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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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News Provided by GlobeNewswire via QuoteMedia



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Halcones Precious Metals: Advancing a Significant High-grade Gold Project in Northern Chile

						
					

			

	
				
						
				
	

		
	


	

		
		






Halcones Precious Metals (TSXV:HPM) is a gold exploration company focused on advancing its high-grade Polaris project in northern Chile, a premier mining region with excellent infrastructure. Polaris hosts multiple surface targets with significant gold values across a large, underexplored property, offering investors exposure to a high-potential discovery in a mining-friendly jurisdiction.


The Polaris Project is located within the metallogenic belt of the Atacama Fault Zone, a major geological corridor known for hosting numerous significant mineral deposits across Chile. Gold mineralization at Polaris is largely controlled by major structures, including the Izcuña and Médano faults, which provided pathways for mineralizing fluids and led to the formation of vein-hosted and stockwork-style gold deposits.




Map of Halcones Precious Metal

Currently, exploration efforts are focused on two main target areas in the southern part of the property adjacent to the Atacama fault:


    

  1. North Zone: A historic mining district with excellent gold assay results at surface
    2. 

  2. South Zone: Another area of historic mining activity with high-grade gold values
    3. 







                            Company Highlights                                


    

  • Strategic Land Position: Controls 5,777.5 hectares in a historically productive gold district with multiple high-grade surface targets
    • 

  • Proven High-grade Gold at Surface: 30 samples returned assays above 10 g/t gold, with values up to 55 g/t gold
    • 

  • Large Mineralized Footprint: Recent sampling extended the gold-bearing trend to 3.9 km, with potential for further expansion
    • 

  • Bulk Tonnage Potential: Gold-bearing stockwork mapped over a 250 m x 500 m area, suggesting potential for a large-scale open-pit operation
    • 

  • Favorable Project Economics: Low-to-moderate elevation project with year-round access and proximity to established infrastructure
    • 

  • Experienced Leadership: Management team with extensive experience in geology, mining exploration, and capital markets
    • 

  • Geological Setting: Mineralization similar to well-known Abitibi gold deposits like Sigma-Lamaque, Goldex and Dome
    • 







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


Click here to connect with Halcones Precious Metals (TSXV:HPM) to receive an Investor Presentation




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Apollo Silver: Advancing Two Significant Silver Projects in the US and Mexico

						
					

			

	
				
						
				
	

		
	


	

		
		






Apollo Silver (TSXV:APGO,OTCQB:APGOF,FSE:6ZF0) is a silver-focused exploration company advancing a dual-asset strategy through two high-potential projects in North America: the Calico Silver Project in California, USA, and the Cinco de Mayo project in Chihuahua, Mexico. Both projects are situated in mining-friendly jurisdictions with robust infrastructure and a history of significant exploration work.


At Calico, Apollo Silver advances the Waterloo deposit through geological modeling, barite resource definition, and engineering studies. Calico hosts 110 Moz of silver (measured and indicated) and 51 Moz (inferred), with recent test work producing a 94.6 percent barite concentrate. 


In Mexico, the Cinco de Mayo project offers rare optionality, featuring a historical inferred resource of 154 Moz silver equivalent (385 g/t) and a high-impact discovery opportunity at the Pegaso Zone. Under an option agreement with MAG Silver, Apollo is executing a 20,000-meter drill program to earn full ownership of the project.




Apollo SilverProject locations

The Calico Silver Project, located 15 km from Barstow, California, includes the adjacent Waterloo and Langtry properties. Calico hosts a combined resource of 110 Moz silver (measured and indicated, 100 g/t) and 51 Moz silver (inferred, 77 g/t). The shallow, laterally extensive deposit offers strong geologic continuity and a low 1.1:1 strip ratio, supporting a potential low-impact open-pit operation. Recent drilling confirmed a 95 percent conversion rate from inferred to measured and indicated resources at Waterloo.






