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David Morgan, publisher of the Morgan Report, shares his thoughts on silver as the white metal’s price approaches US$50 per ounce.

He believes silver may be approaching a ‘crossing the rubicon moment,’ but emphasized that its move comes amid a much broader transition in the financial system.

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

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Gold continued to set new records on Monday (October 6), breaking US$3,900 per ounce.

After spending the summer months consolidating, the yellow metal began pushing higher toward the end of August. It quickly reached US$3,500 and continued on up, rising as high as US$3,972.60 on on Monday.

The yellow metal is up about 9 percent in the last month, and nearly 50 percent year-to-date.

Gold price, December 31, 2024, to October 6, 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 is now on its sixth day, 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 on Monday 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 are happening and that the White House ‘has gone radio silent.’

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

Against that backdrop, silver and platinum prices were also on the rise on Monday.

Silver, which broke US$48 per ounce last week, continued to trade above that amount, rising as high as US$48.74. The white metal is approaching its highest price ever and was last at the current level in 2011.

Meanwhile, platinum rose as high as US$1,645.90 per ounce after pushing through US$1,600 last week. Before taking off in May of this year, platinum had been rangebound for about a decade and was last above US$1,600 in 2013.

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

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Syntheia Corp. (CSE: SYAI) (Syntheia.ai) (the ‘Company’) is pleased to announce that further to its press releases dated July 23, 2025, September 2, 2025, and September 12, 2025, the Company has closed the final tranche of its non-brokered private placement financing for gross proceeds of $237,000.00 through the issuance of 1,975,000 units (each, a ‘Unit’) at a price of $0.12 per Unit (the ‘Offering’).

Each Unit was comprised of one common share in the capital of the Company (each, a ‘Common Share‘) and one Common Share purchase warrant (each, a ‘Warrant‘). Each Warrant is exercisable to acquire one Common Share at a price of $0.16 until October 6, 2030 (the ‘Expiry Date‘), subject to an accelerated expiry in the event the volume weighted average trading price of the Common Shares exceeds $0.20 for 20 consecutive trading days, the Company may, within 10 business days of the occurrence of such event, deliver a notice to the holders of the Warrants accelerating their Expiry Date to a date that is not less than 30 days following the date of such notice and the issuance of a press release by the Company announcing the acceleration notice (the ‘Accelerated Exercise Period‘). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.

Gross proceeds raised from the Offering will be used for working capital and general corporate purposes. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

The Offering constituted a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘) as certain insiders of the Company subscribed for an aggregate of 250,000 Units pursuant to the Offering. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the fair market value of the participation in the Offering by insiders does not exceed 25% of the market capitalization of the Company in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Syntheia

Syntheia Corp. is an early-stage artificial intelligence technology company, channeling its efforts into refining and expanding its proprietary, conversational AI-based platform (the ‘Syntheia AI Platform‘). The Syntheia AI Platform represents the integration of natural language processing (‘NLP‘) technology, enabling it to not only understand but also respond to human language with accuracy. The Syntheia AI Platform, a generative, AI-powered algorithm equipped with a human-like voice, boasts self-learning capabilities derived from NLP methodologies.

Currently in beta testing, the Syntheia AI Platform is crafted to offer a suite of automated solutions, particularly for retail-focused businesses where customer interaction and service are key to operations. At the heart of the Syntheia AI Platform is its use of AI to emulate human cognitive processes, combined with a sophisticated large language model, which is integral for interpreting and generating human-like language responses.

For further information, please contact:

Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434

Cautionary Statement

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269347

News Provided by Newsfile via QuoteMedia

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Sen. Josh Hawley, R-Mo., tore into Special Counsel Jack Smith, accusing him of ‘spying on political opponents’ during the Jan. 6 probe and calling the alleged surveillance ‘an abuse of power beyond Watergate.’

The FBI, working under Smith’s direction, obtained call logs and metadata tied to nearly a dozen GOP senators, including Hawley, as part of its investigation into the Capitol riot, Fox News reported. The tracking involved call records and timestamps, not the content of the conversations.

