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GreenRoc secures EUR 5m Loan Facility with Danish Export and Investment Fund

GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce that it has signed a binding secured loan facility for EUR 5.2 million from the Export and Investment Fund of Denmark (‘EIFO‘), to be used for the financing of the Company’s work programmes both at the Amitsoq Graphite Mine in south Greenland and in relation to the establishment of a fully operational European pilot plant for the production of active anode material from Amitsoq graphite.

Highlights

  • Loan facility granted by EIFO of up to EUR 5.2m to fund the work programmes at the Amitsoq mine (‘Amitsoq Mine‘ or ‘Mine‘) and active anode material (‘AAM‘) pilot plant (‘AAM Pilot Plant‘), collectively the ‘Amitsoq Project‘ or ‘Amitsoq‘.
  • The Agreement is regarded by the GreenRoc Board as a major vote of confidence in the future of the Amitsoq Project and an endorsement of Amitsoq’s position as one of Europe’s foremost critical mineral projects.
  • The Company anticipates that, if fully drawn down, the loan will enable GreenRoc to make significant advances in the development of both the Mine and the AAM Pilot Plant:
    • being able to fund the completion of Phase 3 infill and geotechnical drilling will enable the Company to proceed the Mine to the PFS/DFS stage; and
    • financing the construction of a fully operational pilot plant will enable GreenRoc to produce spherical graphite so that end users may carry out their own quality and certification tests for an offtake decision.
  • The loan facility may be drawn down during the first two years of the term at GreenRoc’s sole election, and has a maturity of 5 years or, if sooner, on the date of commissioning by GreenRoc of a commercial AAM plant (‘Commercial Plant‘).
  • The five-year maturity provides a significant runway for GreenRoc to deploy the funding and build up value in the Company and its share price prior to maturity.
  • On maturity, or sooner if GreenRoc raises £15m or more over 18 months from other sources of debt or equity capital, or a defined exit event occurs for GreenRoc, EIFO may elect either to be repaid in cash or to convert the loan into ordinary shares in the Company (‘Ordinary Shares‘), with conversion at an effective 20% discount to the Ordinary Shares’ market price at that date.
  • Key protections have been agreed to reduce the dilutive impact to the Company of any conversion, notably:
    • the inclusion of a valuation floor for the purpose of conversion – if GreenRoc’s market capitalisation is less than £30m on conversion, it will be treated for the purposes of conversion as if it has a market capitalisation of £30m;
    • EIFO may not, as a result of conversion of the loan, hold more than 10% of the issued share capital of GreenRoc, with any balance being repaid in cash or otherwise by conversion into shares in GreenRoc’s graphite-related subsidiaries, subject to an independent valuation; and
    • if EIFO elects to convert the loan into Ordinary Shares, the Company may instead elect to repay the loan in cash and to issue share options to EIFO in an aggregate value corresponding to 20% of the amount repaid in cash.

Webinar on Amitsoq Project

The Company will host a webinar to discuss this news and provide more general updates about the Amitsoq project and the business as a whole. The webinar will be hosted live via our website on Friday 24 October at 10am (UK time), and we invite both existing and prospective investors to submit their questions in advance.
Sign up for the webinar and submit your questions for the management team here: https://greenrocplc.com/webinars/pegqBP-investor-u…

Details

The Loan Agreement

Following the Letter of Interest from EIFO which was announced on 15 January 2025, EIFO and GreenRoc have now entered into a binding loan facility agreement to provide funding for the Amitsoq Project of up to EUR 5.2 million.

The loan facility may be drawn down in the first two years with a maximum of four drawdowns per year. The interest rate on drawn down funds is 10% per annum, being the EU Reference Rate for such agreements. Simple interest accrues on a semi-annual basis and is added to the principal to be paid on maturity. In addition, a commitment fee of 2.5% applies on any undrawn amounts for the two-year loan facility period. Subject to certain terms and conditions, on maturity the loan is either repayable in cash or convertible into Ordinary Shares.

The loan facility is split into a facility of EUR 3.3m to be utilised for the development of the AAM Pilot Plant and EUR 1.9m for the Amitsoq Mine. Up to EUR 0.5m can be reallocated from one of these facilities to the other, upon request by the Company.

The loan funds may be utilised for specified work programmes, including:

  • at the Amitsoq Mine, Phase 3 drilling for JORC Resource category upgrade and geotechnical data acquisition; and
  • for the AAM Pilot Plant, the purchase, delivery, installation and commissioning of graphite spheronisation mills and a purification plant, and the production of the first AAM precursor products.

Loan Maturity

The Loan is to be fully repaid upon the earlier of (i) 5 years from first drawdown and (ii) 6 months after commissioning of a Commercial Plant.

Loan Repayment and/or Conversion

Upon a ‘Trigger Event’, repayment of the Loan and accrued interest can take place either in cash or partly or wholly in Ordinary Shares, at EIFO’s discretion. A Trigger Event is either the maturity date, a ‘Qualified Financing’ or an ‘Exit’ (see below). The Loan converts into Ordinary Shares at a price equal to their market price at that time, less a 20% discount, subject to a valuation floor of £30m, and a valuation ceiling of £140m.

A ‘Qualified Financing’ means any capital raising by GreenRoc by way of debt or equity related instruments from one or more bona fide third parties or a combination thereof, in an aggregate amount of more than £15m measured on an 18-month rolling basis (not including the EIFO facility).

An ‘Exit’ means either a specified change of ownership of GreenRoc, a disposal or transfer of the Company’s assets, the delisting of the Company without a concurrent relisting, or the dissolution of the Company.

EIFO may only convert into a maximum of 10% of the issued share capital of GreenRoc, with any remaining balance being settled in cash, unless GreenRoc is unable to settle in cash, in which case the excess shall be converted into shares in one or more of GreenRoc’s Amitsoq subsidiaries (Greenland Graphite A/S, GreenRoc Graphite Limited and Norgraph AS) at a price determined by an independent valuation of the fair market value of the relevant subsidiaries.

If EIFO elects to convert the loan into Ordinary Shares, the Company has the right to counter-elect to repay the loan plus accrued interest in cash and to issue share options to EIFO, with a two year duration and a nominal exercise price, in an aggregate value corresponding to 20% of the amount repaid in cash, the combined effect of which would be to significantly reduce the overall dilutive impact to GreenRoc of EIFO’s proposed loan conversion.

