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Democratic lawmakers are sounding off on the Israel-Iran conflict, criticizing Israel’s initial airstrikes Thursday night in the capital of Tehran.

Israel launched ‘Operation Rising Lion,’ targeting Iran’s nuclear and missile infrastructure, and Iran responded with strikes in Tel Aviv, injuring at least five people.

Sen. Bernie Sanders (I-Vt.) released a statement Friday calling Israeli Prime Minister Benjamin Netanyahu an ‘extremist.’

‘The world is more dangerous and unstable as a result of the extremist Netanyahu’s government ongoing defiance of international law,’ Sanders wrote. ‘First, he uses the starvation of children in Gaza as a tool of war, a barbaric violation of the Geneva Conventions. Now, his illegal unilateral attack on Iran risks a full-blown regional war.’

Sanders added the strikes ‘directly contravened’ U.S. interests in resolving long-standing tensions over Iran’s nuclear program. 

‘Talks were planned for Sunday, but Netanyahu chose instead to launch an attack,’ Sanders wrote. ‘The U.S. must make it clear that we will not be dragged into another Netanyahu war. Along with the international community we should do everything possible to prevent an escalation of this conflict and bring the warring parties to the negotiating table.’

Senate Foreign Relations member Christopher S. Murphy, D-Conn., chimed in on social media Friday morning.

‘Netanyahu wasn’t trying to help diplomacy; he was trying to destroy diplomacy,’ Murphy wrote. ‘How do we know? They reportedly targeted and killed Iran’s chief negotiator with Trump.’

Tim Kaine, D-Va., who also serves on the Senate Foreign Relations Committee, added he could not understand why Israel would launch a preemptive strike when a meeting was scheduled between the U.S. and Iran this weekend.

Sen. Jack Reed, D-R.I., the ranking member of the Senate Armed Services Committee, said military aggression is ‘never the answer.’

‘Israel’s alarming decision to launch airstrikes on Iran is a reckless escalation that risks igniting regional violence,’ Reed wrote. ‘These strikes threaten not only the lives of innocent civilians but the stability of the entire Middle East and the safety of American citizens and forces. While tensions between Israel and Iran are real and complex, military aggression of this scale is never the answer.’

By Friday afternoon, some Democrats seemingly changed their tune in response to the counter-attack.

Rep. Brad Sherman, D-Calif., slammed Iran’s response, calling it ‘cowardice.’

‘#Israel’s strike on #Iran was targeted precisely at senior Iranian military commanders and military sites that posed an existential threat to Israel,’ Sherman wrote. ‘The Islamic Republic’s response? To target civilian centers in #TelAviv. Unsurprising cowardice from a regime that has spent decades brutalizing its own people.’

Others evaded the conversation all together.

‘This is a rapidly evolving situation, and it’s critical that the United States works with our allies and avoid steps that will cause further escalation across the region,’ Sen. Mark Warner, D-Va., wrote in a statement. ‘For years, Iran has threatened the safety of Israel and the region, and Israel has an undeniable right to defend itself and its citizens.’

This post appeared first on FOX NEWS

Sen. Lindsey Graham, R-S.C., called for the president to go ‘all-in’ for Israel should a diplomatic end to the conflict with Iran not be met.

Earlier in the day, President Donald Trump called on Iranian leaders to return to the negotiating table to strike a nuclear deal to avoid ‘even more brutal’ attacks.

Graham lauded Trump’s desire to bring Iran back to the table but countered that ‘if Iran refuses this offer, I strongly believe it is in America’s national security interest to go all-in to help Israel finish the job.’

‘One of the benefits of this approach is that it would substantially undo the damage done to our reputation by Biden’s disastrous withdrawal from Afghanistan,’ Graham said on X. 

‘If diplomacy fails, going all-in for Israel shows that America is back as a reliable ally and a strong force against oppression. It would strengthen our hand in all corners of the world, as well as all other conflicts we face.’