Hawley told Fox News Digital on Monday that the newly released documents suggest that Biden’s administration was ‘spying on the president’s political opponents,’ which he called ‘a profound violation of the separation of powers.’

He said the activity fits what he views as part of a broader pattern of executive overreach under Biden, citing alleged surveillance of Catholic churches, parents at school board meetings and social media censorship.

‘The truth comes out. Biden’s Stasi who claimed to be saving ‘our sacred democracy’ in fact worked overtime to destroy it — all for power. They spied on Catholic churches, prosecuted pro-lifers, deployed the FBI against parents at school board meetings — and tried to tap the phones of their political enemies. Including mine,’ Hawley wrote on X.

‘This is an abuse of power beyond Watergate, beyond J. Edgar Hoover, one that directly strikes at the Constitution, the separation of powers, and the First Amendment,’ he continued. ‘We need a full investigation of all involved: who knew about it, who ordered it, and who approved it. Anyone and everyone who violated the law must be prosecuted. The way to save the country is to restore the rule of law.’

Hawley said he was targeted because he is a conservative Republican who vocally opposed Biden and ‘his lawlessness.’

‘It’s obviously totally partisan,’ the senator said, adding that he’s proud to have called out what he described as the abuse of power by the FBI. He also said the alleged conduct was ‘dangerous, very, very dangerous’ for the country.

Hawley said the scope of the alleged surveillance was even greater than Watergate.

‘This is worse than Watergate,’ he said, arguing that Biden ‘activated the entire government to go after anybody who dared to oppose him.’ He accused the administration of using agencies such as the FBI, DOJ and DHS to silence critics and monitor private citizens.

Hawley called for a full Justice Department investigation and said appointing a special counsel ‘who will devote their full attention to it’ would be appropriate.

‘We’ve got to have a total accountability, total transparency and a full accounting of everybody who was involved in this — everybody who knew about it, signed off on it, and had any part in it, and I just can’t imagine that this is legal… and anybody who committed legal violations needs to be prosecuted,’ he said.

Hawley has framed the controversy as a test of constitutional limits, saying the government must be held accountable when power is used to pursue political opponents instead of upholding the rule of law.

Fox News Digital’s Brooke Singman contributed to this report.

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President Donald Trump on Monday evening slammed Democratic lawmakers for shutting down the government amid one of ‘the most successful economies,’ calling on them to reopen the government tonight.

‘Democrats have SHUT DOWN the United States Government right in the midst of one of the most successful Economies, including a Record Stock Market, that our Country has ever had,’ Trump wrote on Truth Social. ‘This has sadly affected so many programs, services, and other elements of Society that Americans rely on — And it should not have happened.

‘I am happy to work with the Democrats on their Failed Healthcare Policies, or anything else, but first they must allow our Government to re-open,’ he added. ‘In fact, they should open our Government tonight!’

Trump made the post after Senate Democrats, again, blocked Republican efforts to reopen the government, ensuring the shutdown will last at least a week.

Senate Minority Leader Chuck Schumer, D-N.Y., and most Democrats say they won’t support funding the government unless Congress agrees to extend expiring ObamaCare subsidies.

Senate Majority Leader John Thune, R-S.D., needs at least eight Democrats to back the GOP bill, which would reopen the government through Nov. 21. So far, only Sens. John Fetterman, D-Pa., Catherine Cortez Masto, D-Nev., and Angus King, I-Maine, have broken ranks to end the shutdown, while Sen. Rand Paul, R-Ky., remains the only Republican holdout.

Democrats warn that without a deal to extend the subsidies expiring this year, millions could face soaring premiums. Both sides say they want an agreement but remain split over when to address the issue.

Schumer also wants assurance that Trump will sign any deal, pointing to expected resistance from House Republicans.

‘We need the president involved,’ Schumer said. ‘[House Speaker Mike] Johnson and a whole lot of his caucus don’t like the ACA, don’t want to do the extensions. A lot of Republican senators in the Senate do, but they’re not enough. Good is not enough. You need Johnson and you need Trump to get it done. So that’s the bottom line.’

