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HHS ends Biden-era COVID-19 testing program that bled taxpayers years after pandemic

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The Department of Health and Human Services announced it is shuttering a nationwide program that offered free COVID-19 tests to community organizations, citing it bled taxpayer funds despite the pandemic’s end. 

‘With COVID-19 behaving more like the seasonal flu — rising and falling through the year — and tests widely available at retail stores nationwide, continued federal distribution is a significant waste of taxpayers’ dollars,’ HHS told Fox News Digital Tuesday. ‘The COVID-19 pandemic is over and HHS is prioritizing funding projects that will deliver on President Trump’s mandate to address the chronic disease epidemic and Make America Healthy Again.’

The government had spent more than $1 billion on the program since it was established in 2021 under the Biden administration, Fox News Digital learned. 

The program deployed government-purchased COVID-19 tests to community partners across the country to deliver tests at no cost to the patient. HHS cited that testing for COVID-19 now mimics seasonal flu cases, with retail shops across the country stocking their shelves with COVID tests, meaning ‘continued federal distribution is a significant waste of taxpayers’ dollars.’

Americans who ordered tests through community partnership by 5 p.m. May 30 will still receive their order, according to HHS. 

HHS is in the midst of purchasing one million newer tests that are able to differentiate between the COVID-19 virus versus the flu, which will be deployed if there are any shortfalls or emergencies with the COVID testing, Fox Digital learned. 

State or local health departments, as well as community organizations that have a stockpile of tests and various local health centers may still provide free tests to Americans as the program shutters, according to HHS. 

The COVID-19 pandemic, which tore across the country in 2020, officially ended years ago. Then-President Joe Biden declared the pandemic was ‘over’ back in 2022, while the World Health Organization determined the pandemic officially ended by 2023. 

The announcement comes as the Trump administration’s top health department re-focuses its direction to addressing the nation’s spiraling chronic health issues, which come in the form of health issues such as rampant obesity, spikes in autism diagnoses and teenage depression. 

President Donald Trump‘s Make America Healthy Again Commission, which is chaired by HHS chief Robert F. Kennedy Jr, released its anticipated report assessing chronic diseases that have gripped U.S. youth in recent years May 22. 

The report’s findings include teenage depression nearly doubling from 2009 to 2019, more than one-in-five children over the age of six being considered obese, one-in-31 children diagnosed with autism by age 8 and childhood cancer spiking by 40% since 1975.  

‘Over 40% of the roughly 73 million children (aged 0-17) in the United States have at least one chronic health condition, according to the CDC, such as asthma, allergies, obesity, autoimmune diseases, or behavioral disorders,’ the report stated. ‘Although estimates vary depending on the conditions included, all studies show an alarming increase over time.’

Chronic diseases have a chilling effect on national security, commission members said in a Thursday morning phone call with the media. Roughly 75% of America’s youth aged 17–24 do not qualify to serve in the military due to obesity, asthma, allergies, autoimmune diseases or behavioral disorders, they said. 

‘We now have the most obese, depressed, disabled, medicated population in the history of the world, and we cannot keep going down the same road,’ Food and Drug Commissioner Marty Makary said in the phone call with the media. ‘So this is an amazing day. I hope this marks the grand pivot from a system that is entirely reactionary to a system that will now be proactive.’ 

The MAHA report will be followed by a policy recommendation report for the federal government later this summer. 

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Athena Gold Provides Option on Excelsior Springs and Kicks off 2025 Field Season at Laird Lake

Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNRF) (‘Athena Gold’ or the ‘Company’) is pleased to announce that it has entered into a property option agreement (the ‘Agreement’) with Firetail Resources Limited (ASX:FTL) (‘Firetail’) dated May 28, 2025, whereby the Company has granted Firetail the exclusive right (the ‘Option’) to acquire an 80% undivided interest in the Company’s Excelsior Springs Project located in Nevada, USA (‘Excelsior’ or the ‘Property’). If the Option is exercised, Firetail will pay Athena Gold AUD$200,000 in cash and issue 32,000,000 ordinary shares, and Firetail will be required to incur USD$5,000,000 in expenditures over a five-year term. A 1% net smelter return royalty will also be provided to Athena Gold on certain claims comprising the Property. If Firetail successfully earns its 80% interest, the parties will form a joint venture partnership that provides Athena Gold with a 20% free-carried interest until a Definitive Feasibility Study is published.

