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Three dead after shooting in Sweden, police say

At least three people were killed in a shooting in the city of Uppsala, Sweden on Tuesday, police said in a statement.

The deaths are being investigated as a homicide, police said, adding that the victims’ next of kin have not yet been notified.

A large police operation is underway near Uppsala’s Vaksala Square, public broadcaster SVT reported, adding that the suspect is believed to have fled the scene on an electric scooter.

Members of the public reported hearing loud bangs that resembled gunshots in the area, police said in a statement earlier on Tuesday. Several people were found with injuries that indicated gunshots, the statement said.

“We have received several reports of bangs in the area. That is what we can say at this time. I cannot say more,” Magnus Klarin, a spokesperson for the Swedish police, said before the deaths were confirmed, according to SVT.

The motive behind Tuesday’s incident is not yet clear. Earlier this year, the European Parliament said that Sweden is “currently battling a wave of gang violence.”

In 2023, Sweden had the highest rate of deadly gun violence per capita in the European Union, according to Reuters. In 2024, at least 40 people were shot dead in the country of only 10 million people – down from a peak of 63 people shot dead in 2022.

Although Sweden has high rates of gun ownership by EU standards, Swedes have to obtain a license before being allowed to own a weapon and the country places tight restrictions on eligibility.

Tuesday’s shooting comes just months after a gunman opened fire at an adult education center in the Swedish city of Örebro, in what the country’s prime minister called the “worst mass shooting in Swedish history.”

A total of ten victims were killed in the attack, which took place in February, and another six people were injured.

This story has been updated.

This post appeared first on cnn.com
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RemSense Technologies: Enabling Industrial Digital Transformations

RemSense Technologies Limited (ASX:REM) is an Australian technology company driving digital transformation in asset-intensive industries through advanced asset visualisation and drone services. Founded in 2006 as a developer of drone systems for the defence and industrial sectors, RemSense expanded into professional drone services in 2012.

In 2019, the company broadened its focus to include high-resolution 3D asset capture and visualisation, leading to the creation of its flagship platform, virtualplant. This evolution reflects broader trends in digital transformation across sectors such as energy, resources, infrastructure, and utilities. RemSense was listed on the Australian Securities Exchange in 2021.

Growth of RemSense Technologies

RemSense is strongly positioned to capitalise on the accelerating adoption of digital twin technologies, particularly across the mining, oil and gas, manufacturing, utilities, defence, marine, and aerospace sectors. As these industries increasingly turn to digital solutions to enhance safety, reduce costs, and optimise asset management, demand for RemSense’s innovative offerings continues to grow.

Company Highlights

  • Profitable Growth: Delivered $3.12 million in revenue in H1 FY25 – a 178 percent increase year-over-year
  • Tier-1 Client Base: Trusted by major global operators including Chevron, Newmont and Woodside Energy for digital twin and drone technology services.
  • Flagship Platform – virtualplant: A scalable, cutting edge digital twin solution providing real-time operational insights for industrial facilities and infrastructure.
  • Strong legacy drone operations: RPAS Services features CASA-certified pilots and a fleet of custom-engineered drones supporting multiple industrial applications.
  • Serving Critical Industries: Solutions deployed across energy, resources, utilities and infrastructure sectors undergoing rapid digital transformation.

This RemSense Technologies profile is part of a paid investor education campaign.*

Click here to connect with RemSense Technologies (ASX:REM) to receive an Investor Presentation

This post appeared first on investingnews.com
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What Does a Liberal Win Mean for Canada’s Mining Sector?

The Liberal Party of Canada has emerged as the federal election winner under Prime Minister Mark Carney.

Carney, who ran the Bank of Canada from 2007 to 2013 and the Bank of England from 2013 to 2020, won the Liberal Party leadership race in March, following the resignation of former Prime Minister Justin Trudeau on January 6.

In what turned out to be a tight race, his party claimed a narrow victory over the Conservative Party of Canada, led by Pierre Poilievre, winning 168 seats to the Conservatives’ 144.

The win comes against a backdrop of strong rhetoric from US President Donald Trump, who since the start of the year has vowed to impose broad tariffs against Canadian goods, many of which are derived from the natural resource sector.