                            Company Highlights                                


    

  • Tier-1 US Silver Asset – Calico Project: Hosts 110 Moz silver (measured and indicated) and 51 Moz silver (inferred), making it the largest undeveloped primary silver deposit in the US.
    • 

  • High-grade Discovery Potential – Cinco de Mayo: An option to acquire a district-scale carbonate replacement deposit with a historical inferred resource of 154 Moz silver equivalent at 386 g/t, offering further upside from the Pegaso Zone discovery target.
    • 

  • Barite Critical Minerals Exposure: Calico includes a historical in-ground barite estimate of 4.5 Mt, with 2023 flotation tests producing 94.6 percent barite concentrate, meeting US estimates API specifications for petroleum drilling fluids.
    • 

  • Strategic Shareholder Registry: Backed by Jupiter Asset Management, Eric Sprott, Terra Capital, Commodity Capital and Ninepoint.
    • 

  • Experienced Leadership Team: Proven M&A, discovery and capital markets expertise with over $5 billion in past transactions and most applicable to Apollo Silver, the success at Prime Mining.
    • 







This Apollo Silver profile is part of a paid investor education campaign.*


Click here to connect with Apollo Silver (TSXV:APGO) to receive an Investor Presentation




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Crypto Market Recap: Hackers Allegedly Plague Rallying Market, Coinbase Preps New Institutional Offering

						
					

			

	
				
						
				
	

		
	


	

		
		






Here’s a quick recap of the crypto landscape for Monday (April 28) as of 9:00 p.m. UTC.


Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.










                            Bitcoin and Ethereum price update                                


Bitcoin (BTC) was priced at US$94,867.28 as markets closed for the day, up 0.4 percent in 24 hours. The day’s range has seen a low of US$93,589.07 and a high of US$95,212.29.






Bitcoin performance, April 28, 2025.




Chart via TradingView


Bitwise CEO Hunter Horsley noted that heightened institutional activity drove Bitcoin’s rally to US$94,000.


In a client note, Greg Cipolaro, the global head of research at NYDIG, said, “Bitcoin has acted less like a liquid levered version of levered US equity beta and more like the non-sovereign issued store of value that it is.” However, it’s worth noting that Bitcoin fell by about US$2,000 after the markets opened in tandem with declining US Treasury yields. 


Ethereum (ETH) ended the day at US$1,799.74, a 0.5 percent decrease over the past 24 hours. The cryptocurrency reached an intraday low of US$1,754.97 and a high of US$1,803.29.






                            Altcoin price update                                


    

  • Solana (SOL) ended the day valued at US$148.64, down one percent over 24 hours. SOL experienced a low of US$145.89 and peaked at $150.06.
    • 



    

  • XRP traded at US$2.30, reflecting a 0.8 percent increase over 24 hours. The cryptocurrency recorded an intraday low of US$2.26 and reached its highest point at US$2.31.
    • 



    

  • Sui (SUI) was priced at US$3.61, showing an increaseof 0.6 percent over the past 24 hours. It achieved a daily low of US$3.55 and a high of US$3.73. 
    • 



    

  • Cardano (ADA) was trading at US$0.7091, up 1.1 percent over the past 24 hours. Its lowest price on Monday was US$0.6879, with a high of US$0.7136. 
    • 







                            Today’s crypto news to know                                






US$330 million Bitcoin transfer sparks concern


On-chain investigator and analyst ZachXBT called out a “suspicious transfer” of 3,520 BTC, worth approximately US$330.7 million at the time, to a new address just after midnight on Monday (April 28). “Shortly after the funds began to be laundered via 6+ instant exchanges and was swapped for XMR causing the XMR price to spike 50%”, Zach wrote, adding that the move was “likely a theft” roughly an hour later. Zach concluded that a longtime holder using major exchanges to suddenly transfer a large sum in many small, costly increments to instant exchanges would be an inefficient method for legitimate use.


To date, there has been no publicly reported confirmation of anyone coming forward to say they have been robbed. Monero’s price has retracted to near its post-spike price, up 10 percent in 24 hours to US$253.09 at the time of writing. 


Loopscale suffers hack, bounty negotiations ongoing


On Saturday (April 26), approximately US$5.8 million of USDC and SOL were stolen from the Solana-based DeFi protocol Loopscale. According to reports, roughly US$5.7 million UDSC and around 1,200 SOL were taken from Genesis vaults. 


Loopscale’s analysis revealed that the attackers manipulated Loopscale’s RateX PT token, which allowed them to exploit a flaw in how the system determined the value of deposited assets. The stolen funds represent around 12 percent of Loopscale’s total value locked. 


In response, Loopscale suspended all withdrawals from its vaults and temporarily halted trading. The platform has offered the attackers a 10 percent bounty and said it would not pursue legal action if the remaining 90 percent is returned. According to Loopscale’s update, posted on X on Sunday evening (April 27), the attackers agreed to return the funds in exchange for a bounty, but said they expected 20 percent. According to the latest update from Etherscan, negotiations are ongoing, and there have been no reports of the funds being returned as of the time of writing.


