, much of it remains underdeveloped. In an effort to grow a strong North American lithium supply chain for the battery industry, the government has invested in a number of lithium projects, including C$27 million for E3 Lithium (TSXV:ETL,OTCQX:EEMMF), a lithium resource and technology company, and C$1.07 million to private company Prairie Lithium. Both are developing direct lithium extraction technology in Canada’s prairie provinces Alberta and Saskatchewan.

In November 2023, the Canadian government launched the C$1.5 billion Critical Minerals Infrastructure Fund. The fund seeks to address gaps in the infrastructure required for the sustainable development of the nation’s critical minerals production, including battery metals like lithium.

Canada’s efforts were rewarded in early 2024, when BloombergNEF gave the nation the top spot in the fourth edition of its Global Lithium-ion Battery Supply Chain Ranking.

At the end of 2024, the Canadian government’s Export Development Canada program pledged up to C$100 million in financing to Green Technology Metals (ASX:GT1,OTC Pink:GTMLF) for the development of Ontario’s first lithium mine at Seymour Lake.

8. Portugal

Lithium production: 380 metric tons

Portugal’s lithium production remained flat in 2024 coming in at 380 metric tons, the same tally as the previous year. Output has declined drastically since 2021, when its lithium production reached 900 MT.

Most of Portugal’s lithium comes from small-scale operations targeting quartz and feldspar. Despite this lithium-producing country’s comparatively low output, Portugal’s lithium reserves stand at 60,000 MT.

In September 2024, Savannah Resources (LSE:SAV,OTC Pink:SAVNF) delayed the start of lithium production at its Barroso project in Portugal to 2027, citing prolonged environmental approval processes and regulatory hurdles. The project has also received public backlash due to concerns about the environmental impact of lithium mining.

The project, set to be Western Europe’s first significant lithium mine, is projected to play a pivotal role in the EU’s ambitions of battery material self-sufficiency. Despite the setback, Savannah remains committed to advancing the development, emphasizing its role in strengthening Europe’s EV supply chain.

9. United States

Lithium production: Withheld

In the final place on this top lithium-producing countries list is the US, which has withheld production numbers to avoid disclosing proprietary company data. Its only output last year came from two operations: a Nevada-based brine operation, most likely in the Clayton Valley, which hosts Albemarle’s Silver Peak mine, and the brine-sourced waste tailings of Utah-based US Magnesium, the largest primary magnesium producer in North America.

There are a handful of major lithium projects underway in the US, including Lithium Americas’ (TSX:LAC,NYSE:LAC) Thacker Pass lithium claystone project, Piedmont Lithium’s hard-rock lithium project and Standard Lithium’s (TSXV:SLI,OTCQX:STLHF) Arkansas Smackover lithium brine project.

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

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Crypto Market Recap: Bitcoin to Hold “Special Status” in US Reserve, Pectra Test Launch Hits Snag

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Here’s a quick recap of the crypto landscape for Wednesday (March 5) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$90,372.22, reflecting a 4 percent increase over the past 24 hours. The day’s trading range has seen a high of US$90,468.07 and a low of US$87,736.82.

Ethereum (ETH) is priced at US$2,231.25, marking an increase of 4.3 percent over the same period. The cryptocurrency reached an intraday high of US$2,232.93 and a low of US$2,168.29.

Altcoin price update

  • Solana (SOL) is currently valued at US$145, up 2.7 percent over the past 24 hours. SOL experienced a high of US$145.84 and a low of US$140.61 during Wednesday’s trading session.
  • XRP is trading at US$2.50, reflecting a 2.1 percent increase over the past 24 hours. The cryptocurrency recorded an intraday high of US$2.51 and a low of US$2.43.
  • Sui (SUI) is priced at US$2.67, showing a 7.2 percent increase over the past 24 hours. It achieved a daily high of US$2.68 and a low of US$2.46.
  • Cardano (ADA) is trading at US$0.9882, reflecting a 9 percent increase over the past 24 hours. Its highest price on Wednesday was US$0.9956, with a low of US$0.937.