Trump told reporters in the Oval Office, ‘we’re talking to Democrats.’ When asked if he’d work with them on a deal to reopen the government, he said, ‘Yeah.’

‘I’d like to see a deal made for great healthcare,’ Trump said. ‘I want to see great healthcare. I’m a Republican, but I want to see healthcare much more so than the Democrats.’

Schumer fired back, saying Trump’s ‘claim isn’t true — but if he’s finally ready to work with Democrats, we’ll be at the table.’

Fox News Digital’s Alex Miller contributed to this report.

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The Vatican’s top diplomat on Monday condemned both Hamas’ ‘inhuman and indefensible’ Oct. 7 attacks and Israel’s ‘ongoing massacre’ in Gaza, warning that even legitimate self-defense cannot justify the destruction of a ‘largely defenseless population.’

Cardinal Pietro Parolin, the Vatican’s secretary of state and one of Pope Leo XIV’s advisers, spoke in an interview marking the second anniversary of Hamas’ Oct. 7 attack on Israel — a raid that killed about 1,200 people and saw 251 people taken hostage.

Parolin said Israel’s military response has stretched far beyond the bounds of proportionality, turning Gaza’s crowded neighborhoods into ruins.

‘The war waged by the Israeli army to eliminate Hamas militants disregards the fact that it is targeting a largely defenseless population, already pushed to the brink, in an area where buildings and homes are reduced to rubble,’ he told Vatican media.

‘Those who are attacked have a right to defend themselves,’ he said, ‘but even legitimate defense must respect the principle of proportionality.’

Reuters reported that Hamas-run Gaza health authorities claim Israel’s campaign has resulted in over 67,000 deaths in Gaza, mostly civilians.

The remarks rank among the Church’s sharpest rebukes of the war. They also mark a shift toward a more forceful Vatican voice under Leo, who succeeded Pope Francis in May.

Parolin also faulted global powers for their paralysis.

‘It is… clear that the international community is, unfortunately, powerless and that the countries truly capable of exerting influence have so far failed to act to stop the ongoing massacre,’ he said.

‘I can only repeat the very clear words spoken by Pope Leo on July 20: ‘I renew my appeal to the international community to observe humanitarian law and to respect the obligation to protect civilians, as well as the prohibition of collective punishment, the indiscriminate use of force and the forced displacement of the population.’’

Parolin went further, questioning the morality of arms sales to parties in the conflict.

‘It’s not enough to say that what is happening is unacceptable and then continue to allow it to happen,’ he said.

‘We must seriously ask ourselves about the legitimacy… of continuing to supply weapons that are being used against civilians.’

In July, Pope Leo XIV expressed sadness and called for a ceasefire after Gaza’s only Catholic Church was hit in an apparent Israeli strike, leaving at least two dead and several injured. Israeli Prime Minister Benjamin Netanyahu later said ‘stray ammunition’ hit the church.

Parolin’s warning lands as European leaders face growing pressure to do more than issue statements of concern. His use of ‘massacre’ echoed humanitarian groups that say Gaza’s civilian infrastructure has collapsed.

At the same time, he reiterated the Church’s demand that Hamas free all remaining hostages.

‘Those attacks were inhuman and indefensible,’ he said, underscoring that neither side’s suffering diminishes the other’s.

Fox News Digital has reached out to the Vatican on the matter.

Reuters contributed to this report.

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Then-Vice President Joe Biden in 2015 told the CIA he would ‘strongly prefer’ an intelligence report documenting Ukrainian officials’ concerns with his family’s ties to ‘corrupt’ business deals in the country ‘not be disseminated’ — and so it wasn’t, according to a newly-declassified email and records made public by the agency. 

CIA Director John Ratcliffe declassified the heavily redacted records, which he said he believes is an example of ‘politicization of intelligence.’

Fox News Digital obtained the declassified documents, which were discovered during a CIA review of historical agency records.