Coinbase launches Bitcoin yield fund


Coinbase is set to introduce the Coinbase Bitcoin Yield Fund on May 1, which will offer exposure to institutional investors from outside the US. “This fund is a conservative strategy that seeks a 4-8 percent net return in Bitcoin per year, over a market cycle, with investors subscribing and redeeming in Bitcoin,” the company said in a statement on Monday (April 28). 


The yield will be generated through a cash-and-carry strategy, through the difference between spot Bitcoin prices and derivatives, as Bitcoin itself lacks a built-in mechanism for generating passive income like staking on other blockchains. 


According to Coinbase, custodians of the fund will trade using third-party custody integrations to lessen counterparty risk, avoiding higher-risk Bitcoin lending and systematic call selling.


Strategy stacks US$1.42 billion in Bitcoin as price soars past US$90,000


Bitcoin bull Michael Saylor’s firm, Strategy, added another 15,355 BTC to its holdings last week, spending roughly US$1.42 billion between April 21 and 27 as Bitcoin surged past the US$90,000 mark. 


According to Strategy’s April 28 filing with the US Securities and Exchange Commission, the purchase was made at an average price of US$92,737 per Bitcoin, bringing the company’s total haul to a staggering 553,555 BTC — now valued at more than US$50 billion. 


The move marks Strategy’s largest Bitcoin acquisition since late March and reflects the firm’s aggressive accumulation strategy despite growing market volatility. 


On social media, Saylor celebrated the purchase, noting that Strategy’s Bitcoin yield now sits at 13.7 percent year-to-date, and reaffirmed his belief that Bitcoin remains massively undervalued despite its recent rally. 


With the company’s market cap pushing toward US$100 billion and Bitcoin trading around US$95,000, Strategy’s latest moves signal continued institutional confidence in Bitcoin as a core asset class.


Grayscale pushes SEC to approve Ethereum ETF staking


Grayscale Investments is renewing its pressure on the US Securities and Exchange Commission (SEC) to allow staking activities for Ethereum ETFs, highlighting that restrictive rules have already cost American funds more than US$61 million in foregone rewards. 


In a high-level meeting with the SEC’s Crypto Task Force, Grayscale executives presented a proposal to amend existing Ethereum ETF filings to permit staking, emphasizing the competitive disadvantage US funds now face compared to their European and Canadian counterparts. 


Grayscale argued that staking would not only enhance investor returns but also contribute to Ethereum network security, supporting a more resilient decentralized infrastructure. 


The company also laid out a liquidity management plan to address concerns about redemption risks, including credit facilities and liquidity sleeves with custodians like Coinbase Custody.


SEC’s Hester Peirce likens US crypto regulation to ‘floor is lava,’ demands real reforms


SEC Commissioner Hester Peirce delivered a blistering critique of the United States’ crypto regulatory framework, comparing it to the children’s game ‘floor is lava,’ where firms are forced to hop precariously across unclear legal guidelines to avoid regulatory pitfalls. 


Speaking at the SEC’s “Know Your Custodian” roundtable on April 25, Peirce criticized the lack of coherent, actionable rules for investment advisers, custodians, and exchanges dealing with crypto assets. 


She stressed that without clear definitions around securities classifications and custodial qualifications, the industry is being paralyzed by uncertainty, stifling innovation and deterring responsible market participants. 


Fellow commissioner Mark Uyeda reinforced Peirce’s warnings, urging the SEC to expand custodial options by recognizing state-chartered trust companies, a move he said is essential to the healthy development of crypto trading platforms and alternative trading systems. 




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


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




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						Politics
					
					
Trump White House takes 100-day victory lap on reforming key agency amid fierce pushback

						
					

			

	
				
						
				
	

		
	


	

		
		


As President Trump marks his first 100 days in office on Tuesday, the administration is touting all of their fulfilled campaign promises when it comes to Social Security, an issue where he has been much maligned by Democrats and some in the media.


‘I am proud of the extraordinary work by our dedicated employees at SSA to help deliver on President Trump’s promise to protect Social Security,’ Lee Dudek, acting commissioner of the Social Security Administration (SSA), told Fox News Digital in a statement.