In addition, the Company is pleased to announce that mobilization for the proposed till program at its Laird Lake project in Red Lake, Ontario, has begun (refer to press release dated April 17, 2025).

‘Our efforts at Excelsior have attracted international interest, and we are pleased that the capable team at Firetail is keen to take on the risk and share the benefits with Athena Gold. The cash and share payments, as well as the exploration spend required for Firetail to earn an 80% interest, surpass the book value of Excelsior. When normalized to a 100% basis from 80%, the total investment approaches our current market capitalization. In addition to our significant shareholding in Firetail, Athena will maintain significant upside in the project through royalties and its 20% free-carried interest to a Definitive Feasibility Study. With Excelsior successfully monetized, we can place our focus on our new flagship project, Laird Lake, where crews have now mobilized for the 2025 field season,’ said Koby Kushner, President & CEO of Athena Gold.

Summary of the Terms of the Agreement

TERM: The term of the Option is five (5) years.

OPTION PERIOD: In consideration for the granting of the right to explore the Property and to purchase the Option Firetail shall pay a non-refundable cash fee of AUD$50,000 within five days from execution of the Agreement. Firetail has three (3) months from execution of the Agreement to determine whether to proceed with exercising the Option.

EXERCISE OF THE OPTION: Firetail can exercise the Option (the ‘Exercise Date’) within the three-month period and acquire the Property by:

  1. Paying AUD$200,000 within five (5) business days of the Exercise Date; and
  2. Issuing 32,000,000 ordinary shares in the capital of Firetail (the ‘Consideration Shares’) within five (5) business days of the Exercise Date. Firetail may at its sole discretion, elect to pay to the Company the value of the Consideration Shares in cash, calculated using the 5-day VWAP of Firetail ordinary shares trading on the Australian Securities Exchange.

Firetail agrees to incur an aggregate of not less than USD$5,000,000 in exploration expenditures on the Property over a five-year period commencing from the Exercise Date. If the Option is exercised, Athena Gold will retain a 20% free-carried interest in the Property until completion of a Definitive Feasibility Study by Firetail.

Potential Joint Venture

Assuming the entering into of a joint venture and prior to, the Company and Firetail agree to enter into a joint venture wherein the Company shall be responsible for 20% of the exploration expenditures on the Property, subject to Firetail having first expended or incurred the initial USD$5,000,000 in exploration expenditures on the Property. On commencement of the joint venture, Firetail will grant a 1% net smelter return royalty to the Company with respect to the production of all metals and minerals from the grounds without pre-existing royalties.

Upon commencement of production, from any and all mineral concessions, interests or rights acquired (collectively, the ‘Interests’), directly or indirectly, within the area of influence, these Interests will be subject to a 1% net smelter return royalty that will be granted to the Company and if any party’s interests are diluted below the 10% percentage share, this party’s said Interest will be converted to an additional 1% net smelter return royalty on the Property.

The Company reserves the right that it may, at its sole election and by providing written notice to Firetail, buy back any royalty that it has granted.

Each party to the joint venture has a right of first refusal on the terms and conditions set out in the Agreement in respect of a transfer of the whole or part of its percentage share and a party may not transfer any part of its percentage share unless and until it has complied with the terms and conditions in the Agreement.

Firetail shall have the option to terminate the Agreement at any time after giving the Company written notice of termination. In the event Firetail does not complete any part of its obligations under the Agreement, the Property will remain with the Company. The Agreement remains subject to the approval of the Canadian Securities Exchange.