A senior CIA official briefed Fox News Digital on the declassified documents and intelligence report, stating that the intelligence was discovered along with an email showing that Biden ‘expressed a preference to not share the report.’

Representatives for Biden did not immediately respond to a request for comment from Fox News Digital.

CIA officials discovered and declassified an email dated February 10, 2016, with the subject line stating: ‘RE: OVP query regarding draft [REDACTED].’ The email was sent to the CIA.

The classification of the email was listed, and crossed out, as ‘SECRET.’

‘Good morning, I just spoke with VP/ NSA and he would strongly prefer the report not/not be disseminated. Thanks for understanding,’ the email states, signed by a redacted name, but with the title of ‘PDB Briefer.’ The ‘PDB’ is the presidential daily brief.

The report in question included intelligence revealing that Ukrainian officials viewed the Biden family’s alleged ties to corrupt business practices in Ukraine ‘as evidence of a double-standard within the United States Government towards matters of corruption and political power.’

‘Intelligence officials agreed that, at the time of collection, it would have met the threshold [for dissemination], but based on the Office of the Vice President’s preference, the information was never shared outside of the CIA,’ the official said.

The CIA, during its review, confirmed that Biden’s request was granted and that the intelligence report ‘had not been disseminated.’

The senior CIA official told Fox News Digital that it was ‘extremely rare and unusual’ and ‘inappropriate to go outside of the intelligence community and inquire with the White House on the dissemination of a particular report for what appears to be political reasons.’

The newly declassified intelligence report, which Biden sought to keep private, had a subject line of: ‘NON-DISSEMINATED INTEL INFORMATION: Reactions of [REDACTED] Ukrainian Government Officials to the Early December Visit of Senior United States Government Official.’

The document states the date of the information came in December 2015. The document was created in 2016.

At the time, Biden was vice president and was running U.S.-Ukraine relations and policy for the Obama administration.

The intelligence document stated that ‘officials within the administration of Ukrainian President Petro Poroshenko expressed bewilderment and disappointment at the 7-8 December 2015 visit of the Vice President of the United States to Kiev, Ukraine.’

‘These officials highlighted that, prior to the visit, the Poroshenko administration and other [REDACTED] Ukrainian officials expected the U.S. Vice President to discuss personnel matters with Poroshenko during the visit, and had assumed that the U.S. Vice President would advocate in support of or against specific officials within the Ukrainian Government,’ the intelligence states.

‘After the visit, these officials assessed that the U.S. Vice President had come to Kiev almost exclusively to give a generic public speech, and had not had any intention of discussing substantive matters with Poroshenko or other officials within the Ukrainian government,’ the intelligence states.

‘Following the visit of the U.S. Vice President, [REDACTED] officials within the Poroshenko administration privately mused at the U.S. media scrutiny of the alleged ties of the U.S. Vice President’s family to corrupt business practices in Ukraine,’ the intelligence states. ‘These officials viewed the alleged ties of the U.S. Vice President’s family to corruption in Ukraine as evidence of a double-standard within the United States Government towards matters of corruption and political power.’

Biden, on Dec. 9, 2015, gave a speech in Ukraine, in which he discussed corruption in the country.

‘And it’s not enough to set up a new anti-corruption bureau and establish a special prosecutor fighting corruption,’ Biden said in the speech. ‘The Office of the General Prosecutor desperately needs reform.’

In that speech, Biden also said Ukraine’s ‘energy sector needs to be competitive, ruled by market principles — not sweetheart deals.’

‘It’s not enough to push through laws to increase transparency with regard to official sources of income,’ he said. ‘Senior elected officials have to remove all conflicts between their business interest and their government responsibilities.  Every other democracy in the world — that system pertains.’

At the time, Ukrainian prosecutor Viktor Shokin was investigating Ukrainian natural gas firm Burisma Holdings. Several months later, in March 2016, Biden successfully pressured Ukraine to remove Shokin. At the time Shokin was investigating Burisma Holdings, Hunter Biden had a highly lucrative role on the board, receiving tens of thousands of dollars per month.

Biden, at the time, threatened to withhold $1 billion of critical U.S. aid if Shokin was not fired.

