Breaking
Your Income Partners
Author

admin

Browsing
Investing

Pentagon Deal Seeks to Create First Large-scale US Gallium Facility

The Trump administration is considering a direct equity stake in a Louisiana-based refinery to establish what officials say would become the only large-scale producer of gallium in the US.

The Department of Defense is set to invest US$150 million in preferred equity in Atlantic Alumina, known as ATALCO, as part of a strategic partnership with an affiliate of Pinnacle Asset Management, according to Bloomberg.

The unannounced deal will fund an expansion of ATALCO’s alumina output and the construction of a new circuit to recover gallium, a critical metal used in military systems and advanced semiconductors.

Under the agreement, ATALCO will pair the Pentagon’s investment with an additional US$300 million from Pinnacle. The US government is also expected to provide additional funding within 30 days of the transaction’s closing.

“This strategic partnership is an essential step in reducing reliance on foreign nations for critical minerals,” ATALCO said.

Once fully built out, the facility is expected to produce more than 1 million metric tons of alumina annually and up to 50 metric tons of gallium per year. Gallium is typically recovered as a by-product of alumina refining, and China currently dominates both global alumina processing and gallium supply.

ATALCO has operated continuously since the late 1950s at its refinery in Gramercy, Louisiana, where it processes Jamaican bauxite into alumina, a fine white powder used in aluminum production.

After the closure of a neighboring refinery in 2020, the facility became the last alumina refinery of its kind in the country. The company says it currently supplies roughly 40 percent of domestic alumina demand.

The investment is a continuation of the Trump administration’s shift toward taking direct financial stakes in companies it views as strategically important in its effort to rebuild a domestic supply chain for rare earths and critical minerals.

Last November, the government backed a US$1.4 billion public-private partnership involving Vulcan Elements and ReElement Technologies, a subsidiary of American Resources (NASDAQ:AREC), to expand domestic rare earth magnet production.

In October, officials explored taking an equity stake in Critical Metals (NASDAQ:CRML), a US-listed company developing Greenland’s Tanbreez rare earths deposit.

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

This post appeared first on investingnews.com
Keep Reading
Investing

Doug Casey: Gold, Silver, Uranium, Oil/Gas — My Focus in 2026

Doug Casey of InternationalMan.com and the podcast Doug Casey’s Take shares his thoughts on gold, silver and more heading into the new year.

Casey, who is also a best-selling author, sees higher prices for both precious metals ahead.

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

This post appeared first on investingnews.com
Keep Reading
Politics

Jack Smith to testify next week at a public House Judiciary Committee hearing

Former special counsel Jack Smith will testify in a hearing before the House Judiciary Committee next week, giving Republican and Democratic lawmakers on the panel a chance to grill him in a public setting on his prosecutions of President Donald Trump.

Smith will appear before the committee on Jan. 22, one month after he sat for a closed-door deposition with the committee and testified for eight hours about his special counsel work, a source familiar told Fox News Digital.

Smith had long said he wanted to speak to the committee publicly, and although Chairman Jim Jordan, R-Ohio, first demanded the deposition, the chairman also said an open hearing was on the table.

Smith investigated Trump and brought two indictments against him over the 2020 election and alleged retention of classified documents. Trump pleaded not guilty and aggressively fought the charges, and Smith dropped both cases when Trump won the 2024 election, citing a Department of Justice policy that discourages prosecuting sitting presidents.

In a public hearing, House lawmakers will be able to question Smith in five-minute increments, whereas in the deposition, each party questioned Smith in one-hour sessions. Politico first reported that Smith would appear for a hearing sometime this month.

Smith gave little new information during his initial meeting with the committee and defended his work.

‘I made my decisions in the investigation without regard to President Trump’s political association, activities, beliefs, or candidacy in the 2024 presidential election,’ Smith said, according to a transcript of the deposition. ‘We took actions based on what the facts, and the law required, the very lesson I learned early in my career as a prosecutor.’

Smith said he followed DOJ policy when his team made the controversial decision to subpoena numerous Republican senators’ and House members’ phone records as part of his 2020 election probe. Smith noted the subpoenas sought a narrow set of data.

‘If Donald Trump had chosen to call a number of Democratic senators [to delay the election certification proceedings], we would have gotten toll records for Democratic senators. So responsibility for why these records, why we collected them, that’s — that lies with Donald Trump,’ Smith said.

The Republicans have said the subpoenas were unconstitutional violations of the speech or debate clause, and they have broadly said the Biden DOJ abused its authority by bringing, in their view, politicized criminal charges against a former president and presidential candidate.

Trump, who has long decried Smith as a ‘thug’ and said he belongs in jail, has said he welcomes Smith at a public hearing.

Asked about Smith’s appearance next week, a representative for Smith provided a statement from one of his lawyers, Lanny Breuer.

‘Jack has been clear for months he is ready and willing to answer questions in a public hearing about his investigations into President Trump’s alleged unlawful efforts to overturn the 2020 election and his mishandling of classified documents,’ Breuer said.

This post appeared first on FOX NEWS
Keep Reading
Investing

10 Biggest Cannabis Stocks in the US and Canada in 2026

After a year of stop‑start policy signals, the US cannabis market ended 2025 with a new wave of attention as US President Donald Trump moved to accelerate federal cannabis rescheduling efforts.

His December executive order directing the attorney general to complete the process of shifting marijuana from Schedule I to Schedule III has energized the sector. At the same time, companies are reshaping product portfolios around changing consumer behavior, with rapid growth in edibles and rising interest in cannabis‑infused beverages as smoke‑free formats gain traction.

