Zeus Resources Limited (ZEU:AU) has announced Pause in Trading
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Metro Mining (MMI:AU) has announced 2025 Financial Results
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(TheNewswire)
Secures Equity, Cash, and Ongoing Upside Exposure
Vancouver, British Columbia, February 26th, 2025 TheNewswire – Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that it has entered into a definitive assignment agreement (the ‘Agreement’) with Blade Resources Inc. (‘Blade’) pursuant to which Prismo has agreed to assign all of its rights, interests and obligations in the Hot Breccia copper project, located in the heart of the Arizona copper belt (the ‘Transaction’), to Blade. The Transaction is expected to close on or about March 2, 2026, or such other date as the Company and Blade may agree.
In consideration for the Transaction, Prismo will be issued 6,755,000 common shares of Blade and will receive a cash payment of $185,000. Following completion of the Transaction, Prismo will own approximately 24% of Blade’s issued and outstanding shares and will be Blade’s largest single shareholder (see additional early warning disclosure below).
Alain Lambert, CEO of Prismo, commented: ‘In our opinion, Hot Breccia is one of the best copper exploration opportunities in North America. Since optioning the project in January 2023, we have remained committed to advancing it toward drilling. After carefully evaluating our options – including funding a drill program internally, partnering with a major, or joining forces with like-minded explorers – we have concluded that the best way forward for Prismo is the latter hence this partnership with Blade.’ He added: ‘The principals and financial backers of Blade have a long history and strong track record in raising significant capital for exploration programs of the scale required at Hot Breccia.’
Strategic Rationale
The Transaction provides several strategic benefits:
Value Creation: Prismo is leveraging its investments in Hot Breccia into a significant stake in a company dedicated to advancing the Hot Breccia project.
Access to Capital with Limited Dilution: The structure provides enhanced access to capital for the Hot Breccia drill program through Blade, without direct dilution to Prismo shareholders.
Strategic Focus: Prismo will focus on advancing its remaining Arizona projects — Silver King and Ripsey Gold — while Blade dedicates its efforts to advancing Hot Breccia.
Enhanced Attractiveness to Strategic Partners: With the potential for 100% ownership of Hot Breccia, Blade will be in a better position to possibly attract majors or strategic buyers.
Prismo’s Investment in Blade
Regarding Prismo’s investment in Blade, Mr. Lambert said: ‘We see several potential pathways for our investment: holding it long term, monetizing a portion to fund other projects, distributing shares to our shareholders, or a combination of these last two approaches. At this time, we are entering this transaction with a long-term perspective. Successful development at Hot Breccia would have meaningful implications for shareholder value.’
Additional Prismo Rights under the Transaction
Under the terms of the Transaction:
-
Prismo has the right to nominate one representative to Blade’s board of directors. The Company has not yet determined its initial nominee.
-
Blade has granted Prismo participation rights in future equity offerings, allowing Prismo to subscribe for shares on substantially the same terms as other investors in order to maintain its undiluted ownership percentage in Blade.
Dr. Linus Keating, manager of Walnut Mines LLC, the underlying landowner of Hot Breccia enthusiastically commented: ‘Walnut Mines strongly supports any initiative that advances Hot Breccia toward a serious drill program. We are optimistic that this transaction will help achieve that objective in 2026. In our view, this property continues to represent an excellent copper exploration opportunity in North America.‘
Early Warning Disclosure
This news release is issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Prior to the Transaction, Prismo did not own any common shares of Blade. The common shares of Blade will be acquired by Prismo for a total consideration of $2,364,250 and will be acquired for investment purposes with a view to Blade’s potential listing on a Canadian stock exchange.
Except as described in this news release, Prismo has no present plans or intentions that relate to or would result in any of the matters enumerated in paragraphs (a) through (k) of Item 5 of Form 62-103F1.
Prismo will file an early warning report in accordance with applicable securities laws, which will be available under Blade’s profile on SEDAR+ at www.sedarplus.ca . A copy of the early warning report may be obtained by contacting Gordon Aldcorn at the contact details below.