‘I said, ‘You’re not getting the billion.’ … I looked at them and said, ‘I’m leaving in six hours. If the prosecutor is not fired, you’re not getting the money,’’ Biden recalled telling then-Ukrainian President Petro Poroshenko. 

Biden recollected the conversation during an event for the Council on Foreign Relations in 2018.

But during his first term, President Donald Trump was impeached after a July 2019 phone call in which he pressed Ukrainian President Volodymyr Zelenskyy to launch investigations into the Biden family’s actions and business dealings in Ukraine, specifically Hunter Biden’s ventures with Burisma and Joe Biden’s successful effort to have former Ukrainian Prosecutor General Viktor Shokin ousted.

At the same time as that call, Hunter Biden was under federal investigation, prompted by his suspicious foreign transactions. 

Trump was acquitted in Feb. 2020 on both articles of impeachment against him — abuse of power and obstruction of Congress — after being impeached by the House of Representatives in December 2019. 

Meanwhile, the declassified intelligence report had a ‘warning,’ noting that ‘due to the extreme sensitivity, this report should be distributed only to the renamed recipients. No further distribution is authorized without prior approval of the originating agency. Violation of established handling procedures are subject to penalty, including termination of access to this reporting channel.’

It added that ‘any discussion of or reference to information in this report [REDACTED] is strictly prohibited. Any references to this report in derived or finished intelligence should include this warning.’

A senior CIA official told Fox News Digital that Ratcliffe believes the suppression of this intelligence is an example of ‘politicization of intelligence.’

‘Director Ratcliffe believes this is an example of politicization of intelligence that we need to work to eliminate and for what we have zero tolerance,’ a senior CIA official told Fox News Digital. ‘We believe transparency is important. We will release information and avoid any future weaponization of the intelligence community.’

As for the heavily redacted nature of the intelligence report, the senior CIA official told Fox News Digital that the agency was ‘careful about protecting CIA sources and methods with redactions.’

The official stressed that Ratcliffe believes in ‘maximum transparency’ and said he will continue to declassify CIA information and intelligence ‘when it serves the public’s interest.’

Meanwhile, the House of Representatives launched an impeachment inquiry against Biden during his presidency, and found, after years of investigating, that he engaged in ‘impeachable conduct,’ ‘abused his office,’ and ‘defrauded the United States to enrich his family.’ 

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Two years since the horrific events of Oct. 7, 2023 when Hamas terrorists attacked Israel and killed 1,200 men, women and children, before they took 251 others into the Gaza Strip, there is still no hostage deal and Israeli Prime Minister Benjamin Netanyahu’s government is facing possible collapse. 

Netanyahu has found an unlikely ally in former Prime Minister and leader of the opposition, Yair Lapid, who extended a ‘security net’ to the conservative leader this week in a move to secure the government as negotiations with Hamas remain ongoing. 

‘Nothing is more important than making this deal, bringing our hostages back home,’ Lapid said in an interview with Fox News Digital. 

The need for Lapid’s political backing comes as right-wing leaders in Netanyahu’s coalition, National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich, have repeatedly criticized Netanyahu’s acceptance of President Donald Trump’s peace plan with Hamas and threatened to leave the coalition at numerous points over the last year. 

Netanyahu’s coalition lost its majority in the Israeli parliament in July when two ultra-Orthodox parties left their ministerial posts after an exemption that granted religious students a pass for military conscription expired. 

The move left Netanyahu’s coalition in control of just 50 of the 120 seats in the Knesset.

‘Now he’s totally dependent on the extreme alt-right within his government that says no to any deal [with Hamas],’ Lapid explained. 

When asked how likely he thought it was that special elections would be triggered once parliament returns from its Autumn break on Oct. 19, Lapid said, ‘very likely.’

A special election is unlikely to happen sooner than February or March 2026, Lapid explained, pointing to a designated time frame that allows for campaigning in Israel, should the Knesset trigger an early election cycle by November – just seven months sooner than the previously scheduled October 2026 elections. 