About Athena Gold Corporation

Athena Gold is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct additional exploration drilling and studies on its projects across North America. Athena Gold’s Laird Lake project is situated in the Red Lake Gold District of Ontario, covering over 4,000 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au. This underexplored area is road-accessible, located about 10 km west of West Red Lake Gold’s Madsen mine and 34 km northwest of Kinross Gold’s Great Bear project. Meanwhile, its Excelsior Springs Au-Ag project is located in the prolific Walker Lane Trend in Nevada, where it us currently under option by Firetail Resources Limited. Excelsior Springs spans over 1,500 hectares and covers at least three historic mines.

For further information about Athena Gold Corporation and our Excelsior Springs Gold project, please visit www.athenagoldcorp.com.

On Behalf of the Board of Directors
Koby Kushner
President and Chief Executive Officer, Athena Gold Corporation

For further information, please contact:
Athena Gold Corporation
Koby Kushner, President and Chief Executive Officer
Phone: 416-846-6164
Email: kobykushner@athenagoldcorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x 251
Email: cathy@chfir.com

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian and US. securities laws. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future exploration plans, future results from exploration, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: ‘believes’, ‘will’, ‘expects’, ‘anticipates’, ‘intends’, ‘estimates’, ”plans’, ‘may’, ‘should’, ”potential’, ‘scheduled’, or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of the Company’s projects in a timely manner.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this press release or incorporated by reference herein, except as otherwise stated.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Source

Click here to connect with Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNRF) to receive an Investor Presentation

This post appeared first on investingnews.com
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Challenges posed by Trump and Putin push UK to adopt new NATO first defense policy

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The U.K. on Monday announced new plans to overhaul its defensive posture in the wake of Russian President Vladimir Putin’s invasion of Ukraine and potential challenges posed by President Donald Trump’s threat to withdraw U.S. troops from the continent.

British Prime Minister Keir Starmer said he would bring his country to ‘war-fighting readiness’ by investing dozens of billions of dollars in the building of 12 submarines, weapons and munitions manufacturing, AI and other tech, and most notably, a significant investment in nuclear deterrence. 

The announcement came after a Strategic Defense Review by an external board found several areas in the U.K. that need to improve in order to effectively deter aggressors like Russia, as well as North Korea, Iran and China. 

While the review heavily focused on changes that need to be made to the U.K.’s defense readiness, it also identified a need to bolster societal resilience and support.  

‘Our response cannot be confined to increasing defense spending,’ Starmer said in a statement from the report. ‘We also need to see the biggest shift in mindset in my lifetime: to put security and defense front and center—to make it the fundamental organizing principle of government.’

The 144-page plan released by the British government on Monday laid out a new defense strategy to tackle threats ‘more serious and less predictable than at any time since the Cold War.’ 

However, the biggest investment the U.K. revealed in its defense overhaul is a near $20.3 billion commitment to its nuclear warhead program in a move to expand its deterrence level, which, the report said, ‘sends the ultimate warning to anyone who seeks to do us harm.’

The push has been described as a ‘NATO first’ policy that will heavily focus on the immediate threats posed by Russia to the European continent. However, the plan is not a ‘NATO only’ policy.

The U.K. plans to produce a new submarine every 18 months until it secures a fleet of up to 12 nuclear-powered attack submarines under the AUKUS program, which is a trilateral security partnership between Australia, the U.K. and the U.S. – which focuses on security and stability in the Indo-Pacific, particularly in the face of increased Chinese aggression in the region.

Defense Secretary John Healey said, ‘We are in a new era of threat, which demands a new era for U.K. defense.’

Starmer ordered the review last summer, shortly after he secured the top job.

Security experts have warned that the threat Russia poses as it advances its war machine is assessed to be a generational threat, and one that will likely out-live the war in Ukraine or even a Putin presidency, and European nations have been scrambling to react to the new reality. 

The re-election of Trump became another challenge European leaders have grappled with. 

Though Trump pushed NATO leaders to increase their defense spending during his first term, most nations did not meet their GDP defense spending commitments under NATO until after Russia invaded Ukraine.

Now, just eight of the 32 NATO nations do not meet the 2% GDP spending commitments, while five nations, including the U.S. spend more than 3%. 

NATO nations have increasingly called for an increase in defense spending and a push to be less dependent on the U.S.’s military industrial base.