About the Hot Breccia Project
The Hot Breccia project lies at the heart of the Arizona Copper Belt, which hosts several globally significant porphyry copper deposits. Examples of these significant deposits are Freeport McMoRan’s Miami-Inspiration mining complex, BHP’s San Manuel mine, Rio Tinto and BHP’s Resolution deposit and others (see Figure 1).
Figure 1. Location of the Hot Breccia Project in the Arizona Copper Belt.
Note that the Company and its qualified person have not been able to independently verify the information on these producing mines, and that the information is not necessarily indicative of the mineralization on the Hot Breccia project.
About Prismo Metals Inc.
Prismo (CSE: PRIZ,OTC:PMOMF, OTCQB: PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.
About Blade Resources Inc.
Blade Resources is a private mining exploration company focused on development of North American copper and precious metals projects.
Please follow @PrismoMetals on , , , Instagram, and
Prismo Metals Inc.
1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6 Phone: (416) 361-0737
Contact:
Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com
Gordon Aldcorn, President gordon.aldcorn@prismometals.com
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information relates to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates‘, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the anticipated closing and closing date of the Transaction; the strategic rationale and potential upside of the transaction with Blade, the future development of the Hot Breccia project and Blade’s ability of Blade to successfully implement its strategic and business objectives, including potentially attracting majors or strategic buyers; and the ability of Prismo to fund its exploration activities on its other projects.
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: that the Transaction may not close as anticipated, or at all; delays incurred by Blade in obtaining or failure to obtain appropriate funding to finance the exploration program at Hot Breccia; the inability of Blade to successfully acquire a 100% interest on the Hot Breccia project; delays incurred by the Company in obtaining or failure to obtain appropriate funding to finance exploration programs for its other projects; the risk that mineralization will not be as anticipated at the Hot Breccia project or at the Company’s other projects; metal prices; market uncertainty; and other risks and uncertainties application to exploration activities and the Company’s business as set forth in the Company’s disclosure documents available for viewing under the Company’s profile on SEDAR+ at www.sedarplus.com.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the timeline for closing the Transaction will be as anticipated; the Transaction will close; the ability to raise capital to fund exploration programs at Hot Breccia or on the Company’s other projects, and the timing of such exploration programs; the ability of Blade to complete the option to acquire a 100% interest in the Hot Breccia project and to successfully carry out its business and strategic objectives following completion of the transaction; and that the Hot Breccia project and the Company’s other projects will have the anticipated mineralization and other qualities.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
Copyright (c) 2026 TheNewswire – All rights reserved.
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Perth, Australia (ABN Newswire) – Basin Energy Limited (ASX:BSN) (OTCMKTS:BSNEF) announced that it has now executed a Mineral Rights Purchase and Sale Agreement (‘MRPSA’) with Green Canada Corporation Inc (‘GCC’), a 54% owned subsidiary of PTX Metals Inc. (TSXV: PTX) (‘PTX’) to sell the Marshall Uranium Project (‘Marshall’), located in Saskatchewan, Canada. This follows the binding letter of intent, as announced on the 24th November 2025.
Key Highlights
– Mineral Rights Purchase and Sale Agreement executed, advancing Basin’s sale of 100% of the Marshall Uranium Project to Green Canada Corporation Inc (‘GCC’).
– GCC progressing toward public listing on Canadian Stock Exchange, in conjunction with a reverse takeover of Maackk Capital Corp.
– Basin will receive consideration of up to:
o C$600,000 payable in cash in four equal annual instalments;
o C$300,000 payable in shares over three equal annual instalments; and
o 9.99% of the total issued capital of the newly listed entity.
– Basin retains strong upside optionality, including a 25% project level buyback option and threeyear Right of first refusal (ROFR) on any future sale.
– Basin and CanAlaska Uranium Ltd (CVE:CVV) (‘CanAlaska’) have also granted GCC a 9-month exclusivity for the North Millennium Project.