Other Terms

The loan facility agreement contains other standard terms customary for agreements of this type. These include the following:

Mandatory prepayments

EIFO may require prepayment of the Loan upon the occurrence of certain events, including:

  • material changes to the ownership of GreenRoc without EIFO’s consent;
  • a transfer of any assets which are subject to the security arrangements;
  • GreenRoc disposing of assets with a market value exceeding the total loan drawn down;
  • specified personnel changes which result in GROC not being adequately resourced for its then stage of development; and· in the event of an Exit, if the Fund decides not to convert the Loan into Ordinary Shares.

Events of Default

Events of Default include a failure to pay, insolvency, the Amitsoq exploration licence being cancelled, a breach of representations, warranties or undertakings, an event occurs which has a material adverse effect on GreenRoc or its subsidiaries, and a breach of environmental or social laws.

If an Event of Default occurs which is not or cannot be remedied and it has a material adverse effect, EIFO can demand immediate repayment of the loan plus certain break costs and, if within the first 2 years of the term, a make whole fee, equal to the interest that would have been payable in respect of the period between the termination of the loan and the end of the first two years of the loan term.

Security

EIFO to have benefit of first-ranking pledges over shares of all three Amitsoq sub-group subsidiaries (GreenRoc Graphite Ltd, Greenland Graphite A/S, Norgraph AS).

Lock up period

EIFO may not dispose of any Ordinary Shares for a period of 2 years from conversion.

GreenRoc’s Chairman, George Frangeskides, commented:

‘This financing agreement reached with EIFO is the most significant moment for GreenRoc since the creation of the Company in late 2021. Access to this funding will enable us to make a major leap forward in the development of both the Amitsoq Mine and our downstream graphite processing capabilities.

‘This funding also has one other key advantage for GreenRoc and its shareholders, which is that in the ordinary course it will not be repayable for a full five years, which gives us a substantial runway to utilise the funds and build greater value in the Amitsoq Project and the Company’s share price before the funds become due for repayment.

‘This agreement is the culmination of a great deal of thought and hard work by the GreenRoc and EIFO teams to arrive at a financing package which makes sense for both of us. I would like to thank the EIFO team for their unwavering efforts in helping to make this financing a reality and for their confidence in our ambition to position the Amitsoq Project as a cornerstone of Europe’s electric vehicle raw material supply chain.’

GreenRoc’s CEO, Stefan Bernstein, commented:

‘We are delighted to have signed this loan agreement with EIFO. It will provide us with vital funds to advance our graphite business with regard to the Amitsoq Mine and the graphite Active Anode Materials plant. The funds will finance some of the more costly parts of our work programme, such as acquiring a pilot plant to process graphite flakes into spherical purified graphite, the essential part of graphite anode material for Li Batteries, as well as having our bulk sample from Amitsoq treated to extract graphite concentrate for use at our pilot plant. I am eager to get on with all those activities over the coming months.

‘The loan facility from EIFO is a very welcome financing opportunity, provides flexibility and a degree of certainty for the future. With the Project having been reviewed by EIFO’s financing team, which has seen literally hundreds of mining projects over the years, I also regard the loan facility as a quality stamp and a strong endorsement of the Amitsoq Project.’

Peter Boeskov, CCO at EIFO, commented:

‘EIFO is pleased to support GreenRoc as the company takes its next crucial steps towards contributing to the supply of indispensable raw materials for Europe’s green transition and defence industry. The project aligns very closely with EIFO’s strategic ambitions to support viable and impactful projects in Greenland, while also reinforcing business activities that contribute to the security of supply of critical minerals in Europe, and to wider geopolitical priorities. Developing mining projects requires capital and if everything goes according to plan, EIFO is interested in continued support of GreenRoc in collaboration with other financial partners and investors.’

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). The Directors of the Company take responsibility for the contents of this announcement.

*ENDS**

For further information, please contact:

Investor questions on this announcement

We encourage all investors to share questions

on this announcement via our investor hub

https://greenrocplc.com/s/f795de

GreenRoc Strategic Materials Plc

Stefan Bernstein, CEO

info@greenrocplc.com

+44 20 3950 0724

Cairn Financial Advisers LLP (Nomad)

Sandy Jamieson / Louise O’Driscoll

+44 20 7213 0880

Oberon (Broker)

Nick Lovering/Adam Pollock

+44 20 3179 5300

About GreenRoc

GreenRoc Strategic Materials Plc is an AIM-quoted UK public company focused on developing the Amitsoq Graphite Project in Greenland into a producing mine to meet critical demand from Electric Vehicle (‘EV’) manufacturers in Europe and North America for new, high grade and conflict-free sources of graphite. Amitsoq is one of the highest-grade graphite deposits in the world with a combined Measured, Indicated and Inferred JORC Resource of 23.05 million tonnes (Mt) at an average grade of 20.41% graphite, sufficient to sustain several decades of mining.

The plans for the Amitsoq Project include the construction of a facility to further process the mined graphite into active anode material – an indispensable component of Li-batteries – which plans have independently and positively evaluated to prefeasibility study stage.

GreenRoc has entered into a partnership with the Norwegian battery manufacturer Morrow Batteries to establish a regional supply chain. The Amitsoq Project has been designated a Strategic Project by the EU and in March 2025 it was also ESG-certified by Digbee™, an independent platform which provides sustainability assessments for the mining industry.

Source

This post appeared first on investingnews.com
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West High Yield Resources Secures Approval for Record Ridge Mine

West High Yield (TSXV:WHY,OTC Pink:WHYRF) has received final approval from British Columbia’s Ministry of Mines and Critical Minerals to develop and operate its Record Ridge Industrial Mineral Mine near Rossland.

The provincial Mines Act Permit authorizes the construction and operation of the Record Ridge project, known for its deposits of magnesium, silica, nickel, and iron, after years of environmental assessment and consultation with Indigenous and local communities.

“This major milestone represents years of disciplined technical, regulatory, and community collaboration,” said Frank Marasco, president and CEO of West High Yield. “The RRIMM Permit validates the strength of our Project, our team, and our long-term vision.”

The project focuses on magnesium, which is a key component for electric vehicles, clean energy technologies, and advanced manufacturing.

Under the new permit, construction and mining will proceed in collaboration with Skemxist Solutions, a partner company of the Osoyoos Indian Band (OIB), ensuring Indigenous participation and oversight in environmental management and contracting.

Chief Clarence Louie of the OIB welcomed the decision, saying, “Through collaboration with WHY Resources and Skemxist Solutions, we are demonstrating that responsible development and Indigenous economic leadership can go hand in hand. This Project brings opportunity, training, and long-term benefits for our people and the entire region.”

The company said its immediate focus will be on post-permit compliance work, including environmental, safety, and engineering activities, followed by site preparation and road construction.

During the mine’s initial phase, ore from Record Ridge will be shipped to a US buyer for offsite processing, generating early cash flow while plans for a domestic refining facility advance.