With policy catalysts still unfolding and demand trends evolving, many investors are revisiting the space. For those looking to get exposure, starting with the key US and Canadian names held by major cannabis exchange‑traded funds (ETFs) offers a practical way to focus on the largest, most established public operators.

This list of the biggest publicly traded cannabis companies was put together based on the top-weighted cannabis stocks included in the AdvisorShares Pure US Cannabis ETF (ARCA:MSOS) and the Global X Marijuana Life Sciences Index ETF (TSX: HMMJ) as of January 2, 2026. Share price information for the companies was accurate as of that time.

US cannabis market

Cannabis is federally illegal in the US, but state market openings have allowed some operators to thrive. Typically these firms set up vertically integrated businesses with a focus on branded products, retail networks and licenses.

While these companies have adapted to regulatory challenges, they have much to gain from country-level reform in the US, and are eager to see more welcoming federal laws that will allow their businesses to develop further.

Top cannabis stocks in the AdvisorShares Pure US Cannabis ETF

The AdvisorShares Pure US Cannabis ETF provides exposure to public companies exclusively operating within the US cannabis industry. By investing in companies that are working in states with clear guidelines, MSOS gives investors a way to be more selective about the types of cannabis companies they’re investing in.

1. Trulieve Cannabis (CSE:TRUL,OTCQX:TCNNF)

ETF weight: 24.53 percent
Market cap: C$2.28 billion
Share price: C$11.91

Trulieve is a major player in the cannabis industry, with a strong focus on medical cannabis. The company offers a diverse selection of cannabis products, including flower, pre-rolls, concentrates, edibles, topicals and more.

Vertically integrated, Trulieve Cannabis has over 200 dispensaries across the US. It holds a dominant market share in its home state of Florida, and also has a significant presence in Arizona and Pennsylvania.

2. Curaleaf Holdings (CSE:CURA)

ETF weight: 22.25 percent
Market cap: C$2.76 billion
Share price: C$3.58

Cureleaf Holdings also has a significant presence in the US cannabis market, with 158 dispensaries and several cultivation centers across 17 states. The company is also continuing its expansion into the European cannabis sector, with a July 2025 buyout of its minority partner for full control and a partnership with Australia Natural Therapeutics Group to supply medical cannabis to the UK.

Curaleaf has a wide range of brands covering a variety of cannabis product types, including flower, vapes, edibles and hemp-derived THC beverages.

3. Green Thumb Industries (CSE:GTII,OTCQX:GTBIF)

ETF weight: 20.93 percent
Market cap: C$2.57 billion
Share price: C$11.10

Green Thumb Industries is a multi-state operator (MSO) with headquarters in Chicago, Illinois. The company is involved in the entire process of the industry, from cultivating and producing cannabis products to selling them in its own retail stores across the US.

Green Thumb Industries produces and distributes a portfolio of well-known cannabis brands like Rythm, Beboe, Dogwalkers, Incredibles and Doctor Solomon’s.

The company previously owned the intellectual property for these brands. However, following a 2025 strategic transaction, Green Thumb now manufactures them under a long-term licensing agreement with RYTHM (NASDAQ:RYM), which changed its name from Agrify following the deal.

4. Cresco Labs (CSE:CL,OTCQX:CRLBF)

ETF weight: 7.01 percent
Market cap: C$774.16 million
Share price: C$1.74

Cresco Labs is a vertically integrated multi-state cannabis operator in the US. Founded in 2013, it is known for its strong brands like Cresco, High Supply and Good News.

Cresco Labs controls its supply chain from cultivation to retail, offering a wide range of products. While it has its own stores, it focuses heavily on wholesale, getting its products into dispensaries across the country.

5. Glass House Brands (CBOE:GLAS.A.U,OTC:GLASF)

ETF weight: 6.79 percent
Market cap: C$481.48 million
Share price: C$8.97

Glass House Brands is a vertically integrated cannabis company focused on the California market and founded in 2015. The company emphasizes sustainable, low-cost production. Glass House controls its products’ full supply chain, cultivating cannabis in large facilities such as its flagship 5.5 million square foot site in Southern California.

Following a federal immigration raid in July 2025 that significantly disrupted operations and impacted Q3 revenue, Glass House says it has overhauled its labor model and expects to reach full production capacity in Q1 2026.

Canadian cannabis market

In 2018, Canada became the first G7 nation to legalize adult-use cannabis and create its own streamlined program regulated by both federal and provincial powers. Since then, companies working in the country have faced ups and downs in dealing with tight marketing rules, high tax rates and ongoing competition with the unregulated market.

Top cannabis stocks in the Global X Marijuana Life Sciences Index ETF

The Global X Marijuana Life Sciences Index ETF was the first cannabis ETF available in Canada, and it holds a variety of publicly traded companies involved in cannabis, along with several non-flower companies.

While HMMJ does not invest in US-based multi-state operators, it does have exposure to the US market through Canadian companies that have interests in the US cannabis industry. Overall, HMMJ is designed to give investors broad exposure to the cannabis industry, with a particular focus on North American companies.

1. Jazz Pharmaceuticals (NASDAQ:JAZZ)

ETF weight: 10.75 percent
Market cap: US$8.3 billion
Share price: US$136.90

Jazz Pharmaceuticals is a global biopharmaceutical company focused on developing and commercializing medicines for people with serious diseases, often with limited or no other options. It has a diverse portfolio of products in areas like sleep disorders, cancer and epilepsy.