The transaction is now conditional primarily on the proposed Reverse Takeover (‘RTO’) by GCC of Maackk Capital Corp (‘MAACKK’) and concurrent minimum C$2.5 million financing and admission to the Canadian Securities Exchange (‘CSE’) or such other stock exchange as may be mutually agreed upon by the parties.
In addition to the Marshall agreement, Basin and CanAlaska have agreed to grant GCC a 9-month exclusivity right to conduct due diligence and, if satisfactory, negotiate the terms of an earn-in option to acquire up to a 51% interest in the North Millennium joint venture project of CanAlaska and BSN.
Managing Director, Pete Moorhouse commented:
‘The execution of the definitive agreement marks a key milestone in unlocking value from the Marshall Uranium Project, while maintaining meaningful upside exposure for Basin shareholders.
With GCC progressing toward its public listing and associated financing, we are pleased to see a clear pathway toward funded exploration and drill testing at Marshall in the near term. Importantly, Basin retains leverage and upside through our equity interest, buyback option and right of first refusal, ensuring continued alignment with the project’s success.’
Terms of the Deal
In consideration, GCC has agreed to the following payments to Basin:
– C$600,000 payable in cash in four equal annual instalments, with the first payment due on closing of the transaction;
– C$300,000 payable in shares, issuable in three equal annual instalments based on the 5-day Volume-Weighted Average Price on the business day immediately preceding the date of issuance; and
– 9.99% of the total issued and outstanding resulting issuer shares on a non-diluted basis after giving effect to the concurrent financing at the time of closing of the proposed RTO, subject to 12-month escrow.
Basin will receive an additional 400,000 shares in the resulting issuer upon closing of the RTO in return for granting the 9-month exclusivity right in the North Millennium joint venture.
Basin will have a right of first refusal on any sale of the Marshall Project by GCC for a period of three years following the closing date of the transaction. In addition, Basin will retain a repurchase right to acquire from GCC a 25% interest in the Marshall Project for C$1,000,000 for a period commencing on the closing date and ending on the earlier of: the date that is five years from the closing date or the date on which GCC has incurred total exploration expenditures of C$10,000,000 on the Marshall Project.
Pursuant to the terms of the MRPSA, GCC is required to fund exploration expenditures for an initial work program on the Marshall Project to be carried out within twenty-four months from the closing. The Initial Work Program will have a budget in an amount that is the greater of C$1,500,000, and the minimum amount required to maintain the mineral claims comprising the Marshall Project in good standing under applicable governmental regulations.
Basin will also have the right to nominate one director to the board of the resulting issuer.
GCC will retain the right to withdraw from the transaction at any time after the closing of the transaction, in which case the project will return to Basin and no further payments will be required.
The Company has considered the application of ASX Listing Rule 11.4(a) and considers it does not apply.
About Green Canada Corporation
GCC is a 54% owned subsidiary of PTX Metals Inc. (CVE:PTX) and a uranium exploration company with a portfolio of projects located in Thelon Basin, Nunavut, the Athabasca Basin, Saskatchewan and Quebec. Concurrent to the LOI to acquire Basin’s Marshall project, GCC announced that it has entered into a binding letter of intent with MAACKK pursuant to which GCC and MAACKK intend to complete a transaction that would result in a reverse take-over of MAACKK by the shareholders of GCC (the ‘Proposed RTO’). Closing of the Proposed RTO will be subject to, among other things, requisite regulatory approval for the listing of the resulting issuer of the Proposed RTO (the ‘Resulting Issuer’) on the Canadian Securities Exchange or such other stock exchange as may be mutually agreed upon by the parties, along with completion of concurrent financing and execution of the definitive agreements in respect of the acquisition of the Marshall project.
Upon completion of the Proposed RTO, the current directors and officers of MAACKK will resign and it is anticipated that the board of directors of the Resulting Issuer will be reconstituted to consist of Richard J. Mazur, Greg Ferron, Olivier Crottaz and a representative from the Basin.
About the Marshall and North Millennium Projects
The Marshall project is 100% owned by Basin, and the North Millennium Project is under joint venture agreement on a 40:60 basis with CanAlaska.