Marasco said the company’s long-term goal is to establish Canada’s first magnesium-refining plant, which could create hundreds of jobs and strengthen British Columbia’s role in the global critical minerals sector. “

The mine is expected to provide significant economic benefits for the surrounding region through new employment, training, and contracting opportunities while supporting Canada’s clean-energy transition.

The company also noted that future verticals under evaluation include magnesium oxide and silica production, pharmaceutical-grade magnesium, and magnesium wallboard, which are all essential materials in renewable energy and construction industries.

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

This post appeared first on investingnews.com
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BC to Curb AI Energy Use, Ban Crypto Mining in Bid to Power Resource Sector

The BC government has unveiled new energy policy changes aimed at curbing electricity use from artificial intelligence (AI) data centers, while permanently banning new cryptocurrency-mining projects and fast-tracking the North Coast Transmission Line.

Tabled by Energy Minister Adrian Dix, the proposed legislation will replace the Canadian province’s traditional first-come, first-served grid connection policy with a competitive bidding system for emerging industries such as AI and data centers, as well as hydrogen production for export.

Under the new framework, these sectors will be limited to a combined 400 megawatts of new power allocation every two years: 300 megawatts for AI operations and 100 megawatts for other data centers, with hydrogen limits to be determined by market conditions.

Dix said the move was designed to prevent British Columbia from falling into the same trap as regions in the United States where explosive growth in data center demand has strained power grids and driven up electricity costs for residents.

“The allocation framework allows for the paced growth of these sectors and avoids mistakes we’ve seen in other jurisdictions where growth has outpaced infrastructure, resulting in higher costs for everyday residential customers,” Dix told reporters in Victoria.

“We won’t make that mistake. We will prioritize the projects that provide the best, greatest benefit to British Columbians.”

The province’s publicly owned utility, BC Hydro, will oversee the competitive call process beginning in early 2026.

According to the Ministry of Energy, Mines and Low Carbon Innovation, British Columbia has been inundated with requests from data-heavy industries seeking grid access, particularly as AI development accelerates worldwide.

By contrast, power allocations for resource-based industries such as mining, oil and gas, forestry, and hydrogen production will remain uncapped due to their higher employment and revenue contributions to the province.

Additionally, hydrogen-for-export projects will be enabled in a paced way, with the government prioritizing hydrogen energy production for domestic use.

“Other jurisdictions have been challenged to address electricity demands from emerging sectors and, in many cases, have placed significant rate increases on the backs of ratepayers,” the ministry said in a statement.

The new rules would also formalize a decision that has been years in the making. A temporary moratorium on new cryptocurrency mining projects, which was first imposed in 2022 and extended in 2024, will now become permanent.

The government cited crypto mining’s “disproportionate energy consumption and limited economic benefit” as justification for the ban. Unlike AI or manufacturing, officials noted that crypto mining generates little employment while consuming large amounts of power.

The policy stands in sharp contrast to neighboring Alberta, which has embraced data infrastructure investment and is targeting C$100 billion in new data center spending over the next five years. Alberta’s government has promoted its abundant natural gas reserves as a key energy source for such projects.

In a related move, the BC government announced plans to fast-track the construction of the North Coast Transmission Line, a massive infrastructure project aimed at unlocking new mining and industrial development in Northern British Columbia.

The government will exempt the project from a regulatory certification process that normally requires public hearings before the BC Utilities Commission, cutting as much as 18 months from its development timeline.

The 450 kilometer line, which will initially connect Prince George to Terrace, carries a price tag now estimated at C$6 billion, which is double the previous year’s estimate of C$3 billion.

Once complete, officials say it will supply high-voltage electricity to a region rich in mineral resources but long constrained by limited power access. Government projections estimate that the project could create about 9,700 full-time jobs and contribute nearly US$10 billion per year to the province’s GDP.

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

This post appeared first on investingnews.com
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Trump meets NATO’s Rutte as Ukraine peace talks take center stage after Zelenskyy visit

President Donald Trump is slated to meet with NATO Secretary-General Mark Rutte Wednesday — days after Ukrainian President Volodymyr Zelenskyy visited the White House.

NATO announced Tuesday that Rutte would visit Washington Wednesday, but the organization did not provide any additional details regarding the nature of the trip. However, it comes as Trump has said he wants to direct his focus on ending the conflict between Russia and Ukraine, following the ceasefire deal in the Middle East. 

Rutte said that Wednesday’s White House visit aims to build on the momentum after securing the peace agreement in the Middle East. 

‘I was texting with the president after an enormous success in Gaza, and we said, ‘Hey, let’s have a meeting in Washington to discuss how we now can deliver his vision of peace in Ukraine,’’ Rutte told reporters on Capitol Hill Wednesday after meeting with lawmakers, according to The New York Times.

‘I have total confidence in President Trump. He’s the only one who can get this done,’ Rutte said. 

Rutte has visited the White House on several occasions during Trump’s second term, including in July and also in August after Trump’s Alaska summit with Russian President Vladimir Putin. NATO has backed Ukraine since Russia first invaded, and has provided Kyiv with military equipment and other assistance since 2022. 

In August, Rutte and other European leaders joined Zelenskyy in an effort to advance peace talks to end the war in Ukraine. At the time, Trump said that European nations would shoulder the bulk of the burden by providing Ukraine with security guarantees in an attempt to deter future aggression from Russia. 

As part of these security guarantees, Ukraine has sought to become a member of NATO during the peace negotiations. However, Trump has routinely ruled that out as a possibility. 

Meanwhile, Russia’s list of demands has historically included prohibiting Ukraine from ever joining NATO, and concessions on some land that previously belonged to Kyiv. 

Additionally, Rutte’s meeting comes as Trump appeared to throw cold water on any hopes that the U.S. would arm Ukraine with Tomahawk missiles, like Trump had said he was considering doing days ahead of Zelenskyy’s visit. 

‘I would much rather have them not need Tomahawks,’ Trump told reporters Friday. ‘I would much rather have the war be over to be honest, because we’re in it to get the war over.’ 

Additionally, Trump changed his tune on whether Ukraine would need to cede territory it had lost to Russia as part of a peace deal. Although Trump altered his position in September and said that Ukraine could secure back its lost territory, Trump reverted to his previously held position on the matter. 

‘They can negotiate something later on down the line,’ Trump told reporters Sunday. ‘But I said cut and stop at the battle line. Go home. Stop fighting, stop killing people.’

The change in tone came after Trump spoke with Putin Thursday and the two were originally slated to meet this month in Budapest. However, plans for the meeting were scrapped after Secretary of State Marco Rubio’s call with Russian Foreign Minister Sergey Lavrov. 