Jazz Pharmaceuticals’ cannabis business stems from its 2021 acquisition of GW Pharmaceuticals and its epilepsy medicine Epidiolex for a whopping US$7.2 billion.

At the American Epilepsy Society 2025 meeting in December, Jazz presented four abstracts on Epidiolex’s non-seizure outcomes and real-world effectiveness in treating rare forms of epilepsies like Dravet syndrome, Lennox-Gastaut syndrome and tuberous sclerosis complex associated epilepsy.

2. Innovative Industrial Properties (NYSE:IIPR)

ETF weight: 10.06 percent
Market cap: US$1.5 billion
Share price: US$24.56

Innovative Industrial Properties is a real estate investment trust that provides specialized real estate opportunities for cannabis companies in 19 states. Its properties mostly consist of processing plants, greenhouses and warehouses, with retail spaces making up a small percentage of its portfolio.

The firm has provided long-term absolute net lease agreements to some of the cannabis industry’s biggest names, including Green Thumb, TILT Holdings (NEO:TILT,OTCQB:TLLTF), Ascend Wellness (CSE:AAWH.U,OTCQX:AAWH) and Curaleaf. The company’s sale-leaseback program has helped cannabis companies access a source of capital, a much-needed workaround in the US where there are fewer traditional financing options.

3. Cronos Group (NASDAQ:CRON,TSX:CRON)

ETF weight: 9.84 percent
Market cap: US$1.02 billion
Share price: US$2.66

Cronos Group is the Canada-based company behind the Spinach, Peace Naturals and Lord Jones cannabis brands. Founded in 2012, its portfolio spans a wide range of affordable products. In Canada, Cronos’ Spinach brand is in the top three for retail sales in the flower and edible categories.

The company also has a presence in Israel and Germany with its brand Peace Naturals. In late 2023, the company re-entered the German medical cannabis market through its partnership with a German medical cannabis company called Cansativa Group. Cronos serves the Israeli market through its subsidiary Cronos Israel.

4. Tilray Brands (NASDAQ:TLRY)

ETF weight: 9.56 percent
Market cap: US$1.84 billion
Share price: US$1.66

Tilray Brands is a pharmaceutical cannabis company headquartered in New York City, with operations spanning Canada, Australia, New Zealand, Latin America, Germany and Portugal. Established in 2013, it was among Canada’s first licensed cannabis producers and has evolved into a global leader in medical and recreational cannabis products. Some of its cannabis brands include Good Supply, Broken Coast and Soleil.

The company operates through several segments, including cannabis cultivation and distribution, and it also owns multiple craft breweries. In 2023, it acquired eight beverage brands and breweries from Anheuser-Busch for US$85 million, expanding into cannabis-infused beverages alongside traditional craft beer.

Recent highlights include a 1:10 reverse stock split in November 2025 and premium vape launches under its Redecan brand.

5. SNDL (NASDAQ:SNDL)

ETF weight: 9.36 percent
Market cap: US$653.8 million
Share price: US$2.54

SNDL, formerly known as Sundial Growers, is the largest private-sector liquor and cannabis retailer on the Canadian market. It cultivates and sells cannabis products under various brands, including Top Leaf, Palmetto, Versus, No Future and more. It focuses on premium indoor cultivation and have a strong presence in the Canadian market.

SNDL has faced financial challenges in the past, but in Q3, the company’s cannabis business revenue grew year-on-year for the 15th consecutive quarter. The company has continued to make strategic investments in 2025, including a deal to acquire 32 cannabis retail stores in two stages.

FAQs for investing in cannabis

Are cannabis stocks worth investing in?

Each investor will have to think and act for themselves to manage their own risk exposure, but it’s no secret that cannabis stocks have taken a beating for some time now. While financial experts point to the long-term upside of US operators as more state markets expand, the stock market has not been kind to these names lately.

Are cannabis stocks considered a high- or low-risk investment?

Cannabis investments are extremely young in the grand scheme of the investment universe. There is an exciting and refreshing element to these stocks, but the market has always been characterized by volatility and unpredictability.

While wild, spontaneous swings in the open market have become less common, cannabis stocks are often moved — both positively and negatively — by big pieces of market news or legalization updates.

Why do people buy cannabis stocks?

Investors may choose to get exposure to the cannabis market as a way to participate in the development of a new drug market with consumer packaged goods capabilities. Some participants are bullish on the industry’s long-term outlook and expect more welcoming laws in the US and across the world to provide upward momentum.

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

This post appeared first on investingnews.com
Keep Reading
Investing

Brixton Metals

Investor Insight

Brixton Metals offers high-impact copper-gold discovery potential at its flagship Thorn Project, supported by strategic investment from BHP and partner-funded exploration on non-core assets with Ivanhoe Electric and Eldorado Gold, providing diversified upside, technical validation and non-dilutive funding.

Overview

Brixton Metals (TSXV:BBB,OTCQB:BBBXF,FRA:8BX1) is a Canadian mineral exploration company focused on copper, gold, silver, and critical minerals across North America. Its flagship Thorn Project in British Columbia is a district-scale project with multiple porphyry and epithermal targets.

In addition to Thorn, Brixton Metals is strategically advancing non-core projects through partnerships and option agreements with companies such as Ivanhoe Electric (NYSE American:IE;TSX:IE) and Eldorado Gold (TSX:ELD,NYSE:EGO). These partnerships provide partner-funded exploration, allowing Brixton Metals to retain upside exposure while conserving capital and strengthening its balance sheet. This approach enables the company to focus on high-impact targets while mitigating exploration risk.