While the U.K. has pledged to spend 2.5% of its GDP on defense by 2027, with an increase to 3% by 2030, Trump has called for NATO nations to spend 5% — though the alliance has not yet agreed to such a plan, which the U.S. also falls short on, spending 3.38% according to figures released in 2024.

The U.K. is also looking to take more of a leadership role in NATO, particularly as the reliability of the U.S. has been called into question amid the war in Russia, and amid threats by Trump that he may drawdown troop numbers in Europe. 

This post appeared first on FOX NEWS
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Lost dog returns home after swimming to island in 100-mile trip

A dog who went missing for more than a month and covered about 100 miles – including a mile-long swim – has finally been returned to her foster home after being rescued at sea.

Five-year-old Amber bolted in late April, a day after arriving in London from Qatar, where she was rescued from the streets.

News of Amber’s escape was posted on social media and around the local area. Numerous sightings were reported and pictures and video clips sent to the rescue service, which enabled them to map Amber’s movements.

“Within the first three weeks she was probably only travelling around 10 miles from where she had gone missing but in different directions,” said Collins.

Pictures and video clips that they received enabled KS Rescue Angels to set up cameras and feeding stations.

“We were doing this for three or four weeks and we always seemed to be one step behind her. Then it all went dark around the four-week mark and we stopped getting any reliable sightings.”

Collins believes this was probably when Amber travelled 30 miles to the coastal town of Poole. Locals had reported sightings there of a stray dog but it was too far away for anyone to make the connection.

Incredibly, Amber managed to swim a mile from the town’s affluent neighbourhood of Sandbanks to Brownsea Island. Managed by the National Trust, Brownsea is a wildlife haven where dogs are not usually welcome.

“She spent three days there and there was a search party from the National Trust, as well as a lady who lived there who put food out for her every night. She probably got spooked by all the people trying to catch her so she tried to swim back to Sandbanks but got into trouble when she got caught in the currents and tide,” Collins said.

Fortunately, however, Amber was spotted by a passing boat.

“She swam to the boat and actually hooked her paws around the ladder on the side,” said Collins. “They couldn’t pull her up because she had actually hooked her paws so tightly, so one of the lads jumped in the water to get in from behind her and push her into the boat.”

Back on dry land, news of the amazing recovery circulated on social media – and eventually reached Collins who recognized Amber from a scar on her nose.

Once she was collected, Amber was checked over by a vet who found she had lost weight but was otherwise well. She is now back with the foster family.

“She’s been very tired but very snuggly,” said Collins. “She’s got a couple of bruises where she’s probably caught herself on barbed wire, thorn bushes or something, but other than that she’s in remarkable condition considering.

“She’s being kept on at least two, possibly three leads at any time in the garden. The foster home is terrified of her getting out again.”

Collins said Amber likely covered about 100 miles during her extended walkies.

Amber will remain with the family for at least a couple of weeks, after which KS Rescue Angels hope she will be rehomed.

“The story has blown up so we’ve had quite a lot of interest from people wanting to adopt her,” said Collins, adding that extensive checks must be carried out. “We need to make sure that whoever she goes to gives her a five-star home and understands that she’s a flight risk.”

This post appeared first on cnn.com
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Halcones Precious Metals Provides Update on Polaris Gold Project, Antofagasta Region Chile

Halcones Precious Metals Corp. (TSX V: HPM) (the ‘Company’ or ‘Halcones’) is pleased to provide an update on progress at its Polaris Gold Project (the ‘Project’ or ‘Polaris’). Halcones’ geologists continue field work at Polaris in preparation for the initial drill program at the Project. Recent work has been primarily focused on detailed structural and alteration mapping and fine tuning the geologic understanding of mineralization controls. This improved geological interpretation will guide the forthcoming drill program, which will be the first drilling by the Company at the Polaris Project.

Halcones’ focus has been on the Northwest section of the North Zone. The North Zone demonstrates a dense concentration of high-grade, outcropping gold samples over an area of at least 400 m by 250 m with many assays above 10 g/t gold (figure 1). The Company is planning an initial drill program of 8 holes to test the continuity of this vein and stockwork hosted mineralization at depth. Drilling will target near-surface mineralization with the holes planned to a depth of approximately 130m below surface. Follow-up drilling will be planned based on results.