Crypto news to know

Bitcoin’s ‘special status’ in US crypto reserve

In a Wednesday interview with the Pavlovic Today, US Commerce Secretary Howard Lutnick clarified that Bitcoin will have “special status” in a planned national cryptocurrency reserve.

The reserve will hold a basket of cryptocurrencies, including ETH, SOL, ADA and XRP. Lutnick said the Trump administration will likely reveal more details at the upcoming White House Crypto Summit.

The Trump administration has faced criticism since it announced its intention to create a reserve that includes cryptocurrencies other than Bitcoin. Industry insiders, including Coinbase and Gemini CEOs Brian Armstrong and Tyler Winklevoss, have argued that Bitcoin is the only cryptocurrency that meets the criteria of a reserve asset.

Ethereum’s Pectra upgrade faces second setback

After initially announcing the successful deployment of Ethereum’s Pectra upgrade on its final testnet, Sepolia, Ethereum blockchain developer Tim Beiko reported a technical issue that caused transaction processing software to malfunction, leading to the creation of blocks without any transactions.

The Wednesday issue marks the second setback in the process of the Pectra upgrade, which is anticipated to improve Ether staking, layer-2 network scalability and overall network capacity.

During a test run of the Pectra upgrade on the Holesky test network on February 24, a mistake in how the computers that validate transactions were set up caused the network to split into two separate, conflicting versions.

The estimated time to resolve the issue and successfully implement the upgrade on the test network is approximately 18 days. More information, including a possible final date of the Pectra mainnet implementation, is expected during Ethereum’s All Core Developers call on Thursday (March 6).

Senate passes IRS resolution

The US Senate voted 70 to 27 to pass a resolution to repeal a Biden-era rule requiring decentralized finance protocols to report to the Internal Revenue Service (IRS) and brokers to disclose gross proceeds from crypto sales.

The issue was brought forward by Senator Ted Cruz (R-TX) on January 21.

The resolution will now move to the House of Representatives. If it passes a vote there, it will be sent to President Donald Trump for his signature. David Sacks, the Trump administration’s artificial intelligence and crypto czar, has already said the White House supports the resolution.

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

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

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Silver47 Closes First Tranche of Non-brokered Private Placement

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Silver47 Exploration Corp. (TSXV: AGA) (FSE: QP2) (‘Silver47’ or the ‘Company’) is pleased to announce closing of the first tranche (the ‘First Tranche’) of its previously announced non-brokered private placement (the ‘Offering’) in the Company’s news releases of February 19 and 24, 2025. Pursuant to the closing of the First Tranche, the Company issued (i) 6,912,400 units of the Company (the ‘Units’) at a price of $0.50 each; and (ii) 929,192 flow-through units of the Company (the ‘FT Units’) at a price of $0.57 each, for aggregate gross proceeds to the Company of $3,985,839. In addition, the balance of the Offering is expected to occur on or about March 12, 2025 or as may be determined by the Company.

Each Unit consists of one common share in the capital of the Company (a ‘Common Share‘) and one-half of one Common Share purchase ‎warrant (a ‘Half-Warrant‘, with two Half-Warrants being referred to as a ‘Warrant‘). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.75‎ within 36 months ‎following issuance. Each FT Unit consists of one Common Share and a Half-Warrant (subject to the same terms as indicated above), each issued as a ‘flow-through share’ pursuant to the Income Tax Act (Canada).

The Company intends to use the net proceeds from the sale of the Units to fund exploration activities at the Red Mountain Project in Alaska and for general working capital and to use the gross proceeds from the sale of FT Units for exploration expenditures at the Company’s Adams Plateau Project.

The proceeds from the sale of the FT Units will be used to incur eligible ‘Canadian exploration expenses’ that qualify as ‘flow-through mining expenditures’ as both terms are defined in the Income Tax Act (Canada), and for British Columbia subscribers, ‘BC flow-through mining expenditures’ as defined in the Income Tax Act (British Columbia), (the ‘Qualifying Expenditures‘) on the Company’s Adams Plateau Project in British Columbia, with such expenses to be incurred on or before December 31, 2026, and the Company will renounce all the Qualifying Expenditures in favour of the subscribers of the FT Units effective December 31, 2025.