Brixton Metals

Brixton Metals’ management team, led by chairman and CEO Gary R. Thompson, brings decades of experience in resource exploration, project development, and capital markets. The team’s expertise allows the company to efficiently advance multiple projects while maintaining exposure to a diversified portfolio of metals.

With global demand for copper and critical minerals set to surge over the next 25 years—driven by renewable energy, electrification, and industrial decarbonization—Brixton Metals is well positioned to capitalize on this green revolution. By combining discovery potential at its flagship project, strategic monetization of non-core assets, and disciplined exploration, Brixton Metals is advancing toward its next growth milestones while delivering significant value for investors.

Company Highlights

  • Flagship Project: Thorn Project in BC, Canada – a fully owned, district scale copper-gold porphyry project on a 2,945 sq km claim block, on trend with BC’s prolific Golden Triangle.
  • Pipeline Projects: Includes Langis Project (Ontario, Canada), Hog Heaven (Montana, USA), Atlin Goldfields (BC, Canada), providing diversified exposure to copper, gold and silver
  • Partnerships: Strategic option agreements with tier-one companies such as Ivanhoe Electric and Eldorado Gold provide technical validation and fund exploration on non-core projects.
  • Shareholder Base: Strategic investors include, but are not limited to BHP (approx. 14.8 percent) and Crescat Capital
  • Management Expertise: Led by co-founder Gary Thompson, the management team has an average tenure of nearly 15 years, showing significant stability.
  • 2026 Outlook: With a recently closed $12.2 million financing, the company is fully funded for a 2026 program that includes a winter drill campaign at the Langis Silver Project (Ontario) to capitalize on record-high silver prices.

Key Projects

Map showing Brixton Metals

Thorn Project (BC, Canada)

The Thorn Project is Brixton Metals’ flagship project, covering approximately 2,945 sq km in northwestern British Columbia and located on trend of the province’s Golden Triangle, renowned for world-class porphyry and epithermal systems. The project hosts porphyry-style alteration with copper, gold, silver, and molybdenum, with significant exploration potential. The project is accessible via a 45-minute flight from Whitehorse, Yukon.

Map showing mining districts in Canada including Brixton Metals

Project Highlights:

  • Camp Creek Corridor: An 8-kilometer-long northeast-southwest trending corridor that hosts multiple underexplored porphyry-style prospects.
  • Trapper Target: High-grade gold intercepts demonstrate multiple vein systems with near-term resource potential.
  • Catalyst Target: First-ever drilling confirms copper-gold porphyry mineralization, advancing the exploration pipeline.
  • Tempest Target: Initial drilling reveals a multiphase porphyry system with copper-gold-silver-molybdenum mineralization and strong hydrothermal alteration.

Langis and Hudson Bay Projects (Ontario, Canada)

The Langis and Hudson Bay projects are primary silver-cobalt-nickel brownfield opportunities located in the historic Cobalt Mining District of Ontario, which has a regional production history of over 600 million ounces of silver. Both are past-producing, high-grade mines.

Since 2016, Brixton Metals has actively explored these sites, with drilling at Langis yielding over 220 intervals exceeding 100 g/t silver, including high-grade intercepts such as 15,436 g/t silver and 1.98 percent cobalt. The projects benefit from year-round road access and proximity to existing infrastructure, including a railway and the Electra Battery Metals cobalt refinery 10 km away.

Project Highlights:

  • Historic Mineralization: High-grade silver and cobalt intercepts in historical drilling.
  • Strategic Opportunity: Winter drill program to unlock additional shareholder value.
  • Exploration Upside: Property hosts brownfield exploration targets with known mineralization.
  • Critical Minerals Exposure: Adds battery metals to Brixton Metals’ diversified portfolio.

Hog Heaven Project (Montana, USA)

Located in western Montana, Hog Heaven is a historical silver-gold-copper property with significant porphyry potential. Hog Heaven is currently under an earn-in agreement where Ivanhoe Electric can earn up to 75 percent interest through staged cash payments and exploration expenditures. This arrangement provides funding for exploration while retaining Brixton Metals’ upside exposure.

The property contains multiple mineralized zones, including historical drill targets with notable copper, gold, and silver intercepts. Ivanhoe’s initial drilling has confirmed mineralization and highlighted the project’s potential for large-scale porphyry systems. Brixton retains exposure to exploration success while de-risking development costs.

Map showing Brixton Metals

Project Highlights:

  • Option Agreement: Ivanhoe Electric can earn up to 75 percent through funding exploration expenditures of US$40 million and cash payments of US$4.5 million to Brixton.
  • Mineralization: Historical drilling confirms copper, gold, and silver mineralization across multiple targets.
  • Exploration Focus: Targets include porphyry-style and epithermal systems.

Atlin Goldfields Project (British Columbia, Canada)

The Atlin Goldfields Project is located in northwestern British Columbia, an area historically known for placer gold production, offering strong potential for hard-rock gold discoveries. Brixton Metals has optioned the project to Eldorado Gold, which is funding exploration activities under a structured earn-in agreement.

Exploration at Atlin focused on identifying orogenic and intrusion-related gold targets, with early work confirming continuity of mineralization in key areas. The property benefits from proximity to historic mining infrastructure and geology conducive to high-grade gold zones, providing an attractive exploration and growth opportunity.