The mining sector is a major contributor to Canada’s economy. In 2022, the industry represented nearly 20 percent of Canada’s gross domestic product and C$422 billion in exports.

Although the mining market has been overshadowed by key issues of taxation, immigration and Trump, Canada’s natural resource development played an important role in the platforms of the two main parties.

Here’s how they stack up.

The Liberal Party plan

After a decade in charge, the Liberal party seemed to be facing an uphill battle at the start of the year, but a change in leadership brought about a reversal and has made the party more competitive in the polls.

Often regarded as an anti-oil party, the Liberal government has overseen an expansion of the resource sector in Canada, which has seen significant investment with the purchase and expansion of the Trans-Mountain pipeline.

In the run-up to the election, the party made grand promises to protect the environment, drive innovation and build the economy on the back of a strong natural resource sector. How does the Liberal Party plan to achieve this?

A focus on critical minerals

A main focus in the Liberal party platform has been on developing critical mineral projects.

This includes a “rock to road” approach, including the creation of a first and last mile fund that will provide up to C$750 million in funding by 2029 for onsite development, processing, and refining capacity. The fund will also invest in exploration activities, mineral recovery from mining waste, and end-of-life products like batteries.

It comes in addition to the party proposing a broader strategy for the critical mineral exploration tax credit that would include minerals necessary for defence, semiconductors, and energy production.

In its current format, the program provides investors with a 30 percent tax credit for critical mineral exploration projects. It was meant to stimulate funding for early-stage exploration projects that seek to find 15 minerals, such as rare earth elements, copper, cobalt, nickel, and titanium.

The platform did not include which new minerals would be added to the list.

In addition to supporting the discovery of new resources, the platform also includes a change to the clean technology investment tax credit, which would provide a break for investments in brownfield critical mineral projects.

Other initiatives include supporting the Canadian steel, aluminum, and forestry industries through a Canadian-standard approach to federal infrastructure and defence procurements and also stimulating downstream industries.

Streamlining permitting and trade

A major factor for resource companies before the election was the development times for new projects in Canada that could extend more than 10 years.

Permitting played a significant role in those timelines, and while the Canadian government has worked to get decisions down to five years, it hasn’t really moved the needle much.

The Liberal Party platform works to address this by creating a “one window” process that moves the review’s focus from the why to the how. The new system would require decisions to be made within a two-year timeline, including projects that fall under multiple laws or departments.

This would speed up the development of a breadth of resource projects from mining to oil and gas.

In addition to permitting, the party has also proposed economic corridors that would host diverse infrastructure projects, including energy, railways and highways. One key area would see Canada’s north being opened by a link from Yellowknife to the port at Grays Bay in Nunavut.

The Liberal platform has also proposed creating its own carbon border adjustment mechanism (CBAM). It will function similarly to what is in place in Europe and will tax higher carbon imports at a higher rate than domestic producers who have invested in lower carbon technologies.

A Canadian CBAM would also work to meet European standards and allow for more streamlined trade.

The Conservative Party plan

Conservatives have long been viewed as a pro-resource sector party. Their history has seen significant support for oil and gas companies through tax credits and loosening environmental regulations.

However, these initiatives were under the then-leader Stephen Harper more than a decade ago. They came before the start of the energy transition and a broader focus on the environment.

Could a Conservative Party of Canada policy found the balance between Canada’s environmental commitments and improving development within the resource sector?

A shift in legal frameworks

Among the first acts under a Conservative-led government would have seen them repealing two pieces of legislation introduced by the Liberals under Justin Trudeau.

The first, C-48, also known as the Tanker Moratorium Act, would once again allow tankers carrying greater than 12,500 metric tons of oil product to access ports along the North Coast of British Columbia.

The original act, passed in 2019, restricted the size of vessels carrying heavy crude products between the BC border with Alaska and the northernmost point of Vancouver Island. It still allows for transporting refined petroleum products and liquified natural gas and doesn’t limit the transport of any products along BC’s south coast.