‘They have worked tirelessly to improve customer service while safeguarding Americans’ hard-earned benefits from waste, fraud, and abuse. It will take time to fully recover from the disastrous policies of the previous administration, which led to sky-high wait times for customer service and unconscionable delays for benefit decisions,’ Dudek continued. ‘But SSA employees are leading the turnaround by refocusing their work on frontline customer service, modernizing IT for a better customer experience, and bolstering program integrity.’ 


The administration, which has called Trump’s first 100 days the most successful of any administration, says that it has made ‘significant strides’ in moving the Social Security Fairness Act forward and has paid over $14.8 billion in retroactive payments to over 2 million individuals affected by the Windfall Elimination Provision and Government Pension Offset.


Trump’s moves on Social Security come as Democrats, including former President Joe Biden, have accused the administration of plotting to slash Social Security benefits, particularly through the Department of Government Efficiency’s (DOGE’s) efforts to reform the agency. 


However, the administration says that it is focused on reforms, not cutting benefits, and a White House official told Fox News Digital that SSA has identified over $1 billion in cost avoidance or efficiencies for fiscal year 2025 ‘through new, common-sense approaches in areas such as payroll, information technology, contracts and grants, real property, printing, travel, and purchase card policies.’


Examples include reducing software licensing, salvaging and repairing tables and chairs, returning leased motor vehicles, converting in-person training to online, streamlining case assignment and tracking systems, and reducing travel card spending allowances. 


Additionally, the White House official says the agency has made strides in implementing fraud prevention tools, including tools that help identify fraudulent claims via telephone.


Many, including DOGE chief Elon Musk, have raised concerns about the accuracy of Social Security records, particularly when it comes to data related to whether a person is deceased or still on the rolls despite being well over 100 years old. 


The White House told Fox News Digital that progress has been made on that front as well to improve the accuracy of death data and called that effort a ‘high priority’ that was a low priority in the previous administration.


Musk has drawn the ire of Democrats by referring to Social Security as a ‘Ponzi scheme.’


Fox News Digital spoke to an expert earlier this year who made the case that Musk has a point in using the term ‘Ponzi scheme.’




‘Musk’s statement about Social Security being the world’s biggest Ponzi scheme does have validity,’ James Agresti, president of the nonprofit research institute Just Facts, told Fox News Digital in response to pushback from Musk’s claim, which included a ‘false’ rating from Politifact. 


‘A Ponzi scheme operates by taking money from new investors to pay current investors. That’s the definition given by the SEC, and contrary to popular belief, that’s exactly how Social Security operates.’



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						World
					
					
Canadians united against Trump, but are divided about almost everything else

						
					

			

	
				
						
				
	

		
	


	

		
		


            The resurrection of Canada’s Liberal Party was as close to miraculous as you can get in modern politics. Its savior: Prime Minister Mark Carney, a political rookie but also an experienced tactician and one of the world’s most highly regarded economists.    


            But in a farmer’s field on the eve of the election, Canada’s Conservative leader Pierre Poilievre continued to nurture a robust political movement that won the Conservative Party its largest share of the popular vote in decades.    


            Both leaders promised to vigorously stand up to the threat to annex Canada that came early, loudly and often from US President Donald Trump.    


            To meet the moment and the menace, Canadians rallied around the flag, expressing an uncommon patriotism. But they also coalesced along the country’s traditional left-right dividing lines, deepening fractures between east and west, young and old, male and female.    


            Many Canadians voiced a need for strong leadership in the face of the American threat, but they are almost equally divided on who is best to deliver on that.    


            “We have a guy down south talking smack about Canada, I think it’s important we have a strong leader to stand up to him, he needs to show us some respect,” one voter, Elaine Forbes, said as she walked to her Ottawa polling station Monday prepared to back Carney.    


            It was a similar sentiment that motivated many of Poilievre’s supporters.    


            “You need a strong leader and you need a lot more than what’s been going on,” said Nolan Travis just before he cast his ballot in Ottawa, adding, “someone who is going to actually mean what he says.”    


            The buzz word of “leadership” has left Canada’s three other national parties in the cold, all of them losing ground in the popular vote. The country’s next parliament will reflect more of a two-party system, united against Trump but divided about nearly everything else.    


            Both Carney and Poilievre extended a hand to each other on election night, promising to cooperate, especially when it comes to defending Canada against American expansionism.    


            “You know, humility underscores the importance of governing as a team in cabinet and in caucus and working constructively with all parties across Parliament, of working in partnership with the provinces and the territories and with Indigenous peoples,” said Carney during his election victory speech, adding that he will be guided by such humility as he governs Canada.    