Project Highlights:

  • Option Agreement: Eldorado Gold can earn 100 percent interest through staged exploration and cash payments: C$1.1 million cash and $5.35 million in work over five years. At the end of the option period, Eldorado has the right to exercise the option to acquire 100 percent ownership for a final cash payment of C$7 million.
  • Historic Production: Located near areas of historic placer gold production, indicating strong geological potential.
  • Exploration Targets: Focused on orogenic and intrusion-related gold deposits with high-grade potential.
  • Fully Funded Program: Partner-funded exploration reduces capital requirements while advancing project knowledge.

Management Team

Gary R. Thompson – Chairman, CEO, President and Director

Gary Thompson is a co-founder of Brixton Metals with over 25 years of experience in the resources sector, spanning precious and base metals, oil and gas, and geothermal energy. He has led public companies since 2006 and has held senior roles in both junior and major mining companies, including Newmont Mining, NovaGold Resources, and Encana Corporation. Thompson took Cayley Geothermal public in 2006 through the acquisition of Sierra Geothermal Power and served as CEO until its acquisition by Ram Power in 2010.

Cale Moodie – CFO and Director

Cale Moodie, a co-founder of Brixton Metals, has over 15 years of public markets experience. A CPA and serial entrepreneur, he has served as founder, CEO, CFO, director, and audit committee chair for multiple publicly traded companies on the TSXV and CSE. Moodie holds a Bachelor of Science from UBC and earned his CPA designation while working at KPMG in Vancouver. He has been involved in over $150 million in financings for resource and technology companies.

Michael Rapsch – Vice-president, Investor Relations

Michael Rapsch has over 18 years of capital markets experience in the resource sector, including senior roles in corporate communications and corporate development. He led investor relations and marketing programs for SilverCrest Mines until its acquisition by First Majestic in 2015, and from 2015 to 2018 managed investor relations for SilverCrest Metals, owner of the Las Chispas silver-gold project in Mexico. In 2019, he founded Cologne Communications, providing investor relations consulting to publicly traded resource companies, and has been instrumental in capital raises and market communications throughout his career.

This post appeared first on investingnews.com
Keep Reading
Investing

Allied Critical Metals Announces Receipt of Environmental Permit for the Borralha Tungsten Project in Portugal

APA) has issued a Favourable Environmental Impact Declaration, subject to standard regulatory conditions (Declaração de Impacte Ambiental Favorável Condicionada – ‘DIA’) for its 100% owned Borralha Tungsten Project, located in the Municipality of Montalegre in northern Portugal.

The receipt of the DIA is in addition to the Company’s receipt of a formal Letter of Recognition from the idD Portugal Defense, the Portuguese public entity overseeing the nation’s Defense Industry, that acknowledges Allied’s leadership role in re-establishing tungsten production in Portugal. idD Portugal Defense has endorsed Allied’s Borralha Tungsen Product as a strategic initiative of national importance with direct impact on Portugal’s and Europe’s defense supply chains.

This key regulatory milestone clears a major hurdle in the Company’s path toward development and eventual production, strengthening Allied’s ability to advance the Borralha Project – one of Europe’s most significant tungsten assets – within a responsible environmental and social governance framework.

Highlights

  • Favourable Environmental Impact Declaration (DIA) has been formally issued by the Portuguese Environment Agency (the ‘APA’) for the Borralha Tungsten Project, subject to standard regulatory conditions.

  • Major permitting milestone achieved, enabling advancement to the Project of Execution and RECAPE (Environmental Compliance Report of the Execution Project) stage and subsequent licensing phases.

  • Strategic tungsten project within the European Union (EU), aligned with the EU Critical Raw Materials Act, supporting diversification of supply for critical industrial and defense-related applications.

  • Greenlights proposed modern underground mining development, incorporating closed-loop water management, filtered dry-stacked tailings and comprehensive environmental monitoring and mitigation measures.

  • Opportunity to contribute to regional economic development in the Municipality of Montalegre, northern Portugal, through employment, local procurement and long-term investment.

  • The Company is on pace with its project development aiming towards an industrial scale processing plant at Borralha, expected to be completed and in production by the end of 2027.

The DIA confirms the environmental acceptability of the Borralha Project and represents a significant regulatory milestone. The approval allows the Project to advance to the Project of Execution and Environmental Compliance Report stage (RECAPE) and to subsequent licensing phases, in accordance with Portuguese environmental and mining legislation.

Roy Bonnell, CEO and Director of Allied, commented: ‘The issuance of the Environmental Impact Declaration for the Borralha Project represents an important regulatory milestone for Allied. This approval reflects the quality of the technical and environmental work completed to date and allows the Company to advance the Borralha Project into the next stage of permitting and detailed engineering, subject to compliance with the conditions set out by the Portuguese authorities.’

João Barros, President, COO and Director of Allied, commented: ‘The Borralha Project is part of Portugal’s mining history, and this approval creates the conditions for a new chapter based on modern environmental standards, transparency and respect for local communities. The Borralha Project offers an opportunity to address historical environmental legacies while generating skilled employment and economic activity in the interior of the country. The Company is fully committed to working closely and constructively with local communities, the municipality and public authorities throughout all stages of the Borralha Project.’

Project Overview and Strategic Context

The Borralha Project is an underground mining development, targeting the production of tungsten, with by-products copper and tin concentrates. Tungsten is designated as a critical raw material under the European Union Critical Raw Materials Act (Regulation (EU) 2024/1252) and is used in a range of industrial, energy transition and defence-related applications.

The Company considers the Borralha Project to have the potential to contribute to European supply diversification of tungsten and to Portugal’s role in the development of strategic raw material supply chains within the European Union and allied markets.