The Marshall and North Millennium projects are located less than 11 km from Cameco Corporation’s Millennium deposit (104.8Mlb at 3.8% U3O8) and around 40 km from the prolific McArthur River uranium mine, one of the world’s highest-grade uranium operations, refer to Figure 1*. Both projects are deemed prospective for unconformity style uranium exploration.
In 2024, ground electromagnetics (‘EM’) at Marshall identified three main targets which confirms the geological and exploration model. Of note is Target 1, refer to Figure 2*, where modelled EM plates below the unconformity align with a sandstone Z-Tipper Axis Electromagnetic (‘ZTEM’) anomaly, which is interpreted to be alteration within sandstone. The identification of these targets is encouraging and consistent with regional trends in the southeastern Athabasca and provides increased confidence in drill hole targeting.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/R3LUUKE8
About Basin Energy Ltd:
Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) is a green energy metals exploration and development company with an interest in three highly prospective projects positioned in the southeast corner and margins of the world-renowned Athabasca Basin in Canada and has recently acquired a significant portfolio of Green Energy Metals exploration assets located in Scandinavia.
Source:
Basin Energy Ltd
Contact:
Pete Moorhouse
Managing Director
pete.m@basinenergy.com.au
+61 7 3667 7449
Chloe Hayes
Investor and Media Relations
chloe@janemorganmanagement.com.au
+61 458619317
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Pakistan’s defense minister declared an ‘open war’ with Afghanistan on Friday after the two sides exchanged heavy fire along their shared border on Thursday, according to multiple reports.
Defense Minister Khawaja Mohammad Asif said in a post on X that Pakistan had hoped the Taliban would bring stability after NATO’s withdrawal, but instead accused the group of turning Afghanistan ‘into a colony of India’ and ‘exporting terrorism.’
‘Our patience has now run out. Now it is open war between us,’ he said.
The clashes came after the Taliban said it launched retaliatory strikes on Pakistani military positions, while Islamabad said it was responding to unprovoked fire in the area.
Reuters reported that both forces clashed for more than two hours along their roughly 2,600-kilometer (1,615-mile) border, threatening a ceasefire that had been agreed to in 2025 after fighting.
Thursday’s flare-up came after Pakistani forces carried out airstrikes inside Afghanistan earlier this week, with Taliban officials saying the strikes killed at least 18 people, Reuters reported Feb. 24.
Pakistan said it targeted militant hideouts and rejected claims that civilians were targeted.
The Taliban described an ‘extensive’ military operation against Pakistani army positions in response to the strikes.
‘In response to repeated provocations, extensive preemptive operations have been launched against Pakistani military positions along the Durand Line,’ Taliban spokesperson Zabihullah Mujahid wrote on X.
In a separate statement, he said ‘specialized laser units’ were operating at night.
Taliban military spokesman Mawlawi Wahidullah Mohammadi also said in a video shared with Reuters that the ‘retaliatory operation’ began Thursday evening.
Mujahid said ‘numerous’ Pakistani soldiers had been killed and some were also captured. Reuters said it could not independently verify those claims.
In another post on X, Mujahid said, ‘The cowardly Pakistani army has bombed some places in Kabul, Kandahar, and Paktia. Praise be to God, no one was harmed.’
Pakistan has since rejected the Taliban’s account.
The Ministry of Information and Broadcasting said on X that the Afghanistan Taliban’s ‘unprovoked action along the Pakistan-Afghanistan border’ was given an ‘immediate and effective response.’
The ministry said Taliban forces had ‘miscalculated and opened unprovoked fire on multiple locations’ along the border in Khyber Pakhtunkhwa province.
The post said the fire was being met with an ‘immediate and effective response by Pakistan’s security forces.’
‘Early reports confirm heavy casualties on the Afghan side with multiple posts and equipment destroyed,’ the ministry said.
‘Pakistan will take all necessary measures to ensure its territorial integrity and the safety and security of its citizens.’
Pakistani security sources also told Reuters that 22 Taliban personnel had been killed, and several quadcopters were shot down.