In connection with the First Tranche, the Company has paid certain persons (‘Finders‘) ‎finders’ fees totaling $199,699, representing 7% of the aggregate proceeds raised by the Finders, and issued 398,888 finders’ warrants (the ‘Finder’s Warrants‘), representing 7% of the number of securities sold to subscribers introduced to the Company by the Finders. Each Finder’s Warrant is exercisable for one Common Share at an exercise price of $0.75 for a period of 36 months from the date of issuance.

All securities issued under the Offering are subject to a hold period of four months and one day from the date of issuance under applicable securities laws. The Offering is subject to the final approval of the TSX Venture Exchange (the ‘TSXV‘).

Certain directors and officers of the Company acquired an aggregate of 720,000 Units under the First Tranche. The issuance of securities to such insiders is considered a ‘related party transaction’ as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 as the Company is listed on the TSXV and neither the fair market value of securities issued to related parties nor the consideration being paid by related parties will exceed 25% of the Company’s market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘), or any state securities laws and may not be offered or sold in the ‘United States’ or to ‘U.S. persons’ (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration Corp.

Silver47 wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US: the Flagship Red Mountain silver-gold-zinc-copper-lead-animonty-gallium VMS-SEDEX project in southcentral Alaska; the Adams Plateau silver-zinc-copper-gold-lead SEDEX-VMS project in southern British Columbia, and the Michelle silver-lead-zinc-gallium-antimony MVT-SEDEX Project in Yukon Territory. Silver47 Exploration Corp. shares trade on the TSXV under the ticker symbol AGA. For more information about Silver47, please visit our website at www.silver47.ca.

On Behalf of the Board of Directors

Mr. Gary R. Thompson
Director and CEO
gthompson@silver47.ca

For investor relations
Meredith Eades
info@silver47.ca
778.835.2547

No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘expect’, ‘intend’, ‘estimate’, ‘upon’ ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. Forward-looking statements and information include, but are not limited to: closing of the Offering, including the number of Units and FT Units issued in respect thereof; anticipated use of proceeds; expected closing date of the Offering; payment of finder’s fees; ability to obtain all necessary regulatory approvals; insider participation in the Offering; the statements in regards to existing and future products of the Company; and the Company’s plans and strategies. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the ability to close the Offering, including the time and sizing thereof, the insider participation in the Offering and receipt of required regulatory approvals; the use of proceeds not being as anticipated; the Company’s ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and the additional risks identified in the Company’s financial statements and the accompanying management’s discussion and analysis and other public disclosures recently filed under its issuer profile on SEDAR+ and other reports and filings with the TSXV and applicable Canadian securities regulators. The forward-looking information are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws.

No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION OR DISSEMINATION IN OR INTO THE U.S.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243504

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Brien Lundin: Gold’s Ultimate Move Still to Come, Get Positioned Now

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‘The first part of the equation is already solved for us — now we just need the mining stocks to react,’ he explained. ‘The hard part is done, in other words — we got the metals to where they needed to be … the juniors will follow eventually. They virtually have to.’

Watch the video above for more from Lundin on gold and gold stocks.

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

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Peter Krauth: Silver Market “Very Tight,” Watch This Price Trigger

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He’s bullish on the white metal and sees it potentially rising to US$40 per ounce this year.

‘I think we’re back near where we were back in say 2000, 2001, when the tech bubble popped and we had a decade of tremendous returns in the sector,’ Krauth explained.

‘And I think we’re at a very, very similar time right now. If you want to look for value and minimize your risk, it’s hard to find a deeper-value sector.’

Watch the interview above for more on those topics, in addition to how he’s playing the market.

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

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5 Biggest AI ETFs in 2025

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For investors who want to gain exposure to artificial intelligence stocks, exchange-traded funds (ETFs) are a popular avenue, because AI ETFs allow investors exposure to the overall market rather than individual AI stocks.

AI investing has exploded in popularity in recent years, with many major tech stocks focusing on developing their AI capabilities.

However, the sector has a long history. The phrase ‘artificial intelligence’ has been around since 1955, when it was used to describe a new computer science subdiscipline. Today we use AI to describe simulated intelligence in machines. In other words, machines with AI are capable of simulating thinking like people and mimicking their actions.

