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SCOOP: Top Republican Chuck Grassley sets prompt hearing on judges blocking Trump

Politics 4 Mins Read

: Senate Judiciary Chairman Chuck Grassley, R-Iowa, will hold a hearing next week on federal judges’ use of nationwide orders to throttle the Trump administration’s actions, which will take place back to back with an identical hearing in the lower chamber. 

In an exclusive statement to Fox News Digital, Grassley said, ‘District judges’ abuse of nationwide injunctions has hobbled the executive branch and raised serious questions regarding the lower courts’ appropriate jurisdictional realm.’

‘Since the courts and the executive branch are on an unsustainable collision course, Congress must step in and provide clarity,’ he explained. ‘Our hearings will explore legislative solutions to bring the balance of power back in check.’

The hearing is slated to take place on April 2, one day after the House’s hearing. 

‘We plan to have hearings starting next Tuesday on this broad subject,’ House Judiciary Committee Chairman Jim Jordan, R-Ohio, told ‘Fox & Friends’ on Wednesday morning.

It will be titled ‘Rule by District Judges II: Exploring Legislative Solutions to the Bipartisan Problem of Universal Injunctions.’

Specifically, the committee will look at both the constitutional and policy issues that are raised by judges issuing nationwide injunctions, particularly the uptick brought on by the Trump administration. It will further examine what harm the wide-ranging orders have posed to each branch of government, and what kind of solutions are on the table for Congress. 

The Senate Judiciary Committee’s Republican majority has invited witnesses Samuel Bray and Jesse Panuccio to testify at the hearing. 

Bray is the John N. Matthews Professor of Law at Notre Dame and is an expert on nationwide injunctions. He has written and testified on the subject extensively. He notably penned a Harvard Law Review article, ‘Multiple Chancellors: Reforming the National Injunction.’

Panuccio is a partner at Boies Schiller Flexner and was previously the acting associate attorney general at the Department of Justice (DOJ), as well as the chairman of the DOJ’s Regulatory Reform Task Force and vice chairman of the DOJ’s Task Force on Market Integrity and Consumer Fraud. He also spent time as Florida Gov. Rick Scott’s general counsel.

This is not the first time lawmakers have expressed concerns over the ability of federal judges to stop actions nationwide in their tracks. At a hearing in 2020, led by former committee Chairman Lindsey Graham, R-S.C., it was discussed at length by bipartisan senators. 

Several Republicans have already introduced bills in the House and Senate aimed at restricting the ability of federal judges to kneecap the administration. The president has expressed interest in one such measure, led by Rep. Darrell Issa, R-Calif., Fox News Digital reported last week. 

According to two sources familiar with the discussions, top White House aides told senior Capitol Hill staff members last week, ‘the president wants this.’ They also said the White House felt that time was of the essence when it comes to the judicial issue and Trump wants Congress to expedite the matter. 

While the hearings have been promptly scheduled for next week, there is no word on whether legislation on the issue will be brought to the Senate floor. 

The office of Senate Majority Leader John Thune, R-S.D., did not provide comment to Fox News Digital when asked if he had ideas for policy regarding the injunctions, or whether he believed Congress needed to act. 

When asked by Fox News earlier this week about calls to impeach judges, Thune noted that Grassley was examining the issue and said, ‘At the end of the day, there is a process, and there’s an appeals process. And, you know, I suspect that’s ultimately how it’s going to be ended.’

During a floor speech Tuesday, Senate Majority Whip John Barrasso, R-Wyo., said, ‘When partisan, unelected district court judges try to micromanage the president of the United States, it isn’t judicial review. It isn’t checks and balances. It is purely partisan politics – and it is wrong.’ 

But the No. 2 Republican didn’t call for any specific legislation on the subject. 

Critics of the GOP’s cautious approach toward federal judges’ wide-ranging orders include Gov. Ron DeSantis, R-Fla., who asked why bills weren’t already teed up at the start of the Congress. 

‘Congress has the authority to strip jurisdiction of the federal courts to decide these cases in the first place,’ the governor said on X earlier this month. 

‘The sabotaging of President Trump’s agenda by ‘resistance’ judges was predictable – why no jurisdiction-stripping bills tee’d up at the onset of this Congress?’ he asked. 

This post appeared first on FOX NEWS

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Hawley presses FBI to probe alleged Biden-era targeting of Christians

Politics 3 Mins Read

Sen. Josh Hawley asked FBI Director Kash Patel Wednesday to look into alleged Biden-era abuses against Christians, urging Patel in a new letter to crack down on what the Missouri Republican described as First Amendment violations he said were carried out under the Biden administration.

In the letter, previewed exclusively by Fox News Digital, the Missouri Republican asked Patel to investigate alleged abuses against pro-life activists and Christians. He also urged Patel to release by April 30 information compiled by the FBI’s Richmond, Virginia, field office – including a memo that labeled certain traditionalist Catholics as potential ‘security risks’ – and to address possible violations of the FACE Act, which Hawley said targeted pro-life protesters.

‘I trust that, under your leadership, this misconduct will end. But those responsible must be held accountable,’ Hawley said in the letter. 

‘Transparency and accountability will be paramount in restoring Americans’ faith in the Bureau,’ he added. ‘Getting to the bottom of the Biden Administration’s violations of religious liberty is an excellent place to start.’

The letter from Hawley, who chairs the Senate Judiciary Subcommittee on Crime and Counterterrorism, is not the first time he has used his post to urge Patel to protect against Christian persecution. 

Hawley’s letter calls on the FBI to share with his office by the end of April a list of 22 memos and documents compiled by the FBI Richmond Field Office and related to the alleged FACE Act abuses, including all emails, memoranda, directives and policy guidance, sent to or from the FBI director, deputy director, or any other senior official regarding the enforcement of the FACE Act under the Biden Administration. 

Hawley also urged Patel to share all documents – including communications with state and local law enforcement agencies – that discuss how the Richmond Field Office memorandum or similar FBI policies were implemented or considered for enforcement at the state or local level.

Hawley zeroed in on these issues during Patel’s confirmation hearing earlier this year.

‘Do you think it’s appropriate for the FBI to single out and target people of faith in order to discourage the exercise of their First Amendment rights?’ he asked Patel in January. 

Patel vowed in response that he would ‘fully utilize, if confirmed, the investigative powers of the FBI to give you the information you require and also to hold those accountable who violated the sacred trust placed upon the FBI.’

This post appeared first on FOX NEWS

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Trump team’s Signal snafu sparks debate over secure comms: ‘Russia and China are listening’

Politics 6 Mins Read

The leak of Houthi strike plans by the Trump administration to a journalist was not the result of a hack but an apparent human error. Still, it sparked debate over whether the nation’s most powerful government officials should communicate sensitive military information on a non-government platform. 