‘Secretary Rubio and Foreign Minister Lavrov had a productive call,’ a senior official said in a statement Tuesday to Fox News. ‘Therefore an additional in-person meeting between the Secretary and Foreign Minister is not necessary and there are no plans for President Trump to meet with President Putin in the near future.’ 

Meanwhile, Trump recently has cast doubt on whether Ukraine can defeat Russia. 

‘They could still win it. I don’t think they will, but they could still win it,’ Trump told reporters Monday. 

Fox News’ Gillian Turner and The Associated Press contributed to this report. 

This post appeared first on FOX NEWS
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Jack Smith defends subpoenaing Republican senators’ phone records: ‘Entirely proper’

Former special counsel Jack Smith is standing by his 2023 decision to subpoena several Republican lawmakers’ phone records, calling the move ‘entirely proper’ and consistent with Justice Department policy.

Smith said through his lawyers in a letter obtained by Fox News Digital that the subpoenaed data, known as toll records, belonging to eight senators and one House member were carefully targeted to support his investigation into President Donald Trump’s alleged subversion of the 2020 election.

‘As described by various Senators, the toll data collection was narrowly tailored and limited to the four days from January 4, 2021 to January 7, 2021, with a focus on telephonic activity during the period immediately surrounding the January 6 riots at the U.S. Capitol,’ Smith’s lawyers wrote Tuesday to Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa.

Toll records do not reveal the contents of phone calls but instead reveal when calls were made and to whom.

Smith’s lawyers said that although Grassley, who brought the subpoenas to light, has not reached out to Smith, they felt compelled to write to the chairman to address claims from Republicans that Smith improperly spied on lawmakers.

Grassley responded to the letter, saying he would continue an unbiased probe into Arctic Frost, the name of the FBI investigation that led to Smith’s election-related prosecution of Trump.

‘I’m conducting an objective assessment of the facts&law like he says he wants So far we exposed an anti-Trump FBI agent started the investigation/broke FBI rules &only REPUBLICANS were targeted SMELLS LIKE POLITICS,’ Grassley wrote on X.

The targeted senators included Republican Sens. Marsha Blackburn of Tennessee, Josh Hawley of Missouri and Lindsey Graham of South Carolina. 

In addition to the eight senators, Sen. Ted Cruz, R-Texas, told Fox News’ Sean Hannity Tuesday that he recently discovered Smith also attempted to subpoena his toll records but that his phone company, AT&T, did not hand them over.

The Republicans have broadly claimed they were inappropriately spied on, and compared Arctic Frost to the Watergate scandal.

Smith’s lawyers emphasized the normalcy of seeking out phone records and said that public officials are not immune from investigation.

Smith brought four criminal charges against Trump alleging he illegally attempted to overturn the results of the 2020 election, but he dismissed the charges after Trump won the 2024 election, citing a DOJ policy that discourages prosecuting sitting presidents. 

Former special counsel Robert Hur sought toll records during his investigation into former President Joe Biden’s handling of classified documents. The DOJ subpoenaed phone records of former Democratic Sen. Robert Menendez, who is serving prison time after he was convicted in 2024 of corruption charges.

The first Trump administration subpoenaed phone records of Rep. Eric Swalwell, D-Calif., and then-Rep. Adam Schiff, D-Calif., and dozens of congressional staffers from both parties as part of a leak investigation.

Former DOJ inspector general Michael Horowitz warned in a report about the leak probe that lawmakers’ records should only be subpoenaed in narrow circumstances because it ‘risks chilling Congress’s ability to conduct oversight of the executive branch.’

Smith’s lawyers also disputed FBI Director Kash Patel’s accusations that he attempted to hide the subpoenas ‘in a lockbox in a vault,’ noting that the former special counsel mentioned subpoenaing senators’ records in a footnote of his final special counsel report.

‘Moreover, the precise records at issue were produced in discovery to President Trump’s personal lawyers, some of whom now serve in senior positions within the Department of Justice,’ Smith’s lawyers said.

Read Smith’s letter below. App users click here.

This post appeared first on FOX NEWS
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Ni-Co Energy

Investor Insight

Ni-Co Energy offers investors exposure to high-demand critical minerals through a strategically located, 100 percent owned nickel-copper-cobalt project in Quebec, with strong early-stage drill results, exceptional infrastructure access, and a clear path to discovery in a geopolitically stable jurisdiction.

Overview

Founded in 2023, Ni-Co Energy is a Canadian mineral exploration company focused on the discovery and development of critical metals, with a particular emphasis on nickel, copper and cobalt. Headquartered in Gatineau, Quebec, the company is actively exploring within the Grenville geological province — a region historically underexplored but considered highly prospective for mineral-rich systems.

Ni-Co Energy

Ni-Co Energy’s strategy is rooted in the growing global demand for clean energy technologies, which are placing unprecedented pressure on the supply of battery and electrification metals. Nickel is a core component of high-energy-density battery chemistries used in electric vehicles (EV); copper is vital for electrical transmission, grid expansion and renewable power infrastructure; and cobalt enhances battery stability and longevity. As economies push toward net-zero targets and EV adoption scales globally, secure, ethical and local supply chains for these metals have become a geopolitical and economic priority.

Ni-Co Energy’s focus on magmatic massive sulfide style deposits is one of its unique value propositions. These deposits are among the most economically significant sources of base metals worldwide. The systems are known for forming high-grade, multi-metallic ore bodies containing copper, zinc, lead, gold, silver and, crucially for Ni-Co Energy’s portfolio, nickel and cobalt. These types of deposits tend to occur in clusters and can support scalable, long-life mining operations with strong by-product credits, enhancing overall project economics. Discovering and advancing a deposit gives Ni-Co Energy a competitive edge in tapping into premium metal markets where supply is tightening.

Ni-Co Energy rock sample

With a clear focus on modern geophysical tools and systematic exploration, Ni-Co Energy is positioning itself to become a key player in the Canadian critical minerals sector — delivering value not only through discovery, but by aligning with the broader shift toward decarbonization and supply chain resilience.

Company Highlights

  • Ni-Co Energy targets high-demand metals essential to the energy transition: nickel, copper and cobalt, with applications in EV batteries, energy storage and electrification infrastructure.
  • The flagship Kremer project is a 100 owned, 15,375-hectare property located 90 km to the north from downtown Montreal (but 15 km away from the nearest town) in the highly prospective Grenville Geological Province in Quebec.
  • Airborne and ground EM surveys revealed an 8-kilometer-long EM conductor corridor, with overlapping gravity and MAG anomalies, and multiple surface showings.
  • The project is road-accessible year-round via Route 347 and forestry roads, with power lines nearby and proximity to regional mining services.
  • A two-phase, C$2 million exploration program planned for 2025, including an 8000-meter drilling campaign along with borehole TDEM focused on high-priority geophysical and geochemical targets.