Figure 1. Planned Drill Program North Zone

250603_HPM_Fig 1

Ian Parkinson, CEO and Director of Halcones, states: ‘Our excitement towards the exploration potential of the Polaris project continues to grow. We have demonstrated extensive, exceptionally high-grade gold values at surface over a broad area in an area that has never been drilled. Gold is present in structures at surface including veins and stockwork, the planned drill program will test the continuity of this mineralization at depth.’

Figure 2. North Zone Assay Results

250603_HPM_Fig 2

The Company interprets that Polaris holds potential for a large-scale bulk tonnage open-pittable deposit. Gold mineralization hosted in extensive stockworks within the wall rocks adjacent to and between the historically mined, mineralized veins is crucial evidence of the large-scale potential at Polaris. The stockwork mineralization is believed to have a similar genesis to the vein hosted mineralization previously exploited by artisanal miners but was never targeted because it is not visually obvious due to a general lack of associated sulfide minerals. The 17 known past producing small scale mines in the Project area exploited very high-grade veins with no focus on the rocks adjacent to the veins.

Polaris Project Highlights

  • 5,778 ha property proximal to 17 past producing high grade mines that were focused on larger veins and structures dating back to the 1920-30s;
  • Despite a history of widespread mining there has been little modern-day exploration and no evidence of any exploration drilling;
  • Select outcrop chip samples include 29.04, 20.05, 13.08, 10.67, and 8.54 g/t Au, hosted primarily in stockwork (previously reported);
  • A total of 490 outcrop samples have been taken at Polaris. Results to date have demonstrated gold values of more than 1 g/t over a strike length of 3.9 km (figure 3). Much of Polaris remains unexplored and potential exists for additional targets to be identified; and
  • The Project is road accessible and at a modest elevation and is accessible 12 months of the year. Polaris is located near the town of Taltal, Chile.

Next Steps

Halcones management is presently negotiating access agreements with surface landowners to secure access for drilling. Once access is granted, minor prep work is required in advance of the start of the diamond drill program. The North and South zones are immediate priorities for drill testing. The Halcones technical team continues to explore Polaris with the aim of expanding the gold mineralization and prioritizing targets.

Figure 3 Polaris Sample Area

250603_HPM_Fig 3

About The Sampling Process

Using a hammer and a rock chisel, a chip sample is carried out uniformly over at least 1 meter sections, ensuring complete collection and homogeneity in order to achieve proper representation of the sample. The sample is collected perpendicular to the dominant strike of the structures and the sample mass must be a minimum of 2 kg. In the event that the outcrop presents some mineralized structure, an independent sample will be taken only from the mineralized structure and an independent sample from the host rock on both sides of the structure. This process is designed to limit bias due to high grading sample collection.

All samples were bagged and sealed on site and delivered directly by the Project Geologist to ANDES ANALITYCAL ASSAY Laboratory in Copiapó, Chile. After sample preparation at ANDES ANALITYCAL ASSAY Laboratory in Copiapó, split pulp samples were shipped to ANDES ANALITYCAL ASSAY in Santiago, Chile for assaying gold by fire assay (AEF_AAS_1E42-FF), and for analyzing 34 other elements, including silver, by four acids (ICP_AES_AR34m1).

ANDES ANALITYCAL ASSAY is an independent laboratory certified with a global quality management system that meets all requirements of International Standards ISO/IEC 17025:2017 , includes its own internal quality control samples comprising certified reference materials, blanks, and pulp duplicates.

Qualified Person

The scientific and technical information in this news release has been reviewed and approved by Mr. David Gower, P.Geo., as defined by National Instrument 43-101 of the Canadian Securities Administrators. As a consultant to Halcones, Mr. Gower is not considered independent.

About Halcones Precious Metals Corp.

Halcones is focused on exploring for and developing gold-silver projects in Chile. The Company has a team with a strong background of exploration success in the region.