Lapid believes the Israeli public will favor a more centrist government that would encompass both the right and left, a move that would still prioritize Israeli security, but also ensure there is an end to the war in Gaza and repairs are made to Jerusalem’s international standing.

‘If there’s one thing I’m sorry about, [it] is the fact that nobody in the government has the political courage to stand up and say…this is a just war, we are doing what needs to be done in order to protect ourselves, but we are sorry for every child that loses his life,’ Lapid said. ‘Children should not die in grownups’ wars.’

‘As Jews, as human beings, as people who believe in Judeo-Christian traditions and morality, it’s heartbreaking,’ he added. 

Lapid said this failure of the current government not only led to ambiguity when it came to Israel’s strategy in countering Hamas, it fueled what he said is media bias and false reporting, and it cost Israel dearly in terms of international support, even among ‘groups that traditionally supported Israel.’

The opposition leader described a meeting he had with Netanyahu on Oct. 7, 2023, in which he said the prime minister appeared ‘gray and tired and old all of a sudden.’

 ‘I said something at that meeting that later on became a cliché – I said, ‘Prime Minister, this is the worst day for the Jewish people since the Holocaust. 

‘What we need to do, is form a unity government,’ he said. ‘You have to get rid of the extremists in your government, and we can create a unity of government because we have opposite us, a challenge that is unparalleled to anything you, or I, have ever seen.’

Lapid said Netanyahu was ‘reluctant’ to pursue this route. 

‘Until this day, I’m sorry about this. I thought it was the right thing to do, and I still think it was the right thing to do,’ he added. 

Netanyahu has spent 15 years as Israel’s prime minister, first serving from March 2009 to June 2021, before retaking the top job in December 2022. 

Lapid described his lengthy tenure as ‘admirable’ and emblematic of his ‘resilience.’

‘But in other ways, I can see now, to say politely, the benefits of the two-term limits that you have in the United States,’ he added.

The opposition leader said he thinks Israelis are ready for a ‘unity government’ in response to Netanyahu’s hard-right coalition, noting that he thinks the upcoming elections will be ‘interesting.’

‘It’s going to cross political lines, and it’s going to be based on hope,’ he added in reference to the bloc he is building. ‘I know it sounds like big words, but I’m telling you, it is what we need right now. 

‘It’s been the hardest two years of everybody’s lifetime. And the first time in a long, long time, the fragility of the Israeli society was tangible to us. And we need to rebuild,’ Lapid added. 

Netanyahu’s office did not respond to Fox News Digital’s questions by the time this report was published.

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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) announces that it has revised the terms of its previously announced non-brokered private placement (the ‘Offering’). The Company will now offer up to 7,500,000 units (each, an ‘AI Unit’) at a price of $0.20 per AI Unit for gross proceeds of up to $1,500,000 pursuant to the accredited investor exemption (the ‘Accredited Investor Exemption’) under Section 2.3 of National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106’). In addition, the Company will also offer up to 11,111,112 units (each, a ‘LIFE Unit’) at a price of $0.18 per LIFE Unit for gross proceeds of up to $2,000,000 pursuant to the listed issuer financing exemption under Part 5A of NI- 45-106 (the ‘Listed Issuer Financing Exemption’).

Each AI Unit will consist of one common share of the Company (each, a ‘Share‘) and one-half-of-one share purchase warrant (each whole warrant, an ‘AI Warrant‘). Each AI Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.30 for a period of twenty-four months following closing of the Offering, subject to accelerated expiry in the event the closing price of the Shares is $0.50 or higher for ten consecutive trading days.

Each LIFE Unit will consist of one Share and one-half-of-one share purchase warrant (each whole warrant, an ‘LIFE Warrant‘). Each LIFE Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.24 for a period of twenty-four months following closing of the Offering.

The Company expects to utilize the proceeds of the Offering for advancement of ongoing exploration and drill work at the La Union Gold and Silver Project, upcoming exploration work at the North Island Copper Property, and for general working capital purposes. The Company anticipates that UK-based institutional investor, Sorbie Bornholm LP, will participate in a portion of the Offering.