Conservatives have opposed the bill since it was introduced, saying that it stymied the development of Canadian pipelines and limited Alberta oil’s access to Asian markets.

The other legislation being targeted under the Conservative plan was Bill C-69, which the Conservative Party colloquially referred to as the “No more development law.”

The law, passed in 2019, was designed to provide more consultation and federal review of major energy projects, and consider impacts on the environment, health, the economy and indigenous rights.

Opposition suggests that the law limits the construction of projects in the national interest, specifically pipelines to the East Coast.

The Conservative plan would also have eliminated or reduced taxes on the Canadian resource sector, including the industrial carbon tax and the federal fuel and electricity taxes. The party claimed the cuts should be made to be more competitive with the US. However, the plan never addressed trade with other regions, particularly Europe, which requires some form of carbon tax on imported minerals and resources.

How would Conservatives have supported the resource sector?

As part of its platform, the Conservative Party vowed to “unleash Canadian energy and resources.”

In addition to promising to repeal laws focused on the oil and gas sector, the party also promised to create a national energy corridor. Along the corridor, key infrastructure projects like pipelines, railways, and transmission lines would have received fast-tracked approvals, allowing for more rapid development.

The idea would have created more pipeline and resource infrastructure across Canada. However, the platform never discussed how it would work with Quebec, which has remained firm about not allowing pipelines.

The Conservatives also vowed to cut red tape by creating a “one and done” approval process. The streamlined approach to regulatory approvals would have created a single application that included environmental reviews. The plan also proposed that the federal government partner with the provinces to deliver decisions within a maximum of one year.

Regarding direct funding initiatives, the party lacked details. The only infrastructure spending involved an investment to construct a roadway for Ontario’s Ring of Fire region. The platform suggested this would entail C$600 million in spending between 2026 and 2029 and would have provided access to the region for critical mineral mining.

To stimulate funding in the Canadian economy, the party instead proposed a C$5,000 increase to TFSA contributions destined for Canadian companies.

Other promises included opening Arctic ports for oil exports and expanding the port at Churchill to extend the shipping season through Hudson’s Bay. The bill would also have created a First Nations resource charge, allowing companies to cede a portion of federal taxes to indigenous communities.

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

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This post appeared first on investingnews.com
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Stefanik undercuts Speaker Johnson in stunning public House GOP spat

Rep. Elise Stefanik, R-N.Y., appeared to accuse Speaker Mike Johnson, R-La., of lying about discussing the New York governor’s race with her on Tuesday.

Johnson said he was having ‘conversations’ with Stefanik and her fellow New Yorker, Rep. Mike Lawler, R-N.Y., when asked whether he discussed the upcoming gubernatorial election with the two potential candidates.

Stefanik cited a Punchbowl News report on Johnson’s comments at the public press conference and wrote on X, ‘This is not true. I have had no conversations with the Speaker regarding the Governor’s race.’

‘Looking forward to the conversation about [State and Local Taxes] with NY Members tomorrow. Stay tuned,’ Stefanik wrote.

Fox News Digital reached out to both Johnson and Stefanik for further comment but did not hear back by press time.

It’s a stunning public clash between two members of House GOP leadership that comes shortly after Stefanik returned to her House role full-time.

She had been poised to easily sail through the Senate confirmation process to become President Donald Trump’s new ambassador to the United Nations.

But the House’s razor-thin majority and concerns about the race to replace Stefanik in her upstate New York district eventually forced Trump to have her drop out of the process.

Stefanik had given up her role as House GOP Conference chair and two high-level committee positions on the House’s intelligence and education panels to take the new job.

But Trump directed Johnson to find a new top role for Stefanik, and he soon announced her as chair of House Republican leadership.

Days after that, however, sources told Fox News Digital and other outlets that Stefanik was considering a run for New York governor.

When asked about speaking to her and Lawler about potentially running, Johnson told reporters on Tuesday, ‘I have lots of conversations.’

‘I love them both. They’re two of my favorite people and most trusted colleagues. And, and they’re both super talented, which is why they get talked about for doing other things… I mean, my preference is they all stay here with me, right,’ Johnson said.