Jeffrey Goldberg, editor-in-chief of The Atlantic, wrote on Monday that he was added to a group chat on Signal on March 11 by National Security Advisor Mike Waltz titled ‘Houthi PC small group.’ His article details a leaked conversation between the nation’s top government officials, including the vice president, secretary of defense, director of the CIA and others, in which the sensitive details of a planned strike on Houthi terrorists in Yemen were reportedly discussed. 

The report shocked Washington and led to accusations from Democrats and others that President Donald Trump’s team endangered national security and possibly violated the law by using Signal, a messaging app. Signal’s platform is encrypted, but that doesn’t mean it is not susceptible to hacks, experts told Fox News Digital.

Encryption means that only the sender and the receiver of a message should be able to review it; not even Signal itself can pull its contents. But even without viewing a message’s contents, some metadata might be attainable.

‘Knowing who has spoken with whom at what time and for what duration is already very useful intelligence,’ said Vahid Behzadan, cybersecurity professor and researcher at the University of New Haven. 

‘If a phone is infected with spyware, messages can be intercepted before or after encryption.’

‘Screenshots or photos are not protected by Signal itself … and if previews are enabled by users in the app, sensitive info could appear on a locked screen,’ he said. 

Government officials and journalists often use Signal to communicate sensitive information for fear that emails and text communications on official government cellphones could fall under the Freedom of Information Act, meaning they could be made public. However, transmitting controlled but unclassified information on Signal is explicitly banned by Defense Department policy.

In February, Google’s Threat Intelligence Group warned of ‘increasing efforts from several Russia-aligned actors to compromise Signal accounts used by individuals of interest to Russia’s intelligence services.’ 

‘While this emerging operational interest has likely been sparked by wartime demands to gain access to sensitive government and military communications in the context of Russia’s re-invasion of Ukraine, we anticipate the tactics and methods used to target Signal will grow in prevalence in the near-term and proliferate to additional threat actors and regions outside the Ukrainian theater of war,’ Google said. 

Google warned that Signal could obtain access to all of a target’s information on their phone while their device is unlocked. 

‘As reflected in wide-ranging efforts to compromise Signal accounts, this threat to secure messaging applications is not limited to remote cyber operations such as phishing and malware delivery, but also critically includes close-access operations where a threat actor can secure brief access to a target’s unlocked device.’

At first, Goldberg said, he worried that the Signal chat was fake. 

But shortly thereafter, top names in the administration, Vice President JD Vance, Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, Director of National Intelligence Tulsi Gabbard, CIA Director John Ratcliffe, and Treasury Secretary Scott Bessent, began naming their points of contact for the impending offensive campaign in Yemen against the Houthis, according to The Atlantic. 

The group then reportedly began to use the chat for coordinating messaging plans as the administration moved closer to its offensive campaign, which was made public on March 14. 

The Trump administration has insisted no one shared classified information in the ‘Houthi PC small group’ chat. 

Ratcliffe said he’d been briefed by the agency about the ‘permissible work use’ of Signal. 

But Goldberg said the chat ‘contained operational details of forthcoming strikes on Iran-backed Houthi rebels in Yemen, including information about targets, weapons the U.S. would be deploying, and attack sequencing.’ He redacted some of the information he deemed potentially sensitive, including the name of a CIA agent who Ratcliffe had named to run point on the strikes.

Ratcliffe said it was not improper for him to share the officer’s name because he was not under active cover.

Both Ratcliffe and Gabbard said they could not recall whether specific weapons systems or specific targets had been mentioned in the Signal chat during a Senate worldwide threats hearing on Tuesday. 

When asked whether Hegseth had declassified information about the Houthi operations before sharing it in the chat, they referred senators to the Defense Department. 

Rep. Don Bacon, R-Neb., a national security hawk, isn’t buying that the chat did not reveal classified information. 

‘I will guarantee you 99.99% with confidence Russia and China are monitoring those two phones,’ Bacon said of the chat. 

‘This is a gross error, and it’s intentional. They intentionally put highly classified information on an unclassified device. I would have lost my security clearance in the Air Force for this and for a lot less.’

Matthew Shoemaker, a former defense intelligence official, said sharing classified information on Signal would violate Title 18 of U.S. Code 793, which bans gathering, transmitting or losing defense information. The punishment for such a crime carries up to 10 years in prison.

‘They had to physically remove it from a classified system and then put it on an unclassified system,’ he said. ‘Any uniformed officer would immediately be relieved of command.’

‘It’s hard to believe this is the first time they’ve been doing this. It’s likely just the first time they’ve been caught.’ 

On top of it all, Shoemaker said, White House envoy Steve Witkoff, who was a part of the chat, was in Russia on Russian-operated cell networks at the time the strike information was being communicated to him.

‘Given the Russian GRU’s past activity breaking into Signal, it’s highly likely the Russians saw everything.’

He said that any conversations about the timing of the strike, assets used or weapons is all strike package information that is ‘highly classified, likely at the top secret level.’

‘I’m sure the targeting intelligence officers would be very surprised to learn their work is actually unclassified, if what Pete Hegseth is saying were true.’

The threat of hacking the chat would depend on whether officials were using their government phones with extra layers of encryption or personal devices, according to James Robbins, dean of academics at the Institute of World Politics and former advisor to the late Defense Secretary Donald Rumsfeld.

‘I think we can assume that any government-issued phone to somebody at a Cabinet level would have all kinds of safeguards preinstalled,’ he said. 

He said the fact that Witkoff was in Russia did not mean he ‘was plugging into a Russian Wi-Fi.’ 

‘Things get communicated from our foreign embassies and foreign locations all the time. That doesn’t mean it goes over a foreign network.’

This post appeared first on FOX NEWS

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Federal judge temporarily blocks shutdown of US-funded radio network

Politics 3 Mins Read

A federal judge in Washington, D.C., temporarily blocked the shutdown of a U.S.-funded radio network. 

U.S. District Judge Royce Lamberth, who was appointed by former President Ronald Reagan, granted a temporary restraining order on the shutdown of Radio Free Europe/Radio Liberty (RFE/RL), a non-profit news organization originally founded in the 1950s by the Central Intelligence Agency to broadcast behind the Iron Curtain during the Cold War. 

Congress later began funding RFE/RL in the 1970s to promote democracy across the globe. 

The judge found Kari Lake, the longtime Arizona broadcaster and unsuccessful gubernatorial and Senate candidate tapped to oversee the U.S. Agency for Global Media, likely violated federal law in moving to slash RFE/RFL’s funding in line with President Donald Trump’s agenda to eliminate government waste. 

The U.S. Agency for Global Media houses Radio Free Europe and Asia, as well as Voice of America and Radio Marti in Cuba. 