As applications for AI rapidly expand, it’s clear that this market isn’t going away anytime soon.

Research conducted by Markets and Markets suggests the AI industry will be worth over US$1.34 trillion by 2030, increasing at a compound annual growth rate of 35.7 percent between 2024 and 2030. With that much money going into the sector, there is certainly no shortage of ways for investors to add AI investments to their portfolios.

According to ETFdb.com, the AI ETFs on its list are required to meet one of three criteria:

  • Focus on stocks developing new products, services or technological improvements in AI-related research.
  • Have 25 percent portfolio exposure to companies that spend money on AI research and development.
  • Choose individual securities to be included in the fund based on their use of AI methods.

1. Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)

Company Profile

Assets under management: US$3.31 billion

First on the list is the Global X Artificial Intelligence & Technology ETF. Established in May 2018, it tracks the performance of the Indxx Artificial Intelligence & Big Data Index. The fund has an expense ratio of 0.68 percent.

‘AIQ is passively managed to invest in developed market companies that are involved in the use of artificial intelligence to analyze big data, whether for their own operations, as a service to other companies, or through the production of related hardware,’ according to ETF.com.

The Global X Artificial Intelligence & Technology ETF’s 171 holdings include Tencent Holdings (OTC Pink:TCEHY,HKEX:0700) and Alibaba Alibaba (NYSE:BABA).

2. Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ)

Company Profile

Assets under management: US$2.88 billion

The Global X Robotics & Artificial Intelligence Thematic ETF exposure to firms involved in the global automation and robotics industries. According to ETF.com, the fund was launched in September 2016 and has holdings in various markets, including technology, healthcare and energy. Eligible companies must earn a significant portion of their revenue from or have a stated business purpose in the fields of robotics or AI.

The Global X Robotics & Artificial Intelligence Thematic ETF currently tracks 92 holdings, including Intuitive Surgical (NASDAQ:ISRG) and NVIDIA (NASDAQ:NVDA). The fund has an expense ratio of 0.68 percent.

3. Defiance Quantum ETF (NASDAQ:QTUM)

Company Profile

Assets under management: US$1.17 billion

The Defiance Quantum ETF launched in September 2018. It tracks an index composed of 144 companies that derive at least half of their annual revenues from quantum computing and machine learning technology development activities.

The fund has the lowest expense ratio of the five AI funds on this list at 0.4 percent.

Some of the ETF’s top holdings include Alibaba and D-Wave Quantum (NYSE:QBTS).

4. First Trust NASDAQ Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Company Profile

Assets under management: US$494 million

The First Trust NASDAQ Artificial Intelligence and Robotics ETF was launched in February 2018. It follows a modified equal-weighted index of all-cap global companies involved in AI or robotics.

The ETF currently tracks 102 companies, and two of its top holdings are Palantir Technologies (NASDAQ:PLTR) and Meta Platforms (NASDAQ:META). The fund has an expense ratio of 0.65 percent.

5. Invesco AI and Next Gen Software ETF (ARCA:IGPT)

Company Profile

Assets under management: US$459 million

The last AI ETF on this list is the Invesco AI and Next Gen Software ETF. It is the longest running compared to the others, having launched in June 2005. The fund has an expense ratio of 0.58 percent.

It is based on the STOXX World AC NexGen Software Development Index and tracks the performance of companies that derive a direct revenue from technologies or products that contribute to future software development. The Invesco AI and Next Gen Software ETF’s 101 holdings include Alphabet (NASDAQ:GOOGL) and Qualcomm (NASDAQ:QCOM).

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

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Stock Markets Plunge as Trump’s New Tariffs Shake Global Trade; Canada and Mexico Retaliate

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In a bold move that has already sent shockwaves through international markets, US President Donald Trump formalized his prior threats by imposing sweeping tariffs on Canadian and Mexican imports.

The White House has framed the tariffs as a necessary measure to combat the influx of fentanyl and other deadly drugs into the US, citing national security concerns to utilize the International Emergency Economic Powers Act.

According to Trump, both Canada and Mexico have failed to adequately curb cartel activity and drug trafficking networks that pose an “extraordinary threat” to American public health and security.