‘But I don’t begrudge anybody for having other opportunities. And we ultimately support them in whatever they do. But, are we having conversations? We are. Yeah. And that’s all I’m going to say about it.’

This post appeared first on FOX NEWS
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Potential 2028 hopeful accused of ‘inciting violence’ after call for ‘mass protests’ against Trump

Gov. J.B. Pritzker, D-Ill., reignited speculation about his 2028 presidential ambitions this weekend, but his call for ‘mass protests’ dominated headlines as Republicans accused him of ‘inciting violence.’

Speaking at the New Hampshire Democratic Party’s annual fundraising gala this weekend, Pritzker became the first potential Democratic candidate to visit New Hampshire, or any early primary state, since Democrats’ big November losses. 

‘Never before in my life have I called for mass protests, for mobilization, for disruption. But I am now. These Republicans cannot know a moment of peace. They have to understand that we will fight their cruelty with every megaphone and microphone that we have. We must castigate them on the soapbox and then punish them at the ballot box,’ Prtizker said, triggering outrage among President Donald Trump’s supporters. 

‘His comments, if nothing else, could be construed as inciting violence,’ Stephen Miller, Trump’s deputy chief of staff for policy and homeland security advisor, told reporters outside the White House on Monday. 

Pritzker told the first-in-the-nation primary crowd this weekend, ‘It’s time to fight everywhere and all at once,’ in a comment that seemed to refer to political action, like protesting, voting and challenging the Trump administration in the courts. Pritzker later clarified to reporters he was referring to political action, but Trump’s base wasn’t so convinced. 

‘Are you trying to inspire a 3rd assassination attempt on my dad? Two wasn’t enough for you?’ Donald Trump Jr. asked on X. 

Sen. Dave McCormick, R-Pa., said Pritzker’s comments are the latest demonstration that Democrats are ‘out of touch’ with American voters. 

‘One of the biggest successes of President Trump’s first 100 days has been securing our southern border and keeping Americans safe. Democrats drumming up ‘mass protests’ opposing this obvious success story shows just how out of touch they are with everyday Americans,’ McCormick said on X. 

‘…and Pritzker cannot know a moment of a presidency. He is only the last Democrat to fuel the rage in calling ‘for mass protests, for mobilization, for disruption,” Fox News contributor Jonathan Turley said, arguing that Democrats have consistently called for ‘mass protests’ since Trump returned to the Oval Office in January. 

House Minority Leader Hakeem Jeffries, D-N.Y., made headlines earlier this year when he called for Democrats to ‘fight’ Trump’s agenda ‘in the streets.’

Sen. Eric Schmitt, R-Mo., joked on X that Illinois Republicans are welcome in Missouri: ‘We welcome the Republican refugees from the Land of Lincoln suffering under the tyranny of the Pritzker regime to the free state of Missouri!’

And the Illinois Republican Party chimed in as well, slamming Pritzker’s presidential ambitions and what the party chair described as a politically divisive speech. 

‘JB Pritzker’s ego-driven obsession with becoming president is putting Illinois, and Republicans across the country, at risk. His inflammatory and dangerous speech is focused on further dividing our country and I hope to see Illinois Democrats condemn his call for violence,’ Illinois Republican Party Chair Kathy Salvi said in a statement. 

Salvi said it’s ‘clear that Pritzker’s only priority is what’s best for him and his presidential bid,’ and his trip to New Hampshire is ‘further proof that he’s already left Illinois behind.’

Trips to New Hampshire, which, for over a century, has held the first primary in the race for the White House, are seen as an early indicator of a politician’s interest in running for president in the next election.

The billionaire Democrat has emerged during the president’s first 100 days as one of the most vocal critics of Trump’s executive actions, Elon Musk’s Department of Government Efficiency (DOGE) cuts, and the administration’s policies, including immigration reform and federal funding. 

Pritzker’s comments are the latest in a long-standing feud between the two politicians. Trump often evoked Pritzker’s name on the campaign trail as an example of the downfall of Democratic-run states. 

‘Sloppy J.B. Pritzker… has presided over the destruction and disintegration of Illinois at levels never seen before in any State,’ Trump wrote on Truth Social last year. ‘Crime is rampant and people are, sadly, fleeing Illinois. Unless a change is made at the Governor’s level, Illinois can never be Great Again!’