‘RFE/RL has, for decades, operated as one of the organizations that Congress has statutorily designated to carry out this policy,’ Lamberth wrote. ‘The leadership of USAGM cannot, with one sentence of reasoning offering virtually no explanation, force RFE/RL to shut down—even if the President has told them to do so.’

Trump signed an executive order earlier this month aimed at dismantling U.S.-funded media organizations. A senior White House official told Fox News Digital at the time that Voice of America ‘has been out of step with America for years.’

‘It serves as the Voice for Radical America and has pushed divisive propaganda for years now,’ the official said. 

The executive order, which targets seven offices, including the U.S. Agency for Global Media, said ‘non-statutory components and functions of the following governmental entities shall be eliminated to the maximum extent consistent with applicable law, and such entities shall reduce the performance of their statutory functions and associated personnel to the minimum presence and function required by law.’ 

RFE/RFL sued in federal court, saying that the administration immediately froze nearly $7.5 million in funding already appropriated by Congress. The Justice Department wrote in court documents on Monday that the disbursement was underway and proof of payment would come by Wednesday. 

Voice of America Director Michael Abramowitz wrote on X that ‘virtually’ the whole 1300-person staff was placed on leave. 

In a court hearing Monday, Justice Department lawyer Abby Stout argued that RFE/RL has no grounds for a restraining order given the U.S. government would disburse the nearly $7.5 million. The plaintiff’s lawyer, Thomas Brugato, said the disbursement was only a temporary fix and the non-profit could expect widespread layoffs and to close by April if funding doesn’t continue.

‘It’s really a Band-Aid,’ Brugato said in court, according to The Hill. 

In his order, Lamberth said RFE/RL ‘was originally conceived of in the 1950s as a vehicle for providing trustworthy, locally relevant news to audiences subject to communist propaganda.’ 

‘Since its inception, RFE/RL has continued to expand, responding to threats to democracy and media freedom across the globe,’ the judge wrote, later concluding, ‘The Court concludes, in keeping with Congress’s longstanding determination, that the continued operation of RFE/RL is in the public interest.’

Separately, a lawsuit was brought Friday by Voice of America reporters, Reporters Without Borders and a handful of unions in U.S. District Court in New York against the U.S. Agency for Global Media and Kari Lake over efforts to shut them down. 

Fox News’ Emma Colton contributed to this report.

This post appeared first on FOX NEWS

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Business

‘Eat now, pay later’? DoorDash-Klarna deal fuels concerns around loans for takeout

Business 6 Mins Read

DoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our customers’ needs.” Not everyone sees it that way.

The announcement has drawn a flurry of criticism on social media, less directed at the companies themselves than questioning what the need to use a “buy now, pay later” service for food orders says about the increasingly debt-ridden economy.

“Eat now, pay later? A credit apocalypse is coming,” an X user wrote Thursday when the partnership was announced.

Another X poster used a photo of a forlorn-looking Dave Ramsey, the personal finance pundit, with the caption, “what do you mean you have $11k in ‘doordash debt’.”

Others whipped up “Sopranos” memes, quipping about “DoorDash debt collection outside your door because you missed a Chipotle payment.”

The economic commentator Kyla Scanlon said in a social media video that the deal was another example of the “gambling economy.”

“We have memecoins, sports betting — we love a good vice in the United States, and we can do it completely frictionless,” she said. “We don’t even have to put on pants. Just app it to you and worry about everything else later.” She added that “there are real winners and losers” in business models that monetize not just convenience but “impulsivity.”

Klarna, which is preparing for an initial public offering, is among the BNPL providers that have surged into virtually all corners of the consumer economy since the pandemic, such as Afterpay, Affirm and Sezzle.

The lightly regulated financial services give users a variety of ways to pay for purchases; among the most popular are short-term loans that can typically be repaid in several interest-free installments. The companies make money by charging users for late or missed payments and merchants for the ability to offer BNPL loans at checkouts.

DoorDash said customers will be able to use Klarna for many types of purchases on its platform, not just small-dollar food deliveries. They can pay in full up front, in four installments or else later on, “such as a date that aligns with their paycheck schedules.”

A Klarna spokesperson acknowledged the online pushback but said any form of borrowing for food purchases is potentially concerning, depending on the circumstances.

“If people are in a situation where they feel like they have to put their food on credit, that’s a bad indicator for society,” the spokesperson said.

Still, many people make “a rational decision” to use BNPL services to help manage their money, the spokesperson said, adding that the new features would be available only for DoorDash purchases of at least $35 — a few dollars more than the platform’s average order as of last March. “Wherever high-cost credit cards are accepted, consumers should be able to choose a zero-interest credit product, instead.”

Indeed, industrywide data shows the short-term loans have become a routine feature of many consumers’ wallets, particularly among young adults coping with inflation and with average credit card interest rates still near 20%.

The BNPL explosion coincides with record debt levels and mounting consumer pessimism. Total household debt exceeded $18 trillion at the end of last year, according to the Federal Reserve Bank of New York, with credit card balances comprising a record $1.2 trillion of that sum. Consumer sentiment fell this month to its lowest level since 2022, and borrowers’ expectations for missing debt payments in the next three months hit their highest level since 2020, the New York Fed found.

A spokesperson for DoorDash didn’t comment on the criticism of its partnership with Klarna, saying their collaboration “provides even more flexibility, control and options.” The delivery service noted that its users can already pay with Venmo and CashApp, as well as government aid, including SNAP benefits. Klarna is already available on the grocery delivery platform Instacart, and it recently replaced rival Affirm as Walmart’s exclusive BNPL partner.

Much of the concern over BNPL has focused on the potential effects on borrowers’ credit histories, which largely still don’t reflect use of the services despite years of discussions with credit-reporting bureaus to change that. Yet a study released last month by Affirm and the credit-scoring firm FICO showed most consumers with five or more Affirm loans saw no real downside to their credit scores, some of which actually increased. And consumers consistently rate BNPL products favorably in surveys. Last year, 89% of borrowers told TransUnion they were either satisfied or very satisfied with the services.

But personal finance experts and consumer advocates say the qualms kicked up by the DoorDash-Klarna deal reflect real financial risks.

“Making four payments to cover three tacos on Tuesday sounds complicated because it is,” said Adam Rust, director of financial services at the Consumer Federation of America, an advocacy group. “I wouldn’t characterize this as a solution. It is a fintech innovation that creates problems.”

Not only might users face Klarna’s own late fees, he said, but “once customers consent to repay with automatic debits, they risk additional overdraft fees” from their banks.

Rust also highlighted recent work by the Consumer Financial Protection Bureau that remains in jeopardy or has been stopped altogether as the Trump administration defangs the agency.