The administration shared statistics showing that 97 percent of fentanyl seizures occur at the US-Mexico border.

While Mexico remains the dominant source of illicit fentanyl production, there has been a growing concern about Canada-based trafficking networks. Studies indicate that Canada’s domestic fentanyl production is increasing, with so-called ‘super labs’ capable of producing up to 66 pounds of the drug per week.

Trump officials argue that both nations have failed to take aggressive steps to dismantle these networks, citing weak enforcement and corruption as the primary obstacles.

Canada retaliates, Mexico vows to join the fight

The tariffs impose a 25 percent levy on all imports to the US from Canada and Mexico, a move that immediately drew harsh criticism from the governments of both affected countries.

Canadian Prime Minister Justin Trudeau called the tariffs a ‘very dumb thing to do,’ vowing to retaliate with countermeasures. ‘This is an unacceptable attack on our economy,’ he said in a speech that slammed the tariffs. ‘We will not be bullied into submission. Canada will respond swiftly and decisively.’

Canada’s response includes a reciprocal 25 percent tariff on US goods totaling C$155 billion (US$107 billion).

The first round of tariffs, affecting C$30 billion worth of goods, is set to take effect immediately, with additional measures rolling out in the coming weeks. Trudeau warned that a prolonged trade war could put up to a million Canadian jobs at risk, given the deeply intertwined nature of North American trade.

Mexican President Claudia Sheinbaum also criticized the tariffs, calling them ‘unjustified and baseless.’

She said Mexico will respond with its own set of trade restrictions, but refrained from providing specific details, stating that an official response will be outlined in the coming days.

Sheinbaum further emphasized that Mexico has made significant efforts to combat drug cartels, noting that blaming Mexico for the US fentanyl crisis ignores the role of American demand and distribution networks.

Markets slump following Trump’s tariffs

The financial impact of Trump’s announcement was immediate.

The Canadian stock market tumbled on Tuesday (March 4), with the S&P/TSX Composite Index (INDEXTSI:OSPTX) falling 1.54 percent (391.88 points) to close at 25,001.57.

The Dow Jones Industrial Average (INDEXDJX:.DJI) dropped 1.47 percent (649.67 points) to 43,191.24.

Economists have warned the tariffs could have significant consequences for both US consumers and businesses.

John Rogers, an economics professor at American International University, told the BBC that the first sector to feel the pinch will be food imports, particularly fruits and vegetables from Mexico.

He also warned that tariffs on the Canadian oil and gas could lead to higher energy costs in the US.

‘Prices could go up pretty soon,’ Rogers said, though he admitted that the exact impact of the measures put in place by Trump remains difficult to predict. ‘We are in uncharted territory.’

Ontario Premier Doug Ford has emerged as one of Canada’s most vocal critics of Trump’s tariffs, warning that they will devastate key industries, including auto manufacturing and mining. Speaking at the Prospectors & Developers Association of Canada convention, Ford pledged to fight Trump’s tariffs ‘to the death.’

‘We’re not going to roll over and get annihilated,’ Ford said during a press conference at the event. ‘If Trump wants a trade war, he’s going to get one. We will fight this dollar for dollar.’

Ford also used the opportunity to push for faster approvals for mining projects in Ontario, particularly in the Ring of Fire region, which is rich in critical minerals. He announced a new US$500 million fund to accelerate mineral processing, arguing that Ontario must become less reliant on the US market.

A trade war with no winners

While Trump insists the tariffs will protect US jobs and combat drug trafficking, experts warn they could backfire.

‘There’s no way you can win a trade war,’ Rogers maintained. ‘Everybody suffers, because everybody’s just going to wind up paying higher prices and sacrificing quality.’

Trump, however, remains undeterred. In a post on Truth Social, his social media network, he warned that if Canada retaliates, the US will respond with even higher tariffs.

‘Please explain to Governor Trudeau, of Canada, that when he puts on a retaliatory tariff on the US, our reciprocal tariff will immediately increase by a like amount!’ Trump wrote.

Trudeau and Trump are expected to a have phone meeting on Wednesday (March 5) to discuss the tariff situation.

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

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