            In his election night speech, Poilievre pivoted to conciliatory language Canadians have not heard from him in months.    


            “While we will do our constitutional duty of holding government to account and proposing better alternatives, we will always put Canada first as we stare down tariffs and other irresponsible threats from President Trump. Conservatives will work with the prime minister and all parties with the common goal of defending Canada’s interests and getting a new trade deal that puts these tariffs behind us while protecting our sovereignty and the Canadian people,” he said.    


            As reasonable as both leaders sounded in the aftermath of the vote, key party lieutenants were already sounding more combative.    


            Conservative MP Jamil Jivani, who was reelected Monday, seemed in a fighting mood as he touted an alternative vision for Canada. “I don’t know what tomorrow holds – my focus though is on all the young people, all the parents, the moms, the dads who came to us and trusted us to offer an alternative a brighter future. We’re going to see that too, we’re going to keep fighting and when the next federal election comes around, conservatives will earn the trust of more voters and we will bring home a victory nationally,” he said Monday night in an interview with CBC News.    


            Jivani has been a close friend of US Vice President JD Vance since their years at Yale University.    


            Sean Fraser, a key Carney ally and a once and likely future Liberal cabinet minister, shot back at Poilievre, accusing him of adopting a Trumpian style of politics.    


            But Fraser did concede that Canadians are looking for his government to get beyond the political divide.    


            “Canadians do not want us to continually talk about what’s wrong with the other party we may be competing against, they want us to put our ideas on the table and work together to get things done,” said Fraser in an interview with CBC News after his victory Monday.    


            A two-party system is not the traditional makeup of Canada’s parliament, and it will be tough to navigate for Canadian leaders, especially Carney.    


            “When we seek unity, unity grows,” proclaimed Carney on election night, but fostering that unity could prove an unprecedented challenge.    



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FPX Nickel Announces Board and Management Changes

						
					

			

	
				
						
				
	

		
	


	

		
		








FPX Nickel Corp. (TSX-V: FPX) (OTCQB: FPOCF) (‘ FPX ‘ or the ‘ Company ‘) is pleased to announce the appointment of Dan Apai, P. Eng., as the Company’s Vice President, Projects effective May 1, 2025 . Mr. Apai succeeds Andrew Osterloh who will be departing his role as a Company employee on May 9, 2025 . Further, the Company is pleased to announce that Mr. Osterloh will be nominated for election as a Board member at the Company’s annual general meeting to be held on June 26, 2025 .




FPX Nickel logo (CNW Group/FPX Nickel Corp.)




 Martin Turenne  , President and CEO of FPX stated, ‘On behalf of the Board of Directors, I would like to thank Andrew for his dedication and service to the Company. During Andrew’s tenure and under his leadership, the Company has significantly improved the development basis for the Baptiste Nickel Project, including progressing technical maturity in the areas of metallurgy, engineering, and execution planning. We are grateful for his efforts and wish him the very best going forward.’ 


 Mr. Turenne continued, ‘I am delighted to welcome Dan to our senior management team. Dan has been a valuable contributor since he joined the Company in  January 2023  as our Engineering Manager. Dan brings a wealth of knowledge from prior experience developing and commissioning multiple large-scale projects and his deep familiarity with Baptiste will ensure a smooth transition as we further advance the Project.’ 


 ‘We are very happy to welcome Andrew to the FPX Board,’ commented the Company’s Chairman,  Peter Bradshaw  . ‘Andrew has demonstrated exceptional leadership in progressing Baptiste through the development of the prefeasibility and refinery studies. His deep understanding of the Project and strategic insights will be a significant asset to our Board. We look forward to his contributions as a Board member to the Company’s continued success.’ 


 Mr. Osterloh joined FPX in  June 2021  , bringing with him extensive experience from project management roles at Fluor Canada and site operations positions at several notable mining projects, including  Eskay Creek  (that is now being redeveloped by Skeena Gold & Silver) and Huckleberry, operated by Imperial Metals, both located in  British Columbia  . Mr. Osterloh will be assuming the role of VP, Engineering & Construction at Skeena Gold & Silver, as the Company undertakes redevelopment of the Eskay Creek Project. 