The CFPB recently granted BNPL customers more ability to dispute charges and get refunds, but with staffers ordered to stop all enforcement activity last month, former employees and consumer advocates believe the rule has been rendered moot. A trade group representing fintech businesses, including some BNPL lenders but not Klarna, asked the Trump administration this month for an exemption from a law scheduled to take effect next week requiring certain lenders to verify borrowers’ ability to repay loans before they front them money.

Financial planners have long cautioned clients against budgetary strains from BNPL overuse. Even some borrowers themselves who’ve spent heavily with the services have begun warning others of their risks, saying they make it easy for cash-strapped users to rack up debts that are tough to pay off.

“Eat now, pay later is an awful trap,” Douglas Boneparth, president of Bone Fide Wealth, an advisory firm focused on millennials, wrote on X last week. “If you need to borrow to have a burrito delivered to you, you are the product. Nothing more.”

This post appeared first on NBC NEWS

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Investing

Funding the Energy Transition: The Role of Public and Private Finance in Building Supply Chains

Investing 6 Mins Read

The energy transition demands substantial funding as participants look to build out infrastructure and supply chains, but experts say new solutions are emerging to help navigate this landscape.

During the ‘Financing the Energy Transition’ panel at the Benchmark Summit, participants discussed the role of government and public sector investment, as well as the outlook for Canada’s electric vehicle (EV) supply chain.

Moderated by Adam Webb, head of battery raw materials at Benchmark Mineral Intelligence, the discussion at the Toronto-based event opened with a snapshot of Canada’s EV battery supply chain buildout.

Daanish Hussein, senior manager of grants and direct funding at BDO Canada, highlighted the downstream, midstream and upstream development happening in Ontario and Québec.

“If you look at the last four years, just looking at Ontario, we’ve secured over C$45 billion in this industry,” he said, adding that Ontario’s strategy has initially been focused on downstream growth.

“Whereas in Québec, I think what you’ve seen is a bigger focus on the midstream and upstream,” added Hussein.

Moving forward, he expects both provinces to prioritize midstream and upstream expansion.

“We want to make sure that Canada has the breadth and depth to get supply chain security, but also it’s an economic development imperative to develop the north, and there’s a lot of private and public sector support for this,” he noted.

Federal support for Canada’s mining industry

During the Prospectors & Developers Association of Canada (PDAC) convention, which coincided with the Benchmark Summit, Jonathan Wilkinson, Canada’s minister of energy and natural resources, made several announcements aimed at supporting the country’s exploration, mining and development sectors.

The first was an extension to the Mineral Exploration Tax Credit (METC) until March 31, 2027.

The 15 percent METC aims to support junior exploration, mining and mineral processing companies, providing an estimated C$110 million to drive exploration investment.

Wilkinson also announced a second round of funding under Canada’s Critical Minerals Infrastructure Fund. It will offer up to C$500 million for energy and transportation projects to boost the mining sector.

Last year’s round approved over 31 projects with C$300 million pending final review.

Hussein noted that these types of funding initiatives are imperative to encourage northern development.

Will US tariffs derail Canadian growth?

Despite focusing largely on Canada, the panel could not escape talks of US tariffs.

While acknowledging the uncertainty that the tariff threat presents, Hussein explained that the EV supply chain project pipeline in Québec and Ontario is robust and financially strong.

He pointed to Linamar’s (TSX:LNR,OTC Pink:LINAF) C$1 billion investment in six Ontario automotive technology sites, announced in January, as an example. The Ontario-based global auto parts manufacturer is also receiving support from the provincial (C$100 million) and federal (C$169.4 million) governments.

“So yes, there is reason for trepidation, but I think there’s a lot of compelling reasons to be optimistic,” said Hussein.

Battery metals investors must rejig expectations

Webb next asked where investors are currently finding value.

Arun Viswanathan, senior equity analyst for chemicals and packaging at RBC (TSX:RY,NYSE:RY), told the audience that investors are currently grappling with three issues.

“First off, they’re a little bit anchored to the recent peak as a potential possibility as to how high they think prices can go, and there isn’t really support for investors to get to that level,” he said.

In addition to unrealistic expectations about metals prices returning to peaks seen in late 2021 and early 2022, Viswanathan pointed to apprehension in EV sales growth in the EU and North America.

“Investors are also struggling with the idea that (in) North America and Europe, EV demand is very weak, and that demand has coincided with this downturn in pricing,” Viswanathan said.

“Even though 80 percent of the supply chain in lithium is in China, 99 percent of LFP capacity production is there, people actually do think that the North American and European markets do matter to drive pricing.”

A lack of transparency was the final factor impacting investor sentiment Viswanathan underscored.

“The third thing I would mention is opacity in the market,” he said. “And when you think about what is actually observable in China and elsewhere, I think investors struggle with data.”

He suggests that investors often “hone in” on inventory numbers, which do not always paint a complete picture.

Viswanathan went on to say that the lithium industry was once seen as a high-growth sector, but major producers are now scaling back their forecasts. For example, Albemarle (NYSE:ALB), has reduced its expected production growth from double digits to low single digits for 2025 and possibly 2026.

With a significant surplus in the market, there’s little immediate catalyst for change. Many investors remain focused on the short term, limiting interest in long-term opportunities despite potential value over the next decade.

“I think in general, investors are optimistic on the long-term story. But even though prices have come down significantly, I don’t know if we’re at value stages yet,” he said.

Does ESG matter for financing?

From there, the discussion shifted to the importance of ESG credentials in financing projects.

Weighing in on the topic, Shelley Gilberg, markets leader of managed accounts at PwC, noted that it “depends on whose money you are taking’ and said alternative forms of financing are emerging.

“You’re starting to see the emergence of much more purpose capital that understands what they’re investing in. They’re prepared to potentially take a slightly lower rate of return in exchange for the thematic investing that they’re doing.”

Gilberg highlighted the Canada Growth Fund’s recent equity stake in the Nouveau Monde Graphite (TSXV:NOU,NYSE:NGM) as part of the shift in financing strategies. Announced in December, the C$57 million investment aligns with the Canada Growth Fund’s goal of supporting national critical minerals development.

Gilberg went on to suggest that companies seeking financing have to pay attention to a multitude of factors, including boardroom dynamics, shareholder activism and industry partnerships.

In today’s geopolitical climate, some market expectations conflict — some US buyers reject ESG commitments, while European buyers demand them, leaving Canadian firms navigating a middle ground.

“I think the most difficult thing for every company right now — this isn’t unique to mining — is how do you line up customer sentiment around this stuff with investor sentiment?” she said. “And I can tell you, it’s difficult.”

Ultimately, Gilberg explained that these are strategic business decisions, not just ESG concerns.

Although the landscape is rough, companies that are able to mesh customer needs with investor concerns are likely to benefit from what Gilberg described as a “reset” of the sustainability and ESG lens.