There is an offering document related to the Offering that will be made available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at: www.questcorpmining.ca. Prospective investors should read this offering document before making an investment decision.

In connection with completion of the Offering, the Company will pay finders’ fees to eligible third-parties who have introduced subscribers to the Offering. All securities issued in connection with the Accredited Investor Exemption will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. All securities issued in connection with the Listed Issuer Financing Exemption will not be subject to a hold period. Completion of the Offering remains subject to receipt of regulatory approvals.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and 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. 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 as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269182

News Provided by Newsfile via QuoteMedia

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The platinum price broke US$1,600 per ounce on Monday (September 29), its highest level since April 2013.

What’s moving the platinum price? A number of factors are at play in this notoriously volatile market.

As a precious metal, nearly a quarter of demand for platinum comes from the jewelry sector. When the gold price is high, as it is now at nearly US$3,900 per ounce, platinum jewelry becomes an attractive, lower-cost alternative.

With more than 70 percent of demand for platinum metal coming from the industrial and automotive sectors, the market is highly price sensitive to economic cycles. However, despite the current economic uncertainty that’s driving gold higher, the platinum price is being buoyed by stable demand in the auto sector, emerging demand in the hydrogen fuel cell industry and persistent supply challenges out of major platinum-producing nations like South Africa.

Platinum supply under pressure

Supply constraints are an ongoing trend in the platinum market and a major driver of prices in 2025.

In its Q2 Platinum Quarterly, the World Platinum Investment Council (WPIC) predicts that global platinum mine supply will drop by 6 percent to 5.43 million ounces for this year.

Heavy rainfall and flooding in top producer South Africa in the first quarter of the year had a major impact on an industry already reeling from high-cost electricity and dwindling reserves.

In late August, Paul Dunne, CEO of Northam Platinum Holdings (JSE:NPH) in South Africa, told Reuters that a higher platinum price in 2025 will likely not do much to alleviate the pressures facing production in the country.

“Recent price appreciation is offering some relief to the (platinum-group metals) sector,” he said in a statement. “However, it is still not yet at levels that will support sustainable mining across the industry and certainly not the much-needed development of new operations.”

Suffice it to say that problems in the supply side will continue to support platinum over the longer term.

Platinum demand seen as sustainable

As for platinum demand, Mykuliak sees a few key important drivers, including autocatalysts for hybrid vehicles, increased hydrogen adoption for industrial uses and Chinese demand for platinum jewelry as an alternative to gold.

In the automotive industry, platinum is used in catalytic converters for vehicle exhaust systems for emissions control. The rise of electric vehicles (EVs), which do not require catalytic converters to control emissions, is expected to cut into platinum demand over time.

However, high costs and range anxiety are leading auto buyers to choose hybrids over battery EVs. Because hybrid engines still require catalytic converters, the auto sector continues to be a reliable source for platinum demand.

In the hydrogen sector, platinum has a role as a catalyst in the proton exchange membrane electrolyzers used for green hydrogen production and in hydrogen fuel cells. The WPIC has noted that the hydrogen market be ‘a meaningful component of global demand by 2030 and potentially the largest segment by 2040.’

As for jewelry demand, the WPIC is predicting an increase of 11 percent year-on-year to 2.23 million ounces in 2025. China is expected to represent more than one quarter of that growth as the fabrication of platinum jewelry in the region is expected to grow by 42 percent to 585,000 ounces.

Platinum price outlook

The platinum price has since pulled back from the US$1,600 level, coming in at US$1,558 in midday trading on Thursday (October 2). But a correction is expected in the short term, explained Mykuliak, who believes the fundamental outlook for the precious metal is still positive.

“Looking ahead, I expect volatility. My base case is a US$1,650-US$1,750 range by the year-end, with possible dips toward US$1,450 if profit-taking intensifies,” she said. “On the upside, if South African power disruptions worsen or hydrogen policies accelerate, US$1,850-US$1,950 is realistic, with US$2,000 also within reach.”

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

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