Pritzker’s office did not immediately respond to Fox News Digital’s request for comment.

Fox News Digital’s Paul Steinhauser contributed to this report.

This post appeared first on FOX NEWS
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Veterans groups urge Trump admin to continue Afghan ally support program amid budget cut concerns

A leaked budget proposal sent on April 10 from the White House Office of Management and Budget to the U.S. State Department highlighted the Trump administration’s posture toward Afghan allies, particularly those awaiting transportation to the U.S. through the Coordinator for Afghan Relocation Efforts (CARE) as part of Enduring Welcome.

The OMB budget proposes ceasing additional funds to CARE and using the program’s $600 million balance ‘for the orderly shutdown of the CARE program by end of [fiscal year] 2025.’

The National Security Council and State Department did not answer Fox News Digital’s questions about whether these funds would be used to transport additional Afghans in the Special Immigrant Visa and the suspended U.S. Refugee Admissions Program (USRAP) pipelines to the U.S., or simply to disassemble processing platforms in the Philippines, Qatar and Albania. 

But a State Department spokesperson did tell Fox News Digital, ‘The Department is actively considering the future of our Afghan relocation program and the Office of the Coordinator for Afghan Relocation Efforts (CARE).  At this time, no final decisions have been made. CARE continues to provide support to Afghan allies and partners previously relocated to our overseas case processing platforms.’

Veteran experts told Fox News Digital that the shutdown of CARE would be a problem for America’s reputation and for the allies who believed in U.S. promises of safety.

U.S. Navy veteran Shawn VanDiver, founder and president of the #AfghanEvac, told Fox News Digital that Operation Enduring Welcome is ‘the safest, most secure legal immigration pathway our country has ever seen’ and allows well-vetted Afghans ‘to show up in our communities and start businesses and become job creators… in a time when we have a labor shortage.’

VanDiver noted areas where Trump could improve on the Biden administration operation, which was carried out ‘so slowly that people have been left behind in Pakistan, in Afghanistan, in 90 countries around the world… for three and a half years.’ Particularly in Pakistan, the Biden administration promised the Pakistani government ‘that it would process Afghans quickly,’ VanDiver said. ‘We haven’t been keeping up our end of the deal; 10,000 people are stuck in Pakistan right now because President Biden couldn’t house them fast enough.’

VanDiver emphasized that ‘President Trump has an opportunity to be a hero to veterans and our wartime allies, and demonstrate that when the United States makes a deal, it keeps its promise.’

In an open letter sent on April 23 to Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, Secretary of Homeland Security Kristi Noem, and national security advisor Michael Waltz, #AfghanEvac states that ‘over 250,000 Afghans remain in the relocation pipelines.’

Andrew Sullivan, executive director of the nonprofit No One Left Behind, told Fox News Digital that his organization supported congressional authorization in 2024 for the three-year appointment of a Coordinator for Afghan Relocation Efforts, which had ‘wide bipartisan’ and ‘wide bicameral support.’ 

‘Our belief is that Congress spoke for a reason and CARE should exist,’ Sullivan said. ‘We have a moral obligation and a national security imperative to ensure that we’re continuing the facilitation of movement and safe refuge for our wartime allies.’ 

Ending Operation Enduring Welcome and the CARE program ‘just spits in the face of veterans like myself, who’ve been working to try and keep our promise to the Afghans who fought with us for 20 years,’ Sullivan said. 

In addition to two Iraq deployments, Sullivan deployed to Zabul, Afghanistan, as a U.S. Army infantry company commander in 2013. In February, he ‘deployed forward’ with No One Left Behind to processing platforms in Tirana, Albania, and Doha, Qatar, after a Jan. 20 executive order reassessing foreign funding, thus ending government-funded flights for SIV applicants. 

Thanks to ‘robust American support that comes from across the political spectrum,’ No One Left Behind received sufficient donations to fund travel for more than 1,000 Afghans.