Environmental Assessment and Project Design

The environmental approval was based on an Environmental Impact Assessment that evaluated the Borralha Project’s potential effects on environmental, social and cultural factors and identified mitigation, monitoring and compensation measures to be implemented during construction, operation and closure.

Key design features assessed as part of the EIA includes:

  • Underground mining with limited surface disturbance;

  • Closed-loop water management systems;

  • Filtered tailings with dry stacking;

  • Environmental monitoring and contingency plans;

  • Rehabilitation of historical mine waste and legacy environmental liabilities; and

  • Protection of water resources, ecosystems and cultural heritage.

The APA concluded that, subject to the implementation of prescribed conditions, the Project may proceed from an environmental perspective.

The APA’s favorable decision represents a significant de-risking milestone for the Borralha Project and reflects the extensive and rigorous work undertaken during the Environmental Impact Assessment process. The EIA was coordinated and led by João Barros, on behalf of the project partners, and delivered through the dedicated efforts of Allied’s technical team, supported by a range of specialized national and international consulting partners with expertise in mining engineering, geology, environmental sciences, ecology, water resources, social impact, cultural heritage and risk assessment. This collective technical effort underpinned the robust assessment framework that ultimately supported the positive environmental decision issued by the APA.

Regional and Socioeconomic Considerations

The Borralha Project is located in the Parish of Salto, including the village of Borralha, within the Municipality of Montalegre. The Borralha Project is expected, subject to further permitting and development decisions, to generate direct and indirect employment, support local and regional suppliers and contribute to economic activity in an interior region of Portugal.

As required under the DIA, the Company will develop and implement social development, community engagement and environmental monitoring programmes during the next phases of project development.

Next Steps

Following receipt of the DIA, the Company intends to:

  • Prepare the Borralha Project of Execution and RECAPE documentation;

  • Advance detailed engineering and technical studies;

  • Undertake additional environmental and social studies required by the approval conditions; and

  • Continue engagement with regulatory authorities and local stakeholders.

There can be no assurance that subsequent permits will be granted or that the Project will proceed to construction or operation.

About Allied Critical Metals Inc.

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal. Tungsten has been designated a critical metal by the United States and other western countries, as they are aggressively seeking friendly sources of this unique metal. Currently, China, Russia and North Korea represent approximately 87% of the total global supply and reserves. The Tungsten market is estimated to be valued at approximately U.S.$5 to $6 billion, and it is used in a variety of industries such as defense, automotive, manufacturing, electronics, and energy.

ON BEHALF OF THE BOARD OF DIRECTORS
‘Roy Bonnell’

Roy Bonnell
CEO and Director

For further information or investor relations inquiries, please contact:

Dave Burwell
Vice President, Corporate Development
Email: daveb@alliedcritical.com
Tel: 403-410-7907
Toll Free: 1-888-221-0915

Please also visit our website at www.alliedcritical.com.

Also visit us at:

LinkedIn: https://www.linkedin.com/company/allied-critical-metals-inc/
X: https://x.com/@alliedcritical/
Facebook: https://www.facebook.com/alliedcriticalmetals/
Instagram: https://www.instagram.com/alliedcriticalmetals/

The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains ‘forward-looking statements’, including with respect to the use of proceeds. Wherever possible, words such as ‘may’, ‘would’, ‘could’, ‘should’, ‘will’, ‘anticipate’, ‘believe’, ‘plan’, ‘expect’, ‘intend’, ‘estimate’, ‘potential for’ and similar expressions have been used to identify these forward-looking statements. These forward-looking statements reflect the current expectations of the Company’s management for future growth, results of operations, performance and business prospects and opportunities, including the timing for an industrial scale process plant at Borralha, if at all, and involve significant known and unknown risks, uncertainties and assumptions, including, without limitation, those listed in the Company’s Listing Statement and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed under the Company’s profile at www.sedarplus.ca). Examples of forward-looking statements in this news release include, but are not limited to, statements regarding the proposed timeline and use of proceeds for exploration and development of the Company’s mineral projects as described in the Company’s news releases, and corporate presentations. Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s most recently filed management’s discussion and analysis, all as filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise, except as required by law.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280076

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com
Keep Reading
Investing

Syntheia Signs Non-Binding LOI for SATCOM Acquisition

Syntheia Corp. (CSE: SYAI,OTC:SYAIF) (‘Syntheia’ or the ‘Company’) (Syntheia.ai), a leading provider of conversational AI solutions for inbound telephone call management, is pleased to announce that it has entered into a non-binding letter of intent (the ‘LOI’), dated January 12, 2026, with CX1 Capital Inc. to acquire Wunderlich Group LLC, dba Satcom (collectively, known as ‘Satcom’), and certain of its assets (the ‘Proposed Transaction’). The Proposed Transaction is expected to be structured as a share purchase of Satcom, but is subject to the receipt of tax, corporate and securities law advice by both parties.

Acquisitions Terms:

It is anticipated that Satcom will be acquired for consideration from Syntheia of US$5.5M in a combination of:

  • US$1,450,000 cash payment on closing pro rata to the Satcom shareholders;
  • Promissory notes to be issued pro rata to the shareholders of Satcom in the aggregate amount of US$2,220,000; and

The Company will also pay up to US$4,500,000 in a performance earn-out to Satcom to be satisfied through a combination of additional cash, promissory notes and issuance of common shares.

‘With the CCG acquisition now fully integrated and revenue producing, we are pleased to announce our second proposed acquisition, Satcom,’ commented Tony Di Benedetto, CEO of Syntheia.