Key Project

Kremer Project

The 100 percent owned Kremer project is Ni-Co Energy’s flagship exploration asset and a prime example of the company’s focus on uncovering critical mineral resources within geologically favorable but underexplored regions. Located approximately 90 kilometers from downtown Montreal and about 15 km northwest of Saint-Côme, the Kremer property enjoys excellent accessibility and infrastructure — a significant advantage for an early-stage exploration project.

Mining claims at Ni-Co Energy

The project comprises 233 mining claims covering 15,375 hectares, within the Grenville geological province, an area known for its potential to host nickel-copper-cobalt magmatic sulfide systems, particularly along the margins of a large anorthosite intrusion. The property benefits from its proximity to paved highways, well-maintained logging roads, powerlines and skilled labor pools. These logistical advantages significantly reduce exploration costs and timelines while positioning the project favorably for future development and potential production scenarios.

Geological Characteristics and Exploration History

The property is underlain primarily by paragneiss rocks of the Grenville province and lies near the Morin Anorthosite Complex, a large intrusive body known to host iron-titanium-vanadium and nickel-copper-cobalt mineralization. Historical grab samples from around the “Lac à la Mélasse” area have returned values up to 3,547 parts per million (ppm) nickel, 1,107 ppm copper, and 924 ppm cobalt, supporting the district’s critical mineral potential

In 2021 and 2022, Ni-Co Energy completed airborne magnetic and time-domain electromagnetic (TDEM) surveys, covering 1,659 line-kilometers. These surveys identified numerous EM conductors, particularly concentrated in the northwestern sector of the property. A ground gravity survey conducted in 2024 detected multiple weak to moderate positive anomalies, suggesting the presence of sulfide-rich bodies or lenses that could host nickel-copper-cobalt mineralization.

Samples from Ni-Co Energy

The company’s 2023 maiden diamond drilling campaign included 22 drill holes totaling 4,201 meters. Of these, a significant proportion intersected massive (>50 percent) and semi-massive (<50 percent) sulfide mineralization. Highlights include:

  • DDH 20-2023: 1.73 percent nickel, 0.85 percent copper over 2.95 meters
  • DDH 04-2023: 1.58 percent nickel, 0.42 percent copper over 2.70 meters
  • DDH 21-2023: 1.46 percent nickel, 0.71 percent copper over 1.80 meters

Advancements and Future Prospects

In 2024, Ni-Co Energy deployed a suite of advanced geophysical tools, including drone-based magnetics, ground gravimetric surveys, and borehole TDEM, to sharpen its geological targeting. These efforts identified two major mineralized zones:

Northwest Zone: This drilled zone features continuous surface mineralization extending over 700 meters, exposed every 25 to 50 meters, with blown trenching done at two places up to 1 meter deep to verify mineral continuity.

Southeast Zone: A newly uncovered area approximately 7 km from the current drilling site, exhibiting fresh nickel-copper-cobalt mineralization indices and offering substantial exploration upside.

Ground EM, MAG and gravity surveys are overlapping in the central 3-km long zone. This highly prospective area is believed to host a mafic intrusion buried at shallow depth and will be drill tested during the 2025 program. Ni-Co Energy also intends to do some step-out drilling in the already drilled northwest zone to confirm mineralization extent.

Protected zone at Ni-Co Energy
Results of magnetic drone survey at Ni-Co Energy

With infrastructure in place and geophysical indicators pointing to scale, the Kremer project offers a compelling combination of accessibility, geological potential and alignment with critical mineral supply priorities.

For 2025, Ni-Co Energy plans to implement a two-phase exploration program with a combined budget of over C$2 million. The programs includes follow-up drilling based on overlapping structural, geophysical, and geochemical anomalies

Management Team

Alain Tremblay – Founder, President and CEO

Alain Tremblay is a seasoned entrepreneur and mining exploration leader. With 30 years of experience as a professional pilot, he has combined his aviation expertise with his passion for resource exploration. As the founder of Prospectair Geosurveys, he provided airborne geophysical survey services to the mining sector for over 20 years. Notably, he was instrumental in the discovery of a major graphite deposit in the Grenville geological province of southern Québec. His leadership and innovative approach have been pivotal in advancing resource exploration and development across Canada.

Marc Boivin – VP Exploration

Marc Boivin is a geologist specialized in exploration geophysics. He has been operating his own consulting firm, MB Geosolutions, since 2006. Previously, he was chief geophysicist at SOQUEM for 14 years. He received his BSc in Geology at UQAM in 1983 and pursued postgraduate studies in applied geophysics at the Ecole Polytechnique de Montréal (1984-1985). With over 40 years of experience, he has developed considerable expertise in mining exploration and applied geophysics, working in a broad range of geological environments in many locations in Canada, the US, Africa, Australia and Central America.

Nicolas Tremblay – VP, IR and Corporate Development

Nicolas Tremblay is a retired IT manager and a seasoned investor with a strong background in business and technology. A graduate of the University of Ottawa (Business Admin) and Université du Québec à Hull (IT), he spent 31 years in the public sector, leading an IT group at Environment and Climate Change Canada. Over the last decade, he has been engaged in the mining exploration industry, serving as a board member for a company that developed a significant graphite discovery. With more than 30 years of stock market experience, he combines technical acumen with strategic investment expertise.

Isabelle Gauthier – CFO

Isabelle Gauthier has over 25 years of proven experience and expertise across all financial and business functions. She holds a B.A. in Administration from Université du Québec à Montréal (UQAM) and has been a member of the Ordre des Comptables professionnels agréés du Québec since 1998. She was a senior manager at the firm Raymond Chabot Grant Thornton for which she worked as an auditor from 1996 to 2006. She has developed an expertise in public companies primarily in the mining sector.

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Canada One Provides Exploration Review of Combination Creek Zone, Copper Dome Project

Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) (‘Canada One’ or the ‘Company’) is pleased to provide an exploration review of the Combination Creek Zone at its 100% owned Copper Dome Project, (‘Copper Dome’, ‘Project’ or ‘Property’), Princeton B.C.

COMBINATION CREEK ZONE HIGHLIGHTS

  • Location: ~3.5 km south of the Copper Mountain Mine deposits

  • Historical Drilling: 5,732m of diamond drilling in 22 holes2

    • Dill Hole PT-12-26: 20.00m of 0.64% Cu, including 14.00m of 0.86%, starting at 141.00m and 145.00m, respectively.