His zeal to support the Jewish State came before Fox News reported that two U.S. Navy Destroyers, the USS Sullivans and USS Arleigh Burke, were assisting Israel to shoot down incoming missile volleys from Iran.

However, other pro-Israel lawmakers were not ready to see American troops deployed in the region and believed Trump would be the key to preventing any action from the U.S.

‘I can’t imagine a world in which that happens,’ Sen. Josh Hawley, R-Mo., told Fox News Digital. ‘I’d be opposed to that. The president is adamantly opposed to that. I trust President Trump here to keep our troops and other personnel safe in the region.’

Hawley said Trump ‘has offered Iran an off-ramp here for a long time’ through the nuclear agreement negotiation and noted the president again offered an out.

‘You know, they ought to take that off-ramp,’ he said.  

Senate Foreign Relations Committee Chair Jim Risch, R-Idaho, told Fox News Digital in a statement that ‘no one hates to see U.S. troops put at risk more than our president.’

‘President Trump has worked tirelessly to end wars and stop killing. And, in this case, I know he will continue to do all he can to keep U.S. troops out of harm’s way as the war between Israel and Iran unfolds,’ he said.

Israel’s strike on Iran was intended to take out the country’s nuclear enrichment program and carry out targeted attacks on a number of top Iranian officials.

Sen. Tim Sheehy, R-Mont., said the strike was ‘warranted’ given Iran’s years of aggression against Israel, but he agreed with the president that negotiations needed to resume.

‘A regime that chants ‘Death to America’ and ‘Death to Israel’ can never be allowed to have a nuclear weapon,’ he said in a statement to Fox News Digital. ‘Israel has every right to defend itself, and America stands with Israel.’

But others, like Sen. Mark Kelly, D-Ariz., accused Trump of killing the Iran nuclear agreement and contended that the end of negotiations ‘accelerated Iran’s development towards a bomb.’

Still, he hoped a deal could be made to prevent further ‘escalation in the region that could endanger American citizens, troops and our interests.’

‘As we support Israel in protecting their people from Iran’s response, everyone needs to be focused on de-escalation,’ Kelly said in a statement.

Fox News Digital reached out to the White House for comment.

This post appeared first on FOX NEWS

: More Americans support rather than oppose Israeli airstrikes on Iran’s nuclear facilities, according to a new national poll conducted before Israel’s Friday attack on Iran.

But the survey, released by the Ronald Reagan Institute, indicates that most Democrats and Republicans don’t see eye-to-eye on the issue.

According to the poll, which was first shared with Fox News on Friday, 45% of those questioned said they would support Israel conducting targeted airstrikes against Iran’s nuclear facilities if diplomatic efforts between the U.S. and Iran fail.

Thirty-seven percent said they opposed Israeli airstrikes, with 18% unsure.

But the poll indicates a partisan divide.

Six in 10 Republicans said they support the airstrikes, but that backing dropped to 35% among independents and 32% among Democrats.

Twenty-seven percent of Republicans opposed the Israeli airstrikes, with a third of independents and just over half of Democrats opposed.

The poll of adult Americans was conducted, May 22-June 2, before Israel’s unprecedented attack on Iran, named ‘Operation Rising Lion,’ which included strikes on both the Islamic State’s nuclear program and military leaders.

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A federal judge in Maryland on Friday ruled that President Donald Trump lacked the authority to fire three Democratic members of the Consumer Product Safety Commission (CPSC) and ordered their reinstatement — teeing up another high-stakes court clash centered on Trump’s ability as commander-in-chief to remove or otherwise control the members of independent agencies.

U.S. District Judge Matthew Maddox, a Biden appointee, sided with the three ousted members of the board — Mary Boyle, Alexander Hoehn-Saric and Richard Trumka Jr. — in ruling that their firings were unlawful and ordered all three members to be reinstated to their posts.

In his ruling, Maddox said that the tenured design and protection of the five-member, staggered-term CPSC board does ‘not interfere with’ Trump’s executive branch powers under Article II of the U.S. Constitution.