The LOI contemplates that the parties will draft, finalize and execute a binding definitive agreement (a ‘Definitive Agreement‘) respecting the Proposed Transaction and the entering into of a Definitive Agreement are subject to mutual due diligence investigations. The Company expects to provide an update respecting the Proposed Transaction, any required shareholder and regulatory approvals, any related financings and the status of the Definitive Agreement in due course.

The common shares of the Company issuable in the Proposed Transaction will be issued subject to applicable securities laws, the policies of the CSE and such escrow, pooling, voluntary stock restriction, earn-out or similar agreements as the parties may agree upon. No finder’s fees are payable by either party in connection with the Proposed Transaction. The Proposed Transaction is subject to a number of conditions, including but not limited to, the parties successfully entering into the Definitive Agreement; the receipt of all necessary approvals, including the approval of the CSE; and certain other closing conditions, including the completion of satisfactory due diligence by both the Company and Satcom.

About Satcom

For more than two decades, SatCom has been a trusted partner in delivering customer engagement solutions. Today, as SatCom CX, we are reinvented — powered by a new leadership team, modern technology, and an expanded global footprint. With operational hubs in San Salvador (El Salvador) and Port of Spain (Trinidad) alongside our U.S. headquarters in Fort Myers, Florida and our Canadian headquarters in Toronto, Canada — we are uniquely positioned to serve clients across the Americas and beyond.

About Syntheia

Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Syntheia is deploying our technology to call centers to enhance customer satisfaction while dramatically reducing turnover and traditional staffing issues.

For further information, please contact:

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

Cautionary Statement

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

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release includes, but are not limited to, the synergies derived from the acquisition of BTC. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning the business of the Company’s future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.

Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company’s listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280139

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com
Keep Reading
Investing

Brixton Metals: Diversified Exposure to Copper, Gold and Silver Projects in North America

Brixton Metals (TSXV:BBB,OTCQB:BBBXF,FRA:8BX1) is a Canadian mineral exploration company focused on the discovery and development of copper, gold, silver, and critical minerals across North America. Its flagship Thorn Project in British Columbia is a large, district-scale property hosting multiple high-priority porphyry and epithermal targets.

Beyond Thorn, Brixton Metals is advancing non-core assets through strategic partnerships and option agreements with industry leaders including Ivanhoe Electric (NYSE American:IE;TSX:IE) and Eldorado Gold (TSX:ELD,NYSE:EGO). These partner-funded programs preserve capital while retaining upside exposure, strengthening the balance sheet and allowing Brixton to focus on high-impact exploration opportunities with reduced risk.

Map showing mining districts and projects in northwestern Canada. including Brixton Metals

The Thorn Project is Brixton Metals’ flagship asset, spanning approximately 2,945 square kilometres in northwestern British Columbia along the same mineralized trend as the province’s famed Golden Triangle, one of the world’s most prolific regions for porphyry and epithermal deposits. The district-scale property hosts widespread porphyry-style alteration with copper, gold, silver, and molybdenum mineralization, offering substantial exploration upside. The project is readily accessible via a 45-minute flight from Whitehorse, Yukon.

Company Highlights

  • Flagship Project: Thorn Project in BC, Canada – a fully owned, district scale copper-gold porphyry project on a 2,945 sq km claim block, on trend with BC’s prolific Golden Triangle.
  • Pipeline Projects: Includes Langis Project (Ontario, Canada), Hog Heaven (Montana, USA), Atlin Goldfields (BC, Canada), providing diversified exposure to copper, gold and silver
  • Partnerships: Strategic option agreements with tier-one companies such as Ivanhoe Electric and Eldorado Gold provide technical validation and fund exploration on non-core projects.
  • Shareholder Base: Strategic investors include, but are not limited to BHP (approx. 14.8 percent) and Crescat Capital
  • Management Expertise: Led by co-founder Gary Thompson, the management team has an average tenure of nearly 15 years, showing significant stability.
  • 2026 Outlook: With a recently closed $12.2 million financing, the company is fully funded for a 2026 program that includes a winter drill campaign at the Langis Silver Project (Ontario) to capitalize on record-high silver prices.

This Brixton Metals profile is part of a paid investor education campaign.*

Click here to connect with Brixton Metals (TSXV:BBB) to receive an Investor Presentation

This post appeared first on investingnews.com
Keep Reading
Politics

Jeffries says DHS Secretary Noem ‘should be run out of town’ amid ICE shooting backlash

House Democratic Leader Hakeem Jeffries, D-N.Y., directed some heated remarks at a Trump administration Cabinet official whose department has been dominating headlines in recent weeks.

‘What is clear is that Kristi Noem is completely and totally unqualified. She should have never been confirmed by Senate Republicans,’ Jeffries said of the Department of Homeland Security (DHS) secretary during a Monday press conference. ‘It’s disgraceful that she’s there. She should be run out of town as soon as possible.’

Criticism against Noem, DHS, and Immigrations and Customs Enforcement (ICE) has intensified on the left in the wake of a deadly ICE-involved shooting in Minneapolis last week.

An ICE agent shot and killed a U.S. citizen, 37-year-old Renee Nicole Good, who allegedly presented a threat to ICE agents as they attempted to conduct enforcement operations. Partisan fissures have since erupted over which side was acting improperly when the deadly incident occurred.

‘Kristi Noem, the Department of Homeland Security and ICE, they’re totally out of control. And the American people want these extremists to be reined in,’ Jeffries said on Monday.