    • Drill Hole PT-11-18: 102.25m of 0.11% Cu, including 6.00m of 0.25%, starting at 3.28m and 74.00m, respectively.

    • Drill Hole PT-10-06: 19.50m of 0.34% Cu, including 4.50m of 0.36% Cu%, starting at 106.50m and 121.50m, respectively.

    • Drill Hole PT-11-21: 69.00m of 0.21% Cu, including 12.00m of 0.49% Cu, starting at 18.00m and 99.00m, respectively.

  • Historical Grab Samples: returning up to 1.97% Cu and 10.7 g/t Ag1

  • Historical Chip Samples: averaging 0.563% Cu and 3.6 g/t Ag over 5 m1

  • Excellent Camp Setting: Intrusive-volcanic contacts beside an operating mine

Peter Berdusco, President and CEO of the Company commented: ‘The Combination Creek zone provides compelling evidence of a mineralizing system extending south from Copper Mountain. Historical work has confirmed strong copper grades across multiple drill holes. The scale of veining, consistent copper mineralization, and proximity to the Copper Mountain mine all suggest we may be exploring within the broader halo of a porphyry centre. As we advance our exploration model, we see clear potential to outline a porphyry-style target next to an operating mill.’

Combination Creek Review

The Combination Creek Zone located in the northeast corner of the Copper Dome Project (See Figure 1: Location Map of the Copper Dome Project) shows stockwork veining associated with altered volcanic and sedimentary rocks adjacent to the Copper Mountain stock. Two historical mineral occurrences have been identified in this area – The Marquis of Lorne and the Skagit 1 Fraction Zone, both of which exhibit strong structural controls on mineralization and sulphide development. Historical mapping and descriptions indicate intense alteration characterized by assemblages of epidote-chlorite-Fe oxide ± albite, with pyrite-chalcopyrite and associated malachite oxidation. The presence of albite and chalcopyrite within the traditionally propylitic chlorite-epidote-pyrite alteration front suggests that this zone may represent a transition toward a higher-temperature potassic domain of a porphyry system.

The best mineralization in the Combination Creek zone drilled to date is found in a 70 to 100m wide section of Nicola volcanics extending at least 250m east west, bounded to the north by the Copper Mountain Stock and to the south by a coarse pink feldspar porphyry syenite dyke.

Selective Historical Drill Results

Drilling by the Company in 2010, 2011 and 2012 in the Combination Creek Zone returned the following highlighted intercepts (See Figure 2: Map of Combination Creek Zone with Selected Historical Drill Hole Locations and Results (Cu):

  • DDH PT-10-01: 20.00m of 0.28% Cu, including 5m of 0.59% Cu, starting at 27.50m.
  • DDH PT-10-02: 47.50m of 0.19% Cu, including 22.50m of 0.26% Cu, starting at 37.00m
  • DDH PT-10-06: 19.50m of 0.34% Cu starting at 106.50m and 3.00m of 0.93% Cu starting at 247m.
  • DDH PT-11-16: 10.00m of 0.65% Cu starting at 231m and 25.31m of 0.21% Cu starting at 3.69m.
  • DDH PT-11-18: 68.25m of 0.14% Cu starting at 3.28m, including 6.00m of 0.25% Cu starting at 74m, and 6.00m of 0.29% Cu starting at 313m.
  • DDH PT-11-21: 69.00m of 0.21% Cu starting at 18.00m, including 12.00m of 0.50% Cu starting at 99.00m.
  • DDH PT-12-26: 20.00m of 0.64% Cu starting at 141.00m, including 14.00m of 0.86% Cu starting at 145.00m.

Mineral Occurrences of the Combination Creek Zone

Marquis of Lorne

The Marquis of Lorne prospect is underlain by the eastern facies of the Upper Triassic Nicola Group, composed mainly of mafic augite and hornblende porphyritic pyroclastics and flows. These are intruded by Early Jurassic Copper Mountain and Lost Horse intrusions-diorite, monzonite, and locally pyroxenite and gabbro. Mineralization occurs in shear zones within andesitic and cherty tuffs, close to the Copper Mountain stock, typically within 50m of its margin.

The best-defined shear zone, located 40m south of the stock, hosts strong limonite, jarosite, and malachite alteration, with historical grab samples returning up to 1.97% Cu and 10.7 g/t Ag, and chip samples averaging 0.563% Cu and 3.6 g/t Ag over 5 m. A parallel shear zone 60m southwest returned 1.53% Cu and 17.1 g/t Ag in grab samples. Additional narrow shears 200 m west-southwest show traces of chalcopyrite and malachite with albite alteration.

Skagit 1 Fraction

The Skagit No. 1 prospect shares similar geology with Marquis of Lorne, being hosted in the Upper Triassic Nicola Group volcanic rocks intruded by the Copper Mountain and Lost Horse intrusions. The occurrence consists of several sulphide-rich shear zones and fractures in andesitic tuff and minor volcanic sediments, located within 60m of the Copper Mountain stock. Mineralization includes bornite, chalcopyrite, and malachite, with historical surface chip samples averaging 0.36% Cu and 2.3 g/t Ag over 10 m, and trench samples grading 0.28% Cu and 2.9 g/t Ag over 30 m.1

The property was mapped and sampled by Newmont (1970-71), Kidd Creek Mines (1983), and later Targa Resources (1986). After limited activity for two decades, the Company conducted a major exploration program in 2010, including 26.4 km of induced polarization and magnetometer surveys plus 5,732 metres of diamond drilling in 22 holes. Drilling intersected 0.21% Cu over 69 metres (DDH PT11-21), and geophysical data revealed a strong (>35 ms) chargeability anomaly in the Nicola volcanics south of the Copper Mountain stock, suggesting potential for porphyry-style copper-gold mineralization.1

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10074/271468_7db7363c94780a0e_002.jpg

Figure 1: Location Map of the Copper Dome Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10074/271468_7db7363c94780a0e_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10074/271468_7db7363c94780a0e_003.jpg

Figure 2: Map of Combination Creek Zone with Selected Historical Drill Hole Locations and Results (Cu)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10074/271468_7db7363c94780a0e_003full.jpg

About The Copper Dome Project

Copper Dome is located in the lower Quesnel Trough porphyry belt, one of British Columbia’s most prolific mining districts. The Project directly adjoins Hudbay Minerals Inc.’s (TSX: HBM) producing Copper Mountain Mine to the north which hosts Proven and Probable Reserves of 702 million tonnes grading 0.24% Cu, 0.09 g/t Au, and 0.72 g/t Ag (hudbayminerals.com). Multiple mineralized zones have been identified across the Property, with historical drilling confirming high-grade copper associated with northeast-trending structures similar to those hosting mineralization at Copper Mountain.