The decision is a near-term blow for Trump, and comes just weeks after the Supreme Court last month agreed to uphold, for now, Trump’s removal of two Democratic appointees from the National Labor Relations Board (NLRB) and the Merit Systems Protections Board (MSPB). 

Both board members had challenged their terminations as ‘unlawful’ in separate lawsuits filed in D.C. federal court. The Supreme Court voted 6-3 in May to temporarily allow the firing of both board members, siding with lawyers for the Trump administration, who had urged the justices to keep both members on the job while the case continued to move through the lower courts.

In his ruling, Maddox sought to distinguish those cases from the terminations of members of the CPSC board and said that the Trump administration, in this case, had failed to identify neglect or malfeasance by any other Senate-confirmed commissioners on the CPSC, which is required by law to justify their removals. 

‘For the reasons set forth below, the Court finds no constitutional defect in the statutory restriction on Plaintiffs’ removal and that Plaintiffs’ purported removal from office was unlawful,’ he said in the order.

‘The Court shall enter an Order granting Plaintiffs’ motion, denying Defendants’ motion, and providing declaratory and injunctive relief permitting Plaintiffs to resume their duties as CPSC Commissioners.’

The decision clears the way for the members to return to their roles on the board, pending an appeal to higher courts by the Trump administration. 

The case is the latest in a string of challenges centered on Trump’s ability to remove members of independent boards. Like the NLRB and MSPB rulings, it centers on the 90-year-old Supreme Court decision known as Humphrey’s Executor, in which the court unanimously ruled that presidents cannot fire independent board members without cause.

Maddox invoked the uncertainty created by the preliminary posture of the NLRB and MSPB cases, which saw both plaintiffs removed and reinstated to their positions multiple times — which he said was the basis for ordering more permanent injunctive relief.

‘Disruption might have resulted in the instant case if Plaintiffs had been reinstated while this case was in its preliminary posture, only to have the Court later deny relief in its final judgment and subject Plaintiffs to removal again,’ said Maddox. ‘The risk of such disruption is no longer a factor now that the Court is granting permanent injunctive relief as a final judgment.’ 

This post appeared first on FOX NEWS

National security and China experts are warning that Israel’s attack on Iran is an example of why Beijing’s efforts to purchase land and other assets within the United States need to be stopped immediately. 

After the initial attacks began on Friday, news reports began surfacing indicating that Israel had secretly built a drone base on Iranian soil that it used to launch its attacks. The operation was years in the making, one Israeli security official told the Jewish Chronicle, adding that weapons systems and soldiers had been smuggled into the country ahead of time. 

‘Look at the ways Israel penetrated Iran for sabotage operations. Now look at the Chinese companies and assets permeating the US power grid (solar converters), local law enforcement (DJI drones), and social media (TikTok),’ China policy expert Michael Sobolik wrote in a post on X. ‘The CCP is preparing to paralyze us in a crisis.’

Gabriel Noronha, president of Polaris National Security, also drew parallels between the China land grab in the United States and the recent Ukrainian drone strike that decimated a significant portion of Russia’s air fleet. The attack reportedly involved drones smuggled into Russia and released near airfields. 

‘After Ukraine’s drone operation in Russia and Israel’s operation in Iran, it is obvious that America’s enemies will try to replicate that playbook on our soil,’ Noronha said. ‘It is increasingly dangerous to allow Chinese companies and individuals to own land – especially near our military bases and critical infrastructure. Left unchecked, we are opening our land to host clandestine Chinese military bases to launch all sorts of attacks and cripple our nation in wartime.’

Officials in the United States have been sounding the alarm for years now about China’s efforts to purchase land near military bases, and other strategic assets that could help them sabotage the country. 

Just recently, the Arizona legislature passed a bill meant to block Chinese entities from obtaining more than a 30% stake in Arizona real estate, but it was vetoed by Democratic Governor Katie Hobbs. According to the bill’s sponsor, China had recently been trying to lease property near a major Air Force base in the state.