‘I think the greatest risk and the greatest opportunity right now for mining companies comes from aligning the customers you’re going to serve with the investors whose money you’re using,” she said. “That has to be the magic.”

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

This post appeared first on investingnews.com

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Group Eleven Intersects 7.5m of 20.1% Zn+Pb and 51 g/t Ag, incl. 2.2m of 37.5% Zn+Pb and 72 g/t Ag at Ballywire in Step-Out Drilling; Upcoming Drilling at Cu-Ag Target and ‘D’ Gravity Anomaly

Investing 14 Mins Read

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) is pleased to announce assay results from four new holes (and additional assays from a previously announced hole) from the ongoing drill program at the Company’s 100%-owned Ballywire zinc-lead-silver discovery (‘Ballywire’), PG West Project (‘PG West’), Republic of Ireland.

Highlights:

  • G11-3552-29 intersected (from 189.3m):
    • 130.7m of 2.3% Zn+Pb (2.0% Zn and 0.3% Pb) and 13 g/t Ag, including
    • 7.5m of 20.1% Zn+Pb (19.1% Zn and 1.0% Pb) and 51 g/t Ag, including
    • 5.7m of 24.1% Zn+Pb (23.2% Zn and 1.0% Pb) and 60 g/t Ag, including
    • 2.2m of 37.5% Zn+Pb (36.9% Zn and 0.7% Pb) and 72 g/t Ag
    • Represents a 55m step-out down-dip from G11-3552-27
  • G11-3552-271 intersected (from 201.5m):
    • 70.5m of 3.4% Zn+Pb (2.2% Zn and 1.2% Pb) and 41 g/t Ag, including
    • 25.7m of 7.9% Zn+Pb (5.7% Zn and 2.2% Pb), 78 g/t Ag and 0.12% Cu and
    • 4.2m of 2.0% Zn+Pb (0.4% Zn and 1.6% Pb), 172 g/t Ag and 0.66% Cu, including
    • 0.9m of 3.6% Zn+Pb (0.9% Zn and 2.6% Pb), 511 g/t Ag and 2.01% Cu
    • Located 50m down-dip from G11-3552-25 (announced 06-Feb-2025)
  • G11-3552-29 expands the footprint of the recently announced 360m long, flat-lying zone of zinc-rich massive sulphide lenses by at least 50m down-dip, to a total of at least 125m down-dip
  • Drilling continues at Ballywire with two rigs testing further down-dip of the two holes released today, plus the NE extension; assay results are expected in due course
  • In several weeks, drilling will also begin testing (a) a Cu-Ag target below the Zn-Pb-Ag discovery horizon; and (b) a step-out target 1.3km to the ENE of the Ballywire discovery testing in the vicinity of the prospective ‘D’ gravity-high anomaly, at a locality with abundant calcite similar to the calcite typically observed immediately above high-grade mineralization along the discovery trend

‘We are very pleased to see the NE massive sulphide zone expanded by a ninth consecutive high-grade hole,’ stated Bart Jaworski, CEO. ‘Additional excellent Ag and Cu values also continue to point to a stratigraphically deeper Cu-Ag horizon, which we are aiming to start drill testing for the very first time over the next few weeks. We also look forward to stepping out 1.3km ENE towards a very prospective area near the ‘D’ gravity high anomaly. This locality hosts abundant calcite bodies, commonly seen above high-grade mineralization at Ballywire. A nearby historic hole is also mineralized. With the Cu-Ag target, continued drilling to the NE and larger step outs along our prospective 6km trend, 2025 promises to be an exciting year of exploration for Group Eleven.’

Exhibit 1. Cross-Section Showing New Drilling (G11-3552-27, -29 and -31) at Ballywire Discovery

To view an enhanced version of this graphic, please visit:
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Note: Partial assays from G11-3552-27 previously announced on 06-Feb-25, consisting of 24.8m of 8.1% Zn+Pb, 80 g/t Ag;

Exhibit 2. Plan Map Showing New Drilling and Interpreted Cu-Ag ‘Feeder’ Structure

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Note: Partial assays from G11-3552-27 previously announced on 06-Feb-25, consisting of 24.8m of 8.1% Zn+Pb, 80 g/t Ag;

New Step-Out Holes at Ballywire Discovery

The Ballywire prospect at the Company’s 100%-owned PG West Project in Republic of Ireland, is a relatively new zinc-lead-silver discovery (first announced Sept-2022). In addition to 44 holes drilled and reported by Group Eleven to date, the most recent four holes (G11-3552-24, -26, -28, and -29) and additional assays for previously announced hole, G11-3552-27, are reported today (see Exhibits 1 to 7).

High-grade mineralization from G11-3552-27 and -29 (see Page 1 and Exhibits 1 to 4) consists predominantly of massive and semi-massive sulphide (sphalerite, galena, pyrite, chalcopyrite and suspected tennantite-tetrahedrite), as well as, disseminated and vein hosted sulphide mineralization. Mineralization occurs along and/or close to the base of the Waulsortian Limestone (see Exhibit 1).

Exhibit 3. Summary of Assays from G11-3552-24, -26, -27, -28 and -29 at Ballywire

Item From
(m)		 To
(m)		 Int
(m)		 Zn
(%)		 Pb
(%)		 Zn+Pb
(%)		 Ag
(g/t)		 Cu
(%)
G11-3552-27 201.45 271.94 70.49 2.22 1.20 3.41 40.8 0.09
Incl. 212.07 237.81 25.74 5.69 2.21 7.90 77.8 0.12
Incl. 219.42 235.06 15.64 8.30 3.28 11.59 122.1 0.19
Incl. 218.47 222.21 3.74 12.18 3.05 15.23 75.3 –
And 228.51 235.06 6.55 11.06 5.65 16.71 240.0 0.42
Incl. 230.36 233.90 3.54 13.26 8.01 21.27 395.1 0.73
And 267.72 271.94 4.22 0.40 1.58 1.97 171.6 0.66
Incl. 268.64 269.49 0.85 0.93 2.62 3.55 511.0 2.01
G11-3552-29 189.33 320.05 130.72 1.99 0.26 2.25 13.0 –
Incl. 224.27 229.61 5.34 4.10 0.79 4.88 12.5 –
And 259.03 266.56 7.53 19.08 1.01 20.09 51.3 –
Incl. 259.03 264.74 5.71 23.16 0.95 24.11 60.0 –
Incl. 259.03 261.25 2.22 36.86 0.68 37.54 71.7 –
And 307.91 320.05 12.14 0.23 0.04 0.27 66.2 0.12
Incl. 315.26 320.05 4.79 0.38 0.05 0.42 149.4 0.27
Incl. 318.00 320.05 2.05 0.09 0.04 0.12 301.0 0.52
G11-3552-24 186.26 199.20 12.94 0.15 0.04 0.19 2.1 –
Incl. 193.76 197.31 3.55 0.30 0.10 0.40 4.8 –
And 235.85 236.76 0.91 0.01 0.01 0.01 36.1 0.35
G11-3552-26 215.80 216.36 0.56 0.83 0.79 1.62 71.5 –
Incl. 215.80 215.97 0.17 2.52 2.25 4.77 190.0 –
G11-3552-28 157.95 174.81 16.86 0.02 0.58 0.59 3.1 –
Incl. 166.42 169.28 2.86 0.05 1.26 1.31 9.0 –
And 172.99 174.81 1.82 0.07 2.12 2.19 6.8 –
And 179.67 181.49 1.82 0.03 0.17 0.20 64.1 0.16
And 218.66 220.50 1.84 0.00 0.00 0.01 2.7 0.26