The Project benefits from excellent infrastructure, enabling year-round access, cost-efficient exploration, and a stable, low-risk jurisdiction.

Historical Work Completed

  • Geophysics: 51 km of induced polarization (IP); airborne magnetic and electromagnetic (EM) coverage over ~50% of the Property
  • Sampling: 2,253 soils and 378 rocks collected
  • Drilling: 8,900+ m of diamond drilling
  • Trenching: Over 1 km excavated

With a five-year drill permit in place, the Company is focused on advancing the Project toward drill-ready target definition.

About Canada One

Canada One Mining Corp. is a Canadian junior exploration company focused on copper-the critical metal powering the global energy transition. The Company advances projects from discovery through resource definition with disciplined, data-driven exploration and responsible practices. Its flagship Copper Dome Project, near Princeton, British Columbia, targets a porphyry copper-gold system in a Tier-1 jurisdiction. Canada One aims to deliver sustainable growth and long-term value for shareholders and local communities.

Acknowledgement

Canada One acknowledges that the Copper Dome Project is located within the traditional, ancestral and unceded territory of the Smelqmix People. We recognize and respect their cultural heritage and relationship to the land, honoring their past, present and future.

Qualified Person

The technical information contained in this news release has been reviewed and approved by David Mark, P.Geo., an independent Qualified Person for the purposes of National Instrument 43-101.

Historical Sampling

The sampling was done to the standards of the time and is considered ‘historical’ in nature and is not NI43-101 compliant and cannot be relied upon. The results are listed here to show why the Company is interested in this area. Future work and drilling may not repeat similar results.

Note 1: Mark, (2024), Exploration Report on MMI Soil Sampling, Rock Sampling and Backpack Drilling on the Copper Dome Property Copper Mountain Mine Area Similkameen Mining Division, British Columbia, AR 41492, pages 14-15.

Note 2: St. Clair Dunn, (2011), Report on 2010-2011 Drilling and Geophysical Programs on the Princeton Property, AR 33070, pages 12-19

Contact Us

For further information, interested parties are encouraged to visit the Company’s website at www.canadaonemining.com, or contact the Company by email at info@canadaonemining.com, or by phone at 1.877.844.4661.

On behalf of the Board of Directors of
Canada One Mining Corp.

Peter Berdusco
President
Chief Executive Officer
Interim Chief Financial Officer

Forward-Looking Statements

This press release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements in this press release relate to, among other things: statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. 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. Forward looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

TSX Venture Exchange Disclaimer

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.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271468

News Provided by Newsfile via QuoteMedia

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Trump suggests DOJ owes him money for past cases

President Donald Trump suggested on Tuesday that the Department of Justice (DOJ) owes him money for past prosecutions against him. 

In the Oval Office, a reporter asked Trump if he was seeking compensation from the DOJ over past federal investigations into him and, if so, how much he was seeking. 

‘Well, I guess they probably owe me a lot of money for that,’ Trump said in response. ‘No, I get no salary. I gave up my salary. It’s a good salary. Not as much as these guys make, but that’s OK. It’s a lot of money, and I don’t, as you know, I didn’t take it in the first four years. I didn’t take it these four years either.’

‘But as far as all of the litigation, everything that’s been involved, yeah, they probably owe me a lot of money,’ the president added. ‘But if I get money from our country, I’ll do something nice with it. Like, give it to charity or give it to the White House while we restore the White House, and we’re doing a great job with the White House, as you know, the ballroom is under construction.’ 

The New York Times reported sources as saying Trump is seeking approximately $230 million in compensation from the Justice Department for investigations into him. 

Trump told reporters Tuesday that he was ‘not looking for money,’ but that they ‘would have to ask the lawyers about that.’ 

‘We’ll see what happens,’ Trump said. ‘We have numerous cases having to do with the fraud of the election, the 2020 election, and because of everything that we found out, I guess they owe me a lot of money. But I’m not looking for money. I’m looking for — really, I think it’s got to be, it’s got to be handled in a proper way… We don’t want it to happen again. We can never let what happened in the 2020 election happen again. We just can’t let that happen.’ 

He was later pressed again about the exact dollar amount in the request and said, ‘I don’t know what the number is. I don’t even talk to them about it.’

Trump then remarked that the decision would have to come across his desk, saying that it would be ‘awfully strange to make a decision where I’m paying myself.’

‘In other words, did you ever have one of those cases where you have to decide how much you’re paying yourself in damages?’ Trump said. ‘But I was damaged very greatly. And any money that I would get, I would give to charity.’ 

The Times noted that the DOJ’s rules state that settlement claims against the department that exceed $4 million ‘must be approved by the Deputy Attorney General, or Associate Attorney General, as appropriate.’

It is unclear where the claims or negotiations with the DOJ stand. However, The Associated Press noted that the ties between Trump and those authorized to make a decision on the settlement could present problems. 

Deputy Attorney General Todd Blanche served as one of Trump’s attorneys in the Mar-a-Lago case. Additionally, Associate Attorney General Stanley Woodward represented Trump’s co-defendant, Walt Nauta, in the Mar-a-Lago case.

‘In any circumstance, all officials at the Department of Justice follow the guidance of career ethics officials,’ DOJ spokesperson Chad Gilmartin said in a statement to Fox News Digital.

The investigations include the FBI’s 2022 raid of Mar-a-Lago as part of the classified documents case and another probe looking into possible ties between Russia and Trump’s 2016 presidential campaign. According to the Times, the first claim was filed in late 2023 and was in relation to the Russia probe, while the second — which focused on the Mar-a-Lago raid — was filed in the summer of 2024.

The Times reported Tuesday that Trump had submitted complaints through an administrative claim process, noting that it is something that often precedes lawsuits. 

Despite the president saying that he would donate the funds, some Democrats painted the report as an example of Trump trying to enrich himself. 

Sen. Amy Klobuchar, D-Minn., said on Wednesday morning that the president was looking ‘to line his own pockets, or he says now to give to a charity of his choice.’ The senator added to the accusation, saying Trump was ‘focusing on getting $230 million that he doesn’t deserve back into his pocket instead of helping the American people get healthcare.’

Sen. Jeff Merkley, D-Ore., who was in the middle of an hours-long speech, slammed Trump for ‘suing the government, then instructing his Department of Justice to settle the suit, thereby translating money into the president’s pocket out of the government.’

Merkley then remarked that ‘there is no limit to the self-serving’ and called for his colleagues, particularly Republicans, to speak out against the president.

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

The Associated Press contributed to this report.