Michael Lucci, the CEO and founder of State Armor Action, a conservative group with a mission to develop and enact state-level solutions to global security threats, warned Friday that if the United States does not get serious about interrupting China’s asset grab, it risks losing a war with them. He said land grabs are just the ‘tip of the iceberg.’

‘CCP land ownership is bad but it’s tip of the iceberg,’ Lucci said. ‘Their industrial property holdings are worse, as is their port access. Perhaps worst of all is their deep penetration of critical infrastructure and govt systems.’

‘I now understand the potential problem of the Chinese government owning land in America,’ added writer and podcast host Jamie Weinstein.

This post appeared first on FOX NEWS

This week, Julius shows how the Technology sector is edging toward leadership, alongside Industrials and soon-to-follow Communication Services. He highlights breakout lines for SPY, XLK, and XLC, noting that conviction climbs when daily and weekly RRG tails align to point northeast together. Bitcoin is sprinting into the leading quadrant next to a reinvigorated SPY, while bonds, commodities, and a weakening U.S. Dollar drift into lagging territory, underscoring an equity-friendly backdrop.

This video was originally published on June 12, 2025. Click on the icon above to view on our dedicated page for Julius.

Past videos from Julius can be found here.

#StayAlert, -Julius

While the S&P 500 ($SPX) logged a negative reversal on Wednesday, the Cboe Volatility Index ($VIX), Wall Street’s fear gauge, logged a positive reversal. This is pretty typical: when the S&P 500 falls, the VIX rises.

Here’s what makes it interesting: the VIX has quietly crept up in three of the last four days. Before the midday pivot, the VIX hit its lowest level since February 21, 2025. And while that wasn’t the low in February, it was close. As the chart below depicts, back then, the VIX’s intraday low occurred on February 14, 2025, a few days before the SPX topped on February 19.

It wasn’t a screaming sell signal for equities. The S&P 500 was set to follow through on the big cup-with-handle pattern breakout, even though two straight bullish patterns failed in December and January.

Ultimately, the combination of the S&P 500 failing to get much higher than 6,100 and the VIX bouncing near support set the stage for the market rolling over. It was, of course, news-induced, but the market’s character had been changing since December, when breadth first took a major hit.

So, with the VIX closer to that same support zone now than it has been at any time the last few months and the S&P 500 back above 6,000, the pendulum has swung back near the extreme levels where the fireworks began. But there are two major differences now vs. then.

Bullish Patterns Are Working

Bullish patterns weren’t holding up well in December, January, and February (and then again in March). But they are working now.

Let’s not take this for granted. The S&P 500 starts the day with three live bullish patterns, and the index already hit one upside objective (5,840).

Most importantly, the index has extended above the breakout zones of the two biggest ones by 5.4% and 9%, respectively (see charts below). This means it could endure a not-so-small drawdown, and the patterns (and their upside targets) would remain in place. The index had no such cushion in February.

Still No 1% Declines

Since April 21, the S&P 500 has logged just one 1% decline, which now spans 35 trading days. It had 20 over the prior 71 days since January 6, 2025. That’s a rate of 2.8% vs. 28%. We had literally 10 times more 1% declines from January to April 21.

We didn’t see too many 1% losses in the first few weeks of 2025 either (see chart below). But with the index continuously failing at resistance, it just couldn’t leverage the low-volatility environment like it did from late 2023 through late 2024. As described above, in the last two months, the S&P 500 has been capitalizing on breakouts on low two-way volatility.

So, could all of this completely flip again with a massively surprising “unknown unknown” headline? There’s always that risk. And we know about the big collection of sell signals out there (MACD and Demark).

All of this suggests a respite is due. Bulls and bears seem to agree about that. What they don’t agree upon is the severity of that next pullback. There’s no use in trying to predict how far or how damaging it will be, however. As long as the bullish patterns remain intact, the nascent uptrend has a chance to continue in the months to come.