For further information, please contact:

Vincent Chen
Investor Relations
vincent.chen@halconespm.com
www.halconespreciousmetals.com

Cautionary Note Regarding Forward-looking Information

A qualified person, as defined in National Instrument 43-101, has not done sufficient work on behalf of Halcones to classify any historical grades, production or results reported above as current mineral resources or mineral reserves. The historical data should not be relied upon.

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, regarding the prospectivity of the Project, the mineralization of the Project, the Company’s exploration program, the Company’s ability to explore and develop the Project and the Company’s future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Halcones, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Halcones has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Halcones does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a105f9f5-075d-4afb-aee1-99f80221e6e5

https://www.globenewswire.com/NewsRoom/AttachmentNg/d635e22d-85fb-4907-bbab-c12ec8760e36

https://www.globenewswire.com/NewsRoom/AttachmentNg/3e35a7af-fc4b-46d5-a0c5-38b55c65865d

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Charbone Hydrogene Annonce un Financement de Reglements de Dettes par Emission d’Unites pour un Montant Total de 1,3M$

(TheNewswire)

Charbone Hydrogen Corporation

Brossard (Québec) TheNewswire – le 3 juin 2025 — CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d’Amérique du Nord cotée en bourse axée sur la production et la distribution d’hydrogène vert, a le plaisir d’annoncer la clôture de règlements de dettes par émission d’unités s’élevant à 1 342 687 $.

La Société a conclu avec certains fournisseurs sans lien de dépendance pour un montant total de 1 342 687 $ de comptes à payer par l’émission d’unités. Chaque unité offerte, au prix de 0,075 $ l’unité, comprenait une action ordinaire de la Société et un bon de souscription d’action ordinaire . Chaque bon de souscription permettra à son porteur d’acquérir une action ordinaire supplémentaire de la Société à un prix d’exercice de 0,10 $ pendant 12 mois après la date de clôture . Un total de 17 902 489 d’unités seront émises à la clôture, au prix de conversion unitaire de 0,075 $. La Société estime que le règlement des dettes par l’émission de titres est approprié pour progresser vers la production de son projet phare de Sorel-Tracy et pour répondre à la nécessité générale de gérer sa trésorerie avec prudence. Une entente officielle reflétera tout règlement de dette et sera assujetti à l’approbation de la Bourse de croissance TSX. Tous titres émis dans le cadre de ce règlement de dettes sera assujetti à la période de détention légale au Canada de quatre mois.

À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée d’hydrogène vert disposant de capacités stratégiques de distribution de gaz industriels en Amérique du Nord. Tout en poursuivant le développement de son réseau modulaire de production d’hydrogène vert, Charbone s’appuie également sur des partenariats commerciaux pour fournir de l’hydrogène, de l’hélium et d’autres gaz industriels sans les exigences en capital élevées des usines de production. Cette approche améliore les sources de revenus, réduit les risques opérationnels et accroît la flexibilité sur le marché. Charbone reste la seule société purement axée sur l’hydrogène vert cotée en bourse en Amérique du Nord, avec des actions cotées à la Bourse de croissance TSX (TSXV: CH); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

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Charbone Hydrogen Announces Closing of Units for Debt Financing for a Total Amount of $1.3M

(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec TheNewswire – June 3, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘), North America’s only publicly traded pure-play company focused on green hydrogen production and distribution, is pleased to announce the closing of Units for debt settlements amounting to $1,342,687.

The Company has settled with certain arm’s length suppliers $1,342,687 of payables through the issuance of units. Each unit offered, priced at $0.075 per Unit, comprised one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $ 0.10 for 12 months following the closing date. A total of 17,902,489 Units will be issued pursuant to the closing, at a conversion price per unit of $0.075. The Company believes that the settlement of the payables through the issuance of securities is appropriate to advance towards production for its Sorel-Tracy project and the overall need to manage its cash prudently.  A formal agreement will reflect any debt settlement and will be subject to the approval of the TSX Venture Exchange. Any securities issued pursuant to a debt settlement will be subject to a statutory four-month hold period in Canada.