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Hillary Clinton mocked for 2001 furniture scandal amid Trump ballroom meltdown: ‘At least he didn’t steal’

Conservatives and Trump supporters were quick to remind former first lady Hillary Clinton about her 2021 furniture controversy with former President Bill Clinton as she attempted to lambaste President Donald Trump for constructing a ballroom at the White House. 

‘At least he didn’t steal the silverware,’ Texas Sen. Ted Cruz posted to X Tuesday lambasting Clinton.  

Clinton’s X post quickly set off condemnation from conservatives reflecting on the 2001 furniture controversy, when the Clintons took an estimated $28,000 in White House furnishings provided by donors and paid $86,000 to the federal government for other gifts they received. 

‘Gifts did not leave the White House without the approval of the White House usher’s and curator’s offices,’ the Clintons said in a 2001 statement. ‘Of course, if the White House now determines that a cataloging error occurred … any item in question will be returned.’

‘All of these items were considered gifts to us,’ Hillary Clinton added at the time. ‘That’s what the permanent record of the White House showed. . . . But if there is a different intent, we will certainly honor the intention of the donor.’

Trump announced Monday that construction had begun on the ballroom, following months of the president floating the planned project to modernize the White House. The project does not cost taxpayers and is privately funded, the White House reported. 

The 90,000-square-foot ballroom project is expected to accommodate approximately 650 seated guests, according to the White House. 

‘I am pleased to announce that ground has been broken on the White House grounds to build the new, big, beautiful White House Ballroom,’ Trump said on Truth Social. ‘Completely separate from the White House itself, the East Wing is being fully modernized as part of this process, and will be more beautiful than ever when it is complete!’ 

Photos of the demolition crew dismantling the East Wing’s facade circulated on social media and in news reports. Clinton responded to the construction in a message rallying voters against Trump’s project. 

‘It’s not his house,’ Hillary Clinton wrote on X Tuesday morning. ‘It’s your house. And he’s destroying it.’ 

The social media post included a screenshot of The Washington Post’s report, ‘White House begins demolishing East Wing Facade to build Trump’s ballroom,’ accompanied by a photo of a demolition crew. 

Other Clinton critics pointed to former President Bill Clinton’s sex scandal with an intern in their responses on social media, and others rehashed the Lincoln Bedroom controversy. 

Bill Clinton and his administration fell under scrutiny in the 1990s for hosting donors for overnight stays at the White House, specifically the Lincoln Bedroom, allegedly in exchange for campaign donations. The then-president denied selling out the room for donations. 

‘Yes, between selling nights in the Lincoln bedroom to donors and her husband’s tutelage of the interns in the Oval Office, if anyone treated the WH as sacred it was the Clintons,’ conservative writer Mark Hemingway wrote on X.  

‘The ballroom will be spectacular… unlike your work in Haiti,’ Eric Trump shot back at Clinton. 

‘Hi Hillary, Remind us, wasn’t it you who walked off with $28,000 in White House furniture when you moved out?’ conservative influencer Benny Johnson posted to X. ‘And your husband who defiled the Oval Office during his presidency? President Trump’s funding a beautiful new ballroom out of his own pocket.’ 

‘There’s literally a Clinton scandal for every tweet she sends,’ Missouri Rep. Eric Burlison posted to X, accompanied by a screenshot of a news report on the Clintons taking an estimated $190,000 in gifted White House furniture when leaving office. 

‘A Clinton would never defile the White House,’ former Trump staffer Alex Pfeiffer wrote. 

‘I remember when the Clintons stole the people’s furniture and tableware,’ columnist David Harsanyi posted.

‘Almost every president of has done renovations to the White House including the Clintons who did a big spread in House Beautiful in 1993 about theirs–the East Wing façade is just that a façade, not part of the original structure and added in 1942 per Franklin D. Roosevelt,’ conservative columnist Salena Zito wrote. 

‘What her husband did inside ‘our house’ is the real abomination,’ Fox Business’ Dagen McDowell posted to X. 

The ballroom construction comes after Trump made other updates to the White House, including installing two 88-foot-tall American flags and an overhaul to the White House Rose Garden. 

‘President Trump is working 24/7 to Make America Great Again, including his historic beautification of the White House, at no taxpayer expense,’ White House spokesman Davis Ingle told Fox News Digital Tuesday when asked about Clinton’s post and other Democrats criticizing the ballroom construction. ‘These long-needed upgrades will benefit generations of future presidents and American visitors to the People’s House.’ 

Fox News Digital reached out to Hillary Clinton’s office Wednesday morning regarding but did not immediately receive a reply. 

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Vance hails ‘days of destiny’ as VP seeks to build on ceasefire agreement

Vice President JD Vance declared Wednesday that, ‘these are days of destiny,’ as he met with Israeli Prime Minister Benjamin Netanyahu to build on the ceasefire agreement in the Gaza Strip.

‘We have a very, very tough task ahead of us, which is to disarm Hamas but rebuild Gaza to make life better for the people in Gaza, but also to ensure that Hamas is no longer a threat to our friends in Israel,’ Vance said in Jerusalem, speaking alongside Netanyahu.

‘That’s not easy. I think the prime minster knows that as well as anybody. But it’s something that we’re committed to in the Trump administration,’ Vance continued. ‘And I think that we’ve, even in the past 24 hours, had a lot of good conversations with our friends in the Israeli government, but also, frankly with our friends in the Arab world who are stepping up and volunteering to play a very positive role in this.’

‘As the prime minister said, these are days of destiny, and we’re very excited to sit down and work together on the Gaza peace plan,’ Vance added.

Netanyahu told reporters that Israel has an unmatched alliance and partnership with the U.S. that is generating opportunities for security and the expansion of peace in the Middle East.

Vance also met with Israeli President Isaac Herzog on Wednesday, telling reporters afterward, ‘We’re here to talk about how to ensure that the peace agreement that started about a week ago sticks, that we move into phase two, into phase three with success.’

The peace deal included the release of hostages being held by Hamas.

‘As the president said, there will be torments along the way. It will be difficult, but I feel very optimistic based on my conversation with our Israeli friends and also with our Gulf Arab friends, that it’s possible that we actually can make peace stick, and that we can create the kind of environment where our Gulf Arab friends and our Israeli friends can build a better Middle East for everybody,’ Vance added. ‘So that is the goal of the administration. We think that it’s in the best interest of the United States. We also think that it’s in the best interest of everybody who lives here.’

Herzog said, ‘I truly believe that the fact you’re here is another brick in building the future for peace.’

‘We all are grateful to President Donald Trump for his steadfast insistence on moving forward. We must move forward,’ Herzog continued. ‘We must offer hope for the region, for Israel, the Palestinians, our neighbors, and for the future of our children.’

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