‘In Albania, I met someone that had been paralyzed by the Taliban after being shot twice,’ Sullivan said. ‘I met someone that had been tortured and shackled, hands and ankles together, for over a week before his release was secured by village elders.’ Both individuals were moved from Afghanistan in December 2024, which Sullivan says proves Afghans are still ‘facing brutality, absolutely facing death, if they remain in the clutches of the Taliban.’

Sullivan says that ‘those same things could happen’ to tens of thousands of Afghans left behind by the Biden administration. This includes ‘10,000 principal [SIV] applicants and their families,’ who, according to State Department quarterly reports, have already received Chief of Mission approval, the SIV program’s first hurdle.

With no word about the fate of allies, many worry about Taliban retribution. So do numerous Afghans in the U.S. who learned in April that their parole has been revoked or their temporary protected status (TPS) was terminated by Secretary Noem. Questions sent to the Homeland Security were not immediately returned.

Bill Roggio, editor of the Long War Journal and a senior fellow at the Foundation for Defense of Democracies, told Fox News Digital that sending allies to Afghanistan ‘would be a death sentence for many.’ 

‘The Taliban have demonstrated that they have – and continue to – ruthlessly hunted down Afghans who worked with the U.S. and former Afghan government,’ Roggio said. ‘Thousands have been murdered or tortured. The Taliban cannot be trusted in any way, shape or form. Their past actions, such as openly flaunting the failed Doha agreement and allowing al Qaeda safe have, or refusing to negotiate with the now defunct Afghan government, demonstrate this.’

This post appeared first on FOX NEWS
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Swedish police say several people injured in apparent shooting

Swedish police said on Tuesday that several people in the city of Uppsala in eastern Sweden were found with injuries that indicated gunfire after loud bangs were heard in the city.

The police said in a statement that they had received calls from members of the public who said they had heard noise that sounded like gunfire in the center of the city.

“Several people have been found with injuries that indicate gunfire,” the police said.

A large area was cordoned off and several investigative measures were underway at the scene, they added.

This is a developing story and will be updated.

This post appeared first on cnn.com
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Overheard on mic, Netanyahu’s wife says ‘fewer’ than 24 hostages are still alive in Gaza

Israeli Prime Minister Benjamin Netanyahu’s wife Sara has been overheard on a microphone saying that “fewer” than 24 hostages are still alive in Gaza, outraging hostages’ families who demanded to know what the government knows about the fate of their loved ones

“We have of course an important task, not only to win but also to bring home (the hostages),” Netanyahu said at a meeting with Israeli holiday torchbearers on Monday. “Until today we have returned 196 of our hostages, 147 of whom were alive. There are… up to 24 living. Up to 24 living.”

“Fewer,” Sara Netanyahu interrupted quietly, seated to her husband’s right.

“I say up to,” Netanyahu quickly responded. “And the rest are, I’m sorry to say, not alive. And we will return them.”

There are currently 59 hostages remaining in Gaza. Israel has publicly said in recent weeks that it believes up to 24 of those are still alive. The short exchange appears to be an indication that the Israeli government may have information that some of the 24 hostages have died.

The group representing the hostages’ families slammed Netanyahu and his wife.

“On the eve of Memorial Day, you sowed indescribable panic in the hearts of the families of the hostages – families already living in agonizing uncertainty,” the Hostages and Missing Families Forum said in a statement. “If there is intelligence or new information regarding the condition of our loved ones, we demand full disclosure.” asking why the wife of the prime minister has sensitive information about their loved ones that they do not.

“If the wife of the prime minister has new information about the kidnapped who were killed, I demand from her to know if my Matan is still alive, or if he was murdered in captivity because your husband refuses to finish the war,” Einav Zangauker, the mother of one of the hostages, said on social media.

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Power is back on in Spain and Portugal, but questions remain about Monday’s blackout. Here’s what we know

Electricity is pulsing through Spain and Portugal again after a massive outage knocked out power in both countries on Monday. So too are questions.

It remains unclear what caused the sudden and staggering blackout, which plunged tens of millions of people into darkness and paralyzed life on the Iberian peninsula.

Authorities are investigating whether a freak event, a cyberattack or some other cause is to blame, while airports and train stations are catching up with a huge backlog.