About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company with strategic distribution capabilities of industrial gases across North America. While continuing to develop its modular green hydrogen production network, CHARBONE also leverages commercial partnerships to supply hydrogen, helium, and other industrial gases without the capital-intensive requirements of production facilities. This approach enhances revenue streams, reduces operational risks, and increases market flexibility. CHARBONE remains North America’s only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Benoit Veilleux

CFO and Corporate Secretary

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Trump DOJ investigating Biden-era pardons amid concerns over state of mind

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President Donald Trump’s Justice Department is reviewing the list of people that were granted pardons by former President Joe Biden, amid new concerns about his use of an AutoPen to automatically sign documents, as well as concerns about his state of mind in his final months in office.

Fox News was told Tuesday that Justice Department Pardon Attorney Ed Martin is reviewing a list of Biden-era pardons granted by the president during his final weeks in office.

It is unclear what individual pardons are being reviewed by Martin’s office, though Reuters reported this week that the office is planning to look at the preemptive pardons that Biden granted to his son, Hunter Biden, as well as more than 35 death row inmates whose sentences were changed to life in prison during Biden’s final days in office. 

DOJ officials did not respond to Fox News’s requests for comments on the email or the exact nature of the review

Former President Joe Biden used his final weeks as commander-in-chief to grant clemency and pardon more than 1,500 individuals, in what the White House described at the time as the largest single-day act of clemency by a U.S. president.

But critics took umbrage at the long list of names, noting that it included persons convicted of defrauding U.S. taxpayers of tens of millions of dollars. Many took aim at his use of preemptive pardons to family members and others in Biden’s inner circle.

This is a developing news story. Check back for updates.

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FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

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The FBI is urging members of the public to tip them off about any facilities or individuals who ‘mutilate’ children with surgeries ‘under the guise of gender-affirming care.’

The federal law enforcement agency shared the message Monday on social media.

‘Help the FBI protect children. As the Attorney General has made clear, we will protect our children and hold accountable those who mutilate them under the guise of gender-affirming care,’ the posts on X and Facebook read. ‘Report tips of any hospitals, clinics, or practitioners performing these surgical procedures on children at 1-800-CALL-FBI or tips.fbi.gov.’

Chloe Cole responded to the FBI’s post on X by noting, ‘I’m a detransitioner and I’ve spoken personally with hundreds of others that have been seriously injured by this practice. We want to see this burnt to the ground.’

President Donald Trump issued an executive order earlier this year titled ‘Protecting Children from Chemical and Surgical Mutilation.’ 

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The order noted, in part, that ‘it is the policy of the United States that it will not fund, sponsor, promote, assist, or support the so-called ‘transition’ of a child from one sex to another, and it will rigorously enforce all laws that prohibit or limit these destructive and life-altering procedures.’

In an April memo, Attorney General Pam Bondi noted, ‘The Department of Justice will not sit idly by while doctors, motivated by ideology, profits, or both, exploit and mutilate our children. Under my watch, the Department will act decisively to protect our children and hold accountable those who mutilate them under the guise of care.’

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In a statement provided to Fox News Digital on Tuesday morning, a Justice Department spokesperson noted, ‘As Attorney General Bondi has made clear, this Department of Justice will use every legal and law enforcement tool available to protect innocent children from being mutilated under the guise of ‘care.”

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South Korea’s Lee Jae-myung projected to win election after months of political turmoil, exit poll says

South Korean opposition leader Lee Jae-myung is projected to be the new president following a snap election on Tuesday, according to an exit poll by Korean broadcasters, in a vote held exactly six months after the country’s previous leader declared martial law and plunged the nation into chaos.

The joint exit poll from KBS, MBC and SBS projects that Lee, 60, of the liberal Democratic Party, will win 51.7% of the vote. His main rival, Kim Moon-soo of the ruling conservative People Power Party, is projected to win 39.3% of the vote.

Official results are yet to be announced, but in previous elections the exit polling was closely in line with the final tally.

This election was closely watched and may now offer South Koreans some semblance of political stability after half a year of uncertainty and turmoil as the US ally and economic powerhouse navigated the aftermath of the martial law crisis.