The fighting follows Pakistan’s accusations that the Taliban is sheltering TTP militants behind a surge in violence and suicide attacks.
The Afghan Taliban denies the claim. A day before February’s strikes, Pakistani officials said they had ‘irrefutable evidence’ that militants were launching attacks from Afghan soil, Reuters reported.
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Former President Bill Clinton will testify to the House Oversight Committee in a high-stakes deposition for the committee’s probe into Jeffrey Epstein on Friday.
The closed-door meeting is expected to take place at 11 a.m. at the Chappaqua Performing Arts Center in Westchester County, N.Y.
Chappaqua has been the Clintons’ primary residence since they left the White House at the end of the former president’s tenure.
Republicans have been eager to question Bill Clinton about his ties to Epstein for months as the committee has gone back and forth with his lawyers about terms of the interview.
Both Democrats and Republicans are expected to grill Clinton, as well as committee staff on both sides.
His sitdown comes a day after his wife, former Secretary of State Hillary Clinton, appeared before the panel for her own lengthy deposition in the Epstein probe.
However, House Oversight Chairman James Comer, R-Ky., told reporters on Thursday that he anticipated Bill Clinton’s deposition would be ‘even longer’ than his wife’s.
He also stressed Thursday that neither of the Clintons are being accused of wrongdoing tied to Epstein.
‘No one’s accusing, at this moment, the Clintons of any wrongdoing. They’re going to have due process,’ Comer said. ‘But we have a lot of questions, and the purpose of the whole investigation is to try to understand many things about Epstein.’
Both depositions will be released on video sometime later.
Hillary Clinton told lawmakers in her opening statement that she could not recall any contact with Epstein, nor did she have any more information for the committee past what she sent in a Jan. 13 statement.
She also criticized the probe’s attention on her as a ‘fishing expedition’ and accused Republicans of trying to use her to pull attention from Trump.
‘A committee endeavoring to stop human trafficking would seek to understand what specific steps are needed to fix a system that allowed Epstein to get away with his crimes in 2008,’ she told the panel, according to her opening remarks.
‘But that’s not happening. Instead, you have compelled me to testify, fully aware that I have no knowledge that would assist your investigation, in order to distract attention from President Trump’s actions and to cover them up despite legitimate calls for answers.’
Unlike his wife, however, Bill Clinton had a well-documented relationship with Epstein before his federal probes related to prostitution of minors and sex trafficking.
Bill Clinton’s name and photo appear numerous times in documents released by the federal government on Epstein, and flight records show he did ride Epstein’s plane.
But neither he nor Hillary Clinton have been implicated in Epstein’s crimes.
The committee has also interviewed two former Trump administration officials, ex-Attorney General Bill Barr and ex-Labor Secretary Alex Acosta.
Their testimonies come weeks after the House nearly voted on holding both Clintons in contempt of Congress for defying Comer’s subpoena. House leaders dropped the effort after the Clintons said they would comply.
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As President Donald Trump pressures Iran to abandon its nuclear ambitions amid rising tensions, Vice President JD Vance told The Washington Post there is ‘no chance’ the U.S. will enter a yearslong war in the Middle East.
‘The idea that we’re going to be in a Middle Eastern war for years with no end in sight — there is no chance that will happen,’ Vance said on Thursday, according to the outlet.
‘I think we all prefer the diplomatic option,’ he said, according to the Post. ‘But it really depends on what the Iranians do and what they say.’
‘I do think we have to avoid repeating the mistakes of the past. I also think that we have to avoid overlearning the lessons of the past. Just because one president screwed up a military conflict doesn’t mean we can never engage in military conflict again. We’ve got to be careful about it, but I think the president is being careful,’ Vance told the outlet.
Fox News Digital reached out to Vance’s office and the White House on Friday morning.
Trump said during his State of the Union address on Tuesday night, ‘My preference is to solve this problem through diplomacy. But one thing is certain: I will never allow the world’s number-one sponsor of terror — which they are by far — to have a nuclear weapon.’