Zooming In: ARKK’s Strong Run

Let’s take a closer look at one of the more popular growth-focused ETFs: ARK Innovation ETF (ARKK). Despite finishing off its highs, ARKK logged its fourth straight gain yesterday and is now up eight of the last nine trading sessions. Over that time, it has fully leveraged the bull flag we mentioned two weeks ago. The target from that pattern is near $67.

ARKK also logged its third straight trading box breakout in the last few days. So, from a short-term pattern perspective, things have continued to work for the stock.

Indicator-wise, ARKK is now officially overbought for the first time since last December. Over the last year, here’s how the ETF has fared after first reaching overbought territory.

Last July, ARKK hit its summer top just a few days after becoming overbought. In November and December (while ARKK’s upswing continued through mid-February), the ETF pulled back to levels below where the relative strength index (RSI) first hit 70 over the ensuing days/weeks both times.

In other words, this is not the best trading setup for new short-term longs. We expect the risk-reward to improve after the next pullback.

ARKK is also approaching the upper threshold of its big two-year trading channel, which could slow things down soon.

The Bottom Line

The S&P 500 is rising slowly and steadily, volatility is still relatively low, and growth plays like ARKK are looking strong, although they may be due for a pullback in the near term. Keep an eye on the chart patterns that are forming and look for investment opportunities on pullbacks.


Empire Metals Limited (‘Empire’ or ‘the Company’) (LON:EEE)(OTCQB:EPMLF), the AIM-quoted resource exploration and development company, announces that it has received notification from SP Angel Corporate Finance LLP, Nominated Adviser and Broker to the Company, of the exercise of a warrant over 70,000 new ordinary shares of no par value in the share capital of the Company (the ‘New Ordinary Shares’) at a price of £0.06 per share. Accordingly, the Company has today issued the New Ordinary Shares to the warrant holder for an aggregate cash value of £4,200. The Company has also received notification from Shard Capital Stockbrokers, Broker to the Company, of the exercise of a warrant over 689,988 new ordinary shares of no-par value in the share capital of the Company (the ‘New Ordinary Shares’) at a price of £0.105 per share. Accordingly, the Company has today issued the New Ordinary Shares to the warrant holder for an aggregate cash value of £72,448.74.

Application for Admission

Application will be made to the London Stock Exchange for the new shares to be admitted to trading on AIM (‘Admission’). It is expected that Admission will become effective on or around 18 June 2025.

Following Admission of the new shares as described above, the issued share capital of the Company will consist of 690,393,221 ordinary shares of no-par value. 690,393,221 represents the total number of voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority’s Disclosure and Transparency Rules.

**ENDS**

For further information please visit www.empiremetals.co.uk or contact:

About Empire Metals Limited

Empire Metals is an AIM-listed exploration and resource development company (LON: EEE) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.

The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO₂ mineralisation, each being over 7km in strike length.

An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.

The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.

Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.

The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.

*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Source

Click here to connect with Empire Metals Limited (LON:EEE)(OTCQB:EPMLF) to receive an Investor Presentation

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CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (‘CoTec’) and Mkango Resources Ltd. (AIM:MKA)(TSXV:MKA) (‘Mkango’) are pleased to announce HyProMag USA, LLC, a Delaware corporation (‘HyProMag USA’ or the ‘Project’) has received a Make More in America (MMIA) domestic finance letter of interest (‘LOI’) from the U.S. Export-Import (‘EXIM’) Bank for its first integrated rare earth recycling and magnet making facility in Dallas-Fort Worth, Texas.

In terms of the letter, EXIM may be able to consider potential financing of up to $92 million of the project’s costs with a repayment tenor of 10 years.

Julian Treger, CoTec CEO commented:We are very pleased with EXIM’s interest in the Project. The Project is strongly aligned with EXIM’s ‘Make More in America’ initiative, which provides beneficial financing terms for U.S. companies facing oversees competition to ensure the United States reshores certain critical export areas, including the domestic manufacturing of permanent NdFeB magnets. We believe that the Project could be a major contributor to the United States’ targeted permanent magnet independence and the speed at which HyProMag USA’s capabilities could be deployed distinguishes the Project from potential competitors.