 Mr. Apai, the Company’s Engineering Manager since  January 2023  , has over twenty years’ mining industry experience in civil engineering and engineering management over a diverse range of projects. As Principal Civil Engineer for Fluor Canada, he led study and detailed engineering works for numerous large-scale mining projects for clients including Teck, Newmont, BHP, First Quantum, Glencore, Josemaria Resources, and Newcrest. Dan’s technical expertise includes site layout, earthworks, water management, linear facilities (i.e., roads, powerlines, pipelines), and water supply systems – all elements that strongly influence the capital intensity, permitability, and operability of mining projects. Mr. Apai is a Member of the Association of Professional Engineers of  British Columbia  and holds a Bachelor of Engineering from the University of  Western Australia  . 


 About the Baptiste Nickel Project 


 The Company’s Baptiste Nickel Project represents a large-scale greenfield discovery of nickel mineralization in the form of a sulphur-free, nickel-iron mineral called awaruite (Ni  3  Fe) hosted in an ultramafic/ophiolite complex. The absence of sulphur and our ability to connect to the BC Hydro grid means that Baptiste has the potential to be one of the lowest carbon-intensive nickel producers in the world and will produce a very high grade product that does not required any intermediate smelting or complex refining. The Baptiste mineral claims cover an area of 453 km  2  west of  Middle River  and north of Trembleur Lake, in central  British Columbia  . In addition to the Baptiste Deposit itself, awaruite mineralization has been confirmed through drilling at several target areas within the same claims package, most notably at the Van Target which is located 6 km to the north of the Baptiste Deposit. Since 2010, approximately  US$55 million  has been spent on the exploration and development of Baptiste. 


 FPX has conducted mineral exploration activities to date subject to the conditions of agreements with First Nations and keyoh holders. 


 About FPX Nickel Corp. 


FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located in central  British Columbia  , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company’s website at  https://fpxnickel.com/  or contact  Martin Turenne  , President and CEO, at (604) 681-8600 or  ceo@fpxnickel.com  . 


 On behalf of FPX Nickel Corp. 


 ‘Martin Turenne’ 
 Martin Turenne  , President, CEO and Director 


 Forward-Looking Statements 


 Certain of the statements made and information contained herein is considered ‘forward-looking information’ within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement. 


 Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. 


 SOURCE FPX Nickel Corp. 




Cision View original content to download multimedia:  http://www.newswire.ca/en/releases/archive/April2025/29/c3955.html 








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Cardiol Therapeutics Nominates Dr. Timothy Garnett to Its Board of Directors

						
					

			

	
				
						
				
	

		
	


	

		
		






Former Chief Medical Officer of Eli Lilly brings more than thirty years of pharmaceutical industry experience


Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) (‘Cardiol’ or the ‘Company’), a clinical-stage life sciences company focused on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease, today announced that pharmaceutical industry veteran Timothy J. Garnett, M.D., has been nominated to stand for election to the Company’s Board of Directors at its 2025 Annual General Meeting of shareholders to be held on May 28, 2025.


Dr. Garnett is a distinguished pharmaceutical industry executive with over 30 years’ experience, including two decades at Eli Lilly and Company, where he served as Chief Medical Officer from 2008 until his retirement in 2021. During his tenure at Eli Lilly, he led the successful development of therapeutics in women’s health, endocrinology, and neuroscience, resulting in multiple global commercial launches. Dr. Garnett has played a key role in the successful development of numerous drugs across both early- and late-stage clinical development. He has broad experience leading clinical development, portfolio management, medical affairs, regulatory strategy, and safety functional areas, and has a strategic understanding of the evolving metabolic therapy landscape.


‘We are pleased to nominate Dr. Garnett for election to our Board of Directors, as we mark a significant milestone with the recent initiation of patient enrollment in our pivotal Phase III MAVERIC trial,’ stated Guillermo Torre-Amione, M.D., Ph.D., Chair of Cardiol Therapeutics. ‘Dr. Garnett brings a wealth of industry experience and strategic vision, along with exceptional expertise in clinical development. His proven track record in guiding several drugs through regulatory approval and successful commercial launch will be instrumental in achieving our goal of making a meaningful difference for people living with underserved heart disease.’


Dr. Garnett currently serves as Chair of Ophirex and a Director of MapLight Therapeutics. In addition, he is a member of the Advisory Panel of Cambridge Innovation Capital and an equity partner at Recode Health Ventures LLC. Dr. Garnett holds a Bachelor of Medicine and Bachelor of Surgery (MBBS) from St. George’s, University of London. He is a Fellow of both the Faculty of Pharmaceutical Medicine (FFPM), and the Royal College of Obstetricians and Gynaecologists (FRCOG).