In a Truth Social post regarding Iran on Monday, the president said that he ‘would rather have a Deal than not but, if we don’t make a Deal, it will be a very bad day for that Country and, very sadly, its people, because they are great and wonderful, and something like this should never have happened to them.’
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As the Trump administration appoints Vice President JD Vance to lead a nationwide ‘War on Fraud,’ a coalition of conservative state financial officers says it has already uncovered and stopped billions in taxpayer waste and is pledging to partner with the White House to root out corruption nationwide.
In a Thursday letter to the White House, the State Financial Officers Foundation (SFOF) praised President Donald Trump’s focus on what he called fraud scandals that have ‘resulted in tens of billions of dollars being stolen from American taxpayers,’ writing that such corruption ‘shreds the fabric of a nation’
SFOF CEO OJ Oleka told Vance that the group’s 40 conservative state treasurers, auditors and comptrollers across 28 states stand ready to support the administration’s anti-fraud mission, noting they collectively oversee more than $3 trillion in state funds.
The letter accompanied SFOF’s inaugural 2025 Oversight Report, which claims that affiliated state financial officers safeguarded more than $28 billion of waste, fraud, and abuse in 2025 alone.
The report highlights some of the most egregious examples within that $28 billion including in Florida, where Chief Financial Officer Blaise Ingoglia just under $2 billion in excessive spending and in Kentucky, where Auditor Allison Ball found more than $836 million in improper Medicaid payments.
Medicaid fraud has been of particular interest to the Trump administration given the massive fraud scandal that has unfolded in Minnesota and Vance said on Wednesday the administration has ‘decided to temporarily halt certain amounts of Medicaid funding that are going to the state of Minnesota in order to ensure that the state of Minnesota takes its obligations seriously to be good stewards of the American people’s tax money.’
The report also highlights North Carolina, where it says State Auditor Dave Boliek discovered more than $1 billion in lapsed salaries from long term vacancies in the state. Additionally, Utah auditor Tina Cannon identified more than $518 million in fraud, waste and abuse across agencies and nonprofits receiving state and federal funds.
In his letter, Oleka told Vance that SFOF’s members are ‘allies already on the battlefield’ and stand ready to assist the administration in protecting taxpayer dollars.
‘The American people deserve nothing less,’ he wrote.
SFOF argues that state-level financial watchdogs, often elected independently of governors and legislatures, are uniquely positioned to expose mismanagement and enforce fiscal discipline.
With billions already identified at the state level, the group says a coordinated federal-state approach could dramatically expand the scope of fraud detection nationwide, potentially reshaping how taxpayer dollars are safeguarded across the country.
‘By working together, we can protect our nation’s treasure to the fullest extent against every foe and every plot to endanger it,’ Oleka wrote.
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The Department of Justice on Thursday sued five additional states, requesting that their election data be shared with the Trump administration amid its push for access to voter rolls from states across the country.
Four states President Donald Trump carried in the last three presidential elections — Utah, Oklahoma, Kentucky and West Virginia — were slapped with the latest legal action, along with New Jersey.
The DOJ has now sued more than two dozen states in efforts to access election records, with most of the states being controlled by Democrats.
Assistant Attorney General for Civil Rights Harmeet Dhillon suggested that state election officials were ‘choosing to fight us in court rather than show their work’ with voter roll access.
‘We will not be deterred, regardless of party affiliation, from carrying out critical election integrity legal duties,’ she said in a statement on Thursday.
‘The Justice Department will continue to fulfill its oversight role dutifully, neutrally, and transparently wherever Americans vote in federal elections,’ Dhillon said.
The Trump administration has intensified its efforts to take over elections in recent months even though the U.S. Constitution gives states, not federal officials, the authority to run elections. Most states have their secretary of state oversee elections.
Access to election information varies by state, but election officials generally release redacted versions of their voter rolls to the public and government agencies, according to Politico. However, the DOJ has demanded that states give the federal government unredacted files, including voters’ private data such as their driver’s license numbers and the last four digits of their Social Security numbers.