Will Dawes, Mkango CEO commented: ‘The HyProMag USA development will be transformational for rare earth supply chains in the United States, and we are very pleased to see this reflected in the interest from EXIM. With the detailed engineering phase for the project well underway, HyProMag USA is well positioned to create a major new domestic hub for recycling and magnet manufacturing, and a platform for further growth in North America.’

The issuance of this LOI is aligned with Executive Order 2421 of March 20, 2025 ‘Immediate Measures to Increase American Mineral Production’ which includes near-term actions to be determined and implemented by the agencies to fast-track permits, mobilize capital for mineral producers, and create offtake agreements for strategic stockpiling for minerals critical to the United States’ defense, technology, and energy.

HyProMag is commercializing Hydrogen Processing of Magnet Scrap (HPMS) recycling technology in the UK, Germany and the United States. HPMS technology was developed at the Magnetic Materials Group (MMG) at the University of Birmingham, underpinned by approximately US$100 million of research and development funding, and has major competitive advantages versus other rare earth magnet recycling technologies, which are largely focused on chemical processes but do not solve the challenges of liberating magnets from end-of-life scrap streams.

In November 2024, HyProMag announced an independent Feasibility Study which includes a Dallas Fort Worth recycling and magnet Hub, and two pre-processing facilities located in South Carolina and Nevada respectively[i]. In March 2025, HyProMag USA announced the expansion of the detailed engineering phase to include three HPMS vessels[ii] and that it was initiating concept studies for further expansion and complementary ‘Long Loop’ recycling[iii]. The DFW Hub’s annual production is expected to be 750 metric tons per annum of recycled sintered NdFeB magnets and 807 metric tons per annum of associated NdFeB co-products (total payable capacity – 1,557 metric tons NdFeB within five years of commissioning) over a 40-year operating life. It is expected the production facility will provide significant optionality to supply the U.S. market with additional NdFeB alloy powder while assisting in revitalising the U.S. magnet sector with the creation of 90-100 skilled magnet manufacturing jobs.

In March 2025, HyProMag USA announced the results of an independent ISO-Compliant product carbon footprint study which confirmed an exceptionally low CO2 footprint of 2.35 kg CO2 eq. per kg of NdFeB cut sintered block product.[iv]

Ownership

HyProMag USA is owned 50:50 by CoTec and HyProMag Limited (‘HyProMag’). HyProMag is 100 per cent owned by Maginito Limited (‘Maginito’), which is owned on a 79.4/20.6 per cent basis by Mkango and CoTec.

About CoTec Holdings Corp.

CoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange (‘TSX-V’) and the OTCQB and trades under the symbols CTH and CTHCF respectively. CoTec Holdings Corp. is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec’s strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector.

For more information, please visit www.cotec.ca.

About Mkango Resources Ltd.

Mkango is listed on the AIM and the TSX-V. Mkango’s corporate strategy is to become a market leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito Limited, which is owned 79.4 per cent by Mkango and 20.6 per cent by CoTec, and to develop new sustainable sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy technologies.

Maginito holds a 100 per cent interest in HyProMag and a 90 per cent direct and indirect interest (assuming conversion of Maginito’s convertible loan) in HyProMag GmbH, focused on short loop rare earth magnet recycling in the UK and Germany, respectively, and a 100 per cent interest in Mkango Rare Earths UK Ltd (‘Mkango UK’), focused on long loop rare earth magnet recycling in the UK via a chemical route.

Maginito and CoTec are rolling out HPMS recycling technology into the United States via the 50/50 owned HyProMag USA joint venture company.

Mkango also owns the advanced stage Songwe Hill rare earths project in Malawi (‘Songwe’) and the Pulawy rare earths separation project in Poland (‘Pulawy’). Both the Songwe and Pulawy projects have been selected as Strategic Projects under the European Union Critical Raw Materials Act. Mkango has signed a letter of Intent with Crown PropTech Acquisitions to list the Songwe and Pulawy projects on NASDAQ via a SPAC Merger.