He said Good ‘should be alive today’ and accused both Noem and the ICE agent who shot Good of a ‘depraved indifference toward human life.’

Video of last week’s incident appears to show Good’s car making contact with the ICE agent who shot her before he opened fire. Arguments have since raged over whether she was deliberately getting in the way or even weaponizing her car, or whether she was trying to drive away.

Federal officials like Noem have defended the agent as acting in self-defense while accusing Good of trying to actively impede ICE activity in the Democrat-controlled city.

Democrats, including Minneapolis Mayor Jacob Frey and Minnesota Gov. Tim Walz, have accused ICE and Republican officials of stoking fear and tension in the city while demanding the federal government cease current operations there immediately.

Now Democrats in Congress have been threatening to withhold support from funding DHS unless significant reforms are made — a threat Jeffries alluded to during his press conference.

‘What’s in front of us right now is a spending bill that will go either one of two ways. Either Republicans will continue their my-way-or-the-highway approach as it relates to the Homeland Security bill — and if that happens, then it’s going to be on them to figure out a path forward,’ Jeffries began.

‘Alternatively, particularly in the face of the tragedy…there’s some commonsense measures that need to be put in place so that ICE can conduct itself in a manner that is at least consistent with every other law enforcement agency in the United States of America, at the state, local and federal level.’

The deadline to finish federal funding and avert a partial government shutdown is at the end of day on Jan. 30.

Fox News Digital reached out to DHS for a response.

This post appeared first on FOX NEWS
Keep Reading
Politics

Trump turns to Musk amid Iran blackout, rekindling ties after months of thawing tension

Tech billionaire Elon Musk is increasingly drifting back into President Donald Trump’s MAGA orbit after their public blowup in June 2025 led to months of icy distance between the pair.

That thaw surfaced publicly again over the weekend. Trump mentioned Musk by name Sunday when asked by the media whether he would lean on Starlink, Musk’s satellite internet constellation, to help deliver internet access to Iran as citizens take to the streets in mass protests against Ayatollah Ali Khamenei’s regime.

‘We may get the internet going if that’s possible,’ Trump told the media Sunday while aboard Air Force One. ‘We may speak to Elon. Because, as you know, he’s very good at that kind of thing. He’s got a very good company. So we may speak to Elon Musk.’ 

The president added, ‘I’m gonna call him as soon as I’m finished with you.’ 

SpaceX did not immediately respond to Fox Digital’s request for comment on the president’s remarks. 

Trump’s comment is the latest signal that the Trump–Musk friendship is warming after months of the pair spatting or having cordial interactions — a stark contrast to their cozy relationship while on the 2024 campaign trail and the early days of the administration. 

When asked Monday for updates on the president’s friendship with Musk, and if Trump’s comments were more reflective of the urgency in Iran, the White House directed Fox Digital to Trump praising Musk Jan. 4. 

‘Elon’s great. I say about Elon, he’s 80% super genius, and 20% he makes mistakes. But he’s a good guy. He’s a well-meaning person,’ Trump said of Musk while aboard Air Force One Jan 4. 

Trump’s comments follow the pair sharing a ‘lovely dinner’ together at Mar-a-Lago in Florida, Musk reported on X at the time. 

Just roughly a year ago, Musk was described as Trump’s ‘first buddy,’ as the media took note of the pair’s close working relationship, which included Musk serving as a special employee of the federal government as Trump unleashed the Department of Government Efficiency (DOGE). Special government employees are commonly experts that the federal government hires on a temporary basis for no more than 130 days a year. 

Musk would sleep at the White House on late work nights, attend Cabinet meetings and become a common face on the White House campus when he served as the public leader of DOGE — the government office Trump established in January 2025 to seek out and end potential fraud, waste and mismanagement within the federal government. 

‘He’s one of the greatest business leaders and innovators the world has ever produced,’ Trump said in May, when Musk’s tenure as a special government employee ran dry of its 130 days. ‘He stepped forward to put his very great talents into the service of our nation, and we appreciate it.’

Days later, Musk began publicly criticizing the ‘big, beautiful bill’ — a massive tax and spending package that advanced Trump’s agenda on taxes, immigration, energy, defense and the national debt — as a ‘disgusting abomination.’ 

Musk warned on X it would be the ‘BIGGEST DEBT ceiling increase in HISTORY’ — then escalated the spat with a personal jab that ‘@RealDonaldTrump is in the Epstein files.’

Trump told the media that he was disappointed in Musk’s comments, while the tech billionaire reeled in some of his commentary, remarking he sometimes ‘went too far.’ The president said in 2025 that his relationship with Musk changed when he began discussing plans to eliminate the electric vehicle mandate, which would affect Musk’s signature electric company, Tesla.

The pair abruptly parted ways in June. Musk has sporadically signaled support for the Trump administration, including just weeks later in July when he praised Trump’s actions in Israel to end the war with Gaza. 

Trump signed the ‘big, beautiful bill’ into law on the Fourth of July. 

Their relationship has been on an apparent mend since at least September 2025, when the pair was seen sitting next to each other and chatting during Turning Point USA founder Charlie Kirk’s memorial service in Arizona following his shocking assassination.

Musk attended a White House dinner for Crown Prince Mohammed bin Salman of Saudi Arabia on Nov. 18, 2025, and Trump told the media in December 2025, ‘I like Elon a lot,’ but said he was unsure if the tech leader was back in his friend circle following the June fallout. 

This post appeared first on FOX NEWS
Keep Reading