‘Accurate, well-maintained voter rolls are a requisite for the election integrity that the American people deserve,’ Attorney General Pam Bondi said in a statement. ‘This latest series of litigation underscores that this Department of Justice is fulfilling its duty to ensure transparency, voter roll maintenance, and secure elections across the country.’
The DOJ has argued the states are in violation of the Civil Rights Act of 1960, which affirms that the attorney general can request voter records from election officials, but state officials contend that the department is seeking an escalation of the administration’s wider attempts to become involved in state election proceedings.
‘Neither state nor federal law entitles the Department of Justice to collect private information on law-abiding American citizens. Utahns can be assured that my office will always follow the Constitution and the law, protect voters’ rights, and administer free and fair elections,’ Utah Lt. Gov. Deidre Henderson said in a statement to Politico.
Kentucky Secretary of State Michael Adams also criticized the lawsuit, saying the state’s elections were ‘a national success story.’
‘Kentucky law protects voters’ personal information, and I will not voluntarily commit a data breach by providing Kentuckians’ personal data to the federal bureaucracy unless a court order tells me to,’ he said in a statement to the outlet.
West Virginia Secretary of State Kris Warner’s office said it had not yet been served with a lawsuit.
‘Regardless, I think Secretary Warner’s comments to the DOJ were pretty clear. Bring it on! The federal government is not going to get any personal information on West Virginia voters as long as Kris Warner is Secretary of State,’ spokesperson Mike Queen said in a statement to Politico.
Earlier this month, the FBI executed a search warrant at an election office in Fulton County, Georgia, seizing ballots and other voting records from 2020, according to local officials. The Peach State went to former President Joe Biden in 2020, but Trump carried the state in 2024.
In efforts to ensure only American citizens are voting, Trump has also urged Congress to pass the SAVE America Act, which would require voters in federal elections to prove citizenship by providing a photo ID and other documentation, such as a passport or birth certificate.
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1911 Gold Corporation (‘1911 Gold’ or the ‘Company’) (TSXV: AUMB,OTC:AUMBF) (OTCQX: AUMBF) (FRA: 2KY) announces that, pursuant to the Company’s long-term incentive plan (the ‘LTIP’), it has granted stock options (the ‘Options’) to Suzette Ramcharan, an employee of the Company who provides investor relation services, to purchase 500,000 shares of the Company (the ‘Shares’) at a price of $1.15 per Share until February 25, 2031. The Options will vest ¼ three months after the date of the grant; ¼ six months after the date of the grant; ¼ nine months after the date of the grant; and ¼ twelve months after the date of the grant. The foregoing Options are subject to acceptance by the TSX Venture Exchange.
About 1911 Gold Corporation
1911 Gold is an advanced gold explorer and developer focused on its 100%-owned True North Gold Project in the Archean Rice Lake Greenstone Belt in Manitoba, Canada. The Company controls a large, highly prospective ~62,000-hectare land package with numerous past-producing gold operations within trucking distance of the fully built and permitted True North mine and mill complex. 1911 Gold is positioning itself to restart operations in 2027 and offers a unique, near-term production story with significant exploration upside. The strategy is to build a district-scale gold mining operation around a centralized, and readily expandable infrastructure to support a socially and environmentally responsible, long-term mining operation with little development risk and a growing mineral resource base.
1911 Gold’s True North complex and the exploration land package are located within and among the First Nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, cooperative, and respectful communications with all of our local communities and stakeholders to foster mutually beneficial working relationships.
ON BEHALF OF THE BOARD OF DIRECTORS
Shaun Heinrichs
President and CEO
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities laws (collectively, ‘forward-looking statements‘). Often, but not always, forward-looking statements can be identified by the use of words and phrases such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or that describe a ‘goal’, or variations of such words and phrases, or statements that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.
All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.
Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, predictions, projections, forecasts, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the terms of the Options, the ability of the Company to receive necessary regulatory approvals for the grant of the Options, and the planned restart of mining operations in 2027, and the timing of such event.
Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE 1911 Gold Corporation
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