About Cardiol Therapeutics


Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) is a clinical-stage life sciences company focused on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. The Company’s lead small molecule drug candidate, CardiolRx™ (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease. It is recognized that cannabidiol inhibits activation of the inflammasome pathway, an intracellular process known to play an important role in the development and progression of inflammation and fibrosis associated with myocarditis, pericarditis, and heart failure.


Cardiol has received Investigational New Drug Application authorization from the United States Food and Drug Administration (‘US FDA’) to conduct clinical studies to evaluate the efficacy and safety of CardiolRx™ in two diseases affecting the heart: recurrent pericarditis and acute myocarditis. The MAVERIC Program in recurrent pericarditis, an inflammatory disease of the pericardium which is associated with symptoms including debilitating chest pain, shortness of breath, and fatigue, and results in physical limitations, reduced quality of life, emergency department visits, and hospitalizations, comprises the completed Phase II MAvERIC-Pilot study (NCT05494788) and the ongoing Phase III MAVERIC trial (NCT06708299). The ongoing ARCHER trial (NCT05180240) is a Phase II study in acute myocarditis, an important cause of acute and fulminant heart failure in young adults and a leading cause of sudden cardiac death in people less than 35 years of age. The US FDA has granted Orphan Drug Designation to CardiolRx™ for the treatment of pericarditis, which includes recurrent pericarditis.


Cardiol is also developing CRD-38, a novel subcutaneously administered drug formulation intended for use in heart failure – a leading cause of death and hospitalization in the developed world, with associated healthcare costs in the United States exceeding $30 billion annually.


For more information about Cardiol Therapeutics, please visit cardiolrx.com.


Cautionary statement regarding forward-looking information:


This news release contains ‘forward-looking information’ within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events, or developments that Cardiol believes, expects, or anticipates will, may, could, or might occur in the future are ‘forward-looking information’. Forward-looking information contained herein may include, but is not limited to statements regarding the Company’s focus on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease, the Company’s intended clinical studies and trial activities and timelines associated with such activities, including the Company’s plan to complete the Phase III study in recurrent pericarditis with CardiolRx, and the Company’s plan to advance the development of CRD-38, a novel subcutaneous formulation of cannabidiol intended for use in heart failure. Forward-looking information contained herein reflects the current expectations or beliefs of Cardiol based on information currently available to it and is based on certain assumptions and is also subject to a variety of known and unknown risks and uncertainties and other factors that could cause the actual events or results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, and are not (and should not be considered to be) guarantees of future performance. These risks and uncertainties and other factors include the risks and uncertainties referred to in the Company’s Annual Information Form filed with the Canadian Securities Administrators and U.S. Securities and Exchange Commission on March 31, 2025, available on SEDAR+ at sedarplus.ca and EDGAR at sec.gov, as well as the risks and uncertainties associated with product commercialization and clinical studies. These assumptions, risks, uncertainties, and other factors should be considered carefully, and investors should not place undue reliance on the forward-looking information, and such information may not be appropriate for other purposes. Any forward-looking information speaks only as of the date of this press release and, except as may be required by applicable securities laws, Cardiol disclaims any intent or obligation to update or revise such forward-looking information, whether as a result of new information, future events, or results, or otherwise. Investors are cautioned not to rely on these forward-looking statements and are encouraged to read the Supplement, the accompanying Base Prospectus and the documents incorporated by reference therein. 




For further information, please contact:
Trevor Burns, Investor Relations +1-289-910-0855
trevor.burns@cardiolrx.com




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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250087








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IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing

						
					

			

	
				
						
				
	

		
	


	

		
		


International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and quantum computers.


“We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities,” IBM CEO Arvind Krishna said in a release.   




The company’s announcement comes weeks after President Donald Trump unveiled a far-reaching and aggressive “reciprocal” tariff policy to boost manufacturing in the U.S. As of late April, Trump has exempted chips, as well as smartphones, computers, and other tech devices and components, from the tariffs.


IBM said its investment will help accelerate America’s role as a global leader in computing and fuel the economy. The company said it operates the “world’s largest fleet of quantum computer systems,” and will continue to build and assemble them in the U.S., according to the release.


IBM competitor Nvidia, the chipmaker that has been the primary benefactor of the artificial intelligence boom, announced a similar push earlier this month to produce its NVIDIA AI supercomputers entirely in the U.S. 