It also comes as South Korea’s export-oriented economy grapples with global events like US President Donald Trump’s tariffs and a potential recession, all without a permanent leader at the helm.

Former President Yoon Suk Yeol declared martial law on December 3 last year in a short-lived power-grab that was halted after lawmakers pushed their way past soldiers into the legislature and voted to block the decree. Yoon was impeached soon after and formally removed from office in April.

In the months since that dramatic night, South Korea’s government has been in disarray, with a revolving door of interim leaders ahead of the snap election.

The acting leader of the Democratic Party, Park Chan-dae, said in an interview Tuesday night that the results of the exit poll reflect “people’s fiery judgement against the insurrection regime.”

Voter turnout reached 79.3%, according to the country’s National Election Commission.

Lee, a divisive figure within Korean politics, emerged early on as the frontrunner, despite recent legal challenges and allegations of corruption and abuse of power. If official results mirror the exit poll, he could be inaugurated as early as Wednesday – and faces a host of issues waiting to be tackled.

South Korea’s economy has stuttered in recent months, with rising costs of living and lower consumption. There are trade talks with the US over Trump’s tariffs, although no deal has been struck yet. There are also national challenges like the country’s aging society and falling birthrate, and geopolitical tensions with China and North Korea.

Lee’s rise to the top

A former underage factory worker from a poor family, Lee became a human rights lawyer before entering politics. He is a former mayor of Seongnam city, home to around 1 million people, and governor of Gyeonggi province, and most recently served as a lawmaker after narrowly losing to Yoon in the 2022 presidential election.

He survived an assassination attempt in January 2024 when a man stabbed him in the neck during a public event in the city of Busan. The injury required surgery, but was not life threatening, officials said at the time.

Later that year, he again made headlines on the night Yoon declared martial law and sent troops to parliament, becoming one of the lawmakers who rushed to the legislature and pushed past soldiers to hold an emergency vote to lift martial law. He livestreamed himself jumping over a fence to enter the building, in a viral video viewed tens of millions of times.

On the campaign trail, often speaking behind bulletproof glass and wearing a bulletproof vest, Lee promised political and economic reforms, including more controls on a president’s ability to declare martial law, and revising the constitution to allow two four-year presidential terms instead of the current single five-year term. He also supports boosting small businesses and growing the AI industry.

He has emphasized easing tensions on the Korean Peninsula while holding onto the longtime goal of denuclearizing North Korea. His aides say human rights will remain central to engagement with Pyongyang, including discussions on returning any living prisoners of war from the 1950-53 Korean War.

But Lee has also been embroiled in controversy, including several ongoing trials for alleged bribery and charges related to a property development scandal.

Separately, he was convicted of violating election law in another ongoing case that alleges he knowingly made a false statement during a debate in the last presidential campaign. The case has been sent to an appeals court.

Opponents accuse Lee of being a polarizing figure in South Korean politics, openly criticizing former President Yoon and blocking legislation proposed by Yoon’s government. Yoon even cited Lee’s Democratic Party and its undermining of the government’s budget bill as a reason for declaring martial law.

Diplomatic recalibration ahead

Lee’s team has pledged to reestablish trust with the US, which his advisers have said was weakened during the martial law crisis.

The Biden administration was caught off guard by the brief challenge to South Korea’s democracy, experts say, after the White House invested significant time to forge a landmark security partnership between Washington, Seoul and Tokyo.

Ahead of the election, Lee’s foreign policy adviser Wi Sunglac said the alliance with Washington would remain the “cornerstone” of South Korea’s diplomacy.

Seoul is also actively negotiating with the US over Trump’s tariffs, which include a 25% levy on South Korean exports and 25% duties on imports of automobiles and steel products. Trump has suggested more duties on semiconductors and pharmaceuticals – all predominant industries for South Korea’s economy.

Relations with China and Russia, strained in recent years, will be managed through “strategic engagement,” with Lee’s camp saying peace and security in the region require ongoing dialogue with both.

This post appeared first on cnn.com
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