 

Note: True width of the intervals above as a percentage of the intersected interval is 90% (G11-3552-27), 80-90% (G11-3552-29), 90-100% (G11-3552-24), 80-90% (G11-3552-26) and 90-100% (G11-3552-28)

Holes drilled as 300m step-outs to the NE (G11-3552-24, -26 and -28; see Exhibit 2) returned zones of mineralization narrower and weaker than those at the main discovery trend (see Exhibit 3). Disseminated copper mineralization, as well as, mineralized veins and fractures, however, are strengthening towards the north, suggesting massive sulphide mineralization may be present further north (see northern-most projected mineralized trend in Exhibit 4). A second mineralized trend is also emerging to the south where the interpreted Cu-Ag rich ‘feeder’ fault pierced by drilled along the main discovery trend (see solid purple line in Exhibits 2 and 4) appears to correlate with mineralization intersected in G11-3552-08 (see Exhibit 2). More drilling is ongoing in the NE area to test the above targets.

Key 2025 Exploration Targets at Ballywire Discovery

Copper-Silver Target

As drilling progresses at Ballywire, it is increasingly evident that there exists an interpreted Cu-Ag ‘feeder’ fault parallel to and spatially associated with the main Zn-Pb-Ag discovery at Ballywire (see Exhibit 2). This ‘feeder’ fault hosts mineralization with up to 5.90% Cu and 1,440 g/t Ag, interpreted to have been transported by mineralizing fluids from below by vertical to steeply-dipping structures (see Exhibit 5). Today’s results provide further evidence, with grades up to 2.01% Cu and 511 g/t Ag (see Exhibit 3). Meanwhile, the stratigraphy of the region suggests that approximately 100-200m below the discovery horizon (base of the Waulsortian Limestone), is the Lower Limestone Shale horizon, which hosts four well known Cu-Ag historic occurrences in the surrounding area (see Denison, Oola, Gortdrum and Tullacondra in Exhibit 8, located approx. 5km, 9km, 10km and 45km away from Ballywire, respectively).

These historic Cu-Ag occurrences can be interpreted as the eroded remnants of originally more vertically extensive mineralizing systems, likely representing the roots of stratigraphically higher Zn-Pb-Ag mineralization. At Ballywire, there is a chance the mineralizing system is much larger than at the neighbouring deposits (based on relatively large footprint to date), and if it is there, any Cu-Ag mineralization would notionally be intact below the existing Zn-Pb-Ag mineralization.

Given the compelling nature of the above exploration model, Group Eleven aims to begin drilling this deeper Cu-Ag target over the coming several weeks.

Exhibit 4. Plan Map Showing Interpreted Cu-Ag ‘Feeder’ and Calcite Body Targets at Ballywire

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https://images.newsfilecorp.com/files/5685/245941_1b4f826a447618ea_004full.jpg

Note: Calcite bodies occurring at the discovery trend are not shown here (shown in Exhibit 6 instead)

Exhibit 5. Cross-Section Showing Hypothesized Location of Cu-Ag Mineralization

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Calcite Body Vectors

As drilling progresses at Ballywire, it is increasingly evident that high-grade Zn-Pb-Ag mineralization at Ballywire is spatially associated with steeply dipping bodies of calcite (see Exhibit 6), interpreted to represent the ‘exhaust’ from the mineralization process below (i.e. dissolved limestone at the mineralized horizon is re-precipitated as calcite bodies immediately above). These calcite bodies may prove to be a strong exploration vector along the undrilled remainder of Ballywire’s prospective 6km trend.

Two shallow historic holes, located 1.3km ENE from the current boundary of the Ballywire discovery, intercepted such calcite bodies (see Exhibits 4 and 7), yet were never followed up. This locality is also near the prospective ‘D’ gravity high anomaly and historic hole, 99-3352-05 (see Exhibit 7), which intersected mineralization of a tenor typically seen peripheral to massive sulphide zones at the discovery trend. Group Eleven aim to test this locality in the coming weeks.

Separately, two historic holes approx. 300m and 600m to the WSW, respectively, from the current boundary of the Ballywire discovery, also intercepted abundant calcite zones (see Exhibits 4 and 7) and were never followed up. Group Eleven aims to test these locations in due course.

Looking forward, six (6) drill holes (G11-3552-30 to -35; see Exhibit 2) are in progress with results expected in due course. Exhibit 2 shows drilling to date across 1.25km of the overall 2.6km long trend (see Exhibit 4) of significantly mineralized drill intercepts. This in turn is hosted within a 6km long prospective trend defined by four gravity high anomalies, only one of which (anomaly ‘C’) is systematically drilled to date (see Exhibit 7).

Exhibit 6. Oblique 3D View of Calcite Bodies Spatially Associated with Mineralization at Ballywire

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Note: Bodies shown (calcite, Zn-Pb-Ag and Cu-Ag) are not constrained by any grade cut-off and are only meant for illustrative purposes

Exhibit 7. Regional Gravity at Ballywire Showing 6km Long Prospective Trend and Calcite Bodies

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Notes to Exhibit 8: (a) Pallas Green MRE is owned by Glencore (see Glencore’s Resources and Reserves Report dated December 31, 2023); (b) Stonepark MRE: see the ‘NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland’, by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in ‘Report on Prospecting Licence 464’ by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in ‘The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody’ by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in ‘Report on Mallow Property’ by David Wilbur, dated December 1973; and later summarized in ‘Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork’ by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. ‘Rathdowney Trend’ is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Exhibit 8. Regional Map of Ballywire Discovery and Surrounding Cu-Ag Historic Occurrences

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Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent ‘Qualified Person’ as defined under Canadian National Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.42m to 1.3m with the majority of samples in the 0.79m to 0.99m range. The half-core samples are bagged, labelled and sealed at Group Elevens core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70%

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials (‘CRMs’ or ‘Standards’) as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) and (FSE: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in the Republic of Ireland. Group Eleven announced the Ballywire discovery in September 2022. Key intercepts to date include:

  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)

Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead deposit2, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit3. The Company’s two largest shareholders are Glencore Canada Corp. (16.1% interest) and Michael Gentile (16.0%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company’s public disclosure filings may be accessed via www.sedarplus.com and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

1 Partial assays from G11-3552-27 previously announced on 06-Feb-25, consisting of 24.8m of 8.1% Zn+Pb, 80 g/t Ag and 0.12% Cu. A further 55m was subsequently assayed and announced today (20.8m above and 34.1m below the stated 24.8m long interval).
2 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018)
3 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2023)

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Bitcoin Well Enables Lightning Network On The Bitcoin Portal In The USA

Investing 4 Mins Read

(TheNewswire)

Edmonton, Alberta March 25, 2025 TheNewswire – Bitcoin Well Inc. (‘ Bitcoin Well ‘ or the ‘ Company ‘) ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence announces the addition of the Lightning Network in the USA as a method of immediate delivery after a bitcoin purchase. This means US customers in all 50 states can now buy bitcoin and have it sent to their personal bitcoin wallets on the Lightning Network, saving money on blockchain transaction costs and preventing wallet bloat.

This move will also reduce Bitcoin Well transaction expenses as it reduces the cost to send bitcoin to customer’s personal bitcoin wallets. Further, it enables customers to buy smaller amounts, more frequently, which is in line with our ethos to ‘Replace your bank with Bitcoin Well’

‘The Lightning Network makes it faster and easier for our customers to buy bitcoin more often while taking self-custody’ explained Adam O’Brien, founder and CEO of Bitcoin Well. ‘I expect this addition will earn us more transactions from customers, especially as we add the ability to sell over Lightning and Swap to and from the main chain in the coming weeks.’

Customers can buy bitcoin one-time or with a Recurring Buy with money directly from their bank. They can have their paychecks deposited to Bitcoin Well and converted to bitcoin, or they can use their Cash Balance to convert dollars to bitcoin. And now, their bitcoin can be instantly delivered to their Lightning wallet with no additional fees. This advancement in our products enables our customers to buy more frequently without the fear of on-chain fees or UTXO management.

About Bitcoin Well

Bitcoin Well is on a mission to enable independence. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. We like to think of it as future-proofing money. Our existing Bitcoin ATM and Online Bitcoin Portal business units drive cash flow to help fund this mission.

Join our investor community and follow us on Nostr , , and to keep up to date with our business.

Bitcoin Well contact information

To book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link: https://bitcoinwell.com/meet-adam

For additional investor & media information, please contact:

Adam O’Brien

Tel: 1 888 711 3866

ir@bitcoinwell.com

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 .

Forward-looking information

Certain statements contained in this news release may constitute forward-looking information, which is often, but not always, identified by the use of words such as ‘anticipate’, ‘plan’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘intend’, ‘should’, or the negative thereof and similar expressions. All statements herein other than statements of historical fact constitute forward-looking information including, but not limited to, statements in respect of Bitcoin Well’s business plans, strategy and outlook. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information including, but not limited to, the risk factors described in Bitcoin Well’s annual information form and management’s discussion and analysis for the year ended December 31, 2023. Forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents Bitcoin Well’s expectations as of the date hereof and is subject to change. Bitcoin Well disclaims any intention or obligation to revise any forward-looking information, except as required by applicable securities legislation.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Cizzle Brands Begins Distributing CWENCH Hydration to Metro Grocery Stores in Quebec

Investing 6 Mins Read

In January 2025, Cizzle Brands announced its initial placement in select Metro locations in Ontario. An expanded product range has now been added to more than half of all Metro stores in Quebec.

Cizzle Brands Corporation (Cboe Canada: CZZL) (OTCQB: CZZLF) (Frankfurt: 8YF) ( the ‘Company’ or ‘Cizzle Brands’) , is pleased to announce that METRO Inc., food and pharmacy leader in Québec and Ontario, has started carrying CWENCH Hydration in Metro stores in the province of Quebec, alongside Metro stores in Ontario that are already carrying CWENCH Hydration products.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325984171/en/

Following the success in Metro Inc. stores in Ontario, CWENCH Hydration is now available at Metro Inc. stores across the Province of Quebec.

Cizzle Brands continues to strategically scale the brand footprint of CWENCH Hydration across Canada, and this placement fortifies the Company’s growth in the Quebec market. Recent developments in Quebec include commercial site distribution of CWENCH Hydration through Montreal-based Van Houtte Coffee Services (who services over 3,000 locations in the Montreal area alone) and full distribution across MacEwen-owned gas stations in both Ontario and Quebec.

In a press release dated January 9, 2025 , Cizzle Brands announced that 47 Metro supermarkets in Ontario were to begin carrying Hydration Mix packets of CWENCH Hydration in their pharmacy sections.

Based on early-stage performance of CWENCH Hydration in Metro’s Ontario stores, Cizzle Brands has worked with METRO Inc. to make the following additional placements of the product in the grocer’s Quebec locations:

  • CWENCH Hydration Ready-to-Drink (‘RTD’) Rainbow Swirl , Blue Raspberry , Cherry Lime , and Berry Crush flavours are now sold in approximately 130 Metro supermarkets in Quebec; and
  • Hydration Mix in the 10-Count packet format for CWENCH Hydration flavours Rainbow Swirl and Blue Raspberry are now sold in approximately 100 Metro supermarkets in Quebec.

As of December 21, 2024, METRO Inc. operates a network of some 995 food stores under several banners including Metro, Metro Plus, Super C, Food Basics, Adonis and Première Moisson , and 640 pharmacies primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners. More information about METRO can be found on its website: https://corpo.metro.ca/en/home.html

Cizzle Brands’ Founder, Chairman, and Chief Executive Officer John Celenza commented, ‘We are pleased that CWENCH Hydration has performed well in Metro supermarkets in Ontario, leading to an expansion into their locations in the Quebec market. Grocery is proving to be an important category for us, particularly because there are many more opportunities to drive awareness of new products ( e.g. , through floor displays, weekly flyers, etc.) which we can leverage to encourage first-time purchase conversions. Working with the METRO Inc. team has been a great pleasure for us, and we look forward to continuing this relationship as we seek to further establish CWENCH Hydration as a leading name in sports beverages.’

About Cizzle Brands Corporation

Cizzle Brands Corporation is a sports nutrition company that is elevating the game in health and wellness. Through extensive collaboration and testing with leading athletes and trainers across several elite sports, Cizzle Brands has launched two leading product lines in the sports nutrition category: (i) CWENCH Hydration, a better-for-you sports drink that is now carried in over 1,200 stores in Canada, the United States, and Europe; and (ii) Spoken Nutrition, a premium brand of athlete-grade nutraceuticals that carry the prestigious NSF Certified for Sport® qualification. All Cizzle Brands products are designed to help people achieve their best in both competitive sports and in living a healthy, vibrant, active lifestyle.