Here’s what you need to know.

What happened?

Spain’s electrical grid was running as normal until 12:33 p.m. (6:33 a.m. ET) when, suddenly, it suffered a disturbance.

Eduardo Prieto, the director of services for the grid operator Red Eléctrica, said the grid recovered after that first shock. But a second disconnection, one and a half seconds later, caused “a degradation of operating variables” of the system, leading to a “massive generation disconnection” and “disconnection of the connection lines with France.”

“A second and a half may not seem like much. Indeed, it is nothing for any human action. In the electrical world it is a very long time,” Prieto said on Tuesday.

What caused the power outage?

This is the crucial question that tens of millions of people in Spain and Portugal have been asking. And the answer is: We don’t know.

Past blackouts in Europe have often had obvious causes, like a fire or extreme weather. But this event occurred on a warm and sunny day in Spain, and more than 24 hours after the outage, it remains unclear why the entire country lost power.

The problem appears to have originated in Spain: Portugal’s Prime Minister Luís Montenegro was quick to point the finger at his neighboring nation on Monday.

Spanish Prime Minister Pedro Sanchez said at a Tuesday press conference that his government has created an “investigation commission.”

Sanchez said an excess in renewable energy production was not the cause, Reuters reported, ruling out one possibility.

He confirmed that Spain’s cybersecurity authorities are also looking into whether a cyberattack was the cause. Spain’s top criminal court also said on Tuesday it was exploring whether “an act of computer sabotage on critical infrastructure” was to blame.

How extensive was the disruption?

Electricity was completely knocked out in most of Spain and Portugal for several hours, finally returning to most places on Monday evening.

Traffic lights, street lamps, payment terminals and screens were all cut off unless they were battery powered; many shops shut and others were forced to accept only cash payments.

Travel was badly hit: Flights were canceled in airports across Spain and Portugal. Dozens of Iberian cities, like Madrid, Lisbon, Barcelona, Seville and Valencia, are major hubs for transport, finance and tourism. Two of the five busiest airports in the European Union in 2023 were Madrid’s and Barcelona’s, according to EU data.

Police officers were forced to direct traffic with hand signals; roads quickly clogged and subway systems were closed down.

But the worst-case scenarios were averted: Spain’s nuclear sites were declared operational and safe, and hospitals in both countries ran on back-up generators.

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Skyharbour Partner Company Terra Clean Energy Plans Summer Drill Program at the South Falcon East Uranium Project

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ( ‘ Skyharbour ‘ or the ‘ Company ‘) is pleased to announce that partner company Terra Clean Energy Corp. (‘Terra’, previously Tisdale Clean Energy) announces an upcoming summer drill program at the South Falcon East Uranium Project (the ‘Property’) which hosts the Fraser Lakes B Uranium Deposit. The Property lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of the Key Lake Uranium Mill and former mine. Skyharbour optioned the Project to Terra and under the Option Agreement assuming the 75% interest is earned, Terra will fund exploration expenditures totaling CAD $10,500,000, as well as pay Skyharbour CAD $11,100,000 in cash of which $6,500,000 can be settled for shares in the capital of Terra (‘Shares’) over the earn-in period.

Map of South Falcon East Project Claims:

https://skyharbourltd.com/_resources/maps/Sky_SouthFalconEast_20250109.jpg?v=1

Terra is planning an extensive drill program for the summer of 2025 consisting of approximately 2,500 metres of drilling. The purpose is to test an area highlighted in the Winter 2025 program where it is interpreted that a north-northwest trending brittle structure, a north dipping structure with strong clay alteration, and mineralized pegmatites with hydrothermal hematite alteration hosted in graphitic pelitic gneiss all intersect. This puts many of the indicators identified as being key components for higher grade uranium mineralization all in the same location.

It is generally accepted that for higher grade uranium deposits in the Athabasca Basin there are several key indicators including graphitic metasediments, brittle reactivated basement structures, reducing fluid (indicated by clay alteration), and oxidizing fluid (indicated by hematite alteration which transports uranium). All these features have now been identified in the Fraser Lakes B deposit area. Where they are projected to intercept is considered a top priority target area for the discovery of a higher-grade, unconformity related. basement hosted uranium deposit and additional mineralized pegmatites.