For more information, please visit www.mkango.ca

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (‘MAR’), which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements (within the meaning of that term under applicable securities laws) with respect to Mkango and CoTec. Generally, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘is expected to’, ‘scheduled’, ‘estimates’ ‘intends’, ‘anticipates’, ‘believes’, or variations of such words and phrases, or statements that certain actions, events or results ‘can’, ‘may’, ‘could’, ‘would’, ‘should’, ‘might’ or ‘will’, occur or be achieved, or the negative connotations thereof. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. Such factors and risks include, without limiting the foregoing, the availability of the potential financing from EXIM, the expected annual production from HyProMag USA, the availability of (or delays in obtaining) financing to develop Songwe Hill, the Recycling Plants being developed by Maginito in the UK, Germany and the United States (the ‘Maginito Recycling Plants’), governmental action and other market effects on global demand and pricing for the metals and associated downstream products for which Mkango is exploring, researching and developing, geological, technical and regulatory matters relating to the development of Songwe Hill, the ability to scale the HPMS and chemical recycling technologies to commercial scale, competitors having greater financial capability and effective competing technologies in the recycling and separation business of Maginito and Mkango, availability of scrap supplies for Maginito’s recycling activities, government regulation (including the impact of environmental and other regulations) on and the economics in relation to recycling and the development of the Maginito Recycling Plants, and the Pulawy separation plant and future investments in the United States pursuant to the proposed cooperation agreement between Maginito and CoTec, the outcome and timing of the completion of the Feasibility Studies, cost overruns, complexities in building and operating the plants, and the positive results of Feasibility Studies on the various proposed aspects of Mkango’s, Maginito’s and CoTec’s activities. The forward-looking statements contained in this press release are made as of the date of this news release. Except as required by law, the Company and CoTec disclaim any intention and assume no obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. Additionally, the Company and CoTec undertake no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

For further information on CoTec, please contact:
CoTec Holdings Corp.
Braam Jonker
Chief Financial Officer
braam.jonker@cotec.ca
+1 604 992-5600

For further information on Mkango, please contact:
Mkango Resources Limited
William Dawes
Chief Executive Officer
will@mkango.ca
+1 403 444 5979

Alexander Lemon
President
alex@mkango.ca

www.mkango.ca
@MkangoResources

SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Jeff Keating, Jen Clarke, Devik Mehta
UK: +44 20 3470 0470

Alternative Resource Capital
Joint Broker
Alex Wood, Keith Dowsing
UK: +44 20 7186 9004/5

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the 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.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the Company in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) and may not be offered or sold within the United States to, or for the account or benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

Source

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Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut the Company is pleased to announce that it has filed documents with theTSX Venture Exchange (the “Exchange”) seeking conditional approval of its $0.64 unit (“Unit”) private placement financing (the “Financing”) for aggregate gross proceeds of $1.1 million.

The Financing consists of 1,718,731 Units, each Unit consisting of 1 common share of the Company and 1 common share purchase warrant, each warrant being exercisable at $0.84 for 5 years, subject to the right of the Company to accelerate the exercise period to 30 days if, after the 4-month hold has expired, shares of the Company close at or above $1.50 for 10 consecutive trading days. Proceeds of the Financing will be used for general corporate and operating purposes.

All securities issued pursuant to the Financing will be subject to a 4-month-plus-one-day hold. Finders’ fees in cash and non-transferable broker warrants, and in accordance with Exchange policies, may be paid.

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

For more information, please contact

Juggernaut Exploration Ltd.

Dan Stuart

President, Director, and Chief Executive Officer

604-559-8028

info@juggernautexploration.com

www.juggernautexploration.com

Qualified Person

Rein Turna P. Geo is the independent qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

Grab samples are selected samples and may not represent true underlying mineralization.

NEITHER THE 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.

FORWARD LOOKING STATEMENT

Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.

Source

Click here to connect with Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) to receive an Investor Presentation

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