For more information about Cizzle Brands, please visit: https://www.cizzlebrands.com/

For more information about CWENCH Hydration, please visit: https://www.cwenchhydration.com

Notice Regarding Images and Links: This press release may contain images and/or links to outside web pages, which could play an important role in providing the full context of the news update being conveyed through this press release. Some news aggregation services may remove these images and/or links at their discretion. Therefore, readers are encouraged to access SEDAR+ or the News section of the Cizzle Brands Corporation website to view this press release containing all images and/or links as originally published.

On behalf of the Board of Directors of the Company,

Cizzle Brands Corporation

‘John Celenza’

John Celenza, Founder, Chairman, and Chief Executive Officer

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains ‘forward-looking information’ which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, such as, but not limited to: new products of the Company and potential sales and distribution opportunities. Such forward-looking information is often, but not always, identified by the use of words and phrases such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or variations (including negative variations) of such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company.

Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 information 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 information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors change.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250325984171/en/

Setti Coscarella
Head of Corporate Development
investors@cizzlebrands.com
1-844-588-2088

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SAGA Metals Extends Claims at the Radar Project by 26% to Cover 20km Inferred Oxide Zone

Investing 8 Mins Read

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery, announces the addition of 180 claims spanning 4,500-hectares, increasing the total size of the Radar Titanium-Vanadium (Ti-V) project from 17,250-hecatres to 21,750-hectares. This addition now encompasses the 20km inferred oxide zone starting from the 2025 Hawkeye drill program area heading west towards the new claim boundary.

Michael Garagan, CGO & Director of SAGA comments: ‘Important information garnered from the combined field & drill programs suggests the oxide layer zone at Hawkeye may be contiguous to Trapper and possibly as far as SAGA’s claim extension. These additional claims were strategic in an effort to ensure we’ve secured the full extent of mineralization. The team will look to apply magnetic geophysical continuity over the entire ‘inferred layering zone of the Dykes River’ intrusion. The recently completed drill program over the prospective Hawkeye zone is our proof of concept to a much larger system.’

Figure 1: Map of the Radar Ti-V project including recent claim staking and highlights the geophysical anomalies as well as the oxide layer trend

The Radar Ti-V Property is located 10km south of Cartwright in Labrador, Canada. The project now spans 21,750 hectares and benefits from road access and close proximity to a deep-water port supporting efficient exploration and development.

Figure 2: Regional geology of the southeastern Grenville Province and the Radar property

Radar Ti-V Project: Inferred Oxide Zone

SAGA’s in-house geological team had been tracking and defining the oxide layers on the surface based off historical analytical geophysics and two summers of exploration. The team was confident that a limb of the oxide zone extended from the Trapper zone to an unnamed anomaly in the northwest. With the completion of the successful maiden drill program, that showcased drill hole intercepts of the magnetite–oxide layering zone and its potential extent, the team identified the evidence it needed to track the trend into the northwestern section of the property and therefore claimed the final geophysical target in the area.

The inferred layering appears to be continuous from the Hawkeye zone, Trapper zone and the new extension of the property. Whether this is a lopolith feature as defined in the below intrusive model or a fold is yet to be confirmed. Nevertheless, this extensive magnetic anomaly infers the oxide layering trend extends ~20km along strike highlighting the significance of this extension. SAGA has made comparisons with other ‘textbook’ and modeled undeformed layered mafic intrusions such as the Kiglapait intrusion in Northern Labrador.

Figure 3: Model of the Kiglapait layered mafic intrusion. Model highlights the stratigraphy of an oxide-rich layering sequence.

A. KERR, J.A. WALSH, G.W. SPARKES AND J.G. HINCHEY. 2013

Q1 2025 Maiden Drill Program:

SAGA’s 2025 maiden drill program aimed to test the core of the magnetic anomaly identified through geophysics at the Hawkeye Zone. Initially planned for 1,500 meters, the program was confidently expanded to 2,200 meters after early drilling revealed strong intercepts through the primary layering sequences.

This program confirmed a large mineralized layered mafic intrusion with early indications suggesting it is moderately undeformed and contains its original primary magmatic textures from over 1 billion years ago. The Dykes River intrusion (Gower 2017), which hosts the entirety of the Radar Ti-V project, has been historically mapped over an area of 160km 2 , which is similar, but larger in size to Greenland’s Skargaard intrusion. This size underscores the immense untapped potential of the region for hosting critical metals, including vanadium and titanium, essential to the global green energy transition.

Key findings from drilling include:

  • 130–200 meters of intermittent magnetite layering across strike
  • Consistent correlation between geophysical anomalies and mineralized zones
  • Layered Fe-Ti-V mineralization   open at depth


Figure 4: Geophysical map of the Hawkeye zone showing drilled oxide layers and inferred oxide layering open in both directions along strike

SAGA’s exploration team is currently finishing the logging and cutting process with the first shipment of core already sent to the Activation laboratory in Ancaster, Ontario. Due to the quantity of samples, the core will be shipped in three phases. SAGA’s team has prioritized a sequence of drill holes with holes R25-HEZ-01 and R25-HEZ-04 being sent for assaying first. The Company anticipates its initial drill results within the next 4-6 weeks.

R25-HEZ-01 and R25-HEZ-04 were prioritized due to their location on the drill fence which placed them in a position to fully intercept the main oxide layering sequence as seen in the above map. Both of these holes logged magnetite layering sequences between 130-200m across strike.

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of critical minerals that support the global transition to green energy. The company’s flagship asset, the Double Mer Uranium Project, is located in Labrador, Canada, covering 25,600 hectares. This project features uranium radiometrics that highlight an 18-kilometer east-west trend, with a confirmed 14-kilometer section producing samples as high as 4,281ppm U 3 O 8 and spectrometer readings of 22,000cps.

In addition to its uranium focus, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium.

SAGA also holds secondary exploration assets in Labrador, where the company is focused on the discovery of titanium, vanadium, and iron ore. With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

For more information, contact:
Saga Metals Corp.
Investor Relations
Tel: +1 (778) 930-1321
Email: info@sagametals.com
www.sagametals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Qualified Person

Peter Webster P.Geo. CEO of Mercator Geological Services Limited is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information related to the Radar Ti-V Project disclosed in this news release.

Cautionary Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s plans and objectives in respect of drill program. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company’s final prospectus in Manitoba and amended and restated final prospectus for British Columbia, Alberta and Ontario dated August 30, 2024, filed under its SEDAR+ profile at www.sedarplus.ca, and in the continuous disclosure filings made by the Company with securities regulations from time to time. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Photos accompanying this announcement are available at:
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