‘The Athabasca Basin is one of the world’s foremost Uranium Basins accounting for some 20% of world uranium production. It has been well explored and understood for many years attracting billions of dollars of investment. For these reasons and the fact that our VP Exploration has worked extensively in the Basin and is excited about our findings that it is an immediate priority to follow up the very encouraging winter results this summer,’ said Greg Cameron, CEO of Terra Clean Energy. ‘Finding an unconformity, basement-hosted deposit like Eagle Point or Rough Rider would be company changing,’ added Greg Cameron.

The upcoming work will be a helicopter supported drill program including seven to ten diamond drill holes targeting an area approximately 120 to 150m north of drill holes SF0063, SF0065, SF0066 and SF0067 which were completed during the winter program. The initial results of these drill holes were reported in press releases dated March 10 th , 2025, and April 1 st , 2025, with final geochemical assays still pending. The summer field program is anticipated to commence in June and will be executed by TerraLogic Exploration Inc. under the supervision of TerraLogic staff and C. Trevor Perkins, Vice President, Exploration for Terra Clean Energy. Operations will be based out of a local contracting camp with helicopter support for the daily drilling operations. The expected budget for this program is anticipated to be $2.0 million.

Planned Summer Drilling Area and Completed Winter Drill Holes at South Falcon East Uranium Project:

https://www.skyharbourltd.com/_resources/images/Planned-summer-drilling-area-completed-winter-drill.png

‘The results from the winter drilling program are very encouraging,’ commented Trevor Perkins, Vice President of Exploration for Terra Clean Energy Corp. ‘We are excited to get back in there and test where the clay alteration intersects the mineralized zone and graphitic sediment package. This is an exciting target as this can bring together many of the key features associated with the known basement-hosted, unconformity deposits in the Basin.’ continued Mr. Perkins.

Samples of the mineralized intervals from the winter program are outstanding. They have been submitted for analysis at the Geoanalytical Laboratory at the Saskatchewan Research Council in Saskatoon, Saskatchewan.

South Falcon East Project Summary:

The South Falcon East Project is a uranium exploration project in the southeast Athabasca Basin and covers approximately 12,464 hectares. It lies 18 km outside the Athabasca Basin, approximately 50 km east of the Key Lake Mine. Historical exploration at the South Falcon East Project identified an area of U-Th-REE mineralization at the Fraser Lakes Zone B over an area comprising 1.5 km by 0.5 km along an antiformal fold nose cut by an east-west dextral ductile-brittle cross-structure adjacent to a 65 km long EM conductor.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Serdar Donmez, P.Geo., VP of Exploration for Skyharbour as well as a Qualified Person.

About Terra Clean Energy Corp.:

Terra Clean Energy (formerly Tisdale Clean Energy Corp) is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project, which hosts an inferred uranium resource within the Fraser Lakes B uranium/thorium deposit, located in the Athabasca Basin region, Saskatchewan, Canada.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-six projects covering over 614,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization in several zones at the Maverick Corridor. Adjacent to the Moore Project is the Russell Lake Uranium Project, in which Skyharbour is operator with joint-venture partner RTEC. The project hosts widespread uranium mineralization in drill intercepts over a large property area with exploration upside potential. The Company is actively advancing these projects through exploration and drilling programs.

Skyharbour also has joint ventures with industry leader Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; CSE-listed Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project. In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $36 million in partner-funded exploration expenditures, over $20 million worth of shares being issued, and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:

https://www.skyharbourltd.com/_resources/images/SKY_SaskProject_Locator_2024-11-21_v1.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

‘Jordan Trimble’
Jordan Trimble
President and CEO

For further information contact myself or:

Nicholas Coltura
Investor Relations Manager
‎Skyharbour Resources Ltd.
‎Telephone: 604-558-5847
‎Toll Free: 800-567-8181
‎Facsimile: 604-687-3119
‎Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

This release includes certain statements that may be deemed to be ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including the Private Placement. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information. 



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