Nvidia plans to produce up to $500 billion of AI infrastructure in the U.S. via its manufacturing partnerships over the next four years.


Last week, IBM reported better-than-expected first-quarter results. The company said it generated $14.54 billion in revenue for the period, above the $14.4 billion expected by analysts. IBM’s net income narrowed to $1.06 billion, or $1.12 per share, from $1.61 billion, or $1.72 per share, in the same quarter a year ago.


IBM’s infrastructure division, which includes mainframe computers, posted $2.89 billion in revenue for the quarter, beating expectations of $2.76 billion.


The company announced a new z17 AI mainframe earlier this month.


CNBC’s Jordan Novet contributed to this report.



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An American father’s plea: President Trump, please bring my son and the other hostages home from Gaza

						
					

			

	
				
						
				
	

		
	


	

		
		




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It has been 100 days since the new U.S. administration took office amid a clear policy of ‘America First.’ 


But for American families like mine, families whose loved ones are still held hostage by Hamas for over 560 days, we should have already seen results from this policy. My son, Itay Chen, a dual U.S.-Israeli citizen, remains in captivity. So do four other Americans: Edan Alexander, Omer Neutra, Judy and Gadi Weinstein. Every day that passes without their return is another day of anguish, uncertainty, and pain.


As a father, I wake up every morning hoping this will be the day I get the call from the White House telling me my son is coming home. When President Donald Trump won the election, I felt a renewed sense of hope. I believed that his leadership, strength, and personal concern for American hostages would lead to real movement. And I deeply thank President Trump for demanding the release of all hostages even before his inauguration that led to the release of 33 hostages in Gaza, including two U.S. citizens. 


I believe he cares profoundly, but the truth is, the first 100 days of this administration have not delivered what the president himself demanded – releasing all of the U.S. hostages in Gaza and sending a clear message that holding U.S. hostages anywhere is a liability, not an asset. 


This is not a critique made in anger. It is a plea made in desperation. I understand that diplomacy is complex. I know that the negotiations around hostages—especially in a war zone and involving multiple international actors— require discretion, patience, and nuance. But I also know that time is not on our side. As the weeks pass, the fear grows that the window to bring our loved ones back is narrowing and they will disappear forever.


We have seen this administration act boldly in other arenas to implement the America First policy, particularly when it comes to economic policy. Tariffs and financial pressure have already been deployed as tools of American strength. 


Why not apply similar pressure now to release the U.S. hostages? Instead of the administration being proactive, U.S. families like mine, out of despair, are taking matters into our own hands. We’ve been lobbying Congress to impose direct financial sanctions against Hamas, pressuring banks and financial institutions to freeze assets and urging stricter enforcement of existing measures. Just this month, U.S. families filed a lawsuit against Bashar Masri, an American businessman charging that he provided assistance in constructing infrastructure that allowed Hamas militants to carry out their cross-border rampage, including killing 45 U.S. citizens. We’ve urged the Administration, the Department of Justice and the Treasury to expand these efforts. 


The administration can, and must, do more. Americans – children, fathers, sisters – are all still being held in underground tunnels by a terrorist organization, in conditions we can barely imagine. The previous administration told the American families the way to release our family members would be via Israel as a proxy. Though the plan did not work, the Biden administration kept doubling down on the same plan despite not getting the expected results. 


The Trump administration inherited this policy and should re-evaluate the game plan. President Trump is an extremely gifted negotiator. His team successfully released several U.S. citizens from war zones with direct negotiations. As such, why is President Trump not directly negotiating for the release of U.S. citizens in Gaza, but instead using third parties such as Qatar to negotiate for the release of U.S. citizens? In January, we saw what the president’s direct involvement can do to release hostages. The U.S. has a legal obligation to get its citizens out of harm’s way and if the proxy is not capable of releasing them, then the U.S. must find a different path to release its citizens.  


Trump administration officials have sent a clear message to the world that American lives are not bargaining chips. This administration has the opportunity to reinforce that principle—to lead with strength and show that ‘America First’ means never leaving Americans behind.


I will not lose hope. My faith in America’s power and promise is unbroken. But that hope needs to be matched with action. For Itay. For the other hostages. For the credibility – and the soul – of a nation that is seeking to reset the table with the world based on a true ‘America First’ policy. What a victory it would be if President Trump, in his upcoming visit to the Middle East, will bring on his plane back home the 5 U.S. hostages from Gaza.



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